According to recent data, a house in Oregon City has been sold for a staggering $951,000, making it the highest-priced residential real estate sale in the area for the past week. In total, there were 17 residential real estate sales recorded in Oregon City during this period, with an average price of $582,641, equating to approximately $290 per square foot.
It is worth noting that the prices listed below reflect real estate sales in which the title was officially recorded during the week of Aug. 21, regardless of whether the property had been sold prior to that.
This significant sale highlights the continuous growth and demand for high-end residential properties in Oregon City. The robust sales activity in the area indicates a thriving real estate market and an attractive destination for potential buyers.
The average price of $582,641 for the residential sales during the past week indicates a strong market for properties in Oregon City. This figure reflects the desirability of the area, with homebuyers willing to invest substantial amounts in their dream homes.
Oregon City boasts a wide range of amenities and attractions, including picturesque landscapes, a family-friendly community, and excellent schools. These factors contribute to the appeal of the area, attracting both local residents and newcomers.
Overall, the recent real estate sales in Oregon City demonstrate a vibrant market, with buyers willing to pay top dollar for their desired properties. This trend suggests continued growth and economic prosperity for the area, making it an appealing destination for future real estate investments.
Definitions:
– Residential Real Estate Sales: Transactions involving the purchase and sale of residential properties such as houses, apartments, and condominiums.
– Average Price: The mean cost of all the residential real estate sales recorded during a particular timeframe.
– Square Foot: Unit of measurement for the size of a property, calculated by multiplying the length by the width of a specific area.
Sources:
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