A Guide to Lake Oswego Real Estate and Community Dianne & Linda Brought to you by Dianne Gregoire and Linda Rossi (Trotta), brokers with Oregon First, a professional real estate company licensed with the Oregon Real Estate Agency.

Contact: Dianne | Linda

Subscribe by EMail

Enter your email address:



Brought to you by:

Market Activity Sept 8-14, 2014

It certainly feels like the waning days of summer with the crisp fell of fall in the evening air. Our market continues to be strong, although less active as it was over the summer. Last week in Lake Oswego we had 20 new listings, 17 houses go into pending status and 7 sold/closed sales.

Following is the breakdown according to RMLS:

New on the Market (Sept 8-14, 2014)

Address Type Price BR Bths SF
4 Touchstone #76 Condo $124,000 2 2 984
10 Cervantes Circle Condo $149,900 2 1.5 912
1531 Boca Ratan Dr Attached $289,000 3 2 1755
468 5th St Condo $310,000 2 1.5 1092
20 Aquinas St Detached $410,000 4 2.5 1814
143 Kingsgate Rd Detached $469,000 3 2 2618
804 2nd St Attached $505,000 4 3 3548
2626 Park Rd Detached $537,500 4 3 2475
1868 Kilkenny Dr Detached $550,000 3 2.5 2500
17102 Campus Way Detached $575,000 4 3 2626
17941 Meadowlark Ln Detached $579,000 4 3.5 3905
4821 Dawn Ave Detached $599,000 3 2 1854
17704 Treetop Ln Detached $695,000 5 3.5 3975
2823 Glen Haven Rd Detached $749,900 5 4 3015
14220 Bridge Ct Detached $750,000 4 2.5 3419
1623 Glenmorrie Dr Detached $850,000 5 4.5 5656
16342 Ivy Ln Detached $939,900 5 3.5 4645
2543 Palisades Crest Detached $998,900 3 2.5+.5 4141
1880 Crest Dr Detached $1,650,000 3 3 2800
1150 Fairway Rd Detached $3,750,000 5 5.5 8527

Pending Sales (Sept 8-14, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #91 Condo $122,500 2 2 984 23
86 Kingsgate Rd C102 Condo $131,000 2 2 924 4
4000 Carman Dr #28 Condo $144,000 2 2 884 4
200 Burnham Rd #301 Condo $159,000 1 1 948 22
5058 Foothills Dr A Condo $239,900 2 2 1252 12
18660 Don Lee Way Detached $259,900 3 1 946 35
18852 Longfellow Ave Detached $309,900 3 1.5 1232 49
14594 Wilmot Way Detached $420,000 3 2.5 1710 0
17688 Cardinal Ct Detached $459,000 3 3 1970 14
13448 Auburn Ct Attached $525,000 3 2.5 2535 4
100 D Ave Attached $539,000 2 2.5 1847 7
754 5th St Detached $770,000 3 3 2179 9
2175 Crest Dr Detached $799,900 3 3 2950 20
814 Lake Shore Rd Detached $899,000 3 2.5 1972 78
2943 Lakeview Blvd Detached $979,900 4 3 3794 419
744 9th St Detached $1,239,000 4 3.5 4255 46
17442 Ridgeview Ln Detached $1,325,000 4 3.5+.5 5036 198

Sold/Closed (Sept 8-14, 2014)

Address Type List Price Closed Price Sq Ft CDOM
6360 McEwan Rd Detached $275,500 $260,000 1450 83
827 5th St Detached $689,000 $659,000 2124 50
17288 Lowenberg Ter Detached $875,000 $847,000 3467 22
16672 Fir Ln Detached $899,000 $905,000 4,179 119
1776 Oak St Detached $925,000 $910,000 4012 5
590 Oak Meadow Dr Detached $1,249,000 $1,249,000 4673 5
16775 Graef Circle Detached $1,450,000 $1,400,000 2448 52

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Be Sociable, Share!

News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) numbers:

The latest real estate numbers in Portland and the Lake Oswego/West Linn areas for August are in. There’s a mixed bag of improvement generally over last year, and/but continued slowing in August, as in July, from the months prior.

According to the RMLS Market Action Report for the Portland Metro Area  August, 2014:

  • At 2,586, August Closed Sales dropped 3.4% from the month prior (July), and 1.4% from August of 2013.
  • There were 3,581 New Listings in August which was 4.6% higher than August 2013, but down a whopping 9.4% from the month prior.
  • The Average Sale Price in August of $340,000 was down exactly $4,470 from the month prior. The first eight months of 2014 are logging an Average Sale Price of $332,600, which is up 7.6% over the same time period in 2013.
  • August Pending Sales (accepted offers), at 2,704, were down 3.5%  from the month prior. They were also slowing in July, which indicates fewer offers being made. That said, the Pending sales for August are up 3.4% over August 2013 .

__________________________________________

In Lake Oswego and West Linn we have some slowing in New Listings from July, and exactly the same number of Pending Listings…which is interesting :  )  The number for Closed Sales (how many were actually completed during August) is down a bit. The number of days it is taking for a property to sell is shrinking… which is a Good thing! As always, the Average Sale Price is higher than Portland Metro numbers. This is because of the percentage of high dollar homes, and does not mean that you can’t find reasonably priced homes here as you can see from our weekly Market Activity Reports.

The combined areas of Lake Oswego and West Linn  for August reported:

    • 531Active Listings
    • 185 New Listings
    • 148 Pending Sales
    • 134 Closed Sales
    • An average Sale Price of $520,200.
    • Average Time on the Market: 57 Days
Be Sociable, Share!

Market Activity ~ Sept 1-7, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 15 New properties enter the market, 24 move to Pending status, and 14 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on Mkt (Sept 1-7, 2014)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #C37 $139,900 1 1 836 CONDO
18543 DON LEE WAY $260,000 3 1 924 DETACHD
16250 PACIFIC HWY #59 $269,900 2 2 1380 CONDO
38 WHEATHERSTONE $290,000 3 2.1 1692 ATTACHD
1 EAGLE CREST DR $326,000 3 2 1265 DETACHD
1190 OAK TER $375,000 4 2 1534 DETACHD
15985 LAKE FOREST BLVD $379,000 3 2 1530 DETACHD
321 CERVANTES $399,950 3 2.1 2474 CONDO
6158 FROST LN $464,900 3 2.1 2109 DETACHD
14353 HOLLY SPRINGS RD $525,000 4 3 2238 CONDO
1653 DEVON LN $559,000 4 3 3181 DETACHD
754 5TH ST $770,000 3 3 2179 DETACHD
14084 GOODALL RD $1,295,000 5 5.1 5399 DETACHD
6 2015 Street of Dream 1600000 – 1900000 3 4.1 4200 DETACHD
1854 OAK KNOLL CT $1,995,000 3 3 3351 DETACHD

PENDING SALES (Sept 1-7, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
5061 FOOTHILLS DR #G $199,900 2 2 991 CONDO 7
5225 JEAN RD #605 $199,900 2 2 1400 CONDO 32
1531 CEDAR ST $264,900 2 1 832 DETACHD 18
5530 BONITA RD $269,900 3 1.1 1200 DETACHD 3
1018 SPRUCE ST $279,000 2 1 906 DETACHD 2
18325 SW 65TH AVE $287,500 3 1.1 1071 DETACHD 67
1818 COUNTRY CLUB RD $299,999 4 2 2032 DETACHD 3
1180 OXFORD DR $329,900 3 3 1760 DETACHD 11
19180 INDIAN CREEK AVE $365,000 4 3 2392 DETACHD 12
17226 TUALATIN ST $398,000 4 2.1 1942 DETACHD 34
13371 PETERS RD $407,000 3 2.1 2340 DETACHD 62
2944 DELLWOOD DR $425,000 3 3 2152 DETACHD 73
1310 LEE ST $425,000 3 2 2344 DETACHD 19
38 Northview CT $437,500 4 4 3125 ATTACHD 140
76 TOUCHSTONE $439,000 5 2.1 2856 DETACHD 73
529 2nd ST /Grnd Lvl $450,000 2 2 1339 CONDO 75
1638 PINE ST $479,000 5 2 3160 DETACHD 222
2 MORNINGVIEW CIR $489,000 3 2.1 2954 DETACHD 89
4250 HAVEN ST $499,950 3 3 1924 DETACHD 1
16919 LAKERIDGE DR $514,900 6 3 2710 DETACHD 50
2751 SUMMIT DR $648,950 3 2 2418 DETACHD 39
5005 DOGWOOD DR $779,000 4 3.1 4156 DETACHD 71
18977 BARTON RD $825,000 4 3.2 5076 DETACHD 32
17509 RIDGEVIEW LN $1,119,000 4 3.1 3938 DETACHD 3

SOLD  (Sept 1-7, 2014)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
73 CONDOLEA WAY #73 $299,000 $277,224 2 2 2131 CONDO 87
77 CONDOLEA WAY $320,000 $295,000 3 3 2143 CONDO 47
5300 DAWN AVE $479,500 $470,000 4 3 2544 DETACHD 180
2610 GLEN HAVEN RD $550,000 $515,000 4 3 3187 DETACHD 90
363 6TH ST $599,900 $517,500 3 3.1 2258 ATTACHD 253
17573 BLUE HERON CT $550,000 $530,000 4 3 2401 DETACHD 142
17641 BROOKHURST DR $659,000 $638,100 4 2.1 3386 DETACHD 34
2858 TOLKIEN LN $683,000 $638,500 4 3.1 3742 DETACHD 139
14133 AMBERWOOD CIR $725,000 $725,000 4 2.1 3200 DETACHD 0
17230 FERNWOOD DR $898,000 $855,000 5 4 4046 DETACHD 79
927 10TH ST $949,900 $885,000 4 2.1 2780 DETACHD 56
4063 Canal Woods CT $1,095,000 $950,000 4 3.1 4563 DETACHD 126
1777 ATHERTON DR $1,595,000 $1,475,000 6 4.3 6237 DETACHD 56
1425 CHANDLER RD $2,600,000 $2,535,000 5 4.1 5086 DETACHD 1

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Be Sociable, Share!

Buying versus Renting

Whitney Gregoire’s first post!

Hello everyone, I finally made it, I’m a Realtor! I want to thank Linda Rossi and my mother Dianne Gregoire for providing me with this wonderful opportunity to blog about real estate. I am excited to dive into the profession and look at some amazing houses!

Being a new Realtor in the business means that I have a lot of learning to do (thankfully my Mom is a pro), but perhaps my learning can also be your learning as you follow our blog.

So I wish to share about my very first request from my friends when I finally got my license activated with Oregon First, and that is:

“Now do you only sell houses for sale or can you show people rental houses as well?”

A lot of my good friends are around my age (25-30) and are just getting a handle on their career path and direction in life. Moving into a new home is a grand venture and requires a lot of motivation in your invested self as well as the aptitude of your wallet. So a lot of them are renters. Really this question is more along the lines of: You are ready to move into a new home, do you buy or do you rent?
First off as a real estate broker I can only sell property under the supervision of my principle broker Mickey Lindsey, and not manage rental properties for an owner. So my license does not cover managing rental properties. I can however sell a property to somebody looking to buy who intends on keeping it, as property that they rent out themselves. Unfortunately, even if I help a friend look on-line for a property for rent and send them to a property manager I do not collect a commission. So as you can see there isn’t any motive to help somebody find a rental property for an Oregon broker.

With that said there are pros and cons for renting versus buying that I can touch upon:

Renting:
Renting a home provides for convenience of location while at the same time being affordable. Most often it is your property manager’s responsibility to maintain the general up-keep of the residence, and in some cases they pay the property tax. It’s nice if your income is a bit stretched and you really want to live in certain areas due to work or school. It can however be difficult to be a renter as property managers must enter your home from time to time to maintain the general up-keep (not without giving you twenty-four hours notice of course). And if you break your rental agreement by buying a dog in a dog-free complex you risk termination of the contract which may lead to eviction. So really you do not actually own the property and must live by somebody else’s rules. Then again you are also free of the responsibility of the physical integrity of the property, which is what deposits are for; in case you cause any considerable damage to the home that must be repaired when you move out. You are living in somebody else’s investment.

Buying:

Buying a home is expensive, and keeping up on taxes and liens on the property can be a bit stressful at times. However, there is nothing greater than knowing that you are the owner. Buying a property can be a great investment: as once you pay off the initial mortgage on the property that land becomes yours, and if you sell it you get money (after taxes of course). You can invest in your property however you see fit: You can rent it out to others for monetary gain, you can build a shop on it to support your own business or hobbies, and you can play on it and paint the walls of your house any color you desire. Or just simply live on it. Buying a property means that you are providing yourself with an investment that adds to your personal assets and worth. And isn’t it worth living it for you? I guess I’m bias, being a broker and all.

So all in all I only do the selling of property thing, and I do not deal with rental property. However, if any of you have any questions about rental property or would like to rent feel free to search on the web for your desired location to live in, and contact the property manager of any property that you might find. Have a chat with them and ask them about what they have to offer and/or how it works, because licensed property managers will know more about rental property than I do.

Thank you for reading! If you are at all interested in watching my experience of being a new Realtor unfold then feel free to follow me on facebook!
https://www.facebook.com/whitney.gregoire.9

Thank you all,
Whitney Gregoire
(503) 778-0644

Be Sociable, Share!

Market Activity August 25-31, 2014

Here is your Latest Market Data: last week in Lake Oswego we saw 13 New properties enter the market, 15 move to Pending status, and 17 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (Aug 25-31, 2014)

Address Type Price BR Bths SF
48 Eagle Crest Dr 1C Condo $169,950 2 2 1370
5061 Foothills Dr G Condo $199,900 2 2 991
5058 Foothills Dr A Condo $239,900 2 2 1252
18963 Longfellow Ave Detached $325,000 3 1.5 1232
4631 Wildwood St Detached $399,900 3 2 1650
17688 Cardinal Ct Detached $459,000 3 3 1970
3 Bolivar St Detached $524,900 4 3.5 4782
768 Berwick Ct Detached $549,900 3 2 1731
1210 Wells St Detached $750,000 3 3.5 4494
4090 Westbay Rd Detached $765,000 3 2 2078
63 Nansen Summit Detached $899,900 4 3.5 3202
16650 Fir Ln Detached $1,279,000 4 3.5 3860
17344 Cedar Rd Detached $1,325,000 5 2.5 2831

Pending (Aug 25-31, 2014)

Address Type Price BR Baths SF DOM
366 Cervantes Circle 14-C Condo $136,500 2 1 832 2
6360 McEwan Rd Detached $265,500 3 1.5 1450 83
466 5th St #14 Condo $310,000 2 1.5 1092 27
23 Falstaff ST Detached $329,500 3 2 1434 53
475 8th St Detached $375,000 3 1 960 0
562 2nd St Condo $379,900 2 2.5 1302 177
17211 Robb Pl Detached $439,000 3 2 2085 68
2195 Glenmorrie Ln Detached $521,900 3 2 2461 102
4311 Orchard Way Detached $525,000 4 2.5 3010 227
11 Juarez St Detached $550,000 4 2.5 2551 91
33 Morningview Circle Detached $550,000 3 2.5 2737 123
17641 Brookhurst Dr Detached $659,000 4 2.5 3386 34
551 2nd St Condo $660,000 2 2 1631 74
3894 Tamarack Ln Detached $825,000 4 3.5 4035 20
1400 Ridgecrest Dr Detached $1,649,500 4 4 3859 15

Sold/Closed (Aug 25-31, 2014)

Address Type List Price Closed Price Sq Ft CDOM
100 Kerr Parkway #54 Condo $89,900 $86,900 617 2
5720 Kenny St Detached $299,900 $270,000 1416 64
14360 Uplands Dr Detached $468,000 $275,000 2943 483
16200 Pacific Hwy #15 Condo $279,900 $275,000 1,200 6
3009 Wembley Park Rd Detached $365,000 $375,000 1763 3
50 Condolea Ct Condo $425,000 $398,000 2760 85
15115 Twin Fir Rd Detached $409,900 $400,000 1392 160
15422 Partridge Dr Detached $420,000 $405,000 2580 49
4908 Mulholland Dr Attached $439,000 $429,000 2498 8
54 Aquinas St Detached $499,900 $495,000 2632 90
828 5th St Detached $550,000 $535,000 1884 10
1611 Highland Dr Detached $549,000 $549,000 2,675 14
14564 Kruse Oaks Blvd Detached $689,900 $674,250 3001 10
2479 Marylview Ct Detached $769,000 $756,675 3832 18
1603 Bay View Ln Detached $849,000 $775,000 3650 57
5347 Denton Dr Detached $785,000 $779,000 3240 1

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Be Sociable, Share!

Welcome Whitney!

Whitney Gregoire

Whitney Gregoire

I am just super excited to announce the addition of my daughter, Whitney Gregoire, to our team here at the blotter. My Mom was a Realtor here in Lake Oswego for nearly 30 years. I got my license in 1987, and now Whitney has gotten her license as well. I guess it’s in our blood.

Whitney in 1988 in front of my Mom's sign

Whitney in 1988 in front of my Mom’s sign

Whitney is a graduate of Lakeridge High School here in Lake Oswego and graduated from Columbia College Chicago in 2008 with a degree in computer annimation. She is extremely creative and engaging. I think you’ll enjoy the energy she brings to her endeavors. I am excited to have her computer and technical skills be part of our team. I think she will give you a fresh perspective on the topic of real estate.

Welcome Whitney!

Dianne

Be Sociable, Share!

Market Activity August 18-24, 2014

Here is your Latest Market Data: last week in Lake Oswego we saw 14 New properties enter the market, 27 move to Pending status, and 19 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (Aug 18-24, 2014)

Address Type Price BR Bths SF
4 Touchstone #91 Condo $122,500 2 2 984
200 Burnham Rd #301 Condo $159,000 1 1 948
48 Eagle Crest Dr 2B Condo $204,900 3 2 1623
1180 Oxford Dr Detached $329,900 3 3 1760
5713 Kenny St Detached $349,000 3 2 1384
19180 Indian Creek Ave Detached $365,000 4 3 2392
18978 Indian Springs Circle Detached $425,000 3 2 1900
1310 Lee St Detached $425,000 3 2 2344
1401 Greentree Circle Detached $449,000 3 2 1800
18431 Deer Oak Ave Detached $449,900 4 2.5 2203
120 Condolea Dr Condo $549,900 3 3 2958
2175 Crest Dr Detached $799,900 3 3 2950
18177 Delenka Ln Detached $830,000 5 2.5+.5 3802
18042 skyland Circle Detached $1,150,000 5 3 4800

Pending (Aug 18-24, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #110 Condo $149,000 2 2 1000 24
245 Cervantes Condo $149,900 2 2 1292 5
1316 Cedar St Detached $240,000 1 1 1594 7
1531 Cedar St Detached $264,900 2 1 832 4
16200 Pacific Hwy #21 Condo $269,000 2 2 1190 78
1 Peacock Place Detached $299,000 3 2.5 1248 34
5010 Oakridge Rd Detached $317,500 3 2 1182 4
90 Kingsgate Rd Detached $325,000 3 2.5 1727 326
4291 Woodside Circle Attached $325,000 3 2 2026 49
1795 Fernwood Dr Detached $329,900 3 1 1220 17
16494 Inverurie Rd Detached $349,000 3 1 1200 7
10 Abelard St Detached $394,900 3 2 1874 5
16902 Chapin Way Detached $449,000 3 2.5 1993 4
1191 Oxford Dr Detached $459,950 5 3 2900 57
4575 Oakridge Rd Attached $460,000 3 2.5 1927 49
18893 Indian Springs Circle Detached $469,500 4 3 2841 132
18211 Moria Ct Detached $519,000 4 2.5 2538 14
577 2nd St #306 Condo $570,000 2 2 1459 45
17900 Canal Rd Detached $575,000 4 3 2992 266
17450 Treetop Way Detached $585,000 5 3 3752 0
3333 Royce Way Detached $614,999 4 2.5 2697 295
16 Southwood Dr Detached $632,500 5 2.5 3043 6
435 8th St Detached $695,000 3 3.5 2394 116
841 Northshore Rd Detached $889,850 3 3 2388 68
1776 Oak St Detached $925,000 4 3.5+.5 4012 5
17643 Kelok Rd Detached $950,000 4 2.5 2390 92
2015 Street of Dream Detached $1,998,000 5 4.5 5185 57

Sold/Closed (Aug 18-24, 2014)

Address Type List Price Closed Price Sq Ft CDOM
370 Cervantes Circle Condo $133,000 $111,000 832 83
510 S State St Condo $150,000 $149,000 829 4
4 Touchstone #62 Condo $158,500 $158,500 1351 6
1368 Boca Ratan Dr Attached $262,500 $255,000 1,611 55
5950 Harrington Ave Detached $298,000 $280,000 960 43
6136 Fernbrook Circle Detached $293,455 $306,455 1250 1
135 Kingsgate Rd Detached $357,000 $344,500 1720 17
17440 Hill Way Detached $389,900 $348,000 1492 1
1380 Bonniebrae Dr Detached $415,000 $385,000 2940 37
3065 Royce Way Detached $469,000 $410,000 2726 223
1210 Wells St Detached $525,000 $470,000 4494 132
5 Falstaff St Detached $495,000 $482,000 2,417 12
5415 Bay Creek Dr Detached $600,000 $600,000 3105 3
18322 Anduin Terrace Detached $689,000 $650,000 3771 106
17303 Grandview Ct Detached $675,000 $664,000 3580 49
146 Del Prado St Detached $699,900 $676,000 3263 7
17814 Marylcreek Dr Detached $799,900 $780,000 4497 0
755 6th St Detached $995,000 $909,000 4170 181
3730 Marquis Ct Detached $1,899,000 $1,899,000 6039 489

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Be Sociable, Share!

News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) numbers:

The latest numbers shows mostly robust activity in Portland and the Lake Oswego/West Linn areas for July.

According to the RMLS Market Action Report for the Portland Metro Area  July, 2014:

  • At 2,678, July Closed Sales rose 2.3% over the month prior (June), but fell 3.2% when compared with July of 2013.
  • There were 3,954 New Listings in July... 2.0% higher than July 2013, but down 3% from the month prior when there were 4,078.
  • The Average Sale Price in July, $344,700, was up nearly $10,000 (9,900)  from the month prior!  In addition the first seven months of 2014 are logging an Average Sale Price of $331,400, which is up 7.9% over the same time period in 2013.
  • July Pending Sales (accepted offers), at 2,802, were down 5.5%  from the month prior. This seems to indicate a slowing where Buyers were not making as many offers in July. That said, the Pending sales are up 2.3% over July 2013 .

The combined areas of Lake Oswego and West Linn  for July reported:

    • 557 Active Listings
    • 230 New Listings
    • 148 Pending Sales
    • 157 Closed Sales
    • An average Sale Price of $560,900.
    • Average Time on the Market: 85 Days
Be Sociable, Share!

Market Activity ~ Aug 11-17, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 15 New properties enter the market, 23 move to Pending status, and 16 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on Mkt (Aug 11-17, 2014)

List Price Address # Beds # Baths Total SF Prop Type
$149,900 245 CERVANTES 2 2 1292 CONDO
$189,000 203 OSWEGO SMT #203 2 2 1506 CONDO
$315,000 2 THE GROTTO 3 2 1156 DETACHD
$349,000 16494 INVERURIE RD 3 1 1200 DETACHD
$394,900 10 ABELARD ST 3 2 1874 DETACHD
$410,000 123 CONDOLEA DR 3 3 2143 CONDO
$449,900 16902 CHAPIN WAY 3 2.1 1993 DETACHD
$450,000 6055 SW CARMAN DR 3 3 2460 DETACHD
$499,900 1001 BULLOCK ST 3 2 2008 DETACHD
$718,000 5726 CHARLES CIR 4 3.1 3173 DETACHD
$899,500 737 COUNTRY CLUB RD 4 2.1 3242 DETACHD
$925,000 1776 OAK ST 4 3.2 4012 DETACHD
$1,295,000 689 G AVE 4 2.1 3100 DETACHD
$1,649,500 1400 RIDGECREST DR 4 4 3859 DETACHD
$2,375,000 18022 SKYLAND CIR 4 5.1 9265 DETACHD

PENDING SALES (Aug 11-17, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #54 $89,900 1 1 617 CONDO 2
3884 BOTTICELLI ST #34 $140,000 2 1.1 1132 CONDO 150
432 5TH ST #1 $279,900 2 1.1 1092 CONDO 57
5720 KENNY ST $289,900 3 2 1416 DETACHD 64
1310 OAK TER $379,000 3 1 900 DETACHD 17
16998 GREENTREE AVE $398,500 4 2.1 2392 DETACHD 64
3225 TEMPEST DR $448,000 3 2.1 2231 DETACHD 48
257 C AVE $449,000 4 2 1600 DETACHD 105
23 TOUCHSTONE $479,000 5 4 3144 DETACHD 81
17187 CARLSON CT $495,000 4 3 2082 DETACHD 10
1023 GANS ST $495,000 3 2.1 2770 DETACHD 3
5101 DAWN AVE $499,000 5 3 2700 DETACHD 260
1286 LARCH ST $549,900 4 2.1 2410 DETACHD 97
1403 GREENTREE CIR $649,900 5 3.1 4047 DETACHD 47
1640 OAK ST $675,000 4 2.1 3301 DETACHD 186
18020 SKYLAND CIR $799,999 4 3.1 3210 DETACHD 43
17288 LOWENBERG TER $875,000 4 3.1 3467 DETACHD 22
16672 FIR LN $899,000 4 4.1 4179 DETACHD 119
257 IRON MOUNTAIN BLVD $899,000 4 2.2 3746 DETACHD 52
590 OAK MEADOW DR $1,249,000 4 4.1 4673 DETACHD 106
13777 CAMEO CT $1,700,000 4 5.1 7300 DETACHD 38
1633 LESLIE LN $1,850,000 5 4.1 5921 DETACHD 88
616 CABANA LN $2,895,000 4 4 3800 DETACHD 390

SOLD  (Aug 11-17, 2014)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #61 $229,900 $209,900 2 2 1305 CONDO 136
5054 FOOTHILLS DR C $239,000 $228,500 3 2 1252 CONDO 245
13 SAINT HELENS CIR $364,900 $300,000 3 2.1 2022 DETACHD 143
1285 OAK TER $325,000 $315,000 3 1.1 1150 DETACHD 11
164 KINGSGATE RD $359,000 $355,000 3 2 1757 DETACHD 3
15465 TANAGER DR $379,000 $387,520 2 2 1535 DETACHD 6
13753 PROVINCIAL HILL DR $479,900 $475,000 3 2.1 1935 DETACHD 4
10 HOTSPUR ST $492,000 $499,000 4 2.1 2313 DETACHD 4
73 TANGLEWOOD DR $509,900 $510,000 4 3.1 4278 DETACHD 13
18212 INDIAN CREEK DR $549,900 $554,900 4 2.1 2251 DETACHD 6
15254 CANDLEWOOD CT $599,000 $570,000 5 3 2968 DETACHD 126
5807 RIDGETOP CT $659,900 $590,000 5 2.1 2650 DETACHD 23
14246 KIMBERLY CIR $669,000 $675,000 4 2.1 3520 DETACHD 25
1245 CHANDLER RD $797,500 $711,750 4 4 3278 DETACHD 158
5676 SUNCREEK DR $799,000 $800,000 4 3.1 3312 DETACHD 2
4591 DOGWOOD DR $889,000 $889,000 4 3.1 4177 DETACHD 2

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Be Sociable, Share!

Market Activity August 4-10, 2014

Summer continues to bring us a very strong real estate market here in Lake Oswego. Last week there were 18 new listings brought onto the market, 25 properties moved to pending status, and 23 closed/sold homes.

Following is the breakdown according to RMLS:

New on the Market (August 4-10, 2014)

Address Type Price BR Bths SF
18660 Don Lee Way Detached $279,900 3 1 946
7210 Childs Rd Detached $295,000 3 2 1542
1795 Fernwood Dr Detached $334,900 3 1 1220
1305 Cornell St Detached $369,900 3 2 2692
3061 Doris Ct Detached $449,000 5 2 2684
1023 Gans St Detached $495,000 3 2.5 2770
18840 Rivendell Ct Detached $499,000 4 3 3060
18211 Moria Ct Detached $519,000 4 2.5 2538
7190 Childs Rd Detached $525,000 3 3 2316
17601 Woodhurst PL Detached $675,000 3 2.5 3179
4258 Albert Circle Detached $689,000 4 2.5 2745
16342 Ivy Ln Detached $699,900 5 3.5 4645
13639 Twin Creek Ln Detached $699,950 4 2.5 3202
2612 Rivendell Rd Detached $799,000 4 3 3168
18977 Barton Rd Detached $825,000 4 3.5+.5 5076
3894 Tamarack Ln Detached $825,000 4 3.5 4035
3600 Southshore Blvd Detached $849,900 3 2.5 2177
16342 Ivy Ln Detached $1,175,000 5 3.5 4645

Pending Sales (August 4-10, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #110 Condo $149,000 2 2 1000 10
16250 Pacific Hwy #47 Condo $189,900 2 1 1305 79
16200 Pacific Hwy #15 Condo $279,900 2 2 1200 6
4271 Woodside Circle Attached $350,000 3 2 2126 360
17617 Arbor Ln Detached $390,000 3 2 1745 11
50 Condolea Ct Condo $398,000 2 3 2760 85
1380 Bonniebrae Dr Detached $415,000 5 3 2940 37
17225 Chapin Way Detached $425,000 3 2 2257 17
18929 Longfellow Ave Detached $446,000 3 2 1800 7
32 Northview Ct Attached $459,900 4 3.5 3063 117
811 Sunny Hill Dr Detached $489,900 4 3 2964 53
6810 Childs Rd Detached $496,010 4 2 3282 20
2610 Glen Haven Rd Detached $524,995 4 3 3187 90
1282 Hide A Way Ln Detached $525,000 5 3 3300 65
32 Del Prado St Detached $529,900 3 3.5 2602 53
4105 Wood Hill Ct Detached $625,000 4 3 3154 75
2858 Tolkien Ln Detached $658,000 4 3.5 3742 139
2630 Rivendell Rd Detached $710,000 4 3.5 4611 413
5626 Grand Oaks Dr Detached $715,000 3 3.5 3387 73
14183 Taylors Crest Ln Detached $749,999 4 2.5 3624 92
17814 Marylcreek Dr Detached $799,900 5 3.5 3397 8
4063 Canal Woods Ct Detached $999,900 4 3.5 4563 126
1777 Atherton Dr Detached $1,595,000 6 4.5+.5+.5 6237 56
13777 Cameo Ct Detached $1,700,000 4 5.5 7300 28

Sold/Closed (August 4-10, 2014)

Address Type List Price Closed Price Sq Ft CDOM
100 Kerr Pkwy #57 Condo $115,000 $115,000 822 7
44 Eagle Crest Dr #37 Condo $131,900 $131,900 908 57
174 Oswego Summit Condo $179,900 $179,900 1506 24
45 Eagle Crest Dr #100 Condo $215,000 $200,000 1,537 21
4405 Thunder Vista Ln Condo $225,000 $219,000 2002 49
2130 Wembley Park Rd Detached $399,900 $399,900 1544 1
1710 Meadows Dr Detached $399,900 $408,000 1677 66
13053 Sierra Ct Detached $479,900 $452,500 2215 107
17088 Rebecca Ln Detached $499,950 $464,000 2554 301
18343 Anduin Terrace Detached $649,900 $530,000 3000 375
4736 Lakeview Blvd Detached $584,900 $584,900 2838 18
17033 Chapin Way Detached $660,000 $625,000 3,163 113
5027 Rosewood St Detached $659,900 $645,900 3156 85
13268 Deerfield Ct Detached $649,900 $651,900 2895 2
1168 Andrews Rd Detached $725,000 $668,000 1851 13
3766 Rivers Edge Dr Detached $729,900 $719,900 3404 13
4076 Orchard Dr Detached $759,000 $732,000 3991 45
3900 Canal Rd Detached $938,950 $883,500 3759 40
730 Kenola Ct Detached $937,500 $919,200 4319 8
1224 Tyndall Ct Detached $950,000 $925,000 4157 38
16809 Quail Ct Detached $1,000,000 $949,900 4425 40
2120 Glenmorrie Dr Detached $1,275,000 $1,190,000 4293 124
4101 Southshore Blvd Detached $2,850,000 $2,900,000 3707 2

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Be Sociable, Share!