Lake Oswego Real Estate Market Activity – August 18-24, 2008

The pace of sales appears to be tailing off over the past few weeks, a normal occurrence as the summer winds down. Interestingly, some of the steep price discounts we’ve seen over the past several weeks are minimal this week.

A quick note about New Listings: For now, we will be unable to link you to the property details on the areshome.com site as we have in past weeks. We are looking for a suitable solution to link you to the listing details and hope to resume that feature soon.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (August 18 – 24, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
7202 MONTAUK CIR
$124,900
2
1
968
CONDO
8/19
45 EAGLE CREST DR
$171,111
2
2
1,046
CONDO
8/18
245 CERVANTES
$187,000
2
2
1,292
ATTACHD
8/18
5059 FOOTHILLS DR
$279,000
2
2
1,031
CONDO
8/17
39 ORIOLE LN
$299,900
2
1.1
1,310
DETACHD
8/18
18307 LONGFELLOW AVE
$359,900
3
2
1,457
DETACHD
8/22
15256 BOONES WAY
$369,900
2
2.1
1,600
ATTACHD
8/21
4980 GALEN ST
$378,500
2
2.1
1,552
ATTACHD
8/17
4664 SW FIRWOOD RD
$399,000
3
2
1,640
DETACHD
8/19
7050 CHILDS RD
$429,000
2
2
1,693
DETACHD
8/22
4984 BILFORD LN
$450,000
3
2.1
1,963
DETACHD
8/17
1830 SW CLOVERLEAF RD
$495,500
5
2
1,795
DETACHD
8/17
960 9TH ST
$499,900
3
1
1,429
DETACHD
8/17
252 NORTHSHORE RD
$499,900
3
1
1,440
DETACHD
8/19
111 3RD ST
$499,900
2
2
1,206
CONDO
8/20
855 7TH ST
$499,999
4
1
1,392
DETACHD
8/17
16919 LAKERIDGE DR
$509,000
4
3
2,710
DETACHD
8/18
2360 GREENTREE RD
$559,995
3
2.1
2,207
DETACHD
8/18
17445 LAKE HAVEN DR
$579,900
4
3
2,949
DETACHD
8/19
3368 SOUTHSHORE BLVD
$615,000
5
2
2,160
DETACHD
8/21
2981 VALE CT
$639,000
4
2.1
3,516
DETACHD
8/22
5853 SOUTHWOOD DR
$649,900
5
2.1
3,707
DETACHD
8/18
5647 BAY CREEK DR
$665,000
5
2.1
3,000
DETACHD
8/17
1708 OAK ST
$799,000
4
2.1
3,450
DETACHD
8/19
524 WEIDMAN CT
$799,000
4
2.1
3,449
DETACHD
8/20
4118 GLACIER LILY ST
$799,990
4
3.1
4,452
DETACHD
8/20
13719 ROGERS RD
$849,000
4
2.1
3,204
DETACHD
8/17
426 7TH ST
$925,000
4
2.1
2,902
DETACHD
8/22
4378 ALBERT CIR
$995,000
3
3
3,735
DETACHD
8/20
17878 HILLSIDE DR
$995,000
5
3
3,462
DETACHD
8/17
4256 LAKEVIEW BLVD
$995,000
3
3.1
3,117
DETACHD
8/19
163 IRON MOUNTAIN BLVD
$998,000
3
1.1
1,968
DETACHD
8/20
4349 LAKEVIEW BLVD
$998,000
4
3
3,678
DETACHD
8/18
17257 BRYANT RD
$1,169,900
5
3.2
4,789
DETACHD
8/18

PENDING SALES (August 18 – 24, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
820 BOCA RATAN DR
$326,900
3
3.1
2,220
DETACHD
10
14480 CAMDEN LN
$499,500
3
2.1
1,944
DETACHD
71
17944 RIDGE LAKE DR
$525,000
4
2.1
2,525
DETACHD
55
539 2ND ST
$543,600
2
2
1,339
CONDO
532
27 BECKET ST
$579,900
3
2
2,615
DETACHD
356
1670 PINE ST
$700,000
4
4
3,286
DETACHD
413
5287 LANGFORD LN
$718,950
3
2.1
2,951
DETACHD
452

SOLD (August 11 – 17, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
100 KERR PKWY
$105,000
$102,500
1
1
617
CONDO
42
1543 BONNIEBRAE DR
$270,000
$249,500
3
1.1
1,303
ATTACHD
100
15950 SW PARKER RD
$449,000
$380,000
3
1
924
DETACHD
263
4160 CHAPMAN WAY
$399,900
$395,000
3
2
1,545
DETACHD
9
18321 WOOD THRUSH CIR
$449,900
$435,000
3
2.1
2,052
DETACHD
28
3815 Southshore BLVD
$539,000
$529,900
4
2
2,638
DETACHD
25
14121 GABRIELLE CT
$698,500
$680,000
4
2.1
3,015
DETACHD
24
55 NORTHSHORE RD
$699,000
$695,000
3
2
2,750
CONDO
16
539 10TH ST
$1,495,000
$1,150,000
4
4.2
4,356
DETACHD
214

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

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