Lake Oswego Real Estate Market Activity – November 3-6, 2008

Things cooled off a bit, as expected, from the torrid sales report we saw a week ago.
About 13 homes went under contract or closed escrow last week.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (November 3—November 6, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
58 GALEN ST
$133,000
1
1
689
CONDO
11/5
86 KINGSGATE RD
$146,900
2
2
849
CONDO
11/2
668 MCVEY AVE
$219,998
2
1
852
CONDO
11/3
5059 FOOTHILLS DR
$259,000
2
2
1,031
CONDO
11/4
152 RIDGEWAY RD
$299,900
2
1.1
1,794
CONDO
11/5
3 THE GROTTO
$300,000
3
2
1,688
DETACHD
11/4
5096 SW TREE ST
$334,900
3
1.1
1,410
DETACHD
11/3
5254 TIMBERGROVE ST
$374,500
4
2
1,854
DETACHD
11/4
4 BRITTEN CT
$429,000
3
2.1
1,972
ATTACHD
11/3
4 OTHELLO ST
$434,900
4
3
2,184
DETACHD
11/4
5221 ROSEWOOD ST
$435,000
3
2.1
2,226
DETACHD
11/2
17079 CHERRY CREST AVE
$469,000
3
2.1
3,002
DETACHD
11/2
17095 REBECCA LN
$499,900
3
2.1
2,258
DETACHD
11/5
17071 REBECCA LN
$504,950
4
3
2,256
DETACHD
11/5
17088 REBECCA LN
$554,900
4
2
2,507
DETACHD
11/4
12974 KNAUS RD
$599,000
3
3.1
3,792
DETACHD
11/3
668 MCVEY AVE
$599,998
3
1.1
992
CONDO
11/6
13275 TWIN CREEK CT
$639,000
4
2.1
3,041
DETACHD
11/7
1670 PINE ST
$679,987
4
3.1
3,286
DETACHD
11/4
12611 BOONES FERRY RD
$749,900
5
3.1
4,042
DETACHD
11/5
17175 KELOK RD
$929,000
3
3
2,002
DETACHD
11/3
17370 CANYON DR
$949,000
4
3.1
3,408
DETACHD
11/3
2811 ARROWHEAD CT
$1,650,000
4
3.1
3,740
DETACHD
11/8
13200 THOMA RD
$2,232,500
5
5.2
7,648
DETACHD
11/3

PENDING SALES (November 3—November 6, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
60 GALEN ST
$116,000
1
1
550
CONDO
89
4000 CARMAN DR
$149,900
2
2
869
CONDO
22
245 CERVANTES
$177,650
2
2
1,292
ATTACHD
78
17570 SW MARDEE AVE
$284,950
3
1
1,050
DETACHD
194
1725 FERNWOOD DR
$429,000
4
2.5
1,580
DETACHD
436
4967 SUNTREE LN
$430,000
3
2.1
1,915
DETACHD
107
4378 ALBERT CIR
$824,900
3
3
3,735
DETACHD
263
16545 MAPLE CIR
$949,900
3
2.1
3,100
DETACHD
9

SOLD (October 27—November 2, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
535 2ND ST
$425,600
$425,600
2
2
1,120
CONDO
452
18936 BRYANT RD
$1,082,000
$750,000
4
4
4,100
DETACHD
875
14381 FOSBERG RD
$1,199,000
$1,100,000
4
3.1
4,900
DETACHD
46
581 2ND ST
$1,395,000
$1,325,000
2
2.1
2,147
CONDO
484
17459 WREN CT
$1,369,000
$1,330,000
4
4
4,366
DETACHD
65

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.

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