Market Activity for March 23 to 29, 2009

Last week was spring break for the Lake Oswego School District and it kept the market a bit quiet.  15 new listings, 6 pending sales, and 2 closed listings made for a rather slow week.  That being said, once spring break is over, it is traditionally the time of year when the market picks up steam.  The daffodils are in full bloom with tulips and rhododendrons soon to follow.  Houses really look good in the spring and many home owners time selling their homes around the season when their yards show their home at its best.  Both new listings and pending sales should pick up as the weather improves.

Here is your summary of last weeks activity:

NEWLY LISTED (March 23—March 29, 2009)

Address List Price # Beds # Baths Tot. SF Prop Type List Date
7 CRESTFIELD CT $115,000 1 1 689 CONDO 3/28/2009
1033 YATES ST $199,900 4 3.1 2,500 DETACHD 3/26/2009
3433 MCNARY PKWY $199,950 2 2.1 1,208 CONDO 3/27/2009
4041 JEFFERSON PKWY $229,000 1 1.1 1,041 ATTACHD 3/26/2009
4316 BOTTICELLI ST $274,900 3 2.1 2,098 CONDO 3/23/2009
103 KINGSGATE RD $319,000 3 2.1 1,352 DETACHD 3/27/2009
5 PEACOCK PL $330,000 4 2.1 1,760 DETACHD 3/29/2009
3290 WEMBLEY PARK RD $379,000 5 3 2,614 DETACHD 3/23/2009
17311 ASHLEY CT $385,000 4 2.1 2,160 ATTACHD 3/27/2009
18601 WAXWING ST $447,000 4 2 1,908 DETACHD 3/27/2009
1250 PINE ST $499,000 4 3 2,856 DETACHD 3/26/2009
17859 HILLSIDE WAY $539,000 5 3 3,418 DETACHD 3/23/2009
12647 SW 21ST CT $649,900 5 2.1 3,212 DETACHD 3/23/2009
1918 INDIAN TRAIL $1,095,000 3 3 3,094 DETACHD 3/25/2009
3545 RED CEDAR WAY $1,350,000 5 4.5 4,625 DETACHD 3/24/2009

PENDING SALES (March 23—March 29, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
PROP TYPE
DOM
Address List Price # BR # BTHS Total SF Prop Type CDOM
47 EAGLE CREST DR $137,900 2 1 947 CONDO 56
5831 SEVILLE AVE $199,900 4 1 1,320 DETACHD 211
6317 CARMAN DR $219,900 3 1.1 1,344 DETACHD 168
5235 OAKRIDGE RD $304,900 3 2.1 1,576 DETACHD 129
13805 REGENCY CT $399,000 4 2.1 2,045 DETACHD 29
17960 RIDGE LAKE DR $634,900 4 2.1 3,124 DETACHD 271

SOLD (March 23—March 29, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
4 TOUCHSTONE DR $194,900 $153,000 3 2.1 1,351 CONDO 45
16840 ALDER CIR $1,749,000 $1,555,000 4 2.1 3,563 DETACHD 249

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

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