Market Activity Report for May 4-10, 2009

There were quite a few new listings last week: 27 in all. That is not counting the 14 that I found to be “refreshed”. In other words the listing was pulled and then put in again to look new in the data base. We had a fairly good number of houses that went pending: 14 total. And then there was just one closed sale. While the market is certainly starting to pick up, it is still off of the pace of the spring market in 2007 and 2008. I was also glad to see the pending sale in Cheryl Ct. There is so much high-end inventory that every single sale that happens is important.

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

NEWLY LISTED (

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ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price # BR # BTHS Total SF Prop Type List Date
45 EAGLE CREST DR $168,950 2 2 1,056 CONDO 5/4/2009
200 BURNHAM RD $204,900 1 1 943 CONDO 5/4/2009
19138 PILKINGTON RD $275,000 3 1.1 1,099 DETACHD 5/4/2009
4214 WOODSIDE CIR $309,900 3 2.1 1,841 ATTACHD 5/8/2009
5918 SEVILLE AVE $315,000 4 2 1,752 DETACHD 5/9/2009
3269 PHYLLIS CT $379,900 3 1.2 1,818 DETACHD 5/4/2009
534 2ND ST $399,000 2 2.1 1,394 CONDO 5/7/2009
5523 ROYAL OAKS DR $475,000 2 2 1,817 DETACHD 5/5/2009
18042 JENIFERS WAY 514900 3 2.1 2,559 DETACHD 5/8/2009
5502 KODERRA AVE 539900 4 2.1 3,058 DETACHD 5/8/2009
5948 BAY POINT DR 539950 4 2.1 2,421 DETACHD 5/6/2009
5525 RACHEL LN 542900 3 2.1 2,375 DETACHD 5/8/2009
17997 BRAEDEN CT 544900 3 2.1 2,142 DETACHD 5/8/2009
18020 JENIFERS WAY 546900 4 2.1 3,086 DETACHD 5/8/2009
17985 BRAEDEN CT 554900 3 2.1 2,559 DETACHD 5/8/2009
3061 WESTVIEW CT 560000 4 3 3,396 DETACHD 5/5/2009
5568 KODERRA AVE 566900 4 2.1 2,997 DETACHD 5/8/2009
16920 GREENTREE AVE 579000 4 2.1 2,830 DETACHD 5/10/2009
952 A AVE 599000 3 2 2,912 DETACHD 5/4/2009
5590 KODERRA AVE 599900 4 2.1 3,072 DETACHD 5/8/2009
11 CELLINI CT 599950 5 3 3,392 DETACHD 5/8/2009
2110 GREENTREE RD 879000 4 3.1 2,852 DETACHD 5/6/2009
2044 RIDGEWOOD RD 895500 4 2 2,466 DETACHD 5/8/2009
1224 TYNDALL CT 965000 5 3.1 4,157 DETACHD 5/6/2009
589 7TH ST 979000 4 3.1 4,382 DETACHD 5/9/2009
18026 SKYLAND CIR 1475000 5 3.1 4,134 DETACHD 5/9/2009
1835 PALISADES TERRACE DR 1899500 4 3 3,380 DETACHD 5/5/2009

PENDING SALES (May 4-May 10, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price # BR # BTHS Total SF Prop Type CDOM
44 EAGLE CREST DR $124,950 1 1 798 CONDO 63
4 TOUCHSTONE $134,900 3 2.1 1,350 CONDO 138
83 OSWEGO SMT $179,000 2 2 1,140 CONDO 280
5831 SEVILLE AVE $199,900 4 1 1,320 DETACHD 253
668 MCVEY AVE $218,000 3 1.1 1,184 CONDO 61
1897 BOCA RATAN DR $237,100 3 2.1 1,739 ATTACHD 24
925 IRON MOUNTAIN BLVD $269,900 3 2 2,070 DETACHD 639
1716 HALLINAN ST $369,500 3 3 1,916 DETACHD 28
108 RIDGEWAY RD 379000 3 1 1,468 DETACHD 493
1462 Worthington ST 424000 4 3 1,800 DETACHD 60
4070 WESTBAY RD 449996 3 2 1,828 DETACHD 6
17102 CAMPUS WAY 475000 4 3 2,621 DETACHD 56
1065 LUND ST 799000 5 3.1 4,584 DETACHD 78
1937 CHERYL CT 1225000 4 3.1 5,065 DETACHD 273

SOLD (May 4-May 10, 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
1961 SUMMIT DR $1,180,000 $825,000 3 2.1 3,218 DETACHD 268

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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