Lake Oswego Market Activity ~ August 3 – 9, 2009

Last week Lake Oswego saw 15 New properties hit the market, while 12 went Pending and 9 Sold.

Of the 9 that sold, 7 were under $500,000. 7 of the 12 Pending sales were also priced under $500,000. While, of the 15 coming on the market fresh, 5 are priced under $500,000.

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

NEWLY LISTED (August 3—August 9, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price # Beds # Baths Total SF Prop Type List Date
4749 FIRWOOD RD $229,900 3 1.1 1,440 DETACHD 8/4/2009
6137 CHILDS RD $240,000 3 1 946 DETACHD 8/7/2009
5424 WASHINGTON CT $299,900 2 1 1,296 DETACHD 8/6/2009
3290 WEMBLEY PARK RD $309,900 5 3 2,614 DETACHD 8/5/2009
8 BUCKINGHAM TER $465,000 4 2.1 3,186 DETACHD 8/7/2009
676 9TH ST $525,000 2 1 1,850 DETACHD 8/6/2009
644 7TH ST $530,000 3 2.1 1,658 DETACHD 8/7/2009
1570 WOODLAND TER $569,500 3 2.1 2,212 DETACHD 8/3/2009
17479 BROOKHURST DR $699,000 4 2.1 3,551 DETACHD 8/6/2009
4380 UPPER DR $784,900 4 4.1 4,071 DETACHD 8/5/2009
16705 GLENWOOD CT $799,000 4 3 4,243 DETACHD 8/9/2009
5459 WESTFIELD CT $875,000 5 3.1 3,670 DETACHD 8/3/2009
1920 GLENMORRIE DR $995,000 3 3.1 4,284 DETACHD 8/7/2009
3136 DOUGLAS CIR $1,125,000 4 3.1 4,022 DETACHD 8/5/2009
1101 Crestline CT $3,995,000 4 4.3 7,226 DETACHD 8/7/2009

PENDING SALES (August 3-August 9, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR $139,900 1 1 768 CONDO 78
23 MOUNTAIN CIR $285,000 2 2 1,300 DETACHD 17
4090 WESTBAY RD $299,900 2 1 917 DETACHD 34
17860 Sundown CT $310,000 4 3.1 3,480 DETACHD 136
13024 ROGERS RD $369,900 4 1 1,826 DETACHD 83
802 SUNNY HILL DR $429,000 4 2.1 2,508 DETACHD 16
5807 RIDGETOP CT $479,900 4 2.1 2,650 DETACHD 15
6 NORTHVIEW CT $500,000 4 3.1 3,188 ATTACHD 115
745 4TH ST $500,000 3 2 2,662 DETACHD 206
20 DA VINCI ST $599,900 5 3 3,089 DETACHD 25
4305 UPPER DR $749,000 4 2.1 3,474 DETACHD 78
16359 CHAPIN WAY $1,289,000 4 3.1 4,158 DETACHD 404

SOLD (August 3-August 9, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
82 GREENRIDGE CT $249,900 $218,000 3 2.1 2,868 CONDO 79
2071 BONNIEBRAE DR $295,000 $279,900 3 2 1,611 CONDO 392
15265 BOONES WAY $349,900 $338,500 2 2.1 1,560 ATTACHD 46
108 RIDGEWAY RD $499,000 $379,000 3 1 1,468 DETACHD 112
16919 LAKERIDGE DR $425,000 $400,000 4 3 2,710 DETACHD 295
2802 GREENTREE RD $449,500 $449,500 3 2.1 2,280 DETACHD 3
15195 LILY BAY CT $524,900 $730,000 4 2.1 4,099 DETACHD 163
320 CHANDLER PL $1,900,000 $1,800,000 5 3.1 4,675 DETACHD 38
2793 POPLAR WAY $2,395,000 $1,825,000 5 5.1 6,300 DETACHD 1290

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.

Lake Oswego Open Houses ~ Sunday, August 9, 2009

We’ve got 36 properties to see in Lake Oswego on Sunday.

Here are those that will be held open according to RMLS:

Address L/Price # Beds # Baths Total SF Open
45 OSWEGO Summit $129,900 1 1 764 1-4 PM
65 OSWEGO SMT $169,900 2 2 1140 1-4 PM
141 OSWEGO SMT $169,900 2 2 1140 1-4 PM
11 OSWEGO SMT $179,900 2 2 1212 1-4 PM
109 OSWEGO SMT $179,900 2 2 1212 1-4 PM
3433 MCNARY PKWY #401 $199,950 2 2.1 1208 12 – 4 PM
166 OSWEGO SMT $229,900 2 2 1506 1-4 PM
4465 GOLDEN LN $249,000 2 2.1 1980 1-4 PM
150 KINGSGATE RD $324,900 3 2 1502 11-1 PM
5 ORIOLE LN $387,000 3 2.5 2024 1-3 PM
1531 WOODLAND TER $429,000 3 2.1 1895 1-4 PM
3745 TEMPEST DR $479,500 4 3 2573 12-2PM
2405 Dellwood DR $505,000 5 3 2336 11-2 PM
14371 SHERBROOK PL $509,900 3 2.1 2550 3-5 PM
340 8TH ST $535,000 3 2 1992 12-2 PM
11 MORNINGVIEW CIR $547,000 3 2.1 2921 1-3 PM
24 INDEPENDENCE AVE $549,950 6 3.1 3561 1-3 PM
475 10TH ST $593,950 4 2.1 2932 1-3 PM
38 DA VINCI ST $649,000 4 2.1 2932 12 – 4 PM
4380 UPPER DR $784,900 4 4.1 4071 11-2 PM
1836 PALISADES LAKE CT $795,000 5 3 4251 2-4 PM
2886 UPPER DR $797,000 3 2 2674 1-3 PM
18132 WESTVIEW RD $849,000 4 3.1 3871 11-2 PM
3030 WESTVIEW CT $874,000 4 2.1 3415 1:30-3:30 PM
1785 PALISADES TERRACE DR $879,000 5 4.1 5052 2-4 PM
17878 HILLSIDE DR $895,000 5 3 3462 1-3 PM
16461 CHAPIN WAY $947,500 4 2.1 4271 1-3 PM
1839 PALISADES LAKE CT $985,000 4 3.1 4570 2-4 PM
17464 RIDGEVIEW LN $1,298,950 4 3.1 4407 2-4 PM
622 OAK MEADOW DR $1,325,000 4 3.1 4171 2-4 PM
664 OAK MEADOW DR $1,355,000 4 3.1 4198 2-4 PM
18110 Siena DR $1,394,000 4 3.1 4311 2-4 PM
657 OAK MEADOW DR. $1,395,000 4 3.1 4371 2-4 PM
17433 RIDGEVIEW LN $1,495,000 4 4.1 4704 2-4 PM
18024 SKYLAND CIR $1,699,000 4 3.2 4131 2-4 PM
1835 PALISADES TERRACE DR $1,899,500 4 3 3380 2:30-4:30 PM

Insulation Anyone?

Insulation 1-1So…. you’re moving, or getting ready to sell, or in the middle of a home inspection on either end of the transaction.  One of the myriad things that may cross your path is the issue of insulation.  Some homes have it, some don’t.  Some have it in the walls but nowhere else, some have it in the floors and ceilings.  A lot depends on the era of the home and whether and how much updating has been done.   If you are selling your home and your home has insulation, say underneath, that has been damaged (squirrels, etc), you may be asked to repair or replace it.  If you have an older home with blown-in insulation in the attic, you may want to know what the material consists of.  If you are buying a home without insulation in the walls, you may be wanting to add some after the purchase is complete.   Here are some hopefully helpful tidbits on insulation:

  • Insulation is one of the lowest-cost options for improving energy efficiency (saving money : )  You can reduce your heating and cooling needs by up to 30% just by investing a few hundred dollars in insulation and weatherization products.
  • Should you insulate your home? Well, only 20% of homes built before 1980 are said to be well insulated, so you may want to investigate whether yours fits into this category.
  • How does insulation work?  Heat moves naturally from a warmer to a cooler space. So, in winter, it is trying to move to the outdoors through walls, ceilings, floors etc.  In the summer, the hot air outside is trying to make it indoors.
  • Insulation comes in a variety of forms:  in blankets, in batts, bagged & pour-ready, and “blown-in” material.
  • An important consideration when choosing a form of insulation is flammability. Keep insulation at least 3 inches from light fixture wiring and other heat-producing equipment unless it is marked “IC” allowing for direct insulation contact.
  • Insulation is made of either:
  1. “Mineral Wool” (which includes rock & fibrous glass).  These can be blown-in or purchased in blankets or batts with foil or paper vapor barrier.  Rock Wool can also be purchased in bagged form.  *This material is inherently non-flammable, but the products that have paper vapor barrier attached may be flammable.
  2. “Plastic Foam Resin” (made of polystyrene, polyurethane, or urea formaldehyde).  It can be purchased in sheets or bolts, or a contractor may spray the foam in place. *These products are generally not ‘Fire-Proof”, but check to find out whether the product you are using is “Flame Retardant”, “Flame Resistant” or neither.  Also ask about the ignition temperature… depending on the area in which you live, and other factors, some products, when approaching high ignition temperatures, can emit toxic gases.  Additionally, polystyrene and polyurethane cannot be used safely unless enclosed in a flame and heat-resistant material such as gypsum board.
  3. “Cellulose Insulation” (made of finely ground cellulose such as recycled newspaper).  This can be blown in place. *Flame-retardant chemicals are usually added to reduce flammability. One thing to ask about is the type of chemical that may be part of this product as the use, for instance, of too much sulfate can cause potential corrosion of pipes and other metal material.

(NOTE: Bottom line, talk to your contractor or supplier to discuss which type of insulation is right for your home in whatever location and for whatever use you are employing it.  This is ONLY meant as a primer to give you a better understanding of your options.)

  • The US Dept of Energy (DOE) measures insulation in R-Values, which are different for different areas of the country, and dependent on weather & temperature variations etc.  Here is a link that will take you to a map allowing you to find your particular area & check the recommended R-Values:        http://www.naima.org/pages/resources/library/pdf/BI487.PDF
  • When using fiberglass insulation remember that “looser is better”. Tightly packed fiberglass reduces the R-Value.
  • Do not block vents with insulation.
  • Use high density insulation such as rigid foam boards on areas such as cathedral ceilings and exterior walls.
  • Contrary to popular belief, when installing fiberglass insulation under the flooring in a crawlspace, you attach the paper or foil vapor barrier toward the heated area, not YOU.  Secure with rope or wire. Also, remember to insulate piping and ducting if you are opting for insulating under the floor. (NOTE: Consult your contractor or supplier as there are different ways of insulating a crawlspace depending on whether it is vented or un-vented.)
  • When installing this fiberglass insulation w/backing in walls under construction you will again face the backing material toward the heated space… so this time it will be facing YOU.
  • When insulating walls in already-built homes lacking it, you will again want to consult with a contractor as there are varying opinions about whether to blow in insulation or not.  Should you decide to do this, it is generally done through holes punched in the walls from the exterior of the home, and obviously is the material is blowin-in insulation of the kind you and your contractor have agreed-upon.
  • It is amazing how much energy can be saved by insulating around doors and windows (Having energy-efficient doors and windows also obviously helps too).  Usually you are using a foam insulation here that can be applied directly into any cracks & openings.
  • There is a lot of talk about the environmental pluses and minuses of insulating.  Obviously saving energy use is good for the planet, AND it can be argued that insulating too much creates an environment where a house cannot breathe, and the potential for toxic buildup inside the home of various substances can exist. Here are several links to more information on this issue so that you can decide for yourself : http://www.utilitybillbusters.com/articles/do-it-yourself-projects/hidden-dangers-of-home-repairs-over-insulating-and-weatherproofing/ ,   http://www.greenhomebuilding.com/QandA/natural/insulation.htmhttp://www.greenfootsteps.com/best-insulation-for-homes.html , http://www.ehow.com/how_5197129_install-fiber-insulation-attic-walls.html
  • Here is a link to the DOE’s fact sheet and other helpful information regarding insulation and energy-efficiency: http://www.ornl.gov/sci/roofs+walls/insulation/ins_01.html

I hope this information has proven helpful to you in your individual situation.  Obviously this is a large subject, and so maybe we’ll cover some specific issues in the future.  Feel free to comment and add your own information, and/or request information directly relating to your needs.

Market Activity for July 27th to August 2nd, 2009

Last week was really interesting as far as market activity. We had 20 new listings and 21 pending sales. I think that’s the first week that I’ve seen in months where we actually had more houses sold than houses coming onto the market. Also interesting is that key box activity was down. This means that fewer key boxes were being opened. As you are probably aware, we had a heat wave with pretty much every day over 90 and several in a row over 100. So people were not out in large numbers getting into houses, but those who did were serious buyers and making offers. We had 13 closed sales.

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

NEWLY LISTED (July 27—August 2, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price # BR # BHTS Total SF Prop Type List Date
100 KERR PKWY $91,800 1 1 671 CONDO 7/31/2009
48 EAGLE CREST DR $248,900 3 2 1,623 CONDO 7/28/2009
18231 TERRY AVE $399,900 3 2 1,764 DETACHD 7/31/2009
13045 PRINCETON CT $449,000 3 2.1 2,900 DETACHD 7/26/2009
13821 REGENCY CT $450,000 4 2.1 2,139 DETACHD 7/31/2009
18410 DEERBRUSH AVE $495,000 4 2.1 2,217 DETACHD 7/27/2009
4673 Lakeview ST $499,000 3 2.1 1,900 DETACHD 7/31/2009
4018 COHO LN $539,000 3 2 2,489 DETACHD 7/31/2009
149 DEL PRADO ST 585000 4 3.1 3,266 DETACHD 7/30/2009
18116 PIONEER CT 589900 5 3 3,500 DETACHD 8/1/2009
1970 GREENTREE RD 624900 4 3 2,428 DETACHD 7/30/2009
844 5TH ST 849900 3 3 2,590 DETACHD 7/28/2009
17606 WOODHURST PL 850000 5 3.1 4,488 DETACHD 7/27/2009
18360 DELENKA LN 898000 4 3.1 4,346 DETACHD 7/30/2009
4211 CHAD DR 949000 5 3.1 3,937 DETACHD 7/29/2009
737 COUNTRY CLUB RD 1095000 4 2.1 3,100 DETACHD 7/31/2009
1560 COUNTRY COMMONS LN 1099000 4 3.5 4,638 DETACHD 7/30/2009
17677 WESTVIEW DR 1423000 5 4.1 5,031 DETACHD 7/27/2009
16764 ALDER CIR 1679000 4 4.1 3,456 DETACHD 7/30/2009
1790 SKYLAND DR 1695000 5 4.1 6,033 DETACHD 7/29/2009

PENDING SALES (July 27-August 2, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address Close Price List Price # BR # BTHS Total SF Prop Type CDOM
15210 BOONES WAY $170,000 2 2 1,185 CONDO 50
12844 BOONES FERRY RD $229,900 2 2.1 1,136 CONDO 135
1889 BOCA RATAN DR $229,900 3 2 1,393 ATTACHD 7
16651 LAKE FOREST BLVD $257,900 3 1 1,230 DETACHD 184
68 TOUCHSTONE $299,000 5 4.1 3,148 DETACHD 104
655 HEMLOCK ST $314,900 3 1.1 1,352 DETACHD 16
800 WOODWAY CT $325,000 4 3 2,066 DETACHD 107
1307 CEDAR ST $350,000 4 3 2,054 DETACHD 253
17501 HILL WAY 369900 3 2 1,694 DETACHD 6
6109 SUMMER WOODS 390000 4 2.1 2,331 DETACHD 254
2802 GREENTREE RD 449500 3 2.1 2,280 DETACHD 3
16439 LEXINGTON CT 474900 2 2 1,563 DETACHD 49
101 3RD ST 474900 3 2 1,447 CONDO 376
686 SUNNY HILL DR 569500 4 2.1 2,300 DETACHD 67
5568 KODERRA AVE 599000 4 2.1 3,072 DETACHD 196
14135 EDENBERRY DR 775000 4 2.1 3,174 DETACHD 98
755 6TH ST 1185000 4 3.1 3,973 DETACHD 639
3270 LAKEVIEW BLVD 1275000 3 3 3,295 DETACHD 147
14062 Goodall RD 1419000 4 3.1 4,220 DETACHD 404
13770 CAMEO CT 1998000 4 5.1 6,669 DETACHD 198
890 LAKESHORE RD 2275000 3 3.1 3,200 DETACHD 0

SOLD (July 27-August 2, 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
100 SW KERR PKWY $97,900 $96,000 1 1 617 CONDO 70
86 KINGSGATE RD $139,900 $169,900 2 2 849 CONDO 419
47 EAGLE CREST DR $137,500 $135,200 2 1 932 CONDO 52
668 MCVEY AVE $383,500 $200,000 3 1.1 985 CONDO 982
5063 Foothills DR $259,000 $225,000 2 2 1,031 CONDO 213
4366 WOODSIDE CIR $349,000 $309,000 3 2.1 1,762 ATTACHD 97
17280 WESTVIEW DR $399,900 $340,000 3 2.1 2,324 DETACHD 31
4959 BILFORD LN $547,500 $499,900 3 2.1 2,456 DETACHD 45
4114 GLACIER LILY ST $559,000 515000 4 2.1 2,470 DETACHD 65
17215 LOWENBERG TER $850,000 804000 4 2.1 2,819 DETACHD 550
14067 GOODALL RD $1,249,000 950000 4 3.1 3,784 DETACHD 759
975 LAKE FRONT RD $2,100,000 1500000 3 3 3,232 DETACHD 293
1915 SW CHILDS RD $2,199,000 1500000 5 5.2 5,689 DETACHD 397

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.