Market Activity for April 4-10, 2011

Last week Lake Oswego had 23 new listings come onto the market, 14 properties enter into pending status, and 10 closed sales. When Linda and I do these reports, we check the property history to make sure the listing is in fact new (hasn’t been on the market in the last 30 days). What I found interesting this week is that of the 23 new listings, easily a third were in the market last fall, pulled off for the winter, and are now being relisted to participate in the spring market.

See below for further details according to RMLS:

NEWLY LISTED (April 4-10, 2011)

Address Type Price Sq FT BR Baths
4640 Lower Dr Condo $139,900 1170 2 1.5
750 1st St #32 Condo $152,000 985 1 1
1115 Laurel St Detached $299,900 1928 4 2
6317 Alyssa Terrace Attached $299,900 1560 3 2.5
3305 Upper Dr Detached $324,900 1484 3 2
12 Hotspur St Detached $325,000 1876 3 2
2745 Greentree Rd Detached $325,000 1219 2 2
335 Lake Bay Ct Detached $337,000 968 3 1
16266 Inverurie Rd Detached $339,900 2503 3 2
4908 Mulholland Dr Attached $399,900 2498 3 2.5
3601 Wren St Detached $425,000 2220 3 2.5
5008 Hampton Ct Detached $448,000 2446 3 2.5
8 Morningview Circle Detached $474,500 2206 3 2.5
962 Country Commons Ln Detached $499,000 1832 3 2
3815 Southshore Blvd Detached $548,000 2638 4 2
2063 Ridgewood Rd Detached $564,500 2532 4 2.5
13161 Twin Creek Ct Detached $574,900 3083 4 2.5
3240 Westview Ct Detached $575,000 3092 4 3.5
8 Del Prado St Detached $585,000 3637 5 3
5115 Denton Dr Detached $719,000 3069 3 2.5
629 Iron Mountain Blvd. Detached $745,000 1988 3 2
4169 Casey Ct Detached $749,000 3770 4 3.5
1956 Cheryl Ct Detached $1,295,000 5173 4 4.5+.5

PENDING SALES (April 4-10, 2011)

Address Type Price Sq Ft BR Baths CDOM
16250 Pacific Hwy #81 Condo $84,000 841 1 1 111
53 Oriole Ln Detached $250,000 2072 3 2.5 179
18462 Don Lee Way Detached $299,500 1904 4 2 17
3165 Douglas Circle Detached $325,000 1764 2 1 3
14251 Camden Ln Detached $349,000 2179 3 2.5 276
1851 Kilkenny Dr Detached $349,900 2654 4 3 182
12562 Orchard Hill Rd Detached $354,900 2574 4 2.5 133
775 Boca Ratan Dr Detached $414,900 2727 4 3.5 162
785 5th St Detached $445,000 2112 3 2 55
3718 Rivers Edge Dr Detached $529,900 2536 3 2.5 40
3435 Lake Grove Ave Detached $549,000 2751 4 3 3
13090 Knaus Rd Detached $749,900 3504 4 3.5 52
1600 Country Commons Detached $1,195,000 5389 4 3.5 266
882 North Shore Rd Detached $1,850,000 3842 4 4.5 6

SOLD (April 4-10, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
79 Galen St $69,900 $70,000 Condo 995 208
48 Eagle Crest Dr 4E $208,000 $125,000 Condo 1489 723
19211 Marlin Ct $258,500 $258,500 Detached 2091 9
18 Summit Ridge Ct $299,000 $260,000 Attached 1548 321
14418 Orchard Springs $358,900 $345,000 Detached 1710 13
29 Walking Woods Dr $410,000 $404,000 Detached 2311 8
2705 Orchard Hill Ln $499,350 $405,000 Detached 2841 408
13991 Chelsea Dr $544,500 $529,999 Detached 3354 294
553 2nd St #208 $774,960 $620,000 Condo 1816 786
4700 SW Dogwood Dr $1,499,900 $1,225,000 Detached 5401 322

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