Market Activity Aug 13-19, 2012

Last week Lake Oswego had 16 homes come onto the market, 14 houses go sale pending, and 17 closed sales. Trends? Of the 16 new listings, 5 were homes that were on the market a year or more ago, expired, and have now re-listed. My thought is that the home owners have seen the market pick up and are now thinking they may have better luck. They may be right. Of the pending sales, 1/3 sold is less than 30 days. Of the closed sales, 1/2 sold is less than 30 days.

See below for further details on last week’s Market Activity:

NEWLY LISTED (August 13-19, 2012)

Address Type Price BR Bths SF
4 Touchstone #120 Condo $104,900 3 2.5 1351
668 McVey Ave #16 Condo $205,000 2 1 852
18350 Tualata Ave Detached $234,900 2 1 996
5276 Oakridge Rd Detached $274,900 3 2 1600
4 Del Prado St Detached $299,900 3 2.5 1716
4104 Lakeview Blvd Detached $300,000 4 2 2024
1113 Erickson St Detached $324,900 4 2 2203
15364 Twin Fir Rd Detached $324,900 3 1 1608
14190 Taylors Crest Ln Detached $389,900 4 2.5 2577
1041 Oxford Dr Detached $444,000 4 3.5 2712
17336 Hunter Ct Detached $454,900 3 2.5 3004
2376 Fernwood Cir Detached $489,000 5 2 2600
5682 Charles Cir Detached $549,000 4 2.5 3052
1023 Country Commons Detached $619,000 4 3 3359
13624 Provincial Hill Way Detached $729,900 4 2.5 3704
17550 Lake Haven Dr Detached $949,900 4 2.5 2580

PENDING SALES (August 13-19,2012 2012)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #24 Condo $51,500 1 1 617 38
100 Kerr Pkwy #14 Condo $64,900 1 1 617 184
4000 Carman Dr #10 Condo $119,900 2 2 836 8
4968 Oakridge Rd Detached $195,000 3 1.5 1240 15
5851 Burma Rd Detached $239,888 4 2 1760 38
1674 Larch St Detached $250,000 3 2.5 1794 147
6320 Dawn Ave Detached $349,500 5 3 2400 49
12 Morningview Ln Attached $420,000 3 2.5 2683 44
3220 Edgemont Rd Detached $519,900 4 3 2159 3
2574 Glen Eagles Pl Detached $549,000 4 3 2639 69
775 F Ave Detached $595,000 4 2.5 2700 3
18283 Lothlorien Way Detached $609,900 4 3 3015 22
16736 Sylvan Ct Detached $779,000 4 3 3914 329
3105 Wembley Park Rd Detached $875,000 3 2.5 3209 285

SOLD (August 13-19,2012)

Address Type List Price Closed Price BR Baths CDOM
3976 Carman Dr Attached $169,900 $148,000 2 2.5 22
1401 Greentree Cir Detached $299,900 $260,000 3 2 221
18585 Kristi Way Detached $285,000 $290,000 3 2 1
728 Ash St Detached $280,000 $307,000 3 2.5 4
1057 C Ave Detached $299,900 $329,000 2 1 5
19 Partridge Ln Detached $349,900 $348,600 4 3 6
4946 Mulholland Dr Attached $389,900 $359,900 3 2.5 337
4824 Hastings Dr Detached $360,000 $385,000 4 2.5 7
17265 Cedar Rd Detached $417,000 $411,000 4 2.5 59
1611 Lee St Detached $429,900 $417,810 3 2.5 46
13849 Melrose Pl Detached $459,900 $453,000 3 2.5 123
3220 Duncan Dr Detached $499,900 $472,500 4 2.5 31
5666 Grand Oaks Dr Detached $525,000 $498,000 4 2.5 15
5604 Grand Oaks Dr Detached $599,999 $573,000 5 3 172
14175 Taylors Crest Ln Detached $595,000 $574,500 3 3 246
475 10th St Detached $739,000 $720,000 5 3 23
5933 Suncreek Dr Detached $849,000 $800,000 4 3.5+.5 18

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

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