A Guide to Lake Oswego Real Estate and Community
Dianne and Linda

Brought to you by Dianne Gregoire and Linda Rossi, brokers with Oregon First, a professional real estate company licensed with the Oregon Real Estate Agency.

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Market Activity Dec 22-28, 2014

You’d think the real estate market would have been slow and quiet last week due to the holidays, but nope, it was rather busy. Just 4 houses came onto the market, but 16 went pending (yep, people out looking at houses and not rushing home to carve the turkey), and 10 houses became closed sales.

I don’t recall a Christmas with this many pending sales. I too had an active buyer last week. With inventory a bit down right now, there are just not a lot of houses to choose from. We encountered 3 different houses they were interested in last week and all 3 had multiple offers. We were able to put a deal together on the one that was their top choice, but it really surprised me that the week of Christmas was that competitive. It makes me feel that perhaps our spring market will start early.

New Listings December 22-28, 2014

4765 Firwood Rd, Detached, 3 BR, 2 Baths, 1728SF, $325,000

14 Hotspur, Detached, 4 BR, 2.5 Baths, 2726SF, $599,900

17838 Marylcreek Dr, Detached, 4 BR, 3.5 Baths, 4317SF, $750,000

159 5th ST, Detached, 4 BR, 3 Baths, 2970SF, $895,000

Pending Sales December 22-28, 2014

43 Crestfield Ct, Condo, 2 BR, 1 Bath, 923SF, $101,000, 64 DOM

3930 Lake Grove Ave, Detached, 2 BR, 1 Bath, 952SF, $139,900, 36 DOM

40 Oswego Summit, Condo, 2 BR, 2 Baths, 1140SF, $151,900, 224 DOM

76 Galen Rd, Condo, 2 BR, 2 Baths, 989SF, $166,900, 46 DOM

9765 Firwood Rd, Detached, 3 BR, 2 Baths, 1728SF, $325,000, 3 DOM

5275 Oakridge Rd, Detached, 3 BR, 1 Bath, 1267SF, $349,900, 22 DOM

1075 Oak Terrace, Detached, 3 BR, 2 Baths, 1356SF, $349,900, 29 DOM

4631 Wildwood St, Detached, 3 BR, 2 Baths, 1650SF, $374,900, 120 DOM

5907 Fernbrook Circle, Detached, 5 BR, 2 Baths, 1892SF, $399,900, 175 DOM

4940 Centerwood St, Detached, 4 BR, 2.5 Baths, 2093SF, $425,000, 3 DOM

533 2nd St, Condo, 2 BR, 2 Baths, 1274SF, $465,000, 46 DOM

2751 Summit Dr, Detached, 3 BR, 2 Baths, 2418SF, $658,950, 145 DOM

27 Berwick Rd, Detached, 5 BR, 3 Baths, 2968SF, $715,000, 2 DOM

18177 Delenka Ln, Detached, 5 BR, 2.5+.5 Baths, 3802SF, $830,000, 131 DOM

1267 Cherry Ln, Detached, 4 BR, 2 Baths, 3311SF, $849,000, 259 DOM

179 Furnace St, Condo, 3 BR, 3.5 Baths, 4784SF, $1,698,000, 47 DOM

Closed Sales December 22-28, 2014

4610 Lower Dr, Condo, List $114,900, Closed $114,900, 1260SF, 46 DOM

129 Kingsgate Rd, Detached, List $300,000, Closed $300,000, 1604SF, 381 DOM

1437 Oak St, Detached, List $349,000, Closed $358,000, 1070SF, 4 DOM

1405 Cedar St, Detached, List $375,000, Closed $395,000, 2570SF, 3 DOM

1318 Laurel St, Detached, List $439,900, Closed $440,000, 1649SF, 2 DOM

1045 Bullock St, Detached, List $568,000, Closed $559,000, 2105SF, 11 DOM

5726 Charles Circle, Detached, List $718,000, Closed $692,500, 3173SF, 104 DOM

1525 Maple St, Detached, List $899,000, Closed $780,000, 2815SF, 153 DOM

3600 Southshore Blvd, Detached, List $849,900, Closed $785,000, 2117SF, 83 DOM

3140 Childs Rd, Detached, List $1,950,000, Closed $1,695,000, 298 DOM

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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