Market Activity Aug 17-23, 2015

I have actually noticed a little chill in the air in the last couple of nights. We are still having gorgeous weather, but I am looking forward to the slight amount of rain forecast for the weekend. My yard will enjoy it and it will be a blessing for those fighting the forest fires in Eastern Oregon and Washington.

I would describe the current real estate market as healthy but not over heated. Last week Lake Oswego had 19 new listings, 15 pending sales, and 24 closed sales.

Following is the breakdown for you according to RMLS for last week:

New on the Market (Aug 17-23, 2015)

Address Type Price Bedrooms Baths Sq Ft
668 McVey Ave #41 Condo $149,900 1 1 485
3433 McNary Pdwy #401 Condo $179,900 2 2.5 1208
16250 Pacific Hwy #42 Condo $234,900 2 2 1350
4097 Jefferson Pkwy Condo $259,000 2 2.5 1359
200 Burnham Rd #210 Condo $375,000 3 2 1966
19113 Terry Ave Detached $415,000 3 2 1454
937 Oak St Detached $445,000 3 3 3156
6 Independence Detached $644,000 3 2 2900
5533 Kenny St Detached $607,000 4 3 2900
4810 Lakeview Blvd Detached $839,000 4 4.5 3511
18970 Bryant Rd Detached $849,900 4 3 3154
18711 Westview Dr Detached $949,900 4 3.5 3591
822 6th St Detached $1,099,900 4 3 2748
806 6th St Detached $1,109,900 4 2.5 2730
5220 Firwood Rd Detached $1,125,000 3 2.5 2507
19354 Lorna Ln Detached $1,199,000 4 3.5 4169
13180 Thoma Rd Detached $1,250,000 5 4.5 5043
1300 Forest Meadows Way Detached $1,495,000 5 3.5 4082
1355 Country Commons Detached $1,995,000 4 3.5 4238

PENDING SALES (Aug 10-16, 2015)

Address Type Price Bedrooms Baths Sq Ft DOM
4 Touchstone #153 Condo $145,000 2 2 1031 21
53 Galen Rd Condo $159,900 2 2 993 5
668 McVey Ave #44 Condo $175,000 1 1 636 54
5225 Jean Rd #201 Condo $224,900 3 2 1500 3
48 Eagle Crest Dr 3B Condo $246,900 2 2 1489 9
147 Kingsgate Rd Detached $349,900 2 2 1120 20
4141 Childs Rd Detached $360,000 3 2 1339 11
17347 Ashley Ct Attached $459,900 4 2.5 2117 13
6155 Frost Ln Detached $478,888 4 2.5 2364 118
5724 La Mesa Ct Detached $784,900 5 2.5 3669 21
18383 Old River Dr Detached $879,000 4 4.5 4548 60
17980 Kelok Rd Detached $899,900 4 2.5 2969 26
17320 Lake Haven Dr Detached $1,100,000 4 3 2703 212
18225 River Edge Ct Detached $1,390,000 5 4.5+.5+.5 6620 452
2793 Poplar Way Detached $1,699,000 5 5.5 6536 16

SOLD  (Aug 10-16, 2015)

Address Type List Price Sold Price Sq Ft CDOM
41 Oswego Summit Condo $95,000 $95,000 764 865
100 Kerr Pkwy #35 Condo $109,900 $99,000 671 41
47 Eagle Crest Dr #27 Condo $129,000 $126,000 947 36
100 Kerr Pkwy #27 Condo $139,000 $137,000 820 8
4 Touchstone #146 Condo $137,500 $141,000 979 48
4000 Carman Dr #25 Condo $143,500 $152,000 836 4
5225 Jean Rd #203 Condo $219,950 $219,950 1400 16
16538 Carnegie Ave Detached $220,000 $240,000 1182 479
5132 Timbergrove Detached $380,000 $320,000 1430 11
17225 Greentree Ave Detached $385,000 $385,000 2704 2
1528 Cedar St Detached $445,622 $440,000 2760 5
15601 Tanager Detached $435,000 $445,000 2046 13
17359 Ashley Ct Detached $475,000 $468,900 2370 32
148 5th St Detached $495,000 $480,000 1314 0
1097 Clara Ct Detached $599,900 $587,500 2,935 24
2878 Rivendell Rd Detached $637,500 $637,500 3202 1
13254 Twin Creek Ct Detached $749,900 $749,900 3470 21
18137 Delenka Ln Detached $789,000 $792,000 3555 0
150 5th St Detached $849,000 $814,000 2970 212
3072 Lakeview Blvd Detached $1,150,000 $985,000 4030 40
462 9th St Detached $1,339,000 $1,240,000 4357 26
18418 Old River Landing Detached $1,895,000 $1,505,250 6404 190
1836 Highlands Loop Detached $1,800,000 $1,805,000 5400 0

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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