Market Activity ~ Nov 2-8, 2015

Last week, Nov 2-8, Lake Oswego we saw 5 New properties enter the market, 18 move to Pending status, and 5 “Closed”/Sold.  This is still a Sellers’ Market, and/but, Buyers have a bit of an advantage right now (better than any other time of year in a Sellers’ Market) as Sellers want to be “done” & focusing on holidays, finalizing by the end of the year, and other fun things.  On another note: Interest rates are rumored to be potentially rising in December……  Sounds like a Good time to buy if you’ve been on the fence. Something to think about ; )

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

NEW on Mkt (Nov 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type
3886 BOTTICELLI ST $220,000 2 1.1 1132 CONDO
1720 YARMOUTH CIR $445,000 3 2.1 2020 DETACHD
13485 STREAMSIDE DR $749,900 3 3 3023 DETACHD
531 7TH ST $1,125,000 3 2.1 2818 DETACHD
1144 BAYBERRY RD $1,299,900 6 3 3523 DETACHD

PENDING SALES (Nov 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD D105 $159,900 2 2 924 CONDO 58
4000 CARMAN DR #74 $164,900 2 2 836 CONDO 10
200 BURNHAM RD #406 $229,000 2 1 1199 CONDO 153
6155 MCEWAN RD $320,000 2 2 1294 DETACHD 108
42 ORIOLE LN $350,000 3 2 1290 DETACHD 8
4230 SUNSET DR $379,900 3 3 1563 DETACHD 1
5934 KENNY ST $389,900 4 2 1596 DETACHD 62
17347 ASHLEY CT $454,900 4 2.1 2117 ATTACHD 90
6192 HARRINGTON AVE $474,900 5 3 2817 DETACHD 40
2222 CREST DR $545,000 4 3.1 2820 DETACHD 133
619 CLARA CT $549,000 4 2.1 2958 DETACHD 4
4595 HASTINGS PL $589,000 4 2.1 2176 DETACHD 1
17927 RIDGE LAKE DR $629,900 4 2.1 2544 DETACHD 55
1293 TIMBERLINE DR $649,000 3 3 2957 DETACHD 85
15821 SPRINGBROOK CT $699,900 2 2 2208 DETACHD 10
2337 HILLSIDE LN $899,000 4 3.1 4932 DETACHD 36
17346 CANAL CIR $995,000 4 3 3406 DETACHD 37
2912 WEMBLEY PARK RD 1100000 – 1300000 4 4.1 4500 DETACHD 129

SOLD  (Nov 2-8, 2015)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
5064 FOOTHILLS DR #F $269,000 $264,000 2 2 1252 CONDO 84
16200 PACIFIC HWY #22 $299,000 $299,000 2 2 1190 CONDO 7
49 BRIARWOOD RD $650,000 $610,000 3 2 2162 DETACHD 5
18360 DELENKA LN $859,900 $799,000 5 3.1 4828 DETACHD 154
4112 ORCHARD WAY $950,000 $917,500 5 4 4190 DETACHD 16

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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