Market Activity Dec 25, 2017-Jan 7, 2018

Being the first posting of the new year, I am happy to say that things are starting off with a bang. The last 2 weeks have brought 21 new listings onto the market, 19 houses have gone into pending status, and 21 properties that are closed/sold. Most exciting is that 1900 Twin Points has gone pending. This is one of Lake Oswego’s most prestigious homes. It on the lake with it’s own small bay and is known for its Asian inspired blue tile roof. Priced at $6,999,000, it’s been on the market for 535 days. Now the curiosity will be watching to see what the final sales price is.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 25, 2017-Jan 7, 2018)

Address Type Price BR Baths Sq Ft
86 Kingsgate Rd #C202 Condo $175,000 2 2 924
668 McVey Ave #46 Condo $274,900 2 1 863
4462 Thunder Vista Ln Condo $314,000 2 2.5 2040
4340 Beasley Way Detached $409,900 3 1 1384
156 Kingsgate Rd Detached $434,900 2 2 2020
8 Sherwood Ct Detached $629,200 3 3.5 3212
33 Hillshire Dr Detached $699,950 4 2.5 2757
17423 Oak Meadow Ln Detached $749,000 3 2.5 3125
3413 Royce Way Detached $769,000 3 2.5 2753
3106 Rosemary Ln Detached $775,000 3 2.5 2717
5693 Victoria Ct Detached $790,000 4 2.5 3540
160 Iron Mountain Blvd Detached $825,000 4 3 3090
15620 Village Dr Detached $995,000 4 2.5 3324
3144 Glenmorrie Dr Detached $998,900 3 2.5 2582
3100 Westview Ct Detached $1,100,000 4 3.5 3725
4743 Upper Dr Detached $1,175,000 4 2.5 3079
4731 Upper Dr Detached $1,195,000 4 2.5 3208
4749 Upper Dr Detached $1,235,000 4 2.5 3285
4660 Wildwood St Detached $1,349,900 4 4 3709
13615 Westlake Dr Detached $1,350,000 4 4.5 4050
893 Cedar St Detached $1,375,000 4 3.5 3740

Pending Sales (Dec 25, 2017-Jan 7, 2018)

Address Type Price BR Baths Sq Ft CDOM
48 Cervantes Cir 3-C Attached $235,000 2 1.5 1368 4
200 Burnham Rd #304 Condo $239,000 2 2 1305 144
668 McVey Ave #84 Condo $239,900 2 1.5 976 117
1470 Boca Ratan Dr Townhse $360,000 3 2 1867 0
4236 Woodside Circle Attached $395,000 3 2 1524 16
918 Lake Front Rd Detached $455,000 2 1 921 3
4978 Galen St Attached $459,000 2 2.5 1552 78
520 2nd St Condo $499,000 2 1.5+.5 1520 24
17380 Marjorie Ave Detached $509,000 4 2 1816 5
5524 Langford Ln Detached $550,000 2 2 2038 96
21 Masaryk St Detached $585,000 4 2.5 2773 59
3220 Duncan Dr Detached $639,000 4 2.5 3042 188
643 Ash St Detached $674,900 4 2.5 2200 3
13265 Fox Run Detached $689,900 4 2.5 2614 34
5925 Sunbrook Dr Detached $699,000 3 2.5 3160 10
17429 Schalit Way Detached $699,900 4 3.5 2823 150
17184 Carlson Ct Detached $720,000 4 3.5 3318 36
830 Cabana Ln Detached $1,249,000 4 3.5 3029 202
1900 Twin Points Rd Detached $6,999,000 5 3.5+.5 6776 535

Sold/Closed (Dec 25, 2017-Jan 7, 2018)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Pkwy #59 Condo $194,900 $189,900 823 24
4085 Jefferson Pkwy Condo $309,900 $303,400 1,302 60
1784 Bonniebrae Attached $339,000 $325,000 1,393 19
16724 Roosevelt Ave Detached $399,900 $401,200 1270 112
668 McVey Ave #61 Condo $475,000 $465,000 992 342
17736 Cardinal Ct Detached $535,000 $535,000 2280 29
14307 Camden Ln Detached $599,900 $545,000 1932 116
804 4th St Detached $575,000 $553,000 1396 6
3854 Tempest Dr Detached $575,000 $568,900 1953 43
1625 Fernwood Dr Detached $629,000 $592,500 2182 82
19180 Indian Creek Ave Detached $599,900 $599,900 2392 7
14377 Camden Ln Detached $679,900 $620,000 2530 141
999 Oxford Dr Detached $679,000 $630,000 3118 93
17040 Summer Pl Detached $639,000 $639,000 3186 71
4725 Firwood Rd Detached $675,000 $695,000 2557 3
555 Atwater Rd Detached $925,000 $775,000 4016 127
812 Country Commons Detached $950,000 $860,000 3740 140
910 A Ave Detached $999,000 $920,000 3324 21
14405 Pfeifer Dr Detached $969,900 $921,500 3853 134
5303 Amberwood Ct Detached $999,999 $985,000 3634 15
17656 Kelok Rd Detached $1,238,000 $1,163,000 3290 275

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.