Market Activity Oct 7-13, 2019

This last week Linda wrote a great editorial about why the fall is a good time to buy or sell. The market activity for last week also really supports her observation. Folks are very active in the market right now as they try to buy a house and have time to move in before the holidays. Lake Oswego had 9 new listings and 18 pending sales. That twice the number of houses that are selling as compared to what’s coming on the market. We also had 4 new listings.

Following is the breakdown for you according to RMLS:

New on the Market (Oct 7-13, 2019)

Address Type Price BR Baths Sq Ft
4 Touchstone #130 Condo $213,900 2 2 984
56 Galen St Condo $239,950 2 2 989
45 Eagle Crest Dr #310 Condo $279,950 3 2 1348
6 The Grotto Detached $425,000 3 2 1381
17518 Redfern Ave Detached $499,000 3 2 1831
4933 Mulholland Dr Attached $618,000 2 2.5 2403
2475 Marylview Ct Detached $849,000 4 2.5 3009
630 9th St Detached $900,000 4 3 2683
289 G Ave Detached $1,699,000 6 3.5 4193

Pending Sales (Oct 7-13, 2019)

Address Type Price BR Baths Sq Ft CDOM
25 Oswego Summit Condo $180,000 1 1 721 53
319 Cervantes Condo $229,900 3 2 1209 60
16065 Kimball St Detached $375,000 3 2 1511 1
16524 Roosevelt Ave Detached $399,990 3 1 1131 84
5071 West Sunset Dr Townhhouse $519,000 2 2.5 1734 148
5178 Lower Dr Detached $525,000 3 2 1800 36
13662 Blazer Trail Detached $532,000 3 2 1896 20
5944 Burma Rd Detached $549,000 3 2 1409 6
1550 Bedford Ct Detached $599,999 3 2.5 2359 404
13 Da Vinci St Detached $725,000 5 3.5 3815 16
2651 Wembley Park Rd Detached $725,000 5 3 2068 170
116 Northshore Rd Detached $729,000 4 2 2218 285
5206 Royal Oaks Dr Detached $735,000 5 3.5 2985 126
19333 Riverwood Ln Detached $869,500 4 3 3110 96
17896 Kelok Rd Detached $874,500 6 6 4093 44
15982 Parker Rd Detached $1,050,000 4 3.5 3135 88
1178 Andrews Rd Detached $1,498,000 4 2.5 3771 8
1010 Northshore Rd Detached $3,198,000 3 3.5 4581 379

Sold/Closed (Oct 7-13, 2019)

Address Type List Price Sold Price Sq Ft CDOM
668 McVey Ave #10 Condo $329,950 $300,000 992 174
4722 Amherst Ct Attached $549,000 $515,000 2,976 138
5 Scarborough Dr Detached $849,000 $792,500 3221 26
18970 Bryant Rd Detached $960,000 $960,000 3172 2

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.