Market Activity Dec 2-8, 2019

Last week in Lake Oswego we had 6 properties come onto the market, 7 move to pending status, and 14 closed sales. What I found interesting was that for 7 pending sales, 4 sold really fast, in just a few days, while the other 3 were all properties that had been on the market for an extended period of time. Just an anomaly that I found interesting.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 2-8, 2019)

Address Type Price BR Baths Sq Ft
1122 Erickson St Detached $495,000 3 2 1511
3241 Phyllis Ct Detached $525,000 4 3 2674
1442 Orchard Springs Rd Detached $539,000 3 2.5 1400
17199 Warren Ct Detached $569,900 3 2 1750
78 Greenridge Ct Attached $595,000 3 3 2000
19097 Bryant Rd Detached $1,499,900 4 4 3556

Pending Sales (Dec 2-8, 2019)

Address Type Price BR Baths Sq Ft CDOM
42 Oswego Summit Condo $142,500 1 1 764 3
5989 Langford Ln Detached $569,000 3 3 1794 4
11 Falstaff St Detached $605,000 4 2.5 2555 4
308 4th St Attached $625,000 2 2.5 1731 9
440 9th St Detached $648,000 3 2 2475 136
19253 Childs Ct Detached $929,900 3 3 2675 178
4840 Lamont Way Detached $1,324,000 5 3.5 3277 141

Sold/Closed (Dec 2-8, 2019)

Address Type List Price Sold Price Sq Ft CDOM
18 Britten Ct Attached $425,000 $413,000 1972 19
24 Del Prado St Detached $450,000 $450,000 3,034 0
15371 Twin Fir Rd Detached $485,000 $475,250 2876 3
14498 Camden Ln Detached $599,000 $525,000 1918 91
15008 Twin Fir Rd Detached $789,000 $650,000 3532 125
2651 Wembley Park Rd Detached $875,000 $715,000 2068 170
573 2nd St Condo $869,000 $769,500 1748 148
19319 Dogwood Ct Detached $825,000 $775,000 3119 90
4105 Pfeifer Ct Detached $989,000 $882,000 4176 425
15136 Glen Eagles Ct Detached $1,100,000 $1,094,010 3150 3
4320 Haven St Detached $1,200,000 $1,200,000 4526 165
489 8th St Detached $1,648,000 $1,490,687 3700 119
18785 Westview Dr Detached $2,995,000 $2,300,000 5580 654
705 Terrace Dr Detached $2,695,000 $2,445,000 3623 114

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.