Market Activity January 16-22, 2023

It feels to me like the market is really picking up. Multiple offers are happening again on well-priced houses. The inventory remains low, but it will pick up steam as we head towards spring.

Last week in LO there were 10 new listings, 7 of which sold fast and are represented here as pending sales. There were 13 houses that went pending, and 1 closed sale.

See below for RMLS data.

New on the Market January 16-22, 2023

AddressTypePriceBedroomsBathsSq. Feet
44 Eagle Crest #23Condo$229,90011798
47 Eagle Crest #18Condo$249,99921932
16250 Pacific Hwy #75Condo$419,000321593
16880 Tracy AveDetached$539,900311080
16019 Terry AveDetached$674,900321344
573 2nd StCondo$1,200,00022.51659
2126 Wembley PlDetached$1,795,00043.53603

Pending Sales January 16-22, 2023

AddressTypePriceBedroomsBathsSq. FeetDOM
86 Kingsgate Rd #63Condo$265,00022849156
3808 Botticelli StCondo$349,5003212243
12826 Boones Ferry RdCondo$463,70022.5118273
258 CervantesAttached$559,90032.523123
18350 Pilkington RdDetached$565,0003212902
1141 Devon LnDetached$750,00022.5193217
791 4th StDetached$879,000321568240
1466 Nelson CtDetached$1,149,00043/53169137
913 Sunny Hill DrDetached$1,250,00063.541967
853 E AveDetached$1,999,00033.52839109
4938 Park Bluff PlDetached$2,495,00044.54046167
17688 Upper Cherry LnDetached$2,685,00043.5504067
3917 Southshore BlvdDetached$5,200,00034.5+.550830

Closed/Sold January 16-22, 2023

AddressTypeList PriceSold PriceSq. FeetCDOM
1612 Lake Front RdDetached$950,000$945,000183151

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.