Dianne, Whitney and I wish you the very best of everything in the New year!
We sincerely hope that we can be of service to you personally if ever you should need it.
Market Activity ~ Dec 14-27, 2015
As the year draws to a close and the holidays are in full swing, we here at the Property Blotter have had our hands full serving our clients AND spending time with our families : ) We hope this has been a similarly busy and Joyous time for our loyal readers!
This Market Activity Report reflects the last two weeks of activity here in Lake Oswego.
Dec 14-27 in Lake Oswego we saw 10 New properties enter the market, 22 move to Pending status, and 34 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Dec 14-27, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 15938 QUARRY RD #3A | $169,900 | 2 | 1 | 988 | CONDO |
| 668 MCVEY AVE #42 | $260,000 | 2 | 1 | 836 | CONDO |
| 1775 KILKENNY RD | $484,900 | 4 | 2 | 2560 | DETACHD |
| 1430 LARCH ST | $529,000 | 3 | 3 | 2279 | DETACHD |
| 2 CREEKSIDE TER | $549,900 | 5 | 2.1 | 2906 | DETACHD |
| 5646 GRAND OAKS DR | $729,000 | 3 | 2.1 | 3388 | DETACHD |
| 1317 LAUREL ST | $735,000 | 3 | 2.1 | 2259 | DETACHD |
| 5330 LOWER DR | $749,000 | 3 | 2.1 | 2526 | DETACHD |
| 4287 HAVEN ST | $1,249,950 | 4 | 3.1 | 4007 | DETACHD |
| 3133 DOUGLAS CIR | $1,350,000 | 4 | 3.1 | 3981 | DETACHD |
PENDING SALES (Dec 14-27, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 16250 PACIFIC HWY #54 | $124,900 | 1 | 1 | 841 | CONDO | 97 |
| 4634 LOWER DR Grnd | $139,900 | 2 | 1.1 | 1260 | CONDO | 4 |
| 44 EAGLE CREST DR #6 | $139,900 | 1 | 1 | 798 | CONDO | 6 |
| Upper | $146,000 | 1 | 1 | 829 | CONDO | 232 |
| 48 EAGLE CREST DR #2C | $149,900 | 3 | 2 | 1623 | CONDO | 410 |
| 4 TOUCHSTONE #150 | $149,900 | 2 | 2 | 984 | CONDO | 9 |
| 19251 Indian Creek AVE | $350,000 | 4 | 2 | 1550 | DETACHD | 40 |
| 17273 BRYANT RD | $395,900 | 3 | 1.1 | 1452 | DETACHD | 251 |
| 17422 BLUE HERON RD | $399,900 | 3 | 2 | 1954 | DETACHD | 94 |
| 6210 CHILDS RD | $400,000 | 3 | 1.1 | 1296 | DETACHD | 125 |
| 5849 FERNBROOK CIR | $419,500 | 3 | 1.1 | 1239 | DETACHD | 3 |
| 4660 UPPER DR | $509,000 | 4 | 3 | 3100 | DETACHD | 155 |
| 5554 ROYAL OAKS DR | $525,000 | 3 | 2 | 1861 | DETACHD | 255 |
| 5192 COVENTRY CT | $550,000 | 4 | 2.1 | 2259 | DETACHD | 3 |
| 6150 KENNY ST | $559,000 | 3 | 2.1 | 2070 | DETACHD | 150 |
| 547 2ND ST Upper | $625,000 | 2 | 2 | 1529 | CONDO | 38 |
| 19468 35TH CT | $788,500 | 3 | 2 | 2641 | DETACHD | 3 |
| 408 NORTHSHORE RD | $929,900 | 4 | 4 | 3753 | DETACHD | 0 |
| 806 6TH ST | $1,099,900 | 4 | 2.1 | 2730 | DETACHD | 123 |
| 3137 DOUGLAS CIR | $1,450,000 | 4 | 3.1 | 4246 | DETACHD | 0 |
| 15845 OSWEGO SHORE CT | $1,875,000 | 4 | 4.2 | 5500 | DETACHD | 583 |
| 1193 FAIRWAY RD | $3,095,000 | 5 | 4.2 | 7028 | DETACHD | 153 |
SOLD (Dec 14-27, 2015)
| Address | Opening Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 61 GALEN RD Grnd | $110,000 | $110,000 | 1 | 1 | 550 | CONDO | 3 |
| 66 OSWEGO SMT #66 | $124,900 | $115,500 | 1 | 1 | 764 | CONDO | 12 |
| 192 OSWEGO SMT #192 | $144,750 | $148,600 | 2 | 2 | 1383 | CONDO | 304 |
| 4 TOUCHSTONE #130 | $159,900 | $175,000 | 2 | 2 | 984 | CONDO | 2 |
| 75 GALEN RD Grnd | $171,900 | $178,500 | 2 | 2 | 993 | CONDO | 3 |
| 200 BURNHAM RD #406 | $265,000 | $220,000 | 2 | 1 | 1199 | CONDO | 153 |
| 27 AQUINAS ST | $380,000 | $342,000 | 3 | 2.1 | 1568 | DETACHD | 142 |
| 80 KINGSGATE RD | $349,900 | $360,000 | 3 | 2 | 1186 | DETACHD | 3 |
| 5934 KENNY ST | $389,900 | $391,000 | 4 | 2 | 1596 | DETACHD | 62 |
| 2301 WEMBLEY PARK RD | $460,000 | $400,000 | 3 | 2.1 | 1864 | DETACHD | 17 |
| 55 NorthShore RD #4 | $415,000 | $410,000 | 2 | 2 | 1554 | CONDO | 36 |
| 19229 LONGFELLOW AVE | $419,900 | $423,000 | 2 | 2 | 1740 | DETACHD | 4 |
| 3674 CARMAN DR | $449,000 | $430,000 | 3 | 2.1 | 1965 | ATTACHD | 38 |
| 2222 CREST DR | $639,000 | $497,250 | 4 | 3.1 | 2820 | DETACHD | 133 |
| 17520 REDFERN AVE | $549,900 | $499,999 | 3 | 2 | 1776 | DETACHD | 48 |
| 4095 COLTSFOOT LN | $500,000 | $500,000 | 3 | 2 | 1958 | DETACHD | 0 |
| 316 MIDDLECREST RD | $664,000 | $546,000 | 3 | 2.1 | 3202 | DETACHD | 75 |
| 4724 AVERY LN | $599,900 | $595,000 | 4 | 2.1 | 2731 | DETACHD | 23 |
| 207 EVERGREEN RD | $579,000 | $600,000 | 3 | 3.1 | 1789 | ATTACHD | 37 |
| 1293 TIMBERLINE DR | $699,000 | $612,000 | 3 | 3 | 2957 | DETACHD | 85 |
| 1053 YATES ST | $664,900 | $660,000 | 3 | 2.1 | 2598 | DETACHD | 24 |
| 15821 SPRINGBROOK CT | $699,900 | $668,779 | 2 | 2 | 2208 | DETACHD | 10 |
| 13485 STREAMSIDE DR | $749,900 | $720,000 | 3 | 3 | 3023 | DETACHD | 18 |
| 17454 CANAL CIR | $805,000 | $755,000 | 3 | 2.1 | 2475 | DETACHD | 47 |
| 1255 BICKNER ST | $875,000 | $850,000 | 4 | 2.1 | 2764 | DETACHD | 53 |
| 1651 VILLAGE PARK LN | $899,000 | $862,000 | 4 | 3.1 | 4273 | DETACHD | 230 |
| 17346 CANAL CIR | $995,000 | $887,500 | 4 | 3 | 3406 | DETACHD | 37 |
| 1211 Bayberry RD | $1,125,000 | $977,750 | 6 | 5 | 4277 | DETACHD | 79 |
| 769 2ND ST | $1,125,000 | $1,050,000 | 5 | 2.1 | 3308 | DETACHD | 900 |
| 725 5th ST | $1,124,900 | $1,075,000 | 3 | 3 | 2748 | DETACHD | |
| 2091 SUMMIT DR | $1,150,000 | $1,100,000 | 3 | 2.1 | 2660 | DETACHD | 40 |
| 13180 SW Thoma RD | $1,250,000 | $1,184,690 | 5 | 4.1 | 5043 | DETACHD | 96 |
| 3796 LAKEVIEW BLVD | $1,995,000 | $1,840,000 | 3 | 2.2 | 4150 | DETACHD | 448 |
| 17700 UPPER CHERRY LN | $2,500,000 | $2,350,000 | 5 | 5.1 | 6850 | DETACHD | 8 |
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.
Market Activity ~ Nov 23-29, 2015
Last week, Nov 2-8, Lake Oswego we saw 4 New properties enter the market, 4 move to Pending status, and 11 “Closed”/Sold.
Following is the breakdown for you according to RMLS for last week:
NEW on Mkt (Nov 23-29, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 4333 WOODSIDE CIR | $124,900 | 1 | 1 | 764 | CONDO |
| 66 OSWEGO SMT #66 | $359,000 | 3 | 2 | 1532 | ATTACHD |
| 670 IRON MOUNTAIN BLVD | $674,900 | 5 | 3 | 3275 | DETACHD |
| 19285 MEGLY CT | $1,649,000 | 4 | 3.2 | 5421 | DETACHD |
PENDING SALES (Nov 23-29, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 9 ORIOLE LN | $439,000 | 3 | 3 | 1928 | DETACHD | 10 |
| 19626 PERCH CT | $465,900 | 3 | 2.1 | 1770 | DETACHD | 8 |
| 706 5TH ST | $1,099,900 | 4 | 2.1 | 2730 | DETACHD | 173 |
| 13624 GOODALL RD | $1,449,000 | 4 | 4.2 | 4411 | DETACHD | 262 |
SOLD (Nov 23-29, 2015)
| Address | Open Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4434 THUNDER VISTA LN | $254,900 | $252,000 | 2 | 2.1 | 1970 | ATTACHD | 36 |
| 16 WHEATHERSTONE | $325,000 | $332,000 | 3 | 2.1 | 1692 | CONDO | 3 |
| 1228 CEDAR ST | $349,500 | $335,000 | 3 | 2 | 1302 | DETACHD | 43 |
| 116 GREENRIDGE CT | $344,900 | $344,900 | 4 | 2.1 | 2832 | CONDO | 0 |
| 18561 SW KRISTI WAY | $349,000 | $355,000 | 3 | 2.1 | 1440 | DETACHD | 30 |
| 5253 TIMBERGROVE ST | $357,500 | $372,000 | 3 | 2 | 1410 | DETACHD | 8 |
| 5875 BONITA RD | $519,000 | $515,000 | 5 | 3.1 | 2650 | DETACHD | 27 |
| 10 DEL PRADO ST | $519,900 | $517,000 | 5 | 3 | 3104 | DETACHD | 7 |
| 12777 SIERRA VISTA DR | $694,000 | $671,000 | 4 | 2.1 | 3144 | DETACHD | 135 |
| 1032 WESTWARD HO RD | $969,000 | $1,100,000 | 4 | 3.1 | 3824 | DETACHD | 797 |
| 13710 KNAUS RD | $1,950,000 | $1,750,000 | 4 | 4.2 | 5780 | DETACHD | 538 |
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.
News & Notes ~ October 2015 Numbers
Here are the October numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together).
According to the RMLS Market Action Report for the Portland Metro Area, October, 2015:
- There were 3,063 New Listings in October which was down 10.5% from September (3,424), but up 6.3% from October of 2014.
- At 2,717, October Closed Sales fell 9.7% from September’s 3,010, and were up 9.2% from October of 2014’s 2,487.
- October Pending Sales (accepted offers), at 2,996 were up slightky at 0.8% from September’s 2,971, and fared 20.8% better than October of 2014’s 2,480 total.
- The Average Sale Price in October of $360,000 was up significantly at $11,000 over September’s $349,000, and also up almost $25,000 over October of 2014’s $335,600.
The combined areas of Lake Oswego and West Linn for the month of October 2015 reported:
- 390 Active Listings (Sept was 454)
- 143 New Listings (Sept was 228 )
- 142 Pending Sales (Sept was 181)
- 139 Closed Sales (Sept was 181 )
- Average Sale Price for October of $614,600 (Sept/$574,800. )
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
- Average Time on the Market: 73 Days (Sept was 59)
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.
Market Activity ~ Oct 12-18, 2015
October 12-18, Lake Oswego we saw 8 New properties enter the market, 18 move to Pending status, and 17 “Closed”/Sold. Its interesting to note that of the 16 that come up as “New”, 8 of those were not truly new, but rather “refreshed” and therefore not included below.
Following is the breakdown for you according to RMLS for last week:
NEW on Mkt (Oct 12-18, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 13680 SHIREVA DR | $459,000 | 3 | 2 | 1504 | DETACHD |
| 14356 HOLLY SPRINGS RD | $510,000 | 4 | 2.1 | 1939 | DETACHD |
| 17200 CANAL CIR | $668,000 | 3 | 1.1 | 1774 | DETACHD |
| 5322 CARMAN GROVE LN | $715,000 | 3 | 2.1 | 2486 | DETACHD |
| 5349 CARMAN GROVE LN | $745,000 | 3 | 2.1 | 2633 | DETACHD |
| 2043 RIDGEWOOD RD | $885,000 | 5 | 3 | 3016 | DETACHD |
| 4155 CANAL RD | $1,259,000 | 4 | 2.1 | 3736 | DETACHD |
| 2098 CREST DR | $3,500,000 | 5 | 5.1 | 7837 | DETACHD |
PENDING SALES (Oct 12-18, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 210 S STATE ST#4 | $219,900 | 2 | 1 | 1284 | CONDO | 44 |
| 3910 CARMAN DR | $234,900 | 2 | 2.1 | 1129 | CONDO | 83 |
| 16 WHEATHERSTONE | $325,000 | 3 | 2.1 | 1692 | CONDO | 3 |
| 12802 BOONES FERRY RD | $339,000 | 3 | 2.1 | 1454 | CONDO | 25 |
| 18561 SW KRISTI WAY | $349,000 | 3 | 2.1 | 1440 | DETACHD | 30 |
| 5336 TREE ST | $379,950 | 4 | 2 | 1696 | DETACHD | 21 |
| 15213 QUARRY RD | $399,000 | 3 | 2 | 1761 | DETACHD | 19 |
| 4291 WOODSIDE CIR | $400,000 | 3 | 2 | 2026 | ATTACHD | 4 |
| 5882 KENNYCROFT WAY | $409,990 | 3 | 2 | 1272 | DETACHD | 5 |
| 5749 WINDFIELD LOOP | $419,900 | 3 | 3 | 1873 | DETACHD | 94 |
| 18275 PILKINGTON RD | $439,000 | 3 | 2 | 2088 | DETACHD | 49 |
| 15948 QUARRY RD | $445,000 | 2 | 1 | 920 | DETACHD | 116 |
| 2600 GLENMORRIE DR | $495,000 | 2 | 1 | 1370 | DETACHD | 0 |
| 10 DEL PRADO ST | $519,900 | 5 | 3 | 3104 | DETACHD | 65 |
| 4724 AVERY LN | $599,900 | 4 | 2.1 | 2731 | DETACHD | 23 |
| 187 FURNACE ST | $670,000 | 2 | 2.1 | 1927 | CONDO | 80 |
| 1600 OAK ST | $900,000 | 4 | 3.2 | 4385 | DETACHD | 83 |
| 18711 WESTVIEW DR | $949,900 | 4 | 3.1 | 3591 | DETACHD | 55 |
SOLD (Oct 12-18, 2015)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE #153 | $145,000 | $140,000 | 2 | 2 | 1031 | CONDO | 32 |
| 200 BURNHAM RD #408 | $249,000 | $241,000 | 2 | 2 | 1305 | CONDO | 21 |
| 210 S STATE ST #3 | $297,500 | $297,500 | 2 | 1.1 | 1495 | CONDO | 21 |
| 25 ORIOLE LN | $449,950 | $412,000 | 3 | 2 | 1460 | DETACHD | 32 |
| 26 SPINOSA | $425,000 | $415,000 | 3 | 2.1 | 2065 | DETACHD | 55 |
| 14314 ORCHARD SPRINGS RD #35 | $434,000 | $430,000 | 5 | 3 | 2238 | DETACHD | 5 |
| 4330 ORCHARD WAY | $445,000 | $445,000 | 4 | 2.1 | 2099 | DETACHD | 6 |
| 4840 DOGWOOD DR | $475,000 | $475,000 | 3 | 3 | 2716 | DETACHD | 22 |
| 120 CONDOLEA DRm- Main | $549,999 | $500,000 | 3 | 3 | 2958 | CONDO | 416 |
| 14674 RAINBOW DR | $599,000 | $556,500 | 4 | 3 | 3100 | DETACHD | 44 |
| 2470 MARYLVIEW CT | $739,000 | $710,000 | 4 | 2.1 | 3486 | DETACHD | 24 |
| 1267 CHERRY LN | $849,000 | $720,000 | 4 | 2 | 3311 | DETACHD | 308 |
| 141 BERWICK RD | $750,000 | $750,000 | 4 | 3 | 2336 | DETACHD | 0 |
| 5724 LA MESA CT | $799,900 | $763,500 | 5 | 2.1 | 3669 | DETACHD | 21 |
| 17980 KELOK RD | $899,900 | $885,000 | 4 | 2.1 | 2969 | DETACHD | 26 |
| 454 9TH ST | $1,125,000 | $1,100,000 | 3 | 4 | 3278 | DETACHD | 25 |
| 1653 Lake Front RD | $3,900,000 | $3,550,000 | 5 | 5.1 | 6274 | DETACHD | 175 |
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.
News & Notes ~ August Numbers
Here are the August numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together).
According to the RMLS Market Action Report for the Portland Metro Area, August, 2015:
- There were 3,880 New Listings in August which was down a full 9.2% from the previous month/July, but up 8.3% from August of 2014.
- At 3,098 August Closed Sales fell 10.3% from July’s numbers, and were up 19.8% from August of 2014.
- August Pending Sales (accepted offers), at 3,347 were down 4.2% from the previous month, and fared 23.8% better than August of 2014.
- The Average Sale Price in August of $364,600 was down $4,500. from July’s Average of $369,100, and up $24,600 from August of 2014’s $340,000.
The combined areas of Lake Oswego and West Linn for the month of August 2015 reported:
- 454 Active Listings (July was 447)
- 228 New Listings (July was 253)
- 181 Pending Sales (July was 190)
- 181 Closed Sales (July was 201)
- Average Sale Price for August of $574,800. (July/$570,800)
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
- Average Time on the Market: 59 Days (July was 65)
Market Activity ~ Sept 21-27, 2015
Last week in Lake Oswego we saw 19 New properties enter the market, 24 move to Pending status, and 16 “Closed”/Sold.
Following is the breakdown for you according to RMLS for last week:
NEW on Mkt (Sept 21-27, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 3696 SPRING LN #3B | $269,900 | 2 | 2 | 1117 | CONDO |
| 15 GREENRIDGE CT | $359,000 | 3 | 2.1 | 1996 | ATTACHD |
| 15213 QUARRY RD | $399,000 | 3 | 2 | 1761 | DETACHD |
| 5336 TREE ST | $399,950 | 4 | 2 | 1696 | DETACHD |
| 14314 ORCHARD SPRINGS RD #35 | $434,000 | 5 | 3 | 2238 | DETACHD |
| 6192 HARRINGTON AVE | $498,800 | 5 | 3 | 2817 | DETACHD |
| 6059 FROST LN | $508,000 | 4 | 2.1 | 2281 | DETACHD |
| 5875 BONITA RD | $519,000 | 5 | 3.1 | 2650 | DETACHD |
| 6 GROUSE TER | $544,900 | 3 | 3 | 3576 | DETACHD |
| 4312 WOODSIDE CIR | $548,000 | 3 | 2.1 | 2678 | ATTACHD |
| 4724 AVERY LN | $649,900 | 4 | 2.1 | 2731 | DETACHD |
| 1255 BICKNER ST | $875,000 | 4 | 2.1 | 2764 | DETACHD |
| 5459 WESTFIELD CT | $924,900 | 5 | 3.1 | 3670 | DETACHD |
| 817 HOODVIEW LN | $1,135,000 | 5 | 3 | 3446 | DETACHD |
| 1495 COUNTRY CLUB RD | $1,175,000 | 4 | 2.2 | 4028 | DETACHD |
| 556 7TH ST | $1,295,000 | 5 | 3.1 | 3911 | DETACHD |
| 12838 ALTO PARK RD | $1,439,000 | 4 | 3.1 | 4475 | DETACHD |
| 13560 FIELDING RD | $3,500,000 | 5 | 6.1 | 5310 | DETACHD |
| 1500 NORTHSHORE RD | $15,000,000 | 5 | 6.3 | 13462 | DETACHD |
PENDING SALES (Sept 21-27, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4000 CARMAN DR #88 | $149,000 | 2 | 2 | 836 | CONDO | 15 |
| 4000 CARMAN DR #33 | $165,000 | 2 | 2 | 1100 | ATTACHD | 3 |
| 4 Touchstone #155 | $168,000 | 3 | 2.1 | 1351 | CONDO | 4 |
| 5225 JEAN RD #201 | $224,900 | 3 | 2 | 1500 | CONDO | 34 |
| 5835 CARMAN DR | $273,900 | 2 | 2.1 | 1650 | DETACHD | 20 |
| 4405 THUNDER VISTA LN | $275,000 | 2 | 2.1 | 1922 | CONDO | 11 |
| 4458 THUNDER VISTA LN | $279,000 | 2 | 2.1 | 2200 | CONDO | 76 |
| 16200 PACIFIC HWY #22 | $299,000 | 2 | 2 | 1190 | CONDO | 7 |
| 4226 WOODSIDE CIR | $329,900 | 3 | 2 | 1578 | ATTACHD | 12 |
| 4200 UPPER DR | $350,000 | 3 | 1 | 1371 | DETACHD | 59 |
| 16500 LAKE FOREST BLVD | $357,500 | 3 | 1 | 960 | DETACHD | 5 |
| 937 OAK ST | $439,000 | 3 | 3 | 3153 | DETACHD | 40 |
| 18357 HEATHER ANN CT | $439,900 | 3 | 2 | 1832 | DETACHD | 2 |
| 2301 WEMBLEY PARK RD | $460,000 | 3 | 2.1 | 1864 | DETACHD | 17 |
| 7 FALSTAFF ST | $549,900 | 5 | 2.1 | 2740 | DETACHD | 11 |
| 3232 WEMBLEY PARK RD | $549,900 | 4 | 3.1 | 2805 | DETACHD | 108 |
| 4176 UPPER DR | $550,000 | 5 | 3 | 2968 | DETACHD | 59 |
| 311 3RD ST | $678,988 | 3 | 3.1 | 2123 | ATTACHD | 18 |
| 14036 MAJESTIC CT | $695,000 | 6 | 3.2 | 4995 | DETACHD | 157 |
| 1943 INDIAN TRAIL | $869,850 | 3 | 2.1 | 2960 | DETACHD | 4 |
| 475 8th ST | $979,000 | 4 | 2.1 | 2699 | DETACHD | |
| 583 2ND ST Upper | $1,100,000 | 2 | 2.1 | 2190 | CONDO | 142 |
| 1075 CHANDLER RD | $1,975,000 | 5 | 4.1 | 5710 | DETACHD | 48 |
| 16842 ALDER CIR | $4,750,000 | 5 | 3.2 | 5144 | DETACHD | 68 |
SOLD (Sept 21-27, 2015)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR #51 | $90,000 | $90,000 | 1 | 1 | 666 | CONDO | 9 |
| 668 MCVEY AVE Grnd | $199,900 | $189,500 | 2 | 1.1 | 976 | CONDO | 73 |
| 3864 BOTTICELLI ST Main | $189,000 | $197,000 | 2 | 1.1 | 1132 | CONDO | 3 |
| 200 BURNHAM RD #305 | $269,900 | $249,900 | 2 | 2 | 1328 | CONDO | 46 |
| 4097 JEFFERSON PKWY | $259,000 | $260,000 | 2 | 2.1 | 1359 | CONDO | 6 |
| 17872 PILKINGTON RD | $254,900 | $265,100 | 3 | 2 | 1056 | DETACHD | 30 |
| 17766 MARYLCREEK DR | $769,000 | $720,000 | 4 | 3.1 | 4439 | DETACHD | 68 |
| 5635 BAY CREEK DR | $799,900 | $800,000 | 4 | 2.1 | 3036 | DETACHD | 10 |
| 5484 WESTFIELD CT | $795,000 | $816,000 | 4 | 2.1 | 3062 | DETACHD | 3 |
| 1189 SUNNINGDALE CT | $849,000 | $831,000 | 3 | 2.1 | 2072 | DETACHD | 0 |
| 815 OAK ST | $945,000 | $905,000 | 4 | 3.1 | 3709 | DETACHD | 52 |
| 2464 PALISADES CREST DR | $1,199,000 | $960,000 | 4 | 2.1 | 3897 | DETACHD | 135 |
| 14355 FOSBERG RD | $1,100,000 | $977,000 | 5 | 3.1 | 5536 | DETACHD | 0 |
| 18347 LOTHLORIEN WAY | $1,098,000 | $1,000,000 | 5 | 3.2 | 4141 | DETACHD | 27 |
| 17320 LAKE HAVEN DR | $1,235,000 | $1,100,000 | 4 | 3 | 2703 | DETACHD | 212 |
| 1858 Highland LOOP | $1,950,000 | $2,350,000 | 4 | 4.1 | 4000 | DETACHD |
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.
News & Notes ~ July Numbers
Here are the most recent real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together).
Enjoy! I hope you find this helpful.
According to the RMLS Market Action Report for the Portland Metro Area, July, 2015:
- There were 4,273 New Listings in July which was down .2% from the previous month/June, but up 8.1% from July of 2014.
- At 3,452 July Closed Sales increased 4.5% over June, and were up 28.9% from July of 2014.
- July Pending Sales (accepted offers), at 3,494, were down a bit from the previous month by 3.1%, and 24.7% better than July of 2014.
- The Average Sale Price in July of $369,100 was down a whole $400. from June’s Average of $369,500, and up $24,400 from July of 2014’s $344,700.
The combined areas of Lake Oswego and West Linn for the month of July 2015 reported:
- 447 Active Listings
- 253 New Listings
- 190 Pending Sales
- 201 Closed Sales
- Average Sale Price for July of $570,800.
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
- Average Time on the Market: 65 Days
Market Activity ~ Aug 10-16, 2015
I Love August : ) Its my favorite month! I hope you’re enjoying yours. Please feel free to call if you need any help.
Very Best,
Linda
~and~ Dianne & Whitney : )
Last week in Lake Oswego we saw 21 New properties enter the market, 28 move to Pending status, and 28 “Closed”/Sold.
Following is the breakdown for you according to RMLS for last week:
NEW on Mkt (Aug 10-16, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 319 CERVANTES | $199,900 | 3 | 2 | 1209 | CONDO |
| 52 CERVANTES CIR #3A | $239,000 | 2 | 1.1 | 1344 | CONDO |
| #3B | $246,900 | 2 | 2 | 1489 | CONDO |
| 200 BURNHAM RD #408 | $249,000 | 2 | 2 | 1305 | CONDO |
| 45 EAGLE CREST DR #509 | $299,900 | 2 | 2 | 1379 | CONDO |
| 6210 CHILDS RD | $425,000 | 3 | 1.1 | 1296 | DETACHD |
| 25 ORIOLE LN | $449,950 | 3 | 2 | 1460 | DETACHD |
| 908 BICKNER ST | $525,000 | 3 | 2 | 2263 | DETACHD |
| 1551 WOODLAND TER | $525,000 | 4 | 2 | 2712 | DETACHD |
| 10 DEL PRADO ST | $539,900 | 5 | 3 | 3104 | DETACHD |
| 207 EVERGREEN RD | $579,000 | 3 | 3.1 | 1789 | ATTACHD |
| 15590 TANAGER DR | $585,000 | 4 | 2.1 | 2532 | DETACHD |
| 327 CERVANTES | $600,000 | 5 | 3.1 | 3600 | DETACHD |
| 316 MIDDLECREST RD | $664,000 | 3 | 2.1 | 3202 | DETACHD |
| 279 EVERGREEN RD | $679,900 | 3 | 3.1 | 2136 | ATTACHD |
| 1293 TIMBERLINE DR | $699,000 | 3 | 3 | 2957 | DETACHD |
| 2461 MARYLHAVEN PL | $720,000 | 5 | 3 | 3282 | DETACHD |
| 49 HILLSHIRE DR | $749,900 | 4 | 2.2 | 4193 | DETACHD |
| 12716 ELK ROCK RD | $1,000,000 | 3 | 2.1 | 4015 | DETACHD |
| 725 5th ST | $1,124,900 | 3 | 3 | 2748 | DETACHD |
| 454 9TH ST | $1,125,000 | 3 | 4 | 3278 | DETACHD |
PENDING SALES (Aug 10-16, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR #14 | $89,900 | 1 | 1 | 666 | CONDO | 105 |
| 47 EAGLE CREST DR #51 | $90,000 | 1 | 1 | 666 | CONDO | 9 |
| 50 CERVANTES CIR #Main | $165,000 | 2 | 1.1 | 1368 | CONDO | 4 |
| 192 OSWEGO SMT #192 | $183,000 | 2 | 2 | 1383 | CONDO | 182 |
| 48 EAGLE CREST DR #4A | $185,000 | 2 | 2 | 1489 | CONDO | 4 |
| 3864 BOTTICELLI ST #Main | $197,000 | 2 | 1.1 | 1132 | CONDO | 3 |
| 668 MCVEY AVE #85 | $199,900 | 2 | 1.1 | 976 | CONDO | 54 |
| 5882 KENNYCROFT WAY | $315,000 | 3 | 2 | 1272 | DETACHD | 34 |
| 434 5TH ST #Grnd | $324,900 | 2 | 1.1 | 1092 | CONDO | 4 |
| 6053 FERNBROOK ST | $338,000 | 3 | 1 | 912 | DETACHD | 4 |
| 15879 KIMBALL ST | $349,900 | 3 | 1.1 | 1076 | DETACHD | 11 |
| 6105 SW SHAKESPEARE ST | $389,900 | 4 | 2 | 1550 | DETACHD | 81 |
| 17273 BRYANT RD | $395,900 | 3 | 1.1 | 1452 | DETACHD | 120 |
| 35 CHURCHILL DOWNS | $439,900 | 4 | 3 | 2271 | DETACHD | 56 |
| 15948 QUARRY RD | $445,000 | 2 | 1 | 920 | DETACHD | 54 |
| 383 ASH ST | $450,000 | 3 | 2.1 | 1697 | DETACHD | 6 |
| 523 2ND ST #105 | $489,000 | 2 | 2 | 1208 | CONDO | 20 |
| 38 MORNINGVIEW CIR | $525,000 | 3 | 3 | 2408 | DETACHD | 5 |
| 17766 MARYLCREEK DR | $749,000 | 4 | 3.1 | 4439 | DETACHD | 36 |
| 5484 WESTFIELD CT | $795,000 | 4 | 2.1 | 3062 | DETACHD | 3 |
| 5635 BAY CREEK DR | $799,900 | 4 | 2.1 | 3036 | DETACHD | 10 |
| 5833 STEWART GLENN CT | $835,000 | 4 | 2.1 | 3258 | DETACHD | 26 |
| 1189 SUNNINGDALE CT | $849,000 | 3 | 2.1 | 2072 | DETACHD | 0 |
| 14360 UPLANDS DR | $849,000 | 4 | 3.2 | 2577 | DETACHD | 31 |
| 13447 STREAMSIDE CT | $849,900 | 5 | 2.1 | 3609 | DETACHD | 48 |
| 815 OAK ST | $919,000 | 4 | 3.1 | 3709 | DETACHD | 52 |
| 17435 WREN CT | $1,299,900 | 4 | 3 | 2960 | DETACHD | 2 |
| 13624 GOODALL RD | $1,499,000 | 4 | 4.2 | 4411 | DETACHD | 157 |
SOLD (Aug 10-16, 2015)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR #24 | 109000 | 92836 | 1 | 1 | 672 | CONDO | 56 |
| 31 LADD ST | 318900 | 300000 | 3 | 1 | 867 | DETACHD | 127 |
| 12826 BOONES FERRY RD | 304500 | 307000 | 2 | 2.1 | 1136 | ATTACHD | 6 |
| 5392 TREE ST | 373900 | 362500 | 3 | 1.1 | 1232 | DETACHD | 7 |
| 258 CERVANTES | 385000 | 385000 | 3 | 2.1 | 2312 | ATTACHD | 13 |
| 2705 ORCHARD HILL PL | 435000 | 440000 | 3 | 2.1 | 2250 | DETACHD | 6 |
| 6276 FROST LN | 449000 | 449000 | 4 | 3.1 | 2304 | DETACHD | 71 |
| 643 2ND ST | 450000 | 452500 | 2 | 2 | 1457 | ATTACHD | 2 |
| 4023 TROUT WAY | 395000 | 470000 | 4 | 2.1 | 2758 | DETACHD | 4 |
| 1293 HIDE A WAY LN | 489000 | 480000 | 3 | 2.1 | 1720 | DETACHD | 4 |
| 4220 ALBERT CIR | 585000 | 553000 | 3 | 3 | 2406 | DETACHD | 49 |
| 16460 LEXINGTON CT | 574000 | 580000 | 3 | 2.1 | 2477 | DETACHD | 8 |
| 12448 ORCHARD HILL RD | 599900 | 599000 | 4 | 3 | 3336 | DETACHD | 178 |
| 17 EL GRECO ST | 644000 | 645100 | 5 | 2.1 | 2778 | DETACHD | 4 |
| 1775 PALISADES TERRACE DR | 661000 | 650000 | 4 | 2.1 | 2112 | DETACHD | 0 |
| 321 5TH ST | 749000 | 690000 | 3 | 3.1 | 2737 | DETACHD | 158 |
| 1503 EASTVIEW CT | 689000 | 694000 | 3 | 3.1 | 3337 | DETACHD | 7 |
| 3723 RIVERS EDGE DR | 750000 | 750000 | 4 | 2.1 | 2875 | DETACHD | 2 |
| 2221 OVERLOOK DR | 799000 | 750000 | 4 | 2.1 | 3628 | DETACHD | 31 |
| 14153 EDENBERRY DR | 775000 | 775000 | 4 | 2.1 | 3113 | DETACHD | 28 |
| 14009 CHELSEA DR | 765000 | 785000 | 4 | 2.1 | 3060 | DETACHD | 5 |
| 5364 LANGFORD LN | 825000 | 797000 | 3 | 2.1 | 3022 | DETACHD | 27 |
| 5650 BAY CREEK DR | 859900 | 799900 | 4 | 2.1 | 3668 | DETACHD | 53 |
| 49 BRIARWOOD RD | 950000 | 900000 | 3 | 2 | 2162 | DETACHD | 138 |
| 17340 OAK MEADOW LN | 929000 | 913000 | 3 | 3.1 | 3718 | DETACHD | 35 |
| 4540 LAMONT WAY | 949900 | 949900 | 4 | 2.1 | 3555 | DETACHD | 6 |
| 827 8TH ST | 999990 | 1000000 | 5 | 3.1 | 3852 | DETACHD | 3 |
| 328 KENWOOD RD | 1095000 | 1100000 | 4 | 4 | 4184 | DETACHD | 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.