There are just 8 open houses being promoted in the RMLS for this Sunday. Not surprising with this being the start of the Christmas week. All 8 are high-end new construction. All 8 are also the “perenial opens”: the houses that seem to be open every Sunday. I have been in most of them. They are gorgeous properties. If you haven’t seen them already, they are worth the drive.
There are 8 truly NEW properties in Lake Oswego this last week (I left two of them in here because they were off the market for 30 days), 6 that went to PENDING status, and 7 that SOLD. I am seeing activity across the board in all price ranges, and in all areas of Lake Oswego.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes): NEWLY LISTED (Dec. 7—Dec.13, 2009)
Address
List Price
# Beds
# Baths
Total SF
Prop Type
List Date
32 CERVANTES CIR
$148,500
2
1.1
1,092
CONDO
12/9/2009
1248 OAK ST
$249,900
2
1
900
DETACHD
12/11/2009
17756 WESTVIEW DR
$439,900
4
2.1
2,830
DETACHD
12/7/2009
14150 AMBERWOOD CIR
$659,000
3
2.1
2,500
DETACHD
12/7/2009
5245 LANGFORD LN
$719,000
3
2.1
2,957
DETACHD
12/13/2009
64 BERWICK RD
$759,000
4
3.1
3,740
DETACHD
12/7/2009
17833 MARYLCREEK DR
$950,000
5
4.1
6,540
DETACHD
12/10/2009
13961 KNAUS RD
$2,450,000
4
4.2
6,614
DETACHD
12/8/2009
PENDING SALES (Dec. 7 – Dec. 13, 2009)
Address
List Price
# Beds
# Baths
Total SF
Prop Type
CDOM
3433 MCNARY PKWY
$100,000
2
2.1
1,208
CONDO
212
5 FALSTAFF ST
$385,000
4
2.1
2,433
DETACHD
141
1457 BOCA RATAN DR
$399,950
3
2
1,568
DETACHD
70
4191 CHAPMAN WAY
$409,000
4
2.1
2,610
DETACHD
194
106 GREENRIDGE CT
$449,000
4
3
3,127
ATTACHD
136
17404 BERGIS FARM DR
$1,098,000
5
4.1
5,394
DETACHD
326
SOLD (Dec. 7 – Dec. 13, 2009)
Address
O/Price
Close Price
# Beds
# Baths
Total SF
Prop Type
CDOM
31 BECKET ST
$429,800
$400,000
3
2.1
2,365
DETACHD
98
16018 WALUGA DR
$415,000
$405,000
4
2
2,200
DETACHD
9
5 GARIBALDI ST
$574,800
$560,000
4
3.1
3,250
DETACHD
8
163 IRON MOUNTAIN BLVD
$799,000
$700,000
3
1.1
1,968
DETACHD
99
19422 LORNA LN
$805,000
$790,000
5
3.1
4,011
DETACHD
14
975 ENGLEWOOD DR
$899,000
$800,000
4
3.1
4,085
DETACHD
532
753 LAKESHORE RD
$1,385,000
$1,335,000
3
3.1
2,562
DETACHD
51
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.
With just 5 pending sales and 8 closed sales last week, activity seems to be settling into the slower months of winter. However, we still had 20 new listings (not refreshed, truly new). At this time of year, people typically hold off on putting their house up for sale until after the holidays. To list your home now, you have got to be pretty motivated. I am suspicious that some of these homes are in financial trouble. I also know that corporations often move employees during the holidays if they are trying to close out a corporate year that matches the calendar year. Whatever the cause, we are back to more new listings than sales activity.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes): NEWLY LISTED (Nov. 30—Dec 6, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
59 GALEN ST
$99,000
1
1
550
CONDO
12/2/2009
334 CERVANTES CIR
$144,900
2
1
832
CONDO
12/4/2009
75 GALEN ST
$159,900
2
2
995
CONDO
12/1/2009
4 TOUCHSTONE
$190,000
3
2.1
1,351
CONDO
12/1/2009
287 CERVANTES
$195,000
3
1.1
1,144
CONDO
12/4/2009
45 SW EAGLE CREST DR
$205,000
3
2
1,348
CONDO
12/2/2009
100 LEONARD ST
$264,900
2
2
1,364
CONDO
12/3/2009
16890 CORTEZ CT
$324,900
4
3
2,016
DETACHD
12/4/2009
1841 CLOVERLEAF RD
349000
5
3
2,186
DETACHD
12/1/2009
837 OAK ST
380000
3
2
2,816
ATTACHD
11/30/2009
15 CHURCHILL DOWNS
380000
4
2
2,014
ATTACHD
11/30/2009
17942 SAINT CLAIR DR
524900
4
2.1
2,533
DETACHD
12/1/2009
1250 PINE ST
539000
4
2.1
2,856
DETACHD
12/3/2009
339 6TH ST
599900
3
3.1
2,258
ATTACHD
12/1/2009
18081 WESTMINSTER DR
599950
4
2.1
2,713
DETACHD
12/1/2009
15393 DIAMOND HEAD RD
756400
4
2.1
3,192
DETACHD
12/2/2009
1010 HOODVIEW LN
875000
4
3
3,058
DETACHD
11/30/2009
17802 SW Marylcreek DR
887900
3
4
3,825
DETACHD
12/6/2009
18175 PILKINGTON RD
899900
4
3.1
3,164
DETACHD
12/1/2009
444 6TH ST
1095000
4
4.1
4,541
DETACHD
12/1/2009
PENDING SALES (Nov. 30 -Dec 6, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# BR
# BTHS
Total SF
Prop Type
CDOM
668 MCVEY AVE
$143,550
3
1.1
992
CONDO
59
5077 W SUNSET DR
$299,900
2
2.1
1,720
ATTACHD
102
4051 VIRGINIA WAY
$339,900
3
2.1
1,658
DETACHD
58
2753 VALE CT
$402,000
3
3
2,786
DETACHD
31
1575 IVY CT
$515,000
4
3
2,432
DETACHD
56
SOLD (Nov. 30-Dec 6, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
4 TOUCHSTONE CT
$137,900
$105,000
3
2.1
1,350
CONDO
371
14 POLONIUS ST
$300,000
$288,000
4
3
2,754
DETACHD
254
5096 SW TREE ST
$334,900
$318,000
3
1.1
1,410
DETACHD
462
1990 WEMBLEY PARK RD
$399,900
$390,000
4
3
3,162
DETACHD
27
2981 VALE CT
$512,450
$475,500
5
2.1
3,516
DETACHD
436
5382 ROYAL OAKS DR
$555,000
$492,500
4
2.1
2,970
DETACHD
194
135 FURNACE ST
$709,900
$647,000
2
2.1
1,927
CONDO
97
827 8TH ST
$898,000
$835,000
5
3.1
3,852
DETACHD
38
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.
There are 7 truly NEW properties in Lake Oswego this last week, 10 that went to PENDING status, and 8 that SOLD. We are doing pretty well this year as last year at this same time, while we also had 7 NEW, only 4 were PENDING and 4 SOLD. You’ll notice that last week, of 6 NEW listings, 5 of them were under $400,000. 6 out of 10 PENDING were also under $400,000, and 5 out of 8 SOLD were as well.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes): NEWLY LISTED (Nov. 23—Nov.29, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# Beds
# Baths
Total SF
Prop Type
List Date
5852 LAKEVIEW CT
$205,000
2
1
1,032
DETACHD
11/23/2009
16111 LINDSAY CT
$347,500
3
2.1
1,840
DETACHD
11/27/2009
454 5TH ST
$350,000
2
1.1
1,092
ATTACHD
11/28/2009
19167 LONGFELLOW AVE
$375,000
3
2.1
1,782
ATTACHD
11/23/2009
627 1ST ST
$375,500
2
2
2,090
DETACHD
11/27/2009
18269 TAMAWAY DR
$569,000
4
2.1
3,293
DETACHD
11/25/2009
355 6TH ST
$599,900
3
3.1
2,258
ATTACHD
11/29/2009
PENDING SALES (Nov. 23 -Nov. 29, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# Beds
# Baths
Total SF
Prop Type
CDOM
86 KINGSGATE RD
$127,000
2
2
924
CONDO
236
26 WHEATHERSTONE
$225,000
3
2.1
1,692
CONDO
135
16584 ROOSEVELT AVE
$245,000
3
1
1,188
DETACHD
171
5686 WASHINGTON CT
$259,900
2
2
1,342
DETACHD
25
113 KINGSGATE RD
$275,900
3
2
1,436
DETACHD
94
18922 REDWING WAY
$379,900
4
2
2,076
DETACHD
105
4 ICARUS LOOP
$449,000
4
2.1
2,743
DETACHD
57
5502 Langford LN
$699,000
3
2.1
2,957
DETACHD
366
4380 UPPER DR
$708,900
5
4.1
4,071
DETACHD
111
17345 BERGIS FARM DR
$1,249,900
4
3.2
5,199
DETACHD
665
SOLD (Nov. 23-Nov. 29, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Sale Price
# Beds
# Baths
Total SF
Prop Type
CDOM
36 CERVANTES CIR
$159,900
$142,000
2
1.1
912
CONDO
337
73 OSWEGO SMT
$164,900
$145,000
2
2
1,212
CONDO
440
16600 BRYANT RD
$249,900
$224,000
3
2
1,877
DETACHD
106
3497 DEVONSHIRE DR
$259,900
$249,000
3
2
1,556
ATTACHD
145
1991 MAPLELEAF RD
$309,900
$309,000
3
2
1,456
DETACHD
14
1032 LAUREL ST
$424,000
$400,000
4
2
2,384
DETACHD
86
18410 DEERBRUSH AVE
$495,000
$450,000
4
2.1
2,217
DETACHD
78
1924 CHERYL CT
$1,299,000
$1,200,000
4
4.2
5,204
DETACHD
785
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.
There are three beautiful homes being held open on Sunday of Thanksgiving Weekend according to RMLS. It is supposed to be relatively warm and partly sunny…. a nice day to get out and look at homes with those visiting relatives and/or friends you’d love to have closer to you…
Dianne and I are, as always, here for you… even on Thanksgiving weekend : )
There are 15 truly NEW properties in Lake Oswego this last week, 11 that went to PENDING status, and 10 that SOLD. Here is the latest market activity for Lake Oswego (see below the tables for additional notes): NEWLY LISTED (Nov. 09—Nov.15, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
73 GALEN ST
$159,900
2
2
995
CONDO
11/10/2009
235 Cervantes
$180,000
2
2
1,100
CONDO
11/14/2009
5225 Jean RD
$189,500
2
2
1,100
CONDO
11/9/2009
244 RIDGEWAY RD
$214,500
2
1
753
CONDO
11/14/2009
17659 DEEMAR WAY
$249,000
3
2
1,382
DETACHD
11/11/2009
4141 COBB WAY
$299,900
3
2
1,236
DETACHD
11/11/2009
4288 SUNSET DR
$359,000
3
2
1,550
DETACHD
11/9/2009
4235 HARVEY WAY
$395,000
3
2
1,384
DETACHD
11/10/2009
3521 LANEWOOD ST
$399,500
3
1.1
1,675
DETACHD
11/15/2009
16150 LAKE FOREST BLVD
$495,000
2
2
2,302
DETACHD
11/12/2009
32 SPINOSA
$499,900
4
2.2
2,542
DETACHD
11/13/2009
2025 WEMBLEY PARK RD
$499,900
4
2
2,288
DETACHD
11/15/2009
136 D AVE
$550,000
2
2.1
1,741
ATTACHD
11/14/2009
3612 TEMPEST DR
$599,900
4
3
2,819
DETACHD
11/9/2009
14435 UPLANDS DR
$825,000
4
3.1
4,822
DETACHD
11/14/2009
PENDING SALES (Nov. 09 -Nov. 15, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
72 CERVANTES CIR
$125,000
2
1.1
912
CONDO
12
668 MCVEY AVE
$179,900
3
1.1
985
CONDO
1092
14431 SHERBROOK PL
$299,900
4
3
3,284
DETACHD
330
17752 SCHALIT WAY
$329,900
3
2
1,463
DETACHD
62
953 A AVE
$375,000
2
2.1
2,908
DETACHD
134
17088 REBECCA LN
$429,000
4
3
2,554
DETACHD
923
566 5TH ST
$448,000
3
2
2,177
DETACHD
114
17332 Lake Haven DR
$749,000
4
2
2,484
DETACHD
125
17384 BERGIS FARM DR
$1,295,000
5
4.1
5,012
DETACHD
8
1924 CHERYL CT
$1,299,000
4
4.2
5,204
DETACHD
785
616 CABANA LN
$2,250,000
5
4
3,800
DETACHD
220
SOLD (Nov. 09-Nov. 15, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
44 EAGLE CREST DR
$154,900
$158,900
3
2
1,085
CONDO
123
4330 COUNTRY WOODS CT
$239,900
$280,000
3
1
1,200
DETACHD
86
4662 CARMAN DR
$289,900
$340,000
5
2
1,754
DETACHD
13
161 C AVE
$499,900
$411,000
2
2.1
1,719
ATTACHD
215
2925 ORCHARD HILL PL
$549,000
$460,000
3
2.1
2,418
DETACHD
148
4018 COHO LN
$539,000
$470,000
3
2
2,489
DETACHD
61
353 D AVE
$825,000
$555,000
4
2
3,228
DETACHD
749
540 NORTHSHORE RD
$619,000
$583,900
4
3
2,746
DETACHD
153
17211 KELOK RD
1399000
1230000
3
3.1
5,384
DETACHD
112
397 FURNACE ST
1850000
1400000
3
2.1
2,864
DETACHD
100
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.
Hmmmmmm…. Not to bum you California readers out, but this is a pretty dreary week in Lake Oswego! I so often hear from family and friends in California though, that they really LOVE rain, and I can relate. Nothing better than to curl up with a book (or a laptop) by a fire near a window with a nice view & hear the rain on the roof. Lots of coffee shops prosper here for the same reason.
We have yet to see what the weather is going to look like this winter. I hear that at the recent “weather conference” held here in Lake Oswego, experts were torn over whether we would be having a relatively dry season, or even MORE snow than we had last year…. quite a gap in understanding among experts… (any readers who attended this conference or who would like to chime in are welcome!).
Lake Oswego turns 100!
Well, we are only 99 right now, but Lake Oswego is turning 100 in 2010. Already planning is underway for a “year-long celebration” that will kick off in January with a film at the Lakewood Center giving an overview of the city’s history and unveiling the “Lake Oswego Building Blocks” display; a visual history of 20 of the city’s neighborhoods which will remain on display throughout the year.
There will also be a scavenger hunt that will begin after the kick-off and last thru March (!!!) with clues given each week via he Lake Oswego Review and the city’s official website.
For more info or to get involved, contact Kern-Schilling at 503-675-3983, attend a community meeting at 5:30 p.m. Nov. 5 at the West End Building or visit the Web site www.lakeoswego100.com later this month.
City Revisits “Affordable Housing”
There was an interesting article in the Lake Oswego Review about a week ago that highlighted some citizens’ work toward ensuring that in particular seniors, but also lower income families and individuals, have access to affordable housing. Paul Lyons, along with Ralph Tahran have been meeting with City Counselor Roger Hennigan and other interested parties. Mr. Lyons led a discussion at a recent city council meeting. He pointed out that the planning department is undergoing a periodic review of the Comprehensive Plan, and is hopeful that this is a good time to reintroduce this discussion which was sidelined in 2005. Here is a link to the article for anyone interested: Affordable Housing The article has generated lively debate in Lake Oswego.
Market Action Report
It is almost time for the October Market Action Report to be released by RMLS. I think it is interesting to note that there has been a new column added to the Residential Market Highlights and the Area Report called “Total Market Time”. This is an average of the cumulative number of days a property has been truly on the market. This time does not reset unless a property has been off the market for more than 30 days, and this statistic is evidently calculated for listings that sell in the month and year-to-date time periods that apply to any issue of Market Action. You know that Dianne and I have often mentioned the confusion that sometimes results from how “Days on Market” are shown when a property relists but is really not a new listing, and so I am glad to see this change in the Market Action Report which will more accurately reflect a property’s actual time on the market before sale.
Geez… It’s November already! You know what that means… Halloween’s over, Thanksgiving is only a few weeks away, and then the Holidays, gift-giving… OK, I’ll stop : ) Right now it’s Fall, and Sunday is supposed to be a nice one w/sunshine and some decent temperatures. Also, the announcement that we are pretty darned close to an extension of the First-Time-Home-Buyer Tax Credit (which additionally applies, by the way, to those who have not owned a home for three years now) and the proposal of an additional $6500. Tax Credit for those “Buying Up” if you meet income guidelines (under $125,000. for an individual or $225,000. for couple filing jointly) and purchase a house for $800,000. or less. And you thought your dreams were going to have to wait!
Dianne and I are, as always, here for you.
There are 26 properties on tour in Lake Oswego Sunday according to RMLS (including the Luxury Townhomes at 363 Sixth St in First Addition) :
Sunday is supposed to be our best day of the week… i.e., Sunshine! Get out and enjoy touring some Open Houses in Lake Oswego, and give Dianne or me a call if you are not working with a Realtor and end up finding the house of your dreams! We’d be happy to represent you, and always have time for you.
There are 26 properties on tour in Lake Oswego tomorrow according to RMLS:
