Market Activity July 5-11, 2021

Last weeks market activity appears to have been more balanced with 19 new listings, 18 pending sales, and 23 closed/sold properties. The fact that the pending numbers were fewer than the new listings my have been a result of the July 4th holiday. It’s too soon to know if this is some sort of trend.

See below for RMLS data.

New on the market July 5-11, 2021

AddressTypePriceBRBathsSq Ft
200 CervantesCondo$289,00031.51138
12 Oswego SummitCondo$300,000221140
1 Peacock PlDetached$529,00032.51336
4980 Galen StAttached$589,00022.51552
18811 Reao CtDetached$639,90032.51916
6227 Wayzata CtDetached$649,99931.51232
15115 Quarry RdDetached$650,000432865
49 Da Vinci StDetached$739,000322351
18260 Indian Creek DrDetached$759,000322082
17730 Marylbrook DrDetached$850,00032.52951
4222 Cobb WayDetached$1,089,000432243
1739 Palisades Terrace DrDetached$1,095,00042.53654
1776 Oak StDetached$1,550,00043.54012
4531 West RdDetached$1,595,00033.53926
2165 Rodge Pointe DrDetached$2,100,000544749
1626 Englewood DrDetached$2,495,00042.5+.55581
13700 Fielding RdDetached$4,998,00054.5+.55802
14390 Uplands DrDetached$5,399,00044.57839
2470 Summit CtDetached$5,498,00043.5+.57180

Pending sales July 5-11, 2021

AddressTypePriceBRBathsSq FtCDOM
47 Eagle Crest Dr #54Condo$180,0001167237
42 Cervantes Circle 4BCondo$250,00021.59128
86 Kingsgate Rd G101Condo$265,000228402
1367 Bonniebrae DrAttached$399,00021.510082
186 D AveAttached$650,00032.516377
5071 Tualata LnDetached$675,00033154051
18426 Sandpiper WayDetached$688,0004318845
5051 Tualata LnDetached$695,00042158137
217 Hidalgo StDetached$749,90032.5431237
32 Morningview CircleDetached$750,00032.527187
537 Country Club RdDetached$775,00032190193
4099 Coltsfoot LnDetached$830,00052.5314915
2440 Overlook DrDetached$839,90043385015
1503 Pine StDetached$875,0004328424
1724 Fern PlDetached$950,00033216021
12723 Adrian CtDetached$1,098,0004331904
915 Cedar StDetached$1,550,00043.532193
2254 Knaus RdDetached$3,950,00045.5743611

Closed/sold properties July 5-11, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4619 Lakeview BlvdCondo$200,000$205,0007538
4 Touchstone #68Condo$219,000$245,00098458
4 Touchstone #124Condo$239,000$245,500135122
4000 Carman Dr B27Condo$269,000$300,0008692
103 Kingsgate RdDetached$525,000$525,00013525
1 Eagle Crest DrDetached$549,000$610,00012904
2710 SW Orchard Hill LnDetached$611,900$656,00020874
830 Laurel StDetached$645,000$685,00014003
20 Preakness CtAttached$625,000$700,00017905
14307 Camden LnDetached$719,000$740,00019320
2604 Glen Haven RdDetached$729,900$799,0002,1043
17310 Canyon DrDetached$750,000$805,0002716$3
18768 Wood Duck StDetached$925,000$965,00030164
1455 Nelson CtDetached$835,000$975,00022102
1585 Patton RdDetached$915,000$1,025,00033313
4137 Orchard WayDetached$975,000$1,052,00036802
3250 Westview CtDetached$1,200,000$1,161,0003928235
4379 Snowbrush CtDetached$1,050,000$1,161,00035962
640 9th StDetached$1,450,000$1,450,00033215
858 10th StDetached$1,650,000$1,650,00024106
1475 Chandler RdDetached$3,200,000$3,150,00045150
3230 Upper DrDetached$3,300,000$3,300,00053380
1190 Fairway RdDetached$5,495,000$5,200,00058559

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.

3D Printed Houses

This is a bit of a divergence from the usual posts that Linda and I write where we try to focus on Lake Oswego Real Estate. Instead I decided to share something that I find just fascinating: 3D printed houses.

A company in Texas, ICON, is 3D printing houses. The company set a goal of finding a way to build houses that are more affordable, resilient, and that can be built faster. Their first house was built in 2018. it was 350 square feet and took 48 hours to print out. It was built in Austin, Texas, a place with very strict building codes. The house was fully permitted.

The printer is quite large, as you can imagine. It’s called a Vulcan II. It extrudes a cement compound called Lavacrete. It pours out 5-7 inches per second. Today, a 400-500 square foot house can be built in 24 hours.

Today, houses can be built up to 2000 square feet.

I say “built”, but I think that is a rather a loose term in this enstance. Once the shell of the house has been “printed”, it is set on a foundation and the components, like windows, doors, plumbing, etc., are added.

The printer can do more than build square boxes. It can be programed for things like curved walls and vaulted ceilings.

The cost savings is approximately half of a traditional stick built home. Partnering with Mobile Loaves and Fishes, ICON is working to build housing for the homeless.

I just love the inovation and found this entire concept intriquing. For more information, click here.

I hope you found this as fascinating as I did, and, as always, thanks for reading the blotter.