Market Activity ~ Dec 15-21, 2014

Yes, real estate is happening  : )

Here is your Latest Market Data: Last week in Lake Oswego we saw 5 New properties enter the market, 9 move to Pending status, and 13 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 15-21, 2014)

Address List Price # Beds # Baths Total SF Prop Type
490 BOCA RATAN DR $519,000 3 2 2023 DETACHD
6459 FROST ST $529,000 4 2.1 2627 DETACHD
3433 MCNARY PKWY #203 $150,000 2 1.1 1008 CONDO
3009 WEMBLEY PARK RD $598,500 4 2.1 1704 DETACHD
Highlands LOOP $2,195,000 4 4.1 5579 DETACHD

PENDING SALES (Dec 15-21, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3986 CARMAN DR $204,900 2 2.1 1107 CONDO 58
3100 WESTVIEW CT $929,000 4 3.1 3750 DETACHD 17
18375 RIVER EDGE LN $897,950 4 2.1 3400 DETACHD 27
17138 CEDAR RD $1,495,000 3 3.1 3017 DETACHD 89
2131 WEMBLEY PARK RD $539,000 4 2.1 3228 DETACHD 188
12810 ALTO PARK RD $964,000 5 3.1 3834 DETACHD 97
820 FAIRWAY RD $1,189,000 4 3.1 3758 DETACHD 331
555 COUNTRY CLUB RD $625,000 3 3 2133 DETACHD 159
169 OSWEGO SMT #169 $100,280 2 2 1330 CONDO 63

SOLD  (Dec 15-21, 2014)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
17547 CHERRY CT $1,225,000 $978,850 4 3.1 3737 DETACHD 337
19354 LORNA LN $950,000 $1,049,888 5 3.1 4169 DETACHD 403
16987 ALDER CIR $395,950 $400,000 3 2 1713 DETACHD 4
16990 LOWER MEADOWS DR $369,900 $374,900 3 2.1 2000 DETACHD 2
37 CHURCHILL DOWNS $470,000 $475,000 3 2.1 2372 DETACHD 4
4724 FIRWOOD RD $329,000 $325,000 3 1.1 1240 DETACHD 5
21 SUMMIT RIDGE CT $339,000 $332,000 2 2.1 1654 ATTACHD 16
200 BURNHAM RD #211 $385,000 $317,000 3 2 1862 CONDO 85
2341 STONEHURST CT $659,000 $659,000 4 2.1 3389 DETACHD 2
1531 BOCA RATAN DR $289,000 $277,000 3 2 1755 ATTACHD 57
804 2ND ST $505,000 $400,000 4 3 2224 ATTACHD 50
17619 Potters RD $575,000 $575,000 4 2.1 2665 DETACHD 9
2612 RIVENDELL RD $799,000 $730,000 4 3 3168 DETACHD 93

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.


DonateWe’re all focusing on the holidays right now and all that goes along with that, so I thought it might be a good idea to take a look at things we might be wanting to include on our to-do lists & consider taking care of before the end of the year. Namely…Giving!  This is the Celebrating & Giving time of year, and, many want to think ahead about tax time as well.  If you’re going to give anyway…. this is definitely the time to do it!

Here are some worthy ideas for your consideration:

  • In the community of Lake Oswego, there are many organizations doing fantastic work. Click Here for information on a variety of Lake Oswego-based non-profits that could use your help.
  • Here’s a great resource  site to help yopu evaluate the most worthy recipients of your donations based on their research:  The Portland “Give Guide”
  • One of the things that sets Lake Oswego apart is its committment to the arts, and the availability and visibility of art all through the year and on its very streets. If art is important to you, consider donating to the Arts Council.
  • Speaking of giving, I know from my days in a Lake Oswego Schools Booster Club, that every community has needy families.  Some of your kids’ friends may very well have parents who’ve lost a job, or are in some sort of upheaval and wondering how they’re going to be able to pay their bills let alone create a semi normal-feeling holiday for their household .  Your favorite local school probably has names of families in need. Give a call to the school of your choice and think about donating a holiday roast or turkey, or just dropping off a few gifts.  The school counselor usually knows just what to do with this kind of generosity, and you’ll know you really made a difference for some needy family in your own neighborhood.
  • If animals are near and dear to your heart, there are lots of options for donating.  The Oregon Humane Society is an obvious choice, and/but some smaller outfits that take up the slack and don’t have quite the visibility of the OHS would be heart-warmed to receive your donation.  One that is recommended to me by someone in the know is the Family Dogs New Life Shelter. It is a no-kill shelter that does excellent work.
  • Lake Oswego’s Tryon Creek is such a treasure to the community. If nature and its continued availability in communities, and specifically Lake Oswego, is important to you, consider donating to Friends of Tryon Creek.

There are so many great choices, I thought I’d highlight just a few and give you some links to resources that offer many options. Enjoy your holidays, and the Joys that come with the season!


News & Notes


* Lake Oswego is alive with music and festival fun this summer. To get more info on the  Summer Splash Concerts, Moonlight and Music Concerts and Sounds of Summer Concerts, CLICK HERE.

* Friends of Tryon Creek are leading groups on free guided hikes through the park and forest on Wednesday evenings through August 31st.  Topics will include frogs, bats, owls and salamanders.  Learn more HERE.

* Lake Oswego is holding its 3rd Annual Photo Contest.  Send in your best photos for a chance to win $25., $50., and $100. gift cards!  For contest categories and details  CLICK HERE.

* Average Sales Price declined 7.8% in the Portland Metro area in June 2011 as compared to June 2010.

* Comparing month to month 2011 Sales Prices, the average went up 1/8% in Portland Metro from May to June 2011.

* In Lake Oswego and West Linn, the Average Sales Price in June 2011 was $458,200.  The Average Sales Price in the Portland Metro area was $267,100.

* In Lake Oswego and West Linn the average “time on the market” in June 2011 was 197 days,  whereas the average time on the market in Portland Metro was 134 days.

* Portland Metro saw 1,958 Closed Sales in June 2011, and of those, 104 of them were in Lake Oswego and West Linn.  ***This was a 12.4% increase from May 2011.

* Portland Metro generated 3,143 New Listings in June 2011, and of those, 861 were in Lake Oswego and West Linn.

(***Market data derived from RMLS Market Action Report, June 2011)