Market Activity February 1-7, 2021

Inventory remains very low with only 7 new listings coming onto the market last week. This in comparison to 17 houses that went pending and 16 closed sales. In my mind, demand is about twice the available inventory. This is leading to multiple offer situations and, in many instances, houses selling for more than the asking price. It’s a fantastic time to put your house on the market!

See below for an explanation of the RMLS data.

New on the Market February 1-7, 2021

AddressTypePriceBRBathsSq Ft
4000 Carman Dr #47Condo$259,90022993
4320 Botticelli St #11Attached$309,90022.5+.52260
12645 Boones Ferry RdDetached$799,950523038
2318 Hillside LnDetached$899,99553.53258
5 Mountain View LnDetached$925,00053.53850
15420 Boones WayAttached$1,345,00032.53364
892 8th StDetached$1,450,00043.52872

Pending sales February 1-7, 2021

AddressTypePriceBRBathsSq FtCDOM
668 McVey Ave #44Condo$219,0001163680
1661 Woodland TerrDetached$729,00032.530822
16570 Inverurie RdDetached$799,000543218174
16715 Ford PLDetached$837,00032.531713
1216 Spruce StDetached$840,00032.52066101
17601 Woodhurst PlDetached$1,125,00042.531794
6485 Mission CtDetached$1,189,00043.5313367
1483 Woodland TerrDetached$1,199,9995431359
2120 Glenmorrie DrDetached$1,298,00043.542930
15444 Boones WayAttached$1,350,00032.534883
16233 Bonaire AveDetached$1,395,0005334601
4160 Lakeview BlvdDetached$1,598,00043.5+.539046
2230 Wembley Park RdDetached$1,785,00054.5460727
13585 Goodall RdDetached$1,900,00043.5428218
1132 Troon RdDetached$2,575,00043.54165101
16470 Phantom Bluff CtDetached$2,695,00044.5518811
1527 Lake Front RdDetached$3,999,00056.57220113

Sold/closed February 1-7, 2021

AddressTypeList PriceSold PriceSq FtCDOM
76 Cervantes CircleCondo$227,000$234,3009124
4000 Carman Dr C49Condo$315,000$325,0001,0045
937 Country Club RdDetached$503,500$427,000165091
456 5th StCondo$450,000$440,00010921
18964 Redwing WayDetached$549,950$580,000140624
4380 Douglas WayDetached$599,950$599,950136462
1771 Campus WayDetached$738,000$738,00032773
151 C AveAttached$775,000$765,0001934112
4890 Sage Hen CircleDetached$799,900$770,000283274
19428 Kokanee CtDetached$769,000$800,00027926
4264 West Bay RdDetached$799,000$800,00013082
5322 Carman Grove LnDetached$899,000$838,000261565
730 8th StDetached$865,000$901,00023954
2591 Palisades Crest DrDetached$1,219,000$1,0854916110
16234 Waluga DrDetached$1,395,000$1,340313086
136000 GoodallDetached$2,590,000$2,3506612206

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.

Open Houses ~ October 9, 2011

Lots of great homes Open to you and your partners in house-hunting adventure Sunday!

Here is the schedule according to RMLS:

Address L/Price # Beds # Baths Total SF Style Open
6016 BONITA RD $229,999 4 2 1978 RANCH 12-3PM
16212 LAKE FOREST BLVD $249,000 3 2 1267 RANCH 1-3PM
1127 CEDAR ST $249,000 2 1 1070 COTTAGE 12:30-4PM
1674 FIRCREST DR $249,500 4 2 1998 SPLIT 1-3:15PM
140 TOUCHSTONE CT $284,900 3 2.1 1964 TOWNHSE 1-3PM
16890 CORTEZ CT $289,000 4 3 2016 DAYRNCH 1-3:30PM
18150 BRYANT RD $299,000 3 2 1468 RANCH,1STORY 10AM-12PM
1053 HALLINAN ST $300,000 3 2.1 2004 2STORY 1-4PM
4793 AUBURN LN $389,900 3 2.1 2083 TOWNHSE 12-3PM
1820 KILKENNY DR $397,000 4 2.1 3040 DAYRNCH 2-4PM
4 NANSEN SMT $429,000 4 2.1 3255 CONTEMP 1-3PM
7 DEL PRADO ST $435,000 4 3 2232 TRAD,TRI 12-3PM
14361 SHERBROOK PL $439,900 3 2.1 2100 TRAD 2-4PM
1610 LEE ST $449,000 4 3 2616 SPLIT 1-3PM
17930 MEADOWLARK LN $515,000 4 4 3300 DAYRNCH 1-3PM
15633 FIELDSTONE DR $618,950 4 2.1 3047 TRAD 12-2PM
5533 FIELDSTONE CT $628,950 4 2.1 3115 TRAD 12-2PM
14785 UPLANDS DR $635,000 5 3 3325 CONTEMP,DAYRNCH 1-3PM
15622 FIELDSTONE DR $668,950 3 2.1 3113 TRAD 12-2PM
5056 DENTON DR $684,900 4 2.1 3067 TRAD 1:30-5PM
5604 GRAND OAKS DR $689,000 5 3 3676 TRAD 1-4PM
17601 WOODHURST PL $699,000 3 2.2 3272 ENGLISH 1-3PM
17930 BLUE HERON DR $799,000 5 4.1 5069 CONTEMP 2-4PM
4767 DOGWOOD DR $839,900 4 2.1 3964 TRAD 2-4PM
2650 GLEN EAGLES RD $875,000 3 4 3112 CONTEMP 1-3PM
17282 LAKE HAVEN DR $1,199,000 4 2.1 3662 TRAD 1:30-4PM
18308 MEADOWLARK LN $1,395,000 4 3.3 7341 CONTEMP 1-3:;30PM
1300 SKYLAND DR $1,399,900 4 4.2 6311 TRAD,CUSTOM 1-4PM

Market Activity for 9/26 to 10/2, 2011

In Lake Oswego last week there were 14 new listings, 16 pending sales, and 10 closed sales.
See below for further details:

NEWLY LISTED (Sept. 26 to Oct. 2, 2011)

Address Type Price Sq FT BR Baths
18914 Longfellow Ave Detached $235,000 1232 3 1.5
16212 Lake Forest Blvd Detached $249,000 1267 3 2
3500 Red Cedar Way Detached $250,000 1769 3 2
6263 Childs Rd Detached $279,900 1600 3 2
113 Touchstone Attached $289,000 1838 2 2.5
589 Ridgeway Rd Detached $450,000 1736 3 2
13880 Knaus Rd Detached $520,000 3532 4 3.5
17160 Kelok Rd Detached $549,900 4650 4 4
3811 Carman Dr Detached $580,000 3028 4 2
17952 Cardinal Dr Detached $599,999 1702 4 2
15633 Fieldstone Dr Detached $618,950 3047 4 2.5
17601 Woodhurst Pl Detached 699,000 3272 3 2.5+.5
4767 Dogwood Dr Detached $839,900 3964 4 2.5
12900 Fielding Rd Detached $4,395,000 7527 6 7.5

PENDING SALES (Sept 26 to Oct 2, 2011)

Address Type Price Sq Ft BR Baths CDOM
12 Crestfield Ct Condo $44,900 552 1 1 74
48 Eagle Crest Dr 3B Condo $134,900 1489 2 2 37
5064 Foothills Dr H Condo $185,000 1252 3 2 203
4760 Lower Dr Detached $229,900 2324 3 3 44
3305 Upper Dr Detached $299,999 1484 3 2 172
1286 Rockinghorse Ln Detached $309,000 1883 3 2.5 316
18715 Indian Creek Dr Detached $339,825 1976 3 2 244
1214 Hallinan Circle Detached $342,000 1748 3 2 7
17071 Rebecca Ln Detached $379,900 2230 4 3 129
4693 Lakeview Blvd Detached $429,950 2021 3 2 120
4729 Firwood Rd Detached $489,500 2594 3 2.5 127
18462 Anduin Terr Detached $524,900 2982 4 2.5 71
215 Chandler Pl Detached $895,000 3118 3 2.5 355
1066 Northshore Rd Detached $1,195,000 4224 4 5.5 239
1715 Edgecliff Terr Detached $1,295,000 4929 4 4.5 475
2936 Lakeview Blvd Detached $1,888,000 4179 5 3.5 120

SOLD (Sept 26 to Oct 2, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
4454 Thunder Vista Ln $170,000 $157,000 Condo 2060 158
16443 Lake Forest Blvd $249,900 $206,000 Detached 1474 47
5139 Tualata Ln $257,900 $262,000 Detached 1524 6
55 Northshore Rd #4 $289,000 $289,000 Condo 1554 18
17095 Rebecca Ln $399,900 $375,000 Detached 2350 84
19285 Megly Ct $539,900 $479,900 Detached 3275 203
605 4th St $525,000 $518,000 Detached 1880 30
5511 Fieldstone Ct $638,950 $615,000 Detached 3037 629
17460 Wren Ct $995,900 $850,000 Detached 3305 180
3328 Lakeview Blvd $3,750,000 $2,565,000 Detached 6675 471

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

Open Houses for October 2, 2011

Along with letting you know about the open houses scheduled for this Sunday, I want to share an a quick bit of wisdom. I am currently working with an investor who is doing a 1031 exchange following the passing of his parents who were first-generation immigrants. They came to this country, worked hard, and invested in real estate. With their passing, their children are now coming into a fairly substantial amount of money. Following their parents advice, they too are investing in real estate. Their parents words of wisdom: invest in what you can sweep.

Love it!

Here are the open houses to anticipate this Sunday. Have a great weekend.

Address Price Bedrooms Baths Open
1674 Fircrest Ct $254,900 4 2 1 to 3:15
2125 Wembley Pl $349,000 3 2.5 1 to 3
1875 Mapleleaf Rd $389,500 4 2 11 to 1
312 4th St $399,000 2 2.5 1 to 3
4671 Lakeview Blvd $429,950 3 2 12 to 3
908 Cumberland Pl $474,900 4 3 1 to 4
5428 Southwood Dr $575,000 4 3 1 to 3
15633 Fieldstone Dr $618,950 4 2.5 1 to 3
17997 Braeden Ct $619,740 4 3 1 to 4
5533 Fieldstone Ct $628,950 4 2.5 1 to 3
15622 Fieldstone Dr $668,950 3 2.5 1 to 3
14231 Dolph Ct $685,000 4 2 1 to 4
5604 Grand Oaks Dr $689,000 5 3 1 to 4
14599 Fosberg Rd $759,000 4 3.5 1 to 3
2311 Oswego Glen Ct $899,999 4 4 12 to 2
17282 Lake Haven Dr $1,199,000 4 2.5 1:30 to 4

Open Houses for September 4th, 2011

It sure does feel like a holiday weekend when I see just 4 houses being held open in Lake Oswego this Sunday. Make the most of it and get out to see some houses!

Address Price Bedrooms Baths Open
16890 Cortez Ct $299,500 4 3 2 to 4
19443 Kokanee Ct $405,000 4 2.5 1 to 4
5843 Ridgetop Ct $499,950 4 3 1 to 3
17503 Cherry Ct $799,950 4 3.5 2 to 5