Market Activity – March 24-30, 2008

Good news for housing inventory in the Lake Oswego real estate. Closed and pending sales were nearly equal to the number of new listings added to the market during the week of March 24 through March 30. With homes sold down around 30+% year-to-date compared to last year, it’s good see sales and new listings keeping pace with each other.

Here are the Lake Oswego real estate market statistics for the week (look to the bottom for definitions and research criteria):

New Listings

Address List Price Tot Beds Tot Baths Tot Sq Ft Prop Type List Date
47 EAGLE CREST DR
$128,500
1
1
666
CONDO
3/28
4000 CARMAN DR
$187,900
2
2
1,100
CONDO
3/30
5555 SW BONITA RD
$309,000
3
2
1,955
DETACHD
3/27
4902 SW CHILDS RD
$385,000
3
1.1
1,370
DETACHD
3/29
5322 CHARLETON CT
$399,990
3
2.1
1,633
DETACHD
3/27
1790 YARMOUTH CIR
$449,000
2
2
1,551
DETACHD
3/27
1725 FERNWOOD DR
$460,000
4
2
1,580
DETACHD
3/28
19026 SW INDIAN SPRINGS RD
$465,000
3
3
3,135
DETACHD
3/25
1480 HEMLOCK ST
$488,850
4
3
2,246
DETACHD
3/24
918 LAKE FRONT RD
$534,950
2
1
921
DETACHD
3/28
80 TANGLEWOOD DR
$549,000
5
3
2,713
DETACHD
3/30
16913 CANAL CIR
$599,000
3
1.1
2,525
DETACHD
3/27
2584 PARK RD
$679,000
4
2
2,302
DETACHD
3/28
18269 TAMAWAY DR
$729,000
4
2.1
3,293
DETACHD
3/27
4211 CHAD DR
$1,096,000
5
3.1
3,937
DETACHD
3/24
17385 WALL ST
$1,100,000
4
3
3,665
DETACHD
3/28
2680 GLEN EAGLES RD
$1,199,000
3
3
3,000
DETACHD
3/26
19422 SW Lorna LN
$1,225,000
5
3.1
4,011
DETACHD
3/28
567 10th ST
$1,350,000
4
3.1
4,470
DETACHD
3/24
12210 SW ORCHARD HILL RD
$1,695,000
4
3.2
4,640
DETACHD
3/27
2880 UPPER DR
$1,790,000
5
4.1
5,634
DETACHD
3/27

Pending Sales

Address List Price Tot Beds Tot Baths Tot Sq Ft Prop Type DOM
55 OSWEGO SMT
$145,900
1
1
721
CONDO
78
18005 SW BELMORE AVE
$295,000
3
1
1,012
DETACHD
48
16 Aquinas ST
$334,900
3
2
1,569
DETACHD
73
615 LAKE BAY CT
$399,950
4
2
2,542
DETACHD
2
1720 WOODLAND TER
$489,900
4
2.1
2,786
DETACHD
8
6238 SUMMER WOODS
$499,900
4
2.1
2,328
DETACHD
234
4210 VIRGINIA WAY
$869,000
4
4.1
3,423
DETACHD
137
17577 BROOKHURST DR
$898,000
3
2.1
3,894
DETACHD
128
18323 LOTHLORIEN WAY
$949,000
4
3.1
3,550
DETACHD
34
635 IRON MOUNTAIN BLVD
$1,599,000
5
3.1
4,658
DETACHD
148
12210 SW ORCHARD HILL RD
$1,695,000
4
3.2
4,640
DETACHD
251
128 NORTHSHORE CIR
$1,799,000
3
3.1
3,261
DETACHD
273

Sold Properties

Address Sale Price Tot Beds Tot Baths Tot Sq Ft Prop Type DOM
4000 CARMAN DR
$135,000
1
1
836
CONDO
61
86 KINGSGATE RD
$167,000
2
2
849
CONDO
13
668 McVey AVE
$194,000
2
1.1
976
CONDO
200 BURNHAM RD
$195,000
2
1
1,173
CONDO
605
1160 BOCA RATAN DR
$280,000
3
2
1,611
ATTACHD
58
4537 HERITAGE LN
$325,000
3
2.1
1,619
DETACHD
96
6218 SW Nokomis CT
$329,000
4
2
1,560
DETACHD
220
16250 Pacific Hwy (Hwy 43)
$350,000
2
2
1,200
CONDO
615
19166 OLSON AVE
$455,000
4
3
2,996
DETACHD
140
1731 CONIFER TER
$456,500
4
2
1,952
DETACHD
349
55 TANGLEWOOD DR
$490,000
4
2.1
2,465
DETACHD
91
15420 BOONES WAY
$1,169,000
3
2.1
3,364
ATTACHD
0

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.