Lake Oswego saw 13 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). There were actually 27 properties showing “new” on RMLS in Lake Oswego and as you can see, only 13 of them were truly new listings. We had 3 go pending, and 4 that closed.
There are all told, 300 residential properties for sale in Lake Owego on RMLS right now ranging from $76,500. to $19,500,000.
Now that we are into Daylight Savings Time, and are seeing the first hints that Spring is on the way, market activity typically begins to increase. There are many reasons for this, but the beautiful flowering of trees and gardens we’ll see shortly, teasers of sunny stretches (that make us think it is Summer already!), and of course the perception of longer days are not to be underestimated… I call these “human factors”. But then, all home buying and selling is based on human factors. Speaking of which… Is there a change you have been wanting to make in your life through buying and/or selling a home? If so, we would of course be happy to serve you in making your dreams a reality. Feel free to call or email anytime… We love hearing from our local and out-of-state readers, and enjoy meeting you and getting you settled in Lake Oswego!
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (March 2—March 8, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
LIST DATE
|
| Address | List Price | # Beds | # Baths | Tot. SF | Prop Type | List Date |
| 44 EAGLE CREST DR | $124,950 | 1 | 1 | 798 | CONDO | 3/4/2009 |
| 86 KINGSGATE RD | $161,000 | 2 | 2 | 840 | CONDO | 3/2/2009 |
| 48 EAGLE CREST DR | $208,000 | 2 | 2 | 1,489 | CONDO | 3/8/2009 |
| 197 OSWEGO SMT | $264,197 | 2 | 2 | 1,383 | CONDO | 3/3/2009 |
| 605 Ash ST | $279,900 | 3 | 2 | 1,528 | DETACHD | 3/4/2009 |
| 2001 BONNIEBRAE DR | $299,000 | 3 | 2.1 | 1,819 | ATTACHD | 3/2/2009 |
| 1140 HALLINAN CT | $339,895 | 3 | 2 | 1,875 | DETACHD | 3/8/2009 |
| 5785 SW CARMAN DR | $364,800 | 3 | 1.1 | 1,934 | DETACHD | 3/4/2009 |
| 907 BULLOCK ST | $369,950 | 4 | 2 | 2,020 | DETACHD | 3/4/2009 |
| 5675 CHILDS RD | $419,000 | 2 | 2.1 | 1,644 | DETACHD | 3/5/2009 |
| 2838 GREENTREE RD | $429,950 | 4 | 2.1 | 1,781 | DETACHD | 3/3/2009 |
| 550 MIDDLECREST RD | $749,900 | 3 | 2.1 | 2,240 | DETACHD | 3/4/2009 |
| 100 3RD ST | $2,495,000 | 3 | 3.1 | 3,600 | DETACHD | 3/2/2009 |
PENDING SALES (March 2—March 8, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQFT
|
PROP TYPE |
DOM
|
| Address | List Price | # Beds | # Baths | Tot. SF | Prop Type | CDOM |
| 5063 FOOTHILLS DR | $230,000 | 2 | 2 | 991 | CONDO | 8 |
| 3190 DUNCAN DR | $289,900 | 3 | 2.1 | 2,401 | DETACHD | 80 |
| 1265 ROCKINGHORSE LN | $444,000 | 4 | 3 | 2,402 | DETACHD | 237 |
SOLD (March 2—March 8, 2009)
| ADDRESS | ORIG. PRICE | SALE PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | O/Price | Close Price | # Beds | # Baths | Tot. SF | Prop Type | CDOM |
| 136 OSWEGO SMT | $142,000 | $140,000 | 1 | 1 | 764 | CONDO | 10 |
| 3433 MCNARY PARKWAY | $189,900 | $167,000 | 2 | 2.1 | 1,208 | CONDO | 105 |
| 95 KINGSGATE RD | $325,000 | $314,500 | 3 | 2.1 | 1,669 | DETACHD | 51 |
| 353 ASH ST | $409,900 | $409,000 | 3 | 3.1 | 2,765 | DETACHD | 96 |
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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.