Market Activity Update – March 16 – 22, 2009

Lake Oswego saw 15 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).  We had 8 go pending, and 9 that closed.

This is a great time to buy! (no smoke here : )  Rates are great, new & intriguing loan programs are popping up all over the place, and houses appear to be finally jiving with the “reality meter” for Buyers. 

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 16—March 22, 2009)

Address List Price # Beds # Baths Tot. SF Prop Type List Date
100 KERR PKWY $132,500 2 1.1 823 CONDO 3/16/2009
15868 PARKER RD $187,500 2 1 780 DETACHD 3/17/2009
11 OSWEGO SMT $194,900 2 2 1,212 CONDO 3/16/2009
45 EAGLE CREST DR $210,000 2 2 1,046 CONDO 3/21/2009
12844 BOONES FERRY RD $257,000 2 2.1 1,398 CONDO 3/16/2009
2 SUMMIT RIDGE CT $354,900 2 2.1 1,750 ATTACHD 3/18/2009
5214 LOWER DR $459,900 4 2.1 2,904 DETACHD 3/19/2009
12735 Alto Park RD $495,000 3 2 1,685 DETACHD 3/20/2009
17860 Sundown CT $499,900 4 3.1 3,480 DETACHD 3/20/2009
1866 KILKENNY DR $511,100 4 3.1 3,600 DETACHD 3/19/2009
15535 VILLAGE DR $799,000 5 3 3,421 DETACHD 3/21/2009
17212 CHAPIN WAY $850,000 3 2.1 2,541 DETACHD 3/17/2009
2 GROUSE TER $989,000 4 3 4,446 DETACHD 3/17/2009
1149 LAKESHORE RD $1,295,000 4 2.1 2,606 DETACHD 3/20/2009
1005 COUNTRY CLUB RD $1,999,000 5 4 5,000 DETACHD 3/18/2009

PENDING SALES (March 16—March 22, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type List Date CDOM
4 TOUCHSTONE DR $137,500 3 2.1 1,351 CONDO 1/26/2009 52
15570 WALUGA DR $325,000 3 3 1,577 DETACHD 3/21/2009 265
16 PARTRIDGE LN $398,000 3 2.1 2,304 DETACHD 1/30/2009 48
1043 HALLINAN ST $399,900 4 2.1 2,484 DETACHD 9/3/2008 196
13222 DEERFIELD CT $649,000 4 2.1 3,022 DETACHD 1/22/2009 331
14133 AMBERWOOD CIR 750000 – 800000 4 2.1 3,200 DETACHD 6/12/2008 278
1667 VILLAGE PARK LN $899,900 6 3.1 4,743 DETACHD 2/18/2009 279
1961 SUMMIT DR $915,000 3 2.1 3,218 DETACHD 6/21/2008 268

SOLD (March 2—March 8, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address Orig Price Sale Price # Beds # Baths Tot. SF Prop Type List Date CDOM
6291 HARRINGTON AVE $249,900 $239,900 3 2 1,472 DETACHD 1/6/2009 10
4070 WESTBAY RD $350,000 $279,000 1 1 1,828 DETACHD 7/15/2008 0
17304 MARJORIE AVE $333,000 $317,125 3 1.1 1,340 DETACHD 2/3/2009 16
4 OTHELLO ST $434,900 $390,000 4 3 2,184 DETACHD 11/5/2008 111
1480 HEMLOCK ST $488,850 $410,000 4 3 2,246 DETACHD 3/24/2008 305
221 HIDALGO ST $419,500 $420,000 3 2.1 2,628 DETACHD 2/16/2009 13
178 PINE VALLEY RD $475,000 $455,000 5 3.1 2,999 DETACHD 2/12/2009 6
17454 CANAL (boat esmnt) CIR $789,900 $545,900 4 3 2,275 DETACHD 4/19/2008 261
1670 PINE ST $679,987 $579,900 4 3.1 3,286 DETACHD 11/5/2008 110

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.

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