Market Activity Report ~ May 11 – 17, 2009

This last week Lake Oswego saw 23 new properties placed on the market, Pending sales at 12 and 4 Sold/closed. We’re still seeing buyers out for all price ranges, and the trend continuing of newer listings selling as well as homes that have been on the market for extended periods… it is one or the other it seems!

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (May 11—May 17, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price # Beds # Baths Total SF Prop Type List Date
45 EAGLE CREST DR $134,900 2 1.1 1,056 CONDO 5/14/2009
3433 MCNARY PKWY $157,500 2 2.1 1,208 CONDO 5/11/2009
86 KINGSGATE RD $159,900 2 2 924 CONDO 5/11/2009
45 EAGLE CREST DR $259,900 3 2 1,348 CONDO 5/13/2009
222 CERVANTES $259,990 3 1.1 1,464 CONDO 5/15/2009
16850 CORTEZ CT $285,000 4 1.1 1,232 DETACHD 5/12/2009
16501 LAKE FOREST BLVD $319,900 3 1 1,429 DETACHD 5/13/2009
13024 ROGERS RD $389,900 4 1 1,826 DETACHD 5/15/2009
12519 27TH PL $399,000 3 2.1 1,975 DETACHD 5/11/2009
4181 COBB WAY $429,900 4 3 2,248 DETACHD 5/14/2009
17825 SARAH HILL LN $464,900 4 2.1 2,525 DETACHD 5/15/2009
14 TANGLEWOOD DR $499,999 5 3 3,384 DETACHD 5/14/2009
2062 CEDAR CT $525,000 3 1 1,800 DETACHD 5/15/2009
17445 LAKE HAVEN DR $539,900 4 3 2,949 DETACHD 5/11/2009
4040 VIRGINIA WAY $595,000 4 2.1 2,484 DETACHD 5/11/2009
18490 RAY RIDGE DR $679,900 4 3 3,426 DETACHD 5/15/2009
17455 BLUE HERON RD $850,000 3 2 2,572 DETACHD 5/13/2009
3967 CANAL RD $1,150,000 4 4 3,800 DETACHD 5/12/2009
2625 SUMMIT DR $1,337,500 4 3.1 4,212 DETACHD 5/11/2009
624 ATWATER RD $1,438,000 5 3.1 4,465 DETACHD 5/11/2009
18977 BARTON RD $1,695,000 4 3.1 4,648 DETACHD 5/15/2009
397 FURNACE ST $1,850,000 3 2.1 2,864 DETACHD 5/13/2009
13701 GOODALL RD $2,475,000 4 4.1 6,028 DETACHD 5/14/2009

PENDING SALES (May 11-May 17, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price # Beds # Baths Total SF Prop Type List Date CDOM
1897 BOCA RATAN DR $237,100 3 2.1 1,739 ATTACHD 4/13/2009 33
5101 JEAN RD $242,000 3 1 1,012 DETACHD 1/22/2009 233
200 Burnham RD $264,850 2 2 1,313 CONDO 6/30/2007 682
1615 HALLINAN ST $279,000 3 1.1 1,500 DETACHD 2/17/2009 86
1107 CEDAR ST $324,999 4 3 2,485 DETACHD 5/11/2009 4
18307 LONGFELLOW AVE $329,900 3 2 1,457 DETACHD 5/7/2009 262
18929 TERRY AVE $356,950 4 2 2,065 DETACHD 3/30/2009 44
2317 STONEHURST CT $749,900 4 2.1 4,455 DETACHD 5/1/2009 374
13874 TAYLORS CREST LN $750,000 4 2.1 3,701 DETACHD 5/11/2009 3
5513 RACHEL LN $799,999 4 2.1 3,149 DETACHD 4/16/2009 435
18224 Bella Terra DR $1,294,000 4 4 4,050 DETACHD 4/11/2008 397

SOLD (May 11-May 17, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Total SF Prop Type List Date CDOM
4 TOUCHSTONE $93,000 $86,000 2 2 979 CONDO 4/10/2009 10
5235 OAKRIDGE RD $324,900 $290,000 3 2.1 1,576 DETACHD 11/18/2008 129
5441 DENTON DR $599,000 $599,000 3 2.1 3,331 DETACHD 1/26/2009 242
17706 MARYLBROOK DR $685,000 $623,500 3 2.2 3,039 DETACHD 12/14/2008 392

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.

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