Market Activity for July 27th to August 2nd, 2009

Last week was really interesting as far as market activity. We had 20 new listings and 21 pending sales. I think that’s the first week that I’ve seen in months where we actually had more houses sold than houses coming onto the market. Also interesting is that key box activity was down. This means that fewer key boxes were being opened. As you are probably aware, we had a heat wave with pretty much every day over 90 and several in a row over 100. So people were not out in large numbers getting into houses, but those who did were serious buyers and making offers. We had 13 closed sales.

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

NEWLY LISTED (July 27—August 2, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price # BR # BHTS Total SF Prop Type List Date
100 KERR PKWY $91,800 1 1 671 CONDO 7/31/2009
48 EAGLE CREST DR $248,900 3 2 1,623 CONDO 7/28/2009
18231 TERRY AVE $399,900 3 2 1,764 DETACHD 7/31/2009
13045 PRINCETON CT $449,000 3 2.1 2,900 DETACHD 7/26/2009
13821 REGENCY CT $450,000 4 2.1 2,139 DETACHD 7/31/2009
18410 DEERBRUSH AVE $495,000 4 2.1 2,217 DETACHD 7/27/2009
4673 Lakeview ST $499,000 3 2.1 1,900 DETACHD 7/31/2009
4018 COHO LN $539,000 3 2 2,489 DETACHD 7/31/2009
149 DEL PRADO ST 585000 4 3.1 3,266 DETACHD 7/30/2009
18116 PIONEER CT 589900 5 3 3,500 DETACHD 8/1/2009
1970 GREENTREE RD 624900 4 3 2,428 DETACHD 7/30/2009
844 5TH ST 849900 3 3 2,590 DETACHD 7/28/2009
17606 WOODHURST PL 850000 5 3.1 4,488 DETACHD 7/27/2009
18360 DELENKA LN 898000 4 3.1 4,346 DETACHD 7/30/2009
4211 CHAD DR 949000 5 3.1 3,937 DETACHD 7/29/2009
737 COUNTRY CLUB RD 1095000 4 2.1 3,100 DETACHD 7/31/2009
1560 COUNTRY COMMONS LN 1099000 4 3.5 4,638 DETACHD 7/30/2009
17677 WESTVIEW DR 1423000 5 4.1 5,031 DETACHD 7/27/2009
16764 ALDER CIR 1679000 4 4.1 3,456 DETACHD 7/30/2009
1790 SKYLAND DR 1695000 5 4.1 6,033 DETACHD 7/29/2009

PENDING SALES (July 27-August 2, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address Close Price List Price # BR # BTHS Total SF Prop Type CDOM
15210 BOONES WAY $170,000 2 2 1,185 CONDO 50
12844 BOONES FERRY RD $229,900 2 2.1 1,136 CONDO 135
1889 BOCA RATAN DR $229,900 3 2 1,393 ATTACHD 7
16651 LAKE FOREST BLVD $257,900 3 1 1,230 DETACHD 184
68 TOUCHSTONE $299,000 5 4.1 3,148 DETACHD 104
655 HEMLOCK ST $314,900 3 1.1 1,352 DETACHD 16
800 WOODWAY CT $325,000 4 3 2,066 DETACHD 107
1307 CEDAR ST $350,000 4 3 2,054 DETACHD 253
17501 HILL WAY 369900 3 2 1,694 DETACHD 6
6109 SUMMER WOODS 390000 4 2.1 2,331 DETACHD 254
2802 GREENTREE RD 449500 3 2.1 2,280 DETACHD 3
16439 LEXINGTON CT 474900 2 2 1,563 DETACHD 49
101 3RD ST 474900 3 2 1,447 CONDO 376
686 SUNNY HILL DR 569500 4 2.1 2,300 DETACHD 67
5568 KODERRA AVE 599000 4 2.1 3,072 DETACHD 196
14135 EDENBERRY DR 775000 4 2.1 3,174 DETACHD 98
755 6TH ST 1185000 4 3.1 3,973 DETACHD 639
3270 LAKEVIEW BLVD 1275000 3 3 3,295 DETACHD 147
14062 Goodall RD 1419000 4 3.1 4,220 DETACHD 404
13770 CAMEO CT 1998000 4 5.1 6,669 DETACHD 198
890 LAKESHORE RD 2275000 3 3.1 3,200 DETACHD 0

SOLD (July 27-August 2, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
100 SW KERR PKWY $97,900 $96,000 1 1 617 CONDO 70
86 KINGSGATE RD $139,900 $169,900 2 2 849 CONDO 419
47 EAGLE CREST DR $137,500 $135,200 2 1 932 CONDO 52
668 MCVEY AVE $383,500 $200,000 3 1.1 985 CONDO 982
5063 Foothills DR $259,000 $225,000 2 2 1,031 CONDO 213
4366 WOODSIDE CIR $349,000 $309,000 3 2.1 1,762 ATTACHD 97
17280 WESTVIEW DR $399,900 $340,000 3 2.1 2,324 DETACHD 31
4959 BILFORD LN $547,500 $499,900 3 2.1 2,456 DETACHD 45
4114 GLACIER LILY ST $559,000 515000 4 2.1 2,470 DETACHD 65
17215 LOWENBERG TER $850,000 804000 4 2.1 2,819 DETACHD 550
14067 GOODALL RD $1,249,000 950000 4 3.1 3,784 DETACHD 759
975 LAKE FRONT RD $2,100,000 1500000 3 3 3,232 DETACHD 293
1915 SW CHILDS RD $2,199,000 1500000 5 5.2 5,689 DETACHD 397

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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