Market Activity Report for September 21-27, 2009

Last week brought 17 new listings onto the market, 17 pending sales, and 9 closed sales. Of note, at least to me, is that 2 of the closed sales were condos in the 555 building on Second Street. That development is high-end condos that are all on one-level and accessed by elevators. They are ideal for someone downsizing out of their big house for retirement. It’s a great location that is walking distance to downtown, the farmer’s market, the library, and the Adult Community Center. I think the condo market has taken a worse beating in this downturn than the single family residential market. So it’s good to see a couple of these high-end condos selling.

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

NEWLY LISTED (Sept. 21—27, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price # BR # BTHS Total SF Prop Type List Date
47 EAGLE CREST DR $119,900 2 1 932 CONDO 9/25/2009
3930 LAKE GROVE AVE $144,900 2 1 952 CONDO 9/26/2009
15 OSWEGO SMT $169,900 2 2 1,212 CONDO 9/24/2009
18462 DON LEE WAY $239,500 4 2 1,904 DETACHD 9/22/2009
5056 FOOTHILLS DR $299,900 2 2 1,252 CONDO 9/21/2009
1709 ASPEN CT $317,000 3 2 1,561 DETACHD 9/23/2009
18620 INDIAN CREEK DR $424,000 3 2 2,046 DETACHD 9/23/2009
1790 YARMOUTH CIR $424,995 2 2 1,473 DETACHD 9/21/2009
4 ICARUS LOOP $449,000 4 2.1 2,743 DETACHD 9/27/2009
17336 HUNTER CT $549,900 3 2.1 3,004 DETACHD 9/24/2009
1060 UPPER DEVON LN $674,900 3 2.1 2,460 DETACHD 9/23/2009
5124 ROSEWOOD ST $685,950 5 3.1 3,510 DETACHD 9/23/2009
18096 PILKINGTON RD $749,000 4 2.1 3,200 DETACHD 9/23/2009
467 9th ST $775,000 3 2.1 2,700 DETACHD 9/25/2009
453 9th ST $775,000 3 2.1 2,700 DETACHD 9/25/2009
2445 GLENMORRIE DR $1,495,000 4 5 4,663 DETACHD 9/22/2009
1870 TWIN POINTS RD $2,200,000 4 3 4,448 DETACHD 9/22/2009

PENDING SALES (Sept 21 -27, 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
340 CERVANTES CIR $110,000 2 1.1 912 CONDO 122
32 OSWEGO SMT $124,900 1 1 752 CONDO 497
86 KINGSGATE RD $138,000 2 2 924 CONDO 172
45 EAGLE CREST DR $139,900 1 1 768 CONDO 125
73 OSWEGO SMT $164,900 2 2 1,212 CONDO 409
458 STATE ST $199,900 2 1 800 CONDO 122
195 OSWEGO SMT $219,900 2 2 1,506 CONDO 343
16651 LAKE FOREST BLVD $239,900 3 1 1,230 DETACHD 237
16650 Fir LN $325,000 3 2 1,384 DETACHD 20
2961 DELLWOOD DR $350,000 3 3 2,476 DETACHD 192
17622 BROOKHURST DR $350,000 4 2.1 2,909 DETACHD 429
627 1ST ST $399,000 2 2 2,090 DETACHD 241
1531 WOODLAND TER $414,000 3 2.1 1,895 DETACHD 139
13531 FIELDING RD $650,000 4 3.1 4,629 DETACHD 463
5329 Langford LN $719,000 3 2.1 2,962 DETACHD 302
1708 VILLAGE PARK LN $899,000 4 2.1 3,211 DETACHD 13
17211 KELOK RD $1,399,000 3 3.1 5,384 DETACHD 112

SOLD (Sept 21-27, 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
17928 ROYAL CT $299,900 $267,250 3 2 1,272 DETACHD 111
4 WHEATHERSTONE $334,950 $330,000 3 2.1 1,692 CONDO 86
126 CONDOLEA DR $549,000 $391,500 3 3 2,664 CONDO 680
559 2ND ST $665,115 $580,000 2 2 1,529 CONDO 923
20 DA VINCI ST $599,900 $585,000 5 3 3,089 DETACHD 25
575 2ND ST $832,200 $592,300 2 2.1 1,752 CONDO 887
100 GARIBALDI ST $1,349,900 $925,000 5 3.2 4,669 DETACHD 334
1149 LAKESHORE RD $1,295,000 $1,115,000 4 2.1 2,660 DETACHD 143
128 NORTHSHORE CIR $1,799,000 1290000 3 3.1 3,550 DETACHD 764

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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2 Replies to “Market Activity Report for September 21-27, 2009”

  1. Thank you so much for catching this mistake. I think I am guilty of chronic abuse of copy and paste. It’s now fixed. I appreciate that you caught the mistake and let me know.
    Dianne

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