Market Activity Report ~ Nov. 23 – 29, 2009

There are 7 truly NEW properties in Lake Oswego this last week, 10 that went to PENDING status, and 8 that SOLD. We are doing pretty well this year as last year at this same time, while we also had 7 NEW, only 4 were PENDING and 4 SOLD. You’ll notice that last week, of 6 NEW listings, 5 of them were under $400,000. 6 out of 10 PENDING were also under $400,000, and 5 out of 8 SOLD were as well.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Nov. 23—Nov.29, 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
5852 LAKEVIEW CT $205,000 2 1 1,032 DETACHD 11/23/2009
16111 LINDSAY CT $347,500 3 2.1 1,840 DETACHD 11/27/2009
454 5TH ST $350,000 2 1.1 1,092 ATTACHD 11/28/2009
19167 LONGFELLOW AVE $375,000 3 2.1 1,782 ATTACHD 11/23/2009
627 1ST ST $375,500 2 2 2,090 DETACHD 11/27/2009
18269 TAMAWAY DR $569,000 4 2.1 3,293 DETACHD 11/25/2009
355 6TH ST $599,900 3 3.1 2,258 ATTACHD 11/29/2009

PENDING SALES (Nov. 23 -Nov. 29, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD $127,000 2 2 924 CONDO 236
26 WHEATHERSTONE $225,000 3 2.1 1,692 CONDO 135
16584 ROOSEVELT AVE $245,000 3 1 1,188 DETACHD 171
5686 WASHINGTON CT $259,900 2 2 1,342 DETACHD 25
113 KINGSGATE RD $275,900 3 2 1,436 DETACHD 94
18922 REDWING WAY $379,900 4 2 2,076 DETACHD 105
4 ICARUS LOOP $449,000 4 2.1 2,743 DETACHD 57
5502 Langford LN $699,000 3 2.1 2,957 DETACHD 366
4380 UPPER DR $708,900 5 4.1 4,071 DETACHD 111
17345 BERGIS FARM DR $1,249,900 4 3.2 5,199 DETACHD 665

SOLD (Nov. 23-Nov. 29, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Sale Price # Beds # Baths Total SF Prop Type CDOM
36 CERVANTES CIR $159,900 $142,000 2 1.1 912 CONDO 337
73 OSWEGO SMT $164,900 $145,000 2 2 1,212 CONDO 440
16600 BRYANT RD $249,900 $224,000 3 2 1,877 DETACHD 106
3497 DEVONSHIRE DR $259,900 $249,000 3 2 1,556 ATTACHD 145
1991 MAPLELEAF RD $309,900 $309,000 3 2 1,456 DETACHD 14
1032 LAUREL ST $424,000 $400,000 4 2 2,384 DETACHD 86
18410 DEERBRUSH AVE $495,000 $450,000 4 2.1 2,217 DETACHD 78
1924 CHERYL CT $1,299,000 $1,200,000 4 4.2 5,204 DETACHD 785

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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