Market Activity for December 14-20, 2009

This past week we had 8 new listings, 12 pending sales, and 7 closed sales. I expect this week to be slow as everyone gets into all of the events of the holidays.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Dec. 14—Dec.20, 2009)

Address List Price # Beds # Baths Total SF Prop Type List Date
47 EAGLE CREST DR $89,500 1 1 696 CONDO 12/14/2009
100 KERR PKWY $97,000 1 1 617 CONDO 12/18/2009
12 WHEATHERSTONE $285,000 3 2.1 1,692 ATTACHD 12/20/2009
210 S STATE ST $339,000 2 1.1 1,495 CONDO 12/15/2009
5511 FIELDSTONE CT $675,000 4 2.1 3,032 DETACHD 12/15/2009
5533 FIELDSTONE CT $695,000 4 2.1 3,112 DETACHD 12/15/2009
1703 VILLAGE PARK LN $789,000 3 2.1 3,450 DETACHD 12/14/2009
17288 LOWENBERG TER $897,000 4 3.1 3,245 DETACHD 12/14/2009

PENDING SALES (Dec. 14 – Dec. 20, 2009)

Address List Price # Beds # Baths Total SF Prop Type CDOM
Address List Price #BR #BTHS Total SF Prop Type CDOM
668 MCVEY AVE $179,900 2 1.1 985 ATTACHD 1124
5064 FOOTHILLS DR $199,900 3 2 1,252 CONDO 168
14431 SHERBROOK PL $285,000 4 3 3,284 DETACHD 365
520 9TH ST $325,000 3 2 1,148 DETACHD 151
16824 INVERURIE RD $335,000 3 3 1,896 DETACHD 244
8 WALKING WOODS DR 399900 – 429900 4 3 3,302 DETACHD 303
15943 WHITE OAKS DR $430,000 4 2.1 2,773 DETACHD 242
5948 BAY POINT DR $484,950 4 2.1 2,421 DETACHD 226
34 HILLSHIRE DR 565000 3 2.1 3,822 DETACHD 699
17675 CARDINAL DR 599000 3 3 3,458 DETACHD 294
13010 KNAUS RD 995000 4 3.1 4,312 DETACHD 1128
15481 TWIN FIR RD 999000 4 4.1 4,821 DETACHD 593

SOLD (Dec. 14 – Dec. 20, 2009)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
113 KINGSGATE RD $309,000 $255,000 3 2 1,436 DETACHD 94
200 BURNHAM RD $399,000 $275,000 3 2 1,960 CONDO 294
3521 LANEWOOD ST $399,500 $394,500 3 1.1 1,675 DETACHD 5
13584 TWIN CREEK LN $449,900 $435,000 4 2.1 2,615 DETACHD 2
12430 ORCHARD HILL RD $649,950 $550,000 3 2.1 2,985 DETACHD 201
4304 WESTBAY RD $629,900 $600,000 4 3.1 2,914 DETACHD 153
762 3RD ST $639,900 $610,000 3 2.1 2,590 DETACHD 309

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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