Market Activity June 4-10, 2012

Last week there were 21 new listings, 27 homes became pending sales, and 13 closed sales. The thing that caught my eye doing this activity report is that of the 27 pending sales, 13 sold in 10 days or less.

I’ve also got to share a recent experience. Working with buyers who had seen everything on the market in their price range in Lake Oswego, we were actively pursuing the new listings. A house, at a good price, came on the market in a high-end subdivision. We saw it the first day it was listed in the RMLS. My clients really liked the house and we spent about 45 minutes looking it over. When we openned the door to leave, there was a line in the driveway of Realtors and buyers. Seriously, a line was in the driveway. It’s fair to say that the house sold that day, to my clients. It was a bidding war. I haven’t seen anything like that in, well, 5 years.

New Listings

6351 Burma Rd, detached, $230,000, 2 BR, 1 Bth, 2016 SF

4291 Woodside Circle, attached, $249,900, 3 BR, 2 Bths, 2026 SF

80 Greenridge Ct, condo, $275,000, 3 BR, 3 Bths, 1824 SF

17736 Cardinal Ct, detached, $379,900, 4 BR, 2.5 Bths, 2640 SF

1419 Hemlock Ct, detached, $395,000, 5 BR, 3 Bths, 2532 SF

4 Grouse Terr, detached, $400,000, 3 BR, 3.5 Bths, 3371 SF

1611 Lee St, detached, $429,900, 3 BR, 2.5 Bths, 2402 SF

17 Condolea Dr, condo, $435,000, 3 BR, 2.5 Bths, 2198 SF

1429 Greentree Circle, $472,900, 4 BR, 1.5+.5 Bths, 2599 SF

18123 Westview Dr, detached, $474,900, 3 BR, 2.5 Bths, 2608 SF

3838 Rivers Edge Dr, detached, $525,000, 3 BR, 2.5 Bths, 2806 SF

17357 Oak Meadow Ln, detached, $535,000, 4 BR, 2.5 Bths, 3274 SF

1607 Pine St, detached, $549,000, 4 BR, 2.5 Bths, 2943 SF

2574 Glen Eagles Pl, detached, $599,000, 4 BR, 3 Bths, 2639 SF

18160 Delenka Ln, detached, $659,950, 4 BR, 3 Bths, 3663 SF

4301 Upper Dr, detached, $739,000, 4 BR, 3 Bths, 3415 SF

475 10th St, detached, $739,000, 5 BR, 3 Bths, 2932 SF

4912 Firwood Rd, detached, $1,175,000, 4 BR, 4 Bths, 5640 SF

1655 Edgecliff Terr, detached, $1,250,000, 4 BR, 3.5 Bths, 3416 SF

612 Ridgeway Rd, detached, $2,245,000, 4 BR, 3.5 Bths, 4106 SF

910 Northsore Rd, detached, $3,995,000, 4 BR, 6.5 Bths, 5203 SF

Pending Sales

5058 Foothills Dr A, condo, $179,900, 2 BR, 2 Bths, 1252 SF, 47 DOM

34 Condolea Dr, condo, $205,000, 2 BR, 2 Bths, 1420 SF, 4 DOM

16758 Graef Circle, detached, $259,000, 3 BR, 1 Bth, 1295 SF, 9 DOM

18680 Wood Duck Way, detached, $262,500, 3 BR, 2 Bths, 1784 SF, 46 DOM

1510 Spruce St, detached, $269,000, 3 BR, 2 Bths, 1242 SF, 5 DOM

17860 Pilkington Rd, detached, $275,000, 4 BR, 2 Bths, 1804 SF, 173 DOM

18280 Indian Creek Dr, detached, $293,000, 3 BR, 2 Bths, 1500 SF, 1 DOM

1401 Greentree Circle, detached, $295,000, 3 BR, 2 Bths, 1683 DOM, 221 DOM

186 D Ave, attached, $299,900, 3 BR, 2.5 Bths, 1636 SF, 221 DOM

16323 Kimball St, detached, $325,000, 3 BR, 1.5 Bths, 1350 SF, 2 DOM

19201 Maree Ct, detached, $334,900, 3 BR, 3 Bths, 3739 SF, 169 DOM

352 4th St, attached, $388,000, 2 BR, 2.5 Bths, 1731 SF, 4 DOM

4 Mozarteum Ct, detached, $424,900, 3 BR, 2.5 Bths, 2417 SF, 10 DOM

727 Laurel St, detached, $450,000, 4 BR, 3.5 Bths, 2924 SF, 47 DOM

17360 Hunter Ct, detached, $450,000, 3 BR, 2.5 Bths, 3254 SF, 8 DOM

5073 Madrona St, detached, $455,000, 3 BR, 3 Bths, 3299 SF, 20 DOM

2 Sherwood Ct, detached, $509,995, 5 BR, 3.5 Bths, 3306 SF, 3 DOM

16751 Alder Circle, detached, $549,900, 4 BR, 2.5+.5 Bths, 2328 SF, 52 DOM

17622 Brookhurst Dr, detached, $569,000, 4 BR, 2.5 Bths, 2909 SF, 24 DOM

19203 SW Megly Ct, detached, $578,950, 5 BR, 3.5 Bths, 3633 SF, 6 DOM

14390 Pfeifer DR, detached, $589,000, 5 BR, 3 Bths, 3337 SF, 3 DOM

14100 Redwood Ct, detached, $648,995, 4 BR, 3 Bths, 3134 SF, 19 DOM

17151 Cornell Ct, detached, $650,000, 4 BR, 3 Bths, 3422 SF, 76 DOM

1107 Yates St, detached, $774,900, 2 BR, 1 Bth, 1222 SF, 56 DOM

13219 Deerfield Ct, detached, $799,900, 4 BR, 3.5 Bths, 3915 SF, 50 DOM

3136 Douglas Circle, detached, $949,500, 4 BR, 3.5 Bths, 4132 SF, 7 DOM

14088 Goodall Rd, detached, $950,000, 5 BR, 3.5+.5 Bths, 4441 SF, 4 DOM

Closed Sales

668 McVey Ave #34, condo, original price $149,000, closed price $151,000, 1 BR, 1 Bth, 26 CDOM

23 Bloch Terr, attached, original price $195,000, closed price $182,000, 2 BR, 2 Bths, 86 CDOM

14863 Twin Fir Ct, detached, original price $232,900, closed price $228,400, 3 BR, 2 Bths, 20 CDOM

20 Preakness Ct, attached, original price $279,000, closed price $270,000, 3 BR, 2 Bths, 8 CDOM

15430 Stephanie Ct, attached, original price $284,900, closed price $271,000, 3 BR, 2.5 Bths, 13 CDOM

4573 Oakridge Rd lot 33, attached, original price $369,900, closed price $374,900, 3 BR, 2.5 Bths, 162 CDOM

1902 Woodland Terr, detached, original price $423,500, closed price $415,000, 3 BR, 3 Bths, 80 CDOM

19198 Olson Ave, detached, original price $524,900, closed price $502,500, 4 BR, 2.5 Bths, 16 CDOM

17157 Blue Heron Rd, detached, original price $599,000, closed price $520,000, 5 BR, 3 Bths, 536 CDOM

4336 Glacier Lily St, detached, original price $524,950, closed price $524,950, 4 BR, 2.5 Bths, 9 CDOM

3211 Alber Spring Ct, detached, original price $589,000, closed price $579,000, 4 BR, 2.5 Bths, 48 CDOM

17406 Brookhurst Dr, detached, original price $649,900, closed price $636,000, 5 BR, 3.5 Bths, 211 CDOM

1622 Leslie Ln, detached, original price $1,410,000, closed price $1,410,000, 4 BR, 3.5+.5 Bths, 0 CDOM

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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