Market Activity Feb 4-10, 2013

Last week in Lake Oswego there were 10 new listings, 12 houses that went into pending status, and 3 closed sales. I think the short list of closed sales reflects that 45 days ago we were in the midst of the holidays. And with just 10 new listings and 12 pending sales, inventory remains tight.

Here are further details regarding last week’s Market Activity:

NEWLY LISTED (Feb 4-10, 2013)

Address Type Price BR Bths SF
284 Cervantes Circle Condo $104,500 2 2 1052
205 Cervantes #205 Condo $130,000 2 1.5 1216
206 Oswego Summit Condo $200,000 2 2 1506
67 Condolea Terrace Condo $300,000 3 3 2373
18903 Terry Ave Detached $379,000 3 2 1458
12926 Rogers Rd Detached $565,000 4 3 2776
17980 Meadowlark Ln Detached $645,000 3 2.5 3252
17363 Grandview Ct Detached $695,000 4 3.5+.5 4218
5303 Amberwood Ct Detached $810,000 3 2.5 3274
18218 Meadowlark Ln Detached $1,695,000 5 6.5 8320

PENDING SALES (Feb 4-10, 2013)

Address Type Price BR Baths SF DOM
47 Eagle Crest Dr #26 Condo $74,900 2 1 932 521
21 Greemrodge Ct Condo $260,000 3 1.5+.5 1815 106
18816 Longfellow Ave Detached $287,500 3 1 1033 15
1449 Greentree Ave Detached $299,900 4 3 1696 139
959 Lee St Detached $329,000 3 2 2340 28
15721 Boones Way Detached $329,000 3 2 1920 0
12 Abelard St Detached $339,000 4 2.5 2344 6
17802 Treetop Ln Detached $529,000 4 3.5 3655 370
19592 Perch St Detached $529,950 4 2.5 2800 6
17065 Tualatin St Detached $578,950 3 2.5 2733 17
4767 Dogwood Dr Detached $699,999 4 2.5 3964 495
4033 Westbay Rd Detached $1,195,000 4 3.5 3691 30

SOLD (Feb 4-10 2013)

Address Type List Price Closed Price Sq Ft CDOM
17 Condolea Dr Condo $350,000 $338,000 2198 197
1172 Troon Rd Detached $599,000 $539,000 2504 220
1572 Highland Detached $334,500 $334,500 1950 6

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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