Lake Oswego had 18 new listings enter the market last week, along with 18 homes that received accepted offers and 9 closed sales. What stood out for me, as I looked through the closed sales, is that 3 of the nine sold over the list price, including the house on Middlecrest that sold $51,000 over the list price. Sounds like aggressive multiple offers likely happened on that property.
Here are further details regarding last week’s Market Activity:
NEWLY LISTED (Feb 18-24, 2013)
| Address | Type | Price | BR | Bths | SF |
| 174 Oswego Summit | Condo | $189,900 | 2 | 2 | 1506 |
| 10 Oriole Ln | Detached | $234,900 | 2 | 2 | 1654 |
| 3269 Phyllis Ct | Detached | $339,900 | 3 | 1.5+.5 | 1711 |
| 6024 Fernbrook Circle | Detached | $349,900 | 3 | 2 | 1470 |
| 17618 Blue Heron Rd | Detached | $399,900 | 4 | 2 | 2250 |
| 4909 Mulholland Dr | Attached | $428,000 | 2 | 2.5 | 2403 |
| 3110 Royce Way | Detached | $460,000 | 4 | 2.5 | 2732 |
| 16621 Graef Circle | Detached | $499,500 | 3 | 1.5 | 2170 |
| 5554 Luce Ln | Detached | $589,900 | 5 | 3 | 3234 |
| 5711 Victoria Ct | Detached | $610,000 | 4 | 2.5 | 2768 |
| 1873 Oak St | Detached | $635,000 | 3 | 2.5 | 3576 |
| 12635 Adrian Ct | Detached | $649,000 | 4 | 2.5 | 2501 |
| 3826 Upper Dr | Detached | $679,000 | 3 | 3 | 3226 |
| 435 8th St | Detached | $699,900 | 3 | 3.5 | 2394 |
| 3315 Cedar Ct | Detached | $744,000 | 4 | 3.5 | 3712 |
| 940 Cumberland Rd | Detached | $799,000 | 4 | 3 | 3062 |
| Ash St | Detached | $1,200,000 | 4 | 3.5 | 3600 |
| 1475 Chandler Rd | Detached | $1,595,000 | 5 | 4.5 | 4561 |
PENDING SALES (Feb 18-24, 2013)
| Address | Type | Price | BR | Baths | SF | DOM |
| 92 Cervantes Cir 11-E | Condo | $104,900 | 2 | 1.5 | 912 | 182 |
| 15275 Boones Way | Attached | $252,000 | 2 | 2 | 1320 | 3 |
| 466 5th St #14 | Condo | $269,731 | 2 | 1.5 | 1092 | 175 |
| 2367 Glenmorrie Dr | Detached | $275,000 | 2 | 2 | 2132 | 273 |
| 2550 Greentree Rd | Detached | $359,900 | 4 | 3 | 2852 | 135 |
| 1659 Oak St | Detached | $364,900 | 3 | 2.5 | 1885 | 62 |
| 5499 Royal Oaks Dr | Detached | $384,900 | 3 | 2 | 1780 | 179 |
| 4857 Sage Hen Way | Detached | $429,000 | 4 | 3 | 2048 | 4 |
| 762 Maple St | Detached | $479,000 | 3 | 2.5 | 2417 | 28 |
| 18343 Deerbrush Ave | Detached | $489,000 | 4 | 2.5 | 2611 | 3 |
| 12926 Rogers Rd | Detached | $565,000 | 4 | 3 | 2276 | 13 |
| 3000 Brookside Rd | Detached | $598,000 | 3 | 2.5 | 1600 | 252 |
| 5088 Woodcrest Ln | Detached | $599,900 | 4 | 2.5 | 3056 | 199 |
| 5028 Woodcrest Ln lot 14 | Detached | $618,888 | 4 | 2.5 | 3063 | 218 |
| 6135 McEwan Rd | Detached | $649,900 | 2 | 1 | 1104 | 636 |
| 5064 Woodcrest Ln lot 11 | Detached | $649,900 | 4 | 2.5 | 3215 | 209 |
| 2065 Lilli Ln | Detached | $695,000 | 5 | 3.5+.5 | 4112 | 116 |
| 3174 Douglas Circle | Detached | $999,000 | 5 | 4.5 | 4600 | 23 |
SOLD (Feb 18-24 2013)
| Address | Type | List Price | Closed Price | Sq Ft | CDOM |
| 5060 Foothills Rd D | Condo | $239,000 | $230,000 | 1252 | 7 |
| 232 Greenridge Dr | Attached | $285,000 | $250,000 | 1492 | 125 |
| 620 Middlecrest Rd | Detached | $219,000 | $270,000 | 884 | 20 |
| 19176 Benfield Ave | Detached | $299,000 | $300,000 | 1538 | 15 |
| 18275 Pilkington Rd | Detached | $329,000 | $345,000 | 2088 | 9 |
| 14598 Wilmot Way | Detached | $369,000 | $365,000 | 1960 | 10 |
| 136 D Ave | Attached | $459,000 | $405,000 | 1754 | 139 |
| 13364 Atwater Ln | Detached | $1,479,000 | $1,250,000 | 5776 | 187 |
| 3917 Southshore Blvd | Detached | $2,150,000 | $1,750,000 | 4657 | 214 |
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