There were some interesting things about last week’s market activity that popped out at me. First, condominium sales are picking up pretty aggressively. Several complexes that I have been following have had recent sales SIGNIFICANTLY higher in value than just a year ago. I attribute this to the fact that the foreclosures are sold and actual market value is taking over. The other trend I am noticing is houses that sat on the market, did not sell, were taken off the market a year or two ago, are now being re-listed and selling quickly.
Lake Oswego had 34 new listings last week, 26 pending sales, and 9 closed transactions.
Here are further details regarding last week’s Market Activity, according to RMLS:
NEW SALES (Apr 15-21, 2013):
Address | Type | Price | BR | Bths | SF |
4000 Carman Dr #60 | Condo | $165,000 | 2 | 2 | 866 |
4075 Jefferson Pkwy #18 | Condo | $172,500 | 2 | 2.5 | 1182 |
16250 Pacific Hwy #64 | Condo | $225,000 | 2 | 2 | 1305 |
15472 Brianne Ct | Attached | $239,000 | 2 | 2.5 | 1208 |
52 Greenridge Ct | Attached | $275,000 | 3 | 2.5 | 2524 |
14854 Twin Fir Rd | Detached | $297,500 | 3 | 2 | 1287 |
5686 Washington Ct | Detached | $310,000 | 2 | 2 | 1342 |
14 Polonius St | Detached | $329,900 | 4 | 4 | 2828 |
5753 Windfield Loop | Detached | $330,000 | 3 | 2 | 1503 |
825 Oak St | Detached | $359,000 | 3 | 2 | 1350 |
6173 Washington Ct | Detached | $370,000 | 2 | 2 | 1440 |
17521 Hill Way | Detached | $375,000 | 3 | 2 | 2283 |
821 Evergreen Rd | Detached | $394,900 | 2 | 1 | 920 |
1467 Greentree Circle | Detached | $420,000 | 3 | 2 | 1896 |
8 Hotspur St | Detached | $450,000 | 3 | 2.5 | 1954 |
5570 Kilchurn Ave | Detached | $649,900 | 4 | 2.5 | 2931 |
816 9th St | Detached | $650,000 | 4 | 3 | 3033 |
2002 Cedar Ct | Detached | $659,000 | 3 | 2 | 2945 |
14350 Meadow Grass St | Detached | $674,900 | 4 | 3 | 3329 |
13210 Deerfield | Detached | $679,900 | 4 | 2.5 | 3341 |
1876 Palisades Lake Ct | Detached | $694,900 | 3 | 2.5 | 3178 |
17450 Treetop Way | Detached | $695,000 | 4 | 3 | 3752 |
13100 Boones Ferry Rd | Detached | $695,000 | 3 | 2 | 2370 |
19201 Maree Ct | Detached | $749,000 | 5 | 2.5 | 4070 |
17485 Brookhurst Dr | Detached | $749,500 | 4 | 3.5 | 4550 |
13836 Amberwood Circle | Detached | $769,000 | 3 | 2.5 | 3985 |
3600 Southshore Blvd | Detached | $824,900 | 3 | 2.5 | 2117 |
3012 Rivendell Rd | Detached | $900,000 | 5 | 4.5 | 4607 |
760 7th St | Detached | $969,000 | 4 | 4.5 | 4536 |
SW Ash St | Detached | $1,200,000 | 4 | 3.5 | 3600 |
18325 Crestline Dr | Detached | $1,275,000 | 5 | 4 | 5784 |
17485 Cardinal Dr | Detached | $1,325,000 | 4 | 3.5 | 3406 |
705 Terrace Dr | Detached | $1,795,000 | 4 | 3.5 | 3686 |
2500 Glen Eagles Rd | Detached | $2,295,000 | 5 | 4.5 | 5565 |
PENDING SALES (Apr 15-21, 2013)
Address | Type | Price | BR | Baths | SF | DOM |
4 Touchstone #152 | Condo | $135,000 | 3 | 2.5 | 1351 | 35 |
206 Oswego Summit | Condo | $175,000 | 2 | 2 | 1506 | 71 |
4417 Thunder Vista Ln | Condo | $179,000 | 2 | 2.5 | 1455 | 49 |
51 Greenridge Ct | Attached | $205,000 | 2 | 2 | 1348 | 10 |
5813 SW Kennycroft Way | Detached | $222,000 | 3 | 1 | 1182 | 3 |
5056 Foothills Dr D | Condo | $259,000 | 2 | 2 | 1252 | 47 |
72 Greenridge Ct | Attached | $269,000 | 3 | 3 | 1824 | 7 |
63 Greenridge Ct | Attached | $270,000 | 3 | 2 | 1788 | 1 |
2256 Glenmorrie Dr | Detached | $299,500 | 3 | 2 | 1628 | 87 |
769 2nd St | Detached | $310,000 | 3 | 1 | 1200 | 497 |
18903 Terry Ave | Detached | $339,000 | 3 | 2 | 1236 | 65 |
1720 Mapleleaf Rd | Detached | $369,000 | 3 | 2 | 1584 | 2 |
497 Livingood Ln | Detached | $375,000 | 3 | 2.5 | 2144 | 87 |
13242 Vermeer Dr | Detached | $408,000 | 3 | 2.5 | 2100 | 8 |
618 5th St | Detached | $425,000 | 4 | 2.5 | 2320 | 201 |
16168 Lake Forest Blvd | Detached | $449,900 | 4 | 3 | 2276 | 34 |
7 Westminster Dr | Detached | $499,950 | 5 | 3 | 2974 | 7 |
1131 Devon Ln | Detached | $599,900 | 3 | 3.5 | 3179 | 230 |
16723 Bonaire Ave | Detached | $619,500 | 4 | 3 | 2847 | 6 |
1921 Glenmorrie Ln | Detached | $624,000 | 3 | 3 | 2375 | 116 |
1579 Bay View Ln | Detached | $659,698 | 4 | 3 | 4685 | 117 |
1222 Glenmorrie Dr | Detached | $699,999 | 4 | 3 | 2875 | 49 |
19371 SW Riverwood Ln | Detached | $875,600 | 4 | 4.5 | 5048 | 244 |
1000 Upper Devon Ln | Detached | $895,000 | 4 | 3.5 | 3535 | 472 |
752 8th St | Detached | $969,000 | 4 | 3.5 | 4550 | 495 |
1075 Chandler Rd | Detached | $1,495,000 | 5 | 4.5 | 5710 | 5 |
SOLD (Apr 15-21, 2013)
Address | Type | List Price | Closed Price | Sq Ft | CDOM |
100 Kerr Pkwy #26 | Condo | $69,900 | $67,000 | 617 | 32 |
18959 Kristi Way | Detached | $350,000 | $350,000 | 1778 | 33 |
2 Sherwood Ct | Detached | $509,995 | $405,000 | 3306 | 305 |
19226 Megan Pl | Detached | $549,500 | $500,000 | 3,392 | 264 |
2830 Park Rd | Detached | $524,900 | $510,000 | 3115 | 7 |
831 Northshore Rd | Detached | $800,000 | $785,000 | 2113 | 348 |
1291 Lake Garden Ct | Detached | $897,500 | $897,500 | 3254 | 268 |
661 6th St | Detached | $795,000 | $927,738 | 2741 | 232 |
399 Furnace St | Attached | $2,150,000 | $1,585,000 | 3664 | 379 |
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