Market Activity April 29-May 5, 2013

I’ve got to say that real estate has become fun again. It is so nice to have happy people to work with and all of this gorgeous spring weather. Buyers are happy because prices are good and interest rates are low. Sellers are happy because their homes are selling quickly at and above the list price. All the way around it’s a win/win.

Last week in Lake Oswego there were 19 new listings, 34 pending sales, and 21 closed sales.

Here are further details regarding last week’s Market Activity, according to RMLS:

NEW SALES (Apr 29-May 5, 2013):

Address Type Price BR Bths SF
5225 Jean Rd #401 Condo $169,900 2 2 1080
16250 Pacific Hwy #45 Condo $195,000 2 2 1311
13 Erasmus St Attached $234,900 2 2.5 1256
4260 Southshore Blvd Detached $319,000 2 2 1268
1425 Greentree Circle Detached $339,000 3 2 1809
1407 Greentree Circle Detached $459,000 4 2.5 2201
14360 Uplands Dr Detached $468,000 4 2.5 2943
805 Hemlock St Detached $474,900 4 3 2491
303 Lake Bay Ct Detached $485,000 3 2.5 1560
2188 Overlook Dr Detached $499,900 4 2.5 2618
15964 Parker Rd Detached $549,900 3 2.5 2936
4846 Lower Dr Detached $589,900 5 4 2650
4311 Orchard Way Detached $614,000 3 2.5 2804
4850 Lower Dr Detached $624,900 4 3 2611
17151 Wall St Detached $675,000 5 4 4141
13680 Knaus Rd Detached $799,000 3 2.5 3006
4540 Lamont Way Detached $949,950 4 2.5 3555
2240 Summit Ct Detached $2,595,000 3 3.5 5036
1719 Lake Front Rd Detached $3,399,000 4 5.5 5251

PENDING SALES (Apr 29-May 5, 2013)

Address Type Price BR Baths SF DOM
4 Touchstone #68 Condo $112,500 2 2 984 6
45 Eagle Crest #305 Condo $124,700 2 1.5 1056 44
1127 Cedar St Detached $219,000 1 1 1070 37
16164 Parker Rd Detached $219,900 3 1 1080 282
5333 Tree St Detached $259,500 3 1 1114 2
14854 Twin Fir Rd Detached $297,500 3 2 1287 13
102 Kingsgate Rd Detached $305,000 3 2.5 1727 3
14 Polonius Detached $329,900 4 4 2828 10
13901 Sundeleaf Dr Detached $359,900 4 3 1900 103
1297 Hide A Way Detached $367,500 3 2.5 1832 3
1651 Larch ST Detached $369,900 4 3 2225 3
1257 Hallinan Circle Detached $375,000 4 2.5 2548 2
2510 Park Rd Detached $395,000 3 2.5 1960 0
3554 Tempest Dr Detached $399,000 3 2.5 2279 3
18962 Terry Ave Detached $412,500 4 2 1860 6
17438 Cardinal Dr Detached $420,000 4 2.5 2286 29
22 Othello St Detached $429,900 3 2.5 2168 3
4914 Mulholland Dr Attached $439,900 3 2.5 2500 2
6132 Summer Woods Detached $515,000 4 2.5 2811 3
4007 Bass Ln Detached $517,900 4 3 2701 46
13658 Shireva Dr Detached $549,900 3 3 3502 31
720 Maple St Detached $619,000 3 2.5 3966 483
108 3rd St Detached $625,000 1 1 1017 363
320 Berwick Rd Detached $649,000 3 2 2780 2
17363 Grandview Ct Detached $649,900 3 3.5 4218 89
1579 Bay View Ln Detached $659,698 4 3 4685 133
13554 Peters Rd Detached $709,000 3 3 3036 90
2860 Upper Dr Detached $748,500 4 3.5 3938 101
940 Cumberland Rd Detached $799,000 4 3 3062 71
2371 Palisades Crest Dr Detached $849,000 4 3 4182 2
4245 Westbay Rd Detached $949,000 3 2 1966 9
13728 Knaus Rd Detached $1,025,000 4 3.5+.5 4041 2
1075 Chandler Rd Detached $1,495,000 5 4.5 5710 21
907 Terrace Dr Detached $1,795,000 4 4.5+.5+.5 6919 572

SOLD (Apr 29-May 5, 2013)

Address Type List Price Closed Price Sq Ft CDOM
5831 Seville Ave Detached $185,000 $170,000 1320 126
5053 Foothills Dr H Condo $200,000 $191,200 1252 8
5020 Lakeview Blvd Detached $239,900 $242,900 1192 1
1287 Boca Ratan Dr Condo $275,000 $275,000 1,611 63
12439 Orchard Hill Rd Detached $345,000 $345,000 1513 2
2593 Greentree Rd Detached $359,900 $359,900 2215 7
1621 Larch St Detached $395,000 $362,000 3040 138
29 Partridge Ln Detached $419,000 $397,300 3109 228
5099 Galen St Detached $429,500 $429,500 2246 3
16621 Graef Circle Detached $499,500 $437,500 2170 21
18895 Indian Springs Rd Detached $439,000 $444,000 2860 20
17125 Warren Ct Detached $489,900 $482,750 2705 5
5450 Bay Creek Dr Detached $525,000 $520,000 2386 5
16792 Quail Ct Detached $562,950 $535,500 3050 163
1492 Glenmorrie Dr Detached $569,000 $549,000 4096 174
4767 Dogwood Dr Detached $769,900 $660,000 3964 495
2088 Lilli Ln Detached $675,000 $665,000 4101 16
3300 River Woods Pl Detached $759,000 $755,000 3642 2
4311 Haven St Detached $864,000 $868,000 3816 16
1000 Upper Devon Ln Detached $995,000 $870,000 3535 472
2057 Summit Dr Detached $995,000 $975,000 4589 170

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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