Market Activity May 26-June 1, 2014

Last week was an extremely balanced real estate market in Lake Oswego with 21 New Listings, 22 that went to pending status, and 22 sold/closed. Congratulations to the sellers at 3232 Lakeview Blvd who sold their lake front home after 1113 days on the market! Following is the breakdown according to RMLS:

New on the Market (May 26-June 1, 2014)

Address Type Price BR Bths SF
3433 Mcnary Pkwy #802 Condo $209,500 2 2.5 1136
77 Condolea Way Condo $320,000 3 3 2143
15364 Twin Fir Rd Detached $375,000 3 2 1608
200 Burnham Rd #210 Condo $449,900 3 2 1966
7 Windsor Ct Detached $495,000 5 2.5 2728
12 Mozrteum Ct Detached $495,000 4 2.5 2915
16943 Greentree Ave Detached $499,000 4 3.5 2433
27 Da Vinci St Detached $499,027 4 3 2940
3718 Lake Grove Ave Detached $500,000 4 3 2523
1765 Conifer Dr Detached $524,888 4 2.5 2334
23 Touchstone Detached $525,000 5 4 3144
11 Juarez St Detached $595,000 4 2.5 2551
877 Cornell St Detached $669,900 3 3 3100
13437 Provincial Hill Way Detached $675,000 4 2.5 2864
1603 Bay View Ln Detached $849,000 4 2.5 3650
927 10th St Detached $949,900 4 2.5 2780
16359 Chapin Way Detached $1,250,000 4 3.5 4158
2445 Glenmorrie Dr Detached $1,479,900 4 5 5187
1103 Lake Shore Rd Detached $1,498,500 4 3 3747
16865 Greenbriar Rd Detached $2,988,897 5 5 6235
16697 Maple Circle Detached $4,295,000 4 3.5 3146

Pending Sales (May 26-June 1, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #106 Condo $119,900 2 2 984 2
109 Oswego Summit Condo $149,900 2 2 1212 34
198 Cervantes Attached $229,000 2 1.5 1266 26
23 Bloch Terr Attached $269,000 2 2 1394 45
12 Saint Helens Circle Detached $324,900 3 2.5 2022 98
18004 Belmore Ct Detached $349,900 3 2 1410 2
790 Laurel St Detached $379,850 3 2 2040 5
4956 Galen St Detached $399,999 4 2.5 2431 45
13911 Shireva Dr Detached $414,900 4 2 1835 2
524 2nd St Condo $420,000 2 2.5 1547 0
4747 Upper Dr Detached $450,000 3 1 2046 55
13053 Sierra Ct Detached $464,900 4 2.5 2215 87
1858 Southshore Blvd Detached $465,000 4 2 2068 45
1731 Highland Dr Detached $469,000 4 2 2636 21
5189 Coventry Ct Detached $495,000 3 2.5 1936 21
3601 Red Cedar Way Detached $507,000 4 2 2226 86
4 Churchill Downs Detached $509,500 4 3.5 3188 1
4900 Upper DR Detached $549,000 3 2 2468 6
4264 Westbay Rd Detached $549,900 3 2 1308 16
340 8th St Detached $589,000 3 2 2038 14
5184 Woodcrest Ln Lot 1 Detached $639,900 4 2.5 2935 161
3130 Douglas Circle Detached $1,448,000 4 3.5 3970 75

Sold/Closed (May 26-June 1, 2014)

Address Type List Price Closed Price Sq Ft CDOM
78 Galen St Condo $139,000 $135,000 995 5
5052 Foothills Dr E Condo $249,900 $240,000 1252 7
1728 Boca Ratan Dr Attached $275,000 $272,000 1393 7
39 Greenridge Ct Attached $270,000 $275,000 1,664 7
5766 Langford Ln Detached $379,500 $340,000 1327 53
46 N Condolea Ct Condo $357,000 $345,000 2958 76
18307 Longfellow Ave Detached $359,900 $348,500 1440 12
6150 Kenny St Detached $465,000 $365,000 1989 12
14150 Goodall Rd Detached $374,900 $374,900 1565 3
4677 Oakridge Rd Attached $424,900 $424,200 1738 3
5063 Greensborough Ct Detached $425,000 $440,000 1647 2
2766 Greentree Rd Detached $499,500 $450,000 2,753 251
3102 Duncan Dr Detached $529,000 $480,000 3910 22
4910 Lower Dr Detached $529,900 $499,900 2151 376
3801 Olson Ct Detached $469,900 $515,000 3014 5
16198 Nola Ct Detached $598,950 $603,950 2425 26
17532 Oak Meadow Ln Detached $669,000 $635,000 3046 42
13555 Fielding Rd Detached $749,900 $680,000 3,656 112
18112 Westminster Dr Detached $750,000 $690,000 4391 164
5112 Woodcrest Ln Detached $799,900 $768,000 3340 27
1221 Forest Meadows Way Detached $1,200,000 $1,000,000 4150 325
3232 Lakeview Blvd Detached $6,300,000 $2,250,000 7000 1113

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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