Hello everyone!
Things are moving quickly this spring. The beautiful weather is finally here (as well as the occasional spring monsoons), which has brought lots of activity in the market. This last week we saw fourteen new homes come up for sale, thirty two have started pending, and twenty three homes sold! This tells us that the houses that are now entering the market are less than HALF those that have gotten offers, the inventory can just barely keep up with the demand!
Following is the breakdown for you according to RMLS:
New on the Market (March 30- April 05, 2015, 2015)
| Address | Type | Price | Bedrooms | Bathrooms | Sqft |
| 44 CERVANTES CIR #44 | CONDO | 132,500 | 2 | 1.5 | 912 |
| 16250 PACIFIC HWY #82 | CONDO | 150,000 | 1 | 1 | 841 |
| 3892 BOTTICELLI ST | CONDO | 235,000 | 3 | 2 | 1288 |
| 1268 SPRUCE ST | DETACHED | 399,000 | 3 | 2 | 2009 |
| 6461 SW EDGEWOOD ST | DETACHED | 399,900 | 4 | 2.5 | 1950 |
| 17833 HILLSIDE WAY | DETACHED | 589,000 | 4 | 3 | 2668 |
| 4848 LOWER DR | DETACHED | 599,900 | 4 | 3 | 2548 |
| 15 NANSEN SMT | DETACHED | 685,000 | 3 | 2.5 | 3098 |
| 1511 WOODLAND TER | DETACHED | 725,000 | 5 | 2.5 | 3439 |
| 13060 SW ELK ROCK RD | DETACHED | 825,000 | 5 | 3 | 3681 |
| 1901 SUMMIT DR | DETACHED | 899,000 | 4 | 3.5 | 3444 |
| 1411 LAKE FRONT RD | DETACHED | 1,395,000 | 3 | 4 | 3349 |
| 3140 DOUGLAS CIR | DETACHED | 1,395,000 | 4 | 3.5 | 4333 |
| 1345 CHANDLER RD | DETACHED | 2,695,000 | 5 | 4.5 | 6800 |
Pending Sales (March 30-April 05, 2015)
| Address | Type | Price | Bedroom | Bathrooms | Sqft | DOM |
| 100 KERR PKWY #52 | CONDO | 105,000 | 1 | 1 | 617 | 5 |
| 4000 CARMAN DR A17 | CONDO | 169,900 | 2 | 2 | 1100 | 19 |
| 5225 JEAN RD | CONDO | 170,000 | 2 | 2 | 1100 | 10 |
| 16250 PACIFIC HWY #45 | CONDO | 179,990 | 2 | 2 | 1311 | 71 |
| 3970 SW CARMAN DR | CONDO | 219,900 | 2 | 2.5 | 1129 | 8 |
| 48 EAGLE CREST DR 1A | CONDO | 250,000 | 3 | 2.5 | 1550 | 76 |
| 5062 FOOTHILLS DR H | CONDO | 250,000 | 3 | 2 | 1252 | 5 |
| 16742 BONAIRE AVE | DETACHED | 289,900 | 3 | 2 | 1464 | 3 |
| 3 CONDOLEA DR | CONDO | 299,000 | 3 | 3 | 2198 | 146 |
| 668 MCVEY AVE #72 | CONDO | 325,000 | 3 | 1.5 | 1184 | 2 |
| 9 CONDOLEA DR | CONDO | 380,000 | 3 | 3 | 2198 | 39 |
| 321 CERVANTES | CONDO | 385,000 | 3 | 2.5 | 2474 | 205 |
| 1689 MEADOWS DR | DETACHED | 394,500 | 2 | 2 | 2370 | 23 |
| 19060 INDIAN SPRINGS CIR | DETACHED | 435,000 | 4 | 3 | 2182 | 26 |
| 3 EL GRECO ST | DETACHED | 439,500 | 2 | 2 | 2370 | 2 |
| 4711 REMBRANDT LN | DETACHED | 450,000 | 3 | 2.5 | 2050 | 3 |
| 32 SPINOSA | DETACHED | 455,900 | 4 | 3.5 | 2542 | 1964 |
| 148 5TH ST | DETACHED | 495,000 | 2 | 1 | 1314 | 0 |
| 1981 SUMMIT DR | DETACHED | 499,000 | 3 | 2.5 | 2579 | 630 |
| 6459 FROST ST | DETACHED | 499,900 | 4 | 2.5 | 2627 | 101 |
| 4925 MULHOLLAND DR | ATTACHED | 520,000 | 2 | 2.5 | 2424 | 2 |
| 13166 PETERS RD | DETACHED | 525,000 | 4 | 2.5 | 2575 | 0 |
| 13906 MAJESTIC CT | DETACHED | 530,000 | 4 | 3.5 | 2827 | 6 |
| 18634 BRYANT RD | DETACHED | 534,995 | 3 | 2.5 | 2736 | 41 |
| 63 TOUCHSTONE | DETACHED | 539,900 | 4 | 3 | 2472 | 4 |
| 80 TANGLEWOOD DR | DETACHED | 629,900 | 5 | 3 | 2713 | 3 |
| 2051 CREST DR | DETACHED | 669,500 | 4 | 2 | 2886 | 42 |
| 321 5TH ST | DETACHED | 749,000 | 3 | 3.5 | 2737 | 80 |
| 77 GARIBALDI ST | DETACHED | 829,000 | 4 | 2.5 | 3023 | 49 |
| 1222 TIMBERLINE DR | DETACHED | 899,900 | 4 | 3 | 3246 | 19 |
| 18218 MEADOWLARK LN | DETACHED | 1,695,000 | 5 | 6.1 | 8320 | 787 |
Sold/Closed (March 30-April 05, 2015)
| Address | Type | List Price | Close Price | Sqft | DOM |
| 5063 FOOTHILLS DR A | CONDO | 200,000 | 20,500 | 991 | 3 |
| 169 OSWEGO SMT #169 | CONDO | 109,000 | 75,000 | 1330 | 126 |
| 6 CERVANTES CIR | CONDO | 139,500 | 132,402 | 912 | 142 |
| 200 BURNHAM RD #306 | CONDO | 183,500 | 183,500 | 1199 | 29 |
| 152 RIDGEWAY RD | CONDO | 234,900 | 237,000 | 1794 | 3 |
| 6138 KENNY ST | DETACHED | 314,000 | 314,000 | 1190 | 31 |
| 1743 ASPEN CT | DETACHED | 336,900 | 315,000 | 1341 | 115 |
| 15364 TWIN FIR RD | DETACHED | 375,000 | 338,000 | 1608 | 271 |
| 103 GARIBALDI ST | DETACHED | 479,000 | 340,000 | 3322 | 1215 |
| 43 CONDOLEA CT | CONDO | 365,000 | 345,000 | 2157 | 31 |
| 4820 LAMONT WAY | DETACHED | 420,000 | 380,000 | 1768 | 193 |
| 834 6TH ST | DETACHED | 525,000 | 400,000 | 1062 | 94 |
| 16201 LAKE FOREST BLVD | DETACHED | 464,900 | 415,000 | 1846 | 108 |
| 324 4TH ST | ATTACHED | 435,000 | 450,000 | 1731 | 30 |
| 1652 DEVON LN | DETACHED | 459,000 | 470,000 | 3181 | 165 |
| 17749 LEAFY LN | DETACHED | 579,000 | 585,000 | 3300 | 25 |
| 4848 HASTINGS DR | DETACHED | 575,000 | 590,000 | 2174 | 3 |
| 5043 ROSEWOOD ST | DETACHED | 639,900 | 605,000 | 2963 | 233 |
| 4182 GLACIER LILY ST | DETACHED | 630,000 | 630,000 | 2799 | 4 |
| 197 FURNACE ST 3S | CONDO | 689,900 | 670,000 | 2091 | 114 |
| 797 F AVE | DETACHED | 700,000 | 705,000 | 2323 | 2 |
| 13612 GOODALL RD | DETACHED | 1,469,000 | 1,469,000 | 4362 | 332 |
| 18414 OLD RIVER LNDG | DETACHED | 1,795,000 | 1,650,000 | 6498 | 553 |
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.