Market Activity Nov 9-15, 2015

People often ask me if this is a good time of year to be buying or selling a house. The answer is yes! Interest rates are typically very low in the winter. People who are selling at this time of year are motivated. Many companies are transferring their executives to close out their fiscal year. And a house that is beautiful in the winter will be gorgeous in the spring! This past week Lake Oswego had 12 new listings, 15 houses going into pending status with accepted offers, and 11 closed sales.

Following is the breakdown for you according to RMLS for last week:

New on the Market (Nov 9-15, 2015)

Address Type Price BR Baths Sq Ft
48 Eagle Crest Dr #2D Condo $185,000 3 2 1623
4 Mountain Circle Condo $305,000 2 1.5 1598
1248 Oak St Detached $325,000 2 1 900
19251 Indian Creek Ave Detached $350,000 4 2 1404
9 Oriole Ln Detached $439,000 3 3 1928
123 3rd ST Condo $450,000 2 2 1206
4101 Chapman Way Detached $475,000 3 2.5 1864
6423 Frost St Detached $499,900 3 2.5 2548
17730 Marylbrook Dr Detached $619,999 3 2.5 2951
6413 McDuff Ct Detached $724,900 3 2.5 3091
906 Cedar St Detached $950,000 4 3.5 2829
4146 Lakeview Blvd Detached $1,298,800 4 3.5 3279

Pending Sales (Nov 9-15, 2015)

Address Type Price BR Baths Sq Ft CDOM
454 5th St Condo $323,000 2 1.5 1092 6
13855 Verte Ct Detached $449,000 3 2.5 1835 128
6411 Frost St Detached $499,900 3 2.5 2430 28
15585 Partridge Dr Detached $529,000 4 2.5 2604 98
6059 Frost Ln Detached $535,000 4 2.5 2281 49
14121 Redwood Ct Detached $579,950 5 3.5 2703 266
3778 Rivers Edge Dr Detached $679,900 4 3.5 3022 101
15655 Fieldstone Dr Detached $710,000 3 2.5 2750 6
13461 Steamside Dr Detached $775,000 4 2.5 3321 70
5640 Meridian Ct Detached $788,800 4 3.5 3459 38
5327 Carman Grove Ln Detached $845,000 3 3 3125 179
1651 Village Park Ln Detached $899,000 4 3.5 4273 230
769 2nd St Detached $1,000,000 5 2.5 3308 900
17442 Ridgeview Ln Detached $1,329,000 4 3.5+.5 5036 107
13719 Knaus Rd Detached $1,837,000 4 4.5+.5 5780 538

Sold/Closed  (Nov 9-15, 2015)

Address Type List Price Sold Price Sq Ft CDOM
15230 Boones Way 1D Condo $205,000 $205,000 1185 4
16200 Pacific Hwy #24 Condo $285,000 $260,000 1190 62
4226 Woodside Circle Attached $349,900 $332,500 1578 12
5280 Chinook Ct Detached $315,000 $337,500 1457 4
4291 Woodside Circle Attached $400,000 $425,000 2026 4
18620 Indian Creek Dr Detached $469,900 $469,900 2064 2
18910 Terry Ave Detached $585,000 $579,900 4290 159
14205 Edenberry Dr Detached $735,000 $695,000 3051 42
13084 Knaus Rd Detached $899,000 $755,000 3285 45
5833 Stewart Glenn Ct Detached $815,000 $815,000 3258 52
18383 Old River Dr Detached $895,000 $819,900 4548 85

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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