Market Activity Report Feb 01 – 07, 2016

Hello Everybody!

This week as I was doing the market activity report I thought about what my mother, Dianne Gregoire, had pointed out to me a week before: that there are not many condos available in Lake Oswego right now, or at least it seems this way. As I was doing the report I made a mental note to actually count out the condos that where available, then those that where pending and sold. Turns out she was right: there are only two condos available within the week of 01-07, then one pending, and one that has closed. How weird! Maybe that means we have a lot of condo owners that are happy where they are (I mean can you blame them, Lake Oswego is a pretty wonderful place to live!)

This week we have 9 new listings, 19 pending homes, and 11 sold properties.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 01-07, 2016)

Address Type Price Bedrooms Bathrooms Sqft
4 TOUCHESTONE #155 CONDO 189,900 3 2.5 1351
16913 CANAL CIR DETACHED 599,000 3 2 2525
17126 HOFFER CT DETACHED 668,000 3 3 2541
17742 MARYLCREEK DR DETACHED 780,000 4 2.5 3288
17540 RIDGEVIEW LN DETACHED 1,195,000 4 3.5 4345
4018 COHO LN DETACHED 1,199,000 4 4.5 5128
2445 GLENMORRIE DR DETACHED 1,295,000 5 5 5106
1973 CHERYL CT DETACHED 1,899,000 5 4.5 6436

Pending Sales (Feb 01-07, 2016)

Address Type Price Bedroom Bathrooms DOM
31 CRESTFIELD CT CONDO 184,500 2 2 2
1755 KILKENNY RD DETACHED 300,000 3 1 146
4305 SILVER CT ATTACHED 339,000 3 2.5 7
4333 WOODSIDE CIR ATTACHED 349,000 3 2 69
16309 LAKE FOREST BLVD DETACHED 369,900 3 2 120
15948 QUARRY RD DETACHED 400,000 3 1 227
1720 YARMOUTH CIR DETACHED 422,800 3 2.5 73
510 2ND ST ATTACHED 435,000 2 1.5 0
9 ORIOLE LN DETACHED 439,000 3 3 81
14850 TWIN FIR RD DETACHED 439,900 4 3 2
15585 PARTRIDGE DR DETACHED 519,000 4 2.5 182
736 EVERGREEN RD DETACHED 549,000 3 2 84
2 CREEKSIDE TER DETACHED 549,900 5 2.5 44
5124 LAKEVIEW BLVD DETACHED 579,000 4 3 126
14221 DOLPH CT DETACHED 598,000 3 2.5 23
72 NANSEN SUMMIT DETACHED 849,000 4 3 140
670 IRON MOUNTAIN BLVD DETACHED 1,595,000 4 3.5 72
1933 HIGHLANDS LOOP DETACHED 2,750,000 4 3.5 187

Sold/Closed  (Feb 01-07, 2016)

Address Type List Price Close Price Sqft DOM
4634 LOWER DR CONDO 139,900 139,900 1260 4
48 EAGLE CREST DR 5E CONDO 205,000 197,000 1443 16
5849 FERNBROOK CIR DETACHED 419,500 421,000 1239 3
4331 LORDS LN DETACHED 509,000 452,500 2320 89
14356 HOLLY SPRINGS RD DETACHED 510,000 475,000 1939 60
9 FALSTAFF ST DETACHED 509,000 485,000 2436 105
6402 FROST ST DETACHED 499,900 499,000 2800 0
5554 ROYAL OAKS DR DETACHED 525,000 520,000 1861 262
19365 35TH CT DETACHED 579,500 598,000 2484 6
3820 SOUTHSHORE BLVD DETACHED 1,098,888 1,055,000 4855 158
17265 LAKE HAVEN DR DETACHED 1,429,000 1,495,000 3911 672

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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