Market Activity March 28-April 3, 2016

OK, it’s official, we are in the full throws of the spring market and the market is HOT! Last week Lake Oswego saw 20 new listings, 31 houses accept offers and go into pending status (13 of those in less than 10 days), and 18 sold/closed transactions. If a house is in desirable condition and priced right, it is selling FAST!

Following is the breakdown for you according to RMLS:

New on the Market (Mar 28-April 3, 2016)

Address Type Price BR Baths Sq Ft
167 Oswego Summit Condo $180,000 2 2 1506
3922 Carman Dr Condo $234,900 2 2.5 1137
3932 Carman Dr Condo $234,900 2 2.5 1133
16748 Lake Forest Blvd Detached $325,000 3 1 1076
17 Britten Ct Attached $359,900 3 2.5 1972
90 Greenridge Ct Attached $368,000 3 2.5 1980
20 Summit Ridge Ct Attached $389,000 2 2.5 1704
5434 Willow Ct Attached $495,000 3 2.5 2423
4 Morningview Pl Attached $499,000 2 2.5 1880
1731 Woodland Terrace Detached $534,900 4 2.5 2714
14450 Holly Springs Rd Detached $575,000 5 3 2238
19505 Olson Ave Detached $748,950 5 2.5 2916
4137 Orchard Way Detached $775,000 5 2.5 3681
844 5th St Detached $1,100,000 3 3 2590
4069 Pfeifer Ct Detached $1,125,000 5 3.5 4332
784 3rd St Detached $1,299,000 5 5 4138
2120 Glenmorrie Dr Detached $1,395,000 4 3.5 4383
7 Garibaldi St Detached $1,400,000 4 3.5 6303
5405 Childs Rd Detached $2,095,000 5 4.5 5702
1210 Chandler Rd Detached $2,799,000 6 6.5+.5 7668

Pending Sales (Mar 28-April 3, 2016)

Address Type Price BR Baths Sq Ft CDOM
96 Galen St Condo $129,000 1 1 550 15
50 Oswego Summit Condo $155,000 1 1 752 1
4 Touchstone Condo $159,900 2 2 984 2
77 Galen Rd Condo $164,900 2 2 993 15
48 Eagle Crest Dr 1C Condo $239,000 2 2 1399 1
191 Oswego Summit Condo $269,000 2 2 1506 5
1225 Cornell St Detached $349,000 3 2 1394 62
5215 Madrona St Detached $389,000 3 2 1305 6
2 Eagle Crest Dr Detached $395,000 3 2 1830 5
1820 Southshore Blvd Detached $450,000 3 2.5 2373 0
1244 Hallinan Circle Detached $465,000 4 3 2485 50
4101 Chapman Way Detached $465,000 3 2.5 1864 142
5674 La Mesa Ct Detached $548,950 3 2 1802 24
5311 Childs Rd Detached $559,000 4 2.5 1766 11
17510 Cardinal Dr Detached $578,500 4 3 2550 36
5124 Lakeview Blvd Detached $579,000 4 3 2932 153
4779 Heritage Ln Detached $585,000 3 2 2121 2
3100 Wembly Park Rd Detached $625,000 3 3 3060 332
2 Walking Woods Detached $649,900 4 3 4116 2
41 Touchstone Detached $675,000 4 3 3092 2
0 Carman Dr Detached $699,000 3 2.5 2751 213
17343 Brookhurst Dr Detached $749,000 4 2.5 3443 11
5632 Grand Oaks Dr Detached $765,000 4 2.5 2898 3
5959 Suncreek Dr Detached $789,960 4 2.5 3315 2
12870 Elk Rock Rd Detached $795,000 4 3 2742 223
4018 Canal Woods Ct Detached $799,900 4 3.5 3600 177
2479 Marylview Ct Detached $810,000 4 3.5 3832 28
1100 Troon Rd Detached $1,200,000 4 2.5+.5 2943 5
2445 Glenmorrie Dr Detached $1,295,000 5 5 5106 196
13050 Knaus Rd Detached $1,699,000 4 3.5 4821 56
13237 Knaus Rd Detached $1,995,000 4 4.5 4900 23

Sold/Closed (Mar 28-April 3, 2016)

Address Type List Price Sold Price Sq Ft CDOM
69 Galen Rd Condo $164,900 $164,900 923 4
5056 Foothills Dr C Condo $273,500 $275,000 1,252 10
6155 McEwan Rd Detached $320,000 $288,000 1,294 108
4305 Silver Ct Attached $339,000 $339,000 1721 7
5365 Greystoke Dr Detached $414,900 $375,000 1541 167
13680 Shireva Dr Detached $459,000 $448,900 1504 120
7 Falstaff St Detached $519,900 $512,500 2740 140
6080 Summer Woods Detached $519,900 $517,450 2326 4
741 Briercliff Ln Detached $519,000 $525,000 2765 39
2 Creekside Terrace Detached $549,900 $540,000 2906 44
17730 Marylbrook Dr Detached $589,900 $570,500 2951 104
5004 Woodcrest Ln Detached $649,900 $650,000 2522 6
5937 Bay Point Dr Detached $789,999 $701,000 3402 143
13613 Provincial Hill Way Detached $1,095,000 $995,000 4327 213
556 7th St Detached $1,219,000 $1,198,000 3911 161
13900 Goodall Rd Detached $1,429,000 $1,350,000 4212 28
1901 Palisades Terrace Detached $3,945,000 $3,400,000 7284 270
3142 Lakeview Blvd Detached $4,350,000 $3,980,000 5554 298

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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