Market Activity Report August 8th – 14th, 2016

We’ve had a busy week!
24 new listings, 17 pending, and 21 sold!

Looks like the market has been pretty consistent. However, with school starting we may start to see a dip in activity. I knew a few of my friends are looking to buy homes in Lake Oswego, and may be encouraged to really start looking if they feel like there isn’t as much competition. Having been working with buyers as of late, I completely understand the thought process here.

Following is the breakdown for you according to RMLS:

New on the Market (August 8th-14th, 2016)

Address Type Price Bedrooms Bathrooms Sqft
4919 LAKEVIEW BLVD CONDO 129,000 1 1 753
221 CERVANTES CONDO 265,000 2 2.5 1240
15460 BRIANNE CT ATTATCH 320,000 2 2.5 1250
18540 KRISTI WAY DETACHED 329,950 3 1.5 1246
14372 SHERBROOK PL DETACHED 335,000 2 1.5 1216
43 ORIOLE LN DETACHED 385,000 2 2 1810
9 ORIOLE LN DETACHED 419,000 3 3 1928
13142 PETERS RD DETACHED 499,900 4 2.5 2412
72 TOUCHSTONE ST DETACHED 499,900 3 3 3908
1706 MEADOWS DR DETACHED 539,900 3 2 1698
19061 SW INDIAN CREEK AVE DETACHED 544,900 4 3 3070
1920 PARK FOREST AVE DETACHED 575,000 3 3 2679
18183 WESTMINSTER DR DETACHED 720,000 3 2.5 3191
2325 OAKHURST LN DETACHED 799,900 5 2.5 3627
18462 PIONEER CT DETACHED 819,000 5 3 3804
17170 WALL ST DETACHED 835,000 4 3.5 3446
5267 LAKEVIEW BLVD DETACHED 900,000 4 3 3454
1666 LAKE FRONT RD DETACHED 1,279,000 4 3.5 3183
19331 LORNA LN DETACHED 1,335,000 4 3.5 5070
4146 LAKEVIEW BLVD DETACHED 1,380,000 4 3.5 3279
548 RIDGEWAY RD DETACHED 1,560,000 4 3 2830
404 FAIRMOUNT RD DETACHED 1,595,000 4 3 3948
18332 MEADOWLARK LN DETACHED 1,675,000 6 5 6043
980 EVERGREEN RD DETACHED 2,280,000 5 5.5 5644

Pending Sales (August 8th-14th, 2016)

Address Type Price Bedroom Bathrooms DOM
75 GALEN ST CONDO 184,500 2 2 4
58 OSWEGO SMT CONDO 210,000 2 2 24
3932 CARMAN DR CONDO 229,900 2 2 131
2 SW MOUNTAIN CIR ATTACHED 299,000 2 1 32
1223 HEMLOCK ST DETACHED 422,500 2 1 118
18715 INDIAN CREEK DR DETACHED 529,900 3 2 118
4 ESSEX CT DETACHED 549,900 4 2 23
17901 STAFFORD RD DETACHED 599,000 3 2 103
17771 MARYLCREEK DR DETACHED 765,000 4 3.5 17
621 COUNTRY CLUB RD DETACHED 825,000 4 2.5 160
5340 GREYSTOKE DR DETACHED 875,000 3 3 443
18260 RIVER EDGE CT DETACHED 949,000 4 3.5 164
1300 ANDREWS RD DETACHED 1,190,000 5 3 60
862 CEDAR ST DETACHED 1,250,000 4 3.5 170
13060 KNAUS RD DETACHED 1,495,000 4 3.5 48
855 G AVE DETACHED 1,499,000 4 2.5 309
1098 CHANDLER RD DETACHED 1,749,000 4 3.5 432

Sold/Closed (August 8th-14th, 2016)

Address Type List Price Close Price Sqft DOM
47 EAGLE CREST DR #21 CONDO 149,000 138,800 932 767
86 CERVANTES CIR CONDO 158,000 158,000 912 1
3433 MCNARY PKWY CONDO 199,900 208,000 1208 5
750 1ST ST CONDO 279,900 265,000 1350 30
534 2ND CONDO 469,000 469,000 1394 62
528 2ND ST CONDO 489,900 489,900 1703 3
16913 CANAL CIR DETACHED 530,000 530,000 2525 0
30 MORNINGVIEW CIR DETACHED 549,000 543,000 2276 29
16921 KARA LN DETACHED 569,000 556,700 2382 31
171 GREENWOOD RD DETACHED 575,000 585,000 1610 11
300 4th ST ATTACHED 600,000 600,000 1731 0
1002 HEMLOCK ST DETACHED 624,990 617,990 1950 4
41 TOUCHSTONE DETACHED 669,900 653,000 3092 85
3540 UPPER DR DETACHED 659,900 65,500 2716 46
2331 DELLWOOD DR DETACHED 715,000 715,000 2746 4
737 COUNTRY CLUB RD DETACHED 799,900 750,000 3242 72
13366 BOONES FERRY RD DETACHED 875,000 825,000 3564 30
22 GREENWOOD RD DETACHED 850,000 825,000 2701 40
13084 AMBER PL DETACHED 1,199,099 1,150,000 3756 6
1255 CHANDLER RD DETACHED 1,400,000 1,400,000 3212 0
149 FURNACE ST DETACHED 1,688,888 1,600,000 3954 161

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.