Market Activity Oct 9-15, 2017

It has been another beautiful fall week in Lake Oswego. I had the pleasure of a drive to the coast last weekend. Wow! I know New England has the big reputation, but Oregon is a post card in every direction at this time of year.

I found the market activity last week really interesting. 15 new listings, 20 pending sales, and 17 sold/closed sales: this shows a still steady market with a good deal of buyer interest. It continues to be a wonderful environment to sell a home. If you are in the market to buy a home, not only are interest rates terrific, but the timing is just right to get into your new home before the holidays.

Following is the breakdown for you according to RMLS:

New on the Market (Oct 9-15, 2017)

Address Type Price BR Baths Sq Ft
4647 Lakeview Blvd D-1 Condo $199,500 1 1 753
13 Oswego Summit Condo $199,900 1 1 764
88 Cervantes Circle Condo $200,000 2 1.5 912
73 Galen St Condo $217,500 2 2 995
5225 Jean Rd #511 Condo $275,000 3 2 1400
4103 Jefferson Pkwy Condo $329,900 2 2.5 1359
6451 McEwan Rd Detached $379,900 3 1.5 1080
5907 Kenny St Detached $450,000 3 2 1300
4978 Galen St Attached $474,850 2 2.5 1552
1895 Greentree Rd Detached $580,000 4 3 2861
5418 Washington Ct Detached $679,900 3 2.5 $2,074
15003 Twin Fir Rd Detached $779,000 2 1 984
13101 Amber Pl Detached $1,110,000 4 2.5 3817
504 8th St Detached $1,395,000 4 3 2858
15476 Diamond Head Rd Detached $1,395,000 3 2.5 3743

Pending Sales (Oct 9-15, 2017)

Address Type Price BR Baths Sq Ft CDOM
36 Greenridge Ct Attached $174,899 3 3 1748 66
36 Cervantes Cir 4-E Condo $199,900 2 1.5 912 27
1625 Cloverleaf Rd Detached $449,000 3 2 1996 57
836 Oak St Detached $479,000 3 3 2856 1206
16842 Bryant Rd Detached $499,000 4 2 2287 8
5871 Bonita Rd Detached $499,950 4 3 2406 421
210 Northshore Rd Detached $529,900 2 1.5 2050 14
2810 Dellwood Dr Detached $564,900 4 2.5 2278 7
1575 Ivy Ct Detached $575,000 4 3 2420 75
5526 Yorkshire Pl Detached $599,500 3 3 2449 26
1437 Greentree Circle Detached $599,999 4 3 2400 96
17808 Cardinal Pl Detached $645,000 3 2 1870 91
4023 Trout Way Detached $725,000 4 2.5 2758 3
3200 Upper DR Detached $798,500 4 3 2543 4
1976 Palisades Terrace Dr Detached $895,000 4 2.5 3898 208
13526 Snowberry Ct Detached $905,000 4 4 3718 0
18639 Pilkington Rd Detached $1,375,000 4 4 4148 118
3250 Upper Dr Detached $1,499,000 4 4.5 3977 42
13912 Goodall Rd Detached $1,735,000 4 3.5+.5 4658 84
916 Lake Shore Rd Detached $1,999,900 4 3.5 3780 141

Sold/Closed (Oct 9-15, 2017)

Address Type List Price Sold Price Sq Ft CDOM
84 Galen St Condo $115,000 $115,000 550 3
47 Eagle Crest DR #36 Condo $179,000 $165,000 932 9
198 Cervantes Attached $319,000 $302,000 1,266 9
562 2nd St #10 Attached $482,000 $470,000 1302 48
31 Da Vinci St Detached $520,000 $520,000 2232 48
3393 Tempest Dr Detached $549,000 $530,000 2490 162
4597 Black Forest Ct Detached $599,900 $580,000 2171 8
14371 Sherbrook Pl Detached $619,000 $595,000 2550 39
15410 Meadowlark Ct Detached $650,000 $643,000 2,702 2
4728 Lakeview Blvd Detached $779,000 $680,000 2867 116
810 9th St Detached $775,000 $750,000 2417 130
822 Lee ST Detached $825,000 $790,000 1930 93
13825 Melrose Pl Detached $825,000 $819,000 4490 8
1699 Village Park Ln Detached $985,000 $875,000 3342 127
741 B Ave Detached $1,120,000 $1,080,000 2609 33
3856 Upper Dr Detached $1,295,000 $1,200,000 3093 100
16828 Alder Circle Detached $1,795,000 $1,750,000 2363 1

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.