It feels to me like the market is really picking up. Multiple offers are happening again on well-priced houses. The inventory remains low, but it will pick up steam as we head towards spring.
Last week in LO there were 10 new listings, 7 of which sold fast and are represented here as pending sales. There were 13 houses that went pending, and 1 closed sale.
See below for RMLS data.
New on the Market January 16-22, 2023
| Address | Type | Price | Bedrooms | Baths | Sq. Feet |
| 44 Eagle Crest #23 | Condo | $229,900 | 1 | 1 | 798 |
| 47 Eagle Crest #18 | Condo | $249,999 | 2 | 1 | 932 |
| 16250 Pacific Hwy #75 | Condo | $419,000 | 3 | 2 | 1593 |
| 16880 Tracy Ave | Detached | $539,900 | 3 | 1 | 1080 |
| 16019 Terry Ave | Detached | $674,900 | 3 | 2 | 1344 |
| 573 2nd St | Condo | $1,200,000 | 2 | 2.5 | 1659 |
| 2126 Wembley Pl | Detached | $1,795,000 | 4 | 3.5 | 3603 |
Pending Sales January 16-22, 2023
| Address | Type | Price | Bedrooms | Baths | Sq. Feet | DOM |
| 86 Kingsgate Rd #63 | Condo | $265,000 | 2 | 2 | 849 | 156 |
| 3808 Botticelli St | Condo | $349,500 | 3 | 2 | 1224 | 3 |
| 12826 Boones Ferry Rd | Condo | $463,700 | 2 | 2.5 | 1182 | 73 |
| 258 Cervantes | Attached | $559,900 | 3 | 2.5 | 2312 | 3 |
| 18350 Pilkington Rd | Detached | $565,000 | 3 | 2 | 1290 | 2 |
| 1141 Devon Ln | Detached | $750,000 | 2 | 2.5 | 1932 | 17 |
| 791 4th St | Detached | $879,000 | 3 | 2 | 1568 | 240 |
| 1466 Nelson Ct | Detached | $1,149,000 | 4 | 3/5 | 3169 | 137 |
| 913 Sunny Hill Dr | Detached | $1,250,000 | 6 | 3.5 | 4196 | 7 |
| 853 E Ave | Detached | $1,999,000 | 3 | 3.5 | 2839 | 109 |
| 4938 Park Bluff Pl | Detached | $2,495,000 | 4 | 4.5 | 4046 | 167 |
| 17688 Upper Cherry Ln | Detached | $2,685,000 | 4 | 3.5 | 5040 | 67 |
| 3917 Southshore Blvd | Detached | $5,200,000 | 3 | 4.5+.5 | 5083 | 0 |
Closed/Sold January 16-22, 2023
| Address | Type | List Price | Sold Price | Sq. Feet | CDOM |
| 1612 Lake Front Rd | Detached | $950,000 | $945,000 | 1831 | 51 |
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.