With just 5 pending sales and 8 closed sales last week, activity seems to be settling into the slower months of winter. However, we still had 20 new listings (not refreshed, truly new). At this time of year, people typically hold off on putting their house up for sale until after the holidays. To list your home now, you have got to be pretty motivated. I am suspicious that some of these homes are in financial trouble. I also know that corporations often move employees during the holidays if they are trying to close out a corporate year that matches the calendar year. Whatever the cause, we are back to more new listings than sales activity.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Nov. 30—Dec 6, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
LIST DATE
|
| Address | List Price | # BR | # BTHS | Total SF | Prop Type | List Date | ||
| 59 GALEN ST | $99,000 | 1 | 1 | 550 | CONDO | 12/2/2009 | ||
| 334 CERVANTES CIR | $144,900 | 2 | 1 | 832 | CONDO | 12/4/2009 | ||
| 75 GALEN ST | $159,900 | 2 | 2 | 995 | CONDO | 12/1/2009 | ||
| 4 TOUCHSTONE | $190,000 | 3 | 2.1 | 1,351 | CONDO | 12/1/2009 | ||
| 287 CERVANTES | $195,000 | 3 | 1.1 | 1,144 | CONDO | 12/4/2009 | ||
| 45 SW EAGLE CREST DR | $205,000 | 3 | 2 | 1,348 | CONDO | 12/2/2009 | ||
| 100 LEONARD ST | $264,900 | 2 | 2 | 1,364 | CONDO | 12/3/2009 | ||
| 16890 CORTEZ CT | $324,900 | 4 | 3 | 2,016 | DETACHD | 12/4/2009 | ||
| 1841 CLOVERLEAF RD | 349000 | 5 | 3 | 2,186 | DETACHD | 12/1/2009 | ||
| 837 OAK ST | 380000 | 3 | 2 | 2,816 | ATTACHD | 11/30/2009 | ||
| 15 CHURCHILL DOWNS | 380000 | 4 | 2 | 2,014 | ATTACHD | 11/30/2009 | ||
| 17942 SAINT CLAIR DR | 524900 | 4 | 2.1 | 2,533 | DETACHD | 12/1/2009 | ||
| 1250 PINE ST | 539000 | 4 | 2.1 | 2,856 | DETACHD | 12/3/2009 | ||
| 339 6TH ST | 599900 | 3 | 3.1 | 2,258 | ATTACHD | 12/1/2009 | ||
| 18081 WESTMINSTER DR | 599950 | 4 | 2.1 | 2,713 | DETACHD | 12/1/2009 | ||
| 15393 DIAMOND HEAD RD | 756400 | 4 | 2.1 | 3,192 | DETACHD | 12/2/2009 | ||
| 1010 HOODVIEW LN | 875000 | 4 | 3 | 3,058 | DETACHD | 11/30/2009 | ||
| 17802 SW Marylcreek DR | 887900 | 3 | 4 | 3,825 | DETACHD | 12/6/2009 | ||
| 18175 PILKINGTON RD | 899900 | 4 | 3.1 | 3,164 | DETACHD | 12/1/2009 | ||
| 444 6TH ST | 1095000 | 4 | 4.1 | 4,541 | DETACHD | 12/1/2009 |
PENDING SALES (Nov. 30 -Dec 6, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | List Price | # BR | # BTHS | Total SF | Prop Type | CDOM | |||
| 668 MCVEY AVE | $143,550 | 3 | 1.1 | 992 | CONDO | 59 | |||
| 5077 W SUNSET DR | $299,900 | 2 | 2.1 | 1,720 | ATTACHD | 102 | |||
| 4051 VIRGINIA WAY | $339,900 | 3 | 2.1 | 1,658 | DETACHD | 58 | |||
| 2753 VALE CT | $402,000 | 3 | 3 | 2,786 | DETACHD | 31 | |||
| 1575 IVY CT | $515,000 | 4 | 3 | 2,432 | DETACHD | 56 | |||
SOLD (Nov. 30-Dec 6, 2009)
| ADDRESS | ORIG. PRICE | SALE PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | O/Price | Close Price | # BR | # BTHS | Total SF | Prop Type | CDOM | ||
| 4 TOUCHSTONE CT | $137,900 | $105,000 | 3 | 2.1 | 1,350 | CONDO | 371 | ||
| 14 POLONIUS ST | $300,000 | $288,000 | 4 | 3 | 2,754 | DETACHD | 254 | ||
| 5096 SW TREE ST | $334,900 | $318,000 | 3 | 1.1 | 1,410 | DETACHD | 462 | ||
| 1990 WEMBLEY PARK RD | $399,900 | $390,000 | 4 | 3 | 3,162 | DETACHD | 27 | ||
| 2981 VALE CT | $512,450 | $475,500 | 5 | 2.1 | 3,516 | DETACHD | 436 | ||
| 5382 ROYAL OAKS DR | $555,000 | $492,500 | 4 | 2.1 | 2,970 | DETACHD | 194 | ||
| 135 FURNACE ST | $709,900 | $647,000 | 2 | 2.1 | 1,927 | CONDO | 97 | ||
| 827 8TH ST | $898,000 | $835,000 | 5 | 3.1 | 3,852 | DETACHD | 38 |
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.