There were 16 New, 10 Pending, and 4 Sold properties during last week’s Monday – Sunday period according to RMLS. (Note: RMLS data is based on data input by Listing Agents up to the date/time of our writing this post. This means that there is the -possibility- that something might have sold or gone pending and not been entered into RMLS yet, but these things are generally entered right away, so the RMLS data we compile & share is pretty accurate.)
We have been seeing an increase in Buyer activity according to RMLS lockbox stats as well. This is to be expected as rates are still low (though starting to increase a bit), FHA is still only requiring a low of 3.5% down (though this is supposed to increase significantly in the summertime) and the tax credits are in full force, coming with an April deadline. All this means that “looking” is starting now for those serious about finding that special property either as a First-Time Buyer, or one who is “Moving Up” (meaning: having been in their home for at least 5 years and buying under $800,000.). Tax credits are $8,000 & $6,500. respectively.
Here’ your data for last week (see below the tables for additional notes):
NEWLY LISTED (Jan. 18—Jan. 24, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | List Date |
| 44 EAGLE CREST DR | $139,000 | 1 | 1 | 798 | CONDO | 1/20/2010 |
| 4 TOUCHSTONE | $185,000 | 3 | 2.1 | 1,351 | CONDO | 1/20/2010 |
| 4322 BOTTICELLI ST | $279,900 | 2 | 2.1 | 2,043 | CONDO | 1/23/2010 |
| 4372 WOODSIDE CIR | $284,900 | 2 | 2 | 1,178 | ATTACHD | 1/18/2010 |
| 4 THE GROTTO | $289,000 | 3 | 2.1 | 1,534 | DETACHD | 1/24/2010 |
| 4717 FIRWOOD RD | $319,000 | 8 | 3 | 2,502 | DETACHD | 1/22/2010 |
| 4730 FIRWOOD RD | $375,000 | 4 | 2 | 2,124 | DETACHD | 1/23/2010 |
| 2245 GLEN HAVEN RD | $379,000 | 3 | 1.1 | 1,276 | DETACHD | 1/20/2010 |
| 8 POLONIUS | $385,000 | 3 | 2 | 1,760 | DETACHD | 1/22/2010 |
| 15965 INVERURIE RD | $385,000 | 4 | 2 | 1,915 | DETACHD | 1/22/2010 |
| 1571 WOODLAND TER | $450,000 | 4 | 2 | 2,400 | DETACHD | 1/19/2010 |
| 19203 SW Megly Ct | $589,900 | 5 | 3.1 | 3,595 | DETACHD | 1/22/2010 |
| 727 6TH ST | $895,000 | 4 | 2 | 2,884 | DETACHD | 1/20/2010 |
| 356 9TH ST | $1,175,000 | 4 | 3.1 | 3,647 | DETACHD | 1/21/2010 |
| 18735 BRYANT RD | $1,181,900 | 5 | 3.1 | 5,597 | DETACHD | 1/18/2010 |
| 95 IRON MOUNTAIN BLVD | $1,950,000 | 5 | 4.1 | 4,818 | DETACHD | 1/21/2010 |
PENDING SALES (Jan. 18 – Jan. 24, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 45 SW EAGLE CREST DR | $205,000 | 3 | 2 | 1,348 | CONDO | 50 |
| 192 RIDGEWAY RD | $209,900 | 2 | 1 | 1,659 | CONDO | 148 |
| 4447 GOLDEN LN | $229,000 | 2 | 2.1 | 1,980 | ATTACHD | 531 |
| 17350 BLUE HERON RD | $330,000 | 4 | 2.1 | 2,880 | DETACHD | 9 |
| 2650 DELLWOOD DR | $410,000 | 4 | 3 | 3,238 | DETACHD | 295 |
| 4651 HASTINGS PL | $454,900 | 4 | 2.1 | 2,215 | DETACHD | 15 |
| 2000 WEMBLEY PARK RD | $540,000 | 4 | 3 | 2,660 | DETACHD | 89 |
| 5310 WASHINGTON CT | $624,900 | 4 | 3.1 | 3,328 | DETACHD | 878 |
| 1505 COUNTRY CLUB RD | $682,500 | 6 | 4.1 | 5,463 | DETACHD | 229 |
| 2201 HAZEL RD | $1,399,000 | 4 | 3.5 | 5,446 | DETACHD | 605 |
SOLD (Jan. 18 – Jan. 24, 2010)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4000 SW CARMAN DR | $154,900 | $143,500 | 2 | 2 | 925 | CONDO | 137 |
| 14431 SHERBROOK PL | $299,900 | $284,000 | 4 | 3 | 3,284 | DETACHD | 365 |
| 5506 ROYAL OAKS DR | $399,900 | $410,000 | 4 | 3 | 2,317 | DETACHD | 19 |
| 34 HILLSHIRE DR | $598,000 | $510,000 | 3 | 2.1 | 3,822 | DETACHD | 699 |
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.
Wow, those really are “hyper-local” home sales stats! Good job…. 699 CDOM sounds like they must have adjusted the price a few times, and I bet the agent is very happy it finally sold 😉
Doug,
Yes, this particular home is a great one in a great neighborhood. It originally went on the market in January of 2008 at $799,000. And of course it just sold at $510,000… this for nearly 4000SF of house, built in 1983 on a .28 acre lot in Lake Oswego….. We’re seeing the ones that have been on the market a long time moving now, as well as new ones that are priced right from the get go. Signs of the times!