Last week in Lake Oswego 21 new listings came onto the market, 19 houses became pending sales, and 15 sales closed. I always look for an interesting bit of information as I put together these reports. What stood out this week was the fact that of the 15 closed sales, 8 sold in less than 30 days, of which 2 sold in less than a week. So there are signs of life in this real estate market. A house that is well priced and in the right condition will sell quickly.
See below for further details (data derived from RMLS):
NEWLY LISTED (May 16-22, 2011)
| Address | Type | Price | Sq FT | BR | Baths |
| 322 Cervantes Cir | Condo | $99,990 | 832 | 2 | 1 |
| 4057 Jefferson Pkwy | Attached | $157,000 | 1228 | 3 | 2.5 |
| 3878 Botticelli St | Attached | $199,000 | 1171 | 3 | 2 |
| 15471 Brianne Ct | Attached | $249,900 | 1204 | 2 | 2.5 |
| 6138 Kenny St | Detached | $289,900 | 1190 | 3 | 1.5 |
| 755 5th St | Detached | $349,000 | 927 | 2 | 1 |
| 17071 Rebecca Ln | Detached | $399,900 | 2020 | 4 | 3 |
| 4727 Cambridge Ct | Attached | $399,900 | 2914 | 2 | 2.5 |
| 4737 Lakeview Blvd | Detached | $439,000 | 2546 | 4 | 2.5 |
| 3811 Childs Rd | Detached | $450,000 | 2006 | 3 | 2.5 |
| 46 Touchstone | Detached | $465,000 | 2271 | 4 | 3 |
| 14 Northview Ct | Detached | $475,000 | 2863 | 4 | 3.5 |
| 18 Morningview Cir | Detached | $540,000 | 2931 | 3 | 2.5 |
| 14390 Pfeifer Dr | Detached | $639,900 | 3337 | 5 | 3 |
| 14600 Pfeifer Way | Detached | $675,000 | 3462 | 4 | 2.5 |
| 4076 Orchard Dr | Detached | $759,000 | 3991 | 4 | 3.5 |
| 16827 Scott Ct | Detached | 829,000 | 3952 | 4 | 3.5 |
| 2917 Westview Cir | Detached | $1,150,000 | 4470 | 5 | 4.5 |
| 590 Oak Meadows Dr | Detached | $1,190,000 | 4584 | 4 | 4.5 |
| 3149 Douglas Cir | Detached | $1,195,000 | 5237 | 5 | 3.5+.5 |
| 17618 Crestline Dr | Detached | $1,495,000 | 6317 | 4 | 3.5+.5 |
PENDING SALES (May 16-22, 2011)
| Address | Type | Price | Sq Ft | BR | Baths | CDOM |
| 16250 Pacific Hwy #71 | Condo | $114,900 | 1305 | 2 | 2 | 50 |
| 20 Cervantes Cir | Condo | $136,500 | 912 | 2 | 1.5 | 34 |
| 218 Cervantes | Condo | $149,000 | 1320 | 2 | 1.5 | 65 |
| 5110 Lakeview Blvd | Detached | $239,500 | 1340 | 3 | 2 | 455 |
| 3 Saint Helens Cir | Detached | $249,500 | 1472 | 2 | 2 | 82 |
| 17401 Hill Way | Detached | $249,900 | 1597 | 3 | 2 | 90 |
| 1740 Kilkenny Dr | Detached | $274,999 | 2000 | 4 | 2.5 | 45 |
| 4235 Harvey Way | Detached | $279,000 | 1384 | 3 | 2 | 556 |
| 9 Churchill Downs | Detached | $339,900 | 1914 | 3 | 2 | 13 |
| 1270 Hida A Way Ln | Detached | $350,000 | 1907 | 3 | 2.5 | 19 |
| 960 Lake Forest Dr | Detached | $419,900 | 2838 | 3 | 2 | 424 |
| 4398 Glacier Lily St | Detached | $425,000 | 2936 | 4 | 2.5 | 67 |
| 1831 Kilkenny Dr | Detached | $425,000 | 2597 | 5 | 3 | 8 |
| 14674 Rainbow Dr | Detached | $449,000 | 3108 | 4 | 3 | 206 |
| 5287 Langford Ln | Detached | $599,900 | 2972 | 4 | 2.5 | 342 |
| 12387 Clara Ln | Detached | $750,000 | 3547 | 4 | 3 | 19 |
| 17471 Cardinal Dr | Detached | $899,900 | 3181 | 4 | 3.5 | 178 |
| 1115 Northshore Rd | Detached | $1,250,000 | 4330 | 4 | 4.5 | 385 |
| 14001 Goodall Rd | Detached | $1,329,000 | 5397 | 4 | 3.5 | 48 |
SOLD (May 16-22, 2011)
| Address | Orig. Price | Sold Price | Type | Sq Ft | CDOM |
| 3930 Lake Grove Ave 4A | $109,000 | $103,500 | Condo | 952 | 11 |
| 200 Burnham Rd #203 | $115,000 | $105,000 | Condo | 1160 | 6 |
| 100 Leonard St #3 | $249,000 | $220,000 | Condo | 1364 | 23 |
| 4382 Woodside Cir | $275,000 | $254,900 | Attached | 1250 | 37 |
| 928 Lake Front Rd | $345,000 | $285,000 | Detached | 2300 | 127 |
| 1459 Greentree Cir | $310,000 | $307,000 | Detached | 1683 | 156 |
| 1925 Mapleleaf Ct | $389,900 | $405,000 | Detached | 2096 | 3 |
| 1416 Cherry Crest Dr | $439,900 | $412,000 | Detached | 2792 | 45 |
| 4978 Bilford Ln | $449,000 | $440,000 | Detached | 2456 | 19 |
| 19319 SW Dogwood Ct | $519,900 | $480,000 | Detached | 3105 | 307 |
| 3885 Upper Dr | $729,000 | $499,000 | Detached | 3122 | 342 |
| 1088 Westward Ho Rd | $648,000 | $550,000 | Detached | 1837 | 86 |
| 5 Cellini Ct | $697,000 | $629,000 | Detached | 4895 | 323 |
| 17301 Bergis Farm Dr | $1,060,000 | $990,000 | Detached | 4737 | 12 |
| 17960 Crestline Dr | $1,375,000 | $1,250,000 | Detached | 3251 | 16 |
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