Write A Note With Your Offer

With the cold weather out in force, and people preparing for the holidays, it would be safe to assume that the real estate market might be slow; that houses and the demand for houses decrease. However I have personally noticed that this is not the case.

I am working with about five people right now, who are all buyers. Three of which are ready to pick a house and start calling the moving company, two are just casually looking for “the house” to emerge from slumber somewhere within the Portland Metropolitan area. It is with my active buying clients that I am starting to see a trend: Every house we place a bid on has some kind of bidding war going on! Most of which have a set deadline where the listing agent will present all offers to the seller, and the seller will pick their highest and best bid to win the house.
Unfortunately, for those looking to move right now, this means that you may have to pay more for a house that needs a bit of work. Something I was telling one of my clients just last week was:
“The cost for this house is not in the quality (as it needed a new roof and some major work in the kitchen, yard, and bathrooms), but what you are paying for is the convenience of location.” (not to mention it had other bids, but we did not know this at the time)
This was kind of a jagged pill to swallow because she did not want to move so far out of town that she felt so out of reach from her friends and family, but she also did not want to spend all of her money on a house that would require more money to fix up. I don’t think anybody wants to feel left out of the goings-on when you have everybody so close into Portland.
So one of the things that I have suggested when we decide we want to enter into a bidding war for a property close to home, is write a letter. Simple and sweet. The thing about writing a small one-page note (and maybe a scanned picture) is that you are reaching out to the seller on a more human level. Selling your house can be pretty emotional, sure the highest and best bid might be the greater offer. But sometimes there are sellers that are willing to sell their home to a reasonable buyer who reminds them of themselves, or has something interesting going on in their lives (marriage, children, cool hobbies). I once had a buyer whose bid was accepted because I had mentioned that my buyer collected motorcycles! It really could take just that simple thread of showing a bit of identity with your offer that means you beat all offers out of the water.

In any case, my buyers are still surfing the market looking for the right house, as I have noticed all have multiple offers. And I’m sure if you are in the market to buy right now you may be running into the same issue. So try writing a little one page note introducing yourself and your family, and who knows. It might just evoke the holiday spirit, and you win a bidding war on the house of your dreams.

Written by: Whitney Gregoire

Market Activity Report Nov 16 – 22nd, 2015

Hope everybody had a wonderful and safe holiday! Looks like the week before turkey day was pretty busy! We had 13 pending properties, and 18 that where sold. 8 new houses have hit the market, feel free to check them out!

Following is the breakdown for you according to RMLS for last week:

New on the Market (Nov 16-22, 2015)

Address Type Price Bedrooms Bathrooms Sqft
95 OSWEGO SMY CONDO 135,000 2 1.5 1116
3804 BOTTICELLI ST CONDO 167,000 2 1.5 1143
668 MCVEY AVE #40 CONDO 175,000 1 1 626
3954 CARMAN DR CONDO 219,900 2 2.5 1132
5340 CHIN00K CT DETACHED 410,000 3 2 1862
225 HIDALGO ST DETACHED 499,999 4 2.5 2299
547 2ND ST CONDO 625,000 2 2 1529

Pending Sales (Nov 16-22, 2015)

Address Type Price Bedroom Bathrooms DOM
61 GALEN RD CONDO 110,000 1 1 3
16250 PACIFIC HWY #54 CONDO 134,900 1 1 63
668 MCVEY AVE #25 CONDO 299,900 1 1 0
4347 SILVER CT CONDO 319,000 3 2.5 26
27 AQUINAS ST DETACHED 342,000 3 2.5 142
6355 SW DAWN ST DETACHED 345,900 3 2 5
18802 REDWING WAY DETACHED 439,000 3 2 34
1371 KOAWOOD DR DETACHED 599,900 4 3 115
13485 STEAMSIDE DR DETACHED 729,900 3 3 18
1255 BICKNER ST DETACHED 850,000 4 2.5 53
18945 BRYANT RD DETACHED 987,000 5 3 24
2091 SUMMIT DR DETACHED 1,150,000 3 2.5 40
1300 FOREST MEADOWS WAY DETACHED 1,299,000 5 3.5 88

Sold/Closed  (Nov 16-22, 2015)

Address Type List Price Close Price Sqft DOM
100 KERR PKWY #36 CONDO 115,500 115,500 631 42
4000 CARMAB DR g107 CONDO 174,800 171,013 1100 3
3696 SPRING LN 3B CONDO 269,900 285,000 1117 14
12802 BOONS FERRY RD CONDO 339,000 339,000 1454 25
5336 TREE ST DETACHED 379,950 379,950 1696 21
17701 BLUE HERON WAY DETACHED 418,900 380,000 2002 205
89 KINGSGATE RD DETACHED 399,990 394,000 1713 42
5882 KENNYCROFT WAY DETACHED 409,990 409,000 1272 5
17280 WESTVIEW DR DETACHED 487,000 487,000 2324 19
16731 ALDER CIR DETACHED 555,000 550,000 2301 8
15001 TWIN FIR RD DETACHED 585,000 575,000 2664 172
16 WESTMINSTER DR DETACHED 625,000 622,000 3202 2
607 ASH ST DETACHED 659,000 629,200 2860 72
2395 PALISADES CREST DR DETACHED 649,900 640,000 3397 141
17337 CEDAR RD DETACHED 719,000 653,500 3080 29
1061 YATES ST DETACHED 839,900 825,000 2837 33
1075 CHANDLER RD DETACHED 1,975,000 1,794,421 5710 48
1845 HIIGHLANDS LOOP DETACHED 2,500,000 2,230,000 5001 138

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.

Dressing For the Rain

Here in Oregon we gear up for the persistent rainy season – which usually lasts from October until June (or perhaps it would be fitting to call our summer the one and only sunny season).
In any case, Oregon is very much known for its greenery and its rain. So how do we locals get ready for the rain?

Rain jackets and wind-breakers. Though wind-breakers are virtually fashionable sheets of waterproof rubber, these bad boys remain the mark of the state! In fact many who have lived here for generations will opt for their wind-breaker rather than an umbrella. Wind-breakers are also nice because you can wear them on the outside of your cloth warm jacket or work blazer. Get yourself a charming pair of rubber goulashes and you’re set!

Art: “Smile At The Rain” – by Beth Mendrickson Logan
(I chose to use this piece of art, which belongs to Beth Logan, because as a little girl I remember seeing it in my classroom. My teacher said: You can tell an Oregonian by how they hold their head up high in the rain.)

Smile At The Rain

Market Activity Oct 26th – Nov 1st, 2015

This is the first week in quite a long while that I have seen such a small lineup of new listings. The mad rush of inventory that we had through the summer, and into the early fall, is now ending. As the winter begins to approach, and we hunker down with warm drinks and jackets, we’ll also see the real estate market slow down.
Hope everybody has some wonderful plans for turkey day!

Following is the breakdown for you according to RMLS for last week:

New on the Market (Oct 26th-Nov 1st, 2015)

Address Type Price Bedrooms Bathrooms Sqft
67 OSWEGO SMT #67 CONDO 179,000 2 2 1212
42 ORIOLE LN DETACHED 350,000 3 2 1290
19 EL GRECO ST DETACHED 698,950 4 3 3030
1269 LAKE GARDEN CT DETACHED 929,000 4 2.5 2056
18945 BRYANT RD DETACHED 987,000 5 3 4755

Pending Sales (Oct 26th-Nov 1st, 2015)

Address Type Price Bedroom Bathrooms DOM
4 TOUCHSTONE #130 CONDO 159,900 2 2 2
668 MCVEY AVE #14 CONDO 179,000 1 1 92
48 EAGLE CREST DR 5E CONDO 205,000 2 2 55
5225 JEAN RD #201 CONDO 224,900 3 2 72
4347 SILVER CT CONDO 319,000 3 2.5 7
80 KINGSGATE RD DETACHED 349,900 3 2 3
5253 TIMBERGROVE ST DETACHED 357,500 3 2 8
18305 FERNBROOK CT DETACHED 399,900 3 2 2
55 NORTH SHORE RD #4 CONDO 415,000 2 2 36
19229 LONGFELLOW AVE DETACHED 419,900 2 2 4
14754 DAVIS LN ATTACHED 445,000 3 2.5 83
17520 REDFERN AVE DETACHED 499,900 3 2 48
432 LININGGOOD LLN DETACHED 519,000 4 3 114
5336 COVENTRY CT DETACHED 524,500 4 2.5 3
316 MIDDLECREST RD DETACHED 595,000 3 2.5 75
4744 CAMBRIDGE CT ATTACHED 605,000 3 2.5 0
17440 BLUE HERON RD DETACHED 699,000 3 3 45
17454 CANAL CIR DETACHED 755,000 3 2.5 47
1032 WESTWARD HO RD DETACHED 929,000 4 3.5 797
3070 WEMBLEY PARK RD DETACHED 1,459,000 4 3.5 127
17700 UPPER CHERRY LN DETACHED 2,500,000 5 5.5 8
1210 CHANDLER RD DETACHED 2,975,000 4 5.5 512

Sold/Closed  (Oct 26th-Nov 1st, 2015)

Address Type List Price Close Price Sqft DOM
4000 CARMAN DR #33 ATTACHED 165,000 170,000 1100 3
3892 BOTTICELLI ST CONDO 235,000 225,000 1288 180
4405 THUNDER VISTA LN CONDO 275,000 270,000 1922 11
1559 WORTHINGTON ST DETACHED 434,900 390,000 2016 83
18357 HEATHER ANN CT DETACHED 439,900 440,000 1832 2
27 DEL PRADO ST DETACHED 449,000 525,000 3341 7
39 NOVA CT DETACHED 539,000 525,000 2590 4
3232 WEMBLEY PARK RD DETACHED 799,900 530,000 2805 108
6 GROUSE TER DETACHED 544,900 534,900 3576 3
729 SOUTHVIEW RD DETACHED 725,000 603,000 2657 141
13836 AMBERWOOD CIR DETACHED 869,000 655,000 4183 184
2189 FERNWOOD CIR DETACHED 650,000 695,000 2921 141
23 MASAEYK ST DETACHED 724,000 724,000 2861 7
1874 GLENMORRIE TER DETACHED 939,000 817,500 3508 295
1943 INDIAN TRAIL DETACHED 869,850 875,000 2960 4
4640 DOGWOODDR DETACHED 1,100,000 900,000 3500 13
475 8TH ST DETACHED 999,950 970,000 2699 65
635 IRON MOUNTAIN BLVD DETACHED 1,369,000 1,369,000 4736 0
2950 WEMBLEY PARK RD DETACHED 1,950,000 1,795,000 6329 111
1186 CRESTLINE CT DETACHED 3,975,000 2,087,730 14411 1457

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.

Teal Pumpkins in Lake Oswego

Hello everybody! I hope fall has been pleasant and enjoyable. We seem to be having some of this warm weather stretch out, which will hopefully mean a fun and dry Halloween!
Halloween is my favorite holiday, not only because of the candy and costumes but also because you get to walk with your family around the neighborhood and see the creative decorations that your neighbors worked tirelessly to put out.
One such addition to our spooky decorations that we may be seeing in Lake Oswego is the presence of a teal pumpkin. With food allergies becoming a growing concern the Food Allergy Research and Education has launched a project to encourage households to hand out non-food treats for the little ones. This way children with food allergies can enjoy this holiday without risk of getting sick.
There is an official pledge that I strongly suggest you visit here, though you can be an unofficial participant simply by having a teal pumpkin out and handing out toys instead of candy. When your teal pumpkin is out that will let parents know that you provide non-candy options. Though I do recommend you check out the official web site to learn a bit more before doing this.

Here are some non-candy ideas:
Spooky Halloween toys
Jelly bracelets
Spooky Halloween stationary (like pencils and erasers)
Bubbles!
Spooky Halloween jewelry
Glow sticks!

I hope everybody here in Lake Oswego has a safe and fun Halloween!

Teal Pumpkin

The TEAL PUMPKIN PROJECT and the Teal Pumpkin Image are trademarks of Food Allergy Research & Education (FARE).

Market Activity Oct 5th – 11th, 2015

We are seeing a gradual decline in activity: Though we have 26 pending properties, 25 sold houses, there are only 7 new listings entering into the market. It will be interesting to see how this affects the activity over the next few weeks.

Hope everybody is staying happy and safe this October!

Following is the breakdown for you according to RMLS for last week:

New on the Market Oct 5- Oct 11, 2015)

Address Type Price Bedrooms Bathrooms Sqft
16309 SW LAKE FOREST BLVD DETACHED 385,000 3 2 1608
6105 SHAKESPEARE ST DETACHED 400,000 4 2 1550
5640 MERIDIAN CT DETACHED 799,800 4 3.5 3459
4018 CANAL WOODS CT DETACHED 899,000 5 3.5 3600
2351 PALISADES CREST DR DETACHED 995,000 5 2.5 4564
2091 SUMIT DR DETACHED 1,150,000 3 2.5 2598
855 G AVE DETACHED 1,595,000 3 2.5 3625

Pending Sales Oct 5- Oct 11, 2015)

Address Type Price Bedroom Bathrooms DOM
100 KERR PKWY #36 CONDO 115,500 1 1 42
4000 CARMAN DR #88 CONDO 149,000 2 2 28
4000 CARMAN DR G107 CONDO 174,800 2 2 3
15230 BOONES WAY 1D CONDO 205,000 2 2 4
52 CERVANTES CIR 3-A CONDO 209,000 2 1.5 58
4434 THUNDER VISTA LN ATTACHED 247,000 2 2.5 36
3696 SPRING LN 3B CONDO 269,900 2 2 14
1228 CEDAR ST DETACHED 337,500 3 2 43
18690 DON LEE WAY DETACHED 350,000 3 2 28
17701 BLUE HERON WAY DETACHED 399,000 3 2.5 205
89 KINGSGATE RD DETACHED 399,990 3 2.5 42
3674 CARMAN DR DETACHED 449,000 3 2.5 38
5063 CENTERWOOD ST DETACHED 480,000 4 3 19
17280 WESTVIEW DR DETACHED 487,000 3 3 19
6059 FROST LN DETACHED 508,000 4 2.5 14
18529 DEERBRUSH AVE DETACHED 550,000 4 2.5 8
16731 ALDER CIR DETACHED 555,000 3 2.5 8
2395 PALISADES CREST DR DETACHED 649,900 4 3 141
17337 CEDAR RD DETACHED 675,000 4 3.5 29
37 DA VINCI ST DETACHED 699,900 4 2.5 18
3211 ALBER SPRING CT DETACHED 739,000 4 2.5 2
19133 MEGAN PL DETACHED 749,000 4 3.5 115
18970 BRYANT RD DETACHED 799,900 4 3 46
1061 YATES ST DETACHED 839,900 3 3.5 33
1211 BAYBERRY RD DETACHED 1,125,000 6 5 79
581 2ND ST #581 DETACHED 1,200,000 2 2.5 60

SOLD  (Oct 5- Oct 11, 2015)

Address Type List Price Close Price Sqft DOM
47 EAGLE CREST DR #20 CONDO 126,950 104,000 1009 87
3433 MCNARY PKWY #704 CONDO 169,000 174,900 1008 46
668 MCNARY AVE #44 CONDO 199,000 175,000 636 54
16250 PACIFIC HWY #42 CONDO 234,900 225,000 1350 17
4343 BEASLEY WAY DETACHED 250,000 280,000 1110 7
1819 BOCA RATAN DR ATTACHED 299,999 307,500 1405 3
105 KINGSGATE RD DETACHED 319,900 320,000 1500 66
937 OAK ST DETACHED 445,000 420,000 3153 40
7 HIDALGO ST DETACHED 449,900 433,500 2408 124
19113 TERRY AVE DETACHED 415,000 434,000 1352 3
15144 BOONES WAY DETACHED 465,000 435,000 2409 37
6155 FROST LN DETACHED 488,900 444,888 2364 118
3180 EDGEMONT RD DETACHED 475,000 487,000 1704 5
4403 OAKRIDGE RD ATTACHED 539,000 540,000 2004 0
18707 TUALATA AVE DETACHED 549,900 605,000 2569 3
13265 FOX RUN DETACHED 625,000 620,500 2614 3
2322 STONEHURST CT DETACHED 715,000 650,000 3676 41
311 3RD ST ATTACHED 678,988 664,200 2123 18
595 D AVE DETACHED 1,075,000 1,000,000 3760 75
701 4TH ST DETACHED 1,030,000 1,030,000 2885 3
5220 FIRWOOD RD DETACHED 1,125,000 1,100,000 2507 8
17327 KELOK RD DETACHED 1,250,000 1,100,000 2300 145
17435 WREN CT DETACHED 1,299,900 1,326,000 2960 2
2793 POPLAR WAY DETACHED 1,699,000 1,575,000 6536 16
1115 LAKE FRONT RD DETACHED 1,898,000 1,790,000 3900 6

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.

Market Activity Sept 14th to 20th, 2015

Wow lots of new listings have hit the market within the week. Among those 27 houses my mother has a new listing that you have just got to check out at 2 Walking woods dr! What a beautiful house.
20 homes are currently in escrow, which means that the fall is shaping up to continue this busy trend.
And 20 closes this last week. Congrats you guys!

Following is the breakdown for you according to RMLS for last week:

New on the Market (Sept 14-Sept 20, 2015)

Address Type Price Bedrooms Bathrooms Sqft
16250 PACIFIC HWY #54 CONDO 154,900 1 1 841
4405 THUNDER VISTA LN CONDO 275,000 2 2.5 1922
235 CERVANTES CONDO 329,000 2 2 1100
12802 BOONS FERRY RD CONDO 339,000 3 2.5 1454
4226 WOODSIDE CIR ATTACHED 339,900 3 2 1578
14752 DAVIS LN ATTACHED 445,000 3 2.5 1954
55 NORTHSHORE RD #4 CONDO 474,500 2 2 1554
17280 WESTVIEW DR DETACHED 487,000 3 3 2324
9 FALSTAFF ST DETACHED 509,000 4 2.5 2436
5063 CENTERWOOD ST DETACHED 519,000 4 3 2094
1273 ROCKINGHORSE LN DETACHED 575,000 3 2.5 2192
2215 FERNWOOD CIR DETACHED 599,000 4 3 2640
2 WALKING WOODS DR DETACHED 629,000 4 3 4116
15837 ALLISON PL DETACHED 679,000 4 2.5 3534
37 DA VINCI ST DETACHED 699,900 4 2.5 2152
17440 BLUE HERON RD DETACHED 719,000 3 3 2549
17433 BROOKHURST DR DETACHED 749,000 5 4.5 4002
14113 AMBERWOOD DIR DETACHED 749,000 4 2.5 3514
599 7TH ST DETACHED 800,000 4 3 2468
17454 CANAL CIR DETACHED 805,000 3 2.5 2475
5440 SOUTHWOOD DR DETACHED 809,000 4 2.5 3470
637 3RD ST ATTACHED 837,000 3 2.5 2643
625 3RD ST ATTACHED 837,000 3 2.5 2643
5051 LAKEVIEW BLVD DETACHED 949,800 4 3.5 3355
4112 ORCHARD WAY DETACHED 950,000 5 4 4190
4120 CANAL RD DETACHED 1,150,000 4 3.5 4104
2445 GLENMORRIE DR DETACHED 1,385,000 5 5 5106

Pending Sales (Sept 14-Sept 20, 2015)

Address Type Price Bedroom Bathrooms DOM
100 KERR PKWY CONDO 144,900 2 2 3
86 KINGSGATE RD D105 CONDO 159,900 2 2 5
17 CRESTFIELD CT CONDO 163,000 2 1 0
5052 FOOTHILLS DR F CONDO 220,000 3 2 2
4343 BEASLEY WAY DETACHED 250,000 2 2 7
1638 BOCA RATAN DR ATTACHED 269,500 3 1.5 19
1325 BONNIEBRAE DR ATTACHED 274,900 3 2 2
18561 SW KRISTI WAY DETACHED 349,000 3 2.5 1
18690 DON LEE WAY DETACHED 350,000 3 2 8
25 ORIOLE LN DETACHED 439,975 3 2 32
39 NOVA CT DETACHED 539,000 4 2.5 4
4403 OAKRIDGE RD ATTACHED 539,000 3 2.5 0
4926 MULHOLLAND DR ATTACHED 550,000 3 2.5 1
207 EVERGREEN DR ATTACHED 582,000 3 3.5 37
13265 FOX RUN DETACHED 625,000 4 2.5 3
49 BRIARWOOD RD DETACHED 650,000 3 2 5
240 MARYLVIEW CT DETACHED 739,000 4 2.5 24
17766 MARYCREEK DR DETACHED 749,000 4 3.5 68
13084 KNAUS RD DETACHED 799,000 4 2.5 45
1874 GLENMORRIE TER DETACHED 850,000 3 3 295

Sold/Closed  (Sept 14-Sept 20, 2015)

Address Type List Price Close Price Sqft DOM
47 EAGLE CREST DR #14 CONDO 100,000 87,500 666 105
44 EAGLE CREST DR #10 CONDO 93,900 90,000 798 56
4045 JEFFERSON PKWY CONDO 230,000 230,000 1182 3
5061 FOOTHILLS DR E CONDO 209,900 231,500 991 3
4433 THUNDER VISTA LN CONDO 274,900 278,000 1980 50
39 CONDOLEA CT CONDO 375,000 347,500 2198 39
147 KINGSGATE RD DETACHED 349,900 350,600 1120 20
523 2ND ST #105 CONDO 489,000 459,000 1208 20
13951 SHIREVA CT DETACHED 499,900 489,000 2185 117
1161 UPPER DEVON LN DETACHED 560,000 525,000 2265 420
18121 PIONEER CT DETACHED 550,000 550,000 2310 5
4004 MELISSA DR DETACHED 625,000 600,000 2865 133
1545 CLOVERLEAF RD DETACHED 640,000 600,000 2723 37
18117 WESTMINSTER DR DETACHED 675,000 690,000 3233 1
13852 AMBERWOOD CIR DETACHED 775,000 740,000 3032 17
14360 UPLANDS DETACHED 849,000 837,000 2577 31
3950 EDENS EDGE DR DETACHED 1,149,850 1,075,000 4427 45
3967 CANAL RD DETACHED 1,199,800 1,100,000 3875 36
400 D AVE DETACHED 1,239,000 1,150,000 4000 22
401 9TH ST DETACHED 1,590,000 1,275,000 4288 138

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.

Market Activity Aug 24th – 30th, 2015

Summer is starting to wind down, especially with school starting. You can tell that there is just that slight crisp tone in the air letting you know that the leaves are going to start changing color and cover the ground in brilliant golds, oranges, and reds.
For a moment there the market felt like it was starting to follow suit, though there has been a slight hike in sales (especially condos).

Following is the breakdown for you according to RMLS for last week:

New on the Market (Aug 24th-30th, 2015)

Address Type Price Bedrooms Bathrooms Sqft
100 KERR PKWY #36 CONDO 115,500 1 1 631
4619 LAKEVIEW BLVD CONDO 116,500 1 1 753
1228 CEDAR ST DETACHED 349,500 3 2 1302
89 KINGSGATE RD DETACHED 399,990 3 2.5 1713
5363 GREYSTOKE DR DETACHED 439,900 3 2 1568
4330 ORCHARD WAY DETACHED 445,000 4 2.5 2099
18275 PILKINGTON RD DETACHED 459,000 3 2 2088
2470 MARYLVIEW CT DETACHED 739,000 4 2.5 3486
13000 ROGERS RD DETACHED 769,000 3 2.5 3252
5959 SUNCREEK DR DETACHED 799,000 4 2.5 3315
15825 OSWEGO SHORE CT DETACHED 2,200,000 3 3.5 4317
18060 EASTRIDGE LN DETACHED 2,995,000 4 4.2 5111

PENDING SALES (Aug 24th-30th, 2015)

Address Type Price Bedroom Bathrooms DOM
4 TOUCHSTONE #153 CONDO 145,000 2 2 32
319 CERVANTES CONDO 199,900 3 2 14
1448 BONNIEBRAE DR ATTACHED 250,000 2 1.5 1
17872 PILKINGTON RD DETACHED 254,900 3 2 30
4097 JEFFERSON PKWY CONDO 259,000 2 2.5 6
210 SSTATE ST #3 CONDO 297,500 2 1.5 21
1819 BOCA RATAN DR ATTACHED 299,999 3 2 3
27 AQYINAS ST DETACHED 380,000 3 2.5 57
19113 TERRY AVE DETACHED 415,000 3 2 3
937 OAK ST DETACHED 445,000 3 3 10
7 HIDALGO DETACHED 445,500 3 2.5 124
1648 ASH ST DETACHED 449,900 3 2 2
14674 RAINBOW DR DETACHED 569,000 4 3 44
865 PALISADES TERRACE DR DETACHED 579,000 3 3 43
5466 BAY CREEK DR DETACHED 615,000 3 3 35
WESTVIEW DR DETACHED 624,950 4 2.5 1117
2322 STONEHURST CT DETACHED 699,000 4 2.5 41
14102 GOODALL RD DETACHED 900,000 3 2.5 57
5220 FIRWOOD RD DETACHED 1,125,000 3 2.5 8
17388 CEDAR RD DETACHED 2,395,000 4 3.5 218

SOLD  (Aug 24th-30th, 2015)

Address Type List Price Close Price Sqft DOM
103 OSWEGO SMT #103 CONDO 144,549 135,000 1116 283
100 KERR PKWY #1 CONDO 159,500 139,000 1188 94
53 CHURCH ST CONDO 153,500 153,500 588 3
200 BURNHAM RD #300 CONDO 189,900 169,000 973 84
5849 FERNBROOK CIR DETACHED 27,500 256,500 1239 94
6331 SHAKESPEARE ST DETACHED 314,900 295,000 922 67
5882 KENNYCROFT WAY DETACHED 315,000 306,000 1272 34
4725 LAKEVIEW BLVD DETACHED 349,900 347,500 1589 18
1268 SPRUCE ST DETACHED 399,000 399,000 2009 108
5725 WINDFIELD LOOP DETACHED 424,950 40,500 1615 14
4545 DOGWOOD DR DETACHED 519,000 519,000 2483 2
15518 HERITAGE CT DETACHED 565,000 525,000 2700 66
13611 BLAZER TRL DETACHED 519,900 536,899 2549 3
31 WALKING WOODS DR DETACHED 500,000 550,000 2889 3
19664 RIVER RUN DR DETACHED 599,900 565,000 3051 84
3752 TEMPEST DR DETACHED 583,000 588,000 3017 3
17721 OVERLOOK CIR DETACHED 599,900 594,000 3172 44
16750 PHANTOM BLUFF CT DETACHED 614,500 607,250 2267 22
7140 CHILDS RD DETACHED 649,900 630,000 2600 9
4896 HASTINGS DR DETACHED 650,000 650,000 2785 30
18168 WESTMINSTER DR DETACHED 749,000 700,000 4220 112
15960 PARKER RD DETACHED 720,000 722,500 2566 9
5864 STEWART GLENN CT DETACHED 790,000 760,000 3224 69
1034 CEDAR ST DETACHED 795,000 799,500 2895 13
1944 PALISADES TERRACE DETACHED 994,000 887,930 4256 35
17469 KELOK RD DETACHED 1,175,000 1,200,000 2675 4
1000 ATWATER RD DETACHED 2,095,000 1,962,500 6391 120
1345 CHANDLER RD DETACHED 2,695,000 2,398,000 6800 98

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.

Market Activity August 03 – 09, 2015

Hello everybody!
Last week we saw some good activity here in Lake Oswego. 20 new houses entered the market, 28 properties have gone pending, and 21 homes where sold! Our summer, though cloudy today, has remained pretty hot in the real estate market!

Following is the breakdown for you according to RMLS for last week:

New on Market (Aug 03-Aug 09, 2015)

Address Type Price Bedrooms Bathrooms Sqft
47 EAGLE CREST DR #51 CONDO 90,000 1 1 666
45 EAGLE CREST DR #208 CONDO 185,000 2 2 1046
210 S STATE ST #3 CONDO 297,500 2 1.5 1495
16524 ROOSEVELT AVE DETACHED 349,000 3 1 1131
4141 CHILDS RD DETACHED 360,000 3 2 1339
17347 ASHLEY CT ATTACHED 459,900 4 2.5 2117
14754 DAVIS LN ATTACHED 460,000 3 2.5 1925
5475 BONTA RD DETACHED 519,000 3 2 1904
17920 MEADOWLARK LN DETACHED 569,000 4 2 2716
15585 PARTRIDGE DR DETACHED 620,000 4 2.5 2604
13084 KNAUS RD DETACHED 899,000 4 2.5 3285
12870 ELD ROCK RD DETACHED 950,000 4 3 2725
1361 COUNTRY CMNS DETACHED 1,150,000 3 2.5 3118
581 2ND ST #581 CONDO 1,200,000 2 2.5 2190
12842 ALTO PARK RD DETACHED 1,399,000 5 4.5 4359
2707 SOUTHSHORE BLVD DETACHED 1,449,000 3 3.5 3122
1131 NORTHSHORE RD DETACHED 1,485,000 5 3 3850
2793 POPLAR WAY DETACHED 1,699,000 5 5.5 6536
1075 CHANDLER RD DETACHED 1,975,000 5 4.5 5710
3012 LAKEVIEW BLVD DETACHED 4,988,000 5 4.5 5957

Pending Sales (Aug 03-Aug 09, 2015)

Address Type Price Bedroom Bathrooms DOM
203 OSWEGO SMT CONDO 169,900 2 2 357
4045 JEFFERSON PKWY CONDO 230,000 2 2.5 3
196 CERVANTES CONDO 239,900 2 1.5 12
48 EAGLE CREST DR 4D CONDO 245,000 2 2 4
4433 THUNDER VISTA LN CONDO 270,900 2 2.5 50
4433 KINGSGATE RD DETACHED 319,900 3 2 66
3497 DEVONSHIRE RD ATTACHED 329,900 3 2 6
19431 TUALAMERE AVE DETACHED 339,900 3 1.5 14
147 KINGSGATE RD DETACHED 349,900 2 2 6
4582 TRILLIUM WOODS ATTACHED 459,900 3 2.5 3
4840 DOGWOOD DR DETACHED 475,000 3 3 22
143 KINGSGATE RD DETACHED 475,000 3 2 8
13951 SHIREVA CT DETACHED 489,000 4 3 117
92 TANGLEWOOD DR DETACHED 529,950 4 2.5 23
18707 TUALATA AVE DETACHED 549,900 4 3 3
2701 LAKEVIEW BLVD DETACHED 589,000 4 2.5 9
1545 CLOVERLEAF RD DETACHED 610,000 4 3.5 37
891 G AVE DETACHED 625,000 4 2.5 2
18117 WESTMINSTER DR DETACHED 675,000 4 2.5 1
55 NORTHSHORE RD #11 CONDO 695,000 2 1.5 93
139 DEL PRADO ST DETACHED 699,000 3 2 94
13852 AMBERWOOD CIR DETACHED 749,900 4 2.5 17
5864 STEWART GLENN CT DETACHED 775,000 4 2.5 69
5321 CARMAN GROVE LN DETACHED 800,000 3 3 0
1944 PALISADES TERRACE DETACHED 919,000 4 2.5 35
400 D AVE DETACHED 1,239,000 5 3.5 22
462 9TH ST DETACHED 1,339,000 5 3.5 26
778 CABANA LN DETACHED 1,849,000 3 3 158

Sold/Closed  (Aug 03-Aug 09, 2015)

Address Type List Price Close Price Sqft DOM
226 RIDGEWAY RD CONDO 170,000 175,000 756 37
208 GREENRIDGE DR ATTACHED 337,500 318,000 1392 55
12828 BOONS FERRY RD ATTACHED 320,000 322,000 1136 15
14328 HOLLY SPRINGS RD DETACHED 439,000 428,900 1939 24
3508 RED CEDAR WAY DETACHED 429,900 436,003 1425 6
16946 LOWER MEADOWS DR DETACHED 450,000 440,000 1795 16
230 3RD ST DETACHED 450,000 461,500 1316 4
14480 CAMDEN LN DETACHED 475,000 469,000 1944 10
2891 DELLWOOD DR DETACHED 500,000 500,000 2928 4
27 BECKET ST DETACHED 575,000 539,000 2724 106
5045 GREENSBROUGH CT DETACHED 579,900 570,000 2107 9
760 TIMBERLINE DR DETACHED 624,500 605,000 3058 12
1562 CHANDLER RD DETACHED 779,000 779,000 2307 2
1790 SKYLAND DR DETACHED 900,000 900,000 6033 2
2024 PALISADES TERRACE DR DETACHED 975,000 975,000 4819 6
910 FAIRWAY RD DETACHED 1,069,000 1,023,500 3384 189
1956 CHERYL CT DETACHED 1,425,000 1,368,245 5334 129
17178 CEDAR RD DETACHED 1,495,000 1,525,000 4232 0
16511 MAPLE CIR DETACHED 1,695,000 1,618,500 3342 93
1199 FAIRWAY RD DETACHED 2,799,000 2,235,000 5527 328
16829 GREENBRIER RD DETACHED 2,495,000 217,500 3927 158

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.

Market Activity July 13 – 19, 2015

Whew, What a long list of homes to go through. It’s now past the middle of summer and Lake Oswego continues to be a hot spot to live in! We have so much going on! In the week before last we saw 21 houses hit the market, 29 homes going pending, and 26 properties sold.
I have to admit that I have been keeping an eye out for the house on 4660 Upper Dr, because it is along my running route. I’m happy to see it’s debut, feel free to check it out!

Following is the breakdown for you according to RMLS for last week:

New on Market (July 13-19, 2015)

Address Type Price Bedrooms Bathrooms Sqft
3433 MCNARY PKWAY #704 CONDO 169,000 2 2 1008
12848 BOONS FERRY RD ATTACHED 329,000 2 2 1182
258 CERVANTES ATTACHED 385,000 3 2.5 2312
5725 WINDFIELD LOOP DETACHED 424,950 2 2 1615
26 SPINOSA DETACHED 425,000 3 2.5 2065
92 TANGLEWOOD DR DETACHED 529,950 4 2.5 3614
4660 UPPER DR DETACHED 549,000 4 3 3100
865 PALISADES TERRACE DR DETACHED 579,000 3 3 1860
14674 RAINBOW DR DETACHED 599,000 4 3 3100
4708 HASTINGS PL DETACHED 600,000 4 2.5 2215
4688 FIRWOOD RD DETACHED 625,000 5 2.5 2436
18086 JENIFERS WAY DETACHED 699,000 3 2.5 2582
13852 AMBERWOOD CIR DETACHED 775,000 4 2.5 3032
1330 PINE ST DETACHED 799,900 4 3.5 3775
5833 STEWARD GLENN CT DETACHED 835,000 4 2.5 3258
14360 UPLANDS DR DETACHED 849,000 4 3.5 2577
3151 ALBER SPRING CT DETACHED 979,900 5 3.5 3802
151 BERWICK RD DETACHED 1,165,000 4 3 4387
13132 THOMA RD DETACHED 1,995,000 5 3.5 6000
3796 LAKEVIEW BLVD DETACHED 2,395,000 3 2.5 4150

Pending Sales (July 13-19, 2015)

Address Type Price Bedroom Bathrooms DOM
45 EAGLE CREST DR #216 CONDO 112,900 1 1 3
44 OSWEGO SMT #44 CONDO 129,900 2 2 2
4 TOUCHSTONE #146 CONDO 137,500 2 2 48
534 S STATE ST CONDO 146,000 1 1 82
200 BURNHAM RD #300 CONDO 179,999 1 1 84
5225 JEAN RD #203 CONDO 219,950 3 2 16
3812 BOTTICELLI ST CONDO 239,000 3 2 47
105 KINGSGATE RD DETACHED 319,900 3 2 40
5748 WINDFIELD LOOP DETACHED 400,000 3 3 59
3508 RED CEDAR WAY DETACHED 429,900 4 2 6
1931 KILKENNY RD DETACHED 430,000 4 2.5 1
15601 TANAGER DR DETACHED 435,000 3 2.5 13
4023 TROUT WAY DETACHED 470,000 4 2.5 4
4840 DOGWOOD DR DETACHED 475,000 3 3 0
27 DA VINCI ST DETACHED 477,500 4 3 83
5150 SW DAWN ST DETACHED 499,000 4 2 0
31 WALKING WOODS DR DETACHED 500,000 4 3 3
732 CLARA CT DETACHED 599,900 4 3.5 24
1511 WOODLAND TER DETACHED 599,900 5 2.5 106
15960 PARKER RD DETACHED 720,000 3 2.5 9
14205 EDENBERRY DR DETACHED 775,000 3 2.5 29
14153 EDENBERRY DR DETACHED 775,000 4 2.5 28
328 KENWOOD RD DETACHED 1,095,000 4 4 2
18347 LOTHLORIEN WAY DETACHED 1,098,000 5 3.5 27
910 TERRACE DR DETACHED 1,145,000 4 2.5 139
17509 RIDGEVIEW LN DETACHED 1,169,000 4 3.5 1
17469 KELOK RD DETACHED 1,175,000 3 2.5 4
1115 LAKE FRONT RD DETACHED 1,898,000 4 4 6
19300 STAFFORD RD DETACHED 1,995,000 4 2.5 2

Sold/Closed (July 13-19, 2015)

Address Type List Price Close Price Sqft DOM
336 CERVANTES CIR CONDO 149,900 132,000 1112 198
47 EAGLE CREST DR #18 CONDO 136,950 135,950 932 5
4 CRESTFIELD CT #4 CONDO 145,000 140,500 923 14
3433 MCNARY PKWY #701 CONDO 199,900 200,000 1136 6
22 GREENRIDGE CT ATTACHED 308,000 309,000 1596 2
17270 BRYANT RD DETACHED 399,000 399,000 2619 49
14383 HOLLY SPRINGS RD DETACHED 450,000 419,250 2238 82
5051 TUALATA LN DETACHED 410,000 423,000 1581 7
14594 WILMOT WAY DETACHED 448,000 426,500 1710 10
12519 SW 27TH PL DETACHED 440,000 435,000 1964 0
17000 CANYON DR DETACHED 439,900 445,000 2129 11
16915 CRESTVIEW DR DETACHED 469,000 450,000 2180 8
19226 CHILDS CT DETACHED 499,000 550,000 2552 3
1982 PARK FOREST AVE DETACHED 585,000 590,000 2765 24
555 COUNTRY CLUB RD DETACHED 639,900 619,950 2133 328
4040 VIRGINIA WAY DETACHED 649,000 655,000 2623 2
4141 BIRDBILL CT DETACHED 675,000 671,500 2912 8
38 DA VINCI ST DETACHED 699,000 675,000 2932 4
5441 BAY CREEK DR DETACHED 725,000 725,000 3117 15
5707 YORKSHIRE CT DETACHED 780,000 780,000 3400 0
851 9TH ST DETACHED 999,900 987,500 2699 6
1539 LAKE FRONT RD DETACHED 1,399,900 1,150,000 3385 293
1411 LAKE FRONT RD DETACHED 1,395,000 1,300,000 3349 50
16707 GRAEF CIR DETACHED 2,100,000 2,189,634 3841 4
1780 RIDGECREST DR DETACHED 3,750,000 3,550,000 6000 35

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.