Market Activity Report ~ Jan 31 – Feb 6, 2011

Last Week Lake Oswego saw 15 New properties enter the market, 11 move to Pending status, and 12 Closed sales.

See below for further details according to RMLS:

NEWLY LISTED (Jan 31-Feb 6, 2011)

Address List Price # Beds # Baths Total SF Prop Type
4322 BOTTICELLI ST $239,900 2 2.1 2043 CONDO
4382 WOODSIDE CIR $275,000 2 2 1250 CONDO
8 CONDOLEA DR $279,000 2 0.2 1312 CONDO
575 HEMLOCK ST $289,000 3 2 1175 DETACHD
5204 ROSEWOOD ST $344,900 3 2.1 1683 DETACHD
6122 CARMAN DR $380,000 4 0.2 1508 DETACHD
18929 INDIAN SPRINGS RD $435,000 4 3 3380 DETACHD
15 CHURCHILL DOWNS $499,900 3 2 2014 DETACHD
16219 WHITE OAKS DR $549,000 4 2.1 2862 DETACHD
134 DEL PRADO ST $589,000 5 3 3600 DETACHD
1941 SW Green Acres LN $619,900 3 3 2542 DETACHD
2011 RIDGEWOOD LN $668,950 5 3.1 3012 DETACHD
4186 LAKEVIEW BLVD $675,000 2 1.1 1800 DETACHD
1015 SOUTHSHORE BLVD $695,000 4 3 3522 DETACHD
6435 MCDUFF CT $759,950 4 3.1 3206 DETACHD

PENDING SALES (Jan 31 – Feb 6, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
99 OSWEGO SMT $69,900 2 1.1 1116 CONDO 88
243 CERVANTES CIR $95,000 2 2 1292 CONDO 319
186 OSWEGO SMT $199,500 2 2 1506 CONDO 94
18 SUMMIT RIDGE CT $275,000 2 2.1 1548 ATTACHD 321
5827 BONITA RD $299,900 4 2 1771 DETACHD 245
13332 VERMEER DR $409,900 4 3 2382 DETACHD 10
5714 CHARLES CIR $460,000 4 3 2501 DETACHD 32
19245 SW MEGLY CT $559,900 5 3 3490 DETACHD 246
744 9TH ST $995,000 4 3.1 4255 DETACHD 465
163 IRON MOUNTAIN BLVD $1,075,000 4 3.1 4314 DETACHD 102
3700 UPPER DR $1,390,000 4 3.1 5191 DETACHD 321

SOLD (Jan 31 – Feb 6, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #102 $99,900 $91,000 4 2 1488 CONDO 144
16250 PACIFIC HWY #63 $169,000 $99,000 2 2 1311 CONDO 1206
16 MOUNTAIN CIR $160,000 $115,000 2 2 1065 ATTACHD 236
4314 BOTTICELLI ST $229,000 $213,000 2 2.1 2098 CONDO 60
1818 COUNTRY CLUB RD $269,000 $245,000 4 2 1596 DETACHD 55
427 9TH ST $299,900 $285,000 4 2 2130 DETACHD 136
4243 ALBERT CIR $354,000 $330,000 4 3 2257 DETACHD 132
4198 GLACIER LILY ST $389,000 $440,000 4 3 2806 DETACHD 3
15671 VILLAGE DR $649,000 $550,000 3 2.1 3390 DETACHD 612
14480 KRUSE OAKS BLVD $749,900 $680,000 4 3.1 4661 DETACHD 281
1901 CHERYL CT $949,900 $930,757 4 4.1 4863 DETACHD 16
3118 DOUGLAS CIR $1,275,000 $975,000 3 2.1 3562 DETACHD 281

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 Report for January 24-30, 2011

Here is your market activity report for January 24 to 30, 2011. Last week brought us 16 new listings, 12 pending sales, and 9 closed sales.

See below for further details according to RMLS:

NEWLY LISTED (Jan 24-30, 2011)

Address Type Price Sq FT BR Baths
12 Crestfield Ct #12 Condo $54,900 552 1 1
668 McVey Ave #74 Condo $110,000 626 1 1
57 Church St Condo $134,500 636 1 1
4043 Jefferson Pkwy Condo $143,000 1182 2 2.5
6 Condolea Dr Condo $198,000 1312 2 2
151 Kingsgate Rd Detached $275,000 1585 3 2
18715 Indian Creek Dr Detached $353,900 1976 3 2
1717 Woodland Ter Detached $388,426 2146 3 2.5
9 Condolea Dr Condo $395,000 2198 3 3
4750 Auburn Ln Attached $439,000 2679 3 3.5
6 Westridge Dr Detached $509,000 3169 4 2.5
16880 Maple Cir Detached $549,950 2080 3 3
3899 Daniel Way Detached $550,000 3112 4 2.5
13615 Knaus Rd Detached $575,000 1755 2 2
324 9th St Detached $824,500 2743 4 2.5
100 Giribaldi St Detached $899,000 4572 5 3.5+.5

PENDING SALES (Jan 24-30, 2011)

Address Type Price Sq Ft BR Baths CDOM
15930 Waluga Dr Detached $225,000 1040 3 1.5 505
790 Boca Ratan Dr Detached $242,403 2112 3 2 42
18148 Belmore Ave Detached $245,000 1008 3 1 7
427 9th St Detached $284,900 2130 4 2 136
939 Sunnyhill Ct Detached $349,900 3250 4 2.5 236
521 2nd St #104 Condo $399,000 1339 2 2 742
1189 Sunningdale Ct Detached $424,900 2072 3 2.5 114
22 Del Prado St Detached $559,900 4056 5 3.5 114
15459 Village Dr Detached $649,000 3059 4 3.5 88
610 Cabana Ln Detached $849,000 1729 3 2 171
735 Terrace Dr Detached $1,300,000 3090 3 2.5 221
18000 Eastridge Ln Detached $1,500,000 5554 4 5.5 562

SOLD (Jan 24-30, 2011)

table >

Address Orig. Price Sold Price Type Sq Ft CDOM
4093 Jefferson Pkwy $199,000 $150,000 Attached 1359 175
4438 Thunder Vista $199,900 $169,900 Condo 2040 73
464 5th St $197,715 $197,800 Condo 1092 61
14101 Goodall Rd $350,000 $286,000 Detached 1816 128
15824 Boones Way $384,900 $350,000 Detached 1895 58
1931 Woodland Ter $369,000 $350,000 Detached 2817 269
73 Tanglewood Dr $437,450 $380,000 Detached 4278 613
611 Iron Mtn Blvd $510,000 $445,000 Detached 1322 149
4464 Lakeview Blvd $1,399,000 $1,295,000 Detached 3612 83

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 Report ~ Jan 17-23, 2011

There was an amazing amount of “freshening” of listings done last week. Out of 33 properties listed as “new” on the market, only 11 were truly New listings.  Last Week Lake Oswego also saw 16 Pending sales, and 10 Closed sales according to RMLS.

See below for further details according to RMLS:

NEWLY LISTED (Jan 17-23, 2011)

Address List Price # Beds # Baths Total SF Prop Type
16200 PACIFIC HWY #11 $155,700 2 2 1190 CONDO
5225 JEAN RD 307 $165,000 2 2 1100 CONDO
3101 MCNARY PKWY 12 $190,000 2 2.1 1363 CONDO
5215 MADRONA ST $250,000 3 2 1325 DETACHD
2755 GLEN HAVEN RD $325,000 3 2 2088 DETACHD
13332 VERMEER DR $409,900 4 3 2382 DETACHD
9 SPINOSA $459,750 2 2.1 2250 DETACHD
1231 BAYBERRY RD $475,000 3 2 1980 DETACHD
2626 PARK RD $519,000 4 3 2475 DETACHD
14785 UPLANDS DR $675,000 4 3 3325 DETACHD
2311 OSWEGO GLEN CT $989,000 4 4 4529 DETACHD

PENDING SALES (Jan 17-23, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
49 OSWEGO SMT $67,500 1 1 720 CONDO 127
44 EAGLE CREST DR 8 $87,000 2 1 908 CONDO 42
4000 CARMAN DR 46 $99,900 2 2 999 CONDO 14
200 BURNHAM RD 406 $114,000 2 1 1216 CONDO 990
18148 BELMORE AVE $245,000 3 1 1008 DETACHD 3
3535 UPPER DR $275,000 3 2 1373 DETACHD 11
14138 KNAUS RD $275,000 4 2 2001 DETACHD 106
2240 SOUTHSHORE BLVD $309,000 3 1 1120 DETACHD 147
18667 PILKINGTON RD $339,999 4 2.1 2512 DETACHD 241
942 CLARA CT $349,000 4 2.1 3123 DETACHD 194
16 OTHELLO ST $394,000 4 3 2820 DETACHD 189
17187 CARLSON CT $395,000 4 3 2082 DETACHD 118
19415 SW DOGWOOD CT $499,900 5 3 3517 DETACHD 381
1060 UPPER DEVON LN $524,000 3 2.1 2400 DETACHD 464
5705 SOUTHWOOD DR $549,000 4 2.1 3360 DETACHD 314
691 G AVE $620,000 4 2.1 2789 DETACHD 24

SOLD (Jan 17-23, 2011)

Address O/Price Close Price # Beds # Baths Total SF CDOM
322 CERVANTES CIR 12-A $85,000 $47,250 2 1 832 205
1751 ASPEN CT $294,500 $224,000 3 2 1550 113
19167 LONGFELLOW AVE $310,000 $255,890 3 2.1 1782 386
252 N SHORE RD $369,000 $320,000 3 1 2280 428
156 Greenwood RD $309,900 $329,900 2 2 3722 896
762 LAKE FOREST DR $439,900 $425,000 4 3 2400 168
4303 SUNDEW CT $519,995 $506,250 4 2.1 3355 35
567 2ND ST 302 $693,025 $535,000 2 2 1459
17080 FERNWOOD DR $699,900 $590,000 5 3.1 3681 261
15578 VILLAGE DR $799,000 $749,000 3 2.1 3630 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

Market Activity for January 10-16, 2011

The market activity for Lake Oswego last week was really, really interesting. The last time I did this report, two weeks ago, it reflected the sales for the 2-week holiday period. What caught my eye at that time were that a pretty solid number of houses had sold in the midst of the holidays. Then this last we we had 14 houses go pending, but only 4 new listings come onto the market. That is a huge change from what we have been seeing for some time. Three times more houses went pending last week than came onto the market. If this continues it will shrink the inventory and stabilize prices. It us way too soon to call it any kind of a trend, but it makes me eager to see if it continues.

Along with 4 new listings and 14 pending sales, we had 4 closed transactions.

I also have several observations:
—At my open house on Sunday I had 9 showings. I am happy if I get 2 or 3. And these were not neighbors. I always chat with people to see what their situation is. 8 of the 9 were buyers currently in the market and looking for a home.
—Combine that with the fact that of the 14 pending sales in our report below, 11 are listed at $303,000 or less. What I sense is that the low end of the market is taking off. There has been lots of media chatter about the possibility that the National market has hit bottom. I think people are listening and feeling like the time to buy is now: certainly in the lower end houses.
—Condos are selling well as part of that lower-end inventory. The condos at Oswego Terraces that have been for sale since 2007, languishing in this economy, have had drastic price reductions and that is making them move. Of the 14 pending sales, 3 are in this complex. That has been true for a couple of weeks now. The condos are now priced at a point where buyers like what they see.

See below for further details according to RMLS:

NEWLY LISTED (Jan 10-16, 2011)

Address Price Type BR Bath Sq Feet
200 Burnham Rd #102 $149,000 Condo 1 1 820
18523 Hallberg Ct $234,900 Detached 3 1.5 1307
6025 Carmen Dr $249,950 Detached 3 1.5 1346
18084 Westminster Dr $769,900 Detached 5 3.5 5020

PENDING SALES (Jan 10-16, 2011)

Address Price Type BR Bath Sq. Feet CDOM
16250 Pacific Hwy #63 $99,000 Condo 2 2 1311 1206
16250 Pacific Hwy #77 $110,000 Condo 2 2 1327 1208
200 Burnham Rd #202 $119,000 Condo 2 2 1314 1205
12511 Boones Ferry Rd $159,000 Detached 3 2 1625 137
3854 Botticelli St $185,000 Condo 2 1.5 1132 151
5670 Kenny St $189,000 Detached 3 2 936 139
44 Oriole Ln $220,000 Detached 3 2.5 224 105
240 4th St $269,150 Detached 2 1.5 1080 49
4281 Chapman Way $285,000 Detached 3 2.5 2010 81
17614 Schalit Way $303,900 Detached 3 2 1561 32
18006 Gimley Ct $549,900 Detached 5 4 3225 201
1579 Bay View Ln $639,000 Detached 4 3 4865 33
2607 Palisades Crest Dr $760,000 Detached 4 4.5 5650 244

SOLD (Jan 10-16, 2011)

Address Orig. Price Sold Price type Sq. Feet CDOM
74 Greenridge Ct $289,900 $248,350 Attached 2868 92
16942 Cherry Crest Dr $410,000 $400,000 Detached 2363 11
13888 Shireva Dr $519,900 $430,000 Detached 3756 166
548 Ridgeway Rd $650,000 $650,000 Detached 2830 443

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 Report ~ January 3 – 9, 2011

Last Week Lake Oswego saw 17 New listings, 6 Pending sales, and 8 Closed sales according to RMLS.

See below for further details according to RMLS:

NEWLY LISTED (Jan 3-9, 2011)

Address List Price # Beds # Baths Total SF Prop Type
86 KINGSGATE RD A 203 $91,500 2 2 849 CONDO
4000 CARMAN DR 46 $99,900 2 2 999 CONDO
26 CRESTFIELD CT $115,000 2 2 995 CONDO
4000 CARMAN DR 87 $117,900 2 2 836 CONDO
115 OSWEGO SMT $130,000 2 2 1212 CONDO
5051 FOOTHILLS DR E $208,000 2 2 991 CONDO
3535 UPPER DR $275,000 3 2 1373 DETACHD
5530 BONITA RD $295,000 3 1.1 1200 DETACHD
4090 WESTBAY RD $319,000 2 1 917 DETACHD
57 CONDOLEA TER $379,900 2 2.1 2172 CONDO
1830 CLOVERLEAF RD $389,000 5 2 1795 DETACHD
3220 EDGEMONT RD $569,000 4 3 2159 DETACHD
4869 SAGE HEN WAY $609,900 5 2.1 2863 DETACHD
13615 KNAUS RD $625,000 2 2 1755 DETACHD
17980 MEADOWLARK LN $749,000 3 2.1 3252 DETACHD
16686 MAPLE CIR $819,000 4 3.2 3311 DETACHD
533 Weidman CT $924,900 4 3.1 4108 DETACHD

PENDING SALES (Jan 3-9, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR 49 $64,900 2 1 932 CONDO 79
4 TOUCHSTONE 102 $94,905 4 2 1488 CONDO 144
1692 FIRCREST CT $190,000 4 2.1 2559 DETACHD 5
4314 BOTTICELLI ST $229,000 2 2.1 2098 CONDO 60
19431 SW TUALAMERE AVE $244,900 3 1.1 1308 DETACHD 192
244 Greenridge DR $275,000 3 2 2206 ATTACHD 238
14480 CAMDEN LN $347,000 3 2.1 1944 DETACHD 162
548 RIDGEWAY RD $650,000 4 3 2830 DETACHD 443

SOLD (Jan 3-9, 2011)

Address List Price O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
6447 MCEWAN RD $144,900 $199,900 $141,000 2 1 912 DETACHD 179
2021 CEDAR CT $350,000 $950,000 $300,000 4 3.1 4114 DETACHD 271
16105 INVERURIE RD $429,900 $469,900 $385,000 3 2 2356 DETACHD 685
4859 SAGE HEN WAY $415,000 $415,000 $395,000 4 3 2417 DETACHD 215
13819 PROVINCIAL HILL DR $445,000 $449,000 $430,000 4 2.1 2096 DETACHD 27
3210 FIR RIDGE RD $499,000 $499,000 $490,000 4 3.2 2832 DETACHD 194
3334 Upper DR $595,000 $550,000 $620,000 4 2.1 3408 DETACHD 242
1235 CHANDLER RD $865,000 $985,000 $796,200 5 3.1 3717 DETACHD 183

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 for 12/20/10 to 1/2/11

Happy New Year everyone! Linda and I are hoping you have had memorable holidays and are now getting into the swing of the New Year. This week’s activity report actually covers 2 weeks due to our own holiday break.

I find it really interesting to look at what happened during the holidays. The expectation is generally thought to be not much. Well, that was not the case. 25 houses went pending! I know that is for a 2 week period, but that is right in there with the better weeks during the summer. My advice holds true: buyers who are looking at the holidays are doing so because they are serious buyers. We also had 15 genuinely new listings and 11 closed sales.

New 12/20/10 to 1/2/11

Address Price Type BR Bath Sq Feet
100 Kerr Pkwy #16 $80,325 Condo 2 1.5 823
15938 Quarry RD 8A $99,500 Condo 2 1 991
4425 Thunder Vista Ln $189,900 Condo 3 2.5 1980
17950 Kelok Rd $319,000 Detached 3 2 2376
4821 Dawn Ave $349,999 Detached 3 2 1955
3 Condolea Dr $375,000 Attached 3 3 2198
30 Wilbur St $412,900 Attached 2 2.5 2664
1651 Devon $414,950 Detached 4 2.5 2453
762 Maple St $449,000 Detached 3 2.5 2242
760 Timberline Dr $459,000 Detached 5 3 3058
5714 Charles Cir $460,000 Detached 4 3 2501
14232 Meadow Grass St $629,900 Detached 4 3 2856
15805 Twin Fir Rd $789,000 Detached 4 3.5 2797
568 9th St $838,950 Detached 3 3.5 2825
3736 Eleanor Ct $920,000 Detached 4 3.5 3080

Pending 12/20/10 to 1/2/11

Address Price Type BR Bath Sq. Feet
57 Galen $69,000 Condo 1 1 689
200 Burnham Rd #204 $114,900 Condo 2 2 1313
200 Burnham Rd #209 $135,000 Condo 2 2 1334
4085 Jefferson Pkwy $148,900 Condo 2 2.5 1851
4093 Jefferson Pkwy $159,900 Attached 2 2.5 1359
1751 Aspen Ct $231,900 Detached 3 2 1550
1818 Country Club Rd $249,900 Detached 4 2 1596
14101 Goodall Rd $289,900 Detached 4 2 1816
65 Greenridge Ct $295,000 Condo 2 2 1314
156 Greenwood Rd $305,900 Detached 2 2 3722
1900 Greentree Rd $319,900 Detached 4 3 3032
1866 Kilkenny Dr $330,000 Detached 3 3 3600
2021 Cedar Ct $350,000 Detached 4 3.5 4114
252 North Shore Rd $369,000 Detached 3 1 2280
1931 Woodland Terr $369,000 Detached 4 3 2817
675 10th St $395,000 Detached 4 2 2280
73 Tanglewood Dr $419,900 Detached 4 3.5 4278
762 Lake Forest Dr $439,900 Detached 4 3 2400
775 Boca Ratan Dr $439,990 Detached 4 3.5 2727
15543 Village Dr $524,900 Detached 4 2.5 3081
567 2nd St #302 $535,000 Condo 2 2 1459
12211 Orchard Hill Rd $639,900 Detached 4 3 3941
1643 Village Park Ln $639,900 Detached 4 3.5 4505
1901 Cheryl Ct $949,900 Detached 4 4.5 4863
444 Ridgeway Rd $1,150,000 Detached 3 2 2099

Sold 12/20/10 to 1/2/11

Address Orig. Price Sold Price type CDOM Sq Feet
3433 McNary Pkwy #204 $107,500 $99,900 Condo 39 1008
668 McVey Ave #32 $184,900 $198,450 Condo 6 985
17952 Cardinal Dr $309,900 $288,000 Detached 72 1702
2000 Greentree Rd $359,000 $335,000 Detached 135 2548
864 6th St $399,000 $355,000 Detached 182 2403
17031 Crestview Dr $499,900 $422,500 Detached 496 2403
230 4th St $619,900 $469,000 Detached 123 2165
3103 Wembly Park Rd $720,000 $600,000 Detached 401 3774
5371 Langford Ln $694,950 $674,000 Detached 40 2950
15444 Boones Way $998,500 $940,000 Attached 0 3364
333 Northshore Rd $1,900,000 $1,900,000 Detached 233 5152

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 for December 13-19, 2010

Last week brought 7 new listings, 6 pending sales, and 8 closed sales to Lake Oswego.

New December 13-19, 2010

Address Price Type BR Bath Sq Feet
16250 Pacific Hwy #81 $99,000 Condo 1 1 841
790 Boca Ratan Dr $249,900 Detached 3 2 2112
12808 SW Boones Ferry $279,000 Attached 3 2.5 1174
1635 Village Park Ln $649,000 Detached 4 3.5 3338
727 Laurel St $650,000 Detached 4 3.5 2924
1309 Horseshoe Curve $849,000 Detached 4 3 3087
14062 Goodall Rd $979,950 Detached 3 3.5 3887

Pending Dec. 13-19, 2010

Address Price Type BR Bath Sq. Feet
200 Burnham Rd #204 $119,000 Condo 2 2 1313
4438 Thunder Vista Ln $169,900 Condo 2 2.5 2040
19211 Marlin Ct $225,000 Detached 3 2.5 2091
19167 Longfellow $279,000 Detached 3 2.5 1782
17952 Cardinal Dr $304,900 Detached 3 2 1702
13888 Shireva $475,000 Detached 4 3 3756

Sold Dec. 13-19, 2010

Address Orig. Price Sold Price type Sq Feet CDOM
5057 Foothills Dr C $189,900 $179,000 Condo 1252 9
17335 Ashley Ct $294,900 $244,000 Attached 2161 83
32 Churchill Downs $448,250 $350,000 Detached 3016 272
2602 Orchard Hill Pl $409,900 $399,000 Detached 2568 44
4685 Upper Dr $600,000 $500,000 Detached 3341 68
17555 Redfern $749,900 $583,000 Detached 3007 256
3943 Tempest $669,000 $599,000 Detached 3714 119
3155 Douglas Circle $985,000 $915,000 Detached 4517 146

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 Report ~ Dec 6-12, 2010

Happy December to all our Property Blotter readers! I have so many people ask me lately: “People don’t buy houses during the holiday season do they?” The first full week of December in Lake Oswego posts 8 homes New on the market (or that have been off for at least 30 days as in the case of a couple of these below), 9 that have moved to Pending status, and 6 that have Sold. My experience has always been a busy one around this time of year!

In the “Sold” section below I added a column (sorry it makes things kind of squished). We usually show what price the property Opened at, and then what price it Closed/Sold at. I inserted the “List Price” in between so that you can see the progression from left to right of how the price shifted, (or not as the case may be).

Here is last week’s Lake Oswego Market Activity according to RMLS:

New December 6-12, 2010

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #8 $87,000 2 1 908 CONDO
18963 LONGFELLOW AVE $299,900 3 1.1 1232 DETACHD
17614 SCHALIT WAY $303,900 3 2 1561 DETACHD
18231 TERRY AVE $325,000 3 2 1764 DETACHD
1459 GREENTREE CIR $335,000 3 2 1683 DETACHD
1571 WOODLAND TER $349,900 3 2 2400 DETACHD
1952 Park Forest $389,900 5 3 2856 DETACHD
1901 CHERYL CT $949,900 4 4.1 4863 DETACHD

Pending Dec. 6-12, 2010

Address List Price # Bedrs # Baths Total SF Prop Type CDOM
4000 CARMAN DR 102 $119,950 2 2 866 CONDO 39
200 BURNHAM RD 408 $149,000 2 2 1335 CONDO 1172
46 GREENRIDGE CT $189,900 3 2.1 2128 CONDO 131
18530 PILKINGTON RD $229,900 3 2 1925 DETACHD 35
15824 BOONES WAY $361,900 3 2 1895 DETACHD 58
4198 GLACIER LILY ST $389,000 4 3 2806 DETACHD 3
16942 CHERRY CREST DR $410,000 4 2.1 2363 DETACHD 11
17031 CRESTVIEW DR $449,900 4 3 2403 DETACHD 496
14480 KRUSE OAKS BLVD $725,000 4 3.1 4661 DETACHD 281

Sold Dec. 6-12, 2010

Address O/Price List Price Close Price # Beds # Baths Total SF Prop Type CDOM
1520 LABURNUM WAY $299,000 $299,000 $285,000 4 2 1724 DET 464
17640 TREETOP WAY $524,995 $447,000 $415,000 4 3 2718 DET 199
17455 BLUE HERON RD $575,000 $575,000 $535,000 3 2 2572 DET 519
14370 PFEIFER DR $669,000 $629,000 $610,000 4 2.1 3318 DET 98
920 OAK TER $649,950 $649,950 $653,000 4 2.1 3467 DET 133
13322 LESLIE CT $1,098,000 $1,098,000 $975,000 5 3.1 4449 DET 75

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 for November 29-December 5, 2010

Moving into the full logistics of the holidays, market activity slowed down significantly last week. We had 7 new listings, 2 pending sales, and 6 closed sales.

We receive a weekly accounting of lockbox activity every Monday. It consists of a tally of the number of times that lockboxes were opened and the percentage change from the week prior. Last week saw a 39% decrease. So showings are way down. Having said that, I always like to point out that while there may be fewer buyers out looking, those that are doing so at the holidays are serious buyers. People don’t take the time to look at this time of year unless they are motivated to buy.

See below for further details:

NEWLY LISTED (Nov 29-Dec 5, 2010)

Address Price Type BR Bath Sq Feet
4000 Carman Dr #108 $109,900 Condo 1 1 767
4305 Silver Ct $339,000 Attached 3 2.5 1835
4198 Glacier Lily St $389,000 Detached 4 3 2806
17 Hidalgo $429,000 Detached 4 3.5 3428
1217 Tyndall Ct $699,000 Detached 4 4 5181
15622 Fieldstone Dr $725,000 Detached 3 2.5 3113
582 9th St $838,950 Detached 2 3.5 2841

PENDING SALES (Nov 29-Dec 5, 2010)

Address Type Price BR Bath Sq. Feet
156 Greenwood Rd Detached $309,900 2 2 3722
4114 Casey Ct Detached $785,000 4 2.5 3405

SOLD (Nov 29-Dec 5, 2010)

table >

Address Orig. Price Sold Price type Sq Feet CDOM
692 2nd St $299,000 $255,000 Detached 1700 213
5188 Madrona St $549,000 $514,500 Detached 3183 36
1704 Glenmorrie Terr. $599,000 $575,000 Detached 3885 124
5001 Denton Dr $759,000 $753,000 Detached 3303 2
14089 Edenberry Dr $840,000 $840,000 Detached 3276 0
15446 Boones Way $998,500 $936,000 Attached 3364 84

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 Report ~ Nov. 22-28, 2010

Thanksgiving Week Lake Oswego saw 7 New listings, 8 Pending sales, and 6 Closed sales according to RMLS.

I notice that there are several properties re-entering the market after several months.  The one on Cardinal is described as a total remodel, and I am looking forward to seeing it in particular!  “Cumulative Days on Market” seems to have leveled out a bit with a few exceptions.

See below for further details:

NEWLY LISTED (Nov 22-28, 2010)

Address List Price # Beds # Baths Total SF Prop Type
16546 BONAIRE AVE $219,900 3 1 1064 DETACHD
72 GREENRIDGE CT $224,900 2 3 1825 ATTACHD
240 4TH ST $289,000 2 1.1 1080 DETACHD
16942 CHERRY CREST DR $410,000 4 2.1 2363 DETACHD
17471 CARDINAL DR $899,900 4 3.1 2636 DETACHD
3136 DOUGLAS CIR $968,950 4 3.1 4132 DETACHD
17787 KELOK RD $1,079,900 3 2 3085 DETACHD

PENDING SALES (Nov 22-28, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE 14 $99,000 1 1 627 CONDO 123
18244 PILKINGTON RD $254,900 3 1.1 1200 DETACHD 35
2000 GREENTREE RD $349,000 4 3 2548 DETACHD 135
864 6TH ST $350,000 5 2.1 2403 DETACHD 182
1600 WOODLAND TER $399,000 3 2 1674 DETACHD 115
4859 SAGE HEN WAY $415,000 4 3 2417 DETACHD 215
611 IRON MOUNTAIN BLVD $510,000 2 1 1322 DETACHD 149
610 CABANA LN $895,000 3 2 1729 DETACHD 108

SOLD (Nov 22-28, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY 23 99990 90000 1 1 617 CONDO 179
3433 MCNARY PKWY 408 124900 113500 2 2 1008 CONDO 49
200 BURNHAM RD 404 264000 115000 2 2 1325 CONDO 1119
17787 BLUE HERON DR 469950 445000 4 3 2448 DETACHD 59
13596 STREAMSIDE DR 579900 562000 4 2.1 3430 DETACHD 129
2111 HAZEL RD 1089000 991200 4 4.1 4894 DETACHD 382

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