Market Activity Archives - Page 84 of 89

March 24, 2009

Market Activity Update – March 16 – 22, 2009

Lake Oswego saw 15 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). We had 8 go pending, and 9 that closed.

This is a great time to buy! (no smoke here : ) Rates are great, new & intriguing loan programs are popping up all over the place, and houses appear to be finally jiving with the “reality meter” for Buyers.

Feel free to call or email anytime. We love hearing from our local and out-of-state readers, and enjoy meeting you and getting you settled in Lake Oswego!

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (March 16—March 22, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date
100 KERR PKWY	$132,500	2	1.1	823	CONDO	3/16/2009
15868 PARKER RD	$187,500	2	1	780	DETACHD	3/17/2009
11 OSWEGO SMT	$194,900	2	2	1,212	CONDO	3/16/2009
45 EAGLE CREST DR	$210,000	2	2	1,046	CONDO	3/21/2009
12844 BOONES FERRY RD	$257,000	2	2.1	1,398	CONDO	3/16/2009
2 SUMMIT RIDGE CT	$354,900	2	2.1	1,750	ATTACHD	3/18/2009
5214 LOWER DR	$459,900	4	2.1	2,904	DETACHD	3/19/2009
12735 Alto Park RD	$495,000	3	2	1,685	DETACHD	3/20/2009
17860 Sundown CT	$499,900	4	3.1	3,480	DETACHD	3/20/2009
1866 KILKENNY DR	$511,100	4	3.1	3,600	DETACHD	3/19/2009
15535 VILLAGE DR	$799,000	5	3	3,421	DETACHD	3/21/2009
17212 CHAPIN WAY	$850,000	3	2.1	2,541	DETACHD	3/17/2009
2 GROUSE TER	$989,000	4	3	4,446	DETACHD	3/17/2009
1149 LAKESHORE RD	$1,295,000	4	2.1	2,606	DETACHD	3/20/2009
1005 COUNTRY CLUB RD	$1,999,000	5	4	5,000	DETACHD	3/18/2009

PENDING SALES (March 16—March 22, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date	CDOM
4 TOUCHSTONE DR	$137,500	3	2.1	1,351	CONDO	1/26/2009	52
15570 WALUGA DR	$325,000	3	3	1,577	DETACHD	3/21/2009	265
16 PARTRIDGE LN	$398,000	3	2.1	2,304	DETACHD	1/30/2009	48
1043 HALLINAN ST	$399,900	4	2.1	2,484	DETACHD	9/3/2008	196
13222 DEERFIELD CT	$649,000	4	2.1	3,022	DETACHD	1/22/2009	331
14133 AMBERWOOD CIR	750000 – 800000	4	2.1	3,200	DETACHD	6/12/2008	278
1667 VILLAGE PARK LN	$899,900	6	3.1	4,743	DETACHD	2/18/2009	279
1961 SUMMIT DR	$915,000	3	2.1	3,218	DETACHD	6/21/2008	268

SOLD (March 2—March 8, 2009)

Address	Orig Price	Sale Price	# Beds	# Baths	Tot. SF	Prop Type	List Date	CDOM
6291 HARRINGTON AVE	$249,900	$239,900	3	2	1,472	DETACHD	1/6/2009	10
4070 WESTBAY RD	$350,000	$279,000	1	1	1,828	DETACHD	7/15/2008	0
17304 MARJORIE AVE	$333,000	$317,125	3	1.1	1,340	DETACHD	2/3/2009	16
4 OTHELLO ST	$434,900	$390,000	4	3	2,184	DETACHD	11/5/2008	111
1480 HEMLOCK ST	$488,850	$410,000	4	3	2,246	DETACHD	3/24/2008	305
221 HIDALGO ST	$419,500	$420,000	3	2.1	2,628	DETACHD	2/16/2009	13
178 PINE VALLEY RD	$475,000	$455,000	5	3.1	2,999	DETACHD	2/12/2009	6
17454 CANAL (boat esmnt) CIR	$789,900	$545,900	4	3	2,275	DETACHD	4/19/2008	261
1670 PINE ST	$679,987	$579,900	4	3.1	3,286	DETACHD	11/5/2008	110

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

March 16, 2009

Market Activity for March 9-15, 2009

Last week in Lake Oswego there were 16 new listings, 8 houses that went pending, and 2 closed sales. A trend I have been watching appears to be continuing. When I look at Days on the Market, it seems like houses are either selling very quickly or very slowly. 3 of the 7 pending sales went into escrow in a week or less of market time. 3 more sold within about 2 months. The last two had extended market time of 236 and 426 days. Of the closed sales, one sold in 4 days and one sold in 243 days. I think this is reflective of changing attitudes of sellers. People who listed their homes in late 2007 and early 2008 are being stubborn about accepting the decline in values that has occured and are either sitting on high prices or dropping prices in such away that they are behind the market trends. Whereas sellers listing today, who are listening to their Realtor and pricing their homes at values that will meet market conditions, are realizing quick sales at or near their asking prices. Buyers are smart. They are watching the market and recognizing value when they see it. Correct pricing is King.

NEWLY LISTED (March 9—March 15, 2009)

Address	List Price	# BR	# BTHS	Total SF	Prop Type	List Date
4 TOUCHSTONE	$159,900	3	2.1	1,350	ATTACHD	3/11/2009
4000 CARMAN DR	$184,500	2	2	1,100	CONDO	3/9/2009
166 OSWEGO SMT	$229,900	2	2	1,506	CONDO	3/13/2009
668 MCVEY AVE	$260,000	3	1.1	985	CONDO	3/12/2009
140 TOUCHSTONE CT	$339,900	3	2.1	1,964	ATTACHD	3/12/2009
4366 WOODSIDE CIR	$349,000	3	2	1,762	ATTACHD	3/12/2009
16890 CORTEZ CT	$349,000	4	3	2,016	DETACHD	3/13/2009
4420 GOLDEN LN	$349,000	3	3.1	2,165	ATTACHD	3/10/2009
5402 CARMAN DR	369900	3	1	1,720	DETACHD	3/9/2009
45 TANGLEWOOD DR	399999	5	3.1	3,166	DETACHD	3/12/2009
1462 Worthington ST	424000	4	3	1,800	DETACHD	3/9/2009
2961 DELLWOOD DR	525000	3	3	2,476	DETACHD	3/14/2009
2550 SOUTHSHORE BLVD	550000	4	3.1	3,472	DETACHD	3/11/2009
1699 VILLAGE PARK LN	675000	3	2.2	2,936	DETACHD	3/9/2009
115 BERWICK RD	998000	4	3.1	4,000	DETACHD	3/13/2009
356 9TH ST	1199000	3	3.1	3,647	DETACHD	3/10/2009

PENDING SALES (March 9—March 15, 2009)

Address	List Price	# BR	# BTHS	Total SF	Prop Type	CDOM
4 TOUCHSTONE	$76,500	3	2.1	1,351	CONDO	7
127 OSWEGO SMT	$184,900	2	2	1,212	CONDO	0
5487 TUALATA CT	$259,000	3	2	1,200	DETACHD	236
790 BOCA RATAN DR	$259,900	3	2	2,112	DETACHD	35
1140 HALLINAN CT	$339,895	3	2	1,875	DETACHD	3
845 LAKE FOREST DR	$399,000	3	1.1	1,359	DETACHD	68
662 9 th ST	$975,000	5	3.1	4,108	DETACHD	63
14066 Goodall RD	$1,629,000	4	3.1	4,220	DETACHD	426

SOLD (March 9—March 15, 2009)

Address	O/Price	Close Price	# BR	# BTHS	Total SF	Prop Type	CDOM
16978 CANAL CIR	$350,000	$350,000	3	2	1,962	DETACHD	4
22 HOTSPUR ST	$799,000	$627,325	6	3.1	4,259	DETACHD	243

Criteria: Statistics given above are obtained from the Realtor’s Multiple Listing Service by searching condos, attached homes, manufactured homes and detached homes in the 97034 and the 97035 zip codes. DOM means Days on the Market and CDOM means Cumulative Days on the Market.

March 3, 2009

Market Activity for February 23-March 1, 2009

Linda and I work very hard to have our weekly market activity reports posted on Mondays. Yesterday was full of computer challenges and created a delay. So you are getting the report on Tuesday. Thanks for your patience.

Lake Oswego had 16 New Listings, 9 Pending Sales, and 9 Closed Sales:

NEWLY LISTED (February 23—March 1, 2009)

Address	List Price	#BR	# BTHS	Total SF	Prop Type	List Date
5063 FOOTHILLS DR	$230,000	2	2	991	CONDO	2/23/2009
15010 TWIN FIR RD	$294,900	8	4	3,526	DETACHD	2/25/2009
13805 REGENCY CT	$419,000	4	2.1	2,045	DETACHD	2/27/2009
16026 PARKER RD	$425,000	3	1	1,670	DETACHD	3/1/2009
3311 FIR RIDGE RD	$459,000	3	2.1	2,112	DETACHD	2/25/2009
20 NORTHVIEW CT	$499,999	3	3.1	2,827	ATTACHD	2/26/2009
2084 RIDGEWOOD RD	$519,900	3	2.1	2,117	DETACHD	2/28/2009
12836 SIERRA VISTA DR	$529,000	3	2.1	2,166	DETACHD	2/26/2009
3140 ROSEMARY LN	619000	4	2.1	3,000	DETACHD	2/27/2009
17675 CARDINAL DR	699000	3	3	3,458	DETACHD	2/23/2009
17751 MARYLCREEK DR	719000	4	3	3,505	DETACHD	2/23/2009
5868 SUNCREEK DR	749900	4	2.1	3,174	DETACHD	2/23/2009
4114 CASEY CT	949000	4	2.1	3,405	DETACHD	2/27/2009
1176 TROON RD	985000	3	2	3,022	DETACHD	2/23/2009
3203 Southshore BLVD	1299900	4	3.1	3,773	DETACHD	2/23/2009
17147 OLD RIVER DR	2795000	5	4.2	5,961	DETACHD	2/25/2009

PENDING SALES (February 23—March 1, 2009)

Address	List Price	#BR	#BTHS	Total SF	Prop Type	CDOM
4640 LOWER DR	$115,000	2	1.1	1,170	CONDO	572
4 TOUCHSTONE DR	$159,500	3	2.1	1,351	CONDO	45
2800 WEMBLEY PARK RD	$374,500	3	2	1,575	DETACHD	10
1228 HALLINAN CIR	$389,000	4	2	1,932	DETACHD	7
4 OTHELLO ST	$399,900	4	3	2,184	DETACHD	111
221 HIDALGO ST	$419,500	3	2.1	2,628	DETACHD	54
16919 LAKERIDGE DR	$449,900	5	3	2,710	DETACHD	189
762 3RD ST	$650,000	3	2.1	2,710	DETACHD	198
1670 PINE ST	679987	4	3.1	3,286	DETACHD	565

SOLD (February 23—March 1, 2009)

Address	O/Price	Close Price	#BR	#BTHS	Total SF	Prop Type	CDOM
44 EAGLE CREST DR	$114,950	$114,950	1	1	798	CONDO	7
86 KINGSGATE RD	$145,000	$145,000	2	2	938	CONDO	31
15848 PARKER RD	$187,500	$177,000	3	2	1,318	DETACHD	17
1400 PARRISH ST	$299,999	$290,000	3	2.1	1,880	CONDO	143
6067 CLAIRMONT CT	$529,000	$510,000	4	2.1	2,344	DETACHD	11
5624 SOUTHWOOD DR	$740,000	$525,000	4	3	3,120	DETACHD	514
5299 WESTFIELD CT	$799,900	$555,000	3	2.1	2,865	DETACHD	156
17561 SHEPHERDS CT	$765,900	$589,000	4	2.1	3,011	DETACHD	347
5406 LANGFORD LN	795000	795000	3	2.1	3,341	DETACHD	0

February 23, 2009

Market Activity Update – February 16 – 22, 2009

Lake Oswego saw 16 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). We had 7 go pending, and 4 that closed.

As in my last Market Activity Report on Feb. 9th, we’ve got a good mix of properties that have been on the market for quite awhile selling and going to Pending status, as well as a good number that have been on the market a relatively short period of time. For what it’s worth, my interpretation of this is that prices are coming in line with consumer demand, i.e., homes that have been on the market awhile are at prices agreeable to buyers, and newer listings are starting out at prices that are more in line with buyer expectations. That said, we can’t really see what the Pending sale prices will be until they actually close. So… stay tuned to the Blotter for that info as it becomes available.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (February 16—February 22, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date
44 EAGLE CREST DR	$135,900	1	1	798	CONDO	2/20/2009
1615 HALLINAN ST	$285,000	3	1.1	1,500	DETACHD	2/17/2009
18543 LONGFELLOW AVE	$339,900	3	1.1	1,279	DETACHD	2/16/2009
2800 WEMBLEY PARK RD	$374,500	3	2	1,575	DETACHD	2/17/2009
1228 HALLINAN CIR	$389,000	4	2	1,932	DETACHD	2/19/2009
200 BURNHAM RD	$399,000	3	2	1,960	CONDO	2/18/2009
19210 MAREE CT	$415,000	3	2.1	1,634	DETACHD	2/17/2009
221 HIDALGO ST	$419,500	3	2.1	2,628	DETACHD	2/16/2009
131 WILBUR ST	$450,000	2	2	1,312	DETACHD	2/22/2009
905 COUNTRY CLUB RD	399000 – 458876	3	2.1	2,817	DETACHD	2/19/2009
18055 CENTRAL AVE	$495,000	3	1	1,202	DETACHD	2/17/2009
8 WALKING WOODS DR	$519,900	4	3	3,402	DETACHD	2/17/2009
497 ASH ST	$598,800	6	3	3,840	DETACHD	2/18/2009
4605 CHELSEA LN	$752,000	4	2.1	3,411	DETACHD	2/17/2009
1065 LUND ST	$869,000	5	3.1	4,584	DETACHD	2/17/2009
17540 RIDGEVIEW LN	$1,285,000	4	3.1	4,345	DETACHD	2/19/2009

PENDING SALES (February 16—February 22, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date	CDOM
17304 MARJORIE AVE	$333,000	3	1.1	1,340	DETACHD	2/3/2009	16
178 PINE VALLEY RD	$475,000	5	3.1	2,999	DETACHD	2/12/2009	6
964 COUNTRY COMMONS LN	$499,000	3	2.1	2,065	DETACHD	1/23/2009	27
4676 WINTHROP CT	$557,750	4	2.1	3,112	DETACHD	11/18/2008	172
625 CLARA CT	$587,500	3	2.1	2,532	DETACHD	9/4/2008	297
731 F AVE	$624,900	4	2.1	2,668	DETACHD	1/16/2009	327
17860 CRESTLINE DR	$2,795,000	4	5.2	6,810	DETACHD	10/21/2008	485

SOLD (February 16—February 22, 2009)

Address	O/Price	Close Price	# Beds	Tot. Baths	Tot. SF	Prop Type	List Date	CDOM
3 THE GROTTO	$300,000	$292,000	3	2	1,688	DETACHD	11/5/2008	274
4451 BERNARD ST	$349,950	$330,000	3	2	1,800	DETACHD	10/29/2008	190
4 BRITTEN CT	$429,000	$399,000	3	2.1	1,972	ATTACHD	11/4/2008	74
4280 CHAPMAN WAY	$469,000	$441,000	3	2	1,947	DETACHD	12/15/2008	105

February 16, 2009

Market Activity for February 9-15, 2009

Last week’s activity was slow, to put it mildly. There were 9 genuine new listings: meaning that they were not previously listed either by another Realtor or at a higher price. There were 4 houses that went pending, and zero closed sales. Probably the most interesting thing I observed is that of the pending sales, 3 out of the 4 sold in 35 days or less. I checked the market history on all of them and these sales really did happen that quickly. So there is a place where market demand meets current economic conditions and properties sell. I also think that buyers who are in the market are watching the inventory and jumping on the good deals. On the flip side is the 4th pending sale. It took 574 days to receive an accepted offer. It was originally listed for $1,199,000 and finally priced dropped, after such a long market time, to $689,000 in order to get it gone.

NEWLY LISTED (February 9, 2009 – February 15, 2009)

Address	List Price	# BR	# BTHS	Total SF	Prop Type	List Date
92 GALEN ST	$119,500	1	1	689	CONDO	2/13/2009
45 EAGLE CREST DR	$119,900	1	1	600	CONDO	2/15/2009
11 CRESTFIELD CT	$149,000	1	1	650	CONDO	2/13/2009
5051 FOOTHILLS DR	$249,999	2	2	991	ATTACHD	2/9/2009
1960 MAPLELEAF RD	$325,000	3	2	1,210	DETACHD	2/9/2009
178 PINE VALLEY RD	$475,000	5	3.1	2,999	DETACHD	2/12/2009
17196 KELOK RD	$750,000	3	2.1	2,500	DETACHD	2/13/2009
2400 DELLWOOD DR	$899,000	4	3	3,180	DETACHD	2/10/2009
17590 KELOK RD	1749000	5	4	5,000	DETACHD	2/9/2009

PENDING SALES (February 9, 2009 – February 15, 2009)

ADDRESS	LIST PRICE	TOT. BEDS	TOT. BATHS	TOT. SQ FT	PROP TYPE	DOM
4 TOUCHSTONE DR			$114,000	2	2	984	CONDO	35
750 1ST ST			$196,500	2	2	1,350	CONDO	34
16978 CANAL CIR			$350,000	3	2	1,962	DETACHD	4
4155 CANAL RD			$689,000	4	2.1	3,736	DETACHD	574

There were no closed sales the week of February 9-15, 2009.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold

February 11, 2009

Observations on Current Inventory

lake-photo A few days ago I spent some time analyzing inventory. I thought I’d share with you some of my observations.

On the day that I did this, February 6, 2009, there were 418 single family, detached, homes for sale in Lake Oswego. Here is the breakdown by price:

$100,000-$199,999 = 3
$200,000-$299,999 = 13
$300,000-$399,999 = 41
$400,000-$499,999 = 48
$500,000-$599,999 = 44
$600,000-$699,999 = 38
$700,000-$799,999 = 28
$800,000-$899,999 = 30
$900,000-$999,999 = 37
$1,000,000+ = 136

If you have been reading the market activity reports on Mondays here at the propertyblotter, you have probably noticed that for the last several months there have been very few properties sold in the million dollar and over price range. In fact, it has been since early December that a sale has closed at that price point. 136 houses priced over a million dollars just seems like a lot of high-end inventory. In all of 2008, 45 houses sold that were priced at a million dollars or greater. At that rate, it will take a little over 3 years for the current inventory to be sold. What does that mean? It means that if you are in the market for a high-end, luxury home, you have lots of houses to choose from and motivated sellers will be making sacrifices to get their properties sold. I think that the sellers who truly have to sell quickly will be dropping prices and making concessions to secure a good sale.

Having said that, you will also have noticed that in this Monday’s market activity report two high-end homes went sale pending: one for $995,000 and one for $1,995,000.

It is very typical that the market is slow during the holidays. Seeing the two pendings this week can be seen as the market gearing up as we approach spring, which is a very active time for sales.

In doing this, I really enjoyed seeing the break down of the numbers in the more affordable price ranges as well. There are quite a few really nice homes that would not require jumbo loan financing. A jumbo loan is $417,000 or greater and typically has a higher interest rate than a conventional loan.

I also have from time to time compared the inventory of homes priced at $350,000 or less in Lake Oswego to the inventory available in Sellwood, a neighborhood in SE Portland. I have done this because I believe that Lake Oswego is often over-looked for affordable housing because of its reputation for million dollar housing. The first time I made the comparison, last April, there were 20 houses for sale in LO and 18 in Sellwood. The next time I did it, last August, there were 28 in LO and 32 in Sellwood. At the time of this current analysis I have found 36 in LO and 27 in Sellwood. So both areas have more houses for sale priced at $350,000 or less than they did 10 months ago, and Lake Oswego continues to be strong in this price range.

The least expensive house for sale in Lake Oswego, that is not a tear-down fixer, is priced at $189,900. It was built in 1955 and has 1320 square feet with 2 bedrooms and 1 bath. It’s on a very large lot in Lake Grove.

The most expensive house for sale in Lake Oswego is Jantzen Island. A private island in the lake of 5.5 acres with a 10,000 square foot main house and a 3500 square foot guest house. It’s priced at $19,500,000.

I am curious to see how our inventory changes as we go into the spring. With the current economy it is bound to be slower than normal. If anything, the current economy is increasing the number of homes in the more modest price ranges. And for buyers who want and are able to purchase a high-end home, there is great selection and some great deals to be found.

February 9, 2009

Market Activity Report – February 2-8, 2009

Lake Oswego saw 14 new properties hit the market last week. We had 6 go pending, and 5 that closed. Looks like some steady activity is continuing.

I think it’s interesting to note that some of the older inventory is moving, and some of the newer inventory is moving rather quickly, relatively speaking, as evidenced by 3 pending sales that had been on the market for over 8 months, and one other achieving pending status in just 7 days! The other two were on the market for less than 3 months before getting to pending status. As for sold/closed properties- one of the 5 had been on the market for over 11 months prior to sale, but we had one sell in about 2 weeks, and 2 that had been on the market for 5 & a just a little over 5 months.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (February 2—February 8, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date
45 OSWEGO Summit	$139,900	1	1	764	CONDO	2/2/2009
3882 BOTTICELLI ST	$224,900	3	2	1,224	ATTACHD	2/3/2009
204 CERVANTES CIR	$259,000	3	1.1	1,138	CONDO	2/3/2009
790 BOCA RATAN DR	$269,900	3	2	2,112	DETACHD	2/6/2009
17304 MARJORIE AVE	$333,000	3	1.1	1,340	DETACHD	2/3/2009
1685 MAPLELEAF RD	$365,000	3	2	1,433	DETACHD	2/2/2009
1299 HIDE A WAY LN	$425,000	3	2	1,893	DETACHD	2/8/2009
1510 FERNWOOD DR	$595,000	5	3	3,291	DETACHD	2/4/2009
2957 GLEN EAGLES RD	599000	4	3	3,288	DETACHD	2/3/2009
5772 BAY CREEK DR	599000	4	3	3,242	DETACHD	2/5/2009
17879 HILLSIDE DR	674900	3	3	3,049	DETACHD	2/5/2009
1991 COUNTRY CLUB RD	879000	4	4	3,414	DETACHD	2/6/2009
17460 Wren CT	1495000	4	3.1	3,300	DETACHD	2/8/2009
4313 WESTBAY RD	2775000	4	3.1	4,000	DETACHD	2/2/2009

PENDING SALES (February 2—February 8, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date	CDOM
44 EAGLE CREST DR	$114,950	1	1	798	CONDO	1/29/2009	7
95 KINGSGATE RD	$310,000	3	2.1	1,669	DETACHD	12/14/2008	51
5291 CHINOOK CT	$375,000	7	3	2,331	DETACHD	12/8/2008	286
4761 LAMONT WAY	$390,000	3	2	1,816	DETACHD	11/13/2008	83
1555 BAY VIEW LN	$995,000	4	4.1	4,775	DETACHD	1/19/2009	277
13200 THOMA RD	$1,995,000	5	5.2	7,648	DETACHD	11/4/2008	504

SOLD (February 2—February 8, 2009)

Address	O/Price	Close Price	# Beds	# Baths	Tot. SF	Prop Type	List Date	CDOM
3668 SPRING LN	$199,900	$164,400	2	2	1,120	CONDO	1/6/2009	16
4206 WOODSIDE CIR	$284,900	$284,900	2	2	1,799	ATTACHD	8/3/2008	151
1640 WORTHINGTON ST	$359,900	$335,500	4	3	2,342	DETACHD	10/28/2008	66
5079 W SUNSET DR	$458,650	$365,000	2	2.1	1,760	ATTACHD	7/25/2008	336
13217 FOX RUN	$610,000	$508,200	4	3	2,706	DETACHD	6/23/2008	160

February 2, 2009

Market Activity for January 26 thru February 1, 2009

Last week’s market activity appears to be falling in line with the painfully slow, but still happening, increase in real estate activity that normally occurs in late January and early February. There were 16 new listings, 5 pending sales, and 3 closed sales.

NEWLY LISTED (January 26, 2009 – February 1, 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
44 EAGLE CREST DR			$114,950	1	1	798	CONDO	1/29/2009
4 TOUCHSTONE DR			$141,750	3	2.1	1,351	CONDO	1/26/2009
205 CERVANTES			$164,900	2	2.1	1,216	CONDO	1/27/2009
16651 LAKE FOREST BLVD			$287,900	2	1	1,230	DETACHD	1/27/2009
1684 BOCA RATAN DR			$314,900	3	2	1,611	ATTACHD	1/30/2009
16 PARTRIDGE LN			$418,900	3	2.1	2,304	DETACHD	1/30/2009
668 MCVEY AVE			$460,000	3	1.1	992	CONDO	1/28/2009
340 8TH ST			$575,000	3	2	1,992	DETACHD	1/26/2009
5535 BAY CREEK DR			580000	4	2.1	2,328	DETACHD	1/29/2009
4941 HASTINGS DR			589000	4	2.1	2,530	DETACHD	1/29/2009
17154 LOWENBERG TER			849900	5	3.1	3,350	DETACHD	1/29/2009
17281 LOWENBERG TER			849900	4	3.1	3,035	DETACHD	1/29/2009
17110 LOWENBERG TER			850000	4	2.1	2,678	DETACHD	1/26/2009
645 COUNTRY CLUB RD			899000	4	2.1	3,262	DETACHD	1/26/2009
17364 RIDGEVIEW CT			1425000	4	3.1	4,436	DETACHD	1/30/2009
112 NORTHSHORE CIR			2850000	4	4.2	3,558	DETACHD	1/26/2009

PENDING SALES (January 26, 2009 – February 1, 2009)

ADDRESS	LIST PRICE	TOT. BEDS	TOT. BATHS	TOT. SQ FT	PROP TYPE	DOM
Address			List Price	#BR	#BTHS	Total SF	Prop Type	CDOM
3433 MCNARY PARKWAY			$184,500	2	2.1	1,208	CONDO	105
2071 BONNIEBRAE DR			$314,995	3	2	1,611	ATTACHD	226
353 ASH ST			$409,900	3	3.1	2,765	DETACHD	434
12974 KNAUS RD			$450,000	3	3.1	3,792	DETACHD	131
5441 DENTON DR			$599,000	3	2.1	3,331	DETACHD	242

SOLD (January 26, 2009 – February 1, 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
1120 HALLINAN CIR	$365,000	$332,000		3	2	1,600	DETACHD	153
5254 TIMBERGROVE ST	$399,500	$365,000		4	2	1,854	DETACHD	87
17845 HILLSIDE WAY	$628,500	$560,000		5	3	2,820	DETACHD	263

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

January 26, 2009January 26, 2009

Market Activity Report – January 19-25, 2009

News today indicates a “Surprise to the Upside” in US housing sales.

Check it out: http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/us-home-sales-surprise-to-the-upside-2009012676338/

Here in Lake Oswego we have a total of 20 properties newly on the market as of this last week, and 7 pending sale as of the same week. I culled any property listed as “new” that had not been off the market for at least 30 days, and many of those categorized as such below are brand new listings.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (January 19—January 25, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date
26 CRESTFIELD CT	$172,700	2	2	995	CONDO	1/23/2009
13880 SUNDELEAF DR	$234,500	2	1	976	DETACHD	1/23/2009
666 9th ST	$425,000	2	1	1,850	DETACHD	1/23/2009
14431 ORCHARD SPRINGS RD	$439,900	3	2.1	1,960	CONDO	1/23/2009
3 CELLINI CT	$465,000	4	2.1	2,531	DETACHD	1/19/2009
39 SPINOSA	$479,900	3	2.1	2,069	DETACHD	1/21/2009
627 1ST ST	$499,000	2	2	2,090	DETACHD	1/25/2009
2360 GREENTREE RD	$499,995	3	2.1	2,207	DETACHD	1/21/2009
14 NORTHVIEW CT	$537,500	4	3.1	3,279	ATTACHD	1/22/2009
3745 TEMPEST DR	$547,500	4	3	2,834	DETACHD	1/21/2009
14412 MEADOW GRASS ST	$575,000	4	2.1	3,563	DETACHD	1/19/2009
554 5TH ST	$759,000	3	3.1	2,166	ATTACHD	1/19/2009
556 5TH ST	$759,000	3	3.1	2,166	ATTACHD	1/19/2009
15847 SPRINGBROOK CT	$938,000	3	3	2,705	DETACHD	1/19/2009
730 KENOLA CT	$1,085,000	4	3.1	4,319	DETACHD	1/19/2009
2326 Oswego Glen CT	$1,495,000	4	4	4,178	DETACHD	1/20/2009
15905 OSWEGO SHORE CT	$1,590,000	4	4	3,869	DETACHD	1/19/2009
1098 CHANDLER RD	$2,195,000	4	3.1	3,696	DETACHD	1/21/2009
18414 RIVER WOODS PL	$2,999,000	4	4.2	6,498	DETACHD	1/23/2009
17110 LOWENBERG TER	$850,000	4	2.1	2,678	DETACHD	1/22/2009

PENDING SALES (January 19—January 25, 2009)

Address	List Price	# Beds	# Baths	Total SF	Prop Type	List Date	CDOM
4 TOUCHSTONE DR	$114,000	2	2	984	CONDO	1/10/2009	11
3668 SPRING LN	$199,900	2	2	1,120	CONDO	1/6/2009	16
1400 PARRISH ST	$297,500	3	2.1	1,880	CONDO	9/1/2008	143
4672 WINTHROP CT	$399,900	3	2	1,680	DETACHD	9/30/2008	114
1480 HEMLOCK ST	$428,850	4	3	2,246	DETACHD	3/24/2008	305
6067 CLAIRMONT CT	$529,000	4	2.1	2,344	DETACHD	1/12/2009	11
17561 SHEPHERDS CT	$675,000	4	2.1	3,011	DETACHD	5/15/2008	347

SOLD (January 19—January 25, 2009)

Address	O/Price	Close Price	# Beds	# Baths	Total SF	Prop Type	List Date	CDOM
13915 SUNDELEAF DR	$998,000	$895,000	4	3.1	4,090	DETACHD	10/1/2008	797

January 19, 2009

Market Activity for January 12-18, 2009

Here is your market activity report for last week. There are 17 new listings, 9 pending sales, and 2 closed sales. When I did my search for new listings the report originally contained over 50 properties, which seemed way high to me. So I explored the market history on each of them and found that only 17 were truly new listings and all of the rest were old listings that were pulled and then re-listed with new RMLS numbers to “refresh” them. It’s a common practice to stimulate sales activity. However, I think it is helpful to see what is a actually a new listing versus this marketing technique. I can not promise that time will always permit me to take this extra step, but when I can, I will. I was also pleased to see 9 pending sales, which is a bit of a gain over what we were seeing in the holidays.

NEWLY LISTED (January 12, 2009 – January 18, 2009)

Address	List Price	#BR	#Bths	Total SF	Prop Type	List Date
57 GALEN ST	$129,500	1	1	689	CONDO	1/17/2009
136 OSWEGO SMT	$142,000	1	1	764	CONDO	1/15/2009
4 TOUCHSTONE DR	$194,900	3	2.1	1,351	CONDO	1/13/2009
545 HEMLOCK ST	$339,900	3	1.1	984	DETACHD	1/12/2009
3 SAINT HELENS CIR	$359,000	2	2	1,472	DETACHD	1/12/2009
1234 MAPLE ST	$379,000	3	2	1,947	DETACHD	1/14/2009
1052 YATES ST	$389,900	3	1.1	1,286	DETACHD	1/12/2009
14498 CAMDEN LN	$469,900	4	2.1	1,918	DETACHD	1/15/2009
6067 CLAIRMONT CT	529000	4	2.1	2,344	DETACHD	1/12/2009
1862 KILKENNY DR	549900	3	2.1	2,485	DETACHD	1/15/2009
827 5TH ST	550000	3	2	2,124	DETACHD	1/16/2009
745 4TH ST	579000	3	2	2,662	DETACHD	1/12/2009
4116 ORCHARD WAY	683950	5	3.1	4,078	DETACHD	1/16/2009
15713 TARA PL	729000	4	2.1	3,442	DETACHD	1/17/2009
13601 GOODALL RD	875000	3	1.1	2,662	DETACHD	1/14/2009
17404 BERGIS FARM DR	1297000	5	4.1	5,394	DETACHD	1/17/2009
13770 CAMEO CT	2298000	4	5.1	6,929	DETACHD	1/14/2009

PENDING SALES (January 12, 2009 – Janaury 18, 2009, 2008)

Address	List Price	#BR	#BTHS	Total SF	Prop Type	CDOM
5225 JEAN RD	$189,875	2	2	1,100	CONDO	168
6291 HARRINGTON AVE	$249,900	3	2	1,472	DETACHD	99
4451 BERNARD ST	$349,950	3	2	1,800	DETACHD	190
5079 W SUNSET DR	$379,950	2	2.1	1,760	ATTACHD	336
18971 INDIAN SPRINGS CIR	$399,950	3	2	1,525	DETACHD	9
4 BRITTEN CT	$429,000	3	2.1	1,972	ATTACHD	74
1265 ROCKINGHORSE LN	$444,000	4	3	2,402	DETACHD	189
5364 LANGFORD LN	$715,950	3	2.1	3,022	DETACHD	258
14270 EDENBERRY DR	749900	4	2.1	2,935	DETACHD	104

SOLD (January 12, 2009 – January 18, 2009)

Address	O/Price	Close Price	#BR	#BTHS	Total SF	Prop Type	CDOM
7050 CHILDS RD	$498,000	$385,000	2	2	1,693	DETACHD	573
2584 PARK RD	$679,000	$480,000	4	2	2,302	DETACHD	279

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.