Tag: ARES

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Market Activity Aug 27-Sept 2

Last week brought 16 New Listings to Lake Oswego, 21 Pending Sales, and Closed Sales.
See below for further details on last week’s Market Activity:

NEWLY LISTED (August 27 to September 2, 2012)

Address Type Price BR Bths SF
4 Touchstone #74 condo $158,000 3 2.5 1351
5785 Carman Dr detached $265,000 5 2.5 1934
466 5th ST #14 condo $299,900 2 1.5 1092
5745 Windfield Loop detached $369,000 3 2.5 1950
1935 Fernwood Dr detached $409,000 4 3 2100
5499 Royal Oaks Dr detached $409,900 3 2 1780
17121 Wall St detached $424,900 4 2.5 2187
2215 Fernwood Circle detached $438,950 4 3 2640
9 Spinosa detached $439,000 2 2.5 2250
323 3rd St attached $465,000 3 3.5 1959
12430 Orchard Hill Rd detached $625,000 3 3 2889
3197 Alber Spring Ct detached $649,900 4 2.5 3664
14527 Pfeifer Way detached $689,000 4 3.5 3803
8 Dover Way detached $975,000 6 4.5+.5 6244
2057 Summit Dr detached $1,095,000 4 3.5 4589

PENDING SALES (Auguest 27-September 2,2012 2012)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #24 condo $51,500 1 1 617 54
526 State St condo $119,000 2 1 914 29
181 Oswego Summit condo $149,900 2 2 1383 3
3858 Botticelli attached $182,500 3 2 1224 95
113 Touchstone Terr. attached $238,698 2 2.5 2104 327
5276 Oakridge Rd detached $274,900 3 2 1600 8
4270 Oakridge Rd detached $275,000 2 1 978 55
868 7th St detached $329,900 4 2 2270 8
4970 Suntree Ln detached $350,000 3 2 1769 8
19044 Olson Ave detached $429,000 4 4 3264 32
4909 Mulholland Dr attached $430,000 2 2.5 2403 8
17336 Hunter Ct detached $454,900 3 2.5 3004 14
2376 Fernwood Cir detached $489,000 4 2 2094 9
2 Buckingham Terr detached $519,000 4 3 3732 27
837 C Ave detached $569,000 2 2 2109 7
629 Iron Mountain Blvd detached $599,500 3 2 1966 160
1099 Troon Rd detached $899,000 4 3.5 3938 22
2180 Prestwick Rd detached $1,200,000 3 1.5 2391 21
2058 Summit Dr detached $1,390,000 3 2.5 3137 18
758 Southview Rd detached $3,450,000 5 5.5 5179 201
1024 Northshore Rd detached $4,695,000 5 5.5 7000 428

SOLD (August 27-September 2,2012)

Address Type List Price Closed Price BR Baths CDOM
203 Cervantes condo $119,900 $108,000 2 2 87
510 State ST condo $126,900 $125,710 1 1 7
15220 Boones Way 1C condo $139,900 $135,000 2 2 6
17684 Schalit Way detached $225,000 $210,000 3 1.5 6
4242 Woodside Cir attached $309,000 $288,000 3 2 33
17083 Fernwood Dr detached $389,900 $315,000 5 3 177
17200 Robb Pl detached $385,000 $395,000 3 2.5 4
12 Morningview Cir detached $425,000 $397,500 4 2.5 135
143 Furnace St condo $530,000 $490,000 2 2.5 30
5752 Victoria Ct detached $549,000 $537,500 3 2.5 23
1928 Palisades Terr detached $575,000 $575,000 4 5.5 91
217 5th St detached $699,000 $630,000 3 2.5 121
16737 Sylvan Ct detached $795,000 $750,000 4 3 329
15575 Village Dr detached $895,000 $875,000 4 2.5 18
13795 Cameo Ct detached $1,449,000 $1,350,000 4 5.5+.5 259
1345 Cherry Ln detached $1,599,000 $1,450,000 5 3.5 10
17700 Upper Cherry Ln detached $2,495,000 $1,925,000 5 5.5 724

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

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Analysis of the Higher Price Ranges

I think that there is a general perception that the market has picked up a bit of steam. I have personally seen this in multiple offer situations and short market times. But I have to say that I’ve seen it in the more affordable price ranges.

I did have a sale recently for a $625,000 house that sold in 1 day with multiple offers. But I found myself wondering, was that a fluke? Is that really happening in the higher price ranges? So I took some time today to compare the more expensive homes (purely arbitrarily I chose $500,000 and higher) today versus what was happening a year ago in the same 6-month time period. Here are the results:

Price Range Sold 2/11-8/11 Active Today Pending Today Sold 2/12-8/12 Current Months of Inventory
$500,000-$600,000 29 36 17 53 4
$600,000-$700,000 25 32 3 27 7
$700,000-$800,000 23 35 7 17 12
$800,000-$900,000 17 18 4 18 6
$900,000-$1,000,000 9 18 2 11 9
$1,000,000-$1,500,000 19 38 6 15 15
$1,500,000-$3,000,000 3 22 4 5 26
$3,000,000-$20,000,000 0 11 2 1 55

Pretty interesting. The $500,000 to $600,000 is selling strongly. So is the $800,000 to $900,000. 4 to 6 months of inventory is a pretty healthy market. Pricing over a million is where it really hits the skids. And that way tip-top price point of $3,000,000 and more is barely moving. This is when we look at the closed sales. But then when you factor in the pending sales, and there are several, it looks a bit better. When the pending sales in the top price bracket close, and this should happen in 45-60 days, the inventory drops from 55 months to 22 months. In the $1,500,000 to $3,000,000 it drops the inventory from 26 months to 14.

Bottom line, it’s still too soon to tell. And it can still be said that the higher priced homes just take longer to sell as there are fewer people financially qualified to buy them.

So what are these high priced houses like?

The most expensive, recently-closed sale was a house on the Willamette River. It sold for $3,600,000 and went pending in just 33 days (seriously!).

The most expensive pending sale is on the North shore of Oswego Lake. Priced at $4,695,000, it took 428 days to receive an accepted offer.

The most expensive house currently for sale is NOT Jantzen Island. That house has been withdrawn from the market. It was price reduced from $19,500,000 to $15,000,000. The new king of the most-expensive- house-fo-sale-in-Lake-Oswego-pageant is a house on Northshore that is listed for $11,600,000. It was built in 2009 and has 13,462 square feet, 5 bedrooms, 6 full baths and 2 half baths.

I hope you find this information of interest. It’s always a kick to try and figure out the market and its trends. Let me know if you have any questions.
Dianne

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Market Activity ~ Aug 20-26, 2012

Last week we ended with 21 New on the market, 15 Pending and 21 Sold.

See below for further details on last week’s Market Activity:

NEWLY LISTED (August 20-26, 2012)

Address List Price # Beds # Baths Total SF Prop Type
92 CERVANTES CIR #11-E $104,900 2 1.1 912 CONDO
11 CRESTFIELD CT $118,000 1 1 650 CONDO
364 CERVANTES CIR #14-D $119,000 2 1 832 CONDO
4765 FIRWOOD RD $300,000 3 2 1728 DETACHD
868 7TH ST $329,900 4 2 2270 DETACHD
4970 SUNTREE LN $350,000 3 2 1769 DETACHD
4263 HARVEY WAY $355,000 3 2 1640 DETACHD
2955 WEMBLEY PARK RD $399,000 3 2.1 2620 DETACHD
4909 MULHOLLAND DR $430,000 2 2.1 2403 ATTACHD
17975 RIDGE LAKE DR $497,900 4 2.1 2727 DETACHD
13548 STREAMSIDE DR $599,900 5 3 3336 DETACHD
16610 WOODSMAN CT $679,900 4 3 3664 DETACHD
543 2nd ST #204 $699,000 2 2 1816 CONDO
2099 SUMMIT DR $699,000 3 2.1 2250 DETACHD
588 9TH ST $795,000 4 2.1 2741 DETACHD
19371 SW RIVERWOOD LN $1,120,000 4 4.1 5048 DETACHD
1924 CHERYL CT $1,295,000 4 4.2 5204 DETACHD
688 IRON MOUNTAIN BLVD $1,297,000 4 4.1 4143 DETACHD
2890 GLEN EAGLES RD $1,495,000 4 3.1 4587 DETACHD
14733 UPLANDS DR $1,900,000 6 5.2 6788 DETACHD
1150 FAIRWAY RD $3,795,000 5 5.1 8724 DETACHD

PENDING SALES (August 20-26,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
6351 BURMA RD $87,500 2 1 2016 DETACHD 77
668 MCVEY AVE #43 $104,900 1 1 626 CONDO 34
5225 JEAN RD #504 $150,900 2 2 1100 CONDO 14
5225 JEAN RD #314 $159,900 3 2 1500 ATTACHD 19
3433 MC NARY #506 $168,900 2 2.1 1136 CONDO 34
5195 FIRWOOD RD $206,000 3 2 1886 DETACHD 111
2325 PARK RD $284,950 3 2 1863 DETACHD 0
15115 TWIN FIR RD $299,500 3 2 1392 DETACHD 48
4104 LAKEVIEW BLVD $300,000 4 2 2024 DETACHD 10
1113 ERICKSON ST $324,500 4 2 2203 DETACHD 7
15703 Boones WAY $349,000 3 2.1 2180 DETACHD 55
14710 DAVIS LN $349,999 2 2.1 1680 ATTACHD 87
70 TOUCHSTONE $395,000 3 3 3080 DETACHD 397
5476 SOUTHWOOD DR $769,900 4 3 3858 DETACHD 5
1205 CHANDLER RD $825,000 5 3.1 4275 DETACHD 112

SOLD (August 20-26,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3 OSWEGO SMT #3 $124,900 $85,000 2 2 1212 CONDO 325
121 LEONARD ST E $106,000 $105,000 1 1 830 CONDO 4
3924 CARMAN DR $145,000 $138,000 2 2.1 1140 ATTACHD 720
4057 JEFFERSON PKWY $169,000 $162,000 3 2.1 1249 ATTACHD 22
750 1ST ST #A9 $169,000 $166,500 2 2 1350 CONDO 9
4251 WOODSIDE CIR $324,900 $250,000 3 2 2032 ATTACHD 294
975 SOUTHSHORE BLVD $285,000 $285,000 3 2.1 2118 DETACHD 4
1286 ROCKINGHORSE LN $385,000 $289,000 3 2.1 1883 DETACHD 613
35 CHURCHILL DOWNS $395,000 $340,000 4 3 2271 DETACHD 17
4101 VIRGINIA WAY $499,000 $350,000 5 3.1 2752 DETACHD 689
1475 LABURNUM WAY $359,900 $359,900 3 2.1 1748 DETACHD 4
2794 VALE CT $438,000 $385,000 3 2.1 2970 DETACHD 87
13131 THOMA RD $450,000 $440,000 3 2 2600 DETACHD 12
4484 WESTBAY RD $575,000 $465,000 5 2.1 3400 DETACHD 116
13259 SANDALWOOD CT $524,900 $524,900 4 2.1 2919 DETACHD 10
4625 FIRWOOD RD $549,900 $540,000 4 3 4147 DETACHD 23
4301 UPPER DR $739,000 $697,000 4 3 3415 DETACHD 29
637 ENGLEWOOD DR $749,000 $734,000 6 3.1 3920 DETACHD 2
13219 DEERFIELD CT $799,900 $776,750 4 3.1 3915 DETACHD 50
2348 OSWEGO GLEN CT $949,900 $800,000 4 3.1 3848 DETACHD 104
777 NORTHSHORE RD $1,295,000 $1,190,000 3 2.1 3960 DETACHD 125

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

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News & Notes

JULY 2012
Here are some Market Notes for You~

According to the RMLS Market Action Report for July 2012 fo the Portland Metro Area “Every measure of real estate activity is positive when comparing July 2012 with July 2011″:

  • There were 23% more accepted offers,
  • There was an increase of 15.4% in closed sales ,
  • The Median Sales Price rose 7.8% over July last year, and 1.2% when comparing with June 2012
  • ***AND… This is the 4th month in a row that the Median Sales Price has risen.

The combined area of Lake Oswego and West Linn reported:

  • 662 Active Listings
  • 217 New Listings
  • 128 Pending Sales
  • 120 Closed Sales
  • An average Sale Price of $425,000.
  • Average Time on the Market: 126 Days (down by a full 10 days from last month!)
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Market Activity Aug 13-19, 2012

Last week Lake Oswego had 16 homes come onto the market, 14 houses go sale pending, and 17 closed sales. Trends? Of the 16 new listings, 5 were homes that were on the market a year or more ago, expired, and have now re-listed. My thought is that the home owners have seen the market pick up and are now thinking they may have better luck. They may be right. Of the pending sales, 1/3 sold is less than 30 days. Of the closed sales, 1/2 sold is less than 30 days.

See below for further details on last week’s Market Activity:

NEWLY LISTED (August 13-19, 2012)

Address Type Price BR Bths SF
4 Touchstone #120 Condo $104,900 3 2.5 1351
668 McVey Ave #16 Condo $205,000 2 1 852
18350 Tualata Ave Detached $234,900 2 1 996
5276 Oakridge Rd Detached $274,900 3 2 1600
4 Del Prado St Detached $299,900 3 2.5 1716
4104 Lakeview Blvd Detached $300,000 4 2 2024
1113 Erickson St Detached $324,900 4 2 2203
15364 Twin Fir Rd Detached $324,900 3 1 1608
14190 Taylors Crest Ln Detached $389,900 4 2.5 2577
1041 Oxford Dr Detached $444,000 4 3.5 2712
17336 Hunter Ct Detached $454,900 3 2.5 3004
2376 Fernwood Cir Detached $489,000 5 2 2600
5682 Charles Cir Detached $549,000 4 2.5 3052
1023 Country Commons Detached $619,000 4 3 3359
13624 Provincial Hill Way Detached $729,900 4 2.5 3704
17550 Lake Haven Dr Detached $949,900 4 2.5 2580

PENDING SALES (August 13-19,2012 2012)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #24 Condo $51,500 1 1 617 38
100 Kerr Pkwy #14 Condo $64,900 1 1 617 184
4000 Carman Dr #10 Condo $119,900 2 2 836 8
4968 Oakridge Rd Detached $195,000 3 1.5 1240 15
5851 Burma Rd Detached $239,888 4 2 1760 38
1674 Larch St Detached $250,000 3 2.5 1794 147
6320 Dawn Ave Detached $349,500 5 3 2400 49
12 Morningview Ln Attached $420,000 3 2.5 2683 44
3220 Edgemont Rd Detached $519,900 4 3 2159 3
2574 Glen Eagles Pl Detached $549,000 4 3 2639 69
775 F Ave Detached $595,000 4 2.5 2700 3
18283 Lothlorien Way Detached $609,900 4 3 3015 22
16736 Sylvan Ct Detached $779,000 4 3 3914 329
3105 Wembley Park Rd Detached $875,000 3 2.5 3209 285

SOLD (August 13-19,2012)

Address Type List Price Closed Price BR Baths CDOM
3976 Carman Dr Attached $169,900 $148,000 2 2.5 22
1401 Greentree Cir Detached $299,900 $260,000 3 2 221
18585 Kristi Way Detached $285,000 $290,000 3 2 1
728 Ash St Detached $280,000 $307,000 3 2.5 4
1057 C Ave Detached $299,900 $329,000 2 1 5
19 Partridge Ln Detached $349,900 $348,600 4 3 6
4946 Mulholland Dr Attached $389,900 $359,900 3 2.5 337
4824 Hastings Dr Detached $360,000 $385,000 4 2.5 7
17265 Cedar Rd Detached $417,000 $411,000 4 2.5 59
1611 Lee St Detached $429,900 $417,810 3 2.5 46
13849 Melrose Pl Detached $459,900 $453,000 3 2.5 123
3220 Duncan Dr Detached $499,900 $472,500 4 2.5 31
5666 Grand Oaks Dr Detached $525,000 $498,000 4 2.5 15
5604 Grand Oaks Dr Detached $599,999 $573,000 5 3 172
14175 Taylors Crest Ln Detached $595,000 $574,500 3 3 246
475 10th St Detached $739,000 $720,000 5 3 23
5933 Suncreek Dr Detached $849,000 $800,000 4 3.5+.5 18

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

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What’s in a Name?

If you’ve been reading the blotter for awhile, you know that we got the name of our blog by borrowing the Police Blotter from the Lake Oswego Review. The local newspaper does a weekly publication that along with showcasing local schools, businesses, and people, it posts the previous week’s police activity.

The Lake Oswego Police Department has a 100% response policy. That means that when you call, they show up, no matter what. So reading the police blotter can be rather entertaining. Below is from the previous two weeks.

7/23/12 1:15am. Apples are being chucked at a house on Aspen Street.

7/24/12 9:59am. A woman reported finding all kinds of things on her property on North Shore Road, including bicycles, helmets, and a surf board.

7/24/12 1:03pm. Four citations were slapped on a vehicle illegally parked at Lake View Village.

7/24/12 10:51pm. Several teens are jumping in and out of hedges and running around yards in a late-night frolic on Royce Way. Later they were honking horns and chasing each other in cars.

7/25/12 9:04am. Somebody placed a small beagle n a yard on Sierra Ct, then blocked a hole under the fence with wood so the pooch could not get out.

7/26/12 10:42pm. Hearty voices raised in song were heard coming from a pub on B Avenue.

7/26/12 11:43pm. A driver passed out in the middle State Street. He was not drunk but exhausted from his airline flight.

7/28/12 1:16pm. Condolea Drive was the site of a strange incident in which a pot was moved, two large plants were damaged and underwear was thrown into trees.

7/30/12 10:51am. A cat in a pot was discovered in a complex on Foothills Drive.

7/31/12 9:54am. A woman has decided to keep a pair of old handcuffs that she originally wanted to turn in to police.

8/1/12 9:34am. After buying a house, a person looked inside the garage and found 22 lights, causing suspicions that marijuana may be being cultivated inside the house.

8/1/12 8:48am. A female is dancing on the sidewalk, crossing the street and waving at people on B Avenue. It is suspected she may be high on more than life.

8/2/12 2:39pm. A missing St. Bernard named Myia was returned to its owner.

8/2/12 9:16pm. Five teenaged boys, four of them 16, had to clean up the mess from the garbage can they knocked over at Uplands Elementary School.

8/3/12 6:20pm. A cat triggered a burglar alarm on Brianne Court.

8/5/12 10:08am. A toilet in a woman’s bathroom on Melrose Street won’t stop flushing.

There you have it, two weeks on the mean streets of Lake Oswego. And, yes, I know the Police Blotter is now called the Police Log. Not sure why the Lake Oswego Review made the change, but it will always be the Blotter to me. And the propertyblotter will be the propertyblotter as well.

Stay cool in this heat. In LO it only lasts a few days.
Dianne

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Market Activity ~ Aug 6-12, 2012

Things are staying pretty steady. We ended with 18 New on the market, 16 Pending and 10 Sold last week.

See below for further details on last week’s Market Activity:

NEWLY LISTED (August 6-12, 2012)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #10 $119,900 2 2 836 CONDO
5225 JEAN RD #504 $150,900 2 2 1100 CONDO
12808 BOONES FERRY RD $279,000 3 2.1 1174 CONDO
772 LAKE FOREST DR $355,000 2 1 888 DETACHD
18 ABELARD ST $387,500 4 2.1 2101 DETACHD
19163 TERRY AVE $409,000 4 2 2149 DETACHD
3220 Edgemont RD $519,900 4 3 2159 DETACHD
17022 CRESTVIEW DR $524,900 4 3 3168 DETACHD
12820 SW ALTO PARK RD $550,000 2 1 1132 DETACHD
775 F AVE $595,000 4 2.1 2700 DETACHD
5193 DENTON DR $635,000 4 2.1 3076 DETACHD
5423 DENTON DR $669,000 4 2.1 3428 DETACHD
12840 SW ALTO PARK RD $775,000 2 2.1 3632 DETACHD
1099 TROON RD $929,000 4 3.1 3938 DETACHD
1255 ANDREWS RD $995,000 6 4 4602 DETACHD
17547 CHERRY CT $1,160,000 3 2.2 4558 DETACHD
2180 PRESTWICK RD $1,200,000 3 1.1 2391 DETACHD
2058 SUMMIT DR $1,390,000 3 2.1 3137 DETACHD

PENDING SALES (August 6-12,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #153 $79,000 2 2 984 CONDO 7
73 GALEN ST #73 $111,000 2 2 995 CONDO 60
510 S STATE ST $126,900 1 1 829 CONDO 7
170 OSWEGO SMT $148,900 2 2 1506 CONDO 129
750 1ST ST #A9 $169,000 2 2 1350 CONDO 9
4968 OAKRIDGE RD $195,000 3 1.1 1240 DETACHD 8
17684 SCHALIT WAY $225,000 3 1.1 960 DETACHD 6
1041 HEMLOCK ST $319,000 4 3 2623 DETACHD 9
17200 ROBB PL $385,000 3 2.1 2206 DETACHD 4
4207 HARVEY WAY $389,500 4 2.1 2648 DETACHD 50
35 CHURCHILL DOWNS $395,000 4 3 2271 DETACHD 17
1903 EGAN WAY $425,000 2 2.1 2280 DETACHD 26
5250 ROYAL OAKS DR $449,900 4 2.1 2147 DETACHD 23
143 FURNACE ST $530,000 2 2.1 2170 CONDO 30
4147 CASEY CT $779,950 5 3.1 4145 DETACHD 41
13795 CAMEO CT $1,449,000 4 5.2 7190 DETACHD 259

SOLD (August 6-12,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
13990 SHIREVA CT $245,000 $180,000 3 2 1651 DETACHD 307
5206 ROYAL OAKS DR $424,900 $350,000 5 3.1 2801 DETACHD 318
352 4TH ST $388,000 $388,000 2 2.1 1731 ATTACHD 4
4 MOZARTEUM CT $424,900 $410,000 3 2.1 2417 DETACHD 10
2441 OVERLOOK DR $424,900 $415,000 4 3 3422 DETACHD 9
4672 AUBURN LN $439,900 $439,900 3 3.1 2732 ATTACHD 108
2152 WEMBLEY PL $499,000 $505,000 4 3 2854 DETACHD 3
2650 GLEN EAGLES RD $739,950 $650,000 3 4 3112 DETACHD 405
5765 VICTORIA CT $679,950 $690,000 5 3.1 3459 DETACHD 2
1901 CHERYL CT $1,165,000 $1,090,000 4 4.1 4872 DETACHD 12

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

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Open Houses ~ August 12, 2012

Lots of Great Open Homes Sunday.
Here is the rundown according to RMLS ~ Enjoy!

Address L/Price # Beds # Baths Total SF Time
550 S STATE ST $147,000 2 1 920 3:30-5PM
17684 SCHALIT WAY $225,000 3 1.1 960 1-4PM
18444 TUALATA AVE $299,000 3 2 1192 1-3PM
14 POLONIUS ST $329,900 4 4 2828 1-3PM
5910 SHAKESPEARE ST $370,000 4 2.1 1663 1-3PM
1454 GLENMORRIE DR $425,000 4 2.1 3372 1-3PM
16439 LEXINGTON CT $449,000 2 2 1563 1-3PM
19044 OLSON AVE $449,000 4 4 3264 1-3PM
2823 GLEN HAVEN RD $538,000 4 2 3015 2-4PM
17802 TREETOP LN $539,000 4 3.1 3655 3-5PM
5616 GRAND OAKS DR $539,000 4 3 3096 1-3PM
16734 Mellon ST $548,500 4 2.1 2368 2:30-4PM
45 AQUINAS ST $564,900 3 2.1 2981 1-4PM
16746 Mellon ST $567,900 4 2.1 2724 2:30-4:30PM
15655 FIELDSTONE DR $589,500 3 2.1 2750 12-2PM
5533 FIELDSTONE CT $599,500 4 2.1 3115 12-2PM
18096 PILKINGTON RD $625,000 3 2.1 3182 1-3PM
5193 DENTON DR $635,000 4 2.1 3076 1-3PM
217 5TH ST $649,000 3 2.1 2097 1-3PM
17980 MEADOWLARK LN $689,000 3 2.1 3252 1-3PM
18977 BARTON RD $699,900 4 3.2 5076 11AM-2PM
1985 COUNTRY CLUB RD $699,999 5 4 3630 1:30-4PM
17787 KELOK RD $799,950 3 2 3085 12-2PM
1205 CHANDLER RD $885,000 5 3.1 4275 2-4PM
17775 KELOK RD $949,500 4 2.1 2882 1-4PM
16805 SCOTT CT $979,000 3 3.1 4321 2-4PM
18202 BELLA TERRA DR $1,075,000 4 3.1 3863 1:30-3:30PM
112 NORTHSHORE CIR $1,599,000 4 3.1 3632 11AM-4PM
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News & Notes

* Summertime Fun – Wondering what to do in Lake Oswego this summer?  CLICK HERE  for a “Summer Catalog”!

* Pre-Register for “After School” – Junior High is a time for our kids to spread their wings a little bit.  It also can be a time of testing newfound freedoms, and for parents to begin to look at things from a bit of a different perspective.  CLICK HERE for information on the After School program that offers junior high school kids lots of fun activities after school! Its a great way to meet new friends, learn and engage in familiar, and maybe some unfamiliar activies during that time in between school and dinner! Snacks, clubs, competitions and parties… sounds like fun!

* Farmers Market… Want to Participate? – Have you ever pondered bringing yourself and your particular passion to the fabulous Lake Oswego Farmer’s Marekt?  CLICK HERE  for more information on just what that might entail for YOU!

* Lake Oswego Review –  We have lots of out-of-state readers who look to us to keep them abreast of all things “Oswego” : )  For these readers, please also visit the local paper ONLINE to catch news snippets and to get a glimpse inside our beloved community.

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Market Activity July 30th to August 5th, 2012

All of last week’s activity was evenly balanced with 19 new listings, 18 pending sales, and 19 closed sales.

See below for further details on last week’s Market Activity:

NEWLY LISTED (July 30-August 5th, 2012)

Address Type Price BR Bths SF
4 Touchstone Condo $79,000 2 2 984
5225 Jean Rd #314 Attached $159,900 3 2 1500
750 1st ST A9 Condo $169,000 2 2 1350
4968 Oakridge Rd Detached $195,000 3 1.5 1240
1041 Hemlock St Detached $319,000 4 3 2623
18892 Indian Springs Cir Detached $329,000 3 2 1611
1642 Highland Dr Detached $459,000 4 3 2234
663 Carrera Ln Detached $459,000 3 2 2197
2 Buckingham Ter Detached $519,000 4 3 3732
5616 Grand Oaks Dr Detached $539,000 4 3 3096
5222 Carman Dr Detached $549,900 4 2 2534
4994 Hartford Pl Detached $569,000 5 2.5 3325
15840 Fir Grove Ct Detached $569,900 4 2.5 2623
5088 Woodcrest Ln Detached $629,900 4 2.5 3056
1209 Lake Garden Ct Detached $850,000 5 2.5 3428
17775 Kelok Rd Detached $949,500 4 2.5 2882
17840 Sarah Hill Ln Detached $995,000 5 3 4044
18025 Skyland Cir Detached $1,250,000 4 4.5+.5 5379
3301 Upper Dr Detached $1,343,000 4 3.5 4555

PENDING SALES (July 30-August 5, 2012)

Address Type Price BR Baths SF DOM
552 State St Condo $137,000 2 2 920 67
285 Cervantes Condo $139,500 3 1.5 1144 125
5195 Firwood Rd Detached $206,000 5 2 1886 88
80 Greenridge Ct Condo $249,000 3 3 1824 58
545 Hemlock St Detached $269,900 3 1.5 984 2
4978 Galen St Attached $289,999 2 2.5 1552 33
13828 Regency Ct Detached $319,900 4 2.5 2165 227
2300 Glen Haven Rd Detached $329,900 2 2 1424 8
14359 Orchard Springs Rd Detached $349,900 4 2.5 1939 139
4946 Mulholland Dr Attached $359,900 3 2.5 2584 337
4582 Trillium Woods Lt27 Attached $369,900 3 2.5 1835 100
72 Condolea Way Condo $395,000 3 2.5 2958 189
2794 Vale Ct Detached $399,000 3 2.5 2970 87
15633 Fieldstone Dr Detached $594,500 4 2.5 3047 305
3030 Childs Rd Detached $747,500 5 4.5 7076 20
15575 Village Dr Detached $895,000 4 2.5 3692 18
1677 Leslie Ln Detached $1,899,999 4 6.5 7534 141
17700 Upper Cherry Ln Detached $1,975,000 5 5.5 6907 724

SOLD (July 30-August 5, 2012)

Address Type List Price Closed Price BR Baths CDOM
4 Touchstone #79 Condo $127,000 $85,000 2 2 470
566 State St #566 Condo $129,900 $124,000 1 1 28
1641 Devon Ln Detached $239,900 $210,000 3 2.5 306
16123 Lake Forest Blvd Detached $375,000 $324,000 4 2.5 236
720 8th St Detached $330,000 $330,000 3 2 0
18 Othello St Detached $399,000 $397,000 4 2.5 10
71 Tanglewood Dr Detached $449,000 $400,000 3 3 739
4584 Trillium Woods Lt28 Attached $415,127 $415,127 3 2.5 0
8 Partridge Ln Detached $459,900 $455,000 4 2.5 48
3037 Tolkien Ln Detached $530,000 $530,000 4 3 0
17658 Brookhurst Dr Detached $539,000 $540,000 4 3 11
17389 Oak Meadow Ln Detached $554,000 $544,000 4 2.5 0
19245 Megly Ct Detached $599,000 $564,500 5 3 87
14390 Pfeifer Dr Detached $589,000 $589,000 5 3 3
147 5th St Detached $699,000 $689,000 4 2 9
662 9th St Detached $879,000 $830,000 5 3.5 74
815 E Ave Detached $998,000 $860,000 3 2.5 34
17344 Cedar Rd Detached $995,000 $880,000 4 2.5 368

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