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Market Activity ~ April 6-12, 2015

Its springtime in Lake Oswego and activity is brisk. Here is your Latest Market Activity Report:

Last week in Lake Oswego we saw 18 New properties enter the market, 25 move to Pending status, and 17 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Apr 6-12, 2015)

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR ##39 $139,900 2 2 1085 CONDO
100 KERR PKWY #1 $159,500 2 2 1188 CONDO
170 OSWEGO SMT $177,100 2 2 1506 CONDO
4107 JEFFERSON PKWY $237,500 2 2.1 1367 CONDO
668 MCVEY AVE #24 $239,000 1 1 626 CONDO
1023 HALLINAN ST $349,000 3 1.1 1097 DETACHD
4283 WOODSIDE CIR $359,900 4 2 2032 ATTACHD
1878 MAPLELEAF RD $399,900 3 1.1 1347 DETACHD
5434 WILLOW CT $489,000 3 2.1 2446 ATTACHD
16889 WIGHT LN $489,000 4 2.1 2386 DETACHD
6 CELLINI CT $705,000 5 3 3494 DETACHD
4125 HEDGE NETTLE CT $715,000 4 2.1 2890 DETACHD
3180 WESTVIEW CT $875,000 5 3.1 4216 DETACHD
18320 RIVER EDGE LN $995,000 4 4 4342 DETACHD
3072 LAKEVIEW BLVD $1,150,000 5 5.1 4030 DETACHD
17327 KELOK RD $1,250,000 3 3 2300 DETACHD
3301 UPPER DR $1,400,000 4 3.1 4555 DETACHD
16511 MAPLE CIR $1,695,000 4 2.1 3342 DETACHD

PENDING SALES (Apr 6-12, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #52 $89,000 1 1 666 CONDO 17
15 OSWEGO SMT #15 $106,000 2 2 1212 CONDO 357
62 GREENRIDGE CT / Grnd $260,000 3 2 1596 CONDO 147
200 BURNHAM RD #209 $299,900 2 2 1305 CONDO 5
16875 TRACY AVE $320,000 4 2 1825 DETACHD 2
16470 BRYANT RD $324,900 3 2 2024 DETACHD 140
115 TOUCHSTONE TER $329,900 4 2.2 2848 ATTACHD 8
44 AQUINAS ST $379,900 4 2 1870 DETACHD 24
5324 LOWER DR $395,000 3 2.1 2034 DETACHD 3
4972 GALEN ST $415,000 2 3 1942 ATTACHD 175
5189 TUALATA LN $440,000 3 2 2422 DETACHD 150
18481 WAXWING CIR $459,000 3 2.1 1840 DETACHD 22
18640 TUALATA AVE $463,500 4 2 2076 DETACHD 4
17380 CANYON DR $514,950 4 2.1 2526 DETACHD 145
18530 BRYANT RD $514,995 3 2.1 2400 DETACHD 14
18728 Bryant RD $524,995 3 2.1 2736 DETACHD
2550 SOUTHSHORE BLVD $575,000 4 3.1 3721 DETACHD 159
12615 SW 21ST CT $739,000 4 3.1 4594 DETACHD 36
17572 SHEPHERDS CT $779,900 4 3 2983 DETACHD 36
2671 GLEN EAGLES RD $825,000 3 3 4019 DETACHD 5
496 8TH ST $879,000 4 2 2899 DETACHD 35
1901 SUMMIT DR $899,000 4 3.1 3444 DETACHD 7
13371 ATWATER LN $899,000 4 3 4795 DETACHD 0
17970 ROYCE WAY $1,125,000 5 4.1 5355 DETACHD 34
720 KENOLA CT $1,200,000 3 3.1 3727 DETACHD 53

SOLD  (Apr 6-12, 2015)

Address OpeningPrice Closed Price # Beds # Baths Total SF Prop Type CDOM
56 GALEN ST / Upper $142,500 $142,500 2 2 1000 CONDO 10
3433 MCNARY PKWY #506 $175,000 $185,000 2 2.1 1136 CONDO 3
3970 SW CARMAN DR / Grnd $219,900 $215,000 2 2.1 1129 CONDO 8
132 TOUCHSTONE TER $280,000 $280,000 3 2.1 1964 ATTACHD 0
65 KINGSGATE RD $299,900 $290,025 3 2 1237 ATTACHD 4
38 WHEATHERSTONE $299,900 $299,900 3 2.1 1692 ATTACHD 8
19060 INDIAN SPRINGS CIR $435,000 $408,000 3 2 1355 DETACHD 26
1107 CHERRY LN $424,900 $425,000 3 2 2094 DETACHD 10
18863 INDIAN SPRINGS RD $439,900 $439,900 4 3 2001 DETACHD 3
4733 FIRWOOD RD $474,900 $472,000 4 3 2310 DETACHD 189
34 DEL PRADO ST $569,950 $522,000 4 3 3120 DETACHD 101
18790 Bryant RD $544,995 $524,995 3 2.1 2400 DETACHD
409 MIDDLECREST RD $599,000 $595,000 3 3 2135 DETACHD 15
1890 CREST DR $769,000 $692,500 3 2.1 2782 DETACHD 144
14128 EDENBERRY DR $749,900 $752,000 4 2.1 3168 DETACHD 10
14488 PFEIFER DR $825,000 $869,700 4 3.1 3563 DETACHD 2
18360 RIVER EDGE LN $957,000 $925,000 4 2.1 3738 DETACHD 22

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

The most recent real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are available.

According to the RMLS Market Action Report for the Portland Metro Area, February, 2015:

  • There were 2,884 New Listings in February which was up 4.4% from January, and up 22.5% from February of 2014.
  • At 1,648, February Closed Sales increased 11.6% over January, and were up  12.3% from February of 2014.
  • February Pending Sales (accepted offers), at 2,534, was the strongest since 2007. Up… 10.5%  from January, and up a whopping 37.1% from February 2014.
  •  The Average Sale Price in February of $328,000 was down $1,400 from January, and up $2,500 from February of 2014. 

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The combined areas of Lake Oswego and West Linn  for the month of February 2015 reported:

    • 360 Active Listings
    • 198 New Listings
    • 149 Pending Sales
    • 86 Closed Sales
    • An Average Sale Price for February of $518,300.
    • Average Time on the Market: 100 Days
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Market Activity ~ March 16-22, 2015

The Lake Oswego market is humming right along.  Here is your Latest Market Activity Report:

Last week in Lake Oswego we saw 20 New properties enter the market, 24 move to Pending status, and 18 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Mar 16-Mar 22, 2015)

Address List Price # Beds # Baths Total SF Prop Type
2189 FERNWOOD CIR $650,000 4 2.1 2921 DETACHD
15938 QUARRY RD #A5 $164,900 2 1 996 CONDO
5157 WOODCREST LN $649,900 4 2.1 3144 DETACHD
17280 WESTVIEW DR $429,000 4 3 2324 DETACHD
11 CHURCHILL DOWNS $430,500 4 2.1 2336 DETACHD
18481 WAXWING CIR $465,000 3 2.1 1840 DETACHD
279 EVERGREEN RD $639,000 3 3.1 2136 ATTACHD
18977 BARTON RD $875,000 4 3.2 5076 DETACHD
0 STAFFORD RD Lot 2 $899,000 4 3.1 2834 DETACHD
134 KINGSGATE RD $399,000 3 2.1 1794 DETACHD
6109 SUMMER WOODS $485,000 4 2.1 2331 DETACHD
25 PARTRIDGE LN $485,000 3 2.1 3148 DETACHD
14383 HOLLY SPRINGS RD $450,000 5 3 2238 DETACHD
54 GALEN ST Upper $135,900 2 2 995 CONDO
14084 GOODALL RD $1,424,900 5 5.1 5399 DETACHD
4201 HAVEN ST $649,900 4 3 2678 DETACHD
667 3RD ST $679,000 6 6 3120 ATTACHD
2609 GLEN HAVEN RD $1,100,000 4 4 3793 DETACHD
2481 MARYLSHIRE LN $795,000 5 3.1 4154 DETACHD
17701 BLUE HERON WAY $499,900 3 2.1 2002 DETACHD

PENDING SALES (Mar 16-Mar 22, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13721 REGENCY CT $492,500 3 2.1 2311 DETACHD 102
13554 PETERS RD $899,850 3 2.5 3036 DETACHD 36
66 GALEN ST Upper $99,900 1 1 689 CONDO 111
550 2ND ST $395,000 2 1.2 1540 CONDO 286
16735 LAKE FOREST BLVD $315,000 3 2 1192 DETACHD 144
1990 GREENTREE RD $459,900 4 3 2100 DETACHD 11
13819 PROVINCIAL HILL DR $549,900 4 2.1 2096 DETACHD 24
703 5TH ST $979,000 4 2.1 2719 DETACHD 4
200 BURNHAM RD #306 $195,000 2 1 1199 CONDO 29
18706 Bryant RD $499,995 3 2.1 2400 DETACHD
9 DA VINCI ST $399,900 3 2 1768 DETACHD 5
1585 PATTON RD $539,900 4 3 3162 DETACHD 314
1015 SOUTHSHORE BLVD $619,900 4 3 3882 DETACHD 43
17763 MARDEE AVE $447,000 5 3 2300 DETACHD 10
4070 VIRGINIA WAY $747,500 3 2.1 3510 DETACHD 44
9 TOUCHSTONE $397,000 3 2 1890 DETACHD 15
44 AQUINAS ST $379,900 4 2 1870 DETACHD 2
1272 ZIVNEY LN $679,900 4 3 2658 DETACHD 16
1725 FERNWOOD DR $479,000 4 2.1 1580 DETACHD 13
4182 GLACIER LILY ST $630,000 4 3 2799 DETACHD 4
5707 YORKSHIRE CT $780,000 4 3.1 3400 DETACHD 0
2286 WEMBLEY PARK RD $699,000 3 3 2000 DETACHD 103
1033 OBRIEN ST $325,000 4 2 1416 DETACHD 25
17101 CHAPIN WAY $519,000 3 2 1949 DETACHD 6

SOLD  (Mar 16-Mar 22, 2015)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4650 LOWER DR /Lower $125,000 $115,000 2 1.1 1260 CONDO 86
1349 BONNIEBRAE DR /Twnhs $239,000 $219,600 3 1.1 1303 ATTACHD 118
17225 CHAPIN WAY $395,000 $347,000 3 2 2257 DETACHD 119
18 OSWEGO SMT #18 $69,900 $53,500 1 1 764 CONDO 176
4524 LOWER DR #A3 $315,000 $265,000 3 2.1 1650 CONDO 147
86 KINGSGATE RD #F-106 $142,000 $142,000 2 2 840 CONDO 3
4171 OLD GATE RD $350,000 $330,000 4 2 1752 DETACHD 7
4 TOUCHSTONE #136 $178,500 $163,700 3 2.1 1351 CONDO 5
124 D AVE /Twnhs $550,000 $550,000 2 2.1 1754 ATTACHD 7
2508 ORCHARD HILL PL $439,900 $452,000 3 2.1 2229 DETACHD 4
368 CERVANTES CIR /Twnhs $129,500 $117,999 2 1 882 CONDO 27
1625 BEDFORD CT $595,000 $574,000 2 2.1 2462 DETACHD 9
5487 TUALATA CT $339,455 $339,455 3 2 1200 DETACHD 1
751 BRIERCLIFF LN $528,950 $519,950 4 3 2534 DETACHD 32
127 DEL PRADO ST $459,000 $459,000 4 3 2310 DETACHD 5
17617 ARBOR LN $390,000 $390,000 3 2 1745 DETACHD 214
116 OSWEGO SMT #116 $139,000 $132,000 2 2 1140 CONDO 323
121 LEONARD ST #C $185,000 $178,000 2 2 1118 CONDO 131

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

The most recent real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are available.

According to the RMLS Market Action Report for the Portland Metro Area, January, 2015:

  • There were 2,762 New Listings in January which was up a whopping 79.4% from December, and up 6.9% from January of 2013.
  • At 1,477, January Closed Sales dropped 34% from the month prior, but were up a full 5.8% from January of 2013.
  • January Pending Sales (accepted offers), at 2,294, were very strong. Up… 37.6%  from December, and up 13.2% from January 2013.
  • Comparing the 12 months ending January 31st of 2015 with the same 12 month period ending January 2014, Average Sales Price is up 7%.    The Average Sale Price in January of $329,400 was down $2,200 from the month prior. 

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The combined areas of Lake Oswego and West Linn  for the month of January 2015 reported:

    • 337 Active Listings
    • 166 New Listings
    • 113 Pending Sales
    • 68 Closed Sales
    • An Average Sale Price for December of $533,500.
    • Average Time on the Market: 84 Days
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Market Activity ~ Feb 23 – March 1, 2015

Lake Oswego is seeing lots of activity, along with the greater Portland area.

Here is your Latest Market Data: Last week in Lake Oswego we saw 16 New properties enter the market, 26 move to Pending status, and 15 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 23-Mar 1, 2015)

Address List Price # Beds # Baths Total SF Prop Type
56 GALEN ST Upper $142,500 2 2 1000 CONDO
44 ORIOLE LN $389,000 4 2.1 2156 DETACHD
4871 CENTERWOOD ST $415,000 4 3 2619 DETACHD
1107 CHERRY LN $424,900 3 2 2094 DETACHD
1428 GREENTREE CIR $425,000 4 2.1 2236 DETACHD
13855 VERTE CT $449,000 3 2.1 1835 DETACHD
1250 PINE ST $529,900 4 3 2856 DETACHD
13819 PROVINCIAL HILL DR $549,900 4 2.1 2096 DETACHD
27 BECKET ST $579,900 3 2 2715 DETACHD
4004 MELISSA DR $598,950 4 2.1 2839 DETACHD
720 MAPLE ST $719,000 3 2.1 3966 DETACHD
2855 SW UPPER DR $1,150,000 3 2 1749 DETACHD
17620 BLUE HERON RD $1,198,000 4 3.1 4041 DETACHD
16655 MAPLE CIR $1,269,000 3 2 2030 DETACHD
14733 UPLANDS DR $2,495,000 6 5.3 7088 DETACHD
17096 CHAPIN WAY 1395000 – 1495000 4 5 4395 DETACHD

PENDING SALES (Feb 23-Mar 1, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
368 CERVANTES CIR $119,999 2 1 882 CONDO 27
86 KINGSGATE RD #F 106 $142,000 2 2 840 CONDO 3
106 OSWEGO SMT $165,000 2 2 1140 CONDO 5
45 EAGLE CREST DR #308 $169,900 2 2 1046 CONDO 24
152 RIDGEWAY RD $234,900 2 1.1 1794 CONDO 3
18660 DON LEE WAY $274,900 3 1 946 DETACHD 206
38 WHEATHERSTONE $299,900 3 2.1 1692 ATTACHD 8
15364 TWIN FIR RD $349,900 3 2 1608 DETACHD 271
9 CONDOLEA DR $380,000 3 3 2198 CONDO 5
17617 ARBOR LN $390,000 3 2 1745 DETACHD 214
5926 DOVE CT $435,000 3 2 1807 DETACHD 2
18863 INDIAN SPRINGS RD $439,900 4 3 2001 DETACHD 3
16201 LAKE FOREST BLVD $444,900 3 2.1 1846 DETACHD 108
4733 FIRWOOD RD $474,900 4 3 2310 DETACHD 189
103 GARIBALDI ST $479,000 3 3.1 3322 DETACHD 1188
19 MONTICELLO DR $479,900 6 3 3678 DETACHD 27
2250 PARK RD $559,000 3 2 2041 DETACHD 3
4848 HASTINGS DR $575,000 3 2.1 2174 DETACHD 3
409 MIDDLECREST RD $599,000 3 3 2135 DETACHD 15
3285 CHILDS RD $599,900 4 3 2693 DETACHD 3
797 F AVE $700,000 3 2.1 2323 DETACHD 2
13643 MELROSE PL $799,900 4 4 4146 DETACHD 45
1136 WESTWARD HO RD $895,000 3 2.1 3344 DETACHD 324
568 9TH ST $925,000 3 3.1 2825 DETACHD 85
816 4TH ST $949,900 4 2.1 2699 DETACHD 9
2490 SUMMIT DR $2,200,000 4 2 3000 DETACHD 212

SOLD  (Feb 23-Mar 1, 2015)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
28 CRESTFIELD CT $145,000 $150,000 2 2 995 CONDO 3
5185 CARMAN DR $389,000 $325,000 3 1.1 1848 DETACHD 141
123 CONDOLEA DR $375,000 $335,000 3 3 2143 CONDO 153
5053 W SUNSET DR $375,000 $373,000 2 2.1 1720 ATTACHD 2
17251 GREENTREE AVE $414,950 $410,000 4 2.1 2728 DETACHD 45
4104 LAKEVIEW BLVD $439,000 $420,000 4 2 2252 DETACHD 66
143 KINGSGATE RD $450,000 $442,500 3 2 2618 DETACHD 131
14353 HOLLY SPRINGS RD $525,000 $525,000 4 3 2238 CONDO 129
4959 BILFORD LN $549,900 $549,900 3 2.1 2456 DETACHD 4
4729 FIRWOOD RD $599,900 $550,000 3 2.1 2594 DETACHD 87
5590 KILCHURN AVE $624,900 $570,900 4 2.1 2472 DETACHD 68
3877 TEMPEST DR $690,000 $695,000 4 2.1 3237 DETACHD 4
1051 COUNTRY COMMONS $849,000 $779,900 4 2.1 3582 DETACHD 224
2950 UPPER DR $795,000 $785,000 4 3.1 3373 DETACHD 64
3700 MARQUIS CT $924,850 $919,000 4 2.1 4251 DETACHD 69

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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Market Activity ~ Feb 2-8, 2015

Here comes the sun!
The market is pretty steady right now, and all reports are that the Buyers are out in force.

Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 22 move to Pending status, and 10 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type
1260 HALLINAN ST $298,000 3 1.1 1325 DETACHD
5061 FOOTHILLS DR $199,950 2 2 991 CONDO
0 Atherton 950000 – 1187500 4 4 3415 DETACHD
14128 EDENBERRY DR $749,900 4 2.1 3168 DETACHD
14034 TAYLORS CREST LN $869,000 5 3.2 4007 DETACHD
320 CERVANTES CIR $129,900 2 1 832 CONDO
4 TOUCHSTONE $178,500 3 2.1 1351 CONDO
4 TOUCHSTONE $160,000 3 2.1 1351 CONDO
2701 LAKEVIEW BLVD $724,500 3 2.1 2289 DETACHD
2701 LAKEVIEW BLVD $724,500 3 2.1 2264 DETACHD
368 CERVANTES CIR $129,500 2 1 882 CONDO
17749 LEAFY LN $579,900 2 3 3300 DETACHD
910 TERRACE DR $1,200,000 4 2.1 3934 DETACHD
4070 VIRGINIA WAY $747,500 3 2.1 3510 DETACHD
6310 ALYSSA TER $465,000 4 2.1 2452 DETACHD
127 DEL PRADO ST $459,000 4 3 2310 DETACHD
17617 ARBOR LN $390,000 3 2 1745 DETACHD
18975 INDIAN SPRINGS RD $437,900 4 2.1 1910 DETACHD

PENDING SALES (Feb 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1539 LAKE FRONT RD $1,200,000 4 3.1 3385 DETACHD 119
15365 TWIN FIR RD $449,000 3 1 1201 DETACHD 198
13286 GOODALL RD $1,750,000 5 5.3 6819 DETACHD 142
49 BRIARWOOD RD $950,000 3 2 2412 DETACHD 67
18414 OLD RIVER LNDG $1,795,000 4 4.2 6498 DETACHD 553
15885 WHITE OAKS DR $625,000 4 2.1 2802 DETACHD 55
1401 GREENTREE CIR $419,000 3 2 1800 DETACHD 165
834 6TH ST $459,000 2 1 1062 DETACHD 94
1653 DEVON LN $485,000 4 3 3181 DETACHD 153
18224 BELLA TERRA DR $1,175,000 4 3.1 4050 DETACHD 210
1033 Spruce ST $499,500 2 2.1 1562 DETACHD 28
4504 WILDWOOD ST $399,900 3 2 1655 DETACHD 0
43 CONDOLEA CT $365,000 2 2.1 2157 CONDO 12
808 ELLIS AVE $514,900 3 2.1 2108 DETACHD 28
13024 ROGERS RD $769,000 4 3.1 3333 DETACHD 0
1015 SOUTHSHORE BLVD $629,000 4 3 3882 DETACHD 3
5487 TUALATA CT $339,455 3 2 1200 DETACHD 1
751 BRIERCLIFF LN $528,950 4 3 2534 DETACHD 32
17171 LOWENBERG TER $739,000 4 2.1 3002 DETACHD 118
121 LEONARD ST #C $185,000 2 2 1118 CONDO 131
2286 WEMBLEY PARK RD $699,000 3 3 2000 DETACHD 65
4104 LAKEVIEW BLVD $429,000 4 2 2252 DETACHD 66

SOLD  (Feb 2-8, 2015)

Address Open Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #40 $89,500 $85,000 1 1 696 CONDO 51
4077 JEFFERSON PKWY $234,500 $234,500 2 2.1 1462 CONDO 24
6101 HARRINGTON AVE $359,000 $361,500 3 2.1 1400 DETACHD 62
2751 SUMMIT DR $648,950 $655,000 3 2 2418 DETACHD 145
19211 TERRY AVE $370,000 $370,000 4 2 1872 DETACHD 41
4080 COLTSFOOT LN $525,000 $525,000 4 2.1 2884 DETACHD 0
18177 DELENKA LN $830,000 $787,500 5 2.2 3802 DETACHD 131
1075 OAK TER $340,000 $350,000 3 2 1356 DETACHD 29
616 4TH ST $1,049,000 $1,049,000 4 2.1 3034 DETACHD 0
3554 TEMPEST DR $449,007 $454,000 3 2.1 2279 DETACHD 4

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.

Posted on

News & Notes

The latest real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are in.  It shouldn’t come as a surprise that numbers are up for 2014. December saw some customary slowing from November, but overall, the year’s totals look pretty darned good.

According to the RMLS Market Action Report for the Portland Metro Area, December, 2014:

  • At 2,239, December Closed Sales rose 15.6% over the month prior, and were up a full 25.6% from December of 2013’s 1,782.
  • December Pending Sales (accepted offers), at 1,667, were down quite a bit…20.3%  from the month prior (which is somewhat understandable during the holidays).  That said, the Pending sales are up a full 12.3% over December 2013‘s 1,484.
  • There were 1,540 New Listings in December which was 19.9% down from November, but up 15.5% from December of 2013’s 1,333.
  • The Average Sale Price in December of $331,600 was down $4,400 from the month prior. The year 2014 finished with an Average Sale Price of $333,000, which is up 7.2% over 2013‘s finishing number which was $310,600.

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The combined areas of Lake Oswego and West Linn  for the month of December 2014 reported:

    • 348 Active Listings
    • 79 New Listings
    • 81 Pending Sales  (up 6.6% over December 2013)
    • 117 Closed Sales
    • An Average Sale Price for December of $512,500.
    • Average Sale Price for Year to Date (so…2014) of $527,500. (up 9.5% over 12 month rolling average in 2013)
    • Average Time on the Market: 105 Days
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Market Activity ~ Jan 12-18, 2015

Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 13 move to Pending status, and 9 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 12-18, 2015)

Address List Price # Beds # Baths Total SF Prop Type
2707 SOUTHSHORE BLVD $1,485,000 3 3.1 3122 DETACHD
1059 BAYBERRY RD $1,399,950 4 3.1 3456 DETACHD
1422 ASH ST $337,500 4 3 2583 DETACHD
48 SPINOSA $462,500 3 2.1 2848 DETACHD
2762 VALE CT $630,000 4 3 2709 DETACHD
3877 TEMPEST DR $690,000 4 2.1 3237 DETACHD
507 ASH ST $980,000 2 3.1 3000 DETACHD
16200 PACIFIC HWY #21 $269,000 2 2 1190 CONDO
16200 Pacific Hwy #24 $269,000 2 2 1190 CONDO
19415 SYCAMORE AVE $549,900 4 2 1584 DETACHD
5695 WASHINGTON CT $349,900 3 2 1769 DETACHD
4261 COBB WAY $595,000 3 3 2362 DETACHD
1 SW CRESTFIELD CT LWR $95,000 1 1 689 CONDO
18418 OLD RIVER LNDG $1,895,000 4 3.2 5204 DETACHD
1034 CEDAR ST $799,500 4 3.1 2895 DETACHD
48 EAGLE CREST DR #1A $250,000 3 2.2 1550 CONDO
321 5TH ST $799,000 4 3.1 2800 DETACHD
12448 ORCHARD HILL RD $650,000 4 3 3336 DETACHD

PENDING SALES (Jan 12-18, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4636 AUBURN LN $485,000 3 3.1 2732 ATTACHD 118
4080 COLTSFOOT LN $525,000 4 2.1 2884 DETACHD 0
526 S STATE ST $167,500 2 1 914 CONDO 92
4630 WILDWOOD ST $464,900 3 2 2067 DETACHD 83
15885 WHITE OAKS DR $625,000 4 2.1 2802 DETACHD 36
2 PIMLICO TER $500,000 4 2.1 2301 DETACHD 83
568 9TH ST $925,000 3 3.1 2825 DETACHD 43
47 ORIOLE LN $385,000 3 2.1 1958 DETACHD 123
12830 ALTO PARK RD $939,000 4 3.1 3478 DETACHD 330
1460 GREENTREE CIR $399,900 3 2 1791 DETACHD 3
1008 SPRUCE ST $535,000 3 2.1 1765 DETACHD 6
123 CONDOLEA DR $375,000 3 3 2143 CONDO 153
324 4TH ST $450,000 2 2.1 1731 ATTACHD 4

SOLD  (Jan 12-18, 2015)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
1228 OAK ST $399,950 $402,000 3 2 1603 DETACHD 4
18951 INDIAN SPRINGS CIR $449,900 $465,000 5 3 2865 DETACHD 3
18650 TUALATA AVE $700,000 $735,000 4 4 3196 DETACHD 261
86 KINGSGATE RD #G203 $144,900 $132,000 2 2 849 CONDO 77
179 FURNACE ST $1,698,000 $1,590,000 3 3.1 4784 CONDO 47
16250 PACIFIC HWY #76 $345,000 $180,000 3 2 1767 CONDO 122
754 5TH ST $770,000 $755,000 3 3 2179 DETACHD 91
86 KINGSGATE RD #H102 $136,900 $127,500 2 2 849 CONDO 29
706 5TH ST $300,000 $417,500 4 2 1824 DETACHD 16

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.