No matter what holiday you celebrate at this time of year, we (Dianne, Linda & Whitney : ) wish you a home full of Peace, a heart full of Love, and those you hold dear to be near. 
Market Activity ~ Dec 15-21, 2014
Yes, real estate is happening : )
Here is your Latest Market Data: Last week in Lake Oswego we saw 5 New properties enter the market, 9 move to Pending status, and 13 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Dec 15-21, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 490 BOCA RATAN DR | $519,000 | 3 | 2 | 2023 | DETACHD |
| 6459 FROST ST | $529,000 | 4 | 2.1 | 2627 | DETACHD |
| 3433 MCNARY PKWY #203 | $150,000 | 2 | 1.1 | 1008 | CONDO |
| 3009 WEMBLEY PARK RD | $598,500 | 4 | 2.1 | 1704 | DETACHD |
| Highlands LOOP | $2,195,000 | 4 | 4.1 | 5579 | DETACHD |
PENDING SALES (Dec 15-21, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 3986 CARMAN DR | $204,900 | 2 | 2.1 | 1107 | CONDO | 58 |
| 3100 WESTVIEW CT | $929,000 | 4 | 3.1 | 3750 | DETACHD | 17 |
| 18375 RIVER EDGE LN | $897,950 | 4 | 2.1 | 3400 | DETACHD | 27 |
| 17138 CEDAR RD | $1,495,000 | 3 | 3.1 | 3017 | DETACHD | 89 |
| 2131 WEMBLEY PARK RD | $539,000 | 4 | 2.1 | 3228 | DETACHD | 188 |
| 12810 ALTO PARK RD | $964,000 | 5 | 3.1 | 3834 | DETACHD | 97 |
| 820 FAIRWAY RD | $1,189,000 | 4 | 3.1 | 3758 | DETACHD | 331 |
| 555 COUNTRY CLUB RD | $625,000 | 3 | 3 | 2133 | DETACHD | 159 |
| 169 OSWEGO SMT #169 | $100,280 | 2 | 2 | 1330 | CONDO | 63 |
SOLD (Dec 15-21, 2014)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 17547 CHERRY CT | $1,225,000 | $978,850 | 4 | 3.1 | 3737 | DETACHD | 337 |
| 19354 LORNA LN | $950,000 | $1,049,888 | 5 | 3.1 | 4169 | DETACHD | 403 |
| 16987 ALDER CIR | $395,950 | $400,000 | 3 | 2 | 1713 | DETACHD | 4 |
| 16990 LOWER MEADOWS DR | $369,900 | $374,900 | 3 | 2.1 | 2000 | DETACHD | 2 |
| 37 CHURCHILL DOWNS | $470,000 | $475,000 | 3 | 2.1 | 2372 | DETACHD | 4 |
| 4724 FIRWOOD RD | $329,000 | $325,000 | 3 | 1.1 | 1240 | DETACHD | 5 |
| 21 SUMMIT RIDGE CT | $339,000 | $332,000 | 2 | 2.1 | 1654 | ATTACHD | 16 |
| 200 BURNHAM RD #211 | $385,000 | $317,000 | 3 | 2 | 1862 | CONDO | 85 |
| 2341 STONEHURST CT | $659,000 | $659,000 | 4 | 2.1 | 3389 | DETACHD | 2 |
| 1531 BOCA RATAN DR | $289,000 | $277,000 | 3 | 2 | 1755 | ATTACHD | 57 |
| 804 2ND ST | $505,000 | $400,000 | 4 | 3 | 2224 | ATTACHD | 50 |
| 17619 Potters RD | $575,000 | $575,000 | 4 | 2.1 | 2665 | DETACHD | 9 |
| 2612 RIVENDELL RD | $799,000 | $730,000 | 4 | 3 | 3168 | DETACHD | 93 |
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.
Giving
We’re all focusing on the holidays right now and all that goes along with that, so I thought it might be a good idea to take a look at things we might be wanting to include on our to-do lists & consider taking care of before the end of the year. Namely…Giving! This is the Celebrating & Giving time of year, and, many want to think ahead about tax time as well. If you’re going to give anyway…. this is definitely the time to do it!
Here are some worthy ideas for your consideration:
- In the community of Lake Oswego, there are many organizations doing fantastic work. Click Here for information on a variety of Lake Oswego-based non-profits that could use your help.
- Here’s a great resource site to help yopu evaluate the most worthy recipients of your donations based on their research: The Portland “Give Guide”
- One of the things that sets Lake Oswego apart is its committment to the arts, and the availability and visibility of art all through the year and on its very streets. If art is important to you, consider donating to the Arts Council.
- Speaking of giving, I know from my days in a Lake Oswego Schools Booster Club, that every community has needy families. Some of your kids’ friends may very well have parents who’ve lost a job, or are in some sort of upheaval and wondering how they’re going to be able to pay their bills let alone create a semi normal-feeling holiday for their household . Your favorite local school probably has names of families in need. Give a call to the school of your choice and think about donating a holiday roast or turkey, or just dropping off a few gifts. The school counselor usually knows just what to do with this kind of generosity, and you’ll know you really made a difference for some needy family in your own neighborhood.
- If animals are near and dear to your heart, there are lots of options for donating. The Oregon Humane Society is an obvious choice, and/but some smaller outfits that take up the slack and don’t have quite the visibility of the OHS would be heart-warmed to receive your donation. One that is recommended to me by someone in the know is the Family Dogs New Life Shelter. It is a no-kill shelter that does excellent work.
- Lake Oswego’s Tryon Creek is such a treasure to the community. If nature and its continued availability in communities, and specifically Lake Oswego, is important to you, consider donating to Friends of Tryon Creek.
There are so many great choices, I thought I’d highlight just a few and give you some links to resources that offer many options. Enjoy your holidays, and the Joys that come with the season!
Market Activity ~ Nov 24-30, 2014
Greetings, Property Blotter readers! OK, I will go out on a limb and say that things are slowing down a bit. I call this the Holiday Black Hole : ) I do business this time of year every year because people either Buy or Sell for so many reasons… most not having to do with the weather… and time of year often plays into the desire to accomplish something (by moving) at or around the time of the turn of the year. Anyway, I decided that for myself a long time ago, and so it is ; ) But most people take their minds off real estate at this time of year and put them on family, friends, and the things that really matter in Life… some of us just have “dual duty” in helping to make changes that house the family and friends that we Love, while decorating and toasting with Loved ones all at once! …and that’s plenty of fun too.
Here is your Latest Market Data: Last week in Lake Oswego we saw 9 New properties enter the market, 10 move to Pending status, and 8 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Nov 24-30, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 5275 OAKRIDGE RD | $349,900 | 3 | 1 | 1267 | DETACHD |
| 5590 KILCHURN AVE | $624,900 | 4 | 2.1 | 2472 | DETACHD |
| 13070 BOONES FERRY RD | $549,000 | 3 | 1 | 1864 | DETACHD |
| 910 FAIRWAY RD | $1,098,000 | 4 | 3.1 | 3384 | DETACHD |
| 34 DEL PRADO ST | $569,950 | 4 | 3 | 3120 | DETACHD |
| 1075 OAK TER | $355,000 | 3 | 2 | 1356 | DETACHD |
| 66 GALEN ST (Upper) | $109,500 | 1 | 1 | 689 | CONDO |
| 2234 FERNWOOD CIR | $545,000 | 4 | 3 | 2975 | DETACHD |
| 2109 WEMBLEY PARK RD | $819,000 | 5 | 3 | 3154 | DETACHD |
PENDING SALES (Nov 24-30, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 18951 INDIAN SPRINGS CIR | $449,900 | 5 | 3 | 2865 | DETACHD | 3 |
| 1744 FERN PL | $599,000 | 4 | 2.1 | 2110 | DETACHD | 10 |
| 59 GALEN ST (Lower) | $94,900 | 1 | 1 | 550 | CONDO | 22 |
| 831 4TH ST | $525,000 | 3 | 1.1 | 2240 | DETACHD | 20 |
| 100 KERR PKWY #11 | $95,000 | 1 | 1 | 617 | CONDO | 282 |
| 19211 TERRY AVE | $370,000 | 4 | 2 | 1872 | DETACHD | 9 |
| 5048 TREE ST | $310,000 | 3 | 1.1 | 1232 | DETACHD | 7 |
| 12819 ALTO PARK RD | $1,038,500 | 4 | 4.1 | 3944 | DETACHD | 8 |
| 1045 BULLOCK ST | $568,000 | 3 | 2.1 | 2105 | DETACHD | 11 |
| 5726 CHARLES CIR | $696,500 | 4 | 3.1 | 3173 | DETACHD | 104 |
SOLD (Nov 24-30, 2014)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 3061 DORIS CT | $449,000.0 | $420,000.0 | 5 | 2 | 2684 | DETACHD | 68 |
| 87 OSWEGO SMT (Lower) | $119,000.0 | $79,000.0 | 2 | 1.1 | 1116 | CONDO | 125 |
| 16342 IVY LN | $699,900.0 | $645,000.0 | 5 | 3.1 | 4645 | DETACHD | 57 |
| 137 KINGSGATE RD | $446,000.0 | $449,000.0 | 3 | 2.1 | 2372 | DETACHD | 2 |
| 13327 ATWATER LN | $895,000.0 | $840,000.0 | 3 | 2 | 3004 | DETACHD | 220 |
| 6243 SW DAWN ST | $314,000.0 | $302,500.0 | 3 | 1.1 | 1254 | DETACHD | 89 |
| 4 TOUCHSTONE #110 | $149,000.0 | $145,000.0 | 2 | 2 | 989 | CONDO | 85 |
| 18936 BRYANT RD | $749,900.0 | $670,000.0 | 4 | 4 | 4100 | DETACHD | 189 |
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.
News & Notes
Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) numbers:
The latest real estate numbers in Portland and the Lake Oswego/West Linn areas are in. Things have taken an uptick in October for the Portland area. This was the strongest October for Closed Sales since 2006!
According to the RMLS Market Action Report for the Portland Metro Area October, 2014:
- At 2,487, October Closed Sales rose 4.6% over the month prior, September, and were up a full 13.6% from October of 2013’s 2,189 .
- There were 2,881 New Listings in October which was 7.1% down from September, but rose 13.6% from October 2013.
- The Average Sale Price in October of $335,600 was down $2,500 from the month prior. The first ten months of 2014 are logging an Average Sale Price of $333,200, which is up 7.4% over the same time period in 2013.
- October Pending Sales (accepted offers), at 2,480, were down 2.8% from the month prior. That said, the Pending sales for October are up a full 16.7% over October 2013.
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In Lake Oswego and West Lin steady activity is Good with Closed Sales down by 10 and/but Pending Sales up by 6. Average Sale Price was up $11,200 from September. (There is a very wide range of prices in Lake Oswego among a relatively smaller number of homes for sale as compared to the larger Portland area, so this is not unusual.)
The combined areas of Lake Oswego and West Linn for October reported:
- 475 Active Listings (Sept was 501)
- 166 New Listings (Sept was 177)
- 136 Pending Sales (Sept was 130)
- 130 Closed Sales (Sept was 140)
- An Average Sale Price of $547,800. (Sept was $536,600)
- Average Time on the Market: 81 Days (Sept was 100)
Market Activity ~ Nov 3-9, 2014
Greetings, Property Blotter readers! Well, we’ve definitely got a chill in the air, and leaves are turning & flying away in the breeze. Buyers are out there looking and buying houses as well!
Here is your Latest Market Data: Last week in Lake Oswego we saw 24 New properties enter the market, 26 move to Pending status, and 10 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Nov 3-9, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 59 GALEN ST | $94,900 | 1 | 1 | 550 | CONDO |
| 4636 LOWER DR #B-1 | $128,000 | 2 | 1.1 | 1170 | CONDO |
| 86 KINGSGATE RD #C-203 | $139,500 | 2 | 2 | 924 | CONDO |
| 47 EAGLE CREST DR #59 | $140,000 | 2 | 2 | 1024 | CONDO |
| 336 CERVANTES CIR | $149,900 | 2 | 1.1 | 1112 | CONDO |
| 76 GALEN RD #76 | $175,000 | 2 | 2 | 989 | CONDO |
| 62 GREENRIDGE CT | $260,000 | 3 | 2 | 1596 | ATTACHD |
| 113 TOUCHSTONE TER | $293,000 | 3 | 2.1 | 2104 | ATTACHD |
| 3 CONDOLEA DR | $325,000 | 3 | 3 | 2198 | CONDO |
| 4724 FIRWOOD RD | $329,000 | 3 | 1.1 | 1240 | DETACHD |
| 1437 OAK ST | $349,000 | 3 | 1 | 1070 | DETACHD |
| 17520 REDFERN AVE | $350,000 | 3 | 2 | 1776 | DETACHD |
| 564 2ND ST | $399,000 | 2 | 2.1 | 1394 | ATTACHD |
| 4146 LAKEVIEW BLVD | $400,000 | 5 | 1.1 | 2056 | DETACHD |
| 3402 LAKE GROVE AVE | $420,000 | 3 | 2 | 1686 | DETACHD |
| 5978 FERNBROOK CIR | $449,900 | 4 | 2.1 | 1612 | DETACHD |
| 533 2ND ST | $465,000 | 2 | 2 | 1274 | CONDO |
| 37 CHURCHILL DOWNS | $470,000 | 3 | 2.1 | 2372 | DETACHD |
| 5189 TUALATA LN | $475,000 | 3 | 2 | 2422 | DETACHD |
| 834 6TH ST | $525,000 | 2 | 1 | 1062 | DETACHD |
| 18728 BRYANT RD | $576,355 | 3 | 2.1 | 2736 | DETACHD |
| 4729 FIRWOOD RD | $599,900 | 3 | 2.1 | 2594 | DETACHD |
| 17680 WOODHURST PL | $1,095,000 | 5 | 3.1 | 5478 | DETACHD |
| 179 FURNACE ST | $1,698,000 | 3 | 3.1 | 4784 | CONDO |
PENDING SALES (Nov 3-9, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 87 OSWEGO SMT | $79,000 | 2 | 1.1 | 1116 | CONDO | 125 |
| 272 CERVANTES | $129,900 | 3 | 2 | 1209 | CONDO | 234 |
| 44 EAGLE CREST DR #11 | $134,000 | 3 | 2 | 1085 | CONDO | 23 |
| 246 RIDGEWAY RD #17B | $160,000 | 1 | 1 | 753 | CONDO | 16 |
| 16250 PACIFIC HWY #76 | $200,000 | 3 | 2 | 1801 | CONDO | 122 |
| 200 BURNHAM RD #105 | $229,900 | 1 | 1 | 858 | CONDO | 42 |
| 5057 FOOTHILLS DR #H | $267,500 | 2 | 2 | 1252 | CONDO | 4 |
| 1531 BOCA RATAN DR | $289,000 | 3 | 2 | 1755 | ATTACHD | 57 |
| 468 5TH ST #13 | $310,000 | 2 | 1.1 | 1092 | CONDO | 221 |
| 7 PEACOCK PL | $329,900 | 3 | 2.1 | 1400 | DETACHD | 19 |
| 1305 CORNELL ST | $349,000 | 3 | 2 | 2692 | DETACHD | 93 |
| 1453 GREENTREE CIR | $350,000 | 3 | 2 | 1762 | DETACHD | 3 |
| 16990 LOWER MEADOWS DR | $369,900 | 3 | 2.1 | 2000 | DETACHD | 2 |
| 528 2ND ST | $439,500 | 2 | 2.1 | 1703 | ATTACHD | 16 |
| 5747 VICTORIA CT | $549,000 | 4 | 2.1 | 2432 | DETACHD | 112 |
| 17619 Potters RD | $575,000 | 4 | 2.1 | 2665 | DETACHD | 9 |
| 5830 SUNBROOK DR | $575,000 | 4 | 2.1 | 2810 | DETACHD | 26 |
| 17821 HILLSIDE WAY | $589,000 | 4 | 3.1 | 3442 | DETACHD | 29 |
| 5674 CHARLES CIR | $639,000 | 4 | 2.1 | 2679 | DETACHD | 138 |
| 13983 WESTCOTT CT | $649,900 | 4 | 2.1 | 2792 | DETACHD | 7 |
| 2341 STONEHURST CT | $659,000 | 4 | 2.1 | 3389 | DETACHD | 2 |
| 2612 RIVENDELL RD | $775,000 | 4 | 3 | 3168 | DETACHD | 93 |
| 13327 ATWATER LN | $895,000 | 3 | 2 | 3004 | DETACHD | 220 |
| 17390 GRANDVIEW CT | $915,000 | 4 | 4.2 | 4516 | DETACHD | 506 |
| 63 NANSEN SMT | $919,900 | 4 | 3.1 | 3202 | DETACHD | 65 |
| 14122 GOODALL RD | $969,000 | 5 | 4.1 | 4530 | DETACHD | 331 |
SOLD (Nov 3-9, 2014)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 5058 FOOTHILLS DR | $239,900 | $227,000 | 2 | 2 | 1252 | CONDO | 6 |
| 6262 WAYZATA CT | $328,950 | $352,000 | 3 | 1.1 | 1276 | DETACHD | 15 |
| 4242 COBB WAY | $449,800 | $388,000 | 3 | 2 | 1589 | DETACHD | 38 |
| 18840 RIVENDELL CT | $499,000 | $439,000 | 4 | 3 | 3060 | DETACHD | 72 |
| 3718 LAKE GROVE AVE | $489,000 | $452,000 | 4 | 3 | 2523 | DETACHD | 115 |
| 5440 BAY CREEK DR | $545,000 | $520,000 | 3 | 2.1 | 2442 | DETACHD | 74 |
| 24 MORNINGVIEW CIR | $535,000 | $520,000 | 4 | 3.1 | 2817 | DETACHD | 13 |
| 2584 Park RD | $559,000 | $525,000 | 4 | 2 | 2302 | DETACHD | 110 |
| 2031 LILLI LN | $779,995 | $770,000 | 3 | 3.1 | 3418 | DETACHD | 14 |
| 19463 LORNA LN | $899,500 | $899,500 | 4 | 3.1 | 4055 | DETACHD | 429 |
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.
News & Notes
Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) numbers:
The latest real estate numbers in Portland and the Lake Oswego/West Linn areas for September are in. Overall numbers are down from August and up from last year
According to the RMLS Market Action Report for the Portland Metro Area September, 2014:
- At 2,378, September Closed Sales dropped 8% from the month prior (August), and/but were up a full 10.2% from September of 2013’s 2,158 .
- There were 3,102 New Listings in September which was 6.1% higher than September 2013, but down 13.4% from the month prior.
- The Average Sale Price in September of $338,100 was down $1,900 from the month prior. The first nine months of 2014 are logging an Average Sale Price of $333,000, which is up 7.4% over the same time period in 2013.
- September Pending Sales (accepted offers), at 2,551, were down 5.7% from the month prior. That said, the Pending sales for September are up a full 15% over September 2013. ***This was the strongest September for Pending sales since 2006 when there were 2,599!
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In Lake Oswego and West Lin steady activity with all numbers down slightly from August, and/but the Average Sale Price rising by $16,400… and interestingly, Average Time on the Market going from 57 to 100 days (that’s quite a jump!)
The combined areas of Lake Oswego and West Linn for August reported:
- 501 Active Listings (August was 531)
- 177 New Listings (August was 185)
- 130 Pending Sales (August was 148)
- 140 Closed Sales (August was 134)
- An Average Sale Price of $536,600. (August was $520,200)
- Average Time on the Market: 100 Days (August was 57)
Market Activity ~ Oct 13-19, 2014
Hello to each of our Property Blotter readers from the big, happy family here at the Blotter! We’re all still amazingly busy, and/but as I said before, Fall is in the air. Peoples’ attention wanders… Halloween, Thanksgiving, and yes… that other big holiday are on everyones’ minds. Yet, Fall and Winter can be fantastic times to buy a home. People with their homes on the market generally really want to sell. If you’re selling, people looking at this time of year really tend to be serious about buying!
Here is your Latest Market Data: Last week in Lake Oswego we saw 16 New properties enter the market, 22 move to Pending status, and 14 “Closed”/Sold! Interestingly, 11 out of those 22 New ones are Condos or Townhomes.
Ok, Linda here signing off/running out the door to help more clients!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Oct 13-19, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 169 OSWEGO SMT #169 | $109,000 | 2 | 2 | 1330 | CONDO |
| 103 OSWEGO SMT | $110,000 | 2 | 1.1 | 1116 | CONDO |
| 120 OSWEGO SMT | $134,900 | 2 | 2 | 1140 | CONDO |
| 44 EAGLE CREST DR #11 | $139,000 | 3 | 2 | 1085 | CONDO |
| 4000 CARMAN DR #55 | $149,900 | 2 | 2 | 866 | CONDO |
| 45 EAGLE CREST DR #409 | $155,000 | 2 | 2 | 1214 | CONDO |
| 526 S STATE ST | $169,900 | 2 | 1 | 914 | CONDO |
| 5063 Foothills DR | $199,000 | 2 | 2 | 991 | CONDO |
| 1349 BONNIEBRAE DR | $239,000 | 3 | 1.1 | 1303 | ATTACHD |
| 16250 PACIFIC HWY #75 | $245,000 | 3 | 2 | 1626 | CONDO |
| 7 PEACOCK PL | $329,900 | 3 | 2.1 | 1400 | DETACHD |
| 92 GREENRIDGE CT #92 | $348,000 | 3 | 2.1 | 1980 | ATTACHD |
| 5344 TUALATA CT | $349,355 | 3 | 2 | 1263 | DETACHD |
| 4972 GALEN ST | $525,000 | 3 | 3 | 1942 | ATTACHD |
| 4726 CAMBRIDGE CT | $595,000 | 3 | 2.1 | 2865 | ATTACHD |
| 2484 MARYLSHIRE LN | $849,000 | 4 | 3.1 | 4353 | DETACHD |
PENDING SALES (Oct 13-19, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 87 OSWEGO SMT | $79,000 | 2 | 1.1 | 1116 | CONDO | 104 |
| 5060 FOOTHILLS DR | $240,000 | 3 | 2 | 1252 | CONDO | 2 |
| 17299 LAKE HAVEN DR | $275,000 | 3 | 1 | 925 | DETACHD | 2 |
| 1 PEACOCK PL | $309,000 | 3 | 2.1 | 1248 | DETACHD | 92 |
| 200 BURNHAM RD #211 | $339,900 | 3 | 2 | 1862 | CONDO | 85 |
| 1812 FERNWOOD DR | $369,000 | 3 | 1.1 | 1401 | DETACHD | 17 |
| 1405 CEDAR ST | $375,000 | 4 | 2 | 2570 | DETACHD | 3 |
| 20 AQUINAS ST | $389,000 | 4 | 2.1 | 1814 | DETACHD | 33 |
| 4208 HARVEY WAY | $399,900 | 4 | 2 | 2132 | DETACHD | 87 |
| 6550 CHILDS RD | $400,000 | 2 | 2 | 1346 | DETACHD | 9 |
| 3061 DORIS CT | $429,900 | 5 | 2 | 2684 | DETACHD | 68 |
| 3225 TEMPEST DR | $448,000 | 3 | 2.1 | 2231 | DETACHD | 106 |
| 18840 RIVENDELL CT | $449,900 | 4 | 3 | 3060 | DETACHD | 72 |
| 629 5TH ST | $469,000 | 2 | 1 | 1122 | DETACHD | 118 |
| 132 MIDDLECREST RD | $495,000 | 4 | 2 | 1617 | DETACHD | 0 |
| 4125 WOLF BERRY CT | $529,900 | 4 | 2.1 | 2824 | DETACHD | 1 |
| 2 Walking Woods DR | $593,950 | 5 | 3 | 4116 | DETACHD | 91 |
| 3075 TOLKIEN LN | $649,000 | 3 | 2.1 | 2667 | DETACHD | 9 |
| 17410 UPPER CHERRY LN | $739,000 | 4 | 3.2 | 4586 | DETACHD | 141 |
| 754 5TH ST | $755,000 | 3 | 3 | 2179 | DETACHD | 42 |
| 19463 LORNA LN | $899,500 | 4 | 3.1 | 4055 | DETACHD | 429 |
| 17335 KELOK RD | $950,000 | 4 | 3.1 | 2491 | DETACHD | 89 |
SOLD (Oct 13-19, 2014)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE #91 | $122,500 | $119,700 | 2 | 2 | 984 | CONDO | 23 |
| 155 OSWEGO SMT | $199,900 | $120,460 | 2 | 2 | 1506 | CONDO | 241 |
| 1818 COUNTRY CLUB RD | $299,999 | $300,000 | 4 | 2 | 2032 | DETACHD | 3 |
| 23 FALSTAFF ST | $349,500 | $322,500 | 3 | 2 | 1434 | DETACHD | 58 |
| 139 DEL PRADO ST | $429,000 | $382,500 | 4 | 2 | 2967 | DETACHD | 116 |
| 76 TOUCHSTONE | $479,000 | $400,000 | 5 | 2.1 | 2856 | DETACHD | 73 |
| 19040 INDIAN SPRINGS CIR | $509,900 | $505,000 | 4 | 3 | 2900 | DETACHD | 3 |
| 32 DEL PRADO ST | $529,900 | $512,000 | 5 | 3 | 3696 | DETACHD | 16 |
| 2626 PARK RD | $537,500 | $537,500 | 4 | 3 | 2475 | DETACHD | 5 |
| 14253 KIMBERLY CIR | $700,000 | $705,000 | 4 | 3.1 | 3592 | DETACHD | 0 |
| 3894 TAMARACK LN | $825,000 | $825,000 | 4 | 3.1 | 4035 | DETACHD | 39 |
| 13888 GOODALL RD | $1,379,000 | $1,265,000 | 4 | 3.1 | 4435 | DETACHD | 265 |
| 1633 LESLIE LN | $1,850,000 | $1,750,000 | 5 | 4.1 | 5921 | DETACHD | 88 |
| 17301 Canal CIR | $1,999,999 | $1,850,000 | 5 | 4.1 | 3843 | DETACHD | 89 |
Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.
Market Activity ~ Sept 22-28, 2014
We still have steady sales per Pending and Closed numbers, and/but fewer homes are entering the market. Fall is in the air!
Here is your Latest Market Data: Last week in Lake Oswego we saw 8 New properties enter the market, 22 move to Pending status, and 21 “Closed”/Sold.
Following is the breakdown according to RMLS:
NEW on Mkt (Sept 22-28, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 4610 LOWER DR | $114,900 | 2 | 1.1 | 1260 | CONDO |
| 158 OSWEGO SMT | $138,000 | 2 | 2 | 1506 | CONDO |
| 121 LEONARD ST #C | $195,000 | 2 | 2 | 1118 | CONDO |
| 200 BURNHAM RD #105 | $229,900 | 1 | 1 | 858 | CONDO |
| 27 ORIOLE LN | $425,500 | 4 | 2.1 | 1851 | DETACHD |
| 18768 WOOD DUCK ST | $499,900 | 3 | 3 | 2940 | DETACHD |
| 11 MOUNTAIN VIEW LN | $799,000 | 4 | 3.1 | 3659 | DETACHD |
| 1865 PALISADES TERRACE DR | $6,900,000 | 5 | 5.3 | 8800 | DETACHD |
PENDING SALES (Sept 22-28, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 44 EAGLE CREST DR #41 | $109,995 | 2 | 1 | 908 | CONDO | 421 |
| 10 CERVANTES CIR | $149,900 | 2 | 1.1 | 912 | CONDO | 14 |
| 18543 DON LEE WAY | $250,000 | 3 | 1 | 924 | DETACHD | 20 |
| 16450 LAKE FOREST BLVD | $289,900 | 4 | 2 | 1442 | DETACHD | 4 |
| 1 EAGLE CREST DR | $326,000 | 3 | 2 | 1265 | DETACHD | 18 |
| 5713 KENNY ST | $335,000 | 3 | 2 | 1384 | DETACHD | 31 |
| 2051 GREENTREE RD | $419,900 | 3 | 2.1 | 1864 | DETACHD | 67 |
| 3061 DORIS CT | $429,900 | 5 | 2 | 2684 | DETACHD | 45 |
| 5115 FIRWOOD RD | $439,970 | 4 | 2.1 | 1657 | DETACHD | 68 |
| 1530 LARCH ST | $469,000 | 3 | 3 | 2384 | DETACHD | 3 |
| 960 9TH ST | $475,000 | 2 | 1 | 1509 | DETACHD | 63 |
| 47 DA VINCI ST | $475,000 | 3 | 2.1 | 2445 | DETACHD | 57 |
| 5225 COVENTRY CT | $504,900 | 3 | 2.1 | 2050 | DETACHD | 3 |
| 19040 INDIAN SPRINGS CIR | $509,900 | 4 | 3 | 2900 | DETACHD | 3 |
| 768 BERWICK CT | $549,900 | 3 | 2 | 1731 | DETACHD | 24 |
| 12402 SHELBY CT | $555,000 | 4 | 3 | 3120 | DETACHD | 74 |
| 2400 DELLWOOD DR | $574,900 | 4 | 3 | 3180 | DETACHD | 1 |
| 3 WALKING WOODS DR | $575,000 | 5 | 3 | 3853 | DETACHD | 86 |
| 17601 WOODHURST PL | $650,000 | 3 | 2.1 | 3179 | DETACHD | 53 |
| 17410 UPPER CHERRY LN | $739,000 | 4 | 3.2 | 4586 | DETACHD | 123 |
| 17129 KELOK RD | $1,299,000 | 4 | 2.1 | 2894 | DETACHD | 0 |
| 13888 GOODALL RD | $1,379,000 | 4 | 3.1 | 4435 | DETACHD | 265 |
SOLD (Sept 22-28, 2014)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 245 CERVANTES | $149,900 | $153,500 | 2 | 2 | 1292 | CONDO | 5 |
| 5058 FOOTHILLS DR #A | $239,900 | $235,000 | 2 | 2 | 1252 | CONDO | 12 |
| 1720 BONNIEBRAE DR | $287,500 | $287,500 | 2 | 2 | 1611 | ATTACHD | 66 |
| 4291 WOODSIDE CIR | $325,000 | $315,000 | 3 | 2 | 2026 | ATTACHD | 49 |
| 90 KINGSGATE RD | $289,900 | $325,000 | 3 | 2.1 | 1727 | DETACHD | 326 |
| 1795 FERNWOOD DR | $339,900 | $325,000 | 3 | 1 | 1220 | DETACHD | 17 |
| 562 2ND ST | $379,900 | $377,000 | 2 | 2.1 | 1302 | CONDO | 177 |
| 14344 HOLLY SPRINGS RD | $399,000 | $400,000 | 3 | 2.1 | 1699 | DETACHD | 0 |
| 10 ABELARD ST | $394,900 | $400,000 | 3 | 2 | 1874 | DETACHD | 5 |
| 18929 LONGFELLOW AVE | $446,000 | $446,000 | 3 | 2 | 1800 | DETACHD | 7 |
| 523 2ND ST #105 | $465,000 | $465,000 | 2 | 2 | 1274 | CONDO | 12 |
| 7 WINDSOR CT | $495,000 | $485,000 | 5 | 2.1 | 2728 | DETACHD | 62 |
| 2802 GREENTREE RD | $499,500 | $507,000 | 3 | 2 | 2548 | DETACHD | 45 |
| 33 MORNINGVIEW CIR | $550,000 | $515,000 | 3 | 2.1 | 2737 | DETACHD | 123 |
| 4311 ORCHARD WAY | $549,900 | $520,000 | 4 | 2.1 | 3010 | DETACHD | 227 |
| 17900 CANAL RD | $599,000 | $535,000 | 4 | 3 | 2992 | DETACHD | 266 |
| 17450 TREETOP WAY | $585,000 | $575,000 | 5 | 3 | 3752 | DETACHD | 0 |
| 3333 Royce WAY | $609,007 | $614,999 | 4 | 2.1 | 2697 | DETACHD | 295 |
| 551 2ND ST | $660,000 | $615,000 | 2 | 2 | 1631 | CONDO | 74 |
| 1403 GREENTREE CIR | $669,000 | $635,000 | 5 | 3.1 | 4047 | DETACHD | 47 |
| 13777 CAMEO CT | $1,700,000 | $1,585,000 | 4 | 5.1 | 7300 | DETACHD | 38 |
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.
News & Notes
Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) numbers:
The latest real estate numbers in Portland and the Lake Oswego/West Linn areas for August are in. There’s a mixed bag of improvement generally over last year, and/but continued slowing in August, as in July, from the months prior.
According to the RMLS Market Action Report for the Portland Metro Area August, 2014:
- At 2,586, August Closed Sales dropped 3.4% from the month prior (July), and 1.4% from August of 2013.
- There were 3,581 New Listings in August which was 4.6% higher than August 2013, but down a whopping 9.4% from the month prior.
- The Average Sale Price in August of $340,000 was down exactly $4,470 from the month prior. The first eight months of 2014 are logging an Average Sale Price of $332,600, which is up 7.6% over the same time period in 2013.
- August Pending Sales (accepted offers), at 2,704, were down 3.5% from the month prior. They were also slowing in July, which indicates fewer offers being made. That said, the Pending sales for August are up 3.4% over August 2013 .
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In Lake Oswego and West Linn we have some slowing in New Listings from July, and exactly the same number of Pending Listings…which is interesting : ) The number for Closed Sales (how many were actually completed during August) is down a bit. The number of days it is taking for a property to sell is shrinking… which is a Good thing! As always, the Average Sale Price is higher than Portland Metro numbers. This is because of the percentage of high dollar homes, and does not mean that you can’t find reasonably priced homes here as you can see from our weekly Market Activity Reports.
The combined areas of Lake Oswego and West Linn for August reported:
- 531Active Listings
- 185 New Listings
- 148 Pending Sales
- 134 Closed Sales
- An average Sale Price of $520,200.
- Average Time on the Market: 57 Days