Tag: Linda Trotta Realtor

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Market Activity Sept 16-22, 2013

Along with some fantastic, blustery fall weather, last week brought us 19 new listings, 18 pending sales, and 10 closed sales.

Here is the breakdown of activity according to RMLS:

NEW LISTINGS (Sept 16-22, 2013):

Address Type Price BR Bths SF
143 Oswego Summit Condo $146,000 2 2 1212
220 Cervantes Condo $185,000 2 2 1378
5850 Kennycroft Way Detached $200,000 3 1.5 1296
4418 Thundervista Ln Condo $239,000 3 2.5 2040
3285 SW Childs Rd Detached $375,000 4 3 2780
4711 Rembrandt Ln Detached $399,900 3 2.5 2050
1528 Cedar St Detached $449,900 3 2 2080
4361 Albert Circle Detached $449,900 3 2.5 2472
2719 Greentree Rd Detached $457,000 5 3.5 3886
4979 Bilford Ln Detached $467,590 3 2.5 2200
101 3rd St Condo $474,900 3 2 1447
619 Clara Ct Detached $485,000 4 2.5 2958
5602 Southwood Dr Detached $498,900 4 2.5 2636
1448 Cedar St Detached $500,000 4 3 2544
179973 Saint Clair Dr Detached $565,000 4 3 3323
4728 Lakeview Blvd Detached $609,900 5 3.5 2838
3752 Tempest Dr Detached $659,000 4 2.5 3353
13052 Knaus Rd Detached $789,000 4 3 3026
77 Garibaldi Detached $895,000 4 2.5 3515

PENDING SALES (Sept 16-22, 2013)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #41 Condo $105,000 2 1.5 822 57
86 Kingsgate Rd #27 Condo $107,500 2 2 938 1
482 S State St #3B Condo $149,000 2 1 1659 149
5225 Jean Rd #306 Attached $170,000 2 2 1400 147
3433 McNary Pdwy #504 Condo $174,700 2 2.5 1136 43
12808 Boones Ferry Rd Condo $264,000 3 2.5 1174 76
837 Country Club Rd Detached $349,000 4 3 1729 96
13043 Rogers Rd Detached $479,000 3 2 2213 3
4860 10th St Detached $479,500 4 3 2280 25
17393 Grandview Ct Detached $539,000 4 3.5 3672 243
2103 Ridgewood Rd Detached $550,000 3 2 1648 71
14 Del Prado St Detached $599,999 5 3.5 4094 115
2322 Stonehurst Ct Detached $600,000 4 2.5 3602 378
19201 Maree Ct Detached $629,000 5 2.5 4070 153
4114 Casey Ct Detached $700,000 4 2.5 3405 44
547 Middlecrest Rd Detached $730,000 2 2.5 1888 116
19575 35th Ct Detached $1,135,000 4 3 6081 43
4860 Centerwood St Detached $479,000 5 2.5 2533 64

SOLD (Sept 16-22, 2013)

Address Type List Price Closed Price Sq Ft CDOM
205 Cervantes #205 Condo $130,000 $122,050 1216 212
4302 Botticelli St #2 Condo $243,900 $211,500 2298 105
5152 Lakeview Blvd Detached $250,000 $250,000 1393 0
3616 Lake Grove Ave Detached $319,000 $319,000 1,150 0
5195 Firwood Rd Detached $395,000 $356,000 1926 80
5051 W Sunset Dr Attached $375,000 $370,000 1734 7
621 Country Club Rd Detached $449,000 $400,000 3303 391
16 Aquinas St Detached $400,000 $400,000 1658 1
1075 Chandler Rd Detached $1,495,000 $1,315,000 5710 148
1475 Chandler Rd Detached $1,595,000 $1,330,000 4515 205

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. 6-12, 2012

Lots of good activity in Lake Oswego this past week!!
See below for further details:

NEW SALES (Feb 6-12, 2012,, 2011)

Address List Price # Beds # Baths Total SF Prop Type
360 CERVANTES CIR $98,500 2 1 832 CONDO
3834 BOTTICELLI ST $129,900 2 2 1055 ATTACHD
5058 FOOTHILLS DR A $190,000 2 2 1252 CONDO
4890 INDIAN CREEK CT $250,000 3 2 2064 DETACHD
5060 FOOTHILLS DR E $279,900 2 2 1252 CONDO
668 MCVEY AVE $315,000 3 1.1 992 CONDO
1872 KILKENNY DR $379,900 5 3 2748 DETACHD
12770 SIERRA VISTA DR $392,900 4 2.1 2592 DETACHD
21 CONDOLEA DR $399,900 3 2.1 2198 CONDO
486 LIVINGOOD LN $459,000 4 3.1 3115 DETACHD
17859 HILLSIDE WAY $502,999 5 3 3926 DETACHD
17802 MARYLCREEK DR $509,000 4 4 3735 DETACHD
5975 NEWCASTLE DR $539,000 3 2.1 3339 DETACHD
17802 TREETOP LN $599,000 4 3.1 4110 DETACHD
1708 OAK ST $638,000 4 2.1 3444 DETACHD
2351 PALISADES CREST DR $699,900 5 2.1 4037 DETACHD
96 GARIBALDI ST $795,000 3 3.1 4819 DETACHD
14066 Edenberry DR $795,000 5 3.1 3835 DETACHD
2311 OSWEGO GLEN CT $839,000 4 4 4529 DETACHD
18493 RAY RIDGE DR $993,500 4 3.3 4283 DETACHD
19395 HILLTOP RD $1,095,000 4 3.2 4911 DETACHD
1644 LESLIE LN $1,350,000 4 3.2 4982 DETACHD
758 SOUTHVIEW RD $3,795,000 5 5.1 5179 DETACHD
1024 NORTHSHORE RD $4,695,000 5 5.1 7000 DETACHD

PENDING (Feb 6-12, 2012, 2011) 

Address List Price # Beds # Baths Prop Type Total SF CDOM
1400 BONNIEBRAE DR $150,000 2 1 ATTACHD 864 36
58 GREENRIDGE CT $164,900 3 2.2 ATTACHD 1996 51
19158 LONGFELLOW AVE $199,000 3 1.1 DETACHD 1232 2
17683 NICOLE LN $219,000 3 2 DETACHD 1200 67
6380 WASHINGTON CT $232,500 3 2 DETACHD 1720 91
5311 TUALATA CT $249,000 3 1.1 DETACHD 1387 293
2025 WEMBLEY PARK RD $299,000 4 2.1 DETACHD 2304 9
14 NORTHVIEW CT $379,000 4 3.1 ATTACHD 3279 264
13854 PROVINCIAL HILL DR $399,900 4 2.1 DETACHD 2726 240
6 CHURCHILL DOWNS $399,900 5 3.1 DETACHD 2922 1
16884 SUMMER PL $419,900 4 2.1 DETACHD 2782 296
13880 KNAUS RD $475,000 4 3.1 DETACHD 3532 131
72 CONDOLEA WAY $495,000 3 2.1 CONDO 2958 18
4730 AVERY LN $499,000 4 2.1 DETACHD 2666 3
2469 MARYLHAVEN PL $500,000 4 3.2 DETACHD 5582 5
17900 GREENBLUFF DR $775,000 4 3.1 DETACHD 4210 211
17951 MEADOWLARK LN $799,900 4 3.2 DETACHD 5065 17
17434 LAKE HAVEN DR $1,595,000 4 2.1 DETACHD 3976 8

SOLD (Feb 6-12, 2012, 2011)

Address O/Price Close Price # Beds # Baths Prop Type Total SF CDOM
210 S STATE ST $174,900 $147,000 2 1 CONDO 1495 86
15 CONDOLEA DR $275,000 $197,550 3 3 CONDO 2388 193
16695 GLENWOOD CT $469,900 $317,000 4 3 DETACHD 3060 176
1877 WOODLAND TER $399,000 $399,000 4 2 DETACHD 2776 4
18116 PIONEER CT $549,000 $549,000 5 3 DETACHD 3500 3
23 HILLSHIRE DR $679,000 $570,000 4 4 DETACHD 3916 194
17110 LOWENBERG TER $689,000 $629,000 4 2.1 DETACHD 2732 1078
18308 MEADOWLARK LN $1,425,000 $1,320,000 4 3.3 DETACHD 6853 171

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

What’s Happening in Lake Oswego? ~

* Really Local Weather –   Three new weather stations installed at City Hall, the Golf Course and Westlake Fire Station are now recording temperature, wind speed & direction, relative humidity, dew point, soil moisture, soil temperature, precipitation and Evapo-transpiration.   CLICK HERE to access current local weather info.

* Portland International Film Festival in Lake Oswego – Feb. 10-16~  The Bank of Lake Oswego and The City of Lake Oswego are sponsors of the festival, and 16 films will be shown in Lake Oswego.  The festival showcases more than a hundred films around the world.  To see showtimes, location & purchase tickets CLICK HERE.

*Virtual Summit – To see the information presented at the Feb 2nd summit, and to add your own thoughts on “inspiring spaces & places”, and “Complete Neighborhoods & Housing”  CLICK HERE  .  The deadline for submitting comments is Feb 12th.

* Lake Oswego Rides Mink River – Feb 18th  ~  Join Mayor Hoffman for a themed bike ride that visits some of the city’s public work sites and runs along the river winding through Sister of the Holy Names & to the Art Spot. Gather at 9:45 for a 10:00AM bike ride at Millennium Plaza Park.  The ride is 10 miles, and registration is completed by calling 503 675 3730.

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Market Activity ~ Jan 30 – Feb 5, 2012

There were 19 New properties entering the market, 13 in Pending status, and 5 marked as Sold during the last week according to RMLS.
See below for further details:

NEW (Jan 30 – Feb 5, 2012)

Address List Price # Beds # Baths Total SF Prop Type
204 RIDGEWAY RD $99,500 1 1 778 CONDO
76 OSWEGO SMT $119,900 2 2 1212 CONDO
4 TOUCHSTONE #69 $159,900 3 2.1 1351 CONDO
23 BLOCH TER $195,000 2 2 1394 ATTACHD
65 KINGSGATE RD $259,000 3 2 1237 ATTACHD
5958 KENNYCROFT WAY $298,950 3 2.1 1450 DETACHD
2025 WEMBLEY PARK RD $299,000 4 2.1 2304 DETACHD
1033 Yates $459,900 4 3.1 2889 DETACHD
5947 MEADOWCREEK CT $499,900 4 2.1 2485 DETACHD
3660 LAKE GROVE AVE $550,000 4 2.1 2400 DETACHD
4081 PFEIFER CT $580,000 5 3.1 4070 DETACHD
13226 ROGERS RD $599,000 4 2.1 3691 DETACHD
1700 MAPLE ST $629,900 3 2.1 3098 DETACHD
2530 PALISADES CREST DR $639,000 4 2.1 2854 DETACHD
15468 BOONES WAY $724,900 4 2.1 2425 ATTACHD
2358 SUMMIT DR $739,000 3 2.1 2995 DETACHD
4033 WESTBAY RD $1,295,000 4 3.1 3691 DETACHD
17434 LAKE HAVEN DR $1,595,000 4 2.1 3976 DETACHD
199 FURNACE ST Upper $2,590,000 3 3.1 5772 CONDO


PENDING (Jan 30 – Feb 5, 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
247 CERVANTES $120,600 2 2 1384 CONDO 114
12844 SW BOONES FERRY RD $175,000 2 2.1 1152 ATTACHD 15
908 LAKE FRONT RD $199,900 2 1 1398 DETACHD 62
18609 KRISTI WAY $208,500 4 1 1400 DETACHD 33
7 BRITTEN CT $235,000 4 2 2046 ATTACHD 314
1716 ASPEN CT $239,900 3 2 1528 DETACHD 202
16989 TUALATIN ST $247,000 3 2.1 1491 DETACHD 233
186 D AVE $299,900 3 2.1 1636 ATTACHD 102
10 HILLSHIRE DR $384,900 4 3 3152 DETACHD 12
537 2ND ST $459,900 2 2 1292 CONDO 3
4079 COLTSFOOT LN $486,799 4 4 3308 DETACHD 791
4370 LAKEVIEW BLVD $600,000 3 2 1305 DETACHD 1
16827 Scott CT $769,000 4 3.1 3952 DETACHD 256


SOLD (Jan 30 – Feb 5, 2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
5786 WASHINGTON CT $194,400 $147,000 3 2 1876 DETACHD 95
5220 FIRWOOD RD $134,900 $215,000 3 2 1300 DETACHD 18
15085 GLEN EAGLES PL $404,900 $395,000 3 3 2996 DETACHD 715
533 2ND ST $415,000 $403,950 2 2 1274 CONDO 42
16491 CHAPIN WAY $799,000 $717,500 4 3 3648 DETACHD 248

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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Today’s Open Houses

There are 12 houses being held open today. I’ve also got to comment that the past few days have been glorious with crisp, clear, sunny weather. Today is going to be that again. So get out there and enjoy it!

16212 Lake Forest Blvd, detached, $229,900, 3 BR, 2 Bths, Open 1 to 3

1700 Bonniebrae Dr, a condo, $259,000, 3 BR, 3 Bths, Open 12 to 2

668 McVey #57, a condo, $299,000, 3 BR, 1.5 Bths, Open 12 to 2

4700 Lower Dr, detached, $369,900, 3 BR, 2.5 Bths, Open 1 to 3

5542 Dunmire Dr, detached, $529,900, 4 BR, 2.5 Bths, Open 11 to 4

5515 Dunmire Dr, detached, $536,900, 4 BR, 3 Bths, Open 11 to 4

5595 Luce Ln, detached, $579,900, 5 BR, 3 Bths, Open 11 to 4

15633 Fieldstone Dr, detached, $618,950, 4 BR, 2.5 Bths, Open 12 to 2

5533 Fieldstone Ct, detached, $628,950, 4 BR, 2.5 Bths, Open 12 to 2

18231 Siena Dr., detached, $994,000, 4 BR, 3.5 Bths, Open 12 to 2

18132 Siena Dr, detached, $1,125,000, 4 BR, 3.5 Bths, Open 12 to 2

18202 Bella Terra Dr, detached, $1,145,000, 4 BR, 3.5 Bths, Open 12 to 2

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This is Earthquake Country

Earthquake fault
Cascadia Subduction Zone
While not as famous as our neighbor to the South, Oregon is very much earthquake country.

Some background
When recently visiting LO City Hall, I found a wealth of interesting information on a variety of topics, one of which is a handy little magazine called “Living on Shaky Ground“. It’s published by Oregon Emergency Management and is available for free.

We happen to live right on top of the Cascadia Subduction Zone. This zone has a history of 8.0 and 9.0 (we are talking HUGE earthquakes) that goes back 10,000 years with these big quakes happening on average every 250 years. It’s now been 312 years since the last big quake. So it’s not a matter of if, it’s a matter of when.

So, what can you do? In particular, when it comes to your home and buying a house.

When buying a home inspect, inspect, inspect

A good home inspector will look at the house from a perspective of its structural soundness. If the inspector has concerns, he or she should recommend further inspection be done by a seismic engineer.

I was recently involved in the potential sale of a home that was partially built on stilts with a very sloped lot. I was representing the buyer. Our home inspector determined that the substructure of the stilts provided for East and West support (or shaking) but not for North and South. Basically the Nouthern stilts all sat on the same retaining wall with no lateral bracing. In an earthquake, any shaking from the North to the South would cause that retaining wall to fall over and, yep, the house would go down the hill. Needless to say, my buyer chose to end that transaction and ended up purchasing an entirely different home.

If a more in-depth inspection is required by a seismic engineer, expect to spend about $250 for a sight visit. At this visit you will be able to walk the property and get a naration of what the engineer thinks. If you want to proceed and you want specific observation put into writing, that would include corrective measures to create a secur home, expect to spend several thousand dollars.

Consider getting earthquake insurance

There are limitations to what homes can qualify for earthquake insurance. Most insurance companies will not issue it to older homes. But if your home was built in the last 50 or so years, it may be eligible. And if it is, it is not that expensive to add as a rider to your home owner’s policy. Look into it.

Consider getting your home retrofitted

Newer homes are built to modern codes and standards that do take earthquakes into consideration. So newer homes are going to be more seismicly sound. However, older homes can be retro-fitted. Strapping the house to the foundation, installing cripple walls in the crawlspace, bolting the mudsills to the foundations: these are just a few of the possible corrective measures to make an older home more seismicly worthy.

Some thoughts

In 1993, Oregon had 3 strong earthquakes. I was awoken from sleep by the “Springbreak Quake”, a 5.6 magnitude quake centered about 25 miles South of Lake Oswego in Scotts Mills. That same year Klamath Falls in Southern Oregon had 5.9 and 6.0 earthquakes. Being awoken from sleep by an earthquake makes you feel like you have been through something quite extraordinary. I can not even imagine the shock and destruction of experiencing an 8.0 or 9.0 quake.

Preparedness is the key. Do some research, think about preparing your family and your home for living through an earthquake.

I have recently read quite a bit that the way to react to an earthquake is to get into what is called “The Triangle of Life”. This involves laying against furniture or large objects so that your body is contained in the triangle created between the top of the object and the floor. According to the Oregon Emergency Management Office this is NOT the best response. They recommend DROP, COVER, and HOLD ON. Get underneath a sturdy object, on your knees and crouching on the floor, tuck your head between your arms, and hold onto the object that is protecting you. Almost all scientific, government, and relief organizations, including the Red Cross, are now recommending this method.

Let’s hope it doesn’t happen. Proper Prior Planning being one of my favority policies, do take earthquakes seriously. For a copy of “Living on Shaky Ground”, click here.

As always, thanks for reading.
Dianne

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Open Houses ~ January 23, 2011

There are 28 beautiful homes being held Open Sunday in Lake Oswego according to RMLS.

Enjoy!

Address L/Price # Beds # Baths Total SF Style Open
86 KINGSGATE RD C-102 $139,500 2 2 924 CONDO 2-4PM
5055 FOOTHILLS DR C $239,000 2 2 1252 CONDO 1-4PM
18148 BELMORE AVE $245,000 3 1 1008 DETACHD 2-3PM
5530 BONITA RD $279,999 3 1.1 1200 DETACHD 1-3PM
53 ORIOLE LN $280,000 3 2.1 2072 DETACHD 12-3PM
7 BLOCH TER $285,000 3 2.1 2062 TWNHSE 2-4PM
15245 BOONES WAY $289,900 3 2.1 1600 TWNHSE 1-2:30PM
446 5TH ST $295,000 2 1.1 1092 TWNHSE 1-3PM
18231 TERRY AVE $325,000 3 2 1764 DETACHD 1-3:30PM
16990 LOWER MEADOWS DR $340,000 3 2.1 2000 DETACHD 1-3PM
1830 CLOVERLEAF RD $373,000 5 2 1795 DETACHD 1:30-3:30PM
4500 GALEWOOD ST $420,000 3 3 2408 DETACHD 1-4PM
18700 WOOD DUCK WAY $429,900 4 2 2158 DETACHD 2:30-4:30PM
762 MAPLE ST $449,000 3 2.1 2417 DETACHD 12-3PM
19319 SW DOGWOOD CT $499,900 4 2.1 3105 DETACHD 12-4PM
19263 MEGLY CT $549,900 5 3 3213 DETACHD 12-4PM
19245 SW MEGLY CT $559,900 5 3 3490 DETACHD 12-4PM
14361 SHERBROOK PL $569,000 3 2.1 2100 DETACHD 1-3PM
13615 KNAUS RD $625,000 2 2 1755 DETACHD 1-3PM
2469 MARYLHAVEN PL $649,000 4 3.2 5582 DETACHD 12-3PM
17884 KELOK RD $695,000 5 3.1 4124 DETACHD 1:30-3:30PM
17896 KELOK RD $695,000 6 5.1 4323 DETACHD 1:30-3:30PM
5320 SOUTHWOOD DR $748,000 4 3 3646 DETACHD 3-5PM
1809 HEADLEE LN $850,000 3 2.1 3836 DETACHD 1-3PM
533 Weidman CT $924,900 4 3.1 4108 DETACHD 2-4PM
3136 DOUGLAS CIR $968,950 4 3.1 4132 DETACHD 1-4PM
17010 Chapin WAY $1,099,900 4 3.1 4032 DETACHD 2-4PM
3515 UPPER DR $1,150,000 4 3.1 4061 DETACHD 1-3PM
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Mortgage and Market Tidbits

  • Local Area Trends- According to the latest RMLS Market Action Report, comparing November 2010 with December 2010, a few interesting facts emerge-  Average Sales Price increased in the Portland Metro area by 2.2%, and Closed Sales increased by 14.3% which is the highest monthly level since June.
  • Rates- There is some indication that this increase was due to interest rate swings which may have persuaded uncertain buyers to take action. After remaining for weeks at historic lows, rates jumped for a short time to over 5%. They have since gone back down again to about 4.75% but the temporary increase may  have  convinced  buyers that low rates won’t be around forever.  According to MBS  Quoteline, the volatility of rates which has surfaced in the first weeks of the new year is of course due to shifting economic factors. Prior to Friday’s Employment report, nearly all the economic data was stronger than expected which impacted mortgage rates negatively.  Rates improved after the employment data though, and ended the week nearly unchanged.
  • Pat Goodell of Academy Mortgage says:

    • The Monthly Inflation reports and Retail Sales reports  were not as strong as hoped so rates have stabilized below 5%.  But all indications are that there will be stronger economic data coming out in the next few months which will impact rates negatively again.  There is no reason to expect that rates will continue to be as low as they currently are and most expectations are that by the 2nd half of the year, they will have increased to over 5% again.

  • Portland Metro’s “Grade” To Improve?- The mortgage insurance companies identify cities according to their “risk” of declining values. One mortgage insurance company just upgraded 18  cities nationwide (and downgraded 3). They made no change to Portland yet but it’s a positive sign that they are seeing stronger values in 18 cities nationwide and one mortgage insurance rep did say he expects to see Portland upgraded in the near future.
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Market Activity for January 10-16, 2011

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

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

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

See below for further details according to RMLS:

NEWLY LISTED (Jan 10-16, 2011)

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

PENDING SALES (Jan 10-16, 2011)

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

SOLD (Jan 10-16, 2011)

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

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

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Open Houses for 12/19/2010

According to the RMLS, there will be 18 open houses in Lake Oswego this Sunday.

Address Type BR Bath Price Open
4057 Jefferson Pkwy Attached 3 2.5 $179,900 1 to 3
4314 Botticelli Attached 2 2.5 $229,000 2 to 3:30
18231 Terry Ave Detached 3 2 $325,000 1 to 3:30
14251 Camden Ln Detached 3 2.5 $380,000 2 to 4
17187 Carlson Ct Detached 4 3 $395,000 12 to 3
775 Boca Ratan Dr Detached 4 3.5 $439,990 1 to 3
326 Lake Bay Ct Detached 3 2 $464,900 1 to 3
19415 SW Dogwood Ct Detached 5 3 $499,900 1 to 4
19319 SW Dogwood Ct Detached 4 2.5 $499,900 1 to 4
1278 Hide A Way Ln Detached 4 2.5 $549,000 1 to 3
17981 Meadowlark Ln Detached 3 2.5 $559,900 11 to 4
19263 Megly Ct Detached 5 3 $559,900 1 to 4
19245 Megly Ct Detached 5 3 $559,900 1 to 4
5511 Fieldstone Ct Detached 4 2.5 $685,000 2:30 to 4:30
5533 Fieldstone Ct Detached 4 2.5 $695,000 2;30 to 4:30
15622 Fieldstone Dr Detached 3 2.5 $725,000 2:30 to 4:30
18209 Siena Dr Detached 5 3.5 $1,058,000 1 to 3
18222 Siena Dr Detached 4 3.5 $1,189,000 1 to 3

Have a great weekend!