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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 numbers show robust activity in Portland and the Lake Oswego/West Linn areas for May.

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

  • At 2,483, May Closed Sales rose 15.9% from April’s 2,143, but were down 7.4% from 2,682 in May 2013.
  • There were 4,192 New Listings in May... 15.5% higherer than April’s 3,629, and also up 9.4% from May 2013 when there were 3,833.
  • The Average Sale Price in May was $335,300, up $2,700. from April’s $332,600.
  • May Pending Sales (accepted offers) were up 5.8% from April to 2,989, and/but just up .4% from May 2013.

The combined areas of Lake Oswego and West Linn  for May reported:

    • 515 Active Listings
    • 256 New Listings
    • 161 Pending Sales
    • 139 Closed Sales
    • An average Sale Price of $532,100.
    • Average Time on the Market: 74 Days
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Market Activity ~ June 2-8, 2014

Very strong Activity. The Realtors and Inspectors are busy. Note the Pending totals.

Here is your Latest Market Data: Last week in Lake Oswego we saw 19 New properties enter the market, 35 move to Pending status, and 15 “Closed”/Sold. Following is the breakdown according to RMLS:

NEW on Mkt (June 2-8, 2014)

Address List Price # Beds # Baths Total SF Prop Type
15938 QUARRY RD #B5 $144,500 2 1 996 CONDO
5225 JEAN RD #506 $159,900 2 2 1100 CONDO
4047 JEFFERSON PKWY $172,500 3 2.1 1228 CONDO
3956 CARMAN DR $199,900 2 2.1 1107 ATTACHD
16200 Pacific HWY #21 $269,000 2 2 1190 CONDO
6360 MCEWAN RD $275,500 3 1.1 1450 DETACHD
5950 HARRINGTON AVE $298,000 3 1 960 DETACHD
17460 SCHALIT WAY $417,500 4 3 2190 DETACHD
550 2ND ST $419,995 2 1.2 1558 CONDO
3351 FIR RIDGE RD $435,000 3 2 1770 DETACHD
28 WESTRIDGE DR $449,900 3 2.1 2580 DETACHD
2 MORNINGVIEW CIR $489,000 3 2.1 2954 DETACHD
14318 MEADOW GRASS ST $495,000 3 2.1 2326 DETACHD
16901 LAKERIDGE DR $545,000 4 3 2080 DETACHD
1282 HIDE A WAY LN $560,000 5 3 3300 DETACHD
14480 KRUSE OAKS BLVD $999,800 4 3.1 4661 DETACHD
17680 WOODHURST DR $1,095,000 5 3.1 5478 DETACHD
14050 Goodall RD $1,699,000 5 4.2 6834 DETACHD
1210 CHANDLER RD $3,195,000 4 5.2 7668 DETACHD

PENDING SALES (June 2-8, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
206 RIDGEWAY RD $149,000 1 1 778 CONDO 1
45 EAGLE CREST DR $155,000 2 1.1 1308 CONDO 3
5054 FOOTHILLS DR #C $239,000 3 2 1252 CONDO 245
53 GREENRIDGE CT $260,000 3 2 1646 ATTACHD 24
12731 19TH AVE $349,900 3 2 2020 DETACHD 75
1044 OBRIEN ST $387,500 3 2 1902 DETACHD 9
4411 LAKEVIEW BLVD $395,000 3 2 1828 DETACHD 6
16 POLONIUS ST $419,000 3 2.1 2588 DETACHD 48
2660 LOOKOUT CT $469,000 4 3 2565 DETACHD 90
15443 MEADOWLARK CT $469,000 3 2 1872 DETACHD 1
17095 REBECCA LN $469,900 4 3 2379 DETACHD 82
12 MOZARTEUM CT $495,000 4 2.1 2915 DETACHD 10
2388 OVERLOOK DR $499,977 4 3 2765 DETACHD 65
18 MORNINGVIEW CIR $540,000 3 2.1 2931 DETACHD 64
4728 LAKEVIEW BLVD $574,900 5 3.1 2838 DETACHD
15644 FIELDSTONE DR $575,000 3 2.1 2588 DETACHD 56
201 RIDGEWAY RD $589,000 2 1 2327 DETACHD 86
4582 HASTINGS PL $599,900 4 2.1 2640 DETACHD 5
2478 MARYLVIEW CT $619,000 4 3 3526 DETACHD 2
577 LAUREL ST $629,900 4 3.1 2747 DETACHD 45
18283 LOTHLORIEN WAY $639,500 4 3 3015 DETACHD 16
117 FURNACE ST $659,000 2 2.1 1885 CONDO 45
14246 KIMBERLY CIR $669,000 4 2.1 3520 DETACHD 1
13437 PROVINCIAL HILL WY $675,000 4 2.1 2864 DETACHD 8
13300 FOX RUN $699,900 4 2.1 4484 DETACHD 60
5626 GRAND OAKS DR $715,500 4 3.1 3387 DETACHD 15
16757 FORD PL $725,000 4 3 3150 DETACHD 62
3766 RIVERS EDGE DR $729,900 3 3 3404 DETACHD 13
2560 BREE CT $738,000 5 3.1 3788 DETACHD 23
2671 GLEN EAGLES RD $850,000 3 3 4019 DETACHD 24
3900 CANAL RD $897,950 4 3.1 3759 DETACHD 40
4311 UPPER DR $947,500 5 3.1 5051 DETACHD 87
17342 RIDGEVIEW CT $1,250,000 4 3.1 4240 DETACHD 294
17353 CANAL CIR $1,395,000 5 4 3329 DETACHD 336
263 NORTHSHORE RD $1,598,000 5 3 3684 DETACHD 88

SOLD (June 2-8, 2014)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
225 CERVANTES $135,000 $139,000 2 1.1 1216 CONDO 2
4 TOUCHSTONE #69 $163,500 $162,500 3 2.1 1351 CONDO 28
5059 FOOTHILLS DR #105 $185,000 $182,500 2 2 991 CONDO 0
5213 ROSEWOOD ST $379,900 $374,900 3 2.1 1934 DETACHD 76
16775 WESTVIEW DR $375,000 $380,000 3 2.1 1830 DETACHD 56
15201 CANDLEWOOD CT $450,000 $405,000 3 3 2755 DETACHD 406
1831 KILKENNY DR $449,500 $445,000 5 3 2597 DETACHD 34
14920 TWIN FIR RD $739,000 $475,000 3 1.1 1530 DETACHD 284
1 BRITTEN CT $499,900 $499,000 4 3 2327 DETACHD 51
4264 WESTBAY RD $549,000 $549,900 3 2 1308 DETACHD 16
13528 TWIN CREEK LN $689,900 $665,000 4 3.1 3171 DETACHD 88
832 HOODVIEW LN $750,000 $760,000 4 2 2462 DETACHD 16
6011 CLAIRMONT CT $775,000 $775,000 4 2.1 2969 DETACHD 0
3727 UPPER DR $1,000,000 $965,000 3 3.1 4731 DETACHD 74
705 TERRACE DR $1,795,000 $1,700,000 4 3.1 3686 DETACHD 397

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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Tips and Tidbits

HandyHomeHome Repairs – When a house is in the middle of a transaction, does the Seller need to utilize licensed, bonded contractors to effect repairs that have been agreed upon? Yes! (Gold Star : ) Why? Well… there are several reasons- 1) It’s Oregon State Law when you’re in the middle of a real estate transaction. 2) It may state so in the Addendum you all signed (I always put it in there to make sure everyone is clear) or it is embedded in the current OREF Buyers Repair Addendum. 3) It just makes sense… for the Buyer and the Seller. Why? Well:
* Buyers: Licensed, bonded contractors typically know what they’re doing. We assume that’s how they got licensed and bonded. True, you can have someone who is not licensed and bonded do minor repairs in theory, and maybe come out OK, but what if someone, say, believes that really “pressure-washing” a roof is how to get moss off (too much pressure will, I’m told, wash the crystals off the roof tiles that actually cause them to be effective…), or thinks it’s OK to pour concrete directly up against the wood structure or siding of the house (it’s not OK: How Not To ) or thinks they know enough to do the “minor” wiring called for in the Addendum ummm…(safety first… common sense…).
So. if you’re the Buyer, and work was done that you realize was not done well AFTER you’ve already moved in (This is not good, by the way…you should always do a walk-through prior to close. But occasionally unsafe or shoddy work will not be noticeable till later), you can at least call the contractor up and address that with them and have a leg to stand on if they are licensed and bonded.
* Sellers: In light of what I mention above, wouldn’t you rather have had a licensed, bonded contractor perform repairs on your transaction? Its not about relinquishing responsibility for making sure repairs are done properly, but rather about making sure the contractors you choose can actually back it up, and take responsibility themselves for the work they’ve done.

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Market Activity ~ May 19 – 25, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 28 New properties enter the market, 23 move to Pending status, and 19 “Closed”/Sold. Following is the breakdown according to RMLS:

NEW on Mkt (May 19-25, 2014)

Address List Price # Beds # Baths Total SF Prop Type
16250 PACIFIC HWY #47 $195,900 2 1 1305 CONDO
210 S STATE ST #7 $265,000 2 2 1284 CONDO
1720 BONNIEBRAE DR $287,500 2 2 1611 ATTACHD
6138 SW KENNY ST $319,000 3 1.1 1190 DETACHD
18275 TERRY CT $319,000 3 1.1 1270 DETACHD
5100 UPPER DR $374,000 2 1 956 DETACHD
139 DEL PRADO ST $429,000 4 2 2967 DETACHD
3777 DIVISION CT $440,000 3 2 1700 DETACHD
2822 ORCHARD HILL PL $469,900 3 2.1 2806 DETACHD
4900 UPPER DR $549,000 3 2 2468 DETACHD
2251 HILLSIDE DR $598,000 4 3 3467 DETACHD
16158 INVERURIE RD $614,900 3 2.1 2744 DETACHD
19201 MEGAN PL $665,000 4 2.1 2971 DETACHD
17303 GRANDVIEW CT $675,000 4 3.1 3661 DETACHD
4105 WOOD HILL CT $675,000 4 3 3154 DETACHD
827 5TH ST $689,000 3 2 2124 DETACHD
5955 SUNBROOK DR $699,999 4 3 3110 DETACHD
5626 GRAND OAKS DR $715,500 4 3.1 3387 DETACHD
3766 RIVERS EDGE DR $729,900 3 3 3404 DETACHD
4076 ORCHARD DR $759,000 4 3.1 3991 DETACHD
15578 VILLAGE DR $889,000 3 2.1 3630 DETACHD
17410 UPPER CHERRY LN $898,000 4 3.2 4586 DETACHD
16161 PARELIUS CIR $899,900 4 2.1 4018 DETACHD
2065 RIDGE POINTE DR $965,000 6 4 4790 DETACHD
16809 QUAIL CT $1,000,000 5 3.1 4425 DETACHD
17643 KELOK RD $1,198,000 4 2.1 2390 DETACHD
18225 RIVER EDGE CT $1,725,000 6 4.3 6568 DETACHD
13710 KNAUS RD $1,995,000 4 4.2 5780 DETACHD

PENDING SALES (May 19-25, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
52 OSWEGO SMT $63,500 1 1 700 CONDO 434
4 TOUCHSTONE #104 $128,000 3 2.1 1351 CONDO 50
86 KINGSGATE RD #B103 $136,500 2 2 924 CONDO 55
4948 CHILDS RD $279,000 3 1 1480 DETACHD 9
2803 ORCHARD HILL PL $369,900 3 2.1 1749 DETACHD 5
5675 CHILDS RD $374,950 2 2.5 1663 DETACHD 4
15115 TWIN FIR RD $409,900 3 2 1392 DETACHD 110
13134 VERMEER DR $412,000 3 2.1 1972 DETACHD 4
2762 VALE CT $419,500 3 2.1 2709 DETACHD 59
257 C AVE $449,000 4 2 1600 DETACHD 23
5498 YORKSHIRE PL $462,000 3 2 1911 DETACHD 68
1551 WOODLAND TER $468,000 4 2 2712 DETACHD 40
13378 PETERS RD $485,000 3 2.2 2355 DETACHD 279
4639 BLACK FOREST CT $499,000 4 2.1 2197 DETACHD 21
103 GARIBALDI ST $499,000 4 3.1 4000 DETACHD 930
15644 FIELDSTONE DR $575,000 3 2.1 2588 DETACHD 39
1132 TROON RD $585,000 3 2.1 1585 DETACHD 23
14250 AMBERWOOD CIR $650,000 4 2.1 2577 DETACHD 21
220 GREENWOOD RD $670,000 4 4 2742 DETACHD 20
5152 LAKEVIEW BLVD $795,000 4 2.1 3414 DETACHD 0
17353 CANAL CIR $1,395,000 5 4 3329 DETACHD 328
163 IRON MOUNTAIN BLVD $1,429,000 4 3.1 4314 DETACHD 103
705 TERRACE DR $1,795,000 4 3.1 3686 DETACHD 397

SOLD (May 19-25, 2014)

Address Open Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #87 $123,000 $118,000 2 2 984 CONDO 20
5225 Jean RD #404 $198,988 $187,300 3 2 1500 CONDO 7
1531 CEDAR ST $199,900 $250,000 2 1 832 DETACHD 6
12844 BOONES FERRY RD $274,900 $275,900 2 2.1 1152 CONDO 5
490 BOCA RATAN DR $279,900 $285,000 3 2 1887 DETACHD 419
2286 SW Wembley Park RD $319,900 $330,000 3 2 1300 DETACHD 8
19244 BENFIELD AVE $326,000 $347,000 3 2 1202 DETACHD 2
4490 LAKEVIEW BLVD $349,900 $355,000 3 2 1727 DETACHD 2
1115 OAK TER $400,000 $390,000 4 2.1 1880 DETACHD 0
3020 Brookside RD $499,000 $469,075 4 2 1926 DETACHD 110
4546 AUBURN LN $500,000 $472,500 3 3.1 2732 ATTACHD 22
3541 RED CEDAR WAY $539,000 $510,000 4 3 1964 DETACHD 152
5 ABELARD ST $529,000 $519,000 5 3 4660 DETACHD 16
2445 PARK RD $549,500 $530,000 5 3 3228 DETACHD 46
5523 ROYAL OAKS DR $549,000 $543,500 3 3 1871 DETACHD 0
2865 PARK RD $568,000 $582,000 4 2.1 3031 DETACHD 7
5746 CHARLES CIR $599,900 $605,000 4 2.1 2737 DETACHD 2
14559 PFEIFER WAY $698,950 $700,000 4 2.1 3356 DETACHD 3
2167 WEMBLEY PARK RD $1,199,000 $981,888 4 3.1 4015 DETACHD 34

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

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 numbers are in, and in the month of April 2014 in the Portland area is still going strong! Closed Sales, though only up slightly, were the best since 2007. According to the RMLS Market Action Report for the Portland Metro Area  April, 2014:

  • At 2,143, April Closed Sales rose 15.4% from March’s 1,857, and were up .8% from 2,125 in April 2013.
  • There were 3,629 New Listings in April... 17.4% higherer than March’s 3,090, and also up .2% from April 2013.
  • The Average Sale Price in April was $332,600, up $4,500. from March’s $328,100.
  • April Pending Sales (accepted offers) were up 11.5% from March at 2,825, and/but dropped 4.0% from April 2013.

The combined areas of Lake Oswego and West Linn  for April reported:

    • 450 Active Listings
    • 211 New Listings
    • 56 Pending Sales
    • 108 Closed Sales
    • An average Sale Price of $565,400.
    • Average Time on the Market: 86 Days
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Market Activity~May 5-11, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 22 New properties enter the market, 32 move to Pending status, and 12 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (May 5-11, 2014)

Address List Price # Beds # Baths Total SF Prop Type
3988 CARMAN DR $174,900 2 2.1 1098 CONDO
73 CONDOLEA WAY #73 $299,000 2 2 2131 CONDO
136 KINGSGATE RD $345,000 3 2.1 1570 DETACHD
66 WHEATHERSTONE $359,000 4 3.1 2465 ATTACHD
4470 CHAPMAN WAY $389,900 3 3 4250 DETACHD
4711 REMBRANDT LN $399,900 3 2.1 2050 DETACHD
18491 WAXWING CIR $435,000 4 2.1 1934 DETACHD
1731 HIGHLAND DR $473,900 4 2 2636 DETACHD
708 SUNNY HILL DR $495,000 3 2 1977 DETACHD
4867 SAGE HEN WAY $532,500 4 2.1 2523 DETACHD
4713 AMHERST CT (TWNHSE) $589,000 3 2.1 2980 ATTACHD
1286 LARCH ST $600,000 4 2.1 2410 DETACHD
4973 HARTFORD PL $649,900 5 3.1 3672 DETACHD
1585 PATTON RD $650,000 4 3 3167 DETACHD
5904 BAY POINT DR $729,750 4 2.1 3433 DETACHD
17911 HILLSIDE DR $749,900 4 3 3635 DETACHD
14183 TAYLORS CREST LN $749,999 4 2.1 3624 DETACHD
13529 STREAMSIDE DR $799,000 6 4.1 5415 DETACHD
15470 BOONES WAY $897,000 3 2.1 3515 ATTACHD
17230 FERNWOOD DR $898,000 5 4 4046 DETACHD
4333 HAVEN ST $999,900 5 4 3652 DETACHD
3411 LAKE GROVE AVE $1,098,000 4 3.1 4434 DETACHD

PENDING SALES (May 5-11, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
225 CERVANTES (Grnd) $135,000 2 1.1 1216 CONDO 2
46 CERVANTES CIR (Grnd) $150,000 2 1.1 912 CONDO 6
3884 BOTTICELLI ST #34 $165,000 2 1.1 1132 CONDO 52
4465 GOLDEN LN $229,900 2 2.1 1996 ATTACHD 39
490 BOCA RATAN DR $280,000 3 2 1887 DETACHD 419
16231 PARKER RD $289,000 4 1 1549 DETACHD 3
13 SAINT HELENS CIR $324,900 3 2.1 2022 DETACHD 76
4296 Sunset DR $359,000 3 2.1 1680 DETACHD 2
14074 SUNDELEAF DR $369,900 4 2.1 1760 DETACHD 7
1290 HIDE A WAY LN $400,000 4 3 2530 DETACHD 1
4677 OAKRIDGE RD $424,900 3 2.1 1738 ATTACHD 3
1831 KILKENNY DR $449,500 5 3 2597 DETACHD 34
12 PARTRIDGE LN $450,000 4 2.1 3309 DETACHD 152
29 DEL PRADO ST $459,900 4 2 2972 DETACHD 14
4908 HASTINGS DR $477,000 3 2.1 2096 DETACHD 47
3300 SOUTHSHORE BLVD $479,000 2 2.2 1162 DETACHD 297
14920 TWIN FIR RD $495,000 3 1.1 1530 DETACHD 284
4360 WESTBAY RD $498,000 4 3 2636 DETACHD 120
54 AQUINAS ST $509,900 4 2.1 2632 DETACHD 4
13152 VERMEER DR $525,000 3 2.1 2092 DETACHD 13
18060 CARDINAL DR $529,900 3 3.1 2547 DETACHD 20
885 LAKE FOREST DR $579,000 4 3 2186 DETACHD 186
4303 SUNDEW CT $599,000 4 2.1 3355 DETACHD 21
5767 SUNCREEK DR $679,000 4 3 3363 DETACHD 15
3 CREEKSIDE TER $699,000 4 3.1 4355 DETACHD 108
3109 DOUGLAS CIR $1,475,000 5 4.2 4880 DETACHD 7
1745 SOUTHSHORE BLVD $1,750,000 4 4.1 5545 DETACHD 785
2675 GLEN EAGLES RD $1,895,000 5 5 5609 DETACHD 291
980 EVERGREEN RD $2,195,000 5 5.2 5644 DETACHD 11
2926 LAKEVIEW BLVD $2,195,000 4 4.1 4902 DETACHD 290
3232 LAKEVIEW BLVD $2,590,000 5 5 7000 DETACHD 1113
3214 LAKEVIEW BLVD $3,990,000 4 5 5800 DETACHD 1119

SOLD (May 5-11, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4626 LOWER DR $99,000 $93,000 2 2 1260 CONDO 15
3433 MCNARY PKWY #206 $132,000 $126,000 2 2 1008 CONDO 162
1694 BONNIEBRAE DR $169,900 $170,000 2 1 864 CONDO 1
6397 MCEWAN RD $295,000 $284,000 3 2 1008 DETACHD 199
5559 ROYAL OAKS DR $468,950 $463,800 4 2.1 2105 DETACHD 10
1571 WOODLAND TER $479,000 $470,000 3 2 2400 DETACHD 164
2440 OVERLOOK DR $549,900 $519,500 4 3 3876 DETACHD 19
19524 RIVER RUN DR $638,950 $595,000 4 2.1 2630 DETACHD 271
18059 WESTMINSTER DR $645,000 $645,000 4 2.1 3214 DETACHD 2
18103 WESTMINSTER DR $699,900 $650,000 4 2.1 3344 DETACHD 241
2390 PALISADES CREST DR $900,000 $892,000 4 4 4823 DETACHD 21
13636 Goodall RD #Lot 2 $1,349,000 $1,399,000 4 4.1 4380 DETACHD 329

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 ~ Apr 21-27, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 21 New properties enter the market, 17 move to Pending status, and 17 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (Apr 21-27, 2014)

Address List Price # Beds # Baths Total SF Prop Type
370 CERVANTES CIR $133,000 2 1 832 CONDO
109 OSWEGO SMT #109 $149,900 2 2 1212 CONDO
1728 BOCA RATAN DR $275,000 3 2 1393 ATTACHD
16 POLONIUS ST $434,900 3 2.1 2588 DETACHD
14584 WILMOT WAY $439,000 4 2.1 1939 DETACHD
29 DEL PRADO ST $459,900 4 2 2972 DETACHD
9 JUAREZ ST $499,000 3 3.1 2823 DETACHD
13152 VERMEER DR $525,000 3 2.1 2092 DETACHD
33 MORNINGVIEW CIR $550,000 3 2.1 2737 DETACHD
5657 GRAND OAKS DR $579,900 3 2.1 2783 DETACHD
577 LAUREL ST $629,900 4 3.1 2747 DETACHD
531 LAUREL ST $629,900 4 3.1 2771 DETACHD
117 FURNACE ST $659,000 2 2.1 1885 CONDO
18717 PILKINGTON RD $674,900 4 2.1 2684 DETACHD
1876 PALISADES LAKE CT $697,900 3 2.1 3178 DETACHD
435 8TH ST $759,000 3 3.1 2394 DETACHD
4393 SUNDEW CT $784,900 4 2.1 4881 DETACHD
3 MOUNTAIN VIEW LN $839,900 5 3.2 3672 DETACHD
3900 CANAL RD $938,950 4 3.1 3759 DETACHD
980 EVERGREEN RD $2,195,000 5 5.2 5644 DETACHD
14733 UPLANDS DR $2,295,000 6 5.2 7088 DETACHD

PENDING SALES (Apr 21-27, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #87 $123,000 2 2 984 CONDO 20
195 OSWEGO SUMMIT $179,900 2 2 1506 CONDO 314
16775 WESTVIEW DR $375,000 3 2.1 1830 DETACHD 56
5213 ROSEWOOD ST $379,900 3 2.1 1934 DETACHD 76
342 5TH ST $399,000 2 1 872 DETACHD 5
17151 CAMPUS WAY $419,000 4 2 2418 DETACHD 14
5063 GREENSBOROUGH CT $425,000 3 2.1 1647 DETACHD 2
3801 OLSON CT $469,900 5 3 3014 DETACHD 5
3102 DUNCAN DR $499,000 4 3.1 3910 DETACHD 22
4546 AUBURN LN $499,900 3 3.1 2732 ATTACHD 22
2401 GLEN HAVEN RD $535,000 4 3 2779 DETACHD 15
16126 INVERURIE RD $579,000 4 2.1 2492 DETACHD 15
14385 PFEIFER DR $749,000 4 3.1 3891 DETACHD 5
13515 STREAMSIDE DR $749,900 5 4.1 4357 DETACHD 264
5112 WOODCREST LN $789,900 4 4.1 3340 DETACHD 27
3727 UPPER DR $965,000 3 3.1 4731 DETACHD 74
1793 ATHERTON DR $1,350,000 4 5 6500 DETACHD 327

SOLD (Apr 21-27, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
1501 BOCA RATAN DR $284,900 $292,000 3 2.1 1739 ATTACHD 2
4185 CHILDS RD $319,900 $298,000 3 1.1 1175 DETACHD 196
639 2ND ST $380,000 $340,000 2 2 1457 ATTACHD 27
1880 KILKENNY DR $415,000 $380,000 4 3 2778 DETACHD 140
27 ORIOLE LN $387,000 $395,000 4 2.1 1851 DETACHD 2
7 DEL PRADO ST $445,000 $465,000 4 3 2232 DETACHD 4
312 2ND ST $480,000 $475,000 3 3.1 1938 ATTACHD 9
18020 JENIFERS WAY $589,800 $600,000 4 2.1 2966 DETACHD 619
4720 LAKEVIEW BLVD $649,000 $634,500 4 3.1 2939 DETACHD
17479 BROOKHURST DR $675,000 $655,000 4 2.1 3552 DETACHD 64
13276 DEERFIELD CT $749,000 $710,000 4 2.1 3066 DETACHD 123
140 FURNACE ST $799,000 $750,000 3 3.1 3633 DETACHD 10
620 9TH ST $899,000 $899,000 3 3.1 2780 DETACHD 2
316 RIDGEWAY RD $1,225,000 $1,150,000 4 3 3877 DETACHD 29
931 Atwater RD $1,479,000 $1,500,000 4 4.1 4764 DETACHD
1098 CHANDLER RD $2,145,000 $2,145,000 4 3.1 3696 DETACHD 10
3690 LAKEVIEW BLVD $3,950,000 $3,500,000 5 5.1 6366 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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Open Houses ~ Easter & Passover 2014

Eater 2014Easter is Here!  Dianne and I hope that you are enjoying some relaxation time with Loved Ones. We will be basking in the Oregon Sunshine and doing some relaxing ourselves. May this holiday signal a Newness in Your Life in some way that you have been wishing for.

Happy Easter & Passover!

Dianne and Linda

Oh… and there is one home being held Open according to RMLS : )

Address L/Price # Beds # Baths Total SF Prop Cat OPEN
1273 WELLS ST $789,000 4 3 4091 DETACHD 1-4 PM
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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 numbers are in, and in the month of March 2014 in the Portland area is still showing upward momentum!

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

  • At 1,857, March Closed Sales ware up 26.6% from February’s 1,467, and/but 4% lower than March 2013.
  • There were 3,090 New Listings in March… 31.3% higherer than February’s 2.354, and also up 2.9% from last March 2013.
  • The Average Sale Price in March was $328,100, up $2,600. from February’s $325,500.
  • March Pending Sales (accepted offers) were up 37.1% from February, and/but down 3.6% from March 2013.

The combined areas of Lake Oswego and West Linn  for March reported:

    • 430 Active Listings
    • 201 New Listings
    • 146 Pending Sales
    • 109 Closed Sales
    • An average Sale Price of $519,900.
    • Average Time on the Market: 110 Days
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Market Activity~Apr 7-13, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 22 New properties enter the market, 19 move to Pending status, and 11 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (Apr 7-13, 2014)

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #15 $99,900 1 1 798 CONDO
5052 FOOTHILLS DR #E $249,900 2 2 1252 CONDO
23 BLOCH TER $269,000 2 2 1394 ATTACHD
39 GREENRIDGE CT $270,000 3 1.1 1664 ATTACHD
1878 MAPLELEAF RD $330,000 3 1.1 1347 DETACHD
1402 PARRISH ST $382,000 3 2.1 1863 ATTACHD
17151 CAMPUS WAY $419,000 4 2 2418 DETACHD
1551 WOODLAND TER $468,000 4 2 2712 DETACHD
32 NORTHVIEW CT $475,000 4 3.1 2903 ATTACHD
318 2ND ST $499,900 3 3.1 2098 ATTACHD
2401 GLEN HAVEN RD $535,000 4 3 2779 DETACHD
18893 INDIAN SPRINGS CIR $549,888 4 3 2841 DETACHD
15644 FIELDSTONE DR $575,000 3 2.1 2588 DETACHD
16126 INVERURIE RD $579,000 4 2.1 2492 DETACHD
14559 PFEIFER WAY $698,950 4 2.1 3356 DETACHD
697 LAKE BAY CT $699,900 2 2 2145 DETACHD
13300 FOX RUN $800,000 4 2.1 4484 DETACHD
18106 Pilkington RD $874,900 4 4.1 3575 DETACHD
16672 FIR LN $960,000 4 4.1 4179 DETACHD
1136 WESTWARD HO RD $1,190,000 3 2.1 3344 DETACHD
16645 Graef CIR $1,295,000 4 3.2 3076 DETACHD
1135 LAKE FRONT RD $2,395,000 4 4 4245 DETACHD

PENDING SALES (Apr 7-13, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
44 EAGLE CREST DR #41 $123,900 2 1 908 CONDO 252
1796 BONNIEBRAE DR $319,900 3 2.1 1782 ATTACHD 17
16227 KIMBALL ST $329,950 4 2.1 1572 DETACHD 80
16041 WALUGA DR $349,900 4 2 1982 DETACHD 5
19244 BENFIELD AVE $350,000 3 2 1202 DETACHD 2
2823 ORCHARD HILL PL $375,000 3 2.1 2288 DETACHD 19
1880 KILKENNY DR $400,000 4 3 2778 DETACHD 140
17200 WARREN CT $424,000 4 2.1 2241 DETACHD 54
1831 KILKENNY DR $449,500 5 3 2597 DETACHD 10
641 8TH ST $449,950 4 2 2319 DETACHD 15
5650 LANGFORD LN $469,000 3 3 1837 DETACHD 3
1571 WOODLAND TER $479,000 3 2 2400 DETACHD 164
4747 UPPER DR $500,000 3 1 2046 DETACHD 7
5300 SW DAWN AVE $524,500 4 3 2544 DETACHD 72
880 WOODWAY CT $525,000 4 3 3478 DETACHD 73
5608 GRAND OAKS DR $629,000 5 3 3147 DETACHD 3
18112 WESTMINSTER DR $700,000 5 4 4391 DETACHD 164
12967 ROGERS RD $775,000 5 3.1 3945 DETACHD 0
18025 Skyland CIR $1,199,000 4 4.2 5379 DETACHD 228

SOLD (Apr 7-13, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3696 SPRING LN #3B $141,700 $135,000 2 2 1117 CONDO 53
200 BURNHAM RD #406 $214,500 $200,000 2 1 1199 CONDO 26
575 HEMLOCK ST $335,000 $340,000 3 2 1175 DETACHD 2
61 S CONDOLEA TER #Grnd $395,000 $380,000 3 2.1 2373 CONDO 23
18555 EDGEWOOD CT $419,000 $431,000 3 2.1 2380 DETACHD 2
13057 SIERRA VISTA DR $489,000 $469,000 4 2.1 2510 DETACHD 53
628 LAKE BAY CT $639,000 $539,000 3 2 1729 DETACHD 292
4038 BASS LN $559,900 $542,000 4 3 2816 DETACHD 132
19364 RIVER RUN DR $679,000 $605,000 5 3.1 3010 DETACHD 245
13310 ATWATER LN $1,450,000 $1,249,000 5 4 5697 DETACHD 300
1345 CHERRY LN $1,295,000 $1,295,000 5 3.1 5259 DETACHD 235

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