Market Activity for April 6th to 12th, 2009

daffodils2It feels like the new listings are coming onto the market in a fairly consistent way with 15 to 20 new listings, not “refreshed” but actually new, each week.  Last week we saw 16 new listings.  There were 4 pending sales and 5 closed listings.  I keep waiting to see evidence of the spring market kicking in.  That would be reflected in an increase in both pending and closed sales.  So far, it remains a bit sluggish.   On the plus side, we have one pending sale at close to $1,000,000.  The remainder of the pending and closed sales continue to favor the more moderately priced homes.  I am also continuing to see that the cumulative days on the market continue to embrace both extremes.  It seems like houses that were over-priced, and that have gradually bitten the bullet to bring the price down to a point where price meets market demand, are selling with very long market times.  The other extreme are the new listings that are able to look at current market conditions, price realistically, and are selling in a very short period of time.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (April 6—April 12, 2009)

Address List Price # Beds # Baths Tot. SF Prop Type List Date
Address List Price # BR # BTHS Total SF Prop Type List Date
4 TOUCHSTONE $93,000 2 2 979 CONDO 4/10/2009
3433 MCNARY PKWY $169,900 2 2 1,008 CONDO 4/8/2009
18055 CENTRAL AVE $299,000 2 2 1,202 DETACHD 4/10/2009
15256 BOONES WAY $339,900 2 2.1 1,600 ATTACHD 4/12/2009
1716 HALLINAN ST $369,500 3 3 1,916 DETACHD 4/10/2009
4105 DOUGLAS WAY $384,900 7 2.1 2,856 DETACHD 4/12/2009
54 AQUINAS ST $499,900 3 2.1 2,802 DETACHD 4/7/2009
6 NORTHVIEW CT $525,000 4 3.1 3,188 DETACHD 4/10/2009
73 TANGLEWOOD DR $539,000 4 3.1 3,576 DETACHD 4/9/2009
1025 C AVE $549,000 3 2 2,261 DETACHD 4/7/2009
2925 ORCHARD HILL PL $549,000 3 2.1 2,418 DETACHD 4/9/2009
4 DA VINCI ST $599,950 5 3 3,100 DETACHD 4/6/2009
13456 PROVINCIAL HILL WAY $639,900 3 2.1 2,771 DETACHD 4/6/2009
18402 ANDUIN TER $699,995 5 3.1 4,302 DETACHD 4/6/2009
18025 SKYLAND CIR $1,425,000 4 3.2 5,379 DETACHD 4/6/2009
616 CABANA LN $2,795,000 5 4 3,800 DETACHD 4/6/2009

PENDING SALES (April 6—April 12, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
PROP TYPE
DOM
Address List Price # BR # BTHS Total SF Prop Type CDOM
3190 DUNCAN DR $259,900 3 2.1 2,401 DETACHD 115
17079 CHERRY CREST AVE $430,000 3 2.1 3,002 DETACHD 154
615 LAKE BAY CT $599,000 3 3 2,542 DETACHD 323
716 MCVEY AVE $959,998 3 2 2,348 DETACHD 805

SOLD (April 6—April 12, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
4640 LOWER DR $189,900 $115,000 2 1.1 1,170 CONDO 572
127 OSWEGO SMT $184,900 $179,595 2 2 1,212 CONDO 0
5063 FOOTHILLS DR $230,000 $225,000 2 2 991 CONDO 8
16 PARTRIDGE LN $418,900 $398,000 3 2.1 2,304 DETACHD 48
731 F AVE $939,000 $605,000 4 2.1 2,668 DETACHD 327

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

Lake Oswego Market Activity – March 30th – April 5th, 2009

blogtreeOk, things are starting to get interesting- Lake Oswego saw 29 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). All told, there were 45 that are either truly new, or have been “freshened” showing as new listings. (Dianne and I will have plenty to see on tour tomorrow!) We had 7 go pending, and 6 that closed, so sales remain steady for now at this rate.

The headlines read: “Mortgage Rates Drop to Record Lows”. According to Bankrate.com, the benchmark 30-year fixed-rate mortgage has dropped 6 basis points to 5.13%. The benchmark 15-year, fixed-rate mortgage fell 7 basis points to 4.73%. Mortgage rate applications are up, and many are taking advantage of the 2009 $8,000. tax credit for first time buyers. (Click here for more info from the NAR.)

We can expect to see these factors start to significantly affect market activity. The rise in the number of new listings appears to indicate renewed confidence along with seasonal upswing, and consistent sales activity likely indicates pent-up demand starting to surface, as you’d expect with the incentives of low rates and plentiful options.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (March 30—April 5, 2009)

Address List Price # Beds # Baths Tot. SF Prop Type List Date
Address List Price # Beds # Baths Tot. SF Prop Type List Date
Address List Price # Beds # Baths Tot. SF Prop Type List Date
47 EAGLE CREST DR $132,900 2 1 932 CONDO 4/2/2009
86 KINGSGATE RD $155,000 2 2 849 CONDO 4/2/2009
86 KINGSGATE RD $159,900 2 2 924 CONDO 4/3/2009
86 KINGSGATE RD $169,000 2 2 849 CONDO 3/31/2009
165 OSWEGO SMT $199,900 2 2 1,383 CONDO 4/3/2009
4230 COLLINS WAY $289,000 3 2 1,512 DETACHD 4/1/2009
4465 GOLDEN LN $299,900 2 2.1 1,980 CONDO 4/2/2009
6025 SW CARMAN DR $299,900 3 1.1 1,346 DETACHD 4/5/2009
18929 TERRY AVE $374,950 4 2 2,065 DETACHD 3/30/2009
19060 INDIAN SPRINGS CIR $399,900 3 2 1,525 DETACHD 4/1/2009
37 BERWICK RD $425,000 5 2 2,198 DETACHD 3/30/2009
13470 PETERS RD $474,900 3 2.1 2,324 ATTACHD 4/1/2009
2650 DELLWOOD DR $499,000 4 3 3,238 DETACHD 4/1/2009
161 C AVE $549,900 2 2.1 1,719 ATTACHD 4/1/2009
6110 CHILDS RD $550,000 4 3 3,258 DETACHD 4/1/2009
400 LAKE BAY CT $579,900 3 2.1 1,680 DETACHD 4/1/2009
2830 PARK RD $625,000 4 3.1 3,116 DETACHD 3/31/2009
2188 OVERLOOK DR $639,900 4 2.1 2,618 DETACHD 3/30/2009
246 GREENWOOD RD $674,900 3 3 2,125 DETACHD 4/1/2009
15671 VILLAGE DR $724,000 3 2.1 3,390 DETACHD 4/2/2009
16616 LAKE FOREST BLVD $750,000 4 2.1 3,314 DETACHD 4/1/2009
15543 VILLAGE DR $799,000 4 2.1 3,081 DETACHD 3/31/2009
17215 LOWENBERG TER $850,000 4 2.1 2,819 DETACHD 4/2/2009
13711 FIELDING RD 789000 – 898876 3 4 4,649 DETACHD 3/30/2009
511 6TH ST $988,000 5 3.1 4,000 DETACHD 4/2/2009
917 Evergreen ST $1,000,000 4 3.1 2,700 DETACHD 3/30/2009
17960 SARAH HILL LN $1,179,000 5 3.1 4,800 DETACHD 4/1/2009
1099 TROON RD $1,250,000 5 3.1 3,938 DETACHD 3/30/2009
13371 ATWATER LN $1,299,900 4 3 4,795 DETACHD 4/5/2009

PENDING SALES (March 30—April 5, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type List Date CDOM
Address List Price # Beds # Baths Tot. SF Prop Type List Date CDOM
3844 BOTTICELLI ST $219,900 2 2 1,132 CONDO 3/31/2009 5
18307 LONGFELLOW AVE $329,900 3 2 1,457 DETACHD 8/23/2008 222
785 5TH ST $399,900 3 2 2,208 DETACHD 11/18/2008 132
13581 GOODALL RD $550,000 3 2 1,220 DETACHD 10/10/2008 575
5772 BAY CREEK DR $574,500 4 3 3,242 DETACHD 2/5/2009 58
12611 BOONES FERRY RD $599,900 5 3.1 4,042 DETACHD 2/17/2009 142
2900 WEMBLEY PARK RD $697,000 4 2.1 3,383 DETACHD 3/31/2009 4
               

SOLD (March 30—April 5, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address Orig Price Sale Price # Beds # Baths Tot. SF Prop Type List Date CDOM
Address O/Price Close Price # Beds # Baths Tot. SF Prop Type CDOM
4 TOUCHSTONE $129,900 $125,000 2 2 979 CONDO 192
4470 CHAPMAN WAY $380,000 $310,000 3 3 2,125 DETACHD 188
2800 WEMBLEY PARK RD $374,500 $342,000 3 2 1,575 DETACHD 10
1228 HALLINAN CIR $389,000 $375,000 4 2 1,932 DETACHD 7
625 CLARA CT $587,500 $542,000 3 2.1 2,532 DETACHD 297
13222 DEERFIELD CT $649,000 $600,000 4 2.1 3,022 DETACHD 331
               
               

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

Lake Oswego Open Houses – Sunday, April 5th 2009

It is supposed to by sunny and near 70 degrees on Sunday. Get out there and have some fun!  If looking at properties is on your agenda, there are 12 to see on Sunday in Lake Oswego.  Enjoy!

Here are those that will be held open according to RMLS:

18791 Indian Creek Way$439,900    3 Bd,   2 Ba       Open 1-3

3311 Fir Ridge Rd           $459,000     3 Bd,   2 1/2 Ba Open 1:30-3:30

41 Hillshire Dr                 $499,000     4 Bd,    3 Ba       Open 1:30-3:30

4691 Chelsea Ln            $619,900     4 Bd,    2 1/2 Ba Open 1-3

5868 Suncreek Dr          $694,000     4 Bd,   2 1/2 Ba   Open 1-3

2900 Wembley Pk Rd     $697,000     4 Bd,   2 1/2 Ba  Open 1-3

2 Grouse Ter   $799,000-$850,000    4 Bd,   3  Ba       Open 2:30-4

3030 Westview Ct         $948,000     4 Bd,   2 1/2  Ba  Open 2:30-4:00

13237 Knaus Rd             $999,000    3 Bd,   3 1/2  Ba  Open 1:30-3:30

3114 Douglas Cir          $1,795,000   4 Bd   4 Ba          Open 1-3

975 Lake Front Rd      $1,899,000     3 Bd,   3 Ba         Open 2:30-4:00

2500 Glen Eagles Rd  $2,695,000      5 Bd,   4 1/2 Ba Open 12:15-3:30

Market Activity for March 23 to 29, 2009

Last week was spring break for the Lake Oswego School District and it kept the market a bit quiet.  15 new listings, 6 pending sales, and 2 closed listings made for a rather slow week.  That being said, once spring break is over, it is traditionally the time of year when the market picks up steam.  The daffodils are in full bloom with tulips and rhododendrons soon to follow.  Houses really look good in the spring and many home owners time selling their homes around the season when their yards show their home at its best.  Both new listings and pending sales should pick up as the weather improves.

Here is your summary of last weeks activity:

NEWLY LISTED (March 23—March 29, 2009)

Address List Price # Beds # Baths Tot. SF Prop Type List Date
7 CRESTFIELD CT $115,000 1 1 689 CONDO 3/28/2009
1033 YATES ST $199,900 4 3.1 2,500 DETACHD 3/26/2009
3433 MCNARY PKWY $199,950 2 2.1 1,208 CONDO 3/27/2009
4041 JEFFERSON PKWY $229,000 1 1.1 1,041 ATTACHD 3/26/2009
4316 BOTTICELLI ST $274,900 3 2.1 2,098 CONDO 3/23/2009
103 KINGSGATE RD $319,000 3 2.1 1,352 DETACHD 3/27/2009
5 PEACOCK PL $330,000 4 2.1 1,760 DETACHD 3/29/2009
3290 WEMBLEY PARK RD $379,000 5 3 2,614 DETACHD 3/23/2009
17311 ASHLEY CT $385,000 4 2.1 2,160 ATTACHD 3/27/2009
18601 WAXWING ST $447,000 4 2 1,908 DETACHD 3/27/2009
1250 PINE ST $499,000 4 3 2,856 DETACHD 3/26/2009
17859 HILLSIDE WAY $539,000 5 3 3,418 DETACHD 3/23/2009
12647 SW 21ST CT $649,900 5 2.1 3,212 DETACHD 3/23/2009
1918 INDIAN TRAIL $1,095,000 3 3 3,094 DETACHD 3/25/2009
3545 RED CEDAR WAY $1,350,000 5 4.5 4,625 DETACHD 3/24/2009

PENDING SALES (March 23—March 29, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
PROP TYPE
DOM
Address List Price # BR # BTHS Total SF Prop Type CDOM
47 EAGLE CREST DR $137,900 2 1 947 CONDO 56
5831 SEVILLE AVE $199,900 4 1 1,320 DETACHD 211
6317 CARMAN DR $219,900 3 1.1 1,344 DETACHD 168
5235 OAKRIDGE RD $304,900 3 2.1 1,576 DETACHD 129
13805 REGENCY CT $399,000 4 2.1 2,045 DETACHD 29
17960 RIDGE LAKE DR $634,900 4 2.1 3,124 DETACHD 271

SOLD (March 23—March 29, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
4 TOUCHSTONE DR $194,900 $153,000 3 2.1 1,351 CONDO 45
16840 ALDER CIR $1,749,000 $1,555,000 4 2.1 3,563 DETACHD 249

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

Market Activity Update – March 16 – 22, 2009

Lake Oswego saw 15 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days).  We had 8 go pending, and 9 that closed.

This is a great time to buy! (no smoke here : )  Rates are great, new & intriguing loan programs are popping up all over the place, and houses appear to be finally jiving with the “reality meter” for Buyers. 

Feel free to call or email anytime.  We love hearing from our local and out-of-state readers, and enjoy meeting you and getting you settled in Lake Oswego!

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (March 16—March 22, 2009)

Address List Price # Beds # Baths Tot. SF Prop Type List Date
100 KERR PKWY $132,500 2 1.1 823 CONDO 3/16/2009
15868 PARKER RD $187,500 2 1 780 DETACHD 3/17/2009
11 OSWEGO SMT $194,900 2 2 1,212 CONDO 3/16/2009
45 EAGLE CREST DR $210,000 2 2 1,046 CONDO 3/21/2009
12844 BOONES FERRY RD $257,000 2 2.1 1,398 CONDO 3/16/2009
2 SUMMIT RIDGE CT $354,900 2 2.1 1,750 ATTACHD 3/18/2009
5214 LOWER DR $459,900 4 2.1 2,904 DETACHD 3/19/2009
12735 Alto Park RD $495,000 3 2 1,685 DETACHD 3/20/2009
17860 Sundown CT $499,900 4 3.1 3,480 DETACHD 3/20/2009
1866 KILKENNY DR $511,100 4 3.1 3,600 DETACHD 3/19/2009
15535 VILLAGE DR $799,000 5 3 3,421 DETACHD 3/21/2009
17212 CHAPIN WAY $850,000 3 2.1 2,541 DETACHD 3/17/2009
2 GROUSE TER $989,000 4 3 4,446 DETACHD 3/17/2009
1149 LAKESHORE RD $1,295,000 4 2.1 2,606 DETACHD 3/20/2009
1005 COUNTRY CLUB RD $1,999,000 5 4 5,000 DETACHD 3/18/2009

PENDING SALES (March 16—March 22, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type List Date CDOM
4 TOUCHSTONE DR $137,500 3 2.1 1,351 CONDO 1/26/2009 52
15570 WALUGA DR $325,000 3 3 1,577 DETACHD 3/21/2009 265
16 PARTRIDGE LN $398,000 3 2.1 2,304 DETACHD 1/30/2009 48
1043 HALLINAN ST $399,900 4 2.1 2,484 DETACHD 9/3/2008 196
13222 DEERFIELD CT $649,000 4 2.1 3,022 DETACHD 1/22/2009 331
14133 AMBERWOOD CIR 750000 – 800000 4 2.1 3,200 DETACHD 6/12/2008 278
1667 VILLAGE PARK LN $899,900 6 3.1 4,743 DETACHD 2/18/2009 279
1961 SUMMIT DR $915,000 3 2.1 3,218 DETACHD 6/21/2008 268

SOLD (March 2—March 8, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address Orig Price Sale Price # Beds # Baths Tot. SF Prop Type List Date CDOM
6291 HARRINGTON AVE $249,900 $239,900 3 2 1,472 DETACHD 1/6/2009 10
4070 WESTBAY RD $350,000 $279,000 1 1 1,828 DETACHD 7/15/2008 0
17304 MARJORIE AVE $333,000 $317,125 3 1.1 1,340 DETACHD 2/3/2009 16
4 OTHELLO ST $434,900 $390,000 4 3 2,184 DETACHD 11/5/2008 111
1480 HEMLOCK ST $488,850 $410,000 4 3 2,246 DETACHD 3/24/2008 305
221 HIDALGO ST $419,500 $420,000 3 2.1 2,628 DETACHD 2/16/2009 13
178 PINE VALLEY RD $475,000 $455,000 5 3.1 2,999 DETACHD 2/12/2009 6
17454 CANAL (boat esmnt) CIR $789,900 $545,900 4 3 2,275 DETACHD 4/19/2008 261
1670 PINE ST $679,987 $579,900 4 3.1 3,286 DETACHD 11/5/2008 110

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

Lake Oswego Open Houses – Sunday, March 22, 2009

There are 15 properties to see on Sunday in Lake Oswego.  Enjoy!

Here are those that will be held open according to RMLS:

45 Oswego Summit         $139,900     1 Bd,    1 Ba       Open 1-3

47 Eagle Crest Dr #12    $139,900     2 Bd,    1 Ba      Open 1-4

11 Oswego Summit         $194,900     2 Bd,    2 Ba     Open 1-3

750 1st St  #23              $197,500     2 Bd,    2 Ba       Open 2-4

166 Oswego Summit      $229,900     2 Bd,    2  Ba      Open 1-3

197 Oswego Summit      $264,197      2 Bd,    2  Ba     Open 1-3

5096 SW Tree St            $334,900      3 Bd,    1 1/2 Ba   Open 2-5

5785 SW Carman Dr       $364,800    3 Bd,    1 1/2  Ba  Open 1-3

5675 Childs Rd               $419,000     2 Bd, 2 1/2  Ba  Open 1-4

1462 Worthington St     $424,000      4 Bd,     3 Ba        Open 3-5

1009 Cumberland Pl      $469,000      4 Bd,     3 Ba      Open 1-4

3254 Duncan Dr             $575,000      4 Bd   3 1/2 Ba Open 2-4

17950 Ridge Lake Dr    $634,900        4 Bd   2 1/2 Ba  Open 12-2

18051 Kelok Rd             $899,000        5 Bd  3 1/2 Ba  Open 3:30-5:30     

17282 Lake Haven Dr  $1,349,950      4 Bd   2 1/2 Ba  Open 1-3

Market Activity for March 9-15, 2009

Last week in Lake Oswego there were 16 new listings, 8 houses that went pending, and 2 closed sales.  A trend I have been watching appears to be continuing.  When I look at Days on the Market, it seems like houses are either selling very quickly or very slowly.  3 of the 7 pending sales went into escrow in a week or less of market time. 3 more sold within about 2 months.  The last two had extended market time of 236 and 426 days.  Of the closed sales, one sold in 4 days and one sold in 243 days.  I think this is reflective of changing attitudes of sellers.  People who listed their homes in late 2007 and early 2008 are being stubborn about accepting the decline in values that has occured and are either sitting on high prices or dropping prices in such away that they are behind the market trends.  Whereas sellers listing today, who are listening to their Realtor and pricing their homes at values that will meet market conditions, are realizing quick sales at or near their asking prices.   Buyers are smart.  They are watching the market and recognizing value when they see it.  Correct pricing is King.

NEWLY LISTED (March 9—March 15, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price # BR # BTHS Total SF Prop Type List Date
4 TOUCHSTONE $159,900 3 2.1 1,350 ATTACHD 3/11/2009
4000 CARMAN DR $184,500 2 2 1,100 CONDO 3/9/2009
166 OSWEGO SMT $229,900 2 2 1,506 CONDO 3/13/2009
668 MCVEY AVE $260,000 3 1.1 985 CONDO 3/12/2009
140 TOUCHSTONE CT $339,900 3 2.1 1,964 ATTACHD 3/12/2009
4366 WOODSIDE CIR $349,000 3 2 1,762 ATTACHD 3/12/2009
16890 CORTEZ CT $349,000 4 3 2,016 DETACHD 3/13/2009
4420 GOLDEN LN $349,000 3 3.1 2,165 ATTACHD 3/10/2009
5402 CARMAN DR 369900 3 1 1,720 DETACHD 3/9/2009
45 TANGLEWOOD DR 399999 5 3.1 3,166 DETACHD 3/12/2009
1462 Worthington ST 424000 4 3 1,800 DETACHD 3/9/2009
2961 DELLWOOD DR 525000 3 3 2,476 DETACHD 3/14/2009
2550 SOUTHSHORE BLVD 550000 4 3.1 3,472 DETACHD 3/11/2009
1699 VILLAGE PARK LN 675000 3 2.2 2,936 DETACHD 3/9/2009
115 BERWICK RD 998000 4 3.1 4,000 DETACHD 3/13/2009
356 9TH ST 1199000 3 3.1 3,647 DETACHD 3/10/2009

PENDING SALES (March 9—March 15, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
PROP TYPE
DOM
Address List Price # BR # BTHS Total SF Prop Type CDOM
4 TOUCHSTONE $76,500 3 2.1 1,351 CONDO 7
127 OSWEGO SMT $184,900 2 2 1,212 CONDO 0
5487 TUALATA CT $259,000 3 2 1,200 DETACHD 236
790 BOCA RATAN DR $259,900 3 2 2,112 DETACHD 35
1140 HALLINAN CT $339,895 3 2 1,875 DETACHD 3
845 LAKE FOREST DR $399,000 3 1.1 1,359 DETACHD 68
662 9 th ST $975,000 5 3.1 4,108 DETACHD 63
14066 Goodall RD $1,629,000 4 3.1 4,220 DETACHD 426

SOLD (March 9—March 15, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM

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Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
16978 CANAL CIR $350,000 $350,000 3 2 1,962 DETACHD 4
22 HOTSPUR ST $799,000 $627,325 6 3.1 4,259 DETACHD 243

Criteria: Statistics given above are obtained from the Realtor’s Multiple Listing Service by searching condos, attached homes, manufactured homes and detached homes in the 97034 and the 97035 zip codes. DOM means Days on the Market and CDOM means Cumulative Days on the Market.

Market Activity Update – March 2nd – 8th, 2009

Lake Oswego saw 13 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). There were actually 27 properties showing “new” on RMLS in Lake Oswego and as you can see, only 13 of them were truly new listings. We had 3 go pending, and 4 that closed.

There are all told, 300 residential properties for sale in Lake Owego on RMLS right now ranging from $76,500. to $19,500,000.

Now that we are into Daylight Savings Time, and are seeing the first hints that Spring is on the way, market activity typically begins to increase.  There are many reasons for this, but the beautiful flowering of trees and gardens we’ll see shortly, teasers of sunny stretches (that make us think it is Summer already!), and of course the perception of longer days are not to be underestimated… I call these “human factors”.  But then, all home buying and selling is based on human factors. Speaking of which…  Is there a change you have been wanting to make in your life through buying and/or selling a home?  If so, we would of course be happy to serve you in making your dreams a reality.  Feel free to call or email anytime…  We love hearing from our local and out-of-state readers, and enjoy meeting you and getting you settled in Lake Oswego!

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (March 2—March 8, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price # Beds # Baths Tot. SF Prop Type List Date
44 EAGLE CREST DR $124,950 1 1 798 CONDO 3/4/2009
86 KINGSGATE RD $161,000 2 2 840 CONDO 3/2/2009
48 EAGLE CREST DR $208,000 2 2 1,489 CONDO 3/8/2009
197 OSWEGO SMT $264,197 2 2 1,383 CONDO 3/3/2009
605 Ash ST $279,900 3 2 1,528 DETACHD 3/4/2009
2001 BONNIEBRAE DR $299,000 3 2.1 1,819 ATTACHD 3/2/2009
1140 HALLINAN CT $339,895 3 2 1,875 DETACHD 3/8/2009
5785 SW CARMAN DR $364,800 3 1.1 1,934 DETACHD 3/4/2009
907 BULLOCK ST $369,950 4 2 2,020 DETACHD 3/4/2009
5675 CHILDS RD $419,000 2 2.1 1,644 DETACHD 3/5/2009
2838 GREENTREE RD $429,950 4 2.1 1,781 DETACHD 3/3/2009
550 MIDDLECREST RD $749,900 3 2.1 2,240 DETACHD 3/4/2009
100 3RD ST $2,495,000 3 3.1 3,600 DETACHD 3/2/2009

PENDING SALES (March 2—March 8, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type CDOM
5063 FOOTHILLS DR $230,000 2 2 991 CONDO 8
3190 DUNCAN DR $289,900 3 2.1 2,401 DETACHD 80
1265 ROCKINGHORSE LN $444,000 4 3 2,402 DETACHD 237

SOLD (March 2—March 8, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Tot. SF Prop Type CDOM
136 OSWEGO SMT $142,000 $140,000 1 1 764 CONDO 10
3433 MCNARY PARKWAY $189,900 $167,000 2 2.1 1,208 CONDO 105
95 KINGSGATE RD $325,000 $314,500 3 2.1 1,669 DETACHD 51
353 ASH ST $409,900 $409,000 3 3.1 2,765 DETACHD 96

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

Lake Oswego Open Houses – Sunday March 8th, 2009

There are 11 properties to see on Sunday in Lake Oswego.  Enjoy!

Here are those that will be held open according to RMLS:

44 Eagle Crest Dr             $129,900     1 Bd,    1 Ba       Open 1-3

3311 Fir Ridge Rd             $459,000     3 Bd,    2 1/2 Ba Open 1-3

3 Cellini Ct                        $465,000     4 Bd,   2  1/2 Ba Open 12-3

624 Livingood Ln              $559,000     4 Bd,    3 Ba       Open 1:30- 3:30

3254 Duncan Dr               $575,000     4 Bd,    3 1/2  Ba Open 2-4

17960 Ridge Lake Dr       $634,900      4 Bd,    2 1/2  Ba Open 1-3

13222  Deerfield Ct         $649,000      4 Bd,    2 1/2 Ba   Open 1-3

5267 Lakeview Blvd         $750,000     4 Bd,    3 1/2  Ba  Open 11-1

14133 Amberwood Cir $750,000-800,000  4 Bd, 2 1/2  Ba  Open 1-4

14067 Goodall Rd        $1,149,000      4 Bd,     3 1/2 Ba    Open 12-4

100 Garibaldi               $1,199,000      5 Bd,   3 & 2 1/2 Ba  Open 2-4

Market Activity for February 23-March 1, 2009

Linda and I work very hard to have our weekly market activity reports posted on Mondays. Yesterday was full of computer challenges and created a delay. So you are getting the report on Tuesday. Thanks for your patience.

Lake Oswego had 16 New Listings, 9 Pending Sales, and 9 Closed Sales:

NEWLY LISTED (February 23—March 1, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price #BR # BTHS Total SF Prop Type List Date
5063 FOOTHILLS DR $230,000 2 2 991 CONDO 2/23/2009
15010 TWIN FIR RD $294,900 8 4 3,526 DETACHD 2/25/2009
13805 REGENCY CT $419,000 4 2.1 2,045 DETACHD 2/27/2009
16026 PARKER RD $425,000 3 1 1,670 DETACHD 3/1/2009
3311 FIR RIDGE RD $459,000 3 2.1 2,112 DETACHD 2/25/2009
20 NORTHVIEW CT $499,999 3 3.1 2,827 ATTACHD 2/26/2009
2084 RIDGEWOOD RD $519,900 3 2.1 2,117 DETACHD 2/28/2009
12836 SIERRA VISTA DR $529,000 3 2.1 2,166 DETACHD 2/26/2009
3140 ROSEMARY LN 619000 4 2.1 3,000 DETACHD 2/27/2009
17675 CARDINAL DR 699000 3 3 3,458 DETACHD 2/23/2009
17751 MARYLCREEK DR 719000 4 3 3,505 DETACHD 2/23/2009
5868 SUNCREEK DR 749900 4 2.1 3,174 DETACHD 2/23/2009
4114 CASEY CT 949000 4 2.1 3,405 DETACHD 2/27/2009
1176 TROON RD 985000 3 2 3,022 DETACHD 2/23/2009
3203 Southshore BLVD 1299900 4 3.1 3,773 DETACHD 2/23/2009
17147 OLD RIVER DR 2795000 5 4.2 5,961 DETACHD 2/25/2009

PENDING SALES (February 23—March 1, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price #BR #BTHS Total SF Prop Type CDOM
4640 LOWER DR $115,000 2 1.1 1,170 CONDO 572
4 TOUCHSTONE DR $159,500 3 2.1 1,351 CONDO 45
2800 WEMBLEY PARK RD $374,500 3 2 1,575 DETACHD 10
1228 HALLINAN CIR $389,000 4 2 1,932 DETACHD 7
4 OTHELLO ST $399,900 4 3 2,184 DETACHD 111
221 HIDALGO ST $419,500 3 2.1 2,628 DETACHD 54
16919 LAKERIDGE DR $449,900 5 3 2,710 DETACHD 189
762 3RD ST $650,000 3 2.1 2,710 DETACHD 198
1670 PINE ST 679987 4 3.1 3,286 DETACHD 565

SOLD (February 23—March 1, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price #BR #BTHS Total SF Prop Type CDOM
44 EAGLE CREST DR $114,950 $114,950 1 1 798 CONDO 7
86 KINGSGATE RD $145,000 $145,000 2 2 938 CONDO 31
15848 PARKER RD $187,500 $177,000 3 2 1,318 DETACHD 17
1400 PARRISH ST $299,999 $290,000 3 2.1 1,880 CONDO 143
6067 CLAIRMONT CT $529,000 $510,000 4 2.1 2,344 DETACHD 11
5624 SOUTHWOOD DR $740,000 $525,000 4 3 3,120 DETACHD 514
5299 WESTFIELD CT $799,900 $555,000 3 2.1 2,865 DETACHD 156
17561 SHEPHERDS CT $765,900 $589,000 4 2.1 3,011 DETACHD 347
5406 LANGFORD LN 795000 795000 3 2.1 3,341 DETACHD 0

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.