Market Activity Update – February 16 – 22, 2009

Lake Oswego saw 16 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 7 go pending, and 4 that closed.

As in my last Market Activity Report on Feb. 9th, we’ve got a good mix of properties that have been on the market for quite awhile selling and going to Pending status, as well as a good number that have been on the market a relatively short period of time.  For what it’s worth, my interpretation of this is that prices are coming in line with consumer demand, i.e., homes that have been on the market awhile are at prices agreeable to buyers, and newer listings are starting out at prices that are more in line with buyer expectations.  That said, we can’t really see what the Pending sale prices will be until they actually close. So…   stay tuned to the Blotter for that info as it becomes available.

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

NEWLY LISTED (February 16—February 22, 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 $135,900 1 1 798 CONDO 2/20/2009
1615 HALLINAN ST $285,000 3 1.1 1,500 DETACHD 2/17/2009
18543 LONGFELLOW AVE $339,900 3 1.1 1,279 DETACHD 2/16/2009
2800 WEMBLEY PARK RD $374,500 3 2 1,575 DETACHD 2/17/2009
1228 HALLINAN CIR $389,000 4 2 1,932 DETACHD 2/19/2009
200 BURNHAM RD $399,000 3 2 1,960 CONDO 2/18/2009
19210 MAREE CT $415,000 3 2.1 1,634 DETACHD 2/17/2009
221 HIDALGO ST $419,500 3 2.1 2,628 DETACHD 2/16/2009
131 WILBUR ST $450,000 2 2 1,312 DETACHD 2/22/2009
905 COUNTRY CLUB RD 399000 – 458876 3 2.1 2,817 DETACHD 2/19/2009
18055 CENTRAL AVE $495,000 3 1 1,202 DETACHD 2/17/2009
8 WALKING WOODS DR $519,900 4 3 3,402 DETACHD 2/17/2009
497 ASH ST $598,800 6 3 3,840 DETACHD 2/18/2009
4605 CHELSEA LN $752,000 4 2.1 3,411 DETACHD 2/17/2009
1065 LUND ST $869,000 5 3.1 4,584 DETACHD 2/17/2009
17540 RIDGEVIEW LN $1,285,000 4 3.1 4,345 DETACHD 2/19/2009

PENDING SALES (February 16—February 22, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type List Date CDOM
17304 MARJORIE AVE $333,000 3 1.1 1,340 DETACHD 2/3/2009 16
178 PINE VALLEY RD $475,000 5 3.1 2,999 DETACHD 2/12/2009 6
964 COUNTRY COMMONS LN $499,000 3 2.1 2,065 DETACHD 1/23/2009 27
4676 WINTHROP CT $557,750 4 2.1 3,112 DETACHD 11/18/2008 172
625 CLARA CT $587,500 3 2.1 2,532 DETACHD 9/4/2008 297
731 F AVE $624,900 4 2.1 2,668 DETACHD 1/16/2009 327
17860 CRESTLINE DR $2,795,000 4 5.2 6,810 DETACHD 10/21/2008 485

SOLD (February 16—February 22, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # Beds Tot. Baths Tot. SF Prop Type List Date CDOM
3 THE GROTTO $300,000 $292,000 3 2 1,688 DETACHD 11/5/2008 274
4451 BERNARD ST $349,950 $330,000 3 2 1,800 DETACHD 10/29/2008 190
4 BRITTEN CT $429,000 $399,000 3 2.1 1,972 ATTACHD 11/4/2008 74
4280 CHAPMAN WAY $469,000 $441,000 3 2 1,947 DETACHD 12/15/2008 105

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.

Open Houses – Sunday, February 22, 2009

There are 18 properties to see on Sunday in Lake Oswego.  Enjoy!

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

5487 Tualata Ct  $264,900-$279,876  3 Bd,    2 Ba         Open 1-4

19251 Indian Creek Ave $335,000     4 Bd,    2 Ba          Open 1-4

18543 Longfellow Av      $339,900      3 Bd,    1  1/2 Ba Open 2-4

1685 Mapleleaf Rd          $365,000      3 Bd,    2 Ba          Open 1- 4

2800 Wembley Park Rd $374,500        3 Bd,   2  Ba         Open 1-3

1260 Larch St                 $399,000      3 Bd,    2 1/2  Ba  Open 2-4

221 Hidalgo St                $419,500      3 Bd,    2 1/2 Ba   Open 1-3

1265 Rockinghorse Ln   $444,000      4 Bd,    3  Ba          Open 1-3

111 3rd St                      $459,900       2 Bd,    2  Ba         Open 1-4

17083 Fernwood Dr       $525,000      5 Bd,     3 Ba         Open 2-4

21 Condolea Dr              $579,000      3 Bd,   2 1/2 Ba    Open 1-3

17960 Ridge Lake Dr     $669,000      4 Bd,   2 1/2 Ba    Open 1-3

15713 Tara Pl                 $699,000   4 Bd,      2  1/2   Ba          Open 12-2

15422 Boones Way        $879,000   4 Bd,  2  1/2 Ba       Open 1-4

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

18106 Pilkington Rd  $1,095,000   4 Bd,   3  1/2 Ba     Open 12-2

5250 Dawn Ave            $1,095,900    4 Bd,   3 1/2 Ba     Open 1-3

15905 Oswego Shore Ct  $1,590,000  4 Bd,  3  1/2 Ba     Open 1-3

Market Activity for February 9-15, 2009

Last week’s activity was slow, to put it mildly. There were 9 genuine new listings: meaning that they were not previously listed either by another Realtor or at a higher price. There were 4 houses that went pending, and zero closed sales. Probably the most interesting thing I observed is that of the pending sales, 3 out of the 4 sold in 35 days or less. I checked the market history on all of them and these sales really did happen that quickly. So there is a place where market demand meets current economic conditions and properties sell. I also think that buyers who are in the market are watching the inventory and jumping on the good deals. On the flip side is the 4th pending sale. It took 574 days to receive an accepted offer. It was originally listed for $1,199,000 and finally priced dropped, after such a long market time, to $689,000 in order to get it gone.

NEWLY LISTED (February 9, 2009 – February 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
92 GALEN ST $119,500 1 1 689 CONDO 2/13/2009
45 EAGLE CREST DR $119,900 1 1 600 CONDO 2/15/2009
11 CRESTFIELD CT $149,000 1 1 650 CONDO 2/13/2009
5051 FOOTHILLS DR $249,999 2 2 991 ATTACHD 2/9/2009
1960 MAPLELEAF RD $325,000 3 2 1,210 DETACHD 2/9/2009
178 PINE VALLEY RD $475,000 5 3.1 2,999 DETACHD 2/12/2009
17196 KELOK RD $750,000 3 2.1 2,500 DETACHD 2/13/2009
2400 DELLWOOD DR $899,000 4 3 3,180 DETACHD 2/10/2009
17590 KELOK RD 1749000 5 4 5,000 DETACHD 2/9/2009

PENDING SALES (February 9, 2009 – February 15, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
4 TOUCHSTONE DR $114,000 2 2 984 CONDO 35
750 1ST ST $196,500 2 2 1,350 CONDO 34
16978 CANAL CIR $350,000 3 2 1,962 DETACHD 4
4155 CANAL RD $689,000 4 2.1 3,736 DETACHD 574

There were no closed sales the week of February 9-15, 2009.

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold

Market Activity Report – February 2-8, 2009

Lake Oswego saw 14 new properties hit the market last week.  We had 6 go pending, and 5 that closed.  Looks like some steady activity is continuing.

I think it’s interesting to note that some of the older inventory is moving, and some of the newer inventory is moving rather quickly, relatively speaking, as evidenced by 3 pending sales that had been on the market for over 8 months, and one other achieving pending status in just 7 days!  The other two were on the market for less than 3 months before getting to pending status.  As for sold/closed properties- one of the 5 had been on the market for over 11 months prior to sale, but we had one sell in about 2 weeks, and 2 that had been on the market for 5 &  a just a little over 5 months.

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

NEWLY LISTED (February 2—February 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
45 OSWEGO Summit $139,900 1 1 764 CONDO 2/2/2009
3882 BOTTICELLI ST $224,900 3 2 1,224 ATTACHD 2/3/2009
204 CERVANTES CIR $259,000 3 1.1 1,138 CONDO 2/3/2009
790 BOCA RATAN DR $269,900 3 2 2,112 DETACHD 2/6/2009
17304 MARJORIE AVE $333,000 3 1.1 1,340 DETACHD 2/3/2009
1685 MAPLELEAF RD $365,000 3 2 1,433 DETACHD 2/2/2009
1299 HIDE A WAY LN $425,000 3 2 1,893 DETACHD 2/8/2009
1510 FERNWOOD DR $595,000 5 3 3,291 DETACHD 2/4/2009
2957 GLEN EAGLES RD 599000 4 3 3,288 DETACHD 2/3/2009
5772 BAY CREEK DR 599000 4 3 3,242 DETACHD 2/5/2009
17879 HILLSIDE DR 674900 3 3 3,049 DETACHD 2/5/2009
1991 COUNTRY CLUB RD 879000 4 4 3,414 DETACHD 2/6/2009
17460 Wren CT 1495000 4 3.1 3,300 DETACHD 2/8/2009
4313 WESTBAY RD 2775000 4 3.1 4,000 DETACHD 2/2/2009

PENDING SALES (February 2—February 8, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type List Date CDOM
44 EAGLE CREST DR $114,950 1 1 798 CONDO 1/29/2009 7
95 KINGSGATE RD $310,000 3 2.1 1,669 DETACHD 12/14/2008 51
5291 CHINOOK CT $375,000 7 3 2,331 DETACHD 12/8/2008 286
4761 LAMONT WAY $390,000 3 2 1,816 DETACHD 11/13/2008 83
1555 BAY VIEW LN $995,000 4 4.1 4,775 DETACHD 1/19/2009 277
13200 THOMA RD $1,995,000 5 5.2 7,648 DETACHD 11/4/2008 504

SOLD (February 2—February 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 List Date CDOM
3668 SPRING LN $199,900 $164,400 2 2 1,120 CONDO 1/6/2009 16
4206 WOODSIDE CIR $284,900 $284,900 2 2 1,799 ATTACHD 8/3/2008 151
1640 WORTHINGTON ST $359,900 $335,500 4 3 2,342 DETACHD 10/28/2008 66
5079 W SUNSET DR $458,650 $365,000 2 2.1 1,760 ATTACHD 7/25/2008 336
13217 FOX RUN $610,000 $508,200 4 3 2,706 DETACHD 6/23/2008 160

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.

Open Houses for Sunday, Feb. 8, 2009

Ok… no weather predictions from me this time! …Although I hear it’s supposed to be dry & partly cloudy/sunny till the late afternoon on Sunday… Ok, I couldn’t help myself.

There are 25 properties on the Open House list for Sunday. Nearly all of them are detached single family residences.  SW 62nd Ave. is a Portland address with Lake Oswego Schools designation.

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

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

13561 SW 62nd Ave         $294,900   3 Bd,  1  1/2 Ba   Open 10-11:30

4458 Thunder Vista Ln      $319,000    3 Bd,  2  1/2 Ba  Open 12-3

820 McVey Ave                  $335,000   3 Bd,   1  1/2 Ba   Open 1- 3

14371 Holly Springs Rd   $414,900     4 Bd,   2  1/2 Ba  Open 2-4

1651 Larch St                  $429,000     4 Bd,        3  Ba   Open 1-3

15  Masaryk St                 $429,900    4 Bd,        3 Ba    Open 12-3

14431 Orchard Springs Rd$439,900 3 Bd,   2 1/2 Ba    Open 2-4

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

14498 Camden Ln            $469,900   4 Bd,   2 1/2 Ba    Open 12-3

5807 Ridgetop Ct             $539,900   5 Bd,   2 1/2 Ba    Open 1-4

624 Livingood Ln              $574,900   3 Bd,         3 Ba     Open 1-3

3254 Duncan Dr               $599,900   4 Bd,    3  1/2 Ba    Open 2-4

17706 Marylbrook Dr        $685,000   3 Bd,  2  1/2 Ba      Open 1-4

15713 Tara Pl                   $729,000   4 Bd    2  1/2  Ba    Open 12-2

15195 Lily Bay Ct              $875,000   4 Bd,   2  1/2 Ba     Open 1-4

18051 Kelok Rd                 $899,000    5 Bd,   3 1/2 Ba     Open 1-4

3030 Westview Ct            $984,500   3 Bd,  2  1/2 Ba     Open 12:30-1:45

1619 Bay View Ln             $959,000   5 Bd,    3  1/2 Ba   Open 1-3

3600 Southshore Blvd      $999,000   3 Bd,  2  1/2 Ba     Open 2:30-4:30

943 SW Atwater Rd         $1,150,000   4 Bd,   2  1/2 Ba   Open 1-4

16359 Chapin Way          $1,398,000    4 Bd,   3 1/2 Ba  Open 1-4

15905 Oswego Shore Ct $1,590,000   4 Bd,  3  1/2 Ba   Open 1-3

1799 SW Atherton Dr       $1,595,000    5 Bd,   5 1/2 Ba  Open 2-4

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

Market Activity for January 26 thru February 1, 2009

Last week’s market activity appears to be falling in line with the painfully slow, but still happening, increase in real estate activity that normally occurs in late January and early February. There were 16 new listings, 5 pending sales, and 3 closed sales.

NEWLY LISTED (January 26, 2009 – February 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
44 EAGLE CREST DR $114,950 1 1 798 CONDO 1/29/2009
4 TOUCHSTONE DR $141,750 3 2.1 1,351 CONDO 1/26/2009
205 CERVANTES $164,900 2 2.1 1,216 CONDO 1/27/2009
16651 LAKE FOREST BLVD $287,900 2 1 1,230 DETACHD 1/27/2009
1684 BOCA RATAN DR $314,900 3 2 1,611 ATTACHD 1/30/2009
16 PARTRIDGE LN $418,900 3 2.1 2,304 DETACHD 1/30/2009
668 MCVEY AVE $460,000 3 1.1 992 CONDO 1/28/2009
340 8TH ST $575,000 3 2 1,992 DETACHD 1/26/2009
5535 BAY CREEK DR 580000 4 2.1 2,328 DETACHD 1/29/2009
4941 HASTINGS DR 589000 4 2.1 2,530 DETACHD 1/29/2009
17154 LOWENBERG TER 849900 5 3.1 3,350 DETACHD 1/29/2009
17281 LOWENBERG TER 849900 4 3.1 3,035 DETACHD 1/29/2009
17110 LOWENBERG TER 850000 4 2.1 2,678 DETACHD 1/26/2009
645 COUNTRY CLUB RD 899000 4 2.1 3,262 DETACHD 1/26/2009
17364 RIDGEVIEW CT 1425000 4 3.1 4,436 DETACHD 1/30/2009
112 NORTHSHORE CIR 2850000 4 4.2 3,558 DETACHD 1/26/2009

PENDING SALES (January 26, 2009 – February 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
3433 MCNARY PARKWAY $184,500 2 2.1 1,208 CONDO 105
2071 BONNIEBRAE DR $314,995 3 2 1,611 ATTACHD 226
353 ASH ST $409,900 3 3.1 2,765 DETACHD 434
12974 KNAUS RD $450,000 3 3.1 3,792 DETACHD 131
5441 DENTON DR $599,000 3 2.1 3,331 DETACHD 242

SOLD (January 26, 2009 – February 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
1120 HALLINAN CIR $365,000 $332,000 3 2 1,600 DETACHD 153
5254 TIMBERGROVE ST $399,500 $365,000 4 2 1,854 DETACHD 87
17845 HILLSIDE WAY $628,500 $560,000 5 3 2,820 DETACHD 263

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

Open Houses for the weekend of 1/31-2/1

This being Superbowl Sunday, the list of open houses is fairly short. However, if you are not a football fan, getting out and touring some homes may be just the diversion you are looking for.

On Saturday, January 31st, there are two houses promoted to be open on the RMLS:
17960 Ridge Lake Dr, $669,000, 4 BR, 2.5 BTHS, open 12-2
15713 Tara Place, $729,000, 4 BR, 2.5 BTHS, open 1-3

On Sunday, February 1st, there are four houses promoted to be open on the RMLS:
86 Kingsgate Rd, $169,900, 2 BR, 2 BTHS, open 1-2:30
1650 Fircrest Dr, $399,000, 4 BR, 3 BTHS, open 1-3
745 4th St, $579,000, 3 BR, 2 BTHS, open 12-2
13222 Deerfield Ct, $649,000, 4 BR, 2.5 BTHS, open 1-3

Have a great weekend!

Market Activity Report – January 19-25, 2009

News today indicates a “Surprise to the Upside” in US housing sales.

Check it out: http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/us-home-sales-surprise-to-the-upside-2009012676338/

Here in Lake Oswego we have a total of 20 properties newly on the market as of this last week, and 7 pending sale as of the same week. I culled any property listed as “new” that had not been off the market for at least 30 days, and many of those categorized as such below are brand new listings.

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

NEWLY LISTED (January 19—January 25, 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
26 CRESTFIELD CT $172,700 2 2 995 CONDO 1/23/2009
13880 SUNDELEAF DR $234,500 2 1 976 DETACHD 1/23/2009
666 9th ST $425,000 2 1 1,850 DETACHD 1/23/2009
14431 ORCHARD SPRINGS RD $439,900 3 2.1 1,960 CONDO 1/23/2009
3 CELLINI CT $465,000 4 2.1 2,531 DETACHD 1/19/2009
39 SPINOSA $479,900 3 2.1 2,069 DETACHD 1/21/2009
627 1ST ST $499,000 2 2 2,090 DETACHD 1/25/2009
2360 GREENTREE RD $499,995 3 2.1 2,207 DETACHD 1/21/2009
14 NORTHVIEW CT $537,500 4 3.1 3,279 ATTACHD 1/22/2009
3745 TEMPEST DR $547,500 4 3 2,834 DETACHD 1/21/2009
14412 MEADOW GRASS ST $575,000 4 2.1 3,563 DETACHD 1/19/2009
554 5TH ST $759,000 3 3.1 2,166 ATTACHD 1/19/2009
556 5TH ST $759,000 3 3.1 2,166 ATTACHD 1/19/2009
15847 SPRINGBROOK CT $938,000 3 3 2,705 DETACHD 1/19/2009
730 KENOLA CT $1,085,000 4 3.1 4,319 DETACHD 1/19/2009
2326 Oswego Glen CT $1,495,000 4 4 4,178 DETACHD 1/20/2009
15905 OSWEGO SHORE CT $1,590,000 4 4 3,869 DETACHD 1/19/2009
1098 CHANDLER RD $2,195,000 4 3.1 3,696 DETACHD 1/21/2009
18414 RIVER WOODS PL $2,999,000 4 4.2 6,498 DETACHD 1/23/2009
17110 LOWENBERG TER $850,000 4 2.1 2,678 DETACHD 1/22/2009

PENDING SALES (January 19—January 25, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price # Beds # Baths Total SF Prop Type List Date CDOM
4 TOUCHSTONE DR $114,000 2 2 984 CONDO 1/10/2009 11
3668 SPRING LN $199,900 2 2 1,120 CONDO 1/6/2009 16
1400 PARRISH ST $297,500 3 2.1 1,880 CONDO 9/1/2008 143
4672 WINTHROP CT $399,900 3 2 1,680 DETACHD 9/30/2008 114
1480 HEMLOCK ST $428,850 4 3 2,246 DETACHD 3/24/2008 305
6067 CLAIRMONT CT $529,000 4 2.1 2,344 DETACHD 1/12/2009 11
17561 SHEPHERDS CT $675,000 4 2.1 3,011 DETACHD 5/15/2008 347

SOLD (January 19—January 25, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Total SF Prop Type List Date CDOM
13915 SUNDELEAF DR $998,000 $895,000 4 3.1 4,090 DETACHD 10/1/2008 797

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.

Market Activity for January 12-18, 2009

Here is your market activity report for last week. There are 17 new listings, 9 pending sales, and 2 closed sales. When I did my search for new listings the report originally contained over 50 properties, which seemed way high to me. So I explored the market history on each of them and found that only 17 were truly new listings and all of the rest were old listings that were pulled and then re-listed with new RMLS numbers to “refresh” them. It’s a common practice to stimulate sales activity. However, I think it is helpful to see what is a actually a new listing versus this marketing technique. I can not promise that time will always permit me to take this extra step, but when I can, I will. I was also pleased to see 9 pending sales, which is a bit of a gain over what we were seeing in the holidays.

NEWLY LISTED (January 12, 2009 – January 18, 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
57 GALEN ST $129,500 1 1 689 CONDO 1/17/2009
136 OSWEGO SMT $142,000 1 1 764 CONDO 1/15/2009
4 TOUCHSTONE DR $194,900 3 2.1 1,351 CONDO 1/13/2009
545 HEMLOCK ST $339,900 3 1.1 984 DETACHD 1/12/2009
3 SAINT HELENS CIR $359,000 2 2 1,472 DETACHD 1/12/2009
1234 MAPLE ST $379,000 3 2 1,947 DETACHD 1/14/2009
1052 YATES ST $389,900 3 1.1 1,286 DETACHD 1/12/2009
14498 CAMDEN LN $469,900 4 2.1 1,918 DETACHD 1/15/2009
6067 CLAIRMONT CT 529000 4 2.1 2,344 DETACHD 1/12/2009
1862 KILKENNY DR 549900 3 2.1 2,485 DETACHD 1/15/2009
827 5TH ST 550000 3 2 2,124 DETACHD 1/16/2009
745 4TH ST 579000 3 2 2,662 DETACHD 1/12/2009
4116 ORCHARD WAY 683950 5 3.1 4,078 DETACHD 1/16/2009
15713 TARA PL 729000 4 2.1 3,442 DETACHD 1/17/2009
13601 GOODALL RD 875000 3 1.1 2,662 DETACHD 1/14/2009
17404 BERGIS FARM DR 1297000 5 4.1 5,394 DETACHD 1/17/2009
13770 CAMEO CT 2298000 4 5.1 6,929 DETACHD 1/14/2009

PENDING SALES (January 12, 2009 – Janaury 18, 2009, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price #BR #BTHS Total SF Prop Type CDOM
5225 JEAN RD $189,875 2 2 1,100 CONDO 168
6291 HARRINGTON AVE $249,900 3 2 1,472 DETACHD 99
4451 BERNARD ST $349,950 3 2 1,800 DETACHD 190
5079 W SUNSET DR $379,950 2 2.1 1,760 ATTACHD 336
18971 INDIAN SPRINGS CIR $399,950 3 2 1,525 DETACHD 9
4 BRITTEN CT $429,000 3 2.1 1,972 ATTACHD 74
1265 ROCKINGHORSE LN $444,000 4 3 2,402 DETACHD 189
5364 LANGFORD LN $715,950 3 2.1 3,022 DETACHD 258
14270 EDENBERRY DR 749900 4 2.1 2,935 DETACHD 104

SOLD (January 12, 2009 – January 18, 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
7050 CHILDS RD $498,000 $385,000 2 2 1,693 DETACHD 573
2584 PARK RD $679,000 $480,000 4 2 2,302 DETACHD 279

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

Market Activity Report- January 5 – 11, 2009

Activity is picking up as evidenced by the number of new listings below. However, I’ll caution that roughly half of these are “freshened” listings, and though I like to pick through them and only display the truly “new”, scheduling did not allow me to do that for you today.

Your Realtor can answer any questions regarding a property’s history, and I’d be happy to advise you on that as well should you not have your own resource, and find something of interest below.  Suffice it to say though, that the new year is providing inspiration to home sellers, and this is fairly common every year.

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

NEWLY LISTED (January 5 – 11,2009)

ADDRESS                        LIST PRICE           # BED  #BA   TOT SF    PROP TYPE     LIST DATE
4 TOUCHSTONE DR $ 114,000 2 2 984 CONDO 1/10/2009
65 GALEN ST $ 129,000 1 1 689 CONDO 1/5/2009
3668 SPRING LN $ 199,900 2 2 1,120 CONDO 1/6/2009
750 1ST ST $ 225,000 2 2 1,350 CONDO 1/9/2009
6291 HARRINGTON AVE $ 249,900 3 2 1,472 DETACHD 1/6/2009
6317 CARMAN DR $ 275,000 3 1.1 1,344 DETACHD 1/5/2009
4664 FIRWOOD RD $ 300,000 3 2 1,640 DETACHD 1/6/2009
18963 SW LONGFELLOW AVE $ 339,900 3 1.1 1,232 DETACHD 1/5/2009
18959 KRISTI WAY $384,400 3 2 1,778 DETACHD 1/6/2009
18971 INDIAN SPRINGS CIR $399,950 3 2 1,525 DETACHD 1/7/2009
16018 WALUGA DR $419,000 4 2 2,026 DETACHD 1/8/2009
142 KINGSGATE RD $425,000 4 2.1 2,495 DETACHD 1/6/2009
1717 WOODLAND TER $455,000 3 2.1 2,146 DETACHD 1/6/2009
17121 WALL ST $525,000 3 2.1 2,187 DETACHD 1/9/2009
17622 BROOKHURST DR $550,000 3 2.1 2,909 DETACHD 1/7/2009
3254 DUNCAN DR $599,900 4 3.1 3,997 DETACHD 1/7/2009
668 MCVEY AVE $599,998 3 1.1 992 CONDO 1/9/2009
5678 SW CHARLES CIR $65,0000 4 4 3,455 DETACHD 1/5/2009
615 LAKE BAY CT $669,900 3 3 2,542 DETACHD 1/5/2009
72 CONDOLEA WAY $679,500 2 2.1 3,088 CONDO 1/9/2009
19524 RIVER RUN DR $699,950 4 2.1 2,630 DETACHD 1/5/2009
15195 LILY BAY CT $924,900 4 2.1 4,099 DETACHD 1/11/2009
3030 WESTVIEW CT $959,000 4 2.1 3,415 DETACHD 1/11/2009
18682 WESTVIEW $975,000 4 3 3,243 DETACHD 1/8/2009
662 9 th ST $975,000 5 3.1 4,108 DETACHD 1/5/2009
2304 Oswego Glen CT $1,395,000 4 2.1 3,896 DETACHD 1/5/2009
2793 POPLAR WAY $1,995,000 5 5.1 6,300 DETACHD 1/9/2009

PENDING SALES (January 5 – 11, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
3190 DUNCAN DR      $304,900 3     2.1 2401      DETACHD      12/16/2008   24
5102 ROSEWOOD ST $341,900 3     2 1810      DETACHD      11/12/2008   54
4280 CHAPMAN WAY $469,000 3     2 1947      DETACHD    12/15/2008   105
17454 CANAL CIR     $549,900 4     3 2275      DETACHD      4/19/2008   261
13581 GOODALL RD  $550,000 3     2 1220      DETACHD      10/10/2008 490
5299 WESTFIELD CT  $598,000 3    2.1 2865      DETACHD       8/2/2008   156
1141 TROON RD       $648850 4    3 2522      DETACHD       7/2/2008   187

SOLD (January 5-11, 2009)

ADDRESS ORIG.              PRICE SALE              PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
16250 PACIFIC HWY         $269,850 $185,000 2     2.1 324       CONDO       433
5051 TUALATA LN             $409,900 $400,000 4     2.1 591      DETACHD     114
16750 PHANTOM BLUFF CT$485,000 $430,000 3     3.2 267      DETACHD    ,288
1971 PARK FOREST AVE     $549,000 $549,000 4     2.2 180      DETACHD      13

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.