sales Archives - Page 18 of 18

May 12, 2008

Lake Oswego Real Estate Activity – May 5-11, 2008

The Lake Oswego real estate market is moving along the past couple weeks at a pretty healthy clip. Since our last report, 28 homes have sold or gone under contract. Of course, another 50 listings entered the market, so inventory is still up there, too.

Here is the latest Lake Oswego real estate market activity report (look to the bottom for definitions and research criteria):

NEWLY LISTED (May 5 – 11, 2008)

ADDRESS	LIST PRICE	TOT. BEDS	TOT. BATHS	TOT. SQ FT	PROP TYPE	LIST DATE
4000 CARMAN DR	$148,000	1	1	767	CONDO	5/5
45 EAGLE CREST DR	$149,900	1	1	600	CONDO	5/8
47 EAGLE CREST DR	$153,500	2	1	932	CONDO	5/7
46 CRESTFIELD CT	$175,000	2	1	923	CONDO	5/4
750 1ST ST	$239,000	2	2	1,350	CONDO	5/6
296 CERVANTES	$259,900	2	2.1	1,137	CONDO	5/6
16250 PACIFIC HWY	$269,850	2	2	1,311	CONDO	5/7
200 BURNHAM RD	$289,850	2	2	1,335	CONDO	5/6
200 BURNHAM RD	$309,850	2	1	1,216	CONDO	5/6
200 BURNHAM RD	$315,850	2	1	1,216	CONDO	5/6
16470 SW CARNEGIE AVE	$319,000	3	2	1,040	DETACHD	5/10
200 Burnham RD	$319,850	2	2	1,313	CONDO	5/6
4454 THUNDER VISTA LN	$324,900	2	2.1	2,040	CONDO	5/8
17239 REBECCA LANE	$399,900	4	2.1	1,970	DETACHD	5/4
2760 OVERLOOK DR	$419,900	4	2.1	2,441	DETACHD	5/7
16400 WESTVIEW RD	$429,500	2	1	1,217	DETACHD	5/7
907 BULLOCK ST	$429,500	4	2	2,020	DETACHD	5/7
18156 PIONEER CT	$429,900	3	2	1,600	DETACHD	5/8
2638 GREENTREE RD	$449,900	4	2	2,373	DETACHD	5/4
615 LAKE BAY CT	$469,000	4	2	2,542	DETACHD	5/6
4188 COBB WAY	$479,000	4	2	2,192	DETACHD	5/8
17920 DEERBRUSH AVE	$489,900	4	3	2,410	DETACHD	5/8
441 9TH ST	$499,900	3	2	2,408	DETACHD	5/9
17101 CHAPIN WAY	$499,900	3	2	1,949	DETACHD	5/10
15611 SW PARTRIDGE DR	$529,900	4	2.1	2,300	DETACHD	5/4
5434 YORKSHIRE PL	$559,000	3	3	2,335	DETACHD	5/4
1041 OXFORD DR	$564,500	4	3.1	2,712	DETACHD	5/4
2751 SUMMIT DR	$565,900	3	2	2,278	DETACHD	5/8
6351 SW BURMA RD	$649,900	2	1	2,016	DETACHD	5/8
4 CAMELOT CT	$649,900	5	3	3,344	DETACHD	5/10
5492 YORKSHIRE PL	$649,990	4	2.1	2,515	DETACHD	5/5
17 CELLINI CT	$655,000	5	3.1	3,066	DETACHD	5/4
52 CONDOLEA CT	$695,000	2	2.1	2,958	CONDO	5/4
18086 JENIFERS WAY	$719,900	3	2.1	2,566	DETACHD	5/5
5644 SUNCREEK DR	$774,500	4	3.1	3,524	DETACHD	5/9
13234 DEERFIELD CT	$779,000	4	3	3,366	DETACHD	5/4
9 JUAREZ ST	$805,000	3	3.1	2,823	DETACHD	5/5
586 WEIDMAN CT	$839,900	5	3.1	3,796	DETACHD	5/4
645 Country Club RD	$859,900	4	2.1	3,262	DETACHD	5/6
1273 WELLS ST	$888,500	3	3	4,001	DETACHD	5/7
2941 WESTVIEW CIR	$925,000	4	2.1	3,075	DETACHD	5/7
4136 CASEY CT.	$998,850	5	3.1	3,998	DETACHD	5/5
2430 SUMMIT CT	$1,400,000	2	2	2,911	DETACHD	5/4
16545 MAPLE CIR	$1,439,000	3	2.1	3,336	DETACHD	5/5
2201 HAZEL RD	$1,725,000	5	3.1	5,446	DETACHD	5/5
320 CHANDLER PL	$2,300,000	5	3.1	4,675	DETACHD	5/4

PENDING SALES (May 5 – 11, 2008)

ADDRESS	LIST PRICE	TOT. BEDS	TOT. BATHS	TOT. SQ FT	PROP TYPE	PENDING DATE
343 5TH ST	$319,500	2	1	910	CONDO	3/31
4840 LAMONT WAY	$324,500	3	2	1,773	DETACHD	3/7
4902 SW CHILDS RD	$385,000	3	1.1	1,370	DETACHD	3/28
727 9th Street	$395,000	1	1	780	DETACHD	12/14
12821 SIERRA VISTA DR	$649,900	5	3.1	3,329	DETACHD	3/5
1630 COUNTRY COMMONS	$1,050,000	4	2.1	3,776	DETACHD	4/10
1501 COUNTRY CLUB RD	$1,249,000	4	4	4,687	DETACHD	5/1
12210 SW ORCHARD HILL RD	$1,695,000	4	3.2	4,640	DETACHD	3/26
1730 NORTHSHORE RD	$1,775,000	3	4	3,625	DETACHD	1/6

SOLD (April 28 – May 4, 2008)

ADDRESS	ORIG. PRICE	SOLD PRICE	TOT. BEDS	TOT. BATHS	TOT. SQ FT	PROP TYPE	DOM
16200 PACIFIC HWY	$438,850	$309,850	2	2	1,200	CONDO	643
14331 SHERBROOK PL	$529,000	$325,000	3	2	1,952	DETACHD	599
615 LAKE BAY CT	$469,000	$405,950	4	2	2,542	DETACHD	2
17200 CANAL CIR	$430,000	$410,000	2	1.1	1,814	DETACHD	124
4630 WILDWOOD ST	$429,900	$415,000	3	2	2,067	DETACHD	20
1307 CEDAR ST	$499,950	$430,626	4	3	2,162	DETACHD	207
1711 HIGHLAND DR	$449,000	$455,000	3	2.1	1,926	DETACHD	2
18781 INDIAN CREEK WAY	$480,000	$480,000	4	2.1	2,076	DETACHD	9
14 PREAKNESS CT	$495,000	$485,000	2	2.1	2,047	ATTACHD	11
16872 QUAIL CT	$824,900	$730,900	4	3.1	3,120	DETACHD	22
17912 MEADOWLARK LN	$1,299,500	$750,000	4	3	3,087	DETACHD	410
5322 ROSALIA WAY	$799,000	$800,000	4	2.1	3,767	DETACHD	4
17577 BROOKHURST DR	$898,000	$870,000	3	2.1	3,894	DETACHD	128
18323 LOTHLORIEN WAY	$949,000	$886,000	4	3.1	3,550	DETACHD	34
17237 Lowenberg TER	$1,049,000	$962,500	3	2.1	3,095	DETACHD
18026 SKYLAND CIR	$1,490,000	$1,368,684	5	3.1	4,086	DETACHD	68
18284 MEADOWLARK LN	$1,699,900	$1,480,000	4	4.2	5,648	DETACHD	15

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.

May 5, 2008

Lake Oswego Real Estate Activity – April 28-May 4, 2008

A slew of new properties were introduced to the market last week in Lake Oswego…and a modest number of homes went pending and closed in the previous week.

(Remember, we’re waiting a week to show pending and closed sales to allow for laggard data, so that is shown for the week previous to last.)

And per a reader request, we’re providing the Original list price for all Sold properties. Stay tuned for an April wrap-up of real estate activity in LO.

Here is the latest Lake Oswego real estate market activity report (look to the bottom for definitions and research criteria):

New Listings (April 28-May 4, 2008)

Address	List Price	Tot. Beds	Tot. Baths	Tot. Sq Ft	Prop Type	List Date
88 Galen	$145,250	2	1	923	CONDO	5/2
45 EAGLE CREST DR	$185,000	1	1	930	CONDO	5/1
16250 S PACIFIC HWY	$208,000	1	1	841	CONDO	5/1
450 S STATE ST	$229,900	2	1	800	CONDO	4/27
482 S STATE ST	$295,000	2	1	1,659	CONDO	4/27
4322 Botticelli ST	$315,000	2	2.1	2,043	CONDO	4/30
16155 SW KIMBALL AVE	$349,900	3	1	1,488	DETACHD	5/1
100 LEONARD ST	$350,000	2	2	1,320	CONDO	5/2
4974 SUNTREE LN	$396,700	2	2.1	1,652	ATTACHD	4/29
4420 GOLDEN LN	$409,000	3	3.1	2,165	CONDO	4/30
1260 LARCH ST	$449,900	3	2.1	2,320	DETACHD	4/29
40 NOVA CT	$475,000	4	2.1	2,308	DETACHD	4/27
4208 HARVEY WAY	$479,000	2	2	2,132	DETACHD	5/1
5207 COVENTRY CT	$485,000	3	2	1,973	DETACHD	4/27
600 TIPPECANOE CT	$489,900	3	2	1,744	DETACHD	4/27
16090 SW KIMBALL AVE	$529,950	4	1.1	2,276	DETACHD	5/1
13758 REGENCY CT	$530,000	3	2.1	2,153	DETACHD	4/29
1600 WOODLAND TER	$539,000	3	2	1,993	DETACHD	5/1
17577 BLUE HERON CT	$549,000	5	3	2,980	DETACHD	4/30
20 El Greco	$549,000	4	3	2,425	DETACHD	4/30
16 NORTHVIEW CT	$579,900	4	3.1	2,962	ATTACHD	4/30
329 10TH ST	$595,000	3	1	1,837	DETACHD	4/28
1428 PINE ST	$619,900	3	3.1	2,738	DETACHD	4/29
1666 LAKE FRONT RD	$625,000	4	3	2,825	DETACHD	4/28
17784 TREETOP LN	$649,000	4	3	3,468	DETACHD	4/30
1473 LEE ST	$669,900	4	3	2,705	DETACHD	4/30
17083 FERNWOOD DR	$685,000	5	3	2,868	DETACHD	4/27
14 Del Prado	$699,000	5	3.1	4,094	DETACHD	4/29
5413 LANGFORD LN	$728,950	3	2.1	2,891	DETACHD	4/28
510 NORTHSHORE RD	$735,000	3	3	2,380	DETACHD	4/30
5364 LANGFORD LN	$738,950	3	2.1	2,932	DETACHD	4/28
4208 ALBERT CIR	$739,000	4	3	2,777	DETACHD	5/1
23 HILLSHIRE DR	$759,000	3	4.5	3,916	DETACHD	4/29
5455 LANGFORD LN	$788,950	3	2.1	3,341	DETACHD	4/28
1277 HIDE A WAY LN	$799,900	5	3	3,120	DETACHD	4/27
569 6TH ST	$800,000	4	2	2,168	DETACHD	5/3
13059 SW AMBER PL	$874,500	5	0.3	3,240	DETACHD	4/30
4300 ALBERT CIR	$879,000	4	2.1	3,205	DETACHD	4/27
4045 PFEIFER CT	$969,000	4	3.1	3,887	DETACHD	4/30
840 Evergreen RD	$998,900	4	2.1	2,696	DETACHD	4/29
1501 COUNTRY CLUB RD	$1,249,000	4	4	4,687	DETACHD	5/1
16737 MAPLE CIR	$1,325,000	2	3	1,683	DETACHD	5/2
1600 Country Commons LN	$1,950,000	4	3.1	5,710	DETACHD	4/30
15481 TWIN FIR RD	$2,050,000	4	4.1	4,821	DETACHD	5/1
13200 SW THOMA RD	$2,950,000	5	5.2	7,648	DETACHD	4/28

Pending Sales (April 21-27, 2008)

Address	List Price	Tot. Beds	Tot. Baths	Tot. Sq Ft	Prop Type	DOM
45 EAGLE CREST DR	$150,000	1	1	768	CONDO	4/25
214 OSWEGO SMT	$259,900	2	2	1,506	ATTACHD	4/20
5056 FOOTHILLS DR	$289,900	2	2	1,252	CONDO	4/26
18 WHEATHERSTONE PL	$293,000	3	2.1	1,692	CONDO	4/22
31 ORIOLE LN	$349,000	3	3	1,968	DETACHD	4/21
4070 VIRGINIA WAY	$350,000	4	2	1,728	DETACHD	4/20
4648 REMBRANDT LN	$410,000	3	2.1	1,793	DETACHD	4/20
1588 CHERRY LN	$425,000	3	2	2,001	DETACHD	4/21
5355 GREYSTOKE DR	$425,000	3	2.1	1,975	DETACHD	4/24
4630 WILDWOOD ST	$429,900	3	2	2,067	DETACHD	4/26
5400 BAY CREEK DR	$600,000	3	2.1	2,856	DETACHD	4/20
19124 MEGAN PL	$768,500	4	2.1	3,584	DETACHD	4/23
2601 DELLWOOD DR	$829,900	4	3.1	4,277	DETACHD	4/23

Sold Properties (April 21-27, 2008)

Address	Sale Price	Orig. Price	Tot. Beds	Tot. Baths	Tot. SF	Prop Type	DOM
84 OSWEGO SMT	$136,400	$148,900	1	1	764	CONDO	55
44 EAGLE CREST DR	$149,000	$149,000	2	1	908	CONDO	48
1402 PARRISH ST	$323,000	$339,000	3	2.1	1,880	CONDO	215
6238 SUMMER WOODS	$470,000	$559,900	4	2.1	2,328	DETACHD	234
3758 OLSON CT	$575,000	$699,900	4	2.1	3,193	DETACHD	225
36 NORTHVIEW CT	$579,000	$579,000	3	3.1	2,573	ATTACHD	4
17364 BRYANT RD	$740,000	$799,900	4	3	3,043	DETACHD	205
5497 Langford LN	$830,000	$809,000	4	2.1	3,341	DETACHD

April 28, 2008April 28, 2008

Lake Oswego Real Estate Activity – April 21-27, 2008

In an effort to bring you the most accurate information possible about the Lake Oswego real estate market, we’ll be changing our reporting methods for Pending Sales and Closed Sales.

New Listings will continue to be displayed for the previous week. However, we’re going to delay reporting the pending and closed sales an additional week to ensure that the MLS records have been updated fully. The good news: you’ll be seeing more pending and closed sales in our reports.

With that explanation, here our latest Lake Oswego real estate market activity report (look to the bottom for definitions and research criteria):

New Listings (April 21-27, 2008)

Address	List Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	List Date
32 CRESTFIELD CT	$185,000	2	2	995	CONDO	4/20
214 RIDGEWAY RD	$259,900	2	1	914	CONDO	4/22
668 MCVEY AVE	$299,000	1	1	626	CONDO	4/20
17570 MARDEE AVE	$324,950	3	1	1,050	DETACHD	4/25
152 RIDGEWAY RD	$349,900	2	1.1	1,794	CONDO	4/20
68 WHEATHERSTONE CT	$374,900	4	3.1	2,465	CONDO	4/21
11 BLOCH TER	$375,000	3	2.1	1,972	ATTACHD	4/24
15256 BOONES WAY	$387,500	2	2.1	1,600	ATTACHD	4/24
820 BOCA RATAN DR	$397,000	4	3.1	2,810	DETACHD	4/20
5355 GREYSTOKE DR	$425,000	3	2.1	1,975	DETACHD	4/20
7050 CHILDS RD	$449,000	2	2	1,693	DETACHD	4/22
4760 LOWER DR	$472,500	3	3	3,252	DETACHD	4/20
14584 WILMOT WAY	$489,000	4	2.1	1,939	DETACHD	4/25
7210 CHILDS RD	$499,000	3	2	1,542	DETACHD	4/23
420 G AVE	$579,900	3	2	1,813	DETACHD	4/21
4731 AMHERST CT	$599,000	3	2.1	2,928	ATTACHD	4/22
5474 BAY CREEK DR	$639,900	3	2.1	2,322	DETACHD	4/24
16695 GLENWOOD CT	$649,900	4	3	3,104	DETACHD	4/22
313 3RD ST	$659,000	3	3.1	1,960	ATTACHD	4/21
16920 GREENTREE AVE	$679,900	4	2.1	2,830	DETACHD	4/23
19415 SW SYCAMORE AVE	$699,900	4	2	2,188	DETACHD	4/21
4608 CHELSEA LN	$719,000	5	2.1	3,092	DETACHD	4/20
860 MCVEY AVE	$719,000	8	5.1	3,648	DETACHD	4/25
14855 Twin Fir RD	$849,900	3	1.1	1,639	DETACHD	4/20
18220 RIVER EDGE CT	$899,000	3	3	3,365	DETACHD	4/21
3885 UPPER DR	$899,900	4	2.1	3,122	DETACHD	4/25
18280 DELENKA LN	$924,950	4	3.1	4,405	DETACHD	4/24
2317 STONEHURST CT	$945,900	4	2.1	4,455	DETACHD	4/23
13561 SW GOODALL RD	$995,000	4	2	2,484	DETACHD	4/22
4685 SW UPPER DR	$999,500	4	2	3,341	DETACHD	4/21
161 FURNACE ST	$999,990	2	2	2,401	CONDO	4/26
16818 ALDER CIR	$1,390,000	3	2	1,674	DETACHD	4/26
14001 GOODALL RD	$1,799,000	4	3.1	5,397	DETACHD	4/25
1175 LAKE SHORE RD	$1,875,000	3	3.1	2,878	DETACHD	4/25
670 IRON MOUNTAIN BLVD	$2,275,000	4	3.2	5,208	DETACHD	4/24
2500 GLEN EAGLES RD	$2,699,500	5	4.5	5,565	DETACHD	4/21
243 10TH ST	$2,795,000	5	4.3	6,794	DETACHD	4/26

Pending Sales (April 14-20, 2008)

Address	List Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	DOM
6929 SW MONTAUK CIR	$159,900	2	1	968	CONDO	233
3852 SW Botticelli ST	$229,900	3	2	1,224	ATTACHD	33
15486 BRIANNE CT	$299,947	2	2.1	1,246	ATTACHD	44
15115 Twin Fir RD	$349,900	3	2	1,392	DETACHD
14584 DORIS AVE	$399,900	3	2	1,500	DETACHD	44
960 BULLOCK ST	$448,900	3	2	2,550	DETACHD	8
1440 CHERRY CREST AVE	$539,900	3	2.1	1,938	DETACHD	14
2934 TOLKIEN LN	$765,000	5	3.1	3,851	DETACHD	462
2188 GLENMORRIE LN	$850,000	5	3	3,200	DETACHD	73
701 OAK MEADOW CT	$1,095,000	5	3.1	4,055	DETACHD	230

Sold Properties (April 14-20, 2008)

Address	Sale Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	DOM
16250 Pacific Hwy (Hwy 43)	$199,850	3	2	1,626	CONDO	609
668 McVey AVE	$250,000	3	1.1	985	CONDO
16200 PACIFIC HWY	$315,000	2	2	1,200	CONDO	622
18620 INDIAN CREEK DR	$387,500	3	2	2,064	DETACHD	21
1098 CHANDLER RD	$1,800,000	4	3.1	3,696	DETACHD	63

April 21, 2008May 20, 2009

Lake Oswego Real Estate Activity – April 14-20, 2008

Sale activity has slowed to a trickle in Lake Oswego, as far as last week goes, anyway. Just 10 properties opened or closed escrow.

Here are the Lake Oswego real estate market statistics for the week April 13 through 20 (look to the bottom for definitions and research criteria):

New Listings

Address	List Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	List Date
4624 LOWER DR	$178,900	2	1.1	1,170	CONDO	4/16
4087 JEFFERSON PKWY	$260,000	2	2.1	1,851	ATTACHD	4/13
6167 SW FERNBROOK ST	$289,900	4	2	1,232	DETACHD	4/13
18 WHEATHERSTONE PL	$293,000	3	2.1	1,692	CONDO	4/17
4512 LOWER DR	$339,000	2	2.1	1,636	ATTACHD	4/17
668 MCVEY AVE	$349,900	1	1	627	CONDO	4/13
16061 Waluga DR	$384,500	1	1	676	DETACHD	4/16
5687 SW BONITA RD	$389,950	3	2.1	2,048	DETACHD	4/16
4964 GALEN ST	$399,950	3	3	1,879	DETACHD	4/17
4960 GALEN ST	$425,000	2	3	1,772	DETACHD	4/16
1588 CHERRY LN	$425,000	3	2	2,001	DETACHD	4/14
10 PREAKNESS CT	$435,000	4	2.1	2,270	ATTACHD	4/14
3269 PHYLLIS CT	$439,900	3	1.2	1,818	DETACHD	4/13
5221 ROSEWOOD ST	$464,900	3	2.1	2,226	DETACHD	4/19
16018 SW WALUGA DR	$499,000	4	2	2,024	DETACHD	4/17
13340 AUBURN CT	$559,900	3	2.1	2,451	ATTACHD	4/16
29 DEL PRADO ST	$565,000	3	2	2,972	DETACHD	4/17
4729 CAMBRIDGE CT	$648,000	2	2.1	3,056	ATTACHD	4/13
18212 INDIAN CREEK DR	$692,500	4	2.1	2,313	DETACHD	4/14
17445 LAKE HAVEN DR	$695,000	4	3	2,949	DETACHD	4/15
13222 DEERFIELD CT	$719,000	4	2.1	3,022	DETACHD	4/18
17706 MARYLBROOK DR	$724,900	3	2.2	2,977	DETACHD	4/13
30 WILBUR ST	$775,000	3	2.1	2,664	ATTACHD	4/13
17454 CANAL CIR	$789,900	4	3	2,475	DETACHD	4/18

5855 STEWART GLENN CT	$830,000	4	2.1	3,758	DETACHD	4/17
5437 ROSALIA WAY	$929,000	4	2.1	3,369	DETACHD	4/16
15459 VILLAGE DR	$949,000	4	3.1	3,059	DETACHD	4/13
1643 VILLAGE PARK LN	$1,195,000	4	3.1	4,505	DETACHD	4/16
2200 PRESTWICK RD	$1,200,000	4	2.2	3,356	DETACHD	4/14
2080 RIDGE POINTE DR	$1,200,000	5	4	4,587	DETACHD	4/17
4316 UPPER DR	$1,258,950	4	3.1	4,376	DETACHD	4/14
622 OAK MEADOW DR	$1,325,000	4	3.1	4,168	DETACHD	4/14
1555 BAY VIEW LN	$1,560,000	4	4.1	5,145	DETACHD	4/13
581 OAK MEADOW DR	$1,579,900	4	4.1	4,680	DETACHD	4/14
1075 CHANDLER RD	$2,495,000	5	5	5,946	DETACHD	4/14
333 NORTHSHORE RD	$3,299,500	4	4.1	4,998	DETACHD	4/17
961 TERRACE DR	$3,895,000	4	4.2	5,796	DETACHD	4/16

Pending Sales

Address	List Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	DOM
6929 SW MONTAUK CIR	$159,900	2	1	968	CONDO	233
3852 SW Botticelli ST	$229,900	3	2	1,224	ATTACHD	33
15486 BRIANNE CT	$299,947	2	2.1	1,246	ATTACHD	44
960 BULLOCK ST	$448,900	3	2	2,550	DETACHD	8
1440 CHERRY CREST AVE	$539,900	3	2.1	1,938	DETACHD	14
2934 TOLKIEN LN	$765,000	5	3.1	3,851	DETACHD	462
2188 GLENMORRIE LN	$850,000	5	3	3,200	DETACHD	73
701 OAK MEADOW CT	$1,095,000	5	3.1	4,055	DETACHD	230

Sold Properties

Address	Sale Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	DOM
18620 INDIAN CREEK DR	$387,500	3	2	2,064	DETACHD	21
1098 CHANDLER RD	$1,800,000	4	3.1	3,696	DETACHD	63

April 14, 2008April 14, 2008

Lake Oswego Real Estate Activity – April 7-13, 2008

At a steady, albeit slower, pace than last year, the Lake Oswego real estate market continues to plug along.

Nineteen properties either sold or went pending (under contract), while 38 new listings appeared. Total active listings in the Lake Oswego market now number 588.

Here are the Lake Oswego real estate market statistics for the week April 7 through 13 (look to the bottom for definitions and research criteria):

New Listings

Address	List Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	List Date
4615 LAKEVIEW BLVD	$137,500	1	1	753	CONDO	4/6
42 OSWEGO SMT	$139,900	1	1	764	CONDO	4/7
47 EAGLE CREST DR	$152,500	2	1	932	CONDO	4/6
4640 LOWER DR	$164,000	2	1.1	1,170	CONDO	4/8
210 Ridgeway RD	$199,900	1	1	778	CONDO	4/11
15210 BOONES WAY	$235,000	2	2	1,124	CONDO	4/10
1543 BONNIEBRAE DR	$270,000	3	1.1	1,303	ATTACHD	4/12
11 SUMMIT RIDGE CT	$319,000	2	2.1	1,576	ATTACHD	4/7
31 ORIOLE LN	$349,000	3	3	1,968	DETACHD	4/7
642 EVERGREEN RD	$395,000	2	1	800	DETACHD	4/8
55 NORTHSHORE RD	$399,000	1	1	1,478	CONDO	4/12
960 BULLOCK ST	$448,900	3	2	2,550	DETACHD	4/7
13395 VERMEER DR	$469,698	4	2.1	2,461	DETACHD	4/8
4761 LAMONT WAY	$475,000	3	2	1,816	DETACHD	4/10
2955 WEMBLEY PARK RD	$499,000	4	2	2,620	DETACHD	4/8
15547 SW PARTRIDGE DR	$544,900	4	3	2,266	DETACHD	4/11
5746 CHARLES CIR	$649,000	4	2.1	2,737	DETACHD	4/9
19664 RIVER RUN DR	$649,000	4	2.1	3,051	DETACHD	4/6
4786 AVERY LN	$684,000	4	2.1	2,927	DETACHD	4/6
279 EVERGREEN RD	$735,000	3	3.1	2,136	ATTACHD	4/6
18086 JENIFERS WAY	$779,000	3	2.1	2,566	DETACHD	4/10
18020 JENIFERS (Lot 7) WAY	$825,000	3	2.1	2,600	DETACHD	4/8
1273 WELLS ST	$899,900	3	3	4,001	DETACHD	4/6
5525 RACHEL (Lot 3) LN	$985,000	4	2.1	3,200	DETACHD	4/8
17997 BRAEDEN (lOT 5) CT	$999,000	4	1	3,300	DETACHD	4/8
1630 Country Commons	$1,184,000	4	2.1	3,776	DETACHD	4/10
4311 HAVEN ST	$1,200,000	5	4	3,816	DETACHD	4/6
18253 Siena DR	$1,274,500	5	4	4,281	DETACHD	4/10
18231 Siena DR	$1,425,000	4	3.2	4,064	DETACHD	4/10
18224 Bella Terra DR	$1,495,000	4	4	4,050	DETACHD	4/10
18209 Siena DR	$1,525,000	5	4.1	4,400	DETACHD	4/10
2943 LAKEVIEW BLVD	$1,569,000	4	3	3,794	DETACHD	4/12
2495 PALISADES CREST DR	$1,585,000	4	3.1	5,700	DETACHD	4/6
13701 SW KNAUS RD	$1,595,000	5	4.1	5,730	DETACHD	4/9
18110 Siena DR	$1,650,000	4	3.1	4,311	DETACHD	4/10
448 COUNTRY CLUB RD	$1,750,000	4	3.1	4,565	DETACHD	4/6
3102 DOUGLAS CIR	$1,794,000	5	4.1	4,618	DETACHD	4/6
17555 UPPER CHERRY LN	$1,799,000	5	3	6,000	DETACHD	4/12

Pending Sales

Address	List Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	DOM
16584 SW ROOSEVELT AVE	$199,000	2	1	1,188	DETACHD	4/10
15254 BOONES WAY	$368,850	3	2	1,600	ATTACHD	4/9
4630 WILDWOOD ST	$429,900	3	2	2,067	DETACHD	4/10
1307 CEDAR ST	$447,500	4	3	2,162	DETACHD	4/7
17380 CANYON DR	$522,722	4	2.1	2,526	DETACHD	4/10
5808 BAY POINT DR	$599,900	4	2.1	2,860	DETACHD	4/6
17878 HILLSIDE DR	$625,000	5	3	3,449	DETACHD	4/9
2445 PARK RD	$659,900	5	3	3,200	DETACHD	4/8
165 FURNACE ST	$829,000	2	2.1	2,175	CONDO	4/8

Sold Properties

Address	Sale Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	DOM
48 OSWEGO SMT	$187,350	2	2	1,140	CONDO	133
6301 ALYSSA TER	$335,000	3	2.1	1,546	ATTACHD	17
1530 ASH ST	$374,000	3	2	1,887	DETACHD	11
3 TANGLEWOOD DR	$407,500	3	3	2,879	DETACHD	10
4958 GALEN ST	$435,000	3	2.1	2,190	DETACHD	361
12883 SIERRA CT	$500,000	4	3	2,996	DETACHD	382
785 9TH ST	$610,930	3	2.1	2,477	DETACHD	313
13348 LESLIE CT	$1,125,000	4	2.1	3,500	DETACHD	267
635 IRON MOUNTAIN BLVD	$1,450,000	5	3.1	4,658	DETACHD	148
1584 VIEW LAKE CT	$1,550,000	7	7.1	7,009	DETACHD	18

April 10, 2008

Lake Oswego Real Estate Market Results – Q1 2008

The 1st quarter Lake Oswego real estate results for 2008 are in the books. Heading into the prime buying and selling season, how did the market fare?

For home sellers, the news wasn’t particularly heartening. Over the first quarter of 2008, Lake Oswego sold 125 condo, attached, and single-family homes. That figure is down 40% from the same period in 2007.

Across all property types, the average price came in at $591,131, which is up 7% from last year. The median (middlemost) value in the range is $495,000 (vs. $449,000 in 2007).

Following is a breakdown of property types by average sale prices, market time, and size:

LAKE OSWEGO MARKET ACTIVITY – JANUARY 1 – MARCH 31, 2008

PROPERTY TYPE	QUANTITY SOLD	AVG SALE PRICE	AVG SQ. FT.	SALE PRICE VS. ORIG. LIST PRICE	AVG MARKET TIME*
Condominiums	31	$223,935	1,156	88%	113
Attached Homes	6	$481,187	2,149	96%	24
Single Family Detached Homes	88	$727,981	2,808	92%	82
SUMMARY	125	$591,131	2,367	92%	87

Conclusions?

Do the results suggest that prices in Lake Oswego are still rising? In 2007, single family detached homes made up 56% of the total housing mix; this year, it’s 70% of the mix, having a much greater influence on the overall housing average. Looking just at single family homes, the average sale price is down 4% from last year’s first quarter.

A note of caution: Final sale prices on single family homes are coming in at 92% of the original list price, suggesting that sellers may be better off starting their pricing at a level reflective of a slowing market.

* Market time or Days on Market (DOM) refers to the number of days between the time the listing becomes active in the multiple listing service and the date of when an offer has been accepted by the seller.

Data courtesy of RMLS.

April 7, 2008

Market Activity – March 31-April 6, 2008

The post-spring break real estate rush is definitely on, with 46 new home listings coming on the market in the past week. Fortunately, 24 properties closed escrow or received an acceptable offer (sale pending).

Later this week, we’ll take a look at the first quarter results for the Lake Oswego market.

Here are the Lake Oswego real estate market statistics for the week March 31 through April 6 (look to the bottom for definitions and research criteria):

New Listings

Address	List Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	List Date
368 CERVANTES CIR	$159,900	2	1	882	CONDO	4/1
15938 QUARRY RD	$187,000	2	1	991	CONDO	4/3
165 OSWEGO SMT	$209,900	2	2	1,383	CONDO	3/31
216 RIDGEWAY RD	$259,900	2	1	914	CONDO	4/3
343 5TH ST	$319,500	2	1	910	CONDO	3/31
4458 THUNDER VISTA LN	$339,500	3	2.1	2,200	CONDO	4/1
210 S STATE ST	$339,900	2	1.1	1,495	CONDO	3/30
150 KINGSGATE RD	$359,900	3	2	1,477	DETACHD	4/3
4161 COBB WAY	$419,800	3	2	1,915	DETACHD	3/30
1307 CEDAR ST	$447,500	4	3	2,162	DETACHD	3/30
13050 BOONES FERRY RD	$449,000	3	2.1	2,320	DETACHD	4/2
5142 ROSEWOOD ST	$449,900	4	2.1	1,784	DETACHD	3/30
17101 CHAPIN WAY	$509,000	3	2	1,949	DETACHD	3/31
4688 OAKRIDGE RD	$525,000	3	2	1,788	DETACHD	4/4
1440 CHERRY CREST AVE	$539,900	3	2.1	1,938	DETACHD	4/2
14251 SW CAMDEN LN	$540,000	3	2.1	2,179	DETACHD	4/1
5497 Willow CT	$549,900	3	2.1	2,438	ATTACHD	4/1
14300 CAMDEN LN	$550,000	4	2.1	2,346	DETACHD	4/2
5475 Willow CT	$569,900	3	2.1	2,438	ATTACHD	4/1
5431 Willow CT	$569,900	3	2.1	2,400	ATTACHD	4/1
5453 Willow CT	$569,900	3	2.1	2,400	ATTACHD	4/1
17777 BLUE HERON DR	$575,000	4	3	2,609	DETACHD	4/3
3355 UPPER DR	$599,900	4	2	3,205	DETACHD	4/1
4722 HASTINGS PL	$649,900	4	2.1	2,151	DETACHD	3/31
7190 SW CHILDS RD	$675,000	3	3	2,316	DETACHD	3/31
557 EVERGREEN RD	$685,000	2	2	1,598	DETACHD	4/3
4031 Old Gate Road	$699,900	4	4	3,704	DETACHD	4/5
14218 KIMBERLY CIR	$749,000	4	2.1	3,205	DETACHD	3/30
770 5TH ST	$779,000	3	2.1	2,721	DETACHD	4/1
165 FURNACE ST	$829,000	2	2.1	2,175	CONDO	3/30
19177 35TH PL	$838,000	4	2.1	3,459	DETACHD	3/31
547 MIDDLECREST RD	$849,900	2	2.1	1,881	DETACHD	3/31
307 DURHAM ST	$965,000	3	2.1	2,600	DETACHD	3/31
14135 EDENBERRY DR	$979,000	4	2.1	3,174	DETACHD	4/3
17606 WOODHURST PL	$1,049,000	5	3.1	4,488	DETACHD	3/30
3540 RED CEDAR WAY	$1,159,000	4	3.1	4,000	DETACHD	3/30
1606 BAY VIEW LN	$1,169,000	5	3.1	4,288	DETACHD	3/30
1835 CEDAR CT	$1,169,000	3	3.1	3,148	DETACHD	4/4
5587 CARMAN DR	$1,175,000	4	3.1	2,591	DETACHD	3/31
950 OAK TER	$1,220,000	4	2.1	3,714	DETACHD	3/31
3407 LAKE GROVE AVE	$1,298,000	4	3.2	4,475	DETACHD	4/1
4063 CANAL WOODS CT	$1,299,900	4	3.1	4,563	DETACHD	3/30
5250 SW Dawn ST	$1,390,000	4	3.1	4,333	DETACHD	4/1
17538 BROOKHURST DR	$1,450,000	4	5.1	5,451	DETACHD	4/2
1340 CHERRY LN	$1,950,000	4	4.1	5,795	DETACHD	4/2
4011 WESTBAY RD	$1,990,000	5	3.1	4,518	DETACHD	3/30

Pending Sales

Address	List Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	DOM
8 CRESTFIELD CT	$144,900	1	1	689	CONDO	30
18620 INDIAN CREEK DR	$399,900	3	2	2,064	DETACHD	21
17200 CANAL CIR	$430,000	2	1.1	1,814	DETACHD	124
1711 HIGHLAND DR	$449,000	3	2.1	1,926	DETACHD	2
5511 ROYAL OAKS DR	$449,900	3	2	1,898	DETACHD	4
1982 PARK FOREST AVE	$519,900	5	3	2,692	DETACHD	11
1091 BICKNER ST	$625,000	4	2	2,510	DETACHD	76
490 IRON MOUNTAIN BLVD	$649,000	2	2	2,246	DETACHD	27
5642 LA MESA CT	$699,000	4	2.1	3,361	DETACHD	153
2340 PARK RD	$724,900	3	3	3,200	DETACHD	131
15737 TARA PL	$779,000	4	2.1	3,057	DETACHD	206
17912 MEADOWLARK LN	$799,000	4	3	3,087	DETACHD	410
17237 Lowenberg TER	$999,900	3	2.1	3,095	DETACHD
2070 RIDGE POINTE DR	$1,149,900	4	5	5,400	DETACHD	32
1098 CHANDLER RD	$2,000,000	4	3.1	3,696	DETACHD	63

Sold Properties

Address	Sale Price	Tot Beds	Tot Baths	Tot Sq Ft	Prop Type	DOM
93 GALEN ST	$134,000	1	1	689	CONDO	68
16200 PACIFIC HWY	$312,500	2	2	1,200	CONDO	633
13457 AUBURN CT	$512,500	3	2.1	1,937	CONDO	110
1991 SUMMIT DR	$539,900	3	3.1	2,395	DETACHD	267
11 TANGLEWOOD DR	$550,000	4	3	3,148	DETACHD	206
1322 GLENMORRIE DR	$710,000	3	3	2,771	DETACHD	110
17970 ROYCE WAY	$899,900	4	4.2	4,207	DETACHD	273
140 FURNACE ST	$950,000	4	3.1	3,633	DETACHD	228
15420 BOONES WAY	$1,169,000	3	2.1	3,364	ATTACHD	0