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.

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

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.

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

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.

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

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.

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

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.

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.

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

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.