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.

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.

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.

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.

Lake Oswego Real Estate Activity – November 24-30, 2008

Market activity typically slows down during the holidays and last weeks stats certainly reflect this.  Having said this, it is good to see that the market does have some activity.  7 new listings, 4 pendings and 4 closed sales happened last week.  While the market is slower, it is still very much happening.

NEWLY LISTED (November 24 —November 30, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
3433 MCNARY PKWY
$214,900
2
2
1,008
CONDO
11/27/08
3834 BOTTICELLI ST
$224,900
2
2
1,055
ATTACHD
11/24/08
600 TIPPECANOE CT
$439,800
3
2
1,812
DETACHD
11/24/08
1189 SUNNINGDALE CT
$724,000
3
2
2,056
DETACHD
11/26/08
51 HILLSHIRE DR
$849,900
3
2.2
4,306
DETACHD
11/25/08
1667 VILLAGE PARK LN
$899,900
6
3.1
4,743
DETACHD
11/24/08
1055 COUNTRY CLUB RD
$1,000,000
3
2
2,804
DETACHD
11/24/08

PENDING SALES (November 24 —November 30, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
668 McVey AVE
$144,850
0
1
485
CONDO
740
455 10TH ST
$473,950
2
2
2,284
DETACHD
180
17561 SHEPHERDS CT
$675,000
4
2.1
3,011
DETACHD
287
13010 KNAUS RD
$1,249,500
4
3.1
4,312
DETACHD
737

SOLD (November 17—November 23, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
4644 LOWER DR
$136,900
$129,000
2
1.1
1,170
CONDO
30
4000 CARMAN DR
$149,900
$135,000
2
2
869
CONDO
22
2435 PARK RD
$749,990
$480,000
4
3
2,940
DETACHD
302
16 NORTHVIEW CT
$599,900
$495,000
4
3.1
2,962
ATTACHD
419

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 Action Report for November 20th

Data represents activity from November 10th to November 20th.

DOM (days on market) represents cumulative days and may represent more than one listing period.

Of particular note, to me, was finding the closed sale at 2870 Park Rd. This was a 1973 built home that was described as a cosmetic fixer. With 2380 square feet, it’s a nice size home and in a very nice neighborhood, Palisades. What is remarkable is that it sold in just 4 days and for $17,000 more than the asking price. It shows that when a property is priced right it will sell quickly, and perhaps for more than the list price. Our market still has a pulse.

New Listings

Address Type bed/bath Sq. Feet List Price

44 Eagle Crest Condo 1b/1b 798 $134,900
91 Galen St Condo 1b/1b 680 $135,000
47 Eagle Crest #12 Condo 2b/1b 932 $149,900
16790 Lake Forrest Detached 2b/1b 780 $199,900
12846 Boones Ferry Rd Condo 2b/2.1b 1136 $249,000
5063 Foothills Dr Condo 2b/2b 1031 $259,000
3433 McNary Parkway Condo 2b/2.1b 1156 $275,000
3797 Lanewood Detached 3b/1b 2560 $309,000
5235 Oakridge Detached 3b/2.1b 1576 $324,900
5354 Lower Dr Detached 3b/1b 1565 $339,000
4761 LaMont Detached 3b/2b 1816 $379,900
4051 Virginia Way Detached 3b/2.1b 1658 $389,500
7050 Childs Rd Detached 2b/2b 1693 $398,000
5051 Tualata Ln Detached 4b/2b 1591 $409,900
18978 Indian Spring Cir Detached 3b/2b 1900 $414,900
1265 Rockinghorse Ln Detached 4b/3b 2402 $444,000
6109 Summer Woods Detached 4b/2.1b 2331 $449,000
1307 Cedar St Detached 4b/3b 2054 $459,900
111 3rd St Condo 2b/2b 1206 $474,900
8 Hotspur Detached 3b/2.1b 1966 $475,000
785 5th St Detached 3b/2b 2208 $480,000
805 Country Club Rd Detached 5b/2b 2722 $489,900
1009 Cumberland Pl Detached 4b/3b 2294 $525,000
19664 River Run Detached 2b/2.1b 3051 $559,900
17784 Treetop Detached 4b/3b 3468 $599,900
4676 Winthrop Ct Detached 4b/2.1b 3112 $639,900
18212 indian Creek Dr Detached 4b/2.1b 2313 $649,000
17141 Wall St. Detached 4b/3b 3540 $699,500
615 Lake Bay Ct Detached 3b/3b 2542 $699,900
19285 Megly Ct Detached 4b/2.1b 2587 $699,900
19263 Megly Ct Detached 4b/2.1b 2743 $749,900
2545 Dellwood Detached 5b/3.1b 3843 $809,900
19266 Megly Ct Detached 4b/2.1b 3025 $789,900
19245 Megly Ct Detached 4b/2.1b 2884 $789,900
4349 Lakeview Blvd Detached 3b/3b 3678 $849,000
5435 Washington Ct Detached 4b/3.1b 3323 $849,900
772 8th St Detached 4b/2.1b 3161 $899,000
17649 Woodhurst Pl Detached 5b/4.1b 5793 $899,000
3030 Westview Ct Detached 4b/2.1b 3415 $959,000
18094 Pilkington Detached 4b/3/1b 3509 $999,000
17600 Upper Cherry Detached 4b/3.1b 3867 $1,299,000
18990 Barton Rd Detached 4b/3.2b 4592 $1,369,000
2809 Arrowhead Ct Detached 3b/3b 2624 $1,699,000
18735 Bryant Rd Detached 4b/3.1b 5597 $1,750,000
3114 Douglas Circle Detached 4b/4b 5465 $2,195,000
670 Iron Mntn Blvd Detached 4b/3.2b 5208 $2,250,000
333 Northshore Rd Detached 4b/4.1b 4998 $2,650,000
3530 Lakeview Blvd Detached 4b/3.1b 4200 $2,950,000

Pending Sales

Address Type bed/bath Sq. Ft. List Price DOM Original Price

4 Touchstone Condo 2b/2b 984 $115,000 42 $125,000
44 Eaglecrest #11 Condo 3b/2b 1085 $148,700 31 $154,900
5478 Tualata Detached 3b/2b 1200 $279,000 122 $330,000
16651 Lake Forest Detached 3b/1b $1,230 $207,000 59 $350,000
4 Othello Detached 4b/3b 2184 $434,900 9 $434,900
5453 Willow Ct Detached 3b/2.1b 2400 $449,000 146 $495,000
600 Maple St Detached 4b/2.1b 2422 $499,000 126 $529,000
2584 Park Rd Detached 4b/2b 2302 $524,900 229 $679,000
435 8th St. Detached 4b/3.1b 2505 $649,900 565 $929,000
104 3rd St Detached 2b/2b 1151 $1,050,000 15 $1,050,000

Closed Sales

Address Type bed/bath Sq. Ft. Sales Price DOM Original Price

4000 Carman #35 Condo 2b/2b 869 $135,000 22 $149,900
3680 Spring Ln 2B Condo 2b/2.1b 1152 $187,000 220 $219,000
595 6th St Detached 3b/1b 1520 $257,050 40 $314,800
22 Condolea Dr Condo 2b/2b 1454 $275,000 36 $339,900
2870 Park Rd Detached 4b/2.1b 2380 $396,000 4 $379,900
13340 Auburn Ct Attached 3b/2.1b 2451 $485,000 222 $559,900
1012 Andrews Rd Detached 3b/2b 2246 $495,000 133 $590,800
16 Northview Ct Attached 4b/3.1b 2962 $495,000 419 $599,900
3240 Upper Dr Detached 4b/2.1b 3410 $712,500 56 $749,950
114 3rd St Detached 2b/1b 1140 $730,000 19 $750,000
17760 Lake Haven Dr Detached 4b/2.1b 2051 $800,000 224 $1,169,000

Thank you for your patience while we work out a couple of software issues. We hope to have our Market Action Report back in fine form ASAP.

Lake Oswego Real Estate Activity – October 13-19, 2008

More properties opened or closed escrow last week than entered the market as new listings. Here is your weekly fix of Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 13—October 19, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
47 EAGLE CREST DR
$105,000
1
1
672
CONDO
10/17
4000 CARMAN DR
$149,900
2
2
870
CONDO
10/15
36 CERVANTES CIR
$189,000
2
1.1
912
CONDO
10/14
3433 MCNARY PARKWAY
$189,900
2
2.1
1,208
CONDO
10/12
195 OSWEGO SMT
$279,900
2
2
1,506
CONDO
10/16
4320 SUNSET DR
$310,000
3
1.1
1,399
DETACHD
10/15
18728 KRISTI WAY
$315,000
3
1
1,095
DETACHD
10/14
4211 WOODSIDE CIR
$325,000
3
2
1,688
CONDO
10/13
4861 LAMONT WAY
$339,900
3
2
1,440
DETACHD
10/14
1685 MAPLELEAF RD
$365,000
3
2
1,433
DETACHD
10/12
1685 CLOVERLEAF RD
$369,000
3
2.1
1,722
DETACHD
10/14
16006 KIMBALL AVE
$465,000
3
2
1,800
RES-MFG
10/12
684 2ND ST
$574,056
3
2.1
1,406
ATTACHD
10/12
696 2ND ST
$588,336
3
2.1
1,473
ATTACHD
10/12
3254 DUNCAN DR
$624,900
5
3.1
3,997
DETACHD
10/14
4691 CHELSEA LN
$629,900
4
2.1
3,102
DETACHD
10/15
672 2ND ST
$714,000
3
2.1
1,779
ATTACHD
10/12
401 ASH ST
$825,000
5
4
5,320
DETACHD
10/12
17177 OLD RIVER DR
$1,050,000
3
3.1
3,129
DETACHD
10/16
1913 CHERYL CT
$1,499,900
4
4.1
5,791
DETACHD
10/18

PENDING SALES (October 13—October 19, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
595 6TH ST
$314,800
3
1
1,520
DETACHD
24
2870 PARK RD
$379,900
4
2.1
2,380
DETACHD
4
5562 ROYAL OAKS DR.
$494,500
4
2.1
2,342
DETACHD
229
13340 AUBURN CT
$495,000
3
2.1
2,451
ATTACHD
222
16 NORTHVIEW CT
$550,000
4
3.1
2,962
ATTACHD
419
1837 CEDAR CT
$599,900
5
3
2,625
DETACHD
250
5698 LA MESA CT
$619,900
4
2.1
2,652
DETACHD
114
4076 COLTSFOOT LN
$622,000
4
3.1
3,882
DETACHD
126
4064 ORCHARD DR
$699,900
4
2.1
3,600
DETACHD
362
5384 Washington CT
$769,900
4
3.1
3,246
DETACHD
415
2680 GLEN EAGLES RD
$999,000
3
3
3,000
DETACHD
405
13701 SW KNAUS RD
$1,199,000
5
4.1
5,730
DETACHD
219

SOLD (October 6—October 13, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
86 KINGSGATE RD
$185,000
$155,000
2
2
938
CONDO
127
86 KINGSGATE RD
$179,900
$171,500
2
2
924
CONDO
60
5225 JEAN RD
$239,900
$232,000
3
2
1,500
CONDO
6
8 BRITTEN CT
$265,000
$240,000
2
2
1,175
ATTACHD
86
28 GREENRIDGE CT
$294,499
$267,000
2
1.1
1,900
ATTACHD
122
2751 SUMMIT DR
$565,900
$389,900
3
2
2,278
DETACHD
396
1123 ERICKSON ST
$620,000
$460,000
4
3
2,893
DETACHD
166
107 3RD ST
$495,000
$470,000
3
2
1,204
CONDO
29
10 GROUSE TER
$528,900
$520,000
4
3.1
3,462
DETACHD
46
17577 BLUE HERON CT
$549,000
$522,438
5
3
2,980
DETACHD
132
858 10TH ST
$639,000
$623,000
3
2.1
2,205
DETACHD
95
5853 SOUTHWOOD DR
$789,900
$630,000
5
2.1
3,707
DETACHD
314
5647 BAY CREEK DR
$665,000
$640,000
5
2.1
3,000
DETACHD
15
14027 CHELSEA DR
$799,000
$660,000
4
2.1
3,092
DETACHD
301
5287 LANGFORD LN
$799,500
$715,000
3
2.1
2,951
DETACHD
452

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 – September 22-28, 2008

Real estate activity in Lake Oswego is experiencing a late summer/early fall resurgence as 24 new properties come on the market last week, while 8 homes go sale pending and 12 houses close escrow two weeks ago.

This little bump in transactions is similar to the Portland metro market as a whole, which I think will approach 70% of 2007’s activity level, as opposed to the 65% we’ve seen throughout the year.

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

NEWLY LISTED (September 22-28, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
181 OSWEGO SUMMIT
$214,900
2
2
1,383
CONDO
9/25
5101 JEAN RD
$295,000
3
1
1,012
DETACHD
9/21
3 THE GROTTO
$312,000
2
2
1,688
DETACHD
9/24
18881 PILKINGTON RD
$335,000
3
2
1,252
DETACHD
9/24
5142 ROSEWOOD ST
$339,900
4
2.1
1,784
DETACHD
9/21
57 GREENRIDGE CT
$349,900
2
2
1,314
ATTACHD
9/26
17304 MARJORIE AVE
$364,900
3
1.1
1,340
DETACHD
9/21
2638 GREENTREE RD
$399,900
4
2
2,373
DETACHD
9/23
12103 ORCHARD HILL WAY
$429,000
4
2.1
2,332
DETACHD
9/22
5562 ROYAL OAKS DR.
$494,500
4
2.1
2,342
DETACHD
9/23
18212 INDIAN CREEK DR
$649,000
4
2.1
2,313
DETACHD
9/25
18148 PIONEER CT
$799,000
5
3
3,542
DETACHD
9/27
2317 STONEHURST CT
$849,950
4
2.1
4,455
DETACHD
9/21
4378 Albert CIR
$899,000
3
3
3,735
DETACHD
9/24
17259 LOWENBERG TER
$939,900
4
2.1
2,955
DETACHD
9/23
1776 OAK ST
$1,125,000
4
3.1
4,012
DETACHD
9/22
2600 DELLWOOD DR
$1,149,000
4
3
3,690
DETACHD
9/23
17251 CEDAR RD
$1,229,900
3
2.1
3,175
DETACHD
9/23
13010 KNAUS RD
$1,249,500
4
3.1
4,312
DETACHD
9/22
13371 ATWATER LN
$1,499,000
4
3
4,795
DETACHD
9/22
260 PINE VALLEY RD
$1,650,000
4
3.1
3,900
DETACHD
9/21
3178 DOUGLAS CIR
$1,650,000
5
4.1
5,256
DETACHD
9/21
16771 MAPLE CIR
$1,850,000
3
3
2,074
DETACHD
9/23
2793 POPLAR WAY
$1,995,000
4
5.1
6,300
DETACHD
9/25

PENDING SALES (September 22-28, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
8 BRITTEN CT
$249,900
2
2
1,175
ATTACHD
86
5829 SW BENFIELD CT
$297,400
5
2.1
1,744
DETACHD
115
2751 SUMMIT DR
$389,900
3
2
2,278
DETACHD
396
10 GROUSE TER
$528,900
4
3.1
3,462
DETACHD
46
5474 BAY CREEK DR
$549,000
3
2.1
2,322
DETACHD
292
112 D AVE
$579,900
2
2.1
1,741
ATTACHD
253
18064 JENIFERS WAY
$749,000
4
2.1
2,859
DETACHD
131
4118 GLACIER LILY ST
$799,990
4
3.1
4,452
DETACHD
295

SOLD (September 15-21, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
35 CRESTFIELD CT
$150,000
$125,000
2
1
923
CONDO
75
44 EAGLE CREST DR
$159,000
$154,900
2
1
908
CONDO
28
1000 UPPER DEVON LN
$329,900
$375,000
3
2.1
2,872
DETACHD
19
12724 ALTO PARK RD
$700,000
$400,000
3
2
1,820
DETACHD
193
7 Del Prado ST
$469,900
$413,000
4
3
2,232
DETACHD
168
5207 COVENTRY CT
$525,000
$420,000
3
2
1,973
DETACHD
468
13332 VERMEER DR
$399,900
$425,000
4
3
2,382
DETACHD
30
27 BECKET ST
$619,000
$525,000
3
2
2,615
DETACHD
356
5677 GRAND OAKS DR
$649,900
$610,000
4
2.1
3,074
DETACHD
77
13268 DEERFIELD CT
$689,900
$634,000
4
2.1
2,895
DETACHD
49
4102 CHAD DR
$848,950
$650,000
4
2.1
3,054
DETACHD
103
5804 SUNCREEK DR
$769,000
$732,000
5
2.1
3,090
DETACHD
8

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 – August 25-31, 2008

Late August results for the Lake Oswego real estate market show a spark of market activity with 19 homes sale pending or closed in the past two weeks. We are seeing some significant discounting on some properties, highlighting a “buyer’s market” characteristic.

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

NEWLY LISTED (August 25 – 31, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4 TOUCHSTONE
$109,900
2
2
984
CONDO
8/24
5831 SEVILLE AVE
$199,900
2
1
1,320
DETACHD
8/24
52 GALEN ST
$209,900
2
2
995
CONDO
8/26
16790 LAKE FOREST BLVD
$275,000
2
1
780
DETACHD
8/26
14401 SHERBROOK PL
$389,500
3
2.1
1,828
DETACHD
8/24
6291 SW HARRINGTON AVE
$399,900
3
2
1,472
DETACHD
8/25
1695 MEADOWS DR
$407,500
4
3
2,185
ATTACHD
8/26
1509 HEMLOCK ST
$419,000
4
3
2,310
DETACHD
8/28
14588 WILMOT WAY
$429,900
5
3
2,238
DETACHD
8/27
4760 LOWER DR
$435,000
3
3
3,252
DETACHD
8/27
5228 COVENTRY CT
$480,000
4
2.1
2,382
DETACHD
8/24
5474 BAY CREEK DR
$549,000
3
2.1
2,322
DETACHD
8/26
3721 TEMPEST DR
$549,900
3
2.1
2,572
DETACHD
8/30
17 CELLINI CT
$595,000
5
3.1
3,113
DETACHD
8/26
56 SPINOSA
$599,000
4
3.1
3,808
DETACHD
8/24
16373 BONAIRE AVE
$649,000
3
2.1
2,400
DETACHD
8/25
805 COUNTRY CLUB RD
$649,900
2
2
2,722
DETACHD
8/25
4676 WINTHROP CT
$649,900
4
2.1
3,112
DETACHD
8/27
569 7TH ST
$699,900
2
4
3,186
DETACHD
8/26
24 INDEPENDENCE AVE
$714,900
6
3.1
3,676
DETACHD
8/26
17890 KELOK RD
$749,000
4
2.1
3,023
DETACHD
8/28
15422 BOONES WAY
$879,000
4
2.1
2,694
ATTACHD
8/29
1272 SW ZIVNEY LN
$942,000
5
3
2,658
DETACHD
8/24
17649 WOODHURST PL
$1,275,000
5
4.1
5,793
DETACHD
8/25

PENDING SALES (August 25 – 31, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
4821 SW MADRONA ST
$130,000
1
1
360
DETACHD
71
44 EAGLE CREST DR
$154,900
2
1
908
CONDO
28
3101 MCNARY PKWY
$264,700
3
2.1
1,992
CONDO
408
819 BOCA RATAN DR
$299,900
3
3
3,282
DETACHD
270
1000 UPPER DEVON LN
$329,900
3
2.1
2,872
DETACHD
19
2955 WEMBLEY PARK RD
$448,000
4
2
2,620
DETACHD
140
5677 GRAND OAKS DR
$629,900
4
2.1
3,074
DETACHD
77
4256 LAKEVIEW BLVD
$995,000
3
3.1
3,117
DETACHD
436
17257 BRYANT RD
$1,169,900
5
3.2
4,789
DETACHD
381
2200 PRESTWICK RD
$1,200,000
4
2.2
3,356
DETACHD
133
1175 LAKE SHORE RD
$1,579,000
3
3.1
2,878
DETACHD
124

SOLD (August 18 – 24, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
1528 CEDAR ST
$429,900
$328,000
3
1.1
2,015
DETACHD
184
791 2ND ST
$450,000
$350,000
2
1
1,032
DETACHD
148
16121 SW KIMBALL AVE
$399,900
$355,000
3
2
1,596
DETACHD
76
4284 WEST BAY RD
$439,900
$400,000
3
2
1,539
DETACHD
62
1210 WELLS ST
$450,000
$455,000
5
3.1
4,494
DETACHD
16
310 DURHAM ST
$549,000
$505,000
3
2.1
1,940
ATTACHD
30
14062 CHELSEA DR
$729,000
$650,000
4
2.1
2,974
DETACHD
68
18263 ANDUIN TER
$795,000
$700,000
4
2.1
3,103
DETACHD
359

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.