July 4th Weekend ~ Sunday Open Houses!

July 4We hope you’ve been enjoying this 4th of July holiday. What a gorgeous weekend to look for that perfect “one”!   …Your new home that is : )

Dianne and I are running around with our clients as usual, but are never too busy for our Property Blotter readers!  As always, we’re here to help you if you are not working with a Realtor and need some assistance in Lake Oswego.

Below you’ll find a fine line-up of homes on tour Sunday according to RMLS.

Enjoy!

Address L/Price # Beds # Bath Total SF Open
4000 CARMAN DR #60 $155,000 2 2 866 1-3PM
45 EAGLE CREST DR #119 $179,900 3 2 1348 1-4PM
4105 JEFFERSON PKWY $215,000 2 2.1 1359 12-2PM
4956 GALEN ST $419,000 3 2.1 2431 1-3PM
837 COUNTRY CLUB RD $425,000 4 3 1750 2-4PM
31 WALKING WOODS DR $450,000 4 3 2889 1-3PM
20 WALKING WOODS DR $475,000 5 3 3144 1-3PM
17730 MARYLBROOK DR $525,000 3 2.1 2951 2-4PM
5272 TUALATA LN $549,000 4 3 2529 1-3PM
5555 FIELDSTONE CT $589,500 3 2.1 2664 12-3PM
5960 CLAIRMONT CT $685,000 4 2.1 3000 1-3PM
112 NORTHSHORE CIR $1,560,000 3 3.1 3632 11AM-4PM

Market Activity ~ June 17-23, 2013

Last week there were 35 New properties entering the market, 23 moving to Pending status, and 25 that “Closed”/Sold.
Here is the breakdown of activity according to RMLS:

NEW SALES (June 17-23, 2013):

Address List Price # Beds # Baths Total SF Prop Type
88 OSWEGO SMT #88 $109,900 1 1 764 CONDO
6930 MONTAUK CIR $129,000 2 1 924 CONDO
4 TOUCHSTONE DR #74 $153,000 3 2.1 1351 CONDO
247 CERVANTES $193,499 2 2 1384 CONDO
668 MCVEY AVE #46 $220,000 2 1 852 CONDO
17500 PILKINGTON RD $225,000 3 1 1050 DETACHD
4458 THUNDER VISTA LN $225,000 2 2.1 2200 CONDO
5311 CHINOOK CT $299,900 3 2 1488 DETACHD
1733 Kilkenny RD $349,000 3 1.1 1654 DETACHD
133 KINGSGATE RD $379,345 3 2.1 2132 DETACHD
1935 FERNWOOD DR $379,950 4 3 2100 DETACHD
600 TIPPECANOE CT $389,900 3 2 1812 DETACHD
464 LIVINGOOD LN $450,000 4 2.1 2584 DETACHD
31 WALKING WOODS DR $450,000 4 3 2889 DETACHD
33 SPINOSA $459,000 3 2.1 2250 DETACHD
980 CUMBERLAND PL $475,000 3 2 2791 DETACHD
1508 PINE ST $479,000 3 2.1 2300 DETACHD
16907 CHERRY CREST DR $499,000 5 3.1 3480 DETACHD
9 BERNINI CT $515,000 3 2.1 3166 DETACHD
87 ASH ST $519,000 3 2 2442 DETACHD
12 JUAREZ ST $579,000 4 3.2 3735 DETACHD
15930 TWIN FIR RD $669,000 3 2.1 2620 DETACHD
14370 UPLANDS DR $699,000 5 3 3036 DETACHD
2630 RIVENDELL RD $769,900 4 3.1 4611 DETACHD
17797 MARYLCREEK DR $775,000 3 4 3220 DETACHD
17692 WOODHURST PL $789,000 4 2.1 3890 DETACHD
5900 SUNCREEK DR $795,000 5 2.1 3736 DETACHD
5728 BAY CREEK DR $819,900 5 2.1 3567 DETACHD
17390 GRANDVIEW CT $989,999 4 4.2 4568 DETACHD
1057 BULLOCK ST $1,049,000 4 3.1 4617 DETACHD
792 5TH ST $1,195,000 4 4.1 4379 DETACHD
17809 KELOK RD $1,249,000 5 3.1 3700 DETACHD
706 MCVEY AVE $1,495,000 4 3.1 3113 DETACHD
18320 MEADOWLARK LN $1,599,000 4 4.2 6053 DETACHD

PENDING SALES (June 17-23, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE #14 $119,900 1 1 636 CONDO 2
4417 THUNDER VISTA LN $179,000 2 2.1 1455 CONDO 116
19350 MARLIN AVE $208,000 3 1 1067 DETACHD 466
6338 WASHINGTON CT $349,900 3 1.1 1558 DETACHD 2
17614 SCHALIT WAY $350,000 3 2 1561 DETACHD 5
14446 Holly springs RD $379,000 3 2.1 1699 DETACHD 67
5490 ROYAL OAKS DR $449,900 3 2 1761 DETACHD 1
14371 SHERBROOK PL $450,000 3 2.1 2550 DETACHD 67
18740 WOOD DUCK CIR $489,000 3 2 2535 DETACHD 8
4663 BLACK FOREST CT $499,000 4 2.1 2168 DETACHD 20
3500 LANEWOOD ST $499,900 3 2.1 2217 DETACHD 3
3653 TEMPEST DR $500,000 4 2.1 3114 DETACHD 4
13005 ROGERS RD $549,900 3 2.2 2917 DETACHD 55
1255 BAYBERRY RD $549,900 3 2 2140 DETACHD 155
14130 GABRIELLE CT $589,000 4 2.1 2877 DETACHD 12
1222 TIMBERLINE DR $649,900 4 3 3256 DETACHD 32
547 MIDDLECREST RD $730,000 2 2.1 1888 DETACHD 27
17903 UPPER CHERRY LN $897,000 4 2.1 3912 DETACHD 33
2965 TOLKIEN LN $949,800 4 2.1 4337 DETACHD 52
740 7TH ST $995,000 7 7 5431 DETACHD 0
15567 VILLAGE DR $1,295,000 4 4 5247 DETACHD 12
14460 UPLANDS DR $1,549,000 4 3.1 3989 DETACHD 276

SOLD (June 17-23, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #68 $112,500 $112,500 2 2 984 CONDO 6
200 BURNHAM RD #104 $115,000 $117,500 1 1 858 CONDO 56
4000 CARMAN DR #71 $120,000 $120,000 2 2 834 CONDO 1
45 EAGLE CREST DR #213 $139,900 $129,900 2 1.1 1056 CONDO 82
750 1ST ST #D24 $175,000 $154,000 2 2 1350 CONDO 335
16164 PARKER RD $269,900 $230,000 3 1 1080 DETACHD 282
4 SAINT HELENS CIR $299,000 $237,000 3 2 1617 DETACHD 11
1118 OAK ST $285,000 $272,500 3 1.1 1320 DETACHD 23
6109 SW BURMA RD $349,900 $315,000 3 2 1318 DETACHD 187
18410 INDIAN CREEK DR $324,000 $324,000 4 2 1739 DETACHD 6
15540 PARTRIDGE DR $419,900 $400,000 4 3 2203 DETACHD 14
3707 OLSON CT $405,000 $405,000 4 3 3026 DETACHD 0
618 5TH ST $475,000 $410,000 4 2.1 2320 DETACHD 201
22 OTHELLO ST $429,900 $429,900 3 2.1 2168 DETACHD 3
1701 HIGHLAND DR $499,900 $467,200 4 3 3126 DETACHD 66
3600 UPPER DR $469,900 $470,000 4 2 2755 DETACHD 1
2464 MARYLHAVEN PL $539,000 $530,000 4 2.1 2898 DETACHD 99
17363 GRANDVIEW CT $695,000 $610,000 3 3.1 4218 DETACHD 89
14350 MEADOW GRASS ST $674,900 $630,000 4 3 3329 DETACHD 43
1667 VILLAGE PARK LN $975,000 $812,500 5 3.1 5027 DETACHD 74
3729 ELEANOR CT $978,500 $950,000 4 4.1 4061 DETACHD 12
3933 EDENS EDGE DR $995,000 $995,000 4 3.1 4210 DETACHD 0
1947 SUMMIT DR $1,385,000 $1,335,000 5 5.1 5584 DETACHD 57
1000 ATWATER RD $1,700,000 $1,700,000 5 4.2 6391 DETACHD 0

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

Well, hopefully you’re not getting tired of hearing about how the market is trending upward!

According to the RMLS Market Action Report for the Portland Metro Area May, 2013:

  • At 2,682, Closed Sales were a 26.2% increase over April, and a 27.8% increase over May of 2012.
  • There were 3,833 New Listings in May. The last time this number was higher was July 2010 at 4,029.
  • The Average Sale Price in May was $316,900, up from $302,600 in April 2013.
  • Pending Sales (accepted offers) increased from April 2013, but only slightly from 2,942  to 2978 in May.

For our Property Blotter readers, the combined area of Lake Oswego and West Linn also reported fantastic numbers:

    • 480 Active Listings
    • 252 New Listings
    • 188 Pending Sales
    • 154 Closed Sales
    • An average Sale Price of $474,700.
    • Average Time on the Market: 108 Days

Market Activity ~ June 3-9, 2013

Last week there were 27 New properties entering the market, 30 moving to Pending status, and 13 that “Closed”/Sold.
Here is the breakdown of activity according to RMLS:

NEW SALES (June 3-9, 2013):

Address List Price # Beds # Baths Total SF Prop Type
36 OSWEGO SUMMIT $139,900 2 2 1140 CONDO
4 TOUCHSTONE #147 $165,000 3 2.1 1351 CONDO
5836 SW LAKEVIEW CT $195,000 3 1 1296 DETACHD
6053 FERNBROOK ST $317,900 3 1 912 DETACHD
908 CUMBERLAND PL $449,500 4 3 2715 DETACHD
13008 ROGERS RD $499,000 4 2.1 2448 DETACHD
10 JUAREZ ST $525,000 3 2.1 3740 DETACHD
2195 GLENMORRIE LN $534,900 3 2 2461 DETACHD
17730 MARYLBROOK DR $539,000 3 2.1 2951 DETACHD
134 DEL PRADO ST $569,000 5 3 3600 DETACHD
5 ABELARD ST $569,000 4 3 4660 DETACHD
11 TANGLEWOOD DR $578,950 4 3 3148 DETACHD
14130 GABRIELLE CT $589,000 4 2.1 2877 DETACHD
1015 SOUTHSHORE BLVD $650,000 4 3 3882 DETACHD
5710 CHARLES CIR $668,000 4 2.1 3061 DETACHD
18217 DELENKA LN $689,000 4 3 4171 DETACHD
5960 CLAIRMONT CT $715,000 4 2.1 3000 DETACHD
3015 ROYCE WAY $719,000 5 3.1 4081 DETACHD
639 CARRERA LN $979,000 5 3.1 4305 DETACHD
235 FURNACE ST $1,150,000 4 3.1 4042 DETACHD
1221 FOREST MEADOWS WAY $1,200,000 3 3 4150 DETACHD
17323 BERGIS FARM DR $1,280,000 4 3.2 4297 DETACHD
15567 VILLAGE DR $1,295,000 4 4 5247 DETACHD
853 D AVE $1,350,000 4 3.1 4710 DETACHD
18820 GREENBLUFF DR $1,375,000 4 4.1 5382 DETACHD
4153 WESTBAY RD $1,425,000 4 3.1 3374 DETACHD
1793 ATHERTON DR $1,595,000 4 5 6500 DETACHD

PENDING SALES (June 3-9, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
52 OSWEGO SMT $59,900 1 1 700 CONDO 82
44 EAGLE CREST DR #17 $70,000 1 1 798 CONDO 10
200 BURNHAM RD #104 $115,000 1 1 858 CONDO 56
206 CERVANTES $139,000 2 1.1 890 CONDO 1
15472 BRIANNE CT $239,000 2 2.1 1208 ATTACHD 50
4302 BOTTICELLI ST #2 $239,000 3 3.1 2298 CONDO 21
8 WHEATHERSTONE $309,000 3 2.1 1692 CONDO 2
3686 Lake Grove AVE $319,900 3 2 1300 DETACHD 352
19135 REDWING CT $320,000 4 2 1326 DETACHD 4
17380 MARJORIE AVE $359,000 4 2 1810 DETACHD 6
534 2ND ST $375,000 2 2.1 1394 CONDO 5
14414 ORCHARD SPRINGS RD $379,900 4 2.1 1890 DETACHD 72
5915 BURMA RD $379,900 5 3 3891 DETACHD 20
18357 HEATHER ANN CT $399,900 3 2 1832 DETACHD 58
342 LIVINGOOD LN $400,000 4 2.1 2384 DETACHD 5
1550 BEDFORD CT $409,900 2 2.1 2359 DETACHD 4
3140 ROYCE WAY $429,900 3 2 1923 DETACHD 2
805 HEMLOCK ST $474,900 4 3 2491 DETACHD 34
17742 MARYLCREEK DR $475,000 4 2.1 2494 DETACHD 4
2011 RIDGEWOOD LN $549,000 5 3.1 3012 DETACHD 23
12994 SIERRA VISTA DR $564,500 4 3.1 3824 DETACHD 430
18255 TAMAWAY DR $649,000 4 2.1 3457 DETACHD 28
12442 SW 22ND AVE $773,750 4 3.1 3834 DETACHD 3
5507 BAY CREEK DR $799,900 5 3.1 3900 DETACHD 7
215 CHANDLER PL $875,000 3 2.1 3118 DETACHD 24
17903 UPPER CHERRY LN $924,000 4 2.1 3912 DETACHD 18
16545 MAPLE CIR $1,395,000 3 3.1 3800 DETACHD 233
16743 GRAEF CIR $1,495,000 4 2.1 3772 DETACHD 362
1607 LAKE FRONT RD $1,649,000 4 4 4012 DETACHD 376
910 NORTHSHORE RD $3,595,000 4 6.1 5203 DETACHD 366

SOLD (June 3-9, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #23 $109,000 $105,500 2 2 866 CONDO 2
218 RIDGEWAY RD $110,000 $135,000 2 1 914 CONDO 415
1240 CEDAR ST $244,900 $246,000 3 1 1044 DETACHD 2
1330 HEMLOCK ST $285,000 $296,000 3 1 2730 DETACHD 49
5686 WASHINGTON CT $290,000 $310,000 2 2 1342 DETACHD 9
15442 PARTRIDGE DR $329,900 $335,000 4 2.1 2100 DETACHD 42
497 LIVINGOOD LN $390,000 $350,000 3 2.1 2144 DETACHD 87
13242 VERMEER DR $408,000 $412,000 3 2.1 2100 DETACHD 8
15939 TWIN FIR RD $499,900 $475,000 3 2 2480 DETACHD 483
828 ELLIS AVE $599,000 $599,000 3 2 2145 DETACHD 1
5678 CHARLES CIR $675,000 $645,000 4 4 3485 DETACHD 0
2400 CHILDS RD $839,900 $825,000 3 2.1 3400 DETACHD 14
4398 Lakeview BLVD $1,650,000 $1,650,000 3 3.1 3309 DETACHD 0

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Featured Property

Marjorie 021Marjorie 004Marjorie 002Marjorie 015I’d like to introduce you to my new listing in Lake Oswego at 17380 Marjorie Ave. Located in the heart of Palisades, this house enjoys a fantastic, very large lot. The big, grassy backyard is perfect for play and active living. The house was built in 1960, but has had quite a lot of recent updating. Recent improvements include: roof, gutters, electric panel, furnace, windows, exterior paint, and carpet. There are 4 bedrooms and 2 full baths. While the master does not have a bath attached, the bath that is closest to the master has a jetted tub. Both baths have been updated, as has the kitchen with newer cabinets and a gas range.

Priced at $359,000, it is easily the best value currently available in Palisades. To get further information or to make an appointment to see the interior, this weekend please call Linda Rossi at 501-318-2116.

Dianne

Market Activity ~ May 20-26, 2013

Last week there were 18 New properties entering the market, 21 moving to Pending status, and 10 that “Closed”/Sold.
Here is the breakdown of activity according to RMLS:

NEW SALES (May 20-26, 2013):

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #17 $70,000 1 1 798 CONDO
15471 BRIANNE CT $225,000 2 2.1 1204 ATTACHD
12826 BOONES FERRY RD $269,900 2 2.1 1398 CONDO
16291 LAKE FOREST BLVD $269,950 2 1 762 DETACHD
730 SW BRIERCLIFF LN $465,000 5 3 3275 DETACHD
16976 CHERRY CREST DR $510,000 4 2.1 2655 DETACHD
4078 MELISSA DR $535,000 4 2.1 2691 DETACHD
628 LAKE BAY CT $639,000 3 2 1729 DETACHD
1222 TIMBERLINE DR $649,900 4 3 3256 DETACHD
5780 CHILDS RD $669,000 5 2 2770 DETACHD
17920 SARAH HILL LN $789,900 4 3 2459 DETACHD
2719 RIVENDELL RD $799,000 4 2.1 3554 DETACHD
17903 UPPER CHERRY LN $924,000 4 2.1 3912 DETACHD
18187 SIENA DR $978,950 4 3.1 3745 DETACHD
618 ATWATER RD $995,000 6 3.2 5139 DETACHD
616 ATWATER RD $1,050,000 4 3.1 5558 DETACHD
1131 NORTHSHORE RD $1,280,000 4 3 3850 DETACHD
199 FURNACE ST -Upper $1,950,000 3 3.1 5772 CONDO

PENDING SALES (May 20-26, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE DR #46 $108,000 2 2 979 CONDO 15
572 S STATE ST $144,921 2 1 914 CONDO 82
10 WALKING WOODS DR $285,000 3 2.1 2194 DETACHD 602
19060 INDIAN SPRINGS CIR $349,900 3 2 1355 DETACHD 47
886 9TH ST $360,000 2 1 860 DETACHD 2
5745 SW WINDFIELD LOOP $369,900 3 2.1 1885 DETACHD 12
1129 CHERRY LN $379,900 4 2.1 2421 DETACHD 10
1257 HALLINAN CIR $385,000 4 2.1 2548 DETACHD 24
1745 MAPLELEAF RD $389,900 3 2 1518 DETACHD 6
9 MASARYK ST $415,000 3 3 2692 DETACHD 66
16147 LAKE FOREST BLVD $459,500 4 3 2889 DETACHD 11
343 3RD ST $469,500 3 3.1 1959 ATTACHD 8
12 MONTICELLO DR $499,000 4 2.1 3658 DETACHD 7
20 CELLINI CT $594,000 4 3 2876 DETACHD 4
4137 ORCHARD WAY $599,900 5 2.1 3329 DETACHD 39
5678 CHARLES CIR $675,000 4 4 3485 DETACHD 0
557 2nd ST #205 $680,000 2 2.1 1833 CONDO 63
13624 PROVINCIAL HILL WAY $699,900 4 2.1 3704 DETACHD 284
5384 WASHINGTON CT $699,900 4 3.1 3228 DETACHD 43
17485 BROOKHURST DR $749,500 4 3.1 4550 DETACHD 37
17340 CARDINAL DR $865,000 4 3 3417 DETACHD 120

SOLD (May 20-26, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
66 OSWEGO SMT $74,900 $69,900 1 1 764 CONDO 12
206 OSWEGO SMT $200,000 $160,000 2 2 1506 CONDO 71
18917 REDWING WAY $324,900 $330,000 3 1.1 1440 DETACHD 3
5753 WINDFIELD LOOP $330,000 $335,000 3 2 1503 DETACHD 3
3192 DUNCAN DR $429,900 $385,000 5 2.1 3139 DETACHD 406
18123 WESTVIEW DR $459,000 $466,500 3 2.1 2608 DETACHD 11
5498 ROYAL OAKS DR $550,000 $550,000 4 2.1 2646 DETACHD 13
17065 Tualatin ST $578,950 $578,000 3 2.1 2733 DETACHD
19310 RIVERWOOD LN Lt9W $639,900 $625,000 5 4 3110 DETACHD 99
17337 BERGIS FARM DR $1,300,000 $1,290,000 4 3.2 4810 DETACHD 1

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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

LO Open Houses ~ May 26, 2-13

Enjoy your Memorial Day Weekend…. Here are 13 homes that will be held Open on Sunday:

Address L/Price # Beds # Baths Total SF Open
5056 FOOTHILLS DR #D $259,000 2 2 1252 1-3PM
12826 BOONES FERRY RD $269,900 2 2.1 1398 1-3PM
5895 BURMA RD $334,900 4 2.1 1781 1-4PM
8 HOTSPUR ST $440,000 3 2.1 1954 1-4PM
14371 SHERBROOK PL $467,500 3 2.1 2550 1-3PM
6 JUAREZ ST $579,000 4 3.1 3865 1-3PM
4102 CHAD DR $614,950 4 2.1 2987 1-3PM
19201 MAREE CT $699,000 5 2.1 4070 12:30-2:30PM
1541 MAPLE ST $699,900 4 4 3215 12-2PM
17903 UPPER CHERRY LN $924,000 4 2.1 3912 2-4PM
5320 CHILDS RD $989,300 5 3 4539 1-3PM
18520 DELENKA LN $1,299,000 4 4 5986 1:30-4PM
112 NORTHSHORE CIR $1,585,000 3 3.1 3632 11AM-4PM

News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

Someone flipped a switch around mid-late December, and it’s been nothing but “up” for the Portland real estate market ever since!  You’ve probably noticed, (unless it’s just the circles I run in : ) it’s been the topic on everyone’s lips for months… and doesn’t appear to show signs of slowing down or giving up the spotlight any time soon.

According to the RMLS Market Action Report for the Portland Metro Area April, 2013:

  • At 2,125, Closed Sales were a 9.8% increase over March, and a 16.6% increase over April of 2012.
  • There were 3,623 New Listings, which is an increase of 20.7% over March 2013.
  • The Average Sale Price in April was $302,600, up from $299,000 in March 2013.
  • Pending Sales (accepted offers) increased from March 2013 by 11.9% to 2,942.

For our Property Blotter readers, the combined area of Lake Oswego and West Linn also reported fantastic numbers:

    • 466 Active Listings
    • 252 New Listings
    • 160 Pending Sales
    • 113 Closed Sales
    • An average Sale Price of $448,600.
    • Average Time on the Market: 118 Days

Market Activity ~ May 6-12, 2013

FamilyI think Dianne said it best last week…. real estate has become fun again! People are pursuing their dreams… upsizing, downsizing, moving closer to work, getting that backyard gardening space or that basement they’ve always wanted… and getting that interest rate they’ve always wanted too! : ) It’s really fun for us to be a part of helping those things to happen. Not that there aren’t challenges, and people still fighting through those (we like helping these people too), but the general market “feeling” is on the upswing.

Last week there were 20 New properties going on the market in Lake Oswego, 27 that went to Pending status, and 16 that Sold/Closed.

Here are further details regarding last week’s Market Activity according to RMLS:

NEW SALES (May 6-12, 2013):

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE DR #146 $108,000 2 2 979 CONDO
11 Oswego Summit #11 $149,000 2 2 1212 CONDO
88 KINGSGATE RD $299,500 3 2.1 1675 DETACHD
18410 INDIAN CREEK DR $324,000 4 2 1739 DETACHD
85 LAUREL ST $360,000 4 3 2820 DETACHD
5745 SW WINDFIELD LOOP $369,900 3 2.1 1885 DETACHD
31 NOVA CT $423,000 4 2.1 2106 DETACHD
42 SPINOSA $439,900 3 2.1 2056 DETACHD
16147 LAKE FOREST BLVD $459,500 4 3 2889 DETACHD
15 SPINOSA $459,900 3 3 2300 DETACHD
18207 WESTMINSTER DR $489,000 4 2.1 2258 DETACHD
2250 PARK RD $554,000 3 2 2041 DETACHD
15988 WHITE OAKS DR $575,000 4 2.1 2854 DETACHD
6 JUAREZ ST $579,000 4 3.1 3865 DETACHD
5880 MEADOWCREEK CT $625,000 3 2.1 2905 DETACHD
18255 TAMAWAY DR $649,000 4 2.1 3457 DETACHD
1941 WOODLAND TER $699,000 4 3 3684 DETACHD
19233 INDIAN SPRINGS RD $769,900 4 4.1 3423 DETACHD
1505 LAKE FRONT RD $2,250,000 4 3.1 4927 DETACHD
13599 Knaus RD $2,699,000 5 7 6874 DETACHD

PENDING SALES (May 6-12, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE #44 $104,900 1 1 636 CONDO 230
4000 CARMAN DR #71 $120,000 2 2 834 CONDO 1
750 1ST ST D24 $165,000 2 2 1350 CONDO 335
1755 KILKENNY RD $275,000 3 1 1725 DETACHD 10
1330 HEMLOCK ST $285,000 3 1 2730 DETACHD 49
1425 GREENTREE CIR $339,000 3 2 1809 DETACHD 8
4664 FIRWOOD RD $349,900 3 2 1665 DETACHD 2
6109 SW BURMA RD $349,900 3 2 1318 DETACHD 187
536 2ND ST $379,000 2 2.1 1394 CONDO 13
1257 HALLINAN CIR $385,000 4 2.1 2548 DETACHD 9
17866 LAKE HAVEN DR $410,000 4 2.1 2078 DETACHD 3
15540 PARTRIDGE DR $419,900 4 3 2203 DETACHD 14
1407 GREENTREE CIR $439,000 4 2.1 2201 DETACHD 8
1952 PARK FOREST AVE $444,900 5 3 2856 DETACHD 28
14520 RAINBOW DR $445,500 4 2 2405 DETACHD 49
3600 UPPER DR $469,900 4 2 2755 DETACHD 1
1525 MAPLE ST $489,000 4 3 2800 DETACHD 5
13276 DEERFIELD CT $499,000 4 2.1 3066 DETACHD 60
2464 MARYLHAVEN PL $529,900 4 2.1 2898 DETACHD 99
12723 ADRIAN CT $559,950 4 3 3219 DETACHD 35
32 HILLSHIRE DR $589,900 4 2.1 3605 DETACHD 68
135 MIDDLECREST RD $599,000 3 2.1 2882 DETACHD 302
14120 REDWOOD CT $619,000 4 2.1 2755 DETACHD 88
2002 CEDAR CT $659,000 3 2 2945 DETACHD 20
2643 SW RIVENDELL RD $727,000 5 3.1 3466 DETACHD 4
17625 WOODHURST PL $949,000 4 4.1 4197 DETACHD 206
17152 CEDAR RD $1,197,500 4 2.1 3034 DETACHD 35

SOLD (May 6-12, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
5813 SW KENNYCROFT WAY $222,000 $208,000 3 1 1182 DETACHD 3
21 GREENRIDGE CT $260,000 $250,000 3 1.1 1815 CONDO 141
16232 BONAIRE AVE $279,900 $280,000 4 2.1 1792 DETACHD 17
821 EVERGREEN RD $394,900 $401,972 2 1 920 DETACHD 10
14221 DOLPH CT $465,000 $463,000 3 2.1 2100 DETACHD 2
13437 PROVINCIAL HILL WAY $579,900 $565,000 4 2.1 2833 DETACHD 38
318 NORTHSHORE RD $575,000 $575,000 3 2.1 2735 DETACHD 1
2960 WEMBLEY PARK RD $695,000 $660,000 4 2.1 2000 DETACHD 252
3315 CEDAR CT $744,000 $730,000 4 3.1 3712 DETACHD 46
4190 CHAD DR $749,500 $749,500 4 3.1 3756 DETACHD 18
1301 HORSESHOE CURV $795,000 $825,000 3 3 2060 DETACHD 3
3115 Wembley Park RD $895,000 $870,000 4 3.1 3600 DETACHD 523
17642 UPPER CHERRY LN $1,085,000 $949,000 4 3.1 3806 DETACHD 561
17225 KELOK RD $1,195,000 $1,195,000 4 3.1 4357 DETACHD 474
13060 KNAUS RD $1,299,000 $1,200,000 4 3.1 4353 DETACHD 264
1677 LESLIE LN $1,840,000 $1,750,000 4 6.1 7534 DETACHD 364

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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

News & Notes ~ Happenings & Market Data

  • Oswego-LakeDuring the period of May 15th and August 31st, Lake Oswego Police will be conducting undercover operations using decoys to determine whether establishments are serving alcohol to underage individuals.  Lake Oswego is being proactive in implementing this program to circumvent alcohol-related incidents involving minors in Lake Oswego.  According to the Dept of Health & Human Services and the Center for Disease Control and Prevention: Underage alcohol use is a major public health problem. Alcohol is the most commonly used drug in the United States, more than tobacco and illicit drugs, and is responsible for 4,700 deaths of underage persons annually.
  • The 37th Annual “Lake Run” will be held in Lake Oswego on Saturday, May 11th. There will be a kids dash, a 5k for walkers or runners, and a 10k challenge with an “improved new route”.  This event draws thousands every year.  Come enjoy the fun in Millenium Plaza Park with entertainment, lots of great food, and exposition booths.  For more information CLICK HERE.
  • The 2013 Community Survey results show, among other things, that:

* Overall, residents rate the city 8.6 on a 10-point scale, so satisfaction is high as “a place to live”.

* Residents let their “grade” for satisfaction with local government slip to 3.3 on a 5-point scale.  (This is down .1 since 2010, and .5 since 2005)

* 52%, a majority, agree that the city makes efficient use of tax dollars.

* As for the most popular sources of information, 63% of Lake Oswego residents get their information from the Lake Oswego Review and 58% from the Hello LO newsletter among other publications.

* For the detailed report CLICK HERE.

  • Here is a bit of data illustrating how Lake Oswego compares in context with the larger Portland market (you may want to zoom… sorry for the small-ish image…. interesting though, eh?):

Portland May 2013

***Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months (4/1/12-3/31/13) with the 12 months prior (4/1/11-3/31/12). Days on Market is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market