In Lake Oswego there were 17 New properties entering the market, 8 in Pending status, and 10 marked as Sold during the last week according to RMLS.
See below for further details:
NEWLY LISTED (Oct. 10-16, 2011)
| Address | Type | Price | Sq FT | BR | Baths |
| 4629 Lakeview Blvd C2 | Condo | $94,900 | 1178 | 2 | 2 |
| 203 Cervantes | Condo | $119,900 | 1100 | 2 | 2 |
| 16494 Inverurie Rd | Detached | $155,000 | 1064 | 3 | 1 |
| 247 Cervantes | Condo | $161,200 | 1384 | 2 | 2 |
| 5830 SW Burma Rd | Detached | $189,000 | 1186 | 3 | 1 |
| 5786 Washington Ct | Detached | $194,400 | 1876 | 3 | 2 |
| 19010 Longfellow Ave | Detached | $199,900 | 1732 | 3 | 1 |
| 135 Kingsgate Rd | Detached | $264,900 | 1720 | 3 | 2.5 |
| 765 Maple St | Detached | $380,000 | 1998 | 3 | 2 |
| 120 Condolea Dr #45 | Condo | $383,790 | 2958 | 3 | 3 |
| 4660 Black Forest Ct | Detached | $390,000 | 2157 | 4 | 2.5 |
| 13750 Shireva Dr | Detached | 399,900 | 3294 | 4 | 3 |
| 12 Yorick St | Detached | $416,000 | 2428 | 4 | 3.5 |
| 4367 Haven St | Detached | $578,000 | 3617 | 5 | 3.5 |
| 3000 Upper Dr | Detached | $695,000 | 2851 | 3 | 3 |
| 19363 SW Riverwood | Detached | $719,000 | 2984 | 4 | 3 |
| 1623 Glenmorrie Dr | Detached | $925,000 | 5894 | 5 | 4.5 |
PENDING SALES (Oct. 9-16, 2011)
| Address | Type | Price | Sq Ft | BR | Baths | CDOM |
| 99 Oswego Summit #99 | Condo | $89,900 | 1116 | 2 | 1.5 | 45 |
| 45 Eagle Crest Dr $508 | Condo | $169,000 | 1046 | 2 | 2 | 206 |
| 17025 Denney Ct | Detached | $209,900 | 1429 | 3 | 2 | 7 |
| 1674 Fircrest Dr | Detached | $249,500 | 1998 | 4 | 2 | 114 |
| 140 Touchstone Ct | Attached | $284,900 | 1964 | 3 | 2.5 | 8 |
| 15601 Manchester Dr | Detached | $424,000 | 3302 | 5 | 3.5 | 150 |
| 5428 Southwood Dr | Detached | $575,000 | 3302 | 4 | 3 | 172 |
| 427 9th St | Detached | $649,500 | 3250 | 5 | 3.5 | 123 |
SOLD (Oct. 10-16, 2011)
| Address | Orig. Price | Sold Price | Type | Sq Ft | CDOM |
| 3311 Fir Ridge Rd | $359,000 | $359,000 | Detached | 2112 | 91 |
| 4734 Lakeview Blvd | $439,950 | $366,500 | Detached | 2787 | 155 |
| 4677 Oakridge Rd Lt4 | $369,900 | $369,900 | Attached | 1738 | 97 |
| 4663 Trillium Woods Lt 9 | $433,275 | $418,275 | Attached | 2232 | 0 |
| 5842 Meadowcreek Ct | $449,900 | $440,000 | Detached | 2309 | 7 |
| 2235 Glen Haven Rd | $549,000 | $479,000 | Detached | 2778 | 714 |
| 5686 Charles Circle | $499,900 | $499,900 | Detached | 3246 | 6 |
| 4184 Sunset Dr | $569,000 | $500,000 | Detached | 2932 | 169 |
| 5035 Woodcrest Ln Lt 19 | $585,300 | $604,894 | Detached | 3174 | 0 |
| 5088 Woodcrest Ln | $599,900 | $607,500 | Detached | 3056 | 219 |
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
Changes in New Construction
Housing starts in new construction have always been a leading indicator of what is happening in the housing market. It can be a real roller coaster for builders. So I thought it would be interesting to compile some information that allows you to easily see what has happened to new construction in Lake Oswego in the years 2006-2011.
Here is a summary:
| Year | # Houses Sold | Low Price | High Price | Average Price | Square feet |
| 2006 | 30 | $449,900 | $1,980,000 | $1,068,000 | 3,743 |
| 2007 | 33 | $825,000 | $2,610,000 | $1,435,000 | 4,450 |
| 2008 | 11 | $670,000 | $1,815,000 | $990,000 | 3,746 |
| 2009 | 11 | $519,000 | $2,025,000 | $1,002,000 | 3,623 |
| 2010 | 13 | $510,000 | $1,115,000 | $697,000 | 3,635 |
| 2011 | 18 to date | $375,000 | $959,000 | $683,000 | 3,131 |
| 2011 Pending | 13 | $379,900 | $1,199,000 | $619,800 | 3,071 |
| Active | 39 | $379,950 | $3,400,000 | $662,000 | 2,924 |
It’s pretty incredible to see how heady things got in 2007. In just one year the average sales price went up from $1,068,000 to $1,435,000. And the size of the houses being built went from an average of 3743 square feet to 4450 square feet. I remember seeing million dollar mansions being built and sold as spec houses on Southshore! I have always been able to appreciate a big, gorgeous new house at top dollar if it also has a nice location and setting, but on a busy street? Even then it seemed crazy to me. But there is so little undeveloped land in Lake Oswego that the buyers were willing to buy on a busy street. The demand for large, luxury homes was that high.
Then the economy turned. Very few homes were built and sold 2008-2010.
What got me to thinking about writing on this topic is that I have been seeing quite a lot more new construction. The builders have learned and adapted to the economy. I was surprised to see that the average size of a new home is still right around 3000 square feet. So they are smaller, especially when compared to the 4450 average size in 2007, but 3000 square feet is still a good sized house. The big change is in the pricing. Averages prices of 2011 solds, pending sales and active listings are all in the $600,000’s. There are 18 closed sales year to date but 13 in escrow. With escrow times running 45-60 days, it’s fair to say that most of the pending sales will close by the end of the year. So we could potentially see new construction sales up around 30 for the year, which is where they were before the recession.
I think this is a time of opportunity in Lake Oswego housing. There are 13 brand new homes for sale in LO right now that are priced under $500,000.
Please let us know if you want further information. Linda and I would love to be of help.
Dianne
Market Activity ~ Oct. 3-9, 2011
In Lake Oswego there were 19 New properties entering the market, 12 in Pending status, and 6 marked as Sold during the last week according to RMLS.
See below for further details:
NEWLY LISTED (Oct. 3-9, 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 67 OSWEGO SMT | $169,500 | 2 | 2 | 1212 | CONDO |
| 17025 DENNEY CT | $209,900 | 3 | 2 | 1429 | DETACHD |
| 140 TOUCHSTONE CT | $284,900 | 3 | 2.1 | 1964 | ATTACHD |
| 2315 SOUTHSHORE BLVD | $285,000 | 3 | 1 | 1970 | DETACHD |
| 16081 PEARCY ST | $285,000 | 3 | 3 | 1919 | DETACHD |
| 8 POLONIUS ST | $319,000 | 3 | 2 | 1729 | DETACHD |
| 4251 WOODSIDE CIR | $324,900 | 3 | 2 | 2032 | ATTACHD |
| 207 HIDALGO ST | $339,000 | 4 | 2.1 | 2604 | DETACHD |
| 4208 HARVEY WAY | $379,900 | 4 | 2 | 2132 | DETACHD |
| 15085 GLEN EAGLES PL | $399,900 | 4 | 3 | 2996 | DETACHD |
| 345 3RD ST | $569,900 | 3 | 4 | 2132 | DETACHD |
| 4344 SNOWBRUSH CT | $579,000 | 4 | 3.1 | 3112 | DETACHD |
| 13546 PETERS RD | $629,000 | 3 | 3 | 3036 | DETACHD |
| 5056 DENTON DR | $684,900 | 4 | 2.1 | 3067 | DETACHD |
| 17406 BROOKHURST DR | $689,900 | 5 | 3.1 | 3775 | DETACHD |
| 307 NORTHSHORE RD | $1,295,000 | 3 | 2 | 2673 | DETACHD |
| 907 TERRACE DR | $2,295,000 | 6 | 4.3 | 6919 | DETACHD |
| 2098 CREST DR | $4,395,000 | 5 | 5.1 | 7847 | DETACHD |
| 3690 LAKEVIEW BLVD | $5,950,000 | 5 | 5.1 | 6366 | DETACHD |
PENDING SALES (Oct. 3-9, 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 58 GALEN ST | $65,000.00 | 1 | 1 | 689 | CONDO | 414 |
| 129 OSWEGO SMT | $69,995.00 | 1 | 1 | 764 | CONDO | 424 |
| 16250 PACIFIC HWY 44 | $149,000.00 | 2 | 2 | 1305 | CONDO | 239 |
| 4473 GOLDEN LN | $155,000.00 | 2 | 2.1 | 1980 | CONDO | 347 |
| 4390 SUNSET DR | $174,500.00 | 3 | 1 | 970 | DETACHD | 47 |
| 3500 RED CEDAR WAY | $250,000.00 | 3 | 2 | 1769 | DETACHD | 6 |
| 4752 REMBRANDT LN | $279,900.00 | 3 | 2.1 | 1516 | DETACHD | 26 |
| 19487 SW DOGWOOD CT | $459,900.00 | 5 | 3 | 3105 | DETACHD | 230 |
| 4725 FIRWOOD RD | $479,500.00 | 3 | 2.1 | 2557 | DETACHD | 133 |
| 13223 DEERFIELD CT | $614,900.00 | 5 | 3.2 | 4008 | DETACHD | 423 |
| 14070 GOODALL RD | $920,000.00 | 4 | 3.2 | 4460 | DETACHD | 10 |
| 667 IRON MOUNTAIN BLVD | $1,199,000.00 | 4 | 4.1 | 4679 | DETACHD | 319 |
SOLD (Oct. 3-9, 2011)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 215 CERVANTES | $134,999 | $129,000 | 2 | 2 | 1100 | CONDO | 44 |
| 13985 SUNDELEAF DR | $279,000 | $270,000 | 3 | 2 | 1278 | DETACHD | 83 |
| 2360 GREENTREE RD | $379,900 | $364,000 | 3 | 2.1 | 2211 | DETACHD | 139 |
| 4681 TRILLIUM WOODS Lot 08 | $419,900 | $421,000 | 3 | 2.1 | 2135 | ATTACHD | 194 |
| 15180 BOONES WAY | $549,900 | $455,600 | 5 | 3.1 | 3961 | DETACHD | 57 |
| 17682 MARYLBROOK DR | $599,900 | $480,000 | 4 | 2.1 | 3799 | DETACHD | 209 |
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
Open Houses ~ October 9, 2011
Lots of great homes Open to you and your partners in house-hunting adventure Sunday!
Here is the schedule according to RMLS:
| Address | L/Price | # Beds | # Baths | Total SF | Style | Open |
| 6016 BONITA RD | $229,999 | 4 | 2 | 1978 | RANCH | 12-3PM |
| 16212 LAKE FOREST BLVD | $249,000 | 3 | 2 | 1267 | RANCH | 1-3PM |
| 1127 CEDAR ST | $249,000 | 2 | 1 | 1070 | COTTAGE | 12:30-4PM |
| 1674 FIRCREST DR | $249,500 | 4 | 2 | 1998 | SPLIT | 1-3:15PM |
| 140 TOUCHSTONE CT | $284,900 | 3 | 2.1 | 1964 | TOWNHSE | 1-3PM |
| 16890 CORTEZ CT | $289,000 | 4 | 3 | 2016 | DAYRNCH | 1-3:30PM |
| 18150 BRYANT RD | $299,000 | 3 | 2 | 1468 | RANCH,1STORY | 10AM-12PM |
| 1053 HALLINAN ST | $300,000 | 3 | 2.1 | 2004 | 2STORY | 1-4PM |
| 4793 AUBURN LN | $389,900 | 3 | 2.1 | 2083 | TOWNHSE | 12-3PM |
| 1820 KILKENNY DR | $397,000 | 4 | 2.1 | 3040 | DAYRNCH | 2-4PM |
| 4 NANSEN SMT | $429,000 | 4 | 2.1 | 3255 | CONTEMP | 1-3PM |
| 7 DEL PRADO ST | $435,000 | 4 | 3 | 2232 | TRAD,TRI | 12-3PM |
| 14361 SHERBROOK PL | $439,900 | 3 | 2.1 | 2100 | TRAD | 2-4PM |
| 1610 LEE ST | $449,000 | 4 | 3 | 2616 | SPLIT | 1-3PM |
| 17930 MEADOWLARK LN | $515,000 | 4 | 4 | 3300 | DAYRNCH | 1-3PM |
| 15633 FIELDSTONE DR | $618,950 | 4 | 2.1 | 3047 | TRAD | 12-2PM |
| 5533 FIELDSTONE CT | $628,950 | 4 | 2.1 | 3115 | TRAD | 12-2PM |
| 14785 UPLANDS DR | $635,000 | 5 | 3 | 3325 | CONTEMP,DAYRNCH | 1-3PM |
| 15622 FIELDSTONE DR | $668,950 | 3 | 2.1 | 3113 | TRAD | 12-2PM |
| 5056 DENTON DR | $684,900 | 4 | 2.1 | 3067 | TRAD | 1:30-5PM |
| 5604 GRAND OAKS DR | $689,000 | 5 | 3 | 3676 | TRAD | 1-4PM |
| 17601 WOODHURST PL | $699,000 | 3 | 2.2 | 3272 | ENGLISH | 1-3PM |
| 17930 BLUE HERON DR | $799,000 | 5 | 4.1 | 5069 | CONTEMP | 2-4PM |
| 4767 DOGWOOD DR | $839,900 | 4 | 2.1 | 3964 | TRAD | 2-4PM |
| 2650 GLEN EAGLES RD | $875,000 | 3 | 4 | 3112 | CONTEMP | 1-3PM |
| 17282 LAKE HAVEN DR | $1,199,000 | 4 | 2.1 | 3662 | TRAD | 1:30-4PM |
| 18308 MEADOWLARK LN | $1,395,000 | 4 | 3.3 | 7341 | CONTEMP | 1-3:;30PM |
| 1300 SKYLAND DR | $1,399,900 | 4 | 4.2 | 6311 | TRAD,CUSTOM | 1-4PM |
Market Activity for 9/26 to 10/2, 2011
In Lake Oswego last week there were 14 new listings, 16 pending sales, and 10 closed sales.
See below for further details:
NEWLY LISTED (Sept. 26 to Oct. 2, 2011)
| Address | Type | Price | Sq FT | BR | Baths |
| 18914 Longfellow Ave | Detached | $235,000 | 1232 | 3 | 1.5 |
| 16212 Lake Forest Blvd | Detached | $249,000 | 1267 | 3 | 2 |
| 3500 Red Cedar Way | Detached | $250,000 | 1769 | 3 | 2 |
| 6263 Childs Rd | Detached | $279,900 | 1600 | 3 | 2 |
| 113 Touchstone | Attached | $289,000 | 1838 | 2 | 2.5 |
| 589 Ridgeway Rd | Detached | $450,000 | 1736 | 3 | 2 |
| 13880 Knaus Rd | Detached | $520,000 | 3532 | 4 | 3.5 |
| 17160 Kelok Rd | Detached | $549,900 | 4650 | 4 | 4 |
| 3811 Carman Dr | Detached | $580,000 | 3028 | 4 | 2 |
| 17952 Cardinal Dr | Detached | $599,999 | 1702 | 4 | 2 |
| 15633 Fieldstone Dr | Detached | $618,950 | 3047 | 4 | 2.5 |
| 17601 Woodhurst Pl | Detached | 699,000 | 3272 | 3 | 2.5+.5 |
| 4767 Dogwood Dr | Detached | $839,900 | 3964 | 4 | 2.5 |
| 12900 Fielding Rd | Detached | $4,395,000 | 7527 | 6 | 7.5 |
PENDING SALES (Sept 26 to Oct 2, 2011)
| Address | Type | Price | Sq Ft | BR | Baths | CDOM |
| 12 Crestfield Ct | Condo | $44,900 | 552 | 1 | 1 | 74 |
| 48 Eagle Crest Dr 3B | Condo | $134,900 | 1489 | 2 | 2 | 37 |
| 5064 Foothills Dr H | Condo | $185,000 | 1252 | 3 | 2 | 203 |
| 4760 Lower Dr | Detached | $229,900 | 2324 | 3 | 3 | 44 |
| 3305 Upper Dr | Detached | $299,999 | 1484 | 3 | 2 | 172 |
| 1286 Rockinghorse Ln | Detached | $309,000 | 1883 | 3 | 2.5 | 316 |
| 18715 Indian Creek Dr | Detached | $339,825 | 1976 | 3 | 2 | 244 |
| 1214 Hallinan Circle | Detached | $342,000 | 1748 | 3 | 2 | 7 |
| 17071 Rebecca Ln | Detached | $379,900 | 2230 | 4 | 3 | 129 |
| 4693 Lakeview Blvd | Detached | $429,950 | 2021 | 3 | 2 | 120 |
| 4729 Firwood Rd | Detached | $489,500 | 2594 | 3 | 2.5 | 127 |
| 18462 Anduin Terr | Detached | $524,900 | 2982 | 4 | 2.5 | 71 |
| 215 Chandler Pl | Detached | $895,000 | 3118 | 3 | 2.5 | 355 |
| 1066 Northshore Rd | Detached | $1,195,000 | 4224 | 4 | 5.5 | 239 |
| 1715 Edgecliff Terr | Detached | $1,295,000 | 4929 | 4 | 4.5 | 475 |
| 2936 Lakeview Blvd | Detached | $1,888,000 | 4179 | 5 | 3.5 | 120 |
SOLD (Sept 26 to Oct 2, 2011)
| Address | Orig. Price | Sold Price | Type | Sq Ft | CDOM |
| 4454 Thunder Vista Ln | $170,000 | $157,000 | Condo | 2060 | 158 |
| 16443 Lake Forest Blvd | $249,900 | $206,000 | Detached | 1474 | 47 |
| 5139 Tualata Ln | $257,900 | $262,000 | Detached | 1524 | 6 |
| 55 Northshore Rd #4 | $289,000 | $289,000 | Condo | 1554 | 18 |
| 17095 Rebecca Ln | $399,900 | $375,000 | Detached | 2350 | 84 |
| 19285 Megly Ct | $539,900 | $479,900 | Detached | 3275 | 203 |
| 605 4th St | $525,000 | $518,000 | Detached | 1880 | 30 |
| 5511 Fieldstone Ct | $638,950 | $615,000 | Detached | 3037 | 629 |
| 17460 Wren Ct | $995,900 | $850,000 | Detached | 3305 | 180 |
| 3328 Lakeview Blvd | $3,750,000 | $2,565,000 | Detached | 6675 | 471 |
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
Featrured Neighborhood: Bryant
There are 25 neighborhoods in Lake Oswego and today I want to focus on one in particular: Bryant. Bryant is found on the South side of the lake and is bounded by Upper Drive on the North, Southshore and Kelok roads on the East, Childs and Deerbrush roads on the South, and Pilkington on the West.
There is a small commercial commercial district that allows the neighborhood to enjoy 4 excellent restaurants. LaVang’s is an institution having been opened many years ago by a Vietnamese doctor who used the proceeds to support an orphanage in Vietnam. I am not sure if the connection to the orphanage still exists, but I can tell you that the good food has remained. It has wonderful Pho and amazing salad rolls. Deno’s Pizzeria has about the best caesar salad I have ever eaten. Pine Shed Ribs serves Santa Maria Style Barbeque. And the newest addition is Oliver’s which specializes in farm to table fresh ingredients with a Mexican flair.
There are currently 22 houses for sale. The least expensive house currently for sale was built in 1952 and is a bank foreclosure. It has 2324 square feet (928 is in an unfinished basement), 3 bedrooms and 3 full baths. It is listed for $229,900.
The most expensive house currently for sale is on a canal. It was built in 1985, is on nearly half an acre with 4 bedrooms and 2.5 baths, and is listed for $1,199,000.
25 homes have sold in the last 6 months. The low sale occurred on a mid-century modern home that was built in 1962. With 1700 square feet, 3 bedrooms and 2 baths, it was listed for $229,900. It sold in just 2 days for $209,400. The most expensive sale was a 1992 built home with a brick facade and 3-car garage on a cul-de-sac. It had 4 bedrooms, 2.5 baths. Listed for $850,000, it sold in 56 days for $750,000.
I think what I like about the Bryant neighborhood is how walkable it is. Relatively flat, you can walk to the swim park or to a good restaurant in 10 to 15 minutes. I don’t live in the Bryant neighborhood, but I do live close enough that I walk through it regularly. Lamont Springs Park is a personal favorite.
Please feel free to let Linda or myself know if we’ve peaked your curiosity and would like more information about homes in this area.
Dianne
Market Activity ~ Sept. 19-25, 2011
A bit of a September slowdown with 12 New properties entering the market, 8 in Pending status, and holding a steady line on sales activity with 10 marked as Sold during the last week according to RMLS.
See below for further details:
NEWLY LISTED (Sept. 19-25 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 92 CERVANTES CIR 11E | $132,100 | 2 | 1.1 | 912 | CONDO |
| 6929 MONTAUK CIR | $134,900 | 2 | 1 | 968 | CONDO |
| 1214 HALLINAN CIR | $342,000 | 3 | 2 | 1748 | DETACHD |
| 4653 OAKRIDGE RD Lot 2 | $366,900 | 2 | 2.1 | 1738 | ATTACHD |
| 4793 AUBURN LN | $389,900 | 3 | 2.1 | 2083 | ATTACHD |
| 13254 FIELDING RD | $567,000 | 3 | 2.1 | 3248 | DETACHD |
| 816 9TH ST | $674,500 | 4 | 3.1 | 3033 | DETACHD |
| 4102 CHAD DR | $739,000 | 4 | 2.1 | 3054 | DETACHD |
| 16736 SYLVAN CT | $839,000 | 4 | 3 | 3914 | DETACHD |
| 14070 GOODALL RD | $920,000 | 4 | 3.2 | 4460 | DETACHD |
| 777 N SHORE RD | $1,350,000 | 3 | 3.1 | 3960 | DETACHD |
| 1799 ATHERTON DR | $1,400,000 | 5 | 5.1 | 6280 | DETACHD |
PENDING SALES (Sept 19-25, 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 96 GALEN ST | $53,900 | 1 | 1.1 | 552 | CONDO | 11 |
| 3808 BOTTICELLI ST | $175,000 | 3 | 2 | 1203 | ATTACHD | 106 |
| 5225 Jean RD | $179,900 | 3 | 2 | 1400 | CONDO | 5 |
| 17839 TAMARA AVE | $257,500 | 3 | 1.1 | 1562 | DETACHD | 177 |
| 4675 OAKRIDGE RD Lot 3 | $369,900 | 3 | 2.1 | 1738 | ATTACHD | 112 |
| 1193 TROON RD | $395,000 | 3 | 2.1 | 2558 | DETACHD | 33 |
| 1991 GREENTREE RD | $399,999 | 3 | 3 | 2655 | DETACHD | 160 |
| 4681 TRILLIUM WOODS Lot 8 | $419,900 | 3 | 2.1 | 2135 | ATTACHD | 194 |
SOLD (Sept 19-25, 2011)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 3 Oswego Summit #17 | $87,000 | $74,000 | 1 | 1 | 764 | CONDO | 436 |
| 1400 BONNIEBRAE DR | $183,500 | $130,000 | 2 | 1 | 864 | ATTACHD | 436 |
| 12828 SW BOONES FERRY RD | $224,500 | $163,800 | 2 | 2.1 | 1136 | ATTACHD | 103 |
| 17635 DEEMAR WAY | $259,900 | $185,100 | 3 | 2 | 1488 | DETACHD | 136 |
| 18963 LONGFELLOW AVE | $299,900 | $233,000 | 3 | 1.1 | 1232 | DETACHD | 221 |
| 1094 ERICKSON ST | $449,888 | $280,000 | 4 | 3 | 2769 | DETACHD | 284 |
| 17653 SCHALIT WAY | $299,900 | $305,000 | 3 | 2 | 1463 | DETACHD | 10 |
| 5530 BAY CREEK DR | $499,900 | $435,000 | 4 | 2.1 | 2958 | DETACHD | 12 |
| 17981 MEADOWLARK LN | $529,900 | $500,000 | 3 | 2.1 | 3250 | DETACHD | 120 |
| 17503 CHERRY CT | $950,000 | $730,000 | 4 | 3.1 | 4200 | DETACHD | 219 |
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
Open Houses ~ Sept. 25, 2011
34 Beautiful Homes On Tour in Lake Oswego Sunday!
Maybe one of them is “the one” for you.
Here’s what’s going on according to RMLS:
| Address | L/Price | # Beds | # Baths | Total SF | Style | Open |
| 5054 FOOTHILLS DR H | $199,500 | 3 | 2 | 1252 | TOWNHM | 1-3PM |
| 5054 FOOTHILLS DR 69E | $200,000 | 3 | 2 | 1252 | TOWNHM | 1-3PM |
| 6016 BONITA RD | $229,999 | 4 | 2 | 1978 | DETACHD | 11AM -2PM |
| 16890 CORTEZ CT | $299,500 | 4 | 3 | 2016 | DETACHD | 1-3PM |
| 17350 KELOK RD | $325,000 | 3 | 1.1 | 1415 | DETACHD | 1-3PM |
| 755 5TH ST | $349,000 | 2 | 1 | 927 | DETACHD | 2-4PM |
| 18538 DEERBRUSH AVE | $409,900 | 4 | 3 | 2593 | DETACHD | 1-5PM |
| 1657 CAMPUS WAY | $425,000 | 4 | 3 | 2292 | DETACHD | 1-4PM |
| 962 COUNTRY COMMONS LN | $429,000 | 3 | 2 | 1832 | DETACHD | 1:30-4PM |
| 4671 Lakeview BLVD | $429,950 | 3 | 2 | 2061 | DETACHD | 2-4PM |
| 19487 SW DOGWOOD CT | $459,900 | 5 | 3 | 3105 | DETACHD | 1-5PM |
| 19521 SW DOGWOOD CT | $469,900 | 5 | 2.1 | 2953 | DETACHD | 1-5PM |
| 17177 CHAPIN WAY | $479,000 | 3 | 2 | 1764 | DETACHD | 1-3PM |
| 19333 SW DOGWOOD CT | $499,900 | 5 | 3 | 3234 | DETACHD | 1-5PM |
| 19475 DOGWOOD CT | $499,900 | 6 | 3 | 3302 | DETACHD | 1-5PM |
| 16925 DEPOT ST | $499,950 | 4 | 2.1 | 2631 | DETACHD | 2-4PM |
| 1278 HIDE A WAY LN | $549,000 | 4 | 2.1 | 2632 | DETACHD | 1-3PM |
| 5428 SOUTHWOOD DR | $575,000 | 4 | 3 | 3302 | DETACHD | 1-3PM |
| 17370 CANYON DR | $579,900 | 4 | 3.1 | 3408 | DETACHD | 1-4PM |
| 2011 RIDGEWOOD LN | $588,850 | 5 | 3.1 | 3012 | DETACHD | 12-2PM |
| 1828 PALISADES TERRACE DR | $599,000 | 4 | 2.1 | 3264 | DETACHD | 1-3PM |
| 629 IRON MOUNTAIN BLVD | $615,000 | 3 | 2 | 1988 | DETACHD | 1:30-4PM |
| 13020 KNAUS RD | $619,000 | 3 | 2.1 | 2545 | DETACHD | 1-3PM |
| 17997 BRAEDEN CT | $619,749 | 4 | 3 | 2984 | DETACHD | 1-4PM |
| 5533 FIELDSTONE CT | $628,950 | 4 | 2.1 | 3115 | DETACHD | 2:30-4:30PM |
| 15622 FIELDSTONE DR | $668,950 | 3 | 2.1 | 3113 | DETACHD | 2:30-4:30PM |
| 17110 LOWENBERG TER | $689,000 | 4 | 2.1 | 2732 | DETACHD | 1-3PM |
| 5604 GRAND OAKS DR | $689,000 | 5 | 3 | 3676 | DETACHD | 1-4PM |
| 2941 WESTVIEW CIR | $689,000 | 4 | 2.1 | 3075 | DETACHD | 1-4PM |
| 14070 GOODALL RD | $920,000 | 4 | 3.2 | 4460 | DETACHD | 2-4PM |
| 13600 GOODALL RD | $1,095,000 | 5 | 2.1 | 3111 | DETACHD | 2-4PM |
| 18024 SKYLAND CIR | $1,299,000 | 4 | 3.2 | 4131 | DETACHD | 12-2PM |
| 777 N SHORE RD | $1,350,000 | 3 | 3.1 | 3960 | DETACHD | 1-3PM |
| 18308 MEADOWLARK LN | $1,395,000 | 4 | 3.3 | 7341 | DETACHD | 1-3PM |
News & Notes
Dianne and I wish you the VERY BEST as we feel the seasons start to change. Enjoy all of it… every little bit!
Here are some Market Notes for you~
According to the RMLS Market Action Report for August 2011, the combined area of Lake Oswego and West Linn reported:
- 809 Active Listings
- 160 New Listings
- 106 Pending Sales
- 114 Closed Sales
- An average Sale Price of $449,200.
- Average Time on the Market: 167 Days
Market Activity Sept. 12-18, 2011
Last week in Lake Oswego there were 19 new listings, 13 houses that received accepted offers and went pending, and 4 closed sales.
See below for further details:
NEWLY LISTED (Sept. 12-18 2011)
| Address | Type | Price | Sq FT | BR | Baths |
| 86 Kingsgate Rd H102 | Condo | $64,900 | 849 | 2 | 2 |
| 4 Touchstone #65 | Condo | $119,900 | 1351 | 3 | 2.5 |
| 5225 Jean Rd 3308 | Condo | $179,900 | 1400 | 3 | 2 |
| 5733 Fernbrook Way | Detached | $235,000 | 1250 | 4 | 1.5 |
| 1641 Devon Ln | Detached | $239,900 | 2013 | 3 | 2.5 |
| 1127 Cedar St | Detached | $259,000 | 870 | 2 | 1 |
| 6438 Frost St | Detached | $365,000 | 2558 | 3 | 2.5 |
| 6450 Frost St | Detached | $395,000 | 2957 | 4 | 2.5 |
| 4 Hillshire Dr | Detached | $449,000 | 3084 | 4 | 2.5+.5 |
| 52 Condolea Ct | Condo | $485,000 | 2958 | 2 | 2.5 |
| 19475 Dogwood Ct | Detached | $499,900 | 3302 | 6 | 3 |
| 4 Juarez St | Detached | 520,000 | 3962 | 4 | 2.5 |
| 4120 Southshore Blvd | Detached | $525,000 | 2033 | 3 | 2 |
| 17370 Canyon Dr | Detached | $579,900 | 3408 | 4 | 3.5 |
| 1828 Palisades Terrace Dr | Detached | $599,000 | 3264 | 4 | 2.5 |
| Glenmorrie | Detached | $667,000 | 3196 | 3 | 4 |
| 14599 Fosberg Rd | Detached | $759,000 | 3453 | 4 | 3.5 |
| 19375 Eastside Rd | Detached | $799,000 | 4100 | 4 | 3.5 |
| 3122 Upper Dr | Detached | $1,075,000 | 3851 | 4 | 4 |
PENDING SALES (Sept 12-18, 2011)
| Address | Type | Price | Sq Ft | BR | Baths | CDOM |
| 4 Crestfield Ct | Condo | $84,900 | 923 | 2 | 1 | 42 |
| 4638 Lower Dr A2 | Condo | $99,000 | 1260 | 2 | 1.5 | 93 |
| 5325 Oakridge | Detached | $234,900 | 1191 | 4 | 2 | 106 |
| 3797 Lanewood St | Detached | $249,000 | 2560 | 3 | 1 | 126 |
| 1286 Rockinghorse Ln | Detached | $309,000 | 1883 | 3 | 2.5 | 302 |
| 17607 Arbor Ln | Detached | $315,000 | 1906 | 3 | 2 | 154 |
| 5011 Rosewood St | Detached | $345,000 | 1698 | 4 | 2 | 123 |
| 4734 Lakeview Blvd | Detached | $397,500 | 2787 | 3 | 1 | 155 |
| 19240 Megly Ct | Detached | $549,900 | 3633 | 5 | 3.5 | 145 |
| 5088 Woodcrest Ln | Detached | $619,900 | 3056 | 4 | 2.5 | 219 |
| 727 6th St | Detached | $679,900 | 2884 | 4 | 2 | 601 |
| 16828 Alder Circle | Detached | $1,099,000 | 2362 | 3 | 2 | 133 |
| 1066 Northshore Rd | Detached | $1,195,000 | 4224 | 4 | 5.5 | 227 |
SOLD (Sept 12-18, 2011)
| Address | Orig. Price | Sold Price | Type | Sq Ft | CDOM |
| 750 1st St D22 | $150,000 | $140,000 | Condo | 1350 | 82 |
| 17 Walking Woods Dr | $290,000 | $320,000 | Detached | 2915 | 55 |
| 19124 Megan Pl | $699,000 | $620,000 | Detached | 3584 | 104 |
| 5231 Denton Dr | $669,000 | $636,500 | Detached | 3031 | 75 |
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