Market Activity for Oct. 10-16, 2011

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.

Lake Grove Swim Park
Highlights of the neighborhood include Waluga Junior High School, West Bay, Lamont Springs Nature Park, and on the Northern edge, one of Lake Oswego’s two swim parks, the Lake Grove Swim Park.

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.

West Bay
Housing in the area runs the gamut. There are several condominium complexes with pricing ranging from $100,000 to $175,000, with 1 currently for sale, 2 pending and in escrow, and 1 closed sale in the last 6 months.. The single family residential has a much broader range.

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