Tag: Whitney Gregoire

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Market Activity July 27-Aug 2, 2015

Another busy week of real estate in LO. Last week we had 31 houses come onto the market, 22 go into “pending” status with accepted offers, and 25 sold/closed sales.

Following is the breakdown for you according to RMLS for last week:

New on Market (July 27-Aug 2, 2015)

Address Type Price Bedrooms Baths Sq Ft
4 Touchstone #153 Condo $145,000 2 2 1031
668 McVey Ave #4 Condo $179,000 1 1 636
4045 Jefferson Pkwy Condo $230,000 2 2.5 1182
48 Eagle Crest Dr 4D Condo $245,000 2 2 1445
16200 Pacific Hwy #24 Condo $285,000 2 2 1190
3497 Devnshire Dr Attached $329,900 3 2 1556
147 Kingsgate Rd Detached $349,900 2 2 1120
15879 Kimball St Detached $349,900 3 1.5 1076
4582 Trillium Woods Attached $459,900 3 2.5 1835
15144 Boones Way Detached $465,000 4 3.5 2409
143 Kingsgate Rd Detached $475,000 3 2 2110
6511 Frost St Detached $539,000 3 2.5 2430
1371 Koawood Dr Detached $659,000 6 3 3534
17126 Hofer Ct Detached $668,000 3 3 2541
13852 Shireva Dr Detached $699,000 5 3 3065
4369 Sundew Ct Detached $718,950 4 2.5 3325
4467 Thunder Vista Ln Condo $725,000 4 3.5+.5 4494
4090 Buck Brush Ln Detached $750,000 4 3 2878
4079 Coltsfoot Ln Detached $759,900 4 4 3308
3778 Rivers Edge Dr Detached $765,000 4 3.5 3022
5724 La Mesa Ct Detached $799,900 5 2.5 3669
5635 Bay Creek Dr Detached $799,900 5 2.5 3669
18009 Braeden Ct Detached $849,000 4 2.5 3286
5455 Langford Ln Detached $860,000 3 2.5 3341
426 7th St Detached $925,000 4 2.5 3046
4176 Upper Dr Detached $950,000 5 3 2968
4200 Upper Dr Detached $950,000 3 1 1371
725 5th Ave Detached $1,124,900 3 3 2748
17442 Ridgeview Ln Detached $1,375,000 4 3.5+.5 5036
1933 Highlands Lp Detached $2,750,000 4 3.5 5031
16715 Phantom Bluff Ct Detached $4,195,000 4 4.5 4585

Pending Sales (July 27-Aug 2, 2015)

Address Type Price Bedrooms Baths Sq Ft DOM
44 Eagle Crest Dr #10 Condo $93,900 1 1 798 56
41 Oswego Summit Condo $105,000 1 1 764 865
103 Oswego Summit Condo $135,000 2 1.5 1116 283
4000 Carman Dr #25 Condo $143,500 2 2 836 4
3433 McNary Pkwy #704 Condo $169,000 2 2 1008 13
48 Eagle Crest Dr 4E Condo $209,900 2 2 1489 12
3892 Botticelli St Condo $235,000 3 2 1288 120
16536 Inverurie Rd Detached $315,000 3 1 1064 4
210 State St #9 Condo $360,000 2 1.5 1516 12
39 Condolea Ct Condo $375,000 3 3 2198 39
258 Cervantes Attached $385,000 3 2.5 2312 13
5725 Windfield Loop Detached $409,900 2 2 1615 14
1528 Cedar St Detached $445,622 3 2 2760 5
37 Berwick Rd Detached $498,000 3 2 2198 65
41 Spinosa Detached $519,000 3 2.5 2389 2
4004 Melissa Dr Detached $625,000 4 2.5 2865 133
4896 Hastings Dr Detached $650,000 4 2.5 2785 30
1775 Palisades Terrace Dr Detached $661,000 4 2.5 2112 0
4833 Hastings Dr Detached $665,000 4 2.5 2831 1
159 5th ST Detached $849,000 4 3 2970 212
3119 Wembley Park Rd Detached $1,125,000 4 3.5 3633 7
500 Ridgeway Rd Detached $1,749,000 4 3.5 4554 424

Sold/Closed  (July 27-Aug 2, 2015)

Address Type List Price Sold Price Sq Ft CDOM
45 Eagle Crest DR #216 Condo $112,900 $115,000 600 3
750 1st St #32 Condo $165,000 $135,000 986 64
44 Eagle Crest Dr #29 Condo $139,900 $140,500 798 5
4 Oswego Summit Condo $144,900 $150,000 1140 5
3814 Botticelli St Attached $189,900 $184,000 1055 21
200 Burnham Rd #103 Condo $199,000 $203,000 873 2
750 1st St #14 Condo $250,000 $237,150 1350 11
7 Saint Helens Circle Detached $335,000 $325,000 1275 3
1790 Conifer Dr Detached $325,000 $325,000 1003 33
236 Greenridge Dr Attached $344,900 $350,000 1492 2
1600 Ash St Detached $399,900 $405,000 2037 8
6145 McEwan Rd Detached $399,000 $405,000 1850 3
925 York Rd Detached $425,000 $425,000 2232 3
1931 Kilkenny Rd Detached $430,000 $435,000 2411 1
16889 Wight Ln Detached $469,000 $438,500 2,579 86
2550 Greentree Rd Detached $499,000 $478,000 2852 53
1458 Greentree Circle Detached $757,000 $545,000 2156 22
5020 Hampton Ct Detached $559,500 $552,000 2253 257
16873 Cherry Crest Dr Detached $550,000 $575,000 2394 4
15930 Twin Fir Rd Detached $669,000 $705,000 2620 770
930 Cumberland Rd Detached $715,000 $715,000 2960 3
3 Mountain View Ln Detached $750,000 $715,000 3672 127
4055 Orchard Dr Detached $795,000 $750,000 3354 44
251 D Ave Detached $849,000 $842,200 2635 8
1947 Summit Dr Detached $1,595,000 $1,450,000 5570 104

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.

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Market Activity July 13 – 19, 2015

Whew, What a long list of homes to go through. It’s now past the middle of summer and Lake Oswego continues to be a hot spot to live in! We have so much going on! In the week before last we saw 21 houses hit the market, 29 homes going pending, and 26 properties sold.
I have to admit that I have been keeping an eye out for the house on 4660 Upper Dr, because it is along my running route. I’m happy to see it’s debut, feel free to check it out!

Following is the breakdown for you according to RMLS for last week:

New on Market (July 13-19, 2015)

Address Type Price Bedrooms Bathrooms Sqft
3433 MCNARY PKWAY #704 CONDO 169,000 2 2 1008
12848 BOONS FERRY RD ATTACHED 329,000 2 2 1182
258 CERVANTES ATTACHED 385,000 3 2.5 2312
5725 WINDFIELD LOOP DETACHED 424,950 2 2 1615
26 SPINOSA DETACHED 425,000 3 2.5 2065
92 TANGLEWOOD DR DETACHED 529,950 4 2.5 3614
4660 UPPER DR DETACHED 549,000 4 3 3100
865 PALISADES TERRACE DR DETACHED 579,000 3 3 1860
14674 RAINBOW DR DETACHED 599,000 4 3 3100
4708 HASTINGS PL DETACHED 600,000 4 2.5 2215
4688 FIRWOOD RD DETACHED 625,000 5 2.5 2436
18086 JENIFERS WAY DETACHED 699,000 3 2.5 2582
13852 AMBERWOOD CIR DETACHED 775,000 4 2.5 3032
1330 PINE ST DETACHED 799,900 4 3.5 3775
5833 STEWARD GLENN CT DETACHED 835,000 4 2.5 3258
14360 UPLANDS DR DETACHED 849,000 4 3.5 2577
3151 ALBER SPRING CT DETACHED 979,900 5 3.5 3802
151 BERWICK RD DETACHED 1,165,000 4 3 4387
13132 THOMA RD DETACHED 1,995,000 5 3.5 6000
3796 LAKEVIEW BLVD DETACHED 2,395,000 3 2.5 4150

Pending Sales (July 13-19, 2015)

Address Type Price Bedroom Bathrooms DOM
45 EAGLE CREST DR #216 CONDO 112,900 1 1 3
44 OSWEGO SMT #44 CONDO 129,900 2 2 2
4 TOUCHSTONE #146 CONDO 137,500 2 2 48
534 S STATE ST CONDO 146,000 1 1 82
200 BURNHAM RD #300 CONDO 179,999 1 1 84
5225 JEAN RD #203 CONDO 219,950 3 2 16
3812 BOTTICELLI ST CONDO 239,000 3 2 47
105 KINGSGATE RD DETACHED 319,900 3 2 40
5748 WINDFIELD LOOP DETACHED 400,000 3 3 59
3508 RED CEDAR WAY DETACHED 429,900 4 2 6
1931 KILKENNY RD DETACHED 430,000 4 2.5 1
15601 TANAGER DR DETACHED 435,000 3 2.5 13
4023 TROUT WAY DETACHED 470,000 4 2.5 4
4840 DOGWOOD DR DETACHED 475,000 3 3 0
27 DA VINCI ST DETACHED 477,500 4 3 83
5150 SW DAWN ST DETACHED 499,000 4 2 0
31 WALKING WOODS DR DETACHED 500,000 4 3 3
732 CLARA CT DETACHED 599,900 4 3.5 24
1511 WOODLAND TER DETACHED 599,900 5 2.5 106
15960 PARKER RD DETACHED 720,000 3 2.5 9
14205 EDENBERRY DR DETACHED 775,000 3 2.5 29
14153 EDENBERRY DR DETACHED 775,000 4 2.5 28
328 KENWOOD RD DETACHED 1,095,000 4 4 2
18347 LOTHLORIEN WAY DETACHED 1,098,000 5 3.5 27
910 TERRACE DR DETACHED 1,145,000 4 2.5 139
17509 RIDGEVIEW LN DETACHED 1,169,000 4 3.5 1
17469 KELOK RD DETACHED 1,175,000 3 2.5 4
1115 LAKE FRONT RD DETACHED 1,898,000 4 4 6
19300 STAFFORD RD DETACHED 1,995,000 4 2.5 2

Sold/Closed (July 13-19, 2015)

Address Type List Price Close Price Sqft DOM
336 CERVANTES CIR CONDO 149,900 132,000 1112 198
47 EAGLE CREST DR #18 CONDO 136,950 135,950 932 5
4 CRESTFIELD CT #4 CONDO 145,000 140,500 923 14
3433 MCNARY PKWY #701 CONDO 199,900 200,000 1136 6
22 GREENRIDGE CT ATTACHED 308,000 309,000 1596 2
17270 BRYANT RD DETACHED 399,000 399,000 2619 49
14383 HOLLY SPRINGS RD DETACHED 450,000 419,250 2238 82
5051 TUALATA LN DETACHED 410,000 423,000 1581 7
14594 WILMOT WAY DETACHED 448,000 426,500 1710 10
12519 SW 27TH PL DETACHED 440,000 435,000 1964 0
17000 CANYON DR DETACHED 439,900 445,000 2129 11
16915 CRESTVIEW DR DETACHED 469,000 450,000 2180 8
19226 CHILDS CT DETACHED 499,000 550,000 2552 3
1982 PARK FOREST AVE DETACHED 585,000 590,000 2765 24
555 COUNTRY CLUB RD DETACHED 639,900 619,950 2133 328
4040 VIRGINIA WAY DETACHED 649,000 655,000 2623 2
4141 BIRDBILL CT DETACHED 675,000 671,500 2912 8
38 DA VINCI ST DETACHED 699,000 675,000 2932 4
5441 BAY CREEK DR DETACHED 725,000 725,000 3117 15
5707 YORKSHIRE CT DETACHED 780,000 780,000 3400 0
851 9TH ST DETACHED 999,900 987,500 2699 6
1539 LAKE FRONT RD DETACHED 1,399,900 1,150,000 3385 293
1411 LAKE FRONT RD DETACHED 1,395,000 1,300,000 3349 50
16707 GRAEF CIR DETACHED 2,100,000 2,189,634 3841 4
1780 RIDGECREST DR DETACHED 3,750,000 3,550,000 6000 35

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.

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The Swim Parks

Lake Oswego has two swim parks. Who can use them can be a bit confusing. There is a common misconception that you must live within the Lake Oswego School District to be eligible. While that is partially true, it is not the case.

Lake Oswego Swim Park
Lake Oswego Swim Park
The Lake Oswego Swim Park

This swim park is located at 250 Ridgeway Rd on the West end of the Lake. To use this park you must be a resident of Lake Oswego. Use of the park is free. Hours of operation at 1-6 pm daily, weather permitting. The park features life guards on duty during all operating hours, diving platforms, water sprayers, inner tubes, outdoor showers, and lounge chairs. Children under the age of 10 must be accompanied by someone who is at least 16 years of age. So this park is widely available to any one who is a resident of Lake Oswego.

Lake Grove Swim Park
Lake Grove Swim Park
The Lake Grove Swim Park

This swim park is located at 3800 Lakeview Blvd on the East end of the lake. This swim park was originally deeded to the former Lake Grove School District by the Oregon Iron and Steel Company. The Lake Grove School District merged with the Lake Oswego School District in 1953. While the districts merged, the use of this swim park remains with people who live within the former Lake Grove School District’s boundary. (For a link to the website that has a copy of this map, click here) People who live within this district pay an additional property tax to maintain and operate this park. To use the park you simply must provide photo ID with proof of your address and a park pass will be issued. You then show your pass when you use the park.

This park has life guards on duty during all operating hours (12-8pm daily, weather permiting). There is also ping pong, volleyball, tether ball, and basketball. There is a concrete wading pool for children 7 and younger. Additionally, swim lessons are offered for all children in Lake Oswego, even those who are not eligible for a park pass.

With the hot summer days we’ve been enjoying, now is the time to get out to the swim parks and take advantage of the recreational opportunities that come from living in Lake Oswego.

Enjoy!
Dianne

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Market Activity July 6-12, 2015

Robust is the adjective that comes to mind when I think about what is happening with Lake Oswego real estate. Seriously, our market is hot. Houses are selling fast and buyers are in a frenzy. Last week in Lake Oswego there were 29 new listings, 33 houses that accepted offers to go into pending status, and 26 closed sales.

Following is the breakdown for you according to RMLS for last week:

New on Market (July 6-12, 2015)

Address Type Price Bedrooms Baths Sq Ft
3926 Carman Dr Condo $234,900 2 2.5 1129
200 Burnham Rd #305 Condo $269,900 2 2 1328
668 McVey Ave #42 Condo $285,000 2 1 836
4458 Thunder Vista Ln Condo $289,000 2 2.5 2200
12844 Boones Ferry Rd Condo $315,000 2 2.5 1152
5882 Kennycroft Way Detached $315.00 3 2 1272
4725 Lakeview Blvd Detached $349,900 3 2 1589
5132 Timbergrove St Detached $380,000 3 2 1420
93 Kingsgate Rd Detached $389,900 3 2.5 1669
3508 Red Cedar Way Detached $429,900 4 2 1425
5749 Windfield Loop Detached $499,900 3 3 1873
31 Walking Woods Dr Detached $500,000 4 3 2889
16064 Waluga Dr Detached $575,000 7 3 2366
432 Livingood Ln Detached $575,000 4 3 2527
7140 Childs Rd Detached $649,800 3 3 2600
1495 Woodland Terrace Detached $715,000 4 2.5 3960
15960 Parker Rd Detached $720,000 3 2.5 2566
17766 Marylcreek Dr Detached $769,000 4 3.5 4439
5343 Greystoke Dr Detached $816,000 4 3 3097
4867 Upper Dr Detached $849,000 4 3 2852
1600 Oak St Detached $950,000 4 3.5 4385
18245 River Edge Ct Detached $1,100,000 3 3 4830
575 B Ave Detached $1,125,000 5 3.5 3534
400 D Ave Detached $1,239,000 5 3.5 4000
12822 Alto Park Rd Detached $1,299,000 4 4.5 3426
462 9th St Detached $1,395,000 5 3.5 4357
548 Ridgeway Rd Detached $1,690,000 4 3 2830
1952 Highlands Loop Detached $1,789,000 4 3.5 4100
4140 Canal Rd Detached $4,495,000 8 8.5 11956

Pending Sales (July 6-12, 2015)

Address Type Price Bedrooms Baths Sq Ft DOM
100 Kerr Pkwy #42 Condo $100,000 2 1.5 822 28
47 Eagle Crest Dr #24 Condo $109,000 1 1 672 56
47 Eagle Crest Dr #29 Condo $139,900 1 1 798 5
170 Oswego Summit Condo $145,000 2 2 1506 91
100 Kerr Pkwy #1 Condo $149,900 2 2 1188 94
53 Church St Condo $153,500 1 1 588 3
668 McVey Ave #85 Condo $199,900 2 1.5 976 14
109 3rd ST Condo $249,000 2 2 1016 20
12826 Boones Ferry Rd Attached $304,500 2 2.5 1136 6
1033 Hallinan St Detached $309,900 3 1 1128 159
27 Aquinas Detached $380,000 3 2.5 1568 10
14328 Holly Springs Rd Detached $439,900 4 2.5 1939 24
230 3rd St Detached $450,000 2 1 1316 4
16889 Wight Ln Detached $459,000 4 2.5 2579 86
17359 Ashley Ct Detached $475,000 4 2.5 2370 32
1293 Hide A Way Ln Detached $489,000 3 2.5 1720 4
5020 Hampton Ct Detached $559,500 3 2.5 2253 257
4220 Albert Circle Detached $565,000 3 3 2406 49
18910 Terry Ave Detached $579,900 4 3.5 4290 159
1097 C Ave Detached $599,000 3 2 1650 21
855 G Ave Detached $599,000 3 1.5 3165 5
12448 Orchard Hill Rd Detached $599,900 4 3 3336 178
4896 Hastings Dr Detached $650,000 4 2.5 2785 7
729 Southview Rd Detached $695,000 3 2 2657 141
17024 Canal Circle Detached $720,000 3 1 1267 39
13254 Twin Creek Ct Detached $749,900 4 2.5 3470 21
14009 Chelsea Dr Detached $765,000 4 2.5 3060 5
18137 Delenka Ln Detached $789,000 4 2.5 3555 0
17340 Oak Meadow Ln Detached $929,000 3 3.5 3718 35
983 Lake Front Rd Detached $1,595,000 3 2.5 2199 76
16511 maple Circle Detached $1,670,000 3 2.5 3342 93
1000 Atwater Rd Detached $2,095,000 4 4.5+.5 6391 120
1345 Chandler Rd Detached $2,695,000 5 4.5 6800 98

Sold/Closed (J6-12, 2015)

Address Type List Price Sold Price Sq Ft CDOM
272 Cervantes Condo $159,000 $163,000 1209 6
208 Oswego Summit Condo $169,900 $169,900 1383 4
4334 Botticelli St Condo $225,000 $217,750 2298 43
16250 Pacific Hwy #56 Condo $247,500 $229,900 1305 439
25 Oriole Ln Detached $299,900 $293,000 1460 18
1023 Oriole Ln Detached $299,900 $293,000 1460 18
1023 Hallinan St Detached $329,900 $320,000 1097 58
1 Peacock Pl Detached $348,500 $360,000 1248 13
4965 Suntree Ln Detached $399,900 $425,000 1572 5
304 6th St Detached $450,000 $435,000 941 21
5431 Willow Ct Attached $475,000 $460,000 2465 8
18581 Waxwing Way Detached $479,000 $464,000 2076 24
101 3rd St Condo $485,000 $485,000 1447 3
1426 Orchard Way Detached $549,000 $553,000 2700 4
1681 Woodland Terrace Detached $585,000 $585,000 2304 26
17348 Hunter Ct Detached $609,000 $609,900 2991 4
17336 Hunter Ct Detached $609,900 $609,900 3023 28
2084 Ridgewood Rd Detached $799,000 $650,000 2117 109
1770 Headlee Ln Detached $750,000 $680,000 2434 112
2737 Tolkien Detached $699,000 $722,337 4397 3
5728 Bay Creek Dr Detached $799,000 $799,000 3504 5
22 Hotspur St Detached $829,000 $835,000 4002 7
1854 Oak Knoll Ct Detached $1,995,000 $925,000 3530 237
610 9th St Detached $1,200,000 $1,160,000 3690 5
3301 Upper Dr Detached $1,400,000 $1,160,000 3690 5
16645 Graef Circle Detached $1,540,000 $1,450,000 3075 56

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.

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Happy 4th of July, Lake Oswego!

Happy 4th of July Lake Oswego!

This morning I got up bright and early to extend an effort to bring some patriotic spirit to my fellow neighbors here in Lake Grove on Bonaire. Nobody knows your neighborhood like your neighbor!
I have lived in the Lake Grove area since I was 12, and what a wonderful part of Lake Oswego it is. There are peacocks that parade up and down Bonaire, which add to the lavish and unique experience.
One of my favorite things to do on the 4th of July, in my neighborhood, is light off small fireworks along our street (while staying mindful of the traffic and the wildlife), before heading down to the lake to see the spectacular fireworks display at 9:45pm.
This 4th I hope that everybody has fun and staff holiday!

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Changes With Appraisals

l-lake-oswego-mansionSomething is going on with appraisals these days and it is significant enough to impact the purchase or sale of a home if the sale involves a mortgage. There are two specific changes with one leading to the other.

Appraisals are taking longer

For pretty much my entire real estate career the time for an appraisal to be ordered and completed has typically been about 10 days. When things got busy, it may take a day or two longer. When things slowed down, it might come in more quickly. This quick turn around allowed buyers the luxury of completing all of their home inspections and having the certainty that the house is something that they wanted to buy, before they had to pay for an appraisal. No more.

I am experiencing appraisals that are taking a minimum of two weeks and I currently have an FHA loan being processed in which the appraisal took a full month.

Oswego-LakeWhat is causing this? It certainly has to do with the fact that we are in the peak of the selling season with an above average amount of loans being processed. But I think there is another factor. Just as qualifying for a loan has become more difficult, the appraisal process has tightened up. Appraisers have to factually prove the value based upon collateral. They can not fudge the numbers with things like “an upwardly trending market”. So where there may have been 14 offers and a bidding war to gain a sale, that does not mean that the house will appraise out. This is not about emotion. This is about factually proving the value.

Plan to pay for and order the appraisal within days of acceptance of your offer

This means that to have a closing within 45 days of acceptance, a typical time expectation, you need to pay for the appraisal right away. Buyers just do not have the luxury of waiting until after the home inspection. I suppose you could simply ask for a 60 day close to allow time to inspect before buying the appraisal. Good luck with that in this seller’s market. I am seeing sellers agents commonly write that the appraisal must be ordered right away as a part of the contract negotiation at the time of the offer.

So just a heads up. This change is having a pretty big impact on closing transactions. Plan ahead, get the appraisal ordered early, and close on time. This will make everyone happy.

Dianne

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Market Activity June 15-21, 2015

Inventory seems to have picked up this past week with 26 new listings, however, sales continue to outpace the inventory with 36 houses going into pending status. We had 17 closed/sold sales.

See below of further explanation of the RMLS data.

New on the Market (June 15-21, 2015)

Address Type Price BR Bths SF
47 Eagle Crest Dr #27 Condo $129,000 2 1 947
3964 Carman Dr Condo $229,800 2 2.5 1129
109 3rd St Condo $249,000 2 2 1016
12828 Boones Ferry Rd Attached $320,000 2 2.5 1136
7 Saint Helens Circle Detached $335,000 2 2 1275
39 Condolea Ct Condo $375,000 3 3 2198
14328 Holly Springs Rd Detached $439,000 4 2.5 1939
15948 Quarry Rd Detached $464,000 2 1 920
5895 Burma Rd Detached $474,900 4 2.5 1781
674 Lexington Ct Detached $574,000 3 2.5 2477
213 Hidalgo St Detached $575,000 4 3.5 3964
2302 Overlook Dr Detached $579,000 4 2.5 3125
1097 C Ave Detached $599,000 3 2 1650
13254 Twin Creek Ct Detached $749,900 4 2.5 3470
16717 Sylvan Ct Detached $749,999 4 3.5 4949
19133 Megan Pl Detached $774,500 4 3.5 3724
14205 Edenberry Dr Detached $792,500 3 2.5 3051
18383 Old River Dr Detached $895,000 4 4.5 4548
4948 Hampton Ct Detached $939,000 3 3.5 3434
17622 Lake Haven Dr Detached $1,089,000 2 2 1400
18347 Lothlorien Way Detached $1,098,000 5 3.5+.5 4141
3820 Southshore Blvd Detached $1,295,000 5 4 4855
16847 Greenbrier Rd Detached $1,895,000 3 2.5 2304
2025 Cedar Ct Detached $2,200,000 3 4 4062
674 Livingood Ln Detached $548,900 4 2.5 2714
5413 Langford Ln Detached $759,995 3 2.5 2879

Pending Sales (June 15-21, 2015)

Address Type Price BR Baths SF DOM
16 Crestfield Ct Condo $95,500 1 1 550 36
10 Condolea Dr Attached $240,000 2 2 1312 33
668 McVey Ave #24 Condo $249,900 1 1 626 70
750 1st St #14 Condo $250,000 2 2 1350 11
4851 Madrona St Detached $299,900 3 2 1434 14
1033 Hallinan St Detached $309,900 3 2 1128 134
234 Greenridge Attached $329,900 3 2 1492 2
236 Greenridge Attached $344,900 3 2 1492 2
5861 Benfield Ct Detached $379,000 4 2 1557 36
6145 McEwan Rd Detached $399,000 2 2.5 1850 3
1600 Ash St Detached $399,900 3 2 2037 8
4965 Suntree Ln Detached $399,900 3 2.5 1572 5
11 Churchill Downs Detached $430,500 4 2.5 2336 81
7 Hidalgo St Detached $439,900 3 2.5 2408 57
14594 Wilmot Way Detached $448,000 3 2.5 1710 10
4793 Auburn Ln Attached $450,000 3 2.5 2083 20
643 2nd St Attached $450,000 2 2 1457 2
16889 Wight Ln Detached $459,000 4 2.5 2579 65
1500 Woodland Terrace Detached $486,000 3 2.5 2645 42
2550 Greentree Rd Detached $499,000 4 3 2852 53
4124 Orchard Way Detached $549,000 4 2.5 2700 4
16873 Cherry Crest Dr Detached $550,000 4 3 2394 4
2250 Park Rd Detached $559,900 3 2 2072 98
5045 Greensborough Ct Detached $569,900 4 2.5 2107 9
4311 Orchard Way Detached $585,000 4 2.5 2804 20
1511 Woodland Terrace Detached $599,900 5 2.5 3439 78
820 Lake Forest Dr Detached $599,950 4 2.5 2676 29
16750 Phantom Bluff Ct Detached $614,500 3 3 2267 7
18420 Deer Oak Ave Detached $629,900 4 3 2476 1
930 Cumberland Rd Detached $715,000 4 2.5 2960 3
321 5th St Detached $719,000 3 3.5 2737 158
251 D Ave Detached $849,000 4 2.5+.5 2635 8
2024 Palisades Terrace Dr Detached $975,000 4 3.5 4819 6
19320 Lorna Ln Detached $1,100,000 4 3.5 4192 208
1578 View Lake Ct Detached $1,499,000 4 4.5 4476 35
16645 Graef Circle Detached $1,549,000 4 4.5 3075 56

Sold/Closed (June 15-21, 2015)

Address Type List Price Closed Price Sq Ft CDOM
15 Oswego Summit Condo $131,000 $100,619 1212 373
19 Crestfield Ct Condo $157,900 $154,000 923 19
17780 Hill Way Detached $275,000 $275,000 960 4
18651 Don Lee Way Detached $399,000 $399,000 1,630 21
14145 Redwood Ct Detached $539,000 $508,000 2452 64
4725 Firwood Rd Detached $569,900 $575,000 2557 6
4263 Sunset Dr Detached $625,000 $615,000 3250 27
2464 Marylhaven Pl Detached $610,000 $630,000 2898 4
8 Cellini Ct Detached $705,000 $671,920 3494 19
5626 Grand Oaks Dr Detached $749,000 $741,000 3387 21
5955 Sunbrook Dr Detached $759,000 $759,000 3110 5
18120 Delenka Ln Detached $759,900 $759,900 3157 14
17583 Shepherds Ct Detached $774,900 $770,000 2997 47
18430 Pilkington Rd Detached $795,000 $795,000 2946 18
2764 Rivendell Rd Detached $819,000 $812,000 3220 0
17620 Blue Heron Rd Detached $1,198,000 $1,150,000 4041 67
2322 Knaus Rd Detached $1,595,000 $1,539,000 4875 19

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.

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Market Activity Report June 1st – 7th 2015

This is coming a bit late, this is a large report! Lake Oswego is doing superb! 18 new houses on the market, 38 pending sales (good luck you guys! You got this!), and 15 sales.

Following is the breakdown for you according to RMLS for last week:

New on the Market (May 25-31, 2015)

Address Type Price Bedrooms Bathrooms Sqft
44 EAGLE CREST DR #10 CONDO 93,900 1 1 789
47 EAGLE CREST DR #20 CONDO 126,950 2 1 1009
200 BURNHAM RD #102 CONDO 229,900 1 1 820
750 1ST ST #14 CONDO 250,000 2 2 1350
200 BURNHAM RD #406 CONDO 265,000 2 1 1199
4851 MADRONA ST DETACHED 299,900 3 2 1434
14594 WILMOT WAY DETACHED 448,000 3 2.5 1710
17359 ASHLEY CT DETACHED 475,000 4 2.5 2370
1458 GREENTREE CIR DETACHED 549,000 4 2.5 2156
24 PARTRIDGE LN DETACHED 584,000 4 2.5 3238
149 MIDDLECREST RD DETACHED 729,000 2 2 2302
3270 FIR RIDGE RD DETACHED 750,000 4 3 3349
4719 LAKEVIEW BLVD DETACHED 765,000 4 2.5 2923
5364 LANGFORD LN DETACHED 825,000 3 2.5 3022
811 NORTHSHORE RD DETACHED 1,465,000 4 4 4945
1098 CHANDLER RD DETACHED 2,145,000 4 3.5 3471
13590 GOODALL RD DETACHED 3,000,000 4 3.5 5656
1901 PALISADES TERRACE DR DETACHED 3,945,000 5 4.5 7284

Pending Sales (May 25-31, 2015)

Address Type Price Bedroom Bathrooms DOM
89 GALEN ST #89 CONDO 82,000 1 1 88
4 TOUCHSTONE #146 CONDO 137,500 2 2 4
3814 BOTTICELLI ST ATTACHED 189,900 2 2 21
4459 THUNDER VISTA LN CONDO 255,000 2 2.5 32
16200 PACIFIC HWY #24 CONDO 269,000 2 2 141
17780 HILL WAY DETACHED 275,000 2 1 4
36 WHEATHERSTONE CONDO 300,000 3 2.5 6
105 KINGSGATE RD CONDO 319,900 3 2 0
1023 HALLINAN ST DETACHED 329,900 3 1.5 58
1 PEACOCK PL DETACHED 348,500 3 2.5 13
16444 BONAIRE AVE DETACHED 349,900 3 2 14
17270 BRYANT RD DETACHED 399,000 3 3 49
820 BOCA RATAN DR DETACHED 399,000 4 3 4
1647 DEVON LN DETACHED 399,900 4 2.5 13
12519 SW 27TH PL DETACHED 440,000 3 2.5 0
5431 WILLOW CT ATTACHED 475,000 3 2.5 8
1426 GREENTREE CIR DETACHED 539,900 4 3 1043
2043 RIDGEWOOD RD DETACHED 579,900 5 3 3016
18910 TERRY AVE DETACHED 585,000 4 3.5 121
17348 HUNTER CT DETACHED 609,900 3 2.5 4
17336 HUNTER CT DETACHED 609,900 3 2.5 28
555 COUNTRY CLUB RD DETACHED 625,000 3 3 328
16920 GREENTREE AVE DETACHED 625,000 4 2.5 31
2084 RIDGEWOOD RD DETACHED 679,000 3 2.5 109
729 SOUTHVIEW RD DETACHED 695,000 3 2 105
5441 BAY CREEK DR DETACHED 725,000 4 2.5 15
3 MOUNTAIN VIEW LN DETACHED 750,000 5 3.5 127
4055 ORCHARD DR DETACHED 775,000 5 3.5 44
4974 CASCARA LN DETACHED 799,000 4 2.5 2
2348 SUMMIT DR DETACHED 859,000 4 3 4
910 FAIRWAY RD DETACHED 1,069,000 4 3.5 189
610 9TH ST DETACHED 1,200,000 4 3.5 5
16902 CHAPIN WAY DETACHED 1,299,000 5 4 84
18024 ESTRIDGE LN DETACHED 1,398,801 4 3.5 186
19300 STAFFORD RD DETACHED 1,995,000 4 2.5 75

Sold/Closed (May 25-31, 2015)

Address Type List Price Close Price Sqft DOM
54 GALEN ST CONDO 135,900 121,500 995 42
48 EAGLE CREST DR 3D CONDO 248,000 233,000 1434 20
5062 FOOTHILLS DR H CONDO 250,000 249,000 1252 5
2031 BONNIEBRAE DR ATTACHED 319,900 319,900 1611 6
16953 GREENTREE AVE DETACHED 420,000 482,000 1941 4
1033 SPRUCE ST DETACHED 495,000 506,075 1562 28
5210 COVENTRY CT DETACHED 510,000 515,000 2135 2
13431 VERMEER DR DETACHED 499,000 518,000 2700 9
5600 DOGWOOD DR DETACHED 525,000 525,000 1908 5
1119 OAK ST DETACHED 529,900 529,900 2123 99
4011 COHO LN DETACHED 585,000 585,000 2776 0
12615 SW 21ST CT DETACHED 739,000 727,000 4594 36
4123 CHAD DR DETACHED 854,950 782,000 3833 186
14536 PFEIFER DR DETACHED 1,200,000 1,100,000 3781 131
290 IRON MOUNTAIN BLVD DETACHED 2,095,000 2,060,000 4733 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.

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Open Houses

Open houseIt has been a hectic 5 days (2 new listings, both sold within days, whew!) so I apologize for the lateness of this posting. I had intended to do this last week.

Believe it or not, open houses are actually fairly controversial among Realtors. Years ago I worked in an office where one of the agents had a large sign he used at listing appointments. It had the words “Open House” with one of those big red “O’s” with a line through it. In other words, he let people know right up front he would not be doing any open houses. That is one side of the argument, that they don’t work. I am on the other side, I think that they do work.

For some real estate agents I think they feel it is a waste of time. It is true that the Internet is way more affective to generate interest in a house. The other thing that’s affective is correct pricing. And as someone who has spent many, many hours in open houses, it can feel like a waste of time. But I do them anyway.

Why? Because they work. Not every time. In fact, not most of the time. But they are a tool. Why not use every tool available? In 28 years of selling houses, I have held open houses for every listing I have ever had if it stayed on the market for more than a week. This means I do open houses nearly every weekend and sometimes 2 in one day. But you know what? I sell a house off of my open house efforts every now and again. I am writing this post because I sold a listing off of an open house about a week ago.

Now a word of caution. When an open house is held, the listing agent has no control over who attends. This means that the public is coming through the house. As a home owner, you need to put away any tempting items that could be pilfered: jewelry, little clocks and collectables, money, watches, and prescription medications. As a Realtor, you need to not allow anyone to use the bathrooms and you’ve got to keep an eye on the people who come through by going through the house with them and watching them.

In a nutshell, I don’t think open houses are a waste of time. Because I do them, I have seen them work. If I didn’t do them, well that would doom them to failure from the get go.

So here’s wishing you some happy house hunting on a nice, sunny afternoon like today.
Dianne

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Market Activity May 25-31, 2015

We are definitely in the full throws of the spring market. It is hectic! Last week in Lake Oswego there were 21 new listings, 19 houses that went pending, and 22 closed sales.

Following is the breakdown for you according to RMLS for last week:

New on the Market (May 25-31, 2015)

Address Type Price BR Bths SF
3812 Botticellil St Condo $239,000 3 2 1200
17780 Hill Way Detached $275,000 2 1 960
36 Wheatherstone Condo $300,000 3 2.5 1692
15112 Quarry Rd Detached $364,900 3 2 1968
820 Boca Ratan Dr Detached $399,000 4 3 2220
4793 Auburn Ln Attached $450,000 3 2.5 2083
5431 Willow Ct Attached $475,000 3 2.5 2465
15941 Inverurie Rd Detached $495,000 4 2 2611
37 Berwick Rd Detached $510,000 3 2 2198
4311 Orchard Way Detached $615,000 4 2.5 2804
760 Timberline Dr Detached $624,500 4 3 3058
5335 Carman Grove Ln Detached $695,000 3 2.5 2316
17024 Canal Circle Detached $785,000 3 1 1267
2221 Overlook Dr Detached $799,000 3 2.5 3628
5590 Koderra Ave Detached $828,800 4 2.5 3289
3788 Southshore Blvd Detached $900,000 3 3 3224
769 2nd St Detached $1,150,000 5 2.5 3308
610 9th St Detached $1,200,000 4 3.5 3690
3914 Edens Edge Dr Detached $1,745,000 5 5.5+.5 6891
129 Furnace St Condo $1,995,000 4 4.5 5772
3142 Lakeview Blvd Detached $4,350,000 4 5 5554

Pending Sales (May 25-31, 2015)

Address Type Price BR Baths SF DOM
4 Crestfield Ct #4 Condo $145,000 2 1 923 14
19 Crestfield Ct Condo $157,000 2 1 923 19
226 Ridgeway Rd Condo $170,000 1 1 756 5
5276 W Sunset Dr Detached $319,000 2 1 840 23
5340 Chinook Ct Detached $374,500 3 2 1801 5
1637 Devon Ln Detached $399,900 4 2.5 2494 7
15921 Kimball St Detached $499,900 3 2 2309 3
147 Del Prado St Detached $519,000 3 3 2790 31
17101 Chapin Way Detached $519,000 3 2 1949 74
17820 Westview Dr Detached $524,900 3 2.5 2407 25
4736 Amherst Ct Attached $575,000 3 2.5 2812 4
1982 Park Forest Ave Detached $585,000 4 3 2765 24
14309 Meadow Grass St Detached $599,999 4 2.5 2620 1
2737 Tolkien Ln Detached $699,000 4 3.5 4397 3
5864 Stewart Glenn Ct Detached $790,000 4 2.5 3224 4
18430 Pilkington Rd Detached $795,000 4 3 2946 18
851 9th St Detached $999,900 4 2.5 2699 6
15451 Village Dr Detached $1,075,000 3 3.5 4154 12
3140 Douglas Circle Detached $1,395,000 4 3.5 4333 54

Sold/Closed (May 25-31, 2015)

Address Type List Price Closed Price Sq Ft CDOM
44 Cervantes Cir #44 Condo $132,500 $125,000 912 21
16250 Pacific Hwy #67 Condo $149,900 $140,000 841 45
191 Oswego Summit Condo $150,000 $100,000 1506 304
16200 Pacific Hwy #21 Condo $269,000 $259,000 1,190 113
15434 Stephanie Ct Attached $315,000 $320,000 1566 2
7 Condolea Dr Condo $380,000 $380,000 2388 23
44 Northview Ct Attached $385,000 $385,000 2340 7
4972 Galen St Attached $430,000 $421,000 1942 175
5189 Tualata Ln Detached $475,000 $440,000 2422 150
683 5th St Detached $450,000 $450,000 2100 0
556 6th St Detached $450,000 $450,000 1560 0
1297 Hide a Way Ln Detached $525,000 $522,000 1832 6
18728 Bryant Rd Detached $544,995 $524,995 2736 45
3170 Royce Way Detached $539,900 $535,000 3193 6
5326 Childs Rd Detached $549,901 $538,000 1801 57
17650 Westview Dr Detached $579,900 $555,000 2849 101
3009 Wembley Park Rd Detached $598,500 $570,000 1704 122
4201 Haven St Detached $649,900 $625,000 2678 33
77 Garibaldi St Detached $829,000 $817,000 3023 49
496 8th St Detached $879,000 $850,000 2899 35
1901 Summit Dr Detached $899,000 $899,000 3444 7
720 Kenola Ct Detached $1,200,000 $985,000 3727 53

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.