Last week Lake Oswego had 16 homes come onto the market, 14 houses go sale pending, and 17 closed sales. Trends? Of the 16 new listings, 5 were homes that were on the market a year or more ago, expired, and have now re-listed. My thought is that the home owners have seen the market pick up and are now thinking they may have better luck. They may be right. Of the pending sales, 1/3 sold is less than 30 days. Of the closed sales, 1/2 sold is less than 30 days.
See below for further details on last week’s Market Activity:
NEWLY LISTED (August 13-19, 2012)
| Address | Type | Price | BR | Bths | SF |
| 4 Touchstone #120 | Condo | $104,900 | 3 | 2.5 | 1351 |
| 668 McVey Ave #16 | Condo | $205,000 | 2 | 1 | 852 |
| 18350 Tualata Ave | Detached | $234,900 | 2 | 1 | 996 |
| 5276 Oakridge Rd | Detached | $274,900 | 3 | 2 | 1600 |
| 4 Del Prado St | Detached | $299,900 | 3 | 2.5 | 1716 |
| 4104 Lakeview Blvd | Detached | $300,000 | 4 | 2 | 2024 |
| 1113 Erickson St | Detached | $324,900 | 4 | 2 | 2203 |
| 15364 Twin Fir Rd | Detached | $324,900 | 3 | 1 | 1608 |
| 14190 Taylors Crest Ln | Detached | $389,900 | 4 | 2.5 | 2577 |
| 1041 Oxford Dr | Detached | $444,000 | 4 | 3.5 | 2712 |
| 17336 Hunter Ct | Detached | $454,900 | 3 | 2.5 | 3004 |
| 2376 Fernwood Cir | Detached | $489,000 | 5 | 2 | 2600 |
| 5682 Charles Cir | Detached | $549,000 | 4 | 2.5 | 3052 |
| 1023 Country Commons | Detached | $619,000 | 4 | 3 | 3359 |
| 13624 Provincial Hill Way | Detached | $729,900 | 4 | 2.5 | 3704 |
| 17550 Lake Haven Dr | Detached | $949,900 | 4 | 2.5 | 2580 |
PENDING SALES (August 13-19,2012 2012)
| Address | Type | Price | BR | Baths | SF | DOM |
| 100 Kerr Pkwy #24 | Condo | $51,500 | 1 | 1 | 617 | 38 |
| 100 Kerr Pkwy #14 | Condo | $64,900 | 1 | 1 | 617 | 184 |
| 4000 Carman Dr #10 | Condo | $119,900 | 2 | 2 | 836 | 8 |
| 4968 Oakridge Rd | Detached | $195,000 | 3 | 1.5 | 1240 | 15 |
| 5851 Burma Rd | Detached | $239,888 | 4 | 2 | 1760 | 38 |
| 1674 Larch St | Detached | $250,000 | 3 | 2.5 | 1794 | 147 |
| 6320 Dawn Ave | Detached | $349,500 | 5 | 3 | 2400 | 49 |
| 12 Morningview Ln | Attached | $420,000 | 3 | 2.5 | 2683 | 44 |
| 3220 Edgemont Rd | Detached | $519,900 | 4 | 3 | 2159 | 3 |
| 2574 Glen Eagles Pl | Detached | $549,000 | 4 | 3 | 2639 | 69 |
| 775 F Ave | Detached | $595,000 | 4 | 2.5 | 2700 | 3 |
| 18283 Lothlorien Way | Detached | $609,900 | 4 | 3 | 3015 | 22 |
| 16736 Sylvan Ct | Detached | $779,000 | 4 | 3 | 3914 | 329 |
| 3105 Wembley Park Rd | Detached | $875,000 | 3 | 2.5 | 3209 | 285 |
SOLD (August 13-19,2012)
| Address | Type | List Price | Closed Price | BR | Baths | CDOM |
| 3976 Carman Dr | Attached | $169,900 | $148,000 | 2 | 2.5 | 22 |
| 1401 Greentree Cir | Detached | $299,900 | $260,000 | 3 | 2 | 221 |
| 18585 Kristi Way | Detached | $285,000 | $290,000 | 3 | 2 | 1 |
| 728 Ash St | Detached | $280,000 | $307,000 | 3 | 2.5 | 4 |
| 1057 C Ave | Detached | $299,900 | $329,000 | 2 | 1 | 5 |
| 19 Partridge Ln | Detached | $349,900 | $348,600 | 4 | 3 | 6 |
| 4946 Mulholland Dr | Attached | $389,900 | $359,900 | 3 | 2.5 | 337 |
| 4824 Hastings Dr | Detached | $360,000 | $385,000 | 4 | 2.5 | 7 |
| 17265 Cedar Rd | Detached | $417,000 | $411,000 | 4 | 2.5 | 59 |
| 1611 Lee St | Detached | $429,900 | $417,810 | 3 | 2.5 | 46 |
| 13849 Melrose Pl | Detached | $459,900 | $453,000 | 3 | 2.5 | 123 |
| 3220 Duncan Dr | Detached | $499,900 | $472,500 | 4 | 2.5 | 31 |
| 5666 Grand Oaks Dr | Detached | $525,000 | $498,000 | 4 | 2.5 | 15 |
| 5604 Grand Oaks Dr | Detached | $599,999 | $573,000 | 5 | 3 | 172 |
| 14175 Taylors Crest Ln | Detached | $595,000 | $574,500 | 3 | 3 | 246 |
| 475 10th St | Detached | $739,000 | $720,000 | 5 | 3 | 23 |
| 5933 Suncreek Dr | Detached | $849,000 | $800,000 | 4 | 3.5+.5 | 18 |
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