Market Activity Aug 19-25, 2013

Here is last week’s real estate activity for Lake Oswego:
20 newly listed properties
17 properties with offers accepted
12 properties that closed and are officially sold.

I would also like to pay tribute to Martin Luther King, a great man who 50 years ago showed us the meaning of freedom. He was a truly great American.

Martin Luther King August 28, 1963
Martin Luther King
August 28, 1963

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 19-25, 2013):

Address Type Price BR Bths SF
5051 Foothills Dr E Condo $189,900 2 2 991
200 Burnham Rd #406 Condo $199,999 2 1 1199
4221 Cobb Way Detached $299,900 3 2 1724
16200 Pacific Hwy #10 Condo $310,000 2 2 1190
4185 Childs Rd Detached $319,900 3 1.5 1175
4 Wheatherstone #2 Condo $326,900 3 2.5 1692
4990 Oakridge Rd Detached $329,000 3 2 1700
17833 Central Ave Detached $339,000 3 2 1533
1602 Greentree Rd Detached $412,500 3 2 1708
17140 Wall St Detached $455,000 4 3 3711
6187 Frost Ln Detached $459,000 4 2.5 2149
915 Bullock St Detached $475,000 4 3 2986
895 York Rd Detached $479,000 3 2 1924
13930 Majestic Ct Detached $495,000 3 2.5 2956
429 10th St Detached $495,000 4 3 2280
1500 Eastview Ct Detached $649,000 4 3.5 3946
1805 Glenmorrie Terrace Detached $798,000 3 2.5 2640
18499 Old River Dr Detached $819,000 4 3.5 4020
18025 Skyland Circle Detached $1,199,000 4 4.5+.5 5379
1032 Westward Ho Rd Detached $1,999,000 4 3.5 3404

PENDING SALES (Aug 19-25, 2013)

Address Type Price BR Baths SF DOM
45 Eagle Crest Dr #204 Condo $104,900 1 1 768 2
3978 Carman Dr Attached $169,900 2 2.5 1098 3
3864 Botticelli St Condo $174,950 2 1.5 1132 4
1280 Oak Terrace Detached $274,900 3 2 1990 43
3616 Lake Grove Ave Detached $319,000 3 2 1150 0
5195 Firwood Rd Detached $359,000 3 3 1926 80
85 Laurel St Detached $360,000 4 3 2820 102
16 Aquinas St Detached $400,000 3 2.5 1658 1
720 Pebble Beach Ct Detached $405,000 4 2.5 1957 2
908 Cumberland Pl Detached $439,500 4 3 2715 73
5272 Tualata Ln Detached $500,000 4 3 2529 67
14101 Redwood Ct Detached $605,000 3 3.5 2629 8
13432 Rogers Rd Detached $675,000 3 2.5 3454 28
2833 Rivendell Rd Detached $698,000 4 2.5 2932 72
5623 Grand Oaks Dr Detached $699,000 4 2.5 3323 15
17160 Kelok Rd Detached $699,000 4 4 4650 10
12210 Orchard Hill Rd Detached $1,495,000 4 3.5+.5 4640 67

SOLD (Aug 19-25, 2013)

Address Type List Price Closed Price Sq Ft CDOM
18545 Kristi Way Detached $279,000 $265,000 1307 2
1129 Cherry Ln Detached $379,900 $320,000 2421 91
31 Oriole Ln Detached $375,000 $355,000 1968 38
16200 Terrace Dr Detached $400,000 $430,000 2,085 2
980 Cumberland Place Detached $475,000 $475,000 2791 7
5482 Bay Creek Dr Detached $564,900 $552,878 2554 5
4860 Hastings Dr Detached $645,000 $630,000 2942 21
17692 Woodhurst Pl Detached $789,000 $748,290 3890 24
14100 Taylors Crest Ln Detached $850,000 $820,000 4087 43
3720 Marquis Ct Detached $885,000 $835,000 4795 122
481 9th St Detached $879,000 $879,000 2813 3
17809 Kelok Rd Detached $1,249,000 $1,268,000 3700 22

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