Market Activity Nov 25-Dec 1, 2013

While the market has slowed during the holidays, activity remains balanced with similar numbers of homes coming onto the market as are selling. Last week in Lake Oswego there were 10 new listings, 9 pending sales, and 8 closed sales.

Here is the breakdown of activity according to RMLS:

NEW ON MKT (Nov 25-Dec 1, 2013):

Address Type Price BR Bths SF
52 Oswego Summit Condo $76,300 1 1 700
100 Kerr Parkway #42 Condo $104,000 2 1.5 822
100 Kerr Parkway #59 Condo $112,000 2 1.5 823
16 Cervantes Cir #6E Condo $149,900 2 1.5 912
3101 Wembley Park Rd #1 Detached $338,950 2 1 858
4344 Snowbrush Ct Detached $529,000 4 3.5 3422
17900 Canal Rd Detached $609,000 4 3 2992
1941 Woodland Terrace Detached $619,000 4 3 3684
421 Middlecrest Rd Detached $645,000 3 2.5 2383
401 Ash St Detached $699,900 4 4 5526

PENDING SALES (Nov 25-Dec 1, 2013)

Address Type Price BR Baths SF DOM
3433 McNary Parkway #405 Condo $146,950 2 2.5 1208 113
3808 Botticelli St Condo $189,900 3 2 1288 47
17736 Cardinal CT Detached $330,000 4 2.5 2280 6
61 Condolea Terrace Condo $395,000 3 2.5 2373 23
6 Yorick St Detached $495,000 5 3 3116 15
4038 Bass Ln Detached $559,900 4 3 2816 36
621 Country Club Rd Detached $599,900 4 2.5 3300 59
144 Leonard St Detached $699,900 4 3.5 3552 136
215 Chandler Pl Detached $839,000 3 2.5 3118 197

SOLD (Nov 25-Dec 1, 2013)

Address Type List Price Closed Price Sq Ft CDOM
47 Crestfield Ct Condo $100,000 $103,000 923 74
5105 Rosewood St Detached $319,000 $310,000 1848 2
139 Tualata Ln Detached $329,000 $324,000 1524 6
19 Timberlline Dr Detached $349,000 $370,300 2,176 3
18321 Wood Thrush Circle Detached $469,000 $449,600 2333 71
4850 Lower Dr Detached $624,900 $624,900 2700 194
18682 Westview Dr Detached $745,000 $715,000 3243 49
18246 Bella Terra Dr Detached $1,080,000 $1,080,000 4196 3

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