Market Activity Sept 28-Oct 4, 2015

Since the start of school it has felt, to me, like the market has slowed a bit as compared to the hot market we had in June, July and August. Last week’s activity in Lake Oswego brought us 14 new listings, 21 pending sales, and 10 sold/closed sales. This week my business has ramped back up and I have been hearing similar comments from other agents. It will be interesting to see if the numbers are up next week.

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

New on the Market Sept 28-Oct 4, 2015)

Address Type Price Bedrooms Baths Sq Ft
15230 Boones Way 1D Condo $205,000 2 2 1185
16250 Pacific Hwy #74 Condo $274,800 2 2 1,324
191 Oswego Summit #191 Condo $279,000 2 2 1506
14850 Twin Fir Rd Detached $439,000 3 3 2018
6411 Frost St Detached $518,000 3 2.5 2430
18529 Deerbrush Ave Detached $550,000 4 2.5 2461
16731 Alder Circle Detached $555,000 3 2.5 2301
5124 Lakeview Blvd Detached $579,000 4 3 2932
1053 Yates St Detached $664,900 3 2.5 2598
5937 Bay Point Dr Detached $789,000 4 2.5 3174
17154 Lowenberg Terrace Detached $799,960 5 3.5 3514
2337 Hillside Ln Detached $925,000 4 3.5 4932
17346 Canal Circle Detached $995,000 4 3 3406
120 Cabana Pointe Detached $2,199,000 3 3 3446

Pending Sales Sept 28-Oct 4, 2015)

Address Type Price Bedrooms Baths Sq Ft DOM
16250 Pacific Hwy #54 Condo $154,900 1 1 841 10
3892 Botticelli St Condo $231,000 3 2 1288 180
5064 Foothills Dr F Condo $269,000 2 2 1252 84
16200 Pacific Hwy #24 Condo $285,000 2 2 1190 62
5280 Chinook Ct Detached $315,000 3 1.5 1457 4
116 Greenridge Ct Condo $344,900 4 2.5 2832 0
16254 Roosevelt Ave Detached $349,000 2 1 1131 55
14314 Orchard Springs Rd Detached $434,000 5 3 2238 5
27 Del Prado St Detached $449,000 4 2.5 3341 7
18620 Indian CreekDr Detached $469,900 3 2 2064 2
6 Grouse Terrace Detached $544,900 3 3 3576 3
1511 Woodland Terrace Detached $599,900 5 2.5 3439 185
16 Westminster Dr Detached $625,000 4 3 3202 2
607 Ash St Detached $639,000 4 3.5 2860 72
12777 Sierra Vista Dr Detached $679,000 4 2.5 3144 135
2189 Fernwood Circle Detached $699,000 4 3 2921 191
23 Masaryk St Detached $724,000 3 2.5 2861 7
14205 Edenberry Dr Detached $735,000 3 2.5 3051 106
18360 Delenka Ln Detached $799,000 5 3.5 4828 154
18009 Braeden Ct Detached $829,000 4 2.5 3286 64
4112 Orchard Way Detached $950,000 5 4 4190 16

SOLD  (Sept 21-27, 2015)

Address Type List Price Sold Price Sq Ft CDOM
50 Cervantes Circle Condo $165,000 $170,000 1368 4
319 Cervantes Condo $199,900 $210,000 1209 14
3926 Carman Dr Condo $234,900 $234,900 1129 66
48 Eagle Crest Dr 3B Condo $246,900 $245,000 1,489 9
1448 Bonniebrae Dr Attached $250,000 $255,000 1008 1
6053 Fernbrook St Detached $338,000 $338,000 912 4
19431 Tualamere Ave Detached $339,900 $340,000 1200 14
1648 Ash St Detached $449,900 $483,500 1877 2
5466 Bay Creek Dr Detached $615,000 $585,000 2535 35
18086 Jenifers Way Detached $699,000 $699,000 2582 49

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.