It is that time of year; the time where people who’ve taken their homes off the market during holiday season etc decide to put them back on or at least change their ML#’s to “refresh” the Listings for the new year. While this is a common practice, and is a useful strategy for Sellers to consider, it is not as helpful to our Property Blotter readers who are looking for new properties entering the market. So… we do the sorting work for you and remove those that have been refreshed in this manner. For this cycle, out of 13 that appeared to be New, we show 4 actually New in Lake Oswego. (Yes, Inventory is still quite low. Overall Portland Area Inventory as of Dec 31st was 1.2 months…)
During the period of January 18-24, 2016 (last week) in Lake Oswego, we saw 4 New properties enter the market, 19 move to Pending status, and 9 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Jan 18-24, 2016)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 59 GREENRIDGE CT | $369,000 | 3 | 2.1 | 2004 | ATTACHD |
| 142 DEL PRADO ST | $495,000 | 4 | 3 | 1950 | DETACHD |
| 14 DOVER WAY | $1,099,000 | 5 | 3.1 | 4593 | DETACHD |
| 12975 SW ELK ROCK RD | $1,500,000 | 5 | 3.1 | 3878 | DETACHD |
PENDING SALES (Jan 18-24, 2016)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 44 EAGLE CREST DR | $150,000 | 2 | 1 | 908 | CONDO | 3 |
| 48 EAGLE CREST DR #5E | $205,000 | 2 | 2 | 1443 | CONDO | 16 |
| 3968 CARMAN DR | $239,900 | 2 | 2.1 | 1129 | CONDO | 5 |
| 1248 OAK ST | $310,000 | 2 | 1 | 900 | DETACHD | 69 |
| 668 MCVEY AVE #57 | $340,000 | 3 | 1.1 | 985 | CONDO | 142 |
| 6 THE GROTTO | $375,000 | 3 | 2 | 1381 | DETACHD | 14 |
| 5329 CHARLETON CT | $379,900 | 3 | 2 | 1120 | DETACHD | 8 |
| 18088 BELMORE AVE | $405,000 | 3 | 1.1 | 1304 | DETACHD | 10 |
| 3759 LANEWOOD ST | $419,000 | 3 | 2.1 | 1783 | DETACHD | 4 |
| 6286 HARRINGTON AVE | $449,999 | 3 | 2 | 3219 | DETACHD | 249 |
| 13160 PETERS RD | $460,000 | 3 | 2.1 | 1946 | DETACHD | 11 |
| 490 G AVE | $499,000 | 5 | 2 | 2126 | DETACHD | 7 |
| 136 D AVE | $575,000 | 2 | 2.1 | 1741 | ATTACHD | 9 |
| 524 WEIDMAN CT | $669,000 | 4 | 2.1 | 3450 | DETACHD | 13 |
| 15837 ALLISON PL | $679,000 | 4 | 2.1 | 3534 | DETACHD | 125 |
| 5371 SOUTHWOOD DR | $724,900 | 3 | 3 | 2751 | DETACHD | 3 |
| 5646 GRAND OAKS DR | $729,000 | 3 | 2.1 | 3388 | DETACHD | 33 |
| 5355 ROSALIA WAY | $925,000 | 4 | 3.1 | 3764 | DETACHD | 1 |
| 3487 LAKE GROVE AVE | $1,050,000 | 4 | 3.1 | 3473 | DETACHD | 6 |
SOLD (Jan 18-24, 2016)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4000 CARMAN DR #12 | $158,500 | $158,500 | 2 | 2 | 866 | CONDO | 23 |
| 4 MOUNTAIN CIR | $305,000 | $303,000 | 2 | 1.1 | 1598 | CONDO | 23 |
| 1857 BOCA RATAN DR | $330,000 | $330,000 | 3 | 2 | 1611 | ATTACHD | 0 |
| 17422 BLUE HERON RD | $399,900 | $400,000 | 3 | 2 | 1954 | DETACHD | 94 |
| 225 HIDALGO ST | $499,900 | $492,500 | 4 | 2.1 | 2299 | DETACHD | 21 |
| 16717 SYLVAN CT | $749,999 | $680,000 | 4 | 3.1 | 4949 | DETACHD | 176 |
| 17154 LOWENBERG TER | $799,960 | $800,000 | 5 | 3.1 | 3514 | DETACHD | 65 |
| 806 6TH ST | $1,109,900 | $1,075,000 | 4 | 2.1 | 2730 | DETACHD | 123 |
| 17096 CHAPIN WAY | $1,445,000 | $1,495,000 | 4 | 5 | 4395 | DETACHD | 128 |
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.