We are in February now and I expect these numbers to start climbing. Our market peaks in May and June, but it starts to build in February and March. Doing the market activity report for last week in Lake Oswego, the numbers are still pretty small, particularly the new listings. I know that there are buyers right now that are eager to buy but just haven’t found “the one”. If you are planning to sell this spring, I actually think now is a good time to list because you have such low competition.
Last week in Lake Oswego there were 5 new listings, 18 houses moved to pending status, and 13 closed sales.
Following is the breakdown for you according to RMLS:
New on the Market (Jan 25-31, 2016)
Address | Type | Price | BR | Baths | Sq Ft |
104 Oswego Summit | Condo | $165,000 | 1 | 1 | 800 |
18000 Cardinal Dr | Detached | $674,900 | 4 | 3 | 2750 |
51 Hillshire Dr | Detached | $715,600 | 3 | 2.5+.5 | 4268 |
2155 Ridgewood Rd | Detached | $780,000 | 4 | 3 | 3454 |
17622 Lake Haven Dr | Detached | $1,149,000 | 3 | 2 | |
Pending Sales (Jan 25-31, 2016)
Address | Type | Price | BR | Baths | Sq Ft | CDOM |
4 Touchstone #110 | Condo | $165,000 | 2 | 2 | 989 | 2 |
48 Eagle Crest Dr #D2 | Condo | $174,900 | 3 | 2 | 1623 | 78 |
67 Oswego Summit | Condo | $184,900 | 2 | 2 | 1212 | 88 |
48 Eagle Crest Dr | Condo | $185,700 | 2 | 2 | 1545 | 90 |
11 Summit Ridge Ct | Attached | $349,900 | 2 | 2.5 | 1576 | 11 |
8 Summit Ridge Ct | Attached | $379,900 | 2 | 2.5 | 1642 | 4 |
1775 Kilkenny Rd | Detached | $439,900 | 4 | 2 | 2560 | 42 |
741 Briercliff Ln | Detached | $519,000 | 4 | 3 | 2765 | 24 |
7 Falstaff St | Detached | $519,900 | 4 | 2.5 | 2740 | 140 |
1430 Larch St | Detached | $529,000 | 3 | 3 | 2279 | 34 |
16060 Pearcy St | Detached | $538,000 | 3 | 3.5 | 2101 | 4 |
17927 Ridge Lake Dr | Detached | $629,900 | 4 | 2.5 | 2544 | 142 |
1495 Woodland Terrace | Detached | $649,500 | 4 | 2.5 | 3862 | 12 |
41 Touchstone | Detached | $675,000 | 4 | 3 | 3092 | 100 |
5371 Southwood Dr | Detached | $724,900 | 3 | 3 | 2751 | 9 |
18320 River Edge Ln | Detached | $899,000 | 4 | 4 | 4342 | 290 |
3133 Douglas Circle | Detached | $1,350,000 | 4 | 3.5 | 3981 | 41 |
915 Atwater Rd | Detached | $1,895,000 | 4 | 4.5 | 4102 | 57 |
Sold/Closed (Jan 25-31, 2016)
Address | Type | List Price | Sold Price | Sq Ft | CDOM |
95 Oswego Summit | Condo | $135,000 | $105,000 | 1116 | 56 |
44 Eagle Crest Dr #6 | Condo | $139,900 | $135,000 | 798 | 6 |
45 Eagle Crest Dr #208 | Condo | $185,000 | $182,500 | 1,046 | 152 |
17 Summit Ridge Ct | Attached | $342,500 | $327,500 | 1558 | 0 |
21 Oriole Ln | Detached | $345,000 | $345,000 | 1473 | 228 |
1475 Cherry Crest Dr | Detached | $409,000 | $439,000 | 1739 | 2 |
1651 Larch St | Detached | $489,900 | $505,000 | 2225 | 2 |
6150 Kenny St | Detached | $599,000 | $545,000 | 2070 | 150 |
1330 Pine St | Detached | $799,900 | $770,000 | 3775 | 149 |
18262 Bryant Rd | Detached | $975,000 | $875,000 | 3428 | 601 |
17620 Woodhurst Pl | Detached | $1,195,000 | $975,000 | 4389 | 290 |
3115 Wembley Park Rd | Detached | $1,035,000 | $1,035,000 | 3616 | 3 |
12822 Alto Park Rd | Detached | $1,299,000 | $1,199,000 | 3426 | 179 |
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.