Market Activity Report Dec 5 – 11th, 2016

Hello everybody, and Happy Holidays!
I hope you all have been enjoying the snow! I heard on the radio: one of the DJs was saying that Portlanders aren’t too good at driving in the snow, or ice, or even rain sometimes for that matter. It kind of made me chuckle. I hope you all have been safe through this crazy weather, but enjoying it when you can.

This last week we only had two new houses hit the market. Hooo boy I had to go back and double, even triple, check to make sure that this information was right. Yup, just two new listings! The market is slowing down for the holidays, which gives us all a chance to focus on our families, as well as hosting/travel plans.

Well I’ll end it at that. I hope you all have a wonderful rest of the year. I’m pretty ready for 2017!

Following is the breakdown for you according to RMLS:

New on the Market (Dec 5 – 11th, 2016)

Address Type Price Bedrooms Bathrooms Sqft
1694 BONNIEBRAE DR CONDO 275,000 2 1 864
3838 RIVERS EDGE DR DETACHED 692,000 3 2.5 2849

Pending Sales (Dec 5 – 11th, 2016)

Address Type Price Bedroom Bathrooms DOM
48 EAGLE CREST DR 2F CONDO 225,500 3 2 102
5050 LOWER DR DETACHED 299,900 2 1 86
93 KINGSGATE RD DETACHED 420,000 3 2.5 6
655 2ND ST ATTACHED 499,000 2 2 18
18441 INDIAN CREEK DR DETACHED 500,000 3 2.5 1
19061 SW INDIAN CREEK AVE DETACHED 529,000 4 3 120
4978 SUNTREE LN DETACHED 535,000 3 2.5 1
4 GARIBALDI ST DETACHED 650,000 3 2.5 7
2399 PALISADES CREST DR DETACHED 699,000 5 3.5 38
286 D AVE ATTACHED 799,900 3 2.5 83
4113 WOLF BERRY CT DETACHED 834,000 4 3 26
13725 CAMEO CT DETACHED 1,500,000 5 4.5 329

Sold/Closed (Dec 5 – 11th, 2016)

Address Type List Price Close Price Sqft DOM
4000 CARMAN DR CONDO 198,000 199,875 869 3
566 S STATE ST CONDO 215,000 214,600 778 2
3962 CARMAN DR CONDO 244,900 240,000 1129 26
1864 SW KRISTI WAY DETACHED 349,950 342,000 1360 42
6 SUMMIT RIDGE CT DETACHED 399,000 365,000 1750 120
9 ORIOLE LN DETACHED 399,830 381,000 1928 153
4910 REDWING WAY DETACHED 415,000 394,475 1364 1
18861 INDIAN SPRINGS CIR DETACHED 429,500 402,000 1567 31
14588 WILMOT WAY DETACHED 558,000 505,000 2238 97
1481 GREENTREE CIR DETACHED 628,800 625,000 2878 38
13105 ROGERS RD DETACHED 679,000 656,000 2655 121
800 FAIRWAY RD DETACHED 678,000 658,000 2045 37
652 1ST ST CONDO 659,000 659,000 1986 76
13554 SOUTHWOOD CT DETACHED 750,000 750,000 2969 8
2247 SEQUOIA CT DETACHED 925,000 852,500 3493 157
716 LAKE SHORE RD DETACHED 999,000 865,000 1860 64
19371 RIVERWOOD LN DETACHED 1,300,000 1,380,000 5034 4
5405 CHILDS RD DETACHED 1,899,000 1,799,000 5702 247

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.