Market Activity Report Jan 16th – 22nd, 2017

Hello all! I hope your 2017 has been off to a wonderful start!
Lake Oswego’s real estate market has been pretty ritzy, in a manner of speaking. So many big fancy houses have sold this last week! What elegant homes, each and every one of them. This is the kind of start to a new year that I like seeing!
With that said we should be seeing real estate activity pick up, and jump into the spring market. I’m pretty excited to see what homes go up for sale this year.
Keep it classy LO!

Following is the breakdown for you according to RMLS:

New on the Market (Jan 16-22, 2017)

Address Type Price Bedrooms Bathrooms Sqft
44 EAGLE CREST DR #28 CONDO 219,950 3 2 1085
18225 SW 65th AVE DETACHED 225,500 3 1.5 1701
17 SUMMIT RIDGE CT ATTACHED 349,900 2 2.5 1558
23 MOUNTAIN CIR DETACHED 395,000 2 2 1360
16695 GLENWOOD CT DETACHED 715,000 4 3 3060
951 WESTPOINT RD DETACHED 3,865,000 6 4 4144
4140 CANAL RD DETACHED 3,999,000 8 7.5 11956

Pending Sales (Jan 16-22, 2017)

Address Type Price Bedroom Bathrooms DOM
86 KINGSGATE RD CONDO 162,900 2 2 2
3680 SPRING LN CONDO 269,900 2 2.5 8
4351 WOODSIDE CIR CONDO 385,500 3 2 36
5916 KENNY ST DETACHED 399,900 3 1 116
18914 LONGFELLOW AVE DETACHED 400,000 3 1.5 89
16758 MELLON AVE DETACHED 659,900 4 2.5 7
674 1ST ST CONDO 699,000 2 2.5 145

Sold/Closed (Jan 16-22, 2017)

Address Type List Price Close Price Sqft DOM
121 LEONARD ST CONDO 300,000 295,000 1136 4
1368 BOCA RATAN DR ATTACHED 325,000 325,000 1611 60
4386 THUNDER VISTA LN ATTACHED 359,000 359,000 1903 13
15 TOUCH STONE DETACHED 495,000 485,000 2276 23
1669 OAK ST DETACHED 589,000 540,000 2649 48
2886 UPPER DR DETACHED 849,000 540,750 2498 214
213 HIDALGO ST DETACHED 550,000 570,000 3964 0
12504 SHELBY CT DETACHED 625,000 635,000 2860 22
50 HILLSHIRE DR DETACHED 645,000 645,000 3188 12
17084 CHAPIN WAY DETACHED 1,225,000 1,200,000 4028 10
19331 LORNA LN DETACHED 1,335,000 1,280,000 5070 100
13648 GOODALL RD DETACHED 1,795,000 1,695,000 5288 56
1976 HIGHLANDS LOOP DETACHED 1,795,000 1,750,000 4597 460
315 BERWICK RD DETACHED 2,295,000 2,200,000 4860 155
15508 DIAMOND HEAD RD DETACHED 2,850,000 2,450,000 3900 185

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.