Market Activity May 15-21, 2017

We are having just outstanding weather with mild sunny days, lots of blue sky, and gardens that are in full bloom. May and June in Oregon is hard to beat. This is also the time of year when our real estate market really heats up. My theory, along with wanting to move during the summer break, is that people want to identify the house they are moving to before their vacation plans complicate the timing. So it is a great time to be both buying and selling. This is reflected in last week’s market activity where Lake Oswego saw 29 properties come onto the market as new listings, 26 properties go into pending status and 19 properties that sold/closed.

Following is the breakdown for you according to RMLS:

New on the Market (May 15-21, 2017)

Address Type Price BR Baths Sq Ft
6930 Montauk Circle Condo $197,000 2 1 924
48 Eagle Crest Dr 1B Condo $339,000 3 2 1538
1666 Boca Ratan Dr Attached $355,000 3 2 1611
15 Britten Ct Attached $399,900 3 2.5 1972
1108 Cedar St Detached $489,900 3 1.5 1206
1710 Meadows Dr Detached $545,000 3 2 1677
12729 19th Ave Detached $549,900 4 2 2700
84 Greenridge Ct Attached $570,000 4 2.5 2868
5028 Greensborough Ct Detached $629,900 4 2.5 2358
13731 Provincial Hill Dr Detached $635,000 3 2.5 2262
1258 Hida A Way Ln Detached $775,000 7 3.5 4219
5088 Woodcrest Ln Detached $814,500 4 2.5 3183
2886 Upper Dr Detached $848,900 4 3 2498
171 5th St Detached $875,000 3 1 1910
2764 Rivendell Rd Detached $899,900 5 2.5 3451
2375 Fernwood Circle Detached $899,900 4 3.5 4183
481 Iron Mountain Blvd Detached $929,000 4 2.5+.5 3859
18125 Pilkington Rd Detached $1,065,000 4 3 3229
14750 Uplands Dr Detached $1,100,000 4 3 3387
1443 Country Commons Detached $1,189,000 3 2.5 3385
17436 Kelok Rd Detached $1,198,000 4 2.5 3054
19177 Hill Top Rd Detached $1,199,000 5 3.5 4692
892 8th St Detached $1,200,000 4 3.5 2800
4190 Chapman Way Detached $1,250,000 4 3.5 3553
740 7th St Detached $1,395,000 7 7 5431
18639 Pilkington Rd Detached $1,495,000 4 4 4148
1655 Leslie Ln Detached $1,750,000 4 3.5 4800
16938 Alder Circle Detached $1,950,000 4 3.5 3241
2430 Summit Ct Detached $2,300,000 3 3 2911

Pending Sales (May 15-21, 2017)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #20 Condo $115,000 1 1 617 9
332 Cervantes Circle Condo $184,900 2 1 832 40
6928 Montauk Circle Condo $235,000 2 1 924 0
7210 Childs Rd Condo $339,000 3 2 1542 989
16681 Lake Forest Blvd Detached $375,000 3 1 936 2
4268 Woodside Circle Attached $375,000 4 2 1944 28
1709 Aspen Ct Detached $395,000 3 2 1559 7
1033 Hallinan St Detached $395,000 3 1 936 28
870 Lake Forest Dr Detached $450,000 4 2 1808 1
18851 Indian Springs Circle Detached $480,000 3 2 1903 0
13206 Vermeer Dr Detached $489,000 4 2 2095 16
3711 Wren St Detached $529,000 3 2 1704 14
11 Morningview Circle Detached $585,585 3 2.5 2845 43
1641 Devon Ln Detached $589,000 3 2.5 2013 67
2442 Palisades Crest Dr Detached $599,900 4 2.5 2707 9
17071 Rebecca Ln Detached $599,900 3 3 2278 107
2272 Park Rd Detached $675,000 4 3 2325 19
2255 Greentree Rd Detached $675,000 3 2.5 2709 4
41 Churchill Downs Detached $679,000 4 3.5 2763 5
3355 Upper Dr Detached $725,000 4 2 3126 63
5228 Lower Dr Detached $795,000 4 2.5 2712 21
4112 Orchard Way Detached $969,000 5 4 4153 8
3151 Alber Spring Ct Detached $999,950 5 3.5 3802 29
3938 Edens Edge Dr Detached $1,019,000 4 3.5 3882 36
16001 Parelius Circle Detached $1,225,000 5 2.5 4309 13
401 9th St Detached $1,299,000 4 3.5 4288 240

Sold/Closed (May 15-21, 2017)

Address Type List Price Sold Price Sq Ft CDOM
47 Eagle Crest Dr #11 Condo $179,900 $179,000 932 7
750 1st St #E28 Condo $199,950 $197,000 902 4
200 Burnham Rd #400 Condo $210,000 $208,000 968 2
33 Eagle Crest Dr #36 Condo $189,900 $211,000 908 14
50 Oswego Summit Condo $199,900 $222,500 752 2
200 Oswego Summit Condo $230,000 $232,000 1383 3
1602 Bonniebrae Dr Attached $275,000 $272,500 864 7
32 Greenridge Ct Condo $309,899 $353,000 1996 107
17901 Tualata Ave Detached $347,000 $355,000 912 3
5463 Tree St Detached $485,000 $475,000 1460 107
1658 Greentree Rd Detached $479,000 $479,080 2394 40
3211 Royce Way Detached $499,900 $509,900 2395 32
1032 Laurel St Detached $535,000 $540,000 2426 3
1662 Worthington St Detached $599,999 $620,000 2116 7
16038 Reese Rd Detached $729,900 $700,000 3189 48
13276 Deerfield Ct Detached $775,000 $775,000 3066 0
15199 Lily Bay Ct Detached $878,000 $865,000 2696 19
16672 Fir Ln Detached $1,238,000 $1,190,000 4179 98
4394 Lords Ln Detached $1,350,000 $1,325,000 3748 54

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.