Market Activity Nov 6-12, 2017

While the market is slow as compared to June, it is still both strong and consistent. Last week Lake Oswego had 12 properties come onto the market, 22 received accepted offers and go into pending status, and 13 closed sales.

I have the belief that the greatest strength in real estate at this time of year is that people are motivated. They are buying or selling because they truly want to. There is much to be thankful for, including our healthy real estate market.

Following is the breakdown for you according to RMLS:

New on the Market (Nov 6-12, 2017)

Address Type Price BR Baths Sq Ft
100 Kerr Pkwy #59 Condo $194,900 2 1.5 823
4 Touchstone #148 Condo $224,900 3 2.5 1351
204 Cervantes Condo $225,000 3 1.5 1138
16250 Pacific Hwy #47 Condo $225,000 2 1 1305
5061 Foothills Dr A Condo $309,500 2 2 991
21 Masaryk St Detached $615,000 4 2.5 2773
1661 Woodland Terrace Detached $625,000 3 2.5 3178
4910 Lower Dr Detached $675,000 3 2.5 2151
5303 Amberwood Ct Detached $999,999 3 2.5 3634
16987 Alder Circle Detached $1,095,000 2 2.5 1991
3485 Upper Dr Detached $1,169,000 4 2.5 $3,332
4726 Upper Dr Detached $1,499,000 4 3.5 3962

Pending Sales (Nov 6-12, 2017)

Address Type Price BR Baths Sq Ft CDOM
45 Eagle Crest Dr #415 Condo $199,500 2 1.5 1056 119
5225 Jean Rd #313 Condo $265,000 2 2 1200 63
88 Greenridge Ct #88 Attached $270,000 2 2 1314 24
4085 Jefferson Pkwy Condo $299,900 2 2.5 1302 60
17635 Deemar Way Detached $379,999 3 2 1488 172
17 Touchstone Detached $499,999 5 3 2569 70
13606 Blazer Trail Detached $525,000 4 2.5 2418 19
17323 Ashley Ct Attached $525,000 3 2.5 2117 0
5524 Langford Ln Detached $550,000 2 2 2038 44
18866 Indian Springs Circle Detached $619,900 3 3 2004 20
16 Bernini Ct Detached $620,900 4 3.5+.5 4642 22
18632 Deerbrush Ave Detached $624,900 3 2.5 1962 6
5418 Washington Ct Detached $679,900 3 2.5 2074 28
29 Del Prado St Detached $735,000 4 2 3037 7
2481 Marylshire Ln Detached $768,000 4 3.5 4091 241
4006 Canal Woods Ct Detached $775,000 5 3.5 3514 143
555 Atwater Rd Detached $799,000 5 3 4016 127
12750 Fielding Rd Detached $995,000 3 2 3018 41
18909 65th Ave Detached $1,050,000 4 2 4858 16
768 7th St Detached $1,300,000 4 3.5 2802 121
1940 Highlands Loop Detached $1,698,000 5 4.5+.5 4080 250
1000 Atwater Rd Detached $2,695,000 5 4.5+.5 6531 41

Sold/Closed (Nov 6-12, 2017)

Address Type List Price Sold Price Sq Ft CDOM
88 Cervantes Circle Condo $200,000 $197,000 912 5
16219 Bonaire Ave Detached $449,900 $421,000 1,594 101
13 Belmore Ave Detached $509,900 $457,500 1,844 69
1437 Greentree Circle Detached $624,900 $585,000 2400 96
655 8th St Detached $649,900 $610,000 1611 27
4361 Southshore Blvd Detached $695,000 $630,000 2406 54
5455 Langford Ln Detached $845,000 $820,000 3398 132
12808 Elk Rock Rd Detached $999,000 $887,500 3970 204
13526 Snowberry Ct Detached $905,000 $905,000 3,718 0
15476 Diamond Head Rd Detached $1,395,000 $950,000 3743 26
18639 Pilkington Rd Detached $1,400,000 $1,350,000 4148 118
16938 Alder Circle Detached $1,950,000 $1,750,000 3241 122
14050 Goodall Rd Detached $2,000,000 $2,000,000 6,714 0

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.