Market Activity Nov 5-11, 2018

It’s starting to feel like the Holidays. Last week in Lake Oswego we had 11 new listings, 15 pending sales, and 7 closed/sold properties. Notice that the pending sales are still a pretty healthy number. That is because at this time of year buyers want to make an offer now to be in their new home by Christmas. This, combined with low new inventory, actually makes this a pretty good time to have your house on the market.

Following is the breakdown for you according to RMLS:

New on the Market (Nov 5-11, 2018)

Address Type Price BR Baths Sq Ft
46 Cervantes Circle Condo $225,000 2 1.5 912
3964 Carman Dr Condo $339,900 2 2.5 1098
5062 Foothills Dr C7 Condo $339,900 2 2 1252
5057 Sunset Dr Attached $539,500 2 2.5 1720
4582 Trillium Woods Attached $600,000 3 2.5 1927
22 Morningview Circle Detached $635,000 3 2.5 3135
808 Ellis Ave Detached $725,000 3 2.5 2200
1820 Southshore Blvd Detached $725,000 3 3 2403
3562 Upper Dr Detached $749,500 3 3.5 2701
5736 Southwood Dr Detached $790,000 4 2.5 3000
6048 Lakeview Blvd Detached $849,000 4 2.5 2640

Pending Sales (Nov 5-11, 2018)

Address Type Price BR Baths Sq Ft CDOM
92 Galen St Condo $169,000 1 1 689 92
85 Oswego Summit Condo $219,000 2 2 1212 99
4417 Thunder Vista Ln Condo $295,000 2 2.5 2002 80
3942 Carman Dr Condo $349,900 3 2.5 1354 69
4725 Lakeview Blvd Detached $465,000 3 2 1589 6
1207 Hallinan Circle Detached $489,500 2 2 1478 6
110 Kingsgate Rd Detached $494,900 3 2.5 1669 79
4141 Chapman Way Detached $565,000 4 2.5 2138 4
5687 La Mesa Ct Detached $649,900 4 3 2518 5
767 10th St Detached $724,500 4 2 2820 99
17454 Canal Circle Detached $775,000 3 2.5 2472 149
13459 Provincial Hill Way Detached $819,900 3 2.5 2896 63
1041 Chandler Rd Detached $845,000 3 2 1782 62
2060 Indian Trail Detached $1,160,000 3 2.5 2387 30
220 Chandler Place Detached $1,250,000 3 2.5 2621 1

Sold/Closed (Nov 5-11, 2018)

Address Type List Price Sold Price Sq Ft CDOM
9 Juarez St Detached $479,900 $409,500 2570 98
1651 Woodland Terrace Detached $475,000 $425,000 2737 84
5432 Kenny St Detached $444,900 $430,000 1352 6
6123 Frost Ln Detached $650,000 $645,000 2338 24
5 Juarez St Detached $749,000 $697,000 4393 38
17407 Redfern Ave Detached $1,599,950 $1,325,000 5206 166
3150 Upper Dr Detached $2,250,000 $2,250,000 4278 1

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.