Market Activity Nov 18-24, 2019

Yes, there is a very small chance of snow flurries this week. Nothing like what is happening in the midwest, but still a clear sign that winter is around the corner. Meanwhile, real estate chugs right along. The numbers remain interesting. Last week in Lake Oswego there were 3 new listings, 17 properties that went pending, and 25 closed sales. Folks who want to buy at this time of year are highly aware of the holidays. It’s a natural time to make a move as most employers give time off during the holidays, which makes organizing the move easier. So lots of houses continue to sell with the target of moving by the holiday.

Following is the breakdown for you according to RMLS:

New on the Market (Nov 18-24, 2019)

Address Type Price BR Baths Sq Ft
1293 Hide A Way Ln Detached $585,000 3 2.5 1720
2425 Prestwick Rd Detached $719,000 3 2 1464
6351 Burma Rd Detached $899,500 4 4 3500

Pending Sales (Nov 18-24, 2019)

Address Type Price BR Baths Sq Ft CDOM
8 Crestfield Ct Condo $162,900 1 1 689 132
218 Cervantes #219 Condo $229,000 2 2 1100 135
3433 McNary Pkwy #107 Condo $235,000 2 2 1008 6
4057 Jefferson Pdwy Attached $295,000 3 2.5 1247 24
5060 Foothills Dr B Condo $350,000 2 2 1252 30
668 McVey Ave #36 Condo $410,000 2 1 852 31
6315 Dawn St Detached $469,500 3 2 1934 127
15371 Twin Fir Rd Detached $485,000 4 2 2876 3
1611 Lee St Detached $589,900 3 2.5 2539 2
41 Tanglewood Dr Detached $632,500 4 3 3001 141
18263 Anduin Terr Detached $690,000 4 3 3103 133
615 Lake Bay Ct Detached $900,000 3 3 2555 129
17808 Hillside Way Detached $995,900 4 3.5 3166 118
13581 Rogers Rd Detached $999,500 4 2.5 2971 287
15136 Glen Eagles Ct Detached $1,100,000 4 2.5 3150 3
4277 Upper Dr Detached $1,625,000 5 3.5 3851 141
6720 Childs Rd Detached $1,850,000 4 4.5 6898 153

Sold/Closed (Nov 18-24, 2019)

Address Type List Price Sold Price Sq Ft CDOM
319 Cervantes Condo $239,900 $225,000 1209 60
56 Galen St Condo $239,950 $235,500 989 14
3968 Carman Dr Condo $309,900 $290,000 1107 35
48 Oriole Ln Townhouse $509,000 $455,000 2072 147
17273 Bryant Rd Detached $492,000 $465,000 1452 88
17518 Redfern Ave Detached $499,000 $535,500 1831 7
17144 Rebecca Ln Detached $539,900 $545,900 2018 3
13455 Auburn Ct Attached $549,900 $549,900 1937 14
14201 Dolph Ct Detached $699,000 $577,000 1916 91
17521 Tree top Ln Detached $589,000 $589,000 2488 3
975 Southshore Blvd Detached $639,900 $629,900 2191 44
18381 Heather Ann Ct Detached $709,900 $650,000 2983 315
71 Nansen Summit Detached $749,000 $680,000 3523 63
16805 Gassner Ln Detached $699,000 $755,000 1773 4
14100 Edenberry Dr Detached $775,000 $775,000 2881 2
654 1st St Condo $824,900 $790,000 2140 167
630 9th St Detached $900,000 $859,000 2683 14
15870 Twin Fir Rd Detached $900,000 $875,000 2856 71
13978 Westcott Ct Detached $945,000 $885,000 3267 56
5685 Charles Circle Detached $929,900 $895,000 2542 35
18049 Skyland Circle Detached $1,080,000 $1,050,000 3717 188
17912 Kelok Rd Detached $1,225,000 $1,225,000 3218 6
4011 Westbay Rd Detached $1,895,000 $1,635,000 4518 196
1120 Crestline Ct Detached $2,800,000 $2,500,000 6440 233
1142 Crestline Ct Detached $3,850,000 $3,300,000 6440 233

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.