Market Activity March 9-15, 2020

I was really excited to do this market activity report. What’s on my mind is also what is on yours, the coronavirus. How is it affecting the real estate market? Well, as of last week, not much. New listings in Lake Oswego numbered 18, pending sales were 16 and closed/sold properties were 10. That’s right in line with what we have been experiencing. This is not to say that the coronavirus will not have an impact, but I like numbers. Numbers are factual. I think the importance of the market activity reports that Linda and I do has increased substantially.

Following is the breakdown for you according to RMLS:

New on the Market (March 9-15, 2020)

Address Type Price BR Baths Sq Ft
3918 Carman Dr Condo $299,900 2 2.5 1107
3101 McNary Parkway #19 Attached $410,000 3 2.5 1894
1001 Hallinan St Detached $549,000 4 2 2580
47 Da Vinci St Detached $599,000 3 2.5 2467
1640 Woodland Terrace Detached $619,900 4 3 2398
4932 Mulholland Dr Attached $712,000 3 2.5 2498
3333 Royce Way Detached $849,900 3 2.5 2896
17668 Woodhurst Pl Detached $899,000 4 2.5 4281
17390 Grand View Ct Detached $999,500 4 4.5+.5 4502
950 Cedar St Detached $1,079,900 4 3.5 3266
1267 Maple St Detached $1,098,000 4 2.5 3388
16 Bernini Ct Detached $1,250,000 6 5 4786
2575 Palisades Crest Dr Detached $1,250,000 4 4.5 5251
16946 Bryant Rd Detached $1,349,000 3 2 1348
18026 Skyland Circle Detached $1,399,000 5 3.5 4117
285 Berwick Rd Detached $1,400,000 3 3.5 2518
15800 Oswego Shore Ct Detached $1,599,000 4 3.5 3995
1101 Crestline Ct Detached $4,568,000 4 4.5+.5+.5 7226

Pending Sales (March 9-15, 2020)

Address Type Price BR Baths Sq Ft CDOM
3868 Botticelli St Condo $249,900 3 2 1224 13
86 Kingsgate Rd Condo $259,900 2 2 938 25
3956 Carman Dr Condo $299,990 2 2.5 1107 17
6207 Harrington Ave Detached $389,000 3 1 960 11
102 Greenridge Ct Attached $424,000 3 2.5 2004 197
19415 Sycamore Ave Detached $450,000 3 2 1584 12
21 Partridge Ln Detached $599,000 5 3 2492 8
3745 Division Ct Detached $599,900 3 2 1390 3
13395 Vermeer Dr Detached $599,980 4 2.5 2461 3
2405 Dellwood Dr Detached $699,000 5 3 2336 6
3781 Tempest Dr Detached $899,900 4 2.5 3927 21
13483 Fielding Rd Detached $899,999 4 3 3149 62
13845 Amberwood Circle Detached $1,089,000 4 3 3283 3
17614 Blue Heron Rd Detached $1,239,000 4 3 3320 2
4484 West Bay Rd Detached $1,250,000 5 2.5 4417 2
401 9th St Detached $1,299,000 4 3.5 4288 21

Sold/Closed (March 9-15, 2020)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Parkway #52 Condo $168,950 $125,000 617 110
28 Greenridge Ct Attached $379,000 $340,000 1,642 128
12846 Boones Ferry Rd Condo $389,000 $389,900 1234 107
5057 W Sunset Dr Attached $499,000 $469,500 1720 45
2931 Vale Ct Detached $557,800 $542,000 2311 4
304 6th St Detached $550,000 $545,000 941 89
4933 Mulholland Dr Attached $618,000 $587,000 2403 126
507 Ash St Detached $799,000 $675,000 4666 144
19262 Pilkington Rd Condo $699,900 $699,900 2194 124
1623 Maple St Detached $1,350,000 $1,215,000 4797 183

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.