Author: Dianne Gregoire

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Analysis of the Higher Price Ranges

I think that there is a general perception that the market has picked up a bit of steam. I have personally seen this in multiple offer situations and short market times. But I have to say that I’ve seen it in the more affordable price ranges.

I did have a sale recently for a $625,000 house that sold in 1 day with multiple offers. But I found myself wondering, was that a fluke? Is that really happening in the higher price ranges? So I took some time today to compare the more expensive homes (purely arbitrarily I chose $500,000 and higher) today versus what was happening a year ago in the same 6-month time period. Here are the results:

Price Range Sold 2/11-8/11 Active Today Pending Today Sold 2/12-8/12 Current Months of Inventory
$500,000-$600,000 29 36 17 53 4
$600,000-$700,000 25 32 3 27 7
$700,000-$800,000 23 35 7 17 12
$800,000-$900,000 17 18 4 18 6
$900,000-$1,000,000 9 18 2 11 9
$1,000,000-$1,500,000 19 38 6 15 15
$1,500,000-$3,000,000 3 22 4 5 26
$3,000,000-$20,000,000 0 11 2 1 55

Pretty interesting. The $500,000 to $600,000 is selling strongly. So is the $800,000 to $900,000. 4 to 6 months of inventory is a pretty healthy market. Pricing over a million is where it really hits the skids. And that way tip-top price point of $3,000,000 and more is barely moving. This is when we look at the closed sales. But then when you factor in the pending sales, and there are several, it looks a bit better. When the pending sales in the top price bracket close, and this should happen in 45-60 days, the inventory drops from 55 months to 22 months. In the $1,500,000 to $3,000,000 it drops the inventory from 26 months to 14.

Bottom line, it’s still too soon to tell. And it can still be said that the higher priced homes just take longer to sell as there are fewer people financially qualified to buy them.

So what are these high priced houses like?

The most expensive, recently-closed sale was a house on the Willamette River. It sold for $3,600,000 and went pending in just 33 days (seriously!).

The most expensive pending sale is on the North shore of Oswego Lake. Priced at $4,695,000, it took 428 days to receive an accepted offer.

The most expensive house currently for sale is NOT Jantzen Island. That house has been withdrawn from the market. It was price reduced from $19,500,000 to $15,000,000. The new king of the most-expensive- house-fo-sale-in-Lake-Oswego-pageant is a house on Northshore that is listed for $11,600,000. It was built in 2009 and has 13,462 square feet, 5 bedrooms, 6 full baths and 2 half baths.

I hope you find this information of interest. It’s always a kick to try and figure out the market and its trends. Let me know if you have any questions.
Dianne

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Market Activity Aug 13-19, 2012

Last week Lake Oswego had 16 homes come onto the market, 14 houses go sale pending, and 17 closed sales. Trends? Of the 16 new listings, 5 were homes that were on the market a year or more ago, expired, and have now re-listed. My thought is that the home owners have seen the market pick up and are now thinking they may have better luck. They may be right. Of the pending sales, 1/3 sold is less than 30 days. Of the closed sales, 1/2 sold is less than 30 days.

See below for further details on last week’s Market Activity:

NEWLY LISTED (August 13-19, 2012)

Address Type Price BR Bths SF
4 Touchstone #120 Condo $104,900 3 2.5 1351
668 McVey Ave #16 Condo $205,000 2 1 852
18350 Tualata Ave Detached $234,900 2 1 996
5276 Oakridge Rd Detached $274,900 3 2 1600
4 Del Prado St Detached $299,900 3 2.5 1716
4104 Lakeview Blvd Detached $300,000 4 2 2024
1113 Erickson St Detached $324,900 4 2 2203
15364 Twin Fir Rd Detached $324,900 3 1 1608
14190 Taylors Crest Ln Detached $389,900 4 2.5 2577
1041 Oxford Dr Detached $444,000 4 3.5 2712
17336 Hunter Ct Detached $454,900 3 2.5 3004
2376 Fernwood Cir Detached $489,000 5 2 2600
5682 Charles Cir Detached $549,000 4 2.5 3052
1023 Country Commons Detached $619,000 4 3 3359
13624 Provincial Hill Way Detached $729,900 4 2.5 3704
17550 Lake Haven Dr Detached $949,900 4 2.5 2580

PENDING SALES (August 13-19,2012 2012)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #24 Condo $51,500 1 1 617 38
100 Kerr Pkwy #14 Condo $64,900 1 1 617 184
4000 Carman Dr #10 Condo $119,900 2 2 836 8
4968 Oakridge Rd Detached $195,000 3 1.5 1240 15
5851 Burma Rd Detached $239,888 4 2 1760 38
1674 Larch St Detached $250,000 3 2.5 1794 147
6320 Dawn Ave Detached $349,500 5 3 2400 49
12 Morningview Ln Attached $420,000 3 2.5 2683 44
3220 Edgemont Rd Detached $519,900 4 3 2159 3
2574 Glen Eagles Pl Detached $549,000 4 3 2639 69
775 F Ave Detached $595,000 4 2.5 2700 3
18283 Lothlorien Way Detached $609,900 4 3 3015 22
16736 Sylvan Ct Detached $779,000 4 3 3914 329
3105 Wembley Park Rd Detached $875,000 3 2.5 3209 285

SOLD (August 13-19,2012)

Address Type List Price Closed Price BR Baths CDOM
3976 Carman Dr Attached $169,900 $148,000 2 2.5 22
1401 Greentree Cir Detached $299,900 $260,000 3 2 221
18585 Kristi Way Detached $285,000 $290,000 3 2 1
728 Ash St Detached $280,000 $307,000 3 2.5 4
1057 C Ave Detached $299,900 $329,000 2 1 5
19 Partridge Ln Detached $349,900 $348,600 4 3 6
4946 Mulholland Dr Attached $389,900 $359,900 3 2.5 337
4824 Hastings Dr Detached $360,000 $385,000 4 2.5 7
17265 Cedar Rd Detached $417,000 $411,000 4 2.5 59
1611 Lee St Detached $429,900 $417,810 3 2.5 46
13849 Melrose Pl Detached $459,900 $453,000 3 2.5 123
3220 Duncan Dr Detached $499,900 $472,500 4 2.5 31
5666 Grand Oaks Dr Detached $525,000 $498,000 4 2.5 15
5604 Grand Oaks Dr Detached $599,999 $573,000 5 3 172
14175 Taylors Crest Ln Detached $595,000 $574,500 3 3 246
475 10th St Detached $739,000 $720,000 5 3 23
5933 Suncreek Dr Detached $849,000 $800,000 4 3.5+.5 18

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

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Open Houses August 19, 2012

It’s going to be a beautiful summer day tomorrow. A perfect time to go and see some wonderful homes. Be sure to stop in and visit with Linda during her open at 979 Devon Dr. Enjoy!

Address Type Price Baths BR Open
772 Lake Forest Dr Detached $355,000 1 2 1 to 3:30
3290 Wembly Park Rd Detached $379,000 3 5 1 to3
979 Devon Ln Detached $397,000 3.5 4 1 to 4
19163 Terry Ave Detached $409,000 2 4 1 to 3:30
116439 Lexington Ct Detached $449,000 2 2 1 to 4
430 9th St Detached $450,000 1.5 3 2 to 4
17147 Warren Ct Detached $459,000 2.5 4 1 to 3
13930 Majestic Ct Detached $465,000 2.5 3 12 ro 2
16734 Mellon St Detached $548,500 2.5 4 1:30 to 3
143 Kingsgate Rd Detached $549,000 2 3 12 to 3
16198 Nola Ct Detached $565,000 2.5 4 2 to 4
16746 Mellon St Detached $567;,900 2.5 4 1:30 to 3:30
4994 Hartford Pl Detached $569,000 2.5 5 12:30 to 3
15655 Fieldstone Dr Detached $589,500 2.5 3 1 to 3
5533 Fieldstone Ct Detached $599,900 2.5 4 1 to 3
330 Northshore Rd Detached $749,000 3 4 1 to 4
1033 Northshore Rd Detached $799,900 2 3 1 to 3
17775 Kelok Rd Detached $949,500 2.5 4 1 to4
1255 Andrews Rd Detached $995,000 4 6 1 to 3
760 7th St Detached $998,000 4.5 5 1 to 4
18202 Bella Terra Dr Detached $1,075,000 3.5 4 1 to 3
2180 Prestwick Rd Detached $1,200,000 1.5 3 1 to 3
3301 Upper Dr Detached $1,343,000 3.5 4 2 to 4
112 Northshore Circle Detached $1,599,000 3.5 4 11 to 4
612 Ridgeway Rd Detached $2,425,000 3.5 4 1 to 5
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What’s in a Name?

If you’ve been reading the blotter for awhile, you know that we got the name of our blog by borrowing the Police Blotter from the Lake Oswego Review. The local newspaper does a weekly publication that along with showcasing local schools, businesses, and people, it posts the previous week’s police activity.

The Lake Oswego Police Department has a 100% response policy. That means that when you call, they show up, no matter what. So reading the police blotter can be rather entertaining. Below is from the previous two weeks.

7/23/12 1:15am. Apples are being chucked at a house on Aspen Street.

7/24/12 9:59am. A woman reported finding all kinds of things on her property on North Shore Road, including bicycles, helmets, and a surf board.

7/24/12 1:03pm. Four citations were slapped on a vehicle illegally parked at Lake View Village.

7/24/12 10:51pm. Several teens are jumping in and out of hedges and running around yards in a late-night frolic on Royce Way. Later they were honking horns and chasing each other in cars.

7/25/12 9:04am. Somebody placed a small beagle n a yard on Sierra Ct, then blocked a hole under the fence with wood so the pooch could not get out.

7/26/12 10:42pm. Hearty voices raised in song were heard coming from a pub on B Avenue.

7/26/12 11:43pm. A driver passed out in the middle State Street. He was not drunk but exhausted from his airline flight.

7/28/12 1:16pm. Condolea Drive was the site of a strange incident in which a pot was moved, two large plants were damaged and underwear was thrown into trees.

7/30/12 10:51am. A cat in a pot was discovered in a complex on Foothills Drive.

7/31/12 9:54am. A woman has decided to keep a pair of old handcuffs that she originally wanted to turn in to police.

8/1/12 9:34am. After buying a house, a person looked inside the garage and found 22 lights, causing suspicions that marijuana may be being cultivated inside the house.

8/1/12 8:48am. A female is dancing on the sidewalk, crossing the street and waving at people on B Avenue. It is suspected she may be high on more than life.

8/2/12 2:39pm. A missing St. Bernard named Myia was returned to its owner.

8/2/12 9:16pm. Five teenaged boys, four of them 16, had to clean up the mess from the garbage can they knocked over at Uplands Elementary School.

8/3/12 6:20pm. A cat triggered a burglar alarm on Brianne Court.

8/5/12 10:08am. A toilet in a woman’s bathroom on Melrose Street won’t stop flushing.

There you have it, two weeks on the mean streets of Lake Oswego. And, yes, I know the Police Blotter is now called the Police Log. Not sure why the Lake Oswego Review made the change, but it will always be the Blotter to me. And the propertyblotter will be the propertyblotter as well.

Stay cool in this heat. In LO it only lasts a few days.
Dianne

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Market Activity July 30th to August 5th, 2012

All of last week’s activity was evenly balanced with 19 new listings, 18 pending sales, and 19 closed sales.

See below for further details on last week’s Market Activity:

NEWLY LISTED (July 30-August 5th, 2012)

Address Type Price BR Bths SF
4 Touchstone Condo $79,000 2 2 984
5225 Jean Rd #314 Attached $159,900 3 2 1500
750 1st ST A9 Condo $169,000 2 2 1350
4968 Oakridge Rd Detached $195,000 3 1.5 1240
1041 Hemlock St Detached $319,000 4 3 2623
18892 Indian Springs Cir Detached $329,000 3 2 1611
1642 Highland Dr Detached $459,000 4 3 2234
663 Carrera Ln Detached $459,000 3 2 2197
2 Buckingham Ter Detached $519,000 4 3 3732
5616 Grand Oaks Dr Detached $539,000 4 3 3096
5222 Carman Dr Detached $549,900 4 2 2534
4994 Hartford Pl Detached $569,000 5 2.5 3325
15840 Fir Grove Ct Detached $569,900 4 2.5 2623
5088 Woodcrest Ln Detached $629,900 4 2.5 3056
1209 Lake Garden Ct Detached $850,000 5 2.5 3428
17775 Kelok Rd Detached $949,500 4 2.5 2882
17840 Sarah Hill Ln Detached $995,000 5 3 4044
18025 Skyland Cir Detached $1,250,000 4 4.5+.5 5379
3301 Upper Dr Detached $1,343,000 4 3.5 4555

PENDING SALES (July 30-August 5, 2012)

Address Type Price BR Baths SF DOM
552 State St Condo $137,000 2 2 920 67
285 Cervantes Condo $139,500 3 1.5 1144 125
5195 Firwood Rd Detached $206,000 5 2 1886 88
80 Greenridge Ct Condo $249,000 3 3 1824 58
545 Hemlock St Detached $269,900 3 1.5 984 2
4978 Galen St Attached $289,999 2 2.5 1552 33
13828 Regency Ct Detached $319,900 4 2.5 2165 227
2300 Glen Haven Rd Detached $329,900 2 2 1424 8
14359 Orchard Springs Rd Detached $349,900 4 2.5 1939 139
4946 Mulholland Dr Attached $359,900 3 2.5 2584 337
4582 Trillium Woods Lt27 Attached $369,900 3 2.5 1835 100
72 Condolea Way Condo $395,000 3 2.5 2958 189
2794 Vale Ct Detached $399,000 3 2.5 2970 87
15633 Fieldstone Dr Detached $594,500 4 2.5 3047 305
3030 Childs Rd Detached $747,500 5 4.5 7076 20
15575 Village Dr Detached $895,000 4 2.5 3692 18
1677 Leslie Ln Detached $1,899,999 4 6.5 7534 141
17700 Upper Cherry Ln Detached $1,975,000 5 5.5 6907 724

SOLD (July 30-August 5, 2012)

Address Type List Price Closed Price BR Baths CDOM
4 Touchstone #79 Condo $127,000 $85,000 2 2 470
566 State St #566 Condo $129,900 $124,000 1 1 28
1641 Devon Ln Detached $239,900 $210,000 3 2.5 306
16123 Lake Forest Blvd Detached $375,000 $324,000 4 2.5 236
720 8th St Detached $330,000 $330,000 3 2 0
18 Othello St Detached $399,000 $397,000 4 2.5 10
71 Tanglewood Dr Detached $449,000 $400,000 3 3 739
4584 Trillium Woods Lt28 Attached $415,127 $415,127 3 2.5 0
8 Partridge Ln Detached $459,900 $455,000 4 2.5 48
3037 Tolkien Ln Detached $530,000 $530,000 4 3 0
17658 Brookhurst Dr Detached $539,000 $540,000 4 3 11
17389 Oak Meadow Ln Detached $554,000 $544,000 4 2.5 0
19245 Megly Ct Detached $599,000 $564,500 5 3 87
14390 Pfeifer Dr Detached $589,000 $589,000 5 3 3
147 5th St Detached $699,000 $689,000 4 2 9
662 9th St Detached $879,000 $830,000 5 3.5 74
815 E Ave Detached $998,000 $860,000 3 2.5 34
17344 Cedar Rd Detached $995,000 $880,000 4 2.5 368

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

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Open Houses for 8/5/12

There are 38 houses scheduled to be held open this Sunday.  That’s a lot of houses!

750 1st St #A9, attached, $169,000, 2 BR, 2 Bths, open 2 to 4

80 Greenridge Ct, attached, $249,000, 3 BR, 3 Bths, open 1 to 3

545 Hemlock St, detached, $269,900, 3 BR, 1.5 Bths, open 12 to 3

2367 Glenmorrie Dr, detached, $275,000, 2 Br, 2 Bths, open 1 to 4

4231 Woodside Circle, attached, $298,500, 3 BR, 2 Bths, open 1 to 3

15 Saint Helens Circle, detached, $314,900, 3 Br, 2 Bths, open 1 to 3:30

1041 Hemlock St, detached, $319,000, 4 BR, 3 Bths, open 1 to 3

18892 Indian Springs Circle, detached, $329,000, 3 BR, 2 Bths, open 1:30 to 4

3715 Davis Ln, attached, $351,900, 2 Br, 2.5 Bths, open 1 to 3

1830 Cloverleaf Rd, detached, $359,000, 5 BR, 2 Bths, open 12 to 2

17200 Robb Pl, detached, $385,000, 3 Br, 2.5 Bths, open 1 to 3

3290 Wembly Park Rd, detached, $389,000, 5 BR, 3 Bths, open 1 to 4

2593 Greentree Rd, detached, $399,000, 4 BR, 3 Bths, open 1:30 to 4

29 Partridge Ln, detached, $419,900, 3 BR, 2.5 Bths, open 12 to 3

13899 Majestic Ct, detached, $420,000, 3 BR, 2 Bths, open 12 to 3

1454 Glenmorrie Dr, detached, $425,000, 4 BR, 2.5 Bths, open 1 to 3

4080 Coltsfoot Ln, detached, $444,950, 3 BR, 2.5 Bths, open 1 to 3

16439 Lexington Ct, detached, $449,000, 2 BR, 2 Bths, open 1 to 4

15225 Candlewood Ct, detached, $474,500, 4 BR, 2.5 Bths, open 1 to 3

16014 SW Parker Rd, detached, $479,000, 5 BR, 3 Bths, open 1 to 3

17357 Oak Meadow Ln, detached, $535,000, 4 BR, 2.5 Bths, open 1 to 3

2823 Glen Haven Rd, detached, $538,000, 4 BR, 2 Bths, open 2 to 4

16734 Mellon St, detached, $548,500, 4 BR, 2.5 Bths, open 2 to 4

6479 McDuff, detached, $559,900, 3 BR, 2.5 Bths, open 1 to 3

16746 Mellon St, detached, $567,900, 4 BR, 2.5 Bths, open 2 to 4

4994 Hartford Pl, detached, $569,000, 5 BR, 2.5 Bths, open 11 to 1

17561 Shepherds Ct, detached, $575,000, 4 BR, 2.5 Bths, open 1 to 4

15655 Fieldstone Dr, detached, $589,500, 3 BR, 2.5 Bths, open 1 to 3

5533 Fieldstone Ct, detached, $599,500, 4 BR, 2.5 Bths, open 1 to 3

135 Middlecrest Rd, detached, $749,900, 3 BR, 2.5 Bths, open 1 to 4

582 9th St, detached, $799,900, 3 BR, 2.5 Bths, open 1 to 4

568 9th St, detached, $799,900, 3 BR, 3.5 Bths, open 1 to 4

828 8th St, detached, $825,000, 3 BR, 3.5 Bths, open 1 to 4

16805 Scott Ct, detached, $979,000, 3 BR, 3.5 Bths, open 12 to 2

17384 Bergis Farm Dr, detached, $995,000, 5 BR, 4.5 Bths, open 1 to 4

18202 Bella Terra Dr, detached, $1,075,000, 4 BR, 3.5 Bths, open 1 to 3

112 Northshore Circle, detached, $1,599,000, 4 BR, 3.5 Bths, open 11 to 4

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Seeing the Light

Lighting your house correctly is probably one of the most fundamental things you need to  do when selling your home.  People associate light with happiness and cleanliness.   From the National Association of Realtors, here are some basic lighting tips:

Use clear lightbulbs.  The clear bulbs, rather than the opaque, have a cleaner look.

Make sure the lightbulbs are not old.  The last thing you want are bulbs burning out during a showing.  You do not want that beautifully staged room to be left in the dark.

Reconsider energy-efficient bulbs.  Yes, I know, it’s not ecologically such a great idea, but the compact fluorescent bulbs can give off a harsh light.  Many also start out faint and get brighter as they warm up.  A buyer is not likely to stay in a room long enough for the full benefit of the light to come on.

Consider halogen lights.  Particularly in over-head flood lights.  They are more energy efficient than incandescent flood lightbulbs and do a great job of brightening a space.  Of course, please consult the light fixture for correct wattage and the type of rating for the fixture.

Clean the light fixtures.  Dust the entire fixture, including the lamp shade.  Make sure there are no dead flies in the fixture and remove cob webs from chandeliers.  Consider removing the glass from the fixture and running it through the dishwasher (without wiring or electronic components, of course).

Brighten exterior windows. Take advantage of natural light by opening the curtains and window blinds.  If it is a beautiful view to a mountain, the city, or your garden, consider removing the screens and storing them elsewhere.

Replace dated light fixtures.  You get a lot of bang for the buck with light fixtures.  Even a really grand fixture can be replaced for under $200 at most home improvement stores.  Particularly if you have still got lots of brass fixtures, you are well advised to update your lighting.  Particularly in the main rooms of the house:  the entry, living room, family room, dining room, and the kitchen.  Do it.

Add light.  Don’t simply rely on overhead lighting.  Consider adding lamps to side tables, shelves, even counters.  In a dark kitchen, consider buying some battery operated lights that can be stuck to the underside of upper cabinets.

Add a mirror.  Mirrors reflect light, but also make rooms feel larger.

With the exception of removing energy efficient bulbs, these ideas would benefit you even if your house is not for sale.  I don’t know many people who don’t enjoy being surrounded by nice lighting.

Questions?  Don’t hesitate to ask.  Linda and I are happy to help you with any of your real estate concerns.

Dianne

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Market Activity July 16-22, 2012

Last week Lake Oswego had 14 houses come onto the market as new listings, 19 houses become pending sales, and 12 houses that became closed sales.  See below for further details.

New Listings

16250 Pacific Hwy #67, condo, $80,000, 1 BR, 1 Bth, 841 SF

668 McVey Ave #43, condo, $119,000, 1 BR, 1 Bth, 626 SF

3433 McNary Pkwy #506, condo, 2 BR, 2 Bths, 1136 SF

5910 Shakespeare St, detached, $370,000, 4 BR, 2.5 Bths, 1663 SF

35 Churchill Downs, detached, $395,000, 4 BR, 3 Bths, 2271 SF

4965 Mulholland Dr, attached, $429,900, 2 BR, 2.5 Bths, 2403 SF

 4241 Chapman Way, detached, $445,000, 4 BR, 2.5 Bths, 2440 SF

17147 Warren Ct, detached, $469,000, 4 BR, 2. 5 Bths, 2366 SF

45 DaVinci St, detached, $469,900, 3 BR, 3.5 Bths, 3122 SF

1426 Greentree Circle, detached, $479,900, 4 BR, 3 Bths, 3216 SF

18283 Lothlorien Way, detached, $609,900, 4 BR, 3 Bths, 3015 SF

16671 Fir Ln, detached, $845,000, 3 BR, 3.5 Bths, 3129 SF

18383 Old River Dr, detached, $895,000, 4 BR, 4.5 Bths, 4548 SF

1345 Cherry Ln, detached, $1,599,000, 5 BR, 3.5 Bths, 5259 SF

Pending Sales

100 Kerr Pkwy #24, condo, $51,500, 1 BR, 1 Bth, 617 SF, 10 DOM

6351 Burma Rd, detached, $87,500, 2 BR, 1 Bth, 1016 SF, 42 DOM

203 Cervantes, condo, $104,400, 2 BR, 2 Bths, 1100 SF, 87  DOM

121 Leonard St E, condo, $106,000, 1 BR, 1 Bth, 830 SF, 4 DOM

23 Greenridge Ct, condo $164,000, 2 BR, 1.5 Bths, 1535 SF, 12 DOM

4394 Thunder Vista Ln, condo, $170,000, 2 BR, 2.5 Bths, 1980 SF, 2 DOM

1641 Devon Ln, detached, $210,000, 3 BR, 2.5 Bths, 2013 SF, 306 DOM

8 Wheatherstone, attached, $229,950, 3 BR, 2.5 Bths, 1692 SF, 331 DOM

4270 Oakridge Rd, detached, $275,000, 2 BR, 1 Bth, 978 SF, 13 DOM

19061 Redwing Ct, detached, $279,900, 3 BR, 2 Bths, 1611 SF, 12 DOM

1286 Rockinghorse Ln, detached, $309,000, 3 BR, 2.5 Bths, 1883 SF, 613 DOM

1903 Egan Way, detached, $425,000, 2 BR, 2.5 Bths, 2280 SF, 2 DOM

5666 Grand Oaks Dr, detached, $499,000, 4 BR, 2.5 Bths, 2916 SF, 15 DOM

3838 Rivers Edge Dr, detached, $525,000, 3 BR, 2.5 Bths, 2806 SF, 42 DOM

7 Mountain View Ln, detached, $535,000, 5 BR, 2.5 Bths, 3324 SF, 151 DOM

5604 Grand Oaks Dr, detached, $599,999, 5 BR, 3 Bths, 3676 SF, 172 DOM

17151 Cornell Ct, detached, $650,000, 4 Br, 3 Bths, 3422 SF, 118 DOM

1176 Troon Rd, detached, $784,900, 3 BR, 2 Bths, 3022 SF, 6 DOM

777 Northshore Rd, detached, $1,295,000, 3 BR, 2.5 Ths, 3960 SF, 125 DOM

Closed Sales

89 Galen St #89, condo, original price $45,000, closed price $41,000, 1 BR, 1 Bth, 42 CDOM

100 Kerr Pdwy #53, condo, original price $67,500, closed price $67,300, 1 BR, 1 Bth, 6 CDOM

92 Oswego Summit, condo, original price $84,900, closed price $84,900, 1 BR, 1 Bth, 66 CDOM

34 Condolea Dr, condo, original price $205,000, closed price $202,500, 2 BR, 2 Bths, 4 CDOM

19158 Longfellow Ave, detached, original price $199,000, closed price $215,000, 3 BR, 1.5 Bths, 100 CDOM

18280 Indian Creek Dr, detached, original price $293,000, closed price $293,000, 3 BR, 2 Bths, 1 CDOM

4 Juarez St, detached, original price $520,000, closed priced $390,000, 4 BR, 2.5 Bths, 243 CDOM

5073 Madrona St, detached, original price $455,000, closed price $444,000, 3 BR, 3 Bths, 20 CDOM

2 Sibelius Ct, detached, original price $559,900, closed price $567,000, 5 BR, 2.5+.5 Bths, 2 CDOM

14100 Redwood Ct, detached, original price $648,995, closed price $622,000, 4 BR, 3 Bths, 19 CDOM

920 Oak Terrace, detached, original price $799,000, closed price $662,625, 4 BR, 2.5 Bths, 120 CDOM

168 Pine Valley Rd, detached, original price $1,095,000, closed price $950,000, 6 BR, 4.5 Bths, 0 CDOM

 

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

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Open Houses July 22, 2012

Linda and I are both holding houses open in Lake Oswego this Sunday.  We are 2 of 21 houses for you to view.

Linda is holding open 979 Devon from 2 to 4.  This is a spectacular home with sweeping Mountain and City views.  It has 4 bedrooms and 3 1/2 baths that include a separate apartment.  Priced at just $397,000, it is an outstanding value.

I am holding open 6479 McDuff Ct from 1 to 3.  This house was built in 2006 with no expense spared.  High ceilings, superior woodwork, and a master suite that features both a fireplace and a Juliet balcony, this house has 3 bedrooms + a bonus and 2 1/2 baths for $559,900.

Come on by!  Both Linda and I would love to see you!

Other houses to enjoy:

750 1st St D-24, a condo, $175,000,  2 BR, 2 Bths, open 1 to 3

16758 Graef Circle, detached, $269,000, 3 BR, 1 Bth, open 3 to 5

14 Polonius St, detached, $359,950, 4 BR, 4 Bths, open 1 to 4

979 Devon Ln, detached, $397,000, 4 BR, 3.5 Bths, open 2 to 4

17 Condolea Dr, detached, $410,000, 3 BR, 2.5 Bths, open 1 to 3

12 Morningview Ln, detached, $420,000, 3 BR, 2.5 Bths, open 1 to 3

1611 Lee St, detached, $429,900, 3 BR, 2.5 Bths, open 12 to 3

4080 Coltsfoot Ln, detached, $444,950, 3 BR, 2.5 Bths, open 1 to 3

17147 Warren Ct, detached, $469,000, 4 BR, 2.5 Bths, open 1 to 3

2823 Glen Haven Rd, detached, $538,000, 4 BR, 2 Bths, open 1 to 4

6479 McDuff Ct, detached, $559,900, 3 BR, 2.5 Bths, open 1 to 3

17980 Meadowlark Ln, detached, $689,000, 3 BR, 2.5 Bths, open 1 to 4

135 Middlecrest Ln, detached, $689,000, 3 BR, 2.5 Bths, open 1 to 4

330 Northshore Rd, detached, $769,000, 4 BR, 3 Bths, open 1 to 4

2300 Childs Rd, detached, $772,000, 4 BR, 2 Bths, open 1 to 4

582 9th St, detached, $799,900, 3 BR, 3.5 Bths, open 1 to 4

568 9th St, detached, $799,900, 3 BR, 3.5 Bths, open 1 to 4

828 8th St, detached, $825,000, 3 BR, 3.5 Bths, open 1 to 4

18383 Old River Dr, detached, $895,000, 4 BR, 4.5 Bths, open 1 to 3

1205 Chandler Rd, detached, $995,000, 5 BR, 3.5 Bths, open 2 to 4

760 7th St, detached, $1,059,000, 5 BR, 4.5 Bths, open 12 to 4

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LO Named One of 10 Best Towns for Families

Family Circle Maganzine has named Lake Oswego one of the Nation’s 10 best towns for families. This came as no surprise to me. It’s why I moved here. I think it’s why many people move here. This is simply a great place to raise kids.

Here is what Family Circle had to say:

Lake Oswego, Oregon

Population: 36,396
Median Income: $83,397
Median Home Price: $361,317
Households with Kids: 30%
Student/Teacher Ratio: 22:1
Great Schools Rating: 10

Beth Taylor, 53, rarely travels far from this scenic Portland suburb for family vacations. She and husband Mitch, a 52-year-old tech firm executive, along with kids Grant, 18, and Margaret, 9, have hiked in the Cascades, skied at Mount Hood and floated down the McKenzie River—all just a two- or three-hour drive away. The Taylors can also get their nature fix by walking out the front door, since their home borders a 645-acre forest known as Tryon Creek State Park. “When you’re on the trails, it’s easy to forget that you live anywhere near a city,” says Beth. But what she appreciates most about Lake Oswego is its caring citizens. To make up for school budget cuts, parents raised more than $2 million last year to hire teachers and keep classes small. And when Grant was hurt during a football game last October, two neighborhood doctors met Beth and Mitch in the ER for moral support and stayed with them through the night; when Grant returned home, the family’s voicemail and e-mail boxes were filled with hundreds of good wishes and their fridge had been stocked with food. “Not unusual at all,” says Beth. “People here go all out to support each other.”

Good Deeds: Every year students at Lake Oswego High spend one of their days off from school doing volunteer work, from cleaning the local library to mucking out stalls at a horse stable for disabled youth. In April 700 kids stepped up; next year’s goal is for all 1,200 to take part.