Author: Linda Rossi

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Real Estate at the Holidays

Many Realtors plan cruises and vacation trips at this time of year. Very early on in my real estate career, my Principal Broker handed me a tenet …an affirmation of sorts that I adopted as my own long ago when she said ~ “I am always busy in December.” And so it is.

Life goes on and people always have reasons to pursue changing their living environment no matter what time of year it is. You’ll often hear: “Wait till the spring” and the like. That may or may not be good advice when really looking at the individual’s situation and needs. I thought it might be useful to point out a few things about Real Estate at this time of year~

There are so many “extra” distractions right about now… gift-hunting, party-planning, wrapping, festive food-planning & preparation, school break planning for the kids…not to mention that it is often raining and cold and sometimes snowing. People who are looking for a home at this time of year are serious Buyers. So, as a homeowner who has a reason to make a life-change that involves selling your home right about now, the people coming through your home are not “just looking”. It’s a good thing to narrow/concentrate the Buyer-pool this way! Dianne also often points out that selling your property during the holidays allows you to really create those warm notes that often attract Buyers to a “home” rather than just a house~ Lights in the windows, festive decorations inside & out, and maybe even the smell of cookies authentically in the air. And from the other side of the equation~ Buyers, at this time of year may find they encounter Sellers who are more amenable to taking care of necessary safety/functional repair items and the tone is often more friendly with the goal of working toward mutual-benefit surrounding the transaction. ***So, generally, timing is usually some kind of factor for both the Buyer and the Seller right now which tends to create a cooperative mindset.

I thought it might be important for *someone* reading this to take note of these things should you find yourself in the midst of some life change nudging you to take action. As always, Dianne and I are here for you should this ever be the case.

Happy Holidays!

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Market Activity ~ Nov 20-26, 2023

Last week Lake Oswego had 7 properties entering the market, 8 moving to Pending status and 7 that Closed/Sold. Right now there are 120 properties available ranging from $250/,000 to $11,500,000.

Here is the breakdown according to RMLS:

NEW Nov 20-26, 2023

AddressList PriceBedsBathsSFProp Type
4 TOUCHSTONE #128$250,000$32.11350CONDO
11 OSWEGO #11$332,800$221241CONDO
1724 OAK ST$870,000$322689DETACHD
18521 WAXWING CIR$1,250,000$42.12936DETACHD
4355 HAVEN ST$1,999,900$44.13211DETACHD
17132 LOWENBERG TER$2,100,000$44.23322DETACHD
4745 DOGWOOD DRAUCTION$443920DETACHD

PENDING Nov 20-26, 2023

AddressList PriceBedsBathsSFProp TypeDays
45 EAGLE CREST DR #402$219,900$11768CONDO71
86 KINGSGATE RD / Upper$298,000$22849CONDO100
141 TOUCHSTONE CT$589,000$32.12066ATTACHD90
16240 PARKER RD$679,000$321454DETACHD269
13990 SHIREVA CT$789,000$321702DETACHD19
369 5TH ST$825,000$211552DETACHD4
6050 CHILDS RD$900,000$31.12129DETACHD17
18368 TAMAWAY DR$1,150,000$433741DETACHD40

SOLD Nov 20-26, 2023

AddressOpeningClosedBedsBathsSFProp TypeDays
51 GREENRIDGE CT$475,000$453,457$221348ATTACHD30
12884 BOONES FERRY RD$475,000$472,500$22.11210CONDO3
12802 BOONES FERRY RD$479,900$479,900$32.11182CONDO87
1228 CEDAR ST$625,000$610,000$321302DETACHD95
34 CHURCHILL DOWNS$824,000$725,000$432080DETACHD56
3460 LAKE GROVE AVE$1,498,000$1,450,000$321673DETACHD49
2275 GLEN HAVEN RD$2,349,900$2,234,900$444109DETACHD2
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 (***We’ve used “Days” in each category for ease of understanding) .
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Portland Metro Neighborhood Stats + LO

Overview/Fluctuations ~ October 2023 Market Data:                                                                                                               

Here is your monthly look at what’s happening in Portland metro and how it relates to Lake Oswego (broken out at the bottom)

As we gear up for the holidays, activity is seasonally lower. But the most interesting thing for me to note is that the market seems to be stabilizing. I looked at last year’s October report, and prices were *much* more volatile at that time. Right now there is not so much fluctuation in price, and Inventory is continuing to rest at around 3 month’s worth. Overall activity is down a bit from last year in October.

Rates: “Great news this week showing inflation is continuing to slow. The Fed should be done raising rates! Look for more good news ahead.”        Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report  for the Portland Metro Area-September 2023:

  • There were 2,207 New Listings in October which is down 12.2% from 2,513 in Oct 2022 and  down 18.7% from the 2,713 in the previous month/September.
  • At 1,670 Oc­t 2023’s Closed Sales (Solds) are down 14.6% from Oct 2022’s 1,955, and decreased 2.7% from the previous month’s total of 1,717.
  • At 1,625 Oct 2023’s Pending Sales (Accepted Offers) are down 11.4% from Sept 2022’s 1,835, and also down 10.2% from the previous month/September’s total of 1,809.
  • The Average Sale Price for Sept 2023 of, $592,700 is up a whole $2,700. from last year/Oct 2022’s $592,000, and down $3,200 from the p­­revious month/Sept’s $595,900. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in Oct 2023 of $525,000 dropped $12,000 from Oct 2022’s $537,000, & is down $12,400 from Sept’s $537,400.

LAKE OSWEGO: (Oct ’23)

248 Active Listings (Sep 279)
98 New Listings  (Sep 137)
85 Pending Sales (Sep 98)
85 Closed Sales  (Sep 75)
Average Sale Price for Sept: $954,500 (Sep $1,076,000)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
47 Days on the Market   (Sep 51)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS

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Market Activity ~ Nov 6-12, 2023

Last week there were 6 properties entering the market, 12 with accepted Offers moving to Pending status and 11 Sold/Closed. Right now there are 141 properties available in Lake Oswego ranging from $219,900 to $11,500,000.

Here is the breakdown according to RMLS:

NEW Nov 6-12, 2023

AddressList PriceBedsBathsSFProp Type
4690 AUBURN LN$900,000$33.12750ATTACHD
6050 CHILDS RD$900,000$31.12129DETACHD
4904 PARKHILL ST$1,195,000$42.13433DETACHD
17393 GRANDVIEW CT$1,275,000$43.13772DETACHD
1885 CREST DR$1,429,900$332391DETACHD
2800 WEMBLEY PARK RD$2,600,000$44.14538DETACHD

PENDING Nov 6-12, 2023

AddressList PriceBedsBathsSFProp TypeDays
45 EAGLE CREST DR #506$189,900$11600CONDO44
96 OSWEGO SUMMIT /Lower$219,900$11964CONDO6
12884 BOONES FERRY RD$475,000$22.11210CONDO3
4510 LOWER DR B1$545,000$32.11729CONDO42
6 THE GROTTO$560,000$321381DETACHD197
5330 CARMAN GROVE LN$995,000$32.12493DETACHD43
1177 C AVE$999,000$321957DETACHD34
2020 WEMBLEY PARK RD$1,078,000$321712DETACHD369
14584 PFEIFER WAY$1,250,000$422647DETACHD14
17312 BERGIS FARM DR$1,999,000$44.24804DETACHD16
2248 SUMMIT CT$2,450,000$423024DETACHD10
2800 WEMBLEY PARK RD$2,600,00044.14538DETACHD0

SOLD Nov 6-12, 2023

AddressOpeningClosedBedsBathsSFProp TypeDays
100 KERR PKWY #42$237,500$216,000$21.1822CONDO59
248 RIDGEWAY RD /Upper$395,000$315,000$11753CONDO155
5737 WASHINGTON CT$669,000$664,000$31.11521DETACHD5
3620 WREN ST$1,189,000$900,000$43.13056DETACHD75
807 HOODVIEW LN$1,200,000$1,315,000$433931DETACHD5
18653 PILKINGTON RD$1,525,000$1,410,000$43.13196DETACHD64
1885 CREST DR$1,429,900$1,429,900$332391DETACHD0
13052 KNAUS RD$1,690,000$1,500,000$433026DETACHD8
915 CEDAR ST$1,695,000$1,630,000$43.13219DETACHD26
4247 LORDS LN$2,680,000$2,200,000$43.13840DETACHD102
1860 EGAN WAY$2,250,000$2,300,000$433687DETACHD5
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 (***We’ve used “Days” in each category for ease of understanding) .

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This Week in Lake Oswego

Here are my picks for what to do in Lake Oswego this week!

Mon, Nov 6 , 2023 – Storyline Recording- Listen to short stories, book excerpts and poetry on demand, – INFO: CLICK HERE

Tues, Nov 7, 2023 – 2:30-4:30 PM – Slow Jam ~ Come & enjoy playing music with others! Bring your instrument and make some musical friends.. – ACC, 505 G Avenue Lake Oswego More Info: CLICK HERE

Wed, Nov 8, 2023 – 6:00 PM – Historic Resources Advisory Board ~  Review the Historic Preservation Grant from Lakewood Neighborhood, Revisions to the Historic Preservation Code, Parks Plan & More ~ Lake Oswego City Hall, 380 A Avenue ~ More Info :  CLICK HERE

Thurs, Nov 9, 2023 – 6:00 PM – Teen Advisory Board! ~Be a part of planning programs including book groups, movie nights and more! ~ Lake Oswego Library, Lower Level, 706 Fourth St. – More Info:  CLICK HERE

Fri, Nov 10, 2023 – 2:00-4:00 PM –Family Movie Matinee~ Start your long weekend with a movie on a rainy day at cozy Children’s Library. Featuring “Super”. ~ Lake Oswego Public Library, 706 Fourth St ~ More Info: CLICK HERE

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Market Activity ~ Oct 23-29, 2023

Last week in Lake Oswego there were 16 properties entering the market, 9 moving to Pending status and 11 Closed/Sold.

Here is the breakdown according to RMLS:

NEW Oct 23-29, 2023

AddressList PriceBedsBathsSFProp Type
40 CRESTFIELD CT / Upper$239,000$11690CONDO
2019 BONNIEBRAE DR$525,000$321539ATTACHD
4510 LOWER DR, B1$545,000$32.11729CONDO
1228 CEDAR ST$625,000$321302DETACHD
18211 INDIAN CREEK DR$850,000$312204ATTACHD
7 GROUSE TER$935,000$32.12516DETACHD
17942 SAINT CLAIR DR$969,000$42.12533DETACHD
21 HIDALGO ST$1,000,000$433392DETACHD
807 HOODVIEW LN$1,200,000$433931DETACHD
14584 PFEIFER WAY$1,250,000$422647DETACHD
4360 WESTBAY RD$1,329,000$432636DETACHD
17312 BERGIS FARM DR$1,999,00044.24804DETACHD
541 8th ST$2,400,00043.13559DETACHD
2248 SUMMIT CT$2,450,000423024DETACHD
2430 SUMMIT CT$4,500,000333074DETACHD
17950 KELOK RD365. – 389,99.44.13600DETACHD

PENDING Oct 23-29, 2023

AddressList PriceBedsBathsSFProp TypeDays
1228 CEDAR ST$625,000$321302DETACHD2
16266 PARKER RD$735,000$422014DETACHD94
1525 IVY CT$739,000$42.12163DETACHD93
34 CHURCHILL DOWNS$774,900$432080DETACHD95
12 MORNINGVIEW LN$799,000$32.12730ATTACHD51
12123 ORCHARD HILL WAY$874,900$42.12841DETACHD107
18499 OLD RIVER DR$1,599,000$43.14217DETACHD130
3600 UPPER DR$1,849,000$533771DETACHD195
541 8th ST$2,400,000$43.13559DETACHD

SOLD Oct 23-29, 2023

AddressOpeningClosedBedsBathsSFProp TypeDays
5650 LAKEVIEW BLVD$515,000$449,900$31990DETACHD94
4980 SUNTREE LN$549,000$450,000$322715DETACHD45
5955 CLAIRMONT CT$579,800$505,000$321824ATTACHD162
114 GREENRIDGE CT$599,000$550,000$21.11112DETACHD10
378 9TH ST$749,000$760,000$32.12135DETACHD67
956 WESTPOINT RD$1,195,000$1,150,000$43.14192DETACHD70
4688 UPPER DR$1,350,000$1,200,000$32.12019DETACHD61
16394 LAKE FOREST BLVD$1,250,000$1,375,000$533292DETACHD1
15290 QUARRY RD$1,999,000$1,971,000$32.12404DETACHD5
10 INDEPENDENCE AVE$2,198,000$2,000,000$43.13962DETACHD14
5220 FIRWOOD RD$8,950,000$7,000,000$44.35235DETACHD111
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 (***We’ve used “Days” in each category for ease of understanding) .
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Portland Metro Neighborhood Stats + LO

Here is your monthly look at what’s happening in Portland metro and how it relates to Lake Oswego (broken out at the bottom)

Overview/Fluctuations ~ Sept 2023 Market Data: 

Activity is down as you’d expect in Fall (New, Pending & Closed categories dropped), Inventory is up & prices are down. If you’re a Buyer this is your season!  If you’re a Seller, pricing right will draw out the activity & potential multiple Offers putting you in a good position. The bulk of overall sales are narrowed between the $400,000 – $700,000 price range.

Rates: “Geopolitical events are tempering the pressure on rates. Currently rates are in your  mid 7% range.”       Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report  for the Portland Metro Area-September 2023:

  • There were 2,713 New Listings in Sept– which is down 13.9% from 3,151 in Sept 2022 and down 7.2% from the 2,923 in the previous month/August.
  • At 1,717 Sep­t 2023’s Closed Sales (Solds) are down 23.2% from Sept 2022’s 2,237, and decreased 20.3% from the previous month’s total of 2,155.
  • At 1,809 Sept 2023’s Pending Sales (Accepted Offers) are down 9.7% from Sept 2022’s 2,003, and also down 11.9% from the previous month/August’s total of 2,053.
  • The Average Sale Price for Sept 2023 of, $595,900 is down  $2,800. from last year/Sept 2022’s $598,700, and down $12,400 from the previous month/August’s $608,300. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in Sept 2023 of $537,400 dropped $10,600 from Sept 2022’s $548,000, & up just $500 from August’s $536,900.

LAKE OSWEGO: (Sept ’23)

279 Active Listings (Aug 290)
137 New Listings  (Aug 151)
98 Pending Sales (Aug 93)
75 Closed Sales  (Aug 111)
Average Sale Price for Sept: $1,076,600 (Aug $1,184,900)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
51 Days on the Market   (Aug 44)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS

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This Week in Lake Oswego

Here are my picks of what to do in Lake Oswego this week ~

Mon, Oct 9, 2023 – 4:00 PM – Planning Commission – Marylhurst Commons/Mercy Greenbrae Tour– The offsite meeting is for the purpose of learning more about this development in order to inform the City’s work to develop a Housing Production Strategy (HPS) in compliance with state House Bill 2003 (2019) (PP 22-0005) . Mercy Greenbrae Apartments: Greenbrae INFO HERE , INFO ON TOUR: CLICK HERE

Tues, Oct 10, 2023 – 1:00 PM – GRIEF RELIEF-Recover & Rebuild After Loss Series ~ Get help navigating through grief with tips, tools and discussion. This class is led by Georgena Grace, MA, RSCP, CRS who is a Trauma Specialist, Grief Guide, and the owner of the Integrated Wellbeing Institute. – ACC, 505 G Avenue Lake Oswego More Info: CLICK HERE

Wed, Oct 11, 2023 – 6:00 PM – Historic Resources Advisory Board ~  Review the Historic Preservation Grant from Lakewood Neighborhood, Revisions to the Historic Preservation Code, Parks Plan & More ~ Lake Oswego City Hall, 380 A Avenue ~ More Info :  CLICK HERE

Thurs, Oct 12, 2023 – 6:00 PM – Teen Advisory Board! ~Be a part of planning programs including book groups, movie nights and more! ~ Lake Oswego Library, Lower Level, 706 Fourth St. – More Info:  CLICK HERE

Fri, Oct 13, 2023 – 7:00-9:00 PM – Living Well Dance featuring the Millennium Dance Band ~ Come dance to big band music of the 30’s, 40’s & 50’s with an occasional ballroom favorite. (Under 14 requires adult accompaniment.) ~ CCP, 1060 Chandler Rd ~ More Info: CLICK HERE

Sat, Oct 14, 2023 – 10:00 AM-2:00 PM– Lake Oswego & West Linn Wellness Fair – All are welcome to this Free event dedicated to poviding a fun, educational day for people to learn more about health, wellness and sustainability opportunities throughout our surrounding communities. ~ Millennium Plaza Park, 200 1st Street ~ More Info :  CLICK HERE

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Portland Metro Neighborhood Stats + LO

Here is your monthly look at what’s happening in Portland metro and how it relates to Lake Oswego (broken out at the bottom):

Overview/Fluctuations ~ August 2023 Market Data:                                                                      

In August Inventory showed a bit of a dip but not much. We still have a pretty pronounced shortage of homes persisting. Prices are down from July in most places. Check out the Neighborhood Report below for specifics on various parts of Portland’s metro & surrounding areas.

Rates: “The Fed meets this week and no moves are expected. That is a good sign for rates moving forward”       Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report  for the Portland Metro Area-August 2023:

  • There were 2,923 New Listings in August– which is down 8.9% from 3,209 in August 2022 and  up 0.8% from the 2,899 in the previous month/July.
  • At 2,155 August 2023’s Closed Sales (Solds) are down 16.5% from August 2022’s 2,581, and increased 12.7% from the previous month’s total of 1,912.
  • At 2,053 August 2023’s Pending Sales (Accepted Offers) are down 18.9% from August 2022’s 2,530, and also down 4.3% from the previous month/July’s total of 2145.
  • The Average Sale Price for August 2023 of, $608,300 is up a slight  $600. from last year/August 2022’s $607,700, and down $12,100 from the previous month/July’s $620,400. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in August 2023 of $536,000 dropped $12,400 from August 2022’s $548,400, & $13,900 from July’s $549,900.

NEIGHBORHOODS REPORT:

LAKE OSWEGO: (August ’23)

290 Active Listings (Jul 274)
151 New Listings  (Jul 176)
93 Pending Sales (Jul 109)
111 Closed Sales  (Jul 113)
Average Sale Price for August: $1,184,900 (Jul $990,700)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
44 Days on the Market   (Jul 31)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS).

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Market Activity ~ Sept 4-10, 2023

Last week Lake Oswego saw 20 properties enter the market, 13 move to Pending status, and 11 Closed/Sold. Right now there are 195 homes to choose from ranging from $220,000 to $11,500,000.

Here is the breakdown:

NEW Sept 4-10, 2023

AddressList PriceBedsBathsSFProp Type
12802 BOONES FERRY RD$395,000$22.11225CONDO
782 LAUREL ST$400,000$321400CONDO
47 GREENRIDGE CT$450,000$221350CONDO
668 MCVEY AVE #14$479,000$11636CONDO
2400 PARK RD$505,000$32.11182CONDO
5051 W SUNSET DR$534,900$21.11176ATTACHD
3972 CARMAN DR$620,000$22.11734ATTACHD
14051 CHELSEA DR$815,000$32.12730ATTACHD
1776 RIDGECREST DR$865,000$32.11966DETACHD
3520 LAKE GROVE AVE$875,000$52.11962DETACHD
1101 CRESTLINE CT$875,000$432704DETACHD
8 HOTSPUR ST$1,300,000433022DETACHD
455 9TH ST$1,495,000321589DETACHD
1142 CRESTLINE CT$1,549,000342550DETACHD
12 MORNINGVIEW LN$1,895,00032.12169DETACHD
1125 NORTHSHORE RD$2,598,00043.13624DETACHD
1481 GREENTREE CIR$2,600,00043.13911DETACHD
750 1ST ST #16$3,299,000$44.27226DETACHD
17264 LAKE HAVEN DR$4,950,000$55.16440DETACHD
5225 JEAN RD #106$5,995,000$44.15876DETACHD

PENDING Sept 4-10, 2023

AddressList PriceBedsBathsSFProp TypeDays
15290 QUARRY RD$499,900$31990DETACHD51
16200 PACIFIC HWY #29$500,000$221207CONDO9
42 SPINOSA$650,000$32.12056DETACHD85
107 KINGSGATE RD$674,900$321516DETACHD12
4980 SUNTREE LN$699,000$32.12135DETACHD67
4500 GALEWOOD ST$775,000$332373DETACHD65
529 LIVINGOOD LN$800,000$32.12124DETACHD4
13410 S FIELDING RD$949,000$321837DETACHD25
4840 SW DOGWOOD DR$949,000$332716DETACHD95
13920 SHIREVA DR$1,300,000$533212DETACHD12
14051 CHELSEA DR$1,300,000$433022DETACHD1
650 1ST ST, Grnd$1,500,00032.12767CONDO101
19494 SW Lorna LN$2,989,00044.24806DETACHD276

SOLD Sept 4-10, 2023

AddressOpeningClosedBedsBathsSFProp TypeDays
100 KERR PKWY #31$219,500$219,000$11617CONDO14
19201 INDIAN CREEK AVE$669,900$669,900$42.11721DETACHD7
17753 OVERLOOK CIR$824,900$824,900$433455DETACHD18
1590 HALLINAN ST$874,900$890,000$422070DETACHD4
15789 MURWOOD CT$974,900$1,055,000$42.12232DETACHD4
2411 GLEN EAGLES RD$1,250,000$1,200,000$52.12100DETACHD9
13531 FIELDING RD$1,395,000$1,400,000$43.14566DETACHD7
4665 FIRWOOD RD$1,495,000$1,587,300$32.12574DETACHD2
455 9TH ST$1,895,000$1,895,000$32.12169DETACHD0
915 OAK TER$2,435,000$2,191,777$443816DETACHD298
2936 LAKEVIEW BLVD$3,595,000$3,500,000$53.14208DETACHD4
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 (***We’ve used “Days” in each category for ease of understanding) .