Author: Linda Rossi

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News & Notes ~ April Numbers 2015

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Here are the most recent real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together).

Enjoy!   (If you like this kind of thing…. we do : )

According to the RMLS Market Action Report for the Portland Metro Area, April, 2015:

  • There were 3,949 New Listings in April which was up 9.8% from the previous month/March, and up 8.8% from April of 2014.
  • At 2,734 April Closed Sales increased 11.3% over March and were up  27.6% from April of 2014.
  • April Pending Sales (accepted offers), at 3,613, was the strongest April since 2005. Up… 6.8%  from March AND 27.9% better than April of 2014.
  •  The Average Sale Price in April of $347,500 was up $10,300. from March’s Average of $337,200, and $14,900 from April of 2014’s $332,600. 

The combined areas of Lake Oswego and West Linn  for the month of April 2015 reported:

    •  364 Active Listings  (373 in March)
    •  237 New Listings    (209 in March)
    •  200 Pending Sales    (174 in March)
    •  161 Closed Sales   (130 in March)
    • Average Sale Price for April of $506,300.  ($475,900. in March)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can scew 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.
    • Average Time on the Market: 73 Days  (104 in March)
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Market Activity ~ May 18-24, 2015

Movin’ right along…………

Last week in Lake Oswego we saw 19 New properties enter the market, 36 move to Pending status, and 20 “Closed”/Sold.

Following is the breakdown for you according to RMLS for last week:

NEW on Mkt (May 18-24, 2015)

Address List Price # Beds # Baths Total SF Prop Type
6331 SHAKESPEARE ST $314,900 3 1.1 992 DETACHD
1 PEACOCK PL $348,500 3 2.1 1248 DETACHD
16444 BONAIRE AVE $349,900 3 2 1392 DETACHD
5547 WASHINGTON CT $349,900 4 2 1300 DETACHD
6105 SW SHAKESPEARE ST $399,900 4 2 1550 DETACHD
5748 WINDFIELD LOOP $415,000 3 3 1693 DETACHD
15518 HERITAGE CT $565,000 4 3.1 2700 DETACHD
4220 ALBERT CIR $585,000 3 3 2406 DETACHD
820 LAKE FOREST DR $599,950 4 2.1 2676 DETACHD
345 E AVE $600,000 3 2 1582 DETACHD
17200 CANAL CIR $685,000 2 1.1 1774 DETACHD
5441 BAY CREEK DR $725,000 4 2.1 3117 DETACHD
5349 CARMAN DR $745,000 3 2.1 2633 DETACHD
2395 PALISADES CREST DR $749,000 4 3 3397 DETACHD
104 GARIBALDI ST $799,000 3 2.1 3074 DETACHD
4800 UPPER DR $1,195,000 5 5 5074 DETACHD
4579 UPPER DR $1,198,000 4 3.1 3700 DETACHD
13599 KNAUS RD $1,888,000 5 7 6874 DETACHD
1814 Highlands LOOP $2,295,000 4 4.1 5579 DETACHD

PENDING SALES (May 18-24, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4630 LOWER DR #Lower $137,000 2 1.1 1260 CONDO 5
336 CERVANTES CIR $139,500 2 1.1 1112 CONDO 198
272 CERVANTES #Lower $159,000 3 2 1209 CONDO 6
48 EAGLE CREST DR #2C $164,900 3 2 1623 CONDO 199
3433 MCNARY PKWY #701 $199,900 2 2.1 1136 CONDO 6
16250 PACIFIC HWY #56 $229,900 2 2 1305 CONDO 439
15495 BRIANNE CT $280,000 2 2.1 1292 ATTACHD 39
208 GREENRIDGE DR $337,500 3 2 1392 ATTACHD 10
21 ORIOLE LN $375,000 2 2 1473 DETACHD 7
1428 GREENTREE CIR $399,950 4 2.1 2236 DETACHD 84
10 ORIOLE LN $410,000 3 2 1536 DETACHD 4
4730 FIRWOOD RD $425,000 4 2 2124 DETACHD 6
304 6TH ST $450,000 1 1 941 DETACHD 21
2705 ORCHARD HILL LN $489,000 4 2.1 2841 DETACHD 24
1427 ASPEN ST $495,000 4 2 2298 DETACHD 2
19226 CHILDS CT $499,000 5 2.5 2552 DETACHD 3
5695 WASHINGTON CT $499,000 4 2 1769 DETACHD 33
14145 REDWOOD CT $539,000 4 3 2452 DETACHD 64
1681 WOODLAND TER $585,000 3 2.1 2304 DETACHD 26
3099 ROSEMARY LN $599,000 4 4 4486 DETACHD 9
4263 SUNSET DR $625,000 3 2.1 3250 DETACHD 27
2699 TOLKIEN LN $670,000 4 2.1 3115 DETACHD 32
5605 SOUTHWOOD DR $689,900 4 2.1 2984 DETACHD 2
1336 GLENMORRIE DR $709,900 3 3.1 3150 DETACHD 3
15761 SPRINGBROOK CT $728,000 4 3 3007 DETACHD 2
13456 PROVINCIAL HILL WAY $729,000 3 2.1 2771 DETACHD 20
5626 GRAND OAKS DR $749,000 3 3.1 3387 DETACHD 21
5987 SUNCREEK DR $775,000 4 2.1 2932 DETACHD 33
16987 Alder CIR $799,000 3 2.1 1989 DETACHD 34
22 HOTSPUR ST $829,000 5 3.1 4002 DETACHD 7
1120 HOODVIEW LN $919,900 4 3 3454 DETACHD 4
2250 SOUTHSHORE BLVD $975,000 4 4.1 4373 DETACHD 1
2609 GLEN HAVEN RD $1,060,000 4 4 3793 DETACHD 66
1411 LAKE FRONT RD $1,395,000 3 4 3349 DETACHD 50
17735 KELOK RD $1,499,000 4 3 4021 DETACHD 163
1836 Highlands LOOP $1,800,000 4 5.1 5400 DETACHD

SOLD  (May 18-24, 2015)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
1400 BONNIEBRAE DR $185,000 $175,000 2 1 864 ATTACHD 4
4107 JEFFERSON PKWY $237,500 $245,000 2 2.1 1367 CONDO 7
62 GREENRIDGE CT #Grnd $260,000 $260,000 3 2 1596 CONDO 147
200 BURNHAM RD #209 $299,900 $300,000 2 2 1305 CONDO 5
16875 TRACY AVE $320,000 $315,000 4 2 1825 DETACHD 2
9 CONDOLEA DR #Main $380,000 $364,500 3 3 2198 CONDO 39
550 2ND ST $419,995 $376,000 2 1.2 1540 CONDO 343
321 CERVANTES #Grnd $385,000 $385,000 3 2.1 2474 CONDO 205
5866 RIDGETOP CT $407,500 $407,500 3 2 1866 DETACHD 2
5364 ROSEWOOD ST $449,900 $433,000 4 2.1 1980 DETACHD 28
63 TOUCHSTONE $539,900 $545,000 4 3 2472 DETACHD 4
2550 SOUTHSHORE BLVD $590,000 $565,000 4 3.1 3721 DETACHD 159
1011 Spruce ST $565,000 $585,000 3 2.1 1930 DETACHD 29
80 TANGLEWOOD DR $629,900 $641,000 5 3 2713 DETACHD 3
5157 WOODCREST LN $649,900 $645,000 4 2.1 3144 DETACHD 33
19496 OLSON AVE $750,000 $750,000 4 2.1 3172 DETACHD 1
13371 ATWATER LN $899,000 $899,000 4 3 4795 DETACHD 0
17335 KELOK RD $1,039,000 $930,000 4 3.1 2491 DETACHD 48
717 5TH ST $995,000 $981,200 4 2.1 2809 DETACHD 0
2493 SOUTHSHORE BLVD $2,895,000 $2,650,000 5 5.1 7112 DETACHD 458

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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Searching

Hello Property Blotter Readers!

Ok, I have a short post for you today as I’m running around helping clients along with Dianne and Whitney. Hopefully this will be helpful to some, though.

I constantly encounter clients who are searching in all kinds of places for properties online. I’m often amazed at getting lists of addresses people are interested in, only to find out that they’re all either Pending or Sold. ***The reason for this is that these sites (I won’t name them, but they are very popular and do a lot of advertising on television etc : ) basically suck their data out of the main database that Realtors use as their source of information; The MLS. Once they have that data, what their database does with it is anyone’s guess.

The minute a property goes on the market, its entered into and becomes viewable on the MLS. When it is Pending that’s entered and immediately viewable on the MLS.  When properties enter the market or change status to Pending, Sold, etc., these other sites have a lag time for updating their information, and they’re all different. Some hang onto properties a LONG time after they become unavailable.  So…. I highly recommend searching the MLS directly.  In addition to that, there are Good resources that offer various types of searching and stay pretty up to date.  Here are a few I recommend:

RMLS:     CLICK HERE

My Own Website’s Detailed Searching Database: CLICK HERE  ***My website allows you to set up automatic emails direct to you whenever a property meeting your needs comes on the market.

Our Oregon First Search Tool (click the Search Property Search Tab):  CLICK HERE

There are other sites I could discuss with you if you are interested.

Hope this is helpful.  Wherever you find your properties-of-interest, feel free to call or email me (or Dianne or Whitney) with your questions, and we’ll pick up the ball and be your champions!  We also specialize in assisting our clients by finding properties FOR them using our skill and experience to wade through the hundreds of options, finding the ones that best meet your needs.

Enjoy this amazing weekend in Oregon!

Very Best,

Linda

 

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Market Activity ~ Apr 27-May 3, 2015

All the numbers (and our collective subjective experience as Realtors) stack up to a continuing robust market:

Last week in Lake Oswego we saw 29 New properties enter the market, 19 move to Pending status, and 27 “Closed”/Sold.

Following is the breakdown for you according to RMLS for last week:

NEW on Mkt (Apr 27-May 3, 2015)

Address List Price # Beds # Baths Total SF Prop Type
104 OSWEGO SMT #104 $99,000 1 1 764 CONDO
47 EAGLE CREST DR #14 $100,000 1 1 666 CONDO
45 EAGLE CREST DR #214 $179,000 1 2 1046 CONDO
4459 THUNDER VISTA LN #Grnd $255,000 2 2.1 1925 CONDO
16953 GREENTREE AVE $420,000 4 3 1941 DETACHD
4596 LAMONT WAY $424,900 4 2 2236 DETACHD
304 6TH ST $450,000 1 1 941 DETACHD
16915 CRESTVIEW DR $469,000 4 2.1 2180 DETACHD
28 AQUINAS ST $499,000 3 2 2000 DETACHD
2464 MARYLHAVEN PL $610,000 4 2.1 2898 DETACHD
19664 RIVER RUN DR $614,900 4 2.1 3051 DETACHD
17244 FERNWOOD DR $649,900 4 2.1 2617 DETACHD
3100 WEMBLEY PARK RD $700,000 3 3 3060 DETACHD
14001 WESTCOTT CT $724,900 4 2.1 3223 DETACHD
139 DEL PRADO ST $725,000 3 2 2895 DETACHD
13456 PROVINCIAL HILL WAY $729,000 3 2.1 2771 DETACHD
17065 TUALATIN ST $739,000 3 2.1 2733 DETACHD
6484 MCDUFF CT $749,000 4 4 3120 DETACHD
5955 SUNBROOK DR $759,000 4 3 3110 DETACHD
5650 BAY CREEK DR $859,900 4 2.1 3668 DETACHD
18360 DELENKA LN $859,900 5 3.1 4828 DETACHD
1055 COUNTRY CLUB RD $879,000 3 2 2908 DETACHD
18262 BRYANT RD $949,900 4 3.1 3428 DETACHD
19229 35TH PL $959,900 5 3.1 4764 DETACHD
910 FAIRWAY RD $1,069,000 4 3.1 3384 DETACHD
17518 RIDGEVIEW LN $1,282,000 4 3.1 4051 DETACHD
983 LAKE FRONT RD $1,595,000 3 2.1 2199 DETACHD
2950 WEMBLEY PARK RD $1,950,000 4 5.1 6329 DETACHD
1125 MAPLE ST $2,395,000 4 3.1 5481 DETACHD

PENDING SALES (Apr 27-May 3, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
54 GALEN ST #Upper $123,900 2 2 995 CONDO 42
45 EAGLE CREST DR #219 $189,900 3 2 1537 CONDO 14
668 MCVEY AVE #33 $284,900 2 1 852 CONDO 58
6288 SEVILLE AVE $295,000 3 2 1470 DETACHD 3
15434 STEPHANIE CT #Grnd $315,000 3 2.1 1566 ATTACHD 2
2031 BONNIEBRAE DR $319,900 4 2 1611 ATTACHD 6
7 CONDOLEA DR #Grnd $380,000 3 3 2388 CONDO 23
1428 GREENTREE CIR $399,950 4 2.1 2236 DETACHD 62
3919 SOUTHSHORE BLVD $424,900 3 4 2398 DETACHD 3
2705 ORCHARD HILL LN $489,000 4 2.1 2841 DETACHD 7
1297 HIDE A WAY LN $525,000 3 2.1 1832 DETACHD 6
4979 GALEN ST $555,000 4 2.1 3298 DETACHD 12
16920 GREENTREE AVE $625,000 4 2.1 2830 DETACHD 2
221 6TH ST $625,000 3 2 1508 DETACHD 14
6 CELLINI CT $705,000 5 3 3494 DETACHD 19
1854 OAK KNOLL CT $1,025,000 3 3 3530 DETACHD 237
1850 ATHERTON DR $1,179,000 3 2.1 4825 DETACHD 581
17620 BLUE HERON RD $1,198,000 4 3.1 4041 DETACHD 67
1017 LAKE FRONT RD $2,595,000 5 4.2 4070 DETACHD 206

SOLD  (Apr 27-May 3, 2015)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #52 $89,000 $84,000 1 1 666 CONDO 17
48 EAGLE CREST DR #1C $169,950 $97,500 2 2 1370 CONDO 231
320 CERVANTES CIR $129,900 $120,000 2 1 832 CONDO 44
4 TOUCHSTONE #158 $140,000 $142,000 2 2 984 CONDO 5
4 TOUCHSTONE #89 $160,000 $155,000 3 2.1 1351 CONDO 72
16250 PACIFIC HWY #45 $194,900 $175,000 2 2 1311 CONDO 71
200 BURNHAM RD #402 $199,500 $190,000 2 2 1305 CONDO 261
3144 DIANE DR $224,900 $280,000 3 1.1 1632 DETACHD 31
16472 BONAIRE AVE $289,900 $350,000 3 2 1464 DETACHD 3
5530 BONITA RD $398,000 $389,900 3 2 1200 DETACHD 34
17280 WESTVIEW DR $429,000 $416,000 4 3 2324 DETACHD 6
4711 REMBRANDT LN $450,000 $452,000 3 2.1 2050 DETACHD 3
32 SPINOSA $479,000 $455,900 4 3.1 2542 DETACHD 1964
6459 FROST ST $499,900 $488,500 4 2.1 2627 DETACHD 101
17380 CANYON DR $514,950 $493,000 4 2.1 2526 DETACHD 145
18582 BRYANT RD $499,995 $504,500 3 2.1 2400 DETACHD 7
1585 PATTON RD $539,900 $515,000 4 3 3162 DETACHD 314
18634 Bryant RD $551,995 $534,995 3 2.1 2736 DETACHD
1008 SPRUCE ST $535,000 $535,000 3 2.1 1765 DETACHD 6
1380 BONNIEBRAE DR $730,000 $675,000 5 3 2940 DETACHD 109
2286 WEMBLEY PARK RD $699,000 $699,000 3 3 2000 DETACHD 43
15203 LILY BAY CT $779,000 $765,000 4 2.1 3219 DETACHD 34
5032 DENTON DR $799,900 $800,000 3 2.1 3205 DETACHD 0
17900 GREENBLUFF DR $949,000 $900,000 4 3.1 4210 DETACHD 300
18042 SKYLAND CIR $1,150,000 $1,080,000 5 3 4800 DETACHD 212
16655 MAPLE CIR $1,269,000 $1,189,000 3 2 2030 DETACHD 12
1059 BAYBERRY RD $1,399,950 $1,375,000 4 3.1 3550 DETACHD 89

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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News & Notes

 

l-lake-oswego-mansion

 

 

The most recent real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are available.

According to the RMLS Market Action Report for the Portland Metro Area, March, 2015:

  • There were 3,596 New Listings in March which was up a full 24.7% from last month/February! and up 16.4% from March of 2014.
  • At 2,457 March Closed Sales increased a whopping 49.1% over February! and were up  32.3% from March of 2014.
  • March Pending Sales (accepted offers), at 3,384, was the strongest since 2006. Up… 33.5%  from February AND March of 2014.
  •  The Average Sale Price in March of $337,200 was up $9,200. from February’s Average of $328,000, and almost exactly the same from March of 2014’s $328,100. 

The combined areas of Lake Oswego and West Linn  for the month of March 2015 reported:

    • 373 Active Listings  (360 in Feb)
    • 209 New Listings    (198 in Feb)
    • 174 Pending Sales    (149 in Feb)
    • 130 Closed Sales   (86 in Feb)
    • Average Sale Price for March of $475,900.  ($518,300 in Feb)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can scew 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.
    • Average Time on the Market: 104 Days  (100 in Feb)
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Market Activity ~ April 6-12, 2015

Its springtime in Lake Oswego and activity is brisk. Here is your Latest Market Activity Report:

Last week in Lake Oswego we saw 18 New properties enter the market, 25 move to Pending status, and 17 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Apr 6-12, 2015)

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR ##39 $139,900 2 2 1085 CONDO
100 KERR PKWY #1 $159,500 2 2 1188 CONDO
170 OSWEGO SMT $177,100 2 2 1506 CONDO
4107 JEFFERSON PKWY $237,500 2 2.1 1367 CONDO
668 MCVEY AVE #24 $239,000 1 1 626 CONDO
1023 HALLINAN ST $349,000 3 1.1 1097 DETACHD
4283 WOODSIDE CIR $359,900 4 2 2032 ATTACHD
1878 MAPLELEAF RD $399,900 3 1.1 1347 DETACHD
5434 WILLOW CT $489,000 3 2.1 2446 ATTACHD
16889 WIGHT LN $489,000 4 2.1 2386 DETACHD
6 CELLINI CT $705,000 5 3 3494 DETACHD
4125 HEDGE NETTLE CT $715,000 4 2.1 2890 DETACHD
3180 WESTVIEW CT $875,000 5 3.1 4216 DETACHD
18320 RIVER EDGE LN $995,000 4 4 4342 DETACHD
3072 LAKEVIEW BLVD $1,150,000 5 5.1 4030 DETACHD
17327 KELOK RD $1,250,000 3 3 2300 DETACHD
3301 UPPER DR $1,400,000 4 3.1 4555 DETACHD
16511 MAPLE CIR $1,695,000 4 2.1 3342 DETACHD

PENDING SALES (Apr 6-12, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #52 $89,000 1 1 666 CONDO 17
15 OSWEGO SMT #15 $106,000 2 2 1212 CONDO 357
62 GREENRIDGE CT / Grnd $260,000 3 2 1596 CONDO 147
200 BURNHAM RD #209 $299,900 2 2 1305 CONDO 5
16875 TRACY AVE $320,000 4 2 1825 DETACHD 2
16470 BRYANT RD $324,900 3 2 2024 DETACHD 140
115 TOUCHSTONE TER $329,900 4 2.2 2848 ATTACHD 8
44 AQUINAS ST $379,900 4 2 1870 DETACHD 24
5324 LOWER DR $395,000 3 2.1 2034 DETACHD 3
4972 GALEN ST $415,000 2 3 1942 ATTACHD 175
5189 TUALATA LN $440,000 3 2 2422 DETACHD 150
18481 WAXWING CIR $459,000 3 2.1 1840 DETACHD 22
18640 TUALATA AVE $463,500 4 2 2076 DETACHD 4
17380 CANYON DR $514,950 4 2.1 2526 DETACHD 145
18530 BRYANT RD $514,995 3 2.1 2400 DETACHD 14
18728 Bryant RD $524,995 3 2.1 2736 DETACHD
2550 SOUTHSHORE BLVD $575,000 4 3.1 3721 DETACHD 159
12615 SW 21ST CT $739,000 4 3.1 4594 DETACHD 36
17572 SHEPHERDS CT $779,900 4 3 2983 DETACHD 36
2671 GLEN EAGLES RD $825,000 3 3 4019 DETACHD 5
496 8TH ST $879,000 4 2 2899 DETACHD 35
1901 SUMMIT DR $899,000 4 3.1 3444 DETACHD 7
13371 ATWATER LN $899,000 4 3 4795 DETACHD 0
17970 ROYCE WAY $1,125,000 5 4.1 5355 DETACHD 34
720 KENOLA CT $1,200,000 3 3.1 3727 DETACHD 53

SOLD  (Apr 6-12, 2015)

Address OpeningPrice Closed Price # Beds # Baths Total SF Prop Type CDOM
56 GALEN ST / Upper $142,500 $142,500 2 2 1000 CONDO 10
3433 MCNARY PKWY #506 $175,000 $185,000 2 2.1 1136 CONDO 3
3970 SW CARMAN DR / Grnd $219,900 $215,000 2 2.1 1129 CONDO 8
132 TOUCHSTONE TER $280,000 $280,000 3 2.1 1964 ATTACHD 0
65 KINGSGATE RD $299,900 $290,025 3 2 1237 ATTACHD 4
38 WHEATHERSTONE $299,900 $299,900 3 2.1 1692 ATTACHD 8
19060 INDIAN SPRINGS CIR $435,000 $408,000 3 2 1355 DETACHD 26
1107 CHERRY LN $424,900 $425,000 3 2 2094 DETACHD 10
18863 INDIAN SPRINGS RD $439,900 $439,900 4 3 2001 DETACHD 3
4733 FIRWOOD RD $474,900 $472,000 4 3 2310 DETACHD 189
34 DEL PRADO ST $569,950 $522,000 4 3 3120 DETACHD 101
18790 Bryant RD $544,995 $524,995 3 2.1 2400 DETACHD
409 MIDDLECREST RD $599,000 $595,000 3 3 2135 DETACHD 15
1890 CREST DR $769,000 $692,500 3 2.1 2782 DETACHD 144
14128 EDENBERRY DR $749,900 $752,000 4 2.1 3168 DETACHD 10
14488 PFEIFER DR $825,000 $869,700 4 3.1 3563 DETACHD 2
18360 RIVER EDGE LN $957,000 $925,000 4 2.1 3738 DETACHD 22

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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News & Notes

The most recent real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are available.

According to the RMLS Market Action Report for the Portland Metro Area, February, 2015:

  • There were 2,884 New Listings in February which was up 4.4% from January, and up 22.5% from February of 2014.
  • At 1,648, February Closed Sales increased 11.6% over January, and were up  12.3% from February of 2014.
  • February Pending Sales (accepted offers), at 2,534, was the strongest since 2007. Up… 10.5%  from January, and up a whopping 37.1% from February 2014.
  •  The Average Sale Price in February of $328,000 was down $1,400 from January, and up $2,500 from February of 2014. 

__________________________________________

The combined areas of Lake Oswego and West Linn  for the month of February 2015 reported:

    • 360 Active Listings
    • 198 New Listings
    • 149 Pending Sales
    • 86 Closed Sales
    • An Average Sale Price for February of $518,300.
    • Average Time on the Market: 100 Days
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Market Activity ~ March 16-22, 2015

The Lake Oswego market is humming right along.  Here is your Latest Market Activity Report:

Last week in Lake Oswego we saw 20 New properties enter the market, 24 move to Pending status, and 18 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Mar 16-Mar 22, 2015)

Address List Price # Beds # Baths Total SF Prop Type
2189 FERNWOOD CIR $650,000 4 2.1 2921 DETACHD
15938 QUARRY RD #A5 $164,900 2 1 996 CONDO
5157 WOODCREST LN $649,900 4 2.1 3144 DETACHD
17280 WESTVIEW DR $429,000 4 3 2324 DETACHD
11 CHURCHILL DOWNS $430,500 4 2.1 2336 DETACHD
18481 WAXWING CIR $465,000 3 2.1 1840 DETACHD
279 EVERGREEN RD $639,000 3 3.1 2136 ATTACHD
18977 BARTON RD $875,000 4 3.2 5076 DETACHD
0 STAFFORD RD Lot 2 $899,000 4 3.1 2834 DETACHD
134 KINGSGATE RD $399,000 3 2.1 1794 DETACHD
6109 SUMMER WOODS $485,000 4 2.1 2331 DETACHD
25 PARTRIDGE LN $485,000 3 2.1 3148 DETACHD
14383 HOLLY SPRINGS RD $450,000 5 3 2238 DETACHD
54 GALEN ST Upper $135,900 2 2 995 CONDO
14084 GOODALL RD $1,424,900 5 5.1 5399 DETACHD
4201 HAVEN ST $649,900 4 3 2678 DETACHD
667 3RD ST $679,000 6 6 3120 ATTACHD
2609 GLEN HAVEN RD $1,100,000 4 4 3793 DETACHD
2481 MARYLSHIRE LN $795,000 5 3.1 4154 DETACHD
17701 BLUE HERON WAY $499,900 3 2.1 2002 DETACHD

PENDING SALES (Mar 16-Mar 22, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13721 REGENCY CT $492,500 3 2.1 2311 DETACHD 102
13554 PETERS RD $899,850 3 2.5 3036 DETACHD 36
66 GALEN ST Upper $99,900 1 1 689 CONDO 111
550 2ND ST $395,000 2 1.2 1540 CONDO 286
16735 LAKE FOREST BLVD $315,000 3 2 1192 DETACHD 144
1990 GREENTREE RD $459,900 4 3 2100 DETACHD 11
13819 PROVINCIAL HILL DR $549,900 4 2.1 2096 DETACHD 24
703 5TH ST $979,000 4 2.1 2719 DETACHD 4
200 BURNHAM RD #306 $195,000 2 1 1199 CONDO 29
18706 Bryant RD $499,995 3 2.1 2400 DETACHD
9 DA VINCI ST $399,900 3 2 1768 DETACHD 5
1585 PATTON RD $539,900 4 3 3162 DETACHD 314
1015 SOUTHSHORE BLVD $619,900 4 3 3882 DETACHD 43
17763 MARDEE AVE $447,000 5 3 2300 DETACHD 10
4070 VIRGINIA WAY $747,500 3 2.1 3510 DETACHD 44
9 TOUCHSTONE $397,000 3 2 1890 DETACHD 15
44 AQUINAS ST $379,900 4 2 1870 DETACHD 2
1272 ZIVNEY LN $679,900 4 3 2658 DETACHD 16
1725 FERNWOOD DR $479,000 4 2.1 1580 DETACHD 13
4182 GLACIER LILY ST $630,000 4 3 2799 DETACHD 4
5707 YORKSHIRE CT $780,000 4 3.1 3400 DETACHD 0
2286 WEMBLEY PARK RD $699,000 3 3 2000 DETACHD 103
1033 OBRIEN ST $325,000 4 2 1416 DETACHD 25
17101 CHAPIN WAY $519,000 3 2 1949 DETACHD 6

SOLD  (Mar 16-Mar 22, 2015)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4650 LOWER DR /Lower $125,000 $115,000 2 1.1 1260 CONDO 86
1349 BONNIEBRAE DR /Twnhs $239,000 $219,600 3 1.1 1303 ATTACHD 118
17225 CHAPIN WAY $395,000 $347,000 3 2 2257 DETACHD 119
18 OSWEGO SMT #18 $69,900 $53,500 1 1 764 CONDO 176
4524 LOWER DR #A3 $315,000 $265,000 3 2.1 1650 CONDO 147
86 KINGSGATE RD #F-106 $142,000 $142,000 2 2 840 CONDO 3
4171 OLD GATE RD $350,000 $330,000 4 2 1752 DETACHD 7
4 TOUCHSTONE #136 $178,500 $163,700 3 2.1 1351 CONDO 5
124 D AVE /Twnhs $550,000 $550,000 2 2.1 1754 ATTACHD 7
2508 ORCHARD HILL PL $439,900 $452,000 3 2.1 2229 DETACHD 4
368 CERVANTES CIR /Twnhs $129,500 $117,999 2 1 882 CONDO 27
1625 BEDFORD CT $595,000 $574,000 2 2.1 2462 DETACHD 9
5487 TUALATA CT $339,455 $339,455 3 2 1200 DETACHD 1
751 BRIERCLIFF LN $528,950 $519,950 4 3 2534 DETACHD 32
127 DEL PRADO ST $459,000 $459,000 4 3 2310 DETACHD 5
17617 ARBOR LN $390,000 $390,000 3 2 1745 DETACHD 214
116 OSWEGO SMT #116 $139,000 $132,000 2 2 1140 CONDO 323
121 LEONARD ST #C $185,000 $178,000 2 2 1118 CONDO 131

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.

Posted on

News & Notes

The most recent real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are available.

According to the RMLS Market Action Report for the Portland Metro Area, January, 2015:

  • There were 2,762 New Listings in January which was up a whopping 79.4% from December, and up 6.9% from January of 2013.
  • At 1,477, January Closed Sales dropped 34% from the month prior, but were up a full 5.8% from January of 2013.
  • January Pending Sales (accepted offers), at 2,294, were very strong. Up… 37.6%  from December, and up 13.2% from January 2013.
  • Comparing the 12 months ending January 31st of 2015 with the same 12 month period ending January 2014, Average Sales Price is up 7%.    The Average Sale Price in January of $329,400 was down $2,200 from the month prior. 

__________________________________________

The combined areas of Lake Oswego and West Linn  for the month of January 2015 reported:

    • 337 Active Listings
    • 166 New Listings
    • 113 Pending Sales
    • 68 Closed Sales
    • An Average Sale Price for December of $533,500.
    • Average Time on the Market: 84 Days
Posted on

Market Activity ~ Feb 23 – March 1, 2015

Lake Oswego is seeing lots of activity, along with the greater Portland area.

Here is your Latest Market Data: Last week in Lake Oswego we saw 16 New properties enter the market, 26 move to Pending status, and 15 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 23-Mar 1, 2015)

Address List Price # Beds # Baths Total SF Prop Type
56 GALEN ST Upper $142,500 2 2 1000 CONDO
44 ORIOLE LN $389,000 4 2.1 2156 DETACHD
4871 CENTERWOOD ST $415,000 4 3 2619 DETACHD
1107 CHERRY LN $424,900 3 2 2094 DETACHD
1428 GREENTREE CIR $425,000 4 2.1 2236 DETACHD
13855 VERTE CT $449,000 3 2.1 1835 DETACHD
1250 PINE ST $529,900 4 3 2856 DETACHD
13819 PROVINCIAL HILL DR $549,900 4 2.1 2096 DETACHD
27 BECKET ST $579,900 3 2 2715 DETACHD
4004 MELISSA DR $598,950 4 2.1 2839 DETACHD
720 MAPLE ST $719,000 3 2.1 3966 DETACHD
2855 SW UPPER DR $1,150,000 3 2 1749 DETACHD
17620 BLUE HERON RD $1,198,000 4 3.1 4041 DETACHD
16655 MAPLE CIR $1,269,000 3 2 2030 DETACHD
14733 UPLANDS DR $2,495,000 6 5.3 7088 DETACHD
17096 CHAPIN WAY 1395000 – 1495000 4 5 4395 DETACHD

PENDING SALES (Feb 23-Mar 1, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
368 CERVANTES CIR $119,999 2 1 882 CONDO 27
86 KINGSGATE RD #F 106 $142,000 2 2 840 CONDO 3
106 OSWEGO SMT $165,000 2 2 1140 CONDO 5
45 EAGLE CREST DR #308 $169,900 2 2 1046 CONDO 24
152 RIDGEWAY RD $234,900 2 1.1 1794 CONDO 3
18660 DON LEE WAY $274,900 3 1 946 DETACHD 206
38 WHEATHERSTONE $299,900 3 2.1 1692 ATTACHD 8
15364 TWIN FIR RD $349,900 3 2 1608 DETACHD 271
9 CONDOLEA DR $380,000 3 3 2198 CONDO 5
17617 ARBOR LN $390,000 3 2 1745 DETACHD 214
5926 DOVE CT $435,000 3 2 1807 DETACHD 2
18863 INDIAN SPRINGS RD $439,900 4 3 2001 DETACHD 3
16201 LAKE FOREST BLVD $444,900 3 2.1 1846 DETACHD 108
4733 FIRWOOD RD $474,900 4 3 2310 DETACHD 189
103 GARIBALDI ST $479,000 3 3.1 3322 DETACHD 1188
19 MONTICELLO DR $479,900 6 3 3678 DETACHD 27
2250 PARK RD $559,000 3 2 2041 DETACHD 3
4848 HASTINGS DR $575,000 3 2.1 2174 DETACHD 3
409 MIDDLECREST RD $599,000 3 3 2135 DETACHD 15
3285 CHILDS RD $599,900 4 3 2693 DETACHD 3
797 F AVE $700,000 3 2.1 2323 DETACHD 2
13643 MELROSE PL $799,900 4 4 4146 DETACHD 45
1136 WESTWARD HO RD $895,000 3 2.1 3344 DETACHD 324
568 9TH ST $925,000 3 3.1 2825 DETACHD 85
816 4TH ST $949,900 4 2.1 2699 DETACHD 9
2490 SUMMIT DR $2,200,000 4 2 3000 DETACHD 212

SOLD  (Feb 23-Mar 1, 2015)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
28 CRESTFIELD CT $145,000 $150,000 2 2 995 CONDO 3
5185 CARMAN DR $389,000 $325,000 3 1.1 1848 DETACHD 141
123 CONDOLEA DR $375,000 $335,000 3 3 2143 CONDO 153
5053 W SUNSET DR $375,000 $373,000 2 2.1 1720 ATTACHD 2
17251 GREENTREE AVE $414,950 $410,000 4 2.1 2728 DETACHD 45
4104 LAKEVIEW BLVD $439,000 $420,000 4 2 2252 DETACHD 66
143 KINGSGATE RD $450,000 $442,500 3 2 2618 DETACHD 131
14353 HOLLY SPRINGS RD $525,000 $525,000 4 3 2238 CONDO 129
4959 BILFORD LN $549,900 $549,900 3 2.1 2456 DETACHD 4
4729 FIRWOOD RD $599,900 $550,000 3 2.1 2594 DETACHD 87
5590 KILCHURN AVE $624,900 $570,900 4 2.1 2472 DETACHD 68
3877 TEMPEST DR $690,000 $695,000 4 2.1 3237 DETACHD 4
1051 COUNTRY COMMONS $849,000 $779,900 4 2.1 3582 DETACHD 224
2950 UPPER DR $795,000 $785,000 4 3.1 3373 DETACHD 64
3700 MARQUIS CT $924,850 $919,000 4 2.1 4251 DETACHD 69

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.