We at the Property Blotter wish you a Very Sweet Valentines Day!
If you’re looking for something fun to do today IN Lake Oswego, check this out: CLICK HERE
Market Activity ~ Feb 2-8, 2015
Here comes the sun!
The market is pretty steady right now, and all reports are that the Buyers are out in force.
Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 22 move to Pending status, and 10 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Feb 2-8, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 1260 HALLINAN ST | $298,000 | 3 | 1.1 | 1325 | DETACHD |
| 5061 FOOTHILLS DR | $199,950 | 2 | 2 | 991 | CONDO |
| 0 Atherton | 950000 – 1187500 | 4 | 4 | 3415 | DETACHD |
| 14128 EDENBERRY DR | $749,900 | 4 | 2.1 | 3168 | DETACHD |
| 14034 TAYLORS CREST LN | $869,000 | 5 | 3.2 | 4007 | DETACHD |
| 320 CERVANTES CIR | $129,900 | 2 | 1 | 832 | CONDO |
| 4 TOUCHSTONE | $178,500 | 3 | 2.1 | 1351 | CONDO |
| 4 TOUCHSTONE | $160,000 | 3 | 2.1 | 1351 | CONDO |
| 2701 LAKEVIEW BLVD | $724,500 | 3 | 2.1 | 2289 | DETACHD |
| 2701 LAKEVIEW BLVD | $724,500 | 3 | 2.1 | 2264 | DETACHD |
| 368 CERVANTES CIR | $129,500 | 2 | 1 | 882 | CONDO |
| 17749 LEAFY LN | $579,900 | 2 | 3 | 3300 | DETACHD |
| 910 TERRACE DR | $1,200,000 | 4 | 2.1 | 3934 | DETACHD |
| 4070 VIRGINIA WAY | $747,500 | 3 | 2.1 | 3510 | DETACHD |
| 6310 ALYSSA TER | $465,000 | 4 | 2.1 | 2452 | DETACHD |
| 127 DEL PRADO ST | $459,000 | 4 | 3 | 2310 | DETACHD |
| 17617 ARBOR LN | $390,000 | 3 | 2 | 1745 | DETACHD |
| 18975 INDIAN SPRINGS RD | $437,900 | 4 | 2.1 | 1910 | DETACHD |
PENDING SALES (Feb 2-8, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 1539 LAKE FRONT RD | $1,200,000 | 4 | 3.1 | 3385 | DETACHD | 119 |
| 15365 TWIN FIR RD | $449,000 | 3 | 1 | 1201 | DETACHD | 198 |
| 13286 GOODALL RD | $1,750,000 | 5 | 5.3 | 6819 | DETACHD | 142 |
| 49 BRIARWOOD RD | $950,000 | 3 | 2 | 2412 | DETACHD | 67 |
| 18414 OLD RIVER LNDG | $1,795,000 | 4 | 4.2 | 6498 | DETACHD | 553 |
| 15885 WHITE OAKS DR | $625,000 | 4 | 2.1 | 2802 | DETACHD | 55 |
| 1401 GREENTREE CIR | $419,000 | 3 | 2 | 1800 | DETACHD | 165 |
| 834 6TH ST | $459,000 | 2 | 1 | 1062 | DETACHD | 94 |
| 1653 DEVON LN | $485,000 | 4 | 3 | 3181 | DETACHD | 153 |
| 18224 BELLA TERRA DR | $1,175,000 | 4 | 3.1 | 4050 | DETACHD | 210 |
| 1033 Spruce ST | $499,500 | 2 | 2.1 | 1562 | DETACHD | 28 |
| 4504 WILDWOOD ST | $399,900 | 3 | 2 | 1655 | DETACHD | 0 |
| 43 CONDOLEA CT | $365,000 | 2 | 2.1 | 2157 | CONDO | 12 |
| 808 ELLIS AVE | $514,900 | 3 | 2.1 | 2108 | DETACHD | 28 |
| 13024 ROGERS RD | $769,000 | 4 | 3.1 | 3333 | DETACHD | 0 |
| 1015 SOUTHSHORE BLVD | $629,000 | 4 | 3 | 3882 | DETACHD | 3 |
| 5487 TUALATA CT | $339,455 | 3 | 2 | 1200 | DETACHD | 1 |
| 751 BRIERCLIFF LN | $528,950 | 4 | 3 | 2534 | DETACHD | 32 |
| 17171 LOWENBERG TER | $739,000 | 4 | 2.1 | 3002 | DETACHD | 118 |
| 121 LEONARD ST #C | $185,000 | 2 | 2 | 1118 | CONDO | 131 |
| 2286 WEMBLEY PARK RD | $699,000 | 3 | 3 | 2000 | DETACHD | 65 |
| 4104 LAKEVIEW BLVD | $429,000 | 4 | 2 | 2252 | DETACHD | 66 |
SOLD (Feb 2-8, 2015)
| Address | Open Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR #40 | $89,500 | $85,000 | 1 | 1 | 696 | CONDO | 51 |
| 4077 JEFFERSON PKWY | $234,500 | $234,500 | 2 | 2.1 | 1462 | CONDO | 24 |
| 6101 HARRINGTON AVE | $359,000 | $361,500 | 3 | 2.1 | 1400 | DETACHD | 62 |
| 2751 SUMMIT DR | $648,950 | $655,000 | 3 | 2 | 2418 | DETACHD | 145 |
| 19211 TERRY AVE | $370,000 | $370,000 | 4 | 2 | 1872 | DETACHD | 41 |
| 4080 COLTSFOOT LN | $525,000 | $525,000 | 4 | 2.1 | 2884 | DETACHD | 0 |
| 18177 DELENKA LN | $830,000 | $787,500 | 5 | 2.2 | 3802 | DETACHD | 131 |
| 1075 OAK TER | $340,000 | $350,000 | 3 | 2 | 1356 | DETACHD | 29 |
| 616 4TH ST | $1,049,000 | $1,049,000 | 4 | 2.1 | 3034 | DETACHD | 0 |
| 3554 TEMPEST DR | $449,007 | $454,000 | 3 | 2.1 | 2279 | DETACHD | 4 |
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.
News & Notes
The latest real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are in. It shouldn’t come as a surprise that numbers are up for 2014. December saw some customary slowing from November, but overall, the year’s totals look pretty darned good.
According to the RMLS Market Action Report for the Portland Metro Area, December, 2014:
- At 2,239, December Closed Sales rose 15.6% over the month prior, and were up a full 25.6% from December of 2013’s 1,782.
- December Pending Sales (accepted offers), at 1,667, were down quite a bit…20.3% from the month prior (which is somewhat understandable during the holidays). That said, the Pending sales are up a full 12.3% over December 2013‘s 1,484.
- There were 1,540 New Listings in December which was 19.9% down from November, but up 15.5% from December of 2013’s 1,333.
- The Average Sale Price in December of $331,600 was down $4,400 from the month prior. The year 2014 finished with an Average Sale Price of $333,000, which is up 7.2% over 2013‘s finishing number which was $310,600.
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The combined areas of Lake Oswego and West Linn for the month of December 2014 reported:
- 348 Active Listings
- 79 New Listings
- 81 Pending Sales (up 6.6% over December 2013)
- 117 Closed Sales
- An Average Sale Price for December of $512,500.
- Average Sale Price for Year to Date (so…2014) of $527,500. (up 9.5% over 12 month rolling average in 2013)
- Average Time on the Market: 105 Days
Market Activity ~ Jan 12-18, 2015
Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 13 move to Pending status, and 9 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Jan 12-18, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 2707 SOUTHSHORE BLVD | $1,485,000 | 3 | 3.1 | 3122 | DETACHD |
| 1059 BAYBERRY RD | $1,399,950 | 4 | 3.1 | 3456 | DETACHD |
| 1422 ASH ST | $337,500 | 4 | 3 | 2583 | DETACHD |
| 48 SPINOSA | $462,500 | 3 | 2.1 | 2848 | DETACHD |
| 2762 VALE CT | $630,000 | 4 | 3 | 2709 | DETACHD |
| 3877 TEMPEST DR | $690,000 | 4 | 2.1 | 3237 | DETACHD |
| 507 ASH ST | $980,000 | 2 | 3.1 | 3000 | DETACHD |
| 16200 PACIFIC HWY #21 | $269,000 | 2 | 2 | 1190 | CONDO |
| 16200 Pacific Hwy #24 | $269,000 | 2 | 2 | 1190 | CONDO |
| 19415 SYCAMORE AVE | $549,900 | 4 | 2 | 1584 | DETACHD |
| 5695 WASHINGTON CT | $349,900 | 3 | 2 | 1769 | DETACHD |
| 4261 COBB WAY | $595,000 | 3 | 3 | 2362 | DETACHD |
| 1 SW CRESTFIELD CT LWR | $95,000 | 1 | 1 | 689 | CONDO |
| 18418 OLD RIVER LNDG | $1,895,000 | 4 | 3.2 | 5204 | DETACHD |
| 1034 CEDAR ST | $799,500 | 4 | 3.1 | 2895 | DETACHD |
| 48 EAGLE CREST DR #1A | $250,000 | 3 | 2.2 | 1550 | CONDO |
| 321 5TH ST | $799,000 | 4 | 3.1 | 2800 | DETACHD |
| 12448 ORCHARD HILL RD | $650,000 | 4 | 3 | 3336 | DETACHD |
PENDING SALES (Jan 12-18, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4636 AUBURN LN | $485,000 | 3 | 3.1 | 2732 | ATTACHD | 118 |
| 4080 COLTSFOOT LN | $525,000 | 4 | 2.1 | 2884 | DETACHD | 0 |
| 526 S STATE ST | $167,500 | 2 | 1 | 914 | CONDO | 92 |
| 4630 WILDWOOD ST | $464,900 | 3 | 2 | 2067 | DETACHD | 83 |
| 15885 WHITE OAKS DR | $625,000 | 4 | 2.1 | 2802 | DETACHD | 36 |
| 2 PIMLICO TER | $500,000 | 4 | 2.1 | 2301 | DETACHD | 83 |
| 568 9TH ST | $925,000 | 3 | 3.1 | 2825 | DETACHD | 43 |
| 47 ORIOLE LN | $385,000 | 3 | 2.1 | 1958 | DETACHD | 123 |
| 12830 ALTO PARK RD | $939,000 | 4 | 3.1 | 3478 | DETACHD | 330 |
| 1460 GREENTREE CIR | $399,900 | 3 | 2 | 1791 | DETACHD | 3 |
| 1008 SPRUCE ST | $535,000 | 3 | 2.1 | 1765 | DETACHD | 6 |
| 123 CONDOLEA DR | $375,000 | 3 | 3 | 2143 | CONDO | 153 |
| 324 4TH ST | $450,000 | 2 | 2.1 | 1731 | ATTACHD | 4 |
SOLD (Jan 12-18, 2015)
| Address | Open Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM | |||||
| 1228 OAK ST | $399,950 | $402,000 | 3 | 2 | 1603 | DETACHD | 4 | |||||
| 18951 INDIAN SPRINGS CIR | $449,900 | $465,000 | 5 | 3 | 2865 | DETACHD | 3 | |||||
| 18650 TUALATA AVE | $700,000 | $735,000 | 4 | 4 | 3196 | DETACHD | 261 | |||||
| 86 KINGSGATE RD #G203 | $144,900 | $132,000 | 2 | 2 | 849 | CONDO | 77 | |||||
| 179 FURNACE ST | $1,698,000 | $1,590,000 | 3 | 3.1 | 4784 | CONDO | 47 | |||||
| 16250 PACIFIC HWY #76 | $345,000 | $180,000 | 3 | 2 | 1767 | CONDO | 122 | |||||
| 754 5TH ST | $770,000 | $755,000 | 3 | 3 | 2179 | DETACHD | 91 | |||||
| 86 KINGSGATE RD #H102 | $136,900 | $127,500 | 2 | 2 | 849 | CONDO | 29 | |||||
| 706 5TH ST | $300,000 | $417,500 | 4 | 2 | 1824 | DETACHD | 16 |
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.
Merry Christmas ~ Happy Holidays from the Blotter!
No matter what holiday you celebrate at this time of year, we (Dianne, Linda & Whitney : ) wish you a home full of Peace, a heart full of Love, and those you hold dear to be near. 
Market Activity ~ Dec 15-21, 2014
Yes, real estate is happening : )
Here is your Latest Market Data: Last week in Lake Oswego we saw 5 New properties enter the market, 9 move to Pending status, and 13 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Dec 15-21, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 490 BOCA RATAN DR | $519,000 | 3 | 2 | 2023 | DETACHD |
| 6459 FROST ST | $529,000 | 4 | 2.1 | 2627 | DETACHD |
| 3433 MCNARY PKWY #203 | $150,000 | 2 | 1.1 | 1008 | CONDO |
| 3009 WEMBLEY PARK RD | $598,500 | 4 | 2.1 | 1704 | DETACHD |
| Highlands LOOP | $2,195,000 | 4 | 4.1 | 5579 | DETACHD |
PENDING SALES (Dec 15-21, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 3986 CARMAN DR | $204,900 | 2 | 2.1 | 1107 | CONDO | 58 |
| 3100 WESTVIEW CT | $929,000 | 4 | 3.1 | 3750 | DETACHD | 17 |
| 18375 RIVER EDGE LN | $897,950 | 4 | 2.1 | 3400 | DETACHD | 27 |
| 17138 CEDAR RD | $1,495,000 | 3 | 3.1 | 3017 | DETACHD | 89 |
| 2131 WEMBLEY PARK RD | $539,000 | 4 | 2.1 | 3228 | DETACHD | 188 |
| 12810 ALTO PARK RD | $964,000 | 5 | 3.1 | 3834 | DETACHD | 97 |
| 820 FAIRWAY RD | $1,189,000 | 4 | 3.1 | 3758 | DETACHD | 331 |
| 555 COUNTRY CLUB RD | $625,000 | 3 | 3 | 2133 | DETACHD | 159 |
| 169 OSWEGO SMT #169 | $100,280 | 2 | 2 | 1330 | CONDO | 63 |
SOLD (Dec 15-21, 2014)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 17547 CHERRY CT | $1,225,000 | $978,850 | 4 | 3.1 | 3737 | DETACHD | 337 |
| 19354 LORNA LN | $950,000 | $1,049,888 | 5 | 3.1 | 4169 | DETACHD | 403 |
| 16987 ALDER CIR | $395,950 | $400,000 | 3 | 2 | 1713 | DETACHD | 4 |
| 16990 LOWER MEADOWS DR | $369,900 | $374,900 | 3 | 2.1 | 2000 | DETACHD | 2 |
| 37 CHURCHILL DOWNS | $470,000 | $475,000 | 3 | 2.1 | 2372 | DETACHD | 4 |
| 4724 FIRWOOD RD | $329,000 | $325,000 | 3 | 1.1 | 1240 | DETACHD | 5 |
| 21 SUMMIT RIDGE CT | $339,000 | $332,000 | 2 | 2.1 | 1654 | ATTACHD | 16 |
| 200 BURNHAM RD #211 | $385,000 | $317,000 | 3 | 2 | 1862 | CONDO | 85 |
| 2341 STONEHURST CT | $659,000 | $659,000 | 4 | 2.1 | 3389 | DETACHD | 2 |
| 1531 BOCA RATAN DR | $289,000 | $277,000 | 3 | 2 | 1755 | ATTACHD | 57 |
| 804 2ND ST | $505,000 | $400,000 | 4 | 3 | 2224 | ATTACHD | 50 |
| 17619 Potters RD | $575,000 | $575,000 | 4 | 2.1 | 2665 | DETACHD | 9 |
| 2612 RIVENDELL RD | $799,000 | $730,000 | 4 | 3 | 3168 | DETACHD | 93 |
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.
Giving
We’re all focusing on the holidays right now and all that goes along with that, so I thought it might be a good idea to take a look at things we might be wanting to include on our to-do lists & consider taking care of before the end of the year. Namely…Giving! This is the Celebrating & Giving time of year, and, many want to think ahead about tax time as well. If you’re going to give anyway…. this is definitely the time to do it!
Here are some worthy ideas for your consideration:
- In the community of Lake Oswego, there are many organizations doing fantastic work. Click Here for information on a variety of Lake Oswego-based non-profits that could use your help.
- Here’s a great resource site to help yopu evaluate the most worthy recipients of your donations based on their research: The Portland “Give Guide”
- One of the things that sets Lake Oswego apart is its committment to the arts, and the availability and visibility of art all through the year and on its very streets. If art is important to you, consider donating to the Arts Council.
- Speaking of giving, I know from my days in a Lake Oswego Schools Booster Club, that every community has needy families. Some of your kids’ friends may very well have parents who’ve lost a job, or are in some sort of upheaval and wondering how they’re going to be able to pay their bills let alone create a semi normal-feeling holiday for their household . Your favorite local school probably has names of families in need. Give a call to the school of your choice and think about donating a holiday roast or turkey, or just dropping off a few gifts. The school counselor usually knows just what to do with this kind of generosity, and you’ll know you really made a difference for some needy family in your own neighborhood.
- If animals are near and dear to your heart, there are lots of options for donating. The Oregon Humane Society is an obvious choice, and/but some smaller outfits that take up the slack and don’t have quite the visibility of the OHS would be heart-warmed to receive your donation. One that is recommended to me by someone in the know is the Family Dogs New Life Shelter. It is a no-kill shelter that does excellent work.
- Lake Oswego’s Tryon Creek is such a treasure to the community. If nature and its continued availability in communities, and specifically Lake Oswego, is important to you, consider donating to Friends of Tryon Creek.
There are so many great choices, I thought I’d highlight just a few and give you some links to resources that offer many options. Enjoy your holidays, and the Joys that come with the season!
Market Activity ~ Nov 24-30, 2014
Greetings, Property Blotter readers! OK, I will go out on a limb and say that things are slowing down a bit. I call this the Holiday Black Hole : ) I do business this time of year every year because people either Buy or Sell for so many reasons… most not having to do with the weather… and time of year often plays into the desire to accomplish something (by moving) at or around the time of the turn of the year. Anyway, I decided that for myself a long time ago, and so it is ; ) But most people take their minds off real estate at this time of year and put them on family, friends, and the things that really matter in Life… some of us just have “dual duty” in helping to make changes that house the family and friends that we Love, while decorating and toasting with Loved ones all at once! …and that’s plenty of fun too.
Here is your Latest Market Data: Last week in Lake Oswego we saw 9 New properties enter the market, 10 move to Pending status, and 8 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Nov 24-30, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 5275 OAKRIDGE RD | $349,900 | 3 | 1 | 1267 | DETACHD |
| 5590 KILCHURN AVE | $624,900 | 4 | 2.1 | 2472 | DETACHD |
| 13070 BOONES FERRY RD | $549,000 | 3 | 1 | 1864 | DETACHD |
| 910 FAIRWAY RD | $1,098,000 | 4 | 3.1 | 3384 | DETACHD |
| 34 DEL PRADO ST | $569,950 | 4 | 3 | 3120 | DETACHD |
| 1075 OAK TER | $355,000 | 3 | 2 | 1356 | DETACHD |
| 66 GALEN ST (Upper) | $109,500 | 1 | 1 | 689 | CONDO |
| 2234 FERNWOOD CIR | $545,000 | 4 | 3 | 2975 | DETACHD |
| 2109 WEMBLEY PARK RD | $819,000 | 5 | 3 | 3154 | DETACHD |
PENDING SALES (Nov 24-30, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 18951 INDIAN SPRINGS CIR | $449,900 | 5 | 3 | 2865 | DETACHD | 3 |
| 1744 FERN PL | $599,000 | 4 | 2.1 | 2110 | DETACHD | 10 |
| 59 GALEN ST (Lower) | $94,900 | 1 | 1 | 550 | CONDO | 22 |
| 831 4TH ST | $525,000 | 3 | 1.1 | 2240 | DETACHD | 20 |
| 100 KERR PKWY #11 | $95,000 | 1 | 1 | 617 | CONDO | 282 |
| 19211 TERRY AVE | $370,000 | 4 | 2 | 1872 | DETACHD | 9 |
| 5048 TREE ST | $310,000 | 3 | 1.1 | 1232 | DETACHD | 7 |
| 12819 ALTO PARK RD | $1,038,500 | 4 | 4.1 | 3944 | DETACHD | 8 |
| 1045 BULLOCK ST | $568,000 | 3 | 2.1 | 2105 | DETACHD | 11 |
| 5726 CHARLES CIR | $696,500 | 4 | 3.1 | 3173 | DETACHD | 104 |
SOLD (Nov 24-30, 2014)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 3061 DORIS CT | $449,000.0 | $420,000.0 | 5 | 2 | 2684 | DETACHD | 68 |
| 87 OSWEGO SMT (Lower) | $119,000.0 | $79,000.0 | 2 | 1.1 | 1116 | CONDO | 125 |
| 16342 IVY LN | $699,900.0 | $645,000.0 | 5 | 3.1 | 4645 | DETACHD | 57 |
| 137 KINGSGATE RD | $446,000.0 | $449,000.0 | 3 | 2.1 | 2372 | DETACHD | 2 |
| 13327 ATWATER LN | $895,000.0 | $840,000.0 | 3 | 2 | 3004 | DETACHD | 220 |
| 6243 SW DAWN ST | $314,000.0 | $302,500.0 | 3 | 1.1 | 1254 | DETACHD | 89 |
| 4 TOUCHSTONE #110 | $149,000.0 | $145,000.0 | 2 | 2 | 989 | CONDO | 85 |
| 18936 BRYANT RD | $749,900.0 | $670,000.0 | 4 | 4 | 4100 | DETACHD | 189 |
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.
News & Notes
Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) numbers:
The latest real estate numbers in Portland and the Lake Oswego/West Linn areas are in. Things have taken an uptick in October for the Portland area. This was the strongest October for Closed Sales since 2006!
According to the RMLS Market Action Report for the Portland Metro Area October, 2014:
- At 2,487, October Closed Sales rose 4.6% over the month prior, September, and were up a full 13.6% from October of 2013’s 2,189 .
- There were 2,881 New Listings in October which was 7.1% down from September, but rose 13.6% from October 2013.
- The Average Sale Price in October of $335,600 was down $2,500 from the month prior. The first ten months of 2014 are logging an Average Sale Price of $333,200, which is up 7.4% over the same time period in 2013.
- October Pending Sales (accepted offers), at 2,480, were down 2.8% from the month prior. That said, the Pending sales for October are up a full 16.7% over October 2013.
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In Lake Oswego and West Lin steady activity is Good with Closed Sales down by 10 and/but Pending Sales up by 6. Average Sale Price was up $11,200 from September. (There is a very wide range of prices in Lake Oswego among a relatively smaller number of homes for sale as compared to the larger Portland area, so this is not unusual.)
The combined areas of Lake Oswego and West Linn for October reported:
- 475 Active Listings (Sept was 501)
- 166 New Listings (Sept was 177)
- 136 Pending Sales (Sept was 130)
- 130 Closed Sales (Sept was 140)
- An Average Sale Price of $547,800. (Sept was $536,600)
- Average Time on the Market: 81 Days (Sept was 100)
Market Activity ~ Nov 3-9, 2014
Greetings, Property Blotter readers! Well, we’ve definitely got a chill in the air, and leaves are turning & flying away in the breeze. Buyers are out there looking and buying houses as well!
Here is your Latest Market Data: Last week in Lake Oswego we saw 24 New properties enter the market, 26 move to Pending status, and 10 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Nov 3-9, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 59 GALEN ST | $94,900 | 1 | 1 | 550 | CONDO |
| 4636 LOWER DR #B-1 | $128,000 | 2 | 1.1 | 1170 | CONDO |
| 86 KINGSGATE RD #C-203 | $139,500 | 2 | 2 | 924 | CONDO |
| 47 EAGLE CREST DR #59 | $140,000 | 2 | 2 | 1024 | CONDO |
| 336 CERVANTES CIR | $149,900 | 2 | 1.1 | 1112 | CONDO |
| 76 GALEN RD #76 | $175,000 | 2 | 2 | 989 | CONDO |
| 62 GREENRIDGE CT | $260,000 | 3 | 2 | 1596 | ATTACHD |
| 113 TOUCHSTONE TER | $293,000 | 3 | 2.1 | 2104 | ATTACHD |
| 3 CONDOLEA DR | $325,000 | 3 | 3 | 2198 | CONDO |
| 4724 FIRWOOD RD | $329,000 | 3 | 1.1 | 1240 | DETACHD |
| 1437 OAK ST | $349,000 | 3 | 1 | 1070 | DETACHD |
| 17520 REDFERN AVE | $350,000 | 3 | 2 | 1776 | DETACHD |
| 564 2ND ST | $399,000 | 2 | 2.1 | 1394 | ATTACHD |
| 4146 LAKEVIEW BLVD | $400,000 | 5 | 1.1 | 2056 | DETACHD |
| 3402 LAKE GROVE AVE | $420,000 | 3 | 2 | 1686 | DETACHD |
| 5978 FERNBROOK CIR | $449,900 | 4 | 2.1 | 1612 | DETACHD |
| 533 2ND ST | $465,000 | 2 | 2 | 1274 | CONDO |
| 37 CHURCHILL DOWNS | $470,000 | 3 | 2.1 | 2372 | DETACHD |
| 5189 TUALATA LN | $475,000 | 3 | 2 | 2422 | DETACHD |
| 834 6TH ST | $525,000 | 2 | 1 | 1062 | DETACHD |
| 18728 BRYANT RD | $576,355 | 3 | 2.1 | 2736 | DETACHD |
| 4729 FIRWOOD RD | $599,900 | 3 | 2.1 | 2594 | DETACHD |
| 17680 WOODHURST PL | $1,095,000 | 5 | 3.1 | 5478 | DETACHD |
| 179 FURNACE ST | $1,698,000 | 3 | 3.1 | 4784 | CONDO |
PENDING SALES (Nov 3-9, 2014)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 87 OSWEGO SMT | $79,000 | 2 | 1.1 | 1116 | CONDO | 125 |
| 272 CERVANTES | $129,900 | 3 | 2 | 1209 | CONDO | 234 |
| 44 EAGLE CREST DR #11 | $134,000 | 3 | 2 | 1085 | CONDO | 23 |
| 246 RIDGEWAY RD #17B | $160,000 | 1 | 1 | 753 | CONDO | 16 |
| 16250 PACIFIC HWY #76 | $200,000 | 3 | 2 | 1801 | CONDO | 122 |
| 200 BURNHAM RD #105 | $229,900 | 1 | 1 | 858 | CONDO | 42 |
| 5057 FOOTHILLS DR #H | $267,500 | 2 | 2 | 1252 | CONDO | 4 |
| 1531 BOCA RATAN DR | $289,000 | 3 | 2 | 1755 | ATTACHD | 57 |
| 468 5TH ST #13 | $310,000 | 2 | 1.1 | 1092 | CONDO | 221 |
| 7 PEACOCK PL | $329,900 | 3 | 2.1 | 1400 | DETACHD | 19 |
| 1305 CORNELL ST | $349,000 | 3 | 2 | 2692 | DETACHD | 93 |
| 1453 GREENTREE CIR | $350,000 | 3 | 2 | 1762 | DETACHD | 3 |
| 16990 LOWER MEADOWS DR | $369,900 | 3 | 2.1 | 2000 | DETACHD | 2 |
| 528 2ND ST | $439,500 | 2 | 2.1 | 1703 | ATTACHD | 16 |
| 5747 VICTORIA CT | $549,000 | 4 | 2.1 | 2432 | DETACHD | 112 |
| 17619 Potters RD | $575,000 | 4 | 2.1 | 2665 | DETACHD | 9 |
| 5830 SUNBROOK DR | $575,000 | 4 | 2.1 | 2810 | DETACHD | 26 |
| 17821 HILLSIDE WAY | $589,000 | 4 | 3.1 | 3442 | DETACHD | 29 |
| 5674 CHARLES CIR | $639,000 | 4 | 2.1 | 2679 | DETACHD | 138 |
| 13983 WESTCOTT CT | $649,900 | 4 | 2.1 | 2792 | DETACHD | 7 |
| 2341 STONEHURST CT | $659,000 | 4 | 2.1 | 3389 | DETACHD | 2 |
| 2612 RIVENDELL RD | $775,000 | 4 | 3 | 3168 | DETACHD | 93 |
| 13327 ATWATER LN | $895,000 | 3 | 2 | 3004 | DETACHD | 220 |
| 17390 GRANDVIEW CT | $915,000 | 4 | 4.2 | 4516 | DETACHD | 506 |
| 63 NANSEN SMT | $919,900 | 4 | 3.1 | 3202 | DETACHD | 65 |
| 14122 GOODALL RD | $969,000 | 5 | 4.1 | 4530 | DETACHD | 331 |
SOLD (Nov 3-9, 2014)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 5058 FOOTHILLS DR | $239,900 | $227,000 | 2 | 2 | 1252 | CONDO | 6 |
| 6262 WAYZATA CT | $328,950 | $352,000 | 3 | 1.1 | 1276 | DETACHD | 15 |
| 4242 COBB WAY | $449,800 | $388,000 | 3 | 2 | 1589 | DETACHD | 38 |
| 18840 RIVENDELL CT | $499,000 | $439,000 | 4 | 3 | 3060 | DETACHD | 72 |
| 3718 LAKE GROVE AVE | $489,000 | $452,000 | 4 | 3 | 2523 | DETACHD | 115 |
| 5440 BAY CREEK DR | $545,000 | $520,000 | 3 | 2.1 | 2442 | DETACHD | 74 |
| 24 MORNINGVIEW CIR | $535,000 | $520,000 | 4 | 3.1 | 2817 | DETACHD | 13 |
| 2584 Park RD | $559,000 | $525,000 | 4 | 2 | 2302 | DETACHD | 110 |
| 2031 LILLI LN | $779,995 | $770,000 | 3 | 3.1 | 3418 | DETACHD | 14 |
| 19463 LORNA LN | $899,500 | $899,500 | 4 | 3.1 | 4055 | DETACHD | 429 |
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.