Author: Linda Rossi

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News & Notes

August 2012
Here are some Market Notes for You~

According to the RMLS Market Action Report for the Portland Metro Area August 2012, “All measures of real estate activity are positive when comparing August 2012 with August 2011″:

  • “At 2311, closed sales reached the highest level for a single month period in five years”
  • 2311 represents an increase of 28% in closed sales over August 2011.
  • The average sale price year-to-date ($271,100) rose 2.7% over the same period last year,
  • ***AND… Total time on the market has dropped by 20.3% from 146 to 117 days.

For my Property Blotter readers, the combined area of Lake Oswego and West Linn reported:

  • 685 Active Listings
  • 210 New Listings
  • 131 Pending Sales
  • 149 Closed Sales
  • An average Sale Price of $470,000.
  • Average Time on the Market: 109 Days
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Market Activity ~ Sept 3-9, 2012

Last week we ended with 16 New on the market, 14 Pending and 11 Sold.

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

NEWLY LISTED (Sept 3-9, 2012)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #85 $124,500 2 2 834 CONDO
45 EAGLE CREST DR #405 $169,900 2 1.1 1056 CONDO
234 GREENRIDGE DR $279,900 3 2 1492 ATTACHD
668 McVey #72 $279,900 3 1.1 1184 CONDO
232 GREENRIDGE DR $285,000 3 2 1492 ATTACHD
236 GREENRIDGE DR $289,900 3 2 1492 ATTACHD
454 5TH ST $315,000 2 1.1 1092 ATTACHD
959 SW LEE ST $395,500 3 2 2340 DETACHD
14353 HOLLY SPRINGS RD $399,999 5 3 2238 CONDO
4231 SUNSET DR $437,500 3 2 2852 DETACHD
530 BOCA RATAN DR $469,000 4 0.3 3368 DETACHD
10 SHERWOOD CT $535,000 4 3.1 3289 DETACHD
4972 HAMPTON CT $539,000 5 3.1 3780 DETACHD
2322 STONEHURST CT $599,000 4 2.1 3602 DETACHD
17255 BLUE HERON RD $1,125,000 3 2.1 2926 DETACHD
1217 LAKE FRONT RD $1,350,000 3 2.1 2628 DETACHD

PENDING SALES (Sept 3-9,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
92 CERVANTES CIR #11E $104,900 2 1.1 912 CONDO 15
4968 OAKRIDGE RD $185,000 3 1.1 1240 DETACHD 34
1127 CEDAR ST $229,500 2 1 1070 DETACHD 358
2167 WEMBLEY PARK RD $239,000 5 2 2680 DETACHD 6
5134 TREE ST $250,000 3 1.1 1405 DETACHD 2
16155 KIMBALL ST $289,000 3 1 1488 DETACHD 69
4582 TRILLIUM WOODS $369,900 3 2.1 1835 ATTACHD 136
14190 TAYLORS CREST LN $389,900 4 2.1 2577 DETACHD 20
17975 RIDGE LAKE DR $497,900 4 2.1 2727 DETACHD 15
361 BERWICK RD $679,000 4 3 2859 DETACHD 4
135 MIDDLECREST RD $699,900 3 2.1 2882 DETACHD 58
5680 LA MESA CT $719,900 4 3.1 3440 DETACHD 114
330 NORTHSHORE RD $749,000 4 3 3324 DETACHD 113
670 IRON MOUNTAIN BLVD $805,100 4 3.2 5421 DETACHD 186

SOLD (Sept 3-9,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #514 $199,000 $160,000 1 1.1 1046 CONDO 277
8 WHEATHERSTONE $229,950 $210,000 3 2.1 1692 ATTACHD 74
15703 Boones WAY $349,000 $322,000 3 2.1 2180 DETACHD 55
4522 TRILLIUM WOODS Lot24 $388,990 $369,900 3 2.1 1835 ATTACHD 123
12 MORNINGVIEW LN $420,000 $396,000 3 2.1 2683 ATTACHD 44
2376 FERNWOOD CIR $489,000 $441,500 4 2 2094 DETACHD 9
1837 CEDAR CT $499,900 $449,900 5 3 2840 DETACHD 547
491 COUNTRY CLUB RD $559,000 $460,000 3 2 2486 DETACHD 486
16018 PARKER RD $589,900 $465,675 5 3.2 3204 DETACHD 62
1176 TROON RD $784,900 $760,000 3 2 3022 DETACHD 6
5112 WOODCREST LN #7 East $661,245 $760,091 4 4.1 3340 DETACHD 0

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 ~ Sept 9, 2012

Happy “Open House Sunday” to you!
I’ll be at 979 Devon Lane fom 1 till 4PM. Stop by and say hello! We can relax on the veranda together : )

Address L/Price # Beds # Baths Total SF Style Open
4334 WOODSIDE CIR $269,900 3 2 1671 1STORY 1-3PM
4231 WOODSIDE CIR $289,500 3 2 1943 TOWNHSE 1:30-3:30PM
2593 GREENTREE RD $374,500 4 3 2211 TRI 11AM-1:30PM
979 DEVON LN $397,000 4 3.1 2162 CONTEMP 1-4PM
13899 MAJESTIC CT $405,000 3 2 2357 CONTEMP 2-4PM
29 PARTRIDGE LN $419,900 3 2.1 3109 2STORY 12-3PM
16439 LEXINGTON CT $449,000 2 2 1563 RANCH 1-4PM
323 3RD ST $465,000 3 3.1 1959 TOWNHSE 1-3PM
29 SPINOSA $489,000 3 2.2 3254 CONTEMP 1-4PM
84 BERWICK RD $549,000 5 3 3305 CONTEMP 2-5PM
15655 FIELDSTONE DR $589,500 4 2.1 2750 TRAD 12-2PM
14136 HEATHROW LN $599,000 4 2.1 2955 TRAD 1-3PM
5533 FIELDSTONE CT $599,500 4 2.1 3115 TRAD 12-2PM
18345 HEATHER ANN CT $649,900 4 2.1 3336 TRAD 1-3PM
2300 CHILDS RD $772,000 4 2 3183 FARMHSE 1-4PM
1209 LAKE GARDEN CT $799,000 5 2.1 3428 COLONIL 1-3PM
16805 SCOTT CT $889,000 3 3.1 4321 CUSTOM 1:30-3PM
17775 KELOK RD $949,500 4 2.1 2882 CONTEMP 1-3PM
18202 BELLA TERRA DR $1,039,500 4 3.1 3863 TRAD 2-4PM
1217 LAKE FRONT RD $1,350,000 3 2.1 2628 BUNGALO 1-3PM
112 NORTHSHORE CIR $1,625,000 4 3.1 3632 TRAD 11AM-4PM
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News & Notes

Hello from the Property Blotter!
Ok, here’s the news of the week….. It’s hot and sunny in Lake Oswego, and Dianne and I are busy selling real estate! : )
Just leaving you with an image of Lake Oswego Tomatoes for now, and encouraging you to enjoy your own harvests! Ours are overflowing here…. Tomato recipes are welcome in comments from our readers below!

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Market Activity ~ Aug 20-26, 2012

Last week we ended with 21 New on the market, 15 Pending and 21 Sold.

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

NEWLY LISTED (August 20-26, 2012)

Address List Price # Beds # Baths Total SF Prop Type
92 CERVANTES CIR #11-E $104,900 2 1.1 912 CONDO
11 CRESTFIELD CT $118,000 1 1 650 CONDO
364 CERVANTES CIR #14-D $119,000 2 1 832 CONDO
4765 FIRWOOD RD $300,000 3 2 1728 DETACHD
868 7TH ST $329,900 4 2 2270 DETACHD
4970 SUNTREE LN $350,000 3 2 1769 DETACHD
4263 HARVEY WAY $355,000 3 2 1640 DETACHD
2955 WEMBLEY PARK RD $399,000 3 2.1 2620 DETACHD
4909 MULHOLLAND DR $430,000 2 2.1 2403 ATTACHD
17975 RIDGE LAKE DR $497,900 4 2.1 2727 DETACHD
13548 STREAMSIDE DR $599,900 5 3 3336 DETACHD
16610 WOODSMAN CT $679,900 4 3 3664 DETACHD
543 2nd ST #204 $699,000 2 2 1816 CONDO
2099 SUMMIT DR $699,000 3 2.1 2250 DETACHD
588 9TH ST $795,000 4 2.1 2741 DETACHD
19371 SW RIVERWOOD LN $1,120,000 4 4.1 5048 DETACHD
1924 CHERYL CT $1,295,000 4 4.2 5204 DETACHD
688 IRON MOUNTAIN BLVD $1,297,000 4 4.1 4143 DETACHD
2890 GLEN EAGLES RD $1,495,000 4 3.1 4587 DETACHD
14733 UPLANDS DR $1,900,000 6 5.2 6788 DETACHD
1150 FAIRWAY RD $3,795,000 5 5.1 8724 DETACHD

PENDING SALES (August 20-26,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
6351 BURMA RD $87,500 2 1 2016 DETACHD 77
668 MCVEY AVE #43 $104,900 1 1 626 CONDO 34
5225 JEAN RD #504 $150,900 2 2 1100 CONDO 14
5225 JEAN RD #314 $159,900 3 2 1500 ATTACHD 19
3433 MC NARY #506 $168,900 2 2.1 1136 CONDO 34
5195 FIRWOOD RD $206,000 3 2 1886 DETACHD 111
2325 PARK RD $284,950 3 2 1863 DETACHD 0
15115 TWIN FIR RD $299,500 3 2 1392 DETACHD 48
4104 LAKEVIEW BLVD $300,000 4 2 2024 DETACHD 10
1113 ERICKSON ST $324,500 4 2 2203 DETACHD 7
15703 Boones WAY $349,000 3 2.1 2180 DETACHD 55
14710 DAVIS LN $349,999 2 2.1 1680 ATTACHD 87
70 TOUCHSTONE $395,000 3 3 3080 DETACHD 397
5476 SOUTHWOOD DR $769,900 4 3 3858 DETACHD 5
1205 CHANDLER RD $825,000 5 3.1 4275 DETACHD 112

SOLD (August 20-26,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3 OSWEGO SMT #3 $124,900 $85,000 2 2 1212 CONDO 325
121 LEONARD ST E $106,000 $105,000 1 1 830 CONDO 4
3924 CARMAN DR $145,000 $138,000 2 2.1 1140 ATTACHD 720
4057 JEFFERSON PKWY $169,000 $162,000 3 2.1 1249 ATTACHD 22
750 1ST ST #A9 $169,000 $166,500 2 2 1350 CONDO 9
4251 WOODSIDE CIR $324,900 $250,000 3 2 2032 ATTACHD 294
975 SOUTHSHORE BLVD $285,000 $285,000 3 2.1 2118 DETACHD 4
1286 ROCKINGHORSE LN $385,000 $289,000 3 2.1 1883 DETACHD 613
35 CHURCHILL DOWNS $395,000 $340,000 4 3 2271 DETACHD 17
4101 VIRGINIA WAY $499,000 $350,000 5 3.1 2752 DETACHD 689
1475 LABURNUM WAY $359,900 $359,900 3 2.1 1748 DETACHD 4
2794 VALE CT $438,000 $385,000 3 2.1 2970 DETACHD 87
13131 THOMA RD $450,000 $440,000 3 2 2600 DETACHD 12
4484 WESTBAY RD $575,000 $465,000 5 2.1 3400 DETACHD 116
13259 SANDALWOOD CT $524,900 $524,900 4 2.1 2919 DETACHD 10
4625 FIRWOOD RD $549,900 $540,000 4 3 4147 DETACHD 23
4301 UPPER DR $739,000 $697,000 4 3 3415 DETACHD 29
637 ENGLEWOOD DR $749,000 $734,000 6 3.1 3920 DETACHD 2
13219 DEERFIELD CT $799,900 $776,750 4 3.1 3915 DETACHD 50
2348 OSWEGO GLEN CT $949,900 $800,000 4 3.1 3848 DETACHD 104
777 NORTHSHORE RD $1,295,000 $1,190,000 3 2.1 3960 DETACHD 125

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 ~ Aug. 26, 2012

Enjoy a great tour Sunday with these 29 homes from which to choose, according to RMLS:

Address L/Price # Beds # Baths Total SF Style Open
1127 CEDAR ST $229,500 2 1 1070 COTTAGE 12:30-4PM
16758 GRAEF CIR $269,000 3 1 1295 COTTAGE 2:30-4:30PM
4334 WOODSIDE CIR $269,900 3 2 1671 1STORY 1-3PM
4231 WOODSIDE CIR $298,500 3 2 1943 2STORY,TOWNHSE 1-3PM
4263 HARVEY WAY $355,000 3 2 1640 TRAD 1-3PM
3554 TEMPEST DR $392,500 3 2.1 2241 SPLIT,CUSTOM 1-3PM
13899 MAJESTIC CT $405,000 3 2 2357 CONTEMP 1-3PM
16439 LEXINGTON CT $449,000 2 2 1563 RANCH,TRAD 1-4PM
15585 PARTRIDGE DR $449,950 4 2.1 2604 CAPECOD,2STORY 2-5PM
1642 HIGHLAND DR $459,000 4 3 2234 SPLIT 1-3PM
17802 TREETOP LN $529,000 4 3.1 3655 COLONIL 12-2PM
17357 OAK MEADOW LN $535,000 4 2.1 3274 TRAD 12:30-2PM
2823 GLEN HAVEN RD $538,000 4 2 3015 TRAD 2-4PM
16734 Mellon ST $548,500 4 2.1 2368 TRAD 2:30-4:30PM
17561 SHEPHERDS CT $550,000 4 2.1 3011 TRAD 1-4PM
16746 Mellon ST $567,900 3 2.1 2724 TRAD 2:30-4:30PM
4994 HARTFORD PL $569,000 5 2.1 3325 TRAD 12:30-3PM
15655 FIELDSTONE DR $589,500 3 2.1 2750 TRAD 12-1PM
5533 FIELDSTONE CT $599,500 4 2.1 3115 TRAD 12-2PM
12994 SIERRA VISTA DR $599,500 6 3.1 3824 TRAD 12-3PM
18096 PILKINGTON RD $625,000 3 2.1 3182 TRAD,CUSTOM 1-3PM
5193 DENTON DR $635,000 4 2.1 3076 TRAD 1-3PM
16633 WOODSMAN CT $749,900 4 4 4131 2STORY,CUSTOM 1-4PM
588 9TH ST $795,000 4 2.1 2741 BUNGALO,2STORY 1-4PM
16805 SCOTT CT $892,000 3 3.1 4321 CUSTOM 2-4PM
17775 KELOK RD $949,500 4 2.1 2882 CONTEMP 1-4PM
18202 BELLA TERRA DR $1,075,000 4 3.1 3863 TRAD 12-2PM
1924 CHERYL CT $1,295,000 4 4.2 5204 OTHER,TRAD 1-4PM
1677 LESLIE LN $1,799,999 4 6.1 7534 MEDIT 2-4PM
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News & Notes

JULY 2012
Here are some Market Notes for You~

According to the RMLS Market Action Report for July 2012 fo the Portland Metro Area “Every measure of real estate activity is positive when comparing July 2012 with July 2011″:

  • There were 23% more accepted offers,
  • There was an increase of 15.4% in closed sales ,
  • The Median Sales Price rose 7.8% over July last year, and 1.2% when comparing with June 2012
  • ***AND… This is the 4th month in a row that the Median Sales Price has risen.

The combined area of Lake Oswego and West Linn reported:

  • 662 Active Listings
  • 217 New Listings
  • 128 Pending Sales
  • 120 Closed Sales
  • An average Sale Price of $425,000.
  • Average Time on the Market: 126 Days (down by a full 10 days from last month!)
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Market Activity ~ Aug 6-12, 2012

Things are staying pretty steady. We ended with 18 New on the market, 16 Pending and 10 Sold last week.

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

NEWLY LISTED (August 6-12, 2012)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #10 $119,900 2 2 836 CONDO
5225 JEAN RD #504 $150,900 2 2 1100 CONDO
12808 BOONES FERRY RD $279,000 3 2.1 1174 CONDO
772 LAKE FOREST DR $355,000 2 1 888 DETACHD
18 ABELARD ST $387,500 4 2.1 2101 DETACHD
19163 TERRY AVE $409,000 4 2 2149 DETACHD
3220 Edgemont RD $519,900 4 3 2159 DETACHD
17022 CRESTVIEW DR $524,900 4 3 3168 DETACHD
12820 SW ALTO PARK RD $550,000 2 1 1132 DETACHD
775 F AVE $595,000 4 2.1 2700 DETACHD
5193 DENTON DR $635,000 4 2.1 3076 DETACHD
5423 DENTON DR $669,000 4 2.1 3428 DETACHD
12840 SW ALTO PARK RD $775,000 2 2.1 3632 DETACHD
1099 TROON RD $929,000 4 3.1 3938 DETACHD
1255 ANDREWS RD $995,000 6 4 4602 DETACHD
17547 CHERRY CT $1,160,000 3 2.2 4558 DETACHD
2180 PRESTWICK RD $1,200,000 3 1.1 2391 DETACHD
2058 SUMMIT DR $1,390,000 3 2.1 3137 DETACHD

PENDING SALES (August 6-12,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #153 $79,000 2 2 984 CONDO 7
73 GALEN ST #73 $111,000 2 2 995 CONDO 60
510 S STATE ST $126,900 1 1 829 CONDO 7
170 OSWEGO SMT $148,900 2 2 1506 CONDO 129
750 1ST ST #A9 $169,000 2 2 1350 CONDO 9
4968 OAKRIDGE RD $195,000 3 1.1 1240 DETACHD 8
17684 SCHALIT WAY $225,000 3 1.1 960 DETACHD 6
1041 HEMLOCK ST $319,000 4 3 2623 DETACHD 9
17200 ROBB PL $385,000 3 2.1 2206 DETACHD 4
4207 HARVEY WAY $389,500 4 2.1 2648 DETACHD 50
35 CHURCHILL DOWNS $395,000 4 3 2271 DETACHD 17
1903 EGAN WAY $425,000 2 2.1 2280 DETACHD 26
5250 ROYAL OAKS DR $449,900 4 2.1 2147 DETACHD 23
143 FURNACE ST $530,000 2 2.1 2170 CONDO 30
4147 CASEY CT $779,950 5 3.1 4145 DETACHD 41
13795 CAMEO CT $1,449,000 4 5.2 7190 DETACHD 259

SOLD (August 6-12,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
13990 SHIREVA CT $245,000 $180,000 3 2 1651 DETACHD 307
5206 ROYAL OAKS DR $424,900 $350,000 5 3.1 2801 DETACHD 318
352 4TH ST $388,000 $388,000 2 2.1 1731 ATTACHD 4
4 MOZARTEUM CT $424,900 $410,000 3 2.1 2417 DETACHD 10
2441 OVERLOOK DR $424,900 $415,000 4 3 3422 DETACHD 9
4672 AUBURN LN $439,900 $439,900 3 3.1 2732 ATTACHD 108
2152 WEMBLEY PL $499,000 $505,000 4 3 2854 DETACHD 3
2650 GLEN EAGLES RD $739,950 $650,000 3 4 3112 DETACHD 405
5765 VICTORIA CT $679,950 $690,000 5 3.1 3459 DETACHD 2
1901 CHERYL CT $1,165,000 $1,090,000 4 4.1 4872 DETACHD 12

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 12, 2012

Lots of Great Open Homes Sunday.
Here is the rundown according to RMLS ~ Enjoy!

Address L/Price # Beds # Baths Total SF Time
550 S STATE ST $147,000 2 1 920 3:30-5PM
17684 SCHALIT WAY $225,000 3 1.1 960 1-4PM
18444 TUALATA AVE $299,000 3 2 1192 1-3PM
14 POLONIUS ST $329,900 4 4 2828 1-3PM
5910 SHAKESPEARE ST $370,000 4 2.1 1663 1-3PM
1454 GLENMORRIE DR $425,000 4 2.1 3372 1-3PM
16439 LEXINGTON CT $449,000 2 2 1563 1-3PM
19044 OLSON AVE $449,000 4 4 3264 1-3PM
2823 GLEN HAVEN RD $538,000 4 2 3015 2-4PM
17802 TREETOP LN $539,000 4 3.1 3655 3-5PM
5616 GRAND OAKS DR $539,000 4 3 3096 1-3PM
16734 Mellon ST $548,500 4 2.1 2368 2:30-4PM
45 AQUINAS ST $564,900 3 2.1 2981 1-4PM
16746 Mellon ST $567,900 4 2.1 2724 2:30-4:30PM
15655 FIELDSTONE DR $589,500 3 2.1 2750 12-2PM
5533 FIELDSTONE CT $599,500 4 2.1 3115 12-2PM
18096 PILKINGTON RD $625,000 3 2.1 3182 1-3PM
5193 DENTON DR $635,000 4 2.1 3076 1-3PM
217 5TH ST $649,000 3 2.1 2097 1-3PM
17980 MEADOWLARK LN $689,000 3 2.1 3252 1-3PM
18977 BARTON RD $699,900 4 3.2 5076 11AM-2PM
1985 COUNTRY CLUB RD $699,999 5 4 3630 1:30-4PM
17787 KELOK RD $799,950 3 2 3085 12-2PM
1205 CHANDLER RD $885,000 5 3.1 4275 2-4PM
17775 KELOK RD $949,500 4 2.1 2882 1-4PM
16805 SCOTT CT $979,000 3 3.1 4321 2-4PM
18202 BELLA TERRA DR $1,075,000 4 3.1 3863 1:30-3:30PM
112 NORTHSHORE CIR $1,599,000 4 3.1 3632 11AM-4PM
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News & Notes

* Summertime Fun – Wondering what to do in Lake Oswego this summer?  CLICK HERE  for a “Summer Catalog”!

* Pre-Register for “After School” – Junior High is a time for our kids to spread their wings a little bit.  It also can be a time of testing newfound freedoms, and for parents to begin to look at things from a bit of a different perspective.  CLICK HERE for information on the After School program that offers junior high school kids lots of fun activities after school! Its a great way to meet new friends, learn and engage in familiar, and maybe some unfamiliar activies during that time in between school and dinner! Snacks, clubs, competitions and parties… sounds like fun!

* Farmers Market… Want to Participate? – Have you ever pondered bringing yourself and your particular passion to the fabulous Lake Oswego Farmer’s Marekt?  CLICK HERE  for more information on just what that might entail for YOU!

* Lake Oswego Review –  We have lots of out-of-state readers who look to us to keep them abreast of all things “Oswego” : )  For these readers, please also visit the local paper ONLINE to catch news snippets and to get a glimpse inside our beloved community.