Author: Linda Rossi

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News & Notes

Here are some Market Notes for You~

According to the just-released RMLS Market Action Report for December 2011, the combined area of Lake Oswego and West Linn  reported:

  • 601 Active Listings
  • 103 New Listings
  • 84 Pending Sales
  • 104 Closed Sales
  • An average Sale Price of $456,200.
  • Average Time on the Market: 166 Days

Also:

  • For the Year, Average Sales Price for the Portland Metro area overall fell 6.7% as compared to 2010
  • For December 2011 as compared to 2010, Closed Sales increased by 10.3%
  • and Pending Sales increased by 19.3%,
  • but there were 11.7% fewer Newly Listed residential properties

 

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Market Activity ~ Jan 9 – 15, 2012

There were 8 New properties entering the market, 8 in Pending status, and 7 marked as Sold during the last week according to RMLS.
See below for further details:

PENDING SALES (Jan 9-15, 2012)

Address List Price # Beds # Baths Total SF Prop Type
3930 LAKE GROVE AVE C1 $99,900 2 1 952 ATTACHD
12844 SW BOONES FERRY RD $175,000 2 2.1 1152 ATTACHD
5347 RED LEAF ST $249,900 3 2 1456 DETACHD
875 PALISADES TERRACE DR $349,000 4 3 2165 DETACHD
919 CUMBERLAND RD $425,000 4 3 2828 DETACHD
4434 LAKEVIEW BLVD $575,000 3 3 2620 DETACHD
17787 KELOK RD $895,000 4 2 3085 DETACHD
16805 SCOTT CT $949,000 4 3.1 4321 DETACHD


PENDING (Jan 9-15, 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16211 INVERURIE RD $196,100 4 2.1 1819 DETACHD 84
4760 LOWER DR $229,900 3 3 2324 DETACHD 148
705 ELLIS AVE $269,900 3 2.1 1872 DETACHD 7
207 HIDALGO ST $339,000 4 2.1 2604 DETACHD 94
525 2ND ST $385,000 2 2 1120 CONDO 247
4725 CAMBRIDGE CT $425,000 2 2.1 3056 ATTACHD 137
5148 Woodcrest LN Lot 4 $639,900 5 4 3110 DETACHD
3926 EDENS EDGE DR $899,900 5 3.2 4585 DETACHD 2


SOLD (Jan 9-15, 2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
200 BURNHAM RD $93,500 $82,000 1 1 959 CONDO 64
16774 GRAEF CIR $189,900 $170,000 2 1.1 1168 DETACHD 3
655 7TH ST $375,000 $320,000 3 1.1 1558 DETACHD 109
227 4TH ST $347,500 $342,700 4 2 2352 DETACHD 8
52 CONDOLEA CT $485,000 $478,000 2 2.1 2958 CONDO 60
19345 Riverwood LN 5 West $605,900 $638,324 4 3.1 3367 DETACHD 0
1592 VIEW LAKE CT $1,195,000 $699,000 3 3 2889 DETACHD 647

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 ~ Jan. 15, 2012

Check out this nice assortment of detached Homes & Townhomes being held Open in Lake Oswego Sunday!

Address L/Price # Beds # Baths Total SF Prop Type Time
1400 BONNIEBRAE DR $150,000 2 1 864 TOWNHSE 1-3PM
18609 KRISTI WAY $219,000 4 1 1400 DETACHD 1-4PM
7 BRITTEN CT $235,000 4 2 2046 TOWNHSE 1-3PM
16212 LAKE FOREST BLVD $239,000 3 2 1267 DETACHD 1-3PM
21 BRITTEN CT $299,000 3 2.1 1972 TOWNHSE 12-2PM
4251 WOODSIDE CIR $304,900 3 2 2032 TOWNHSE 12-2PM
18630 Kristi WAY $314,900 3 2 1725 DETACHD 2-4PM
4793 AUBURN LN $377,900 3 2.1 2083 TOWNHSE 1-3M
5542 DUNMIRE DR $529,900 4 2.1 3204 DETACHD 11-4PM
5515 DUNMIRE DR $536,900 4 3 3287 DETACHD 11-4PM
5595 LUCE LN $579,900 4 3 3613 DETACHD 11-4PM
15633 FIELDSTONE DR $618,950 4 2.1 3047 DETACHD 12-2PM
5533 FIELDSTONE CT $628,950 4 2.1 3115 DETACHD 12-2PM
850 SCHUKART LN $699,000 4 3 4378 DETACHD 1:30-4PM
568 9TH ST $799,900 3 3.1 2825 DETACHD 12-3PM
582 9TH ST $799,900 3 3.1 2841 DETACHD 12-3PM
755 6TH ST $825,000 4 3.1 3973 DETACHD 12-3PM
18024 SKYLAND CIR $1,299,000 4 3.2 4131 DETACHD 1-3PM
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Market Activity ~ Dec 26, 2011 – Jan 1, 2012

Well….. According to RMLS, there were ZERO New properties entering the market between Dec 26th & Jan 1st, 5 in Pending status, and 15 marked as Sold.
See below for further details:

PENDING SALES (Dec 26, 2011-Jan 1, 2012,, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3950 CARMAN DR $130,000.0 2 2.1 1101 CONDO 60
5063 FOOTHILLS DR C $159,900.0 2 2 991 CONDO 38
19221 REDWING CT $298,500.0 3 2 1374 DETACHD 121
4401 OAKRIDGE RD Lot 22 $339,900.0 2 2.1 1692 ATTACHD 178
13600 GOODALL RD $999,000.0 5 2.1 3111 FARM 212


SOLD (Dec 26, 2011- Jan 1, 2012, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY 43 $77,380 $61,000 2 2 822 CONDO 174
450 S STATE ST $119,000 $85,000 2 1 800 CONDO 86
234 RIDGEWAY RD 16D $151,950 $150,000 2 1 914 CONDO 4
6218 NOKOMIS CT $224,900 $192,500 3 2 1512 DETACHD 159
4050 VIRGINIA WAY $389,000 $325,000 3 2 1344 DETACHD 34
1639 WORTHINGTON ST $350,000 $328,000 4 3 1920 DETACHD 73
312 4TH ST $399,000 $382,500 2 2.1 1731 ATTACHD 206
13354 TWIN CREEK LN $579,000 $530,000 5 2.1 3134 DETACHD 65
14785 UPLANDS DR $599,000 $560,000 4 3 3325 DETACHD 316
5625 SOUTHWOOD DR $669,000 $575,000 4 2.1 3280 DETACHD 186
13048 KNAUS RD $875,000 $685,000 4 3.1 3715 DETACHD 198
17554 Greenbluff DR $1,195,000 $975,000 4 4.2 5042 DETACHD 239
17147 OLD RIVER DR $2,395,000 $1,600,000 4 4.2 5961 DETACHD 581
1617 LAKE FRONT RD $2,999,000 $2,250,000 4 4.1 4610 DETACHD 198
1288 NORTHSHORE RD $2,350,000 $2,350,000 4 3 3059 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 ~ New Year’s Day, 2012!

Well….  There are ~NO~ Open Houses in Lake Oswego for this New Year’s Day!  So, that means… rest, enjoy ringing in the New Year, and enjoy yourselves as we each greet a bright new tomorrow!

Happy New Year,

Dianne and Linda

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News & Notes

Here are some Market Tidbits for You~

  • According to RMLS, showing activity 12/5 – 12/11/11 was down by 10.8% in the state of Oregon from the week prior.
  • As always, the holiday season brings more attention to thefts at Open Houses and fraudulent activity of all kinds.  When holding your home Open, make sure to talk to your Realtor about precautions you should be taking such as putting valuables and prescriptions in a safe place.
  • Bank-owned properties are often great bargains.  Make sure to ask your Realtor to check with the Listing Agent and/or your escrow officer if you are entering into a bank-owned transaction, specifically to make sure that a title policy will be issued.  We have heard that there has been some hesitation here & there due to fears of reprisals by former owners, so best just to double-check on your particular property.

What’s Happening in Lake Oswego? ~

* “LO Reads!” – Jan 9th at 6:30PM  ~  There will be a kickoff event for this 6th annual tradition.  Be at the Lake Oswego Library for a free copy of Lake Oswego’s own Brian Doyle’s book, “Mink River”.  Kathryn Claire and Eddie Parente will play the rish fiddle and refreshments will be available.  To learn more about Lake Oswego Reads, CLICK HERE.

* Holiday Tree Recycling – Dec. 30, 31, Jan 1, & 2  + 7 & 8~  The Boy Scouts are recycling trees again this year at George Rogers Park for a small $6.00 donation.  They will be waiting to help you from 9-5 the first four days, and then from 8-4 on Jan 7 & 8.  Make sure to remove all decorations & anything non-organic from the tree before bringing it down to the park.

*Block Foam Recycling! – Sat, Jan 21 ~ If you’re like me, you wonder what the heck to do with this prevalent packing material.  The West End Building at 4101 Kruse Way will be taking it off your hands from 9 AM – 2PM or until the truck is full.  Please read more about it so that you understand what does NOT fall into this category (such as foam peanuts, foam rubber & food packaging).  CLICK HERE

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Market Activity ~ Dec. 12-18, 2011

Even the week before Christmas, there is a hustle & bustle in the Lake Oswego real estate scene. There were 8 New properties entering the market, 17 in Pending status, and 15 marked as Sold during the last 7-day period according to RMLS.
See below for further details:

NEWLY LISTED (Dec 12-18, 2011)

Address List Price # Beds # Baths Total SF Prop Type
16250 PACIFIC HWY 51 $99,900 1 1 841 CONDO
4654 LOWER DR A2 $115,000 2 1.1 1260 CONDO
5225 JEAN RD 511 $156,000 2 2 1400 CONDO
5720 SW KENNY ST $189,900 3 2 1416 DETACHD
1503 EASTVIEW CT $499,900 3 2.1 3362 DETACHD
1455 TIMBERLINE DR $799,000 4 3 3554 DETACHD
4110 CANAL RD $970,000 4 3.1 3676 DETACHD
17225 KELOK RD $1,195,000 4 3.1 4161 DETACHD


PENDING SALES (Dec 12-18,, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY $64,500 2 2 822 CONDO 174
4765 FIRWOOD RD $120,000 3 1 1348 DETACHD 191
3802 BOTTICELLI ST $129,000 3 2 1224 ATTACHD 159
234 RIDGEWAY RD 16D $154,950 2 1 914 CONDO 4
165 Oswego Smt 165 $159,900 2 2 1383 CONDO 186
16774 GRAEF CIR $189,900 2 1.1 1168 DETACHD 3
16430 LAKE FOREST BLVD $195,000 3 1 1342 DETACHD 108
44 GREENRIDGE CT $209,900 3 2.1 1996 ATTACHD 27
16695 GLENWOOD CT $349,900 4 3 3060 DETACHD 176
4403 OAKRIDGE RD Lot 21 $389,900 3 2.1 2004 ATTACHD 114
5008 HAMPTON CT $398,500 3 2.1 2446 DETACHD 249
533 2ND ST 110 $415,000 2 2 1274 CONDO 42
18014 GIMLEY CT $449,900 5 3.1 4355 DETACHD 198
1700 VILLAGE PARK LN $679,900 4 4 4945 DETACHD 269
17090 CHAPIN WAY $729,000 4 3 3480 DETACHD 189
4180 CASEY CT $739,950 4 3.1 3730 DETACHD 7
1617 LAKE FRONT RD $2,999,000 4 4.1 4610 DETACHD 198


SOLD (Dec 12=18, 2011)

Address O/Price Close Price # Beds Total Baths Total SF Prop Type CDOM
322 CERVANTES CIR $99,990 $99,900 2 1 832 CONDO 57
5052 FOOTHILLS DR E $200,000 $185,000 2 2 1370 CONDO 18
5 BRITTEN CT $235,000 $225,000 2 2 1394 ATTACHD 57
16026 PARKER RD $299,900 $280,000 3 1 1620 DETACHD 265
122 KINGSGATE RD $289,950 $289,950 3 2.1 1846 DETACHD 5
518 5TH ST $369,000 $305,000 2 2.1 1426 DETACHD 150
4398 GLACIER LILY ST $425,000 $318,500 4 2.1 2936 DETACHD 127
760 TIMBERLINE DR $459,000 $400,000 5 3 3058 DETACHD 228
2825 VALE CT $417,000 $401,000 4 2.1 2304 DETACHD 31
18132 WESTVIEW DR $620,000 $500,000 4 3.1 3871 DETACHD 471
13254 TWIN CREEK CT $599,500 $580,000 3 2.1 3470 DETACHD 56
5115 DENTON DR $719,000 $665,000 4 2.1 3069 DETACHD 99
5160 Woodcrest LN Lot 3 $691,488 $702,765 4 3.1 3575 DETACHD
528 7TH ST $999,999 $950,000 5 4.3 3678 DETACHD 90
1954 EGAN WAY $1,050,000 $950,000 3 2.1 3748 DETACHD 323

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

Here are some Market Notes for You~

According to the just-released RMLS Market Action Report for November 2011, the combined area of Lake Oswego and West Linn  reported:

  • 651 Active Listings
  • 106 New Listings
  • 100 Pending Sales
  • 98 Closed Sales
  • An average Sale Price of $385,700.
  • Average Time on the Market: 179 Days

What’s Happening in Lake Oswego? ~

* Christmas Ship Parade – Dec 17th at 6PM  ~  Join us for the 57th year of enjoying a parade of bright Christmas Ships gliding from Riverplace Marina to Lake Oswego!  You can enjoy the colorful flotilla from the shores of Foothills Park where a warming fire and shelter will make the evening more than merry!   For more information on this annual extravaganza CLICK HERE.

* Annual Gingerbread Competition! – Dec. 13th – Dec. 25th ~  One-of-a Kind Gingerbread creations are on display at participating local businesses in celebration of “Holiday Houses of Lake Oswego” which is in its second delightful year.  To learn more about this competition CLICK HERE.

*LOPedia is Now Available! – This great resource provides information on city programs and services, as well as how it delivers those services and how much they cost.  It can be checked out at the Lake Osweego Library, and also is available online by CLICKING HERE.

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Market Activity Nov. 28 – Dec. 4, 2011

In Lake Oswego there were 11 New properties entering the market, 11 in Pending status, and a whopping 19 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (Nov 28-Dec 4, 2011)

Address List Price # Beds # Baths Total SF Prop Type
4650 LOWER DR $119,900 2 1.1 1260 ATTACHD
18 GREENRIDGE CT $199,800 3 1.1 1888 ATTACHD
908 LAKE FRONT RD $224,900 2 1 1398 DETACHD
17683 NICOLE LN $249,000 3 2 1200 DETACHD
532 2ND ST $269,900 2 2.1 1394 CONDO
21 BRITTEN CT $310,000 3 2.1 1972 ATTACHD
700 BRIERCLIFF LN $365,000 3 3 2125 DETACHD
19010 BRYANT RD $659,900 4 3.1 4878 DETACHD
1285 Wells ST $699,900 4 2.1 3718 DETACHD
18132 SIENA DR $1,125,000 4 3.1 3565 DETACHD
1500 NORTHSHORE RD $11,600,000 5 6.2 13462 DETACHD


PENDING SALES (Nov 28-Dec 4, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16443 INVERURIE RD $170,000 4 2 1480 DETACHD 95
5733 FERNBROOK WAY $235,000 4 1.1 1250 DETACHD 76
18523 Hallberg CT $263,000 3 1.1 1307 DETACHD 101
1728 ASPEN CT $295,000 3 3 1852 DETACHD 422
17350 KELOK RD $325,000 3 1.1 1415 DETACHD 417
2376 FERNWOOD CIR $425,000 4 2 2574 DETACHD 165
17606 WOODHURST PL $572,000 5 3.1 4488 DETACHD 424
14785 UPLANDS DR $599,000 4 3 3325 DETACHD 316
4502 LAMONT WAY $650,000 4 4 3838 DETACHD 14
17512 Greenbluff DR $849,000 4 4 3777 DETACHD 417
17475 CANAL CIR $895,000 3 3 2290 DETACHD 22


SOLD (Nov 28-Dec 4, 2011)

Address O/Price Close Price # Beds Total Baths Total SF Prop Type CDOM
47 EAGLE CREST DR 3 $110,000 $50,500 2 1 932 CONDO 546
572 S STATE ST $114,900 $104,400 2 1 914 CONDO 67
6062 BURMA RD $256,487 $197,000 3 2 1875 DETACHD 441
72 GREENRIDGE CT $224,900 $200,000 3 3 1825 ATTACHD 288
14402 SHERBROOK PL $289,000 $269,000 3 2.1 2039 DETACHD 299
140 TOUCHSTONE CT $284,900 $274,945 3 2.1 1964 ATTACHD 8
1193 TROON RD $415,000 $325,000 3 2.1 2558 DETACHD 72
18715 INDIAN CREEK DR $339,900 $336,000 3 2 1976 DETACHD 244
5192 COVENTRY CT $365,000 $366,135 4 2.1 2259 DETACHD 2
12 YORICK ST $416,000 $385,000 4 3.1 2428 DETACHD 21
4673 Lakeview BLVD $429,950 $422,000 3 2 2061 DETACHD
4729 FIRWOOD RD $489,500 $465,000 3 2.1 2594 DETACHD 127
5428 SOUTHWOOD DR $619,000 $528,000 4 3 3302 DETACHD 172
17997 BRAEDEN CT $644,800 $600,000 4 3 2984 DETACHD 907
19375 EASTSIDE RD $799,000 $725,000 4 3.1 4100 DETACHD 35
13877 AMBERWOOD CIR $999,000 $895,000 4 2.1 3949 DETACHD 53
17655 KELOK RD $979,000 $930,000 3 2 1820 DETACHD 66
18284 MEADOWLARK LN $1,595,000 $1,100,000 5 5.1 5833 DETACHD 468

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