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:

  • 589 Active Listings
  • 153 New Listings
  • 97 Pending Sales
  • 75 Closed Sales
  • An average Sale Price of $364,800.
  • Average Time on the Market: 176 Days

Also:

  • For January 2012, Average Sales Price for the Portland Metro area ($249,100) was virtually unchanged as compared to 2011 ($248,900)
  • For January 20121 as compared to 2011, Closed Sales increased by a whopping 18.3%
  • and Pending Sales increased by 22.4%,
  • but there were 16.5% fewer Newly Listed residential properties

Market Activity ~ Feb. 6-12, 2012

Lots of good activity in Lake Oswego this past week!!
See below for further details:

NEW SALES (Feb 6-12, 2012,, 2011)

Address List Price # Beds # Baths Total SF Prop Type
360 CERVANTES CIR $98,500 2 1 832 CONDO
3834 BOTTICELLI ST $129,900 2 2 1055 ATTACHD
5058 FOOTHILLS DR A $190,000 2 2 1252 CONDO
4890 INDIAN CREEK CT $250,000 3 2 2064 DETACHD
5060 FOOTHILLS DR E $279,900 2 2 1252 CONDO
668 MCVEY AVE $315,000 3 1.1 992 CONDO
1872 KILKENNY DR $379,900 5 3 2748 DETACHD
12770 SIERRA VISTA DR $392,900 4 2.1 2592 DETACHD
21 CONDOLEA DR $399,900 3 2.1 2198 CONDO
486 LIVINGOOD LN $459,000 4 3.1 3115 DETACHD
17859 HILLSIDE WAY $502,999 5 3 3926 DETACHD
17802 MARYLCREEK DR $509,000 4 4 3735 DETACHD
5975 NEWCASTLE DR $539,000 3 2.1 3339 DETACHD
17802 TREETOP LN $599,000 4 3.1 4110 DETACHD
1708 OAK ST $638,000 4 2.1 3444 DETACHD
2351 PALISADES CREST DR $699,900 5 2.1 4037 DETACHD
96 GARIBALDI ST $795,000 3 3.1 4819 DETACHD
14066 Edenberry DR $795,000 5 3.1 3835 DETACHD
2311 OSWEGO GLEN CT $839,000 4 4 4529 DETACHD
18493 RAY RIDGE DR $993,500 4 3.3 4283 DETACHD
19395 HILLTOP RD $1,095,000 4 3.2 4911 DETACHD
1644 LESLIE LN $1,350,000 4 3.2 4982 DETACHD
758 SOUTHVIEW RD $3,795,000 5 5.1 5179 DETACHD
1024 NORTHSHORE RD $4,695,000 5 5.1 7000 DETACHD

PENDING (Feb 6-12, 2012, 2011) 

Address List Price # Beds # Baths Prop Type Total SF CDOM
1400 BONNIEBRAE DR $150,000 2 1 ATTACHD 864 36
58 GREENRIDGE CT $164,900 3 2.2 ATTACHD 1996 51
19158 LONGFELLOW AVE $199,000 3 1.1 DETACHD 1232 2
17683 NICOLE LN $219,000 3 2 DETACHD 1200 67
6380 WASHINGTON CT $232,500 3 2 DETACHD 1720 91
5311 TUALATA CT $249,000 3 1.1 DETACHD 1387 293
2025 WEMBLEY PARK RD $299,000 4 2.1 DETACHD 2304 9
14 NORTHVIEW CT $379,000 4 3.1 ATTACHD 3279 264
13854 PROVINCIAL HILL DR $399,900 4 2.1 DETACHD 2726 240
6 CHURCHILL DOWNS $399,900 5 3.1 DETACHD 2922 1
16884 SUMMER PL $419,900 4 2.1 DETACHD 2782 296
13880 KNAUS RD $475,000 4 3.1 DETACHD 3532 131
72 CONDOLEA WAY $495,000 3 2.1 CONDO 2958 18
4730 AVERY LN $499,000 4 2.1 DETACHD 2666 3
2469 MARYLHAVEN PL $500,000 4 3.2 DETACHD 5582 5
17900 GREENBLUFF DR $775,000 4 3.1 DETACHD 4210 211
17951 MEADOWLARK LN $799,900 4 3.2 DETACHD 5065 17
17434 LAKE HAVEN DR $1,595,000 4 2.1 DETACHD 3976 8

SOLD (Feb 6-12, 2012, 2011)

Address O/Price Close Price # Beds # Baths Prop Type Total SF CDOM
210 S STATE ST $174,900 $147,000 2 1 CONDO 1495 86
15 CONDOLEA DR $275,000 $197,550 3 3 CONDO 2388 193
16695 GLENWOOD CT $469,900 $317,000 4 3 DETACHD 3060 176
1877 WOODLAND TER $399,000 $399,000 4 2 DETACHD 2776 4
18116 PIONEER CT $549,000 $549,000 5 3 DETACHD 3500 3
23 HILLSHIRE DR $679,000 $570,000 4 4 DETACHD 3916 194
17110 LOWENBERG TER $689,000 $629,000 4 2.1 DETACHD 2732 1078
18308 MEADOWLARK LN $1,425,000 $1,320,000 4 3.3 DETACHD 6853 171

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

Open Houses ~ Feb 12, 2012

There are a whopping 28 properties to see. Enjoy!

Address L/Price # Beds # Baths Total SF Style Time
236 RIDGEWAY RD $156,000 2 1 914 CONDO 1-3PM
5058 FOOTHILLS DR A $190,000 2 2 1252 CONDO 1-4PM
23 BLOCH TER $195,000 2 2 1394 TOWNHM 12-2PM
1127 CEDAR ST $239,000 2 1 1070 DETACHD 12:30-4PM
65 KINGSGATE RD $259,000 3 2 1237 DETACHD 1-3PM
5060 FOOTHILLS DR E $279,900 2 2 1252 DETACHD 2-4PM
13020 PRINCETON CT $444,000 4 2.1 3004 DETACHD 1-3PM
486 LIVINGOOD LN $459,000 4 3.1 3115 DETACHD 1-4PM
5947 MEADOWCREEK CT $499,900 4 2.1 2485 DETACHD 1-4PM
17930 MEADOWLARK LN $499,900 4 4 3300 DETACHD 1-3PM
545 EVERGREEN RD $519,000 3 2.1 2182 DETACHD 1-3PM
5975 NEWCASTLE DR $539,000 4 2.1 3339 DETACHD 11AM-2PM
3660 LAKE GROVE AVE $550,000 4 2.1 2400 DETACHD 1-3PM
17802 TREETOP LN $595,000 4 3.1 4110 DETACHD 1-3PM
13226 ROGERS RD $599,000 4 2.1 3691 DETACHD 1-3PM
4637 HASTINGS PL $599,000 4 2.1 3568 DETACHD 12-2PM
17884 KELOK RD $625,000 4 3.1 4124 DETACHD 1-3PM
5533 FIELDSTONE CT $628,950 4 2.1 3115 DETACHD 12-2PM
1700 MAPLE ST $629,900 3 2.1 3098 DETACHD 1-3PM
1708 OAK ST $638,000 4 2.1 3444 DETACHD 1-4PM
2530 PALISADES CREST DR $639,000 4 2.1 2919 DETACHD 1-3PM
5604 GRAND OAKS DR $649,000 5 3 3676 DETACHD 1:30-4PM
14066 Edenberry DR $795,000 5 3.1 3835 DETACHD 1-3PM
3103 Wembley Park RD $850,000 4 3.1 3597 DETACHD 1-3PM
18231 SIENA DR $994,000 4 3.1 3655 DETACHD 12-2PM
18132 SIENA DR $1,125,000 4 3.1 3565 DETACHD 12-2PM
18202 BELLA TERRA DR $1,145,000 4 3.1 3863 DETACHD 12-2PM
1075 CHANDLER RD $1,895,000 5 4.1 5946 DETACHD 2-5PM

News & Notes

What’s Happening in Lake Oswego? ~

* Really Local Weather –   Three new weather stations installed at City Hall, the Golf Course and Westlake Fire Station are now recording temperature, wind speed & direction, relative humidity, dew point, soil moisture, soil temperature, precipitation and Evapo-transpiration.   CLICK HERE to access current local weather info.

* Portland International Film Festival in Lake Oswego – Feb. 10-16~  The Bank of Lake Oswego and The City of Lake Oswego are sponsors of the festival, and 16 films will be shown in Lake Oswego.  The festival showcases more than a hundred films around the world.  To see showtimes, location & purchase tickets CLICK HERE.

*Virtual Summit – To see the information presented at the Feb 2nd summit, and to add your own thoughts on “inspiring spaces & places”, and “Complete Neighborhoods & Housing”  CLICK HERE  .  The deadline for submitting comments is Feb 12th.

* Lake Oswego Rides Mink River – Feb 18th  ~  Join Mayor Hoffman for a themed bike ride that visits some of the city’s public work sites and runs along the river winding through Sister of the Holy Names & to the Art Spot. Gather at 9:45 for a 10:00AM bike ride at Millennium Plaza Park.  The ride is 10 miles, and registration is completed by calling 503 675 3730.

Market Activity ~ Jan 30 – Feb 5, 2012

There were 19 New properties entering the market, 13 in Pending status, and 5 marked as Sold during the last week according to RMLS.
See below for further details:

NEW (Jan 30 – Feb 5, 2012)

Address List Price # Beds # Baths Total SF Prop Type
204 RIDGEWAY RD $99,500 1 1 778 CONDO
76 OSWEGO SMT $119,900 2 2 1212 CONDO
4 TOUCHSTONE #69 $159,900 3 2.1 1351 CONDO
23 BLOCH TER $195,000 2 2 1394 ATTACHD
65 KINGSGATE RD $259,000 3 2 1237 ATTACHD
5958 KENNYCROFT WAY $298,950 3 2.1 1450 DETACHD
2025 WEMBLEY PARK RD $299,000 4 2.1 2304 DETACHD
1033 Yates $459,900 4 3.1 2889 DETACHD
5947 MEADOWCREEK CT $499,900 4 2.1 2485 DETACHD
3660 LAKE GROVE AVE $550,000 4 2.1 2400 DETACHD
4081 PFEIFER CT $580,000 5 3.1 4070 DETACHD
13226 ROGERS RD $599,000 4 2.1 3691 DETACHD
1700 MAPLE ST $629,900 3 2.1 3098 DETACHD
2530 PALISADES CREST DR $639,000 4 2.1 2854 DETACHD
15468 BOONES WAY $724,900 4 2.1 2425 ATTACHD
2358 SUMMIT DR $739,000 3 2.1 2995 DETACHD
4033 WESTBAY RD $1,295,000 4 3.1 3691 DETACHD
17434 LAKE HAVEN DR $1,595,000 4 2.1 3976 DETACHD
199 FURNACE ST Upper $2,590,000 3 3.1 5772 CONDO


PENDING (Jan 30 – Feb 5, 2012
)

Address List Price # Beds # Baths Total SF Prop Type CDOM
247 CERVANTES $120,600 2 2 1384 CONDO 114
12844 SW BOONES FERRY RD $175,000 2 2.1 1152 ATTACHD 15
908 LAKE FRONT RD $199,900 2 1 1398 DETACHD 62
18609 KRISTI WAY $208,500 4 1 1400 DETACHD 33
7 BRITTEN CT $235,000 4 2 2046 ATTACHD 314
1716 ASPEN CT $239,900 3 2 1528 DETACHD 202
16989 TUALATIN ST $247,000 3 2.1 1491 DETACHD 233
186 D AVE $299,900 3 2.1 1636 ATTACHD 102
10 HILLSHIRE DR $384,900 4 3 3152 DETACHD 12
537 2ND ST $459,900 2 2 1292 CONDO 3
4079 COLTSFOOT LN $486,799 4 4 3308 DETACHD 791
4370 LAKEVIEW BLVD $600,000 3 2 1305 DETACHD 1
16827 Scott CT $769,000 4 3.1 3952 DETACHD 256


SOLD (Jan 30 – Feb 5, 2012
)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
5786 WASHINGTON CT $194,400 $147,000 3 2 1876 DETACHD 95
5220 FIRWOOD RD $134,900 $215,000 3 2 1300 DETACHD 18
15085 GLEN EAGLES PL $404,900 $395,000 3 3 2996 DETACHD 715
533 2ND ST $415,000 $403,950 2 2 1274 CONDO 42
16491 CHAPIN WAY $799,000 $717,500 4 3 3648 DETACHD 248

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 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

 

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

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

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

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