Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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Market Activity Nov 30-Dec 6, 2015

Last week in Lake Oswego there were 9 new listings, 14 houses that went into pending status, and 17 closed sales. Yes, this is about a third of what happens in June, but it is still a very active market. I expect to see lots of closed sales in the next week or so as people make the move to their new home before the holidays.

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

New on the Market (Nov 30-Dec 4, 2015)

Address Type Price BR Baths Sq Ft
4 Touchstone #150 Condo $149,900 2 2 984
5094 Galen St Detached $369,000 3 2.5 1438
51 Oriole Ln Detached $399,900 3 2 1216
14352 Sherbrook Pl Detached $445,000 3 2.5 1806
17765 Treetop Ln Detached $598,000 4 3 3046
6720 Childs Rd Detached $1,295,000 6 5.5 6914
19342 Lorna Ln Detached $1,298,800 5 3.5 4114
17337 Bergis Farm Dr Detached $1,595,000 4 4.5 4810
915 Atwater Rd Detached $1,895,000 5 4.5 4102

Pending Sales (Nov 30-Dec 1, 2015)

Address Type Price BR Baths Sq Ft CDOM
75 Galen Rd Condo $171,900 2 2 993 3
48 Eagle Crest Dr Condo $185,700 2 2 1545 37
4 Mountain Circle Condo $303,000 2 1.5 1598 23
1248 Oak St Detached $310,000 2 1 900 19
6355 Dawn St Detached $345,900 3 2 1268 18
56 Aquinas St Detached $439,000 4 3 1811 12
123 3rd St Condo $450,000 2 2 1206 22
17162 Warren Ct Detached $515,000 4 2.5 2231 3
19365 35th Ct Detached $579,500 4 2.5 2484 6
14001 Westcott Ct Detached $679,900 3 2.5 3223 213
13679 Melrose Pl Detached $699,000 4 3.5 4752 0
4150 Upper Dr Detached $1,050,000 4 3.5 3465 1
3820 Southshore Blvd Detached $1,098,888 5 4 4855 157
2912 Wembley Park Rd Detached $1,100,000-$1,300,000 4 4.5 154

Sold/Closed  (Nov 30-Dec 6, 2015)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd D105 Condo $159,900 $156,000 924 58
53 Galen Rd #53 Condo $159,900 $161,000 993 24
210 State St #4 Condo $219,900 $207,000 1284 44
6073 Harrington Ave Detached $250,000 $250,000 1050 0
4458 Thunder Vista Ln Condo $289,000 $279,000 2200 76
16524 Roosevelt Ave Detached $349,000 $349,000 1131 55
16735 Lake Forest Blvd Detached $349,900 $350,000 1996 89
15 Greenridge Ct Attached $359,000 $350,000 1996 89
18305 Fernbrook Ct Detached $399,900 $425,000 1300 2
14752 Davis Ln Attached $445,000 $447,000 1954 33
14754 Davis Ln Attached $460,000 $448,000 1925 83
4595 Hastings Pl Detached $589,000 $600,000 2176 1
4744 Cambridge Ct Attached $605,000 $605,000 2856 0
17533 Brookhurst Dr Detached $749,000 $739,000 4002 72
599 7th St Detached $800,000 $758,000 2468 46
18009 Braeden Ct Detached $849,000 $820,000 3286 64
1233 Bickner St Detached $800,000 $848,967 3150 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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Market Activity ~ Nov 23-29, 2015

Last week, Nov 2-8, Lake Oswego we saw 4 New properties enter the market, 4 move to Pending status, and 11 “Closed”/Sold.

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

NEW on Mkt (Nov 23-29, 2015)

Address List Price # Beds # Baths Total SF Prop Type
4333 WOODSIDE CIR $124,900 1 1 764 CONDO
66 OSWEGO SMT #66 $359,000 3 2 1532 ATTACHD
670 IRON MOUNTAIN BLVD $674,900 5 3 3275 DETACHD
19285 MEGLY CT $1,649,000 4 3.2 5421 DETACHD

PENDING SALES (Nov 23-29, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
9 ORIOLE LN $439,000 3 3 1928 DETACHD 10
19626 PERCH CT $465,900 3 2.1 1770 DETACHD 8
706 5TH ST $1,099,900 4 2.1 2730 DETACHD 173
13624 GOODALL RD $1,449,000 4 4.2 4411 DETACHD 262

SOLD  (Nov 23-29, 2015)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4434 THUNDER VISTA LN $254,900 $252,000 2 2.1 1970 ATTACHD 36
16 WHEATHERSTONE $325,000 $332,000 3 2.1 1692 CONDO 3
1228 CEDAR ST $349,500 $335,000 3 2 1302 DETACHD 43
116 GREENRIDGE CT $344,900 $344,900 4 2.1 2832 CONDO 0
18561 SW KRISTI WAY $349,000 $355,000 3 2.1 1440 DETACHD 30
5253 TIMBERGROVE ST $357,500 $372,000 3 2 1410 DETACHD 8
5875 BONITA RD $519,000 $515,000 5 3.1 2650 DETACHD 27
10 DEL PRADO ST $519,900 $517,000 5 3 3104 DETACHD 7
12777 SIERRA VISTA DR $694,000 $671,000 4 2.1 3144 DETACHD 135
1032 WESTWARD HO RD $969,000 $1,100,000 4 3.1 3824 DETACHD 797
13710 KNAUS RD $1,950,000 $1,750,000 4 4.2 5780 DETACHD 538

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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Market Activity Nov 9-15, 2015

People often ask me if this is a good time of year to be buying or selling a house. The answer is yes! Interest rates are typically very low in the winter. People who are selling at this time of year are motivated. Many companies are transferring their executives to close out their fiscal year. And a house that is beautiful in the winter will be gorgeous in the spring! This past week Lake Oswego had 12 new listings, 15 houses going into pending status with accepted offers, and 11 closed sales.

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

New on the Market (Nov 9-15, 2015)

Address Type Price BR Baths Sq Ft
48 Eagle Crest Dr #2D Condo $185,000 3 2 1623
4 Mountain Circle Condo $305,000 2 1.5 1598
1248 Oak St Detached $325,000 2 1 900
19251 Indian Creek Ave Detached $350,000 4 2 1404
9 Oriole Ln Detached $439,000 3 3 1928
123 3rd ST Condo $450,000 2 2 1206
4101 Chapman Way Detached $475,000 3 2.5 1864
6423 Frost St Detached $499,900 3 2.5 2548
17730 Marylbrook Dr Detached $619,999 3 2.5 2951
6413 McDuff Ct Detached $724,900 3 2.5 3091
906 Cedar St Detached $950,000 4 3.5 2829
4146 Lakeview Blvd Detached $1,298,800 4 3.5 3279

Pending Sales (Nov 9-15, 2015)

Address Type Price BR Baths Sq Ft CDOM
454 5th St Condo $323,000 2 1.5 1092 6
13855 Verte Ct Detached $449,000 3 2.5 1835 128
6411 Frost St Detached $499,900 3 2.5 2430 28
15585 Partridge Dr Detached $529,000 4 2.5 2604 98
6059 Frost Ln Detached $535,000 4 2.5 2281 49
14121 Redwood Ct Detached $579,950 5 3.5 2703 266
3778 Rivers Edge Dr Detached $679,900 4 3.5 3022 101
15655 Fieldstone Dr Detached $710,000 3 2.5 2750 6
13461 Steamside Dr Detached $775,000 4 2.5 3321 70
5640 Meridian Ct Detached $788,800 4 3.5 3459 38
5327 Carman Grove Ln Detached $845,000 3 3 3125 179
1651 Village Park Ln Detached $899,000 4 3.5 4273 230
769 2nd St Detached $1,000,000 5 2.5 3308 900
17442 Ridgeview Ln Detached $1,329,000 4 3.5+.5 5036 107
13719 Knaus Rd Detached $1,837,000 4 4.5+.5 5780 538

Sold/Closed  (Nov 9-15, 2015)

Address Type List Price Sold Price Sq Ft CDOM
15230 Boones Way 1D Condo $205,000 $205,000 1185 4
16200 Pacific Hwy #24 Condo $285,000 $260,000 1190 62
4226 Woodside Circle Attached $349,900 $332,500 1578 12
5280 Chinook Ct Detached $315,000 $337,500 1457 4
4291 Woodside Circle Attached $400,000 $425,000 2026 4
18620 Indian Creek Dr Detached $469,900 $469,900 2064 2
18910 Terry Ave Detached $585,000 $579,900 4290 159
14205 Edenberry Dr Detached $735,000 $695,000 3051 42
13084 Knaus Rd Detached $899,000 $755,000 3285 45
5833 Stewart Glenn Ct Detached $815,000 $815,000 3258 52
18383 Old River Dr Detached $895,000 $819,900 4548 85

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 ~ October 2015 Numbers

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

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

  • There were 3,063 New Listings in October which was down 10.5% from September (3,424), but up 6.3% from October of 2014.
  • At 2,717, October Closed Sales fell 9.7% from September’s 3,010, and were up  9.2% from October of 2014’s 2,487.
  • October Pending Sales (accepted offers), at 2,996 were up slightky at 0.8% from September’s 2,971, and fared 20.8% better than October of 2014’s 2,480 total.
  •  The Average Sale Price in October of $360,000 was up significantly at $11,000 over September’s $349,000, and also up almost $25,000 over October of 2014’s $335,600. 

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

    •  390 Active Listings  (Sept was 454)
    •  143 New Listings   (Sept was 228 )
    •  142 Pending Sales    (Sept was 181)
    •  139 Closed Sales   (Sept was 181 )
    • Average Sale Price for October of $614,600 (Sept/$574,800. )
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew 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 (Sept was 59)
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Market Activity ~ Nov 2-8, 2015

Last week, Nov 2-8, Lake Oswego we saw 5 New properties enter the market, 18 move to Pending status, and 5 “Closed”/Sold.  This is still a Sellers’ Market, and/but, Buyers have a bit of an advantage right now (better than any other time of year in a Sellers’ Market) as Sellers want to be “done” & focusing on holidays, finalizing by the end of the year, and other fun things.  On another note: Interest rates are rumored to be potentially rising in December……  Sounds like a Good time to buy if you’ve been on the fence. Something to think about ; )

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

NEW on Mkt (Nov 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type
3886 BOTTICELLI ST $220,000 2 1.1 1132 CONDO
1720 YARMOUTH CIR $445,000 3 2.1 2020 DETACHD
13485 STREAMSIDE DR $749,900 3 3 3023 DETACHD
531 7TH ST $1,125,000 3 2.1 2818 DETACHD
1144 BAYBERRY RD $1,299,900 6 3 3523 DETACHD

PENDING SALES (Nov 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD D105 $159,900 2 2 924 CONDO 58
4000 CARMAN DR #74 $164,900 2 2 836 CONDO 10
200 BURNHAM RD #406 $229,000 2 1 1199 CONDO 153
6155 MCEWAN RD $320,000 2 2 1294 DETACHD 108
42 ORIOLE LN $350,000 3 2 1290 DETACHD 8
4230 SUNSET DR $379,900 3 3 1563 DETACHD 1
5934 KENNY ST $389,900 4 2 1596 DETACHD 62
17347 ASHLEY CT $454,900 4 2.1 2117 ATTACHD 90
6192 HARRINGTON AVE $474,900 5 3 2817 DETACHD 40
2222 CREST DR $545,000 4 3.1 2820 DETACHD 133
619 CLARA CT $549,000 4 2.1 2958 DETACHD 4
4595 HASTINGS PL $589,000 4 2.1 2176 DETACHD 1
17927 RIDGE LAKE DR $629,900 4 2.1 2544 DETACHD 55
1293 TIMBERLINE DR $649,000 3 3 2957 DETACHD 85
15821 SPRINGBROOK CT $699,900 2 2 2208 DETACHD 10
2337 HILLSIDE LN $899,000 4 3.1 4932 DETACHD 36
17346 CANAL CIR $995,000 4 3 3406 DETACHD 37
2912 WEMBLEY PARK RD 1100000 – 1300000 4 4.1 4500 DETACHD 129

SOLD  (Nov 2-8, 2015)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
5064 FOOTHILLS DR #F $269,000 $264,000 2 2 1252 CONDO 84
16200 PACIFIC HWY #22 $299,000 $299,000 2 2 1190 CONDO 7
49 BRIARWOOD RD $650,000 $610,000 3 2 2162 DETACHD 5
18360 DELENKA LN $859,900 $799,000 5 3.1 4828 DETACHD 154
4112 ORCHARD WAY $950,000 $917,500 5 4 4190 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.

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Market Activity Oct 19-25, 2015

Last week was gorgeous here in Lake Oswego. The fall colors and the dramatic sunrises and sunsets really made it a wonderful week. Real Estate also continued to move right along. Yes, things have slowed, but there is NEVER a time of year when homes are not being bought and sold. Last week in LO we had 11 new listings, 16 pending sales, and 10 closed sales. I expect the next couple of weeks to be very healthy for selling as buyers work to time their purchase so that they can move into their new home before the holidays.

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

New on the Market (Oct 19-25, 2015)

Address Type Price BR Baths Sq Ft
65 Oswego Summit Condo $154,999 2 2 1140
4000 Carman Dr #74 Condo $164,900 2 2 836
4347 Silver Ct Condo $319,000 3 2.5 1844
6140 Burma Rd Detached $419,000 4 2 1656
18802 Redwing Way Detached $459,000 3 2 1550
5330 Carman Grove Ln Detached $675,000 3 3 2398
41 Touchstone Detached $689,500 4 3 3092
15821 Springbrook Ct Detached $699,900 2 2 2208
14435 Uplands Dr Detached $965,000 4 3.5 4822
18048 Eastridge Ln Detached $1,250,000 4 3.5 4231
17700 Upper Cherry Ln Detached $2,500,000 5 5.5 6850

Pending Sales (Oct 12-18, 2015)

Address Type Price BR Baths Sq Ft CDOM
57 Church St Condo $159,000 1 1 636 3
15 Oswego Summit Condo $164,900 2 2 1212 58
6213 Harrington Ave Detached $339,000 3 1 960 6
16735 Lake Forest Blvd Detached $349,900 3 2 1192 57
15 Greenridge Ct Attached $359,000 3 2.5 1996 89
17422 Blue Heron Rd Detached $399,900 3 2 1954 33
14752 Davis Ln Attached $435,000 3 2.5 1954 33
5875 Bonita Rd Detached $519,000 5 3.5 2650 27
4708 Hastings Pl Detached $575,000 4 2.5 2215 80
5124 Lakeview Blvd Detached $579,000 4 3 2932 20
6 Independence Ave Detached $615,000 3 2 2578 64
1052 Yates St Detached $664,900 3 2.5 2598 24
599 7th St Detached $775,000 4 3 2468 40
5459 Westfield Ct Detached $899,000 5 3.5 3670 33
725 5th St Detached $1,099,900 3 3 2748 72
3796 Lakeview Blvd Detached $1,995,000 3 2.5+.5 4150 448

Sold/Closed  (Oct 19-25, 2015)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Parkway Condo $144,900 $153,500 822 3
4 Touchstone #152 Condo $168,900 $185,000 1275 3
5835 Carman Dr Detached $273,900 $227,000 1650 20
5052 Foothills Dr F Condo $220,000 $230,000 1252 2
1325 Bonniebrae Dr Attached $274,900 $277,500 1393 2
3190 Duncan Dr Detached $400,000 $377,000 2401 223
4926 Mulholland Dr Attached $550,000 $550,000 2376 1
15590 Tanager Dr Detached $585,000 $562,500 2532 31
13060 SW Elk Rock Rd Detached $825,000 $710,000 3681 155
581 2nd St #581 Condo $1,200,000 $1,100,000 2190 60

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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Market Activity ~ Oct 12-18, 2015

October 12-18, Lake Oswego we saw 8 New properties enter the market, 18 move to Pending status, and 17 “Closed”/Sold.  Its interesting to note that of the 16 that come up as “New”, 8 of those were not truly new, but rather “refreshed” and therefore not included below.

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

NEW on Mkt (Oct 12-18, 2015)

Address List Price # Beds # Baths Total SF Prop Type
13680 SHIREVA DR $459,000 3 2 1504 DETACHD
14356 HOLLY SPRINGS RD $510,000 4 2.1 1939 DETACHD
17200 CANAL CIR $668,000 3 1.1 1774 DETACHD
5322 CARMAN GROVE LN $715,000 3 2.1 2486 DETACHD
5349 CARMAN GROVE LN $745,000 3 2.1 2633 DETACHD
2043 RIDGEWOOD RD $885,000 5 3 3016 DETACHD
4155 CANAL RD $1,259,000 4 2.1 3736 DETACHD
2098 CREST DR $3,500,000 5 5.1 7837 DETACHD

PENDING SALES (Oct 12-18, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
210 S STATE ST#4 $219,900 2 1 1284 CONDO 44
3910 CARMAN DR $234,900 2 2.1 1129 CONDO 83
16 WHEATHERSTONE $325,000 3 2.1 1692 CONDO 3
12802 BOONES FERRY RD $339,000 3 2.1 1454 CONDO 25
18561 SW KRISTI WAY $349,000 3 2.1 1440 DETACHD 30
5336 TREE ST $379,950 4 2 1696 DETACHD 21
15213 QUARRY RD $399,000 3 2 1761 DETACHD 19
4291 WOODSIDE CIR $400,000 3 2 2026 ATTACHD 4
5882 KENNYCROFT WAY $409,990 3 2 1272 DETACHD 5
5749 WINDFIELD LOOP $419,900 3 3 1873 DETACHD 94
18275 PILKINGTON RD $439,000 3 2 2088 DETACHD 49
15948 QUARRY RD $445,000 2 1 920 DETACHD 116
2600 GLENMORRIE DR $495,000 2 1 1370 DETACHD 0
10 DEL PRADO ST $519,900 5 3 3104 DETACHD 65
4724 AVERY LN $599,900 4 2.1 2731 DETACHD 23
187 FURNACE ST $670,000 2 2.1 1927 CONDO 80
1600 OAK ST $900,000 4 3.2 4385 DETACHD 83
18711 WESTVIEW DR $949,900 4 3.1 3591 DETACHD 55

SOLD  (Oct 12-18, 2015)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #153 $145,000 $140,000 2 2 1031 CONDO 32
200 BURNHAM RD #408 $249,000 $241,000 2 2 1305 CONDO 21
210 S STATE ST #3 $297,500 $297,500 2 1.1 1495 CONDO 21
25 ORIOLE LN $449,950 $412,000 3 2 1460 DETACHD 32
26 SPINOSA $425,000 $415,000 3 2.1 2065 DETACHD 55
14314 ORCHARD SPRINGS RD #35 $434,000 $430,000 5 3 2238 DETACHD 5
4330 ORCHARD WAY $445,000 $445,000 4 2.1 2099 DETACHD 6
4840 DOGWOOD DR $475,000 $475,000 3 3 2716 DETACHD 22
120 CONDOLEA DRm- Main $549,999 $500,000 3 3 2958 CONDO 416
14674 RAINBOW DR $599,000 $556,500 4 3 3100 DETACHD 44
2470 MARYLVIEW CT $739,000 $710,000 4 2.1 3486 DETACHD 24
1267 CHERRY LN $849,000 $720,000 4 2 3311 DETACHD 308
141 BERWICK RD $750,000 $750,000 4 3 2336 DETACHD 0
5724 LA MESA CT $799,900 $763,500 5 2.1 3669 DETACHD 21
17980 KELOK RD $899,900 $885,000 4 2.1 2969 DETACHD 26
454 9TH ST $1,125,000 $1,100,000 3 4 3278 DETACHD 25
1653 Lake Front RD $3,900,000 $3,550,000 5 5.1 6274 DETACHD 175

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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Market Activity Sept 28-Oct 4, 2015

Since the start of school it has felt, to me, like the market has slowed a bit as compared to the hot market we had in June, July and August. Last week’s activity in Lake Oswego brought us 14 new listings, 21 pending sales, and 10 sold/closed sales. This week my business has ramped back up and I have been hearing similar comments from other agents. It will be interesting to see if the numbers are up next week.

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

New on the Market Sept 28-Oct 4, 2015)

Address Type Price Bedrooms Baths Sq Ft
15230 Boones Way 1D Condo $205,000 2 2 1185
16250 Pacific Hwy #74 Condo $274,800 2 2 1,324
191 Oswego Summit #191 Condo $279,000 2 2 1506
14850 Twin Fir Rd Detached $439,000 3 3 2018
6411 Frost St Detached $518,000 3 2.5 2430
18529 Deerbrush Ave Detached $550,000 4 2.5 2461
16731 Alder Circle Detached $555,000 3 2.5 2301
5124 Lakeview Blvd Detached $579,000 4 3 2932
1053 Yates St Detached $664,900 3 2.5 2598
5937 Bay Point Dr Detached $789,000 4 2.5 3174
17154 Lowenberg Terrace Detached $799,960 5 3.5 3514
2337 Hillside Ln Detached $925,000 4 3.5 4932
17346 Canal Circle Detached $995,000 4 3 3406
120 Cabana Pointe Detached $2,199,000 3 3 3446

Pending Sales Sept 28-Oct 4, 2015)

Address Type Price Bedrooms Baths Sq Ft DOM
16250 Pacific Hwy #54 Condo $154,900 1 1 841 10
3892 Botticelli St Condo $231,000 3 2 1288 180
5064 Foothills Dr F Condo $269,000 2 2 1252 84
16200 Pacific Hwy #24 Condo $285,000 2 2 1190 62
5280 Chinook Ct Detached $315,000 3 1.5 1457 4
116 Greenridge Ct Condo $344,900 4 2.5 2832 0
16254 Roosevelt Ave Detached $349,000 2 1 1131 55
14314 Orchard Springs Rd Detached $434,000 5 3 2238 5
27 Del Prado St Detached $449,000 4 2.5 3341 7
18620 Indian CreekDr Detached $469,900 3 2 2064 2
6 Grouse Terrace Detached $544,900 3 3 3576 3
1511 Woodland Terrace Detached $599,900 5 2.5 3439 185
16 Westminster Dr Detached $625,000 4 3 3202 2
607 Ash St Detached $639,000 4 3.5 2860 72
12777 Sierra Vista Dr Detached $679,000 4 2.5 3144 135
2189 Fernwood Circle Detached $699,000 4 3 2921 191
23 Masaryk St Detached $724,000 3 2.5 2861 7
14205 Edenberry Dr Detached $735,000 3 2.5 3051 106
18360 Delenka Ln Detached $799,000 5 3.5 4828 154
18009 Braeden Ct Detached $829,000 4 2.5 3286 64
4112 Orchard Way Detached $950,000 5 4 4190 16

SOLD  (Sept 21-27, 2015)

Address Type List Price Sold Price Sq Ft CDOM
50 Cervantes Circle Condo $165,000 $170,000 1368 4
319 Cervantes Condo $199,900 $210,000 1209 14
3926 Carman Dr Condo $234,900 $234,900 1129 66
48 Eagle Crest Dr 3B Condo $246,900 $245,000 1,489 9
1448 Bonniebrae Dr Attached $250,000 $255,000 1008 1
6053 Fernbrook St Detached $338,000 $338,000 912 4
19431 Tualamere Ave Detached $339,900 $340,000 1200 14
1648 Ash St Detached $449,900 $483,500 1877 2
5466 Bay Creek Dr Detached $615,000 $585,000 2535 35
18086 Jenifers Way Detached $699,000 $699,000 2582 49

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 ~ August Numbers

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

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

  • There were 3,880 New Listings in August which was down a full 9.2% from the previous month/July, but up 8.3% from August of 2014.
  • At 3,098 August Closed Sales fell 10.3% from July’s numbers, and were up  19.8% from August of 2014.
  • August Pending Sales (accepted offers), at 3,347 were down 4.2% from the previous month, and fared 23.8% better than August of 2014.
  •  The Average Sale Price in August of $364,600 was down  $4,500. from July’s Average of $369,100, and up $24,600 from August of 2014’s $340,000. 

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

    •  454 Active Listings  (July was 447)
    •  228 New Listings   (July was 253)
    •  181 Pending Sales    (July was 190)
    •  181 Closed Sales   (July was 201)
    • Average Sale Price for August of $574,800. (July/$570,800)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew 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: 59 Days (July was 65)
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Market Activity ~ Sept 21-27, 2015

Last week in Lake Oswego we saw 19 New properties enter the market, 24 move to Pending status, and 16 “Closed”/Sold.

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

NEW on Mkt (Sept 21-27, 2015)

Address List Price # Beds # Baths Total SF Prop Type
3696 SPRING LN #3B $269,900 2 2 1117 CONDO
15 GREENRIDGE CT $359,000 3 2.1 1996 ATTACHD
15213 QUARRY RD $399,000 3 2 1761 DETACHD
5336 TREE ST $399,950 4 2 1696 DETACHD
14314 ORCHARD SPRINGS RD #35 $434,000 5 3 2238 DETACHD
6192 HARRINGTON AVE $498,800 5 3 2817 DETACHD
6059 FROST LN $508,000 4 2.1 2281 DETACHD
5875 BONITA RD $519,000 5 3.1 2650 DETACHD
6 GROUSE TER $544,900 3 3 3576 DETACHD
4312 WOODSIDE CIR $548,000 3 2.1 2678 ATTACHD
4724 AVERY LN $649,900 4 2.1 2731 DETACHD
1255 BICKNER ST $875,000 4 2.1 2764 DETACHD
5459 WESTFIELD CT $924,900 5 3.1 3670 DETACHD
817 HOODVIEW LN $1,135,000 5 3 3446 DETACHD
1495 COUNTRY CLUB RD $1,175,000 4 2.2 4028 DETACHD
556 7TH ST $1,295,000 5 3.1 3911 DETACHD
12838 ALTO PARK RD $1,439,000 4 3.1 4475 DETACHD
13560 FIELDING RD $3,500,000 5 6.1 5310 DETACHD
1500 NORTHSHORE RD $15,000,000 5 6.3 13462 DETACHD

PENDING SALES (Sept 21-27, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #88 $149,000 2 2 836 CONDO 15
4000 CARMAN DR #33 $165,000 2 2 1100 ATTACHD 3
4 Touchstone #155 $168,000 3 2.1 1351 CONDO 4
5225 JEAN RD #201 $224,900 3 2 1500 CONDO 34
5835 CARMAN DR $273,900 2 2.1 1650 DETACHD 20
4405 THUNDER VISTA LN $275,000 2 2.1 1922 CONDO 11
4458 THUNDER VISTA LN $279,000 2 2.1 2200 CONDO 76
16200 PACIFIC HWY #22 $299,000 2 2 1190 CONDO 7
4226 WOODSIDE CIR $329,900 3 2 1578 ATTACHD 12
4200 UPPER DR $350,000 3 1 1371 DETACHD 59
16500 LAKE FOREST BLVD $357,500 3 1 960 DETACHD 5
937 OAK ST $439,000 3 3 3153 DETACHD 40
18357 HEATHER ANN CT $439,900 3 2 1832 DETACHD 2
2301 WEMBLEY PARK RD $460,000 3 2.1 1864 DETACHD 17
7 FALSTAFF ST $549,900 5 2.1 2740 DETACHD 11
3232 WEMBLEY PARK RD $549,900 4 3.1 2805 DETACHD 108
4176 UPPER DR $550,000 5 3 2968 DETACHD 59
311 3RD ST $678,988 3 3.1 2123 ATTACHD 18
14036 MAJESTIC CT $695,000 6 3.2 4995 DETACHD 157
1943 INDIAN TRAIL $869,850 3 2.1 2960 DETACHD 4
475 8th ST $979,000 4 2.1 2699 DETACHD
583 2ND ST Upper $1,100,000 2 2.1 2190 CONDO 142
1075 CHANDLER RD $1,975,000 5 4.1 5710 DETACHD 48
16842 ALDER CIR $4,750,000 5 3.2 5144 DETACHD 68

SOLD  (Sept 21-27, 2015)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #51 $90,000 $90,000 1 1 666 CONDO 9
668 MCVEY AVE Grnd $199,900 $189,500 2 1.1 976 CONDO 73
3864 BOTTICELLI ST Main $189,000 $197,000 2 1.1 1132 CONDO 3
200 BURNHAM RD #305 $269,900 $249,900 2 2 1328 CONDO 46
4097 JEFFERSON PKWY $259,000 $260,000 2 2.1 1359 CONDO 6
17872 PILKINGTON RD $254,900 $265,100 3 2 1056 DETACHD 30
17766 MARYLCREEK DR $769,000 $720,000 4 3.1 4439 DETACHD 68
5635 BAY CREEK DR $799,900 $800,000 4 2.1 3036 DETACHD 10
5484 WESTFIELD CT $795,000 $816,000 4 2.1 3062 DETACHD 3
1189 SUNNINGDALE CT $849,000 $831,000 3 2.1 2072 DETACHD 0
815 OAK ST $945,000 $905,000 4 3.1 3709 DETACHD 52
2464 PALISADES CREST DR $1,199,000 $960,000 4 2.1 3897 DETACHD 135
14355 FOSBERG RD $1,100,000 $977,000 5 3.1 5536 DETACHD 0
18347 LOTHLORIEN WAY $1,098,000 $1,000,000 5 3.2 4141 DETACHD 27
17320 LAKE HAVEN DR $1,235,000 $1,100,000 4 3 2703 DETACHD 212
1858 Highland LOOP $1,950,000 $2,350,000 4 4.1 4000 DETACHD

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.