Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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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.

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Market Activity Jan 5-11, 2015

Now that the New Year has gotten off to a pretty good start and we are eagerly looking forward to spring market, lets have a look see at some of our new inventory! As well as many of our pending sales. Looks like condos are doing well! Word on the street (beautiful Lake Oswego streets that is!) that this spring term is shaping up to looking pretty full of activity!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 05-11, 2015)

Address Type Price Bedrooms Bathrooms Sqft
16351 PACIFIC HWY DETACHED 339,900 3 3 1754
578 2ND ST #6 CONDO 425,000 2 2.5 1394
4909 LOWER DR DETACHED 425,000 4 2.5 1992
1033 SPRUCE ST DETACHED 495,000 2 2.5 1562
808 ELLIS AVE DETACHED 514,900 3 2.5 2108
751 BRIERCLIFF LN DETACHED 528,950 4 3 2534
1008 SPRUCE ST DETACHED 535,000 3 2.5 1765
18495 TAMAWAY DR DETACHED 548,000 4 2.5 2680
1119 OAK ST DETACHED 549,900 4 2.5 2123
1011 SPRUCE ST DETACHED 565,000 3 2.5 1930
8 DEL PRADO ST DETACHED 599,900 5 3 3548
19242 INDIAN SPRINGS RD DETACHED 749,900 4 2.5 3365
13643 MELROSE PL DETACHED 839,900 4 4 4146

PENDING SALES (Jan 05-11, 2015)

Address Type Price Bedroom Bathrooms Sqft DOM
47 EAGLE CREST DR #40 CONDO 89,500 1 1 696 51
6 CERVANTES CIR CONDO 139,500 2 1.5 912 77
4077 JEFFERSON PKWAY CONDO 234,500 2 2.5 1462 24
1803 BOCA RATAN DR ATTACHED 297,000 3 2.5 1739 44
18275 TERRY CT DETACHED 309,000 3 1.5 1270 228
6138 SW KENNY ST DETACHED 314,000 3 1.5 1190 5
6101 HARRINGTON AVE DETACHED 364,000 3 2.5 1400 62
852 5TH ST DETACHED 379,000 2 1 738 34
3554 TEMPEST DR DETACHED 449,007 3 2.5 2279 4
17190 ROBB PL DETACHED 450,000 4 3 1896 54
1560 LABURNUM WAY DETACHED 499,900 3 2 1773 1
3254 DUNCAN DR DETACHED 499,999 4 3.5 3997 499
12 SCARBOROUGH DR DETACHED 499,999 4 2.5 2943 187
14353 HOLLY SPRINGS RD CONDO 525,000 4 3 2238 129
909 LAKE FRONT RD DETACHED 565,000 4 3 2916 481
3700 MARQUIS CT DETACHED 919,900 4 2.5 4251 69

SOLD (Jan 05-11, 2015)

Address Type List Price Close Price Sqft DOM
4619 LAKEVIEW BLVD D-3 CONDO 92,000 91,500 753 28
86 KINGSGATE RD C203 CONDO 139,500 139,500 924 4
4000 CARMAN DR #5 CONDO 145,000 145,500 1361 4
4089 JEFFERSON PKWY CONDO 199,950 207,500 1361 8
5344 TUALATA CT DETACHED 349,355 344,927 1263 45
571 2ND ST CONDO 589,500 589,500 1561 18
17410 UPPER CHERRY LN DETACHED 898,000 725,000 4586 141
3100 WESTVIEW CT DETACHED 929,000 880,000 3750 17

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 Dec 22-28, 2014

You’d think the real estate market would have been slow and quiet last week due to the holidays, but nope, it was rather busy. Just 4 houses came onto the market, but 16 went pending (yep, people out looking at houses and not rushing home to carve the turkey), and 10 houses became closed sales.

I don’t recall a Christmas with this many pending sales. I too had an active buyer last week. With inventory a bit down right now, there are just not a lot of houses to choose from. We encountered 3 different houses they were interested in last week and all 3 had multiple offers. We were able to put a deal together on the one that was their top choice, but it really surprised me that the week of Christmas was that competitive. It makes me feel that perhaps our spring market will start early.

New Listings December 22-28, 2014

4765 Firwood Rd, Detached, 3 BR, 2 Baths, 1728SF, $325,000

14 Hotspur, Detached, 4 BR, 2.5 Baths, 2726SF, $599,900

17838 Marylcreek Dr, Detached, 4 BR, 3.5 Baths, 4317SF, $750,000

159 5th ST, Detached, 4 BR, 3 Baths, 2970SF, $895,000

Pending Sales December 22-28, 2014

43 Crestfield Ct, Condo, 2 BR, 1 Bath, 923SF, $101,000, 64 DOM

3930 Lake Grove Ave, Detached, 2 BR, 1 Bath, 952SF, $139,900, 36 DOM

40 Oswego Summit, Condo, 2 BR, 2 Baths, 1140SF, $151,900, 224 DOM

76 Galen Rd, Condo, 2 BR, 2 Baths, 989SF, $166,900, 46 DOM

9765 Firwood Rd, Detached, 3 BR, 2 Baths, 1728SF, $325,000, 3 DOM

5275 Oakridge Rd, Detached, 3 BR, 1 Bath, 1267SF, $349,900, 22 DOM

1075 Oak Terrace, Detached, 3 BR, 2 Baths, 1356SF, $349,900, 29 DOM

4631 Wildwood St, Detached, 3 BR, 2 Baths, 1650SF, $374,900, 120 DOM

5907 Fernbrook Circle, Detached, 5 BR, 2 Baths, 1892SF, $399,900, 175 DOM

4940 Centerwood St, Detached, 4 BR, 2.5 Baths, 2093SF, $425,000, 3 DOM

533 2nd St, Condo, 2 BR, 2 Baths, 1274SF, $465,000, 46 DOM

2751 Summit Dr, Detached, 3 BR, 2 Baths, 2418SF, $658,950, 145 DOM

27 Berwick Rd, Detached, 5 BR, 3 Baths, 2968SF, $715,000, 2 DOM

18177 Delenka Ln, Detached, 5 BR, 2.5+.5 Baths, 3802SF, $830,000, 131 DOM

1267 Cherry Ln, Detached, 4 BR, 2 Baths, 3311SF, $849,000, 259 DOM

179 Furnace St, Condo, 3 BR, 3.5 Baths, 4784SF, $1,698,000, 47 DOM

Closed Sales December 22-28, 2014

4610 Lower Dr, Condo, List $114,900, Closed $114,900, 1260SF, 46 DOM

129 Kingsgate Rd, Detached, List $300,000, Closed $300,000, 1604SF, 381 DOM

1437 Oak St, Detached, List $349,000, Closed $358,000, 1070SF, 4 DOM

1405 Cedar St, Detached, List $375,000, Closed $395,000, 2570SF, 3 DOM

1318 Laurel St, Detached, List $439,900, Closed $440,000, 1649SF, 2 DOM

1045 Bullock St, Detached, List $568,000, Closed $559,000, 2105SF, 11 DOM

5726 Charles Circle, Detached, List $718,000, Closed $692,500, 3173SF, 104 DOM

1525 Maple St, Detached, List $899,000, Closed $780,000, 2815SF, 153 DOM

3600 Southshore Blvd, Detached, List $849,900, Closed $785,000, 2117SF, 83 DOM

3140 Childs Rd, Detached, List $1,950,000, Closed $1,695,000, 298 DOM

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 ~ 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.

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Market Activity Dec 1-7, 2014

As much as there is a myth that houses don’t sell during the holidays, last week’s market activity shows that it is, in fact, a myth. In Lake Oswego there were 12 new listings, 9 homes that became pending sales, and 16 homes that became closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 1-7, 2014)

Address Type Price BR Bths SF
86 Kingsgate Rd H102 Condo $136,900 2 2 849
4000 Carman Dr #23 Condo $156,500 2 2 866
210 State St Condo $175,000 2 1 1284
4089 Jefferson Pkwy Condo $199,950 2 2.5 1361
852 5th St Detached $379,000 2 1 738
6 Gershwin Ct Detached $379,000 5 3 2416
4504 Wildwood St Detached $399,000 3 2 1655
17251 Greentree Ave Detached $414,950 4 2.5 2728
13721 Regency Ct Detached $509,500 3 2.5 2311
14372 Camden Ln Detached $519,900 3 2.5 2348
2286 Wembley Park Rd Detached $774,999 3 3 2000
3100 Westview Ct Detached $929,000 4 3.5 3750
18024 Eastridge Ln Detached $1,498,800 4 3.5 4526

Pending Sales (Dec 1-7, 2014)

Address Type Price BR Baths SF DOM
18 Oswego Summit Condo $54,900 1 1 764 176
15938 Quarry Rd 1A Condo $149,000 2 1 991 8
6360 McEwan Detached $319,888 3 1.5 1450 53
5344 Tualata Ct Detached $339,827 3 2 1283 45
16987 Alder Circle Detached $395,950 3 2 1713 4
1868 Kilkenny Dr Detached $535,000 3 2.5 2300 83
754 5th St Detached $755,000 3 3 2179 91
18224 Bella Terra Dr Detached $1,195,000 4 3.5 4050 146
1968 Cheryl Ct Detached $1,495,000 4 4.5+.5+.5 6153 11

Sold/Closed (Dec 1-7, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4 Touchstone #76 Condo $124,000 $119,000 984 43
98 Oswego Summit Condo $146,000 $136,000 1140 152
4470 Chapman Way Detached $360,000 $347,500 2125 174
528 2nd St Attached $439,500 $428,000 1,703 16
377 Livingood Ln Detached $400,000 $429,000 2409 3
5978 Fernbrook Circle Detached $449,900 $442,000 1612 12
1765 Conifer Dr Detached $475,000 $448,000 2330 127
201 Ridgeway Rd Detached $589,000 $589,000 2327 86
17601 Woodhurst Pl Detached $675,000 $650,000 3179 80
3075 Tolkien Ln Detached $649,000 $660,000 2667 9
4090 Westbay Rd Detached $749,900 $719,000 2078 59
14144 Goodall Rd Detached $849,000 $765,000 3499 298
15444 Boones Way Attached $850,000 $820,000 3464 4
841 Northshore Rd Detached $949,850 $865,000 2388 140
925 Iron Mountain Blvd Detached $1,119,000 $1,020,000 3555 119
907 Terrace Dr Detached $1,795,000 $1,900,000 6919 572

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 24-30, 2014

snowflake_lgGreetings, 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.

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Market Activity Nov 10-16, 2014

Last week in Lake Oswego had some interesting data. There were 11 new listings, 22 pending sales, and just 8 closed sales. What I find interesting is the large number of pendings compared to the new listings. It’s obvious that those who are in the mood to buy want to move in before Christmas, and those who want to sell are not is no much of a hurry with the holidays at hand. Also of note is the short market time of the pending sales. This next week or two will be a good time to list a home for sale to take advantage of the pre-holiday rush.

Following is the breakdown for you according to RMLS:

New on the Market (Nov 10-16, 2014)

Address Type Price BR Bths SF
13188 Vermeer Dr Detached $450,000 3 2.5 1854
17190 Robb Pl Detached $450,000 4 3 1896
16201 Lake Forest Blvd Detached $464,900 3 2.5 2780
17380 Canyon Dr Detached $550,000 4 2.5 2526
1045 Bullock St Detached $568,000 3 2.5 2105
1744 Fern Pl Detached $599,000 4 2.5 2110
1607 Pine St Detached $599,960 4 2.5 2943
12511 Shelby Ct Detached $649,900 5 3.5 3675
1785 Palisades Terrace Dr Detached $799,000 5 4.5 5052
15444 Boones Way Attached $850,000 3 2.5 3464
12975 Elk Rock Rd Detached $1,000,000 5 3.5 3878

Pending Sales (Nov 10-16, 2014)

Address Type Price BR Baths SF DOM
4610 Lower Dr Condo $114,900 2 1.5 1260 46
4636 Lower Dr B-1 Condo $128,000 2 1.5 1170 9
86 Kingsgate Rd C203 Condo $139,500 2 2 924 4
3826 Botticelli St Condo $174,900 2 2 1055 56
113 Touchstone Terr Attached $293,000 3 2.5 2104 5
16875 Tracy Ave Detached $299,900 4 2 1825 114
706 5th St Detached $300,000 4 2 1824 16
4724 Firwood Rd Detached $329,000 3 1.5 1240 5
21 Summit Ridge Ct Attached $339,000 2 2.5 1654 16
1437 Oak St Detached $349,000 3 1 1070 4
6101 Harrington Ave Detached $359,000 3 2.5 1400 5
16266 Lake Forest Blvd Detached $369,900 3 2 1860 146
1878 Mapleleaf Rd Detached $395,000 3 1.5 1347 41
5978 Fernbrook Circle Detached $449,900 4 2.5 1612 12
205 Hidalgo St Detached $459,900 3 3.5 3032 131
37 Churchill Downs Detached $470,000 3 2.5 2372 4
12 Scarborough Dr Detached $525,000 4 2.5 2943 139
2671 Glen Eagles Rd Detached $850,000 3 3 4019 179
17547 Cherry Ct Detached $998,850 4 3.5 3737 337
19354 Lorna Ln Detached $1,049,988 5 3.5 4169 403
14084 Goodall Rd Detached $1,195,000 5 5.5 5399 73
3140 Childs Rd Detached $1,695,000 5 5.5 6449 298

Sold/Closed (Nov 10-16, 2014)

Address Type List Price Closed Price Sq Ft CDOM
94 Oswego Summit Condo $123,500 $117,500 1140 2
6928 Montauk Circle Condo $125,000 $125,000 960 21
5959 Dove Ct Detached $379,900 $380,000 1552 6
6158 Frost Ln Detached $464,900 $460,000 2,109 32
16942 Cherry Crest Dr Detached $475,000 $465,000 2363 28
4726 Cambridge Ct Attached $595,000 $581,000 2865 9
14220 Bridge Ct Detached $750,000 $689,000 3419 37
3411 Lake Grove Ave Detached $999,999 $1,000,000 4434 177

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

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)
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Market Activity Oct 20-26, 2014

The fall market is moving right along with 17 new listings, 12 pending sales, and 20 sold/closed homes last week.

Following is the breakdown for you according to RMLS:

New on Market (Oct 20-26, 2014)

Address Type Price BR Bths SF
4619 Lakeview Blvd D-3 Condo $92,000 1 1 753
43 Crestfield Ct Condo $107,500 2 1 923
3930 Lake Grove Ave 1A Condo $128,500 2 1 952
6 Cervantes Circle Condo $145,000 2 1.5 912
3433 Mcnary Pkwy #303 Condo $150,000 2 2.5 1208
4 Touchstone Dr #99 Condo $159,000 2 2 984
246 Ridgeway Rd 17B Condo $160,000 1 1 753
3986 Carman Dr Condo $209,900 2 2.5 1107
16735 Lake Forest Blvd Detached $299,900 3 2 1192
1743 Aspen Ct Detached $336,900 3 2 1341
528 2nd St Attached $439,500 2 2.5 1703
1710 Glenmorrie Terrace Detached $549,900 4 3 2865
5020 Hampton Ct Detached $598,000 3 2.5 2253
15180 Boones Way Detached $615,000 6 3.5 3905
5488 Southwood Dr Detached $799,000 4 2.5 3280
1168 Andrews Rd #1 Detached $1,295,000-$1,495,000 5 5.5+.5 4700
1168 Andrews Rd #2 Detached $1,295,000-$1,495,000 5 5.5+.5 4700

Pending Sales (Oct 20-26, 2014)

Address Type Price BR Baths SF DOM
44 Eagle Crest Dr #15 Condo $89,900 1 1 798 197
4 Touchstone #76 Condo $124,000 2 2 984 43
4 Touchstone #110 Condo $149,000 2 2 989 85
45 Eagle Crest Dr #409 Condo $155,000 2 2 1214 4
18543 Don Lee Way Detached $250,000 3 1 924 49
5326 W Sunset Dr Detached $259,900 1 1 754 3
4180 Collins Way Detached $280,000 2 1.5 1236 268
16200 Pacific Hwy #35 Condo $295,000 2 2 1208 268
4630 Wildwood St Detached $459,900 3 2 2067 6
886 9th St Detached $465,000 2 1 860 3
17601 Woodhurst Pl Detached $650,000 3 2.5 3179 80
16650 Fir Ln Detached $1,279,000 4 3.5 3860 57

Sold/Closed (Oct 20-26, 2014)

Address Type List Price Closed Price Sq Ft CDOM
44 Eagle Crest Dr #41 Condo $126,900 $111,000 908 421
5713 Kenny St Detached $349,000 $325,000 1384 31
16902 Chapin Way Detached $449,900 $440,000 1993 4
5222 Carman Dr Detached $474,900 $448,000 2,543 173
17688 Cardinal Ct Detached $459,000 $459,000 1970 14
960 9th ST Detached $475,000 $460,000 1509 63
16919 Lakeridge Dr Detached $525,000 $507,000 2710 80
13448 Auburn Ct Attached $525,000 $520,000 2535 4
4821 Dawn Ave Detached $599,000 $600,000 1854 5
2823 Glen Haven Rd Detached $749,900 $699,000 3015 8
5005 Dogwood Dr Detached $779,000 $753,000 4156 71
2175 Crest Dr Detached $799,900 $799,900 2950 20
14128 Goodall Rd Detached $869,000 $825,000 2960 118
814 Lake Shore Rd Detached $899,000.00 $885,000 1972 78
2943 Lakeview Blvd Detached $979,900 $950,000 3794 419
1045 Skyland Dr Detached $1,250,000 $1,255,000 3942 2
1103 Lake Shore Rd Detached $1,320,000 $1,320,000 3747 112
16525 Maple Circle Detached $1,450,000 $1,340,000 3443 287
1880 Crest Dr Detached $1,650,000 $1,375,000 2800 23
1400 Ridgecrest Dr Detached $1,649,500 $1,500,000 3859 15

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 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 for September are in. Overall numbers are down from August and up from last year

According to the RMLS Market Action Report for the Portland Metro Area  September, 2014:

  • At 2,378, September Closed Sales dropped 8% from the month prior (August), and/but were up a full 10.2% from September of 2013’s 2,158 .
  • There were 3,102 New Listings in September which was 6.1% higher than September 2013, but down 13.4% from the month prior.
  • The Average Sale Price in September of $338,100 was down $1,900 from the month prior. The first nine months of 2014 are logging an Average Sale Price of $333,000, which is up 7.4% over the same time period in 2013.
  • September Pending Sales (accepted offers), at 2,551, were down 5.7%  from the month prior.  That said, the Pending sales for September are up a full 15% over September 2013. ***This was the strongest September for Pending sales since 2006 when there were 2,599!

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In Lake Oswego and West Lin steady activity with all numbers down slightly from August, and/but the Average Sale Price rising by $16,400… and interestingly, Average Time on the Market going from 57 to 100 days (that’s quite a jump!)

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

    • 501 Active Listings  (August was 531)
    • 177 New Listings  (August was 185)
    • 130 Pending Sales  (August was 148)
    • 140 Closed Sales  (August was 134)
    • An Average Sale Price of $536,600.  (August was $520,200)
    • Average Time on the Market: 100 Days  (August was 57)