Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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Market Activity ~ Oct 13-19, 2014

Hello to each of our Property Blotter readers from the big, happy family here at the Blotter! We’re all still amazingly busy, and/but as I said before, Fall is in the air. Peoples’ attention wanders… Halloween, Thanksgiving, and yes… that other big holiday are on everyones’ minds. Yet, Fall and Winter can be fantastic times to buy a home. People with their homes on the market generally really want to sell. If you’re selling, people looking at this time of year really tend to be serious about buying!

Here is your Latest Market Data: Last week in Lake Oswego we saw 16 New properties enter the market, 22 move to Pending status, and 14 “Closed”/Sold! Interestingly, 11 out of those 22 New ones are Condos or Townhomes.

Ok, Linda here signing off/running out the door to help more clients!
Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 13-19, 2014)

Address List Price # Beds # Baths Total SF Prop Type
169 OSWEGO SMT #169 $109,000 2 2 1330 CONDO
103 OSWEGO SMT $110,000 2 1.1 1116 CONDO
120 OSWEGO SMT $134,900 2 2 1140 CONDO
44 EAGLE CREST DR #11 $139,000 3 2 1085 CONDO
4000 CARMAN DR #55 $149,900 2 2 866 CONDO
45 EAGLE CREST DR #409 $155,000 2 2 1214 CONDO
526 S STATE ST $169,900 2 1 914 CONDO
5063 Foothills DR $199,000 2 2 991 CONDO
1349 BONNIEBRAE DR $239,000 3 1.1 1303 ATTACHD
16250 PACIFIC HWY #75 $245,000 3 2 1626 CONDO
7 PEACOCK PL $329,900 3 2.1 1400 DETACHD
92 GREENRIDGE CT #92 $348,000 3 2.1 1980 ATTACHD
5344 TUALATA CT $349,355 3 2 1263 DETACHD
4972 GALEN ST $525,000 3 3 1942 ATTACHD
4726 CAMBRIDGE CT $595,000 3 2.1 2865 ATTACHD
2484 MARYLSHIRE LN $849,000 4 3.1 4353 DETACHD

PENDING SALES (Oct 13-19, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
87 OSWEGO SMT $79,000 2 1.1 1116 CONDO 104
5060 FOOTHILLS DR $240,000 3 2 1252 CONDO 2
17299 LAKE HAVEN DR $275,000 3 1 925 DETACHD 2
1 PEACOCK PL $309,000 3 2.1 1248 DETACHD 92
200 BURNHAM RD #211 $339,900 3 2 1862 CONDO 85
1812 FERNWOOD DR $369,000 3 1.1 1401 DETACHD 17
1405 CEDAR ST $375,000 4 2 2570 DETACHD 3
20 AQUINAS ST $389,000 4 2.1 1814 DETACHD 33
4208 HARVEY WAY $399,900 4 2 2132 DETACHD 87
6550 CHILDS RD $400,000 2 2 1346 DETACHD 9
3061 DORIS CT $429,900 5 2 2684 DETACHD 68
3225 TEMPEST DR $448,000 3 2.1 2231 DETACHD 106
18840 RIVENDELL CT $449,900 4 3 3060 DETACHD 72
629 5TH ST $469,000 2 1 1122 DETACHD 118
132 MIDDLECREST RD $495,000 4 2 1617 DETACHD 0
4125 WOLF BERRY CT $529,900 4 2.1 2824 DETACHD 1
2 Walking Woods DR $593,950 5 3 4116 DETACHD 91
3075 TOLKIEN LN $649,000 3 2.1 2667 DETACHD 9
17410 UPPER CHERRY LN $739,000 4 3.2 4586 DETACHD 141
754 5TH ST $755,000 3 3 2179 DETACHD 42
19463 LORNA LN $899,500 4 3.1 4055 DETACHD 429
17335 KELOK RD $950,000 4 3.1 2491 DETACHD 89

SOLD  (Oct 13-19, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #91 $122,500 $119,700 2 2 984 CONDO 23
155 OSWEGO SMT $199,900 $120,460 2 2 1506 CONDO 241
1818 COUNTRY CLUB RD $299,999 $300,000 4 2 2032 DETACHD 3
23 FALSTAFF ST $349,500 $322,500 3 2 1434 DETACHD 58
139 DEL PRADO ST $429,000 $382,500 4 2 2967 DETACHD 116
76 TOUCHSTONE $479,000 $400,000 5 2.1 2856 DETACHD 73
19040 INDIAN SPRINGS CIR $509,900 $505,000 4 3 2900 DETACHD 3
32 DEL PRADO ST $529,900 $512,000 5 3 3696 DETACHD 16
2626 PARK RD $537,500 $537,500 4 3 2475 DETACHD 5
14253 KIMBERLY CIR $700,000 $705,000 4 3.1 3592 DETACHD 0
3894 TAMARACK LN $825,000 $825,000 4 3.1 4035 DETACHD 39
13888 GOODALL RD $1,379,000 $1,265,000 4 3.1 4435 DETACHD 265
1633 LESLIE LN $1,850,000 $1,750,000 5 4.1 5921 DETACHD 88
17301 Canal CIR $1,999,999 $1,850,000 5 4.1 3843 DETACHD 89

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 29-Oct 5, 2014

After a bit of a dip with the start of school, last week’s activity picked up again. We had 17 new listings, 19 pending sales, and 25 closed/sold properties. Those are strong numbers as we head into fall.

Following is the breakdown according to RMLS:

New on Market (Sept 29-Oct 5, 2014)

Address Type Price BR Bths SF
48 Eagle Crest Dr 2C Condo $150,000 3 2 1623
15220 Boones Way 1C Condo $173,500 2 2 1266
16442 Kimball St Detached $350,000 3 1 1200
1812 Fernwood Dr Detached $369,000 3 1.5 1401
5959 Dove Ct Detached $379,900 2 2 1552
5185 Carman Dr Detached $389,000 3 1.5 1848
1878 Mapleleaf Rd Detached $399,900 3 1.5 1347
4670 Lower Dr Detached $414,900 3 2.5 1587
17749 Leafy Ln Detached $624,900 4 3 3300
1890 Crest Dr Detached $769,000 3 2.5 2782
5055 Lakeview Blvd Detached $890,000 4 3.5 3498
18400 Delenka Ln Detached $929,555 5 3.5 5183
1471 Woodland Terr Detached $959,000 5 4.5 5362
17540 Ridgeview Ln Detached $1,255,000 4 3.5 4345
635 Iron Mountain Blvd Detached $1,599,000 6 3.5 4736
420 Ridgeway Rd Detached $2,299,000 4 4 3202

Pending Sales (Sept 29-Oct 5, 2014)

Address Type Price BR Baths SF DOM
45 Eagle Crest Dr #218 Condo $135,000 1 1 768 142
5530 Bonita Rd Detached $269,900 3 1.5 1200 32
8 Britten Ct Attached $274,900 2 2 1175 4
5665 Washington Ct Detached $324,000 3 2 1928 101
6262 Wayzatqa Ct Detached $328,950 3 1.5 1276 15
27 Oriole Ln Detached $425,500 4 2.5 1851 6
137 Kingsgate Rd Detached $446,000 3 2.5 2372 2
15480 Heritage Ct Detached $469,900 4 2.5 2432 2
17554 Blue Heron Way Detached $475,000 4 3 2000 0
1001 Bullock St Detached $475,000 3 2 2008 50
1110 Hallinan Circle Detached $479,000 4 3.5 3824 286
2425 Glen Haven Rd Detached $499,900 4 2.5 2231 3
5440 Bay Creek Dr Detached $529,900 3 2.5 2442 74
24 Morningview Circle Detached $535,000 4 3.5 2817 13
17941 Meadowlark Ln Detached $575,000 4 3.5 3905 24
16342 Ivy Ln Detached $669,900 5 3.5 4645 57
754 5th St Detached $755,000 3 3 2179 30
14144 Goodall Rd Detached $765,000 4 3 3499 298
2031 Lilli Ln Detached $779,995 3 3.5 3418 14

SOLD (Sept 29-Oct 5, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4000 Carman Dr #28 Condo $144,000 $142,000 884 25
5225 Jean Rd #605 Condo $199,900 $195,000 1400 32
5061 Foothills Dr G Condo $199,900 $198,500 991 7
1531 Cedar St Detached $264,900 $250,000 832 18
1018 Spruce St Detached $279,000 $272,425 906 2
432 5th ST #1 Condo $299,000 $275,000 1092 57
4271 Woodside Circle Attached $360,000 $340,000 2126 360
16 Polonius St Detached $434,900 $394,500 2588 147
13371 Peters Rd Detached $430,000 $397,600 2340 62
2944 Dellwood Dr Detached $425,000 $405,000 2152 73
529 2nd St Condo $450,000 $437,500 1339 75
32 Northview Ct Attached $475,000 $442,000 3063 117
2 Morningview Circle Detached $489,000 $450,000 2954 89
1023 Gans St Detached $495,000 $455,000 2770 3
1638 Pine St Detached $494,000 $479,000 3160 222
16901 Lakeridge Dr Detached $545,000 $486,500 2080 3
2195 Glenmorrie Ln Detached $535,000 $511,000 2461 104
4250 Haven St Detached $499,900 $525,000 1924 1
100 D Ave E Attached $539,000 $540,000 1847 7
1936 Palisades Lake Ct Detached $699,000 $640,000 3939 65
18020 Skyland Circle Detached $823,500 $775,000 3210 43
17643 Kelok Rd Detached $1,198,000 $932,500 2390 92
19363 Riverwood Ln Detached $719,000 $940,000 2984 783
744 9th St Detached $1,239,000 $1,142,058 4255 46
616 Cabana Ln Detached $2,895,000 $2,550,000 3800 39

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 15 – 21, 2014

It has been a busy week in Lake Oswego, many homes have come and gone. Here is an update for the new homes as well as those pending and those that have sold.
16 new listings
23 pending listings
26 sold

Following is the breakdown according to RMLS:

New on the Market (Sept 15-21, 2014)

Address Type Price Bedrooms Bathrooms Sqft
6928 Montauk Cir Condo 125,000 2 1 960
Botticelli St Condo 179900 2 2 1055
6262 Wayzata CT Detached 328950 3 1.5 1276
5281 Chinook CT Detached 359900 3 2 1471
47 Oriole Ln Detached 399500 3 2.5 1758
939 Devon Ln Detached 399900 3 2 2165
4242 Cobb Way Detached 449800 3 2 1589
4636 Auburn Ln Detached 499900 3 3.5 2732
24 Morningview Ct Detached 535000 4 3.5 2817
17680 Blue Heron Way Detached 649900 4 2.5 2363
2031 Lilli Ln Detached 779995 3 3.5 3418
4055 Orchard Dr Detached 785000 4 3.5 3350
12810 Alto Park Rd Detached 944000 5 3.5 4160
1495 Country Club Rd Detached 1250000 4 2.5 4028
17138 Cedar Rd Detached 1569000 3 3.5 3017
13286 Goodall Rd Detached 1750000 5 5.5 + .5 6819

Pending Sales (Sept 15-25, 2014)

Address Type Price Bedroom Bathrooms Sqft DOM
155 Oswego Smt Condo 199900 2 2 1506 241
2 The Grotto Detached 315000 2 2 1156 34
139 Del Prado St Detached 399000 4 2 2967 116
16 Polonius ST Detached 400000 3 2.5 2588 147
377 Livingood Ln Detached 400000 3 2.5 2409 3
5795 Langford Ln Detached 415000 2 2 1687 4
995 Southshore Blvd Detached 459900 5 2 2571 155
3718 Lake Grove Ave Detached 469900 4 3 2523 115
5222 Carman Dr Detached 474900 3 2 2543 173
5023 Hampton CT Detached 494900 3 2 2284 151
16901 Lakeridge Dr Detached 499000 4 3 2080 104
2802 Greentree Rd Detached 499500 3 2 2548 45
17336 Canyon Ct Detached 549000 4 3 3081 198
18910 Terry Ave Detached 597700 4 4.5 4290 73
4821 Dawn Ave Detached 599000 3 2 1854 5
3894 Tamarack Ln Detached 825000 4 3.5 4035 39
14128 Goodall Rd Detached 839000 4 2.5 2960 118
502 Northshore Rd Detached 849000 3 3 2834 7
16525 Maple Cir Detached 1395000 3 3.5 3443 287
1103 Lake Shore Rd Detached 1395000 4 3 3747 112
199 Eurnace St Detached 1950000 3 3.5 5772 63
2015 Strt of Dreams Lot 7 Detached 1950000 4 4.5 4000 0
17301 Canal Cir Detached 1999999 5 4.5 3843 89

Sold/Closed (Sept 15-21, 2014)

Address Type List Price Close Price Sqft DOM
1720 Bonniebrae Dr Attached 287500 287000 1611 66
4291 Woodside Cir Attached 325000 315000 2026 49
1795 Fernwood Dr Detached 339900 325000 1220 17
5010 Oakridge Rd Detached 317500 328000 1182 4
1310 Oak Ter Detached 379000 372000 900 17
15 Touchstone Detached 425000 425000 2276 34
18929 Longfellow Ave Detached 446000 446000 1800 7
17441 Cardinal Dr Detached 449500 457500 1836 2
18893 Indian Springs Cir Detached 549000 460000 2841 132
4575 Oakridge Rd Attached 460000 465000 1927 49
23 Touchstone Detached 525000 475000 3144 81
17187 Carlson Ct Detached 495000 485000 2082 10
5101 Dawn Ave Detached 510000 487500 2700 260
1282 Hide A Way Ln Detached 560000 515000 3300 65
4311 Orchard Way Detached 549900 520000 3010 227
1286 Larch St Detached 600000 525000 2410 97
4105 Wood Hill Ct Detached 699900 600000 3154 75
3333 Royce Way Detached 609007 614999 2697 295
1403 Greentree Cir Detached 669000 635000 4047 47
435 8th St Detached 759000 660000 2394 116
1640 Oak St Detached 695000 665000 3301 186
543 2nd Ave Condo 686000 670000 1816 69
14150 Amberwood Cir Detached 675000 675000 2500 14
2630 Rivendell Rd Detached 769900 690000 4611 413
658 1st St Detached 699000 699000 3359 3
13777 Cameo Ct Detached 1700000 1585000 7300 38

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 8-14, 2014

It certainly feels like the waning days of summer with the crisp fell of fall in the evening air. Our market continues to be strong, although less active as it was over the summer. Last week in Lake Oswego we had 20 new listings, 17 houses go into pending status and 7 sold/closed sales.

Following is the breakdown according to RMLS:

New on the Market (Sept 8-14, 2014)

Address Type Price BR Bths SF
4 Touchstone #76 Condo $124,000 2 2 984
10 Cervantes Circle Condo $149,900 2 1.5 912
1531 Boca Ratan Dr Attached $289,000 3 2 1755
468 5th St Condo $310,000 2 1.5 1092
20 Aquinas St Detached $410,000 4 2.5 1814
143 Kingsgate Rd Detached $469,000 3 2 2618
804 2nd St Attached $505,000 4 3 3548
2626 Park Rd Detached $537,500 4 3 2475
1868 Kilkenny Dr Detached $550,000 3 2.5 2500
17102 Campus Way Detached $575,000 4 3 2626
17941 Meadowlark Ln Detached $579,000 4 3.5 3905
4821 Dawn Ave Detached $599,000 3 2 1854
17704 Treetop Ln Detached $695,000 5 3.5 3975
2823 Glen Haven Rd Detached $749,900 5 4 3015
14220 Bridge Ct Detached $750,000 4 2.5 3419
1623 Glenmorrie Dr Detached $850,000 5 4.5 5656
16342 Ivy Ln Detached $939,900 5 3.5 4645
2543 Palisades Crest Detached $998,900 3 2.5+.5 4141
1880 Crest Dr Detached $1,650,000 3 3 2800
1150 Fairway Rd Detached $3,750,000 5 5.5 8527

Pending Sales (Sept 8-14, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #91 Condo $122,500 2 2 984 23
86 Kingsgate Rd C102 Condo $131,000 2 2 924 4
4000 Carman Dr #28 Condo $144,000 2 2 884 4
200 Burnham Rd #301 Condo $159,000 1 1 948 22
5058 Foothills Dr A Condo $239,900 2 2 1252 12
18660 Don Lee Way Detached $259,900 3 1 946 35
18852 Longfellow Ave Detached $309,900 3 1.5 1232 49
14594 Wilmot Way Detached $420,000 3 2.5 1710 0
17688 Cardinal Ct Detached $459,000 3 3 1970 14
13448 Auburn Ct Attached $525,000 3 2.5 2535 4
100 D Ave Attached $539,000 2 2.5 1847 7
754 5th St Detached $770,000 3 3 2179 9
2175 Crest Dr Detached $799,900 3 3 2950 20
814 Lake Shore Rd Detached $899,000 3 2.5 1972 78
2943 Lakeview Blvd Detached $979,900 4 3 3794 419
744 9th St Detached $1,239,000 4 3.5 4255 46
17442 Ridgeview Ln Detached $1,325,000 4 3.5+.5 5036 198

Sold/Closed (Sept 8-14, 2014)

Address Type List Price Closed Price Sq Ft CDOM
6360 McEwan Rd Detached $275,500 $260,000 1450 83
827 5th St Detached $689,000 $659,000 2124 50
17288 Lowenberg Ter Detached $875,000 $847,000 3467 22
16672 Fir Ln Detached $899,000 $905,000 4,179 119
1776 Oak St Detached $925,000 $910,000 4012 5
590 Oak Meadow Dr Detached $1,249,000 $1,249,000 4673 5
16775 Graef Circle Detached $1,450,000 $1,400,000 2448 52

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 for August are in. There’s a mixed bag of improvement generally over last year, and/but continued slowing in August, as in July, from the months prior.

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

  • At 2,586, August Closed Sales dropped 3.4% from the month prior (July), and 1.4% from August of 2013.
  • There were 3,581 New Listings in August which was 4.6% higher than August 2013, but down a whopping 9.4% from the month prior.
  • The Average Sale Price in August of $340,000 was down exactly $4,470 from the month prior. The first eight months of 2014 are logging an Average Sale Price of $332,600, which is up 7.6% over the same time period in 2013.
  • August Pending Sales (accepted offers), at 2,704, were down 3.5%  from the month prior. They were also slowing in July, which indicates fewer offers being made. That said, the Pending sales for August are up 3.4% over August 2013 .

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In Lake Oswego and West Linn we have some slowing in New Listings from July, and exactly the same number of Pending Listings…which is interesting :  )  The number for Closed Sales (how many were actually completed during August) is down a bit. The number of days it is taking for a property to sell is shrinking… which is a Good thing! As always, the Average Sale Price is higher than Portland Metro numbers. This is because of the percentage of high dollar homes, and does not mean that you can’t find reasonably priced homes here as you can see from our weekly Market Activity Reports.

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

    • 531Active Listings
    • 185 New Listings
    • 148 Pending Sales
    • 134 Closed Sales
    • An average Sale Price of $520,200.
    • Average Time on the Market: 57 Days
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Market Activity ~ Sept 1-7, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 15 New properties enter the market, 24 move to Pending status, and 14 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on Mkt (Sept 1-7, 2014)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #C37 $139,900 1 1 836 CONDO
18543 DON LEE WAY $260,000 3 1 924 DETACHD
16250 PACIFIC HWY #59 $269,900 2 2 1380 CONDO
38 WHEATHERSTONE $290,000 3 2.1 1692 ATTACHD
1 EAGLE CREST DR $326,000 3 2 1265 DETACHD
1190 OAK TER $375,000 4 2 1534 DETACHD
15985 LAKE FOREST BLVD $379,000 3 2 1530 DETACHD
321 CERVANTES $399,950 3 2.1 2474 CONDO
6158 FROST LN $464,900 3 2.1 2109 DETACHD
14353 HOLLY SPRINGS RD $525,000 4 3 2238 CONDO
1653 DEVON LN $559,000 4 3 3181 DETACHD
754 5TH ST $770,000 3 3 2179 DETACHD
14084 GOODALL RD $1,295,000 5 5.1 5399 DETACHD
6 2015 Street of Dream 1600000 – 1900000 3 4.1 4200 DETACHD
1854 OAK KNOLL CT $1,995,000 3 3 3351 DETACHD

PENDING SALES (Sept 1-7, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
5061 FOOTHILLS DR #G $199,900 2 2 991 CONDO 7
5225 JEAN RD #605 $199,900 2 2 1400 CONDO 32
1531 CEDAR ST $264,900 2 1 832 DETACHD 18
5530 BONITA RD $269,900 3 1.1 1200 DETACHD 3
1018 SPRUCE ST $279,000 2 1 906 DETACHD 2
18325 SW 65TH AVE $287,500 3 1.1 1071 DETACHD 67
1818 COUNTRY CLUB RD $299,999 4 2 2032 DETACHD 3
1180 OXFORD DR $329,900 3 3 1760 DETACHD 11
19180 INDIAN CREEK AVE $365,000 4 3 2392 DETACHD 12
17226 TUALATIN ST $398,000 4 2.1 1942 DETACHD 34
13371 PETERS RD $407,000 3 2.1 2340 DETACHD 62
2944 DELLWOOD DR $425,000 3 3 2152 DETACHD 73
1310 LEE ST $425,000 3 2 2344 DETACHD 19
38 Northview CT $437,500 4 4 3125 ATTACHD 140
76 TOUCHSTONE $439,000 5 2.1 2856 DETACHD 73
529 2nd ST /Grnd Lvl $450,000 2 2 1339 CONDO 75
1638 PINE ST $479,000 5 2 3160 DETACHD 222
2 MORNINGVIEW CIR $489,000 3 2.1 2954 DETACHD 89
4250 HAVEN ST $499,950 3 3 1924 DETACHD 1
16919 LAKERIDGE DR $514,900 6 3 2710 DETACHD 50
2751 SUMMIT DR $648,950 3 2 2418 DETACHD 39
5005 DOGWOOD DR $779,000 4 3.1 4156 DETACHD 71
18977 BARTON RD $825,000 4 3.2 5076 DETACHD 32
17509 RIDGEVIEW LN $1,119,000 4 3.1 3938 DETACHD 3

SOLD  (Sept 1-7, 2014)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
73 CONDOLEA WAY #73 $299,000 $277,224 2 2 2131 CONDO 87
77 CONDOLEA WAY $320,000 $295,000 3 3 2143 CONDO 47
5300 DAWN AVE $479,500 $470,000 4 3 2544 DETACHD 180
2610 GLEN HAVEN RD $550,000 $515,000 4 3 3187 DETACHD 90
363 6TH ST $599,900 $517,500 3 3.1 2258 ATTACHD 253
17573 BLUE HERON CT $550,000 $530,000 4 3 2401 DETACHD 142
17641 BROOKHURST DR $659,000 $638,100 4 2.1 3386 DETACHD 34
2858 TOLKIEN LN $683,000 $638,500 4 3.1 3742 DETACHD 139
14133 AMBERWOOD CIR $725,000 $725,000 4 2.1 3200 DETACHD 0
17230 FERNWOOD DR $898,000 $855,000 5 4 4046 DETACHD 79
927 10TH ST $949,900 $885,000 4 2.1 2780 DETACHD 56
4063 Canal Woods CT $1,095,000 $950,000 4 3.1 4563 DETACHD 126
1777 ATHERTON DR $1,595,000 $1,475,000 6 4.3 6237 DETACHD 56
1425 CHANDLER RD $2,600,000 $2,535,000 5 4.1 5086 DETACHD 1

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 August 25-31, 2014

Here is your Latest Market Data: last week in Lake Oswego we saw 13 New properties enter the market, 15 move to Pending status, and 17 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (Aug 25-31, 2014)

Address Type Price BR Bths SF
48 Eagle Crest Dr 1C Condo $169,950 2 2 1370
5061 Foothills Dr G Condo $199,900 2 2 991
5058 Foothills Dr A Condo $239,900 2 2 1252
18963 Longfellow Ave Detached $325,000 3 1.5 1232
4631 Wildwood St Detached $399,900 3 2 1650
17688 Cardinal Ct Detached $459,000 3 3 1970
3 Bolivar St Detached $524,900 4 3.5 4782
768 Berwick Ct Detached $549,900 3 2 1731
1210 Wells St Detached $750,000 3 3.5 4494
4090 Westbay Rd Detached $765,000 3 2 2078
63 Nansen Summit Detached $899,900 4 3.5 3202
16650 Fir Ln Detached $1,279,000 4 3.5 3860
17344 Cedar Rd Detached $1,325,000 5 2.5 2831

Pending (Aug 25-31, 2014)

Address Type Price BR Baths SF DOM
366 Cervantes Circle 14-C Condo $136,500 2 1 832 2
6360 McEwan Rd Detached $265,500 3 1.5 1450 83
466 5th St #14 Condo $310,000 2 1.5 1092 27
23 Falstaff ST Detached $329,500 3 2 1434 53
475 8th St Detached $375,000 3 1 960 0
562 2nd St Condo $379,900 2 2.5 1302 177
17211 Robb Pl Detached $439,000 3 2 2085 68
2195 Glenmorrie Ln Detached $521,900 3 2 2461 102
4311 Orchard Way Detached $525,000 4 2.5 3010 227
11 Juarez St Detached $550,000 4 2.5 2551 91
33 Morningview Circle Detached $550,000 3 2.5 2737 123
17641 Brookhurst Dr Detached $659,000 4 2.5 3386 34
551 2nd St Condo $660,000 2 2 1631 74
3894 Tamarack Ln Detached $825,000 4 3.5 4035 20
1400 Ridgecrest Dr Detached $1,649,500 4 4 3859 15

Sold/Closed (Aug 25-31, 2014)

Address Type List Price Closed Price Sq Ft CDOM
100 Kerr Parkway #54 Condo $89,900 $86,900 617 2
5720 Kenny St Detached $299,900 $270,000 1416 64
14360 Uplands Dr Detached $468,000 $275,000 2943 483
16200 Pacific Hwy #15 Condo $279,900 $275,000 1,200 6
3009 Wembley Park Rd Detached $365,000 $375,000 1763 3
50 Condolea Ct Condo $425,000 $398,000 2760 85
15115 Twin Fir Rd Detached $409,900 $400,000 1392 160
15422 Partridge Dr Detached $420,000 $405,000 2580 49
4908 Mulholland Dr Attached $439,000 $429,000 2498 8
54 Aquinas St Detached $499,900 $495,000 2632 90
828 5th St Detached $550,000 $535,000 1884 10
1611 Highland Dr Detached $549,000 $549,000 2,675 14
14564 Kruse Oaks Blvd Detached $689,900 $674,250 3001 10
2479 Marylview Ct Detached $769,000 $756,675 3832 18
1603 Bay View Ln Detached $849,000 $775,000 3650 57
5347 Denton Dr Detached $785,000 $779,000 3240 1

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 August 18-24, 2014

Here is your Latest Market Data: last week in Lake Oswego we saw 14 New properties enter the market, 27 move to Pending status, and 19 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (Aug 18-24, 2014)

Address Type Price BR Bths SF
4 Touchstone #91 Condo $122,500 2 2 984
200 Burnham Rd #301 Condo $159,000 1 1 948
48 Eagle Crest Dr 2B Condo $204,900 3 2 1623
1180 Oxford Dr Detached $329,900 3 3 1760
5713 Kenny St Detached $349,000 3 2 1384
19180 Indian Creek Ave Detached $365,000 4 3 2392
18978 Indian Springs Circle Detached $425,000 3 2 1900
1310 Lee St Detached $425,000 3 2 2344
1401 Greentree Circle Detached $449,000 3 2 1800
18431 Deer Oak Ave Detached $449,900 4 2.5 2203
120 Condolea Dr Condo $549,900 3 3 2958
2175 Crest Dr Detached $799,900 3 3 2950
18177 Delenka Ln Detached $830,000 5 2.5+.5 3802
18042 skyland Circle Detached $1,150,000 5 3 4800

Pending (Aug 18-24, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #110 Condo $149,000 2 2 1000 24
245 Cervantes Condo $149,900 2 2 1292 5
1316 Cedar St Detached $240,000 1 1 1594 7
1531 Cedar St Detached $264,900 2 1 832 4
16200 Pacific Hwy #21 Condo $269,000 2 2 1190 78
1 Peacock Place Detached $299,000 3 2.5 1248 34
5010 Oakridge Rd Detached $317,500 3 2 1182 4
90 Kingsgate Rd Detached $325,000 3 2.5 1727 326
4291 Woodside Circle Attached $325,000 3 2 2026 49
1795 Fernwood Dr Detached $329,900 3 1 1220 17
16494 Inverurie Rd Detached $349,000 3 1 1200 7
10 Abelard St Detached $394,900 3 2 1874 5
16902 Chapin Way Detached $449,000 3 2.5 1993 4
1191 Oxford Dr Detached $459,950 5 3 2900 57
4575 Oakridge Rd Attached $460,000 3 2.5 1927 49
18893 Indian Springs Circle Detached $469,500 4 3 2841 132
18211 Moria Ct Detached $519,000 4 2.5 2538 14
577 2nd St #306 Condo $570,000 2 2 1459 45
17900 Canal Rd Detached $575,000 4 3 2992 266
17450 Treetop Way Detached $585,000 5 3 3752 0
3333 Royce Way Detached $614,999 4 2.5 2697 295
16 Southwood Dr Detached $632,500 5 2.5 3043 6
435 8th St Detached $695,000 3 3.5 2394 116
841 Northshore Rd Detached $889,850 3 3 2388 68
1776 Oak St Detached $925,000 4 3.5+.5 4012 5
17643 Kelok Rd Detached $950,000 4 2.5 2390 92
2015 Street of Dream Detached $1,998,000 5 4.5 5185 57

Sold/Closed (Aug 18-24, 2014)

Address Type List Price Closed Price Sq Ft CDOM
370 Cervantes Circle Condo $133,000 $111,000 832 83
510 S State St Condo $150,000 $149,000 829 4
4 Touchstone #62 Condo $158,500 $158,500 1351 6
1368 Boca Ratan Dr Attached $262,500 $255,000 1,611 55
5950 Harrington Ave Detached $298,000 $280,000 960 43
6136 Fernbrook Circle Detached $293,455 $306,455 1250 1
135 Kingsgate Rd Detached $357,000 $344,500 1720 17
17440 Hill Way Detached $389,900 $348,000 1492 1
1380 Bonniebrae Dr Detached $415,000 $385,000 2940 37
3065 Royce Way Detached $469,000 $410,000 2726 223
1210 Wells St Detached $525,000 $470,000 4494 132
5 Falstaff St Detached $495,000 $482,000 2,417 12
5415 Bay Creek Dr Detached $600,000 $600,000 3105 3
18322 Anduin Terrace Detached $689,000 $650,000 3771 106
17303 Grandview Ct Detached $675,000 $664,000 3580 49
146 Del Prado St Detached $699,900 $676,000 3263 7
17814 Marylcreek Dr Detached $799,900 $780,000 4497 0
755 6th St Detached $995,000 $909,000 4170 181
3730 Marquis Ct Detached $1,899,000 $1,899,000 6039 489

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 numbers shows mostly robust activity in Portland and the Lake Oswego/West Linn areas for July.

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

  • At 2,678, July Closed Sales rose 2.3% over the month prior (June), but fell 3.2% when compared with July of 2013.
  • There were 3,954 New Listings in July... 2.0% higher than July 2013, but down 3% from the month prior when there were 4,078.
  • The Average Sale Price in July, $344,700, was up nearly $10,000 (9,900)  from the month prior!  In addition the first seven months of 2014 are logging an Average Sale Price of $331,400, which is up 7.9% over the same time period in 2013.
  • July Pending Sales (accepted offers), at 2,802, were down 5.5%  from the month prior. This seems to indicate a slowing where Buyers were not making as many offers in July. That said, the Pending sales are up 2.3% over July 2013 .

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

    • 557 Active Listings
    • 230 New Listings
    • 148 Pending Sales
    • 157 Closed Sales
    • An average Sale Price of $560,900.
    • Average Time on the Market: 85 Days
Posted on

Market Activity ~ Aug 11-17, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 15 New properties enter the market, 23 move to Pending status, and 16 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on Mkt (Aug 11-17, 2014)

List Price Address # Beds # Baths Total SF Prop Type
$149,900 245 CERVANTES 2 2 1292 CONDO
$189,000 203 OSWEGO SMT #203 2 2 1506 CONDO
$315,000 2 THE GROTTO 3 2 1156 DETACHD
$349,000 16494 INVERURIE RD 3 1 1200 DETACHD
$394,900 10 ABELARD ST 3 2 1874 DETACHD
$410,000 123 CONDOLEA DR 3 3 2143 CONDO
$449,900 16902 CHAPIN WAY 3 2.1 1993 DETACHD
$450,000 6055 SW CARMAN DR 3 3 2460 DETACHD
$499,900 1001 BULLOCK ST 3 2 2008 DETACHD
$718,000 5726 CHARLES CIR 4 3.1 3173 DETACHD
$899,500 737 COUNTRY CLUB RD 4 2.1 3242 DETACHD
$925,000 1776 OAK ST 4 3.2 4012 DETACHD
$1,295,000 689 G AVE 4 2.1 3100 DETACHD
$1,649,500 1400 RIDGECREST DR 4 4 3859 DETACHD
$2,375,000 18022 SKYLAND CIR 4 5.1 9265 DETACHD

PENDING SALES (Aug 11-17, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #54 $89,900 1 1 617 CONDO 2
3884 BOTTICELLI ST #34 $140,000 2 1.1 1132 CONDO 150
432 5TH ST #1 $279,900 2 1.1 1092 CONDO 57
5720 KENNY ST $289,900 3 2 1416 DETACHD 64
1310 OAK TER $379,000 3 1 900 DETACHD 17
16998 GREENTREE AVE $398,500 4 2.1 2392 DETACHD 64
3225 TEMPEST DR $448,000 3 2.1 2231 DETACHD 48
257 C AVE $449,000 4 2 1600 DETACHD 105
23 TOUCHSTONE $479,000 5 4 3144 DETACHD 81
17187 CARLSON CT $495,000 4 3 2082 DETACHD 10
1023 GANS ST $495,000 3 2.1 2770 DETACHD 3
5101 DAWN AVE $499,000 5 3 2700 DETACHD 260
1286 LARCH ST $549,900 4 2.1 2410 DETACHD 97
1403 GREENTREE CIR $649,900 5 3.1 4047 DETACHD 47
1640 OAK ST $675,000 4 2.1 3301 DETACHD 186
18020 SKYLAND CIR $799,999 4 3.1 3210 DETACHD 43
17288 LOWENBERG TER $875,000 4 3.1 3467 DETACHD 22
16672 FIR LN $899,000 4 4.1 4179 DETACHD 119
257 IRON MOUNTAIN BLVD $899,000 4 2.2 3746 DETACHD 52
590 OAK MEADOW DR $1,249,000 4 4.1 4673 DETACHD 106
13777 CAMEO CT $1,700,000 4 5.1 7300 DETACHD 38
1633 LESLIE LN $1,850,000 5 4.1 5921 DETACHD 88
616 CABANA LN $2,895,000 4 4 3800 DETACHD 390

SOLD  (Aug 11-17, 2014)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #61 $229,900 $209,900 2 2 1305 CONDO 136
5054 FOOTHILLS DR C $239,000 $228,500 3 2 1252 CONDO 245
13 SAINT HELENS CIR $364,900 $300,000 3 2.1 2022 DETACHD 143
1285 OAK TER $325,000 $315,000 3 1.1 1150 DETACHD 11
164 KINGSGATE RD $359,000 $355,000 3 2 1757 DETACHD 3
15465 TANAGER DR $379,000 $387,520 2 2 1535 DETACHD 6
13753 PROVINCIAL HILL DR $479,900 $475,000 3 2.1 1935 DETACHD 4
10 HOTSPUR ST $492,000 $499,000 4 2.1 2313 DETACHD 4
73 TANGLEWOOD DR $509,900 $510,000 4 3.1 4278 DETACHD 13
18212 INDIAN CREEK DR $549,900 $554,900 4 2.1 2251 DETACHD 6
15254 CANDLEWOOD CT $599,000 $570,000 5 3 2968 DETACHD 126
5807 RIDGETOP CT $659,900 $590,000 5 2.1 2650 DETACHD 23
14246 KIMBERLY CIR $669,000 $675,000 4 2.1 3520 DETACHD 25
1245 CHANDLER RD $797,500 $711,750 4 4 3278 DETACHD 158
5676 SUNCREEK DR $799,000 $800,000 4 3.1 3312 DETACHD 2
4591 DOGWOOD DR $889,000 $889,000 4 3.1 4177 DETACHD 2

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