Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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Market Activity Feb 16 – 23rd 2015

This activity report is coming a little late, though it is a big one! Spring market has arrived and is dressed to impress! We have 26 houses that have reached the market and are ready to be visited. There are 30 houses that are pending, and best of wishes upon their closing! 11 sold properties, which means 11 new neighbors!

Following is the breakdown for you according to RMLS:

New on Market (Feb 16-23, 2015)

Address Type Price Bedrooms Bathrooms Sqft
200 BURNHAM RD #306 CONDO 195,000 2 1 1199
9 CONDOLEA DR CONDO 380,000 3 3 2198
5530 BONITA RD DETACHED 398,000 3 2 1200
4871 CENTERWOOD ST DETACHED 415,000 4 3 2519
18706 BRYANT RD DETACHED 519,995 3 2.5 2400
5326 SW CHILDS RD DETACHED 549,901 3 2.5 1801
18364 BRYANT RD DETACHED 551,995 3 2.5 2736
27 BECKET ST DETACHED 579,900 3 2 2615
1868 GLENMORRIE DR DETACHED 585,000 3 4 3032
14121 REDWOOD CT DETACHED 629,900 4 3.5 2703
2051 CREST DR DETACHED 699,500 4 2 2886
729 SOUTHVIEW RD DETACHED 725,000 3 2 2657
1770 HEADLEE LN DETACHED 750,000 2 3 2434
17620 BLUE HERON RD DETACHED 1,198,000 4 3.5 4041
17620 WOODHURST PL DETACHED 1,200,000 4 4 4389
720 KENOLA CT DETACHED 1,200,000 3 3.5 3727
1956 CHERYL CT DETACHED 1,425,000 4 4.5 5334
17096 CHAPIN WAY DETACHED 1,395,000-1,495,000 4 3.5 4395
401 9TH ST DETACHED 1,590,000 4 3.5 4288
1135 LAKE FRONT RD DETACHED 2.295,000 4 4 4245

Pending Sales (Feb 16-23, 2015)

Address Type Price Bedroom Bathrooms Sqft DOM
169 OSWEGO SMT #169 CONDO 83,032 2 2 1330 126
4000 CARMAN DR #55 CONDO 149,900 2 2 866 123
3433 MCNARY PKWY #208 CONDO 150,000 2 2 1008 8
45 EAGLE CREST DR #308 CONDO 169,900 2 2 1046 24
15868 PARKER RD DETACHED 219,950 2 1 780 36
152 RIDGEWAY RD CONDO 234,900 2 1.5 1794 3
65 KINGSGATE RD ATTACHED 299,900 3 2 1237 4
16735 LAKE FOREST BLVD DETACHED 318,900 3 2 1192 118
1743 ASPEN CT DETACHED 326,900 3 2 1341 115
4171 OLD GATE RD DETACHED 350,000 4 2 1752 7
43 CONDOLEA CT CONDO 365,000 2 2.5 2157 31
5185 CARMAN DR DETACHED 389,000 3 1.5 1848 141
4820 LAMONT WAY DETACHED 392,900 3 2.5 1768 193
3402 LAKE GROVE AVE DETACHED 410,000 3 2 1686 102
5926 DOVE CT DETACHED 425,000 3 2 1807 2
12836 SIERRA VISTA DR DETACHED 449,000 4 2.5 2166 136
2508 ORCHARD HILL PL DETACHED 454,000 3 2.5 2229 4
1653 DEVON LN DETACHED 485,000 4 3 3181 165
644 ELLIS AVE DETACHED 499,000 3 2 3340 16
17393 SCHALIT WAY DETACHED 540,000 3 2 2240 16
2234 FERNWOOD CIR DETACHED 545,000 4 3 2975 84
124 D AVE ATTACHED 550,000 2 2.5 1754 7
4258 ALBERT CIR DETACHED 659,000 4 2.5 2745 197
1890 CREST DR DETACHED 725,000 3 2.5 2782 144
1051 COUNTRY COMMONS DETACHED 799,900 4 2.5 3582 224
13643 MELROSE LP DETACHED 799,900 4 4 4146 45
14626 UPLANDS DR DETACHED 828,900 4 3 2951 2
2726 RIVENDELLL RD DETACHED 849,000 5 3 3315 2
18253 SIENA DR DETACHED 1,198,000 5 4 4310 3
13612 GOODALL RD DETACHED 1,469,000 5 4.5 4362 332

Sold/Closed (Feb 16-23, 2015)

Address Type List Price Close Price Sqft DOM
1803 BOCA RATAN DR ATTACHED 297,000 288,000 1739 44
18275 TERRY CT DETACHED 319,000 315,000 1270 228
5695 WASHINGTON CT DETACHED 349,900 345,000 1769 9
47 ORIOLE LN DETACHED 399,500 378,000 1958 123
5907 FERNBROOK CIR DETACHED 399,900 398,950 1892 175
4104 LAKEVIEW BLVD DETACHED 439,000 420,000 2252 66
2 PIMLICO TER DETACHED 599,000 490,000 2301 83
1562 CHANDLER RD DETACHED 1,225,000 500,000 2318 305
1560 LABURNUM WAY DETACHED 499,900 520,000 1773 1
2762 VALE CT DETACHED 620,000 620,000 2709 7
1766 PALISADES TERRACE DR DETACHED 750,000 735,000 2792 190

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 Feb 9-15, 2015

Ok, I am going to just say it, I LOVE living in the Pacific Northwest. This past week it has been 60 degrees and sunny. We have a chance of sprinkles the next couple of days, and then…more sun! That’s pretty perfect for this time of year.

Last week in LO we had 8 new listings, 27 pending sales, and 7 closed sales. My prediction is that in the next few weeks the number of new listings will at least double and, even more likely, triple. If they don’t? We are going to see prices go up. Low supply drives up prices. We shall see….

Following is the breakdown for you according to RMLS:

New on Market (Feb 0-15, 2015)

Address Type Price BR Bths SF
192 Oswego Summit Condo $144,850 2 2 1383
3433 McNary Pkwy #208 Condo $150,000 2 2 1008
4171 Old Gate Rd Detached $350,000 4 2 1752
2508 Orchard Hill Place Detached $454,000 3 2.5 2230
2084 Ridgewood Rd Detached $799,000 3 2.5 2117
77 Garibaldi St Detached $829,000 4 2.5 3515
2726 Rivendell Rd Detached $849,000 5 3 3315
13554 Peters Rd Detached $899,850 3 3 3036

Pending Sales (Feb 9-15, 2015)

Address Type Price BR Baths SF DOM
3930 Lake Grove Ave A1 Condo $130,000 2 1 952 111
116 Oswego Summit Condo $139,000 2 2 1140 323
4 Touchstone #136 Condo $178,500 3 2.5 1351 5
5061 Foothills Dr A Condo $199,950 2 2 991 6
5063 Foothills Dr A Condo $200,000 2 2 991 3
1349 Bonniebrae Dr Attached $319,000 3 1.5 1303 118
4524 Lower Dr #A3 Condo $279,000 3 2.5 1650 130
1260 Hallinan St Detached $298,000 3 1.5 1325 4
6138 Kenny St Detached $314,000 3 1.5 1190 31
4841 Dawn Ave Detached $349,000 3 2 1550 64
4146 Lakeview Blvd Detached $400,000 5 1.5 2056 99
324 4th St Attached $425,000 2 2.5 1731 30
18975 Indian Springs Rd Detached $437,900 4 2.5 1910 6
127 Del Prado St Detached $459,000 4 3 2310 5
886 9th St Detached $469,500 2 1 860 23
18929 Terry Ave Detached $494,900 4 2 2441 20
37 Berwick Rd Detached $495,000 5 2 2198 36
6 Northview Ct Attached $532,500 4 3.5 3200 14
1011 Spruce St Detached $565,000 3 2.5 1930 29
14128 Edenberry Dr Detached $749,900 4 2.5 3168 10
19242 Indian Springs Rd Detached $749,900 4 2.5 3365 35
5488 Southwood Dr Detached $775,000 4 2.5 3280 112
2950 Upper Dr Detached $795,000 4 3.5 3373 64
2109 Wembley Park Rd Detached $795,000 5 3 3154 73
1233 Bickner St Detached $800,000 4 3.5 3150 0
1267 Cherry Ln Detached $849,000 4 2 3311 308
18360 River Edge Ln Detached $957,000 4 2.5 3738 22

Sold/Closed (Feb 9-15, 2015)
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Address Type List Price Closed Price Sq Ft CDOM
59 Galen St Condo $94,900 $94,000 550 22
16250 Pacific Hwy Condo $204,500 $190,000 1305 167
18495 Tamaway Dr Detached $548,000 $548,000 2680 11
909 Lake Front Rd Detached $699,900 $555,000 2,916 480
435 7th St Detached $649,000 $620,000 2010 175
13983 Westcott Ct Detached $649,000 $637,500 2792 71
17237 Kelok Rd Detached $1,090,000 $1,080,000 2206 23

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 ~ Feb 2-8, 2015

Here comes the sun!
The market is pretty steady right now, and all reports are that the Buyers are out in force.

Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 22 move to Pending status, and 10 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type
1260 HALLINAN ST $298,000 3 1.1 1325 DETACHD
5061 FOOTHILLS DR $199,950 2 2 991 CONDO
0 Atherton 950000 – 1187500 4 4 3415 DETACHD
14128 EDENBERRY DR $749,900 4 2.1 3168 DETACHD
14034 TAYLORS CREST LN $869,000 5 3.2 4007 DETACHD
320 CERVANTES CIR $129,900 2 1 832 CONDO
4 TOUCHSTONE $178,500 3 2.1 1351 CONDO
4 TOUCHSTONE $160,000 3 2.1 1351 CONDO
2701 LAKEVIEW BLVD $724,500 3 2.1 2289 DETACHD
2701 LAKEVIEW BLVD $724,500 3 2.1 2264 DETACHD
368 CERVANTES CIR $129,500 2 1 882 CONDO
17749 LEAFY LN $579,900 2 3 3300 DETACHD
910 TERRACE DR $1,200,000 4 2.1 3934 DETACHD
4070 VIRGINIA WAY $747,500 3 2.1 3510 DETACHD
6310 ALYSSA TER $465,000 4 2.1 2452 DETACHD
127 DEL PRADO ST $459,000 4 3 2310 DETACHD
17617 ARBOR LN $390,000 3 2 1745 DETACHD
18975 INDIAN SPRINGS RD $437,900 4 2.1 1910 DETACHD

PENDING SALES (Feb 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1539 LAKE FRONT RD $1,200,000 4 3.1 3385 DETACHD 119
15365 TWIN FIR RD $449,000 3 1 1201 DETACHD 198
13286 GOODALL RD $1,750,000 5 5.3 6819 DETACHD 142
49 BRIARWOOD RD $950,000 3 2 2412 DETACHD 67
18414 OLD RIVER LNDG $1,795,000 4 4.2 6498 DETACHD 553
15885 WHITE OAKS DR $625,000 4 2.1 2802 DETACHD 55
1401 GREENTREE CIR $419,000 3 2 1800 DETACHD 165
834 6TH ST $459,000 2 1 1062 DETACHD 94
1653 DEVON LN $485,000 4 3 3181 DETACHD 153
18224 BELLA TERRA DR $1,175,000 4 3.1 4050 DETACHD 210
1033 Spruce ST $499,500 2 2.1 1562 DETACHD 28
4504 WILDWOOD ST $399,900 3 2 1655 DETACHD 0
43 CONDOLEA CT $365,000 2 2.1 2157 CONDO 12
808 ELLIS AVE $514,900 3 2.1 2108 DETACHD 28
13024 ROGERS RD $769,000 4 3.1 3333 DETACHD 0
1015 SOUTHSHORE BLVD $629,000 4 3 3882 DETACHD 3
5487 TUALATA CT $339,455 3 2 1200 DETACHD 1
751 BRIERCLIFF LN $528,950 4 3 2534 DETACHD 32
17171 LOWENBERG TER $739,000 4 2.1 3002 DETACHD 118
121 LEONARD ST #C $185,000 2 2 1118 CONDO 131
2286 WEMBLEY PARK RD $699,000 3 3 2000 DETACHD 65
4104 LAKEVIEW BLVD $429,000 4 2 2252 DETACHD 66

SOLD  (Feb 2-8, 2015)

Address Open Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #40 $89,500 $85,000 1 1 696 CONDO 51
4077 JEFFERSON PKWY $234,500 $234,500 2 2.1 1462 CONDO 24
6101 HARRINGTON AVE $359,000 $361,500 3 2.1 1400 DETACHD 62
2751 SUMMIT DR $648,950 $655,000 3 2 2418 DETACHD 145
19211 TERRY AVE $370,000 $370,000 4 2 1872 DETACHD 41
4080 COLTSFOOT LN $525,000 $525,000 4 2.1 2884 DETACHD 0
18177 DELENKA LN $830,000 $787,500 5 2.2 3802 DETACHD 131
1075 OAK TER $340,000 $350,000 3 2 1356 DETACHD 29
616 4TH ST $1,049,000 $1,049,000 4 2.1 3034 DETACHD 0
3554 TEMPEST DR $449,007 $454,000 3 2.1 2279 DETACHD 4

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 19-25, 2015

Here is your Latest Market Data: Last week in Lake Oswego we saw 12 New properties enter the market, 20 move to Pending status, and 6 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

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

Address Type Price BR Bths SF
48 Eagle Crest Dr Condo $184,900 3 2 1623
43 Condolea Ct Condo $365,000 2 2.5 2157
13901 Sundeleaf Dr Detached $399,000 4 3 1900
14201 Dolph Ct Detached $449,000 3 2 1864
886 9th St Detached $469,500 2 1 860
18929 Terry Ave Detached $499,900 4 2 2441
4959 Bilford Ln Detached $549,900 3 2.5 2456
1625 Bedford Ct Detached $595,000 2 2.5 2462
5868 Suncreek Dr Detached $795,000 4 2.5 3164
18360 River Edge Ln Detached $957,000 4 2.5 3738
17320 Lake Haven Dr Detached $1,235,000 4 3 2703
17388 Cedar Rd Detached $2,395,000 4 3.5 4276

Pending Sales (Jan 19-25, 2015)

Address Type Price BR Baths SF DOM
15 Oswego Summit Condo $106,000 2 2 1212 282
48 Eagle Crest Dr 1C Condo $123,500 2 2 1370 149
3930 Lake Grove Ave A1 Condo $130,000 2 1 952 92
15868 Parker Rd Detached $219,950 2 1 780 5
48 Eagle Crest Dr 1A Condo $250,000 3 2.5+.5 1550 6
5695 Washington Ct Detached $349,900 3 2 1769 9
17251 Greentree Ave Detached $414,950 4 2.5 2728 45
143 Kingsgate Rd Detached $450,000 3 2 2618 131
4733 Firwood Rd Detached $474,900 4 3 2310 152
14372 Camden Ln Detached $519,900 3 2.5 2348 52
18495 Tamaway Dr Detached $548,000 4 2.5 2680 11
1585 Patton Rd Detached $550,000 4 3 3162 257
18910 Terry Ave Detached $590,000 4 4.5 4290 16
4261 Cobb Way Detached $595,000 3 3 2345 10
2762 Vale Ct Detached $630,000 4 3 2709 7
435 7th St Detached $639,000 2 2 2010 175
3877 Tempest Dr Detached $690,000 4 2.5 3237 4
1287 Bickner St Detached $699,500 4 3.5 2665 103
17694 Marylbrook Dr Detached $719,000 3 2 2758 2
1766 Palisades Terrace Drd Detached $750,000 4 2.5 2792 190

Sold/Closed (Jan 19-25, 2015)

Address Type List Price Closed Price Sq Ft CDOM
5048 Tree St Detached $310,000 $305,000 1232 21
5275 Oakridge Rd Detached $349,900 $350,000 1267 22
4631 Wildwood St Detached $399,900 $355,635 1650 120
2131 Wembley Park Rd Detached $579,000 $555,000 3,905 24
820 Fairway Rd Detached $1,189,000 $1,100,000 3758 331
17129 Kelok Rd Detached $1,299,000 $1,299,000 2894 86

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

The latest real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are in.  It shouldn’t come as a surprise that numbers are up for 2014. December saw some customary slowing from November, but overall, the year’s totals look pretty darned good.

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

  • At 2,239, December Closed Sales rose 15.6% over the month prior, and were up a full 25.6% from December of 2013’s 1,782.
  • December Pending Sales (accepted offers), at 1,667, were down quite a bit…20.3%  from the month prior (which is somewhat understandable during the holidays).  That said, the Pending sales are up a full 12.3% over December 2013‘s 1,484.
  • There were 1,540 New Listings in December which was 19.9% down from November, but up 15.5% from December of 2013’s 1,333.
  • The Average Sale Price in December of $331,600 was down $4,400 from the month prior. The year 2014 finished with an Average Sale Price of $333,000, which is up 7.2% over 2013‘s finishing number which was $310,600.

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The combined areas of Lake Oswego and West Linn  for the month of December 2014 reported:

    • 348 Active Listings
    • 79 New Listings
    • 81 Pending Sales  (up 6.6% over December 2013)
    • 117 Closed Sales
    • An Average Sale Price for December of $512,500.
    • Average Sale Price for Year to Date (so…2014) of $527,500. (up 9.5% over 12 month rolling average in 2013)
    • Average Time on the Market: 105 Days
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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.