Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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Market Activity ~ Dec 2-8, 2013

Last week in Lake Oswego, 7 New properties entered the market, 9 moved to Pending status, and 8  “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

Address List Price # Beds # Baths Total SF Prop Type
12 PARTRIDGE LN $450,000 4 2.1 3309 DETACHD
3065 ROYCE WAY $475,000 4 2.1 2726 DETACHD
14353 TRILLIUM CT $625,000 4 2.1 3057 DETACHD
13555 FIELDING RD $749,900 5 3.1 3656 DETACHD
16525 MAPLE CIR $1,395,000 3 3.1 3443 DETACHD
1193 FAIRWAY RD $3,195,000 5 4.2 7028 DETACHD
15845 OSWEGO SHORE CT $3,350,000 4 4.2 5500 DETACHD

PENDING SALES (Dec 2-8, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #59 $112,000 2 1.1 823 CONDO 5
5164 LAKEVIEW BLVD $246,000 4 2 1120 DETACHD 32
3285 SW CHILDS RD $300,000 4 3 2780 DETACHD 76
133 KINGSGATE RD $349,349 3 2.1 1812 DETACHD 167
924 LAUREL ST $360,000 3 2 1965 DETACHD 62
1125 C AVE $425,000 3 1.1 2558 DETACHD 127
5522 ROYAL OAKS DR $598,950 4 2.1 2471 DETACHD 177
5152 LAKEVIEW BLVD $795,000 4 2.5 3414 DETACHD 0
448 COUNTRY CLUB RD $1,299,000 4 3.1 4873 DETACHD 328

SOLD (Dec 2-8, 2013)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
15938 QUARRY RD #4A $139,500 $135,000 2 1 991 CONDO 17
15 SUMMIT RIDGE CT $339,900 $320,000 2 2.1 1750 ATTACHD 26
643 2ND ST $425,000 $380,000 2 2 1457 ATTACHD 48
13008 ROGERS RD $499,000 $425,000 4 2.1 2448 DETACHD 152
4545 DOGWOOD DR $499,500 $475,000 3 2 2483 DETACHD 8
830 4TH ST $545,000 $523,500 3 2 1690 DETACHD 63
13601 TWIN CREEK LN $630,000 $605,000 4 2.1 3156 DETACHD 12
16671 Fir LN $845,000 $820,000 3 3.1 3129 DETACHD 467

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 25-Dec 1, 2013

While the market has slowed during the holidays, activity remains balanced with similar numbers of homes coming onto the market as are selling. Last week in Lake Oswego there were 10 new listings, 9 pending sales, and 8 closed sales.

Here is the breakdown of activity according to RMLS:

NEW ON MKT (Nov 25-Dec 1, 2013):

Address Type Price BR Bths SF
52 Oswego Summit Condo $76,300 1 1 700
100 Kerr Parkway #42 Condo $104,000 2 1.5 822
100 Kerr Parkway #59 Condo $112,000 2 1.5 823
16 Cervantes Cir #6E Condo $149,900 2 1.5 912
3101 Wembley Park Rd #1 Detached $338,950 2 1 858
4344 Snowbrush Ct Detached $529,000 4 3.5 3422
17900 Canal Rd Detached $609,000 4 3 2992
1941 Woodland Terrace Detached $619,000 4 3 3684
421 Middlecrest Rd Detached $645,000 3 2.5 2383
401 Ash St Detached $699,900 4 4 5526

PENDING SALES (Nov 25-Dec 1, 2013)

Address Type Price BR Baths SF DOM
3433 McNary Parkway #405 Condo $146,950 2 2.5 1208 113
3808 Botticelli St Condo $189,900 3 2 1288 47
17736 Cardinal CT Detached $330,000 4 2.5 2280 6
61 Condolea Terrace Condo $395,000 3 2.5 2373 23
6 Yorick St Detached $495,000 5 3 3116 15
4038 Bass Ln Detached $559,900 4 3 2816 36
621 Country Club Rd Detached $599,900 4 2.5 3300 59
144 Leonard St Detached $699,900 4 3.5 3552 136
215 Chandler Pl Detached $839,000 3 2.5 3118 197

SOLD (Nov 25-Dec 1, 2013)

Address Type List Price Closed Price Sq Ft CDOM
47 Crestfield Ct Condo $100,000 $103,000 923 74
5105 Rosewood St Detached $319,000 $310,000 1848 2
139 Tualata Ln Detached $329,000 $324,000 1524 6
19 Timberlline Dr Detached $349,000 $370,300 2,176 3
18321 Wood Thrush Circle Detached $469,000 $449,600 2333 71
4850 Lower Dr Detached $624,900 $624,900 2700 194
18682 Westview Dr Detached $745,000 $715,000 3243 49
18246 Bella Terra Dr Detached $1,080,000 $1,080,000 4196 3

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 18-24, 2013

With Thanksgiving upons us, RMLS shows 10 New properties entering the market, 9 moving to Pending status, and 22 that “Closed”/Sold last week in Lake Oswego.

Here is the breakdown of activity according to RMLS:

NEW ON MKT (Nov 18-24, 2013):

Address List Price # Beds # Baths Total SF Prop Type
18600 INDIAN CREEK DR $279,900 3 2 1607 DETACHD
12894 BOONES FERRY RD $299,000 2 2.1 1136 CONDO
490 G AVE $399,900 4 2 2126 DETACHD
4109 WOLF BERRY CT $529,900 4 2.1 2661 DETACHD
2302 OVERLOOK DR $595,000 4 2.1 3125 DETACHD
16311 INVERURIE RD $599,900 4 2 2047 DETACHD
18064 JENIFERS WAY $639,950 5 3 2965 DETACHD
5502 KODERRA AVE $639,950 5 2.1 2633 DETACHD
18108 PILKINGTON RD $799,950 3 3.1 4129 DETACHD
49 BRIARWOOD RD $950,000 3 2 2412 DETACHD

PENDING SALES (Nov 18-24, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
6380 WASHINGTON CT $315,000 3 2 1720 DETACHD 86
4711 REMBRANDT LN $359,900 3 2.1 2050 DETACHD 65
1880 KILKENNY DR $400,000 4 3 2778 DETACHD 2
18272 WESTVIEW DR $459,000 4 3.2 3626 DETACHD 31
17129 KELOK RD $499,000 3 2 1996 DETACHD 42
5522 ROYAL OAKS DR $598,950 4 2.1 2471 DETACHD 160
3300 RIVER WOODS PL $749,000 3 2.1 3642 DETACHD 75
13562 PETERS RD $825,000 4 3 3106 DETACHD 123
4018 COHO LN $925,000 4 4.1 5128 DETACHD 111

SOLD (Nov 18-24, 2013)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #409 $150,000 $145,750 2 2 1214 CONDO 60
143 OSWEGO SMT $146,000 $146,000 2 2 1212 CONDO 24
45 EAGLE CREST DR #508 $179,900 $175,000 2 2 1046 CONDO 29
220 CERVANTES #C $185,000 $178,000 2 2 1378 CONDO 12
1484 BOCA RATAN DR $229,900 $187,000 3 1.1 1403 ATTACHD 115
18717 PILKINGTON RD $240,000 $191,000 3 1 1240 DETACHD 88
17500 PILKINGTON RD $225,000 $204,900 3 1 1050 DETACHD 119
4281 COBB WAY $349,900 $349,900 3 2 1626 DETACHD 3
5103 MADRONA ST $349,900 $360,000 2 2 1329 DETACHD 29
1023 LUND ST $429,000 $375,000 4 2.1 2313 DETACHD 99
1528 CEDAR ST $449,900 $390,000 3 2 2080 DETACHD 33
8 BERNINI CT $449,000 $410,000 3 2 1465 DETACHD 95
45 TANGLEWOOD DR $433,900 $433,900 5 3.1 3166 DETACHD 4
16838 WIGHT LN $469,500 $460,000 4 2.1 2364 DETACHD 85
1941 GREEN ACRES LN $525,000 $498,800 4 2.1 2449 DETACHD 227
4121 HEDGE NETTLE CT $552,500 $500,000 3 2.1 2307 DETACHD 244
17973 SAINT CLAIR DR $565,000 $523,500 4 3 3323 DETACHD 27
5353 FIRWOOD RD $579,500 $550,000 3 2 2292 DETACHD 25
5900 SUNCREEK DR $699,900 $695,900 4 2.1 3736 DETACHD 106
5728 BAY CREEK DR $789,000 $700,000 5 2.1 3567 DETACHD 133
13052 KNAUS RD $789,000 $725,000 4 3 3026 DETACHD 36
15411 VILLAGE DR $899,900 $865,000 4 3.1 3809 DETACHD 7

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) activity:

It’s still Fall in Lake Oswego & the Portland area (though it is starting to feel more like Winter : ) and that means we see a continued seasonal slowing in real estate activity (you all know this ; ), but there are still steady sales going on. So far this year the overall Portland area has seen 23,955 Accepted Offers. We’ve also had a whopping 22,909 Closed Sales so far which is up 16.2% compared to last year at this same time. October had the most Closed Sales since 2006! Yes, things are looking up, up, up!

According to the RMLS Market Action Report for the Portland Metro Area  October, 2013:

  • At 2,189, October Closed Sales increased 1.4% over September , and 4.1% over October 2012.
  • There were 2,535 New Listings in October. This was a decrease of 13.3% from September, and an increase of 5% over October of 2012.
  • The Average Sale Price in October was $314,100, down from $317,300 in September.
  • October Pending Sales (accepted offers) dropped by 4.2% compard to September, and decreased by 2.4% as compared to October 2012.

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

    • 489 Active Listings
    • 137 New Listings
    • 132 Pending Sales
    • 117 Closed Sales
    • An average Sale Price of $438,400.
    • Average Time on the Market: 79 Days
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Market Activity ~ Nov 4-10, 2013

Easy does it. RMLS shows 8 New properties entering the market, 16 moving to Pending status, and 10 that “Closed”/Sold last week in Lake Oswego. Feels like “the season” : )

Here is the breakdown of activity according to RMLS:

NEW ON MKT (Nov 4-10, 2013):

Address List Price # Beds # Baths Total SF Prop Type
3696 SPRING LN #3B $141,700 2 2 1117 CONDO
16200 Pacific Hwy #21 $285,000 2 2 1200 CONDO
16200 PACIFIC HWY #24 $285,000 2 2 1190 CONDO
15956 PARKER RD $579,900 4 2.1 3200 DETACHD
5004 WOODCREST LN #16E $589,900 3 2.1 2523 DETACHD
363 6TH ST $599,900 3 3.1 2258 ATTACHD
2814 VALE CT $629,000 4 3 3192 DETACHD
13581 GOODALL RD $799,000 3 2 1220 DETACHD

PENDING SALES (Nov 4-10, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #56 $104,900 2 1.1 823 CONDO 4
6397 MCEWAN RD $289,900 3 2 1008 DETACHD 55
15 SUMMIT RIDGE CT $324,900 2 2.1 1750 ATTACHD 26
4990 OAKRIDGE RD $329,000 3 2 1700 DETACHD 80
13008 ROGERS RD $439,900 4 2.1 2448 DETACHD 152
3200 UPPER DR $469,500 4 3 2543 DETACHD 75
5172 WOODCREST LN #LT 2E $559,554 3 2.1 2500 DETACHD 5
885 LAKE FOREST DR $575,000 4 3 2186 DETACHD 6
19524 RIVER RUN DR $618,950 4 2.1 2630 DETACHD 124
208 NORTHSHORE RD $629,900 5 3 2926 DETACHD 113
19321 RIVERWOOD LN #LT 3W $635,969 4 4 3367 DETACHD 3
5185 WOODCREST LN #24E $643,098 3 2.1 2500 DETACHD 1
716 LAKESHORE RD $675,000 3 2 1878 DETACHD 101
5728 BAY CREEK DR $719,900 5 2.1 3567 DETACHD 133
4150 Upper DR $915,000 3 3.1 3354 DETACHD 160
1600 VIEW LAKE CT $950,000 2 2.1 3335 DETACHD 165

SOLD (Nov 4-10, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #60 $139,900 $115,000 3 2 1026 CONDO 153
5225 JEAN RD #306 $170,000 $160,000 2 2 1400 ATTACHD 147
5813 SW KENNYCROFT WAY $292,500 $260,000 3 1 1182 DETACHD 107
95 KINGSGATE RD $299,000 $305,000 3 2.1 1669 DETACHD 3
1645 CLOVERLEAF RD $429,900 $392,000 3 3 2494 DETACHD 33
2727 GLEN HAVEN RD $449,900 $450,000 3 2 2518 DETACHD 3
2103 RIDGEWOOD RD $599,000 $498,000 3 2 1648 DETACHD 71
1873 OAK ST $635,000 $585,000 3 2.1 3576 DETACHD 157
2183 HILLSIDE CT $799,000 $770,000 4 3.1 4473 DETACHD 171
3149 DOUGLAS CIR $1,180,000 $1,075,000 5 3.2 5237 DETACHD 443

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity Oct 28-Nov 3, 2013

I really enjoy doing this report. It gives me time to really look at trends and see the basic numbers of what is happening in the market. While the market has slowed a bit, which is completely normal at this time of year, it remains strong for selling. This is because the number of homes coming onto the market remain slightly less than the number that are going into pending status. Last week in Lake Oswego 11 new listings came onto the market, 12 went into pending status, and 16 became closed sales.

New Listings October 28 to November 3, 2013

96 Oswego Summit, a condo, 1 BR, 1 Bath, 764 SF, $79,900

15938 Quarry Rd 4-A, a condo, 2 BR, 1 Bath, 991 SF, $139,500

3101 McNary Pdwy #12, a condo, 2 BR, 2.5 Baths, 1726 SF, $223,400

1531 Bonniebrae Dr, a condo, 3 BR, 1.5 Baths, 1303 SF, $244,900

5164 Lakeview Blvd, detached, 4 BR, 2 Baths, 1120 SF, $246,000

61 S Condolea Terrace, a condo, 3 BR, 2.5 Baths, 2373 SF, $395,000

751 Briercliff Ln, detached, 4 BR, 3 Baths, 2534 SF, $508,500

885 Lake Forest Dr, detached, 4 BR, 3 Baths, 2186 SF, $575,000

3333 Royce Way, detached, 4 BR, 3 Baths, 2697 SF, $609,007

3826 Upper Dr, detached, 4 BR. 2.5 Baths, 3194 SF, $739,900

13276 Deerfield Ct, detached, 4 BR, 2.5 Baths, 3066 SF, $749,000

Pending Sales October 28-November 3, 2013

86 Kingsgate Rd C204, a condo, 2 BR, 2 Baths, 938 SF, $100,000, 10 DOM

4000 Carman Dr #60, a condo, 2 BR, 2 Baths, 866 SF, $131,000, 198 DOM

45 Eagle Crest Dr #409, a condo, 2 BR, 2 Baths, 1214 SF, $150,000, 60 DOM

1484 Boca Ratan Dr, a townhouse, 3 BR, 1.5 Baths, 1403 SF, $199,990, 115 DOM

16250 Pacific Hwy #64, a condo, 2 BR, 2 Baths, 1305 SF, $249,000, 60 DOM

6025 Kenny St, detached, 3 BR, 1.5 Baths, 1254 SF, $309,900, 99 DOM

719 Timberline Dr, detached, 3 BR, 2.5 Baths, 2176 SF, $349,000, 3 DOM

4763 Hastings Pl, detached, 4 BR, 2.5 Baths, 2442 SF, $549,000, 4 DOM

13601 Twin Creek Ln, detached, 4 BR, 2.5 Baths, 3156 SF, $599,500, 12 DOM

19342 Riverwood LN Lot6W, detached, 4 BR, 2.5 Baths, 2806 SF, $604,900, 282 DOM

1055 Country Club Rd, detached, 2 BR, 2 Baths, 2908 SF, $749,000, 73 DOM

4153 Westbay Rd, detached, 4 BR, 3.5 Baths, 3374 SF, $1,349,000, 132 DOM

Closed Sales October 28-November 3, 2013

100 Kerr Pkwy #41, a condo, original price $105,000, closed price $104,000, 822 SF, 57 DOM

159 Oswego Summit, a condo, original price $179,000, closed price $170,000, 1506 SF, 103 DOM

16291 Lake Forest Blvd, detached, original price $269,950, closed price $225,000, 762 SF, 118 DOM

837 Country Club Rd, detached, original price $425,000, closed price $320,000, 1729 SF, 138 DOM

4200 Westbay Rd, detached, original price $419,000, closed price $345,000, 944 SF, 101 DOM

2530 Orchard Hill Pl, detached, original price $377,500, closed price $377,500, 2208 SF, 2 DOM

18759 Hillside Way, detached, original price $417,000, closed price $394,000, 3926 SF, 61 DOM

4361 Albert Circle, detached, original price $449,900, closed price $430,000, 2472 SF, 19 DOM

895 York Rd, detached, original price $479,000, closed price $440,000, 1924 SF, 39 DOM

1 Hidalgo St, detached, original price $448,500, closed price $448,500, 2489 SF, 97 DOM

14101 Redwood Ct, detached, original price $605,000, closed price $501,000, 2629 SF, 8 DOM

246 Greenwood Rd, detached, original price $589,900, closed price $540,000, 1899 SF, 73 DOM

4848 Hastings Dr, detached, original price $535,000, closed price $542,500, 2174 SF, 1 DOM

832 Hoodview Ln, detached, original price $699,000, closed price $680,000, 2456 SF, 10 DOM

18024 Skyland Circle, detached, original price $1,000,000, closed price $900,500, 3960 SF, 136 DOM

2240 Summit Ct, detached, original price $2,595,000, closed price $2,375,000, 5036 SF, 93 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 Report ~ Oct 21-27, 2013

RMLS shows 13 New properties entering the market, 19 moving to Pending status, and 8 that “Closed”/Sold last week in Lake Oswego.

Here is the breakdown of activity according to RMLS:

NEW SALES (Oct 21-27, 2013):

Address List Price # Beds # Baths Total SF Prop Type
3433 MCNARY PKWY #206 $132,000 2 2 1008 CONDO
48 EAGLE CREST DR #1B $199,000 3 2 1623 CONDO
16775 LAKE FOREST BLVD $287,000 3 2 1544 DETACHD
72 WHEATHERSTONE $364,000 4 3.1 2465 CONDO
18272 WESTVIEW DR $459,000 4 3.2 3626 DETACHD
4038 BASS LN $559,900 4 3 2816 DETACHD
5101 DAWN AVE $574,000 5 3 2700 DETACHD
2701 LAKEVIEW BLVD $629,900 3 3.1 1764 DETACHD
18112 WESTMINSTER DR $750,000 5 4 4391 DETACHD
18325 RIVER EDGE LN $919,000 3 3.1 4115 DETACHD
17852 SW UPPER CHERRY LN $1,450,000 3 3 5105 DETACHD
16767 GRAEF CIR $1,590,000 4 4.1 4449 DETACHD
1780 RIDGECREST DR $3,895,000 4 5.1 5999 DETACHD

PENDING SALES (Oct 21-27, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #13 $85,900 1 1 617 CONDO 43
4000 Carman #88 $117,000 2 2 836 CONDO 24
3808 BOTTICELLI ST $189,900 3 2 1288 CONDO 11
18717 PILKINGTON RD $236,000 3 1 1240 DETACHD 88
1261 BOCA RATAN DR $270,000 3 2 1611 ATTACHD 26
5139 TUALATA LN $329,000 3 2 1524 DETACHD 6
3285 SW CHILDS RD $350,000 4 3 2780 DETACHD 37
17310 CANAL CIR $375,000 4 2 1633 DETACHD 2
720 PEBBLE BEACH CT $399,000 4 2.1 1957 DETACHD 62
1528 CEDAR ST $399,900 3 2 2080 DETACHD 33
464 LIVINGOOD LN $409,000 4 2.1 2584 DETACHD 129
3595 TEMPEST DR $424,900 3 2 2126 DETACHD 6
855 YORK RD $449,900 4 3 2144 DETACHD 54
17940 MEADOWLARK LN $459,000 5 3 2508 DETACHD 86
619 CLARA CT $485,000 4 2.1 2958 DETACHD 37
13930 MAJESTIC CT $495,000 3 2.1 2956 DETACHD 60
1168 ANDREWS RD $725,000 3 3 1851 DETACHD 13
18682 WESTVIEW DR $745,500 5 3 3243 DETACHD 49
13052 KNAUS RD $759,000 4 3 3026 DETACHD 36

SOLD (Oct 21-27, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #204 $104,900 $105,500 1 1 768 CONDO 2
4000 CARMAN DR #79 $135,000 $130,000 2 2 993 CONDO 4
48 AQUINAS ST $300,000 $310,000 4 2 2635 DETACHD 715
4 WHEATHERSTONE $326,900 $326,900 3 2.1 1692 CONDO 29
15684 BOONES WAY $449,000 $432,000 3 2.1 2520 DETACHD 6
13043 ROGERS RD $479,000 $480,500 3 2 2213 DETACHD 3
19201 MAREE CT $749,000 $600,000 5 2.1 4070 DETACHD 153
13900 GOODALL RD $1,299,000 $1,299,000 5 3.1 4282 DETACHD 8

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) activity:

September’s activity is what they’re calling “Tapering Seasonally”  : )   It’s down from August, but very strong compared to last year.  According to RMLS, it was the strongest September for New Listings since 2010!

According to the RMLS Market Action Report for the Portland Metro Area  September, 2013:

  • At 2,158, September Closed Sales were a 17.7% down from August’s 2,623, and/but represent the best the best September for Closed Sales since 2006  when there were 2,506 !
  • There were 2,925 New Listings in September. This was a decrease of 14.5% from August, and an increase of 19.3% over September of 2012’s total of 2,451.
  • The Average Sale Price in August was $317,300, down from $321,900 in August 2013.
  • Pending Sales (accepted offers) dropped slightly from August 2013’s total of 2,614  to 2,219 in September.

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

    • 558 Active Listings
    • 161 New Listings
    • 110Pending Sales
    • 111Closed Sales
    • An average Sale Price of $459,800.
    • Average Time on the Market: 78Days
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Market Activity Oct 14-20, 2013

New listings seem to have slowed down last week with just 12 houses entering the market, but pending sales remained strong at 22, and closed sales at 14.

New Listings

86 Kingsgate Rd C204, Condo, 2 BR, 2 Baths, 938SF, $100,000

3808 Botticelli St, Condo, 3 BR, 2 Baths, 1288SF, $189,900

210 S State St, Condo, 2 BR, 1 Bath, 1284SF, $225,000

28 Greenridge Ct, Attached, 3 BR, 2 Baths, 1900SF, $294,950

2440 Greentree Rd, Detached, 3 BR, 1.5 Baths, 1850SF, $349,900

2275 Glen Haven Rd, Detached, 3 BR, 1.5 Baths, 1800SF, $399,000

3595 Tempest Dr, Detached, 3 BR, 2 Baths, 2126SF, $424,900

1571 Woodland Terrace, Detached, 3 BR, 2 Baths, 2400SF, $498,900

17575 Blue Heron Ct, Detached, 3 BR, 3.5 Baths, 2972SF, $599,900

13601 Twin Creek Ln, Detached, 4 BR, 2.5 Baths, 3156SF, $630,000

1168 Andrews Rd, Detached, 3 BR, 3 Baths, 1851SF, $725,000

17224 Cedar Rd, Detached, 3 BR, 2 Baths, 3098SF, $850,000

Pending Sales

47 Eagle Crest, Condo, 3 BR, 2 Baths, 1026SF, $119,900, 153DOM

15938 Quarry Rd B-4, Condo, 2 BR, 1 Bath, 991SF, $138,000, 184DOM

143 Oswego Summit, Condo, 3 BR, 1 Bath, 1212SF, $146,000, 24DOM

17500 Pilkington Rd, Detached, 3 BR, 1 Bath, 1050SF, $204,900, 119DOM

5813 Kennycroft Way, Detached, 3 BR, 1 Bath, 1182SF, $265,900, 107DOM

29 Greenridge Ct, Attacahed, 3 BR, 2 Baths, 1730SF, $279,900, 5DOM

4281 Cobb Way, Detached, 3 BR, 2 Baths, 1626SF, $349,900, 3DOM

3285 Childs Rd, Detached, 4 BR, 3 Baths, 2780SF, $350,000, 28DOM

643 2nd St, Attached, 2 BR, 2 Baths, 1457SF, $400,000, 39DOM

23 Da Vinci St, Detached, 3 BR, 2.5 Baths, 2024SF, $425,000, 8DOM

18321 Wood Thrush Circle, Detached, 3 BR, 2.5 Baths, 2333SF, $458,500, 71DOM

16838 Wight Ln, Detached, 4 BR, 2.5 Baths, 2364SF, $464,500, 85DOM

830 4th St, Detached, 3 BR, 2 Baths, 1690SF, $528,000, 63DOM

15677 Fieldstone Dr, Detached, 3 BR, 2.5 Baths, 2527SF, $546,500, 69DOM

4121 Hedge Nettle Ct, Detached, 3 BR, 2.5 Baths, 2307SF, $552,500, 244DOM

17973 Saint Clair Dr, Detached, 4 BR, 3 Baths, 3323SF, %550,000-$565,500, 27DOM

5780 Childs Rd, Detached, 4 BR, 2 Baths, 2770SF, $629,000, 149DOM

13520 Knaus Rd, Detached, 4 BR, 3 Baths, 2641SF, $699,000, 15DOM

19363 Riverwood Ln, Detached, 4 BR, 3 Baths, 2984SF, $719,000, 783DOM

17342 Ridgeview Ct, Detached, 4 BR, 3.5 Baths, 4240, $1,250,000, 66DOM

13050 Knaus Rd, Detached, 4 BR, 3.5 Baths, 4821SF, $1,395,000, 9DOM

425 G Ave, Detached, 4 BR, 2.5+.5 Baths, 3890SF, $1,400,000, 91DOM

Sold Listings

70 Galen ST, Condo, listed $135,000, Sold $99,000, 923SF, 231DOM

3836 Botticelli St, Attached, listed $138,000, sold $100,000, 1055SF, 315DOM

86 Kingsgate Rd #27, Condo, listed $107,500, sold $107,500, 938SF, 6DOM

5056 Foothills Dr D, Condo, listed $259,000, sold $205,000, 1252SF, 195DOM

6241 Wayzata Ct, Detached, listed $270,000, sold $245,000, 1232SF, 67DOM

17833 Central Ave, Detached, listed $339,000, sold $324,000, 1533SF, 25DOM

17140 Wall St, Detached, listed 455,000, sold $455,000, 3711SF, 6DOM

810 9th St, Detached, listed $535,000, sold $535,000, 2510SF, 0DOM

4836 Hastings Dr, Detached, listed 630,000, sold $600,000, 2855SF, 32DOM

14370 Uplands Dr, Detached, listed $699,000, sold $683,000, 3036SF, 42DOM

547 Middlecrest Rd, Detached, listed 699,000, sold $683,000, 3036SF, 116DOM

17555 Brookhurst Dr, Detached, listed $710,000, sold $710,000, 3846SF, 1DOM

17878 Hillside Dr, Detached, listed $754,900, sold $750,000, 3594SF, 1DOM

19575 35th Ct, Detached, listed $1,135,000, sold $997,000, 6081SF, 43DOM

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

Market Activity ~ Oct 7-13, 2013

We’ve got steady activity in Lake Oswego. RMLS shows 11 New properties entering the market, 20 moving to Pending status, and 15 that “Closed”/Sold.

Here is the breakdown of activity last week according to RMLS:

NEW SALES (Oct 7-13, 2013):

Address List Price # Beds # Baths Total SF Prop Type
4405 THUNDER VISTA LN $245,500 2 2.1 2002 CONDO
29 GREENRIDGE CT $279,900 3 2 1730 ATTACHD
15 SUMMIT RIDGE CT $339,900 2 2.1 1750 ATTACHD
250 FURNACE ST $389,000 2 1 899 DETACHD
23 DA VINCI ST $425,000 3 2.1 2024 DETACHD
17129 KELOK RD $499,000 3 2 1996 DETACHD
13036 SIERRA CT $549,900 3 2 2214 DETACHD
421 MIDDLECREST RD $645,000 3 2.1 2383 DETACHD
3033 WESTVIEW CIR $900,000 5 4.1 5013 DETACHD
19354 LORNA LN $950,000 4 3.1 4169 DETACHD
1978 EGAN WAY $1,995,000 4 5.2 6761 DETACHD

PENDING SALES (Oct 7-13, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #79 $135,000 2 2 993 CONDO 4
45 EAGLE CREST DR #508 $179,900 2 2 1046 CONDO 29
3101 MCNARY PKWY $220,000 3 2.1 1894 ATTACHD 354
15495 BRIANNE CT $232,000 2 2.1 1292 ATTACHD 35
837 COUNTRY CLUB RD $349,000 4 3 1729 DETACHD 121
4200 WESTBAY RD $359,000 2 1 944 DETACHD 101
791 BRIERCLIFF LN $359,900 3 2.1 1736 DETACHD 90
1023 LUND ST $375,000 4 2.1 2313 DETACHD 99
1645 CLOVERLEAF RD $397,000 3 3 2494 DETACHD 33
1250 HEMLOCK ST $399,950 3 2 2656 DETACHD 90
45 TANGLEWOOD DR $433,900 5 3.1 3166 DETACHD 4
5602 SOUTHWOOD DR $498,900 4 2.1 2636 DETACHD 20
4545 DOGWOOD DR $499,500 3 2 2483 DETACHD 8
1941 GREEN ACRES LN $499,900 4 2.1 2449 DETACHD 227
330 D AVE $554,900 3 2 3150 DETACHD 0
113 FURNACE ST / Grnd $635,000 2 2.1 2154 CONDO 6
5267 LAKEVIEW BLVD $674,900 4 3.1 3454 DETACHD 87
5900 SUNCREEK DR $699,900 4 2.1 3736 DETACHD 106
13900 GOODALL RD $1,299,000 5 3.1 4282 DETACHD 8
17700 Lake Haven DR $1,579,900 4 3.1 4006 DETACHD 36

SOLD (Oct 7-13, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
13 CRESTFIELD CT $46,916 $70,000 1 0.1 550 CONDO 323
284 CERVANTES CIR $104,500 $92,650 2 2 1052 CONDO 238
3930 LAKE GROVE AVE #3B $136,000 $103,000 2 1 952 CONDO 188
44 EAGLE CREST DR $120,000 $124,000 2 1 908 CONDO 29
482 S STATE ST #3B $195,900 $151,380 2 1 1659 CONDO 149
3433 SW MCNARY PKWY #504 $174,700 $165,000 2 2.1 1136 CONDO 43
3978 SW CARMAN DR $169,900 $169,900 2 2.1 1098 ATTACHD 3
12808 BOONES FERRY RD $279,000 $250,000 3 2.1 1174 CONDO 76
17650 DEEMAR WAY $310,000 $295,000 4 2 1375 DETACHD 31
18971 Indian Springs CIR $375,000 $375,000 3 2 1525 DETACHD 93
2 ABELARD ST $449,900 $419,900 3 3.1 2435 DETACHD 100
2188 OVERLOOK DR $499,900 $450,000 4 2.1 2594 DETACHD 130
4860 CENTERWOOD ST $479,000 $460,000 5 2.1 2533 DETACHD 64
17393 GRANDVIEW CT $659,900 $532,000 4 3.1 3672 DETACHD 243
5064 WOODCREST LN / Lt 11 $639,900 $668,530 4 2.1 3215 DETACHD 209

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