Market Activity Sept 2-8, 2013

Last week’s real estate activity remained strong in Lake Oswego with more homes selling than came onto the market. There were 14 new listings, 18 homes that received accepted offers, and 9 closed sales.

Here is the breakdown of activity according to RMLS:

NEW SALES (Sept 2-8, 2013):

Address Type Price BR Bths SF
47 Crestfield Ct Condo $100,000 2 1.5 923
45 Eagle Crest Dr #409 Condo $150,000 2 2 1214
15495 Brianne Ct Attached $235,000 2 2.5 1292
15056 Reese Rd Detached $329,500 3 2 1667
5077 W Sunset Dr Attached $359,000 2 2.5 1720
643 2nd ST Attached $425,000 2 2 1457
1645 Cloverleaf Rd Detached $429,900 3 3 2494
15481 Tanager Dr Detached $439,000 3 2.5 2064
17988 Rebecca Ln Detached $549,900 5 3 2554
18682 Westview Dr Detached $745,000 5 3 3243
3300 River Woods Pl Detached $765,000 3 2.5 3642
4948 Hampton Ct Detached $949,000 2 3.5 3450
17700 Lake Haven Dr Detached $1,579,900 4 3.5 4006
2786 Glenmorrie Dr Detached $1,600,000 5 4.5+.5 6095

PENDING SALES (Sept 2-8, 2013)

Address Type Price BR Baths SF DOM
205 Cervantes #205 Condo $119,950 2 1.5 1216 212
4 Touchstone #119 Attached $144,900 3 2.5 1351 7
668 McVey Ave Condo $210,000 2 1 852 1
18420 Don Lee Way Detached $255,000 3 1 924 68
5432 Kenny St Detached $269,000 3 1 1352 96
6420 McEwan Rd Detached $269,900 3 2 1220 17
95 Kingsgate Rd Detached $299,000 3 2.5 1669 3
16901 Lakeridge Dr Detached $324,000 4 3 2080 235
5103 Madrona St Detached $349,900 2 2 1329 9
4271 Woodside Circle Attached $360,000 3 2 2126 24
14372 Camden Ln Detached $439,000 3 2.5 2348 7
12l92 Hide A Way Ln Detached $525,000 4 2.5 2229 38
5052 Woodcrest Ln Lot 12 Detached $675,000 4 3.5 3340 111
832 Hoodview Ln Detached $699,000 4 2 2456 10
17878 Hillside Dr Detached $754,900 5 3 3594 1
16805 Scott Ct Detached $868,000 4 3.5 4321 231
4540 Lamont Way Detached $899,950 4 2.5 3555 58
1075 Chandler Rd Detached $1,399,900 5 4.5 5710 148

SOLD (Aug 26-Sept 1, 2013)

Address Type List Price Closed Price Sq Ft CDOM
44 Eagle Crest Dr #29 Condo $134,900 $135,000 798 34
750 1st ST A7 Condo $164,900 $176,000 1350 17
85 Laurel St Detached $360,000 $350,000 2820 102
20 Walking Woods Dr Detached $475,000 $430,000 3,144 100
785 9th ST Detached $450,000 $527,000 2477 67
5670 Charles Circle Detached $650,000 $625,000 3070 25
13801 Knaus Rd Detached $1,198,000 $950,000 2500 47
17485 Cardinal Dr Detached $1,325,000 $1,175,000 3307 105
1131 Northshore Rd Detached $1,280,000 $1,222,500 3850 57

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

Market Activity ~ Aug 26-Sept 1, 2013

Lots of folks finishing up the traditional “summer” with real estate purchases.

Last week shows 14 New properties entering the market, 26 moving to Pending status, and 16 that “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 26-Sept 1, 2013):

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE #119 $144,900 3 2.1 1351 ATTACHD
15240 BOONES WAY $174,500 2 2 1180 CONDO
16250 PACIFIC HWY #64 $249,000 2 2 1305 CONDO
6380 WASHINGTON CT $339,000 3 2 1720 DETACHD
5103 MADRONA ST $349,900 2 2 1329 DETACHD
14372 CAMDEN LN $439,000 3 2.1 2348 DETACHD
855 YORK RD $464,500 4 3 2144 DETACHD
3200 UPPER DR $469,500 4 3 2543 DETACHD
3075 TOLKIEN LN $675,000 3 2.1 2667 DETACHD
832 HOODVIEW LN $699,000 4 2 2456 DETACHD
1623 GLENMORRIE DR $963,000 5 4.1 5894 DETACHD
931 Atwater RD $1,479,000 4 4.1 4764 DETACHD
2950 WEMBLEY PARK RD $2,295,000 4 5.1 6329 DETACHD

PENDING SALES (Aug 26-Sept 1, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13 CRESTFIELD CT $69,000 1 0.1 550 CONDO 292
57 GALEN ST $69,900 1 1 689 CONDO 59
100 KERR PKWY #41 $105,000 2 1.1 822 CONDO 37
668 MCVEY AVE #82 $172,000 2 1.1 992 CONDO 34
5051 FOOTHILLS DR #E $189,900 2 2 991 CONDO 6
5836 SW LAKEVIEW CT $195,000 3 1 1296 DETACHD 81
45 EAGLE CREST DR #522 $219,900 3 2 1348 CONDO 38
4302 BOTTICELLI ST #2 $235,000 3 3.1 2298 CONDO 105
200 BURNHAM RD #209 $295,000 2 2 1305 CONDO 28
4221 COBB WAY $299,900 3 2 1724 DETACHD 3
14854 TWIN FIR RD $310,000 3 2 1287 DETACHD 52
4 WHEATHERSTONE #2 $326,900 3 2.1 1692 CONDO 6
1284 ROCKINGHORSE LN $395,000 4 2 1852 DETACHD 22
621 COUNTRY CLUB RD $400,000 4 2.1 3303 DETACHD 391
13395 VERMEER DR $424,000 3 2.1 2461 DETACHD 75
4286 ORCHARD WAY $454,900 3 2 1998 DETACHD 73
17140 WALL ST $455,000 4 3 3711 DETACHD 6
1501 KOAWOOD DR $465,000 4 3 2993 DETACHD 42
2234 FERNWOOD CIR $474,900 4 3 3000 DETACHD 175
6 HILLSHIRE DR $499,000 5 3 3254 DETACHD 60
32 WESTRIDGE DR $499,900 4 2.2 3653 DETACHD 158
817 HOODVIEW LN $769,000 5 3 3446 DETACHD 30
17912 KELOK RD $919,000 5 3 3007 DETACHD 0
18024 SKYLAND CIR $969,000 3 3.2 3960 DETACHD 136
3149 DOUGLAS CIR $1,099,800 5 3.2 5237 DETACHD 443

SOLD (Aug 26-Sept 1, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #126 $115,000 $117,000 2 2 984 CONDO 116
13 ERASMUS ST $234,900 $216,500 2 2.1 1434 ATTACHD 87
4458 THUNDER VISTA LN $225,000 $225,000 2 2.1 2200 CONDO 36
1706 BOCA RATAN DR $285,000 $280,000 3 2.1 1739 ATTACHD 2
23 MOUNTAIN CIR $289,900 $295,000 2 2 1363 DETACHD 18
1223 HEMLOCK ST $285,000 $295,000 2 1 748 DETACHD 2
46 GREENRIDGE CT $295,000 $300,900 3 2.1 2136 CONDO 9
4779 HERITAGE LN $429,000 $407,500 3 2 2121 DETACHD 26
16966 SUMMER PL $525,000 $513,000 4 2.1 3065 DETACHD 30
4755 AVERY LN $599,000 $595,000 4 2.1 2735 DETACHD 1
1535 LARCH ST $575,000 $605,000 4 3 2712 DETACHD 5
524 WEIDMAN CT $629,000 $605,000 4 2.1 3450 DETACHD 262
18217 DELENKA LN $689,000 $650,000 4 3 4171 DETACHD 53
17903 UPPER CHERRY LN $924,000 $839,000 4 2.1 3912 DETACHD 33
2500 GLEN EAGLES RD $2,295,000 $2,050,000 5 4.1 5565 DETACHD 104

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

Market Activity Aug 19-25, 2013

Here is last week’s real estate activity for Lake Oswego:
20 newly listed properties
17 properties with offers accepted
12 properties that closed and are officially sold.

I would also like to pay tribute to Martin Luther King, a great man who 50 years ago showed us the meaning of freedom. He was a truly great American.

Martin Luther King August 28, 1963
Martin Luther King
August 28, 1963

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 19-25, 2013):

Address Type Price BR Bths SF
5051 Foothills Dr E Condo $189,900 2 2 991
200 Burnham Rd #406 Condo $199,999 2 1 1199
4221 Cobb Way Detached $299,900 3 2 1724
16200 Pacific Hwy #10 Condo $310,000 2 2 1190
4185 Childs Rd Detached $319,900 3 1.5 1175
4 Wheatherstone #2 Condo $326,900 3 2.5 1692
4990 Oakridge Rd Detached $329,000 3 2 1700
17833 Central Ave Detached $339,000 3 2 1533
1602 Greentree Rd Detached $412,500 3 2 1708
17140 Wall St Detached $455,000 4 3 3711
6187 Frost Ln Detached $459,000 4 2.5 2149
915 Bullock St Detached $475,000 4 3 2986
895 York Rd Detached $479,000 3 2 1924
13930 Majestic Ct Detached $495,000 3 2.5 2956
429 10th St Detached $495,000 4 3 2280
1500 Eastview Ct Detached $649,000 4 3.5 3946
1805 Glenmorrie Terrace Detached $798,000 3 2.5 2640
18499 Old River Dr Detached $819,000 4 3.5 4020
18025 Skyland Circle Detached $1,199,000 4 4.5+.5 5379
1032 Westward Ho Rd Detached $1,999,000 4 3.5 3404

PENDING SALES (Aug 19-25, 2013)

Address Type Price BR Baths SF DOM
45 Eagle Crest Dr #204 Condo $104,900 1 1 768 2
3978 Carman Dr Attached $169,900 2 2.5 1098 3
3864 Botticelli St Condo $174,950 2 1.5 1132 4
1280 Oak Terrace Detached $274,900 3 2 1990 43
3616 Lake Grove Ave Detached $319,000 3 2 1150 0
5195 Firwood Rd Detached $359,000 3 3 1926 80
85 Laurel St Detached $360,000 4 3 2820 102
16 Aquinas St Detached $400,000 3 2.5 1658 1
720 Pebble Beach Ct Detached $405,000 4 2.5 1957 2
908 Cumberland Pl Detached $439,500 4 3 2715 73
5272 Tualata Ln Detached $500,000 4 3 2529 67
14101 Redwood Ct Detached $605,000 3 3.5 2629 8
13432 Rogers Rd Detached $675,000 3 2.5 3454 28
2833 Rivendell Rd Detached $698,000 4 2.5 2932 72
5623 Grand Oaks Dr Detached $699,000 4 2.5 3323 15
17160 Kelok Rd Detached $699,000 4 4 4650 10
12210 Orchard Hill Rd Detached $1,495,000 4 3.5+.5 4640 67

SOLD (Aug 19-25, 2013)

Address Type List Price Closed Price Sq Ft CDOM
18545 Kristi Way Detached $279,000 $265,000 1307 2
1129 Cherry Ln Detached $379,900 $320,000 2421 91
31 Oriole Ln Detached $375,000 $355,000 1968 38
16200 Terrace Dr Detached $400,000 $430,000 2,085 2
980 Cumberland Place Detached $475,000 $475,000 2791 7
5482 Bay Creek Dr Detached $564,900 $552,878 2554 5
4860 Hastings Dr Detached $645,000 $630,000 2942 21
17692 Woodhurst Pl Detached $789,000 $748,290 3890 24
14100 Taylors Crest Ln Detached $850,000 $820,000 4087 43
3720 Marquis Ct Detached $885,000 $835,000 4795 122
481 9th St Detached $879,000 $879,000 2813 3
17809 Kelok Rd Detached $1,249,000 $1,268,000 3700 22

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

Market Activity ~ Aug 12-18, 2013

Great action in Lake Oswego. Summertime interest continues.

Last week shows 20 New properties entering the market, 11 moving to Pending status, and 20 that “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 12-Aug 18, 2013):

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE #104 $127,500 3 2.1 1351 CONDO
3433 MCNARY PKWY #702 $167,500 2 2.1 1136 CONDO
3864 SW BOTTICELLI ST $174,950 2 1.1 1132 CONDO
6420 MCEWAN RD $279,900 3 2 1220 DETACHD
668 MCVEY AVE #32 $379,000 3 1.1 992 CONDO
16775 WESTVIEW DR $389,000 3 2.1 1830 DETACHD
17273 BRYANT RD $399,000 3 1.1 1432 DETACHD
67 TANGLEWOOD DR $434,900 4 2.1 3068 DETACHD
18281 WOOD THRUSH CIR $459,500 4 2.1 2240 DETACHD
17778 MARYLCREEK DR $499,900 3 2.1 2741 DETACHD
830 4TH ST $545,000 3 2 1690 DETACHD
4836 HASTINGS DR $630,000 4 2.1 2855 DETACHD
17160 Kelok RD $699,000 4 4 4650 DETACHD
53 D AVE $725,000 3 3 2610 DETACHD
1055 COUNTRY CLUB RD $799,900 2 2 2908 DETACHD
2023 Ridgewood RD $969,000 4 2.1 4340 DETACHD
17375 RIDGEVIEW CT $995,000 4 3.1 4065 DETACHD
17342 RIDGEVIEW CT $1,250,000 4 3.1 4240 DETACHD
14050 GOODALL RD $1,675,000 5 4.2 6834 DETACHD

PENDING SALES (Aug 12-Aug 18, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3836 BOTTICELLI ST $129,000 2 2 1055 ATTACHD 315
26 CONDOLEA DR $225,000 2 2 1420 CONDO 2
16616 LAKE FOREST BLVD $229,000 2 1 1056 DETACHD 2
1129 CHERRY LN $319,900 4 2.1 2421 DETACHD 91
4 SAINT HELENS CIR $319,900 3 2 1617 DETACHD 25
1274 HALLINAN CIR $339,900 3 2 1337 DETACHD 1
1520 ASH ST $399,900 2 1 1200 DETACHD 10
18 INDEPENDENCE AVE $459,000 4 3 3714 DETACHD 6
5272 TUALATA LN $500,000 4 3 2529 DETACHD 59
45 AQUINAS ST $554,000 3 2.1 2981 DETACHD 62
15203 LILY BAY CT $600,000 4 2.1 3219 DETACHD 1

SOLD (Aug 12-Aug 18, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE #14 $119,900 $117,000 1 1 636 CONDO 2
4420 BERNARD ST $385,000 $385,000 3 2.1 1835 DETACHD 0
29 MORNINGVIEW CIR $440,000 $440,000 3 2.1 2280 DETACHD 3
31 WALKING WOODS DR $450,000 $442,400 4 3 2889 DETACHD 19
15 SPINOSA $459,900 $449,000 3 3 2300 DETACHD 81
18781 INDIAN CREEK WAY $455,000 $460,000 4 2.1 2355 DETACHD 3
18442 DEERBRUSH AVE $479,000 $465,000 4 2.1 2550 DETACHD 40
9 BERNINI CT $515,000 $493,000 3 2.1 3166 DETACHD 18
14066 CHATHAM CT $574,900 $568,300 5 2.1 2800 DETACHD 6
19318 RIVERWOOD LN #LOT 8W $611,451 $613,887 5 4 3110 DETACHD 0
13680 KNAUS RD $749,000 $730,000 3 2.1 3006 DETACHD 57
5676 SUNCREEK DR $819,900 $775,000 4 3.1 3312 DETACHD 102
15559 VILLAGE DR $900,000 $895,000 4 2.1 3458 DETACHD 0
588 9TH ST $795,000 $962,222 4 2.1 2741 DETACHD 42
792 5TH ST $1,195,000 $1,050,000 4 4.1 4379 DETACHD 21
18520 DELENKA LN $1,299,000 $1,235,000 4 4 5986 DETACHD 381
17900 CRESTLINE DR $1,699,000 $1,445,000 5 3.1 4738 DETACHD 212
693 TERRACE DR $1,898,000 $1,750,000 4 3 3296 DETACHD 282
1505 LAKE FRONT RD $2,250,000 $2,100,000 4 3.1 4927 DETACHD 54

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

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:

July numbers were very good, mostly “up” and much better than the trend we saw from May to June.

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

  • At 2,766, July Closed Sales were a 10.2% increase from June’s 2,500, and a big jump over July 2012’s total of 1,973.
  • There were 3,877 New Listings in July. This was an increase of 3.4% from June, and an increase of 22.6% over July of 2012.
  • The Average Sale Price in July was $326,500, up $12,600. from $313,900 in June 2013.
  • Pending Sales (accepted offers) dropped slightly from June 2013’s total of 2,804  to 2,738  in July.

For our Property Blotter readers, the numbers for the combined area of Lake Oswego and West Linn  were up in all but one categories (last month Pendings were at 152 : ):

    • 561 Active Listings
    • 245 New Listings
    • 150Pending Sales
    • 183 Closed Sales
    • An average Sale Price of $525,300.
    • Average Time on the Market: 88Days

Market Activity Aug 5-11, 2013

Last week in Lake Oswego there were 24 new listings, 18 homes that went into pending status, and 13 closed sales.

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 5-11, 2013):

Address Type Price BR Bths SF
44 Eagle Crest Dr #1 Condo $128,000 2 1 908
3433 McNary Pkwy #504 Condo $174,700 2 2.5 1136
26 Condolea Dr Condo $225,000 2 2 1420
1784 Bonniebrae Dr Condo $270,000 2 1.5 1393
17650 Deemar Way Detached $310,000 4 2 1375
1225 Spruce St Detached $320,000 3 1.5 1732
4271 Woodside Circle Attached $360,000 3 2 2126
1284 Rockinghorse Ln Detached $395,000 4 2 1852
1520 Ash St Detached $399,900 2 1 1200
18 Independence Ave Detached $459,000 4 3 3714
18321 Wood Thrush Circle Detached $469,000 3 2.5 2333
6 Scarborough Dr Detached $520,500 5 3 2513
12 Buckingham Ter Detached $535,000 5 3.5 3642
15677 Fieldstone Dr Detached $546,500 3 2.5 2517
4105 Upper Dr Detached $549,000 4 2 3463
17486 Redfern Ave Detached $599,000 3 2 1700
18103 Westminster Dr Detached $699,900 4 2.5 3344
41114 Casey Ct Detached $719,000 4 2.5 3405
5623 Grand Oaks Dr Detached $729,900 4 2.5 3323
592 7th St Detached $869,000 2 3 2519
4018 Coho Ln Detached $959,000 4 4.5 5128
18430 Tamaway Dr Detached $969,000 4 2.5+.5 4100
19575 35th Ct Detached $1,135,000 4 3 6081
202 Berwick Rd Detached $2,250,000 5 4.5 5679

PENDING SALES (Aug 5-11, 2013)

Address Type Price BR Baths SF DOM
47 Eagle Crest Dr #48 Condo $75,000 1 1 696 1
750 1st St A7 Condo $164,900 2 2 1350 17
17500 Pilkington Rd Detached $219,900 3 1 1050 48
18717 Pilkington Rd Detached $240,000 3 1.5 1240 12
4328 Botticelli St Condo $259,900 2 2.5 2260 13
4204 Woodside Circle Attached $269,900 2 2 1308 41
5859 Kennycroft Way Detached $269,900 3 1.5 1235 2
18545 Kristi Way Detached $279,000 3 1.5 1307 2
600 Tippecanoe Ct Detached $359,000 3 2 1812 51
4200 Westbay Rd Detached $399,000 2 1 944 38
845 Lake Forest Dr Detached $399,000 3 1 1359 0
916 Cumberland Rd Detached $399,950 3 2 1700 4
16978 Canal Circle Detached $439,000 3 2 2062 3
908 Cumberland Pl Detached $439,500 4 3 2715 58
303 Lake Bay Ct Detached $459,900 3 2.5 1560 95
16878 Gassner Ln Detached $489,000 4 2 2998 37
19424 Olson Ave Detached $525,000 4 2.5 2777 5
17450 Treetop Way Detached $549,500 5 3 3752 114

SOLD (Aug 5-11, 2013)

Address Type List Price Closed Price Sq Ft CDOM
188 Oswego Summit Condo $139,950 $139,950 1383 13
3285 Childs Rd Detached $340,000 $220,000 2780 183
6 The Grotto Detached $309,900 $309,900 1381 14
540 2nd St Condo $359,900 $340,000 1,520 18
6173 Washington Ct Detached $370,000 $344,000 1440 55
15509 Partridge Dr Detached $419,900 $398,500 2299 15
13710 Knaus Rd Detached $499,900 $500,000 2021 3
134 Del Prado St Detached $569,000 $540,000 3972 21
13520 Knaus Rd Detached $549,000 $549,000 2641 2
4102 Chad Dr Detached $614,950 $605,000 2987 51
17766 Marylcreek Dr Detached $639,000 $639,000 4472 1110
2744 Tolkien Ln Detached $649,900 $643,370 3888 3
4605 Chelsea Ln Detached $649,900 $649,900 3411 18

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

Market Activity ~ July 29-Aug 4, 2013

Sun, sun sun, here it comes!  Summertime market activity is moving right along.

Last week shows 20 New properties entering the market, 22 moving to Pending status, and 30 that “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

NEW SALES (July 29-Aug 4, 2013):

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #41 $126,900 2 1 908 CONDO
44 EAGLE CREST DR #37 $132,900 2 1 908 CONDO
13 MOUNTAIN CIR $227,000 2 1.1 1374 DETACHD
200 BURNHAM RD #209 $295,000 2 2 1305 CONDO
18 WHEATHERSTONE $295,900 3 2.1 1692 CONDO
9 EAGLE CREST DR $325,000 3 2 1492 DETACHD
1400 PARRISH ST $359,000 3 2.1 1880 ATTACHD
4401 OAKRIDGE RD $439,000 2 2.1 1692 ATTACHD
16038 REESE RD $479,500 3 3 3154 DETACHD
19424 OLSON AVE $525,000 4 2.1 2777 DETACHD
1125 C AVE $575,000 3 1.1 2558 DETACHD
3254 DUNCAN DR $579,000 4 3.1 3997 DETACHD
15713 TARA PL $649,000 4 2.1 3442 DETACHD
18042 JENIFERS WAY $657,950 4 3 2946 DETACHD
18064 JENIFERS WAY $667,950 5 3 2965 DETACHD
817 HOODVIEW LN $769,000 5 3 3446 DETACHD
13515 STREAMSIDE DR $849,900 5 4.1 4357 DETACHD
14084 GOODALL RD $1,550,000 5 5.1 5399 DETACHD
18414 OLD RIVER LNDG $2,588,000 4 4.2 6498 DETACHD

PENDING SALES (July 29-Aug 4, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
247 CERVANTES $193,499 2 2 1384 CONDO 46
23 MOUNTAIN CIR $289,900 2 2 1363 DETACHD 18
46 GREENRIDGE CT $295,900 3 2.1 2136 CONDO 9
15205 BOONES WAY $299,900 3 2 1600 ATTACHD 147
17521 HILL WAY $344,900 3 2 2283 DETACHD 106
5051 W SUNSET DR $375,000 2 2.1 1734 ATTACHD 7
31 ORIOLE LN $375,000 3 3 1968 DETACHD 38
20 WALKING WOODS DR $450,000 5 3 3144 DETACHD 100
785 9TH ST $450,000 3 2.1 2477 DETACHD 67
1535 LARCH ST $575,000 4 3 2712 DETACHD 5
1873 OAK ST $599,000 3 2.1 3576 DETACHD 157
5670 CHARLES CIR $625,000 4 2.1 3070 DETACHD 25
524 WEIDMAN CT $629,000 4 2.1 3450 DETACHD 262
18217 DELENKA LN $689,000 4 3 4171 DETACHD 53
14370 UPLANDS DR $699,000 5 3 3036 DETACHD 42
3720 MARQUIS CT $885,000 4 2.2 4795 DETACHD 122
878 7TH ST $889,500 4 3.1 2858 DETACHD 120
17485 CARDINAL DR $1,195,000 4 3.1 3307 DETACHD 105
1115 LAKE FRONT RD $1,839,000 4 4 3900 DETACHD 114
2500 GLEN EAGLES RD $2,295,000 5 4.1 5565 DETACHD 104
2240 SUMMIT CT $2,595,000 3 3.1 5036 DETACHD 93

SOLD (July 29-Aug 4, 2013)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
360 CERVANTES CIR #14F $114,500 $95,000 2 1 832 CONDO 36
68 Galen $125,000 $108,000 2 1 923 CONDO 40
4 TOUCHSTONE DR #74 $153,000 $144,250 3 2.1 1351 CONDO 286
18793 BENFIELD AVE $275,000 $262,000 3 2 1915 DETACHD 500
5311 CHINOOK CT $299,900 $295,000 3 2 1488 DETACHD 4
13198 PETERS RD $434,500 $415,000 3 2.1 2630 DETACHD 19
6155 FROST LN $474,500 $427,000 4 2.1 2364 DETACHD 77
42 SPINOSA $439,900 $439,900 3 2.1 2056 DETACHD 36
14371 SHERBROOK PL $467,500 $445,000 3 2.1 2550 DETACHD 67
5490 ROYAL OAKS DR $449,900 $449,900 3 2 1761 DETACHD 1
16147 LAKE FOREST BLVD $459,500 $450,000 4 3 2889 DETACHD 11
207 EVERGREEN RD $470,000 $455,000 3 3.1 1789 ATTACHD 3
805 HEMLOCK ST $474,900 $455,000 4 3 2491 DETACHD 34
2395 GREENTREE RD $489,000 $458,300 4 2.1 2832 DETACHD 14
17742 MARYLCREEK DR $475,000 $470,000 4 2.1 2494 DETACHD 4
3653 TEMPEST DR $500,000 $500,000 4 2.1 3114 DETACHD 4
3540 UPPER DR $524,900 $520,000 4 2.1 2716 DETACHD 14
12 JUAREZ ST $579,000 $563,159 4 3.2 3735 DETACHD 26
18460 RAY RIDGE DR $650,000 $615,200 3 2.1 3241 DETACHD 114
1222 TIMBERLINE DR $649,900 $625,610 4 3 3256 DETACHD 32
17937 Kelok RD $675,000 $630,000 5 2 2466 DETACHD 21
13210 DEERFIELD CT $649,900 $637,500 4 2.1 3341 DETACHD 66
5710 CHARLES CIR $668,000 $662,000 4 2.1 3061 DETACHD 4
5507 BAY CREEK DR $799,900 $746,950 5 3.1 3900 DETACHD 40
2719 RIVENDELL RD $799,000 $760,000 4 2.1 3554 DETACHD 36
17920 SARAH HILL LN $789,900 $765,000 4 3 2459 DETACHD 9
3012 RIVENDELL RD $900,000 $880,000 5 4.1 4607 DETACHD 71
14460 UPLANDS DR $1,650,000 $1,395,000 4 3.1 3989 DETACHD 276
16743 GRAEF CIR $1,495,000 $1,440,000 4 2.1 3772 DETACHD 362

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

Market Activity July 22-28, 2013

Last week in Lake Oswego there were 25 new listings, 19 pending sales, and 26 Closed sales. Among the closed sales was the house on Furnace St that the City purchased a few months ago to create an easement for a pedestrian path along the Willamette River. The house sold for $50,000 less than the city paid for it prior to creating the easement. I love that path and I am excited to see its continuation.
Here is the breakdown of activity according to RMLS:

 

NEW SALES (July 22-28, 2013):

Address Type Price BR Bths SF
100 Kerr Pkwy #41 Condo $105,000 2 1.5 822
750 1st St A7 Condo $164,900 2 2 1350
668 McVey Ave #82 Condo $172,000 2 1.5 992
45 Eagle Crest Dr $522 Condo $219,900 3 2 1348
18717 Pilkington Rd Detached $240,000 3 1.5 1240
4328 Botticelli St Condo $259,900 2 2.5 2260
6241 Wayzata Ct Detached $279,000 3 1 1232
46 Greenridge Ct Condo $295,900 3 2.5 2136
6025 Kenny St Detached $314,900 3 1.5 1254
765 Maple St Detached $359,900 3 2 1998
5051 Sunset Dr Attached $375,000 2 2.5 1734
26 Briarwood Rd Detached $425,000 4 2.5+.5 2554
16838 Wight Ln Detached $469,500 4 2.5 2364
17940 Meadowlark Ln Detached $499,000 5 3 2508
13378 Peters Rd Detached $549,000 3 2.5+.5 2355
1292 Hida A Way Ln Detached $550,000 4 2.5 2229
98 Garibaldi St Detached $550,000 3 2.5 3713
1535 Larch St Detached $575,000 4 3 2712
11 Masaryk St Detached $619,900 5 4 4823
13432 Rogers Rd Detached $675,000 3 2.5 3454
13561 Goodall Rd Detached $699,000 4 2 2484
14920 Twin Fir Rd Detached $739,000 3 1.5 1530
4393 Sundew Ct Detached $799,900 3 2.5 4881
13537 Fielding Rd Detached $995,000 4 3.5 4188
2675 Glen Eagles Rd Detached $1,995,000 5 5 5609

PENDING SALES (July 22-28, 2013)

Address Type Price BR Baths SF DOM
44 Eagle Crest Dr #29 Condo $134,900 1 1 798 34
44 Eagle Crest Dr #3 Condo $139,900 3 2 1085 52
45 Eagle Crest Dr #119 Condo $179,900 3 2 1348 114
13 Erasmus St Attached $215,000 2 2.5 1434 87
4458 Thunder Vista Ln Condo $225,000 2 2.5 2200 36
4260 Southshore Blvd Detached $299,900 2 2 1268 87
4 Saint Helens Circle Detached $319,900 3 2 1617 6
1505 Ivy Ct Detached $350,000 4 2.5 2656 5
4730 Firwood Rd Detached $350,000 4 2 2124 6
4779 Heritage Ln Detached $414,900 3 2 2121 26
17859 Hillside Way Detached $417,000 5 3 3926 11
14071 Sundeleaf Dr Detached $449,900 5 3 2600 28
18442 Deerbrush Ave Detached $479,000 4 2.5 2550 40
2195 Glenmorrie Ln Detached $534,900 3 2 2461 47
12991 Sierra Ct Detached $569,900 3 2.5 2544 58
2744 Tolkien Ln Detached $649,900 4 3 3888 3
19201 Maree Ct Detached $659,000 5 2.5 4070 101
716 Lakeshore Rd Detached $750,000 3 2 1878 0
1131 Northshore Rd Detached $1,280,000 4 3 3850 57

SOLD (July 22-28, 2013)

Address Type List Price Closed Price Sq Ft CDOM
47 Eagle Crest Dr #55 Condo $62,000 $59,000 672 8
47 Eagle Crest Dr #30 Condo $64,900 $60,000 666 168
44 Eagle Crest Dr #17 Condo $70,000 $74,000 798 10
4654 Lower Dr A2 Condo $100,000 $95,000 1,206 563
4 Touchstone #147 Condo $165,000 $154,250 1351 6
4417 Thunder Vista Ln Condo $192,600 $173,000 1455 116
4105 Jefferson Pkwy Condo $215,000 $215,000 1359 11
12826 Boones Ferry Rd Condo $269,900 $260,000 1136 17
5895 Burma Rd Detached $334,900 $312,500 1781 72
1685 Mapleleaf Rd Detached $349,900 $330,000 1426 39
19135 Redwing Ct Detached $320,000 $335,000 1326 4
18740 Wood Duck Circle Detached $489,000 $485,000 2535 8
47 Hillshire Dr Detached $519,000 $512,500 2963 5
18183 Westminster Dr Detached $558,000 $533,500 3066 50
15988 White Oaks Dr Detached $575,000 $537,600 2854 34
13005 Rogers Rd Detached $569,900 $538,000 2,917 55
14130 Gabrielle Ct Detached $589,000 $579,000 2877 12
720 Maple St Detached $619,000 $610,000 3966 483
1541 Maple St Detached $699,900 $652,000 33215 46
1985 Country Club Rd Detached $699,999 $700,000 3630 336
2643 Rivendell Rd Detached $727,000 $715,000 3466 4
2896 Tolkien Ln Detached $749,000 $724,000 5180 15
17797 Marylcreek Dr Detached $775,000 $745,000 3220 10
455 Furnace St Detached $1,170,000 $1,140,000 4000 60
15567 Village Dr Detached $1,295,000 $1,250,000 5247 12
18210 Crestline Dr Detached $1,600,000 $1,493,000 3725 0

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

Market Activity ~ July 15-21, 2013

Thank you to Laura Berman for this shot ! www.LauraBermanMusic.com
“Moon Over Lake Oswego” ~ Thank you to Laura Berman for this shot ! www.LauraBermanMusic.com

 

 

 

 

 

 

Summer is moving along rather well with last week showing 28 New properties entering the market, 18 moving to Pending status, and 24 that “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

 

 

NEW SALES (July 15-21, 2013):

Address List Price # Beds # Baths Total SF Prop Type
45 OSWEGO SMT $100,000 1 1 767 CONDO
4 SAINT HELENS CIR $319,900 3 2 1617 DETACHD
4730 FIRWOOD RD $350,000 4 2 2124 DETACHD
1505 IVY CT $350,000 4 2.1 2656 DETACHD
17859 HILLSIDE WAY $417,000 5 3 3926 DETACHD
2215 FERNWOOD CIR $429,500 4 3 2640 DETACHD
8 BERNINI CT $449,000 3 2 1465 DETACHD
4860 CENTERWOOD ST $479,000 5 2.1 2533 DETACHD
143 KINGSGATE RD $499,000 3 2 2618 DETACHD
1501 KOAWOOD DR $499,000 4 3 2993 DETACHD
2766 GREENTREE RD $499,500 5 2 3000 DETACHD
5554 ROYAL OAKS DR $535,000 3 2 1861 DETACHD
2744 TOLKIEN LN $649,900 4 3 3888 DETACHD
2481 MARYLSHIRE LN $700,000 5 3.1 4154 DETACHD
3211 WESTVIEW CT $722,500 4 3.1 3325 DETACHD
144 LEONARD ST $749,900 4 3.1 3552 DETACHD
17660 STAFFORD RD $795,000 4 3 3318 DETACHD
1944 PALISADES TERRACE DR $839,000 4 2.1 4256 DETACHD
18108 PILKINGTON RD $895,000 3 3.1 4105 DETACHD
18002 Kelok RD $899,000 4 3 3513 DETACHD
17641 CARDINAL DR $915,000 4 3 2461 DETACHD
752 8TH ST $1,090,000 4 3.1 4550 DETACHD
752 E AVE $1,098,950 3 3 2818 DETACHD
16777 PHANTOM BLUFF CT $1,400,000 4 2.2 5045 DETACHD
425 G AVE $1,400,000 4 2.2 3890 DETACHD
2926 LAKEVIEW BLVD $2,595,000 4 4.1 4902 DETACHD
616 CABANA LN $2,795,000 4 4 3800 DETACHD

PENDING SALES (July 15-21, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #30 $64,900 1 1 666 CONDO 168
4654 LOWER DR #A2 $95,000 2 1.1 1206 CONDO 563
47 EAGLE CREST DR #60 $139,900 3 2 1026 CONDO 61
5966 WASHINGTON CT $229,000 3 1.1 1445 DETACHD 5
1223 HEMLOCK ST $285,000 2 1 748 DETACHD 2
1280 OAK TER $299,900 3 2 1990 DETACHD 3
29 MORNINGVIEW CIR $440,000 3 2.1 2280 DETACHD 3
16907 CHERRY CREST DR $499,000 4 3.1 3480 DETACHD 24
13710 KNAUS RD $499,900 3 2.1 2021 DETACHD 3
16966 SUMMER PL $515,000 4 2.1 3065 DETACHD 30
785 9TH ST $549,000 3 2.1 2477 DETACHD 51
45 AQUINAS ST $554,000 3 2.1 2981 DETACHD 32
5482 BAY CREEK DR $564,900 4 2.1 2554 DETACHD 5
524 WEIDMAN CT $629,000 4 2.1 3450 DETACHD 249
4860 HASTINGS DR $645,000 4 2.1 2942 DETACHD 21
5676 SUNCREEK DR $799,900 4 3.1 3312 DETACHD 102
18383 OLD RIVER DR $850,000 4 4.1 4548 DETACHD 105

SOLD (July 15-21, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4619 LAKEVIEW BLVD #D3 $79,000 $61,000 1 1 753 CONDO 418
208 RIDGEWAY RD $135,500 $129,000 1 1 778 CONDO 48
6053 FERNBROOK ST $317,900 $280,000 3 1 912 DETACHD 18
17808 CARDINAL PL $339,000 $345,000 3 2 1815 DETACHD 1
6338 WASHINGTON CT $349,900 $361,000 3 1.1 1558 DETACHD 2
14446 Holly springs RD $379,000 $385,000 3 2.1 1699 DETACHD 67
3554 TEMPEST DR $399,000 $399,000 3 2.1 2279 DETACHD 57
2510 PARK RD $395,000 $412,000 3 2.1 1960 DETACHD 29
1467 GREENTREE CIR $420,000 $412,500 3 2 1896 DETACHD 57
1270 HIDE A WAY CT $418,000 $421,000 3 2.1 1907 DETACHD 1
8 HOTSPUR ST $469,000 $424,250 3 2.1 1954 DETACHD 56
16976 CHERRY CREST DR $510,000 $490,000 4 2.1 2655 DETACHD 18
4663 BLACK FOREST CT $525,000 $499,000 4 2.1 2168 DETACHD 20
4078 MELISSA DR $535,000 $530,000 4 2.1 2691 DETACHD 3
2011 RIDGEWOOD LN $549,000 $544,282 5 3.1 3012 DETACHD 23
425 G AVE $550,000 $550,000 LOT DETACHD 0
13576 PETERS RD $715,000 $550,000 4 3.1 3284 DETACHD 183
12994 SIERRA VISTA DR $564,500 $558,000 4 3.1 3824 DETACHD 430
20 CELLINI CT $594,000 $610,000 4 3 2876 DETACHD 4
12442 SW 22ND AVE $773,750 $765,000 4 3.1 3834 DETACHD 3
2060 Indian Trail $850,000 $820,000 3 2.1 2377 DETACHD
3155 UPPER DR $845,000 $845,000 4 3 2950 DETACHD 0
2965 TOLKIEN LN $949,800 $915,000 4 2.1 4337 DETACHD 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

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:

June numbers were very good, as we’d expect given the trends lately. That said, the trend upward in all numbers cooled just a bit.  Most believe this was due to some fluctuation in mortgage rates in June that had some people re-figuring their numbers.  I’ve also seen quite a few people trying to grab houses before they go to someone else, and then changing their mind about that particular home.  Bottom line, the market is hot, AND, think before you offer. Make sure you Love it : )

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

  • At 2,511, Closed Sales were a 6.4% decrease from May, and a 11.9% increase over June of 2012.
  • There were 3,751 New Listings in June. This was a drop of 2.1% from May, and an increase of 16.9% over June of 2012.
  • The Average Sale Price in May was $313,900, down $3,000. from $316,600 in May 2013.  …Average Sale Price in June 2012 was $284,100.
  • Pending Sales (accepted offers) also decreased a bit from May 2013, from 2978  to 2804  in June.

For our Property Blotter readers, the combined area of Lake Oswego and West Linn reported a mixed bag of up in some categories and slightly down in others:

    • 517 Active Listings
    • 238 New Listings
    • 152Pending Sales
    • 174 Closed Sales
    • An average Sale Price of $447,800.
    • Average Time on the Market: 74Days