Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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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

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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

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Market Activity Sept 30-Oct 6, 2013

Last week was extremely balanced with near equal numbers in all categories: 15 new listings, 15 pending sales, and 19 closed sales.

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

NEW SALES (Sept 30-Oct 6, 2013):

Address Type Price BR Bths SF
4000 Carman Dr #79 Condo $135,000 2 2 993
4 Touchstone #62 Condo $159,500 3 2.5 1351
5054 Foothills Dr C Condo $239,000 3 2 1252
19113 Terry Ave Detached $359,900 4 2 1454
924 Laurel St Detached $360,000 3 2 1965
5456 Willow Ct Attached $469,000 3 2.5 2423
17125 Fernwood Dr Detached $478,000 3 3 2688
4545 Dogwood Dr Detached $499,500 3 2 2483
6122 Carman Dr Detached $525,000 4 2 1508
3435 Lake Grove Ave Detached $619,900 4 3 2618
18994 Bryant Rd Detached $699,000 4 2.5 3146
13520 Knaus Rd Detached $699,000 4 3 2641
13900 Goodall Rd Detached $1,299,000 5 3.5 4282
13050 Knaus Rd Detached $1,395,000 4 3.5 4821
16743 Graef Circle Detached $1,495,000 4 2.5 3772

PENDING SALES (Sept 30-Oct 6, 2013)

Address Type Price BR Baths SF DOM
284 Cervantes Circle Condo $100,000 2 2 1052 238
70 Galen St Condo $105,000 2 1 923 231
5225 Jean Rd #401 Condo $129,900 2 2 1080 153
220 Cervantes #c Condo $185,000 2 2 1378 12
6 Oriole Ln Condo $265,000 3 2.5 1539 6
765 Maple Ln Detached $335,000 3 2 1998 68
4361 Albert Circle Detached $429,900 3 2.5 2472 19
1 Hidalgo St Detached $448,500 3 2.5 2489 97
2727 Glen Haven Rd Detached $449,900 3 2 2518 3
13008 Rodgers Rd Detached $479,000 4 2.5 2448 116
14058 Chatham Ct Detached $519,900 3 2.5 2235 4
13250 Sandalwood Ct Detached $539,000 3 2.25 2842 1154
622 Carrera Ln Detached $899,000 4 4.5 5446 84
15411 Village Dr Detached $899,900 4 3.5 3809 7
686 8th St Detached $995,000 4 3 3200 40

SOLD (Sept 30-Oct 6, 2013)

Address Type List Price Closed Price Sq Ft CDOM
668 McVey Ave #15 Condo $117,000 $116,000 636 1
3864 Botticelli St Condo $174,950 $172,000 1132 4
5051 Foothills Dr E Condo $189,900 $190,000 991 6
16616 Lake Forest Blvd Detached $229,000 $209,000 1,056 2
668 McVey Ave Condo $210,000 $210,000 852 1
18420 Don Lee Way Detached $255,000 $243,000 924 68
200 Burnham Rd #209 Condo $295,000 $280,000 1305 28
1274 Hallinan Circle Detached $339,900 $339,900 1337 1
668 McVey Ave #32 Condo $379,000 $360,000 992 24
4286 Orchard Way Detached $478,500 $443,500 1998 73
429 10th St Detached $495,000 $448,786 2280 25
33 Spinosa Detached $459,000 $450,000 2215 60
303 Lake Bay Ct Detached $485,000 $457,400 1560 95
2234 Fernwood Circle Detached $499,900 $460,000 3000 175
32 Westridge Dr Detached $579,900 $499,900 3653 158
5501 Rachel Ln Detached $749,888 $640,000 3509 304
17900 Greenbluff Dr Detached $850,000 $725,000 4210 211
817 Hoodview Ln Detached $769,000 $735,000 3446 30
14635 Uplands Dr Detached $819,000 $799,000 3941 56

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

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Market Activity ~ Sept 23-29, 2013

Wow!  We have been having some crazy Fall weather!  Thunderstorms, downpours, and then sun returning later this week.

Even with all that, last week shows steady activity, albeit slowing a little as we’d expect. RMLS shows 14 New properties entering the market, 11 moving to Pending status, and 15 that “Closed”/Sold.

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

NEW SALES (Sept 23-29, 2013):

Address List Price # Beds # Baths Total SF Prop Type
14 CRESTFIELD CT $75,000 1 1 550 CONDO
4000 Carman #88 $117,000 2 2 836 CONDO
174 OSWEGO SMT #174 $199,000 2 2 1506 CONDO
6 ORIOLE LN $265,000 3 2.1 1539 DETACHD
1261 BOCA RATAN DR $270,000 3 2 1611 ATTACHD
1287 ROCKINGHORSE LN $479,000 3 2 1686 DETACHD
14010 MAJESTIC CT $499,500 3 2 2913 DETACHD
5353 FIRWOOD RD $579,500 3 2 2292 DETACHD
5831 SUNCREEK DR $659,900 4 2.1 2865 DETACHD
6457 MCDUFF CT $725,000 4 3.1 3120 DETACHD
15411 VILLAGE DR $899,900 4 3.1 3809 DETACHD
583 2ND ST $1,250,000 2 2.1 2304 CONDO
800 TERRACE DR $1,349,900 5 4.1 5166 DETACHD
13571 GOODALL RD $1,849,000 4 4.1 5725 DETACHD

PENDING SALES (Sept 23-29, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13 CRESTFIELD CT $69,900 1 0.1 550 CONDO 323
86 KINGSGATE RD #27 $107,500 2 2 938 CONDO 6
5998 SHAKESPEARE ST $229,000 3 1 1227 DETACHD 5
4 WHEATHERSTONE $326,900 3 2.1 1692 CONDO 29
5103 MADRONA ST $349,900 2 2 1329 DETACHD 29
4711 REMBRANDT LN $399,900 3 2.1 2050 DETACHD 8
895 YORK RD $450,000 3 2 1924 DETACHD 39
4979 BILFORD LN $467,590 3 2.1 2200 DETACHD 7
4848 HASTINGS DR $535,000 3 2.1 2174 DETACHD 1
246 GREENWOOD RD $549,900 3 3 1899 DETACHD 73
17600 UPPER CHERRY LN $998,000 4 3.1 3900 DETACHD 171

SOLD (Sept 23-29, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
57 GALEN ST $69,900 $75,000 1 1 689 CONDO 59
37 CRESTFIELD CT $99,000 $95,000 2 1 923 CONDO 172
18011 TUALATA AVE $200,000 $205,000 3 2 1050 DETACHD 9
6263 WASHINGTON CT $305,000 $285,500 4 3 2826 DETACHD 19
14854 TWIN FIR RD $310,000 $305,000 3 2 1287 DETACHD 52
600 TIPPECANOE CT $359,000 $349,000 3 2 1812 DETACHD 51
13395 VERMEER DR $439,000 $400,000 3 2.1 2461 DETACHD 75
19424 OLSON AVE $525,000 $520,000 4 2.1 2777 DETACHD 5
13432 ROGERS RD $675,000 $660,000 3 2.1 3454 DETACHD 28
5623 GRAND OAKS DR $699,000 $675,000 4 2.1 3323 DETACHD 15
17160 Kelok RD $699,000 $675,000 4 4 4650 DETACHD 10
2833 RIVENDELL RD $718,000 $698,000 4 2.1 2932 DETACHD 72
5405 CHILDS RD $1,095,000 $910,000 4 3.1 4402 DETACHD 298
17912 KELOK RD $919,000 $926,872 5 3 3007 DETACHD 0
12210 ORCHARD HILL RD $1,495,000 $1,300,000 4 3.2 4640 DETACHD 67

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:

August activity was slightly down from July, but still very much improved from August of 2012.

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

  • At 2,623, August Closed Sales were a 5.2% down from July’s 2,766, and/but represent the best the best August for Closed Salws since 2009!
  • There were 3,423 New Listings in August. This was a decrease of 11.7% from July, and an increase of 10.5% over August of 2012.
  • The Average Sale Price in August was $321,900, down from $326,500 in July 2013.
  • Pending Sales (accepted offers) dropped slightly from July 2013’s total of 2,738  to 2,614 in August.

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

    • 568 Active Listings
    • 206 New Listings
    • 130Pending Sales
    • 125 Closed Sales
    • An average Sale Price of $548,600.
    • Average Time on the Market: 75Days