Market Activity March 18-24, 2013

It was a busy week in real estate in Lake Oswego last week. We had 9 new listings, 27 pending sales, and 14 closed sales. The buyers are out there!

Here are further details regarding last week’s Market Activity:

NEW SALES (Mar 18-24, 2013):

Address Type Price BR Bths SF
4 Touchstone Condo $115,000 2 2 984
5213 Rosewood St Detached $389,900 3 2.5 1934
580 2nd St Condo $397,500 2 1.5+.5 1464
15495 Tanager Dr Detached $410,000 4 2.5 2255
16168 Lake Forest Blvd Detached $449,900 4 3 2276
17125 Warren Ct Detached $489,900 4 2.5 2705
557 2nd St #205 Condo $680,000 2 2.5 1833
3480 Upper Dr Detached $749,000 3 2.5 2571
4190 Chad Dr Detached $749,500 4 3.5 3756
14393 Amberwood Circle Detached $820,000 5 3.5 3692

PENDING SALES (Mar 18-24, 2013)

Address Type Price BR Baths SF DOM
4620 Lower Dr Condo $75,000 2 1.5 1160 107
208 Ridgeway Rd Condo $135,500 1 1 778 13
12632 Boones Ferry Rd Detached $204,000 2 2 1652 13
5020 Lakeview Blvd Detached $239,900 3 2 1192 1
16232 Bonaire Ave Detached $279,900 4 2.5 1792 17
4610 Lamont Way Detached $330,000 3 2 1750 10
18959 Kristi Way Detached $350,000 3 2 1778 33
2550 Greentree Rd Detached $359,900 4 3 2852 160
2593 Greentree Rd Detached $359,900 4 3 2215 7
1621 Larch St Detached $375,000 3 2.5 3040 138
1288 Rockinghorse Ln Detached $382,500 3 2 1742 111
4471 Chapman Way Detached $395,000 3 3 1989 1
4917 Mulholland Dr Attached $420,000 2 2.5 2403 58
2010 Greentree Rd Detached $420,000 4 2.5 2330 4
5099 Galen St Detached $429,500 4 2.5 2246 3
14520 Rainbow Dr Detached $429,900 4 2 2405 5
14336 Camden Ln Detached $432,500 4 2.5 2398 2
323 3rd St Attached $469,900 3 3.5 1959 205
686 Sunnyhill Dr Detached $499,900 4 2.5 2392 64
5450 Bay Creek Dr Detached $525,000 4 2.5 2386 5
940 Upper Devon Ln Detached $549,900 4 3 4464 295
2491 Overlook Dr Detached $579,990 4 3 3250 173
13282 Boones Ferry Rd Detached $585,000 4 2.5 3267 262
5554 Luce Ln Detached $589,900 5 3 3234 27
4036 Melissa Dr Detached $592,000 4 3.5 3118 17
17937 Kelok Rd Detached $675,000 5 2 2466 21
2960 Wembley Park Rd Detached $695,000 4 2.5 2000 252

SOLD (Mar 18-24, 2013)

Address Type List Price Closed Price Sq Ft CDOM
26 Crestfield Ct Condo $84,900 $89,100 989 11
44 Eagle Crest Dr #18 Condo $128,000 $128,000 1085 43
222 Cervantes D Condo $182,963 $181,000 1464 13
1028 Spruce St Detached $215,000 $230,100 1,140 42
466 5th St #14 Condo $299,900 $269,000 1092 175
1041 Hemlock St Detached $319,000 $293,000 2623 170
1449 Greentree Circle Detached $345,000 $295,000 1696 139
762 Maple St Detached $479,000 $449,000 2417 28
17802 Treetop Ln Detached $595,000 $514,000 3655 370
2770 Wembley Park Rd Detached $615,000 $588,000 3375 122
5028 Woodcrest Ln Lt14 Detached $608,000 $608,000 3063 218
17980 Meadowlark Ln Detached $645,000 $630,000 3252 1
15150 Glen Eagles Ct Detached $799,000 $759,900 2839 22
18785 Westview Dr Detached $1,795,000 $1,400,000 5508 274

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~March 11-17, 2013

It’s almost spring, and last week we saw 20 New properties entering the market, 24 go to Pending status, and 13 Selling in Lake Oswego.

Here are further details regarding last week’s Market Activity:

NEW SALES (Mar 11-17, 2013):

Address List Price # Beds # Baths Total SF Prop Type
41 OSWEGO SMT $95,000 1 1 764 CONDO
3433 MCNARY PKWY #106 $124,900 2 2 1008 CONDO
45 EAGLE CREST DR #305 $132,500 2 1.1 1056 CONDO
4 TOUCHSTONE #152 $140,000 3 2.1 1351 CONDO
12868 BOONES FERRY RD $229,000 2 2.1 1136 ATTACHD
92 WHEATHERSTONE $250,000 3 3.1 2436 CONDO
14550 DORIS AVE $349,900 3 1.1 1474 DETACHD
2593 GREENTREE RD $359,900 4 3 2215 DETACHD
14520 RAINBOW DR $429,900 4 2 2405 DETACHD
24 BECKET ST $475,000 3 2.1 2527 DETACHD
4572 UPPER DR $492,488 2 2 1454 DETACHD
4007 BASS LN $517,900 4 3 2701 DETACHD
5450 BAY CREEK DR $525,000 4 2.1 2386 DETACHD
868 7TH ST $729,000 4 3 2690 DETACHD
1979 COUNTRY CLUB RD $750,000 5 5.1 4115 DETACHD
420 RIDGEWAY RD $975,000 2 2 2190 DETACHD
12700 FIELDING RD $1,175,000 3 3 3025 DETACHD
17618 CRESTLINE DR $1,450,000 4 3.2 4663 DETACHD
1745 SOUTHSHORE BLVD $1,898,000 4 4.1 5545 DETACHD
3730 MARQUIS CT $2,395,000 4 5.1 6039 DETACHD

PENDING SALES (Mar 11-17, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4620 LOWER DR $75,000 2 1.1 1160 CONDO 96
47 EAGLE CREST DR #13 $89,950 2 1 932 CONDO 5
284 CERVANTES CIR $104,500 2 2 1052 CONDO 33
750 1ST ST #D-24 $175,000 2 2 1350 CONDO 275
21 GREENRIDGE CT $260,000 3 1.1 1815 CONDO 141
67 N CONDOLEA TER $300,000 3 3 2373 CONDO 35
10 SUMMIT RIDGE CT $325,000 2 2.1 1642 ATTACHD 3
2542 ORCHARD HILL LN $339,500 3 2 1710 DETACHD 4
14414 ORCHARD SPRINGS RD $369,900 4 2.5 1890 DETACHD 5
979 DEVON LN $385,000 3 3.1 2162 DETACHD 243
29 PARTRIDGE LN $405,000 3 2.1 3109 DETACHD 228
4502 AUBURN LN $439,900 3 3.1 2732 ATTACHD 15
2227 HILLSIDE DR $495,000 4 3 3003 DETACHD 5
3763 TEMPEST DR $497,500 5 2.1 2805 DETACHD 39
16621 GRAEF CIR $499,500 3 1.1 2170 DETACHD 21
2830 PARK RD $524,900 3 3.1 3115 DETACHD 7
16792 QUAIL CT $548,950 3 2.1 3050 DETACHD 163
19226 MEGAN PL $549,500 3 2.1 3392 DETACHD 264
318 NORTHSHORE RD $575,000 3 2.1 2735 DETACHD 1
2088 LILLI LN $675,000 5 4 4101 DETACHD 16
1465 MORNING SKY CT $815,000 5 3.1 4678 DETACHD 160
17775 KELOK RD $868,950 4 2.1 2882 DETACHD 219
752 LAKE SHORE RD $1,379,000 3 3.1 3389 DETACHD 11
13068 KNAUS RD $1,450,000 5 5.3 6512 DETACHD 267

SOLD (Mar 11-17, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
92 CERVANTES CIR #11-E $110,000 $99,250 2 1.1 912 CONDO 182
3787 LANEWOOD ST $249,000 $239,000 3 2 1300 DETACHD 275
16989 TUALATIN ST $319,900 $245,000 3 2.1 1491 DETACHD 610
15275 BOONES WAY $252,000 $252,000 2 2 1320 ATTACHD 3
6426 Frost ST $354,900 $331,499 4 3 2276 DETACHD 136
5675 CHILDS RD $369,900 $354,900 2 2.1 1644 DETACHD 99
17147 Warren CT $449,900 $450,000 4 2.1 2522 DETACHD 3
1021 YATES ST $500,000 $497,500 3 2.1 1985 DETACHD 12
837 C AVE $569,000 $530,000 3 2 2109 DETACHD 7
15655 FIELDSTONE DR $589,500 $584,500 4 2.1 2750 DETACHD 339
12424 ORCHARD HILL RD $625,000 $589,950 3 3 2889 DETACHD 167
5088 WOODCREST LN $629,900 $595,000 4 2.1 3056 DETACHD 199
5303 AMBERWOOD CT $810,000 $740,000 3 2.1 3274 DETACHD 4

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

News & Notes

Here is some recent data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

According to the RMLS Market Action Report for the Portland Metro Area  February, 2013.

  • At 1,376, Closed Sales were the best since 2008!
  • There were 2,453 New Listings (virtually the same as January 2013, and an 1.6% decrease from Feb. 2012).
  • The Average Sale Price in February was $282,000. Comparing the average price of $278,600 during the last 12 months ending on Feb 28th 2013, with the same 12 month period ending Feb., 2012 of $263,300, there has been an increase of 5.8%
  • Pending Sales increased from January 2013 by 11.8% to 2,130.

For our Property Blotter readers, the combined area of Lake Oswego and West Linn reported:

    • 432 Active Listings
    • 140 New Listings
    • 112 Pending Sales
    • 74 Closed Sales
    • An average Sale Price of $451,900.
    • Average Time on the Market: 157 Days

Market Activity ~ Feb 25-Mar 3, 2013

Looking good with 16 New properties entering the market, 32 going to Pending status (!!!) and 19 Selling during the last 7-day period in Lake Oswego.

Here are further details regarding last week’s Market Activity:

NEW SALES (Feb 25-Mar 3, 2013):

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #26 $69,900 1 1 617 CONDO
87 OSWEGO SMT $89,900 2 1.1 1116 CONDO
235 CERVANTES $119,900 2 2 1100 CONDO
45 EAGLE CREST DR #213 $139,900 2 1.1 1056 CONDO
4417 THUNDER VISTA LN $192,600 2 2.1 1455 CONDO
5056 FOOTHILLS DR #D $259,000 2 2 1252 CONDO
6243 DAWN AVE $299,900 4 1.1 1254 DETACHD
4502 AUBURN LN $439,900 3 3.1 2732 ATTACHD
13437 PROVINCIAL HILL WAY $579,900 4 2.1 2833 DETACHD
32 HILLSHIRE DR $619,900 4 2.1 3605 DETACHD
17937 Kelok RD $675,000 5 2 2466 DETACHD
2088 LILLI LN $675,000 5 4 4101 DETACHD
1222 GLENMORRIE DR $699,999 4 3 2875 DETACHD
5 DOVER WAY $995,000 4 4.1 5257 DETACHD
615 4TH ST $995,000 4 3 3691 DETACHD
1947 SUMMIT DR $1,385,000 5 5.1 5000 DETACHD

PENDING SALES (Feb 25-Mar 3, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4620 LOWER DR $75,000 2 1.1 1160 CONDO 86
885 MCVEY AVE $209,000 3 1 1292 DETACHD 45
1674 FIRCREST DR $339,900 4 2 1998 DETACHD 54
3269 PHYLLIS CT $339,900 3 1.2 1711 DETACHD 4
332 4th ST $399,900 2 2.1 1731 ATTACHD 16
17618 BLUE HERON RD $399,900 4 2 2250 DETACHD 7
2 MOZARTEUM CT $417,000 3 2.1 2254 DETACHD 4
4909 MULHOLLAND DR $428,000 2 2.1 2403 ATTACHD 5
13906 MAJESTIC CT $469,000 4 3.1 2827 DETACHD 28
2491 OVERLOOK DR $579,990 4 3 3250 DETACHD 152
2415 PARK RD $584,500 4 2.2 2581 DETACHD 285
13060 KNAUS RD $1,299,000 4 3.1 4353 DETACHD 264

SOLD (Feb 25-Mar 3, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #67 $80,000 $78,000 1 1 841 CONDO 227
4000 CARMAN DR #21 $105,000 $95,000 2 2 885 CONDO 72
4 TOUCHSTONE #148 $120,000 $120,000 3 2.1 1351 CONDO 95
6462 Frost ST $344,900 $309,900 3 2.1 2205 DETACHD 117
6438 FROST ST $319,900 $325,000 3 2.1 2205 DETACHD 26
17721 OVERLOOK CIR $449,900 $410,000 4 2.1 3172 DETACHD 156
13340 Auburn CT $432,900 $440,000 3 2.1 2492 ATTACHD 601
2011 RIDGEWOOD LN $500,000 $480,000 5 3.1 3012 DETACHD 716
5124 ROSEWOOD ST $519,900 $490,000 5 3.1 3510 DETACHD 189
3197 ALBER SPRING CT $649,900 $620,000 4 2.1 3664 DETACHD 135
1864 CAMPUS WAY $668,999 $653,000 5 4 4142 DETACHD 2
17301 CANAL CIR $825,000 $749,000 3 2.1 1812 DETACHD 342
15825 OSWEGO SHORE CT $1,985,850 $1,875,000 3 3.1 4317 DETACHD 626

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 some recent data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

According to the RMLS Market Action Report for the Portland Metro Area  January, 2013. At 1,344, Closed Sales were less than December’s 1,760, BUT, amount to the most Closed Sales in any January since 2007!

  • There were 2,438 New Listings (an 89.6% increase over Dec. 2012).
  • The Average Sale Price in January was $287,700. Comparing the average price of $277,000 during the last 12 months ending on Jan. 31st 2013, with the same 12 month period ending Jan. 31, 2012 of $262,900, there has been an increase of 5.4%
  • December 2012 logged 1,384 Pending Sales, while January 2013 ratcheted that up to 1906!                                                                                                                                                           For our Property Blotter readers, the combined area of Lake Oswego and West Linn reported:
    • 450 Active Listings
    • 187 New Listings
    • 130 Pending Sales
    • 79 Closed Sales
    • An average Sale Price of $480,600.
    • Average Time on the Market: 138 Days

Market Activity Feb 18-24, 2013

Lake Oswego had 18 new listings enter the market last week, along with 18 homes that received accepted offers and 9 closed sales. What stood out for me, as I looked through the closed sales, is that 3 of the nine sold over the list price, including the house on Middlecrest that sold $51,000 over the list price. Sounds like aggressive multiple offers likely happened on that property.

Here are further details regarding last week’s Market Activity:

NEWLY LISTED (Feb 18-24, 2013)

Address Type Price BR Bths SF
174 Oswego Summit Condo $189,900 2 2 1506
10 Oriole Ln Detached $234,900 2 2 1654
3269 Phyllis Ct Detached $339,900 3 1.5+.5 1711
6024 Fernbrook Circle Detached $349,900 3 2 1470
17618 Blue Heron Rd Detached $399,900 4 2 2250
4909 Mulholland Dr Attached $428,000 2 2.5 2403
3110 Royce Way Detached $460,000 4 2.5 2732
16621 Graef Circle Detached $499,500 3 1.5 2170
5554 Luce Ln Detached $589,900 5 3 3234
5711 Victoria Ct Detached $610,000 4 2.5 2768
1873 Oak St Detached $635,000 3 2.5 3576
12635 Adrian Ct Detached $649,000 4 2.5 2501
3826 Upper Dr Detached $679,000 3 3 3226
435 8th St Detached $699,900 3 3.5 2394
3315 Cedar Ct Detached $744,000 4 3.5 3712
940 Cumberland Rd Detached $799,000 4 3 3062
Ash St Detached $1,200,000 4 3.5 3600
1475 Chandler Rd Detached $1,595,000 5 4.5 4561

PENDING SALES (Feb 18-24, 2013)

Address Type Price BR Baths SF DOM
92 Cervantes Cir 11-E Condo $104,900 2 1.5 912 182
15275 Boones Way Attached $252,000 2 2 1320 3
466 5th St #14 Condo $269,731 2 1.5 1092 175
2367 Glenmorrie Dr Detached $275,000 2 2 2132 273
2550 Greentree Rd Detached $359,900 4 3 2852 135
1659 Oak St Detached $364,900 3 2.5 1885 62
5499 Royal Oaks Dr Detached $384,900 3 2 1780 179
4857 Sage Hen Way Detached $429,000 4 3 2048 4
762 Maple St Detached $479,000 3 2.5 2417 28
18343 Deerbrush Ave Detached $489,000 4 2.5 2611 3
12926 Rogers Rd Detached $565,000 4 3 2276 13
3000 Brookside Rd Detached $598,000 3 2.5 1600 252
5088 Woodcrest Ln Detached $599,900 4 2.5 3056 199
5028 Woodcrest Ln lot 14 Detached $618,888 4 2.5 3063 218
6135 McEwan Rd Detached $649,900 2 1 1104 636
5064 Woodcrest Ln lot 11 Detached $649,900 4 2.5 3215 209
2065 Lilli Ln Detached $695,000 5 3.5+.5 4112 116
3174 Douglas Circle Detached $999,000 5 4.5 4600 23

SOLD (Feb 18-24 2013)

<

Address Type List Price Closed Price Sq Ft CDOM
5060 Foothills Rd D Condo $239,000 $230,000 1252 7
232 Greenridge Dr Attached $285,000 $250,000 1492 125
620 Middlecrest Rd Detached $219,000 $270,000 884 20
19176 Benfield Ave Detached $299,000 $300,000 1538 15
18275 Pilkington Rd Detached $329,000 $345,000 2088 9
14598 Wilmot Way Detached $369,000 $365,000 1960 10
136 D Ave Attached $459,000 $405,000 1754 139
13364 Atwater Ln Detached $1,479,000 $1,250,000 5776 187
3917 Southshore Blvd Detached $2,150,000 $1,750,000 4657 214

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 ~ Feb 11-17, 2013

We saw 8 New properties enter the market, 19 go to Pending status and 10 Sell during the last 7-day period in Lake Oswego.

Here are further details regarding last week’s Market Activity:

NEWLY LISTED (Feb 11-13, 2013)

Address List Price # Beds # Baths Total SF Prop Type
70 GALEN ST $135,000 2 1 923 CONDO
56 SW GREENRIDGE CT $259,000 3 2.1 1996 CONDO
4700 LOWER DR $339,000 3 2.1 1747 DETACHD
332 4th ST $399,900 2 2.1 1731 ATTACHD
18221 BICKEL CT $599,000 3 2.1 3864 DETACHD
14120 REDWOOD CT $619,000 4 2.1 2755 DETACHD
980 B AVE $714,900 3 2.1 2999 DETACHD
4912 FIRWOOD RD $999,888 4 4 5640 DETACHD

PENDING SALES (Feb 11-17, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1547 BOCA RATAN DR $175,900 2 1.1 1008 ATTACHD 28
222 CERVANTES D $182,963 3 1 1464 CONDO 13
16989 TUALATIN ST $247,000 3 2.1 1491 DETACHD 610
6426 Frost ST $329,900 4 3 2276 DETACHD 136
5324 LOWER DR $345,000 3 2.1 2034 DETACHD 84
18959 KRISTI WAY $350,000 3 2 1778 DETACHD 0
517 LAUREL ST $359,900 4 3 2834 DETACHD 10
15495 TANAGER DR $399,900 4 2.1 2255 DETACHD 106
57 TOUCHSTONE $420,000 4 3 2465 DETACHD 57
15585 PARTRIDGE DR $444,995 4 2.1 2604 DETACHD 274
17147 Warren CT $449,900 4 2.1 2522 DETACHD 3
15655 FIELDSTONE DR $589,500 4 2.1 2750 DETACHD 339
12424 ORCHARD HILL RD $589,950 3 3 2889 DETACHD 167
17980 MEADOWLARK LN $645,000 3 2.1 3252 DETACHD 1
13536 STREAMSIDE DR $649,000 4 3.1 2857 DETACHD 22
2618 PALISADES CREST DR $749,900 5 3.2 5169 DETACHD 220
1255 ANDREWS RD $785,000 6 4 4408 DETACHD 162
15150 Glen Eagles CT $799,900 3 2.2 2839 DETACHD 22
5303 AMBERWOOD CT $810,000 3 2.1 3274 DETACHD 4

SOLD (Feb 11-17 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #26 $74,900 $65,000 2 1 932 CONDO 521
3958 CARMAN DR $134,900 $134,900 2 2.1 1133 CONDO 260
4 TOUCHSTONE #116 $150,000 $150,000 3 2.1 1351 CONDO 67
3433 MCNARY PKWY #805 $163,500 $150,500 2 2.1 1136 CONDO 68
4071 JEFFERSON PKWY #102 $169,900 $165,000 3 2.1 1228 CONDO 3
3545 UPPER DR $344,500 $325,000 3 2 1350 DETACHD 101
4231 SUNSET DR $437,500 $354,000 3 2 2229 DETACHD 122
17002 CRESTVIEW DR $395,000 $390,000 3 2.1 2163 DETACHD 34
2390 GREENTREE RD $429,000 $405,000 3 2.1 2380 DETACHD 6
3423 LAKE GROVE AVE $849,000 $630,000 4 3.1 4324 DETACHD 420

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 Feb 4-10, 2013

Last week in Lake Oswego there were 10 new listings, 12 houses that went into pending status, and 3 closed sales. I think the short list of closed sales reflects that 45 days ago we were in the midst of the holidays. And with just 10 new listings and 12 pending sales, inventory remains tight.

Here are further details regarding last week’s Market Activity:

NEWLY LISTED (Feb 4-10, 2013)

Address Type Price BR Bths SF
284 Cervantes Circle Condo $104,500 2 2 1052
205 Cervantes #205 Condo $130,000 2 1.5 1216
206 Oswego Summit Condo $200,000 2 2 1506
67 Condolea Terrace Condo $300,000 3 3 2373
18903 Terry Ave Detached $379,000 3 2 1458
12926 Rogers Rd Detached $565,000 4 3 2776
17980 Meadowlark Ln Detached $645,000 3 2.5 3252
17363 Grandview Ct Detached $695,000 4 3.5+.5 4218
5303 Amberwood Ct Detached $810,000 3 2.5 3274
18218 Meadowlark Ln Detached $1,695,000 5 6.5 8320

PENDING SALES (Feb 4-10, 2013)

Address Type Price BR Baths SF DOM
47 Eagle Crest Dr #26 Condo $74,900 2 1 932 521
21 Greemrodge Ct Condo $260,000 3 1.5+.5 1815 106
18816 Longfellow Ave Detached $287,500 3 1 1033 15
1449 Greentree Ave Detached $299,900 4 3 1696 139
959 Lee St Detached $329,000 3 2 2340 28
15721 Boones Way Detached $329,000 3 2 1920 0
12 Abelard St Detached $339,000 4 2.5 2344 6
17802 Treetop Ln Detached $529,000 4 3.5 3655 370
19592 Perch St Detached $529,950 4 2.5 2800 6
17065 Tualatin St Detached $578,950 3 2.5 2733 17
4767 Dogwood Dr Detached $699,999 4 2.5 3964 495
4033 Westbay Rd Detached $1,195,000 4 3.5 3691 30

SOLD (Feb 4-10 2013)

Address Type List Price Closed Price Sq Ft CDOM
17 Condolea Dr Condo $350,000 $338,000 2198 197
1172 Troon Rd Detached $599,000 $539,000 2504 220
1572 Highland Detached $334,500 $334,500 1950 6

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 ~ Jan 28-Feb 3, 2013

Activity is steady with 16 New on the market, a whopping 32 Pending and 19 Sold during the last 7-day period in Lake Oswego. It was apparently “Condo Week” for accepted offers, as nearly 1/3 of those were indeed for Condos.

Here are further details regarding last week’s Market Activity:

NEWLY LISTED (Jan 28-Feb 3, 2013)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR #30 $65,500 1 1 666 CONDO
222 CERVANTES #D $182,963 3 1 1464 CONDO
517 LAUREL ST $359,900 4 3 2834 DETACHD
19592 PERCH CT $529,950 4 2.1 2800 DETACHD
19226 MEGAN PL $549,500 3 2.1 3392 DETACHD
15950 PARKER RD $562,500 4 2.1 2611 DETACHD
524 WEIDMAN CT $649,000 4 2.1 3450 DETACHD
1670 VILLAGE PARK LN $749,500 4 2.1 3466 DETACHD
280 E AVE $799,000 4 2.1 2500 DETACHD
17775 KELOK RD $868,950 4 2.1 2882 DETACHD
17787 CARDINAL DR $899,950 4 3 3002 DETACHD
14106 Goodall RD $939,500 4 3.1 3597 DETACHD
13600 Goodall RD Lot2 $1,349,000 4 4.1 4363 DETACHD
13600 Goodall RD Lot1 $1,499,000 4 4.1 5699 DETACHD
333 NORTHSHORE RD $2,995,000 4 4.1 5150 DETACHD

PENDING SALES (Jan 28-Feb 3, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
26 CRESTFIELD CT $84,900 2 2 989 CONDO 11
47 EAGLE CREST DR #42 $98,000 2 1 932 CONDO 24
47 EAGLE CREST DR C31 $99,000 2 1 1009 CONDO 112
245 CERVANTES $110,000 2 2 1265 CONDO 10
4 TOUCHSTONE #148 $120,000 3 2.1 1351 CONDO 95
44 EAGLE CREST DR #18 $128,000 3 2 1085 CONDO 43
668 McVey AVE #35 $156,500 1 1 636 CONDO 16
4310 BOTTICELLI ST #9 $158,000 2 2.1 2098 CONDO 116
5060 FOOTHILLS DR D $239,000 2 2 1252 CONDO 7
3787 LANEWOOD ST $245,000 3 2 1300 DETACHD 275
6438 FROST ST $319,900 3 2.1 2205 DETACHD 26
6414 Frost ST $339,900 3 2.1 2205 DETACHD 125
921 G AVE $420,000 3 2.1 1527 DETACHD 4
136 D AVE $439,000 2 2.1 1754 ATTACHD 139
2709 ORCHARD HILL PL $440,000 3 2 2098 DETACHD 6
101 3RD ST $474,000 3 2 1447 CONDO 3
12820 SW ALTO PARK RD $499,000 2 1 1132 DETACHD 171
686 SUNNY HILL DR $499,900 4 2.1 2392 DETACHD 15
1021 YATES ST $500,000 3 2.1 1985 DETACHD 12
2927 TOLKIEN LN $579,000 4 2.1 2819 DETACHD 220
50 BECKET ST $595,000 4 2.1 4216 DETACHD 260
1131 DEVON LN $599,990 3 3.1 3179 DETACHD 153
2960 WEMBLEY PARK RD $695,000 4 2.1 2000 DETACHD 203
13315 HIDDEN BAY CT $700,000 5 2.1 3671 DETACHD 5
12840 SW ALTO PARK RD $750,000 2 2.1 3632 DETACHD 170
3951 CHILDS RD $769,900 4 3.1 3890 DETACHD 110
481 9 ST $879,000 4 3.1 2813 DETACHD
1291 LAKE GARDEN CT $897,500 3 3 3254 DETACHD 236
3174 DOUGLAS CIR $999,000 5 4.1 4600 DETACHD 1
18785 WESTVIEW DR $1,795,000 5 3.3 5508 DETACHD 274
3142 LAKEVIEW BLVD $3,595,000 4 5 5554 DETACHD 270

SOLD (Jan 28-Feb 3 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD E-201 $96,300 $104,000 2 2 938 CONDO 13
216 RIDGEWAY RD #14D $133,000 $112,400 2 1 914 CONDO 74
3994 SW CARMAN DR $195,000 $153,000 2 2.1 1146 CONDO 325
4450 THUNDER VISTA LN $145,000 $155,000 2 2.1 2040 CONDO 148
5059 FOOTHILLS DR F $165,000 $185,000 2 2 997 CONDO 31
3101 MCNARY PKWY #10 $249,900 $208,250 3 2.1 1986 ATTACHD 53
5099 GALEN ST $289,900 $240,000 4 2.1 2246 DETACHD 109
6450 FROST ST $347,500 $309,900 4 2.1 2216 DETACHD 111
4750 AUBURN LN $399,500 $389,500 3 3.1 2679 ATTACHD 240
84 BERWICK RD $549,000 $525,000 5 3 3305 DETACHD 126
290 IRON MOUNTAIN BLVD $595,000 $565,000 1 1 1432 DETACHD 8
1455 TIMBERLINE DR $659,900 $630,000 4 3 3554 DETACHD 336
1943 INDIAN TRAIL $799,000 $790,000 3 2.1 2960 DETACHD 6
454 9TH ST $879,000 $845,000 3 4 2978 DETACHD 73
1560 COUNTRY COMMONS $949,000 $914,000 4 3.1 4379 DETACHD 91
2180 PRESTWICK RD $1,000,000 $1,000,000 3 3.1 2391 DETACHD 0
13083 KNAUS RD $2,200,000 $1,900,000 3 3 3200 DETACHD 0
1800 NORTHSHORE RD $3,795,000 $3,145,000 4 6.1 7660 DETACHD 83

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 Jan 21-27, 2013

Last week in Lake Oswego we had 17 houses come onto the market, 18 houses receive accepted offers, and 9 closed sales.
Here are further details on last week’s Market Activity:

NEWLY LISTED (Jan 21-27, 2013)

Address Type Price BR Bths SF
18 Crestfield Ct Condo $105,000 2 1 923
245 Cervantes Condo $110,000 2 2 1265
16250 Pacific Hwy #79 Condo $125,000 1 1 859
5060 Foothills Dr Condo $239,000 2 2 1252
1287 Boca Ratan Dr Condo $275,000 3 2 1670
2256 Glenmorrie Dr Detached $325,000 3 2 1628
497 Livingood Ln Detached $390,000 3 2.5 2144
4917 Mulholland Dr Attached $420,000 2 2.5 2403
2709 Orchard Hill Pl Detached $440,000 3 2 2098
762 Maple St Detached $479,000 3 2.5 2417
2464 Marylhaven Pl Detached $539,000 4 2.5 2898
13536 Streamside Dr Detached $649,000 4 3.5 2857
17393 Grandview Ct Detached $659,900 4 3.5 3672
13315 Hidden Bay Ct Detached $700,000 5 2.5 3671
2860 Upper Dr Detached $768,950 5 3.5 3768
15150 Glen Eagles Ct Detached $799,900 3 2.5+.5 2839
17340 Cardinal Dr Detached $885,000 4 3 3417

PENDING SALES (Jan 21-27, 2013)

Address Type Price BR Baths SF DOM 66 Oswego Summit Condo $74,900 1 1 764 12 3958 Carman Dr Condo $134,900 2 2.5 1133 260 3285 Childs Rd Detached $207,100 4 3 2780 183 6462 Frost St Detached $309,900 3 2.5 2205 117 5675 Childs Rd Detached $359,900 2 2.5 1644 99 14598 Wilmot Way Detached $369,000 4 2.5 1960 10 979 Devon Ln Detached $385,000 3 3.5 2162 192 1645 Aspen St Detached $425,000 3 2.5 1916 5 13340 Auburn Ct Attached $432,900 3 2.5 601 13366 Auburn Ct Attached $434,000 3 2.5 2492 82 13080 Princeton Ct Detached $463,900 5 3 3661 180 2011 Ridgewood Ln Detached $480,000 5 3.5 3012 716 4673 Lakeview Blvd Detached $500,000 3 2 2061 5 3423 Lake Grove Ave Detached $612,750 4 3.5 4324 420 1420 Hoodview Ln Detached $745,000 4 3 3323 5 2618 Palisades Crest Detached $749,900 5 3.5+.5 5169 198 567 6th St Detached $825,000 4 3.5 2568 7 786 7th St Detached $879,000 3 3.5 2825 84

SOLD (Jan 21-27 2013)

Address Type List Price Closed Price Sq Ft CDOM
5195 Firwood Rd Detached $251,000 $251,000 $196,000 1886 246
1237 Hallinan Circle Detached $251,000 $269,900 $258,000 1284 4
4231 Woodside Circle Attached $298,500 $267,500 1943 174
4150 Upper Dr Detached $251,000 $329,000 $285,000 1738 27
6474 Frost St Detached $251,000 $347,500 $310,000 2216 110
36 Nova Ct Detached $251,000 $360,000 $352,500 2,256 20
4360 Upper Dr Detached $251,000 $415,000 $405,000 2434 20
15225 Candlewood Ct Detached $251,000 $469,900 $430,000 2758 239
18175 Pilkington Rd Detached $251,000 $574,900 $602,500 3164 13

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