Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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Market Activity for December 13-19, 2010

Last week brought 7 new listings, 6 pending sales, and 8 closed sales to Lake Oswego.

New December 13-19, 2010

Address Price Type BR Bath Sq Feet
16250 Pacific Hwy #81 $99,000 Condo 1 1 841
790 Boca Ratan Dr $249,900 Detached 3 2 2112
12808 SW Boones Ferry $279,000 Attached 3 2.5 1174
1635 Village Park Ln $649,000 Detached 4 3.5 3338
727 Laurel St $650,000 Detached 4 3.5 2924
1309 Horseshoe Curve $849,000 Detached 4 3 3087
14062 Goodall Rd $979,950 Detached 3 3.5 3887

Pending Dec. 13-19, 2010

Address Price Type BR Bath Sq. Feet
200 Burnham Rd #204 $119,000 Condo 2 2 1313
4438 Thunder Vista Ln $169,900 Condo 2 2.5 2040
19211 Marlin Ct $225,000 Detached 3 2.5 2091
19167 Longfellow $279,000 Detached 3 2.5 1782
17952 Cardinal Dr $304,900 Detached 3 2 1702
13888 Shireva $475,000 Detached 4 3 3756

Sold Dec. 13-19, 2010

Address Orig. Price Sold Price type Sq Feet CDOM
5057 Foothills Dr C $189,900 $179,000 Condo 1252 9
17335 Ashley Ct $294,900 $244,000 Attached 2161 83
32 Churchill Downs $448,250 $350,000 Detached 3016 272
2602 Orchard Hill Pl $409,900 $399,000 Detached 2568 44
4685 Upper Dr $600,000 $500,000 Detached 3341 68
17555 Redfern $749,900 $583,000 Detached 3007 256
3943 Tempest $669,000 $599,000 Detached 3714 119
3155 Douglas Circle $985,000 $915,000 Detached 4517 146

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 ~ Dec 6-12, 2010

Happy December to all our Property Blotter readers! I have so many people ask me lately: “People don’t buy houses during the holiday season do they?” The first full week of December in Lake Oswego posts 8 homes New on the market (or that have been off for at least 30 days as in the case of a couple of these below), 9 that have moved to Pending status, and 6 that have Sold. My experience has always been a busy one around this time of year!

In the “Sold” section below I added a column (sorry it makes things kind of squished). We usually show what price the property Opened at, and then what price it Closed/Sold at. I inserted the “List Price” in between so that you can see the progression from left to right of how the price shifted, (or not as the case may be).

Here is last week’s Lake Oswego Market Activity according to RMLS:

New December 6-12, 2010

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #8 $87,000 2 1 908 CONDO
18963 LONGFELLOW AVE $299,900 3 1.1 1232 DETACHD
17614 SCHALIT WAY $303,900 3 2 1561 DETACHD
18231 TERRY AVE $325,000 3 2 1764 DETACHD
1459 GREENTREE CIR $335,000 3 2 1683 DETACHD
1571 WOODLAND TER $349,900 3 2 2400 DETACHD
1952 Park Forest $389,900 5 3 2856 DETACHD
1901 CHERYL CT $949,900 4 4.1 4863 DETACHD

Pending Dec. 6-12, 2010

Address List Price # Bedrs # Baths Total SF Prop Type CDOM
4000 CARMAN DR 102 $119,950 2 2 866 CONDO 39
200 BURNHAM RD 408 $149,000 2 2 1335 CONDO 1172
46 GREENRIDGE CT $189,900 3 2.1 2128 CONDO 131
18530 PILKINGTON RD $229,900 3 2 1925 DETACHD 35
15824 BOONES WAY $361,900 3 2 1895 DETACHD 58
4198 GLACIER LILY ST $389,000 4 3 2806 DETACHD 3
16942 CHERRY CREST DR $410,000 4 2.1 2363 DETACHD 11
17031 CRESTVIEW DR $449,900 4 3 2403 DETACHD 496
14480 KRUSE OAKS BLVD $725,000 4 3.1 4661 DETACHD 281

Sold Dec. 6-12, 2010

Address O/Price List Price Close Price # Beds # Baths Total SF Prop Type CDOM
1520 LABURNUM WAY $299,000 $299,000 $285,000 4 2 1724 DET 464
17640 TREETOP WAY $524,995 $447,000 $415,000 4 3 2718 DET 199
17455 BLUE HERON RD $575,000 $575,000 $535,000 3 2 2572 DET 519
14370 PFEIFER DR $669,000 $629,000 $610,000 4 2.1 3318 DET 98
920 OAK TER $649,950 $649,950 $653,000 4 2.1 3467 DET 133
13322 LESLIE CT $1,098,000 $1,098,000 $975,000 5 3.1 4449 DET 75

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 for November 29-December 5, 2010

Moving into the full logistics of the holidays, market activity slowed down significantly last week. We had 7 new listings, 2 pending sales, and 6 closed sales.

We receive a weekly accounting of lockbox activity every Monday. It consists of a tally of the number of times that lockboxes were opened and the percentage change from the week prior. Last week saw a 39% decrease. So showings are way down. Having said that, I always like to point out that while there may be fewer buyers out looking, those that are doing so at the holidays are serious buyers. People don’t take the time to look at this time of year unless they are motivated to buy.

See below for further details:

NEWLY LISTED (Nov 29-Dec 5, 2010)

Address Price Type BR Bath Sq Feet
4000 Carman Dr #108 $109,900 Condo 1 1 767
4305 Silver Ct $339,000 Attached 3 2.5 1835
4198 Glacier Lily St $389,000 Detached 4 3 2806
17 Hidalgo $429,000 Detached 4 3.5 3428
1217 Tyndall Ct $699,000 Detached 4 4 5181
15622 Fieldstone Dr $725,000 Detached 3 2.5 3113
582 9th St $838,950 Detached 2 3.5 2841

PENDING SALES (Nov 29-Dec 5, 2010)

Address Type Price BR Bath Sq. Feet
156 Greenwood Rd Detached $309,900 2 2 3722
4114 Casey Ct Detached $785,000 4 2.5 3405

SOLD (Nov 29-Dec 5, 2010)

table >

Address Orig. Price Sold Price type Sq Feet CDOM
692 2nd St $299,000 $255,000 Detached 1700 213
5188 Madrona St $549,000 $514,500 Detached 3183 36
1704 Glenmorrie Terr. $599,000 $575,000 Detached 3885 124
5001 Denton Dr $759,000 $753,000 Detached 3303 2
14089 Edenberry Dr $840,000 $840,000 Detached 3276 0
15446 Boones Way $998,500 $936,000 Attached 3364 84

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 ~ Nov. 22-28, 2010

Thanksgiving Week Lake Oswego saw 7 New listings, 8 Pending sales, and 6 Closed sales according to RMLS.

I notice that there are several properties re-entering the market after several months.  The one on Cardinal is described as a total remodel, and I am looking forward to seeing it in particular!  “Cumulative Days on Market” seems to have leveled out a bit with a few exceptions.

See below for further details:

NEWLY LISTED (Nov 22-28, 2010)

Address List Price # Beds # Baths Total SF Prop Type
16546 BONAIRE AVE $219,900 3 1 1064 DETACHD
72 GREENRIDGE CT $224,900 2 3 1825 ATTACHD
240 4TH ST $289,000 2 1.1 1080 DETACHD
16942 CHERRY CREST DR $410,000 4 2.1 2363 DETACHD
17471 CARDINAL DR $899,900 4 3.1 2636 DETACHD
3136 DOUGLAS CIR $968,950 4 3.1 4132 DETACHD
17787 KELOK RD $1,079,900 3 2 3085 DETACHD

PENDING SALES (Nov 22-28, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE 14 $99,000 1 1 627 CONDO 123
18244 PILKINGTON RD $254,900 3 1.1 1200 DETACHD 35
2000 GREENTREE RD $349,000 4 3 2548 DETACHD 135
864 6TH ST $350,000 5 2.1 2403 DETACHD 182
1600 WOODLAND TER $399,000 3 2 1674 DETACHD 115
4859 SAGE HEN WAY $415,000 4 3 2417 DETACHD 215
611 IRON MOUNTAIN BLVD $510,000 2 1 1322 DETACHD 149
610 CABANA LN $895,000 3 2 1729 DETACHD 108

SOLD (Nov 22-28, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY 23 99990 90000 1 1 617 CONDO 179
3433 MCNARY PKWY 408 124900 113500 2 2 1008 CONDO 49
200 BURNHAM RD 404 264000 115000 2 2 1325 CONDO 1119
17787 BLUE HERON DR 469950 445000 4 3 2448 DETACHD 59
13596 STREAMSIDE DR 579900 562000 4 2.1 3430 DETACHD 129
2111 HAZEL RD 1089000 991200 4 4.1 4894 DETACHD 382

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 Nov. 15-21, 2010

Woke up this morning to a dusting of snow and very cold temperatures. Brrrrrrr…….

Last week had just 4 new listings, 11 pending sales, and 15 closed sales. Recent media reports are sounding ever so slightly more positive. That combined with people wanting to move before Christmas has the market moving.

See below for further details:

NEWLY LISTED (Nov 15-21, 2010)

Address Price Type BR Bath Sq Feet
104 Oswego Summit $89,900 Condo 1 1 764
6319 Washington Ct $219,000 Detached 3 1.5 1274
19010 Longfellow Ave $284,900 Detached 3 1 1732
18222 Siena Dr $1,189,000 Detached 4 3.5 3998

PENDING SALES (Nov 15021, 2010)

Address Price Type BR Bath Sq. Feet
3433 McNary Pkwy #204 $99,900 Condo 2 2 1008
6447 McEwan Rd $154,900 Detached 2 1 912
18462 Don Lee Way $179,900 Detached 4 2 1904
5057 Foothills Dr C $189,900 Condo 3 2 1252
464 5th St $197,715 Condo 2 1.5 1092
1416 Cherry Crest Dr $259,000 Detached 5 3 2559
16105 Inverurie Rd $429,900 Detached 3 2 2356
13819 Provincial Hill Dr $445,000 Detached 4 2.5 2096
1235 Chandler $865,000 Detached 5 3.5 3717
13322 Leslie Ct $1,098,000 Detached 5 3.5 4449
13795 Cameo Ct $1,400,000 Detached 4 5.5+.5 7190

SOLD (Nov 15-21, 2010)

Address Orig. Price Sold Price type CDOM Sq Feet
44 Crestfield Ct $75,500 $75,500 Condo 11 923
20 Cervantes Cir $79,900 $80,000 Condo 8 912
212 Ridgeway Rd $189,900 $153,000 Condo 483 778
6120 Shakespeare St $185,000 $197,000 Detached 177 999
15139 Quarry Rd $250,000 $225,000 Detached 402 1328
37 Bloch Terr. $300,000 $280,000 Attached 142 1972
1073 Hallinan St $359,000 $338,000 Detached 124 1828
1255 Bayberry Rd $390,000 $355,000 Detached 335 1901
1899 Woodland Terr $389,000 $360,000 Detached 130 3031
5717 Bonita Rd $400,000 $370,000 Detached 53 2572
3541 Red Cedar Way $404,900 $385,000 Detached 14 1963
17890 Kelok Rd $417,900 $417,000 Detached 753 3095
5916 Sulnbrook Dr $459,900 $463,000 Detached 9 2617
15915 Waluga Dr $598,950 $550,000 Detached 261 2939
3151 Douglas Cir $1,349,000 $1,090,000 Detached 125 4400

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 – Nov 8-14, 2010

It seems to be slowing down a bit as we inch closer to Thanksgiving.
Last week Lake Oswego had 10 New listings, 8 Pending sales, and 2 Closed sales according to RMLS.

See below for further details:

NEWLY LISTED (Nov 8-14, 2010)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR 4 $65,000 2 1 932 CONDO
99 OSWEGO SMT 99 $109,900 2 1.1 1116 CONDO
5057 FOOTHILLS DR C $189,900 3 2 1252 CONDO
19431 SW TUALAMERE AVE $255,900 3 1.1 1308 DETACHD
928 LAKE FRONT RD $345,000 4 3 2300 DETACHD
5682 LANGFORD LN $349,500 2 2 1559 DETACHD
17121 WALL ST $424,900 3 2.1 2187 DETACHD
1677 LAUREL ST $450,000 4 3.1 2481 DETACHD
13960 SHIREVA CT $489,900 5 3 2864 DETACHD
1872 PALISADES TERRACE DR $821,500 6 5 5083 DETACHD

PENDING SALES (Nov 8-14, 2010)

Address List Price # Beds #Baths Total SF Prop Type CDOM
668 MCVEY AVE 81 $129,900 2 1.1 992 CONDO 32
668 MCVEY AVE 32 $184,900 3 1.1 985 CONDO 6
5060 FOOTHILLS DR E $275,000 2 2 1252 CONDO 111
32 CHURCHILL DOWNS $379,900 4 2.1 3016 DETACHD 272
4208 ALBERT CIR $400,950 4 3 2777 DETACHD 15
942 CLARA CT $405,000 4 2.1 3123 DETACHD 122
17555 REDFERN AVE $599,000 4 3.1 3007 DETACHD 256
3140 DOUGLAS CIR $861,000 4 3.1 3489 DETACHD 10

SOLD (Nov 8-14, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
72 CONDOLEA WAY $375,000 375000 2 2.1 2958 CONDO 13
1740 YARMOUTH CIR $550,000 485000 2 2.1 1960 DETACHD 127

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 November 1-7, 2010

Last week Lake Oswego had 14 New listings, 14 Pending sales, and 10 Closed sales, according to RMLS.

See below for further details:

NEWLY LISTED (Nov. 1-7, 2010)

Address Price Sq Feet BR Baths Type
57 Galen St $77,000 689 1 1 Condo
16250 Pacific Hwy #47 $109,900 1305 2 1 Condo
194 Ridgeway Rd 11B $205,000 1659 2 1 Condo
5056 Foothills Dr G $225,000 1252 2 2 Condo
4314 Botticelli St $229,000 2098 2 2.5 Condo
18530 Pilkington Rd $244,900 1925 3 2 Detached
1818 Country Club Rd $269,000 1596 4 2 Detached
18700 Wood Duck Way $429,900 2158 4 2 Detached
4705 Lakeview Blvd $539,990 2700 3 2.5 Detached
5836 Suncreek Dr $599,000 2500 4 2 Detached
17157 Blue Heron Rd $689,000 2749 5 3 Detached
3056 Wembly Park Rd $695,000 2611 4 2.1 Detached
2990 Glen Eagles $795,000 3650 4 2.5 Detached
12512 Shelby Ct $799,999 4975 4 4.5 Detached

PENDING SALES (Nov. 1-7, 2010)

Address Price Type BR Baths Sq Feet
37 Crestfield Ct $69,900 Condo 2 1 923
45 Eagle Crest #320 $109,900 Condo 1 1 768
3433 McNary Pkwy #408 $119,900 Condo 2 2 1008
464 5th St $197,715 Condo 2 2 1092
692 2nd St $259,000 Detached 3 1 1700
2602 Orchard Hill Pl $399,000 Detached 3 3 2568
17187 Carlson Ct $405,000 Detached 4 3 2082
17640 Treetop Way $447,000 Detached 4 3 2718
14370 Pfeiffer Dr $629,000 Detached 4 3 3318
1225 Lake Garden Ct $699,995 Detached 4 3.5+.5 3558
15578 Village Dr $799,000 Detached 3 3 3630
3155 Douglas Circle $925,000 Detached 5 3.5+.5 4517
2111 Hazel Rd $1,089,000 Detached 4 5 4894
670 Iron Mt. Blvd $1,250,000 Detached 4 3.5+.5 5208

SOLD (Nov. 1-7, 2010)

Address Original Price Closed Price Type Sq Feet CDOM
668 McVey #54 $140,000 $140,000 Condo 992 5
3508 Red Cedar Way $249,000 $220,000 Detached 1386 3
1462 Greentree $435,000 $362,500 Detached 2507 123
17670 Marylbrook Dr $499,000 $500,000 Detached 3067 77
550 Middlecrest Rd $624,900 $550,000 Detached 2240 187
571 2nd St #307 $739,500 $559,000 Condo 1561 626
18263 Anduin Terrace $625,000 $565,000 Detached 3100 92
17467 Westview Dr $727,900 $695,000 Detached 3774 4
844 5th St $829,000 $795,000 Detached 2590 32
16772 Alder Circle $1,995,000 $1,799,000 Detached 3151 154

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 25-31, 2010

Last week Lake Oswego had 17 New listings, 11 Pending sales, and 15 Closed sales according to RMLS.

See below for further details:

NEWLY LISTED (Oct 25-31, 2010)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR 102 $119,950 2 2 866 CONDO
1547 BOCA RATAN DR $198,000 2 1.1 1008 CONDO
186 OSWEGO SMT 186 $212,000 2 2 1506 CONDO
1659 OAK ST $299,900 3 2.1 2224 DETACHD
18407 DEER OAK CIR $319,000 4 2 1812 DETACHD
16990 LOWER MEADOWS DR $379,000 3 2.1 2000 DETACHD
1960 MAPLELEAF RD $379,900 3 2 1426 DETACHD
4208 ALBERT CIR $400,950 4 3 2777 DETACHD
36 NORTHVIEW CT $449,000 3 3.1 2573 ATTACHD
1711 HIGHLAND DR $459,000 3 2.1 1926 DETACHD
775 BOCA RATAN DR $469,000 4 3.1 2727 DETACHD
19443 KOKANEE CT $499,900 4 2.1 2812 DETACHD
5035 ROSEWOOD ST $549,900 4 3.1 3206 DETACHD
14674 RAINBOW DR $618,000 4 3 3058 DETACHD
15459 VILLAGE DR $695,000 4 3.1 3059 DETACHD
19575 35TH CT $1,195,000 4 3 4181 DETACHD
163 IRON MOUNTAIN BLVD $1,200,000 4 3.1 4314 DETACHD

PENDING SALES (Oct 25-31, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
33 CRESTFIELD CT 33 $64,900 1 1 689 CONDO 282
20 CERVANTES CIR $79,900 2 1.1 912 CONDO 8
6120 SHAKESPEARE ST $185,000 3 1.1 999 DETACHD 177
4717 FIRWOOD RD $229,000 8 3 2502 DETACHD 277
4948 MEADOWS RD $259,900 3 2 2491 DETACHD 72
1520 LABURNUM WAY $299,000 4 2 1724 DETACHD 464
28 PREAKNESS CT $349,000 5 4 2871 DETACHD 452
17712 CARDINAL CT $368,000 4 3 2146 DETACHD 203
17890 KELOK RD $417,900 4 2.1 3095 DETACHD 753
3943 TEMPEST DR $599,000 4 2.1 3714 DETACHD 119
5001 DENTON DR $759,000 4 2.1 3303 DETACHD 2

SOLD (Oct 25-31, 2010)

Address Orig Price Closed Price # Beds # Baths Total SF Prop Type CDOM
2 MOUNTAIN CIR $160,000 $110,000 2 1.1 1504 ATTACHD 21
200 BURNHAM RD 103 $174,900 $115,000 1 1 752 CONDO 162
5225 JEAN RD 104 $155,000 $136,000 2 2 1400 CONDO 118
34 CONDOLEA DR $228,000 $187,500 2 2 1420 CONDO 174
848 6th ST $425,000 $250,000 2 1 1648 DETACHD 413
743 10th ST $325,000 $290,000 2 1 1019 DETACHD 16
1070 HALLINAN $379,900 $314,000 3 1.1 1653 DETACHD 65
19242 TERRY AVE $395,000 $325,000 4 2 1872 DETACHD 185
5376 ROSEWOOD ST $394,900 $339,498 3 2.1 2457 ATTACHD 150
1000 ATWATER RD $389,900 $378,000 4 3 2200 DETACHD 3
5747 VICTORIA CT $489,950 $460,000 4 2.1 2432 DETACHD 0
14246 KIMBERLY CIR $615,000 $605,000 4 2.1 3520 DETACHD 52
1641 ENGLEWOOD DR $775,000 $665,000 4 2.1 4204 DETACHD 59
4123 CHAD DR $769,950 $675,000 4 3.1 3836 DETACHD 155
16461 CHAPIN WAY $779,900 $708,000 4 2.1 4271 DETACHD 488

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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More Market Data

  • A comparison of Sept ’10 and the previous month in Portland Metro shows an increase in Closed Sales of 1.3%
  • Average sales price in Portland Metro fell by 3.5% comparing  Sept. 2009 with Sept 2010.
  • Comparing the 3rd quarter of 2009 with 3rd quarter 2010, Closed Sales in Portland Metro dropped 24.7%
  • Comparing the 3rd quarter of 2009 with 3rd quarter 2010, Metro Listings increased by 1.2%
  • Average Metro Closed Price in Sept 2010 was $279,900
  • Average Lake Oswego/West Linn Closed Price in Sept 2010 was $432,200
  • Metro “Time on Market” for Sept 2010 was 131 days
  • Lake Oswego/West Linn “Time on Market” for Sept 2010 was 186 days
  • Metro Active Listings as of Sept 2010 was 14, 714
  • Lake Oswego/West Linn Active Listings as of Sept 2010 were 1,025
  • From Oct 1, ’09 to Sept 30 ’10, Lake Oswego/West Linn Average  Sale Prices declined by 9.3%
  • Portland Metro saw 1,399 Closed Sales in Sept. 2010
  • Lake Oswego and West Linn saw 71 Closed Sales in Sept 2010
  • All data derived from RMLS Market Action Report
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Market Activity for October 18-24, 2010

I can really feel the change of seasons. With that it always seems like the market starts to slow. I am seeing a slow down of new listings with just 14, but 14 pending sales and 8 closed sales is on pace with what we have been seeing since the end of summer.

See below for further details:

NEWLY LISTED (Oct 18-24, 2010)

Address List Price Bedrooms Baths Sq feet Prop Type
20 CERVANTES CIR $79,900 2 1.5 912 CONDO
5061 FOOTHILLS DR $199,000 2 2 991 CONDO
18244 PILKINGTON RD $254,900 3 1.5 1,200 DETACHD
5852 LAKEVIEW CT $259,000 3 1 1,032 DETACHD
1 EAGLE CREST DR $259,900 3 2 1,265 DETACHD
4141 COBB WAY $279,900 3 2 1,236 DETACHD
3684 RED CEDAR WAY $289,900 3 2.5 1,830 DETACHD
4281 CHAPMAN WAY $301,907 3 2.5 2,010 DETACHD
4500 GALEWOOD ST 420000 3 3 2,408 DETACHD
13819 PROVINCIAL HILL DR 449000 4 2.5 2,096 DETACHD
875 PALISADES TERRACE DR 499000 4 3 2,165 DETACHD
19019 BRYANT RD 739900 4 3.5 3,326 DETACHD
16847 GREENBRIER RD 1595000 3 2.5+.5 2,315 DETACHD
939 TERRACE DR 1850000 4 3.5 4,780 DETACHD

PENDING SALES (Oct 18-24, 2010)

Address List Price Bedrooms Baths Sq feet Prop Type
16 MOUNTAIN CIR $129,900 2 2 1,065 ATTACHD
200 BURNHAM RD $139,000 2 2 1,325 CONDO
221 CERVANTES $144,000 2 1.5 1,180 CONDO
1416 CHERRY CREST DR $259,000 5 3 2,559 DETACHD
37 BLOCH TER $300,000 3 2.5 1,972 ATTACHD
743 10th ST $325,000 2 1 1,019 DETACHD
1899 WOODLAND TER $369,000 5 3.5 3,031 DETACHD
72 CONDOLEA WAY $375,000 2 2.5 2,958 CONDO
3885 UPPER DR 469000 4 2.5 3,122 DETACHD
5758 CHARLES CIR 479900 3 2 2,371 DETACHD
4709 Lakeview BLVD 549900 4 2.5 2,725 DETACHD
4685 UPPER DR 550000 3 2 3,341 DETACHD
563 2ND ST 635000 2 2.5 1,748 CONDO
16990 ALDER CIR 640000 3 2.5 1,926 DETACHD

SOLD (Oct 18-24, 2010)

Address Original Price Close Price CDOM Sq Feet Prop Type BR BTHS
200 BURNHAM RD $264,000 $137,500 866 1,335 CONDO 2 2
1496 BOCA RATAN DR $249,000 $249,000 3 1,403 ATTACHD 3 1.5
2634 ORCHARD HILL PL $449,500 $423,500 13 2,573 DETACHD 3 2.5
5553 KILCHURN AVE $679,900 $640,000 25 3,274 DETACHD 4 2.5
5657 VICTORIA CT $689,900 $645,000 45 3,421 DETACHD 4 3
490 COUNTRY CLUB RD $999,999 $750,000 115 3,052 DETACHD 5 4
17537 CARDINAL DR $895,000 $800,000 407 5,282 DETACHD 5 4
2569 GLEN EAGLES PL $1,349,000 $1,115,000 114 4,591 DETACHD 5 4.5+.5

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