Market activity in Lake Oswego last week brought us 19 new listings, 7 pending sales, and 6 closed sales.
See below for further details:
NEWLY LISTED (Oct 4-Oct 10, 2010)
| Address | List Price | Bedrooms | Baths | Sq feet | Prop Type | ||
| 668 MCVEY AVE | $129,900 | 2 | 1.5 | 992 | CONDO | ||
| 159 OSWEGO SMT | $175,000 | 2 | 2 | 1,506 | CONDO | ||
| 1416 CHERRY CREST DR | $259,000 | 5 | 3 | 2,559 | DETACHD | ||
| 14138 KNAUS RD | $296,573 | 4 | 2 | 2,001 | DETACHD | ||
| 53 ORIOLE LN | $304,900 | 3 | 2.5 | 2,072 | DETACHD | ||
| 17952 Cardinal DR | $309,900 | 3 | 2 | 1,702 | DETACHD | ||
| 743 10th ST | $325,000 | 2 | 1 | 1,019 | DETACHD | ||
| 5311 CHILDS RD | $349,000 | 4 | 2 | 1,764 | DETACHD | ||
| 28 PREAKNESS CT | 350000 | 5 | 4 | 2,871 | DETACHD | ||
| 72 CONDOLEA WAY | 375000 | 2 | 2.5 | 2,958 | CONDO | ||
| 880 BOCA RATAN DR | 399900 | 5 | 3 | 2,364 | DETACHD | ||
| 5916 SUNBROOK DR | 459900 | 3 | 2.5 | 2,617 | DETACHD | ||
| 1189 SUNNINGDALE CT | 484900 | 3 | 2.5 | 2,072 | DETACHD | ||
| 18064 JENIFERS WAY | 549950 | 3 | 2.5 | 2,639 | DETACHD | ||
| 22 SW DEL PRADO ST | 559900 | 5 | 3.5 | 4,056 | DETACHD | ||
| 5371 LANGFORD LN | 694950 | 4 | 2.5 | 2,950 | DETACHD | ||
| 18094 PILKINGTON RD | 739950 | 3 | 3.5 | 3,505 | DETACHD | ||
| 5087 LAKEVIEW BLVD | 749000 | 4 | 2.5 | 3,200 | DETACHD | ||
| 4256 LAKEVIEW BLVD | 1095000 | 4 | 3.5 | 3,117 | DETACHD |
PENDING SALES (Oct 4-Oct 10, 2010)
| Address | List Price | Bedrooms | Baths | Sq feet | Prop Type | ||
| 44 CRESTFIELD CT | $75,000 | 2 | 1 | 923 | CONDO | ||
| 86 KINGSGATE RD | $94,900 | 2 | 2 | 924 | ATTACHD | ||
| 15139 QUARRY RD | $224,900 | 3 | 2 | 1,328 | DETACHD | ||
| 5160 TUALATA LN | $304,900 | 3 | 2 | 1,470 | DETACHD | ||
| 1740 YARMOUTH CIR | $510,000 | 2 | 2.5 | 1,960 | DETACHD | ||
| 13596 STREAMSIDE DR | $579,900 | 4 | 2.5 | 3,430 | DETACHD | ||
| 2811 ARROWHEAD CT | $1,000,000 | 4 | 3.5 | 3,740 | DETACHD | ||
SOLD (Oct 4-Oct 10, 2010)
| Address | Original Price | Closed Price | BD/BATH | Sq feet | Prop Type | CDOM | ||
| 6125 FERNBROOK ST | $264,999 | $230,000 | 3/1.5 | 1,271 | DETACHD | 180 | ||
| 1684 BOCA RATAN DR | $248,900 | $240,000 | 3/2.0 | 1,611 | ATTACHD | 531 | ||
| 17683 ARBOR LN | $339,900 | $305,000 | 3/2.0 | 1,946 | DETACHD | 70 | ||
| 875 LEE ST | $378,900 | $345,500 | 3/2.0 | 2,200 | DETACHD | 483 | ||
| 2329 STONEHURST CT | $539,900 | $530,000 | 4/3.0 | 3,275 | DETACHD | 12 | ||
| 5700 CHILDS RD | $749,900 | $749,900 | 4/2.5 | 2,865 | DETACHD | 98 | ||
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 ~ Sept 27-Oct 3, 2010
Market activity last week brought Lake Oswego 10 new listings, 9 pending sales, and 12 closed sales according to RMLS.
See below for further details:
NEWLY LISTED (Sept 27-Oct 3, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 44 CRESTFIELD CT | $75,000 | 2 | 1 | 923 | CONDO |
| 572 S STATE ST #8C | $180,000 | 2 | 1 | 914 | CONDO |
| 5054 FOOTHILLS DR #69E | $215,000 | 3 | 2 | 1252 | CONDO |
| 44 ORIOLE LN | $270,000 | 4 | 2.1 | 2224 | DETACHD |
| 3541 RED CEDAR WAY | $404,900 | 3 | 3 | 1963 | DETACHD |
| 17890 KELOK RD | $417,900 | 4 | 2.1 | 3095 | DETACHD |
| 4978 MULHOLLAND DR | $419,000 | 3 | 2.1 | 2498 | ATTACHD |
| 135 5th ST | $539,900 | 4 | 1 | 2200 | DETACHD |
| 17606 WOODHURST PL | $598,000 | 5 | 3.1 | 4488 | DETACHD |
| 15578 VILLAGE DR | $799,000 | 3 | 2.1 | 3630 | DETACHD |
PENDING SALES (Sept 27-Oct 3, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 79 GALEN ST | $69,900 | 2 | 2 | 995 | CONDO | 35 |
| 668 MCVEY AVE #54 | $140,000 | 3 | 1.1 | 992 | CONDO | 5 |
| 2 MOUNTAIN CIR | $160,000 | 2 | 1.1 | 1504 | ATTACHD | 21 |
| 6447 MCEWAN RD | $169,900 | 2 | 1 | 912 | DETACHD | 115 |
| 6173 WASHINGTON CT | $314,000 | 3 | 2 | 1440 | DETACHD | 10 |
| 1462 GREENTREE CIR | $389,900 | 4 | 2.1 | 2507 | DETACHD | 138 |
| 571 2ND ST #307 | $631,000 | 2 | 2 | 1561 | CONDO | |
| 16461 CHAPIN WAY | $749,900 | 4 | 2.1 | 4271 | DETACHD | 488 |
| 3151 DOUGLAS CIR | $1,185,000 | 5 | 4.2 | 4400 | DETACHD | 125 |
SOLD (Sept 27-Oct 3, 2010)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 512 S STATE ST | $129,900 | $90,000 | 1 | 1 | 829 | CONDO | 106 |
| 510 S STATE ST | $117,500 | $95,100 | 1 | 1 | 829 | CONDO | 58 |
| 16790 LAKE FOREST BLVD | $155,000 | $120,000 | 2 | 1 | 780 | DETACHD | 32 |
| 4201 COLLINS WAY | $279,000 | $278,000 | 3 | 2 | 1230 | DETACHD | 53 |
| 15265 BOONES WAY | $324,500 | $300,000 | 2 | 2.1 | 1560 | ATTACHD | 21 |
| 4664 FIRWOOD RD | $379,900 | $347,900 | 3 | 2 | 1640 | DETACHD | 53 |
| 231 LAUREL ST | $425,000 | $388,000 | 3 | 3 | 2244 | DETACHD | 119 |
| 17778 MARYLCREEK DR | $459,900 | $400,000 | 3 | 2.1 | 2741 | DETACHD | 49 |
| 325 3RD ST | $499,900 | $441,500 | 2 | 2.1 | 1937 | ATTACHD | 189 |
| 15 SCARBOROUGH DR | $549,000 | $494,000 | 5 | 3.1 | 3310 | DETACHD | 58 |
| 1050 Schukart LN | $599,000 | $561,015 | 3 | 3.1 | 5847 | DETACHD | 207 |
| 17281 KELOK RD | $1,195,000 | $845,000 | 3 | 3 | 2682 | DETACHD | 370 |
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 Sept. 20-26, 2010
Last week brought 19 new listings onto the market, 11 pending sales, and 11 closed sales.
There is a new listing worth getting excited about. It’s a condo right on the lake at the East end off of McVey. It was previously listed for $549,000, and is now a foreclosure listed for $140,000. Seriously, waterfront for $140,000. My guess is that the bank who now owns it knows that with the lake level lowered right now for the sewer replacement project, they know it will not show well. But if you are willing to look at a mud bog until next summer when the lake is refilled, you could get yourself one screaming deal. It’s just 992 square feet, with 3 bedrooms and 1 1/2 baths. Give Linda or myself a call if you want more info.
In the mean time, here is last week’s report.
See below for further details.
NEWLY LISTED (Sept 20-26, 2010)
| Address | List Price | Bedroom | Baths | Sq Feet | Prop Type | ||
| 44 EAGLE CREST DR | $100,000 | 2 | 1 | 908 | CONDO | ||
| 668 MCVEY AVE | $140,000 | 3 | 1.5 | 992 | CONDO | ||
| 4085 JEFFERSON PKWY | $168,900 | 2 | 2.5 | 1,851 | CONDO | ||
| 10 ORIOLE LN | $299,500 | 3 | 2 | 1,654 | DETACHD | ||
| 6173 WASHINGTON CT | $314,000 | 3 | 2 | 1,440 | DETACHD | ||
| 16026 PARKER RD | $330,000 | 3 | 1 | 1,620 | DETACHD | ||
| 4260 SOUTHSHORE BLVD | $349,000 | 2 | 2 | 1,268 | DETACHD | ||
| 106 KINGSGATE RD | $349,900 | 3 | 2.5 | 1,669 | DETACHD | ||
| 2602 ORCHARD HILL PL | 409900 | 3 | 2.5 | 2,568 | DETACHD | ||
| 17187 CARLSON CT | 435000 | 4 | 3 | 2,082 | DETACHD | ||
| 979 DEVON LN | 457000 | 4 | 3.5 | 2,162 | DETACHD | ||
| 2250 PARK RD | 499000 | 3 | 2 | 2,072 | DETACHD | ||
| 19263 MEGLY CT | 559900 | 5 | 3 | 3,213 | DETACHD | ||
| 17981 MEADOWLARK LN | 584900 | 3 | 2.5 | 3,250 | DETACHD | ||
| 5975 NEWCASTLE DR | 649000 | 4 | 2.5 | 3,339 | DETACHD | ||
| 1969 PALISADES TERRACE DR | 775000 | 4 | 2.5 | 3,930 | DETACHD | ||
| 312 9th ST | 782850 | 4 | 2.5 | 2,640 | DETACHD | ||
| 453 9th ST | 797950 | 4 | 3.5 | 2,859 | DETACHD | ||
| 3030 Childs RD | 999950 | 5 | 4.5 | 7,076 | DETACHD |
PENDING SALES (Sept 20-26, 2010)
| Address | List Price | Bedrooms | Baths | Sq Feet | Prop Type | ||
| 200 BURNHAM RD | $149,000 | 2 | 2 | 1,335 | CONDO | ||
| 18462 DON LEE WAY | $179,900 | 4 | 2 | 1,904 | DETACHD | ||
| 16200 PACIFIC HWY | $184,900 | 2 | 2 | 1,190 | CONDO | ||
| 1070 HALLINAN | $321,000 | 3 | 1.5 | 1,653 | DETACHD | ||
| 32 CHURCHILL DOWNS | $379,900 | 4 | 2.5 | 3,016 | DETACHD | ||
| 1000 ATWATER RD | $389,900 | 4 | 3 | 2,200 | DETACHD | ||
| 17491 BLUE HERON DR | $459,900 | 4 | 2 | 2,396 | DETACHD | ||
| 230 4TH ST | $475,000 | 3 | 3 | 2,165 | DETACHD | ||
| 13143 VERMEER DR | 499000 | 3 | 2.5 | 2,288 | DETACHD | ||
| 14246 KIMBERLY CIR | 615000 | 4 | 2.5 | 3,520 | DETACHD | ||
| 844 5TH ST | 829000 | 3 | 3 | 2,590 | DETACHD |
SOLD (Sept 20-26, 2010)
| Address | Orig. Price | Close Price | CDOM | Sq Feet | Prop Type | |||
| 6011 SHAKESPEARE ST | $195,000 | $196,000 | 1 | 1,318 | DETACHD | |||
| 5060 FOOTHILLS DR | $229,500 | $210,000 | 32 | 1,252 | CONDO | |||
| 18929 INDIAN SPRINGS RD | $324,900 | $324,900 | 7 | 3,380 | DETACHD | |||
| 595 6TH ST | $349,000 | $349,000 | 3 | 893 | DETACHD | |||
| 19 FALSTAFF ST | $500,000 | $405,000 | 169 | 3,207 | DETACHD | |||
| 19451 SW DOGWOOD CT | $559,900 | $527,900 | 104 | 3,547 | DETACHD | |||
| 577 2ND ST | $595,000 | $535,000 | 211 | 1,459 | CONDO | |||
| 3030 WESTVIEW CT | $859,000 | $727,500 | 677 | 3,415 | DETACHD | |||
| 5288 DENTON DR | $759,000 | $739,000 | 62 | 3,240 | DETACHD | |||
| 3540 RED CEDAR WAY | $919,000 | $740,000 | 177 | 4,100 | DETACHD | |||
| 1318 HORSESHOE CURV | $1,275,000 | $1,090,000 | 165 | 3,554 | DETACHD |
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 ~ Sept 13-19, 2010
Market activity last week brought us 16 new listings, 2 pending sales, and 14 closed sales.
Two of the New Listings, Eagle Crest & Southwood, had been off the market for just a little less than 30 days & took a $30,000 price drop & approx $10,000 respectively. Cameo was only off the market for a few days, but took a $250,000 price drop. All show as New Listings with new Realtors as well.
See below for further details.
NEWLY LISTED (Sept 13-19, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 44 EAGLE CREST DR #1 | $110,000 | 2 | 1 | 908 | CONDO |
| 3433 McNary PKWY #504 | $189,900 | 2 | 2.1 | 1136 | CONDO |
| 37 ORIOLE LN | $274,900 | 2 | 2 | 1520 | DETACHD |
| 1095 CORNELL ST | $299,500 | 2 | 1 | 1416 | DETACHD |
| 427 9TH ST | $299,900 | 4 | 2 | 2130 | DETACHD |
| 4760 LOWER DR | $345,000 | 4 | 3 | 2500 | DETACHD |
| 13901 SUNDELEAF DR | $350,000 | 4 | 0.3 | 1877 | DETACHD |
| 151 DEL PRADO ST | $439,000 | 4 | 2.1 | 2447 | DETACHD |
| 326 LAKE BAY CT | $474,900 | 3 | 2 | 1410 | DETACHD |
| 777 BERWICK CT | $475,000 | 3 | 2 | 2324 | DETACHD |
| 14361 SHERBROOK PL | $569,000 | 3 | 2.1 | 2100 | DETACHD |
| 5705 SOUTHWOOD DR | $598,000 | 4 | 2.1 | 3360 | DETACHD |
| 15566 VILLAGE PARK CT | $709,900 | 5 | 3.1 | 4692 | DETACHD |
| 193 FURNACE ST | $769,950 | 2 | 2.1 | 2215 | CONDO |
| 13795 CAMEO CT | $1,400,000 | 4 | 5.2 | 7190 | DETACHD |
| 1677 LESLIE LN | $2,599,000 | 5 | 5.1 | 7534 | DETACHD |
PENDING SALES (Sept 13-19, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4664 FIRWOOD RD | $349,900 | 3 | 2 | 1640 | DETACHD | 53 |
| 17670 MARYLBROOK DR | $499,000 | 4 | 3 | 3067 | DETACHD | 261 |
SOLD (Sept 13-19, 2010)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR #31 | $84,950 | $71,000 | 2 | 1 | 1009 | CONDO | 104 |
| 205 CERVANTES | $164,900 | $120,000 | 2 | 1.1 | 1216 | CONDO | 145 |
| 16200 PACIFIC HWY #8 | $279,900 | $221,500 | 2 | 2 | 1208 | CONDO | 120 |
| 3388 EDGEMONT RD | $359,900 | $250,000 | 3 | 2.1 | 1968 | DETACHD | 283 |
| 4236 HARVEY WAY | $399,500 | $348,000 | 3 | 2.1 | 1870 | DETACHD | 110 |
| 15580 PARTRIDGE DR | $378,000 | $350,000 | 3 | 2.1 | 2245 | DETACHD | 267 |
| 17518 REDFERN AVE | $409,000 | $365,000 | 3 | 2 | 1831 | DETACHD | 715 |
| 24 PARTRIDGE LN | $449,000 | $450,000 | 4 | 2.1 | 3224 | DETACHD | 40 |
| 5678 CHARLES CIR | $580,000 | $520,000 | 3 | 4 | 3455 | DETACHD | 495 |
| 14158 KIMBERLY CIR | $530,000 | $530,800 | 5 | 3 | 3648 | DETACHD | 40 |
| 19288 SW Megly CT | $579,900 | $562,400 | 5 | 3 | 3594 | DETACHD | 149 |
| 1425 CHANDLER RD | $978,000 | $750,000 | 4 | 3 | 3384 | DETACHD | 43 |
| 4912 FIRWOOD RD | $999,900 | $950,000 | 4 | 4 | 5640 | DETACHD | 21 |
| 19000 BRYANT RD | $965,000 | $965,000 | 5 | 3.1 | 5874 | DETACHD | 3 |
Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings
Market Activity September 6-12, 2010
Market activity last week brought us 10 new listings, 11 pending sales, and 3 closed sales.
See below for further details.
NEWLY LISTED (September 6-12, 2010)
| Address | List Price | Bedrooms | Baths | Sq. Feet | Prop Type | ||
| 2 MOUNTAIN CIR | $160,000 | 2 | 1.5 | 1,504 | ATTACHD | ||
| 5063 FOOTHILLS DR | $225,000 | 2 | 2 | 991 | CONDO | ||
| 17335 ASHLEY CT | $294,900 | 3 | 2.5 | 2,161 | ATTACHD | ||
| 532 2ND ST | $350,000 | 2 | 2.5 | 1,394 | CONDO | ||
| 1551 WOODLAND TER | $499,000 | 4 | 2 | 2,712 | DETACHD | ||
| 5188 MADRONA ST | $549,000 | 3 | 3 | 3,183 | DETACHD | ||
| 17682 MARYLBROOK DR | $649,900 | 4 | 2.5 | 3,799 | DETACHD | ||
| 3883 TAMARACK LN | $669,000 | 4 | 2.5 | 2,898 | DETACHD | ||
| 13978 Westcott CT | 675000 | 3 | 3 | 3,361 | DETACHD | ||
| 1088 WESTWARD HO RD | 725000 | 2 | 2 | 1,837 | DETACHD |
PENDING SALES (September 6-12, 2010)
| Address | List Price | Bedrooms | Baths | Sq Feet | Prop Type | ||
| 200 BURNHAM RD | $139,000 | 2 | 1 | 1,216 | CONDO | ||
| 16250 PACIFIC HWY | $139,000 | 2 | 2 | 1,327 | CONDO | ||
| 6125 FERNBROOK ST | $239,000 | 3 | 1.5 | 1,271 | DETACHD | ||
| 1496 BOCA RATAN DR | $249,900 | 3 | 1.5 | 1,403 | ATTACHD | ||
| 875 LEE ST | $349,900 | 3 | 2 | 2,200 | DETACHD | ||
| 2329 STONEHURST CT | $539,900 | 4 | 3 | 3,275 | DETACHD | ||
| 18263 ANDUIN TER | $575,000 | 4 | 3 | 3,100 | DETACHD | ||
| 550 MIDDLECREST RD | $584,900 | 3 | 2.5 | 2,240 | DETACHD | ||
| 13566 STREAMSIDE DR | 598000 | 3 | 2.5 | 3,123 | DETACHD | ||
| 5657 VICTORIA CT | 689900 | 4 | 3 | 3,421 | DETACHD | ||
| 1641 ENGLEWOOD DR | 695000 | 4 | 2.5 | 4,204 | DETACHD |
SOLD (September 6-12, 2010)
| Address | List Price | Closed Price | Bedrooms | Prop Type | Baths | Sq Feet | CDOM | |||
| 745 BERWICK CT | $549,000 | $520,000 | 3 | DETACHD | 2 | 1988 | 143 | |||
| 2125 RIDGE POINTE DR | $879,000 | $790,000 | 4 | DETACHD | 3.5 | 3489 | 171 | |||
| 13764 KNAUS RD | $1,375,000 | $1,200,000 | 4 | DETACHD | 4.5 | 4805 | 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
Market Activity Aug 30-Sept 5, 2010
Market activity last week brought us 16 new listings, 12 pending sales, and 13 closed sales.
See below for further details.
NEWLY LISTED (August 30-Sept 5, 2010)
| Address | List Price | Bedrooms | Baths | Prop Type | |||
| 49 OSWEGO SMT | $85,000 | 1 | 1 | CONDO | |||
| 3924 CARMAN DR | $199,000 | 2 | 2.5 | ATTACHD | |||
| 23 GREENRIDGE CT | $235,000 | 2 | 1.5 | ATTACHD | |||
| 5713 SW KENNY ST | $284,900 | 3 | 2 | DETACHD | |||
| 4347 SILVER CT | $312,000 | 3 | 2.5 | CONDO | |||
| 9 ORIOLE LN | $335,000 | 3 | 3 | DETACHD | |||
| 132 MIDDLECREST RD | $364,900 | 3 | 1 | DETACHD | |||
| 12139 SW ORCHARD HILL WAY | $399,000 | 4 | 2.5 | DETACHD | |||
| 200 BURNHAM RD | 429000 | 3 | 2 | CONDO | |||
| 1900 GREENTREE RD | 449000 | 4 | 3 | DETACHD | |||
| 2634 ORCHARD HILL PL | 449500 | 3 | 2.5 | DETACHD | |||
| 1033 YATES | 549900 | 4 | 3.5 | DETACHD | |||
| 17590 BLUE HERON DR | 850000 | 4 | 3 | DETACHD | |||
| 100 GARIBALDI ST | 999500 | 5 | 3.5+.5 | DETACHD | |||
| 4464 LAKEVIEW BLVD | 1399000 | 3 | 4 | DETACHD | |||
| 1300 FAIRWAY RD | 4490000 | 4 | 3.5 | DETACHD |
PENDING SALES (Aug 30-Sept 5, 2010)
| Address | List Price | Bedrooms | Baths | Prop Type | |||
| 512 S STATE ST | $99,900 | 1 | 1 | CONDO | |||
| 45 EAGLE CREST DR | $119,900 | 1 | 1 | CONDO | |||
| 41 GREENRIDGE CT | $175,000 | 3 | 2.5 | ATTACHD | |||
| 74 GREENRIDGE CT | $259,900 | 3 | 2.5 | ATTACHD | |||
| 541 2ND ST | $499,000 | 2 | 2 | CONDO | |||
| 15 SCARBOROUGH DR | $499,000 | 5 | 3.5 | DETACHD | |||
| 577 2ND ST | $535,000 | 2 | 2 | CONDO | |||
| 339 6TH ST | $549,900 | 3 | 3.5 | ATTACHD | |||
| 1050 Schukart LN | 599000 | 3 | 3.5 | DETACHD | |||
| 3030 WESTVIEW CT | 795000 | 4 | 2.5 | DETACHD | |||
| 490 COUNTRY CLUB RD | 869900 | 5 | 4 | DETACHD | |||
| 16772 ALDER CIR | 1995000 | 4 | 3.5 | DETACHD |
SOLD (August 30-Sept 5, 2010)
| Address | Orig./Price | Close/Price | Bedrooms | Prop Type | Baths | CDOM | |||
| 5857 CARMAN DR | $190,000 | $162,000 | 2 | DETACHD | 1 | 92 | |||
| 668 MCVEY AVE | $329,998 | $252,000 | 3 | CONDO | 1.5 | 647 | |||
| 116 TOUCHSTONE TER | $299,000 | $270,000 | 3 | CONDO | 2.5 | 327 | |||
| 1851 KILKENNY DR | $450,000 | $305,000 | 4 | DETACHD | 3 | 2 | |||
| 75 CONDOLEA WAY | $389,000 | $369,000 | 3 | CONDO | 3 | 133 | |||
| 1480 Hemlock ST | $388,800 | $369,000 | 4 | DETACHD | 3 | 92 | |||
| 16 PARTRIDGE LN | $419,000 | $385,000 | 3 | DETACHD | 2.5 | 104 | |||
| 13909 MAJESTIC CT | $399,900 | $415,000 | 4 | DETACHD | 3 | 126 | |||
| 26 INDEPENDENCE AVE | $574,000 | 495,000 | 4 | DETACHD | 3 | 117 | |||
| 5722 CHARLES CIR | $599,900 | 560,000 | 4 | DETACHD | 2.5 | 69 | |||
| 17446 BRYANT RD | $795,000 | 730,000 | 4 | DETACHD | 4 | 1515 | |||
| 13777 Cameo CT | $1,950,000 | 1,400,000 | 5 | DETACHD | 4.5 | 411 | |||
| 95 IRON MOUNTAIN BLVD | $1,550,000 | 1,400,000 | 4 | DETACHD | 5.5 | 631 |
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 23-29, 2010
We had 15 New properties enter the market in Lake Oswego this last week, 5 go to Pending status, and 7 Closed/Sold.
Here’ your weekly update (see below the tables for additional notes):
NEWLY LISTED (August 23-29, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 79 GALEN ST | $69,900 | 2 | 2 | 995 | CONDO |
| 5180 W SUNSET DR | $289,000 | 1 | 1 | 736 | DETACHD |
| 2240 SOUTHSHORE BLVD | $309,000 | 3 | 1 | 1120 | DETACHD |
| 19189 INDIAN SPRINGS RD | $347,000 | 4 | 3 | 2156 | DETACHD |
| 580 2ND ST | $395,000 | 2 | 1.2 | 1464 | CONDO |
| 5644 WINDFIELD LOOP | $399,000 | 3 | 3 | 1800 | DETACHD |
| 2355 GREENTREE RD | $449,900 | 3 | 2 | 1992 | DETACHD |
| 4978 MULHOLLAND DR | $459,000 | 3 | 2.1 | 2498 | ATTACHD |
| 17787 BLUE HERON DR | $469,950 | 4 | 3 | 2448 | DETACHD |
| 310 DURHAM ST | $475,000 | 3 | 2.1 | 1940 | ATTACHD |
| 1119 OAK ST | $524,900 | 4 | 2.1 | 2123 | DETACHD |
| 877 CORNELL ST | $739,000 | 3 | 3 | 3100 | DETACHD |
| 5320 SOUTHWOOD DR | $795,000 | 4 | 3 | 3646 | DETACHD |
| 844 5TH ST | $829,000 | 3 | 3 | 2590 | DETACHD |
| 17010 Chapin WAY | $1,115,000 | 4 | 3.1 | 4032 | DETACHD |
PENDING SALES (Aug 23-29, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 1684 BOCA RATAN DR | $248,900 | 3 | 2 | 1611 | ATTACHD | 531 |
| 18929 INDIAN SPRINGS RD | $324,900 | 5 | 3 | 3380 | DETACHD | 7 |
| 1480 Hemlock ST | $388,800 | 4 | 3 | 2246 | DETACHD | 92 |
| 26 INDEPENDENCE AVE | $515,000 | 4 | 3 | 3694 | DETACHD | 117 |
| 13595 KNAUS RD | $599,000 | 4 | 2.1 | 3339 | DETACHD | 15 |
SOLD (August23-29, 2010)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 1728 ASPEN CT | $279,900 | $250,000 | 3 | 2.1 | 1852 | DETACHD | 385 |
| 139 TOUCHSTONE CT | $279,900 | $270,000 | 2 | 2.1 | 1846 | ATTACHD | 33 |
| 4490 LAKEVIEW BLVD | $299,900 | $290,000 | 3 | 2 | 1727 | DETACHD | 90 |
| 3068 DUNCAN DR | $424,000 | $369,750 | 4 | 4 | 3281 | DETACHD | 272 |
| 12748 SW 22ND AVE | $699,000 | $435,000 | 4 | 2.1 | 2584 | DETACHD | 373 |
| 12819 ALTO PARK RD | $1,097,500 | $927,000 | 4 | 4.1 | 3944 | DETACHD | 115 |
| 1097 CHANDLER RD | $1,439,000 | $1,390,000 | 4 | 4.1 | 5313 | DETACHD | 42 |
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
A Market Snapshot
This morning’s Oregonian had a cover story on the decline of the housing market (such a nice story to wake up to). I thought it might be helpful if I localized the information and provided you with some stats.
Is our glass half empty? Or is our glass half full? Today I am comparing the inventory of various price ranges including what is currently for sale, what has sold in the last 6 months, and, in the case of detached homes, how that compares to the same time period a year ago:
| Detached Houses | ||||||||
| Price Range | For Sale Now | Sold in last 6 months | Months of Inventory | Sold in same 6 months of 2009 | ||||
| $100,000-$200,000 | 4 | 4 | 6 | 2 | ||||
| $201,000-$300,000 | 36 | 42 | 5 | 21 | ||||
| $301,000-$400,000 | 83 | 68 | 7 | 49 | ||||
| $401,000-$500,000 | 76 | 47 | 9 | 30 | ||||
| $501,000-$600,000 | 82 | 47 | 10 | 24 | ||||
| $601,000-$700,000 | 52 | 26 | 12 | 14 | ||||
| $701,000-$800,000 | 57 | 16 | 22 | 17 | ||||
| $801,000-$900,000 | 34 | 11 | 19 | 8 | ||||
| $901,000-$1,000,000 | 19 | 8 | 15 | 9 | ||||
| $1,001,000-$1,500,000 | 54 | 11 | 30 | 17 | ||||
| $1,501,000-$2,000,000 | 25 | 0 | Indefinite | 4 | ||||
| $2,001,000-$2,500,000 | 7 | 1 | 44 | 2 | ||||
| $2,501,000-$3,000,000 | 4 | 1 | 25 | 1 | ||||
| $3,001,000-$15,000,000 | 11 | 1 | 68 | 0 | ||||
| Condos | ||||||||
| $50,000-$100,000 | 20 | 11 | 2 | |||||
| $101,000-$200,000 | 63 | 39 | 9 | |||||
| $201,000-$300,000 | 33 | 21 | 9 | |||||
| $301,000-$400,000 | 10 | 7 | 6 | |||||
| $401,000-$500,000 | 16 | 5 | 19 | |||||
| $501,000-$600,000 | 9 | 1 | 56 | |||||
| $601,000-$700,000 | 7 | 4 | 11 | |||||
| $701,000-$800,000 | 0 | 0 | – | |||||
| $801,000-$900,000 | 3 | 0 | Indefinite | |||||
| $901,000-$1,000,000 | 2 | 0 | Indefinite | |||||
| $1,001,000-$2,000,000 | 1 | 0 | Indefinite | |||||
| $2,001,000-$3,000,000 | 1 | 0 | Indefinite |
Observations on new construction:
As of today there are 42 listings for new homes that are listed in price from $449,900 to $3,700,000. In the last six months 11 new homes have been sold, the most expensive of which was for $965,000. There are currently 10 new homes listed for sale that are priced over $1,000,000. That is a huge reduction from 3 years ago when I recall counting them and finding over 100 homes that were new construction for sale priced at over $1,000,000. The builders are learning to work with this economy and are building their spec homes in much more affordable price ranges. There are a couple of new subdivisions in LO right now with home prices in the high 400’s and low 500’s.
My Observations
I think the most interesting bit of information I see in this is that the sales have actually increased substantially, although at lower prices. In the February to August time frame 199 houses sold in 2009 versus 283 that sold in 2010. That is a nearly 50% increase. Yes, some credit can be given to the tax credit that expired in June, but I think that there is another factor at play. As prices have come down, buyers who assumed that they previously could not afford Lake Oswego are now finding opportunities in homes that they can afford. The decline in prices is perhaps a boon to the LO housing market in general.
Another observation is that the condo market is really soft as the price goes up. Condos appeal to people seeking an ease of living with Home Owner’s Associations taking care of the yards and exterior maintenance, but another part of the condo market is people who buy into condos because they have been priced out of detached homes that they can afford. As detached home prices have come down, this has given buyers the opportunity to purchase a single family residence as opposed to a condo in the same price range. I see the condos that are currently for sale in the $700,000+ pricing and wonder just how many years it will be before they get an offer.
Highest and Lowest
The least expensive detached home currently for sale in LO is 912 square feet, built in 1963, with 3 bedrooms and 1 bath. It’s priced at $180,000. The most expensive home is still the 5 acre, private island in Oswego Lake. With 13,500 square feet, 4 bedrooms, 6 full and 2 half baths, it was built in 1930 and is priced at $15,000,000.
I hope this information is helpful to you. Please let me know if you have any observations of your own.
Enjoy the day!
Dianne
Photo courtesy of bing.com
Market Activity ~ Aug. 16-22, 2010
We’ve got 21 New properties on the market in Lake Oswego as of this last week, 14 that have gone to Pending status, and 8 that have Closed/Sold. I left a couple of properties as “New” even though they had not been off the market for at least 30 days (which is my usual rule for that) because they had both new representation AND significant price reductions… The rest are truly fresh listings.
Healthy activity. You’ll note in the “Sold” section below, that most of these were not on the market for that long, relatively speaking. Summertime season. It’s also always interesting to note the Opening price as compared to the Closed Price. One sold for $30,000 more than it was listed for… not sure what was up there. But most prices took a drop; some pretty significantly.
Here’ your weekly update (see below the tables for additional notes):
NEWLY LISTED (August 16-22, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 58 GALEN ST | $80,000 | 1 | 1 | 689 | CONDO |
| 100 KERR PKWY #34 | $155,000 | 2 | 2 | 823 | ATTACHD |
| 4 TOUCHSTONE #120 | $178,900 | 3 | 2.1 | 1350 | CONDO |
| 3854 BOTTICELLI ST | $200,000 | 2 | 1.1 | 1132 | CONDO |
| 5055 FOOTHILLS DR | $250,000 | 2 | 2 | 1252 | CONDO |
| 4948 MEADOWS RD | $259,900 | 3 | 2 | 2491 | DETACHD |
| 464 5TH ST | $290,000 | 2 | 1.1 | 1092 | ATTACHD |
| 6062 BURMA RD | $314,900 | 4 | 2 | 1875 | DETACHD |
| 13990 SHIREVA CT | $325,000 | 3 | 2 | 1651 | DETACHD |
| 12623 SW BOONES FERRY RD | $349,950 | 2 | 2 | 1652 | DETACHD |
| 14101 GOODALL RD | $350,000 | 4 | 2 | 1816 | DETACHD |
| 19026 SW INDIAN SPRINGS RD | $359,900 | 5 | 3 | 2841 | DETACHD |
| 5717 BONITA RD | $400,000 | 4 | 2 | 2572 | DETACHD |
| 2697 LOOKOUT CT | $429,000 | 3 | 2 | 2219 | DETACHD |
| 6051 SUMMER WOODS | $495,000 | 4 | 2.1 | 2642 | DETACHD |
| 17973 SAINT CLAIR DR | $577,000 | 4 | 3 | 3323 | DETACHD |
| 13566 STREAMSIDE DR | $598,000 | 3 | 2.1 | 3123 | DETACHD |
| 4055 ORCHARD DR | $649,999 | 5 | 0.4 | 3350 | DETACHD |
| 5157 DENTON DR | $719,900 | 4 | 2.1 | 3087 | DETACHD |
| 5231 DENTON DR | $739,900 | 4 | 2.1 | 3031 | DETACHD |
| 330 NORTHSHORE RD | $799,000 | 4 | 3 | 3324 | DETACHD |
PENDING SALES (Aug 16-22, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 44 EAGLE CREST DR | $89,900 | 2 | 1 | 908 | CONDO | 408 |
| 54 CERVANTES CIR | $139,000 | 2 | 1.1 | 912 | CONDO | 83 |
| 200 BURNHAM RD #206 | $139,000 | 2 | 1 | 1199 | CONDO | 1521 |
| 5857 CARMAN DR | $180,000 | 2 | 1 | 972 | DETACHD | 92 |
| 16000 PACIFIC HWY #25 | $189,000 | 2 | 2 | 1200 | CONDO | 308 |
| 6011 SHAKESPEARE ST | $195,000 | 3 | 1 | 1318 | DETACHD | 1 |
| 5060 FOOTHILLS DR C | $229,950 | 3 | 2 | 1252 | CONDO | 32 |
| 1818 COUNTRY CLUB RD | $235,000 | 4 | 2 | 1596 | DETACHD | 131 |
| 668 MCVEY AVE #20 | $239,998 | 3 | 1.1 | 992 | CONDO | 647 |
| 1073 HALLINAN ST | $349,000 | 3 | 2.1 | 1828 | DETACHD | 64 |
| 4243 ALBERT CIR | $354,000 | 4 | 3 | 2257 | DETACHD | 11 |
| 19 FALSTAFF ST | $425,000 | 4 | 2.1 | 3207 | DETACHD | 169 |
| 3210 FIR RIDGE RD | $525,000 | 4 | 3.2 | 2832 | DETACHD | 125 |
| 17700 UPPER CHERRY LN | $2,495,000 | 5 | 5.1 | 6907 | DETACHD | 10 |
SOLD (August16-22, 2010)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 26 CONDOLEA DR | $229,900 | $185,000 | 2 | 2 | 1420 | CONDO | 131 |
| 580 8TH ST | $255,000 | $285,000 | 2 | 1 | 852 | DETACHD | 12 |
| 4524 AUBURN LN | $535,000 | $480,000 | 3 | 3.1 | 2732 | ATTACHD | 169 |
| 16884 SUMMER PL | $524,900 | $520,000 | 4 | 2.1 | 2911 | DETACHD | 22 |
| 18282 ANDUIN TER | $625,000 | $554,000 | 4 | 2.1 | 3765 | DETACHD | 1 |
| 5783 VICTORIA CT | $599,900 | $572,000 | 3 | 2 | 2500 | DETACHD | 21 |
| 5529 WESTFIELD CT | $629,000 | $629,000 | 3 | 2.1 | 2968 | DETACHD | 4 |
| 1973 CHERYL CT | $1,695,000 | $1,450,000 | 5 | 4.1 | 6436 | DETACHD | 53 |
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 August 9-15, 2010
Along with a heat wave, Lake Oswego had 13 new listings, 11 pending sales, and 10 closed sales in the last week.
Here is your weekly update (see below the tables for additional notes):
NEWLY LISTED (August 9-15, 2010)
| Address | List Price | BR | Baths | SQ Feet | Prop Type | ||
| 16257 LAKE FOREST BLVD | $249,900 | 3 | 1 | 1,132 | DETACHD | ||
| 11 CONDOLEA DR | $415,000 | 2 | 2.5 | 2,157 | CONDO | ||
| 273 EVERGREEN RD | $499,000 | 3 | 3.5 | 1,789 | ATTACHD | ||
| 17560 WESTVIEW DR | $539,000 | 3 | 2.5 | 2,561 | DETACHD | ||
| 1625 BEDFORD CT | $549,900 | 2 | 2.5 | 2,460 | DETACHD | ||
| 29 SPINOSA | $579,900 | 3 | 2.5+.5 | 3,187 | DETACHD | ||
| 1278 HIDE A WAY LN | $599,000 | 4 | 2.5 | 2,700 | DETACHD | ||
| 1277 HIDE A WAY LN | $599,900 | 5 | 3 | 3,120 | DETACHD | ||
| 4685 UPPER DR | 600000 | 3 | 2 | 3,341 | DETACHD | ||
| 5321 AMBERWOOD CT | 729000 | 4 | 3 | 3,315 | DETACHD | ||
| 610 CABANA LN | 895000 | 3 | 2 | 1,729 | DETACHD | ||
| 4018 COHO LN | 1099000 | 4 | 4.5 | 4,777 | DETACHD | ||
| 1954 EGAN WAY | 1295000 | 3 | 2.5 | 3,748 | DETACHD |
PENDING SALES (Aug 9-15, 2010)
| Address | List Price | BR | Baths | Sq Feet | Prop Type | CDOM | ||
| 322 CERVANTES CIR | $69,900 | 2 | 1 | 832 | CONDO | 82 | ||
| 16790 LAKE FOREST BLVD | $155,000 | 2 | 1 | 780 | DETACHD | 32 | ||
| 1728 ASPEN CT | $259,900 | 3 | 2.5 | 1,852 | DETACHD | 385 | ||
| 4201 COLLINS WAY | $279,000 | 3 | 2 | 1,230 | DETACHD | 40 | ||
| 5207 COVENTRY CT | $439,000 | 3 | 2 | 1,973 | DETACHD | 12 | ||
| 19451 SW DOGWOOD CT | $539,900 | 6 | 3 | 3,547 | DETACHD | 93 | ||
| 1704 GLENMORRIE TER | $583,000 | 5 | 3 | 3,885 | DETACHD | 124 | ||
| 13768 KNAUS RD | $619,000 | 4 | 2 | 2,418 | DETACHD | 27 | ||
| 17467 WESTVIEW DR | 727900 | 4 | 3.5 | 3,774 | DETACHD | 4 | ||
| 3540 RED CEDAR WAY | 799000 | 5 | 3.5 | 4,100 | DETACHD | 177 | ||
| 606 6TH ST | 839000 | 4 | 3 | 2,988 | DETACHD | 131 |
SOLD (August 9-15, 2010)
| Address | O/Price | Sold Price | BR | Sq Feet | Prop Type | CDOM | ||
| 1255 BAYBERRY RD | $390,000 | $260,000 | 3 | 1,901 | DETACHD | 335 | ||
| 1641 ASH ST | $419,950 | $279,500 | 4 | 2,825 | DETACHD | 177 | ||
| 5434 YORKSHIRE PL | $369,900 | $385,000 | 3 | 2,335 | DETACHD | 5 | ||
| 4284 WESTBAY RD | $525,000 | $490,000 | 3 | 1,539 | DETACHD | 12 | ||
| 220 GREENWOOD RD | $599,900 | $565,000 | 4 | 2,639 | DETACHD | 573 | ||
| 18010 GIMLEY CT | $649,000 | $575,000 | 4 | 3,652 | DETACHD | 116 | ||
| 14002 TAYLORS CREST LN | $650,000 | $599,000 | 4 | 3,086 | DETACHD | 132 | ||
| 898 CORNELL ST | $759,000 | $702,000 | 3 | 3,000 | DETACHD | 390 | ||
| 1703 VILLAGE PARK LN | $789,000 | $745,000 | 3 | 3,450 | DETACHD | 156 | ||
| 18820 GREENBLUFF DR | $1,495,000 | $1,193,950 | 4 | 5,382 | DETACHD | 99 |
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