Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

Posted on

Lake Oswego Real Estate Activity Report – December 22-28, 2008

Lake Oswego saw two properties enter the market last week.  Feet of snow and ice may stop delivery companies and impair mall traffic the week of Christmas, but the real estate market moves forward! (albeit slightly)

One property went “Pending”, and we have no sales for the week.

Here is the latest Lake Oswego real estate market activity report (see below the tables for additional notes):

NEWLY LISTED (DECEMBER 22-28, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
12826 Boones Ferry RD 299900     2           2.1           1398       CONDO   12/23/2008
570 7TH ST                  739000    4           2.5           2528       DETACHD 12/23/2008

PENDING SALES (DECEMBER 22-28, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
1428 PINE ST 449000            3            3.1                 2738            DETACHD     782

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

Posted on

Market Activity Report for December 15-21, 2008

It’s Christmas, there is a foot of snow on the ground, and, yes, the market is slow. It is very typical that during the two weeks that kids are out of school and families are gathering, that the market creeps along. I believe the market will pick up when the holidays are over. In the mean time, here is your market activity report for December 15th to December 21st.

NEWLY LISTED (December 15 —December 21, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price # Bedrm. # Baths Total SF Prop Type List Date
4 TOUCHSTONE $184,900 3 2.1 1,350 CONDO 12/18/2008
3190 DUNCAN DR $304,900 3 2.1 2,401 DETACHD 12/16/2008
17100 BRYANT RD $425,000 3 3 2,032 DETACHD 12/17/2008
4280 CHAPMAN WAY $469,000 3 2 1,947 DETACHD 12/15/2008
815 10TH ST $539,900 3 2 2,190 DETACHD 12/19/2008
4004 MELISSA DR $598,950 3 2.1 2,840 DETACHD 12/17/2008
12424 SW 22ND AVE $999,900 5 4.1 4,771 DETACHD 12/15/2008

PENDING SALES (December 15 —December 21, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address List Price # Bedrm #l Baths Total SF Prop Type List Date CDOM
4000 CARMAN DR $144,000 1 1 767 CONDO 10/30/2008 226
5142 ROSEWOOD ST $339,900 4 2.1 1,784 DETACHD 9/22/2008 232
1971 PARK FOREST AVE $549,000 4 2 2,180 DETACHD 12/8/2008 13
13915 SUNDELEAF DR $998,000 4 3.1 4,090 DETACHD 10/1/2008 797

SOLD (December 15—December 21, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address O/Price # Bedrm Total Baths Total SF Prop Type Close Price CDOM
4 TOUCHSTONE $124,900 2 2 984 CONDO $93,000 60
44 EAGLE CREST DR $154,900 3 2 1,085 CONDO $145,000 31
801 NORTHSHORE RD $879,900 4 3 2,144 DETACHD $925,000 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.

Posted on

Lake Oswego Real Estate Activity – December 8-14, 2008

It appears that even in the depth of winter, real estate is alive in Lake Oswego.

There were a total of 18 “new” listings showing in RMLS, however, I am including only the 12 that are either brand new, or have been off the market for at least 4 – 6 weeks.

There are several great homes in this line-up.  I especially enjoyed walking through the “Rummer” on Park Forest Ave… really cute!

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (December 8 – 14, 2008)

ADDRESS
LIST
PRICE
TOT.
BEDS
TOT.
BATHS
TOT.
SQ FT
 PROP

TYPE
LIST
DATE
5094 GALEN ST         $299,999       3             2              1438      DETACHD    12/14
95 KINGSGATE RD     $325,000       3             2.1           1669      DETACHD    12/14
16149 PEARCY ST     $355,000       3             2              1250      DETACHD    12/9
10 PREAKNESS CT      $399,950      4             2.1            2270      ATTACHD   12/11
1971 PK FOREST AVE $549,000       4            2               2180      DETACHD   12/8
181 3RD ST              $739,000      2             2               1523      CONDO      12/9
1607 PINE ST            $759,000      4             2.1            2943      DETACHD   12/11
220 GREENWOOD RD $849,000       3             4              2639      DETACHD   12/12
17884 SW KELOK RD $959,000       4             3.1            4126     DETACHD    12/8
17896 SW KELOK RD $995,000       4             5               3623     DETACHD    12/8
45 NANSEN SMT      $1,500,000      4              4.1            5773     DETACHD    12/10
1020 SKYLAND DR  $2,850,000      5              4.2            6653     DETACHD    12/8

PENDING SALES (December  8 – 14, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
1120 HALLINAN CIR      $339,000        3           2             1600         DETACHD    153
5254 TIMBERGROVE ST $374,500        4           2             1854         DETACHD      87
2958 DELLWOOD DR     $549,900        4           3             3272         DETACHD    165
5960 CLAIRMONT CT     $724,900       4           2.1           3000        DETACHD    129
14527 PFEIFER WAY      $749,000       4           3.1            3788        DETACHD    120
1600 Country Commons LN $1,950,000 4         3.1            5389        DETACHD    224

SOLD (December 8 – 14, 2008)

ADDRESS ORIG.

PRICE

 SALE

PRICE
TOT.
BEDS
TOT.
BATHS
TOT.
SQ FT
 PROP

TYPE
DOM
668 McVey AVE $199,500 $108,000      0             1       485          CONDO     740
5453 Willow Ct $495,000 $426,500      3             2.1   2400         ATTCHD    146
600 MAPLE ST  $529,000 $470,000      4             2.1   2422        DETACHD   126
435 8TH ST     $749,900 $649,900      4             3.1   2505        DETACHD   565

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

Posted on

Lake Oswego Real Estate Activity – November 24-30, 2008

Market activity typically slows down during the holidays and last weeks stats certainly reflect this.  Having said this, it is good to see that the market does have some activity.  7 new listings, 4 pendings and 4 closed sales happened last week.  While the market is slower, it is still very much happening.

NEWLY LISTED (November 24 —November 30, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
3433 MCNARY PKWY
$214,900
2
2
1,008
 CONDO
11/27/08
3834 BOTTICELLI ST
$224,900
2
2
1,055
 ATTACHD
11/24/08
600 TIPPECANOE CT
$439,800
3
2
1,812
 DETACHD
11/24/08
1189 SUNNINGDALE CT
$724,000
3
2
2,056
 DETACHD
11/26/08
51 HILLSHIRE DR
$849,900
3
2.2
4,306
 DETACHD
11/25/08
1667 VILLAGE PARK LN
$899,900
6
3.1
4,743
 DETACHD
11/24/08
1055 COUNTRY CLUB RD
$1,000,000
3
2
2,804
 DETACHD
11/24/08

PENDING SALES (November 24 —November 30, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
668 McVey AVE
$144,850
0
1
485
 CONDO
740
455 10TH ST
$473,950
2
2
2,284
 DETACHD
180
17561 SHEPHERDS CT
$675,000
4
2.1
3,011
 DETACHD
287
13010 KNAUS RD
$1,249,500
4
3.1
4,312
 DETACHD
737

SOLD (November 17—November 23, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
4644 LOWER DR
$136,900
$129,000
2
1.1
1,170
 CONDO
30
4000 CARMAN DR
$149,900
$135,000
2
2
869
 CONDO
22
2435 PARK RD
$749,990
$480,000
4
3
2,940
 DETACHD
302
16 NORTHVIEW CT
$599,900
$495,000
4
3.1
2,962
 ATTACHD
419

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.

Posted on

Lake Oswego Real Estate Market Activity – November 17-23, 2008

Real estate activity is chugging right along in Lake Oswego this month.

New properties hitting the market during this last week total 31. 24 are detached, single family residences.  Of those 24, the ones listing for under $500,000. total 9.

Sold properties this last week total 9.  6 are detached, single family residences.  Of those 6, the ones selling for under $500,000. total 4.

We have 3 properties pending sale, and will just have to hold our horses to see how those “sold” prices come in.

Check it out:

NEWLY LISTED (November 17 —November 23, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
44 EAGLE CREST DR
$134,900
1
1
798
 CONDO
11/17
47 EAGLE CREST DR
$149,900
2
1
932
 CONDO
11/18
15938 QUARRY RD
$167,400
2
1
991
 CONDO
11/20
16790 LAKE FOREST BLVD
$199,900
2
1
780
 DETACHD
11/16
3876 BOTTICELLI ST
$199,900
2
2
1,286
 CONDO
11/18
12846 SW BOONES FERRY RD
$249,000
2
2.1
1,136
 CONDO
11/16
5063 FOOTHILLS DR
$259,000
2
2
1,031
 CONDO
11/16
5235 OAKRIDGE RD
$324,900
3
2.1
1,576
 DETACHD
11/17
5354 LOWER DR
$339,000
3
1
1,565
 DETACHD
11/18
18530 PILKINGTON RD
$339,000
4
2
1,925
 DETACHD
11/17
4051 VIRGINIA WAY
$389,500
3
2.1
1,658
 DETACHD
11/18
6109 SUMMER WOODS
$449,000
4
2.1
2,331
 DETACHD
11/18
1307 CEDAR ST
$459,900
4
3
2,054
 DETACHD
11/18
785 5TH ST
$480,000
3
2
2,208
 DETACHD
11/17
805 COUNTRY CLUB RD
$489,900
5
2
2,722
 DETACHD
11/16
1921 PARK FOREST CT
$529,000
3
2.1
2,531
 DETACHD
11/20
4676 WINTHROP CT
$599,900
4
2.1
3,112
 DETACHD
11/17
17784 TREETOP LN
$599,900
4
3
3,468
 DETACHD
11/17
4691 SW HERITAGE LN
$639,900
4
2.1
2,888
 DETACHD
11/20
18212 INDIAN CREEK DR
$649,000
4
2.1
2,313
 DETACHD
11/18
30 WILBUR ST
$679,000
2
2.1
2,664
 ATTACHD
11/17
19285 SW Megly CT
$699,900
4
2.1
2,587
 DETACHD
11/17
14204 KIMBERLY CIR
$700,000
3
3.1
2,900
 DETACHD
11/21
19263 SW Megly CT
$749,900
4
2.1
2,743
 DETACHD
11/17
2545 DELLWOOD DR
$779,000
5
3.1
3,843
 DETACHD
11/17
19245 SW Megly CT
$789,900
4
2.1
2,884
 DETACHD
11/17
19266 SW Megly CT
$789,900
4
2.1
3,025
 DETACHD
11/16
5435 WASHINGTON CT
$849,900
4
3.1
3,323
 DETACHD
11/18
1250 Andrews RD
$849,900
4
2.1
3,137
 DETACHD
11/20
17649 WOODHURST PL
$899,000
5
4.1
5,793
 DETACHD
11/16
3136 DOUGLAS CIR
$1,289,000
4
3.1
4,022
 DETACHD
11/20

PENDING SALES (November 17 —November 23, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
68 WHEATHERSTONE CT
$325,000
4
3.1
2,465
 CONDO
299
17079 CHERRY CREST AVE
$469,000
3
2.1
3,002
 DETACHD
17
2057 SUMMIT DR
$998,000
4
3.1
4,396
 DETACHD
522

SOLD (November 9 —November 16, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
3680 SPRING LN
$199,900
$187,000
2
2.1
1,152
 CONDO
220
595 6TH ST
$314,800
$257,050
3
1
1,520
 DETACHD
40
22 CONDOLEA DR
$339,900
$275,000
2
2
1,454
 CONDO
36
2870 PARK RD
$379,900
$396,000
4
2.1
2,380
 DETACHD
4
20 El Greco
$549,000
$420,000
4
3
2,425
 DETACHD
354
13340 AUBURN CT
$589,000
$485,000
3
2.1
2,451
 ATTACHD
222
1012 ANDREWS RD
$590,800
$495,000
3
2
2,246
 DETACHD
133
17760 LAKE HAVEN DR
$1,169,000
$800,000
4
2.1
2,051
 DETACHD
224
4256 LAKEVIEW BLVD
$1,295,000
$950,000
3
3.1
3,117
 DETACHD
436

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.

Posted on

Market Action Report for November 20th

Data represents activity from November 10th to November 20th.

DOM (days on market) represents cumulative days and may represent more than one listing period.

Of particular note, to me, was finding the closed sale at 2870 Park Rd. This was a 1973 built home that was described as a cosmetic fixer. With 2380 square feet, it’s a nice size home and in a very nice neighborhood, Palisades. What is remarkable is that it sold in just 4 days and for $17,000 more than the asking price. It shows that when a property is priced right it will sell quickly, and perhaps for more than the list price. Our market still has a pulse.

New Listings

Address Type bed/bath Sq. Feet List Price

44 Eagle Crest Condo 1b/1b 798 $134,900
91 Galen St Condo 1b/1b 680 $135,000
47 Eagle Crest #12 Condo 2b/1b 932 $149,900
16790 Lake Forrest Detached 2b/1b 780 $199,900
12846 Boones Ferry Rd Condo 2b/2.1b 1136 $249,000
5063 Foothills Dr Condo 2b/2b 1031 $259,000
3433 McNary Parkway Condo 2b/2.1b 1156 $275,000
3797 Lanewood Detached 3b/1b 2560 $309,000
5235 Oakridge Detached 3b/2.1b 1576 $324,900
5354 Lower Dr Detached 3b/1b 1565 $339,000
4761 LaMont Detached 3b/2b 1816 $379,900
4051 Virginia Way Detached 3b/2.1b 1658 $389,500
7050 Childs Rd Detached 2b/2b 1693 $398,000
5051 Tualata Ln Detached 4b/2b 1591 $409,900
18978 Indian Spring Cir Detached 3b/2b 1900 $414,900
1265 Rockinghorse Ln Detached 4b/3b 2402 $444,000
6109 Summer Woods Detached 4b/2.1b 2331 $449,000
1307 Cedar St Detached 4b/3b 2054 $459,900
111 3rd St Condo 2b/2b 1206 $474,900
8 Hotspur Detached 3b/2.1b 1966 $475,000
785 5th St Detached 3b/2b 2208 $480,000
805 Country Club Rd Detached 5b/2b 2722 $489,900
1009 Cumberland Pl Detached 4b/3b 2294 $525,000
19664 River Run Detached 2b/2.1b 3051 $559,900
17784 Treetop Detached 4b/3b 3468 $599,900
4676 Winthrop Ct Detached 4b/2.1b 3112 $639,900
18212 indian Creek Dr Detached 4b/2.1b 2313 $649,000
17141 Wall St. Detached 4b/3b 3540 $699,500
615 Lake Bay Ct Detached 3b/3b 2542 $699,900
19285 Megly Ct Detached 4b/2.1b 2587 $699,900
19263 Megly Ct Detached 4b/2.1b 2743 $749,900
2545 Dellwood Detached 5b/3.1b 3843 $809,900
19266 Megly Ct Detached 4b/2.1b 3025 $789,900
19245 Megly Ct Detached 4b/2.1b 2884 $789,900
4349 Lakeview Blvd Detached 3b/3b 3678 $849,000
5435 Washington Ct Detached 4b/3.1b 3323 $849,900
772 8th St Detached 4b/2.1b 3161 $899,000
17649 Woodhurst Pl Detached 5b/4.1b 5793 $899,000
3030 Westview Ct Detached 4b/2.1b 3415 $959,000
18094 Pilkington Detached 4b/3/1b 3509 $999,000
17600 Upper Cherry Detached 4b/3.1b 3867 $1,299,000
18990 Barton Rd Detached 4b/3.2b 4592 $1,369,000
2809 Arrowhead Ct Detached 3b/3b 2624 $1,699,000
18735 Bryant Rd Detached 4b/3.1b 5597 $1,750,000
3114 Douglas Circle Detached 4b/4b 5465 $2,195,000
670 Iron Mntn Blvd Detached 4b/3.2b 5208 $2,250,000
333 Northshore Rd Detached 4b/4.1b 4998 $2,650,000
3530 Lakeview Blvd Detached 4b/3.1b 4200 $2,950,000

Pending Sales

Address Type bed/bath Sq. Ft. List Price DOM Original Price

4 Touchstone Condo 2b/2b 984 $115,000 42 $125,000
44 Eaglecrest #11 Condo 3b/2b 1085 $148,700 31 $154,900
5478 Tualata Detached 3b/2b 1200 $279,000 122 $330,000
16651 Lake Forest Detached 3b/1b $1,230 $207,000 59 $350,000
4 Othello Detached 4b/3b 2184 $434,900 9 $434,900
5453 Willow Ct Detached 3b/2.1b 2400 $449,000 146 $495,000
600 Maple St Detached 4b/2.1b 2422 $499,000 126 $529,000
2584 Park Rd Detached 4b/2b 2302 $524,900 229 $679,000
435 8th St. Detached 4b/3.1b 2505 $649,900 565 $929,000
104 3rd St Detached 2b/2b 1151 $1,050,000 15 $1,050,000

Closed Sales

Address Type bed/bath Sq. Ft. Sales Price DOM Original Price

4000 Carman #35 Condo 2b/2b 869 $135,000 22 $149,900
3680 Spring Ln 2B Condo 2b/2.1b 1152 $187,000 220 $219,000
595 6th St Detached 3b/1b 1520 $257,050 40 $314,800
22 Condolea Dr Condo 2b/2b 1454 $275,000 36 $339,900
2870 Park Rd Detached 4b/2.1b 2380 $396,000 4 $379,900
13340 Auburn Ct Attached 3b/2.1b 2451 $485,000 222 $559,900
1012 Andrews Rd Detached 3b/2b 2246 $495,000 133 $590,800
16 Northview Ct Attached 4b/3.1b 2962 $495,000 419 $599,900
3240 Upper Dr Detached 4b/2.1b 3410 $712,500 56 $749,950
114 3rd St Detached 2b/1b 1140 $730,000 19 $750,000
17760 Lake Haven Dr Detached 4b/2.1b 2051 $800,000 224 $1,169,000

Thank you for your patience while we work out a couple of software issues. We hope to have our Market Action Report back in fine form ASAP.

Posted on

Lake Oswego Real Estate Market Activity – November 3-6, 2008

Things cooled off a bit, as expected, from the torrid sales report we saw a week ago.
About 13 homes went under contract or closed escrow last week.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (November 3—November 6, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
58 GALEN ST
$133,000
1
1
689
CONDO
11/5
86 KINGSGATE RD
$146,900
2
2
849
CONDO
11/2
668 MCVEY AVE
$219,998
2
1
852
CONDO
11/3
5059 FOOTHILLS DR
$259,000
2
2
1,031
CONDO
11/4
152 RIDGEWAY RD
$299,900
2
1.1
1,794
CONDO
11/5
3 THE GROTTO
$300,000
3
2
1,688
DETACHD
11/4
5096 SW TREE ST
$334,900
3
1.1
1,410
DETACHD
11/3
5254 TIMBERGROVE ST
$374,500
4
2
1,854
DETACHD
11/4
4 BRITTEN CT
$429,000
3
2.1
1,972
ATTACHD
11/3
4 OTHELLO ST
$434,900
4
3
2,184
DETACHD
11/4
5221 ROSEWOOD ST
$435,000
3
2.1
2,226
DETACHD
11/2
17079 CHERRY CREST AVE
$469,000
3
2.1
3,002
DETACHD
11/2
17095 REBECCA LN
$499,900
3
2.1
2,258
DETACHD
11/5
17071 REBECCA LN
$504,950
4
3
2,256
DETACHD
11/5
17088 REBECCA LN
$554,900
4
2
2,507
DETACHD
11/4
12974 KNAUS RD
$599,000
3
3.1
3,792
DETACHD
11/3
668 MCVEY AVE
$599,998
3
1.1
992
CONDO
11/6
13275 TWIN CREEK CT
$639,000
4
2.1
3,041
DETACHD
11/7
1670 PINE ST
$679,987
4
3.1
3,286
DETACHD
11/4
12611 BOONES FERRY RD
$749,900
5
3.1
4,042
DETACHD
11/5
17175 KELOK RD
$929,000
3
3
2,002
DETACHD
11/3
17370 CANYON DR
$949,000
4
3.1
3,408
DETACHD
11/3
2811 ARROWHEAD CT
$1,650,000
4
3.1
3,740
DETACHD
11/8
13200 THOMA RD
$2,232,500
5
5.2
7,648
DETACHD
11/3

PENDING SALES (November 3—November 6, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
60 GALEN ST
$116,000
1
1
550
CONDO
89
4000 CARMAN DR
$149,900
2
2
869
CONDO
22
245 CERVANTES
$177,650
2
2
1,292
ATTACHD
78
17570 SW MARDEE AVE
$284,950
3
1
1,050
DETACHD
194
1725 FERNWOOD DR
$429,000
4
2.5
1,580
DETACHD
436
4967 SUNTREE LN
$430,000
3
2.1
1,915
DETACHD
107
4378 ALBERT CIR
$824,900
3
3
3,735
DETACHD
263
16545 MAPLE CIR
$949,900
3
2.1
3,100
DETACHD
9

SOLD (October 27—November 2, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
535 2ND ST
$425,600
$425,600
2
2
1,120
CONDO
452
18936 BRYANT RD
$1,082,000
$750,000
4
4
4,100
DETACHD
875
14381 FOSBERG RD
$1,199,000
$1,100,000
4
3.1
4,900
DETACHD
46
581 2ND ST
$1,395,000
$1,325,000
2
2.1
2,147
CONDO
484
17459 WREN CT
$1,369,000
$1,330,000
4
4
4,366
DETACHD
65

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.

Posted on

Lake Oswego Real Estate Market Activity – October 27-November 2, 2008

Whoa&#0133Market activity in Lake Oswego finished October with a flurry of closed sales.

Eighteen home sales grace the report this week, including a number of condo sales in the 555 2nd St. project in First Addition and a bunch in Westlake neighborhood, too.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 27—November 2, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
4000 CARMAN DR
$144,000
1
1
767
CONDO
10/30
4 SW TOUCHSTONE DR
$199,900
3
2.1
1,350
CONDO
10/27
450 S STATE ST
$200,000
2
1
800
CONDO
11/2
668 MCVEY AVE
$269,000
1
1
626
CONDO
10/30
30 CONDOLEA DR
$319,900
2
2
1,420
ATTACHD
10/31
4458 THUNDER VISTA LN
$329,500
3
2.1
2,200
CONDO
10/29
4451 BERNARD ST
$349,950
4
2
1,800
DETACHD
10/29
1640 WORTHINGTON ST
$359,900
4
3
2,342
DETACHD
10/28
56 GREENRIDGE CT
$365,000
3
2.1
1,996
ATTACHD
11/2
18959 KRISTI WAY
$384,900
3
2
1,778
DETACHD
10/30
4760 LOWER DR
$419,500
4
3
3,252
DETACHD
10/27
5415 BAY CREEK DR
$599,950
3
2.1
2,827
DETACHD
10/31
13176 SANDALWOOD CT
$639,900
4
2.1
2,982
DETACHD
10/31
18116 PIONEER CT
$689,900
5
3
3,500
DETACHD
11/1
4043 ORCHARD DR
$699,000
4
2.1
3,339
DETACHD
10/31
4079 COLTSFOOT LN
$719,133
5
4
3,308
DETACHD
10/31
8 GARIBALDI ST
$765,000
4
3
3,850
DETACHD
10/31
14101 REDWOOD CT
$824,900
3
3.2
2,629
DETACHD
10/28
17606 WOODHURST PL
$949,000
5
3.1
4,488
DETACHD
10/28
16545 MAPLE CIR
$949,900
3
2.1
3,100
DETACHD
10/27
18475 CRESTLINE DR
$1,548,500
4
4.1
4,660
DETACHD
10/27
17951 MEADOWLARK LN
$1,549,000
4
3.2
5,065
DETACHD
10/29

PENDING SALES (October 27—November 2, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
595 6TH ST
$314,800
3
1
1,520
DETACHD
40
642 EVERGREEN RD
$354,900
2
1
800
DETACHD
201
4292 GALEWOOD ST
$414,900
3
2.1
1,644
DETACHD
77
1130 LAUREL ST
$439,000
4
2
2,800
DETACHD
86

SOLD (October 20—October 26, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
44 EAGLE CREST DR
$150,000
$148,000
2
1
908
CONDO
266
1764 CONIFER DR
$319,000
$305,000
3
1
1,200
DETACHD
82
14588 WILMOT WAY
$429,900
$405,000
4
3
2,238
DETACHD
34
525 2ND ST
$425,600
$425,600
2
2
1,120
CONDO
454
14300 CAMDEN LN
$550,000
$465,000
4
2.1
2,346
DETACHD
162
17162 WARREN CT
$532,500
$497,000
4
2.1
2,231
DETACHD
126
537 2ND ST
$516,800
$519,185
2
2
1,292
CONDO
201
112 D AVE
$612,900
$549,000
2
2.1
1,741
ATTACHD
253
1545 CLOVERLEAF RD
$568,840
$565,000
4
3.1
2,723
DETACHD
13
13984 CHELSEA DR
$715,000
$675,000
4
2.1
3,187
DETACHD
16
4118 GLACIER LILY ST
$888,000
$757,000
4
3.1
4,452
DETACHD
174
13719 ROGERS RD
$869,000
$800,000
4
2.1
3,204
DETACHD
28
543 2ND ST
$789,960
$826,399
2
2.1
1,816
CONDO
238
545 2ND ST
$797,355
$827,355
2
2.1
1,833
CONDO
91
565 2ND ST
$832,200
$832,200
2
2.1
1,752
CONDO
513
1420 MORNING SKY CT
$989,000
$885,000
4
3.1
3,578
DETACHD
50
2080 RIDGE POINTE DR
$1,200,000
$1,030,000
5
4
4,587
DETACHD
188
16852 ALDER CIR
$1,950,000
$1,730,000
4
3.1
2,873
DETACHD
41

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.

Posted on

Lake Oswego Real Estate Activity – October 13-19, 2008

More properties opened or closed escrow last week than entered the market as new listings. Here is your weekly fix of Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 13—October 19, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
47 EAGLE CREST DR
$105,000
1
1
672
CONDO
10/17
4000 CARMAN DR
$149,900
2
2
870
CONDO
10/15
36 CERVANTES CIR
$189,000
2
1.1
912
CONDO
10/14
3433 MCNARY PARKWAY
$189,900
2
2.1
1,208
CONDO
10/12
195 OSWEGO SMT
$279,900
2
2
1,506
CONDO
10/16
4320 SUNSET DR
$310,000
3
1.1
1,399
DETACHD
10/15
18728 KRISTI WAY
$315,000
3
1
1,095
DETACHD
10/14
4211 WOODSIDE CIR
$325,000
3
2
1,688
CONDO
10/13
4861 LAMONT WAY
$339,900
3
2
1,440
DETACHD
10/14
1685 MAPLELEAF RD
$365,000
3
2
1,433
DETACHD
10/12
1685 CLOVERLEAF RD
$369,000
3
2.1
1,722
DETACHD
10/14
16006 KIMBALL AVE
$465,000
3
2
1,800
RES-MFG
10/12
684 2ND ST
$574,056
3
2.1
1,406
ATTACHD
10/12
696 2ND ST
$588,336
3
2.1
1,473
ATTACHD
10/12
3254 DUNCAN DR
$624,900
5
3.1
3,997
DETACHD
10/14
4691 CHELSEA LN
$629,900
4
2.1
3,102
DETACHD
10/15
672 2ND ST
$714,000
3
2.1
1,779
ATTACHD
10/12
401 ASH ST
$825,000
5
4
5,320
DETACHD
10/12
17177 OLD RIVER DR
$1,050,000
3
3.1
3,129
DETACHD
10/16
1913 CHERYL CT
$1,499,900
4
4.1
5,791
DETACHD
10/18

PENDING SALES (October 13—October 19, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
595 6TH ST
$314,800
3
1
1,520
DETACHD
24
2870 PARK RD
$379,900
4
2.1
2,380
DETACHD
4
5562 ROYAL OAKS DR.
$494,500
4
2.1
2,342
DETACHD
229
13340 AUBURN CT
$495,000
3
2.1
2,451
ATTACHD
222
16 NORTHVIEW CT
$550,000
4
3.1
2,962
ATTACHD
419
1837 CEDAR CT
$599,900
5
3
2,625
DETACHD
250
5698 LA MESA CT
$619,900
4
2.1
2,652
DETACHD
114
4076 COLTSFOOT LN
$622,000
4
3.1
3,882
DETACHD
126
4064 ORCHARD DR
$699,900
4
2.1
3,600
DETACHD
362
5384 Washington CT
$769,900
4
3.1
3,246
DETACHD
415
2680 GLEN EAGLES RD
$999,000
3
3
3,000
DETACHD
405
13701 SW KNAUS RD
$1,199,000
5
4.1
5,730
DETACHD
219

SOLD (October 6—October 13, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
86 KINGSGATE RD
$185,000
$155,000
2
2
938
CONDO
127
86 KINGSGATE RD
$179,900
$171,500
2
2
924
CONDO
60
5225 JEAN RD
$239,900
$232,000
3
2
1,500
CONDO
6
8 BRITTEN CT
$265,000
$240,000
2
2
1,175
ATTACHD
86
28 GREENRIDGE CT
$294,499
$267,000
2
1.1
1,900
ATTACHD
122
2751 SUMMIT DR
$565,900
$389,900
3
2
2,278
DETACHD
396
1123 ERICKSON ST
$620,000
$460,000
4
3
2,893
DETACHD
166
107 3RD ST
$495,000
$470,000
3
2
1,204
CONDO
29
10 GROUSE TER
$528,900
$520,000
4
3.1
3,462
DETACHD
46
17577 BLUE HERON CT
$549,000
$522,438
5
3
2,980
DETACHD
132
858 10TH ST
$639,000
$623,000
3
2.1
2,205
DETACHD
95
5853 SOUTHWOOD DR
$789,900
$630,000
5
2.1
3,707
DETACHD
314
5647 BAY CREEK DR
$665,000
$640,000
5
2.1
3,000
DETACHD
15
14027 CHELSEA DR
$799,000
$660,000
4
2.1
3,092
DETACHD
301
5287 LANGFORD LN
$799,500
$715,000
3
2.1
2,951
DETACHD
452

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.

Posted on

Lake Oswego Real Estate Activity – October 6-12, 2008

Sellers beware. This week’s SOLD properties averaged nearly 20% price discounts from their original list price and 160 days on market.

Some of them appear to have had hugely inflated seller expectations initially. To be sure, every situation has its own story, but a strong pricing strategy makes a huge difference in buyer perception and ultimately, market time.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (October 5—October 12, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
65 GALEN ST
$135,000
1
1
689
CONDO
10/7
47 EAGLE CREST DR
$149,900
2
1
932
CONDO
10/7
44 EAGLE CREST DR
$154,900
3
2
1,085
CONDO
10/7
86 KINGSGATE RD
$164,900
2
2
849
CONDO
10/10
12868 BOONES FERRY RD
$349,900
2
2.1
1,136
ATTACHD
10/6
6 SUMMIT RIDGE CT
$375,000
2
2.1
1,750
ATTACHD
10/5
12251 ORCHARD HILL RD
$389,500
3
2
1,868
DETACHD
10/5
4051 VIRGINIA WAY
$445,000
4
2.1
1,658
DETACHD
10/7
5869 RIDGETOP CT
$580,000
3
2.1
3,080
DETACHD
10/10
1921 PARK FOREST CT
$624,900
4
2.1
2,531
DETACHD
10/11
13581 GOODALL RD
$650,000
3
2
1,220
DETACHD
10/9
5441 DENTON DR
$650,000
4
2.1
3,335
DETACHD
10/5
3886 TAMARACK LN
$699,900
4
3.1
4,010
DETACHD
10/5
15939 TWIN FIR RD
$799,000
3
2
2,480
DETACHD
10/9
840 Evergreen RD
$875,000
4
2.1
2,765
DETACHD
10/5
17644 WOODHURST PL
$880,000
4
2.1
4,539
DETACHD
10/8
15847 SPRINGBROOK CT
$938,000
3
3
2,705
DETACHD
10/5
610 9TH ST
$1,225,000
4
3.1
3,690
DETACHD
10/6
657 OAK MEADOW DR.
$1,395,000
4
3.1
4,371
DETACHD
10/7

PENDING SALES (October 6—October 12, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
4644 LOWER DR
$129,900
2
1.1
1,170
CONDO
30
44 EAGLE CREST DR
$150,000
2
1
908
CONDO
266
3836 BOTTICELLI ST
$175,000
2
2
1,055
CONDO
344
4087 JEFFERSON PKWY
$225,000
2
2.1
1,851
ATTACHD
176
18951 ARROWWOOD AVE
$339,000
3
1.1
1,384
DETACHD
3
5456 Willow Court
$429,000
3
2.1
2,400
ATTACHD
17845 HILLSIDE WAY
$579,500
5
3
2,820
DETACHD
263
801 NORTHSHORE RD
$879,900
4
3
2,144
DETACHD
6

SOLD (September 29—October 5, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
6882 MONTAUK CIR
$157,000
$157,000
2
1
924
CONDO
23
200 BURNHAM RD
$369,850
$250,000
2
2
1,334
CONDO
28
5829 SW BENFIELD CT
$347,800
$289,750
5
2.1
1,744
DETACHD
115
820 BOCA RATAN DR
$464,900
$321,000
3
3.1
2,220
DETACHD
10
5207 ROSEWOOD ST
$399,900
$347,000
3
2
1,438
DETACHD
119
17239 REBECCA LN
$414,900
$389,100
4
2.1
1,970
DETACHD
292
1790 YARMOUTH CIR
$499,000
$400,000
2
2
1,551
DETACHD
135
18281 WOOD THRUSH CIR
$448,500
$439,900
4
2.1
2,296
DETACHD
102
4729 CAMBRIDGE CT
$648,000
$500,000
2
2.1
3,056
ATTACHD
140
13300 FOX RUN
$700,000
$665,000
4
2.1
2,954
DETACHD
38
5413 LANGFORD LN
$879,000
$715,000
3
2.1
2,891
DETACHD
520
17257 BRYANT RD
$1,550,000
$1,125,000
5
3.2
4,789
DETACHD
381

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.