Hello from the Property Blotter!
Ok, here’s the news of the week….. It’s hot and sunny in Lake Oswego, and Dianne and I are busy selling real estate! : )
Just leaving you with an image of Lake Oswego Tomatoes for now, and encouraging you to enjoy your own harvests! Ours are overflowing here…. Tomato recipes are welcome in comments from our readers below!
Market Activity Aug 27-Sept 2
Last week brought 16 New Listings to Lake Oswego, 21 Pending Sales, and Closed Sales.
See below for further details on last week’s Market Activity:
NEWLY LISTED (August 27 to September 2, 2012)
| Address | Type | Price | BR | Bths | SF |
| 4 Touchstone #74 | condo | $158,000 | 3 | 2.5 | 1351 |
| 5785 Carman Dr | detached | $265,000 | 5 | 2.5 | 1934 |
| 466 5th ST #14 | condo | $299,900 | 2 | 1.5 | 1092 |
| 5745 Windfield Loop | detached | $369,000 | 3 | 2.5 | 1950 |
| 1935 Fernwood Dr | detached | $409,000 | 4 | 3 | 2100 |
| 5499 Royal Oaks Dr | detached | $409,900 | 3 | 2 | 1780 |
| 17121 Wall St | detached | $424,900 | 4 | 2.5 | 2187 |
| 2215 Fernwood Circle | detached | $438,950 | 4 | 3 | 2640 |
| 9 Spinosa | detached | $439,000 | 2 | 2.5 | 2250 |
| 323 3rd St | attached | $465,000 | 3 | 3.5 | 1959 |
| 12430 Orchard Hill Rd | detached | $625,000 | 3 | 3 | 2889 |
| 3197 Alber Spring Ct | detached | $649,900 | 4 | 2.5 | 3664 |
| 14527 Pfeifer Way | detached | $689,000 | 4 | 3.5 | 3803 |
| 8 Dover Way | detached | $975,000 | 6 | 4.5+.5 | 6244 |
| 2057 Summit Dr | detached | $1,095,000 | 4 | 3.5 | 4589 |
PENDING SALES (Auguest 27-September 2,2012 2012)
| Address | Type | Price | BR | Baths | SF | DOM |
| 100 Kerr Pkwy #24 | condo | $51,500 | 1 | 1 | 617 | 54 |
| 526 State St | condo | $119,000 | 2 | 1 | 914 | 29 |
| 181 Oswego Summit | condo | $149,900 | 2 | 2 | 1383 | 3 |
| 3858 Botticelli | attached | $182,500 | 3 | 2 | 1224 | 95 |
| 113 Touchstone Terr. | attached | $238,698 | 2 | 2.5 | 2104 | 327 |
| 5276 Oakridge Rd | detached | $274,900 | 3 | 2 | 1600 | 8 |
| 4270 Oakridge Rd | detached | $275,000 | 2 | 1 | 978 | 55 |
| 868 7th St | detached | $329,900 | 4 | 2 | 2270 | 8 |
| 4970 Suntree Ln | detached | $350,000 | 3 | 2 | 1769 | 8 |
| 19044 Olson Ave | detached | $429,000 | 4 | 4 | 3264 | 32 |
| 4909 Mulholland Dr | attached | $430,000 | 2 | 2.5 | 2403 | 8 |
| 17336 Hunter Ct | detached | $454,900 | 3 | 2.5 | 3004 | 14 |
| 2376 Fernwood Cir | detached | $489,000 | 4 | 2 | 2094 | 9 |
| 2 Buckingham Terr | detached | $519,000 | 4 | 3 | 3732 | 27 |
| 837 C Ave | detached | $569,000 | 2 | 2 | 2109 | 7 |
| 629 Iron Mountain Blvd | detached | $599,500 | 3 | 2 | 1966 | 160 |
| 1099 Troon Rd | detached | $899,000 | 4 | 3.5 | 3938 | 22 |
| 2180 Prestwick Rd | detached | $1,200,000 | 3 | 1.5 | 2391 | 21 |
| 2058 Summit Dr | detached | $1,390,000 | 3 | 2.5 | 3137 | 18 |
| 758 Southview Rd | detached | $3,450,000 | 5 | 5.5 | 5179 | 201 |
| 1024 Northshore Rd | detached | $4,695,000 | 5 | 5.5 | 7000 | 428 |
SOLD (August 27-September 2,2012)
| Address | Type | List Price | Closed Price | BR | Baths | CDOM |
| 203 Cervantes | condo | $119,900 | $108,000 | 2 | 2 | 87 |
| 510 State ST | condo | $126,900 | $125,710 | 1 | 1 | 7 |
| 15220 Boones Way 1C | condo | $139,900 | $135,000 | 2 | 2 | 6 |
| 17684 Schalit Way | detached | $225,000 | $210,000 | 3 | 1.5 | 6 |
| 4242 Woodside Cir | attached | $309,000 | $288,000 | 3 | 2 | 33 |
| 17083 Fernwood Dr | detached | $389,900 | $315,000 | 5 | 3 | 177 |
| 17200 Robb Pl | detached | $385,000 | $395,000 | 3 | 2.5 | 4 |
| 12 Morningview Cir | detached | $425,000 | $397,500 | 4 | 2.5 | 135 |
| 143 Furnace St | condo | $530,000 | $490,000 | 2 | 2.5 | 30 |
| 5752 Victoria Ct | detached | $549,000 | $537,500 | 3 | 2.5 | 23 |
| 1928 Palisades Terr | detached | $575,000 | $575,000 | 4 | 5.5 | 91 |
| 217 5th St | detached | $699,000 | $630,000 | 3 | 2.5 | 121 |
| 16737 Sylvan Ct | detached | $795,000 | $750,000 | 4 | 3 | 329 |
| 15575 Village Dr | detached | $895,000 | $875,000 | 4 | 2.5 | 18 |
| 13795 Cameo Ct | detached | $1,449,000 | $1,350,000 | 4 | 5.5+.5 | 259 |
| 1345 Cherry Ln | detached | $1,599,000 | $1,450,000 | 5 | 3.5 | 10 |
| 17700 Upper Cherry Ln | detached | $2,495,000 | $1,925,000 | 5 | 5.5 | 724 |
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
Analysis of the Higher Price Ranges
I think that there is a general perception that the market has picked up a bit of steam. I have personally seen this in multiple offer situations and short market times. But I have to say that I’ve seen it in the more affordable price ranges.
I did have a sale recently for a $625,000 house that sold in 1 day with multiple offers. But I found myself wondering, was that a fluke? Is that really happening in the higher price ranges? So I took some time today to compare the more expensive homes (purely arbitrarily I chose $500,000 and higher) today versus what was happening a year ago in the same 6-month time period. Here are the results:
| Price Range | Sold 2/11-8/11 | Active Today | Pending Today | Sold 2/12-8/12 | Current Months of Inventory |
| $500,000-$600,000 | 29 | 36 | 17 | 53 | 4 |
| $600,000-$700,000 | 25 | 32 | 3 | 27 | 7 |
| $700,000-$800,000 | 23 | 35 | 7 | 17 | 12 |
| $800,000-$900,000 | 17 | 18 | 4 | 18 | 6 |
| $900,000-$1,000,000 | 9 | 18 | 2 | 11 | 9 |
| $1,000,000-$1,500,000 | 19 | 38 | 6 | 15 | 15 |
| $1,500,000-$3,000,000 | 3 | 22 | 4 | 5 | 26 |
| $3,000,000-$20,000,000 | 0 | 11 | 2 | 1 | 55 |
Pretty interesting. The $500,000 to $600,000 is selling strongly. So is the $800,000 to $900,000. 4 to 6 months of inventory is a pretty healthy market. Pricing over a million is where it really hits the skids. And that way tip-top price point of $3,000,000 and more is barely moving. This is when we look at the closed sales. But then when you factor in the pending sales, and there are several, it looks a bit better. When the pending sales in the top price bracket close, and this should happen in 45-60 days, the inventory drops from 55 months to 22 months. In the $1,500,000 to $3,000,000 it drops the inventory from 26 months to 14.
Bottom line, it’s still too soon to tell. And it can still be said that the higher priced homes just take longer to sell as there are fewer people financially qualified to buy them.
So what are these high priced houses like?
The most expensive, recently-closed sale was a house on the Willamette River. It sold for $3,600,000 and went pending in just 33 days (seriously!).
The most expensive pending sale is on the North shore of Oswego Lake. Priced at $4,695,000, it took 428 days to receive an accepted offer.
The most expensive house currently for sale is NOT Jantzen Island. That house has been withdrawn from the market. It was price reduced from $19,500,000 to $15,000,000. The new king of the most-expensive- house-fo-sale-in-Lake-Oswego-pageant is a house on Northshore that is listed for $11,600,000. It was built in 2009 and has 13,462 square feet, 5 bedrooms, 6 full baths and 2 half baths.
I hope you find this information of interest. It’s always a kick to try and figure out the market and its trends. Let me know if you have any questions.
Dianne
Market Activity ~ Aug 20-26, 2012
Last week we ended with 21 New on the market, 15 Pending and 21 Sold.
See below for further details on last week’s Market Activity:
NEWLY LISTED (August 20-26, 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | |
| 92 CERVANTES CIR #11-E | $104,900 | 2 | 1.1 | 912 | CONDO | |
| 11 CRESTFIELD CT | $118,000 | 1 | 1 | 650 | CONDO | |
| 364 CERVANTES CIR #14-D | $119,000 | 2 | 1 | 832 | CONDO | |
| 4765 FIRWOOD RD | $300,000 | 3 | 2 | 1728 | DETACHD | |
| 868 7TH ST | $329,900 | 4 | 2 | 2270 | DETACHD | |
| 4970 SUNTREE LN | $350,000 | 3 | 2 | 1769 | DETACHD | |
| 4263 HARVEY WAY | $355,000 | 3 | 2 | 1640 | DETACHD | |
| 2955 WEMBLEY PARK RD | $399,000 | 3 | 2.1 | 2620 | DETACHD | |
| 4909 MULHOLLAND DR | $430,000 | 2 | 2.1 | 2403 | ATTACHD | |
| 17975 RIDGE LAKE DR | $497,900 | 4 | 2.1 | 2727 | DETACHD | |
| 13548 STREAMSIDE DR | $599,900 | 5 | 3 | 3336 | DETACHD | |
| 16610 WOODSMAN CT | $679,900 | 4 | 3 | 3664 | DETACHD | |
| 543 2nd ST #204 | $699,000 | 2 | 2 | 1816 | CONDO | |
| 2099 SUMMIT DR | $699,000 | 3 | 2.1 | 2250 | DETACHD | |
| 588 9TH ST | $795,000 | 4 | 2.1 | 2741 | DETACHD | |
| 19371 SW RIVERWOOD LN | $1,120,000 | 4 | 4.1 | 5048 | DETACHD | |
| 1924 CHERYL CT | $1,295,000 | 4 | 4.2 | 5204 | DETACHD | |
| 688 IRON MOUNTAIN BLVD | $1,297,000 | 4 | 4.1 | 4143 | DETACHD | |
| 2890 GLEN EAGLES RD | $1,495,000 | 4 | 3.1 | 4587 | DETACHD | |
| 14733 UPLANDS DR | $1,900,000 | 6 | 5.2 | 6788 | DETACHD | |
| 1150 FAIRWAY RD | $3,795,000 | 5 | 5.1 | 8724 | DETACHD |
PENDING SALES (August 20-26,2012 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 6351 BURMA RD | $87,500 | 2 | 1 | 2016 | DETACHD | 77 |
| 668 MCVEY AVE #43 | $104,900 | 1 | 1 | 626 | CONDO | 34 |
| 5225 JEAN RD #504 | $150,900 | 2 | 2 | 1100 | CONDO | 14 |
| 5225 JEAN RD #314 | $159,900 | 3 | 2 | 1500 | ATTACHD | 19 |
| 3433 MC NARY #506 | $168,900 | 2 | 2.1 | 1136 | CONDO | 34 |
| 5195 FIRWOOD RD | $206,000 | 3 | 2 | 1886 | DETACHD | 111 |
| 2325 PARK RD | $284,950 | 3 | 2 | 1863 | DETACHD | 0 |
| 15115 TWIN FIR RD | $299,500 | 3 | 2 | 1392 | DETACHD | 48 |
| 4104 LAKEVIEW BLVD | $300,000 | 4 | 2 | 2024 | DETACHD | 10 |
| 1113 ERICKSON ST | $324,500 | 4 | 2 | 2203 | DETACHD | 7 |
| 15703 Boones WAY | $349,000 | 3 | 2.1 | 2180 | DETACHD | 55 |
| 14710 DAVIS LN | $349,999 | 2 | 2.1 | 1680 | ATTACHD | 87 |
| 70 TOUCHSTONE | $395,000 | 3 | 3 | 3080 | DETACHD | 397 |
| 5476 SOUTHWOOD DR | $769,900 | 4 | 3 | 3858 | DETACHD | 5 |
| 1205 CHANDLER RD | $825,000 | 5 | 3.1 | 4275 | DETACHD | 112 |
SOLD (August 20-26,2012)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 3 OSWEGO SMT #3 | $124,900 | $85,000 | 2 | 2 | 1212 | CONDO | 325 |
| 121 LEONARD ST E | $106,000 | $105,000 | 1 | 1 | 830 | CONDO | 4 |
| 3924 CARMAN DR | $145,000 | $138,000 | 2 | 2.1 | 1140 | ATTACHD | 720 |
| 4057 JEFFERSON PKWY | $169,000 | $162,000 | 3 | 2.1 | 1249 | ATTACHD | 22 |
| 750 1ST ST #A9 | $169,000 | $166,500 | 2 | 2 | 1350 | CONDO | 9 |
| 4251 WOODSIDE CIR | $324,900 | $250,000 | 3 | 2 | 2032 | ATTACHD | 294 |
| 975 SOUTHSHORE BLVD | $285,000 | $285,000 | 3 | 2.1 | 2118 | DETACHD | 4 |
| 1286 ROCKINGHORSE LN | $385,000 | $289,000 | 3 | 2.1 | 1883 | DETACHD | 613 |
| 35 CHURCHILL DOWNS | $395,000 | $340,000 | 4 | 3 | 2271 | DETACHD | 17 |
| 4101 VIRGINIA WAY | $499,000 | $350,000 | 5 | 3.1 | 2752 | DETACHD | 689 |
| 1475 LABURNUM WAY | $359,900 | $359,900 | 3 | 2.1 | 1748 | DETACHD | 4 |
| 2794 VALE CT | $438,000 | $385,000 | 3 | 2.1 | 2970 | DETACHD | 87 |
| 13131 THOMA RD | $450,000 | $440,000 | 3 | 2 | 2600 | DETACHD | 12 |
| 4484 WESTBAY RD | $575,000 | $465,000 | 5 | 2.1 | 3400 | DETACHD | 116 |
| 13259 SANDALWOOD CT | $524,900 | $524,900 | 4 | 2.1 | 2919 | DETACHD | 10 |
| 4625 FIRWOOD RD | $549,900 | $540,000 | 4 | 3 | 4147 | DETACHD | 23 |
| 4301 UPPER DR | $739,000 | $697,000 | 4 | 3 | 3415 | DETACHD | 29 |
| 637 ENGLEWOOD DR | $749,000 | $734,000 | 6 | 3.1 | 3920 | DETACHD | 2 |
| 13219 DEERFIELD CT | $799,900 | $776,750 | 4 | 3.1 | 3915 | DETACHD | 50 |
| 2348 OSWEGO GLEN CT | $949,900 | $800,000 | 4 | 3.1 | 3848 | DETACHD | 104 |
| 777 NORTHSHORE RD | $1,295,000 | $1,190,000 | 3 | 2.1 | 3960 | DETACHD | 125 |
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
Open Houses ~ Aug. 26, 2012
Enjoy a great tour Sunday with these 29 homes from which to choose, according to RMLS:
| Address | L/Price | # Beds | # Baths | Total SF | Style | Open |
| 1127 CEDAR ST | $229,500 | 2 | 1 | 1070 | COTTAGE | 12:30-4PM |
| 16758 GRAEF CIR | $269,000 | 3 | 1 | 1295 | COTTAGE | 2:30-4:30PM |
| 4334 WOODSIDE CIR | $269,900 | 3 | 2 | 1671 | 1STORY | 1-3PM |
| 4231 WOODSIDE CIR | $298,500 | 3 | 2 | 1943 | 2STORY,TOWNHSE | 1-3PM |
| 4263 HARVEY WAY | $355,000 | 3 | 2 | 1640 | TRAD | 1-3PM |
| 3554 TEMPEST DR | $392,500 | 3 | 2.1 | 2241 | SPLIT,CUSTOM | 1-3PM |
| 13899 MAJESTIC CT | $405,000 | 3 | 2 | 2357 | CONTEMP | 1-3PM |
| 16439 LEXINGTON CT | $449,000 | 2 | 2 | 1563 | RANCH,TRAD | 1-4PM |
| 15585 PARTRIDGE DR | $449,950 | 4 | 2.1 | 2604 | CAPECOD,2STORY | 2-5PM |
| 1642 HIGHLAND DR | $459,000 | 4 | 3 | 2234 | SPLIT | 1-3PM |
| 17802 TREETOP LN | $529,000 | 4 | 3.1 | 3655 | COLONIL | 12-2PM |
| 17357 OAK MEADOW LN | $535,000 | 4 | 2.1 | 3274 | TRAD | 12:30-2PM |
| 2823 GLEN HAVEN RD | $538,000 | 4 | 2 | 3015 | TRAD | 2-4PM |
| 16734 Mellon ST | $548,500 | 4 | 2.1 | 2368 | TRAD | 2:30-4:30PM |
| 17561 SHEPHERDS CT | $550,000 | 4 | 2.1 | 3011 | TRAD | 1-4PM |
| 16746 Mellon ST | $567,900 | 3 | 2.1 | 2724 | TRAD | 2:30-4:30PM |
| 4994 HARTFORD PL | $569,000 | 5 | 2.1 | 3325 | TRAD | 12:30-3PM |
| 15655 FIELDSTONE DR | $589,500 | 3 | 2.1 | 2750 | TRAD | 12-1PM |
| 5533 FIELDSTONE CT | $599,500 | 4 | 2.1 | 3115 | TRAD | 12-2PM |
| 12994 SIERRA VISTA DR | $599,500 | 6 | 3.1 | 3824 | TRAD | 12-3PM |
| 18096 PILKINGTON RD | $625,000 | 3 | 2.1 | 3182 | TRAD,CUSTOM | 1-3PM |
| 5193 DENTON DR | $635,000 | 4 | 2.1 | 3076 | TRAD | 1-3PM |
| 16633 WOODSMAN CT | $749,900 | 4 | 4 | 4131 | 2STORY,CUSTOM | 1-4PM |
| 588 9TH ST | $795,000 | 4 | 2.1 | 2741 | BUNGALO,2STORY | 1-4PM |
| 16805 SCOTT CT | $892,000 | 3 | 3.1 | 4321 | CUSTOM | 2-4PM |
| 17775 KELOK RD | $949,500 | 4 | 2.1 | 2882 | CONTEMP | 1-4PM |
| 18202 BELLA TERRA DR | $1,075,000 | 4 | 3.1 | 3863 | TRAD | 12-2PM |
| 1924 CHERYL CT | $1,295,000 | 4 | 4.2 | 5204 | OTHER,TRAD | 1-4PM |
| 1677 LESLIE LN | $1,799,999 | 4 | 6.1 | 7534 | MEDIT | 2-4PM |
News & Notes
JULY 2012
Here are some Market Notes for You~
According to the RMLS Market Action Report for July 2012 fo the Portland Metro Area “Every measure of real estate activity is positive when comparing July 2012 with July 2011″:
- There were 23% more accepted offers,
- There was an increase of 15.4% in closed sales ,
- The Median Sales Price rose 7.8% over July last year, and 1.2% when comparing with June 2012
- ***AND… This is the 4th month in a row that the Median Sales Price has risen.
The combined area of Lake Oswego and West Linn reported:
- 662 Active Listings
- 217 New Listings
- 128 Pending Sales
- 120 Closed Sales
- An average Sale Price of $425,000.
- Average Time on the Market: 126 Days (down by a full 10 days from last month!)
Market Activity Aug 13-19, 2012
Last week Lake Oswego had 16 homes come onto the market, 14 houses go sale pending, and 17 closed sales. Trends? Of the 16 new listings, 5 were homes that were on the market a year or more ago, expired, and have now re-listed. My thought is that the home owners have seen the market pick up and are now thinking they may have better luck. They may be right. Of the pending sales, 1/3 sold is less than 30 days. Of the closed sales, 1/2 sold is less than 30 days.
See below for further details on last week’s Market Activity:
NEWLY LISTED (August 13-19, 2012)
| Address | Type | Price | BR | Bths | SF |
| 4 Touchstone #120 | Condo | $104,900 | 3 | 2.5 | 1351 |
| 668 McVey Ave #16 | Condo | $205,000 | 2 | 1 | 852 |
| 18350 Tualata Ave | Detached | $234,900 | 2 | 1 | 996 |
| 5276 Oakridge Rd | Detached | $274,900 | 3 | 2 | 1600 |
| 4 Del Prado St | Detached | $299,900 | 3 | 2.5 | 1716 |
| 4104 Lakeview Blvd | Detached | $300,000 | 4 | 2 | 2024 |
| 1113 Erickson St | Detached | $324,900 | 4 | 2 | 2203 |
| 15364 Twin Fir Rd | Detached | $324,900 | 3 | 1 | 1608 |
| 14190 Taylors Crest Ln | Detached | $389,900 | 4 | 2.5 | 2577 |
| 1041 Oxford Dr | Detached | $444,000 | 4 | 3.5 | 2712 |
| 17336 Hunter Ct | Detached | $454,900 | 3 | 2.5 | 3004 |
| 2376 Fernwood Cir | Detached | $489,000 | 5 | 2 | 2600 |
| 5682 Charles Cir | Detached | $549,000 | 4 | 2.5 | 3052 |
| 1023 Country Commons | Detached | $619,000 | 4 | 3 | 3359 |
| 13624 Provincial Hill Way | Detached | $729,900 | 4 | 2.5 | 3704 |
| 17550 Lake Haven Dr | Detached | $949,900 | 4 | 2.5 | 2580 |
PENDING SALES (August 13-19,2012 2012)
| Address | Type | Price | BR | Baths | SF | DOM |
| 100 Kerr Pkwy #24 | Condo | $51,500 | 1 | 1 | 617 | 38 |
| 100 Kerr Pkwy #14 | Condo | $64,900 | 1 | 1 | 617 | 184 |
| 4000 Carman Dr #10 | Condo | $119,900 | 2 | 2 | 836 | 8 |
| 4968 Oakridge Rd | Detached | $195,000 | 3 | 1.5 | 1240 | 15 |
| 5851 Burma Rd | Detached | $239,888 | 4 | 2 | 1760 | 38 |
| 1674 Larch St | Detached | $250,000 | 3 | 2.5 | 1794 | 147 |
| 6320 Dawn Ave | Detached | $349,500 | 5 | 3 | 2400 | 49 |
| 12 Morningview Ln | Attached | $420,000 | 3 | 2.5 | 2683 | 44 |
| 3220 Edgemont Rd | Detached | $519,900 | 4 | 3 | 2159 | 3 |
| 2574 Glen Eagles Pl | Detached | $549,000 | 4 | 3 | 2639 | 69 |
| 775 F Ave | Detached | $595,000 | 4 | 2.5 | 2700 | 3 |
| 18283 Lothlorien Way | Detached | $609,900 | 4 | 3 | 3015 | 22 |
| 16736 Sylvan Ct | Detached | $779,000 | 4 | 3 | 3914 | 329 |
| 3105 Wembley Park Rd | Detached | $875,000 | 3 | 2.5 | 3209 | 285 |
SOLD (August 13-19,2012)
| Address | Type | List Price | Closed Price | BR | Baths | CDOM |
| 3976 Carman Dr | Attached | $169,900 | $148,000 | 2 | 2.5 | 22 |
| 1401 Greentree Cir | Detached | $299,900 | $260,000 | 3 | 2 | 221 |
| 18585 Kristi Way | Detached | $285,000 | $290,000 | 3 | 2 | 1 |
| 728 Ash St | Detached | $280,000 | $307,000 | 3 | 2.5 | 4 |
| 1057 C Ave | Detached | $299,900 | $329,000 | 2 | 1 | 5 |
| 19 Partridge Ln | Detached | $349,900 | $348,600 | 4 | 3 | 6 |
| 4946 Mulholland Dr | Attached | $389,900 | $359,900 | 3 | 2.5 | 337 |
| 4824 Hastings Dr | Detached | $360,000 | $385,000 | 4 | 2.5 | 7 |
| 17265 Cedar Rd | Detached | $417,000 | $411,000 | 4 | 2.5 | 59 |
| 1611 Lee St | Detached | $429,900 | $417,810 | 3 | 2.5 | 46 |
| 13849 Melrose Pl | Detached | $459,900 | $453,000 | 3 | 2.5 | 123 |
| 3220 Duncan Dr | Detached | $499,900 | $472,500 | 4 | 2.5 | 31 |
| 5666 Grand Oaks Dr | Detached | $525,000 | $498,000 | 4 | 2.5 | 15 |
| 5604 Grand Oaks Dr | Detached | $599,999 | $573,000 | 5 | 3 | 172 |
| 14175 Taylors Crest Ln | Detached | $595,000 | $574,500 | 3 | 3 | 246 |
| 475 10th St | Detached | $739,000 | $720,000 | 5 | 3 | 23 |
| 5933 Suncreek Dr | Detached | $849,000 | $800,000 | 4 | 3.5+.5 | 18 |
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
Open Houses August 19, 2012
It’s going to be a beautiful summer day tomorrow. A perfect time to go and see some wonderful homes. Be sure to stop in and visit with Linda during her open at 979 Devon Dr. Enjoy!
| Address | Type | Price | Baths | BR | Open |
| 772 Lake Forest Dr | Detached | $355,000 | 1 | 2 | 1 to 3:30 |
| 3290 Wembly Park Rd | Detached | $379,000 | 3 | 5 | 1 to3 |
| 979 Devon Ln | Detached | $397,000 | 3.5 | 4 | 1 to 4 |
| 19163 Terry Ave | Detached | $409,000 | 2 | 4 | 1 to 3:30 |
| 116439 Lexington Ct | Detached | $449,000 | 2 | 2 | 1 to 4 |
| 430 9th St | Detached | $450,000 | 1.5 | 3 | 2 to 4 |
| 17147 Warren Ct | Detached | $459,000 | 2.5 | 4 | 1 to 3 |
| 13930 Majestic Ct | Detached | $465,000 | 2.5 | 3 | 12 ro 2 |
| 16734 Mellon St | Detached | $548,500 | 2.5 | 4 | 1:30 to 3 |
| 143 Kingsgate Rd | Detached | $549,000 | 2 | 3 | 12 to 3 |
| 16198 Nola Ct | Detached | $565,000 | 2.5 | 4 | 2 to 4 |
| 16746 Mellon St | Detached | $567;,900 | 2.5 | 4 | 1:30 to 3:30 |
| 4994 Hartford Pl | Detached | $569,000 | 2.5 | 5 | 12:30 to 3 |
| 15655 Fieldstone Dr | Detached | $589,500 | 2.5 | 3 | 1 to 3 |
| 5533 Fieldstone Ct | Detached | $599,900 | 2.5 | 4 | 1 to 3 |
| 330 Northshore Rd | Detached | $749,000 | 3 | 4 | 1 to 4 |
| 1033 Northshore Rd | Detached | $799,900 | 2 | 3 | 1 to 3 |
| 17775 Kelok Rd | Detached | $949,500 | 2.5 | 4 | 1 to4 |
| 1255 Andrews Rd | Detached | $995,000 | 4 | 6 | 1 to 3 |
| 760 7th St | Detached | $998,000 | 4.5 | 5 | 1 to 4 |
| 18202 Bella Terra Dr | Detached | $1,075,000 | 3.5 | 4 | 1 to 3 |
| 2180 Prestwick Rd | Detached | $1,200,000 | 1.5 | 3 | 1 to 3 |
| 3301 Upper Dr | Detached | $1,343,000 | 3.5 | 4 | 2 to 4 |
| 112 Northshore Circle | Detached | $1,599,000 | 3.5 | 4 | 11 to 4 |
| 612 Ridgeway Rd | Detached | $2,425,000 | 3.5 | 4 | 1 to 5 |
What’s in a Name?
If you’ve been reading the blotter for awhile, you know that we got the name of our blog by borrowing the Police Blotter from the Lake Oswego Review. The local newspaper does a weekly publication that along with showcasing local schools, businesses, and people, it posts the previous week’s police activity.
The Lake Oswego Police Department has a 100% response policy. That means that when you call, they show up, no matter what. So reading the police blotter can be rather entertaining. Below is from the previous two weeks.
7/23/12 1:15am. Apples are being chucked at a house on Aspen Street.
7/24/12 9:59am. A woman reported finding all kinds of things on her property on North Shore Road, including bicycles, helmets, and a surf board.
7/24/12 1:03pm. Four citations were slapped on a vehicle illegally parked at Lake View Village.
7/24/12 10:51pm. Several teens are jumping in and out of hedges and running around yards in a late-night frolic on Royce Way. Later they were honking horns and chasing each other in cars.
7/25/12 9:04am. Somebody placed a small beagle n a yard on Sierra Ct, then blocked a hole under the fence with wood so the pooch could not get out.
7/26/12 10:42pm. Hearty voices raised in song were heard coming from a pub on B Avenue.
7/26/12 11:43pm. A driver passed out in the middle State Street. He was not drunk but exhausted from his airline flight.
7/28/12 1:16pm. Condolea Drive was the site of a strange incident in which a pot was moved, two large plants were damaged and underwear was thrown into trees.
7/30/12 10:51am. A cat in a pot was discovered in a complex on Foothills Drive.
7/31/12 9:54am. A woman has decided to keep a pair of old handcuffs that she originally wanted to turn in to police.
8/1/12 9:34am. After buying a house, a person looked inside the garage and found 22 lights, causing suspicions that marijuana may be being cultivated inside the house.
8/1/12 8:48am. A female is dancing on the sidewalk, crossing the street and waving at people on B Avenue. It is suspected she may be high on more than life.
8/2/12 2:39pm. A missing St. Bernard named Myia was returned to its owner.
8/2/12 9:16pm. Five teenaged boys, four of them 16, had to clean up the mess from the garbage can they knocked over at Uplands Elementary School.
8/3/12 6:20pm. A cat triggered a burglar alarm on Brianne Court.
8/5/12 10:08am. A toilet in a woman’s bathroom on Melrose Street won’t stop flushing.
There you have it, two weeks on the mean streets of Lake Oswego. And, yes, I know the Police Blotter is now called the Police Log. Not sure why the Lake Oswego Review made the change, but it will always be the Blotter to me. And the propertyblotter will be the propertyblotter as well.
Stay cool in this heat. In LO it only lasts a few days.
Dianne
Market Activity ~ Aug 6-12, 2012
Things are staying pretty steady. We ended with 18 New on the market, 16 Pending and 10 Sold last week.
See below for further details on last week’s Market Activity:
NEWLY LISTED (August 6-12, 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 4000 CARMAN DR #10 | $119,900 | 2 | 2 | 836 | CONDO |
| 5225 JEAN RD #504 | $150,900 | 2 | 2 | 1100 | CONDO |
| 12808 BOONES FERRY RD | $279,000 | 3 | 2.1 | 1174 | CONDO |
| 772 LAKE FOREST DR | $355,000 | 2 | 1 | 888 | DETACHD |
| 18 ABELARD ST | $387,500 | 4 | 2.1 | 2101 | DETACHD |
| 19163 TERRY AVE | $409,000 | 4 | 2 | 2149 | DETACHD |
| 3220 Edgemont RD | $519,900 | 4 | 3 | 2159 | DETACHD |
| 17022 CRESTVIEW DR | $524,900 | 4 | 3 | 3168 | DETACHD |
| 12820 SW ALTO PARK RD | $550,000 | 2 | 1 | 1132 | DETACHD |
| 775 F AVE | $595,000 | 4 | 2.1 | 2700 | DETACHD |
| 5193 DENTON DR | $635,000 | 4 | 2.1 | 3076 | DETACHD |
| 5423 DENTON DR | $669,000 | 4 | 2.1 | 3428 | DETACHD |
| 12840 SW ALTO PARK RD | $775,000 | 2 | 2.1 | 3632 | DETACHD |
| 1099 TROON RD | $929,000 | 4 | 3.1 | 3938 | DETACHD |
| 1255 ANDREWS RD | $995,000 | 6 | 4 | 4602 | DETACHD |
| 17547 CHERRY CT | $1,160,000 | 3 | 2.2 | 4558 | DETACHD |
| 2180 PRESTWICK RD | $1,200,000 | 3 | 1.1 | 2391 | DETACHD |
| 2058 SUMMIT DR | $1,390,000 | 3 | 2.1 | 3137 | DETACHD |
PENDING SALES (August 6-12,2012 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE #153 | $79,000 | 2 | 2 | 984 | CONDO | 7 |
| 73 GALEN ST #73 | $111,000 | 2 | 2 | 995 | CONDO | 60 |
| 510 S STATE ST | $126,900 | 1 | 1 | 829 | CONDO | 7 |
| 170 OSWEGO SMT | $148,900 | 2 | 2 | 1506 | CONDO | 129 |
| 750 1ST ST #A9 | $169,000 | 2 | 2 | 1350 | CONDO | 9 |
| 4968 OAKRIDGE RD | $195,000 | 3 | 1.1 | 1240 | DETACHD | 8 |
| 17684 SCHALIT WAY | $225,000 | 3 | 1.1 | 960 | DETACHD | 6 |
| 1041 HEMLOCK ST | $319,000 | 4 | 3 | 2623 | DETACHD | 9 |
| 17200 ROBB PL | $385,000 | 3 | 2.1 | 2206 | DETACHD | 4 |
| 4207 HARVEY WAY | $389,500 | 4 | 2.1 | 2648 | DETACHD | 50 |
| 35 CHURCHILL DOWNS | $395,000 | 4 | 3 | 2271 | DETACHD | 17 |
| 1903 EGAN WAY | $425,000 | 2 | 2.1 | 2280 | DETACHD | 26 |
| 5250 ROYAL OAKS DR | $449,900 | 4 | 2.1 | 2147 | DETACHD | 23 |
| 143 FURNACE ST | $530,000 | 2 | 2.1 | 2170 | CONDO | 30 |
| 4147 CASEY CT | $779,950 | 5 | 3.1 | 4145 | DETACHD | 41 |
| 13795 CAMEO CT | $1,449,000 | 4 | 5.2 | 7190 | DETACHD | 259 |
SOLD (August 6-12,2012)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 13990 SHIREVA CT | $245,000 | $180,000 | 3 | 2 | 1651 | DETACHD | 307 |
| 5206 ROYAL OAKS DR | $424,900 | $350,000 | 5 | 3.1 | 2801 | DETACHD | 318 |
| 352 4TH ST | $388,000 | $388,000 | 2 | 2.1 | 1731 | ATTACHD | 4 |
| 4 MOZARTEUM CT | $424,900 | $410,000 | 3 | 2.1 | 2417 | DETACHD | 10 |
| 2441 OVERLOOK DR | $424,900 | $415,000 | 4 | 3 | 3422 | DETACHD | 9 |
| 4672 AUBURN LN | $439,900 | $439,900 | 3 | 3.1 | 2732 | ATTACHD | 108 |
| 2152 WEMBLEY PL | $499,000 | $505,000 | 4 | 3 | 2854 | DETACHD | 3 |
| 2650 GLEN EAGLES RD | $739,950 | $650,000 | 3 | 4 | 3112 | DETACHD | 405 |
| 5765 VICTORIA CT | $679,950 | $690,000 | 5 | 3.1 | 3459 | DETACHD | 2 |
| 1901 CHERYL CT | $1,165,000 | $1,090,000 | 4 | 4.1 | 4872 | DETACHD | 12 |
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