Last week was really interesting as far as market activity. We had 20 new listings and 21 pending sales. I think that’s the first week that I’ve seen in months where we actually had more houses sold than houses coming onto the market. Also interesting is that key box activity was down. This means that fewer key boxes were being opened. As you are probably aware, we had a heat wave with pretty much every day over 90 and several in a row over 100. So people were not out in large numbers getting into houses, but those who did were serious buyers and making offers. We had 13 closed sales.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (July 27—August 2, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
LIST DATE
|
| Address | List Price | # BR | # BHTS | Total SF | Prop Type | List Date | ||
| 100 KERR PKWY | $91,800 | 1 | 1 | 671 | CONDO | 7/31/2009 | ||
| 48 EAGLE CREST DR | $248,900 | 3 | 2 | 1,623 | CONDO | 7/28/2009 | ||
| 18231 TERRY AVE | $399,900 | 3 | 2 | 1,764 | DETACHD | 7/31/2009 | ||
| 13045 PRINCETON CT | $449,000 | 3 | 2.1 | 2,900 | DETACHD | 7/26/2009 | ||
| 13821 REGENCY CT | $450,000 | 4 | 2.1 | 2,139 | DETACHD | 7/31/2009 | ||
| 18410 DEERBRUSH AVE | $495,000 | 4 | 2.1 | 2,217 | DETACHD | 7/27/2009 | ||
| 4673 Lakeview ST | $499,000 | 3 | 2.1 | 1,900 | DETACHD | 7/31/2009 | ||
| 4018 COHO LN | $539,000 | 3 | 2 | 2,489 | DETACHD | 7/31/2009 | ||
| 149 DEL PRADO ST | 585000 | 4 | 3.1 | 3,266 | DETACHD | 7/30/2009 | ||
| 18116 PIONEER CT | 589900 | 5 | 3 | 3,500 | DETACHD | 8/1/2009 | ||
| 1970 GREENTREE RD | 624900 | 4 | 3 | 2,428 | DETACHD | 7/30/2009 | ||
| 844 5TH ST | 849900 | 3 | 3 | 2,590 | DETACHD | 7/28/2009 | ||
| 17606 WOODHURST PL | 850000 | 5 | 3.1 | 4,488 | DETACHD | 7/27/2009 | ||
| 18360 DELENKA LN | 898000 | 4 | 3.1 | 4,346 | DETACHD | 7/30/2009 | ||
| 4211 CHAD DR | 949000 | 5 | 3.1 | 3,937 | DETACHD | 7/29/2009 | ||
| 737 COUNTRY CLUB RD | 1095000 | 4 | 2.1 | 3,100 | DETACHD | 7/31/2009 | ||
| 1560 COUNTRY COMMONS LN | 1099000 | 4 | 3.5 | 4,638 | DETACHD | 7/30/2009 | ||
| 17677 WESTVIEW DR | 1423000 | 5 | 4.1 | 5,031 | DETACHD | 7/27/2009 | ||
| 16764 ALDER CIR | 1679000 | 4 | 4.1 | 3,456 | DETACHD | 7/30/2009 | ||
| 1790 SKYLAND DR | 1695000 | 5 | 4.1 | 6,033 | DETACHD | 7/29/2009 |
PENDING SALES (July 27-August 2, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | Close Price | List Price | # BR | # BTHS | Total SF | Prop Type | CDOM | ||
| 15210 BOONES WAY | $170,000 | 2 | 2 | 1,185 | CONDO | 50 | |||
| 12844 BOONES FERRY RD | $229,900 | 2 | 2.1 | 1,136 | CONDO | 135 | |||
| 1889 BOCA RATAN DR | $229,900 | 3 | 2 | 1,393 | ATTACHD | 7 | |||
| 16651 LAKE FOREST BLVD | $257,900 | 3 | 1 | 1,230 | DETACHD | 184 | |||
| 68 TOUCHSTONE | $299,000 | 5 | 4.1 | 3,148 | DETACHD | 104 | |||
| 655 HEMLOCK ST | $314,900 | 3 | 1.1 | 1,352 | DETACHD | 16 | |||
| 800 WOODWAY CT | $325,000 | 4 | 3 | 2,066 | DETACHD | 107 | |||
| 1307 CEDAR ST | $350,000 | 4 | 3 | 2,054 | DETACHD | 253 | |||
| 17501 HILL WAY | 369900 | 3 | 2 | 1,694 | DETACHD | 6 | |||
| 6109 SUMMER WOODS | 390000 | 4 | 2.1 | 2,331 | DETACHD | 254 | |||
| 2802 GREENTREE RD | 449500 | 3 | 2.1 | 2,280 | DETACHD | 3 | |||
| 16439 LEXINGTON CT | 474900 | 2 | 2 | 1,563 | DETACHD | 49 | |||
| 101 3RD ST | 474900 | 3 | 2 | 1,447 | CONDO | 376 | |||
| 686 SUNNY HILL DR | 569500 | 4 | 2.1 | 2,300 | DETACHD | 67 | |||
| 5568 KODERRA AVE | 599000 | 4 | 2.1 | 3,072 | DETACHD | 196 | |||
| 14135 EDENBERRY DR | 775000 | 4 | 2.1 | 3,174 | DETACHD | 98 | |||
| 755 6TH ST | 1185000 | 4 | 3.1 | 3,973 | DETACHD | 639 | |||
| 3270 LAKEVIEW BLVD | 1275000 | 3 | 3 | 3,295 | DETACHD | 147 | |||
| 14062 Goodall RD | 1419000 | 4 | 3.1 | 4,220 | DETACHD | 404 | |||
| 13770 CAMEO CT | 1998000 | 4 | 5.1 | 6,669 | DETACHD | 198 | |||
| 890 LAKESHORE RD | 2275000 | 3 | 3.1 | 3,200 | DETACHD | 0 |
SOLD (July 27-August 2, 2009)
| ADDRESS | ORIG. PRICE | SALE PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | O/Price | Close Price | # BR | # BTHS | Total SF | Prop Type | CDOM | ||
| 100 SW KERR PKWY | $97,900 | $96,000 | 1 | 1 | 617 | CONDO | 70 | ||
| 86 KINGSGATE RD | $139,900 | $169,900 | 2 | 2 | 849 | CONDO | 419 | ||
| 47 EAGLE CREST DR | $137,500 | $135,200 | 2 | 1 | 932 | CONDO | 52 | ||
| 668 MCVEY AVE | $383,500 | $200,000 | 3 | 1.1 | 985 | CONDO | 982 | ||
| 5063 Foothills DR | $259,000 | $225,000 | 2 | 2 | 1,031 | CONDO | 213 | ||
| 4366 WOODSIDE CIR | $349,000 | $309,000 | 3 | 2.1 | 1,762 | ATTACHD | 97 | ||
| 17280 WESTVIEW DR | $399,900 | $340,000 | 3 | 2.1 | 2,324 | DETACHD | 31 | ||
| 4959 BILFORD LN | $547,500 | $499,900 | 3 | 2.1 | 2,456 | DETACHD | 45 | ||
| 4114 GLACIER LILY ST | $559,000 | 515000 | 4 | 2.1 | 2,470 | DETACHD | 65 | ||
| 17215 LOWENBERG TER | $850,000 | 804000 | 4 | 2.1 | 2,819 | DETACHD | 550 | ||
| 14067 GOODALL RD | $1,249,000 | 950000 | 4 | 3.1 | 3,784 | DETACHD | 759 | ||
| 975 LAKE FRONT RD | $2,100,000 | 1500000 | 3 | 3 | 3,232 | DETACHD | 293 | ||
| 1915 SW CHILDS RD | $2,199,000 | 1500000 | 5 | 5.2 | 5,689 | DETACHD | 397 |
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.

This Sunday there are currently 25 houses scheduled in the RMLS to be held open, including my listing at 13638 SW 62nd in Southwood Park. It’s a big, family home with 4 bedrooms, 3 full baths, and 2 family rooms for just $319,900. Yes, it does need some cosmetic updating, but it has a newer 50 year roof, new windows, and new paint in and out. I’ll be there from noon to 3pm. I’d love to have you stop by. Look for my signs on Westlake Dr and Southwood Dr and follow them in to SW 62nd.
The last 12 months have been a pretty rough time to be selling a home. Your home may have even been on the market for a period of time longer than you ever thought possible. But now you’ve gotten a good offer that you have accepted. This is a key time in any home sale. You must now get your home to pass the home inspection. I want to give you a list of 10 simple repairs you can do to prepare your home as well as a few things to do on the day of the inspection.
I was going to write this spectacular post on insulation today… but I am too busy with, well… Real Estate! Nose to the grindstone & all that… but that made me think, Hey! We all need a little time out for laughter, so please accept my modest “jokes” post today. Happy House Adventures to you all! (I’ll tell you all about insulation next time : )
While today I am posting our regular list of the Lake Oswego Open Houses as advertised in the RMLS, I want to take a moment to discuss open houses in general. Open houses are probably one area in which Realtors really differ on their opinions. I have known agents who absolutely refuse to do them. One man in particular had a sign he took to listing appointments that had the words “Open House” with a big red circle and a diagonal line across the words. He was making it very clear that there was no way he would ever do an open house. I happen to have the exact opposite opinion. I happen to think that they work. Sure, you get the neighbors and the “Lookie Lou’s”, but you also get lots of great exposure to a property that needs to be sold. I think the key is to advertise the open house so that a good percentage of the people who show up are real buyers who know the price and size of the property before they get there. I hold homes open pretty much every Sunday. I believe that on average I sell at least one listing a year off of my open houses. In fact, I sold a house in Lake Oswego about 3 weeks ago as a result of my open house. So I think that open houses do have value.
Are you wanting to enroll your children in the Lake Oswego School District, but are concerned about finding a home that is large enough, that you can also afford? Look no further. A home that fits this profile has come onto the market.
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