97034 Archives - Page 138 of 141

February 23, 2009

Market Activity Update – February 16 – 22, 2009

Lake Oswego saw 16 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). We had 7 go pending, and 4 that closed.

As in my last Market Activity Report on Feb. 9th, we’ve got a good mix of properties that have been on the market for quite awhile selling and going to Pending status, as well as a good number that have been on the market a relatively short period of time. For what it’s worth, my interpretation of this is that prices are coming in line with consumer demand, i.e., homes that have been on the market awhile are at prices agreeable to buyers, and newer listings are starting out at prices that are more in line with buyer expectations. That said, we can’t really see what the Pending sale prices will be until they actually close. So… stay tuned to the Blotter for that info as it becomes available.

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

NEWLY LISTED (February 16—February 22, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date
44 EAGLE CREST DR	$135,900	1	1	798	CONDO	2/20/2009
1615 HALLINAN ST	$285,000	3	1.1	1,500	DETACHD	2/17/2009
18543 LONGFELLOW AVE	$339,900	3	1.1	1,279	DETACHD	2/16/2009
2800 WEMBLEY PARK RD	$374,500	3	2	1,575	DETACHD	2/17/2009
1228 HALLINAN CIR	$389,000	4	2	1,932	DETACHD	2/19/2009
200 BURNHAM RD	$399,000	3	2	1,960	CONDO	2/18/2009
19210 MAREE CT	$415,000	3	2.1	1,634	DETACHD	2/17/2009
221 HIDALGO ST	$419,500	3	2.1	2,628	DETACHD	2/16/2009
131 WILBUR ST	$450,000	2	2	1,312	DETACHD	2/22/2009
905 COUNTRY CLUB RD	399000 – 458876	3	2.1	2,817	DETACHD	2/19/2009
18055 CENTRAL AVE	$495,000	3	1	1,202	DETACHD	2/17/2009
8 WALKING WOODS DR	$519,900	4	3	3,402	DETACHD	2/17/2009
497 ASH ST	$598,800	6	3	3,840	DETACHD	2/18/2009
4605 CHELSEA LN	$752,000	4	2.1	3,411	DETACHD	2/17/2009
1065 LUND ST	$869,000	5	3.1	4,584	DETACHD	2/17/2009
17540 RIDGEVIEW LN	$1,285,000	4	3.1	4,345	DETACHD	2/19/2009

PENDING SALES (February 16—February 22, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date	CDOM
17304 MARJORIE AVE	$333,000	3	1.1	1,340	DETACHD	2/3/2009	16
178 PINE VALLEY RD	$475,000	5	3.1	2,999	DETACHD	2/12/2009	6
964 COUNTRY COMMONS LN	$499,000	3	2.1	2,065	DETACHD	1/23/2009	27
4676 WINTHROP CT	$557,750	4	2.1	3,112	DETACHD	11/18/2008	172
625 CLARA CT	$587,500	3	2.1	2,532	DETACHD	9/4/2008	297
731 F AVE	$624,900	4	2.1	2,668	DETACHD	1/16/2009	327
17860 CRESTLINE DR	$2,795,000	4	5.2	6,810	DETACHD	10/21/2008	485

SOLD (February 16—February 22, 2009)

Address	O/Price	Close Price	# Beds	Tot. Baths	Tot. SF	Prop Type	List Date	CDOM
3 THE GROTTO	$300,000	$292,000	3	2	1,688	DETACHD	11/5/2008	274
4451 BERNARD ST	$349,950	$330,000	3	2	1,800	DETACHD	10/29/2008	190
4 BRITTEN CT	$429,000	$399,000	3	2.1	1,972	ATTACHD	11/4/2008	74
4280 CHAPMAN WAY	$469,000	$441,000	3	2	1,947	DETACHD	12/15/2008	105

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.

February 16, 2009

Market Activity for February 9-15, 2009

Last week’s activity was slow, to put it mildly. There were 9 genuine new listings: meaning that they were not previously listed either by another Realtor or at a higher price. There were 4 houses that went pending, and zero closed sales. Probably the most interesting thing I observed is that of the pending sales, 3 out of the 4 sold in 35 days or less. I checked the market history on all of them and these sales really did happen that quickly. So there is a place where market demand meets current economic conditions and properties sell. I also think that buyers who are in the market are watching the inventory and jumping on the good deals. On the flip side is the 4th pending sale. It took 574 days to receive an accepted offer. It was originally listed for $1,199,000 and finally priced dropped, after such a long market time, to $689,000 in order to get it gone.

NEWLY LISTED (February 9, 2009 – February 15, 2009)

Address	List Price	# BR	# BTHS	Total SF	Prop Type	List Date
92 GALEN ST	$119,500	1	1	689	CONDO	2/13/2009
45 EAGLE CREST DR	$119,900	1	1	600	CONDO	2/15/2009
11 CRESTFIELD CT	$149,000	1	1	650	CONDO	2/13/2009
5051 FOOTHILLS DR	$249,999	2	2	991	ATTACHD	2/9/2009
1960 MAPLELEAF RD	$325,000	3	2	1,210	DETACHD	2/9/2009
178 PINE VALLEY RD	$475,000	5	3.1	2,999	DETACHD	2/12/2009
17196 KELOK RD	$750,000	3	2.1	2,500	DETACHD	2/13/2009
2400 DELLWOOD DR	$899,000	4	3	3,180	DETACHD	2/10/2009
17590 KELOK RD	1749000	5	4	5,000	DETACHD	2/9/2009

PENDING SALES (February 9, 2009 – February 15, 2009)

ADDRESS	LIST PRICE	TOT. BEDS	TOT. BATHS	TOT. SQ FT	PROP TYPE	DOM
4 TOUCHSTONE DR			$114,000	2	2	984	CONDO	35
750 1ST ST			$196,500	2	2	1,350	CONDO	34
16978 CANAL CIR			$350,000	3	2	1,962	DETACHD	4
4155 CANAL RD			$689,000	4	2.1	3,736	DETACHD	574

There were no closed sales the week of February 9-15, 2009.

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

February 13, 2009

Open Houses for February 14th and 15th

This is going to be a great weekend to grab your honey and get out to visit some nice homes.

There is one house being held open on Saturday, according to the RMLS:

56 Greenridge Ct, $345,000, 3 BR, 2.5 BTHS, 1996 square feet, open 1:00-3:30

On Sunday there are 15 open houses being promoted on the RMLS:

5487 Tualata Ct, $264,900, 3 BR, 2 BTHS, 1200 square feet, open 1:00-3:00

5096 Tree St, $334,900, 3 BR, 1.5 BTHS, 1410 square feet, open 2:00-5:00

56 Greenridge Ct, $345,000, 3 BR, 2.5 BTHS, 1996 square feet, open 1:00-3:30

1650 Fircrest Dr, $399,000, 4 BR, 3 BTHS, 2266 square feet, open 1:00-3:00

964 Country Commons, $499,000, 3 BR, 2.5 BTHS, 2065 square feet, open 2:00-4:00

41 Hillshire Dr, $547,000, 4 BR, 3 BTHS, 2670 sqsuare feet, open 1:30-3:30

624 Livingood Ln, $564,900, 4 BR, 3 BTHS, 2596 square feet, open 1:00-3:00

5772 Bay Creek Dr, $599,000, 4 BR, 3 BTHS, 3242 square feet, open 12:00-2:00

17879 Hillside Dr, $674,900, 3 BR, 3 BTHS, 3049 square feet, open 12:00-2:00

15713 Tara Pl, $699,000, 4 BR, 2.5 BTHS, 3442 square feet, open 1:00-4:00

5267 Lakeview Blvd, $750,000, 4 BR, 3.5 BTHS, 3425 square feet, open 1:00-4:00

3030 Westview Ct, $948,000, 4 BR, 2.5 BTHS, 3415 square feet, open 2:00-4:00

17878 Hillside Dr, $995,000, 5 BR, 3 BTHS, 3462 square feet, open 1:00-4:00

5250 Dawn Ave, $1,095,900, 4 BR, 3.5 BTHS, 4333 square feet, open 1:00-3:00

581 Oak Meadow Dr, $1,475,000, 4 BR, 4.5 BTHS, 4745 square feet, open 1:00-3:00

Enjoy the weekend and Happy Valentine’s Day.

February 11, 2009

Observations on Current Inventory

lake-photo A few days ago I spent some time analyzing inventory. I thought I’d share with you some of my observations.

On the day that I did this, February 6, 2009, there were 418 single family, detached, homes for sale in Lake Oswego. Here is the breakdown by price:

$100,000-$199,999 = 3
$200,000-$299,999 = 13
$300,000-$399,999 = 41
$400,000-$499,999 = 48
$500,000-$599,999 = 44
$600,000-$699,999 = 38
$700,000-$799,999 = 28
$800,000-$899,999 = 30
$900,000-$999,999 = 37
$1,000,000+ = 136

If you have been reading the market activity reports on Mondays here at the propertyblotter, you have probably noticed that for the last several months there have been very few properties sold in the million dollar and over price range. In fact, it has been since early December that a sale has closed at that price point. 136 houses priced over a million dollars just seems like a lot of high-end inventory. In all of 2008, 45 houses sold that were priced at a million dollars or greater. At that rate, it will take a little over 3 years for the current inventory to be sold. What does that mean? It means that if you are in the market for a high-end, luxury home, you have lots of houses to choose from and motivated sellers will be making sacrifices to get their properties sold. I think that the sellers who truly have to sell quickly will be dropping prices and making concessions to secure a good sale.

Having said that, you will also have noticed that in this Monday’s market activity report two high-end homes went sale pending: one for $995,000 and one for $1,995,000.

It is very typical that the market is slow during the holidays. Seeing the two pendings this week can be seen as the market gearing up as we approach spring, which is a very active time for sales.

In doing this, I really enjoyed seeing the break down of the numbers in the more affordable price ranges as well. There are quite a few really nice homes that would not require jumbo loan financing. A jumbo loan is $417,000 or greater and typically has a higher interest rate than a conventional loan.

I also have from time to time compared the inventory of homes priced at $350,000 or less in Lake Oswego to the inventory available in Sellwood, a neighborhood in SE Portland. I have done this because I believe that Lake Oswego is often over-looked for affordable housing because of its reputation for million dollar housing. The first time I made the comparison, last April, there were 20 houses for sale in LO and 18 in Sellwood. The next time I did it, last August, there were 28 in LO and 32 in Sellwood. At the time of this current analysis I have found 36 in LO and 27 in Sellwood. So both areas have more houses for sale priced at $350,000 or less than they did 10 months ago, and Lake Oswego continues to be strong in this price range.

The least expensive house for sale in Lake Oswego, that is not a tear-down fixer, is priced at $189,900. It was built in 1955 and has 1320 square feet with 2 bedrooms and 1 bath. It’s on a very large lot in Lake Grove.

The most expensive house for sale in Lake Oswego is Jantzen Island. A private island in the lake of 5.5 acres with a 10,000 square foot main house and a 3500 square foot guest house. It’s priced at $19,500,000.

I am curious to see how our inventory changes as we go into the spring. With the current economy it is bound to be slower than normal. If anything, the current economy is increasing the number of homes in the more modest price ranges. And for buyers who want and are able to purchase a high-end home, there is great selection and some great deals to be found.

February 9, 2009

Market Activity Report – February 2-8, 2009

Lake Oswego saw 14 new properties hit the market last week. We had 6 go pending, and 5 that closed. Looks like some steady activity is continuing.

I think it’s interesting to note that some of the older inventory is moving, and some of the newer inventory is moving rather quickly, relatively speaking, as evidenced by 3 pending sales that had been on the market for over 8 months, and one other achieving pending status in just 7 days! The other two were on the market for less than 3 months before getting to pending status. As for sold/closed properties- one of the 5 had been on the market for over 11 months prior to sale, but we had one sell in about 2 weeks, and 2 that had been on the market for 5 & a just a little over 5 months.

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

NEWLY LISTED (February 2—February 8, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date
45 OSWEGO Summit	$139,900	1	1	764	CONDO	2/2/2009
3882 BOTTICELLI ST	$224,900	3	2	1,224	ATTACHD	2/3/2009
204 CERVANTES CIR	$259,000	3	1.1	1,138	CONDO	2/3/2009
790 BOCA RATAN DR	$269,900	3	2	2,112	DETACHD	2/6/2009
17304 MARJORIE AVE	$333,000	3	1.1	1,340	DETACHD	2/3/2009
1685 MAPLELEAF RD	$365,000	3	2	1,433	DETACHD	2/2/2009
1299 HIDE A WAY LN	$425,000	3	2	1,893	DETACHD	2/8/2009
1510 FERNWOOD DR	$595,000	5	3	3,291	DETACHD	2/4/2009
2957 GLEN EAGLES RD	599000	4	3	3,288	DETACHD	2/3/2009
5772 BAY CREEK DR	599000	4	3	3,242	DETACHD	2/5/2009
17879 HILLSIDE DR	674900	3	3	3,049	DETACHD	2/5/2009
1991 COUNTRY CLUB RD	879000	4	4	3,414	DETACHD	2/6/2009
17460 Wren CT	1495000	4	3.1	3,300	DETACHD	2/8/2009
4313 WESTBAY RD	2775000	4	3.1	4,000	DETACHD	2/2/2009

PENDING SALES (February 2—February 8, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date	CDOM
44 EAGLE CREST DR	$114,950	1	1	798	CONDO	1/29/2009	7
95 KINGSGATE RD	$310,000	3	2.1	1,669	DETACHD	12/14/2008	51
5291 CHINOOK CT	$375,000	7	3	2,331	DETACHD	12/8/2008	286
4761 LAMONT WAY	$390,000	3	2	1,816	DETACHD	11/13/2008	83
1555 BAY VIEW LN	$995,000	4	4.1	4,775	DETACHD	1/19/2009	277
13200 THOMA RD	$1,995,000	5	5.2	7,648	DETACHD	11/4/2008	504

SOLD (February 2—February 8, 2009)

Address	O/Price	Close Price	# Beds	# Baths	Tot. SF	Prop Type	List Date	CDOM
3668 SPRING LN	$199,900	$164,400	2	2	1,120	CONDO	1/6/2009	16
4206 WOODSIDE CIR	$284,900	$284,900	2	2	1,799	ATTACHD	8/3/2008	151
1640 WORTHINGTON ST	$359,900	$335,500	4	3	2,342	DETACHD	10/28/2008	66
5079 W SUNSET DR	$458,650	$365,000	2	2.1	1,760	ATTACHD	7/25/2008	336
13217 FOX RUN	$610,000	$508,200	4	3	2,706	DETACHD	6/23/2008	160

February 2, 2009

Market Activity for January 26 thru February 1, 2009

Last week’s market activity appears to be falling in line with the painfully slow, but still happening, increase in real estate activity that normally occurs in late January and early February. There were 16 new listings, 5 pending sales, and 3 closed sales.

NEWLY LISTED (January 26, 2009 – February 1, 2009)

ADDRESS	LIST PRICE	TOT. BEDS	TOT. BATHS	TOT. SQ FT	PROP TYPE	LIST DATE
Address			List Price	#BR	#BTHS	Total SF	Prop Type	List Date
44 EAGLE CREST DR			$114,950	1	1	798	CONDO	1/29/2009
4 TOUCHSTONE DR			$141,750	3	2.1	1,351	CONDO	1/26/2009
205 CERVANTES			$164,900	2	2.1	1,216	CONDO	1/27/2009
16651 LAKE FOREST BLVD			$287,900	2	1	1,230	DETACHD	1/27/2009
1684 BOCA RATAN DR			$314,900	3	2	1,611	ATTACHD	1/30/2009
16 PARTRIDGE LN			$418,900	3	2.1	2,304	DETACHD	1/30/2009
668 MCVEY AVE			$460,000	3	1.1	992	CONDO	1/28/2009
340 8TH ST			$575,000	3	2	1,992	DETACHD	1/26/2009
5535 BAY CREEK DR			580000	4	2.1	2,328	DETACHD	1/29/2009
4941 HASTINGS DR			589000	4	2.1	2,530	DETACHD	1/29/2009
17154 LOWENBERG TER			849900	5	3.1	3,350	DETACHD	1/29/2009
17281 LOWENBERG TER			849900	4	3.1	3,035	DETACHD	1/29/2009
17110 LOWENBERG TER			850000	4	2.1	2,678	DETACHD	1/26/2009
645 COUNTRY CLUB RD			899000	4	2.1	3,262	DETACHD	1/26/2009
17364 RIDGEVIEW CT			1425000	4	3.1	4,436	DETACHD	1/30/2009
112 NORTHSHORE CIR			2850000	4	4.2	3,558	DETACHD	1/26/2009

PENDING SALES (January 26, 2009 – February 1, 2009)

ADDRESS	LIST PRICE	TOT. BEDS	TOT. BATHS	TOT. SQ FT	PROP TYPE	DOM
Address			List Price	#BR	#BTHS	Total SF	Prop Type	CDOM
3433 MCNARY PARKWAY			$184,500	2	2.1	1,208	CONDO	105
2071 BONNIEBRAE DR			$314,995	3	2	1,611	ATTACHD	226
353 ASH ST			$409,900	3	3.1	2,765	DETACHD	434
12974 KNAUS RD			$450,000	3	3.1	3,792	DETACHD	131
5441 DENTON DR			$599,000	3	2.1	3,331	DETACHD	242

SOLD (January 26, 2009 – February 1, 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
1120 HALLINAN CIR	$365,000	$332,000		3	2	1,600	DETACHD	153
5254 TIMBERGROVE ST	$399,500	$365,000		4	2	1,854	DETACHD	87
17845 HILLSIDE WAY	$628,500	$560,000		5	3	2,820	DETACHD	263

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.

January 30, 2009

Open Houses for the weekend of 1/31-2/1

This being Superbowl Sunday, the list of open houses is fairly short. However, if you are not a football fan, getting out and touring some homes may be just the diversion you are looking for.

On Saturday, January 31st, there are two houses promoted to be open on the RMLS:
17960 Ridge Lake Dr, $669,000, 4 BR, 2.5 BTHS, open 12-2
15713 Tara Place, $729,000, 4 BR, 2.5 BTHS, open 1-3

On Sunday, February 1st, there are four houses promoted to be open on the RMLS:
86 Kingsgate Rd, $169,900, 2 BR, 2 BTHS, open 1-2:30
1650 Fircrest Dr, $399,000, 4 BR, 3 BTHS, open 1-3
745 4th St, $579,000, 3 BR, 2 BTHS, open 12-2
13222 Deerfield Ct, $649,000, 4 BR, 2.5 BTHS, open 1-3

Have a great weekend!

January 28, 2009

Lake Oswego Hunt

lohunt Lake Oswego is home to a very unique and beautiful facility, Lake Oswego Hunt. The Lake Oswego Hunt is an equestrian training program and a riding school for children and adults of all ages. Unlike many facilities that focus on one discipline, Lake Oswego Hunt works with Combined Training, Dressage, and Hunter/Jumper. So if you have a love for horses, and you want to have access to horses in your life, there is a way to do that here in Lake Oswego.

While I love the beauty of horses, and have ridden horses on a couple of occassions, what I love about Lake Oswego Hunt is the gorgeous arena and barn. As you drive along Iron Mountain Blvd. you can not help but notice the beautiful white barn and fences tucked into 19 acres of meadow at the base of Iron Mountain. It is just extremely picturesque.

Built in 1936, the indoor arena is the largest and oldest bow-truss structure West of the Mississippi. It is 90′ x 220′. When you look up at the roof from inside you can not help but be struck by the barrel vaulting. There are cathedrals in Europe with similar ceilings. This one just happens to be made out of wood. In 1987 this unique structure was recognized with a listing on the National Registry of Historic Places. There is currently a very active effort being made to preserve and to restore the building. A Historic Preservation Committee has been formed that is hard at work to keep this facility in good repair.

horsestalls When I stopped in to visit the Lake Oswego Hunt, besides the beautiful arena and barn, I was also struck by the warmth and friendliness of the people that I met. Everyone was gracious and welcoming. I was very taken with the attitude that this is a place that wants to be a part of our community. They made it very clear that they love to have people come in and that they are happy to give you a tour. Along with a calendar of events that includes horse shows and parties, there are occassional open houses that invite the general public to come and see what is happening at Lake Oswego Hunt. The next open house is scheduled for February 7th, from 9am to 5pm.

There are a couple of ways to be a part of Lake Oswego Hunt. You can join as a full member and have the ability to board your horse and have full access to the club room and all of the facility. You can also join on a social membership to enjoy the horse shows and be a part of the social programs that include brunches and parties. Finally, the riding school is open to the public.

I have a love for old buildings and architecture. I think that Lake Oswego Hunt is a facility that is deserving of our support. If you’ve never visited, stop by. I think you’ll be impressed by what you see. If you’d like more information, you can visit the Lake Oswego Hunt website by clicking here.

January 26, 2009January 26, 2009

Market Activity Report – January 19-25, 2009

News today indicates a “Surprise to the Upside” in US housing sales.

Check it out: http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/us-home-sales-surprise-to-the-upside-2009012676338/

Here in Lake Oswego we have a total of 20 properties newly on the market as of this last week, and 7 pending sale as of the same week. I culled any property listed as “new” that had not been off the market for at least 30 days, and many of those categorized as such below are brand new listings.

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

NEWLY LISTED (January 19—January 25, 2009)

Address	List Price	# Beds	# Baths	Tot. SF	Prop Type	List Date
26 CRESTFIELD CT	$172,700	2	2	995	CONDO	1/23/2009
13880 SUNDELEAF DR	$234,500	2	1	976	DETACHD	1/23/2009
666 9th ST	$425,000	2	1	1,850	DETACHD	1/23/2009
14431 ORCHARD SPRINGS RD	$439,900	3	2.1	1,960	CONDO	1/23/2009
3 CELLINI CT	$465,000	4	2.1	2,531	DETACHD	1/19/2009
39 SPINOSA	$479,900	3	2.1	2,069	DETACHD	1/21/2009
627 1ST ST	$499,000	2	2	2,090	DETACHD	1/25/2009
2360 GREENTREE RD	$499,995	3	2.1	2,207	DETACHD	1/21/2009
14 NORTHVIEW CT	$537,500	4	3.1	3,279	ATTACHD	1/22/2009
3745 TEMPEST DR	$547,500	4	3	2,834	DETACHD	1/21/2009
14412 MEADOW GRASS ST	$575,000	4	2.1	3,563	DETACHD	1/19/2009
554 5TH ST	$759,000	3	3.1	2,166	ATTACHD	1/19/2009
556 5TH ST	$759,000	3	3.1	2,166	ATTACHD	1/19/2009
15847 SPRINGBROOK CT	$938,000	3	3	2,705	DETACHD	1/19/2009
730 KENOLA CT	$1,085,000	4	3.1	4,319	DETACHD	1/19/2009
2326 Oswego Glen CT	$1,495,000	4	4	4,178	DETACHD	1/20/2009
15905 OSWEGO SHORE CT	$1,590,000	4	4	3,869	DETACHD	1/19/2009
1098 CHANDLER RD	$2,195,000	4	3.1	3,696	DETACHD	1/21/2009
18414 RIVER WOODS PL	$2,999,000	4	4.2	6,498	DETACHD	1/23/2009
17110 LOWENBERG TER	$850,000	4	2.1	2,678	DETACHD	1/22/2009

PENDING SALES (January 19—January 25, 2009)

Address	List Price	# Beds	# Baths	Total SF	Prop Type	List Date	CDOM
4 TOUCHSTONE DR	$114,000	2	2	984	CONDO	1/10/2009	11
3668 SPRING LN	$199,900	2	2	1,120	CONDO	1/6/2009	16
1400 PARRISH ST	$297,500	3	2.1	1,880	CONDO	9/1/2008	143
4672 WINTHROP CT	$399,900	3	2	1,680	DETACHD	9/30/2008	114
1480 HEMLOCK ST	$428,850	4	3	2,246	DETACHD	3/24/2008	305
6067 CLAIRMONT CT	$529,000	4	2.1	2,344	DETACHD	1/12/2009	11
17561 SHEPHERDS CT	$675,000	4	2.1	3,011	DETACHD	5/15/2008	347

SOLD (January 19—January 25, 2009)

Address	O/Price	Close Price	# Beds	# Baths	Total SF	Prop Type	List Date	CDOM
13915 SUNDELEAF DR	$998,000	$895,000	4	3.1	4,090	DETACHD	10/1/2008	797

January 19, 2009

Market Activity for January 12-18, 2009

Here is your market activity report for last week. There are 17 new listings, 9 pending sales, and 2 closed sales. When I did my search for new listings the report originally contained over 50 properties, which seemed way high to me. So I explored the market history on each of them and found that only 17 were truly new listings and all of the rest were old listings that were pulled and then re-listed with new RMLS numbers to “refresh” them. It’s a common practice to stimulate sales activity. However, I think it is helpful to see what is a actually a new listing versus this marketing technique. I can not promise that time will always permit me to take this extra step, but when I can, I will. I was also pleased to see 9 pending sales, which is a bit of a gain over what we were seeing in the holidays.

NEWLY LISTED (January 12, 2009 – January 18, 2009)

Address	List Price	#BR	#Bths	Total SF	Prop Type	List Date
57 GALEN ST	$129,500	1	1	689	CONDO	1/17/2009
136 OSWEGO SMT	$142,000	1	1	764	CONDO	1/15/2009
4 TOUCHSTONE DR	$194,900	3	2.1	1,351	CONDO	1/13/2009
545 HEMLOCK ST	$339,900	3	1.1	984	DETACHD	1/12/2009
3 SAINT HELENS CIR	$359,000	2	2	1,472	DETACHD	1/12/2009
1234 MAPLE ST	$379,000	3	2	1,947	DETACHD	1/14/2009
1052 YATES ST	$389,900	3	1.1	1,286	DETACHD	1/12/2009
14498 CAMDEN LN	$469,900	4	2.1	1,918	DETACHD	1/15/2009
6067 CLAIRMONT CT	529000	4	2.1	2,344	DETACHD	1/12/2009
1862 KILKENNY DR	549900	3	2.1	2,485	DETACHD	1/15/2009
827 5TH ST	550000	3	2	2,124	DETACHD	1/16/2009
745 4TH ST	579000	3	2	2,662	DETACHD	1/12/2009
4116 ORCHARD WAY	683950	5	3.1	4,078	DETACHD	1/16/2009
15713 TARA PL	729000	4	2.1	3,442	DETACHD	1/17/2009
13601 GOODALL RD	875000	3	1.1	2,662	DETACHD	1/14/2009
17404 BERGIS FARM DR	1297000	5	4.1	5,394	DETACHD	1/17/2009
13770 CAMEO CT	2298000	4	5.1	6,929	DETACHD	1/14/2009

PENDING SALES (January 12, 2009 – Janaury 18, 2009, 2008)

Address	List Price	#BR	#BTHS	Total SF	Prop Type	CDOM
5225 JEAN RD	$189,875	2	2	1,100	CONDO	168
6291 HARRINGTON AVE	$249,900	3	2	1,472	DETACHD	99
4451 BERNARD ST	$349,950	3	2	1,800	DETACHD	190
5079 W SUNSET DR	$379,950	2	2.1	1,760	ATTACHD	336
18971 INDIAN SPRINGS CIR	$399,950	3	2	1,525	DETACHD	9
4 BRITTEN CT	$429,000	3	2.1	1,972	ATTACHD	74
1265 ROCKINGHORSE LN	$444,000	4	3	2,402	DETACHD	189
5364 LANGFORD LN	$715,950	3	2.1	3,022	DETACHD	258
14270 EDENBERRY DR	749900	4	2.1	2,935	DETACHD	104

SOLD (January 12, 2009 – January 18, 2009)

Address	O/Price	Close Price	#BR	#BTHS	Total SF	Prop Type	CDOM
7050 CHILDS RD	$498,000	$385,000	2	2	1,693	DETACHD	573
2584 PARK RD	$679,000	$480,000	4	2	2,302	DETACHD	279

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.