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
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
LIST DATE
|
| 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
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| 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 | ORIG. PRICE | SALE PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| 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 |
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.


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.
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.
Tuesday was such a momentous occasion, and many of us took time off from work to watch the inauguration and the rest of the exciting events of the day. In the afternoon I took one of the many photographs I’d shot from the television screen and emailed it with my best wishes to a huge list of family and friends. I called the photo and email “New Day in my Kitchen”.