Market Activity October 6 – Oct 12, 2014

Hey all, It’s time to start thinking about Halloween! Looks like things are starting to settle a bit from the busy real estate market we had over the spring and summer. This time around We had 16 new listings, 14 pending sales, and 11 closed/sold properties. Let’s have a look!

Following is the breakdown according to RMLS:

New on Market (Oct 6-Oct 12, 2014)

Address Type Price Bedrooms Bathrooms Sqft
86 Kingsgate RD G203 Condo 144,900 2 2 849
5058 Foothills DR Condo 239,900 2 2 1252
4524 Lower DR A3 Condo 315,000 3 2.5 1650
6360 McEwan RD Detached 337,000 3 1.5 1450
13197 Thoma RD Detached 399,900 3 1.5 1640
6550 Childs RD Detached 400,000 2 2 1346
12836 Sierra Vista DR Detached 485,000 4 2.5 2166
5830 Sunbrook DR Detached 575,000 4 2.5 2810
17821 Hillside Way Detached 589,000 4 3.5 3442
3075 Tolkien LN Detached 649,000 3 2.5 2667
1287 Bickner ST Detached 699,500 4 3.5 2665
17171 Lowenberg TER Detached 747,000 4 2.1 3002
4123 Chad DR Detached 854,950 4 3.1 3833
15195 Lily Bay CT Detached 898,000 4 2.5 4099
1920 Glenmorrie DR Detached 1,199,900 3 3.5 4370
1539 Lake Front RD Detached 1,399,900 4 3.5 3385

Pending Sales (Oct 6 -Oct 12, 2014)

Address Type Price Bedroom Bathrooms Sqft DOM
4610 Lower DR Condo 114,900 2 1.5 1260 14
6928 Montauk CIR Condo 125,000 2 1 960 21
900 Cornell ST Detached 240,000 3 1.5 1300 4
16266 Lake Rorest BLVD Detached 369,900 3 2 1860 111
5959 Dove CT Detached 379,900 2 2 1552 6
4208 Harvey WAY Detached 399,900 4 2 2132 76
1530 Larch ST Detached 450,000 3 3 2384 22
804 2ND ST Attached 459,900 4 3 2224 50
6158 Frost LN Detached 464,900 3 2.5 2109 32
2584 Park RD Detached 549,999 4 2 2302 110
18936 Bryant RD Detached 710,000 4 4 4100 189
1267 Maple ST Detached 899,000 3 2.5 3388 7
925 Iron Mountain BLVD Detached 1,119,000 4 3.5 3555 119
3072 Lakeview BLVD Detached 1,150,000 5 5.5 4030 159

SOLD (Oct 6 -Oct 12, 2014)

Address Type List Price Close Price Sqft DOM
18325 SW 65TH AVE Detached 315,000 278,750 1071 67
466 5TH ST #14 Condo 310,000 310,000 1092 27
19180 Indian Creek AVE Detached 365,000 342,000 2392 12
16494 Inverurie RD Detached 349,000 355,000 1200 7
257 C AVE Detached 449,000 372,000 1600 105
14594 Wilmot WAY Detached 420,000 410,000 1710 0
811 Sunny Hill DR Detached 499,999 463,150 2964 53
502 Northshore RD Detached 849,000 846,000 2834 7
17509 Ridgeview LN Detached 1,119,000 1,110,00 3938 3
3130 Douglas CIR Detached 1,448,000 1,448,000 3970 75
199 Furnace ST Condo 1,950,000 1,800,000 5772 63

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.

Market Activity Sept 15 – 21, 2014

It has been a busy week in Lake Oswego, many homes have come and gone. Here is an update for the new homes as well as those pending and those that have sold.
16 new listings
23 pending listings
26 sold

Following is the breakdown according to RMLS:

New on the Market (Sept 15-21, 2014)

Address Type Price Bedrooms Bathrooms Sqft
6928 Montauk Cir Condo 125,000 2 1 960
Botticelli St Condo 179900 2 2 1055
6262 Wayzata CT Detached 328950 3 1.5 1276
5281 Chinook CT Detached 359900 3 2 1471
47 Oriole Ln Detached 399500 3 2.5 1758
939 Devon Ln Detached 399900 3 2 2165
4242 Cobb Way Detached 449800 3 2 1589
4636 Auburn Ln Detached 499900 3 3.5 2732
24 Morningview Ct Detached 535000 4 3.5 2817
17680 Blue Heron Way Detached 649900 4 2.5 2363
2031 Lilli Ln Detached 779995 3 3.5 3418
4055 Orchard Dr Detached 785000 4 3.5 3350
12810 Alto Park Rd Detached 944000 5 3.5 4160
1495 Country Club Rd Detached 1250000 4 2.5 4028
17138 Cedar Rd Detached 1569000 3 3.5 3017
13286 Goodall Rd Detached 1750000 5 5.5 + .5 6819

Pending Sales (Sept 15-25, 2014)

Address Type Price Bedroom Bathrooms Sqft DOM
155 Oswego Smt Condo 199900 2 2 1506 241
2 The Grotto Detached 315000 2 2 1156 34
139 Del Prado St Detached 399000 4 2 2967 116
16 Polonius ST Detached 400000 3 2.5 2588 147
377 Livingood Ln Detached 400000 3 2.5 2409 3
5795 Langford Ln Detached 415000 2 2 1687 4
995 Southshore Blvd Detached 459900 5 2 2571 155
3718 Lake Grove Ave Detached 469900 4 3 2523 115
5222 Carman Dr Detached 474900 3 2 2543 173
5023 Hampton CT Detached 494900 3 2 2284 151
16901 Lakeridge Dr Detached 499000 4 3 2080 104
2802 Greentree Rd Detached 499500 3 2 2548 45
17336 Canyon Ct Detached 549000 4 3 3081 198
18910 Terry Ave Detached 597700 4 4.5 4290 73
4821 Dawn Ave Detached 599000 3 2 1854 5
3894 Tamarack Ln Detached 825000 4 3.5 4035 39
14128 Goodall Rd Detached 839000 4 2.5 2960 118
502 Northshore Rd Detached 849000 3 3 2834 7
16525 Maple Cir Detached 1395000 3 3.5 3443 287
1103 Lake Shore Rd Detached 1395000 4 3 3747 112
199 Eurnace St Detached 1950000 3 3.5 5772 63
2015 Strt of Dreams Lot 7 Detached 1950000 4 4.5 4000 0
17301 Canal Cir Detached 1999999 5 4.5 3843 89

Sold/Closed (Sept 15-21, 2014)

Address Type List Price Close Price Sqft DOM
1720 Bonniebrae Dr Attached 287500 287000 1611 66
4291 Woodside Cir Attached 325000 315000 2026 49
1795 Fernwood Dr Detached 339900 325000 1220 17
5010 Oakridge Rd Detached 317500 328000 1182 4
1310 Oak Ter Detached 379000 372000 900 17
15 Touchstone Detached 425000 425000 2276 34
18929 Longfellow Ave Detached 446000 446000 1800 7
17441 Cardinal Dr Detached 449500 457500 1836 2
18893 Indian Springs Cir Detached 549000 460000 2841 132
4575 Oakridge Rd Attached 460000 465000 1927 49
23 Touchstone Detached 525000 475000 3144 81
17187 Carlson Ct Detached 495000 485000 2082 10
5101 Dawn Ave Detached 510000 487500 2700 260
1282 Hide A Way Ln Detached 560000 515000 3300 65
4311 Orchard Way Detached 549900 520000 3010 227
1286 Larch St Detached 600000 525000 2410 97
4105 Wood Hill Ct Detached 699900 600000 3154 75
3333 Royce Way Detached 609007 614999 2697 295
1403 Greentree Cir Detached 669000 635000 4047 47
435 8th St Detached 759000 660000 2394 116
1640 Oak St Detached 695000 665000 3301 186
543 2nd Ave Condo 686000 670000 1816 69
14150 Amberwood Cir Detached 675000 675000 2500 14
2630 Rivendell Rd Detached 769900 690000 4611 413
658 1st St Detached 699000 699000 3359 3
13777 Cameo Ct Detached 1700000 1585000 7300 38

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.

Market Activity Sept 8-14, 2014

It certainly feels like the waning days of summer with the crisp fell of fall in the evening air. Our market continues to be strong, although less active as it was over the summer. Last week in Lake Oswego we had 20 new listings, 17 houses go into pending status and 7 sold/closed sales.

Following is the breakdown according to RMLS:

New on the Market (Sept 8-14, 2014)

Address Type Price BR Bths SF
4 Touchstone #76 Condo $124,000 2 2 984
10 Cervantes Circle Condo $149,900 2 1.5 912
1531 Boca Ratan Dr Attached $289,000 3 2 1755
468 5th St Condo $310,000 2 1.5 1092
20 Aquinas St Detached $410,000 4 2.5 1814
143 Kingsgate Rd Detached $469,000 3 2 2618
804 2nd St Attached $505,000 4 3 3548
2626 Park Rd Detached $537,500 4 3 2475
1868 Kilkenny Dr Detached $550,000 3 2.5 2500
17102 Campus Way Detached $575,000 4 3 2626
17941 Meadowlark Ln Detached $579,000 4 3.5 3905
4821 Dawn Ave Detached $599,000 3 2 1854
17704 Treetop Ln Detached $695,000 5 3.5 3975
2823 Glen Haven Rd Detached $749,900 5 4 3015
14220 Bridge Ct Detached $750,000 4 2.5 3419
1623 Glenmorrie Dr Detached $850,000 5 4.5 5656
16342 Ivy Ln Detached $939,900 5 3.5 4645
2543 Palisades Crest Detached $998,900 3 2.5+.5 4141
1880 Crest Dr Detached $1,650,000 3 3 2800
1150 Fairway Rd Detached $3,750,000 5 5.5 8527

Pending Sales (Sept 8-14, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #91 Condo $122,500 2 2 984 23
86 Kingsgate Rd C102 Condo $131,000 2 2 924 4
4000 Carman Dr #28 Condo $144,000 2 2 884 4
200 Burnham Rd #301 Condo $159,000 1 1 948 22
5058 Foothills Dr A Condo $239,900 2 2 1252 12
18660 Don Lee Way Detached $259,900 3 1 946 35
18852 Longfellow Ave Detached $309,900 3 1.5 1232 49
14594 Wilmot Way Detached $420,000 3 2.5 1710 0
17688 Cardinal Ct Detached $459,000 3 3 1970 14
13448 Auburn Ct Attached $525,000 3 2.5 2535 4
100 D Ave Attached $539,000 2 2.5 1847 7
754 5th St Detached $770,000 3 3 2179 9
2175 Crest Dr Detached $799,900 3 3 2950 20
814 Lake Shore Rd Detached $899,000 3 2.5 1972 78
2943 Lakeview Blvd Detached $979,900 4 3 3794 419
744 9th St Detached $1,239,000 4 3.5 4255 46
17442 Ridgeview Ln Detached $1,325,000 4 3.5+.5 5036 198

Sold/Closed (Sept 8-14, 2014)

Address Type List Price Closed Price Sq Ft CDOM
6360 McEwan Rd Detached $275,500 $260,000 1450 83
827 5th St Detached $689,000 $659,000 2124 50
17288 Lowenberg Ter Detached $875,000 $847,000 3467 22
16672 Fir Ln Detached $899,000 $905,000 4,179 119
1776 Oak St Detached $925,000 $910,000 4012 5
590 Oak Meadow Dr Detached $1,249,000 $1,249,000 4673 5
16775 Graef Circle Detached $1,450,000 $1,400,000 2448 52

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.

Market Activity August 25-31, 2014

Here is your Latest Market Data: last week in Lake Oswego we saw 13 New properties enter the market, 15 move to Pending status, and 17 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (Aug 25-31, 2014)

Address Type Price BR Bths SF
48 Eagle Crest Dr 1C Condo $169,950 2 2 1370
5061 Foothills Dr G Condo $199,900 2 2 991
5058 Foothills Dr A Condo $239,900 2 2 1252
18963 Longfellow Ave Detached $325,000 3 1.5 1232
4631 Wildwood St Detached $399,900 3 2 1650
17688 Cardinal Ct Detached $459,000 3 3 1970
3 Bolivar St Detached $524,900 4 3.5 4782
768 Berwick Ct Detached $549,900 3 2 1731
1210 Wells St Detached $750,000 3 3.5 4494
4090 Westbay Rd Detached $765,000 3 2 2078
63 Nansen Summit Detached $899,900 4 3.5 3202
16650 Fir Ln Detached $1,279,000 4 3.5 3860
17344 Cedar Rd Detached $1,325,000 5 2.5 2831

Pending (Aug 25-31, 2014)

Address Type Price BR Baths SF DOM
366 Cervantes Circle 14-C Condo $136,500 2 1 832 2
6360 McEwan Rd Detached $265,500 3 1.5 1450 83
466 5th St #14 Condo $310,000 2 1.5 1092 27
23 Falstaff ST Detached $329,500 3 2 1434 53
475 8th St Detached $375,000 3 1 960 0
562 2nd St Condo $379,900 2 2.5 1302 177
17211 Robb Pl Detached $439,000 3 2 2085 68
2195 Glenmorrie Ln Detached $521,900 3 2 2461 102
4311 Orchard Way Detached $525,000 4 2.5 3010 227
11 Juarez St Detached $550,000 4 2.5 2551 91
33 Morningview Circle Detached $550,000 3 2.5 2737 123
17641 Brookhurst Dr Detached $659,000 4 2.5 3386 34
551 2nd St Condo $660,000 2 2 1631 74
3894 Tamarack Ln Detached $825,000 4 3.5 4035 20
1400 Ridgecrest Dr Detached $1,649,500 4 4 3859 15

Sold/Closed (Aug 25-31, 2014)

Address Type List Price Closed Price Sq Ft CDOM
100 Kerr Parkway #54 Condo $89,900 $86,900 617 2
5720 Kenny St Detached $299,900 $270,000 1416 64
14360 Uplands Dr Detached $468,000 $275,000 2943 483
16200 Pacific Hwy #15 Condo $279,900 $275,000 1,200 6
3009 Wembley Park Rd Detached $365,000 $375,000 1763 3
50 Condolea Ct Condo $425,000 $398,000 2760 85
15115 Twin Fir Rd Detached $409,900 $400,000 1392 160
15422 Partridge Dr Detached $420,000 $405,000 2580 49
4908 Mulholland Dr Attached $439,000 $429,000 2498 8
54 Aquinas St Detached $499,900 $495,000 2632 90
828 5th St Detached $550,000 $535,000 1884 10
1611 Highland Dr Detached $549,000 $549,000 2,675 14
14564 Kruse Oaks Blvd Detached $689,900 $674,250 3001 10
2479 Marylview Ct Detached $769,000 $756,675 3832 18
1603 Bay View Ln Detached $849,000 $775,000 3650 57
5347 Denton Dr Detached $785,000 $779,000 3240 1

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

Market Activity May 26-June 1, 2014

Last week was an extremely balanced real estate market in Lake Oswego with 21 New Listings, 22 that went to pending status, and 22 sold/closed. Congratulations to the sellers at 3232 Lakeview Blvd who sold their lake front home after 1113 days on the market! Following is the breakdown according to RMLS:

New on the Market (May 26-June 1, 2014)

Address Type Price BR Bths SF
3433 Mcnary Pkwy #802 Condo $209,500 2 2.5 1136
77 Condolea Way Condo $320,000 3 3 2143
15364 Twin Fir Rd Detached $375,000 3 2 1608
200 Burnham Rd #210 Condo $449,900 3 2 1966
7 Windsor Ct Detached $495,000 5 2.5 2728
12 Mozrteum Ct Detached $495,000 4 2.5 2915
16943 Greentree Ave Detached $499,000 4 3.5 2433
27 Da Vinci St Detached $499,027 4 3 2940
3718 Lake Grove Ave Detached $500,000 4 3 2523
1765 Conifer Dr Detached $524,888 4 2.5 2334
23 Touchstone Detached $525,000 5 4 3144
11 Juarez St Detached $595,000 4 2.5 2551
877 Cornell St Detached $669,900 3 3 3100
13437 Provincial Hill Way Detached $675,000 4 2.5 2864
1603 Bay View Ln Detached $849,000 4 2.5 3650
927 10th St Detached $949,900 4 2.5 2780
16359 Chapin Way Detached $1,250,000 4 3.5 4158
2445 Glenmorrie Dr Detached $1,479,900 4 5 5187
1103 Lake Shore Rd Detached $1,498,500 4 3 3747
16865 Greenbriar Rd Detached $2,988,897 5 5 6235
16697 Maple Circle Detached $4,295,000 4 3.5 3146

Pending Sales (May 26-June 1, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #106 Condo $119,900 2 2 984 2
109 Oswego Summit Condo $149,900 2 2 1212 34
198 Cervantes Attached $229,000 2 1.5 1266 26
23 Bloch Terr Attached $269,000 2 2 1394 45
12 Saint Helens Circle Detached $324,900 3 2.5 2022 98
18004 Belmore Ct Detached $349,900 3 2 1410 2
790 Laurel St Detached $379,850 3 2 2040 5
4956 Galen St Detached $399,999 4 2.5 2431 45
13911 Shireva Dr Detached $414,900 4 2 1835 2
524 2nd St Condo $420,000 2 2.5 1547 0
4747 Upper Dr Detached $450,000 3 1 2046 55
13053 Sierra Ct Detached $464,900 4 2.5 2215 87
1858 Southshore Blvd Detached $465,000 4 2 2068 45
1731 Highland Dr Detached $469,000 4 2 2636 21
5189 Coventry Ct Detached $495,000 3 2.5 1936 21
3601 Red Cedar Way Detached $507,000 4 2 2226 86
4 Churchill Downs Detached $509,500 4 3.5 3188 1
4900 Upper DR Detached $549,000 3 2 2468 6
4264 Westbay Rd Detached $549,900 3 2 1308 16
340 8th St Detached $589,000 3 2 2038 14
5184 Woodcrest Ln Lot 1 Detached $639,900 4 2.5 2935 161
3130 Douglas Circle Detached $1,448,000 4 3.5 3970 75

Sold/Closed (May 26-June 1, 2014)

Address Type List Price Closed Price Sq Ft CDOM
78 Galen St Condo $139,000 $135,000 995 5
5052 Foothills Dr E Condo $249,900 $240,000 1252 7
1728 Boca Ratan Dr Attached $275,000 $272,000 1393 7
39 Greenridge Ct Attached $270,000 $275,000 1,664 7
5766 Langford Ln Detached $379,500 $340,000 1327 53
46 N Condolea Ct Condo $357,000 $345,000 2958 76
18307 Longfellow Ave Detached $359,900 $348,500 1440 12
6150 Kenny St Detached $465,000 $365,000 1989 12
14150 Goodall Rd Detached $374,900 $374,900 1565 3
4677 Oakridge Rd Attached $424,900 $424,200 1738 3
5063 Greensborough Ct Detached $425,000 $440,000 1647 2
2766 Greentree Rd Detached $499,500 $450,000 2,753 251
3102 Duncan Dr Detached $529,000 $480,000 3910 22
4910 Lower Dr Detached $529,900 $499,900 2151 376
3801 Olson Ct Detached $469,900 $515,000 3014 5
16198 Nola Ct Detached $598,950 $603,950 2425 26
17532 Oak Meadow Ln Detached $669,000 $635,000 3046 42
13555 Fielding Rd Detached $749,900 $680,000 3,656 112
18112 Westminster Dr Detached $750,000 $690,000 4391 164
5112 Woodcrest Ln Detached $799,900 $768,000 3340 27
1221 Forest Meadows Way Detached $1,200,000 $1,000,000 4150 325
3232 Lakeview Blvd Detached $6,300,000 $2,250,000 7000 1113

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

Popcorn Ceilings

800px-Popcorn_ceiling_texture_close_upPopcorn ceilings were a common and widely used ceiling finish from the 1950’s to the early 1980’s. Builders loved the stuff. It sprayed on, so did not require a lot of skill to apply, it covered defects to create a nice, uniform appearance, and it was a bright white color that consumers liked. What was popular then is not at all popular today.

From an aesthetic perspective, buyers today just don’t like the look. It stamps the house as “dated”. But from a health perspective, these ceilings can be a health hazard because many of them contain asbestos.

Asbestos is a small fiber that if air born and breathed in, lodges itself into the lungs and can not be exhaled. Over time it causes inflammation, irritation, and can lead to lung cancer. So, yes, it’s nasty stuff.

In 1978 the use of asbestos in ceiling treatments was banned by the Clean Air Act. However, to minimize the economic impact, existing supplies were exempt and used until they were gone. So the product continued to be used until sometime in the 1980’s.

For Sellers
If you are selling a home with popcorn ceilings, consider having the ceilings tested. Buyers are going to be asking about the ceilings and having a professional lab report will answer that question right up front. It’s also entirely possible that your ceilings do not contain asbestos. Not all popcorn ceilings do. This same lab report could work to your benefit if this is the case.

I would also suggest that you may want to have the ceilings removed. This would be an instant update and enhance the desirability of your home for prospective buyers. Get professionals to address the ceiling removal. Asbestos must be handled by licensed professionals with all proper precautions taken. I actually represented a buyer on one occasion where we learned the home owners grandson had done the removal of asbestos. We left the house and never went back in considering the entire home to now be a health hazard.

For Buyers
Do not let the popcorn ceilings keep you from buying a house that you love. As part of the inspection process have the ceilings professionally tested and then negotiate a solution with the seller.

Remember too that asbestos, when contained and not in the air is not harmful. You have to breath it in to have it hurt you. So if the ceiling is in good condition and not touched, it is not dangerous. This would come down to your own personal feeling of what is and is not acceptable.

Many really beautiful homes have popcorn ceilings. In time I predict that nearly all of these ceilings will be removed. For both buyers and sellers, you need to be knowledgeable and go into the transaction with open eyes.

Now I am off to enjoy this gorgeous weather!
Dianne

The Open House

photo-1There are few subjects that Realtors are quite as opinionated about as open houses. Some think they are great while others swear them off like the plague. I think it might be helpful to give you my take on the subject.

Open Houses have value and are worth having
It is true that your home is not likely to sell as the result of an open house, but it does happen. I would estimate that I have sold at least a dozen homes over the years from an open house. I have sold homes to people who walk in cold with no Realtor, but more often I have had people who came to my open go back to their own buyer’s agent and ask them to write up the offer.

There are two types of open houses
Public open houses are advertized to the general public, usually on websites like rmls.com, our property blotter, and on-line classifieds like trulia. It is important that the public open be advertized. While I enjoy meeting the neighbors, I want people to come through who know the price and size and are there because it fits their needs. Public open houses are usually on Sundays between noon and 4 pm. They usually are hosted for 2 to 3 hours somewhere in that window of time.

Broker’s opens are held on Tuesdays here in Lake Oswego. They usually go from 11am to 1pm. Most real estate offices have a sales meeting on Tuesday mornings about 9am. The broker tour is intended to create an easy opportunity for one or a group of Realtors to easily gain access to houses to preview them for clients.

Realtor’s have fantastic Internet access to photos and maps for homes which makes the need for Broker’s Tour much less than it used to be. But I put every listing on Broker’s Tour and then I host the open so that I can talk to other Realtors and really point out the features of the house. There are enough Realtors who do physically tour to make this an important part of my marketing. I also really love the professional networking that happens.

Buyers go to Open Houses
I think most people who are considering buying a home feel compelled to hop into their cars on Sundays and go drive about looking for open houses. Even with the Internet, there is nothing like going inside of houses.

Get your house ready!
Have your house spotlessly clean, drapes and blinds wide open, and the rooms properly staged. Open houses can be a real motivator to work on and maintain your house in show-ready condition.

Feel free to give Linda or myself a call if you have any questions or if you are thinking about getting in gear to sell your home. We would love to be of help.
Dianne

Market Activity Nov 11-17, 2013

Last week in Lake Oswego there were 14 new listings, 14 pending sales, and 9 closed sales.

Here is the breakdown of activity according to RMLS:

NEW LISTINGS (Nov 11-17, 2013):

Address Type Price BR Bths SF
48 Eagle Crest Dr 4A Condo $169,000 2 2 1489
3894 Botticelli St Attached $184,900 2 1.5 1132
1561 Bonniebrae Dr Condo $249,900 3 2 1393
105 Rosewood St Detached $319,000 3 1 1848
5785 Carmand Dr Detached $344,900 5 2 1934
18341 Fernbrook Ct Detached $379,900 4 2 1872
920 York Rd Detached $415,000 4 2.5 2701
18978 Indian Springs Cir Detached $424,900 3 2 1900
231 Laurel St Detached $435,000 3 3 2244
6 Yorick St Detached $495,000 5 3 1964
3541 Red Cedar Way Detached $539,000 4 3 1964
1830 Cloverleaf Rd Detached $599,000 3 2.5 1857
5616 Grand Oaks Dr Detached $619,000 4 3 3096
1495 Oak Terrace Detached $2,279,000 4 4 3983

PENDING SALES (Nov 11-17, 2013)

Address Type Price BR Baths SF DOM
47 Eagle Crest Dr C31 Condo $94,000 2 1 1009 400
15938 Quarry Rd 4-A Condo $139,500 2 1 991 17
4 Touchstone #62 Condo $149,500 3 2.5 1351 46
5164 Lakeview Blvd Detached $246,000 4 2 1120 10
2440 Greentree Rd Detached $349,900 3 1.5 1850 28
4271 Woodside Circle Attached $360,000 3 2 2126 99
17310 Canal Circle Detached $375,000 4 2 1633 21
340 4th St Attached $399,900 2 2.5 1731 2
10 Juarez St Detached $500,000 3 2.5 3740 161
18042 Jenifers Way Detached $649,950 4 3 2946 109
280 E Ave Detached $699,000 4 2.5 2500 289
3826 Upper Dr Detached $739,900 4 2.5 3194 14
14530 Uplands Dr Detached $899,000 4 3.5 4080 409
735 7th St Detached $939,000 3 3.5 2945 125

SOLD (Nov 11-17, 2013)

Address Type List Price Closed Price Sq Ft CDOM
15495 Brianne Ct Attached $235,000 $235,500 1292 35
1784 Bonniebrae Dr Attached $270,000 $248,000 1393 36
720 Pebble Beach Ct Detached $405,000 $390,000 1957 62
1250 Hemlock St Detached $399,950 $398,450 2,656 90
4979 Bilford Ln Detached $467,590 $468,000 2200 7
14058 Chatham Ct Detached $519,900 $525,000 2235 4
5555 Fieldstone Ct Detached $589,500 $569,500 2664 153
5780 Childs Rd Detached $669,000 $610,000 2770 149
622 Carrera Ln Detached $995,000 $825,000 5446 84

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 7/28/13

There are 30 houses being held open in Lake Oswego this Sunday. It will be a great tour!

Address Price Type Bedroom Bath Open
4458 Thunder Vista Ln $225,000 Condo 2 2.5 1 to 4
4302 Botticelli St #2 $235,000 Attached 3 3.5 1:30 to 4
5056 Foothills DR D $239,900 Condo 2 2 1 to 3
16291 Lake Forest Blvd $244,950 Detached 2 1 1 to 3
12808 Boones Ferry Rd $279,000 Attached 3 2.5 1 to 3
6241 Wayzata Ct $279,000 Detached 3 1 1 to 4
5195 Firwood Rd $379,000 Detached 3 3 1 to 4
4200 Westbay Rd $399,000 Detached 2 1 1 to 4
1 Hidalgo St $448,500 Detached 3 2.5 1 to 3
1250 Hemlock St $449,950 Detached 5 2 1 ro 4
4890 Sage Hen Circle $474,900 Detached 4 2.5 12:30 to 2
1501 Koawood Dr $499,000 Detached 4 3 2 to 4
2401 Glen Haven Rd $575,000 Detached 5 3 1:30 to 3:30
1535 Larch St $575,000 Detached 4 3 1 ro 4
5555 Fieldstone Ct $579,500 Detached 3 2.5 2 to 4
246 Greenwood Rd $589,900 Detached 3 3 1 to 3
18453 Tamaway Dr $609,900 Detached 4 2.5 1 to 3
11 Masaryk St $619,900 Detached 5 4 2:30 to 4:30
2478 Marylview Ct $679,900 Detached 5 3 1 to 3
208 Northshore Rd $685,000 Detached 5 3 1 to 4
5267 Lakeview Blvd $724,900 Detached 4 3.5 1 to 3
5900 Suncreek Dr $749,000 Detached 5 2.5 2 to 4
16805 Scott Ct $868,000 Detached 4 3.5 2 to 4
878 7th St $889,500 Detached 4 3.5 1 to 3
18024 Skyland Circle $969,000 Detached 3 3.5+.5 1 to 4
13537 Fielding Rd $995,000 Detached 4 3.5 1 to 4
752 E Ave $1,098,950 Detached 3 3 1 to 4
13310 Atwater Ln $1,395,000 Detached 5 4 1 to 3
1475 Chandler Rd $1,485,000 Detached 5 4.5 1 to 5
112 Northshore Circle $1,560,000 Detached 3 3.5 11 ro 4

Featured Property

Marjorie 021Marjorie 004Marjorie 002Marjorie 015I’d like to introduce you to my new listing in Lake Oswego at 17380 Marjorie Ave. Located in the heart of Palisades, this house enjoys a fantastic, very large lot. The big, grassy backyard is perfect for play and active living. The house was built in 1960, but has had quite a lot of recent updating. Recent improvements include: roof, gutters, electric panel, furnace, windows, exterior paint, and carpet. There are 4 bedrooms and 2 full baths. While the master does not have a bath attached, the bath that is closest to the master has a jetted tub. Both baths have been updated, as has the kitchen with newer cabinets and a gas range.

Priced at $359,000, it is easily the best value currently available in Palisades. To get further information or to make an appointment to see the interior, this weekend please call Linda Rossi at 501-318-2116.

Dianne