Well, the school year has officially started, and we’re all back from our Labor Day festivities. From the look of things, real estate is still moving right along with 21 Pending sales this past week in Lake Oswego. We had 12 New properties come on market, and just 5 get to Sold status.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (August 31—Sept. 6, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
LIST DATE
|
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | List Date |
| 370 CERVANTES CIR | $130,000 | 2 | 1 | 832 | CONDO | 8/31/2009 |
| 5051 FOOTHILLS DR | $210,000 | 2 | 2 | 991 | CONDO | 8/31/2009 |
| 29 ORIOLE LN | $299,990 | 3 | 2.1 | 1,644 | DETACHD | 9/4/2009 |
| 15139 Tree RD | $315,000 | 3 | 2 | 1,328 | DETACHD | 8/31/2009 |
| 15112 QUARRY RD | $325,000 | 4 | 2 | 1,968 | DETACHD | 9/4/2009 |
| 1625 CLOVERLEAF RD | $364,900 | 3 | 2 | 1,996 | DETACHD | 9/3/2009 |
| 4774 OAKRIDGE RD | $374,000 | 3 | 1 | 2,104 | DETACHD | 9/2/2009 |
| 5460 BAY CREEK DR | $429,900 | 3 | 2.1 | 2,358 | DETACHD | 9/1/2009 |
| 19026 INDIAN SPRINGS RD | 435000 | 5 | 3 | 2,971 | DETACHD | 8/31/2009 |
| 1025 C AVE | 499500 | 3 | 2 | 2,261 | DETACHD | 9/2/2009 |
| 18842 BRYANT RD | 850000 | 4 | 2.2 | 3,528 | DETACHD | 9/2/2009 |
| 1633 MAPLE ST | 894950 | 3 | 3 | 3,405 | DETACHD | 9/4/2009 |
PENDING SALES (August 31 -Sept 6, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 7202 SW MONTAUK CIR | $109,900 | 2 | 1 | 968 | CONDO | 43 |
| 15938 QUARRY RD | $129,900 | 2 | 1 | 991 | CONDO | 62 |
| 45 CRESTFIELD CT | $138,900 | 2 | 1 | 923 | CONDO | 63 |
| 15868 PARKER RD | $169,900 | 2 | 1 | 780 | DETACHD | 168 |
| 4 TOUCHSTONE | $179,500 | 2 | 2 | 984 | CONDO | 19 |
| 668 MCVEY AVE | $179,850 | 2 | 1.1 | 976 | CONDO | 1022 |
| 1432 LAUREL ST | $269,500 | 2 | 1 | 920 | DETACHD | 85 |
| 3290 WEMBLEY PARK RD | $278,910 | 5 | 3 | 2,614 | DETACHD | 29 |
| 6310 CARMAN DR | 349900 | 3 | 2.2 | 1,270 | DETACHD | 86 |
| 14141 GOODALL RD | 359900 | 3 | 2.1 | 1,754 | DETACHD | 91 |
| 2851 PARK RD | 399000 | 4 | 2.1 | 2,674 | DETACHD | 137 |
| 126 CONDOLEA DR | 449000 | 3 | 3 | 2,664 | CONDO | 680 |
| 13342 AUBURN CT | 475000 | 3 | 2.1 | 2,389 | ATTACHD | 75 |
| 1921 GLENMORRIE LN | 499000 | 3 | 3 | 2,395 | DETACHD | 49 |
| 2925 ORCHARD HILL PL | 499900 | 3 | 2.1 | 2,418 | DETACHD | 148 |
| 13176 SANDALWOOD CT | 589000 | 4 | 2.1 | 2,982 | DETACHD | 306 |
| 5421 Bay Creek DR | 599000 | 4 | 2.1 | 3,241 | DETACHD | 138 |
| 799 COUNTRY CLUB RD | 600000 | 6 | 2.1 | 4,410 | DETACHD | 784 |
| 17878 HILLSIDE DR | 895000 | 5 | 3 | 3,462 | DETACHD | 34 |
| 17211 KELOK RD | 1399000 | 3 | 3.1 | 5,384 | DETACHD | 91 |
| 16737 MAPLE CIR | 1400000 | 3 | 3 | 1,683 | DETACHD | 144 |
SOLD (August 31-Sept. 6, 2009)
| ADDRESS | ORIG. PRICE | SALE PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 1889 BOCA RATAN DR | $229,900 | $230,000 | 3 | 2 | 1,393 | ATTACHD | 7 |
| 3355 UPPER DR | $470,000 | $440,000 | 4 | 2 | 3,205 | DETACHD | 23 |
| 181 3RD ST | $739,000 | $635,000 | 2 | 2 | 1,523 | CONDO | 196 |
| 22 INDEPENDENCE AVE | $724,000 | $675,500 | 7 | 4.1 | 4,066 | DETACHD | 26 |
| 511 6TH ST | $988,000 | $825,000 | 5 | 3.1 | 4,000 | DETACHD | 146 |
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.

According to the latest Market Action Report for the Portland area “Closed sales in the Portland metro area for July 2009 eclipsed last July’s total by 8.6%, marking the first time same-month closed sales have increased since April 2007. Pending sales also grew 8.3%. New listings dropped 25.4% . Comparing July 2009 with June 2009, closed sales increased 11.9% (1,988 v. 1,776) and pending sales were up a slight 0.3% (2,170 v. 2,164). New listings fell 8.2% (3,907 v. 4,257).”
Here in Lake Oswego we are blessed with the long, warm days of summer that come on the heals of the misty and rainy days of May and June. The combination, along with personal commitment to gardening, leads to a rich bounty that is currently at its abundant peak. I don’t know of a better place to see this, in all of its glory, than at the community garden at Luscher Farm.
The community garden is just one part of Luscher Farm, but it is a high-light, for sure.
If you are not a returning gardener, but would like to have a garden plot next summer, I recommend that you call the City of Lake Oswego Parks and Recreation Department on December 1st to find out the date and time that the plots will be distributed. In the past they were given out on a first-come-first-served basis and all plots were gone within an hour or two of being offered. This year they are considering a lottery system, but that decision has not been made. The phone number for Parks and Recreation at the City of Lake Oswego is 503-697-6500.
Luscher Farm is also home to the
your good health. In the summer shareholders pick up the bounty of the crops on a weekly basis. In the late fall through early spring it is less frequent, but it still happens. I visited the wesite for 47th Avenue Farms and found discriptions of various share options, but no specific pricing. I would imagine that next year’s membership is still being formulated. There is a link to a waiting list as well as for e-mailing to get information. The website is