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
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
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
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
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 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 List Date CDOM
13915 SUNDELEAF DR $998,000 $895,000 4 3.1 4,090 DETACHD 10/1/2008 797

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.

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
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
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
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
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 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
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

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.

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.

Open Houses for the weekend of January 17-18, 2009

golden-frontThere are 20 scheduled open houses being promoted on the RMLS this weekend, including my open house at 4447 Golden Lane. I’ll be there from 1-4. It’s an end-unit townhouse in Mt. Park with 2 bedrooms and 2.5 baths. Listed for $284,900, the Kitchen has new granite counters. There are walls of South-facing windows that let in lots of light and give the home large views of the gorgeous landscaping. To get there, take Carmen Drive to Fosberg, to Melrose, to Thundervista, to Golden. You’ll see my signs at the intersection of Fosberg and Melrose. Please come by, I’d love to meet you.

Here are the open houses scheduled for Saturday, January 17th:

624 Livingood Ln, $574,900, 4 BR, 3 BTHS, 2596 SF, Open 1-3
1322 Rosemont Rd, $749,900, 4 BR, 3.5 BTHS, 3836 SF, Open 1-4

Here are the open houses scheduled for Sunday, January 18th:

4320 Cornwall St, $214,950, 2 BR, 1 BTH, 1000 SF, Open 2-4
4447 Golden Ln, $284,900, 2 BR, 2.5 BTHS, 1616 SF, Open 1-4
18959 Kristi Way, $384,400, 3 BR, 2 BTHS, 1778 SF, Open 1-3:30
1480 Hemlock St, $428,850, 4 BR, 3 BTHS, 2246 SF, Open 1-3
1650 Fircrest Dr, $429,000, 4 BR, 3 BTHS, 2268 SF, Open 1-4
3486 Ponderosa Loop, $429,000, 4 BR, 2.5 BTHS, 2453 SF, Open 12-4
75 Condolea Way, $449,000, 3 BR, 3 BTHS, 2131 SF, Open 1-3
2453 Marylhurst Dr, $479,000, 4 BR, 2 BTHS, 2073 SF, Open 12-3
5624 Southwood Dr, $599,900, 4 BR, 3 BTHS, 3120 SF, Open 1-4
3254 Duncan Dr, $599,900, 4 BR, 3.5 BTHS, 3997 SF, Open 2-4
13222 Deerfield Ct, $679,500, 4 BR, 2.5 BTHS, 3022 SF, Open 1-3
3456 Chelan Dr, $709,900, 5 BR, 3.5 BTHS, 3677 SF, Open 1-3
5267 Lakeview Blvd, $750,000, 4 BR, 3.5 BTHS, 3425 SF, Open 1-4
426 7th St, $778,950, 4 BR, 2.5 BTHS, 2902 SF, Open 1-4
15195 Lily Bay Ct, $924,900, 4 BR, 2.5 BTHS, 4099 SF, Open 12-4
3030 Westview Ct, $959,000, 4 BR, 2.5 BTHS, 3415 SF, Open 2-4
943 Atwater Rd, $1,235,000, 4 BR, 2.5 BTHS, 3874 SF, Open 12-2
13200 Thoma Rd, $1,995,000, 5 BR, 5 full + 2 half BTHS, 7648 SF, Open 2-4

This is going to be a great weekend to see some houses. Enjoy the sunshine!

What should I offer?

aressign1This is probably the single most common question that buyers universally ask. After all, you want to get the property for a fair price that is not too high, but you also have other concerns that you want to address. How do you frame the offer to cover all of your concerns?

The first step, in my opinion, is to have your Realtor prepare a market analysis for the neighborhood in which the home that you like is located. You want to know what other homes have sold for. The houses that are used should have sold as recently as possible, going no further back than 6 months. They also need to be as similar as possible in age, size, and condition. There will always be a bit of a range in the value. Houses that sell at the low end usually have issues with either condition or location. Houses at the high end are in top-notch condition with recent upgrades and remodeling. Then there is the average. An average home is clean and in nice condition but does not necessarily have completely new kitchens and baths, or perhaps has upgrades that are not high-end. The home you are considering: where does it fit in this range? Knowing what the neighborhood is selling for, and having an idea of where your prospective home fits in the range, will tell you what the market is proving to be the value for the home. This method allows you to know if a property is over priced or a smokin’ deal. You also want to take into consideration the market history on the property. If the house has been on the market for an extended period of time without dropping the price, then it is obviously over-priced and the seller will need to negotiate down to get it sold. If it’s been on the market a long time, but the current price is a recent and large reduction, perhaps the seller has already come down enough to have the house at a fair-market value. And a house that is newly listed is less likely to take a dramatically lower offer. I believe the best way to estimate value is to take the time to do the market analysis. It will tell you what the house is worth in the current economic climate.

My next advice to a buyer is to decide what is important to them, price or terms. If getting the house for the absolutely best price possible is the priority, then make the offer clean in other areas. Sure, come in 10% below the list price but don’t ask for new carpeting, a closing date after your son graduates from High School next spring, and not subject to the sale of your current home. If you come in low and then ask for the moon, most sellers will get mad and reject your offer. On the other hand, if you really do need to make your offer subject to the sale of your current home, then to get a seller to work with you, you are going to need to be more generous on price. I do believe that most sellers expect to negotiate and when presented with a reasonable offer will respond in kind and try to make a deal work. But do decide if your priority is price or terms and then frame your offer to accomplish your priority.

I also feel that before a buyer can make an offer, he or she needs to see enough homes to develop a sense for value. What does a $300,000 house look like? When you see enough of them, you start to get a feeling for the market and sense for value. You can tell when a house is in better than average condition and yet priced the same as the ones that are a mess. That is a good deal. That is the best way to buy. I think it takes looking at about 20 houses for a buyer to develop a good sense for value.

Also, make sure that you are working with a Realtor who knows the neighborhood. Homes in Beaverton sell under different circumstances than homes in North Portland. You need to be aware how individual areas of town are selling. And even within Lake Oswego there are high-demand locations that sell for more money and more quickly because of their location.

Your home is likely the largest purchase you will ever make. You want to buy the home that you love, but you also want to make a sound investment, and the first step is making the right offer.

Market Activity for November 30th thru December 7th

Once again, thank you for your patience with our posting of the weekly activity report. We are still tweaking the set up for this posting. We know that there are quite a few people who look forward to seeing this and value your on-going patronage of the propertyblotter.

NEWLY LISTED (November 30 —December 7, 2008)

Address List Price # Bedrooms Total Baths Total SF Prop Type List Date
668 MCVEY AVE $144,000 1 1 627 CONDO 12/4/2008
3433 MCNARY PKWY $249,900 2 2.1 1,136 CONDO 12/4/2008
14431 SHERBROOK PL $349,950 4 3 2,605 DETACHD 12/2/2008
221 HIDALGO ST $399,000 3 2.1 2,628 DETACHD 12/3/2008
29 BECKET ST $399,950 3 2.1 2,288 DETACHD 12/4/2008
562 2ND ST $419,000 2 2.1 1,406 CONDO 12/7/2008
16913 Canal CIR $449,000 3 1.1 2,525 DETACHD 12/1/2008
1830 CLOVERLEAF RD $470,000 3 2 1,795 DETACHD 12/5/2008
101 3RD ST $474,900 3 2 1,447 CONDO 12/6/2008
11 BECKET ST $550,000 4 2.1 4,030 DETACHD 12/4/2008
7 CONDOLEA DR $599,900 3 3 2,388 CONDO 12/1/2008
13254 Twin Creek CT $689,000 4 2.1 3,470 DETACHD 12/1/2008
524 WEIDMAN CT $739,000 4 2.1 3,450 DETACHD 12/5/2008
426 7TH ST $778,950 4 2.1 2,902 DETACHD 12/5/2008
705 10TH ST $1,686,000 4 3.1 4,818 DETACHD 12/3/2008
13795 CAMEO CT $2,395,000 4 5.2 7,190 DETACHD 12/1/2008
13777 CAMEO CT $2,595,000 4 5.1 8,080 DETACHD 12/1/2008

PENDING SALES (November 30 —December 7, 2008)

ADDRESS LIST PRICE # BEDS # BATHS TOT. SQ FT PROP TYPE DOM
16250 PACIFIC HWY $228,850 2 2 1,324 CONDO 433
4211 WOODSIDE CIR $325,000 3 2 1,688 CONDO 439
1685 CLOVERLEAF RD $349,900 3 2.1 1,722 DETACHD 50
7050 CHILDS RD $398,000 2 2 1,693 DETACHD 552
5051 TUALATA LN $409,900 4 2 1,591 DETACHD 114
16750 PHANTOM BLUFF CT $485,000 3 3 2,267 DETACHD 288
13217 FOX RUN $550,000 4 3 2,706 DETACHD 160
1141 TROON RD $648,850 4 3 2,522 DETACHD 155
13581 GOODALL RD $650,000 3 2 1,220 DETACHD 455
3723 ELEANOR CT $724,950 4 2.1 2,736 DETACHD 145

SOLD (November 30—December 7, 2008)

Address O/Price Close Price # BR # Baths Total SF CDOM
68 WHEATHERSTONE CT $399,000 $312,500 4 3.1 2,465 299
1130 LAUREL ST $524,000 $420,000 4 2 2,800 86
4076 COLTSFOOT LN $680,000 $555,000 4 3.1 3,882 126
5384 Washington CT $769,900 $670,000 4 3.1 3,246 415
4378 ALBERT CIR $1,225,000 $805,000 3 3 3,735 263
104 3RD ST $1,050,000 $975,000 2 2 1,151 15
301 IRON MOUNTAIN BLVD $1,329,000 $1,150,000 4 3.2 3,004 136

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 Real Estate Market Activity – September 15-21, 2008

We’re long on data tables, but short on pithy comments, so . . .

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

NEWLY LISTED (September 15-21, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4640 LOWER DR
$150,000
2
1.1
1,170
CONDO
9/19
3680 SPRING LN
$209,900
2
2.1
1,152
CONDO
9/18
287 CERVANTES
$239,900
3
1.1
1,144
CONDO
9/18
595 6TH ST
$314,800
3
1
1,520
RES-MFG
9/19
13320 SW 62ND AVE
$334,900
3
1
1,008
DETACHD
9/18
19251 INDIAN CREEK AVE
$335,000
4
2
1,550
DETACHD
9/19
22 CONDOLEA DR
$339,900
2
2
1,454
CONDO
9/15
705 ELLIS AVE
$439,000
3
2.1
1,872
DETACHD
9/16
75 CONDOLEA WAY
$449,000
3
3
2,131
ATTACHD
9/20
1871 KILKENNY DR
$499,000
5
2.1
3,086
DETACHD
9/15
2584 PARK RD
$549,900
4
2
2,302
DETACHD
9/18
17140 WALL ST
$549,900
4
3
3,711
DETACHD
9/19
1866 KILKENNY DR
$550,000
4
3.1
3,600
DETACHD
9/15
41 HILLSHIRE DR
$599,700
4
3
2,670
DETACHD
9/16
12974 KNAUS RD
$599,900
3
3.1
3,792
DETACHD
9/16
762 3RD ST
$699,800
3
2.1
2,710
DETACHD
9/16
13984 CHELSEA DR
$715,000
4
2.1
3,187
DETACHD
9/16
17393 GRANDVIEW CT
$760,000
3
3.1
3,672
DETACHD
9/15
730 8TH ST
$879,000
4
3
2,395
DETACHD
9/15
100 GARIBALDI ST
$1,349,900
5
3.2
4,669
DETACHD
9/19
17462 Blue Heron RD
$1,400,000
5
4.1
4,811
DETACHD
9/19
581 OAK MEADOW DR
$1,475,000
4
4.1
4,745
DETACHD
9/15
17345 BERGIS FARM DR
$1,499,900
4
3.2
5,199
DETACHD
9/16

PENDING SALES (September 15-21, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
7202 MONTAUK CIR
$119,900
2
1
968
CONDO
27
86 KINGSGATE RD
$174,500
2
2
938
CONDO
127
16990 LOWER MEADOWS DR
$389,900
3
2.1
2,000
DETACHD
600
17239 REBECCA LN
$399,900
4
2.1
1,970
DETACHD
292
2811 PARK RD
$555,000
4
2.1
2,248
DETACHD
122
858 10TH ST
$639,000
3
2.1
2,205
DETACHD
95
3240 UPPER DR.
$748,950
4
2.1
3,410
DETACHD
56
18936 BRYANT RD
$785,000
4
4
4,100
DETACHD
875
13719 ROGERS RD
$839,000
4
2.1
3,204
DETACHD
28
17459 WREN CT
$1,369,000
4
4
4,366
DETACHD
65

SOLD (September 8-14, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
4821 SW MADRONA ST
$179,000
$120,000
1
1
360
DETACHD
71
45 EAGLE CREST DR
$185,000
$164,500
1
1
900
CONDO
126
4000 CARMAN DR
$199,900
$180,000
2
2
1,100
CONDO
178
17777 BLUE HERON DR
$575,000
$485,000
4
3
2,609
DETACHD
121
1835 CEDAR CT
$1,169,000
$905,000
3
3.1
3,165
DETACHD
130
4311 HAVEN ST
$1,200,000
$912,500
5
4
3,816
DETACHD
120

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 Real Estate Activity – August 25-31, 2008

Late August results for the Lake Oswego real estate market show a spark of market activity with 19 homes sale pending or closed in the past two weeks. We are seeing some significant discounting on some properties, highlighting a “buyer’s market” characteristic.

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

NEWLY LISTED (August 25 – 31, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4 TOUCHSTONE
$109,900
2
2
984
CONDO
8/24
5831 SEVILLE AVE
$199,900
2
1
1,320
DETACHD
8/24
52 GALEN ST
$209,900
2
2
995
CONDO
8/26
16790 LAKE FOREST BLVD
$275,000
2
1
780
DETACHD
8/26
14401 SHERBROOK PL
$389,500
3
2.1
1,828
DETACHD
8/24
6291 SW HARRINGTON AVE
$399,900
3
2
1,472
DETACHD
8/25
1695 MEADOWS DR
$407,500
4
3
2,185
ATTACHD
8/26
1509 HEMLOCK ST
$419,000
4
3
2,310
DETACHD
8/28
14588 WILMOT WAY
$429,900
5
3
2,238
DETACHD
8/27
4760 LOWER DR
$435,000
3
3
3,252
DETACHD
8/27
5228 COVENTRY CT
$480,000
4
2.1
2,382
DETACHD
8/24
5474 BAY CREEK DR
$549,000
3
2.1
2,322
DETACHD
8/26
3721 TEMPEST DR
$549,900
3
2.1
2,572
DETACHD
8/30
17 CELLINI CT
$595,000
5
3.1
3,113
DETACHD
8/26
56 SPINOSA
$599,000
4
3.1
3,808
DETACHD
8/24
16373 BONAIRE AVE
$649,000
3
2.1
2,400
DETACHD
8/25
805 COUNTRY CLUB RD
$649,900
2
2
2,722
DETACHD
8/25
4676 WINTHROP CT
$649,900
4
2.1
3,112
DETACHD
8/27
569 7TH ST
$699,900
2
4
3,186
DETACHD
8/26
24 INDEPENDENCE AVE
$714,900
6
3.1
3,676
DETACHD
8/26
17890 KELOK RD
$749,000
4
2.1
3,023
DETACHD
8/28
15422 BOONES WAY
$879,000
4
2.1
2,694
ATTACHD
8/29
1272 SW ZIVNEY LN
$942,000
5
3
2,658
DETACHD
8/24
17649 WOODHURST PL
$1,275,000
5
4.1
5,793
DETACHD
8/25

PENDING SALES (August 25 – 31, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
4821 SW MADRONA ST
$130,000
1
1
360
DETACHD
71
44 EAGLE CREST DR
$154,900
2
1
908
CONDO
28
3101 MCNARY PKWY
$264,700
3
2.1
1,992
CONDO
408
819 BOCA RATAN DR
$299,900
3
3
3,282
DETACHD
270
1000 UPPER DEVON LN
$329,900
3
2.1
2,872
DETACHD
19
2955 WEMBLEY PARK RD
$448,000
4
2
2,620
DETACHD
140
5677 GRAND OAKS DR
$629,900
4
2.1
3,074
DETACHD
77
4256 LAKEVIEW BLVD
$995,000
3
3.1
3,117
DETACHD
436
17257 BRYANT RD
$1,169,900
5
3.2
4,789
DETACHD
381
2200 PRESTWICK RD
$1,200,000
4
2.2
3,356
DETACHD
133
1175 LAKE SHORE RD
$1,579,000
3
3.1
2,878
DETACHD
124

SOLD (August 18 – 24, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
1528 CEDAR ST
$429,900
$328,000
3
1.1
2,015
DETACHD
184
791 2ND ST
$450,000
$350,000
2
1
1,032
DETACHD
148
16121 SW KIMBALL AVE
$399,900
$355,000
3
2
1,596
DETACHD
76
4284 WEST BAY RD
$439,900
$400,000
3
2
1,539
DETACHD
62
1210 WELLS ST
$450,000
$455,000
5
3.1
4,494
DETACHD
16
310 DURHAM ST
$549,000
$505,000
3
2.1
1,940
ATTACHD
30
14062 CHELSEA DR
$729,000
$650,000
4
2.1
2,974
DETACHD
68
18263 ANDUIN TER
$795,000
$700,000
4
2.1
3,103
DETACHD
359

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.

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.

Lake Oswego Real Estate Market Activity – August 11-17, 2008

Thanks for the feedback last week concerning the publishing of these reports. It is nice to know readers are finding value in them. Your comments on any post are welcome!

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

NEWLY LISTED (August 11 – 17, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4000 SW CARMAN DR
$188,500
2
2
973
CONDO
8/10
19010 LONGFELLOW AVE
$315,000
3
1
1,732
DETACHD
8/11
820 BOCA RATAN DR
$326,900
4
3.1
2,220
DETACHD
8/11
1685 MAPLELEAF RD
$395,000
3
2
1,273
DETACHD
8/10
4470 CHAPMAN WAY
$399,500
3
3
2,125
DETACHD
8/11
790 LAUREL ST
$409,990
3
2
2,040
DETACHD
8/13
16546 BONAIRE AVE
$410,000
3
1
1,064
DETACHD
8/10
4292 GALEWOOD ST
$414,900
3
2.1
1,644
DETACHD
8/13
668 4TH ST
$469,900
2
2
1,502
DETACHD
8/12
5587 SW CARMAN DR
$574,900
4
3.1
2,591
DETACHD
8/13
2584 PARK RD
$574,900
4
2
2,302
DETACHD
8/13
5947 MEADOWCREEK CT
$589,000
4
2.1
2,485
DETACHD
8/16
6 CHURCHILL DOWNS DR
$599,000
5
3.1
2,922
DETACHD
8/10
1690 FIRCREST CT
$626,900
3
3.1
2,600
DETACHD
8/10
17850 SW PILKINGTON RD
$629,000
3
2.1
3,222
DETACHD
8/11
762 3RD ST
$750,000
3
2.1
2,710
DETACHD
8/10
14527 PFEIFER WAY
$799,000
4
3.1
3,788
DETACHD
8/12
2941 WESTVIEW CIR
$899,900
4
2.1
3,075
DETACHD
8/14
840 EVERGREEN RD
$924,900
4
2.1
2,696
DETACHD
8/14
17175 KELOK RD
$969,998
4
3
2,002
DETACHD
8/13
3540 RED CEDAR WAY
$989,000
5
3.1
4,100
DETACHD
8/14
771 SW COUNTRY CLUB RD
$998,900
5
2.1
4,410
DETACHD
8/11
3600 SOUTHSHORE BLVD
$999,000
3
2.1
2,178
DETACHD
8/14
3700 MARQUIS CT
$999,500
4
2.1
4,340
DETACHD
8/14
931 LAKE FRONT RD
$1,495,000
4
3.1
2,889
ATTACHD
8/11
3330 CEDAR CT
$1,600,000
4
3.1
4,611
DETACHD
8/12
14001 GOODALL RD
$1,675,000
4
3.1
5,397
DETACHD
8/13
951 SW ATWATER RD
$2,995,000
6
5.1
7,582
DETACHD
8/10
1101 CRESTLINE CT
$3,995,000
4
4.3
7,226
DETACHD
8/10

PENDING SALES (August 11 – 17, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
35 CRESTFIELD CT
$139,900
2
1
923
CONDO
75
86 KINGSGATE RD
$149,900
2
2
849
CONDO
65
7200 MONTAUK CIR
$149,900
2
1
968
CONDO
30
5225 JEAN RD
$239,900
3
2
1,500
CONDO
6
4231 FRUITWOOD CT
$369,000
3
2.1
2,070
DETACHD
220
16990 LOWER MEADOWS DR
$399,900
3
2.1
2,000
DETACHD
564
5474 BAY CREEK DR
$549,000
4
2.1
2,322
DETACHD
251
1835 CEDAR CT
$945,000
3
3.1
3,165
DETACHD
130

SOLD (August 4 – 10, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
3545 UPPER DR
$375,000
$370,000
3
2
1,348
DETACHD
4
100 KINGSGATE RD
$465,000
$415,000
3
2.1
1,960
DETACHD
14
18833 SW INDIAN CREEK AVE
$479,900
$419,000
4
2.1
2,265
DETACHD
95
16946 LOWER MEADOWS DR
$459,900
$440,000
3
2.1
1,795
DETACHD
29
5657 GRAND OAKS DR
$609,900
$550,000
3
2.1
2,888
DETACHD
57
4933 PARKHILL ST
$599,900
$599,000
4
3
2,500
DETACHD
48
510 NORTHSHORE RD
$735,000
$664,900
3
3
2,380
DETACHD
35
18242 ANDUIN TER
$829,500
$712,000
5
3
3,651
DETACHD
135
720 6TH ST
$1,399,900
$1,235,000
4
3.1
4,217
DETACHD
659

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.

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.

Lake Oswego Open Houses – August 16-17, 2008

August temperatures can make open house touring, um, uncomfortable…but hardy home shoppers and the overly curious can view 30 Lake Oswego open houses this weekend.

Here’s the list of Lake Oswego open houses for Saturday and Sunday:

Date Time Address
List Price
Bdrms
Baths
Total SF
8/17/08 1-3PM 3844 Botticelli ST
$249,900
2
1.1
1,129
8/17/08 11am -1 pm 4447 GOLDEN LN
$284,900
2
2.1
1,616
8/17/08 1-3pm 5054 FOOTHILLS DR
$298,000
2
2
1,312
8/17/08 1-4pm 17304 MARJORIE AVE
$365,000
3
1.1
1,340
8/17/08 10-12:30 1695 MEADOWS DR
$407,500
4
3
2,185
8/17/08 1pm-3pm 2256 GLENMORRIE DR
$425,000
3
2
1,798
8/17/08 1pm-3pm 4288 SUNSET DR
$429,000
3
2
1,516
8/17/08 Sunday1 to 4 19 CHURCHILL DOWNS
$439,500
4
3
2,159
8/17/08 1:30-3:30 1265 ROCKINGHORSE LN
$479,900
4
3
2,402
8/17/08 12-2pm 2584 PARK RD
$574,900
4
2
2,302
8/17/08 1-4pm 3355 UPPER DR
$595,000
4
2
3,205
8/17/08 1-4pm 8 CAMELOT CT
$595,000
5
3
3,080
8/17/08 1-4pm 5624 SOUTHWOOD DR
$599,900
4
3
3,120
8/17/08 1-3pm 17083 FERNWOOD DR
$655,900
5
3
2,868
8/17/08 12-3pm 1112 ERICKSON ST
$659,900
3
2
2,830
8/17/08 11am – 1pm 4102 CHAD DR
$673,850
4
2.1
3,054
8/17/08 1:00-3:00 5448 LANGFORD LN
$673,950
3
2.1
2,717
8/17/08 1:00-3:00 5287 LANGFORD LN
$718,950
3
2.1
2,951
8/17/08 1:00-3:00 5364 LANGFORD LN
$723,850
3
2.1
3,022
8/17/08 2-4pm 540 NORTHSHORE RD
$825,000
4
2
2,486
8/17/08 11-2 PM 5267 LAKEVIEW BLVD
$899,000
4
3.1
3,425
8/17/08 1-3pm 161 FURNACE ST
$949,900
2
2
2,401
8/17/08 1:00-3:00 3030 SW WESTVIEW CT
$959,000
4
2.1
3,400
8/17/08 12-3pm 3540 RED CEDAR WAY
$989,000
5
3.1
4,100
8/17/08 1-4 PM 14067 GOODALL RD
$1,149,000
4
3.1
3,784
8/17/08 1-3pm 17464 RIDGEVIEW LN
$1,298,950
4
3.1
4,407
8/17/08 1-3pm 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
8/17/08 1-3pm 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,704
8/17/08 12-2pm 13200 SW THOMA RD
$2,550,000
5
5.2
7,648
8/17/08 1-3pm 907 TERRACE DR
$2,600,000
6
4.3
6,919

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. 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.

Lake Oswego Open Houses – August 9-10, 2008

Over twenty homes are eagerly awaiting your arrival this weekend in Lake Oswego.

Here’s the list of Lake Oswego open houses for Saturday and Sunday:

Date Time Address
List Price
Bdrms
Baths
Total SF
8/10/08 2:30-4:30pm 4000 CARMAN DR
$158,950
2
2
913
8/10/08 1 to 4pm 5487 SW TUALATA CT
$319,000
3
2
1,200
8/9/08 1-3pm 5720 SW KENNY ST
$349,900
3
2
1,416
8/10/08 1-3pm 18963 SW LONGFELLOW AVE
$384,900
3
1.1
1,232
8/10/08 1:00-3:00 pm 4450 BERNARD ST
$385,000
3
2
1,511
8/9/08 1 – 4pm 820 MCVEY AVE
$424,500
3
1.1
1,446
8/10/08 1:00-4:00 PM 4451 BERNARD ST
$429,900
3
2
1,800
8/10/08 2-4pm 14371 HOLLY SPRINGS RD
$439,900
4
2.1
1,939
8/9/08 11:00-1:00 918 LAKE FRONT RD
$475,000
2
1
921
8/10/08 1-3pm 1012 ANDREWS RD
$540,000
3
2
2,246
8/10/08 1pm – 3pm 112 D AVE
$579,900
2
2.1
1,741
8/10/08 1-4pm 3355 UPPER DR
$595,000
4
2
3,205
8/10/08 1-4pm 8 CAMELOT CT
$595,000
5
3
3,080
8/10/08 12-2pm 2584 PARK RD
$599,999
4
2
2,302
8/10/08 2:00-4:30 5448 LANGFORD LN
$673,950
3
2.1
2,717
8/10/08 12-2pm 4102 CHAD DR
$693,950
4
2.1
3,054
8/10/08 2-4pm 1141 TROON RD
$698,500
4
3
2,522
8/10/08 2:00-4:30 5287 LANGFORD LN
$718,950
3
2.1
2,951
8/10/08 2:00-4:30 5364 LANGFORD LN
$723,850
3
2.1
3,022
8/10/08 12:00-1:00 3211 ALBER SPRING CT
$759,000
4
2.1
2,993
8/10/08 1-4pm 3325 CEDAR CT
$789,000
4
2.1
3,500
8/10/08 1-4 PM 5441 DENTON DR
$799,500
4
2.1
3,335

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. 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.