Market Activity Report ~ May 9-15, 2011

There are 19 New properties that have come on the market, 16 in Pending status, and 5 Sold during last week’s 7-day span.
See below for further details (data derived from RMLS):

NEWLY LISTED (May 9-15, 2011)

Address List Price # Beds # Baths Total SF Prop Type
572 S STATE ST $114,900 2 1 914 CONDO
100 KERR PKWY $119,500 2 1.1 822 CONDO
48 EAGLE CREST DR 3B $169,000 2 2 1489 CONDO
750 1ST ST D22 $173,000 2 2 1350 CONDO
3797 LANEWOOD ST $259,000 3 1 2560 DETACHD
15119 QUARRY RD $264,900 3 2 2106 DETACHD
710 BRIERCLIFF LN $325,000 3 2.1 1906 DETACHD
62 WHEATHERSTONE CT $325,000 4 3.1 2465 CONDO
534 2ND ST $349,000 2 2.1 1394 CONDO
1502 COUNTRY CLUB RD $365,000 3 3 2748 DETACHD
1051 TIMBERLINE DR $399,950 4 3 2273 DETACHD
525 2ND ST mmm102 $415,000 2 2 1120 CONDO
312 4TH ST $424,950 2 2.1 1731 ATTACHD
1831 KILKENNY DR $425,000 5 3 2597 DETACHD
1021 YATES ST $499,900 3 2.1 1985 DETACHD
5670 MERIDIAN CT $549,000 4 2.1 2779 DETACHD
1033 YATES ST $549,900 4 3.1 2889 DETACHD
13254 DEERFIELD CT $724,900 4 2.1 3118 DETACHD
17590 Kelok RD $1,499,000 5 4 5650 DETACHD

PENDING SALES (May 9-15, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
91 GALEN ST $65,000 1 1 680 CONDO 24
4263 WOODSIDE CIR $234,900 3 2 2026 ATTACHD 64
2294 CREST DR $269,900 3 0.2 1300 DETACHD 18
1459 GREENTREE CIR $310,000 3 2 1683 DETACHD 156
661 6TH ST $329,000 3 0.1 1824 DETACHD 8
1952 PARK FOREST AVE $359,900 5 3 2856 DETACHD 157
12139 ORCHARD HILL WAY $389,000 4 2.1 2632 DETACHD 25
1970 GREENTREE RD $399,900 4 3 2428 DETACHD 72
15434 PARTRIDGE DR $422,000 4 2.1 2334 DETACHD 57
39 BECKET ST $429,000 4 3.1 4746 DETACHD 6
5428 SOUTHWOOD DR $619,000 4 3 3302 DETACHD 17
649 9TH ST $679,000 3 2.1 2812 DETACHD 327
762 3RD ST $795,000 3 2.1 2590 DETACHD 0
454 9th ST $838,950 3 4 2878 DETACHD 672
18209 SIENA DR $994,000 5 3.1 3839 DETACHD 1127
18222 SIENA DR $1,189,000 4 3.1 3998 DETACHD 179

SOLD (May 9-15, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
73 GALEN ST 73 $109,900 $105,000 2 2 995 CONDO 197
785 5TH ST $445,000 $425,000 3 2 2112 DETACHD 55
17791 HILL WAY $449,000 $433,000 4 2.1 2506 DETACHD 286
6435 MCDUFF CT $759,950 $730,000 4 3.1 3206 DETACHD 23
2990 GLEN EAGLES RD $795,000 $795,000 4 2.1 3650 DETACHD 125

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 ~ May 15, 2011

38 Beautiful Homes to be held Open in Lake Oswego Sunday.

Here is what’s on tap according to RMLS.

Enjoy!

Address L/Price # Beds # Baths Total SF Style Open
20 CERVANTES CIR $136,500 2 1.1 912 TOWNHSE 1-4PM
5061 FOOTHILLS DR G $169,000 2 2 991 CONDO 1-3PM
8 CONDOLEA DR $239,900 2 2 1312 CONDO 1-3PM
17401 HILL WAY $249,900 3 2 1597 DETACHD 1-3PM
14423 ORCHARD SPRINGS RD $379,900 3 2.1 1730 CONDO 2-4:30PM
26 BRIARWOOD RD $399,000 4 2.2 2554 DETACHD 1-3PM
1831 KILKENNY DR $425,000 5 3 2597 DETACHD 1-3PM
4750 Auburn LN $439,000 4 3.1 2679 TOWNHSE 1-4PM
19521 SW DOGWOOD CT $469,900 5 2.1 2953 DETACHD 10AM-5PM
19443 KOKANEE CT $474,000 4 2.1 2807 DETACHD 12-4PM
12 SCARBOROUGH DR $479,900 4 2.1 2892 DETACHD 1-4PM
1021 YATES ST $499,900 3 2.1 1985 DETACHD 11AM-5PM
19333 SW DOGWOOD CT $529,900 5 3 3234 DETACHD 10AM-5PM
19285 MEGLY CT $539,900 5 3 3275 DETACHD 10AM-5PM
3815 SOUTHSHORE BLVD $548,000 4 2 2638 DETACHD 2-4PM
1217 TYNDALL CT $549,000 4 4 5181 DETACHD 2-4PM
5670 MERIDIAN CT $549,000 4 2.1 2779 DETACHD 2-4PM
1033 YATES ST $549,900 4 3.1 2889 DETACHD 11AM-5PM
29 SPINOSA $549,999 3 2.2 3254 DETACHD 11AM-12:45PM
19240 MEGLY CT $579,900 5 3.1 3633 DETACHD 10AM-5PM
5542 DUNMIRE DR $599,900 4 2.1 3204 DETACHD 10AM-5PM
5515 DUNMIRE DR $629,900 4 3 3287 DETACHD 10AM-5PM
5511 FIELDSTONE CT $638,950 4 2.1 3037 DETACHD 1-4PM
17997 BRAEDEN CT $644,800 3 3 2984 DETACHD 1-3PM
2011 RIDGEWOOD LN $648,850 5 3.1 3012 DETACHD 1-3PM
5533 FIELDSTONE CT $648,950 4 2.1 3115 DETACHD 1-4PM
14136 HEATHROW LN $649,000 4 2.1 2955 DETACHD 1:30-5PM
5321 AMBERWOOD CT $649,900 4 3 3315 DETACHD 1-3PM
4081 PFEIFER CT $659,000 5 3.1 4070 DETACHD 12-2PM
15622 FIELDSTONE DR $688,950 3 2.1 3113 DETACHD 1-4PM
629 IRON MOUNTAIN BLVD $745,000 3 2 1988 DETACHD 2-4PM
1990 INDIAN TRL $749,000 4 3 3632 DETACHD 1:15-4PM
13679 MELROSE PL $750,000 6 3.1 4752 DETACHD 12:30-2:30PM
4018 COHO LN $829,900 4 4.1 4777 DETACHD 11AM-2PM
16818 SYLVAN CT $849,000 4 2.1 3209 DETACHD 1-4PM
850 SCHUKART LN $875,000 4 3 4378 DETACHD 1-4PM
18020 SKYLAND CIR $895,000 4 3.1 3210 DETACHD 12-2PM
667 LAKE BAY CT $899,900 4 4 3361 DETACHD 12-3PM

Selling Tips & Tidbits

“When selling your home pay attention to pets.” Aristocratopholous

Yes… I just made that up. The puffy clouds & Oregon sunshine are making me a bit silly!  The idea was that it might sound more believable coming from an ancient philosopher than a Realtor, though (?)

It’s interesting to note that the truth is:  Realtors can sometimes be experienced as school-marm figures by Sellers already so overwhelmed with preparatory “chores”.  We get it.  You’re being asked to consider doing things you perhaps don’t really want to do, & therefore… hmmm… “Maybe we don’t really need to:  _______.”  Fill in the blank. You know what I mean.  When overwhelmed we all try to cut down the “list”.   Some items on that list are critical, however. And some are so normal to us as individuals that we may be tempted to cross them off.  Remember, though, that what is normal to you in everyday living is not necessarily normal to others. You know this from walking into a friend’s home for the first time and recognizing the difference in how people live:  Smells from ethnic or unfamiliar cooking.  Crumbs on the counter or stove that are invisible to them but not to you. Weeds along the front walk that they pass everyday & therefore do not notice.  That big, brown crack in the white tile right as you enter the home.

Today I wanted to talk a bit about pets and how they can affect the process of selling your home.  Here we go-

  • Odors- Some people are very sensitive to any pet odor, others are just sensitive to BAD pet odors.  Either way, when it comes to selling your home, there actually is no good pet odor.  Now, I have a dog and a cat, and have had more numerous and elaborate combinations of animals in the past as I love them… This is one area where you really need to check yourself as a Homeowner/Seller.   You can’t let your emotions get the best of you.  We all know that saying: “Love me, love my pet.”  …Throw it out the window if you’re selling (I mean the saying of course : ).  If there are odors, the best solution is to find the source and eliminate it.  Quickly.  I.e., if your cat thinks that the shag carpeting in your bathroom is just like cat litter (first of all… don’t have shag carpet in your bathroom… : )  PLEASE cut it out and put in tile or some other hard surface.  If the cat comes back out of habit, at least you can quickly eliminate the problem with paper towels and Nature’s Miracle.
  • “Accoutrement” Don’t leave pet toys strewn about… at least if you know you are having a showing.  I know that my dog is much happier if I leave him some toys, or a rawhide bone to have on hand while I’m gone.  Some people absolutely love those corrugated cardboard scratching thingies for cats, and granted, you’d rather have your kitty scratching on that than on your living room furniture.  HOWEVER, if you are selling your home, the last thing you want is bits of cardboard lying all around the dining room table, or for people to trip unexpectedly over a rawhide bone, or to have the showing Realtor moving slimy toys to facilitate easy passage through hallways etc.  Besides… it is  drawing the eye and attention to plastic rib-eyes instead of your home!   Buy a basket (with a lid) where you keep dog & kitty toys, and if you must leave something out, limit it to one, please.
  • Pets at Home- Leave instructions if your pet will be there during showings.  This is assuming that you would not have a vicious dog or cat at your home if you were expecting potential Buyers to view it… I don’t think I need to go into the negative legal impact it could have on you as a Homeowner.  That said, let’s assume you have a gentle dog at home, or cat, and you need them to stay indoors.  Please say so on your listing.  First of all, I have had clients who had serious dog phobias from former attacks etc., and we have been surprised in the past when opening a door and having a dog there to greet us that we were not expecting… That potential Buyer will never see your home- They’re headed to the car before ever going inside.  Your Realtor will tell you these things of course, but I just wanted to make the point that, first of all, people need to know if they will be encountering a pet, and secondly, when people (Realtors and potential Buyers) enter your home and an animal is at the door wanting out, they can sometimes be persuasive! (They’re so cute and sneaky that way  : )  So… please leave instructions as to whether the pet must stay indoors or can be let out.
  • Pets Not At Home- If at all possible, remove your pet (especially dogs) for showings.   Sometimes you can leave them in the backyard, but know that your main aim is for people to really concentrate on your home & how their furniture will look there etc. If a pet is in the backyard, not only will they command precious attention, the potential Buyers will very possibly never enter your gorgeous backyard… never walk under that pergola or see the detail work on the back of the home.  Also, bottom line, you want to make it as easy as possible, and remove as many inhibitors as possible for a potential Buyer who might want to see your home *today*.  I have said in this forum before that my advice is most always to opt for showing instructions that say “Call 1st” if the home is not vacant.  This allows for a call & a voice mail message with an expected showing time or time “range”  if no one answers the phone (i.e. if you’re at work or not home etc.)  Maybe your sweet dog has a doggie friend who he or she would love to play with during the daytime, or maybe a human friend who works from home and would love the company while you’re at work.  Think out of the box! My clients who have pets to remove and therefore require “appointment only” showing instructions inevitably experience less frequent showings and this just translates to taking longer to sell.

Hope this has been helpful information for you.

As always, thank you for reading the Property Blotter!

Very Best,

Linda

 

 

Market Activity for May 2-8, 2011

Here is your weekly market activity report. In Lake Oswego last week there were 20 new listings, 14 pending sales, and 9 closed sales.

NEWLY LISTED (May 2-8, 2011)

Address Type Price Sq FT BR Baths
4631 Lakeview Blvd Condo $85,000 753 1 1
47 Eagle Crest Dr #53 Condo $85,000 1024 3 1
86 Kingsgate Rd D204 Condo $89,900 924 2 2
661 6th St Detached $329,000 1824 3 1
9 Churchill Downs Detached $339,900 1914 3 2
13594 Blazer Trail Detached $350,000 1948 3 2
1023 Lund St Detached $379,000 2313 4 2.5
4972 Suntree Ln Detached $390,000 1756 3 2.5
16950 Lakeridge Dr Detached $399,000 2305 4 2.5
26 Briarwood Rd Detached $399,000 2554 4 2.5+.5
39 Becket St Detached $429,000 4746 4 3.5
13340 Auburn Ct Attached $449,000 2451 3 2.5
150 Iron Mtn. Blvd Detached $449,900 2868 3 2.5
19251 Dogwood Ct Detached $469,900 2953 5 2.5
19333 Dogwood Ct Detached $529,900 3234 5 3
13254 Twin Creek Ct Detached $599,500 3470 3 2.5
13124 Knaus Rd Lt 2 Detached 739,900 3016 3 2.5
5765 Victoria Ct Detached $749,000 3560 4 3.5
850 Schukart Ln Detached $875,000 4378 4 3
2735 Glen Eagles Rd Detached $1,098,000 2950 3 3.5

PENDING SALES (May 2-8, 2011)

Address Type Price Sq Ft BR Baths CDOM
104 Oswego Summet Condo $69,900 764 1 1 167
5215 Madrona St Detached $242,500 1325 3 2 105
18690 Don Lee Way Detached $249,900 1136 3 2 22
15245 Boones Way Attached $289,900 1600 3 2.5 292
19250 Maree Ct Detached $294,000 1519 3 2.5 81
5978 Fernbrook Circle Detached $297,000 1612 3 2.5 41
17017 Canal Circle Detached $375,000 2665 4 2.5 48
17055 Crestview Dr Detached $424,900 2575 4 3 287
18955 Bryant Rd Detached $735,000 3647 4 2.5 537
13136 Knaus Rd Lt 3 Detached $794,900 3504 4 3.5 0
13112 Knaus Rd Detached $845,000 3673 5 3.5 0
13112 6th St Detached $899,950 3840 4 3.5 180
17460 Wren Ct Detached $995,900 3305 4 3.5 67
14001 Goodall Rd Detached $1,329,000 5397 4 3.5 31

SOLD (May 2-8, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
4000 Carman Dr #85 $124,900 $105,000 Condo 834 262
16200 Pacific Hsy $160,000 $185,000 Condo 1190 11
53 Oriole Ln $304,900 $240,000 Detached 2072 179
44 Da Vinci St $339,900 $335,000 Detached 14
1851 Kilkenny Dr $389,900 $349,900 Detached 2654 182
14402 Orchard Springs $399,900 $350,000 Detached 2174 45
920 Evergreen Rd $575,000 $463,500 Detached 1622 413
19125 35th Pl $769,000 $745,000 Detached 5153 345
14066 Goodall Rd $1,050,000 $925,000 Detached 4220 66

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 for May 8, 2011

It must be Mother’s Day tomorrow because there are just 5 houses being held open. Be sure to celebrate your Mom, and perhaps even take her out to see some beautiful homes.

2360 Greentree Rd, $389,000, Detached, 3 BR/2.5 Baths, open 3 to 5
7 Del Prado St, $479,900, Detached, 4 BR/3 Baths, open 2 to 4
5115 Denton Dr., $699,000, Detached, 3 BR/2.5 Baths, open 12 to 3
19124 Megan Pl, $699,000, Detached, 4 BR/2.5 Baths, open 1 to 4
16818 Sylvan Ct, $849,000, Detached 4 BR/2.5 Baths, open 1:30 to 5

The Power of Color

It used to be that the rule of thumb when selling your home was paint the walls white. You didn’t want to turn off your potential buyer by having a color on a wall that they would not like. The times have changed, and that just simply is no longer the case. In fact, color is a big feature when selling your home.

So what color is best? Good question.

For the past 5 or so years earth tones have been very popular. Earth tones are just that, colors that are found in nature. Soft shades of green, warm shades of brown and rust, and even deep shades of auburn or red. These have really been en vogue. Curiously, I have noticed in some national advertising by a large home decorating store, crisp blue tones. This has me wondering if the earth tones are headed out and the colder shades of blue and gray might be coming back in.

To know what color to paint your house if you are doing it for the purpose of selling, my suggestion is to visit some new neighborhoods that are currently under construction and tour the model homes. The builders hire designers to select the paint colors and these designers stay on top of the latest trends.

Is white completely wrong? No, not always. White-on-white such as you find in extremely contemporary homes has never gone out of style. What about black? Black can be extremely effective as an accent, but don’t over do it. Both black and white can add elegance and sophistication.

To learn a little bit more about color, I found information from Debbie Zimmer, a contributor to Realtor Magazine and a color expert at the Paint Quality Institute. She has some ideas not just about color but about how color can influence the mood of a room:

Purple can be used effectively in a child’s room and it is known to stimulate brain activity.

Blue has been shown to lower pulse rate and body temperature, making it great for bedrooms. It was used by ancient Egytians and Native Americans to heal.

Green is soothing. Like blue, it is calming and works well in bedrooms.

Yellow makes people happy and represents optimism. Studies have shown it causes the brain to release more serotonin. I want to suggest that you have to be careful with yellow. Keep it soft and buttery. When done right, it is fantastic. When too bright or loud, it is a big mistake. Years ago I heard a statistic that a yellow house (exterior paint) will sell faster than any other color. I am no longer convinced that this is true, but I do know that buyers do respond positively to it, again, when it is done right.

Orange says “look at me”. Muddy shades are very rich and soothing. If it is too bright it will appear raw and flamboyant.

Red has energy and makes people feel excited. It is associated with passion and can be used effectively in a master suite, but also in a dining room.

So don’t be afraid of color, but use it correctly. And I highly encourage you, if you have lived in your home for many years, to consider updating the paint scheme if you are considering selling. Do your research to figure out what is in style. Paint is one of the least expensive things you can do to remodel a home, particularly if you are able to do the painting yourself. Painting is step #1 in preparing your home for selling.

Market Activity ~ April 25 – May 1, 2011

Check out the details from this last week! We have some nice action in the market with 10 New properties, 21 going to Pending status, and 12 Sold. It looks like we have a good spread as well in lower to higher-dollar interest.
See below for further details (data derived from RMLS):

NEWLY LISTED (April 25-May 1, 2011)

Address List Price # Beds # Baths Total SF Prop Type
6173 WASHINGTON CT $324,900 2 2 1440 DETACHD
1270 HIDE A WAY LN $350,000 3 2.1 1907 DETACHD
2665 Glen Eagles Road $499,950 4 3 2642 DETACHD
17981 MEADOWLARK LN $529,900 3 2.1 3250 DETACHD
1700 Meadows DR $544,500 3 3 2465 DETACHD
187 FURNACE ST $569,000 2 2.1 1927 CONDO
5428 SOUTHWOOD DR $619,000 4 3 3302 DETACHD
19124 MEGAN PL $699,000 4 2.1 3584 DETACHD
17610 BROOKHURST DR $729,000 5 3.1 4160 DETACHD
12387 CLARA LN $750,000 4 3 3547 DETACHD

PENDING SALES (April 25-May1)

Address List Price # Beds # Baths Total SF Prop Type CDOM
44 EAGLE CREST DR 8 $60,900 2 1 908 CONDO 140
15938 QUARRY RD 8A $80,000 2 1 991 CONDO 127
73 GALEN ST 73 $110,000 2 2 995 CONDO 197
16870 FERNWOOD DR $289,000 3 1.1 1412 DETACHD 17
12 HOTSPUR ST $325,000 3 2 1876 DETACHD 27
1866 KILKENNY DR $330,000 3 3 3600 DETACHD 309
3265 DUNCAN DR $359,900 3 3 2136 DETACHD 3
14588 WILMOT WAY $369,900 5 3 2238 DETACHD 1
4160 CHAPMAN WAY $389,900 3 2 1800 DETACHD 3
2355 GREENTREE RD $399,900 3 2 2016 DETACHD 249
16266 INVERURIE RD $399,900 3 2 2503 DETACHD 21
777 BERWICK CT $400,000 3 2 2324 DETACHD 226
17791 HILL WAY $425,000 4 2.1 2506 DETACHD 286
36 NORTHVIEW CT $429,000 3 3.1 2573 ATTACHD 176
4978 BILFORD LN $449,000 3 2.1 2456 DETACHD 19
2301 HILLSIDE LN $519,000 5 3 3579 DETACHD 67
19200 MEGLY CT $569,900 6 3 3490 DETACHD 73
13576 PETERS RD $600,000 4 3.1 3284 DETACHD 112
5320 SOUTHWOOD DR $695,000 4 3 3646 DETACHD 248
17960 CRESTLINE DR $1,375,000 4 3.1 3251 DETACHD 16
14242 BRIDGE CT $1,899,950 5 4.2 6139 DETACHD 649

SOLD (April 25-May 1, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
19431 TUALAMERE AVE $234,900 $221,000 3 1.1 1200 DETACHD 249
1723 CONIFER DR $289,500 $223,000 3 2 1602 DETACHD 578
151 KINGSGATE RD $275,000 $239,000 3 2 1585 DETACHD 61
720 TIMBERLINE DR $359,900 $350,000 3 2.1 1906 DETACHD 15
675 10TH ST $565,000 $387,500 4 2 2280 DETACHD 593
775 BOCA RATAN DR $269,000 $410,000 4 3.1 2727 DETACHD 162
1711 HIGHLAND DR $459,000 $415,000 3 2.1 1926 DETACHD 147
2310 STONEHURST CT $559,000 $530,000 4 2.1 3365 DETACHD 38
1635 VILLAGE PARK LN $649,000 $599,000 4 3.1 3338 DETACHD 76
100 GARIBALDI ST $899,000 $785,000 5 3.2 4572 DETACHD 50
587 2ND ST 403 $949,000 $825,000 2 2.1 2360 CONDO 396
721 7TH ST $969,000 $897,000 4 3.1 4228 DETACHD 75

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 ~ Sunday, May 1st, 2011

Happy May Day!!!
For those without a May Pole to dance ’round there is always the happy expedition of touring lovely homes… especially on such a picture perfect, warm, sunny spring day!

You can come visit me at either 979 Devon Lane or 4840 Lamont Way as I’ll be holding both these beauties Open as well!

Here is what’s Open Sunday according to RMLS.

Address L/Price # Beds # Baths Total SF Style Time
668 MCVEY AVE 14 $94,500 1 1 636 CONDO 1-3PM
218 CERVANTES $149,000 2 1.1 1320 TOWNHSE 1-3PM
1400 BONNIEBRAE DR $160,000 2 1 864 TOWNHSE 1-3PM
5061 FOOTHILLS DR G $169,000 2 2 991 CONDO 12-2PM
4316 BOTTICELLI ST $199,000 2 2.1 2098 TOWNHSE 11:30-1:30PM
480 S STATE ST $235,000 2 2 1659 TOWNHSE 12-3PM
6016 BONITA RD $239,000 4 2 1978 DETACHD 12-2PM
18690 DON LEE WAY $249,900 3 2 1136 DETACHD 2-4PM
4840 LAMONT WAY $319,900 3 2 1793 DETACHD 11-1:30PM
18715 INDIAN CREEK DR $349,950 3 2 1976 DETACHD 12-2PM
4697 Oakridge RD Lot 05 $362,920 3 2.1 1738 TOWNHSE 10-4PM
4699 Oakridge RD Lot 06 $378,980 3 2.1 1738 TOWNHSE 10-4PM
1820 KILKENNY DR $379,000 4 3 3040 DETACHD 12-4PM
2360 Greentree RD $389,000 3 2.1 2207 DETACHD 2-5PM
2681 GREENTREE RD $395,000 4 3 2291 DETACHD 1-3PM
979 DEVON LN $425,000 3 3.1 2162 DETACHD 2-4:30PM
1991 GREENTREE RD $429,000 3 3 2655 DETACHD 12-2:30PM
4681 TRILLIUM WOODS Lot 08 $434,060 3 2.1 2135 TOWNHSE 10-4PM
19443 KOKANEE CT $474,700 4 2.1 2807 DETACHD 12-4PM
12 SCARBOROUGH DR $479,900 4 2.1 2892 DETACHD 1-4PM
3815 SOUTHSHORE BLVD $548,000 4 2 2638 DETACHD 2-4PM
1100 UPPER DEVON LN $599,000 4 3.1 3672 DETACHD 11-1:30PM
5542 DUNMIRE DR $599,900 4 2.1 3204 DETACHD 10-5PM
173 FURNACE ST $619,900 2 2.1 2220 CONDO 1-3PM
5511 FIELDSTONE CT $638,950 4 2.1 3037 DETACHD 12-2PM
17997 BRAEDEN CT $644,800 3 3 2984 DETACHD 2:30-4:30PM
5533 FIELDSTONE CT $648,950 4 2.1 3115 DETACHD 12-2PM
5321 AMBERWOOD CT $649,900 4 3 3315 DETACHD 1-3PM
15622 FIELDSTONE DR $688,950 3 2.1 3113 DETACHD 12-2PM
1541 MAPLE ST $729,000 4 4 3215 DETACHD 1-4PM
629 IRON MOUNTAIN BLVD $745,000 3 2 1988 DETACHD 2-4PM
16818 SYLVAN CT $849,000 4 2.1 3209 DETACHD 1:30-5PM
18020 SKYLAND CIR $895,000 4 3.1 3210 DETACHD 2:30-4:30PM
18143 SIENA DR $898,950 4 3.1 3350 DETACHD 1-3PM
17970 ROYCE WAY $899,000 5 4.2 5226 DETACHD 12-3PM
18231 SIENA DR $899,900 4 3.1 3459 DETACHD 1-3PM
18209 SIENA DR $994,000 5 3.1 3839 DETACHD 1-3PM
18222 SIENA DR $1,189,000 4 3.1 3998 DETACHD 1-3PM
1104 FOREST MEADOWS WAY $1,495,000 4 3.1 5756 DETACHD 2-4PM

News & Notes

Community Shred Day – Lake Oswego and EFI Secure Shredding holds another shred day geared toward helping citizens get rid of sensitive documents. This one will be held at the West End Building in the rear parking lot. Three boxes to a person will be allowed. Hours are 10AM – 1PM on April 30th.

Walk for Water – A 1-mile loop returning to Foothills Park seeks to bring awareness to the issue of a dire need for clean drinking water in developing countries… and strollers are welcome! You are invited to simulate the trek of villagers in Zambia who walk for their water twice every day. The walk will be held April 30th and begins at 9AM in Foothills Park.

Lake Run – Speaking of exercise… The much-anticipated annual “Lake Run” is coming up fast- May 7th starting at Millenium Plaza Park! Runners and walkers of all ages are welcome. There will be a 12k run, a 5k walk/run where strollers will be included, and a 1/2 mile kids-dash (11 and under). For registration Click Here. For more information including maps, approximate times runners will pass through various neighborhoods, and traffic changes click Here for 12k, and Here for 5k.

Tidbits from PMAR
(Portland Metropolitan Association of Realtors) –

– Americans appear to be more confident about home-ownership and the stability of home prices than they were at the beginning of 2010. This is per Fannie Mae’s latest national housing survey. Nearly 80% of all respondents including homeowners and renters surveyed anticipated prices holding steady or increasing in the next 12 months- Up from 73 percent in January 2010.
Click Here for more detail.
– Portland is ranked among the top ten cities nationally where it is best to buy rather than rent according to Forbes.com. Click Here for more detail.

Remodeling Costs Recouped – Realtor Magazine and Remodeling Magazine came up with a list of the most cost-effective remodeling projects. You can click Here for info on the Portland metropolitan area and download the 12-page report.

Market Activity April 18-24, 2011

Last week Lake Oswego had 16 new listings come onto the market, 18 houses go into pending status, and 12 closed sales. Of note: 3 of the pending sales were at $1,000,000+ and one was at $999,000.

NEWLY LISTED (April 18-24, 2011)

Address Type Price Sq FT BR Baths
15240 Boones Way Condo $164,900 1180 2 2
480 S State St Condo $235,000 1659 2 2
6016 Bonita Rd Detached $239,000 1978 4 2
5311 Tualata Ct Detached $249,000 1387 3 1.5
1637 Laurel St Detached $389,000 1792 6 1
4160 Chapman Way Detached $389,900 1800 3 2
2681 Greentree Rd Detached $395,000 2291 4 3
1580 Woodland Terr. Detached $549,900 2127 4 2.5
19240 Megly Ct Detached $579,900 3633 5 3.5
17658 Brookhurst Dr Detached $589,000 4198 3 3
5542 Dunmire Dr Detached $599,900 3204 4 2.5
5515 Dunmire Dr Detached $629,900 3287 4 3
1541 Maple St Detached $729,000 3215 4 4
16818 Sylvan Ct Detached $849,000 3209 4 2.5
13048 Knaus Rd Detached $875,000 3715 4 3.5
18143 Siena Dr Detached $898,950 3350 4 3.5

PENDING SALES (April 18-24)

Address Type Price Sq Ft BR Baths CDOM
200 Burnham Rd #203 Condo $129,000 1160 2 1 1302
4425 Thunder Vista Ln Condo $149,900 1518 2 2.5 110
4281 Cobb Way Detached $249,900 1626 3 2 7
7 Bloch Terr. Attached $285,000 2062 3 2.5 191
1 Hidalgo St Detached $349,900 2489 2 2.5 253
1766 Fern Pl Detached $365,000 1937 3 2 18
510 5th St Attached $375,000 1524 2 2.5 53
19 Grouse Terr. Detached $419,900 3383 3 2.5 283
6132 Summer Woods Detached $489,900 2778 4 2.5 10
1643 Village Park Ln Detached $639,900 4505 4 3.5 440
1088 Westward Ho Rd Detached $648,000 1837 2 2 226
1930 Indian Trail Detached $669,000 3260 3 3 332
5160 Woodcrest Ln Detached $691,488 3575 4 3.5 0
17614 Blue Heron Detached $797,500 3150 4 3 42
425 Northshore Rd Detached $999,000 3270 4 3 450
14066 Goodall Rd Detached $1,050,000 4220 4 3.5 66
2778 Glenmorrie Dr Detached `$1,150,000 6263 5 4.5+.5+.5 471
1956 Cheryl Ct Detached $1,295,000 5173 4 4.5+.5 16

SOLD (April 18-24, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
668 McVey Ave #82 $109,250 $120,000 Condo 992 46
4 Touchstone #136 $174,950 $159,500 Condo 1351 822
5530 Bonita Rd $295,000 $200,000 Detached 1200 64
103 3rd St $349,900 $242,500 Condo 1006 317
3165 Douglas Circle $325,000 $265,000 Detached 1764 3
4342 Woodside Circle $285,000 $285,000 Attached 1643 2
18929 Indian Springs $435,000 $405,000 Detached 3380 51
1692 Fircrest Ct $450,000 $450,000 Detached 2569 0
5434 Rosalia Way $559,000 $477,000 Detached 2600 245
17754 Treetop Ln $550,000 $535,000 Detached 3668 7
2757 Lakeview Blvd $725,000 $675,000 Detached 3321 540
444 Ridgeway Rd $850,000 $810,000 Detached 2099 541

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