Last week Lake Oswego saw 12 New properties hit the market, while 10 went Pending and 15 Sold.
All over we are seeing the typical house-buying frenzy that usually occurs before the start of a new school year. Notably, we are also seeing an uptick in sales over last year as pointed out in the lastest RMLS Market Action Report (see my report from last Wednesday). Feel free to give Dianne or myself a call if you’re out there a part of it, and need some help.
Gotta go! Dianne and I are touring LO Houses today. Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (August 17—August 23, 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 |
| 12 POLONIUS ST | $262,300 | 4 | 2.1 | 3,066 | DETACHD | 8/20/2009 |
| 16573 BONAIRE AVE | $284,900 | 4 | 2 | 1,560 | DETACHD | 8/20/2009 |
| 113 KINGSGATE RD | $309,000 | 3 | 2 | 1,538 | DETACHD | 8/21/2009 |
| 5077 W SUNSET DR | $349,900 | 2 | 2.1 | 1,720 | ATTACHD | 8/23/2009 |
| 4505 WILDWOOD ST | $369,900 | 3 | 2 | 1,720 | DETACHD | 8/17/2009 |
| 18238 TERRY AVE | $415,000 | 3 | 2.1 | 1,604 | DETACHD | 8/23/2009 |
| 31 BECKET ST | $429,800 | 3 | 2.1 | 2,365 | DETACHD | 8/21/2009 |
| 3560 TEMPEST DR | $449,900 | 3 | 2.1 | 2,847 | DETACHD | 8/21/2009 |
| 1820 KILKENNY DR | $588,000 | 4 | 3 | 3,040 | DETACHD | 8/23/2009 |
| 18125 WESTMINSTER DR | $759,000 | 4 | 3.1 | 3,969 | DETACHD | 8/18/2009 |
| 4190 CHAD DR | $929,000 | 4 | 3.1 | 3,876 | DETACHD | 8/19/2009 |
| 18143 SIENA DR | $1,197,000 | 5 | 4.1 | 4,152 | DETACHD | 8/17/2009 |
PENDING SALES (August 17 -August 23, 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 |
| 188 OSWEGO SMT | $187,500 | 2 | 2 | 1,383 | CONDO | 7/23/2009 | 62 |
| 4749 FIRWOOD RD | $229,900 | 3 | 1.1 | 1,440 | DETACHD | 8/4/2009 | 13 |
| 6137 CHILDS RD | $240,000 | 3 | 1 | 946 | DETACHD | 8/7/2009 | 10 |
| 10 CONDOLEA DR | $250,000 | 2 | 2 | 1,312 | ATTACHD | 6/25/2009 | 371 |
| 17100 BRYANT RD | $287,900 | 3 | 3 | 2,032 | DETACHD | 7/31/2009 | 18 |
| 4722 HASTINGS PL | $489,900 | 4 | 2.1 | 2,151 | DETACHD | 8/14/2009 | 505 |
| 6110 CHILDS RD | $499,000 | 4 | 3 | 3,258 | DETACHD | 4/1/2009 | 138 |
| 301 IRON MOUNTAIN BLVD | $999,000 | 4 | 3.2 | 3,004 | DETACHD | 4/14/2009 | 125 |
| 100 GARIBALDI ST | $999,900 | 5 | 3.2 | 4,669 | DETACHD | 7/1/2009 | 334 |
| 128 NORTHSHORE CIR | $1,479,000 | 3 | 3.1 | 3,550 | DETACHD | 5/16/2009 | 764 |
SOLD (August 17-August 23, 2009)
| ADDRESS | ORIG. PRICE | SALE PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | O/Price | Sale Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE DR | $141,750 | $133,500 | 3 | 2.1 | 1,351 | CONDO | 170 |
| 86 KINGSGATE RD | $149,900 | $135,000 | 2 | 2 | 849 | CONDO | 64 |
| 4 TOUCHSTONE DR | $153,900 | $155,900 | 3 | 2.1 | 1,350 | CONDO | 121 |
| 276 CERVANTES | $183,000 | $174,000 | 3 | 2 | 1,209 | CONDO | 27 |
| 12822 BOONES FERRY RD | $234,900 | $217,500 | 2 | 2.1 | 1,136 | CONDO | 25 |
| 1140 HALLINAN CT | $339,895 | $329,950 | 3 | 2 | 1,875 | DETACHD | 127 |
| 11 CELLINI CT | $599,950 | $565,000 | 5 | 3 | 3,392 | DETACHD | 76 |
| 5709 CHARLES CIR | $593,500 | $587,500 | 4 | 2.1 | 3,060 | DETACHD | 9 |
| 706 MCVEY AVE | $949,000 | $780,000 | 3 | 2 | 2,000 | DETACHD | 391 |
| 17251 CEDAR RD | $899,900 | $850,000 | 3 | 3.1 | 3,175 | DETACHD | 637 |
| 17814 MARYLCREEK DR | $985,000 | $850,000 | 4 | 3.1 | 4,307 | DETACHD | 56 |
| 950 OAK TER | $1,220,000 | $947,500 | 4 | 2.1 | 3,714 | DETACHD | 595 |
| 2625 SUMMIT DR | $1,337,500 | $1,079,975 | 4 | 3.1 | 4,212 | DETACHD | 72 |
| 17334 BERGIS FARM DR | $1,737,000 | $1,200,000 | 5 | 4.1 | 5,654 | DETACHD | 335 |
| 2500 GLEN EAGLES RD | $2,275,000 | $2,025,000 | 5 | 4.1 | 5,565 | DETACHD | 431 |
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).”
If you have been reading the Propertyblotter for awhile, you know that I am a big supporter of the annual Race for the Cure. I am now a 2-year breast cancer survivor. It’s a club I never wanted to join, but now that I’m in it, I’m doing whatever I can to keep other women (and men too) from having to join.
Breast cancer will strike one in 8 women in her lifetime. My great-grandmother died of breast cancer in 1929, at the age of 48, the same age that I was when I got my diagnosis. Luckily for me, in the 80 years since my great-grandmother died, thousands of people have put time and money into education and finding a cure. I see it as my duty to pay that forward so that future generations don’t have to live in the shadow of this terrible disease.
Even more than inviting you to walk with me, I would like to ask you to consider making a donation. It is such a worthwhile cause. $77 pays for one un-insured or under-insured woman to get a mammogram.
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 
So…. you’re moving, or getting ready to sell, or in the middle of a home inspection on either end of the transaction. One of the myriad things that may cross your path is the issue of insulation. Some homes have it, some don’t. Some have it in the walls but nowhere else, some have it in the floors and ceilings. A lot depends on the era of the home and whether and how much updating has been done. If you are selling your home and your home has insulation, say underneath, that has been damaged (squirrels, etc), you may be asked to repair or replace it. If you have an older home with blown-in insulation in the attic, you may want to know what the material consists of. If you are buying a home without insulation in the walls, you may be wanting to add some after the purchase is complete. Here are some hopefully helpful tidbits on insulation: