Market Activity ~ April 16-22, 2012

Great week! There were 18 New properties entering the market, 18 in Pending status, and 17 marked as Sold during the last week. See below for further details:

NEWLY LISTED (April 16-22, 2012)

Address List Price # Beds # Baths Total SF Prop Type
200 RIDGEWAY RD $159,900 2 1 988 CONDO
6924 MONTAUK CIR $179,900 3 2 1092 CONDO
15964 PARKER RD $249,900 3 1.1 1272 DETACHD
5670 FERNBROOK WAY $249,900 3 2 1631 DETACHD
18793 BENFIELD AVE $275,000 3 2 1915 DETACHD
1674 LARCH ST $300,000 3 2.1 1794 DETACHD
5670 CHILDS RD $329,999 3 2.1 2298 DETACHD
4513 OAKRIDGE RD LOT 30 $383,930 3 2.1 1835 ATTACHD
4522 TRILLIUM WOODS LOT 24 $388,990 3 2.1 1835 ATTACHD
4515 OAKRIDGE RD LOT 31 $409,330 3 2.1 1927 ATTACHD
4524 TRILLIUM WOODS LOT 25 $426,440 3 2.1 2092 ATTACHD
629 IRON MOUNTAIN BLVD $625,000 3 2 1966 DETACHD
816 9TH ST $650,000 4 3 3033 DETACHD
17930 BLUE HERON DR $799,000 4 4.1 5069 DETACHD
19575 35TH CT $997,000 4 3 4181 DETACHD
777 NORTHSHORE RD $1,295,000 3 2.1 3960 DETACHD
19555 35TH CT $1,349,000 6 4 5688 DETACHD
399 Furnace ST $2,150,000 3 3.1 3634 ATTACHD

PENDING SALES (April 16-22, 2012)

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Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #42 $56,200 2 1 932 CONDO 36
1 CRESTFIELD CT $59,950 1 1 689 CONDO 19
86 KINGSGATE RD $80,800 2 2 924 ATTACHD 33
76 OSWEGO SMT $85,000 2 2 1212 CONDO 77
4 TOUCHSTONE #135 $119,900 3 1.1 1351 CONDO 63
51 ORIOLE LN $176,950 3 2 1216 DETACHD 119
1095 CORNELL ST $194,500 2 1 1416 DETACHD 583
1764 CONIFER DR $260,000 3 1 1200 DETACHD 211
20 PREAKNESS CT $279,000 3 0.2 1790 ATTACHD 8
15430 STEPHANIE CT $284,900 3 2.1 1662 ATTACHD 13
1520 ASH ST $299,900 2 1 1200 DETACHD 7
4991 centerwood ST $299,900 4 3.1 2286 DETACHD 152
19061 INDIAN SPRINGS RD $349,900 4 3 2341 DETACHD 139
4573 OAKRIDGE RD Lot 33 $374,900 3 2.1 1835 ATTACHD 162
4524 TRILLIUM WOODS Lot 25 $426,440 3 2.1 2092 ATTACHD 27
19198 OLSON AVE $524,900 4 2.1 2881 DETACHD 16
14231 DOLPH CT $629,900 3 2 2630 DETACHD 326
3119 Wembley Park RD $895,000 4 3.1 3628 DETACHD 178

SOLD (April 16-22, 2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
247 CERVANTES $161,200 $105,000 2 2 1384 CONDO 176
45 EAGLE CREST DR $144,900 $111,900 2 2 1046 CONDO 113
5875 KENNY ST $169,000 $177,500 3 1 1000 DETACHD 2
660 HEMLOCK ST $275,000 $269,900 3 1.1 1648 DETACHD 252
2491 OVERLOOK DR $299,900 $287,900 5 3 3250 DETACHD 5
14 NORTHVIEW CT $389,000 $369,500 4 3.1 3279 ATTACHD 264
4 INDEPENDENCE AVE $450,000 $375,000 4 3.1 3482 DETACHD 152
5490 ROYAL OAKS DR $389,000 $384,940 3 2 1761 DETACHD 5
4571 OAKRIDGE RD Lot 32 $419,680 $408,440 3 2.1 2092 ATTACHD 125
4581 TRILLIUM WOODS Lot 14 $437,840 $437,840 3 2.1 2211 ATTACHD 0
5652 YORKSHIRE CT $454,900 $480,000 4 2.1 3107 DETACHD 18
625 4TH ST $559,000 $505,000 4 3 2254 DETACHD 65
5515 DUNMIRE DR $519,900 $529,900 5 3 3287 DETACHD 314
872 COUNTRY COMMONS $599,000 $550,000 4 2.1 2800 DETACHD 123
575 2ND ST $659,000 $654,500 2 2.1 1752 CONDO 5
15564 VILLAGE DR $749,000 $700,000 3 2.1 3249 DETACHD 176
755 6TH ST $825,000 $845,000 4 3.1 3973 DETACHD 1555

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

News & Notes

Here are some Market Notes for You~

According to the just-released RMLS Market Action Report for March 2012, the combined area of Lake Oswego and West Linn  reported:

  • 613 Active Listings
  • 205 New Listings
  • 117 Pending Sales
  • 84 Closed Sales
  • An average Sale Price of $373,200.
  • Average Time on the Market: 152 Days

Also:

For the Portland Metro Area…………….

  • March 2012: Combination of fewer new listings & more closed sales = lowest unsold inventory since June 2007
  • 1st quarter 2012 as compared to 2011 shows increase of 12.2% in Closed Sales
  • 1st quarter 2012 as compared to 2011 shows increase of 18.2% in Pending Sales
  • 1st quarter 2012 as compared to 2011 shows decrease of 12% in New Listings
  • If you compare March to the previous month of February 2012, Closed Sales grew by 34.2%,

Market Activity 4/9 to 4/15, 2012

It was a busy week in Lake Oswego real estate last week with 18 new listings, 27 pending sales, and 17 closed sales. It feels like spring!

New Listings

55 Oswego Summit, condo, $74,888, 1 BR, 1 Bth, 721 SF

20 Preakness Ct, Attached, $279,000, 3 BR, 2 Bths, 1790 SF

5880 Rockwood Ct, Detached, $280,000, 3 BR, 2 Bths, 1772 SF

1520 Ash St, Detached, $299,900, 2 BR, 1 Bth, 1200 SF

1639 Worthington St, Detached, $338,000, 4 BR, 3 Bths, 1920 SF

1871 Kilkenny Dr, Detached, $349,900, 5 BR, 2.5 Bths, 3086 SF

524 Country Club Rd, Detached, $389,900, 3 BR, 2 Bths, 2168 SF

1690 Fircrest Ct, Detached, $429,900, 3 BR, 3.5 Bths, 2718 SF

15225 Candlewood Ct, Detached, $499,000, 4 BR, 2.5 Bths, 2758 SF

5415 Bay Creek Dr, Detached, $499,900, 4 BR, 2.5 Bths, 2827 SF

4336 Glacier Lily St, Detached, $524,950, 4 BR, 2.5 Bths, 3381 SF

16751 Alder Circle, Detached, $599,000, 4 BR, 2.5+.5 Bths, 2328 SF

14136 Heathrow Ln, Detached, $629,000, 3 BR, 2.5 Bths, 2955 SF

17980 Meadowlark Ln, Detached, $689,000, 3 BR, 2.5 Bths, 3252 SF

217 5th St, Detached, $699,000, 3 BR, 2.5 Bths, 2097 SF

1918 Indian Trail, Detached, $719,000, 3 BR, 3 Bths, 3090 SF

1107 Yates St, Detached, $774,900, 2 BR, 1 Bth, 1222 SF

16847 Greenbriar Rd, Detached, $1,495,000, 3 BR, 2.5+.5 Bths, 2315 SF

Pending Sales

89 Galen St #89, condo, $45,000, 1 BR, 1 Bth, 575 SF, 13 DOM

168 Oswego Summit B23, condo, $119,000, 2 BR, 2 Bth, 1383 SF, 322 DOM

5467 Kenny St, detached, $169,000, 3 BR, 1 Bth, 960 SF, 13 DOM

4214 Woodside Circle, attached, $169,900, 3 BR, 2.5 Bth, 1841 SF, 154 DOM

5055 Foothills Dr H, condo, $180,000, 2 BR, 2 Bth, 1252 SF, 134 DOM

19010 Longfellow Ave, detached, $186,900, 3 BR, 1 Bth, 1232 SF, 24 DOM

5670 Fernbrook Way, detached, $249,900, 3 BR, 2 Bths, 1631 SF, 20 DOM

16546 Bonaire Ave, detached, $255,000, 3 BR, 1 Bth, 1064 SF, 1 DOM

55 Northshore Rd #8, attached, $279,000, 1 BR, 1 Bth, 1574 SF, 234 DOM

720 Pebble Beach Ct, detached, $335,000, 4 BR, 2.5 Bths, 1957 SF, 12 DOM

1238 Hemlock St, detached, $359,000, 3 BR, 2 Bths, 1548 SF, 220 DOM

2834 Glenmorrie Dr, Detached, $379,000, 3 BR, 2.5 Bths, 2459 SF, 213 DOM

8 Camelot Ct, detached, $389,000, 5 BR, 3 Bths, 3084 SF, 255 DOM

460 Boca Ratan Dr, detached, $399,000, 4 BR, 3 Bths, 2368 SF, 958 DOM

4 Hillshire Dr, detached, $409,000, 4 BR, 2.5+.5 Bths, 3084 SF, 210 DOM

9 Spinosa, detached, $425,000, 2 BR, 2.5 Bths, 2250 SF, 39 DOM

201 Ridgeway Rd, detached, $429,000, 2 BR, 1 Bth, 2377 SF, 615 DOM

2357 Hillside Ln, detached, $439,900, 5 BR, 3 Bths, 4162 SF, 45 DOM

4861 Hastings Dr, detached, $470,000, 3 BR, 2.5 Bths, 2320 SF, 3 DOM

9 Westminster DR, detached, $475,000, 5 BR, 3 Bths, 3814 SF, 0 DOM

13849 Melrose PL, detached, $485,000, 3 BR, 2.5 Bths, 2916 SF, 56 DOM

555 Atwater Rd, detached, $599,000, 5 BR, 3 Bths, 4016 SF, 459 DOM

16253 White Oak Dr, detached, $599,999, 5 BR, 3 Bths, 3689 SF, 35 DOM

4103 Casey Ct, detached, $659,900, 4 BR, 2.5 Bths, 3309 SF, 9 DOM

13575 Goodall Rd, detached, $950,000, 4 BR. 5.5 Bths, 4271 SF, 1082 DOM

17399 Canal Circle, detached, $1,525,000, 4 BR, 3.5 Bths, 4442 SF, 35 DOM

Closed Sales

3834 Botticelli St, attached, original price $129,900, closed price $128,500, 2 BR, 2 Bths 25 CDOM

5063 Foothills Dr C, condo, original price $159,900, closed price $140,200, 2 BR, 2 Bths, 107 CDOM

5225 Jean Rd #511, condo, original price $156,000, closed price $148,000, 2 BR, 2 Bths, 83 CDOM

3652 Spring Ln 4F, condo, original price $159,900, closed price, $152,000, 2 BR, 2 Bths, 63 CDOM

58 Greenridge Ct, attached, original price $256,900, closed price $169,000, 3 BR, 2.5+.5 Bths, 51 CDOM

13594 Blazer Trail, detached, original price $350,000, closed price $283,000, 3 BR, 2 Bths, 298 CDOM

5011 Rosewood St, detached, original price $395,000, closed price $315,000, 4 BR, 2 Bths, 123 CDOM

1590 Larch St, detached, original price $365,000, closed price $350,000, 6 BR, 2.5 Bths, 113 CDOM

4585 Trillium Woods Lot 12, attached, original price $405,990, closed price $405,990, 3 BR, 2.5 Bths, 0 CDOM

4525 Trillium Woods Lot 16, detached, original price $409,900, closed price $410,000, 3 BR, 2.5 Bths, 65 CDOM

18034 Westview Dr, detached, original price $430,000, closed price $423,000, 4 BR, 2.5 Bths, 10 CDOM

17930 Meadowlark Ln, detached, original price $525,000, closed price $470,000, 4 BR, 4 Bths, 799 CDOM

13254 Fielding Rd, detached, original price $567,000, closed price $480,000, 3 BR, 2.5 Bths, 159 CDOM

4587 Trillium Woods, Lot 11, attached, original price $489,097, closed price $497,049, 3 BR, 2.5 Bths, 0 CDOM

17802 Marylcreek Dr, detached, original price $509,000, closed price $530,000, 4 BR, 4 Bths, 16 CDOM

16827 Scott Ct, detached, original price $829,000, closed price $715,000, 4 BR, 3.5 Bths, 256 CDOM

215 Chandler Pl, detached, original price $875,000, closed price $825,000, 3 BR, 2.5 Bths, 14 CDOM

strong>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

Woodstove and Fireplace Inserts

Certification Sticker
My own woodstove
I am a huge fan of woodstoves and firplaces. My family actually ownes a mountain cabin that is heated with a woodstove. Building a fire is a skill and in my family we challenge each other to build one that is good enough to light with just one match. So woodstoves are near and dear to my heart.

So when the State Legislature passed a law in 2009 that affects woodstoves, I was very interested. This law, known as the Heat Smart for Clean Air Act, went into affect August 1, 2010. It requires the removal of non-certified woodstoves and fireplace inserts upon the sale of a house.

This law does not require the removal if a house is not sold. So you can continue to use and enjoy your non-certified stoves as long as you continue to own your home. It is only upon the sale of the house that they must be removed.

This law also applies to stoves and inserts that are in garages, shops, and out buildings.

Once the stove/insert is removed it can not be sold, given away or re-installed. In fact, it must be destroyed/recycled and evidence of this must be provided to the Oregon DEQ.

How do you know if your stove/insert is certified? There are 3 ways:

1. The Federal DEQ has been certifying stoves since 1992 and a stove sold after that year will have a Federal certification sticker on the stove.
2. The Oregon DEQ has actually been ahead of the Federal government on this and has been certifying stoves since the mid 1980’s. So, again, you’ll find an Oregon DEQ sticker on the stove.
3. A list of certified stoves by brands and models is maintained on line. Click here for that list.

Who’s responsible for removing the woodstove/insert? That is negotiable between the buyer and the seller. Either party can do it, but it has to be completed within 30 days of the sale. And be aware that many lenders would require it’s removal prior to the sale.

Does the woodstove/insert have to be replaced? No. Many older models were quite large. So removing them may benefit the house.

If you do replace it, the models made today are amazing and consist of pellet stoves, wood stoves, and masonry heaters. They are high efficiency with low emmissions. I have a client who heats his house with a pellet stove that he calculates saves him hundreds of dollars each winter.

Finding the certification sticker on your woodstove is easy. It should be on the back of the stove. Finding it on your insert can be tricky as you will have to pull the insert out of the fireplace opening to look for it. Try finding the insert on the approved list first. That could save you the work of pulling the insert out.

If you don’t find your make and model on the approved list, consider inquiring with a chimney sweep or the service department of a hearth product store. For a locator of these sorts of companies, click here.

Can you retrofit an old stove so that it can be certified today? No.

Why did this new law go into affect? The pollution caused by old stoves creates serious negative air quality that causes health problems, especially for older people and young children. It’s estimated that for every old stove removed, the savings in health care costs will be $3900. These old stoves can last decades. This law will speed up the process of removing and replacing these stoves. It is also believed that there are 80,000 uncertified woodstoves and fireplace inserts still in use in Oregon.

In addition, there are both State and Federal tax credits for installing new stoves. My understanding is that Oregon gives a credit of $300 and the Federal government is giving a credit of $1500. Please confirm these figures with your own inquiry or through your tax accountant.

Information for this post was obtained at www.ohpba.org/oregonlaws.htm

Good luck building your own one-match fire!
Dianne

Featured Neighborhood: Glenmorrie

Western Red Cedar
Camperdown Elm
Glenmorrie is not a very big neighborhood, but it packs a lot into a small area. It is bordered by Glenmorrie Terrace to the North, the Willamette River to the East, Marylhurst University to the South, and Skyland Dr to the West.

This neighborhood is known for it’s amazing trees. In the late 1800’s, Parker Farnsworth Morey, the first President of Portland General Electric, built a grand estate on what is now the Glenmorrie neighborhood. He hired an English gardner to oversee the landscaping and brought in many wonderful trees that included Giant Sequoia, Camperdown Elm, Hemlock, Red Alder, and more. These trees are still in the neighborhood today.

In honor of Arbor Week, April 1st to 7th, a walking tour will be held on April 1st to visit many of these trees. Meet at George Rogers Park at 2pm.

So what are the houses like in Glenmorrie? Most were built in the 1950’s and 1960’s and tend to be classic ranch style with custom features like vaulted hemlock ceilings and extensive brick work. There are a few newer homes, but most are older and traditional.

At this time there are 5 houses for sale in Glenmorrie. The least expensive is a short sale that was built in 1954. It has 2459 square feet with 3 bedrooms and 2 1/2 baths and is priced at $379,000. The most expensive is a 1985 house with 5894 square feet that has 5 bedrooms and 4 1/2 baths. It’s priced at $899,000.

If you enjoy trees, consider going on the neighborhood walk at the start of Arbor Week. And if you want a home that is surrounded by lush landscaping, consider Glenmorrie as a good otpion.

Dianne

Market Activity ~ March 5-11, 2012

Wow! In Lake Oswego there were 24 New properties entering the market (this is after I removed the ones that were really “refreshed”… so quite a few truly new ones this week.) RMLS also shows 19 in Pending status, and 8 marked as Sold during the last week.   ….Not bad!
See below for further details:

NEWLY LISTED (Mar 5-11, 2012)

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #38 $89,000 1 1 798 CONDO
313 CERVANTES $130,000 2 2 1209 CONDO
550 S STATE ST $169,000 2 1 920 CONDO
16747 BONAIRE AVE $192,500 2 1 1658 DETACHD
3101 MCNARY PKWY #1 $229,500 2 2.1 1444 ATTACHD
90 KINGSGATE RD $245,000 3 2.1 1727 DETACHD
1442 ASH ST $250,000 3 2 1309 DETACHD
1198 BOCA RATAN DR $279,000 2 2.1 1739 ATTACHD
2631 ORCHARD HILL PL $399,000 4 2.1 2389 DETACHD
5786 WASHINGTON CT $420,000 4 3 3100 DETACHD
9 SPINOSA $425,000 2 2.1 2250 DETACHD
4672 AUBURN LN $439,900 3 3.1 2732 ATTACHD
1483 WOODLAND TER $449,900 4 2.1 2289 DETACHD
3211 ALBER SPRING CT $589,000 4 2.1 3002 DETACHD
2150 HILLSIDE CT $590,000 4 3 3582 DETACHD
16253 WHITE OAKS DR $599,999 5 3 3689 DETACHD
3290 CHILDS RD $686,850 3 1 1708 DETACHD
17970 ROYCE WAY $800,000 5 4.2 5226 DETACHD
17531 KELOK RD $858,900 4 3 2942 DETACHD
215 CHANDLER PL $875,000 3 2.1 3118 DETACHD
670 IRON MOUNTAIN BLVD $1,295,000 4 3.2 5421 DETACHD
17399 CANAL CIR $1,525,000 4 3.1 4442 DETACHD
1056 NORTHSHORE RD $1,995,000 3 3 2870 DETACHD
16697 MAPLE CIR $4,395,000 4 3.1 3146 DETACHD


PENDING SALES (Mar 5-11, 2012
)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16081 PEARCY ST AUCTION 3 3 1919 DETACHD 153
330 CERVANTES CIR 13-C $74,000 2 1 832 CONDO 273
27 CRESTFIELD CT $79,900 2 2 995 CONDO 85
5063 FOOTHILLS DR C $136,900 2 2 991 CONDO 107
5225 JEAN RD $139,600 2 2 1400 CONDO 83
5836 SW LAKEVIEW CT $140,000 3 1 1296 DETACHD 288
5875 KENNY ST $169,000 3 1 1000 DETACHD 2
1641 DEVON LN $249,900 3 2.1 2013 DETACHD 174
6140 BURMA RD $285,000 4 2 1656 DETACHD 23
1278 HIDE A WAY LN $350,000 4 2.1 2632 DETACHD 191
16775 WESTVIEW DR $365,000 3 2.1 1830 DETACHD 163
5490 ROYAL OAKS DR $389,000 3 2 1761 DETACHD 5
4525 TRILLIUM WOODS LOT 16 $409,900 3 2.1 2004 ATTACHD 65
5652 YORKSHIRE CT $454,900 4 2.1 3107 DETACHD 18
5515 DUNMIRE DR $536,900 5 3 3287 DETACHD 314
1584 PARRISH ST $578,900 3 2.1 3208 DETACHD 115
575 2ND ST 305 $659,000 2 2.1 1752 CONDO 5
789 E AVE $829,000 3 2.1 2733 DETACHD 50
13766 KNAUS RD $1,199,000 5 5 4674 DETACHD 10
16737 MAPLE CIR $1,400,000 3 3 1683 DETACHD 1063


SOLD (Mar 5-11, 2012
)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4459 THUNDER VISTA LN #4459 $149,999 $140,000 2 2.1 1925 CONDO 99
5852 LAKEVIEW CT $185,000 $190,000 3 1 1032 DETACHD 214
5720 SW KENNY ST $189,900 $191,100 3 2 1416 DETACHD 6
16211 INVERURIE RD $196,100 $194,139 4 2.1 1819 DETACHD 125
1716 ASPEN CT $249,900 $232,000 3 2 1528 DETACHD 237
14101 GOODALL RD $345,000 $337,650 4 2 1953 DETACHD 11
5698 LA MESA CT $589,900 $574,000 4 2.1 2650 DETACHD 256
17426 BERGIS FARM DR $894,500 $825,000 4 3.1 4444 DETACHD 174

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 ~ March 11, 2012

It’s heating up out there in real estate land….

Enjoy a Sunday outing and explore some of the Lake Oswego homes on the market:

Address L/Price # Beds # Baths Total SF Style Time
14316 HOLLY SPRINGS RD $275,000 3 2.1 1325 DETACHD 1-3PM
24 WALKING WOODS DR $282,000 3 2.1 1886 DETACHD 1-4PM
16834 CHERRY CREST AVE $310,400 4 2.1 2598 DETACHD 1-3PM
4573 OAKRIDGE RD Lot 33 $374,900 3 2.1 1835 TOWNHSE 11AM-2PM
4571 OAKRIDGE RD Lot 32 $419,900 3 2.1 2092 TOWNHSE 11AM-2PM
13020 PRINCETON CT $429,000 4 2.1 3004 DETACHD 1-4PM
5947 MEADOWCREEK CT $499,900 4 2.1 2485 DETACHD 1-3PM
5537 KILCHURN AVE $519,900 4 2.1 2301 DETACHD 1-4PM
5542 DUNMIRE DR $529,900 4 2.1 3204 DETACHD 11AM-4PM
5595 LUCE LN $579,900 5 3 3337 DETACHD 11AM-4PM
2150 HILLSIDE CT $590,000 4 3 3582 DETACHD 1-3PM
15633 FIELDSTONE DR $618,950 4 2.1 3047 DETACHD 12-2PM
5533 FIELDSTONE CT $628,950 4 2.1 3115 DETACHD 12-2PM
17406 BROOKHURST DR $669,900 5 3.1 3775 DETACHD 2-4PM
18231 SIENA DR $994,000 4 3.1 3655 DETACHD 12-2PM
18132 SIENA DR $1,125,000 4 3.1 3565 DETACHD 12-2PM
18202 BELLA TERRA DR $1,145,000 4 3.1 3863 DETACHD 12-2PM

Market Activity ~ Feb 20 – 26, 2012

In Lake Oswego there were 9 New properties entering the market, 23 in Pending status, and 8 marked as Sold during the last week according to RMLS  ….Not bad!
See below for further details:

NEWLY LISTED (Feb 20 – 26, 2012)

Address List Price # Beds # Baths Total SF Prop Type
4386 THUNDER VISTA LN $147,000 2 2.1 1980 CONDO
3994 SW CARMAN DR $195,000 2 2.1 1146 CONDO
14423 ORCHARD SPRINGS RD $374,900 3 2.1 1710 CONDO
6666 CHILDS RD $385,000 3 1 2073 DETACHD
33 SPINOSA $439,900 3 2.1 2250 DETACHD
18042 JENIFERS WAY $575,500 3 3 2639 DETACHD
18035 SKYLAND CIR $765,000 4 2.1 2869 DETACHD
18245 RIVER EDGE CT $995,000 4 3 4830 DETACHD
13766 KNAUS RD $1,199,000 5 5 4674 DETACHD


PENDING SALES (Feb 20 – 26,2012
)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4629 LAKEVIEW BLVD C2 $87,400 2 2 1178 CONDO 135
3930 LAKE GROVE AVE C1 $99,900 2 1 952 CONDO 38
5852 LAKEVIEW CT $185,000 3 1 1032 DETACHD 214
16211 INVERURIE RD $196,100 4 2.1 1819 DETACHD 125
65 KINGSGATE RD $249,000 3 2 1237 ATTACHD 21
1428 MEADOWS DR $250,000 3 2 2134 DETACHD 1
18407 DEER OAK CIR $273,500 3 2 1812 DETACHD 48
2134 WEMBLEY PARK RD $289,000 3 1.1 1736 DETACHD 115
17297 BRYANT RD $289,000 3 2 1428 DETACHD 6
6 Hotspur ST $289,000 3 2 2660 DETACHD 1
13594 BLAZER TRAIL $289,900 3 2 1948 DETACHD 298
1162 LAKE SHORE RD $298,000 2 1.1 1248 DETACHD 728
2491 OVERLOOK DR $299,900 5 3 3250 DETACHD 5
668 MCVEY AVE 32 $315,000 3 1.1 992 CONDO 16
1590 LARCH ST $365,000 6 2.1 2836 DETACHD 113
19201 MAREE CT $384,900 3 3 3739 DETACHD 65
12770 SIERRA VISTA DR $392,900 4 2.1 2592 DETACHD 11
2775 VALE CT $429,000 4 2.1 2994 DETACHD 233
18034 WESTVIEW DR $430,000 4 2.1 3562 DETACHD 10
13254 FIELDING RD $499,950 3 2.1 3248 DETACHD 154
17802 MARYLCREEK DR $509,000 4 4 3735 DETACHD 16
3811 CARMAN DR $580,000 4 2 3028 DETACHD 148
661 6TH ST $795,000 4 2.1 2741 DETACHD 232


SOLD (Feb 20 – 26, 2012
)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
1400 BONNIEBRAE DR $150,000 $135,000 2 1 864 ATTACHD 36
5830 SW BURMA RD $189,000 $184,000 3 1 1186 DETACHD 103
16475 BONAIRE AVE $255,000 $225,000 3 1 1214 DETACHD 243
2315 SOUTHSHORE BLVD $285,000 $240,000 3 1 1970 DETACHD 133
1685 CLOVERLEAF RD $290,000 $273,500 3 2.1 1718 DETACHD 204
2755 GLEN HAVEN RD $325,000 $275,000 3 2 2088 DETACHD 299
12511 SW BOONES FERRY RD $299,000 $295,600 3 2 1890 DETACHD 43
1300 SKYLAND DR $1,499,999 $1,295,000 4 4.2 6311 DETACHD 344

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 ~ Feb. 26, 2012

There are some great properties out there to see!

Enjoy~

L/Price Address # Beds # Baths Total SF Style Time
$364,900 19061 INDIAN SPRINGS RD 4 3 2341 DETACHD 1-4PM
$374,900 4573 OAKRIDGE RD, LOT 33 3 2.1 1835 TOWNHSE 11AM-2PM
$409,900 4525 TRILLIUM WOODS, LOT 16 3 2.1 2004 TOWNHSE 11AM-2PM
$419,900 4571 OAKRIDGE RD, LOT 32 3 2.1 2092 TOWNHSE 11AM-2PM
$425,000 919 CUMBERLAND RD 4 3 2828 DETACHD 1-3PM
$444,000 13020 PRINCETON CT 4 2.1 3004 DETACHD 1-3PM
$489,800 33 WESTRIDGE DR 5 3.1 3864 DETACHD 1-3PM
$499,900 13849 MELROSE PL 3 2.1 2916 DETACHD 1-3PM
$519,900 5503 DUNMIRE DR 4 2.1 2739 DETACHD 11AM-4PM
$529,900 5542 DUNMIRE DR 4 2.1 3204 DETACHD 11AM-4PM
$536,900 5515 DUNMIRE DR 5 3 3287 DETACHD 11AM-4PM
$539,000 5975 NEWCASTLE DR 3 2.1 3339 DETACHD 1-3PM
$559,950 7 MOUNTAIN VIEW LN 5 2.1 3324 DETACHD 1-4PM
$598,000 17884 KELOK RD 4 3.1 4124 DETACHD 2:30-4PM
$599,000 4637 HASTINGS PL 4 2.1 3568 DETACHD 12-2PM
$599,000 17802 TREETOP LN 4 3.1 4110 DETACHD 1-4PM
$599,000 580 WEIDMAN CT 5 3.1 3952 DETACHD 1-3PM
$618,950 15633 FIELDSTONE DR 4 2.1 3047 DETACHD 1-3PM
$628,950 5533 FIELDSTONE CT 4 2.1 3115 DETACHD 1-3PM
$649,000 5604 GRAND OAKS DR 5 3 3676 DETACHD 2-5PM
$669,900 17406 BROOKHURST DR 5 3.1 3775 DETACHD 2-4PM
$949,000 16805 SCOTT CT 4 3.1 4321 DETACHD 1-4PM
$994,000 18231 SIENA DR 4 3.1 3655 DETACHD 1-3PM
$1,125,000 18132 SIENA DR 4 3.1 3565 DETACHD 1-3PM
$1,145,000 18202 BELLA TERRA DR 4 3.1 3863 DETACHD 1-3PM
$1,278,850 18110 SIENA DR 4 3.1 4311 DETACHD 1-3PM
$1,299,000 18024 SKYLAND CIR 4 3.2 4131 DETACHD 11AM-2PM
$1,495,000 1104 FOREST MEADOWS WAY 4 3.1 5756 DETACHD 2-4PM

News & Notes

Here are some Market Notes for You~

According to the just-released RMLS Market Action Report for December 2011, the combined area of Lake Oswego and West Linn  reported:

  • 589 Active Listings
  • 153 New Listings
  • 97 Pending Sales
  • 75 Closed Sales
  • An average Sale Price of $364,800.
  • Average Time on the Market: 176 Days

Also:

  • For January 2012, Average Sales Price for the Portland Metro area ($249,100) was virtually unchanged as compared to 2011 ($248,900)
  • For January 20121 as compared to 2011, Closed Sales increased by a whopping 18.3%
  • and Pending Sales increased by 22.4%,
  • but there were 16.5% fewer Newly Listed residential properties