Open Houses ~ New Year’s Day, 2012!

Well….  There are ~NO~ Open Houses in Lake Oswego for this New Year’s Day!  So, that means… rest, enjoy ringing in the New Year, and enjoy yourselves as we each greet a bright new tomorrow!

Happy New Year,

Dianne and Linda

News & Notes

Here are some Market Tidbits for You~

  • According to RMLS, showing activity 12/5 – 12/11/11 was down by 10.8% in the state of Oregon from the week prior.
  • As always, the holiday season brings more attention to thefts at Open Houses and fraudulent activity of all kinds.  When holding your home Open, make sure to talk to your Realtor about precautions you should be taking such as putting valuables and prescriptions in a safe place.
  • Bank-owned properties are often great bargains.  Make sure to ask your Realtor to check with the Listing Agent and/or your escrow officer if you are entering into a bank-owned transaction, specifically to make sure that a title policy will be issued.  We have heard that there has been some hesitation here & there due to fears of reprisals by former owners, so best just to double-check on your particular property.

What’s Happening in Lake Oswego? ~

* “LO Reads!” – Jan 9th at 6:30PM  ~  There will be a kickoff event for this 6th annual tradition.  Be at the Lake Oswego Library for a free copy of Lake Oswego’s own Brian Doyle’s book, “Mink River”.  Kathryn Claire and Eddie Parente will play the rish fiddle and refreshments will be available.  To learn more about Lake Oswego Reads, CLICK HERE.

* Holiday Tree Recycling – Dec. 30, 31, Jan 1, & 2  + 7 & 8~  The Boy Scouts are recycling trees again this year at George Rogers Park for a small $6.00 donation.  They will be waiting to help you from 9-5 the first four days, and then from 8-4 on Jan 7 & 8.  Make sure to remove all decorations & anything non-organic from the tree before bringing it down to the park.

*Block Foam Recycling! – Sat, Jan 21 ~ If you’re like me, you wonder what the heck to do with this prevalent packing material.  The West End Building at 4101 Kruse Way will be taking it off your hands from 9 AM – 2PM or until the truck is full.  Please read more about it so that you understand what does NOT fall into this category (such as foam peanuts, foam rubber & food packaging).  CLICK HERE

Market Activity Dec 19-25, 2011

In the week that included Christmas Day, there were 5 New Listings, 11 Pending Sales, and 9 Closed Sales. I consider that to be a very strong performance for the holiday week. Also of note was very strong sales among condos.
See below for further details:

NEWLY LISTED (Dec 19-25, 2011)

Address Type Price Sq FT BR Baths
12459 Boones Ferry Rd Mfg $149,900 2305 3 2.5
51 Oriole Ln Detached $199,900 1216 3 2
58 Greenridge Ct Condo $256,900 1996 3 2.5+.5
19201 Maree Ct Detached $424,900 3739 3 3
183 Furnace St Condo $495,000 2126 2 2.5


PENDING SALES (Dec 19-25,
, 2011)

Address Type Price Sq Ft BR Baths CDOM
200 Burnham Rd Condo $89,900 959 1 1 64
4640 Lower Dr Condo $99,900 1225 2 1.5 257
226 Ridgeway Rd Condo $99,900 756 1 1 366
4 Touchstone #150 Condo $114,900 984 2 2 164
3984 Carman Dr Condo $167,500 1344 3 2.5 33
5720 SW Kenny St Detached $189,900 1416 3 2 6
15085 Glen Eagles Pl Detached $404,900 2996 3 3 715
18116 Pioneer Ct Detached $549,000 3500 5 3 3
23 Hillshire Dr Detached $589,000 3916 4 4 194
4011 Westbay Rd Detached $825,000 4518 5 3.5 561
1288 Northshore Rd Detached $2,350,000 3059 4 3 0


SOLD (Dec 19-25,
2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
12 Crestfield Ct $54,900 $44,900 Condo 552 74
91 Galen St $65,000 $46,000 Condo 680 187
1050 Sunningdale Rd $375,000 $350,000 Detached 1616 62
589 Ridgeway Rd $450,000 $375,000 Detached 1736 41
5008 Hampton Ct $448,000 $380,000 Detached 2446 249
149 Del Prado St $550,725 $439,000 Detached 3266 148
18006 Gimley Ct $479,900 $440,000 Detached 3329 496
16925 Depot St $499,950 $470,000 Detached 2631 157
307 Northshore Rd $1,500,000 $1,165,000 Detached 2673 719

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

Happy Holidays!

Whether you are celebrating Christmas, Chanukah, Kwanzaa, or any of a number of faith celebrations, Linda and I want to extend our good wishes to you this season.

Faith is a very personal consideration. I have had a client moving in from out of the area ask me if there is a prevalent church in Lake Oswego, and I honestly told her that there is not. I consider LO to be extremely diverse. While we do have 19 Christian Churches (including the Mormon Temple, a Korean United Methodist and a Chinese Faith Baptist) there are also 2 Buddhist Centers, a Synagogue, and the New Thought Center for Spiritual Living. Close by in Tigard is the Baps Hindu Temple, and not much further away in SW Portland is a Mosque. And if you find no need for formal worship, that’s OK too. Really, we are a very open community.

With Christmas Day falling on Sunday this year, there will not be an Open House report. Even Realtors need a Day off once in awhile.

May your holidays be blessed with happiness, may the New Year bring you prosperity, and may you find contentment and satisfaction in each and every day of your life.

Best wishes to you and yours,
Dianne and Linda

Market Activity ~ Dec. 12-18, 2011

Even the week before Christmas, there is a hustle & bustle in the Lake Oswego real estate scene. There were 8 New properties entering the market, 17 in Pending status, and 15 marked as Sold during the last 7-day period according to RMLS.
See below for further details:

NEWLY LISTED (Dec 12-18, 2011)

Address List Price # Beds # Baths Total SF Prop Type
16250 PACIFIC HWY 51 $99,900 1 1 841 CONDO
4654 LOWER DR A2 $115,000 2 1.1 1260 CONDO
5225 JEAN RD 511 $156,000 2 2 1400 CONDO
5720 SW KENNY ST $189,900 3 2 1416 DETACHD
1503 EASTVIEW CT $499,900 3 2.1 3362 DETACHD
1455 TIMBERLINE DR $799,000 4 3 3554 DETACHD
4110 CANAL RD $970,000 4 3.1 3676 DETACHD
17225 KELOK RD $1,195,000 4 3.1 4161 DETACHD


PENDING SALES (Dec 12-18,
, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY $64,500 2 2 822 CONDO 174
4765 FIRWOOD RD $120,000 3 1 1348 DETACHD 191
3802 BOTTICELLI ST $129,000 3 2 1224 ATTACHD 159
234 RIDGEWAY RD 16D $154,950 2 1 914 CONDO 4
165 Oswego Smt 165 $159,900 2 2 1383 CONDO 186
16774 GRAEF CIR $189,900 2 1.1 1168 DETACHD 3
16430 LAKE FOREST BLVD $195,000 3 1 1342 DETACHD 108
44 GREENRIDGE CT $209,900 3 2.1 1996 ATTACHD 27
16695 GLENWOOD CT $349,900 4 3 3060 DETACHD 176
4403 OAKRIDGE RD Lot 21 $389,900 3 2.1 2004 ATTACHD 114
5008 HAMPTON CT $398,500 3 2.1 2446 DETACHD 249
533 2ND ST 110 $415,000 2 2 1274 CONDO 42
18014 GIMLEY CT $449,900 5 3.1 4355 DETACHD 198
1700 VILLAGE PARK LN $679,900 4 4 4945 DETACHD 269
17090 CHAPIN WAY $729,000 4 3 3480 DETACHD 189
4180 CASEY CT $739,950 4 3.1 3730 DETACHD 7
1617 LAKE FRONT RD $2,999,000 4 4.1 4610 DETACHD 198


SOLD (Dec 12=18,
2011)

Address O/Price Close Price # Beds Total Baths Total SF Prop Type CDOM
322 CERVANTES CIR $99,990 $99,900 2 1 832 CONDO 57
5052 FOOTHILLS DR E $200,000 $185,000 2 2 1370 CONDO 18
5 BRITTEN CT $235,000 $225,000 2 2 1394 ATTACHD 57
16026 PARKER RD $299,900 $280,000 3 1 1620 DETACHD 265
122 KINGSGATE RD $289,950 $289,950 3 2.1 1846 DETACHD 5
518 5TH ST $369,000 $305,000 2 2.1 1426 DETACHD 150
4398 GLACIER LILY ST $425,000 $318,500 4 2.1 2936 DETACHD 127
760 TIMBERLINE DR $459,000 $400,000 5 3 3058 DETACHD 228
2825 VALE CT $417,000 $401,000 4 2.1 2304 DETACHD 31
18132 WESTVIEW DR $620,000 $500,000 4 3.1 3871 DETACHD 471
13254 TWIN CREEK CT $599,500 $580,000 3 2.1 3470 DETACHD 56
5115 DENTON DR $719,000 $665,000 4 2.1 3069 DETACHD 99
5160 Woodcrest LN Lot 3 $691,488 $702,765 4 3.1 3575 DETACHD
528 7TH ST $999,999 $950,000 5 4.3 3678 DETACHD 90
1954 EGAN WAY $1,050,000 $950,000 3 2.1 3748 DETACHD 323

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 November 2011, the combined area of Lake Oswego and West Linn  reported:

  • 651 Active Listings
  • 106 New Listings
  • 100 Pending Sales
  • 98 Closed Sales
  • An average Sale Price of $385,700.
  • Average Time on the Market: 179 Days

What’s Happening in Lake Oswego? ~

* Christmas Ship Parade – Dec 17th at 6PM  ~  Join us for the 57th year of enjoying a parade of bright Christmas Ships gliding from Riverplace Marina to Lake Oswego!  You can enjoy the colorful flotilla from the shores of Foothills Park where a warming fire and shelter will make the evening more than merry!   For more information on this annual extravaganza CLICK HERE.

* Annual Gingerbread Competition! – Dec. 13th – Dec. 25th ~  One-of-a Kind Gingerbread creations are on display at participating local businesses in celebration of “Holiday Houses of Lake Oswego” which is in its second delightful year.  To learn more about this competition CLICK HERE.

*LOPedia is Now Available! – This great resource provides information on city programs and services, as well as how it delivers those services and how much they cost.  It can be checked out at the Lake Osweego Library, and also is available online by CLICKING HERE.

Market Activity Dec. 5-11, 2011

Our Market Activity has been strong, considering that we are in the full throws of the Holidays. Last week there were 14 New Listings, 11 Pending Sales, and 11 Closed Sales. Also of note, of the 11 Closed Sales 5 were either condos or attached townhouses, and 3 were sold for over $1,000,000. Of the over $1,000,000, 1 sold in zero days (Listing Realtor brought together buyer and seller without RMLS assistance) and 1 sold in 39 days. That is very strong market activity in areas that have otherwise been slow.
See below for further details:

NEWLY LISTED (Dec. 5-11, 2011)

Address Type Price Sq FT BR Baths
234 Ridgeway Rd 16D Condo $154,950 914 2 1
3652 Spring Lane 4F Condo $159,900 1117 2 2
1531 Cedar St Detached $249,950 832 2 1
18630 Kristi Way Detached $314,900 1609 3 2
17860 Pilkington Rd Detached $319,000 2550 4 2
12511 SW Boones Ferry Rd Detached $349,000 1890 3 2
769 2nd St Detached $350,000 1200 3 1
6126 Frost Ln Detached $429,500 2400 5 3
545 Evergreen Rd Detached $549,900 2182 3 2.5
1255 Bayberry Rd Detached $734,900 2240 3 2
4180 Casey Ct Detached $739,950 3730 4 3.5
17878 Hillside Dr Detached $762,500 3594 5 3
752 8th St Detached $1,049,000 4215 4 3.5
4375 Southshore Blvd Detached $2,595,000 3716 4 3.5


PENDING SALES (Dec. 5-11
, 2011)

Address Type Price Sq Ft BR Baths CDOM
450 S State St Condo $119,000 800 2 1 86
18411 Longfellow Ave Detached $155,000 1150 3 1 139
5054 Foothills Dr H Condo $187,000 1252 3 2 93
13120 Thoma Rd Detached $345,000 3116 3 2 32
13828 Regency Ct Detached $349,000 2165 3 2.5 4
312 4th St Attached $395,000 1731 2 2.5 206
1877 Woodland Terrace Detached $399,000 2776 4 2 4
19333 Dogwood Ct Detached $479,900 3234 5 3 220
5515 Dunmire Dr Detached $536,900 3287 4 3 226
16491 Chapin Way Detached $799,000 3648 4 3 248
307 Northshore Rd Detached $1,295,000 2673 3 2 719


SOLD (Dec. 5-11,
2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
668 McVey Ave #56 $150,800 $135,000 Condo 636 22
159 Oswego Summit $175,000 $150,000 Condo 1506 385
3300 Wembly Park Rd $229,000 $200,000 Detached 2094 15
2125 Wembly Place $349,000 $307,500 Detached 2193 114
755 5th St $349,000 $312,500 Detached 927 163
4405 Oakridge Rd Lot20 $410,160 $411,330 Attached 2004 0
40 Condolea Ct $485,000 $440,000 Condo 2958 227
193 Furnace St $769,950 $510,000 Condo 2169 394
667 Iron Mountain Blvd $1,399,000 $1,200,000 Detached 4679 319
13392 Fielding Rd $1,400,000 $1,400,000 Detached 2246 0
13701 Goodall Rd $1,899,000 $1,750,000 Detached 6028 39

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

Market Activity Nov. 28 – Dec. 4, 2011

In Lake Oswego there were 11 New properties entering the market, 11 in Pending status, and a whopping 19 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (Nov 28-Dec 4, 2011)

Address List Price # Beds # Baths Total SF Prop Type
4650 LOWER DR $119,900 2 1.1 1260 ATTACHD
18 GREENRIDGE CT $199,800 3 1.1 1888 ATTACHD
908 LAKE FRONT RD $224,900 2 1 1398 DETACHD
17683 NICOLE LN $249,000 3 2 1200 DETACHD
532 2ND ST $269,900 2 2.1 1394 CONDO
21 BRITTEN CT $310,000 3 2.1 1972 ATTACHD
700 BRIERCLIFF LN $365,000 3 3 2125 DETACHD
19010 BRYANT RD $659,900 4 3.1 4878 DETACHD
1285 Wells ST $699,900 4 2.1 3718 DETACHD
18132 SIENA DR $1,125,000 4 3.1 3565 DETACHD
1500 NORTHSHORE RD $11,600,000 5 6.2 13462 DETACHD


PENDING SALES (Nov 28-Dec 4
, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16443 INVERURIE RD $170,000 4 2 1480 DETACHD 95
5733 FERNBROOK WAY $235,000 4 1.1 1250 DETACHD 76
18523 Hallberg CT $263,000 3 1.1 1307 DETACHD 101
1728 ASPEN CT $295,000 3 3 1852 DETACHD 422
17350 KELOK RD $325,000 3 1.1 1415 DETACHD 417
2376 FERNWOOD CIR $425,000 4 2 2574 DETACHD 165
17606 WOODHURST PL $572,000 5 3.1 4488 DETACHD 424
14785 UPLANDS DR $599,000 4 3 3325 DETACHD 316
4502 LAMONT WAY $650,000 4 4 3838 DETACHD 14
17512 Greenbluff DR $849,000 4 4 3777 DETACHD 417
17475 CANAL CIR $895,000 3 3 2290 DETACHD 22


SOLD (Nov 28-Dec 4,
2011)

Address O/Price Close Price # Beds Total Baths Total SF Prop Type CDOM
47 EAGLE CREST DR 3 $110,000 $50,500 2 1 932 CONDO 546
572 S STATE ST $114,900 $104,400 2 1 914 CONDO 67
6062 BURMA RD $256,487 $197,000 3 2 1875 DETACHD 441
72 GREENRIDGE CT $224,900 $200,000 3 3 1825 ATTACHD 288
14402 SHERBROOK PL $289,000 $269,000 3 2.1 2039 DETACHD 299
140 TOUCHSTONE CT $284,900 $274,945 3 2.1 1964 ATTACHD 8
1193 TROON RD $415,000 $325,000 3 2.1 2558 DETACHD 72
18715 INDIAN CREEK DR $339,900 $336,000 3 2 1976 DETACHD 244
5192 COVENTRY CT $365,000 $366,135 4 2.1 2259 DETACHD 2
12 YORICK ST $416,000 $385,000 4 3.1 2428 DETACHD 21
4673 Lakeview BLVD $429,950 $422,000 3 2 2061 DETACHD
4729 FIRWOOD RD $489,500 $465,000 3 2.1 2594 DETACHD 127
5428 SOUTHWOOD DR $619,000 $528,000 4 3 3302 DETACHD 172
17997 BRAEDEN CT $644,800 $600,000 4 3 2984 DETACHD 907
19375 EASTSIDE RD $799,000 $725,000 4 3.1 4100 DETACHD 35
13877 AMBERWOOD CIR $999,000 $895,000 4 2.1 3949 DETACHD 53
17655 KELOK RD $979,000 $930,000 3 2 1820 DETACHD 66
18284 MEADOWLARK LN $1,595,000 $1,100,000 5 5.1 5833 DETACHD 468

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 ~ December 4, 2011

Enjoy the crisp air and beautiful homes being held Open in Lake Oswego Sunday!

Here is what’s on tour according to RMLS:

Address L/Price # Beds # Baths Total SF Style Time
5063 FOOTHILLS DR C $159,900 2 2 991 CONDO 1-4PM
7 BRITTEN CT $235,000 4 2 2046 TOWNHSE 1-3PM
16212 LAKE FOREST BLVD $244,000 3 2 1267 DETACHD 1-3PM
15275 BOONES WAY $269,000 2 2 1321 TOWNHSE 12-3PM
17040 FERNWOOD DR $299,000 3 2 1919 DETACHD 2-4PM
4251 WOODSIDE CIR $304,900 3 2 2032 TOWNHSE 1-3PM
10 WALKING WOODS DR $333,000 3 2.1 2194 DETACHD 1-3PM
14361 SHERBROOK PL $409,900 3 2.1 2100 DETACHD 1:30-5PM
1584 PARRISH ST $598,900 3 2.1 3208 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