Tag: listing

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Market Activity ~ Sept 27-Oct 3, 2010

Market activity last week brought Lake Oswego 10 new listings, 9 pending sales, and 12 closed sales according to RMLS.

See below for further details:

NEWLY LISTED (Sept 27-Oct 3, 2010)

Address List Price # Beds # Baths Total SF Prop Type
44 CRESTFIELD CT $75,000 2 1 923 CONDO
572 S STATE ST #8C $180,000 2 1 914 CONDO
5054 FOOTHILLS DR #69E $215,000 3 2 1252 CONDO
44 ORIOLE LN $270,000 4 2.1 2224 DETACHD
3541 RED CEDAR WAY $404,900 3 3 1963 DETACHD
17890 KELOK RD $417,900 4 2.1 3095 DETACHD
4978 MULHOLLAND DR $419,000 3 2.1 2498 ATTACHD
135 5th ST $539,900 4 1 2200 DETACHD
17606 WOODHURST PL $598,000 5 3.1 4488 DETACHD
15578 VILLAGE DR $799,000 3 2.1 3630 DETACHD

PENDING SALES (Sept 27-Oct 3, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
79 GALEN ST $69,900 2 2 995 CONDO 35
668 MCVEY AVE #54 $140,000 3 1.1 992 CONDO 5
2 MOUNTAIN CIR $160,000 2 1.1 1504 ATTACHD 21
6447 MCEWAN RD $169,900 2 1 912 DETACHD 115
6173 WASHINGTON CT $314,000 3 2 1440 DETACHD 10
1462 GREENTREE CIR $389,900 4 2.1 2507 DETACHD 138
571 2ND ST #307 $631,000 2 2 1561 CONDO
16461 CHAPIN WAY $749,900 4 2.1 4271 DETACHD 488
3151 DOUGLAS CIR $1,185,000 5 4.2 4400 DETACHD 125

SOLD (Sept 27-Oct 3, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
512 S STATE ST $129,900 $90,000 1 1 829 CONDO 106
510 S STATE ST $117,500 $95,100 1 1 829 CONDO 58
16790 LAKE FOREST BLVD $155,000 $120,000 2 1 780 DETACHD 32
4201 COLLINS WAY $279,000 $278,000 3 2 1230 DETACHD 53
15265 BOONES WAY $324,500 $300,000 2 2.1 1560 ATTACHD 21
4664 FIRWOOD RD $379,900 $347,900 3 2 1640 DETACHD 53
231 LAUREL ST $425,000 $388,000 3 3 2244 DETACHD 119
17778 MARYLCREEK DR $459,900 $400,000 3 2.1 2741 DETACHD 49
325 3RD ST $499,900 $441,500 2 2.1 1937 ATTACHD 189
15 SCARBOROUGH DR $549,000 $494,000 5 3.1 3310 DETACHD 58
1050 Schukart LN $599,000 $561,015 3 3.1 5847 DETACHD 207
17281 KELOK RD $1,195,000 $845,000 3 3 2682 DETACHD 370

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

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News & Notes

About Town:

  • What would YOU lock in the vault?  That is what the city of Lake Oswego is asking residents.  On 10/10/10 the city will culminate the celebration of its Centennial with the burial of a time capsule.  Submission of ideas are due by 9/30 HERE.
  • The Foothills Dock is now open!  Ribbon cutting is set for… tonight!  9/30 at 5:30PM.
  • Dianne has given you a heads-up regarding the Lake Draw-Down.  The draw-down will be 22 feet according to the city’s site.  We’re warned of increased truck traffic during this time.  Refill will begin in January, 2011 and continue until May.  Here is a link which includes videos & information on what the lake will look like during the draw-down.
  • October 16 marks this year’s “Neighbors Helping Neighbors” event.  If you would like to contribute your time to helping with yard work, tree & shrub removal, trimming and more… or if you need help yourself, please call: 503 635 0257, or visit the site HERE.

Mortgage Updates from Pat Goodell of Academy Mortgage:

  • Fannie, Freddie and FHA have come out with new condo guidelines that are meant to make it easier for condos to be approved, and for buyers to be able to purchase a condo.
  • FHA will be changing the allowable amount sellers can pay for closing costs/pre-paids.  Currently at 6% and will go to 3% — no date set but expected by the first of the year.

Enjoy that summertime weather for the next few days!   It should be great for touring homes on Sunday.  I’ll be holding two of my listings Open in Lake Oswego on Sunday…. come & say hi!  More on that & the rest of the Open Houses for you on Saturday.

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Market Activity Sept. 20-26, 2010

Last week brought 19 new listings onto the market, 11 pending sales, and 11 closed sales.

There is a new listing worth getting excited about. It’s a condo right on the lake at the East end off of McVey. It was previously listed for $549,000, and is now a foreclosure listed for $140,000. Seriously, waterfront for $140,000. My guess is that the bank who now owns it knows that with the lake level lowered right now for the sewer replacement project, they know it will not show well. But if you are willing to look at a mud bog until next summer when the lake is refilled, you could get yourself one screaming deal. It’s just 992 square feet, with 3 bedrooms and 1 1/2 baths. Give Linda or myself a call if you want more info.

In the mean time, here is last week’s report.

See below for further details.

NEWLY LISTED (Sept 20-26, 2010)

Address List Price Bedroom Baths Sq Feet Prop Type
44 EAGLE CREST DR $100,000 2 1 908 CONDO
668 MCVEY AVE $140,000 3 1.5 992 CONDO
4085 JEFFERSON PKWY $168,900 2 2.5 1,851 CONDO
10 ORIOLE LN $299,500 3 2 1,654 DETACHD
6173 WASHINGTON CT $314,000 3 2 1,440 DETACHD
16026 PARKER RD $330,000 3 1 1,620 DETACHD
4260 SOUTHSHORE BLVD $349,000 2 2 1,268 DETACHD
106 KINGSGATE RD $349,900 3 2.5 1,669 DETACHD
2602 ORCHARD HILL PL 409900 3 2.5 2,568 DETACHD
17187 CARLSON CT 435000 4 3 2,082 DETACHD
979 DEVON LN 457000 4 3.5 2,162 DETACHD
2250 PARK RD 499000 3 2 2,072 DETACHD
19263 MEGLY CT 559900 5 3 3,213 DETACHD
17981 MEADOWLARK LN 584900 3 2.5 3,250 DETACHD
5975 NEWCASTLE DR 649000 4 2.5 3,339 DETACHD
1969 PALISADES TERRACE DR 775000 4 2.5 3,930 DETACHD
312 9th ST 782850 4 2.5 2,640 DETACHD
453 9th ST 797950 4 3.5 2,859 DETACHD
3030 Childs RD 999950 5 4.5 7,076 DETACHD

PENDING SALES (Sept 20-26, 2010)

Address List Price Bedrooms Baths Sq Feet Prop Type
200 BURNHAM RD $149,000 2 2 1,335 CONDO
18462 DON LEE WAY $179,900 4 2 1,904 DETACHD
16200 PACIFIC HWY $184,900 2 2 1,190 CONDO
1070 HALLINAN $321,000 3 1.5 1,653 DETACHD
32 CHURCHILL DOWNS $379,900 4 2.5 3,016 DETACHD
1000 ATWATER RD $389,900 4 3 2,200 DETACHD
17491 BLUE HERON DR $459,900 4 2 2,396 DETACHD
230 4TH ST $475,000 3 3 2,165 DETACHD
13143 VERMEER DR 499000 3 2.5 2,288 DETACHD
14246 KIMBERLY CIR 615000 4 2.5 3,520 DETACHD
844 5TH ST 829000 3 3 2,590 DETACHD

SOLD (Sept 20-26, 2010)

table >

Address Orig. Price Close Price CDOM Sq Feet Prop Type
6011 SHAKESPEARE ST $195,000 $196,000 1 1,318 DETACHD
5060 FOOTHILLS DR $229,500 $210,000 32 1,252 CONDO
18929 INDIAN SPRINGS RD $324,900 $324,900 7 3,380 DETACHD
595 6TH ST $349,000 $349,000 3 893 DETACHD
19 FALSTAFF ST $500,000 $405,000 169 3,207 DETACHD
19451 SW DOGWOOD CT $559,900 $527,900 104 3,547 DETACHD
577 2ND ST $595,000 $535,000 211 1,459 CONDO
3030 WESTVIEW CT $859,000 $727,500 677 3,415 DETACHD
5288 DENTON DR $759,000 $739,000 62 3,240 DETACHD
3540 RED CEDAR WAY $919,000 $740,000 177 4,100 DETACHD
1318 HORSESHOE CURV $1,275,000 $1,090,000 165 3,554 DETACHD

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

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Open Houses for 9/26/2010

This first weekend of fall is supposed to be beautiful. A perfect time to go and explore these 27 open houses.

Time L/Price Address Bdrms Total Bath Total SF
01:00pm – 03:00pm $169,500 1400 BONNIEBRAE DR 2 1 864
01:00pm – 03:00pm $329,000 16090 SW KIMBALL AVE 4 1.1 2276
02:30pm – 04:30pm $389,000 1899 WOODLAND TER 3 3.1 3031
01:00pm – 03:00pm $389,900 1462 GREENTREE CIR 4 2.1 2507
02:00pm – 04:00pm $399,900 6666 CHILDS RD 3 1 2073
01:00pm – 03:00pm $409,900 2602 ORCHARD HILL PL 3 2.1 2568
12:00pm – 02:00pm $429,000 2697 LOOKOUT CT 3 2 2219
01:00pm – 03:00pm $469,900 17055 CRESTVIEW DR 5 3 2575
11:30am – 01:30pm $474,900 326 LAKE BAY CT 3 2 1400
12:00pm – 02:00pm $475,000 17944 TUALATA AVE 5 3 2325
01:00pm – 03:00pm $475,000 273 EVERGREEN RD 3 3.1 1789
01:00pm – 05:00pm $499,900 19319 SW DOGWOOD CT 4 2.1 3105
01:00pm – 03:00pm $499,900 10 HILLSHIRE DR 4 3 3152
01:00pm – 03:00pm $519,000 2 MORNINGVIEW CIR 3 2.1 2954
01:00pm – 05:00pm $519,900 19415 SW DOGWOOD CT 5 3 3517
01:00pm – 05:00pm $569,900 19245 SW MEGLY CT 5 3 3490
01:30pm – 03:30pm $598,950 15915 WALUGA DR 3 2.1 2939
01:00pm – 03:00pm $619,500 3943 TEMPEST DR 4 2.1 3714
02:00pm – 04:00pm $629,000 133 FURNACE ST 2 2.1 1927
01:00pm – 03:00pm $649,000 14370 PFEIFER DR 4 2.1 3318
12:00pm – 03:00pm $749,900 2469 MARYLHAVEN PL 4 3.2 5582
02:30pm – 04:30pm $799,000 4158 CASEY CT 4 2.1 3385
01:00pm – 03:00pm $1,097,000 18209 SIENA DR 5 3.1 3839
01:00pm – 03:00pm $1,194,000 18246 BELLA TERRA DR 4 3.1 4196
01:00pm – 03:00pm $1,269,000 1808 RIDGE POINTE DR 5 4.1 4155
12:00pm – 03:00pm $1,665,000 18024 SKYLAND CIR 4 3.2 4131
01:00pm – 03:00pm $2,050,000 2572 GLEN EAGLES PL 5 4.2 6490
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Home Warranties

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Home Warranties have become increasingly popular in real estate transactions. This is for several reasons. First, it gives home buyers some assurance that during the first year of ownership, after they have already financially spent so much money buying the house, they are not going to be caught by surprise with unexpected repair expenses. Second, for sellers it gives them some assurance that their buyer will be happy in the first year of ownership. Statistically homes sold with warranties have a much lower rate of post-sale litigation. And, third, Realtors like warranties pretty much for the same reason that sellers do. Happy buyers are the goal and home warranties help that to happen.

The Basics
The way a warranty works is that it is purchased at closing for between $250 and $400, depending on the plan. It can be paid for by any party to the transaction: buyer of seller. Once the warranty is in place it will be in effect for a full year. During that year if any mechanics in the house break down, the new owner calls an 800 number to order repair service. The warranty company contracts locally with approved workers who then come to the house and perform the needed repair. The buyer then pays the service charge (typically about $50-$80) for the visit and all other costs are covered by the warranty. It really is a great program. On average these policies are used at least twice in the year that they are in place.

Please notice that I am describing the policy as covering the mechanics in the house: the furnace, water heater, dishwasher, garbage disposal, electricals, etc. It does not cover the structure itself: the roof, walls, foundation, etc. Most basic policies do not cover refrigerators, washers and dryers, or air conditioning, but these can be added to the policy for additional costs. Be sure to read your policy. Some also have limitations. For instance, it may cover up to $1500 for a furnace, but not cover costs over that amount. So know the limitations and compare policies before you buy one.

There are quite a few companies that offer these policies. American Home Shield is probably the most widely known. There is also the First American Home Buyers Protection Plan, Choice Home Warranty, and Fidelity National Home Warranty. I’m sure there are others as well.

My Word of Advice
I do think a home warranty is money well spent. However, I also caution that these policies put a lot of emphasis on repair, and, in my opinion, are not quick to replace truly warn out items. Here is what happened to me:

When I bought my current home I opted for a home warranty because the dishwasher was obviously in really bad shape. The seals around the door were shot and the machine leaked when it was used. The technician who serviced it estimated that it could be repaired for $300. Why would I want to put $300 into a dishwasher that would then still be old? They offered me a credit in the same amount to apply to a new dishwasher, which I took advantage of and was happy to receive. Then I had trouble with my furnace that winter. Again, I called the warranty company and my furnace was repaired. The furnace went out a second time, again it was repaired under the benefits of my warranty. A year went by and my policy expired. The following winter, again my furnace went out. This time, with no warranty to use, I called a company of my choice. This time the technician said my furnace was so bad it was unsafe to use and he red tagged it. I then replaced my furnace. In hindsight I wish that when my furnace had gone out the second time, while it was under warranty, that I would have gotten another opinion. I think the warranty company did full fill the obligation of the policy because they were able to get the furnace to work, but I also think that I could have had the policy assist with the furnace replacement if I had taken the time to do my own inquiry.

I do think that if you are a buyer or a seller you should consider a home warranty when you are involved in your next real estate transaction. At least ask the question as to whether it would benefit you or not. And, as always, listen to the advice of your Realtor.

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Market Activity ~ Sept 13-19, 2010

Market activity last week brought us 16 new listings, 2 pending sales, and 14 closed sales.

Two of the New Listings, Eagle Crest & Southwood, had been off the market for just a little less than 30 days & took a $30,000 price drop & approx $10,000 respectively.  Cameo was only off the market for a few days, but took a $250,000 price drop.  All show as New Listings with new Realtors as well.

See below for further details.

NEWLY LISTED (Sept 13-19, 2010)

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #1 $110,000 2 1 908 CONDO
3433 McNary PKWY #504 $189,900 2 2.1 1136 CONDO
37 ORIOLE LN $274,900 2 2 1520 DETACHD
1095 CORNELL ST $299,500 2 1 1416 DETACHD
427 9TH ST $299,900 4 2 2130 DETACHD
4760 LOWER DR $345,000 4 3 2500 DETACHD
13901 SUNDELEAF DR $350,000 4 0.3 1877 DETACHD
151 DEL PRADO ST $439,000 4 2.1 2447 DETACHD
326 LAKE BAY CT $474,900 3 2 1410 DETACHD
777 BERWICK CT $475,000 3 2 2324 DETACHD
14361 SHERBROOK PL $569,000 3 2.1 2100 DETACHD
5705 SOUTHWOOD DR $598,000 4 2.1 3360 DETACHD
15566 VILLAGE PARK CT $709,900 5 3.1 4692 DETACHD
193 FURNACE ST $769,950 2 2.1 2215 CONDO
13795 CAMEO CT $1,400,000 4 5.2 7190 DETACHD
1677 LESLIE LN $2,599,000 5 5.1 7534 DETACHD

PENDING SALES (Sept 13-19, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4664 FIRWOOD RD $349,900 3 2 1640 DETACHD 53
17670 MARYLBROOK DR $499,000 4 3 3067 DETACHD 261

SOLD (Sept 13-19, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #31 $84,950 $71,000 2 1 1009 CONDO 104
205 CERVANTES $164,900 $120,000 2 1.1 1216 CONDO 145
16200 PACIFIC HWY #8 $279,900 $221,500 2 2 1208 CONDO 120
3388 EDGEMONT RD $359,900 $250,000 3 2.1 1968 DETACHD 283
4236 HARVEY WAY $399,500 $348,000 3 2.1 1870 DETACHD 110
15580 PARTRIDGE DR $378,000 $350,000 3 2.1 2245 DETACHD 267
17518 REDFERN AVE $409,000 $365,000 3 2 1831 DETACHD 715
24 PARTRIDGE LN $449,000 $450,000 4 2.1 3224 DETACHD 40
5678 CHARLES CIR $580,000 $520,000 3 4 3455 DETACHD 495
14158 KIMBERLY CIR $530,000 $530,800 5 3 3648 DETACHD 40
19288 SW Megly CT $579,900 $562,400 5 3 3594 DETACHD 149
1425 CHANDLER RD $978,000 $750,000 4 3 3384 DETACHD 43
4912 FIRWOOD RD $999,900 $950,000 4 4 5640 DETACHD 21
19000 BRYANT RD $965,000 $965,000 5 3.1 5874 DETACHD 3

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

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“How Are Things In The Market Right Now?”

“How Are Things In The Market Right Now?” Hmmm… I guess I’m writing more of a philosophical or “opinion piece” today. This is such an interesting question… I hear it every day in one form or another.  Often it is accompanied by “Things are pretty bad, aren’t they?  I hear they’re getting worse.” or “I’m ready to buy but think maybe I should wait till prices drop more.” or “I read that….”   All of these are motivated by a combination of media influence, a desire to make good decisions, and some good ‘ole car-wreck-neck-jerking thrown in.  We are all in the same boat, and Realtors have some inside knowledge that folks would like to have. The truth is, aside from offering some statistics (local, please), and some of what I’ve heard experts predicting, I always say the same thing… “I don’t really believe in statistics… in my own life anyway.”   Real Estate is like that as a profession.  You need a combination of faith, perseverance, and real skill to offer clients in order to achieve successful outcomes. I usually say ( in addition to the numbers or current trends I’m aware of), “Things are pretty good here in my world”.  What you really need to assess is:  How are things in your world?.

You’ll notice that there are fewer Realtors around than there used to be.  One thing you can be sure of; The Realtors who are in business right now are in business for a reason…  namely the three I outlined above. Talk to your Realtor, and begin to assess your own situation.

Is the market in the right shape for your purpose right now?    I don’t know- Ask yourself:

  • Are you needing a bigger home/Is your family growing etc?
  • Is there a change in your living- or relationship-status that necessitates some movement?
  • Are you being transferred in your job?
  • Would you really like to (or do you need to) downsize?
  • Is a change of schools for your kids in order?
  • Have you been wanting a real estate  investment opportunity?
  • Do your friends all live on the other side of town?

These are just a few of the reasons you might want to take advantage of the current really low prices, and really low interest rates. So… for those three variations on questions I get about the market:

  • Assess your own local market data, and talk to a mortgage broker about your own unique set of facts pertinent to your choice to act or not.  Then make the Right Decision for you based on more than rumors or innuendo.
  • As far as prices go… no one really knows for sure, but one thing is true: According to the experts, interest rates are not going lower….  So even if you wait for home prices to lower a little more (assuming they do… locally in the metro area , according to RMLS, sold prices increased from July2010  to August 2010 by 0.8%… & 1% from August ’09)   you will have negated any benefit by most likely settling for higher interest rates.
  • When reading or listening to news reports about real estate- “Consider the source”… and the subject matter.  Very often folks are hearing national information on the national news, and while that can be interesting in gauging where markets might be headed based on experiences in the past (what states declined first… what states followed in both negative and positive trends, and in what order…) the only really relevant information to your particular situation is local.  The adjunct to that of course is how that information intersects with your personal goals.

Read our Market Activity Report every Monday. Talk to your Realtor.  Talk to a Mortgage Broker.  Get the facts and then decide for yourself.  Life is happening everywhere… all at the same time!  : )  Don’t let fear and natural but morbid fascination with negative news stories run your life.  (That’s MY two cents!  : ) Very Best, Linda

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Market Activity September 6-12, 2010

Market activity last week brought us 10 new listings, 11 pending sales, and 3 closed sales.

See below for further details.

NEWLY LISTED (September 6-12, 2010)

Address List Price Bedrooms Baths Sq. Feet Prop Type
2 MOUNTAIN CIR $160,000 2 1.5 1,504 ATTACHD
5063 FOOTHILLS DR $225,000 2 2 991 CONDO
17335 ASHLEY CT $294,900 3 2.5 2,161 ATTACHD
532 2ND ST $350,000 2 2.5 1,394 CONDO
1551 WOODLAND TER $499,000 4 2 2,712 DETACHD
5188 MADRONA ST $549,000 3 3 3,183 DETACHD
17682 MARYLBROOK DR $649,900 4 2.5 3,799 DETACHD
3883 TAMARACK LN $669,000 4 2.5 2,898 DETACHD
13978 Westcott CT 675000 3 3 3,361 DETACHD
1088 WESTWARD HO RD 725000 2 2 1,837 DETACHD

PENDING SALES (September 6-12, 2010)

Address List Price Bedrooms Baths Sq Feet Prop Type
200 BURNHAM RD $139,000 2 1 1,216 CONDO
16250 PACIFIC HWY $139,000 2 2 1,327 CONDO
6125 FERNBROOK ST $239,000 3 1.5 1,271 DETACHD
1496 BOCA RATAN DR $249,900 3 1.5 1,403 ATTACHD
875 LEE ST $349,900 3 2 2,200 DETACHD
2329 STONEHURST CT $539,900 4 3 3,275 DETACHD
18263 ANDUIN TER $575,000 4 3 3,100 DETACHD
550 MIDDLECREST RD $584,900 3 2.5 2,240 DETACHD
13566 STREAMSIDE DR 598000 3 2.5 3,123 DETACHD
5657 VICTORIA CT 689900 4 3 3,421 DETACHD
1641 ENGLEWOOD DR 695000 4 2.5 4,204 DETACHD

SOLD (September 6-12, 2010)

Address List Price Closed Price Bedrooms Prop Type Baths Sq Feet CDOM
745 BERWICK CT $549,000 $520,000 3 DETACHD 2 1988 143
2125 RIDGE POINTE DR $879,000 $790,000 4 DETACHD 3.5 3489 171
13764 KNAUS RD $1,375,000 $1,200,000 4 DETACHD 4.5 4805 52

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

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Open Houses for Sunday, September 12th

According to the RMLS, there will be 27 open houses in Lake Oswego tomorrow. Enjoy!

Address List Price Bedrooms Baths Prop Type Open
1400 BONNIEBRAE DR $169,500 2 1 ATTACHD 1 to 3
4347 SILVER CT $312,000 3 2.5 CONDO 1:30 to 3:30
466 5TH ST $329,900 2 1.5 ATTACHD 1 to 3
4243 ALBERT CIR $354,000 4 3 DETACHD 12 to 3
138 KINGSGATE RD $379,900 3 2.5 DETACHD 1 to 3
252 NORTHSHORE RD $395,000 3 1 DETACHD 1 to 3:30
273 EVERGREEN RD $475,000 3 3.5 ATTACHD 11 to 2
920 EVERGREEN RD $499,500 3 2 DETACHD 1 to 3
1740 YARMOUTH CIR 510000 2 2.5 DETACHD 1 to 4
19415 SW DOGWOOD CT 519900 5 3 DETACHD 1 to 5
1625 BEDFORD CT 549900 2 2.5 DETACHD 2 to 4
19245 SW MEGLY CT 569900 5 3 DETACHD 1 to 5
13596 STREAMSIDE DR 579900 4 2.5 DETACHD 1 to 4
14246 KIMBERLY CIR 615000 4 2.5 DETACHD 1 to 3:30
3943 TEMPEST DR 619500 4 2.5 DETACHD 12 to 2
12645 BOONES FERRY RD 630000 4 2 DETACHD 1 to 4
17658 BROOKHURST DR 649900 4 3 DETACHD 1 to 3
5321 AMBERWOOD CT 709000 4 3 DETACHD 3 to 5
649 9TH ST 789000 3 2.5 DETACHD 1 to 3
4158 CASEY CT 799000 4 2.5 DETACHD 2:30 to 4:30
1809 HEADLEE LN 850000 3 2.5 DETACHD 2 to 4
18209 SIENA DR 1097000 5 3.5 DETACHD 1 to 3
18246 BELLA TERRA DR 1194000 4 3.5 DETACHD 1 to 3
2569 GLEN EAGLES PL 1199000 5 4.5+.5 DETACHD 1 to 3
1808 RIDGE POINTE DR 1269000 5 4.5 DETACHD 1 to 3
1968 CHERYL CT 1595000 4 4.5+..5+.5 DETACHD 1 to 4
2572 GLEN EAGLES PL 2050000 5 4.5+.5 DETACHD 1 to 3
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Market Activity Aug 30-Sept 5, 2010

Market activity last week brought us 16 new listings, 12 pending sales, and 13 closed sales.

See below for further details.

NEWLY LISTED (August 30-Sept 5, 2010)

Address List Price Bedrooms Baths Prop Type
49 OSWEGO SMT $85,000 1 1 CONDO
3924 CARMAN DR $199,000 2 2.5 ATTACHD
23 GREENRIDGE CT $235,000 2 1.5 ATTACHD
5713 SW KENNY ST $284,900 3 2 DETACHD
4347 SILVER CT $312,000 3 2.5 CONDO
9 ORIOLE LN $335,000 3 3 DETACHD
132 MIDDLECREST RD $364,900 3 1 DETACHD
12139 SW ORCHARD HILL WAY $399,000 4 2.5 DETACHD
200 BURNHAM RD 429000 3 2 CONDO
1900 GREENTREE RD 449000 4 3 DETACHD
2634 ORCHARD HILL PL 449500 3 2.5 DETACHD
1033 YATES 549900 4 3.5 DETACHD
17590 BLUE HERON DR 850000 4 3 DETACHD
100 GARIBALDI ST 999500 5 3.5+.5 DETACHD
4464 LAKEVIEW BLVD 1399000 3 4 DETACHD
1300 FAIRWAY RD 4490000 4 3.5 DETACHD

PENDING SALES (Aug 30-Sept 5, 2010)

Address List Price Bedrooms Baths Prop Type
512 S STATE ST $99,900 1 1 CONDO
45 EAGLE CREST DR $119,900 1 1 CONDO
41 GREENRIDGE CT $175,000 3 2.5 ATTACHD
74 GREENRIDGE CT $259,900 3 2.5 ATTACHD
541 2ND ST $499,000 2 2 CONDO
15 SCARBOROUGH DR $499,000 5 3.5 DETACHD
577 2ND ST $535,000 2 2 CONDO
339 6TH ST $549,900 3 3.5 ATTACHD
1050 Schukart LN 599000 3 3.5 DETACHD
3030 WESTVIEW CT 795000 4 2.5 DETACHD
490 COUNTRY CLUB RD 869900 5 4 DETACHD
16772 ALDER CIR 1995000 4 3.5 DETACHD

SOLD (August 30-Sept 5, 2010)

Address Orig./Price Close/Price Bedrooms Prop Type Baths CDOM
5857 CARMAN DR $190,000 $162,000 2 DETACHD 1 92
668 MCVEY AVE $329,998 $252,000 3 CONDO 1.5 647
116 TOUCHSTONE TER $299,000 $270,000 3 CONDO 2.5 327
1851 KILKENNY DR $450,000 $305,000 4 DETACHD 3 2
75 CONDOLEA WAY $389,000 $369,000 3 CONDO 3 133
1480 Hemlock ST $388,800 $369,000 4 DETACHD 3 92
16 PARTRIDGE LN $419,000 $385,000 3 DETACHD 2.5 104
13909 MAJESTIC CT $399,900 $415,000 4 DETACHD 3 126
26 INDEPENDENCE AVE $574,000 495,000 4 DETACHD 3 117
5722 CHARLES CIR $599,900 560,000 4 DETACHD 2.5 69
17446 BRYANT RD $795,000 730,000 4 DETACHD 4 1515
13777 Cameo CT $1,950,000 1,400,000 5 DETACHD 4.5 411
95 IRON MOUNTAIN BLVD $1,550,000 1,400,000 4 DETACHD 5.5 631

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