Tag: listings

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Market Activity Update – March 16 – 22, 2009

Lake Oswego saw 15 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days).  We had 8 go pending, and 9 that closed.

This is a great time to buy! (no smoke here : )  Rates are great, new & intriguing loan programs are popping up all over the place, and houses appear to be finally jiving with the “reality meter” for Buyers. 

Feel free to call or email anytime.  We love hearing from our local and out-of-state readers, and enjoy meeting you and getting you settled in Lake Oswego!

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (March 16—March 22, 2009)

Address List Price # Beds # Baths Tot. SF Prop Type List Date
100 KERR PKWY $132,500 2 1.1 823 CONDO 3/16/2009
15868 PARKER RD $187,500 2 1 780 DETACHD 3/17/2009
11 OSWEGO SMT $194,900 2 2 1,212 CONDO 3/16/2009
45 EAGLE CREST DR $210,000 2 2 1,046 CONDO 3/21/2009
12844 BOONES FERRY RD $257,000 2 2.1 1,398 CONDO 3/16/2009
2 SUMMIT RIDGE CT $354,900 2 2.1 1,750 ATTACHD 3/18/2009
5214 LOWER DR $459,900 4 2.1 2,904 DETACHD 3/19/2009
12735 Alto Park RD $495,000 3 2 1,685 DETACHD 3/20/2009
17860 Sundown CT $499,900 4 3.1 3,480 DETACHD 3/20/2009
1866 KILKENNY DR $511,100 4 3.1 3,600 DETACHD 3/19/2009
15535 VILLAGE DR $799,000 5 3 3,421 DETACHD 3/21/2009
17212 CHAPIN WAY $850,000 3 2.1 2,541 DETACHD 3/17/2009
2 GROUSE TER $989,000 4 3 4,446 DETACHD 3/17/2009
1149 LAKESHORE RD $1,295,000 4 2.1 2,606 DETACHD 3/20/2009
1005 COUNTRY CLUB RD $1,999,000 5 4 5,000 DETACHD 3/18/2009

PENDING SALES (March 16—March 22, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
 PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type List Date CDOM
4 TOUCHSTONE DR $137,500 3 2.1 1,351 CONDO 1/26/2009 52
15570 WALUGA DR $325,000 3 3 1,577 DETACHD 3/21/2009 265
16 PARTRIDGE LN $398,000 3 2.1 2,304 DETACHD 1/30/2009 48
1043 HALLINAN ST $399,900 4 2.1 2,484 DETACHD 9/3/2008 196
13222 DEERFIELD CT $649,000 4 2.1 3,022 DETACHD 1/22/2009 331
14133 AMBERWOOD CIR 750000 – 800000 4 2.1 3,200 DETACHD 6/12/2008 278
1667 VILLAGE PARK LN $899,900 6 3.1 4,743 DETACHD 2/18/2009 279
1961 SUMMIT DR $915,000 3 2.1 3,218 DETACHD 6/21/2008 268

SOLD (March 2—March 8, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address Orig Price Sale Price # Beds # Baths Tot. SF Prop Type List Date CDOM
6291 HARRINGTON AVE $249,900 $239,900 3 2 1,472 DETACHD 1/6/2009 10
4070 WESTBAY RD $350,000 $279,000 1 1 1,828 DETACHD 7/15/2008 0
17304 MARJORIE AVE $333,000 $317,125 3 1.1 1,340 DETACHD 2/3/2009 16
4 OTHELLO ST $434,900 $390,000 4 3 2,184 DETACHD 11/5/2008 111
1480 HEMLOCK ST $488,850 $410,000 4 3 2,246 DETACHD 3/24/2008 305
221 HIDALGO ST $419,500 $420,000 3 2.1 2,628 DETACHD 2/16/2009 13
178 PINE VALLEY RD $475,000 $455,000 5 3.1 2,999 DETACHD 2/12/2009 6
17454 CANAL (boat esmnt) CIR $789,900 $545,900 4 3 2,275 DETACHD 4/19/2008 261
1670 PINE ST $679,987 $579,900 4 3.1 3,286 DETACHD 11/5/2008 110

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

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Lake Oswego Open Houses – Sunday, March 22, 2009

There are 15 properties to see on Sunday in Lake Oswego.  Enjoy!

Here are those that will be held open according to RMLS:

45 Oswego Summit         $139,900     1 Bd,    1 Ba       Open 1-3

47 Eagle Crest Dr #12    $139,900     2 Bd,    1 Ba      Open 1-4

11 Oswego Summit         $194,900     2 Bd,    2 Ba     Open 1-3

750 1st St  #23              $197,500     2 Bd,    2 Ba       Open 2-4

166 Oswego Summit      $229,900     2 Bd,    2  Ba      Open 1-3

197 Oswego Summit      $264,197      2 Bd,    2  Ba     Open 1-3

5096 SW Tree St            $334,900      3 Bd,    1 1/2 Ba   Open 2-5

5785 SW Carman Dr       $364,800    3 Bd,    1 1/2  Ba  Open 1-3

5675 Childs Rd               $419,000     2 Bd, 2 1/2  Ba  Open 1-4

1462 Worthington St     $424,000      4 Bd,     3 Ba        Open 3-5

1009 Cumberland Pl      $469,000      4 Bd,     3 Ba      Open 1-4

3254 Duncan Dr             $575,000      4 Bd   3 1/2 Ba Open 2-4

17950 Ridge Lake Dr    $634,900        4 Bd   2 1/2 Ba  Open 12-2

18051 Kelok Rd             $899,000        5 Bd  3 1/2 Ba  Open 3:30-5:30     

17282 Lake Haven Dr  $1,349,950      4 Bd   2 1/2 Ba  Open 1-3

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Market Activity for March 9-15, 2009

Last week in Lake Oswego there were 16 new listings, 8 houses that went pending, and 2 closed sales.  A trend I have been watching appears to be continuing.  When I look at Days on the Market, it seems like houses are either selling very quickly or very slowly.  3 of the 7 pending sales went into escrow in a week or less of market time. 3 more sold within about 2 months.  The last two had extended market time of 236 and 426 days.  Of the closed sales, one sold in 4 days and one sold in 243 days.  I think this is reflective of changing attitudes of sellers.  People who listed their homes in late 2007 and early 2008 are being stubborn about accepting the decline in values that has occured and are either sitting on high prices or dropping prices in such away that they are behind the market trends.  Whereas sellers listing today, who are listening to their Realtor and pricing their homes at values that will meet market conditions, are realizing quick sales at or near their asking prices.   Buyers are smart.  They are watching the market and recognizing value when they see it.  Correct pricing is King.

NEWLY LISTED (March 9—March 15, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price # BR # BTHS Total SF Prop Type List Date
4 TOUCHSTONE $159,900 3 2.1 1,350 ATTACHD 3/11/2009
4000 CARMAN DR $184,500 2 2 1,100 CONDO 3/9/2009
166 OSWEGO SMT $229,900 2 2 1,506 CONDO 3/13/2009
668 MCVEY AVE $260,000 3 1.1 985 CONDO 3/12/2009
140 TOUCHSTONE CT $339,900 3 2.1 1,964 ATTACHD 3/12/2009
4366 WOODSIDE CIR $349,000 3 2 1,762 ATTACHD 3/12/2009
16890 CORTEZ CT $349,000 4 3 2,016 DETACHD 3/13/2009
4420 GOLDEN LN $349,000 3 3.1 2,165 ATTACHD 3/10/2009
5402 CARMAN DR 369900 3 1 1,720 DETACHD 3/9/2009
45 TANGLEWOOD DR 399999 5 3.1 3,166 DETACHD 3/12/2009
1462 Worthington ST 424000 4 3 1,800 DETACHD 3/9/2009
2961 DELLWOOD DR 525000 3 3 2,476 DETACHD 3/14/2009
2550 SOUTHSHORE BLVD 550000 4 3.1 3,472 DETACHD 3/11/2009
1699 VILLAGE PARK LN 675000 3 2.2 2,936 DETACHD 3/9/2009
115 BERWICK RD 998000 4 3.1 4,000 DETACHD 3/13/2009
356 9TH ST 1199000 3 3.1 3,647 DETACHD 3/10/2009

PENDING SALES (March 9—March 15, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
 PROP TYPE
DOM
Address List Price # BR # BTHS Total SF Prop Type CDOM
4 TOUCHSTONE $76,500 3 2.1 1,351 CONDO 7
127 OSWEGO SMT $184,900 2 2 1,212 CONDO 0
5487 TUALATA CT $259,000 3 2 1,200 DETACHD 236
790 BOCA RATAN DR $259,900 3 2 2,112 DETACHD 35
1140 HALLINAN CT $339,895 3 2 1,875 DETACHD 3
845 LAKE FOREST DR $399,000 3 1.1 1,359 DETACHD 68
662 9 th ST $975,000 5 3.1 4,108 DETACHD 63
14066 Goodall RD $1,629,000 4 3.1 4,220 DETACHD 426

SOLD (March 9—March 15, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM

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Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
16978 CANAL CIR $350,000 $350,000 3 2 1,962 DETACHD 4
22 HOTSPUR ST $799,000 $627,325 6 3.1 4,259 DETACHD 243

Criteria: Statistics given above are obtained from the Realtor’s Multiple Listing Service by searching condos, attached homes, manufactured homes and detached homes in the 97034 and the 97035 zip codes. DOM means Days on the Market and CDOM means Cumulative Days on the Market.

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Open Houses for Sunday, March 15th

According to the RMLS, there will be 21 houses held open in Lake Oswego this Sunday, including my listing at 4447 Golden Lane in Mt. Park.  It’s a very nice1600 square foot townhouse with 2 bedrooms and 2.5 baths.  I’ll be there from 2 to 5 pm.  I’d love to have you come by.

44 Eagle Crest Dr, $129,900, 798 sq. ft., 1 BR, 1 BTH, open 1-3

4447 Golden Ln, $264,900, 1600 sq. ft., 2 BR, 2.5 BTHS, open 2-5

5054 Foothills Dr, $278,500, 1312 sq. ft., 2 BR, 2 BTHS, open 1-3

1685 Mapleleaf Rd, $365,000, 1433 sq. ft., 3 BR, 2 BTHS, open 1-4

15 Masaryk St., $375,000-$399,000, 3680 sq. ft., 4 BR, 3 BTHS, open noon-3

5675 Childs Rd, $419,000, 1644 sq. ft., 2 BR, 2.5 BTHS, open 1-4

2838 Greentree Rd, $429,950, 1781 sq. ft., 4 BR, 2.5 BTHS, open 1-3

14431 Orchard Springs Rd, $439,900, 1960 sq. ft., 4 BR, 2.5 BTHS, open 2-4

41 Hillshire Dr, $499,000, 2670 sq. ft., 4 BR, 3 BTHS, open 1:30-3:30

8 Walking Woods Dr, $499,900, 3402 sq. ft., 4 BR, 3 BTHS, open 1-4

5807 Ridgetop Ct, $519,900, 2660 sq. ft., 5 BR, 2.5 BTHS, open 1-4

624 Livingood Ln, $559,000, 2596 sq. ft., 4 BR, 3 BTHS, open 1-3

3254 Duncan Dr, $575,000, 3997 sq. ft., 4 BR, 3.5 BTHS, open 2-4

550 Middlecrest Rd, $749,900, 2240 sq. ft., 3 BR, 2.5 BTHS, open noon-2

15422 Boones Way, $879,000, 2586 sq. ft., 4 BR, 2.5 BTHS, open 1-5

18051 Kelok Rd, $899,000, 3670 sq. ft., 5 BR, 3.5 BTHS, open 11-1

3030 Westview Ct, $948,000, 3415 sq. ft., 4 BR, 2.5 BTHS, open 2:30-4

18106 Pilkington Rd, $1,095,000, 3575 sq. ft., 4 BR, 4.5 BTHS, open 11-1

17600 Upper Cherry Ln, $1,163,000, 3867 sq. ft., 4 BR, 3.5 BTHS, open 2-4

100 Girabaldi St, $1,199,000, 4669 sq. ft., 5 BR, 3 full + 2 half BTHS, open 1-4

785 7th St, $1, 290,000, 4043 sq. ft., 4 BR, 3.5 BTHS, open 1-4

Have a great weekend!

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Market Activity Update – March 2nd – 8th, 2009

Lake Oswego saw 13 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). There were actually 27 properties showing “new” on RMLS in Lake Oswego and as you can see, only 13 of them were truly new listings. We had 3 go pending, and 4 that closed.

There are all told, 300 residential properties for sale in Lake Owego on RMLS right now ranging from $76,500. to $19,500,000.

Now that we are into Daylight Savings Time, and are seeing the first hints that Spring is on the way, market activity typically begins to increase.  There are many reasons for this, but the beautiful flowering of trees and gardens we’ll see shortly, teasers of sunny stretches (that make us think it is Summer already!), and of course the perception of longer days are not to be underestimated… I call these “human factors”.  But then, all home buying and selling is based on human factors. Speaking of which…  Is there a change you have been wanting to make in your life through buying and/or selling a home?  If so, we would of course be happy to serve you in making your dreams a reality.  Feel free to call or email anytime…  We love hearing from our local and out-of-state readers, and enjoy meeting you and getting you settled in Lake Oswego!

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (March 2—March 8, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price # Beds # Baths Tot. SF Prop Type List Date
44 EAGLE CREST DR $124,950 1 1 798 CONDO 3/4/2009
86 KINGSGATE RD $161,000 2 2 840 CONDO 3/2/2009
48 EAGLE CREST DR $208,000 2 2 1,489 CONDO 3/8/2009
197 OSWEGO SMT $264,197 2 2 1,383 CONDO 3/3/2009
605 Ash ST $279,900 3 2 1,528 DETACHD 3/4/2009
2001 BONNIEBRAE DR $299,000 3 2.1 1,819 ATTACHD 3/2/2009
1140 HALLINAN CT $339,895 3 2 1,875 DETACHD 3/8/2009
5785 SW CARMAN DR $364,800 3 1.1 1,934 DETACHD 3/4/2009
907 BULLOCK ST $369,950 4 2 2,020 DETACHD 3/4/2009
5675 CHILDS RD $419,000 2 2.1 1,644 DETACHD 3/5/2009
2838 GREENTREE RD $429,950 4 2.1 1,781 DETACHD 3/3/2009
550 MIDDLECREST RD $749,900 3 2.1 2,240 DETACHD 3/4/2009
100 3RD ST $2,495,000 3 3.1 3,600 DETACHD 3/2/2009

PENDING SALES (March 2—March 8, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQFT
 PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type CDOM
5063 FOOTHILLS DR $230,000 2 2 991 CONDO 8
3190 DUNCAN DR $289,900 3 2.1 2,401 DETACHD 80
1265 ROCKINGHORSE LN $444,000 4 3 2,402 DETACHD 237

SOLD (March 2—March 8, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Tot. SF Prop Type CDOM
136 OSWEGO SMT $142,000 $140,000 1 1 764 CONDO 10
3433 MCNARY PARKWAY $189,900 $167,000 2 2.1 1,208 CONDO 105
95 KINGSGATE RD $325,000 $314,500 3 2.1 1,669 DETACHD 51
353 ASH ST $409,900 $409,000 3 3.1 2,765 DETACHD 96

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. CDOM stands for cumulative days on market, which includes any re-listing and measures from the initial listing date.

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Lake Oswego Open Houses – Sunday March 8th, 2009

There are 11 properties to see on Sunday in Lake Oswego.  Enjoy!

Here are those that will be held open according to RMLS:

44 Eagle Crest Dr             $129,900     1 Bd,    1 Ba       Open 1-3

3311 Fir Ridge Rd             $459,000     3 Bd,    2 1/2 Ba Open 1-3

3 Cellini Ct                        $465,000     4 Bd,   2  1/2 Ba Open 12-3

624 Livingood Ln              $559,000     4 Bd,    3 Ba       Open 1:30- 3:30

3254 Duncan Dr               $575,000     4 Bd,    3 1/2  Ba Open 2-4

17960 Ridge Lake Dr       $634,900      4 Bd,    2 1/2  Ba Open 1-3

13222  Deerfield Ct         $649,000      4 Bd,    2 1/2 Ba   Open 1-3

5267 Lakeview Blvd         $750,000     4 Bd,    3 1/2  Ba  Open 11-1

14133 Amberwood Cir $750,000-800,000  4 Bd, 2 1/2  Ba  Open 1-4

14067 Goodall Rd        $1,149,000      4 Bd,     3 1/2 Ba    Open 12-4

100 Garibaldi               $1,199,000      5 Bd,   3 & 2 1/2 Ba  Open 2-4

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Market Activity for February 23-March 1, 2009

Linda and I work very hard to have our weekly market activity reports posted on Mondays. Yesterday was full of computer challenges and created a delay. So you are getting the report on Tuesday. Thanks for your patience.

Lake Oswego had 16 New Listings, 9 Pending Sales, and 9 Closed Sales:

NEWLY LISTED (February 23—March 1, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price #BR # BTHS Total SF Prop Type List Date
5063 FOOTHILLS DR $230,000 2 2 991 CONDO 2/23/2009
15010 TWIN FIR RD $294,900 8 4 3,526 DETACHD 2/25/2009
13805 REGENCY CT $419,000 4 2.1 2,045 DETACHD 2/27/2009
16026 PARKER RD $425,000 3 1 1,670 DETACHD 3/1/2009
3311 FIR RIDGE RD $459,000 3 2.1 2,112 DETACHD 2/25/2009
20 NORTHVIEW CT $499,999 3 3.1 2,827 ATTACHD 2/26/2009
2084 RIDGEWOOD RD $519,900 3 2.1 2,117 DETACHD 2/28/2009
12836 SIERRA VISTA DR $529,000 3 2.1 2,166 DETACHD 2/26/2009
3140 ROSEMARY LN 619000 4 2.1 3,000 DETACHD 2/27/2009
17675 CARDINAL DR 699000 3 3 3,458 DETACHD 2/23/2009
17751 MARYLCREEK DR 719000 4 3 3,505 DETACHD 2/23/2009
5868 SUNCREEK DR 749900 4 2.1 3,174 DETACHD 2/23/2009
4114 CASEY CT 949000 4 2.1 3,405 DETACHD 2/27/2009
1176 TROON RD 985000 3 2 3,022 DETACHD 2/23/2009
3203 Southshore BLVD 1299900 4 3.1 3,773 DETACHD 2/23/2009
17147 OLD RIVER DR 2795000 5 4.2 5,961 DETACHD 2/25/2009

PENDING SALES (February 23—March 1, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address List Price #BR #BTHS Total SF Prop Type CDOM
4640 LOWER DR $115,000 2 1.1 1,170 CONDO 572
4 TOUCHSTONE DR $159,500 3 2.1 1,351 CONDO 45
2800 WEMBLEY PARK RD $374,500 3 2 1,575 DETACHD 10
1228 HALLINAN CIR $389,000 4 2 1,932 DETACHD 7
4 OTHELLO ST $399,900 4 3 2,184 DETACHD 111
221 HIDALGO ST $419,500 3 2.1 2,628 DETACHD 54
16919 LAKERIDGE DR $449,900 5 3 2,710 DETACHD 189
762 3RD ST $650,000 3 2.1 2,710 DETACHD 198
1670 PINE ST 679987 4 3.1 3,286 DETACHD 565

SOLD (February 23—March 1, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address O/Price Close Price #BR #BTHS Total SF Prop Type CDOM
44 EAGLE CREST DR $114,950 $114,950 1 1 798 CONDO 7
86 KINGSGATE RD $145,000 $145,000 2 2 938 CONDO 31
15848 PARKER RD $187,500 $177,000 3 2 1,318 DETACHD 17
1400 PARRISH ST $299,999 $290,000 3 2.1 1,880 CONDO 143
6067 CLAIRMONT CT $529,000 $510,000 4 2.1 2,344 DETACHD 11
5624 SOUTHWOOD DR $740,000 $525,000 4 3 3,120 DETACHD 514
5299 WESTFIELD CT $799,900 $555,000 3 2.1 2,865 DETACHD 156
17561 SHEPHERDS CT $765,900 $589,000 4 2.1 3,011 DETACHD 347
5406 LANGFORD LN 795000 795000 3 2.1 3,341 DETACHD 0

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.

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Open Houses for Sunday, March 1st

There are 15 houses being promoted on the RMLS as open houses for this Sunday:

 

5487 Tualata Ct., $264,900-$279,876, 1200 SF, 3 BR, 2 BTHS, open 1-4

4458 Thunder Vista Ln., $319,000, 2200 SF, 3 BR, 2 1/2 BTHS, open 1-4

16 Partridge Ln., $418,900, 2304 SF, 3 BR, 2 1/2 BTHS, open 1-3

14431 Orchard Springs Rd., $439,900, 1960 SF, 4 BR, 2 1/2 BTHS, open 1-4

624 Livingood Ln., $559,000, 2596, 4 BR, 3 BTHS, open 1:30-3:30

3254 Duncan Dr., $575,000, 3997 SF, 4 BR, 3 1/2 BTHS, open 2-4

340 8th St., $575,000, 1992 SF, 3 BR, 2 BTHS, open 1-3

13222 Deerfield Ct., $649,000, 3022 SF, 4 BR, 2 1/2 BTHS, open 1-3

17751 Marylcreek Dr., $719,000, 3505 SF, 4 BR, 3 BTHS, open 2-4

2688 Rivendell Rd., $835,000, 3720 SF, 4 BR, 3 BTHS, open 1-4

15422 Boones Way, $879,000, 2586 SF, 4 BR, 2 1/2 BTHS, open 1-4

2400 Dellwood Dr., $899,000, 3180 SF, 4 BR, 3 BTHS, open 1-3

3030 Westview Ct., $948,000, 3415 SF, 4 BR, 2 1/2 BTHS, open 2:20-4

5677 Bonita Rd., $968,400, 3603 SF, 4 BR, 3 1/2 BTHS, open 2-4

943 Atwater Rd., $1,150,000, 3874 SF, 4 BR, 2 1/2 BTHS, open 1-4

 

I am going to mention the property at the top of the list, on Tualata Ct.  You’ll notice that the pricing is $264,900-$279,876.  This is what is called “value-range pricing”.  The representation is that the sellers will consider offers within that range.  This is a method of marketing that is occassionally used.  I believe it is based upon the theory that the range of pricing will bring in more offers and more quickly.  I don’t know that I buy into that school of thought, but it is why it is done.

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Market Activity Update – February 16 – 22, 2009

Lake Oswego saw 16 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). We had 7 go pending, and 4 that closed.

As in my last Market Activity Report on Feb. 9th, we’ve got a good mix of properties that have been on the market for quite awhile selling and going to Pending status, as well as a good number that have been on the market a relatively short period of time.  For what it’s worth, my interpretation of this is that prices are coming in line with consumer demand, i.e., homes that have been on the market awhile are at prices agreeable to buyers, and newer listings are starting out at prices that are more in line with buyer expectations.  That said, we can’t really see what the Pending sale prices will be until they actually close. So…   stay tuned to the Blotter for that info as it becomes available.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (February 16—February 22, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price # Beds # Baths Tot. SF Prop Type List Date
44 EAGLE CREST DR $135,900 1 1 798 CONDO 2/20/2009
1615 HALLINAN ST $285,000 3 1.1 1,500 DETACHD 2/17/2009
18543 LONGFELLOW AVE $339,900 3 1.1 1,279 DETACHD 2/16/2009
2800 WEMBLEY PARK RD $374,500 3 2 1,575 DETACHD 2/17/2009
1228 HALLINAN CIR $389,000 4 2 1,932 DETACHD 2/19/2009
200 BURNHAM RD $399,000 3 2 1,960 CONDO 2/18/2009
19210 MAREE CT $415,000 3 2.1 1,634 DETACHD 2/17/2009
221 HIDALGO ST $419,500 3 2.1 2,628 DETACHD 2/16/2009
131 WILBUR ST $450,000 2 2 1,312 DETACHD 2/22/2009
905 COUNTRY CLUB RD 399000 – 458876 3 2.1 2,817 DETACHD 2/19/2009
18055 CENTRAL AVE $495,000 3 1 1,202 DETACHD 2/17/2009
8 WALKING WOODS DR $519,900 4 3 3,402 DETACHD 2/17/2009
497 ASH ST $598,800 6 3 3,840 DETACHD 2/18/2009
4605 CHELSEA LN $752,000 4 2.1 3,411 DETACHD 2/17/2009
1065 LUND ST $869,000 5 3.1 4,584 DETACHD 2/17/2009
17540 RIDGEVIEW LN $1,285,000 4 3.1 4,345 DETACHD 2/19/2009

PENDING SALES (February 16—February 22, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address List Price # Beds # Baths Tot. SF Prop Type List Date CDOM
17304 MARJORIE AVE $333,000 3 1.1 1,340 DETACHD 2/3/2009 16
178 PINE VALLEY RD $475,000 5 3.1 2,999 DETACHD 2/12/2009 6
964 COUNTRY COMMONS LN $499,000 3 2.1 2,065 DETACHD 1/23/2009 27
4676 WINTHROP CT $557,750 4 2.1 3,112 DETACHD 11/18/2008 172
625 CLARA CT $587,500 3 2.1 2,532 DETACHD 9/4/2008 297
731 F AVE $624,900 4 2.1 2,668 DETACHD 1/16/2009 327
17860 CRESTLINE DR $2,795,000 4 5.2 6,810 DETACHD 10/21/2008 485

SOLD (February 16—February 22, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address O/Price Close Price # Beds Tot. Baths Tot. SF Prop Type List Date CDOM
3 THE GROTTO $300,000 $292,000 3 2 1,688 DETACHD 11/5/2008 274
4451 BERNARD ST $349,950 $330,000 3 2 1,800 DETACHD 10/29/2008 190
4 BRITTEN CT $429,000 $399,000 3 2.1 1,972 ATTACHD 11/4/2008 74
4280 CHAPMAN WAY $469,000 $441,000 3 2 1,947 DETACHD 12/15/2008 105

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.

Posted on

Open Houses – Sunday, February 22, 2009

There are 18 properties to see on Sunday in Lake Oswego.  Enjoy!

Here are those that will be held open according to RMLS:

5487 Tualata Ct  $264,900-$279,876  3 Bd,    2 Ba         Open 1-4

19251 Indian Creek Ave $335,000     4 Bd,    2 Ba          Open 1-4

18543 Longfellow Av      $339,900      3 Bd,    1  1/2 Ba Open 2-4

1685 Mapleleaf Rd          $365,000      3 Bd,    2 Ba          Open 1- 4

2800 Wembley Park Rd $374,500        3 Bd,   2  Ba         Open 1-3

1260 Larch St                 $399,000      3 Bd,    2 1/2  Ba  Open 2-4

221 Hidalgo St                $419,500      3 Bd,    2 1/2 Ba   Open 1-3

1265 Rockinghorse Ln   $444,000      4 Bd,    3  Ba          Open 1-3

111 3rd St                      $459,900       2 Bd,    2  Ba         Open 1-4

17083 Fernwood Dr       $525,000      5 Bd,     3 Ba         Open 2-4

21 Condolea Dr              $579,000      3 Bd,   2 1/2 Ba    Open 1-3

17960 Ridge Lake Dr     $669,000      4 Bd,   2 1/2 Ba    Open 1-3

15713 Tara Pl                 $699,000   4 Bd,      2  1/2   Ba          Open 12-2

15422 Boones Way        $879,000   4 Bd,  2  1/2 Ba       Open 1-4

3030 Westview Ct          $948,000   4 Bd    2  1/2  Ba     Open 2:30-4

18106 Pilkington Rd  $1,095,000   4 Bd,   3  1/2 Ba     Open 12-2

5250 Dawn Ave            $1,095,900    4 Bd,   3 1/2 Ba     Open 1-3

15905 Oswego Shore Ct  $1,590,000  4 Bd,  3  1/2 Ba     Open 1-3