Market Activity ~ Sept 17-23, 2012

Last week we ended with 15 New on the market, 22 Pending and 7 Sold.

See below for further details on last week’s Market Activity:

NEWLY LISTED (Sept 17-23, 2012)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #17 $125,000 2 2 1100 CONDO
668 MCVEY AVE #44 $139,000 1 1 636 CONDO
200 BURNHAM RD #105 $151,400 1 1 858 CONDO
2367 GLENMORRIE DR $275,000 2 2 2132 DETACHD
5099 GALEN ST $289,900 4 2.1 2246 DETACHD
15144 BOONES WAY $319,900 4 3.1 2330 DETACHD
1449 GREENTREE CIR $345,000 4 3 1696 DETACHD
6474 FROST ST $347,500 4 2.1 2216 DETACHD
6450 FROST ST $347,500 4 2.1 2216 DETACHD
16747 BONAIRE AVE $349,900 3 2 1610 DETACHD
39 TANGLEWOOD DR $435,000 4 3 3124 DETACHD
136 D AVE $439,000 2 2.1 1754 ATTACHD
310 IRON MOUNTAIN BLVD $1,295,000 4 3.2 3503 DETACHD
14460 UPLANDS DR $1,795,000 3 3.1 3703 DETACHD
693 TERRACE DR $1,998,000 3 3 3296 DETACHD

PENDING SALES (Sept 17-23,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
204 RIDGEWAY RD $107,500 1 1 778 CONDO 230
40 OSWEGO SMT $119,900 2 2 1140 CONDO 82
225 CERVANTES $120,000 2 1.1 1216 CONDO 112
750 1ST ST #A8 $152,900 2 2 1350 CONDO 6
4 TOUCHSTONE #140 $168,000 3 2.1 1351 CONDO 75
5134 TREE ST $250,000 3 1.1 1405 DETACHD 19
2745 GREENTREE RD $259,900 2 2 1219 DETACHD 73
106 KINGSGATE RD $299,900 3 2.1 1669 DETACHD 4
14359 ORCHARD SPRINGS RD $349,900 4 2.1 1939 DETACHD 190
2955 WEMBLEY PARK RD $399,000 3 2.1 2620 DETACHD 26
1903 EGAN WAY $399,900 2 2.1 2280 DETACHD 64
14353 HOLLY SPRINGS RD $399,999 5 3 2238 CONDO 14
13899 MAJESTIC CT $405,000 3 2 2357 DETACHD 71
17121 WALL ST $424,900 4 2.1 2187 DETACHD 23
18123 WESTVIEW DR $449,800 3 2.1 2608 DETACHD 106
353 3RD ST $485,000 2 2.2 2044 ATTACHD 4
1148 LAKE SHORE RD $515,000 3 2 2404 DETACHD 2
4972 HAMPTON CT $539,000 5 3.1 3780 DETACHD 13
290 IRON MOUNTAIN BLVD $595,000 1 1 1432 DETACHD 8
1209 LAKE GARDEN CT $799,000 5 2.1 3428 DETACHD 49
17550 LAKE HAVEN DR $949,900 2 2.2 2580 DETACHD 35
17384 BERGIS FARM DR $995,000 5 4.1 5081 DETACHD 57

SOLD (Sept 17-23,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #24 $51,500 $51,500 1 1 617 CONDO 54
4000 CARMAN DR #10 $119,900 $117,500 2 2 836 CONDO 8
170 OSWEGO SMT $149,900 $144,150 2 2 1506 CONDO 129
4513 OAKRIDGE RD Lot 30 $383,930 $369,900 3 2.1 1835 ATTACHD 123
72 CONDOLEA WAY $495,000 $395,000 3 2.1 2958 CONDO 189
5250 ROYAL OAKS DR $449,900 $435,000 4 2.1 2147 DETACHD 23
1024 NORTHSHORE RD $4,695,000 $3,850,000 5 5.1 7000 DETACHD 428

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

August 2012
Here are some Market Notes for You~

According to the RMLS Market Action Report for the Portland Metro Area August 2012, “All measures of real estate activity are positive when comparing August 2012 with August 2011″:

  • “At 2311, closed sales reached the highest level for a single month period in five years”
  • 2311 represents an increase of 28% in closed sales over August 2011.
  • The average sale price year-to-date ($271,100) rose 2.7% over the same period last year,
  • ***AND… Total time on the market has dropped by 20.3% from 146 to 117 days.

For my Property Blotter readers, the combined area of Lake Oswego and West Linn reported:

  • 685 Active Listings
  • 210 New Listings
  • 131 Pending Sales
  • 149 Closed Sales
  • An average Sale Price of $470,000.
  • Average Time on the Market: 109 Days

Market Activity Sept. 10-16, 2012

Last week in Lake Oswego there were 17 homes that came onto the market, 21 that went pending, and 9 closed sales.

See below for further details on last week’s Market Activity:

NEWLY LISTED (Sept 10-16, 2012)

Address Type Price BR Bths SF
18409 Benfield Ave Detached $250,000 3 1.5 1400
446 5th St Condo $279,900 2 1.5 1092
106 Kingsgate Rd Detached $299,900 3 2.5 1669
4150 Upper Dr Detached $329,000 2 1.5 1738
4968 SW Suntree Ln Attached $330,000 2 2.5 1680
36 Aquinas St Detached $339,999 3 2 1606
13 Saint Hellens Cir Detached $345,000 3 2.5 2022
13455 Auburn Ct Attached $360,000 3 2.5 1892
1674 Fircrest Dr Detached $379,000 4 2 1998
1501 Koawood Dr Detached $395,000 4 3 2993
890 C Ave Detached $470,000 4 2 2596
6 Da Vinci St Detached $479,900 4 2.5 3378
353 3rd St Attached $485,000 2 2.5+.5 2044
444 10th St Detached $595,000 4 2 1876
290 Iron Mountain Blvd Detached $595,000 1 1 1432
1465 Morning Sky Ct Detached $899,500 5 3.5 4678
1560 Country Commons Detached $949,000 4 3.5 4379

PENDING SALES (Sept 10-16,2012 2012)

Address Type Price BR Baths SF DOM
668 McVey Ave #43 Condo $89,900 1 1 626 55
4 Touchstone #120 Condo $104,900 3 2.5 1351 28
4000 Carman Dr #85 Condo $124,500 2 2 834 10
19061 Redwing Ct Detached $249,900 3 2 1611 67
6325 Alyssa Terrace Attached $259,900 3 2.5 1485 69
4334 Woodside Circle Attached $269,900 3 2 1671 92
234 Greenridge Dr Attached $279,900 3 2 1492 11
236 Greenridge Dr Attached $289,900 3 2 1492 11
4 Del Prado St Detached $299,900 3 2.5 1716 26
15 Saint Helens Circle Detached $314,900 3 2 1528 78
14361 Sherbrook Pl Detached $419,900 3 2.5 2100 120
1267 Hide A Way Ln Detached $469,000 3 2.5 2300 41
762 Lake Forest Dr Detached $484,900 4 3 2567 160
2823 Glen Haven Rd Detached $499,000 4 2 3015 85
1580 Woodland Terr Detached $499,900 4 2.5 2127 185
17022 Crestview Dr Detached $499,900 4 3 3168 31
10 Sherwood Ct Detached $535,000 4 3.5 3289 10
5047 Woodcrest Ln 7 East Detached $679,336 4 3.5 3602 0
19395 Hilltop Rd Detached $875,000 4 3.5+.5 4911 217
16672 Fir Ln Detached $939,000 4 4.5 4179 67
2890 Glen Eagles Rd Detached $1,495,000 4 3.5 4587 17

SOLD (Sept 10-16,2012)

Address Type List Price Closed Price BR Baths CDOM
6351 Burma Rd Detached $230,000 $160,000 2 1 77
5276 Oakridge Rd Detached $274,900 $266,700 3 2 8
545 Hemlock St Detached $269,900 $276,500 3 $2 $2
875 Palisades Terrace Dr Detached $499,000 $349,900 4 3 564
5365 Lakeview Blvd Detached $419,000 $379,000 4 2.5 348
39 Spinosa Detached $449,000 $407,000 3 2.5 86
7 Mountain View Ln Detached $559,950 $488,000 5 2.5 151
775 F Ave Detached $595,000 $587,500 4 2.5 3
175 Berwick Rd Detached $1,495,000 $1,430,000 4 3.5+.5 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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Market Activity ~ Sept 3-9, 2012

Last week we ended with 16 New on the market, 14 Pending and 11 Sold.

See below for further details on last week’s Market Activity:

NEWLY LISTED (Sept 3-9, 2012)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #85 $124,500 2 2 834 CONDO
45 EAGLE CREST DR #405 $169,900 2 1.1 1056 CONDO
234 GREENRIDGE DR $279,900 3 2 1492 ATTACHD
668 McVey #72 $279,900 3 1.1 1184 CONDO
232 GREENRIDGE DR $285,000 3 2 1492 ATTACHD
236 GREENRIDGE DR $289,900 3 2 1492 ATTACHD
454 5TH ST $315,000 2 1.1 1092 ATTACHD
959 SW LEE ST $395,500 3 2 2340 DETACHD
14353 HOLLY SPRINGS RD $399,999 5 3 2238 CONDO
4231 SUNSET DR $437,500 3 2 2852 DETACHD
530 BOCA RATAN DR $469,000 4 0.3 3368 DETACHD
10 SHERWOOD CT $535,000 4 3.1 3289 DETACHD
4972 HAMPTON CT $539,000 5 3.1 3780 DETACHD
2322 STONEHURST CT $599,000 4 2.1 3602 DETACHD
17255 BLUE HERON RD $1,125,000 3 2.1 2926 DETACHD
1217 LAKE FRONT RD $1,350,000 3 2.1 2628 DETACHD

PENDING SALES (Sept 3-9,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
92 CERVANTES CIR #11E $104,900 2 1.1 912 CONDO 15
4968 OAKRIDGE RD $185,000 3 1.1 1240 DETACHD 34
1127 CEDAR ST $229,500 2 1 1070 DETACHD 358
2167 WEMBLEY PARK RD $239,000 5 2 2680 DETACHD 6
5134 TREE ST $250,000 3 1.1 1405 DETACHD 2
16155 KIMBALL ST $289,000 3 1 1488 DETACHD 69
4582 TRILLIUM WOODS $369,900 3 2.1 1835 ATTACHD 136
14190 TAYLORS CREST LN $389,900 4 2.1 2577 DETACHD 20
17975 RIDGE LAKE DR $497,900 4 2.1 2727 DETACHD 15
361 BERWICK RD $679,000 4 3 2859 DETACHD 4
135 MIDDLECREST RD $699,900 3 2.1 2882 DETACHD 58
5680 LA MESA CT $719,900 4 3.1 3440 DETACHD 114
330 NORTHSHORE RD $749,000 4 3 3324 DETACHD 113
670 IRON MOUNTAIN BLVD $805,100 4 3.2 5421 DETACHD 186

SOLD (Sept 3-9,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #514 $199,000 $160,000 1 1.1 1046 CONDO 277
8 WHEATHERSTONE $229,950 $210,000 3 2.1 1692 ATTACHD 74
15703 Boones WAY $349,000 $322,000 3 2.1 2180 DETACHD 55
4522 TRILLIUM WOODS Lot24 $388,990 $369,900 3 2.1 1835 ATTACHD 123
12 MORNINGVIEW LN $420,000 $396,000 3 2.1 2683 ATTACHD 44
2376 FERNWOOD CIR $489,000 $441,500 4 2 2094 DETACHD 9
1837 CEDAR CT $499,900 $449,900 5 3 2840 DETACHD 547
491 COUNTRY CLUB RD $559,000 $460,000 3 2 2486 DETACHD 486
16018 PARKER RD $589,900 $465,675 5 3.2 3204 DETACHD 62
1176 TROON RD $784,900 $760,000 3 2 3022 DETACHD 6
5112 WOODCREST LN #7 East $661,245 $760,091 4 4.1 3340 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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Open Houses ~ Sept 9, 2012

Happy “Open House Sunday” to you!
I’ll be at 979 Devon Lane fom 1 till 4PM. Stop by and say hello! We can relax on the veranda together : )

Address L/Price # Beds # Baths Total SF Style Open
4334 WOODSIDE CIR $269,900 3 2 1671 1STORY 1-3PM
4231 WOODSIDE CIR $289,500 3 2 1943 TOWNHSE 1:30-3:30PM
2593 GREENTREE RD $374,500 4 3 2211 TRI 11AM-1:30PM
979 DEVON LN $397,000 4 3.1 2162 CONTEMP 1-4PM
13899 MAJESTIC CT $405,000 3 2 2357 CONTEMP 2-4PM
29 PARTRIDGE LN $419,900 3 2.1 3109 2STORY 12-3PM
16439 LEXINGTON CT $449,000 2 2 1563 RANCH 1-4PM
323 3RD ST $465,000 3 3.1 1959 TOWNHSE 1-3PM
29 SPINOSA $489,000 3 2.2 3254 CONTEMP 1-4PM
84 BERWICK RD $549,000 5 3 3305 CONTEMP 2-5PM
15655 FIELDSTONE DR $589,500 4 2.1 2750 TRAD 12-2PM
14136 HEATHROW LN $599,000 4 2.1 2955 TRAD 1-3PM
5533 FIELDSTONE CT $599,500 4 2.1 3115 TRAD 12-2PM
18345 HEATHER ANN CT $649,900 4 2.1 3336 TRAD 1-3PM
2300 CHILDS RD $772,000 4 2 3183 FARMHSE 1-4PM
1209 LAKE GARDEN CT $799,000 5 2.1 3428 COLONIL 1-3PM
16805 SCOTT CT $889,000 3 3.1 4321 CUSTOM 1:30-3PM
17775 KELOK RD $949,500 4 2.1 2882 CONTEMP 1-3PM
18202 BELLA TERRA DR $1,039,500 4 3.1 3863 TRAD 2-4PM
1217 LAKE FRONT RD $1,350,000 3 2.1 2628 BUNGALO 1-3PM
112 NORTHSHORE CIR $1,625,000 4 3.1 3632 TRAD 11AM-4PM

News & Notes

Hello from the Property Blotter!
Ok, here’s the news of the week….. It’s hot and sunny in Lake Oswego, and Dianne and I are busy selling real estate! : )
Just leaving you with an image of Lake Oswego Tomatoes for now, and encouraging you to enjoy your own harvests! Ours are overflowing here…. Tomato recipes are welcome in comments from our readers below!

Market Activity Aug 27-Sept 2

Last week brought 16 New Listings to Lake Oswego, 21 Pending Sales, and Closed Sales.
See below for further details on last week’s Market Activity:

NEWLY LISTED (August 27 to September 2, 2012)

Address Type Price BR Bths SF
4 Touchstone #74 condo $158,000 3 2.5 1351
5785 Carman Dr detached $265,000 5 2.5 1934
466 5th ST #14 condo $299,900 2 1.5 1092
5745 Windfield Loop detached $369,000 3 2.5 1950
1935 Fernwood Dr detached $409,000 4 3 2100
5499 Royal Oaks Dr detached $409,900 3 2 1780
17121 Wall St detached $424,900 4 2.5 2187
2215 Fernwood Circle detached $438,950 4 3 2640
9 Spinosa detached $439,000 2 2.5 2250
323 3rd St attached $465,000 3 3.5 1959
12430 Orchard Hill Rd detached $625,000 3 3 2889
3197 Alber Spring Ct detached $649,900 4 2.5 3664
14527 Pfeifer Way detached $689,000 4 3.5 3803
8 Dover Way detached $975,000 6 4.5+.5 6244
2057 Summit Dr detached $1,095,000 4 3.5 4589

PENDING SALES (Auguest 27-September 2,2012 2012)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #24 condo $51,500 1 1 617 54
526 State St condo $119,000 2 1 914 29
181 Oswego Summit condo $149,900 2 2 1383 3
3858 Botticelli attached $182,500 3 2 1224 95
113 Touchstone Terr. attached $238,698 2 2.5 2104 327
5276 Oakridge Rd detached $274,900 3 2 1600 8
4270 Oakridge Rd detached $275,000 2 1 978 55
868 7th St detached $329,900 4 2 2270 8
4970 Suntree Ln detached $350,000 3 2 1769 8
19044 Olson Ave detached $429,000 4 4 3264 32
4909 Mulholland Dr attached $430,000 2 2.5 2403 8
17336 Hunter Ct detached $454,900 3 2.5 3004 14
2376 Fernwood Cir detached $489,000 4 2 2094 9
2 Buckingham Terr detached $519,000 4 3 3732 27
837 C Ave detached $569,000 2 2 2109 7
629 Iron Mountain Blvd detached $599,500 3 2 1966 160
1099 Troon Rd detached $899,000 4 3.5 3938 22
2180 Prestwick Rd detached $1,200,000 3 1.5 2391 21
2058 Summit Dr detached $1,390,000 3 2.5 3137 18
758 Southview Rd detached $3,450,000 5 5.5 5179 201
1024 Northshore Rd detached $4,695,000 5 5.5 7000 428

SOLD (August 27-September 2,2012)

Address Type List Price Closed Price BR Baths CDOM
203 Cervantes condo $119,900 $108,000 2 2 87
510 State ST condo $126,900 $125,710 1 1 7
15220 Boones Way 1C condo $139,900 $135,000 2 2 6
17684 Schalit Way detached $225,000 $210,000 3 1.5 6
4242 Woodside Cir attached $309,000 $288,000 3 2 33
17083 Fernwood Dr detached $389,900 $315,000 5 3 177
17200 Robb Pl detached $385,000 $395,000 3 2.5 4
12 Morningview Cir detached $425,000 $397,500 4 2.5 135
143 Furnace St condo $530,000 $490,000 2 2.5 30
5752 Victoria Ct detached $549,000 $537,500 3 2.5 23
1928 Palisades Terr detached $575,000 $575,000 4 5.5 91
217 5th St detached $699,000 $630,000 3 2.5 121
16737 Sylvan Ct detached $795,000 $750,000 4 3 329
15575 Village Dr detached $895,000 $875,000 4 2.5 18
13795 Cameo Ct detached $1,449,000 $1,350,000 4 5.5+.5 259
1345 Cherry Ln detached $1,599,000 $1,450,000 5 3.5 10
17700 Upper Cherry Ln detached $2,495,000 $1,925,000 5 5.5 724

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 ~ Aug 20-26, 2012

Last week we ended with 21 New on the market, 15 Pending and 21 Sold.

See below for further details on last week’s Market Activity:

NEWLY LISTED (August 20-26, 2012)

Address List Price # Beds # Baths Total SF Prop Type
92 CERVANTES CIR #11-E $104,900 2 1.1 912 CONDO
11 CRESTFIELD CT $118,000 1 1 650 CONDO
364 CERVANTES CIR #14-D $119,000 2 1 832 CONDO
4765 FIRWOOD RD $300,000 3 2 1728 DETACHD
868 7TH ST $329,900 4 2 2270 DETACHD
4970 SUNTREE LN $350,000 3 2 1769 DETACHD
4263 HARVEY WAY $355,000 3 2 1640 DETACHD
2955 WEMBLEY PARK RD $399,000 3 2.1 2620 DETACHD
4909 MULHOLLAND DR $430,000 2 2.1 2403 ATTACHD
17975 RIDGE LAKE DR $497,900 4 2.1 2727 DETACHD
13548 STREAMSIDE DR $599,900 5 3 3336 DETACHD
16610 WOODSMAN CT $679,900 4 3 3664 DETACHD
543 2nd ST #204 $699,000 2 2 1816 CONDO
2099 SUMMIT DR $699,000 3 2.1 2250 DETACHD
588 9TH ST $795,000 4 2.1 2741 DETACHD
19371 SW RIVERWOOD LN $1,120,000 4 4.1 5048 DETACHD
1924 CHERYL CT $1,295,000 4 4.2 5204 DETACHD
688 IRON MOUNTAIN BLVD $1,297,000 4 4.1 4143 DETACHD
2890 GLEN EAGLES RD $1,495,000 4 3.1 4587 DETACHD
14733 UPLANDS DR $1,900,000 6 5.2 6788 DETACHD
1150 FAIRWAY RD $3,795,000 5 5.1 8724 DETACHD

PENDING SALES (August 20-26,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
6351 BURMA RD $87,500 2 1 2016 DETACHD 77
668 MCVEY AVE #43 $104,900 1 1 626 CONDO 34
5225 JEAN RD #504 $150,900 2 2 1100 CONDO 14
5225 JEAN RD #314 $159,900 3 2 1500 ATTACHD 19
3433 MC NARY #506 $168,900 2 2.1 1136 CONDO 34
5195 FIRWOOD RD $206,000 3 2 1886 DETACHD 111
2325 PARK RD $284,950 3 2 1863 DETACHD 0
15115 TWIN FIR RD $299,500 3 2 1392 DETACHD 48
4104 LAKEVIEW BLVD $300,000 4 2 2024 DETACHD 10
1113 ERICKSON ST $324,500 4 2 2203 DETACHD 7
15703 Boones WAY $349,000 3 2.1 2180 DETACHD 55
14710 DAVIS LN $349,999 2 2.1 1680 ATTACHD 87
70 TOUCHSTONE $395,000 3 3 3080 DETACHD 397
5476 SOUTHWOOD DR $769,900 4 3 3858 DETACHD 5
1205 CHANDLER RD $825,000 5 3.1 4275 DETACHD 112

SOLD (August 20-26,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3 OSWEGO SMT #3 $124,900 $85,000 2 2 1212 CONDO 325
121 LEONARD ST E $106,000 $105,000 1 1 830 CONDO 4
3924 CARMAN DR $145,000 $138,000 2 2.1 1140 ATTACHD 720
4057 JEFFERSON PKWY $169,000 $162,000 3 2.1 1249 ATTACHD 22
750 1ST ST #A9 $169,000 $166,500 2 2 1350 CONDO 9
4251 WOODSIDE CIR $324,900 $250,000 3 2 2032 ATTACHD 294
975 SOUTHSHORE BLVD $285,000 $285,000 3 2.1 2118 DETACHD 4
1286 ROCKINGHORSE LN $385,000 $289,000 3 2.1 1883 DETACHD 613
35 CHURCHILL DOWNS $395,000 $340,000 4 3 2271 DETACHD 17
4101 VIRGINIA WAY $499,000 $350,000 5 3.1 2752 DETACHD 689
1475 LABURNUM WAY $359,900 $359,900 3 2.1 1748 DETACHD 4
2794 VALE CT $438,000 $385,000 3 2.1 2970 DETACHD 87
13131 THOMA RD $450,000 $440,000 3 2 2600 DETACHD 12
4484 WESTBAY RD $575,000 $465,000 5 2.1 3400 DETACHD 116
13259 SANDALWOOD CT $524,900 $524,900 4 2.1 2919 DETACHD 10
4625 FIRWOOD RD $549,900 $540,000 4 3 4147 DETACHD 23
4301 UPPER DR $739,000 $697,000 4 3 3415 DETACHD 29
637 ENGLEWOOD DR $749,000 $734,000 6 3.1 3920 DETACHD 2
13219 DEERFIELD CT $799,900 $776,750 4 3.1 3915 DETACHD 50
2348 OSWEGO GLEN CT $949,900 $800,000 4 3.1 3848 DETACHD 104
777 NORTHSHORE RD $1,295,000 $1,190,000 3 2.1 3960 DETACHD 125

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

JULY 2012
Here are some Market Notes for You~

According to the RMLS Market Action Report for July 2012 fo the Portland Metro Area “Every measure of real estate activity is positive when comparing July 2012 with July 2011″:

  • There were 23% more accepted offers,
  • There was an increase of 15.4% in closed sales ,
  • The Median Sales Price rose 7.8% over July last year, and 1.2% when comparing with June 2012
  • ***AND… This is the 4th month in a row that the Median Sales Price has risen.

The combined area of Lake Oswego and West Linn reported:

  • 662 Active Listings
  • 217 New Listings
  • 128 Pending Sales
  • 120 Closed Sales
  • An average Sale Price of $425,000.
  • Average Time on the Market: 126 Days (down by a full 10 days from last month!)

Market Activity Aug 13-19, 2012

Last week Lake Oswego had 16 homes come onto the market, 14 houses go sale pending, and 17 closed sales. Trends? Of the 16 new listings, 5 were homes that were on the market a year or more ago, expired, and have now re-listed. My thought is that the home owners have seen the market pick up and are now thinking they may have better luck. They may be right. Of the pending sales, 1/3 sold is less than 30 days. Of the closed sales, 1/2 sold is less than 30 days.

See below for further details on last week’s Market Activity:

NEWLY LISTED (August 13-19, 2012)

Address Type Price BR Bths SF
4 Touchstone #120 Condo $104,900 3 2.5 1351
668 McVey Ave #16 Condo $205,000 2 1 852
18350 Tualata Ave Detached $234,900 2 1 996
5276 Oakridge Rd Detached $274,900 3 2 1600
4 Del Prado St Detached $299,900 3 2.5 1716
4104 Lakeview Blvd Detached $300,000 4 2 2024
1113 Erickson St Detached $324,900 4 2 2203
15364 Twin Fir Rd Detached $324,900 3 1 1608
14190 Taylors Crest Ln Detached $389,900 4 2.5 2577
1041 Oxford Dr Detached $444,000 4 3.5 2712
17336 Hunter Ct Detached $454,900 3 2.5 3004
2376 Fernwood Cir Detached $489,000 5 2 2600
5682 Charles Cir Detached $549,000 4 2.5 3052
1023 Country Commons Detached $619,000 4 3 3359
13624 Provincial Hill Way Detached $729,900 4 2.5 3704
17550 Lake Haven Dr Detached $949,900 4 2.5 2580

PENDING SALES (August 13-19,2012 2012)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #24 Condo $51,500 1 1 617 38
100 Kerr Pkwy #14 Condo $64,900 1 1 617 184
4000 Carman Dr #10 Condo $119,900 2 2 836 8
4968 Oakridge Rd Detached $195,000 3 1.5 1240 15
5851 Burma Rd Detached $239,888 4 2 1760 38
1674 Larch St Detached $250,000 3 2.5 1794 147
6320 Dawn Ave Detached $349,500 5 3 2400 49
12 Morningview Ln Attached $420,000 3 2.5 2683 44
3220 Edgemont Rd Detached $519,900 4 3 2159 3
2574 Glen Eagles Pl Detached $549,000 4 3 2639 69
775 F Ave Detached $595,000 4 2.5 2700 3
18283 Lothlorien Way Detached $609,900 4 3 3015 22
16736 Sylvan Ct Detached $779,000 4 3 3914 329
3105 Wembley Park Rd Detached $875,000 3 2.5 3209 285

SOLD (August 13-19,2012)

Address Type List Price Closed Price BR Baths CDOM
3976 Carman Dr Attached $169,900 $148,000 2 2.5 22
1401 Greentree Cir Detached $299,900 $260,000 3 2 221
18585 Kristi Way Detached $285,000 $290,000 3 2 1
728 Ash St Detached $280,000 $307,000 3 2.5 4
1057 C Ave Detached $299,900 $329,000 2 1 5
19 Partridge Ln Detached $349,900 $348,600 4 3 6
4946 Mulholland Dr Attached $389,900 $359,900 3 2.5 337
4824 Hastings Dr Detached $360,000 $385,000 4 2.5 7
17265 Cedar Rd Detached $417,000 $411,000 4 2.5 59
1611 Lee St Detached $429,900 $417,810 3 2.5 46
13849 Melrose Pl Detached $459,900 $453,000 3 2.5 123
3220 Duncan Dr Detached $499,900 $472,500 4 2.5 31
5666 Grand Oaks Dr Detached $525,000 $498,000 4 2.5 15
5604 Grand Oaks Dr Detached $599,999 $573,000 5 3 172
14175 Taylors Crest Ln Detached $595,000 $574,500 3 3 246
475 10th St Detached $739,000 $720,000 5 3 23
5933 Suncreek Dr Detached $849,000 $800,000 4 3.5+.5 18

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