Market Activity Jan. 23-29, 2012

Last week in Lake Oswego there were 14 new listings, 22 pending sales, and 5 closed sales. Of the pending sales, 4 had been on the market for more than a year.

See below for further details.

New Listings for January 23-29, 2012

4000 Carman Dr #21, a condo, $106,000, 2 BR, 2Bths, 973 SF

236 Ridgeway Rd, a condo, $156,000, 2 BR, 1 Bth, 914 SF

668 McVey Ave #57, a condo, $299,000, 3 BR, 1.5 Bths, 914 SF

16834 Cherry Crest Ave, detached, $329,600, 4 BR, 2.5 Bths, 2598 SF

4583 Trillium Woods Lot 13, a townhouse, $416,200, 3 BR, 2.5 Bths, 2004 SF

1902 Woodland Terrace, detached, $423,500, 3 BR, 3 Bths, 2138 SF

19 Falstaff St, detached, $429,900, 4 BR, 2.5 Bths, 3222 SF

537 2nd St #106, a condo, $459,900, 2 BR, 2 Bths, 1292 SF

72 Condolea Way, a condo, $495,000, 3 BR, 2.5 Bths, 2958 SF

625 4th St, detached, $559,000, 4 BR, 3 Bths, 3300 SF

5035 Rosewood St, detached, $579,900, 4 BR, 3.5 Bths, 3174 SF

19245 Megly Ct, a townhouse, $599,000, 5 BR, 3 Bths, 3490 SF

5604 Grand Oaks Dr, detached, $649,000, 5 BR, 3 Bths, 3676 SF

17951 Meadowlark Ln, detached, $824,900, 4 BR, 3.5 +.5 Bths, 5065 SF

Pending Sales for January 23-29,2012

47 Eagle Crest Dr #4, a condo, $43,500, 2 BR, 1 Bth, 436 DOM

16250 Pacific Hwy #50, a condo, $99,500, 2 BR, 2 Bths, 94 DOM

4640 Lower Dr, a condo, $99,900, 2 BR, 1.5 Bths, 291 DOM

4 Touchstone, a condo, $107,910, 3 BR, 2.5 Bths, 14 DOM

210 S State St #6, a condo, $149,000, 2 BR, 1 Bth, 86 DOM

5055 Foothills Dr C, a condo $184,999, 2 BR, 2Bths, 527 DOM

5830 SW Burma Rd, detached, $189,000, 3 BR, 1 Bth, 103 DOM

18914 Longfellow Ave, detached, $199,000, 3 BR, 1.5 Bths, 116 DOM

4305 Silver Ct, a townhouse, $207,500, 3 BR, 2.5 Bths, 409 DOM

5270 Red Leaf St, detached, $249,000, 3 BR, 2 Bths, 1 DOM

16475 Bonaire Ave, detached, $255,000, 3 BR, 1 Bth, 243 DOM

975 Southshore Blvd, detached, $285,000, 3 BR, 2.5 Bths, 4 DOM

1685 Cloverleaf Rd, detached, $290,000, 3 BR, 2.5 Bths, 204 DOM

14101 Goodall Rd, detached, $345,000, 4 BR, 2 Bths, 11 DOM

4525 Trillium Woods Lot 16, a townhouse, $409,900, 3 BR, 2.5 Bths, 24 DOM

17026 Crestview Dr, detached, $439,000, 4 BR, 3 Bths, 9 DOM

4527 Trillium Woods Lot 15, a townhouse, $439,900, 3 BR, 2.5 Bths, 134 DOM

183 Furnace St, a condo, $495,000, 2 BR, 2.5 Bths, 31 DOM

345 3rd St, a townhouse, $499,900, 3 BR, 4 Bths, 112 DOM

850 Schukart Ln, detached, $699,000, 4 BR, 3 Bths, 267 DOM

1427 Horseshoe Curve, detached, $879,000, 2 BR, 2 Bths, 240 DOM

1300 Skyland Dr, detached, $1,199,000, 4 BR, 4.5 +.5 Bths, 344 DOM

Closed Sales for January 23-29, 2012

3950 Carman Dr, a condo, listed for $140,450, closed for $126,000, 2 BR, 2.5 Bths, 60 DOM

1228 Maple St, detached, listed for $399,000, closed for $250,000, 3 BR, 2 Bths, 522 DOM

13120 Thoma Rd, detached, listed for $345,000, closed for $350,088, 3 BR, 2 Bths, 32 DOM

18014 Gimley Ct, detached, listed for $599,900, closed for $442,900, 5 BR, 3.5 Bths, 198 DOM

4180 Casey Ct, detached, listed for $739,950, closed for $740,000, 4 BR, 3.5 Bths, 7 DOM

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

  • 601 Active Listings
  • 103 New Listings
  • 84 Pending Sales
  • 104 Closed Sales
  • An average Sale Price of $456,200.
  • Average Time on the Market: 166 Days

Also:

  • For the Year, Average Sales Price for the Portland Metro area overall fell 6.7% as compared to 2010
  • For December 2011 as compared to 2010, Closed Sales increased by 10.3%
  • and Pending Sales increased by 19.3%,
  • but there were 11.7% fewer Newly Listed residential properties

 

Market Activity for Jan 16-22, 2012

Last week brought 14 new listings onto the market in Lake Oswego, 13 pending sales, and 5 closed sales. See below for further details.

New Listings for January 16-22, 2012

16250 Pacific Hwy #45, a condo, $129,500, 2 BR, 2 BTH

5225 Jean Rd #603, a condo, $179,900, 3 BR, 2 Bth

12808 SW Boones Ferry Rd, attached townhouse, $279,000, 3 BR, 2.5 Bth

14101 Goodall Rd, a detached house, $345,000, 4 BR, 2 Bth

10 Hillshire Dr, detached, $384,900, 4 BR, 3 Bths

17083 Fernwood Dr, detached, $389,900, 5 BR, 3 Bths

17026 Crestview Dr, detached, $439,000, 4 BR, 3 Bths

15939 Twin Fir Rd, detached, $589,000, 3 BR, 2 Bths

885 8th St, detached, $687,000, 3 BR, 2 Bths

5677 Bonita Rd, detached, $769,900, 4 BR, 3.5 Bths

655 7th St, detached, $799,000, 3 BR, 2.5 Bths

789 E Ave, detached, $829,000, 3 BR, 2.5 Bths

1644 Lake Front Rd, detached, $1,055,000, 4 BR, 4 Bths

17342 Ridgeview Ct, detached, $1,250,000, 4 BR, 3.5 Bths

Pending Sales for January 16-22, 2012

247 Cervantes, a condo, $120,600, 2 BR, 2Bths, 100 DOM

12459 Boones Ferry Rd, manufactured, $149,900, 3 BR, 2.5 Bths, 32 DOM

5786 Washington Ct, detached, $172,500, 3 BR, 2 Bths, 95 DOM

6380 Washington Ct, detached, $232,500, 3 BR, 2 Bths, 71 DOM

5387 Red Leaf St, detached, $249,900, 3 BR, 2 Bths, 5 DOM

15 Condolea Dr, a condo, $265,000, 3 BR, 3 Bths, 193 DOM

12511 Boones Ferry Rd, detached, $299,000, 3 BR, 2 Bths, 43 DOM

12 Walking Woods Dr, detached, $369,000, 3 BR, 3 Bths, 73 DOM

1736 Palisades Terrace Dr, detached, $423,000, 4 BR, 3.5 Bths, 204 DOM

4581 Trillium Woods Lt 14, attached, $437,840, 3 BR, 2.5 Bths, 0 DOM

1850 Egan Way, detached, $462,900, 6 BR, 3.5 Bths, 88 DOM

3899 Daniel Way, detached, $509,000, 4 BR, 2.5 Bths, 10 DOM

3000 Upper Dr, detached, $679,000, 3 BR, 3 Bths, 98 DOM

Closed Sales for January 16-22, 2012

18411 Longfellow Ave, detached, sold for $152,000, listed for $175,000, 3 BR, 1 Bth, 134 DOM

3984 Carman Dr, a condo, sold for $154,750, listed for $167,500, 3 BR, 2.5 Bths, 33 DOM

19221 Redwing Ct, detached, sold for $298,500, listed for $329,500, 3 BR, 2 Bths, 121 DOM

4403 Oakridge Rd Lot 21, attached townhouse, sold for $389,900, listed for $399,900, 3 BR, 2.5 Bths, 114 DOM

5148 Woodcrest Ln lot 4, detached, sold for $620,000, listed for $606,900, 5 BR, 4 Bths, 274 DOM

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 ~ Jan 9 – 15, 2012

There were 8 New properties entering the market, 8 in Pending status, and 7 marked as Sold during the last week according to RMLS.
See below for further details:

PENDING SALES (Jan 9-15, 2012)

Address List Price # Beds # Baths Total SF Prop Type
3930 LAKE GROVE AVE C1 $99,900 2 1 952 ATTACHD
12844 SW BOONES FERRY RD $175,000 2 2.1 1152 ATTACHD
5347 RED LEAF ST $249,900 3 2 1456 DETACHD
875 PALISADES TERRACE DR $349,000 4 3 2165 DETACHD
919 CUMBERLAND RD $425,000 4 3 2828 DETACHD
4434 LAKEVIEW BLVD $575,000 3 3 2620 DETACHD
17787 KELOK RD $895,000 4 2 3085 DETACHD
16805 SCOTT CT $949,000 4 3.1 4321 DETACHD


PENDING (Jan 9-15, 2012
)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16211 INVERURIE RD $196,100 4 2.1 1819 DETACHD 84
4760 LOWER DR $229,900 3 3 2324 DETACHD 148
705 ELLIS AVE $269,900 3 2.1 1872 DETACHD 7
207 HIDALGO ST $339,000 4 2.1 2604 DETACHD 94
525 2ND ST $385,000 2 2 1120 CONDO 247
4725 CAMBRIDGE CT $425,000 2 2.1 3056 ATTACHD 137
5148 Woodcrest LN Lot 4 $639,900 5 4 3110 DETACHD
3926 EDENS EDGE DR $899,900 5 3.2 4585 DETACHD 2


SOLD (Jan 9-15, 2012
)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
200 BURNHAM RD $93,500 $82,000 1 1 959 CONDO 64
16774 GRAEF CIR $189,900 $170,000 2 1.1 1168 DETACHD 3
655 7TH ST $375,000 $320,000 3 1.1 1558 DETACHD 109
227 4TH ST $347,500 $342,700 4 2 2352 DETACHD 8
52 CONDOLEA CT $485,000 $478,000 2 2.1 2958 CONDO 60
19345 Riverwood LN 5 West $605,900 $638,324 4 3.1 3367 DETACHD 0
1592 VIEW LAKE CT $1,195,000 $699,000 3 3 2889 DETACHD 647

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 ~ Jan. 15, 2012

Check out this nice assortment of detached Homes & Townhomes being held Open in Lake Oswego Sunday!

Address L/Price # Beds # Baths Total SF Prop Type Time
1400 BONNIEBRAE DR $150,000 2 1 864 TOWNHSE 1-3PM
18609 KRISTI WAY $219,000 4 1 1400 DETACHD 1-4PM
7 BRITTEN CT $235,000 4 2 2046 TOWNHSE 1-3PM
16212 LAKE FOREST BLVD $239,000 3 2 1267 DETACHD 1-3PM
21 BRITTEN CT $299,000 3 2.1 1972 TOWNHSE 12-2PM
4251 WOODSIDE CIR $304,900 3 2 2032 TOWNHSE 12-2PM
18630 Kristi WAY $314,900 3 2 1725 DETACHD 2-4PM
4793 AUBURN LN $377,900 3 2.1 2083 TOWNHSE 1-3M
5542 DUNMIRE DR $529,900 4 2.1 3204 DETACHD 11-4PM
5515 DUNMIRE DR $536,900 4 3 3287 DETACHD 11-4PM
5595 LUCE LN $579,900 4 3 3613 DETACHD 11-4PM
15633 FIELDSTONE DR $618,950 4 2.1 3047 DETACHD 12-2PM
5533 FIELDSTONE CT $628,950 4 2.1 3115 DETACHD 12-2PM
850 SCHUKART LN $699,000 4 3 4378 DETACHD 1:30-4PM
568 9TH ST $799,900 3 3.1 2825 DETACHD 12-3PM
582 9TH ST $799,900 3 3.1 2841 DETACHD 12-3PM
755 6TH ST $825,000 4 3.1 3973 DETACHD 12-3PM
18024 SKYLAND CIR $1,299,000 4 3.2 4131 DETACHD 1-3PM

Market Activity Jan. 2-8, 2012

The first full week of 2012 brought 14 new listings, 7 pending sales, and 5 closed sales.
See below for further details:

NEWLY LISTED (Jan. 2-8, 2012)

Address Type Price Sq FT BR Baths
56 Galen St Condo $98,000 995 2 2
1400 Bonniebrae Dr Attached $150,000 864 2 1
5776 Kimball St Detached $179,900 1084 3 2
18609 Kristi Way Detached $219,000 1400 4 1
705 Ellis Ave Detached $269,900 1872 3 2.5
18407 Deer Oak Dr Detached $299,600 1812 3 2
886 9th St Detached $349,000 870 2 1
4523 Trillium Woods Lt17 Attached $409,000 2004 3 2.5
3899 Daniel Way Detached $509,000 3115 4 2.5
5595 Luce Ln Detached $579,900 3613 4 3
1227 Lake Front Rd Detached $929,000 2616 4 3
720 Maple St Detached $950,000 3966 2 2.5
1000 Upper Devon Ln Detached $995,000 3535 3 3.5
455 Furnace St Detached $1,699,000 4000 4 3.5


PENDING SALES (Jan. 2-8, 2012
)

Address Type Price Sq Ft BR Baths CDOM
5225 Jean Rd #511 Condo $156,000 1400 2 2 22
1716 Aspen Ct Detached $249,000 1528 2 2 174
420 G Ave Detached $345,000 2363 4 2 7
1278 Hide A Way Ln Detached $350,000 2632 4 2.5 123
1736 Palisades Terrace Detached $423,000 3079 4 3.5 186
17110 Lowenberg Terr Detached $639,000 2732 4 2.5 1078
1592 View Lake Ct Detached $699,000 2889 3 3 647


SOLD (Jan. 2-8, 2012
)

Address Orig. Price Sold Price Type Sq Ft CDOM
6 Condolea Dr $198,000 $178,000 Condo 1312 299
5733 Fernbrook Way $235,000 $220,000 Detached 1250 76
14066 Edenberry Dr $619,000 $520,000 Detached 3835 12
919 Lake Shore Rd $539,000 $539,000 Detached 1817 55
17475 Canal Circle $895,000 $900,000 Detached 2290 22

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 ~ Dec 26, 2011 – Jan 1, 2012

Well….. According to RMLS, there were ZERO New properties entering the market between Dec 26th & Jan 1st, 5 in Pending status, and 15 marked as Sold.
See below for further details:

PENDING SALES (Dec 26, 2011-Jan 1, 2012,, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3950 CARMAN DR $130,000.0 2 2.1 1101 CONDO 60
5063 FOOTHILLS DR C $159,900.0 2 2 991 CONDO 38
19221 REDWING CT $298,500.0 3 2 1374 DETACHD 121
4401 OAKRIDGE RD Lot 22 $339,900.0 2 2.1 1692 ATTACHD 178
13600 GOODALL RD $999,000.0 5 2.1 3111 FARM 212


SOLD (Dec 26, 2011- Jan 1, 2012,
2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY 43 $77,380 $61,000 2 2 822 CONDO 174
450 S STATE ST $119,000 $85,000 2 1 800 CONDO 86
234 RIDGEWAY RD 16D $151,950 $150,000 2 1 914 CONDO 4
6218 NOKOMIS CT $224,900 $192,500 3 2 1512 DETACHD 159
4050 VIRGINIA WAY $389,000 $325,000 3 2 1344 DETACHD 34
1639 WORTHINGTON ST $350,000 $328,000 4 3 1920 DETACHD 73
312 4TH ST $399,000 $382,500 2 2.1 1731 ATTACHD 206
13354 TWIN CREEK LN $579,000 $530,000 5 2.1 3134 DETACHD 65
14785 UPLANDS DR $599,000 $560,000 4 3 3325 DETACHD 316
5625 SOUTHWOOD DR $669,000 $575,000 4 2.1 3280 DETACHD 186
13048 KNAUS RD $875,000 $685,000 4 3.1 3715 DETACHD 198
17554 Greenbluff DR $1,195,000 $975,000 4 4.2 5042 DETACHD 239
17147 OLD RIVER DR $2,395,000 $1,600,000 4 4.2 5961 DETACHD 581
1617 LAKE FRONT RD $2,999,000 $2,250,000 4 4.1 4610 DETACHD 198
1288 NORTHSHORE RD $2,350,000 $2,350,000 4 3 3059 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 ~ 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