Market Activity for 9/26 to 10/2, 2011

In Lake Oswego last week there were 14 new listings, 16 pending sales, and 10 closed sales.
See below for further details:

NEWLY LISTED (Sept. 26 to Oct. 2, 2011)

Address Type Price Sq FT BR Baths
18914 Longfellow Ave Detached $235,000 1232 3 1.5
16212 Lake Forest Blvd Detached $249,000 1267 3 2
3500 Red Cedar Way Detached $250,000 1769 3 2
6263 Childs Rd Detached $279,900 1600 3 2
113 Touchstone Attached $289,000 1838 2 2.5
589 Ridgeway Rd Detached $450,000 1736 3 2
13880 Knaus Rd Detached $520,000 3532 4 3.5
17160 Kelok Rd Detached $549,900 4650 4 4
3811 Carman Dr Detached $580,000 3028 4 2
17952 Cardinal Dr Detached $599,999 1702 4 2
15633 Fieldstone Dr Detached $618,950 3047 4 2.5
17601 Woodhurst Pl Detached 699,000 3272 3 2.5+.5
4767 Dogwood Dr Detached $839,900 3964 4 2.5
12900 Fielding Rd Detached $4,395,000 7527 6 7.5

PENDING SALES (Sept 26 to Oct 2, 2011)

Address Type Price Sq Ft BR Baths CDOM
12 Crestfield Ct Condo $44,900 552 1 1 74
48 Eagle Crest Dr 3B Condo $134,900 1489 2 2 37
5064 Foothills Dr H Condo $185,000 1252 3 2 203
4760 Lower Dr Detached $229,900 2324 3 3 44
3305 Upper Dr Detached $299,999 1484 3 2 172
1286 Rockinghorse Ln Detached $309,000 1883 3 2.5 316
18715 Indian Creek Dr Detached $339,825 1976 3 2 244
1214 Hallinan Circle Detached $342,000 1748 3 2 7
17071 Rebecca Ln Detached $379,900 2230 4 3 129
4693 Lakeview Blvd Detached $429,950 2021 3 2 120
4729 Firwood Rd Detached $489,500 2594 3 2.5 127
18462 Anduin Terr Detached $524,900 2982 4 2.5 71
215 Chandler Pl Detached $895,000 3118 3 2.5 355
1066 Northshore Rd Detached $1,195,000 4224 4 5.5 239
1715 Edgecliff Terr Detached $1,295,000 4929 4 4.5 475
2936 Lakeview Blvd Detached $1,888,000 4179 5 3.5 120

SOLD (Sept 26 to Oct 2, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
4454 Thunder Vista Ln $170,000 $157,000 Condo 2060 158
16443 Lake Forest Blvd $249,900 $206,000 Detached 1474 47
5139 Tualata Ln $257,900 $262,000 Detached 1524 6
55 Northshore Rd #4 $289,000 $289,000 Condo 1554 18
17095 Rebecca Ln $399,900 $375,000 Detached 2350 84
19285 Megly Ct $539,900 $479,900 Detached 3275 203
605 4th St $525,000 $518,000 Detached 1880 30
5511 Fieldstone Ct $638,950 $615,000 Detached 3037 629
17460 Wren Ct $995,900 $850,000 Detached 3305 180
3328 Lakeview Blvd $3,750,000 $2,565,000 Detached 6675 471

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

Featrured Neighborhood: Bryant

There are 25 neighborhoods in Lake Oswego and today I want to focus on one in particular: Bryant. Bryant is found on the South side of the lake and is bounded by Upper Drive on the North, Southshore and Kelok roads on the East, Childs and Deerbrush roads on the South, and Pilkington on the West.

Lake Grove Swim Park
Highlights of the neighborhood include Waluga Junior High School, West Bay, Lamont Springs Nature Park, and on the Northern edge, one of Lake Oswego’s two swim parks, the Lake Grove Swim Park.

There is a small commercial commercial district that allows the neighborhood to enjoy 4 excellent restaurants. LaVang’s is an institution having been opened many years ago by a Vietnamese doctor who used the proceeds to support an orphanage in Vietnam. I am not sure if the connection to the orphanage still exists, but I can tell you that the good food has remained. It has wonderful Pho and amazing salad rolls. Deno’s Pizzeria has about the best caesar salad I have ever eaten. Pine Shed Ribs serves Santa Maria Style Barbeque. And the newest addition is Oliver’s which specializes in farm to table fresh ingredients with a Mexican flair.

West Bay
Housing in the area runs the gamut. There are several condominium complexes with pricing ranging from $100,000 to $175,000, with 1 currently for sale, 2 pending and in escrow, and 1 closed sale in the last 6 months.. The single family residential has a much broader range.

There are currently 22 houses for sale. The least expensive house currently for sale was built in 1952 and is a bank foreclosure. It has 2324 square feet (928 is in an unfinished basement), 3 bedrooms and 3 full baths. It is listed for $229,900.

The most expensive house currently for sale is on a canal. It was built in 1985, is on nearly half an acre with 4 bedrooms and 2.5 baths, and is listed for $1,199,000.

25 homes have sold in the last 6 months. The low sale occurred on a mid-century modern home that was built in 1962. With 1700 square feet, 3 bedrooms and 2 baths, it was listed for $229,900. It sold in just 2 days for $209,400. The most expensive sale was a 1992 built home with a brick facade and 3-car garage on a cul-de-sac. It had 4 bedrooms, 2.5 baths. Listed for $850,000, it sold in 56 days for $750,000.

I think what I like about the Bryant neighborhood is how walkable it is. Relatively flat, you can walk to the swim park or to a good restaurant in 10 to 15 minutes. I don’t live in the Bryant neighborhood, but I do live close enough that I walk through it regularly. Lamont Springs Park is a personal favorite.

Please feel free to let Linda or myself know if we’ve peaked your curiosity and would like more information about homes in this area.

Dianne

Market Activity ~ Sept. 19-25, 2011

A bit of a September slowdown with 12 New properties entering the market, 8 in Pending status, and holding a steady line on sales activity with 10 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (Sept. 19-25 2011)

Address List Price # Beds # Baths Total SF Prop Type
92 CERVANTES CIR 11E $132,100 2 1.1 912 CONDO
6929 MONTAUK CIR $134,900 2 1 968 CONDO
1214 HALLINAN CIR $342,000 3 2 1748 DETACHD
4653 OAKRIDGE RD Lot 2 $366,900 2 2.1 1738 ATTACHD
4793 AUBURN LN $389,900 3 2.1 2083 ATTACHD
13254 FIELDING RD $567,000 3 2.1 3248 DETACHD
816 9TH ST $674,500 4 3.1 3033 DETACHD
4102 CHAD DR $739,000 4 2.1 3054 DETACHD
16736 SYLVAN CT $839,000 4 3 3914 DETACHD
14070 GOODALL RD $920,000 4 3.2 4460 DETACHD
777 N SHORE RD $1,350,000 3 3.1 3960 DETACHD
1799 ATHERTON DR $1,400,000 5 5.1 6280 DETACHD

PENDING SALES (Sept 19-25, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
96 GALEN ST $53,900 1 1.1 552 CONDO 11
3808 BOTTICELLI ST $175,000 3 2 1203 ATTACHD 106
5225 Jean RD $179,900 3 2 1400 CONDO 5
17839 TAMARA AVE $257,500 3 1.1 1562 DETACHD 177
4675 OAKRIDGE RD Lot 3 $369,900 3 2.1 1738 ATTACHD 112
1193 TROON RD $395,000 3 2.1 2558 DETACHD 33
1991 GREENTREE RD $399,999 3 3 2655 DETACHD 160
4681 TRILLIUM WOODS Lot 8 $419,900 3 2.1 2135 ATTACHD 194

SOLD (Sept 19-25, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3 Oswego Summit #17 $87,000 $74,000 1 1 764 CONDO 436
1400 BONNIEBRAE DR $183,500 $130,000 2 1 864 ATTACHD 436
12828 SW BOONES FERRY RD $224,500 $163,800 2 2.1 1136 ATTACHD 103
17635 DEEMAR WAY $259,900 $185,100 3 2 1488 DETACHD 136
18963 LONGFELLOW AVE $299,900 $233,000 3 1.1 1232 DETACHD 221
1094 ERICKSON ST $449,888 $280,000 4 3 2769 DETACHD 284
17653 SCHALIT WAY $299,900 $305,000 3 2 1463 DETACHD 10
5530 BAY CREEK DR $499,900 $435,000 4 2.1 2958 DETACHD 12
17981 MEADOWLARK LN $529,900 $500,000 3 2.1 3250 DETACHD 120
17503 CHERRY CT $950,000 $730,000 4 3.1 4200 DETACHD 219

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. 25, 2011

34 Beautiful Homes On Tour in Lake Oswego Sunday!

Maybe one of them is “the one” for you.

Here’s what’s going on according to RMLS:

Address L/Price # Beds # Baths Total SF Style Open
5054 FOOTHILLS DR H $199,500 3 2 1252 TOWNHM 1-3PM
5054 FOOTHILLS DR 69E $200,000 3 2 1252 TOWNHM 1-3PM
6016 BONITA RD $229,999 4 2 1978 DETACHD 11AM -2PM
16890 CORTEZ CT $299,500 4 3 2016 DETACHD 1-3PM
17350 KELOK RD $325,000 3 1.1 1415 DETACHD 1-3PM
755 5TH ST $349,000 2 1 927 DETACHD 2-4PM
18538 DEERBRUSH AVE $409,900 4 3 2593 DETACHD 1-5PM
1657 CAMPUS WAY $425,000 4 3 2292 DETACHD 1-4PM
962 COUNTRY COMMONS LN $429,000 3 2 1832 DETACHD 1:30-4PM
4671 Lakeview BLVD $429,950 3 2 2061 DETACHD 2-4PM
19487 SW DOGWOOD CT $459,900 5 3 3105 DETACHD 1-5PM
19521 SW DOGWOOD CT $469,900 5 2.1 2953 DETACHD 1-5PM
17177 CHAPIN WAY $479,000 3 2 1764 DETACHD 1-3PM
19333 SW DOGWOOD CT $499,900 5 3 3234 DETACHD 1-5PM
19475 DOGWOOD CT $499,900 6 3 3302 DETACHD 1-5PM
16925 DEPOT ST $499,950 4 2.1 2631 DETACHD 2-4PM
1278 HIDE A WAY LN $549,000 4 2.1 2632 DETACHD 1-3PM
5428 SOUTHWOOD DR $575,000 4 3 3302 DETACHD 1-3PM
17370 CANYON DR $579,900 4 3.1 3408 DETACHD 1-4PM
2011 RIDGEWOOD LN $588,850 5 3.1 3012 DETACHD 12-2PM
1828 PALISADES TERRACE DR $599,000 4 2.1 3264 DETACHD 1-3PM
629 IRON MOUNTAIN BLVD $615,000 3 2 1988 DETACHD 1:30-4PM
13020 KNAUS RD $619,000 3 2.1 2545 DETACHD 1-3PM
17997 BRAEDEN CT $619,749 4 3 2984 DETACHD 1-4PM
5533 FIELDSTONE CT $628,950 4 2.1 3115 DETACHD 2:30-4:30PM
15622 FIELDSTONE DR $668,950 3 2.1 3113 DETACHD 2:30-4:30PM
17110 LOWENBERG TER $689,000 4 2.1 2732 DETACHD 1-3PM
5604 GRAND OAKS DR $689,000 5 3 3676 DETACHD 1-4PM
2941 WESTVIEW CIR $689,000 4 2.1 3075 DETACHD 1-4PM
14070 GOODALL RD $920,000 4 3.2 4460 DETACHD 2-4PM
13600 GOODALL RD $1,095,000 5 2.1 3111 DETACHD 2-4PM
18024 SKYLAND CIR $1,299,000 4 3.2 4131 DETACHD 12-2PM
777 N SHORE RD $1,350,000 3 3.1 3960 DETACHD 1-3PM
18308 MEADOWLARK LN $1,395,000 4 3.3 7341 DETACHD 1-3PM

News & Notes

Dianne and I wish you the VERY BEST as we feel the seasons start to change.  Enjoy all of it… every little bit!

Here are some Market Notes for you~

According to the RMLS Market Action Report for August 2011, the combined area of Lake Oswego and West Linn  reported:

  • 809 Active Listings
  • 160 New Listings
  • 106 Pending Sales
  • 114 Closed Sales
  • An average Sale Price of $449,200.
  • Average Time on the Market: 167 Days

Market Activity Sept. 12-18, 2011

Last week in Lake Oswego there were 19 new listings, 13 houses that received accepted offers and went pending, and 4 closed sales.
See below for further details:

NEWLY LISTED (Sept. 12-18 2011)

Address Type Price Sq FT BR Baths
86 Kingsgate Rd H102 Condo $64,900 849 2 2
4 Touchstone #65 Condo $119,900 1351 3 2.5
5225 Jean Rd 3308 Condo $179,900 1400 3 2
5733 Fernbrook Way Detached $235,000 1250 4 1.5
1641 Devon Ln Detached $239,900 2013 3 2.5
1127 Cedar St Detached $259,000 870 2 1
6438 Frost St Detached $365,000 2558 3 2.5
6450 Frost St Detached $395,000 2957 4 2.5
4 Hillshire Dr Detached $449,000 3084 4 2.5+.5
52 Condolea Ct Condo $485,000 2958 2 2.5
19475 Dogwood Ct Detached $499,900 3302 6 3
4 Juarez St Detached 520,000 3962 4 2.5
4120 Southshore Blvd Detached $525,000 2033 3 2
17370 Canyon Dr Detached $579,900 3408 4 3.5
1828 Palisades Terrace Dr Detached $599,000 3264 4 2.5
Glenmorrie Detached $667,000 3196 3 4
14599 Fosberg Rd Detached $759,000 3453 4 3.5
19375 Eastside Rd Detached $799,000 4100 4 3.5
3122 Upper Dr Detached $1,075,000 3851 4 4

PENDING SALES (Sept 12-18, 2011)

Address Type Price Sq Ft BR Baths CDOM
4 Crestfield Ct Condo $84,900 923 2 1 42
4638 Lower Dr A2 Condo $99,000 1260 2 1.5 93
5325 Oakridge Detached $234,900 1191 4 2 106
3797 Lanewood St Detached $249,000 2560 3 1 126
1286 Rockinghorse Ln Detached $309,000 1883 3 2.5 302
17607 Arbor Ln Detached $315,000 1906 3 2 154
5011 Rosewood St Detached $345,000 1698 4 2 123
4734 Lakeview Blvd Detached $397,500 2787 3 1 155
19240 Megly Ct Detached $549,900 3633 5 3.5 145
5088 Woodcrest Ln Detached $619,900 3056 4 2.5 219
727 6th St Detached $679,900 2884 4 2 601
16828 Alder Circle Detached $1,099,000 2362 3 2 133
1066 Northshore Rd Detached $1,195,000 4224 4 5.5 227

SOLD (Sept 12-18, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
750 1st St D22 $150,000 $140,000 Condo 1350 82
17 Walking Woods Dr $290,000 $320,000 Detached 2915 55
19124 Megan Pl $699,000 $620,000 Detached 3584 104
5231 Denton Dr $669,000 $636,500 Detached 3031 75

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. 5-11, 2011

There were 20 New properties entering the market, 19 in Pending status, and 7 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (Sept. 5-11 2011)

Address List Price # Beds # Baths Total SF Prop Type
96 GALEN ST $53,900 1 1.1 552 CONDO
450 S STATE ST $119,000 2 1 800 CONDO
4 TOUCHSTONE 123 $129,950 3 2.1 1351 CONDO
200 BURNHAM RD $149,000 1 1 948 CONDO
5054 FOOTHILLS DR H $199,500 3 2 1252 CONDO
4752 REMBRANDT LN $288,900 3 2.1 1516 DETACHD
1764 CONIFER DR $319,900 3 1 1200 DETACHD
1639 WORTHINGTON ST $350,000 4 3 1920 DETACHD
2545 ORCHARD HILL LN $365,000 3 2 2160 DETACHD
17040 FERNWOOD DR $369,000 3 2 1919 DETACHD
1645 ASPEN ST $419,999 3 2.1 1916 DETACHD
4527 TRILLIUM WOODS Lot 15 $441,150 3 2.1 2211 ATTACHD
908 CUMBERLAND PL $474,900 4 3 2715 DETACHD
2 MORNINGVIEW CIR $485,000 3 2.1 2954 DETACHD
2834 GLENMORRIE DR $499,000 3 2.1 2459 DETACHD
15564 VILLAGE DR $749,000 3 2.1 3249 DETACHD
4011 WESTBAY RD $950,000 5 3.1 4518 DETACHD
13877 AMBERWOOD CIR $999,000 4 2.1 3949 DETACHD
13701 GOODALL RD $1,899,000 4 4.1 6028 DETACHD
1500 NORTHSHORE RD $11,600,000 5 6.2 13462 DETACHD

PENDING SALES (Sept 5-11, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3676 SPRING LN 2C $139,900 2 2.1 1762 CONDO 36
72 GREENRIDGE CT $150,000 3 3 1825 ATTACHD 288
4473 GOLDEN LN $155,000 2 2.1 1980 CONDO 320
16443 INVERURIE RD $180,000 4 2 1480 DETACHD 9
4760 LOWER DR $229,900 3 3 2324 DETACHD 21
55 NORTHSHORE RD $289,000 1 1 1554 CONDO 18
4677 OAKRIDGE RD Lot 04 $369,900 3 2.1 1738 ATTACHD 97
1736 PALISADES TERRACE DR $399,000 4 3.1 3079 DETACHD 70
14 HOTSPUR ST $399,000 4 2.1 2626 DETACHD 5
3601 WREN ST $399,900 3 2.1 2220 DETACHD 154
18207 WESTMINSTER DR $409,900 4 2.1 2258 DETACHD 24
5842 MEADOWCREEK CT $449,900 3 2.1 2309 DETACHD 7
5686 CHARLES CIR $499,900 4 3 3246 DETACHD 6
19285 MEGLY CT $509,900 5 3 3275 DETACHD 203
4184 Sunset DR $529,000 5 3 2932 DETACHD 164
19 JUAREZ ST $550,000 3 2.1 3584 DETACHD 190
5511 FIELDSTONE CT $623,950 4 2.1 3037 DETACHD 629
556 5TH ST $659,000 3 3.1 2166 ATTACHD 208
1633 MAPLE ST $799,000 3 3 3448 DETACHD 161

SOLD (Sept 5-11, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
15380 TWIN FIR RD $339,900 $315,000 3 3 1865 DETACHD 44
5795 LANGFORD LN $349,500 $334,000 2 2 1687 DETACHD 9
18927 KRISTI WAY $424,000 $424,000 4 2 2943 DETACHD 13
17267 KELOK RD $599,900 $560,000 3 2 2340 DETACHD 40
4158 CASEY CT $719,000 $689,500 4 2.1 3385 DETACHD 392
2811 ARROWHEAD CT $1,250,000 $880,000 4 3.1 3740 DETACHD 419
2735 GLEN EAGLES RD $1,098,000 $975,000 3 3.1 2950 DETACHD 85

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 ~ Sunday, Sept. 11, 2011

What a lovely weekend!  Put some ice & lemonade in your water bottle & head out to enjoy some of these beautiful homes being held Open!

Here is what’s going on according to RMLS:

Address L/Price # Beds # Baths Total SF Style Open
7 BRITTEN CT $250,000 4 2 2046 TOWNHSE 1-3PM
55 NORTHSHORE RD #4 $289,000 1 1 1554 TOWNHSE 1-3PM
1050 SUNNINGDALE RD $375,000 3 1.2 1616 DETACHD 2-5PM
29 BECKET ST $384,900 3 2.1 2354 DETACHD 1-3PM
1991 GREENTREE RD $399,999 4 3 2655 DETACHD 1:30-4PM
1645 ASPEN ST $419,999 3 2.1 1916 DETACHD 1-3PM
14361 SHERBROOK PL $449,900 3 2.1 2100 DETACHD 2-4PM
12 SCARBOROUGH DR $464,900 4 2.1 2892 DETACHD 1-3PM
4 NANSEN SMT $479,900 4 2.1 3255 DETACHD 12-2PM
29 SPINOSA $525,000 3 2.2 3254 DETACHD 1-4PM
919 LAKE SHORE RD $569,000 3 2 1817 DETACHD 1-3PM
629 IRON MOUNTAIN BLVD $615,000 3 2 1988 DETACHD 1-4PM
17997 BRAEDEN CT $619,749 3 3 2984 DETACHD 1-4PM
5533 FIELDSTONE CT $633,950 4 2.1 3115 DETACHD 12-2PM
1931 PARK FOREST CT $649,900 6 4.1 3866 DETACHD 12-3PM
15622 FIELDSTONE DR $678,950 3 2.1 3113 DETACHD 12-2PM
14231 Dolph CT $685,000 4 2 2580 DETACHD 1-4PM
17090 CHAPIN WAY $839,500 3 3 3480 DETACHD 12-3:30PM
1104 FOREST MEADOWS WAY $1,495,000 4 3.1 5756 DETACHD 2-4PM

News & Notes

  • September 11th Memorial – The city will be holding a Memorial at Millennium Plaza Park on Sunday, September 11th from 1 – 2PM.  Fire and police personnel will recite all the names of all the public safety people who perished that day.  Fire stations will all set off tones at the precise moment the towers fell 10 years ago as well.  This is a time of remembrance and respect as the city offers a way for citizens to join together and participate.
  • “Organically Grown in Oregon” Week – Luscher Farms will be holding an Open House on Saturday, September 17th from 10AM – 3PM.  There will be a Tilth plant sale, kids activities, tours, free demos and organic treats!  This is an opportunity to visit with farmers from the Community Supported Agriculture program and to hear from Tilth experts.  Check out the chickens, the tractor and the Children’s Garden!
  • The Mayor’s First Annual Community Bike Ride – The new Chief of Police, Don Johnson and Mayor Hoffman will take families on a 12-mile ride around Lake Oswego Sunday, September 18th.  They promise to show participants a new perspective on the city.  Sounds like fun!  Click HERE for more info.
  • Why Do You Attend the Lake Oswego Farmers Market? – How does the market impact your life?  Click HERE to join in the conversation and read others’ comments.

According to the RMLS Market Action Report for July 2011, the combined area of Lake Oswego and West Linn  reported:

  • 870 Active Listings
  • 173 New Listings
  • 109 Pending Sales
  • 94 Closed Sales
  • An average Sale Price of $494,000.
  • Average Time on the Market: 149 Days

Market Activity for Aug 29 to Sept 4, 2011

Even with the Labor Day weekend last week, Lake Oswego saw quite a bit of real estate activity. 15 new listings came onto the market, 14 houses went pending, and 20 houses became closed sales. The high volume of closed sales versus new listings is likely a reflection of people wanting to move in before the start of the school year.

Also interesting, to me, was the percentage of the activity that was condos and attached homes. Condos and attached homes were 33% of the new listings, 57% of the pending sales, and 45% of the closed sales.

Last, I have to point out the 2 closed sales at $1,400,000 and $1,422,500 that sold in just 51 days and 2 days.

These are some rather positive numbers.

See below for further details:

NEWLY LISTED (August 28 to September 4, 2011)

Address Type Price Sq FT BR Baths
47 Eagle Crest Dr #26 Condo $74,900 932 2 1
3 Oswego Summit #3 Condo $124,900 1212 2 2
19221 Redwing Ct Detached $329,500 1374 3 2
4946 Mulholland Dr Attached $389,900 2584 3 2.5
1238 Hemlock St Detached $399,900 1548 3 2
510 2nd St Condo $410,000 1520 2 2.5
4725 Cambridge Ct Attached $425,000 3056 2 2.5
5842 Meadowcreek Ct Detached $449,900 2309 3 2.5
5686 Charles Circle Detached $499,900 3246 4 3
33 Westridge Dr Detached $538,000 3864 5 3.5
1278 Hida A Way Ln Detached $549,000 2632 4 2.5
13354 Twin Creek Ln Detached 579,000 3134 5 2.5
18175 Pilkington Rd Detached $635,000 3164 4 3.5
1495 Woodland Terr Detached $725,000 3960 4 2.5
18202 Bella Terra Dr Detached $1,145,000 3863 4 3.5

PENDING SALES (August 29 to September 4, 2011, 2011)

Address Type Price Sq Ft BR Baths CDOM
12 Crestfield Ct Condo $48,100 552 1 1 50
47 Eagle Crest Dr #3 Condo $56,000 932 2 1 491
58 Galen St Condo $70,000 689 1 1 375
169 Oswego Summit Condo $89,900 1383 2 2 486
215 Cervantes Condo $134,999 1100 2 2 44
23 Wheatherstone Attached $135,000 1692 3 2.5 32
3924 Carman Dr Attached $145,000 1139 2 2.5 363
16443 Inverurie Rd Detached $180,000 1480 4 2 5
191 Oswego Summit #191 Condo $189,000 1506 2 2 115
16546 Bonaire Ave Detached $219,900 1064 3 1 5
1510 Spruce St Detached $269,000 1242 3 2 47
4405 Oakridge Rd Lot 20 Attached $410,160 2004 3 2.5 0
3811 Childs Rd Detached $417,000 2006 3 2.5 101
19330 Riverwood Ln Detached $618,900 3367 4 3.5 0

SOLD (August 29 to September 4, 2011, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
47 Eagle Crest Dr #48 $89,500 $47,900 Condo 696 351
4000 Carmen Dr #101 $119,000 $112,000 Condo 869 5
5225 Jean Rd #307 $165,000 $140,000 Condo 1100 210
5061 Foothills Dr G $199,000 $163,000 Condo 991 272
4316 Botticelli St $209,000 $167,000 Condo 2098 114
4322 Botticelli St $315,000 $230,000 Condo 2043 440
55 Northshore Rd #7 $500,000 $267,500 Condo 1478 1193
5368 Tree St $269,000 $279,000 Detached 1850 121
880 Boca Ratan Dr $399,900 $280,000 Detached 2364 281
2089 Glenmorrie Dr $425,000 $329,500 Detached 1551 412
16 Grouse Terr $395,000 $378,000 Detached 2532 11
4958 Bilford Ln $379,900 $386,000 Detached 1968 3
1677 Laurel St $425,000 $420,000 Detached 2445 117
173 Furnace St $619,900 $505,000 Condo 2220 334
17911 Hillside Dr $569,000 $550,000 Detached 3330 11
554 5th St $699,000 $625,000 Attached 2166 177
4155 Canal Rd $850,000 $750,000 Detached 3736 56
3168 Douglas Circle $899,900 $899,900 Detached 4331 0
17860 Crestline Dr $1,475,000 $1,400,000 Detached 6810 51
17313 Blue Heron Rd $1,495,000 $1,422,500 Detached 3480 2

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