What a beautiful summer we are having! On a really gorgeous day the market activity can slow down almost as much as can happen on one of winter’s harshest days. Despite the great weather, last week had some good activity: 13 new listings, 8 pending sales, and 16 closed sales.
Here’s your weekly update (see below the tables for additional notes):
NEWLY LISTED (July 26-Aug. 1, 2010)
| Address | List Price | # BR | # BATHS | SQ FEET | Prop Type | ||
| 4081 JEFFERSON PKWY | $219,900 | 2 | 2.5 | 1,618 | CONDO | ||
| 46 GREENRIDGE CT | $234,900 | 3 | 2.5 | 2,128 | CONDO | ||
| 16090 SW KIMBALL AVE | $365,000 | 4 | 1.5 | 2,276 | DETACHD | ||
| 1657 CAMPUS WAY | $369,000 | 4 | 3 | 2,262 | DETACHD | ||
| 14480 CAMDEN LN | $391,335 | 3 | 2.5 | 1,944 | DETACHD | ||
| 1600 WOODLAND TER | $399,000 | 3 | 2 | 1,993 | DETACHD | ||
| 6132 SUMMER WOODS | $489,900 | 4 | 2.5 | 2,778 | DETACHD | ||
| 2035 RIDGE POINTE DR | $629,900 | 4 | 2 | 3,537 | DETACHD | ||
| 17658 BROOKHURST DR | 649900 | 4 | 3 | 4,198 | DETACHD | ||
| 14246 KIMBERLY CIR | 649950 | 4 | 2.5 | 3,520 | DETACHD | ||
| 4055 ORCHARD DR | 669000 | 5 | 3.5 | 3,329 | DETACHD | ||
| 1968 CHERYL CT | 1695000 | 4 | 4.5+.5+.5 | 6,153 | DETACHD | ||
| 1193 FAIRWAY RD | 3900000 | 5 | 4.5+.5 | 6,616 | DETACHD |
PENDING SALES (July 26-Aug. 1, 2010)
| Address | List Price | # BR | # BATHS | SQ FEET | Prop Type | CDOM | ||
| 859 F AVE | $239,900 | 2 | 1 | 952 | DETACHD | 13 | ||
| 1684 BOCA RATAN DR | $248,900 | 3 | 2 | 1,611 | ATTACHD | 531 | ||
| 580 8TH ST | $255,000 | 2 | 1 | 852 | DETACHD | 12 | ||
| 5524 BONITA RD | $319,000 | 3 | 1 | 2,752 | DETACHD | 20 | ||
| 18929 INDIAN SPRINGS RD | $324,900 | 5 | 3 | 3,380 | DETACHD | 7 | ||
| 17778 MARYLCREEK DR | $424,900 | 3 | 2.5 | 2,741 | DETACHD | 49 | ||
| 12748 SW 22ND AVE | $425,000 | 4 | 2.5 | 2,584 | DETACHD | 373 | ||
| 13595 KNAUS RD | $599,000 | 4 | 2.5 | 3,339 | DETACHD | 15 |
SOLD (July 26-Aug. 1, 2010)
| Address | O/L Price | Sales Price | # BR | # BATHS | Prop Type | CDOM | ||
| 100 KERR PKWY | $74,900 | $60,500 | 1 | 1 | CONDO | 131 | ||
| 222 RIDGEWAY RD | $125,000 | $125,000 | 1 | 1 | CONDO | 13 | ||
| 4372 WOODSIDE CIR | $284,900 | $200,000 | 2 | 2 | ATTACHD | 165 | ||
| 4340 BOTTICELLI ST | $239,900 | $222,200 | 3 | 3+.5 | CONDO | 134 | ||
| 330 6TH ST | $249,950 | $239,000 | 1 | 1 | DETACHD | 5 | ||
| 1005 SOUTHSHORE BLVD | $244,900 | $249,000 | 4 | 2 | DETACHD | 74 | ||
| 4224 HAVEN ST | $269,900 | $269,000 | 4 | 2 | DETACHD | 39 | ||
| 15860 BOONES WAY | $429,000 | $380,000 | 3 | 2 | DETACHD | 81 | ||
| 1642 HIGHLAND DR | $429,000 | $418,000 | 4 | 3 | DETACHD | 74 | ||
| 17387 CANYON DR | $479,000 | $471,500 | 3 | 2+.5 | DETACHD | 11 | ||
| 17701 LEAFY LN | $529,000 | $507,000 | 4 | 3 | DETACHD | 94 | ||
| 4089 MELISSA DR | $524,900 | $520,000 | 4 | 2+.5 | DETACHD | 9 | ||
| 2311 OSWEGO GLEN CT | $810,000 | $700,000 | 4 | 2+.5 | DETACHD | 64 | ||
| 331 CHANDLER PL | $799,500 | $700,000 | 4 | DETACHD | 336 | |||
| 17281 LOWENBERG TER | $884,900 | $829,000 | 4 | 3+.5 | DETACHD | 494 | ||
| 245 CHANDLER PL | $950,000 | $895,000 | 4 | 2+.5+.5 | DETACHD | 6 |
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 Report ~ July 19-25, 2010
***If you experienced problems with the site last week, we apologize. It took some work but we remedied the issue and are happy to be back up and running delivering micro-local Lake Oswego real estate news and information to you! (Many thanks to Ron Ares : )
Lake Oswego had 26 New properties enter the market, 8 go to Pending status, and 5 Sold during last week’s Monday – Sunday period according to RMLS.
Here’ your weekly update (see below the tables for additional notes):
NEWLY LISTED (July 19-25, 2010)
| Address | List Price | Total SF | # Beds | # Baths | Prop Type |
| 86 KINGSGATE RD | $118,000 | 840 | 2 | 2 | CONDO |
| 45 EAGLE CREST DR | $119,900 | 768 | 1 | 1 | CONDO |
| 5060 FOOTHILLS DR | $229,950 | 1252 | 3 | 2 | CONDO |
| 5060 FOOTHILLS DR | $299,900 | 1252 | 2 | 2 | CONDO |
| 18929 INDIAN SPRINGS RD | $324,900 | 3380 | 5 | 3 | DETACHD |
| 446 5TH ST | $327,000 | 1092 | 2 | 2 | CONDO |
| 1004 CUMBERLAND PL | $449,950 | 3313 | 5 | 2 | DETACHD |
| 4908 MULHOLLAND DR | $460,000 | 2498 | 3 | 2.1 | ATTACHD |
| 2 Scarborough | $487,900 | 2751 | 4 | 3 | DETACHD |
| 1991 SW GREENTREE RD | $495,000 | 2662 | 4 | 3 | DETACHD |
| 1060 UPPER DEVON LN | $524,000 | 2400 | 3 | 2.1 | DETACHD |
| 13644 TWIN CREEK LN | $589,899 | 2758 | 4 | 2.1 | DETACHD |
| 1950 SW Green Acre LN | $594,900 | 2669 | 3 | 3.1 | DETACHD |
| 1941 SW Green Acres LN | $619,900 | 2542 | 3 | 3 | DETACHD |
| 12645 BOONES FERRY RD | $630,000 | 3036 | 4 | 2 | DETACHD |
| 920 OAK TER | $649,950 | 3467 | 4 | 2.1 | DETACHD |
| 5657 VICTORIA CT | $689,900 | 3421 | 4 | 3 | DETACHD |
| 5553 KILCHURN AVE | $699,900 | 3274 | 4 | 2.1 | DETACHD |
| 5463 DENTON DR | $799,000 | 3553 | 4 | 2.1 | DETACHD |
| 13658 PROVINCIAL HILL WAY | $799,900 | 3853 | 5 | 4 | DETACHD |
| 17392 BERGIS FARM DR | $989,950 | 4734 | 4 | 3.2 | DETACHD |
| 755 6th ST | $1,050,000 | 3973 | 4 | 3.1 | DETACHD |
| 18308 MEADOWLARK LN | $1,729,000 | 7341 | 4 | 3.3 | DETACHD |
| 3648 LAKEVIEW BLVD | $2,295,000 | 4000 | 4 | 2.1 | DETACHD |
| 17860 CRESTLINE DR | $2,650,000 | 6810 | 4 | 5.2 | DETACHD |
| 1745 SOUTHSHORE BLVD | $2,950,000 | 5545 | 4 | 4.1 | DETACHD |
PENDING SALES (July 19-25, 2010)
| Address | List Price | Total SF | # Beds | # Baths | Prop Type | CDOM |
| 139 TOUCHSTONE CT | $279,900 | 1846 | 2 | 2.1 | ATTACHD | 33 |
| 1728 ASPEN CT | $279,900 | 1852 | 3 | 2.1 | DETACHD | 362 |
| 4490 LAKEVIEW BLVD | $299,900 | 1727 | 3 | 2 | DETACHD | 90 |
| 4664 FIRWOOD RD | $349,900 | 1640 | 3 | 2 | DETACHD | 53 |
| 15860 BOONES WAY | $399,900 | 2105 | 3 | 2 | DETACHD | 81 |
| 4284 WESTBAY RD | $525,000 | 1539 | 3 | 2 | DETACHD | 12 |
| 1272 ZIVNEY LN | $597,000 | 2658 | 5 | 3 | DETACHD | 103 |
| 333 NORTHSHORE RD | $1,900,000 | 5152 | 4 | 4.1 | DETACHD | 233 |
SOLD (July 19-25, 2010)
| Address | O/Price | Close Price | Total SF | # Beds | # Baths | Prop Type | CDOM |
| 47 EAGLE CREST DR | $84,950 | $71,000 | 1009 | 2 | 1 | CONDO | 104 |
| 1601 GREENTREE RD | $340,100 | $249,900 | 2444 | 3 | 2.1 | DETACHD | 149 |
| 540 2ND ST | $410,000 | $375,000 | 1520 | 2 | 2.1 | CONDO | 869 |
| 18893 INDIAN SPRINGS CIR | $439,000 | $441,000 | 2841 | 4 | 3 | DETACHD | 3 |
| 2941 WESTVIEW CIR | $699,000 | $650,000 | 3075 | 5 | 2.1 | DETACHD | 4 |
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 Report for July 12-18, 2010
Market Activity in Lake Oswego last week brought 29 new listings onto the market, 15 pending sales (including our featured property from last Wednesday, which received an accepted offer in just 7 days), and 11 closed sales.
Here’ your weekly update (see below the tables for additional notes):
NEWLY LISTED (July 12-18, 2010)
| Address | List Price | Sq Feet | BR | BATHS | Prop Type | ||
| 86 KINGSGATE RD | $94,900 | 924 | 2 | 2 | ATTACHD | ||
| 3952 CARMAN DR | $208,900 | 1146 | 2 | 2+.5 | CONDO | ||
| 16686 CARNEGIE AVE | $239,000 | 1734 | 4 | 2 | DETACHD | ||
| 859 F AVE | $239,900 | 1201 | 3 | 1+.5 | DETACHD | ||
| 16089 LAKE FOREST BLVD | $239,900 | 952 | 2 | 1 | DETACHD | ||
| 580 8TH ST | $255,000 | 852 | 2 | 1 | DETACHD | ||
| 17483 SCHALIT WAY | $285,000 | 1794 | 3 | 2+.5 | DETACHD | ||
| 1118 OAK ST | $319,900 | 1320 | 3 | 1+.5 | DETACHD | ||
| 15265 BOONES WAY | 324500 | 1560 | 2 | 2+.5 | ATTACHD | ||
| 15245 BOONES WAY | 325000 | 1600 | 3 | 2+.5 | ATTACHD | ||
| 17500 HILL WAY | 329900 | 1663 | 4 | 2 | DETACHD | ||
| 1070 HALLINAN | 379900 | 1653 | 3 | 1+.5 | DETACHD | ||
| 16 OTHELLO ST | 432900 | 2820 | 4 | 3 | DETACHD | ||
| 1550 BEDFORD CT | 460000 | 2250 | 3 | 2+.5 | DETACHD | ||
| 19 GROUSE TER | 489000 | 3383 | 3 | 2+.5 | DETACHD | ||
| 475 COUNTRY CLUB CT | 499000 | 1705 | 3 | 2+.5 | DETACHD | ||
| 17791 HILL WAY | 500000 | 2500 | 4 | 2+.5 | DETACHD | ||
| 942 CLARA CT | 549000 | 3123 | 4 | 2+.5 | DETACHD | ||
| 13595 KNAUS RD | 599000 | 3339 | 4 | 2+.5 | DETACHD | ||
| 173 FURNACE ST | 675000 | 2220 | 2 | 2+.5 | CONDO | ||
| 13223 DEERFIELD CT | 825000 | 4008 | 5 | 3+.5+.5 | DETACHD | ||
| 838 8th ST | 825000 | 2600 | 3 | 2+.5 | ATTACHD | ||
| 2351 PALISADES CREST DR | 949000 | 4498 | 5 | 2+.5 | DETACHD | ||
| 931 LAKE FRONT RD | 949900 | 2889 | 4 | 3+.5 | DETACHD | ||
| 18026 SKYLAND CIR | 1249000 | 4134 | 5 | 3+.5 | DETACHD | ||
| 1640 COUNTRY COMMONS | 1375000 | 5343 | 4 | 4+.5 | DETACHD | ||
| 1600 COUNTRY COMMONS | 1425000 | 5389 | 4 | 3+.5 | DETACHD | ||
| 1104 FOREST MEADOWS WAY | 1495000 | 5786 | 4 | 3+.5 | DETACHD | ||
| 1100 NORTHSHORE RD | 2650000 | 5232 | 5 | 2+.5+.5 | DETACHD |
PENDING SALES (July 12-18, 2010)
| Address | List Price | Sq Feet | BATHS | BR | Prop Type | CDOM | ||
| 5713 SW KENNY ST | $203,910 | 1296 | 2 | 3 | DETACHD | 19 | ||
| 2405 DELLWOOD DR | $357,000 | 2336 | 3 | 5 | DETACHD | 392 | ||
| 5434 YORKSHIRE PL | $369,900 | 2335 | 3 | 3 | DETACHD | 5 | ||
| 1641 ASH ST | $399,990 | 2825 | 3 | 4 | DETACHD | 177 | ||
| 13909 MAJESTIC CT | $410,000 | 3003 | 3 | 4 | DETACHD | 126 | ||
| 17670 MARYLBROOK DR | $499,000 | 3067 | 3 | 4 | DETACHD | 261 | ||
| 1301 HORSESHOE CURVE | $500,000 | 2060 | 3 | 3 | DETACHD | 5 | ||
| 16884 SUMMER PL | $524,900 | 2911 | 2.5 | 4 | DETACHD | 7 | ||
| 4524 AUBURN LN | 535000 | 2732 | 3.5 | 3 | ATTACHD | 169 | ||
| 2475 MARYLVIEW CT | 599000 | 3049 | 2.5 | 4 | DETACHD | 74 | ||
| 5783 VICTORIA CT | 599900 | 2500 | 2 | 3 | DETACHD | 21 | ||
| 18010 GIMLEY CT | 615000 | 3652 | 2.5 | 4 | DETACHD | 116 | ||
| 5529 WESTFIELD CT | 629000 | 2968 | 2.5 | 3 | DETACHD | 4 | ||
| 898 CORNELL ST | 759000 | 3000 | 2.5 | 3 | DETACHD | 390 | ||
| 95 IRON MOUNTAIN BLVD | 1595000 | 4818 | 4.5 | 5 | DETACHD | 411 |
SOLD (July 12-18, 2010)
| Address | Orig.Price | Close Price | BATH | BR | Prop Type | CDOM | ||
| 205 CERVANTES | $164,900 | $120,000 | 1.5 | 2 | CONDO | 145 | ||
| 16200 PACIFIC HWY | $297,900 | $221,500 | 2 | 2 | CONDO | 120 | ||
| 3388 EDGEMONT RD | $359,900 | $250,000 | 2.5 | 3 | DETACHD | 283 | ||
| 15580 PARTRIDGE DR | $378,000 | $350,000 | 2.5 | 3 | DETACHD | 267 | ||
| 1400 LEE ST | $475,500 | $421,500 | 3 | 4 | DETACHD | 146 | ||
| 53 D AVE | $574,900 | $425,000 | 3 | 3 | DETACHD | 518 | ||
| 5678 CHARLES CIR | $580,000 | $520,000 | 4 | 3 | DETACHD | 495 | ||
| 14158 KIMBERLY CIR | $530,000 | $530,000 | 3 | 5 | DETACHD | 40 | ||
| 1425 CHANDLER RD | $978,000 | $750,000 | 3 | 4 | DETACHD | 43 | ||
| 4912 FIRWOOD RD | $999,900 | $950,000 | 4 | 4 | DETACHD | 21 | ||
| 19000 BRYANT RD | $965,000 | $965,000 | 3.5 | 5 | DETACHD | 3 |
Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings
Lake Oswego Market Activity ~ July 5-11, 2010
Lake Oswego had 23 New properties enter the market, 15 go to Pending status, and 5 Sold during last week’s Monday – Sunday period according to RMLS.
Here’ your weekly update (see below the tables for additional notes):
NEWLY LISTED (July 5-11, 2010)
| Address | List Price | Total SF | # Beds | # Baths | Prop Type |
| 17 OSWEGO SMT | $105,000 | 764 | 1 | 1 | PUD |
| 5225 JEAN RD | $198,000 | 1500 | 3 | 2 | CONDO |
| 16200 PACIFIC HWY | $204,900 | 1190 | 2 | 2 | CONDO |
| 18263 BENFIELD AVE | $209,900 | 912 | 3 | 1 | DETACHD |
| 5524 BONITA RD | $319,000 | 2752 | 3 | 1 | DETACHD |
| 14550 DORIS AVE | $349,900 | 1474 | 3 | 1.1 | DETACHD |
| 5434 YORKSHIRE PL | $369,900 | 2335 | 3 | 3 | DETACHD |
| 2000 GREENTREE RD | $379,000 | 2548 | 3 | 2.1 | DETACHD |
| 2 BARTOK PL | $395,000 | 2332 | 4 | 2.5 | DETACHD |
| 762 LAKE FOREST DR | $454,000 | 2400 | 4 | 3 | DETACHD |
| 17760 OVERLOOK CIR | $476,500 | 2357 | 4 | 3 | DETACHD |
| 4284 WESTBAY RD | $525,000 | 1539 | 3 | 2 | DETACHD |
| 15 SCARBOROUGH DR | $549,000 | 3310 | 4 | 3.1 | DETACHD |
| 3334 Upper DR | $550,000 | 2500 | 4 | 2.1 | DETACHD |
| 3342 Upper DR | $550,000 | 2500 | 4 | 1.2 | DETACHD |
| 8 CAMELOT CT | $550,000 | 3084 | 5 | 3 | DETACHD |
| 4398 GLACIER LILY ST | $550,000 | 2936 | 4 | 2.1 | DETACHD |
| 5434 ROSALIA WAY | $559,000 | 2600 | 4 | 2.1 | DETACHD |
| 13074 ROGERS RD | $629,000 | 2810 | 4 | 2.1 | DETACHD |
| 6479 SW MCDUFF CT | $659,000 | 3054 | 3 | 2.1 | DETACHD |
| 3931 BASS LN | $789,000 | 3310 | 4 | 3.1 | DETACHD |
| 691 CARRERA LN | $899,900 | 3704 | 5 | 3.1 | DETACHD |
| 329 10TH ST | $995,000 | 3595 | 4 | 2.2 | DETACHD |
PENDING SALES (July 5-11, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 16250 PACIFIC HWY | $109,000 | 2 | 2 | 1311 | CONDO | 276 |
| 16200 PACIFIC HWY | $199,000 | 2 | 2 | 1200 | CONDO | 276 |
| 26 CONDOLEA DR | $199,900 | 2 | 2 | 1420 | CONDO | 131 |
| 16200 PACIFIC HWY | $209,000 | 2 | 2 | 1208 | CONDO | 878 |
| 16200 PACIFIC HWY | $209,000 | 2 | 2 | 1200 | CONDO | 276 |
| 16200 PACIFIC HWY | $239,000 | 2 | 2 | 1208 | CONDO | 878 |
| 330 6TH ST | $249,950 | 1 | 1 | 1120 | DETACHD | 5 |
| 1694 FIRCREST CT | $274,900 | 3 | 2.1 | 2015 | DETACHD | 198 |
| 6338 WASHINGTON CT | $329,900 | 3 | 1 | 1558 | DETACHD | 128 |
| 675 10TH ST | $430,000 | 4 | 2 | 2280 | DETACHD | 427 |
| 5580 KILCHURN AVE | $549,900 | 4 | 2.1 | 2286 | DETACHD | 12 |
| 5722 CHARLES CIR | $569,900 | 4 | 2.1 | 2674 | DETACHD | 69 |
| 2326 OSWEGO GLEN CT | $997,500 | 4 | 4 | 4575 | DETACHD | 36 |
| 1097 CHANDLER RD | $1,439,000 | 4 | 4.1 | 5313 | DETACHD | 42 |
| 1973 CHERYL CT | $1,595,000 | 5 | 4.1 | 6436 | DETACHD | 53 |
SOLD (July 5-11, 2010)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 59 GALEN ST | $99,000 | $89,900 | 1 | 1 | 550 | CONDO | 97 |
| 18922 REDWING WAY | $369,900 | $349,900 | 4 | 2 | 2076 | DETACHD | 271 |
| 1158 BAYBERRY RD | $649,000 | $649,000 | 4 | 4 | 2386 | DETACHD | 10 |
| 731 F AVE | $750,000 | $655,000 | 4 | 2.1 | 2668 | DETACHD | 113 |
| 18735 BRYANT RD | $1,079,900 | $875,000 | 5 | 3.1 | 5323 | DETACHD | 59 |
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
~News & Notes~
- Mortgage Rates fell further last week from the already-lowest level in decades. Rates for a 30-year conventional loan are now hovering at between 4.5% & 4.75%, even with an increase today of .25 basis points according to Pat Goodell of Academy Mortgage. Slower economic growth last week was good for mortgage rates and negative for the stock market. This is actually an interesting point to note- When you see the stock market take a dip, check in on mortgage rates… they will almost always be improving during such periods.
- The deadline for closing on those transactions taking advantage of the tax credits was finally extended to September 30th. So, that’s very good news for all those who were pushing up against the June 30th closing deadline & not quite making it. I love second-chances… they’re so American!
- Woodstove Reminder – Have a wood stove? Planning to buy or sell a home with one? Note that beginning August 1st, 2010, in an effort to control emissions from smoke, when selling a home you will be required to remove the wood stove if it is “uncertified” by the DEQ. Here is a link for more information: Woodstoves in Oregon
- Lake Oswego Pricing Snapshot– Today there are 74 Detached Residences for sale in Lake Oswego priced at $350,000 or under. There are 144 priced between $350,000 and $550,000. Between $550,000 and 1 million there are 206 properties. And at 1 million and over there are 105 to choose from.
Market Activity for June 28 to July 4, 2010
Here in Lake Oswego last week the real estate market had 18 new listings, 15 pending sales, and 15 closed sales.
Here is your weekly update (see below the tables for additional notes):
NEWLY LISTED (June 28-July 4, 2010)
| Address | List Price | BR | BATHS | SF | Prop Type | ||
| 3930 LAKE GROVE AVE | $122,000 | 2 | 1 | 952 | CONDO | ||
| 4000 CARMAN DR | $122,500 | 1 | 1 | 836 | CONDO | ||
| 4000 CARMAN DR | $129,000 | 2 | 2 | 834 | CONDO | ||
| 86 KINGSGATE RD | $130,000 | 2 | 2 | 849 | CONDO | ||
| 15209 QUARRY RD | $174,900 | 2 | 1 | 1,210 | DETACHD | ||
| 668 MCVEY AVE | $185,000 | 1 | 1 | 636 | CONDO | ||
| 18305 FERNBROOK CT | $299,999 | 3 | 2 | 1,500 | DETACHD | ||
| 4201 COLLINS WAY | $307,500 | 3 | 2 | 1,230 | DETACHD | ||
| 1228 MAPLE ST | 399000 | 3 | 2 | 1,894 | DETACHD | ||
| 17055 CRESTVIEW DR | 479900 | 5 | 3 | 2,575 | DETACHD | ||
| 730 SW BRIERCLIFF LN | 495000 | 5 | 3 | 3275 | DETACHD | ||
| 5580 KILCHURN AVE | 549900 | 4 | 2 + .5 | 2,286 | DETACHD | ||
| 18006 GIMLEY CT | 549900 | 5 | 4 | 3225 | DETACHD | ||
| 12 SCARBOROUGH DR | 574900 | 4 | 2 + .5 | 2,892 | DETACHD | ||
| 611 IRON MOUNTAIN BLVD | 575000 | 2 | 1 | 1,322 | DETACHD | ||
| 18212 WESTVIEW DR | 598900 | 4 | 2 + .5 | 3464 | DETACHD | ||
| 17874 BLUE HERON WAY | 599900 | 4 | 4 | 3,200 | DETACHD | ||
| 17618 CRESTLINE DR | 1575000 | 4 | 3 + .5+.5 | 4,666 | DETACHD |
PENDING SALES (June 28-July 4, 2010)
| Address | SPID | List Price | SQ feet | BR | BATHS | Prop Type | CDOM | |
| 47 EAGLE CREST DR | $74,100 | 1009 | 2 | 1 | CONDO | 104 | ||
| 222 RIDGEWAY RD | $125,000 | 756 | 1 | 1 | CONDO | 13 | ||
| 4372 WOODSIDE CIR | $219,000 | 1178 | 2 | 2 | ATTACHD | 165 | ||
| 16200 PACIFIC HWY | $230,000 | 1208 | 2 | 2 | CONDO | 120 | ||
| 1005 SOUTHSHORE BLVD | $249,900 | 2196 | 4 | 2 | DETACHD | 74 | ||
| 139 TOUCHSTONE CT | $279,900 | 1846 | 2 | 2 + .5 | ATTACHD | 11 | ||
| 4321 WOODSIDE CIR | $289,000 | 1532 | 3 | 2 | ATTACHD | 14 | ||
| 406 8th ST | $315,000 | 2437 | 3 | 1 + .5 | DETACHD | 323 | ||
| 595 6TH ST | 349000 | 893 | 2 | 2 | DETACHD | 3 | ||
| 5 EL GRECO ST | 479000 | 2455 | 4 | 2 + .5 | DETACHD | 7 | ||
| 444 6TH ST | 899000 | 4541 | 4 | 4 + .5 | DETACHD | 213 | ||
| 245 CHANDLER PL | 950000 | 3733 | 4 | 2 +.5+.5 | DETACHD | 6 | ||
| 1425 CHANDLER RD | 978000 | 3384 | 4 | 3 | DETACHD | 43 | ||
| 18820 GREENBLUFF DR | 1395000 | 5382 | 4 | 4 + .5 | DETACHD | 99 | ||
| 13777 Cameo CT | 1550000 | 7300 | 4 | 5 + .5 | DETACHD | 570 |
SOLD (June 28-July 4, 2010)
| Address | Orig/Price | Close/Price | CDOM | SQ FT | Prop Type | BR | BATHS | ||
| 3433 SW MCNARY PKWY | $153,000 | $120,000 | 98 | 1,008 | CONDO | 2 | 2 | ||
| 100 LEONARD ST | $184,900 | $175,000 | 164 | 1,364 | CONDO | 2 | 2 | ||
| 13 ERASMUS ST | $214,500 | $210,000 | 45 | 1,414 | ATTACHD | 2 | 2.5 | ||
| 4610 LAMONT WAY | $247,500 | $232,500 | 17 | 1,750 | DETACHD | 3 | 2 | ||
| 17141 SW BRYANT RD | $364,900 | $317,000 | 307 | 1,228 | DETACHD | 3 | 2 | ||
| 454 5TH ST | $350,000 | $350,000 | 156 | 1,092 | ATTACHD | 2 | 1.5 | ||
| 15547 PARTRIDGE DR | $389,900 | $390,000 | 214 | 2,266 | DETACHD | 3 | 2.5 | ||
| 12409 SHELBY CT | $449,900 | $428,000 | 12 | 2,238 | DETACHD | 3 | 2 | ||
| 676 9TH ST | $525,000 | 435,000 | 327 | 1,850 | DETACHD | 2 | 1 | ||
| 15266 CANDLEWOOD CT | $464,988 | 455,000 | 88 | 2,569 | DETACHD | 4 | 2.5 | ||
| 13460 SNOWBERRY CT | $582,500 | 525,000 | 61 | 3,327 | DETACHD | 3 | 2.5 | ||
| 15422 BOONES WAY | $798,000 | 675,000 | 645 | 2,586 | ATTACHD | 4 | 2.5 | ||
| 17212 CHAPIN WAY | $850,000 | 725,000 | 314 | 2,541 | DETACHD | 3 | 2.5 | ||
| 1580 BONNIEBRAE DR | $849,000 | 840,000 | 50 | 3,800 | DETACHD | 4 | 3 | ||
| 1340 CHERRY LN | $1,348,000 | 1,200,000 | 5 | 5,922 | DETACHD | 4 | 4.2 |
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.
Market Activity Report ~ June 21-27, 2010
There was good activity with 26 New properties entering the market, 9 going to Pending status, and 11 Sold during last week’s Monday – Sunday period according to RMLS. Condos and Townhomes are doing well with 1/3 of the Pending Sales and more than 1/3 of the Closed Sales in those categories. 10 of the 26 New properties, and almost half of the Pending Sales are priced under $350,000. 5 out of the 11 Sold were priced above $500,000., so the mid & upper end are also moving.
Here’ your weekly update (see below the tables for additional notes):
NEWLY LISTED (June 21—27, 2010)
| Address | List Price | Prop Type | # Beds | # Baths | Total SF | List Date | ||
| 41 OSWEGO SMT | $125,000 | CONDO | 1 | 1 | 764 | 6/26/2010 | ||
| 36 CRESTFIELD CT | $135,000 | ATTACHD | 2 | 1 | 923 | 6/24/2010 | ||
| 3384 CARMAN DR | $173,500 | CONDO | 2 | 2 | 1093 | 6/22/2010 | ||
| 5713 SW KENNY ST | $203,910 | DETACHD | 3 | 2 | 1296 | 6/25/2010 | ||
| 4057 JEFFERSON PKWY | $224,900 | ATTACHD | 3 | 2.1 | 1460 | 6/22/2010 | ||
| 605 Ash ST | $235,000 | DETACHD | 3 | 2 | 1528 | 6/25/2010 | ||
| 18788 KRISTI WAY | $299,950 | DETACHD | 3 | 2 | 1602 | 6/22/2010 | ||
| 17839 TAMARA AVE | $345,000 | DETACHD | 3 | 1.1 | 1562 | 6/26/2010 | ||
| 595 6TH ST | $349,000 | DETACHD | 2 | 2 | 893 | 6/26/2010 | ||
| 15364 TWIN FIR RD | $349,900 | DETACHD | 3 | 1 | 1608 | 6/23/2010 | ||
| 1866 KILKENNY DR | $375,000 | DETACHD | 3 | 3 | 3600 | 6/21/2010 | ||
| 2089 SW Glenmorrie | $425,000 | DETACHD | 2 | 2 | 1551 | 6/24/2010 | ||
| 5 EL GRECO ST | $479,000 | DETACHD | 4 | 2.1 | 2455 | 6/26/2010 | ||
| 1012 ANDREWS RD | $499,900 | DETACHD | 3 | 2 | 2246 | 6/21/2010 | ||
| 277 EVERGREEN RD | $539,000 | ATTACHD | 3 | 3.1 | 1936 | 6/22/2010 | ||
| 4786 AVERY LN | $579,000 | DETACHD | 5 | 2.1 | 2927 | 6/26/2010 | ||
| 5783 VICTORIA CT | $599,900 | DETACHD | 3 | 2 | 2500 | 6/24/2010 | ||
| 13226 ROGERS RD | $625,000 | DETACHD | 4 | 2.1 | 3691 | 6/25/2010 | ||
| 4625 FIRWOOD RD | $650,000 | DETACHD | 4 | 3 | 5264 | 6/26/2010 | ||
| 5288 DENTON DR | $759,000 | DETACHD | 5 | 2.1 | 3240 | 6/21/2010 | ||
| 17424 BRYANT RD | $775,000 | DETACHD | 4 | 4 | 3278 | 6/21/2010 | ||
| 16140 REESE RD | $785,000 | DETACHD | 4 | 2.1 | 2953 | 6/24/2010 | ||
| 17446 BRYANT RD | $795,000 | DETACHD | 4 | 4 | 3477 | 6/21/2010 | ||
| 15446 Boones Way | $989,500 | ATTACHD | 3 | 2.1 | 3364 | 6/27/2010 | ||
| 1345 CHERRY LN | $1,500,000 | DETACHD | 5 | 3.1 | 5259 | 6/23/2010 | ||
| 735 TERRACE DR | $1,600,000 | DETACHD | 2 | 1.1 | 2470 | 6/21/2010 |
PENDING SALES (June 21-27, 2010)
| Address | List Price | Prop Type | # Beds | # Baths | Total SF | CDOM |
| 205 CERVANTES | $124,900 | CONDO | 2 | 1.1 | 1216 | 145 |
| 4340 BOTTICELLI ST | $229,900 | CONDO | 3 | 3.1 | 2098 | 134 |
| 908 LAKE FRONT RD | $289,000 | DETACHD | 3 | 1 | 1398 | 98 |
| 116 TOUCHSTONE TER | $299,000 | CONDO | 3 | 2.1 | 1856 | 327 |
| 1646 DEVON LN | $424,500 | DETACHD | 4 | 2.1 | 2130 | 13 |
| 1642 HIGHLAND DR | $429,000 | DETACHD | 4 | 3 | 2234 | 74 |
| 17701 LEAFY LN | $529,000 | DETACHD | 4 | 3 | 3598 | 94 |
| 2311 OSWEGO GLEN CT | $799,500 | DETACHD | 4 | 4 | 4410 | 336 |
| 2479 PALISADES CREST DR | $799,999 | DETACHD | 5 | 3.1 | 6640 | 268 |
SOLD (June 21-27, 2010)
| Address | Orig. Price | Close Price | Prop Type | # Beds | # Baths | Total SF | CDOM |
| 4000 CARMAN DR | $129,000 | $95,000 | CONDO | 2 | 2 | 836 | 77 |
| 3433 MCNARY PKWY | $125,000 | $110,000 | CONDO | 2 | 2.1 | 1136 | 25 |
| 5 SUMMIT RIDGE CT | $298,500 | $276,000 | ATTACHD | 2 | 2.1 | 1576 | 58 |
| 18620 INDIAN CREEK DR | $379,900 | $362,000 | DETACHD | 3 | 2 | 2022 | 30 |
| 550 2ND ST | $410,000 | $400,000 | ATTACHD | 2 | 1.2 | 1520 | 110 |
| 17942 SAINT CLAIR DR | $449,900 | $445,000 | DETACHD | 4 | 2.1 | 2391 | 139 |
| 5711 SOUTHWOOD DR | $559,000 | $515,000 | DETACHD | 4 | 3 | 2655 | 22 |
| 19266 SW MEGLY CT | $589,900 | $573,000 | DETACHD | 4 | 3 | 3575 | 49 |
| 5774 BAY POINT DR | $625,000 | $625,000 | DETACHD | 5 | 2.1 | 3674 | 4 |
| 3820 SOUTHSHORE BLVD | $950,000 | $900,000 | DETACHD | 5 | 4 | 4855 | 227 |
| 17979 CRESTLINE DR | $1,149,000 | $1,110,000 | DETACHD | 4 | 2.1 | 4650 | 7 |
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
Real Estate Notes:
Tax Credit Extension Update: Well, most expected HR 4213 to pass the Senate, but it was rejected in a test vote on Monday 52 – 45. This bill would have extended the mandatory closing deadline for real estate closings to September, thereby cutting some slack to the many Buyers, Escrow officers and Lenders who are working their way through the morass… all with the same deadline. There is a real concern that as next Wednesday approaches, the bottleneck will strangle many of these deals due to sheer volume and limited capacity and resources to finish on time.
As of today, June 24th, the Senate will “continue considering” the bill, and a number of amendments. This bill also includes other considerations including extending unemployment benefits, and will reportedly add 80 billion to the deficit. This is the reason being given for it’s defeat in the test vote on Monday in it’s then-current form.
Community News:
Community-Wide Garage Sale! Get ready to say goodbye to those items you no longer need in your home. To someone else they will be a “find”! Register your sale and your location will be mapped with your sale items listed. Free to Lake Oswego citizens, and Free publicity to boot! The event is July 10th from 8AM till 3PM. You have until June 28th to register. Click Here
The Sensitive Lands debate has been quite high profile for some time now, with citizens very concerned on all sides of the issue… concerned with how properties will be affected; concerned about how the natural landscape will be affected; concerned about how local government is handling an issue so important to citizens and the environment alike. The Second Look Task Force is completing their review of the environmental and regulatory purposes, and providing recommendations for changes that increase flexibility & clarity, and maintain the community’;s committment to the natural environment. If you’d like to know how you can provide input, Click Here. (All meetings except for July 10th will be televised live beginning at 6:30 PM on TVCTV Channel 23 or 28.)
Herbicides on Lake Front: From July 21 – 25 aquatic herbicides will be applied to shorelines along the main lake and Blue Heron Canal. For more information call Casey Deck at 503 636 1422.
Take A Free Tour! Have you been wanting to learn more about all of those sculptures & works of art you see around town? You can enjoy a walk with a Docent who will show you many of them in Lake Oswego’s “Gallery Without Walls”. Learn what the artist was thinking and how the piece was crafted. Tours are scheduled for June 25, 26, and 27 from 11AM till noon and 3PM till 4PM. No reservations are required. Proceed to the front of St. Honore Bakery at 315 1st St. next to Millenium Park Plaza. For more information call 503 675 3738.
Market Activity Report for June 14-20, 2010
Last week brought 16 new listings, 14 pending sales, and 12 closed sales. I think what I find most interesting is the CDOM (cumulative days on the market). It does seem that things are selling either really fast or really slowly. Correct pricing is what makes the difference! And notice the house on Polonius: it not only sold in 8 days, but for $15,000 over the asking price. Yes, this may have reflected built in costs for closing costs or some other concession, but it is still a rare event in this economy. And it does mean that the seller had an eager buyer who was not haggling the price down.
Here is your weekly update (see below the tables for additional notes):
NEWLY LISTED (June 14—20, 2010)
| Address | List Price | Total Br | Total BTHS | SQ FT | Prop Type | ||
| 222 RIDGEWAY RD | $125,000 | 1 | 1 | 756 | CONDO | ||
| 139 TOUCHSTONE CT | $279,900 | 2 | 2 + .5 | 1,846 | ATTACHD | ||
| 4321 WOODSIDE CIR | $289,000 | 3 | 2 | 1,532 | ATTACHD | ||
| 17683 ARBOR LN | $339,900 | 3 | 2 | 1,946 | DETACHD | ||
| 1117 HEMLOCK ST | $349,900 | 3 | 2 | 1,680 | DETACHD | ||
| 18651 DON LEE WAY | $384,900 | 4 | 2 | 1,630 | DETACHD | ||
| 15012 TWIN FIR RD | $399,000 | 5 | 2 | 3,532 | DETACHD | ||
| 15008 TWIN FIR RD | $399,000 | 5 | 2 | 3,372 | DETACHD | ||
| 524 2ND ST | 439000 | 2 | 2 + .5 | 1,547 | CONDO | ||
| 17681 LEAFY LN | 449000 | 4 | 3 | 2,242 | DETACHD | ||
| 10 HILLSHIRE DR | 549900 | 4 | 3 | 3,152 | DETACHD | ||
| 6 MORNINGVIEW LN | 659000 | 4 | 3 | 3,998 | DETACHD | ||
| 116 3RD ST | 675000 | 2 | 1 | 915 | DETACHD | ||
| 649 9TH ST | 819000 | 3 | 2 + .5 | 2,852 | DETACHD | ||
| 1250 SUNNINGDALE RD | 825000 | 5 | 3 + .5 | 4,073 | DETACHD | ||
| 245 CHANDLER PL | 949850 | 4 | 2 + .5 + .5 | 3,733 | DETACHD |
PENDING SALES (June 14-20, 2010)
| Address | List Price | Total BR | Total BTHS | SQ FT | Prop Type | CDOM | ||
| 5225 JEAN RD | $155,000 | 2 | 2 | 1,400 | CONDO | 28 | ||
| 4224 HAVEN ST | $269,900 | 4 | 2 | 2,752 | DETACHD | 39 | ||
| 3388 EDGEMONT RD | $279,900 | 3 | 2 + .5 | 1,968 | DETACHD | 283 | ||
| 17518 REDFERN AVE | $355,000 | 3 | 2 | 1,831 | DETACHD | 715 | ||
| 540 2ND ST | $410,000 | 2 | 2 + .5 | 1,520 | CONDO | 870 | ||
| 17845 SARAH HILL LN | $417,000 | 4 | 2 + .5 | 2,970 | DETACHD | 9 | ||
| 53 D AVE | $435,000 | 3 | 3 | 2,211 | DETACHD | 518 | ||
| 17387 CANYON DR | $479,000 | 3 | 2 + .5 | 1,955 | DETACHD | 11 | ||
| 4089 MELISSA DR | 524900 | 4 | 2 + .5 | 2,710 | DETACHD | 9 | ||
| 5678 CHARLES CIR | 525000 | 3 | 4 | 3,455 | DETACHD | 495 | ||
| 18282 ANDUIN TER | 625000 | 4 | 2 + .5 | 3,765 | DETACHD | 1 | ||
| 14370 PFEIFER DR | 669000 | 4 | 2 + .5 | 3,318 | DETACHD | 12 | ||
| 11 HILLSHIRE DR | 825000 | 4 | 2 + .5 | 3,415 | DETACHD | 33 | ||
| 18735 BRYANT RD | 909900 | 5 | 3 + .5 | 5,323 | DETACHD | 149 |
SOLD (June 14-20, 2010)
| Address | Original Price | Close Price | Prop Type | SQ FT | CDOM | ||
| 109 OSWEGO SMT | $144,900 | $141,900 | CONDO | 1212 | 47 | ||
| 12846 SW BOONES FERRY RD | $225,000 | $199,000 | CONDO | 1136 | 532 | ||
| 3485 DEVONSHIRE DR | $264,900 | $250,000 | ATTACHD | 1556 | 16 | ||
| 12 POLONIUS ST | $246,600 | $261,000 | DETACHD | 3275 | 8 | ||
| 136 TOUCHSTONE TER | $350,000 | $267,500 | DETACHD | 1996 | 243 | ||
| 15148 QUARRY RD | $279,000 | $279,000 | DETACHD | 1618 | 11 | ||
| 3056 WEMBLEY PARK RD | $339,000 | $285,000 | DETACHD | 2600 | 36 | ||
| 31 DA VINCI ST | $399,900 | $352,000 | DETACHD | 2232 | 249 | ||
| 1545 CLOVERLEAF RD | 579950 | $535,000 | DETACHD | 2723 | 59 | ||
| 13090 KNAUS RD | 995000 | $600,000 | DETACHD | 5578 | 357 | ||
| 5218 WESTFIELD CT | $699,500 | $607,000 | DETACHD | 3125 | 284 | ||
| 13081 KNAUS RD | 1795000 | $1,400,000 | DETACHD | 3269 | 58 |
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
The City of Lake Oswego is mourning the unexpected passing of it’s beloved Police Chief, Dan Duncan. There will be a memorial service June 4th, 1:00PM at the Rolling Hills Community Church. Flags in the city will be at half-mast from now until that date. His family has set up a Memorial Site with photos and information. Well-wishers may leave messages there for them.
The Willamette Shore Trolley is up & running! This has been one of my favorite things to do with visitors to Lake Oswego for many, many years. I have photos of beloved family members and I enjoying the ride to & from Portland that I will always cherish. Make your own memories as the train winds along the waterfront & through the trees & neighborhoods that line this historic passage between the two cities. This route is also the one being considered for a possible streetcar! For a schedule of times & fares call 503 697 7436, or visit the Website.
The latest Market Activity Report for Portland Metro produced by RMLS shows the following data:
- Comparing April 2010 with April 2009: Closed Sales increased 49.1%, and Pending Sales rose 60.8% with New Listings going up by 23.8%
- When comparing April 2010 with March 2010, the average sale price rose just 0.6%
- Comparing January – April 2010 with the same period in 2009, Closed Sales increased 41.4%, with Pending Sales rising by 46.3% and New Listings by 15.4%
- April’s Total Market Time for Portland Metro was: 127 days
- Lake Oswego and West Linn’s Total Market Time was: 147 days
- Lake Oswego and West Linn’s Average Sales Price (RMLS lumps the two areas together) was $502,800.
- Lake Oswego and West Linn posted 101 Closed Sales in April with 1066 Active Listings
- Lake Oswego and West Linn saw a 113.8% increase in Pending Sales April 2010 compared to April 2009