Well, the school year has officially started, and we’re all back from our Labor Day festivities. From the look of things, real estate is still moving right along with 21 Pending sales this past week in Lake Oswego. We had 12 New properties come on market, and just 5 get to Sold status.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (August 31—Sept. 6, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
LIST DATE
|
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | List Date |
| 370 CERVANTES CIR | $130,000 | 2 | 1 | 832 | CONDO | 8/31/2009 |
| 5051 FOOTHILLS DR | $210,000 | 2 | 2 | 991 | CONDO | 8/31/2009 |
| 29 ORIOLE LN | $299,990 | 3 | 2.1 | 1,644 | DETACHD | 9/4/2009 |
| 15139 Tree RD | $315,000 | 3 | 2 | 1,328 | DETACHD | 8/31/2009 |
| 15112 QUARRY RD | $325,000 | 4 | 2 | 1,968 | DETACHD | 9/4/2009 |
| 1625 CLOVERLEAF RD | $364,900 | 3 | 2 | 1,996 | DETACHD | 9/3/2009 |
| 4774 OAKRIDGE RD | $374,000 | 3 | 1 | 2,104 | DETACHD | 9/2/2009 |
| 5460 BAY CREEK DR | $429,900 | 3 | 2.1 | 2,358 | DETACHD | 9/1/2009 |
| 19026 INDIAN SPRINGS RD | 435000 | 5 | 3 | 2,971 | DETACHD | 8/31/2009 |
| 1025 C AVE | 499500 | 3 | 2 | 2,261 | DETACHD | 9/2/2009 |
| 18842 BRYANT RD | 850000 | 4 | 2.2 | 3,528 | DETACHD | 9/2/2009 |
| 1633 MAPLE ST | 894950 | 3 | 3 | 3,405 | DETACHD | 9/4/2009 |
PENDING SALES (August 31 -Sept 6, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 7202 SW MONTAUK CIR | $109,900 | 2 | 1 | 968 | CONDO | 43 |
| 15938 QUARRY RD | $129,900 | 2 | 1 | 991 | CONDO | 62 |
| 45 CRESTFIELD CT | $138,900 | 2 | 1 | 923 | CONDO | 63 |
| 15868 PARKER RD | $169,900 | 2 | 1 | 780 | DETACHD | 168 |
| 4 TOUCHSTONE | $179,500 | 2 | 2 | 984 | CONDO | 19 |
| 668 MCVEY AVE | $179,850 | 2 | 1.1 | 976 | CONDO | 1022 |
| 1432 LAUREL ST | $269,500 | 2 | 1 | 920 | DETACHD | 85 |
| 3290 WEMBLEY PARK RD | $278,910 | 5 | 3 | 2,614 | DETACHD | 29 |
| 6310 CARMAN DR | 349900 | 3 | 2.2 | 1,270 | DETACHD | 86 |
| 14141 GOODALL RD | 359900 | 3 | 2.1 | 1,754 | DETACHD | 91 |
| 2851 PARK RD | 399000 | 4 | 2.1 | 2,674 | DETACHD | 137 |
| 126 CONDOLEA DR | 449000 | 3 | 3 | 2,664 | CONDO | 680 |
| 13342 AUBURN CT | 475000 | 3 | 2.1 | 2,389 | ATTACHD | 75 |
| 1921 GLENMORRIE LN | 499000 | 3 | 3 | 2,395 | DETACHD | 49 |
| 2925 ORCHARD HILL PL | 499900 | 3 | 2.1 | 2,418 | DETACHD | 148 |
| 13176 SANDALWOOD CT | 589000 | 4 | 2.1 | 2,982 | DETACHD | 306 |
| 5421 Bay Creek DR | 599000 | 4 | 2.1 | 3,241 | DETACHD | 138 |
| 799 COUNTRY CLUB RD | 600000 | 6 | 2.1 | 4,410 | DETACHD | 784 |
| 17878 HILLSIDE DR | 895000 | 5 | 3 | 3,462 | DETACHD | 34 |
| 17211 KELOK RD | 1399000 | 3 | 3.1 | 5,384 | DETACHD | 91 |
| 16737 MAPLE CIR | 1400000 | 3 | 3 | 1,683 | DETACHD | 144 |
SOLD (August 31-Sept. 6, 2009)
| ADDRESS | ORIG. PRICE | SALE PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 1889 BOCA RATAN DR | $229,900 | $230,000 | 3 | 2 | 1,393 | ATTACHD | 7 |
| 3355 UPPER DR | $470,000 | $440,000 | 4 | 2 | 3,205 | DETACHD | 23 |
| 181 3RD ST | $739,000 | $635,000 | 2 | 2 | 1,523 | CONDO | 196 |
| 22 INDEPENDENCE AVE | $724,000 | $675,500 | 7 | 4.1 | 4,066 | DETACHD | 26 |
| 511 6TH ST | $988,000 | $825,000 | 5 | 3.1 | 4,000 | DETACHD | 146 |
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.

I have a very great fondness for the
This subject is leading me to a little bit of Oregon history. As you drive around the metro area you’ll see quite a few roads that feature the word ferry in their name: Taylor’s Ferry Rd, Graham’s Ferry Rd, Scholls Ferry Rd. And here in Lake Oswego, Boones Ferry Rd is one of the major streets in town. These roads were conveniently named to lead travelers back in the days before we had bridges across the Willamette River to the many ferries that aided with these crossings. Boones Ferry Road led to the Boones Ferry, which was located where what is now Boones Bridge in Wilsonville (actually the current location of the Boones Bridge across I-5). Boones Ferry was operated by Alphonso Boone, a grandson of Daniel Boone.
According to the latest Market Action Report for the Portland area “Closed sales in the Portland metro area for July 2009 eclipsed last July’s total by 8.6%, marking the first time same-month closed sales have increased since April 2007. Pending sales also grew 8.3%. New listings dropped 25.4% . Comparing July 2009 with June 2009, closed sales increased 11.9% (1,988 v. 1,776) and pending sales were up a slight 0.3% (2,170 v. 2,164). New listings fell 8.2% (3,907 v. 4,257).”
If you have been reading the Propertyblotter for awhile, you know that I am a big supporter of the annual Race for the Cure. I am now a 2-year breast cancer survivor. It’s a club I never wanted to join, but now that I’m in it, I’m doing whatever I can to keep other women (and men too) from having to join.
Breast cancer will strike one in 8 women in her lifetime. My great-grandmother died of breast cancer in 1929, at the age of 48, the same age that I was when I got my diagnosis. Luckily for me, in the 80 years since my great-grandmother died, thousands of people have put time and money into education and finding a cure. I see it as my duty to pay that forward so that future generations don’t have to live in the shadow of this terrible disease.
Even more than inviting you to walk with me, I would like to ask you to consider making a donation. It is such a worthwhile cause. $77 pays for one un-insured or under-insured woman to get a mammogram.