Tag: pending sales

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News & Notes ~ October 2015 Numbers

Here are the October numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together).

According to the RMLS Market Action Report for the Portland Metro Area, October, 2015:

  • There were 3,063 New Listings in October which was down 10.5% from September (3,424), but up 6.3% from October of 2014.
  • At 2,717, October Closed Sales fell 9.7% from September’s 3,010, and were up  9.2% from October of 2014’s 2,487.
  • October Pending Sales (accepted offers), at 2,996 were up slightky at 0.8% from September’s 2,971, and fared 20.8% better than October of 2014’s 2,480 total.
  •  The Average Sale Price in October of $360,000 was up significantly at $11,000 over September’s $349,000, and also up almost $25,000 over October of 2014’s $335,600. 

The combined areas of Lake Oswego and West Linn  for the month of October 2015 reported:

    •  390 Active Listings  (Sept was 454)
    •  143 New Listings   (Sept was 228 )
    •  142 Pending Sales    (Sept was 181)
    •  139 Closed Sales   (Sept was 181 )
    • Average Sale Price for October of $614,600 (Sept/$574,800. )
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 73 Days (Sept was 59)
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Market Activity ~ Nov 2-8, 2015

Last week, Nov 2-8, Lake Oswego we saw 5 New properties enter the market, 18 move to Pending status, and 5 “Closed”/Sold.  This is still a Sellers’ Market, and/but, Buyers have a bit of an advantage right now (better than any other time of year in a Sellers’ Market) as Sellers want to be “done” & focusing on holidays, finalizing by the end of the year, and other fun things.  On another note: Interest rates are rumored to be potentially rising in December……  Sounds like a Good time to buy if you’ve been on the fence. Something to think about ; )

Following is the breakdown for you according to RMLS for last week:

NEW on Mkt (Nov 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type
3886 BOTTICELLI ST $220,000 2 1.1 1132 CONDO
1720 YARMOUTH CIR $445,000 3 2.1 2020 DETACHD
13485 STREAMSIDE DR $749,900 3 3 3023 DETACHD
531 7TH ST $1,125,000 3 2.1 2818 DETACHD
1144 BAYBERRY RD $1,299,900 6 3 3523 DETACHD

PENDING SALES (Nov 2-8, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD D105 $159,900 2 2 924 CONDO 58
4000 CARMAN DR #74 $164,900 2 2 836 CONDO 10
200 BURNHAM RD #406 $229,000 2 1 1199 CONDO 153
6155 MCEWAN RD $320,000 2 2 1294 DETACHD 108
42 ORIOLE LN $350,000 3 2 1290 DETACHD 8
4230 SUNSET DR $379,900 3 3 1563 DETACHD 1
5934 KENNY ST $389,900 4 2 1596 DETACHD 62
17347 ASHLEY CT $454,900 4 2.1 2117 ATTACHD 90
6192 HARRINGTON AVE $474,900 5 3 2817 DETACHD 40
2222 CREST DR $545,000 4 3.1 2820 DETACHD 133
619 CLARA CT $549,000 4 2.1 2958 DETACHD 4
4595 HASTINGS PL $589,000 4 2.1 2176 DETACHD 1
17927 RIDGE LAKE DR $629,900 4 2.1 2544 DETACHD 55
1293 TIMBERLINE DR $649,000 3 3 2957 DETACHD 85
15821 SPRINGBROOK CT $699,900 2 2 2208 DETACHD 10
2337 HILLSIDE LN $899,000 4 3.1 4932 DETACHD 36
17346 CANAL CIR $995,000 4 3 3406 DETACHD 37
2912 WEMBLEY PARK RD 1100000 – 1300000 4 4.1 4500 DETACHD 129

SOLD  (Nov 2-8, 2015)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
5064 FOOTHILLS DR #F $269,000 $264,000 2 2 1252 CONDO 84
16200 PACIFIC HWY #22 $299,000 $299,000 2 2 1190 CONDO 7
49 BRIARWOOD RD $650,000 $610,000 3 2 2162 DETACHD 5
18360 DELENKA LN $859,900 $799,000 5 3.1 4828 DETACHD 154
4112 ORCHARD WAY $950,000 $917,500 5 4 4190 DETACHD 16

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.

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Market Activity Oct 26th – Nov 1st, 2015

This is the first week in quite a long while that I have seen such a small lineup of new listings. The mad rush of inventory that we had through the summer, and into the early fall, is now ending. As the winter begins to approach, and we hunker down with warm drinks and jackets, we’ll also see the real estate market slow down.
Hope everybody has some wonderful plans for turkey day!

Following is the breakdown for you according to RMLS for last week:

New on the Market (Oct 26th-Nov 1st, 2015)

Address Type Price Bedrooms Bathrooms Sqft
67 OSWEGO SMT #67 CONDO 179,000 2 2 1212
42 ORIOLE LN DETACHED 350,000 3 2 1290
19 EL GRECO ST DETACHED 698,950 4 3 3030
1269 LAKE GARDEN CT DETACHED 929,000 4 2.5 2056
18945 BRYANT RD DETACHED 987,000 5 3 4755

Pending Sales (Oct 26th-Nov 1st, 2015)

Address Type Price Bedroom Bathrooms DOM
4 TOUCHSTONE #130 CONDO 159,900 2 2 2
668 MCVEY AVE #14 CONDO 179,000 1 1 92
48 EAGLE CREST DR 5E CONDO 205,000 2 2 55
5225 JEAN RD #201 CONDO 224,900 3 2 72
4347 SILVER CT CONDO 319,000 3 2.5 7
80 KINGSGATE RD DETACHED 349,900 3 2 3
5253 TIMBERGROVE ST DETACHED 357,500 3 2 8
18305 FERNBROOK CT DETACHED 399,900 3 2 2
55 NORTH SHORE RD #4 CONDO 415,000 2 2 36
19229 LONGFELLOW AVE DETACHED 419,900 2 2 4
14754 DAVIS LN ATTACHED 445,000 3 2.5 83
17520 REDFERN AVE DETACHED 499,900 3 2 48
432 LININGGOOD LLN DETACHED 519,000 4 3 114
5336 COVENTRY CT DETACHED 524,500 4 2.5 3
316 MIDDLECREST RD DETACHED 595,000 3 2.5 75
4744 CAMBRIDGE CT ATTACHED 605,000 3 2.5 0
17440 BLUE HERON RD DETACHED 699,000 3 3 45
17454 CANAL CIR DETACHED 755,000 3 2.5 47
1032 WESTWARD HO RD DETACHED 929,000 4 3.5 797
3070 WEMBLEY PARK RD DETACHED 1,459,000 4 3.5 127
17700 UPPER CHERRY LN DETACHED 2,500,000 5 5.5 8
1210 CHANDLER RD DETACHED 2,975,000 4 5.5 512

Sold/Closed  (Oct 26th-Nov 1st, 2015)

Address Type List Price Close Price Sqft DOM
4000 CARMAN DR #33 ATTACHED 165,000 170,000 1100 3
3892 BOTTICELLI ST CONDO 235,000 225,000 1288 180
4405 THUNDER VISTA LN CONDO 275,000 270,000 1922 11
1559 WORTHINGTON ST DETACHED 434,900 390,000 2016 83
18357 HEATHER ANN CT DETACHED 439,900 440,000 1832 2
27 DEL PRADO ST DETACHED 449,000 525,000 3341 7
39 NOVA CT DETACHED 539,000 525,000 2590 4
3232 WEMBLEY PARK RD DETACHED 799,900 530,000 2805 108
6 GROUSE TER DETACHED 544,900 534,900 3576 3
729 SOUTHVIEW RD DETACHED 725,000 603,000 2657 141
13836 AMBERWOOD CIR DETACHED 869,000 655,000 4183 184
2189 FERNWOOD CIR DETACHED 650,000 695,000 2921 141
23 MASAEYK ST DETACHED 724,000 724,000 2861 7
1874 GLENMORRIE TER DETACHED 939,000 817,500 3508 295
1943 INDIAN TRAIL DETACHED 869,850 875,000 2960 4
4640 DOGWOODDR DETACHED 1,100,000 900,000 3500 13
475 8TH ST DETACHED 999,950 970,000 2699 65
635 IRON MOUNTAIN BLVD DETACHED 1,369,000 1,369,000 4736 0
2950 WEMBLEY PARK RD DETACHED 1,950,000 1,795,000 6329 111
1186 CRESTLINE CT DETACHED 3,975,000 2,087,730 14411 1457

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.

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Market Activity Oct 19-25, 2015

Last week was gorgeous here in Lake Oswego. The fall colors and the dramatic sunrises and sunsets really made it a wonderful week. Real Estate also continued to move right along. Yes, things have slowed, but there is NEVER a time of year when homes are not being bought and sold. Last week in LO we had 11 new listings, 16 pending sales, and 10 closed sales. I expect the next couple of weeks to be very healthy for selling as buyers work to time their purchase so that they can move into their new home before the holidays.

Following is the breakdown for you according to RMLS for last week:

New on the Market (Oct 19-25, 2015)

Address Type Price BR Baths Sq Ft
65 Oswego Summit Condo $154,999 2 2 1140
4000 Carman Dr #74 Condo $164,900 2 2 836
4347 Silver Ct Condo $319,000 3 2.5 1844
6140 Burma Rd Detached $419,000 4 2 1656
18802 Redwing Way Detached $459,000 3 2 1550
5330 Carman Grove Ln Detached $675,000 3 3 2398
41 Touchstone Detached $689,500 4 3 3092
15821 Springbrook Ct Detached $699,900 2 2 2208
14435 Uplands Dr Detached $965,000 4 3.5 4822
18048 Eastridge Ln Detached $1,250,000 4 3.5 4231
17700 Upper Cherry Ln Detached $2,500,000 5 5.5 6850

Pending Sales (Oct 12-18, 2015)

Address Type Price BR Baths Sq Ft CDOM
57 Church St Condo $159,000 1 1 636 3
15 Oswego Summit Condo $164,900 2 2 1212 58
6213 Harrington Ave Detached $339,000 3 1 960 6
16735 Lake Forest Blvd Detached $349,900 3 2 1192 57
15 Greenridge Ct Attached $359,000 3 2.5 1996 89
17422 Blue Heron Rd Detached $399,900 3 2 1954 33
14752 Davis Ln Attached $435,000 3 2.5 1954 33
5875 Bonita Rd Detached $519,000 5 3.5 2650 27
4708 Hastings Pl Detached $575,000 4 2.5 2215 80
5124 Lakeview Blvd Detached $579,000 4 3 2932 20
6 Independence Ave Detached $615,000 3 2 2578 64
1052 Yates St Detached $664,900 3 2.5 2598 24
599 7th St Detached $775,000 4 3 2468 40
5459 Westfield Ct Detached $899,000 5 3.5 3670 33
725 5th St Detached $1,099,900 3 3 2748 72
3796 Lakeview Blvd Detached $1,995,000 3 2.5+.5 4150 448

Sold/Closed  (Oct 19-25, 2015)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Parkway Condo $144,900 $153,500 822 3
4 Touchstone #152 Condo $168,900 $185,000 1275 3
5835 Carman Dr Detached $273,900 $227,000 1650 20
5052 Foothills Dr F Condo $220,000 $230,000 1252 2
1325 Bonniebrae Dr Attached $274,900 $277,500 1393 2
3190 Duncan Dr Detached $400,000 $377,000 2401 223
4926 Mulholland Dr Attached $550,000 $550,000 2376 1
15590 Tanager Dr Detached $585,000 $562,500 2532 31
13060 SW Elk Rock Rd Detached $825,000 $710,000 3681 155
581 2nd St #581 Condo $1,200,000 $1,100,000 2190 60

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.

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Market Activity ~ Oct 12-18, 2015

October 12-18, Lake Oswego we saw 8 New properties enter the market, 18 move to Pending status, and 17 “Closed”/Sold.  Its interesting to note that of the 16 that come up as “New”, 8 of those were not truly new, but rather “refreshed” and therefore not included below.

Following is the breakdown for you according to RMLS for last week:

NEW on Mkt (Oct 12-18, 2015)

Address List Price # Beds # Baths Total SF Prop Type
13680 SHIREVA DR $459,000 3 2 1504 DETACHD
14356 HOLLY SPRINGS RD $510,000 4 2.1 1939 DETACHD
17200 CANAL CIR $668,000 3 1.1 1774 DETACHD
5322 CARMAN GROVE LN $715,000 3 2.1 2486 DETACHD
5349 CARMAN GROVE LN $745,000 3 2.1 2633 DETACHD
2043 RIDGEWOOD RD $885,000 5 3 3016 DETACHD
4155 CANAL RD $1,259,000 4 2.1 3736 DETACHD
2098 CREST DR $3,500,000 5 5.1 7837 DETACHD

PENDING SALES (Oct 12-18, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
210 S STATE ST#4 $219,900 2 1 1284 CONDO 44
3910 CARMAN DR $234,900 2 2.1 1129 CONDO 83
16 WHEATHERSTONE $325,000 3 2.1 1692 CONDO 3
12802 BOONES FERRY RD $339,000 3 2.1 1454 CONDO 25
18561 SW KRISTI WAY $349,000 3 2.1 1440 DETACHD 30
5336 TREE ST $379,950 4 2 1696 DETACHD 21
15213 QUARRY RD $399,000 3 2 1761 DETACHD 19
4291 WOODSIDE CIR $400,000 3 2 2026 ATTACHD 4
5882 KENNYCROFT WAY $409,990 3 2 1272 DETACHD 5
5749 WINDFIELD LOOP $419,900 3 3 1873 DETACHD 94
18275 PILKINGTON RD $439,000 3 2 2088 DETACHD 49
15948 QUARRY RD $445,000 2 1 920 DETACHD 116
2600 GLENMORRIE DR $495,000 2 1 1370 DETACHD 0
10 DEL PRADO ST $519,900 5 3 3104 DETACHD 65
4724 AVERY LN $599,900 4 2.1 2731 DETACHD 23
187 FURNACE ST $670,000 2 2.1 1927 CONDO 80
1600 OAK ST $900,000 4 3.2 4385 DETACHD 83
18711 WESTVIEW DR $949,900 4 3.1 3591 DETACHD 55

SOLD  (Oct 12-18, 2015)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #153 $145,000 $140,000 2 2 1031 CONDO 32
200 BURNHAM RD #408 $249,000 $241,000 2 2 1305 CONDO 21
210 S STATE ST #3 $297,500 $297,500 2 1.1 1495 CONDO 21
25 ORIOLE LN $449,950 $412,000 3 2 1460 DETACHD 32
26 SPINOSA $425,000 $415,000 3 2.1 2065 DETACHD 55
14314 ORCHARD SPRINGS RD #35 $434,000 $430,000 5 3 2238 DETACHD 5
4330 ORCHARD WAY $445,000 $445,000 4 2.1 2099 DETACHD 6
4840 DOGWOOD DR $475,000 $475,000 3 3 2716 DETACHD 22
120 CONDOLEA DRm- Main $549,999 $500,000 3 3 2958 CONDO 416
14674 RAINBOW DR $599,000 $556,500 4 3 3100 DETACHD 44
2470 MARYLVIEW CT $739,000 $710,000 4 2.1 3486 DETACHD 24
1267 CHERRY LN $849,000 $720,000 4 2 3311 DETACHD 308
141 BERWICK RD $750,000 $750,000 4 3 2336 DETACHD 0
5724 LA MESA CT $799,900 $763,500 5 2.1 3669 DETACHD 21
17980 KELOK RD $899,900 $885,000 4 2.1 2969 DETACHD 26
454 9TH ST $1,125,000 $1,100,000 3 4 3278 DETACHD 25
1653 Lake Front RD $3,900,000 $3,550,000 5 5.1 6274 DETACHD 175

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.

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Market Activity Oct 5th – 11th, 2015

We are seeing a gradual decline in activity: Though we have 26 pending properties, 25 sold houses, there are only 7 new listings entering into the market. It will be interesting to see how this affects the activity over the next few weeks.

Hope everybody is staying happy and safe this October!

Following is the breakdown for you according to RMLS for last week:

New on the Market Oct 5- Oct 11, 2015)

Address Type Price Bedrooms Bathrooms Sqft
16309 SW LAKE FOREST BLVD DETACHED 385,000 3 2 1608
6105 SHAKESPEARE ST DETACHED 400,000 4 2 1550
5640 MERIDIAN CT DETACHED 799,800 4 3.5 3459
4018 CANAL WOODS CT DETACHED 899,000 5 3.5 3600
2351 PALISADES CREST DR DETACHED 995,000 5 2.5 4564
2091 SUMIT DR DETACHED 1,150,000 3 2.5 2598
855 G AVE DETACHED 1,595,000 3 2.5 3625

Pending Sales Oct 5- Oct 11, 2015)

Address Type Price Bedroom Bathrooms DOM
100 KERR PKWY #36 CONDO 115,500 1 1 42
4000 CARMAN DR #88 CONDO 149,000 2 2 28
4000 CARMAN DR G107 CONDO 174,800 2 2 3
15230 BOONES WAY 1D CONDO 205,000 2 2 4
52 CERVANTES CIR 3-A CONDO 209,000 2 1.5 58
4434 THUNDER VISTA LN ATTACHED 247,000 2 2.5 36
3696 SPRING LN 3B CONDO 269,900 2 2 14
1228 CEDAR ST DETACHED 337,500 3 2 43
18690 DON LEE WAY DETACHED 350,000 3 2 28
17701 BLUE HERON WAY DETACHED 399,000 3 2.5 205
89 KINGSGATE RD DETACHED 399,990 3 2.5 42
3674 CARMAN DR DETACHED 449,000 3 2.5 38
5063 CENTERWOOD ST DETACHED 480,000 4 3 19
17280 WESTVIEW DR DETACHED 487,000 3 3 19
6059 FROST LN DETACHED 508,000 4 2.5 14
18529 DEERBRUSH AVE DETACHED 550,000 4 2.5 8
16731 ALDER CIR DETACHED 555,000 3 2.5 8
2395 PALISADES CREST DR DETACHED 649,900 4 3 141
17337 CEDAR RD DETACHED 675,000 4 3.5 29
37 DA VINCI ST DETACHED 699,900 4 2.5 18
3211 ALBER SPRING CT DETACHED 739,000 4 2.5 2
19133 MEGAN PL DETACHED 749,000 4 3.5 115
18970 BRYANT RD DETACHED 799,900 4 3 46
1061 YATES ST DETACHED 839,900 3 3.5 33
1211 BAYBERRY RD DETACHED 1,125,000 6 5 79
581 2ND ST #581 DETACHED 1,200,000 2 2.5 60

SOLD  (Oct 5- Oct 11, 2015)

Address Type List Price Close Price Sqft DOM
47 EAGLE CREST DR #20 CONDO 126,950 104,000 1009 87
3433 MCNARY PKWY #704 CONDO 169,000 174,900 1008 46
668 MCNARY AVE #44 CONDO 199,000 175,000 636 54
16250 PACIFIC HWY #42 CONDO 234,900 225,000 1350 17
4343 BEASLEY WAY DETACHED 250,000 280,000 1110 7
1819 BOCA RATAN DR ATTACHED 299,999 307,500 1405 3
105 KINGSGATE RD DETACHED 319,900 320,000 1500 66
937 OAK ST DETACHED 445,000 420,000 3153 40
7 HIDALGO ST DETACHED 449,900 433,500 2408 124
19113 TERRY AVE DETACHED 415,000 434,000 1352 3
15144 BOONES WAY DETACHED 465,000 435,000 2409 37
6155 FROST LN DETACHED 488,900 444,888 2364 118
3180 EDGEMONT RD DETACHED 475,000 487,000 1704 5
4403 OAKRIDGE RD ATTACHED 539,000 540,000 2004 0
18707 TUALATA AVE DETACHED 549,900 605,000 2569 3
13265 FOX RUN DETACHED 625,000 620,500 2614 3
2322 STONEHURST CT DETACHED 715,000 650,000 3676 41
311 3RD ST ATTACHED 678,988 664,200 2123 18
595 D AVE DETACHED 1,075,000 1,000,000 3760 75
701 4TH ST DETACHED 1,030,000 1,030,000 2885 3
5220 FIRWOOD RD DETACHED 1,125,000 1,100,000 2507 8
17327 KELOK RD DETACHED 1,250,000 1,100,000 2300 145
17435 WREN CT DETACHED 1,299,900 1,326,000 2960 2
2793 POPLAR WAY DETACHED 1,699,000 1,575,000 6536 16
1115 LAKE FRONT RD DETACHED 1,898,000 1,790,000 3900 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.

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Market Activity Sept 28-Oct 4, 2015

Since the start of school it has felt, to me, like the market has slowed a bit as compared to the hot market we had in June, July and August. Last week’s activity in Lake Oswego brought us 14 new listings, 21 pending sales, and 10 sold/closed sales. This week my business has ramped back up and I have been hearing similar comments from other agents. It will be interesting to see if the numbers are up next week.

Following is the breakdown for you according to RMLS for last week:

New on the Market Sept 28-Oct 4, 2015)

Address Type Price Bedrooms Baths Sq Ft
15230 Boones Way 1D Condo $205,000 2 2 1185
16250 Pacific Hwy #74 Condo $274,800 2 2 1,324
191 Oswego Summit #191 Condo $279,000 2 2 1506
14850 Twin Fir Rd Detached $439,000 3 3 2018
6411 Frost St Detached $518,000 3 2.5 2430
18529 Deerbrush Ave Detached $550,000 4 2.5 2461
16731 Alder Circle Detached $555,000 3 2.5 2301
5124 Lakeview Blvd Detached $579,000 4 3 2932
1053 Yates St Detached $664,900 3 2.5 2598
5937 Bay Point Dr Detached $789,000 4 2.5 3174
17154 Lowenberg Terrace Detached $799,960 5 3.5 3514
2337 Hillside Ln Detached $925,000 4 3.5 4932
17346 Canal Circle Detached $995,000 4 3 3406
120 Cabana Pointe Detached $2,199,000 3 3 3446

Pending Sales Sept 28-Oct 4, 2015)

Address Type Price Bedrooms Baths Sq Ft DOM
16250 Pacific Hwy #54 Condo $154,900 1 1 841 10
3892 Botticelli St Condo $231,000 3 2 1288 180
5064 Foothills Dr F Condo $269,000 2 2 1252 84
16200 Pacific Hwy #24 Condo $285,000 2 2 1190 62
5280 Chinook Ct Detached $315,000 3 1.5 1457 4
116 Greenridge Ct Condo $344,900 4 2.5 2832 0
16254 Roosevelt Ave Detached $349,000 2 1 1131 55
14314 Orchard Springs Rd Detached $434,000 5 3 2238 5
27 Del Prado St Detached $449,000 4 2.5 3341 7
18620 Indian CreekDr Detached $469,900 3 2 2064 2
6 Grouse Terrace Detached $544,900 3 3 3576 3
1511 Woodland Terrace Detached $599,900 5 2.5 3439 185
16 Westminster Dr Detached $625,000 4 3 3202 2
607 Ash St Detached $639,000 4 3.5 2860 72
12777 Sierra Vista Dr Detached $679,000 4 2.5 3144 135
2189 Fernwood Circle Detached $699,000 4 3 2921 191
23 Masaryk St Detached $724,000 3 2.5 2861 7
14205 Edenberry Dr Detached $735,000 3 2.5 3051 106
18360 Delenka Ln Detached $799,000 5 3.5 4828 154
18009 Braeden Ct Detached $829,000 4 2.5 3286 64
4112 Orchard Way Detached $950,000 5 4 4190 16

SOLD  (Sept 21-27, 2015)

Address Type List Price Sold Price Sq Ft CDOM
50 Cervantes Circle Condo $165,000 $170,000 1368 4
319 Cervantes Condo $199,900 $210,000 1209 14
3926 Carman Dr Condo $234,900 $234,900 1129 66
48 Eagle Crest Dr 3B Condo $246,900 $245,000 1,489 9
1448 Bonniebrae Dr Attached $250,000 $255,000 1008 1
6053 Fernbrook St Detached $338,000 $338,000 912 4
19431 Tualamere Ave Detached $339,900 $340,000 1200 14
1648 Ash St Detached $449,900 $483,500 1877 2
5466 Bay Creek Dr Detached $615,000 $585,000 2535 35
18086 Jenifers Way Detached $699,000 $699,000 2582 49

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.

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News & Notes ~ August Numbers

Here are the August numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together).

According to the RMLS Market Action Report for the Portland Metro Area, August, 2015:

  • There were 3,880 New Listings in August which was down a full 9.2% from the previous month/July, but up 8.3% from August of 2014.
  • At 3,098 August Closed Sales fell 10.3% from July’s numbers, and were up  19.8% from August of 2014.
  • August Pending Sales (accepted offers), at 3,347 were down 4.2% from the previous month, and fared 23.8% better than August of 2014.
  •  The Average Sale Price in August of $364,600 was down  $4,500. from July’s Average of $369,100, and up $24,600 from August of 2014’s $340,000. 

The combined areas of Lake Oswego and West Linn  for the month of August 2015 reported:

    •  454 Active Listings  (July was 447)
    •  228 New Listings   (July was 253)
    •  181 Pending Sales    (July was 190)
    •  181 Closed Sales   (July was 201)
    • Average Sale Price for August of $574,800. (July/$570,800)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 59 Days (July was 65)
Posted on

Market Activity ~ Sept 21-27, 2015

Last week in Lake Oswego we saw 19 New properties enter the market, 24 move to Pending status, and 16 “Closed”/Sold.

Following is the breakdown for you according to RMLS for last week:

NEW on Mkt (Sept 21-27, 2015)

Address List Price # Beds # Baths Total SF Prop Type
3696 SPRING LN #3B $269,900 2 2 1117 CONDO
15 GREENRIDGE CT $359,000 3 2.1 1996 ATTACHD
15213 QUARRY RD $399,000 3 2 1761 DETACHD
5336 TREE ST $399,950 4 2 1696 DETACHD
14314 ORCHARD SPRINGS RD #35 $434,000 5 3 2238 DETACHD
6192 HARRINGTON AVE $498,800 5 3 2817 DETACHD
6059 FROST LN $508,000 4 2.1 2281 DETACHD
5875 BONITA RD $519,000 5 3.1 2650 DETACHD
6 GROUSE TER $544,900 3 3 3576 DETACHD
4312 WOODSIDE CIR $548,000 3 2.1 2678 ATTACHD
4724 AVERY LN $649,900 4 2.1 2731 DETACHD
1255 BICKNER ST $875,000 4 2.1 2764 DETACHD
5459 WESTFIELD CT $924,900 5 3.1 3670 DETACHD
817 HOODVIEW LN $1,135,000 5 3 3446 DETACHD
1495 COUNTRY CLUB RD $1,175,000 4 2.2 4028 DETACHD
556 7TH ST $1,295,000 5 3.1 3911 DETACHD
12838 ALTO PARK RD $1,439,000 4 3.1 4475 DETACHD
13560 FIELDING RD $3,500,000 5 6.1 5310 DETACHD
1500 NORTHSHORE RD $15,000,000 5 6.3 13462 DETACHD

PENDING SALES (Sept 21-27, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #88 $149,000 2 2 836 CONDO 15
4000 CARMAN DR #33 $165,000 2 2 1100 ATTACHD 3
4 Touchstone #155 $168,000 3 2.1 1351 CONDO 4
5225 JEAN RD #201 $224,900 3 2 1500 CONDO 34
5835 CARMAN DR $273,900 2 2.1 1650 DETACHD 20
4405 THUNDER VISTA LN $275,000 2 2.1 1922 CONDO 11
4458 THUNDER VISTA LN $279,000 2 2.1 2200 CONDO 76
16200 PACIFIC HWY #22 $299,000 2 2 1190 CONDO 7
4226 WOODSIDE CIR $329,900 3 2 1578 ATTACHD 12
4200 UPPER DR $350,000 3 1 1371 DETACHD 59
16500 LAKE FOREST BLVD $357,500 3 1 960 DETACHD 5
937 OAK ST $439,000 3 3 3153 DETACHD 40
18357 HEATHER ANN CT $439,900 3 2 1832 DETACHD 2
2301 WEMBLEY PARK RD $460,000 3 2.1 1864 DETACHD 17
7 FALSTAFF ST $549,900 5 2.1 2740 DETACHD 11
3232 WEMBLEY PARK RD $549,900 4 3.1 2805 DETACHD 108
4176 UPPER DR $550,000 5 3 2968 DETACHD 59
311 3RD ST $678,988 3 3.1 2123 ATTACHD 18
14036 MAJESTIC CT $695,000 6 3.2 4995 DETACHD 157
1943 INDIAN TRAIL $869,850 3 2.1 2960 DETACHD 4
475 8th ST $979,000 4 2.1 2699 DETACHD
583 2ND ST Upper $1,100,000 2 2.1 2190 CONDO 142
1075 CHANDLER RD $1,975,000 5 4.1 5710 DETACHD 48
16842 ALDER CIR $4,750,000 5 3.2 5144 DETACHD 68

SOLD  (Sept 21-27, 2015)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #51 $90,000 $90,000 1 1 666 CONDO 9
668 MCVEY AVE Grnd $199,900 $189,500 2 1.1 976 CONDO 73
3864 BOTTICELLI ST Main $189,000 $197,000 2 1.1 1132 CONDO 3
200 BURNHAM RD #305 $269,900 $249,900 2 2 1328 CONDO 46
4097 JEFFERSON PKWY $259,000 $260,000 2 2.1 1359 CONDO 6
17872 PILKINGTON RD $254,900 $265,100 3 2 1056 DETACHD 30
17766 MARYLCREEK DR $769,000 $720,000 4 3.1 4439 DETACHD 68
5635 BAY CREEK DR $799,900 $800,000 4 2.1 3036 DETACHD 10
5484 WESTFIELD CT $795,000 $816,000 4 2.1 3062 DETACHD 3
1189 SUNNINGDALE CT $849,000 $831,000 3 2.1 2072 DETACHD 0
815 OAK ST $945,000 $905,000 4 3.1 3709 DETACHD 52
2464 PALISADES CREST DR $1,199,000 $960,000 4 2.1 3897 DETACHD 135
14355 FOSBERG RD $1,100,000 $977,000 5 3.1 5536 DETACHD 0
18347 LOTHLORIEN WAY $1,098,000 $1,000,000 5 3.2 4141 DETACHD 27
17320 LAKE HAVEN DR $1,235,000 $1,100,000 4 3 2703 DETACHD 212
1858 Highland LOOP $1,950,000 $2,350,000 4 4.1 4000 DETACHD

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.

Posted on

Market Activity Sept 14th to 20th, 2015

Wow lots of new listings have hit the market within the week. Among those 27 houses my mother has a new listing that you have just got to check out at 2 Walking woods dr! What a beautiful house.
20 homes are currently in escrow, which means that the fall is shaping up to continue this busy trend.
And 20 closes this last week. Congrats you guys!

Following is the breakdown for you according to RMLS for last week:

New on the Market (Sept 14-Sept 20, 2015)

Address Type Price Bedrooms Bathrooms Sqft
16250 PACIFIC HWY #54 CONDO 154,900 1 1 841
4405 THUNDER VISTA LN CONDO 275,000 2 2.5 1922
235 CERVANTES CONDO 329,000 2 2 1100
12802 BOONS FERRY RD CONDO 339,000 3 2.5 1454
4226 WOODSIDE CIR ATTACHED 339,900 3 2 1578
14752 DAVIS LN ATTACHED 445,000 3 2.5 1954
55 NORTHSHORE RD #4 CONDO 474,500 2 2 1554
17280 WESTVIEW DR DETACHED 487,000 3 3 2324
9 FALSTAFF ST DETACHED 509,000 4 2.5 2436
5063 CENTERWOOD ST DETACHED 519,000 4 3 2094
1273 ROCKINGHORSE LN DETACHED 575,000 3 2.5 2192
2215 FERNWOOD CIR DETACHED 599,000 4 3 2640
2 WALKING WOODS DR DETACHED 629,000 4 3 4116
15837 ALLISON PL DETACHED 679,000 4 2.5 3534
37 DA VINCI ST DETACHED 699,900 4 2.5 2152
17440 BLUE HERON RD DETACHED 719,000 3 3 2549
17433 BROOKHURST DR DETACHED 749,000 5 4.5 4002
14113 AMBERWOOD DIR DETACHED 749,000 4 2.5 3514
599 7TH ST DETACHED 800,000 4 3 2468
17454 CANAL CIR DETACHED 805,000 3 2.5 2475
5440 SOUTHWOOD DR DETACHED 809,000 4 2.5 3470
637 3RD ST ATTACHED 837,000 3 2.5 2643
625 3RD ST ATTACHED 837,000 3 2.5 2643
5051 LAKEVIEW BLVD DETACHED 949,800 4 3.5 3355
4112 ORCHARD WAY DETACHED 950,000 5 4 4190
4120 CANAL RD DETACHED 1,150,000 4 3.5 4104
2445 GLENMORRIE DR DETACHED 1,385,000 5 5 5106

Pending Sales (Sept 14-Sept 20, 2015)

Address Type Price Bedroom Bathrooms DOM
100 KERR PKWY CONDO 144,900 2 2 3
86 KINGSGATE RD D105 CONDO 159,900 2 2 5
17 CRESTFIELD CT CONDO 163,000 2 1 0
5052 FOOTHILLS DR F CONDO 220,000 3 2 2
4343 BEASLEY WAY DETACHED 250,000 2 2 7
1638 BOCA RATAN DR ATTACHED 269,500 3 1.5 19
1325 BONNIEBRAE DR ATTACHED 274,900 3 2 2
18561 SW KRISTI WAY DETACHED 349,000 3 2.5 1
18690 DON LEE WAY DETACHED 350,000 3 2 8
25 ORIOLE LN DETACHED 439,975 3 2 32
39 NOVA CT DETACHED 539,000 4 2.5 4
4403 OAKRIDGE RD ATTACHED 539,000 3 2.5 0
4926 MULHOLLAND DR ATTACHED 550,000 3 2.5 1
207 EVERGREEN DR ATTACHED 582,000 3 3.5 37
13265 FOX RUN DETACHED 625,000 4 2.5 3
49 BRIARWOOD RD DETACHED 650,000 3 2 5
240 MARYLVIEW CT DETACHED 739,000 4 2.5 24
17766 MARYCREEK DR DETACHED 749,000 4 3.5 68
13084 KNAUS RD DETACHED 799,000 4 2.5 45
1874 GLENMORRIE TER DETACHED 850,000 3 3 295

Sold/Closed  (Sept 14-Sept 20, 2015)

Address Type List Price Close Price Sqft DOM
47 EAGLE CREST DR #14 CONDO 100,000 87,500 666 105
44 EAGLE CREST DR #10 CONDO 93,900 90,000 798 56
4045 JEFFERSON PKWY CONDO 230,000 230,000 1182 3
5061 FOOTHILLS DR E CONDO 209,900 231,500 991 3
4433 THUNDER VISTA LN CONDO 274,900 278,000 1980 50
39 CONDOLEA CT CONDO 375,000 347,500 2198 39
147 KINGSGATE RD DETACHED 349,900 350,600 1120 20
523 2ND ST #105 CONDO 489,000 459,000 1208 20
13951 SHIREVA CT DETACHED 499,900 489,000 2185 117
1161 UPPER DEVON LN DETACHED 560,000 525,000 2265 420
18121 PIONEER CT DETACHED 550,000 550,000 2310 5
4004 MELISSA DR DETACHED 625,000 600,000 2865 133
1545 CLOVERLEAF RD DETACHED 640,000 600,000 2723 37
18117 WESTMINSTER DR DETACHED 675,000 690,000 3233 1
13852 AMBERWOOD CIR DETACHED 775,000 740,000 3032 17
14360 UPLANDS DETACHED 849,000 837,000 2577 31
3950 EDENS EDGE DR DETACHED 1,149,850 1,075,000 4427 45
3967 CANAL RD DETACHED 1,199,800 1,100,000 3875 36
400 D AVE DETACHED 1,239,000 1,150,000 4000 22
401 9TH ST DETACHED 1,590,000 1,275,000 4288 138

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.