News & Notes

The latest real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are in.  It shouldn’t come as a surprise that numbers are up for 2014. December saw some customary slowing from November, but overall, the year’s totals look pretty darned good.

According to the RMLS Market Action Report for the Portland Metro Area, December, 2014:

  • At 2,239, December Closed Sales rose 15.6% over the month prior, and were up a full 25.6% from December of 2013’s 1,782.
  • December Pending Sales (accepted offers), at 1,667were down quite a bit…20.3%  from the month prior (which is somewhat understandable during the holidays).  That said, the Pending sales are up a full 12.3% over December 2013‘s 1,484.
  • There were 1,540 New Listings in December which was 19.9% down from November, but up 15.5% from December of 2013’s 1,333.
  • The Average Sale Price in December of $331,600 was down $4,400 from the month prior. The year 2014 finished with an Average Sale Price of $333,000, which is up 7.2% over 2013‘s finishing number which was $310,600.

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The combined areas of Lake Oswego and West Linn  for the month of December 2014 reported:

    • 348 Active Listings
    • 79 New Listings
    • 81 Pending Sales  (up 6.6% over December 2013)
    • 117 Closed Sales
    • An Average Sale Price for December of $512,500.
    • Average Sale Price for Year to Date (so…2014) of $527,500. (up 9.5% over 12 month rolling average in 2013)
    • Average Time on the Market: 105 Days

Market Activity ~ Jan 12-18, 2015

Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 13 move to Pending status, and 9 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 12-18, 2015)

Address List Price # Beds # Baths Total SF Prop Type
2707 SOUTHSHORE BLVD $1,485,000 3 3.1 3122 DETACHD
1059 BAYBERRY RD $1,399,950 4 3.1 3456 DETACHD
1422 ASH ST $337,500 4 3 2583 DETACHD
48 SPINOSA $462,500 3 2.1 2848 DETACHD
2762 VALE CT $630,000 4 3 2709 DETACHD
3877 TEMPEST DR $690,000 4 2.1 3237 DETACHD
507 ASH ST $980,000 2 3.1 3000 DETACHD
16200 PACIFIC HWY #21 $269,000 2 2 1190 CONDO
16200 Pacific Hwy #24 $269,000 2 2 1190 CONDO
19415 SYCAMORE AVE $549,900 4 2 1584 DETACHD
5695 WASHINGTON CT $349,900 3 2 1769 DETACHD
4261 COBB WAY $595,000 3 3 2362 DETACHD
1 SW CRESTFIELD CT LWR $95,000 1 1 689 CONDO
18418 OLD RIVER LNDG $1,895,000 4 3.2 5204 DETACHD
1034 CEDAR ST $799,500 4 3.1 2895 DETACHD
48 EAGLE CREST DR #1A $250,000 3 2.2 1550 CONDO
321 5TH ST $799,000 4 3.1 2800 DETACHD
12448 ORCHARD HILL RD $650,000 4 3 3336 DETACHD

PENDING SALES (Jan 12-18, 2015)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4636 AUBURN LN $485,000 3 3.1 2732 ATTACHD 118
4080 COLTSFOOT LN $525,000 4 2.1 2884 DETACHD 0
526 S STATE ST $167,500 2 1 914 CONDO 92
4630 WILDWOOD ST $464,900 3 2 2067 DETACHD 83
15885 WHITE OAKS DR $625,000 4 2.1 2802 DETACHD 36
2 PIMLICO TER $500,000 4 2.1 2301 DETACHD 83
568 9TH ST $925,000 3 3.1 2825 DETACHD 43
47 ORIOLE LN $385,000 3 2.1 1958 DETACHD 123
12830 ALTO PARK RD $939,000 4 3.1 3478 DETACHD 330
1460 GREENTREE CIR $399,900 3 2 1791 DETACHD 3
1008 SPRUCE ST $535,000 3 2.1 1765 DETACHD 6
123 CONDOLEA DR $375,000 3 3 2143 CONDO 153
324 4TH ST $450,000 2 2.1 1731 ATTACHD 4

SOLD  (Jan 12-18, 2015)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
1228 OAK ST $399,950 $402,000 3 2 1603 DETACHD 4
18951 INDIAN SPRINGS CIR $449,900 $465,000 5 3 2865 DETACHD 3
18650 TUALATA AVE $700,000 $735,000 4 4 3196 DETACHD 261
86 KINGSGATE RD #G203 $144,900 $132,000 2 2 849 CONDO 77
179 FURNACE ST $1,698,000 $1,590,000 3 3.1 4784 CONDO 47
16250 PACIFIC HWY #76 $345,000 $180,000 3 2 1767 CONDO 122
754 5TH ST $770,000 $755,000 3 3 2179 DETACHD 91
86 KINGSGATE RD #H102 $136,900 $127,500 2 2 849 CONDO 29
706 5TH ST $300,000 $417,500 4 2 1824 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.

Market Activity Jan 5-11, 2015

Now that the New Year has gotten off to a pretty good start and we are eagerly looking forward to spring market, lets have a look see at some of our new inventory! As well as many of our pending sales. Looks like condos are doing well! Word on the street (beautiful Lake Oswego streets that is!) that this spring term is shaping up to looking pretty full of activity!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 05-11, 2015)

Address Type Price Bedrooms Bathrooms Sqft
16351 PACIFIC HWY DETACHED 339,900 3 3 1754
578 2ND ST #6 CONDO 425,000 2 2.5 1394
4909 LOWER DR DETACHED 425,000 4 2.5 1992
1033 SPRUCE ST DETACHED 495,000 2 2.5 1562
808 ELLIS AVE DETACHED 514,900 3 2.5 2108
751 BRIERCLIFF LN DETACHED 528,950 4 3 2534
1008 SPRUCE ST DETACHED 535,000 3 2.5 1765
18495 TAMAWAY DR DETACHED 548,000 4 2.5 2680
1119 OAK ST DETACHED 549,900 4 2.5 2123
1011 SPRUCE ST DETACHED 565,000 3 2.5 1930
8 DEL PRADO ST DETACHED 599,900 5 3 3548
19242 INDIAN SPRINGS RD DETACHED 749,900 4 2.5 3365
13643 MELROSE PL DETACHED 839,900 4 4 4146

PENDING SALES (Jan 05-11, 2015)

Address Type Price Bedroom Bathrooms Sqft DOM
47 EAGLE CREST DR #40 CONDO 89,500 1 1 696 51
6 CERVANTES CIR CONDO 139,500 2 1.5 912 77
4077 JEFFERSON PKWAY CONDO 234,500 2 2.5 1462 24
1803 BOCA RATAN DR ATTACHED 297,000 3 2.5 1739 44
18275 TERRY CT DETACHED 309,000 3 1.5 1270 228
6138 SW KENNY ST DETACHED 314,000 3 1.5 1190 5
6101 HARRINGTON AVE DETACHED 364,000 3 2.5 1400 62
852 5TH ST DETACHED 379,000 2 1 738 34
3554 TEMPEST DR DETACHED 449,007 3 2.5 2279 4
17190 ROBB PL DETACHED 450,000 4 3 1896 54
1560 LABURNUM WAY DETACHED 499,900 3 2 1773 1
3254 DUNCAN DR DETACHED 499,999 4 3.5 3997 499
12 SCARBOROUGH DR DETACHED 499,999 4 2.5 2943 187
14353 HOLLY SPRINGS RD CONDO 525,000 4 3 2238 129
909 LAKE FRONT RD DETACHED 565,000 4 3 2916 481
3700 MARQUIS CT DETACHED 919,900 4 2.5 4251 69

SOLD (Jan 05-11, 2015)

Address Type List Price Close Price Sqft DOM
4619 LAKEVIEW BLVD D-3 CONDO 92,000 91,500 753 28
86 KINGSGATE RD C203 CONDO 139,500 139,500 924 4
4000 CARMAN DR #5 CONDO 145,000 145,500 1361 4
4089 JEFFERSON PKWY CONDO 199,950 207,500 1361 8
5344 TUALATA CT DETACHED 349,355 344,927 1263 45
571 2ND ST CONDO 589,500 589,500 1561 18
17410 UPPER CHERRY LN DETACHED 898,000 725,000 4586 141
3100 WESTVIEW CT DETACHED 929,000 880,000 3750 17

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Market Activity ~ Dec 15-21, 2014

Yes, real estate is happening  : )

Here is your Latest Market Data: Last week in Lake Oswego we saw 5 New properties enter the market, 9 move to Pending status, and 13 “Closed”/Sold!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 15-21, 2014)

Address List Price # Beds # Baths Total SF Prop Type
490 BOCA RATAN DR $519,000 3 2 2023 DETACHD
6459 FROST ST $529,000 4 2.1 2627 DETACHD
3433 MCNARY PKWY #203 $150,000 2 1.1 1008 CONDO
3009 WEMBLEY PARK RD $598,500 4 2.1 1704 DETACHD
Highlands LOOP $2,195,000 4 4.1 5579 DETACHD

PENDING SALES (Dec 15-21, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3986 CARMAN DR $204,900 2 2.1 1107 CONDO 58
3100 WESTVIEW CT $929,000 4 3.1 3750 DETACHD 17
18375 RIVER EDGE LN $897,950 4 2.1 3400 DETACHD 27
17138 CEDAR RD $1,495,000 3 3.1 3017 DETACHD 89
2131 WEMBLEY PARK RD $539,000 4 2.1 3228 DETACHD 188
12810 ALTO PARK RD $964,000 5 3.1 3834 DETACHD 97
820 FAIRWAY RD $1,189,000 4 3.1 3758 DETACHD 331
555 COUNTRY CLUB RD $625,000 3 3 2133 DETACHD 159
169 OSWEGO SMT #169 $100,280 2 2 1330 CONDO 63

SOLD  (Dec 15-21, 2014)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
17547 CHERRY CT $1,225,000 $978,850 4 3.1 3737 DETACHD 337
19354 LORNA LN $950,000 $1,049,888 5 3.1 4169 DETACHD 403
16987 ALDER CIR $395,950 $400,000 3 2 1713 DETACHD 4
16990 LOWER MEADOWS DR $369,900 $374,900 3 2.1 2000 DETACHD 2
37 CHURCHILL DOWNS $470,000 $475,000 3 2.1 2372 DETACHD 4
4724 FIRWOOD RD $329,000 $325,000 3 1.1 1240 DETACHD 5
21 SUMMIT RIDGE CT $339,000 $332,000 2 2.1 1654 ATTACHD 16
200 BURNHAM RD #211 $385,000 $317,000 3 2 1862 CONDO 85
2341 STONEHURST CT $659,000 $659,000 4 2.1 3389 DETACHD 2
1531 BOCA RATAN DR $289,000 $277,000 3 2 1755 ATTACHD 57
804 2ND ST $505,000 $400,000 4 3 2224 ATTACHD 50
17619 Potters RD $575,000 $575,000 4 2.1 2665 DETACHD 9
2612 RIVENDELL RD $799,000 $730,000 4 3 3168 DETACHD 93

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Market Activity Dec 1-7, 2014

As much as there is a myth that houses don’t sell during the holidays, last week’s market activity shows that it is, in fact, a myth. In Lake Oswego there were 12 new listings, 9 homes that became pending sales, and 16 homes that became closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 1-7, 2014)

Address Type Price BR Bths SF
86 Kingsgate Rd H102 Condo $136,900 2 2 849
4000 Carman Dr #23 Condo $156,500 2 2 866
210 State St Condo $175,000 2 1 1284
4089 Jefferson Pkwy Condo $199,950 2 2.5 1361
852 5th St Detached $379,000 2 1 738
6 Gershwin Ct Detached $379,000 5 3 2416
4504 Wildwood St Detached $399,000 3 2 1655
17251 Greentree Ave Detached $414,950 4 2.5 2728
13721 Regency Ct Detached $509,500 3 2.5 2311
14372 Camden Ln Detached $519,900 3 2.5 2348
2286 Wembley Park Rd Detached $774,999 3 3 2000
3100 Westview Ct Detached $929,000 4 3.5 3750
18024 Eastridge Ln Detached $1,498,800 4 3.5 4526

Pending Sales (Dec 1-7, 2014)

Address Type Price BR Baths SF DOM
18 Oswego Summit Condo $54,900 1 1 764 176
15938 Quarry Rd 1A Condo $149,000 2 1 991 8
6360 McEwan Detached $319,888 3 1.5 1450 53
5344 Tualata Ct Detached $339,827 3 2 1283 45
16987 Alder Circle Detached $395,950 3 2 1713 4
1868 Kilkenny Dr Detached $535,000 3 2.5 2300 83
754 5th St Detached $755,000 3 3 2179 91
18224 Bella Terra Dr Detached $1,195,000 4 3.5 4050 146
1968 Cheryl Ct Detached $1,495,000 4 4.5+.5+.5 6153 11

Sold/Closed (Dec 1-7, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4 Touchstone #76 Condo $124,000 $119,000 984 43
98 Oswego Summit Condo $146,000 $136,000 1140 152
4470 Chapman Way Detached $360,000 $347,500 2125 174
528 2nd St Attached $439,500 $428,000 1,703 16
377 Livingood Ln Detached $400,000 $429,000 2409 3
5978 Fernbrook Circle Detached $449,900 $442,000 1612 12
1765 Conifer Dr Detached $475,000 $448,000 2330 127
201 Ridgeway Rd Detached $589,000 $589,000 2327 86
17601 Woodhurst Pl Detached $675,000 $650,000 3179 80
3075 Tolkien Ln Detached $649,000 $660,000 2667 9
4090 Westbay Rd Detached $749,900 $719,000 2078 59
14144 Goodall Rd Detached $849,000 $765,000 3499 298
15444 Boones Way Attached $850,000 $820,000 3464 4
841 Northshore Rd Detached $949,850 $865,000 2388 140
925 Iron Mountain Blvd Detached $1,119,000 $1,020,000 3555 119
907 Terrace Dr Detached $1,795,000 $1,900,000 6919 572

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.

Giving

DonateWe’re all focusing on the holidays right now and all that goes along with that, so I thought it might be a good idea to take a look at things we might be wanting to include on our to-do lists & consider taking care of before the end of the year. Namely…Giving!  This is the Celebrating & Giving time of year, and, many want to think ahead about tax time as well.  If you’re going to give anyway…. this is definitely the time to do it!

Here are some worthy ideas for your consideration:

  • In the community of Lake Oswego, there are many organizations doing fantastic work. Click Here for information on a variety of Lake Oswego-based non-profits that could use your help.
  • Here’s a great resource  site to help yopu evaluate the most worthy recipients of your donations based on their research:  The Portland “Give Guide”
  • One of the things that sets Lake Oswego apart is its committment to the arts, and the availability and visibility of art all through the year and on its very streets. If art is important to you, consider donating to the Arts Council.
  • Speaking of giving, I know from my days in a Lake Oswego Schools Booster Club, that every community has needy families.  Some of your kids’ friends may very well have parents who’ve lost a job, or are in some sort of upheaval and wondering how they’re going to be able to pay their bills let alone create a semi normal-feeling holiday for their household .  Your favorite local school probably has names of families in need. Give a call to the school of your choice and think about donating a holiday roast or turkey, or just dropping off a few gifts.  The school counselor usually knows just what to do with this kind of generosity, and you’ll know you really made a difference for some needy family in your own neighborhood.
  • If animals are near and dear to your heart, there are lots of options for donating.  The Oregon Humane Society is an obvious choice, and/but some smaller outfits that take up the slack and don’t have quite the visibility of the OHS would be heart-warmed to receive your donation.  One that is recommended to me by someone in the know is the Family Dogs New Life Shelter. It is a no-kill shelter that does excellent work.
  • Lake Oswego’s Tryon Creek is such a treasure to the community. If nature and its continued availability in communities, and specifically Lake Oswego, is important to you, consider donating to Friends of Tryon Creek.

There are so many great choices, I thought I’d highlight just a few and give you some links to resources that offer many options. Enjoy your holidays, and the Joys that come with the season!

 

Market Activity ~ Nov 24-30, 2014

snowflake_lgGreetings, Property Blotter readers!  OK, will go out on a limb and say that things are slowing down a bit.  I call this the Holiday Black Hole : )  I do business this time of year every year because people either Buy or Sell for so many reasons… most not having to do with the weather… and time of year often plays into the desire to accomplish something (by moving) at or around the time of the turn of the year.  Anyway, I decided that for myself a long time ago, and so it is ; ) But most people take their minds off real estate at this time of year and put them on family, friends, and the things that really matter in Life…  some of us just have “dual duty” in helping to make changes that house the family and friends that we Love, while decorating and toasting with Loved ones all at once!  …and that’s plenty of fun too.

Here is your Latest Market Data: Last week in Lake Oswego we saw 9 New properties enter the market, 10 move to Pending status, and 8 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Nov 24-30, 2014)

Address List Price # Beds # Baths Total SF Prop Type
5275 OAKRIDGE RD $349,900 3 1 1267 DETACHD
5590 KILCHURN AVE $624,900 4 2.1 2472 DETACHD
13070 BOONES FERRY RD $549,000 3 1 1864 DETACHD
910 FAIRWAY RD $1,098,000 4 3.1 3384 DETACHD
34 DEL PRADO ST $569,950 4 3 3120 DETACHD
1075 OAK TER $355,000 3 2 1356 DETACHD
66 GALEN ST (Upper) $109,500 1 1 689 CONDO
2234 FERNWOOD CIR $545,000 4 3 2975 DETACHD
2109 WEMBLEY PARK RD $819,000 5 3 3154 DETACHD

PENDING SALES (Nov 24-30, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
18951 INDIAN SPRINGS CIR $449,900 5 3 2865 DETACHD 3
1744 FERN PL $599,000 4 2.1 2110 DETACHD 10
59 GALEN ST (Lower) $94,900 1 1 550 CONDO 22
831 4TH ST $525,000 3 1.1 2240 DETACHD 20
100 KERR PKWY #11 $95,000 1 1 617 CONDO 282
19211 TERRY AVE $370,000 4 2 1872 DETACHD 9
5048 TREE ST $310,000 3 1.1 1232 DETACHD 7
12819 ALTO PARK RD $1,038,500 4 4.1 3944 DETACHD 8
1045 BULLOCK ST $568,000 3 2.1 2105 DETACHD 11
5726 CHARLES CIR $696,500 4 3.1 3173 DETACHD 104

SOLD  (Nov 24-30, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3061 DORIS CT $449,000.0 $420,000.0 5 2 2684 DETACHD 68
87 OSWEGO SMT (Lower) $119,000.0 $79,000.0 2 1.1 1116 CONDO 125
16342 IVY LN $699,900.0 $645,000.0 5 3.1 4645 DETACHD 57
137 KINGSGATE RD $446,000.0 $449,000.0 3 2.1 2372 DETACHD 2
13327 ATWATER LN $895,000.0 $840,000.0 3 2 3004 DETACHD 220
6243 SW DAWN ST $314,000.0 $302,500.0 3 1.1 1254 DETACHD 89
4 TOUCHSTONE #110 $149,000.0 $145,000.0 2 2 989 CONDO 85
18936 BRYANT RD $749,900.0 $670,000.0 4 4 4100 DETACHD 189

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 November 17th to the 23rd

Looks like things aren’t slowing down even in the late fall. We have twelve brand new listings here in Lake Oswego, fourteen pending properties, and seventeen sold homes! Looks like this is a very busy start to the holidays.

Following is the breakdown for you according to RMLS:

New on the Market (Nov 15-23, 2014)

Address Type Price Bedrooms Bathrooms Sqft 47 EAGLE CREST DR #40 CONDO 89,500 1 1 696 4 TOUCHSTONE #78 CONDO 164,900 3 2.5 1351 1803 BOCA RATAN DR ATTACHED 297,000 2 2.5 1739 5048 TREE ST DETACHED 310,000 3 1.5 1232 16470 BRYANT RD DETACHED 324,900 3 2 2024 19211 TERRY AVE DETACHED 370,000 4 2 1872
6435 FROST ST DETACHED 529,000 4 2.5 2627 17850 PILKINGTON RD DETACHED 585,000 3 2.5 3222 197 FURNACE ST S 3s CONDO 699,000 2 2.5 2091 18375 RIVER EDGE LN DETACHED 897,950 4 2.5 3404 1874 GLENMORRIE TER DETACHED 939,000 3 3 3858 19320 LORNA LN DETACHED 1,100,000 4 3.5 4192

Pending Sales (Nov 17-23, 2014)

Address Type Price Bedroom Bathrooms Sqft DOM 4619 LAKEVIEW BLVD D-3 CONDO 92,000 1 1 753 28 43 CRESTFIELD CT CONDO 107,500 2 1 923 27 98 OSWEGO SMT CONDO 129,900 2 2 1140 152 7140 SW CHILDS RD DETACHED 275,000 3 1 2032 149 16442 SW KIMBALL ST DETACHED 350,000 3 1 1200 45 17520 REDFERN AVE DETACHED 350,000 3 2 1776 11
16998 GREENTREE AVE DETACHED 393,500 4 2.5 2392 161
17225 CHAPIN WAY DETACHED 395,000 3 2 2257 119
1318 LAUREL ST DETACHED 439,900 3 2.5 1649 2
47 DA VINCI ST DETACHED 475,000 3 2.5 2445 112
17821 HILLSIDE WAY DETACHED 589,000 4 3.5 3442 44
571 2ND ST CONDO 589,500 2
2 1561 18 531 LAUREL ST DETACHED 649,900 4 3.5 2771 212 15444 BOONES WAY ATTACHED 850,000 3 2.5 3464 4

Sold/Closed (Nov 17-23, 2014)

Address Type List Price Close Price Sqft DOM 44 EAGLE CREST DR #15 CONDO 89,900 85,000 798 197 272 CERVANTES CONDO 139,900 127,000 1209 234 45 EAGLE CREST DR #409 CONDO 155,000 153,000 1214 4 18543 DON LEE WAY DETACHED 260,000 250,000 924 49 5326 W SUNSET DR DETACHED 259,900 259,900 754 3 16200 PACIFIC HWY #35 CONDO 299,000 275,000 1208 268
92 GREENRIDGE CT #92 ATTACHED 348,000 335,000 1980 14
475 8TH ST DETACHED 375,000 365,000 960 0
20 AQUINAS ST DETACHED 410,000 385,000 1814 33
1530 LARCH ST DETACHED 469,000 439,875 2384 22
886 9TH ST DETACHED 465,000 450,000 860 3
132 MIDDLECREST RD DETACHED 495,000 495,000 1617 0
4125 WOLF BERRY CT DETACHED 529,900 529,000 2824 1
13639 TWIN CREEK LN DETACHED 675,000 650,000 3202 87
2335 OSWEGO GLEN CT DETACHED 995,000 850,000 3932 167
14122 GOODALL RD DETACHED 969,000 930,000 4530 331
678 8 ST DETACHED 1,050,000 1,050,000 2900 1
16650 FIR LN DETACHED 1,279,000 1,200,000 3860 57

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 Nov 10-16, 2014

Last week in Lake Oswego had some interesting data. There were 11 new listings, 22 pending sales, and just 8 closed sales. What I find interesting is the large number of pendings compared to the new listings. It’s obvious that those who are in the mood to buy want to move in before Christmas, and those who want to sell are not is no much of a hurry with the holidays at hand. Also of note is the short market time of the pending sales. This next week or two will be a good time to list a home for sale to take advantage of the pre-holiday rush.

Following is the breakdown for you according to RMLS:

New on the Market (Nov 10-16, 2014)

Address Type Price BR Bths SF
13188 Vermeer Dr Detached $450,000 3 2.5 1854
17190 Robb Pl Detached $450,000 4 3 1896
16201 Lake Forest Blvd Detached $464,900 3 2.5 2780
17380 Canyon Dr Detached $550,000 4 2.5 2526
1045 Bullock St Detached $568,000 3 2.5 2105
1744 Fern Pl Detached $599,000 4 2.5 2110
1607 Pine St Detached $599,960 4 2.5 2943
12511 Shelby Ct Detached $649,900 5 3.5 3675
1785 Palisades Terrace Dr Detached $799,000 5 4.5 5052
15444 Boones Way Attached $850,000 3 2.5 3464
12975 Elk Rock Rd Detached $1,000,000 5 3.5 3878

Pending Sales (Nov 10-16, 2014)

Address Type Price BR Baths SF DOM
4610 Lower Dr Condo $114,900 2 1.5 1260 46
4636 Lower Dr B-1 Condo $128,000 2 1.5 1170 9
86 Kingsgate Rd C203 Condo $139,500 2 2 924 4
3826 Botticelli St Condo $174,900 2 2 1055 56
113 Touchstone Terr Attached $293,000 3 2.5 2104 5
16875 Tracy Ave Detached $299,900 4 2 1825 114
706 5th St Detached $300,000 4 2 1824 16
4724 Firwood Rd Detached $329,000 3 1.5 1240 5
21 Summit Ridge Ct Attached $339,000 2 2.5 1654 16
1437 Oak St Detached $349,000 3 1 1070 4
6101 Harrington Ave Detached $359,000 3 2.5 1400 5
16266 Lake Forest Blvd Detached $369,900 3 2 1860 146
1878 Mapleleaf Rd Detached $395,000 3 1.5 1347 41
5978 Fernbrook Circle Detached $449,900 4 2.5 1612 12
205 Hidalgo St Detached $459,900 3 3.5 3032 131
37 Churchill Downs Detached $470,000 3 2.5 2372 4
12 Scarborough Dr Detached $525,000 4 2.5 2943 139
2671 Glen Eagles Rd Detached $850,000 3 3 4019 179
17547 Cherry Ct Detached $998,850 4 3.5 3737 337
19354 Lorna Ln Detached $1,049,988 5 3.5 4169 403
14084 Goodall Rd Detached $1,195,000 5 5.5 5399 73
3140 Childs Rd Detached $1,695,000 5 5.5 6449 298

Sold/Closed (Nov 10-16, 2014)

Address Type List Price Closed Price Sq Ft CDOM
94 Oswego Summit Condo $123,500 $117,500 1140 2
6928 Montauk Circle Condo $125,000 $125,000 960 21
5959 Dove Ct Detached $379,900 $380,000 1552 6
6158 Frost Ln Detached $464,900 $460,000 2,109 32
16942 Cherry Crest Dr Detached $475,000 $465,000 2363 28
4726 Cambridge Ct Attached $595,000 $581,000 2865 9
14220 Bridge Ct Detached $750,000 $689,000 3419 37
3411 Lake Grove Ave Detached $999,999 $1,000,000 4434 177

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.