Market Activity 2/24/14-3/2/14

Here is your Latest Market Data: Last week in Lake Oswego we saw 17 New properties enter the market, 20 move to Pending status, and 22 “Closed”/Sold.

Of note: there is a new listing on Minnehaha Ct. Who doesn’t want to live on Minnehaha Ct? Love that street name.

Following is the breakdown according to RMLS:

NEW on MKT (Feb 24-Mar 2, 2014)

Address Type Price BR Bths SF
100 Kerr Pkwy #52 Condo $70,000 1 1 617
116 Oswego Summit #116 Condo $147,000 2 2 1140
16250 Pacific Hwy #61 Condo $229,900 2 2 1305
6132 Minnehaha Ct Detached $259,900 3 1.5 1232
100 Leonard St 2-1 Condo $349,000 2 2 1364
16775 Westview Dr Detached $375,000 3 2.5 1830
562 2nd St Condo $379,900 2 2.5 1302
17270 Bryant Rd Detached $384,900 4 3 2619
3352 Tempest Dr Detached $524,500 4 2.5 2564
5206 Royal Oaks Dr Detached $525,000 5 3.5 3038
1012 Andrews Rd Detached $574,900 3 2 2143
15254 Candlewood Ct Detached $629,900 5 3 2968
17350 Canyon Dr Detached $669,000 4 3.5 3488
140 Furnace St Detached $799,000 3 3.5 3633
639 Carrerea Ln Detached $939,000 5 3.5 4305
17442 Ridgeview Ln Detached $1,375,000 4 3.5+.5 5036
1870 Twin Points Rd Detached $2,399,000 5 4 4480

PENDING SALES (Feb 24-Mar 2, 2014)

Address Type Price BR Baths SF DOM
88 Oswego Summit Condo $90,000 1 1 764 238
48 Eagle Crest Dr 4A Condo $134,900 2 2 1489 101
97 Oswego Summit Condo $135,000 2 2 1212 2
4 Touchstone #128 Condo $154,900 3 2.5 1350 39
668 McVey Ave #45 Condo $170,000 2 1 836 229
18148 Belmore Ave Detached $285,500 3 1 1008 5
16915 Inverurie Rd Detached $289,950 3 2 1185 15
17653 Mardee Ave Detached $340,000 3 2 1742 25
383 Ash St Detached $349,900 3 2.5 1697 2
5079 W Sunset Dr Attached $365,000 2 2.5 1760 10
2697 Lookout Ct Detached $419,000 3 2 2219 5
4216 Albert Circle Detached $459,000 3 2 2130 17
1287 Rockinghorse Ln Detached $468,900 3 2 1686 224
13378 Peters Rd Detached $449,000 3 2.5+.5 2355 194
18042 Jenifers Way Detached $639,950 5 3 2946 6
17485 Brookhurst Dr Detached $765,000 4 3.5 4550 4
13537 Fielding Rd Detached $895,000 4 3.5 4188 219
18430 Tamaway Dr Detached $899,900 4 2.5+.5 3902 202
14070 Goodall Rd Detached $1,195,000 4 3.5+.5 4525 12
316 Ridgeway Rd Detached $1,225,000 4 3 3877 29

SOLD (Feb 24-Mar 2, 2014)
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Address Type List Price Closed Price Sq Ft CDOM
10 Cervantes Circle Condo $125,000 $112,000 912 18
3894 Botticelli St Condo $184,900 $174,750 1132 68
6321 Alyssa Terr Attached $275,000 $275,000 1546 5
17 Greenridge Ct Attached $275,000 $275,000 1,900 7
1733 Kilkenny Rd Detached $349,900 $305,699 1654 219
18011 Tualata Ave Detached $330,000 $330,000 1482 4
4256 Country Woods Ct Detached $338,950 $346,000 1560 1
5077 W Sunset Dr Attached $359,000 $352,000 1720 143
18341 Fernbrook Ct Detached $369,999 $369,999 1872 75
87 Ash St Detached $399,900 $379,000 2442 227
572 2nd St Attached $379,900 $379,000 2442 3
15481 Tanager Dr Detached $439,000 $395,000 2064 143
2710 Greentree Rd Detached $424,500 $400,000 3172 11
1491 Koawood Dr Detached $489,900 $485,000 2510 29
4002 Tempest Dr Detached $539,900 $530,000 4319 8
15956 Parker Rd Detached $579,900 $570,000 3200 11
5004 Woodcrest Ln Detached $589,900 $589,900 2523 73
18994 Bryant Rd Detached $699,000 $644,000 3146 454
18325 River Edge Ln Detached $919,000 $850,000 4115 84
2607 Palisades Crest Dr Detached $989,000 $912,000 5650 0
112 Northshore Circle Detached $1,550,000 $1,475,000 3632 331
110 Northshore Rd Detached $2,650,000 $2,550,000 5232 1

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 ~ Feb 17-23, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 16 New properties enter the market, 11 move to Pending status, and 5 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (Feb 17-23, 2014)

Address List Price # Beds # Baths Total SF Prop Type
200 BURNHAM RD #406 $214,500 2 1 1199 CONDO
16250 PACIFIC HWY #56 $285,000 2 2 1305 CONDO
18148 BELMORE AVE $285,500 3 1 1008 DETACHD
13 SAINT HELENS CIR $364,900 3 2.1 2022 DETACHD
639 2ND ST $365,000 2 2 1457 ATTACHD
2697 LOOKOUT CT $419,000 3 2 2219 DETACHD
6151 SUMMER WOODS $499,000 4 3 2520 DETACHD
4 CAMELOT CT $534,900 5 3 3344 DETACHD
5431 BONITA RD $569,000 4 3 2784 DETACHD
5101 SW DAWN AVE $574,000 5 3 2700 DETACHD
2302 OVERLOOK DR $579,000 4 2.1 3125 DETACHD
17838 MARYLCREEK DR $800,000 4 3.1 4317 DETACHD
12820 ALTO PARK RD $939,000 4 3.1 3478 DETACHD
ASH ST $980,000 4 3.1 3000 DETACHD
14005 GOODALL RD $1,249,000 4 3.1 4825 DETACHD
1780 RIDGECREST DR $3,895,000 4 5.1 5999 DETACHD

PENDING SALES (Feb 17-23, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
14 CRESTFIELD CT $64,900 1 1 550 CONDO 145
86 KINGSGATE RD #E-104 $127,000 2 2 938 CONDO 5
12743 ALTO PARK RD $247,000 2 2 1228 DETACHD 19
17653 MARDEE AVE $340,000 3 2 1742 DETACHD 18
915 BULLOCK ST $435,000 4 3 2986 DETACHD 182
1508 PINE ST $459,000 3 2.1 2300 DETACHD 219
4344 SNOWBRUSH CT $529,000 4 3.1 3422 DETACHD 639
1941 WOODLAND TER $625,000 4 3 3684 DETACHD 266
17632 WOODHURST PL $648,950 5 4.1 4423 DETACHD 200
4540 SW LAMONT WAY $849,950 5 2.1 3555 DETACHD
12840 ALTO PARK RD $979,000 4 3.2 3973 DETACHD 0

SOLD (Feb 17-23, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #123 $139,900 $139,900 3 2.1 1351 CONDO 4
50 CERVANTES CIR #3-B $109,900 $140,000 2 1.1 912 CONDO 10
16 CERVANTES CIR #6-E $149,900 $144,000 2 1.1 912 CONDO 43
4690 LOWER DR $339,900 $329,000 3 2.1 1596 DETACHD 6
5602 SOUTHWOOD DR $498,900 $480,000 4 2.1 2636 DETACHD 103

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

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) numbers:

In the month of January 2014 the Portland area overall is doing rather well, showing the best numbers for New Listings, in particular, since 2007!

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

  • At 1,396, January Closed Sales were down 21.7% from December, and/but 3.9% higher than January 2013.
  • There were 2,583 New Listings in January…nearly doubling over December’s 1,333, and 5.9% higher than January 2013.
  • The Average Sale Price in January was $317,200, up $8,500. from December’s $308,700.
  • January Pending Sales (accepted offers) were 36.6% higher than December, and 6.3% higher than January 2013.

The combined areas of Lake Oswego and West Linn  for January reported:

    • 382 Active Listings
    • 184 New Listings
    • 103 Pending Sales
    • 69 Closed Sales
    • An average Sale Price of $486,600.
    • Average Time on the Market: 106 Days

Market Activity Feb 10-16, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 13 New properties enter the market, 15 move to Pending status, and 11 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MARKET (Feb 10-16, 2014)

Address Type Price BR Bths SF
100 Kerr Pkwy #11 Condo $106,000 1 1 617
86 Kingsgate Rd E-104 Condo $127,000 2 2 938
15001 Boones Way Condo $249,000 3 2 1688
46 Condolea Ct Condo $357,000 3 3 2958
5079 Sunset Dr Attached $365,000 2 2.5 1760
17200 Warren Ct Detached $434,000 4 2.5 2241
1430 Woodland Terr Detached $469,000 5 3 3162
189 Coventry Ct Detached $514,900 3 2.5 1936
1428 Pine St Detached $550,000 3 3.5 2738
17573 Blue Heron Ct Detached $579,900 4 3 2401
737 Country Club Rd Detached $985,000 4 2.5 3250
14070 Goodall Rd Detached $1,195,000 4 3.5+.5 4525
2605 Southshore Blvd Detached $1,445,000 6 4.5 4550

PENDING SALES (Feb 10-16, 2014)

Address Type Price BR Baths SF DOM
3433 McNary Pkwy #206 Condo $124,700 2 2 1008 116
16915 Inverurie Rd Detached $279,950 3 2 1185 1
120 Condolea Dr Condo $337,500 3 3 2958 2
609 Ash St Detached $344,900 4 2 2192 3
146 Del Prado St Detached $399,000 4 3 3263 45
18555 Edgewood Ct Detached $419,900 3 2.5 2380 2
720 8th St Detached $425,000 3 2 1498 2
2400 Park Detached $477,500 4 2.5 1960 3
312 2nd St Attached $480,000 3 3.5 1938 9
4109 Wolf Berry Ct Detached $519,000 4 2.5 2661 88
14232 Meadow Grass St Detached $619,000 4 3 2965 12
17224 Cedar Rd Detached $835,000 3 2 3098 115
878 7th ST Detached $897,000 4 3.5 2858 4
49 Briarwood Rd Detached $950,000 3 2 2412 87
2607 Palisades Crest Dr Detached $989,000 5 4.5 5650 0

SOLD (Feb 10-16, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4000 Carman Dr #103 Condo $125,000 $125,000 818 13
200 Ridgeway Rd Condo $175,000 $168,000 988 33
12894 Boones Ferry Rd Condo $299,000 $290,000 1136 66
5057 Sunset Dr Attached $349,900 $336,000 1,720 32
1230 Hallinan Circle Detached $380,000 $399,000 1822 2
17200 Robb Pl Detached $439,000 $429,000 2218 8
12820 Alto Park Rd Detached $550,000 $430,000 1132 171
14136 Heathrow Ln Detached $699,000 $535,000 2955 624
12840 Alto Park Rd Detached $775,000 $645,000 3632 170
17323 Bergis Farm Dr Detached $1,280,000 $1,235,000 4297 194
4153 Westbay Rd Detached $1,349,000 $1,240,000 3374 193

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 ~ Feb 3-9, 2014

Hello to all our Property Blotter Readers!  Apologies for taking a break during last week’s “Snowpocalypse”  : )  But as usual, we weathered it just fine, and got to enjoy some snow days & down time for a short spell.  Dianne and I were out with our winter tires  though, sloshing & sliding through the snow to keep Inspection Appointments etc.  With all that weather fun, real estate keeps rolling right along (though Open Houses were significantly affected : )

Here is your Latest Market Data: Last week in Lake Oswego we saw 12 New properties enter the market, 19 move to Pending status, and 3 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (Feb 3-9, 2014)

Address List Price # Beds # Baths Total SF Prop Type
12743 ALTO PARK RD $299,500 2 2 1228 DETACHD
17653 MARDEE AVE $349,000 3 2 1742 DETACHD
4216 ALBERT CIR $459,000 3 2 2130 DETACHD
312 2ND ST $480,000 3 3.1 1938 ATTACHD
14113 AMBERWOOD CIR $684,000 4 2.1 3514 DETACHD
15519 VILLAGE DR $699,500 3 2 2274 DETACHD
18982 BRYANT RD $719,900 4 3.1 3438 DETACHD
1640 OAK ST $725,000 4 2.1 3301 DETACHD
630 8TH ST $995,000 4 2.1 2832 DETACHD
3727 UPPER DR $1,000,000 3 3.1 4731 DETACHD
163 IRON MOUNTAIN BLVD $1,429,000 4 3.1 4314 DETACHD
3690 LAKEVIEW BLVD $3,950,000 5 5.1 6366 DETACHD

PENDING SALES (Feb 3-9, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
10 CERVANTES CIR $118,000 2 1.1 912 CONDO 18
13060 Elk Rock RD #A $175,000 1 1 502 DETACHD 21
15491 BRIANNE CT $224,900 2 2.1 1208 ATTACHD 7
2286 SW Wembley Park RD $319,900 3 2 1300 DETACHD 8
4730 LAMONT CT $349,900 3 2 1676 DETACHD 0
26 BRIARWOOD RD $375,000 4 2.2 2554 DETACHD 199
231 LAUREL ST $430,000 3 3 2244 DETACHD 85
17366 CARDINAL DR $465,000 4 2.1 2107 DETACHD 3
6150 KENNY ST $465,000 3 1.1 1989 DETACHD 7
13060 ELK ROCK RD $474,900 4 3 3581 DETACHD 144
1 PREAKNESS CT $490,000 4 3 2373 DETACHD 146
623 ATWATER RD $549,000 3 2.1 2009 DETACHD 5
55 AQUINAS ST $574,900 5 3 3720 DETACHD 19
5831 SUNCREEK DR $615,000 4 2.1 2865 DETACHD 135
141 DEL PRADO ST $625,000 4 2.1 2788 DETACHD 7
1931 PARK FOREST CT $629,000 5 4.1 3866 DETACHD 979
5023 WOODCREST LN $630,900 4 2.1 3040 DETACHD 0
19333 RIVERWOOD LN #104 $630,900 4 2.1 3110 DETACHD 0
13310 ATWATER LN $1,249,900 5 4 5697 DETACHD 252

SOLD (Feb 3-9, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
13374 HIDDEN BAY CT $699,000 $665,000 4 2.1 3172 DETACHD 98
13080 THOMA RD $875,000 $700,000 3 2 2810 DETACHD 194
425 G AVE $1,400,000 $1,400,000 4 2.2 3890 DETACHD 91

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 27-Feb 2, 2014

Last week in Lake Oswego brought us 18 new listings, 11 pending sales, and 11 closed sales.

Here is the breakdown according to RMLS:

New on the Market(Jan 27-Feb 2, 2014)

Address Type Price BR Bths SF
167 Oswego Summit Condo $159,900 2 2 1506
165 Oswego Summit Condo $199,900 2 2 1383
15491 Brianne Ct Attached $224,900 2 2.5 1208
16200 Pacific Hwy #35 Condo $299,000 2 2 1208
15115 Twin Fir Rd Detached $429,000 3 2 1392
4729 Lakeview Blvd Detached $450,000 3 2.5 2490
6150 Kenny St Detached $465,000 3 1.5 1989
319 3rd St Attached $507,000 3 3.5 1937
880 Woodway Ct Detached $525,000 4 3 3478
14232 Meadow Grass St Detached $619,000 4 3 2965
141 Del Prado St Detached $625,000 4 2.5 2788
53 D Ave Detached $665,000 3 3 2600
13528 Twin Creek Ln Detached $689,900 4 3.5 3171
19233 Indian Springs Rd Detached $714,000 4 4.5 3509
2167 Wembley Park Rd Detached $1,199,000 4 3.5 4015
316 Ridgeway Rd Detached $1,225,000 4 3 3877
50 Briarwood Rd Detached $1,248,000 6 6 7773
2410 Summit Ct Detached $1,650,000 3 3.5 3750

Pending Sales (Jan 27-Feb 2, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #136 Condo $159,500 3 2.5 1351 1
3101 McNary Pkwy #12 Condo $179,900 2 2.5 1726 92
17 Greenridge Ct Attached $275,000 3 3 1900 7
12894 Boones Ferry Rd Condo $294,500 2 2.5 1136 66
5077 Sunset Dr Attached $359,000 2 2.5 1720 143
87 Ash St Detached $399,900 3 2 2442 227
2710 Greentree Rd Detached $417,500 4 3 3172 11
12870 Elk Rock Rd Detached $449,900 4 2 2794 620
15956 Parker Rd Detached $579,900 4 2.5 3200 11
14 Del Prado St Detached $583,000 3 3.5 4094 244
3826 Upper Dr Detached $739,900 4 2.5 3194 91

Sold (Jan 27-Feb 2, 2014)

Address Type List Price Closed Price Sq Ft CDOM
45 Eagle Crest Dr #501 Condo $208,000 $176,900 1348 468
1120 Boca Ratan Dr Attached $260,000 $260,000 1611 8
10 Juarez Detached $525,000 $510,000 3740 161
3435 Lake Grove Ave Detached $595,000 $572,500 2,618 76
14353 Trillium Ct Detached $625,000 $615,000 3057 9
113 Furnace St Condo $635,000 $625,000 2154 34
14144 Kimberly Circle Detached $649,900 $649,000 3824 7
5185 Woodcrest Ln 24E Detached $643,098 $649,239 2500 1
2070 Wembley Park Rd Detached $998,000 $802,000 4935 436
800 Terrace Dr Detached $1,349,000 $1,300,000 5166 98

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 ~ Jan 20-26, 2014

Last week in Lake Oswego we saw 17 New properties enter the market, 25 move to Pending status, and 35 “Closed”/Sold.

Here is the breakdown according to RMLS:

NEW on MKT (Jan 20-26, 2014)

Address List Price # Beds # Baths Total SF Prop Type
65 OSWEGO SMT $146,000 2 2 1140 CONDO
149 OSWEGO SMT #149 $159,900 2 2 1212 CONDO
155 OSWEGO SMT $199,900 2 2 1506 CONDO
16250 PACIFIC HWY #71 $254,900 2 2 1380 CONDO
17 GREENRIDGE CT $275,000 3 3 1900 ATTACHD
16227 KIMBALL ST $344,950 4 2.1 1572 DETACHD
2710 GREENTREE RD $417,500 4 3 3172 DETACHD
1638 PINE ST $494,000 5 2 3160 DETACHD
18360 SW TUALATA AVE $549,900 5 2.1 2703 DETACHD
1830 CLOVERLEAF RD $598,000 3 2.1 1857 DETACHD
214 GREENRIDGE DR $599,900 6 4 3714 ATTACHD
17632 WOODHURST PL $648,950 5 4.1 4423 DETACHD
17479 BROOKHURST DR $729,000 4 2.1 3552 DETACHD
96 GARIBALDI ST $789,000 3 3.1 4819 DETACHD
1273 WELLS ST $799,000 4 3 4091 DETACHD
755 6TH ST $995,000 4 3.1 4170 DETACHD
778 CABANA LN $2,295,000 3 3 3343 DETACHD

PENDING SALES (Jan 20-26, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
200 RIDGEWAY RD $175,000 2 1 988 CONDO 33
45 EAGLE CREST DR #501 $179,900 3 2 1647 CONDO 468
3894 BOTTICELLI ST $184,900 2 1.1 1132 CONDO 68
48 EAGLE CREST DR #1B $195,000 3 2 1623 CONDO 91
6321 ALYSSA TER $275,000 3 2.1 1546 ATTACHD 5
1733 Kilkenny RD $309,900 3 1.1 1654 DETACHD 219
5687 BONITA RD $310,000 3 2.1 2048 DETACHD 40
4256 COUNTRY WOODS CT $338,950 4 2.1 1560 DETACHD 1
6 PHEASANT RUN $339,900 3 2.1 1734 DETACHD 14
18341 FERNBROOK CT $369,999 4 2 1872 DETACHD 75
18385 WOOD THRUSH WAY $373,000 3 2 1832 DETACHD 5
1880 KILKENNY DR $400,000 4 3 2778 DETACHD 66
15481 TANAGER DR $405,000 3 2.1 2064 DETACHD 143
67 TANGLEWOOD DR $434,900 4 2.1 3068 DETACHD 163
17200 ROBB PL $439,000 3 2.1 2218 DETACHD 8
4741 CAMBRIDGE CT $467,000 2 2.1 2861 ATTACHD 5
4002 TEMPEST DR $539,900 4 3.1 4319 DETACHD 8
5616 GRAND OAKS DR $550,000 4 3 3096 DETACHD 65
885 LAKE FOREST DR $575,000 4 3 2186 DETACHD 80
5004 WOODCREST LN #16E $589,900 3 2.1 2523 DETACHD 73
15713 TARA PL $615,000 4 2.1 3442 DETACHD 19
18994 BRYANT RD $649,900 4 2.1 3146 DETACHD 454
420 RIDGEWAY RD $849,900 2 2 2190 DETACHD 316
2135 RIDGE POINTE DR $1,075,000 5 4.2 6755 DETACHD 216
17322 CEDAR RD $1,149,500 4 4.1 3370 DETACHD 14

SOLD (Jan 20-26, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #13 $85,900 $83,300 1 1 617 CONDO 89
18 WHEATHERSTONE $295,900 $295,900 3 2.1 1692 CONDO 138
4912 LOWER DR $339,000 $355,000 3 2 1539 DETACHD 4
13036 SIERRA CT $549,900 $485,000 3 2 2214 DETACHD 80
5522 ROYAL OAKS DR $683,500 $580,000 4 2.1 2471 DETACHD 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

News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

For 2013 the overall Portland area saw 27,065 Accepted Offers, and 24,872 Closed Sales which is up 12.7% from 24,010 Accepted Offers (Pendings) and 14.3% from 23,438 Closed Sales during 2012. Though Closed Sales decreased from November 2013 by 2.1%, December had the most Closed Sales since 2006!

According to the RMLS Market Action Report for the Portland Metro Area  December, 2013:

  • At 1,782, December Closed Sales are 1.3% ahead of December 2012.
  • There were 1,333 New Listings in December. This was a decrease of 32.5% from this November, and an increase of 3.7% over December of 2012.
  • The Average Sale Price in December was $308,100, down from $318,100 in November 2013.
  • December Pending Sales (accepted offers) dropped by 18.8% compard to this November.

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

    • 379 Active Listings
    • 58 New Listings
    • 76 Pending Sales
    • 83 Closed Sales
    • An average Sale Price of $463,500.
    • Average Time on the Market: 113 Days

Market Activity Jan 13-19, 2014

Last week in Lake Oswego there were 16 new listings, 16 pending sales, and 6 closed sales.
Here is the breakdown according to RMLS:

New on Market (Jan 13-19, 2014)

Address Type Price BR Bths SF
47 Eagle Crest Dr #48 Condo $104,900 1 1 696
10 Cervantes Circle Condo $125,000 2 1.5 912
4 Touchstone #128 Condo $154,900 3 2.5 1350
13060 Elk Rock Rd "A" Detached $175,000 1 1 502
181 Oswego Summit Condo $185,000 2 2 1383
17200 Robb Pl Detached $439,000 3 2.5 2218
1653 Devon Ln Detached $469,000 4 3 3181
13057 Sierra Vista Dr Detached $489,000 4 2.5 2510
4002 Tempest Dr Detached $539,900 4 3.5 4319
16158 Inverurie Rd Detached $559,900 4 2.5 2377
55 Aquinas St Detached $574,900 5 3 3720
4311 Orchard Way Detached $585,000 3 2.5 3010
13100 Boones Ferry Rd Detached $695,000 3 2.5 2370
3 Creekside Ter Detached $750,000 4 3.5 4355
19415 Sycamore Ave Detached $879,900 4 2.5 2188
820 Fairway Rd Detached $1,200,000 4 3.5 3758

Pending Sales (Jan 13-19, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #123 Condo $139,900 3 2.5 1351 4
3433 McNary Pkwy #702 Condo $164,500 2 2.5 1136 149
6397 McEwan Rd Detached $289,900 3 2 1008 127
15360 Twin Fir Rd Detached $314,900 3 1 1020 4
4690 Lower Dr Detached $339,900 3 2.5 1596 6
5057 W Sunset Dr Attached $349,900 2 2.5 1720 32
72 Weatherstone Condo $356,500 4 3.5 2465 84
572 2nd St Attached $379,900 2 2.5 1394 3
1230 Hallinan Cir Detached $380,000 3 2.5 1822 2
4401 Oakridge Rd Attached $400,000 2 2.5 1692 172
1228 Hallinan Cir Detached $450,000 3 2 1932 3
1491 Koawood Dr Detached $489,900 4 3 2510 29
2814 Vale Ct Detached $629,000 4 3 3192 70
18325 River Edge Ln Detached $899,995 3 3.5 4115 84
881 C Ave Detached $969,000 4 2.5 3128 0
17600 Upper Cherry Ln Detached $998,000 4 3.5 3900 283

SOLD (Jan 13-19, 2014)

Address Type List Price Closed Price Sq Ft CDOM
16775 Lake Forest Blvd Detached $287,000 $270,000 1544 61
5523 Royal Oaks Dr Detached $200,000 $300,000 1817 501
924 Laurel St Detached $360,000 $336,650 1965 62
17940 Meadowlark Ln Detached $499,000 $438,000 2,508 143
18064 Jenifers Way Detached $639,950 $635,000 2965 28
17700 Lake Haven Dr Detached $1,579,000 $1,600,000 4006 36

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 6-12, 2014

During our first full week of logged activity in Lake Oswego, 8 New properties entered the market, 9 moved to Pending status, and 3  “Closed”/Sold.

Here is the breakdown according to RMLS:

NEW on MKT (Jan 6-12, 2014)

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE #123 $139,900 3 2.1 1351 CONDO
5063 FOOTHILLS DR #14 $184,900 2 2 1050 CONDO
6 PHEASANT RUN $339,900 3 2.1 1734 DETACHD
4690 LOWER DR $339,900 3 2.1 1596 DETACHD
4360 WESTBAY RD $520,000 4 3 2636 DETACHD
4401 ALBERT CIR $529,950 4 2.1 2620 DETACHD
17322 CEDAR RD $1,149,500 4 4.1 3370 DETACHD
2493 SOUTHSHORE BLVD $3,495,000 5 4.1 7112 DETACHD

PENDING SALES (Jan 6-12, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
88 OSWEGO SMT $99,999 1 1 764 CONDO 56
50 CERVANTES CIR #3-B $109,900 2 1.1 912 CONDO 10
16 CERVANTES CIR #6E $149,900 2 1.1 912 CONDO 43
13080 THOMA RD $395,000 3 2 2810 DETACHD 200
5616 GRAND OAKS DR $550,000 4 3 3096 DETACHD 54
2481 MARYLSHIRE LN $675,000 5 3.1 4154 DETACHD 175
17390 GRANDVIEW CT $989,999 4 4.2 4516 DETACHD 204
17375 RIDGEVIEW CT $998,500 4 3.1 4065 DETACHD 147
4601 UPPER DR $1,059,000 4 3.2 3943 DETACHD 2

SOLD (Jan 6-12, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3808 BOTTICELLI ST $189,900 $182,000 3 2 1288 CONDO 71
3595 TEMPEST DR $424,900 $389,900 3 2 2126 DETACHD 53
4018 COHO LN $959,000 $900,000 4 4.1 5128 DETACHD 111

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