Lake Oswego Real Estate Blog
There is one house Open for Easter Sunday in Lake Oswego according to RMLS… and what a beautiful house it is!
Enjoy your Easter, no matter what you do!!!
| Address | L/Price | # Beds | # Baths | Total SF | Prop Type | Open |
| 112 NORTHSHORE CIR | $1,625,000 | 3 | 3.1 | 3632 | TRAD | 11AM-4PM |
Buyer…. Be Informed!
As Realtors, we always encourage our Buyer clients to get information “direct from the horse’s mouth”, or more accurately, to call or visit the city where one is purchasing, and talk directly to the Planning or other related department about records for the home. You can ask any number of questions and talk directly to those “in the know”. We do conduct our own research, and do get involved and assist, but I still believe the best practice is for the Buyer to get their information “direct”. That way there’s no translating involved, and nothing that gets left “un-asked” that a client might wish they had asked their Realtor to find out later on. The people at the City are really nice folks, and are there to help. If you’re looking for a home in Lake Oswego, give them a call or pay them a visit! Here’s the link: City of Lake Oswego/Planning.
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Similarly, the Internet is a fantastic source for much of the information you want to find out regarding a home’s background, development potential, easements, past permits, lot lines, etc etc etc. There is a site called Portland Maps that can be accessed for information on Lake Oswego properties as well. This link is easy to use. Just type in the address, and voila, the aforementioned, along with demographics, crime statistics, and more is at your fingertips. Here’s the link to Portland Maps.
It was a busy week in real estate in Lake Oswego last week. We had 9 new listings, 27 pending sales, and 14 closed sales. The buyers are out there!
Here are further details regarding last week’s Market Activity:
NEW SALES (Mar 18-24, 2013):
| Address | Type | Price | BR | Bths | SF |
| 4 Touchstone | Condo | $115,000 | 2 | 2 | 984 |
| 5213 Rosewood St | Detached | $389,900 | 3 | 2.5 | 1934 |
| 580 2nd St | Condo | $397,500 | 2 | 1.5+.5 | 1464 |
| 15495 Tanager Dr | Detached | $410,000 | 4 | 2.5 | 2255 |
| 16168 Lake Forest Blvd | Detached | $449,900 | 4 | 3 | 2276 |
| 17125 Warren Ct | Detached | $489,900 | 4 | 2.5 | 2705 |
| 557 2nd St #205 | Condo | $680,000 | 2 | 2.5 | 1833 |
| 3480 Upper Dr | Detached | $749,000 | 3 | 2.5 | 2571 |
| 4190 Chad Dr | Detached | $749,500 | 4 | 3.5 | 3756 |
| 14393 Amberwood Circle | Detached | $820,000 | 5 | 3.5 | 3692 |
PENDING SALES (Mar 18-24, 2013)
| Address | Type | Price | BR | Baths | SF | DOM |
| 4620 Lower Dr | Condo | $75,000 | 2 | 1.5 | 1160 | 107 |
| 208 Ridgeway Rd | Condo | $135,500 | 1 | 1 | 778 | 13 |
| 12632 Boones Ferry Rd | Detached | $204,000 | 2 | 2 | 1652 | 13 |
| 5020 Lakeview Blvd | Detached | $239,900 | 3 | 2 | 1192 | 1 |
| 16232 Bonaire Ave | Detached | $279,900 | 4 | 2.5 | 1792 | 17 |
| 4610 Lamont Way | Detached | $330,000 | 3 | 2 | 1750 | 10 |
| 18959 Kristi Way | Detached | $350,000 | 3 | 2 | 1778 | 33 |
| 2550 Greentree Rd | Detached | $359,900 | 4 | 3 | 2852 | 160 |
| 2593 Greentree Rd | Detached | $359,900 | 4 | 3 | 2215 | 7 |
| 1621 Larch St | Detached | $375,000 | 3 | 2.5 | 3040 | 138 |
| 1288 Rockinghorse Ln | Detached | $382,500 | 3 | 2 | 1742 | 111 |
| 4471 Chapman Way | Detached | $395,000 | 3 | 3 | 1989 | 1 |
| 4917 Mulholland Dr | Attached | $420,000 | 2 | 2.5 | 2403 | 58 |
| 2010 Greentree Rd | Detached | $420,000 | 4 | 2.5 | 2330 | 4 |
| 5099 Galen St | Detached | $429,500 | 4 | 2.5 | 2246 | 3 |
| 14520 Rainbow Dr | Detached | $429,900 | 4 | 2 | 2405 | 5 |
| 14336 Camden Ln | Detached | $432,500 | 4 | 2.5 | 2398 | 2 |
| 323 3rd St | Attached | $469,900 | 3 | 3.5 | 1959 | 205 |
| 686 Sunnyhill Dr | Detached | $499,900 | 4 | 2.5 | 2392 | 64 |
| 5450 Bay Creek Dr | Detached | $525,000 | 4 | 2.5 | 2386 | 5 |
| 940 Upper Devon Ln | Detached | $549,900 | 4 | 3 | 4464 | 295 |
| 2491 Overlook Dr | Detached | $579,990 | 4 | 3 | 3250 | 173 |
| 13282 Boones Ferry Rd | Detached | $585,000 | 4 | 2.5 | 3267 | 262 |
| 5554 Luce Ln | Detached | $589,900 | 5 | 3 | 3234 | 27 |
| 4036 Melissa Dr | Detached | $592,000 | 4 | 3.5 | 3118 | 17 |
| 17937 Kelok Rd | Detached | $675,000 | 5 | 2 | 2466 | 21 |
| 2960 Wembley Park Rd | Detached | $695,000 | 4 | 2.5 | 2000 | 252 |
SOLD (Mar 18-24, 2013)
| Address | Type | List Price | Closed Price | Sq Ft | CDOM |
| 26 Crestfield Ct | Condo | $84,900 | $89,100 | 989 | 11 |
| 44 Eagle Crest Dr #18 | Condo | $128,000 | $128,000 | 1085 | 43 |
| 222 Cervantes D | Condo | $182,963 | $181,000 | 1464 | 13 |
| 1028 Spruce St | Detached | $215,000 | $230,100 | 1,140 | 42 |
| 466 5th St #14 | Condo | $299,900 | $269,000 | 1092 | 175 |
| 1041 Hemlock St | Detached | $319,000 | $293,000 | 2623 | 170 |
| 1449 Greentree Circle | Detached | $345,000 | $295,000 | 1696 | 139 |
| 762 Maple St | Detached | $479,000 | $449,000 | 2417 | 28 |
| 17802 Treetop Ln | Detached | $595,000 | $514,000 | 3655 | 370 |
| 2770 Wembley Park Rd | Detached | $615,000 | $588,000 | 3375 | 122 |
| 5028 Woodcrest Ln Lt14 | Detached | $608,000 | $608,000 | 3063 | 218 |
| 17980 Meadowlark Ln | Detached | $645,000 | $630,000 | 3252 | 1 |
| 15150 Glen Eagles Ct | Detached | $799,000 | $759,900 | 2839 | 22 |
| 18785 Westview Dr | Detached | $1,795,000 | $1,400,000 | 5508 | 274 |
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
It’s almost spring, and last week we saw 20 New properties entering the market, 24 go to Pending status, and 13 Selling in Lake Oswego.
Here are further details regarding last week’s Market Activity:
NEW SALES (Mar 11-17, 2013):
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 41 OSWEGO SMT | $95,000 | 1 | 1 | 764 | CONDO |
| 3433 MCNARY PKWY #106 | $124,900 | 2 | 2 | 1008 | CONDO |
| 45 EAGLE CREST DR #305 | $132,500 | 2 | 1.1 | 1056 | CONDO |
| 4 TOUCHSTONE #152 | $140,000 | 3 | 2.1 | 1351 | CONDO |
| 12868 BOONES FERRY RD | $229,000 | 2 | 2.1 | 1136 | ATTACHD |
| 92 WHEATHERSTONE | $250,000 | 3 | 3.1 | 2436 | CONDO |
| 14550 DORIS AVE | $349,900 | 3 | 1.1 | 1474 | DETACHD |
| 2593 GREENTREE RD | $359,900 | 4 | 3 | 2215 | DETACHD |
| 14520 RAINBOW DR | $429,900 | 4 | 2 | 2405 | DETACHD |
| 24 BECKET ST | $475,000 | 3 | 2.1 | 2527 | DETACHD |
| 4572 UPPER DR | $492,488 | 2 | 2 | 1454 | DETACHD |
| 4007 BASS LN | $517,900 | 4 | 3 | 2701 | DETACHD |
| 5450 BAY CREEK DR | $525,000 | 4 | 2.1 | 2386 | DETACHD |
| 868 7TH ST | $729,000 | 4 | 3 | 2690 | DETACHD |
| 1979 COUNTRY CLUB RD | $750,000 | 5 | 5.1 | 4115 | DETACHD |
| 420 RIDGEWAY RD | $975,000 | 2 | 2 | 2190 | DETACHD |
| 12700 FIELDING RD | $1,175,000 | 3 | 3 | 3025 | DETACHD |
| 17618 CRESTLINE DR | $1,450,000 | 4 | 3.2 | 4663 | DETACHD |
| 1745 SOUTHSHORE BLVD | $1,898,000 | 4 | 4.1 | 5545 | DETACHD |
| 3730 MARQUIS CT | $2,395,000 | 4 | 5.1 | 6039 | DETACHD |
PENDING SALES (Mar 11-17, 2013)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4620 LOWER DR | $75,000 | 2 | 1.1 | 1160 | CONDO | 96 |
| 47 EAGLE CREST DR #13 | $89,950 | 2 | 1 | 932 | CONDO | 5 |
| 284 CERVANTES CIR | $104,500 | 2 | 2 | 1052 | CONDO | 33 |
| 750 1ST ST #D-24 | $175,000 | 2 | 2 | 1350 | CONDO | 275 |
| 21 GREENRIDGE CT | $260,000 | 3 | 1.1 | 1815 | CONDO | 141 |
| 67 N CONDOLEA TER | $300,000 | 3 | 3 | 2373 | CONDO | 35 |
| 10 SUMMIT RIDGE CT | $325,000 | 2 | 2.1 | 1642 | ATTACHD | 3 |
| 2542 ORCHARD HILL LN | $339,500 | 3 | 2 | 1710 | DETACHD | 4 |
| 14414 ORCHARD SPRINGS RD | $369,900 | 4 | 2.5 | 1890 | DETACHD | 5 |
| 979 DEVON LN | $385,000 | 3 | 3.1 | 2162 | DETACHD | 243 |
| 29 PARTRIDGE LN | $405,000 | 3 | 2.1 | 3109 | DETACHD | 228 |
| 4502 AUBURN LN | $439,900 | 3 | 3.1 | 2732 | ATTACHD | 15 |
| 2227 HILLSIDE DR | $495,000 | 4 | 3 | 3003 | DETACHD | 5 |
| 3763 TEMPEST DR | $497,500 | 5 | 2.1 | 2805 | DETACHD | 39 |
| 16621 GRAEF CIR | $499,500 | 3 | 1.1 | 2170 | DETACHD | 21 |
| 2830 PARK RD | $524,900 | 3 | 3.1 | 3115 | DETACHD | 7 |
| 16792 QUAIL CT | $548,950 | 3 | 2.1 | 3050 | DETACHD | 163 |
| 19226 MEGAN PL | $549,500 | 3 | 2.1 | 3392 | DETACHD | 264 |
| 318 NORTHSHORE RD | $575,000 | 3 | 2.1 | 2735 | DETACHD | 1 |
| 2088 LILLI LN | $675,000 | 5 | 4 | 4101 | DETACHD | 16 |
| 1465 MORNING SKY CT | $815,000 | 5 | 3.1 | 4678 | DETACHD | 160 |
| 17775 KELOK RD | $868,950 | 4 | 2.1 | 2882 | DETACHD | 219 |
| 752 LAKE SHORE RD | $1,379,000 | 3 | 3.1 | 3389 | DETACHD | 11 |
| 13068 KNAUS RD | $1,450,000 | 5 | 5.3 | 6512 | DETACHD | 267 |
SOLD (Mar 11-17, 2013)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 92 CERVANTES CIR #11-E | $110,000 | $99,250 | 2 | 1.1 | 912 | CONDO | 182 |
| 3787 LANEWOOD ST | $249,000 | $239,000 | 3 | 2 | 1300 | DETACHD | 275 |
| 16989 TUALATIN ST | $319,900 | $245,000 | 3 | 2.1 | 1491 | DETACHD | 610 |
| 15275 BOONES WAY | $252,000 | $252,000 | 2 | 2 | 1320 | ATTACHD | 3 |
| 6426 Frost ST | $354,900 | $331,499 | 4 | 3 | 2276 | DETACHD | 136 |
| 5675 CHILDS RD | $369,900 | $354,900 | 2 | 2.1 | 1644 | DETACHD | 99 |
| 17147 Warren CT | $449,900 | $450,000 | 4 | 2.1 | 2522 | DETACHD | 3 |
| 1021 YATES ST | $500,000 | $497,500 | 3 | 2.1 | 1985 | DETACHD | 12 |
| 837 C AVE | $569,000 | $530,000 | 3 | 2 | 2109 | DETACHD | 7 |
| 15655 FIELDSTONE DR | $589,500 | $584,500 | 4 | 2.1 | 2750 | DETACHD | 339 |
| 12424 ORCHARD HILL RD | $625,000 | $589,950 | 3 | 3 | 2889 | DETACHD | 167 |
| 5088 WOODCREST LN | $629,900 | $595,000 | 4 | 2.1 | 3056 | DETACHD | 199 |
| 5303 AMBERWOOD CT | $810,000 | $740,000 | 3 | 2.1 | 3274 | 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
There are 14 homes being held Open Sunday in Lake Oswego, according to RMLS. Here are some details to help you navigate, if you’re planning to get out there and hunt for “the one”.
Happy Hunting!
Here you go:
| Address | L/Price | # Beds | # Baths | Total SF | Prop Type | OPEN |
| 206 OSWEGO SMT | $180,000 | 2 | 2 | 1506 | CONDO | 1-3PM |
| 1118 OAK ST | $285,000 | 3 | 1.1 | 1320 | DETACHD | 1-3PM |
| 15205 BOONES WAY | $309,900 | 3 | 2 | 1600 | ATTACHD | 1-3PM |
| 2256 GLENMORRIE DR | $315,000 | 3 | 2 | 1628 | DETACHD | 12-4PM |
| 18903 TERRY AVE | $359,000 | 3 | 2 | 1458 | DETACHD | 2:30-4:30PM |
| 13901 SUNDELEAF DR | $359,900 | 4 | 3 | 1900 | DETACHD | 12-2PM |
| 5554 LUCE LN | $589,900 | 5 | 3 | 3234 | DETACHD | 1-4PM |
| 14136 HEATHROW LN | $599,000 | 4 | 2.1 | 2955 | DETACHD | 2-4PM |
| 5533 FIELDSTONE CT | $599,500 | 4 | 2.1 | 3115 | DETACHD | 1-3PM |
| 720 MAPLE ST | $649,000 | 3 | 2.1 | 3966 | DETACHD | 1-3PM |
| 18460 RAY RIDGE DR | $650,000 | 3 | 2.1 | 3241 | DETACHD | 1-3PM |
| 4102 CHAD DR | $658,800 | 4 | 2.1 | 3054 | DETACHD | 1-4PM |
| 2860 UPPER DR | $748,500 | 4 | 3.1 | 3938 | DETACHD | 12-2PM |
| 112 NORTHSHORE CIR | $1,625,000 | 3 | 3.1 | 3632 | DETACHD | 11AM-4PM |
Here is some recent data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:
According to the RMLS Market Action Report for the Portland Metro Area February, 2013.
- At 1,376, Closed Sales were the best since 2008!
- There were 2,453 New Listings (virtually the same as January 2013, and an 1.6% decrease from Feb. 2012).
- The Average Sale Price in February was $282,000. Comparing the average price of $278,600 during the last 12 months ending on Feb 28th 2013, with the same 12 month period ending Feb., 2012 of $263,300, there has been an increase of 5.8%
- Pending Sales increased from January 2013 by 11.8% to 2,130.
For our Property Blotter readers, the combined area of Lake Oswego and West Linn reported:
- 432 Active Listings
- 140 New Listings
- 112 Pending Sales
- 74 Closed Sales
- An average Sale Price of $451,900.
- Average Time on the Market: 157 Days
It is so great to finally be back to longer hours of daylight! It means spring, flowers, and warner weather is on it’s way, but it also gives us more time to look at houses!
Last week’s market activity in Lake Oswego brought 23 new listings, 11 pending sales, and 9 closed sales.
Here are further details regarding last week’s Market Activity:
NEW SALES (Mar 4-10, 2013):
| Address | Type | Price | BR | Bths | SF |
| 208 Ridgeway Rd | Condo | $135,500 | 1 | 1 | 778 |
| 572 S State St | Condo | $149,921 | 2 | 1 | 914 |
| 12623 SW Boones Ferry Rd | Detached | $204,000 | 2 | 2 | 1652 |
| 5860 Lakeview Blvd | Detached | $239,000 | 3 | 1 | 1435 |
| 118 Oak St | Detached | $285,000 | 3 | 1.5 | 1320 |
| 18540 Kristi Way | Detached | $295,000 | 3 | 1.5 | 1254 |
| 15205 Boones Way | Attached | $309,900 | 3 | 2 | 1600 |
| 14414 Orchard Springs Rd | Detached | $369,900 | 4 | 2.5 | 1890 |
| 562 2nd St #10 | Condo | $385,000 | 2 | 2.5 | 1302 |
| 2227 Hillside Dr | Detached | $495,000 | 4 | 3 | 3003 |
| 13276 Deerfield Ct | Detached | $499,000 | 4 | 2.5 | 3066 |
| 1701 Highland Dr | Detached | $499,900 | 4 | 3 | 3126 |
| 2234 Fernwood Circle | Detached | $499,900 | 4 | 3 | 3000 |
| 2830 Park Rd | Detached | $524,900 | 3 | 3.5 | 3115 |
| 1950 Green Acres Ln | Detached | $525,000 | 4 | 2.5 | 2659 |
| 4036 Melissa Dr | Detached | $592,000 | 4 | 3.5 | 3200 |
| 3130 Westview Ct | Detached | $649,000 | 4 | 3.5 | 3900 |
| 18460 Ray Ridge Dr | Detached | $650,000 | 3 | 2.5 | 3241 |
| 5876 Ridgetop Ct | Detached | $719,900 | 4 | 2.5 | 3280 |
| 13639 Twin Creek Ln | Detached | $724,990 | 4 | 2.5 | 3202 |
| 12808 Elk Rock Rd | Detached | $949,000 | 4 | 3.5 | 3718 |
| 1667 Village Park Ln | Detached | $975,000 | 5 | 3.5 | 5027 |
| 752 Lake Shore Rd | Detached | $1,379,000 | 3 | 3.5 | 3389 |
PENDING SALES (Mar 4-10, 2013)
| Address | Type | Price | BR | Baths | SF | DOM |
| 16232 Bonaire Ave | Detached | $279,900 | 4 | 2.5 | 1792 | 3 |
| 3190 Duncan Dr | Detached | $314,900 | 3 | 2.5 | 2401 | 101 |
| 6024 Fernbrook Circle | Detached | $349,900 | 3 | 2 | 1470 | 14 |
| 13005 Princeton Ct | Detached | $399,500 | 3 | 2.5 | 2294 | 141 |
| 1670 Fircrest Dr | Detached | $410,000 | 4 | 3 | 2000 | 121 |
| 600 Maple St | Detached | $445,500 | 3 | 2.5 | 2416 | 121 |
| 3110 Royce Way | Detached | $460,000 | 4 | 2.5 | 2732 | 9 |
| 2464 Marylhaven Pl | Detached | $539,000 | 4 | 2.5 | 2898 | 36 |
| 5322 Langford Ln | Detached | $689,950 | 5 | 3.5 | 3242 | 2 |
| 2094 Summit Dr | Detached | $698,000 | 4 | 3.5 | 3510 | 156 |
| 831 Northshore Rd | Detached | $800,000 | 3 | 2.5 | 2113 | 348 |
SOLD (Mar 4-10, 2013)
| Address | Type | List Price | Closed Price | Sq Ft | CDOM |
| 55 Oswego Summit | Condo | $78,888 | $64,000 | 721 | 246 |
| 517 Laurel St | Detached | $359,900 | $330,000 | 2834 | 10 |
| 921 G Ave | Detached | $420,000 | $430,000 | 1527 | 4 |
| 2709 Orchard Hill Pl | Detached | $440,000 | $440,100 | 2,098 | 6 |
| 4673 Lakeview Blvd | Detached | $500,000 | $492,000 | 2061 | 5 |
| 2927 Tolkien Ln | Detached | $639,000 | $535,000 | 2819 | 220 |
| 17694 Marylbrook Dr | Detached | $559,000 | $550,000 | 2758 | 104 |
| 568 9th St | Detached | $838,950 | $785,000 | 2825 | 759 |
| 1150 Fairway Rd | Detached | $3,795,000 | $3,075,000 | 8724 | 122 |
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
Looking good with 16 New properties entering the market, 32 going to Pending status (!!!) and 19 Selling during the last 7-day period in Lake Oswego.
Here are further details regarding last week’s Market Activity:
NEW SALES (Feb 25-Mar 3, 2013):
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 100 KERR PKWY #26 | $69,900 | 1 | 1 | 617 | CONDO |
| 87 OSWEGO SMT | $89,900 | 2 | 1.1 | 1116 | CONDO |
| 235 CERVANTES | $119,900 | 2 | 2 | 1100 | CONDO |
| 45 EAGLE CREST DR #213 | $139,900 | 2 | 1.1 | 1056 | CONDO |
| 4417 THUNDER VISTA LN | $192,600 | 2 | 2.1 | 1455 | CONDO |
| 5056 FOOTHILLS DR #D | $259,000 | 2 | 2 | 1252 | CONDO |
| 6243 DAWN AVE | $299,900 | 4 | 1.1 | 1254 | DETACHD |
| 4502 AUBURN LN | $439,900 | 3 | 3.1 | 2732 | ATTACHD |
| 13437 PROVINCIAL HILL WAY | $579,900 | 4 | 2.1 | 2833 | DETACHD |
| 32 HILLSHIRE DR | $619,900 | 4 | 2.1 | 3605 | DETACHD |
| 17937 Kelok RD | $675,000 | 5 | 2 | 2466 | DETACHD |
| 2088 LILLI LN | $675,000 | 5 | 4 | 4101 | DETACHD |
| 1222 GLENMORRIE DR | $699,999 | 4 | 3 | 2875 | DETACHD |
| 5 DOVER WAY | $995,000 | 4 | 4.1 | 5257 | DETACHD |
| 615 4TH ST | $995,000 | 4 | 3 | 3691 | DETACHD |
| 1947 SUMMIT DR | $1,385,000 | 5 | 5.1 | 5000 | DETACHD |
PENDING SALES (Feb 25-Mar 3, 2013)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4620 LOWER DR | $75,000 | 2 | 1.1 | 1160 | CONDO | 86 |
| 885 MCVEY AVE | $209,000 | 3 | 1 | 1292 | DETACHD | 45 |
| 1674 FIRCREST DR | $339,900 | 4 | 2 | 1998 | DETACHD | 54 |
| 3269 PHYLLIS CT | $339,900 | 3 | 1.2 | 1711 | DETACHD | 4 |
| 332 4th ST | $399,900 | 2 | 2.1 | 1731 | ATTACHD | 16 |
| 17618 BLUE HERON RD | $399,900 | 4 | 2 | 2250 | DETACHD | 7 |
| 2 MOZARTEUM CT | $417,000 | 3 | 2.1 | 2254 | DETACHD | 4 |
| 4909 MULHOLLAND DR | $428,000 | 2 | 2.1 | 2403 | ATTACHD | 5 |
| 13906 MAJESTIC CT | $469,000 | 4 | 3.1 | 2827 | DETACHD | 28 |
| 2491 OVERLOOK DR | $579,990 | 4 | 3 | 3250 | DETACHD | 152 |
| 2415 PARK RD | $584,500 | 4 | 2.2 | 2581 | DETACHD | 285 |
| 13060 KNAUS RD | $1,299,000 | 4 | 3.1 | 4353 | DETACHD | 264 |
SOLD (Feb 25-Mar 3, 2013)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 16250 PACIFIC HWY #67 | $80,000 | $78,000 | 1 | 1 | 841 | CONDO | 227 |
| 4000 CARMAN DR #21 | $105,000 | $95,000 | 2 | 2 | 885 | CONDO | 72 |
| 4 TOUCHSTONE #148 | $120,000 | $120,000 | 3 | 2.1 | 1351 | CONDO | 95 |
| 6462 Frost ST | $344,900 | $309,900 | 3 | 2.1 | 2205 | DETACHD | 117 |
| 6438 FROST ST | $319,900 | $325,000 | 3 | 2.1 | 2205 | DETACHD | 26 |
| 17721 OVERLOOK CIR | $449,900 | $410,000 | 4 | 2.1 | 3172 | DETACHD | 156 |
| 13340 Auburn CT | $432,900 | $440,000 | 3 | 2.1 | 2492 | ATTACHD | 601 |
| 2011 RIDGEWOOD LN | $500,000 | $480,000 | 5 | 3.1 | 3012 | DETACHD | 716 |
| 5124 ROSEWOOD ST | $519,900 | $490,000 | 5 | 3.1 | 3510 | DETACHD | 189 |
| 3197 ALBER SPRING CT | $649,900 | $620,000 | 4 | 2.1 | 3664 | DETACHD | 135 |
| 1864 CAMPUS WAY | $668,999 | $653,000 | 5 | 4 | 4142 | DETACHD | 2 |
| 17301 CANAL CIR | $825,000 | $749,000 | 3 | 2.1 | 1812 | DETACHD | 342 |
| 15825 OSWEGO SHORE CT | $1,985,850 | $1,875,000 | 3 | 3.1 | 4317 | DETACHD | 626 |
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
Here is some recent data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:
According to the RMLS Market Action Report for the Portland Metro Area January, 2013. At 1,344, Closed Sales were less than December’s 1,760, BUT, amount to the most Closed Sales in any January since 2007!
- There were 2,438 New Listings (an 89.6% increase over Dec. 2012).
- The Average Sale Price in January was $287,700. Comparing the average price of $277,000 during the last 12 months ending on Jan. 31st 2013, with the same 12 month period ending Jan. 31, 2012 of $262,900, there has been an increase of 5.4%
- December 2012 logged 1,384 Pending Sales, while January 2013 ratcheted that up to 1906! For our Property Blotter readers, the combined area of Lake Oswego and West Linn reported:
- 450 Active Listings
- 187 New Listings
- 130 Pending Sales
- 79 Closed Sales
- An average Sale Price of $480,600.
- Average Time on the Market: 138 Days
Lake Oswego had 18 new listings enter the market last week, along with 18 homes that received accepted offers and 9 closed sales. What stood out for me, as I looked through the closed sales, is that 3 of the nine sold over the list price, including the house on Middlecrest that sold $51,000 over the list price. Sounds like aggressive multiple offers likely happened on that property.
Here are further details regarding last week’s Market Activity:
NEWLY LISTED (Feb 18-24, 2013)
| Address | Type | Price | BR | Bths | SF |
| 174 Oswego Summit | Condo | $189,900 | 2 | 2 | 1506 |
| 10 Oriole Ln | Detached | $234,900 | 2 | 2 | 1654 |
| 3269 Phyllis Ct | Detached | $339,900 | 3 | 1.5+.5 | 1711 |
| 6024 Fernbrook Circle | Detached | $349,900 | 3 | 2 | 1470 |
| 17618 Blue Heron Rd | Detached | $399,900 | 4 | 2 | 2250 |
| 4909 Mulholland Dr | Attached | $428,000 | 2 | 2.5 | 2403 |
| 3110 Royce Way | Detached | $460,000 | 4 | 2.5 | 2732 |
| 16621 Graef Circle | Detached | $499,500 | 3 | 1.5 | 2170 |
| 5554 Luce Ln | Detached | $589,900 | 5 | 3 | 3234 |
| 5711 Victoria Ct | Detached | $610,000 | 4 | 2.5 | 2768 |
| 1873 Oak St | Detached | $635,000 | 3 | 2.5 | 3576 |
| 12635 Adrian Ct | Detached | $649,000 | 4 | 2.5 | 2501 |
| 3826 Upper Dr | Detached | $679,000 | 3 | 3 | 3226 |
| 435 8th St | Detached | $699,900 | 3 | 3.5 | 2394 |
| 3315 Cedar Ct | Detached | $744,000 | 4 | 3.5 | 3712 |
| 940 Cumberland Rd | Detached | $799,000 | 4 | 3 | 3062 |
| Ash St | Detached | $1,200,000 | 4 | 3.5 | 3600 |
| 1475 Chandler Rd | Detached | $1,595,000 | 5 | 4.5 | 4561 |
PENDING SALES (Feb 18-24, 2013)
| Address | Type | Price | BR | Baths | SF | DOM |
| 92 Cervantes Cir 11-E | Condo | $104,900 | 2 | 1.5 | 912 | 182 |
| 15275 Boones Way | Attached | $252,000 | 2 | 2 | 1320 | 3 |
| 466 5th St #14 | Condo | $269,731 | 2 | 1.5 | 1092 | 175 |
| 2367 Glenmorrie Dr | Detached | $275,000 | 2 | 2 | 2132 | 273 |
| 2550 Greentree Rd | Detached | $359,900 | 4 | 3 | 2852 | 135 |
| 1659 Oak St | Detached | $364,900 | 3 | 2.5 | 1885 | 62 |
| 5499 Royal Oaks Dr | Detached | $384,900 | 3 | 2 | 1780 | 179 |
| 4857 Sage Hen Way | Detached | $429,000 | 4 | 3 | 2048 | 4 |
| 762 Maple St | Detached | $479,000 | 3 | 2.5 | 2417 | 28 |
| 18343 Deerbrush Ave | Detached | $489,000 | 4 | 2.5 | 2611 | 3 |
| 12926 Rogers Rd | Detached | $565,000 | 4 | 3 | 2276 | 13 |
| 3000 Brookside Rd | Detached | $598,000 | 3 | 2.5 | 1600 | 252 |
| 5088 Woodcrest Ln | Detached | $599,900 | 4 | 2.5 | 3056 | 199 |
| 5028 Woodcrest Ln lot 14 | Detached | $618,888 | 4 | 2.5 | 3063 | 218 |
| 6135 McEwan Rd | Detached | $649,900 | 2 | 1 | 1104 | 636 |
| 5064 Woodcrest Ln lot 11 | Detached | $649,900 | 4 | 2.5 | 3215 | 209 |
| 2065 Lilli Ln | Detached | $695,000 | 5 | 3.5+.5 | 4112 | 116 |
| 3174 Douglas Circle | Detached | $999,000 | 5 | 4.5 | 4600 | 23 |
SOLD (Feb 18-24 2013)
| Address | Type | List Price | Closed Price | Sq Ft | CDOM |
| 5060 Foothills Rd D | Condo | $239,000 | $230,000 | 1252 | 7 |
| 232 Greenridge Dr | Attached | $285,000 | $250,000 | 1492 | 125 |
| 620 Middlecrest Rd | Detached | $219,000 | $270,000 | 884 | 20 |
| 19176 Benfield Ave | Detached | $299,000 | $300,000 | 1538 | 15 |
| 18275 Pilkington Rd | Detached | $329,000 | $345,000 | 2088 | 9 |
| 14598 Wilmot Way | Detached | $369,000 | $365,000 | 1960 | 10 |
| 136 D Ave | Attached | $459,000 | $405,000 | 1754 | 139 |
| 13364 Atwater Ln | Detached | $1,479,000 | $1,250,000 | 5776 | 187 |
| 3917 Southshore Blvd | Detached | $2,150,000 | $1,750,000 | 4657 | 214 |
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