Lake Oswego Real Estate Blog
As we near the Christmas Holiday, we always notice a shift in attention to family, friends, and sharing the Joys of the season… as it should be.
Even so, there are three beautiful homes to see Sunday according to RMLS:
| Address | L/Price | # Beds | # Baths | Total SF | Prop Type | Open |
| 4000 CARMAN DR #21 | $94,500 | 2 | 2 | 885 | TOWNHM | 11AM-1PM |
| 17702 OVERLOOK CIR | $465,900 | 5 | 2.1 | 3490 | DETACHD | 1-3PM |
| 831 NORTHSHORE RD | $800,000 | 3 | 2.1 | 2200 | DETACHD | 1-4PM |
Take a break from Holiday Merry-Making and check out what’s happening in the local real estate market!
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 November, 2012. At 1,733, closed sales were 13.9% higher than November 2011 sales of 1,521.
In the first 11 months of 2012, there were 30,964 new listings, 22,726 accepted offers, and 21,546 closed sales. The average sale price year-to-date ($273,800) rose 3.9% over the same period last year, ***AND… Total time on the market has dropped by 21.5% from 143 to 112 days. For our Property Blotter readers, the combined area of Lake Oswego and West Linn reported:
- 520 Active Listings
- 94 New Listings
- 101 Pending Sales
- 97 Closed Sales
- An average Sale Price of $425,600.
- Average Time on the Market: 128 Days
It’s beginning to feel a lot like the holidays with a dusting of snow on the ground this morning and just 6 new listing coming on the market last week. There are buyers out there though with 10 houses that received accepted offers last week, and 12 closed sales. I would expect an increase in closed sales this week as people try to move in with time to hang the tinsel and to put up the tree.
See below for further details on last week’s Market Activity:
NEWLY LISTED (Dec 10-16, 2012)
| Address | Type | Price | BR | Bths | SF |
| 44 Eagle Crest Dr #18 | Condo | $128,000 | 3 | 2 | 1085 |
| 342 Livingood Ln | Detached | $439,000 | 4 | 2.5 | 2384 |
| 539 2nd ST #108 | Condo | $469,000 | 2 | 2 | 1339 |
| 4052 Orchard Dr | Detached | $688,500 | 4 | 3.5 | 4081 |
| 1759 Bay View Ln | Detached | $735,000 | 4 | 3 | 4665 |
| 17468 Kelok Rd | Detached | $975,000 | 3 | 2.5 | 2675 |
PENDING SALES (Dec 10-16,2012 2012)
| Address | Type | Price | BR | Baths | SF | DOM |
| 4620 Lower Dr | Condo | $75,000 | 2 | 1.5 | 1160 | 10 |
| 4 Touchstone #116 | Condo | $150,000 | 3 | 2.5 | 1351 | 67 |
| 3980 Carman Dr | Condo | $159,900 | 3 | 2.5 | 1107 | 50 |
| 3101 McNary Pdwy #10 | Attached | $199,500 | 3 | 2.5 | 1986 | 53 |
| 5499 Royal Oaks Dr | Detached | $392,500 | 3 | 2 | 1780 | 110 |
| 300 Brookside Rd | Detached | $598,000 | 3 | 2.5 | 1600 | 179 |
| 543 2nd ST #204 | Condo | $699,000 | 2 | 2 | 1816 | 111 |
| 454 9th St | Detached | $879,000 | 3 | 4 | 2978 | 73 |
| 1560 Country Commons | Detached | $949,000 | 4 | 3.5 | 4379 | 91 |
| 18402 Old River Landing | Detached | $1,695,000 | 4 | 4.5 | 4547 | 504 |
SOLD (Dec 10-16,2012)
| Address | Type | List Price | Closed Price | Sq Ft | CDOM |
| 13150 Riverside Dr | Detached | $375,000 | $392,200 | 2242 | 4 |
| 4 Icarus Loop | Detached | $409,900 | $395,000 | 2743 | 111 |
| 14361 Sherbrook Pl | Detached | $419,900 | $419,900 | 2100 | 152 |
| 17764 Kelok Rd | Detached | $488,900 | $465,000 | 2742 | 152 |
| 17357 Oak Meadow Ln | Detached | $535,000 | $479,000 | 3247 | 160 |
| 9 Preakness Ct | Detached | $588,500 | $547,500 | 3,750 | $91 |
| 13366 Boones Ferry Ln | Detached | $649,950 | $550,000 | 3564 | 183 |
| 17087 Tualatin St | Detached | $564,950 | $564,950 | 2622 | 11 |
| 16791 Sylvan Ct | Detached | $699,000 | $635,000 | 4315 | 7 |
| 16655 Woodsman Ct | Detached | $674,900 | $635,000 | 4131 | 99 |
| 569 6th St | Detached | $798,335 | $798,335 | 2595 | 0 |
| 1644 Lake Front Rd | Detached | $999,900 | $927,500 | 3840 | 301 |
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
And the beat goes on…
Activity continues steadily with 9 New on the market, 14 Pending and 10 Sold during the last week.
See below for further details on last week’s Market Activity:
NEWLY LISTED (Dec 3-9, 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 4620 LOWER DR | $75,000 | 2 | 1.1 | 1160 | CONDO |
| 50 GREENRIDGE CT | $280,000 | 3 | 2.1 | 2000 | CONDO |
| 19176 BENFIELD AVE | $299,000 | 4 | 2 | 1538 | DETACHD |
| 1659 OAK ST | $399,900 | 3 | 2.1 | 1764 | DETACHD |
| 17702 OVERLOOK CIR | $465,900 | 5 | 2.1 | 3490 | DETACHD |
| 13517 SNOWBERRY CT | $659,000 | 4 | 2.1 | 3300 | DETACHD |
| 642 8TH ST | $975,000 | 4 | 2.2 | 3653 | DETACHD |
| 16655 MAPLE CIR | $999,000 | 3 | 2 | 2030 | DETACHD |
| 3690 LAKEVIEW BLVD | $3,950,000 | 5 | 5.1 | 6366 | DETACHD |
PENDING SALES (Dec 3-9,2012 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4000 CARMAN DR #21 | $94,500 | 2 | 2 | 885 | CONDO | 42 |
| 34 CERVANTES CIR #4F | $119,500 | 2 | 1.1 | 912 | CONDO | 21 |
| 4310 BOTTICELLI ST | $164,900 | 2 | 2.1 | 2098 | CONDO | 62 |
| 1237 HALLINAN CIR | $269,900 | 4 | 2 | 1284 | DETACHD | 4 |
| 18892 INDIAN SPRINGS CIR | $305,000 | 3 | 2 | 1611 | DETACHD | 127 |
| 1610 ASH ST | $375,000 | 3 | 2 | 2181 | DETACHD | 48 |
| 17121 WALL ST | $419,900 | 3 | 2.1 | 2187 | DETACHD | 102 |
| 530 BOCA RATAN DR | $429,900 | 4 | 3 | 3368 | DETACHD | 90 |
| 15225 CANDLEWOOD CT | $449,900 | 4 | 2.1 | 2758 | DETACHD | 239 |
| 444 10TH ST | $549,000 | 4 | 2 | 1876 | DETACHD | 88 |
| 567 2nd ST #302 | $555,000 | 2 | 2 | 1459 | CONDO | 20 |
| 2420 PALISADES CREST DR | $599,000 | 4 | 2.1 | 3471 | DETACHD | 188 |
| 837 6TH ST | $735,000 | 4 | 2.1 | 2420 | DETACHD | 7 |
| 1655 EDGECLIFF TER | $1,175,000 | 4 | 3.1 | 3416 | DETACHD | 182 |
SOLD (Dec 3-9,2012)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 18409 BENFIELD AVE | $262,500 | $224,000 | 3 | 1.1 | 1400 | DETACHD | 56 |
| 5134 TREE ST | $250,000 | $250,000 | 3 | 1.1 | 1405 | DETACHD | 44 |
| 17423 OAK MEADOW LN | $499,900 | $400,000 | 3 | 2.1 | 3125 | DETACHD | 141 |
| 6 DA VINCI ST | $479,900 | $408,000 | 4 | 2.1 | 3378 | DETACHD | 42 |
| 17561 SHEPHERDS CT | $600,000 | $525,000 | 4 | 2.1 | 3011 | DETACHD | 135 |
| 2888 VALE CT | $545,888 | $535,000 | 5 | 3 | 4396 | DETACHD | 124 |
| 13548 STREAMSIDE DR | $599,900 | $570,000 | 5 | 3 | 3336 | DETACHD | 57 |
| 13554 SOUTHWOOD CT | $609,900 | $611,000 | 3 | 2.1 | 2891 | DETACHD | 3 |
| 852 B AVE | $649,000 | $620,000 | 4 | 2 | 2368 | DETACHD | 22 |
| 2092 SUMMIT DR | $1,295,000 | $1,295,000 | 4 | 4.1 | 4441 | DETACHD | 289 |
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 13 great homes on “Sunday Tour” for your enjoyment according to RMLS.
Get in the holiday spirit and have an adventure!
| Address | L/Price | # Beds | # Baths | Total SF | Style | Time |
| 4231 WOODSIDE CIR | $274,500 | 3 | 2 | 1943 | TOWNHSE | 1-3PM |
| 16909 TRACY AVE | $279,950 | 4 | 2 | 1499 | DETACHD | 11-3PM |
| 3190 DUNCAN DR | $324,900 | 3 | 2.1 | 2401 | DETACHD | 1-3PM |
| 17002 CRESTVIEW DR | $395,000 | 3 | 2.1 | 2163 | DETACHD | 1-3PM |
| 979 DEVON LN | $397,000 | 4 | 3.1 | 2162 | DETACHD | 1-4PM |
| 1670 FIRCREST DR | $425,000 | 4 | 3 | 2000 | DETACHD | 1-3PM |
| 15495 TANAGER DR | $429,000 | 4 | 2.1 | 2255 | DETACHD | 1-3PM |
| 1429 GREENTREE CIR | $459,500 | 4 | 2.1 | 2599 | DETACHD | 1-3PM |
| 15655 FIELDSTONE DR | $589,500 | 4 | 2.1 | 2750 | DETACHD | 1-3PM |
| 18096 Pilkington RD | $599,900 | 3 | 2.1 | 3182 | DETACHD | 1-3PM |
| 720 MAPLE ST | $689,000 | 3 | 2.1 | 3966 | DETACHD | 1-3PM |
| 4767 DOGWOOD DR | $699,999 | 4 | 2.1 | 3964 | DETACHD | 2-4PM |
| 329 10TH ST | $950,000 | 4 | 2.1 | 3647 | DETACHD | 1-3PM |
October 2012
Here are some Market Notes for You~
You’ve probably heard that market activity all around Portland is picking up, and Dianne and I are certainly experiencing it. 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 October, 2012. “At 2,103, closed sales were 42.7% higher than October 2011 sales of 1,474, and 11% higher than closed sales in Sept. 2012.
- “This was the best October since 2006 for Pending and Closed sales.”
- The average sale price year-to-date ($273,400) rose 3.7% over the same period last year,
- ***AND… Total time on the market has dropped by 21% from 144 to 102 days.
For our Property Blotter readers, the combined area of Lake Oswego and West Linn reported:
- 604 Active Listings
- 167 New Listings
- 120 Pending Sales
- 135 Closed Sales
- An average Sale Price of $475,600.
- Average Time on the Market: 108 Days
Last week there were 9 New on the market, 11 Pending and 19 Sold:
See below for further details on last week’s Market Activity:
NEWLY LISTED (Nov 26-Dec 2, 2012)
| Address | Type | Price | BR | Bths | SF |
| 5059 Foothills Dr F | Condo | $165,000 | 2 | 2 | 997 |
| 1237 Hallinan Circle | Detached | $269,900 | 4 | 2 | 1284 |
| 1288 Rockinghorse Ln | Detached | $382,500 | 3 | 2 | 1742 |
| 17002 Crestview Dr | Detached | $395,000 | 3 | 2.5 | 2163 |
| 4102 Chad Dr | Detached | $672,000 | 4 | 2.5 | 3054 |
| 837 6th St | Detached | $735,000 | 4 | 2.5 | 2420 |
| 13070 Fielding Rd | Detached | $1,295,000 | 2 | 1 | 828 |
| 18137 Meadowlark Ln | Detached | $1,350,000 | 4 | 4.5 | 5935 |
| 17900 Crestline Dr | Detached | $1,699,000 | 5 | 3.5 | 4738 |
PENDING SALES (Nov 26- Dec 2,2012 2012)
| Address | Type | Price | BR | Baths | SF | DOM |
| 4450 Thunder Vista Ln | Condo | $145,000 | 2 | 2.5 | 2040 | 148 |
| 3787 Lanewood St | Detached | $245,000 | 3 | 2 | 1300 | 214 |
| 4270 Oakridge Rd | Detached | $275,000 | 2 | 1 | 978 | 143 |
| 36 Nova Ct | Detached | $360,000 | 4 | 2.5 | 2256 | 20 |
| 2550 Greentree Rd | Detached | $404,900 | 4 | 3 | 2852 | 50 |
| 3838 Rivers Edge Dr | Detached | $498,900 | 4 | 2.5 | 2806 | 57 |
| 5193 Denton Dr | Detached | $635,000 | 4 | 2.5 | 3076 | 114 |
| 1 Dover Way | Detached | $799,000 | 4 | 3 | 3559 | 32 |
| 8 Dover Way | Detached | $975,000 | 6 | 4.5+.5 | 6244 | 89 |
| 18202 Bella Terra Dr | Detached | $994,900 | 4 | 3.5 | 3863 | 454 |
| 2092 Summit Dr | Detached | $1,295,000 | 4 | 4.5 | 4441 | 289 |
SOLD (Nov 26- Dec 2,2012)
| Address | Type | List Price | Closed Price | Sq Ft | CDOM |
| 350 Cervantes Circle 1-E | Condo | $114,500 | $105,000 | 912 | 24 |
| 4000 Carman Dr #107 | Condo | $159,900 | $110,000 | 1032 | 229 |
| 167 Oswego Summit | Condo | $147,000 | $147,000 | 1506 | $15 |
| 5225 Jean Rd #313 | Condo | $159,900 | $153,500 | 1200 | 10 |
| 213 Oswego Summit #213 | Condo | $185,000 | $160,000 | 1383 | 105 |
| 18350 Tualata Ave | Detached | $234,900 | $200,000 | 996 | 70 |
| 18055 Central Ave | Detached | $191,565 | $248,100 | 1202 | 10 |
| 4765 Firwood Rd | Detached | $300,000 | $283,000 | 1728 | 51 |
| 12510 SW 27th Pl | Detached | $349,900 | $325,000 | 2484 | 168 |
| 1690 Fircrest Ct | Detached | $429,900 | $405,000 | 2718 | 48 |
| 18140 Pioneer Ct | Detached | $430,000 | $415,000 | 2537 | 167 |
| 29 Spinosa | Detached | $549,999 | $475,000 | 3254 | 789 |
| 5677 Bonita Rd | Detached | $600,000 | $500,000 | 3603 | 265 |
| 19313 Riverwood Ln 2west | Detached | $620,201 | $620,201 | 3367 | 0 |
| 1918 Indian Trail | Detached | $695,000 | $650,000 | 3090 | 215 |
| 1799 Atherton Dr | Detached | $699,900 | $725,000 | 6280 | 18 |
| 17680 Blue Heron Dr | Detached | $800,000 | $725,000 | 3070 | 85 |
| 750 Terrace Dr | Detached | $899,000 | $850,000 | 3569 | 106 |
| 2805 Southshore Blvd | Detached | $899,000 | $855,000 | 2619 | 106 |
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
The chilly air and even Thankgiving Weekend aren’t stopping real estate activity in Lake Oswego! It is a myth that real estate does not sell in the winter. Though there were not many houses on tour Sunday, I had tons of traffic through my Devon Lane listing & our phones are ringing, as they do every holiday season. As the report shows, we have our usual winter slowing, but activity is steady. There are some really great homes out there, and people are on the hunt!
Last week there were 6 New on the market, 12 Pending and 9 Sold:
See below for further details on last week’s Market Activity:
NEWLY LISTED (Nov 19-25, 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 3190 DUNCAN DR | $324,900 | 3 | 2.1 | 2401 | DETACHD |
| 5324 LOWER DR | $345,000 | 3 | 2.1 | 2034 | DETACHD |
| 1830 CLOVERLEAF RD | $355,000 | 3 | 2 | 1795 | DETACHD |
| 17065 Tualatin ST | $578,950 | 3 | 2.1 | 2733 | DETACHD |
| 17614 BLUE HERON RD | $889,000 | 4 | 3 | 3150 | DETACHD |
PENDING SALES (Nov 19-25,2012 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 16006 KIMBALL ST | $179,000 | 2 | 1 | 500 | RES-MFG | 27 |
| 16060 INVERURIE RD | $225,000 | 3 | 2 | 1458 | DETACHD | 19 |
| 18444 TUALATA AVE | $259,000 | 3 | 2 | 1192 | DETACHD | 206 |
| 5099 GALEN ST | $269,900 | 4 | 2.1 | 2246 | DETACHD | 60 |
| 668 McVey #72 | $274,900 | 3 | 1.1 | 1184 | CONDO | 76 |
| 36 AQUINAS ST | $324,900 | 3 | 2 | 1606 | DETACHD | 66 |
| 18238 TERRY AVE | $359,000 | 3 | 2.1 | 1570 | DETACHD | 43 |
| 17423 OAK MEADOW LN | $425,000 | 3 | 2.1 | 3125 | DETACHD | 141 |
| 15840 FIR GROVE CT | $449,900 | 4 | 2.1 | 2666 | DETACHD | 109 |
| 14003 CHELSEA DR | $550,000 | 4 | 2.1 | 3270 | DETACHD | 248 |
| 1864 CAMPUS WAY | $668,999 | 5 | 4 | 4142 | DETACHD | 2 |
| 1943 INDIAN TRAIL | $799,000 | 3 | 2.1 | 2960 | DETACHD | 6 |
SOLD (Nov 19-25,2012)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4000 CARMAN DR #39 | $104,500 | $98,000 | 2 | 2 | 866 | CONDO | 210 |
| 19163 TERRY AVE | $409,000 | $367,500 | 4 | 2 | 2149 | DETACHD | 69 |
| 14 MONTICELLO DR | $374,900 | $369,900 | 3 | 2 | 2766 | DETACHD | 1177 |
| 16439 LEXINGTON CT | $464,900 | $440,000 | 2 | 2 | 1563 | DETACHD | 99 |
| 16855 FERNWOOD DR | $449,900 | $445,000 | 3 | 3 | 2735 | DETACHD | 86 |
| 17975 RIDGE LAKE DR | $497,900 | $461,000 | 4 | 2.1 | 2727 | DETACHD | 15 |
| 1010 HOODVIEW LN | $599,000 | $575,000 | 4 | 3 | 3001 | DETACHD | 195 |
| 1033 NORTHSHORE RD | $819,000 | $757,500 | 3 | 2 | 2976 | DETACHD | 172 |
| 2180 PRESTWICK RD | $1,200,000 | $1,000,000 | 3 | 1.1 | 2391 | DETACHD | 87 |
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
On this Thanksgiving Weekend there are TWO houses being held Open according to RMLS.
One is a listing of mine on Devon Lane. Stop by and say Hi! We have afternoon clearing predicted, so Mt. Hood and Mt Adams… not to mention the entire valley will be on display : )
| Address | L/Price | # Beds | # Baths | Total SF | Style | Time |
| 3190 DUNCAN DR | $324,900 | 3 | 2.1 | 2401 | DETACHD | 1-3PM |
| 979 DEVON LN | $397,000 | 4 | 3.1 | 2162 | DETACHD | 1-4PM |
Dianne and I want to take a moment to thank all of our loyal Property Blotter readers and clients for the confidence and support for our work that you’ve shown through the years. On a day like today, we are humbled and grateful for so many things, and YOU rank high on the list : )
Sometimes I go on and get all sappy with you on Thanksgiving (that’s just me…. I get emotional when I think of all the things I have to be grateful for!), but this year I’m going to let someone else pull the heartstrings. I’m attachiing a photo and poem from my friend and poet, Sean Reynolds:
I wish you all;
Pale hills under a yellow moon
amber leaves on dark green lawns
a welcomed chill in the morning air
cartoon balloons and sweet potatoes
with little marshmallows and football
…
and family and children’s fingers adorned
with olives and naps on the sofa after
wine and pie and laughter—sr
May each of you experience a day of Peace, Abundance, and Love.
Happy Thanksgiving,
Linda & Dianne