Tag: selling a home in Lake Oswego

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Market Activity June 9-15, 2014

It’s been another strong week for real estate in Lake Osweago.

Here is your Latest Market Data: Last week in Lake Oswego we saw 25 New properties enter the market, 24 move to Pending status, and 23 “Closed”/Sold. Following is the breakdown according to RMLS:

New on the Market (June 9-15, 2014)

Address Type Price BR Bths SF
18 Oswego Summit Condo $74,000 1 1 765
111 Touchstone Terrace Attached $249,900 2 2 1341
5720 Kenny St Detached $299,900 3 2 1416
4291 Woodside Circle Attached $339,000 3 2 2026
880 Boca Ratan Dr Detached $389,900 5 3 2364
1716 Hallinan St Detached $399,000 4 3 1872
16998 Greentree Ave Detached $409,900 4 2.5 2392
43 Aquinas St Detached $449,000 3 2.5 1936
1440 Cherry Crest Ave Detached $459,900 3 2.5 1938
811 Sunny Hill Dr Detached $499,999 4 3 2964
876 Sunny Hill Dr Detached $519,000 4 2.5 2164
18212 Indian Creek Dr Detached $549,900 4 2.5 2251
4736 Lakeview Blvd Detached $584,900 5 3.5 2838
14167 Edenberry Dr Detached $659,000 4 2.5 2851
551 2nd St Condo $660,000 2 2 1631
2131 Wembley Park Rd Detached $675,000 4 2.5 3228
5005 Dogwood Dr Detached $819,000 4 3.5 4068
5435 Washington Ct Detached $824,900 4 3.5 3318
841 Northshore Rd Detached $949,850 3 3 2388
13711 Fielding Rd Detached $995,000 4 5 4649
925 Iron Mountain Blvd Detached $1,095,000 4 3.5 3555
17471 Cardinal Dr Detached $1,369,000 5 3.5 3181
16775 Graef Circle Detached $1,450,000 3 2.5 2448
1777 Atherton Dr Detached $1,595,000 6 4.5+.5+.5 6033
16655 Maple Circle Detached $2,200,000 4 4.5 3228

Pending Sales (June 9-15, 2014)

Address Type Price BR Baths SF DOM
44 Eagle Crest Dr #37 Condo $131,900 2 1 908 57
3884 Botticelli St #34 Condo $155,000 2 1.5 1132 88
5225 Jean Rd #506 Condo $159,900 2 2 1100 7
4047 Jefferson Pkwy Condo $172,500 3 2.5 1228 3
6360 McEwan Rd Detached $275,500 3 1.5 1450 5
5875 Kenny St Detached $299,900 3 1 1113 3
18275 TerryCt Detached $319,000 3 1.5 1270 23
5172 Lakeview Blvd Detached $379,500 3 2 1438 42
17270 Bryant Rd Detached $384,900 3 3 2619 1
5365 Lakeview Blvd Detached $395,000 4 2.5 1754 1
1710 Meadows Dr Detached $399,900 3 2 1677 56
4711 Rembrandt Ln Detached $399,900 3 2.5 2050 36
708 Sunny Hill Dr Detached $479,900 3 2 1977 33
2 Morningview Circle Detached $489,000 3 2.5 2954 4
4 Camelot Ct Detached $499,900 5 3 3344 115
363 6th St Attached $559,900 3 3.5 2258 218
17350 Canyon Dr Detached $634,900 6 3.5 3488 107
18717 Pilkington Rd Detached $674,900 4 2.5 2684 48
15578 Village Dr Detached $889,000 3 2.5 3630 19
630 8th St Detached $979,000 4 2.5 2832 132
18000 Sarah Hill Ln Detached $999,999 4 2.5 3280 31
18325 Crestline Dr Detached $1,240,000 5 4 5418 74
752 8th ST Detached $1,250,000 4 3.5 4550 53
3140 Childs Rd Detached $1,950,000 5 5.5 6449 145

Sold (June 9-15, 2014)

Address Type List Price Closed Price Sq Ft CDOM
13060 Elk Rock Rd A Detached $175,000 $100,000 502 87
4465 Golden Ln Attached $249,900 $236,000 1996 39
16231 Parker Rd Detached $289,000 $292,000 1549 3
772 Lake Forest Dr Detached $377,500 $367,500 888 4
1290 Hide A Way Ln Detached $400,000 $400,000 2530 5
17151 Campus Way Detached $419,000 $407,000 2418 14
824 Evergreen Rd Detached $465,000 $443,750 1420 14
29 Del Prado St Detached $459,900 $445,000 2972 14
1551 Woodland Terrace Detached $468,000 $459,000 2712 40
4908 Hastings Dr Detached $489,750 $465,000 2096 47
1430 Woodland Terrace Detached $469,000 $469,000 3162 49
53 Touchstone Detached $525,000 $525,000 2,740 7
18060 Cardinal Dr Detached $529,900 $529,900 2547 20
1428 Pine St Detached $550,000 $530,000 2736 93
2401 Glen Haven Rd Detached $535,000 $545,000 2779 15
4303 Sundew Ct Detached $599,000 $560,000 3355 21
1830 Cloverleaf Rd Detached $598,000 $589,000 1857 56
16589 Woodsman Ct Detached $749,000 $749,000 5,113 12
14110 Goodall Rd Detached $995,000 $970,000 3945 132
1475 Skyland Dr Detached $1,000,000 $975,000 3695 132
18025 Skyland Circle Detached $1,199,000 $1,095,000 5379 228
16777 Phantom Bluff Detached $1,400,000 $1,135,000 5045 326
1793 Atherton Dr Detached $1,595,000 $1,280,000 6500 327

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

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News & Notes

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:

The latest numbers show robust activity in Portland and the Lake Oswego/West Linn areas for May.

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

  • At 2,483, May Closed Sales rose 15.9% from April’s 2,143, but were down 7.4% from 2,682 in May 2013.
  • There were 4,192 New Listings in May... 15.5% higherer than April’s 3,629, and also up 9.4% from May 2013 when there were 3,833.
  • The Average Sale Price in May was $335,300, up $2,700. from April’s $332,600.
  • May Pending Sales (accepted offers) were up 5.8% from April to 2,989, and/but just up .4% from May 2013.

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

    • 515 Active Listings
    • 256 New Listings
    • 161 Pending Sales
    • 139 Closed Sales
    • An average Sale Price of $532,100.
    • Average Time on the Market: 74 Days
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Market Activity ~ June 2-8, 2014

Very strong Activity. The Realtors and Inspectors are busy. Note the Pending totals.

Here is your Latest Market Data: Last week in Lake Oswego we saw 19 New properties enter the market, 35 move to Pending status, and 15 “Closed”/Sold. Following is the breakdown according to RMLS:

NEW on Mkt (June 2-8, 2014)

Address List Price # Beds # Baths Total SF Prop Type
15938 QUARRY RD #B5 $144,500 2 1 996 CONDO
5225 JEAN RD #506 $159,900 2 2 1100 CONDO
4047 JEFFERSON PKWY $172,500 3 2.1 1228 CONDO
3956 CARMAN DR $199,900 2 2.1 1107 ATTACHD
16200 Pacific HWY #21 $269,000 2 2 1190 CONDO
6360 MCEWAN RD $275,500 3 1.1 1450 DETACHD
5950 HARRINGTON AVE $298,000 3 1 960 DETACHD
17460 SCHALIT WAY $417,500 4 3 2190 DETACHD
550 2ND ST $419,995 2 1.2 1558 CONDO
3351 FIR RIDGE RD $435,000 3 2 1770 DETACHD
28 WESTRIDGE DR $449,900 3 2.1 2580 DETACHD
2 MORNINGVIEW CIR $489,000 3 2.1 2954 DETACHD
14318 MEADOW GRASS ST $495,000 3 2.1 2326 DETACHD
16901 LAKERIDGE DR $545,000 4 3 2080 DETACHD
1282 HIDE A WAY LN $560,000 5 3 3300 DETACHD
14480 KRUSE OAKS BLVD $999,800 4 3.1 4661 DETACHD
17680 WOODHURST DR $1,095,000 5 3.1 5478 DETACHD
14050 Goodall RD $1,699,000 5 4.2 6834 DETACHD
1210 CHANDLER RD $3,195,000 4 5.2 7668 DETACHD

PENDING SALES (June 2-8, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
206 RIDGEWAY RD $149,000 1 1 778 CONDO 1
45 EAGLE CREST DR $155,000 2 1.1 1308 CONDO 3
5054 FOOTHILLS DR #C $239,000 3 2 1252 CONDO 245
53 GREENRIDGE CT $260,000 3 2 1646 ATTACHD 24
12731 19TH AVE $349,900 3 2 2020 DETACHD 75
1044 OBRIEN ST $387,500 3 2 1902 DETACHD 9
4411 LAKEVIEW BLVD $395,000 3 2 1828 DETACHD 6
16 POLONIUS ST $419,000 3 2.1 2588 DETACHD 48
2660 LOOKOUT CT $469,000 4 3 2565 DETACHD 90
15443 MEADOWLARK CT $469,000 3 2 1872 DETACHD 1
17095 REBECCA LN $469,900 4 3 2379 DETACHD 82
12 MOZARTEUM CT $495,000 4 2.1 2915 DETACHD 10
2388 OVERLOOK DR $499,977 4 3 2765 DETACHD 65
18 MORNINGVIEW CIR $540,000 3 2.1 2931 DETACHD 64
4728 LAKEVIEW BLVD $574,900 5 3.1 2838 DETACHD
15644 FIELDSTONE DR $575,000 3 2.1 2588 DETACHD 56
201 RIDGEWAY RD $589,000 2 1 2327 DETACHD 86
4582 HASTINGS PL $599,900 4 2.1 2640 DETACHD 5
2478 MARYLVIEW CT $619,000 4 3 3526 DETACHD 2
577 LAUREL ST $629,900 4 3.1 2747 DETACHD 45
18283 LOTHLORIEN WAY $639,500 4 3 3015 DETACHD 16
117 FURNACE ST $659,000 2 2.1 1885 CONDO 45
14246 KIMBERLY CIR $669,000 4 2.1 3520 DETACHD 1
13437 PROVINCIAL HILL WY $675,000 4 2.1 2864 DETACHD 8
13300 FOX RUN $699,900 4 2.1 4484 DETACHD 60
5626 GRAND OAKS DR $715,500 4 3.1 3387 DETACHD 15
16757 FORD PL $725,000 4 3 3150 DETACHD 62
3766 RIVERS EDGE DR $729,900 3 3 3404 DETACHD 13
2560 BREE CT $738,000 5 3.1 3788 DETACHD 23
2671 GLEN EAGLES RD $850,000 3 3 4019 DETACHD 24
3900 CANAL RD $897,950 4 3.1 3759 DETACHD 40
4311 UPPER DR $947,500 5 3.1 5051 DETACHD 87
17342 RIDGEVIEW CT $1,250,000 4 3.1 4240 DETACHD 294
17353 CANAL CIR $1,395,000 5 4 3329 DETACHD 336
263 NORTHSHORE RD $1,598,000 5 3 3684 DETACHD 88

SOLD (June 2-8, 2014)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
225 CERVANTES $135,000 $139,000 2 1.1 1216 CONDO 2
4 TOUCHSTONE #69 $163,500 $162,500 3 2.1 1351 CONDO 28
5059 FOOTHILLS DR #105 $185,000 $182,500 2 2 991 CONDO 0
5213 ROSEWOOD ST $379,900 $374,900 3 2.1 1934 DETACHD 76
16775 WESTVIEW DR $375,000 $380,000 3 2.1 1830 DETACHD 56
15201 CANDLEWOOD CT $450,000 $405,000 3 3 2755 DETACHD 406
1831 KILKENNY DR $449,500 $445,000 5 3 2597 DETACHD 34
14920 TWIN FIR RD $739,000 $475,000 3 1.1 1530 DETACHD 284
1 BRITTEN CT $499,900 $499,000 4 3 2327 DETACHD 51
4264 WESTBAY RD $549,000 $549,900 3 2 1308 DETACHD 16
13528 TWIN CREEK LN $689,900 $665,000 4 3.1 3171 DETACHD 88
832 HOODVIEW LN $750,000 $760,000 4 2 2462 DETACHD 16
6011 CLAIRMONT CT $775,000 $775,000 4 2.1 2969 DETACHD 0
3727 UPPER DR $1,000,000 $965,000 3 3.1 4731 DETACHD 74
705 TERRACE DR $1,795,000 $1,700,000 4 3.1 3686 DETACHD 397

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

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LO Adult Community Center

sign_002I think a well rounded community has services for all citizens, regardless of their age. It goes without saying that nearly every community has public schools and parks. The youth tend to be very well served. However, that is not always the case for our senior citizens. In Lake Oswego, great effort has been made to engage our seniors and the heart of this program is the Lake Oswego Adult Community Center.

Located at 505 G Avenue, in Lake Oswego’s First Addition, the center is open Monday thru Friday from 8:00am to 9:00pm. The programs and services are for those in the community who are 50 years of age and older.

What will you find?

Lunch is served Monday, Wednesday, and Friday at noon. Delicious hot meals are served for a suggested donation of $4-5. Looking at the June menu, I found chicken, pork, salmon, salad, veggies, and deserts. It a generous meal with all of the fixings.

Friday is movie day every week at 1:00pm.

Lots of classes are offered including fitness, zumba, knitting, painting, meditation, line dance, computers and technology.

Groups meet regularly to enjoy Bridge, Mah Jongg, hiking, pinochle, and scrabble.

There are support groups for arthritis, caregiving, diabetes, and the widowed.

Services are offered to aid with income tax preparation and there is a respite program for those dealing with memory loss, Parkinsons, and stroke.

I have personally taken advantage of the assisted living equipment. Just drop in, fill out an application, and the equipment is free. I occasionally check out a transportation wheel chair for my Mom. She does not need a full-time wheelchair. But we occasionally do longer outings and having one to use enable both of us to see and do more.

shuttle_busThe transportation program is amazing. Monday, Wednesday and Friday a bus is sent around town to collect those who no longer drive. It is a door-to-door service that picks them up and brings them to the center for lunch and drops them back home in the afternoon. This is done for a suggested donation of $1.

I think the Adult Community Center in Lake Oswego is pretty amazing. Aging is a challenge. Staying active, both socially and physically, is important. I want to encourage you, if you are 50+ years young, to take advantage of the ACC. And if you are not there yet, consider telling your friends and neighbors about it.

Enjoy!
Dianne

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Market Activity May 26-June 1, 2014

Last week was an extremely balanced real estate market in Lake Oswego with 21 New Listings, 22 that went to pending status, and 22 sold/closed. Congratulations to the sellers at 3232 Lakeview Blvd who sold their lake front home after 1113 days on the market! Following is the breakdown according to RMLS:

New on the Market (May 26-June 1, 2014)

Address Type Price BR Bths SF
3433 Mcnary Pkwy #802 Condo $209,500 2 2.5 1136
77 Condolea Way Condo $320,000 3 3 2143
15364 Twin Fir Rd Detached $375,000 3 2 1608
200 Burnham Rd #210 Condo $449,900 3 2 1966
7 Windsor Ct Detached $495,000 5 2.5 2728
12 Mozrteum Ct Detached $495,000 4 2.5 2915
16943 Greentree Ave Detached $499,000 4 3.5 2433
27 Da Vinci St Detached $499,027 4 3 2940
3718 Lake Grove Ave Detached $500,000 4 3 2523
1765 Conifer Dr Detached $524,888 4 2.5 2334
23 Touchstone Detached $525,000 5 4 3144
11 Juarez St Detached $595,000 4 2.5 2551
877 Cornell St Detached $669,900 3 3 3100
13437 Provincial Hill Way Detached $675,000 4 2.5 2864
1603 Bay View Ln Detached $849,000 4 2.5 3650
927 10th St Detached $949,900 4 2.5 2780
16359 Chapin Way Detached $1,250,000 4 3.5 4158
2445 Glenmorrie Dr Detached $1,479,900 4 5 5187
1103 Lake Shore Rd Detached $1,498,500 4 3 3747
16865 Greenbriar Rd Detached $2,988,897 5 5 6235
16697 Maple Circle Detached $4,295,000 4 3.5 3146

Pending Sales (May 26-June 1, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #106 Condo $119,900 2 2 984 2
109 Oswego Summit Condo $149,900 2 2 1212 34
198 Cervantes Attached $229,000 2 1.5 1266 26
23 Bloch Terr Attached $269,000 2 2 1394 45
12 Saint Helens Circle Detached $324,900 3 2.5 2022 98
18004 Belmore Ct Detached $349,900 3 2 1410 2
790 Laurel St Detached $379,850 3 2 2040 5
4956 Galen St Detached $399,999 4 2.5 2431 45
13911 Shireva Dr Detached $414,900 4 2 1835 2
524 2nd St Condo $420,000 2 2.5 1547 0
4747 Upper Dr Detached $450,000 3 1 2046 55
13053 Sierra Ct Detached $464,900 4 2.5 2215 87
1858 Southshore Blvd Detached $465,000 4 2 2068 45
1731 Highland Dr Detached $469,000 4 2 2636 21
5189 Coventry Ct Detached $495,000 3 2.5 1936 21
3601 Red Cedar Way Detached $507,000 4 2 2226 86
4 Churchill Downs Detached $509,500 4 3.5 3188 1
4900 Upper DR Detached $549,000 3 2 2468 6
4264 Westbay Rd Detached $549,900 3 2 1308 16
340 8th St Detached $589,000 3 2 2038 14
5184 Woodcrest Ln Lot 1 Detached $639,900 4 2.5 2935 161
3130 Douglas Circle Detached $1,448,000 4 3.5 3970 75

Sold/Closed (May 26-June 1, 2014)

Address Type List Price Closed Price Sq Ft CDOM
78 Galen St Condo $139,000 $135,000 995 5
5052 Foothills Dr E Condo $249,900 $240,000 1252 7
1728 Boca Ratan Dr Attached $275,000 $272,000 1393 7
39 Greenridge Ct Attached $270,000 $275,000 1,664 7
5766 Langford Ln Detached $379,500 $340,000 1327 53
46 N Condolea Ct Condo $357,000 $345,000 2958 76
18307 Longfellow Ave Detached $359,900 $348,500 1440 12
6150 Kenny St Detached $465,000 $365,000 1989 12
14150 Goodall Rd Detached $374,900 $374,900 1565 3
4677 Oakridge Rd Attached $424,900 $424,200 1738 3
5063 Greensborough Ct Detached $425,000 $440,000 1647 2
2766 Greentree Rd Detached $499,500 $450,000 2,753 251
3102 Duncan Dr Detached $529,000 $480,000 3910 22
4910 Lower Dr Detached $529,900 $499,900 2151 376
3801 Olson Ct Detached $469,900 $515,000 3014 5
16198 Nola Ct Detached $598,950 $603,950 2425 26
17532 Oak Meadow Ln Detached $669,000 $635,000 3046 42
13555 Fielding Rd Detached $749,900 $680,000 3,656 112
18112 Westminster Dr Detached $750,000 $690,000 4391 164
5112 Woodcrest Ln Detached $799,900 $768,000 3340 27
1221 Forest Meadows Way Detached $1,200,000 $1,000,000 4150 325
3232 Lakeview Blvd Detached $6,300,000 $2,250,000 7000 1113

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

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Tips and Tidbits

HandyHomeHome Repairs – When a house is in the middle of a transaction, does the Seller need to utilize licensed, bonded contractors to effect repairs that have been agreed upon? Yes! (Gold Star : ) Why? Well… there are several reasons- 1) It’s Oregon State Law when you’re in the middle of a real estate transaction. 2) It may state so in the Addendum you all signed (I always put it in there to make sure everyone is clear) or it is embedded in the current OREF Buyers Repair Addendum. 3) It just makes sense… for the Buyer and the Seller. Why? Well:
* Buyers: Licensed, bonded contractors typically know what they’re doing. We assume that’s how they got licensed and bonded. True, you can have someone who is not licensed and bonded do minor repairs in theory, and maybe come out OK, but what if someone, say, believes that really “pressure-washing” a roof is how to get moss off (too much pressure will, I’m told, wash the crystals off the roof tiles that actually cause them to be effective…), or thinks it’s OK to pour concrete directly up against the wood structure or siding of the house (it’s not OK: How Not To ) or thinks they know enough to do the “minor” wiring called for in the Addendum ummm…(safety first… common sense…).
So. if you’re the Buyer, and work was done that you realize was not done well AFTER you’ve already moved in (This is not good, by the way…you should always do a walk-through prior to close. But occasionally unsafe or shoddy work will not be noticeable till later), you can at least call the contractor up and address that with them and have a leg to stand on if they are licensed and bonded.
* Sellers: In light of what I mention above, wouldn’t you rather have had a licensed, bonded contractor perform repairs on your transaction? Its not about relinquishing responsibility for making sure repairs are done properly, but rather about making sure the contractors you choose can actually back it up, and take responsibility themselves for the work they’ve done.

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Market Activity ~ May 19 – 25, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 28 New properties enter the market, 23 move to Pending status, and 19 “Closed”/Sold. Following is the breakdown according to RMLS:

NEW on Mkt (May 19-25, 2014)

Address List Price # Beds # Baths Total SF Prop Type
16250 PACIFIC HWY #47 $195,900 2 1 1305 CONDO
210 S STATE ST #7 $265,000 2 2 1284 CONDO
1720 BONNIEBRAE DR $287,500 2 2 1611 ATTACHD
6138 SW KENNY ST $319,000 3 1.1 1190 DETACHD
18275 TERRY CT $319,000 3 1.1 1270 DETACHD
5100 UPPER DR $374,000 2 1 956 DETACHD
139 DEL PRADO ST $429,000 4 2 2967 DETACHD
3777 DIVISION CT $440,000 3 2 1700 DETACHD
2822 ORCHARD HILL PL $469,900 3 2.1 2806 DETACHD
4900 UPPER DR $549,000 3 2 2468 DETACHD
2251 HILLSIDE DR $598,000 4 3 3467 DETACHD
16158 INVERURIE RD $614,900 3 2.1 2744 DETACHD
19201 MEGAN PL $665,000 4 2.1 2971 DETACHD
17303 GRANDVIEW CT $675,000 4 3.1 3661 DETACHD
4105 WOOD HILL CT $675,000 4 3 3154 DETACHD
827 5TH ST $689,000 3 2 2124 DETACHD
5955 SUNBROOK DR $699,999 4 3 3110 DETACHD
5626 GRAND OAKS DR $715,500 4 3.1 3387 DETACHD
3766 RIVERS EDGE DR $729,900 3 3 3404 DETACHD
4076 ORCHARD DR $759,000 4 3.1 3991 DETACHD
15578 VILLAGE DR $889,000 3 2.1 3630 DETACHD
17410 UPPER CHERRY LN $898,000 4 3.2 4586 DETACHD
16161 PARELIUS CIR $899,900 4 2.1 4018 DETACHD
2065 RIDGE POINTE DR $965,000 6 4 4790 DETACHD
16809 QUAIL CT $1,000,000 5 3.1 4425 DETACHD
17643 KELOK RD $1,198,000 4 2.1 2390 DETACHD
18225 RIVER EDGE CT $1,725,000 6 4.3 6568 DETACHD
13710 KNAUS RD $1,995,000 4 4.2 5780 DETACHD

PENDING SALES (May 19-25, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
52 OSWEGO SMT $63,500 1 1 700 CONDO 434
4 TOUCHSTONE #104 $128,000 3 2.1 1351 CONDO 50
86 KINGSGATE RD #B103 $136,500 2 2 924 CONDO 55
4948 CHILDS RD $279,000 3 1 1480 DETACHD 9
2803 ORCHARD HILL PL $369,900 3 2.1 1749 DETACHD 5
5675 CHILDS RD $374,950 2 2.5 1663 DETACHD 4
15115 TWIN FIR RD $409,900 3 2 1392 DETACHD 110
13134 VERMEER DR $412,000 3 2.1 1972 DETACHD 4
2762 VALE CT $419,500 3 2.1 2709 DETACHD 59
257 C AVE $449,000 4 2 1600 DETACHD 23
5498 YORKSHIRE PL $462,000 3 2 1911 DETACHD 68
1551 WOODLAND TER $468,000 4 2 2712 DETACHD 40
13378 PETERS RD $485,000 3 2.2 2355 DETACHD 279
4639 BLACK FOREST CT $499,000 4 2.1 2197 DETACHD 21
103 GARIBALDI ST $499,000 4 3.1 4000 DETACHD 930
15644 FIELDSTONE DR $575,000 3 2.1 2588 DETACHD 39
1132 TROON RD $585,000 3 2.1 1585 DETACHD 23
14250 AMBERWOOD CIR $650,000 4 2.1 2577 DETACHD 21
220 GREENWOOD RD $670,000 4 4 2742 DETACHD 20
5152 LAKEVIEW BLVD $795,000 4 2.1 3414 DETACHD 0
17353 CANAL CIR $1,395,000 5 4 3329 DETACHD 328
163 IRON MOUNTAIN BLVD $1,429,000 4 3.1 4314 DETACHD 103
705 TERRACE DR $1,795,000 4 3.1 3686 DETACHD 397

SOLD (May 19-25, 2014)

Address Open Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #87 $123,000 $118,000 2 2 984 CONDO 20
5225 Jean RD #404 $198,988 $187,300 3 2 1500 CONDO 7
1531 CEDAR ST $199,900 $250,000 2 1 832 DETACHD 6
12844 BOONES FERRY RD $274,900 $275,900 2 2.1 1152 CONDO 5
490 BOCA RATAN DR $279,900 $285,000 3 2 1887 DETACHD 419
2286 SW Wembley Park RD $319,900 $330,000 3 2 1300 DETACHD 8
19244 BENFIELD AVE $326,000 $347,000 3 2 1202 DETACHD 2
4490 LAKEVIEW BLVD $349,900 $355,000 3 2 1727 DETACHD 2
1115 OAK TER $400,000 $390,000 4 2.1 1880 DETACHD 0
3020 Brookside RD $499,000 $469,075 4 2 1926 DETACHD 110
4546 AUBURN LN $500,000 $472,500 3 3.1 2732 ATTACHD 22
3541 RED CEDAR WAY $539,000 $510,000 4 3 1964 DETACHD 152
5 ABELARD ST $529,000 $519,000 5 3 4660 DETACHD 16
2445 PARK RD $549,500 $530,000 5 3 3228 DETACHD 46
5523 ROYAL OAKS DR $549,000 $543,500 3 3 1871 DETACHD 0
2865 PARK RD $568,000 $582,000 4 2.1 3031 DETACHD 7
5746 CHARLES CIR $599,900 $605,000 4 2.1 2737 DETACHD 2
14559 PFEIFER WAY $698,950 $700,000 4 2.1 3356 DETACHD 3
2167 WEMBLEY PARK RD $1,199,000 $981,888 4 3.1 4015 DETACHD 34

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

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Eating Fresh and Local

departmental_banner_farmers_market_berries
With the bounty of summer upon us, it just got easier to eat farm fresh and local!

The Farmer’s Market has begun!
Running Saturday’s through October 11th, the market is located at Millennium
Plaza Park. You’ll find a huge variety from the 80 vendors: fresh produce, artisan cheeses, bakery goods, jams and jellies, fresh seafood, the list goes on and on.

I recommend you come hungry and take advantage of the vendors selling freshly made meals. A Vietnamese Bistro, the most scrumptious omelets around, pizza, coffee, baked goods, it’s a great place to find an amazing meal.

This market has a real sense of community. Besides eating and shopping, there is a kids corner, live entertainment from 10:30 to 12:30, and complimentary doggie daycare.

thumb_3581Fresh Produce Approved!
This last week the Lake Oswego City Council passed an ordinance that will allow fresh produce stands all over town. This was prompted by the closing of the Parson’s Produce stand on Carmen Drive. After 25 years the stand was closed due to construction of a new shopping area. It left a huge loss in the community that is now going to be quickly filled.

Produce stands are now allowed in otherwise commercial zoned areas in a size up to 800 square feet. I predict that not only will Parson’s quickly find a new location, but that other farm fresh groups will quickly set up shop as well.

This is fantastic! Strawberries, cherries, fresh corn, yum!

I am so looking forward to the summer months ahead,
Dianne

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Market Activity May 12-18, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 24 New properties enter the market, 22 move to Pending status, and 12 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (May 12-18, 2014)

Address Type Price BR Bths SF
40 Oswego Summit Condo $129,900 2 2 1140
45 Eagle Crest Dr #218 Condo $135,000 1 1 768
4 Cervantes Circle #7E Condo $144,000 2 1.5 912
4000 Carman Dr #9 Condo $154,900 2 2 866
76 Oswego Summit Condo $155,000 2 2 1212
4405 Thunder Vista Ln Condo $225,000 2 2.5 2002
1368 Boca Ratan Dr Attached $262,500 2 2 1611
4948 Childs Rd Detached $279,000 3 1 1480
16250 Pacific Hwy #36 Condo $300,000 2 2 1305
510 2nd St Condo $425,000 2 1.5+.5 1520
50 Condolea Ct Condo $425,000 2 2.5 2760
2195 Glenmorrie Ln Detached $535,000 3 2 2461
4264 Westbay Rd Detached $549,900 3 2 1308
2610 Glen Haven Rd Detached $550,000 5 3 3122
18283 Lothlorien Way Detached $639,500 4 3 3015
543 2nd St Condo $719,000 2 2 1816
2560 Bree Ct Detached $738,000 5 3.5 3788
2671 Glen Eagles Rd Detached $850,000 3 3 4019
4224 Lakeview Blvd Detached $875,000 3 2.5 2680
17900 Greenbluff Dr Detached $949,000 4 3.5 4210
18000 Sarah Hill Ln Detached $999,999 4 2.5 3280
13017 Knaus Rd Detached $1,275,000 4 3.5 4690
1633 Leslie Ln Detached $1,850,000 5 4.5 5921

Pending Sales (May 12-18, 2014)

Address Type Price BR Baths SF DOM
78 Galen St Condo $139,000 2 2 995 5
3988 Carman Dr Condo $174,900 2 2.5 1098 9
136 Kingsgate Rd Detached $345,000 3 2.5 1570 11
19220 Redwing Ct Detached $349,000 3 2 1647 3
66 Weatherstone Attached $359,000 4 3.5 2465 7
772 Lake Forest Dr Detached $377,500 2 1 888 4
9 Masaryk St Detached $399,900 3 3 2692 81
1290 Hide a Way Ln Detached $400,000 4 3 2530 5
4729 Lakeview Blvd Detached $430,000 3 2.5 2490 105
18491 Waxwing Circle Detached $435,000 4 2.5 1934 5
17488 Mardee Ave Detached $499,950 4 2.5 2168 45
6 Hillshire Dr Detached $525,000 5 3 3107 44
4867 Sage Hen Way Detached $532,500 4 2.5 2523 10
1428 Pine St Detached $534,900 3 3.5 2736 93
5657 Grand Oaks Dr Detached $569,900 3 2.5 2783 22
4713 Amherst Ct Attached $589,000 3 2.5 2980 8
1775 Palisades Terrace Detached $625,000 3 2.5 2112 7
4973 Hartford Pl Detached $649,900 5 3.5 3672 3
2757 Rivendell Rd Detached $734,900 4 3.5 3960 1
13529 Streamside Dr Detached $799,000 6 4.5 5415 2
13531 Fielding Rd Detached $849,000 4 3.5 4566 1
2943 Lakeview Blvd Detached $995,000 4 3 3794 321

Sold (May 12-18, 2014)

Address Type List Price Closed Price Sq Ft CDOM
12 Condolea Dr Condo $200,000 $200,000 1312 0
1796 Bonniebrae Dr Attached $319,000 $310,000 1782 17
4514 Lower Dr B3 Condo $318,000 $312,000 1644 17
1108 Cedar St Detached $315,000 $334,500 1,206 1
5644 Windfield Loop Detached $389,000 $400,000 1800 3
5650 Langford Ln Detached $469,000 $469,000 1837 3
1277 Rockinghorse Ln Detached $499,000 $475,000 2577 4
318 2nd St Attached $499,900 $505,000 2098 8
134 Del Prado St Detached $585,000 $585,000 3972 1
19067 Megan Pl Detached $620,000 $636,000 3400 9
12967 Rogers Rd Detached $775,000 $775,000 3945 0
1745 Southshore Blvd Detached $1,750,000 $1,690,000 5545 785

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

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News & Notes

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:

The numbers are in, and in the month of April 2014 in the Portland area is still going strong! Closed Sales, though only up slightly, were the best since 2007. According to the RMLS Market Action Report for the Portland Metro Area  April, 2014:

  • At 2,143, April Closed Sales rose 15.4% from March’s 1,857, and were up .8% from 2,125 in April 2013.
  • There were 3,629 New Listings in April... 17.4% higherer than March’s 3,090, and also up .2% from April 2013.
  • The Average Sale Price in April was $332,600, up $4,500. from March’s $328,100.
  • April Pending Sales (accepted offers) were up 11.5% from March at 2,825, and/but dropped 4.0% from April 2013.

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

    • 450 Active Listings
    • 211 New Listings
    • 56 Pending Sales
    • 108 Closed Sales
    • An average Sale Price of $565,400.
    • Average Time on the Market: 86 Days