Market Activity~May 5-11, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 22 New properties enter the market, 32 move to Pending status, and 12 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (May 5-11, 2014)

Address List Price # Beds # Baths Total SF Prop Type
3988 CARMAN DR $174,900 2 2.1 1098 CONDO
73 CONDOLEA WAY #73 $299,000 2 2 2131 CONDO
136 KINGSGATE RD $345,000 3 2.1 1570 DETACHD
66 WHEATHERSTONE $359,000 4 3.1 2465 ATTACHD
4470 CHAPMAN WAY $389,900 3 3 4250 DETACHD
4711 REMBRANDT LN $399,900 3 2.1 2050 DETACHD
18491 WAXWING CIR $435,000 4 2.1 1934 DETACHD
1731 HIGHLAND DR $473,900 4 2 2636 DETACHD
708 SUNNY HILL DR $495,000 3 2 1977 DETACHD
4867 SAGE HEN WAY $532,500 4 2.1 2523 DETACHD
4713 AMHERST CT (TWNHSE) $589,000 3 2.1 2980 ATTACHD
1286 LARCH ST $600,000 4 2.1 2410 DETACHD
4973 HARTFORD PL $649,900 5 3.1 3672 DETACHD
1585 PATTON RD $650,000 4 3 3167 DETACHD
5904 BAY POINT DR $729,750 4 2.1 3433 DETACHD
17911 HILLSIDE DR $749,900 4 3 3635 DETACHD
14183 TAYLORS CREST LN $749,999 4 2.1 3624 DETACHD
13529 STREAMSIDE DR $799,000 6 4.1 5415 DETACHD
15470 BOONES WAY $897,000 3 2.1 3515 ATTACHD
17230 FERNWOOD DR $898,000 5 4 4046 DETACHD
4333 HAVEN ST $999,900 5 4 3652 DETACHD
3411 LAKE GROVE AVE $1,098,000 4 3.1 4434 DETACHD

PENDING SALES (May 5-11, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
225 CERVANTES (Grnd) $135,000 2 1.1 1216 CONDO 2
46 CERVANTES CIR (Grnd) $150,000 2 1.1 912 CONDO 6
3884 BOTTICELLI ST #34 $165,000 2 1.1 1132 CONDO 52
4465 GOLDEN LN $229,900 2 2.1 1996 ATTACHD 39
490 BOCA RATAN DR $280,000 3 2 1887 DETACHD 419
16231 PARKER RD $289,000 4 1 1549 DETACHD 3
13 SAINT HELENS CIR $324,900 3 2.1 2022 DETACHD 76
4296 Sunset DR $359,000 3 2.1 1680 DETACHD 2
14074 SUNDELEAF DR $369,900 4 2.1 1760 DETACHD 7
1290 HIDE A WAY LN $400,000 4 3 2530 DETACHD 1
4677 OAKRIDGE RD $424,900 3 2.1 1738 ATTACHD 3
1831 KILKENNY DR $449,500 5 3 2597 DETACHD 34
12 PARTRIDGE LN $450,000 4 2.1 3309 DETACHD 152
29 DEL PRADO ST $459,900 4 2 2972 DETACHD 14
4908 HASTINGS DR $477,000 3 2.1 2096 DETACHD 47
3300 SOUTHSHORE BLVD $479,000 2 2.2 1162 DETACHD 297
14920 TWIN FIR RD $495,000 3 1.1 1530 DETACHD 284
4360 WESTBAY RD $498,000 4 3 2636 DETACHD 120
54 AQUINAS ST $509,900 4 2.1 2632 DETACHD 4
13152 VERMEER DR $525,000 3 2.1 2092 DETACHD 13
18060 CARDINAL DR $529,900 3 3.1 2547 DETACHD 20
885 LAKE FOREST DR $579,000 4 3 2186 DETACHD 186
4303 SUNDEW CT $599,000 4 2.1 3355 DETACHD 21
5767 SUNCREEK DR $679,000 4 3 3363 DETACHD 15
3 CREEKSIDE TER $699,000 4 3.1 4355 DETACHD 108
3109 DOUGLAS CIR $1,475,000 5 4.2 4880 DETACHD 7
1745 SOUTHSHORE BLVD $1,750,000 4 4.1 5545 DETACHD 785
2675 GLEN EAGLES RD $1,895,000 5 5 5609 DETACHD 291
980 EVERGREEN RD $2,195,000 5 5.2 5644 DETACHD 11
2926 LAKEVIEW BLVD $2,195,000 4 4.1 4902 DETACHD 290
3232 LAKEVIEW BLVD $2,590,000 5 5 7000 DETACHD 1113
3214 LAKEVIEW BLVD $3,990,000 4 5 5800 DETACHD 1119

SOLD (May 5-11, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4626 LOWER DR $99,000 $93,000 2 2 1260 CONDO 15
3433 MCNARY PKWY #206 $132,000 $126,000 2 2 1008 CONDO 162
1694 BONNIEBRAE DR $169,900 $170,000 2 1 864 CONDO 1
6397 MCEWAN RD $295,000 $284,000 3 2 1008 DETACHD 199
5559 ROYAL OAKS DR $468,950 $463,800 4 2.1 2105 DETACHD 10
1571 WOODLAND TER $479,000 $470,000 3 2 2400 DETACHD 164
2440 OVERLOOK DR $549,900 $519,500 4 3 3876 DETACHD 19
19524 RIVER RUN DR $638,950 $595,000 4 2.1 2630 DETACHD 271
18059 WESTMINSTER DR $645,000 $645,000 4 2.1 3214 DETACHD 2
18103 WESTMINSTER DR $699,900 $650,000 4 2.1 3344 DETACHD 241
2390 PALISADES CREST DR $900,000 $892,000 4 4 4823 DETACHD 21
13636 Goodall RD #Lot 2 $1,349,000 $1,399,000 4 4.1 4380 DETACHD 329

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

Featured Property: 109 Oswego Summit

109 Oswego Summit 011Oswego Summit is a community at the very top of Mountain Park. It features 2 swimming pools, one indoors and one out, along with exercise facilities and a meeting room. Remember that Mountain Park was one of the very first planned communities in the United States, and Oswego Summit is a jewel in the crown of Mt. Park.

109 Oswego Summit features 1212 square feet with 2 master suites, both with full baths and walk-in closets. The living room is large (17×21)and the kitchen has been updated. The entire home is tastefully decorated and move-in ready.

109 Oswego Summit 016Outdoor enjoyment includes a spacious deck with a storage closet. The condo also has its own detached, 1-car garage. Ample guest parking is located throughout the complex.

Along with belonging to Oswego Summit, this condominium is part of the Mt. Park Home Owner’s Association. This membership includes access to one of the finest recreation facilities in the Portland Metro area. Just a block away is the swim center, with both kids programs and adult-lap swimming, a basketball court, and a gym. In addition, there are 15 miles of walking paths. This is active living at its best!

Mt Park Swim Center
Mt Park Swim Center
Priced at $149,900, 109 Oswego Summit has so much to offer that is a combination of easy and active living. For more information, or to arrange an appointment to see this condo, please call Dianne at 503-803-6298.

Market Activity Apr28-May 4, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 16 New properties enter the market, 25 move to Pending status, and 11 “Closed”/Sold.

Following is the breakdown according to RMLS:

New Listings (Apr 28-May 4, 2014)

Address Type Price BR Bths SF
44 Eagle Crest Dr #38 Condo $129,000 1 1 798
46 Cervantes Circle Condo $150,000 2 2 912
16231 Parker Rd Detached $289,000 4 1 1549
14074 Sundeleaf Dr Detached $369,900 4 2.5 1760
5172 Lakeview Blvd Detached $384,900 3 2 1438
4639 Black Forest Ct Detached $499,000 4 2.5 2197
54 Aquinas St Detached $509,900 4 2.5 2632
3 Bolivar St Detached $584,900 4 3.5 4782
1015 Southshore Blvd Detached $634,900 4 3 3882
14250 Amberwood Circle Detached $650,000 4 2.5 2577
220 Greenwood Rd Detached $670,000 4 4 2742
16636 Maple Circle Detached $675,000 4 2 2030
100 Leonard St 4-1 Condo $839,900 2 2.5 2734
590 Oak Meadow Dr Detached $1,299,000 4 4.5 4673
3072 Lakeview Blvd Detached $1,450,000 5 5.5 4030
16829 Greenbrier Rd Detached $2,750,000 5 3.5 3927

Pending Sales (Apr 28-May 4, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #137 Condo $122,500 2 2 984 25
4 Touchstone #69 Condo $158,000 3 2.5 1351 28
198 Cervantes Attached $229,000 2 1.5 1266 1
23 Block Terrace Attached $269,000 2 2 1394 23
1728 Boca Ratan Dr Attached $275,000 3 2 1393 7
1108 Cedar St Detached $315,000 3 1.5 1206 1
1878 Mapleleaf Rd Detached $330,000 3 1.5 1347 22
12731 19th Ave Detached $349,900 3 2 2020 43
5766 Langford Ln Detached $356,000 2 2 1327 53
46 Condolea Ct Condo $357,000 3 3 2958 76
18307 Longfellow Ave Detached $359,900 3 2 1440 12
6150 Kenny St Detached $379,900 3 1.5 1989 88
915 Bullock St Detached $435,000 4 3 2986 249
53 Touchstone Detached $525,000 4 2.5 2740 7
99 Garibaldi St Detached $525,000 4 2.5 2626 12
5318 Coventry Ct Detached $540,000 4 2.5 2407 32
1132 Troon Rd Detached $585,000 4 2.5 2425 28
16198 Nola Ct Detached $598,950 4 2.5 2425 28
13528 Twin Creek Ln Detached $679,900 4 3.5 3171 88
3211 Westview Ct Detached $705,000 4 3.5 3325 287
17356 Bryant Rd Detached $724,900 3 3 3140 36
13581 Goodall Rd Detached $749,000 3 2 1220 174
13774 Melrose Pl Detached $788,950 4 4.5 4940 1
615 4th St Detached $899,000 3 2.5 392
18325 Crestline Dr Detached $1,240,000 5 4 5418 32

Sold/Closed (Apr 28-May 4, 2014)

Address Type List Price Closed Price Sq Ft CDOM
5063 Foothills Dr #14 Condo $184,900 $183,000 1050 68
1374 Boca Ratan Dr Attached $265,000 $266,690 1393 14
635 1st St Attached $289,900 $275,000 1100 7
2697 Lookout Ct Detached $419,000 $420,000 2,219 5
16311 Inverurie Rd Detached $597,000 $539,000 2047 127
17613 Woodhurst Pl Detached $649,000 $630,000 4622 75
14069 Edenberry Dr Detached $699,900 $699,900 3445 3
18982 Bryant Rd Detached $719,900 $710,000 3438 29
752 E Ave Detached $1,098,950 $922,500 2818 248
840 Evergreen Rd Detached $934,000 $934,000 2902 0
12 Dover Way Detached $1,588,000 $1,450,000 7658 5

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 ~ Apr 21-27, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 21 New properties enter the market, 17 move to Pending status, and 17 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (Apr 21-27, 2014)

Address List Price # Beds # Baths Total SF Prop Type
370 CERVANTES CIR $133,000 2 1 832 CONDO
109 OSWEGO SMT #109 $149,900 2 2 1212 CONDO
1728 BOCA RATAN DR $275,000 3 2 1393 ATTACHD
16 POLONIUS ST $434,900 3 2.1 2588 DETACHD
14584 WILMOT WAY $439,000 4 2.1 1939 DETACHD
29 DEL PRADO ST $459,900 4 2 2972 DETACHD
9 JUAREZ ST $499,000 3 3.1 2823 DETACHD
13152 VERMEER DR $525,000 3 2.1 2092 DETACHD
33 MORNINGVIEW CIR $550,000 3 2.1 2737 DETACHD
5657 GRAND OAKS DR $579,900 3 2.1 2783 DETACHD
577 LAUREL ST $629,900 4 3.1 2747 DETACHD
531 LAUREL ST $629,900 4 3.1 2771 DETACHD
117 FURNACE ST $659,000 2 2.1 1885 CONDO
18717 PILKINGTON RD $674,900 4 2.1 2684 DETACHD
1876 PALISADES LAKE CT $697,900 3 2.1 3178 DETACHD
435 8TH ST $759,000 3 3.1 2394 DETACHD
4393 SUNDEW CT $784,900 4 2.1 4881 DETACHD
3 MOUNTAIN VIEW LN $839,900 5 3.2 3672 DETACHD
3900 CANAL RD $938,950 4 3.1 3759 DETACHD
980 EVERGREEN RD $2,195,000 5 5.2 5644 DETACHD
14733 UPLANDS DR $2,295,000 6 5.2 7088 DETACHD

PENDING SALES (Apr 21-27, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #87 $123,000 2 2 984 CONDO 20
195 OSWEGO SUMMIT $179,900 2 2 1506 CONDO 314
16775 WESTVIEW DR $375,000 3 2.1 1830 DETACHD 56
5213 ROSEWOOD ST $379,900 3 2.1 1934 DETACHD 76
342 5TH ST $399,000 2 1 872 DETACHD 5
17151 CAMPUS WAY $419,000 4 2 2418 DETACHD 14
5063 GREENSBOROUGH CT $425,000 3 2.1 1647 DETACHD 2
3801 OLSON CT $469,900 5 3 3014 DETACHD 5
3102 DUNCAN DR $499,000 4 3.1 3910 DETACHD 22
4546 AUBURN LN $499,900 3 3.1 2732 ATTACHD 22
2401 GLEN HAVEN RD $535,000 4 3 2779 DETACHD 15
16126 INVERURIE RD $579,000 4 2.1 2492 DETACHD 15
14385 PFEIFER DR $749,000 4 3.1 3891 DETACHD 5
13515 STREAMSIDE DR $749,900 5 4.1 4357 DETACHD 264
5112 WOODCREST LN $789,900 4 4.1 3340 DETACHD 27
3727 UPPER DR $965,000 3 3.1 4731 DETACHD 74
1793 ATHERTON DR $1,350,000 4 5 6500 DETACHD 327

SOLD (Apr 21-27, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
1501 BOCA RATAN DR $284,900 $292,000 3 2.1 1739 ATTACHD 2
4185 CHILDS RD $319,900 $298,000 3 1.1 1175 DETACHD 196
639 2ND ST $380,000 $340,000 2 2 1457 ATTACHD 27
1880 KILKENNY DR $415,000 $380,000 4 3 2778 DETACHD 140
27 ORIOLE LN $387,000 $395,000 4 2.1 1851 DETACHD 2
7 DEL PRADO ST $445,000 $465,000 4 3 2232 DETACHD 4
312 2ND ST $480,000 $475,000 3 3.1 1938 ATTACHD 9
18020 JENIFERS WAY $589,800 $600,000 4 2.1 2966 DETACHD 619
4720 LAKEVIEW BLVD $649,000 $634,500 4 3.1 2939 DETACHD
17479 BROOKHURST DR $675,000 $655,000 4 2.1 3552 DETACHD 64
13276 DEERFIELD CT $749,000 $710,000 4 2.1 3066 DETACHD 123
140 FURNACE ST $799,000 $750,000 3 3.1 3633 DETACHD 10
620 9TH ST $899,000 $899,000 3 3.1 2780 DETACHD 2
316 RIDGEWAY RD $1,225,000 $1,150,000 4 3 3877 DETACHD 29
931 Atwater RD $1,479,000 $1,500,000 4 4.1 4764 DETACHD
1098 CHANDLER RD $2,145,000 $2,145,000 4 3.1 3696 DETACHD 10
3690 LAKEVIEW BLVD $3,950,000 $3,500,000 5 5.1 6366 DETACHD 22

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

LO’s Peacock Lane

photo 1Portland has a very famous street called Peacock Lane. Portland’s street is famous for its Christmas lights, with nary a bird in sight. Lake Oswego also has a peacock lane and it is famous for….peacocks!

The street is Bonaire Avenue in the Lake Grove neighborhood of Lake Oswego.

The flock has been a presence on this street for at least 15 years, that I know of. The birds used to live at the Northern end near Firwood, but were moved to the Southern end near Sunset about 10 years ago.

No one owns them. Several houses feed them. I can tell you that they do fly, nesting in trees and on roof tops at night.

I’d estimate that the flock consists of about 15-20 birds, although it is hard to know for sure as they are rarely all together. Usually you see 3 or 4 wandering about. And they do wander. I have seen them as far afield as Lake Forest, where I always worry that they’ll get hit by a car.

photo 2I had a listing on Bonaire about a year ago. The excitement over the peacocks was wonderful. I can tell you that there are prospective buyers who drive this street looking for For Sale signs. People love the idea of living near this flock.

Why would it be nice? Well, these birds are gorgeous. They just seem to brighten the day when you see one. I can also tell you that they do a great job of eating spiders, slugs, and the creepy crawly things in the garden.

photo 3The down side? When they are mating, mostly in May and June, they are loud and noisy. They have a very distinct cry. When one does it, the others seem to pitch in. It’s like they’re saying “I’m over here!” “No, I’m over here!”. They like to do this 24/7. So be prepared for the cries to go on all night long in May and June.

Want to see these lovely birds? Just take a drive on a nice afternoon down Bonaire Avenue. You’ll be most likely to find them at the corner of Bonaire and Sunset.

Dianne

Market Activity Apr 14-20, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 19 New properties enter the market, 23 move to Pending status, and 12 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (Apr 14-20, 2014)

Address Type Price BR Bths SF
15 Oswego Summit Condo $131,000 2 2 1212
44 Eagle Crest Dr #37 Condo $131,900 2 1 908
210 S State St #8 Condo $339,000 2 2.5 1492
18307 Longfellow Ave Detached $359,900 3 2 1440
342 5th St Detached $399,000 2 1 872
1710 Meadows Dr Detached $399,900 3 2 1677
4956 Galen St Detached $399,999 4 2.5 2431
38 Northview Ct Attached $460,000 4 4 3125
1858 Southshore Blvd Detached $484,000 4 2 2068
5023 Hampton Ct Detached $509,900 3 2 2284
99 Garibaldi St Detached $525,000 4 2.5 2626
18060 Cardinal Dr Detached $529,900 3 3.5 2547
4303 Sundew Ct Detached $599,000 4 2.5 3355
14385 Pfeifer Dr Detached $749,000 4 3.5 3891
752 8th St Detached $1,250,000 4 3.5 4550
688 Iron Mountain Rd Detached $1,299,000 4 4.5 4143
17735 Kelok Rd Detached $1,429,000 4 3 4021
616 Cabana Ln Detached $2,895,000 4 4 3800

Pending Sales (Apr 14-20, 2014)

Address Type Price BR Baths SF DOM
13060 Elk Rock Rd "A" Detached $150,000 1 1 502 87
5059 Foothills Dr #105 Condo $185,000 2 2 991 0
1531 Cedar St Detached $199,900 2 1 832 6
5052 Foothills Dr E Condo $249,900 2 2 1252 7
23 Block Terrace Attached $269,000 2 2 1394 7
39 Greentree Ct Attached $270,000 3 1.5 1664 7
1210 Pine St Detached $299,950 3 1.5 1720 5
4514 Lower Dr B3 Condo $318,800 2 2.5 1644 17
4490 Lakeview Blvd Detached $349,900 3 2 1727 2
2719 Greentree Rd Detached $429,950 5 3.5 3886 200
4910 Lower Dr Detached $499,900 3 2.5 2151 376
318 2nd St Attached $499,900 3 3.5 2098 8
4344 Snowbrush Ct Detached $529,000 4 3.5 3422 698
35441 Red Cedar Way Detached $539,000 4 3 1964 152
2445 Park Rd Detached $549,500 5 3 3228 46
16198 Nola Ct Detached $598,950 4 2.5 2425 13
10 Buckingham Terrace Detached $599,000 4 3 3763 4
17900 Canal Rd Detached $599,000 4 3 2992 141
14559 Pfeiffer Way Detached $698,950 4 2.5 3356 3
16589 Woodsman Ct Detached $749,000 5 3.5 5113 12
14640 Uplands Dr Detached $779,000 4 3 2675 17
17224 Cedar Rd Detached $825,000 3 2 3098 179
16767 Graef Circle Detached $1,499,000 4 4.5 4320 171

Sold/Closed (Apr 14-20, 2014)

Address Type List Price Closed Price Sq Ft CDOM
86 Kingsgate Rd E-104 Condo $127,000 $125,000 938 23
65 Oswego Summit Condo $146,000 $138,000 1140 53
48 Eagle Crest Dr 4A Condo $169,000 $140,000 1489 101
4 Touchstone #128 Condo $154,900 $152,000 1,350 39
28 Greenridge Ct Attached $294,950 $288,500 1900 143
62 Wheatherstone Ct Condo $349,000 $344,500 2465 4
17560 Westview Dr Detached $495,000 $515,000 2590 3
5206 Royal Oaks Dr Detached $525,000 $522,250 3038 7
14113 Amberwood Circle Detached $684,000 $639,000 3514 39
2481 Marylshire Ln Detached $675,000 $640,000 4154 230
881 C Ave Detached $969,000 $969,000 3128 0
202 Berwick Rd Detached $2,250,000 $1,950,000 5679 179

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

Open Houses ~ Easter & Passover 2014

Eater 2014Easter is Here!  Dianne and I hope that you are enjoying some relaxation time with Loved Ones. We will be basking in the Oregon Sunshine and doing some relaxing ourselves. May this holiday signal a Newness in Your Life in some way that you have been wishing for.

Happy Easter & Passover!

Dianne and Linda

Oh… and there is one home being held Open according to RMLS : )

Address L/Price # Beds # Baths Total SF Prop Cat OPEN
1273 WELLS ST $789,000 4 3 4091 DETACHD 1-4 PM

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 March 2014 in the Portland area is still showing upward momentum!

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

  • At 1,857, March Closed Sales ware up 26.6% from February’s 1,467, and/but 4% lower than March 2013.
  • There were 3,090 New Listings in March… 31.3% higherer than February’s 2.354, and also up 2.9% from last March 2013.
  • The Average Sale Price in March was $328,100, up $2,600. from February’s $325,500.
  • March Pending Sales (accepted offers) were up 37.1% from February, and/but down 3.6% from March 2013.

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

    • 430 Active Listings
    • 201 New Listings
    • 146 Pending Sales
    • 109 Closed Sales
    • An average Sale Price of $519,900.
    • Average Time on the Market: 110 Days

Market Activity~Apr 7-13, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 22 New properties enter the market, 19 move to Pending status, and 11 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (Apr 7-13, 2014)

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #15 $99,900 1 1 798 CONDO
5052 FOOTHILLS DR #E $249,900 2 2 1252 CONDO
23 BLOCH TER $269,000 2 2 1394 ATTACHD
39 GREENRIDGE CT $270,000 3 1.1 1664 ATTACHD
1878 MAPLELEAF RD $330,000 3 1.1 1347 DETACHD
1402 PARRISH ST $382,000 3 2.1 1863 ATTACHD
17151 CAMPUS WAY $419,000 4 2 2418 DETACHD
1551 WOODLAND TER $468,000 4 2 2712 DETACHD
32 NORTHVIEW CT $475,000 4 3.1 2903 ATTACHD
318 2ND ST $499,900 3 3.1 2098 ATTACHD
2401 GLEN HAVEN RD $535,000 4 3 2779 DETACHD
18893 INDIAN SPRINGS CIR $549,888 4 3 2841 DETACHD
15644 FIELDSTONE DR $575,000 3 2.1 2588 DETACHD
16126 INVERURIE RD $579,000 4 2.1 2492 DETACHD
14559 PFEIFER WAY $698,950 4 2.1 3356 DETACHD
697 LAKE BAY CT $699,900 2 2 2145 DETACHD
13300 FOX RUN $800,000 4 2.1 4484 DETACHD
18106 Pilkington RD $874,900 4 4.1 3575 DETACHD
16672 FIR LN $960,000 4 4.1 4179 DETACHD
1136 WESTWARD HO RD $1,190,000 3 2.1 3344 DETACHD
16645 Graef CIR $1,295,000 4 3.2 3076 DETACHD
1135 LAKE FRONT RD $2,395,000 4 4 4245 DETACHD

PENDING SALES (Apr 7-13, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
44 EAGLE CREST DR #41 $123,900 2 1 908 CONDO 252
1796 BONNIEBRAE DR $319,900 3 2.1 1782 ATTACHD 17
16227 KIMBALL ST $329,950 4 2.1 1572 DETACHD 80
16041 WALUGA DR $349,900 4 2 1982 DETACHD 5
19244 BENFIELD AVE $350,000 3 2 1202 DETACHD 2
2823 ORCHARD HILL PL $375,000 3 2.1 2288 DETACHD 19
1880 KILKENNY DR $400,000 4 3 2778 DETACHD 140
17200 WARREN CT $424,000 4 2.1 2241 DETACHD 54
1831 KILKENNY DR $449,500 5 3 2597 DETACHD 10
641 8TH ST $449,950 4 2 2319 DETACHD 15
5650 LANGFORD LN $469,000 3 3 1837 DETACHD 3
1571 WOODLAND TER $479,000 3 2 2400 DETACHD 164
4747 UPPER DR $500,000 3 1 2046 DETACHD 7
5300 SW DAWN AVE $524,500 4 3 2544 DETACHD 72
880 WOODWAY CT $525,000 4 3 3478 DETACHD 73
5608 GRAND OAKS DR $629,000 5 3 3147 DETACHD 3
18112 WESTMINSTER DR $700,000 5 4 4391 DETACHD 164
12967 ROGERS RD $775,000 5 3.1 3945 DETACHD 0
18025 Skyland CIR $1,199,000 4 4.2 5379 DETACHD 228

SOLD (Apr 7-13, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3696 SPRING LN #3B $141,700 $135,000 2 2 1117 CONDO 53
200 BURNHAM RD #406 $214,500 $200,000 2 1 1199 CONDO 26
575 HEMLOCK ST $335,000 $340,000 3 2 1175 DETACHD 2
61 S CONDOLEA TER #Grnd $395,000 $380,000 3 2.1 2373 CONDO 23
18555 EDGEWOOD CT $419,000 $431,000 3 2.1 2380 DETACHD 2
13057 SIERRA VISTA DR $489,000 $469,000 4 2.1 2510 DETACHD 53
628 LAKE BAY CT $639,000 $539,000 3 2 1729 DETACHD 292
4038 BASS LN $559,900 $542,000 4 3 2816 DETACHD 132
19364 RIVER RUN DR $679,000 $605,000 5 3.1 3010 DETACHD 245
13310 ATWATER LN $1,450,000 $1,249,000 5 4 5697 DETACHD 300
1345 CHERRY LN $1,295,000 $1,295,000 5 3.1 5259 DETACHD 235

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

Popcorn Ceilings

800px-Popcorn_ceiling_texture_close_upPopcorn ceilings were a common and widely used ceiling finish from the 1950’s to the early 1980’s. Builders loved the stuff. It sprayed on, so did not require a lot of skill to apply, it covered defects to create a nice, uniform appearance, and it was a bright white color that consumers liked. What was popular then is not at all popular today.

From an aesthetic perspective, buyers today just don’t like the look. It stamps the house as “dated”. But from a health perspective, these ceilings can be a health hazard because many of them contain asbestos.

Asbestos is a small fiber that if air born and breathed in, lodges itself into the lungs and can not be exhaled. Over time it causes inflammation, irritation, and can lead to lung cancer. So, yes, it’s nasty stuff.

In 1978 the use of asbestos in ceiling treatments was banned by the Clean Air Act. However, to minimize the economic impact, existing supplies were exempt and used until they were gone. So the product continued to be used until sometime in the 1980’s.

For Sellers
If you are selling a home with popcorn ceilings, consider having the ceilings tested. Buyers are going to be asking about the ceilings and having a professional lab report will answer that question right up front. It’s also entirely possible that your ceilings do not contain asbestos. Not all popcorn ceilings do. This same lab report could work to your benefit if this is the case.

I would also suggest that you may want to have the ceilings removed. This would be an instant update and enhance the desirability of your home for prospective buyers. Get professionals to address the ceiling removal. Asbestos must be handled by licensed professionals with all proper precautions taken. I actually represented a buyer on one occasion where we learned the home owners grandson had done the removal of asbestos. We left the house and never went back in considering the entire home to now be a health hazard.

For Buyers
Do not let the popcorn ceilings keep you from buying a house that you love. As part of the inspection process have the ceilings professionally tested and then negotiate a solution with the seller.

Remember too that asbestos, when contained and not in the air is not harmful. You have to breath it in to have it hurt you. So if the ceiling is in good condition and not touched, it is not dangerous. This would come down to your own personal feeling of what is and is not acceptable.

Many really beautiful homes have popcorn ceilings. In time I predict that nearly all of these ceilings will be removed. For both buyers and sellers, you need to be knowledgeable and go into the transaction with open eyes.

Now I am off to enjoy this gorgeous weather!
Dianne