Market Activity March 31-April 6, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 27 New properties enter the market, 23 move to Pending status, and 10 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on the Market (March 31-April 6, 2014)

Address Type Price BR Bths SF
4 Touchstone #137 Condo $122,500 2 2 984
4 Touchstone #87 Condo $123,000 2 2 984
4 Touchstone #104 Condo $128,000 3 2.5 1351
86 Kingsgate B103 Condo $136,500 2 2 924
4 Touchstone #69 Condo $163,500 3 2.5 1351
152 Ridgeway Rd Attached $239,000 2 1.5 1794
4465 Golden Ln Attached $249,900 2 2.5 1996
4514 Lower Dr B3 Attached $319,800 2 2.5 1644
468 5th St #13 Condo $319,000 2 1.5 1092
1831 Kilkenny Dr Detached $449,500 5 3 2597
5222 Carman Dr Detached $474,900 5 3 2597
4546 Auburn Ln Attached $500,000 3 3.5 2732
6 Scarborough Dr Detached $500,000 5 3 2513
4747 Upper Dr Detached $500,000 3 1 2046
2388 Overlook Dr Detached $525,000 4 3 2765
3102 Duncan Dr Detached $529,000 4 3.5 3910
18 Morningview Circle Detached $540,000 3 2.5 2931
5318 Coventry Ct Detached $540,000 4 2.5 2407
16198 Nola Ct Detached $598,950 4 2.5 2425
18059 Westminster Dr Detached $645,000 4 2.5 3214
16673 Ford Pl Detached $709,900 4 3 3100
16757 Ford Pl Detached $725,000 4 3 3150
16589 Woodsman Ct Detached $749,000 5 3.5 5113
1267 Cherry Ln Detached $849,900 3 2 3311
4063 Canal Woods Ct Detached $1,095,000 4 3.5 4563
17521 Ridgeview Ln Detached $1,379,900 4 3.5 4813
13400 Fielding Rd Detached $1,400,000 3 1.5 3189

Pending Sales (March 31-April 6, 2014)

Address Type Price BR Baths SF DOM
3433 Mcnary Pkwy #206 Condo $127,500 2 2 1008 162
272 Cervantes Condo $149,900 3 2 1209 27
12 Condolea Dr Condo $200,000 2 2 1312 0
12844 Boones Ferry Rd Condo $274,900 2 2.5 1152 5
69 Kingsgate Rd Detached $349,900 3 2.5 1636 3
14150 Goodall Rd Detached $374,900 3 2 1565 3
5213 Rosewood St Detached $379,900 3 2.5 1934 49
5644 Windfield Loop Detached $389,000 3 3 1800 3
1575 Hallinan St Detached $450,000 4 2.5 2167 11
13364 Auburn Ct Attached $459,900 3 2.5 2451 4
824 Evergreen Rd Detached $465,000 4 1.1 1420 14
1430 Woodland Terrace Detached $469,000 5 3 3162 49
3020 Brookside Rd Detached $484,950 4 2 1926 110
17088 Rebecca Ln Detached $499,950 4 3 2554 209
18360 Tualata Ave Detached $524,999 5 2.5 2703 67
566 5th ST Detached $540,000 3 2 2377 20
134 Del Prado St Detached $585,000 5 3 3972 1
5746 Charles Circle Detached $599,900 4 2.5 2737 2
4720 Lakeview Blvd Detached $639,000 4 3.5 2939 94
18130 Westminster Dr Detached $660,000 4 2.5 3344 241
2390 Palisades Crest Dr Detached $900,000 4 4 4823 21
14110 Goodall Rd Detached $995,000 4 3.5 3945 132
1186 Crestline Ct Detached $2,845,000 6 6.5+.5+.5 14411 1080

Closed Sales (March 31-April 6, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4 Touchstone #136 Condo $159,500 $159,500 1351 1
48 Eagle Crest Dr Condo $199,000 $190,000 1623 91
17653 Mardee Ave Detached $349,000 $336,000 1742 25
13060 Elk Rock Rd Detached $474,900 $440,548 3,581 144
319 3rd St Attached $507,000 $497,500 1937 41
3352 Tempest Dr Detached $524,500 $524,500 2664 3
5831 Suncreek Dr Detached $615,000 $604,000 2865 135
2135 Ridge Pointe Dr Detached $1,075,000 $990,000 6755 216
14070 Goodall Rd Detached $1,195,000 $1,239,000 4525 12
17860 Crestline Dr Detached $1,795,000 $1,640,000 7192 57

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 ~ Sun, Apr 6, 2014

There are 27 homes being held Open in Lake Oswego this beautiful Sunday according to RMLS.

Enjoy!

Address L/Price # Beds # Bath Total SF Style Open
4 TOUCHSTONE ##137 $122,500 2 2 984 CONDO 2-4PM
468 5TH ST #13 $319,000 2 1.1 1092 TOWNHSE 1-3PM
1796 BONNIEBRAE DR $319,900 3 2.1 1782 TOWNHSE 1-3PM
304 6TH ST $399,900 1 1 941 DETACHD 1-3PM
3065 ROYCE WAY $469,000 4 2.1 2726 DETACHD 1-4PM
1571 WOODLAND TER $479,000 3 2 2400 DETACHD 1-3PM
13378 PETERS RD $499,000 3 2.2 2355 DETACHD 12-3PM
6 SCARBOROUGH DR $500,000 5 3 2513 DETACHD 1-3PM
17488 MARDEE AVE $519,000 4 2.1 2168 DETACHD 1-3PM
3601 RED CEDAR WAY $525,000 4 2 2226 DETACHD 1-4PM
880 WOODWAY CT $525,000 4 3 3478 DETACHD 1-3PM
5318 COVENTRY CT $540,000 4 2.1 2407 DETACHD 2-4PM
5101 SW DAWN AVE $549,000 5 3 2700 DETACHD 11AM-1PM
7 BERNINI CT $549,000 4 2.1 3314 DETACHD 1-4PM
1428 PINE ST $550,000 3 3.1 2738 DETACHD 1-4PM
11 MASARYK ST $569,900 4 4 4823 DETACHD 1-3PM
16198 NOLA CT $598,950 4 2.1 2425 DETACHD 1-3PM
18059 WESTMINSTER DR $645,000 4 2.1 3214 DETACHD 1-3PM
1704 GLENMORRIE TER $699,000 5 3 4292 DETACHD 1-4PM
18112 WESTMINSTER DR $700,000 5 4 4391 DETACHD 1-4PM
1245 CHANDLER RD $797,500 4 4 3278 DETACHD 1-4PM
755 6TH ST $929,000 4 3.1 4170 DETACHD 1-4PM
17390 GRANDVIEW CT $949,900 4 4.2 4516 DETACHD 1-3PM
18325 CRESTLINE DR $1,240,000 5 4 4552 DETACHD 12-3PM
17342 RIDGEVIEW CT $1,250,000 4 3.1 4240 DETACHD 2-4PM
2120 GLENMORRIE DR $1,275,000 4 3.1 4293 DETACHD 12-2PM
17442 RIDGEVIEW LN $1,375,000 4 3.2 5036 DETACHD 2-4PM

The Haps in Lake Oswego

Oswego-LakeThe cherry trees are budding & the rest are growing tiny, light-green nodules that will become leaves. The air is warming, and spring is springing in Lake Oswego! People are eating out on the decks of restaurants on the Lake.  Teens are cleaning up their water skiis and getting the boats ready. The shopping Center downtown is seeing extra activity with folks hunting for spring & summer dresses, table accoutrements, & sunglasses. Fresh flowers are gracing all of our homes, and we welcome the heaven that is the spring & summer months here.

The following is a sampling of activities coming right up in Lake Oswego:

 

* Teen Poetry Slam – Thurs Apr 3rd – 7-8PM – Lake Oswego Library – Click HERE for more info.

* Trillium Festival & Hardy Plant Sale – Sat & Sun April 5th & 6th  – 10AM – 4PM  Tryon Creek – Click HERE for more details.

Arbor Week Festival and Tree Planting – Kickoff  Sun, April 6th – Noon – 3PM  – Millenium Plaza Park -Click HERE for more details.

* Preschool Storytime – Tues, April 8th (repeats weekly) – 10:30 – 11AM – Lake Oswego Library – Click HERE for Program Details.

* Performing Arts –  Wed, April 9th – 1-2PM – Lake Oswego Library – Seattle folk singer, Rose Laughlin performs captivating Celtic and American folk songs – Click HERE for more info.

* Boones Ferry Road Project Advisory Committee Meeting – Tues, April 15th – 9 – 11AM – West End Building  –  Click HERE for more info.

 

Market Activity ~ March 24-30, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 15 New properties enter the market, 22 move to Pending status, and 11 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (Mar 24-30, 2014)

Address List Price # Beds # Baths Total SF Prop Type
16250 PACIFIC HWY #45 $219,500 2 2 1311 CONDO
20 SUMMIT RIDGE CT $364,950 2 2.1 1704 ATTACHD
5644 WINDFIELD LOOP $389,000 3 3 1800 DETACHD
2823 ORCHARD HILL PL $425,000 3 2.1 2288 DETACHD
13364 AUBURN CT $459,900 3 2.1 2451 ATTACHD
641 8TH ST $459,950 4 2 2319 DETACHD
5559 ROYAL OAKS DR $468,950 4 2.1 2105 DETACHD
17488 MARDEE AVE $519,000 4 2.1 2168 DETACHD
6 HILLSHIRE DR $525,000 5 3 3254 DETACHD
2103 RIDGEWOOD RD $583,000 4 2 1650 DETACHD
17356 BRYANT RD $724,900 3 3 2913 DETACHD
5112 WOODCREST LN $799,900 4 4.1 3340 DETACHD
13327 ATWATER LN $979,000 3 2 3004 DETACHD
18325 CRESTLINE DR $1,240,000 5 4 4552 DETACHD
1968 CHERYL CT $1,549,900 4 4.3 6153 DETACHD

PENDING SALES (Mar 24-30, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4626 LOWER DR $99,000 2 2 1260 CONDO 15
116 OSWEGO SMT #116 $147,000 2 2 1140 CONDO 31
5225 Jean RD #404 $198,988 3 2 1500 CONDO 7
16150 KIMBALL ST $269,900 3 1 960 DETACHD 6
6397 MCEWAN RD $284,900 3 2 1008 DETACHD 199
635 1ST ST $289,900 2 2.1 1100 ATTACHD 7
4555 WILDWOOD ST $389,000 3 2 1565 DETACHD 23
2762 VALE CT $419,500 3 2.1 2709 DETACHD 2
2719 GREENTREE RD $429,950 5 3.1 3886 DETACHD 183
7 DEL PRADO ST $445,000 4 3 2232 DETACHD 4
2766 GREENTREE RD $459,500 5 2 2753 DETACHD 251
4908 HASTINGS DR $489,750 3 2.1 2096 DETACHD 4
5 ABELARD ST $529,000 5 3 4660 DETACHD 16
16311 INVERURIE RD $549,900 4 2 2047 DETACHD 127
2865 PARK RD $568,000 4 2.1 3031 DETACHD 7
13520 KNAUS RD $625,000 4 3 2641 DETACHD 180
17479 BROOKHURST DR $675,000 4 2.1 3552 DETACHD 64
13555 FIELDING RD $699,900 5 3.1 3656 DETACHD 112
14640 UPLANDS DR $779,000 4 3 2675 DETACHD 2
1475 SKYLAND DR $1,000,000 4 4.1 3695 DETACHD 2
13310 ATWATER LN $1,249,900 5 4 5697 DETACHD 300
17226 CHAPIN WAY $1,495,000 4 3.1 4917 DETACHD 353

SOLD (Mar 24-30, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
19071 LONGFELLOW AVE $279,900 $245,700 3 1 1080 DETACHD 7
6132 MINNEHAHA CT $259,900 $255,000 3 1.1 1232 DETACHD 11
26 BRIARWOOD RD $425,000 $365,000 4 2.2 2554 DETACHD 199
720 8TH ST $425,000 $415,000 3 2 1498 DETACHD 22
4216 ALBERT CIR $459,000 $446,500 3 2 2130 DETACHD 17
17366 CARDINAL DR $465,000 $475,000 4 2.1 2107 DETACHD 3
55 AQUINAS ST $574,900 $579,900 5 3 3720 DETACHD 19
1931 PARK FOREST CT $649,000 $600,000 5 4.1 3866 DETACHD 979
141 DEL PRADO ST $625,000 $617,700 4 2.1 2788 DETACHD 7
18042 JENIFERS WAY $639,950 $635,000 5 3 2946 DETACHD 6
3200 CHILDS RD $1,195,000 $1,068,000 4 3.1 5128 DETACHD 252

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

Gigabits, Here We Come

gigabitsThe city of Lake Oswego recently announced that it is on the shortlist of towns being considered by Google to receive ultra-high-speed Google Fiber broadband. Both Google and the City are in a joint planning process to formulate a plan to make this happen.

What would this mean to citizens of the City? Holy-cow fast Internet connnections! Google Fiber is 100 times faster than standard broadband. It allows those who are connected to access a “Gigabit” Internet connection almost instantaneously.

If all goes well, construction of the network would begin in late 2014 or early 2015, with hopes of starting to connect households by mid 2015. We will know if the plan is a go by the end of 2014.

As a Realtor, I spend a good deal of time on the Internet. My time is important to me and being able to do what I do more quickly sounds pretty fine to me.

To learn more and to receive updates, click here.

Market Activity March 17-23, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 17 move to Pending status, and 16 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (March 17-23, 2014)

Address Type Price BR Bths SF
47 Eagle Crest Dr #24 Condo $109,995 1 1 672
5225 Jean Rd #404 Condo $198,988 3 2 1500
16150 Kimball St Detached $269,900 3 1 960
1501 Boca Ratan Dr Attached $284,900 3 2.5 1739
635 1st St Attached $289,900 2 2.5 1100
1796 Bonniebrae Dr Attached $319,900 3 2.5 1782
12731 19th Ave Detached $359,900 3 2 2020
7 Del Prado St Detached $445,000 4 3 2232
1575 Hallinan St Detached $450,000 4 2.5 2167
824 Evergreen Rd Detached $465,000 4 1.5 1420
48 Spinosa Detached $510,000 3 2.5 2848
18768 Wood Duck St Detached $599,900 4 3 2940
17033 Chapin Way Detached $660,000 5 2.5 3163
2858 Tolkien Ln Detached $683,000 4 3.5 3742
2105 Ridge Pointe Dr Detached $950,000 5 3.5 5576
17312 Bergis Farm Dr Detached $1,299,000 5 3.5+.5 4752
13612 Goodall Rd Detached $1,469,000 5 4.5 4362
1017 Lake Front Rd Detached $2,795,000 5 4.5+.5+.5 4071

Pending Sales (March 17-23, 2014)

Address Type Price BR Baths SF DOM
65 Oswego Summit Condo $146,000 2 2 1140 53
1694 Booniebrae Dr Condo $169,900 2 1 864 1
5063 Foothills Dr #14 Condo $184,900 2 2 1050 68
1374 Boca Ratan Dr Attached $265,000 3 2 1393 14
16915 Inverurie Rd Detached $289,950 3 2 1185 31
4271 Woodside Circle Attached $360,000 3 2 2126 223
639 2nd St Attached $365,000 2 2 1457 27
27 Oriole Ln Detached $387,000 4 2.5 1851 2
1277 Rockinghorse Ln Detached $499,900 3 2.5 2577 4
17095 Rebecca Ln Detached $515,000 4 3 2379 6
1830 Cloverleaf Rd Detached $598,000 3 2.5 1857 56
14113 Amberwood Circle Detached $639,000 4 2.5 3514 39
14069 Edenberry Dr Detached $699,900 4 2.5 3445 3
832 Hoodview Ln Detached $750,000 4 2 2462 16
2300 Childs Rd Detached $765,000 3 2 3183 6
706 McVey Ave Detached $1,495,000 4 3.5 3113 374
12 Dover Way Detached $1,588,000 5 5.5+.5 7658 5

Sold (March 17-23, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4 Touchstone #83 Condo $95,000 $115,000 979 607
97 Oswego Summit Condo $135,000 $130,000 1212 2
18148 Belmore Ave Detached $285,500 $279,900 1008 5
383 Ash St Detached $349,900 $325,000 1,697 2
120 Condolea Dr Condo $337,500 $330,000 2958 2
609 Ash St Detached $344,900 $360,000 2192 3
5079 W Sunset Dr Attached $365,000 $362,600 1760 10
4401 Oakridge Rd Attached $439,000 $395,000 1692 172
146 Del Prado St Detached $399,000 $404,000 3263 45
1508 Pine St Detached $459,000 $435,000 2300 219
2400 Park Detached $477,500 $458,000 1960 3
17632 Woodhurst Pl Detached $648,950 $623,000 4423 200
15519 Village Dr Detached $699,500 $690,500 2274 28
17600 Upper Cherry Ln Detached $1,190,000 $960,000 3900 283
17322 Cedar Rd Detached $1,149,500 $1,062,500 3370 14
612 Ridgeway Rd Detached $2,239,000 $2,020,000 4106 255

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

News & Notes

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

In the month of February 2014 the Portland area is still showing strength with, yet again, the highest Closed Sales since 2007.

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

  • At 1,467, February Closed Sales ware up 5.1% from January’s 1.396, and 6.6% higher than February 2013.
  • There were 2,534 New Listings in February… 8.9% fewer than January’s 2.583, and down 4% from last February 2013.
  • The Average Sale Price in February  was $325,500, up $8,300. from January’s $317,200.
  • FebruaryPending Sales (accepted offers) were not as good; down 18.8% from January, and 13.2% from February 2013.

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

    • 412 Active Listings
    • 168 New Listings
    • 101 Pending Sales
    • 79 Closed Sales
    • An average Sale Price of $546,900.
    • Average Time on the Market: 137 Days

Market Activity ~ March 10-16, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 17 New properties enter the market, 24 move to Pending status, and 11 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (Feb 10-16, 2014)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR #20 $97,000 2 1 1009 CONDO
4626 LOWER DR $99,000 2 2 1260 CONDO
45 EAGLE CREST DR #216 $115,000 1 1 600 CONDO
272 CERVANTES $149,900 3 2 1209 CONDO
3884 BOTTICELLI ST $175,000 2 1.1 1132 CONDO
210 S STATE ST #9 $369,000 2 1.1 1652 CONDO
1880 KILKENNY DR $415,000 4 3 2778 DETACHD
5498 YORKSHIRE PL $474,000 3 2 1911 DETACHD
17095 REBECCA LN $515,000 4 3 2379 DETACHD
5 ABELARD ST $529,000 5 3 4660 DETACHD
566 5TH ST $540,000 3 2 2377 DETACHD
7 BERNINI CT $549,000 4 2.1 3144 DETACHD
201 RIDGEWAY RD $589,000 2 1 2327 DETACHD
2300 CHILDS RD $765,000 3 2 3183 DETACHD
2390 PALISADES CREST DR $900,000 4 4 4823 DETACHD
3130 DOUGLAS CIR $1,448,000 4 3.1 3970 DETACHD
263 NORTHSHORE RD $1,695,000 4 3 3684 DETACHD

PENDING SALES (Feb 10-16, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
52 OSWEGO SMT $63,500 1 1 700 CONDO 361
100 KERR PKWY #52 $70,000 1 1 617 CONDO 14
116 OSWEGO SMT #116 $147,000 2 2 1140 CONDO 16
165 OSWEGO SMTn #165 $199,900 2 2 1383 CONDO 41
200 BURNHAM RD #406 $199,950 2 1 1199 CONDO 26
18430 PILKINGTON RD $249,000 3 1.1 1029 DETACHD 1
19071 LONGFELLOW AVE $279,900 3 1 1080 DETACHD 7
575 HEMLOCK ST $335,000 3 2 1175 DETACHD 2
62 WHEATHERSTONE CT #62 $349,000 4 3.1 2465 CONDO 4
103 GARIBALDI ST $499,000 4 3.1 4000 DETACHD 859
6151 SUMMER WOODS $499,000 4 3 2520 DETACHD 22
319 3RD ST $507,000 3 3.1 1937 ATTACHD 41
2440 OVERLOOK DR $549,900 4 3 3876 DETACHD 19
628 LAKE BAY CT $554,900 3 2 1729 DETACHD 292
18020 JENIFERS WAY $609,881 4 2.1 2966 DETACHD 619
19364 RIVER RUN DR $615,000 5 3.1 3010 DETACHD 245
14051 CHELSEA DR $615,000 4 3 2913 DETACHD 23
19067 MEGAN PL $620,000 4 3 3400 DETACHD 9
5502 KODERRA AVE $639,950 5 2.1 2633 DETACHD
140 FURNACE ST $799,000 3 3.1 3633 DETACHD 10
14435 UPLANDS DR $848,950 4 3.1 4402 DETACHD 55
1345 CHERRY LN $1,295,000 5 3.1 5259 DETACHD 235
2605 SOUTHSHORE BLVD $1,395,000 5 4.1 4550 DETACHD 26
931 Atwater RD $1,529,900 4 4.1 4764 DETACHD

SOLD (Feb 10-16, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
5687 BONITA RD $339,000 $278,495 3 2.1 2048 DETACHD 40
16056 REESE RD $319,000 $308,000 3 2 1667 DETACHD 14
67 TANGLEWOOD DR $434,900 $410,000 4 2.1 3068 DETACHD 163
16038 REESE RD $439,000 $435,000 3 3 3154 DETACHD 2
16275 WALUGA DR $350,000 $471,500 3 3 2677 DETACHD 153
4109 WOLF BERRY CT $529,900 $514,000 4 2.1 2661 DETACHD 88
15713 TARA PL $615,000 $598,000 4 2.1 3442 DETACHD 19
14232 MEADOW GRASS ST $619,000 $612,000 4 3 2965 DETACHD 12
420 RIDGEWAY RD $975,000 $835,000 2 2 2190 DETACHD 316
1600 VIEW LAKE CT $1,295,000 $860,000 2 2.1 3335 DETACHD 165
13537 FIELDING RD $995,000 $860,000 4 3.1 4188 DETACHD 219

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 Open House

photo-1There are few subjects that Realtors are quite as opinionated about as open houses. Some think they are great while others swear them off like the plague. I think it might be helpful to give you my take on the subject.

Open Houses have value and are worth having
It is true that your home is not likely to sell as the result of an open house, but it does happen. I would estimate that I have sold at least a dozen homes over the years from an open house. I have sold homes to people who walk in cold with no Realtor, but more often I have had people who came to my open go back to their own buyer’s agent and ask them to write up the offer.

There are two types of open houses
Public open houses are advertized to the general public, usually on websites like rmls.com, our property blotter, and on-line classifieds like trulia. It is important that the public open be advertized. While I enjoy meeting the neighbors, I want people to come through who know the price and size and are there because it fits their needs. Public open houses are usually on Sundays between noon and 4 pm. They usually are hosted for 2 to 3 hours somewhere in that window of time.

Broker’s opens are held on Tuesdays here in Lake Oswego. They usually go from 11am to 1pm. Most real estate offices have a sales meeting on Tuesday mornings about 9am. The broker tour is intended to create an easy opportunity for one or a group of Realtors to easily gain access to houses to preview them for clients.

Realtor’s have fantastic Internet access to photos and maps for homes which makes the need for Broker’s Tour much less than it used to be. But I put every listing on Broker’s Tour and then I host the open so that I can talk to other Realtors and really point out the features of the house. There are enough Realtors who do physically tour to make this an important part of my marketing. I also really love the professional networking that happens.

Buyers go to Open Houses
I think most people who are considering buying a home feel compelled to hop into their cars on Sundays and go drive about looking for open houses. Even with the Internet, there is nothing like going inside of houses.

Get your house ready!
Have your house spotlessly clean, drapes and blinds wide open, and the rooms properly staged. Open houses can be a real motivator to work on and maintain your house in show-ready condition.

Feel free to give Linda or myself a call if you have any questions or if you are thinking about getting in gear to sell your home. We would love to be of help.
Dianne

Market Activity March 3-9, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 20 New properties enter the market, 21 move to Pending status, and 9 “Closed”/Sold.

Following is the breakdown according to RMLS:

NEW on MKT (March 3-9, 2014)

Address Type Price BR Bths SF
11 Crestfield Ct Condo $95,000 1 1 550
1374 Boca Ratan Dr Attached $265,000 3 2 1393
575 Hemlock St Detached $335,000 3 2 1175
62 Weatherstone Ct Condo $349,000 4 3.5 2465
5766 Langford Ln Detached $379,500 2 2 1327
2660 Lookout Ct Detached $469,000 4 3 2565
13053 Sierra Ct Detached $479,900 4 2.5 2215
3601 Red Cedar Way Detached $525,000 4 2 2226
17336 Canyon Ct Detached $589,000 3 3 3081
607 Ash Detached $600,000 3 2.5 2200
19067 Megan Pl Detached $620,000 4 3 3400
17532 Oak Meadow Ln Detached $669,000 4 3 3046
12615 SW 21st Ct Detached $769,000 4 3.6 4594
18936 Bryant Rd Detached $779,000 4 4 4100
4311 Upper Dr Detached $995,000 5 3.5 4744
2120 Glenmorrie Dr Detached $1,275,000 4 3.5 4293
17264 Lake Haven Dr Detached $1,429,000 4 3.5 3911
179 Furnace St #16 Condo $1,825,000 3 3.5 4591
13599 Knaus Rd Detached $2,598,000 5 7 6874
1021 Lake Shore Rd Detached $3,295,000 4 3 3487

PENDING SALES (March 3-9, 2014)

Address Type Price BR Baths SF DOM
86 Kingsgate Rd E-104 Condo $127,000 2 2 938 23
149 Oswego Summit Condo $139,900 2 2 1212 41
3834 Botticelli St Condo $195,000 2 2 1055 0
6132 Minnehaha Ct Detached $259,900 3 1.5 1232 11
28 Greenridge Ct Attached $288,500 3 2 1900 143
4185 Childs Rd Detached $314,900 3 1.5 1175 196
720 8th ST Detached $425,000 3 2 1498 22
13057 Sierra Vista Dr Detached $469,000 4 2.5 2510 53
3200 Upper Dr Detached $469,500 4 3 2543 191
17560 Westview Dr Detached $495,000 3 2.5 2590 3
3352 Tempest Dr Detached $524,500 4 2.5 2564 3
5206 Royal Oaks Dr Detached $525,000 5 3.5 3038 7
17575 Blue Heron Ct Detached $599,900 3 3.5 2972 138
2481 Marylshire Ln Detached $659,000 5 3.5 4154 230
15519 Village Dr Detached $699,500 3 2 2274 28
18982 Bryant Rd Detached $719,900 4 3.5 3438 29
13276 Deerfield Ct Detached $725,000 4 2.5 3066 123
582 9th St Detached $889,000 3 3.5 2841 0
2167 Wembley Park Rd Detached $1,199,000 4 3.5 4015 34
14005 Goodall Rd Detached $1,249,000 4 3.5 4825 237
3690 Lakeview Blvd Detached $3,950,000 5 5.5 6366 22

SOLD (March 3-9, 2014)

Address Type List Price Closed Price Sq Ft CDOM
6 Pheasant Run Detached $339,900 $333,000 1734 14
231 Laurel St Detached $435,000 $412,500 2244 85
12870 Elk Rock Rd Detached $569,000 $430,000 2794 620
4741 Cambridge Ct Attached $467,000 $467,000 2,861 5
623 Atwater Rd Detached $549,000 $512,500 2009 5
2814 Vale Ct Detached $629,000 $600,000 3192 70
18499 Old River Rd Detached $799,000 $787,000 4020 166
4540 Lamont Way Detached $849,950 $849,950 3555 5
878 7th St Detached $897,000 $897,000 2858 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