Open Houses for Dec. 1st, 2013

Looking for a nice break in the holiday shopping? How about checking out one of these open houses that are scheduled for this Sunday in Lake Oswego? Enjoy!

Address Price Type Bedroom Bath Open
5101 Dawn Ave $574,000 Detached 5 3 1 to 3
2302 Overlook Dr $595,000 Detached 4 2.5 1 to 4
1830 Cloverleaf Rd $599,000 Detached 3 2.5 2 to 4
363 6th Ave $599,900 Attached 3 3.5 1 to 4
18994 Bryant Rd $699,000 Detached 4 2.5 12 to 3
18430 Tamaway Dr $899,999 Detached 4 2.5+.5  1 to 4

Market Activity ~ Nov 18-24, 2013

With Thanksgiving upons us, RMLS shows 10 New properties entering the market, 9 moving to Pending status, and 22 that “Closed”/Sold last week in Lake Oswego.

Here is the breakdown of activity according to RMLS:

NEW ON MKT (Nov 18-24, 2013):

Address List Price # Beds # Baths Total SF Prop Type
18600 INDIAN CREEK DR $279,900 3 2 1607 DETACHD
12894 BOONES FERRY RD $299,000 2 2.1 1136 CONDO
490 G AVE $399,900 4 2 2126 DETACHD
4109 WOLF BERRY CT $529,900 4 2.1 2661 DETACHD
2302 OVERLOOK DR $595,000 4 2.1 3125 DETACHD
16311 INVERURIE RD $599,900 4 2 2047 DETACHD
18064 JENIFERS WAY $639,950 5 3 2965 DETACHD
5502 KODERRA AVE $639,950 5 2.1 2633 DETACHD
18108 PILKINGTON RD $799,950 3 3.1 4129 DETACHD
49 BRIARWOOD RD $950,000 3 2 2412 DETACHD

PENDING SALES (Nov 18-24, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
6380 WASHINGTON CT $315,000 3 2 1720 DETACHD 86
4711 REMBRANDT LN $359,900 3 2.1 2050 DETACHD 65
1880 KILKENNY DR $400,000 4 3 2778 DETACHD 2
18272 WESTVIEW DR $459,000 4 3.2 3626 DETACHD 31
17129 KELOK RD $499,000 3 2 1996 DETACHD 42
5522 ROYAL OAKS DR $598,950 4 2.1 2471 DETACHD 160
3300 RIVER WOODS PL $749,000 3 2.1 3642 DETACHD 75
13562 PETERS RD $825,000 4 3 3106 DETACHD 123
4018 COHO LN $925,000 4 4.1 5128 DETACHD 111

SOLD (Nov 18-24, 2013)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #409 $150,000 $145,750 2 2 1214 CONDO 60
143 OSWEGO SMT $146,000 $146,000 2 2 1212 CONDO 24
45 EAGLE CREST DR #508 $179,900 $175,000 2 2 1046 CONDO 29
220 CERVANTES #C $185,000 $178,000 2 2 1378 CONDO 12
1484 BOCA RATAN DR $229,900 $187,000 3 1.1 1403 ATTACHD 115
18717 PILKINGTON RD $240,000 $191,000 3 1 1240 DETACHD 88
17500 PILKINGTON RD $225,000 $204,900 3 1 1050 DETACHD 119
4281 COBB WAY $349,900 $349,900 3 2 1626 DETACHD 3
5103 MADRONA ST $349,900 $360,000 2 2 1329 DETACHD 29
1023 LUND ST $429,000 $375,000 4 2.1 2313 DETACHD 99
1528 CEDAR ST $449,900 $390,000 3 2 2080 DETACHD 33
8 BERNINI CT $449,000 $410,000 3 2 1465 DETACHD 95
45 TANGLEWOOD DR $433,900 $433,900 5 3.1 3166 DETACHD 4
16838 WIGHT LN $469,500 $460,000 4 2.1 2364 DETACHD 85
1941 GREEN ACRES LN $525,000 $498,800 4 2.1 2449 DETACHD 227
4121 HEDGE NETTLE CT $552,500 $500,000 3 2.1 2307 DETACHD 244
17973 SAINT CLAIR DR $565,000 $523,500 4 3 3323 DETACHD 27
5353 FIRWOOD RD $579,500 $550,000 3 2 2292 DETACHD 25
5900 SUNCREEK DR $699,900 $695,900 4 2.1 3736 DETACHD 106
5728 BAY CREEK DR $789,000 $700,000 5 2.1 3567 DETACHD 133
13052 KNAUS RD $789,000 $725,000 4 3 3026 DETACHD 36
15411 VILLAGE DR $899,900 $865,000 4 3.1 3809 DETACHD 7

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 ~ 11/23/13

Get out there and enjoy the sunshine Sunday!

Here are the 11 homes being held Open for your enjoyment according to RMLS:

Address L/Price # Beds # Bath Total SF Style Time
1602 GREENTREE RD $399,950 4 2 1708 DETACHD 1-4PM
915 BULLOCK ST $450,000 4 3 2986 DETACHD 1-3PM
3435 Lake Grove AVE $595,000 4 3 2618 DETACHD 1-3PM
5831 SUNCREEK DR $619,900 4 2.1 2865 DETACHD 1-3PM
2814 VALE CT $629,000 4 3 3192 DETACHD 1-3:30PM
421 MIDDLECREST RD $645,000 3 2.1 2383 DETACHD 1-3PM
4540 SW LAMONT WAY $899,950 4 2.1 3555 DETACHD 1-3PM
18325 RIVER EDGE LN $919,000 3 3.1 4115 DETACHD 1-3PM
17600 UPPER CHERRY LN $998,000 4 3.1 3900 DETACHD 1-3PM
67 NANSEN SMT $1,050,000 6 4 4992 DETACHD 1-3PM
112 NORTHSHORE CIR $1,500,000 4 3.1 3632 DETACHD 1-5PM

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) activity:

It’s still Fall in Lake Oswego & the Portland area (though it is starting to feel more like Winter : ) and that means we see a continued seasonal slowing in real estate activity (you all know this ; ), but there are still steady sales going on. So far this year the overall Portland area has seen 23,955 Accepted Offers. We’ve also had a whopping 22,909 Closed Sales so far which is up 16.2% compared to last year at this same time. October had the most Closed Sales since 2006! Yes, things are looking up, up, up!

According to the RMLS Market Action Report for the Portland Metro Area  October, 2013:

  • At 2,189, October Closed Sales increased 1.4% over September , and 4.1% over October 2012.
  • There were 2,535 New Listings in October. This was a decrease of 13.3% from September, and an increase of 5% over October of 2012.
  • The Average Sale Price in October was $314,100, down from $317,300 in September.
  • October Pending Sales (accepted offers) dropped by 4.2% compard to September, and decreased by 2.4% as compared to October 2012.

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

    • 489 Active Listings
    • 137 New Listings
    • 132 Pending Sales
    • 117 Closed Sales
    • An average Sale Price of $438,400.
    • Average Time on the Market: 79 Days

Market Activity Nov 11-17, 2013

Last week in Lake Oswego there were 14 new listings, 14 pending sales, and 9 closed sales.

Here is the breakdown of activity according to RMLS:

NEW LISTINGS (Nov 11-17, 2013):

Address Type Price BR Bths SF
48 Eagle Crest Dr 4A Condo $169,000 2 2 1489
3894 Botticelli St Attached $184,900 2 1.5 1132
1561 Bonniebrae Dr Condo $249,900 3 2 1393
105 Rosewood St Detached $319,000 3 1 1848
5785 Carmand Dr Detached $344,900 5 2 1934
18341 Fernbrook Ct Detached $379,900 4 2 1872
920 York Rd Detached $415,000 4 2.5 2701
18978 Indian Springs Cir Detached $424,900 3 2 1900
231 Laurel St Detached $435,000 3 3 2244
6 Yorick St Detached $495,000 5 3 1964
3541 Red Cedar Way Detached $539,000 4 3 1964
1830 Cloverleaf Rd Detached $599,000 3 2.5 1857
5616 Grand Oaks Dr Detached $619,000 4 3 3096
1495 Oak Terrace Detached $2,279,000 4 4 3983

PENDING SALES (Nov 11-17, 2013)

Address Type Price BR Baths SF DOM
47 Eagle Crest Dr C31 Condo $94,000 2 1 1009 400
15938 Quarry Rd 4-A Condo $139,500 2 1 991 17
4 Touchstone #62 Condo $149,500 3 2.5 1351 46
5164 Lakeview Blvd Detached $246,000 4 2 1120 10
2440 Greentree Rd Detached $349,900 3 1.5 1850 28
4271 Woodside Circle Attached $360,000 3 2 2126 99
17310 Canal Circle Detached $375,000 4 2 1633 21
340 4th St Attached $399,900 2 2.5 1731 2
10 Juarez St Detached $500,000 3 2.5 3740 161
18042 Jenifers Way Detached $649,950 4 3 2946 109
280 E Ave Detached $699,000 4 2.5 2500 289
3826 Upper Dr Detached $739,900 4 2.5 3194 14
14530 Uplands Dr Detached $899,000 4 3.5 4080 409
735 7th St Detached $939,000 3 3.5 2945 125

SOLD (Nov 11-17, 2013)

Address Type List Price Closed Price Sq Ft CDOM
15495 Brianne Ct Attached $235,000 $235,500 1292 35
1784 Bonniebrae Dr Attached $270,000 $248,000 1393 36
720 Pebble Beach Ct Detached $405,000 $390,000 1957 62
1250 Hemlock St Detached $399,950 $398,450 2,656 90
4979 Bilford Ln Detached $467,590 $468,000 2200 7
14058 Chatham Ct Detached $519,900 $525,000 2235 4
5555 Fieldstone Ct Detached $589,500 $569,500 2664 153
5780 Childs Rd Detached $669,000 $610,000 2770 149
622 Carrera Ln Detached $995,000 $825,000 5446 84

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 11/17/13

There will be 17 open houses this Sunday in Lake Oswego. Enjoy!

Address Price Type Bedroom Bath Open
1602 Greentree Rd $399,950 Detached 4 2 1 to 4
3595 Tempest Dr $424,900 Detached 3 2 1 to 3
67 Tanglewood Dr $434,900 Detached 4 2.5 1 to 3
231 Laurel St $435,000 Detached 3 3 1 to 3
1571 Woodland Terrace $474,500 Detached 3 2 12 to 4
5101 Dawn Ave $574,000 Detached 5 3 11:30 to 3
3435 Lake Grove Ave $595,000 Detached 4 3 1 to 3
5522 Royal Oaks Dr $598,950 Detached 4 2.5 1 to 3
14920 Twin Fir Rd $599,500 Detached 3 1.5 1 to 4
1830 Cloverleaf Rd $599,500 Detached 3 2.5 2 to 4
14 Del Prado St $599,999 Detached 5 3.5 1 to 3
2322 Stonehurst Ct $600,000 Detached 4 2.5 12 to 3
18020 Jenifers Way $609,880 Detached 4 2.5 2:30 to 4:30
13374 Hidden Bay Ct $699,000 Detached 4 2.5 1 to 3
144 Leonard St $699,900 Detached 4 3.5 1 to 4
18499 Old River Rd $819,000 Detached 4 3.5 1 to 4
18430 Tamaway Dr $899,999 Detached 4 2.5+.5 1 to 4

Do Houses Sell in the Winter?

When counseling people at this time of year, particularly people who are thinking of selling their homes, I am commonly asked if this is a good time to sell a house. Here is my take on the timing for both selling and buying.

For People Selling a Home
While the real estate market typically slows down during the winter, and particularly during the holidays, the fact remains that houses sell all year around. I see several advantages to selling at this time of year.

First, there are fewer houses for sell, so there is less competition. A well priced and well staged home will really stand out. The time of year also gives you some staging opportunities with holiday decor and lighting. It needs to be done tastefully. You don’t want your house to look like a holiday garage sale. Choose your decorating carefully and don’t over do it. Please do turn on every light in the house for showings.

Second, if a corporation aligns its fiscal year to the calendar year, it means that more executives get transferred at this time of year. Corporations like to plan for the year end and expense out as much as possible. So if you are a seller at this time of year, you may find more highly qualified executives on the move.

Third, people who are shopping for a house at this time of year are MOTIVATED. It is certainly easier to move during nice weather and when your time is not consumed by holiday obligations. So while there may be fewer buyers, the quality of buyers is quite high.

"A Walk in the Rain", Marcel Germain
“A Walk in the Rain”, Marcel Germain

For People Thinking of Buying a Home

This is an absolutely optimum time of year to buy, for several reasons.

First, historically interest rates are lower in the winter than at other times of the year. Mortgage companies need to be making loans to be making money. When the market slows down, lenders tend to lower interest rates to make lending their money more attractive to buyers. So you may be able to get a better rate at this time of year than you will next spring.

Second, there is no better time of year to do a home inspection. If there is a water issue, it will be more likely found during the active rainy season. That is not to say that a good home inspector won’t find evidence of water issues in the bone dry days of July. Water does after all leave water marks and stains. But in the full throws of winter, water is actively engaging with the house and it can be very easily seen and figured out.

Last, if a house looks good at 4:30 on a gray November day, it is going to look sensational on a 75 degree day in May. Seriously, a house that looks good in the winter will knock your socks off in the summer.

What it really boils down to is do you need to be making your move now? If you do, don’t hesitate to get into the market to either buy or to sell. This is a great time of year to do both.

Dianne

Market Activity ~ Nov 4-10, 2013

Easy does it. RMLS shows 8 New properties entering the market, 16 moving to Pending status, and 10 that “Closed”/Sold last week in Lake Oswego. Feels like “the season” : )

Here is the breakdown of activity according to RMLS:

NEW ON MKT (Nov 4-10, 2013):

Address List Price # Beds # Baths Total SF Prop Type
3696 SPRING LN #3B $141,700 2 2 1117 CONDO
16200 Pacific Hwy #21 $285,000 2 2 1200 CONDO
16200 PACIFIC HWY #24 $285,000 2 2 1190 CONDO
15956 PARKER RD $579,900 4 2.1 3200 DETACHD
5004 WOODCREST LN #16E $589,900 3 2.1 2523 DETACHD
363 6TH ST $599,900 3 3.1 2258 ATTACHD
2814 VALE CT $629,000 4 3 3192 DETACHD
13581 GOODALL RD $799,000 3 2 1220 DETACHD

PENDING SALES (Nov 4-10, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #56 $104,900 2 1.1 823 CONDO 4
6397 MCEWAN RD $289,900 3 2 1008 DETACHD 55
15 SUMMIT RIDGE CT $324,900 2 2.1 1750 ATTACHD 26
4990 OAKRIDGE RD $329,000 3 2 1700 DETACHD 80
13008 ROGERS RD $439,900 4 2.1 2448 DETACHD 152
3200 UPPER DR $469,500 4 3 2543 DETACHD 75
5172 WOODCREST LN #LT 2E $559,554 3 2.1 2500 DETACHD 5
885 LAKE FOREST DR $575,000 4 3 2186 DETACHD 6
19524 RIVER RUN DR $618,950 4 2.1 2630 DETACHD 124
208 NORTHSHORE RD $629,900 5 3 2926 DETACHD 113
19321 RIVERWOOD LN #LT 3W $635,969 4 4 3367 DETACHD 3
5185 WOODCREST LN #24E $643,098 3 2.1 2500 DETACHD 1
716 LAKESHORE RD $675,000 3 2 1878 DETACHD 101
5728 BAY CREEK DR $719,900 5 2.1 3567 DETACHD 133
4150 Upper DR $915,000 3 3.1 3354 DETACHD 160
1600 VIEW LAKE CT $950,000 2 2.1 3335 DETACHD 165

SOLD (Nov 4-10, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #60 $139,900 $115,000 3 2 1026 CONDO 153
5225 JEAN RD #306 $170,000 $160,000 2 2 1400 ATTACHD 147
5813 SW KENNYCROFT WAY $292,500 $260,000 3 1 1182 DETACHD 107
95 KINGSGATE RD $299,000 $305,000 3 2.1 1669 DETACHD 3
1645 CLOVERLEAF RD $429,900 $392,000 3 3 2494 DETACHD 33
2727 GLEN HAVEN RD $449,900 $450,000 3 2 2518 DETACHD 3
2103 RIDGEWOOD RD $599,000 $498,000 3 2 1648 DETACHD 71
1873 OAK ST $635,000 $585,000 3 2.1 3576 DETACHD 157
2183 HILLSIDE CT $799,000 $770,000 4 3.1 4473 DETACHD 171
3149 DOUGLAS CIR $1,180,000 $1,075,000 5 3.2 5237 DETACHD 443

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 ~ Nov. 10, 2013

Enjoy these 23 lovely homes on tour Sunday in Lake Oswego!

Here are the homes being held Open according to RMLS:

Address L/Price # Beds # Baths Total SF Style OPEN
72 WHEATHERSTONE $364,000 4 3.1 2465 COMMNWL 1-3PM
1602 GREENTREE RD $399,950 4 2 1708 DETACHD 2-4PM
2719 GREENTREE RD $457,000 5 3.1 3886 DETACHD 1-4PM
751 BRIERCLIFF LN $508,500 4 3 2534 DETACHD 1-3PM
15956 PARKER RD $579,900 4 2.1 3200 DETACHD 1:30-3:30PM
3435 Lake Grove AVE $595,000 4 3 2618 DETACHD 1-3PM
17575 BLUE HERON CT $599,900 3 3.1 2972 DETACHD 1-3PM
14 Del Prado ST $599,999 5 3.1 4094 DETACHD 1-3PM
5522 ROYAL OAKS DR $624,500 4 2.1 2471 DETACHD 1-3PM
18042 JENIFERS WAY $649,950 4 3 2946 DETACHD 3-5PM
18064 JENIFERS WAY $659,950 5 3 2965 DETACHD 3-5PM
13374 HIDDEN BAY CT $699,000 4 2.1 3520 DETACHD 1-3PM
17632 WOODHURST PL $699,900 5 4.1 4423 DETACHD 11:30-1:30PM
3826 UPPER DR $739,900 4 2.1 3194 DETACHD 1-4PM
18499 OLD RIVER DR $819,000 4 3.1 4020 DETACHD 1-3PM
2070 WEMBLEY PARK RD $850,000 5 4.1 4935 DETACHD 12-2PM
13562 PETERS RD $850,000 4 3 3106 DETACHD 12-3PM
4540 SW LAMONT WAY $899,950 4 2.1 3555 DETACHD 1-3PM
18430 TAMAWAY DR $899,999 4 2.2 3902 DETACHD 1-4PM
2801 LAKEVIEW BLVD $925,000 3 3.2 3119 DETACHD 1-4PM
752 E AVE $998,500 3 3 2818 DETACHD 1-3PM
13310 ATWATER LN $1,295,000 5 4 5697 DETACHD 1-3PM
16767 GRAEF CIR $1,590,000 4 4.1 4449 DETACHD 1-3:30PM

Fall is Really Here…

Hello Property Blotter Readers!!!

NovWe’ve had a few weeks of Indian Summer with crazy blue skies and lots of sunshine, and it now looks like we’re really into the Fall Season. This time of year we engage in “Fall Cleaning” at my house.  This particular year that means new floors in the kitchen, utility room and bathroom, and new paint everywhere as we prepare for the holidays and months ahead during which we enjoy entertaining, and just reveling in the inside of our home most of the time.  Do you find yourself sprucing more at this time of year than in the Springtime?  …or is it just me!?  : )

In Lake Oswego there are plenty of things to do outside of your home this season.

Everyone looks forward to the Holiday Tree Lighting the day after Thanksgiving at Bigelow Plaza (5th & A). It is a big deal in Lake Oswego, and we’d love to see you there as the whole town comes out to mark the start of the holiday season CLICK HERE  for more info.

We all want to start to transform our homes into holiday retreats  whose lights we can see from down the block as we approach after a long day’s work!  Holiday Wreath-Making at Luscher Farms is one way to really get into the spirit. CLICK HERE  for more info.

Beat the Fall/Winter weather by taking your kids to the Indoor Playground sponsored by Lake Oswego Parks & Recreation Dept.  Mondays, Wednesdays & Fridays you can let the kids run, jump & play on all kinds of park equipment… but stay warm & cozy indoors!  CLICK HERE  for more information.

From knitting to gaming to poetry-slamming…. Lake Oswego has it all for teens this season!  CLICK HERE  for more information on programs & events.