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Market Activity ~ Feb 2-8, 2015
Here comes the sun!
The market is pretty steady right now, and all reports are that the Buyers are out in force.
Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 22 move to Pending status, and 10 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Feb 2-8, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 1260 HALLINAN ST | $298,000 | 3 | 1.1 | 1325 | DETACHD |
| 5061 FOOTHILLS DR | $199,950 | 2 | 2 | 991 | CONDO |
| 0 Atherton | 950000 – 1187500 | 4 | 4 | 3415 | DETACHD |
| 14128 EDENBERRY DR | $749,900 | 4 | 2.1 | 3168 | DETACHD |
| 14034 TAYLORS CREST LN | $869,000 | 5 | 3.2 | 4007 | DETACHD |
| 320 CERVANTES CIR | $129,900 | 2 | 1 | 832 | CONDO |
| 4 TOUCHSTONE | $178,500 | 3 | 2.1 | 1351 | CONDO |
| 4 TOUCHSTONE | $160,000 | 3 | 2.1 | 1351 | CONDO |
| 2701 LAKEVIEW BLVD | $724,500 | 3 | 2.1 | 2289 | DETACHD |
| 2701 LAKEVIEW BLVD | $724,500 | 3 | 2.1 | 2264 | DETACHD |
| 368 CERVANTES CIR | $129,500 | 2 | 1 | 882 | CONDO |
| 17749 LEAFY LN | $579,900 | 2 | 3 | 3300 | DETACHD |
| 910 TERRACE DR | $1,200,000 | 4 | 2.1 | 3934 | DETACHD |
| 4070 VIRGINIA WAY | $747,500 | 3 | 2.1 | 3510 | DETACHD |
| 6310 ALYSSA TER | $465,000 | 4 | 2.1 | 2452 | DETACHD |
| 127 DEL PRADO ST | $459,000 | 4 | 3 | 2310 | DETACHD |
| 17617 ARBOR LN | $390,000 | 3 | 2 | 1745 | DETACHD |
| 18975 INDIAN SPRINGS RD | $437,900 | 4 | 2.1 | 1910 | DETACHD |
PENDING SALES (Feb 2-8, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 1539 LAKE FRONT RD | $1,200,000 | 4 | 3.1 | 3385 | DETACHD | 119 |
| 15365 TWIN FIR RD | $449,000 | 3 | 1 | 1201 | DETACHD | 198 |
| 13286 GOODALL RD | $1,750,000 | 5 | 5.3 | 6819 | DETACHD | 142 |
| 49 BRIARWOOD RD | $950,000 | 3 | 2 | 2412 | DETACHD | 67 |
| 18414 OLD RIVER LNDG | $1,795,000 | 4 | 4.2 | 6498 | DETACHD | 553 |
| 15885 WHITE OAKS DR | $625,000 | 4 | 2.1 | 2802 | DETACHD | 55 |
| 1401 GREENTREE CIR | $419,000 | 3 | 2 | 1800 | DETACHD | 165 |
| 834 6TH ST | $459,000 | 2 | 1 | 1062 | DETACHD | 94 |
| 1653 DEVON LN | $485,000 | 4 | 3 | 3181 | DETACHD | 153 |
| 18224 BELLA TERRA DR | $1,175,000 | 4 | 3.1 | 4050 | DETACHD | 210 |
| 1033 Spruce ST | $499,500 | 2 | 2.1 | 1562 | DETACHD | 28 |
| 4504 WILDWOOD ST | $399,900 | 3 | 2 | 1655 | DETACHD | 0 |
| 43 CONDOLEA CT | $365,000 | 2 | 2.1 | 2157 | CONDO | 12 |
| 808 ELLIS AVE | $514,900 | 3 | 2.1 | 2108 | DETACHD | 28 |
| 13024 ROGERS RD | $769,000 | 4 | 3.1 | 3333 | DETACHD | 0 |
| 1015 SOUTHSHORE BLVD | $629,000 | 4 | 3 | 3882 | DETACHD | 3 |
| 5487 TUALATA CT | $339,455 | 3 | 2 | 1200 | DETACHD | 1 |
| 751 BRIERCLIFF LN | $528,950 | 4 | 3 | 2534 | DETACHD | 32 |
| 17171 LOWENBERG TER | $739,000 | 4 | 2.1 | 3002 | DETACHD | 118 |
| 121 LEONARD ST #C | $185,000 | 2 | 2 | 1118 | CONDO | 131 |
| 2286 WEMBLEY PARK RD | $699,000 | 3 | 3 | 2000 | DETACHD | 65 |
| 4104 LAKEVIEW BLVD | $429,000 | 4 | 2 | 2252 | DETACHD | 66 |
SOLD (Feb 2-8, 2015)
| Address | Open Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR #40 | $89,500 | $85,000 | 1 | 1 | 696 | CONDO | 51 |
| 4077 JEFFERSON PKWY | $234,500 | $234,500 | 2 | 2.1 | 1462 | CONDO | 24 |
| 6101 HARRINGTON AVE | $359,000 | $361,500 | 3 | 2.1 | 1400 | DETACHD | 62 |
| 2751 SUMMIT DR | $648,950 | $655,000 | 3 | 2 | 2418 | DETACHD | 145 |
| 19211 TERRY AVE | $370,000 | $370,000 | 4 | 2 | 1872 | DETACHD | 41 |
| 4080 COLTSFOOT LN | $525,000 | $525,000 | 4 | 2.1 | 2884 | DETACHD | 0 |
| 18177 DELENKA LN | $830,000 | $787,500 | 5 | 2.2 | 3802 | DETACHD | 131 |
| 1075 OAK TER | $340,000 | $350,000 | 3 | 2 | 1356 | DETACHD | 29 |
| 616 4TH ST | $1,049,000 | $1,049,000 | 4 | 2.1 | 3034 | DETACHD | 0 |
| 3554 TEMPEST DR | $449,007 | $454,000 | 3 | 2.1 | 2279 | DETACHD | 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.
Historic Homes
Lake Oswego has many historic properties. Touring a home that is currently for sale, a 1920’s church that has been converted to a home, the subject came up and I got curious for details. What I learned is quite different from what my perception had been.
First of all, the requirement to allow the public into your home is long gone. It simply isn’t safe to allow strangers into your home. Second, there are not a lot of tax benefits to the designation. If you own or are buying a home with historic designation it really is about the love of the property and the desire to preserve it.
There are several designations.
The State of Oregon runs its own historic registry that is pretty much all of the Oregon properties that are on the National Historic Registry. The state does offer a tax incentive, but it is tied into the preservation of the property. Essentially you have to propose and get approved a plan that would take 10% of the current market value of the property and apply that same amount of money over the course of 10 years to do substantial rehabilitation projects on the property. Preference is given to projects that improve and maintain the exterior. When finished, you must place an approved plaque on the exterior. In return for doing this, your property taxes are frozen for the same 10 years. For more information about this program, click here.
The last historic designation is local. Lake Oswego has its own historic designation list. There are currently 72 properties on this list. The owners of these properties must retain the character of the exterior, but they can remodel the interior. Any exterior alterations must be consistent with the buildings historic character, and any changes made are subject to review and approval of the Development Review Commission. The City has also, in the past, made available grants of up to $2000 for restoration and preservation of these properties. For the list of Lake Oswego properties, click here.
The bottom line is that I really value and appreciate the efforts at all levels, local to National, that encourages the preservation of historic properties. Perhaps you do as well.
Dianne
Market Activity Jan 19-25, 2015
Here is your Latest Market Data: Last week in Lake Oswego we saw 12 New properties enter the market, 20 move to Pending status, and 6 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
New on the Market (Jan 19-25, 2015)
| Address | Type | Price | BR | Bths | SF |
| 48 Eagle Crest Dr | Condo | $184,900 | 3 | 2 | 1623 |
| 43 Condolea Ct | Condo | $365,000 | 2 | 2.5 | 2157 |
| 13901 Sundeleaf Dr | Detached | $399,000 | 4 | 3 | 1900 |
| 14201 Dolph Ct | Detached | $449,000 | 3 | 2 | 1864 |
| 886 9th St | Detached | $469,500 | 2 | 1 | 860 |
| 18929 Terry Ave | Detached | $499,900 | 4 | 2 | 2441 |
| 4959 Bilford Ln | Detached | $549,900 | 3 | 2.5 | 2456 |
| 1625 Bedford Ct | Detached | $595,000 | 2 | 2.5 | 2462 |
| 5868 Suncreek Dr | Detached | $795,000 | 4 | 2.5 | 3164 |
| 18360 River Edge Ln | Detached | $957,000 | 4 | 2.5 | 3738 |
| 17320 Lake Haven Dr | Detached | $1,235,000 | 4 | 3 | 2703 |
| 17388 Cedar Rd | Detached | $2,395,000 | 4 | 3.5 | 4276 |
Pending Sales (Jan 19-25, 2015)
| Address | Type | Price | BR | Baths | SF | DOM |
| 15 Oswego Summit | Condo | $106,000 | 2 | 2 | 1212 | 282 |
| 48 Eagle Crest Dr 1C | Condo | $123,500 | 2 | 2 | 1370 | 149 |
| 3930 Lake Grove Ave A1 | Condo | $130,000 | 2 | 1 | 952 | 92 |
| 15868 Parker Rd | Detached | $219,950 | 2 | 1 | 780 | 5 |
| 48 Eagle Crest Dr 1A | Condo | $250,000 | 3 | 2.5+.5 | 1550 | 6 |
| 5695 Washington Ct | Detached | $349,900 | 3 | 2 | 1769 | 9 |
| 17251 Greentree Ave | Detached | $414,950 | 4 | 2.5 | 2728 | 45 |
| 143 Kingsgate Rd | Detached | $450,000 | 3 | 2 | 2618 | 131 |
| 4733 Firwood Rd | Detached | $474,900 | 4 | 3 | 2310 | 152 |
| 14372 Camden Ln | Detached | $519,900 | 3 | 2.5 | 2348 | 52 |
| 18495 Tamaway Dr | Detached | $548,000 | 4 | 2.5 | 2680 | 11 |
| 1585 Patton Rd | Detached | $550,000 | 4 | 3 | 3162 | 257 |
| 18910 Terry Ave | Detached | $590,000 | 4 | 4.5 | 4290 | 16 |
| 4261 Cobb Way | Detached | $595,000 | 3 | 3 | 2345 | 10 |
| 2762 Vale Ct | Detached | $630,000 | 4 | 3 | 2709 | 7 |
| 435 7th St | Detached | $639,000 | 2 | 2 | 2010 | 175 |
| 3877 Tempest Dr | Detached | $690,000 | 4 | 2.5 | 3237 | 4 |
| 1287 Bickner St | Detached | $699,500 | 4 | 3.5 | 2665 | 103 |
| 17694 Marylbrook Dr | Detached | $719,000 | 3 | 2 | 2758 | 2 |
| 1766 Palisades Terrace Drd | Detached | $750,000 | 4 | 2.5 | 2792 | 190 |
Sold/Closed (Jan 19-25, 2015)
| Address | Type | List Price | Closed Price | Sq Ft | CDOM |
| 5048 Tree St | Detached | $310,000 | $305,000 | 1232 | 21 |
| 5275 Oakridge Rd | Detached | $349,900 | $350,000 | 1267 | 22 |
| 4631 Wildwood St | Detached | $399,900 | $355,635 | 1650 | 120 |
| 2131 Wembley Park Rd | Detached | $579,000 | $555,000 | 3,905 | 24 |
| 820 Fairway Rd | Detached | $1,189,000 | $1,100,000 | 3758 | 331 |
| 17129 Kelok Rd | Detached | $1,299,000 | $1,299,000 | 2894 | 86 |
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
The latest real estate numbers for Portland and the Lake Oswego/West Linn areas (RMLS lumps them together) are in. It shouldn’t come as a surprise that numbers are up for 2014. December saw some customary slowing from November, but overall, the year’s totals look pretty darned good.
According to the RMLS Market Action Report for the Portland Metro Area, December, 2014:
- At 2,239, December Closed Sales rose 15.6% over the month prior, and were up a full 25.6% from December of 2013’s 1,782.
- December Pending Sales (accepted offers), at 1,667, were down quite a bit…20.3% from the month prior (which is somewhat understandable during the holidays). That said, the Pending sales are up a full 12.3% over December 2013‘s 1,484.
- There were 1,540 New Listings in December which was 19.9% down from November, but up 15.5% from December of 2013’s 1,333.
- The Average Sale Price in December of $331,600 was down $4,400 from the month prior. The year 2014 finished with an Average Sale Price of $333,000, which is up 7.2% over 2013‘s finishing number which was $310,600.
__________________________________________
The combined areas of Lake Oswego and West Linn for the month of December 2014 reported:
- 348 Active Listings
- 79 New Listings
- 81 Pending Sales (up 6.6% over December 2013)
- 117 Closed Sales
- An Average Sale Price for December of $512,500.
- Average Sale Price for Year to Date (so…2014) of $527,500. (up 9.5% over 12 month rolling average in 2013)
- Average Time on the Market: 105 Days
Market Activity ~ Jan 12-18, 2015
Here is your Latest Market Data: Last week in Lake Oswego we saw 18 New properties enter the market, 13 move to Pending status, and 9 “Closed”/Sold!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Jan 12-18, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 2707 SOUTHSHORE BLVD | $1,485,000 | 3 | 3.1 | 3122 | DETACHD |
| 1059 BAYBERRY RD | $1,399,950 | 4 | 3.1 | 3456 | DETACHD |
| 1422 ASH ST | $337,500 | 4 | 3 | 2583 | DETACHD |
| 48 SPINOSA | $462,500 | 3 | 2.1 | 2848 | DETACHD |
| 2762 VALE CT | $630,000 | 4 | 3 | 2709 | DETACHD |
| 3877 TEMPEST DR | $690,000 | 4 | 2.1 | 3237 | DETACHD |
| 507 ASH ST | $980,000 | 2 | 3.1 | 3000 | DETACHD |
| 16200 PACIFIC HWY #21 | $269,000 | 2 | 2 | 1190 | CONDO |
| 16200 Pacific Hwy #24 | $269,000 | 2 | 2 | 1190 | CONDO |
| 19415 SYCAMORE AVE | $549,900 | 4 | 2 | 1584 | DETACHD |
| 5695 WASHINGTON CT | $349,900 | 3 | 2 | 1769 | DETACHD |
| 4261 COBB WAY | $595,000 | 3 | 3 | 2362 | DETACHD |
| 1 SW CRESTFIELD CT LWR | $95,000 | 1 | 1 | 689 | CONDO |
| 18418 OLD RIVER LNDG | $1,895,000 | 4 | 3.2 | 5204 | DETACHD |
| 1034 CEDAR ST | $799,500 | 4 | 3.1 | 2895 | DETACHD |
| 48 EAGLE CREST DR #1A | $250,000 | 3 | 2.2 | 1550 | CONDO |
| 321 5TH ST | $799,000 | 4 | 3.1 | 2800 | DETACHD |
| 12448 ORCHARD HILL RD | $650,000 | 4 | 3 | 3336 | DETACHD |
PENDING SALES (Jan 12-18, 2015)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4636 AUBURN LN | $485,000 | 3 | 3.1 | 2732 | ATTACHD | 118 |
| 4080 COLTSFOOT LN | $525,000 | 4 | 2.1 | 2884 | DETACHD | 0 |
| 526 S STATE ST | $167,500 | 2 | 1 | 914 | CONDO | 92 |
| 4630 WILDWOOD ST | $464,900 | 3 | 2 | 2067 | DETACHD | 83 |
| 15885 WHITE OAKS DR | $625,000 | 4 | 2.1 | 2802 | DETACHD | 36 |
| 2 PIMLICO TER | $500,000 | 4 | 2.1 | 2301 | DETACHD | 83 |
| 568 9TH ST | $925,000 | 3 | 3.1 | 2825 | DETACHD | 43 |
| 47 ORIOLE LN | $385,000 | 3 | 2.1 | 1958 | DETACHD | 123 |
| 12830 ALTO PARK RD | $939,000 | 4 | 3.1 | 3478 | DETACHD | 330 |
| 1460 GREENTREE CIR | $399,900 | 3 | 2 | 1791 | DETACHD | 3 |
| 1008 SPRUCE ST | $535,000 | 3 | 2.1 | 1765 | DETACHD | 6 |
| 123 CONDOLEA DR | $375,000 | 3 | 3 | 2143 | CONDO | 153 |
| 324 4TH ST | $450,000 | 2 | 2.1 | 1731 | ATTACHD | 4 |
SOLD (Jan 12-18, 2015)
| Address | Open Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM | |||||
| 1228 OAK ST | $399,950 | $402,000 | 3 | 2 | 1603 | DETACHD | 4 | |||||
| 18951 INDIAN SPRINGS CIR | $449,900 | $465,000 | 5 | 3 | 2865 | DETACHD | 3 | |||||
| 18650 TUALATA AVE | $700,000 | $735,000 | 4 | 4 | 3196 | DETACHD | 261 | |||||
| 86 KINGSGATE RD #G203 | $144,900 | $132,000 | 2 | 2 | 849 | CONDO | 77 | |||||
| 179 FURNACE ST | $1,698,000 | $1,590,000 | 3 | 3.1 | 4784 | CONDO | 47 | |||||
| 16250 PACIFIC HWY #76 | $345,000 | $180,000 | 3 | 2 | 1767 | CONDO | 122 | |||||
| 754 5TH ST | $770,000 | $755,000 | 3 | 3 | 2179 | DETACHD | 91 | |||||
| 86 KINGSGATE RD #H102 | $136,900 | $127,500 | 2 | 2 | 849 | CONDO | 29 | |||||
| 706 5TH ST | $300,000 | $417,500 | 4 | 2 | 1824 | DETACHD | 16 |
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 Jan 5-11, 2015
Now that the New Year has gotten off to a pretty good start and we are eagerly looking forward to spring market, lets have a look see at some of our new inventory! As well as many of our pending sales. Looks like condos are doing well! Word on the street (beautiful Lake Oswego streets that is!) that this spring term is shaping up to looking pretty full of activity!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Jan 05-11, 2015)
| Address | Type | Price | Bedrooms | Bathrooms | Sqft |
| 16351 PACIFIC HWY | DETACHED | 339,900 | 3 | 3 | 1754 |
| 578 2ND ST #6 | CONDO | 425,000 | 2 | 2.5 | 1394 |
| 4909 LOWER DR | DETACHED | 425,000 | 4 | 2.5 | 1992 |
| 1033 SPRUCE ST | DETACHED | 495,000 | 2 | 2.5 | 1562 |
| 808 ELLIS AVE | DETACHED | 514,900 | 3 | 2.5 | 2108 |
| 751 BRIERCLIFF LN | DETACHED | 528,950 | 4 | 3 | 2534 |
| 1008 SPRUCE ST | DETACHED | 535,000 | 3 | 2.5 | 1765 |
| 18495 TAMAWAY DR | DETACHED | 548,000 | 4 | 2.5 | 2680 |
| 1119 OAK ST | DETACHED | 549,900 | 4 | 2.5 | 2123 |
| 1011 SPRUCE ST | DETACHED | 565,000 | 3 | 2.5 | 1930 |
| 8 DEL PRADO ST | DETACHED | 599,900 | 5 | 3 | 3548 |
| 19242 INDIAN SPRINGS RD | DETACHED | 749,900 | 4 | 2.5 | 3365 |
| 13643 MELROSE PL | DETACHED | 839,900 | 4 | 4 | 4146 |
PENDING SALES (Jan 05-11, 2015)
| Address | Type | Price | Bedroom | Bathrooms | Sqft | DOM |
| 47 EAGLE CREST DR #40 | CONDO | 89,500 | 1 | 1 | 696 | 51 |
| 6 CERVANTES CIR | CONDO | 139,500 | 2 | 1.5 | 912 | 77 |
| 4077 JEFFERSON PKWAY | CONDO | 234,500 | 2 | 2.5 | 1462 | 24 |
| 1803 BOCA RATAN DR | ATTACHED | 297,000 | 3 | 2.5 | 1739 | 44 |
| 18275 TERRY CT | DETACHED | 309,000 | 3 | 1.5 | 1270 | 228 |
| 6138 SW KENNY ST | DETACHED | 314,000 | 3 | 1.5 | 1190 | 5 |
| 6101 HARRINGTON AVE | DETACHED | 364,000 | 3 | 2.5 | 1400 | 62 |
| 852 5TH ST | DETACHED | 379,000 | 2 | 1 | 738 | 34 |
| 3554 TEMPEST DR | DETACHED | 449,007 | 3 | 2.5 | 2279 | 4 |
| 17190 ROBB PL | DETACHED | 450,000 | 4 | 3 | 1896 | 54 |
| 1560 LABURNUM WAY | DETACHED | 499,900 | 3 | 2 | 1773 | 1 |
| 3254 DUNCAN DR | DETACHED | 499,999 | 4 | 3.5 | 3997 | 499 |
| 12 SCARBOROUGH DR | DETACHED | 499,999 | 4 | 2.5 | 2943 | 187 |
| 14353 HOLLY SPRINGS RD | CONDO | 525,000 | 4 | 3 | 2238 | 129 |
| 909 LAKE FRONT RD | DETACHED | 565,000 | 4 | 3 | 2916 | 481 |
| 3700 MARQUIS CT | DETACHED | 919,900 | 4 | 2.5 | 4251 | 69 |
SOLD (Jan 05-11, 2015)
| Address | Type | List Price | Close Price | Sqft | DOM |
| 4619 LAKEVIEW BLVD D-3 | CONDO | 92,000 | 91,500 | 753 | 28 |
| 86 KINGSGATE RD C203 | CONDO | 139,500 | 139,500 | 924 | 4 |
| 4000 CARMAN DR #5 | CONDO | 145,000 | 145,500 | 1361 | 4 |
| 4089 JEFFERSON PKWY | CONDO | 199,950 | 207,500 | 1361 | 8 |
| 5344 TUALATA CT | DETACHED | 349,355 | 344,927 | 1263 | 45 |
| 571 2ND ST | CONDO | 589,500 | 589,500 | 1561 | 18 |
| 17410 UPPER CHERRY LN | DETACHED | 898,000 | 725,000 | 4586 | 141 |
| 3100 WESTVIEW CT | DETACHED | 929,000 | 880,000 | 3750 | 17 |
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.
10 Very LO Things to do in 2015
New Year, new beginnings, time to make some plans for 2015. Here are my suggestions for some distinctly LO events to fit into your plans for the coming year:
1. Try an established or new restaurant. There are soooooo many to choose from. Gubanc’s for lunch (homemade soup), Riccardo’s for a summer evening on the patio, LaVang for unbeatable Pho, St Honore or Babica Hen for breakfast, Happy Hour at Five Spice, the list goes on and on. I recently tried Aji Tram, the fresh Asian fusion place on the corner of Bryant and Lakeview. It was fantastic! A bit loud with sports on big-screen TVs, but it was fun! Food was great and our little gathering really enjoyed ourselves.
2. Festival of the Arts in June. This is a a must do. Both the juried fine art show and the craft fair are a pleasure. I enjoy the art and like to hunt for a special find whether it is a gift for a friend or something special for myself.
2014 People’s Choice Winner
4. A walk or bike ride around the lake. OK, do this more than once. Do it lots! Views of the lake and magnificent homes make the time fly and the workout is awesome!
5. Attend a 4th of July parade and then fireworks over the lake.
6. Attend the Lake Oswego Heritage Council Home Tour. This is a major fund raiser for the Heritage Council and also an opportunity to get into private homes that are AMAZING.
7. Volunteer to pull ivy at one of the City Parks or Nature areas.
8. Volunteer to help in one of the schools.
9. Attend one of the City’s outdoor summer concerts.
10. Attend the annual lighting of the City Christmas Tree on the day after Thanksgiving!
There is so much more to do that just simply isn’t on this list. The point is that there is lots to do. I know I have had years where I do more or less than other years, but I also think that when I look back on years that I have really enjoyed, they have been years when I have gotten out and really involved in what is going on in Lake Oswego.
We here at the blotter want to wish you a very happy 2015! May you experience good health, prosperity, and many happy LO memories!
And for those of you who would like to challenge your knowledge of LO, here is a quiz courtesy of Pamplin Media: http://www.pamplinmedia.com/lor/48-news/245367-112146-so-you-think-you-know-lake-oswego
Happy New Year,
Dianne
Market Activity Dec 22-28, 2014
You’d think the real estate market would have been slow and quiet last week due to the holidays, but nope, it was rather busy. Just 4 houses came onto the market, but 16 went pending (yep, people out looking at houses and not rushing home to carve the turkey), and 10 houses became closed sales.
I don’t recall a Christmas with this many pending sales. I too had an active buyer last week. With inventory a bit down right now, there are just not a lot of houses to choose from. We encountered 3 different houses they were interested in last week and all 3 had multiple offers. We were able to put a deal together on the one that was their top choice, but it really surprised me that the week of Christmas was that competitive. It makes me feel that perhaps our spring market will start early.
New Listings December 22-28, 2014
4765 Firwood Rd, Detached, 3 BR, 2 Baths, 1728SF, $325,000
14 Hotspur, Detached, 4 BR, 2.5 Baths, 2726SF, $599,900
17838 Marylcreek Dr, Detached, 4 BR, 3.5 Baths, 4317SF, $750,000
159 5th ST, Detached, 4 BR, 3 Baths, 2970SF, $895,000
Pending Sales December 22-28, 2014
43 Crestfield Ct, Condo, 2 BR, 1 Bath, 923SF, $101,000, 64 DOM
3930 Lake Grove Ave, Detached, 2 BR, 1 Bath, 952SF, $139,900, 36 DOM
40 Oswego Summit, Condo, 2 BR, 2 Baths, 1140SF, $151,900, 224 DOM
76 Galen Rd, Condo, 2 BR, 2 Baths, 989SF, $166,900, 46 DOM
9765 Firwood Rd, Detached, 3 BR, 2 Baths, 1728SF, $325,000, 3 DOM
5275 Oakridge Rd, Detached, 3 BR, 1 Bath, 1267SF, $349,900, 22 DOM
1075 Oak Terrace, Detached, 3 BR, 2 Baths, 1356SF, $349,900, 29 DOM
4631 Wildwood St, Detached, 3 BR, 2 Baths, 1650SF, $374,900, 120 DOM
5907 Fernbrook Circle, Detached, 5 BR, 2 Baths, 1892SF, $399,900, 175 DOM
4940 Centerwood St, Detached, 4 BR, 2.5 Baths, 2093SF, $425,000, 3 DOM
533 2nd St, Condo, 2 BR, 2 Baths, 1274SF, $465,000, 46 DOM
2751 Summit Dr, Detached, 3 BR, 2 Baths, 2418SF, $658,950, 145 DOM
27 Berwick Rd, Detached, 5 BR, 3 Baths, 2968SF, $715,000, 2 DOM
18177 Delenka Ln, Detached, 5 BR, 2.5+.5 Baths, 3802SF, $830,000, 131 DOM
1267 Cherry Ln, Detached, 4 BR, 2 Baths, 3311SF, $849,000, 259 DOM
179 Furnace St, Condo, 3 BR, 3.5 Baths, 4784SF, $1,698,000, 47 DOM
Closed Sales December 22-28, 2014
4610 Lower Dr, Condo, List $114,900, Closed $114,900, 1260SF, 46 DOM
129 Kingsgate Rd, Detached, List $300,000, Closed $300,000, 1604SF, 381 DOM
1437 Oak St, Detached, List $349,000, Closed $358,000, 1070SF, 4 DOM
1405 Cedar St, Detached, List $375,000, Closed $395,000, 2570SF, 3 DOM
1318 Laurel St, Detached, List $439,900, Closed $440,000, 1649SF, 2 DOM
1045 Bullock St, Detached, List $568,000, Closed $559,000, 2105SF, 11 DOM
5726 Charles Circle, Detached, List $718,000, Closed $692,500, 3173SF, 104 DOM
1525 Maple St, Detached, List $899,000, Closed $780,000, 2815SF, 153 DOM
3600 Southshore Blvd, Detached, List $849,900, Closed $785,000, 2117SF, 83 DOM
3140 Childs Rd, Detached, List $1,950,000, Closed $1,695,000, 298 DOM
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.
Merry Christmas ~ Happy Holidays from the Blotter!
No matter what holiday you celebrate at this time of year, we (Dianne, Linda & Whitney : ) wish you a home full of Peace, a heart full of Love, and those you hold dear to be near. 