Tag: sold

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Market Activity Report Dec 5 – 11th, 2016

Hello everybody, and Happy Holidays!
I hope you all have been enjoying the snow! I heard on the radio: one of the DJs was saying that Portlanders aren’t too good at driving in the snow, or ice, or even rain sometimes for that matter. It kind of made me chuckle. I hope you all have been safe through this crazy weather, but enjoying it when you can.

This last week we only had two new houses hit the market. Hooo boy I had to go back and double, even triple, check to make sure that this information was right. Yup, just two new listings! The market is slowing down for the holidays, which gives us all a chance to focus on our families, as well as hosting/travel plans.

Well I’ll end it at that. I hope you all have a wonderful rest of the year. I’m pretty ready for 2017!

Following is the breakdown for you according to RMLS:

New on the Market (Dec 5 – 11th, 2016)

Address Type Price Bedrooms Bathrooms Sqft
1694 BONNIEBRAE DR CONDO 275,000 2 1 864
3838 RIVERS EDGE DR DETACHED 692,000 3 2.5 2849

Pending Sales (Dec 5 – 11th, 2016)

Address Type Price Bedroom Bathrooms DOM
48 EAGLE CREST DR 2F CONDO 225,500 3 2 102
5050 LOWER DR DETACHED 299,900 2 1 86
93 KINGSGATE RD DETACHED 420,000 3 2.5 6
655 2ND ST ATTACHED 499,000 2 2 18
18441 INDIAN CREEK DR DETACHED 500,000 3 2.5 1
19061 SW INDIAN CREEK AVE DETACHED 529,000 4 3 120
4978 SUNTREE LN DETACHED 535,000 3 2.5 1
4 GARIBALDI ST DETACHED 650,000 3 2.5 7
2399 PALISADES CREST DR DETACHED 699,000 5 3.5 38
286 D AVE ATTACHED 799,900 3 2.5 83
4113 WOLF BERRY CT DETACHED 834,000 4 3 26
13725 CAMEO CT DETACHED 1,500,000 5 4.5 329

Sold/Closed (Dec 5 – 11th, 2016)

Address Type List Price Close Price Sqft DOM
4000 CARMAN DR CONDO 198,000 199,875 869 3
566 S STATE ST CONDO 215,000 214,600 778 2
3962 CARMAN DR CONDO 244,900 240,000 1129 26
1864 SW KRISTI WAY DETACHED 349,950 342,000 1360 42
6 SUMMIT RIDGE CT DETACHED 399,000 365,000 1750 120
9 ORIOLE LN DETACHED 399,830 381,000 1928 153
4910 REDWING WAY DETACHED 415,000 394,475 1364 1
18861 INDIAN SPRINGS CIR DETACHED 429,500 402,000 1567 31
14588 WILMOT WAY DETACHED 558,000 505,000 2238 97
1481 GREENTREE CIR DETACHED 628,800 625,000 2878 38
13105 ROGERS RD DETACHED 679,000 656,000 2655 121
800 FAIRWAY RD DETACHED 678,000 658,000 2045 37
652 1ST ST CONDO 659,000 659,000 1986 76
13554 SOUTHWOOD CT DETACHED 750,000 750,000 2969 8
2247 SEQUOIA CT DETACHED 925,000 852,500 3493 157
716 LAKE SHORE RD DETACHED 999,000 865,000 1860 64
19371 RIVERWOOD LN DETACHED 1,300,000 1,380,000 5034 4
5405 CHILDS RD DETACHED 1,899,000 1,799,000 5702 247

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

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News & Notes ~ Oct 2016 #’s

A little news for you (+ Oct data below)~

Good news! Conforming Loan limits are rising.  Here’s a little excerpt from a piece in Realtor Magazine:

The federal government is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017, the Federal Housing Finance Agency announced Wednesday—the first such increase since 2006.

The approximately 1.7 percent bump in the baseline conforming loan limit follows the FHFA’s announcement that  the average U.S. home price has returned to its pre-decline peak, which it hit in the third quarter of 2007. The FHFA bases the loan cap on its quarterly Housing Price Index, which gauges average single-family home prices. The index rose 1.5 percent during the third quarter of 2016 and is up 6.1 percent over the past year, enough to push it above its previous high point.

Conforming loan limits are significant because they apply to home loans that meet the underwriting guidelines of Fannie Mae or Freddie Mac, the government-sponsored entities that acquire mortgages from lenders and ensure a steady flow of money to the mortgage market. Interest rates for nonconforming, or jumbo mortgages, are generally higher than rates for loans that fall under the cap, and these types of mortgages can be more difficult to obtain.

 

Here are the latest/October numbers for the entire Portland area (and Lake Oswego details below):

According to the RMLS Market Action Report for the Portland Metro Area, October, 2016:

  • There were 2,929 New Listings in October which was down a whopping 20.3% from September’s 3,673, and down 4.4% from October of 2015’s 3,063.
  • At 2,589, October Closed Sales were also down 8.3% from September’s 2,823, and down 4.7% from October of 2015’s 2,717.
  • October Pending Sales (Accepted Offers), at 2,841 were down only 0.6% from Septembers 2,857, and were also  5.2% lower than October of 2015’s 2,996.
  • The Average Sale Price in October of $405,900 was up $13,700 from September’s $392,200, and also up a whopping $45,900 from October of 2015’s $360,000.     

 

                   _____________________________________________________                                                      October Average Sale Price + Appreciation (last 12 months):

    • North Portland:               $380,400             14.6%  (Sep: $381,400)
    • NE Portland:                    $423,700             11.6%  (Sep: $437,200)
    • SE Portland:                     $384,600            11.7%  (Sep: $368,200)
    • Gresham/Troutdale:        $309,900            12.7%  (Sep: $296,900)
    • Milwaukie/Clackamas:    $372,400            11.1%  (Sep: $395,100)
    • Oregon City/Canby:         $370,500            12.7%  (Sep: $364,100)
    • Lake Oswego/West Linn:$637,400             13.2%  (Sep: $619,800)
    • West Portland:                 $606,900            11.5%  (Sep: $505,100)
    • NW Washington County: $508,000              9.0%   (Sep: $473,300)
    • Beaverton/Aloha:            $322,900            10.7%  (Sep: $335,100)
    • Tigard/Wilsonville:          $404,000            10.5%  (Sep: $400,700)
    • Hillsboro/Forest Grove:  $344,200            14.5%  (Sep: $345,300)

_____________________________________________________

The combined areas of Lake Oswego and West Linn  (RMLS lumps them together) for the month of October 2016 reported:

    •  372 Active Listings (Sep/412)
    •  143 New Listings    (Sep/191)
    •  119 Pending Sales  (Sep/159 )
    •  131 Closed Sales     (Sep/128)
    • Average Sale Price for October: $637,400  (Sep/ $619,800 )
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 66 Days  (Aug /53)
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Market Activity ~ Nov 14-27, 2016

We hope your Thanksgiving was as wonderful as ours!

This report is for the last two weeks. We saw 7 New properties enter the market in Lake Oswego, 26 move to Pending status, and 34 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Nov 14-27, 2016)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #7 $114,900 1 1 617 CONDO
12 BUCKINGHAM TER $499,000 2 2 1457 ATTACHD
50 HILLSHIRE DR $565,000 4 3 1920 DETACHD
5192 COVENTRY CT $635,000 4 2.1 2259 DETACHD
205 5TH ST $645,000 5 2.1 3188 DETACHD
655 2ND ST $829,000 4 3 2556 DETACHD
18531 WAXWING WAY $995,000 6 3.1 3642 DETACHD

PENDING SALES (Nov 14-27, 2016)

Address List Price # Beds # Baths Total SF Prop Type CDOM
121 LEONARD STn #A $300,000 3 2 1136 CONDO 4
4386 THUNDER VISTA LN $359,000 2 2.1 1903 ATTACHD 13
18630 WOOD DUCK ST $385,000 3 2 1808 DETACHD 1
1 SAINT HELENS CIR $424,900 3 2.1 1422 DETACHD 26
15 MASARYK ST $459,500 4 3 3864 DETACHD 247
14798 DAVIS LN $469,750 2 2.1 1698 ATTACHD 61
17766 ARBOR LN $470,000 3 2 1561 DETACHD 118
19 FALSTAFF ST $515,000 4 2.1 3207 DETACHD 207
937 F AVE $575,000 3 2 1382 DETACHD 4
1775 FERNWOOD DR $589,000 6 3 2640 DETACHD 60
4801 Heritage LN $598,500 3 2.1 2205 DETACHD 113
12504 SHELBY CT $625,000 4 2.1 2860 DETACHD 22
1481 GREENTREE CIR $628,800 4 3 2878 DETACHD 38
17533 ERIN CT $629,000 3 2.1 3039 DETACHD 72
1501 WOODLAND TER $649,900 5 3.1 3992 DETACHD 30
17920 MEADOWLARK LN $675,000 4 2.1 2716 DETACHD 4
5530 Dunmire DR $685,000 4 3 3040 DETACHD 187
6457 MCDUFF CT $733,500 4 3.1 3193 DETACHD 10
2325 OAKHURST LN $759,900 5 2.1 3627 DETACHD 153
15501 DIAMOND HEAD RD $995,000 4 3 2353 DETACHD 187
17084 CHAPIN WAY $1,225,000 4 3.1 4028 DETACHD 10
19331 LORNA LN $1,295,000 4 3.1 5070 DETACHD 100
1790 SKYLAND DR $1,295,000 4 4.1 5684 DETACHD 4
401 9TH ST $1,375,000 4 3.1 4288 DETACHD 62
315 BERWICK RD $2,295,000 4 3.1 4860 DETACHD 155
3232 LAKEVIEW BLVD $5,450,000 4 4.1 7925 DETACHD 280

SOLD (Nov 14-27, 2016)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
11 CRESTFIELD CT – Grnd $129,500 $129,500 1 1 550 CONDO 3
86 KINGSGATE RD #i204/Upper $159,000 $149,500 2 2 840 CONDO 24
4 TOUCHSTONEn #90 $199,000 $168,537 3 2.1 1351 CONDO 165
45 EAGLE CREST DR #211 $219,000 $200,000 2 2 1046 CONDO 68
45 EAGLE CREST DR #411 $221,900 $216,000 2 2 1214 CONDO 8
4 ERASMUS ST $273,800 $273,800 2 2.1 1547 ATTACHD 1
4083 JEFFERSON PKWY $299,000 $297,000 2 2.1 1202 CONDO 37
5804 KENNYCROFT WAY $295,000 $311,000 3 1.1 1008 DETACHD 3
1299 BOCA RATAN DR $319,900 $316,950 3 2.1 1858 ATTACHD 2
43 ORIOLE LN $385,000 $365,000 2 2 1810 DETACHD 62
5500 MCEWAN RD $435,000 $394,000 3 2 1820 DETACHD 131
4720 LOWER DR $415,000 $405,000 4 2 2404 DETACHD 3
17623 SCHALIT WAY $435,000 $435,000 3 2 1577 DETACHD 6
1706 MEADOWS DR $499,900 $490,000 3 2 1698 DETACHD 47
17901 STAFFORD RD $640,000 $495,000 3 2 2254 DETACHD 103
261 ASH ST $499,900 $500,000 3 2 1788 DETACHD 10
950 LAKE FRONT RD $549,900 $508,000 4 2.1 2112 DETACHD 34
3520 LANEWOOD ST $579,000 $546,400 3 2 1850 DETACHD 30
4575 OAKRIDGE RD $560,000 $552,000 3 2.1 2040 ATTACHD 27
1920 PARK FOREST AVE $575,000 $565,000 3 3 2679 DETACHD 32
18171 BRYANT RD $799,000 $590,000 3 2 2984 DETACHD 78
4581 TRILLIUM WOODS $615,000 $615,000 3 2.1 2211 ATTACHD 9
14102 KIMBERLY CIR $749,000 $675,000 4 3.1 3103 DETACHD 87
2981 VALE CT $739,900 $690,000 5 2.1 3516 DETACHD 69
5907 BAY POINT DR $720,000 $720,000 4 2.1 3278 DETACHD 1
4550 DOGWOOD DR $899,000 $820,000 3 3 3460 DETACHD 116
14389 EDENBERRY DR $895,000 $860,000 3 2.1 3055 DETACHD 0
876 9TH ST $1,099,900 $1,072,000 4 2.1 2699 DETACHD 101
582 9TH ST $889,000 $1,115,000 3 3.1 2841 DETACHD 946
1961 Cheryl CT $1,375,000 $1,260,000 5 4.1 5124 DETACHD 183
2092 SUMMIT DR $1,579,000 $1,614,000 4 4.1 4527 DETACHD 17
13012 KNAUS RD $1,825,000 $1,787,500 4 3.2 4796 DETACHD 49
980 EVERGREEN RD $2,280,000 $2,100,000 5 5.2 5644 DETACHD 90
1355 Country Commons $1,995,000 $2,337,362 4 3.1 4238 DETACHD 198

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

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Market Activity Report for November 7 – 11th, 2016

Hey everybody!
I hope your November has been awesome. Have you all noticed that the grocery stores have almost completely skipped Thanksgiving? Like what is up with that? I feel like I was just in Halloween land at the Albertsons and now suddenly its Christmas!
In any case, the real estate market has maintained a steady rhythm. Condos continue to be a hot item, and houses starting at 400,000 to 700,000 continue to be bought and sold at an even pace.

Last week we saw 16 new listings, 23 pending houses, and 10 closed homes!

Following is the breakdown for you according to RMLS:

New on the Market (Nov 07th-13th, 2016)

Address Type Price Bedrooms Bathrooms Sqft
1368 BOCA RATAN DR ATTACHED 325,000 3 2 1611
4386 THUNDER VISTA LN ATTACHED 359,000 3 2.5 1903
18220 INDIAN CREEK DR DETACHED 489,000 4 2 1736
5000 CARMAN DR DETACHED 499,900 2 2.5 2010
440 9th ST DETACHED 675,000 3 2 2269
1422 ASH ST DETACHED 699,000 4 3 2997
17517 OAK MEADOW LN DETACHED 719,000 4 2.5 2952
6457 MCDUFF CT DETACHED 733,500 4 3.5 3193
4113 WOLF BERRY CT DETACHED 839,000 4 3 2922
429 6th ST DETACHED 1,049,000 4 2.5 3205
47 Lamont WAY DETACHED 1,079,000 4 3.5 3043
13599 MEADOWCREEK LN DETACHED 1,099,000 4 3.5 3170
15804 ALLISON PL DETACHED 1,149,000 4 2.5 3751
17084 CHAPIN WAY DETACHED 1,225,000 4 3.5 4028
4434 LAKE VIEW BLVD DETACHED 1,375,000 3 3 2803
1952 HIGHLANDS LOOP DETACHED 2,190,000 4 4.5 4446

Pending Sales (Nov 07th-13th, 2016)

Address Type Price Bedroom Bathrooms DOM
100 KERR PKWY #44 CONDO 150,500 2 1.5 55
4 TOUCHSTONE #109 CONDO 160,000 2 2 264
4 TOUCHSTONE #90 CONDO 199,000 3 2.5 165
131 OSWEGO SMT CONDO 200,000 2 2 57
4083 JEFFERSON PKWY CONDO 299,000 2 2.5 37
51 ORIOLE LN DETACHED 369,900 3 2 1
17311 MANDI LN DETACHED 379,000 3 2.5 115
5720 KENNY ST DETACHED 389,900 3 2 43
4910 REDWING WAY DETACHED 415,000 3 1.5 1
7 CONDOLEA DR CONDO 449,900 3 3 4
2520 SOUTHSHORE BLVD DETACHED 449,900 3 2.5 7
17 LAUREL ST DETACHED 499,500 3 1.5 148
550 2ND ST CONDO 500,000 2 2.5 13
37 HILLSHIRE DR DETACHED 619,000 4 3 52
16 BECKET ST DETACHED 625,000 3 3 126
15939 TWIN FIR RD DETACHED 649,000 3 2 6
652 1ST ST CONDO 659,000 2 2.1 76
4279 ALBERT CIR DETACHED 685,000 3 2.5 125
490 IRON MOUNTAIN BLVD DETACHED 699,900 2 2 2
716 LAKE SHORE RD DETACHED 890,000 3 2 64
581 OAK MEADOW DR DETACHED 1,199,000 4 4.5 307
2301 WEMBLEY PARK RD DETACHED 1,269,900 4 3.5 0
13648 GOODALL RD DETACHED 1,795,000 4 4.5 56

Sold/Closed (Nov 07th-13th, 2016)

Address Type List Price Close Price Sqft DOM
3433 MCNARY PKWY CONDO 229,900 222,000 1344 26
4325 SILVER CT CONDO 260,000 332,250 1844 67
1677 LAUREL ST DETACHED 489,000 490,000 2445 6
13551 SOUTHWOOD CT DETACHED 725,000 667,500 3115 86
654 1ST ST CONDO 689,000 683,000 2140 35
5037 PARKHILL ST DETACHED 729,000 705,000 3157 25
13745 CAMEO CT DETACHED 868,950 750,000 3380 153
650 1ST ST CONDO 899,000 899,000 2767 23
2786 GLENMORRIE DR DETACHED 1,500,000 1,415,000 6095 128
15365 TWIN FIR RD DETACHED 1,500,000 1,417,110 4574 110

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

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News & Notes – Sept 2016

Here are the latest/September numbers for the entire Portland area (and Lake Oswego details below):

According to the RMLS Market Action Report for the Portland Metro Area, September, 2016:

    • There were 3,673 New Listings in September which was down a whopping 12.6% from August, and up 7.3% from September of 2015.
    • At 2,823, September Closed Sales were also down 5.9% from August’s 3,001, and down 6.2% from September of 2015’s 3,010.
    • September Pending Sales (Accepted Offers), at 2,857 were down 14.1% from August’s 3,325, and were also  3.8% lower than September of 2015’s 2,971.
    • The Average Sale Price in September of $392,200 was down $7,900 from August’s $400,100, and also up around $43,200 from September of 2015’s $349,000.                         _____________________________________________________                                   September Average Sale Price + Appreciation (last 12 months):
    • North Portland:  $381,400                             14.3%   (Aug: $373,400/12.8%)
    • NE Portland:  $437,200                                    10.3%  (Aug: $426,400/ 9.2%)
    • SE Portland:  $368,200                                    11.0%  (Aug: $369,400 / 11.0%
    • Gresham/Troutdale:   $296,900                  12.6%  (Aug: $311,600 / 13.1%)
    • Milwaukie/Clackamas:   $395,100               11.1%  (Aug: $385,300  / 8.6%)
    • Oregon City/Canby:   $364,100                      11.6%  (Aug: $364,100 / 12.8%)
    • Lake Oswego/West Linn:    $619,800         14.2%  (Aug: $619,600 / 11.8%)
    • West Portland:    $505,100                              10.3%  (Aug: $572,100 / 9.8%)
    • NW Washington County:    $473,300           7.8%  (Aug: $495,200  / 7.0%)
    • Beaverton/Aloha:     $335,100                          9.9%  (Aug: $350,300 / 9.4%)
    • Tigard/Wilsonville:    400,700                       10.6%  (Aug: $402,200  / 10.7%)
    • Hillsboro/Forest Grove:    $345,300            14.1%  (Aug: $328,100 / 12.4%)

_____________________________________________________

The combined areas of Lake Oswego and West Linn  (RMLS lumps them together) for the month of September 2016 reported:

    •  412 Active Listings (Aug/452)
    •  191 New Listings    (Aug/229)
    •  159 Pending Sales  (Aug/162)
    •  128 Closed Sales     (Aug/166)
    • Average Sale Price for September: $619,800   (Aug/ $619,600)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 53 Days  (Aug /59)

 

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Market Activity ~ Oct 24-30, 2016

Last week we saw 6 New properties enter, 20 move to Pending status, and 24 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 24-30, 2016)

Address List Price # Beds # Baths Total SF Prop Type
550 2ND ST $500,000 2 2.1 1540 CONDO
64 TOUCHSTONE $585,000 4 2.1 3494 DETACHD
2399 PALISADES CREST DR $749,000 5 3.1 4452 DETACHD
2092 SUMMIT DR $1,579,000 4 4.1 4527 DETACHD
16819 GREENBRIER RD $2,250,000 4 4 3022 DETACHD
1475 SKYLAND DR $2,600,000 4 4.1 9300 DETACHD

PENDING SALES (Oct 24-30, 2016)

Address List Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #411 $221,900 2 2 1214 CONDO 8
5804 KENNYCROFT WAY $295,000 3 1.1 1008 DETACHD 3
4450 THUNDER VISTA LN $298,000 2 2.1 2040 ATTACHD 5
1299 BOCA RATAN DR $319,900 3 2.1 1858 ATTACHD 2
12848 BOONES FERRY RD $335,000 2 2.1 1182 CONDO 0
1875 FERNWOOD DR $349,900 3 1.1 1102 DETACHD 11
94 GREENRIDGE CT $364,900 3 2 1752 ATTACHD 57
6 SUMMIT RIDGE CT $399,000 2 2.1 1750 ATTACHD 120
1 SAINT HELENS CIR $424,900 3 2.1 1422 DETACHD 5
4208 HARVEY WAY $475,000 4 2 2132 DETACHD 3
208 ASH ST $529,500 3 2 1912 DETACHD 5
4575 OAKRIDGE RD $560,000 3 2.1 2040 ATTACHD 27
18171 BRYANT RD $625,000 3 2 2984 DETACHD 67
4328 LORDS LN $699,950 3 3 4354 DETACHD 59
17700 LEAFY LN $779,500 4 2.1 3666 DETACHD 76
878 10TH ST $879,000 2 2 1900 DETACHD 29
876 9TH ST $1,099,900 4 2.1 2699 DETACHD 0
1122 BAYBERRY RD $1,199,900 5 3 3259 DETACHD 135
13959 FOSBERG RD $1,800,000 4 5.1 5075 DETACHD 183
5405 CHILDS RD $1,899,000 5 4.1 5702 DETACHD 206

SOLD (Oct 24-30, 2016)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #13 117000 113000 1 1 617 CONDO 23
354 CERVANTES CIR #1C 158000 150000 2 1.1 912 CONDO 9
86 KINGSGATE RD #B103 158900 150000 2 2 924 CONDO 149
4628 LOWER DR #B1 149999 157500 2 1.1 1170 CONDO 3
76 GALEN ST #76 199900 199900 2 2 989 CONDO 6
76 OSWEGO SMT – Upper 199900 220000 2 2 1212 CONDO 43
38 GREENRIDGE CT 365000 365000 3 2.1 1996 ATTACHD 46
1248 ASH ST 399950 399000 2 1 1631 DETACHD 98
17 ORIOLE LN 425000 420000 3 2.1 1800 DETACHD 3
4752 REMBRANDT LN 439900 449000 3 2.1 1655 DETACHD 3
15711 BOONES WAY 499000 510500 3 2 1973 DETACHD 25
3845 TEMPEST DR 574000 530000 4 2.1 2000 DETACHD 71
1590 LARCH ST 640000 587500 5 2.1 2836 DETACHD 66
2600 PARK RD 624900 590000 3 3 2240 DETACHD 5
1837 CEDAR CT 629000 600000 5 3 2625 DETACHD 92
3180 WESTVIEW CIR 749000 675000 3 2.1 2787 DETACHD 82
2484 MARYLSHIRE LN 799000 758000 4 3.1 4283 DETACHD 64
5314 CHILDS RD 864000 775000 4 2.1 3272 DETACHD 109
17572 SHEPHERDS CT 879900 820000 4 3 2983 DETACHD 69
2527 PALISADES CREST DR 999999 885000 3 2.1 3738 DETACHD 86
13017 KNAUS RD 1075000 1075000 4 3.1 4690 DETACHD 89
683 5TH ST 1178000 1180000 4 3 2811 DETACHD 0
17313 BLUE HERON RD 2000000 1990000 4 3.1 3480 DETACHD 35
12740 FIELDING RD 2100000 2075000 4 2.1 3453 DETACHD 111

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

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Market Activity Report Oct 10th – 23rd, 2016

Hello everybody! I hope your October is wonderful!
I keep having our tree out front dump a bunch of leaves all over my car. I feel like I wash it and suddenly its covered in leaves again, isn’t fall great!? Haha.
These last few weeks we saw plenty of activity, especially with condos. The house on 9 Spinosa has sold, which I always thought was a super cool looking house! So congrats on the sale you guys!

These last two weeks we saw 29 houses up for sale, 26 houses pending, and 26 homes sold!

Following is the breakdown for you according to RMLS:

New on the Market (Oct 10th-23rd, 2016)

Address Type Price Bedrooms Bathrooms Sqft
45 EAGLE CREST DR #411 CONDO 221,900 2 2 1214
4 TOUCHSTONE #102 CONDO 237,500 4 2 1488
200 BURNHAM RD #206 CONDO 240,000 2 1 1199
3962 CARMAN DR CONDO 244,900 2 0.5 1129
183 OSWEGO SMT CONDO 265,000 2 2 1506
5050 LOWER DR DETACHED 299,900 2 1 1375
1875 FERNWOOD DR DETACHED 349,900 3 1.5 1102
17311 MANDI LN DETACHED 379,000 3 2.5 1935
18914 LONGFELLOW AVE DETACHED 455,000 3 1.5 1232
5635 WINDFIELD LOOP DETACHED 460,000 2 2 1455
15 TOUCHSTONE DETACHED 495,000 4 2.5 2276
1709 MEADOWS DR DETACHED 497,000 4 2.5 2288
208 ASH ST DETACHED 529,500 3 2 1912
16577 GLENWOOD CT DETACHED 545,000 4 3 3279
1669 OAK ST DETACHED 589,000 5 2.5 2649
151 C AVE ATTACHED 624,900 2 2.5 1934
1501 WOODLAND TER DETACHED 649,900 5 3.5 3992
57 EAGLE CREST DR DETACHED 724,900 5 2.5 3884
14061 TAYLORS CREST LN DETACHED 779,000 4 2.5 2970
1 DOVER WAY DETACHED 1,100,000 4 3 3559
605 COUNTRY CLUB RD DETACHED 1,100,000 4 2.5 3422
4 DOVER WAY DETACHED 1,195,000 4 2.5 3779
849 F AVE DETACHED 1,199,900 3 2.5 2674
4390 LORDS LN DETACHED 1,295,000 4 3.5 3693
752 8TH ST DETACHED 1,350,000 5 3.5 4550
404 FAIRMONT RD DETACHED 1,495,000 4 4.5 3948
13725 CAMEO CT DETACHED 1,500,000 5 4.5 4803
915 SKYLAND DR DETACHED 1,590,000 5 5.5 7072
4140 CANAL RD DETACHED 3,999,000 8 7.5 11956

Pending Sales (Oct 10th-23rd, 2016)

Address Type Price Bedroom Bathrooms DOM
100 KERR PKWY #13 CONDO 117,000 1 1 23
3433 MCNARY PKWY CONDO 149,900 2 2 4
4 TOUCHSTONE CONDO 160,000 2 2 244
4000 CARMAN DR CONDO 198,000 2 2 3
3433 MCNARY PKWY CONDO 229,900 3 2 26
4083 JEFFERSON PKWY CONDO 299,000 2 2.5 17
71 GREENRIDGE CT CONDO 345,000 3 2.5 116
18644 SW KRISTI WAY DETACHED 349,950 2 2 42
43 ORIOLE LN DETACHED 365,000 2 2 62
60 WHEATHERSTONE CONDO 375,000 3 3 3
10 SAINT HELENS CIR DETACHED 409,900 2 2 6
1935 FERNWOOD DR DETACHED 455,000 4 3 106
18250 INDIAN CREEK DR DETACHED 469,900 3 2 3
14588 WILMOT WAY DETACHED 538,000 5 3 97
1570 WOODLAND TER DETACHED 579,000 3 2 3
4681 TRILLIUM WOODS ATTACHED 585,000 3 2.5 29
1264 ROCKINGHORSE LN DETACHED 599,000 4 2.5 22
4583 TRILLIUM WOODS ATTACHED 599,000 3 2.5 49
4581 TRILLIUM WOODS ATTACHED 615,000 3 2.5 9
13105 ROGERS RD DETACHED 675,000 4 3 121
800 FAIRWAY RD DETACHED 678,000 3 2 37
14867 TWIN FIR CT DETACHED 699,900 4 3.5 63
5907 BAY POINT DR DETACHED 720,000 4 2.5 1
13554 SOUTHWOOD CT DETACHED 750,000 3 2.5 8
1601 PINE ST DETACHED 894,900 4 3.5 83
13372 FIELDING RD DETACHED 1,000,000 4 4.5 119

Sold/Closed (Oct 10th-23rd, 2016)

Address Type List Price Close Price Sqft DOM
4 TOUCHSTONE CONDO 150,000 151,344 984 7
47 EAGLE CREST DR CONDO 149,900 154,000 932 6
86 KINGSGATE RD CONDO 154,900 154,400 849 8
4000 CARMAN DR 108 CONDO 169,900 170,000 767 5
4000 CARMAN DR A10 CONDO 169,900 190,000 836 5
48 EAGLE CREST DR CONDO 269,000 279,000 1538 10
4960 CENTERWOOD ST DETACHED 549,000 509,000 1663 77
13142 PETERS RD DETACHED 499,900 517,500 2412 17
3200 UPPER DETACHED 499,999 521,000 2543 2
4 ESSEX CT DETACHED 549,900 530,000 2835 23
14863 TWIN FIR CT DETACHED 539,500 543,000 1648 14
9 SPINOSA DETACHED 595,000 569,000 2250 11
16 INDEPENDENCE AVE DETACHED 675,000 607,000 3979 65
32 WILBUR ST CONDO 635,000 660,000 2671 5
1875 CREST DR DETACHED 729,000 725,000 2798 7
5435 WESTFIELD CT DETACHED 790,000 749,900 2796 32
1172 TROON RD DETACHED 827,500 750,000 2504 103
5267 LAKEVIEW BLVD DETACHED 900,000 879,000 3454 29
16830 CHAPIN WAY DETACHED 949,000 905,000 3097 22
13079 AMBER PL DETACHED 948,000 930,000 3200 165
151 BERWICK RD DETACHED 999,500 945,000 4387 37
17432 KELOK RD DETACHED 1,025,000 1,025,000 2884 33
855 G AVE DETACHED 1,599,000 1,460,000 3710 309
610 4th ST DETACHED 1,600,000 1,530,000 3394 31
1400 RIDGECREST DR DETACHED 2,250,000 1,950,000 4202 113
1190 FAIRWAY RD DETACHED 2,315,000 2,315,000 5121 0

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

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Market Activity ~ Sept 26-Oct 2, 2016

Ah, Fall…

It brings back memories of when I bought my Lake Oswego home.  My son was in 2nd grade many years ago, and I wanted him to be able to attend Lake Oswego schools, so we put our home on the market, sold it quickly and moved to our new home on Thanksgiving Day. I remember the leaves were flying in the breeze through my lovely new garden. I chose the Palisades Neighborhood which boasts a fabulous dog park at Luscher Farm, Palisades Market (which is just *the best*), quick access down McVey/Stafford into Portland via Hwy 43 as well as views of the valley and all the amenities… the Lake Theater & Cafe  close by where you can wait for a movie with a view of the lake, Christmas Trees every year from the Boy Scout Troop at George Rogers Park, shopping at Chico’s and the other fine shops at Lake View Village, eating on or near the lake at several fine establishments including Manzana, Stikmen & Tucci’s. I began my real estate practice in Lake Oswego, and took on the many roles of an active mom who wanted the best for my son in those days.  I served as Publicity Chair and then President of the former Waluga Jr High Booster Club, and learned to Love the community with each passing year.

Fall is a fabulous time to buy a home in Lake Oswego ; )

Happy hunting!

Linda

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Last week we saw 10 New properties enter, 18 move to Pending status, and 19 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Sept 26-Oct 2, 2016)

Address List Price # Beds # Baths Total SF Prop Type
668 MCVEY AVE/Lower $475,000 3 1.1 992 CONDO
4575 OAKRIDGE RD $560,000 3 2.1 2040 ATTACHD
1264 ROCKINGHORSE LN $599,000 4 2.1 2293 DETACHD
1175 HALLINAN CIR $735,000 4 3 3341 DETACHD
878 10TH ST $879,000 2 2 1900 DETACHD
605 COUNTRY CLUB RD $1,100,000 4 2.2 3422 DETACHD
18402 ANDUIN TER $1,185,000 4 3.1 4166 DETACHD
653 A AVE $1,339,000 3 2.1 2628 DETACHD
1968 CHERYL CT $1,599,000 4 4.3 6153 DETACHD
16538 MAPLE CIR 1150000 – 1225000 4 3.1 3174 DETACHD


SOLD (Sept 26-Oct 2, 2016)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3928 CARMAN DR $239,900 2 2.1 1130 CONDO 5
18540 KRISTI WAY $329,950 3 1.1 1246 DETACHD 50
5040 TUALATA LN $339,000 3 1 1389 DETACHD 30
94 GREENRIDGE CT $364,900 3 2 1752 ATTACHD 27
38 GREENRIDGE CT $365,000 3 2.1 1996 ATTACHD 46
9 ORIOLE LN $399,830 3 3 1928 DETACHD 318
5051 W SUNSET DR $484,000 2 2.1 1734 ATTACHD 58
1706 MEADOWS DR $499,900
Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4619 LAKEVIEW BLVD / Grnd $129,000 $120,000 1 1 753 CONDO 30
217 CERVANTES / Lower $219,000 $219,000 2 1.1 1204 CONDO 9
54 GALEN ST / Upper $248,000 $225,000 2 2 995 CONDO 32
16443 LAKE FOREST BLVD $395,000 $411,000 3 2 1474 DETACHD 4
4188 COBB WAY $575,000 $480,000 6 3 2577 DETACHD 51
19080 INDIAN SPRINGS CIR $450,000 $490,000 3 2 2235 DETACHD 4
18715 INDIAN CREEK DR $529,900 $532,000 3 2 2076 DETACHD 118
510 COUNTRY CLUB RD $655,000 $532,000 4 3 3274 DETACHD 105
4962 HARVARD CT $559,000 $535,000 4 2.1 2522 DETACHD 42
18121 PIONEER CT $648,000 $648,000 4 2.1 2310 DETACHD 41
5 CELLINI CT $788,900 $699,900 5 3.1 4659 DETACHD 178
100 LEONARD ST / Upper $749,000 $730,000 3 2.1 2734 CONDO 17
29 HILLSHIRE DR $799,000 $805,000 3 2.1 4638 DETACHD 0
1300 ANDREWS RD $1,290,000 $1,072,000 5 3 4810 DETACHD 60
14599 DORIS AVE $1,143,666 $1,132,477 5 3.1 3903 DETACHD 0
1131 NORTHSHORE RD $1,350,000 $1,200,000 4 3 3850 DETACHD 374
629 5TH ST $1,385,000 $1,295,000 4 2.1 2985 DETACHD 53
1814 Highlands LOOP $1,700,000 $1,700,000 3 4.1 5635 DETACHD 224
13600 GOODALL RD $2,295,000 $2,100,000 6 6.1 6612 DETACHD 44

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

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Market Activity for September 19 – 25th, 2016

Hey everybody, hope that the ease into fall has been good. I certainly noticed as soon as there were leaves everywhere! But with the change in temperature comes cold season. So make sure to keep your homes nice and warm, and stock up on good tea!

18 New listings, 25 pending, 14 sold homes!

Following is the breakdown for you according to RMLS:

New on the Market (Sept 19-25, 2016)

Address Type Price Bedrooms Bathrooms Sqft
100 KERR PKWY #13 CONDO 117,000 1 1 617
155 OSWEGO SMT CONDO 259,000 2 2 1506
5720 KENNY ST DETACHED 389,900 2 2 1416
4191 SOUTHSHORE BLVD DETACHED 455,000 3 2 1012
14798 DAVIS LN ATTACHED 479,900 2 2.5 1698
19242 TERRY AVE DETACHED 493,900 4 2 1872
1775 FERNWOOD DR DETACHED 589,000 6 3 2640
17872 PILKMINGTON RD DETACHED 595,000 3 2 1610
13105 ROGERS RD DETACHED 679,900 4 3 2655
44 NOVA CT DETACHED 749,900 4 2.5 2868
264 D AVE ATTACHED 799,900 3 2.5 2011
27 BERWICK RD DETACHED 829,000 5 3 2968
13372 FIELDING RD DETACHED 1,000,000 4 4.5 3556
671 5th ST DETACHED 1,178,000 4 2.5 2781
915 CEDAR ST DETACHED 1,200,000 4 3.5 3219
17 BERGIS FARM DR DETACHED 1,289,900 4 2.5 4396
401 9th ST DETACHED 1,390,000 4 3.5 4288
12812 GOODALL RD LOT10 DETACHED 1,995,000 5 4.5 4808

Pending Sales (Sept 19-25, 2016)

Address Type Price Bedroom Bathrooms DOM
86 KINGSGATE RD CONDO 154,900 2 2 8
4 TOUCHSTONE CONDO 185,000 3 2.5 10
74 GALEN ST CONDO 199,900 2 2 35
4325 SILVER CT CONDO 340,000 3 2.5 67
4214 WOODSIDE CIR ATTACHED 359,000 3 2.5 32
18851 PILKINGTON RD DETACHED 399,000 3 2 54
5500 MCEWAN RD DETACHED 400,000 3 2 131
4720 LOWER DR DETACHED 415,000 4 2 3
17623 SCHALIT WAY DETACHED 435,000 3 2 6
14863 TWIN FIR CT DETACHED 539,500 3 2 14
17911 LAKE HAVEN DR DETACHED 548,000 4 2.5 58
652 8TH ST DETACHED 549,900 2 1 4
3845 TEMPEST DR DETACHED 549,900 4 2.5 71
2825 VALE CT DETACHED 575,000 4 3 4
6051 SUMMER WOODS DETACHED 610,000 4 2.5 3
712 LAKE FOREST DR DETACHED 690,000 3 2 6
3195 EDGEMONT RD DETACHED 699,000 3 2 91
5681 YORKSHIRE CT DETACHED 699,900 4 2.5 97
2981 VALE CT DETACHED 699,900 5 2.5 69
5037 PARKHILL ST DETACHED 729,000 4 2.5 25
18462 PIONEER CT DETACHED 819,000 5 3 42
4176 UPPER DR DETACHED 839,000 4 3 32
17867 SUNDOWN CT DETACHED 850,000 3 3.5 35
5314 CHILDS RD DETACHED 859,900 4 2.5 109
650 1ST ST CONDO 899,000 3 2.5 23

Sold/Closed (Sept 19-25, 2016)

Address Type List Price Close Price Sqft DOM
4000 CARMAN DR CONDO 199,900 193,000 834 34
219 CERVANTES CONDO 220,000 215,000 1100 44
71 OSWEGO SUMMIT CONDO 217,500 216,000 1140 2
193 OSWEGO SMT CONDO 235,000 243,000 1383 6
18440 SW DONLEE WAY DETACHED 385,000 385,000 1223 2
1223 HEMLOCK ST DETACHED 422,000 415,000 748 118
5850 BONITA RD DETACHED 527,500 458,000 1272 132
17200 CANAL CIR DETACHED 585,000 585,000 1774 90
17323 LAKE HAVEN DR DETACHED 699,900 699,900 1864 4
1015 SHER LN DETACHED 899,999 850,000 3511 37
17259 LOWENBERG TER DETACHED 895,000 895,000 2955 5
527 10th ST DETACHED 1,150,000 1,125,000 2677 62
3118 DOUGLAS CIR DETACHED 1,339,000 1,280,000 3570 56
780 NORTHSHORE RD DETACHED 2,222,000 2,170,000 2201 10

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

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News & Notes ~ August 2016

Here are the latest/August numbers for the entire Portland area:

According to the RMLS Market Action Report for the Portland Metro Area, June, 2016:

  • There were 4,203 New Listings in August which was down 3.9% from July, and up 8.3% from August of 2015.
  • At 3,001, August Closed Sales were up 8.1% from July’s 2,776, and down 3.1% from August of 2015’s 3,098.
  • August Pending Sales (Accepted Offers), at 3,325 were up  0.7% from July’s 3,302, and were also  0.7% lower than August of 2015’s 3,347.
  • The Average Sale Price in August of $400,100 was down $7,000 from July’s $407,100, and also up around $35,500 from August of 2015’s $364,600. 

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The combined areas of Lake Oswego and West Linn  (RMLS lumps them together) for the month of August 2016 reported:

    •  452 Active Listings (July/410)
    •  229 New Listings    (July/288)
    •  162 Pending Sales  (July/189)
    •  166 Closed Sales     (July/165)
    • Average Sale Price for August: $619,600   (July/ $650,200)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 59 Days  (July /45)