Here is your market activity report for January 24 to 30, 2011. Last week brought us 16 new listings, 12 pending sales, and 9 closed sales.
See below for further details according to RMLS:
NEWLY LISTED (Jan 24-30, 2011)
| Address | Type | Price | Sq FT | BR | Baths |
| 12 Crestfield Ct #12 | Condo | $54,900 | 552 | 1 | 1 |
| 668 McVey Ave #74 | Condo | $110,000 | 626 | 1 | 1 |
| 57 Church St | Condo | $134,500 | 636 | 1 | 1 |
| 4043 Jefferson Pkwy | Condo | $143,000 | 1182 | 2 | 2.5 |
| 6 Condolea Dr | Condo | $198,000 | 1312 | 2 | 2 |
| 151 Kingsgate Rd | Detached | $275,000 | 1585 | 3 | 2 |
| 18715 Indian Creek Dr | Detached | $353,900 | 1976 | 3 | 2 |
| 1717 Woodland Ter | Detached | $388,426 | 2146 | 3 | 2.5 |
| 9 Condolea Dr | Condo | $395,000 | 2198 | 3 | 3 |
| 4750 Auburn Ln | Attached | $439,000 | 2679 | 3 | 3.5 |
| 6 Westridge Dr | Detached | $509,000 | 3169 | 4 | 2.5 |
| 16880 Maple Cir | Detached | $549,950 | 2080 | 3 | 3 |
| 3899 Daniel Way | Detached | $550,000 | 3112 | 4 | 2.5 |
| 13615 Knaus Rd | Detached | $575,000 | 1755 | 2 | 2 |
| 324 9th St | Detached | $824,500 | 2743 | 4 | 2.5 |
| 100 Giribaldi St | Detached | $899,000 | 4572 | 5 | 3.5+.5 |
PENDING SALES (Jan 24-30, 2011)
| Address | Type | Price | Sq Ft | BR | Baths | CDOM |
| 15930 Waluga Dr | Detached | $225,000 | 1040 | 3 | 1.5 | 505 |
| 790 Boca Ratan Dr | Detached | $242,403 | 2112 | 3 | 2 | 42 |
| 18148 Belmore Ave | Detached | $245,000 | 1008 | 3 | 1 | 7 |
| 427 9th St | Detached | $284,900 | 2130 | 4 | 2 | 136 |
| 939 Sunnyhill Ct | Detached | $349,900 | 3250 | 4 | 2.5 | 236 |
| 521 2nd St #104 | Condo | $399,000 | 1339 | 2 | 2 | 742 |
| 1189 Sunningdale Ct | Detached | $424,900 | 2072 | 3 | 2.5 | 114 |
| 22 Del Prado St | Detached | $559,900 | 4056 | 5 | 3.5 | 114 |
| 15459 Village Dr | Detached | $649,000 | 3059 | 4 | 3.5 | 88 |
| 610 Cabana Ln | Detached | $849,000 | 1729 | 3 | 2 | 171 |
| 735 Terrace Dr | Detached | $1,300,000 | 3090 | 3 | 2.5 | 221 |
| 18000 Eastridge Ln | Detached | $1,500,000 | 5554 | 4 | 5.5 | 562 |
SOLD (Jan 24-30, 2011)
| Address | Orig. Price | Sold Price | Type | Sq Ft | CDOM |
| 4093 Jefferson Pkwy | $199,000 | $150,000 | Attached | 1359 | 175 |
| 4438 Thunder Vista | $199,900 | $169,900 | Condo | 2040 | 73 |
| 464 5th St | $197,715 | $197,800 | Condo | 1092 | 61 |
| 14101 Goodall Rd | $350,000 | $286,000 | Detached | 1816 | 128 |
| 15824 Boones Way | $384,900 | $350,000 | Detached | 1895 | 58 |
| 1931 Woodland Ter | $369,000 | $350,000 | Detached | 2817 | 269 |
| 73 Tanglewood Dr | $437,450 | $380,000 | Detached | 4278 | 613 |
| 611 Iron Mtn Blvd | $510,000 | $445,000 | Detached | 1322 | 149 |
| 4464 Lakeview Blvd | $1,399,000 | $1,295,000 | Detached | 3612 | 83 |
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 Report ~ Jan 17-23, 2011
There was an amazing amount of “freshening” of listings done last week. Out of 33 properties listed as “new” on the market, only 11 were truly New listings. Last Week Lake Oswego also saw 16 Pending sales, and 10 Closed sales according to RMLS.
See below for further details according to RMLS:
NEWLY LISTED (Jan 17-23, 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 16200 PACIFIC HWY #11 | $155,700 | 2 | 2 | 1190 | CONDO |
| 5225 JEAN RD 307 | $165,000 | 2 | 2 | 1100 | CONDO |
| 3101 MCNARY PKWY 12 | $190,000 | 2 | 2.1 | 1363 | CONDO |
| 5215 MADRONA ST | $250,000 | 3 | 2 | 1325 | DETACHD |
| 2755 GLEN HAVEN RD | $325,000 | 3 | 2 | 2088 | DETACHD |
| 13332 VERMEER DR | $409,900 | 4 | 3 | 2382 | DETACHD |
| 9 SPINOSA | $459,750 | 2 | 2.1 | 2250 | DETACHD |
| 1231 BAYBERRY RD | $475,000 | 3 | 2 | 1980 | DETACHD |
| 2626 PARK RD | $519,000 | 4 | 3 | 2475 | DETACHD |
| 14785 UPLANDS DR | $675,000 | 4 | 3 | 3325 | DETACHD |
| 2311 OSWEGO GLEN CT | $989,000 | 4 | 4 | 4529 | DETACHD |
PENDING SALES (Jan 17-23, 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 49 OSWEGO SMT | $67,500 | 1 | 1 | 720 | CONDO | 127 |
| 44 EAGLE CREST DR 8 | $87,000 | 2 | 1 | 908 | CONDO | 42 |
| 4000 CARMAN DR 46 | $99,900 | 2 | 2 | 999 | CONDO | 14 |
| 200 BURNHAM RD 406 | $114,000 | 2 | 1 | 1216 | CONDO | 990 |
| 18148 BELMORE AVE | $245,000 | 3 | 1 | 1008 | DETACHD | 3 |
| 3535 UPPER DR | $275,000 | 3 | 2 | 1373 | DETACHD | 11 |
| 14138 KNAUS RD | $275,000 | 4 | 2 | 2001 | DETACHD | 106 |
| 2240 SOUTHSHORE BLVD | $309,000 | 3 | 1 | 1120 | DETACHD | 147 |
| 18667 PILKINGTON RD | $339,999 | 4 | 2.1 | 2512 | DETACHD | 241 |
| 942 CLARA CT | $349,000 | 4 | 2.1 | 3123 | DETACHD | 194 |
| 16 OTHELLO ST | $394,000 | 4 | 3 | 2820 | DETACHD | 189 |
| 17187 CARLSON CT | $395,000 | 4 | 3 | 2082 | DETACHD | 118 |
| 19415 SW DOGWOOD CT | $499,900 | 5 | 3 | 3517 | DETACHD | 381 |
| 1060 UPPER DEVON LN | $524,000 | 3 | 2.1 | 2400 | DETACHD | 464 |
| 5705 SOUTHWOOD DR | $549,000 | 4 | 2.1 | 3360 | DETACHD | 314 |
| 691 G AVE | $620,000 | 4 | 2.1 | 2789 | DETACHD | 24 |
SOLD (Jan 17-23, 2011)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | CDOM |
| 322 CERVANTES CIR 12-A | $85,000 | $47,250 | 2 | 1 | 832 | 205 |
| 1751 ASPEN CT | $294,500 | $224,000 | 3 | 2 | 1550 | 113 |
| 19167 LONGFELLOW AVE | $310,000 | $255,890 | 3 | 2.1 | 1782 | 386 |
| 252 N SHORE RD | $369,000 | $320,000 | 3 | 1 | 2280 | 428 |
| 156 Greenwood RD | $309,900 | $329,900 | 2 | 2 | 3722 | 896 |
| 762 LAKE FOREST DR | $439,900 | $425,000 | 4 | 3 | 2400 | 168 |
| 4303 SUNDEW CT | $519,995 | $506,250 | 4 | 2.1 | 3355 | 35 |
| 567 2ND ST 302 | $693,025 | $535,000 | 2 | 2 | 1459 | |
| 17080 FERNWOOD DR | $699,900 | $590,000 | 5 | 3.1 | 3681 | 261 |
| 15578 VILLAGE DR | $799,000 | $749,000 | 3 | 2.1 | 3630 | 35 |
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 ~ January 23, 2011
There are 28 beautiful homes being held Open Sunday in Lake Oswego according to RMLS.
Enjoy!
| Address | L/Price | # Beds | # Baths | Total SF | Style | Open | ||
| 86 KINGSGATE RD C-102 | $139,500 | 2 | 2 | 924 | CONDO | 2-4PM | ||
| 5055 FOOTHILLS DR C | $239,000 | 2 | 2 | 1252 | CONDO | 1-4PM | ||
| 18148 BELMORE AVE | $245,000 | 3 | 1 | 1008 | DETACHD | 2-3PM | ||
| 5530 BONITA RD | $279,999 | 3 | 1.1 | 1200 | DETACHD | 1-3PM | ||
| 53 ORIOLE LN | $280,000 | 3 | 2.1 | 2072 | DETACHD | 12-3PM | ||
| 7 BLOCH TER | $285,000 | 3 | 2.1 | 2062 | TWNHSE | 2-4PM | ||
| 15245 BOONES WAY | $289,900 | 3 | 2.1 | 1600 | TWNHSE | 1-2:30PM | ||
| 446 5TH ST | $295,000 | 2 | 1.1 | 1092 | TWNHSE | 1-3PM | ||
| 18231 TERRY AVE | $325,000 | 3 | 2 | 1764 | DETACHD | 1-3:30PM | ||
| 16990 LOWER MEADOWS DR | $340,000 | 3 | 2.1 | 2000 | DETACHD | 1-3PM | ||
| 1830 CLOVERLEAF RD | $373,000 | 5 | 2 | 1795 | DETACHD | 1:30-3:30PM | ||
| 4500 GALEWOOD ST | $420,000 | 3 | 3 | 2408 | DETACHD | 1-4PM | ||
| 18700 WOOD DUCK WAY | $429,900 | 4 | 2 | 2158 | DETACHD | 2:30-4:30PM | ||
| 762 MAPLE ST | $449,000 | 3 | 2.1 | 2417 | DETACHD | 12-3PM | ||
| 19319 SW DOGWOOD CT | $499,900 | 4 | 2.1 | 3105 | DETACHD | 12-4PM | ||
| 19263 MEGLY CT | $549,900 | 5 | 3 | 3213 | DETACHD | 12-4PM | ||
| 19245 SW MEGLY CT | $559,900 | 5 | 3 | 3490 | DETACHD | 12-4PM | ||
| 14361 SHERBROOK PL | $569,000 | 3 | 2.1 | 2100 | DETACHD | 1-3PM | ||
| 13615 KNAUS RD | $625,000 | 2 | 2 | 1755 | DETACHD | 1-3PM | ||
| 2469 MARYLHAVEN PL | $649,000 | 4 | 3.2 | 5582 | DETACHD | 12-3PM | ||
| 17884 KELOK RD | $695,000 | 5 | 3.1 | 4124 | DETACHD | 1:30-3:30PM | ||
| 17896 KELOK RD | $695,000 | 6 | 5.1 | 4323 | DETACHD | 1:30-3:30PM | ||
| 5320 SOUTHWOOD DR | $748,000 | 4 | 3 | 3646 | DETACHD | 3-5PM | ||
| 1809 HEADLEE LN | $850,000 | 3 | 2.1 | 3836 | DETACHD | 1-3PM | ||
| 533 Weidman CT | $924,900 | 4 | 3.1 | 4108 | DETACHD | 2-4PM | ||
| 3136 DOUGLAS CIR | $968,950 | 4 | 3.1 | 4132 | DETACHD | 1-4PM | ||
| 17010 Chapin WAY | $1,099,900 | 4 | 3.1 | 4032 | DETACHD | 2-4PM | ||
| 3515 UPPER DR | $1,150,000 | 4 | 3.1 | 4061 | DETACHD | 1-3PM |
Mortgage and Market Tidbits
- Local Area Trends- According to the latest RMLS Market Action Report, comparing November 2010 with December 2010, a few interesting facts emerge- Average Sales Price increased in the Portland Metro area by 2.2%, and Closed Sales increased by 14.3% which is the highest monthly level since June.
- Rates- There is some indication that this increase was due to interest rate swings which may have persuaded uncertain buyers to take action. After remaining for weeks at historic lows, rates jumped for a short time to over 5%. They have since gone back down again to about 4.75% but the temporary increase may have convinced buyers that low rates won’t be around forever. According to MBS Quoteline, the volatility of rates which has surfaced in the first weeks of the new year is of course due to shifting economic factors. Prior to Friday’s Employment report, nearly all the economic data was stronger than expected which impacted mortgage rates negatively. Rates improved after the employment data though, and ended the week nearly unchanged.
- Pat Goodell of Academy Mortgage says:
The Monthly Inflation reports and Retail Sales reports were not as strong as hoped so rates have stabilized below 5%. But all indications are that there will be stronger economic data coming out in the next few months which will impact rates negatively again. There is no reason to expect that rates will continue to be as low as they currently are and most expectations are that by the 2nd half of the year, they will have increased to over 5% again.
- Portland Metro’s “Grade” To Improve?- The mortgage insurance companies identify cities according to their “risk” of declining values. One mortgage insurance company just upgraded 18 cities nationwide (and downgraded 3). They made no change to Portland yet but it’s a positive sign that they are seeing stronger values in 18 cities nationwide and one mortgage insurance rep did say he expects to see Portland upgraded in the near future.
Market Activity for January 10-16, 2011
The market activity for Lake Oswego last week was really, really interesting. The last time I did this report, two weeks ago, it reflected the sales for the 2-week holiday period. What caught my eye at that time were that a pretty solid number of houses had sold in the midst of the holidays. Then this last we we had 14 houses go pending, but only 4 new listings come onto the market. That is a huge change from what we have been seeing for some time. Three times more houses went pending last week than came onto the market. If this continues it will shrink the inventory and stabilize prices. It us way too soon to call it any kind of a trend, but it makes me eager to see if it continues.
Along with 4 new listings and 14 pending sales, we had 4 closed transactions.
I also have several observations:
—At my open house on Sunday I had 9 showings. I am happy if I get 2 or 3. And these were not neighbors. I always chat with people to see what their situation is. 8 of the 9 were buyers currently in the market and looking for a home.
—Combine that with the fact that of the 14 pending sales in our report below, 11 are listed at $303,000 or less. What I sense is that the low end of the market is taking off. There has been lots of media chatter about the possibility that the National market has hit bottom. I think people are listening and feeling like the time to buy is now: certainly in the lower end houses.
—Condos are selling well as part of that lower-end inventory. The condos at Oswego Terraces that have been for sale since 2007, languishing in this economy, have had drastic price reductions and that is making them move. Of the 14 pending sales, 3 are in this complex. That has been true for a couple of weeks now. The condos are now priced at a point where buyers like what they see.
See below for further details according to RMLS:
NEWLY LISTED (Jan 10-16, 2011)
| Address | Price | Type | BR | Bath | Sq Feet |
| 200 Burnham Rd #102 | $149,000 | Condo | 1 | 1 | 820 |
| 18523 Hallberg Ct | $234,900 | Detached | 3 | 1.5 | 1307 |
| 6025 Carmen Dr | $249,950 | Detached | 3 | 1.5 | 1346 |
| 18084 Westminster Dr | $769,900 | Detached | 5 | 3.5 | 5020 |
PENDING SALES (Jan 10-16, 2011)
| Address | Price | Type | BR | Bath | Sq. Feet | CDOM |
| 16250 Pacific Hwy #63 | $99,000 | Condo | 2 | 2 | 1311 | 1206 |
| 16250 Pacific Hwy #77 | $110,000 | Condo | 2 | 2 | 1327 | 1208 |
| 200 Burnham Rd #202 | $119,000 | Condo | 2 | 2 | 1314 | 1205 |
| 12511 Boones Ferry Rd | $159,000 | Detached | 3 | 2 | 1625 | 137 |
| 3854 Botticelli St | $185,000 | Condo | 2 | 1.5 | 1132 | 151 |
| 5670 Kenny St | $189,000 | Detached | 3 | 2 | 936 | 139 |
| 44 Oriole Ln | $220,000 | Detached | 3 | 2.5 | 224 | 105 |
| 240 4th St | $269,150 | Detached | 2 | 1.5 | 1080 | 49 |
| 4281 Chapman Way | $285,000 | Detached | 3 | 2.5 | 2010 | 81 |
| 17614 Schalit Way | $303,900 | Detached | 3 | 2 | 1561 | 32 |
| 18006 Gimley Ct | $549,900 | Detached | 5 | 4 | 3225 | 201 |
| 1579 Bay View Ln | $639,000 | Detached | 4 | 3 | 4865 | 33 |
| 2607 Palisades Crest Dr | $760,000 | Detached | 4 | 4.5 | 5650 | 244 |
SOLD (Jan 10-16, 2011)
| Address | Orig. Price | Sold Price | type | Sq. Feet | CDOM |
| 74 Greenridge Ct | $289,900 | $248,350 | Attached | 2868 | 92 |
| 16942 Cherry Crest Dr | $410,000 | $400,000 | Detached | 2363 | 11 |
| 13888 Shireva Dr | $519,900 | $430,000 | Detached | 3756 | 166 |
| 548 Ridgeway Rd | $650,000 | $650,000 | Detached | 2830 | 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
Market Activity Report ~ January 3 – 9, 2011
Last Week Lake Oswego saw 17 New listings, 6 Pending sales, and 8 Closed sales according to RMLS.
See below for further details according to RMLS:
NEWLY LISTED (Jan 3-9, 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 86 KINGSGATE RD A 203 | $91,500 | 2 | 2 | 849 | CONDO |
| 4000 CARMAN DR 46 | $99,900 | 2 | 2 | 999 | CONDO |
| 26 CRESTFIELD CT | $115,000 | 2 | 2 | 995 | CONDO |
| 4000 CARMAN DR 87 | $117,900 | 2 | 2 | 836 | CONDO |
| 115 OSWEGO SMT | $130,000 | 2 | 2 | 1212 | CONDO |
| 5051 FOOTHILLS DR E | $208,000 | 2 | 2 | 991 | CONDO |
| 3535 UPPER DR | $275,000 | 3 | 2 | 1373 | DETACHD |
| 5530 BONITA RD | $295,000 | 3 | 1.1 | 1200 | DETACHD |
| 4090 WESTBAY RD | $319,000 | 2 | 1 | 917 | DETACHD |
| 57 CONDOLEA TER | $379,900 | 2 | 2.1 | 2172 | CONDO |
| 1830 CLOVERLEAF RD | $389,000 | 5 | 2 | 1795 | DETACHD |
| 3220 EDGEMONT RD | $569,000 | 4 | 3 | 2159 | DETACHD |
| 4869 SAGE HEN WAY | $609,900 | 5 | 2.1 | 2863 | DETACHD |
| 13615 KNAUS RD | $625,000 | 2 | 2 | 1755 | DETACHD |
| 17980 MEADOWLARK LN | $749,000 | 3 | 2.1 | 3252 | DETACHD |
| 16686 MAPLE CIR | $819,000 | 4 | 3.2 | 3311 | DETACHD |
| 533 Weidman CT | $924,900 | 4 | 3.1 | 4108 | DETACHD |
PENDING SALES (Jan 3-9, 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR 49 | $64,900 | 2 | 1 | 932 | CONDO | 79 |
| 4 TOUCHSTONE 102 | $94,905 | 4 | 2 | 1488 | CONDO | 144 |
| 1692 FIRCREST CT | $190,000 | 4 | 2.1 | 2559 | DETACHD | 5 |
| 4314 BOTTICELLI ST | $229,000 | 2 | 2.1 | 2098 | CONDO | 60 |
| 19431 SW TUALAMERE AVE | $244,900 | 3 | 1.1 | 1308 | DETACHD | 192 |
| 244 Greenridge DR | $275,000 | 3 | 2 | 2206 | ATTACHD | 238 |
| 14480 CAMDEN LN | $347,000 | 3 | 2.1 | 1944 | DETACHD | 162 |
| 548 RIDGEWAY RD | $650,000 | 4 | 3 | 2830 | DETACHD | 443 |
SOLD (Jan 3-9, 2011)
| Address | List Price | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 6447 MCEWAN RD | $144,900 | $199,900 | $141,000 | 2 | 1 | 912 | DETACHD | 179 |
| 2021 CEDAR CT | $350,000 | $950,000 | $300,000 | 4 | 3.1 | 4114 | DETACHD | 271 |
| 16105 INVERURIE RD | $429,900 | $469,900 | $385,000 | 3 | 2 | 2356 | DETACHD | 685 |
| 4859 SAGE HEN WAY | $415,000 | $415,000 | $395,000 | 4 | 3 | 2417 | DETACHD | 215 |
| 13819 PROVINCIAL HILL DR | $445,000 | $449,000 | $430,000 | 4 | 2.1 | 2096 | DETACHD | 27 |
| 3210 FIR RIDGE RD | $499,000 | $499,000 | $490,000 | 4 | 3.2 | 2832 | DETACHD | 194 |
| 3334 Upper DR | $595,000 | $550,000 | $620,000 | 4 | 2.1 | 3408 | DETACHD | 242 |
| 1235 CHANDLER RD | $865,000 | $985,000 | $796,200 | 5 | 3.1 | 3717 | DETACHD | 183 |
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 for 12/20/10 to 1/2/11
Happy New Year everyone! Linda and I are hoping you have had memorable holidays and are now getting into the swing of the New Year. This week’s activity report actually covers 2 weeks due to our own holiday break.
I find it really interesting to look at what happened during the holidays. The expectation is generally thought to be not much. Well, that was not the case. 25 houses went pending! I know that is for a 2 week period, but that is right in there with the better weeks during the summer. My advice holds true: buyers who are looking at the holidays are doing so because they are serious buyers. We also had 15 genuinely new listings and 11 closed sales.
New 12/20/10 to 1/2/11
| Address | Price | Type | BR | Bath | Sq Feet |
| 100 Kerr Pkwy #16 | $80,325 | Condo | 2 | 1.5 | 823 |
| 15938 Quarry RD 8A | $99,500 | Condo | 2 | 1 | 991 |
| 4425 Thunder Vista Ln | $189,900 | Condo | 3 | 2.5 | 1980 |
| 17950 Kelok Rd | $319,000 | Detached | 3 | 2 | 2376 |
| 4821 Dawn Ave | $349,999 | Detached | 3 | 2 | 1955 |
| 3 Condolea Dr | $375,000 | Attached | 3 | 3 | 2198 |
| 30 Wilbur St | $412,900 | Attached | 2 | 2.5 | 2664 |
| 1651 Devon | $414,950 | Detached | 4 | 2.5 | 2453 |
| 762 Maple St | $449,000 | Detached | 3 | 2.5 | 2242 |
| 760 Timberline Dr | $459,000 | Detached | 5 | 3 | 3058 |
| 5714 Charles Cir | $460,000 | Detached | 4 | 3 | 2501 |
| 14232 Meadow Grass St | $629,900 | Detached | 4 | 3 | 2856 |
| 15805 Twin Fir Rd | $789,000 | Detached | 4 | 3.5 | 2797 |
| 568 9th St | $838,950 | Detached | 3 | 3.5 | 2825 |
| 3736 Eleanor Ct | $920,000 | Detached | 4 | 3.5 | 3080 |
Pending 12/20/10 to 1/2/11
| Address | Price | Type | BR | Bath | Sq. Feet |
| 57 Galen | $69,000 | Condo | 1 | 1 | 689 |
| 200 Burnham Rd #204 | $114,900 | Condo | 2 | 2 | 1313 |
| 200 Burnham Rd #209 | $135,000 | Condo | 2 | 2 | 1334 |
| 4085 Jefferson Pkwy | $148,900 | Condo | 2 | 2.5 | 1851 |
| 4093 Jefferson Pkwy | $159,900 | Attached | 2 | 2.5 | 1359 |
| 1751 Aspen Ct | $231,900 | Detached | 3 | 2 | 1550 |
| 1818 Country Club Rd | $249,900 | Detached | 4 | 2 | 1596 |
| 14101 Goodall Rd | $289,900 | Detached | 4 | 2 | 1816 |
| 65 Greenridge Ct | $295,000 | Condo | 2 | 2 | 1314 |
| 156 Greenwood Rd | $305,900 | Detached | 2 | 2 | 3722 |
| 1900 Greentree Rd | $319,900 | Detached | 4 | 3 | 3032 |
| 1866 Kilkenny Dr | $330,000 | Detached | 3 | 3 | 3600 |
| 2021 Cedar Ct | $350,000 | Detached | 4 | 3.5 | 4114 |
| 252 North Shore Rd | $369,000 | Detached | 3 | 1 | 2280 |
| 1931 Woodland Terr | $369,000 | Detached | 4 | 3 | 2817 |
| 675 10th St | $395,000 | Detached | 4 | 2 | 2280 |
| 73 Tanglewood Dr | $419,900 | Detached | 4 | 3.5 | 4278 |
| 762 Lake Forest Dr | $439,900 | Detached | 4 | 3 | 2400 |
| 775 Boca Ratan Dr | $439,990 | Detached | 4 | 3.5 | 2727 |
| 15543 Village Dr | $524,900 | Detached | 4 | 2.5 | 3081 |
| 567 2nd St #302 | $535,000 | Condo | 2 | 2 | 1459 |
| 12211 Orchard Hill Rd | $639,900 | Detached | 4 | 3 | 3941 |
| 1643 Village Park Ln | $639,900 | Detached | 4 | 3.5 | 4505 |
| 1901 Cheryl Ct | $949,900 | Detached | 4 | 4.5 | 4863 |
| 444 Ridgeway Rd | $1,150,000 | Detached | 3 | 2 | 2099 |
Sold 12/20/10 to 1/2/11
| Address | Orig. Price | Sold Price | type | CDOM | Sq Feet | |
| 3433 McNary Pkwy #204 | $107,500 | $99,900 | Condo | 39 | 1008 | |
| 668 McVey Ave #32 | $184,900 | $198,450 | Condo | 6 | 985 | |
| 17952 Cardinal Dr | $309,900 | $288,000 | Detached | 72 | 1702 | |
| 2000 Greentree Rd | $359,000 | $335,000 | Detached | 135 | 2548 | |
| 864 6th St | $399,000 | $355,000 | Detached | 182 | 2403 | |
| 17031 Crestview Dr | $499,900 | $422,500 | Detached | 496 | 2403 | |
| 230 4th St | $619,900 | $469,000 | Detached | 123 | 2165 | |
| 3103 Wembly Park Rd | $720,000 | $600,000 | Detached | 401 | 3774 | |
| 5371 Langford Ln | $694,950 | $674,000 | Detached | 40 | 2950 | |
| 15444 Boones Way | $998,500 | $940,000 | Attached | 0 | 3364 | |
| 333 Northshore Rd | $1,900,000 | $1,900,000 | Detached | 233 | 5152 | |
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 for December 13-19, 2010
Last week brought 7 new listings, 6 pending sales, and 8 closed sales to Lake Oswego.
New December 13-19, 2010
| Address | Price | Type | BR | Bath | Sq Feet |
| 16250 Pacific Hwy #81 | $99,000 | Condo | 1 | 1 | 841 |
| 790 Boca Ratan Dr | $249,900 | Detached | 3 | 2 | 2112 |
| 12808 SW Boones Ferry | $279,000 | Attached | 3 | 2.5 | 1174 |
| 1635 Village Park Ln | $649,000 | Detached | 4 | 3.5 | 3338 |
| 727 Laurel St | $650,000 | Detached | 4 | 3.5 | 2924 |
| 1309 Horseshoe Curve | $849,000 | Detached | 4 | 3 | 3087 |
| 14062 Goodall Rd | $979,950 | Detached | 3 | 3.5 | 3887 |
Pending Dec. 13-19, 2010
| Address | Price | Type | BR | Bath | Sq. Feet |
| 200 Burnham Rd #204 | $119,000 | Condo | 2 | 2 | 1313 |
| 4438 Thunder Vista Ln | $169,900 | Condo | 2 | 2.5 | 2040 |
| 19211 Marlin Ct | $225,000 | Detached | 3 | 2.5 | 2091 |
| 19167 Longfellow | $279,000 | Detached | 3 | 2.5 | 1782 |
| 17952 Cardinal Dr | $304,900 | Detached | 3 | 2 | 1702 |
| 13888 Shireva | $475,000 | Detached | 4 | 3 | 3756 |
Sold Dec. 13-19, 2010
| Address | Orig. Price | Sold Price | type | Sq Feet | CDOM |
| 5057 Foothills Dr C | $189,900 | $179,000 | Condo | 1252 | 9 |
| 17335 Ashley Ct | $294,900 | $244,000 | Attached | 2161 | 83 |
| 32 Churchill Downs | $448,250 | $350,000 | Detached | 3016 | 272 |
| 2602 Orchard Hill Pl | $409,900 | $399,000 | Detached | 2568 | 44 |
| 4685 Upper Dr | $600,000 | $500,000 | Detached | 3341 | 68 |
| 17555 Redfern | $749,900 | $583,000 | Detached | 3007 | 256 |
| 3943 Tempest | $669,000 | $599,000 | Detached | 3714 | 119 |
| 3155 Douglas Circle | $985,000 | $915,000 | Detached | 4517 | 146 |
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 for November 29-December 5, 2010
Moving into the full logistics of the holidays, market activity slowed down significantly last week. We had 7 new listings, 2 pending sales, and 6 closed sales.
We receive a weekly accounting of lockbox activity every Monday. It consists of a tally of the number of times that lockboxes were opened and the percentage change from the week prior. Last week saw a 39% decrease. So showings are way down. Having said that, I always like to point out that while there may be fewer buyers out looking, those that are doing so at the holidays are serious buyers. People don’t take the time to look at this time of year unless they are motivated to buy.
See below for further details:
NEWLY LISTED (Nov 29-Dec 5, 2010)
| Address | Price | Type | BR | Bath | Sq Feet |
| 4000 Carman Dr #108 | $109,900 | Condo | 1 | 1 | 767 |
| 4305 Silver Ct | $339,000 | Attached | 3 | 2.5 | 1835 |
| 4198 Glacier Lily St | $389,000 | Detached | 4 | 3 | 2806 |
| 17 Hidalgo | $429,000 | Detached | 4 | 3.5 | 3428 |
| 1217 Tyndall Ct | $699,000 | Detached | 4 | 4 | 5181 |
| 15622 Fieldstone Dr | $725,000 | Detached | 3 | 2.5 | 3113 |
| 582 9th St | $838,950 | Detached | 2 | 3.5 | 2841 |
PENDING SALES (Nov 29-Dec 5, 2010)
| Address | Type | Price | BR | Bath | Sq. Feet |
| 156 Greenwood Rd | Detached | $309,900 | 2 | 2 | 3722 |
| 4114 Casey Ct | Detached | $785,000 | 4 | 2.5 | 3405 |
SOLD (Nov 29-Dec 5, 2010)
| Address | Orig. Price | Sold Price | type | Sq Feet | CDOM |
| 692 2nd St | $299,000 | $255,000 | Detached | 1700 | 213 |
| 5188 Madrona St | $549,000 | $514,500 | Detached | 3183 | 36 |
| 1704 Glenmorrie Terr. | $599,000 | $575,000 | Detached | 3885 | 124 |
| 5001 Denton Dr | $759,000 | $753,000 | Detached | 3303 | 2 |
| 14089 Edenberry Dr | $840,000 | $840,000 | Detached | 3276 | 0 |
| 15446 Boones Way | $998,500 | $936,000 | Attached | 3364 | 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
Market Activity Report ~ Nov. 22-28, 2010
Thanksgiving Week Lake Oswego saw 7 New listings, 8 Pending sales, and 6 Closed sales according to RMLS.
I notice that there are several properties re-entering the market after several months. The one on Cardinal is described as a total remodel, and I am looking forward to seeing it in particular! “Cumulative Days on Market” seems to have leveled out a bit with a few exceptions.
See below for further details:
NEWLY LISTED (Nov 22-28, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 16546 BONAIRE AVE | $219,900 | 3 | 1 | 1064 | DETACHD |
| 72 GREENRIDGE CT | $224,900 | 2 | 3 | 1825 | ATTACHD |
| 240 4TH ST | $289,000 | 2 | 1.1 | 1080 | DETACHD |
| 16942 CHERRY CREST DR | $410,000 | 4 | 2.1 | 2363 | DETACHD |
| 17471 CARDINAL DR | $899,900 | 4 | 3.1 | 2636 | DETACHD |
| 3136 DOUGLAS CIR | $968,950 | 4 | 3.1 | 4132 | DETACHD |
| 17787 KELOK RD | $1,079,900 | 3 | 2 | 3085 | DETACHD |
PENDING SALES (Nov 22-28, 2010)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 668 MCVEY AVE 14 | $99,000 | 1 | 1 | 627 | CONDO | 123 |
| 18244 PILKINGTON RD | $254,900 | 3 | 1.1 | 1200 | DETACHD | 35 |
| 2000 GREENTREE RD | $349,000 | 4 | 3 | 2548 | DETACHD | 135 |
| 864 6TH ST | $350,000 | 5 | 2.1 | 2403 | DETACHD | 182 |
| 1600 WOODLAND TER | $399,000 | 3 | 2 | 1674 | DETACHD | 115 |
| 4859 SAGE HEN WAY | $415,000 | 4 | 3 | 2417 | DETACHD | 215 |
| 611 IRON MOUNTAIN BLVD | $510,000 | 2 | 1 | 1322 | DETACHD | 149 |
| 610 CABANA LN | $895,000 | 3 | 2 | 1729 | DETACHD | 108 |
SOLD (Nov 22-28, 2010)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWY 23 | 99990 | 90000 | 1 | 1 | 617 | CONDO | 179 |
| 3433 MCNARY PKWY 408 | 124900 | 113500 | 2 | 2 | 1008 | CONDO | 49 |
| 200 BURNHAM RD 404 | 264000 | 115000 | 2 | 2 | 1325 | CONDO | 1119 |
| 17787 BLUE HERON DR | 469950 | 445000 | 4 | 3 | 2448 | DETACHD | 59 |
| 13596 STREAMSIDE DR | 579900 | 562000 | 4 | 2.1 | 3430 | DETACHD | 129 |
| 2111 HAZEL RD | 1089000 | 991200 | 4 | 4.1 | 4894 | DETACHD | 382 |
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