Tag: sold

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Market Activity Report May 23rd to May 29th, 2016

Gosh is it hot! Summer is excited to be here! The real estate market in Lake Oswego continues to be strong, with 23 new listings, 27 pending properties, and 17 sold homes.
I noticed a lot of houses above the 1 mil mark this time around. We have some beautiful and extravagant homes available for those looking to live in luxurious Lake Oswego.

Following is the breakdown for you according to RMLS:

New on the Market (May 23-29, 2016)

Address Type Price Bedrooms Bathrooms Sqft
100 KERR PKWY #37 CONDO 109,900 1 1 617
4 TOUCHSTONE #90 CONDO 199,000 3 2.5 1351
61 OSWEGO SMT #61 CONDO 215,000 2 2 1212
4974 SUNTREE LN ATTACHED 429,950 2 2.5 1,652
1730 YARMOUTH CIR DETACHED 519,000 2 2 1770
2350 SOUTH SHORE BLVD DETACHED 530,000 3 2.5 2174
30 MORNING VIEW CIR DETACHED 549,000 4 3 2276
13930 MAJESTIC CT DETACHED 579,000 3 2.5 2956
18521 WAXWING CIR DETACHED 625,000 3 2.5 2936
4801 WILDWOOD ST DETACHED 549,950 4 3 2963
2931 ORCHARD HILL PL DETACHED 785,100 4 2.5 3108
16060 WHITE OAKS DR DETACHED 825,000 4 3.5 3420
13366 BOONES FERRY RD DETACHED 875,000 4 2.5 3564
1235 ANDREWS RD DETACHED 898,800 3 2 2506
17951 MEADOWLARK LN DETACHED 1,299,000 4 3.5 5065
18060 MEADOWLARK LN DETACHED 1,300,000 4 3.5 4659
3118 DOUGLAS CIR DETACHED 1,339,000 3 2.5 3570
2786 GLENMORRIE DR DETACHED 1,500,000 5 4.5 6095
15365 TWIN FIR RD DETACHED 1,500,000 5 3.5 4974
13750 KNAUS RD DETACHED 1,595,000 5 4 4773
980 EVERGREEN RD DETACHED 2,280,000 5 5.5 5644
1193 FAIRWAY RD DETACHED 2,998,000 5 4.5 7028
16865 GREENBRIER RD DETACHED 3,199,897 5 5 6237

Pending Sales (May 23-29, 2016)

Address Type Price Bedroom Bathrooms DOM
566 S STATE ST CONDO 209,900 1 1 2
3922 CARMAN DR CONDO 229,900 2 2.5 52
3929 CARMAN DR CONDO 229,900 2 2.5 31
4083 JEFFERSON PKWY CONDO 245,000 2 2.5 5
206 OSWEGO SMT CONDO 249,000 2 2 9
15490 BRIANNE CT ATTACHED 315,000 2 2.5 18
1225 CORNELL ST CONDO 329,900 3 2 118
4300 SILVER CT CONDO 399,900 3 3.5 2
18547 TIMBERGROVE CT DETACHED 439,900 4 2 7
13278 VERMEER DR DETACHED 469,900 3 2.5 8
4199 FRUITWOOD CT DETACHED 535,000 3 2 6
32 SPINOSA DETACHED 549,500 4 3.5 8
16545 INVERURIE RD DETACHED 569,000 4 3 19
5581 YORKSHIRE PL DETACHED 575,000 4 2.5 1
4231 SUNSET DR DETACHED 599,000 4 2 18
4070 WESTBAY RD DETACHED 649,000 3 2 105
1837 CEDAR CT DETACHED 649,900 4 3 3
2 SW CARMAN DR DETACHED 750,000 3 2.5 265
18573 WESTVIEW DR DETACHED 790,000 3 3 0
5598 LUCE LN DETACHED 798,000 3 3 2
1623 GLENMORRIE DR DETACHED 850,000 4 4.5 23
4667 SHEPHERDS LN DETACHED 869,900 4 3 31
454 9th ST DETACHED 1,198,000 3 4 25
13800 KNAUS RD DETACHED 1,995,000 5 3.5 42
1617 LAKE FRONT RD DETACHED 3,250,000 4 4.5 6
7 PEACOCK PL DETACHED 400,000 3 2.5 4
19505 OLSON AVE DETACHED 714,500 5 2.5 54

Sold/Closed (May 23-29, 2016)

Address Type List Price Close Price Sqft DOM
45 CRESTFIELD CT CONDO 165,000 165,000 923 0
16250 PACIFIC HWY CONDO 265,000 265,000 1305 14
154 RIDGEWAY RD CONDO 275,000 295,000 1791 4
456 5th ST CONDO 336,900 342,000 1092 5
16748 LAKE FOREST BLVD DETACHED 325,000 355,000 1076 4
1402 PARRISH ST CONDO 379,000 367,000 1862 46
2488 DEVONSHIRE DR ATTACHED 399,900 410,000 1647 4
18630 KRISTI WAY DETACHED 399,900 435,000 1743 2
15911 FIR GROVE CT DETACHED 585,000 603,500 2584 4
18386 DEERBRUSH AVE DETACHED 639,000 625,000 2420 25
17890 ROYCE WAY DETACHED 664,000 625,000 3134 60
313 3RD ST ATTACHED 639,900 650,000 1962 11
187 FURNACE ST DETACHED 724,900 725,000 1927 0
16633 WOODSMAN CT DETACHED 899,000 835,000 4131 239
14380 UPLANDS DR DETACHED 1,150,000 1,089,500 2996 7
4018 COHO LN DETACHED 1,199,000 1,199,000 5128 47

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 ~ April 2016

April is seeing, generally, Price and New Listings increases over March, and a decrease in overall productive activity (Closed & Pending Sales) compared to April of last year.

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

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

  • There were 4,082 New Listings in April which was up 19.7% from March’s (3,409), and up 3.4% from April of 2015 (3,949).
  • At 2,611, April Closed Sales were up 1.8% from March’s 2,565, and down 4.5% from April of 2015’s 2,734.
  • April Pending Sales (Accepted Offers), at 3,432 were up  11.6% from March’s 3,076, but were   5% lower than April of 2015’s 3,613.
  • The Average Sale Price in April of $397,700 was up $12,600 over March’s $385,100, and also up around $50,200 from April of 2015’s $347,500. 

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

    •  324Active Listings  (March was 284)
    •  255 New Listings   (March was 189 )
    •  177 Pending Sales (March was 150) ***Down 11.5% from Apr 2015)
    •  150 Closed Sales   (March was 114)
    • Average Sale Price for April: $650,000 (March/$639,500. )
      • 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: 57 Days (March was 92)
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Market Activity ~ May 9-15, 2016

The overall Portland area is experiencing record activity, and, as it so deserves, Lake Oswego is very popular as a destination in the metro area for those making one kind of life change or another.  As always, you’ll notice the full range of price-points; a fact about Lake Oswego lost on many.  Yes, there are lots of options here!

Last week we saw 19 New properties enter the Lake Oswego market, 30 move to Pending status, and 16 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (May 9-15, 2016)

Address List Price # Beds # Baths Total SF Prop Type
206 OSWEGO SMT -Main $249,000 2 2 1506 CONDO
5500 MCEWAN RD $435,000 3 2 1820 DETACHD
18978 INDIAN SPRINGS RD $529,900 4 3 2860 DETACHD
1161 UPPER DEVON LN $574,995 4 2.1 2265 DETACHD
6 WALKING WOODS DR $575,000 4 2.1 2870 DETACHD
1430 WOODLAND TER $579,000 5 3 2904 DETACHD
510 COUNTRY CLUB RD $655,000 4 3 3274 DETACHD
1400 HORSESHOE CURV $679,000 3 2.1 2248 DETACHD
4252 ALBERT CIR $689,000 4 2.1 2964 DETACHD
5530 DUNMIRE DR $725,000 4 3 3040 DETACHD
15964 PARKER RD $799,900 4 3.1 3378 DETACHD
220 GREENWOOD RD $850,000 3 4 2701 DETACHD
3788 Southshore BLVD $915,000 3 3 3224 DETACHD
4726 UPPER DR $923,000 3 2 2250 RES-MFG
16872 QUAIL CT $965,000 4 3.1 3174 DETACHD
1692 VILLAGE PARK LN $975,000 4 3.1 3581 DETACHD
4136 CASEY CT $1,195,000 5 3.1 3998 DETACHD
1622 LESLIE LN $1,795,000 5 3.1 5827 DETACHD
1400 RIDGECREST DR $2,250,000 4 4 4202 DETACHD

PENDING SALES (May 9-15, 2016)

Address List Price # Bedrooms Total Baths Total SF Prop Type CDOM
65 GALEN ST -Grnd $135,000 1 1 689 CONDO 4
30 CERVANTES CIR -Lower $159,000 2 1.1 1112 CONDO 7
3916 CARMAN DR -Main $229,900 2 2.1 1098 CONDO 74
165 OSWEGO SUMMIT #165 $235,000 2 2 1383 CONDO 4
16250 PACIFIC HWY #74 $274,899 2 2 1324 CONDO 47
10 SAINT HELENS CIR $300,000 3 2 1410 DETACHD 7
4 WHEATHERSTONE $372,000 3 2.1 1692 ATTACHD 2
26 PREAKNESS CT $375,000 2 1.1 1464 ATTACHD 5
3488 DEVONSHIRE DR $399,900 2 2 1647 ATTACHD 4
128 KINGSGATE RD $405,000 3 2.1 1689 DETACHD 1
5829 BENFIELD CT $459,000 4 2.1 1744 DETACHD 78
13449 VERMEER DR $495,000 3 2.1 1877 DETACHD 2
4 MORNINGVIEW PL $499,000 2 2.1 1880 ATTACHD 43
17436 WREN CT $529,000 4 3 2278 DETACHD 14
5182 TREE ST $549,900 4 2 1750 DETACHD 36
2760 OVERLOOK DR $569,500 4 2.1 2441 DETACHD 28
2302 OVERLOOK DR $579,000 4 2.1 3125 DETACHD 334
4954 MULHOLLAND DR $589,900 3 2.1 2498 ATTACHD 22
4717 FIRWOOD RD $599,000 6 3 2502 DETACHD 0
20 MONTICELLO DR $599,900 3 3.1 3848 DETACHD 4
20 JUAREZ ST $619,000 5 4 3464 DETACHD 233
839 E AVE $649,000 4 2.1 1722 DETACHD 5
17700 KELOK RD $670,000 3 3 2480 DETACHD 5
187 FURNACE ST -Upper $724,900 2 2.1 1927 DETACHD 0
18411 TAMAWAY DR $739,000 4 2.1 2576 DETACHD 6
100 LEONARD ST -Upper $749,000 3 2.1 2734 CONDO 17
1269 LAKE GARDEN CT $869,000 4 2.1 2056 DETACHD 202
19460 SW EASTSIDE RD $969,000 5 4.1 4521 DETACHD 64
18493 RAY RIDGE DR $1,050,000 4 3.3 4401 DETACHD 367
17849 UPPER CHERRY LN $3,200,000 4 6.3 8731 DETACHD 0

SOLD (May 9-15, 2016)

Address O/Price Close Price # Bedrooms Total Baths Prop Type Total SF CDOM
86 KINGSGATE RD #C201 $149,900 $160,000 2 2 CONDO 938 3
48 EAGLE CREST DR #1C $239,000 $245,000 2 2 CONDO 1399 1
5057 FOOTHILLS DR #F $285,000 $284,500 2 2 CONDO 1272 31
6343 HIAWATHA CT $375,000 $375,362 3 1 DETACHD 1056 3
125 MIDDLECREST RD $399,900 $390,000 3 1 DETACHD 800 23
4101 CHAPMAN WAY $465,000 $460,000 3 2.1 DETACHD 1864 142
18922 KRISTI WAY $415,000 $475,000 2 2 DETACHD 1397 4
13852 SHIREVA DR $550,000 $540,000 5 3 DETACHD 2664 74
5124 LAKEVIEW BLVD $579,000 $570,000 4 3 DETACHD 2932 153
2500 PARK RD $579,900 $579,900 3 3 DETACHD 1811 29
4 CAMELOT CT $640,000 $642,500 5 3 DETACHD 3344 5
639 CARRERA LN $849,000 $759,000 5 3.1 DETACHD 4305 331
4018 CANAL WOODS CT $839,900 $800,000 5 3.1 DETACHD 3600 177
5876 RIDGETOP CT $819,000 $819,000 4 2.1 DETACHD 3280 6
13050 KNAUS RD $1,699,000 $1,650,000 4 3.1 DETACHD 4821 56
13056 KNAUS RD $1,688,000 $1,688,000 4 3.1 DETACHD 5244 1

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 ~ March 2016

Lake Oswego & the entire metro area is moving right along.

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

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

  • There were 3,409 New Listings in March which was up 17.7% from February (2,896), and 5.2% down from March of 2015 (3,596).
  • At 2,565, March Closed Sales were up a whopping 41.5% from February’s 1,813, and up 4.4% from March of 2015’s 2,457.
  • March Pending Sales (Accepted Offers), at 3,076 were up  10.4% from February’s 2,786, but were   9.1% under March of 2015’s 3,384 total.
  • The Average Sale Price in March of $385,100 was up around $20,000 over February’s $364,900, and also up around $15,000 from March of 2015’s $368,800. 

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

    •  284 Active Listings  (Feb was 260)
    •  189New Listings   (Feb was 185 )
    •  150 Pending Sales    (Feb was 147)
    •  114 Closed Sales   (Feb was 99)
    • Average Sale Price for March: $639,500 (Feb/$577,500. )
      • 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: 92 Days (Feb was 92 also!)
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Market Activity ~ April 11-17, 2016

Steady as she goes…

We saw 23 New properties enter the Lake Oswego market, 24 move to Pending status, and 27 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Apr 11-17, 2016)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR $88,897 2 1 932 CONDO
100 KERR PKWY #53 $110,000 1 1 617 DETACHD
4455 GOLDEN LN $309,000 2 2.1 1705 CONDO
4322 SILVER CT $339,900 3 3.1 1996 CONDO
12842 Boones Ferry RD $345,000 2 2.1 1136 CONDO
4840 LAMONT WAY $419,000 3 2 1784 DETACHD
1223 HEMLOCK ST $429,500 2 1 748 DETACHD
5266 CHARLETON CT $479,000 3 2 2063 DETACHD
18715 INDIAN CREEK DR $549,000 3 2 2076 DETACHD
2760 OVERLOOK DR $578,500 4 2.1 2441 DETACHD
57 TOUCHSTONE $629,000 4 3 2465 DETACHD
18521 WAXWING CIR $670,000 3 2.1 2936 DETACHD
17018 SUMMER PL $699,900 4 2.1 2925 DETACHD
4719 LAKEVIEW BLVD $725,000 3 2.1 2923 DETACHD
13528 TWIN CREEK LN $800,000 4 3.1 3129 DETACHD
1172 TROON RD $869,900 5 3.1 2504 DETACHD
4688 CHELSEA LN $915,000 4 2.1 3549 DETACHD
630 8TH ST $1,095,000 4 2.1 2832 DETACHD
915 CEDAR ST $1,100,000 4 3.1 3219 DETACHD
1427 HORSESHOE CURV $1,450,000 2 2 2192 DETACHD
17345 BERGIS FARM DR $1,550,000 4 3.2 5199 DETACHD
855 G AVE $1,625,000 3 2.1 3710 DETACHD
13800 KNAUS RD $1,995,000 5 3.1 5132 DETACHD

PENDING SALES (Apr 11-17, 2016)

Address List Price # Beds # Baths Total SF Prop Type CDOM
45 CRESTFIELD CT #45 $165,000 2 1.1 923 CONDO 0
668 MCVEY AVE #85 $215,000 2 1.1 992 CONDO 3
45 EAGLE CREST DR #519 $275,000 3 2 1453 CONDO 3
4902 CHILDS RD $355,000 3 1.1 1407 DETACHD 10
17 BRITTEN CT $359,900 3 2.1 1972 ATTACHD 15
1402 PARRISH ST /Main $379,000 3 2.1 1862 CONDO 46
6330 SHAKESPEARE ST $469,900 4 3 2184 DETACHD 31
67 TANGLEWOOD DR $499,000 4 2.1 3068 DETACHD 4
16525 GLENWOOD CT $559,900 3 2.1 2166 DETACHD 2
4640 SW DOGWOOD DR $585,000 3 3 3531 DETACHD 2
3472 TEMPEST DR $659,000 4 2.1 3146 DETACHD 28
17890 ROYCE WAY $664,000 5 3 3134 DETACHD 60
1 SW Carman DR $725,000 3 2.1 2530 DETACHD 225
13978 WESTCOTT CT $735,000 3 3 3361 DETACHD 2
4121 Childs RD $815,000 4 3.1 3352 DETACHD 21
16461 CHAPIN WAY $875,000 4 2.1 4012 DETACHD 6
1145 TIMBERLINE DR $898,950 4 2 4564 DETACHD 213
19229 35TH PL $899,500 5 3.1 4764 DETACHD 347
18360 RIVER EDGE LN $1,029,000 4 2.1 3948 DETACHD 3
575 B AVE $1,059,000 5 3.1 3534 DETACHD 9
17787 CARDINAL DR $1,098,000 4 3 3002 DETACHD 1175
2543 PALISADES CREST DR $1,099,000 4 2.2 4141 DETACHD 32
17509 RIDGEVIEW LN $1,250,000 4 3.1 3810 DETACHD 8
16852 ALDER CIR $2,185,000 4 3.1 3192 DETACHD 45

SOLD (Apr 11-17, 2016)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
96 GALEN ST /Upper $129,000 $135,000 1 1 550 CONDO 15
73 OSWEGO SMT /Upper $179,900 $155,500 2 2 1212 CONDO 4
4000 CARMAN DR #88 $169,000 $165,000 2 2 836 CONDO 4
205 OSWEGO SMT /Main $162,900 $175,000 2 2 1383 CONDO 20
282 Cervantes /Main $219,900 $229,000 2 2 1052 CONDO 29
15948 QUARRY RD $464,000 $385,000 2 1 920 DETACHD 227
6210 CHILDS RD $425,000 $390,000 3 1.1 1296 DETACHD 209
14352 SHERBROOK PL $439,900 $425,800 3 2.1 1806 DETACHD 96
17311 ASHLEY CT $465,000 $455,000 4 2.1 2117 ATTACHD 9
4851 MADRONA ST $449,900 $460,000 4 2 1500 DETACHD 6
1680 PINE ST $419,000 $465,000 3 3 2472 DETACHD 5
17367 LAKE HAVEN DR $550,000 $485,000 3 2 2607 DETACHD 0
2757 GLEN HAVEN RD $519,000 $519,000 3 2 2420 DETACHD 20
5311 CHILDS RD $559,000 $534,500 4 2.1 1766 DETACHD 11
14584 RAINBOW DR $545,000 $547,000 4 3 2570 DETACHD 12
51 TANGLEWOOD DR $550,000 $575,000 4 2.1 2351 DETACHD 3
16636 MAPLE CIR $600,000 $625,000 4 2 2030 DETACHD 1
12844 SIERRA VISTA DR $610,000 $640,000 4 2.1 2501 DETACHD 2
4208 ALBERT CIR $674,900 $650,000 5 3 2777 DETACHD 18
2043 RIDGEWOOD RD $885,000 $852,500 5 3 3016 DETACHD 109
4657 DOGWOOD DR $889,000 $870,000 4 4 3890 DETACHD 19
5051 LAKEVIEW BLVD $949,800 $949,800 4 3.1 3355 DETACHD 146
17622 LAKE HAVEN DR $11,490,000 $980,000 3 2 1400 DETACHD 46
18711 WESTVIEW DR $995,000 $980,000 4 3.1 3591 DETACHD 23
3487 LAKE GROVE AVE $1,050,000 $1,075,000 4 3.1 3473 DETACHD 36
1979 COUNTRY CLUB RD $1,149,000 $1,149,000 5 5.1 4115 DETACHD 4
670 IRON MOUNTAIN BLVD $1,595,000 $1,459,000 4 3.2 5421 DETACHD 72

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 ~ April 4-11, 2016

Wow, what a busy week it has been! It has certainly been a very active spring.
Welcome to our new neighbours that have bought their houses here in Lake Oswego! And what a great time of year to move here, as the flowers begin to bloom and sprinkle front yards with color.

Following is the breakdown for you according to RMLS:

New on the Market (April 4 – April 11, 2016)

Address Type Price Bedrooms Bathrooms Sqft
86 KINGSGATE RD CONDO 145,000 2 2 849
668 MCVEY AVE CONDO 229,900 2 1 863
3928 CARMAN DR CONDO 239,900 2 2.5 1129
12848 BOONES FERRY RD ATTACHED 347,000 2 2.5 1182
4902 CHILDS RD DETACHED 355,000 3 1.5 1407
5998 SHAKESPEAR ST DETACHED 362,900 3 1 1227
826 CORNELL ST DETACHED 447,500 2 1 1184
67 TANGLEWOOD DR DETACHED 499,000 4 2.5 3068
5182 TREE ST DETACHED 559,900 4 2 1670
653 3RD ST ATTACHED 575,000 3 2 1270
22 PARTRIDGE LN DETACHED 609,000 4 2.5 3334
812 COUNTRY COMMONS LN DETACHED 975,000 5 4 3631
17896 KELOK RD DETACHED 975,000 6 4.5 4093
471 COUNTRY CLUB CT DETACHED 995,000 4 3 2962
17509 RIDGEVIEW LN DETACHED 1,250,000 4 3.5 3810
356 9TH ST DETACHED 1,480,000 3 3.5 3647
18308 MEADOWLARK LN DETACHED 1,800,000 4 3.5 8060
18008 GREENBLUF DR DETACHED 2,095,000 3 3.5 4402
13050 FIELDING RD DETACHED 2,100,000 4 5 4777
1500 RIDGECREST DR DETACHED 2,500,000 5 5 4817

Pending Sales (April 4 – April 11, 2016)

Address Type Price Bedroom Bathrooms DOM
47 EAGLE CREST DR #11 CONDO 159,900 2 1 12
6925 SW MONTAUK CIR CONDO 175,000 2 1 22
200 BURNHAM RD #102 CONDO 199,900 1 1 33
47 GREENRIDGE CT ATTACHED 229,900 2 1.5 102
16250 PACIFIC HWY #46 CONDO 265,000 2 2 3
16681 LAKE FOREST BLVD DETACHED 300,000 3 1 3
16748 LAKE FOREST BLVD DETACHED 325,000 3 1 4
20 SUMMIT RIDGE CT ATTACHED 389,000 2 2.5 7
1454 GLENMORRIE DR DETACHED 400,000 4 2.5 237
4251 WOODSIDE CIR ATTACHED 419,000 3 2 48
3312 SABINA CT DETACHED 549,900 3 2 39
676 9TH ST DETACHED 449,900 2 1 1
4524 TRILLIUM WOODS ATTACHED 550,000 3 2.5 4
13852 SHIREVA DR DETACHED 550,000 5 3 60
16525 GLENWOOD CT DETACHED 559,900 3 2.5 2
2500 PARK RD DETACHED 579,900 3 3 29
15911 FIR GROVE CT DETACHED 585,000 4 2.5 4
32 MORNINGVIEW CIR DETACHED 599,900 3 2.5 4
18386 DEERBRUSH AVE DETACHED 625,000 4 3 25
480 IRON MOUNTAIN BLVD DETACHED 775,000 5 3.5 4
568 WEIDMAN CT DETACHED 819,000 4 3.5 27
17980 MEADOWLARK LN DETACHED 839,000 4 3.5 4
1821 OAK ST DETACHED 879,000 4 3.5 42
72 NANSEN SMT DETACHED 879,000 4 3 6
1145 TIMBERLINE DR DETACHED 898,859 4 2 213

Sold/Closed (April 4 – April 11, 2016)

Address Type Price Bedroom Bathrooms DOM
47 EAGLE CREST DR #11 CONDO 159,900 2 1 12
6925 SW MONTAUK CIR CONDO 175,000 2 1 22
200 BURNHAM RD #102 CONDO 199,900 1 1 33
47 GREENRIDGE CT ATTACHED 229,900 2 1.5 102
16250 PACIFIC HWY #46 CONDO 265,000 2 2 3
16681 LAKE FOREST BLVD DETACHED 300,000 3 1 3
16748 LAKE FOREST BLVD DETACHED 325,000 3 1 4
20 SUMMIT RIDGE CT ATTACHED 389,000 2 2.5 7
1454 GLENMORRIE DR DETACHED 400,000 4 2.5 237
4251 WOODSIDE CIR ATTACHED 419,000 3 2 48
3312 SABINA CT DETACHED 549,900 3 2 39
676 9TH ST DETACHED 449,900 2 1 1
4524 TRILLIUM WOODS ATTACHED 550,000 3 2.5 4
13852 SHIREVA DR DETACHED 550,000 5 3 60
16525 GLENWOOD CT DETACHED 559,900 3 2.5 2
2500 PARK RD DETACHED 579,900 3 3 29
15911 FIR GROVE CT DETACHED 585,000 4 2.5 4
32 MORNINGVIEW CIR DETACHED 599,900 3 2.5 4
18386 DEERBRUSH AVE DETACHED 625,000 4 3 25
480 IRON MOUNTAIN BLVD DETACHED 775,000 5 3.5 4
568 WEIDMAN CT DETACHED 819,000 4 3.5 27
17980 MEADOWLARK LN DETACHED 839,000 4 3.5 4
1821 OAK ST DETACHED 879,000 4 3.5 42
72 NANSEN SMT DETACHED 879,000 4 3 6
1145 TIMBERLINE DR DETACHED 898,859 4 2 213

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 ~ February 2016

I’m tellin ya… This market is hot! And there are some great homes out there.

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

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

  • There were 2,896 New Listings in February which was up 15% from January (2,519), and rose over February of 2015 (2,884) slightly, by 0.4%.
  • At 1,813, February Closed Sales fell 2.5% from January’s 1,859, and/but were up 10% from February of 2015’s 1,648.
  • February Pending Sales (Accepted Offers), at 2,786 were up 24.2% from January’s 2,243, and were 9.9% ahead of February of 2015’s 2,534 total.   ***This was the strongest February for Accepted Offers since 2007!
  • The Average Sale Price in February of $364,900 was up significantly from January’s $355,500, and also up almost $37,000 from February of 2015’s $328,000. (!!!)

_____________________________________________________

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

    •  260 Active Listings  (Jan was 243)
    •  185 New Listings   (Jan was 150 )
    •  147 Pending Sales    (Jan was 120)
    •  99 Closed Sales   (Jan was 81)
    • Average Sale Price for February: $577,500 (Jan/$498,000. )
      • 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: 92 Days (Dec was 78)
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Market Activity ~ March 21-27, 2016

We saw 15 New properties enter the Lake Oswego market, 15 move to Pending status, and 11 “Closed”/Sold.

***Notice that most of the Pendings and half of the Sold’s were on the market for just 3-7 days.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Mar 21-27, 2016)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR #11 $159,900 2 1 932 CONDO
16250 PACIFIC HWY #74 $274,800 2 2 1324 CONDO
4131 OLD GATE RD $369,950 4 2 1776 DETACHD
5215 MADRONA ST $389,000 3 2 1305 DETACHD
2 EAGLE CREST DR $395,000 3 2 1830 DETACHD
5153 JEAN RD $524,900 8 3 2400 DETACHD
15 MASARYK ST $548,000 4 3 3864 DETACHD
937 OAK ST $595,000 3 3 3080 DETACHD
5632 GRAND OAKS DR $765,000 4 2.1 2898 DETACHD
4121 Childs RD $815,000 4 3.1 3352 DETACHD
4745 LAMONT WAY $975,000 4 3 3192 DETACHD
950 SCHUKART LN $1,098,000 4 2.1 3530 DETACHD
13079 AMBER PL $1,188,000 5 3 3200 DETACHD
3555 LAKE GROVE AVE $1,199,000 4 2.1 3324 DETACHD
1961 Cheryl CT $1,375,000 5 4.1 5124 DETACHD

PENDING SALES (Mar 21-27, 2016)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #72 $249,000 2 2 1305 CONDO 5
5100 UPPER DR $334,900 1 1 956 DETACHD 83
6343 HIAWATHA CT $375,000 3 1 1056 DETACHD 3
3365 UPPER DR $399,900 2 2 1378 DETACHD 4
18922 KRISTI WAY $415,000 2 2 1397 DETACHD 4
16773 ALDER CIR $485,000 4 2 2590 DETACHD 3
4573 OAKRIDGE RD $489,000 3 2.1 1835 ATTACHD 3
2757 GLEN HAVEN RD $519,000 3 2 2420 DETACHD 20
4 CAMELOT CT $640,000 5 3 3344 DETACHD 5
13963 WESTCOTT CT $649,000 4 2.1 2984 DETACHD 7
17743 MARYLCREEK DR $760,000 4 2.1 3288 DETACHD 52
14626 UPLANDS DR $934,900 4 3 2951 DETACHD 4
4367 HAVEN ST $1,070,000 5 3.1 3617 DETACHD 7
531 7TH ST $1,099,000 3 2.1 2818 DETACHD 135
4018 COHO LN $1,199,000 4 4.1 5128 DETACHD 47

SOLD (Mar 21-27, 2016)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
48 EAGLE CREST DR #2D $185,000 $165,000 3 2 1623 CONDO 125
238 RIDGEWAY RD #16C $210,000 $220,000 2 1 914 CONDO 2
1755 KILKENNY RD $280,000 $303,000 3 1 1742 DETACHD 146
69 CONDOLEA TER $379,000 $385,000 2 2.1 2157 CONDO 3
16309 LAKE FOREST BLVD $369,900 $386,000 3 2 1608 DETACHD 120
5402 CARMAN DR $400,000 $400,000 3 1 1699 DETACHD 214
1273 ROCKINGHORSE LN $575,000 $530,000 3 2.1 2192 DETACHD 154
1430 LARCH ST $529,000 $532,000 3 3 2279 DETACHD 48
40 DA VINCI ST $535,000 $550,000 4 2.1 2476 DETACHD 3
2979 RIVENDELL RD $689,900 $680,862 4 2.1 2729 DETACHD 3
17 EL GRECO ST $694,900 $681,250 5 2.1 3060 DETACHD 3

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 March 14th – 20th, 2016

Happy Easter everyone!

I hope everybody is having a wonderful day of great breakfast food, colored eggs, and possibly mimosas!

I’m kind of late posting for my week, but at least I got to wish you a happy holiday. Last week we saw a huge boost in pending properties, boy are people buying houses right now. 13 new houses entered the market, a whopping 32 houses went pending, and 14 homes closed.

Following is the breakdown for you according to RMLS:

New on the Market (March 14-20, 2016)

Address Type Price Bedrooms Bathrooms Sqft
77 GALEN RD CONDO 164,900 2 2 993
6925 SW MONTAUK CIR CONDO 175,000 2 1 968
4 TOUCHSTONE #81 CONDO 184,000 3 2.5 1351
6330 SHAKESPEAR ST DETACHED 479,900 4 3 2184
5311 CHILDS RD DETACHED 559,000 4 2.5 1766
1991 WEMBLEY PL DETACHED 599,900 4 2 3042
18386 DEERBRUSH AVE DETACHED 639,000 4 3 2420
3472 TEMPEST DR DETACHED 675,000 4 2.5 3146
17343 BROOKHURST DR DETACHED 749,000 4 2.5 3443
18493 RAY RIDGE DR DETACHED 1,050,000 4 3.5 4401
16686 MAPLE CIR DETACHED 1,195,000 4 3.5 3311
17312 BERGIS FARM DR DETACHED 1,250,000 4 4.5 4808
3140 CHILDS RD DETACHED 1,850,000 5 6.5 6692

Pending Sales (March 14-20, 2016)

Address Type Price Bedroom Bathrooms DOM
86 KINGSGATE RD H-104 CONDO 124,900 2 2 7
96 GALEN ST CONDO 129,000 1 1 1
48 EAGLE CREST DR 3E CONDO 157,900 2 2 139
48 EAGLE CREST DR #2D CONDO 174,900 3 2 125
73 OSWEGO SMT CONDO 179,900 2 2 4
282 CERVANTES CONDO 219,900 2 2 29
3968 CARMAN DR CONDO 239,900 2 2.5 61
5995 SHAKESPEARE ST DETACHED 349,500 3 1.5 5
2500 GREENTREE RD DETACHED 399,900 3 2 4
1304 LAUREL ST DETACHED 417,500 3 2 6
1531 WOODLAND TER DETACHED 448,000 3 2.5 4
17755 HILL WAY DETACHED 475,000 3 3 4
44 DA VINCI ST DETACHED 519,000 4 2 4
17367 LAKE HAVEN DR DETACHED 550,000 3 2 0
16017 OAKRIDGE CT DETACHED 569,000 3 2 3
919 CUMBERLAND RD DETACHED 605,000 4 3 25
17455 BROOKHURST DR DETACHED 648,950 4 2.5 36
17126 HOFER CT DETACHED 668,000 3 3 38
18000 CARDINAL DR DETACHED 674,900 4 3 50
411 REDGEWAY RD DETACHED 695,000 3 2.5 5
877 CORNELL ST DETACHED 698,500 3 3 11
18056 SW WESTMINSTER DR DETACHED 744,000 4 2.5 2
18217 DELENKA LN DETACHED 749,500 4 3 61
16652 WOODSMAN CT DETACHED 779,000 3 2.5 11
13825 MELROSE PL DETACHED 835,000 5 4.5 183
625 3RD ST ATTACHED 837,000 3 2.5 183
18982 BRYANT RD DETACHED 865,000 4 3.5 4
17622 LAKE HAVEN DR DETACHED 1,050,000 3 2 46
2809 ARROWHEAD CT DETACHED 1,560,000 3 3 20
1870 TWIN POINTS RD DETACHED 2,200,000 5 4 182
3142 LAKEVIEW BLVD DETACHED 4,350,000 4 5 298

Sold/Closed (March 14-20, 2016)

Address Type List Price Close Price Sqft DOM
4 TOUCHSTONE #110 CONDO 165,000 164,000 989 28
21 BITTEN CT ATTACHED 359,900 359,900 1972 3
19416 TUALAMERE AVE DETACHED 350,000 368,000 1296 6
8 SUMMIT RIDGE CT ATTACHED 379,900 395,000 1642 4
17015 CHAPIN WAY DETACHED 550,000 590,000 2816 2
4672 AUBURN LN ATTACHED 585,000 585,000 2732 2
14489 CAMDEN LN DETACHED 550,000 590,000 2816 2
1495 WOODLAND TER DETACHED 649,500 630,000 3862 12
1921 GLENMORRIE LN DETACHED 658,000 668,000 2375 1
4867 UPPER DETACHED 799,900 779,000 2845 141
183 FURNACE ST CONDO 1,000,000 955,000 2126 7
822 6TH ST DETACHED 1,099,900 1,082,000 2748 194
3137 DOUGLAS CIR DETACHED 1,450,000 1,450,000 4246 0
3190 DOUGLAS CIR DETACHED 1,559,000 1,650,000 4840 579

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 ~ Feb 29- Mar 6, 2016

A wide spectrum of New Listings hit the market last week. We saw 19 New properties, 17 move to Pending status, and 12 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 29-Mar 6, 2016)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #88 $169,000 2 2 836 CONDO
200 BURNHAM RD #102 $199,900 1 1 733 CONDO
1680 PINE ST $419,000 3 3 2472 DETACHD
2757 GLEN HAVEN RD $519,000 4 2 2420 DETACHD
5850 BONITA RD $527,500 3 2 1272 DETACHD
2500 PARK RD $569,000 3 2.1 1811 DETACHD
5887 SW LANGFORD LN $629,950 4 2.1 2724 DETACHD
16652 WOODSMAN CT $779,000 3 2.1 3196 DETACHD
19330 RIVER RUN DR $799,000 4 4 3786 DETACHD
5876 RIDGETOP CT $819,000 4 2.1 3280 DETACHD
2479 MARYLVIEW CT $829,000 4 3.1 3832 DETACHD
621 COUNTRY CLUB RD $875,000 4 2.1 3385 DETACHD
17193 LOWENBERG TER $889,900 4 2.1 2973 DETACHD
1269 LAKE GARDEN CT $899,000 4 2.1 2056 DETACHD
2809 ARROWHEAD CT $1,560,000 3 3 2624 DETACHD
1099 TERRACE DR $2,150,000 5 4.1 4965 DETACHD
16852 ALDER CIR $2,185,000 4 3.1 3192 DETACHD

PENDING SALES (Feb 29-Mar 6, 2016)

Address List Price # Beds # Baths Total SF Prop Type CDOM
69 CONDOLEA TER Grnd $379,000 2 2.1 2157 CONDO 3
4725 JEAN RD $385,000 4 2 1433 DETACHD 65
125 MIDDLECREST RD $399,900 3 1 800 DETACHD 23
4851 MADRONA ST $449,900 4 2 1500 DETACHD 6
142 DEL PRADO ST $475,000 4 3 1950 DETACHD 38
14584 RAINBOW DR $545,000 4 3 2570 DETACHD 12
4782 AUBURN LN $569,000 3 3.1 2650 ATTACHD 2
5 WESTMINSTER DR $579,000 5 3 3104 DETACHD 14
16636 MAPLE CIR $600,000 4 2 2030 DETACHD 1
12844 SIERRA VISTA DR $610,000 4 2.1 2501 DETACHD 2
29 SPINOSA $625,000 3 2.2 3262 DETACHD 4
4208 ALBERT CIR $649,900 5 3 2777 DETACHD 18
17183 CARLSON CT $665,000 4 3.1 3366 DETACHD 15
4657 DOGWOOD DR $889,000 4 4 3890 DETACHD 19
18711 WESTVIEW DR $995,000 4 3.1 3591 DETACHD 23
822 6TH ST $1,099,900 3 3 2748 DETACHD 194
1355 Country Commons $1,995,000 4 3.1 4238 DETACHD 198

SOLD (Feb 29-Mar 6, 2016)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4333 WOODSIDE CIR $349,000 $349,000 3 2 1532 ATTACHD 69
6 THE GROTTO $375,000 $375,000 3 2 1381 DETACHD 14
16060 PEARCY ST $538,000 $538,000 3 3.1 2101 DETACHD 4
17765 TREETOP LN $598,000 $570,000 4 3 3046 DETACHD 42
16510 Maple CIR $590,000 $570,000 5 3 2808 DETACHD 4
19285 MEGLY CT $674,900 $645,000 5 3 3275 DETACHD 46
104 GARIBALDI ST $799,000 $671,880 3 2.1 3074 DETACHD 272
16987 Alder CIR $839,000 $720,000 3 2.1 1989 DETACHD 266
5371 SOUTHWOOD DR $724,900 $735,000 3 3 2751 DETACHD 9
17446 BRYANT RD $925,000 $925,000 4 4 3506 DETACHD 13
4150 UPPER DR $1,050,000 $1,050,000 4 3.1 3465 DETACHD 1
15825 OSWEGO SHORE CT $1,999,900 $1,875,000 3 3.1 4317 DETACHD 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.