Tag: statistics

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Lake Oswego Real Estate: Market Activity April 19-25, 2010

Lake Oswego market activity for last week brought us 22 new listings, 21 pending sales, and 8 closed sales. Here is your weekly update (see below the tables for additional notes):

NEWLY LISTED (April 19—April 25, 2010)

Address List Price # BR # BTHS Total SF Prop Type List Date
47 EAGLE CREST DR $110,000 2 2 932 CONDO 4/25/2010
115 OSWEGO SMT $170,000 2 2 1,212 CONDO 4/21/2010
218 RIDGEWAY RD $200,000 2 1 914 CONDO 4/23/2010
3892 BOTTICELLI ST $239,900 3 2 1,288 CONDO 4/22/2010
4490 LAKEVIEW BLVD $325,000 3 2 1,727 DETACHD 4/21/2010
4841 SE DAWN AVE $335,000 3 0.2 1,550 DETACHD 4/22/2010
15144 BOONES WAY $369,000 4 3.1 2,194 DETACHD 4/21/2010
5376 ROSEWOOD ST $394,900 3 2.1 2,457 ATTACHD 4/20/2010
12409 SHELBY CT 449900 3 2 2,238 DETACHD 4/20/2010
4859 SAGE HEN WAY 459000 4 3 2,417 DETACHD 4/21/2010
17640 TREETOP WAY 524995 4 3 2,692 DETACHD 4/22/2010
3718 LAKE GROVE AVE 549000 4 3 2,523 DETACHD 4/19/2010
4080 Coltsfoot 569950 4 2.1 2,884 DETACHD 4/19/2010
5774 BAY POINT DR 625000 5 2.1 3,674 DETACHD 4/23/2010
133 FURNACE ST 629000 2 2.1 1,927 CONDO 4/23/2010
17754 TREETOP LN 649000 5 3.1 3,668 DETACHD 4/20/2010
14120 REDWOOD CT 669000 4 2.1 2,755 DETACHD 4/19/2010
16461 CHAPIN WAY 799900 4 2.1 4,271 DETACHD 4/24/2010
4288 LAKEVIEW BLVD 950000 3 2 2,141 DETACHD 4/22/2010
17951 MEADOWLARK LN 1295000 4 3.2 5,065 DETACHD 4/20/2010
1972 CHERYL CT 2590000 5 4.1 6,952 DETACHD 4/22/2010
1617 LAKE FRONT RD 3950000 4 4.1 4,610 DETACHD 4/25/2010

PENDING SALES (April 19 – April 25, 2010)

Address List Price # BR # BTHS Total SF Prop Type CDOM
4000 CARMAN DR $142,000 2 2 973 CONDO 58
109 OSWEGO SMT $144,900 2 2 1,212 CONDO 36
1597 BONNIEBRAE DR $199,900 2 1 998 ATTACHD 46
200 BURNHAM RD $268,000 2 2 1,328 CONDO 942
55 NORTHSHORE RD $275,000 1 1 1,478 CONDO 735
5756 KENNY ST $325,000 3 2.1 1,542 DETACHD 56
627 1ST ST $339,500 2 2 2,090 DETACHD 145
31 DA VINCI ST $362,500 4 2.1 2,232 DETACHD 249
25 CHURCHILL DOWNS 385000 4 3 2,195 DETACHD 0
16200 PACIFIC HWY 388900 2 2 1,208 CONDO 802
3075 ROYCE WAY 395000 4 3.1 3,667 DETACHD 156
827 5TH ST 425000 3 2 2,124 DETACHD 86
1400 LEE ST 427500 4 3 2,804 DETACHD 117
17622 BROOKHURST DR 493000 3 2.1 2,909 DETACHD 42
2650 LOOKOUT CT 495000 4 3.1 3,480 DETACHD 8
5711 SOUTHWOOD DR 539000 4 3 2,655 DETACHD 6
1545 CLOVERLEAF RD 579950 4 3.1 2,723 DETACHD 59
2109 WEMBLEY PARK RD 649900 5 3 3,129 DETACHD 2
18125 WESTMINSTER DR 699888 5 3.1 3,969 DETACHD 244
4211 CHAD DR 874900 5 3.1 3,937 DETACHD 268
3114 DOUGLAS CIR 1395000 4 4 5,420 DETACHD 528

SOLD (April 19- April 25, 2010)

Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
852 5TH ST $199,000 $205,000 2 1 738 DETACHD 131
28 WHEATHERSTONE $230,000 $219,500 3 2.1 1,692 CONDO 145
16890 CORTEZ CT $324,900 $274,900 4 3 2,016 DETACHD 104
1565 BEDFORD CT $429,000 $311,000 3 2 1,978 DETACHD 251
14300 SHERBROOK PL $334,500 $334,500 3 2.1 1,924 DETACHD 141
15921 KIMBALL AVE $389,900 $390,000 3 2 2,309 DETACHD 3
1414 GREENTREE CIR $499,000 $435,000 4 2.1 2,330 DETACHD 37
2688 RIVENDELL RD $835,000 $680,617 4 3 3,720 DETACHD 405

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 ~ April 12 – 18, 2010

Lake Oswego saw 21 New properties enter the market, 21 go to Pending status, and 11 Sold during last week’s Monday – Sunday period according to RMLS. Here’ your weekly update (see below the tables for additional notes):

NEWLY LISTED (April 12—April 18, 2010)

Address List Price # Beds # Baths Total SF Prop Type List Date
4459 THUNDER VISTA LN $215,000 2 2.1 1,925 CONDO 4/18/2010
15 BRITTEN CT $274,999 3 2.1 1,973 ATTACHD 4/12/2010
15148 QUARRY RD $279,000 3 2 1,618 DETACHD 4/16/2010
1005 SOUTHSHORE BLVD $289,900 3 2 2,196 DETACHD 4/16/2010
1225 SPRUCE ST $299,900 3 1.1 1,288 DETACHD 4/16/2010
6218 NOKOMIS CT $309,900 4 2 1,512 DETACHD 4/17/2010
104 KINGSGATE RD $359,000 3 2.1 2,000 DETACHD 4/16/2010
14433 HOLLY SPRINGS RD $384,950 4 2.1 1,939 DETACHD 4/12/2010
4700 LOWER DR $409,900 3 2.1 1,587 DETACHD 4/12/2010
1642 HIGHLAND DR $449,000 4 3 2,234 DETACHD 4/12/2010
5008 HARTFORD PL $463,900 4 3 3,223 DETACHD 4/15/2010
14371 SHERBROOK PL $479,900 4 2.1 2,550 DETACHD 4/16/2010
2650 LOOKOUT CT $495,000 4 3.1 3,480 DETACHD 4/12/2010
1570 Woodland TER $524,900 4 2.1 2,311 DETACHD 4/16/2010
17573 BLUE HERON CT $584,000 4 3 2,396 DETACHD 4/14/2010
4184 SUNSET DR $649,000 6 3 2,916 DETACHD 4/14/2010
3210 FIR RIDGE RD $795,000 4 3.2 2,832 DETACHD 4/13/2010
1176 TROON RD $859,000 3 2 3,022 DETACHD 4/16/2010
12819 ALTO PARK RD $1,097,500 4 4.1 3,944 DETACHD 4/12/2010
16777 PHANTOM BLUFF CT $1,250,000 4 2.2 5,102 DETACHD 4/15/2010
1961 CHERYL CT $1,275,000 5 4.1 5,124 DETACHD 4/12/2010

PENDING SALES (April 12 – April 18, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
96 CERVANTES CIR $129,900 2 1.1 912 CONDO 64
750 1ST ST $185,000 2 2 1,350 CONDO 73
16149 PEARCY ST $229,900 3 2 1,250 DETACHD 17
211 OSWEGO SMT $229,900 2 2 1,506 CONDO 241
5341 CHINOOK CT $249,700 3 2 1,120 DETACHD 598
2764 GLEN HAVEN RD $294,900 3 1.1 1,352 DETACHD 10
1818 COUNTRY CLUB RD $325,000 3 2 1,596 DETACHD 4
4310 SILVER CT $339,000 2 3.1 1,996 CONDO 298
17870 DEERBRUSH AVE $349,900 3 2.1 1,912 DETACHD 18
5834 SEVILLE AVE $350,000 3 2 1,516 DETACHD 5
18156 PIONEER CT $367,300 3 2 1,558 DETACHD 27
119 3RD ST $385,000 3 2 1,204 CONDO 187
15547 PARTRIDGE DR $389,900 3 2.1 2,266 DETACHD 214
1790 YARMOUTH CIR $419,950 2 2 1,473 DETACHD 206
14377 CAMDEN LN $499,900 4 2.1 2,530 DETACHD 2
4705 LAKEVIEW BLVD $529,900 4 2.1 2,700 DETACHD 7
5830 SUNBROOK DR $539,000 5 2.1 2,810 DETACHD 29
17471 CARDINAL DR $564,900 4 2.1 3,056 DETACHD 61
5218 WESTFIELD CT $649,900 4 2.1 3,125 DETACHD 284
4349 LAKEVIEW BLVD $650,000 3 3 3,678 DETACHD 10
13278 ROGERS RD $695,000 3 2.1 2,964 DETACHD 177

SOLD (April 12- April 18, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE $129,000 $134,000 2 2 979 CONDO 6
668 MCVEY AVE $219,000 $205,000 3 1.1 985 CONDO 243
505 8TH ST $389,000 $305,000 3 1 1,050 DETACHD 143
12519 27TH PL $339,000 $335,000 3 2.1 1,975 DETACHD 15
516 7TH ST $355,000 $347,500 3 2.1 1,502 DETACHD 12
13052 KNAUS RD $475,000 $400,000 5 3 3,026 DETACHD 34
4763 AVERY LN $514,900 $480,000 4 2.1 2,566 DETACHD 19
14279 CAMDEN LN $525,000 $485,000 4 2.1 2,373 DETACHD 71
10 OTHELLO ST $549,900 $535,000 4 3 3,440 DETACHD 3
17363 BROOKHURST DR $625,000 $605,000 4 2.1 3,420 DETACHD 14
64 BERWICK RD $759,000 $735,000 4 3.1 3,740 DETACHD 66

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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Local Lake Oswego Updates

Pedestrian Safety – The City of Lake Oswego is letting all know ahead of time of it’s efforts at upholding pedestrian safety.  To this end, the police department is holding a “Pedestrian Safety Operation” on April 19th, from 10:00AM to 2:00PM at the intersection of B Avenue and 2nd Street.  In times past this has involved posting pedestrians at the sidewalk and gauging cars’ responses as they step off the curb into the crosswalk…. usually with citations accompanying undesirable reactions on the part of drivers.  Be forewarned… stay safe… and keep our pedestrians safe!

Overly-Industrious Flicker – There has been a Flicker noticed at Lake Oswego City Hall…. mainly for the noise it produces as it does what Flickers do… and for the damage it is apparently doing to the building.  The city is trying to distract the Flicker from it’s work & encourage it to go elsewhere… (it can come to my house… but it will need to take a vacation!) with brightly colored & decorated balloons.  So, if you see these at city hall (perhaps you are visiting to pay a pedestrian-safety-ticket or some other such thing : )  Don’t be alarmed, and don’t worry that there is a celebration you are missing… it is just the city’s attempt to shush a Flicker to another location. (Yes, I drew this… and no, I have no shame :  )

The City of Lake Oswego’s “Attitude Survey” – Every two years the City of Lake Oswego conducts an attitude survey, and this year phones in Lake Oswego have already started ringing as Campbell Delong Resources calls to inquire as to how citizens are feeling about a variety of things affecting life here. Calls are expected to continue until April 19th.  Here is a link to the last survey in 2008:   Attitude Survey

Lake Oswego Trees –  As most know, Lake Oswego takes its trees rather seriously.  This is great for us at this time of year as we usually have some interesting offerings in terms of classes or events in that regard.  This year we have several workshops to choose from:

* Tree Pruning with Damon Schrosk, a certified arborist of “Treecology” – May 9th, 9:00Am to 12:00PM at the City Hall Council Chambers, 380 A Avenue.

* Gardening with Natives – Stephanie Wagner of Friends of Tryon Creek offers this workshop on native species gardening May 16, 1:00PM to 4:00PM, Tryon Creek Nature Center, 1131 SW Terwilliger Blvd.

* Tree Code Decoded – This one is a must for any Lake Oswego citizen wanting to do something with their trees other than look at them and admire their beauty.  Bill Youngblood, Code Enforcement Officer, and Andy Gulizia, Associate Planner for the city of Lake Oswego will guide you in what’s allowed, what’s not allowed, and proper steps if you want to pursue making any changes on your property with regard to trees. June 5th, 9:00AM to 12:00PM City Hall Council Chambers, 380 “A” Avenue.

* Centennial – Lake Oswego is offering Part 3 of the Oswego Centennial Video. This is great stuff if you are interested in the history of Lake Oswego… and who wouldn’t be!  If you are not familiar with it, our roots are worth investigating.  Part 3 evidently explores the time during which Lake Oswego began to blossom into its recreational destiny with water sports (skiing, boating & swimming)  being a big draw from Portland, and local athletes becoming nationally-known swim stars. This video covers the 40’s through the 60’s.  You can learn more and view the retrospective video at:  LO Centennial

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Market Activity Report for Lake Oswego, April 5-11, 2010

It is an absolutely glorious day today, and it is only supposed to get better as the week goes on. I love it! I also want to thank the propertyblotter readers who came by my open house on Sunday. Great to meet you!

Last week Lake Oswego had 24 new listings come onto the market, 19 houses that went pending, and 7 houses that were closed sales. Here is the full data for last week (see below for additional notes):

NEWLY LISTED (April 5-11, 2010)

Address List Price # BR # BTHS Total SF Prop Type List Date
47 GREENRIDGE CT $100,000 2 1.1 1,176 CONDO 4/5/2010
100 KERR PKWY $134,900 2 1.1 822 CONDO 4/8/2010
4 TOUCHSTONE $184,000 3 2.1 1,350 ATTACHD 4/8/2010
5287 W SUNSET DR $249,900 2 1 822 DETACHD 4/6/2010
1818 COUNTRY CLUB RD $325,000 3 2 1,596 DETACHD 4/9/2010
10 PREAKNESS CT $375,000 4 2.1 2,270 CONDO 4/6/2010
4971 SUNTREE LN $394,900 3 2.1 1,911 DETACHD 4/7/2010
14423 ORCHARD SPRINGS RD $405,000 3 2.1 1,730 DETACHD 4/9/2010
17712 CARDINAL CT 420000 4 3 2,146 DETACHD 4/7/2010
24 PARTRIDGE LN 449000 4 2.1 3,224 DETACHD 4/8/2010
4844 LOWER DR 499000 4 4 2,285 ATTACHD 4/5/2010
4705 LAKEVIEW BLVD 529900 4 2.1 2,700 DETACHD 4/5/2010
745 BERWICK CT 549000 3 2 1,988 DETACHD 4/7/2010
4852 LOWER DR 569000 3 4 2,359 ATTACHD 4/5/2010
110 3RD ST 599000 1 1 915 DETACHD 4/5/2010
1704 GLENMORRIE TER 599000 5 3 3,885 DETACHD 4/9/2010
3899 DANIEL WAY 630000 4 2.1 3,005 DETACHD 4/9/2010
4349 LAKEVIEW BLVD 650000 3 3 3,678 DETACHD 4/7/2010
12211 ORCHARD HILL RD 715000 4 3 4,587 DETACHD 4/5/2010
426 7TH ST 725000 4 2.1 2,902 DETACHD 4/5/2010
4679 DOGWOOD DR 925000 5 3.2 4,456 DETACHD 4/9/2010
190 FURNACE ST 1000000 5 4.1 4,590 DETACHD 4/7/2010
2811 ARROWHEAD CT 1250000 4 3.1 3,740 DETACHD 4/9/2010
16743 GRAEF CIR 1599000 4 2.1 3,772 DETACHD 4/7/2010

PENDING SALES (April 5-11, 2010)

Address List Price # BR # BTHS Total SF Prop Type CDOM
4000 CARMAN DR $125,000 2 2 935 CONDO 346
65 OSWEGO SMT $129,900 2 2 1,140 CONDO 8
18420 DON LEE WAY $210,000 3 1 924 DETACHD 25
19032 KRISTI WAY $259,900 2 2 1,390 DETACHD 7
4420 GOLDEN LN $279,900 3 3.1 2,165 CONDO 391
4774 OAKRIDGE RD $329,000 3 1 2,104 DETACHD 220
3056 WEMBLEY PARK RD $339,000 3 2 2,600 DETACHD 36
4548 BLACK FOREST CT $414,000 4 2.1 2,157 DETACHD 649
4962 BILFORD LN 419900 3 2.1 2,168 DETACHD 106
1400 LEE ST 427500 4 3 2,804 DETACHD 106
1851 KILKENNY DR 450000 4 3 2,654 DETACHD 2
561 2ND ST 589000 2 2 1,561 CONDO 67
19203 SW Megly Ct 589900 5 3.1 3,595 DETACHD 76
18010 GIMLEY CT 685000 4 2.5 3,652 DETACHD 27
14124 HEATHROW LN 785000 4 3.1 3,812 DETACHD 5
19175 EASTSIDE RD 799000 5 4.1 5,263 DETACHD 86
3820 SOUTHSHORE BLVD 925000 5 4 4,855 DETACHD 169
842 6TH ST 1099999 4 3.1 3,840 DETACHD 62
17979 CRESTLINE DR 1149000 4 2.1 4,650 DETACHD 7

SOLD (April 5-11, 2010)

Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
3365 UPPER DR $299,999 $290,000 2 2 1,378 DETACHD 133
15 SAINT HELENS CIR $309,800 $295,000 3 2 1,528 DETACHD 6
2030 GREENTREE RD $368,900 $365,000 3 2 1,613 DETACHD 12
523 2nd ST $399,000 $399,000 2 2 1,274 CONDO 38
5400 BAY CREEK DR $499,900 $475,000 4 2.1 2,856 DETACHD 277
17079 CHERRY CREST AVE $575,000 $540,000 3 2.1 3,002 DETACHD 30
260 PINE VALLEY RD $1,369,000 $995,000 4 3.1 3,900 DETACHD 522

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

State of the Market:

  • Have We Hit Bottom? The experts agree that generally speaking, the country has “hit bottom”, with various areas lagging behind a bit.   CNN.Money.com predicts that the Portland area will hit bottom in Q3 of this year. Our latest RMLS Market Action Report for the Portland area indicates that Portland metro area closed sales increased 18.4% when comparing 2009 vs 2010. Pending sales rose 45% and new listings rose 12.4%. The average sales price declined 8.5%.

(Money Magazine) — The drama is nearly over. After a decade of extremes — the ebullient highs of the real estate boom, then the devastating lows of the bust — calmer forces are beginning to prevail in the housing market.

  • Local Lake Oswego Data The RMLS Market Action Report lumps West Linn and Lake Oswego together, but here is some interesting data:
    * In February 2010 the average sales price was $457,700.
    * The average time on the market was 153 days.
    * Pending Sales rose 52.7% in Feb 2010 as compared to Feb 2009.
    * The average sales price has declined 9.7% in a rolling 12-month equation (i.e. 3/1/08 – 2/28/09 compared with 3/1/09 – 2/28/10)
  • Rates are Rising I have clients asking  “Is this the right time to buy or should we wait?”  One thing we know is that rates are rising. Right now they are still in the 5% range…  actually they are up a bit today at 5.125% but overall they’ve been fluctuating between 4.875% and 5.125% for 30-yr fixed.  As for more foreclosures to come, and prices lowering… interest rates are rising, some say 7% is possible NY Times… so if you ARE planning to finance, all the experts agree that this is the time to be buying, because even if prices go lower, the fact that the interest rates go up effectively nullifies your benefits.
  • Portland Area Rating Improves “Mortgage insurance companies have upgraded Portland’s property value housing trends, meaning that they predict values to be stabilizing in the Portland market.”  Pat Goodell, Academy Mortgage
  • Tax Credits For first-time home-buyers and “moving-up” buyers, there is still time to find a property you love & get a mutually-agreed deal in place before April 30th. So….  hang in there if you are still looking for that “right” one.  Work with your Realtor to narrow the field, or give Dianne or me a call if you are not working with a Realtor.  (I love working with Buyers…. it is actually the reason I originally got into real estate.)
  • USDA Loans USDA anticipates running out of funds to lend by end-April 2010.  If you are thinking about rural properties and considering a USDA loan, now would be the time to ink an offer.
  • FHA Mortgage Insurance Premiums Rising FHA’s upfront (financed) mortgage insurance premium increased to 2.25% effective April 5. And/but, if you are anticipating taking advantage of an FHA loan, don’t fret too much. You WILL now have the higher premium, however,  it’s not anything that should get you in a tizzy, as it will make very little difference in your mortgage payment.  For example, on a $300,000 loan amount, your payment will only increase by approximately $8./month adding in that higher mortgage insurance premium.  (This according to Pat Goodell of Academy Mortgage  503 380 0953.)
  • “The Deal” One thing I am noticing is that many people are becoming so enamored with “the deal” these days, that some are missing the point of why they decided to purchase to begin with, so I am simultaneously always trying to meet my clients needs & desires in a *property* (i.e. what they are trying to accomplish for themselves in their lives w/the purchase… what they truly like), while at the same time being cognizant of the “deal factor” for them.  Keep in mind these things regarding “deals”…  there are basically three kinds:
  1. People who are pricing their homes to sell. They have their own circumstances (down-sizing/relocation/up-sizing/on & on & on), and they are wanting to move on in some fashion.  There are plenty of these out there these days, especially as home owners look around and face the fact that they are now competing with so many homes in or approaching foreclosure.  There are some very real advantages to buying your home from these folks.  Some include: Often these homes are in tip-top shape / You are dealing directly with the owner of the home and as long as the agreed-upon sales price does not dip below what they owe on the property, you are in “Pending” status when you reach mutual acceptance, and /You are negotiating only with the Seller.  / You proceed through a normal closing process if you are taking out a loan, and notwithstanding any negotiations or hoops you need to jump through for the underwriter, you will most likely close in 30-45 days.
  2. Short Sales. These homes’ owners owe more to the bank than what the property is worth in today’s market. The bank is agreeing to take less than what is owed from the Seller.  There are many, many banks in existence and each has its own methods and processes, so there is no uniformity of what to expect, with a few exceptions that I will get into in a moment.  There may be more than one bank involved if there is a second mortgage or more. There are a few things that you can expect, and they are:   * Even if the Seller accepts your offer, the bank is the one (or ones) to give final approval considering that what they will receive is less than what was contracted with the Seller.   ***The bank (s) will usually have paperwork that you must sign if you want to be in the running that will change how the property proceeds through the sale process including: Notifying you that they will only accept an earnest money check & no promissory notes/ They will keep your money and wait to see how many other offers they receive / They will not give you a time line on when they will respond to your offer / You are usually on your own with regard to any repairs / It is usually several months before you find out if your offer was the one accepted & get to proceed to close / During this process the property very often stays in “Active” position on RMLS / Very often the paperwork you must sign includes a provision wherein the bank retains the right to accept another offer right up to closing.   ***For these reasons,  I counsel clients that they must REALLY be in love with a property to proceed through this process.  Also, depending on the property, you may be entering territory wherein you know that you will be competing with other offers, so the best advice, if this is the case, is to make this your best offer… especially if you plan to sit out the long process and want to have a happy ending.  Don’t try to “wing it”… these are complicated times & even the professionals involved are still feeling out the landscape.  There are all kinds of people calling themselves “experts”.  Make sure you know what you are doing and ask for licenses if you think people on the periphery are operating outside of their scope of expertise. Talk to your Realtor as to what your options are, and rely on that trusted professional relationship for guidance.
  3. Bank-owned properties. These homes have usually been through the short sale phase unsuccessfully.  The property has either been on the market & not sold, or the owners opted not to try a short sale and have simply stayed in the property until they had to move on as the bank proceeded through their legal remedies to regain the property due to non-payment.   These properties are sometimes in sad condition due to hardship (i.e. deferred maintenance), but many times these days, they are in very good condition… a sign of the times & the large numbers of otherwise responsible homeowners who simply found themselves in an untenable position through job loss or other factors. The thing to remember about these properties is that the price is ALWAYS lower than either short-sales or standard “good deals”. The bank wants to move on and prices the home low.  The bank is now the Seller and usually acts just like a normal Seller, i.e. Negotiating (tho usually not for repairs)/ accepting or rejecting an offer/Moving on to close with the property going to “Pending” status once it’s mutually agreed-upon/Proceeding through a normal closing process for the Buyer. For this reason: Investors and others are waiting in the wings to pounce on these very often with cash offers, so you have to be quick, and you want to be very careful about low offers, though this can sometimes still be a viable option. Talk to your Realtor about options as they will vary from property to property.

Hope this info is helpful!

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Lake Oswego Market Activity Report ~ March 29-April 4, 2010

Steady as she goes in Lake Oswego with 30 New, 19 Pending, and 17 Sold properties during last week’s Monday – Sunday period according to RMLS. 
Here’ your data for last week (see below the tables for additional notes):
NEWLY LISTED (March 29—April 4, 2010)

Address List Price # Beds # Baths Total SF Prop Type List Date
65 OSWEGO SMT $129,900 2 2 1,140 CONDO 3/29/2010
6120 SHAKESPEARE ST $249,000 3 1.1 1,000 DETACHD 4/3/2010
19032 KRISTI WAY $259,900 2 2 1,390 DETACHD 4/1/2010
2764 GLEN HAVEN RD $294,900 3 1.1 1,352 DETACHD 4/3/2010
16711 MELLON AVE $309,900 3 2 1,346 DETACHD 4/2/2010
1692 FIRCREST CT $329,900 4 3 2,550 DETACHD 3/31/2010
16969 ALDER CIR $344,900 3 2 1,534 DETACHD 3/29/2010
692 2ND ST $379,000 3 1 1,700 DETACHD 4/2/2010
5434 YORKSHIRE PL $489,000 3 3 2,335 DETACHD 4/3/2010
1690 FIRCREST CT $495,000 3 3.1 2,718 ATTACHD 3/29/2010
26 INDEPENDENCE AVE $574,000 4 3 3,694 DETACHD 3/29/2010
9 ABELARD ST $615,000 5 3.1 3,609 DETACHD 4/1/2010
16006 Kimball AVE $698,000 3 2 1,800 RES-MFG 3/31/2010
92 GARIBALDI ST $699,000 4 3.1 3,172 DETACHD 3/30/2010
17080 FERNWOOD DR $699,900 5 3.1 3,681 DETACHD 4/2/2010
14124 HEATHROW LN $785,000 4 3.1 3,812 DETACHD 3/31/2010
331 CHANDLER PL $810,000 4 2.1 2,428 DETACHD 3/29/2010
2358 SUMMIT DR $879,950 3 2.1 2,995 DETACHD 4/1/2010
606 6TH ST 789000 – 898876 4 3 2,850 DETACHD 4/1/2010
17301 CANAL CIR $949,999 3 2.1 1,863 DETACHD 4/2/2010
17979 CRESTLINE DR $1,149,000 4 2.1 4,650 DETACHD 4/2/2010
16805 SCOTT CT $1,190,000 4 3.1 4,321 DETACHD 4/3/2010
1318 HORSESHOE CURV $1,275,000 5 3 3,554 DETACHD 4/2/2010
2111 HAZEL RD $1,349,000 4 4.1 4,894 DETACHD 4/3/2010
1103 LAKE SHORE RD $1,375,000 3 3 3,200 DETACHD 4/2/2010
4011 WESTBAY RD $1,495,000 5 3.1 4,518 DETACHD 4/1/2010
13081 KNAUS RD $1,795,000 5 2.1 3,269 DETACHD 3/29/2010
179 FURNACE ST $2,195,000 3 3.1 4,784 CONDO 3/29/2010
17147 OLD RIVER DR $2,395,000 4 4.2 5,961 DETACHD 3/31/2010
1850 NORTHSHORE RD $15,000,000 4 6.2 13,500 DETACHD 4/3/2010

PENDING SALES (March 29 – April 4, 2010)

Address List Price # Beds # Baths Total SF Prop Type List Date CDOM
210 RIDGEWAY RD $113,900 1 1 778 CONDO 8/24/2009 221
4 TOUCHSTONE $129,000 2 2 984 CONDO 3/8/2010 24
852 5TH ST $250,000 2 1 738 DETACHD 11/21/2009 131
5354 LOWER DR $258,500 2 1 1,201 DETACHD 12/27/2009 96
5056 FOOTHILLS DR $269,000 2 2 1,252 CONDO 9/21/2009 194
82 WHEATHERSTONE $289,000 3 2.1 1,692 ATTACHD 2/17/2010 45
15256 BOONES WAY $299,000 2 2.1 1,600 ATTACHD 10/1/2009 350
505 8TH ST $389,000 3 1 1,050 DETACHD 11/6/2009 143
531 2ND ST $399,000 2 2 1,393 CONDO 2/3/2010 57
2753 VALE CT $399,900 3 3 2,786 DETACHD 10/30/2009 153
2251 PRESTWICK RD $407,250 3 2 2,236 DETACHD 4/1/2010 3
14 OTHELLO ST $419,000 4 2.1 2,464 DETACHD 3/12/2010 22
24 INDEPENDENCE AVE $449,950 6 3.1 3,773 DETACHD 3/5/2010 25
5 EL GRECO ST $469,000 4 2.1 2,455 DETACHD 3/29/2010 4
4311 ORCHARD WAY $519,000 4 2.1 2,916 DETACHD 2/24/2010 201
17930 MEADOWLARK LN $575,000 4 4 3,300 DETACHD 1/8/2010 84
17 SCARBOROUGH DR $579,900 4 2.1 3,290 DETACHD 3/6/2010 24
4113 WESTBAY RD $631,000 2 3 2,477 DETACHD 3/25/2010 7
18430 TAMAWAY DR $889,000 4 2.2 3,867 DETACHD 2/1/2010 59

SOLD (March 29- April 4, 2010)

Address O/Price Sold Price # Beds # Baths Total SF Prop Type CDOM
11 Oswego Summit $129,900 $130,000 2 2 1,212 CONDO 320
16250 PACIFIC HWY $200,000 $141,000 3 2 1,626 CONDO 185
45 EAGLE CREST DR $199,000 $175,000 3 2 1,348 CONDO 234
668 MCVEY AVE $209,000 $180,000 2 1 852 CONDO 34
1581 BONNIEBRAE DR $255,000 $220,000 2 2 1,393 ATTACHD 314
5858 LAKEVIEW BLVD $255,000 $227,000 2 1 1,117 DETACHD 248
1248 OAK ST $249,900 $238,500 2 1 900 DETACHD 73
29 ORIOLE LN $317,000 $240,000 3 2.1 1,644 DETACHD 175
15935 KIMBALL AVE $230,500 $257,000 3 2 1,542 DETACHD 9
4 THE GROTTO $289,000 $282,000 3 2.1 1,534 DETACHD 13
1234 MAPLE ST $349,000 $335,500 3 2 1,550 DETACHD 164
13821 REGENCY CT $409,000 $392,000 4 2.1 2,139 DETACHD 223
4137 ORCHARD WAY $475,000 $400,000 5 2.1 3,084 DETACHD 181
551 2ND ST $499,000 $499,000 2 2 1,631 CONDO 28
1430 CHERRY CREST DR $525,000 $510,000 4 3 3,302 DETACHD 158
16705 GLENWOOD CT $799,000 $665,500 4 3 4,243 DETACHD 190
1839 PALISADES LAKE CT $899,900 $899,900 4 3.1 4,570 DETACHD 168

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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Lake Oswego Market Activity Report ~ March 15-21, 2010

We are keeping a steady pace of activity with 29 truly New, 20 Pending, and 9 Sold properties during last week’s Monday – Sunday period according to RMLS.  Of those 29 New properties, 2 are bank-owned and 3 are short-sales. (I think I’ll write a refresher soon on the distinction to refresh our readers’ memories, so stay tuned.) I included Northshore even though it was “freshened” as it had a significant $134,000. price reduction.

Here’ your data for last week (see below the tables for additional notes):
NEWLY LISTED (March 15—March 21, 2010)

Address List Price # Beds # Baths Total SF Prop Type List Date
58 GALEN ST $87,000 1 1 689 CONDO 3/15/2010
47 EAGLE CREST DR $89,100 2 1 1,009 CONDO 3/16/2010
200 BURNHAM RD $205,850 1 1 820 CONDO 3/18/2010
5054 FOOTHILLS DR $225,000 3 2 1,252 CONDO 3/16/2010
5225 JEAN RD $229,900 2 2 1,400 CONDO 3/15/2010
18420 DON LEE WAY $230,000 3 1 924 DETACHD 3/15/2010
900 CORNELL ST $274,900 3 1.1 1,300 DETACHD 3/18/2010
18 SUMMIT RIDGE CT $299,000 2 2.1 1,548 ATTACHD 3/17/2010
4251 WOODSIDE CIR $305,950 3 2 2,032 ATTACHD 3/18/2010
16540 Lake Forest BLVD $324,900 3 2 1,310 DETACHD 3/15/2010
5291 CHINOOK CT $349,900 7 3 2,331 DETACHD 3/20/2010
18156 PIONEER CT $367,300 3 2 1,600 DETACHD 3/19/2010
1559 WORTHINGTON ST $369,000 4 2 2,016 DETACHD 3/15/2010
19242 TERRY AVE $395,000 4 2 1,872 DETACHD 3/16/2010
5644 WINDFIELD LOOP $425,000 3 3 1,800 DETACHD 3/19/2010
0 Lower DR $449,000 4 2.1 2,575 DETACHD 3/19/2010
12 DA VINCI ST $455,000 4 0.3 3,925 DETACHD 3/21/2010
9 JUAREZ ST $475,000 3 3.1 2,823 DETACHD 3/15/2010
5011 ROSEWOOD ST $534,000 3 1.1 1,698 DETACHD 3/15/2010
3285 CHILDS RD $550,000 3 3 2,423 DETACHD 3/20/2010
960 LAKE FOREST DR $610,000 4 2 2,838 DETACHD 3/18/2010
780 5TH ST $640,000 4 2.1 2,488 DETACHD 3/18/2010
13970 TAYLORS CREST LN $643,490 4 2.1 3,371 DETACHD 3/17/2010
18010 GIMLEY CT $685,000 4 2.5 3,652 DETACHD 3/15/2010
1592 BAY VIEW LN $889,900 4 4.1 4,087 DETACHD 3/15/2010
17537 CARDINAL DR $995,000 4 4 5,282 DETACHD 3/15/2010
18020 SKYLAND CIR $1,198,000 5 3.1 3,328 DETACHD 3/20/2010
425 NORTHSHORE RD $1,395,000 3 3 3,270 DETACHD 3/16/2010
18820 GREENBLUFF DR $1,495,000 4 4.1 5,382 DETACHD 3/21/2010

PENDING SALES (March 15 – March 21, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY $88,500 2 1.1 823 CONDO 77
100 KERR PKWY $90,000 2 1.1 823 CONDO 3
28 WHEATHERSTONE $230,000 3 2.1 1,692 CONDO 145
1137 SPRUCE ST $258,900 3 2 1,214 DETACHD 7
16890 CORTEZ CT $274,900 4 3 2,016 DETACHD 104
3365 UPPER DR $299,999 2 2 1,378 DETACHD 133
5373 LAKEVIEW BLVD $318,500 3 1 2,176 DETACHD 201
12519 27TH PL $339,000 3 2.1 1,975 DETACHD 15
17886 TUALATA AVE $375,000 4 2 1,994 DETACHD 218
12402 27TH PL $375,000 3 2 1,992 DETACHD 26
13707 REGENCY CT $399,000 4 2.1 2,006 DETACHD 18
533 2ND ST $399,000 2 2 1,274 CONDO 42
1414 GREENTREE CIR $449,000 4 2.1 2,330 DETACHD 37
644 7TH ST $449,000 3 2.1 1,640 DETACHD 223
2545 DELLWOOD DR $550,000 5 3.1 3,843 DETACHD 948
18081 WESTMINSTER DR $575,000 4 2.1 2,713 DETACHD 108
17644 WOODHURST PL $629,900 3 2.1 4,509 DETACHD 927
2688 RIVENDELL RD $723,000 4 3 3,720 DETACHD 405
16511 Maple CIR $925,000 3 3 3,341 DETACHD 16
8 DOVER WAY $999,000 6 4.2 6,244 DETACHD 184

SOLD (March 15- March 21, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
5225 Jean RD $189,500 $160,000 2 2 1,100 CONDO 92
668 MCVEY AVE $249,500 $220,000 3 1.2 992 CONDO 56
15 ORIOLE LN $269,900 $264,000 2 2 1,470 DETACHD 23
4955 GALEN ST $455,000 $410,000 3 2.1 1,887 DETACHD 76
624 LIVINGOOD LN $380,000 $440,000 4 3 2,596 DETACHD 15
26 WESTRIDGE DR $479,900 $479,900 4 3 2,758 DETACHD 308
5546 KODERRA AVE $539,900 $502,707 3 2.1 2,445 DETACHD 632
4699 AVERY LN $575,000 $555,000 4 3 2,829 DETACHD 4
13701 SW KNAUS RD $1,595,000 $775,000 5 4.1 5,730 DETACHD 219

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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St. Patrick’s Day Fun

Looking for things to do in Lake Oswego to celebrate St. Patrick’s Day?  Check out this family-oriented celebration at Maher’s with live entertainment, dance lessons, activities, games, contests, and lots of great food. 10% of all funds received will be donated to the Lake Oswego School Foundation. For more information click here:   St. Patrick’s Day Festival

Then there’s always the option of a quick jaunt into Portland for the annual pilgrimage to Kell’s Irish Restaurant & Pub.  Its been voted one of the top Irish establishments in the U.S., and attracts quite a crowd on St. Patrick’s Day.  Prepare to witness a sea of cabbie’s in downtown Portland, many of whom have already said they’ll take people home even if they can’t find their wallet.  Check out details here:  Kells

Here is a collection of Irish sayings & blessings for your enjoyment.  Maybe one will cone in handy this year!

May you always have
Walls for the winds,
A roof for the rain,
Tea beside the fire,
Laughter to cheer you,
Those you love near you,
And all your heart might desire!

May you be in
Heaven a half hour before the
Devil knows you’re dead!

When Irish eyes are smiling,
Tis like a morn in spring.
With a lilt of Irish laughter
You can hear the angels sing
When Irish hearts are happy
All the world is bright and gay
When Irish eyes are smiling
Sure, they steal your heart away.

May your blessings outnumber
The shamrocks that grow,
And may trouble avoid you
Wherever you go.

There are many good reasons for drinking,
One has just entered my head.
If a man doesn’t drink when he’s living,
How in the hell can he drink when he’s dead?

May the best day of your past
Be the worst day of your future.

I’m looking over a four leaf clover
That I overlooked before
One leaf is sunshine, the second is rain,
Third is the roses that grow in the lane.
No need explaining the one remaining
Is somebody I adore.
I’m looking over a four leaf clover
That I overlooked before.

May you live to be a hundred years
With one extra year to repent.

May those who love us, love us
And those who don’t love us,
May God turn their hearts
And if he can’t turn their hearts,
May he turn their ankles
So we will know them by their limping!

As you slide down the banister of life,
May the splinters never point in the wrong direction!

May luck be our companion
May friends stand by our side
May history remind us all
Of Ireland’s faith and pride.
May God bless us with happiness
May love and faith abide.

Leprechauns, castles, good luck and laughter
Lullabies, dreams, and love ever after.
Poems and songs with pipes and drums
A thousand welcomes when anyone comes.
That’s the Irish for you!

There’s a dear little plant that grows in our isle,
‘Twas St. Patrick himself, sure, that sets it;
And the sun of his labor with pleasure did smile,
And with dew from his eye often wet it.
It grows through the bog, through the brake, through the mireland,
And they call it the dear little Shamrock of Ireland.

May your neighbors respect you,
Troubles neglect you,
The angels protect you,
And Heaven accept you.

May you have:
A world of wishes at your command
God and his angels close at hand
Friends and family their love impart,
And Irish blessings in you heart.

May God grant you many years to live,
For sure he must be knowing
The earth has angels all to few
And Heaven is overflowing.

These things I warmly wish to you-
Someone to love
Some work to do
A bit o’ sun
A bit o’ cheer
And a guardian angel always near.

Here’s to a long life and a merry one
A quick death and an easy one
A pretty girl and an honest one
A cold beer and another one!

May your pockets be heavy and your heart be light,
May good luck pursue you each morning and night,

O Ireland isn’t it grand you look
like a bride in her rich adornin?
And with all the pent up love of my heart
I bid you the top o’ the mornin!

May the lilt of lush laughter lighten ever road,
May the midst of Irish magic shorten every road.
May you taste the sweetest pleasures
that fortune ever bestowed,
And may all your friends remember
all the favors you are owed.

Go mbeannai Dia duit
(May God Bless You)

May your home always be too small to hold all your friends.
God is good, but never dance in a small boat.

May you live as long as you want,
And never want as long as you live.

If you’re enough lucky to be Irish…
You’re lucky enough!My wild Irish rose
The sweetest flower that grows
You may search everywhere
But none can compare to my wild Irish rose
My wild Irish rose
The sweetest flower that grows
Someday for my sake she may let me take
A bloom from my wild Irish rose

‘Tis better to buy a small bouquet
And give to your friend this very day,
Than a bushel of roses white and red
To lay on his coffin after he’s dead.

For each petal on the shamrock
This brings a wish your way-
Good health, good luck, and happiness
For today and every day.

Dance as if no one were watching,
Sing as if no one were listening,
And live every day as if it were your last.

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Market Activity for March 8th to 14th, 2010

Last week brought 26 new listings, 24 pending sales, and 16 closed sales. I think it’s beginning to feel a lot like spring!

Here is your data for last week (see below the tables for additional notes):

NEWLY LISTED (March 8—March 16, 2010)

Address List Price # BR # BTHS Total SF Prop Type List Date
4 TOUCHSTONE $129,000 2 2 984 CONDO 3/8/2010
4000 CARMAN DR $129,000 2 2 836 CONDO 3/9/2010
18 CRESTFIELD CT $137,500 2 1 923 CONDO 3/11/2010
181 Oswego Summit $200,000 2 2 1,383 CONDO 3/12/2010
1210 PINE ST $217,500 3 1.1 1,720 DETACHD 3/9/2010
13 ERASMUS ST $219,000 2 2.1 1,414 ATTACHD 3/8/2010
1137 SPRUCE ST $258,900 3 1.1 1,214 DETACHD 3/10/2010
12824 BOONES FERRY RD $275,000 2 2.1 1,398 CONDO 3/9/2010
5 SUMMIT RIDGE CT 298500 2 2.1 1,576 ATTACHD 3/8/2010
5 ORIOLE LN 348000 3 2.1 2,024 DETACHD 3/10/2010
18357 HEATHER ANN CT 449000 3 2 1,832 DETACHD 3/11/2010
4671 Lakeview BLVD 499900 4 2.1 2,575 DETACHD 3/12/2010
4941 HASTINGS DR 549000 4 2.1 2,530 DETACHD 3/13/2010
16925 DEPOT ST 549900 4 2.1 2,893 DETACHD 3/12/2010
2031 LILLI LN 550000 3 3.1 3,418 DETACHD 3/12/2010
19266 SW MEGLY CT 589900 4 3 3,575 DETACHD 3/12/2010
5783 VICTORIA CT 595000 3 2 2,344 DETACHD 3/10/2010
2329 STONEHURST CT 615000 4 3 3,275 DETACHD 3/8/2010
17363 BROOKHURST DR 625000 4 2.1 3,420 DETACHD 3/12/2010
5587 Carman Drive 739000 4 3.1 2,617 DETACHD 3/12/2010
1736 PALISADES TERRACE DR 739950 3 2.1 3,079 DETACHD 3/9/2010
1414 COUNTRY COMMONS 1095000 4 3.1 5,679 DETACHD 3/11/2010
112 NORTHSHORE CIR 1760000 4 4.2 3,632 DETACHD 3/9/2010
1460 SKYLAND DR 1900000 4 4.1 4,760 DETACHD 3/9/2010
1066 NORTHSHORE RD 2795000 4 5.1 4,224 DETACHD 3/12/2010
1186 CRESTLINE CT 5950000 6 6.3 14,411 DETACHD 3/10/2010

PENDING SALES (March 8 – March 14, 2010)

Address List Price # BR # BTHS Total SF Prop Type CDOM
59 GALEN ST $89,950 1 1 550 CONDO 97
8 OSWEGO SMT $129,900 2 2 1,140 CONDO 115
16250 PACIFIC HWY $150,000 3 2 1,626 CONDO 185
775 BOCA RATAN DR $180,000 3 3 2,401 DETACHD 186
550 S STATE ST $189,000 2 1 920 CONDO 59
45 EAGLE CREST DR $199,000 3 2 1,348 CONDO 234
5858 LAKEVIEW BLVD $244,000 2 1 1,117 DETACHD 248
150 KINGSGATE RD $314,900 3 2 1,502 DETACHD 239
1650 FIRCREST DR 325000 4 3 2,384 DETACHD 537
516 7TH ST 355000 3 2.1 1,502 DETACHD 12
14300 SHERBROOK PL 358500 3 2.1 1,924 DETACHD 141
624 LIVINGOOD LN 380000 4 3 2,596 DETACHD 15
523 2nd ST 399000 2 2 1,274 CONDO 38
13821 REGENCY CT 409000 4 2.1 2,139 DETACHD 223
4137 ORCHARD WAY 435000 5 2.1 3,084 DETACHD 181
13448 AUBURN CT 469000 3 2.1 2,535 ATTACHD 131
4763 AVERY LN 514900 4 2.1 2,566 DETACHD 19
1430 CHERRY CREST DR 525000 4 3 3,302 DETACHD 158
10 OTHELLO ST 549900 4 3 3,440 DETACHD 3
17079 CHERRY CREST AVE 575000 3 2.1 3,002 DETACHD 30
13460 SNOWBERRY CT 582500 3 2.1 3,327 DETACHD 243
1224 TYNDALL CT 799000 4 3.1 4,157 DETACHD 306
14435 UPLANDS DR 799995 4 3.1 4,822 DETACHD 115
749 SOUTHVIEW RD 899000 4 2.1 3,052 DETACHD 4

SOLD (March 8- March 14, 2010)

Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
16250 PACIFIC HWY $178,900 $110,000 1 1 859 CONDO 860
668 MCVEY AVE $219,998 $147,000 2 1 852 CONDO 882
65 GREENRIDGE CT $215,000 $148,800 2 2 1,314 CONDO 80
1547 BOCA RATAN DR $208,900 $194,000 2 1.1 1,008 ATTACHD 168
105 KINGSGATE RD $279,500 $269,900 3 2 1,500 DETACHD 203
16111 LINDSAY CT $347,500 $323,000 3 2.1 1,840 DETACHD 73
17755 HILL WAY $364,900 $339,900 4 3 1,831 DETACHD 70
980 C AVE $399,500 $360,000 3 2 1,312 DETACHD 145
529 2ND ST 535600 399000 2 2 1,339 CONDO
17121 WALL ST 475000 448000 3 2.1 2,187 DETACHD 391
3745 TEMPEST DR 547500 465000 4 3 2,573 DETACHD 411
11 MORNINGVIEW CIR 547000 525000 3 2.1 2,921 DETACHD 235
557 2ND ST 797355 649000 2 2.1 1,833 CONDO
1505 COUNTRY CLUB RD 759900 660000 6 4.1 5,463 DETACHD 229
5322 ROSALIA WAY 799999 685000 4 2.1 3,500 DETACHD 87
5234 WESTFIELD CT 724900 689000 4 3 3,252 DETACHD 8

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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Lake Oswego Market Activity Report ~ March 1-7, 2010

There are a whopping 31 truly New, 16 Pending, and 8 Sold properties during last week’s Monday – Sunday period according to RMLS.

Here’ your data for last week (see below the tables for additional notes):
NEWLY LISTED (March 1—March 7, 2010)

Address List Price # Beds # Baths Total SF Prop Type List Date
129 OSWEGO SMT $80,000 1 1 764 CONDO 3/1/2010
4 TOUCHSTONE $184,900 2 2 1,029 CONDO 3/2/2010
87 OSWEGO SMT $209,900 2 1.1 1,116 ATTACHD 3/2/2010
5057 FOOTHILLS DR $229,000 3 2 1,252 CONDO 3/2/2010
18021 TUALATA AVE $269,999 3 1 1,410 DETACHD 3/5/2010
16200 PACIFIC HWY $279,900 2 2 1,208 CONDO 3/1/2010
2320 GLEN HAVEN RD $319,900 3 1.1 1,346 DETACHD 3/7/2010
4505 WILDWOOD ST $329,900 3 2 1,720 DETACHD 3/5/2010
12519 27TH PL $339,000 3 2.1 1,975 DETACHD 3/1/2010
16969 ALDER CIR $369,900 3 2 1,534 DETACHD 3/1/2010
6338 WASHINGTON CT $384,900 3 1 1,558 DETACHD 3/2/2010
13707 REGENCY CT $399,000 4 2.1 2,006 DETACHD 3/1/2010
17763 MARDEE AVE $399,500 5 3 2,300 DETACHD 3/3/2010
446 LIVINGOOD LN $399,900 4 2 2,440 DETACHD 3/1/2010
2104 WEMBLEY PARK RD $469,000 4 3 2,052 DETACHD 3/1/2010
2794 VALE CT $486,000 3 2.1 2,968 DETACHD 3/2/2010
452 EVERGREEN RD $489,000 4 1.1 1,677 ATTACHD 3/3/2010
24 INDEPENDENCE AVE $499,950 6 3.1 3,773 DETACHD 3/5/2010
15266 CANDLEWOOD CT $499,988 4 3 2,569 DETACHD 3/1/2010
19 FALSTAFF ST $500,000 4 2.1 3,207 DETACHD 3/1/2010
17802 HILLSIDE WAY $514,998 4 2.1 2,965 DETACHD 3/1/2010
12 MONTICELLO DR $549,000 4 2.1 3,658 DETACHD 3/4/2010
17 SCARBOROUGH DR $579,900 4 2.1 3,290 DETACHD 3/6/2010
4 NANSEN SUMMIT $625,000 4 2.1 3,257 DETACHD 3/1/2010
1015 SW SOUTHSHORE BLVD $789,000 4 3 3,522 DETACHD 3/1/2010
17151 CORNELL ST $835,000 4 3 3,422 DETACHD 3/2/2010
2886 UPPER DR $850,000 2 3 2,674 DETACHD 3/7/2010
749 SOUTHVIEW RD $899,000 4 2.1 3,052 DETACHD 3/5/2010
16511 Maple CIR $925,000 3 3 3,341 DETACHD 3/1/2010
17344 CEDAR RD $1,099,000 4 2.1 2,831 DETACHD 3/1/2010
408 Northshore RD $1,399,000 4 3.1 3,753 DETACHD 3/1/2010

PENDING SALES (March 1 – March 7, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE $129,000 2 2 979 CONDO 6
73 GALEN ST $139,900 2 2 995 CONDO 116
668 MCVEY AVE $209,000 2 1 852 CONDO 34
15935 KIMBALL AVE $230,500 3 2 1,542 DETACHD 9
15 BLOCH TER $274,900 3 2.1 1,973 ATTACHD 176
18530 PILKINGTON RD $274,950 3 2 1,925 DETACHD 445
15 SAINT HELENS CIR $309,800 3 2 1,528 DETACHD 6
1234 MAPLE ST $339,900 3 2 1,550 DETACHD 164
1565 BEDFORD CT $344,900 3 2 1,978 DETACHD 251
15921 KIMBALL AVE $389,900 3 2 2,309 DETACHD 3
16044 INVERURIE RD $399,000 2 1 952 DETACHD 27
13052 KNAUS RD $475,000 5 3 3,026 DETACHD 34
551 2ND ST $499,000 2 2 1,631 CONDO 28
4668 HASTINGS PL $574,900 3 2.1 2,630 DETACHD 0
1052 TROON RD $659,900 3 2.1 2,310 DETACHD 112
17379 Canal CIR $998,000 4 4 3,421 DETACHD 7

SOLD (March 1- March 7, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
17659 DEEMAR WAY $249,000 $140,000 3 2 1,382 DETACHD 90
3 SUMMIT RIDGE CT $300,000 $260,000 2 2.1 1,576 ATTACHD 218
13680 SHIREVA DR $299,900 $289,900 3 2 1,504 DETACHD 23
702 TERRACE DR $475,000 $370,000 3 3 3,429 DETACHD 103
4040 VIRGINIA WAY $524,900 $515,000 3 2.1 2,623 DETACHD 243
4581 HASTINGS PL $574,900 $550,000 4 2.1 2,985 DETACHD 24
17649 WOODHURST PL $776,900 $567,000 6 4.1 5,669 DETACHD 285
567 6TH ST $779,000 $779,000 4 3.1 2,568 DETACHD 81

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.