Tag: waterfront homes

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Market Activity Report Feb 01 – 07, 2016

Hello Everybody!

This week as I was doing the market activity report I thought about what my mother, Dianne Gregoire, had pointed out to me a week before: that there are not many condos available in Lake Oswego right now, or at least it seems this way. As I was doing the report I made a mental note to actually count out the condos that where available, then those that where pending and sold. Turns out she was right: there are only two condos available within the week of 01-07, then one pending, and one that has closed. How weird! Maybe that means we have a lot of condo owners that are happy where they are (I mean can you blame them, Lake Oswego is a pretty wonderful place to live!)

This week we have 9 new listings, 19 pending homes, and 11 sold properties.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 01-07, 2016)

Address Type Price Bedrooms Bathrooms Sqft
4 TOUCHESTONE #155 CONDO 189,900 3 2.5 1351
16913 CANAL CIR DETACHED 599,000 3 2 2525
17126 HOFFER CT DETACHED 668,000 3 3 2541
17742 MARYLCREEK DR DETACHED 780,000 4 2.5 3288
17540 RIDGEVIEW LN DETACHED 1,195,000 4 3.5 4345
4018 COHO LN DETACHED 1,199,000 4 4.5 5128
2445 GLENMORRIE DR DETACHED 1,295,000 5 5 5106
1973 CHERYL CT DETACHED 1,899,000 5 4.5 6436

Pending Sales (Feb 01-07, 2016)

Address Type Price Bedroom Bathrooms DOM
31 CRESTFIELD CT CONDO 184,500 2 2 2
1755 KILKENNY RD DETACHED 300,000 3 1 146
4305 SILVER CT ATTACHED 339,000 3 2.5 7
4333 WOODSIDE CIR ATTACHED 349,000 3 2 69
16309 LAKE FOREST BLVD DETACHED 369,900 3 2 120
15948 QUARRY RD DETACHED 400,000 3 1 227
1720 YARMOUTH CIR DETACHED 422,800 3 2.5 73
510 2ND ST ATTACHED 435,000 2 1.5 0
9 ORIOLE LN DETACHED 439,000 3 3 81
14850 TWIN FIR RD DETACHED 439,900 4 3 2
15585 PARTRIDGE DR DETACHED 519,000 4 2.5 182
736 EVERGREEN RD DETACHED 549,000 3 2 84
2 CREEKSIDE TER DETACHED 549,900 5 2.5 44
5124 LAKEVIEW BLVD DETACHED 579,000 4 3 126
14221 DOLPH CT DETACHED 598,000 3 2.5 23
72 NANSEN SUMMIT DETACHED 849,000 4 3 140
670 IRON MOUNTAIN BLVD DETACHED 1,595,000 4 3.5 72
1933 HIGHLANDS LOOP DETACHED 2,750,000 4 3.5 187

Sold/Closed  (Feb 01-07, 2016)

Address Type List Price Close Price Sqft DOM
4634 LOWER DR CONDO 139,900 139,900 1260 4
48 EAGLE CREST DR 5E CONDO 205,000 197,000 1443 16
5849 FERNBROOK CIR DETACHED 419,500 421,000 1239 3
4331 LORDS LN DETACHED 509,000 452,500 2320 89
14356 HOLLY SPRINGS RD DETACHED 510,000 475,000 1939 60
9 FALSTAFF ST DETACHED 509,000 485,000 2436 105
6402 FROST ST DETACHED 499,900 499,000 2800 0
5554 ROYAL OAKS DR DETACHED 525,000 520,000 1861 262
19365 35TH CT DETACHED 579,500 598,000 2484 6
3820 SOUTHSHORE BLVD DETACHED 1,098,888 1,055,000 4855 158
17265 LAKE HAVEN DR DETACHED 1,429,000 1,495,000 3911 672

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 Snap Shot

l-lake-oswego-mansionIn a recent conversation with another Realtor here in Lake Oswego the comment was made “aren’t there any houses in Lake Oswego under a million dollars!”. It got me thinking about the fact that it’s been awhile since I did my affordability comparison with Sellwood in SE Portland. It also got me wondering about all the houses in Lake Oswego that are priced at a million dollars or greater. How many are there and are they selling?

I ran these numbers on February 1st and in 5 days time they will of changed, but it will give all of us a snap shot of current inventory and current activity.

There are currently 124 detached houses for sale. Of those, 56 are priced at a million dollars or greater. That means that million dollar properties make up 45% of the current inventory. I wanted to know how many million dollar homes had sold in the last six months. I decided if I was going to do it with the expensive houses I would also do it with the less expensive houses. Below you will find the results of my research:

Type Value Range # Active # Pending # Sold/6 Months # Month’s Inventory
Detached $100,000-$400,000 6 13 52 3 weeks
$400,001-$600,000 21 26 106 5 weeks
$600,001-$800,000 28 19 77 2 months
$800,001-$1,000,000 14 9 43 2 months
$1,000,001-$1,500,000 28 13 32 5 months
$1,500,001-$2,000,000 13 3 16 5 months
$2,000,001-$3,000,000 7 0 8 5 months
$3,000,001-$5,000,000 4 2 2 12 months
$5,000,001-$20,000,000 3 0 0 unknown
Attached All Price Ranges 6 6 27 5 weeks
Condos All Price Ranges 3 20 103 1 week

So the answer to my question is that while there are a lot of million dollar houses, they are selling quite well. The far right column shows you that based upon how many have sold in the last 6 months, how many months it will take to sell what is currently on the market. The less expensive homes are selling in just weeks.

The real shocker in this, to me, is what has happened to the condos. I have never in 28 years of selling real estate seen the condo inventory so low. In my experience there always seems to be a bit of a glut of condos available. Last summer there were many and some complexes had so much inventory that they just languished on the market. So what happened? Many complexes that were involved in litigation and special assessments have put that behind them and are now more stable and more financially healthy. The foreclosures and shortsales are pretty much gone (there may be a few hold outs yet to appear), but mostly I think it’s because first time home buyers are back in the game. The millenials have had a hard time getting established in good jobs, but it is happening and they are buying homes. If you own a condo in Lake Oswego, it is likely going up in value.

Lake Oswego vs Sellwood
I started doing this comparison between LO and Sellwood (a neighborhood in SE Portland) because I have long felt that thinking of Lake Oswego as a strictly rich community is unfair. I think there are a fairly broad range of households and that you can find affordable housing in Lake Oswego. I used Sellwood for the comparison because it is where I moved from when I came to Lake Oswego 18 years ago. I used to do this comparison about once a year, but I don’t think I’ve done it for quite a long time. So hear it is. My definition is based upon a detached home that is priced at $400,000 or less. In Lake Oswego there are currently 6. In Sellwood there is currently 1. So it continues to hold true that there are more “affordable” houses in Lake Oswego than there are in Sellwood. This has been the case every time I have done this exercise. But the take away is “only 6”?! and “only 1”?! Our property values have gone up so much that I’m not sure I can use the $400,000 price cap any more, in either area.

Most expensive and least expensive
The last part of this review is that I want to give you an idea of the least and most expensive detached house value in Lake Oswego. The least expensive house is offered at $320,000. It was built in 1964 and has 3 bedrooms and 1 bath, and 924 square feet. It’s on a .24 acre lot, needs a lot of updating, and is on a septic system. The most expensive house is offered at $15,000,000. It was built in 2006. It has 5 bedrooms, 6 full baths and 3 half baths. It has an elevator, a media room, a game room, a workout room, and more. It has 13,462 square feet. It sits on .66 of an acre that happens to be lake front along the North shore. It has also been on and off of the market for the past 4 years.

I hope you found this both interesting and helpful. Feel free to call if you have any questions. Linda, Whitney and I are always here to help.
Dianne

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Market Activity Jan 25-31, 2016

We are in February now and I expect these numbers to start climbing. Our market peaks in May and June, but it starts to build in February and March. Doing the market activity report for last week in Lake Oswego, the numbers are still pretty small, particularly the new listings. I know that there are buyers right now that are eager to buy but just haven’t found “the one”. If you are planning to sell this spring, I actually think now is a good time to list because you have such low competition.

Last week in Lake Oswego there were 5 new listings, 18 houses moved to pending status, and 13 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 25-31, 2016)

Address Type Price BR Baths Sq Ft
104 Oswego Summit Condo $165,000 1 1 800
18000 Cardinal Dr Detached $674,900 4 3 2750
51 Hillshire Dr Detached $715,600 3 2.5+.5 4268
2155 Ridgewood Rd Detached $780,000 4 3 3454
17622 Lake Haven Dr Detached $1,149,000 3 2

Pending Sales (Jan 25-31, 2016)

Address Type Price BR Baths Sq Ft CDOM
4 Touchstone #110 Condo $165,000 2 2 989 2
48 Eagle Crest Dr #D2 Condo $174,900 3 2 1623 78
67 Oswego Summit Condo $184,900 2 2 1212 88
48 Eagle Crest Dr Condo $185,700 2 2 1545 90
11 Summit Ridge Ct Attached $349,900 2 2.5 1576 11
8 Summit Ridge Ct Attached $379,900 2 2.5 1642 4
1775 Kilkenny Rd Detached $439,900 4 2 2560 42
741 Briercliff Ln Detached $519,000 4 3 2765 24
7 Falstaff St Detached $519,900 4 2.5 2740 140
1430 Larch St Detached $529,000 3 3 2279 34
16060 Pearcy St Detached $538,000 3 3.5 2101 4
17927 Ridge Lake Dr Detached $629,900 4 2.5 2544 142
1495 Woodland Terrace Detached $649,500 4 2.5 3862 12
41 Touchstone Detached $675,000 4 3 3092 100
5371 Southwood Dr Detached $724,900 3 3 2751 9
18320 River Edge Ln Detached $899,000 4 4 4342 290
3133 Douglas Circle Detached $1,350,000 4 3.5 3981 41
915 Atwater Rd Detached $1,895,000 4 4.5 4102 57

Sold/Closed  (Jan 25-31, 2016)

Address Type List Price Sold Price Sq Ft CDOM
95 Oswego Summit Condo $135,000 $105,000 1116 56
44 Eagle Crest Dr #6 Condo $139,900 $135,000 798 6
45 Eagle Crest Dr #208 Condo $185,000 $182,500 1,046 152
17 Summit Ridge Ct Attached $342,500 $327,500 1558 0
21 Oriole Ln Detached $345,000 $345,000 1473 228
1475 Cherry Crest Dr Detached $409,000 $439,000 1739 2
1651 Larch St Detached $489,900 $505,000 2225 2
6150 Kenny St Detached $599,000 $545,000 2070 150
1330 Pine St Detached $799,900 $770,000 3775 149
18262 Bryant Rd Detached $975,000 $875,000 3428 601
17620 Woodhurst Pl Detached $1,195,000 $975,000 4389 290
3115 Wembley Park Rd Detached $1,035,000 $1,035,000 3616 3
12822 Alto Park Rd Detached $1,299,000 $1,199,000 3426 179

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 Jan 04 – Jan 17, 2016

So this week I will be covering the missed week, previous to this one, as well as this up-to-date week. This way we can still get a good look at the market as a whole, and let me tell you: it is looking good! We have lots of new houses that have entered the market, one of which is a house I have been fond of ever sense I was a little girl growing up here in Lake O, you can find this lovely house at 17210 cedar rd.
We have 27 new houses, 39 pending houses, and 15 sold.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 04 – Jan 17, 2016)

Address Type Price Bedrooms Bathrooms Sqft
44 EAGLE CREST DR #1 CONDO 150,000 2 1 908
3968 CARMAN DR CONDO 239,900 2 2.5 1129
17 SUMMIT RIDGE CT ATTACHED 342,500 2 2.5 1558
11 SUMMIT RIDGE CT ATTACHED 349,900 2 2.5 1576
21 BRITTEN CT ATTACHED 359,900 3 2.5 1972
6 THE GROTTO DETACHED 375,000 3 2 1381
5329 CHARLETON CT DETACHED 379,900 3 2 1120
18088 BELMORE AVE DETACHED 405,000 3 1.5 1304
3759 LANEWOOD ST DETACHED 419,000 3 2.5 1783
13160 PETERS RD DETACHED 460,000 3 2.5 1946
490 G AVE DETACHED 499,000 5 2 2126
741 BRIERCLIFF LN DETACHED 519,000 4 3 2765
7 FALSTAFF ST DETACHED 524,950 4 2.5 2740
1669 OAK ST DETACHED 525,000 5 2.5 2649
136 D AVE ATTACHED 575,000 2 2.5 1741
4672 AUBURN LN ATTACHED 585,000 3 3.5 2732
14221 DOLPH CT DETACHED 598,000 3 2.5 2081
19201 REDWING CT DETACHED 599,900 4 3 2471
1495 WOODLAND TER DETACHED 649,500 4 2.5 3960
17562 BLUE HERON CT DETACHED 650,000 4 3 2712
524 WEIDMAN CT DETACHED 669,000 4 2.5 3450
18217 DELENKA LN DETACHED 769,900 4 3 4166
13825 MELROSE PL DETACHED 835,000 5 4.5 4490
18024 EASTRIDGE LN DETACHED 1,298,000 5 3.5 4141
13900 GOODALL RD DETACHED 1,429,000 4 3.5 4212
16895 CHAPIN WAY DETACHED 1,500,000 4 3.5 5182
17210 CEDAR RD DETACHED 1,975,000 4 3 2813

Pending Sales (Jan 04 – Jan 17, 2016)

Address Type Price Bedroom Bathrooms DOM
95 OSWEGO SMT CONDO 124,900 2 1.5 56
86 KINGSGATE RD F202 ATTACHED 134,900 2 2 3
65 OSWEGO SMT CONDO 144,999 2 2 79
3804 BOTTICELLI ST CONDO 150,300 2 1.5 59
4000 CARMAN DR #62 CONDO 163,350 2 2 8
15938 QUARRY RD 3A CONDO 169,900 2 1 17
67 OSWEGO SMT #67 CONDO 184,900 2 2 70
45 EAGLE CREST DR #208 CONDO 185,000 2 2 152
4386 THUNDER VISTA LN CONDO 249,900 2 2.5 36
1248 OAK ST DETACHED 310,000 2 1 54
6213 HARRINGTON AVE DETACHED 339,000 3 1 79
6140 BURMA RD DETACHED 399,900 5 2 75
5340 CHINOOK CT DETACHED 399,900 3 2 58
6210 CHILDS RD DETACHED 400,000 3 1.5 153
6105 SHAKESPEARE ST DETACHED 410,000 4 2 227
1720 YARMOUTH CIR DETACHED 445,000 3 2.5 41
16835 FERNWOOD DR DETACHED 449,900 4 2 132
1140 HALLINAN CT DETACHED 474,950 3 2 55
116 MIDDLECREST RD DETACHED 564,888 3 3 2
17765 TREETOP LN DETACHED 579,000 4 3 42
17568 ERIN CT DETACHED 619,900 4 3 10
19285 MEGLY CT DETACHED 654,900 5 3 46
6413 MCDUFF CT DETACHED 699,900 3 2.5 62
6087 SW CARMAN DR #2,3,4 DETACHED 725,000 3 2.5 134
16987 ALDER CIR DETACHED 749,000 3 2.5 266
5218 WESTFIELD CT DETACHED 775,000 4 2.5 5
4845 UPPER DR DETACHED 799,900 4 3 124
1992 PALISADES TERRACE DR DETACHED 849,900 5 3.5 25
18262 BRYANT RD DETACHED 899,900 4 3.5 601
17446 BRYANT RD DETACHED 925,000 4 4 13
18945 BRYANT RD DETACHED 987,000 5 3 79
3115 WEMBLEY PARK RD DETACHED 1,035,000 4 3.5 3
717 5TH ST DETACHED 1,089,000 4 2.5 6
12822 ALTO PARK RD DETACHED 1,199,000 4 4.5 179
4287 HAVEN ST DETACHED 1,249,950 4 3.5 18
1144 BAYBERRY RD DETACHED 1,299,900 6 3 60
17264 LAKE HAVEN DR DETACHED 1,495,000 4 3.5 672
1150 FAIRWAY RD DETACHED 3,295,000 5 5.5 472

Sold/Closed  (Jan 04 – Jan 17, 2016)

Address Type List Price Close Price Sqft DOM
115 OSWEGO SMT CONDO 135,000 135,000 1212 0
48 EAGLE CREST DR 2D CONDO 164,900 142,500 1623 410
534 S STATE ST CONDO 149,250 148,000 829 232
57 CHURCH ST CONDO 159,000 170,000 636 3
3886 BOTTICELLI ST CONDO 220,000 205,000 1132 30
200 BURNHAM RD #205 CONDO 220,000 225,000 1305 3
3910 CARMAN DR CONDO 239,900 234,000 1129 83
4230 SUNSET DR DETACHED 379,900 379,000 1563 1
123 3RD ST CONDO 450,000 440,000 1206 22
6192 HARRINGTON AVE DETACHED 498,900 440,000 2817 40
26000 GLENMORRIE DR DETACHED 495,000 495,000 1370 0
6411 FROST ST DETACHED 499,900 503,000 2430 28
1371 KOAWOOD DR DETACHED 599,900 606,000 3534 115
13624 GOODALL RD DETACHED 1,599,000 1,399,000 4411 262
16842 ALDER CIR DETACHED 4,750,000 3,200,000 5144 68

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 Reads

loreads2016_4
2016 marks the 10th anniversary of the annual Lake Oswego Reads. It’s pretty simple. The idea is that “the city that opens the same book closes it in greater harmony”. I am a pretty avid reader and I think I have read the chosen book at least 8 years of the 10. Great thought is put into the selection as it needs to appeal to a broad population of young and old. It needs to be engaging, but also appropriate for schools. The committee that chooses the books have done a great job.

Chief Joseph, Nez Perce, 1903
Chief Joseph, Nez Perce, 1903
I am particularly excited about this year’s selection as I have been a fan of Timothy Egan for some time. I really like good non-fiction. The first book I read of his was “The Big Burn” about Gifford Pinchot and the formation of the National Parks Service. From there I read “The Worst Hard Times” about the great depression and the dust bowl. Both of these books left me with better knowledge of important events, but also thoughts about how those times were truly dramatic (they made soup out of tumble weeks!). So I was excited that Timothy Egan is the author of this year’s selection “Short Nights of the Shadow Catcher”.

It’s the true story of Edward Curtis, an uneducated man from Seattle with a burning talent for photography and the drive that became his life’s mission, photographing the tribes of the American Indians before their lives were irrivocably changed by modern man. I am about 3/4 of the way through the book and it is a great read. I have so much more appreciation for Indians of the Willamette Valley and the Columbia River Gorge, but also for Indians in Arizona, New Mexico, California, Alaska, really our entire country.

The friends of the Lake Oswego Library are giving away free copies of the book on January 11th, this Monday, at 6:30pm, at the Lake Oswego Library (706 4th St). Then through out the months of January and February are a series of events that range from exhibits of Edward Curtis photography at the Library and LO Heritage House, to sampling of Native American foods, drum circles, and many other events. The highlight, in my opinion, will be the talk that Timothy Egan will be giving on the evening of February 10th at Lake Oswego High School. The event is free, but you do have to obtain your ticket in advance. They will be given out on January 23rd, 11:00-11:30, again at the Lake Oswego Library.

Lake Oswego Reads is one of many reasons I love this town!
Cheers to you and happy reading,
Dianne

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Market Activity Dec 28-Jan 3, 2016

Happy New Year! Yep, I love the holidays. Yep, I’m glad that they are over. I like the community of sharing, being with family and friends, and cherishing the spirit of the season, but I also have buyers looking for houses. It is actually quite frustrating to have clients I am trying to help and there is just not a house on the market that suits their needs. So I am excited to have the holidays behind us and to be able to watch the inventory of available homes start to grow. I don’t think that I’m the only one. I think there are a lot of buyers ready to go and I predict the selling season will be in full swing by February. Exciting!

Last week in Lake Oswego we had 7 new listings, 13 go to pending status, and 16 closed/sold properties.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 28-Jan 3, 2016)

Address Type Price BR Baths Sq Ft
4000 Carman Dr #62 Condo $163,350 2 2 999
47 Greenridge Ct Attached $249,900 2 1.5 1176
4725 Jean Rd Detached $385,700 4 2 1433
17015 Chapin Way Detached $544,000 3 2 2188
5218 Westfield Ct Detached $775,000 4 2.5 3107
17446 Bryant Rd Detached $925,000 4 4 3506
717 5th St Detached $1,089,000 4 2.5 2809

Pending Sales (Dec 28-Jan 3, 2016)

Address Type Price BR Baths Sq Ft CDOM
668 McVey Ave #41 Condo $135,000 0 1 485 139
3804 Botticelli St Condo $150,300 2 1.5 1143 45
4000 Carman Dr #12 Condo $158,500 2 2 866 23
3932 Carman Dr Condo $239,900 2 2.5 1128 10
1755 Kilkenny Rd Detached $280,000 3 1 1742 108
21 Oriole Ln Detached $345,000 2 2 1473 228
1475 Cherry Crest Dr Detached $419,000 3 2 1739 2
9 Falstaff St Detached $495,000 4 2.5 2436 105
5475 Bonita Rd Detached $519,000 3 2 1904 146
5554 Royal Oaks Dr Detached $525,000 2 2 1861 262
524 Country Club Rd Detached $549,900 2 2 2168 26
14113 Amberwood Circle Detached $739,000 4 2.5 3514 102
4810 Lakeview Blvd Detached $819,000 4 4.5 3511 134

Sold/Closed  (Dec 28-Jan 3, 2016)

Address Type List Price Sold Price Sq Ft CDOM
668 McVey Ave #40 Condo $185,000 $167,500 626 26
228 Ridgeway Rd Condo $159,900 $169,500 746 9
668 McVey Ave #25 Condo $299,900 $297,500 636 $0
4347 Silver Ct Condo $319,000 $319,000 1844 26
76 Condolea Way Condo $415,000 $415,000 2746 0
17347 Ashley Ct Attached $459,900 $445,000 2117 90
13855 Verte Ct Detached $499,000 $449,000 1835 128
17162 Warren Ct Detached $515,000 $515,000 2231 3
5336 Coventry Ct Detached $524,500 $545,000 2358 3
619 Clara Ct Detached $549,000 $549,000 2958 4
4708 Hastings Pl Detached $575,000 $550,000 2215 80
18383 Anduin Terr Detached $759,900 $754,700 3351 0
706 5th St Detached $1,099,900 $1,085,000 2730 173
1300 Forest Meadows Way Detached $1,495,000 $1,144,500 3734 88
15845 Oswego Shore Ct Detached $1,875,000 $1,875,000 5500 583
17388 Cedar Rd Detached $2,395,000 $2,275,000 4276 218

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 Dec 07 – Dec 13, 2015

It is nice too see that the market for Lake Oswego is very healthy this winter. Also a proud shout-out to my Mother! Her listing at 2 Walking Woods went pending.
7 new houses hit the market this week, 17 have gone pending, and 11 beautiful Lake Oswego homes sold. What a great start to the Holidays.

Following is the breakdown for you according to RMLS for last week:

New on the Market (Dec 07 – Dec 13, 2015)

Address Type Price Bedrooms Bathrooms Sqft
4000 CARMAN DR #12 CONDO 158,500 2 2 866
228 RIDGEWAY RD CONDO 159,900 1 1 746
4386 THUNDER VISTA LN CONDO 274,900 2 2.5 1925
524 COUNTRY CLUB RD DETACHED 549,900 2 2 2168
1992 PALISADES TERRACE DR DETACHED 849,900 5 3.5 4140
MEADOWCREEK CTR DETACHED 975,000 4 4 3421
556 7TH ST DETACHED 1,239,000 5 3.5 3911

Pending Sales (Dec 07 -Dec 13, 2015)

Address Type Price Bedroom Bathrooms DOM
380 BOTTICELLI ST CONDO 167,000 2 1.5 21
200 BURNHAM RD #205 CONDO 220,000 2 2 3
3886 BOTTICELLI ST CONDO 220,000 2 1.5 30
454 5TH ST CONDO 323,000 2 1.5 28
5800 SEVILLE AVE DETACHED 399,000 3 1.5 40
14356 HOLLY SPRINGS RD DETACHED 489,000 4 2.5 60
1651 LARCH ST DETACHED 489,900 4 3 2
225 HIDALGO ST DETACHED 499,900 4 2.5 21
6150 KENNY ST DETACHED 559,000 3 2.5 137
2 WALKING WOODS DR DETACHED 599,900 4 3 85
1805 GLENMORRIE TER DETACHED 689,000 3 2.5 8
16717 SYLVAN CT DETACHED 699,999 4 3.5 176
18383 ANDUIN TER DETACHED 759,900 4 2.5 0
1330 PINE ST DETACHED 775,000 4 3.5 149
17154 LOWENBERT TER DETACHED 819,960 5 3.5 65
17620 WOODHURST PL DETACHED 1,050,000 4 4 290
990 TERRACE DR DETACHED 1,075,000 4 2.5 186

Sold/Closed  (Dec 07 -Dec 13, 2015)

Address Type List Price Close Price Sqft DOM
5225 JEAN RD #201 CONDO 224,900 205,000 1500 72
42 ORIOLE LN DETACHED 350,000 355,000 1290 8
16500 LAKE FOREST BLVD DETACHED 339,900 357,500 960 5
15213 QUARRY RD DETACHED 399,000 390,000 1761 19
3778 RIVERS EDGE DR DETACHED 769,000 660,000 3022 101
19133 MEGAN PL DETACHED 774,500 725,000 3724 115
13461 STEAMSIDE DR DETACHED 796,000 775,000 3321 70
1600 OAK ST DETACHED 900,000 865,000 4385 83
17353 RIDGEVIEW CT DETACHED 1,285,000 1,179,000 4032 198
3070 WEMBLEY PARK RD DETACHED 1,459,000 1,409,500 4032 127
1097 CHANDLER RD DETACHED 2,450,000 1,910,000 5313 410

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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Congratulations Linda and Serge!

kissI want to extend a huge, happy congratulations to Linda Rossi and Serge Ouattara. They were married yesterday surrounded by their many friends and loved ones.

I don’t remember exactly when I met Linda, but I know it has been at least 10 years. She is just the most wonderful person. She and I have shared our real estate journey, but we have also shared our personal journey. We were Realtors during the great recession, we both faced serious health issues, we both raised sons who are nearly the same age, we have seen each other stay steadfast and strong. Serge came into Linda’s life about 3 years ago (forgive me Linda if I don’t have the time lines exactly right). From the day she met Serge there was a spark of something special. Serge is a wonderful man and he has brought joy into Linda’s life. I am just thrilled for the Serge & Linda Cropped 082915two of them.

So congratulations Linda and Serge. Here’s wishing you a lifetime of friendship, love, and laughter.

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Market Activity Nov 30-Dec 6, 2015

Last week in Lake Oswego there were 9 new listings, 14 houses that went into pending status, and 17 closed sales. Yes, this is about a third of what happens in June, but it is still a very active market. I expect to see lots of closed sales in the next week or so as people make the move to their new home before the holidays.

Following is the breakdown for you according to RMLS for last week:

New on the Market (Nov 30-Dec 4, 2015)

Address Type Price BR Baths Sq Ft
4 Touchstone #150 Condo $149,900 2 2 984
5094 Galen St Detached $369,000 3 2.5 1438
51 Oriole Ln Detached $399,900 3 2 1216
14352 Sherbrook Pl Detached $445,000 3 2.5 1806
17765 Treetop Ln Detached $598,000 4 3 3046
6720 Childs Rd Detached $1,295,000 6 5.5 6914
19342 Lorna Ln Detached $1,298,800 5 3.5 4114
17337 Bergis Farm Dr Detached $1,595,000 4 4.5 4810
915 Atwater Rd Detached $1,895,000 5 4.5 4102

Pending Sales (Nov 30-Dec 1, 2015)

Address Type Price BR Baths Sq Ft CDOM
75 Galen Rd Condo $171,900 2 2 993 3
48 Eagle Crest Dr Condo $185,700 2 2 1545 37
4 Mountain Circle Condo $303,000 2 1.5 1598 23
1248 Oak St Detached $310,000 2 1 900 19
6355 Dawn St Detached $345,900 3 2 1268 18
56 Aquinas St Detached $439,000 4 3 1811 12
123 3rd St Condo $450,000 2 2 1206 22
17162 Warren Ct Detached $515,000 4 2.5 2231 3
19365 35th Ct Detached $579,500 4 2.5 2484 6
14001 Westcott Ct Detached $679,900 3 2.5 3223 213
13679 Melrose Pl Detached $699,000 4 3.5 4752 0
4150 Upper Dr Detached $1,050,000 4 3.5 3465 1
3820 Southshore Blvd Detached $1,098,888 5 4 4855 157
2912 Wembley Park Rd Detached $1,100,000-$1,300,000 4 4.5 154

Sold/Closed  (Nov 30-Dec 6, 2015)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd D105 Condo $159,900 $156,000 924 58
53 Galen Rd #53 Condo $159,900 $161,000 993 24
210 State St #4 Condo $219,900 $207,000 1284 44
6073 Harrington Ave Detached $250,000 $250,000 1050 0
4458 Thunder Vista Ln Condo $289,000 $279,000 2200 76
16524 Roosevelt Ave Detached $349,000 $349,000 1131 55
16735 Lake Forest Blvd Detached $349,900 $350,000 1996 89
15 Greenridge Ct Attached $359,000 $350,000 1996 89
18305 Fernbrook Ct Detached $399,900 $425,000 1300 2
14752 Davis Ln Attached $445,000 $447,000 1954 33
14754 Davis Ln Attached $460,000 $448,000 1925 83
4595 Hastings Pl Detached $589,000 $600,000 2176 1
4744 Cambridge Ct Attached $605,000 $605,000 2856 0
17533 Brookhurst Dr Detached $749,000 $739,000 4002 72
599 7th St Detached $800,000 $758,000 2468 46
18009 Braeden Ct Detached $849,000 $820,000 3286 64
1233 Bickner St Detached $800,000 $848,967 3150 0

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

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Market Activity Report Nov 16 – 22nd, 2015

Hope everybody had a wonderful and safe holiday! Looks like the week before turkey day was pretty busy! We had 13 pending properties, and 18 that where sold. 8 new houses have hit the market, feel free to check them out!

Following is the breakdown for you according to RMLS for last week:

New on the Market (Nov 16-22, 2015)

Address Type Price Bedrooms Bathrooms Sqft
95 OSWEGO SMY CONDO 135,000 2 1.5 1116
3804 BOTTICELLI ST CONDO 167,000 2 1.5 1143
668 MCVEY AVE #40 CONDO 175,000 1 1 626
3954 CARMAN DR CONDO 219,900 2 2.5 1132
5340 CHIN00K CT DETACHED 410,000 3 2 1862
225 HIDALGO ST DETACHED 499,999 4 2.5 2299
547 2ND ST CONDO 625,000 2 2 1529

Pending Sales (Nov 16-22, 2015)

Address Type Price Bedroom Bathrooms DOM
61 GALEN RD CONDO 110,000 1 1 3
16250 PACIFIC HWY #54 CONDO 134,900 1 1 63
668 MCVEY AVE #25 CONDO 299,900 1 1 0
4347 SILVER CT CONDO 319,000 3 2.5 26
27 AQUINAS ST DETACHED 342,000 3 2.5 142
6355 SW DAWN ST DETACHED 345,900 3 2 5
18802 REDWING WAY DETACHED 439,000 3 2 34
1371 KOAWOOD DR DETACHED 599,900 4 3 115
13485 STEAMSIDE DR DETACHED 729,900 3 3 18
1255 BICKNER ST DETACHED 850,000 4 2.5 53
18945 BRYANT RD DETACHED 987,000 5 3 24
2091 SUMMIT DR DETACHED 1,150,000 3 2.5 40
1300 FOREST MEADOWS WAY DETACHED 1,299,000 5 3.5 88

Sold/Closed  (Nov 16-22, 2015)

Address Type List Price Close Price Sqft DOM
100 KERR PKWY #36 CONDO 115,500 115,500 631 42
4000 CARMAB DR g107 CONDO 174,800 171,013 1100 3
3696 SPRING LN 3B CONDO 269,900 285,000 1117 14
12802 BOONS FERRY RD CONDO 339,000 339,000 1454 25
5336 TREE ST DETACHED 379,950 379,950 1696 21
17701 BLUE HERON WAY DETACHED 418,900 380,000 2002 205
89 KINGSGATE RD DETACHED 399,990 394,000 1713 42
5882 KENNYCROFT WAY DETACHED 409,990 409,000 1272 5
17280 WESTVIEW DR DETACHED 487,000 487,000 2324 19
16731 ALDER CIR DETACHED 555,000 550,000 2301 8
15001 TWIN FIR RD DETACHED 585,000 575,000 2664 172
16 WESTMINSTER DR DETACHED 625,000 622,000 3202 2
607 ASH ST DETACHED 659,000 629,200 2860 72
2395 PALISADES CREST DR DETACHED 649,900 640,000 3397 141
17337 CEDAR RD DETACHED 719,000 653,500 3080 29
1061 YATES ST DETACHED 839,900 825,000 2837 33
1075 CHANDLER RD DETACHED 1,975,000 1,794,421 5710 48
1845 HIIGHLANDS LOOP DETACHED 2,500,000 2,230,000 5001 138

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.