Market Activity Report Feb 27th to March 5th, 2017

Hey everyone!
This last week we saw a huge increase in activity in the Real Estate market. A lot of very impressive properties took only a few days to sell, which is great!

Hope everyone is having a great March!

Following is the breakdown for you according to RMLS:

New on Market (Feb 27 – March 5th, 2017)

Address Type Price Bedrooms Bathrooms Sqft
8 PREAKNESS CT ATTACHED 349,900 2 1.5 1602
14570 SHIREVA DR DETACHED 499,900 3 2.5 2144
1227 ASH ST DETACHED 650,000 3 2.5 2151
9 FALSTAFF ST DETACHED 675,000 4 2.5 2436
17915 RIDGE LAKE DR DETACHED 715,000 4 3.1 2958
820 BOCA RATAN DR DETACHED 795,000 4 3.5 2628
13852 SHIREVA DR DETACHED 799,000 5 3 2716
19233 INDIAN SPRINGS RD DETACHED 819,000 4 4.5 3485
5043 ROSEWOOD ST DETACHED 849,000 4 2.5 2963
4635 DOGWOOD DR DETACHED 925,000 4 3 4327
950 CEDAR ST DETACHED 993,000 4 3.5 3135
19354 LORNA LN DETACHED 1,299,000 4 3.5 4169
129 FURNACE ST CONDO 1,798,000 4 4.5 4911
1940 HIGHLANDS LOOP DETACHED 1,850,000 5 4.5 4080
115 LAKE FRONT RD DETACHED 2,088,000 4 4 4245
961 TERRACE DR DETACHED 3,200,000 5 4.5 5542
15530 DIAMOND HEAD RD DETACHED 3,398,000 5 4 6298

Pending Sales (Feb 27 – March 5th, 2017)

Address Type Price Bedroom Bathrooms DOM
45 OSWEGO SMT CONDO 99,899 1 1 45
47 EAGLE CREST DR ATTACHED 190,000 3 1.5 4
170 OSWEGO SMT CONDO 205,000 2 2 7
15479 BRIANNE CT ATTACHED 299,900 2 2.5 24
14372 SHERBROOK PL DETACHED 325,000 2 1.5 203
16821 CORTEZ CT DETACHED 375,000 3 2 5
1180 OXFORD DR DETACHED 409,900 3 3 8
5340 CHINOOK CT DETACHED 450,000 3 2 7
5000 CARMAN DR DETACHED 475,000 2 2.5 110
18400 INDIAN CREEK DR DETACHED 548,800 4 3 24
5 PREAKNESS CT DETACHED 565,000 5 2.5 2
383 ASH ST DETACHED 575,000 3 2.5 0
2565 BREE CT DETACHED 575,000 3 2.5 8
2400 PARK RD DETACHED 583,000 5 2.5 4
16510 MAPLE CIR DETACHED 585,000 4 2.5 191
4092 COLTS FOOT LN DETACHED 684,750 4 3 4
5328 LOWER DR DETACHED 795,000 4 2.5 32
115 3RD ST CONDO 799,000 4 2.5 216
17024 CANAL CIR DETACHED 850,000 3 1 645
35 TANGLEWOOD DR DETACHED 950,000 4 3.5 3
17512 GREENBLUFF DR DETACHED 1,090,000 4 4 245
671 5th ST DETACHED 1,178,000 4 2.5 161
915 CEDAR ST DETACHED 1,200,000 4 3.5 327
18042 SKYLAND CIR DETACHED 1,225,000 5 3 52
1427 HORSESHOE CURV DETACHED 1,350,000 2 2 327
4250 UPPER DR DETACHED 1,580,000 4 3.5 7

Sold/Closed (Feb 27 – March 5th, 2017)

Address Type List Price Close Price Sqft DOM
18914 LONGFELLOW AVE DETACHED 455,000 385,000 1232 89
4660 WILLOWWOOD ST DETACHED 450,000 450,000 2412 118
29 BECKET ST DETACHED 480,000 460,000 2354 124
48 AQUINAS ST DETACHED 539,000 530,000 2693 2
1775 FERNWOOD DR DETACHED 589,000 563,000 2640 60
17433 SCHALIT WAY DETACHED 589,950 582,500 2350 5
19477 35TH CT DETACHED 625,000 600,000 3276 53
6 TANGLEWOOD DR DETACHED 690,000 625,000 3108 316
1900 GREENTREE DR DETACHED 695,000 635,000 3032 164
1350 RIDGECREST DR DETACHED 1,100,000 785,000 3534 209
1 DOVER WAY DETACHED 1,100,000 895,000 3559 93
515 10th ST DETACHED 1,200,000 1,175,000 2821 165

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.

George Rogers Park

I just came in from a nice long walk along the Willamette River that inspired me to tell you about George Rogers Park.

George Rogers Park is located on South State Street where it intersects with McVey. 26 acres in size, it includes an athletic field, tennis courts, a play ground, river access, and probably most famously, the Iron Furnace. The river front has got a sandy beach and it’s a good spot to fish, put in a canoe, and just generally play in the water.

The Iron Furnace is on the National Register of History Places. Oswego’s history goes back to the day when iron ore was discovered in the hills around Sucker Lake (now Oswego Lake) and the industrialists of early Oregon thought that Lake Oswego would become the Pittsburg of the West. It actually was a very significant part of Oregon history. Prior to 1867, the iron used anywhere on the West Coast, including San Francisco, Seattle, and Los Angeles, had to be brought around the horn of South America from the East Coast. The Iron Furnace in Lake Oswego changed that. And when you see iron work on old buildings in downtown Portland, you are likely looking at iron that was smelted in Lake Oswego.

George Rogers Park carries this theme artistically through the arbors, stone work, and even the shape of the grills on the fire rings.

It’s a lovely park. It has picnic areas that are covered and can be reserved for parties and special events.

I like to park may car there and walk South across Oswego creek and onto the paved path that winds through a gorgeous waterside forest and out onto River Rd. It goes all the way into West Linn. It’s mostly flat and has very little traffic. On a nice sunny day it’s pretty busy with bikes, runners, and walkers. I
highly recommend it.

One of the strangest houses in Lake Oswego can be seen along this path. I am going to tell you the story as it was told to me, by a contractor who worked on the house when it was being built. The house sits on a concrete piling that I believe was part of either the iron ore manufacturing or perhaps the cement manufacturing that happened slightly North of the spot in about the 1950’s. Somehow the piling was aquired by a private party who decided to build a house on it. The house was about 75% built when the owner ran out of money and it was abandoned. To my knowledge it has never been lived in. The glass windows and bridge access that I remember from when I first saw it are long gone. Now it almost looks haunted. I’m sure many walkers wonder what they are looking at when they see it today. So now you know.

We may not yet be having hot sunny days, but we are having beautiful winter-almost-spring-days like the one that we have had today. Get out and enjoy it!
Dianne

Market Activity Feb 20-26, 2017

Last week in Lake Oswego we had 12 new listings come onto the market, 22 properties receiving offers and go into pending status, and 8 houses that became sold/closed transactions. I know I am watching these numbers and waiting for them to kick into spring time gear. It still feels a bit slow, but I don’t expect that to last for long. Time will tell…..

Following is the breakdown for you according to RMLS:

New on Market (Feb 20-26, 2017)

Address Type Price BR Baths Sq Ft
318 Cervantes Circle Condo $189,900 2 1 832
201 Cervantes Condo $229,000 2 1.5 1216
1180 Oxford Dr Detached $409,900 3 3 1760
16393 Kimball St Detached $475,000 3 2 1522
2388 Overlook Dr Detached $650,000 4 3 2765
5522 Royal Oaks Dr Detached $715,000 4 2.5 2770
4036 Melissa Dr Detached $789,000 4 3.5 3118
2481 Marylshire Ln Detached $799,000 4 3.5 4154
17656 Kelok Rd Detached $1,238,000 3 3.5 3290
17626 Kelok Rd Detached $1,324,000 4 3.5 3909
4250 Upper Dr Detached $1,580,000 4 3.5 4337
16865 Greenbrier Rd Detached $2,595,000 5 5 6104

Pending Sales (Feb 20-26, 2017)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd F-206 Condo $164,900 2 2 840 1
24 Oswego Summit Condo $199,000 2 2 1140 5
44 Eagle Crest Dr #28 Condo $209,950 3 2 1085 39
18225 SW 65th Ave Detached $225,500 3 1.5 1701 33
4 Touchstone #102 Condo $237,500 4 2 1488 129
550 S State St Condo $239,900 2 1 920 19
5228 Bonita Rd Detached $330,000 4 2.5 1800 26
15256 Boones Way Attached $424,500 2 2.5 1618 57
18455 Terry Detached $449,000 3 2 2257 8
19064 Benfield Ave Detached $465,000 4 2 1928 5
5750 Washington Ct Detached $539,900 3 2.5 2238 140
900 Devon Ln Detached $595,000 4 3 2234 8
14 Northview Ct Attached $638,500 4 3.5 3279 19
19080 Indian Springs Circle Detached $685,000 4 2 2406 7
2060 Ridge Pointe Dr Detached $740,000 5 2.5 4120 157
2022 Ridegewood Rd Detached $899,000 4 4 4072 41
776 Carrera Ln Detached $1,000,000 4 3 3449 4
15112 Quarry Rd Detached $1,099,000 5 3.5 3285 25
653 A Ave Detached $1,195,000 3 2.5 2628 146
4262 Upper Dr Detached $1,470,000 4 3.5 3982 0
18008 Greenbluff Dr Detached $1,750,000 3 3.5 4402 318
12384 Clara Ln Detached $2,000,000 4 2.5 2007 100

Sold/Closed (Feb 20-26, 2017)

Address Type List Price Sold Price Sq Ft CDOM
200 Burnham Rd #404 Condo $249,000 $218,500 1325 95
220 Ridgeway Rd Condo $259,900 $285,000 914 4
16758 Mellon Ave Detached $659,900 $665,000 2,622 7
4726 Upper Dr Res-Mfg $923,000 $781,000 2250 156
2107 Goodall Ct Detached $850,000 $860,000 3029 3
670 1st St Condo $900,000 $900,000 2767 156
1122 Bayberry Rd Detached $1,299,900 $1,299,900 3259 135
1210 Chandler Rd Detached $2,799,000 $2,550,000 7668 326

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

Market Activity Jan 30-Feb 5, 2017

Last week in Lake Oswego there were 11 new listings, 23 properties that moved to pending status, and 13 properties that sold/closed.

Following is the breakdown for you according to RMLS:

New on Market (Jan 30-Feb 5, 2017)

Address Type Price BR Baths Sq Ft
168 Oswego Summit Condo $199,900 2 2 1383
550 State St Condo $245,900 2 1 920
4750 Upper Dr Detached $550,000 4 3 3091
17433 Schalit Way Detached $589,950 4 2.5 2350
15 Northview Ct Attached $638,500 4 3.5 3279
3333 Royce Way Detached $749,000 3 2.5 2697
819 Boca Ratan Dr Detached $814,000 4 3 2762
2050 Childs Rd Detached $1,200,000 4 4 4814
4394 Lords Ln Detached $1,350,000 4 3.5 3748
16586 Phantom Bluff Ct Detached $1,350,000 3 2.5 2523
18000 Eastridge Ln Detached $1,750,000 4 4.5 5610

Pending Sales (Jan 30-Feb 5, 2017)

Address Type Price BR Baths Sq Ft CDOM
4625 Lakeview Blvd Condo $129,000 1 1 753 8
24 Crestfield Ct Condo $149,900 1 1 689 19
169 Oswego Summit Condo $189,900 2 2 1383 289
326 Cervantes Circle 13-E Condo $189,900 2 1 832 10
200 Burnham Rd #404 Condo $234,000 2 2 1325 95
183 Oswego Summit Condo $247,000 2 2 1506 105
220 Ridgeway Rd Condo $259,900 2 1 914 4
19377 Sycamore Ave Detached $355,000 3 1 1008 3
200 Burnham Rd#210 Condo $369,900 3 2 1966 979
19061 Redwing Ct Detached $489,900 3 2 1611 20
4950 Centerwood St Detached $489,900 3 2 1871 201
5725 Windfield Loop Detached $538,000 3 2 1615 12
32 Da Vinci St Detached $619,000 5 3 3460 217
19477 35th Ct Detached $625,000 3 2 3276 53
13448 Auburn Ct Attached $649,900 3 2.5 2535 1
13483 Snowberry Ct Detached $765,000 4 2.5 3308 277
15853 Alston Way Detached $780,000 3 2.5 2689 518
1350 Ridgecrest Dr Detached $799,000 4 3.5 3534 209
205 5th St Detached $799,000 4 3 2556 77
849 F Ave Detached $1,124,900 3 2.5 2674 101
142 Cornell Ct Detached $1,195,000 3 3 2918 173
515 10th St Detached $1,199,000 4 2.5 2821 165
1622 Leslie Ln Detached $1,695,000 5 3.5+.5 5827 0

Sold/Closed (Jan 30-Feb 5, 2017)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Pkwy #42 Condo $129,990 $126,500 822 4
3946 Carman Dr Condo $245,000 $245,000 1,129 0
5717 Bonita Rd Detached $478,000 $450,000 2,572 176
6244 Frost Ln Detached $500,000 $465,000 2304 164
937 F Ave Detached $575,000 $480,000 1382 4
4978 Suntree Ln Detached $535,000 $545,000 2348 1
18531 Waxwing Way Detached $565,000 $552,500 1920 53
4801 Heritage Ln Detached $627,500 $589,000 2205 113
2399 Palisades Crest Dr Detached $695,000 $655,000 4452 97
17920 Meadowlark Ln Detached $675,000 $675,000 2716 33
4079 Coltsfoot Ln Detached $759,900 $685,000 3308 528
5343 Greystoke Dr Detached $816,000 $866,840 3125 136
1790 Skyland Dr Detached $1,295,000 $1,275,000 5684 4

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

Market Activity Report Jan 16th – 22nd, 2017

Hello all! I hope your 2017 has been off to a wonderful start!
Lake Oswego’s real estate market has been pretty ritzy, in a manner of speaking. So many big fancy houses have sold this last week! What elegant homes, each and every one of them. This is the kind of start to a new year that I like seeing!
With that said we should be seeing real estate activity pick up, and jump into the spring market. I’m pretty excited to see what homes go up for sale this year.
Keep it classy LO!

Following is the breakdown for you according to RMLS:

New on the Market (Jan 16-22, 2017)

Address Type Price Bedrooms Bathrooms Sqft
44 EAGLE CREST DR #28 CONDO 219,950 3 2 1085
18225 SW 65th AVE DETACHED 225,500 3 1.5 1701
17 SUMMIT RIDGE CT ATTACHED 349,900 2 2.5 1558
23 MOUNTAIN CIR DETACHED 395,000 2 2 1360
16695 GLENWOOD CT DETACHED 715,000 4 3 3060
951 WESTPOINT RD DETACHED 3,865,000 6 4 4144
4140 CANAL RD DETACHED 3,999,000 8 7.5 11956

Pending Sales (Jan 16-22, 2017)

Address Type Price Bedroom Bathrooms DOM
86 KINGSGATE RD CONDO 162,900 2 2 2
3680 SPRING LN CONDO 269,900 2 2.5 8
4351 WOODSIDE CIR CONDO 385,500 3 2 36
5916 KENNY ST DETACHED 399,900 3 1 116
18914 LONGFELLOW AVE DETACHED 400,000 3 1.5 89
16758 MELLON AVE DETACHED 659,900 4 2.5 7
674 1ST ST CONDO 699,000 2 2.5 145

Sold/Closed (Jan 16-22, 2017)

Address Type List Price Close Price Sqft DOM
121 LEONARD ST CONDO 300,000 295,000 1136 4
1368 BOCA RATAN DR ATTACHED 325,000 325,000 1611 60
4386 THUNDER VISTA LN ATTACHED 359,000 359,000 1903 13
15 TOUCH STONE DETACHED 495,000 485,000 2276 23
1669 OAK ST DETACHED 589,000 540,000 2649 48
2886 UPPER DR DETACHED 849,000 540,750 2498 214
213 HIDALGO ST DETACHED 550,000 570,000 3964 0
12504 SHELBY CT DETACHED 625,000 635,000 2860 22
50 HILLSHIRE DR DETACHED 645,000 645,000 3188 12
17084 CHAPIN WAY DETACHED 1,225,000 1,200,000 4028 10
19331 LORNA LN DETACHED 1,335,000 1,280,000 5070 100
13648 GOODALL RD DETACHED 1,795,000 1,695,000 5288 56
1976 HIGHLANDS LOOP DETACHED 1,795,000 1,750,000 4597 460
315 BERWICK RD DETACHED 2,295,000 2,200,000 4860 155
15508 DIAMOND HEAD RD DETACHED 2,850,000 2,450,000 3900 185

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.

151 Oswego Summit Open Today!

034I am excited to introduce you to my new listing in Oswego Summit. I’ll be holding it open today from noon to 3pm.

Oswego Summit is at the very top of Mountain Park. It is a large condominium complex with many amenities including an indoor swimming pool, and outdoor swimming pool, a exercise room, and a meeting room for parties and larger gatherings.

005This condo is one of the larger in the complex with 1506 square feet. There are 2 large bedrooms and 2 full baths. The living room has a gorgeous fireplace and crown moldings. There is a utility room and a pantry off of the kitchen, and the square footage does not include a 24′ long sun room with Southern exposure. There is a single car, detached garage as well as a storage closet.

007Because it is located in Mountain Park, it is also part of the Mountain Park Home Owner’s Association. The features of this association include one of the metro area’s nicest pools that has an area designed for lap swimming as well as an area for kids and families with a huge slide and water play area. There is a basketball court and more exercise facilities. Along with the rec center, there are 15 miles of walking paths. This condominium affords not just a home, but a lifestyle.

14305243-14-sThe asking price is $199,900, a true value in Lake Oswego.

Please come by and say hello. I’d love to meet you!
Dianne

Market Activity Jan 9-15, 2017

Having had 12″ snow fall that turned to ice and stayed on the ground for a week, last week was a bit slow. I’m looking forward to seeing the up tick in next week’s report now that we have thawed out. Our numbers last week were 9 new listings, 13 pending sales, and 4 sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 9-15, 2017)

Address Type Price BR Baths Sq Ft
45 Oswego Summit Condo $109,899 1 1 764
151 Oswego Summit Condo $199,900 2 2 1506
3680 Spring Ln #2B Condo $269,900 3 2.5 1152
19061 Redwing Ct Detached $499,900 3 2 1611
17821 Sundown Ct Detached $599,000 4 2.5 3368
16758 Mellon Ave Detached $659,900 4 2.5 2622
13825 Melrose Pl Detached $924,000 5 4.5 4490
2022 Ridgewood Rd Detached $949,000 4 4 4072
18042 Skyland Circle Detached $1,225,000 5 3 4856

Pending Sales (Jan 9-15, 2017)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #42 Condo $129,990 2 1.5 822 4
86 Kingsgate Rd D104 Condo $164,900 2 2 924 13
4 Touchstone #87 Condo $175,000 2 2 984 23
5057 Foothills Dr C Condo $309,900 3 2 1252 25
4724 Firwood Rd Detached $405,000 3 1.5 1240 29
18220 Indian Creek Dr Detached $479,000 4 2 1736 62
18531 Waxwing Way Detached $550,000 4 3 1920 53
1838 Oak Knoll Ct Detached $595,000 4 2.5 2557 102
32 Da Vinci St Detached $619,000 5 3 3460 193
1900 Greentree Rd Detached $629,900 4 3 3032 164
4079 Coltsfoot Ln Detached $699,900 4 4 3308 528
1 Dover Way Detached $895,000 4 3 3559 93
17833 Marylcreek Dr Detached $960,000 5 4.5 5495 136

Sold/Closed (Jan 9-15, 2017)

Address Type List Price Sold Price Sq Ft CDOM
5050 Lower Dr Detached $299,900 $287,500 1375 86
37 Touchstone Detached $445,000 $430,000 2,573 7
19235 Redwing Ct Detached $485,000 $470,000 2,084 130
16 Becket St Detached $625,000 $589,000 3203 126

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

Market Activity Report for Dec 26, 2016 – Jan 01, 2017

Happy New Year! And welcome 2017.
I hope you all have had wonderful holidays, but now that the festivities are over it is time to get back into the old grind. It is so difficult to get back to work after taking some time off for holidays, that’s for sure!

The market did slow down quite a bit, however I am willing to bet that in the coming weeks we’ll see activity pick up. Sure it can be cold out, and there are still people willing to look at houses in the snow, but at soon as it starts to warm up a bit we’ll see a lot of interest.

For now, the report is pretty small to cover our last week of the holidays.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 26, 2016 – Jan 01, 2017)

Address Type Price Bedrooms Bathrooms Sqft
86 KINGSGATE RD D104 CONDO 165,900 2 2 924
15256 BOONES WAY ATTACHED 424,500 2 2.5 1618
5844 BAY POINT DR DETACHED 824,900 3 2.5 3350
148 5TH ST DETACHED 1,625,000 4 3.5 3540

PENDING SALES (Dec 26, 2016 – Jan 01, 2017)

Address Type Price Bedroom Bathrooms DOM
47 EAGLE CREST DR CONDO 174,900 2 1 6
1694 BOONIEBRAE DR CONDO 275,000 2 1 19
37 TOUCH STONE DETACHED 445,000 4 3 7
6244 FROST LN DETACHED 480,000 4 3.5 164
18402 ANDUIN TER DETACHED 899,995 4 3.5 93

SOLD (Dec 26, 2016 – Jan 01, 2017)

Address Type List Price Close Price Sqft DOM
18630 WOOD DUCK ST DETACHED 385,000 406,000 1808 1
4400 COBB WAY DETACHED 565,000 577,240 1676 7
5530 DUNMIRE DR DETACHED 715,000 645,000 3040 187
4279 ALBERT CIR DETACHED 685,000 650,000 2768 125
4 GARIBALDI ST DETACHED 650,000 670,500 2430 7
6457 MCDUFF CT DETACHED 733,500 725,000 3193 10
2325 OAKHURST LN DETACHED 759,900 745,000 3627 153
13730 CAMEO CT DETACHED 1,175,000 1,162,000 3726 29
548 RIDGEWAY RD DETACHED 1,560,000 1,395,000 2830 455

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

Market Activity Dec 19-25, 2016

As you can imagine, we are in the midst of the slow market for real estate, and yet I find it interesting that the activity remains consistent with last week’s numbers being very similar to the week prior. I suspect this week will be similar as well. Then we will see the build up begin with inventory building and buyer’s buying. The first couple of weeks of January are likely to still be a bit slower as everyone gets back to their routines, but by mid January, and certainly by February, it will really take off. This is a good time to buy a home for two reasons: less competition so less likelihood of bidding wars, and low interest rates.

Last week in Lake Oswego we had 4 new listings, 11 properties go to pending status, and 12 closed sales.

Following is the breakdown for you according to RMLS:

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

Address Type Price BR Baths Sq Ft
4 Touchstone #87 Condo $175,000 2 2 984
37 Touchstone Detached $445,000 4 3 2573
2155 Ridgewood Rd Detached $799,000 4 3 3454
505 Iron Mountain Blvd Detached $1,595,000 5 4 3015

Pending Sales (Dec 19-25, 2016)

Address Type Price BR Baths Sq Ft CDOM
1368 Boca Ratan Dr Attached $325,000 3 2 1611 60
4724 Firwood Rd Detached $405,000 3 1.5 1240 4
5717 Bonita Rd Detached $459,000 5 2 2572 176
4739 Rembrandt Ln Detached $485,000 3 2.5 1954 22
655 2nd St Attached $499,000 2 2 1457 32
1225 Cornell St Detached $514,999 3 2 1395 7
4920 Centerwood St Detached $557,500 3 2.5 2072 175
17920 Meadowlark Ln Detached $675,000 4 2.5 2716 33
429 6th St Detached $1,049,000 4 2.5 3205 48
1976 Highlands Loop Detached $1,795,000 4 3.5 4597 460
15508 Diamond Head Rd Detached $2,850,000 3 4 3900 185

Sold/Closed (Dec 19-25, 2016)

Address Type List Price Sold Price Sq Ft CDOM
131 Oswego Summit Condo $200,000 $190,000 1212 57
94 Greenridge Ct Attached $364,900 $364,900 1,752 57
17311 Mandi Ln Detached $379,000 $379,000 1,935 115
580 2nd St Attached $459,000 $452,000 1464 72
14798 Davis Ln Attached $479,900 $460,000 1698 61
550 2nd St Condo $500,000 $482,000 1540 13
1709 Meadows Dr Detached $497,000 $505,000 2288 15
1501 Woodland Terr Detached $649,900 $649,900 3,992 30
17700 Leafy Ln Detached $779,500 $750,000 3666 76
15501 Diamond Head Rd Detached $995,000 $930,000 2353 187
1666 Lake Front Rd Detached $1,279,000 $1,225,000 3183 27
1415 Skyland Dr Detached $1,450,000 $1,250,000 3859 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.

Market Activity Report Dec 5 – 11th, 2016

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

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

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

Following is the breakdown for you according to RMLS:

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

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

Pending Sales (Dec 5 – 11th, 2016)

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

Sold/Closed (Dec 5 – 11th, 2016)

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

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