Market Activity June 6-12, 2016

A slight slow down appears to have developed. I am often asked when our most active real estate market happens and it has held true for many years that it is May and June. For the last two years I think it has shifted to April and May. This does not mean that our market is now slow, not at all. It will remain strong and active through the summer with lots of houses coming on the market and lots of houses selling. I just think that we Oregonians do live in anticipation of our sunny season and are motivated to make a house move and then have the summer to play.

Last week Lake Oswego saw 22 new listings, 17 houses go into pending status, and 14 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (June 6-12, 2016)

Address Type Price BR Baths Sq Ft
20 Crestfield Ct Condo $175,000 2 1.5 923
309 Cervantes Cir Condo $229,900 2 2 1209
1400 Bonniebrae Dr Condo $259,000 2 1 864
12 El Greco St Detached $399,900 3 2 1533
14854 Twin Fir Rd Detached $415,000 3 2 1287
5055 Dawn St Detached $450,000 4 2.5 2699
18927 Indian Creek Ave Detached $475,000 3 2 2394
1454 S Glenmorrie Detached $550,000 4 2.5 3372
16921 Kara Ln Detached $569,000 3 2.5 2382
320 Durham St #2 Condo $569,500 3 2.5 1876
775 Boca Ratan Dr Detached $569,900 4 3.5 2727
14102 Kimberly Cir Detached $799,900 4 3.5 3103
2886 Upper DR Detached $849,000 4 3 2498
4550 Dogwood Dr Detached $899,000 3 3 3074
15468 Boones Way Attached $899,900 4 2.5 2425
2801 Lakeview Blvd Detached $949,000 3 4 3051
610 Atwater Rd Detached $995,000 3 2.5 2969
1300 Andrews Rd Detached $1,290,000 5 3 4810
1626 Englewood DR Detached $1,450,000 4 2.5+.5 5690
13705 Knaus Rd Detached $1,995,000 4 3.5 5251
13600 Goodall Rd Detached $2,295,000 6 6.5 6612
12901 Goodall Rd Detached $2,395,000 4 4.5 5333

Pending Sales (June 6-12, 2016)

Address Type Price BR Baths Sq Ft CDOM
18225 SW 65th Ave Detached $225,500 3 1.5 1701 7
2 St Helens Cir Detached $374,000 3 2 1464 6
15465 SW Tanager Dr Detached $445,000 2 2 1535 2
17534 Cardinal Dr Detached $479,900 4 3 2300 5
17763 Mardee Ave Detached $519,000 5 3 2300 3
1730 Yarmouth Cir Detached $519,000 2 2 1770 15
4571 Oakridge Rd Attached $560,000 3 2.5 2092 4
1161 Upper Devon Ln Detached $574,995 4 2.5 2265 28
1641 Ash St Detached $575,000 4 3 2764 5
4252 Albert Cir Detached $625,000 4 2.5 2964 28
17935 Lake Haven Dr Detached $635,000 5 3.5 3500 39
17821 Hillside Way Detached $699,900 4 3.5 3480 2
2331 Dellwood Dr Detached $715,000 3 3 2746 4
17981 Meadowlark Ln Detached $825,000 3 2.5 3250 4
4069 Pfeifer Ct Detached $898,000 5 3.5 4332 71
784 3rd St Detached $1,249,000 5 5 4138 72
1644 Lake Front Rd Detached $1,249,000 4 4 3866 119

Sold/Closed (June 6-12, 2016)

Address Type List Price Sold Price Sq Ft CDOM
4 Touchstone Condo $159,900 $162,500 984 2
668 McVey Ave #42 Condo $260,000 $247,000 836 120
1454 Glenmorrie Dr Detached $400,000 $360,000 3,372 237
2280 Fernwood Cir Detached $449,950 $510,000 2129 6
3312 Sabina Ct Detached $549,900 $536,500 1665 39
16525 Glenwood Ct Detached $559,900 $626,150 2166 2
839 E Ave Detached $649,000 $637,000 1722 5
17018 Summer Pl Detached $699,900 $69,000 2,925 8
14435 Uplands Dr Detached $965,000 $908,890 4822 126
1224 Tyndall Ct Detached $1,039,000 $1,039,000 4157 1
642 Iron Mountain Blvd Detached $1,295,000 $1,072,500 4575 369
588 9th St Detached $1,200,000 $1,180,000 3536 3
13237 Knaus Rd Detached $1,995,000 $1,965,000 4900 44
17849 Upper Cherry Ln Detached $2,898,000 $2,800,000 8731 10

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 May 23rd to May 29th, 2016

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

Following is the breakdown for you according to RMLS:

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

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

Pending Sales (May 23-29, 2016)

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

Sold/Closed (May 23-29, 2016)

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

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

Market Activity May 16-22, 2016

What a wonderful time of year! Houses really shine in the late spring with yards in their full, lush glory and the days growing longer and warmer. All of this corresponds with the busiest season of the real estate year. Last week in LO was really balanced between homes coming onto the market and homes selling. We had 20 new listings, 22 houses go in to pending status, and 17 closed/sold homes. I also want to restate what Linda said last week. Please notice that every price point is covered here: less expensive and more affordable homes right up to million dollar estates. LO has it all!
Following is the breakdown for you according to RMLS:

New on the Market (May 16-22, 2016)

Address Type Price BR Baths Sq Ft
74 Galen St Condo $159,000 2 2 995
31 Oswego Summit Condo $174,000 1 1 721
668 McVey Ave #50 Condo $380,000 1 1 636
4300 Silver Ct Condo $399,900 3 3.5 2246
1248 Ash St Detached $425,000 2 1 1631
5895 Burma Rd Detached $459,900 4 2.5 1781
13278 Vermeer Dr Detached $469,900 3 2.5 1856
4199 Fruitwood Ct Detached $525,000 3 2 2230
32 Spinosa Detached $549,500 4 3.5 2542
14466 Holly Springs Rd Detached $550,000 5 3 2238
4188 Cobb Way Detached $575,000 6 3 2577
17 Laurel St Detached $625,000 3 1.5 3096
24 Northview Ct Attached $630,000 3 3.5 2938
17658 Brookhurst Dr Detached $750,000 3 3 4226
1287 Bickner St Detached $825,000 4 3.5 2665
12716 Elk Rock Rd Detached $995,000 3 2.5 4015
2125 Ridge Pointe Dr Detached $995,000 3 3.5 3489
15501 Diamond Head Rd Detached $1,095,000 3 3 2353
17900 Sarah Hill Ln Detached $1,390,000 4 3 4186
1617 Lake Front Rd Detached $3,250,000 4 4.5 4610

Pending Sales (May 16-22, 2016)

Address Type Price BR Baths Sq Ft CDOM
47 Eagle Crest Dr #17 Condo $129,900 2 1 932 6
48 Eagle Crest Dr 3E Condo $157,900 2 2 1545 201
86 Kingsgate Rd B103 Condo $158,900 2 2 924 3
44 Eagle Crest Dr Condo $159,900 2 1 908 20
241 Cervantes Condo $264,900 2 2 1384 0
11 Britten Ct Attached $296,500 2 2 1318 3
90 Greenridge Ct Attached $358,000 3 2.5 1980 54
5835 Carman Dr Detached $399,900 3 2.5 1340 29
17614 Schalit Way Detached $425,000 3 2 1569 1
67 Condolea Terr Condo $437,900 3 3 2373 5
26 Northview Ct Attached $525,000 2 3 2095 15
18978 Indian Springs Rd Detached $529,900 4 3 2860 6
1430 Woodland Terr Detached $579,000 5 3 2904 8
1400 Horseshoe Curve Detached $679,000 3 2.5 2248 6
2331 Prestwick Rd Detached $825,000 5 3 2613 0
1920 Glenmorrie Dr Detached $849,000 3 3.5 4370 18
4688 Chelsea Ln Detached $889,900 4 2.5 3549 34
4120 Canal Rd Detached $950,000 4 3.5 4104 221
1692 Village Park Ln Detached $975,000 4 3.5 3581 12
301 Iron Mountain Blvd Detached $1,095,000 4 3.5+.5 2946 16
12812 Alto Park Rd Detached $1,314,000 4 3.5 4040 14
711 7th St Detached $1,549,000 3 2.5+.5 3097 2

Sold/Closed (May 16-22, 2016)

Address Type List Price Sold Price Sq Ft CDOM
47 Eagle Crest Dr #11 Condo $159,900 $148,000 932 12
4 Touchstone #82 Condo $170,000 $170,000 135 0
57 Oswego Summit Condo $164,000 $180,000 764 2
16681 Lake Forest Blvd Detached $300,000 $306,000 936 3
5 Summit Ridge Ct Attached $379,900 $385,000 1576 8
4725 Jean Rd Detached $385,700 $388,200 1433 65
1820 Southshore Blvd Detached $450,000 $440,000 22373 0
6330 Shakespeare St Detached $479,900 $460,000 1,792 31
5674 La Mesa Ct Detached $548,950 $540,000 1802 24
676 9th St Detached $549,900 $560,000 1888 1
4779 Heritage Ln Detached $585,000 $592,000 2121 2
5887 Langford Ln Detached $629,950 $630,000 2724 8
3472 Tempest Dr Detached $675,000 $659,000 3146 28
1145 Timberline Dr Detached $1,065,000 $875,000 4564 213
16461 Chapin Way Detached $875,000 $900,000 4012 6
2543 Palisades Crest Dr Detached $1,150,000 $1,075,000 4141 32
17509 Ridgeview Ln Detached $1,250,000 $1,200,000 3810 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.

Market Activity Report April 25th – April 8th, 2016

Hey all!
Looks like I missed out on posting the market analysis report for April 25th through to May 1st. So to make up for it I am doing a full market report from the 25th to the 8th. Should be a big chunk of info!
Actually while I was doing this I noticed that a lot of condos had gone pending and have been sold. Looks like condos are pretty hot on the market!

Spring has so far been very busy, and I honestly can’t believe it is May already. Time is going by so fast!

Hope you all had a wonderful cinco de mayo!

Following is the breakdown for you according to RMLS:

New on Market (Apr 25- May 08, 2016)

Address Type Price Bedrooms Bathrooms Sqft
65 GALEN ST CONDO 135,000 1 1 689
30 CERVANTES CIR CONDO 159,000 2 1.5 1112
10 SAINT HELENS CIR DETACHED 300,000 3 2 1410
26 PEAKNESS CT ATTACHED 375,000 2 1.1 1,464
3488 DEVONSHIRE DR ATTACHED 399,900 2 2 1647
17335 ASHLEY CT ATTACHED 475,000 4 3 2161
300 LAKE BAY CT DETACHED 475,000 2 1 1480
580 2ND ST CONDO 479,000 2 1.5 1464
13449 VERMEER DR DETACHED 495,000 3 2.5 1877
6094 FROST LN DETACHED 519,900 4 2.5 2040
26 NORTHVIEW CT ATTACHED 525,000 2 3 2095
28 AQUINAS ST DETACHED 529,000 3 2 1960
17436 WREN CT DETACHED 529,000 4 3 2278
4231 SUNSET DR DETACHED 599,000 4 2 2272
20 MONTICELLO DR DETACHED 599,900 3 3.5 3848
17935 LAKE HAVEN DR DETACHED 647,500 5 3.5 3500
2601 LOOKOUT CT DETACHED 650,000 3 2.5 2400
17901 STAFFORD RD DETACHED 699,000 3 2 2184
3540 UPPER DR DETACHED 729,900 4 2.5 2716
18411 TAMAWAY DR DETACHED 739,000 4 2.5 2576
1705 LEE ST DETACHED 749,000 4 3.5 3036
1510 CHERRY CREST DR DETACHED 759,900 6 4 3786
13596 STREAMSIDE DR DETACHED 788,000 4 2.5 3430
13483 SNOWBERRY CT DETACHED 799,000 3 2.5 3308
3909 BASS LN DETACHED 849,000 5 3.5 3876
1920 GLENMORRIE DR DETACHED 849,000 3 3.5 4370
1623 GLENMORRIE DR DETACHED 850,000 4 4.5 5677
727 LAUREL ST DETACHED 850,000 3 3.5 2924
4667 SHEPHERDS LN DETACHED 869,900 4 3 2999
2110 GREENTREE RD DETACHED 899,000 4 3.5 2908
4378 ALBERT CIR DETACHED 939,000 5 3 3734
14261 UPLANDS DR DETACHED 989,000 5 4 3843
454 9TH ST DETACHED 1,225,000 3 4 3278
14112 HEATHROW LN DETACHED 1,295,000 5 3.5 4828
12812 ALTO PARK RD DETACHED 1,314,000 4 3.5 4040
2707 SOUTHSHORE BLVD DETACHED 1,449,000 3 3.5 3122
1820 NORTHSHORE RD DETACHED 1,795,000 3 2.5 2808
16 DOVER WAY DETACHED 1,998,000 5 5.5 8147
1115 LAKE FRONT RD DETACHED 2,395,000 4 4 3900
13959 FOSBERG RD DETACHED 2,500,000 4 5.5 5075
420 RIDGEWAY RD DETACHED 2,995,000 4 4 3503
1300 FAIRWAY RD DETACHED 3,490,000 4 3.5 8428

Pending Sales (Apr 25- May 08, 2016)

Address Type Price Bedroom Bathrooms DOM
100 KERR PKWY #53 CONDO 110,000 1 1 16
86 KINGSGAGE RD C201 CONDO 149,900 2 2 3
77 GALEN RD CONDO 164,900 2 2 41
167 OSWEGO SUMMIT CONDO 180,000 2 2 27
342 CERVANTES CIR CONDO 185,000 2 1.5 5
44 EAGLE CREST DR #28 CONDO 199,000 3 2 47
154 RIDGEWAY RD CONDO 275,000 3 1.5 4
48 EAGLE CREST DR 5B CONDO 277,500 3 2 5
45 EAGLE CREST DR #509 CONDO 285,000 2 2 264
4422 THUNDER VISTA LN CONDO 288,500 2 2.5 8
4465 GOLDEN LN CONDO 299,500 2 2.5 3
456 5th ST CONDO 336,900 2 1.5 5
4322 SILVER CT CONDO 339,900 3 3.5 13
3525 UPPER DR DETACHED 350,000 2 1 2
4131 OLD GATE RD DETACHED 369,950 4 2 36
5 SUMMIT RIDGE CT ATTACHED 379,900 2 2.5 8
12 SUMMIT RIDGE CT ATTACHED 389,900 2 2.5 4
16510 MAPLE CIR DETACHED 399,000 1 1 7
18820 65th AVE DETACHED 420,000 3 2.5 3
2545 ORCHARD HILL LN DETACHED 435,000 3 2 5
19060 INDIAN SPRINGS CIR DETACHED 439,000 3 2 2
2280 FERNWOOD CIR DETACHED 449,950 3 2 6
15 MASARYK ST DETACHED 499,950 4 3 41
13005 PRINCETON CT DETACHED 529,900 3 2.5 3
18715 INDIAN CREEK DR DETACHED 539,000 3 2 25
5 PARTRIDGE LN DETACHED 559,000 3 2.5 5
16545 INVERURIE RD DETACHED 569,000 4 3 3
19201 REDWING CT DETACHED 599,900 4 3 109
4729 LAKEVIEW BLVD DETACHED 625,000 3 2.5 4
51 HILLSHIRE DR DETACHED 650,000 3 2.5 87
1805 GLENMORRIE TER DETACHED 689,000 3 2.5 150
14540 UPLANDS DR DETACHED 699,999 3 2.5 52
1121 LAUREL ST DETACHED 719,900 3 2.5 4
13978 WESTCOTT CT DETACHED 735,000 3 3 14
4137 ORCHARD WAY DETACHED 750,000 5 2.5 28
17519 BROOKHURST DR DETACHED 789,900 4 4 74
18153 WESTMINSTER DR DETACHED 789,900 4 2.5 54
1471 WOODLAND TER DETACHED 819,000 5 4.5 58
16633 WOODSMAN CT DETACHED 849,900 4 4 239
39 HILLSHIRE DR DETACHED 894,500 4 4.5 7
645 COUNTRY CLUB RD DETACHED 899,000 4 2.5 5
14435 UPLANDS DR DETACHED 965,000 4 3.5 2
4745 LAMONT WAY DETACHED 975,000 4 3 42
18320 RIVER EDGE LN DETACHED 1,020,000 4 4 385
6720 CHILDS RD DETACHED 1,295,000 6 5.5 147
3914 EDENS EDGE DR DETACHED 1,425,000 5 5.5 7

Sold/Closed(Apr 25- May 08, 2016)

Address Type List Price Close Price Sqft DOM
84 OSWEGO SMT CONDO 199,000 129,050 764 12
86 KINGSGATE RD CONDO 145,000 147,000 849 14
36 OSWEGO SMT CONDO 175,000 170,000 1140 3
47 GREENRIDGE CT ATTACHED 229,900 22,500 1176 102
16250 PACIFIC HWY CONDO 249,000 265,000 1305 5
5100 UPPER DR DETACHED 349,900 324,000 956 83
11 SUMMIT RIDGE CT ATTACHED 349,900 342,500 1576 42
5998 SHAKESPEAR ST DETACHED 362,900 370,000 1227 13
2 EAGLE CREST DR DETACHED 395,000 385,000 1830 5
2500 GREENTREE RD DETACHED 399,900 438,500 1502 4
826 CORNELL ST DETACHED 447,500 443,660 1184 14
3365 UPPER DR DETACHED 399,900 450,000 1378 4
1244 HALLINAN CIR DETACHED 499,500 460,000 2485 50
1304 LAUREL ST DETACHED 417,500 463,300 1540 6
1531 WOODLAND TER DETACHED 448,000 476,000 1986 4
668 MCVEY AVE CONDO 445,000 495,000 992 2
16969 ALDER CIR DETACHED 569,000 510,000 1534 61
17755 HILL WAY DETACHED 475,000 521,000 1907 4
44 DA VINCI ST DETACHED 519,000 546,000 2005 4
17510 CARDINAL DR DETACHED 599,500 570,000 2550 36
16773 ALDER CIR DETACHED 485,000 575,000 2590 3
16017 OAKRIDGE CT DETACHED 569,000 580,000 1971 3
919 CUMBERLAND RD DETACHED 605,000 605,000 2828 25
17455 BROOKHURST DR DETACHED 648,950 648,000 2884 36
17126 HOFER CT DETACHED 668,000 660,000 2637 38
18000 CARDINAL DR DETACHED 674,900 660,000 2750 50
0 SW CARMAN DR DETACHED 699,000 699,000 2751 213
5336 LOWER DR DETACHED 699,000 720,062 2526 61
18056 SW WESTMINSTER DR DETACHED 744,000 744,000 2914 2
17343 BROOKHURST DR DETACHED 749,000 755,000 3443 11
5632 GRAND OAKS DR DETACHED 765,000 765,000 2898 3
568 WEIDMAN CT DETACHED 819,000 775,000 3702 27
1662 WOODSMAN CT DETACHED 779,000 779,000 3196 11
625 3RD ST ATTACHED 837,000 815,000 2643 183
17193 LOWENBERG TER DETACHED 889,900 890,000 2973 6
4255 CHAD DR DETACHED 899,900 900,000 3853 7
14626 UPLANDS DR DETACHED 934,900 934,900 2951 4
18945 BRYANT RD DETACHED 987,000 957,500 4755 133
4367 HAVEN ST DETACHED 1,070,000 1,070,000 3617 7
531 7TH ST DETACHED 1,125,000 1,089,000 2818 135
2809 ARROWHEAD CT DETACHED 1,560,000 1,250,000 2624 20
2120 GLENMORRIE DR DETACHED 1,395,000 1,350,000 4383 2
654 CABANA LN DETACHED 1,995,000 1,900,000 3100 0
1970 TWIN POINTS RD DETACHED 2,200,000 2,100,000 4649 182
16835 GREENBRIER RD DETACHED 5,950,000 5,400,000 8852 624

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.

Internet and the Open House

Ridge 030So many things about marketing a home for sale have changed due to the Internet. One of those things is the importance of an open house.

For years there was a disconnect between open houses and marketing in general. Sure, back in the day a Realtor would put an ad in the newspaper to advertise an open house. People would come in with the homes section in hand and red ink circled around the houses that they were touring that day. Then along came the Internet but there was not an open house connection. That changed about 5 years ago and today it is a huge driving force in the early marketing of a property.

Ridge 006Ridge 003Today the RMLS allows a Realtor to post their open houses directly into the data. This is then picked up widely across the Internet with sights like Zillow and Redfin.

Add to that today’s fast market. The new listings are a huge draw for prospective buyers. They are on the Internet as never before watching for their dream house.

A well planned marketing strategy is to list a house toward the end of the week, Thursday or Friday, plan open houses all weekend on the first weekend, and then wait for the hordes of buyers to come on thru. I have done this twice this spring and in both cases it worked beautifully.

So, yes, open houses are an important marketing tool: now more than ever.

Ridge 020Having shared this, please come and see me today. I am holding open a new listing in our neighboring community of West Linn. 2759 Ridge Lane was built in 2010. It is a gorgeous Renaissance built home with all of the goodies Renaissance is known for: huge gourmet kitchen, substantial wood work with extra trim and cabinetry, a master suite that is substantial with custom walk-in shower, garden tub, double sinks and a big walk-in closet. There are 4 bedrooms + a bonus room. There is a 3 car garage that is tandem on one side. There is a big, flat fenced yard with a covered patio. It’s a lot for $629,900. In Lake Oswego this house would be $900,000. Please come on by. I will be holding it open today and tomorrow from noon to 3pm.
Dianne

Market Activity April 18-24, 2016

Looking at how busy the real estate market is right now, I feel blessed for good health and stamina. Whew! What a busy time of year. Our market historically peaks in May and June. So this busy season is just beginning. We are continuing to see a demand that is greater than the supply. Last week in Lake Oswego there were 18 new listings, 33 that went into pending status, and 20 closed sales.

Following is the breakdown for you according to RMLS:

New on Market (Apr 18-24, 2016)

Address Type Price BR Baths Sq Ft
86 Kingsgate Rd C201 Condo $149,900 2 2 938
154 Ridgeway Rd Condo $275,000 3` 1.5 1791
4422 Thunder Vista Ln Condo $288,500 2 2.5 2040
5 Summit Ridge Ct Attached $379,900 2 2.5 1576
5835 Carman Dr Detached $430,000 3 2.5 1650
668 McVey Ave #52 Condo $450,000 3 1.5 992
17927 Belmore Ave Detached $475,000 3 1.5 1488
16809 Cornell St Detached $549,000 3 3.5 2464
4954 Mulholland Dr Attached $589,900 3 2.5 2498
19 Falstaff St Detached $599,000 4 2.5 3207
16064 Waluga Dr Detached $619,900 7 3 2552
5950 Southwood Dr Detached $775,000 3 2.5 2731
737 Country Club Rd Detached $799,900 3 2.5 3242
2247 Sequoia Ct Detached $925,000 3 2.5 3493
588 9th St Detached $1,200,000 3 3.5 3536
3914 Edens Edge Dr Detached $1,425,000 5 5.5+.5 6635
3177 Douglas Circle Detached $1,450,000 5 3.5 4732
4100 Canal Rd Detached $1,499,000 4 3.5 4957
448 Country Club Rd Detached $1,595,000 4 3.5 4873
13750 Knaus Rd Detached $1,695,000 5 4 4773

Pending Sales (Apr 18-24, 2016)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd 202A Condo $145,000 2 2 849 14
57 Oswego Summit Condo $164,900 1 1 764 2
4000 Carman Dr #80 Condo $179,900 2 2 1100 3
668 McVey Ave #42 Condo $252,500 2 1 836 120
16250 Pacific Hwy #46 Condo $265,000 2 2 1305 14
210 State St #8 Condo $340,000 2 2.5 1614 57
1400 Parrish St Condo $349,900 3 2.5 1880 60
5998 Shakespeare St Detached $362,900 3 2 1743 13
18630 Kristi Way Detached $399,900 3 2 1743 2
668 McVey Ave #30 Condo $445,000 3 1.5 992 2
826 Cornell St Detached $447,500 2 1 1184 14
5266 Charleton Ct Detached $479,000 3 2 2063 10
16969 Alder Circle Detached $529,000 3 2 1534 61
14450 Hilly Springs Rd Condo $550,000 5 3 2238 19
13852 Shireva Dr Detached $550,000 5 3 2664 74
4623 Hastings Pl Detached $569,900 4 2.5 2151 0
313 3rd St Attached $639,900 3 3.5 19622 11
2 Walking Woods Dr Detached $643,900 4 3 4116 26
3560 Tempest Dr Detached $675,000 4 2.5 2847 5
6 Tanglewood Dr Detached $690,000 3 3.5 3108 6
17018 Summer Pl Detached $699,900 4 2.5 2925 8
4719 Lakeview Blvd Detached $725,000 3 2.5 2923 5
19330 River Run Dr Detached $799,000 4 4 3786 52
884 Cedar St Detached $995,000 4 3.5 3120 57
1224 Tyndall Ct Detached $1,039,000 4 3.5 4157 1
18260 River Edge Ct Detached $1,049,000 4 3.5 4711 56
630 8th St Detached $1,095,000 4 2.5 2832 5
642 Iron Mountain Blvd Detached $1,095,000 3 2.5+.5 4575 369
950 Schukart Ln Detached $1,098,000 4 2.5 3530 29
844 5th St Detached $1,100,000 3 3 2590 19
14365 Fosberg Rd Detached $1,150,000 5 3.5 53343 63
3140 Childs Rd Detached $1,850,000 5 6.5 6692 35
13237 Knaus Rd Detached $1,995,000 4 4.5 4900 44

Sold/Closed(Apr 18-24, 2016)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd H-104 Condo $124,900 $139,000 840 7
50 Oswego Summit Condo $155,000 $175,000 752 1
213 Cervantes Condo $220,000 $220,000 1,216 1
191 Oswego Summit Condo $269,000 $258,000 1506 5
162 4th St Detached $560,000 $554,000 1948 0
808 Ellis Ave Detached $599,000 $635,000 2108 2
17183 Carlson Ct Detached $665,000 $665,000 3366 15
411 Ridgeway Rd Detached $695,000 $676,880 3094 5
6413 McDuff Ct Detached $699,900 $694,500 3091 94
13679 Melrose Pl Detached $699,000 $700,000 4752 0
17743 Marylcreek Dr Detached $780,000 $738,000 3288 52
18217 Delenka Ln Detached $769,900 $742,000 4166 61
480 Iron Mountain Blvd Detached $775,000 $794,250 3067 4
19229 35th Pl Detached $899,500 $900,000 4764 347
408 Northshore Rd Detached $929,900 $940,000 3753 70
17442 Ridgeview Ln Detached $1,295,000 $1,200,000 5036 228
19342 Lorna Ln Detached $1,298,000 $1,285,000 4114 85
1164 Crestline Ct Detached $1,469,000 $1,392,938 6800 58
12838 Alto Park Rd Detached $1,439,000 $1,437,500 4475 145
915 Atwater Rd Detached $1,895,000 $1,72,500 4102 57

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 ~ April 4-11, 2016

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

Following is the breakdown for you according to RMLS:

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

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

Pending Sales (April 4 – April 11, 2016)

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

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

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

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

The Importance of Seller Disclosure

lake-headerI am directing this post to people who are selling a home, but the knowledge is also important to folks who are buying a home. Oregon has very specific disclosure laws that all people selling real estate must abide by. There are a few exceptions, but they are rare.

To put it simply, when selling a house (this includes condos) you must tell what you know if it is material to the property. Material is physical and real. You must tell what you know. At the time that you list your property for sale you will be asked to complete a 5-page disclosure statement. This statement is a series of questions that will prompt your memory about everything from any deed restrictions to physical defects such as a leaking roof or faulty furnace. I advise my clients to leave no question unanswered. Even if it doesn’t apply to your property choose the option “n/a” or write “n/a” in the margin.

The point at which a buyer receives the disclosure statement is when their offer has been accepted. They are excited and eager to learn more about the house. Once they receive the statement they have 5 business days to revoke their offer. I also think of this as a bit of a cooling offer period. If they are going to get cold feet, let it happen early in the process and before the buyer or the seller have invested more time in the sale. So if the fact that the roof once leaked or the attic was once treated for mold is going to freak them out, find out early, let the deal come apart and everyone can move on. Doing it early is so much better than after the seller looses two weeks of market exposure while the buyer does a home inspection and then finds evidence of a past roof leak or of past mold.

So what should you disclose? EVERYTHING! Even if it seems minor. Even if it has been fixed and never happened again. This is your chance to tell what you know. Our disclosure statement has a 6th page for giving explanations. You can add a 7th, 8th, and 9th page. It simply is not possible to tell too much. When the buyer does the inspection, they are going to find evidence of past defects such as water stains or newer sections of plumbing. If nothing was said in the disclosure statement it makes the buyer feel suspicious. “What else didn’t they tell me?’. Where as if you have done a thorough job of disclosing, they buyer will find the evidence and feel like “OH, sure, they told me about that.”

The bottom line is that you have a legal obligation when you sell real property to tell what you know.

There are 4 exceptions:
If the house is brand new construction (in that case the disclosure requirement is replaced by the permit requirements of the local jurisdiction)
If the house is a bank owned property such as a foreclosure
If the sale is being handled by a legal entity such as a trustee, personal representative, conservator, or guardian
If the seller is a government agency

That’s it. Those are the only exceptions. This means that even if you have never lived in the house but have had it as an investment, you must still disclose what you know about the material condition of the property.

What if something is wrong with the property that you don’t know about? You do not have to disclose what you don’t know. You only have to disclose what you do know. So if the buyer does an inspection and finds defects you don’t know about you may end up negotiating to fix those defects but you aren’t at fault for not knowing about them before hand.

Now I’ve got to give my full disclosure. I am not an attorney. Always seek legal council if you feel you don’t understand this or if you have questions. What I am telling you is my advice based upon my experience.

I hope you have found this helpful.
Dianne

Market Activity March 28-April 3, 2016

OK, it’s official, we are in the full throws of the spring market and the market is HOT! Last week Lake Oswego saw 20 new listings, 31 houses accept offers and go into pending status (13 of those in less than 10 days), and 18 sold/closed transactions. If a house is in desirable condition and priced right, it is selling FAST!

Following is the breakdown for you according to RMLS:

New on the Market (Mar 28-April 3, 2016)

Address Type Price BR Baths Sq Ft
167 Oswego Summit Condo $180,000 2 2 1506
3922 Carman Dr Condo $234,900 2 2.5 1137
3932 Carman Dr Condo $234,900 2 2.5 1133
16748 Lake Forest Blvd Detached $325,000 3 1 1076
17 Britten Ct Attached $359,900 3 2.5 1972
90 Greenridge Ct Attached $368,000 3 2.5 1980
20 Summit Ridge Ct Attached $389,000 2 2.5 1704
5434 Willow Ct Attached $495,000 3 2.5 2423
4 Morningview Pl Attached $499,000 2 2.5 1880
1731 Woodland Terrace Detached $534,900 4 2.5 2714
14450 Holly Springs Rd Detached $575,000 5 3 2238
19505 Olson Ave Detached $748,950 5 2.5 2916
4137 Orchard Way Detached $775,000 5 2.5 3681
844 5th St Detached $1,100,000 3 3 2590
4069 Pfeifer Ct Detached $1,125,000 5 3.5 4332
784 3rd St Detached $1,299,000 5 5 4138
2120 Glenmorrie Dr Detached $1,395,000 4 3.5 4383
7 Garibaldi St Detached $1,400,000 4 3.5 6303
5405 Childs Rd Detached $2,095,000 5 4.5 5702
1210 Chandler Rd Detached $2,799,000 6 6.5+.5 7668

Pending Sales (Mar 28-April 3, 2016)

Address Type Price BR Baths Sq Ft CDOM
96 Galen St Condo $129,000 1 1 550 15
50 Oswego Summit Condo $155,000 1 1 752 1
4 Touchstone Condo $159,900 2 2 984 2
77 Galen Rd Condo $164,900 2 2 993 15
48 Eagle Crest Dr 1C Condo $239,000 2 2 1399 1
191 Oswego Summit Condo $269,000 2 2 1506 5
1225 Cornell St Detached $349,000 3 2 1394 62
5215 Madrona St Detached $389,000 3 2 1305 6
2 Eagle Crest Dr Detached $395,000 3 2 1830 5
1820 Southshore Blvd Detached $450,000 3 2.5 2373 0
1244 Hallinan Circle Detached $465,000 4 3 2485 50
4101 Chapman Way Detached $465,000 3 2.5 1864 142
5674 La Mesa Ct Detached $548,950 3 2 1802 24
5311 Childs Rd Detached $559,000 4 2.5 1766 11
17510 Cardinal Dr Detached $578,500 4 3 2550 36
5124 Lakeview Blvd Detached $579,000 4 3 2932 153
4779 Heritage Ln Detached $585,000 3 2 2121 2
3100 Wembly Park Rd Detached $625,000 3 3 3060 332
2 Walking Woods Detached $649,900 4 3 4116 2
41 Touchstone Detached $675,000 4 3 3092 2
0 Carman Dr Detached $699,000 3 2.5 2751 213
17343 Brookhurst Dr Detached $749,000 4 2.5 3443 11
5632 Grand Oaks Dr Detached $765,000 4 2.5 2898 3
5959 Suncreek Dr Detached $789,960 4 2.5 3315 2
12870 Elk Rock Rd Detached $795,000 4 3 2742 223
4018 Canal Woods Ct Detached $799,900 4 3.5 3600 177
2479 Marylview Ct Detached $810,000 4 3.5 3832 28
1100 Troon Rd Detached $1,200,000 4 2.5+.5 2943 5
2445 Glenmorrie Dr Detached $1,295,000 5 5 5106 196
13050 Knaus Rd Detached $1,699,000 4 3.5 4821 56
13237 Knaus Rd Detached $1,995,000 4 4.5 4900 23

Sold/Closed (Mar 28-April 3, 2016)

Address Type List Price Sold Price Sq Ft CDOM
69 Galen Rd Condo $164,900 $164,900 923 4
5056 Foothills Dr C Condo $273,500 $275,000 1,252 10
6155 McEwan Rd Detached $320,000 $288,000 1,294 108
4305 Silver Ct Attached $339,000 $339,000 1721 7
5365 Greystoke Dr Detached $414,900 $375,000 1541 167
13680 Shireva Dr Detached $459,000 $448,900 1504 120
7 Falstaff St Detached $519,900 $512,500 2740 140
6080 Summer Woods Detached $519,900 $517,450 2326 4
741 Briercliff Ln Detached $519,000 $525,000 2765 39
2 Creekside Terrace Detached $549,900 $540,000 2906 44
17730 Marylbrook Dr Detached $589,900 $570,500 2951 104
5004 Woodcrest Ln Detached $649,900 $650,000 2522 6
5937 Bay Point Dr Detached $789,999 $701,000 3402 143
13613 Provincial Hill Way Detached $1,095,000 $995,000 4327 213
556 7th St Detached $1,219,000 $1,198,000 3911 161
13900 Goodall Rd Detached $1,429,000 $1,350,000 4212 28
1901 Palisades Terrace Detached $3,945,000 $3,400,000 7284 270
3142 Lakeview Blvd Detached $4,350,000 $3,980,000 5554 298

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 March 14th – 20th, 2016

Happy Easter everyone!

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

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

Following is the breakdown for you according to RMLS:

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

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

Pending Sales (March 14-20, 2016)

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

Sold/Closed (March 14-20, 2016)

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

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