West Linn Real Estate Market, October 6-12, 2008
Jody McLeod October 13th, 2008
Below are the real estate market results for the week of October 6-12, 2008:
NEWLY LISTED
| ADDRESS |
LIST PRICE
|
# BEDS
|
# BATHS
|
TOTAL SQ FT
|
TYPE OF HOME |
DATE LISTED
|
| 20930 FAWN CT | $174,900 | 2 | 2 | 1,068 | CONDO | 10/9 |
| 2786 WARWICK ST | $244,500 | 4 | 1 | 1,955 | DETACHD | 10/7 |
| 1819 13TH ST | $320,000 | 4 | 2 | 2,052 | DETACHD | 10/6 |
| 1849 13TH ST | $340,000 | 3 | 1.2 | 2,232 | DETACHD | 10/6 |
| 18652 ROSE WAY | $359,900 | 4 | 3 | 2,230 | DETACHD | 10/10 |
| 1213 12TH ST | $525,000 | 4 | 2.1 | 2,760 | DETACHD | 10/12 |
| 19775 OLD RIVER DR | $549,900 | 4 | 2.1 | 2,689 | DETACHD | 10/6 |
| 26415 SW PETES MOUNTAIN RD | $599,000 | 2 | 2 | 1,834 | DETACHD | 10/7 |
| 1337 STONEHAVEN DR | $599,000 | 5 | 3 | 3,637 | DETACHD | 10/10 |
| 3055 S ROXBURY DR | $625,000 | 4 | 2.1 | 3,300 | DETACHD | 10/6 |
| 3838 FAIRHAVEN DR | $649,900 | 5 | 3.1 | 3,883 | DETACHD | 10/7 |
| 20500 S SWEETBRIAR RD | $1,120,000 | 4 | 2.1 | 2,762 | DETACHD | 10/6 |
PENDING SALES
| ADDRESS |
LIST PRICE
|
TOTAL BEDS
|
TOTAL BATHS
|
TOTAL SQ FT
|
TYPE OF HOME |
DOM
|
| 6292 BELMONT (Motivated) WAY | $289,900 | 3 | 2 | 1,805 | CONDO | 200 |
| 4225 SUSSEX ST | $319,950 | 3 | 2.1 | 1,763 | DETACHD | 34 |
| 6122 CHURCHILL DOWNS DR | $420,000 | 3 | 2.1 | 2,513 | DETACHD | 60 |
| 1089 Epperley WAY | $519,900 | 3 | 2.1 | 2,595 | DETACHD | 168 |
SOLD
| ADDRESS | ORIGINAL PRICE | SOLD PRICE |
# BEDS
|
# BATHS
|
TOTAL SQ FT
|
TYPE OF HOME |
DOM
|
| 2513 PIMLICO DR | $379,000 | $318,000 | 3 | 2 | 1,700 | DETACHD | 159 |
| 2851 BEACON HILL DR | $799,000 | $625,000 | 4 | 3.1 | 3,893 | DETACHD | 231 |
Criteria: Homes in the 97068 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.
If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.
Related posts:
Scant activity this week, but the Beacon Hill home caught my eye. A home in Barrington Heights, one of West Linn’s most exclusive neighborhoods, sold for almost 25% off list price ? $160/sqft ?
Sounds to me that the housing slump has hit Portland. With the few homes that sold over the past many weeks at significant discounts off list price, why do new listings continue to insist on pricing homes at bubble-era levels ? Do these homeowners really believe that some unsuspecting buyer will pay top dollar for their home in today’s market, especially with so much inventory ?
Ron, Jody – how many active listings are there in the West Linn area ? If it hasn’t broken through 500 yet, it must be pretty close.