West Linn Real Estate Activity, Feb. 16-22, 2009
Jody McLeod February 23rd, 2009
Here are last week’s real estate statistics of newly listed, pending and sold homes. Spring must be around the corner since the amount of new listings seems to be sprouting.
Here is this week’s printout of newly listed homes for this week.
NEWLY LISTED
| ADDRESS |
LIST PRICE
|
# BEDS
|
# BATHS
|
TOTAL SQ FT
|
TYPE OF HOME |
DATE LISTED
|
| 4475 SIMPSON ST | $230,000 | 3 | 2 | 1,080 | ATTACHD | 2/18 |
| 2459 TULANE ST | $239,900 | 3 | 2 | 1,244 | DETACHD | 2/16 |
| 4293 IMPERIAL DR | $262,000 | 3 | 1.1 | 1,625 | ATTACHD | 2/16 |
| 4330 EXETER ST | $284,900 | 3 | 2.1 | 1,896 | DETACHD | 2/19 |
| 2040 MAPLE TER | $349,000 | 4 | 3 | 2,050 | DETACHD | 2/18 |
| 4237 SUSSEX ST | $349,900 | 3 | 2.1 | 2,470 | DETACHD | 2/19 |
| 4224 IMPERIAL DR | $349,950 | 3 | 2.1 | 1,981 | DETACHD | 2/18 |
| 1730 REGENCY ST | $357,500 | 4 | 2 | 2,227 | DETACHD | 2/17 |
| 4249 SUSSEX ST | $369,000 | 4 | 2.1 | 2,578 | DETACHD | 2/18 |
| 3234 WILD ROSE LOOP | $424,500 | 3 | 2.1 | 2,384 | DETACHD | 2/16 |
| 5650 RIVER ST | $429,000 | 3 | 2 | 1,610 | DETACHD | 2/16 |
| 1066 Meek WAY | $454,900 | 3 | 3 | 2,155 | DETACHD | 2/21 |
| 1070 Meek WAY | $459,900 | 3 | 3 | 2,486 | DETACHD | 2/21 |
| 1058 Meek WAY | $479,900 | 3 | 3 | 2,538 | DETACHD | 2/21 |
| 1062 Meek WAY | $479,900 | 3 | 3 | 2,852 | DETACHD | 2/21 |
| 18687 UPPER MIDHILL DR | $489,900 | 3 | 3 | 3,108 | DETACHD | 2/22 |
| 3248 SABO LN | $499,000 | 5 | 3.1 | 3,935 | DETACHD | 2/16 |
| 2050 Leslies Way | $499,900 | 4 | 3.1 | 2,913 | DETACHD | 2/18 |
| 2390 MICHAEL DR | $524,900 | 4 | 2.1 | 2,834 | DETACHD | 2/17 |
| 3292 NOMIE WAY | $599,200 | 5 | 3.1 | 4,080 | DETACHD | 2/21 |
| 2871 BEACON HILL DR | $619,000 | 4 | 3.1 | 4,324 | DETACHD | 2/20 |
| 3735 FAIRHAVEN DR | $639,000 | 3 | 2.1 | 3,555 | DETACHD | 2/17 |
| 17855 ROBIN VIEW CT | $699,000 | 4 | 2.1 | 3,352 | DETACHD | 2/20 |
| 2440 BELLEVUE TER | $747,500 | 4 | 2.2 | 3,688 | DETACHD | 2/18 |
| 465 SW BORLAND RD | $995,000 | 3 | 3.2 | 3,000 | DETACHD | 2/16 |
| 25265 SW MOUNTAIN RD | $1,300,000 | 5 | 4.5 | 5,347 | DETACHD | 2/19 |
| 23225 SW BOSKY DELL LN | $1,490,000 | 4 | 3.2 | 2,948 | DETACHD | 2/17 |
| 21415 Brandywine LN | $2,390,000 | 6 | 5.1 | 7,577 | DETACHD | 2/20 |
PENDING SALES
| ADDRESS |
LIST PRICE
|
TOTAL BEDS
|
TOTAL BATHS
|
TOTAL SQ FT
|
TYPE OF HOME |
DOM
|
| 1233 9TH ST | $279,900 | 3 | 1 | 1,040 | DETACHD | 168 |
| 1125 ROYAL CT | $299,000 | 4 | 3 | 2,172 | DETACHD | 6 |
| 25650 CHERYL DR | $399,900 | 4 | 3.1 | 2,718 | DETACHD | 218 |
| 1069 Meek WAY | $479,900 | 3 | 2.1 | 2,575 | DETACHD | 177 |
| 3580 RIVERKNOLL WAY | $770,000 | 4 | 5.1 | 5,925 | DETACHD | 40 |
SOLD
| ADDRESS | ORIGINAL PRICE | SOLD PRICE |
# BEDS
|
# BATHS
|
TOTAL SQ FT
|
TYPE OF HOME |
DOM
|
| 1616 VILLAGE PARK PL | $149,900 | $133,950 | 2 | 1.1 | 976 | ATTACHD | 199 |
| 1053 Epperly WAY | $440,276 | $399,900 | 4 | 3 | 2,097 | DETACHD | 382 |
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.
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Nothing exciting in this week’s listings, apart from the Beacon Hill and Sabo homes. My prediction is that most sales activity will be in the < $500K range this spring (investors, first-time home-buyers, empty-nesters/retirees and the move-up crowd), while those listings above the $500K threshold will, for the most part, languish on the market.
According to the latest Case-Shiller Index, Portland area homes fell 13.1% on average in 2008, and the report goes on to state that there is no end in sight to declining prices. I’m guessing that this is about in line with WL area pricing, where it looks like home values have fallen 10-15% over the past year.
http://money.cnn.com/2009/02/24/real_estate/Case_Shiller_December/