West Linn Real Estate Activity, May 25-31, 2009
Jody McLeod June 1st, 2009
We’ve added a couple of new features to the real estate listings this week – averages for the Pending and Closed Sales categories and a extra column in the Closed Sales category showing the price difference (%) from the original asking price to the sold price. We hope you find the changes useful. Please let us know if there is anything else you would like to see on the lists and we will see what we can do.
The address links in the newly listed category take you to westlinnlistings.com, where you can view pictures and data about each home. You can also view all of the other West Linn homes listed on RMLS here. If you like, sign up to receive daily emails with the newest West Linn listings or price changes. And, as always, either of us would be happy to show you a home!
Here’s the new real estate activity for the week of May 25-31, 2009:
Newly Listed
| ADDRESS |
LIST PRICE
|
# BEDS
|
# BATHS
|
TOTAL SQ FT
|
$ PER SQ FT | TYPE OF HOME |
DATE LISTED
|
| 20050 SNOWDROP CT | $156,900 | 2 | 2 | 1,068 | $147 | CONDO | 5/26 |
| 765 SPRINGTREE LN | $159,900 | 1 | 1 | 765 | $209 | CONDO | 5/30 |
| 20130 LARKSPUR LN | $169,000 | 2 | 2 | 1,068 | $158 | CONDO | 5/26 |
| 745 SPRINGTREE LN | $169,900 | 1 | 1 | 775 | $219 | CONDO | 5/27 |
| 1773 SUNSET AVE | $199,000 | 2 | 1 | 884 | $225 | DETACHD | 5/28 |
| 2303 TOMPKINS ST | $217,800 | 3 | 2 | 1,942 | $112 | DETACHD | 5/28 |
| 4293 IMPERIAL DR | $224,900 | 3 | 1.1 | 1,656 | $136 | ATTACHD | 5/31 |
| 4230 SUMMERLINN DR | $240,000 | 3 | 3 | 1,683 | $143 | ATTACHD | 5/28 |
| 4060 SUMMERLINN DR | $269,900 | 3 | 3 | 1,683 | $160 | CONDO | 5/28 |
| 1514 HOLLY ST | $299,000 | 5 | 2 | 3,276 | $91 | DETACHD | 5/28 |
| 1753 JAMIE CIR | $319,000 | 4 | 2 | 1,750 | $182 | DETACHD | 5/26 |
| 5670 SUMMIT ST | $339,500 | 4 | 2.1 | 3,063 | $111 | DETACHD | 5/27 |
| 5801 SKYLINE DR | $349,000 | 3 | 2 | 2,224 | $157 | DETACHD | 5/29 |
| 1380 7TH ST | $349,900 | 4 | 2.1 | 1,924 | $182 | DETACHD | 5/29 |
| 2151 CLUBHOUSE DR | $374,950 | 3 | 3 | 2,193 | $171 | DETACHD | 5/28 |
| 2151 CLUBHOUSE DR | $439,900 | 3 | 2.1 | 2,300 | $191 | DETACHD | 5/26 |
| 3003 HUNTER CT | $459,900 | 4 | 2.1 | 2,572 | $179 | DETACHD | 5/27 |
| 1834 Joseph Fields ST | $469,900 | 3 | 2.1 | 2,573 | $183 | DETACHD | 5/26 |
| 3841 FAIRHAVEN DR | $479,000 | 4 | 2.1 | 2,746 | $174 | DETACHD | 5/26 |
| 2220 BRANDON PL | $559,900 | 5 | 3.1 | 3,089 | $181 | DETACHD | 5/26 |
| 19783 WILDWOOD DR | $648,000 | 3 | 3 | 3,334 | $194 | DETACHD | 5/29 |
| 710 ROSEMONT RD | $1,200,000 | 4 | 3.1 | 4,434 | $271 | DETACHD | 5/27 |
| 23720 SW STAFFORD HILL DR | $1,500,000 | 5 | 3.2 | 5,105 | $294 | DETACHD | 5/28 |
Pending Sales
| ADDRESS |
LIST PRICE
|
TOTAL BEDS
|
TOTAL BATHS
|
TOTAL SQ FT |
$ PER SQ FT
|
TYPE OF HOME |
DOM
|
| 5815 W A ST | $219,900 | 3 | 1.1 | 1,900 | $116 | DETACHD | 136 |
| 5797 PERRIN ST | $299,000 | 4 | 2.1 | 2,755 | $109 | DETACHD | 48 |
| 200 SW PEACH COVE LN | $299,900 | 3 | 2 | 2,100 | $143 | DETACHD | 206 |
| 6565 LOWRY DR | $310,000 | 3 | 2 | 1,720 | $180 | DETACHD | 10 |
| 4165 RIVERVIEW DR | $315,000 | 4 | 2.1 | 2,294 | $137 | DETACHD | 23 |
| 1816 WESTBERRY CT | $349,000 | 3 | 2.1 | 2,018 | $173 | DETACHD | 11 |
| 6280 TACK CT | $355,000 | 3 | 2 | 2,026 | $175 | DETACHD | 92 |
| 2574 BRONCO CT | $389,000 | 3 | 2 | 1,780 | $219 | DETACHD | 40 |
| 1190 S WOODBINE RD | $550,000 | 4 | 3 | 3,132 | $176 | DETACHD | 720 |
| 2010 EAGLE CRST | $575,850 | 4 | 3.1 | 3,680 | $156 | DETACHD | 27 |
| AVERAGES | $366,265 | NA | NA | 2,341 | $159 | NA | 131 |
Closed Sales
| ADDRESS | ORIGINAL PRICE | SOLD PRICE | $ +/-% |
# BEDS
|
# BATHS
|
TOTAL SQ FT
|
$ PER SQ FT | TYPE OF HOME |
DOM
|
| 3875 FAIRHAVEN DR | $549,900 | $409,000 | 26% | 3 | 3.1 | 2,904 | $141 | DETACHD | 350 |
| 1213 12TH ST | $525,000 | $420,000 | 20% | 3 | 2.1 | 2,760 | $152 | DETACHD | 179 |
| 6222 TACK CT | $529,000 | $468,000 | 12% | 4 | 3 | 2,576 | $182 | DETACHD | 27 |
| 2332 Haskins RD | $689,900 | $592,500 | 14% | 4 | 2.1 | 3,414 | $174 | DETACHD | 85 |
| AVERAGES | $573,450 | $472,375 | 18% | NA | NA | 2,914 | $162 | NA | 160.25 |
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.
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This sites gets better and better over time. Thanks Jody for adding in the additional metrics. Very informative indeed. From sales activity standpoint, same observations as Stuart made last week. Home prices still looking for a bottom, and in general, buyers are still nervous about their personal finances, which continues to dampen home-shopping enthusiasm. West Linn is a great place to live, and I think the falling home prices will make this market more accessible to a broader group of people, which in turn will (hopefully) spur demand.
And didn’t Centurion Homes just up the ante with a “from the low $400,000″ on the new development opposite Rosemont middle school? (Website says $600K to $1,000,000+).
http://centurionhomespdx.com/rosemont-crossing Makes you think about where the extra $200K per house was going to go, doesn’t it?
Good point Stuart. The new development you are referring with the low $400K starting price should put a lot of pressure on the other new developments on WL. For example, the ICON development home just off Salamo road opposite Barrington Heights started in the upper $600K range last year, but just recently had a $100K haircut and are starting in the upper $500K. The former Legend Homes development (now bank-owned) and the DR Horton right behind Tanner Creek Park has been selling for $350-$450K range, if you’re a regular follower of this site, and the Renaissance Homes have yet to capitulate on pricing, but they haven’t moved many homes either. So, the $400K starting price is very good, but I just hope the builder doesn’t try to pull a bait-and-switch, and get you in on the price, but then if you want the house with plumbing, you need to pay an extra $100K. Buyers these days are too smart and too sensitive to fall for these marketing ploys, and all it will do is damage the development’s reputation. But, I have faith that the developer will do the right thing.