Archive for the 'Real Estate Activity' Category

West Linn Real Estate Market Activity — March 1-7, 2010

Ron Ares March 8th, 2010

Thirty-eight properties make up this week’s list. Twenty-eight new listings, four pending sales, and six closed transactions. Seven of the new listings are new construction homes in the Arbor Cove development off Willamette Falls Drive.

Bargain hunters ruled the week with 4 properties sold at discounts over 25% of the original list price. The property sold on Hall Street was a bank-owned home. The Stafford Hill home was actually originally listed at $3,999,000 going back to July 2005 (1,649 days on market).

Newly Listed

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT TYPE OF HOME
DATE LISTED
20080 LARKSPUR LN $139,900 2 2 1,068 $131 ATTACHD 3/5/10
2616 SW MOSSY BRAE RD $150,000 2 1.1 968 $155 DETACHD 3/2/10
2035 TITAN TER $197,000 2 2.1 1,409 $140 ATTACHD 3/1/10
2431 TULANE ST $269,000 3 1.1 1,200 $224 DETACHD 3/2/10
1766 REGENCY ST $279,900 3 0.2 1,450 $193 DETACHD 3/5/10
3074 CLUBHOUSE CT $300,000 2 2.1 1,660 $181 ATTACHD 3/4/10
5686 SUMMIT ST $312,900 3 2.1 2,580 $121 DETACHD 3/6/10
19685 SUN CIR $325,000 3 2.1 1,905 $171 DETACHD 3/3/10
1055 MEEK WAY $349,900 3 3 1,801 $194 DETACHD 3/5/10
1063 Meek WAY $359,900 3 2.1 1,801 $200 DETACHD 3/5/10
2592 HILLCREST CT $374,999 3 2.1 2,475 $152 DETACHD 3/5/10
2915 CARRIAGE WAY $375,500 3 2.1 2,505 $150 DETACHD 3/2/10
19622 SUN CIR $379,000 3 2.1 2,048 $185 DETACHD 3/6/10
1059 MEEK WAY $379,900 4 3 2,012 $189 DETACHD 3/5/10
1822 5TH AVE $389,900 2 2 1,675 $233 DETACHD 3/4/10
3150 SABO LN $399,000 4 3 2,572 $155 DETACHD 3/2/10
1051 MEEK WAY $409,900 3 3 2,179 $188 DETACHD 3/5/10
3262 TOP VIEW CT $424,900 4 4 3,292 $129 DETACHD 3/6/10
3715 FAIRVIEW WAY $438,000 3 3 2,628 $167 DETACHD 3/3/10
1850 Joseph Fields ST $449,900 4 3 2,538 $177 DETACHD 3/5/10
1056 Epperly WAY $459,900 3 3 2,486 $185 DETACHD 3/5/10
1062 Meek WAY $469,900 3 3 2,852 $165 DETACHD 3/5/10
21360 HORTON CT $475,900 4 3 3,075 $155 DETACHD 3/3/10
3880 ROSEPARK DR $499,900 4 2.1 3,152 $159 DETACHD 3/1/10
19722 BELLEVUE WAY $549,000 6 3.1 4,121 $133 DETACHD 3/5/10
1924 SUNBURST TER $617,500 5 4 6,354 $97 DETACHD 3/4/10
21462 SW SAINT JAMES PL $879,000 5 5.2 8,319 $106 DETACHD 3/2/10
967 WILLAMETTE FALLS DR $1,600,000 5 4.1 5,793 $276 DETACHD 3/3/10

AVERAGES

$437,700     2,711 $168    

Pending Sales

ADDRESS
LIST PRICE
TOTAL BEDS
TOTAL BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME
DOM
5595 SUMMERLINN WAY $219,500 2 2 1,276 $172 CONDO 216
23067 S BLAND CIR $449,000 4 2.1 2,680 $168 DETACHD 348
4123 IMPERIAL DR $465,000 4 3.1 3,356 $139 DETACHD 5
6310 HAVERHILL CT $490,000 4 3 3,105 $158 DETACHD 9
AVERAGES $405,875     2,604 $159   145

Closed Sales

ADDRESS ORIGINAL PRICE SOLD PRICE % CHANGE # BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME DOM
1900 HALL ST $599,900 $390,000 -35% 5 3.1 4,825 $81 DETACHD 282
4023 IMPERIAL DR $585,000 $435,000 -26% 3 2.1 2,711 $160 DETACHD 255
21381 S GRAPEVINE RD $635,000 $475,000 -25% 3 2.1 2,297 $207 DETACHD 369
1761 Joseph Fields ST $509,425 $511,696 0% 3 3 2,766 $185 DETACHD  
2308 FALCON DR $574,900 $540,000 -6% 4 2.1 3,401 $159 DETACHD 54
23232 SW STAFFORD HILL DR $2,695,000 $2,000,000 -26% 5 5.3 9,722 $206 DETACHD 1649
AVERAGES $933,204 $725,283 -22%     4,287 $169   522

Criteria: Homes in the 97068 zip code, listed, ending 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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West Linn Real Estate Market Activity — February 22-28, 2010

Ron Ares March 2nd, 2010

The month-end flurry for February brought nine pending and eight closed sales in the final week.

I’m still working on a solution to link you directly to active properties and hope to solve that by next week’s report.

Newly Listed

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT TYPE OF HOME
DATE LISTED
20030 MARIGOLD CT
$129,900
2
2
1,068
$122
CONDO 2/25/10
3660 SUMMERLINN DR
$178,900
2
2.1
1,418
$126
CONDO 2/23/10
18365 WILLAMETTE DR
$217,500
3
2
1,152
$189
DETACHD 2/26/10
1790 BRITTON ST
$287,000
2
2
1,680
$171
DETACHD 2/28/10
19359 VIEW DR
$289,000
4
2
1,920
$151
DETACHD 2/22/10
22195 CHELAN LOOP
$315,000
2
2.1
1,609
$196
ATTACHD 2/28/10
2607 UMPQUA LN
$325,000
3
2.1
2,304
$141
DETACHD 2/28/10
4578 NORFOLK ST
$333,000
3
3
2,200
$151
DETACHD 2/22/10
6th AVE
$415,000
4
2
1,810
$229
DETACHD 2/23/10
19874 BENNINGTON CT
$449,000
4
3.1
3,630
$124
DETACHD 2/25/10
4123 IMPERIAL DR
$465,000
4
3.1
3,356
$139
DETACHD 2/28/10
28353 SW MOUNTAIN RD
$469,000
3
2
2,636
$178
DETACHD 2/26/10
4128 CALAROGA DR
$489,500
3
2.1
2,064
$237
DETACHD 2/25/10
19735 SUNCREST DR
$544,950
4
3.1
3,224
$169
DETACHD 2/22/10
19618 WILDWOOD DR
$565,000
4
2.1
3,531
$160
DETACHD 2/24/10
1301 SW SCHAEFFER RD
$599,900
4
2.1
4,474
$134
DETACHD 2/24/10
2651 BEACON HILL DR
$648,950
4
2.1
3,307
$196
DETACHD 2/28/10
448 SW ALDERWOOD DR
$749,000
4
3.1
3,243
$231
DETACHD 2/26/10
3869 SOUTH HAMPTON CT
$769,900
4
3.1
4,031
$191
DETACHD 2/25/10
19150 NIXON AVE
$1,149,500
4
3.1
3,463
$332
DETACHD 2/23/10
AVERAGES
$469,500
2,606
$178
   

Pending Sales

ADDRESS
LIST PRICE
TOTAL BEDS
TOTAL BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME
DOM
4395 NORFOLK ST
$209,900
4
2
1,475
$142
DETACHD 85
4174 IMPERIAL DR
$249,900
3
3
1,912
$131
DETACHD 57
1312 SHERRI CT
$339,900
4
3
2,636
$129
DETACHD 57
1692 19TH ST
$340,000
4
2.1
2,004
$170
DETACHD 30
1070 Meek WAY
$489,900
4
3
2,595
$189
DETACHD 372
1201 12th ST
$489,900
4
2.1
2,801
$175
DETACHD 176
2252 Haskins RD
$499,900
4
2.1
3,100
$161
DETACHD  
21381 S GRAPEVINE RD
$525,000
3
2.1
2,297
$229
DETACHD 369
21425 PARKVIEW TER
$568,950
5
2.1
3,612
$158
DETACHD 128
AVERAGES
$412,594
2,492
$165
  159

Closed Sales

ADDRESS ORIGINAL PRICE SOLD PRICE % CHANGE # BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME DOM
2165 SNOWBERRY RIDGE CT
$122,955
$120,000
-2%
1
1
716
$168
CONDO 44
3430 Summerlinn DR
$174,900
$178,500
2%
2
2.1
1,321
$135
CONDO 2
2255 LEONARD ST
$224,000
$215,000
-4%
3
2.1
1,796
$120
ATTACHD 54
1066 Meek WAY
$454,900
$429,900
-5%
3
3
2,155
$199
DETACHD 312
1834 Joseph Fields ST
$469,900
$475,000
1%
4
2.1
2,573
$185
DETACHD  
1064 Epperly DR
$485,350
$485,350
0%
3
3
2,538
$191
DETACHD  
4782 COHO LN
$649,900
$620,000
-5%
5
3.1
3,611
$172
DETACHD 10
2475 BELLEVUE TER
$749,900
$717,000
-4%
4
3.1
4,364
$164
DETACHD 78
AVERAGES
$416,476
$405,094
-2%
2,384
$167
  83

Criteria: Homes in the 97068 zip code, listed, ending 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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West Linn Real Estate Market — Monthly Home Sales

Ron Ares February 26th, 2010

A reader recently posed a question, asking when the peak real estate market would begin in West Linn.

You might find the graph below charting the number of sales per month interesting:

I would have guessed that 2008’s trending (in red) would have been the standard curve–closed sales peaking in July.

It’s interesting to see how 2009 turned out, with almost an inverse of what you would have expected — higher sales volume at the end of the year.

First-time homebuyer credits? Pent-up demand? Your thoughts?

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West Linn Real Estate Market – 2009 Final Statistics

Ron Ares February 24th, 2010

West Linn’s 2009 housing market statistics will be viewed as mixed at best.

The market moved more homes than 2008, but at a cost. Sales volume was up 20%, but median and average sale prices were 13% lower than those of 2008. The average homeowner that successfully sold a property suffered through nearly seven months on average waiting for a buyer.

Some other interesting statistics:

  • Average and median prices were down 16 to 17% from peak prices in 2007. This is consistent with the Portland metro market in general.
  • Around 25% of homes sold for more than $500,000.
  • Only 10 homes sold for more than $1,000,000.
  • The highest sale price was $3.2 million, discounted 46% from its original list price.
  • Conventional financing made up 59% of the home sales, while 17% of loans were FHA and 14% of buyers paid all-cash.

This table compares 2009 home sales in West Linn versus those in 2008:

2009 2008 % Change
Total Units Sold 389 325 +20%
Average Sale Price $428,400 $493,100 -13%
Median Sale Price $380,000 $437,900 -13%
Total Days on Market 202 158 +28%

The table below compares the 2009 values and the percentage change to the same period in 2008 for each housing type.

Quantity

Sold

Change

from 2008

Average

Sale Price

Change

from 2008

$ per

sq. ft.

Avg. Market

Time

Attached Homes 22 +69% $249,200 -3% $120 222 days
Condominiums 29 +4% $182,100 -6% $140 289 days
Single Family Homes 338 +19% $461,100 -14% $163 201 days

Source: RMLS statistics for January 1 – December 31, 2009 vs. same period in 2008. Every effort has been made to ensure accuracy. Average and median prices rounded to the nearest $100.

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West Linn Real Estate Market Activity — February 15 – 21, 2010

Ron Ares February 22nd, 2010

** Note: The links to active listings are currently messed up. I’ll be working through a solution to show those properties. Thanks! **

New listings continue to widely outpace pending and closed sales through the first half of February.

Newly Listed

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT TYPE OF HOME
DATE LISTED
5640 SUMMERLINN WAY
$141,750
1
1
874
$162
CONDO 2/15/10
1670 BUCK ST
$215,000
2
1
950
$226
DETACHD 2/16/10
20416 S NOBLE LN
$239,999
3
2.1
2,100
$114
ATTACHD 2/15/10
2515 ONEAL CT
$314,888
3
2
1,734
$182
DETACHD 2/15/10
1769 REGENCY ST
$315,000
3
2
1,664
$189
DETACHD 2/16/10
1925 ARENA CT
$385,000
4
2.1
2,110
$182
DETACHD 2/15/10
6351 PALOMINO WAY
$399,000
3
3
2,690
$148
DETACHD 2/19/10
2250 SAINT MORITZ LOOP
$400,000
4
3.1
3,092
$129
CONDO 2/20/10
1950 PINTO CT
$428,000
4
2.1
3,413
$125
DETACHD 2/17/10
3260 WINKEL WAY
$444,900
4
2.1
2,735
$163
DETACHD 2/18/10
21121 S SWEETBRIAR RD
$485,000
4
3
3,240
$150
DETACHD 2/15/10
6310 HAVERHILL CT
$490,000
4
3
3,105
$158
DETACHD 2/20/10
19840 BELLEVUE WAY
$529,000
3
2.1
3,013
$176
DETACHD 2/16/10
3377 COEUR D ALENE DR
$539,000
4
3
3,437
$157
DETACHD 2/16/10
19853 DERBY ST
$555,000
4
2.1
3,673
$151
DETACHD 2/17/10
21425 PARKVIEW TER
$568,950
5
2.1
3,612
$158
DETACHD 2/15/10
3405 RIVERKNOLL WAY
$597,950
5
3.1
3,619
$165
DETACHD 2/19/10
4700 SUMMER RUN DR
$599,900
4
3.1
5,358
$112
DETACHD 2/15/10
2973 SUNBREAK LN
$724,900
4
3.1
4,087
$177
DETACHD 2/15/10
4407 CALAROGA DR
$725,000
3
2.1
2,950
$246
DETACHD 2/15/10
2800 BEACON HILL DR
$729,000
4
3.1
4,022
$181
DETACHD 2/18/10
22810 S WEATHERHILL RD
$969,000
4
4.1
4,588
$211
DETACHD 2/18/10
AVERAGES
$490,738
3,003
$167
   

Pending Sales

ADDRESS
LIST PRICE
TOTAL BEDS
TOTAL BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME
DOM
20575 S NOBLE LN
$224,900
3
2.1
2,201
$102
ATTACHD 201
2112 BRIDLE WAY
$314,900
4
3
2,521
$125
DETACHD 114
1225 12TH ST
$449,000
4
2.2
3,157
$142
DETACHD 17
3292 NOMIE WAY
$454,900
5
3.1
3,984
$114
DETACHD 358
AVERAGES
$360,925
2,966
$121
  173

Closed Sales

ADDRESS ORIGINAL PRICE SOLD PRICE % CHANGE # BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME DOM
20080 LARKSPUR LN
$112,000
$112,000
0%
1
1
723
$155
CONDO 16
6345 CAUFIELD ST
$374,900
$321,500
-14%
4
2.1
2,758
$117
DETACHD 153
AVERAGES
$243,450
$216,750
-7%
1,741
$136
  85

Criteria: Homes in the 97068 zip code, listed, ending 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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West Linn Real Estate Market Activity — February 7 – 14, 2010

Ron Ares February 15th, 2010

The second week of February looked very similar to the first week — a handful of new listings, a smattering of pending sales, and one closed transaction.

Some readers might be interested to know that of the pending sales, half (Larkspur, Leonard, Hall and Miles) are bank-owned properties (REO).

Newly Listed

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT TYPE OF HOME
DATE LISTED
4442 NORFOLK ST $239,000 2 2 1,610 $148 DETACHD 2/11/10
2385 SNOWBERRY RIDGE CT $259,900 3 2 1,515 $172 CONDO 2/13/10
19482 VIEW DR $299,900 3 2.1 2,652 $113 DETACHD 2/12/10
2637 WOODSPRITE CT $334,000 4 3 2,160 $155 DETACHD 2/11/10
334 S WILDA RD $375,000 2 1 1,735 $216 DETACHD 2/12/10
19082 OLD RIVER DR $389,900 3 1.1 1,800 $217 DETACHD 2/12/10
2035 CARRIAGE WAY $399,900 3 2.1 2,714 $147 DETACHD 2/11/10
19943 DERBY ST $414,950 4 2.1 2,497 $166 DETACHD 2/10/10
31636 SW WILLOW ISLAND LN $425,000 2 0.1 1,200 $354 DETACHD 2/14/10
3093 KENSINGTON CT $550,000 5 3.1 4,048 $136 DETACHD 2/12/10
2652 BEACON HILL DR $565,000 4 2.1 2,856 $198 DETACHD 2/10/10
4077 S WILD ROSE DR $624,721 3 2.1 3,527 $177 DETACHD 2/12/10
2020 ALPINE DR $624,900 5 3.1 3,204 $195 DETACHD 2/12/10
4033 S WILD ROSE DR $665,000 5 3.1 3,586 $185 DETACHD 2/8/10
21467 WATERFORD PL $799,000 4 2.1 4,000 $200 DETACHD 2/8/10
AVERAGES $464,411     2,607 $185    

Pending Sales

ADDRESS
LIST PRICE
TOTAL BEDS
TOTAL BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME
DOM
20130 LARKSPUR LN $85,000 1 1 723 $118 CONDO 514
2255 LEONARD ST $215,000 3 2.1 1,796 $120 ATTACHD 54
2539 CAMBRIDGE ST $224,900 3 2 1,296 $174 DETACHD 319
1900 HALL ST $380,000 5 3.1 4,825 $79 DETACHD 282
21305 MILES DR $388,900 4 3 3,157 $123 DETACHD 192
3486 CHELAN DR $439,000 4 2.1 2,611 $168 DETACHD 186
4023 IMPERIAL DR $469,900 3 2.1 2,711 $173 DETACHD 255
21335 HORTON CT $470,000 4 2.1 3,271 $144 DETACHD 97
AVERAGES $334,088     2,549 $137   237

Closed Sales

ADDRESS ORIGINAL PRICE SOLD PRICE % CHANGE # BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME DOM
1471 MARYLHURST DR $359,500 $305,000 -15% 3 3 1,886 $162 DETACHD 7

Criteria: Homes in the 97068 zip code, listed, ending 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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West Linn Real Estate Market Activity — February 1 – 7, 2010

Ron Ares February 8th, 2010

The pace of new listings continues to be far ahead of pending and closed sales for the early part of 2010 — no real surprise. Nine pending sales for the first week of February is hopeful nevertheless.

Newly Listed

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT TYPE OF HOME
DATE LISTED
1630 Village Park PL $110,000 2 1.1 976 $113 CONDO 2/5/10
3430 Summerlinn DR $174,900 2 2.1 1,321 $132 CONDO 2/4/10
1567 6TH ST $213,900 3 2 1,658 $129 DETACHD 2/4/10
3260 SUMMERLINN DR $230,000 2 2.1 1,418 $162 CONDO 2/1/10
20575 S NOBLE LN $239,900 3 2.1 2,201 $109 ATTACHD 2/4/10
2615 DILLOW DR $249,900 3 2 1,322 $189 DETACHD 2/4/10
6282 Preakness $269,900 3 2.1 1,833 $147 CONDO 2/2/10
3740 RIDGEWOOD WAY $297,000 3 2 1,259 $236 DETACHD 2/5/10
2222 MATTERHORN CT $299,900 2 2.1 1,844 $163 ATTACHD 2/1/10
1015 WILLAMETTE FALLS DR $325,900 3 2 1,815 $180 DETACHD 2/5/10
1440 KILLARNEY DR $349,900 4 2.1 3,044 $115 DETACHD 2/2/10
18757 UPPER MIDHILL DR $369,900 4 3.1 2,665 $139 DETACHD 2/1/10
4051 IMPERIAL DR $379,900 4 2.1 2,447 $155 DETACHD 2/4/10
1225 12TH ST $449,000 4 2.2 3,157 $142 DETACHD 2/1/10
2100 MOUNTAIN VIEW CT $489,900 3 3 3,116 $157 DETACHD 2/3/10
3365 COEUR D ALENE DR $539,000 3 2.1 2,980 $181 DETACHD 2/5/10
2905 WHITE SALMON ST $599,000 5 2.1 2,900 $207 DETACHD 2/2/10
2090 TANNER CREEK LN $799,900 5 3.1 3,570 $224 DETACHD 2/2/10
2811 BEACON HILL DR $2,200,000 4 4.1 7,140 $308 DETACHD 2/3/10
AVERAGES $451,989     2,456 $168    

Pending Sales

ADDRESS
LIST PRICE
TOTAL BEDS
TOTAL BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME
DOM
5785 PERRIN ST $224,900 3 1 988 $228 DETACHD 5
2163 DILLOW DR $279,900 4 1.1 1,650 $170 DETACHD 53
2525 SUNSET AVE $284,000 5 2.1 2,157 $132 DETACHD 127
2422 SOUTHSLOPE WAY $289,000 4 3 2,502 $116 DETACHD 12
1245 BEXHILL ST $315,000 3 2.1 1,823 $173 DETACHD 23
2262 Haskins $499,900 3 2.1 3,005 $166 DETACHD  
2273 ROGUE WAY $529,900 4 2.1 3,265 $162 DETACHD 601
2308 FALCON DR $574,900 4 2.1 3,401 $169 DETACHD 54
2645 LORINDA LN $1,699,000 6 7.1 8,910 $191 DETACHD 315
AVERAGES $514,849     3,016 $167   149

Closed Sales

ADDRESS ORIGINAL PRICE SOLD PRICE % CHANGE # BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME DOM
1397 SKYE PKWY $499,000 $420,000 -16% 3 2.1 3,205 $131 DETACHD 132
AVERAGES $499,000 $420,000 -16%     3,205 $131   132

Criteria: Homes in the 97068 zip code, listed, ending 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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West Linn Real Estate Market Activity — January 25 – 31, 2010

Ron Ares February 1st, 2010

The final week of January 2010 brought far more listing (or re-listing) activity than pending or closed sales.

Please note that agents have a 4-day grace period to change the status of a listing in the MLS database from active to pending or pending to sold. This means that my stats may miss a few sold properties from week to week, particularly at the end of a month, when closings are more prevalent. I am considering delaying the display of sold properties by a week to give you a more thorough result.

Newly Listed

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT TYPE OF HOME
DATE LISTED
4875 WILLAMETTE FALLS DR $195,000 2 1 1,260 $155 DETACHD 1/26/10
2003 MARYLHURST DR $249,900 3 2.1 2,294 $109 DETACHD 1/29/10
2431 TULANE ST $279,000 3 1.1 1,200 $233 DETACHD 1/30/10
2782 OXFORD ST $299,500 2 1 1,656 $181 DETACHD 1/29/10
6134 CHEYENNE TER $299,900 4 2 2,322 $129 DETACHD 1/28/10
2112 BRIDLE WAY $329,900 4 3 2,521 $131 DETACHD 1/26/10
1692 19TH ST $335,000 4 2.1 2,004 $167 DETACHD 1/25/10
18350 LOWER MIDHILL DR $339,900 4 2 1,967 $173 DETACHD 1/25/10
19468 WILDERNESS DR $414,900 5 3.1 3,077 $135 DETACHD 1/30/10
28383 SW MOUNTAIN RD $494,900 3 2.1 2,493 $199 DETACHD 1/28/10
3820 KENTHORPE WAY $499,500 4 2.1 2,590 $193 DETACHD 1/25/10
19772 BELLEVUE WAY $499,900 4 2.1 3,550 $141 DETACHD 1/29/10
4145 IMPERIAL DR $589,900 5 3.1 3,593 $164 DETACHD 1/25/10
4071 IMPERIAL DR $599,000 4 3.1 4,338 $138 DETACHD 1/29/10
25665 KIMBERLY DR $649,900 5 3.1 4,700 $138 DETACHD 1/28/10
3918 NORTHHAMPTON CT $895,000 4 3.1 4,102 $218 DETACHD 1/26/10
1030 RANCHO LOBO LN $895,000 3 2.1 3,984 $225 DETACHD 1/28/10
21250 S WISTERIA RD $899,900 6 4 4,334 $208 DETACHD 1/26/10
29883 SW OLD WELL RD $1,100,000 4 3.1 4,019 $274 DETACHD 1/28/10
AVERAGES $519,263     2,948 $174    

Pending Sales

ADDRESS
LIST PRICE
TOTAL BEDS
TOTAL BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME
DOM
1818 16TH ST $169,000 3 1 1,026 $165 DETACHD 23
4406 RIVERVIEW AVE $232,500 4 2 1,776 $131 DETACHD 272
2332 BUCK ST $244,900 3 1.1 1,585 $155 DETACHD 150
6753 APOLLO RD $266,900 4 3 2,300 $116 DETACHD 42
19673 SUN CIR $320,000 4 3.1 3,058 $105 DETACHD 76
AVERAGES $246,660     1,949 $134   113

Closed Sales

ADDRESS ORIGINAL PRICE SOLD PRICE % CHANGE # BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME DOM
2412 MARGERY ST $224,900 $206,000 -8% 3 1.1 1,044 $197 DETACHD 177
2335 OSTMAN RD $389,900 $377,000 -3% 4 2.1 2,409 $156 DETACHD 223
2350 Haskins RD $600,000 $647,628 8% 4 2.1 3,230 $201 DETACHD 1
AVERAGES $404,933 $410,209 -1%     2,228 $185   134

Criteria: Homes in the 97068 zip code, listed, ending 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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West Linn Real Estate Market Activity – January 18-24, 2010

Ron Ares January 25th, 2010

Nine sale-pending homes highlight the week of January 18 through 24.

Newly Listed

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT TYPE OF HOME
DATE LISTED
20920 FAWN CT $119,900 1 1 720 $167 CONDO 1/22/10
20080 LARKSPUR LN $149,900 2 2 1,068 $140 CONDO 1/23/10
4050 SUMMERLINN DR $194,000 2 2 1,240 $156 CONDO 1/23/10
21815 WILLAMETTE DR $249,900 4 2 1,774 $141 DETACHD 1/24/10
2498 SADDLE CT $341,000 3 2.5 2,524 $135 DETACHD 1/22/10
2331 WILLAMETTE FALLS DR $389,500 4 2.1 2,855 $136 DETACHD 1/21/10
4556 Riverview $489,900 3 2.1 3,098 $158 DETACHD 1/18/10
4558 Riverview $489,900 3 2.1 3,098 $158 DETACHD 1/18/10
1923 FURLONG DR $493,950 4 2.1 2,505 $197 DETACHD 1/22/10
1812 SW GREENWAY CIR $499,500 3 2.1 2,774 $180 DETACHD 1/18/10
2288 Rogue WAY $539,900 3 3.1 3,173 $170 DETACHD 1/24/10
3424 CHELAN DR $549,900 4 2.1 3,157 $174 DETACHD 1/20/10
5163 FIRWOOD DR $549,900 4 3.1 3,715 $148 DETACHD 1/19/10
1025 9TH ST $724,900 4 3.1 3,925 $185 DETACHD 1/19/10
1870 RADCLIFFE CT $724,900 4 3.1 4,349 $167 DETACHD 1/20/10
22436 JOHNSON RD $1,200,000 3 2 2,462 $487 DETACHD 1/24/10
AVERAGES $481,684     2,652 $181    

Pending Sales

ADDRESS
LIST PRICE
TOTAL BEDS
TOTAL BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME
DOM
2784 SUNSET AVE $154,900 2 1 736 $210 DETACHD 42
1818 16TH ST $169,000 3 1 1,026 $165 DETACHD 14
2658 YORK ST $169,900 4 2 1,440 $118 DETACHD 145
22015 CHELAN LOOP $349,500 3 2.1 1,729 $202 CONDO 276
1397 SKYE PKWY $429,950 3 2.1 3,205 $134 DETACHD 132
1834 Joseph Fields ST $489,900 4 2.1 2,573 $190 DETACHD  
2057 WELLINGTON DR $525,000 4 3.1 5,945 $88 DETACHD 158
4782 COHO LN $649,900 5 3.1 3,611 $180 DETACHD 10
2475 BELLEVUE TER $749,900 4 3.1 4,364 $172 DETACHD 78
AVERAGES $409,772     2,737 $162   107

Closed Sales

ADDRESS ORIGINAL PRICE SOLD PRICE % CHANGE # BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME DOM
1781 OSTMAN RD $350,000 $350,000 0% 3 5 1,874 $187 DETACHD 105
19637 DERBY CT $699,000 $612,500 -12% 4 3.1 4,441 $138 DETACHD 75
18575 OLD RIVER DR $749,900 $651,705 -13% 4 3.1 3,179 $205 DETACHD 305
AVERAGES $599,633 $538,068 -8%     3,165 $177   162

Criteria: Homes in the 97068 zip code, listed, ending 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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West Linn Real Estate Market Activity — January 11 – 17, 2010

Ron Ares January 18th, 2010

We’re seeing plenty of activity in the West Linn real estate market in just the second week of the new year. Twenty-five new listings appear, and eight homes go sale pending with another eight closed.

Seven of the new listings are pre-sales for new construction in Barrington Heights on Beacon Hill Dr., between Wellington and Imperial.

Stay tuned later this week. I’ll be running the 2009 numbers and comparing them to the past couple years.

Newly Listed

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT TYPE OF HOME
DATE LISTED
2505 WOODHILL CT $259,000 3 2 1,394 $186 DETACHD 1/14/10
4176 IMPERIAL DR $274,900 3 2.1 1,877 $146 DETACHD 1/14/10
2025 MARYLWOOD CT $289,000 4 2 2,651 $109 DETACHD 1/14/10
1245 BEXHILL ST $315,000 3 2.1 1,823 $173 DETACHD 1/15/10
22015 CHELAN LOOP $349,500 3 2.1 1,729 $202 CONDO 1/12/10
22911 CLARK ST $416,000 5 2.1 2,827 $147 DETACHD 1/11/10
1928 FURLONG DR $493,500 3 2.1 2,570 $192 DETACHD 1/13/10
2924 BEACON HILL DR $498,000 3 2.1 2,164 $230 DETACHD 1/13/10
2988 BEACON HILL DR $525,000 4 2.1 2,606 $201 DETACHD 1/13/10
1891 6TH AVE $525,000 4 3.1 2,499 $210 DETACHD 1/14/10
22720 KOBUK CT $545,850 5 3.1 4,112 $133 DETACHD 1/11/10
2330 CRESTVIEW DR $545,950 5 3 3,500 $156 DETACHD 1/13/10
2952 BEACON HILL DR $588,000 3 2.1 2,897 $203 DETACHD 1/13/10
2976 BEACON HILL DR $598,000 4 2.1 3,126 $191 DETACHD 1/13/10
1848 MANCHESTER CT $618,000 4 2.1 3,398 $182 DETACHD 1/13/10
3093 KENSINGTON CT $629,000 4 3.1 4,048 $155 DETACHD 1/11/10
2730 BEACON HILL DR $649,000 4 2.1 3,317 $196 DETACHD 1/13/10
1088 DOLLAR ST $649,900 5 2.1 3,804 $171 DETACHD 1/13/10
4782 COHO LN $649,900 5 3.1 3,611 $180 DETACHD 1/12/10
23351 SW BOSKY DELL LN $649,950 3 3 2,862 $227 DETACHD 1/15/10
2510 SW BUCKMAN RD $699,900 3 2 2,183 $321 DETACHD 1/15/10
21357 WATERFORD PL $749,900 4 2.1 3,317 $226 DETACHD 1/11/10
23720 SW STAFFORD HILL DR $750,000 5 3.2 5,105 $147 DETACHD 1/11/10
21510 S SHANNON LN $989,000 3 3.1 3,915 $253 DETACHD 1/11/10
22675 JOHNSON RD $1,649,000 4 3.2 4,827 $342 DETACHD 1/11/10
AVERAGES $596,250     3,046 $195    

Pending Sales

ADDRESS
LIST PRICE
TOTAL BEDS
TOTAL BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME
DOM
2165 SNOWBERRY RIDGE CT $122,955 1 1 716 $172 CONDO 44
5575 SUMMERLINN WAY $183,500 2 2 1,290 $142 CONDO 653
5889 PERRIN ST $295,000 3 2 1,713 $172 DETACHD 201
6345 CAUFIELD ST $299,900 4 2.1 2,758 $109 DETACHD 153
1985 HILLCREST DR $300,900 5 3.1 3,300 $91 DETACHD 47
6292 EVERGREEN DR $395,000 4 3.1 3,293 $120 DETACHD 44
3563 VISTA RIDGE DR $414,900 3 2.1 2,750 $151 DETACHD 316
18575 OLD RIVER DR $749,900 4 3.1 3,179 $236 DETACHD 305
AVERAGES $345,257     2,375 $149   220

Closed Sales

ADDRESS ORIGINAL PRICE SOLD PRICE % CHANGE # BEDS
# BATHS
TOTAL SQ FT
$ PER SQ FT
TYPE OF HOME DOM
3850 CEDAR OAK DR $222,800 $225,000 1% 3 2 1,316 $171 DETACHD 20
4060 SUMMERLINN DR $304,900 $232,000 -24% 3 3 1,683 $138 CONDO 561
1514 HOLLY ST $299,000 $255,000 -15% 4 2 2,034 $125 DETACHD 267
1781 BUSE ST $449,000 $292,500 -35% 4 2.1 2,804 $104 DETACHD 467
1170 SWIFT SHORE CIR $319,770 $341,000 7% 3 3.1 2,867 $119 DETACHD 9
25225 SWIFT SHORE DR $359,000 $350,000 -3% 3 2.1 2,524 $139 DETACHD 3
19737 SUNCREST DR $425,000 $425,000 0% 3 2.1 2,552 $167 DETACHD 45
6260 HAVERHILL CT $639,000 $580,000 -9% 4 2.1 3,456 $168 DETACHD 266
AVERAGES $377,309 $337,563 -10%     2,405 $141   205

Criteria: Homes in the 97068 zip code, listed, ending 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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