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
| 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
| 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
| 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.
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?
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:
| 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.
| 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.
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
| 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
| 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
| 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.
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
| 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
| 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
| 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.
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
| 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
| 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
| 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.
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
| 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
| 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
| 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.
Ron Ares January 25th, 2010
Nine sale-pending homes highlight the week of January 18 through 24.
Newly 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
| 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
| 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.
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
| 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
| 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
| 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.
Ron Ares January 11th, 2010
The turn of the calendar year brings a season of new beginnings for many, and so it is in real estate. This week in West Linn, we see a heavy load (20) of new properties coming on the market, but twelve of the homes are relistings from 2009. Of the twelve relisted, seven were also repriced.
As the year begins, you may also notice the MLS ID numbers are now in the 1000000 series. RMLS changes series numbers each year, so listings in the 900000 series are 2009-vintage. We’ll see more listings get refreshed as the month goes on.
A couple notes: The Sweetbriar home was a bank-owned property (REO). It had three agents marketing it over the past year, starting at the $1.299M price. After foreclosure, the bank listed it at $600,000. The Wellington property (active) is also bank-owned.
Newly Listed
| 4427 CORNWALL ST |
$128,000 |
2 |
1.1 |
1,120 |
$114 |
CONDO |
1/5/10 |
| 2764 SUNSET AVE |
$272,000 |
3 |
2 |
2,460 |
$111 |
DETACHD |
1/8/10 |
| 1933 16TH ST |
$289,900 |
3 |
2 |
1,641 |
$177 |
DETACHD |
1/4/10 |
| 2215 CRESTVIEW DR |
$379,000 |
3 |
2 |
2,451 |
$155 |
DETACHD |
1/6/10 |
| 1063 Meek WAY |
$392,960 |
3 |
2.1 |
1,801 |
$218 |
DETACHD |
1/10/10 |
| 3248 SABO LN |
$417,000 |
4 |
3.1 |
3,935 |
$106 |
ATTACHD |
1/5/10 |
| 18906 UPPER MIDHILL DR |
$437,950 |
4 |
2.1 |
2,246 |
$195 |
DETACHD |
1/5/10 |
| 1093 EPPERLY WAY |
$439,000 |
3 |
2.1 |
2,663 |
$165 |
DETACHD |
1/5/10 |
| 1810 BAY MEADOWS DR |
$439,000 |
3 |
2.1 |
2,085 |
$211 |
DETACHD |
1/4/10 |
| 4558 RIVERVIEW |
$449,900 |
4 |
2.1 |
3,098 |
$145 |
DETACHD |
1/4/10 |
| 4556 RIVERVIEW |
$449,900 |
3 |
2.1 |
3,098 |
$145 |
DETACHD |
1/4/10 |
| 1337 TROON DR |
$514,999 |
5 |
3.1 |
4,486 |
$115 |
DETACHD |
1/8/10 |
| 2057 WELLINGTON DR |
$525,000 |
4 |
3.1 |
5,945 |
$88 |
DETACHD |
1/4/10 |
| 3793 ROSEPARK DR |
$538,950 |
4 |
3 |
3,023 |
$178 |
DETACHD |
1/7/10 |
| 3371 COEUR D ALENE DR |
$549,900 |
4 |
3 |
3,380 |
$163 |
DETACHD |
1/8/10 |
| 3070 S ROXBURY CT |
$599,900 |
3 |
2.2 |
3,226 |
$186 |
DETACHD |
1/8/10 |
| 4027 IMPERIAL DR |
$629,950 |
4 |
3.1 |
3,973 |
$159 |
DETACHD |
1/6/10 |
| 3430 BELKNAP DR |
$659,000 |
4 |
2.1 |
3,367 |
$196 |
DETACHD |
1/8/10 |
| 2122 MARYLWOOD CT |
$686,950 |
4 |
3.1 |
3,900 |
$176 |
DETACHD |
1/7/10 |
| 23525 JOHNSON RD |
$769,900 |
3 |
2.1 |
3,073 |
$251 |
DETACHD |
1/10/10 |
| AVERAGES |
$478,458 |
|
|
3,049 |
$163 |
|
|
Pending Sales
| 2055 Tumwater ST |
$249,900 |
3 |
2.1 |
2,472 |
$101 |
DETACHD |
331 |
| 1393 Buck ST |
$489,000 |
4 |
2.1 |
2,717 |
$180 |
DETACHD |
402 |
| AVERAGES |
$369,450 |
|
|
2,595 |
$141 |
|
367 |
Closed Sales
| 5182 NELCO CIR |
$419,900 |
$400,000 |
-5% |
4 |
2.1 |
2,736 |
$146 |
DETACHD |
11 |
| 20328 FERNVIEW RD |
$649,000 |
$490,000 |
-24% |
4 |
4 |
3,288 |
$149 |
DETACHD |
232 |
| 21215 S SWEETBRIAR RD |
$1,299,000 |
$635,001 |
-51% |
4 |
4 |
4,030 |
$158 |
DETACHD |
18 |
| AVERAGES |
$789,300 |
$508,334 |
-27% |
|
|
3,351 |
$152 |
|
87 |
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.
