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JULY 2009

the gardner report A to-the-point monthly analysis of the residential real estate market in Sherwood, Oregon


JULY 2009

the gardner report

Market Report Criteria: July Numbers for Single Family Residential (SFR) Detached Homes on Lots NOT Exceeding .25 Acre in Sherwood, Oregon 97140 • • • •

Sherwood Homes for Sale: 113 (Of these listings, 33 were listed/relisted in July.) Sherwood Homes Sale Pending: 23 Sherwood Homes SOLD in July: 21 Grand Total of ALL Sherwood Homes SOLD Year-to-Date: 110

With pending sales up over last month, it’s no wonder that we’re seeing a few less homes on the market to compete with. As we approach mid-August we’re sure to see another push in activity as families hurry to settle on finding a new home before the school year kicks off in September. While it is still a buyers market, we’re seeing great signs of stability in more ways than one. The clock is ticking on great incentives offered to first time home buyers. Again this month, we’re seeing some homes sell much faster than in previous months, and at times with back up offers on the table. Of the 21 Sherwood home sales in this criteria during July, one in particular was a property listed by The Gardner Team on Elder View Drive in Sherwood’s sought after Woodhaven community. It was only on the market 3 days before one of several offers was accepted. During this time, the average “sold” dollar per square foot according to RMLS was recorded at $147.00. This property on Elder View Drive sold for top dollar amongst its direct competition at $181.81 per square foot and as you can see, in record time. Creating demand for Sherwood or surrounding area homes is nothing new to The Gardner Team. You can expect a higher-level of service and results when you hire our team. We’ll save you time, money and undo stress. As your top Sherwood real estate team, please let us know how we can be of service to you when looking to purchase or sell real estate in the Sherwood Oregon area.

NEW on TheGardnerTeam.net Monthly VIDEO Market Reports Go to www.TheGardnerTeam.net And Click on “Today’s Market”


JULY 2009

gardner properties

www.BeavertonLiving.net 13920 Scholls Ferry, Beaverton 1477 SF | 4 Bed | 2.5 Bath BUMPABLE‌ $179,900

www.1LevelHome.com 15170 S Greentree, Oregon City 1542 SF | 3 Bed | 2 Bath BUMPABLE‌ $229,500

www.EasySherwoodLiving.com 23274 SW Pine Street, Sherwood 1440 SF | 4 Bed | 1/4 Acre Lot JUST LISTED‌ $229,900

www.LivinginWoodhaven.com Woodhaven in Sherwood 1342 SF | 3 Bed | 2.5 Bath Just SOLD in 3 Days - $244,000

www.TigardLiving.com

Tigard Oregon 1948 SF | 4 Bed | 2.5 Bath JUST SOLD‌ $249,900

www.SherwoodOneLevel.com 17132 King Richard, Sherwood 1423 SF | 3 Bed | 2 Bath Priced to Sell‌ $259,900

www.BullMountainHomes.com 15632 Bristlecone, Tigard 1489 SF | 3 Bed | 2.5 Bath Priced to Sell‌ $264,900

15710 Thrasher Way, Sherwood 1899 SF | 3 Bed | 2.5 Bath PEDIG in 1 Day‌ $269,900

www.BeautifulWoodhavenLiving.com

www.BeautifulSherwoodLiving.com

17643 Ballard Lane, Sherwood 1899 SF | 3 Bed | 2.5 Bath BUMPABLE‌ $299,900

15945 Madrona Lane, Sherwood 2454 SF | 4 Bed | 3.5 Bath Priced to Sell‌ $309,000

www.HomeinWoodhaven.com 16892 Stellar Drive, Sherwood 2090 SF | 4 Bed | 3.5 Bath Priced to Sell‌ $319,900

www.NewbergLiving.com 221 Acorn Street, Newberg 2805 SF | 5 Bed | 3 Bath Priced to Sell‌ $329,750

(971) 832.1234 | www.TheGardnerTeam.net New Listings . Current Prices . More Photos . Virtual Tours . Property Details . Market Reports

www.SherwoodVillageLiving.com


JULY 2009

gardner properties

www.LivinginWoodhaven.com 23548 Voss Place, Sherwood 1948 SF | 4 Bed | 2.5 Bath JUST LISTED‌ $329,900

www.HomeSweetSherwoodHome.com

www.SherwoodOregonLand.com 18900 Holznagel Road, Sherwood 7.10 Acres in the Wine Country Priced to Sell‌ $575,000

www.OregonVineyardEstate.com 21685 Lebeau Road, Sherwood 5 Acre Luxury Vineyard Estate SALE PEDIG‌ $949,900

17140 Houston Court, Sherwood 1812 SF | 3 Bed | 2.5 Bath Priced to Sell‌ $329,900

www.WoodhavenLiving.com 17344 Carlson Street, Sherwood 2309 SF | 4 Bed | 2.5 Bath SALE PEDIG‌ $358,000

www.SherwoodCountryLiving.com

20415 Chapman Road, Sherwood 5.53 Acres - Build to Suit Priced to Sell‌ $449,900

www.SherwoodEquestrianEstate.com

www.OregonWIneCountryLiving.com

24400 Baker Road, Sherwood 5 Acres | 3360 SF Remodel JUST LISTED‌ $1,150,000

21133 Lebeau Road, Sherwood 19.76 Acres - Vineyard Potential Priced to Sell‌ $1,225,000

The Results You Want. The Realtor You Need. Recommended as the area experts for those who are looking to purchase and/or sell Residential Homes, Luxury Estates, Lots & Land and New Construction Real Estate.

Living in Sherwood, serving in Sherwood and surrounding areas!

Jason H. gardner ardner Team.net

Th e G Top 1% | MDC | ALHS | LPS | AHS

(971) 832.1234 | www.TheGardnerTeam.net New Listings . Current Prices . More Photos . Virtual Tours . Property Details . Market Reports


July 2009 Gardner Real Estate Report: Sherwood Oregon