Portland Area May 2024 Stats + LO

Here is your breakdown from the previous month/May for Portland and surrounding areas including LO broken out at the bottom. ***Be sure to check out the Neighborhood Report which categorizes down into smaller pieces.

Overview/Fluctuations ~ May 2024 Market Data:       

Activity in the overall Portland area is robust with prices continuing to increase steadily, and Inventory remaining lower than in years past. I’m told the outlook going forward is good now for interest rates, and, I feel like a brokern record sometimes, but it is a great time to make the life changes you’ve been putting off while prices remain where they are now and interest rates can be refinanced downward later. My intuition is that it will be an unusually busy July/August summer season.

Rates:“Recent GOOD news on the inflation front is helping. Rates are stable in the mid to upper 6% range.”  Gary Boyer, Regional VP, Gold Star Mortgage Financial

According to the RMLS Market Action Report for the Portland Metro Area May 2024:

  • There were 3,508 New Listings in May which is up 8.3% from 3,240 in May 2023 and up 12.4% from the 3,120 in the previous month/April.
  • At 2,140 May 2024’s Closed Sales (Solds) are up 6.6% from May 2023’s 2,008 and up 13.6% from the previous month’s total of 1,883.
  • At 2,363 May 2024’s Pending Sales (Accepted Offers) decreased 0.7% from May 2023’s 2,379, and are up .2% from the previous month/April’s total of 2,313.
  • The Average Sale Price for May 2024 of, $629,000 is up$10,200. from last year/May 2023’s $618,800, and up $10,100 from the p­­revious month/April’s $618,900. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in May 2024 of $558,500 is up $8,500 from May 2023’s $550,000, & up $15,500 from April’s $543,000  

LAKE OSWEGO: (Month of May ’24)

269 Active Listings (Apr 253)
198 New Listings  (Apr 165)
128 Pending Sales (Apr 107)
110 Closed Sales  (Apr 117)
Average Sale Price for May: $965,600 (Apr $1,029,900)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
54 Days on the Market   (Apr 58)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ June 3-9, 2024

Last week we saw 22 properties enter the market (New), 22 move to Pending status, and 12 that Sold/Closed in Lake Oswego. Right now there are 196 homes available ranging from $189,000 to $11,500,000.

Here is the breakdown:

NEW June 3-9, 2024

AddressList PriceBedsBathsSFProp Type
63 OSWEGO, Main$235,00011764CONDO
47 Eagle Crest DR, #24$240,00011672CONDO
86 CERVANTES CIR$250,00021.1912CONDO
220 RIDGEWAY RD, Upper$350,00021914CONDO
5225 JEAN RD, #313$400,000221200CONDO
3684 Spring LN, #2A$449,00022.11220CONDO
6435 FROST ST$725,00032.11838DETACHD
91 TANGLEWOOD DR$850,00032.23046DETACHD
6 BERNINI CT$875,00032.12756DETACHD
1053 NORTHSHORE PL$950,000321196DETACHD
4652 HASTINGS PL$988,00042.12215DETACHD
7 HILLSHIRE DR$995,000533062DETACHD
19428 RIVER RUN DR$1,075,00042.12918DETACHD
4500 WEST RD$1,179,00042.12479DETACHD
17251 GREENTREE AVE$1,299,000433064DETACHD
19 SCARBOROUGH DR$1,300,00032.12875DETACHD
2464 PALISADES CREST DR$1,450,00053.14012DETACHD
18560 WESTVIEW DR$1,500,00052.13411DETACHD
3300 SOUTHSHORE BLVD$1,549,99933.11346DETACHD
137 FURNACE ST, Upper$1,595,000321927CONDO
1049 NORTHSHORE PL$1,599,900442134DETACHD
1933 HIGHLANDS LOOP$5,595,00044.15768DETACHD

PENDING June 3-9, 2024

AddressList PriceBedsBathsSFProp TypeDays
86 CERVANTES CIR$250,00021.1912CONDO3
75 GALEN ST, Ground$303,00022989CONDO15
3818 BOTTICELLI ST$350,000321259CONDO17
88 GREENRIDGE CT$485,000221314ATTACHD57
64 GREENRIDGE CT$545,000321824ATTACHD5
19215 LONGFELLOW AVE$595,00031.11232DETACHD4
9 BLOCH TER$629,90032.11946ATTACHD7
5142 ROSEWOOD ST$725,00042.11784DETACHD5
5063 GREENSBOROUGH CT$785,00032.11730DETACHD11
18949 INDIAN CREEK AVE$799,90032.12177DETACHD63
6 BERNINI CT$875,00032.12756DETACHD2
868 9TH ST$950,000321562DETACHD5
4652 HASTINGS PL$988,00042.12215DETACHD3
1080 UPPER DEVON LN$1,150,00032.12335DETACHD28
3320 SOUTHSHORE BLVD$1,150,00043.12503DETACHD47
18020 ROYCE WAY$1,200,00042.12814DETACHD10
7 SCARBOROUGH DR$1,249,90042.13376DETACHD46
5511 WESTFIELD CT$1,345,00042.14035DETACHD56
814 LAKE SHORE RD$1,399,00032.22385DETACHD3
2464 PALISADES CREST DR$1,450,00053.14012DETACHD4
13707 FIELDING RD$1,450,000433277DETACHD93
19626 PERCH CT$1,899,00042.13494DETACHD24

SOLD June 3-9, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
350 CERVANTES CIR #1E$250,000$254,00021.1912CONDO10
15494 BRIANNE CT$469,000$469,00022.11320ATTACHD14
37 GREENRIDGE CT$495,000$474,50021.11176ATTACHD9
16061 WALUGA DR$519,000$520,00011676DETACHD22
5077 SW DAWN ST$619,900$548,000321572DETACHD5
4610 LAMONT WAY$775,000$775,000321770DETACHD26
14100 KNAUS RD$899,000$795,00032.12849DETACHD14
761 8TH ST$799,900$850,00021960DETACHD2
18225 SW 65TH AVE$870,000$870,00052.12210DETACHD32
4890 INDIAN CREEK CT$925,000$896,400322064DETACHD4
34 DA VINCI ST$950,000$937,00042.12875DETACHD6
17244 FERNWOOD DR$1,180,000$1,180,00042.12617DETACHD28
Criteria: Homes in the 97034 and 97035 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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings (***We’ve used “Days” in each category for ease of understanding) .

Lake Oswego Festival of the Arts

The LO Festival of the arts was founded in 1963, making this years show the 61st. It’s a real highlight of the year here in LO. The purpose of the festival is to showcase local art and artists, and to provide arts education for the entire community. This year’s event is happening June 21-23. It is being held in two locations. The Lakewood Center for the arts is located at 368 S State Street. The second location is right across the street in George Roger’s Park.

Every year there is a featured exhibit. This year’s is called “Imagine That”. It’s a really intriguing idea and pretty different from what they have done in the past. This year local school children, grades K-8, have been asked to create imaginary animals. Those drawings in turn have been given to professional artists who have re-imagined them using their own unique style. It will be really fascinating to see how one creation is transformed into a second one.

A second exhibit is called Open Hearts Big Dreams. It is a exhibit in which 17 artists have been invited to to paint and draw artwork that features “Ethiopian Dances”. Some of the art is being made during the exhibit, and some of it will be completed before. The work will be compiled into a book to be shared with families in Ethiopia.

Then there is the open show. It’s held in a big tent at the Lakewood Center. This is a juried exhibit for local artists. We have amazing talent in the Pacific Northwest and there are always some absolutely gorgeous work. Much of it is offered for sale, so it’s a great place to expand your own collection.

Across the street at George Roger’s Park is the “Art in the Park”. With over 100 booths of local craftsman selling their creations. There are also 2 stages where music is performed all weekend. This is also where you’ll find food and beverages available to round out your afternoon.

Parking can be tight, so there is a shuttle bus that allows you to park off site and get a ride to the event. For a pdf of the shuttle stops, click here.

Festival hours are Friday and Saturday, 9:00-6:00, and Sunday, 9:00-5:00. The festival is free admission. For more information, click here.

I hope to see your there!

Dianne

Market Activity May 27-June 2, 2024

New listings continue to come onto the market with strong numbers. Last week Lake Oswego had 22 properties come onto the market. Of those, 2 sold very fast and appear in this report as pending sales. 19 properties accepted offers and moved to pending status, and there were 13 closed sales.

See below for RMLS data.

New on the Market May 27-June 2, 2024

AddressTypePriceBedroomsBathsSq Feet
82 Cervantes CirCondo$234,99721.5912
5 Bloch TerAttached$599,00032.51971
6572 Dawn StDetached$669,950321032
17207 Rebecca LnDetached$769,99032.51917
5063 Greensborough CtDetached$785,00032.51730
5215 Bonita RdDetached$803,000321761
710 Timberline DrDetached$825,000432642
2390 South Shore BlvdDetached$849,900322493
16849 Lakeridge DrDetached$875,00042.52208
5045 Greensborough CtDetached$925,00042.52107
17802 Hillside WayDetached$1,075,00042.53004
26 Morningview CirDetached$1,175,000343228
18020 Royce WayDetached$1,200,00042.52814
4102 Chad DrDetached$1,250,00042.53067
6090 Carman DrDetached$1,350,00042.52118
12 Buckingham TerDetached$1,485,00063.53667
13562 Peters RdDetached$1,665,000433651
3060 Glenmorrie DrDetached$1,699,000324183
1901 Cheryl CtDetached$1,899,90044.55068
14190 Sundeleaf DrDetached$1,950,000543855

Pending Sales May 27-June 2, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
100 Kerr Pkwy #32Condo$180,0001161721
44 Eagle Crest Dr #38Condo$224,0001179865
4316 Botticelli StCondo$459,90032.52098107
35 Greenridge CtAttached$549,90032159614
23 Greenridge CtAttached$575,00021.5197227
5 Condolea DrCondo$625,00022.52157149
19250 Maree CtDetached$675,00032.515195
5170 Lakeview BlvdDetached$695,00032177120
4100 Chapman WayDetached$750,00042.519182
314 2nd StAttached$984,90033.5181433
4554 Wildwood StDetached$1,395,0003222063
4042 Canal Woods CtDetached$1,450,00043.5430252
18365 SW 65th AveDetached$1,475,00054333117
16625 Pacific HwyDetached$1,495,00043.5354216
19099 Megan PlDetached$1,575,00043.5440012
214 Northshore RdDetached$1,599,90033197865
3610 Eena RdDetached$2,587,00054.54128107
1255 Hoodview LnDetached$2,999,00043.5485285
915 Atwater RdDetached$3,695,00044.5410239

Sold/Closed May 27-June 2, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
4 Touchstone #106Condo$259,000$275,000984136
13675 Johnson TerDetached$749,000$635,000321026
5749 Windfield LoopDetached$749,000$740,000187330
18926 Indian Springs RdDetached$849,500$855,00028793
4575 Oakridge RdAttached$925,000$875,000197689
21 Hidalgo StDetached$990,000$907,500339225
757 4th StDetached$925,000$907,50013323
4913 Hastings DrDetached$1,125,000$1,121,33422801
16056 Reese RdDetached$1,199,500$1,199,50017368
3037 Tolkien LnDetached$1,275,000$1,275,00031592
5184 Woodcrest LnDetached$1,400,000$1,500,00032596
310 Chandler LnDetached$2,595,000$2,250,0003866113
1547 Glenmorrie DrDetached$2,250,000$2,300,00040644

Criteria:Homes in the 97034 and 97035 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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Lake Oswego Celebrates Pride Month!

During the month of June, the city of Lake Oswego celebrates the history, achievements and contributions of the LGBTQIA+ Community starting June 2nd with a Festival including booths and entertainment at Milennium Plaza Park from 12-4 and the raising of the Pride Month Flag & reading of the reading of the Pride Month Proclamation at City Hall at 4:30PM. ***Find out about more events during the month of June in Lake Oswego and around the area HERE

Market Activity ~ May 20-26, 2024

Last week Lake Oswego had 10 New properties enter the market, 19 move to Pending status, and 15 that Closed/Sold. Right now there are 187 properties available in Lake Oswego ranging from $219,000 to $11,500,000.

Here is the breakdown:

NEW May 20-26, 2024

AddressList PriceBedsBathSFProp Type
75 GALEN ST$303,00022989CONDO
3818 BOTTICELLI ST$350,000321259CONDO
19250 SW MAREE CT$675,00032.11519DETACHD
16317 KIMBALL ST$719,00031.11461DETACHD
559 SUNNY HILL DR$869,90042.12278DETACHD
3 HILLSHIRE DR$885,00042.12289DETACHD
10 GROUSE TER$898,00043.13462DETACHD
16700 GARY LN$1,140,00032.12100DETACHD
1970 GREENTREE RD$1,149,000432428DETACHD
4090 BUCK BRUSH LN$1,260,000433287DETACHD

PENDING May 20-26, 2024

AddressList PriceBedsBathsSFProp TypeDays
86 KINGSGATE RD i-201$299,80022840CONDO7
88 GREENRIDGE CT$510,000221314ATTACHD42
16309 LAKE FOREST BLVD$597,500321608DETACHD31
2818 POPLAR WAY$599,000311056DETACHD112
2001 BONNIEBRAE DR$645,00032.11739ATTACHD71
2251 FERNWOOD CIR$725,000632600DETACHD23
4959 Oakridge RD$749,00042.12148DETACHD5
761 8TH ST$799,90021960DETACHD5
127 ASH ST$824,90052.13211DETACHD63
559 SUNNY HILL DR$869,90042.12278DETACHD1
2 ABELARD ST$898,00033.13026DETACHD41
6081 CLAIRMONT CT$975,00042.12680DETACHD4
17787 BLUE HERON DR$995,000432519DETACHD69
16700 GARY LN$1,140,00032.12100DETACHD4
5501 RACHEL LN$1,250,00042.23669DETACHD21
16219 WHITE OAKS DR$1,289,00032.12862DETACHD4
2020 RIDGEWOOD LN$1,495,00032.13082DETACHD40
915 CEDAR ST$1,650,00043.13219DETACHD9
399 FURNACE ST$3,349,00033.14290CONDO192

SOLD May 20-26, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
4 TOUCHSTONE #128$250,000$250,00032.11350CONDO18
86 KINGSGATE RD D106$310,000$305,00022938CONDO11
16250 PACIFIC HWY #65$295,000$314,00011841CONDO8
16250 S Pacific HWY #43$395,000$373,250221305CONDO15
15275 BOONES WAY$629,000$629,000221320ATTACHD13
38 GREENRIDGE CT$584,900$632,50032.11996ATTACHD4
4295 WOODSIDE CIR$675,500$635,000322026ATTACHD2
4520 TRILLIUM WOODS$889,000$889,00032.11992ATTACHD3
830 LAKE FOREST DR$950,000$987,500422517DETACHD3
3311 FIR RIDGE RD$998,000$1,000,00032.12123DETACHD3
13660 SHIREVA DR$1,295,000$1,220,000432697DETACHD18
4050 PFEIFER CT$1,695,000$1,660,00043.14078DETACHD5
4956 PARK BLUFF PL$1,995,000$1,845,00043.14074DETACHD628
17660 WAYSIDE LN$2,600,000$2,000,00055.15975DETACHD91
1940 HIGHLANDS LOOP$2,695,000$2,420,00044.24080DETACHD47
Criteria: Homes in the 97034 and 97035 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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings (***We’ve used “Days” in each category for ease of understanding) .

Lake Oswego Heritage Council

Lake Oswego has a long and rich history, and that history is carefully preserved and recognized by the Lake Oswego Heritage Council. Located in a gracious old-colonial home that graces the intersection of 10th Street and A Avenue, the house hosts a variety of events.

There is a permanent historical exhibit that begins with local Native American history and progresses through time to current history and information. There are also featured exhibits that represent current research that has been accomplished by the council in recent years. There is a spectacular rose garden that is a must see in June.

The house can be rented out for special events and it is used quite a lot for community meetings.

On June 29th the LO Heritage Council, along with the West Linn Historical Society, are hosting the Bootleggers Ball. The event will feature a jazz band, dancing, and a silent auction. Attendees are encouraged to dress with a 1920’s speakeasy in mind. It should be a lot of fun and the proceeds will benefit both historical associations. For more information, click here.

Another great event that the LO Heritage Council hosts each year is the Collector Car and Classic Boat Show. This years event will be on August 25th from 9am to 3pm. The event is held in George Roger’s Park.

Then there are educational programs and lecture series. If you’re a history buff, you’ll want to get involved. If you are not a history buff, you’ll still find value in the various events that are hosted. For more information, click here.

Happy Memorial Day and thank you for reading the blotter.

Dianne

Market Activity May 13-19, 2024

Last week in Lake Oswego there was a surge of new listings. 27 properties came onto the market. Of those, 3 sold quickly and appear in this report as pending sales. There were 17 properties that accepted offers and went into pending status, and there were 15 sold/closed transactions.

See below for RMLS data.

New on the Market May 13-19, 2024

AddressTypePriceBedroomsBathsSq Feet
4 TouchstoneCondo$325,00032.51351
5057 Foothills Dr #bCondo$469,000221252
35 Greenridge CtAttached$549,900321596
120 Condolea DrCondo$739,000332958
18959 Kristi WayDetached$765,000321783
1690 Woodland TerDetached$830,00032.51933
2 Creekside TerDetached$879,00052.52905
610 Boca Ratan DrDetached$879,000422566
5081 Greensborough CtDetached$925,00042.52142
6081 Clairmont CtDetached$975,00042.52680
17900 Westview DrDetached$998,00032.51960
13551 Southwood CtDetached$1,175,00042.53217
3 Scarborough DrDetached$1,190,000543778
1193 Troon RdDetached$1,200,00032.52659
18365 65th AveDetached$1,475,000543331
16625 Pacific HwyDetached$1,495,00043.53542
19099 Megan PlDetached$1,575,00043.54400
915 Cedar StDetached$1,650,00043.53219
19626 Perch CtDetached$1,899,00042.53370
17309 Westview DrDetached$2,395,00043.53973
17288 Blue Heron RdDetached$2,550,00042.54128
3876 Lake Grove AveDetached$2,699,00053.54205
455 G AveDetached$3,250,00053.54819
4340 Lakeview BlvdDetached$4,750,00054.54191

Pending Sales May 13-19, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
4000 Carman Dr A8Condo$325,0002228691
16250 Pacific Hwy #46Condo$414,000221305259
37 Greenridge CtAttached$495,00021.5117628
18296 Indian Springs RdDetached$849,5005328793
383 Ash StDetached$850,00032.518108
15555 Heritage CtDetached$884,90032.5225368
1 El Greco StDetached$899,91442.522961
17942 Saint Clair DrDetached$925,00042.5253313
4737 Lakeview BlvdDetached$950,00042.5254610
14231 Edenberry DrDetached$999,99942.5293688
19237 Terry AveDetached$1,089,00053.529199
4079 Coltsfoot LnDetached$1,089,00044330882
17244 Fernwood DrDetached$1,180,00042.526174
2917 Westview CirDetached$1,690,00054.543434
4350 Lords LnDetached$2,175,0005440224
529 8th StDetached$2,299,90043.53569178
1192 Andrews RdDetached$2,695,00054,546064

Sold/Closed May 13-19, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
86 Kingsgate Rd #46Condo$335,000$335,0009383
16250 Pacific Hwy #58Condo$369,900$362,500130517
14362 Sherbrook PlAttached$499,000$465,0001279184
69 Condolea TerCondo$620,000$616,00021572
16902 Lower Meadows DrDetached$724,900$700,0001768189
2924 Orchard Hill PlDetached$754,900$760,00022641
2703 Orchard Hill PlDetached$745,000$815,00032924
2912 Orchard Hill PlDetached$990,000$967,50035722
13536 Streamside DrDetached$1,249,000$1,249,00030024
3875 Carman DrDetached$1,395,000$1,434,369329062
1687 Village Park LnDetached$1,599,000$1,540,0003
940 Capilano CtDetached$1,675,000$1,675,00034544
729 3rd StDetached$1,750,000$1,745,000274827
17228 Blue Heron RdDetached$1,875,000$1,769,0004236248
1012 Lake Front RdDetached$3,499,900$3,177,4004735527

Criteria:Homes in the 97034 and 97035 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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Portland Area April 2024 Stats + LO

Here is your breakdown from the previous month/April for Portland and surrounding areas including LO broken out at the bottom. ***Be sure to check out the Neighborhood Report which categorizes down into smaller pieces.

Overview/Fluctuations ~ April 2024 Market Data:

The biggest takeway for me from April’s report is that prices are increasing, and significantly, over the prior month in almost every area.  Inventory remains low only inching up slightly, but we saw a spike in New Listings which were up 28.7% over the prior month. I’m always watching the changes and looking for trends. Though we have low inventory, prices are trending up at a good pace, and it’s better to buy when prices are lower and refi later than wait for rates to drop & pay more.

Rates: “Positive reports on inflation are pushing rates down into the upper 6% range.”               Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report for the Portland Metro Area April 2024:

  • There were 3,120 New Listings in April which is up 17.6% from 2,653 in April 2023 and up 28.7% from the 2,425 in the previous month/March.
  • At 1,883 April 2024’s Closed Sales (Solds) are up 10.3% from April 2023’s 1,707 and up 19.3% from the previous month’s total of 1,578.
  • At 2,313 April 2024’s Pending Sales (Accepted Offers) are up 6.9% from March 2023’s 2,164, and up 8.2% from the previous month/March’s total of 2,138.
  • The Average Sale Price for March 2024 of, $618,900 is up$12,800. from last year/April 2023’s $606,100, and up $28,500 from the p­­revious month/March’s $590,400. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in April 2024 of $543,000 is up $13,000 from April 2023’s $530,000, & up $8,000 from March’s $535,000  

LAKE OSWEGO: (Month of April ’24)

253 Active Listings (Mar 185)
165 New Listings  (Mar 147)
107 Pending Sales (Mar 121)
117 Closed Sales  (Mar 78)
Average Sale Price for April: $1,029,900 (Mar $1,094,000)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
58 Days on the Market   (Mar 85)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ May 6-12, 2024

Last week we had 18 properties enter the market in Lake Oswego, another 18 move to Pending status, and 7 that Sold/Closed. Right now there are 173 homes available ranging from $180,000 to $11,500,000.

Here is the breakdown:

NEW May 6-12, 2024

AddressList PriceBedsBathsSFProp Type
44 EAGLE CREST DR #12$239,90011798CONDO
45 EAGLE CREST DR #422$295,000321348CONDO
4 TOUCHSTONE #77$365,00032.11351CONDO
16411 SW LAKE FOREST BLVD$400,000321774DETACHD
825 OAK ST$685,000321339DETACHD
5170 LAKEVIEW BLVD$695,000321771DETACHD
18926 INDIAN SPRINGS RD$849,500532879DETACHD
383 ASH ST$850,00032.11810DETACHD
16942 CANAL CIR$875,000321551DETACHD
4737 LAKEVIEW BLVD$950,00042.12546DETACHD
4913 HASTINGS DR$1,125,00032.12280DETACHD
1080 UPPER DEVON LN$1,150,00032.12335DETACHD
17244 FERNWOOD DR$1,180,00042.12617DETACHD
1921 Indian Trail$1,199,000332882DETACHD
14863 TWIN FIR CT$1,200,000432028DETACHD
1125 C AVE$1,425,000432574DETACHD
4350 LORDS LN$2,175,000544022DETACHD
19331 SW LORNA LN$2,350,00043.15496DETACHD
2240 Summit CT$3,580,00033.15373DETACHD
1007 LAKE FRONT RD$5,500,000444342DETACHD

PENDING May 6-12, 2024

AddressList PriceBedsBathsSFProp TypeDays
350 CERVANTES CIR #1E$250,00021.1912CONDO14
86 KINGSGATE RD, D106$310,00022938CONDO11
16411 SW LAKE FOREST BLVD$400,000321774DETACHD2
16061 WALUGA DR$519,00011676DETACHD2
16841 CORTEZ CT$565,00031988DETACHD9
5749 WINDFIELD LOOP$749,000331873DETACHD30
4610 LAMONT WAY$775,000321770DETACHD14
18225 SW 65TH AVE$870,00052.12210DETACHD32
16942 CANAL CIR$875,000321551DETACHD1
34 DA VINCI ST$950,00042.12875DETACHD10
830 LAKE FOREST DR$950,000422517DETACHD3
62 Touchstone$999,500533972DETACHD45
4913 HASTINGS DR$1,125,00032.12280DETACHD1
12730 ADRIAN CT$1,386,00042.13014DETACHD71
2020 RIDGEWOOD LN$1,495,00032.13082DETACHD24
19158 MEGAN PL$1,549,00043.14910DETACHD12
4050 PFEIFER CT$1,695,00043.14078DETACHD5
1547 GLENMORRIE DR$2,250,00043.14064DETACHD4

SOLD May 6-12, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
100 KERR PKWY #41$225,000$225,00021.1822CONDO26
334 CERVANTES$235,000$235,00021832CONDO4
45 EAGLE CREST DR #207$250,000$235,10021.11056CONDO
8 DEL PRADO ST$1,125,000$1,040,000533548DETACHD8
818 ASH ST$1,395,000$1,150,000321500DETACHD66
4098 PFEIFER CT$1,299,000$1,350,00053.13260DETACHD3
17257 BRYANT RD$1,880,000$1,680,00053.24789DETACHD239
Criteria: Homes in the 97034 and 97035 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, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings (***We’ve used “Days” in each category for ease of understanding) .