The Lake Oswego real estate market is moving along the past couple weeks at a pretty healthy clip. Since our last report, 28 homes have sold or gone under contract. Of course, another 50 listings entered the market, so inventory is still up there, too.
Here is the latest Lake Oswego real estate market activity report (look to the bottom for definitions and research criteria):
NEWLY LISTED (May 5 – 11, 2008)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
LIST DATE
|
| 4000 CARMAN DR |
$148,000
|
1
|
1
|
767
|
CONDO |
5/5
|
| 45 EAGLE CREST DR |
$149,900
|
1
|
1
|
600
|
CONDO |
5/8
|
| 47 EAGLE CREST DR |
$153,500
|
2
|
1
|
932
|
CONDO |
5/7
|
| 46 CRESTFIELD CT |
$175,000
|
2
|
1
|
923
|
CONDO |
5/4
|
| 750 1ST ST |
$239,000
|
2
|
2
|
1,350
|
CONDO |
5/6
|
| 296 CERVANTES |
$259,900
|
2
|
2.1
|
1,137
|
CONDO |
5/6
|
| 16250 PACIFIC HWY |
$269,850
|
2
|
2
|
1,311
|
CONDO |
5/7
|
| 200 BURNHAM RD |
$289,850
|
2
|
2
|
1,335
|
CONDO |
5/6
|
| 200 BURNHAM RD |
$309,850
|
2
|
1
|
1,216
|
CONDO |
5/6
|
| 200 BURNHAM RD |
$315,850
|
2
|
1
|
1,216
|
CONDO |
5/6
|
| 16470 SW CARNEGIE AVE |
$319,000
|
3
|
2
|
1,040
|
DETACHD |
5/10
|
| 200 Burnham RD |
$319,850
|
2
|
2
|
1,313
|
CONDO |
5/6
|
| 4454 THUNDER VISTA LN |
$324,900
|
2
|
2.1
|
2,040
|
CONDO |
5/8
|
| 17239 REBECCA LANE |
$399,900
|
4
|
2.1
|
1,970
|
DETACHD |
5/4
|
| 2760 OVERLOOK DR |
$419,900
|
4
|
2.1
|
2,441
|
DETACHD |
5/7
|
| 16400 WESTVIEW RD |
$429,500
|
2
|
1
|
1,217
|
DETACHD |
5/7
|
| 907 BULLOCK ST |
$429,500
|
4
|
2
|
2,020
|
DETACHD |
5/7
|
| 18156 PIONEER CT |
$429,900
|
3
|
2
|
1,600
|
DETACHD |
5/8
|
| 2638 GREENTREE RD |
$449,900
|
4
|
2
|
2,373
|
DETACHD |
5/4
|
| 615 LAKE BAY CT |
$469,000
|
4
|
2
|
2,542
|
DETACHD |
5/6
|
| 4188 COBB WAY |
$479,000
|
4
|
2
|
2,192
|
DETACHD |
5/8
|
| 17920 DEERBRUSH AVE |
$489,900
|
4
|
3
|
2,410
|
DETACHD |
5/8
|
| 441 9TH ST |
$499,900
|
3
|
2
|
2,408
|
DETACHD |
5/9
|
| 17101 CHAPIN WAY |
$499,900
|
3
|
2
|
1,949
|
DETACHD |
5/10
|
| 15611 SW PARTRIDGE DR |
$529,900
|
4
|
2.1
|
2,300
|
DETACHD |
5/4
|
| 5434 YORKSHIRE PL |
$559,000
|
3
|
3
|
2,335
|
DETACHD |
5/4
|
| 1041 OXFORD DR |
$564,500
|
4
|
3.1
|
2,712
|
DETACHD |
5/4
|
| 2751 SUMMIT DR |
$565,900
|
3
|
2
|
2,278
|
DETACHD |
5/8
|
| 6351 SW BURMA RD |
$649,900
|
2
|
1
|
2,016
|
DETACHD |
5/8
|
| 4 CAMELOT CT |
$649,900
|
5
|
3
|
3,344
|
DETACHD |
5/10
|
| 5492 YORKSHIRE PL |
$649,990
|
4
|
2.1
|
2,515
|
DETACHD |
5/5
|
| 17 CELLINI CT |
$655,000
|
5
|
3.1
|
3,066
|
DETACHD |
5/4
|
| 52 CONDOLEA CT |
$695,000
|
2
|
2.1
|
2,958
|
CONDO |
5/4
|
| 18086 JENIFERS WAY |
$719,900
|
3
|
2.1
|
2,566
|
DETACHD |
5/5
|
| 5644 SUNCREEK DR |
$774,500
|
4
|
3.1
|
3,524
|
DETACHD |
5/9
|
| 13234 DEERFIELD CT |
$779,000
|
4
|
3
|
3,366
|
DETACHD |
5/4
|
| 9 JUAREZ ST |
$805,000
|
3
|
3.1
|
2,823
|
DETACHD |
5/5
|
| 586 WEIDMAN CT |
$839,900
|
5
|
3.1
|
3,796
|
DETACHD |
5/4
|
| 645 Country Club RD |
$859,900
|
4
|
2.1
|
3,262
|
DETACHD |
5/6
|
| 1273 WELLS ST |
$888,500
|
3
|
3
|
4,001
|
DETACHD |
5/7
|
| 2941 WESTVIEW CIR |
$925,000
|
4
|
2.1
|
3,075
|
DETACHD |
5/7
|
| 4136 CASEY CT. |
$998,850
|
5
|
3.1
|
3,998
|
DETACHD |
5/5
|
| 2430 SUMMIT CT |
$1,400,000
|
2
|
2
|
2,911
|
DETACHD |
5/4
|
| 16545 MAPLE CIR |
$1,439,000
|
3
|
2.1
|
3,336
|
DETACHD |
5/5
|
| 2201 HAZEL RD |
$1,725,000
|
5
|
3.1
|
5,446
|
DETACHD |
5/5
|
| 320 CHANDLER PL |
$2,300,000
|
5
|
3.1
|
4,675
|
DETACHD |
5/4
|
PENDING SALES (May 5 – 11, 2008)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
PENDING DATE
|
| 343 5TH ST |
$319,500
|
2
|
1
|
910
|
CONDO |
3/31
|
| 4840 LAMONT WAY |
$324,500
|
3
|
2
|
1,773
|
DETACHD |
3/7
|
| 4902 SW CHILDS RD |
$385,000
|
3
|
1.1
|
1,370
|
DETACHD |
3/28
|
| 727 9th Street |
$395,000
|
1
|
1
|
780
|
DETACHD |
12/14
|
| 12821 SIERRA VISTA DR |
$649,900
|
5
|
3.1
|
3,329
|
DETACHD |
3/5
|
| 1630 COUNTRY COMMONS |
$1,050,000
|
4
|
2.1
|
3,776
|
DETACHD |
4/10
|
| 1501 COUNTRY CLUB RD |
$1,249,000
|
4
|
4
|
4,687
|
DETACHD |
5/1
|
| 12210 SW ORCHARD HILL RD |
$1,695,000
|
4
|
3.2
|
4,640
|
DETACHD |
3/26
|
| 1730 NORTHSHORE RD |
$1,775,000
|
3
|
4
|
3,625
|
DETACHD |
1/6
|
SOLD (April 28 – May 4, 2008)
| ADDRESS | ORIG. PRICE | SOLD PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| 16200 PACIFIC HWY |
$438,850
|
$309,850
|
2
|
2
|
1,200
|
CONDO |
643
|
| 14331 SHERBROOK PL |
$529,000
|
$325,000
|
3
|
2
|
1,952
|
DETACHD |
599
|
| 615 LAKE BAY CT |
$469,000
|
$405,950
|
4
|
2
|
2,542
|
DETACHD |
2
|
| 17200 CANAL CIR |
$430,000
|
$410,000
|
2
|
1.1
|
1,814
|
DETACHD |
124
|
| 4630 WILDWOOD ST |
$429,900
|
$415,000
|
3
|
2
|
2,067
|
DETACHD |
20
|
| 1307 CEDAR ST |
$499,950
|
$430,626
|
4
|
3
|
2,162
|
DETACHD |
207
|
| 1711 HIGHLAND DR |
$449,000
|
$455,000
|
3
|
2.1
|
1,926
|
DETACHD |
2
|
| 18781 INDIAN CREEK WAY |
$480,000
|
$480,000
|
4
|
2.1
|
2,076
|
DETACHD |
9
|
| 14 PREAKNESS CT |
$495,000
|
$485,000
|
2
|
2.1
|
2,047
|
ATTACHD |
11
|
| 16872 QUAIL CT |
$824,900
|
$730,900
|
4
|
3.1
|
3,120
|
DETACHD |
22
|
| 17912 MEADOWLARK LN |
$1,299,500
|
$750,000
|
4
|
3
|
3,087
|
DETACHD |
410
|
| 5322 ROSALIA WAY |
$799,000
|
$800,000
|
4
|
2.1
|
3,767
|
DETACHD |
4
|
| 17577 BROOKHURST DR |
$898,000
|
$870,000
|
3
|
2.1
|
3,894
|
DETACHD |
128
|
| 18323 LOTHLORIEN WAY |
$949,000
|
$886,000
|
4
|
3.1
|
3,550
|
DETACHD |
34
|
| 17237 Lowenberg TER |
$1,049,000
|
$962,500
|
3
|
2.1
|
3,095
|
DETACHD | |
| 18026 SKYLAND CIR |
$1,490,000
|
$1,368,684
|
5
|
3.1
|
4,086
|
DETACHD |
68
|
| 18284 MEADOWLARK LN |
$1,699,900
|
$1,480,000
|
4
|
4.2
|
5,648
|
DETACHD |
15
|
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.

Amenities include the Municipal Golf Course, parks, a dog park, community swimming pool, and the new “boutique” senior living center, “The Stafford”, which is situated across the street from the high school, three athletic fields and yet another dog park. This location, we are told, was intentionally chosen in order to meld the young and the elderly in a real community atmosphere where all phases of life are acknowledged and celebrated.
Lake Grove is located West of Oswego Lake and East of Interstate 5. It includes a vibrant business district along Boones Ferry Rd with many shops, offices, and restaurants. The neighborhood was platted in 1912 and grew as a result of the Goodin Station train stop between Oswego and Tualatin. The old train station and market were long ago converted to a very charming residence and can still be found today. If I were trying to find a word to describe Lake Grove it would be “diverse”. There is just simply a very wide variety of housing and businesses in Lake Grove.
The City of Lake Oswego has spent the last decade doing a major overhaul of its commercial districts. Millenium Plaza Park and the Village Center at the East end of town were completed through this revitalization effort several years ago and have been wildly successful. A similar effort is just beginning in Lake Grove.