There is been lots of media coverage of late talking about our house prices and how they are climbing quickly. That is holding true throughout the Portland area and Lake Oswego is no exception. It is summer and the real estate market is hot. We are continuing to see high demand and the good news is that the new listings continue to happen. Last week LO had 30 new listings, 27 houses go into pending status, and 21 closed sales.
Following is the breakdown for you according to RMLS:
New on the Market (July 11-7, 2016)
| Address | Type | Price | BR | Baths | Sq Ft |
| 54 Galen St | Condo | $248,000 | 2 | 2 | 995 |
| 48 Eagle Crest Dr 1B | Condo | $269,000 | 3 | 2 | 1538 |
| 668 McVey Ave #64 | Condo | $279,900 | 1 | 1 | 636 |
| 12824 Boones Ferry Rd | Attached | $298,000 | 2 | 2.5 | 1398 |
| 2 Mountain Circle | Attached | $299,000 | 2 | 1.5 | 1372 |
| 16250 Pacific Hwy #76 | Condo | $299,900 | 3 | 2 | 1767 |
| 19377 Sycamore Ave | Detached | $360,000 | 3 | 1 | 1008 |
| 67 Greenridge Ct | Attached | $369,000 | 3 | 2.5 | 2004 |
| 4231 Woodside Circle | Condo | $405,000 | 3 | 2 | 1943 |
| 17311 Mandi Ln | Detached | $429,000 | 3 | 2.5 | 1935 |
| 1160 Oak Terrace | Detached | $450,000 | 3 | 2 | 1654 |
| 16041 Waluga Dr | Detached | $454,900 | 4 | 2 | 1982 |
| 1190 Oak Terrace | Detached | $460,000 | 4 | 2 | 1654 |
| 15422 Partridge Dr | Detached | $500,000 | 4 | 2.5 | 1872 |
| 4950 Centerwood St | Detached | $523,500 | 3 | 2 | 1871 |
| 19235 Redwing Ct | Detached | $549,900 | 4 | 2 | 2084 |
| 14588 Wilmot Way | Detached | $558,000 | 5 | 3 | 2238 |
| 3845 Tempest Dr | Detached | $574,000 | 4 | 2.5 | 2000 |
| 350 6th St | Detached | $589,900 | 4 | 2 | 2304 |
| 6126 Frost Ln | Detached | $639,000 | 5 | 3 | 2493 |
| 2981 Vale Ct | Detached | $739,900 | 5 | 2.5 | 3516 |
| 16980 Maple Circle | Detached | $839,000 | 4 | 2 | 2500 |
| 5844 Bay Point Dr | Detached | $869,000 | 3 | 2.5 | 3375 |
| 18025 Sarah Hill Ln | Detached | $899,900 | 4 | 3.5 | 3442 |
| 1049 Northshore Pl | Detached | $939,900 | 3 | 4 | 2274 |
| 16827 Scott Ct | Detached | $1,000,000 | 4 | 3.5 | 4179 |
| 17432 Kelok Rd | Detached | $1,025,000 | 3 | 2.5 | 2884 |
| 876 9th St | Detached | $1,099,900 | 4 | 2.5 | 2699 |
| 834 6th St | Detached | $1,099,900 | 4 | 2.5 | 2679 |
| 3155 Upper Dr | Detached | $1,100,000 | 4 | 3 | 2950 |
Pending Sales (July 11-17,, 2016)
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 47 Eagle Crest Dr #7 | Condo | $88,897 | 2 | 1 | 932 | 92 |
| 47 Eagle Crest Dr | Condo | $159,900 | 3 | 1 | 1024 | 3 |
| 172 Oswego Summit | Condo | $166,200 | 2 | 2 | 1383 | 0 |
| 4000 Carman Dr #71 | Condo | $189,900 | 2 | 2 | 834 | 2 |
| 750 1st St #A12 | Condo | $279,900 | 2 | 2 | 1350 | 30 |
| 1652 Bonniebrae Dr | Attached | $279,900 | 4 | 1.5 | 1303 | 11 |
| 40 Weatherstone | Condo | $385,000 | 3 | 2.5 | 1692 | 37 |
| 4974 Suntree Ln | Attached | $409,950 | 2 | 2.5 | 1652 | 53 |
| 4841 Dawn St | Detached | $425,000 | 3 | 2 | 1550 | 6 |
| 653 3rd St | Detached | $549,000 | 3 | 2 | 1270 | 95 |
| 16921 Kara Ln | Detached | $569,000 | 3 | 2.5 | 2382 | 31 |
| 22 Partridge Ln | Detached | $569,900 | 4 | 2.5 | 3334 | 101 |
| 300 4th St | Attached | $600,000 | 2 | 2.5 | 1731 | 0 |
| 18521 Waxwing Circle | Detached | $600,000 | 3 | 2.5 | 2936 | 63 |
| 1002 Hemlock St | Detached | $624,900 | 3 | 2.5 | 1950 | 4 |
| 12140 Orchard Hill Way | Detached | $644,000 | 4 | 2.5 | 3169 | 8 |
| 5086 Hastings Ct | Detached | $825,000 | 4 | 2.5 | 3255 | 18 |
| 13607 Melrose Pl | Detached | $869,500 | 4 | 3.5 | 3892 | 25 |
| 1520 Eastview Ct | Detached | $889,000 | 4 | 4 | 3750 | 29 |
| 906 Cedar St | Detached | $950,000 | 4 | 3.5 | 2829 | 247 |
| 610 Atwater Rd | Detached | $995,000 | 3 | 2.5 | 2969 | 35 |
| 3600 Wembley Park Rd | Detached | $1,100,000 | 4 | 3.5 | 3633 | 1 |
| 14599 Doris Ave | Detached | $1,143,000 | 5 | 3.5 | 3903 | 0 |
| 356 9th St | Detached | $1,280,000 | 3 | 3.5 | 3647 | 101 |
| 2575 Summit Dr | Detached | $2,395,000 | 4 | 4.5+.5 | 6185 | 151 |
Sold/Closed (July 11-17,, 2016)
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 44 Eagle Crest Dr | Condo | $159,900 | $158,000 | 908 | 57 |
| 342 Cervantes Circle | Condo | $185,000 | $185,000 | 1,104 | 33 |
| 309 Cervantes Circle | Condo | $229,900 | $229,900 | 1,209 | 9 |
| 4322 Silver Ct | Condo | $339,900 | $350,000 | 1996 | 13 |
| 5295 Oakridge Rd | Detached | $394,900 | $405,000 | 1182 | 6 |
| 13278 Vermeer Dr | Detached | $469,900 | $520,000 | 1856 | 8 |
| 2302 Overlook Dr | Detached | $579,000 | $546,700 | 3125 | 334 |
| 4231 Sunset Dr | Detached | $599,000 | $550,000 | 2,272 | 18 |
| 4571 Oakridge Rd | Attached | $560,000 | $560,000 | 2092 | 4 |
| 32 Spinosa | Detached | $549,500 | $570,000 | 2542 | 8 |
| 32 Morningview Circle | Detached | $599,900 | $587,500 | 2783 | 69 |
| 4252 Albert Circle | Detached | $689,000 | $590,000 | 2964 | 28 |
| 1469 Greentree Circle | Detached | $599,900 | $610,000 | 1808 | 5 |
| 4070 Westbay Rd | Detached | $659,000 | $629,000 | 1828 | 105 |
| 839 Country Commons Ln | Detached | $710,000 | $660,000 | 3089 | 0 |
| 29 Del Prado St | Detached | $650,000 | $682,500 | 3037 | 6 |
| 1623 Glenmorrie Dr | Detached | $850,000 | $850,000 | 5677 | 23 |
| 3788 Southshore Blvd | Detached | $915,000 | $881,500 | 3224 | 17 |
| 16686 Maple Circle | Detached | $1,195,000 | $1,095,000 | 3311 | 290 |
| 3555 Lake Grove Ave | Detached | $1,199,000 | $1,100,000 | 3324 | 83 |
| 1617 Lake Front Rd | Detached | $3,250,000 | $3,000,000 | 4619 | 6 |
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.