This market activity report is extremely encouraging. During the slowest part of the year for real estate sales, Lake Oswego had 26 houses go into pending status and 38 closed sales. Seriously, these are people who have busy lives and the holidays compounds that. Yet, they were out buying houses. That is a lot of activity over the holidays. Then notice that only 6 properties came onto the market during that same time period. I think this explains why 11 of the 26 pending sales had been on the market for over 100 days. 2 had been on the market for over 400 days! The inventory is low and that gave new life to some older listings. It is a great time to put your house on the market. Buyers are out there and houses are selling. Nice!
Following is the breakdown for you according to RMLS:
New on the Market (Dec 16, 2019-Jan 5, 2020)
| Address | Type | Price | BR | Baths | Sq Ft |
| 4000 Carman Dr B31 | Condo | $265,000 | 2 | 2 | 993 |
| 3 Garibaldi St | Detached | $749,900 | 3 | 3 | 3137 |
| 13456 Provincial Hill Way | Detached | $875,000 | 3 | 2.5 | 3071 |
| 384 5th St | Attached | $899,900 | 2 | 3.5 | 1957 |
| 382 5th St | Attached | $899,900 | 2 | 3.5 | 1957 |
| 6463 Mission Ct | Detached | $1,165,000 | 3 | 3.5 | 3547 |
Pending Sales (Dec 16, 2019-Jan 5, 2020)
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 202 Cervantes | Condo | $190,000 | 2 | 2 | 890 | 212 |
| 213 Cervantes | Condo | $229,999 | 2 | 1.5 | 1216 | 115 |
| 124 Oswego Summit | Condo | $234,999 | 2 | 2 | 1140 | 233 |
| 668 McVey Ave #74 | Condo | $289,000 | 1 | 1 | 636 | 132 |
| 4085 Jefferson Pkwy | Condo | $319,000 | 2 | 2.5 | 1302 | 85 |
| 5060 Foothills Dr B | Condo | $350,000 | 2 | 2 | 1252 | 70 |
| 22 Condolea Dr | Condo | $385,000 | 2 | 2 | 1448 | 132 |
| 1408 Cedar St | Detached | $425,000 | 3 | 1 | 1104 | 1 |
| 4456 Sunset Dr | Detached | $495,000 | 4 | 2 | 2024 | 8 |
| 38 Briarwood RD | Detached | $500,000 | 7 | 2.5+.5 | 2554 | 483 |
| 2950 Greentree Rd | Detached | $517,500 | 3 | 2 | 3002 | 13 |
| 19211 Indian Springs Rd | Detached | $554,900 | 4 | 3 | 2132 | 350 |
| 1010 Laurel St | Detached | $559,900 | 2 | 2 | 2498 | 36 |
| 4045 Bass Ln | Detached | $599,000 | 4 | 2.5 | 2158 | 109 |
| 4511 Oakridge Rd | Attached | $629,000 | 3 | 2.5 | 2129 | 51 |
| 4221 Cobb Way | Detached | $679,900 | 3 | 2 | 1724 | 3 |
| 14024 Edenberry Ct | Detached | $860,000 | 4 | 2.5 | 3183 | 3 |
| 3 Dover Way | Detached | $910,000 | 5 | 3.5+.5 | 4988 | 130 |
| 4120 Canal Rd | Detached | $950,000 | 4 | 3.5 | 4104 | 88 |
| 13637 Westlake Dr | Detached | $1,129,500 | 4 | 4.5 | 3927 | 606 |
| 4316 Upper Dr | Detached | $1,150,000 | 4 | 3.5 | 4376 | 257 |
| 3962 Bass Ln | Detached | $1,290,000 | 4 | 3.5 | 3707 | 29 |
| 3250 Fir Ridge Rd | Detached | $1,349,000 | 4 | 3.5 | 3541 | 105 |
| 1290 Andrews Rd | Detached | $1,379,000 | 4 | 3 | 3610 | 11 |
| 19097 Bryant Rd | Detached | $1,499,900 | 4 | 4 | 3556 | 31 |
| 1159 Lake Front Rd | Detached | $1,848,800 | 5 | 4 | 3756 | 10 |
Sold/Closed (Dec 16, 2019-Jan 5, 2020)
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 16 Crestfield Ct | Condo | $199,900 | $175,000 | 552 | 309 |
| 4 Touchstone #76 | Condo | $180,000 | $188,000 | 984 | 20 |
| 15938 Quarry Rd 5B | Condo | $225,000 | $228,500 | 996 | 3 |
| 164 Oswego Summit | Condo | $249,000 | $230,000 | 1383 | 116 |
| 3433 McNary Pdwy #107 | Condo | $235,000 | $230,000 | 1008 | 6 |
| 200 Burnham Rd #400 | Condo | $234,900 | $235,000 | 948 | 5 |
| 4000 Carman Dr C37 | Condo | $249,000 | $235,000 | 836 | 34 |
| 4057 Jefferson Pkwy | Attached | $295,000 | $293,000 | 1247 | 24 |
| 16250 Pacific Hwy #76 | Condo | $325,000 | $325,000 | 1745 | 74 |
| 4282 Woodside Circle | Attached | $385,000 | $325,000 | 1444 | 29 |
| 6315 Dawn St | Detached | $499,900 | $465,000 | 1934 | 127 |
| 16946 Lower Meadows Dr | Detached | $525,000 | $518,500 | 1792 | 20 |
| 3903 Tempest Dr | Detached | $640,000 | $520,000 | 2410 | 138 |
| 1775 Cloverleaf Rd | Detached | $549,900 | $549,900 | 2238 | 5 |
| 5554 Royal Oaks Dr | Detached | $595,000 | $589,500 | 1861 | 3 |
| 12396 Clara Ln | Detached | $600,000 | $600,000 | 2007 | 37 |
| 11 Falstaff St | Detached | $605,000 | $605,000 | 3001 | 4 |
| 41 Tanglewood Dr | Detached | $659,900 | $605,000 | 3001 | 162 |
| 4981 Hampton Ct | Detached | $619,000 | $619,000 | 2440 | 60 |
| 5709 Charles Circle | Detached | $772,850 | $712,000 | 2912 | 109 |
| 364 Northshore Rd | Detached | $769,000 | $765,000 | 2220 | 10 |
| 4031 Orchard Dr | Detached | $795,000 | $785,000 | 3271 | 89 |
| 1952 Egan Way | Detached | $1,200,000 | $830,000 | 2961 | 191 |
| 13711 Melrose Pl | Detached | $919,000 | $863,000 | 3742 | 108 |
| 615 Lake Bay Ct | Detached | $999,999 | $875,000 | 2555 | 129 |
| 2151 Crest Dr | Detached | $975,000 | $880,000 | 4690 | 139 |
| 1451 Greentree Circle | Detached | $929,900 | $881,250 | 2300 | 84 |
| 19253 Childs Ct | Detached | $989,000 | $912,000 | 2675 | 170 |
| 531 Laurel St | Detached | $985,000 | $925,000 | 2771 | 128 |
| 17808 Hillside Way | Detached | $995,900 | $975,000 | 3166 | 118 |
| 2013 Ridgewood Rd | Detached | $1,248,000 | $1,020,000 | 4116 | 231 |
| 828 8th St | Detached | $1,188,000 | $1,050,000 | 4116 | 231 |
| 1287 Bickner St | Detached | $1,195,000 | $1,065,000 | 2665 | 158 |
| 1990 Indian Trail | Detached | $1,150,000 | $1,099,000 | 3557 | 33 |
| 3177 Stonebridge Way | Detached | $1,598,000 | $1,320,000 | 5097 | 406 |
| 3122 Upper Dr | Detached | $1,349,000 | $1,320,000 | 3939 | 196 |
| 13596 Goodall Rd | Detached | $1,599,000 | $1,579,000 | 3552 | 205 |
| 2020 Summit Dr | Detached | $3,000,000 | $2,900,000 | 1740 | 0 |
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.