I think that the market activity is about half of what is normal for this time of year. Pending sales appear to be holding fairly steady with about 10 properties accepting offers each of the last several weeks. Check out the days on the market for the pending properties. Of the 10 pending sales 8 sold in 25 days or less. Along with the 8 pending sales, last week Lake Oswego saw 6 properties come on the market and 8 sold/closed sales.
Following is the breakdown for you according to RMLS:
New on the Market (April 20-26, 2020)
Address | Type | Price | BR | Baths | Sq Ft |
8 Cervantes Circle | Condo | $209,900 | 2 | 1.5 | 912 |
5364 Langford Ln | Detached | $869,000 | 4 | 2.5 | 3022 |
205 5th St | Detached | $895,000 | 4 | 3 | 2556 |
13275 Riverside Dr | Detached | $1,099,000 | 4 | 2-Jan | 2756 |
16850 Cortez Ct | Detached | $1,299,900 | 4 | 4 | 3550 |
749 7th St | Detached | $1,385,000 | 4 | 3.5 | 4651 |
Pending Sales (April 20-26, 2020)
Address | Type | Price | BR | Baths | Sq Ft | CDOM |
4268 Woodside Circle | Attached | $340,000 | 4 | 2 | 1944 | 351 |
5237 Dawn St | Detached | $494,800 | 3 | 1.5 | 1412 | 25 |
77 Kingsgate Rd | Detached | $529,900 | 3 | 2.5 | 1739 | 3 |
17835 Hillside Dr | Detached | $535,000 | 5 | 3 | 2924 | 1 |
17200 Robb PL | Detached | $610,000 | 3 | 2.5 | 2206 | 0 |
4188 Cobb Way | Detached | $649,900 | 4 | 3 | 2586 | 4 |
92 Garibaldi St | Detached | $769,000 | 4 | 3.5 | 3172 | 37 |
10 Othello St | Detached | $825,000 | 5 | 3 | 3600 | 25 |
5623 Bay Creek Dr | Detached | $845,000 | 5 | 2.5 | 3042 | 20 |
4500 West Rd | Detached | $899,000 | 3 | 2.5 | 2479 | 17 |
Sold/Closed (April 20-26, 2020)
Address | Type | List Price | Sold Price | Sq Ft | CDOM |
48 Cervantes Circle | Condo | $299,000 | $260,000 | 1368 | 162 |
5054 Foothills Dr E | Condo | $355,000 | $345,000 | 1,252 | 38 |
19415 Sycamore Ave | Detached | $450,000 | $450,000 | 1584 | 12 |
16106 Lake Forest Blvd | Detached | $649,900 | $505,000 | 3440 | 575 |
47 Da Vinci St | Detached | $599,000 | $652,507 | 2467 | 6 |
18263 Anduin Terr | Detached | $749,000 | $685,000 | 3103 | 133 |
3781 Tempest Dr | Detached | $899,900 | $875,000 | 3927 | 21 |
13483 Fielding Rd | Detached | $949,999 | $890,000 | 3149 | 62 |
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.