Market Activity Jan 30-Feb 5, 2023

The market was rather quiet in Lake Oswego last week. There were 10 new listings, 3 of which sold quickly and are reflected here as pending sales, 13 pending sales and 4 closed sales.

I expect the market to really kick into gear the week after the super bowl. That is, in my experience, a very big week in real estate.

See below for RMLS data.

New Listings Jan 30-Feb 5, 2023

AddressTypePriceBedroomsBathsSq Feet
23 Aquinas StDetached$775,00042.51840
4997 Mulholland DrDetached$829,90022.52468
13594 Blazer TrailDetached$895,000321996
24 Grouse TerraceDetached$1,200,00053.53673
21 D Ave #11Condo$1,665,60022.51980
21 D Ave #15Condo$1,769,60022.52094
21 D Ave #10Condo$1,802,40022.52065

Pending Sales Jan 30-Feb 5, 2023

AddressTypePriceBedroomsBathsSq FeetDOM
47 Eagle Crest Dr #18Condo$249,9992193212
44 Eagle Crest Dr #24Condo$265,0003210855
30 Condolea DrCondo$450,00022142027
1600 Aspen StDetached$575,00032.522125
668 McVey Ave #57Condo$650,00031.59920
16061 Waluga DrDetached$660,000116764
573 2nd StCondo$1,200,00022.5165915
17390 Grandview CtDetached$1,450,00044.5+.545028
776 Carrera LnDetached$1,499,00043344928
18975 Olson AveDetached$1,668,000533569144
1745 Mapleleaf RdDetached$1,699,90053.53661100
16515 Inverurie RdDetached$1,879,90053.534903
1956 Highlands LoopDetached$2,750,00054.546415

Sold/Closed Jan 30-Feb 5, 2023

AddressTypeList PriceClosed PriceSq FeetDOM
16 Summit Ridge CtCondo$485,000$454,900157693
17920 Meadowlark LnDetached$1,250,000$1,168,500275878
3900 Canal RdDetached$1,850,000$1,650,00049340
4241 Cobb WayDetached$1,949,000$1,949,000329226

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.