Market Activity Oct 28-Nov 3, 2024

Closed sales and pending sales are holding strong with 16 closed sales and 12 pending sales in Lake Oswego last week. This is a reflection of folks being motivated to get into their new home before the holidays. Active listings have dropped off to just 6. One of those sold quickly and appears in this report as a pending sale.

See below for RMLS data.

New Listings Oct 28-Nov 3, 2024

AddressTypePriceBedroomsBathsSq Feet
4 Touchstone #110Condo$270,00022989
5061 Foothills Dr BCondo$419,000221077
5722 Fernbrook WayDetached$715,000321580
333 6th StDetached$2,325,00043.53605
1289 Chandler RdDetached$5,100,00044.5+.55451

Pending Sales Oct 28-Nov 3, 2028

AddressTypePriceBedroomsBathsSq FeetDOM
5 Crestfield CtCondo$285,0002192116
6313 Alyssa TerAttached$499,00032.5153458
5320 Chinook CtDetached$575,00031.5100897
1277 Hallinan CirDetached$649,0003212426
1471 Greentree CirDetached$899,90042.5212891
4737 Lakeview BlvdDetached$949,00042.5267350
5364 Denton DrDetached$1,250,00042.531433
18440 Delenka LnDetached$1,350,00043.5469628
5464 Southwood DrDetached$1,450,00053368716
14260 Uplands DrDetached$1,595,0004329242
3131 Westview CtDetached$1,899,99644.5459752
17575 Crestline DrDetached$3,898,00054.5+.5724085

Sold/Closed Oct 28-Nov 3, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
100 Kerr Pkwy #24Condo$207,000$150,00061746
4000 Carman Dr D57Condo$319,900$291,0008367
5061 Foothills Dr #87Condo$419,000$400,0009918
5225 Jean Rd #501Condo$445,000$440,00015008
16538 Carnegie AveDetached$589,900$520,000118941
5512 Childs RdDetached$729,900$604,0001928224
6355 Dawn StDetached$625,000$610,0001268113
27 Oriole LnDetached$675,000$650,000185133
5437 Heritage LnDetached$775,000$759,000161962
18434 Sandpiper CirDetached$824,900$824,90018497
3853 Carman DrDetached$1,075,000$1,088,09425315
5651 La Mesa CtDetached$1,170,000$1,175,00027181
1507 Cedar StDetached$1,249,000$1,200,000259021
10 Sherwood CtDetached$1,575,000$1,320,0003289116
2990 Glen Eagles RdDetached$1,495,000$1,500,00037873
17160 Wall StDetached$1,899,000$1,799,000330586

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

A Word From Our Mayor

Today we awake in the same great community we fell asleep in. Over our history as a community we’ve consistently demonstrated our ability to come together, lead by example, respectfully engage in civil dialogue and care for one another as neighbors. We’re a community of mixed political beliefs but many shared values, and today, just like every day, our neighbors are counting on us to continuing supporting one another as we make Lake Oswego a community every resident feels safe and at home in, where we enhance the natural environment for future generations, where local businesses can thrive and where our kids receive an incredible education.

I’m grateful to Lake Oswego voters for another term as your mayor. In that role my first priority is to ensure our community is safe and healthy for everyone in it. The impact we all have locally from the love we hold for our City and one another as neighbors transcends any national rhetoric meant to divide and instill fear. As Oswegans we stand united behind ensuring a positive future for our City, in protecting every one of our neighbors and in standing up for what’s right and just. I look forward to walking hand and hand with you all and my colleagues on the City Council as we work toward many more shared accomplishments in the years ahead! Congratulations to Councilors Mboup, Verdick and Rapf on their re-elections and to State Rep. Daniel Nguyen on his! Our community has good people representing it thanks to you all as voters.

Joe Buck, 11/6/24

Plan Ahead for a very Trolley Holiday

Riding the Willamette Shore Trolley is a lot of fun. It runs on an old rail line from 313 N State Street in Lake Oswego to Bancroft Street in the South Waterfront in Portland. Round trip takes approximately 90 minutes.

I celebrated my Mom’s birthday on the Trolley several years ago. We brought along a picnic and turned it into an event.

Yesterday, while having lunch at Dang’s on State Street, I saw the Trolley go by. Here I had thought that the 2024 Trolley season was over. Turns out, it’s not.

There are 4 special Trolley events still happening. The first on is today and tomorrow (Oct 26 and 27), Fall Colors Trolley Trips. At noon and 2pm, fares are just $10.

At Christmas there is Fa La La Trolley, a Trolley ride for those who enjoy caroling. The Tinseltown Trolley is being organized by Lake Oswego Parks and Rec and may include a visit from Santa. Last, on December 10th, 13th, 17th, 19th and 21st, the Trolley will run to allow viewing of the Christmas Ship Parade on the Willamette River.

Plan ahead to participate because tickets are sold on a first-serve, first-come basis. For ticket information, click here.

Halloween my be just around the corner, but the holidays are not far behind. Enjoy!

Dianne

Market Activity Oct 14-20, 2024

New listings had a pretty big bump up last week with 20 new properties coming onto the market. It had me wondering why. There are two thoughts that come to my mind. First, many corporations align their fiscal year with the calendar year. Listing a property now will allow them to, hopefully, write off the costs associated with relocating an employee and writing it off in this fiscal year. My other thought is that people in general prefer to move before the holidays fully take over their lives. In any case, that’s a pretty bump from the dozen or so new listings that we’ve been seeing for sometime now.

There were 8 properties that moved to pending status and 13 closed sales.

See below for RMLS data.

New Listings Oct 14-20, 2024

AddressTypePriceBedroomsBathsSq Feet
100 Kerr Pkwy #47Condo$190,00011617
29 Oswego SummitCondo$209,00011669
44 Eagle Crest Dr #15Condo$220,00011798
44 Eagle Crest Dr #21Condo$225,00011798
5 Crestfield CtCondo$299,90021921
5058 Foothills Dr FCondo$424,800221370
18538 Hallberg CtDetached$575,00031870
3492 Devonshire DrAttached$589,00032.51556
6238 McEwan RdDetached$595,000311170
26 Greenridge CtAttached$625,00032.51996
1368 Boca Ratan DrAttached$629,000321611
1212 Laurel St #9Detached$678,0003321644
4261 Country Woods CtDetached$725,000221608
1560 Cherry Crest AveDetached$789,00032.51808
1621 Larch StDetached$799,00042.53040
1 Bernini CtDetached$1,150,00043.53697
5464 Southwood DrDetached$1,450,000533687
871 Country Club RdDetached$2,395,00043.54429
5185 Carman DrDetached$3,888,00032.54407
876 North Shore RdDetached$5,095,00043.55793

Pending Sales Oct 14-20, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
360 Cervantes CirCondo$245,000218327
174 Oswego SummitCondo$345,00022150628
5271 Chinook CtDetached$650,00032139066
17900 Westview DrDetached$799,000321960157
5948 Bay Point DrDetached$909,95042.52421107
1327 Cedar StDetached$964,90042.523505
200 Burnham Rd #410Condo$1,050,00032180618
18560 Westview DrDetached$1,200,00052.53411136

Sold/Closed Oct 14-20, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
121 Leonard St CCondo$499,900$465,000141377
16 Grouse TerDetached$1,050$850,0002627154
1 Windsor CtDetached$879,999$850,000203862
3 Scarborough DrDetached$1,190,000$900,0003778121
1237 Hallinan CirDetached$995,000$995,00015900
782 Sunny Hill DrDetached$1,145,000$1,027,000201251
1029 Laurel StDetached$1,350,000$1,175,0003208108
171 5th StDetached$1,399,900$1,400,000236710
768 7th StDetached$1,895,000$1,825,000292122
17930 Kelok RdDetached$3,149,900$2,815,0004715569
3232 Lakeview BlvdDetached$5,850,000$5,300,0008170668
16819 Allen RdDetached$7,950,000$6,500,000488259
769 Northshore RdDetached$3,995,000$3,800,00037000

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

Benefit Concert for Hurricane Victims

Sally Harman and Frank Gruner will be conducting a benefit concert on October 20th to benefit the victims of Hurricane Helene.

Sally and Frank have been fixtures in the music scene in Lake Oswego for years. My daughter introduced me to Sally when she was attending Lakeridge Middle School. She’s now 38 years old, so that was some time ago. Sally did a lot of volunteering at the school and my daughter really connected with her.

She and Frank perform classical and Jazz. They are wonderful!

Attendees are asked to make donations to Hurrican Helene relief efforts.

The concert will be held at the United Methodist Church, 1855 Southshore Blvd, at 4:00pm on October 20th.

It will be a fun event and, hopefully, go a long way to help others in desperate need right now.

Dianne

Market Activity Sept 30-Oct 6

We are having the most beautiful fall weather. Cold, crisp mornings followed by pleasant and sunny afternoons. With all of the disastrous weather in other parts of the country, I am grateful to live in the Pacific Northwest.

Last week in Lake Oswego there were 11 new listings, one of which sold in just 1 day and appears as a pending sale in this report. There were 8 properties that accepted offers and are now pending. There were 15 closed sales.

See below for RMLS data.

New Listings Sept 30-Oct 6, 2024

AddressTypePriceBedroomsBathsSq Feet
44 Eagle Crest Dr #19Condo$245,00021908
25 Crestfield CtCondo$314,90022995
4000 Carman Dr D57Condo$319,90022836
5061 Foothills DrCondo$419,00022991
5225 Jean Rd #501Condo$445,000321500
4312 Botticelli St B8Attached$485,00022.52285
5754 Charles CirDetached$950,00032.52604
15459 Village DrDetached$1,499,00043.53049
15007 Twin Fir RdDetached$1,800,00043.53079
13560 Goodall Rd #7Detached$5,495,00045.55964

Pending Sept 30-Oct 6, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
100 Kerr Pkwy #36Condo$190,00011617155
2651 Lookout CtDetached$759,00052.5247262
17749 Leafy LnDetached$1,129,900433266106
5651 La Mesa CtDetached$1,170,00042.527181
1029 Laurel StDetached$1,175,00053.5320882
2366 Palisades Crest DrDetached$1,650,0004334228
1960 Mapleleaf RdDetached$2,145,00055.54099137
16819 Allen RdDetached$6,950,00043.5488259

Sold/Closed Sept 30-Oct 6, 2024

AddressTypeList PriceSold PriceSq FeetCDOM
4638 Lower DrCondo$310,000$307,500126045
110 Greenridge CtAttached$649,900$527,000286874
4324 Woodside CirAttached$579,000$579,00012105
454 5th StCondo$680,000$677,50010923
710 Timberline DrDetached$825,000$780,00026428
1419 Hemlock StDetached$850,000$793,000252044
610 Boca Ratan DrDetached$879,000$807,2642566115
1795 Oak StDetached$950,000$864,731363225
1620 Oak StDetached$950,000$946,00021523
14190 Amberwood CirDetached$1,000,000$1,000,00031540
4487 Westbay RdDetached$1,200,000$1,200,00018690
309 10th StDetached$1,200,000$1,200,00045200
5254 Westfield CtDetached$1,295,000$1,300,00033465
16337 Chapin WayDetached$2,600,000$1,990,0005115156
4688 Upper DrDetached$2,150,000$2,085,000396226

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

Selling During the Holidays

Here we are, at the start of the holiday season. This is a very unique time of the year to be selling your home. Decorations are being purchased and coming out of storage. It is festive and fun. If you are selling your home at this time of year, you need to be thoughtful about how you approach your decorating of your home.

If you want to decorate, please do.

I do believe that everyone enjoys holiday decor. Outside the leaves are falling and our yards are going dormant. We are spending more and more time indoors. This is true of you and it’s also true of the people who are touring homes to make a purchasing decision. With proper decorating, coming into your home and feeling the spirit of the holidays will help them to feel at home.

Don’t over do it.

Make your holiday decorating tasteful and not over powering. You don’t want to make the decorating the overwhelming experience so that potential buyers end up looking at the decorating and not at the house. Don’t allow the decorating to get in the way of free movement through the house. A Christmas tree that people have to maneuver around is a Christmas tree that is either too big or put in the wrong place. Don’t over crowd the front steps with pumpkins. Safety is important. Less can be more. Be very careful to not let it become overwhelming.

When the holiday is over, it’s over.

As soon as the holiday has passed, take everything down and put it away. Allowing decorations to linger is both distracting and annoying. There are a few exceptions to this. Greenery left at the front door remains tasteful for several weeks. Holiday twinkle lights that are not colored help brighten homes on dark days. But be careful about what you choose to keep up. 99% of holiday decor needs to be taken down.

This actually is a great time to sell a house. Particularly this year as interest rates are coming down. I also believe that people who shop for homes at this time of year are highly motivated.

Please let Linda or I know if you have any questions. We are here to be of help.

Dianne

Market Activity Sept 16-22, 2024

Fall is in the air with dropping temperatures at night and glorious sunny days. In my household, we are looking forward to the return of rain and fires in the fireplace. Oregon is gorgeous in the fall!

Market activity seems a bit slower. Last week in LO there were 13 new listings, 12 pending sales, and 8 closed sales. Even with things slowing down, the market remains balanced.

See below for RMLS data.

New on the Market Sept 16-22, 2024

AddressTypePriceBedroomsBathsSq Feet
174 Oswego SummitCondo$345,000221506
16500 Lake Forest BlvdDetached$549,90031960
6401 McEwan RdDetached$599,400321050
10 Greenridge CtAttached$630,000322063
4378 Collins WayDetached$679,000321716
4750 Auburn LnAttached$765,00033.52650
19 Churchill DownsDetached$925,000432175
17418 Brookhurst DrDetached$1,499,99943.54164
610 Atwater RdDetached$1,800,00042.53283
21 D Ave #5Condo$1,966,14022.51986
21 D Ave #3Condo$2,444,20022.52222
21 D Ave #4Condo$2,506,90022.52279
21 D Ave #16Condo$4,167,80022.53206

Pending Sept 16-22, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
16538 Carnegie AveDetached$554,00031.5118941
454 5th StCondo$680,00021.510924
4537 Heritage LnDetached$769,90032.5161962
13 Morningview CirDetached$839,00032.52519154
1 Windsor CtDetached$850,00032.5203867
16 Grouse TerDetached$875,00032.5262759
1701 Woodland TerDetached$887,00032.527296
4991 Centerwood StDetached$998,00042.5243378
3672 Tempest DrDetached$1,230,00033331759
1920 Park Forest AveDetached$1,350,00033286956
13869 Amberwood CirDetached$1,597,50042.5340524
2065 Lilli LnDetached$1,750,00063.5445739

Sold/Closed Sept 16-22, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
90 Galen StCondo$219,900$219,90055220
101 OswegoCondo$309,000$277,000121236
5225 Jean Rd #312Condo$415,000$400,000140049
1699 Village Park LnDetached$1,499,000$1,515,000308523
535 Middlecrest RdDetached$2,325,000$2,075,000287214
17443 Canal CirDetached$2,695,000$2,775,00031530
2430 Summit CtDetached$3,800,000$2,800,0003035128
18015 Cardinal DrDetached$3,849,900$3,500,0004119459

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.

A Trip Down Memory Lane

This gem turned up on my Facebook feed today: a boat tour of Oswego Lake circa 1987. Much remains (Lake Corporation Building, Jansen Island, The Cabanas), but so much has changed. Most of the tiny houses have been replaced by large mansions. It’s a fun visit to see how it was.

Market Activity September 2-8, 2024

Last week in Lake Oswego there were 17 properties that came onto the market. Of those, 3 sold quickly and appear in this report as pending sales. There were a total of 17 pending sales and 11 that completed escrow and now considered to be sold. Again, the market remains very balanced.

See below for RMLS data.

New on the Market September 2-8, 2024

AddressTypePriceBedroomsBathsSq Feet
45 Eagle Crest Dr #313Condo$249,90021.5+.51056
4 Touchstone #117Condo$285,00022984
4 Touchstone #147Condo$349,95032.51351
4055 Jefferson PkwyCondo$379,90032.51210
6313 Alyssa TerrAttached$500,00032.51534
27 Oriole LnDetached$675,00042.51851
5316 Lower DrDetached$775,00042.52016
23 Tanglewood DrDetached$849,90052.52522
855 Palisades Terrace DrDetached$859,99942.52221
1507 Cedar StDetached$1,249,00032.52590
111 Ladd StDetached$1,250,00032.52303
5718 Meadowcreek CtDetached$1,580,000543024
3131 Westview CtDetached$1,986,00044.54597
310 Chandler PlDetached$2,595,00043.53909

Pending Sales September 2-8, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
4638 Lower DrCondo$299,90021.5126045
101 OswegoCondo$300,00022121236
4652 Lower DrAttached$395,00021.5117023
5225 Jean Rd #312Condo$415,00022140049
110 Greenridge CtAttached$549,90032.5286874
4324 Woodside CirAttached$579,0002212105
1419 Greentree CirDetached$694,0004322506
45 Hillshire DrDetached$749,90032.5201671
610 Boca Ratan DrDetached$839,000422566115
4661 Trillium WoodsAttached$925,00032.5226531
14190 Amberwood CirDetached$1,000,0004331540
5552 Yorkshire PlDetached$1,150,00042.526379
15203 Lily Bay CtDetached$1,350,00042.532164
2990 Glen Eagles RdDetached$1,495,00042.537873
17288 Cedar RdDetached$2,595,00033426775
17930 Kelok RdDetached$3,149,90053.5+.5471541
1031 Sunningdale RdDetached$4,400,00055.5532237





Sold/Closed September 2-8, 2024

AddressTypeList PriceSold PriceSq FeetCDOM
220 Cervantes CCondo$329,500$329,500137817
86 Kingsgate Rd C-201Condo$345,000$345,0009384
668 McVey Ave #58Condo$835,000$650,000992137
32 Nova CtDetached$649,900$655,00021901
2405 Knaus RdDetached$785,000$695,000168544
18421 Indian Creek DrDetached$748,000$748,000183613
13551 Southwood CtDetached$1,175,000$1,090,000321756
17129 Kelok RdDetached$2,395,000$2,100,000289619
1237 Lake Front RdDetached$2,795,000$2,769,000337820
2260 Summit CtDetached$3,495,000$2,872,5003797390
17227 Canal CirDetached$4,450,000$3,519,0004720176

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.