Author: Dianne Gregoire

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Market Activity July 17-23, 2017

I read an article this past week that listed all 50 states according where the best place was to spend your summer. #4 was Oregon. It is pretty perfect. 80 degrees with a light breeze. I am just so enjoying it!

Last week in Lake Oswego there were 21 new listings, 23 properties that accepted offers and went pending, and 16 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (July 17-23, 2017)

Address Type Price BR Baths Sq Ft
47 Eagle Crest Dr #55 Condo $150,000 1 1 672
47 Eagle Crest Dr #17 Condo $185,000 2 1 932
458 S State St 2C Condo $235,000 2 1 800
13991 Majestic Ct Detached $399,900 3 2.5 1765
18552 Edgewood Ct Detached $410,000 3 1.5 1070
17710 Hill Way Detached $429,900 3 2 1637
5495 Tree St Detached $459,900 3 1.5 1388
18023 Tualata Ave Detached $463,750 3 1 1640
4 Bernini Ct Detached $659,900 4 3 3028
1611 Highland Dr Detached $685,000 4 2.5 2652
4336 Glacier Lily St Detached $699,990 4 2.5 $3,381
7050 Childs Rd Detached $749,000 3 2 2108
662 7th St Detached $750,000 3 2 1461
1885 Crest Dr Detached $768,000 4 2 2120
13644 Melrose Pl Detached $869,000 3 2.5 3564
15956 Parker Rd Detached $876,000 4 2.5 3200
14405 Pfeifer Dr Detached $969,900 5 3 3853
14045 Chelsea Dr Detached $1,169,000 4 4 4100
16193 Matthew Ct Detached $1,245,000 4 3.5+.5 3881
13912 Goodall Rd Detached $1,799,000 4 3.5+.5 4658
612 Ridgeway Rd Detached $2,895,000 4 4.5 4106

Pending Sales (July 17-23, 2017)

Address Type Price BR Baths Sq Ft CDOM
35 Crestfield Ct Condo $174,900 2 1 923 5
6480 Washington Ct Detached $250,000 1 1 35
10 Greenridge Ct Attached $325,000 3 1.5 2063 57
4430 Golden Ln Condo $449,000 3 3.5 2165 8
1220 Pine St Detached $467,500 4 2 2123 20
16444 Astor Ave Detached $479,900 3 2 1746 4
316 4th St Attached $585,000 2 2.5 1731 23
16580 Maple Circle Detached $585,000 4 1.5 2253 9
4 Icarus Loop Detached $585,000 4 2.5 2743 40
1580 Woodland Ter Detached $599,900 3 2.5 2430 9
2665 Glen Eagles Rd Detached $625,000 4 3 2640 25
4927 Hastings Dr Detached $699,900 4 2.5 2418 4
1161 Sunningdale Rd Detached $699,900 3 2.5 2324 20
139 Del Prado St Detached $749,000 3 2 2955 4
4707 Hastings Pl Detached $754,900 5 3.5 3025 51
350 6th St Detached $755,000 4 3 2329 76
14370 Pfeifer Dr Detached $810,000 4 2.5 3318 2
2886 Upper Dr Detached $828,900 4 3 2498 60
19177 Hill Top Rd Detached $1,099,000 5 3.5 4692 63
3519 Lake Grove Ave Detached $1,149,000 4 2.5 3119 47
18171 Bryant Rd Detached $1,198,000 3 2.5 2984 9
735 7th St Detached $1,225,000 3 3.5 3073 6
2383 Palisades Crest Dr Detached $1,320,000 5 3.5 4099 119

Sold/Closed (July 17-23, 2017)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd F202 Condo $169,000 $146,930 849 92
163 Oswego Summit Condo $254,900 $249,000 1,506 13
5056 Foothills Dr Condo $334,900 $324,900 1,252 7
16200 Pacific Hwy #15 Condo $329,900 $360,000 1190 13
117 3rd St #117 Condo $448,900 $460,000 1056 7
668 McVey Ave #31 Condo $484,900 $479,500 992 7
1041 Oxford Dr Detached $535,000 $525,000 2696 2
496 10th St Detached $850,000 $750,000 1854 27
1454 Glenmorrie Dr Detached $829,900 $768,500 3372 59
637 3rd St Attached $799,000 $775,500 2643 114
17364 Bryant Detached $819,000 $839,000 3043 3
570 Middlecrest Rd Detached $815,000 $850,000 2213 3
2375 Fernwood Circle Detached $899,900 $899,900 4183 23
14113 Amberwood Circle Detached $1,039,000 $991,000 3512 15
13571 Westlake Dr Detached $1,500,000 $1,330,000 4078 70
16793 Graef Circle Detached $2,250,000 $2,170,000 4680 105

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.

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LO Summer Concerts are Happening!


One of my very favorite events each summer is attending the free, outdoor summer concerts that the City of Lake Oswego offers in July and August. They are every Wednesday night. In July they go from 7-9 pm at Foothills Park. In August they move to Westlake Park and go from 6:30 to 8:30. They are free!

I like to show up at least half and hour or even an hour early, and I bring a picnic dinner. Getting there early increases the odds that you’ll get a seat a bit close to the stage. It’s a beautiful summer evening and the picnic dining is delightful. About the time the meal is finished the band gets going.

You don’t have to dance but it is honestly hard not to. The pit area up next to the stage quickly fills with adults and kids. As the sun sets it just gets better and better.

I have seen so many special moments. Older couples who are obviously in love, a disabled woman with her significant other who pulled her to her feet and then gently swayed with her. The kids and the kids-at-heart just boogieing down. It’s a great, very carefree, atmosphere.

Here is this year’s line up:

July 5th has come and gone, but it featured Ty Curtis playing rhythm and blues.

July 12th at Foothills Park will be Barracuda, a Heart tribute band.

July 19th at Foothills Park will be Jult, a Rock and Pop band featuring music of the 80’s and 90’s.

July 26th at Foothills Park will be Paul Creighton who plays the music of Steview Wonder.

August 2nd at Westlake Park will be My Happy Pill who plays Pop, Rock, and Soul

August 9th at Westlake Park will be Chris Baum who plays the music of Steely Dan.

August 16th at Westlake Park will be Cloverdayle, a group that plays Country Rock.

August 23rd at Westlake Park will be Kalimba, a group that pays tribute to Earth, Wind & Fire.

Put a few or all of these dates onto your calendar and take advantage of the sweet summer nights. I hope to see you there!
Dianne

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Market Activity Report June 26-July 2, 2017

Lake Oswego really does put on a show for the 4th of July. From the annual pancake breakfast to the afternoon parade, the city decks itself out and goes all in. I thought this photo was nicely representative of what the town looks like. This does not even begin to show off the annual fireworks display. Wow! It was amazing this year! LO is a special place, but on the 4th of July it really shines.

And now for the Market Activity Report.

Last week in Lake Oswego there were 20 new listings, 25 properties that went into pending status, and 18 sold/closed sales. I also saw an uptick in “refreshed” listings. This happens when a house sits on the market for a period of time. The property will be taken off the market and then put on again as an entirely new listing. This draws attention to it in property searches so it is very effective, but it is not a new listing. This always happens in the market and over the last few years I’d say that I’ve consistently seen a few each week. But last week there were 9. I see this as another indication that the market is slowing just a tad. It is still a seller’s market, but it’s not as over heated as it was a year ago.

Following is the breakdown for you according to RMLS:

New on the Market (June 26-July 2, 2017)

Address Type Price BR Baths Sq Ft
1220 Pine St Detached $467,500 4 2 2123
668 McVey Ave #31 Condo $484,900 3 1.5 992
5862 Langford Ln Detached $540,000 2 2 1506
19050 Pilkington Rd Detached $569,000 3 3 1992
316 4th St Attached $585,000 2 2.5 1731
1991 Greentree Rd Detached $645,000 4 3 2655
1682 Fircrest Dr Detached $660,000 4 2.5 2304
1161 Sunningdale Rd Detached $699,900 3 2.5 2324
4019 Orchard Dr Detached $759,900 3 2.5 2748
13354 Twin Creek Ln Detached $799,900 5 2.5 3134
1418 Maple St Detached $825,000 3 2.5 2,066
4350 Albert Circle Detached $875,000 5 3.5 3175
17479 Brookhurst Dr Detached $885,000 3 2.5 3551
5501 Rachel Ln Detached $929,800 4 2.5+.5 3509
1627 Village Park Ln Detached $945,000 4 3.5 3203
1055 Country Club Rd Detached $950,000 3 2 2908
3525 Upper Dr Detached $1,299,900 4 3.5 3320
1350 Ridgecrest Dr Detached $1,395,000 5 3 3534
1135 Lake Front Rd Detached $2,350,000 4 3.5 4194
4175 Southshore Blvd Detached $4,999,999 4 4.5 6332

Pending Sales (June 26-July 2, 2017)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd A204 Condo $169,500 2 2 849 24
75 Galen St Condo $210,000 2 2 989 4
48 Eagle Crest Dr 1E Condo $229,900 2 2 1370 6
189 Oswego Summit Condo $255,000 2 2 1383 5
5056 Foothills Dr Condo $324,900 3 2 1252 7
1705 Conifer Dr Detached $425,000 3 1.5 1774 65
30 Becket St Detached $489,900 3 2 2077 2
11 Saint Helens Circle Detached $514,000 3 2.5 1904 6
804 4th St Detached $530,000 3 1.5 1396 5
1121 Devon Ln Detached $535,000 5 3 2968 100
14424 Doris Ave Detached $539,000 4 1.5 1700 31
76 Tanglewood Dr Detached $539,500 4 3 2801 14
16005 Inverurie Rd Detached $569,000 4 2 2147 6
5901 Langford Ln Detached $575,000 3 3 1921 6
7 Preakness Ct Detached $580,000 4 2.5 2896 11
5192 Coventry Ct Detached $629,900 4 2.5 2259 9
14377 Camden Ln Detached $679,900 4 2.5 2530 4
17323 Lake Haven Dr Detached $699,000 3 2.5 1864 53
264 D Ave Attached $759,000 3 2.5 2011 56
4871 Centerwood St Detached $765,000 4 3 2640 6
2325 Park Rd Detached $875,000 4 2.5 2405 4
4 Dover Way Detached $970,000 5 2.5 3962 36
731 F Ave Detached $975,000 4 2.5 2668 60
4723 Lamont Way Detached $1,020,000 4 3 3043 47
13961 Knaus Rd Detached $3,000,000 4 4.5+.5 6614 77

Sold/Closed (June 26-July 2, 2017)

Address Type List Price Sold Price Sq Ft CDOM
1666 Boca Ratan Dr Attached $340,000 $355,000 1611 7
15 Britten Ct Attached $395,000 $399,900 1,972 5
1010 Hallinan St Detached $449,900 $455,000 1,225 4
1108 Cedar St Detached $489,900 $475,000 1206 11
5189 Tree St Detached $549,900 $515,000 1470 49
1710 Meadows Dr Detached $545,000 $545,000 1677 4
15655 Twin Fir Rd Detached $575,000 $575,000 2095 0
1004 Cumberland Pl Detached $639,000 $595,000 3313 21
16872 Canyon Dr Detached $689,900 $665,000 4069 30
12844 Sierra Vista Dr Detached $660,000 $667,000 2592 3
18034 Westview Dr Detached $715,000 $688,500 3562 43
654 1st Condo $729,000 $725,000 2140 16
4665 Firwood Rd Detached $969,000 $969,000 2541 2
3151 Alder Spring Ct Detached $999,950 $985,000 3802 29
3938 Edens Edge Dr Detached $1,019,000 $1,005,000 3882 36
18820 Greenbluff Dr Detached $1,485,000 $1,250,000 5570 286
17345 Bergis Farm Dr Detached $1,479,000 $1,469,000 5199 388
1021 Lake Shore Rd Detached $2,398,000 $2,000,000 3487 1191

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.

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4th of July

Whitney, Linda and I want to wish you and yours a safe and happy 4th of July. I know that I will be down by the lake watching what is annually a spectacular fireworks show. Thank you to the trumpet player who I enjoy every year playing our National Anthem just before the show starts. Whatever you are doing to celebrate the day, please stay safe and take particular care of your pets.

Happy 4th of July!
Whitney, Linda, and Dianne

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Happy Father’s Day!

We here at the blotter want to wish you a very happy Father’s Day. Dad’s are pretty special. Both Linda and I have lost our fathers and we miss them dearly. So whether you have your Dad to hug today, or if he is a spark in your heart, we hope you are enjoying your Dad and your memories of him.
Dianne

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Market Activity June 5-11, 2017

Our Market is moving right along. I’m going to step out on a limb here and give my opinion that this year is just a bit slower than last year. Don’t get me wrong, it is still a seller’s market, but it is just not quite as intense, in my opinion. Last week in Lake Oswego we had 28 houses come onto the market as new listings, 22 houses go into pending status, and 19 become closed sales. A year ago, my memory is that the new listings were nearly identical with the pendings happening at the same pace as the listings coming onto the market. Time will tell if I am correct. Right now its the numbers and also a bit of my “Realtor sense”.

Following is the breakdown for you according to RMLS:

New on the Market (June 5-11, 2017)

Address Type Price BR Baths Sq Ft
86 Kingsgate Rd A204 Condo $188,000 2 2 849
73 Oswego Summit Condo $229,900 2 2 1212
16200 Pacific Hwy #15 Condo $329,900 2 2 1190
5064 Foothills Dr #17 Condo $349,900 3 2 1252
17226 Marjorie Ave Detached $499,000 3 2 1782
19060 Indian Springs Cir Detached $524,000 3 2 1355
1311 Pine St Detached $550,000 3 3 2150
4 Icarus Loop Detached $585,000 4 2.5 2743
16064 Waluga Dr Detached $600,951 7 3 2550
802 Clara Ct Detached $609,900 4 3 2815
6236 Wayzata Ct Detached $639,000 4 2.5+.5 $2,752
5807 Ridgetop Ct Detached $700,000 5 2.5 2610
6081 Clairmont Ct Detached $710,000 4 2.5 2680
762 Maple St Detached $715,000 3 2.5 2340
21 Westridge Dr Detached $719,900 4 2.5 3202
19067 Megan Pl Detached $824,900 4 3 3400
17549 Oak Meadow Ln Detached $835,000 4 3 3407
5366 Rosalia Way Detached $915,000 5 3.5 3579
3325 Cedar Ct Detached $1,049,000 4 2.5 3500
3555 Lake Grove Ave Detached $1,200,000 4 2.5 3433
3519 Lake Grove Ave Detached $1,249,000 4 2.5 3119
13561 Goodall Rd Detached $1,250,000 3 2 2484
718 Maple St Detached $1,349,000 4 2.5 4023
830 Cabana Ln Detached $1,475,000 4 3.5 3029
13575 Goodall Rd Detached $1,495,000 4 5.5 4271
18099 Green Bluff Dr Detached $1,595,500 4 3.5 5023
13877 Amberwood Cir Detached $1,699,000 4 4.5 5851
1066 Northshore Rd Detached $3,895,000 4 5.5 4169

Pending Sales (June 5-11, 2017)

Address Type Price BR Baths Sq Ft CDOM
44 Eagle Crest Dr #17 Condo $159,900 1 1 798 3
1819 Boca Ratan Dr Attached $335,000 3 2 1405 5
1033 Hallinan St Detached $389,000 3 1 936 49
19242 Terry Ave Detached $479,900 4 2 1872 5
2235 Fernwood Circle Detached $495,000 3 2 2746 7
12537 SW 27th Pl Detached $499,500 4 2.5 2464 4
17268 Fernwood Dr Detached $528,800 3 2 2086 4
19026 Indian Springs Rd Detached $570,000 5 3 2971 4
1988 Mapleleaf Rd Detached $575,000 3 1.5 1522 0
9 Falstaff St Detached $625,000 4 2.5 2436 103
128 Church St Detached $629,000 3 2 1924 157
19158 Terry Ave Detached $679,000 4 3 2424 4
18034 Westview Dr Detached $699,900 4 2.5 3562 43
2964 Overlook Dr Detached $700,000 5 2.5 3731 3
19524 River Run Dr Detached $725,000 4 2.5 2630 3
4707 Hastings Pl Detached $765,000 5 3.5 3025 7
17517 Oak Meadow Ln Detached $799,950 4 2.5 2952 2
570 Middlecrest Rd Detached $815,000 3 2 2213 3
17364 Bryant Rd Detached $819,000 5 3.5 3043 3
2375 Fernwood Cir Detached $899,900 4 3.5 4183 23
4047 Westbay Rd Detached $1,275,000 4 2 2493 7
853 G Ave Detached $1,800,000 4 3.5 4423 18

Sold/Closed (June 5-11, 2017)

Address Type List Price Sold Price Sq Ft CDOM
48 Eagle Crest Dr 3E Condo $187,500 $170,000 1545 201
15479 Brianne Ct Attached $299,900 $285,000 1,204 24
19 Block Terrace Attached $365,000 $370,000 1,527 2
34 Wheatherstone #17 Attached $375,000 $375,000 1692 2
4454 Thunder Vista Ln Condo $379,900 $383,000 1894 36
19101 Redwing Ct Detached $549,900 $541,000 1434 8
5750 Washington Ct Detached $599,000 $549,900 2238 182
5 Grouse Terrace Detached $579,000 $555,000 2527 28
131 Wilbur St Detached $625,000 $625,000 1312 0
4199 Fruitwood Ct Detached $649,500 $649,500 2230 1
18461 Waxwing Circle Detached $649,900 $660,000 3109 3
4182 Glacier Lily St Detached $748,000 $665,000 2799 107
5536 Kilchurn Ave Detached $699,900 $704,000 2550 4
5710 Southwood Dr Detached $720,000 $709,000 2581 5
5780 Childs Rd Detached $750,000 $755,000 2770 21
4265 Albert Circle Detached $792,000 $773,000 3067 205
5335 Carman Grove Ln Detached $810,000 $820,000 2505 13
909 Cumberland Pl Detached $825,000 $825,000 2702 0
4323 Sunset Dr Detached $1,389,000 $1,438,840 3930 3

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.

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Take Asbestos Seriously

Asbestos Crystal
This post is prompted by an article I read this morning in this week’s Lake Oswego Review. A woman on Weatherstone in Mountain Park started a home renovation project last June. She removed 1300 square feet of asbestos ceilings without taking proper care for its containment. The DEQ inspected the sight on July 8, 2016 and found asbestos debris inside of the house, on clothing, personal belongings, the heat register, and outside of the house on the porch, walkway, and mulched perimeter. This woman has now been fined $31,200.

That’s a lot of money. And all because she was likely trying to save money on the project by either doing it herself of by hiring an unlicensed contractor. Some savings.

Pipe wrapped in asbestos
Asbestos is nasty stuff. It is a naturally occurring silicate mineral that is made up of fibrous crystals. It is strong, insulates well, and is fire resistant. Because of the nature of the material it was wildly popular in home construction for years.

Where it is a hazard is if it is torn or worn to allow the fibrous crystals to become dust in the air that you can then breathe in. Those little crystals get into your lungs and get stuck. You can not cough them out. They stay in your lungs for years and years continually irritating the area until they can become cancer.

Think about what this lady did. She had the particles all over her house, inside and out, on heat registers where they would be additionally blown about and circulated. There is no way that she hasn’t exposed herself to breathing that stuff in, along with everyone else in the house hold. It’s just plain stupid, stupid, stupid.

About 3 years ago I sold a house that had asbestos popcorn ceilings. I had the home owner have them professionally removed prior to putting the house up for sale because the ceilings were visibly damaged. It was about 1000 square feet, and as I recall it cost $4000. This was removing the old ceiling and then texturing and painting a new ceiling. There is not so much money involved here that could possibly make improper removal even a tempting option. Just. Don’t. Do. It.

Stay safe and be smart,
Dianne

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Market Activity May 15-21, 2017

We are having just outstanding weather with mild sunny days, lots of blue sky, and gardens that are in full bloom. May and June in Oregon is hard to beat. This is also the time of year when our real estate market really heats up. My theory, along with wanting to move during the summer break, is that people want to identify the house they are moving to before their vacation plans complicate the timing. So it is a great time to be both buying and selling. This is reflected in last week’s market activity where Lake Oswego saw 29 properties come onto the market as new listings, 26 properties go into pending status and 19 properties that sold/closed.

Following is the breakdown for you according to RMLS:

New on the Market (May 15-21, 2017)

Address Type Price BR Baths Sq Ft
6930 Montauk Circle Condo $197,000 2 1 924
48 Eagle Crest Dr 1B Condo $339,000 3 2 1538
1666 Boca Ratan Dr Attached $355,000 3 2 1611
15 Britten Ct Attached $399,900 3 2.5 1972
1108 Cedar St Detached $489,900 3 1.5 1206
1710 Meadows Dr Detached $545,000 3 2 1677
12729 19th Ave Detached $549,900 4 2 2700
84 Greenridge Ct Attached $570,000 4 2.5 2868
5028 Greensborough Ct Detached $629,900 4 2.5 2358
13731 Provincial Hill Dr Detached $635,000 3 2.5 2262
1258 Hida A Way Ln Detached $775,000 7 3.5 4219
5088 Woodcrest Ln Detached $814,500 4 2.5 3183
2886 Upper Dr Detached $848,900 4 3 2498
171 5th St Detached $875,000 3 1 1910
2764 Rivendell Rd Detached $899,900 5 2.5 3451
2375 Fernwood Circle Detached $899,900 4 3.5 4183
481 Iron Mountain Blvd Detached $929,000 4 2.5+.5 3859
18125 Pilkington Rd Detached $1,065,000 4 3 3229
14750 Uplands Dr Detached $1,100,000 4 3 3387
1443 Country Commons Detached $1,189,000 3 2.5 3385
17436 Kelok Rd Detached $1,198,000 4 2.5 3054
19177 Hill Top Rd Detached $1,199,000 5 3.5 4692
892 8th St Detached $1,200,000 4 3.5 2800
4190 Chapman Way Detached $1,250,000 4 3.5 3553
740 7th St Detached $1,395,000 7 7 5431
18639 Pilkington Rd Detached $1,495,000 4 4 4148
1655 Leslie Ln Detached $1,750,000 4 3.5 4800
16938 Alder Circle Detached $1,950,000 4 3.5 3241
2430 Summit Ct Detached $2,300,000 3 3 2911

Pending Sales (May 15-21, 2017)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #20 Condo $115,000 1 1 617 9
332 Cervantes Circle Condo $184,900 2 1 832 40
6928 Montauk Circle Condo $235,000 2 1 924 0
7210 Childs Rd Condo $339,000 3 2 1542 989
16681 Lake Forest Blvd Detached $375,000 3 1 936 2
4268 Woodside Circle Attached $375,000 4 2 1944 28
1709 Aspen Ct Detached $395,000 3 2 1559 7
1033 Hallinan St Detached $395,000 3 1 936 28
870 Lake Forest Dr Detached $450,000 4 2 1808 1
18851 Indian Springs Circle Detached $480,000 3 2 1903 0
13206 Vermeer Dr Detached $489,000 4 2 2095 16
3711 Wren St Detached $529,000 3 2 1704 14
11 Morningview Circle Detached $585,585 3 2.5 2845 43
1641 Devon Ln Detached $589,000 3 2.5 2013 67
2442 Palisades Crest Dr Detached $599,900 4 2.5 2707 9
17071 Rebecca Ln Detached $599,900 3 3 2278 107
2272 Park Rd Detached $675,000 4 3 2325 19
2255 Greentree Rd Detached $675,000 3 2.5 2709 4
41 Churchill Downs Detached $679,000 4 3.5 2763 5
3355 Upper Dr Detached $725,000 4 2 3126 63
5228 Lower Dr Detached $795,000 4 2.5 2712 21
4112 Orchard Way Detached $969,000 5 4 4153 8
3151 Alber Spring Ct Detached $999,950 5 3.5 3802 29
3938 Edens Edge Dr Detached $1,019,000 4 3.5 3882 36
16001 Parelius Circle Detached $1,225,000 5 2.5 4309 13
401 9th St Detached $1,299,000 4 3.5 4288 240

Sold/Closed (May 15-21, 2017)

Address Type List Price Sold Price Sq Ft CDOM
47 Eagle Crest Dr #11 Condo $179,900 $179,000 932 7
750 1st St #E28 Condo $199,950 $197,000 902 4
200 Burnham Rd #400 Condo $210,000 $208,000 968 2
33 Eagle Crest Dr #36 Condo $189,900 $211,000 908 14
50 Oswego Summit Condo $199,900 $222,500 752 2
200 Oswego Summit Condo $230,000 $232,000 1383 3
1602 Bonniebrae Dr Attached $275,000 $272,500 864 7
32 Greenridge Ct Condo $309,899 $353,000 1996 107
17901 Tualata Ave Detached $347,000 $355,000 912 3
5463 Tree St Detached $485,000 $475,000 1460 107
1658 Greentree Rd Detached $479,000 $479,080 2394 40
3211 Royce Way Detached $499,900 $509,900 2395 32
1032 Laurel St Detached $535,000 $540,000 2426 3
1662 Worthington St Detached $599,999 $620,000 2116 7
16038 Reese Rd Detached $729,900 $700,000 3189 48
13276 Deerfield Ct Detached $775,000 $775,000 3066 0
15199 Lily Bay Ct Detached $878,000 $865,000 2696 19
16672 Fir Ln Detached $1,238,000 $1,190,000 4179 98
4394 Lords Ln Detached $1,350,000 $1,325,000 3748 54

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.

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Earth Advantage Designation

I am pleased to let you know that I have become an Earth Advantage Designated Broker. What does this mean? It means that I have attended and passed a course that gives me this accreditation. I have a very strong personal interest in living my life sustain-ably and making choices based upon being environmentally aware (yes, I used cloth diapers on my children and adore re-usable grocery bags). So this felt like an easy and natural thing to take on. I want to share with you a bit of what I have learned.

Earth Advantage is a third-party organization that is very active here in Oregon. These organizations tend to be regional with about 70 of them around the United States. What they do is set standards that are regionally acknowledged to allow home owners, builders, and Realtors to have a basis of understanding a criteria of environmental sustainability.

Earth Advantage is commonly seen in new construction. Builders long ago learned that building to these standards is popular with home buyers. An Earth Advantage designation on a new home makes that home more competitive as a commodity to be sold. So it not only helps the environment, but it helps the profitability of the home for the builder. An Earth Advantage home must have met sustainability standards that are 15% more stringent than building just to local code requirements. This means the house is built to be energy efficient, it takes into consideration where materials come from, and how materials are disposed of. Did you know that it takes an average of 13 years for the world to recover the resources that go into building a new home?

Earth Advantage designations can also be given to homes that are already built. In fact, the most sustainable home you can buy is one that is already built. You can do improvements to an already built home, think new windows, insulation, water conservation, that will make the existing home come up to modern standards for sustainability. A good place to start is by contacting Energy Trust of Oregon (energytrust.org) and obtaining one of their free energy saver kits. To go straight to the website, click here.

This is going to come into play in a big way, particularly in the City of Portland. Beginning January 1, 2018, selling a house in Portland will require providing a home energy score to prospective purchasers. While this is not going to be required in Lake Oswego, I do believe it is going to raise awareness of houses energy efficiency for consumers, and that we will see buyers of homes in Lake Oswego asking for similar accommodations from sellers.

I think we pretty easily understand the benefits of energy efficiency and sustainability for houses. It saves money, particularly over time. It can be better for our health. And it is environmentally responsible. I think some of the most exciting things you can do when you start to prioritize energy efficiency and sustainability are also just super easy. Did you know that putting in a $10 low-flow shower head can save you about $150 a year? Wrapping your water heater with a $25 insulated blanket can save you $200 a year? Things like light bulbs, programmable thermostats, and smart power strips are inexpensive and give you big pay back.

OK. I’ll get down off of my soap box. I hope you can tell that this is a subject that I really like. Feel free to reach out with questions on this subject. All three of us, Linda, Whitney, and myself, love to hear from you.
Dianne

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Market Activity April 24-30, 2017

Our spring market is moving right along with 18 new listings this past week, 31 pending sales, and 22 closed/sold properties. Only 18 new listings up against 31 pending sales continues to reflect that demand is out pacing supply. Expect to see prices continue to rise in this real estate climate.

Following is the breakdown for you according to RMLS:

New on the Market (April 24-30, 2017)

Address Type Price BR Baths Sq Ft
7190 Childs Rd Detached $450,000 3 2.5 2316
1705 Conifer Dr Detached $499,900 3 1.5 1774
19101 Redwing Ct Detached $549,900 3 2 1434
12 Scarborough Dr Detached $650,000 4 2.5 2966
10 Buckingham Terr Detached $674,900 4 3 3428
2272 Park Rd Detached $675,000 4 3 2325
18034 Westview Dr Detached $715,000 4 2.5 3562
5228 Lower Dr Detached $795,000 4 2.5 2712
17739 Overlook Circle Detached $800,000 4 2.5 3391
810 9th St Detached $829,000 3 2 2417
725 Oak Meadow Ct Detached $1,119,000 4 2.5+.5 3753
426 7th St Detached $1,178,000 4 2.5 3088
1555 Country Commons Detached $1,279,000 3 2.5 4191
4933 Lakeview Blvd Detached $1,295,000 3 3 3988
14711 Uplands Dr Detached $1,375,000 4 4.5 3504
635 Iron Mountain Blvd Detached $1,598,000 5 3.5 4736
705 Terrace Dr Detached $2,395,000 4 3.5 3686
18785 Westview Dr Detached $2,995,000 4 3.5+.5+.5 6008

Pending Sales (April 24-30, 2017)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #11 Condo $120,900 1 1 617 48
86 Kingsgate Rd F202 Condo $164,900 2 2 849 23
29 Crestfield Ct Condo $174,900 2 2 995 3
111 Oswego Summit Condo $195,500 1 1 764 21
216 Cervantes A Condo $220,000 2 1 1336 2
5056 Foothills Dr #58 Condo $339,900 2 2 1252 7
34 Weatherstone #17 Attached $375,000 3 2.5 1692 2
4454 Thunder Vista Ln Condo $379,900 3 3.5 1894 36
1033 Hallinan St Detached $399,900 3 1 936 8
81 Kingsgate Rd Detached $419,500 2 2 1270 13
4968 Suntree Ln Attached $429,000 2 2.5 1680 12
1410 Spruce St Detached $439,900 3 2 1242 2
440 Boca Ratan Dr Detached $499,000 3 2 1932 21
39 Aquinas St Detached $525,000 2 2.5 1986 4
4067 Melissa Dr Detached $599,000 4 2.5 2623 4
19155 Bryant Dr Detached $600,000 4 1.5 1826 20
17085 Chapin Way Detached $619,900 3 3 3330 20
980 C Ave Detached $625,000 3 2 1317 0
1666 Fircrest Dr Detached $638,000 4 3 2817 25
5875 Bay Point Dr Detached $649,000 3 2.5 2511 10
940 Hoodview Ln Detached $649,900 4 2.5 2520 8
960 Bullock St Detached $649,900 3 2 3200 3
16 Del Prado St Detached $749,000 4 2.5 2682 4
5332 Lower Dr Detached $795,000 4 2.5 2600 42
50 Becket St Detached $849,900 4 2.5 4162 10
3 Dover Way Detached $899,999 5 2.5+.5 4988 21
17577 Brookhurst Dr Detached $995,000 4 2.5 3894 6
14113 Amberwood Circle Detached $1,039,000 4 2.5 3512 15
5250 Dawn St Detached $1,425,000 4 3.5 4387 2
148 5th St Detached $1,479,000 4 3.5 3540 119
3133 Douglas Circle Detached $1,499,000 4 3.5 3981 25

Sold/Closed (April 24-30, 2017)

Address Type List Price Sold Price Sq Ft CDOM
512 S State St Condo $170,000 $170,000 829 3
4000 Carman Dr A6 Condo $215,000 $205,000 866 2
234 Ridgeway Rd Condo $330,000 $293,000 914 11
5056 Foothills Dr F Condo $350,000 $329,000 1252 17
2 Summit Ridge Ct Attached $449,900 $385,000 1750 26
4418 Thunder Vista Ln Condo $385,000 $386,000 2040 12
17224 Greentree Ave Detached $465,900 $460,000 1554 7
6122 Carman Dr Detached $520,000 $481,000 1508 4
17872 Pilkington Rd Detached $595,000 $540,000 1610 169
16510 Maple Circle Detached $609,000 $585,000 2295 191
15939 Twin Fir Rd Detached $649,000 $657,900 2480 131
17927 Ridge Lake Dr Detached $659,000 $659,000 2544 54
3660 Olson Ct Detached $675,000 $670,000 3172 3
3758 Olson Ct Detached $675,000 $675,000 3193 1
4587 Trillium Woods Attached $650,000 $680,000 2211 2
3333 Royce Way Detached $749,000 $706,000 2697 44
5043 Rosewood St Detached $849,000 $799,000 2963 24
13970 Taylors Crest Ln Detached $869,000 $869,000 3371 2
4720 Firwood Rd Detached $1,150,000 $1,150,000 3483 0
17473 Canal Circle Detached $1,550,000 $1,506,000 2815 4
17104 Cedar Rd Detached $1,699,000 $1,565,000 3310 263
757 Lake Shore Rd Detached $2,895,000 $2,750,000 4098 126

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.