Lake Oswego Real Estate Blog
November 29th, 3-7pm, Millennium Plaza will be the location for the 60th annual holiday tree lighting festival.
Activities include photos with Santa, Timberview Farm Reindeer, sweet trees, music, caroling, and over 40 vendors. The lighting of the Millennium Tree will happen at 5:30.
It’s a great way to kick off the season!
Last week in Lake Oswego the real estate market was very active, for this time of year. There were 13 new listings. Two of those sold quickly and appear in this report as pending sales. There were 15 houses that accepted offers and went into pending status. There were 10 closed sales. Those are solid numbers for November.
See below for RMLS data.
| Address | Type | Price | Bedrooms | Baths | Sq Feet |
| 48 Eagle Crest Dr 4E | Condo | $375,000 | 2 | 2 | 1489 |
| 60 Condolea Ter | Condo | $445,000 | 2 | 3 | 2784 |
| 18021 Tualata Ave | Detached | $570,000 | 3 | 1 | 1410 |
| 15215 Boones Way | Attached | $597,000 | 3 | 2.5 | 1600 |
| 16081 Pearcy St | Detached | $736,000 | 3 | 3 | 1919 |
| 1060 Upper Devon Ln | Detached | $1,300,000 | 3 | 2.5 | 2400 |
| 1176 Troon Rd | Detached | $1,400,000 | 3 | 2 | 3022 |
| 17883 Tamara Ave | Detached | $1,725,000 | 4 | 3 | 3100 |
| 17901 Tamara Ave | Detached | $1,749,000 | 4 | 3 | 3257 |
| 815 E Ave | Detached | $2,495,000 | 3 | 3.5 | 2946 |
| 4375 Southshore Blvd | Detached | $10,500,000 | 5 | 5.5 | 6147 |
| Address | Type | Price | Bedrooms | Baths | Sq Feet | DOM |
| 25 Crestfield Ct | Condo | $299,900 | 2 | 2 | 995 | 42 |
| 5062 Foothills Dr C-#7 | Condo | $464,700 | 2 | 2 | 1252 | 3 |
| 18538 Hallberg Ct | Detached | $575,000 | 3 | 1 | 870 | 29 |
| 5132 Timbergrove St | Detached | $610,000 | 3 | 2 | 1439 | 2 |
| 10 Greenridge Ct | Attached | $630,000 | 2 | 2 | 2063 | 55 |
| 5722 Fernbrook Way | Detached | $699,000 | 3 | 2 | 1580 | 17 |
| 6080 Burma Rd | Detached | $975,000 | 3 | 2 | 2134 | 107 |
| 17291 Cedar Rd | Detached | $1,049,000 | 5 | 4.5 | 2872 | 6 |
| 14186 Kimberly Cir | Detached | $1,150,000 | 4 | 3 | 3226 | 35 |
| 17644 Tree Top Ln | Detached | $1,199,000 | 4 | 3.5 | 4240 | 123 |
| 16610 Woodsman Ct | Detached | $1,300,000 | 4 | 3 | 3462 | 112 |
| 4027 Canal Woods Ct | Detached | $1,474,000 | 4 | 3.5 | 4232 | 155 |
| 3351 Fir Ridge Rd | Detached | $1,895,000 | 4 | 4.5 | 4265 | 209 |
| 2165 Ridge Pointe Dr | Detached | $1,998,000 | 5 | 4 | 4749 | 115 |
| 2121 Wembley Park Rd | Detached | $2,599,900 | 5 | 5.5 | 5025 | 334 |
| Address | Type | List Price | Closed Price | Sq Feet | CDOM |
| 174 Oswego Summit | Condo | $345,000 | $330,000 | 1506 | 28 |
| 3492 Devonshire Dr | Attached | $589,000 | $608,000 | 1556 | 5 |
| 5271 Chinook Ct | Detached | $675,000 | $660,000 | 1390 | 66 |
| 5365 Denton Dr | Detached | $1,250,000 | $1,305,000 | 3143 | 3 |
| 15459 Village Dr | Detached | $1,499,000 | $1,375,000 | 3049 | 11 |
| 2337 Hillside Ln | Detached | $1,749,000 | $1,530,000 | 4932 | 93 |
| 950 Lund St | Detached | $1,675,000 | $1,650,000 | 3098 | 521 |
| 3131 Westview Ct | Detached | $1,986,000 | $1,897,746 | 4597 | 52 |
| 159 5th St | Detached | $2,289,900 | $2,050,000 | 2960 | 27 |
| 310 Chandler Pl | Detached | $2,595,000 | $2,370,000 | 3909 | 36 |
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
As of this month, not only is the skate park open, but so is the parking lot and the restrooms. If you are not in the area, you may not have seen all of the construction happening along Stafford Road between the City Golf Course and Rosemont Rd. The skate park is just one component of this development: the others being a new municipal pool and a large rec center. The skate park is step #1.
More exciting news is that this fall the City was awarded a $1 million matching grant from the Oregon Parks and Recreation Department Local Government Grant Program to fund construction of a play ground and picnic shelter adjacent to the skate park. The goal is to complete these by the summer of 2025.
The skate park is formally known as Rassekh Park. These are wonderful improvements to our community. The combination of skate park, playground and picnic shelter sounds like an ideal place to take the kiddos to work off some of that energy. Enjoy!
Dianne
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.
| Address | Type | Price | Bedrooms | Baths | Sq Feet |
| 4 Touchstone #110 | Condo | $270,000 | 2 | 2 | 989 |
| 5061 Foothills Dr B | Condo | $419,000 | 2 | 2 | 1077 |
| 5722 Fernbrook Way | Detached | $715,000 | 3 | 2 | 1580 |
| 333 6th St | Detached | $2,325,000 | 4 | 3.5 | 3605 |
| 1289 Chandler Rd | Detached | $5,100,000 | 4 | 4.5+.5 | 5451 |
| Address | Type | Price | Bedrooms | Baths | Sq Feet | DOM |
| 5 Crestfield Ct | Condo | $285,000 | 2 | 1 | 921 | 16 |
| 6313 Alyssa Ter | Attached | $499,000 | 3 | 2.5 | 1534 | 58 |
| 5320 Chinook Ct | Detached | $575,000 | 3 | 1.5 | 1008 | 97 |
| 1277 Hallinan Cir | Detached | $649,000 | 3 | 2 | 1242 | 6 |
| 1471 Greentree Cir | Detached | $899,900 | 4 | 2.5 | 2128 | 91 |
| 4737 Lakeview Blvd | Detached | $949,000 | 4 | 2.5 | 2673 | 50 |
| 5364 Denton Dr | Detached | $1,250,000 | 4 | 2.5 | 3143 | 3 |
| 18440 Delenka Ln | Detached | $1,350,000 | 4 | 3.5 | 4696 | 28 |
| 5464 Southwood Dr | Detached | $1,450,000 | 5 | 3 | 3687 | 16 |
| 14260 Uplands Dr | Detached | $1,595,000 | 4 | 3 | 2924 | 2 |
| 3131 Westview Ct | Detached | $1,899,996 | 4 | 4.5 | 4597 | 52 |
| 17575 Crestline Dr | Detached | $3,898,000 | 5 | 4.5+.5 | 7240 | 85 |
| Address | Type | List Price | Closed Price | Sq Feet | CDOM |
| 100 Kerr Pkwy #24 | Condo | $207,000 | $150,000 | 617 | 46 |
| 4000 Carman Dr D57 | Condo | $319,900 | $291,000 | 836 | 7 |
| 5061 Foothills Dr #87 | Condo | $419,000 | $400,000 | 991 | 8 |
| 5225 Jean Rd #501 | Condo | $445,000 | $440,000 | 1500 | 8 |
| 16538 Carnegie Ave | Detached | $589,900 | $520,000 | 1189 | 41 |
| 5512 Childs Rd | Detached | $729,900 | $604,000 | 1928 | 224 |
| 6355 Dawn St | Detached | $625,000 | $610,000 | 1268 | 113 |
| 27 Oriole Ln | Detached | $675,000 | $650,000 | 1851 | 33 |
| 5437 Heritage Ln | Detached | $775,000 | $759,000 | 1619 | 62 |
| 18434 Sandpiper Cir | Detached | $824,900 | $824,900 | 1849 | 7 |
| 3853 Carman Dr | Detached | $1,075,000 | $1,088,094 | 2531 | 5 |
| 5651 La Mesa Ct | Detached | $1,170,000 | $1,175,000 | 2718 | 1 |
| 1507 Cedar St | Detached | $1,249,000 | $1,200,000 | 2590 | 21 |
| 10 Sherwood Ct | Detached | $1,575,000 | $1,320,000 | 3289 | 116 |
| 2990 Glen Eagles Rd | Detached | $1,495,000 | $1,500,000 | 3787 | 3 |
| 17160 Wall St | Detached | $1,899,000 | $1,799,000 | 3305 | 86 |
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
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
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
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.
| Address | Type | Price | Bedrooms | Baths | Sq Feet |
| 100 Kerr Pkwy #47 | Condo | $190,000 | 1 | 1 | 617 |
| 29 Oswego Summit | Condo | $209,000 | 1 | 1 | 669 |
| 44 Eagle Crest Dr #15 | Condo | $220,000 | 1 | 1 | 798 |
| 44 Eagle Crest Dr #21 | Condo | $225,000 | 1 | 1 | 798 |
| 5 Crestfield Ct | Condo | $299,900 | 2 | 1 | 921 |
| 5058 Foothills Dr F | Condo | $424,800 | 2 | 2 | 1370 |
| 18538 Hallberg Ct | Detached | $575,000 | 3 | 1 | 870 |
| 3492 Devonshire Dr | Attached | $589,000 | 3 | 2.5 | 1556 |
| 6238 McEwan Rd | Detached | $595,000 | 3 | 1 | 1170 |
| 26 Greenridge Ct | Attached | $625,000 | 3 | 2.5 | 1996 |
| 1368 Boca Ratan Dr | Attached | $629,000 | 3 | 2 | 1611 |
| 1212 Laurel St #9 | Detached | $678,000 | 33 | 2 | 1644 |
| 4261 Country Woods Ct | Detached | $725,000 | 2 | 2 | 1608 |
| 1560 Cherry Crest Ave | Detached | $789,000 | 3 | 2.5 | 1808 |
| 1621 Larch St | Detached | $799,000 | 4 | 2.5 | 3040 |
| 1 Bernini Ct | Detached | $1,150,000 | 4 | 3.5 | 3697 |
| 5464 Southwood Dr | Detached | $1,450,000 | 5 | 3 | 3687 |
| 871 Country Club Rd | Detached | $2,395,000 | 4 | 3.5 | 4429 |
| 5185 Carman Dr | Detached | $3,888,000 | 3 | 2.5 | 4407 |
| 876 North Shore Rd | Detached | $5,095,000 | 4 | 3.5 | 5793 |
| Address | Type | Price | Bedrooms | Baths | Sq Feet | DOM |
| 360 Cervantes Cir | Condo | $245,000 | 2 | 1 | 832 | 7 |
| 174 Oswego Summit | Condo | $345,000 | 2 | 2 | 1506 | 28 |
| 5271 Chinook Ct | Detached | $650,000 | 3 | 2 | 1390 | 66 |
| 17900 Westview Dr | Detached | $799,000 | 3 | 2 | 1960 | 157 |
| 5948 Bay Point Dr | Detached | $909,950 | 4 | 2.5 | 2421 | 107 |
| 1327 Cedar St | Detached | $964,900 | 4 | 2.5 | 2350 | 5 |
| 200 Burnham Rd #410 | Condo | $1,050,000 | 3 | 2 | 1806 | 18 |
| 18560 Westview Dr | Detached | $1,200,000 | 5 | 2.5 | 3411 | 136 |
| Address | Type | List Price | Closed Price | Sq Feet | CDOM |
| 121 Leonard St C | Condo | $499,900 | $465,000 | 1413 | 77 |
| 16 Grouse Ter | Detached | $1,050 | $850,000 | 2627 | 154 |
| 1 Windsor Ct | Detached | $879,999 | $850,000 | 2038 | 62 |
| 3 Scarborough Dr | Detached | $1,190,000 | $900,000 | 3778 | 121 |
| 1237 Hallinan Cir | Detached | $995,000 | $995,000 | 1590 | 0 |
| 782 Sunny Hill Dr | Detached | $1,145,000 | $1,027,000 | 2012 | 51 |
| 1029 Laurel St | Detached | $1,350,000 | $1,175,000 | 3208 | 108 |
| 171 5th St | Detached | $1,399,900 | $1,400,000 | 2367 | 10 |
| 768 7th St | Detached | $1,895,000 | $1,825,000 | 2921 | 22 |
| 17930 Kelok Rd | Detached | $3,149,900 | $2,815,000 | 4715 | 569 |
| 3232 Lakeview Blvd | Detached | $5,850,000 | $5,300,000 | 8170 | 668 |
| 16819 Allen Rd | Detached | $7,950,000 | $6,500,000 | 4882 | 59 |
| 769 Northshore Rd | Detached | $3,995,000 | $3,800,000 | 3700 | 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
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
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.
| Address | Type | Price | Bedrooms | Baths | Sq Feet |
| 44 Eagle Crest Dr #19 | Condo | $245,000 | 2 | 1 | 908 |
| 25 Crestfield Ct | Condo | $314,900 | 2 | 2 | 995 |
| 4000 Carman Dr D57 | Condo | $319,900 | 2 | 2 | 836 |
| 5061 Foothills Dr | Condo | $419,000 | 2 | 2 | 991 |
| 5225 Jean Rd #501 | Condo | $445,000 | 3 | 2 | 1500 |
| 4312 Botticelli St B8 | Attached | $485,000 | 2 | 2.5 | 2285 |
| 5754 Charles Cir | Detached | $950,000 | 3 | 2.5 | 2604 |
| 15459 Village Dr | Detached | $1,499,000 | 4 | 3.5 | 3049 |
| 15007 Twin Fir Rd | Detached | $1,800,000 | 4 | 3.5 | 3079 |
| 13560 Goodall Rd #7 | Detached | $5,495,000 | 4 | 5.5 | 5964 |
| Address | Type | Price | Bedrooms | Baths | Sq Feet | DOM |
| 100 Kerr Pkwy #36 | Condo | $190,000 | 1 | 1 | 617 | 155 |
| 2651 Lookout Ct | Detached | $759,000 | 5 | 2.5 | 2472 | 62 |
| 17749 Leafy Ln | Detached | $1,129,900 | 4 | 3 | 3266 | 106 |
| 5651 La Mesa Ct | Detached | $1,170,000 | 4 | 2.5 | 2718 | 1 |
| 1029 Laurel St | Detached | $1,175,000 | 5 | 3.5 | 3208 | 82 |
| 2366 Palisades Crest Dr | Detached | $1,650,000 | 4 | 3 | 3422 | 8 |
| 1960 Mapleleaf Rd | Detached | $2,145,000 | 5 | 5.5 | 4099 | 137 |
| 16819 Allen Rd | Detached | $6,950,000 | 4 | 3.5 | 4882 | 59 |
| Address | Type | List Price | Sold Price | Sq Feet | CDOM |
| 4638 Lower Dr | Condo | $310,000 | $307,500 | 1260 | 45 |
| 110 Greenridge Ct | Attached | $649,900 | $527,000 | 2868 | 74 |
| 4324 Woodside Cir | Attached | $579,000 | $579,000 | 1210 | 5 |
| 454 5th St | Condo | $680,000 | $677,500 | 1092 | 3 |
| 710 Timberline Dr | Detached | $825,000 | $780,000 | 2642 | 8 |
| 1419 Hemlock St | Detached | $850,000 | $793,000 | 2520 | 44 |
| 610 Boca Ratan Dr | Detached | $879,000 | $807,264 | 2566 | 115 |
| 1795 Oak St | Detached | $950,000 | $864,731 | 3632 | 25 |
| 1620 Oak St | Detached | $950,000 | $946,000 | 2152 | 3 |
| 14190 Amberwood Cir | Detached | $1,000,000 | $1,000,000 | 3154 | 0 |
| 4487 Westbay Rd | Detached | $1,200,000 | $1,200,000 | 1869 | 0 |
| 309 10th St | Detached | $1,200,000 | $1,200,000 | 4520 | 0 |
| 5254 Westfield Ct | Detached | $1,295,000 | $1,300,000 | 3346 | 5 |
| 16337 Chapin Way | Detached | $2,600,000 | $1,990,000 | 5115 | 156 |
| 4688 Upper Dr | Detached | $2,150,000 | $2,085,000 | 3962 | 26 |
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
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.
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.
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.
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