Author: Dianne Gregoire

My first market activity report of the new year. Love it!

Last week in Lake Oswego there were 7 new listings, one of which sold quickly and appears in this report as a pending sale. There were 10 properties that accepted offers and moved to pending status, and there were 5 closed sales.

See below for RMLS data.

New Listings Jan 8-14, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet
200 Burnham Rd #209	Condo	$412,000	2	2	1305
5554 Royal Oaks Dr	Detached	$850,000	3	2	1861
5995 Shakespeare St	Detached	$929,950	3	3	2600
4039 Canal Woods Ct	Detached	$1,450,000	4	3.5	4178
2711 Greentree Rd	Detached	$1,749,000	5	3.5	3315
17660 Wayside Ln	Detached	$2,600,000	5	5.5	5975

Pending Sales Jan 8-14, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
1221 Boca Ratan Dr	Attached	$499,000	3	2.5	1812	78
51 Oriole Ln	Detached	$589,000	3	2	1216	99
16724 Roosevelt	Detached	$599,000	3	1.5	1270	3
369 5th St	Detached	$825,000	2	1	1552	52
21 Hidalgo St	Detached	$990,000	4	3	3392	78
29 Del Prado St	Detached	$1,050,000	4	2	3037	3
3857 Carman Dr	Detached	$1,095,000	3	2.5	2531	37
5320 Childs Rd	Detached	$2,100,000	6	3	4765	29
2320 Glen Haven Rd	Detached	$2,119,900	3	4	3875	10
4200 Old Gate Rd	Detached	$2,675,000	5	4.5	4871	9

Sold/Closed Jan 8-14, 2024

Address	Type	List Price	Closed Price	Sq Feet	CDOM
2031 Bonniebrae Dr	Attached	$555,000	$460,000	1611	119
12844 Boones Ferry Rd #117	Condo	$489,000	$475,000	1191	76
5453 Willow Ct	Attached	$762,000	$740,000	2446	91
1724 Oak St	Detached	$900,000	$878,000	2189	17
2348 Overlook Dr	Detached	$1,025,000	$900,000	2567	130

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.

I think last week, the week between Christmas and New Year’s, is probably the slowest week of the year for real estate activity. Yet, real estate still happens. In Lake Oswego there were 2 new listings, one of which sold quickly, and appears in this report as a pending sale. There were 3 pending sales, and, impressively, there were 10 closed sales.

The reason that real estate still happens, even on the slowest week of the year, is because life still happens. People get married, get new jobs, have babies, life goes on. There is literally no time of the year that isn’t a good time to buy a house or to sell a house.

See below for RMLS data.

New Listings Dec 25-31, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
4 Touchstone #143	Condo	$270,000	3	2.5	1350

Pending Sales Dec 25-31, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
1621 Ash St	Detached	$699,900	3	2	1887	3
2348 Overlook Dr	Detached	$963,000	5	3	2567	83
4360 Westbay Rd	Detached	$1,245,000	4	3	2636	30

Sold/Closed Dec 25-31, 2023

Address	Type	List Price	Closed Price	Sq Feet	CDOM
86 Kingsgate Rd #22	Condo	$335,000	$299,500	924	125
4621 Lakeview Blvd C3	Condo	$329,900	$331,500	1178	12
141 Touchstone Ct	Attached	$589,000	$575,000	2066	90
16240 Parker Rd	Detached	$679,000	$650,000	1454	269
5270 Red Leaf Rd	Detached	$700,000	$670,000	1330	47
6050 Childs Rd	Detached	$900,000	$850,000	2129	17
18368 Tamaway Dr	Detached	$1,150,000	$1,130,000	3741	40
3324 Sabina Ct	Detached	$1,250,000	$1,212,500	2550	7
4974 Cascara Ln	Detached	$1,285,000	$1,285,000	3476	2
5309 Denton Dr	Detached	$1,620,000	$1,465,000	3626	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.

Last week in Lake Oswego 6 new listings came onto the market, one of which sold quickly and appears in this report as a pending sale. 9 properties accepted offers and moved to pending status. 9 properties sold/closed so that 9 families could move in before Christmas.

See below for RMLS data.

New on the Market Dec 11-17, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
3433 McNary Pkwy #407	Condo	$275,000	2	2	1008
869 10th St	Detached	$849,900	2	1	1220
6040 Lakeview Blvd	Detached	$1,349,000	5	3	3701
5320 Childs Rd	Detached	$2,100,000	6	3	4765
2121 Wembley Park Rd	Detached	$2,999,900	5	5.5	5025

Pending Sales Dec 11-17, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
4 Touchstone #128	Condo	$250,000	3	2.5	1350	18
11 Oswego #11	Condo	$314,800	2	2	1241	26
4089 Jefferson Pkwy	Condo	$384,900	2	2.5	1361	140
2031 Bonniebrae Dr	Attached	$479,000	3	2	1611	119
16237 Lake Forest Blvd	Detached	$525,000	3	1	1132	8
6 The Grotto	Detached	$550,000	3	2	1381	9
16211 Inverurie Rd	Detached	$699,900	3	2.5	1819	2
4740 Lamont Ct	Detached	$799,900	3	2	1776	52
12 Independence Ave	Detached	$839,500	4	4	2992	16

Sold/Closed Dec 11-17, 2023

Address	Type	List Price	Sold Price	Sq Feet	CDOM
45 Eagle Crest Dr #402	Condo	$279,000	$220,000	768	71
159 Oswego Summit	Condo	$395,000	$320,000	1506	218
16131 Lindsay Ct	Detached	$680,000	$680,000	1832	28
2979 Dellwood Dr	Detached	$939,000	$750,000	3216	144
13990 Shireva Ct	Detached	$789,000	$755,000	1702	19
1 Creekside Terr	Detached	$1,185,000	$1,040,000	4230	42
4904 Parkhill St	Detached	$1,195,000	$1,200,000	3433	7
17393 Grandview Ct	Detached	$1,275,000	$1,243,548	3772	4
1120 Crestline Ct	Detached	$4,950,000	$4,350,000	6440	101

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.

I’m going to start this market activity report with some good news. According to the Mortgage Bankers Association, home purchase mortgage applications have gone up 35% in recent weeks. That’s a huge jump and unusual for this time of year.

Here on a local level, last week in Lake Oswego there were 4 new listings, 7 properties that moved to pending status, and 17 sold/closed sales. Something tells me that there are moving trucks arriving in LO this week with holiday trees tied to their roofs.

See below for RMLS data.

New on the Market Nov 27-Dec 3, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
4 Touchstone #106	Condo	$259,000	2	2	984
4 Touchstone #119	Condo	$318,900	3	2.5	1351
3433 McNary Pkwy #108	Condo	$391,900	3	2	1344
12 Independence Ave	Detached	$839,500	4	4	2994

Pending Nove 27-Dec 3, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
4621 Lakeview Blvd C3	Condo	$329,900	2	2	1178	12
159 Oswego Summit	Condo	$350,000	2	2	1506	218
12844 Boonesferry Rd #117	Condo	$475,000	2	2.5	1191	76
5270 Red Leaf St	Detached	$675,000	3	2	1330	47
5222 Rosewood St	Detached	$800,000	3	2.5	2414	113
4845 Upper Dr	Detached	$1,249,000	5	3	2879	50
55309 Denton Dr	Detached	$1,620,000	4	3.5	3626	26

Sold/Closed Nov 27-Dec 3, 2023

Address	Type	List Price	Closed Price	Sq Feet	CDOM
96 Oswego Summit	Condo	$219,900	$240,000	964	6
4093 Jefferson Pkwy	Condo	$460,000	$410,000	1403	48
21019 Bonniebrae Dr	Attached	$525,000	$510,000	1539	18
4510 Lower Dr B1	Condo	$555,000	$515,000	1729	42
668 McVey Ave #57	Condo	$625,000	$515,500	992	242
1206 Cedar St	Detached	$775,000	$725,000	1426	15
1600 Woodland Ter	Detached	$779,000	$780,000	1699	3
5311 Childs Rd	Detached	$849,500	$795,000	1929	124
13851 Verte Ct	Detached	$939,000	$925,000	2925	15
10 Sherwood Ct	Detached	$949,000	$949,000	3289	2
7 Grouse Ter	Detached	$935,000	$1,050,000	2516	3
14584 Pfeifer Way	Detached	$1,250,000	$1,176,000	2647	14
1050 Atwater Rd	Detached	$1,375,000	$1,350,000	3052	0
3600 Upper Dr	Detached	$1,999,950	$1,850,000	3771	195
541 6th St	Detached	$2,400,000	$2,400,000	3559	0
13799 Atwater Ln	Detached	$3,995,000	$3,800,000	4700	102
128 Northshore Cir	Detached	$4,695,000	$4,000,000	3501	148

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.

Last week in Lake Oswego we had 4 new listings, one of which sold quickly and appears in this report as a pending sale. We had 11 properties move to pending status, and 15 closed sales.

Yes, this time of year is slower as compared to the spring and summer, but real estate still happens. This is because life still happens. Babies are born and people need a larger house. Job changes happen and people need to relocate. So if you are in a situation where you need to make a move now, please reach out to Linda or to myself. We’d love to help you.

See below for RMLS data.

New on the Market Nov 13-19, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
4621 Lakeview Blvd	Condo	$329,900	2	2	1178
529 8th St	Detached	$2,400,000	4	3.5	3569
4965 Park Bluff Pl	Detached	$2,595,000	5	4.5	4568

Pending Nov 13-19, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
86 Kingsgate Rd #22	Condo	$299,500	2	2	924	125
5053 Foothills Dr A	Condo	$445,000	3	2	1252	19
2019 Bonniebrae Dr	Attached	$525,000	3	2	1539	18
16131 Lindsay Ct	Detached	$680,000	4	2.5	1832	28
1525 Ivy Ct	Detached	$739,000	4	2.5	2163	116
5311 Childs Rd	Detached	$819,500	4	2.5	1929	124
1 Creekside Terr	Detached	$1,095,000	5	4	4230	42
4904 Parkhill St	Detached	$1,195,000	4	2.5	3433	7
17393 Grandview Ct	Detached	$1,275,000	4	3.5	3772	4
4974 Cascara Ln	Detached	$1,285,000	4	2.5	3476	2
3232 Lakeview Blvd	Detached	$6,000,000	4	5.5	8170	424

Sold/Closed Nov 13-19, 2023

Address	Type	List Price	Sold Price	Sq Feet	CDOM
3433 McNary Pkwy #601	Condo	$325,000	$325,000	1285	20
480 S State St	Condo	$480,000	$370,000	1659	185
5225 Jean Rd 307	Condo	$425,000	$420,000	1100	185
15930 Waluga Dr	Detached	$599,900	$570,000	1040	22
16266 Parker Rd	Detached	$849,900	$698,000	2014	94
12 Morningview Ln	Attached	$815,000	$765,000	2730	51
2400 Park Rd	Detached	$875,000	$850,000	1962	32
17144 Warren Ct	Detached	$999,000	$950,000	2804	6
14210 Amberwood Circle	Detached	$1,200,000	$1,145,000	3391	30
17292 Cedar Rd	Detached	$1,400,000	$1,400,000	1400	79
17787 Crestline Dr	Detached	$1,495,000	$1,491,375	3362	3
18499 Old River Dr	Detached	$1,749,000	$1,543,950	4217	130
504 8th St	Detached	$1,675,000	$1,665,000	2858	5
19777 Sycamore Ave	Detached	$3,499,000	$2,250,000	4432	110
1101 Crestline Ct	Detached	$3,299,000	$3,135,000	7229	52

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.