Greetings Property Blotter Readers!
Happy 2019! OK, Dianne and I are getting back to “normal” now, and this is the first one-week report of the year for Lake Oswego. You can see below that we’re starting up steady with new properties beginning to hit the market and go Pending, and lots of properties Closing that were Pending during 2018. I removed 11 properties showing as “New” that had actually been “refreshed”, so these numbers below are real. ***I’ll also have the much anticipated 2018 “Year-End” numbers in the News & Notes report for you this week.
There are 189 homes for sale in Lake Oswego right now. Last week 9 New properties entered the market, 8 moved to Pending status, and 18 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Jan 7-13, 2019)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 48 CRESTFIELD CT #48 | $223,800 | 2 | 1 | 921 | CONDO |
| 4000 Carman DR #40 | $269,000 | 2 | 2 | 906 | CONDO |
| 16880 CORTEZ CT | $455,000 | 3 | 2.1 | 2313 | DETACHD |
| 5222 CARMAN DR | $599,999 | 3 | 2 | 2543 | DETACHD |
| 2801 LAKEVIEW BLVD | $799,900 | 3 | 3.2 | 3144 | DETACHD |
| 2925 ORCHARD HILL PL | $825,000 | 3 | 2.1 | 2767 | DETACHD |
| 780 BRIERCLIFF LN | $1,168,000 | 5 | 3.1 | 3061 | DETACHD |
| 17211 BLUE HERON RD | $1,385,000 | 3 | 2.1 | 2701 | DETACHD |
| 15566 VILLAGE PARK CT | $1,475,000 | 4 | 3.1 | 4855 | DETACHD |
PENDING SALES (Jan 7-13, 2019)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 13 OSWEGO SMT / Lower | $129,900 | 1 | 1 | 764 | CONDO | 441 |
| 44 EAGLE CREST DR / Upper | $195,000 | 2 | 1 | 908 | CONDO | 88 |
| 233 CERVANTES / Ground | $199,900 | 2 | 1.1 | 1216 | CONDO | 49 |
| 3692 SPRING LN / Upper | $249,000 | 2 | 2 | 1117 | CONDO | 162 |
| 553 6TH ST | $499,950 | 1 | 1 | 1390 | DETACHD | 158 |
| 3857 BASS LN | $639,000 | 3 | 2.1 | 2608 | DETACHD | 55 |
| 17342 RIDGEVIEW CT | $1,360,000 | 4 | 3.1 | 4238 | DETACHD | 162 |
| 4694 UPPER DR | $1,450,000 | 3 | 3 | 3637 | DETACHD | 249 |
SOLD (Jan 7-13, 2019)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 149 OSWEGO SMT / Upper | $213,000 | $196,000 | 2 | 2 | 1212 | CONDO | 192 |
| 204 RIDGEWAY RD #204 | $239,000 | $239,000 | 1 | 1 | 778 | CONDO | 12 |
| 1172 BOCA RATAN DR | $375,000 | $365,000 | 3 | 2 | 1611 | ATTACHD | 2 |
| 12886 BOONES FERRY RD | $379,900 | $375,000 | 2 | 2.1 | 1182 | CONDO | 13 |
| 17700 BRYANT RD | $385,000 | $385,000 | 3 | 1.1 | 1572 | DETACHD | 0 |
| 17510 Hill WAY | $399,900 | $400,000 | 2 | 1 | 2032 | DETACHD | 5 |
| 4298 WOODSIDE CIR | $439,000 | $427,000 | 3 | 3 | 2600 | ATTACHD | 306 |
| 18 GROUSE TER | $540,000 | $535,000 | 4 | 2.1 | 2631 | DETACHD | 93 |
| 5651 WINDFIELD LOOP | $569,500 | $537,000 | 2 | 2 | 1622 | DETACHD | 16 |
| 6414 FROST ST | $597,900 | $560,375 | 3 | 2.1 | 2205 | DETACHD | 54 |
| 5272 TREE ST | $599,000 | $584,000 | 3 | 3 | 1948 | DETACHD | 52 |
| 17079 CHERRY CREST AVE | $679,000 | $660,000 | 3 | 2.1 | 3002 | DETACHD | 23 |
| 15085 GLEN EAGLES PL | $675,000 | $675,000 | 4 | 3 | 2956 | DETACHD | 4 |
| 5668 VICTORIA CT | $729,000 | $710,000 | 4 | 2.1 | 3024 | DETACHD | 73 |
| 16987 ALDER CIR | $899,000 | $865,000 | 2 | 2.1 | 1991 | DETACHD | 407 |
| 455 9TH ST | $949,000 | $949,000 | 3 | 2.1 | 2143 | DETACHD | 0 |
| 4450 UPPER DR | $1,100,000 | $1,100,000 | 3 | 1 | 2580 | DETACHD | 12 |
| 612 CABANA LN | $2,350,000 | $2,150,000 | 4 | 4 | 3862 | DETACHD | 16 |
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.
The holidays are all around us now!
Inventory is still higher than usual, but is slowing down just a bit. I hate to keep beating this drum, but it really is the best time of year to buy. Two of my clients just snapped up two gorgeous Lake Oswego homes and had some great options from which to choose. In any event, please call me or Dianne if you’d like to take advantage of this market.
Yes, the winter chill is on, and we are moving into Harvest Mode! Please mark your calendar for Sat, Nov 17th (this week) 10AM-3PM for the 7th Annual Reunion Farmers Market in Lake Oswego at Millennium Plaza Park ~ Get all the details, see the vendor list, and start making plans to be there!