Author: Linda Rossi

Posted on

Market Activity ~ April 17-23, 2017

Last week saw 16 New properties enter the market in Lake Oswego, 28 move to Pending status, and 22 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Apr 17-23, 2017)

Address List Price # Beds # Baths Total SF Prop Type
12 OSWEGO SMT / Upper $190,000 2 2 1140 CONDO
5056 FOOTHILLS DR #58 $339,900 2 2 1252 CONDO
4268 WOODSIDE CIR $375,000 4 2 1944 ATTACHD
1033 HALLINAN ST $399,900 3 1 936 DETACHD
975 SOUTHSHORE BLVD $579,995 3 2.1 2191 DETACHD
20 MORNINGVIEW CIR $619,000 3 2.1 2698 DETACHD
1991 WEMBLEY PL $625,000 4 2 3042 DETACHD
5875 BAY POINT DR $649,000 3 2.1 2511 DETACHD
940 HOODVIEW LN $649,900 4 2.1 2520 DETACHD
880 WOODWAY CT $700,000 4 3 3513 DETACHD
18439 DEERBRUSH AVE $719,900 4 2.1 2694 DETACHD
16493 GLENWOOD CT $799,000 4 3.1 4530 DETACHD
3088 ROSEMARY LN $824,000 4 2.1 3233 DETACHD
592 7TH ST $988,000 2 3 2562 DETACHD
3151 ALBER SPRING CT $999,950 5 3.1 3802 DETACHD
1130 OAK TER $1,099,000 4 3.1 3729 DETACHD

PENDING SALES (Apr 17-23, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #126 $183,000 2 2 1000 CONDO 5
44 EAGLE CREST DR #36 $189,900 2 1 908 CONDO 14
4 TOUCHSTONE #76 $199,900 2 2 984 CONDO 7
200 BURNHAM RD #400 $210,000 1 1 968 CONDO 2
146 OSWEGO SMT / Upper $229,900 2 2 1212 CONDO 2
245 CERVANTES / Lower $250,000 2 2 1292 CONDO 17
32 GREENRIDGE CT $353,000 3 2.1 1996 CONDO 107
4756 CARMAN DR $379,000 3 1 1455 DETACHD 4
16393 KIMBALL ST $459,400 3 2 1522 DETACHD 52
1658 GREENTREE RD $479,000 4 3 2394 DETACHD 40
16650 LAKE FOREST BLVD $479,000 3 2 1646 DETACHD 2
19201 SW RED WING CT $514,900 4 3 2471 DETACHD 1
18791 INDIAN CREEK WAY $545,000 3 2 1965 DETACHD 4
16500 LEXINGTON CT $550,000 2 2 1688 DETACHD 7
17582 CARDINAL DR $599,900 4 2.1 2326 DETACHD 73
1662 WORTHINGTON ST $599,999 4 2.1 2116 DETACHD 7
5656 LA MESA CT $674,500 4 3 2748 DETACHD 214
17568 BLUE HERON CT $675,000 4 3.1 3909 DETACHD 295
17020 CHAPIN WAY $675,000 4 3 3258 DETACHD 60
4182 GLACIER LILY ST $685,000 4 3 2799 DETACHD 107
16872 CANYON DR $689,900 5 3.1 4069 DETACHD 30
4819 HASTINGS DR $699,900 4 2.1 2453 DETACHD 4
16038 REESE RD $699,900 4 3 3189 DETACHD 48
586 WEIDMAN CT $850,000 5 3.1 3796 DETACHD 4
15963 BONAIRE AVE $868,000 3 2.1 3050 DETACHD 43
950 CEDAR ST $993,000 4 3.1 3135 DETACHD 417
4230 SUNSET DR $1,200,000 4 2.1 3250 DETACHD 14
16645 GRAEF CIR $1,750,000 4 4.1 3075 DETACHD 1

SOLD (Apr 17-23, 2017)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
64 CERVANTES CIR $179,698 $180,000 2 1.1 912 CONDO 2
86 KINGSGATE RD #D-201 $189,500 $195,000 2 2 938 CONDO 6
5056 FOOTHILLS DR #G $309,000 $309,000 2 2 1252 CONDO 3
14372 SHERBROOK PL $335,000 $315,000 2 1.1 1216 DETACHD 203
16514 CARNEGIE AVE $440,000 $390,000 3 1.1 1182 DETACHD 7
16821 CORTEZ CT $375,000 $409,900 3 2 1192 DETACHD 5
5000 CARMAN DR $499,900 $430,000 2 2.1 2010 DETACHD 110
18455 SW Terry $449,000 $447,000 3 2 2257 DETACHD 8
19064 BENFIELD AVE $465,000 $447,100 4 2 1928 DETACHD 5
6276 FROST LN $549,000 $551,000 4 3.1 2304 DETACHD 6
145 DEL PRADO ST $525,000 $561,000 3 2 2074 DETACHD 3
4680 UPPER DR $575,000 $599,999 3 2 1656 DETACHD 4
17372 HUNTER CT $699,000 $622,325 3 2.1 3424 DETACHD 229
15155 BROOK CT $599,900 $630,000 4 3 2388 DETACHD 5
6 DEL PRADO ST $635,000 $655,000 4 3 3318 DETACHD 3
17560 WESTVIEW DR $670,000 $715,000 3 2.1 2590 DETACHD 4
13745 CAMEO CT $895,500 $825,000 4 3 3380 DETACHD 10
17521 LAKE HAVEN DR $899,900 $879,500 4 2.1 3080 DETACHD 5
14021 EDENBERRY CT $875,000 $903,000 4 2.1 3238 DETACHD 5
17512 GREENBLUFF DR $1,150,000 $998,000 4 4 4033 DETACHD 245
15112 QUARRY RD $1,099,000 $1,099,000 5 3.1 3285 DETACHD 25
671 5TH ST $1,178,000 $1,160,000 4 2.1 2781 DETACHD 161

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.

Posted on

Price Per SF in Lake Oswego

Price per SF is a valuable tool for Realtors and Home Buyers in the know. In truth, when trying to figure a property’s market value, other factors come in to play, such as niche location, amenities, upgrades and whether the home is small, medium or large (in general, smaller homes garner more per SF than larger homes). Normally, if interested in a particular home, you would want your Realtor to take a look at “comparables”, which means taking all those things I just mentioned into consideration when looking for other homes close geographically to the property of interest and having sold as recently as possible with as many similar characteristics as possible. When compiling a grouping of such homes, the justification (or not) for an asking price can be better ascertained.  In Lake Oswego we have such a variety of neighborhoods and price ranges that in any given time period the numbers, as I’m sure you’ve noted from our weekly reports, can change dramatically.  That being a given, I’ll pull some numbers together just for fun.

Last week (3/27-4/2/17) there were a total of 15 properties Sold in Lake Oswego. The lowest price per SF was $118. The highest was $373.  The Average “Sold” price per SF was $259.

Let’s break things down a bit and look at a snapshot of a month.  (Sold 3/7-4/7/17)

Condos

There were 16 Condos Sold.

The lowest price per SF was $118.

The highest was  $308.

The Average “Sold” price per SF was $210.

Single Family Homes 

There were 44 Detached Homes Sold.

The lowest price per SF was $153.

The highest was $419.

The Average “Sold” price per SF was $261

To get a good look at what waterfront properties Sold for in Lake Oswego, I went back 6 months. (

Waterfront Properties (River and Lake)

There were 21 Waterfront properties Sold.

The lowest price per SF was $163.

The highest was $716.

The Average “Sold” price per SF was $451.

Again, this is just an exercise for fun. My personal take on real estate is that each property is somewhat unique, and deserves to be compared to other properties with the most common physical & geographic characteristics as humanly possible.  But it is interesting to conduct this activity if for no other reason than to see how wildly the pendulum swings in Lake Oswego!

I hope this information was interesting and possibly helpful.

Very Best,

Linda

 

Posted on

Market Activity ~ March 27-April 2, 2017

Last week saw 11 New properties enter the market in Lake Oswego, 15 move to Pending status, and 15 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Mar 27-Apr 2, 2017)

Address List Price # Beds # Baths Total SF Prop Type
181 OSWEGO SMT $237,000 2 2 1383 CONDO
#405 $285,000 2 2 1325 CONDO
668 MCVEY AVE $349,900 2 1 852 CONDO
5053 FOOTHILLS DR #F $365,000 3 2 1252 ATTACHD
5463 TREE ST $485,000 3 1.1 1460 DETACHD
1031 OXFORD DR $549,000 3 2.1 2492 DETACHD
8 PIMLICO TER $695,000 5 3 3120 DETACHD
2397 HILLSIDE LN $739,000 5 3 2950 DETACHD
13327 ATWATER LN $1,395,000 3 3 3004 DETACHD
888 FAIRWAY RD $1,770,000 5 2.2 5788 DETACHD
16819 GREENBRIER RD $1,995,000 4 4 3022 DETACHD

PENDING SALES (Mar 27-Apr 2, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
318 CERVANTES CIR $189,900 2 1 832 CONDO 35
3970 CARMAN DR $250,000 2 2.1 1129 ATTACHD 2
1602 BONNIEBRAE DR $275,000 2 1 864 ATTACHD 7
234 RIDGEWAY RD $289,900 2 1 914 CONDO 11
5056 FOOTHILLS DR #F $350,000 3 2 1252 CONDO 17
3190 DUNCAN DR $439,999 3 2.1 2401 DETACHD 3
2 DEL PRADO ST $550,000 5 4 3287 DETACHD 2
4587 TRILLIUM WOODS $650,000 3 2.1 2211 ATTACHD 2
5533 KENNY ST $700,000 4 3 2900 DETACHD 5
15845 SW Alston WAY $755,000 4 2.1 2682 DETACHD 575
820 BOCA RATAN DR $785,000 4 3.1 2628 DETACHD 263
13 NANSEN SMT $899,900 4 4.1 4625 DETACHD 1340
203 RIDGEWAY RD $949,000 4 3.1 3624 DETACHD 646
18246 BELLA TERRA DR $1,349,900 4 3.1 4196 DETACHD 52
4394 Lords LN $1,350,000 4 3.1 3748 DETACHD

SOLD (Mar 27-Apr 2, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 OSWEGO SMT $109,899 $90,000 1 1 764 CONDO 45
16250 PACIFIC HWY #43 $229,000 $226,500 2 2 1311 CONDO 189
5333 TREE ST $400,000 $400,000 3 1 1114 DETACHD 3
1180 OXFORD DR $409,900 $450,000 3 3 1760 DETACHD 8
6462 FROST ST $499,000 $490,000 4 2.1 2279 DETACHD 9
17605 HILL WAY $500,000 $510,000 3 2.1 2054 DETACHD 3
4585 TRILLIUM WOODS $575,000 $587,500 3 2.1 2004 ATTACHD 7
17821 SUNDOWN CT $599,000 $590,000 4 2.1 3368 DETACHD 165
4668 HASTINGS PL $649,900 $649,900 3 2.1 2432 DETACHD 3
1276 ROCKINGHORSE LN $679,900 $685,000 5 3 3304 DETACHD 4
4847 HASTINGS DR $699,000 $710,000 4 2.1 2703 DETACHD 4
2055 RIDGE POINTE DR $775,000 $745,000 5 3 3454 DETACHD 236
115 3RD ST – Upper $799,000 $754,400 4 2.1 2453 CONDO 216
18653 PILKINGTON RD $1,100,000 $1,100,000 4 3.1 3260 DETACHD 6
915 CEDAR ST $1,200,000 $1,200,000 4 3.1 3219 DETACHD 327

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.

Posted on

News & Notes ~ Feb Data ~ 2017

The latest numbers for the entire Portland area for February 2017 are in!

I usually give our Property Blotter Readers a glimpse at the whole Portland market and how Lake Oswego fits into it below. Here you go!

According to the RMLS Market Action Report for the Portland Metro Area:

  • There were 2,521 New Listings in February 2017 which was down 12.9% from February of 2016’s 2,896, but UP 14% from January of 2017’s total of 2,212.
  • At 1,669, February Closed Sales were down 7.9% from February 2016’s 1,813, and also down 9.6% over the previous month/January 2017’s total of  1,847. (So, more sales Closed in January for people who were Pending during the year-end push.)
  • February Pending Sales (accepted offers), at 2,369, fell 15% from February of 2016, but were UP 19% from the previous month/January 2017’s total of 1,990.
  •  The Average Sale Price in February of $404,200 was up $39,300 from February 2016’s $364,900, and down a bit from January 2017’s $409,900.

Average Sale Prices for February & Appreciation (12-month) By Area were:

  • North Portland: $368,700    11.2%
  • NE Portland:  $429,500    12.2%
  • SE Portland: $355,700    10.8%
  • Gresham/Troutdale: $297,000    12.2%
  • Milwaukie/Clackamas: $381,000    11.2%
  • Oregon City/Canby: $403,700    11.7%
  • Lake Oswego/West Linn: $661,500    16.5%
  • W Portland: $527,400    13.8%
  • NW Washington County: $528,500    10.6%
  • Beaverton/Aloha: $336,000    12.5%
  • Tigard/Wilsonville: $429,400    9.7%
  • Hillsboro/Forest Grove: $367,500    14.5%

The combined areas of Lake Oswego and West Linn  for the month of February 2017 reported:

    •  252 Active Listings   
    •  148 New Listings     
    •  124 Pending Sales   
    •  79 Closed Sales  
    • Average Sale Price for February: $661,500  
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 87 Days   
Posted on

Market Activity ~ March 6-12, 2017

Last week saw 19 New properties enter the market in Lake Oswego, 23 move to Pending status, and 16 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Mar 6-12, 2017)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #11 $120,900 1 1 617 CONDO
16725 LAKE FOREST BLVD $414,900 3 2 1392 DETACHD
5717 SW LANGFORD LN $487,500 3 3 1800 DETACHD
3211 ROYCE WAY $499,900 3 2.1 2395 DETACHD
5966 FROST LN $550,000 4 2.1 2036 DETACHD
2401 MAYORS LN $595,000 3 3 3004 DETACHD
15155 BROOK CT $599,900 4 3 2388 DETACHD
1641 DEVON LN $619,000 4 2.1 2013 DETACHD
37 CHURCHILL DOWNS $634,000 3 2.1 2410 DETACHD
46 DA VINCI ST $659,900 4 3 3378 DETACHD
1510 Cherry Crest DR $714,000 6 4 3786 DETACHD
4890 SAGE HEN CIR $750,000 4 2.1 2832 DETACHD
13745 CAMEO CT $895,500 4 3 2844 DETACHD
3623 EENA RD $1,090,000 4 3.1 3429 DETACHD
17327 KELOK RD $1,299,000 3 3 2292 DETACHD
15800 OSWEGO SHORE CT $1,299,900 4 3.1 4047 DETACHD
870 TERRACE DR $1,329,000 5 3.1 4652 DETACHD
17399 CANAL CIR $2,395,000 4 3.1 4442 DETACHD
2180 PRESTWICK RD $3,100,000 3 4.1 4150 DETACHD

PENDING SALES (Mar 6-12, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #48-C $130,000 1 1 696 CONDO 6
64 CERVANTES CIR $179,698 2 1.1 912 CONDO 2
46 CRESTFIELD CT /Upper $189,000 2 1.1 923 CONDO 3
4000 CARMAN DR #60 $200,000 2 2 866 CONDO 2
44 EAGLE CREST DR #11 $210,000 3 2 1085 CONDO 22
4000 CARMAN DRn #A6 $215,000 2 2 866 CONDO 2
5056 FOOTHILLS DR #G $309,000 2 2 1252 CONDO 3
6030 SHAKESPEARE ST $359,900 3 1 1056 DETACHD 5
16514 CARNEGIE AVE $440,000 3 1.1 1182 DETACHD 7
1032 LAUREL ST $535,000 4 2 2426 DETACHD 3
4585 TRILLIUM WOODS $575,000 3 2.1 2004 ATTACHD 7
4286 ORCHARD WAY $580,000 3 2 2106 DETACHD 18
6 DEL PRADO ST $635,000 4 3 3318 DETACHD 3
17351 CANYON DR $699,900 5 3 2944 DETACHD 4
5522 ROYAL OAKS DR $715,000 4 2.1 2770 DETACHD 12
16038 REESE RD $729,900 4 3 3189 DETACHD 5
577 LAUREL ST $779,000 4 3.1 2747 DETACHD 204
205 5TH ST $799,000 4 3 2556 DETACHD 111
13970 TAYLORS CREST LN $869,000 4 2.1 3371 DETACHD 2
15199 LILY BAY CT $878,000 5 3 2696 DETACHD 19
17521 LAKE HAVEN DR $899,900 4 2.1 3080 DETACHD 5
2757 GLEN HAVEN RD $1,590,000 4 3.1 4604 DETACHD 85
757 LAKE SHORE RD $2,895,000 4 3.1 4098 DETACHD 126

SOLD (Mar 6-12, 2017)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4625 LAKEVIEW BLVD/Grnd $129,000 $145,000 1 1 753 CONDO 8
86 KINGSGATE RD #F206 $164,900 $158,500 2 2 840 CONDO 1
326 CERVANTES CIR #13E $189,900 $185,000 2 1 832 CONDO 10
3680 SPRING LN #2B $269,900 $274,700 2 2.1 1152 CONDO 8
5228 BONITA RD $330,000 $290,000 4 2.1 1800 DETACHD 26
16411 INVERURIE RD $350,000 $325,000 2 1 920 DETACHD 1
19377 SYCAMORE AVE $355,000 $357,000 3 1 1008 DETACHD 3
4724 FIRWOOD RD $405,000 $410,000 3 1.1 1240 DETACHD 57
1838 OAK KNOLL CT $649,000 $577,500 4 2.1 2557 DETACHD 102
32 DA VINCI ST $679,000 $595,000 5 3 3460 DETACHD 217
1282 HIDE A WAY LN $775,000 $665,000 5 3 3249 DETACHD 152
57 EAGLE CREST DR $679,900 $685,000 5 2.1 3884 DETACHD 208
849 F AVE $1,199,900 $1,100,000 3 2.1 2674 DETACHD 101
12819 ALTO PARK RD $1,199,900 $1,130,000 4 4.1 4102 DETACHD 130
4331 LORDS LN $1,289,900 $1,340,269 5 4 3812 DETACHD 0
18008 GREENBLUFF DR $2,095,000 $1,650,000 3 3.1 4402 DETACHD 318

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.

Posted on

Market Activity ~ Feb 6-19, 2017

The two week period from Feb 6-19 saw 17 New properties enter the market in Lake Oswego, 39 move to Pending status, and 24 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 6-19, 2017)

Address List Price # Beds # Baths Total SF Prop Type
15479 BRIANNE CT $299,900 2 2.1 1204 ATTACHD
18455 SW Terry $449,000 3 2 2257 DETACHD
16809 CORNELL ST $535,000 3 3.1 3034 DETACHD
4286 ORCHARD WAY $580,000 3 2 2106 DETACHD
900 DEVON LN $595,000 4 3 2234 DETACHD
17582 CARDINAL DR $599,900 4 2.1 2326 DETACHD
17020 CHAPIN WAY $675,000 4 3 3258 DETACHD
5622 CARMAN DR $689,900 4 2 2164 DETACHD
15199 LILY BAY CT $878,000 5 3 2696 DETACHD
4190 CHAD DR $925,000 4 3.1 3913 DETACHD
1273 WELLS ST $979,000 5 3 4091 DETACHD
1120 HOODVIEW LN $1,175,000 4 3 3909 DETACHD
13598 MEADOWCREEK LN $1,300,000 4 3.1 3403 DETACHD
18246 BELLA TERRA DR $1,349,900 4 3.1 4196 DETACHD
13707 FIELDING RD $1,500,000 4 3 3337 DETACHD
17138 CEDAR RD $1,975,000 3 3.1 3017 DETACHD
13560 FIELDING RD $2,688,000 5 5.1 5308 DETACHD

PENDING SALES (Feb 6-19, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1 CRESTFIELD CT $149,500 1 1 689 CONDO 4
4 TOUCHSTONE #71 $169,000 2 2 984 CONDO 2
32 CRESTFIELD CT $179,000 2 2 995 CONDO 3
6880 SW MONTAUK CIR #6882 $195,000 2 1 924 CONDO 6
151 OSWEGO SMT $199,900 2 2 1506 CONDO 37
200 RIDGEWAY RD $225,000 2 1 944 CONDO 4
16411 INVERURIE RD $350,000 2 1 920 DETACHD 1
4980 GALEN ST $374,999 2 2.1 1552 ATTACHD 4
23 MOUNTAIN CIR $395,000 2 2 1363 DETACHD 17
5333 TREE ST $400,000 3 1 1114 DETACHD 3
4724 FIRWOOD RD $405,000 3 1.1 1240 DETACHD 57
29 BECKET ST $480,000 3 2.1 2354 DETACHD 124
6462 FROST ST $499,000 4 2.1 2279 DETACHD 9
17605 HILL WAY $500,000 3 2.1 2054 DETACHD 3
48 AQUINAS ST $509,000 4 2 2693 DETACHD 2
1225 CORNELL ST $514,999 3 2 1395 DETACHD 65
6122 CARMAN DR $520,000 4 2 1508 DETACHD 4
1710 MEADOWS DR $525,000 3 2 1677 DETACHD 4
19061 SW INDIAN CREEK AVE $529,000 4 3 3070 DETACHD 187
18400 INDIAN CREEK DR $548,800 4 3 1736 DETACHD 5
4750 UPPER DR $550,000 4 3 3091 DETACHD 14
17433 SCHALIT WAY $589,950 4 2.1 2350 DETACHD 5
275 EVERGREEN RD $600,000 2 3.1 1761 ATTACHD 9
17225 GREENTREE AVE $639,900 4 3 2718 DETACHD 178
4668 HASTINGS PL $649,900 3 2.1 2432 DETACHD 3
17927 RIDGE LAKE DR $659,000 4 2.1 2544 DETACHD 18
57 EAGLE CREST DR $679,900 5 2.1 3884 DETACHD 208
1276 ROCKINGHORSE LN $679,900 5 3 3304 DETACHD 4
1282 HIDE A WAY LN $699,000 5 3 3249 DETACHD 152
4847 HASTINGS DR $699,000 4 2.1 2703 DETACHD 4
14061 TAYLORS CREST LN $765,000 4 2.1 2970 DETACHD 114
2100 RIDGE POINTE DR $799,900 5 5.1 5375 DETACHD 228
18653 PILKINGTON RD $1,100,000 4 3.1 3260 DETACHD 6
3129 DOUGLAS CIR $1,170,000 4 3.1 4002 DETACHD 23
4100 CANAL RD $1,349,000 4 3.1 4957 DETACHD 16
4434 LAKEVIEW BLVD $1,375,000 3 3 2803 DETACHD 89
17437 CANAL CIR $1,550,000 4 2.1 2815 DETACHD 4
18000 EASTRIDGE LN $1,750,000 4 4.1 5610 DETACHD 16
1210 CHANDLER RD $2,599,000 6 6.2 7668 DETACHD 326

SOLD (Feb 6-19, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
3433 MCNARY PKWY #703 $194,500 $210,000 2 2 1008 CONDO 3
4000 CARMAN DR #32 $235,000 $228,000 2 2 1083 CONDO 6
183 OSWEGO SMT $265,000 $237,400 2 2 1506 CONDO 105
1694 BONNIEBRAE DR $275,000 $270,000 2 1 864 CONDO 19
5057 FOOTHILLS DR #C $299,900 $309,900 3 2 1252 CONDO 25
4351 WOODSIDE CIR $385,500 $341,500 3 2 1532 CONDO 36
5916 KENNY ST $439,900 $390,000 3 1 1012 DETACHD 116
1 SAINT HELENS CIR $424,900 $424,900 3 2.1 1422 DETACHD 74
4396 GALEWOOD ST $450,000 $450,000 3 2.1 1672 DETACHD 0
5538 ROYAL OAKS DR $525,000 $512,000 3 2 1899 DETACHD 15
4920 CENTERWOOD ST $569,000 $551,250 3 2.1 2072 DETACHD 175
64 TOUCHSTONE $585,000 $565,000 4 2.1 3494 DETACHD 49
13448 AUBURN CT $649,900 $645,000 3 2.1 2535 ATTACHD 1
17517 OAK MEADOW LN $709,000 $690,000 4 2.1 2952 DETACHD 60
674 1st ST $699,000 $694,000 2 2.1 2140 CONDO
5124 WOODCREST LN $739,000 $742,000 4 2.1 2923 DETACHD 2
471 COUNTRY CLUB CT $799,999 $782,000 4 3 2962 DETACHD 290
4113 WOLF BERRY CT $839,000 $815,000 4 3 2922 DETACHD 26
5327 CARMAN GROVE LN $845,000 $840,700 4 3 3125 DETACHD 170
18402 ANDUIN TER $1,185,000 $895,000 4 3.1 4118 DETACHD 93
17833 MARYLCREEK DR $1,180,000 $930,000 5 4.1 5495 DETACHD 136
1340 COUNTRY COMMONS $1,089,900 $1,089,900 4 3 3359 DETACHD 20
13725 CAMEO CT $1,500,000 $1,450,000 5 4.1 4803 DETACHD 329
333 NORTHSHORE RD $3,597,500 $3,300,000 4 4.1 5150 DETACHD 28

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.

Posted on

Snapshot of Community Activities & Events

Ever wonder what this community is really like? Here are a few upcoming events (out of many!) to give you an idea of the variety of ongoing activities available to the residents and friends of Lake Oswego:

  • Every Wed 9:15-10:15AM, Little Medical School brings science, medicine and  the importance of health to 4-6 year olds in a fun way!  Lake Oswego Parks & Recreation, 1500 Greentree Road  CLICK HERE FOR MORE    Little Sports Medical School for Ages 8-11 Meet Saturdays 9:30-10:30AM!
  • Author Nathalia Holt’s Rise of the Rocket Girls (The Unsung Heroes of NASA) is the true story of women who helped launch America into space. Come meet her and hear her presentation at the Lake Oswego Library Wed, Feb 8 from 7:00– 9:00PM. Tickets are free, but you must have a ticket. CLICK HERE for more information.
  • Want to go Cross-Country Skiing with old and perhaps new friends?  Come on down to Palisades at  1500 Greentree Rd. on Sat, Feb 11 at 8:00AM & head on up the mountain for a fun-filled day at Multorpor Meadows.  CLICK HERE for more information.
  • Friends of Southwood (4.10 acres of natural area and a stream) invite you to come join in and help plant native species to contribute to a healthy stream and provide food and shelter to important bugs and pollinators. Sat, Feb 11, 2017 10:00– 12:00PM  Please contact Kim Valley  for more information at 503-336-4646.
  • Teen Valentine Poetry Slam happens Thurs, Feb 9th 7:00-8:00PM at the Lake Oswego Library. Love the love, or not!  Either way, we care!  Put your feelings in a poem and get ready to share…
  • Aqua Yoga is here! Join this low-impact class held Saturdays, 11:00-11:45 at The Springs at Carman Oaks, 3800 Carman Drive. CLICK HERE to register!
  • Breaking the Sound Barrier: Celebrating Unsung Heroes in Science. Lakewood Center for the Arts, Feb 11th, 10:30AM-12:00PM. Come enjoy this Readers Theater presentation with a focus on women in science of whom you’ve never heard! The actors will represent Nobel Prize winners, astronauts, inventors, and other inspirational women scientists in a refreshing and fun style.  You’ll learn about heroes whose achievements affect our everyday lives in a positive way.  Directed by experienced local theatre producer Barbara McDonald and featuring local AAUW actors.  Written by Gloria Holland, Salem AAUW.
Posted on

Market Activity ~ Jan 23-29, 2017

Last week saw 5 New properties enter the market in Lake Oswego, 9 move to Pending status, and 13 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 23-29, 2017)

Address List Price # Beds # Baths Total SF Prop Type
4625 LAKEVIEW BLVD $129,000 1 1 753 CONDO
5228 BONITA RD $330,000 4 2.1 1800 DETACHD
17927 RIDGE LAKE DR $659,000 4 2.1 2544 DETACHD
17071 REBECCA LN $669,000 3 3 2288 DETACHD
17973 Saint Clair DR $748,000 4 3 3323 DETACHD
5328 LOWER DR $795,000 4 2.1 2600 DETACHD
15112 QUARRY RD $1,099,000 5 3.1 3285 DETACHD
3129 DOUGLAS CIR $1,170,000 4 3.1 4002 DETACHD
15536 VILLAGE DR $1,178,000 6 3 3985 DETACHD
4100 CANAL RD $1,349,000 4 3.1 4957 DETACHD

PENDING SALES (Jan 23-29, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4660 WILDWOOD ST $450,000 4 2 2412 DETACHD 118
17821 SUNDOWN CT $599,000 4 2.1 3368 DETACHD 165
44 NOVA CT $749,900 4 2.1 2868 DETACHD 127
471 COUNTRY CLUB CT $799,999 4 3 2962 DETACHD 290
2107 GOODALL CT $850,000 4 3 3029 DETACHD 3
670 1st ST $899,000 3 2.1 2767 CONDO
13 NANSEN SMT $899,900 4 4.1 4625 DETACHD 1278
4720 FIRWOOD RD $1,150,000 4 3 3483 DETACHD 0
12819 ALTO PARK RD $1,169,900 4 4.1 4102 DETACHD 130

SOLD (Jan 23-29, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD #D104 $164,900 $157,000 2 2 924 CONDO 13
4 TOUCHSTONE #87 $175,000 $160,800 2 2 984 CONDO 23
18220 INDIAN CREEK DR $489,000 $470,000 4 2 1736 DETACHD 62
655 2ND ST $499,000 $500,000 2 2 1457 ATTACHD 32
18441 INDIAN CREEK DR $500,000 $512,500 3 2.1 1775 DETACHD 1
19 FALSTAFF ST $549,000 $515,000 4 2.1 3207 DETACHD 207
16 CHURCHILL DOWNS $565,000 $554,000 3 2.1 2056 DETACHD 9
16827 SCOTT CT $1,000,000 $990,000 4 3.1 4179 DETACHD 140
429 6th ST $1,049,000 $999,000 4 2.1 3205 DETACHD
13959 FOSBERG RD $2,500,000 $1,543,440 4 5.1 5075 DETACHD 183

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.

Posted on

News & Notes ~ Dec. & 2016 Numbers

Well, the latest numbers for the entire Portland area for December and 2016 are in!  This is particularly interesting because the numbers are through December 31st…therefore there are figures for December (best look at what’s happening “right now”) AND for the entire year.

Here’s a bonus piece of information (graphic) that just came out via Realtor.com indicating that land is now accounting for more of the value of a property than it used to across the United States. We don’t know what this will mean as yet, but it will likely affect how Appraisers valuate and may impact loans accordingly. Keep your eyes peeled for more information on this as the year progresses.

Land Value

I usually give our Property Blotter Readers a glimpse at the whole Portland market and how Lake Oswego fits into it below. Here you go!

According to the RMLS Market Action Report for the Portland Metro Area:

  • There were 1,421 New Listings in December 2016 which was down 7.6% from December of 2015’s 1,548, and also down 31.7% from November of 2016’s total of 2,080.
  • At 2,621, December Closed Sales were also down 3.3% from December 2015’s 2,710, and UP 7.7% over the previous month/November 2016’s total of  2,434.
  • December Pending Sales (accepted offers), at 1,757, fell 9.2% from December of 2015’s 1,936, and were also down 22.5% from the previous month/November 2016’s total of 2,266. (Typical: Holidays… Fewer people out making offers for awhile.)
  •  The Average Sale Price in December of $399,300 was up $31,700 from December 2015’s $367,600, and also up from November 2016’s $397,000.
  • The Year-End (Year-To-Date/YTD) Average Sale Price for the Overall Portland Area was $395,000. That compares to 2015’s YTD Average Sale Price which was $354,500. and accounts for an 11.4% rise.
  • The Inventory inventory situation is not much different from last year, which was at 1.2 months as of December 31st 2015…The lowest since 1999.  ***2016 shows Inventory of 1.3 months with 3,511 Active Listings as of Dec 31st.

Average Sale Prices By Area YTD for 2016 were:

  • North Portland: $380,600    (2015: $335,000)
  • NE Portland:  $418,000    (2015: $376,700)
  • SE Portland: $364,600    (2015: $330,100)
  • Gresham/Troutdale: $297,100    (2015: $263,000)
  • Milwaukie/Clackamas: $376,500    (2015: $335,600)
  • Oregon City/Canby: $366,400    (2015: $325,200)
  • Lake Oswego/West Linn: $614,000    (2015: $541,800)
  • W Portland: $563,400    (2015: $495,100)
  • NW Washington County: $487,900    (2015: $442,700)
  • Beaverton/Aloha: $331,900    (2015: $297,300)
  • Tigard/Wilsonville: $404,200    (2015: $370,600)
  • Hillsboro/Forest Grove: $335,100    (2015: $293,900)

The combined areas of Lake Oswego and West Linn  for the month of December 2016 reported:

    •  266 Active Listings    (2015: 255)
    •  68 New Listings    (2015: 86)   
    •  77 Pending Sales    (2015: 98) 
    •  111 Closed Sales    (2015: 143)
    • Average Sale Price for December of $607,100    (2015: $567,300) 
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 69 Days    (2015: 81)
Posted on

Market Activity ~ Jan 2-8, 2017

The week of Jan 2-8, saw 5 New properties enter the market in Lake Oswego, 9 move to Pending status, and 13 “Closed”/Sold. Notably, there were a whopping *18* “refreshed properties which I removed (as usual for your viewing pleasure ; ) from the “New” category.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 2-8, 2017)

Address List Price # Beds # Baths Total SF Prop Type
2734 ORCHARD HILL LN $697,000.00 4 2.1 2814 DETACHD
4182 GLACIER LILY ST $748,000.00 4 3 2799 DETACHD
1454 GLENMORRIE DR $849,900.00 4 2.1 3372 DETACHD
16672 FIR LN $1,238,000.00 4 4.1 4179 DETACHD
16793 GRAEF CIR $2,250,000.00 4 3.1 4680 DETACHD

PENDING SALES (Jan 2-8, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3433 MCNARY PKWY #703 $194,500.00 2 2 1008 CONDO 3
4000 CARMAN DR #32 $235,000.00 2 2 1083 CONDO 6
1 SAINT HELENS CIR $424,900.00 3 2.1 1422 DETACHD 74
4396 GALEWOOD ST $450,000.00 3 2.1 1672 DETACHD 0
15939 TWIN FIR RD $649,000.00 3 2 2480 DETACHD 66
3838 RIVERS EDGE DR $692,000.00 3 2.1 2849 DETACHD 28
17517 OAK MEADOW LN $709,000.00 4 2.1 2952 DETACHD 60
5124 WOODCREST LN $739,000.00 4 2.1 2923 DETACHD 2
1340 COUNTRY COMMONS $1,089,900.00 4 3 3359 DETACHD 20

SOLD (Jan 2-8, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #7 $114,900.00 $110,000.00 1 1 617 CONDO 6
12848 BOONES FERRY RD $335,000.00 $335,000.00 2 2.1 1182 CONDO 0
47 ORIOLE LN $420,000.00 $430,000.00 3 3 1958 DETACHD 2
15 MASARYK ST $548,000.00 $430,650.00 4 3 3864 DETACHD 247
4739 REMBRANDT LN $485,000.00 $465,000.00 3 2.1 1954 DETACHD 22
7 CONDOLEA DR $449,900.00 $467,000.00 3 3 2388 CONDO 4
17766 ARBOR LN $509,900.00 $468,000.00 3 2 1561 DETACHD 118
2520 SOUTHSHORE BLVD $449,900.00 $490,000.00 3 2.1 2016 DETACHD 24
4697 OAKRIDGE RD $490,000.00 $490,000.00 3 2.1 1738 ATTACHD 7
672 1st ST $659,000.00 $650,000.00 2 2.1 1986 CONDO
13050 FIELDING RD $2,100,000.00 $1,765,000.00 4 5 4777 DETACHD 258
920 WESTPOINT RD $4,025,000.00 $4,025,000.00 4 4.1 6337 DETACHD 1
3232 LAKEVIEW BLVD $5,450,000.00 $4,641,000.00 4 4.1 7925 DETACHD 280

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.