Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture below:
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July Average Sale Price + Appreciation (last 12 months):
The combined areas of Lake Oswego and West Linn for the month of July 2017 reported:
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Market Activity ~ Aug 21-27, 2017
Last week saw 6 New properties enter the market in Lake Oswego, 18 move to Pending status, and 19 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Aug 21-27, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 61 OSWEGO SMT | $229,900 | 2 | 2 | 1212 | CONDO |
| 3393 TEMPEST DR | $549,000 | 3 | 3 | 2490 | ATTACHD |
| 1316 CEDAR ST | $935,000 | 5 | 3.1 | 3140 | DETACHD |
| 4933 LAKEVIEW BLVD | $1,095,000 | 3 | 3 | 3988 | DETACHD |
| 16538 MAPLE CIR | $1,299,900 | 4 | 3.1 | 2784 | DETACHD |
| 635 IRON MOUNTAIN BLVD | $1,590,000 | 5 | 3.1 | 4736 | DETACHD |
PENDING SALES (Aug 21-27, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 458 S STATE ST #2C | $225,000 | 2 | 1 | 800 | CONDO | 34 |
| 44 EAGLE CREST DR #16 | $229,900 | 3 | 2 | 1085 | CONDO | 40 |
| 159 OSWEGO SMT- BLDG 22 | $250,000 | 2 | 2 | 1506 | CONDO | 5 |
| 5117 GREENSBOROUGH CT | $459,000 | 3 | 2.1 | 1560 | DETACHD | 2 |
| 574 2ND ST | $479,000 | 2 | 2.1 | 1394 | ATTACHD | 51 |
| 562 2ND ST #10 | $482,000 | 2 | 2.1 | 1302 | ATTACHD | 48 |
| 1024 GANS ST | $495,000 | 4 | 2 | 1560 | DETACHD | 13 |
| 4 ABELARD ST | $539,900 | 5 | 3 | 2430 | DETACHD | 6 |
| 1031 OXFORD DR | $559,500 | 3 | 2.1 | 2384 | DETACHD | 358 |
| 4585 TRILLIUM WOODS | $620,000 | 3 | 2.1 | 2004 | ATTACHD | 0 |
| 4949 MULHOLLAND DR | $625,000 | 2 | 2.1 | 2403 | ATTACHD | 3 |
| 15410 MEADOWLARK CT | $650,000 | 4 | 2.1 | 2702 | DETACHD | 2 |
| 2352 OAKHURST LN | $679,900 | 4 | 2.1 | 3210 | DETACHD | 11 |
| 16493 GLENWOOD CT | $699,000 | 4 | 3.1 | 4530 | DETACHD | 127 |
| 5822 BAY POINT DR | $729,000 | 5 | 3.1 | 3202 | DETACHD | 41 |
| 5975 NEWCASTLE DR | $764,000 | 4 | 2.1 | 3339 | DETACHD | 39 |
| 5322 CARMAN GROVE LN | $820,000 | 3 | 2.1 | 2615 | DETACHD | 92 |
| 1011 LAKE SHORE RD | $1,295,000 | 3 | 3 | 2820 | DETACHD | 9 |
SOLD (Aug 21-27, 2017)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 86 KINGSGATE RD A204 | $188,000 | $165,000 | 2 | 2 | 849 | CONDO | 24 |
| 1232 CORNELL ST | $365,000 | $320,000 | 3 | 1 | 1536 | DETACHD | 63 |
| 10 GREENRIDGE CT | $379,000 | $325,000 | 3 | 1.1 | 2063 | ATTACHD | 57 |
| 1220 PINE ST | $467,500 | $440,875 | 4 | 2 | 2123 | DETACHD | 20 |
| 4923 FIRWOOD RD | $514,900 | $474,900 | 3 | 2 | 2182 | DETACHD | 42 |
| 15275 BOONES WAY | $499,000 | $496,000 | 2 | 2 | 1320 | ATTACHD | 3 |
| 316 4TH ST | $585,000 | $510,000 | 2 | 2.1 | 1731 | ATTACHD | 23 |
| 17610 WESTVIEW DR | $550,000 | $525,000 | 5 | 3 | 2868 | DETACHD | 39 |
| 16005 INVERURIE RD | $569,000 | $590,000 | 4 | 2 | 2147 | DETACHD | 6 |
| 36 MORNINGVIEW CIR | $674,900 | $617,500 | 4 | 3.1 | 2953 | DETACHD | 218 |
| 17125 FERNWOOD DR | $699,000 | $673,400 | 4 | 3 | 2688 | DETACHD | 40 |
| 14412 MEADOW GRASS ST | $724,900 | $715,000 | 4 | 2.1 | 3259 | DETACHD | 6 |
| 13354 TWIN CREEK LN | $799,900 | $795,000 | 5 | 2.1 | 3134 | DETACHD | 9 |
| 3 DOVER WAY | $899,999 | $892,200 | 5 | 3.2 | 4988 | DETACHD | 21 |
| 19177 HILL TOP RD | $1,199,000 | $1,050,000 | 5 | 3.1 | 4692 | DETACHD | 63 |
| 928 CEDAR ST | $1,098,000 | $1,060,000 | 4 | 3.1 | 3182 | DETACHD | 162 |
| 870 TERRACE DR | $1,275,000 | $1,150,000 | 5 | 3.1 | 4652 | DETACHD | 127 |
| 4190 CHAPMAN WAY | $1,250,000 | $1,162,000 | 4 | 3.1 | 3553 | DETACHD | 69 |
| 735 7TH ST | $1,225,000 | $1,225,000 | 3 | 3.1 | 3073 | DETACHD | 6 |
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.
Tips & Tidbits
- Timelines- You’ve heard that phrase “Time is of the essence”, right? Well most people do not know that it is an actual legal term which basically means that the most important elements of any contract are the dates & timelines set forth within it. So, make sure you discuss with your Agent all the timelines that are spelled out, and make a priority of planning ahead to stay within set time periods and meet deadlines. In a real estate contract, your Earnest Money may be on the line if you do not. Two examples
- If you decide you do not want the property anymore because its just not in good enough shape for you, and your Inspection Period has ended, you may still back out, and/but will likely lose your Earnest Money.
- If your Lender doesn’t get the paperwork in on time because of a delay in Underwriting, and that is going to cause you to miss your Closing Date, you may lose your Earnest Money if the Seller had a better Offer waiting in the wings, or for whatever other reason just doesn’t feel like extending your Closing Date. SO, when the Lender asks you for paperwork and you delay in getting it to them for the Underwriter to review, or when you fail to sign Disclosures and return promptly, and/or the Appraisal does not get ordered in a timely manner, you are putting your Closing Date and your Earnest Money in jeopardy. (***Note- This is a very good reason to make sure that you pick an excellent Lender as well. It doesn’t matter if its the Lender who drops the ball or if you didn’t get paperwork to them in time…. if you miss the Closing Date, you miss the Closing Date as far as the contract is concerned.)
- Personal Property- Sellers must remove all personal property from the home prior to the Closing Date. The question of what that means comes up sometimes, and specifically with regard to things the Seller thinks that the Buyer would want. Things in the garage are often questionable in the Seller’s mind, and it is true that a Seller will often leave a few cans of paint for touch-ups and so that the Buyer can see what the paint colors are for re-ordering if they like. ***Not all Buyers will want the paint left, or the drawers of nails, or the chemicals for the yard, or the tools. If there is any question at all, just remove everything. If there are items you’d like to leave and wonder whether the Buyer might like them, ask your Agent to deliver a list to the Buyer’s Agent and find out from the Buyer!
- Appraisals- The Appraisal is paid for by the Buyer and is actually the Lender’s. The Lender requires it to make sure that they are loaning an amount that is based on an arms-length transaction between reasonable parties that are operating in the realm of planet earth in their thinking. The Seller does NOT get to see the Appraisal in most all cases. Usually the Seller does not even get to know what the final Appraised Value was. As Listing Agent, I will often receive a call saying that the Appraisal “came in at value”. This means that it did not come in “under value” and no further negotiation is required. You can ask, and sometimes you will receive an answer, and/but know that it is often not divulged. As the Seller, the best course of action is to ***thoroughly*** review all comparable information on similar homes sold nearby and recently with your Agent prior to Listing. Set the price based on that data, and based on what you are comfortable with, and then let the adventure begin. A home is worth what two reasonable parties agree to sell/buy it for. Even Appraisals (should you have one done prior to Listing) do not dictate what someone would be willing to pay for your home. Having one done yourself prior to Listing also has nothing to do with the Appraisal the bank will order and have done by an entirely different Appraiser. The two will not necessarily match. I know of one home recently that was Appraised prior to Listing (and subsequently priced at) $50,000 higher than what it sold for….after it sat on the market for a long time and, I’m sure, tortured the Sellers as they waited. Look at all the data. Take time to think and discuss with your Agent, and become comfortable with your Listing Price. Then, let go!
Market Activity ~ July 31 – Aug 6, 2017
Last week saw 22 New properties enter the market in Lake Oswego, 20 move to Pending status, and 18 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (July 31- Aug 6, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 100 KERR PKWY #51 | $149,899 | 1 | 1 | 617 | CONDO |
| 33 OSWEGO SMT | $189,000 | 1 | 0.1 | 764 | CONDO |
| 1675 HALLINAN ST | $549,900 | 3 | 2.1 | 2450 | DETACHD |
| 720 BRIERCLIFF LN | $559,900 | 3 | 3 | 2152 | DETACHD |
| 5110 ROSEWOOD ST | $624,900 | 3 | 2.1 | 2464 | DETACHD |
| 18410 DEERBRUSH AVE | $659,000 | 4 | 2.1 | 2246 | DETACHD |
| 43 BECKET ST | $700,000 | 4 | 3.1 | 3689 | DETACHD |
| 18000 WESTMINSTER DR | $725,000 | 4 | 2.1 | 2679 | DETACHD |
| 4948 HAMPTON CT | $867,000 | 2 | 3.1 | 3434 | DETACHD |
| 1755 KILKENNY RD | $874,900 | 4 | 3 | 3164 | DETACHD |
| 2715 GLEN EAGLES RD | $950,000 | 4 | 2 | 2500 | DETACHD |
| 2025 WEMBLEY PARK RD | $999,999 | 3 | 2.1 | 2700 | DETACHD |
| 5702 MEADOWCREEK CT | $1,059,000 | 4 | 3.1 | 3146 | DETACHD |
| 13597 ROGERS RD | $1,199,000 | 4 | 4 | 3945 | DETACHD |
| 3867 SOUTHSHORE BLVD | $1,299,995 | 5 | 4 | 3622 | DETACHD |
| 610 9TH ST | $1,349,000 | 4 | 3.1 | 4021 | DETACHD |
| 2230 WEMBLEY PARK RD | $1,595,000 | 5 | 4.1 | 4597 | DETACHD |
| 17775 KELOK RD | $1,669,000 | 4 | 2.1 | 2882 | DETACHD |
| 939 LAKE FRONT RD | $1,999,000 | 5 | 4 | 4106 | DETACHD |
| 18475 CRESTLINE DR | $2,180,000 | 4 | 4.1 | 4740 | DETACHD |
| 17502 BLUE HERON DR | $2,395,000 | 5 | 3.1 | 4996 | DETACHD |
| 1495 OAK TER | $2,795,000 | 4 | 4 | 3983 | DETACHD |
PENDING SALES (July 31- Aug 6, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR #8 | $180,000 | 2 | 1 | 932 | CONDO | 17 |
| 4 TOUCHSTONE #125 | $199,000 | 2 | 2 | 1000 | CONDO | 4 |
| 2 OSWEGO SMT | $199,500 | 1 | 1 | 869 | CONDO | 7 |
| 226 RIDGEWAY RD #226 | $265,000 | 1 | 1 | 756 | CONDO | 37 |
| 1232 CORNELL ST | $349,950 | 3 | 1 | 1536 | DETACHD | 63 |
| 1198 BOCA RATAN DR | $375,000 | 2 | 2.1 | 1729 | ATTACHD | 40 |
| 17710 HILL WAY | $429,900 | 3 | 2 | 1637 | DETACHD | 16 |
| 14338 ORCHARD SPRINGS RD | $525,000 | 5 | 3 | 2238 | DETACHD | 4 |
| 1580 WOODLAND TER | $599,900 | 3 | 2.1 | 2430 | DETACHD | 25 |
| 35 Westridge DR | $599,950 | 5 | 3 | 3308 | DETACHD | |
| 75 TANGLEWOOD DR | $629,900 | 4 | 3.1 | 4914 | DETACHD | 7 |
| 11 DEL PRADO ST | $639,000 | 4 | 2.1 | 2893 | DETACHD | 24 |
| 17125 FERNWOOD DR | $674,900 | 4 | 3 | 2688 | DETACHD | 40 |
| 1611 HIGHLAND DR | $685,000 | 4 | 2.1 | 2652 | DETACHD | 16 |
| 662 7TH ST | $750,000 | 3 | 2 | 1461 | DETACHD | 11 |
| 14370 PFEIFER DR | $810,000 | 4 | 2.1 | 3318 | DETACHD | 19 |
| 4991 CASCARA LN | $825,000 | 4 | 3.1 | 3648 | DETACHD | 74 |
| 17376 BERGIS FARM DR | $1,069,000 | 4 | 3.1 | 4396 | DETACHD | 315 |
| 4256 LAKEVIEW BLVD | $1,749,000 | 5 | 3.1 | 3117 | DETACHD | 16 |
| 14733 Uplands DR | $2,150,000 | 6 | 5.3 | 7694 | DETACHD | 389 |
SOLD (July 31- Aug 6, 2017)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 48 EAGLE CREST DR #1E | $229,900 | $226,000 | 2 | 2 | 1370 | CONDO | 6 |
| 1819 BOCA RATAN DR | $335,000 | $335,000 | 3 | 2 | 1405 | ATTACHD | 18 |
| 327 LAUREL ST | $450,000 | $450,000 | 2 | 2 | 2520 | DETACHD | 0 |
| 13296 VERMEER DR | $459,999 | $460,000 | 3 | 2.1 | 1860 | DETACHD | 3 |
| 16444 ASTOR AVE | $479,900 | $499,000 | 3 | 2 | 1746 | DETACHD | 4 |
| 1311 PINE ST | $550,000 | $550,000 | 3 | 3 | 2150 | DETACHD | 16 |
| 539 2ND ST/Ground | $559,000 | $559,000 | 2 | 2 | 1240 | CONDO | 0 |
| 6 MONTICELLO DR | $675,000 | $627,500 | 3 | 3 | 3020 | DETACHD | 21 |
| 762 MAPLE ST | $715,000 | $715,000 | 3 | 2.1 | 2340 | DETACHD | 11 |
| 22 INDEPENDENCE AVE | $750,000 | $740,000 | 5 | 4 | 4138 | DETACHD | 93 |
| 5332 LOWER DR | $795,000 | $790,000 | 4 | 2.1 | 2600 | DETACHD | 84 |
| 16872 QUAIL CT | $849,900 | $790,300 | 3 | 3.1 | 3173 | DETACHD | 399 |
| 5088 WOODCREST LN | $814,500 | $813,500 | 4 | 2.1 | 3183 | DETACHD | 4 |
| 4350 ALBERT CIR | $875,000 | $875,000 | 5 | 3.1 | 3175 | DETACHD | 9 |
| 5347 DENTON DR | $948,000 | $950,000 | 4 | 2.1 | 3240 | DETACHD | 23 |
| 4 DOVER WAY | $1,000,000 | $970,000 | 5 | 2.1 | 3962 | DETACHD | 36 |
| 199 FURNACE ST/Upper | $1,995,000 | $1,935,000 | 3 | 3.1 | 5772 | CONDO | 51 |
| 951 ATWATER RD | $3,100,000 | $3,100,000 | 6 | 5.1 | 10072 | DETACHD | 108 |
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.
Local Grocery Stores
A really common question I get when I work with buyers is “Where would I be able to buy groceries?” I am happy to say that if you buy a home in Lake Oswego you will have an abundance of choices.
Seriously, within the city limits of Lake Oswego there are 2 Safeways, an Albertsons, a Whole Foods 365 Market, a New Seasons, a Trader Joe’s, and a Zupan’s. And if you are willing to go about 2 miles outside of town there is a Fred Meyer’s, a Whole Foods, a Winco, and a Costco. Then if fresh and local produce is your desire, there is the Farmer’s Market that runs from May to October, and Parson’s produce stand that is nearly all year around.
As for sushi, I can find 4 different sushi restaurants within a mile of my house. Yes! I do love living here!
Dianne
News & Notes ~ June 2017 Data
Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture below:
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June Average Sale Price + Appreciation (last 12 months):
The combined areas of Lake Oswego and West Linn for the month of June 2017 reported:
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Market Activity ~ July 10-16, 2017
Last week saw 34 New properties enter the market in Lake Oswego, 24 move to Pending status, and 24 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (July 10-16, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 35 CRESTFIELD CT/Grnd | $174,900 | 2 | 1 | 923 | CONDO |
| 47 EAGLE CREST DR/ #8 | $189,000 | 2 | 1 | 932 | CONDO |
| 45 EAGLE CREST DR/ #415 | $203,500 | 2 | 2 | 1056 | CONDO |
| 44 EAGLE CREST DR/ #16 | $229,900 | 3 | 2 | 1085 | CONDO |
| 58 OSWEGO SMT/Main | $238,500 | 2 | 2 | 1212 | CONDO |
| 4077 JEFFERSON PKWY | $339,000 | 2 | 2.1 | 1462 | ATTACHD |
| 88 WHEATHERSTONE/Grnd | $379,900 | 3 | 2.1 | 1692 | CONDO |
| 4430 GOLDEN LN | $449,000 | 3 | 3.1 | 2165 | CONDO |
| 4971 SW LAKEVIEW BLVD | $475,000 | 3 | 2 | 1433 | DETACHD |
| 16580 MAPLE CIR | $585,000 | 4 | 1.1 | 2253 | DETACHD |
| 1580 WOODLAND TER | $599,900 | 3 | 2.1 | 2430 | DETACHD |
| 2612 SW ORCHARD HILL LN | $599,900 | 3 | 2 | 2576 | DETACHD |
| 3554 TEMPEST DR | $625,000 | 3 | 2.1 | 2279 | DETACHD |
| 2 CREEKSIDE TER | $634,900 | 4 | 2.1 | 2906 | DETACHD |
| 11 DEL PRADO ST | $639,000 | 4 | 2.1 | 2893 | DETACHD |
| 4867 SAGE HEN WAY | $645,000 | 4 | 2.1 | 2523 | DETACHD |
| 1642 HIGHLAND DR | $649,900 | 4 | 3 | 2234 | DETACHD |
| 17808 CARDINAL PL | $650,000 | 3 | 2 | 1870 | DETACHD |
| 768 7TH ST | $674,900 | 3 | 2 | 1625 | DETACHD |
| 4361 SOUTHSHORE BLVD | $695,000 | 5 | 3 | 2406 | DETACHD |
| 17064 REBECCA LN | $699,900 | 4 | 2.1 | 2813 | DETACHD |
| 8 BECKET ST | $700,000 | 4 | 6.1 | 6257 | DETACHD |
| 1422 ASH ST | $700,000 | 4 | 3 | 2997 | DETACHD |
| 945 CUMBERLAND RD | $730,000 | 4 | 3.1 | 2726 | DETACHD |
| 5822 BAY POINT DR | $750,000 | 5 | 3.1 | 3202 | DETACHD |
| 1193 TROON RD | $799,000 | 3 | 2.1 | 2546 | DETACHD |
| 5975 NEWCASTLE DR | $849,900 | 4 | 2.1 | 3339 | DETACHD |
| 808 TIMBERLINE DR | $850,000 | 4 | 2.1 | 2748 | DETACHD |
| 1579 BAY VIEW LN | $1,150,000 | 5 | 3 | 4685 | DETACHD |
| 735 7TH ST | $1,225,000 | 3 | 3.1 | 3073 | DETACHD |
| 18171 BRYANT RD | $1,247,000 | 3 | 2.1 | 2984 | DETACHD |
| 827 8TH ST | $1,375,000 | 5 | 3.1 | 3852 | DETACHD |
| 4256 LAKEVIEW BLVD | $1,749,000 | 5 | 3.1 | 3117 | DETACHD |
| 1115 LAKE FRONT RD | $1,995,000 | 4 | 4 | 4245 | DETACHD |
PENDING SALES (July 10-16, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 CERVANTES CIR | $199,900 | 2 | 1.1 | 912 | CONDO | 3 |
| 4 TOUCHSTONE DR/ #124 | $210,000 | 3 | 2.1 | 1350 | CONDO | 4 |
| 112 OSWEGO SMT/ #112 | $227,000 | 2 | 2 | 1212 | CONDO | 3 |
| 209 CERVANTES/Lower | $229,000 | 2 | 1.1 | 1216 | CONDO | 3 |
| 668 MCVEY AVE/ #55 | $289,900 | 1 | 1 | 636 | CONDO | 44 |
| 4348 DOUGLAS WAY | $397,500 | 2 | 2 | 1414 | DETACHD | 30 |
| 17480 HILL WAY | $430,000 | 3 | 2 | 1268 | DETACHD | 26 |
| 1610 LARCH ST | $475,000 | 3 | 2.1 | 1708 | DETACHD | 2 |
| 16242 INVERURIE RD | $475,000 | 3 | 2 | 1687 | DETACHD | 33 |
| 668 MCVEY AVE/ #31 | $484,900 | 3 | 1.1 | 992 | CONDO | 11 |
| 15275 BOONES WAY | $499,000 | 2 | 2 | 1320 | ATTACHD | 3 |
| 23 FALSTAFF ST | $520,000 | 3 | 2 | 1434 | DETACHD | 63 |
| 17610 WESTVIEW DR | $520,000 | 5 | 3 | 2868 | DETACHD | 39 |
| 306 8TH ST | $550,000 | 2 | 1.1 | 2236 | DETACHD | 4 |
| 17 MASARYK ST | $650,000 | 4 | 3 | 4140 | DETACHD | 61 |
| 1258 HIDE A WAY LN | $775,000 | 6 | 3.1 | 4219 | DETACHD | 53 |
| 2612 RIVENDELL RD | $885,000 | 4 | 3 | 3168 | DETACHD | 9 |
| 1699 VILLAGE PARK LN | $899,000 | 3 | 2.2 | 3342 | DETACHD | 48 |
| 5347 DENTON DR | $948,000 | 4 | 2.1 | 3240 | DETACHD | 23 |
| 4060 WESTBAY RD | $1,099,950 | 4 | 3.1 | 2738 | DETACHD | 2 |
| 3555 LAKE GROVE AVE | $1,170,000 | 4 | 2.1 | 3433 | DETACHD | 38 |
| 17620 BLUE HERON DR | $1,225,000 | 4 | 3 | 2466 | DETACHD | 23 |
| 870 TERRACE DR | $1,275,000 | 5 | 3.1 | 4652 | DETACHD | 127 |
| 1066 NORTHSHORE RD | $3,895,000 | 4 | 5.1 | 4169 | DETACHD | 34 |
SOLD (July 10-16, 2017)
| Address | Open Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWY/ #20 | $110,000 | $114,500 | 1 | 1 | 617 | CONDO | 9 |
| 4 TOUCHSTONE/ #143 | $220,000 | $200,000 | 3 | 2.1 | 1351 | CONDO | 17 |
| 3990 CARMAN DR | $244,900 | $245,000 | 2 | 2.1 | 1098 | CONDO | 6 |
| 16200 PACIFIC HWY/ #9 | $349,000 | $370,000 | 2 | 2 | 1190 | CONDO | 3 |
| 16860 CORTEZ CT | $379,900 | $389,900 | 3 | 2 | 1056 | DETACHD | 3 |
| 30 BECKET ST | $489,900 | $492,500 | 3 | 2 | 2077 | DETACHD | 2 |
| 804 4TH ST | $530,000 | $550,000 | 3 | 1.1 | 1396 | DETACHD | 5 |
| 19026 INDIAN SPRINGS RD | $570,000 | $580,000 | 5 | 3 | 2971 | DETACHD | 4 |
| 5645 LA MESA CT | $699,500 | $665,000 | 4 | 3 | 2668 | DETACHD | 35 |
| 19531 RIVER RUN DR | $700,000 | $700,000 | 4 | 2.1 | 2440 | DETACHD | 0 |
| 19524 RIVER RUN DR | $725,000 | $720,000 | 4 | 2.1 | 2630 | DETACHD | 3 |
| 16 DEL PRADO ST | $749,000 | $735,000 | 4 | 2.1 | 2682 | DETACHD | 4 |
| 17532 OAK MEADOW LN | $769,000 | $769,000 | 5 | 3 | 3046 | DETACHD | 47 |
| 17517 OAK MEADOW LN | $799,950 | $840,000 | 4 | 2.1 | 2952 | DETACHD | 2 |
| 17549 OAK MEADOW LN | $835,000 | $850,000 | 4 | 3 | 3407 | DETACHD | 3 |
| 4081 PFEIFER CT | $999,900 | $940,000 | 5 | 3.1 | 4078 | DETACHD | 54 |
| 592 7TH ST | $988,000 | $943,000 | 2 | 3 | 2562 | DETACHD | 54 |
| 13599 MEADOWCREEK LN | $1,059,000 | $1,025,000 | 4 | 3.1 | 3170 | DETACHD | 216 |
| 1622 LESLIE LN | $1,495,000 | $1,425,000 | 5 | 3.2 | 5827 | DETACHD | 423 |
| 1251 FOREST MEADOWS WAY | $1,575,000 | $1,505,000 | 4 | 3.1 | 5071 | DETACHD | 11 |
| 1340 CHERRY LN | $1,569,000 | $1,569,000 | 4 | 4.2 | 5922 | DETACHD | 0 |
| 16645 GRAEF CIR | $1,750,000 | $1,750,000 | 4 | 4.1 | 3075 | DETACHD | 1 |
| 4423 West Bay RD | $2,100,000 | $2,025,000 | 4 | 3 | 2975 | DETACHD | 0 |
| 705 TERRACE DR | $2,395,000 | $2,200,000 | 4 | 3.1 | 3686 | DETACHD | 27 |
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.
Market Activity ~ June 19-25, 2017
Last week saw 30 New properties enter the market in Lake Oswego, 20 move to Pending status, and 23 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (June 19-25, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 61 OSWEGO SMT/Main | $235,000 | 2 | 2 | 1212 | CONDO |
| 482 S STATE ST #3B | $295,000 | 3 | 1 | 1659 | CONDO |
| 5056 FOOTHILLS DR | $324,900 | 3 | 2 | 1252 | CONDO |
| 1198 BOCA RATAN DR | $375,000 | 2 | 2.1 | 1729 | ATTACHD |
| 5276 OAKRIDGE RD | $474,000 | 3 | 2 | 1600 | DETACHD |
| 18305 FERNBROOK CT | $475,000 | 3 | 2 | 1300 | DETACHD |
| 3351 FIR RIDGE RD | $479,000 | 3 | 2 | 1770 | DETACHD |
| 14246 CAMDEN LN | $519,900 | 3 | 2.1 | 1933 | DETACHD |
| 1515 CLOVERLEAF RD | $525,000 | 3 | 2.1 | 2205 | DETACHD |
| 3595 TEMPEST DR | $599,000 | 3 | 2 | 2126 | DETACHD |
| 2665 GLEN EAGLES RD | $625,000 | 4 | 2.1 | 2640 | DETACHD |
| 2814 OVERLOOK DR | $629,000 | 4 | 2.1 | 3348 | DETACHD |
| 5192 COVENTRY CT | $629,900 | 4 | 2.1 | 2259 | DETACHD |
| 8 WESTMINSTER DR | $685,000 | 3 | 2.1 | 2689 | DETACHD |
| 17125 FERNWOOD DR | $699,000 | 4 | 3 | 2688 | DETACHD |
| 2704 ORCHARD HILL LN | $699,900 | 5 | 3 | 3207 | DETACHD |
| 4344 SNOWBRUSH CT | $749,000 | 4 | 3.1 | 3255 | DETACHD |
| 3220 DUNCAN DR | $750,000 | 4 | 2.1 | 3482 | DETACHD |
| 17645 OAK MEADOW LN | $798,000 | 4 | 2.1 | 3723 | DETACHD |
| 2110 GREENTREE RD | $799,500 | 4 | 3.1 | 2908 | DETACHD |
| 822 Lee ST | $825,000 | 3 | 2.1 | 1930 | DETACHD |
| 754 OAK MEADOW CT | $839,500 | 4 | 2.1 | 3283 | DETACHD |
| 16700 PHANTOM BLUFF CT | $895,000 | 4 | 2.1 | 3297 | DETACHD |
| 2050 CHILDS RD | $925,500 | 4 | 4 | 4814 | DETACHD |
| 17390 GRANDVIEW CT | $989,000 | 4 | 4.2 | 4502 | DETACHD |
| 4189 Chad DR | $998,500 | 5 | 3.1 | 4137 | DETACHD |
| 1643 VILLAGE PARK LN | $1,100,000 | 4 | 3 | 4505 | ATTACHD |
| 13700 KNAUS RD | $1,150,000 | 3 | 2.1 | 2403 | DETACHD |
| 17620 BLUE HERON DR | $1,225,000 | 4 | 3 | 2466 | DETACHD |
| 1515 CHERRY LN | $1,250,000 | 6 | 3.1 | 4699 | DETACHD |
PENDING SALES (June 19-25, 2017)
| Address | List Price | # Bedrooms | Total Baths | Total SF | Prop Type | CDOM |
| 6480 WASHINGTON CT | $250,000 | 1 | 1 | LAND | DETACHD | 8 |
| 16200 PACIFIC HWY #15 | $329,900 | 2 | 2 | 1190 | CONDO | 13 |
| 16200 PACIFIC HWYn #9 | $349,000 | 2 | 2 | 1190 | CONDO | 3 |
| 5064 FOOTHILLS DR #17 | $351,000 | 3 | 2 | 1252 | CONDO | 16 |
| 16681 LAKE FOREST BLVD | $365,000 | 3 | 1 | 936 | DETACHD | 37 |
| 5057 FOOTHILLS DR H | $395,000 | 2 | 2 | 1252 | CONDO | 4 |
| 1311 PINE ST | $550,000 | 3 | 3 | 2150 | DETACHD | 16 |
| 16998 SUMMER PL | $609,900 | 4 | 2.1 | 2448 | DETACHD | 24 |
| 6 MONTICELLO DR | $650,000 | 3 | 3 | 3020 | DETACHD | 21 |
| 762 MAPLE ST | $715,000 | 3 | 2.1 | 2340 | DETACHD | 11 |
| 19431 KOKANEE CT | $715,000 | 4 | 2.1 | 2214 | DETACHD | 3 |
| 21 WESTRIDGE DR | $719,900 | 4 | 2.1 | 3202 | DETACHD | 13 |
| 22 INDEPENDENCE AVE | $745,000 | 5 | 4 | 4138 | DETACHD | 93 |
| 4850 LOWER DR | $774,900 | 4 | 3 | 2700 | DETACHD | 11 |
| 5366 ROSALIA WAY | $915,000 | 5 | 3.1 | 3579 | DETACHD | 15 |
| 14750 UPLANDS DR | $950,000 | 4 | 3 | 3387 | DETACHD | 35 |
| 16 DOVER WAY | $1,395,000 | 5 | 5.1 | 8147 | DETACHD | 4 |
| 13877 AMBERWOOD CIR | $1,699,000 | 4 | 4.1 | 5851 | DETACHD | 11 |
| 16793 GRAEF CIR | $2,195,000 | 4 | 3.1 | 4680 | DETACHD | 165 |
| 13560 FIELDING RD | $2,688,000 | 5 | 5.1 | 5308 | DETACHD | 124 |
SOLD (June 19-25, 2017)
| Address | Opening | Closed | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 169 OSWEGO SMT #169 | $199,999 | $197,000 | 2 | 2 | 1383 | CONDO | 352 |
| 6924 MONTAUK CIR | $235,000 | $250,136 | 3 | 2 | 1092 | CONDO | 3 |
| 224 RIDGEWAY RD / Upper | $249,900 | $254,000 | 1 | 1 | 700 | CONDO | 29 |
| 4469 GOLDEN LN | $325,000 | $312,000 | 2 | 2.1 | 1888 | CONDO | 38 |
| 5052 FOOTHILLS DR G | $329,900 | $325,000 | 2 | 2 | 1252 | CONDO | 9 |
| 7 ORIOLE LN | $392,500 | $403,000 | 3 | 2.1 | 2161 | DETACHD | 4 |
| 568 2ND ST | $489,000 | $462,000 | 2 | 2.1 | 1395 | ATTACHD | 76 |
| 18851 SW INDIAN SPRINGS CIR | $480,000 | $480,000 | 3 | 2 | 1903 | DETACHD | 0 |
| 2030 GREENTREE RD | $489,900 | $510,000 | 3 | 2 | 1598 | DETACHD | 6 |
| 16809 CORNELL ST | $535,000 | $535,000 | 3 | 3.1 | 3034 | DETACHD | 87 |
| 1508 CEDAR ST | $547,000 | $555,000 | 4 | 2 | 1939 | DETACHD | 1 |
| 18791 INDIAN CREEK WAY | $545,000 | $564,000 | 3 | 2 | 1965 | DETACHD | 4 |
| 1641 DEVON LN | $599,900 | $584,500 | 3 | 2.1 | 2013 | DETACHD | 67 |
| 17071 REBECCA LN | $599,900 | $590,000 | 3 | 3 | 2278 | DETACHD | 107 |
| 16695 GLENWOOD CT | $715,000 | $634,000 | 4 | 3 | 3060 | DETACHD | 112 |
| 14313 AMBERWOOD CIR | $724,900 | $665,000 | 3 | 2 | 2343 | DETACHD | 32 |
| 41 CHURCHILL DOWNS | $679,000 | $690,000 | 4 | 3.1 | 2763 | DETACHD | 5 |
| 1403 GREENTREE CIR | $829,000 | $765,000 | 5 | 4.1 | 4047 | DETACHD | 72 |
| 171 5TH ST | $875,000 | $800,000 | 3 | 1 | 1910 | DETACHD | 16 |
| 1100 TYNDALL CT | $889,500 | $865,000 | 3 | 2.1 | 3142 | DETACHD | 55 |
| 15700 TWIN FIR RD | $889,000 | $897,000 | 3 | 2.1 | 2731 | DETACHD | 2 |
| 725 OAK MEADOW CT | $1,119,000 | $1,070,000 | 4 | 2.2 | 3753 | DETACHD | 27 |
| 401 9TH ST | $1,390,000 | $1,285,000 | 4 | 3.1 | 4288 | DETACHD | 240 |
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.
Market Activity ~ May 29-June 4, 2017
Last week saw 15 New properties enter the market in Lake Oswego, 22 move to Pending status, and 26 “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (May 29-June 4, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 210 RIDGEWAY RD #13B | $249,900 | 1 | 1 | 778 | CONDO |
| 668 MCVEY AVE #55 | $289,900 | 1 | 1 | 636 | CONDO |
| 210 S STATE ST #7 | $315,000 | 2 | 2 | 1284 | CONDO |
| 1232 CORNELL ST | $365,000 | 3 | 1 | 1536 | DETACHD |
| 16538 CARNEGIE AVE | $429,900 | 3 | 2 | 1182 | DETACHD |
| 836 OAK ST | $540,000 | 3 | 3 | 2856 | DETACHD |
| 17610 WESTVIEW DR | $550,000 | 6 | 3 | 2868 | DETACHD |
| 5105 ROSEWOOD ST | $629,000 | 4 | 2 | 1848 | DETACHD |
| 6 MONTICELLO DR | $675,000 | 3 | 3 | 3020 | DETACHD |
| 18470 RAY RIDGE DR | $800,000 | 4 | 2.1 | 3902 | DETACHD |
| 18440 DELENKA LN | $869,000 | 4 | 3.1 | 4668 | DETACHD |
| 14167 TAYLORS CREST LN | $948,000 | 4 | 2.1 | 3675 | DETACHD |
| 15804 ALLISON PL | $1,049,000 | 4 | 2.1 | 3751 | DETACHD |
| 4047 WESTBAY RD | $1,275,000 | 4 | 2 | 2705 | DETACHD |
| 16661 PHANTOM BLUFF CT | $3,995,000 | 5 | 5.1 | 5371 | DETACHD |
PENDING SALES (May 29-June 4, 2017)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWYb #49 | $158,900 | 2 | 1.1 | 823 | CONDO | 5 |
| 210 S STATE ST #1 | $365,000 | 2 | 1.1 | 1767 | CONDO | 10 |
| 117 3RD ST #117 | $448,000 | 2 | 2 | 1056 | CONDO | 7 |
| 568 2ND ST | $475,000 | 2 | 2.1 | 1395 | ATTACHD | 76 |
| 1108 CEDAR ST | $489,900 | 3 | 1.1 | 1206 | DETACHD | 11 |
| 5189 TREE ST | $524,900 | 3 | 2 | 1470 | DETACHD | 49 |
| 16998 SUMMER PL | $609,900 | 4 | 2.1 | 2448 | DETACHD | 4 |
| 2405 DELLWOOD DR | $624,500 | 5 | 3 | 2336 | DETACHD | 6 |
| 4865 SAGE HEN WAY | $635,000 | 4 | 2.1 | 2323 | DETACHD | 25 |
| 9 DEL PRADO ST | $689,900 | 4 | 3 | 2930 | DETACHD | 3 |
| 3355 UPPER DR | $699,000 | 4 | 2 | 3126 | DETACHD | 76 |
| 14313 AMBERWOOD CIR | $699,900 | 3 | 2 | 2343 | DETACHD | 32 |
| 496 10TH ST | $825,000 | 4 | 2 | 1854 | DETACHD | 27 |
| 4991 CASCARA LN | $825,000 | 4 | 3.1 | 3648 | DETACHD | 7 |
| 2886 UPPER DR | $848,900 | 4 | 3 | 2498 | DETACHD | 13 |
| 2764 RIVENDELL RD | $899,900 | 5 | 2.1 | 3451 | DETACHD | 15 |
| 5349 CARMAN GROVE LN | $899,900 | 4 | 3 | 2847 | DETACHD | 41 |
| 4081 PFEIFER CT | $949,900 | 5 | 3.1 | 4078 | DETACHD | 54 |
| 4665 FIRWOOD RD | $969,000 | 3 | 2.1 | 2541 | DETACHD | 2 |
| 1120 HOODVIEW LN | $1,089,000 | 4 | 3 | 3909 | DETACHD | 110 |
| 975 ENGLEWOOD DR | $1,275,000 | 5 | 3.1 | 4024 | DETACHD | 13 |
| 4300 HAVEN ST | $1,299,000 | 4 | 3.1 | 4312 | DETACHD | 212 |
SOLD (May 29-June 4, 2017)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 111 Oswego Summit #111 | $195,500 | $206,700 | 1 | 1 | 764 | CONDO | 21 |
| 668 MCVEY AVE #43 | $219,000 | $219,000 | 1 | 1 | 636 | CONDO | 4 |
| 5056 FOOTHILLS DR #58 | $339,900 | $339,400 | 2 | 2 | 1252 | CONDO | 7 |
| 5053 FOOTHILLS DR #F | $365,000 | $374,000 | 3 | 2 | 1252 | ATTACHD | 15 |
| 1410 SPRUCE ST | $439,900 | $457,900 | 3 | 2 | 1242 | DETACHD | 2 |
| 16500 LEXINGTON CT | $550,000 | $540,000 | 2 | 2 | 1688 | DETACHD | 7 |
| 56 AQUINAS ST | $529,000 | $540,000 | 4 | 3 | 2119 | DETACHD | 10 |
| 4967 BILFORD LN | $545,000 | $560,000 | 2 | 2 | 1753 | DETACHD | 6 |
| 2401 MAYORS LN | $595,000 | $565,000 | 3 | 3 | 3004 | DETACHD | 32 |
| 17085 CHAPIN WAY | $619,900 | $575,000 | 3 | 3 | 3330 | DETACHD | 20 |
| 1475 LABURNUM WAY | $549,000 | $605,000 | 3 | 2.1 | 1748 | DETACHD | 3 |
| 46 DA VINCI ST | $659,900 | $629,000 | 4 | 3 | 3378 | DETACHD | 34 |
| 1264 HIDE A WAY LN | $642,000 | $642,000 | 4 | 2.1 | 2674 | DETACHD | 0 |
| 5923 BAY POINT DR | $650,000 | $650,000 | 4 | 3 | 1763 | DETACHD | 0 |
| 5656 LA MESA CT | $729,950 | $665,000 | 4 | 3 | 2748 | DETACHD | 214 |
| 2485 MARYLSHIRE LN | $649,900 | $665,000 | 3 | 3 | 2844 | DETACHD | 5 |
| 17020 CHAPIN WAY | $675,000 | $675,000 | 4 | 3 | 3258 | DETACHD | 60 |
| 1411 CHERRY CREST DR | $728,000 | $699,900 | 8 | 4.3 | 3155 | DETACHD | 21 |
| 524 WEIDMAN CT | $819,000 | $800,000 | 4 | 2.1 | 3450 | DETACHD | 21 |
| 17024 CANAL CIR | $620,000 | $850,000 | 3 | 1 | 1267 | DETACHD | 645 |
| 17448 OAK MEADOW LN | $799,900 | $850,000 | 4 | 2.1 | 3427 | DETACHD | 4 |
| 203 RIDGEWAY RD | $999,000 | $927,500 | 4 | 3.1 | 3624 | DETACHD | 646 |
| 17577 BROOKHURST DR | $995,000 | $995,000 | 4 | 2.1 | 3894 | DETACHD | 6 |
| 4230 SUNSET DR | $1,200,000 | $1,175,000 | 4 | 2.1 | 3250 | DETACHD | 14 |
| 148 5TH ST | $1,525,000 | $1,441,419 | 4 | 3.1 | 3540 | DETACHD | 119 |
| 18000 EASTRIDGE LN | $1,750,000 | $1,700,000 | 4 | 4.1 | 5610 | DETACHD | 69 |
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.
News & Notes ~ April Data
Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture below:
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April Average Sale Price + Appreciation (last 12 months):
The combined areas of Lake Oswego and West Linn for the month of April 2017 reported:
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