Whether you celebrate Christmas, Kwanzaa, Hanukkah, Solstice or a combination, Dianne and I wish you a peaceful & cozy holiday filled with warmth and loved-ones.
We’re taking a little break as we always do, and will catch you up with all the happenings in a couple of weeks.
Last week in Lake Oswego there were 5 properties that entered the market, 13 moving to Pending status and 13 that Closed/Sold. Right now there are 212 homes available ranging from $179,000 to $9,950,000.
Here is the breakdown:
NEW Nov 17-23, 2025
Address
List Price
Beds
Baths
SF
Prop Type
100 KERR PKWY #30
$199,000
1
1
617
CONDO
57 GREENRIDGE CT
$475,000
2
2
1314
ATTACHD
9 BRITTEN CT
$650,000
3
2.1
1972
ATTACHD
13932 SUNDELEAF DR
$1,149,900
3
2.1
3068
DETACHD
2254 KNAUS RD
$4,275,000
4
5.1
7366
DETACHD
PENDING Nov 17-23, 2025
Address
List Price
Beds
Baths
SF
Prop Type
Days
90 WHEATHERSTONE PL / Main
$524,900
3
2.1
1692
CONDO
48
17401 HILL WAY
$697,000
3
2
1634
DETACHD
6
38 MORNINGVIEW CIR
$789,000
4
3
2408
DETACHD
208
4280 BERNARD ST
$825,000
4
2.1
2383
DETACHD
7
731 CLARA CT
$914,900
4
2.1
2700
DETACHD
47
1405 CHERRY CREST AVE
$998,000
3
2.1
3138
DETACHD
233
135 FURNACE ST #22
$1,199,000
2
2.1
1927
CONDO
12
1700 WOODLAND TER
$1,249,998
4
2.1
2558
DETACHD
5
16878 CANYON DR
$1,325,000
4
2.1
2750
DETACHD
389
3730 UPPER DR
$1,500,000
4
2
2752
DETACHD
229
4241 Cobb WAY
$1,898,000
4
3.1
3397
DETACHD
70
455 FURNACE ST
$1,899,000
4
3.1
3856
DETACHD
3
3548 LAKEVIEW BLVD
$6,475,000
4
3.2
6919
DETACHD
176
SOLD Nov 17-23, 2025
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
71 OSWEGO SUMMIT / Upper
$278,000
$275,000
2
2
1140
CONDO
62
59 Oswego Summit / Upper
$299,000
$289,000
2
2
1140
CONDO
28
5665 BONITA RD
$795,000
$625,000
2
1
1200
DETACHD
125
2424 GLENMORRIE DR
$765,000
$720,000
3
1
1440
DETACHD
96
17360 ALPINE WAY
$824,900
$900,000
5
3
3085
DETACHD
5
5037 PARKHILL ST
$1,395,000
$1,200,000
5
2.1
3289
DETACHD
106
18541 WAXWING WAY
$1,000,000
$1,225,000
3
2.1
2048
DETACHD
5
5437 ROSALIA WAY
$1,295,000
$1,295,000
4
2.1
3369
DETACHD
4
4300 ORCHARD WAY
$1,295,000
$1,310,000
5
3
3229
DETACHD
2
700 PEBBLE BEACH CT
$1,595,000
$1,425,000
4
2
2527
DETACHD
68
17595 KELOK RD
$2,975,000
$2,325,000
5
4
3957
DETACHD
151
3140 SW CHILDS RD
$3,400,000
$2,930,000
5
6.1
6522
DETACHD
170
2406 GLEN EAGLES RD
$4,150,000
$4,499,900
5
5.1
5608
DETACHD
597
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 (***We’ve used “Days” in each category for ease of understanding) .
We wish for you a long weekend of relaxing time with family and friends. We all have so much to be grateful for, and Dianne and I are grateful for YOU! ~ Happy Thanksgiving from us at the Property Blotter. ~
Dianne and I were very honored to learn that our little Blog here, which we’ve been writing together for over 15 years was chosen as one of the Top Real Estate Blogs in Oregon. We don’t usually include link-backs unless it’s Lake Oswego or real estate-related (polite notice to all you sites out there : ) but we were flattered enough to make an exception here. We always hope that our work impacts and helps people, and it’s nice to see it being noticed out there in the wild. Check out “Feedspot” HERE
Last week there were 4 New properties, 11 Pending Sales and 8 that Closed/Sold. There are currently 139 homes available ranging from $175,000 to $8,800,000.
Here is the breakdown:
NEW Jan 27-Feb 2, 2025
Address
List Price
Beds
Baths
SF
Prop Type
14309 EDENBERRY DR
$1,149,900
5
2.1
3011
DETACHD
17808 HILLSIDE WAY
$1,400,000
4
4
3262
DETACHD
16900 GASSNER LN
$1,649,998
4
3.1
3953
DETACHD
2240 SUMMIT CT
$3,250,000
3
3.1
5373
DETACHD
PENDING Jan 27-Feb 2, 2025
Address
List Price
Beds
Baths
SF
Prop Type
Days
44 EAGLE CREST DR #21
$225,000
1
1
798
CONDO
103
4 TOUCHSTONE #133
$260,000
2
2
984
CONDO
3
668 MCVEY AVE #80
$379,900
2
1.1
992
CONDO
138
60 CONDOLEA TER
$400,500
2
3
2784
CONDO
77
18572 LONGFELLOW AVE
$599,900
3
2
1611
DETACHD
197
8 PIMLICO TER
$949,900
5
3
3120
DETACHD
72
2160 CREST DR
$1,295,000
4
2
2690
DETACHD
48
1176 TROON RD
$1,298,000
3
2
3022
DETACHD
76
18034 SKYLAND CIR
$1,650,000
4
3.1
4003
DETACHD
188
2164 GOODALL CT
$4,600,000
4
6.1
6899
DETACHD
191
3012 LAKEVIEW BLVD
$4,999,500
4
4.1
6442
DETACHD
9
CLOSED/SOLD Jan 27-Feb 2, 2025
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
44 EAGLE CREST DRn#13
$299,000
$299,000
3
2
1085
CONDO
29
8 BRITTEN CT
$515,000
$520,000
2
2
1175
ATTACHD
21
2651 LOOKOUT CT
$835,000
$689,150
5
2.1
2472
DETACHD
154
16861 CORTEZ CT
$800,000
$810,000
3
2
1886
DETACHD
1
17802 HILLSIDE WAY
$1,075,000
$898,000
4
2.1
3004
DETACHD
190
17341 WESTVIEW DR
$2,548,000
$1,898,000
4
3.1
3647
DETACHD
314
1720 FERNWOOD DR
$2,249,900
$2,249,900
4
4
3853
DETACHD
172
17210 WALL ST
$2,999,900
$2,600,000
6
6
10883
DETACHD
157
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 (***We’ve used “Days” in each category for ease of understanding) .
Here is your breakdown from the previous month, November, for Portland and surrounding areas including LO broken out at the bottom. This is a once-a year opportunity to see how things compare to the data thru last Dec 31st., 2023) as well as usual the Nov to Dec changes. ***Be sure to check out the Neighborhood Re~ port which categorizes down into smaller pieces.
Overview/Fluctuations ~ December 2024 Market Data:
(**Check out my Neighborhoods Report toward the bottom for details specific to most Portland area neighborhoods or areas of interest.)
New Listings, Pending Sales and Closed Sales were all up from year-end 2023 and down from the previous month, November 2024. Average Sale Price is down slightly from last year and down significantly fron November, whereas the Median Sale Price remained approximately the same. Inventory continues to be low, and we also need to remember that this is somewhat normal for holiday time every year, as are fluctuations in activity. See the Year-End Neighborhood Report below where I compare the differences in Price and Appreciation/Depreciation for each area of the general Portland Metro Area. Happy 2025! It’s off to a busy start!
Rates:“Positive news on inflation has helped stabilize rates in the mid to upper 6% range” Gary Boyer, Regional VP, Gold Star Mortgage Financial
According to the RMLS Market Action Report for the Portland Metro Area December 2024:
There were 1,068 New Listings in December which increased 4.1% from the 1,026 in Dec 2023 and decreased 26.8% from the 1,459 in the previous month/Nov.
At 1,534 Dec 2024’s Closed Sales (Solds) are up 15.3% from Dec 2023’s 1,330 and down 8.7% from the previous month’s total of 1,681.
At 1,326 Dec 2024’s Pending Sales (Accepted Offers) are up 1.3% from Dec 2023’s 1,309, and decreased 16.2% from the previous month/Nov’s total of 1,582.
The Average Sale Price for December 2024 of, $578,300 is down$8,500. from last year/Dec $586,800, and down a whopping $37,400 from the previous month/Nov’s $615,70.
The “Median Sale Price (the price smack dab in the middle of all sales) in Dec 2024 of $525,000 is unchanged from Dec 2023’s $525,000, and down $10,000 from Nov’s $535,000.
LAKE OSWEGO: (Month of December ’24)
204 Active Listings (Nov 253) ** Dec 2023: 171 46 New Listings (Nov 63 ** Dec 2023: 45 55 Pending Sales (Nov 72) ** Dec 2023: 46 80 Closed Sales (Nov 79) ** Dec 2023: 60 Average Sale Price for Dec: $937,000 (Nov $1,044,400) **Dec 2023: $1,095,500 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. 97 Days on the Market (Nov 79) **Dec 2023: 71
The data listed above is as reported by the Regional Multiple Listing Service (RMLS)
Last week as we ushered 2025 in the door, Lake Oswego had 5 properties enter the market, 6 move to Pending status and 9 that Closed/Sold.
Right now there are 142 lovely homes available in Lake Oswego ranging from $190,000 to $8,800,000.
Here is the breakdown:
NEW Dec 30, 2024-Jan 5, 2025
Address
List Price
Beds
Baths
SF
Prop Type
4323 LAKEVIEW BLVD
$299,950
2
1.1
912
CONDO
800 FAIRWAY RD
$450,000
2
2.1
2260
CONDO
12535 SW BOONES FERRY RD
$479,900
3
2
1829
DETACHD
38 CERVANTES CIR
$640,000
4
2
1483
DETACHD
4316 BOTTICELLI ST
$1,295,000
3
2
2037
DETACHD
PENDING Dec 30, 2024-Jan 5, 2025
Address
List Price
Beds
Bath
SF
Prop Type
Days
3433 MCNARY PKWY #505
$375,000
2
2.1
1608
CONDO
30
12535 SW BOONES FERRY RD
$479,900
3
2
1829
DETACHD
3
4312 BOTTICELLI Bldg B ST #8
$485,000
2
2.1
2285
ATTACHD
90
8 BRITTEN CT
$515,000
2
2
1175
ATTACHD
7
18625 BRYANT RD
$550,000
3
1
1586
DETACHD
14
2651 LOOKOUT CT
$699,000
5
2.1
2472
DETACHD
154
SOLD Dec 30, 2024,Jan 5, 2025
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
100 KERR PKWY #54
$200,000
$165,000
1
1
617
CONDO
188
317 CERVANTES / Grnd
$359,000
$340,000
2
2
1209
CONDO
85
4047 JEFFERSON PKWY
$359,900
$355,000
3
2.1
1259
ATTACHD
135
84 KINGSGATE RD
$699,900
$630,000
3
2.1
1701
DETACHD
121
5722 FERNBROOK WAY
$715,000
$680,000
3
2
1580
DETACHD
39
580 8TH ST
$1,695,000
$1,435,000
3
3
1788
DETACHD
92
1115 NORTHSHORE RD
$1,950,000
$1,665,000
4
4.1
4306
DETACHD
166
17522 BRYANT RD
$1,795,000
$1,745,000
4
4
3616
DETACHD
57
1228 MAPLE ST
$2,279,000
$2,038,000
4
3.1
3505
DETACHD
601
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 (***We’ve used “Days” in each category for ease of understanding) .