Market Activity April 10-16, 2023

Last week in Lake Oswego there were 9 new listings, 4 of which sold quickly and appear in this report as pending, 18 pending sales, and 13 sold properties. Check out the market time on the pending sales. 11 of the 18 went pending in one week or less. Conditions for selling a house are really favorable right now.

See below for RMLS data.

New on the Market April 10-16, 2023

AddressTypePriceBedroomsBathsSq Feet
35 Crestfield CtCondo$299,00021921
624 Livingood LnDetached$975,000432612
17656 Woodhurst PlDetached$1,395,00042.54597
1584 Oak StAttached$1,450,000331860
3600 Upper DrDetached$1,999,950533771

Pending Sales April 10-16, 2023

AddressTypePriceBedroomsBathsSq FeetDOM
48 Eagle Crest Dr #5FCondo$300,00022137060
4413 Thunder Vista LnCondo$418,80022.517414
212 Greenridge DrAttached$549,0003212921
5720 Kenny StDetached$630,0003214164
1966 Wembley PlDetached$649,9003321034
3290 Childs RdDetached$739,9003117089
5465 Childs RdDetached$789,0003215447
18701 Bryant RdDetached$789,00032199533
13594 Blazer TrlDetached$797,50032199673
51 TouchstoneDetached$875,00042.531056
191 3rd St #6Condo$950,0002215237
17502 Erin CtDetached$999,0004331427
4799 Lamont WayDetached$1,325,0004331424
2803 Southshore BlvdDetached$1,495,00043374712
515 Laurel StDetached$1,588,00043.53382199
2950 Upper DrDetached$1,899,00032.533962
17147 Old River DrDetached$2,995,00044.5+.569006
2643 Southshore BlvdDetached$3,595,00033.5+.5487293

Sold/Closed April 10-16, 2023

AddressTypeList PriceSold PriceSq FeetCDOM
46 Crestfield CtCondo$295,000$310,0009233
5133 Timbergrove StDetached$649,900$635,000144025
1501 Fernwood DrDetached$799,900$804,00019346
4199 Fruitwood CtDetached$949,000$1,015,00022303
18490 Ray Ridge DrDetached$1,100,000$1,188,00034264
5308 Southwood DrDetached$1,195,000$1,200,00030032
430 9th StDetached$1,199,000$1,203,50027562
2481 Marylshire LnDetached$1,495,900$1,370,000409166
1261 Wells StDetached$1,600,000$1,650,0004316105
13310 Atwater LnDetached$2,350,000$2,245,000569722
4983 Park Bluff PlDetached$2,349,500$2,250,0004088239
13151 Thoma RdDetached$4,500,000$3,520,0005461208
1455 Chandler RdDetached$5,475,000$5,100,0005588155

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.

March 2023 – Portland Neighborhood Stats + LO

Overview/Fluctuations ~ March 2023 Market Data:                      

New, Pending & Sold Listings are all up from the previous month, which is what we’d expect at this time of year. Inventory stayed pretty close to last month, dipping a little. Prices are up everywhere except for Milwaukie, NW Washington County& Hillsboro. Activity is strong and this spring I think we’re looking at lots of Buyers out looking for homes & not as many houses available ratio-wise… You know what that means.

It looks like the jobs numbers are coming more in line w/what the Fed wants to see, so the big pain *may* be ending and rates may start to come down. Here’s what our resident expert has to say about that:

Rates: “We have seen the rate markets stabilize recently with rates staying in the lower 6% range.”     Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report  for the Portland Metro Area-March 2023:

  • There were 2,623 New Listings in March down 25.5% from 3,521 in March 2022 and up a whopping 48.7% from the previous month/Feb’s 1,764.
  • At 1,745 March 2023’s Closed Sales (Solds) are down 35.0% from March 2022’s 2,683, and/but up 21.7% from the previous month/Feb 2023’s total of 1,434.
  • At 2,079 March 2023’s Pending Sales (Accepted Offers) are down 31.7% from March 2022’s 3,045, and up 22.1% from the previous month/Feb’s total of 1,703.
  • The Average Sale Price for March 2023 of, $584,500 is down $26,400 from last year/March 2022’s $610,900, and up $15,300 from the previous month/Feb’s $569,200. 
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in February 2023 of $525,000 dropped $25,000 from March 2022’s $550,000,  up $12,100 from Feb 2023’s $512,900. 

LAKE OSWEGO:

162 Active Listings (Feb 149)
127 New Listings  (Feb 92)
94 Pending Sales (Feb 54)
55 Closed Sales  (Feb 58)
Average Sale Price for March: $991,500 (Feb $984,400)
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.
60 Days on the Market   (Feb 57)

Market Activity ~ April 3-9, 2023

Last week Lake Oswego saw 19 New properties enter the market, 9 move to Pending status, and 8 Sold/Closed. There are currently 125 properties available in Lake Oswego ranging from $154,900 to $9.9 mil.

Here is the breakadown:

NEW April 3-9, 2023

AddressList PriceBedsBathsSFProp Type
4347 SILVER CT$534,90032.11844CONDO
5822 SW ROCKWOOD CT$545,00031.11092DETACHD
1302 BOCA RATAN DR$615,00032.11739CONDO
5720 KENNY ST$630,000321416DETACHD
3290 CHILDS RD$739,900311708DETACHD
5465 CHILDS RD$789,000321544DETACHD
51 TOUCHSTONE$875,00042.13105DETACHD
5865 SOUTHWOOD DR$950,00042.13035DETACHD
191 3RD ST #6$950,000221523CONDO
17502 ERIN CT$999,000433142DETACHD
18086 JENIFERS WAY$1,000,00032.12582DETACHD
4799 LAMONT WAY$1,325,00042.13142DETACHD
19263 35TH PL$1,425,00043.13476DETACHD
16461 CHAPIN WAY$1,475,00042.14012DETACHD
2803 SOUTHSHORE BLVD$1,495,000433747DETACHD
17285 TUALATIN ST$1,579,000434178DETACHD
15203 LILY BAY CT$1,595,00042.13216DETACHD
17147 OLD RIVER DR$2,995,00044.26900DETACHD
13050 FIELDING RD$3,200,000454805DETACHD

PENDING April 3-9, 2023

AddressList PriceBedsBathsSFProp TypeDays
237 CERVANTES #19$315,00021.11216CONDO54
4967 GALEN ST$725,00032.12223DETACHD4
647 2ND ST$795,000221457ATTACHD10
5865 SOUTHWOOD DR$950,00042.13035DETACHD2
3802 SOUTHSHORE BLVD$995,000431908DETACHD3
16461 CHAPIN WAY$1,475,00042.14012DETACHD4
1633 MAPLE ST$1,495,000333448DETACHD14
21 D AVE #8$1,945,60022.12183CONDO503
13050 FIELDING RD$3,200,000454805DETACHD1

SOLD April 3-9, 2023

AddressOpeningClosedProp TypeSFBedsBathsDays
16061 WALUGA DR$660,000$450,000DETACHD6761145
11 EAGLE CREST DR$575,000$573,000DETACHD1522224
765 10TH ST$1,225,000$1,000,000DETACHD252633123
2329 STONEHURST CT$1,250,000$1,260,000DETACHD3622435
4871 CENTERWOOD ST$1,300,000$1,350,000DETACHD2749533
840 9TH ST$2,150,000$2,250,000DETACHD283544.14
614 CABANA LN$2,498,000$2,400,000DETACHD3257332
17435 WREN CT$3,695,000$3,600,000DETACHD413444.1156
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) .

Market Activity March 27-April 2, 2023

Last week in Lake Oswego there were 9 new listings, 20 of which sold quickly and appear in the report as pending, 12 pending sales, and 4 sold/closed properties.

The spring market, in my opinion, is getting off to a slow start. However, what is coming on the market is selling quickly. It remains a great time to buy or to sell a house. I am expecting the inventory to increase as we get further into the season.

See below for RMLS data

New on the Market March 27-April 2, 2023

AddressTypePriceBedroomsBathsSq Feet
4 Touchstone #80Condo$245,00022984
4000 Carman Dr #60Condo$324,90022866
16250 Pacific Hwy #55Condo$370,000221305
6 The GrottoDetached$649,000321381
5178 Lower DrDetached$694,500321764
3290 Childs RdDetached$739,900311708
1228 Maple StDetached$2,279,00043.53505

Pending March 27-April 2, 2023

AddressTypePriceBedroomsBathsSq FeetDOM
47 Eagle Crest Dr #31Condo$242,5002110094
4 Touchstone Dr #151Condo$299,90032.5135138
5062 Foothills Dr HCondo$429,000321252151
16200 Pacific Hwy #14Condo$500,0002212075
5650 Lakeview BlvdDetached$549,0003227152
16472 Bonaire AveDetached$650,0003214645
13125 Vermeer DrDetached$715,00042.520465
7 SpinosaDetached$749,9003322959
19211 Indian Springs RdDetached$759,00043213271
7 Hotspur StDetached$825,00043219519
2318 Hillside LnDetached$1,195,00043.5325814
4947 Park Bluff PlDetached$2,400,00044.54292372

Sold/Closed March 27-April 2, 2023

AddressTypeList PriceClosed PriceSq FeetCDOM
44 Eagle Crest Dr #23Condo$229,000$231,25079844
219 Cervantes #219Condo$325,000$267,5001100110
1120 Boca Ratan DrAttached$550,000$550,000161144
49 Da Vinci StDetached$899,900$822,000235124

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 ~ March 20-26, 2023

Last week Lake Oswego had 12 properties enter the market (New), 13 move to Pending/Accepted-Offer status, and 8 that Closed/Sold.

Right now there are 110 properties available in Lake Oswego ranging from $176,900 to $9.9 mil.

Here is the breakdown:

NEW March 20-26, 2023

AddressList PriceBedsBathsSFProp Type
47 EAGLE CREST DR #31$242,500211009CONDO
200 BURNHAM RD #306$354,900211199CONDO
16200 PACIFIC HWY #14$500,000221207CONDO
17635 DEEMAR WAY$695,000421513DETACHD
13125 VERMEER DR$715,00042.12046DETACHD
647 2ND ST$795,000221457ATTACHD
644 ELLIS AVE$875,000422335DETACHD
7 BECKET ST$999,00043.14176DETACHD
430 9TH ST$1,199,000222756DETACHD
1633 MAPLE ST$1,495,000333448DETACHD
17101 CAMPUS WAY$1,850,00044.13367DETACHD
13570 GOODALL RD$3,850,00064.16211DETACHD

PENDING March 20-26, 2023

AddressList PriceBedsBathsSFProp TypeDays
46 CRESTFIELD CT/Upper$295,00021923CONDO3
200 BURNHAM RD #303$359,000211185CONDO18
16880 TRACY AVE$510,000311080DETACHD63
5857 CARMAN DR$575,00021972DETACHD121
206 GREENRIDGE DR$597,000321362ATTACHD5
16932 GREENTREE AVE$850,000433440DETACHD66
644 ELLIS AVE$875,000422335DETACHD3
4199 FRUITWOOD CT$949,000322230DETACHD3
430 9TH ST$1,199,000222756DETACHD2
3131 WESTVIEW CT$1,750,00044.14597DETACHD28
840 9TH ST$2,150,00044.12835DETACHD4
15880 OSWEGO SHORE CT$2,175,00053.13977DETACHD26
13777 CAMEO CT$3,395,00055.16984DETACHD240

SOLD March 20-26, 2023

AddressOpeningClosedBedsBathsSFProp TypeDays
1805 Headlee LN$850,000$850,000222388DETACHD7
1550 BEDFORD CT$845,000$857,13532.12411DETACHD3
18451 WAXWING ST$975,000$1,100,00042.12730DETACHD2
17390 GRANDVIEW CT$1,450,000$1,465,00044.24502DETACHD8
16515 INVERURIE RD$1,879,900$1,876,40053.13490DETACHD3
15784 TWIN FIR RD$1,990,900$1,930,00032.13471DETACHD5
4694 UPPER DR$2,098,000$2,000,000333637DETACHD53
2485 GREENTREE RD$2,325,000$2,149,000443853DETACHD186
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) .

Market Activity March 13-19, 2023

Last week in Lake Oswego there were 5 new listings, one of which sold quickly and appears here as a pending sale, 11 houses that went pending, and 6 sold/closed properties.

I find myself intrigued by the low number of new listings. This is the time of year when they amp up. We should see this number increase significantly in the next 30 days.

See below for RMLS data.

New on the Market March 13-19, 2023

AddressTypePriceBedroomsBathsSq Feet
13254 Twin Creek CtDetached$1,188,00042.53470
2318 Hillside LnDetached$1,195,00044.53258
2020 Wembley Park RdDetached$1,199,000321712

Pending Sales March 13-19, 2023

AddressTypePriceBedroomsBathsSq FeetDOM
4433 Thunder Vista LnCondo$450,00022.520027
16061 Waluga DrDetached$450,0001167645
11 Eagle Crest DrDetached$575,0002215224
5133 Timbergrove StDetached$649,90032144025
1865 Mapleleaf RdDetached$799,90032168612
567 2nd StCondo$1,095,0002214122
765 10th StDetached$1,099,000332526122
18490 Ray Ridge DrDetached$1,100,00033.534264
16800 Lakeridge DrDetached$1,290,00043241611
13310 Atwater LnDetached$2,350,00054569722
13132 Thoma RdDetached$2,975,00055.55434336

Sold/Closed March 13-19, 2023

AddressTypeList PriceSold PriceSq FeetCDOM
30 Crestfield Ct #30Condo$339,000$315,000998911
23 Aquinas StDetached$775,000$775,000184010
1265 Rockinghorse LnDetached$875,000$850,0002452211
24 Grouse TerDetached$1,200,000$1,100,000367316
776 Carrera LnDetached$1,499,000$1,375,0003449221
15791 Twin Fir RdDetached$1,739,000$1,620,0004035197

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

Feb 2023 – Portland Neighborhood Stats + LO

Overview/Fluctuations ~ February 2023 Market Data:                               

It’s kind of a mixed bag of information coming in from last month’s data and current events. Firstly, Inventory took a dip in February contrasting with the steady rise we’ve been seeing over the last 5 months. Word on the street is that the photographers are very busy with Listing photo shoots, so it is likely a brief anomaly, but we’ll see when the March numbers come out. Overall I’d say it’s maybe a bit of a slow start, but we don’t really see the market dress up with everybody coming out to the party till March/April anyway. Closed sales are up 31.8% over January and prices are generally rising back from the drop they took in January (see Neighborhood Report below). Of course the big news right now is the banking sector and the way those issues will or will not affect interest rates and the Fed’s actions.

Rates: “After several weeks of pressure on rates moving higher, we are seeing a pullback with rates dropping to the lower 6% range.

Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report  for the Portland Metro Area-Feb 2023:

  • There were 1,764 New Listings in Feb down 31.4% from 2,571 in Feb 2022 and also down 9.0% from the previous month/Jan’s 1,938.
  • At 1,434 Feb 2023’s Closed Sales (Solds) are down 26.0% from Feb 2022’s 1,939, and/but up 31.8% from the previous month/Jan 2023’s total of 1,088.
  • At 1,703 Feb 2023’s Pending Sales (Accepted Offers) are down 30.5% from Feb 2022’s 2,452, and also down a smaller fraction of 3.8% from the previous month/Jan’s total of 1,771.
  • The Average Sale Price for February 2023 of, $569,200 is down $13,000 from last year/Feb 2022’s $582,200, and up a significant $36,300 from the previous month/Jan’s $532,900. 
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in February 2023 of $512,900 dropped $12,100 from Feb 2022’s $525,000, and is up $23,400 from January 2023’s $489,500. 

LAKE OSWEGO (February 2023):

149 Active Listings (Jan 132)
92 New Listings  (Jan 81)
54 Pending Sales (Jan 75
58 Closed Sales  (Jan 38)
Average Sale Price for Nov: $984,400 (Jan $1,005,400)
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.
57 Days on the Market   (Jan 58)

Market Activity ~ March 6-12, 2023

This last week Lake Oswego had 18 properties enter the market (New), 12 move to Pending/Accepted Offer stage, and 7 that Sold/Closed. Right now there are 112 properties to choose from in lake Oswego ranging from $176,900 to $9.9 mil.

Here is the breakdown of last week’s activity:

NEW March 6-12, 2023

AddressList PriceBedsBathsSFProp Type
4 TOUCHSTONE #119$235,00032.11351CONDO
16250 PACIFIC HWY #71$369,999221305CONDO
4459 GOLDEN LN, Grnd$445,00032.11737CONDO
4433 THUNDER VISTA LN, Grnd$450,00022.12002CONDO
46 GREENRIDGE CT$685,00032.12036ATTACHD
4748 AMHERST CT$695,00032.13015ATTACHD
18701 BRYANT RD$789,000321995DETACHD
1865 MAPLELEAF RD$799,900321686DETACHD
7 HOTSPUR ST$825,000432195DETACHD
17950 SAINT CLAIR DR$875,00042.12895DETACHD
18490 RAY RIDGE DR$1,100,00033.13426DETACHD
5308 SOUTHWOOD DR$1,195,000433003DETACHD
5290 CHILDS RD$1,499,00044.13671DETACHD
17623 BROOKHURST DR$1,575,00033.24194DETACHD
614 CABANA LN$2,498,000333257DETACHD
13581 GOODALL RD$3,100,00044.15141DETACHD
3531 Lake Grove AVE$3,850,00043.25036DETACHD
3358 LAKEVIEW BLVD$5,200,000545133DETACHD

PENDING March 6-12, 2023

AddressList PriceBedsBathsSFProp TypeDays
1120 BOCA RATAN DR$550,000321611ATTACHD44
14 PREAKNESS CT$749,00022.12190ATTACHD5
1501 FERNWOOD DR$779,900431934DETACHD6
4997 MULHOLLAND DR$799,90022.12468DETACHD33
1550 BEDFORD CT$845,00032.12411DETACHD3
5308 SOUTHWOOD DR$1,195,000433003DETACHD2
2329 STONEHURST CT$1,250,000433622DETACHD5
4871 CENTERWOOD ST$1,300,000532749DETACHD3
4694 UPPER DR$2,098,000333637DETACHD53
614 CABANA LN$2,498,000333257DETACHD2
13581 GOODALL RD$3,100,00044.15141DETACHD1
1455 CHANDLER RD$5,474,90056.15588DETACHD155

SOLD March 6-12, 2023

AddressOpeningClosedBedsBathsSFProp TypeDays
44 EAGLE CREST DR, Lower$265,000$290,000321085CONDO5
1731 ASPEN CT$619,000$614,000321440DETACHD4
13991 MAJESTIC CT$789,000$812,000321765DETACHD6
17950 SAINT CLAIR DR$875,000$860,00042.12895DETACHD0
1466 Nelson CT$1,195,000$1,124,00043.13169DETACHD137
1745 MAPLELEAF RD$1,800,000$1,610,00053.13661DETACHD100
2671 GLEN EAGLES RD$1,895,000$1,760,000334014DETACHD274
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) .

Market Activity Feb 27-Mar 5, 2023

Last week in Lake Oswego we had 6 new listings, 10 properties move to pending status, and 12 closed sales.

See below for RMLS data.

New on the Market Feb 27-Mar 5, 2023

AddressTypePriceBedroomsBathsSq Feet
204 CervantesCondo$360,000311138
200 Burnham Rd #303Condo$369,000211185
18400 Indian Creek DrDetached$825,000431736
2025 Wembley Park RdDetached$1,249,90032.52901
17649 Woodhurst PlDetached$1,550,00054.55669
1611 Leslie LnDetached$4,450,00055.5+.56979

Pending Sales Feb 27-Mar 5, 2023

AddressTypePriceBedroomsBathsSq FeetDOM
44 Eagle Crest Dr #23Condo$229,9001179844
219 CervantesCondo$320,000221100110
5133 Timbergrove StDetached$649,90032144011
1206 Cedar StDetached$725,00031.5142615
49 Da Vinci StDetached$840,00032235124
1805 Headlee LnDetached$850,0002223887
16932 Greentree AveDetached$899,0004334407
19863 Sycamore AveDetached$1,050,0004329617
2485 Greentree RdDetached$2,199,900443853186
17435 Wren CtDetached$3,695,00044.5413452

Sold/Closed Feb 27-Mar 5, 2023

AddressTypeList PriceClosed PriceSq FeetCDOM
47 Eagle Crest Dr #18Condo$249,999$249,99993212
200 Burnham Rd #304Condo$365,000$358,00013056
12826 Boones Ferry RdCondo$464,900$450,0001182192
20 WheatherstoneCondo$479,000$485,0001692154
16 Hotspur StDetached$799,000$772,00023355
17808 Cardinal PlDetached$899,000$975,00020085
757 C AveDetached$1,499, 000$1,243,000294876
13052 Knaus RdDetached$1,400,000$1,375,000302623
18975 Olson AveDetached$1,850,000$1,668,0003569144
852 E AveDetached$1,850,000$1,979,0002839109
4938 Park Bluff PlDetached$2,495,000$2,470,0504046167
3917 Southshore BlvdDetached$5,200,000$4,925,00050830

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 ~ Feb 20-26, 2023

Last week Lake Oswego had 13 properties enter the market, 4 move to Pending/Accepted Offer status, and 6 Closed/Sold. Right now in Lake Oswego there are 110 properties available ranging from $176,900 to $9.9 mil.

Here is the breakdown according to RMLS:

NEW Feb 20-26, 2023

AddressList PriceBedsBathsSFProp Type
16240 PARKER RD$729,000321454DETACHD
1805 Headlee LN$850,000222388DETACHD
18451 WAXWING ST$975,00042.12730DETACHD
19863 SYCAMORE AVE$1,050,000432961DETACHD
3131 WESTVIEW CT$1,750,00044.14597DETACHD
15880 OSWEGO SHORE CT$2,225,00053.13977DETACHD
13310 ATWATER LN$2,350,000545697DETACHD
2101 GOODALL CT$2,795,00044.14290DETACHD
3610 EENA RD$3,480,00054.14128DETACHD
4200 OLD GATE RD$3,500,00054.14734DETACHD
13560 GOODALL RD$3,699,00044.25310DETACHD
17952 CARDINAL DR$3,849,90053.24588DETACHD
13580 GOODALL RD$3,899,00044.14780DETACHD

PENDING Feb 20-26, 2023

AddressList PriceBedsBathsTotal SFProp TypeDays
48 EAGLE CREST DR, #5F$300,000221370CONDO5
18451 WAXWING ST$975,00042.12730DETACHD2
2481 MARYLSHIRE LN$1,495,900644091DETACHD14
13151 THOMA RD$3,799,90055.15461DETACHD208

SOLD Feb 20-26, 2023

AddressOpeningClosedBedsBathsSFProp TypeDays
3808 BOTTICELLI ST, Grnd$349,500$365,000321224CONDO28
19019 TERRY AVE$674,900$670,000321344DETACHD3
1248 LARCH ST$750,000$819,500422347DETACHD15
6545 CHILDS RD$1,199,900$1,130,00064.13508DETACHD6
573 2ND ST, Upper$1,200,000$1,158,00022.11659CONDO5
1956 HIGHLANDS LOOP$2,750,000$2,910,00054.14641DETACHD9
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) .