Market Activity Archives - Page 19 of 96

August 18, 2022September 9, 2022

Market Activity ~ Aug 8-14, 2022

Last week Lake Oswego saw 17 properties enter the market, 20 move to Pending status, and 12 Sold/Closed. Right now there are 245 homes available in Lake Oswego ranging from $245,000 to $11.5 mil.

Here is the breakdown:

NEW Aug 8-14, 2022

Address	List Price	Beds	Baths	SF	Prop Type
40 CRESTFIELD CT / Upper	$200,000	1	1	690	CONDO
4 TOUCHSTONE #95	$219,900	2	2	984	CONDO
45 OSWEGO SMT / Lower	$240,000	1	1	764	CONDO
86 KINGSGATE RD #63	$370,000	2	2	849	CONDO
605 ASH ST	$625,000	3	2	1528	DETACHD
5297 CENTERWOOD ST	$655,000	3	2	1746	DETACHD
18585 KRISTI WAY	$730,000	3	2	1266	DETACHD
18040 BELMORE AVE	$749,900	3	2	2077	DETACHD
19395 35TH CT	$849,900	3	3	2385	DETACHD
18591 WAXWING WAY	$885,000	3	2.1	2145	DETACHD
7200 CHILDS RD	$950,000	4	4	2660	DETACHD
5490 ROYAL OAKS DR	$967,500	3	2	1768	DETACHD
17377 MARJORIE AVE	$995,000	4	3	2651	DETACHD
17244 FERNWOOD DR	$1,150,000	4	2.1	2617	DETACHD
5677 CHARLES CIR	$1,225,000	4	2.1	2962	DETACHD
5904 BAY POINT DR	$1,250,000	5	2.1	3433	DETACHD
890 C AVE	$1,275,000	3	2.1	2596	DETACHD

PENDING Aug 8-14, 2022

Address	List Price	Beds	Baths	Total SF	Prop Type	Days
100 KERR PKWY #54	$187,900	1	1	617	CONDO	94
40 CRESTFIELD CT	$200,000	1	1	690	CONDO	2
47 EAGLE CREST DR #24	$224,900	1	1	672	CONDO	41
45 EAGLE CREST DR #415	$240,000	2	1.1	1056	CONDO	45
122 OSWEGO SMT	$243,330	1	1	764	CONDO	7
200 BURNHAM RD #405	$380,000	2	2	1328	CONDO	7
3930 CARMAN DR	$439,000	2	2.1	1146	CONDO	29
4 SUMMIT RIDGE CT	$499,900	2	2.1	1576	ATTACHD	4
6240 BURMA RD	$599,900	3	2	1724	DETACHD	64
5788 SW LANGFORD LN	$650,000	2	2	1598	DETACHD	14
15 MASARYK ST	$675,000	4	3	3864	DETACHD	31
5272 TREE ST	$799,900	3	3	1948	DETACHD	4
17721 OVERLOOK CIR	$890,000	4	2.1	3172	DETACHD	12
63 TOUCHSTONE	$899,900	4	3	3088	DETACHD	21
17095 REBECCA LN	$925,000	3	3	2379	DETACHD	7
14 CHURCHILL DOWNS	$989,000	3	2	2062	DETACHD	5
327 3RD ST	$999,000	3	3.1	2123	ATTACHD	4
17244 FERNWOOD DR	$1,150,000	4	2.1	2617	DETACHD	2
2600 DELLWOOD DR	$1,599,900	4	3	3690	DETACHD	314
17527 KELOK RD	$2,150,000	3	3	4664	DETACHD	10

SOLD Aug 8-14, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
61 CHURCH ST	$240,000	$247,000	2	1.1	1040	ATTACHD	3
4000 CARMAN DR #35	$300,000	$300,000	2	2	869	CONDO	5
47 EAGLE CREST DRb #53	$299,000	$302,500	3	1	1024	CONDO	10
16250 PACIFIC HWYb #69	$387,000	$387,000	2	2	1328	CONDO	5
13880 SUNDELEAF DR	$425,000	$440,000	2	1	1048	DETACHD	3
1 ADAMS CT	$550,000	$580,000	2	2	1456	DETACHD	4
700 LIVINGOOD LN	$799,950	$770,000	4	2.1	2692	DETACHD	9
2020 WEMBLEY PARK RD	$775,000	$810,200	3	2	1712	DETACHD	4
17755 OVERLOOK LN	$1,100,000	$1,170,000	4	2.1	3198	DETACHD	6
13300 FOX RUN	$1,495,000	$1,200,000	4	2.1	3234	DETACHD	74
873 COUNTRY COMMONS	$1,295,000	$1,220,000	4	3	3609	DETACHD	60
14013 EDENBERRY CT	$1,495,000	$1,565,000	4	2.1	3673	DETACHD	3

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) .

August 12, 2022

Market Activity Aug 1-7, 2022

The numbers between new listings, pending sales, and sold properties remains fairly balanced, although slightly slower than the last time I did this report. In Lake Oswego last week we had 23 new listings, 5 of which sold quickly and are represented in this report as pending, 18 pending sales, and 13 closed listings.

For most of my real estate career market time has been 45-60 days. Pending sales last week averaged 25 days. That is healthy. Perhaps we are returning to historic normal?

See below for RMLS details

New Listings Aug 1-7, 2022

Address	Type	Price	BR	Bath	Sq Feet
122 Oswego Summit	Condo	$235,000	1	1	764
200 Burnham Rd #405	Condo	$380,000	2	2	1328
16074 Lake Forest Blvd	Detached	$599,950	3	2	1354
19211 Indian Springs Rd	Detached	$825,000	4	2	2132
17615 Bryant Rd	Detached	$825,000	4	2	2110
5557 Langford Ln	Detached	$889,000	2	2	1539
17095 Rebecca Ln	Detached	$925,000	3	3	2379
4264 Harvey Way	Detached	$925,000	4	3	2728
327 3rd St	Attached	$999,000	3	3.5	2123
63 Garibaldi St	Detached	$1,450,000	3	3.5	4200
542 4th St	Attached	$1,549,000	4	4.5+.5	3376
1991 Ridgewood Rd	Detached	$1,550,000	4	2.5+.5	4993
17527 Kelok Rd	Detached	$2,150,000	3	3	4664
4956 Park Bluff Pl	Detached	$2,395,000	4	3.5	4074
4938 Park Bluff Pl	Detached	$2,495,000	4	4.5	4046
929 Cumberland Rd	Detached	$2,800,000	5	6.5	5095
13068 Knaus Rd	Detached	$3,289,000	5	5.5+.5+.5	6512
445 Northshore Rd	Detached	$3,499,000	3	3.5	3066

Pending Sales Aug 1-7, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone #77	Condo	$245,000	3	2.5	1351	8
4061 Jefferson Pkwy	Condo	$358,000	2	2.5	1462	152
4300 Botticelli St	Attached	$374,900	2	2.5	1721	42
5055 Foothills Dr G	Condo	$429,900	$3	2	1252	2
5054 Foothills Dr 70F	Condo	$475,000	2	2	1252	24
5 Partridge Ln	Detached	$699,000	3	2.5	2794	25
439 Livingood Ln	Detached	$814,000	3	2.5	2540	6
4618 Auburn Ln	Attached	$895,000	3	3.5	2732	3
39 Tanglewood Dr	Detached	$899,000	4	3	3167	4
19 Touchstone	Detached	$899,000	4	3	2789	2
2 Yorick	Detached	$975,000	4	3.5	2979	3
346 Lake Bay Ct	Detached	$1,075,000	4	2.5	1900	3
4745 Dogwood Dr	Detached	$1,125,000	4	2.5	3887	23
3151 Alber Spring Ct	Detached	$1,375,000	5	3.5	3917	1
100 Leonard St 4-2	Condo	$1,395,000	3	2.5	3137	68
5014 Upper Dr	Detached	$1,399,000	5	3	3416	22
767 10th St	Detached	$2,000,000	4	4.5	3900	50
162 Berwick Rd	Detached	$3,295,000	4	4.5	4657	6

Sold/Closed Aug 1-7, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
3652 Spring Ln	Condo	$369,000	$369,000	1117	11
5225 Jean Rd #207	Condo	$410,000	$385,000	1415	3
17 Da Vinci	Detached	$550,000	$614,000	1876	5
100 Leonard St 3-4	Condo	$699,000	$695,000	1736	9
342 Livingood Ln	Detached	$738,000	$738,000	2,384	5
13 Masaryk St	Detached	$799,000	$790,000	2219	5
5115 Firwood Rd	Detached	$849,000	$815,000	1660	25
4973 Parkhill St	Detached	$925,000	$900,000	2230	23
139 Del Prado St	Detached	$1,150,000	$1,132,500	2955	4
1535 Pine St	Detached	$1,150,000	$1,150,000	2390	7
1736 Palisades Terrace Dr	Detached	$1,150,000	$1,150,000	3079	30
15868 Parker Rd	Detached	$2,100,000	$2,085,000	3679	30
17210 Cedar Rd	Detached	$2,785,000	$2,775,000	3548	7

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.

July 29, 2022

Market Activity Report July 18-24, 2022

The real estate market in Lake Oswego last week continued to be well balanced between buyers and sellers. There were 18 properties that came onto the market, 3 of which sold so fast that in this report they are part of the pending properties. 21 properties went pending and 16 sold/closed.

Surprisingly, interest rates actually went down slightly after the Federal Reserve raised the prime lending rate by .75%. Mortgage rates are influenced by the prime lending rate but not completely dictated. Other forces have impact as well. The drop in mortgage rates was a refection of factors such as investors taking money out of the stock market and putting it into safer investments like mortgage bonds. This growing demand leads to lower rates.

See below for further RMLS data.

New Listings July 18-24, 2022

Address	Type	Price	BR	Bath	Sq Feet
168 Oswego Summit	Condo	$330,000	2	2	1383
668 McVey Ave #83	Condo	$480,000	2	1.5	992
66 Wheatherstone #35	Condo	$599,900	4	3.5	2465
5429 Kenny St	Detached	$715,000	3	2	1584
3585 Lake Grove Ave	Detached	$820,000	4	2	1575
1714 Greentree Rd	Detached	$900,000	4	3	3110
63 Touchstone	Detached	$925,000	4	3	3088
860 Lake Forest Dr	Detached	$998,000	5	2.5	2025
3460 Lake Grove Ave	Detached	$1,395,000	3	2	1673
11 Nansen Summit	Detached	$1,495,000	4	4.5	4955
178 Pine Valley Rd	Detached	$1,850,000	5	3.5	3001
1250 SW Englewood Rd	Detached	$2,499,000	3	3.5	5097
1901 Childs Rd	Detached	$3,400,000	5	3	3516
13777 Cameo Ct	Detached	$4,198,000	5	5.5	7300
1901 Childs Rd	Detached	$4,800,000	5	3	3516

Pending Sales July 18-24, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4000 Carman Dr D51	Condo	$314,900	2	2	885	7
3652 Spring Ln	Condo	$369,000	2	2	1117	11
13880 Sundeleaf	Detached	$425,000	2	1	1048	3
4405 Thunder Vista Ln	Condo	$445,500	2	2.5	1922	56
17 Da Vinci	Detached	$550,000	3	2	1876	5
5970 Kennycroft Way	Detached	$599,900	3	2	1212	81
1765 Conifer Dr	Detached	$749,000	4	2	2334	16
2020 Wembley Park Rd	Detached	$775,000	3	2	1712	4
2062 Cedar Ct	Detached	$785,000	3	2	1800	1
5480 Burma Rd	Detached	$829,000	4	2	1632	22
5115 Firwood Rd	Detached	$849,000	3	2.5	1660	25
19 Touchstone	Detached	$899,000	4	3	2789	1
4121 Wolf Berry Ct	Detached	$975,000	3	2.5	2654	4
18100 Bryant Rd	Detached	$990,000	3	1.5	1425	13
19330 River Run Rd	Detached	$995,000	4	4	3955	18
347 6th St	Attached	$1,050,000	3	3.5	2360	3
1455 Nelson Ct	Detached	$1,149,000	4	2.5	2210	14
13330 Hidden Bay Ct	Detached	$1,149,000	4	2.5	3057	1
4996 Cascara Ln	Detached	$1,195,000	3	2.5	3106	25
754 5th St	Detached	$1,298,000	3	3	2179	7
732 2nd St	Detached	$2,299,000	4	3.5	3547	32

Sold/Closed July 18-24, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
45 Eagle Crest Dr #504	Condo	$240,000	$230,000	768	19
4000 Carman Dr #40	Condo	$300,000	$350,000	906	10
16300 Reese Rd	Detached	$675,000	$593,000	2100	8
17188 Rebecca Ln	Detached	$690,000	$705,000	1930	4
980 Lund St	Detached	$725,000	$715,000	1,833	14
5497 Willow Ct	Attached	$775,000	$725,000	2427	56
14251 Camden Ln	Detached	$719,000	$735,000	2179	2
3 Beckket St	Detached	$775,000	$765,000	4285	18
21 Touchstone	Detached	$959,900	$835,000	1918	45
2291 Wembley Park Rd	Detached	$999,500	$964,000	2150	11
5322 Carman Grove Ln	Detached	$1,200,000	$1,050,000	2647	22
13 Buckingham Terrace	Detached	$999,990	$1,162,000	2946	4
16219 White Oaks Dr	Detached	$1,200,000	$1,200,000	2862	0
568 Weidman Ct	Detached	$1,275,000	$1,275,000	3702	3
5455 Childs Rd	Detached	$2,395,000	$2,195,000	3870	28
688 6th St	Detached	$1,940,000	$2,300,000	2939	27

July 24, 2022July 25, 2022

Portland Real Estate Stats + LO ~ June 2022

Overview/Fluctuations ~ Market Data:
We are seeing the effects of interest rate increases in the Portland market. Gresham, Milwaukie, Oregon City and Tigard are holding their own as competitive for Buyers. The rest of the areas of Portland saw Buyers putting their collective foot down as evidenced by the Average Sale Prices compared with the previous month. We call this stabilization, so it’s actually a good thing. Inventory is rising to almost 2020 levels at 1.4 months, but 2018 was 2.1 months inventory and 2019 was 2.4 months, so you can see we’ve got a way to go before we’re back to those levels. Rates: Right now I’m told rates for primary/owner-occupied are at around 6.1% with great credit, utilizing a discount point and putting 20% down.

According to the RMLS Market Action Report for the Portland Metro Area-June 2022:

There were 4,295 New Listings in June 2022, which was down only slightly from June 2021’s 4,298, and up 11.5% from the previous month/May’s 3,853.
At 2,893 June 2022’s Closed Sales (Solds) are down 16.8% from June 2021’s 3,477, and down 0.8% from the previous month/May 2022’s total of 2,916
At 2,563 June 2022’s Pending Sales (accepted Offers) are down 27.5% from June 2021’s 3,534, and also down 17.9% from the previous month/May 2022’s total of 3,122.
The Average Sale Price in June 2022 of, $633,300 is up $36,200 from last year/June 2021’s $597,100, and down $16,300 from the previous month/May’s $649,600.
The “Median” Sale Price” (the price smack dab in the middle of all sales) in June 2022 of $570,000 rose from last year/June 2021’s $521,000 by $49,000, and is down $5,000 from the previous month’s $575,000.

LAKE OSWEGO:

171 Active Listings (May 137)
198 New Listings (May 193)
143 Pending Sales (May 153)
125 Closed Sales (May 146)
Average Sale Price for May: $1,035,500 (May $1,028,600)
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.
18 Days on the Market (May 19)

July 21, 2022September 9, 2022

Market Activity ~ July 11-17, 2022

Last week Lake Oswego saw 23 properties enter the market, 19 move to Pending status and 12 Sold/Closed. Right now there are 123 properties ranging from $192,000 to 11.5 Mil available.

NEW July 11-17, 2022

Address	List Price	Beds	Baths	SF	Prop Type
4000 CARMAN DR D51	$314,900	2	2	885	CONDO
5225 JEAN RD #207	$410,000	3	2	1415	CONDO
13880 SUNDELEAF DR	$425,000	2	1	1048	DETACHD
3930 CARMAN DR	$439,000	2	2.1	1146	CONDO
5054 FOOTHILLS DR #70F	$485,000	2	2	1252	CONDO
17 DA VINCI	$550,000	3	2	1876	DETACHD
852 5TH ST	$729,500	2	1	738	DETACHD
2020 WEMBLEY PARK RD	$775,000	3	2	1712	DETACHD
4965 MULHOLLAND DR	$775,000	2	2.1	2468	ATTACHD
1250 HALLINAN CIR	$825,000	4	3	2168	DETACHD
5045 GREENSBOROUGH CT	$899,900	4	2.1	2107	DETACHD
4121 WOLF BERRY CT	$975,000	3	2.1	2654	DETACHD
4745 DOGWOOD DR	$995,000	4	4	3887	DETACHD
14141 GOODALL RD	$999,900	3	2.1	1988	DETACHD
347 6TH ST	$1,050,000	3	3.1	2360	ATTACHD
754 5TH ST	$1,298,000	3	3	2179	DETACHD
3763 TEMPEST DR	$1,395,000	5	2.1	2895	DETACHD
5014 UPPER DR	$1,399,900	5	3	3416	DETACHD
5290 CHILDS RD	$1,499,000	4	4.1	3525	DETACHD
5550 JEAN RD	$1,790,000	4	4.1	3001	DETACHD
17484 BRYANT RD	$1,890,000	4	3.1	3615	DETACHD
13017 KNAUS RD	$1,898,000	4	3.1	4690	DETACHD
961 LAKE FRONT RD	$4,895,000	3	3.1	4998	DETACHD

PENDING July 11-17, 2022

Address	List Price	Beds	Baths	SF	Prop Type	Days
47 EAGLE CREST DR #53	$299,000	3	1	1024	CONDO	10
86 KINGSGATE RD, H104	$324,900	2	2	840	CONDO	37
16250 PACIFIC HWY #69	$387,000	2	2	1328	CONDO	5
5225 JEAN RD #207	$410,000	3	2	1415	CONDO	3
1 ADAMS CT	$550,000	2	2	1456	DETACHD	4
5342 RED LEAF ST	$599,000	3	2.1	1710	DETACHD	29
14332 SHERBROOK PL	$689,900	3	2.1	1770	DETACHD	18
4965 MULHOLLAND DR	$775,000	2	2.1	2468	ATTACHD	2
13 MASARYK ST	$799,000	3	2	2219	DETACHD	5
7 DA VINCI ST	$850,000	3	3	2631	DETACHD	17
2964 OVERLOOK DR	$1,099,900	5	2.1	3731	DETACHD	30
17755 OVERLOOK LN	$1,100,000	4	2.1	3198	DETACHD	6
1535 PINE ST	$1,150,000	3	2.1	2390	DETACHD	7
13300 FOX RUN	$1,200,000	4	2.1	3234	DETACHD	74
873 COUNTRY COMMONS	$1,295,000	4	3	3609	DETACHD	60
14013 EDENBERRY CT	$1,495,000	4	2.1	3673	DETACHD	3
15003 TWIN FIR RD	$1,699,900	4	3.1	3075	DETACHD	20
13740 KNAUS RD	$1,895,000	4	3.1	4459	DETACHD	36
2088 CREST DR	$7,250,000	4	6.1	8259	DETACHD	80

SOLD July 11-17, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
4 TOUCHSTONE #84	$209,900	$225,000	2	2	1012	CONDO	4
4 TOUCHSTONE #85	$244,900	$330,704	3	2.1	1351	CONDO	8
5225 JEAN RD #104	$375,000	$382,500	3	2	1400	CONDO	4
11 CONDOLEA DR	$650,000	$623,000	2	2.1	2159	CONDO	4
14316 HOLLY SPRINGS RD	$599,900	$636,000	3	2.1	1325	DETACHD	4
13296 VERMEER DR	$725,000	$710,000	3	2.1	1860	DETACHD	10
19057 OLSON AVE	$900,000	$874,000	4	2.1	2464	DETACHD	9
907 OAK ST	$899,000	$929,000	3	2	2409	DETACHD	6
5324 LOWER DR	$899,900	$951,000	3	2.1	2106	DETACHD	2
13324 BOONES FERRY RD	$1,195,000	$1,100,000	4	2.1	3386	DETACHD	20
18084 WESTMINSTER DR	$1,549,000	$1,275,000	5	3.1	5020	DETACHD	51
4719 LAKEVIEW BLVD	$1,499,000	$1,288,050	4	3	2934	DETACHD	127

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) .

July 10, 2022September 9, 2022

Market Activity ~ June 27-July 3, 2022

Last week Lake Oswego saw 19 properties enter the market, 14 move to Pending status and 18 Sold/Closed. Right now there are 121 homes available in Lake Oswego from $192,000 to 7.25 mil.

NEW June 27-July 3, 2022

Address	List Price	Beds	Baths	SF	Prop Type
100 KERR PKWY #30	$1,000	1	1	617	CONDO
47 EAGLE CREST DR #24	$224,900	1	1	672	CONDO
45 EAGLE CREST DR #415	$240,000	2	1.1	1056	CONDO
4000 CARMAN DR #35	$300,000	2	2	869	CONDO
16300 REESE RD	$675,000	2	2	2100	DETACHD
16300 REESE RD	$675,000	2	2	2100	DETACHD
16875 FERNWOOD DR	$780,000	4	2	2460	DETACHD
6314 SEVILLE AVE	$798,500	4	3.2	2012	DETACHD
700 LIVINGOOD LN	$799,950	4	2.1	2692	DETACHD
5840 BURMA RD	$829,000	4	2	1632	DETACHD
7 DA VINCI ST	$850,000	3	3	2631	DETACHD
17900 WESTVIEW DR	$1,100,000	3	2	1960	DETACHD
7 SCARBOROUGH DR	$1,150,000	4	2.1	3314	DETACHD
5844 RIDGETOP CT	$1,298,000	4	2.1	3590	DETACHD
13615 WESTLAKE DR	$1,790,000	4	4.1	4050	DETACHD
3351 FIR RIDGE RD	$2,449,000	4	4.1	4419	DETACHD
18011 Kelok RD	$2,950,000	3	3	1840	DETACHD
2890 GLEN EAGLES RD	$2,995,000	4	3.1	4668	DETACHD
100 KERR PKWY #30	AUCTION	1	1	617	CONDO

PENDING June 27- July 3, 2022

Address	List Price	Beds	Baths	SF	Prop Type	Days
5225 JEAN RD #104	$375,000	3	2	1400	CONDO	4
4405 THUNDER VISTA LN	$445,500	2	2.1	1922	CONDO	70
885 MCVEY AVE	$550,000	3	1	1341	DETACHD	19
11 CONDOLEA DR	$650,000	2	2.1	2159	CONDO	4
17188 REBECCA LN	$690,000	3	2.1	1930	DETACHD	4
100 LEONARD ST #3-4	$699,000	3	2	1736	CONDO	9
342 LIVINGOOD LN	$738,000	4	2.1	2384	DETACHD	5
1435 ASH ST	$799,900	5	3	2532	DETACHD	18
1841 CLOVERLEAF RD	$825,000	5	3	2190	DETACHD	5
21 TOUCHSTONE	$849,900	4	2.1	1918	DETACHD	45
139 DEL PRADO ST	$1,150,000	3	2	2955	DETACHD	4
7 SCARBOROUGH DR	$1,150,000	4	2.1	3314	DETACHD	1
1736 PALISADES TERRACE DR	$1,150,000	4	3.1	3079	DETACHD	18
13720 GOODALL RD	$4,695,000	5	5.1	5969	DETACHD	89

SOLD June 27-July 3, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
44 EAGLE CREST DR #12	$199,900	$215,000	1	1	798	CONDO	4
4000 CARMAN DR #3	$279,000	$279,000	1	1	836	CONDO	3
196 CERVANTES	$369,000	$346,000	2	1.1	1241	CONDO	24
5062 FOOTHILLS DR, F	$445,000	$433,000	2	2	1252	CONDO	17
18892 ARROWWOOD AVE	$850,000	$905,000	4	2	2229	DETACHD	4
5550 BAY CREEK DR	$915,000	$925,000	4	2.1	2449	DETACHD	6
1537 ASH ST	$850,000	$953,000	4	3.1	2433	DETACHD	2
15213 CANDLEWOOD CT	$950,000	$975,000	4	2.1	2757	DETACHD	25
4 SCARBOROUGH DR	$998,000	$1,000,000	4	2.1	3233	DETACHD	3
15569 VILLAGE PARK CT	$1,150,000	$1,125,000	4	2.1	2755	DETACHD	10
4133 MELISSA DR	$995,000	$1,210,000	4	2.1	2872	DETACHD	1
3902 TAMARACK LN	$1,050,000	$1,265,000	4	2.1	2553	DETACHD	4
13399 STREAMSIDE CT	$1,249,000	$1,350,000	4	2.1	3218	DETACHD	3
19460 SW EASTSIDE RD	$1,299,000	$1,376,000	5	3.2	4521	DETACHD	20
5006 UPPER DR	$1,499,900	$1,395,000	4	3.1	3284	DETACHD	19
2365 PALISADES CREST DR	$1,300,000	$1,450,000	4	3	3746	DETACHD	4
520 C AVE	$1,478,000	$1,550,000	3	3.1	3242	ATTACHD	9
14390 UPLANDS DR	$5,795,000	$5,700,000	4	4.1	7839	DETACHD	21

July 2, 2022

Market Activity Report June 20-26, 2022

The rise in interest rates appears to be having an impact on sales, although the numbers do remain strong. I’d say that if anything, at least at this point, the market feels fairly balanced between buyers and sellers.

Last week in Lake Oswego there were 24 properties that came onto the market, 3 of which went into pending status the same week, 14 pending sales, and 17 sold/closed homes.

See below for RMLS data.

New on the Market June 20-26, 2022

Address	Type	Price	BR	Bath	Sq Feet
4300 Botticelli St	Attached	$399,900	2	2.5	1721
12826 Boones Ferry Rd	Attached	$484,500	2	2.5	1182
4268 Woodside Circle	Attached	$589,900	4	2	1944
18667 Benfield Ave	Detached	$679,000	4	2	1414
14332 Sherbrook Pl	Detached	$689,900	3	2.5	1770
17188 Rebecca Ln	Detached	$690,000	3	2.5	1930
100 Leonard St 3-4	Condo	$699,000	3	2	1736
3 Becket St	Detached	$775,000	4	2.5	4285
17608 Sydni Ct	Attached	$799,900	4	2.5	2466
1841 Cloverleaf Rd	Detached	$825,000	5	3	2190
5115 Firwood Rd	Detached	$849,000	3	2.5	1660
42 Aquinas St	Detached	$899,900	4	2.5	2486
4996 Cascara Ln	Detached	$1,245,000	3	2.5	3106
5524 Koderra Ave	Detached	$1,370,000	3	2.5	2957
15003 Twin Fir Rd	Detached	$1,699,900	4	3.5	3075
776 Carrera Ln	Detached	$1,750,000	4	3	3449
4983 Park Bluff Pl	Detached	$2,349,500	4	4.5	3647
707 Lake Shore Rd	Detached	$3,150,000	3	3.5	2992
17952 Cardinal Dr	Detached	$3,599,000	4	3.5+.5	4588
120 Cabana Pointe	Detached	$4,098,000	4	4	3693
2101 Goodall Ct	Detached	$2,895,000	4	3.5	4290

Pending Sales June 20-26, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
44 Eagle Crest Dr #16	Condo	$289,000	3	2	1085	3
12868 Boones Ferry Rd	Condo	$495,000	2	2.5	1136	18
5342 Red Leaf St	Detached	$599,000	3	2.5	1710	9
14251 Camden Ln	Detached	$719,000	3	2.5	2179	2
1561 Woodland Terr	Detached	$825,000	3	2.5	2184	16
6236 SW Wayzata Ct	Detached	$975,000	4	2.5	2752	2
5322 Carman Grove Ln	Detached	$1,200,000	3	2.5	2647	22
568 Weidman Ct	Detached	$1,275,000	4	3.5	3702	3
4719 Lakeview Blvd	Detached	$1,299,000	4	3	2934	80
2365 Palisades Crest Dr	Detached	$1,300,000	4	3	3746	4
1025 Schukart Ln	Detached	$1,795,000	4	3	4233	44
3001 Westview Ct	Detached	$1,799,900	4	3.5	4317	26
697 Lake Bay Ct	Detached	$2,295,000	4	4.5	3715	37
17210 Cedar Rd	Detached	$2,785,000	5	5	3548	7

Sold/Closed June 20-26, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
45 Eagle Crest Dr #513	Condo	$253,500	$205,000	1056	110
16661 Lake Forest Blvd	Detached	$585,000	$570,000	936	20
5650 Childs Rd	Detached	$599,900	$600,000	1980	8
4753 Dawn St	Detached	$700,000	$700,000	1550	4
4201 Cobb Way	Detached	$950,000	$861,130	2,242	10
668 McVey Ave #12	Condo	$875,000	$875,000	992	0
4527 Trillium Woods	Attached	$887,770	$940,000	2273	3
12431 SW Orchard Hill Rd	Detached	$960,000	$945,000	2724	9
22 Juarez St	Detached	$950,000	$975,000	3096	5
17 Musaryk St	Detached	$985,000	$995,000	4726	1
5336 Lower Dr	Detached	$1,095,000	$1,025,000	2549	18
4581 Heritage Ln	Detached	$1,088,000	$1,030,000	2118	24
4222 Cobb Way	Detached	$1,295,000	$1,125,000	2243	20
4146 Chad Dr	Detached	$1,395,000	$1,280,000	3707	14
937 9th St	Detached	$2,350,000	$2,178,000	3862	448
975 Lake Front Rd	Detached	$3,298,000	$3,320,000	3232	0
263 Northshore Rd	Detached	$4,700,000	$4,700,000	3525	0

June 26, 2022September 11, 2022

Portland Real Estate Stats + LO ~ May 2022

Overview/Fluctuations ~ Market Data:

Listings, Accepted Offers and Sales are up overall from the prior month and a bit down from last May. Most neighborhoods in the Portland area saw their Average Price rising over the previous month, and Inventory is finally back up to where it was last August, which is still historically low.

Of course the big story at this moment is rates:

Rates: “The market has experienced a dramatic move higher as the Federal Reserve fights inflation. Currently 30-year fixed rates are right at 6.0%” Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report for the Portland Metro Area-May 2022:

There were 3,853 New Listings in May 2022 decreased 3.0% from May of 2021’s 3,971, and increased 4.6% from the previous month/April’s 3,684.
At 2,916 May 2022’s Closed Sales are down 8.4% from May 2021’s 3,183, and up 4.8% from the previous month/April’s 2022’s total of 2,782
At 3,122 May 2022’s Pending Sales are down 16.0% from May 2021’s 3,717, and increased 3.9% over the previous month/April 2022’s total of 3,005.
The Average Sale Price in May 2022 of $649,600 is up $67,400 from last year/May 2021’s $582,200, and up $16,700 from the previous month/April’s $632,900.
The “Median” Sale Price (the price smack dab in the middle of all sales) in May2022 of $575,000 rose from last year/May 2021’s $515,000 by $60,000, and $15,000 from the previous month/April’s $560,000.

LAKE OSWEGO:

137 Active Listings (Apr 103)
193 New Listings (Apr 169)
153 Pending Sales (Apr 144)
146 Closed Sales (Apr 133)
Average Sale Price for May: $1,028,600 (Apr $998,600)
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.
19 Days on the Market (Apr 26)

June 22, 2022September 9, 2022

Market Activity ~ June 13-19, 2022

Last week Lake Oswego saw 15 properties enter the market, 25 move to Pending status, and 16 Sold/Closed. Right now there are 94 properties available ranging from $275,000 to $7.25 mil.

NEW June 13-19, 2022

Address	List Price	Beds	Baths	SF	Prop Type
13504 STREAMSIDE DR	$599,000	3	2.1	1710	DETACHD
17210 CEDAR RD	$685,000	3	2	1549	DETACHD
732 2ND ST	$819,000	5	3	2763	DETACHD
4973 PARKHILL ST	$899,900	3	2.1	2106	DETACHD
2964 OVERLOOK DR	$925,000	4	3	2230	DETACHD
568 WEIDMAN CT	$999,990	5	3	2946	DETACHD
6 ADAMS CT	$1,200,000	5	2.1	3731	DETACHD
13556 TWIN CREEK LN	$1,275,000	4	3.1	3702	DETACHD
11 DA VINCI ST	$1,300,000	4	3	3746	DETACHD
5236 LOWER DR	$1,369,000	4	2.1	3467	DETACHD
13 BUCKINGHAM TER	$1,390,000	4	2.1	4473	DETACHD
5324 LOWER DR	$1,499,900	5	3.1	3770	DETACHD
1695 HALLINAN ST	$1,597,000	4	2.1	3306	DETACHD
2365 PALISADES CREST DR	$2,399,000	4	3.1	3547	DETACHD
5342 RED LEAF ST	$2,785,000	5	5	3548	DETACHD

PENDING June 13-19, 2022

Address	List Price	Beds	Baths	SF	Prop Type	Days
4 TOUCHSTONE #84	$209,900	2	2	1012	CONDO	4
668 MCVEY AVE #77	$275,000	0	1	485	CONDO	4
4000 CARMAN DR #40	$300,000	2	2	906	CONDO	10
4 TOUCHSTONE #85	$330,703	3	2.1	1351	CONDO	8
12868 BOONES FERRY RD	$495,000	2	2.1	1136	CONDO	6
4510 LOWER DR	$575,000	3	2.1	1729	CONDO	8
14316 HOLLY SPRINGS RD	$599,900	3	2.1	1325	DETACHD	4
17635 DEEMAR WAY	$685,000	4	2	1488	DETACHD	14
980 LUND ST	$715,000	3	2	1833	DETACHD	14
2736 SW ORCHARD HILL PL	$749,000	3	2.1	2556	DETACHD	31
4527 TRILLIUM WOODS	$887,770	3	2.1	2273	ATTACHD	3
5324 LOWER DR	$899,900	3	2.1	2106	DETACHD	2
15213 CANDLEWOOD CT	$950,000	4	2.1	2757	DETACHD	25
2291 WEMBLEY PARK RD	$999,500	3	2.1	2150	DETACHD	11
13 BUCKINGHAM TER	$999,990	5	3	2946	DETACHD	4
4015 Canal Woods CT	$1,295,900	4	3.1	3721	DETACHD	5
13556 TWIN CREEK LN	$1,390,000	4	2.1	4473	DETACHD	3
100 LEONARD ST #4-2	$1,395,000	3	2.1	3137	CONDO	18
2671 GLEN EAGLES RD	$1,895,000	3	3	4014	DETACHD	42
688 6TH ST	$1,940,000	4	2.1	2939	DETACHD	4
3578 CARMAN DR	$2,200,000	5	3.1	4000	DETACHD	118
720 6TH ST	$2,300,000	4	3.1	4601	DETACHD	10
14655 UPLANDS DR	$3,300,000	5	5.2	4775	DETACHD	211
3015 WEMBLEY PARK RD	$3,385,000	5	4.1	5211	DETACHD	50
1475 CHANDLER RD	$3,495,000	4	4.1	4863	DETACHD	3

SOLD June 13-19, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
47 EAGLE CREST DR #48-C	$260,000	$260,000	1	1	696	CONDO	6
200 BURNHAM RD #406	$340,000	$340,000	2	1	1199	CONDO	19
12038 SW ORCHARD HILL WAY	$745,000	$725,000	3	2	2174	DETACHD	12
4774 OAKRIDGE RD	$749,900	$750,000	3	1	2104	DETACHD	5
19125 LONGFELLOW AVE	$715,000	$762,000	4	2	2227	DETACHD	6
32 Greenridge CT #32	$774,900	$765,000	3	2.1	2219	ATTACHD	4
1960 MAPLELEAF RD	$724,900	$800,000	3	2	1452	DETACHD	2
1225 CORNELL ST	$699,000	$850,000	3	2	1395	DETACHD	1
1249 LARCH ST	$899,000	$896,700	4	4	3654	DETACHD	15
4198 GLACIER LILY ST	$1,100,000	$1,075,000	4	3	2806	DETACHD	5
5674 Charles CIR	$1,050,000	$1,162,000	4	2.1	2632	DETACHD	5
14061 TAYLORS CREST LN	$1,199,000	$1,199,000	4	2.1	2942	DETACHD	6
362 9TH ST	$1,450,000	$1,260,000	3	2.1	2018	DETACHD	64
15804 ALLISON PL	$1,538,000	$1,305,000	4	2.1	3662	DETACHD	32
2886 UPPER DR	$1,290,000	$1,520,000	4	3	2674	DETACHD	2
1041 C AVE	$2,095,000	$2,325,450	5	4.1	3291	DETACHD	2

June 17, 2022

Market Activity June 6-12, 2022

Last week in Lake Oswego the market remained strong. There were 24 new listings, 8 of which moved quickly to pending status, 27 properties that went under contract and became pending, and 17 sold/closed properties.

We had a big interest rate hike yesterday. This is bound to have an impact. I will be eager to see the market activity reports for the next few weeks as it will let us see the changes that the increased rates are creating.

See below for RMLS details.

New on the Market June 6-12, 2022

Address	Type	Price	BR	Bath	Sq Feet
4 Touchstone #85	Condo	$244,900	3	2.5	1351
29 Oswego Summit	Condo	$260,000	1	1	669
86 Kingsgate Rd H104	Condo	$355,000	2	2	840
12822 Boones Ferry Rd	Condo	$479,900	2	2.5	1136
885 McVey Ave	Detached	$569,000	3	1	1341
4510 Lower Dr	Condo	$575,000	3	2.5	1729
6240 Burma Rd	Detached	$699,900	3	2	1724
939 Devon Ln	Detached	$775,000	3	2	2249
1435 Ash St	Detached	$799,900	5	3	2532
1561 Woodland Terr	Detached	$825,000	3	2.5	2184
19 Touchstone	Detached	$935,000	4	3	2789
2777 Glen Haven Rd	Detached	$1,200,000	4	2.5	2560
13248 Rogers Rd	Plncomm	$1,399,000	5	3.5	3003
688 6th St	Detached	$1,940,000	4	2.5	2939
720 6th St	Detached	$2,300,000	4	3.5	4601
1475 Chandler Rd	Detached	$3,495,000	4	4.5	4863

Pending June 6-12, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
100 Kerr Pkwy $54	Condo	$192,000	1	1	617	30
45 Eagle Crest Dr #504	Condo	$240,000	1	1	768	19
45 Eagle Crest Dr #407	Condo	$259,000	2	1.5	1056	67
4000 Carman Dr #40	Condo	$300,000	2	2	906	3
196 Cervantes	Condo	$369,000	2	1.5	1241	24
5062 Foothills Dr F	Condo	$445,000	2	2	1252	17
6331 Shakespeare St	Detached	$519,900	3	1.5	992	51
13296 Vermeer Dr	Detached	$725,000	3	2.5	1860	10
639 1st St	Attached	$749,900	2	2.5	1391	9
5499 Royal Oaks Dr	Detached	$786,000	3	2	1817	3
1537 Ash St	Detached	$850,000	4	3.5	2433	2
17 Masaryk St	Detached	$985,000	4	3	4726	1
19057 Olson Ave	Detached	$899,000	4	2.5	2464	9
13160 Princeton Ct	Detached	$899,000	4	2.5	3252	42
907 Oak St	Detached	$899,000	3	2	2409	6
29 Del Prado St	Detached	$1,050,000	4	2	3037	12
4581 Heritage Ln	Detached	$1,088,000	3	2.5	2118	24
16018 Waluga Dr	Detached	$1,150,000	4	2	2200	19
13324 Boones Ferry Rd	Detached	$1,195,000	4	2.5	3386	20
17953 Saint Clair Dr	Detached	$1,299,900	7	3.5	5438	21
873 Country Commons	Detached	$1,395,000	4	3	3609	26
18084 Westminster Dr	Detached	$1,399,000	5	3.5	5020	51
17637 Woodhurst Pl	Detached	$1,429,990	6	4.5+.5	4833	1
725 Oak Meadow Ct	Detached	$1,625,000	4	2.5+.5	3753	8
1281 Tyndall Ct	Detached	$1,679,000	4	3.5	4049	3
13740 Knaus Rd	Detached	$1,895,000	4	3.5	4459	2
5455 Childs Rd	Detached	$2,395,000	4	3.5	3870	2

Sold/Closed June 6-12, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
45 Eagle Crest Dr #405	Condo	$195,000	$170,000	1056	47
47 Eagle Crest Dr #37	Condo	$229,000	$225,000	672	0
45 Eagle crest Dr #510	Condo	$255,000	$247,500	830	2
32 Condolea Dr	Condo	$525,000	$483,100	1420	28
2 Montain Cricle	Attached	$499,000	$500,000	1,372	4
43 Ladd St	Detached	$699,500	$719,500	2632	7
17311 Mandi Ln	Detached	$695,000	$720,000	1779	6
16393 Kimball St	Detached	$705,000	$746,000	1522	4
5875 Bonita Rd	Detached	$955,000	$839,000	2650	24
3205 Edgemont Rd	Detached	$774,900	$950,000	2028	4
343 3rd St	Attached	$935,000	$1,010,000	2101	3
4331 Sundew Ct	Detached	$1,099,000	$1,150,000	2790	4
2855 Upper Dr	Detached	$1,195,000	$1,195,000	1932	11
4089 Orchard Way	Detached	$995,000	$1,215,000	2743	3
5563 Bay Creek Dr	Detached	$995,000	$1,260,000	2913	3
224 Iron Mountain Blvd	Detached	$1,795,000	$1,850,000	2964	4
820 Fairway Rd	Detached	$1,930,000	$2,106,000	3758	2