Market Activity ~ Nov 15-21, 2021

Last week we saw 7 properties enter the market, 22 move to Pending status and 20 Closed/Sold. Right now there are 60 beautiful homes available in Lake Oswego.

Here is the breakdown:

NEW Nov 15-21, 2021

AddressList Price# Beds# BathsTotal SFProp Type
871 COUNTRY CLUB RD$215,00011600CONDO
2991 DELLWOOD DR$499,00032.11844CONDO
45 EAGLE CREST DR #316$580,000421546DETACHD
21 D AVE  #4$625,00031.11449DETACHD
2305 GLEN HAVEN RD$1,425,00042.24308DETACHD
4325 SILVER CT / Upper$2,067,00022.12431CONDO
6050 FERNBROOK ST$2,275,000543632DETACHD

PENDING Nov 15-21, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
7155 CHILDS RD / Grnd$278,00021916CONDO4
1400 BONNIEBRAE DR / Main$425,00021890CONDO7
71 KINGSGATE RD$595,00032.11727DETACHD2
5020 JEAN RD$599,000321837DETACHD3
16989 TUALATIN ST$650,00032.11491DETACHD50
1695 MEADOWS DR$698,000432219DETACHD6
74 CONDOLEA WAY$699,000332965CONDO51
1335 LAUREL ST$699,000311898DETACHD62
326 LAKE BAY CT$820,000321427DETACHD3
129 DEL PRADO ST$829,00042.12622DETACHD2
16510 MAPLE CIR$899,00042.12295DETACHD101
223 Cornell CT$965,00053.13756DETACHD10
3777 RIVERS EDGE DR$1,095,00042.12875DETACHD6
16164 PARKER RD  #2$1,098,00032.12091DETACHD57
18168 WESTMINSTER DR$1,099,00053.14220DETACHD5
828 7TH ST$1,250,000342418DETACHD4
16164 PARKER RD  #1$1,395,000543257DETACHD79
17912 KELOK RD$1,650,000533218DETACHD19
17908 BLUE HERON DR$1,799,000344172DETACHD4
2245 GLEN HAVEN RD$1,950,000443830DETACHD9
6720 CHILDS RD$2,395,00044.16898DETACHD64
637 ENGLEWOOD DR$2,825,00073.14231DETACHD19

SOLD Nov 15-21, 2021

AddressOpeningClosedBedsBathsSFProp TypeDays
316 CERVANTES CIR  #316 $      220,000 $     225,00021832CONDO13
29 CRESTFIELD CT/ Grnd $      249,900 $     232,00022989CONDO357
350 CERVANTES CIRb#1E $      259,900 $     249,50021.1912CONDO10
28 AQUINAS ST $      529,000 $     539,000321960DETACHD6
18840 SW 65TH AVE $      549,000 $     549,00032.11634DETACHD34
5944 BURMA RD $      629,000 $     675,000321409DETACHD4
4191 SOUTHSHORE BLVD $      699,000 $     705,000421361DETACHD5
4322 COLLINS WAY $      765,500 $     727,000532112DETACHD36
17226 MARJORIE AVE $      684,900 $     750,000321782DETACHD3
603 ATWATER RD $      924,900 $     850,00053.13430DETACHD73
4705 LAKEVIEW BLVD $      875,000 $     874,00032.12700DETACHD41
17555 ERIN CT $      969,000 $     910,000433156DETACHD17
3211 WESTVIEW CT $  1,150,000 $ 1,150,00043.13325DETACHD20
14322 EDENBERRY DR $  1,295,000 $ 1,230,00042.13262DETACHD31
7 GARIBALDI ST $  1,450,000 $ 1,450,00043.16303DETACHD85
860 SKYLAND DR $  1,299,000 $ 1,460,000433527DETACHD4
9 HIDALGO ST $  1,400,000 $ 1,500,00043.35713DETACHD4
792 2ND ST $  1,650,000 $ 1,670,000432786DETACHD8
14034 TAYLORS CREST LN $  1,685,000 $ 1,685,00053.24007DETACHD0
13710 KNAUS RD $  2,990,000 $ 2,950,00044.25780DETACHD0
Criteria: (RMLS DATA) 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 Nov 8-15, 2021

The market is moving right along. I feel like the 12 new listings, 19 pending sales, and 16 closed sales is actually pretty active for the holiday season. People buying or selling this week are hoping to be moved before Christmas. Timing is pretty motivating.

See below for RMLS data

New on the Market Nov-15, 2021

AddressTypePriceBRBathsSq Ft
58 Galen StCondo$224,90011689
7155 Childs RdCondo$278,00021916
572 S State St 8CCondo$324,90021914
1400 Bonniebrae DrCondo$425,00021890
1695 Meadows DrDetached$698,000432219
3777 Rivers Edge DrDetached$1,095,00042.52875
18168 Westminster DrDetached$1,099,00053.54220
17908 Blue Heron DrDetached$1,799,000344172
752 8th StDetached$1,877,00053.54032
2245 Glen Haven RdDetached$1,950,000443830
17367 Lake Haven DrDetached$2,849,000434225
14655 Uplands DrDetached$3,300,00054.55000

Pending Sales Nov 8-14, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #78Condo$216,99932.5135130
204 CervantesCondo$305,00031.511383
4000 Carman Dr B23Condo$307,500228663
4429 Thunder Vista LnCondo$459,90022.5200281
17347 Ashley CtAttached$650,00042.521175
5352 Kenny StDetached$665,0003215966
3225 Tempest DrDetached$799,00032.5223112
1638 Pine StDetached$800,0004331054
14145 Redwood CtDetached$825,0004325195
755 Ellis AveDetached$829,0005222485
507 Ash StDetached$849,0005446663
6073 Carman DrDetached$899,90032.5275154
890 Devon LnDetached$999,90043.528267
1844 Oak Knoll CtDetached$1,125,00032.5302825
5492 Yorkshire PlDetached$1,130,00042.524624
19317 Lorna LnDetached$1,599,00054.54634186
1155 Crestline CtDetached$2,095,00054.5743817
2101 Wembley Park RdDetached$2,750,00054.5471019
736 Southview RdDetached$4,195,00043.5+.546396

Sold/Closed Nov 8-14, 2021

AddressTypeList PriceSold PriceSq FeetDOM
210 S State St #9Condo$525,000$526,000164219
7 St Helens CircleDetached$599,000$600,000127515
4455 Chapman WayDetached$726,000$718,000226215
15450 Partridge DrDetached$800,000$795,00026244
1631 Ash StDetached$750,000$795,0002,2273
12751 Sierra Vista DrDetached$799,900$865,00020974
2915 Dellwood DrDetached$899,900$890,00036908
6413 McDuff CtDetached$1,035,000$1,055,000309137
5532 Bay Creek DrDetached$995,000$1,100,00028693
13280 Sandalwood CtDetached$1,050,000$1,101,00030805
16645 Fir LnDetached$1,100,000$1,290,00030666
17975 Ridge Lake DrDetached$1,199,000$1,350,00028352
18365 SW 65th AveDetached$1,290,000$1,375,000333122
3411 Lake Grove AveDetached$1,675,000$1,590,680443447
3330 Cedar CtDetached$1,649,000$1,625,000446712
1051 Forest Meadows WayDetached$4,149,000$3,850,000559763

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 Report Oct 25-31, 2021

Last week in Lake Oswego we had 6 new listings, 16, pending sales, and 23 sold/closed transactions. I feel that the day after Halloween is the start of the holiday season. Houses still go onto the market, and buyers continue to pursue buying homes, it’s just at a slower scale.

See below for RMLS data

Market Activity Oct 25-31, 2021

AddressTypePriceBRBathsSq Ft
3225 Tempest DrDetached$799,000322231
17912 Kelok RdDetached$1,650,000533218
3220 South Shore BlvdAttached$1,850,000443629
637 Englewood DrDetached$2,825,00073.54231
13078 Fielding RdDetached$3,498,000433936
18015 Cardinal DrDetached$3,749,00043.5+.53881

Pending sales Oct 25-31, 2021

AddressTypePriceBRBathsSq FtCDOM
14798 Davis LnAttached$590,00022.516983
7 Saint Helens CircleDetached$599,0002212753
17226 Marjorie AveDetached$684,9003217823
1648 Ash StDetached$725,00032187743
4322 Collins WayDetached$760,00053211214
12751 Sierra Vista DrDetached$799,9003220974
2227 Hillside DrDetached$849,0004330035
17555 Erin CtDetached$949,00043315617
5287 Sunset DrDetached$985,0004329094
18 TouchstoneDetached$1,050,00054.5437818
17226 Lowenberg TerraceDetached$1,775,00053.5+.535968
567 10th StDetached$1,785,00043.547065
17301 Bergis Farm DrDetached$1,999,00043.54737188
16737 Pacific HwyDetached$2,195,000444340132
2101 Wembley Park RdDetached$2,750,00054.547104
4105 Upper DrDetached$3,250,00053.549674

Sold/Closed Oct 25-31, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #137Condo$208,500$203,5009844
108 Oswego SummitCondo$199,900$218,50076445
44 Eagle Crest Dr #20Condo$230,000$220,00090856
15938 Quarry Rd 3ACondo$259,900$263,0009884
53 Galen StCondo$264,900$264,90098925
86 Kingsgate Rd A101Condo$265,000$265,0008497
5225 Jean Rd #203Condo$359,900$350,0001400117
3101 McNary Pksy #6Attached$415,000$395,000188425
14 Wheatherstone #7Condo$499,900$500,00016922
29 Greentree CtCondo$575,000$605,00016271
1704 Meadows DrDetached$750,000$775,0001,9564
4377 Chapman WayDetached$729,000$815,00029506
4830 Dawn StDetached$825,000$825,00030905
5480 Siletz CtDetached$749,000$835,00014902
102 Garibaldi StDetached$849,000$880,00037247
5923 Bay Point DrDetached$925,000$892,500318742
3001 Southshore BlvdDetached$1,298,000$1,060,000320155
14527 Pfeifer WayDetached$1,250,000$1,250,000380314
3973 Childs RdDetached$1,250,000$1,295,25038612
118 Cornell CtDetached$1,399,000$1,296,90046634
3000 Upper DrDetached$1,000,000$1,390,00028514
791 Briercliff LnDetached$1,685,000$1,575,0002232146
13598 Goodall RdDetached$1,989,000$1,700,0003573151

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 ~ Oct 18-24, 2021

True to the season, last week Lake Oswego saw just 4 properties enter the market. There were, however, 21 moving to Pending status, and 15 that Sold/Closed. At this moment there are 77 fabulous homes priced from $170,000 to $6.5 Million available in this little hamlet.

Here is your weekly detailed breakdown:

NEW Oct 18-24, 2021

AddressList Price# Beds# BathsTotal SFProp Type
100 KERR PKWY  #19$170,00011617CONDO
135 OSWEGO SMT / Upper$263,000221140CONDO
5051 FOOTHILLS DR  D$340,00022991CONDO
16940 SW TRACY AVE$675,00041.21656DETACHD

PENDING Oct 18-24, 2021

AddressList Price# Beds# BathsTotal SFProp TypeDays
358 CERVANTES CIR$234,90021.1912CONDO5
4000 CARMAN DR  C44$255,00022866CONDO46
18840 SW 65TH AVE$549,00032.11634DETACHD34
4191 SOUTHSHORE BLVD$699,000421361DETACHD5
13819 PROVINCIAL HILL DR$785,00032.12021DETACHD3
15450 PARTRIDGE DR$800,00032.12624DETACHD4
3718 RIVERS EDGE DR$960,00042.12512DETACHD0
13280 SANDALWOOD CT$1,050,000433080DETACHD5
3211 WESTVIEW CT$1,150,00043.13325DETACHD20
17975 RIDGE LAKE DR$1,199,00042.12835DETACHD2
18470 RAY RIDGE DR$1,350,00052.14329DETACHD136
9 HIDALGO ST$1,400,00043.35713DETACHD4
7 GARIBALDI ST$1,450,00043.16303DETACHD85
17625 WOODHURST PL$1,495,00054.14513DETACHD39
4305 UPPER DR$1,525,00042.13483DETACHD8
611 RIDGEWAY RD$1,995,00045.14463DETACHD145
4480 UPPER DR$2,000,00043.13497DETACHD19
1099 CHERRY CIR$2,275,00053.14039DETACHD3
19155 BRYANT RD$2,275,00033.13371DETACHD20
16767 GRAEF CIR$2,950,00044.14222DETACHD13
1101 CRESTLINE CT$3,000,00044.37226DETACHD415

SOLD Oct 18-24, 2021

AddressOpeningClosedBedsBathsSFTypeDays
47 EAGLE CREST DR  #54 $     186,000 $     182,50011672CONDO37
47 EAGLE CREST DR  #48 $     200,000 $     203,50011696CONDO16
96 CERVANTES CIR / Main $     230,000 $     205,00021.1912CONDO7
47 EAGLE CREST DR  #56 $     240,000 $     240,000311031CONDO5
68 WHEATHERSTONE CT $     549,900 $     534,00043.12465CONDO19
5715 BONITA RD $     599,000 $     599,00032.11614DETACHD0
1386 BOCA RATAN DR $     524,900 $     600,00032.11739ATTACHD4
20 AQUINAS ST $     649,900 $     649,90042.11838DETACHD15
14425 HOLLY SPRINGS RD $     770,000 $     696,500532238CONDO108
18867 Arrowwood AVE $     659,900 $     760,000321488DETACHD6
4848 LOWER DR $     822,000 $     766,000432531DETACHD27
2515 GREENTREE RD $     735,000 $     777,000422300DETACHD3
18820 GREEN BLUFF DR $  1,599,000 $ 1,400,00044.15643DETACHD6
2420 PRESTWICK RD $  2,500,000 $ 1,420,00063.13723DETACHD73
16206 REESE RD $  1,895,000 $ 1,895,00043.13631DETACHD1
Criteria: (RMLS DATA) 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 Oct 11-17, 2021

We are now at the peak of the fall colors. Man, it is gorgeous! I so love living in the Pacific Northwest.

Lake week in Lake Oswego the market brought us 9 new listings, 23 pending sales, and 17 sold/closed properties. Look at the market times for the pending sales. Of 23 pending sales, 15 sold in less than a week. We are still in a hot real estate market. Sellers are king and it remains a great time to sell your house.

See below for RMLS data

New on the Market Oct 11-17, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #78Condo$224,999321351
358 Cervantes CircleCondo$234,90021.5912
4610 Lower DrCondo$325,00021.51260
4301 Lakeview BlvdDetached$635,000321223
6317 Carman DrDetached$650,00031.51344
15450 Partridge DrDetached$800,00032.52624
13280 Sandalwood CtDetached$1,050,000433080
1844 Oak Knoll CtDetached$1,200,00032.53028
4305 Upper DrDetached$1,525,00042.53483

Pending Sales Oct 11-17, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #137Condo$208,500229844
47 Eagle Crest DR #86Condo$209,0001169616
350 Cervantes Circle 1 ECondo$259,90021.591210
86 Kingsgate Rd A 101Condo$265,000228497
3433 McNary Pkwy #804Condo$329,00022.511363
15330 Twin Fir RdDetached$477,0003211293
29 Greenridge CtCondo$575,0003216271
7 Saint Helens CircleDetached$599,0002212752
5944 Burma RdDetached$629,0003214094
5480 Siletz CtDetached$749,9003214902
15449 Partridge DrDetached$824,90042.528172
18 TouchstoneDetached$998,60054.543783
3000 Upper DrDetached$1,000,0003328514
16645 Fir LnDetached$1,100,00042.530666
1293 Timberline DrDetached$1,249,00033294625
3973 Childs RdDetached$1,250,00033.538612
14322 Edenberry DrDetached$1,295,00042.5326231
860 Skyland DrDetached$1,299,0004335274
2630 Rivendell RdDetached$1,399,00043.5461210
1839 Palisades Lake CtDetached$1,499,00043.545702
456 Lake Bay CtDetached$1,499,00043,545702
792 2nd StDetached$1,650,0004327868
1051 Forest Meadows WayDetached$4,149,00066.5559763

Sold/Closed Oct 11-17, 2021

AddressTypeList PriceSold PriceSq FtCDOM
100 Kerr Pkwy #11Condo$169,000$169,0006172
79 Oswego SummitCondo$239,000$239,0001,2122
16351 Pacific HwyDetached$485,000$524,00017422
6195 Harrington AveDetached$525,000$539,20215983
825 Oak StDetached$595,000$640,00013354
26 Preakness CtAttached$663,000$646,263165413
1682 Fircrest DrDetached$699,900$699,90023044
4954 Mulholland DrAttached$719,900$705,00024984
4085 Buck Brush LnDetached$729,000$729,00024897
20 Da Vinci StDetached$799,900$920,00030891
658 Boca Ratan DrDetached$967,000$925,0003,59312
2936 SW Orchard Hill PlDetached$998,000$979,000408961
5590 Luce LnDetached$995,000$1,0103530242
546 Weidman CtDetached$990,000$1,025,00034455
15776 Inverurie RdDetached$1,095,000$1,175,000235274
5349 Carman Grove LnDetached$1,298,000$1,250,000290322
2351 Palisades Crest DrDetached$1,500,000$1,800,00045306

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 ~ Sept 2021 Numbers

Overview/Fluctuations ~  Market Data Sept 2021:                                                                                           

Again this last month we’re seeing a cooling indicative of Fall, with Buyer Activity slowed a bit and/but conversely, Seller activity (Listings) increasing. It’ll be interesting to see October’s activity as Fall is one of the best times to buy a property in Portland, especially given the competitive landscape this year. We’ll find out if Buyers come out for the opportunity it presents. Market time remains pretty much the same at 24 days. We also see another slight increase in inventory looking pretty steady during these last few months. Appreciation remains remarkable.

Rates: “With increased inflation pressures, rates have moved higher to roughly 3.25% currently.  We are likely to continue to see rates moving higher in the coming months.”   Gary Boyer, Regional VP, Directors Mortgage                                                                                                                              

According to the RMLS Market Action Report  for the Portland Metro Area, Sept 2021:

  • There were 3,760 New Listings in Sept 2021 up 15.2% from Sept 2020’s 3,264 and also up 1.7% from the previous month/August’s 3,698.
  • At 3,167, Sept 2021’s Closed Sales are down 2.6% from Sept 2020’s 3,251, and also down 1.6% from the previous month/August’s total of 3,219
  • At 3,170, Sept 2021’s Pending Sales increased 0.6% from Sept 2020’s 3,152, and decreased 10.3% from the previous month/August’s total of 3,535.
  • The Average Sale Price in Sept 2021 of $571,500 is up $61,500 from last year/Sept 2020’s $510,000, and down $12,100. from the previous month/August’s $583,600.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Sept 2021 of $510,000 rose $59,000 from last year/Sept 2020’s $451,000, and was down $15,000 from the previous month/August’s $525,000.

LAKE OSWEGO:

154 Active Listings (Aug 161)
178 New Listings    (Aug 168)
170 Pending Sales (Aug 163)
168 Closed Sales    (Aug 171)
Average Sale Price for Sept: $975,700 (Aug $878,600)
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.
 27 Days on the Market   (Aug 23)

Market Activity ~ Oct 4-10, 2021

This last week in Lake Oswego there were 9 New homes entering the market, 24 moving to Pending status (accepted Offers), and 19 that Closed/Sold.

Right now there are 81 fantastic properties to suit all kinds of tastes, price ranges & requirements available in Lake Oswego!

Here is the latest breakdown according to RMLS:

NEW: Oct 4-10, 2021

AddressList Price# Beds# BathsTotal SFProp Type
4 TOUCHSTONE  #137$208,50022984CONDO
86 KINGSGATE RD,  A101$265,00022849CONDO
17555 ERIN CT$969,000433156DETACHD
16645 FIR LN$1,100,00042.13066DETACHD
2630 RIVENDELL RD$1,399,00043.14612DETACHD
611 RIDGEWAY RD$1,995,00045.14463DETACHD
4480 UPPER DR$2,000,00043.13497DETACHD
767 10TH ST$2,100,00044.13900DETACHD
16767 GRAEF CIR$2,950,00044.14222DETACHD

PENDING Oct 4-10, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
100 KERR PKWY  #38$185,00011628CONDO22
29 CRESTFIELD CT / Grnd$239,90022989CONDO357
15938 QUARRY RD, 3A$259,90021988CONDO4
5225 JEAN RD  #203$359,900321400CONDO117
4101 JEFFERSON PKWY / Upper$369,50022.11375CONDO11
3101 MCNARY PKWY  #6$395,00032.11884ATTACHD25
14 WHEATHERSTONE  #7$449,90032.11692CONDO2
750 1ST ST, A10$465,000221350CONDO117
5077 W SUNSET DR$500,00022.11720ATTACHD4
1386 BOCA RATAN DR$524,90032.11739ATTACHD4
12572 BOONES FERRY RD$525,000421577DETACHD138
6 ADAMS CT$539,900321571DETACHD2
2515 GREENTREE RD$735,000422300DETACHD3
1704 MEADOWS DR$750,000331956DETACHD4
1631 ASH ST$750,00042.12227DETACHD3
4705 LAKEVIEW BLVD$875,00032.12700DETACHD9
14867 TWIN FIR CT$899,00063.13625DETACHD5
603 ATWATER RD$899,90053.13430DETACHD73
2915 DELLWOOD DR$899,90042.23690DETACHD8
5598 LUCE LN$979,000433432DETACHD40
6413 MCDUFF CT$1,050,00032.13091DETACHD37
18365 SW 65TH AVE$1,290,000543331DETACHD22
1776 OAK ST$1,290,00043.14012DETACHD89
3411 LAKE GROVE AVE$1,599,00043.14434DETACHD47

SOLD Oct 4-10, 2021

AddressOpeningClosedBedsBathsSFProp TypeDays
100 KERR PKWY  #31 $      185,000 $     185,00011617CONDO5
200 BURNHAM RD  #402 $      355,000 $     360,000221305CONDO10
5101 JEAN RD $      475,000 $     459,938311012DETACHD5
16417 LAKE FOREST BLVD $      540,000 $     540,000211066DETACHD12
17830 SW TUALATA AVE $      595,000 $     587,000321373DETACHD30
17902 TAMARA AVE $      569,900 $     605,000422082DETACHD59
8 BOLIVAR ST $      640,000 $     640,000222149DETACHD3
16624 ROOSEVELT AVE $      699,900 $     661,000322802DETACHD15
14 PREAKNESS CT $      669,000 $     680,00022.12190ATTACHD6
5911 SW CARMAN DR $      695,800 $     700,000321400DETACHD10
1880 FERNWOOD DR $      875,000 $     875,00053.13049DETACHD65
16033 REESE RD $      849,900 $     951,00042.12810DETACHD5
920 YORK RD $      985,000 $ 1,043,925432026DETACHD2
1161 SUNNINGDALE RD $      950,000 $ 1,060,00032.12378DETACHD3
1687 VILLAGE PARK LN $  1,500,000 $ 1,350,000433362DETACHD74
127 FURNACE ST / Upper $  1,375,000 $ 1,375,00022.12016CONDO0
14500 UPLANDS DR $  2,495,000 $ 2,225,00054.25544DETACHD74
1075 CHANDLER RD $  2,799,000 $ 2,700,00054.15710DETACHD113
259 PINE VALLEY RD $  4,000,000 $ 4,000,00044.14640DETACHD0

Criteria: (RMLS DATA) 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 Sept 20-Oct 3, 2021

This weeks Market Activity Report is a combinaion of the week of September 20-26 and the week of September 27-October 3. Lots of houses in this report! We had 18 new listings, 41 properties that went into pending status, and 50 sold/closed transactions.

See below of RMLS data.l

New on the Market Sept 20-Oct 3, 2021

AddressTypePriceBRBathsSq Ft
350 Cervantes Circle 1ECondo$259,90025912
86 Kingsgate Rd E103Condo$355,00022924
16989 Tualatin StDetached$690,00032.51491
115 Touchstone TerrAttached$709,00043.52560
74 Condolea WayCondo$725,000332965
4322 Collins WayDetached$779,900532112
4939 Hampton CtDetached$895,00052.52971
2915 Dellwood DrDetached$899,90042.5+.53690
16164 Parker Rd #2Detached$1,098,00032.52091
3211 Westview CtDetached$1,150,00043.53325
1293 Timberline DrDetached$1,249,000332946
2600 Dellwood DrDetached$1,600,000433690
1155 Crestline CtDetached$2,195,00054.57438
19155 Bryant RdDetached$2,275,00033.53371
2493 Southshore BlvdDetached$3,699,00065.56524
13800 Goodall Rd Lot 1Detached$3,800,00053.5
13800 Goodall Rd Lot 2Detached$4,000,00053.5
13800 Goodall Rd Lot 3Detached$3,800,000-$4750,00053.5

Pending sales Sept 20-Oct 3, 2021

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy #11Condo$169,000116172
100 Kerr Pkwy #2Condo$199,0002282213
108 Oswego SummitCondo$199,9001176445
47 Eagle Crest Dr #48Condo$200,000116964
316 Cervantes Circle #316Condo$220,0002183213
47 Eagle Crest Dr #56Condo$240,0003110315
44 Eagle Crest Dr #9Condo$255,0002190835
218 Ridgeway RdCondo$350,000219144
239 CervantesCondo$375,00022110048
16417 Lake Forest BlvdDetached$540,0002190835
18840 65th AveDetached$549,00032.516345
68 Weatherstone CtCondo$549,90043.5246519
1706 Boca Ratan DrAttached$568,95032.517392
20 Aquinas StDetached$649,90042.5183815
18867 Arrowwood AveDetached$659,9003214886
26 Preakness CtAttached$663,00021.5165413
4970 Mulholland DrAttached$699,00032.524983
16624 Roosevelt AveDetached$699,90032280215
14425 Holly Springs RdCondo$718,000532238108
4450 Chapman WayDetached$726,00043226215
4377 Chapman WayDetached$729,00043.529506
4848 Lower DrDetached$775,00043253127
4830 Dawn StDetached$825,0005330905
102 Garibaldi StDetached$849,00043.537247
5923 Bay Point DrDetached$899,90053318742
654 1st StCondo$979,90022.521404
546 Weidman CtDetached$990,0005334455
5532 Bay Creek DrDetached$995,00042.528693
3001 Southshore BlvdDetached$1,098,00032.5320155
14527 Pfeifer WayDetached$1,250,00043.5380314
14335 Edenberry DrDetached$1,375,00042.535947
118 Cornell CtDetached$1,399,90054.546634
3334 Upper DrDetached$1,499,00043.535888
1839 Pallisades Lake CtDetached$1,499,00043.5457023
2351 Palisades Crest DrDetached$1,500,00053.545306
18820 Green Bluff DrDetached$1,599,00044.556436
791 Briercliff LnDetached$1,599,00032.522325
3330 Cedar CtDetached$1,649,00043.5446712
13598 Goodall RdDetached$1,779,00044.5+.5357364
19379 Riverwood LnDetached$1,799,000544584125
420 Ridgeway RdDetached$4,250,000443505109

Sold/Closed Sept 20-Oct 3, 2021

AddressTypeList PriceSold PriceSq FtCDOM
100 Kerr Pkwy #43 Condo$214,900$222,50082341
4 Touchstone #157Condo$224,900$235,00098417
4 Touchstone #103Condo$230,000$235,00013511
3433 McNary Pkwy #211Condo$255,000$271,48010082
36 Crestfield CtCondo$295,000$272,35192148
4000 Carman Dr E70 Condo$299,900$301,0009743
422 S State StCondo$324,997$310,000165947
3886 Botticelli StCondo$315,000$315,000113220
4652 Lower DrCondo$350,000$370,00011704
162 Oswego SummitCondo$419,950$386,000150648
4 Condolea DrCondo$439,000$445,0001,3125
4528 Lower DrCondo$525,000$525,0001786$9
16691 Bonaire AveDetached$499,000$590,00011103
18431 Indian Creek DrDetached$660,000$615,000173617
12363 Clara LnDetached$699,999$650,00013903
5795 Langford LnDetached$659,000$659,00016870
211 Greenwood RdDetached$660,000$675,00014665
1959 Wembley PlDetached$719,900$685,0002128103
2697 Lookout CtDetached$720,000$700,000221929
680 TippecanoeDetached$719,900$720,00019005
3065 Royce WayDetached$825,000$726,000272646
1405 Greentree CircleDetached$775,000$775,000214623
15580 Partridge DrDetached$780,000$780,000224535
18571 Waxwing WayDetached$779,000$785,000208155
15509 Partridge DrDetached$789,900$810,00022993
759 Timberline DrDetached$825,000$812,50019285
559 2nd St 3206Condo$820,000$825,00014124
15964 White Oaks DrDetached$949,900$895,000301516
15 El Greco StDetached$949,000$949,000332824
19431 Kokanee CtDetached$849,900$950,00022144
17994 Saint Clair DrDetached$900,000$975,10039163
5316 Childs RdDetached$1,077,700$1,000,0003847318
24 Westridge DrDetached$949,900$1,007,00031004
18430 Pilkington RdDetached$1,175,000$1,085,000302177
4261 Cobb WayDetached$1,089,000$1,100,00023621
4317 Upper DrDetached$1,195,000$1,150,0003145109
1547 Pine StDetached$1,125,000$1,161,61528780
13536 Streamside DrDetached$1,150,000$1,203,00030337
14360 Uplands DrDetached$1,230,000$1,250,000257716
14495 Pfeifer DrDetached$1,399,000$1,265,900394421
17467 Westview DrDetached$1,275,000$1,312,00041194
4531 West RdDetached$1,595,000$1,400,000392654
950 Schukart LnDetached$1,468,000$1,600,00034344
467 9th StDetached$1,510,000$1,650,00029793
16650 Fir LnDetached$1,898,000$1,898,00038608
1677 Leslie LnDetached$2,550,000$2,300,0007534147
929 Cumberland RdDetached$2,495,000$2,600,00051293
1199 Fairway RdDetached$3,498,000$2,783,000552733
2470 Summit CtDetached$5,498,000$4,665,000718085
1889 Highlands LoopDetached$5,499,000$4,995,000683220

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 Report Sept 13-19, 2021

Last week in Lake Oswego the market was quite evenly balanced between buyers and sellers. There were 22 new listings, 19 properties that moved to pending status, and 22 sold/closed homes. That’s a spread of just 3 between all catagories. Very balanced.

See below for RMLS details.

New on the Market Sept 13-16, 2021

AddressTypePriceBRBathsSq Ft
100 Kerr Pkwy #11Condo$169,00011617
100 Kerr Pkwy #38Condo$185,00011628
47 Eagle Crest Dr #56Condo$240,000311031
3101 McNary Pkwy #6Attached$415,00032.51884
18840 SW 65th AveDetached$549,00032.51634
20 Aquinas StDetached$649,90042.51838
4450 Chapman WayDetached$726,000432262
1648 Ash StDetached$750,000321877
559 Garibaldi StDetached$849,00043.53724
559 2nd St #206Condo$820,000221412
1335 Laurel StDetached$850,000211898
6073 Carman DrDetached$965,00032.52751
546 Weidman CtDetached$990,000533445
14527 Pfeifer WayDetached$1,250,00043.53803
18365 SW 65th WayDetached$1,290,000543331
14322 Edenberry DrDetached$1,295,00042.53262
118 cornell CtDetached$1,399,90054.54663
17265 Woodhurst PlDetached$1,495,00054.54513
18820 Green Bluff DrDetached$1,495,00044.55643
720 6th StDetached$2,250,00043.54601
6720 Childs RdDetached$2,395,00044.56898
4247 Lords LnDetached$2,650,00043.53785

Pending sales Sept 13-16, 2021

AddressTypePriceBRBathsSq FtCDOM
44 Eagle Crest Dr #20Condo$219,0002190856
4 Touchstone #157Condo$224,9002298417
4 Touchstone #103Condo$230,00032.513511
53 Galen StCondo$264,9002298925
5225 Jean Rd #203Condo$359,90032140098
4429 Thunder Vista LnCondo$479,90022.5200229
16351 Pacific HwyDetached$485,0003317422
6195 Harrington AveDetached$525,0004215983
5711 McEwan RdDetached$565,00032146724
1022 Yates StDetached$565,00031.511183
1682 Fircrest DrDetached$699,90042.523044
4954 Buck Brush LnDetached$729,0003224897
4954 Mulholland DrAttached$719,90032.524984
16033 Reese RdDetached$849,90042.528105
1161 Sunningdale RdDetached$950,00032.523783
658 Boca Ratan DrDetached$967,00043.5359312
1839 Palisades Lake CtDetached$1,499,00043.545709
16206 Reese RdDetached$1,895,00043.545709
1075 Chandler RdDetached$2,699,00054.55710113

Sold closed Sept 13-16, 2021

AddressTypeList PriceSold PriceSq FtCDOM
47 Eagle Crest Dr #41Condo$230,000$230,00093214
12 Oswego SummitCondo$300,000$285,0001,14041
12848 Boones Ferry RdCondo$425,000$435,00011820
1589 Boca Ratan DrAttached$470,000$458,618161119
41 Oriole LnDetached$500,000$500,000156410
1700 Bonniebrae DrAttached$469,698$513,00017396
16 Walking Woods DrDetached$649,000$610,000289711
16885 Fernwood DrDetached$639,500$623,513162453
17621 Arbor LnDetached$685,000$700,00021204
19 Da Vinci StDetached$650,000$700,00018746
16904 Cherry Crest AveDetached$759,000$759,0002,1672
4545 Black Forest CtDetached$799,000$825,00021682
656  3rd StDetached$675,000$850,00012005
41 TouchstoneDetached$920,000$940,000309021
13366 Boones Ferry RdDetached$1,095,000$1,075,00035895
511 Weidman CtDetached$995,000$1,100,00036525
14002 Chelsea DrDetached$1,195,000$1,175,000345732
14071 Sundeleaf DrDetached$999,000$1,200,00026243
13864 Amberwood CirDetached$1,295,000$1,375,00031150
572 4th StAttached$1,595,000$1,525,000336410
615 4th StDetached$1,750,000$1,750,00036910
940 Upper Devon LnDetached$1,945,000$1,875,000484859

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 ~ August Numbers 2021

Here is the latest look at the overall Portland area and how Lake Oswego fits into that picture. Don’t miss the Portland Neighborhood Report (below) with values, time on market and appreciation rates broken out for our Property Blotter readers.

Overview/Fluctuations ~  Market Data Aug 2021:                                                                                            August is never a robust month in Portland, but things are moving right along. With the exception of some slight shuffling, we saw a pretty “no-drama” month in terms of pricing stability and sales compared to July. Market time remains only slightly different than July, at 23 days compared to July’s 20 days overall. New Listings dropped off for a bit as we’d expect, and Inventory rose slightly to a whopping 1-month’s supply (just a tad under last August).

Rates are hanging right at 3.0% as of today, but there is pressure on rates to move higher.

According to the RMLS Market Action Report  for the Portland Metro Area, Aug 2021:

  • There were 3,698 New Listings in Aug 2021 dropping 4.8% from Aug 2020’s 3,885 and 13.3% from the previous month/July’s 4,267.
  • At 3,219, Aug 2021’s Closed Sales are up 2.2% from Aug 2020’s 3,149, and fell 6.4% from the previous month/July’s total of 3,439.
  • At 3,535, Aug 2021’s Pending Sales decreased 4.4% from Aug 2020’s 3,697, and are also up 5.4% from the previous month/July’s total of 3,354.
  • The Average Sale Price in Aug 2021 of $583,600 is up $72,600 from last year/Aug 2020’s $511,000, and down $9,500. from the previous month/July’s $593,100.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Aug 2021 of $525,000 rose $76,000 from last year/Aug 2020’s $449,000, and also increased $3,000 from the previous month/July’s $522,000.

LAKE OSWEGO:

  • 161 Active Listings (July 165)
  • 168 New Listings    (July 214)
  • 163 Pending Sales (July 177)
  • 171 Closed Sales    (July 184)
  • Average Sale Price for July: $878,000 (July $1,020,600)
    • 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.
  •  23 Average Days on the Market   (July 19)