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.
This is the time of year, as school starts, when the market typically starts to let off the gas a bit. I just don’t see that happening. Last week in LO we had 10 new listings, 32 properties (!) move into pending status, and 32 closed/sold. We are winding down the summer in an all steam ahead fashion.
See below for RMLS data.
New Listings Aug 30-Sept 5, 2021
Address
Type
Price
BR
Baths
Sq Ft
4 Touchstone #157
Condo
$224,900
2
2
984
200 Burnham Rd #402
Condo
$355,000
2
2
1305
750 1st St E27
Condo
$615,900
2
2
1350
6472 Dawn St
Detached
$695,000
3
2
1032
4848 Lower Dr
Detached
$822,000
4
3
2531
658 Boca Ratan Dr
Detached
$967,000
4
3.5
3593
17001 Westview Dr
Detached
$968,500
3
2
2005
16164 Parker Rd #1
Detached
$1,395,000
5
4
3257
548 4th St
Attached
$1,524,900
3
4.5
3186
1913 Cheryl Ct
Detached
$1,895,000
4
4.5
5341
Pending Sales Aug 30-Sept 5, 2021
Address
Type
Price
BR
Baths
Sq Ft
CDOM
100 Kerr Pkwy #31
Condo
$185,000
1
1
617
5
100 Kerr Pkwy #43
Condo
$214,900
2
2
823
41
96 Cervantes Circle
Condo
$230,000
2
1.5
912
7
36 Crestfield Ct
Condo
$279,900
2
1
921
3
4000 Carman Dr E70
Condo
$299,900
2
2
974
3
4652 Lower Dr
Condo
$350,000
2
1.5
1170
4
5101 Jean Rd
Condo
$475,000
3
1
1012
5
16691 Bonaire Ave
Detached
$499,900
3
1
1110
3
4528 Lower Dr
Condo
$525,000
3
2.5
1786
9
8 Bolivar St
Detached
$640,000
2
2
2149
2
16 Walking Woods Dr
Detached
$649,000
3
2.5
2897
11
14 Preakness Ct
Attached
$669,000
2
2.5
2190
6
3065 Royce Way
Detached
$750,000
4
2.5
2726
46
15509 Partridge Dr
Detached
$789,900
4
3
2299
3
4545 Black Forest Ct
Detached
$799,000
4
2.5
2168
2
759 Timberline Dr
Detached
$835,000
4
3
2928
70
19431 Kokanee Ct
Detached
$849,900
4
2.5
2214
4
17994 Saint Clair Dr
Detached
$900,000
5
2.5
3916
3
920 York Rd
Detached
$985,000
4
3
2026
2
2936 SW Orchard Hill Pl
Detached
$989,000
4
2.5
4089
61
4261 Cobb Way
Detached
$1,089,000
4
3
2362
1
13536 Streamside Dr
Detached
$1,150,000
4
3.5
3033
7
15776 Inverurie Rd
Detached
$1,299,000
3
2
2352
49
14495 Pfeifer Dr
Detached
$1,299,900
4
3
3944
21
1687 Village Park Ln
Detached
$1,399,000
4
3
3362
74
4721 Firwood Rd
Detached
$1,425,000
4
3
3236
0
4531 West Rd
Detached
$1,429,000
3
3.5
3926
54
16650 Fir Ln
Detached
$1,898,000
4
3.5
3860
8
940 Upper Devon Ln
Detached
$1,945,000
4
3.5
4848
59
929 Cumberland Rd
Detached
$2,495,000
5
6.5
5129
3
1199 Fairway Rd
Detached
$3,498,000
4
4.5+.5
5527
33
259 Pine Valley Rd
Detached
$4,000,000
4
4.5
4640
0
Sold/Closed Aug 30-Sept 5, 2021
Address
Type
List Price
Sold Price
Sq Ft
CDOM
4 Toushstone #69
Condo
$220,000
$220,000
1351
33
3433 McNary Pkwy #302
Condo
$285,000
$265,000
1,208
12
5058 Foothills Dr A
Condo
$420,000
$418,000
1252
8
1 Peacock Pl
Detached
$529,000
$500,000
1336
30
17500 Pilkington Rd
Detached
$460,000
$500,000
1050
8
17 Aquinas St
Detached
$599,900
$660,000
2139
6
13198 Peters Rd
Detached
$695,000
$677,750
2630
29
605 7th St
Detached
$775,000
$750,000
2035
3
4 Sherwood Ct
Detached
$825,000
$757,000
2870
16
16901 Lakeridge Dr
Detached
$724,000
$762,500
2080
3
1033 Spruce ST
Detached
$765,000
$775,000
1,663
4
18260 Indian Creek Dr
Detached
$759,000
$790,000
2082
11
17730 Marylbrook Dr
Detached
$850,000
$840,000
2951
14
17211 Robb Pl
Detached
$790,000
$840,000
2085
5
491 Country Club Rd
Detached
$865,000
$850,000
2486
97
14121 Redwood Ct
Detached
$696,900
$867,500
2827
24
4987 Bilford Ln
Detached
$799,900
$890,000
2302
5
19531 River Run Dr
Detached
$899,900
$975,000
2440
5
13060 SW Elk Rock Rd
Detached
$1,178,000
$1,100,000
3681
9
13207 Deerfield Ct
Detached
$1,175,000
$1,125,000
3801
35
17543 Lake Haven Dr
Detached
$1,185,000
$1,125,000
2333
9
12730 Adrian Ct
Detached
$1,295,000
$1,178,000
3014
24
5428 Royal Oaks Dr
Detached
$1,200,000
$1,200,000
4994
7
151 3rd St #1
Condo
$1,499,000
$1,475,000
3278
37
2805 Southshore Blvd
Detached
$1,300,000
$1,553,050
2623
3
3155 Upper Dr
Detached
$1,599,900
$1,720,000
3297
1
2165 Ridge Point Dr
Detached
$2,100,000
$1,828,000
4749
29
2572 Glen Eagles Pl
Detached
$2,595,000
$2,300,000
6532
107
18000 Eastridge Ln
Detached
$2,495,000
$2,495,000
5610
6
17575 S Crestline Dr
Detached
$3,500,000
$2,925,000
7496
48
3328 Lakeview Blvd
Detached
$6,398,000
$6,175,000
6675
18
4210 Virginia Way
Detached
$1,549,000
$1,365,000
3508
58
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.
This last week in Lake Oswego we had 12 Properties enter the market, 27 go Pending (Accepted Offers) and 30 Closed/Sold. There are 80 wonderful homes for sale in Lake Oswego right now.
It is certainly feeling like the dog days of summer. Numbers in Lake Oswego were down last week. Still healthy, but not quite as frantic as it was just a couple of weeks ago. We had 12 houses come onto the market, 26 move into pending status, and 16 closed/sold properties.
See below for RMLS details.
New on the market August 16-22, 2021
Address
Type
Price
BR
Baths
Sq Ft
44 Eagle Crest Dr #9
Condo
$255,000
2
1
908
53 Galen St
Condo
$264,900
2
2
989
4 Condolea Dr
Condo
$439,000
2
2
1312
4429 Thunder Vista Ln
Condo
$479,900
2
2.5
2002
16 Walking Woods Dr
Detached
$649,000
3
2.5
2897
5911 Carman Dr
Detached
$695,800
3
2
1400
23 Touchstone
Detached
$924,900
5
4
3169
1500 Morning Sky Ct
Detached
$1,178,000
5
3.5
4402
5349 Carman Grove Ln
Detached
$1,298,000
4
3
2903
572 4th St
Attached
$1,595,000
3
4.5
3364
3411 Lake Grove Ave
Detached
$1,675,000
4
3.5
4434
15508 Diamond Head Rd
Detached
$3,480,000
3
4
3900
Pending sales August 16-22, 2021
Address
Type
Price
BR
Baths
Sq Ft
CDOM
108 Oswego Summit
Condo
$199,900
1
1
764
5
3433 McNary Pkwy #211
Condo
$255,000
2
2
1008
2
3433 McNary Pkwy #302
Condo
$265,000
2
2.5
1208
12
12 Oswego Summit
Condo
$290,000
2
2
1140
41
3886 Botticelli St
Condo
$315,000
2
1.5
1132
20
422 S State St
Condo
$324,997
2
1
1659
47
162 Oswego Summit
Condo
$399,000
2
2
1506
48
1589 Boca Ratan Dr
Attached
$460,000
3
2
1611
19
448 5th St
Condo
$468,000
2
1.5
1092
4
1700 Bonniebrae Dr
Attached
$469,698
3
3
1739
6
38 Briarwood Rd
Detached
$599,900
6
2.5+.5
2554
6
16885 Fernwood Dr
Detached
$639,500
3
2
1624
53
19 Da Vinci St
Detached
$650,000
3
2
1874
6
26 Briarwood Rd
Detached
$665,000
4
3.5
2554
8
17621 Arbor Ln
Detached
$685,000
3
2
2120
4
680 Tippecanoe Ct
Detached
$719,900
4
2.5
1900
5
13366 Auburn Ct
Attached
$750,000
3
2.5
2492
11
6666 Childs Rd
Detached
$750,000
3
1
2408
8
1033 Spruce St
Detached
$765,000
3
2.5
1663
4
15580 Partridge Dr
Detached
$780,000
3
2.5
2245
0
15964 White Oaks Dr
Detached
$900,000
4
2.5
3015
16
511 Weidman Ct
Detached
$995,000
4
2.5
3652
5
5590 Luce Ln
Detached
$995,000
5
4
3530
15
13366 Boones Ferry Rd
Detached
$1,095,000
4
2.5
3589
5
2011 Ridgewood Ln
Detached
$1,100,000
5
3.5
3115
75
950 Schukarat Ln
Detached
$1,468,000
4
2.5
3434
4
Sold/closed August 16-22, 2021
Address
Type
List Price
Sold Price
Sq Ft
CDOM
4 Touchstone #74
Condo
$235,000
$215,000
1351
8
86 Kingsgate Rd G101
Condo
$265,000
$299,950
840
2
200 Burnham Rd #305
Condo
$340,000
$345,000
1305
1
4141 Cobb Way
Detached
$485,000
$450,000
1237
18
5071 Tualata Ln
Detached
$705,000
$640,000
1540
51
4932 Mulholland Dr
Attached
$698,000
$688,000
2498
54
4 Pimlico Terrace
Detached
$690,000
$720,000
2100
3
1620 Ash St
Detached
$720,000
$744,000
2225
4
5101 Rosewood St
Detached
$665,000
$768,000
1736
4
720 8th St
Detached
$899,000
$899,000
1498
30
1724 Fern Pl
Detached
$950,000
$925,000
2,160
21
18320 Delenka Ln
Detached
$1,115,000
$975,550
4519
67
1520 Eastview Ct
Detached
$963,000
$980,000
3789
4
19395 Hill Top Rd
Detached
$1,575,000
$1,650,000
4788
4
1334 Maple St
Detached
$1,575,000
$2,100,000
3660
6
1745 Southshore Blvd
Detached
$3,495,000
$2,600,000
5545
128
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.
Here is your look at the latest numbers as released by RMLS for the overall Portland area and how Lake Oswego fits in just below.
Overview/Fluctuations ~ Market Data July 2021: Things typically start to slow a bit in July. We saw a change in the usual pattern last year with activity pushing through the summer months. This year there is still lots of activity, but for two months in a row we see prices in some areas looking like they *may* be showing signs of jockeying into some kind of stabilization. We’ll check again next month.
Inventory rose another .1% in July, so people are perhaps starting to reach the end of their “waiting-to-sell” ropes. We usually see an uptick in the fall after vacations, so again, we’ll take a look at the trend next month to see if there really is a pattern developing. If there is… I can only say it’s a pretty subdued one. Houses are still hard to come by driving higher prices. Rates are around 3.125%.
According to the RMLS Market Action Report for the Portland Metro Area, July 2021:
There were 4,267 New Listings in July 2021 increasing 0.7% over July 2020’s 4,236 and decreasing 0.7% from the previous month/June’s 4,298.
At 3,439, July 2021’s Closed Sales are up 1.4% from July 2020’s 3,391, dropping 1.1% from the previous month/June’s total of 3,477
At 3,534, June 2021’s Pending Sales decreased 8.3% from July 2020’s 3,656, and also dropped 5.1% from the previous month/June’s total of 3,534.
The Average Sale Price in July 2021 of $593,100 is up $90,800 from last year/July2020’s $502,300, and down $4,000. from the previous month/June’s $597,100.
The “Median” Sale Price (the price smack dab in the middle of all sales) in July 2021 of $522,000 rose $77,000 from last year/July 2020’s $445,000, and also increased $1,000 from the previous month/June’s $521,000.
LAKE OSWEGO:
165 Active Listings (June 146)
214 New Listings (June 262)
177 Pending Sales (June202)
184 Closed Sales (June 229)
Average Sale Price for July: $1,020,600 (June $1,018,100)
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.
This last week we saw 10 properties enter the market, 31 move to Pending status (accepted offers) and 26 that Closed/Sold. This is the first time in awhile that I’ve not eliminated any “refreshed” properties from the “New” category…no need for refreshing, I suppose. Right now there are 90- beautiful homes available in Lake Oswego.
NEW Aug 9-15, 2021
Address
List Price
Beds
Baths
SF
Prop Type
210 S STATE ST #9
$535,000
3
2.1
1642
CONDO
17830 SW TUALATA AVE
$595,000
3
2
1373
DETACHD
26 BRIARWOOD RD
$665,000
4
3.1
2554
DETACHD
6666 SW CHILDS RD
$750,000
3
1
2408
DETACHD
16510 MAPLE CIR
$899,000
4
2.1
2295
DETACHD
5923 BAY POINT DR
$925,000
5
3
3187
DETACHD
4224 HAVEN ST
$1,199,950
5
2
2600
DETACHD
14495 PFEIFER DR
$1,299,900
4
3
3944
DETACHD
15012 TWIN FIR RD
$2,395,000
5
3.1
3845
DETACHD
1051 SW FOREST MEADOWS WAY
$4,149,000
6
6.1
5597
DETACHD
PENDING Aug 9-15, 2021
Address
List Price
Beds
Baths
SF
Prop Type
CDOM
4 TOUCHSTONE #62
$204,950
3
2.1
1351
CONDO
46
47 EAGLE CREST DR #41
$230,000
2
1
932
CONDO
14
4 TOUCHSTONE #74
$235,000
3
2.1
1351
CONDO
8
12848 BOONES FERRY RD
$425,000
2
2.1
1182
CONDO
0
12826 Boones Ferry RD
$445,000
2
2.1
1182
CONDO
6
41 ORIOLE LN
$500,000
2
2
1564
DETACHD
10
17 AQUINAS ST
$599,900
3
2
2139
DETACHD
6
4241 COBB WAY
$599,950
3
2
1484
DETACHD
8
18431 INDIAN CREEK DR
$635,000
4
2
1736
DETACHD
17
457 LAUREL ST
$650,000
3
3
2264
DETACHD
14
5795 LANGFORD LN
$659,000
2
2
1687
DETACHD
0
1672 HIGHLAND DR
$699,900
4
2
1867
DETACHD
4
2697 LOOKOUT CT
$720,000
3
2
2219
DETACHD
29
12 MORNINGVIEW LN
$730,000
3
2.1
2718
ATTACHD
4
16904 CHERRY CREST AVE
$759,000
3
2
2167
DETACHD
2
5466 BAY CREEK DR
$789,000
3
3
2535
DETACHD
4
1580 WOODLAND TER
$835,000
3
2.1
2430
DETACHD
4
18360 TUALATA AVE
$845,000
5
2.1
2703
DETACHD
10
14121 REDWOOD CT
$885,000
4
3.1
2827
DETACHD
24
16750 PHANTOM BLUFF CT
$899,000
3
3
2267
DETACHD
2
41 TOUCHSTONE
$920,000
4
3
3090
DETACHD
21
18430 PILKINGTON RD
$1,095,000
4
3
3021
DETACHD
77
5316 CHILDS RD
$1,097,770
6
2.1
3847
DETACHD
318
12730 ADRIAN CT
$1,195,000
4
2.1
3014
DETACHD
24
14360 UPLANDS DR
$1,230,000
4
3.2
2577
DETACHD
16
17467 WESTVIEW DR
$1,275,000
4
3.1
4119
DETACHD
4
2950 GREENTREE RD
$1,495,000
4
3.1
3691
DETACHD
8
2442 PALISADES CREST DR
$1,598,000
4
2.1
3071
DETACHD
4
855 G AVE
$2,000,000
3
2.1
3710
DETACHD
17
1889 HIGHLANDS LOOP
$5,499,000
5
6.1
6832
DETACHD
20
3328 LAKEVIEW BLVD
$6,398,000
4
5.1
6675
DETACHD
18
SOLD AUG 9-15, 2021
Address
Opening
Closed
Beds
Baths
SF
Prop Type
CDOM
39 OSWEGO SMT
$269,000
$280,500
2
2
1212
CONDO
3
4041 JEFFERSON PKWY
$289,000
$300,000
1
1.1
1060
CONDO
4
1367 BONNIEBRAE DR
$399,000
$400,000
2
1.1
1008
ATTACHD
2
1509 BONNIEBRAE DR
$482,900
$507,000
3
2.1
1739
ATTACHD
6
23 FALSTAFF ST
$649,000
$600,000
3
2
1435
DETACHD
38
5051 TUALATA LN
$714,900
$640,000
4
2
1581
DETACHD
37
5880 ROCKWOOD CT
$656,500
$680,000
3
2
1772
DETACHD
2
18811 REAO CT
$639,900
$705,000
3
2.1
1916
DETACHD
7
18426 SANDPIPER WAY
$688,000
$705,000
4
3
1884
DETACHD
5
537 COUNTRY CLUB RD
$849,000
$760,000
3
2
1901
DETACHD
93
13041 THOMA RD
$770,000
$760,000
3
2.1
2418
DETACHD
4
1811 KILKENNY DR
$758,000
$780,000
4
3
3794
DETACHD
0
32 MORNINGVIEW CIR
$750,000
$799,000
3
2.1
2718
DETACHD
7
1672 LAKE FRONT RD
$650,000
$805,000
3
2
1768
DETACHD
5
2440 OVERLOOK DR
$879,900
$825,000
4
3
3850
DETACHD
15
5895 SUNCREEK DR
$749,000
$910,000
4
2
2379
DETACHD
5
17 WESTRIDGE DR
$875,000
$935,000
4
3.2
3533
DETACHD
11
3830 TEMPEST DR
$999,995
$937,000
3
2.1
3099
DETACHD
22
16933 GREENTREE AVE
$874,900
$975,000
4
2.1
2276
DETACHD
28
1931 PARK FOREST CT
$1,025,000
$1,085,000
6
4.1
4107
DETACHD
6
17649 WOODHURST PL
$1,198,000
$1,120,000
5
4.1
5669
DETACHD
103
4440 UPPER DR
$1,899,000
$1,850,000
4
3.1
3583
DETACHD
42
18783 STAFFORD RD
$2,295,000
$1,875,000
5
4.2
5757
DETACHD
147
1978 EGAN WAY
$2,198,000
$2,095,150
4
5.2
6761
DETACHD
64
18098 PILKINGTON RD
$2,199,000
$2,277,000
4
5.1
6680
DETACHD
6
3183 DOUGLAS CIR
$3,450,000
$3,450,000
4
4.1
5595
DETACHD
0
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.
The market in LO is still red hot. A few weeks ago, right around July 4th, it felt like it may have slowed down a tad. Last weeks rush of new listings (20), pending sales (36!), and sold/closed properties (29) has proved that tad of a slow down was just July 4th distractions.
See below for RMLS data.
New Listings Aug 2-8, 2021
Address
Type
Price
BR
Baths
Sq Ft
4 Touchstone #74
Condo
$235,000
3
2.5
1351
3433 McNary Pkwy #302
Condo
$285,000
2
2.5
1208
239 Cervantes
Condo
$399,000
2
2
1208
12848 Boones Ferry Rd
Condo
$425,000
2
2.5
1182
12826 Boones Ferry Rd
Condo
$445,000
2
2.5
1182
1700 Bonniebrae Dr
Attached
$469,698
3
3
1739
41 Oriole Ln
Detached
$500,000
2
2
1564
17830 Tualata Ave
Detached
$595,000
3
2
1373
17 Aquinas St
Detached
$599,900
3
2
2139
19 Da Vinci St
Detached
$650,000
3
2
1874
13366 Auburn Ct
Attached
$750,000
3
2.5
2492
16904 Cherry Crest Ave
Detached
$759,000
3
2
2167
1405 Greentree Circle
Detached
$775,000
4
2.5
2146
48 Spinosa
Detached
$799,900
4
3.5
2848
16750 Phantom Bluff Ct
Detached
$899,000
3
3
2267
5590 Luce Ln
Detached
$995,000
5
4
3530
3001 Southshore Blvd
Detached
$1,298,000
3
2.5
3201
2950 Greentree Rd
Detached
$1,495,000
4
3.5
3691
1051 Forest Meadows Way
Detached
$4,149,000
4
3.5
3691
12790 S Fielding Rd
Detached
$5,600,000
6
7.5
9124
Pending sales Aug 2-8, 2021
Address
Type
Price
BR
Baths
Sq Ft
CDOM
4 Touchstone #62
Condo
$204,950
3
2.5
1351
46
4 Cervantes Circle
Condo
$240,000
2
1.5
912
47
12 Cervantes Circle
Condo
$250,000
2
1.5
912
3
3886 Botticelli St
Condo
$315,000
2
1.5
1132
4
482 S State St 3B
Condo
$374,000
2
1
1659
65
1 Peacock Pl
Detached
$509,000
3
2.5
1336
30
4980 Galen St
Attached
$589,000
2
2.5
1552
28
4241 Cobb Way
Detached
$599,950
3
2
1484
8
1672 Highland Dr
Detached
$699,900
4
2
1867
4
1620 Ash St
Detached
$720,000
3
2
2225
4
12 Morningview Ln
Attached
$730,000
3
2.5
2718
4
49 Da Vinci St
Detached
$739,000
3
2
2351
26
5466 Bay Creek Dr
Detached
$789,000
3
3
2535
4
4 Sherwood Ct
Detached
$795,000
4
2.5
2870
16
1580 Woodland Ter
Detached
$835,000
3
2.5
2430
4
18360 Tualata Ave
Detached
$845,000
5
2.5
2703
2
491 Country Club Rd
Detached
$865,000
4
2
2486
83
14121 Redwood Ter
Detached
$885,000
4
3.5
2827
24
19531 River Run Dr
Detached
$899,900
4
2.5
2440
5
15 El Greco St
Detached
$949,000
4
3
3328
4
1739 Palisades Terrace Dr
Detached
$995,000
4
2.5
3654
11
14071 Sundeleaf Dr
Detached
$999,000
5
3
2624
3
14002 Chelsea Dr
Detached
$1,195,000
4
2.5
3547
32
127230 Adrian Ct
Detached
$1,195,000
4
2.5
3014
24
5428 Royal Oaks Dr
Detached
$1,200,000
6
3.5
4994
7
14360 Uplands Dr
Detached
$1,230,000
4
3.5+.5
2577
5
17467 Westview Dr
Detached
$1,275,000
4
3.5
4119
4
2442 Palisades Crest Dr
Detached
$1,598,000
4
2.5
3071
4
3155 Upper Dr
Detached
$1,599,000
4
3
3297
1
2165 Ridge Pointe Dr
Detached
$1,995,000
5
4
4749
29
4480 Upper Dr
Detached
$2,000,000
4
3.5
3497
0
855 G Ave
Detached
$2,000,000
3
2.5
3710
17
14500 Uplands Dr
Detached
$2,495,000
5
4.5+.5
5544
74
1745 Southshore Blvd
Detached
$3,099,000
4
4.5
5545
128
1889 Highlands Loop
Detached
$5,499,000
5
6.5
6832
20
3328 Lakeview Blvd
Detached
$6,398,000
4
5.5
6675
18
Sold/Closed Aug 2-8, 2021
Address
Type
List Price
Sold Price
Sq Ft
CDOM
44 Eagle Crest Dr #1
Condo
$230,000
$247,000
908
2
45 Eagle Crest Dr #409
Condo
$249,900
$249,900
1,214
5
3882 Botticelli St
Condo
$289,000
$287,000
1224
20
5061 Foothills Dr C
Condo
$335,000
$335,000
991
8
1509 Bonniebrae Dr
Attached
$482,900
$507,000
1739
6
4222 Woodside Circle
Attached
$450,000
$550,000
1578
5
17850 Pilkington Rd
Detached
$750,000
$625,000
3222
79
5051 Tualata Ln
Detached
$714,900
$640,000
1581
37
6545 Childs Rd
Detached
$600,000
$650,000
3134
1
186 D Ave
Attached
$650,000
$675,000
1637
7
6227 Wayzata Ct
Detached
$699,999
$675,000
1,232
7
18426 Sandpiper Way
Detached
$688,000
$705,000
1884
5
3 Spinosa
Detached
$755,000
$750,000
2615
23
16921 Kara Ln
Detached
$750,000
$758,000
2382
5
17802 Hillside Way
Detached
$838,000
$790,000
3026
23
2440 Overlook Dr
Detached
$879,900
$825,000
3850
15
4099 Coltsfoot Ln
Detached
$840,000
$827,000
3169
15
5675 Victoria Ct
Detached
$825,000
$885,000
2563
4
2895 Suncreek Dr
Detached
$749,000
$910,000
2379
5
17 Westridge Dr
Detached
$875,000
$935,000
3533
11
19310 Riverwood Ln
Detached
$999,000
$1,092,000
3192
1
17649 Woodhurst Pl
Detached
$1,198,000
$1,120,000
3192
103
2929 Glen Eagles Rd
Detached
$1,100,000
$1,300,000
2527
4
13700 Knaus Rd
Detached
$1,245,000
$1,310,000
2654
7
915 Cedar St
Detached
$1,550,000
$1,520,000
3219
3
4440 Upper Dr
Detached
$1,899,000
$1,850,000
3583
42
18783 Stafford Rd
Detached
$2,295,000
$1,875,000
147
197 Egan Way
Detached
$2,198,000
$2,095,150
6761
64
3183 Douglas Circle
Detached
$3,450,000
$3,450,000
5595
0
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
There were 11 homes entering the market last week, 19 that moved to Pending status (accepted offers) and 30 that Closed/Sold. Right now there are 109 lovely properties available in Lake Oswego!
Here is the breakdown using RMLS data:
NEW July 26-Aug 1, 2021
List Price
Beds
Baths
SF
Type
47 EAGLE CREST DR #41
$230,000
2
1
932
CONDO
4 TOUCHSTONE #143
$239,000
3
2.1
1351
CONDO
1589 BOCA RATAN DR
$470,000
3
2
1611
ATTACHD
457 LAUREL ST
$650,000
3
3
2264
DETACHD
18431 INDIAN CREEK DR
$660,000
4
2
1736
DETACHD
15964 WHITE OAKS DR
$949,900
4
2.1
3015
DETACHD
13060 SW ELK ROCK RD
$1,178,000
4
3
3681
DETACHD
7 GARIBALDI ST
$1,450,000
4
3.1
6303
DETACHD
14050 GOODALL RD
$2,350,000
5
4.2
6943
DETACHD
2643 SOUTHSHORE BLVD
$3,300,000
3
3.2
4543
DETACHD
1199 FAIRWAY RD
$3,498,000
4
4.2
5527
DETACHD
PENDING July 26-Aug 1, 2021
Address
List Price
Beds
Baths
SF
Type
Days
4 TOUCHSTONE #66
$205,000
3
2.1
1351
CONDO
6
16250 PACIFIC HWY #78
$343,500
2
2
1305
CONDO
35
5058 FOOTHILLS DR, A
$420,000
3
2
1252
CONDO
8
17500 PILKINGTON RD
$460,000
2
1
1050
DETACHD
8
15115 QUARRY RD
$650,000
4
3
2865
DETACHD
19
5101 ROSEWOOD ST
$665,000
3
2.1
1736
DETACHD
4
13198 PETERS RD
$695,000
3
2.1
2630
DETACHD
29
17 MORNINGVIEW CIR
$785,000
3
2.1
2532
DETACHD
6
4987 BILFORD LN
$799,900
3
2.1
2302
DETACHD
5
1520 EASTVIEW CT
$963,000
4
4
3789
DETACHD
4
4750 UPPER DR
$1,100,000
5
3.1
3091
DETACHD
125
17543 LAKE HAVEN DR
$1,185,000
4
2.1
2333
DETACHD
9
427 9TH ST
$1,199,000
5
3.1
3250
DETACHD
12
17190 WALL ST
$1,395,000
5
4.2
6702
DETACHD
131
151 3RD ST #1
$1,499,000
3
2.1
3278
CONDO
37
2167 WEMBLEY PARK RD
$1,750,000
4
3.1
4015
DETACHD
9
2572 GLEN EAGLES PL
$2,195,000
5
4.2
6532
DETACHD
107
1677 LESLIE LN
$2,390,000
4
6.1
7534
DETACHD
147
2945 UPPER DR
$2,500,000
4
4.1
4227
DETACHD
0
SOLD July 26-Aug 1, 2021
Address
Open
Closed
Beds
Baths
SF
Type
42 CERVANTES CIR #4B
$250,000
$261,000
2
1.1
912
CONDO
153 OSWEGO SMT, Lower
$279,990
$269,000
2
2
1677
CONDO
163 OSWEGO SMT, Upper
$285,000
$310,000
2
2
1506
CONDO
16250 PACIFIC HWY #41
$360,000
$350,000
2
2
1380
CONDO
#10
$515,000
$500,000
2
2.1
1743
CONDO
5616 CHILDS RD
$495,000
$536,000
3
1
1232
DETACHD
53 ORIOLE LN
$549,000
$545,000
3
2.1
2072
DETACHD
38 NORTHVIEW CT
$638,900
$618,000
4
4
3125
ATTACHD
1701 ASPEN CT
$663,800
$663,800
3
2
1956
DETACHD
5 BECKET ST
$685,000
$685,000
4
2.1
3654
DETACHD
17 CHURCHILL DOWNS
$649,900
$712,000
4
3
1966
DETACHD
217 HIDALGO ST
$769,900
$737,450
3
2.1
4312
DETACHD
5440 BAY CREEK DR
$775,000
$840,000
3
2.1
2442
DETACHD
9 PREAKNESS CT
$849,900
$875,000
4
3
3750
DETACHD
1692 HIGHLAND DR
$795,000
$905,000
4
3
2162
DETACHD
1874 GLENMORRIE TER
$950,000
$952,000
3
3
3508
DETACHD
1503 PINE ST
$875,000
$959,000
4
3
2842
DETACHD
5681 YORKSHIRE CT
$894,900
$962,500
4
2.1
2985
DETACHD
1704 GLENMORRIE TER
$950,000
$965,000
5
2.1
4292
DETACHD
663 CARRERA LN
$899,000
$1,000,000
3
2
2356
DETACHD
125 FURNACE ST, Upper
$995,000
$1,075,000
2
2.1
1927
CONDO
12723 ADRIAN CT
$1,098,000
$1,098,000
4
3
3190
DETACHD
5933 SUNCREEK DR
$1,250,000
$1,200,000
4
3.2
4027
DETACHD
18635 WESTVIEW DR
$1,150,000
$1,275,000
4
5
5102
DETACHD
19305 HILL TOP RD
$1,375,000
$1,405,000
4
3.1
5116
DETACHD
569 7TH ST
$1,450,000
$1,450,000
4
4
3135
DETACHD
4502 LAMONT WAY
$1,795,000
$1,675,000
4
4
3880
DETACHD
301 IRON MOUNTAIN BLVD
$1,649,000
$1,752,000
4
3.2
3036
DETACHD
2254 KNAUS RD
$4,125,000
$3,900,000
4
5.1
7436
DETACHD
1617 LAKE FRONT RD
$4,500,000
$4,500,000
4
4.1
4610
DETACHD
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.
There is a lot of speculation amung Realtors that the market may be starting to slow down just a bit. The last time I did this report, I was speculating that myself. With this weeks report I have to say that it is not happening, at least not right now.
Lake week in Lake Oswego there were 14 new listings, 27 properties that went into pending status, and 26 sold/closed properties. The market is still favoring sellers with most properties selling quickly at or above the list price.
See below for RMLS details.
New on the Market July 19-25, 2021
Address
Type
Price
BR
Baths
Sq Ft
4 Touchstone #66
Condo
$205,000
3
2.5
1351
100 Kerr Pkwy #43
Condo
$214,900
2
2
823
44 Eagle Crest Dr #20
Condo
$230,000
2
1
908
5058 Foothills Dr A
Condo
$420,000
3
2
1252
17500 Pilkington Rd
Detached
$460,000
2
1
1050
4939 Hampton Ct
Detached
$919,900
5
2.5
2971
17151 Wall St
Detached
$1,150,000
6
4
4141
17543 Lake Haven Dr
Detached
$1,185,000
4
2.5
2333
503 Laurel St
Detached
$1,550,000
4
3.5
2917
2167 Wembley Park Rd
Detached
$1,750,000
4
3.5
4015
855 G Ave
Detached
$2,000,000
3
2.5
3710
1889 Highlands Loop
Detached
$5,499,000
5
6.5
6832
3328 Lakeview Blvd
Detached
$6,398,000
4
5.5
6675
16767 Graef Circle
Detached
$3,499,000
4
4.5
4222
Pending Sales July 19-25, 2021
Address
Type
Price
BR
Baths
Sq Ft
CDOM
200 Cervantes
Condo
$289,000
3
1.5
1138
11
200 Burnham Rd #305
Condo
$340,000
2
2
1305
1
43 Greenridge Ct
Attached
$399,900
3
1.5+.5
1652
65
4222 Woodside Dr
Attached
$450,000
3
2
1578
5
1509 Bonniebrae Dr
Attached
$482,900
3
2.5
1739
6
1672 Lake Front Rd
Detached
$650,000
3
2
1768
5
16901 Lakeridge Dr
Detached
$729,000
4
3
2080
3
49 Da Vinci St
Detached
$739,000
3
2
2351
12
5895 Suncreek Dr
Detached
$749,000
4
2
2379
5
18260 Indian Creek Dr
Detached
$759,000
3
2
2082
11
17268 Fernwood Dr
Detached
$765,000
3
2.5
2086
58
18571 Waxwing Way
Detached
$810,000
4
2.5
2081
19
1430 Larch St
Detached
$815,000
3
3
1312
7
17730 Marylbrook Dr
Detached
$850,000
3
2.5
2951
14
7 Mountain View Ln
Detached
$850,000
5
2.5
3324
48
17 Westridge Dr
Detached
$875,000
4
3.5+.5
3533
11
125 Furnace St
Condo
$995,000
2
2.5
1927
4
4222 Cobb Way
Detached
$1,089,000
4
3
2243
15
13207 Deerfield Ct
Detached
$1,175,000
4
3.5
3801
35
12817 Adrian Ct
Detached
$1,298,000
4
2.5
3132
3
2805 Southshore Blvd
Detached
$1,300,000
2
2.5
2623
3
4723 Lamont Way
Detached
$1,400,000
4
3.5
3058
5
1978 Egan Way
Detached
$1,998,000
4
5.5+.5
6761
64
1334 Maple St
Detached
$2,100,000
4
3.5
3660
6
18000 Eastridge Ln
Detached
$2,495,000
4
4.5
5610
6
17575 S Crestline Dr
Detached
$2,995,000
5
4.5+.5
7496
48
1226 Northshore Rd
Detached
$6,499,000
4
5.5
6330
45
Sold/Closed July 19-25, 2021
Address
Type
List Price
Sold Price
Sq Ft
CDOM
16250 Pacific Hwy #48
Condo
$345,000
$343,500
1306
5
1600 Boca Ratan Dr
Attached
$390,775
$390,775
998
0
15438 Stephanie Ct
Attached
$469,980
$470,000
1627
6
5221 Tualata Ln
Detached
$550,000
$588,050
1491
4
1033 Obrien St
Detached
$600,000
$608,000
1416
2
5357 Lakeview Blvd
Detached
$649,900
$640,000
1894
4
4124 Harvey Way
Detached
$649,900
$649,900
1410
22
9 Falstaff St
Detached
$759,000
$705,000
2436
51
13431 Vermeer Dr
Detached
$750,000
$790,000
2701
7
1588 Cherry Ln
Detached
$749,900
$803,000
2001
3
5760 Meridian Ct
Detached
$850,000
$880,000
2,504
5
15518 Heritage Ct
Detached
$820,000
$950,000
2885
4
17904 Cardinal Pl
Detached
$949,000
$950,000
1840
5
5697 Charles Circle
Detached
$950,000
$967,000
3268
4
16972 Greentree Ave
Detached
$1,100,000
$1,100,000
2812
13
1255 Bickner St
Detached
$1,235,000
$1,205,000
2764
94
17911 Hillside Dr
Detached
$1,200,000
$1,208,304
3635
5
15136 Glen Eagles Ct
Detached
$1,200,000
$1,235,000
2607
4
14511 Pfeifer Dr
Detached
$1,250,000
$1,375,000
3422
6
4390 Sunset Dr
Detached
$1,399,000
$1,427,000
3035
1
16200 Waluga Dr
Detached
$1,450,000
$1,550,000
3375
4
3140 Douglas Circle
Detached
$1,799,971
$1,744,000
4333
5
149 Furnace St #25
Condo
$1,795,000
$1,785,000
3954
6
3250 Upper Dr
Detached
$1,875,000
$1,950,000
4058
1
168 Pine Valley Rd
Detached
$1,995,000
$2,100,000
4906
7
13700 Fielding Rd
Detached
$4,996,000
$4,998,000
5802
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.
