Market Activity – Page 28 – Property Blotter

March 13, 2021

Market Activity March 1-7, 2021

Inventory remains low and buyers wanting to buy remains high. Last week in Lake Oswego we had 9 properties come onto the market, 18 move into pending status with accepted offers, and 12 sold/closed.

See below for an explanatin of the RMLS data.

New on the Market March 1-7, 2021

Address	Type	Price	BR	Baths	Sq Ft
243 Cervantes	Condo	$399,000	2	2	1292
16200 Pacific Hwy #4	Condo	$490,000	2	2	1190
1101 Hallinan Circle	Detached	$720,000	5	3	3368
13841 Verte Ct	Detached	$985,000	4	3	2350
17990 Ridge Lake Dr	Detached	$1,445,000	5	3.5	3897
2101 Goodall Ct	Detached	$2,539,000	4	4.5	4290
1677 Leslie Ln	Detached	$2,550,000	4	6.5	7534
5135 Carman Dr	Detached	$3,650,000	3	2.5+.5	4400
1125 Maple St	Detached	$3,900,000	4	3.5	6254

Pending Sales March 1-7, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
45 Eagle Crest #212	Condo	$179,000	1	1	780	155
26 Cervantes Circle	Condo	$244,900	2	1.5	1107	56
4636 Lower Dr	Condo	$265,000	2	1.5	1170	129
5057 Foothills Dr	Condo	$335,000	2	2	1252	3
41 Greenridge Ct	Attached	$415,000	3	2.5	1652	9
5804 Kennycroft Way	Detached	$504,900	3	1.5	1008	4
23 Aquinas St	Detached	$550,000	4	2.5	1840	3
1662 Worthington St	Detached	$700,000	4	2.5	2763	4
4749 Black Forest Ct	Detached	$715,000	4	2.5	2255	5
17121 Wall St	Detached	$724,900	3	2.5	2187	2
2 Mozarteum Ct	Detached	$744,900	4	2.5	2192	5
4184 Virginia Way	Detached	$849,900	4	2	1700	5
1080 Upper Devon Ln	Detached	$974,900	3	2.5	2335	4
19244 35th Pl	Detached	$1,095,000	5	3	3503	13
100 Garibaldi St	Detached	$1,175,000	5	3.5+.5	4572	3
2671 Glen Eagles Rd	Detached	$1,225,000	3	3	4019	4
1688 Leslie Ln	Detached	$1,898,000	4	4.5	5540	53
16655 Maple Circle	Detached	$3,498,000	3	3.5	3100	0

Sold/Closed March 1-7, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
16250 Pacific Hwy #50	Condo	$284,000	$290,000	1305	2
57 Greenridge Ct	Attached	$459,000	$459,000	1,301	0
1920 Southshore Blvd	Detached	$579,900	$559,900	1313	8
6 Yorick St	Detached	$849,950	$780,000	3116	83
1661 Woodland Terrace	Detached	$729,000	$801,000	3082	2
252 Greenwood Rd	Detached	$824,900	$810,000	3834	5
1216 Spruce St	Detached	$840,000	$820,000	2066	101
13711 Fielding Rd	Detached	$889,950	$830,000	4649	77
17596 Green Bluff Dr	Detached	$959,900	$960,000	3039	75
975 Schukart Ln	Detached	$1,198	$1,250,000	4449	350
312 9th St	Detached	$1,350	$1,350,000	2686	18
19491 Lorna Ln	Detached	$2,195	$2,388,270	4343	$55

Criteria:Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

March 6, 2021September 11, 2022

Market Activity ~ Feb 22-28, 2021

Last week we saw only 5 properties enter the market, 13 moved to Pending status and 20 Sold/Closed. There are 66 fabulous properties available right now in Lake Oswego! The market is very tight. This is the time of year we start to see properties hit the market so time will tell if we’ve got a wave of properties coming up, but for now, rates are low & inching higher… its a good time to call a skilled Realtor to help you secure a home. Dianne and I are always a phone, text or email away.

Here is the latest overview of activity in Lake Oswego according to RMLS:

NEW Feb 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
41 GREENRIDGE CT	$415,000	3	2.1	1652	ATTACHD
668 MCVEY AVE #33	$499,000	2	1	852	CONDO
17994 SAINT CLAIR DR	$989,000	4	2.1	3689	DETACHD
5740 SW CHILDS RD	$1,550,000	5	3	5519	DETACHD
15780 TWIN FIR RD	$2,975,000	4	4.1	4270	DETACHD

Pending Feb 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
4 TOUCHSTONE #63	$195,000	2	2	984	CONDO	1
1225 LEE ST	$520,000	3	1.1	1056	DETACHD	80
4832 REDWING WAY	$599,900	3	2	1472	DETACHD	3
17614 SCHALIT WAY	$650,000	3	2	1561	DETACHD	3
5172 GREENSBOROUGH CT	$719,000	4	2.1	2184	DETACHD	102
18 HOTSPUR ST	$750,000	4	2	2025	DETACHD	5
13983 WESTCOTT CT	$898,900	4	2.1	2792	DETACHD	4
2240 RIDGEWOOD RD	$939,000	4	3.1	2777	DETACHD	2
17311 CANYON DR	$1,079,000	6	3	5376	DETACHD	35
116 MIDDLECREST RD	$1,290,000	4	3	2545	DETACHD	38
419 7TH ST	$1,350,000	4	2.1	2813	DETACHD	11
667 LAKE BAY CT	$1,899,900	4	3.1	3616	DETACHD	36
1890 TWIN POINTS RD	$2,650,000	4	3.1	4274	DETACHD	535

Sold Feb 22-28, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
45 EAGLE CREST DR #210	$199,000	$198,000	1	1	780	CONDO	23
3812 BOTTICELLI ST	$319,995	$310,000	3	2	1194	CONDO	41
241 CERVANTES Upper	$400,000	$405,000	2	2	1382	CONDO	3
17095 WESTVIEW DR	$649,000	$575,000	4	3	3356	DETACHD	90
1238 LAUREL ST	$524,900	$600,000	3	2	1485	DETACHD	2
6210 CHILDS RD	$699,000	$710,000	3	2	1433	DETACHD	2
1202 SPRUCE ST	$735,000	$735,000	2	2.1	1706	DETACHD	84
6126 SW Frost LN	$759,000	$745,000	5	3	2497	DETACHD	41
5185 WOODCREST LN	$835,000	$825,000	3	2.1	2554	DETACHD	33
4850 LOWER DR	$825,000	$825,000	4	3	2700	DETACHD	11
5173 WOODCREST LN	$850,000	$905,000	5	3	3220	DETACHD	2
5513 RACHEL LN	$1,049,000	$1,030,000	4	2.1	3335	DETACHD	29
17196 KELOK RD	$1,199,000	$1,050,000	5	3.1	4384	DETACHD	169
3600 PIPER CT	$1,050,000	$1,110,000	5	3.1	4549	DETACHD	4
1156 CHERRY LN	$1,345,000	$1,175,000	5	3.1	4084	DETACHD	79
2120 GLENMORRIE DR	$1,298,000	$1,298,000	4	3.1	4293	DETACHD	125
701 4TH ST	$1,499,000	$1,450,000	3	2.1	2913	DETACHD	43
17495 KELOK RD	$1,600,000	$1,475,000	3	2.1	3282	DETACHD	101
1188 CHERRY CIR	$2,198,000	$2,050,000	5	6.1	8772	DETACHD	550
16649 MAPLE CIR	$3,095,000	$2,730,875	4	3	2714	DETACHD	154

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.

February 25, 2021

Market Activity February 15-22, 2021

I think that the fact that our current real estate market is lacking inventory is pretty well known. There are many more buyers trying to buy homes than there are homes for sale. Preparing this market activity report a first has happened. Last week in Lake Oswego there was just one new listing. In all of the many years that Linda and I have been writing the blotter, I don’t recall that this has happened before. Hopefully it’s just a fluke and in the coming weeks the inventory will start to build up to meet the spring demand. Last week there were also 12 properties that accepted offers and went into pending status, as well as 18 closed/sold houses.

See below for RMLS data explanations

New on the market February 15-22, 2021

Address	Type	Price	BR	Baths	Sq Ft
4832 Redwing Way	Detached	$599,900	3	2	1472

Pending sales February 15-21, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
100 Kerr Pkwy #5	Condo	$169,000	1	1	617	171
3930 Lake Grove Ave 1B	Condo	$215,000	2	1	958	11
4320 Botticelli ST #11	Attached	$309,900	2	2.5+.5	2260	18
16880 Cortez Ct	Detached	$599,900	3	3	2313	3
5091 Tualata Ln	Detached	$625,000	3	2	1500	6
853 E Ave	Detached	$650,000	2	1	750	6
19603 River Run Dr	Detached	$800,000	4	2.5	2656	6
15606 Manchester Dr	Detached	$849,900	3	2.5	2656	3
1920 Park Forest Ave	Detached	$1,125,000	3	3	2679	19
17884 Kelok Rd	Detached	$1,229,000	4	3.5	4124	19
2230 Wembley Park Rd	Detached	$1,785,000	5	4.5	4607	36
907 Terrace Dr	Detached	$2,875,000	6	4.5+.5+.5	7296	128

Closed/Sold February 15-22, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
3872 Botticelli St	Condo	$289,900	$293,000	1171	124
16250 Pacific Hwy #59	Condo	$319,000	$319,000	1,305	9
5225 Jean Rd #510	Condo	$305,000	$335,000	1100	5
750 1st St E34	Condo	$335,000	$335,000	1350	3
16250 Pacific Hwy #73	Condo	$319,000	$341,000	1305	87
18667 Benfield Ave	Detached	$485,000	$529,000	1414	5
17104 Canal Circle	Detached	$650,000	$625,000	1416	36
1427 Greentree Circle	Detached	$605,000	$650,000	2239	5
17160 Wall St	Detached	$850,000	$888,000	3246	2
2145 Summit Dr	Detached	$1,000,000	$1,000,000	3111	48
4146 Chad Dr	Detached	$1,099,900	$1,030,000	3637	143
54 Wilbur St	Attached	$1,247,000	$1,170,000	3600	79
18460 Ray Ridge Dr	Detached	$1,249,000	$1,224,000	3769	34
72 Nansen Summit	Detached	$1,369,000	$1,240,000	4485	7
978 10th St	Detached	$1,495,000	$1,400,000	2578	25
3175 Douglas Circle	Detached	$1,425,000	$1,500,000	5400	3
13594 Goodall Rd	Detached	$1,700,000	$1,700,000	3732	0
16470 Phantom Bluff Ct	Detached	$2,695,000	$2,684,515	5188	11

February 17, 2021September 11, 2022

Market Activity ~ Feb 8-14, 2021

This last week we saw 6 properties come onto the market, 15 move to Pending status, and 7 Closed/Sold. There are currently a whopping 47 homes on the market in Lake Oswego.

NEW Feb 8-14, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
3930 LAKE GROVE AVE, #1B	$215,000	2	1	956	CONDO
5091 TUALATA LN	$625,000	3	2	1500	DETACHD
4846 LOWER DR	$812,900	5	3	2655	DETACHD
1255 Bickner ST	$1,235,000	4	2.1	2764	DETACHD
419 7TH ST	$1,350,000	4	2.1	2813	DETACHD
769 4TH ST	$1,965,000	5	3.1	3922	DETACHD

PENDING Feb 8-14, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
4000 CARMAN DR #47	$259,900	2	2	993	CONDO	4
3433 MCNARY PKWY #501	$269,900	2	2.1	1136	CONDO	3
1538 PINE ST	$515,000	3	2	1575	DETACHD	3
578 2ND ST	$539,900	2	2.1	1361	PLNCOMM	6
6210 CHILDS RD	$699,000	3	2	1433	DETACHD	2
5172 GREENSBOROUGH CT	$719,000	4	2.1	2184	DETACHD	86
4580 TRILLIUM WOODS	$739,900	3	2.1	1992	ATTACHD	10
876 SUNNY HILL DR	$850,000	4	2.1	2164	DETACHD	4
2318 HILLSIDE LN	$899,995	5	3.1	3258	DETACHD	8
2574 PALISADES CREST DR	$975,000	5	2.2	4563	DETACHD	22
13204 DEERFIELD CT	$1,050,000	4	2.1	3406	DETACHD	4
5686 LA MESA CT	$1,225,000	4	3.1	3840	DETACHD	1
16364 IVY LN	$1,445,950	5	3.1	4862	DETACHD	282
892 8TH ST	$1,450,000	4	3.1	2872	DETACHD	7
743 6TH ST	$1,915,000	5	3.1	3922	DETACHD	254

SOLD Feb 8-14, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #50	$210,000	$208,650	2	1	932	CONDO	37
16 AQUINAS ST	$525,000	$555,000	3	2.1	1720	DETACHD	1
3595 UPPER DR	$629,000	$645,000	3	2	1420	DETACHD	4
4515 OAKRIDGE RD	$685,000	$685,000	3	2.1	1981	ATTACHD	54
1111 C AVE	$1,549,000	$1,500,000	4	3.1	3354	DETACHD	141
1547 GLENMORRIE DR	$1,995,000	$1,910,000	4	3.1	4042	DETACHD	129
4357 SOUTHSHORE BLVD	$2,995,000	$2,600,000	5	5.1	5220	DETACHD	152

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.

February 12, 2021

Market Activity February 1-7, 2021

Inventory remains very low with only 7 new listings coming onto the market last week. This in comparison to 17 houses that went pending and 16 closed sales. In my mind, demand is about twice the available inventory. This is leading to multiple offer situations and, in many instances, houses selling for more than the asking price. It’s a fantastic time to put your house on the market!

See below for an explanation of the RMLS data.

New on the Market February 1-7, 2021

Address	Type	Price	BR	Baths	Sq Ft
4000 Carman Dr #47	Condo	$259,900	2	2	993
4320 Botticelli St #11	Attached	$309,900	2	2.5+.5	2260
12645 Boones Ferry Rd	Detached	$799,950	5	2	3038
2318 Hillside Ln	Detached	$899,995	5	3.5	3258
5 Mountain View Ln	Detached	$925,000	5	3.5	3850
15420 Boones Way	Attached	$1,345,000	3	2.5	3364
892 8th St	Detached	$1,450,000	4	3.5	2872

Pending sales February 1-7, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
668 McVey Ave #44	Condo	$219,000	1	1	636	80
1661 Woodland Terr	Detached	$729,000	3	2.5	3082	2
16570 Inverurie Rd	Detached	$799,000	5	4	3218	174
16715 Ford PL	Detached	$837,000	3	2.5	3171	3
1216 Spruce St	Detached	$840,000	3	2.5	2066	101
17601 Woodhurst Pl	Detached	$1,125,000	4	2.5	3179	4
6485 Mission Ct	Detached	$1,189,000	4	3.5	3133	67
1483 Woodland Terr	Detached	$1,199,999	5	4	3135	9
2120 Glenmorrie Dr	Detached	$1,298,000	4	3.5	4293	0
15444 Boones Way	Attached	$1,350,000	3	2.5	3488	3
16233 Bonaire Ave	Detached	$1,395,000	5	3	3460	1
4160 Lakeview Blvd	Detached	$1,598,000	4	3.5+.5	3904	6
2230 Wembley Park Rd	Detached	$1,785,000	5	4.5	4607	27
13585 Goodall Rd	Detached	$1,900,000	4	3.5	4282	18
1132 Troon Rd	Detached	$2,575,000	4	3.5	4165	101
16470 Phantom Bluff Ct	Detached	$2,695,000	4	4.5	5188	11
1527 Lake Front Rd	Detached	$3,999,000	5	6.5	7220	113

Sold/closed February 1-7, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
76 Cervantes Circle	Condo	$227,000	$234,300	912	4
4000 Carman Dr C49	Condo	$315,000	$325,000	1,004	5
937 Country Club Rd	Detached	$503,500	$427,000	1650	91
456 5th St	Condo	$450,000	$440,000	1092	1
18964 Redwing Way	Detached	$549,950	$580,000	1406	24
4380 Douglas Way	Detached	$599,950	$599,950	1364	62
1771 Campus Way	Detached	$738,000	$738,000	3277	3
151 C Ave	Attached	$775,000	$765,000	1934	112
4890 Sage Hen Circle	Detached	$799,900	$770,000	2832	74
19428 Kokanee Ct	Detached	$769,000	$800,000	2792	6
4264 West Bay Rd	Detached	$799,000	$800,000	1308	2
5322 Carman Grove Ln	Detached	$899,000	$838,000	2615	65
730 8th St	Detached	$865,000	$901,000	2395	4
2591 Palisades Crest Dr	Detached	$1,219,000	$1,085	4916	110
16234 Waluga Dr	Detached	$1,395,000	$1,340	3130	86
136000 Goodall	Detached	$2,590,000	$2,350	6612	206

January 29, 2021

Market Activity Jan 18-24, 2021

The real estate market is really heating up. Buyers are out in hordes wanting to take advantage of the lowest interest rates in decades. They have gotten themselves pre-approved and are ready to go. The issue is, inventory is incredibly low. For every property that comes on the market, there are half a dozen buyers ready to buy. The result? Houses are selling fast, often with multiple offers. It is very much a sellers market. With multiple offers houses are frequently selling at or over the list price. So yes, this late winter and spring market truly is an amazing time to sell your house.

In Lake Oswego last week we had 6 properties come onto the market, 12 move into pending status with an accepted offer, and 16 closed sales.

See below for RMLS data and an explanation of this chart.

New on the Market Jan 18-24, 2021

Address	Type	Price	BR	Baths	Sq Ft
16250 Pacific Hwy #59	Condo	$319,000	2	2	1305
2574 Palisades Crest Dr	Detached	$975,000	4	2.5+.5	4563
17311 Canyon Dr	Detached	$1,099,500	6	3	5376
667 Lake Bay Ct	Detached	$1,899,900	4	3.5	3616
1340 Cherry Ln	Detached	$2,145,000	4	4.5+.5	5922
16470 Phantom Bluff Ct	Detached	$2,695,000	4	4.5	5188

Pending sales Jan 18-24, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
5225 Jean Rd #510	Condo	$305,000	2	2	1100	5
456 5th St	Condo	$450,000	2	1.5	1092	1
1238 Laurel St	Detached	$524,900	3	2	1485	2
1920 Southshore Blvd	Detached	$569,900	3	2	1313	8
6126 Frost Ln	Detached	$749,000	5	3	2497	9
4264 West Bay Rd	Detached	$799,000	3	2	1308	2
4850 Lower Dr	Detached	$825,000	4	3	2700	11
2145 Summit Dr	Detached	$1,000,000	4	2.5+.5	3111	48
975 Schukart Ln	Detached	$1,198,000	4	2.5	4449	350
16234 Waluga Dr	Detached	$1,349,000	5	3.5	3130	86
701 4th St	Detached	$1,450,000	3	2.5	2786	43
3735 Upper Dr	Detached	$2,000,000	4	4	4056	137

Closed/Sold Jan 18-24, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
42 Cervantes Circle	Condo	$189,000	$185,000	912	4
7200 Montauk Circle	Condo	$219,900	$228,000	968	3
47 Eagle Crest Dr #62	Condo	$249,000	$233,000	1026	77
668 McVey Ave #85	Condo	$274,900	$290,000	992	4
4047 Jefferson Pkwy	Condo	$330,000	$346,000	1228	1
27 Bloch Terr	Attached	$425,000	$442,000	1972	3
15012 Twin Fir Rd	Detached	$599,900	$610,000	3372
18861 Indian Springs Circle	Detached	$635,000	$645,000	1649	2
17012 Crestview Dr	Detached	$699,000	$699,000	2750	4
5228 Lower Dr	Detached	$850,000	$839,950	2723	101
802 Clara Ct	Detached	$850,000	$875,000	2886	3
3000 Brookside Rd	Detached	$999,950	$950,000	1600	50
6 Essex Ct	Detached	$998,000	$998,000	4338	42
5055 Lakeview Blvd	Detached	$1,298,000	$1,245,000	3607	28
1200 Lake Garden Ct	Detached	$1,400,000	$1,400,000	3347	16
3509 Lanewood St	Detached	$1,799,000	$1,790,900	3830	114

January 24, 2021September 11, 2022

News & Notes ~ Dec 2020 Year-End Report

Here is your look at the most recent data for the entire Portland area (Dec2020 + Year-End) and how Lake Oswego fits in to this picture just below.

Overview/Fluctuations ~ Market Data Dec 2020:

Inventory is now at a stunning 0.8 months of supply in the Portland area. So… still lower than its ever been and getting lower, apparently, with Buyers out en force competing over existing Properties for sale. Rates right now are hovering at or a little under 3.0%.

The twelve months of 2019 compared to 2020:

New Listings, (38,442) decreased 5.2%. Pending Sales (32,849) increased 7.9%, and Closed Sales (32,031) increased 7.8%.

By Comparison, Twelve months of 2018 as compared to 2019 from last year’s December report read: New Listings (40,579) decreased 1.7%, Pending Sales (30,430) increased 2.1% and Closed Sales (29,700) decreased 0.2%.

According to the RMLS Market Action Report for the Portland Metro Area, Dec. 2020:

There were 1,740 New Listings in Dec 2020 increased 37% from Dec of 2019’s 1,270, and decreased a whopping 22.3% from the previous month/Nov’s 2,238.
At 2,789, Dec 2020’s Closed Sales are up 26% from Dec 2019’s 2,213, and also up 1.6% from the previous month/Nov 2020’s total of 2,745
At 2,003, Dec 2020’s Pending Sales are up 13% from Dec 2019’s 1,772, and dropped 21.7% from the previous month/Nov 2020’s total of 2,557.
The Average Sale Price in Dec 2020 of $514,000 is up $56,300 from last year/Dec2019’s $457,700, and down $7,200 from the previous month/Nov 2020’s $521,200. YTD increase is 7.6%.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Dec 2020 of $455,000 rose from last year/Dec2019’s $405,000 by $50,000, and decreased 2,000 from the previous month/Nov 2020’s $457,000. YTD increase is 7.3%.

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn for the month of December 2020 reported:

114 Active Listings (Nov 177) (Dec 2019: 223)
73 New Listings (Nov 104) (Dec 2019: 50)
110 Pending Sales (Nov 106) (Dec 2019: 70)
137 Closed Sales (Nov 166) (Dec 2019: 107)
Average Sale Price for Dec: $845,700 (Nov $822,000) (Dec 2019: $732,400)
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
60 Average Days on the Market (Nov 50)

January 21, 2021September 11, 2022

Market Activity ~ Jan 11-17, 2021

Last week Lake Oswego saw 6 properties enter the market, 19 proceed to Pending status, and 20 Closed/Sold. Right now there are a whopping 64 beautiful properties available in Lake Oswego.

NEW Jan 11-17, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
1790 CONIFER DR	$539,000	2	1	1003	DETACHD
116 MIDDLECREST RD	$1,390,000	4	3	2545	DETACHD
3555 LAKE GROVE AVE	$1,535,000	4	2.1	3433	DETACHD
2230 WEMBLEY PARK RD	$1,785,000	5	4.1	4607	DETACHD
1688 LESLIE LN	$1,898,000	4	4.1	5540	DETACHD
13585 GOODALL RD	$1,900,000	4	3.1	4282	DETACHD

PENDING Jan 11-17, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
45 EAGLE CREST DR #210	$199,000	1	1	780	CONDO	23
47 EAGLE CREST DR #50	$210,000	2	1	932	CONDO	37
4000 CARMAN DR, C49	$315,000	2	1.1	1004	CONDO	5
241 CERVANTES / Upper	$400,000	2	2	1382	CONDO	3
16 AQUINAS ST	$525,000	3	2.1	1720	DETACHD	1
13777 REGENCY CT	$585,000	2	2	2015	DETACHD	24
18975 OLSON AVE	$600,000	6	3	3569	DETACHD	5
1427 GREENTREE CIR	$605,000	3	2	2239	DETACHD	5
4515 OAKRIDGE RD	$685,000	3	2.1	1981	ATTACHD	54
1202 SPRUCE ST	$735,000	2	2.1	1706	DETACHD	84
6 YORICK ST	$799,950	5	3	3116	DETACHD	83
5322 CARMAN GROVE LN	$849,900	3	2.1	2615	DETACHD	65
17160 WALL ST	$850,000	4	3	3246	DETACHD	2
730 8TH ST	$865,000	4	3	2395	DETACHD	4
5775 DOGWOOD DR	$1,679,000	4	3.1	4003	DETACHD	3
13594 GOODALL RD	$1,700,000	4	4.1	3732	DETACHD	320
17313 BLUE HERON RD	$1,968,000	4	3.1	3454	DETACHD	431
1188 CHERRY CIR	$2,198,000	5	6.1	8772	DETACHD	550
13600 GOODALL RD	$2,460,000	6	6.1	6612	DETACHD	206

SOLD Jan 11-17, 2021

Address	Opening Price	Close Price	# Beds	# Baths	Total SF	Prop Type	CDOM
30 OSWEGO SMT, Bldg 4	$198,500	$197,000	1	1	700	CONDO	78
4 TOUCHSTONE #85	$219,000	$197,450	3	2.1	1351	CONDO	47
4000 CARMAN DR #79	$270,000	$257,000	2	2	993	CONDO	53
2061 BONNIEBRAE DR	$405,000	$390,000	3	2.1	1687	ATTACHD	27
16342 KIMBALL ST	$525,000	$498,000	3	1.1	1250	DETACHD	70
1101 HEMLOCK ST	$589,875	$579,900	3	2.1	2213	DETACHD	137
15677 FIELDSTONE DR	$798,950	$650,000	3	2.1	2527	DETACHD	156
18150 BRYANT RD	$590,000	$650,000	3	2	1468	DETACHD	8
314 2ND ST	$740,000	$725,000	3	3.1	1815	CONDO	38
1604 COUNTRY CLUB RD	$800,000	$760,000	4	3.1	3878	DETACHD	34
17970 MEADOWLARK LN	$899,000	$926,250	4	3	3640	DETACHD	1
2349 OAKHURST LN	$935,000	$950,000	4	2.1	3548	DETACHD	8
14144 GOODALL RD	$950,000	$972,000	5	3	3701	DETACHD	157
14521 UPLANDS DR	$1,150,000	$1,150,000	4	3	3520	DETACHD	0
5087 LAKEVIEW BLVD	$1,200,000	$1,200,000	4	3.1	2957	DETACHD	0
488 7TH ST	$1,395,000	$1,395,000	3	2.1	2801	DETACHD	0
17677 WESTVIEW DR	$1,699,000	$1,640,000	5	4.1	5531	DETACHD	115
2510 WEMBLEY PARK RD	$1,895,000	$1,820,000	4	3.1	4868	DETACHD	65
1287 CHERRY LN	$2,595,000	$2,630,000	5	4.1	5312	DETACHD	110
13201 KNAUS RD	$3,500,000	$3,000,000	4	3	3300	DETACHD	0

January 16, 2021September 11, 2022

Market Activity January 4-10, 2021

The holidays are behind us and we are beginning to see the pick up of the real estate market. There is still a shortage of new listings with only 6 properties that came onto the market last week. However, we had 19 properties that received and accepted an offer. That’s a demand that is 3 times higher than the new inventory. This makes makes for a strong seller’s market. We also had 11 properties that sold/closed. Expect these numbers to all increase in the coming weeks.

See below for a breakdown of the RMLS data.

New on the Market January 4-10, 2021

Address	Type	Price	BR	Baths	Sq Ft
26 Cervantes Circle	Condo	$261,900	2	1.5	1107
4000 Carman Dr C49	Condo	$315,000	2	1.5	1004
1427 Greentree Circle	Detached	$605,000	3	2	2239
13198 Peters Rd	Detached	$675,000	3	2	2630
4850 Lower Dr	Detached	$825,000	4	3	2700
151 3rd St	Condo	$,750,000	3	2.5	3278

Pending January 4-10, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
42 Cervantes Circle	Condo	$189,000	2	1.5	912	4
4 Touchstone #85	Condo	$219,000	3	2.5	1351	9
76 Cervantes Circle	Condo	$227,000	2	1.5	912	4
3872 Botticelli St	Condo	$299,000	3	2	1171	124
750 1st St #26	Condo	$350,000	2	2	1350	49
5061 Foothills Dr G	Condo	$354,900	2	2	991	2
27 Bloch Terr	Attached	$425,000	3	2.5	1972	3
15012 Twin Fir Rd	Detached	$549,900	7	2.5+.5+.5	3372	14
1599 Oak ST	Detached	$659,900	4	2.5	2468	31
314 2nd St	Condo	$730,000	3	3.5	1815	38
19428 Kokanee Ct	Detached	$769,000	4	2.5	2792	6
5173 Woodcrest Ln	Detached	$850,000	5	3	3220	2
5513 Rachel Ln	Detached	$1,049,000	4	2.5	3335	29
4146 Chad Dr	Detached	$1,049,900	4	2.5	3637	143
17196 Kelok Rd	Detached	$1,099,000	5	3.5	4348	169
54 Wilbur St	Attached	$1,195,000	3	3.5	3600	79
72 Nansen Summit	Detached	$1,368,000	4	2.5	4485	7
17495 Kelok Rd	Detached	$1,600,000	3	2.5	3282	101
17561 Lake Haven Dr	Detached	$1,795,000	5	3.5	3879	0

Sold/Closed January 4-10, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
4640 Lower Dr	Condo	$279,900	$279,900	1170	11
16191 Lake Forest Blvd	Detached	$424,999	$433,000	864	4
17561 Lake Haven Dr	Detached	$500,000	$500,000	1100	0
14150 Goodall Rd	Detached	$525,000	$545,000	1745	3
17088 Rebecca Ln	Detached	$650,000	$640,000	2558	59
4984 Bilford Ln	Detached	$750,000	$712,500	2629	35
6123 Frost Ln	Detached	$789,900	$759,900	2331	21
14360 Trillium Ct	Detached	$927,000	$845,500	3558	122
6155 McEwan Rd	Detached	$1,250,000	$1,145	3728	36
859 F Ave	Detached	$1,379,000	$1,345	3210	5
587 2nd St	Condo	$1,675,000	$1,475	2250	40

January 7, 2021September 11, 2022

Market Activity ~ Dec 14, 2020-Jan3, 2021

Welcome to 2021!

Dianne and I hope this finds you well and happy, and that you and yours have been able to enjoy some cozy holiday time.

Now we’re moving into 2021. Our report this week is covering the 3-week period during the holidays. Only 3 properties braved entering the market during that time, and/but 32 properties moved into Pending status, and a whopping 48 Sold/Closed.

Here’s the breakdown for you:

NEW Dec 14, 2020-Jan 3, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
45 EAGLE CREST DR #210	$199,000	1	1	780	CONDO
72 NANSEN SMT	$1,369,000	4	2.1	4485	DETACHD
14080 GOODALL RD	$2,395,000	5	4.2	6005	DETACHD

PENDING Dec 14, 2020-Jan 3, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
45 EAGLE CREST DR #212	$179,000	1	1	780	CONDO	90
7200 SW MONTAUK CIR / Grnd	$219,900	2	1	968	CONDO	3
4606 LOWER DR / Upper	$260,000	2	1.1	1170	CONDO	32
4000 CARMAN DR #79	$270,000	2	2	993	CONDO	53
3812 BOTTICELLI ST	$319,995	3	2	1194	CONDO	41
4047 JEFFERSON PKWY	$330,000	3	2.1	1228	CONDO	1
2061 BONNIEBRAE DR	$397,500	3	2.1	1687	ATTACHD	27
5 SUMMIT RIDGE CT	$415,000	2	2.1	1576	ATTACHD	101
43 ORIOLE LN	$475,000	2	2	1810	DETACHD	78
937 COUNTRY CLUB RD	$478,400	2	1	1650	DETACHD	91
5859 KENNYCROFT WAY	$499,900	3	1.1	1205	DETACHD	4
18964 REDWING WAY	$549,950	3	1.1	1406	DETACHD	24
18150 BRYANT RD	$590,000	3	2	1468	DETACHD	8
4380 DOUGLAS WAY	$599,950	3	2	1364	DETACHD	62
3595 UPPER DR	$629,000	4	2	1725	DETACHD	4
17012 CRESTVIEW DR	$699,000	5	4	2750	DETACHD	4
4584 TRILLIUM WOODS	$724,900	3	2.1	2179	ATTACHD	44
151 C AVE	$775,000	2	2.1	1934	ATTACHD	112
4890 SAGE HEN CIR	$789,900	4	2.1	2832	DETACHD	74
252 GREENWOOD RD	$824,900	5	2	3834	DETACHD	5
5228 LOWER DR	$839,950	3	2.1	2723	DETACHD	101
5590 LUCE LN	$950,000	5	4	3374	DETACHD	6
6 ESSEX CT	$998,000	4	4	4338	DETACHD	42
2591 PALISADES CREST DR	$1,160,000	3	2.1	4916	DETACHD	110
6407 MISSION CT	$1,239,000	4	3.1	3623	DETACHD	1
18460 RAY RIDGE DR	$1,249,000	4	2.1	3769	DETACHD	34
18024 EASTRIDGE LN	$1,289,000	5	3.1	3781	DETACHD	580
1200 LAKE GARDEN CT	$1,295,000	4	3	3347	DETACHD	16
17680 Stafford RD	$1,299,000	5	2.1	3804	DETACHD	185
978 10TH ST	$1,449,000	3	3	2578	DETACHD	25
1111 C AVE	$1,469,000	4	3.1	3354	DETACHD
3509 LANEWOOD ST	$1,800,000	4	4	3830	DETACHD	114

SOLD Dec 14, 2020-Jan 3, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
44 EAGLE CREST DR #17	$199,900	$185,000	1	1	798	CONDO	16
200 BURNHAM RD #303	$257,000	$242,132	2	1	1200	CONDO	144
20 CERVANTES CIR	$290,000	$260,000	2	1.1	912	CONDO	30
45 EAGLE CREST DR #100	$295,000	$280,000	3	2	1537	CONDO	18
71 CONDOLEA WAY	$425,000	$415,000	3	3	2131	CONDO	88
1402 PARRISH ST	$469,000	$445,000	3	2.1	1863	CONDO	83
13679 JOHNSON TER	$515,000	$514,860	2	1	917	DETACHD	6
14402 SHERBROOK PL	$530,000	$515,000	3	2.1	1976	DETACHD	43
6270 Shakespeare ST	$495,000	$527,000	3	1	1009	DETACHD	3
4362 GALEWOOD ST	$558,000	$543,000	3	2.1	1684	DETACHD	25
69 CONDOLEA TER	$555,000	$549,650	2	2.1	2262	CONDO	100
29 WALKING WOODS DR	$579,900	$579,900	3	2	2311	DETACHD	71
5204 ROSEWOOD ST	$599,000	$621,000	3	2.1	1683	DETACHD	3
621 9TH ST	$649,000	$654,000	2	2	2214	DETACHD	11
14 INDEPENDENCE AVE	$684,900	$660,000	5	3	3296	DETACHD	191
17950 MEADOWLARK LN	$649,000	$675,000	5	3	2727	DETACHD	97
18863 INDIAN SPRINGS RD	$699,900	$700,000	4	3	2001	DETACHD	2
1227 ASH ST	$700,000	$717,000	3	2	2151	DETACHD	4
9 SPINOSA	$725,000	$725,000	2	2.1	2250	DETACHD	29
19 WESTRIDGE DR	$765,000	$745,000	4	2.1	3711	DETACHD	28
2395 GREENTREE RD	$779,900	$750,000	5	2.1	2777	DETACHD	15
5722 SOUTHWOOD DR	$765,000	$776,000	4	2.1	2919	DETACHD	3
619 CLARA CT	$789,000	$789,000	4	2.1	2958	DETACHD	0
2765 GLEN HAVEN RD	$749,900	$790,000	4	2.1	2277	DETACHD	5
5338 ROYAL OAKS DR	$819,000	$800,000	4	2.1	2720	DETACHD	67
20 Nansen Summit	$749,900	$800,000	4	3.1	3768	DETACHD	2
13456 PROVINCIAL HILL WAY	$840,000	$805,000	3	2.1	3071	DETACHD	69
6435 MCDUFF CT	$975,000	$890,000	5	3.1	3424	DETACHD	65
14218 KIMBERLY CIR	$916,500	$899,500	4	2.1	3272	DETACHD	22
5239 MADRONA ST	$885,000	$905,000	3	3	2881	DETACHD	4
49 HILLSHIRE DR	$939,900	$915,000	4	3.1	4268	DETACHD	113
17215 LOWENBERG TER	$995,950	$925,000	4	2.1	2934	DETACHD	89
2934 TOLKIEN LN	$974,800	$985,000	5	3.1	3851	DETACHD	11
1816 PALISADES LAKE CT	$1,200,000	$1,025,000	3	2.1	4598	DETACHD	104
16791 SYLVAN CT	$1,075,000	$1,100,000	5	3.1	4137	DETACHD	1
2148 Summit DR	$1,295,000	$1,157,500	5	2.1	3883	DETACHD	104
13768 KNAUS RD	$1,180,000	$1,200,000	3	2	2480	DETACHD	4
18375 RIVER EDGE LN	$1,185,000	$1,265,000	4	2.1	3512	DETACHD	51
3131 WEMBLEY PARK RD	$1,395,000	$1,325,000	4	3.1	3597	DETACHD	147
18020 MEADOWLARK LN	$1,350,000	$1,345,000	5	4	4217	DETACHD	4
629 5TH ST	$1,475,000	$1,365,000	4	2.1	2985	DETACHD	64
14005 GOODALL RD	$1,800,000	$1,500,000	4	3.1	4809	DETACHD	207
490 G AVE	$1,450,000	$1,507,600	4	3.1	2977	DETACHD	1
16877 CANYON DR	$1,629,900	$1,633,086	4	4	3771	DETACHD	21
16881 CANYON DR	$1,629,900	$1,636,986	4	4	3854	DETACHD	4
527 NORTHSHORE RD	$1,800,000	$1,744,000	3	2	2433	DETACHD	20
1037 LAKE FRONT RD	$2,100,000	$2,100,000	3	3	2700	DETACHD	0
961 TERRACE DR	$2,899,000	$2,460,000	5	4.2	6016	DETACHD	213