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 June 2021:
New Listings and Closings increased in June, and/but Accepted Offers (Pendings) decreased from last year’s June figures as well as last month /May.
Inventory rose a whopping .1% in June (ha ha). We’re still at record (record) lows. While we’re talking records, check out those neighborhood appreciation levels below. Just wow.
My trusted mortgage advisor says rates are down a bit to 3.0%! Fed is indicating that they’ll continue to support the markets as the job picture improves.
According to the RMLS Market Action Report for the Portland Metro Area, June 2021:
There were 4,298 New Listings in June 2021 increased 17.5% over April 2020’s 3,658 and increased 8.2% from the previous month/May’s 3,971.
At 3,477, June 2021’s Closed Sales are up 28.3% from June 2020’s 2,709, and also up 9.2% from the previous month/May’s total of 3,183
At 3,534, June 2021’s Pending Sales decreased 3.3% from June 2020’s 3,654, and also dropped 4.9% from the previous month/May’s total of 3,717.
The Average Sale Price in June 2021 of $597,100 is up $117,400 from last year/June2020’s $479,700, and up $14,900. from the previous month/May’s $582,200.
The “Median” Sale Price (the price smack dab in the middle of all sales) in June 2021 of $521,000 rose $86,000 from last year/June 2020’s $435,000, and also increased $6,000 from the previous month/May’s $515,000.
LAKE OSWEGO
146 Active Listings (May 129)
262 New Listings (May 222)
202 Pending Sales (May223)
229 Closed Sales (May 199)
Average Sale Price for June: $1,018,100 (May $928,300)
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 there were 14 properties entering the market, 25 moving to Pending/accepted contract, and 20 that Sold/Closed. here is the latest according to RMLS:
NEW July 12-18, 2021
Address
List Price
# Beds
# Baths
Total SF
Prop Type
29 CRESTFIELD CT / Grnd
$249,900
2
2
989
CONDO
36 CRESTFIELD CT / Upper
$295,000
2
1
921
CONDO
18281 WOOD THRUSH CIR
$715,000
4
2.1
2240
DETACHD
2697 LOOKOUT CT
$720,000
3
2
2219
DETACHD
1430 LARCH ST
$815,000
3
3
2312
DETACHD
4 SHERWOOD CT
$825,000
4
2.1
2870
DETACHD
3065 ROYCE WAY
$835,000
4
2.1
2726
DETACHD
14121 REDWOOD CT
$969,900
4
3.1
2827
DETACHD
1535 PINE ST
$1,100,000
3
2.1
2390
DETACHD
427 9TH ST
$1,199,000
5
3.1
3250
DETACHD
45 NANSEN SMT
$1,250,000
4
4.1
5874
DETACHD
12730 ADRIAN CT
$1,295,000
4
2.1
3014
DETACHD
732 ELLIS AVE
$2,350,000
4
2.1
3482
DETACHD
17475 BLUE HERON RD
$3,995,000
5
5.1
5787
DETACHD
PENDING July 12-18, 2021
Address
List Price
# Beds
# Baths
Total SF
Prop Type
CDOM
45 EAGLE CREST DR #49
$249,900
2
2
1214
CONDO
5
163 OSWEGO SMT / Upper
$285,000
2
2
1506
CONDO
2
4041 JEFFERSON PKWY
$289,000
1
1.1
1060
CONDO
4
16250 PACIFIC HWY #41
$360,000
2
2
1380
CONDO
20
6135 SHAKESPEARE ST
$549,900
4
2
1656
DETACHD
21
16501 LAKE FOREST BLVD
$550,000
3
1
1429
DETACHD
28
31 ORIOLE LN
$569,000
3
3
1968
DETACHD
4
17902 TAMARA AVE
$569,900
4
2
2082
DETACHD
4
6545 SW Childs RD
$600,000
6
4
3134
DETACHD
1
23 FALSTAFF ST
$629,000
3
2
1435
DETACHD
38
18811 REAO CT
$639,900
3
2.1
1916
DETACHD
7
6227 WAYZATA CT
$649,999
3
1.1
1232
DETACHD
7
5880 ROCKWOOD CT
$656,500
3
2
1772
DETACHD
2
4 PIMLICO TER
$690,000
3
2
2100
DETACHD
3
9 SPINOSA
$749,000
2
2.1
2250
DETACHD
5
1811 KILKENNY DR
$758,000
4
3
3794
DETACHD
0
17802 HILLSIDE WAY
$779,800
4
2.1
3026
DETACHD
23
759 TIMBERLINE DR
$825,000
4
3
2928
DETACHD
21
16933 GREENTREE AVE
$874,900
4
2.1
2276
DETACHD
28
3333 ROYCE WAY
$949,900
3
2.1
2896
DETACHD
7
18320 DELENKA LN
$995,000
4
2.1
4519
DETACHD
67
17649 WOODHURST PL
$1,198,000
5
4.1
5669
DETACHD
103
4210 VIRGINIA WAY
$1,489,000
4
4.1
3508
DETACHD
58
19395 HILL TOP RD
$1,575,000
5
3.2
4788
DETACHD
4
13700 FIELDING RD
$4,998,000
5
4.2
5802
DETACHD
3
SOLD July 12-18, 2021
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
23 CRESTFIELD CT / Grnd
$199,000
$220,000
1
1
689
CONDO
2
4 TOUCHSTONE #123
$215,000
$225,000
3
2.1
1351
CONDO
26
45 EAGLE CREST DR #311
$245,000
$260,000
2
2
1046
CONDO
2
4000 CARMAN DR, E80
$289,000
$289,000
2
2
993
CONDO
28
3892 BOTTICELLI ST / Main
$303,500
$305,000
3
2
1288
CONDO
4
5691 WINDFIELD LOOP
$599,000
$594,000
3
2
1588
DETACHD
6
16775 WESTVIEW DR
$629,000
$693,000
3
2
1806
DETACHD
4
13019 SIERRA CT
$819,000
$805,000
4
2.1
2522
DETACHD
8
19001 BARTON RD
$899,000
$830,000
4
2.1
2194
DETACHD
13
18343 ANDUIN TER
$995,000
$970,000
4
2.1
3000
DETACHD
19
5774 BAY POINT DR
$1,195,000
$1,119,000
5
2.1
3674
DETACHD
25
18711 WESTVIEW DR
$1,195,000
$1,200,000
4
3.1
3592
DETACHD
6
5024 DOGWOOD DR
$1,195,000
$1,358,000
4
3.1
3267
DETACHD
2
4640 DOGWOOD DR
$1,550,000
$1,400,000
4
4
4142
DETACHD
9
560 4TH ST
$1,449,000
$1,450,000
3
4.1
3186
ATTACHD
23
3729 ELEANOR CT
$1,598,000
$1,500,000
4
4.1
4061
DETACHD
9
18031 MEADOWLARK LN
$1,585,000
$1,525,000
4
3.1
3798
DETACHD
5
853 D AVE
$1,950,000
$1,812,500
4
3.1
5137
DETACHD
56
1845 PALISADES TERRACE DR
$3,650,000
$2,990,000
3
2.1
2674
DETACHD
17
1125 MAPLE ST
$3,900,000
$3,650,000
4
3.1
6254
DETACHD
82
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.
Last weeks market activity appears to have been more balanced with 19 new listings, 18 pending sales, and 23 closed/sold properties. The fact that the pending numbers were fewer than the new listings my have been a result of the July 4th holiday. It’s too soon to know if this is some sort of trend.
See below for RMLS data.
New on the market July 5-11, 2021
Address
Type
Price
BR
Baths
Sq Ft
200 Cervantes
Condo
$289,000
3
1.5
1138
12 Oswego Summit
Condo
$300,000
2
2
1140
1 Peacock Pl
Detached
$529,000
3
2.5
1336
4980 Galen St
Attached
$589,000
2
2.5
1552
18811 Reao Ct
Detached
$639,900
3
2.5
1916
6227 Wayzata Ct
Detached
$649,999
3
1.5
1232
15115 Quarry Rd
Detached
$650,000
4
3
2865
49 Da Vinci St
Detached
$739,000
3
2
2351
18260 Indian Creek Dr
Detached
$759,000
3
2
2082
17730 Marylbrook Dr
Detached
$850,000
3
2.5
2951
4222 Cobb Way
Detached
$1,089,000
4
3
2243
1739 Palisades Terrace Dr
Detached
$1,095,000
4
2.5
3654
1776 Oak St
Detached
$1,550,000
4
3.5
4012
4531 West Rd
Detached
$1,595,000
3
3.5
3926
2165 Rodge Pointe Dr
Detached
$2,100,000
5
4
4749
1626 Englewood Dr
Detached
$2,495,000
4
2.5+.5
5581
13700 Fielding Rd
Detached
$4,998,000
5
4.5+.5
5802
14390 Uplands Dr
Detached
$5,399,000
4
4.5
7839
2470 Summit Ct
Detached
$5,498,000
4
3.5+.5
7180
Pending sales July 5-11, 2021
Address
Type
Price
BR
Baths
Sq Ft
CDOM
47 Eagle Crest Dr #54
Condo
$180,000
1
1
672
37
42 Cervantes Circle 4B
Condo
$250,000
2
1.5
912
8
86 Kingsgate Rd G101
Condo
$265,000
2
2
840
2
1367 Bonniebrae Dr
Attached
$399,000
2
1.5
1008
2
186 D Ave
Attached
$650,000
3
2.5
1637
7
5071 Tualata Ln
Detached
$675,000
3
3
1540
51
18426 Sandpiper Way
Detached
$688,000
4
3
1884
5
5051 Tualata Ln
Detached
$695,000
4
2
1581
37
217 Hidalgo St
Detached
$749,900
3
2.5
4312
37
32 Morningview Circle
Detached
$750,000
3
2.5
2718
7
537 Country Club Rd
Detached
$775,000
3
2
1901
93
4099 Coltsfoot Ln
Detached
$830,000
5
2.5
3149
15
2440 Overlook Dr
Detached
$839,900
4
3
3850
15
1503 Pine St
Detached
$875,000
4
3
2842
4
1724 Fern Pl
Detached
$950,000
3
3
2160
21
12723 Adrian Ct
Detached
$1,098,000
4
3
3190
4
915 Cedar St
Detached
$1,550,000
4
3.5
3219
3
2254 Knaus Rd
Detached
$3,950,000
4
5.5
7436
11
Closed/sold properties July 5-11, 2021
Address
Type
List Price
Sold Price
Sq Ft
CDOM
4619 Lakeview Blvd
Condo
$200,000
$205,000
753
8
4 Touchstone #68
Condo
$219,000
$245,000
984
58
4 Touchstone #124
Condo
$239,000
$245,500
1351
22
4000 Carman Dr B27
Condo
$269,000
$300,000
869
2
103 Kingsgate Rd
Detached
$525,000
$525,000
1352
5
1 Eagle Crest Dr
Detached
$549,000
$610,000
1290
4
2710 SW Orchard Hill Ln
Detached
$611,900
$656,000
2087
4
830 Laurel St
Detached
$645,000
$685,000
1400
3
20 Preakness Ct
Attached
$625,000
$700,000
1790
5
14307 Camden Ln
Detached
$719,000
$740,000
1932
0
2604 Glen Haven Rd
Detached
$729,900
$799,000
2,104
3
17310 Canyon Dr
Detached
$750,000
$805,000
2716
$3
18768 Wood Duck St
Detached
$925,000
$965,000
3016
4
1455 Nelson Ct
Detached
$835,000
$975,000
2210
2
1585 Patton Rd
Detached
$915,000
$1,025,000
3331
3
4137 Orchard Way
Detached
$975,000
$1,052,000
3680
2
3250 Westview Ct
Detached
$1,200,000
$1,161,000
3928
235
4379 Snowbrush Ct
Detached
$1,050,000
$1,161,000
3596
2
640 9th St
Detached
$1,450,000
$1,450,000
3321
5
858 10th St
Detached
$1,650,000
$1,650,000
2410
6
1475 Chandler Rd
Detached
$3,200,000
$3,150,000
4515
0
3230 Upper Dr
Detached
$3,300,000
$3,300,000
5338
0
1190 Fairway Rd
Detached
$5,495,000
$5,200,000
5855
9
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.
Even in the buildup to the Fourth of July we have strong activity. People are often holding off a bit when it comes to Listing during this week in anticipation of people being distracted over the holiday weekend, but we still had 7 Properties enter the market, with 27 Pending/Accepted Offers and 29 Sold/Closed. Right now there are 117 lovely homes available in Lake Oswego.
NEW June 28-July4, 2021
Address
List Price
# Beds
# Baths
Total SF
Prop Type
422 S STATE ST
$324,997
2
1
1659
CONDO
162 OSWEGO SMT #162
$419,950
2
2
1506
CONDO
13198 PETERS RD
$695,000
3
2.1
2630
DETACHD
18571 WAXWING WAY
$810,000
4
2.1
2151
DETACHD
2936 SW ORCHARD HILL PL
$998,000
4
2.1
3419
DETACHD
14002 CHELSEA DR
$1,195,000
4
2.1
3457
DETACHD
2420 PRESTWICK RD
$2,500,000
6
3.1
3723
DETACHD
PENDING June 28 – July 4, 2021
Address
List Price
# Beds
# Baths
SF
Prop Type
DOM
153 OSWEGO SMT / Lower
$269,000
2
2
1677
CONDO
27
39 OSWEGO SMT / Grnd
$269,000
2
2
1212
CONDO
3
4000 CARMAN DR #E80
$289,000
2
2
993
CONDO
28
5061 FOOTHILLS DR, C
$335,000
2
2
991
CONDO
8
210 S STATE ST #10
$515,000
2
2.1
1743
CONDO
7
53 ORIOLE LN
$549,000
3
2.1
2072
DETACHD
17
6135 SHAKESPEARE ST
$549,900
4
2
1656
DETACHD
9
16885 FERNWOOD DR
$639,500
3
2
1624
DETACHD
4
17 CHURCHILL DOWNS
$649,900
4
3
1966
DETACHD
4
4932 MULHOLLAND DR
$698,000
3
2.1
2498
ATTACHD
54
1588 CHERRY LN
$749,900
3
2
2001
DETACHD
3
17071 REBECCA LN
$775,000
3
3
2288
DETACHD
10
605 7TH ST
$775,000
2
1
2035
DETACHD
3
1692 HIGHLAND DR
$795,000
4
3
2162
DETACHD
4
5675 VICTORIA CT
$825,000
3
2.1
2563
DETACHD
4
1874 GLENMORRIE TER
$920,000
3
3
3508
DETACHD
66
17904 CARDINAL PL
$949,000
3
2.1
1840
DETACHD
5
5697 CHARLES CIR
$950,000
4
2.1
3268
DETACHD
4
1704 GLENMORRIE TER
$975,000
5
2.1
4292
DETACHD
4
15136 GLEN EAGLES CT
$1,200,000
4
2.1
2607
DETACHD
4
13700 KNAUS RD
$1,245,000
3
2.1
2654
DETACHD
7
569 7TH ST
$1,450,000
4
4
3135
DETACHD
4
14088 GOODALL RD
$1,625,000
5
3.2
4441
DETACHD
25
301 IRON MOUNTAIN BLVD
$1,649,000
4
3.2
3036
DETACHD
2
4440 UPPER DR
$1,899,000
4
3.1
3583
DETACHD
42
17301 BERGIS FARM DR
$2,199,000
4
3.1
4737
DETACHD
69
1075 CHANDLER RD
$2,699,000
5
4.1
5710
DETACHD
40
SOLD June 28-July 4, 2021
Address
Opening
Closed
# Beds
# Baths
SF
Prop Type
DOM
4 TOUCHSTONE #118
$219,900
$220,000
2
2
984
CONDO
3
4000 CARMAN DR #E68
$255,000
$262,000
1
1
836
CONDO
3
44 EAGLE CREST DR #28
$260,000
$265,000
3
2
1161
CONDO
2
78 GALEN ST / Upper
$299,000
$290,000
2
2
989
CONDO
4
3688 SPRING LN #3D
$350,000
$350,000
2
2
1117
CONDO
3
19 SUMMIT RIDGE CT
$449,000
$449,000
2
2.1
1558
ATTACHD
11
6200 SHAKESPEARE ST
$540,000
$577,000
3
2
1250
DETACHD
2
4771 AUBURN LN
$679,000
$650,000
3
3.1
2183
ATTACHD
32
4396 GALEWOOD ST
$650,000
$680,000
3
2.1
1672
DETACHD
12
1131 OXFORD DR
$675,000
$715,000
4
3
2200
DETACHD
9
16441 BONAIRE AVE
$679,900
$750,000
3
1
1677
DETACHD
5
4097 BUCK BRUSH LN
$749,900
$760,000
3
2.1
2533
DETACHD
5
15481 TANAGER DR
$725,000
$768,175
3
2.1
2153
DETACHD
3
12792 SIERRA VISTA DR
$899,000
$915,000
4
2.1
3343
DETACHD
6
400 LAKE BAY CT
$1,050,000
$1,082,680
3
2.1
1904
DETACHD
3
441 9TH ST
$895,000
$1,100,000
4
2
2408
DETACHD
1
14175 TAYLORS CREST LN
$1,095,000
$1,106,000
4
3
3432
DETACHD
4
1896 PALISADES LAKE CT
$1,199,000
$1,275,000
4
3
3439
DETACHD
4
17436 KELOK RD
$1,595,000
$1,375,000
4
2.1
3054
DETACHD
32
804 2ND ST
$1,550,000
$1,450,000
5
2.1
2945
DETACHD
30
18224 BELLA TERRA DR
$1,575,000
$1,575,000
4
3.1
4050
DETACHD
8
4484 WEST BAY RD
$1,649,000
$1,631,500
5
3.1
4417
DETACHD
6
1175 CHERRY CIR
$1,850,000
$1,850,000
6
5
6300
DETACHD
12
18740 GREEN BLUFF DR
$1,800,000
$1,850,000
4
3
3645
DETACHD
3
7 DOVER WAY
$1,899,999
$1,900,000
5
5.1
7803
DETACHD
3
1099 CHERRY CIR
$1,690,000
$2,110,000
5
3.1
3796
DETACHD
5
13233 AMBER PL
$1,999,000
$2,150,000
4
4
3913
DETACHD
0
2950 WEMBLEY PARK RD
$2,499,000
$2,499,000
5
5.1
6667
DETACHD
3
460 BERGIS RD
$5,495,000
$4,321,455
6
4.1
5114
DETACHD
569
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.
Lake Oswego is so beautiful! We had a couple of days of pretty extreme heat but we are back to normal with highs in the 80’s. The flowers are blooming and the swim park is open. Summer in LO is pretty great.
The real estate market is also pretty great. Last week Lake Oswego experienced 14 new listings, 26 pending sales, and 27 sold/closed properties.
See below for RMLS details.
New on the Market June 21-27, 2021
Address
Type
Price
BR
Baths
Sq Ft
4 Touchstone #62
Condo
$204,900
3
2.5
1351
5061 Foothills Dr C
Condo
$335,000
2
2
991
16250 Pacific Hwy #78
Condo
$343,500
2
2
1305
16250 Pacific Hwy #41
Condo
$360,000
2
2
1380
6135 Shakespeare
Detached
$549,900
4
2
1656
5071 W Sunset Dr
Condo
$610,000
2
2.5
1734
17071 Rebecca Ln
Detached
$775,000
3
3
2288
17802 Hillside Way
Detached
$799,800
4
2.5
3026
759 Timberline Dr
Detached
$825,000
4
3
2928
2440 Overlook Dr
Detached
$839,900
4
3
3850
4099 Coltsfoot Ln
Detached
$840,000
5
2.5
3169
17151 Wall St
Detached
$1,198,000
5
4
4141
5844 Ridgetop Ct
Detached
$1,198,000
4
2.5
3736
151 3rd St #1
Condo
$1,499,000
3
2.5
3278
Pending Sales June 21-27, 2021
Address
Type
Price
BR
Baths
Sq Ft
CDOM
23 Crestfield Ct
Condo
$199,000
1
1
689
2
4 Touchstone #69
Condo
$220,000
3
2.5
1351
33
44 Eagle Crest Dr #1
Condo
$230,000
2
1
908
2
4 Cervantes Circle
Condo
$240,000
2
1.5
912
8
156 Ridgeway Rd
Condo
$450,000
3
2.5
1805
20
5221 Tualata Ln
Detached
$550,000
3
2
1491
4
16501 Lake Forest Blvd
Detached
$550,000
3
1
1429
6
1033 Obrien St
Detached
$600,000
4
2
1416
2
1311 Pine St
Detached
$600,000
3
3
2150
6
5 Becket St
Detached
$685,000
4
2.5
3654
17
17859 Pilkington Rd
Detached
$695,000
3
2.5
3222
79
16921 Kara Ln
Detached
$750,000
3
2.5
2382
5
5440 Bay Creek Dr
Detached
$775,000
3
2.5
2442
4
7 Mountain View Ln
Detached
$850,000
5
2.5
3324
22
16933 Greentree Ave
Detached
$874,900
4
2.5
2276
7
5681 Yorkshire Ct
Detached
$894,900
4
2.5
2985
5
3830 Tempest Dr
Detached
$949,950
4
3
3099
22
19310 Riverwood Ln
Detached
$999,000
5
3
3192
1
1931 Park Forest Ct
Detached
$1,025,000
6
4.5
4107
6
2929 Glen Eagles Rd
Detached
$1,100,000
3
2
2527
4
16972 Greentree Ave
Detached
$1,100,000
4
3
2812
13
17911 Hillside Dr
Detached
$1,200,000
4
3
3635
5
5922 Suncreek Dr
Detached
$1,250,000
4
3.5+.5
4027
10
1860 Egan Way
Detached
$1,450,000
4
3
3695
5
853 D Ave
Detached
$1,899,000
4
3.5
5137
29
18098 Pilkington Rd
Detached
$2,199,000
4
5.5
6680
6
Sold/Closed June 21-27, 2021
Address
Type
List Price
Sold Price
Sq Ft
CDOM
4 Touchstone #142
Condo
$229,900
$220,000
979
51
137 Oswego Summit
Condo
$269,500
$276,000
1,212
5
4320 Botticelli St #11
Attached
$399,950
$368,000
2098
13
979 Devon Ln
Detached
$599,900
$611,000
2362
4
31 Partridge Ln
Detached
$634,900
$705,000
3158
5
2991 Glen Haven Rd
Detached
$650,000
$715,000
2560
5
4846 Lower Dr
Detached
$812,900
$718,462
2655
105
686 Sunnyhill Dr
Detached
$750,000
$770,000
2392
6
3061 Westview Ct
Detached
$875,000
$800,000
3396
36
5825 Bay Point Dr
Detached
$850,000
$869,000
2604
3
4716 Heritage Ln
Detached
$869,000
$875,000
2,650
4
33 Da Vinci St
Detached
$760,000
$890,000
2560
4
17144 Warren Ct
Detached
$920,000
$910,000
2778
18
15950 Parker Rd
Detached
$899,900
$935,000
2686
3
12427 SW Orchard Hill Rd
Detached
$849,000
$967,500
3023
2
17575 Blue Heron Ct
Detached
$899,900
$989,000
2972
4
12986 Knaus Rd
Detached
$1,149,000
$1,054,775
3242
302
2002 Cedar Ct
Detached
$1,180,000
$1,100,000
2945
6
13869 Amberwood Circle
Detached
$1,175,000
$1,200,000
3370
0
6407 Mission Ct
Detached
$1,239,000
$1,239,000
3623
1
1151 Cherry Ct
Detached
$1,180,000
$1,100,000
4009
7
4081 Pfeifer Ct
Detached
$1,200,000
$1,390,000
4078
3
16315 Chapin Way
Detached
$1,795,000
$1,775,000
3478
4
743 6th St6
Detached
$1,675,000
$1,900,000
3922
254
2112 Goodall Ct
Detached
$2,100,000
$2,150,000
4078
4
13589 Goodall Rd
Detached
$1,996,000
$2,450,000
4443
230
1308 Northshore Rd
Detached
$3,740,000
$3,215,000
4194
254
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 there were a mere 9 Properties added to Lake Oswego Inventory, and 27 that moved to Pending status, while 29 Closed/Sold.
Right now there are 101 Beautiful Homes to choose from in Lake Oswego!
NEW June 14-20, 2021
Address
List Price
# Beds
# Baths
Total SF
Prop Type
14425 HOLLY SPRINGS RD
$770,000
5
3
2238
CONDO
1724 FERN PL
$950,000
3
3
2160
DETACHD
15776 INVERURIE RD
$1,095,000
3
2
2352
DETACHD
13207 DEERFIELD CT
$1,175,000
4
3.1
3801
DETACHD
5933 SUNCREEK DR
$1,250,000
4
3.2
4027
DETACHD
7 NANSEN SMT
$1,499,000
4
4.1
5640
DETACHD
1687 VILLAGE PARK LN
$1,500,000
4
3
3362
DETACHD
16743 SW Pacific Highway
$2,195,000
4
3.1
4340
DETACHD
420 RIDGEWAY RD
$4,250,000
4
4
3505
DETACHD
PENDING June 14-20, 2021
Address
List Price
# Beds
# Baths
Total SF
Prop Type
CDOM
4 TOUCHSTONE, #68
$219,000
2
2
984
CONDO
58
4 TOUCHSTONE, #118
$219,900
2
2
984
CONDO
3
4000 CARMAN DR B27
$269,000
2
2
869
CONDO
2
16250 PACIFIC HWY, #48
$345,000
2
2
1305
CONDO
5
5225 JEAN RD, #203
$359,900
3
2
1400
CONDO
7
1 EAGLE CREST DR
$549,000
3
2
1290
DETACHD
4
5691 WINDFIELD LOOP
$599,000
3
2
1588
DETACHD
6
38 NORTHVIEW CT
$638,900
4
4
3125
ATTACHD
324
4124 HARVEY WAY
$649,900
3
2
1410
DETACHD
22
1701 ASPEN CT
$663,800
3
2
1956
DETACHD
5
2604 GLEN HAVEN RD
$729,900
4
2
2104
DETACHD
3
15518 HERITAGE CT
$820,000
4
3.1
2885
DETACHD
4
5760 MERIDIAN CT
$850,000
4
2.1
2504
DETACHD
5
491 COUNTRY CLUB RD
$865,000
4
2
2486
DETACHD
46
441 9TH ST
$895,000
4
2
2408
DETACHD
1
17343 BROOKHURST DR
$949,900
4
2.1
3488
DETACHD
4
5455 LANGFORD LN
$999,900
4
2.1
3398
DETACHD
35
18711 WESTVIEW DR
$1,195,000
4
3.1
3592
DETACHD
6
14511 PFEIFER DR
$1,250,000
4
2.1
3422
DETACHD
6
16200 WALUGA DR
$1,450,000
5
3.1
3375
DETACHD
4
18031 MEADOWLARK LN
$1,525,000
4
3.1
3798
DETACHD
5
4502 LAMONT WAY
$1,695,000
4
4
3880
DETACHD
22
3140 DOUGLAS CIR
$1,799,971
4
3.1
4333
DETACHD
5
3250 UPPER DR
$1,875,000
4
4.1
4058
DETACHD
1
18783 STAFFORD RD
$1,995,000
5
4.2
5757
DETACHD
147
168 PINE VALLEY RD
$1,995,000
5
4.1
4906
DETACHD
7
1475 CHANDLER RD
$3,200,000
5
4.1
4515
DETACHD
0
SOLD June 14-20, 2021
Address
Opening
Closed
# Beds
# Baths
Total SF
Prop Type
CDOM
16200 PACIFIC HWY #21
$419,900
$420,000
2
2
1190
CONDO
5
16200 PACIFIC HWY #4
$490,000
$430,000
2
2
1190
CONDO
68
14392 SHERBROOK PL
$515,000
$558,000
3
2.1
2133
DETACHD
4
3388 EDGEMONT RD
$595,000
$600,000
3
2.1
2019
DETACHD
5
16873 CANYON DR
$648,000
$635,000
3
2.1
1879
DETACHD
0
1865 GREENTREE RD
$699,000
$680,000
4
2
1960
DETACHD
6
13413 AUBURN CT
$689,000
$689,000
4
3.1
2822
ATTACHD
3
1858 SOUTHSHORE BLVD
$650,000
$710,000
4
2
2097
DETACHD
56
16915 GREENTREE AVE
$759,000
$710,000
3
3
2791
DETACHD
7
14 MORNINGVIEW CIR
$689,900
$715,000
4
3.1
2728
DETACHD
19
17380 MARJORIE AVE
$675,000
$750,000
4
2
1810
DETACHD
3
5546 ROYAL OAKS DR
$759,000
$770,000
3
2
1920
DETACHD
23
2911 SW ORCHARD HILL PL
$795,000
$782,000
4
3.1
3740
DETACHD
37
1244 HALLINAN CIR
$775,000
$885,000
4
3
2485
DETACHD
5
4188 COBB WAY
$825,000
$910,000
4
3
2586
DETACHD
5
5747 VICTORIA CT
$810,000
$925,000
4
2.1
2432
DETACHD
2
1982 WEMBLEY PARK RD
$975,000
$925,000
5
4
4561
DETACHD
15
2740 GLEN HAVEN RD
$699,900
$950,000
3
2.1
1612
DETACHD
3
340 8TH ST
$875,000
$954,000
3
2
2146
DETACHD
4
4471 West RD, Lot 4
$1,125,000
$1,200,181
4
3
3885
DETACHD
10
3610 PIPER CT
$1,300,000
$1,225,000
4
3.1
3976
DETACHD
60
5795 DOGWOOD DR
$1,285,000
$1,265,000
4
2.1
3420
DETACHD
4
5800 SEVILLE AVE
$1,299,000
$1,310,000
4
4
3912
DETACHD
12
755 5TH ST
$1,375,000
$1,422,500
4
3.1
3001
DETACHD
4
3933 EDENS EDGE DR
$1,450,000
$1,450,000
4
3.1
4436
DETACHD
35
137 FURNACE ST / Upper
$1,479,000
$1,485,000
3
2
1927
CONDO
3
1640 COUNTRY CMNS
$1,635,000
$1,635,000
4
4.1
5343
DETACHD
0
445 NORTHSHORE RD
$3,198,000
$3,110,000
3
3.1
2908
DETACHD
2
1730 NORTHSHORE RD
$4,295,000
$4,192,500
4
3.1
4173
DETACHD
3
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.
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 May 2021:
The stats show New Listings dropped a bit (2.3%) in May from April, and/but Accepted Offers rose at the same time by 8%.
Just when we think record lows in Inventory can’t get any lower, they do. May took us down to 0.7 months of available housing.
Rates are still attractive hovering around 3.125%. Best to get out and get active if you are planning to, given that the Fed indicated last week that they’d be raising rates sooner than previously expected.
According to the RMLS Market Action Report for the Portland Metro Area, May 2021:
There were 3,971 New Listings in May2021 increased 16.1% over April 2020’s 3,419 and decreased 2.3% from the previous month/April’s 4,065.
At 3,183, May 2021’s Closed Sales are up 62.1% from May 2020’s 1,963, and also up 8.0% from the previous month/April’s total of 2,946
At 3,717, May 2021’s Pending Sales increased 19.4% from May2020’s 3,112, and also rose 9.3% from the previous month/April’s total of 3,400.
The Average Sale Price in May2021 of $582,200 is up $114,700 from last year/April 2020’s $467,500, and up $24,300. from the previous month/April’s $557,900.
The “Median” Sale Price (the price smack dab in the middle of all sales) in May 2021 of $515,000 rose $90,000 from last year/May 2020’s $425,000, and also increased $15,000 from the previous month/April’s $500,000.
LAKE OSWEGO:
129 Active Listings (Apr 123)
222 New Listings (Apr 255)
223 Pending Sales (Apr 218)
199 Closed Sales (Apr 142)
Average Sale Price for May: $928,300 (Apr $818,300)
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.
The weather is glorious and so is real estate in Lake Oswego. Last we we had 18 new listings, 24 properties move into pending status, and 22 closed sales. Of the 22 closed sales, just 3 sold for less than the asking price and most sold for significantly more that the asking price
See below for RMLS details
New Listings June 7-13, 2021
Address
Type
Price
BR
Baths
Sq Ft
16250 Pacific Hwy #48
Condo
$345,000
2
2
1305
5225 Jean Rd #203
Condo
$359,900
3
2
1400
750 1st St A10
Condo
$495,000
2
2
1350
23 Falstaff St
Detached
$649,000
3
2
1435
5 Becket St
Detached
$685,000
4
2.5
3654
16624 Roosevelt
Detached
$699,900
3
2
2802
1959 Wembley Pl
Detached
$745,000
4
3
2128
16972 Greentree Ave
Detached
$1,100,000
4
3
2812
18711 Westview Dr
Detached
$1,195,000
4
3.5
3592
14511 Pfeifer Dr
Detached
$1,250,000
4
2.5
3422
18470 Ray Ridge Dr
Detached
$1,499,000
4
2.5
3902
18031 Meadowlark Ln
Detached
$1,525,000
4
3.5
3798
14088 Goodall Rd
Detached
$1,625,000
5
3.5+.5
4441
791 4th St
Detached
$1,675,000
3
2
1568
3140 Douglas Circle
Detached
$1,799,971
4
3.5
4333
1900 Northshore Rd
Detached
$2,995,000
5
3
3013
2088 Crest Dr
Detached
$6,995,000
4
6.5
8259
1226 Northshore Rd
Detached
$7,000,000
4
5.5
6330
Pending Sales June 7-13, 2021
Address
Type
Price
BR
Baths
Sq Ft
CDOM
4619 Lakeview Blvd
Condo
$205,000
1
1
753
8
4 Touchstone #123
Condo
$215,000
3
2.5
1351
26
4 Touchstone #124
Condo
$239,000
3
2.5
1351
22
45 Eagle Crest Dr #311
Condo
$245,000
2
2
1046
2
45 Eagle Crest Dr #28
Condo
$260,000
3
2
1161
2
19 Summit Ridge Ct
Attached
$449,000
2
2.5
1558
11
5616 Childs Rd
Detached
$495,000
3
1
1232
2
2710 SW Orchard Hill Ln
Detached
$611,900
3
2
2087
4
20 Preakness
Attached
$625,000
3
2
1790
5
16775 Westview Dr
Detached
$629,000
3
2
1806
4
5357 Lakeview Blvd
Detached
$649,900
4
2.5
1894
4
4771 Auburn Ln
Attached
$679,000
3
3.5
2183
32
3 Spinosa
Detached
$755,000
3
3
2615
23
13041 Thoma Rd
Detached
$770,000
3
2.5
2418
4
13431 Vermeer Dr
Detached
$774,500
4
2.5
2701
2
9 Preakness Ct
Detached
$849,900
4
3
3750
4
19001 Barton Rd
Detached
$899,000
4
2.5
2194
13
1585 Patton Rd
Detached
$915,000
4
3
3331
3
3250 Westview Ct
Detached
$1,115,000
5
3.5
3928
208
18635 Westview Dr
Detached
$1,150,000
4
5
5102
2
5774 Bay Point Dr
Detached
$1,165,000
5
2.5
3674
25
5024 Dogwood Dr
Detached
$1,195,000
4
3.5
3267
25
4640 Dogwood Dr
Detached
$1,500,000
4
4
4142
9
13217 Amber Pl #1
Detached
$2,000,000
4
3.5
3861
474
Sold/Closed Sales June 7-13, 2021
Address
Type
List Price
Sold Price
Sq Ft
CDOM
49 Oswego Summit
Condo
$215,000
$232,000
721
3
750 1st St E 28
Condo
$245,000
$250,000
902
31
225 Cervantes
Condo
$319,000
$319,000
1216
21
3950 Carman Dr
Condo
$345,000
$400,000
1101
3
1335 Laurel St
Detached
$529,000
$571,000
1248
3
338 Laurel St
Detached
$529,000
$571,000
1346
4
1127 Cedar St
Detached
$539,900
$575,000
1848
4
5785 Carman Dr
Detached
$599,900
$610,000
1934
2
3722 Eleanor Ct
Detached
$575,000
$636,000
1182
1
2633 SW Orchard Hill Ln
Detached
$595,000
$640,000
2136
5
17473 Schalit Way
Detached
$619,900
$662,200
1,812
4
5717 Langford Ln
Detached
$675,000
$685,000
1800
$4
18634 Bryant Rd
Detached
$775,000
$720,000
2858
32
1401 Aspen St
Detached
$749,950
$785,000
2850
6
100 Leonard St 4-1
Condo
$965,000
$950,000
3021
5
13209 Twin Creek Ct
Detached
$888,000
$950,000
3021
5
524 Weidman Ct
Detached
$950,000
$980,000
3450
8
5737 Charles Circle
Detached
$899,000
$1,025,000
3088
4
69 Nansen Summit
Detached
$985,000
$1,085,000
3185
5
13906 Taylors Crest Ln
Detached
$1,250,000
$1,399,888
3856
4
18262 Meadowlark Ln
Detached
$1,799,000
$1,725,000
4757
40
584 Ridgeway Rd
Detached
$4,398,000
$4,398,000
4996
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.
Last week we saw 15 homes enter the market, 28 move to Pending/Accepted Offer status, and 35 Closed/Sold. Right now there are 104 beautiful properties to choose from in Lake Oswego!
Our real estate market continues to be extremely strong with properties selling quickly and often for more than the list price. In Lake Oswego last week we had 13 new listings, 39 properties move into pending status and 28 sold/closed homes.
See below for RMLS details.
New on the Market May 24-30, 2021
Address
Type
Price
BR
Baths
Sq Ft
15438 SW Stephanie Ct
Attached
$469,987
3
2.5
1627
4124 Harvey Way
Detached
$649,900
3
2
1410
217 Hidalgo
Detached
$769,900
3
2.5
4312
5542 Dunmire Dr
Detached
$899,000
4
2.5
3256
19001 Barton Rd
Detached
$899,000
4
2.5
2194
18430 Pilkington Rd
Detached
$1,175,000
4
3
3021
640 9th St
Detached
$1,450,000
4
3
3321
858 10th St
Detached
$1,650,000
3
2.5
3880
4502 Lamont Way
Detached
$1,795,000
4
4
3880
17600 Upper Cherry Ln
Detached
$2,099,000
4
3.5
3905
1155 Crestline Ct
Detached
$2,200,000
5
4.5
7438
19379 Riverwood Ln
Detached
$2,700,000
5
4
4584
1075 Chandler Rd
Detached
$2,799,000
5
4.5
5710
Pending sales May 24-30, 2021
Address
Type
Price
BR
Baths
Sq Ft
CDOM
4 Touchstone #123
Condo
$215,000
3
2.5
1351
14
49 Oswego Summit
Condo
$215,000
1
1
721
3
4000 Carman Dr #60
Condo
$265,000
2
2
866
39
78 Galen St
Condo
$299,000
2
2
989
4
3688 Spring Ln 3D
Condo
$350,000
2
2
1117
3
1104 Boca Ratan Dr
Attached
$459,000
3
2.5
1739
21
103 Kingsgate Rd
Detached
$525,000
3
2.5
1352
5
3388 Edgemont Rd
Detached
$595,000
3
2.5
2019
5
979 Devon Ln
Detached
$599,900
4
3.5
2362
4
31 Partridge Ln
Detached
$634,900
4
3
3158
5
830 Laurel St
Detached
$645,000
3
2
1400
3
1131 Oxford Dr
Detached
$675,000
4
3
2200
9
5717 Langford Ln
Detached
$675,000
3
2.5
1800
4
16441 Bonaire Ave
Detached
$679,900
3
1
1677
5
13413 Auburn Ct
Attached
$689,000
4
3.5
2822
3
15481 Tanager Dr
Detached
$725,000
3
2.5
2153
9
9 Falstaff St
Detached
$729,000
4
2.5
2436
51
4846 Lower Dr
Detached
$749,900
5
3
2655
105
1401 Aspen St
Detached
$749,950
3
2.5
2850
6
686 Sunny Hill Dr
Detached
$750,000
4
2.5
2392
6
17266 Fernwood Dr
Detached
$779,000
3
2.5
2086
5
12427 SW Orchard Hill Rd
Detached
$849,000
4
2.5
3023
2
12792 Sierra Vista Dr
Detached
$899,000
4
2.5
3343
6
17575 Blue Herron Ct
Detached
$899,900
4
3.5
2972
4
1874 Glenmorrie Terr
Detached
$950,000
3
3
3508
35
400 Lake Bay Ct
Detached
$1,050,000
3
2.5
1904
3
1151 Cherry Circle
Detached
$1,195,000
4
3.5
4009
7
1896 Palisades Lake Ct
Detached
$1,199,000
4
3
3439
4
4081 Pfeifer Ct
Detached
$1,200,000
5
3.5
4078
3
18336 Westview Dr
Detached
$1,395,000
4
4
4921
9
804 2nd St
Detached
$1,450,000
5
2.5
2945
30
18224 Bella Terra Dr
Detached
$1,575,000
4
3.5
4050
8
149 Furnace St #25
Condo
$1,795,000
4
3.5
3954
6
1175 Cherry Circle
Detached
$1,850,000
6
5
6300
12
13233 Amber Pl
Detached
$1,999,000
4
4
3913
0
13589 Goodall Rd
Detached
$2,599,000
4
3
4443
38
445 Northshore Rd
Detached
$3,198,000
3
3.5
2908
2
460 Bergis Rd
Detached
$4,750,000
6
4.5
5114
569
1190 Fairway Rd
Detached
$5,495,000
4
5.5
5855
9
Sold/Closed May 24-30, 2021
Address
Type
List Price
Sold Price
Sq Ft
CDOM
13 Oswego Summit
Condo
$199,900
$205,000
764
27
4 Touchstone #111
Condo
$220,000
$214,500
1,351
6
47 Eagle Crest Dr #63
Condo
$235,000
$248,800
830
4
5059 Foothills Dr G
Condo
$335,000
$330,000
991
14
243 Cervantes
Condo
$399,000
$390,000
1292
53
1461 Greentree Circle
Detached
$645,000
$660,000
1745
8
13901 Sundeleaf Dr
Detached
$622,000
$680,000
1988
6
5316 Lower Dr
Detached
$699,000
$687,000
2016
15
15380 Twin Fir Rd
Detached
$692,000
$707,000
2940
25
1931 Mapleleaf Ct
Detached
$699,900
$740,000
2292
5
1038 Gans St
Detached
$660,000
$760,000
2,058
4
18491 Waxwing Circle
Detached
$675,000
$780,000
1934
$4
100 D Ave
Attached
$798,000
$800,000
1847
5
282 Ash St
Detached
$780,000
$815,000
2791
30
18123 Westridge Dr
Detached
$799,900
$873,000
2677
4
24 Tanglewood Dr
Detached
$750,000
$935,000
2630
3
32 Westridge Dr
Detached
$949,000
$950,000
3653
8
16176 Nola Ct
Detached
$969,000
$973,500
2945
5
885 10th St
Detached
$1,150,000
$1,075,000
2633
21
6 Sherwood Ct
Detached
$995,900
$1,085,000
3133
4
18958 Bryant Rd
Detached
$1,199,900
$1,150,000
3178
13
5570 Kilchurn Ave
Detached
$1,150,000
$1,251,000
2931
3
1924 Cheryl Ct
Detached
$1,595,000
$1,700,000
5306
5
3711 Wren St
Detached
$1,595,000
$1,700,000
3347
4
13300 Atwater Ln
Detached
$1,599,000
$1,700,000
3110
3
18012 Eastridge Ln
Detached
$2,100,000
$2,075,000
5875
10
17660 Wayside Ln
Detached
$1,950,000
$2,185,000
4784
5
17979 S Crestline Dr
Detached
$3,045,000
$2,687,000
4,858
18
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.
