Market Activity – Page 31 – Property Blotter

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

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.

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

December 18, 2020December 18, 2020

Market Activity Dec 7-13, 2020

Last week in Lake Oswego sales remainded strong. 24 houses received offers that were accepted and 18 properties sold with finalized sales. New inventory remained low at just 6 new listings.

See below for RMLS details

New on the Market Dec 7-13, 2020

Address	Type	Price	BR	Baths	Sq Ft
47 Eagle Crest Dr #50	Condo	$210,000	2	1	932
18964 Redwing Way	Detached	$549,950	3	1.5	1406
6126 Frost Ln	Detached	$765,000	5	3	2497
252 Greenwood Rd	Detached	$824,900	5	2	3834
5513 Rachel Ln	Detached	$1,049,000	4	2.5	3335
701 4th St	Detached	$1,499,000	3	2.5	2885

Pending Sales Dec 7-13, 2020

Address	Type	Price	BR	Baths	Sq Ft	CDOM
30 Oswego Summit	Condo	$198,500	1	1	700	78
750 1st St #26	Condo	$350,000	2	2	1350	20
16191 Lake Forest Blvd	Detached	$424,999	3	1	864	4
16342 Kimball St	Detached	$495,000	3	1.5	1250	6
1225 Lee St	Detached	$511,000	3	1.5	1056	1
14150 Goodall Rd	Detached	$525,000	3	2	1745	3
1101 Hemlock SSt	Detached	$574,900	3	2.5	2213	26
4380 Douglas Way	Detached	$599,950	3	2	1364	19
18861 Indian Springs Circle	Detached	$635,000	3	2	1649	2
15677 Fieldstone Dr	Detached	$688,000	3	2.5	2527	156
4984 Bilford Ln	Detached	$725,000	3	2.5	2629	35
2679 Glen Eagles Rd	Detached	$729,900	3	3	2378	6
1771 Campus Way	Detached	$738,000	3	3	3277	3
2765 Glen Haven Rd	Detached	$749,900	4	2.5	2277	5
6123 Frost Ln	Detached	$759,900	4	2.5	2331	21
803 Clara Ct	Detached	$850,000	4	3	2886	3
17970 Meadowlark Ln	Detached	$899,000	4	3	3640	1
18064 Jenifers Way	Detached	$899,900	5	3	2965	44
17596 Green Bluff Dr	Detached	$959,900	4	2.5	3039	26
5055 Lakeview Blvd	Detached	$1,298,000	4	3.5	3607	28
961 Terrace Dr	Detached	$2,495,000	5	4.5+.5	6016	96
1287 Cherry Ln	Detached	$2,595,000	5	4.5	5212	110
2950 Lakeview Blvd	Detached	$2,750,000	4	3.5	4299	190
16649 Maple Circle	Detached	$2,969,000	4	3	2714	113

Closed/Sold Dec 7-13, 2020

Address	Type	List Price	Sold Price	Sq Ft	CDOM
48 Eagle Crest 5E	Condo	$269,000	$249,000	1442	103
16250 Pacific Hwy #77	Condo	$289,900	$259,000	1,327	257
3433 McNary Pkwy #804	Condo	$269,900	$260,000	1136	103
65 Oswego Summit	Condo	$274,900	$260,000	1140	4
4107 Jefferson Pkwy	Condo	$329,000	$325,000	1507	32
5626 Fernbrook Way	Detached	$511,000	$489,000	1250	59
17020 Denny Ct	Detached	$650,000	$525,000	1704	150
17297 Bryant Rd	Detached	$575,000	$550,000	1428	11
13 Walking Woods Dr	Detached	$515,000	$556,000	2130	4
17879 Hillside Dr	Detached	$849,999	$630,000	3149	271
18225 SW 65th Ave	Detached	$799,000	$747,000	2210	37
3125 Alber Sring Ct	Detached	$1,198,000	$1,065	4308	195
16291 Bonaire Ave	Detached	$1,096,660	$1,096	3240	0
6441 Mission Ct	Detached	$1,165,000	$1,165	3201	24
3920 Upper Dr	Detached	$1,595,000	$1,425	3800	$115
15532 Village Dr	Detached	$1,599,000	$1,545	3446	47
4165 Childs Rd	Detached	$1,549,000	$1,549	3310	11
15607 Village Dr	Detached	$2,589,000	$2,200	5407	525

November 11, 2020

Market Activity November 2-8, 2020

Last week in Lake Oswego there were 12 properties that came onto the market, 17 that received offers that were accepted and went into pending status, and 24 sold/closed houses or condos.

See below of breakdown of the RMLS data.

New on the Market, November 2-8, 2020

Address	Type	Price	BR	Baths	Sq Ft
45 Eagle Crest Dr #100	Condo	$295,000	3	2	1537
16250 Pacific Hwy #73	Condo	$325,000	2	2	1305
4584 Trillium Woods	Attached	$739,900	3	2.5	2179
4984 Bilford Ln	Detached	$750,000	3	2	2629
2395 Greentree Rd	Detached	$779,900	5	2.5	2777
5322 Carman Grove Ln	Detached	$899,000	3	2.5	2615
14218 Kimberly Circle	Detached	$916,500	4	2.5	3272
2934 Tolkien Ln	Detached	$974,800	5	3.5	3851
6 Essex Ct	Detached	$998,000	4	4	4338
1156 Cherry Ln	Detached	$1,345,000	5	3.5	4084
5349 Washington Ct	Detached	$1,350,000	4	3.5	3906
18277 Crestline Dr	Detached	$3,100,000	4	5.5	6892

Pending sales, November 2-8, 2020

Address	Type	Price	BR	Baths	Sq Ft	CDOM
47 Eagle Crest Dr #62	Condo	$229,000	3	1.5	1026	77
4636 Lower Dr	Condo	$259,900	2	1.5	1170	8
65 Oswego Summit	Condo	$274,900	2	2	1140	4
668 McVey Ave #85	Condo	$274,900	2	1.5	992	4
34 Wheatherstone #17	Condo	$379,900	3	2.5	1692	26
16342 Kimball St	Detached	$525,000	3	1.5	1250	36
17020 Denny Ct	Detached	$535,000	2	2	1704	150
127 Greenwood Rd	Detached	$550,000	3	1	1201	13
77 Greenridge Ct	Attached	$584,900	3	2.5	2190	11
4380 Douglas Way	Detached	$599,950	3	2	1364	7
2290 Overlook Dr	Detached	$725,000	4	2.5	3095	3
18225 65th Ave	Detached	$730,000	5	2.5	2210	37
4311 Orchard Way	Detached	$850,000	3	2.5	2804	3
13745 Cameo Ct	Detached	$924,500	4	4	2846	78
5087 Lakeview Blvd	Detached	$1,200,000	4	3.5	2957	0
527 Northshore Rd	Detached	$1,800,000	3	2	2433	1
4321 Southshore Blvd	Detached	$3,950,000	5	4.5	6731	118

Sold/Closed, November 2-8, 2020

Address	Type	List Price	Sold Price	Sq Ft	CDOM
72 Galen St	Condo	$182,500	$182,500	690	3
16250 Pacific Hwy #80	Condo	$239,000	$199,000	841	165
6930 Montauk Circle	Condo	$235,000	$235,000	924	12
287 Cervantes	Condo	$279,900	$292,500	1144	4
245 Cervantes	Condo	$299,900	$299,900	1292	3
4340 Botticelli	Condo	$399,999	$377,900	2285	160
4520 Lower Dr A-1	Condo	$459,900	$465,000	1750	8
668 McVey Ave #51	Condo	$525,000	$525,000	852	4
200 Burnham Rd #311	Condo	$639,000	$540,000	1894	63
86 Greenridge Ct	Attached	$599,000	$590,000	2718	109
2165 Ridge Pointe Dr	Detached	$650,000	$691,750	4749	5
4007 Brian Ct	Detached	$689,000	$705,000	2282	1
13998 Westcott Ct	Detached	$849,900	$840,000	2727	9
345 E Ave	Detached	$899,000	$910,000	1582	2
5871 Ridgetop Ct	Detached	$975,000	$975,000	3543	3
2100 Summit Dr	Detached	$849,900	$995,000	2358	5
428 C Ave	Attached	$1,149,888	$1,175,000	2607	82
877 9th St	Detached	$1,450,000	$1,438,000	2932	4
289 G Ave	Detached	$1,499,000	$1,450,000	4193	374
18035 Skyland Circle	Detached	$1,595,000	$1,530,000	3893	15
711 7th St	Detached	$1,829,000	$1,675,000	2763	52
18230 River Edge Ln	Detached	$1,790,000	$1,750,000	4608	17
129 Furnace St	Condo	$1,995,000	$1,835,000	4911	135
1099 Terrace Dr	Detached	$2,495,000	$2,385,000	4695	45

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.

October 27, 2020

Market Activity October 19-25, 2020

We had a burst of new listings in Lake Oswego last week with 23 properties coming onto the market. That’s about 30% more than recent previous weeks. We also had 20 properties that accepted offers and went into pending status. 20 properties became closed sales. Those numbers are very balanced. I’d call the market stable from every angle.

See below for an explanation of the RMLS data.

New listings October 19-25, 2020

Address	Type	Price	BR	Baths	Sq Ft
4000 Carman Dr #79	Condo	$270,000	2	2	993
16377 Kimball St	Detached	$389,000	3	1	1200
206 Greenridge Dr	Attached	$475,000	3	2	1392
16246 Parker Rd	Detached	$479,900	3	2	1280
98 Kingsgate Rd	Detached	$510,000	3	2.5	1727
15500 Boones Way	Detached	$535,000	3	2	1309
1705 Conifer Dr	Detached	$539,000	3	1.5	1850
127 Greenwood Rd	Detached	$550,000	3	1	1201
4362 Galewood St	Detached	$558,000	3	2.5	1684
621 9th St	Detached	$649,000	2	2	2214
17061 Crestview Dr	Detached	$649,900	4	2	2216
1202 Spruce St	Detached	$735,000	2	2.5	1706
1604 Country Club Rd	Detached	$800,000	4	3.5	3878
5185 Woodcrest Ln	Detached	$835,000	3	2.5	2554
1216 Spruce St	Detached	$840,000	3	2.5	2066
6 Yorick St	Detached	$849,950	5	3	3116
17649 Woodhurst Pl	Detached	$1,000,000	6	4.5	5669
6441 Mission Ct	Detached	$1,165,000	4	3	3201
6155 McEwan Rd	Detached	$1,250,000	5	3	3728
312 9th St	Detached	$1,350,000	3	2.5	2686
16234 Waluga Dr	Detached	$1,395,000	5	3.5	3130
45 Nanson Summit	Detached	$1,430,000	4	4.5	5874
1132 Troon Rd	Detached	$2,450,000	4	3.5	4165

Pending sales October 19-25, 2020

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4615 Lakeview Blvd	Condo	$242,500	1	1	753	37
668 McVey Ave #65	Condo	$315,000	1	1	636	38
5059 Foothills Dr E	Condo	$325,000	2	2	991	27
5626 Fernbrook Way	Detached	$489,000	3	1.5	1250	59
5136 Jean Rd	Detached	$495,000	3	2	1412	21
13679 Johnson Terrace	Detached	$515,000	2	1	917	6
4102 Buck Brush Ln	Detached	$697,000	4	3	2205	3
4045 Melissa Dr	Detached	$699,900	4	2.5	2529	40
17897 Sundown Ct	Detached	$699,900	5	3	3755	99
312 4th St	Attached	$720,000	2	2.5	1731	22
12436 Orchard Hill Rd	Detached	$725,000	4	2.5	2891	8
7 Falstaff St	Detached	$729,000	5	2.5	2484	1
5124 Rosewood St	Detached	$739,900	4	3.5	3516	39
634 Carrera Ln	Detached	$750,000	4	2.5	3282	4
13947 Majestic Ct	Detached	$799,900	4	3.5	2822	3
13453 Streamside Dr	Detached	$839,000	3	2.5	2932	5
14360 Trillium Ct	Detached	$860,000	5	3	3558	122
6463 Mission Ct	Detached	$1,165,000	3	3.5	3547	290
3131 Wembly Park Rd	Detached	$1,344,500	4	3.5	3597	147
289 G Ave	Detached	$1,499,000	6	3.5	4193	160

Sold/closed Sales October 19-25, 2020

Address	Type	List Price	Sold Price	Sq Ft	CDOM
126 Oswego Summit	Condo	$195,000	$190,000	764	30
4000 Carmen Dr A-16	Condo	$264,900	$257,000	1,025	48
4642 Lower Dr	Condo	$275,000	$260,000	1260	33
213 Oswego Summit	Condo	$312,700	$312,700	1383	4
6073 Harrington Ave	Detached	$429,900	$414,000	1050	34
16878 Canyon Dr	Detached	$599,500	$599,500	2298	36
5885 Dove Ct	Detached	$599,900	$610,000	1795	7
18706 Bryant Rd	Detached	$655,000	$630,000	2489	99
2 Mozarteum Ct	Detached	$705,000	$715,000	2192	4
5335 Westfield Ct	Detached	$899,900	$826,000	3122	25
2146 Summit Dr	Detached	$850,000	$830,000	2592	3
18857 Indian Springs Circle	Detached	$839,900	$842,900	2572	9
17931 Meadowlark Ln	Detached	$899,900	$889,900	4385	14
3200 Upper Dr	Detached	$900,000	$900,000	2542	4
19457 35th Ct	Detached	$959,000	$915,000	3538	40
3343 Fir Ridge Rd	Detached	$1,100,000	$975,000	3430	23
717 8th St	Detached	$1,235,000	$1,133,800	2584	54
3080 Westview Circle	Detached	$1,299,000	$1,273,000	3473	38
17522 Bryant Rd	Detached	$1,399,000	$1,325,000	3545	39
13744 Knaus Rd	Detached	$1,450,000	$1,450,000	3667	8

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.

October 17, 2020

Market Activity Oct 3-11, 2020

Last week in Lake Oswego the market kept chugging right along. We had 13 properties come onto the market, 38 received accepted offers and went into pending status, and 19 sold/closed sales.

See below for an explanation of the RMLS data

New on the market Oct 3-11, 2020

Address	Type	Price	BR	Baths	Sq Ft
344 Cervantes Circle	Condo	$223,000	2	1.5	921
668 McVey Ave #83	Condo	$259,000	2	1.5	992
34 Wheatherstone #17	Condo	$399,000	3	2.5	1692
17841 Westview Dr	Detached	$739,000	4	2	2448
4681 Trillium Woods	Attached	$749,000	3	2.5	2185
13903 Sundeleaf Dr	Detached	$750,000	4	2	2496
17421 Brookhurst Dr	Detached	$899,900	4	3.5	3756
27 Juarez St	Detached	$998,000	5	3.5	4889
1891 Palisades Lake Ct	Detached	$1,425,000	4	4.5	5389
1947 Summit Dr	Detached	$1,795,000	4	5.5	5570
907 Terrace Dr	Detached	$3,000,000	6	4.5+.5+.5	7296
1405 Country Commons	Detached	$3,150,000	5	4.5+.5	6522
3917 Southshore Blvd	Detached	$5,200,000	4	4.5+.5	5083

Pending sales Oct 3-11, 2020

Address	Type	Price	BR	Baths	Sq Ft	CDOM
72 Galen St	Condo	$182,500	1	1	690	3
92 Cervantes Circle	Condo	$205,000	2	1.5	912	36
15938 Quarry Rd A-6	Condo	$235,000	2	1	991	4
4 Touchstone #70	Condo	$245,000	3	2.5	1351	136
5225 Jean Rd #506	Condo	$255,000	2	2	1100	2
45 Eagle Crest Dr #401	Condo	$285,000	3	2	1348	40
4107 Jefferson Pkwy	Condo	$325,000	2	2.5	1507	32
15486 Brianne Ct	Attached	$375,000	2	2.5	1246	8
18275 Terry Ct	Detached	$459,900	3	1.5	1270	2
1001 Cedar St	Detached	$499,000	4	2.5	2572	28
5713 Kenny St	Detached	$499,900	3	2	1384	4
937 Country Club Rd	Detached	$503,500	2	1	1650	23
19167 Longfellow Ave	Detached	$525,000	3	2	1782	6
12 Saint Helens Circle	Detached	$525,000	3	2	1780	29
4862 Indian Creek Ct	Detached	$534,900	3	2	1390	4
86 Greenridge Ct	Attached	$597,000	4	3.5	2718	109
14863 Twin Fir Ct	Detached	$610,000	3	2	1648	77
1427 Aspen ST	Detached	$635,000	4	2	2319	15
4420 Galewood St	Detached	$649,000	3	2.5	2078	4
2165 Ridge Pointe Dr	Detached	$650,000	4	3	4749	5
312 4th St	Attached	$720,000	2	2.5	1713	3
300 4th St	Attached	$724,900	2	2.5	1731	59
4388 Snowbrush Ct	Detached	$799,000	5	4	3928	153
100 D Ave	Attached	$825,000	2	2.5	1847	29
2100 Summit Dr	Detached	$849,900	3	3	2358	5
345 E Ave	Detached	$899,000	3	2	1582	2
2885 Dellwood Dr	Detached	$924,900	4	3.5	3749	78
5690 Bay Creek Dr	Detached	$969,000	4	2.5	3268	4
5871 Ridgetop Ct	Detached	$975,000	4	2.5	3543	3
17641 Brookhurst Dr	Detached	$989,000	4	2.5	3470	5
2900 Upper Dr	Detached	$1,040,000	3	2	2272	28
2701 Glen Haven Rd	Detached	$1,085,000	3	2	3134	3
1507 Cedar ST	Detached	$1,099,900	3	2.5	2505	67
428 C Ave	Attached	$1,149,888	3	3	2607	12
18320 Meadowlark Ln	Detached	$1,577,000	4	4.5+.5	6054	159
1588 View Lake Ct	Detached	$1,995,000	4	2.5+.5	4429	4
19025 Hill Top Rd	Detached	$2,199,500	5	4.5	5366	215
15607 Village Dr	Detached	$2,589,000	5	3.5	5407	230

Sold/Closed sales Oct 3-11, 2020

Address	Type	List Price	Sold Price	Sq Ft	CDOM
90 Galen St	Condo	$149,900	$150,400	552	4
16200 Pacific Hwy #24	Condo	$357,900	$300,000	1,190	164
21 Britten Ct	Attached	$429,000	$445,000	1972	4
6136 Fernbrook Circle	Detached	$449,900	$482,500	1250	5
5767 Baliene St	Detached	$499,900	$514,900	1160	45
5907 Kenny St	Detached	$499,900	$530,000	1283	1
2823 Orchard Hill Pl	Detached	$550,000	$567,500	2302	4
2735 Greentree Rd	Detached	$579,900	$590,000	1616	7
620 Tippecanoe Ct	Detached	$649,900	$650,000	1718	9
875 Boca Ratan Dr	Detached	$749,000	$675,000	2502	24
4403 Oakridge Rd	Attached	$760,000	$719,000	2052	55
16419 Lexington Ct	Detached	$739,000	$725,000	2409	9
5269 Denton Dr	Detached	$940,000	$950,000	3173	3
1149 Cherry Ln	Detached	$1,050,000	$1,015	3231	12
408 Northshore Rd	Detached	$1,395,000	$1,325	3753	254
1318 Horseshoe Curve	Detached	$1,425,000	$1,425	3715	3
18147 Pilkington Rd	Detached	$1,796,000	$1,660	4636	15
305 Chandler PL	Detached	$2,850,000	$2,700	5334	43
757 Lake Shore Rd	Detached	$3,089,000	$2,995	4098	72