Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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Most and Least Expensive

There are currently 271 properties for sale in Lake Oswego. 217 of those are detached, single-family homes and 54 are condos or townhouses. I thought that this week I’d share the extremes in the market of most and least expensive.

The least expensive condo is a 1 bedroom, 1 bath unit that has 764 square feet. It was built in 1978 and has a carport. The asking price is $169,900 The most expensive condo is 2 bedrooms, 2.5 baths, located in First Addition. It was built in 2007, 1748 square feet, and has a 2-car garage. The asking price is $829,000.

The least expensive detached house is a single-level house that was built in 1953. It has 3 bedrooms, 1 bath, 1131 square feet and has a carport. The asking price is $399,900.

The most expensive house is located on one of the most beautiful lots on the main lake. It is just a stunning setting. It’s on my walking route that I have been walking for decades. The lot had an older home on it that I found gorgeous. When that house was torn down my heart sank. I asked around because I just couldn’t see why any one would have torn it down. What I learned was that the house was built up against some massive rocks and that the foundation leaked terribly. The engineering to preserve the house was beyond the cost of a new houses foundation, so it made financial sense to tear it down and start over. The house that is now on this lot was built in 1985. It has 5544 square feet with 4 bedrooms and 5.5 baths. Along with 250′ of main lake waterfront, the house has a swimming pool, hot tub, boat house and a guest house. It was originally listed in June for $8,500,000. The price has been dropped to $6,888,000.

I used to do this comparison kind of regularly as I liked to point out that Lake Oswego does have affordable housing. A condo for $169,900 and a house for $399,990 is right in there with other parts of the Portland metro area. I’ve always felt that buyers in this price range over look Lake Oswego because they just assume that there are only super expensive, luxury homes in LO. Yes, we do have lots of the luxury stuff, but we do have affordable as well. I like to get the word out.

As always, thanks for reading,
Dianne

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Market Activity Sept 9-15, 2019

In the last week or so fall has fully arrived. Temperatures have dropped, the wind is blowing, and my yard is getting the good watering it really needs. I’m tanking up on peaches and corn while they can still be found, and the real estate market is chugging right along.

Last week in Lake Oswego we had 16 properties come onto the market, 23 go into pending status, and 16 sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 9-15, 2019)

Address Type Price BR Baths Sq Ft
3433 McNary Pkwy #301 Condo $229,000 2 2.5 1208
48 Cervantes Circle 3C Condo $299,000 2 1.5 1368
16250 Pacific Hwy #76 Condo $325,000 3 2 1745
1796 Bonniebrae Dr Townhouse $415,000 3 2.5 1738
668 McVey Ave #72 Condo $499,500 4 1.5 1184
2001 Country Club Rd Detached $549,000 3 2 2022
4045 Bass Ln Detached $610,000 4 2.5 2158
364 Northshore Rd Detached $769,000 3 2 2220
17821 Hillside Way Detached $848,000 4 3.5 3480
1699 Village Park Ln Detached $1,129,000 3 2.5+.5 3342
19990 Indian Trail Detached $1,150,000 4 3 3557
13561 Streamside Dr Detached $1,179,000 4 4.5 4240
4155 Canal Rd Detached $1,125,000 4 3.5 3805
14530 Uplands Dr Detached $1,499,900 5 3.5 4080
718 3rd St Detached $1,850,000 4 2 2859
1890 Twin Points Rd Detached $2,680,000 4 3.5 4274

Pending Sales (Sept 9-15, 2019)

Address Type Price BR Baths Sq Ft CDOM
8 Crestfield Ct Condo $172,900 1 1 689 64
15938 Quarry Rd 2B Condo $215,000 2 1 988 10
48 Eagle Crest Dr 3D Condo $283,000 2 2 1436 7
206 Greenridge Dr Attached $462,500 3 2 1392 10
524 2nd St Condo $497,500 2 2.5 1547 81
18391 Wood Thrush St Detached $499,900 3 2 1450 40
5222 Carman Dr Detached $565,000 3 2 2543 249
16972 Greentree Ave Detached $575,000 4 3 2692 7
18833 Indian Creek Ave Detached $619,900 4 2.5 2301 15
16 Da Vinci Detached $629,921 4 2.5 2460 59
17705 Tree Top Ln Detached $679,000 5 3 3428 113
2133 Ridgewood Rd Detached $729,000 4 3 2059 127
16705 Glenwood Ct Detached $750,000 5 3 4243 149
17613 Woodhurst Pl Detached $850,000 5 4 4622 31
17896 Kelok Rd Detached $874,500 6 6 4093 15
18970 Bryant Rd Detached $960,000 3 3 3172 2
3826 Upper Dr Detached $1,099,900 4 2.5 3187 231
17979 Kelok Rd Detached $1,239,000 2 2.5 2487 56
17912 Kelok Rd Detached $1,250,000 5 3 3218 6
2050 Childs Rd Detached $1,295,000 4 4.5 4814 115
13258 Amber Pl Detached $1,399,900 3 4.5 3436 485
2123 Glenmorrie Ln Detached $1,598,000 4 3.5 4331 42
4398 Lakeview Blvd Detached $2,100,000 4 3.5 3260 115

Sold/Closed (Sept 9-15, 2019)

Address Type List Price Sold Price Sq Ft CDOM
44 Eagle Crest Dr #23 Condo $177,900 $175,000 798 38
45 Eagle Crest Dr #409 Condo $200,000 $205,000 1,214 2
16250 Pacific Hwy #82 Condo $234,900 $229,900 841 32
3846 Boticelli St Condo $295,000 $275,000 1132 125
5 Bloch Terr Townhouse $364,900 $355,000 1972 54
5751 Washington Ct Detached $459,000 $439,500 2120 48
6472 Dawn St Detached $489,900 $485,000 1032 1
15275 Boones Way Attached $529,000 $520,000 1320 17
1 Cellini Ct Detached $550,000 $575,000 2200 3
14674 Rainbow Dr Detached $669,000 $625,000 3190 113
13202 Rogers Rd Detached $774,500 $760,000 3117 62
4353 Snowbrush Ct Detached $819,000 $819,000 3808 45
928 Lake Front Rd Detached $895,000 $887,500 2468 6
15167 Brook Ct Detached $935,000 $895,000 3880 66
17990 Ridge Lake Dr Detached $1,349,000 $1,260,000 3745 96
17410 Viewpoint Ln Detached $1,299,000 $1,310,000 4810 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.

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News & Notes ~ August 2019 Numbers

Here is your look at the most recent data for the entire Portland area (August 2019) and how Lake Oswego fits in to this picture just below.

According to the RMLS Market Action Report for the Portland Metro Area, August, 2019:

  • There were 3,757  New Listings in August 2019 which was down 10.8%  from August of 2018’s 4,214, and  5.3% from the previous month/July’s 3,966.
  • At 2,901 August 2019’s Closed Sales were down slightly at 2.2% lower than August 2018’s 2,967, and  again 1.5% lower than the previous month/July 2019’s total of 2,994 .
  • August 2019’s Pending Sales (accepted offers), at 2,929 were up  6.1% from August of 2018’s 2,760, but down at bit at 2.3% from the previous month/July 2019’s total of  2,998.
  • The Average Sale Price in August 2019 of $462,600 was about the same as last year/August 2018’s $462,400, and was down $3,400 from the previous month/July 2019’s $466,000.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in August 2019 of $417,500 was up from last year/August 2018’s $407,500 by $10,000, and up $5,900 from the previous month/July 2019’s $411,600 .   

Neighborhoods: August’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $440,400            1.2%   (July $406,300)
    •                                                     YTD Median: $405,000
  • NE Portland:  $506,200                   1.8%   (July $499,200 )
    •                                                     YTD Median: $430,000
  • SE Portland:  $424,000                   1.7%   (July $424,200)
    •                                                     YTD Median: $375,000
  • Gresham/Troutdale:   $372,500     5.1%   (July $373,200)
    •                                                     YTD Median: $353,000
  • Milwaukie/Clackamas:  $449,000  3.4%   (July $452,500)
    •                                                     YTD Median: $418,000
  • Oregon City/Canby:   $435,800      4.0%   (July $446,600)
    •                                                     YTD Median: $415,000
  • Lake Oswego/West Linn:$685,500 -0.7%  (July $681,000)
    •                                                      YTD Median: $590,000
  • West Portland:    $578,000             -0.7%  (July $587,800)
    •                                                     YTD Median: $520,000
  • NW Wash County:  $535,100         -2.5%   (July $557,800)
    •                                                      YTD Median: $515,000
  • Beaverton/Aloha:     $406,800       5.7%   (July $411,100)
    •                                                     YTD Median: $390,000
  • Tigard/Wilsonville:   $465,200        2.2%   (July $492,600)
    •                                                      YTD Median: $440,000
  • Hillsboro/Forest Grove: $416,000  4.1%   (July $423,300)
    •                                                      YTD Median: $384,900

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of August 2019 reported:

    •  452 Active Listings  (July 451)
    •  199 New Listings     (July 226)
    •  140 Pending Sales   (July 187)
    •  187 Closed Sales      (July 170)
    • Average Sale Price for August: $685,500  (July $681,000)
      • 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.
    •  76 Average Days on the Market   (July 62)

 

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Market Activity ~ Sept 2-8, 2019

There’s a bit of a chill in the air (its just a tease…warm weather will be back!) and a total of 279 homes for sale in Lake Oswego right now. Last week 12 New properties entered the market, 20 moved to Pending status, and 13 were “Closed”/Sold.

We continue to see a really nice spectrum of price ranges, and of course this time of year is always the best time for a Buyer in this area. I’d be happy to explain to you the “why’s” of that anytime!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Sept 2-8, 2019)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR, D53 $219,000 1 1 836 CONDO
200 CERVANTES / Grnd $229,000 3 1.1 1138 CONDO
4438 THUNDER VISTA LN #4438 $349,900 3 2.1 2040 CONDO
5178 LOWER DR $565,000 3 2 1800 DETACHD
975 SOUTHSHORE BLVD $639,900 3 2.1 2191 DETACHD
7 MOUNTAIN VIEW LN $799,500 5 2.1 3324 DETACHD
2025 WEMBLEY PARK RD $925,000 4 2.1 2700 DETACHD
16495 GLENWOOD CT $1,219,000 5 3.1 4533 DETACHD
17912 KELOK RD $1,250,000 5 3 3218 DETACHD
3250 FIR RIDGE RD $1,349,000 4 3.1 3541 DETACHD
15566 VILLAGE PARK CT $1,398,000 5 3.1 4855 DETACHD
3270 FIR RIDGE RD $1,449,000 4 3.1 3872 DETACHD

PENDING SALES (Sept 2-8, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #56 $189,000 3 1 1024 CONDO 53
3992 CARMAN DR $325,000 2 2.1 1107 CONDO 8
44 TOUCHSTONE $425,000 4 3 2507 DETACHD 23
16494 INVERURIE RD $449,000 3 1 1302 DETACHD 68
21 MOUNTAIN CIR $469,000 3 2 1820 ATTACHD 18
20 NORTHVIEW CT $599,000 3 3.1 2809 ATTACHD 65
4938 MULHOLLAND DR $599,900 3 2.1 2558 ATTACHD 86
18833 INDIAN CREEK AVE $619,900 4 2.1 2301 DETACHD 3
819 BOCA RATAN DR $713,000 4 3 2760 DETACHD 939
5998 FROST LN $749,000 4 2.1 2935 DETACHD 22
4180 CHAPMAN WAY $774,900 4 2.1 2681 DETACHD 12
1505 EASTVIEW CT $799,000 3 3.1 3367 DETACHD 102
5 SCARBOROUGH DR $815,000 4 2.1 3221 DETACHD 26
5705 SOUTHWOOD DR $879,000 4 2.1 3360 DETACHD 7
4613 DOGWOOD DR $1,040,000 5 3.1 4524 DETACHD 125
1525 MAPLE ST $1,050,000 4 3.1 3000 DETACHD 214
18049 SKYLAND CIR $1,080,000 3 3 3717 DETACHD 188
18989 PILKINGTON RD $1,189,950 4 3 3640 DETACHD 418
272 GREENWOOD RD $1,195,000 4 3.1 3218 DETACHD 153
919 WESTPOINT RD $3,899,000 4 4 4858 DETACHD 508

SOLD (Sept 2-8, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
5054 FOOTHILLS DR, E $299,999 $300,000 3 2 1252 CONDO 8
5054 FOOTHILLS DR, C $299,900 $310,000 3 2 1252 CONDO 2
15252 BOONES WAY $485,000 $430,000 3 2 1672 ATTACHD 283
12 CONDOLEA DR / Main $425,000 $430,000 2 2 1312 CONDO 16
15368 WALUGA DR $599,000 $475,000 3 2 1876 DETACHD 420
150 KINGSGATE RD $485,000 $490,000 3 2 1502 DETACHD 20
6419 SW DAWN ST $609,900 $578,000 4 2.1 2016 DETACHD 382
16950 LAKERIDGE DR $659,000 $636,300 4 2.1 2346 DETACHD 9
1816 PALISADES LAKE CT $860,000 $640,000 3 2.1 4598 DETACHD 161
2770 WEMBLEY PARK RD $815,000 $732,500 5 3 3378 DETACHD 112
893 10TH ST $1,295,000 $1,235,000 4 2.1 2719 DETACHD 116
16359 CHAPIN WAY $1,395,000 $1,265,000 4 3.1 4158 DETACHD 59
13366 BRIARWOOD LN $1,325,000 $1,325,000 5 3 3310 DETACHD 56

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.

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Market Activity Aug 26-Sept 1, 2019

Real estate in Lake Oswego picked up a little last week. Not back to the numbers we saw in May and June, but a bit of an uptake from the last couple of weeks of August. This is probably because school has started and people are back into their routines. We had 20 new listings, 26 pending sales (that’s the uptick), and 18 closed/sold properties.

Following is the breakdown for you according to RMLS:

New on the Market (Aug 26-Sept 1, 2019)

Address Type Price BR Baths Sq Ft
4 Touchstone #69 Condo Auction 3 3 1351
15938 Quarry Dr Condo $309,000 2 1 988
3924 Carman Dr Townhouse $309,000 2 2.5 1140
3992 Carman Dr Condo $325,000 2 2.5 1107
4425 Thunder Vista Ln Condo $325,000 2 2.5 1980
5054 Foothills Dr H Attached $327,000 3 2 1252
102 Greenridge Ct Attached $455,000 3 2.5 2004
206 Greenridge Dr Detached $462,500 3 2 1392
16193 Inverurie Rd Detached $498,000 3 2 1248
1280 Oak Terrace Detached $549,900 3 2 1670
4366 Sunset Dr Detached $559,000 3 2.5 2440
4981 Hampton Ct Detached $619,000 4 2.5 2440
17896 Kelok Rd Detached $874,500 6 6 4093
5705 Southwood Dr Detached $879,000 4 2.5 3360
1405 Country Commons Ln Detached $1,200,000 4 3 4083
18026 Skyland Circle Detached $1,399,000 5 3.5 4134
667 Lake Bay Ct Detached $1,784,900 4 3.5 3616
17852 Upper Cherry Ln Detached $1,795,000 3 3 5299
1251 Forest Meadows Way Detached $2,125,000 4 3.5 5000
3015 Wembley Park Rd Detached $2,469,900 4 4.5 5211

Pending Sales (Aug 26-Sept 1, 2019)

Address Type Price BR Baths Sq Ft CDOM
5225 Jean Rd #403 Condo $279,000 2 2 1200 10
668 McVey Ave #55 Condo $294,900 1 1 636 196
4204 Woodside Circle Townhouse $329,900 2 2 1308 115
16317 Bonaire Ave Detached $349,000 3 1.5 1219 5
5787 Baliene St Detached $389,900 3 1 960 22
23 Mountain Circle Detached $445,000 2 2 1363 141
9 Pericles Detached $449,000 3 2.5 2197 1
17273 Bryant Rd Detached $475,000 3 1.5 1452 37
16722 Lake Forest Blvd Detached $484,900 4 2 1968 85
4281 Chapman Way Detached $539,900 4 3 2038 50
1551 Woodland Terr Detached $549,900 4 2 2712 1479
2415 Glen Haven Rd Detached $560,000 5 3 2614 47
3781 Tempest Dr Detached $599,000 3 2.5 3927 59
8 Walking Woods Dr Detached $599,900 4 3 3105 216
14677 Doris Ave Detached $599,900 5 3 2848 30
22 Juarez St Detached $599,900 4 2.5 3096 88
18225 SW 65th Ave Detached $625,000 5 2.5 2210 39
5587 Bay Creek Dr Detached $639,000 4 2.5 2507 11
13660 Shireva Dr Detached $649,000 4 3 2674 35
30 Westridge Dr Detached $659,900 4 3 3290 27
75 Nansen Summit Detached $675,000 4 3.5 3214 47
877 Cornell St Detached $715,000 3 3 3041 3
1125 Northshore Rd Detached $1,150,000 3 2 1589 49
3540 Red Cedar Way Detached $1,295,000 4 3.5 4023 72
748 6th St Detached $1,425,000 4 4.5 2865 151
1715 Edgecliff Terr Detached $1,675,000 4 4.5 4927 372

Sold/Closed (Aug 26- Sept 1, 2019)

Address Type List Price Sold Price Sq Ft CDOM
200 Burnham Rd #403 Condo $250,000 $250,000 1199 11
3828 Botticelli Condo $279,000 $282,500 1,273 21
17903 Belmore Ave Detached $469,900 $330,000 2016 78
12882 Boones Ferry Rd Condo $379,900 $367,000 1182 98
18365 SW 65th Ave Detached $389,000 $389,000 1032 9
19060 Indian Creek Ave Detached $524,000 $461,500 1566 120
17683 Schalit Way Detached $500,000 $515,000 1463 19
69 Condolea Terr Condo $569,900 $550,000 2157 13
17435 Bonniebrae Dr Detached $739,000 $689,000 3200 106
5536 Kilchurn Ave Detached $749,900 $722,500 2550 11
5327 Carman Grove Ln Detached $949,500 $918,000 3125 99
5680 Childs Rd Detached $1,099,000 $965,000 3430 68
5702 Meadowcreek Ct Detached $1,149,000 $1,089,000 3205 81
3197 Alber Spring Ct Detached $1,489,000 $1,335,000 4852 146
125 Middlecrest Rd Detached $1,429,000 $1,375,000 3242 8
611 Ridgeway Rd Detached $1,650,000 $1,550,000 4463 128
17613 Kelok Rd Detached $2,098,000 $1,971,500 4750 34

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.

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Market Activity ~ Aug 19-25, 2019

There are a total of 301 homes for sale in Lake Oswego right now. Last week 14 New properties entered the market, 14 moved to Pending status, and 24 were “Closed”/Sold. A really nice spectrum of price ranges… in those coming on the market, going Pending and Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Aug 19-25, 2019)

Address List Price # Beds # Baths Total SF Prop Type
213 Cervantes $234,999 2 1.1 1216 CONDO
317 CERVANTES $240,000 2 2 1209 CONDO
164 OSWEGO SMT $249,000 2 2 1383 CONDO
668 MCVEY AVE #45 $249,000 2 1 852 CONDO
668 MCVEY AVE #74 $298,500 1 1 636 CONDO
32 CONDOLEA DR / Main $359,900 2 2 1420 CONDO
3600 RED CEDAR WAY $585,000 4 2 2058 DETACHD
30 BECKET ST $585,000 3 2 2077 DETACHD
16 ABELARD ST $625,000 5 3 3012 DETACHD
4180 CHAPMAN WAY $774,900 4 2.1 2681 DETACHD
4092 ORCHARD WAY $835,000 4 3.1 3591 DETACHD
555 ATWATER RD $859,000 5 3 4016 DETACHD
13978 WESTCOTT CT $945,000 4 3 3267 DETACHD
16800 LAKERIDGE DR $1,100,009 4 3 2369 DETACHD

PENDING SALES (Aug 19-25, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #409 $200,000 2 2 1214 CONDO 2
86 KINGSGATE RD #H201 $219,000 2 2 840 CONDO 5
86 KINGSGATE RD #F204 $225,000 2 2 849 CONDO 4
3896 BOTTICELLI ST $271,000 2 1.1 1132 CONDO 99
5054 FOOTHILLS DR, C $299,900 3 2 1252 CONDO 2
16200 PACIFIC HWY #9 $425,000 2 2 1190 CONDO 2
6472 SW DAWN ST $489,900 3 2 1032 DETACHD 1
18052 HOBBIT CT $646,700 4 3.1 3289 DETACHD 126
870 LAKE FOREST DR $747,900 3 2.1 1980 DETACHD 9
2903 LAKEVIEW BLVD $770,000 2 2.1 1951 DETACHD 44
15564 VILLAGE DR $1,098,000 4 2.1 3260 DETACHD 4
18953 PILKINGTON RD $1,147,900 4 3 3420 DETACHD 410
13131 KNAUS RD $1,697,000 6 3.2 5353 DETACHD 6
4011 WESTBAY RD $1,795,000 4 3 4518 DETACHD 159

SOLD (Aug 19-25, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
44 EAGLE CREST DR #41 $194,950 $199,000 2 1 908 CONDO 3
4 TOUCHSTONE #140 $229,000 $225,000 3 2.1 1351 CONDO 11
bb#B23 $265,000 $265,000 2 2 866 CONDO 9
3862 BOTTICELLI ST / Grnd $279,900 $271,300 3 2 1224 CONDO 8
3822 BOTTICELLI ST $289,900 $285,000 3 2 1171 CONDO 10
5835 COLBY CT $419,900 $429,900 3 1.1 1209 DETACHD 8
4960 CENTERWOOD ST $540,000 $540,000 3 2 1663 DETACHD 1
3977 BASS LN $549,000 $590,000 3 2 1953 DETACHD 6
21 GROUSE TER $647,000 $610,000 4 2.1 3108 DETACHD 37
5602 SOUTHWOOD DR $660,000 $695,000 3 2.1 2636 DETACHD 3
949 CUMBERLAND RD $750,000 $725,000 4 2.1 2420 DETACHD 15
19 HIDALGO ST $735,000 $735,000 4 3.1 4747 DETACHD 19
17802 TREE TOP LN $799,900 $800,000 4 3.1 4110 DETACHD 1
2927 TOLKIEN LN $798,000 $805,000 4 2.1 2819 DETACHD 8
12511 SHELBY CT $925,000 $820,000 5 3.1 3641 DETACHD 30
642 3rd ST $879,900 $879,900 3 2.1 2274 CONDO 63
2 GROUSE TER $949,000 $914,460 4 3 4446 DETACHD 77
16586 PHANTOM BLUFF CT $999,000 $995,000 3 2.1 2571 DETACHD 167
5051 LAKEVIEW BLVD $1,199,000 $1,011,350 4 3.1 3506 DETACHD 84
19114 35TH PL $1,095,000 $1,040,000 4 4.1 5447 DETACHD 308
2912 WEMBLEY PARK RD $1,475,000 $1,395,000 4 3.2 4389 DETACHD 155
17763 Kelok RD $1,495,000 $1,438,000 4 4 3840 DETACHD 354
13430 FIELDING RD $2,298,000 $1,900,000 4 3.1 4376 DETACHD 332
1277 CHANDLER RD $1,998,000 $1,995,000 4 3.1 4500 DETACHD 471

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.

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Market Activity Aug 12-18, 2019

What a beautiful summer we are having! School starts in just one week. Time to slow down and really enjoy the fresh, sunny air and the long summer evenings. The best!

The market in Lake Oswego continues to be really balanced with nearly equal numbers of houses coming onto the market as houses that go pending. Last week we had 18 new listings, 19 pending sales, and 21 closed/sold properties.

Following is the breakdown for you according to RMLS:

New on the Market (Aug 12-18, 2019)

Address Type Price BR Baths Sq Ft
25 Oswego Summit condo $180,000 1 1 721
86 Kingsgate Rd H201 condo $219,000 2 2 840
318 Cervantes condo $239,900 3 2 1209
5225 Jean Rd #403 condo $279,000 2 2 1200
13 Erasmus St condo $319,900 2 2.5 1434
22 condolea Dr condo $385,000 2 2 1448
44 Touchstone Detached $425,000 4 3 2507
14401 Sherbrook Pl Attached $455,000 3 2.5 1823
21 Mountain Circle Attached $469,000 3 2 1820
1448 Cedar St Detached $649,000 4 3 2544
358 Lake Bay Ct Detached $735,000 3 2 1460
870 Lake Forest Dr Detached $747,900 3 2.5 1980
5998 Frost Ln Detached $749,000 4 2.5 2935
19319 Dogwood Ct Detached $825,000 4 2.5 3119
5 Scarborough Dr Detached $849,000 4 2.5 3221
3 Dover Way Detached $999,000 5 3.5+.5 4988
2311 Palisades Crest Dr Detached $1,279,000 4 2.5 4903
13131 Knaus Rd Detached $1,697,000 6 3.5+.5 5353

Pending Sales (Aug 12-18, 2019)

Address Type Price BR Baths Sq Ft CDOM
44 Eagle Crest Dr #23 Condo $175,000 1 1 798 38
4 Touchstone #91 Condo $209,900 2 2 993 77
4 Touchstone #140 Condo $229,000 3 2.5 1351 11
93 Oswego Summit Condo $239,000 2 2 1212 20
668 McVey Ave #55 Condo $294,900 1 1 636 186
5292 Firwood Rd Detached $499,000 3 1 1170 10
18391 Wood Thrush St Detached $499,900 3 2 1450 13
15275 Boones Way Attached $529,000 2 2 1320 17
1816 Palisades Lake Ct Detached $685,000 3 2.5 4598 161
1570 Bonniebrae Dr Detached $699,000 5 3 3200 106
14211 Dolph Ct Detached $699,000 3 2 1980 25
676 9th St Detached $799,900 2 1 1982 13
171 5th St Detached $849,000 4 2 2367 87
928 Lake Front Rd Detached $895,000 3 3 2468 6
5051 Lakeview Blvd Detached $1,079,900 4 3.5 3506 84
17990 Ridge Lake Dr Detached $1,299,000 5 3.5 3745 96
17410 Viewpoint Ln Detached $1,299,000 4 4 4810 9
13366 Briarwood Ln Detached $1,325,000 5 3 3310 56
13322 Briarwood Ln Detached $1,650,000 4 4 3921 55

Sold/Closed (Aug 12-18, 2019)

Address Type List Price Sold Price Sq Ft CDOM
45 Eagle Crest Dr #516 Condo $190,000 $197,000 600 36
172 Oswego Summit Condo $254,900 $227,000 1,383 146
750 1st St D22 Condo $269,000 $260,000 1350 28
5225 Jean Rd #404 Condo $365,000 $365,000 1500 3
6024 Fernbrook Circle Detached $475,000 $444,000 1616 50
908 Bickner St Detached $525,000 $460,000 2263 26
2001 Greentree Rd Detached $475,000 $472,500 2288 0
1760 Oak St Detached $519,000 $495,000 1680 9
6059 Seville Ave Detached $500,000 $500,000 2000 0
225 Hidalgo St Detached $574,900 $565,000 2251 7
14333 Sherbrook Pl Detached $588,000 $580,000 1475 8
14664 Rainbow Dr Detached $635,000 $635,000 3122 21
25 El Greco St Detached $685,000 $661,000 3731 26
4920 Mulholland Attached $699,888 $665,000 2498 79
327 Laurel St Detached $749,900 $670,000 2520 105
515 5th St Detached $799,000 $725,000 2295 434
5332 Lower Dr Detached $775,000 $750,000 2632 78
752 Lake Forest Dr Detached $795,000 $800,000 2319 0
17760 Overlook Circle Detached $779,000 $800,000 2357 5
29 Hillshire Dr Detached $1,150,000 $999,000 4690 144

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.

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Market Activity ~ Aug 5-11, 2019

There are a total of 299 homes for sale in Lake Oswego right now. Last week 11 New properties entered the market, 23 moved to Pending status, and 24 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Aug 5-11, 2019)

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE #91 $209,900 2 2 993 CONDO
5787 BALEINE ST $389,900 3 1 960 DETACHD
5222 CARMAN DR $565,000 3 2 2543 DETACHD
18225 SW 65TH AVE $625,000 5 2.1 2210 DETACHD
2013 RIDGEWOOD RD $1,099,000 5 3.1 5226 DETACHD
5350 SW DAWN ST $1,100,000 3 3 2420 DETACHD
272 GREENWOOD RD $1,195,000 4 3.1 3218 DETACHD
4687 FIRWOOD RD $1,198,000 3 2.1 2803 DETACHD
18124 PIONEER CT $1,298,000 3 2.1 3201 DETACHD
2445 GLENMORRIE DR $1,385,000 5 5 5168 DETACHD
1715 EDGECLIFF TER $1,675,000 4 4.1 4927 DETACHD

PENDING SALES (Aug 5-11, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #82 $229,900 1 1 841 CONDO 32
3846 BOTTICELLI ST / Grnd $265,000 2 1.1 1132 CONDO 125
3822 BOTTICELLI ST $289,900 3 2 1171 CONDO 10
5 BLOCH TER $364,900 3 2.1 1972 TOWNHSE 54
19060 INDIAN CREEK AVE $499,999 3 2 1566 DETACHD 120
805 BULLOCK ST $519,900 4 2 2482 DETACHD 44
15368 WALUGA DR $525,000 3 2 1876 DETACHD 420
16860 LAKERIDGE DR $534,000 3 2 1829 DETACHD 2
14674 RAINBOW DR $648,000 4 3 3190 DETACHD 113
1058 HEMLOCK ST $649,900 4 3 2077 DETACHD 110
3220 EDGEMONT RD $689,999 4 3 2124 DETACHD 89
17321 CANYON DR $699,500 5 3.1 4825 DETACHD 5
1286 LARCH ST $724,900 4 2.1 2410 DETACHD 10
13485 STREAMSIDE DR $799,900 4 3 3023 DETACHD 3
4353 SNOWBRUSH CT $819,000 5 3.1 3808 DETACHD 45
642 3rd ST $879,900 3 2.1 2274 CONDO 63
4027 CANAL WOODS CT $1,069,000 4 3.1 4232 DETACHD 118
5702 MEADOWCREEK CT $1,089,000 4 3.1 3205 DETACHD 81
893 10TH ST $1,295,000 4 2.1 2719 DETACHD 116
16359 CHAPIN WAY $1,348,000 4 3.1 4158 DETACHD 59
3919 SOUTHSHORE BLVD $1,425,000 4 3.1 3986 DETACHD 4
19575 35TH CT $2,225,000 5 3 6081 DETACHD 23
13085 SW KNAUS RD $2,300,000 4 2.1 3993 DETACHD 16

SOLD (Aug 5-11, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #46 $360,000 $325,000 2 2 1305 CONDO 12
1918 BONNIEBRAE DR $400,000 $380,000 4 2 1595 TOWNHSE 18
114 GREENRIDGE CT $420,000 $395,000 2 2 1824 TOWNHSE 60
438 5TH ST $450,000 $440,000 2 1.1 1092 CONDO 16
32 AQUINAS ST $479,990 $479,990 3 2 1518 DETACHD 7
15136 GLEN EAGLES CT $799,999 $550,000 5 3 3150 DETACHD 163
19061 INDIAN SPRINGS RD $569,900 $570,000 4 3 2341 DETACHD 48
17617 SYDNI CT $615,000 $600,000 4 2.1 2651 TOWNHSE 36
8 SIBELIUS CT $595,000 $627,000 4 2.1 2445 DETACHD 4
737 ASH ST $649,990 $640,000 4 2 2428 DETACHD 118
2401 GLEN HAVEN RD $699,900 $652,500 4 3 2942 DETACHD 38
1426 GREENTREE CIR $689,900 $685,000 4 3 3216 DETACHD 14
5492 YORKSHIRE PL $719,900 $690,000 4 2.1 2462 DETACHD 46
5950 HARRINGTON AVE $799,000 $745,000 4 3.1 2816 DETACHD 48
15147 BROOK CT $815,000 $825,000 4 2.1 3221 DETACHD 4
16176 MATTHEW CT $839,900 $837,500 4 2.1 3474 DETACHD 27
2358 SUMMIT DR $880,000 $845,000 3 2.1 2995 DETACHD 14
6044 CLAIRMONT CT $880,000 $847,000 4 2.1 3430 DETACHD 274
917 LAUREL ST $987,000 $850,000 4 3.1 3182 DETACHD 141
35 HIDALGO ST $879,000 $875,000 3 3.1 3926 DETACHD 325
17878 HILLSIDE DR $899,900 $889,000 5 3 3594 DETACHD 40
3623 EENA RD $990,000 $927,000 4 3.1 3429 DETACHD 89
18058 PILKINGTON RD $1,140,000 $1,075,000 3 3 3185 DETACHD 82
841 NORTHSHORE RD $1,398,000 $1,275,000 3 3 2388 DETACHD 189

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.

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Market Activity July 29-Aug 4, 2019

We had a great week in real estate last week in Lake Oswego. 18 new listings came onto the market, 22 properties went into pending status and there were 26 closed/sold houses.

Following is the breakdown for you according to RMLS:

New on the Market (July 29-Aug 4, 2019)

Address Type Price BR Baths Sq Ft
4 Touchstone #140 Condo $229,000 3 2.5 1351
3822 Botticlelli St Condo $289,900 3 2 1171
18391 Wood Thrush St Detached $499,900 3 2 1450
14498 Camden Ln Detached $599,000 4 2.5 1918
14677 Doris Ave Detached $625,000 5 3 2848
45 Becket St Detached $650,000 3 2.5 2653
30 Westridge Dr Detached $659,900 4 3 3290
14201 Dolph Ct Detached $699,000 3 2 1916
17321 Canyon Dr Detached $699,500 5 3.5 4825
1286 Larch St Detached $724,900 4 2.5 2410
71 Nansen Summit Detached $749,000 4 2.5 3523
676 9th St Detached $799,900 2 1 1982
5005 Dogwood Dr Detached $987,000 5 3.5 4143
18803 Riven Dell Ct Detached $1,100,000 4 4.5 4538
1623 Maple St Detached $1,475,000 5 3.5 4797
2123 Glenmorrie Ln Detached $1,598,000 4 3.5 4331
16 Bernini Ct Detached $1,725,000 6 5 4786
1592 View Lake Ct Detached $2,195,000 3 3 3114

Pending Sales (July 29-Aug 4, 2019)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #42 Condo $189,900 2 1.5 822 106
44 Eagle Crest Dr #41 Condo $194,950 2 1 908 3
3828 Botticelli St Condo $279,000 3 2 1273 21
750 1st St A7 Condo $296,000 2 2 1350 3
5225 Jean Rd #404 Condo $365,000 3 2 1500 3
18365 SW 65th Ave Detached $389,000 3 1 1032 9
12 Condolea Dr Condo $425,000 2 2 1312 16
6024 Fernbrook Circle Detached $465,000 3 2 1616 50
150 Kingsgate Rd Detached $485,000 3 2 1502 20
17653 Schalit Way Detached $450,000 3 2 1463 19
1760 Oak St Detached $519,000 5 2 1680 9
1 Cellini Ct Detached $550,000 3 2.5 2200 3
69 Condolea Ter Condo $569,900 2 2.5 2157 13
6419 Dawn St Detached $584,900 4 2.5 2016 382
18225 65th Ave Detached $599,000 5 2.5 2210
1621 Woodland Ter Detached $599,000 4 2.5 2933 34
4989 Mulholland Dr Attached $624,500 2 2.5 2403 7
515 5th St Detached $739,000 2 1.5 2295 434
5536 Kilchurn Ave Detached $749,900 5 2.5 2550 11
15147 Brook Ct Detached $815,000 4 2.5 3221 4
3197 Alber Spring Ct Detached $1,449,000 4 4.5 4852 146
748 1st St Detached $1,799,900 5 4 3854 183

Sold/Closed (July 29-Aug 4, 2019)

Address Type List Price Sold Price Sq Ft CDOM
4000 Carman Dr D53 Condo $169,023 $130,000 836 43
245 Cervantes Condo $279,999 $274,900 1,292 28
750 1st St #26 Condo $297,000 $295,000 1350 11
5225 Jean Rd #603 Condo $300,000 $305,000 1400 122
5060 Foothills Dr E Condo $349,000 $344,000 1252 6
17781 Overlook Circle Detached $599,900 $545,000 2741 4
2440 Greentree Rd Detached $549,900 $550,000 1881 4
1029 Laurel St Detached $575,000 $551,500 3188 8
17468 Fir Rd Detached $550,000 $569,000 1820 5
15790 Murwood Ct Detached $639,000 $599,000 2075 72
1640 Maple St Detached $625,000 $625,000 2091 6
1790 Westview Dr Detached $689,900 $689,900 3387 17
4120 Orchard Way Detached $739,000 $720,000 3123 22
1515 Cherry Ln Detached $1,350,000 $800,000 4699 1063
32 Wilbur St Townhouse $839,000 $839,000 2671 63
3232 Wembley Park Rd Detached $850,000 $847,000 2841 32
17590 Blue Heron Rd Detached $879,900 $867,900 2160 5
13707 Fielding Rd Detached $1,500,000 $878,500 3337 865
5476 Southwood Dr Detached $950,000 $935,000 3858 11
13915 Sundeleaf Dr Detached $1,085,000 $975,000 4090 152
2008 Ridgewood Rd Detached $1,170,000 $1,120,000 4268 9
1385 Morning Sky Ct Detached $1,240,000 $1,130,000 3690 119
18977 Pilkington Rd Detached $1,289,000 $1,295,500 3590 284
1128 Englewood Dr Detached $1,999,888 $1,770,000 8981 195
1411 Lake Front Rd Detached $2,098,000 $1,900,000 3349 39
940 Hoodview Ln Detached $2,248,000 $2,248,000 4638 107

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.

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Market Activity ~ July 22-28, 2019

There are a total of 303 homes for sale in Lake Oswego right now. Last week 17 New properties entered the market, 28 moved to Pending status, and 20 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (July 22-28, 2019)

Address List Price # Beds # Baths Total SF Prop Type
93 OSWEGO SMT / Upper $239,000 2 2 1212 CONDO
18365 SW 65TH AVE $389,000 3 1 1032 DETACHD
17273 BRYANT RD $492,000 3 1.1 1452 DETACHD
15275 BOONES WAY $529,000 2 2 1320 ATTACHD
16921 KARA LN $620,000 3 2.1 2382 DETACHD
4989 MULHOLLAND DR $624,500 2 2.1 2403 ATTACHD
13660 SHIREVA DR $679,000 4 3 2674 DETACHD
440 9TH ST $688,000 3 2 2475 DETACHD
5709 CHARLES CIR $772,850 4 2.1 2912 DETACHD
15870 TWIN FIR RD $934,000 3 2.1 2856 DETACHD
531 LAUREL ST $985,000 4 3.1 2771 DETACHD
144 LEONARD ST $1,229,000 4 3.1 3552 DETACHD
1692 VILLAGE PARK LN $1,299,000 4 3.1 3500 DETACHD
1369 ANDREWS RD $1,550,000 6 4.1 3513 DETACHD
17171 CEDAR RD $1,795,000 4 3.1 3746 DETACHD
13085 SW KNAUS RD $2,300,000 4 2.1 3993 DETACHD
18783 STAFFORD RD $2,795,000 5 4.2 5757 DETACHD

PENDING SALES (July 22-28, 2019, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
8 CRESTFIELD CT / Upper $172,900 1 1 689 CONDO 11
239 CERVANTES / Upper $189,000 2 2 1100 CONDO 91
45 EAGLE CREST DR #516 $200,000 0 1 600 CONDO 36
200 BURNHAM RD #403 $250,000 2 1 1199 CONDO 11
4000 CARMAN DR, B23 $265,000 2 2 866 CONDO 9
668 MCVEY AVE 310 $299,995 3 1.1 992 CONDO 118
5835 COLBY CT $419,900 3 1.1 1209 DETACHD 8
15252 BOONES WAY $450,000 3 2 1672 ATTACHD 283
112 TOUCHSTONE TER $485,000 3 2.1 1964 TOWNHSE 12
1659 OAK ST $549,000 3 2.1 1885 DETACHD 30
1029 LAUREL ST $575,000 3 2.1 3188 DETACHD 8
3977 BASS LN $599,000 3 2 1953 DETACHD 6
8 WALKING WOODS DR $599,900 4 3 3105 DETACHD 182
4889 HAMPTON CT $599,900 3 2.1 2206 DETACHD 95
16950 LAKERIDGE DR $659,000 4 2.1 2346 DETACHD 9
5602 SOUTHWOOD DR $660,000 3 2.1 2636 DETACHD 3
19 HIDALGO ST $735,000 4 3.1 4747 DETACHD 19
13202 ROGERS RD $759,950 4 2.1 3117 DETACHD 62
2927 TOLKIEN LN $798,000 4 2.1 2819 DETACHD 8
17802 TREE TOP LN $799,900 4 3.1 4110 DETACHD 1
15167 BROOK CT $920,000 4 3.1 3880 DETACHD 66
5680 CHILDS RD $999,990 5 4.1 3430 DETACHD 68
4721 FIRWOOD RD $1,099,000 4 2.1 3575 DETACHD 239
4320 HAVEN ST $1,200,000 4 3.1 4526 DETACHD 165
17979 KELOK RD $1,239,000 2 2.1 2487 DETACHD 7
2912 WEMBLEY PARK RD $1,435,000 4 3.2 4389 DETACHD 155
17613 KELOK RD $2,098,000 4 3 4750 DETACHD 34
920 WESTPOINT RD $4,300,000 4 4.1 6337 DETACHD 162

SOLD (July 22-28, 2019, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #125 $210,000 $198,000 2 2 984 CONDO 256
47 EAGLE CREST DR #18 $199,999 $209,500 2 1 932 CONDO 36
45 CONDOLEA CT $459,900 $425,000 2 2.1 2157 CONDO 9
7210 SW CHILDS RD $424,900 $433,000 3 2 1542 DETACHD 168
138 KINGSGATE RD $475,000 $466,000 3 2.1 1680 DETACHD 8
5737 WASHINGTON CT $478,500 $478,500 4 1.1 1508 DETACHD 2
1117 HEMLOCK ST $525,000 $504,117 3 2 1680 DETACHD 91
939 F AVE $550,000 $550,000 4 2 1706 DETACHD 0
1041 C AVE $630,000 $594,000 3 2 1580 DETACHD 7
17475 WESTVIEW DR $619,950 $604,000 3 2.1 2602 DETACHD 27
1926 WOODLAND TER $609,900 $611,900 4 3 2752 DETACHD 4
16134 WHITE OAKS DR $749,900 $680,000 4 2.1 2613 DETACHD 23
750 BRIERCLIFF LN $769,000 $740,000 3 3 2682 DETACHD 33
26 WILBUR ST $780,000 $750,000 3 2.1 2802 CONDO 18
4250 VIRGINIA WAY $849,000 $915,000 5 5 3283 DETACHD 2
5728 BAY CREEK DR $945,000 $925,000 5 2.1 3598 DETACHD 25
686 RIDGEWAY RD $1,075,000 $1,050,000 5 3 3048 DETACHD 303
19375 SW EASTSIDE RD $1,150,000 $1,150,000 4 3.1 4439 DETACHD 3
367 10TH ST $1,289,000 $1,228,000 4 3.1 3807 DETACHD 21
3096 WEMBLEY PARK RD $1,575,000 $1,415,000 5 4 4165 DETACHD 137

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.