Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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Market Activity Feb 25-March 3, 2019

Last week in Lake Oswego 8 new listings came onto the market, 18 properties accepted offers and went into pending status, and 9 properties became sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 25-March 3, 2019)

Address Type Price BR Baths Sq Ft
12866 Boones Ferry Rd Condo $385,000 2 2.5 1182
19 Walking Woods Dr Detached $545,000 3 2 2513
5835 Langford Ln Detached $575,000 2 2 1850
18049 Skyland Circle Detached $1,125,000 3 3 3717
1023 Bayberry Rd Detached $1,399,900 3 2.5 2958
3101 Douglas Circle Detached $1,438,950 5 4.5 4430
407 G Ave Detached $1,980,000 4 3.5 4635
420 Ridgeway Rd Detached $2,695,000 4 4 3505

Pending Sales (Feb 25-March 3, 2019)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #6 Condo $159,900 1 1 617 259
94 Oswego Summit Condo $245,000 2 2 1140 5
343 5th St #2 Condo $250,000 2 1 910 20
2071 Bonniebrae Dr Townhouse $379,900 3 2 1611 7
1410 Spruce St Detached $525,000 3 2 1242 15
5079 W Sunset Dr Attached $529,900 2 2.5 1734 81
5807 Ridgetop Ct Detached $660,000 5 2.5 2610 149
29 Spinosa Detached $664,900 3 2.5+.5 3262 3
45 Da Vinci St Detached $729,900 4 3.5 3122 4
4120 Southshore Blvd Detached $795,000 3 3 2079 2
4028 Orchard Dr Detached $825,000 4 2.5 3343 30
641 3rd St Condo $849,900 3 2.5 3343 134
5364 Langford Ln Detached $849,999 3 2.5 3022 32
17596 Greenbluff Dr Detached $934,900 4 2.5 3150 42
179 Iron Mountain Blvd Detached $1,175,000 5 4.5 5245 95
725 5th St Detached $1,199,900 4 3 2748 3
13750 Knaus Rd Detached $1,199,999 5 4 4773 354
939 Lake Front Rd Detached $1,699,900 5 4 4106 574

Sold/Closed (Feb 25-March 3, 2019)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Pdwy #16 Condo $205,000 $208,000 823 2
4000 Carman Dr #40 Condo $269,000 $259,000 906 115
5225 Jean Rd #513 Condo $315,000 $292,000 1400 156
16061 Waluga Dr Detached $500,000 $439,000 676 88
5123 Jean Rd Detached $570,000 $547,000 2400 276
4451 Bernard St Detached $550,000 $550,000 1806 5
5326 Westfield Ct Detached $775,000 $752,500 3259 110
1813 Palisades Lake Ct Detached $1,015,000 $995,000 4119 302
1160 Northshore Rd Detached $1,898,000 $1,750,000 2794 302

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 ~ Feb 18-24, 2019

There are a total of 202 homes for sale in Lake Oswego right now. Last week 12 New properties entered the market, 21 moved to Pending status, and 12 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 18-24, 2019)

Address List Price # Beds # Baths Total SF Prop Type
172 OSWEGO SMT, Main FLr $254,900 2 2 1383 CONDO
4643 LAKEVIEW BLVD/Upper $289,900 2 2 1178 CONDO
12714 BOONES FERRY RD $359,000 3 1 996 DETACHD
2071 BONNIEBRAE DR $379,900 3 2 1611 TOWNHSE
31 LADD ST $450,000 3 1 867 DETACHD
21 LADD ST $495,000 3 1.1 2436 DETACHD
45 DA VINCI ST $729,900 4 3.1 3122 DETACHD
2025 GLENMORRIE LN $780,000 3 2 2652 DETACHD
128 NORTHSHORE RD $897,500 4 3 2695 DETACHD
15672 QUARRY RD $999,000 3 1 1480 DETACHD
29 HILLSHIRE DR $1,150,000 4 2.1 4690 DETACHD
2912 WEMBLEY PARK RD $1,475,000 4 3.2 4389 DETACHD

PENDING SALES (Feb 18-24, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
104 OSWEGO SMT Lower $170,000 1 1 764 CONDO 22
63 OSWEGO SMT #63 $179,900 1 1 1058 CONDO 3
48 EAGLE CREST DR #5C $279,000 2 0.2 1443 CONDO 104
218 RIDGEWAY RD Main $284,000 2 1 914 CONDO 18
210 S STATE ST #2 $395,000 2 1.1 1715 CONDO 10
4514 LOWER DR Lower $409,000 3 2.1 1644 CONDO 12
2745 GREENTREE RD $450,000 2 2 1219 DETACHD 3
732 ELLIS AVE $489,000 3 2 1632 DETACHD 8
13371 PETERS RD $549,900 3 2.1 2340 DETACHD 5
13369 PETERS RD $580,000 4 2.1 2474 DETACHD 131
1359 LARCH ST $650,000 6 3 3168 DETACHD 88
17 WESTRIDGE DR $698,900 4 3.2 3533 DETACHD 34
18034 WESTVIEW DR $699,900 4 2.1 3544 DETACHD 23
1080 UPPER DEVON LN $775,000 3 2.1 2512 DETACHD 5
15545 VILLAGE PARK CT $779,950 4 2.1 2735 DETACHD 24
17644 TREE TOP LN $820,000 4 3.1 4240 DETACHD 17
5328 LOWER DR $824,900 4 2.1 2600 DETACHD 1
1628 LAKE FRONT RD $1,080,000 4 3 2470 DETACHD 35
13236 AMBER PL $1,499,950 4 3.1 3966 DETACHD 283

SOLD (Feb 18-24, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
13 OSWEGO SMT $169,900 $145,686 1 1 764 CONDO 441
750 1ST ST E31 $199,900 $175,725 1 1 986 CONDO 332
106 OSWEGO SMT #106 $235,000 $237,000 2 2 1140 CONDO 7
6015 FERNBROOK CIR $379,000 $410,800 3 1.1 1250 DETACHD 2
4546 DOGWOOD DR $500,000 $486,940 2 1 1010 DETACHD 20
5695 BURMA RD $479,900 $487,000 4 2.1 1934 DETACHD 4
3306 EDGEMONT RD $535,500 $510,000 4 2 1733 DETACHD 128
1 PREAKNESS CT $585,000 $568,000 4 3 2373 DETACHD 4
5515 LANGFORD LN $600,000 $584,000 2 2 1830 DETACHD 2
14293 AMBERWOOD CIR $679,000 $684,000 4 3 2576 DETACHD 3
905 LAUREL ST $939,000 $936,971 3 3.1 2906 DETACHD 5
310 CHANDLER PL $2,150,000 $1,825,000 4 3.1 3867 DETACHD 168

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 Feb 11-17, 2019

Last week in Lake Oswego 15 new listings came onto the market, 15 properties accepted offers and went into pending status, and 7 properties became sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 11-17, 2019)

Address Type Price BR Baths Sq Ft
63 Oswego Summit Condo $179,900 1 1 1058
668 McVey Ave #55 Condo $299,900 1 1 636
5225 Jean Rd #603 Condo $305,000 3 2 1400
1410 Spruce St Detached $525,000 3 2 1242
13371 Peters Rd Detached $549,900 3 2.5 2340
16835 Fernwood Dr Detached $645,000 4 2 1942
1080 Upper Devon Ln Detached $775,000 3 2.5 2512
12645 Boones Ferry Rd Detached $799,900 5 2 3036
917 Laurel St Detached $987,000 4 3.5 3182
4320 Haven St Detached $1,200,000 4 3.5 4526
12816 Alto Park Rd Detached $1,295,000 5 4 3846
18325 Crestline Dr Detached $1,525,000 5 4 5418
17283 Blue Heron Rd Detached $1,695,000 3 2.5 3797
16511 Maple Circle Detached $1,925,000 3 2.5 3338
920 Westpoint Rd Detached $4,300,000 4 4.5 6337

Pending Sales (Feb 11-17, 2019)

Address Type Price BR Baths Sq Ft CDOM
343 5th St #2 Condo $250,000 2 1 910 6
163 Oswego Summit Condo $251,000 2 2 1506 14
4765 Firwood Rd Detached $474,000 3 2 1716 7
18820 65th Ave Detached $485,000 4 2.5 2268 13
6238 Dawn St Detached $505,000 3 2 1414 19
17297 Bryant Rd Detached $529,000 3 2 1428 27
17156 Rebecca Ln Detached $539,000 4 2.5 2026 43
5153 Jean Rd Detached $547,000 8 3 2400 276
939 Devon Ln Detached $574,900 3 2 2165 129
3830 Tempest Dr Detached $599,900 3 2.5 3099 5
18140 Pioneer Ct Detached $965,000 4 3 2524 187
780 Briercliff Detached $1,138,000 5 3.5 3061 39
4212 Southshore Blvd Detached $1,175,000 4 4 3127 55
17522 Bryant Rd Detached $1,324,000 4 4 3545 23
13705 Knaus Rd Detached $1,650,000 4 3.5 5339 296

Sold/Closed (Feb 11-17, 2019)

Address Type List Price Sold Price Sq Ft CDOM
121 Oswego Summit Condo $195,000 $182,200 764 52
17040 Fernwood Dr Detached $575,000 $475,000 2399 211
3857 Bass Ln Detached $650,000 $632,000 2608 55
12 Da Vinci Detached $785,000 $720,000 2959 201
19463 Lorna Ln Detached $999,500 $920,000 4055 208
1810 Northshore Rd Detached $1,750,000 $1,450,000 3529 234
3120 Upper Dr Detached $2,350,000 $2,300,000 4575 7

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 Feb 4-10, 2019

Snowy temperatures have given way to 40 degrees and lots of rain. I kinda miss more snow, but I’m grateful for the rain. We need it to stay lush and green this spring and summer.

Market activity last week in Lake Oswego felt more normal than the week before. We had 16 properties come onto the market, 18 properties that went into pending status, and 8 sold/closed homes. What I am watching as we head into the spring market are those pending sales. Strong pending sales, which I think of as being near the same number as new listings, were well balanced.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 4-10, 2019)

Address Type Price BR Baths Sq Ft
100 Kerr Parkway #46 Condo $166,500 1 1 617
10 Oswego Summit Condo $169,900 1 1 764
47 Eagle Crest Dr #3 Condo $207,000 2 1 932
343 5th St #2 Condo $250,000 2 1 910
1349 Bonniebrae Dr Townhouse $329,500 3 1.5 1311
1589 Boca Ratan Dr Townhouse $378,500 3 2 1611
210 S State St #2 Condo $395,000 2 1.5 1715
4765 Firwood Rd Detached $474,000 3 2 1716
875 Lake Forest Dr Detached $499,500 2 1 979
3830 Tempest Dr Detached $599,900 3 2.5 3099
515 Atwater Rd Detached $637,625 3 2.5 2746
13388 Auburn Ct Townhouse $649,500 3 2.5 2492
13581 Rogers Rd Detached $1,099,950 4 2.5 2971
520 C Ave Attached $1,238,000 3 4 3242
3096 Wembley Park Rd Detached $1,575,000 5 4 4165
16470 Phantom Bluff Ct Detached $2,699,900 4 4.5 4975

Pending Sales (Feb 4-10, 2019)

Address Type Price BR Baths Sq Ft CDOM
121 Oswego Summit Condo $185,000 1 1 764 52
200 Burnham Rd #103 Condo $218,000 1 1 800 35
5225 Jean Rd #513 Condo $299,000 3 2 1400 156
293 Cervantes Townhouse $335,000 3 2.5 1384 77
48 Eagle Crest Dr 5B Condo $349,000 3 2 1550 17
16200 Pacific Hwy #26 Condo $410,000 2 2 1190 78
3283 Duncan Dr Detached $575,000 4 3 2915 6
1 Preakness Ct Detached $585,000 4 3 2373 4
838 Ash St Detached $599,000 4 1.5 2741 199
1010 Upper Devon Ln Detached $649,000 4 2.5 3068 144
5474 Bay Creek Dr Detached $649,900 4 2.5 2322 15
3943 Tempest Dr Detached $749,900 4 2.5 3714 4
2120 Ridgewood Rd Detached $779,000 4 2 2382 5
8 Yorick St Detached $799,900 5 3 3451 131
18048 Eastridge Ln Detached $999,900 4 3.5 4336 426
1451 Horseshoe Curve Detached $1,198,000 3 2 2062 13
1122 Bayberry Rd Detached $1,498,000 5 3 3259 19
3130 Douglas Circle Detached $1,595,000 4 3.5 4063 189

Sold/Closed (Feb 4-10, 2019)

Address Type List Price Sold Price Sq Ft CDOM
237 Cervantes Condo $215,000 $187,000 1216 185
48 Crestfield Ct #48 Condo $223,800 $215,000 921 17
16224 Lake Forest Blvd Detached $429,900 $429,900 1300 10
17043 Crestview Dr Detached $539,500 $484,000 2302 78
975 Lund St Detached $579,900 $501,700 2300 106
127 Condolea Dr Condo $529,000 $539,000 2273 4
936 Evergreen Rd Detached $1,975,000 $1,975,000 3772 6
3300 Upper Dr Detached $2,000,000 $2,000,000 2200 5

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 Jan 28-Feb 3, 2019

So much for the mild winter I wrote about 2 weeks ago. We had a dusting of snow on Monday and we have a wintry forecast for the next week or so. I love it. It just wouldn’t be a proper winter without a couple days with snow on the ground.

Last week the market activity was a bit weird. We had 19 properties come onto the market. That’s a good number and what I would expect to see as we build toward the spring. We only had 8 go into pending status. That strikes me as really low. We also had 11 become finalized sales. That seems normal as these would be the houses that sold over the holidays.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 28-Feb 3, 2019)

Address Type Price BR Baths Sq Ft
108 Oswego Summit Condo $169,900 1 1 764
42 Cervantes Circle Condo $210,000 2 1.5 912
218 Ridgeway Rd Condo $284,000 2 1 914
18820 65th Detached $485,000 4 2.5 2268
3283 Duncan Dr Detached $575,000 4 3 2915
2099 Wembley Pl Detached $689,000 4 2.5 3544
18034 Westview Dr Detached $699,900 4 2.5 3544
3943 Tempest Dr Detached $749,900 4 2.5 3714
5015 Parkhill St Detached $775,000 3 3 2628
1604 Campus Way Detached $795,000 3 2.5 2607
17644 Tree Top Ln Detached $820,000 4 3.5 4240
4028 Orchard Dr Detached $825,000 4 2.5 3343
5364 Langford Ln Detached $869,999 3 2.5 3022
13915 Sundeleaf Dr Detached $1,085,000 4 3.5 4090
179 Iron Mountain Blvd Detached $1,175,000 5 4.5 5245
1525 Maple St Detached $1,200,000 4 3.5 3154
792 2nd St Detached $1,269,900 4 3 2786
748 1st St Detached $1,799,900 5 4 3854
17484 Bryant Rd Detached $1,269,900 4 3.5 3615

Pending Sales (Jan 28-Feb 3, 2019)

Address Type Price BR Baths Sq Ft CDOM
106 Oswego Summit Condo $235,000 2 2 1140 7
16790 Lake Forest Blvd Detached $334,999 2 1 780 128
16880 Cortez Ct Detached $455,000 3 2.5 2313 21
5228 Bonita Rd Detached $479,999 3 2 1310 166
6267 Wayzata Ct Detached $520,000 3 2 1504 3
5262 Rosewood St Detached $600,000 3 2 2275 100
5515 Langford Ln Detached $600,000 2 2 1830 2
905 Laurel St Detached $939,000 3 3.5 2906 5

Sold/Closed (Jan 28-Feb 3, 2019)

Address Type List Price Sold Price Sq Ft CDOM
3433 McNary Pkwy #305 Condo $220,000 $215,000 1208 58
46 Cervantes Circle Condo $225,000 $226,000 912 68
750 1st St A10 Condo $250,000 $250,000 1350 0
19220 Red Wing Ct Detached` $504,900 $499,000 1647 42
17330 Grandview Ct Detached` $865,000 $722,694 3857 257
13978 Westcott Ct Detached` $985,000 $905,000 3267 199
2060 Indian Trail Detached` $1,250,000 $1,150,000 2387 30
19155 Bryant Rd Detached` $1,299,900 $1,299,900 3371 6
3123 Douglas Circle Detached` $1,549,000 $1,520,000 3664 102
1657 Lake Front Rd Detached` $2,795,000 $2,275,000 3721 485
610 Cabana Ln Detached` $4,000,000 $4,000,000 4796 0

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

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Market Activity ~ Jan 21-27, 2019

Happy Sunny January from Lake Oswego!

Activity is slowly picking up and holding pretty steady with 188 homes for sale in Lake Oswego right now. Last week 14 New properties entered the market, 16 moved to Pending status, and 9 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 21-27, 2019)

Address List Price # Beds # Baths Total SF Prop Type
81 GALEN ST / Grnd $182,000 1 1 689 CONDO
200 BURNHAM RD #303 $230,000 2 1 1199 CONDO
106 OSWEGO SMT #106 $235,000 2 2 1140 CONDO
16200 PACIFIC HWY #22 $385,000 2 2 1190 CONDO
6238 SW DAWN ST $505,000 3 2 1414 DETACHD
17297 BRYANT RD $529,000 3 2 1428 DETACHD
5515 LANGFORD LN $600,000 2 2 1830 DETACHD
5474 BAY CREEK DR $649,900 4 2.1 2322 DETACHD
8 WALKING WOODS DR $669,900 4 3 3105 DETACHD
905 LAUREL ST $939,000 3 3.1 2906 DETACHD
8 SHERWOOD CT $1,100,000 5 3 4073 DETACHD
1300 GLENMORRIE DR $1,195,000 5 3.1 4340 DETACHD
1451 HORSESHOE CURV $1,198,000 3 2 2062 DETACHD
17522 BRYANT RD $1,324,900 4 4 3545 DETACHD

PENDING SALES (Jan 21-27, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
750 1ST ST #E31 $179,500 1 1 986 CONDO 332
4642 LOWER DR / Main $199,000 2 1.1 1260 CONDO 19
100 KERR PKWY #16 $205,000 2 2 823 CONDO 2
48 CRESTFIELD CT #48 $223,800 2 1 921 CONDO 17
4000 Carman DR #40 $259,000 2 2 906 CONDO 115
5751 WASHINGTON CT $439,100 5 2 2120 DETACHD 102
51 CONDOLEA CT $445,000 3 2.1 2198 CONDO 200
5695 BURMA RD $479,900 4 2.1 1934 DETACHD 4
3306 EDGEMONT RD $535,500 4 2 1733 DETACHD 128
14425 HOLLY SPRINGS RD $569,000 4 3 2238 CONDO 23
14293 AMBERWOOD CIR $679,000 4 3 2576 DETACHD 3
5326 WESTFIELD CT $765,000 4 3.1 3259 DETACHD 110
17890 KELOK RD $769,000 4 2.1 3095 DETACHD 6
1813 PALISADES LAKE CT $1,015,000 5 3.1 4119 DETACHD 130
19481 LORNA LN $1,330,000 5 3.1 4340 DETACHD 437
17211 BLUE HERON RD $1,385,000 3 2.1 2701 DETACHD 13

SOLD (Jan 21-27, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
6925 SW MONTAUK CIR /Grnd $215,000 $200,000 2 1 927 CONDO 114
3692 SPRING LN /Upper $265,000 $232,000 2 2 1117 CONDO 162
247 CERVANTES /Upper $320,000 $295,000 2 2 1384 CONDO 131
2051 WEMBLEY PARK RD $549,900 $475,000 2 2 1196 DETACHD 55
18440 SANDPIPER CIR $529,900 $510,000 3 2 1447 DETACHD 166
15580 PARTRIDGE DR $539,900 $530,000 4 2.1 2245 DETACHD 10
5536 BAY CREEK DR $619,000 $617,000 4 2.1 2380 DETACHD 7
1961 PARK FOREST AVE $699,900 $712,000 5 2 2092 DETACHD 5
2815 ORCHARD HILL PL $749,900 $770,000 4 3 2915 DETACHD 4

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 Jan 14-20, 2019

We are having such a mild winter! Out walking today I saw daffodils that are fully up and budded. I’d say that they’re about a month early.

As far as real estate in Lake Oswego, last week brought 13 new listings onto the market, 14 properties that went into pending status, and 8 sold/closed homes.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 14-20, 2019)

Address Type Price BR Baths Sq Ft
5225 Jean Rd Condo $273,900 2 2 1098
5225 Jean Rd Condo $288,000 2 2 1400
48 Eagle Crest Dr 5B Condo $349,000 3 2 1550
4386 Thunder Vista Ln Condo $399,900 2 2.5 1980
5695 Burma Rd Detached $479,900 4 2.5 1934
19211 Indian Springs Rd Detached $579,000 4 3 2132
17 Westridge Dr Detached $725,000 4 3.5+.5 3533
17890 Kelok Rd Detached $769,000 4 2.5 3095
15136 Glen Eagles Ct Detached $799,999 5 3 3150
1813 Palisades Lake Ct Detached $1,015,000 5 3.5 4119
1628 Lake Front Rd Detached $1,080,000 4 3 2470
3826 Upper Dr Detached $1,200,000 4 2.5 3187
1122 Bayberry Rd Detached $1,498,000 5 3 3259

Pending Sales (Jan 14-20, 2019)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #6 Condo $159,900 1 1 617 223
46 Cervantes Circle Condo $225,000 2 1,5 912 68
750 1st St A10 Condo $250,000 2 2 1350 0
5850 Kenny St Detached $284,000 3 1 1172 31
5053 Foothills Dr B Condo $329,000 3 2 1252 97
6015 Fernbrook Circle Detached $379,000 3 1.5 1250 2
975 Lund St Detached $535,000 3 2 2300 106
127 Condolea Dr Condo $539,000 3 3 2273 4
5316 Lower Dr Detached $549,900 4 2.5 2016 190
4451 Bernard St Detached $550,000 3 2 1806 5
5262 Rosewood St Detached $600,000 3 2 2275 86
17330 Grandview Ct Detached $748,500 4 3.5 3857 257
19463 Lorna Ln Detached $935,000 4 3.5 4055 208
1810 Northshore Rd Detached $1,598,950 5 3 3529 234

Sold/Closed (Jan 14-20, 2019)

Address Type List Price Sold Price Sq Ft CDOM
6291 Harrington Ave Detached $425,000 $345,000 1472 119
1698 Aspen St Detached $509,000 $485,000 2668 132
13413 Vermeer Dr Detached $629,900 $524,000 2529 172
8 Hillshire Dr Detached $615,000 $580,000 2848 76
16479 Phantom Bluff Ct Detached $925,000 $765,000 2783 108
17606 Woodhurst Pl Detached $879,900 $782,500 4707 230
1035 Bayberry Rd Detached $1,399,900 $1,350,000 2746 17
616 Cabana Ln Detached $2,798,000 $2,600,000 3838 230

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 ~ Year-End Dec 2018

Hello 2019!!!  Every year we get to take a look at how the numbers shook out for the prior year by digging into the December report, 1st through the 31st. The winter/holiday months always bring some cooling, and we also get to look at full year-to-year comparisons at this juncture.

Here is your look at the most recent data for the entire Portland area (Dec) as well as YTD numbers and how Lake Oswego fits in to the picture just below.

According to the RMLS Market Action Report for Portland Metro Area, December 2018:

– There were 1,255 New Listings in December 2018 which was down 21.4% from December of 2017’s 1,617, and also down 45.7% from the previous month/Nov of 2018’s total of 2,310.

  • ***New Listings for the entire year were: 41,287, an increase of 1.2% over 2017.

– At 1,846, December Closed Sales cooled  21.4% from December 2017’s 2,350, and also 13.9 % from the previous month/Nov 2018’s total of 2,144.  ***This is the coolest December for Closed Sales since 2013 when the total was 1,821.

  • ***Closed Sales for the entire year were: 29,771, a decrease of 5.9% from 2017.

-December’s Pending Sales (accepted offers), at 1,599 are down 9.0% down from December of 2017’s 1,757, and 16.0% from the previous month/Nov 2018’s total of  1,904.

  • ***Pending Sales for the entire year were: 29,809, a decrease of 4.9% from 2017.

-The Average Sale Price in December of $438,600 was up $16,900 from last year/December 2017’s $421,700, and down from the previous month/Nov 2018’s  $448,900 by $10,300.   

  • ***YTD Average Sale Price for the entire year was: $452,400 up 5.5% from $428,700 in Dec 2017.

-I am including Median Sale Price in 2019. So, for reference, when we do this again next year, the Median Sale Price (price smack dab in the middle) in December 2018 was: $390,000. Up from $380,000 in Dec 2017.

  • ***YTD Median Sale Price for the entire year was: $400,000, up 5.3% from 2017’s $379,900.

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

  • North Portland:  $388,700              4.3%   (Nov 412,500/Dec ’17: 400,500, 5.9%)
    • YTD Median: $400,000
  • NE Portland:  $450,600                  4.0%   (Nov 453,100/Dec ’17: 430,000, 8.1%)
    • YTD Median: $415,000
  • SE Portland:  $425,900                   5.9%   (Nov 425,200/Dec ’17: 382,200, 8.7%)
    • YTD Median: $375,000
  • Gresham/Troutdale: $338,500      7.7%   (Nov 361,600/Dec ’17: 329,600,10.4%)
    • YTD Median: $340,000
  • Milwaukie/Clackamas: $427,500   4.6%   (Nov 443,400/Dec ’17: 411,500, 9.1%)
    • YTD Median: $400,000
  • Oregon City/Canby:   $428,600     7.1%   (Nov 427,200/Dec ’17: 402,100, 7.2%)
    • YTD Median: $392,500
  • Lake Oswego/West Linn:$636,300 .6%   (Nov 728,500/Dec ’17: 662,700, 9.5%)
    • YTD Median: $580,000
  • West Portland:    $588,800             3.8%  (Nov 601,000/Dec ’17: 612,700, 3.2%)
    • YTD Median: $519,000
  • NW Wash County:  $483,400          2.5%   (Nov 511,700/Dec ’17: 534,400, 7.7%)
    • YTD Median: $520,000
  • Beaverton/Aloha:     $381,600        8.6%  (Nov 397,200/Dec ’17: 363,200, 9.2%)
    • YTD Median: $375,000
  • Tigard/Wilsonville:   $459,600       6.3%   (Nov 482,000/Dec ’17: 435,700, 7.7%)
    • YTD Median: $430,000
  • Hillsboro/Forest Grove: $382,100  5.9% (Nov 381,300/Dec ’17: 366,800, 11.0%)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of December 2018 reported:

    •  296 Active Listings   (Nov 390 / Dec ’17: 288)
    •  115 New Listings     (Nov 115 / Dec ’17: 80)
    •   91 Pending Sales  (Nov  91 / Dec ’17: 92)
    •   75 Closed Sales      (Nov  75 / Dec ’17: 98)
    • Average Sale Price for November: $636,300  (Nov 728,500 / Dec ’17: 662,700)
      • 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.
      • FYI, YTD Median: $580,000
    •  76 Average Days on the Market   (Oct 61 / Dec ’17: 73)

 

Posted on

Market Activity ~ Jan 7-13, 2019

Greetings Property Blotter Readers!

Happy 2019!  OK, Dianne and I are getting back to “normal” now, and this is the first one-week report of the year for Lake Oswego. You can see below that we’re starting up steady with new properties beginning to hit the market and go Pending, and lots of properties Closing that were Pending during 2018. I removed 11 properties showing as “New” that had actually been “refreshed”, so these numbers below are real.  ***I’ll also have the much anticipated 2018 “Year-End” numbers in the News & Notes report for you this week.

There are 189 homes for sale in Lake Oswego right now. Last week 9 New properties entered the market, 8 moved to Pending status, and 18 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 7-13, 2019)

Address List Price # Beds # Baths Total SF Prop Type
48 CRESTFIELD CT #48 $223,800 2 1 921 CONDO
4000 Carman DR #40 $269,000 2 2 906 CONDO
16880 CORTEZ CT $455,000 3 2.1 2313 DETACHD
5222 CARMAN DR $599,999 3 2 2543 DETACHD
2801 LAKEVIEW BLVD $799,900 3 3.2 3144 DETACHD
2925 ORCHARD HILL PL $825,000 3 2.1 2767 DETACHD
780 BRIERCLIFF LN $1,168,000 5 3.1 3061 DETACHD
17211 BLUE HERON RD $1,385,000 3 2.1 2701 DETACHD
15566 VILLAGE PARK CT $1,475,000 4 3.1 4855 DETACHD

PENDING SALES (Jan 7-13, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13 OSWEGO SMT / Lower $129,900 1 1 764 CONDO 441
44 EAGLE CREST DR / Upper $195,000 2 1 908 CONDO 88
233 CERVANTES / Ground $199,900 2 1.1 1216 CONDO 49
3692 SPRING LN / Upper $249,000 2 2 1117 CONDO 162
553 6TH ST $499,950 1 1 1390 DETACHD 158
3857 BASS LN $639,000 3 2.1 2608 DETACHD 55
17342 RIDGEVIEW CT $1,360,000 4 3.1 4238 DETACHD 162
4694 UPPER DR $1,450,000 3 3 3637 DETACHD 249

SOLD (Jan 7-13, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
149 OSWEGO SMT / Upper $213,000 $196,000 2 2 1212 CONDO 192
204 RIDGEWAY RD #204 $239,000 $239,000 1 1 778 CONDO 12
1172 BOCA RATAN DR $375,000 $365,000 3 2 1611 ATTACHD 2
12886 BOONES FERRY RD $379,900 $375,000 2 2.1 1182 CONDO 13
17700 BRYANT RD $385,000 $385,000 3 1.1 1572 DETACHD 0
17510 Hill WAY $399,900 $400,000 2 1 2032 DETACHD 5
4298 WOODSIDE CIR $439,000 $427,000 3 3 2600 ATTACHD 306
18 GROUSE TER $540,000 $535,000 4 2.1 2631 DETACHD 93
5651 WINDFIELD LOOP $569,500 $537,000 2 2 1622 DETACHD 16
6414 FROST ST $597,900 $560,375 3 2.1 2205 DETACHD 54
5272 TREE ST $599,000 $584,000 3 3 1948 DETACHD 52
17079 CHERRY CREST AVE $679,000 $660,000 3 2.1 3002 DETACHD 23
15085 GLEN EAGLES PL $675,000 $675,000 4 3 2956 DETACHD 4
5668 VICTORIA CT $729,000 $710,000 4 2.1 3024 DETACHD 73
16987 ALDER CIR $899,000 $865,000 2 2.1 1991 DETACHD 407
455 9TH ST $949,000 $949,000 3 2.1 2143 DETACHD 0
4450 UPPER DR $1,100,000 $1,100,000 3 1 2580 DETACHD 12
612 CABANA LN $2,350,000 $2,150,000 4 4 3862 DETACHD 16

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.

Posted on

Market Activity Dec 17, 2018-Jan 6, 2019

This market activity report covers about 3 weeks of activity and serves as a really interesting snap shot of what happens to the real estate market over the holidays. During this period Lake Oswego had 10 new listings, 26 properties go into pending status, and 45 closed sales. I think that Linda and I both have said on numerous occasions that the real estate market keeps chugging along, even at Christmas. This market activity report does a nice job of bearing that out. 25 houses sold! Even more impressive, 45 sales closed! That’s a lot of houses. The weak spot is the number of new listings. It makes sense. If you want to sell your house, it’s simply more convenient to wait until the hub-bub of the holidays is over. But it also illustrates that perhaps this is exactly the perfect time to put your house on the market. The buyers are out there. They are looking at houses and making offers. With the inventory down, and the demand remaining, this is an excellent time to list your house for sale.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 17, 2018-Jan 6, 2019)

Address Type Price BR Baths Sq Ft
47 Eagle Crest Dr #37 Condo $134,900 1 1 672
4642 Lower Dr Condo $199,000 2 1.5 1260
16 Crestfield Ct Condo $199,900 1 1 552
66 Cervantes Circle Condo $225,000 2 1.5 912
200 Burnham Rd #103 Condo $233,000 1 1 800
5850 Kenny St Detached $309,000 3 1 1172
17156 Rebecca Ln Detached $545,000 4 2.5 2026
14425 Holly Springs Rd Detached $569,000 4 3 2238
18381 Heather Ann Ct Detached $880,000 4 2.5 2983
841 Northshore Rd Detached $1,549,000 3 3 2388

Pending Sales (Dec 17, 2018-Jan 6, 2019)

Address Type Price BR Baths Sq Ft CDOM
237 Cervantes Condo $195,000 2 1.5 1216 185
149 Oswego Summit Condo $199,900 2 2 1212 192
3433 McNary Pkwy #305 Condo $220,000 2 2.5 1208 58
199 Oswego Summit Condo $264,900 2 2 1506 93
247 Cervantes Condo $299,999 2 2 1384 131
16811 Lakeridge Dr Detached $358,000 4 2 1870 69
17510 Hill Way Detached $400,000 2 1 2032 5
16224 Lake Forest Blvd Detached $429,900 3 1.5 1300 10
17043 Crestview Dr Detached $499,000 4 2.5 2303 78
4546 Dogwood Dr Detached $500,000 2 1 1010 20
19220 Red Wing Ct Detached $504,900 3 2 1647 42
18440 Sandpiper Circle Detached $509,900 3 2 1447 166
13413 Vermeer Dr Detached $539,900 4 3.5 2529 172
5651 Windfield Loop Detached $569,500 2 2 1622 16
8 Hillshire Dr Detached $595,000 4 2.5 2848 76
15085 Glen Eagles Pl Detached $675,000 4 3 2956 4
12 Da Vinci St Detached $729,000 4 3 2959 158
17390 Grandview Ct Detached $875,000 4 4.5+.5 4502 292
16987 Alder Circle Detached $879,000 2 2.5 1991 407
17494 Lake Haven Dr Detached $1,100,000 2 2 2121 195
19376 Riverwood Ln Detached $1,299,900 3 2.5 3109 260
19155 Bryant Rd Detached $1,299,900 3 3.5 3371 6
1034 Bayberry Rd Detached $1,399,900 3 2.5 2746 17
3123 Douglas Circle Detached $1,549,000 5 3.5 3664 102
612 Cabana Ln Detached $2,350,000 4 4 3862 16
1657 Lake Front Rd Detached $2,395,000 4 3.5 3721 485

Sold/Closed (Dec 17, 2018-Jan 6, 2019)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd G202 Condo $179,500 $140,000 849 91
44 Eagle Crest Dr #2 Condo $175,000 $178,500 798 10
45 Eagle Crest Dr #413 Condo $204,900 $186,000 1056 95
86 Kingsgate Rd A104 Condo $218,000 $190,000 849 54
45 Eagle Crest Dr #305 Condo $199,900 $190,000 1364 40
4 Touchstone #131 Condo $199,900 $191,000 1351 29
15938 Quarry Rd B-4 Condo $219,500 $212,000 991 120
6880 Montauk Circle Condo $220,000 $214,000 924 65
15210 Boones Way Condo $249,900 $249,900 1124 6
4043 Jefferson Pkwy Condo $289,900 $252,000 1182 85
15230 Boones Way 1D Condo $295,000 $256,000 1185 111
112 Touchstone Terr Townhouse $399,000 $280,000 1952 37
5835 Carman Dr Detached $424,900 $390,000 1650 215
6472 Dawn St Detached $399,950 $405,000 1032 99
18133 Tualata Ave Detached $434,950 $430,000 1440 34
16880 Cortez Ct Detached $489,900 $430,800 2313 216
9 Bloch Terr Townhouse $424,900 $432,400 1946 7
1425 Cedar St Detached $489,900 $477,000 1669 52
17869 Lake Haven Dr Detached $475,000 $500,000 2150 5
17411 Tree Top Ln Detached $649,000 $500,000 2150 5
2182 Glenmorrie Dr Detached $485,000 $501,000 1580 8
73 Condolea Way Condo $512,000 $512,000 213 0
4596 Lamont Way Detached $535,000 $513,500 2236 12
1878 Southshore Blvd Detached $595,000 $533,000 2594 180
17802 Hillside Way Detached $585,000 $539,900 3026 177
137 Kingsgate Rd Detached $549,000 $540,000 2372 16
1508 Pine St Detached $579,900 $545,000 2300 134
4141 Chapman Way Detached $565,000 $585,000 2138 4
767 10th St Detached $799,900 $625,000 2820 99
17965 Lake Haven Dr Detached $749,000 $628,400 2764 173
18420 Deer Oak Ave Detached $675,000 $649,000 2327 59
5687 La Mesa Ct Detached $649,900 $649,900 2518 21
2981 Vale Ct Detached $748,900 $706,500 3516 85
808 Ellis Ave Detached $725,000 $722,500 2200 8
2972 Vale Ct Detached $750,000 $725,000 3120 122
13459 Provincial Hill Way Detached $819,900 $800,000 2896 63
161 Furnace St Condo $929,000 $890,000 2134 82
1149 Cherry Ln Detached $937,500 $937,500 3187 29
53 Eagle Crest Dr Detached $1,000,000 $973,200 4918 216
16193 Matthew Ct Detached $995,000 $974,000 4019 41
4743 Upper Dr Detached $1,165,000 $1,079,000 3079 338
13575 Meadowcreek Ln Detached $1,239,000 $1,159,500 3370 174
1175 Westward Ho Rd Detached $1,529,000 $1,402,000 3547 135
1099 Terrace Dr Detached $2,150,000 $1,445,000 4965 725
1075 Chandler Rd Detached $2,207,500 $2,100,000 5710 140

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.