Market Activity May 21-27, 2018

Looking at the real estate activity in Lake Oswego last week what stands out to me is just how balanced it is. We had nearly identical numbers with 28 new listings, 25 Pending sales, and 29 closed sales. This means that properties are coming onto the market at the same rate that they are selling. It feels very balanced and healthy for both buyers and sellers.

Following is the breakdown for you according to RMLS:

New on the Market (May 21-27, 2018)

Address Type Price BR Baths Sq Ft
4 Touchstone #114 Condo $189,900 2 2 984
3852 Botticelli St Condo $279,000 3 2 1224
5225 Jean Rd #107 Condo $279,900 2 2 1200
48 Eagle Crest Dr 1C Condo $285,000 2 2 1370
12868 Boones Ferry Rd Condo $399,900 2 2.5 1136
17802 Hillside Way Detached $585,000 4 2.5 3026
18 Juarez St Detached $595,000 3 2.5 2521
775 Boca Ratan Dr Detached $599,000 4 3.5 2710
4220 Albert Circle Detached $615,000 4 3 2405
5564 Bonita Rd Detached $649,000 3 2.5 2435
3612 Tempest Dr Detached $695,000 4 3 2819
57 View Ct Detached $755,000 4 2 2600
13000 Rogers Rd Detached $769,900 3 2.5 3252
2251 Summit Dr Detached $799,000 3 3 2874
630 9th St Detached $849,000 4 3 2576
14274 Kimberly Circle Detached $869,000 4 2.5 3231
1828 Palisades Terrace Detached $880,000 4 2.5 3264
981 Cumberland Pl Detached $899,000 4 2 3339
5047 Woodcrest Ln Detached $925,000 4 3.5 3713
16176 Matthew Ct Detached $930,000 4 2.5 3474
515 5th St Detached $995,000 2 1.5 2295
13589 Rogers Rd Detached $1,099,950 4 4 3302
15780 Twin Fir Rd Detached $1,155,000 4 2.5 3107
16717 Sylvan Ct Detached $1,200,000 5 3.5 4953
13575 Meadowcreek Ln Detached $1,239,000 4 2.5 3370
13707 Fielding Rd Detached $1,295,000 4 3 3337
15845 Oswego Shore Ct Detached $2,150,000 4 4.5 5500
1845 Highlands Loop Detached $2,695,000 4 3.5+.5 5001

Pending Sales (May 21-27, 2018)

Address Type Price BR Baths Sq Ft CDOM
322 Cervantes Circle Condo $190,000 2 1 832 8
44 Eagle Crest Dr #29 Condo $194,500 1 1 798 5
20 Cervantes Circle Condo $200,000 2 1.5 912 9
4 Touchstone #62 Condo $209,900 3 2.5 1351 129
26 Cervantes Circle Condo $215,000 2 1.5 912 6
1408 Laurel St Detached $300,000 3 1 850 0
3672 Spring Ln 4A Condo $329,900 2 2 1117 7
16880 Cortez Ct Detached $395,000 3 2.5 1991 19
16141 Parker Rd Detached $435,000 3 1 1008 24
1991 Greentree Rd Detached $625,000 4 3 2655 89
4690 Auburn Ln Attached $649,900 3 3.5 2750 98
13805 Regency Ct Detached $659,000 4 2.5 2087 6
4910 Lower Dr Detached $659,900 3 2.5 2151 196
97 Garibaldi Detached $749,000 3 2.5 3559 4
1128 Lake Shore Rd Detached $799,000 2 1 1397 22
5676 Suncreek Dr Detached $869,000 4 3.5 3312 32
940 Cumberland Rd Detached $895,000 4 3 2992 3
540 Northshore Rd Detached $899,000 4 3 2646 1
475 Iron Mountain Blvd Detached $899,900 4 3.5 3254 23
1563 Bay View Ln Detached $1,199,999 5 4.5 5615 322
4250 Lords Ln Detached $1,249,000 4 3.5 3516 299
1620 Fernwood Dr Detached $1,279,900 3 3.5 3371 47
18137 Meadowlark Ln Detached $1,299,000 4 4.5 5306 258
18475 Crestlline Dr Detached $1,680,000 4 4.5 4740 291
1925 Cheryl Ct Detached $1,848,000 4 5.5 5869 26

Sold/Closed (May 7-13, 2018)

Address Type List Price Sold Price Sq Ft CDOM
750 1st St E33 Condo $197,000 $170,000 986 78
125 Oswego Summit Condo $180,000 $180,000 764 10
4 Touchstone #68 Condo $199,900 $193,798 984 3
52 Oswego Summit Condo $204,900 $204,900 705 15
4 Touchstone #148 Condo $224,900 $205,000 1351 159
3866 Botticelli St #27 Condo $286,500 $278,000 1132 18
668 McVey Ave #74 Condo $285,000 $279,500 636 26
6070 Lakeview Blvd Detached $350,000 $355,000 1416 5
5442 Jean Rd Detached $359,900 $359,900 1224 16
56 Condolea Terrace Condo $575,000 $529,000 2958 161
17323 Ashley Ct Attached $525,000 $535,000 2117 137
3827 Bass Ln Detached $589,000 $584,000 2302 42
3300 Southshore Blvd Detached $599,000 $599,000 1062 8
17915 Ridge Lake Dr Detached $650,000 $615,000 3304 431
17960 Ridge Lake Dr Detached $750,000 $715,000 3124 10
17622 Brookhurst Dr Detached $789,000 $785,000 2909 3
1691 Highland Dr Detached $799,900 $800,000 3314 17
691 7th St Detached $889,500 $850,500 2450 9
18840 Hill Top Rd Detached $1,195,000 $890,000 4216 584
4242 Cobb Way Detached $879,000 $899,000 2337 1
1875 Fernwood Dr Detached $1,249,900 $1,200,000 3279 74
490 G Ave Detached $1,349,000 $1,339,900 2959 0
2230 Wembley Park Rd Detached $1,449,950 $1,400,000 4597 216
16819 Greenbrier Rd Detached $2,250,000 $1,600,000 3022 549
18222 Siena Dr Detached $1,595,000 $1,691,100 3998 2
1955 Highlands Loop Detached $1,995,000 $1,925,000 4012 25
16865 Greenbrier Rd Detached $2,595,000 $2,495,000 6104 33
1210 Chandler Rd Detached $3,488,000 $3,150,000 7455 34
758 Southview Rd Detached $3,800,000 $3,800,000 5179 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.

News & Notes ~ April 2018

Greetings to our Property Blotter readers!  The market is in full swing~

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

  • According to the RMLS Market Action Report for the Portland Metro Area, April, 2018:
    • There were 3,990 New Listings in April 2018 which was up 6.1% from April of 2017’s 3,759, and up 9.4% from the previous month/March of 2018’s total of 3,648.
    • At 2,523, April Closed Sales were up 13.7% from April 2017’s 3,088, and up 6.4% from the previous month/March 2018’s total of 2,371.
    • April’s Pending Sales (accepted offers), at 3,008 dropped 2.6% from April of 2017’s 3,043, but were up 3.9% from the previous month/March 2018’s total of 2,894
    • The Average Sale Price in April of $452,000 was up $23,200 from April 2017’s $428,800, and also up from March 2018’s $445,900 by $6,100.   

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

  • North Portland:  $428,500              6.0%   (Mar 438,700)
  • NE Portland:  $491,000                   7.6%   (Mar 478,900)
  • SE Portland:  $422,400                   7.7%   (Mar 418,600)
  • Gresham/Troutdale:   $348,400   11.6%   (Mar 356,400)
  • Milwaukie/Clackamas:  $430,200  8.7%   (Mar 423,400)
  • Oregon City/Canby:   $419,300      6.5%   (Mar 396,500)
  • Lake Oswego/West Linn:$630,500 6.6%   (Mar 631,100)
  • West Portland:    $598,800             2.3%   (Mar 597,200)
  • NW Wash County:  $525,700          6.1%   (Mar 550,200)
  • Beaverton/Aloha:     $394,600        9.0%   (Mar 386,000)
  • Tigard/Wilsonville:   $491,900        8.4%   (Mar 456,700)
  • Hillsboro/Forest Grove: $389,700  9.2%   (Mar 403,800)

LAKE OSWEGO:

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

    •  341 Active Listings   (Mar 306)
    •  261 New Listings     (Mar 225)
    •  192 Pending Sales  (Mar 188)
    •  154 Closed Sales      (Mar 117)
    • Average Sale Price for April: $630,500  (Mar 631,100)
      • 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.
    •  63 Average Days on the Market   (Mar 82)

Market Activity ~ May 14-20, 2018

Last week 39 New properties entered the market in Lake Oswego, 31 moved to Pending status, and 19 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (May 14-20, 2018)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #51 $169,000 1 1 620 CONDO
322 CERVANTES CIR/Grnd $190,000 2 1 832 CONDO
16250 PACIFIC HWY #51 $192,500 1 1 841 CONDO
20 CERVANTES CIR $200,000 2 1.1 912 CONDO
26 CERVANTES CIR $215,000 2 1.1 912 CONDO
44 EAGLE CREST DR #1 $230,000 2 1 908 CONDO
3672 SPRING LN #4A $329,900 2 2 1117 CONDO
3101 MCNARY PKWY #6 $395,000 3 2.1 1834 CONDO
668 MCVEY AVE #58 $415,000 3 1.1 992 CONDO
14332 SHERBROOK PL $524,900 3 2.1 1770 DETACHD
17268 FERNWOOD DR $525,000 3 2 2086 DETACHD
8 GROUSE TER $569,000 4 3 2658 DETACHD
5153 JEAN RD $570,000 8 3 2400 DETACHD
328 4TH ST $624,900 2 2.1 1731 TOWNHSE
4515 OAKRIDGE RD $630,000 3 2.1 1981 ATTACHD
13805 Regency CT $659,000 4 2.1 2087 DETACHD
5540 BAY CREEK DR $675,000 3 3 2130 DETACHD
605 COUNTRY CLUB RD $689,000 5 3.1 3422 DETACHD
2765 GLEN HAVEN RD $695,000 4 2.1 2277 DETACHD
17790 OVERLOOK CIR $699,900 4 3 3637 DETACHD
45 AQUINAS ST $699,900 4 2.1 2981 DETACHD
156 DEL PRADO ST $700,000 5 4 4862 DETACHD
17986 SAINT CLAIR DR $725,000 4 3 2750 DETACHD
12 JUAREZ ST $749,000 4 3.2 3735 DETACHD
17502 ERIN CT $749,900 4 3 3056 DETACHD
4 HILLSHIRE DR $804,950 4 2.2 3232 DETACHD
2398 PALISADES CREST DR $829,900 4 2.1 3362 DETACHD
5772 BAY CREEK DR $849,000 5 3 3242 DETACHD
1500 EASTVIEW CT $849,000 4 3.1 3946 DETACHD
13984 CHELSEA DR $864,900 4 2.1 3216 DETACHD
18269 TAMAWAY DR $885,000 4 2.1 3293 DETACHD
18018 GIMLEY CT $890,000 4 3 3612 DETACHD
17960 MEADOWLARK LN $899,000 4 3.1 3400 DETACHD
4145 CHAD DR $929,900 4 2.1 3337 DETACHD
18955 BRYANT RD $1,025,000 4 2.1 3647 DETACHD
116 NORTHSHORE RD $1,100,000 4 2 2702 DETACHD
1180 CHERRY LN $1,150,000 4 4.1 4248 DETACHD
17432 KELOK RD $1,275,000 4 2.1 3023 DETACHD
140 BERWICK RD $1,395,000 4 2.1 3114 DETACHD

PENDING SALES (May 14-20, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
40 OSWEGO SMT/Upper $215,000 2 2 1140 CONDO 4
4 TOUCHSTONE #77 $239,000 3 4.1 1351 CONDO 27
1857 BOCA RATAN DR $388,000 3 2 1611 TOWNHSE 3
18543 DON LEE WAY $400,000 3 1 1099 DETACHD 7
110 KINGSGATE RD $419,900 3 2.1 1669 DETACHD 68
18319 TERRY CT $434,850 3 1.1 1191 DETACHD 4
1137 SPRUCE ST $479,900 3 2 1214 DETACHD 3
106 KINGSGATE RD $489,900 3 2.1 1669 DETACHD 5
19200 REDWING CT $499,900 4 3 2128 DETACHD 41
8 SHERWOOD CT $529,900 3 3.1 3212 DETACHD 138
14555 SHERBROOK PL $549,900 4 2.1 2942 DETACHD 8
1250 HEMLOCK ST $649,900 5 2 2465 DETACHD 13
4007 BRIAN CT $650,000 4 2.1 2282 DETACHD 5
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD 15
17423 OAK MEADOW LN $720,000 3 2.1 3125 DETACHD 132
20 INDEPENDENCE AVE $724,900 4 3 3900 DETACHD 4
6615 MCEWAN RD $775,000 3 1.1 1492 DETACHD 208
3766 RIVERS EDGE DR $799,000 5 3.1 3428 DETACHD 3
808 TIMBERLINE DR $799,000 4 2.1 3276 DETACHD 81
2484 MARYLSHIRE LN $799,000 4 3.1 4168 DETACHD 30
18360 DELENKA LN $899,900 5 3.1 4349 DETACHD 2
3144 GLENMORRIE DR $899,900 3 2.1 2582 DETACHD 132
19158 MEGAN PL $900,000 4 3.1 4910 DETACHD 50
13020 KNAUS RD $949,000 3 2.1 2545 DETACHD 2
14053 AMBERWOOD CIR $975,000 4 3 3126 DETACHD 4
3940 Canal RD $1,050,000 4 3.1 3838 DETACHD 69
17492 REDFERN AVE $1,099,900 3 2.1 2828 DETACHD 6
2057 SUMMIT DR $1,195,000 4 3.1 4694 DETACHD 105
13615 WESTLAKE DR $1,350,000 4 4.1 4050 DETACHD 130
5220 FIRWOOD RD $1,495,000 3 2.1 2507 DETACHD 9
3300 UPPER DR $2,000,000 4 2 2200 DETACHD 5

SOLD (May 14-20, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #510 $250,000 $246,900 1 1 830 CONDO 45
5262 ROSEWOOD ST $400,000 $400,000 3 1 1550 DETACHD 7
15256 BOONES WAY $490,000 $477,500 3 2.1 1618 ATTACHD 35
19253 CHILDS CT $530,000 $500,000 3 2 1687 DETACHD 39
4 WESTMINSTER DR $585,000 $585,000 4 3 2142 DETACHD 1
17647 HILL WAY $559,900 $587,900 3 2 1787 DETACHD 4
13861 SHIREVA CT $625,000 $651,000 4 2.1 2377 DETACHD 5
2033 RIDGEWOOD RD $699,000 $680,000 4 2.1 2668 DETACHD 622
343 3RD ST $685,000 $685,000 3 3.1 2044 TOWNHSE 5
16731 ALDER CIR $699,000 $715,000 3 2.1 2301 DETACHD 7
2 SHERWOOD CT $725,000 $750,000 5 3.1 3306 DETACHD 1
2325 OAKHURST LN $789,000 $780,000 5 2.1 3627 DETACHD 51
496 10TH ST $850,000 $850,000 4 2 2854 DETACHD 15
13101 AMBER PL $1,110,000 $872,000 4 2.1 3817 DETACHD 178
4904 LOWER DR $864,900 $874,900 4 3 2844 DETACHD 3
16805 OLD RIVER DR $875,000 $885,000 3 2 1728 DETACHD 9
18171 BRYANT RD $1,247,000 $1,198,000 3 2.1 2984 DETACHD 201
937 F AVE $1,219,900 $1,200,000 5 3 2736 DETACHD 57
752 E AVE $1,250,000 $1,250,000 3 3 2818 DETACHD 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.

Market Activity May 7-13, 2018

It’s been another great week of real estate. Last week Lake Oswego saw 29 properties come onto the market, 34 go into pending status, and 13 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (May 7-13, 2018)

Address Type Price BR Baths Sq Ft
47 Eagle Crest Dr #31 Condo $165,000 2 1 1009
4615 Lakeview Blvd Condo $199,900 1 1 753
532 S State St Condo $230,000 1 1 829
5064 Foothills Dr Condo $359,900 2 2 1252
18543 Don Lee Way Detached $400,000 3 1 1099
106 Kingsgate Rd Detached $489,900 3 2.5 1669
668 McVey Ave #54 Condo $499,000 3 1.5 992
10 Churchill Downs Detached $525,000 4 3 2080
16624 Roosevelt Ave Detached $539,990 2 2 2802
1581 Woodland Terrace Detached $549,000 3 2.5 2072
14555 Sherbrook Pl Detached $549,000 3 2.5 2942
2215 Fernwood Circle Detached $615,000 5 3 2640
3857 Bass Ln Detached $620,000 3 2.5 2608
13413 Auburn Ct Attached $659,000 4 3.5 2721
18000 Westminster Dr Detached $699,900 4 2.5 2679
20 Independence Detached $724,900 4 3 3900
15850 Quarry Rd Detached $775,000 3 1.5 1094
18360 Delenka Ln Detached $899,900 5 3.5 4349
1055 Country Club Rd Detached $988,000 3 2 2908
17492 Redfern Ave Detached $1,099,900 3 2.5 2828
18493 Ray Ridge Dr Detached $1,200,000 4 3.5+.5+.5 4367
19175 East Side Rd Detached $1,395,000 5 4.5 5276
5220 Firwood Rd Detached $1,495,000 3 2.5 2507
13258 Amber Pl Detached $1,649,950 4 4.5 3061
13236 Amber Pl Detached $1,649,950 4 3.5 4254
13214 Amber Pl Detached $1,649,950 4 4.5 3912
1575 Country Commons Detached $1,949,950 3 2 2246
12 Lakeview Blvd Detached $5,495,000 5 4.5 5957

Pending Sales (May 7-13, 2018)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #27 Condo $198,000 2 2 832 36
16250 Pacific Hwy #82 Condo $205,000 1 1 841 8
100 Kerr Pkwy #4 Condo $205,900 2 2 823 2
4000 Carman Dr #50 Condo $249,000 1 1 890 33
750 1st St A12 Condo $297,000 2 2 1350 5
3986 Carman Dr Condo $317,500 2 2.5 1107 55
4442 Thunder Vista Ln Condo $315,000 2 2.5 1829 29
16880 Cortez Ct Detached $395,000 3 2.5 1991 7
5465 Childs Rd Detached $435,000 3 2 1487 23
99 Kingsgate Rd Detached $439,950 2 2 1224 23
4 Summit Ridge Ct Attached $440,000 2 2.5 1576 14
15370 Quarry Rd Detached $489,900 3 1.5 1540 7
14328 Holly Springs Rd Detached $510,000 4 2.5 1939 24
5871 Bonita Rd Detached $539,000 4 3 2406 9
108 Ridgeway Rd Detached $549,000 3 1 1438 12
1483 Woodland Terrace Detached $555,000 4 2.5 2861 147
4144 Sunset Dr Detached $579,000 3 2 2462 5
17288 Tualatin St Detached $598,800 3 2.5 1820 3
14145 Redwood Ct Detached $665,000 4 3 2558 71
1458 Greentree Circle Detached $680,000 4 2.5 2156 17
720 Maple St Detached $685,000 3 2.5 3966 56
5498 Royal Oaks Dr Detached $759,950 4 2.5 2646 3
820 Boca Ratan Dr Detached $760,000 4 3.5 2628 1
19507 35th Ct Detached $849,000 4 3 3590 8
17668 Woodhurst Pl Detached $850,000 4 2.5 4281 72
17503 Cherry Ct Detached $945,000 4 3.5 4267 71
9 1/2 Hillshire Dr Detached $949,950 4 2.5 3735 2
144 Leonard St Detached $1,095,000 4 3.5 3363 26
13529 Streamside Dr Detached $1,100,000 6 4.5 5415 2
4731 Upper Dr Detached $1,149,000 4 2.5 3208 134
1299 Country Commons Detached $1,229,000 4 4.5 3710 13
4267 Westbay Rd Detached $1,400,000 3 3 2025 4
17442 Ridgeview Ln Detached $1,419,000 4 3.5+.5 5063 71
940 Hoodview Ln Detached $2,248,000 4 3.5 4638 107

Sold/Closed (May 7-13, 2018)

Address Type List Price Sold Price Sq Ft CDOM
4000 Carman Dr A11 Condo $249,900 $242,000 869 55
3688 Spring Ln 3D Condo $299,900 $273,250 1,117 96
4324 Woodside Circle Attached $425,000 $425,000 1,216 7
528 2nd St Condo $525,000 $512,000 1567 101
16758 Graef Circle Detached $569,000 $549,000 1295 270
5228 Coventry Ct Detached $565,000 $555,000 2382 13
130 Del Prado St Detached $659,900 $675,000 2419 3
5418 Washington Ct Detached $690,000 $690,000 2074 5
13209 Twin Creek Ct Detached $729,900 $695,000 3021 50
58 Aquinas St Detached $699,900 $710,000 3721 50
17524 Erin Ct Detached $715,000 $720,000 3115 4
4204 Chad Dr Detached $1,025,000 $1,050,000 3930 6
848 Palisades Terrace Detached $1,995,000 $2,075,000 6644 3

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

Market Activity ~ April 30-May 6, 2018

Last week 26 New properties entered the market in Lake Oswego, 31 moved to Pending status, and 22 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (April 30-May 6, 2018)

Address List Price # Beds # Baths Total SF Prop Type
45 EAGLE CREST DR #401 $289,000 3 2 1348 CONDO
210 S STATE ST #7 $329,900 3 2 1284 CONDO
16880 CORTEZ CT $395,000 3 2.1 1991 DETACHD
16 GREENRIDGE CT $415,000 2 2.1 1535 TOWNHSE
16141 PARKER RD $435,000 3 1 1008 DETACHD
15370 QUARRY RD $489,900 3 1.1 1540 DETACHD
622 CLARA CT $599,000 3 2 2236 DETACHD
17040 FERNWOOD DR $620,000 3 2 2399 DETACHD
2660 LOOKOUT CT $624,500 3 3 2565 DETACHD
1250 HEMLOCK ST $649,900 5 2 2656 DETACHD
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD
4087 COLTSFOOT LN $695,000 3 2 2640 DETACHD
12793 SIERRA VISTA DR $750,000 4 3.1 3650 DETACHD
19507 35TH CT $849,000 4 3 3590 DETACHD
5554 LUCE LN $849,900 4 3 3269 DETACHD
17330 GRANDVIEW CT $865,000 4 3.1 3857 DETACHD
9 1/2 HILLSHIRE DR $949,950 4 2.1 3735 DETACHD
17637 WOODHURST PL $997,000 5 3.2 4833 DETACHD
18265 RIVER EDGE CT $1,055,000 3 3.1 3464 DETACHD
2107 GOODALL CT $1,100,000 4 3 3029 DETACHD
721 7TH ST $1,249,000 4 3.1 4544 DETACHD
18262 MEADOWLARK LN $1,398,800 5 3.1 4757 DETACHD
4100 CANAL RD $1,415,000 4 3.1 4957 DETACHD
13364 ATWATER LN $1,695,000 5 6.1 5841 DETACHD
1551 LAKE FRONT RD $2,250,000 5 3 3305 DETACHD
1949 CEDAR CT $2,675,000 5 5.1 6330 DETACHD

PENDING SALES (April 30-May 6, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
96 GALEN ST / Upper $149,500 1 1 552 CONDO 3
330 CERVANTES CIR $190,000 2 1 832 CONDO 45
750 1ST ST #E31 $194,500 1 1 986 CONDO 67
4 TOUCHSTONE #141 $210,000 2 2 979 CONDO 70
3688 SPRING LN #3D $274,900 2 2 1117 CONDO 96
5262 ROSEWOOD ST $400,000 3 1 1550 DETACHD 7
805 MAPLE ST $419,900 3 2 2344 DETACHD 3
16875 TRACY AVE $465,000 4 2 1825 DETACHD 4
4555 WILDWOOD ST $499,000 3 2 1565 DETACHD 6
19200 REDWING CT $499,900 4 3 2128 DETACHD 27
4846 REDWING WAY $549,900 3 2 1607 DETACHD 16
1605 MEADOWS DR $570,000 3 2 2186 DETACHD 7
17915 RIDGE LAKE DR $615,000 4 3.1 3304 DETACHD 431
1422 ASH ST $649,000 4 3 2997 DETACHD 290
17441 BLUE HERON DR $650,000 4 3 2265 DETACHD 30
3717 UPPER DR $675,000 4 3 2240 DETACHD 4
17 SCARBOROUGH DR $680,000 4 2.1 3290 DETACHD 2
10 MORNINGVIEW LN $745,000 4 3.1 3848 DETACHD 21
14041 EDENBERRY CT $775,000 4 2.1 3077 DETACHD 8
17622 BROOKHURST DR $789,000 4 2.1 2909 DETACHD 3
19240 BRYANT RD $799,000 4 3 3452 DETACHD 3
1128 LAKE SHORE RD $799,000 2 1 1397 DETACHD 3
858 10TH ST $800,000 4 2.1 2332 DETACHD 5
17851 WESTVIEW DR $869,000 4 3.1 3433 DETACHD 50
13864 AMBERWOOD CIR $900,000 4 2.1 3115 DETACHD 4
4042 CANAL WOODS CT $949,000 4 3.1 4294 DETACHD 266
5566 LUCE LN $965,000 5 3 3088 DETACHD 39
13597 ROGERS RD $1,099,000 4 3 3945 DETACHD 276
4643 FIRWOOD RD $1,099,000 3 2.1 2790 DETACHD 25
1355 HOODVIEW LN $1,149,000 5 2 3272 DETACHD 5
18222 SIENA DR $1,595,000 4 3.1 3998 DETACHD 2

SOLD (April 30-May 6, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
147 OSWEGO SMT #21 $185,000 $185,000 2 2 1140 CONDO 1
200 BURNHAM RD #101 $194,900 $194,900 1 1 959 CONDO 181
86 KINGSGATE RD #47 $199,900 $209,500 2 2 840 CONDO 4
4053 JEFFERSON PKWY / Upper $299,900 $282,000 2 2.1 1462 CONDO 37
3844 BOTTICELLI ST $289,000 $295,000 2 1.1 1132 CONDO 5
668 MCVEY AVE #64 $295,000 $295,000 1 1 636 CONDO 7
13 BLOCH TER $415,000 $400,000 3 2.1 1972 ATTACHD 45
5861 BENFIELD CT $449,000 $432,000 4 2 1557 DETACHD 34
55 NORTHSHORE RD #10 $569,800 $470,000 2 2.1 1910 CONDO 235
652 D AVE $499,000 $505,000 3 2 1486 DETACHD 8
5101 ROSEWOOD ST $509,900 $520,000 3 2.1 1736 DETACHD 3
559 SUNNY HILL DR $577,500 $577,500 4 2.1 2234 DETACHD 129
2401 MAYORS LN $659,900 $635,000 4 3 3004 DETACHD 111
313 3RD ST $679,900 $679,900 3 3.1 1962 ATTACHD 4
5585 KILCHURN AVE $724,900 $724,900 5 2.1 2929 DETACHD 2
852 A AVE $768,000 $730,000 4 2 2362 DETACHD 83
18120 DELENKA LN $850,000 $825,000 5 2.1 3157 DETACHD 31
18341 HEATHER ANN CT $849,900 $849,900 4 3.1 2316 DETACHD 3
504 8TH ST $1,075,000 $1,060,000 4 3 2858 DETACHD 171
16860 CORTEZ CT $1,079,900 $1,092,216 4 3.1 3322 DETACHD 0
706 2ND ST $1,179,900 $1,150,000 4 2.1 2737 DETACHD 173
860 COUNTRY CMNS $1,170,000 $1,225,000 4 3 3906 DETACHD 1

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.

Market Activity ~ April 23-29, 2018

Last week 25 New properties entered the market in Lake Oswego, 32 moved to Pending status, and 24 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (April 23-29, 2018)

Address List Price # Beds # Baths Total SF Prop Type
16250 PACIFIC HWY #82 $205,000 1 1 841 CONDO
153 OSWEGO SMT Grnd $224,153 2 2 1383 CONDO
8 BRITTEN CT $399,900 2 2 1175 ATTACHD
5262 ROSEWOOD ST $400,000 3 1 2275 DETACHD
4 SUMMIT RIDGE CT $440,000 2 2.1 1576 ATTACHD
5071 W SUNSET DR $529,900 2 2.1 1734 TOWNHSE
5871 BONITA RD $539,000 4 3 2406 DETACHD
108 RIDGEWAY RD $549,000 3 1 1438 DETACHD
18679 INDIAN CREEK DR $600,000 4 2.1 2276 DETACHD
412 LIVINGOOD LN $775,000 5 2.1 3928 DETACHD
3240 WESTVIEW CT $875,000 4 3.1 3121 DETACHD
475 IRON MOUNTAIN BLVD $899,900 5 3.1 3254 DETACHD
4092 ORCHARD WAY $925,000 4 3.1 3591 DETACHD
17160 Kelok RD $935,000 5 4 4650 DETACHD
3155 UPPER DR $1,175,000 4 3 3016 DETACHD
2990 GLEN EAGLES RD $1,190,000 4 2.1 3787 DETACHD
1299 COUNTRY CMNS $1,229,000 4 4.1 3710 DETACHD
17108 CHAPIN WAY $1,429,000 4 4 4474 DETACHD
629 Middlecrest RD $1,449,000 4 4 3575 DETACHD
3822 LAKE GROVE AVE $1,500,000 5 3.1 5335 DETACHD
635 IRON MOUNTAIN BLVD $1,589,000 5 3.1 4736 DETACHD
1925 CHERYL CT $1,848,000 4 5.1 5869 DETACHD
17388 CEDAR RD $2,825,000 4 3.1 4635 DETACHD
17512 LAKE HAVEN DR $2,950,000 4 3.1 4643 DETACHD
616 CABANA LN $3,198,000 5 4 3838 DETACHD

PENDING SALES (April 23-29, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
750 1ST ST #E33 $179,000 1 1 986 CONDO 78
354 CERVANTES CIR 1-C $205,000 2 1.1 912 CONDO 18
4000 CARMAN DR A-7 $214,900 2 2 866 CONDO 6
3866 BOTTICELLI ST #27 $286,500 2 1.1 1132 CONDO 18
5442 JEAN RD $359,900 3 1 1224 DETACHD 16
15256 BOONES WAY $485,000 3 2.1 1618 ATTACHD 35
4902 MULHOLLAND DR $499,900 3 2.1 2495 TOWNHSE 44
13850 VERTE CT $525,000 3 2 1942 DETACHD 5
19253 CHILDS CT $530,000 3 2 1687 DETACHD 39
19350 MARLIN AVE $549,000 4 2 1820 DETACHD 3
13104 ROGERS RD $699,900 3 2.1 2646 DETACHD 1
2814 VALE CT $700,000 4 3 3192 DETACHD 21
13209 TWIN CREEK CT $719,900 4 2.1 3021 DETACHD 50
5524 WASHINGTON CT $749,900 4 2.1 2672 DETACHD 87
5575 SUNCREEK DR $759,000 4 2.1 2958 DETACHD 2
9 BUCKINGHAM TER $798,000 4 3 2766 DETACHD 5
1121 DEVON LN $825,000 6 3 2968 DETACHD 67
691 7TH ST $889,500 2 2 2450 DETACHD 9
18151 WESTVIEW DR $895,000 5 3.1 3827 DETACHD 3
18840 HILL TOP RD $899,999 3 3.1 4216 DETACHD 584
64 BERWICK RD $949,000 4 3.1 3740 DETACHD 23
3100 WESTVIEW CT $990,000 4 3.1 3725 DETACHD 113
2643 RIVENDELL RD $1,029,000 5 3.1 3466 DETACHD 47
17224 GREENTREE AVE $1,279,900 4 4 3545 DETACHD 27
18040 SKYLAND CIR $1,345,000 4 2.2 4140 DETACHD 2
16206 REESE RD $1,449,900 4 3.1 3631 DETACHD 0
1655 LESLIE LN $1,725,000 4 3.1 4805 DETACHD 341
16828 ALDER CIR $1,795,000 3 3 2363 DETACHD 99
16819 GREENBRIER RD $1,799,900 4 4 3022 DETACHD 549
1955 HIGHLANDS LOOP $1,995,000 4 4.1 4012 DETACHD 25
848 PALISADES TERRACE DR $1,995,000 4 4.1 6644 DETACHD 3
17399 CANAL CIR $2,349,000 4 3.1 4586 DETACHD 243

SOLD (April 23-29, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
32 OSWEGO SMT/Upper $169,900 $169,900 1 1 752 CONDO 176
199 Oswego Summit #199 $194,000 $182,500 2 2 1506 CONDO 58
47 CRESTFIELD CT/Grnd $205,000 $210,000 2 1 921 CONDO 6
750 1ST ST C14 $299,900 $283,500 2 2 1350 CONDO 25
5061 FOOTHILLS DR D $299,900 $294,900 2 2 991 CONDO 183
750 1ST ST #27 $297,000 $307,000 2 2 1350 CONDO 4
6 BRITTEN CT $399,950 $374,900 2 1.1 1317 ATTACHD 46
3912 CARMAN DR $399,900 $375,000 3 2.1 1326 CONDO 22
16200 PACIFIC HWY #7 $365,000 $396,000 2 2 1190 ATTACHD 13
5325 OAKRIDGE RD $419,900 $410,000 4 2 1191 DETACHD 16
4711 REMBRANDT LN $529,900 $500,000 3 2.1 2050 DETACHD 113
1682 FIRCREST DR $539,900 $539,900 4 2.1 2304 DETACHD 4
1612 HIGHLAND DR $549,900 $550,000 4 3 2158 DETACHD 2
18706 BRYANT RD $599,900 $599,900 3 2.1 2489 DETACHD 4
13758 REGENCY CT $615,000 $600,000 3 2.1 1986 DETACHD 155
304 6TH ST $615,000 $610,000 1 1 941 DETACHD 5
4667 WINTHROP CT $769,900 $750,000 4 2.1 2235 DETACHD 12
4985 CASCARA LN $819,000 $777,000 5 2.1 3607 DETACHD 125
15985 BONAIRE AVE $900,000 $900,000 3 3 2910 DETACHD 5
426 7TH ST $960,000 $950,000 4 2.1 3088 DETACHD 49
610 9TH ST $1,349,000 $1,108,000 4 3.1 4021 DETACHD 210
505 IRON MOUNTAIN BLVD $1,245,000 $1,216,000 5 4 3015 DETACHD 462
1059 BAYBERRY RD $1,548,000 $1,500,000 5 3.1 3550 DETACHD 51
1287 CHERRY LN $2,100,000 $2,100,000 5 4.1 4997 DETACHD 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.

Market Activity April 16-22, 2018

Doing these market activity reports, I get a sense of the rhythm of the market. Looking at last week’s numbers, it feels like we are really kicking into full gear. In my opinion the market peaks in June with about 35 pending sales per week. Last week we had 25 new listings, 33 pending sales, and 20 closed/sold properties. 33 pending sales is pushing close to those peak numbers. Its exciting and also hectic!

Following is the breakdown for you according to RMLS:

New on the Market (April 16-22, 2018)

Address Type Price BR Baths Sq Ft
21 Oswego Summit Condo $170,000 1 1 764
4000 Carman Dr A-7 Condo $214,900 2 2 866
4 Touchstone #77 Condo $239,000 3 2.5 1351
520 S State St 5B Condo $243,000 2 1 914
512 S State St Condo $270,000 1 1 829
99 Kingsgate Rd Detached $449,950 2 2 1224
5465 Childs Rd Detached $450,000 3 2 1487
13850 Verte Ct Detached $525,000 3 2 1942
14328 Holly Springs Rd Detached $529,000 4 2.5 1939
2814 Overlook Dr Detached $595,000 4 2.5 3348
1458 Greentree Circle Detached $680,000 4 2.5 2156
663 Carrera Ln Detached $749,900 3 2 2197
5575 Suncreek Dr Detached $759,000 4 2.5 2958
9 Buckingham Terrace Detached $798,000 4 3 2766
3075 Royce Way Detached $849,900 4 3.5 3724
2095 Ridge Pointe Dr Detached $875,000 3 2.5 3748
252 Greenwood Rd Detached $875,000 5 2 3834
691 7th St Detached $889,500 2 2 2450
5676 Suncreek Dr Detached $949,000 4 3.5 3312
15585 Manchester Dr Detached $949,000 4 3 3576
790 Terrace Dr Detached $1,195,000 4 2.5 3734
14005 Goodall Rd Detached $1,795,000 4 3.5 4886
13705 Knaus Rd Detached $1,795,000 4 3.5 5339
1115 Lake Front Rd Detached $2,295,000 4 4 4245
919 Westpoint Rd Detached $4,500,000 4 4 4995

Pending Sales (April 16-22, 2018)

Address Type Price BR Baths Sq Ft CDOM
125 Oswego Summit Condo $180,000 1 1 764 10
147 Oswego Summit #21 Condo $185,000 2 2 1140 1
199 Oswego Summit Condo $194,000 2 2 1506 58
100 Kerr Parkway #27 Condo $198,000 2 2 832 17
4 Touchstone #68 Condo $199,900 2 2 984 3
86 Kingsgate #47 Condo $199,900 2 2 840 4
4 Touchstone #148 Condo $214,900 3 2.5 1351 159
200 Burnham Rd #203 Condo $222,000 2 1 1160 18
67 Oswego Summit Condo $225,000 2 2 1212 24
4000 Carman Dr #60 Condo $225,000 2 2 866 13
3433 McNary Parkway Condo $229,000 2 2.5 1208 4
48 Eagle Crest Dr 4E Condo $305,000 2 2 1489 8
6070 Lakeview Blvd Detached $350,000 3 2 1416 5
17132 Rebecca Ln Detached $505,505 3 2.5 1763 7
55 Northshore Rd #10 Condo $519,000 2 2.5 1910 235
4391 Upper Dr Detached $529,000 4 2.5 1740 22
17647 Hill Way Detached $559,900 3 2 1787 4
4 Westminster Dr Detached $585,000 4 3 2142 1
3827 Bass Ln Detached $589,000 4 2.5 2302 42
13861 Shireva Ct Detached $625,000 4 2.5 2377 5
17960 Ridge Lake Dr Detached $750,000 4 2.5 3124 10
852 A Ave Detached $768,000 4 2 2362 56
4667 Winthrop Ct Detached $769,900 4 2.5 2235 12
1510 Fernwood Dr Detached $789,900 5 3 3291 13
2484 Marylshire Ln Detached $799,000 4 3.5 4168 3
1565 Pine St Detached $950,000 4 2 2830 32
975 Englewood Dr Detached $1,049,000 5 3.5 4024 333
1619 Bay View Ln Detached $1,175,000 5 3.5 4922 237
1875 Fernwood Dr Detached $1,224,900 4 4 3279 74
3166 Stonebridge Way Detached $1,295,000 4 2.5 3039 16
490 G Ave Detached $1,349,900 3 3.5 2959 0
15567 Village Dr Detached $1,695,000 5 4 4934 2
16865 Greenbrier Rd Detached $2,595,000 5 5 6104 33

Sold/Closed (April 16-22, 2018)

Address Type List Price Sold Price Sq Ft CDOM
4647 Lakeview Blvd D-1 Condo $179,000 $155,000 753 171
4000 Carman Dr #70 Condo $237,500 $238,000 974 4
94 Oswego Summit Condo $249,000 $240,000 1,140 4
3802 Botticelli St Condo $275,000 $280,000 1224 26
5058 Foothills Dr A Condo $364,500 $360,000 1252 101
4912 Lower Dr Detached $475,000 $469,500 1557 2
536 2nd St Attached $499,000 $490,000 1394 3
578 2nd St Condo $499,000 $492,000 1361 39
18426 Sandpiper Way Detached $535,000 $535,000 1884 5
1714 Meadows Dr Detached $539,000 $557,361 1912 5
5687 Bonita Rd Detached $589,900 $608,000 2048 9
4344 Snowbrush Ct Detached $749,000 $640,000 3255 245
17360 Hunter Ct Detached $645,900 $655,000 3272 178
2220 Hillside Dr Detached $625,000 $685,000 2201 3
3106 Rosemary Ln Detached $775,000 $725,000 2717 75
4198 Glacier Lily St Detached $724,900 $725,000 2806 4
17379 Brookhurst Dr Detached $735,000 $735,000 3140 3
3305 Cedar Ct Detached $1,098,000 $1,098,000 3986 11
13587 Meadowcreek Ln Detached $1,195,000 $1,180,000 3200 178
1221 Glenmorrie Dr Detached $1,649,000 $1,465,000 4231 205

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.

Hallinan House

Hello Property Blotter Readers!!!

I just thought of you this morning because I have an out-of-town cash Buyer looking for a property in the Hallinan neighborhood.  ***If you are thinking of selling your home in Hallinan, please contact me ASAP, and I’ll give you more details of what they’re looking for to see if we have a fit!

Enjoy the increasing sunshine~

Very Best,

Linda

Market Activity April 9-15, 2018

I love spring! It is absolutely beautiful outside as I write this. Sunny, blue skies, lots of flowers in bloom, this is just a stunning time of year in Lake Oswego.

Along with the beauty of spring, we are in the full throws of the spring market. Last week in Lake Oswego we had 20 homes enter the market, 32 moving into pending status, and 22 sold/closed properties.

Following is the breakdown for you according to RMLS:

New on the Market (April 9-15, 2018)

Address Type Price BR Baths Sq Ft
125 Oswego Summit Condo $180,000 1 1 764
86 Kingsgate Rd #47 Condo $199,900 2 2 840
3433 McNary Pkwy Condo $229,000 2 2.5 1208
48 Eagle Cresst Dr 4E Condo $305,000 2 2 1489
4442 Thunder Vista Ln Condo $335,000 2 2.5 1829
6070 Lakeview Blvd Detached $350,000 3 2 1416
21 Summit Ridge Ct Attached $429,000 2 2.5 1654
5835 Carman Dr Detached $449,900 3 2.5 1650
28 Northview Ct Attached $574,000 2 3 2092
75 Touchstone Detached $700,000 4 2.5 2373
17960 Ridge Lake Dr Detached $750,000 4 2.5 3124
10 Morningview Ln Detached $775,000 4 3.5 3848
18028 Westminster Dr Detached $805,000 4 3.5 4501
15818 Springbrook Ct Detached $914,900 3 3 2538
144 Leonard St Detached $1,095,000 4 3.5 3363
17312 Bergis Farm Dr Detached $1,149,000 4 4.5+.5 4808
13637 Westlake Dr Detached $1,350,000 4 4.5 3868
17407 Redfern Ave Detached $1,599,950 4 4.5 5206
1210 Chandler Rd Detached $3,488,000 6 6.5+.5 7455
4643 Firwood Rd Detached $1,099,000 3 2.5 2790

Pending Sales (April 9-15, 2018)

Address Type Price BR Baths Sq Ft CDOM
52 Oswego Summit Condo $204,900 1 1 705 15
47 Crestfield Ct Condo $205,000 2 1 921 6
200 Cervantes Condo $225,000 3 1.5 1138 63
45 Eagle Crest Dr #510 Condo $246,900 1 1 830 45
4000 Carman Dr A11 Condo $249,900 2 2 869 55
668 McVey Ave #74 Condo $285,000 1 1 636 26
16200 Pacific Hwy #7 Condo $365,000 2 2 1190 13
16909 Tracy Ave Detached $439,999 4 2 1499 4
5101 Rosewood St Detached $509,900 3 2.5 1736 3
528 2nd St Condo $525,000 2 2.5 1567 101
5875 Bonita Rd Detached $550,000 5 3.5 2650 199
3300 Southshore Blvd Detached $599,000 2 1.5+.5 1062 8
377 Livingood Ln Detached $624,000 3 2.5 2409 2
130 Del Prado St Detached $659,900 4 3 2419 3
4 Bernini Ct Detached $665,000 4 3 3028 10
4051 Virginia Way Detached $679,333 3 2 1750 2
2033 Ridgewood Rd Detached $699,000 4 2.5 2668 622
2325 Oakhurst Ln Detached $780,000 5 2.5 3627 51
754 Oak Meadow Ct Detached $839,900 4 2.5 3283 4
18120 Delenka Ln Detached $850,000 5 2.5 3157 31
4904 Lower Dr Detached $864,900 4 3 2844 3
16805 Old River Dr Detached $875,000 3 2 1728 9
13978 Westcott Ct Detached $925,000 4 3 3267 73
4305 Upper Dr Detached $950,000 5 2.5 3483 191
13507 Streamside Dr Detached $999,000 4 3.5 3716 2
832 9th St Detached $1,150,000 3 2 2149 5
937 F Ave Detached $1,199,900 5 3 2736 57
4688 Upper Dr Detached $1,449,000 4 3.5 3962 152
13740 Fielding Rd Detached $1,495,000 4 3.5 4471 12
1655 Leslie Ln Detached $1,725,000 4 3.5 4805 324
3866 Botticelli St #27 Condo $286,500 2 1.5 1132 3
668 McVey Ave #64 Condo $295,000 1 1 636 7

Sold/Closed (April 9-15, 2018)

Address Type List Price Sold Price Sq Ft CDOM
3433 McNary Pkwy #405 Condo $198,000 $200,000 1208 3
18319 Terry Ct Detached $350,000 $350,000 1,191 18
93 Kingsgate Rd Detached $410,000 $405,000 1,669 427
200 Burnham Rd #211 Condo $450,000 $440,000 1862 6
4470 Golden Ln Condo $459,000 $454,500 2102 3
825 Oak St Detached $449,000 $470,000 1350 3
12 Da Vinci St Detached $684,000 $490,000 2959 113
1515 Cloverleaf Rd Detached $495,000 $495,000 2206 7
19 Westridge Dr Detached $624,800 $629,800 3711 30
168834 Cherry Crest Ave Detached $649,900 $650,000 2598 2
13171 Sandalwood Ct Detached $715,000 $675,000 3325 50
13602 Provincial Hill Way Detached $675,000 $675,000 2420 6
3088 Rosemary Ln Detached $719,000 $702,500 3233 23
5616 Southwood Dr Detached $781,500 $750,000 3043 24
1 Mountain View Ln Detached $800,000 $775,000 3352 19
17614 Brookhurst Dr Detached $782,500 $796,500 3386 1
4376 Snowbrush Ct Detached $899,000 $820,000 4173 49
3920 Upper Dr Detached $1,350,000 $1,030,000 3800 127
2735 Glen Eagles Rd Detached $1,379,900 $1,330,000 2938 35
149 Pine Valley Rd Detached $1,450,000 $1,400,000 3220 6
1144 Bayberry Rd Detached $1,449,000 $1,425,000 3523 6
17104 Cedar Rd Detached $1,628,800 $1,550,000 3345 163

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.

News & Notes ~ March, 2018

Happy Springtime to our Property Blotter readers!  In our look at activity during the month of March we see a general pattern of a lowering or slight increase over last year during the same month, and a big increase over the prior month/Feb of 2018 in most all areas.

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

  • According to the RMLS Market Action Report for the Portland Metro Area, March, 2018:
    • There were 3,648 New Listings in March 2018 which was up 1.2% from March of 2017’s 3,604, and up a whopping 44.2% from the previous month/Feb of 2018’s total of 2,530.
    • At 2,371, March Closed Sales were down 4.9% from March 2017’s 2,494, and up a whopping 31.3% from the previous month/Feb 2018’s total of  1,806.
    • March’s Pending Sales (accepted offers), at 2,894 dropped 4.9% from March of 2017’s 3,043, and increased another whopping 23.8% from the previous month/Feb 2018’s total of 2,337
    • The Average Sale Price in March of $445,900 was up $17,500 from March 2017’s $428,400, and also up from February 2018’s $441,900 by $4,000.   

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

  • North Portland:  $438,700              6.6%   (Feb 418,000)
  • NE Portland:  $478,900                   7.3%   (Feb 462,400)
  • SE Portland:  $418,600                   8.4%   (Feb 418,700)
  • Gresham/Troutdale:   $356,400   12.0%   (Feb 339,400)
  • Milwaukie/Clackamas:  $423,400  9.4%   (Feb 406,100)
  • Oregon City/Canby:   $396,500      6.0%   (Feb 381,200)
  • Lake Oswego/West Linn:$631,100 6.1%   (Feb 706,400)
  • West Portland:    $597,200             3.1%   (Feb 602,500)
  • NW Wash County:  $550,200          7.5%   (Feb 540,100)
  • Beaverton/Aloha:     $386,000        9.1%   (Feb 380,500)
  • Tigard/Wilsonville:   $456,700        7.4%   (Feb 443,600)
  • Hillsboro/Forest Grove: $403,800  9.9%   (Feb 384,600)

LAKE OSWEGO:

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

    •  306 Active Listings   (Feb 296)
    •  225 New Listings     (Feb 158)
    •  188 Pending Sales  (Feb 120)
    •  117 Closed Sales      (Feb 92)
    • Average Sale Price for Feb: $631,100  (Feb 706,400)
      • 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.
    •  82 Average Days on the Market   (Feb 107)