Property Blotter – Page 15 – Lake Oswego Real Estate Blog

February 1, 2025February 1, 2025

When It Comes To Winter, Be Prepared

This next week we will be flirting with snow and winter weather most of the week. Just over a year ago Lake Oswego had a massive winter storm that felled trees, knocked out power, and generally wreaked havoc. Those sorts of storms are rare. This winter has, in fact, been very mild. But you just don’t know. The time to prepare is before the storm hits.

Last winter my household was without power for 6 days. We do have equipment to cook and heat, all indoor rated, that require propane. We had to go to Hillsboro, a part of the metro area that wasn’t hit hard by the storm, to find propane. Around LO, it was all sold out. I never want to be caught in that situation again.

PGE puts out a really simple list of things that you can do to prepare for a storm:

Make sure that you have medication. If it needs refrigeration, have a cooler that you can put ice in.
If you have a generator, make sure that you have fuel and extension cords.
Plan to use flashlights instead of candles and make sure that you have batteries and back-up batteries in sufficient supply.
Make sure that you have drinking water.
Charge up your electronics and plan a way to recharge those devices. Get an adaptor for your car. Consider also having a portable charger. We found a battery operated one that could charge our phones and our portable devices.
Purchase ice or freeze containers of water to put into your freezer and refrigerator. Last year it was so cold that we simply bagged up the contents of our refrigerator and freezer and put it out into the garage.
Keep handy a list of important phone numbers such as for the doctor, hospital, and veterinarian.
Make sure that your car is accessible.

So far, the forecast next week is just a flirtation with winter. No major storm is forecast, thank goodness. We will have the chance of winter storms for about 6 more weeks, so plan ahead. Stay safe and stay warm.

Dianne

January 31, 2025

Market Activity Jan 20-26, 2024

Last week in Lake Oswego there were 11 new listings, 7 houses that went into pending status with an accepted offer, and 7 houses that closed escrow and are now considered sold.

See below for RMLS data.

New on the Market Jan 20-26, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet
44 Eagle Crest Dr #28	Condo	$299,999	3	2	1085
4 Touchstone #69	Condo	$325,000	3	2.5	1351
4053 Jefferson Pkwy	Condo	$325,000	2	2.5	1462
3569 Sunwood Ct	Detached	$799,900	3	1.5	1650
17999 Ridge Lake Dr	Detached	$849,900	4	2.5	2659
5455 Childs Rd	Detached	$2,295,000	4	3.5	4038
16250 Reese Rd	Detached	$2,999,900	4	4.5	3420
1032 Westward Ho Rd	Detached	$2,395,000	4	3.5	4277
21 D Ave #1	Condo	$2,550,000	2	2.5	2566
1572 Chandler Rd	Detached	$4,495,000	5	4.5	4869
3012 Lakeview Blvd	Detached	$4,999,500	4	4.5	6442

Pending Jan 20-26, 2025

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
100 Kerr Pkwy #47	Condo	$175,000	1	1	617	99
45 Eagle Crest Dr #313	Condo	$249,900	2	1.5+.5	1056	141
17975 Belmore Ave	Detached	$524,900	3	1	1012	6
71 Condolea Way	Condo	$620,000	3	3	2131	7
18850 Reao Ct	Detached	$1,795,000	4	3.5	3512	6
17787 Kelok Rd	Detached	$1,950,000	3	2	3083	174
18218 Meadowlark Ln	Detached	$2,575,000	4	6.5	8474	11

Sold/Closed Jan 20-26, 2024

Address	Type	List Price	Closed Price	Sq Feet	CDOM
47 Eagle Crest Dr #48	Condo	$220,000	$225,000	696	10
46 Crestield Ct	Condo	$319,900	$305,000	923	156
3433 McNary Pkwy #805	Condo	$350,000	$344,000	1136	96
4312 Botticelli Bldg B 38	Attached	$485,000	$467,500	2285	90
1640 Aspen St	Detached	$740,000	$715,000	1699	3
120 Kingsgate Rd	Detached	$715,000	$715,000	1699	3
5759 Washington Ct	Detached	$1,195,000	$1,195,000	2343	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.

January 26, 2025

Year-End Market Recap ~ Portland Area Dec 2024 Stats + LO

Here is your breakdown from the previous month, November, for Portland and surrounding areas including LO broken out at the bottom. This is a once-a year opportunity to see how things compare to the data thru last Dec 31st., 2023) as well as usual the Nov to Dec changes. ***Be sure to check out the Neighborhood Re~ port which categorizes down into smaller pieces.

Overview/Fluctuations ~ December 2024 Market Data:

(**Check out my Neighborhoods Report toward the bottom for details specific to most Portland area neighborhoods or areas of interest.)

New Listings, Pending Sales and Closed Sales were all up from year-end 2023 and down from the previous month, November 2024. Average Sale Price is down slightly from last year and down significantly fron November, whereas the Median Sale Price remained approximately the same. Inventory continues to be low, and we also need to remember that this is somewhat normal for holiday time every year, as are fluctuations in activity. See the Year-End Neighborhood Report below where I compare the differences in Price and Appreciation/Depreciation for each area of the general Portland Metro Area. Happy 2025! It’s off to a busy start!

Rates: “Positive news on inflation has helped stabilize rates in the mid to upper 6% range” Gary Boyer, Regional VP, Gold Star Mortgage Financial

According to the RMLS Market Action Report for the Portland Metro Area December 2024:

There were 1,068 New Listings in December which increased 4.1% from the 1,026 in Dec 2023 and decreased 26.8% from the 1,459 in the previous month/Nov.
At 1,534 Dec 2024’s Closed Sales (Solds) are up 15.3% from Dec 2023’s 1,330 and down 8.7% from the previous month’s total of 1,681.
At 1,326 Dec 2024’s Pending Sales (Accepted Offers) are up 1.3% from Dec 2023’s 1,309, and decreased 16.2% from the previous month/Nov’s total of 1,582.
The Average Sale Price for December 2024 of, $578,300 is down$8,500. from last year/Dec $586,800, and down a whopping $37,400 from the previous month/Nov’s $615,70.
The “Median Sale Price (the price smack dab in the middle of all sales) in Dec 2024 of $525,000 is unchanged from Dec 2023’s $525,000, and down $10,000 from Nov’s $535,000.

LAKE OSWEGO: (Month of December ’24)

204 Active Listings (Nov 253) ** Dec 2023: 171
46 New Listings (Nov 63 ** Dec 2023: 45
55 Pending Sales (Nov 72) ** Dec 2023: 46
80 Closed Sales (Nov 79) ** Dec 2023: 60
Average Sale Price for Dec: $937,000 (Nov $1,044,400) **Dec 2023: $1,095,500
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.
97 Days on the Market (Nov 79) **Dec 2023: 71

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

January 25, 2025January 26, 2025

Market Activity ~ Jan 13-19, 2025

Last week we saw an uptick in activity. There were 14 “New” properties entering the market, 13 that moved to “Pending” status, and 9 that “Closed”/Sold. Right now there are 156 properties available in Lake Oswego ranging from $210,000 to $8,800,000.

Here is the breakdown:

NEW Jan 13-19, 2025

Address	List Price	Beds	Baths	SF	Prop Type
124 OSWEGO SUMMIT, Upper	$264,999	2	2	1140	CONDO
4000 CARMAN DR # F90	$340,000	2	2	834	CONDO
3101 MCNARY PKWY #6	$399,000	3	2.1	1884	ATTACHD
17975 BELMORE AVE	$524,900	3	1	1012	DETACHD
71 CONDOLEA WAY, Grnd	$620,000	3	3	2131	CONDO
17706 TREE TOP WAY	$700,000	4	3	3782	DETACHD
13851 VERTE CT	$1,050,000	4	3	2925	DETACHD
800 WOODWAY CT	$1,095,000	4	3	2254	DETACHD
2757 RIVENDELL RD	$1,549,000	4	3.1	3936	DETACHD
18850 REAO CT	$1,795,000	4	3.1	3512	DETACHD
4974 PARK BLUFF PL	$2,200,000	4	3.1	4119	DETACHD
18218 MEADOWLARK LN	$2,575,000	4	6.1	8474	DETACHD
18171 BRYANT RD	$2,695,000	3	2.1	2984	DETACHD
1131 SKYLAND DR	$2,850,000	4	5.1	6320	DETACHD

PENDING Jan 13-19, 2025

Address	List Price	Beds	Baths	SF	Prop Type	Days
47 EAGLE CREST DR #42	$230,000	2	1	932	CONDO	42
124 OSWEGO SUMMIT, Upper	$264,999	2	2	1140	CONDO	5
4 TOUCHSTONE #63	$310,000	2	2	974	CONDO	26
8 BRITTEN CT	$515,000	2	2	1175	ATTACHD	21
1760 OAK ST	$675,000	5	2	1680	DETACHD	5
1560 CHERRY CREST AVE	$780,000	3	2.1	1808	DETACHD	90
54 AQUINAS ST	$850,000	4	2.1	2774	DETACHD	7
4587 TRILLIUM WOODS	$995,000	3	2.1	2278	ATTACHD	23
13851 VERTE CT	$1,050,000	4	3	2925	DETACHD	2
2033 RIDGEWOOD RD	$1,179,000	4	2.1	2724	DETACHD	186
2855 BROOKSIDE RD	$1,575,000	4	2.1	4046	DETACHD	186
4965 SW Park Bluff PL	$2,099,000	5	4.1	4568	DETACHD	427
1814 HIGHLANDS LOOP	$2,595,000	3	4.1	5635	DETACHD	152

CLOSED/SOLD Jan 13-17, 2025

Address	Opening	Closed	Beds	Baths	SF	Prop Type
4 TOUCHSTONE #117	$285,000	$265,000	2	2	984	CONDO
18521 Don Lee WAY	$599,000	$599,999	3	2	994	DETACHD
4322 COLLINS WAY	$820,000	$815,000	5	3	2112	DETACHD
4694 WINTHROP CT	$1,050,000	$990,000	4	2.1	2250	DETACHD
18440 DELENKA LN	$1,350,000	$1,300,000	4	3.1	4696	DETACHD
1525 MAPLE ST	$1,500,000	$1,500,000	3	3.1	2796	DETACHD
3096 WEMBLEY PARK RD	$2,200,000	$2,000,000	5	4	4165	DETACHD
1855 CLOVERLEAF RD	$2,160,000	$2,160,000	4	4	4014	DETACHD
553 6TH ST	$2,325,000	$2,318,000	4	3.1	3605	DETACHD

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 (***We’ve used “Days” in each category for ease of understanding) .

January 19, 2025January 19, 2025

Carbon Monoxide Detectors

November through February are the leading months for carbon monoxide poisoning in the United States. It seems pretty obvious why. These are the coldest months of the year when we are in our homes, heating them, cooking, and living as warmly as possible.

Sources of carbon monoxide are surprisingly plentiful. Gas appliances such as furnaces, water heaters, and cooktops are obvious, but really, it’s bigger than that. Anything that burns gives off carbon monoxide. So things like oil furnaces and wood burning fireplaces also give off carbon monoxide.

When you sell your home you are required to have carbon monoxide detectors in the house.

There are also some simple steps you can take to stay safe:

Check you heating systems, fireplace, and gas appliances every year. Keep them clean and working properly.

Use caution with kerosene or gas space heaters.

Never use a gas range or oven to heat a home.

Use charcoal grills, hibachis or portable camping stoves outside.

Never run a gasoline powered engine (like for a generator) in a basement or enclosed structure.

Never leave the motor running in a vehicle parked in an attached garage or closed space.

It’s mostly common sense, but people being people, it’s good to get the word out.

Dianne

January 16, 2025

Market Activity Jan 6-12, 2025

Market activity has picked back up with 12 new listings, 7 pending sales, and 11 closed purchases in Lake Oswego last week. That is about twice what was happening the last couple of weeks of 2024. One of the new listings sold super fast and appears in this report as a pending sale.

I get excited as we come out of the holidays. My phone starts to ring and the energy builds as we move foreword into the new year. I love it!

See below for RMLS data.

New on the Market Jan 6-12, 2025

Address	Type	Price	Bedrooms	Baths	Sq Feet
62 Galen St	Condo	$210,000	1	1	552
35 Oswego	Condo	$275,000	2	2	1212
4000 Carman Dr F90	Condo	$340,000	2	2	834
4057 Jefferson Pkwy	Condo	$365,000	3	2.5	1282
1760 Oak St	Detached	$675,000	5	2	1680
16011 Parker Rd	Detached	$775,000	3	2	1506
54 Aquinas St	Detached	$850,000	4	2.5	2774
1122 Erickson St	Detached	$1,050,000	3	2	1611
8 Walking Woods Dr	Detached	$1,075,000	5	4	3401
13560 Goodall Rd #3	Detached	$4,998,000	4	4.5	4750
13560 Goodall Rd #7	Detached	$5,290,000	4	5.5	5964

Pending Sales Jan 6-12, 2025

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
45 Eagle Crest Dr #506	Condo	$225,000	1	1	600	131
4316 Botticelli St	Condo	$450,000	2	2.5	2260	8
4291 Woodside Cir	Attached	$634,900	3	2	2026	90
16861 Cortez Ct	Detached	$800,000	3	2	1886	1
4511 Oakridge Rd	Attached	$864,000	3	2.5	2129	177
25 Da Vinci St	Detached	$925,000	3	3	3026	6
17010 Chapin Way	Detached	$1,499,900	4	3.5	4032	67

Sold/Closed Jan 6-12, 2025

Address	Type	List Price	Closed Price	Sq Feet	CDOM
82 Oswego	Condo	$269,900	$269,900	1212	5
100 Kerr Pkwy #40	Condo	$250,000	$270,000	823	3
1349 Bonniebrae Dr	Attached	$495,000	$472,000	1303	33
5050 Lower Dr	Detached	$650,000	$525,000	2222	44
1621 Larch St	Detached	$799,000	$700,000	3040	60
3837 Carman Dr	Detached	$1,095,000	$1,155,381	2531	37
4027 Canal Woods Ct	Detached	$1,595,000	$1,450,000	4232	155
19177 Hill Top Rd	Detached	$1,999,900	$1,700,000	5168	138
688 6th St	Detached	$2,335,000	$2,225,000	2939	22
3876 Lake Grove Ave	Detached	$2,699,000	$2,395,000	4205	211
16643 Roosevelt Ave	Detached	$650,000	$525,000	2222	44

January 12, 2025January 13, 2025

This Week in Lake Oswego

Living in Lake Oswego is an experience of community. That’s why we post these little snippets of activities offered by various groups! Here are my picks for what to do this week in Lake Oswego:

Mon, Jan 13, 2025 – 10:30 AM ~ Early Childhood Music and Movement In Mandarin Chinese (Repeats on Mondays )- This outstanding program is for young learners ages 2-5 ranging from little or no to high levels of fluency in Mandarin. The series includes movement, play, instruments and stories and is sponsored by the Friends of the Lake Oswego Public Library and admission is free/first come/first served. 706 Fourth St, Lake Oswego ~ CLICK HERE

Tues, Jan 14 , 2025 – 6:30-8:00 PM ~ Pints from the Past: Oswego Suffragists -Meet the women in early Oswego who fought to better their community. Sponsored by Friends of the Lake Oswego Public Library. This presentation and exhibit explores exactly what they did to fight for the rights we have today. (Free, AND Refreshment purchases are encouraged to offset the cost to the lake Theater & Cafe : ) – Lake Theater & Cafe, 106 North State Street, Lake Oswego More Info: CLICK HERE

Wed, Jan 15, 2025 – 1:00-3:00PM (weekly thru Feb 12th) ~Living Well with Chronic Conditions (series) ~ This program offers tools & strategies through expert guidance, peer support and practical activities. ~ACC, 505 G Ave, Lake Oswego ~ More Info : CLICK HERE

Thurs, Jan 16, 2025 – 12:30-2:00 PM ~Poetry Group (series) ~ Bring your own poetry or bring other poetry you love and read it in this supportive environment. There is time for introductions, poetry readings and organic discussion every 3rd Thursday. ~ Lake Oswego Library, 706 Fourth St, Lake Oswego ~ More Info : CLICK HERE

Fri, Jan 17, 2025 – 10:30-11:00 AM ~Spanish Language Story and Play (series) ~ Jessica Amezcua from Adventures in Spanish shares songs and stories for children ages 0-5 and their caregivers. Repeats every 3rd Friday ~Lake Oswego Library, 706 Fourth St, Lake Oswego~ More Info: CLICK HERE

Sat, Jan 18, 2024 – 1:00PM-5:00PM – Teen Study Session ~ With finals around the corner, teens are encouraged to use this space to study and prepare WITH SNACKS! Quieter than with your brothers & sisters running around, and who can resist the snacks! Study groups are Ok too. ~ Lake Oswego Library,706 Fourth St, Lake Oswego ~ More Info : CLICK HERE

January 8, 2025January 8, 2025

Market Activity ~ Dec 30, 2024-Jan 5, 2025

Last week as we ushered 2025 in the door, Lake Oswego had 5 properties enter the market, 6 move to Pending status and 9 that Closed/Sold.

Right now there are 142 lovely homes available in Lake Oswego ranging from $190,000 to $8,800,000.

Here is the breakdown:

NEW Dec 30, 2024-Jan 5, 2025

Address	List Price	Beds	Baths	SF	Prop Type
4323 LAKEVIEW BLVD	$299,950	2	1.1	912	CONDO
800 FAIRWAY RD	$450,000	2	2.1	2260	CONDO
12535 SW BOONES FERRY RD	$479,900	3	2	1829	DETACHD
38 CERVANTES CIR	$640,000	4	2	1483	DETACHD
4316 BOTTICELLI ST	$1,295,000	3	2	2037	DETACHD

PENDING Dec 30, 2024-Jan 5, 2025

Address	List Price	Beds	Bath	SF	Prop Type	Days
3433 MCNARY PKWY #505	$375,000	2	2.1	1608	CONDO	30
12535 SW BOONES FERRY RD	$479,900	3	2	1829	DETACHD	3
4312 BOTTICELLI Bldg B ST #8	$485,000	2	2.1	2285	ATTACHD	90
8 BRITTEN CT	$515,000	2	2	1175	ATTACHD	7
18625 BRYANT RD	$550,000	3	1	1586	DETACHD	14
2651 LOOKOUT CT	$699,000	5	2.1	2472	DETACHD	154

SOLD Dec 30, 2024,Jan 5, 2025

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
100 KERR PKWY #54	$200,000	$165,000	1	1	617	CONDO	188
317 CERVANTES / Grnd	$359,000	$340,000	2	2	1209	CONDO	85
4047 JEFFERSON PKWY	$359,900	$355,000	3	2.1	1259	ATTACHD	135
84 KINGSGATE RD	$699,900	$630,000	3	2.1	1701	DETACHD	121
5722 FERNBROOK WAY	$715,000	$680,000	3	2	1580	DETACHD	39
580 8TH ST	$1,695,000	$1,435,000	3	3	1788	DETACHD	92
1115 NORTHSHORE RD	$1,950,000	$1,665,000	4	4.1	4306	DETACHD	166
17522 BRYANT RD	$1,795,000	$1,745,000	4	4	3616	DETACHD	57
1228 MAPLE ST	$2,279,000	$2,038,000	4	3.1	3505	DETACHD	601

January 1, 2025January 1, 2025

Market Activity Dec 23-29, 2024

Because last week included the Christmas holiday, I just don’t expect there to have been much real estate activity. And there wasn’t with 3 houses that came onto the market, 2 that went pending, and 6 that were fully sold with closed contracts. I also have to note that real estate is happening at all times, every single week of the year.

See below for RMLS data.

New on the Market Dec 23-29, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet
4 Touchstone #63	Condo	$310,000	2	2	974
8 Britten Ct	Attached	$515,000	2	2	1175
4587 Trillium Woods	Attached	$995,000	3	2.5	2278

Pending Dec 23-29, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
44 Eaglecrest Dr #13	Condo	$299,000	3	2	1085	29
1463 Greentree Circle	Detached	$899,900	4	2.5	2048	35

Sold/Closed Dec 23-29,2024

Address	Type	List Price	Closed Price	Sq Feet	CDOM
154 Oswego Summit	Condo	$325,000	$275,000	1506	139
5061 Foothills Dr C	Condo	$419,000	$410,000	1077	26
1819 Boca Ratan Dr	Attached	$589,900	$600,000	1583	58
1803 Boca Ratan Dr	Attached	$650,000	$641,680	1780	18
17291 Cedar Rd	Detached	$1,049,000	$995,000	2,872	6
18560 Westview Dr	Detached	$1,500,000	$1,150,000	3411	155

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

December 25, 2024December 25, 2024

Peace and Joy to You and Yours

As we do every year, we’ll be taking a short hiatus and will be back with all the Lake Oswego market news that you can use in 2025!

Whatever holiday you may celebrate this season, on this Christmas Day, Dianne and I wish you and your loved ones a home filled with all the cozy things you associate with this time of year. In this big world, we continue to be grateful for so many things, and we wish you more of exactly what fills you with Joy.

Merry Christmas, Happy Hanukkah and Joyous Holidays to you!

Dianne & Linda