Property Blotter

Last week in Lake Oswego we had 15 new listings come onto the market. Of those, 2 sold quickly and appear in this report as pending sales. We had 12 properties accept offers and move to pending status, and we had 10 closed sales.

See below for RMLS data.

New on the Market March 18-24, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet
15215 Boones Way	Attached	$579,900	3	2.5	1686
127 Ash St	Detached	$824,900	5	2.5	3211
668 McVey Ave #8	Condo	$835,000	3	1.5	992
19230 Redwing Ct	Detached	$899,900	4	2.5	1842
6236 Wayzata Ct	Detached	$900,000	4	2.5	2127
18230 Westminster Dr	Detached	$915,000	3	3	3282
5625 Ridgetop Ct	Detached	$1,050,000	4	2.4	2743
17720 Overlook Cir	Detached	$1,085,000	4	2.5	3324
2316 Oakhurst Ln	Detached	$1,350,000	4	2.5	3639
2370 Palisades Crest Dr	Detached	$1,600,000	4	3.5	4249
729 3rd St	Detached	$1,750,000	3	3	2748
16337 Chapin Way	Detached	$2,600,000	4	4.5	5115
13068 Knaus Rd	Detached	$2,698,000	5	5.5+.5+.5	6512

Pending Sales March 18-24, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
4000 Carman Dr #7	Condo	$310,000	2	2	866	6
47 Tanglewood Dr	Detached	$759,900	4	3.5	2917	2
16900 Gassner Ln	Detached	$839,000	4	3	3480	12
5222 Rosewood St	Detached	$850,000	3	2.5	2414	5
14480 Camden Ln	Detached	$899,000	3	2.5	2069	41
2 Da Vinci St	Detached	$975,000	5	2.5	2422	3
18 Monticello Dr	Detached	$985,000	6	3	4626	3
838 Ash St	Detached	$1,058,000	4	2.5	2785	5
14143 Taylors Crest Ln	Detached	$1,259,000	4	3	3453	3
47 Hillshire Dr	Detached	$1,450,000	4	2.5	3324	187
16850 Cortez Ct	Detached	$1,950,000	5	4	3719	14
2101 Wembley Park Rd	Detached	$3,100,000	5	4.5	5016	28

Sold/Closed March 18-24, 2024

Address	Type	List Price	Closed Price	Sq Feet	CDOM
5498 Tree St	Detached	$525,000	$525,000	1014	3
156 Ridgeway Rd	Condo	$549,000	$532,643	2001	8
1053 Yates St	Detached	$1,075,000	$1,130,000	2598	2
5406 Langford Ln	Detached	$1,279,000	$1,289,000	3415	24
2107 Goodall Ct	Detached	$1,495,000	$1,400,000	3029	12
13571 Westlake Dr	Detached	$1,625,000	$1,600,000	4079	16
18000 Sarah Hill Ln	Detached	$1,949,000	$1,643,178	3085	791
2711 Greentree Rd	Detached	$1,749,000	$1,735,000	3315	48
18187 Siena Dr	Detached	$1,850,000	$1,860,000	3908	4
17485 Cardinal Dr	Detached	$2,590,000	$2,635,000	3307	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.

Last week Lake Oswego had 26 properties enter the market (“New”), 22 move to Pending/Accepted Offer status, and 12 that Closed/Sold. Right now there are 139 properties available ranging from $199,900 to $11,500,000.

NEW March 11-17, 2024

Address	List Price	Beds	Baths	SF	Prop Type
4000 CARMAN DR 7	$310,000	2	2	866	CONDO
512 S STATE ST 512	$315,000	1	1	829	CONDO
238 RIDGEWAY RD 16C	$350,000	2	1	914	CONDO
2001 BONNIEBRAE DR	$665,000	3	2.1	1739	ATTACHD
3930 SOUTHSHORE BLVD	$725,000	4	2	3526	DETACHD
47 TANGLEWOOD DR	$759,900	4	3.1	2917	DETACHD
17503 BRYANT RD	$849,900	4	2.1	2446	DETACHD
5222 ROSEWOOD ST	$850,000	3	2.1	2414	DETACHD
14100 KNAUS RD	$899,000	3	2.1	2849	DETACHD
4407 OAKRIDGE RD	$939,000	3	2.1	2265	ATTACHD
18 MONTICELLO DR	$985,000	6	3	4626	DETACHD
838 ASH ST	$1,058,000	4	2.1	2785	DETACHD
25 DA VINCI ST	$1,175,500	3	3	3026	DETACHD
17787 BLUE HERON DR	$1,195,000	4	3	2519	DETACHD
1476 GREENTREE CIR	$1,200,000	3	2.1	2030	DETACHD
14674 RAINBOW DR	$1,295,000	4	3	3190	DETACHD
5525 Childs	$1,299,900	4	3	2982	ATTACHD
4105 PFEIFER CT	$1,425,000	5	2.1	4176	DETACHD
5404 DENTON DR	$1,495,000	4	2.1	3122	DETACHD
475 8TH ST	$1,500,000	4	2.1	2753	DETACHD
469 7TH ST	$1,875,000	4	3.1	4050	DETACHD
2102 FERNWOOD DR	$1,995,000	4	3.1	3556	DETACHD
13180 THOMA RD	$2,250,000	5	4.1	5526	DETACHD
1940 HIGHLANDS LOOP	$2,695,000	4	4.2	4080	DETACHD
1098 CHANDLER RD	$3,998,000	4	3.1	3943	DETACHD
2406 Glen Eagles	$4,150,000	5	5.1	5658	DETACHD

PENDING March 11-17, 2024

Address	List Price	Beds	Baths	SF	Prop Type	Days
200 BURNHAM RD 306	$359,000	2	1	1199	CONDO	42
5054 FOOTHILLS DR H	$400,000	3	2	1252	CONDO	7
200 BURNHAM RD 209	$412,000	2	2	1305	CONDO	59
5052 FOOTHILLS DR C	$445,000	3	2	1252	CONDO	43
4462 THUNDER VISTA LN	$450,000	2	2.1	1821	CONDO	6
3930 SOUTHSHORE BLVD	$725,000	4	2	3526	DETACHD	1
31 PARTRIDGE LN	$749,900	4	3	3158	DETACHD	23
14 ICARUS LOOP	$795,000	3	2.1	3201	DETACHD	213
18211 INDIAN CREEK DR	$799,000	3	1	2204	ATTACHD	140
4908 HASTINGS DR	$950,000	3	2.1	2109	DETACHD	7
24 AQUINAS ST	$950,000	3	2.1	3200	DETACHD	28
14231 Edenberry DR	$999,999	4	2.1	2936	DETACHD	26
304 6TH ST	$1,000,000	3	2	1691	DETACHD	4
1451 GREENTREE CIR	$1,175,000	4	3.1	2328	DETACHD	16
322 2ND ST	$1,215,000	3	3.1	1974	ATTACHD	19
18255 TAMAWAY DR	$1,375,000	4	2.1	3457	DETACHD	6
4105 PFEIFER CT	$1,425,000	5	2.1	4176	DETACHD	0
5404 DENTON DR	$1,495,000	4	2.1	3122	DETACHD	3
475 8TH ST	$1,500,000	4	2.1	2753	DETACHD	3
17625 WOODHURST PL	$1,648,000	5	4.1	4513	DETACHD	14
12830 ALTO PARK RD	$1,899,900	4	3.1	3509	DETACHD	32
16772 ALDER CIR	$3,799,500	4	3.1	3282	DETACHD	216

SOLD March 11-17, 2024

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
5059 FOOTHILLS DR B	$350,000	$360,000	2	2	991	CONDO	3
3101 MCNARY PKWY 8	$399,000	$390,000	3	2.1	1884	ATTACHD	185
750 1ST ST 26	$485,000	$400,000	2	2	1350	CONDO	26
1682 BONNIEBRAE DR	$585,000	$585,000	4	2	1611	ATTACHD	5
111 3RD ST	$650,000	$661,000	2	2	1206	CONDO	5
4 GARIBALDI ST	$699,000	$727,000	3	2.1	2430	DETACHD	2
5228 COVENTRY CT	$975,000	$975,000	4	2.1	2382	DETACHD	1
363 3RD ST	$1,015,000	$995,000	3	3.1	2112	ATTACHD	9
1476 GREENTREE CIR	$1,200,000	$1,200,000	3	2.1	2030	DETACHD	0
1500 EASTVIEW CT	$1,500,000	$1,525,000	4	3.1	3872	DETACHD	4
1425 MAPLE ST	$1,935,000	$1,850,000	4	3.1	3583	DETACHD	653
19175 PILKINGTON RD	$2,250,000	$2,080,000	5	4	4129	DETACHD	202

Spring is happening! Sunny, blue skies, daffodils blooming, and the real estate market is picking up.

Last week in Lake Oswego we had 17 new listings. 2 of those sold very quickly and appear in this report as pending sales. We had 16 properties move to pending status and 6 closed sales.

See below for RMLS data.

New on the Market March 4-10, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet
100 Kerr Pkwy #41	Condo	$225,000	2	1.5	822
5054 Foothills Dr H	Condo	$400,000	3	2	1252
4462 Thunder Vista Ln #4462	Condo	$450,000	2	2.5	1821
30 Wheatherstone	Condo	$525,000	3	2.5	1692
4308 Botticelli St	Condo	$525,000	3	3.5	2285
16900 Gassner Ln	Detached	$839,000	4	3	3703
15555 Heritage Ct	Detached	$899,900	3	2.5	2253
4908 Hastings Dr	Detached	$950,000	3	2.5	2109
2794 Vale Ct	Detached	$995,000	3	2.5	3277
13707 Fielding Rd	Detached	$1,550,000	4	3	3277
893 Cedar St	Detached	$1,925,000	4	3.5	3953
13264 Goodall Rd	Detached	$2,995,000	4	4.5	5006
1255 Hoodview Ln	Detached	$3,169,000	4	3.5	4852
14370 Uplands Dr	Detached	$3,300,000	3	3.5	4220
920 Westpoint Rd	Detached	$6,250,000	4	4.5	6337

Pending Sales March 4-10, 2024

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
92 Cervantes Circle	Condo	$255,000	2	1.5	912	267
580 S State St	Condo	$350,000	3	1	959	220
26 Greenridge Ct	Attached	$467,000	3	2.5	1996	127
5726 Dogwood Dr	Detached	$519,000	3	1	2664	7
156 Ridgeway Rd	Condo	$549,000	3	2.5	2001	8
121 Wilbur St	Condo	$749,900	3	2	1631	4
5030 Centerwood St	Detached	$795,000	4	2.5	2364	4
13819 Provincial Hill Dr	Detached	$925,000	3	2.5	2096	6
13440 Knaus Rd	Detached	$1,200,000	3	3	3818	78
14081 Edenberry Dr	Detached	$1,395,000	4	2.5	3357	3
2679 Glen Eagles Rd	Detached	$2,147,000	4	4.5	4709	38
4243 Upper Dr	Detached	$2,249,900	4	4	3361	23
14383 Fosberg Rd	Detached	$2,250,000	4	3.5	4543	2
3070 Wembley Park Rd	Detached	$2,395,000	4	3.5	4032	2
14050 Goodall Rd	Detached	$2,450,000	5	4.5+.5	6943	9
3188 Glenmorrie	Detached	$2,995,000	5	5.5	5585	57

Sold/Closed March 4-10,2024

Address	Type	List Price	Closed Price	Sq Feet	CDOM
92 Oswego Summit	Condo	$225,000	$215,000	764	5
4 Touchstone #68	Condo	$275,000	$275,000	984	3
5214 Rosewood St	Detached	$709,900	$712,000	1934	3
660 Tippecanoe Ct	Detached	$875,000	$865,000	1538	3
18521 Waxwing Circle	Detached	$1,250,000	$1,150,000	2936	72
125 3rd St	Condo	$1,200,000	$1,215,000	1447	2

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.

Here is your breakdown from the previous month/February for Portland and surrounding areas including LO broken out at the bottom. ***Be sure to check out the Neighborhood Report which categorizes down into smaller pieces.

Overview/Fluctuations ~ February 2024 Market Data:                                                OK! We still need more Inventory but, noting the usual surge at the beginning of the year, we’re still in decent shape compared to recent history. More people are Listing their homes than at this time last year, and Buyer activity is up as evidenced by the rise in Pending sales/Accepted Offers over last month. East side prices all appear to be rising and we see West Portland, Beaverton, Tigard and Hillsboro areas all seeming to take a little dip.

Rates: “No surprises with recent inflation and jobs data means rates are holding steady in the mid to upper 6% range”         Gary Boyer, Regional VP, Directors Mortgage

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

• There were 2,085 New Listings in February which is up 18.2% from 1,764 in Feb 2023 and up 7.4% from the 1,941 in the previous month/January.
• At 1,284 Feb 2024’s Closed Sales (Solds) are down 10.5% from Feb 2023’s 1,434, and up 14.6% from the previous month’s total of 1,120.
• At 1,742 Feb 2024’s Pending Sales (Accepted Offers) are up 2.3% from Feb 2023’s  1,703, and up 16.8% from the previous month/January’s total of 1,492.
• The Average Sale Price for Feb 2024 of, $576,900 is up$7,700. from last year/ Feb 2023’s $569,200, and up $12,300 from the p­­revious month/Jan’s $564,600. 
• The “Median Sale Price (the price smack dab in the middle of all sales) in Feb 2024 of $530,000 is up $17,100 from Feb 2023’s $512,900, & up $25,000 from Jan’s $505,000

LAKE OSWEGO: (Month of Feb ’24)

177 Active Listings (Jan 167)
123 New Listings  (Jan 96)
91 Pending Sales (Jan 69)
60 Closed Sales  (Jan 44)
Average Sale Price for Feb: $1,018,400 (Jan $883,600)
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.
77 Days on the Market   (Jan 89)

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

Last week Lake Oswego had 18 New properties enter the market, 17 move to Pending status, and 13 that Sold/Closed. There are currently 125 properties available ranging from $199,900 to $11,500,000.

Here is the breakdown according to RMLS:

NEW Feb 26-Mar 3, 2024

Address	List Price	Beds	Baths	SF	Prop Type
5058 FOOTHILLS DR #100	$449,900	2	2	1370	CONDO
5726 SW DOGWOOD DR	$519,000	3	1	2664	DETACHD
156 RIDGEWAY RD	$549,000	3	2.1	2001	CONDO
5097 ROSEWOOD ST	$725,000	4	2.1	1920	DETACHD
121 WILBUR ST	$749,900	3	2	1631	CONDO
5030 CENTERWOOD ST	$795,000	4	2.1	2364	DETACHD
18150 BRYANT RD	$824,900	3	2	1468	DETACHD
13819 PROVINCIAL HILL DR	$925,000	3	2.1	2096	DETACHD
5228 COVENTRY CT	$975,000	4	2.1	2382	DETACHD
17654 CARDINAL DR	$1,195,000	3	2.1	2042	DETACHD
625 3RD ST	$1,198,000	3	2.1	2645	ATTACHD
19263 35TH PL	$1,225,000	4	3.1	3476	DETACHD
1131 DEVON LN	$1,275,000	4	3.1	3697	DETACHD
16368 LAKE FOREST BLVD	$1,399,000	4	2.1	2750	DETACHD
17625 WOODHURST PL	$1,648,000	5	4.1	4513	DETACHD
4311 UPPER DR	$1,849,000	4	3.1	5051	DETACHD
14383 FOSBERG RD	$2,250,000	4	3.1	4543	DETACHD
14050 GOODALL RD	$2,450,000	5	4.2	6943	DETACHD

PENDING Feb 26-Mar 3, 2024

Address	List Price	Beds	Baths	SF	Prop Type	Days
750 1ST ST, C-16	$349,995	2	2	1350	CONDO	157
4516 LOWER DRb B4	$575,000	3	2.1	1997	CONDO	17
3485 DEVONSHIRE DR	$624,950	3	2	1556	ATTACHD	32
5 PHEASANT RUN	$634,900	3	2	1420	DETACHD	121
31 PARTRIDGE LN	$749,900	4	3	3158	DETACHD	5
17 SPINOSA	$750,000	3	2	3123	DETACHD	12
5995 SHAKESPEARE ST	$899,999	3	3	2600	DETACHD	47
3814 RIVERS EDGE DR	$969,000	4	2.1	2937	DETACHD	35
16084 WHITE OAKS DR	$975,000	4	2.1	2226	DETACHD	12
5228 COVENTRY CT	$975,000	4	2.1	2382	DETACHD	1
363 3RD ST	$1,015,000	3	3.1	2112	ATTACHD	9
13265 FOX RUN	$1,089,000	4	2.1	2614	DETACHD	8
1131 DEVON LN	$1,275,000	4	3.1	3697	DETACHD	2
3721 UPPER DR	$1,500,000	4	2.1	3249	DETACHD	297
2711 GREENTREE RD	$1,749,000	5	3.1	3315	DETACHD	48
4355 HAVEN ST	$1,899,900	4	4.1	3211	DETACHD	96
17485 CARDINAL DR	$2,590,000	4	3.1	3307	DETACHD	4

SOLD Feb 26-Mar 3, 2024

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
205 / Main	$275,000	$195,000	2	1.1	1216	CONDO	207
85 GALEN ST / Grnd	$289,900	$278,000	2	2	989	CONDO	113
4333 SILVER CT	$515,000	$515,000	3	2.1	1902	CONDO	7
16184 LAKE FOREST BLVD	$510,000	$520,000	3	1	1342	DETACHD	8
121 TOUCHSTONE TER	$560,000	$560,000	3	2.1	1964	ATTACHD	4
7 PEACOCK PL	$579,000	$570,000	3	2.1	1388	DETACHD	104
18667 SW BENFIELD AVE	$709,900	$690,000	4	2	1414	DETACHD	2
31 CHURCHILL DOWNS	$775,000	$775,000	6	4.1	3794	DETACHD	146
2255 GLEN HAVEN RD	$1,069,000	$800,000	3	3	2814	DETACHD	206
5554 ROYAL OAKS DR	$850,000	$830,000	3	2	1861	DETACHD	17
17890 ROYCE WAY	$1,000,000	$1,050,000	6	3	3108	DETACHD	3
674 1ST ST	$1,195,000	$1,124,500	2	2.1	2147	CONDO	173
4255 CHAD DR	$1,350,000	$1,250,000	4	3.1	3853	DETACHD	173