Lake Oswego truly is a beautiful place in the springtime.
It felt like winter hung on until exactly the first day of spring and then, bang! Spring burst forth. So many flowering trees, daffodils and tulip.
To me, spring speaks of optimism and rebirth. It is a reward for hard work and persevering. These photos are from my walk yesterday.
I honestly love every season: even the cold and shortened daylight of winter. Yet, spring has something special going for it. I hope that today you are able to enjoy some fresh air and to see the beauty and splendor that is all around us.
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.
Lake Oswego makes itself available in terms of opening up to visitors in meetings of all kinds in it’s community approach to tackling the issues that are important to us all. There is so much going on in Lake Oswego and in our own lives that sometimes it’s hard to keep up! Never fear~ If you are interested in a particular issue and are not able to attend a meeting, or want to attend any number of virtual meetings, you can always check in online, or watch it later on repeat in the comfort of your own home. Here’s the Link! CLICK HERE
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
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) .
The City of Lake Oswego offers play opportunities for children ages 0-4. It’s an indoor program, so perfect no matter the weather. Activities that are offered include climbing, active playing, sensory toys and more. Parents and caregivers are required to stay and supervise their child.
There is a drop-in fee of $4 for the first child and $2 for each additional sibling. You can also buy a 15 visit punch pass for $40 or $70 for a second sibling.
The hours are Tuesday and Thursday 9am to 1pm. The program is held at Christ Church Parish, 1060 Chandler Rd. For more information, click here.
There are so many great things to do in LO, and this one is perfect for the youngest of us.
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.
I’m a walker. I try to walk at least 5 days a week and Lake Oswego has got some great paths for enjoying outdoor walks. This is just one of many.
For this walk I park my car at Hazelia Field at Luscher Farm along Stafford Road. The path is easy to find.
It is mostly asphalt, although there is a stretch of about 500 feet that is gravel.
The terrain is rolling hills, which I like. A little gentle up and a little gentle down makes for better exercise. This is an out-and-back walk. So you can go a little ways or a long ways. The path transitions into a path that is in West Linn, so you can take it for a very longs ways, if you want to.
A side benefit, if you are walking with a furry friend, is that it begins and ends at the off-leash dog park at Hazalia Field. From my experience, a tired dog is a good dog. Enjoy.
Last week in Lake Oswego there were 14 new listings. Of those, 6 sold very quickly and appear in this report as pending sales. Offers were accepted on 18 properties that are now in pending status, and there were 6 completed sales.
What struct me in compiling this report is how fast houses are selling. Of the houses that went pending, 9 sold in less than a week. This is a great time to put your house on the market!
New on the Market Feb 19-25, 2024
Address
Type
Price
Bedrooms
Baths
Sq Feet
4619 Lakeview Blvd
Condo
$282,900
1
1
753
16 Polonius St
Detached
$790,000
3
2.5
2588
363 3rd St
Attached
$1,015,000
3
3.5
2112
13265 Fox Run
Detached
$1,089,000
4
2.5
2614
1451 Greentree Cir
Detached
$1,195,000
4
3.5
2328
4079 Coltsfoot Ln
Detached
$1,399,000
4
4
3308
17485 Cardinal Dr
Detached
$2,590,000
4
3.5
3307
2101 Wembley Park
Detached
$3,100,000
5
4.5
5016
Pending Sales Feb 19-25 2024
92 Oswego Summit
Condo
$225,000
1
1
764
5
3103 McNary Pkwy #18
Attached
$399,000
3
2.5
1884
3
750 1st St #26
Condo
$425,000
2
2
1350
4
5498 Tree St
Detached
$525,000
3
1
1014
3
1682 Bonniebrae Dr
Attached
$585,000
4
2
1611
5
4 Garibaldi St
Detached
$699,000
3
2.5
2430
2
16902 Lower Meadows Dr
Detached
$700,000
3
2.5
1768
131
4736 Amherst Ct
Attached
$749,900
3
2.5
2929
25
14231 Edenberry Dr
Detached
$999,999
4
2.5
2936
5
125 3rd St
Condo
$1,200,000
2
2
1447
17
14257 Edenberry Dr
Detached
$1,245,000
3
2.5
3347
17
5406 Langford Ln
Detached
$1,279,000
3
2.5
3415
24
2107 Goodall Ct
Detached
$1,495,000
4
3
3029
12
1420 Morning Sky Ct
Detached
$1,529,900
4
3.5
3613
4
13571 Westlake Dr
Detached
$1,625,000
5
4.5
4079
16
1425 Maple St
Detached
$1,935,000
4
3.5
3583
19
19175 Pilkington Rd
Detached
$2,149,000
5
4
4129
36
755 Ellis Ave
Detached
$3,587,000
5
4.5
4966
94
Sold/Closed Feb 19-25, 2024
Address
Type
List Price
Closed Price
Sq Feet
CDOM
1221 Boca Ratan Dr
Attached
$550,000
$465,000
1812
246
1951 Greentree Rd
Detached
$599,900
$640,000
2449
4
740 Pebble Beach Ct
Detached
$1,050,000
$949,000
1745
132
18810 Stafford Rd
Detached
$999,000
$1,275,000
1884
3
4039 Canal Woods Ct
Detached
$1,450,000
$1,412,500
4178
29
4200 Old Gate Rd
Detached
$2,795,000
$2,600,000
4871
176
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.
