Lake Oswego has a very special book store, The Booktique. Founded in 1991 by Friends of the Lake Oswego Public Library, it supports library programs such as Lake Oswego reads, the summer reading program, books for babies and more. In 2016 it was chosen by The Oregonian as one of the 10 best bookstores in the Portland area.
Books come from the library itself, but most are donated. Books must be in good condition. You can donate one box or two bags of books per week. With two locations, you can shop in person or on-line. The average inventory is 15,000 books in every subject imaginable. They also offer LPs, CDs, and Blue-Ray.
The money raised is not a replacement of library support from government funds. Rather it is an enhancement to those funds to allow the library to offer more services to the community.
The two locations are 380 A Ave, Suite B and 4 Monroe Parkway Suite D. For store hours and to shop on-line, click here.
I use the library quite a lot. I hope you have found this information useful. And, as always, thank you for reading The Blotter.
Last week in Lake Oswego we had 6 new listings, 10 properties move to pending status, and 12 closed sales.
See below for RMLS data.
New on the Market Feb 27-Mar 5, 2023
Address
Type
Price
Bedrooms
Baths
Sq Feet
204 Cervantes
Condo
$360,000
3
1
1138
200 Burnham Rd #303
Condo
$369,000
2
1
1185
18400 Indian Creek Dr
Detached
$825,000
4
3
1736
2025 Wembley Park Rd
Detached
$1,249,900
3
2.5
2901
17649 Woodhurst Pl
Detached
$1,550,000
5
4.5
5669
1611 Leslie Ln
Detached
$4,450,000
5
5.5+.5
6979
Pending Sales Feb 27-Mar 5, 2023
Address
Type
Price
Bedrooms
Baths
Sq Feet
DOM
44 Eagle Crest Dr #23
Condo
$229,900
1
1
798
44
219 Cervantes
Condo
$320,000
2
2
1100
110
5133 Timbergrove St
Detached
$649,900
3
2
1440
11
1206 Cedar St
Detached
$725,000
3
1.5
1426
15
49 Da Vinci St
Detached
$840,000
3
2
2351
24
1805 Headlee Ln
Detached
$850,000
2
2
2388
7
16932 Greentree Ave
Detached
$899,000
4
3
3440
7
19863 Sycamore Ave
Detached
$1,050,000
4
3
2961
7
2485 Greentree Rd
Detached
$2,199,900
4
4
3853
186
17435 Wren Ct
Detached
$3,695,000
4
4.5
4134
52
Sold/Closed Feb 27-Mar 5, 2023
Address
Type
List Price
Closed Price
Sq Feet
CDOM
47 Eagle Crest Dr #18
Condo
$249,999
$249,999
932
12
200 Burnham Rd #304
Condo
$365,000
$358,000
1305
6
12826 Boones Ferry Rd
Condo
$464,900
$450,000
1182
192
20 Wheatherstone
Condo
$479,000
$485,000
1692
154
16 Hotspur St
Detached
$799,000
$772,000
2335
5
17808 Cardinal Pl
Detached
$899,000
$975,000
2008
5
757 C Ave
Detached
$1,499, 000
$1,243,000
2948
76
13052 Knaus Rd
Detached
$1,400,000
$1,375,000
3026
23
18975 Olson Ave
Detached
$1,850,000
$1,668,000
3569
144
852 E Ave
Detached
$1,850,000
$1,979,000
2839
109
4938 Park Bluff Pl
Detached
$2,495,000
$2,470,050
4046
167
3917 Southshore Blvd
Detached
$5,200,000
$4,925,000
5083
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.
Here are my picks for what to do this week in Lake Oswego, either online or in person:
Mon, Mar 6, 2023 – 6-7:30 PM– McVey/Stafford Corridor Vision Study-Virtual Presentation – This busy location in Palisades has received lots of input as to how to best change things to move people and traffic more effectively and safely. It’s such an important area of Lake Oswego- Tune in for the Zoom presentation Monday night. – For More Info & Zoom Link: CLICK HERE
Tues, Mar 7, 2023 – 6:00PM-7:00PM – First Tuesday Music ~ Overbridge Jazz Band – Lake Oswego Library presents these great local jazz musicians (Tyler Waltner on saxophone, Riley Harris on piano, Luke Hendrickson on bass, and Anderson Donley on drums) who are keeping the music of Miles Davis, Louis Armstrong and more alive! Described as “horn heavy swing, bebop, and Latin tunes”, the Library will be hoppin’ Tuesday night! – Lake Oswego Library, 706 4th St, Lake Oswego More Info: CLICK HERE
Wed, Mar 8, 2023 – 10:00-11:30AM – Geneology Interest Group~ Meet in person or online on the 2nd Wed of each month with others interested in geneology research.505 G Ave – More Info + Link:CLICK HERE
Thurs, Mar 9, 2023 – 10:00-11:00AM–Scams & Frauds – Lake Oswego Police Presentation ~ In-person at the ACC – Scammers are trying to steal your money and information. Let Lake Oswego Police arm you with some great tips & resources. ~ACC, 505 G Ave, Lake Oswego- More Info:CLICK HERE
Fri, Mar 10, 2023 – 7:00-9:00PM –Living Well Dance – featuring the Millennium Dance Band ~ Come dance! Dance music as performed by the “Big Bands” of the 1930’s, 40’s, and 50’s, with an occasional ballroom favorite. $7.00 at the door ~ CCP, 1060 Chandler Rd. – All ages are invited (14 and under w/an adult) – More Info:CLICK HERE
Sat, Mar 11, 2023 – 9:00-11:00AM– Stewardship Work Party at Springbrook Park- Bring some gloves, water & closed-toed shoes to join Friends of Springbrook Park in caring for the shaded fuel break along park and private property in these 52 natural acres. – 2055 Wembley Park Rd. Behind Uplands Elem. (playground by park kiosk) More Info :CLICK HERE
Sun, Mar 12, 2022 -A Bookish Affair (Online)- 11:00AM-12:00PM – Open to all devotees of romance & happily-ever-after! Book Club focusing on diverse voices & every kind of love story. ~ More Info + Links & Registration:CLICK HERE
Last week Lake Oswego had 13 properties enter the market, 4 move to Pending/Accepted Offer status, and 6 Closed/Sold. Right now in Lake Oswego there are 110 properties available ranging from $176,900 to $9.9 mil.
Here is the breakdown according to RMLS:
NEW Feb 20-26, 2023
Address
List Price
Beds
Baths
SF
Prop Type
16240 PARKER RD
$729,000
3
2
1454
DETACHD
1805 Headlee LN
$850,000
2
2
2388
DETACHD
18451 WAXWING ST
$975,000
4
2.1
2730
DETACHD
19863 SYCAMORE AVE
$1,050,000
4
3
2961
DETACHD
3131 WESTVIEW CT
$1,750,000
4
4.1
4597
DETACHD
15880 OSWEGO SHORE CT
$2,225,000
5
3.1
3977
DETACHD
13310 ATWATER LN
$2,350,000
5
4
5697
DETACHD
2101 GOODALL CT
$2,795,000
4
4.1
4290
DETACHD
3610 EENA RD
$3,480,000
5
4.1
4128
DETACHD
4200 OLD GATE RD
$3,500,000
5
4.1
4734
DETACHD
13560 GOODALL RD
$3,699,000
4
4.2
5310
DETACHD
17952 CARDINAL DR
$3,849,900
5
3.2
4588
DETACHD
13580 GOODALL RD
$3,899,000
4
4.1
4780
DETACHD
PENDING Feb 20-26, 2023
Address
List Price
Beds
Baths
Total SF
Prop Type
Days
48 EAGLE CREST DR, #5F
$300,000
2
2
1370
CONDO
5
18451 WAXWING ST
$975,000
4
2.1
2730
DETACHD
2
2481 MARYLSHIRE LN
$1,495,900
6
4
4091
DETACHD
14
13151 THOMA RD
$3,799,900
5
5.1
5461
DETACHD
208
SOLD Feb 20-26, 2023
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
3808 BOTTICELLI ST, Grnd
$349,500
$365,000
3
2
1224
CONDO
28
19019 TERRY AVE
$674,900
$670,000
3
2
1344
DETACHD
3
1248 LARCH ST
$750,000
$819,500
4
2
2347
DETACHD
15
6545 CHILDS RD
$1,199,900
$1,130,000
6
4.1
3508
DETACHD
6
573 2ND ST, Upper
$1,200,000
$1,158,000
2
2.1
1659
CONDO
5
1956 HIGHLANDS LOOP
$2,750,000
$2,910,000
5
4.1
4641
DETACHD
9
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) .
If you pay attention to the news at all, you likely are aware that there has been a major winter storm crossing the United States for the last couple of days. So, yes, LO got snow. At my house I think I got 3-4 inches. A beautiful dusting but not so much that it lead to power outages or tree fall. Really beautiful.
Some parts of the metro area got much more. In Portland they got 11 inches. My good friend in Hillsboro got 10 inches.
When I am showing houses and people ask me about snow, I always tell them the importance of 500 feet. We don’t get a lot of snow. We get a dusting that doesn’t stick a few times each winter, but snow lasting on the ground does not happen every year. And when it does, it melts after a few days. The difference is when you live higher than 500 feet in elevation. Above 500 feet you will get a lot more snow. the stuff that dusts the valley floor and doesn’t stick will stick above 500 feet. Something to bear in mind when house hunting.
You should also know that even 3-4 inches will shut down the entire metro area. Other parts of the country live with much heavier snowfall with no consequences. Here in the Portland area we have many hills and sloped, even steep, roads. Those are treacherous when it snows. And the snowfall is infrequent enough that people are ill equipped with vehicles and tires that can’t maneuver in the snow.
I drive a Subaru. I will show houses even in heavy snow. It’s very empowering!
Most folks in the Portland area look forward to snow day. It’s a little holiday in our hectic lives. We know that we can have a cup of tea and enjoy the winter wonderland.
Last week in Lake Oswego we had 10 new listings, 6 homes move to pending status, and 6 closed/sold properties. That feels a little flat to me. It is a slight up tick in new listings, but I would have anticipated more pending and sold properties.
The average length of time that a property is in escrow is about 30 days. So I think back to January 13-19, still pretty early in the New Year, the wind down from the Holidays, just a slower time for the real estate market. That reflects directly onto our closed transactions for last week.
I still feel that the spring market will be strong. Time will tell.
See below for RMLS data.
New Listings Feb 13-19, 2023
Address
Type
Price
Bedrooms
Baths
Sq Feet
4 Touchstone Dr #151
Condo
$224,900
3
2.5
1351
5133 Timbergrove St
Detached
$649,900
3
2
1440
1206 Cedar St
Detached
$775,000
3
1.5
1426
13379 Thoma Rd
Detached
$999,500
4
2.5
2594
1437 Greentree Circle
Detached
$1,025,000
4
3
2395
1215 Cedar St
Detached
$1,150,000
2
3
3236
16800 Lakeridge Dr
Detached
$1,290,000
4
3
2416
3875 Carman Dr
Detached
$1,395,000
4
4.5
3817
980 Lund St
Detached
$1,725,000
4
3.5
3098
17104 Canal Circle
Detached
$2,350,000
4
3.5
3473
Pending Sales Feb 13-19, 2023
Address
Type
Price
Bedrooms
Baths
Sq Feet
DOM
30 Crestfield Ct #20
Condo
$339,000
2
2
989
11
200 Burnham Rd #304
Condo
$365,000
2
2
1305
6
1731 Aspen Ct
Detached
$619,000
3
2
1440
4
1448 Greentree Circle
Detached
$945,000
4
2.5
2649
24
24 Grouse Terr
Detached
$1,200,000
5
3.5
3673
16
4983 Park Bluff Pl
Detached
$2,349,500
4
3.5
4088
239
Sold/Closed Feb 13-19, 2023
Address
Type
List Price
Sold Price
Sq Feet
CDOM
86 Kingsgate Rd #63
Condo
$370,000
$265,000
849
156
16250 Pacific Hwy #81
Condo
$338,000
$315,000
841
99
18350 Pilkington Rd
Detached
$565,000
$605,000
1290
2
1600 Aspen St
Detached
$575,000
$650,000
2212
19
2845 Vale Ct
Detached
$900,000
$820,000
3157
101
17484 Bryant Rd
Detached
$1,825,000
$1,590,000
3615
129
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
Inventory has risen again which is a hopeful sign for 2023. Though we show some activity decreases from last January, we’re rising in New & Pending Sales over December. Prices took a hit during December as Sellers looked to secure Buyers toward the end of the year. Time will tell how prices will be affected as the year progresses, but all signs on the street are of a heating market even in these cold temperatures with Buyers out making offers, & sometimes competing, which can move prices higher. NAR is predicting lower rates this year. So, essentially, there is a promising waft in the air with prices stabilizing somewhat and Buyers moving on with their lives.
Rates: “We have seen upward pressure on rates with inflation data coming in higher than expected, but thankfully no big move with rates staying in the lower 6% range.” Gary Boyer, Regional VP, Directors Mortgage
According to the RMLS Market Action Report for the Portland Metro Area-Jan 2023:
There were 1,938 New Listings in Jan– down 16% from 2,307 in Jan 2022 and up 80.6% from the previous month/Dec’s 1,073.
At 1,088 Jan 2023’s Closed Sales (Solds) are down 41.3% from Jan 2022’s 1,853, and decreased 25.7% from the previous month/Dec 2022’s total of 1,464.
At 1,771 Jan 2023’s Pending Sales (accepted Offers) are down 22.6% from Jan 2022’s 2,287, and rose 46.8% from the previous month/Dec’s total of 1,206.
The Average Sale Price for January 2023 of, $532,900 is down $53,700 from last year/Jan 2022’s $586,600, and down $33,800 from the previous month/Dec’s $566,700.
The “Median” Sale Price (the price smack dab in the middle of all sales) in January 2023 of $489,500 dropped $22,500 from Jan 2022’s $512,000, and down $18,000 from December 2022.
NEIGHBORHOODS/AREAS OF PORTLAND:
LAKE OSWEGO (January 2023):
132 Active Listings (Dec 142) 81 New Listings (Dec 40) 75 Pending Sales (Dec 35) 38 Closed Sales (Dec 59) Average Sale Price for Nov: $1,005,400 (Dec $820,200) 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. 58 Days on the Market (Dec 58)
Last week there were a trio of 9’s… 9 properties entering the market, 9 moving to Pending status and 9 that Sold/Closed. There are currently 87 homes available in Lake Oswego ranging from $176,900– to $9.9 mil.
NEW Feb 6-12, 2023
Address
List Price
Beds
Baths
SF
Prop Type
100 KERR PKWY #30
$176,900
1
1
617
CONDO
237 CERVANTES #19
$315,000
2
1.1
1216
CONDO
30 CRESTFIELD CT #30
$339,000
2
2
989
CONDO
200 BURNHAM RD #304
$365,000
2
2
1305
CONDO
14428 HOLLY SPRINGS RD
$650,000
3
2.1
1372
CONDO
1714 GREENTREE RD
$979,000
4
3
3110
DETACHD
2481 MARYLSHIRE LN
$1,495,900
6
4
4091
DETACHD
2886 UPPER DR
$1,649,900
4
3
2674
DETACHD
17627 KELOK RD
$2,995,000
4
3
4024
DETACHD
PENDING Feb 6-12, 2023
Address
List Price
Beds
Baths
SF
Prop Type
Days
14428 HOLLY SPRINGS RD
$650,000
3
2.1
1372
CONDO
2
19211 INDIAN SPRINGS RD
$759,000
4
3
2132
DETACHD
18
23 AQUINAS ST
$775,000
4
2.1
1840
DETACHD
10
17808 CARDINAL PL
$899,000
3
2
2008
DETACHD
5
757 C AVE
$1,299,900
4
3
2948
DETACHD
76
15791 TWIN FIR RD
$1,699,500
4
3.1
4035
DETACHD
197
2671 GLEN EAGLES RD
$1,795,000
3
3
4014
DETACHD
274
15784 TWIN FIR RD
$1,990,900
3
2.1
3471
DETACHD
5
3220 SOUTHSHORE BLVD
$2,490,000
2
3
3462
DETACHD
160
SOLD Feb 6-12, 2023
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
210 S STATE ST #5
$365,000
$345,000
2
1
1339
CONDO
70
30 CONDOLEA DR / Main
$450,000
$460,000
2
2
1420
CONDO
27
258 CERVANTES
$559,900
$560,000
3
2.1
2312
ATTACHD
3
15684 BOONES WAY
$815,000
$789,000
3
2.1
2425
DETACHD
97
3195 EDGEMONT RD
$975,000
$975,000
3
2
1858
DETACHD
4
913 SUNNY HILL DR
$1,250,000
$1,250,000
6
3.1
4196
DETACHD
7
789 E AVE
$1,899,900
$1,999,000
3
2.1
2733
DETACHD
4
17688 UPPER CHERRY LN
$2,850,000
$2,500,000
4
3.1
5040
DETACHD
67
17627 KELOK RD
$2,995,000
$2,995,000
4
3
4024
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 (***We’ve used “Days” in each category for ease of understanding) .
Believe it or not, pickleball has been a hot bed of controversy for the last year or so in Lake Oswego. It has been played at George Roger’s Park for several years. It’s super popular and engages people of all ages. That popularity meant that the courts were used quite a lot. The noise of the game play bothered the residents in the neighborhood. It really bothered them. In January the Lake Oswego City Council voted to permanently close the courts at George Roger’s Park.
What is going to happen now?
In the same city council meeting that closed the courts at George Roger’s Park, the city council ordered Lake Oswego Parks and Recreation to explore converting the tennis courts at Westlake Park into Pickleball Courts. This process is expected to take about 10 months.
In the mean time, a local business owner is stepping up. Kent and Jami Drangsholt, owners of At the Garages Live Music Venue Eatery & Taphouse, are installing 2 full-sized Pickleball courts and 2 smaller, “dink” courts. Use of the courts will require a monthly membership, which is not ideal for everyone, however, I think the venue will be fun because along with Pickleball, people will be able to grab a bite to eat and to enjoy live music. I think it’s an attractive alternative while the community waits for the development of the courts at Westlake Park.
Lake Oswego does have a Pickleball Club. If you want to have the latest updates on Pickleball in Lake Oswego, this is a good place to start. For access to club information, click here.
I hope you have found this information to be helpful. As always, thanks for reading the blotter.
The market was rather quiet in Lake Oswego last week. There were 10 new listings, 3 of which sold quickly and are reflected here as pending sales, 13 pending sales and 4 closed sales.
I expect the market to really kick into gear the week after the super bowl. That is, in my experience, a very big week in real estate.
See below for RMLS data.
New Listings Jan 30-Feb 5, 2023
Address
Type
Price
Bedrooms
Baths
Sq Feet
23 Aquinas St
Detached
$775,000
4
2.5
1840
4997 Mulholland Dr
Detached
$829,900
2
2.5
2468
13594 Blazer Trail
Detached
$895,000
3
2
1996
24 Grouse Terrace
Detached
$1,200,000
5
3.5
3673
21 D Ave #11
Condo
$1,665,600
2
2.5
1980
21 D Ave #15
Condo
$1,769,600
2
2.5
2094
21 D Ave #10
Condo
$1,802,400
2
2.5
2065
Pending Sales Jan 30-Feb 5, 2023
Address
Type
Price
Bedrooms
Baths
Sq Feet
DOM
47 Eagle Crest Dr #18
Condo
$249,999
2
1
932
12
44 Eagle Crest Dr #24
Condo
$265,000
3
2
1085
5
30 Condolea Dr
Condo
$450,000
2
2
1420
27
1600 Aspen St
Detached
$575,000
3
2.5
2212
5
668 McVey Ave #57
Condo
$650,000
3
1.5
992
0
16061 Waluga Dr
Detached
$660,000
1
1
676
4
573 2nd St
Condo
$1,200,000
2
2.5
1659
15
17390 Grandview Ct
Detached
$1,450,000
4
4.5+.5
4502
8
776 Carrera Ln
Detached
$1,499,000
4
3
3449
28
18975 Olson Ave
Detached
$1,668,000
5
3
3569
144
1745 Mapleleaf Rd
Detached
$1,699,900
5
3.5
3661
100
16515 Inverurie Rd
Detached
$1,879,900
5
3.5
3490
3
1956 Highlands Loop
Detached
$2,750,000
5
4.5
4641
5
Sold/Closed Jan 30-Feb 5, 2023
Address
Type
List Price
Closed Price
Sq Feet
DOM
16 Summit Ridge Ct
Condo
$485,000
$454,900
1576
93
17920 Meadowlark Ln
Detached
$1,250,000
$1,168,500
2758
78
3900 Canal Rd
Detached
$1,850,000
$1,650,000
4934
0
4241 Cobb Way
Detached
$1,949,000
$1,949,000
3292
26
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.
