You work hard. Enjoy this Labor Day weekend! You are appreciated.
Time to Celebrate!!!
Market Activity ~ Aug 22-28, 2022
Last week Lake Oswego saw 14 properties enter the market, 11 move to Pending status, and 16 Closed/Sold. Right now there are 125 homes available in Lake Oswego ranging from $245,000 to 11.5 mil.
Here is the breakdown according to RMLS:
NEW Aug 22-28, 2022
| Address | List Price | Beds | Baths | SF | Prop Type |
| 360 CERVANTES CIR | $240,000 | 2 | 1 | 832 | CONDO |
| 4266 WOODSIDE CIR | $519,999 | 4 | 2 | 1944 | ATTACHD |
| 136 TOUCHSTONE TER | $630,000 | 3 | 2.1 | 1996 | DETACHD |
| 10 MOUNTAIN CIR | $639,000 | 3 | 2 | 1434 | ATTACHD |
| 18 PARTRIDGE LN | $780,000 | 4 | 3 | 3145 | DETACHD |
| 1620 ASPEN ST | $785,000 | 4 | 3 | 2284 | DETACHD |
| 1202 SPRUCE ST | $850,000 | 2 | 2.1 | 1706 | DETACHD |
| 4137 ORCHARD WAY | $1,175,000 | 5 | 2.1 | 3680 | DETACHD |
| 5786 WASHINGTON CT | $1,199,000 | 4 | 3 | 3186 | DETACHD |
| 4410 LORDS LN | $1,485,000 | 5 | 3.1 | 3499 | DETACHD |
| 1261 WELLS ST | $1,750,000 | 4 | 3.1 | 4316 | DETACHD |
| 17261 KELOK RD | $2,000,000 | 4 | 3.1 | 3450 | DETACHD |
| 718 MAPLE ST | $2,295,000 | 3 | 2.1 | 4023 | DETACHD |
| 17226 CHAPIN WAY | $2,600,000 | 4 | 3.1 | 4930 | DETACHD |
PENDING Aug 22-28, 2022
| Address | List Price | Beds | Baths | SF | Prop Type | Days |
| 200 BURNHAM RD #103 | $425,900 | 1 | 1 | 765 | CONDO | 11 |
| 20 WHEATHERSTONE | $479,900 | 3 | 2.1 | 1692 | CONDO | 7 |
| 14402 SHERBROOK PL | $649,999 | 3 | 2.1 | 1976 | DETACHD | 7 |
| 1620 ASPEN ST | $785,000 | 4 | 3 | 2284 | DETACHD | 3 |
| 7200 CHILDS RD | $950,000 | 4 | 4 | 2660 | DETACHD | 11 |
| 890 C AVE | $1,275,000 | 3 | 2.1 | 2596 | DETACHD | 11 |
| 13504 STREAMSIDE DR | $1,279,000 | 4 | 2.1 | 3486 | DETACHD | 72 |
| 542 4TH ST | $1,549,000 | 4 | 4.2 | 3376 | ATTACHD | 19 |
| 1991 RIDGEWOOD RD | $1,550,000 | 4 | 2.2 | 4993 | DETACHD | 19 |
| 17226 CHAPIN WAY | $2,600,000 | 4 | 3.1 | 4930 | DETACHD | 1 |
| 707 LAKE SHORE RD | $2,950,000 | 3 | 3.1 | 2992 | DETACHD | 64 |
SOLD Aug 22-28, 2022
| Address | Opening | Closed | Beds | Baths | SF | Prop Type | Days |
| 4405 THUNDER VISTA LN | $467,500 | $435,000 | 2 | 2.1 | 1922 | CONDO | 92 |
| 5054 FOOTHILLS DR, #70F | $485,000 | $448,000 | 2 | 2 | 1252 | CONDO | 24 |
| 4268 WOODSIDE CIR | $589,900 | $560,000 | 4 | 2 | 1944 | ATTACHD | 33 |
| 5342 RED LEAF ST | $599,000 | $570,000 | 3 | 2.1 | 1710 | DETACHD | 29 |
| 16532 SW Mellon AVE | $625,000 | $625,000 | 4 | 1.1 | 1760 | DETACHD | 5 |
| 14332 SHERBROOK PL | $689,900 | $645,000 | 3 | 2.1 | 1770 | DETACHD | 18 |
| 1765 CONIFER DR | $785,000 | $749,000 | 4 | 2 | 2334 | DETACHD | 16 |
| 39 TANGLEWOOD DR | $899,000 | $922,000 | 4 | 3 | 3167 | DETACHD | 4 |
| 347 6TH ST | $1,050,000 | $1,175,000 | 3 | 3.1 | 2360 | ATTACHD | 3 |
| 14760 UPLANDS DR | $999,000 | $1,200,000 | 4 | 3 | 2772 | DETACHD | 6 |
| 1455 NELSON CT | $1,149,000 | $1,245,000 | 4 | 2.1 | 2210 | DETACHD | 14 |
| 3151 ALBER SPRING CT | $1,375,000 | $1,400,000 | 5 | 3.1 | 3917 | DETACHD | 1 |
| 1839 PALISADES LAKE CT | $1,599,900 | $1,500,000 | 4 | 3.1 | 4570 | DETACHD | 43 |
| 13740 KNAUS RD | $1,895,000 | $1,845,000 | 4 | 3.1 | 4459 | DETACHD | 36 |
| 17261 KELOK RD | $2,000,000 | $2,000,000 | 4 | 3.1 | 3450 | DETACHD | 0 |
| 2088 CREST DR | $7,250,000 | $6,900,000 | 4 | 6.1 | 8259 | DETACHD | 80 |
Market Activity August 15-21, 2022
Last week remained strong but with slightly fewer new listings and sales. This is pretty typical for the winding down of summer and vacation time. After school starts I think it will pick up again.
In Lake Oswego there were 16 new listings, 5 of which sold quickly and are listed here with pending status, 14 properties that went pending, and 18 closed sales.
See below for RMLS data.
New Listings August 15-21, 2022
| Address | Type | Price | BR | Bath | Sq Feet |
| 200 Burnham Rd #103 | Condo | $425,900 | 1 | 1 | 765 |
| 1755 Mapleleaf Rd | Detached | $789,000 | 3 | 2.5 | 2123 |
| 1265 Rockinghorse Ln | Detached | $875,000 | 4 | 3 | 2452 |
| 17291 Cedar Rd | Detached | $1,199,999 | 5 | 4.5 | 2872 |
| 2211 Fernwood Cir | Detached | $1,595,000 | 5 | 3 | 3431 |
| 13659 Westlake Dr | Detached | $1,625,000 | 4 | 3.5 | 4422 |
| 15784 Twin Fir Rd | Detached | $2,200,000 | 3 | 2.5 | 3471 |
| 14381 Fosberg Rd | Detached | $2,400,000 | 4 | 3.5 | 5028 |
| 1625 Cloverleaf Rd | Detached | $2,495,000 | 4 | 3.5 | 3853 |
| 16511 Maple Cir | Detached | $3,800,000 | 4 | 3.5 | 3356 |
| 3142 Lakeview Blvd | Detached | $8,000,000 | 4 | 5 | 5554 |
Pending Sales August 15-21, 2022
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 4 Touchstone #95 | Condo | $219,900 | 2 | 2 | 984 | 5 |
| 45 Oswego Summit | Condo | $240,000 | 1 | 1 | 764 | 4 |
| 168 Oswego Summit | Condo | $315,000 | 2 | 2 | 1383 | 29 |
| 12822 Boones Ferry Rd | Condo | $465,000 | 2 | 2.5 | 1136 | 70 |
| 4 Wheatherstone | Condo | $509,950 | 3 | 2.5 | 1692 | 41 |
| 1000 Bickner St | Detached | $635,000 | 3 | 2.5 | 1988 | 3 |
| 5297 Centerwood St | Detached | $655,000 | 3 | 2 | 1746 | 3 |
| 2190 Fernwood Cir | Detached | $735,000 | 5 | 3 | 2507 | 3 |
| 5557 Langford Ln | Detached | $839,000 | 2 | 2 | 1539 | 15 |
| 5490 Royal Oaks Dr | Detached | $967,500 | 3 | 2 | 1768 | 7 |
| 1571 Highlands Dr | Detached | $989,000 | 5 | 3 | 3000 | 3 |
| 12886 Sierra Ct | Detached | $1,085,000 | 4 | 3 | 3188 | 2 |
| 33 Westridge Dr | Detached | $1,150,000 | 5 | 3.5 | 3864 | 0 |
| 5677 Charles Cir | Detached | $1,225,000 | 4 | 2.5 | 2962 | 7 |
Sold Properties August 15-21, 2022
| Address | Type | List Price | Sold Price | Sq Feet | DOM |
| 4000 Carman Dr D51 | Condo | $314,900 | $314,900 | 885 | 7 |
| 86 Kingsgate Rd H104 | Condo | $355,000 | $315,000 | 840 | 37 |
| 5970 Kennycroft Way | Detached | $650,000 | $592,000 | 1212 | 81 |
| 16875 Fernwood Dr | Detached | $780,000 | $750,000 | 2460 | 28 |
| 1435 Ash St | Detached | $799,900 | $800,000 | 2,532 | 18 |
| 2062 Cedar Ct | Detached | $785,000 | $820,000 | 1800 | 1 |
| 7 Da Vinci St | Detached | $850,000 | $830,000 | 2631 | 17 |
| 23 Da Vinci St | Detached | $839,000 | $850,000 | 2063 | 3 |
| 19395 35th Ct | Detached | $849,900 | $875,000 | 2385 | 3 |
| 19330 River Run Dr | Detached | $995,000 | $985,000 | 3955 | 57 |
| 14 Churchill Downs | Detached | $989,000 | $989,000 | 2062 | 5 |
| 327 3rd St | Attached | $999,000 | $1,011,000 | 2123 | 4 |
| 4121 Wolf Berry Ct | Detached | $975,000 | $1,050,000 | 2654 | 4 |
| 17865 Sarah Hill Ln | Detached | $1,099,950 | $1,110,000 | 2871 | 72 |
| 13330 Hidden Bay Ct | Detached | $1,149,000 | $1,225,000 | 3057 | 1 |
| 100 Leonard St 4-2 | Condo | $1,395,000 | $1,345,950 | 3137 | 68 |
| 767 10th St | Detached | $2,100,000 | $1,950,000 | 3900 | 303 |
| 5001 Park Bluff Pl | Detached | $2,200,000 | $2,200,000 | 4022 | 32 |
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.
The Realtor Code of Ethics
“Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of civilization.” These are the lofty words that open the Preamble of the Realtor Code of Ethics.
I have written about this topic before, but it was many years ago. It’s something I hold very dear and thought it would be a good time to revisit the information.
In 1908, when the National Association of Realtors was founded, real estate was very much the wild, wild West. Unregulated and without licensing requirements, there was a good deal of fraud and a ripe environment for con artists and Naredo wells. Edward Halsey, a chairperson in the NAR in 1908 said “We propose, if we can, to wipe out the riffraff that brings this business into disrepute.”
The Code of Ethics was first written in 1913. It is a living document that is changed and revised as times change. Along with the Preamble, it consists of 4 sections that also include Duties to Clients and Customers, Duties to the Public, and Duties to other Realtors. If I could sum it up simply, it requires that all Realtors be fair and honest in our dealings with all parties to a transaction.
I am really proud of the Code of Ethics. It truly does set a higher standard for my industry. All Realtors are required to take Code of Ethics training every two years. It is at the forefront of how I run by business and how I expect other Realtors to interact with myself and my clients.
Please know that when you are working with a Realtor, you are working with a professional bound to a higher standard.
July Numbers – Portland Real Estate Stats + LO
Overview/Fluctuations ~ Happy August! We’re seeing the market slow a bit, which is often a seasonal characteristic of the hot vacation weather and travel schedules, BUT, this year we’re also seeing things really pull back as a direct result of the overall economy in a good way…in a way that is creating more of a “normal” market where Buyers and Sellers each have their own leverage, and where negotiating on reasonable repair items and price is again “the norm”. Right on cue, more houses are going on the market (see Inventory). Anecdotal buzz goes right along with the data- Realtors seeing Buyers actually getting Offers accepted where they’ve been struggling till recently. The pace of upward push on pricing is easing, and all of this in time for inflation concerns to be lessening per recent headlines. Overall, the word on the street is and the stats show that Portland housing market is evening out some. Rates: “Rates have moderated along with inflation and are coming down to the lower 5’s at this time.” Gary Boyer, Regional VP, Directors Mortgage
According to the RMLS Market Action Report for the Portland Metro Area-July 2022:
- There were 3,763 New Listings in July 2022– down 11.8% from 4,267 in July 2021 and down 12.4% from the previous month/June’s 4,295.
- At 2,369 July 2022’s Closed Sales (Solds) are down 31.1% from July 2021’s 3,439, and down 18.1% from the previous month/June 2022’s total of 2,893.
- At 2,445 July 2022’s Pending Sales (accepted Offers) are down 27.1% from July 2021’s 3,354, and also down 4.6% from the previous month/June’s total of 2,563.
- The Average Sale Price in July 2022 of, $635,700 is up $42,600 from last year/July 2021’s $593,100, and up $2,400 from the previous month/June’s $633,300.
- The “Median” Sale Price (the price smack dab in the middle of all sales) in July 2022 of $566,000 rose from last year/July 2021’s $522,000 by $44,000, and is down $4,000 from the previous month’s $570,000.
LAKE OSWEGO (July 2022):
202 Active Listings (Jun 171)
169 New Listings (Jun 198)
111 Pending Sales (Jun 143)
119 Closed Sales (Jun 125)
Average Sale Price for July: $1,029,100 (Jun $1,035,500)
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.
15 Days on the Market (Jun 18)
Market Activity ~ Aug 8-14, 2022
Last week Lake Oswego saw 17 properties enter the market, 20 move to Pending status, and 12 Sold/Closed. Right now there are 245 homes available in Lake Oswego ranging from $245,000 to $11.5 mil.
Here is the breakdown:
NEW Aug 8-14, 2022
| Address | List Price | Beds | Baths | SF | Prop Type |
| 40 CRESTFIELD CT / Upper | $200,000 | 1 | 1 | 690 | CONDO |
| 4 TOUCHSTONE #95 | $219,900 | 2 | 2 | 984 | CONDO |
| 45 OSWEGO SMT / Lower | $240,000 | 1 | 1 | 764 | CONDO |
| 86 KINGSGATE RD #63 | $370,000 | 2 | 2 | 849 | CONDO |
| 605 ASH ST | $625,000 | 3 | 2 | 1528 | DETACHD |
| 5297 CENTERWOOD ST | $655,000 | 3 | 2 | 1746 | DETACHD |
| 18585 KRISTI WAY | $730,000 | 3 | 2 | 1266 | DETACHD |
| 18040 BELMORE AVE | $749,900 | 3 | 2 | 2077 | DETACHD |
| 19395 35TH CT | $849,900 | 3 | 3 | 2385 | DETACHD |
| 18591 WAXWING WAY | $885,000 | 3 | 2.1 | 2145 | DETACHD |
| 7200 CHILDS RD | $950,000 | 4 | 4 | 2660 | DETACHD |
| 5490 ROYAL OAKS DR | $967,500 | 3 | 2 | 1768 | DETACHD |
| 17377 MARJORIE AVE | $995,000 | 4 | 3 | 2651 | DETACHD |
| 17244 FERNWOOD DR | $1,150,000 | 4 | 2.1 | 2617 | DETACHD |
| 5677 CHARLES CIR | $1,225,000 | 4 | 2.1 | 2962 | DETACHD |
| 5904 BAY POINT DR | $1,250,000 | 5 | 2.1 | 3433 | DETACHD |
| 890 C AVE | $1,275,000 | 3 | 2.1 | 2596 | DETACHD |
PENDING Aug 8-14, 2022
| Address | List Price | Beds | Baths | Total SF | Prop Type | Days |
| 100 KERR PKWY #54 | $187,900 | 1 | 1 | 617 | CONDO | 94 |
| 40 CRESTFIELD CT | $200,000 | 1 | 1 | 690 | CONDO | 2 |
| 47 EAGLE CREST DR #24 | $224,900 | 1 | 1 | 672 | CONDO | 41 |
| 45 EAGLE CREST DR #415 | $240,000 | 2 | 1.1 | 1056 | CONDO | 45 |
| 122 OSWEGO SMT | $243,330 | 1 | 1 | 764 | CONDO | 7 |
| 200 BURNHAM RD #405 | $380,000 | 2 | 2 | 1328 | CONDO | 7 |
| 3930 CARMAN DR | $439,000 | 2 | 2.1 | 1146 | CONDO | 29 |
| 4 SUMMIT RIDGE CT | $499,900 | 2 | 2.1 | 1576 | ATTACHD | 4 |
| 6240 BURMA RD | $599,900 | 3 | 2 | 1724 | DETACHD | 64 |
| 5788 SW LANGFORD LN | $650,000 | 2 | 2 | 1598 | DETACHD | 14 |
| 15 MASARYK ST | $675,000 | 4 | 3 | 3864 | DETACHD | 31 |
| 5272 TREE ST | $799,900 | 3 | 3 | 1948 | DETACHD | 4 |
| 17721 OVERLOOK CIR | $890,000 | 4 | 2.1 | 3172 | DETACHD | 12 |
| 63 TOUCHSTONE | $899,900 | 4 | 3 | 3088 | DETACHD | 21 |
| 17095 REBECCA LN | $925,000 | 3 | 3 | 2379 | DETACHD | 7 |
| 14 CHURCHILL DOWNS | $989,000 | 3 | 2 | 2062 | DETACHD | 5 |
| 327 3RD ST | $999,000 | 3 | 3.1 | 2123 | ATTACHD | 4 |
| 17244 FERNWOOD DR | $1,150,000 | 4 | 2.1 | 2617 | DETACHD | 2 |
| 2600 DELLWOOD DR | $1,599,900 | 4 | 3 | 3690 | DETACHD | 314 |
| 17527 KELOK RD | $2,150,000 | 3 | 3 | 4664 | DETACHD | 10 |
SOLD Aug 8-14, 2022
| Address | Opening | Closed | Beds | Baths | SF | Prop Type | Days |
| 61 CHURCH ST | $240,000 | $247,000 | 2 | 1.1 | 1040 | ATTACHD | 3 |
| 4000 CARMAN DR #35 | $300,000 | $300,000 | 2 | 2 | 869 | CONDO | 5 |
| 47 EAGLE CREST DRb #53 | $299,000 | $302,500 | 3 | 1 | 1024 | CONDO | 10 |
| 16250 PACIFIC HWYb #69 | $387,000 | $387,000 | 2 | 2 | 1328 | CONDO | 5 |
| 13880 SUNDELEAF DR | $425,000 | $440,000 | 2 | 1 | 1048 | DETACHD | 3 |
| 1 ADAMS CT | $550,000 | $580,000 | 2 | 2 | 1456 | DETACHD | 4 |
| 700 LIVINGOOD LN | $799,950 | $770,000 | 4 | 2.1 | 2692 | DETACHD | 9 |
| 2020 WEMBLEY PARK RD | $775,000 | $810,200 | 3 | 2 | 1712 | DETACHD | 4 |
| 17755 OVERLOOK LN | $1,100,000 | $1,170,000 | 4 | 2.1 | 3198 | DETACHD | 6 |
| 13300 FOX RUN | $1,495,000 | $1,200,000 | 4 | 2.1 | 3234 | DETACHD | 74 |
| 873 COUNTRY COMMONS | $1,295,000 | $1,220,000 | 4 | 3 | 3609 | DETACHD | 60 |
| 14013 EDENBERRY CT | $1,495,000 | $1,565,000 | 4 | 2.1 | 3673 | DETACHD | 3 |
Moving and Packing Tips
As a Realtor, one of the most educational moments I ever experienced was when I sold my own home and moved with my family to Lake Oswego. We’d had our kids and lived in our prior home for 13 years. I was pretty clueless about how much more complicated our household and possessions had become. I put off packing until about a week before our move. It was a disaster! I was so pressed to get it done on time that I was literally just throwing stuff in boxes! Live and learn, right?
Here are some moving and packing tips that I hope you’ll find helpful:
Moving
- Start Early. See my comment above. Weeks, if not months, before your move start planning. It will be so much stressful. It will also help prepare your house for marketing.
- Get rid of stuff. As we live in our homes, we accumulate stuff. So much of it is neither wanted nor needed. Do you really want to take it with you? Do you want to spend money moving and packing this “stuff”? Get rid of it.
- Create a folder. This folder should contain addresses, moving or rental contracts, insurance information, perhaps an itemized list of what you are moving, anything you anticipate in the way of paperwork. Consider creating a hard-copy file. This will be vital if you loose battery charge on laptops or phones
- Book early. This helps in two ways: getting the best rates and being assured of availability. Especially in the spring and summer, the moving companies book at least several weeks in advance.
- Plan for utilities. This includes both shut off at your old place and start up in your new place. You do not want to be moving into the new house and not have electricity.
- Keep essentials with you. A day or two prior to moving pack your luggage: change of clothes, toiletries, etc. Just like when packing for a vacation. In addition, I recommend packing a box of cooking basics like a few plates, cups, bowls, utensils, These would be for an unexpected delay in the delivery of your household goods. Remember to plan for pets and medications.
Packing
- Invest in equipment. You’ll need boxes, packing tape, markers, paper towels, garbage bags. If you are moving yourself you’ll need a furniture dolly, furniture pads, tie-down strips and a truck loading ramp
- Use the right size boxes. The basic idea is the boxes need to be a weight that can be lifted without straining yourself. Heavy stuff in small boxes (books, etc.), light stuff in big boxes (linens, etc.).
- Heavy stuff on the bottom of the box. This will keep the heavy stuff from crushing the light stuff. It will also balance the weight of the box as boxes are stacked.
- Don’t leave empty space in the boxes. This will maximize the use of the packing materials, but empty spaces can allow the box to be crushed in transport.
- Avoid mixing items from different rooms. When unpacking it will take twice as long if you are running from room to room.
- Label each box with what room it is for and a list of the contents
- Tape the boxes well. You want a couple of strips across the seams at the bottom and the top, but then do two wraps completely around the box in two places around the top to the bottom and back up to the top again: all the way around.
- Take care of your art. You can purchase special boxes and crates for art. Don’t wrap oil paintings in packing paper; it may stick to the paint. Wrap art in bubble wrap. You can also wrap it in bubble wrap, box it, and then place in a second box padded by packing paper.
- Kitchen dishes. You can purchase special boxes and packaging for dishes and glasses. They make it all so much easier! If you do end up wrapping with boxes and backing paper try wrapping each piece and then bundling in groups of 4 to 5 pieces and wrapping those together as a bundle with packing paper. Consider packing plates on their sides rather than stacking. Get the boxes with cardboard dividers for glasses. The world of packing materials is pretty broad. Yes, it costs money, but think about the cost of replacing these items. Not to mention, as it is for me, the sadness it would bring to loose special pieces.
I want to give credit to realsimple.com where I got a good bit of guidance for this article.
As always, thank you for reading the blotter,
Dianne
Market Activity Aug 1-7, 2022
The numbers between new listings, pending sales, and sold properties remains fairly balanced, although slightly slower than the last time I did this report. In Lake Oswego last week we had 23 new listings, 5 of which sold quickly and are represented in this report as pending, 18 pending sales, and 13 closed listings.
For most of my real estate career market time has been 45-60 days. Pending sales last week averaged 25 days. That is healthy. Perhaps we are returning to historic normal?
See below for RMLS details
New Listings Aug 1-7, 2022
| Address | Type | Price | BR | Bath | Sq Feet |
| 122 Oswego Summit | Condo | $235,000 | 1 | 1 | 764 |
| 200 Burnham Rd #405 | Condo | $380,000 | 2 | 2 | 1328 |
| 16074 Lake Forest Blvd | Detached | $599,950 | 3 | 2 | 1354 |
| 19211 Indian Springs Rd | Detached | $825,000 | 4 | 2 | 2132 |
| 17615 Bryant Rd | Detached | $825,000 | 4 | 2 | 2110 |
| 5557 Langford Ln | Detached | $889,000 | 2 | 2 | 1539 |
| 17095 Rebecca Ln | Detached | $925,000 | 3 | 3 | 2379 |
| 4264 Harvey Way | Detached | $925,000 | 4 | 3 | 2728 |
| 327 3rd St | Attached | $999,000 | 3 | 3.5 | 2123 |
| 63 Garibaldi St | Detached | $1,450,000 | 3 | 3.5 | 4200 |
| 542 4th St | Attached | $1,549,000 | 4 | 4.5+.5 | 3376 |
| 1991 Ridgewood Rd | Detached | $1,550,000 | 4 | 2.5+.5 | 4993 |
| 17527 Kelok Rd | Detached | $2,150,000 | 3 | 3 | 4664 |
| 4956 Park Bluff Pl | Detached | $2,395,000 | 4 | 3.5 | 4074 |
| 4938 Park Bluff Pl | Detached | $2,495,000 | 4 | 4.5 | 4046 |
| 929 Cumberland Rd | Detached | $2,800,000 | 5 | 6.5 | 5095 |
| 13068 Knaus Rd | Detached | $3,289,000 | 5 | 5.5+.5+.5 | 6512 |
| 445 Northshore Rd | Detached | $3,499,000 | 3 | 3.5 | 3066 |
Pending Sales Aug 1-7, 2022
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 4 Touchstone #77 | Condo | $245,000 | 3 | 2.5 | 1351 | 8 |
| 4061 Jefferson Pkwy | Condo | $358,000 | 2 | 2.5 | 1462 | 152 |
| 4300 Botticelli St | Attached | $374,900 | 2 | 2.5 | 1721 | 42 |
| 5055 Foothills Dr G | Condo | $429,900 | $3 | 2 | 1252 | 2 |
| 5054 Foothills Dr 70F | Condo | $475,000 | 2 | 2 | 1252 | 24 |
| 5 Partridge Ln | Detached | $699,000 | 3 | 2.5 | 2794 | 25 |
| 439 Livingood Ln | Detached | $814,000 | 3 | 2.5 | 2540 | 6 |
| 4618 Auburn Ln | Attached | $895,000 | 3 | 3.5 | 2732 | 3 |
| 39 Tanglewood Dr | Detached | $899,000 | 4 | 3 | 3167 | 4 |
| 19 Touchstone | Detached | $899,000 | 4 | 3 | 2789 | 2 |
| 2 Yorick | Detached | $975,000 | 4 | 3.5 | 2979 | 3 |
| 346 Lake Bay Ct | Detached | $1,075,000 | 4 | 2.5 | 1900 | 3 |
| 4745 Dogwood Dr | Detached | $1,125,000 | 4 | 2.5 | 3887 | 23 |
| 3151 Alber Spring Ct | Detached | $1,375,000 | 5 | 3.5 | 3917 | 1 |
| 100 Leonard St 4-2 | Condo | $1,395,000 | 3 | 2.5 | 3137 | 68 |
| 5014 Upper Dr | Detached | $1,399,000 | 5 | 3 | 3416 | 22 |
| 767 10th St | Detached | $2,000,000 | 4 | 4.5 | 3900 | 50 |
| 162 Berwick Rd | Detached | $3,295,000 | 4 | 4.5 | 4657 | 6 |
Sold/Closed Aug 1-7, 2022
| Address | Type | List Price | Sold Price | Sq Feet | DOM |
| 3652 Spring Ln | Condo | $369,000 | $369,000 | 1117 | 11 |
| 5225 Jean Rd #207 | Condo | $410,000 | $385,000 | 1415 | 3 |
| 17 Da Vinci | Detached | $550,000 | $614,000 | 1876 | 5 |
| 100 Leonard St 3-4 | Condo | $699,000 | $695,000 | 1736 | 9 |
| 342 Livingood Ln | Detached | $738,000 | $738,000 | 2,384 | 5 |
| 13 Masaryk St | Detached | $799,000 | $790,000 | 2219 | 5 |
| 5115 Firwood Rd | Detached | $849,000 | $815,000 | 1660 | 25 |
| 4973 Parkhill St | Detached | $925,000 | $900,000 | 2230 | 23 |
| 139 Del Prado St | Detached | $1,150,000 | $1,132,500 | 2955 | 4 |
| 1535 Pine St | Detached | $1,150,000 | $1,150,000 | 2390 | 7 |
| 1736 Palisades Terrace Dr | Detached | $1,150,000 | $1,150,000 | 3079 | 30 |
| 15868 Parker Rd | Detached | $2,100,000 | $2,085,000 | 3679 | 30 |
| 17210 Cedar Rd | Detached | $2,785,000 | $2,775,000 | 3548 | 7 |
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.
This Week in Lake Oswego
This Week in Lake Oswego
Here are my picks for what to do this week in Lake Oswego, either online or in person:
Mon, Aug 8, 2022 – 6:30PM– Planning Commission (Zoom) ~ Learn what development is on the agenda in Lake Oswego – More Info & Registration: CLICK HERE
Tues, Aug 9, 2022 – 2:30PM-4:30PM – Slow Jam ~ This is an open jam to get together with other local musicians and enjoy playing music! ACC, 505 G Avenue – More Info & Registration: CLICK HERE
Wed, Aug 10, 2022 – 6:30PM-8:30PM – Precious Byrd / Concert Series~ Enjoy the summertime in Westlake Park with friends & family & this fabulous band of renown musicians featuring fresh renditions of modern and classic hits as well as original music. – More Info & Registration: CLICK HERE
Thurs, Aug 11, 2022 – 7:00PM-10:45PM –“Sing” – Movies in the Park ~ Bring your low sand chairs, blankets & pillows for an evening of fun. At 7PM Little Gym sponsors balloon twisting, face painting and more! ~ Westlake Park – More Info : CLICK HERE
Fri, Aug 12, 2022 – 7:00-8:00PM – Introduction to Investment Clubs (Zoom)~ Learn more about Investment Clubs, how they form & operate, from John Radford, President / Chairman of the Better Investing Portland Chapter. – More Info & Registration: CLICK HERE
Sat, Aug 13, 2022 – 8:30AM-1:30PM– Lake Oswego Farmers Market- This is a must-go event every Saturday in the season. Enjoy local foods, arts, crafts, and so much more! Millenium Plaza Park- More Info : CLICK HERE
Sun, Aug 14, 2022 – From Tuesday, March 1 – 2:00PM – Sunday Supper Club~ Just for fun! Meet at Dang Thai this month and enjoy new & old friends along with fabulous dining. ~ 670 N State Street – More Info : CLICK HERE
Market Activity ~ July 25-31, 2022
Last week Lake Oswego saw 17 properties enter the market, 16 move to Pending status and 13 Sold/Closed. Right now there are 126 properties ranging from $188,000 to $11.5 Mil.
Here is the breakdown:
NEW July 25-31, 2022
| Address | List Price | Beds | Baths | SF | Prop Type |
| 5055 FOOTHILLS DR #79 | $429,900 | 3 | 2 | 1252 | CONDO |
| 5788 SW LANGFORD LN | $650,000 | 2 | 2 | 1598 | DETACHD |
| 13371 PETERS RD | $775,000 | 3 | 2.1 | 2295 | DETACHD |
| 18690 WOOD DUCK WAY | $775,000 | 3 | 2 | 1895 | DETACHD |
| 439 LIVINGOOD LN | $814,000 | 3 | 2.1 | 2540 | DETACHD |
| 17721 OVERLOOK CIR | $890,000 | 4 | 2.1 | 3172 | DETACHD |
| 39 TANGLEWOOD DR | $899,000 | 4 | 3 | 3167 | DETACHD |
| 2711 Greentree RD | $969,900 | 4 | 3 | 3241 | DETACHD |
| 346 LAKE BAY CT | $1,075,000 | 4 | 2.1 | 1900 | DETACHD |
| 18010 GIMLEY CT | $1,200,000 | 5 | 3.1 | 3652 | DETACHD |
| 165 FURNACE ST, Grnd | $1,299,999 | 2 | 2.1 | 2023 | CONDO |
| 4360 WEST BAY RD | $1,300,000 | 4 | 3 | 2636 | DETACHD |
| 17291 CEDAR RD | $1,650,000 | 5 | 4.1 | 2872 | DETACHD |
| 15791 TWIN FIR RD | $2,095,000 | 4 | 3.1 | 4035 | DETACHD |
| 1131 NORTHSHORE RD | $2,100,000 | 4 | 3 | 3850 | DETACHD |
| 162 BERWICK RD | $3,295,000 | 4 | 4.1 | 4657 | DETACHD |
| 13151 THOMA RD | $4,500,000 | 5 | 5.1 | 5461 | DETACHD |
PENDING July 25-31, 2022
| Address | List Price | Beds | Baths | SF | Prop Type | Days |
| 61 CHURCH ST | $240,000 | 2 | 1.1 | 1040 | ATTACHD | 3 |
| 3822 BOTTICELLI ST | $344,900 | 3 | 2 | 1171 | CONDO | 5 |
| 289 CERVANTES | $563,000 | 3 | 2.1 | 1406 | ATTACHD | 4 |
| 4268 WOODSIDE CIR | $589,900 | 4 | 2 | 1944 | ATTACHD | 33 |
| 16532 SW Mellon AVE | $625,000 | 4 | 1.1 | 1760 | DETACHD | 5 |
| 18690 WOOD DUCK WAY | $775,000 | 3 | 2 | 1895 | DETACHD | 0 |
| 16875 FERNWOOD DR | $780,000 | 4 | 2 | 2460 | DETACHD | 28 |
| 12562 SW ORCHARD HILL RD | $937,000 | 4 | 2.1 | 2574 | DETACHD | 5 |
| 2777 GLEN HAVEN RD | $1,200,000 | 3 | 2.1 | 2560 | DETACHD | 52 |
| 11 DA VINCI ST | $1,295,000 | 5 | 3.1 | 3770 | DETACHD | 46 |
| 14383 FOSBERG RD | $1,995,000 | 4 | 3.1 | 4543 | DETACHD | 79 |
| 15868 PARKER RD | $2,100,000 | 5 | 3.1 | 3679 | DETACHD | 33 |
| 1131 NORTHSHORE RD | $2,100,000 | 4 | 3 | 3850 | DETACHD | 2 |
| 1250 SW Englewood DR | $2,499,000 | 3 | 3.1 | 5097 | DETACHD | 11 |
| 4929 Park Bluff PL | $2,600,000 | 4 | 3.1 | 4067 | DETACHD | |
| 2493 SOUTHSHORE BLVD | $3,200,000 | 6 | 5.1 | 7561 | DETACHD | 292 |
SOLD July 25-31, 2022
| Address | Opening | Closed | Beds | Baths | SF | Prop Type | Days |
| 12868 BOONES FERRY RD | $495,000 | $500,000 | 2 | 2.1 | 1136 | CONDO | 18 |
| 885 MCVEY AVE | $569,000 | $570,000 | 3 | 1 | 1341 | DETACHD | 19 |
| 1561 WOODLAND TER | $825,000 | $790,000 | 3 | 2.1 | 2184 | DETACHD | 16 |
| 13160 PRINCETON CT | $949,000 | $825,000 | 4 | 2.1 | 3252 | DETACHD | 42 |
| 4965 MULHOLLAND DR | $775,000 | $827,500 | 2 | 2.1 | 2468 | ATTACHD | 2 |
| 1841 CLOVERLEAF RD | $825,000 | $832,000 | 5 | 3 | 2190 | DETACHD | 5 |
| 29 DEL PRADO ST | $1,050,000 | $1,044,000 | 4 | 2 | 3037 | DETACHD | 12 |
| 2964 OVERLOOK DR | $1,200,000 | $1,060,000 | 5 | 2.1 | 3731 | DETACHD | 30 |
| 7 SCARBOROUGH DR | $1,150,000 | $1,250,000 | 4 | 2.1 | 3314 | DETACHD | 1 |
| 1025 SCHUKART LN | $2,050,000 | $1,795,000 | 4 | 3 | 4233 | DETACHD | 44 |
| 3001 WESTVIEW CT | $1,850,000 | $1,805,000 | 4 | 3.1 | 4317 | DETACHD | 26 |
| 697 LAKE BAY CT | $2,595,000 | $2,150,000 | 4 | 4.1 | 3715 | DETACHD | 37 |
| 720 6TH ST | $2,300,000 | $2,200,000 | 4 | 3.1 | 4601 | DETACHD | 11 |