We wish you New Beginnings and All Good & Beautiful Things this Welcome Spring Season~
Happy Easter!
Market Activity ~ March 22-28, 2021
Last week, Lake Oswego had 8 properties enter the market, 22 move to Pending status, and 18 Close. Currently there are 74 lovely homes available on the market!
The following is the activity according to RMLS:
NEW March 22-28, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 5316 LOWER DR | $699,000 | 3 | 2.1 | 2016 | DETACHD |
| 282 ASH ST | $780,000 | 4 | 2.1 | 2791 | DETACHD |
| 4750 UPPER DR | $1,149,000 | 5 | 3.1 | 3091 | DETACHD |
| 885 10TH ST | $1,150,000 | 4 | 2.1 | 2633 | DETACHD |
| 18958 BRYANT RD | $1,199,900 | 4 | 2.1 | 3178 | DETACHD |
| 2065 RIDGE POINTE DR | $1,495,000 | 5 | 4 | 4790 | DETACHD |
| 16847 GREENBRIER RD | $2,700,000 | 3 | 2.1 | 2360 | DETACHD |
| 1745 SOUTHSHORE BLVD | $3,495,000 | 4 | 4.1 | 5545 | DETACHD |
PENDING March 22-28, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 47 EAGLE CREST DR, #51 | $180,000 | 1 | 1 | 670 | CONDO | 13 |
| 22 OSWEGO SMT / Grnd | $189,900 | 1 | 1 | 764 | CONDO | 2 |
| 125 OSWEGO SMT / Lower | $198,000 | 1 | 1 | 764 | CONDO | 3 |
| 6310 BURMA RD | $499,000 | 3 | 1.1 | 1052 | DETACHD | 7 |
| 4185 CHILDS RD | $535,000 | 3 | 1.1 | 1175 | DETACHD | 5 |
| 4555 WILDWOOD ST | $650,000 | 3 | 2 | 1565 | DETACHD | 6 |
| 4917 MULHOLLAND DR | $678,000 | 2 | 2.1 | 2403 | ATTACHD | 10 |
| 33 TOUCHSTONE | $699,900 | 5 | 4 | 3854 | DETACHD | 5 |
| 28 MORNINGVIEW CIR | $730,000 | 3 | 3.1 | 2895 | DETACHD | 15 |
| 692 2ND ST | $759,900 | 3 | 1 | 2140 | DETACHD | 17 |
| 2941 SW ORCHARD HILL PL | $784,900 | 5 | 3.1 | 3446 | DETACHD | 4 |
| 545 RIDGEWAY RD | $818,000 | 3 | 2.1 | 2110 | DETACHD | 3 |
| 2552 PALISADES CREST DR | $975,000 | 4 | 2.1 | 3176 | DETACHD | 12 |
| 19230 BRYANT RD | $1,060,000 | 8 | 4.5 | 3441 | DETACHD | 289 |
| 144 LEONARD ST | $1,279,000 | 4 | 3.1 | 3552 | DETACHD | 6 |
| 15003 TWIN FIR RD | $1,295,000 | 4 | 3.1 | 2941 | DETACHD | 7 |
| 19305 HILL TOP RD | $1,375,000 | 4 | 3.1 | 5116 | DETACHD | 208 |
| 17990 RIDGE LAKE DR | $1,445,000 | 5 | 3.1 | 3897 | DETACHD | 21 |
| 1799 ATHERTON DR | $1,629,000 | 5 | 5.1 | 6280 | DETACHD | 10 |
| 13217 AMBER PL, #1 | $1,849,000 | 4 | 3.1 | 3861 | DETACHD | 402 |
| 16777 PHANTOM BLUFF CT | $1,995,000 | 4 | 2.2 | 5045 | DETACHD | 14 |
| 1300 FOREST MEADOWS WAY | $4,098,000 | 5 | 4.2 | 5974 | DETACHD | 46 |
SOLD March 22-28, 2021
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 5057 FOOTHILLS DR / Upper | $335,000 | $345,000 | 2 | 2 | 1252 | CONDO | 3 |
| 72 GREENRIDGE CT | $425,000 | $425,000 | 3 | 3 | 1824 | ATTACHD | 3 |
| 1790 CONIFER DR | $539,000 | $520,000 | 2 | 1 | 1003 | DETACHD | 13 |
| 5091 TUALATA LN | $625,000 | $702,500 | 3 | 2 | 1500 | DETACHD | 6 |
| 5172 GREENSBOROUGH CT | $739,000 | $724,000 | 4 | 2.1 | 2184 | DETACHD | 102 |
| 2 MOZARTEUM CT | $744,900 | $780,000 | 4 | 2.1 | 2192 | DETACHD | 5 |
| 18018 GIMLEY CT | $820,000 | $859,000 | 4 | 3 | 3637 | DETACHD | 2 |
| 13983 WESTCOTT CT | $898,900 | $925,000 | 4 | 2.1 | 2792 | DETACHD | 4 |
| 2574 PALISADES CREST DR | $975,000 | $935,000 | 5 | 2.2 | 4563 | DETACHD | 22 |
| 13204 DEERFIELD CT | $1,050,000 | $1,030,000 | 4 | 2.1 | 3406 | DETACHD | 4 |
| 3815 SOUTHSHORE BLVD | $875,000 | $1,067,000 | 4 | 2 | 2638 | DETACHD | 4 |
| 116 MIDDLECREST RD | $1,390,000 | $1,225,000 | 4 | 3 | 2545 | DETACHD | 38 |
| 17680 Stafford RD | $1,299,000 | $1,317,000 | 5 | 2.1 | 3804 | DETACHD | 185 |
| 639 CARRERA LN | $1,350,000 | $1,320,000 | 4 | 3.1 | 4447 | DETACHD | 16 |
| 4288 LAKEVIEW BLVD | $1,250,000 | $1,487,000 | 3 | 2 | 2016 | DETACHD | 5 |
| 892 8TH ST | $1,450,000 | $1,515,000 | 4 | 3.1 | 2872 | DETACHD | 7 |
| 17313 BLUE HERON RD | $1,998,500 | $1,892,500 | 4 | 3.1 | 3454 | DETACHD | 431 |
| 2950 Lakeview BLVD | $3,100,000 | $2,450,000 | 4 | 3.1 | 4299 | DETACHD | 190 |
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 Grove is getting a Farmer’s Market
As a resident of the Lake Grove area, I am just super excited about the new Farmer’s Market. It is a pilot program to gage the level of interest for a Farmer’s Market on the West side of town. The market is currently happening on Sundays from 1-5. It will run through April 25th. At that point a decision will be made as to whether or not the market will become permanent.
The market is located on Hallmark Drive between Mercantile Dr and Collins Way. There is abundant parking available at Lake Grove Elementary School
Each week there are 15-20 vendors selling produce, meats, seafoods, flowers, and hot foods. For more information and for a complete list of vendors click here.
This market is in addition to the Farmer’s Market that has occured on the East side of town at Millenium Plaza Park. That market runs Saturdays, 8:30-1:30, May 5th thru October 2nd.
I hope to see you at the market!
Dianne
Market Activity March 15-21, 2021
Inventory is beginning to pick up and the real estate activity in Lake Oswego last week was quite balanced. We had 18 properties come onto the market, 17 move into pending status, and 17 sold/closed listings. So good to see the inventory picking up!
See below for RMLS data
New on the market March 15-21, 2021
| Address | Type | Price | BR | Baths | Sq Ft |
| 86 Kingsgate Rd A202 | Condo | $246,000 | 2 | 2 | 849 |
| 6310 Burma Rd | Detached | $499,000 | 3 | 1.5 | 1052 |
| 5850 Kenny St | Detached | $515,000 | 2 | 2 | 1172 |
| 4185 Childs Rd | Detached | $535,000 | 3 | 1.5 | 1175 |
| 4917 Mulholland Dr | Attached | $678,000 | 2 | 2.5 | 2403 |
| 33 Touchstone | Detached | $699,900 | 5 | 4 | 3854 |
| 17608 Sydni Ct | Attached | $699,900 | 5 | 2.5 | 2455 |
| 12444 Orchard Hill Rd | Detached | $825,000 | 3 | 2 | 2519 |
| 1720 Yarmouth Cir | Detached | $599,000 | 3 | 2.5 | 2020 |
| 10 Yorick St | Detached | $925,000 | 5 | 3.5 | 4023 |
| 4431 Bernard ST | Detached | $1,149,000 | 4 | 3 | 2840 |
| 17649 Woodhurst Pl | Detached | $1,250,000 | 6 | 4.5 | 5669 |
| 15003 Twin Fir Rd | Detached | $1,295,000 | 4 | 3.5 | 2941 |
| 19201 Maree Ct | Detached | $1,300,000 | 5 | 2.5 | 4290 |
| 554 4th St | Attached | $1,449,000 | 4 | 4.5+.5 | 3376 |
| 1799 Atherton Dr | Detached | $1,629,000 | 5 | 5.5 | 6280 |
| 17190 Wall St | Detached | $2,140,000 | 5 | 4.5+.5 | 6702 |
| 17930 Kelok Rd | Detached | $2,750,000 | 4 | 3.5+.5 | 4481 |
Pending sales March 15-21, 2021
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 4 Touchstone #112 | Condo | $219,900 | 3 | 2.5 | 1351 | 178 |
| 4000 Carman Dr E82 | Condo | $248,000 | 2 | 1 | 827 | 3 |
| 48 Eagle Crest Dr 5F | Condo | $249,900 | 2 | 2 | 1370 | 197 |
| 3950 Carman Dr | Condo | $345,000 | 2 | 2.5 | 1101 | 10 |
| 16051 Pearcy Ct | Detached | $529,000 | 3 | 2 | 1224 | 4 |
| 63 Tanglewood Dr | Detached | $625,000 | 4 | 3 | 2819 | 3 |
| 1858 Southshore Blvd | Detached | $650,000 | 4 | 2 | 2097 | 6 |
| 3460 Lake Grove Ave | Detached | $685,000 | 2 | 2.5 | 1616 | 2 |
| 1820 Southshore Blvd | Detached | $700,000 | 3 | 3 | 2403 | 4 |
| 14221 Dolph Ct | Detached | $755,000 | 3 | 2.5 | 2081 | 5 |
| 16631 Ford Pl | Detached | $899,900 | 4 | 2.5 | 3180 | 4 |
| 18050 Tualata Ave | Detached | $915,000 | 4 | 2.5 | 2835 | 4 |
| 17521 Lake Haven Dr | Detached | $1,200,000 | 4 | 2.5 | 3247 | 6 |
| 4288 Lakeview Blvd | Detached | $1,250,000 | 3 | 2 | 2016 | 5 |
| 15420 Boones Way | Attached | $1,345,000 | 3 | 2.5 | 3364 | 43 |
| 3700 Marquis Ct | Detached | $1,499,900 | 4 | 2.5 | 4431 | 2 |
| 5740 Childs Rd | Detached | $1,550,000 | 5 | 3 | 5519 | 24 |
Sold/Closed Properties March 15-21, 2021
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 100 Kerr Pkwy #5 | Condo | $169,000 | $165,900 | 617 | 171 |
| 4 Touchstone #63 | Condo | $195,000 | $200,000 | 984 | 1 |
| 3930 Lake Grove Ave 1B | Condo | $215,000 | $210,000 | 956 | 11 |
| 668 McVey Ave #44 | Condo | $229,000 | $215,000 | 636 | 80 |
| 5804 Kennycroft Way | Detached | $504,900 | $586,000 | 1008 | 4 |
| 1538 Pine St | Detached | $515,000 | $607,300 | 1575 | 3 |
| 876 Sunny Hill Dr | Detached | $850,000 | $827,500 | 2164 | 4 |
| 19125 35th Pl | Detached | $1,175,000 | $1,114,900 | 5153 | 257 |
| 6485 Mission Ct | Detached | $1,165,000 | $1,189,000 | 3133 | 67 |
| 16233 Bonaire Ave | Detached | $1,395,000 | $1,395,000 | 3460 | 1 |
| 4160 Lakeview Blvd | Detached | $1,539,000 | $1,530,000 | 3904 | 363 |
| 5775 Dogwood Dr | Detached | $1,679,000 | $1,679,000 | 4003 | $3 |
| 13701 Knaus Rd | Detached | $1,849,000 | $1,773,000 | 5730 | 2 |
| 13585 Goodall Rd | Detached | $1,900,000 | $1,850,000 | 4282 | 18 |
| 907 Terrace Dr | Detached | $3,000,000 | $2,675,000 | 7296 | 128 |
| 4321 Southshore Blvd | Detached | $4,200,000 | $3,750,000 | 6731 | 0 |
| 1527 Lake Front Rd | Detached | $3,999,000 | $3,850 | 7220 | 1512 |
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.
News & Notes ~ Feb 2021 Numbers
Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.
Overview/Fluctuations ~ Market Data February 2021: Inventory is holding steady with one month of supply available. Competition is heavy, though we finally see more properties hitting the market now in March, which should alleviate that a little. Competition pushes prices up as you can see in the Neighborhood Report below comparing January & February prices. Rolling 12-month Appreciation rates in all areas are up.
Mortgage rates will be rising inspired by the economy’s steady recovery. Today’s rates are hovering around 3% or a little higher based on a number of factors, but most can “buy the rate down” a bit & get it lowered. My trusted Mortgage Advisors can give you more info.
According to the RMLS Market Action Report for the Portland Metro Area, Feb. 2021:
- There were 2,474 New Listings in Feb 2021 decreased 10.3% from Feb of 2020’s 2,759 and also dropped 4.1% from the previous month/January’s 2,579.
- At 1,978, Feb 2021’s Closed Sales are up 4.3% from Feb 2020’s 1,897, and also up 7.1% from the previous month/January’s total of 1,847
- At 2,208, Feb 2021’s Pending Sales are down 15% from Feb 2020’s 2,598, and also down 11.5% from the previous month/January’s total of 2,496.
- The Average Sale Price in Feb 2021 of $542,000 is up $84,100 from last year/Feb 2020’s $457,900, and up $27,300. from the previous month/January’s $514,700.
- The “Median” Sale Price (the price smack dab in the middle of all sales) in Feb 2021 of $470,100 rose $63,100 from last year/Feb 2020’s $407,000, and also increased 10,100 from the previous month/January’s $460,000.
LAKE OSWEGO
The combined areas of Lake Oswego and West Linn for the month of February 2021 reported:
- 82 Active Listings (Jan 84)
- 97 New Listings (Jan 112)
- 92 Pending Sales (Jan 121)
- 92 Closed Sales (Jan 97)
- Average Sale Price for Feb: $876,900 (Jan $812,700)
- 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 Average Days on the Market (Jan 46)
Lake Oswego Has Two New Parks
The livability of LO is just outstanding and it just go even better. We now have two brand new parks!.
Iron Mountain Park
Located on Iron Mountain Blvd right by The Hunt, this is a 51 acre park. There is plenty of parking, a covered picnic area, a play area for kids, and rest rooms. It’s beautifully landscaped using native species and with great care to preserve a wetlands that is part of the park. I can see spending summer evening picnicing and taking my Grandchildren to play and run around.
I think the thing I am most excited about is that the park serves as a trail for the Iron Hertage trail. There has long been a terrific trail that makes use of the old rail line that the iron was transported on from the mine near the top of Iron Mountain and down to where the ore was loaded into barges, and barged across the lake to find its final destination at the iron furnace in what is now George Rogers Park.
The Iron Heritage trail is a 3.4 mile loop that connects the new park to the Iron Mountain trail, then along several quiet residential streets to Springbook Park and then back to Iron Mountain Park. For a trail map click here.
Woodmont Natural Park
Located near the intersection of Atwater and Knaus Roads, this 6.8 acre park is lovely. There is a gravel path that meanders through the park. I’m not certain how long the path is, but I think it is likely close to half a mile or so. There is extensive native landscaping and places for picnicing. This park does not have a play structure for children, but it does have restrooms.
Quality of life is just super important to me and a key component of how I have chosen the community that I live in. I know I rave about how much I like LO, but it truly does keep getting better and better. These two new parks are a great addition!
As always, thanks for reading the blotter.
Dianne
Market Activity March 1-7, 2021
Inventory remains low and buyers wanting to buy remains high. Last week in Lake Oswego we had 9 properties come onto the market, 18 move into pending status with accepted offers, and 12 sold/closed.
See below for an explanatin of the RMLS data.
New on the Market March 1-7, 2021
| Address | Type | Price | BR | Baths | Sq Ft |
| 243 Cervantes | Condo | $399,000 | 2 | 2 | 1292 |
| 16200 Pacific Hwy #4 | Condo | $490,000 | 2 | 2 | 1190 |
| 1101 Hallinan Circle | Detached | $720,000 | 5 | 3 | 3368 |
| 13841 Verte Ct | Detached | $985,000 | 4 | 3 | 2350 |
| 17990 Ridge Lake Dr | Detached | $1,445,000 | 5 | 3.5 | 3897 |
| 2101 Goodall Ct | Detached | $2,539,000 | 4 | 4.5 | 4290 |
| 1677 Leslie Ln | Detached | $2,550,000 | 4 | 6.5 | 7534 |
| 5135 Carman Dr | Detached | $3,650,000 | 3 | 2.5+.5 | 4400 |
| 1125 Maple St | Detached | $3,900,000 | 4 | 3.5 | 6254 |
Pending Sales March 1-7, 2021
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 45 Eagle Crest #212 | Condo | $179,000 | 1 | 1 | 780 | 155 |
| 26 Cervantes Circle | Condo | $244,900 | 2 | 1.5 | 1107 | 56 |
| 4636 Lower Dr | Condo | $265,000 | 2 | 1.5 | 1170 | 129 |
| 5057 Foothills Dr | Condo | $335,000 | 2 | 2 | 1252 | 3 |
| 41 Greenridge Ct | Attached | $415,000 | 3 | 2.5 | 1652 | 9 |
| 5804 Kennycroft Way | Detached | $504,900 | 3 | 1.5 | 1008 | 4 |
| 23 Aquinas St | Detached | $550,000 | 4 | 2.5 | 1840 | 3 |
| 1662 Worthington St | Detached | $700,000 | 4 | 2.5 | 2763 | 4 |
| 4749 Black Forest Ct | Detached | $715,000 | 4 | 2.5 | 2255 | 5 |
| 17121 Wall St | Detached | $724,900 | 3 | 2.5 | 2187 | 2 |
| 2 Mozarteum Ct | Detached | $744,900 | 4 | 2.5 | 2192 | 5 |
| 4184 Virginia Way | Detached | $849,900 | 4 | 2 | 1700 | 5 |
| 1080 Upper Devon Ln | Detached | $974,900 | 3 | 2.5 | 2335 | 4 |
| 19244 35th Pl | Detached | $1,095,000 | 5 | 3 | 3503 | 13 |
| 100 Garibaldi St | Detached | $1,175,000 | 5 | 3.5+.5 | 4572 | 3 |
| 2671 Glen Eagles Rd | Detached | $1,225,000 | 3 | 3 | 4019 | 4 |
| 1688 Leslie Ln | Detached | $1,898,000 | 4 | 4.5 | 5540 | 53 |
| 16655 Maple Circle | Detached | $3,498,000 | 3 | 3.5 | 3100 | 0 |
Sold/Closed March 1-7, 2021
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 16250 Pacific Hwy #50 | Condo | $284,000 | $290,000 | 1305 | 2 |
| 57 Greenridge Ct | Attached | $459,000 | $459,000 | 1,301 | 0 |
| 1920 Southshore Blvd | Detached | $579,900 | $559,900 | 1313 | 8 |
| 6 Yorick St | Detached | $849,950 | $780,000 | 3116 | 83 |
| 1661 Woodland Terrace | Detached | $729,000 | $801,000 | 3082 | 2 |
| 252 Greenwood Rd | Detached | $824,900 | $810,000 | 3834 | 5 |
| 1216 Spruce St | Detached | $840,000 | $820,000 | 2066 | 101 |
| 13711 Fielding Rd | Detached | $889,950 | $830,000 | 4649 | 77 |
| 17596 Green Bluff Dr | Detached | $959,900 | $960,000 | 3039 | 75 |
| 975 Schukart Ln | Detached | $1,198 | $1,250,000 | 4449 | 350 |
| 312 9th St | Detached | $1,350 | $1,350,000 | 2686 | 18 |
| 19491 Lorna Ln | Detached | $2,195 | $2,388,270 | 4343 | $55 |
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
Lake Oswego is always chock full of all kinds of activities for its residents. Its really a marvel how, for so many years, such discerning attention is placed on producing a truly diverse array of programs for young, old and all interests. They are mostly virtual now for health & safety reasons, but some safe outdoor & distanced options are also peppered in there. Soon we’ll see the outdoor concerts return!
Here are my picks for what[s happening this week:
Mon, March 8, 2021- 7:15-7:45PM – How to Train Your Cat ~ Believe it or not cats can be trained! (they say… ; ) Every Monday/12 and up. Online – More Info & Registration: CLICK HERE
Tues, March 9 2021– 1:15-2:15PM – Gentle Yoga ~ Join this virtual class that repeats every Tuesday – More Info & Registration: CLICK HERE
Wed, March 10, 2021– 8:00AM – 10:00PM – Author/Fan Face-Off! ~ Each week, in this video series, a student will go head to head on 10 trivia questions from one of a featured author’s favorite books. This week the guest author is Varian Johnson and the featured book is The Great Green Heist Online – For More Info: CLICK HERE
Thurs, March 11, 2021– 6:00-7:30PM – Whole House Organizing~ Each week on Thursdays, Kaye Silver teaches participants to organize one category of household item, such as clothes. The following week participants share their results and learn about the next category, such as memorabilia. Online – More Info & Registration: CLICK HERE
Fri, March 12, 2021– 8:15AM-10:15PM – Essay Contest Deadline: Refugee & Immigrant Experience ~ 2021 MINORU YASUI STUDENT CONTEST “If there is suffering or pain that is unfairly imposed upon anyone, it’s my duty, it’s your duty to try to alleviate it, because that’s the way in which we gain a better life for all of us.” — Minoru Yasui . The Minoru Yasui Student Contest is proud to announce its 2021 essay competition on Refugee and Immigrant Experiences. We celebrate the ideas and opinions of students in grades 6 through 12 and challenge them to write an original and thoughtful essay exploring refugee or immigrant experiences. Online – More Info & Registration: CLICK HERE
Sat, March 13, 2021– 9:00AM-9:30AM – Saturday Sing-A-Long ~ Ages 3-5 sing their favorite Disney, folk & popular songs every Saturday! Online – More Info & Registration: CLICK HERE
Sun, March 14, 2021– 10:00AM-12:00PM – Stewardship Work Party at Woodmont Park ~ Plant native species in this new park with Friends of Woodmont Park! More Info & Registration: CLICK HERE
Market Activity ~ Feb 22-28, 2021
Last week we saw only 5 properties enter the market, 13 moved to Pending status and 20 Sold/Closed. There are 66 fabulous properties available right now in Lake Oswego! The market is very tight. This is the time of year we start to see properties hit the market so time will tell if we’ve got a wave of properties coming up, but for now, rates are low & inching higher… its a good time to call a skilled Realtor to help you secure a home. Dianne and I are always a phone, text or email away.
Here is the latest overview of activity in Lake Oswego according to RMLS:
NEW Feb 22-28, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 41 GREENRIDGE CT | $415,000 | 3 | 2.1 | 1652 | ATTACHD |
| 668 MCVEY AVE #33 | $499,000 | 2 | 1 | 852 | CONDO |
| 17994 SAINT CLAIR DR | $989,000 | 4 | 2.1 | 3689 | DETACHD |
| 5740 SW CHILDS RD | $1,550,000 | 5 | 3 | 5519 | DETACHD |
| 15780 TWIN FIR RD | $2,975,000 | 4 | 4.1 | 4270 | DETACHD |
Pending Feb 22-28, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE #63 | $195,000 | 2 | 2 | 984 | CONDO | 1 |
| 1225 LEE ST | $520,000 | 3 | 1.1 | 1056 | DETACHD | 80 |
| 4832 REDWING WAY | $599,900 | 3 | 2 | 1472 | DETACHD | 3 |
| 17614 SCHALIT WAY | $650,000 | 3 | 2 | 1561 | DETACHD | 3 |
| 5172 GREENSBOROUGH CT | $719,000 | 4 | 2.1 | 2184 | DETACHD | 102 |
| 18 HOTSPUR ST | $750,000 | 4 | 2 | 2025 | DETACHD | 5 |
| 13983 WESTCOTT CT | $898,900 | 4 | 2.1 | 2792 | DETACHD | 4 |
| 2240 RIDGEWOOD RD | $939,000 | 4 | 3.1 | 2777 | DETACHD | 2 |
| 17311 CANYON DR | $1,079,000 | 6 | 3 | 5376 | DETACHD | 35 |
| 116 MIDDLECREST RD | $1,290,000 | 4 | 3 | 2545 | DETACHD | 38 |
| 419 7TH ST | $1,350,000 | 4 | 2.1 | 2813 | DETACHD | 11 |
| 667 LAKE BAY CT | $1,899,900 | 4 | 3.1 | 3616 | DETACHD | 36 |
| 1890 TWIN POINTS RD | $2,650,000 | 4 | 3.1 | 4274 | DETACHD | 535 |
Sold Feb 22-28, 2021
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 45 EAGLE CREST DR #210 | $199,000 | $198,000 | 1 | 1 | 780 | CONDO | 23 |
| 3812 BOTTICELLI ST | $319,995 | $310,000 | 3 | 2 | 1194 | CONDO | 41 |
| 241 CERVANTES Upper | $400,000 | $405,000 | 2 | 2 | 1382 | CONDO | 3 |
| 17095 WESTVIEW DR | $649,000 | $575,000 | 4 | 3 | 3356 | DETACHD | 90 |
| 1238 LAUREL ST | $524,900 | $600,000 | 3 | 2 | 1485 | DETACHD | 2 |
| 6210 CHILDS RD | $699,000 | $710,000 | 3 | 2 | 1433 | DETACHD | 2 |
| 1202 SPRUCE ST | $735,000 | $735,000 | 2 | 2.1 | 1706 | DETACHD | 84 |
| 6126 SW Frost LN | $759,000 | $745,000 | 5 | 3 | 2497 | DETACHD | 41 |
| 5185 WOODCREST LN | $835,000 | $825,000 | 3 | 2.1 | 2554 | DETACHD | 33 |
| 4850 LOWER DR | $825,000 | $825,000 | 4 | 3 | 2700 | DETACHD | 11 |
| 5173 WOODCREST LN | $850,000 | $905,000 | 5 | 3 | 3220 | DETACHD | 2 |
| 5513 RACHEL LN | $1,049,000 | $1,030,000 | 4 | 2.1 | 3335 | DETACHD | 29 |
| 17196 KELOK RD | $1,199,000 | $1,050,000 | 5 | 3.1 | 4384 | DETACHD | 169 |
| 3600 PIPER CT | $1,050,000 | $1,110,000 | 5 | 3.1 | 4549 | DETACHD | 4 |
| 1156 CHERRY LN | $1,345,000 | $1,175,000 | 5 | 3.1 | 4084 | DETACHD | 79 |
| 2120 GLENMORRIE DR | $1,298,000 | $1,298,000 | 4 | 3.1 | 4293 | DETACHD | 125 |
| 701 4TH ST | $1,499,000 | $1,450,000 | 3 | 2.1 | 2913 | DETACHD | 43 |
| 17495 KELOK RD | $1,600,000 | $1,475,000 | 3 | 2.1 | 3282 | DETACHD | 101 |
| 1188 CHERRY CIR | $2,198,000 | $2,050,000 | 5 | 6.1 | 8772 | DETACHD | 550 |
| 16649 MAPLE CIR | $3,095,000 | $2,730,875 | 4 | 3 | 2714 | DETACHD | 154 |
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.
Let’s Talk Trees
Trees have been the focus of my attention lately. This is because two weeks ago Lake Oswego had a big ice storm and a neighbors unkept trees dropped limbs onto power lines that caused a power outage at my house. It lasted 3 days. Of course this was not uncommon. At one point Portland Gas and Electric had power outages at over 300,000 homes in the metro area. Many were without power for longer than 3 days, so my intention here is not to complain about my personal experience. Instead, it has me thinking about the importance of paying attention to the trees in your yard.
Get them inspected
When buying a home, if the house has large trees in the yard, get them inspected. Most home inspectors only inspect the house itself. They don’t inspect the trees. A good home inspector will make the suggestion that you get the trees inspected, but many don’t. You should not take it for granted that trees are trees and no big deal. In particular, are any of the trees unhealthy? Are any of the trees unstable? Removing a big tree can be expensive. If this is something that can be learned up front, before you buy the house, it is something that can be negotiated as part of the purchase.
Trees need to be maintained
Once you own a home, maintain your trees by hiring an arborist every five years of so to go through your trees and take out dead limbs and prune to maintain health. My husband and I have done this. We have four HUGE fir tress and one HUGE English walnut tree. When we first bought our home I would occassionally sleep downstairs, not in my bedroom, if there was a big wind storm. Then one day while gardening, out of the blue, a big limb came down not too far from where I was standing. There’s a reason that these limbs are called widow makers. They are big and heavy and could really hurt a person. This was my wake up call that it was time to become friends with an arborist.
Since we have had our trees cleaned up, not one big limb has randomly fallen in our yard and no limbs have fallen during wind or ice storms. It is money well spent and gives tremendous peace of mind.
This brings me back to the recent ice storm. How I wish my neighbor was taking better care of his/her trees! Be a good neighbor and be a responsible tree owner.
I hope that you find this information helpful. Feel free to reach out to either Linda or myself if you have any questions about real estate and home ownership.
Dianne