buying a home in Lake Oswego Archives - Page 9 of 143

April 18, 2021April 18, 2021

News & Notes ~ March 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 March 2021:

Low Inventory continues to be the driver of competition in the greater Portland area where we see price increases in most neighborhoods/areas from the prior month & all areas increasing over 2020. (See below for breakdown). Comparing 2021 to the same period in 2020 thru March, Overall Average Price has increased 16.6% and Median Price 14.9%.

My trusted Mortgage Advisors say Mortgage rates are hovering around 3.125%. This rate varies and can be reduced with a buy-down, or affected by individual qualifiers. I’m happy to connect you with someone to discuss your particular situation.

According to the RMLS Market Action Report for the Portland Metro Area, March 2021:

There were 3,465 New Listings in March 2021 decreased only slightly at 0.1% from March 2020’s 3,468 and increased 40.1% from the previous month/February’s 2,474.
At 2,556, March 2021’s Closed Sales are up 8.5% from March 2020’s 2,356, and also up 29.2% from the previous month/February’s total of 1,978
At 3,346, March 2021’s Pending Sales increased 42.6% from March 2020’s 2,347, and also jumped up by 51.5% from the previous month/February’s total of 2,208.
The Average Sale Price in March 2021 of $554,300 is up $88,800 from last year/March2020’s $465,500, and up $12,300. from the previous month/February’s $542,000.
The “Median” Sale Price (the price smack dab in the middle of all sales) in March 2021 of $488,000 rose $63,000 from last year/March 2020’s $425,000, and also increased $8,900 from the previous month/February’s $479,100.

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of March 2021 reported:

112 Active Listings (Feb 82)
188 New Listings (Feb 97)
156 Pending Sales (Feb 92)
112 Closed Sales (Feb 92)
Average Sale Price for Mar: $944,100 (Feb $876,900)
- 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 (Feb 77)

April 15, 2021April 15, 2021

Market Activity ~ April 5-11, 2021

NEW April 5-11, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
526 S State ST 5A	$314,950	2	1	914	CONDO
225 CERVANTES	$319,000	2	1.1	1216	CONDO
3101 MCNARY PKWY #6	$399,900	3	2.1	1532	CONDO
76 GREENRIDGE CT	$674,900	4	3.1	2868	ATTACHD
16041 WALUGA DR	$679,000	4	2	1982	DETACHD
9 FALSTAFF ST	$759,000	4	2.1	2436	DETACHD
18634 Bryant RD	$775,000	3	2.1	2858	DETACHD
19233 INDIAN SPRINGS RD	$799,950	4	4.1	3423	DETACHD
537 COUNTRY CLUB RD	$849,000	3	2	1901	DETACHD
100 LEONARD ST, Upper Lvl	$965,000	3	2.1	2482	CONDO
524 WEIDMAN CT	$979,000	4	2.1	3450	DETACHD
6 DOVER WAY	$1,795,000	4	3.1	4499	DETACHD
17979 S CRESTLINE DR	$3,045,000	4	3	4858	DETACHD

PENDING April 5-11, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
366 CERVANTES CIR	$210,000	2	1	832	CONDO	2
4 TOUCHSTONE #82	$258,000	3	2.1	1351	CONDO	238
5840 SW BURMA RD	$475,000	3	1.1	1632	DETACHD	47
19255 BENFIELD AVE	$499,000	3	2	1840	DETACHD	36
5720 KENNY ST	$499,900	3	2	1416	DETACHD	3
19242 TERRY AVE	$619,900	4	2	1872	DETACHD	2
143 DEL PRADO ST	$621,500	3	2	1907	DETACHD	0
17 ABELARD ST	$650,000	3	2	2122	DETACHD	2
4688 OAKRIDGE RD	$675,000	3	2	1788	DETACHD	17
17608 SYDNI CT	$675,000	4	2.1	2466	ATTACHD	19
5316 LOWER DR	$699,000	3	2.1	2016	DETACHD	15
1268 HIDE A WAY CT	$759,900	4	2.1	2423	DETACHD	6
115 FURNACE ST 2N	$819,000	2	2.1	1885	CONDO	30
5 Mountain View LN	$849,000	5	3.1	3850	DETACHD	61
672 1ST ST	$850,000	2	2.1	1986	CONDO	4
12793 SIERRA VISTA DR	$899,900	4	3.1	3650	DETACHD	3
10 YORICK ST	$925,000	5	3.1	4023	DETACHD	19
1515 CHERRY LN	$925,000	5	3.1	4699	DETACHD	4
12624 SW 22ND AVE	$945,000	4	3.1	3665	DETACHD	4
5544 KILCHURN AVE	$995,000	4	2.1	3308	DETACHD	4
115 ASH ST	$1,025,000	4	3	4469	DETACHD	7
18041 CARDINAL DR	$1,095,000	3	2.1	1950	DETACHD	1
1061 YATES ST	$1,100,000	4	3.1	2899	DETACHD	14
4431 BERNARD ST	$1,149,000	4	3	2840	DETACHD	23
486 LAKE BAY CT	$1,150,000	3	2	1603	DETACHD	4
1255 Bickner ST	$1,199,000	4	2.1	2764	DETACHD	58
18958 BRYANT RD	$1,199,900	4	2.1	3178	DETACHD	13
1992 PALISADES TERRACE DR	$1,250,000	5	3.1	4140	DETACHD	7
13613 PROVINCIAL HILL WAY	$1,550,000	6	3.1	4534	DETACHD	4
15400 DIAMOND HEAD RD	$2,100,000	4	3.1	3358	DETACHD	1
95 IRON MOUNTAIN BLVD	$2,195,000	5	4.1	5710	DETACHD	184
15780 TWIN FIR RD	$2,769,900	4	4.1	4270	DETACHD	44

SOLD April 5-11, 2021`

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #43	$209,500	$212,000	2	1	1017	CONDO	3
4000 CARMAN DR G101	$248,900	$260,000	2	2	869	CONDO	4
4644 LOWER DR, Upper Lvl	$260,000	$285,000	2	1.1	1170	CONDO	5
578 2ND ST	$539,900	$539,900	2	2.1	1361	PLNCOMM	6
853 E AVE	$650,000	$650,000	2	1	750	DETACHD	6
2679 GLEN EAGLES RD	$729,900	$702,000	3	3	2378	DETACHD	277
18975 OLSON AVE	$600,000	$736,000	6	3	3569	DETACHD	5
33 TOUCHSTONE	$699,900	$770,000	5	4	3854	DETACHD	5
4749 BLACK FOREST CT	$715,000	$775,000	4	2.1	2255	DETACHD	5
5796 BAY POINT DR	$775,000	$843,000	4	2.1	2399	DETACHD	2
16631 FORD PL	$899,900	$920,000	4	2.1	3180	DETACHD	4
4184 VIRGINIA WAY	$849,900	$976,000	4	2	1700	DETACHD	5
2240 RIDGEWOOD RD	$939,000	$1,075,000	4	3.1	2777	DETACHD	2
100 GARIBALDI ST	$1,175,000	$1,210,000	5	3.2	4572	DETACHD	3
15420 BOONES WAY	$1,345,000	$1,325,000	3	2.1	3364	ATTACHD	43
419 7TH ST	$1,350,000	$1,350,000	4	2.1	2813	DETACHD	11
17010 Canal CIR	$1,595,000	$1,665,000	4	3.1	3746	DETACHD
1947 Summit DR	$1,795,000	$1,716,000	4	5.1	5570	DETACHD	150
16655 MAPLE CIR	$3,498,000	$3,170,000	3	3.1	3100	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.

April 10, 2021

Tree City USA

This year is the 32nd year that Lake Oswego has maintained the designation of “Tree City USA”. To have this designation a city must maintain four standards: have a Tree Board that brings together Parks, Recreation, and a Natural Resources Advisory Board; have a tree ordinance; spend a minimum of $2 per capita on urban forest management; and proclaim and celebrate Arbor Day annually.

Arbor Day is the last Friday in April, and April is Arbor Month. There are numerous ways that Lake Oswego is celebrating.

Tree Pruning Workshop

April 24th, 10am to 12pm, at the Pavilion at Foothills Park. Due to covid, attendance is limited and pre-registration is required. Pruning and maintaining trees is crucial, not just for the health of the tree, but truly for the safety of the home. Our big ice storm last month was a perfect example. Lake Oswego has lots and lots of trees. That ice storm took down so many limbs and many of those limbs were distructive to property, not to mention the power outages. At my home, we had an arborist clean up our trees about 5 years ago. I have 5 huge trees on my property. In the ice storm, not one limb came down. Not one. To register for this workshop telephone 503-635-0290 or email planning@lakeoswego.city. The class is free

Gnomes in Nature

Gnomes are being hidden at three parks: Foothills, River Run, and Stevens Meadows. The gnomes have names: Blossom, Greenie, and Oak. Between now and October get out to enjoy the parks and when you find a gnome, take your picture with the gnome and post it to social media using the hashtag #LOparksgnomes. Each time you post this hashtag you will be entered into a contest to win your very own gnome. Did you know that LO has over 460 acres of natural park areas? Visit lo-stewardship.org for park locations, gnome clues, and to learn more about each gnome.

Heritage Trees

Lake Oswego has annually been designating trees as “Heritage Trees” for 40 years. They are magnificent and each year when a tree is designated I like to go and see it. Most are on private property, so viewing them is done from the street, but wow, they are gorgeous. This years tree is a 55′ tall Japanese Zelkova that measures 6′ 10″ in circumference and has a crown with a 60′ spread. It is located at 3209 Lake Grove Blvd. To see a complete list of the Heritage Trees and where they are located, visit lakeoswego.city/planning/heritage-tree-program.

I honestly think that people move to Oregon, not just Lake Oswego, because they love the natural beauty and being in the outdoors. We’re now moving into the time of year when going outside is such a pleasure! I’m proud that my city, Lake Oswego, knows this and values its natural resources. Three cheers for LO and Tree City USA!

Dianne

April 9, 2021

Market Activity March 29-April 4, 2021

We are continuing to have a very strong seller’s market. Last week in Lake Oswego 11 properties came onto the market, 26 accepted an offer and went into pending status, and 15 properties sold/closed.

See below for RMLS data

New Listings March 29-April 4, 2021

Address	Type	Price	BR	Baths	Sq Ft
5059 Foothills Dr E	Condo	$312,000	2	2	989
5059 Foothills Dr G	Condo	$335,000	2	2	991
5749 Windfield Loop	Detached	$679,900	3	3	1873
15380 Twin Fir Rd	Detached	$692,000	4	3	2292
1033 Spruce St	Detached	$745,000	2	2.5	1638
17850 Pilkington Rd	Detached	$750,000	3	2.5	3222
5918 Seville Ave	Detached	$1,289,000	4	3	1776
3423 Lake Grove Ave	Detached	$1,695,000	4	3.5	4721
19460 Eastside Rd	Detached	$1,699,000	5	3.5+.5	4521
18262 Meadowlark Ln	Detached	$1,799,000	5	3.5	4757
18012 Eastridge Ln	Detached	$2,100,000	5	3.5	5875

Pending Sales March 29-April 4, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4000 Carman Dr #36	Condo	$222,500	1	1	836	2
95 Oswego Summit	Condo	$229,000	2	1.5	1116	6
4629 Lakeview Blvd	Condo	$249,999	2	2	1178	24
86 Kingsgate Rd H101	Condo	$265,000	2	2	918	3
86 Kingsgate Rd D106	Condo	$265,000	2	2	938	3
15446 Stephanie Ct	Attached	$400,000	3	2.5	1582	5
5850 Kenny St	Detached	$515,000	2	2	1172	17
16880 Cortez Ct	Detached	$575,000	3	3	2313	6
19020 Pilkington Rd	Detached	$599,900	3	2	1253	4
19 Monticello Dr	Detached	$688,000	5	3	3478	4
7 Preakness Ct	Detached	$724,900	4	2.5	2907	5
4365 Bernard St	Detached	$750,000	3	2.5	2632	2
5139 Tualata Ln	Detached	$799,900	4	3	2132	2
12444 SW Orchard Hill Rd	Detached	$825,000	3	2	2519	12
16636 Maple Circle	Detached	$865,000	3	2	2030	3
1720 Yarmouth Circle	Detached	$899,000	3	2.5	2020	12
3170 Royce Way	Detached	$899,900	4	2	3193	4
15725 Tara Pl	Detached	$940,000	4	2.5	3372	3
13841 Verte Ct	Detached	$950,000	4	3	2350	25
16577 Glenwood Ct	Detached	$969,000	5	3	3279	1
5665 Grand Oaks Dr	Detached	$1,025,000	5	3	4226	3
2060 Ridge Pointe Dr	Detached	$1,195,000	5	2.5	4120	1
554 4th St	Attached	$1,449,000	4	4.5+.5	3376	16
18977 Pilkington Rd	Detached	$1,595,000	4	3	3669	6
667 Lake Bay Ct	Detached	$1,899,900	4	3.5	3616	75
1870 Twin Points Rd	Detached	$2,695,000	4	4.5	4649	66

Sold/Closed March 29-April 4, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
45 Eagle Crest Dr #212	Condo	$189,900	$177,500	780	155
5061 Foothills Dr B	Condo	$344,900	$365,000	991	5
1225 Lee St	Detached	$511,000	$525,000	1056	89
16051 Pearcy St	Detached	$529,000	$600,000	1224	4
23 Aquinas St	Detached	$550,000	$630,000	1840	3
17614 Schalit Way	Detached	$650,000	$715,000	1561	3
1662 Worthington St	Detached	$700,000	$750,000	2763	4
3460 Lake Grove Ave	Detached	$685,000	$790,000	1616	2
17121 Wall St	Detached	$724,900	$801,000	2187	2
4361 Southshore Blvd	Detached	$749,000	$85,000	2439	9
18050 Tualata Ave	Detached	$915,000	$985,675	2835	4
17601 Woodhurst Pl	Detached	$1,125,000	$1,125,000	3179	$4
2671 Glen Eagles Rd	Detached	$1,225,000	$1,225,000	4019	4
16364 Ivy Ln	Detached	$1,595,000	$1,425,950	4862	282
2230 Wembley Park Rd	Detached	$1,785,000	$1,785,000	4607	36

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.

April 3, 2021September 11, 2022

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

March 26, 2021

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

March 19, 2021April 18, 2021

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)

March 13, 2021

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

March 6, 2021May 1, 2021

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

March 6, 2021September 11, 2022

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