News & Notes ~ Dec 2020 Year-End Report

Here is your look at the most recent data for the entire Portland area (Dec2020 + Year-End) and how Lake Oswego fits in to this picture just below.

Overview/Fluctuations ~  Market Data Dec 2020:                                    

Inventory is now at a stunning 0.8 months of supply in the Portland area. So… still lower than its  ever been and getting lower, apparently, with Buyers out en force competing over existing  Properties for sale.  Rates right now are hovering at or a little under 3.0%.                                                                                                              

The twelve months of 2019 compared to 2020:

New Listings, (38,442) decreased 5.2%.  Pending Sales (32,849) increased 7.9%, and Closed Sales (32,031) increased 7.8%.  

By Comparison, Twelve months of 2018 as compared to 2019 from last year’s December report read: New Listings (40,579) decreased 1.7%, Pending Sales (30,430) increased 2.1% and Closed Sales (29,700) decreased 0.2%.                                                         

According to the RMLS Market Action Report  for the Portland Metro Area, Dec. 2020:

  • There were 1,740 New Listings in Dec 2020 increased 37% from Dec of 2019’s 1,270,  and decreased a whopping 22.3% from the previous month/Nov’s 2,238.
  • At 2,789, Dec 2020’s Closed Sales are up 26% from Dec 2019’s 2,213, and also up 1.6% from the previous month/Nov 2020’s total of 2,745
  • At 2,003, Dec 2020’s Pending Sales are up 13% from Dec 2019’s 1,772, and dropped 21.7% from the previous month/Nov 2020’s total of 2,557.
  • The Average Sale Price in Dec 2020 of $514,000 is up $56,300 from last year/Dec2019’s $457,700, and down $7,200 from the previous month/Nov 2020’s $521,200.   YTD increase is 7.6%.
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Dec 2020 of $455,000 rose from last year/Dec2019’s $405,000 by $50,000, and decreased 2,000 from the previous month/Nov 2020’s $457,000. YTD increase is 7.3%.

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of December 2020 reported:

  •  114 Active Listings (Nov 177) (Dec 2019: 223)
  • 73 New Listings     (Nov 104) (Dec 2019: 50)
  •  110 Pending Sales  (Nov 106) (Dec 2019: 70)
  •  137 Closed Sales    (Nov 166) (Dec 2019: 107)
  • Average Sale Price for Dec: $845,700  (Nov $822,000) (Dec 2019: $732,400)
    • 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.
  •  60 Average Days on the Market   (Nov 50)

Market Activity ~ Jan 11-17, 2021

Last week Lake Oswego saw 6 properties enter the market, 19 proceed to Pending status, and 20 Closed/Sold. Right now there are a whopping 64 beautiful properties available in Lake Oswego.

NEW Jan 11-17, 2021

AddressList Price# Beds# BathsTotal SFProp Type
1790 CONIFER DR$539,000211003DETACHD
116 MIDDLECREST RD$1,390,000432545DETACHD
3555 LAKE GROVE AVE$1,535,00042.13433DETACHD
2230 WEMBLEY PARK RD$1,785,00054.14607DETACHD
1688 LESLIE LN$1,898,00044.15540DETACHD
13585 GOODALL RD$1,900,00043.14282DETACHD

PENDING Jan 11-17, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
45 EAGLE CREST DR  #210$199,00011780CONDO23
47 EAGLE CREST DR  #50$210,00021932CONDO37
4000 CARMAN DR, C49$315,00021.11004CONDO5
241 CERVANTES / Upper$400,000221382CONDO3
16 AQUINAS ST$525,00032.11720DETACHD1
13777 REGENCY CT$585,000222015DETACHD24
18975 OLSON AVE$600,000633569DETACHD5
1427 GREENTREE CIR$605,000322239DETACHD5
4515 OAKRIDGE RD$685,00032.11981ATTACHD54
1202 SPRUCE ST$735,00022.11706DETACHD84
6 YORICK ST$799,950533116DETACHD83
5322 CARMAN GROVE LN$849,90032.12615DETACHD65
17160 WALL ST$850,000433246DETACHD2
730 8TH ST$865,000432395DETACHD4
5775 DOGWOOD DR$1,679,00043.14003DETACHD3
13594 GOODALL RD$1,700,00044.13732DETACHD320
17313 BLUE HERON RD$1,968,00043.13454DETACHD431
1188 CHERRY CIR$2,198,00056.18772DETACHD550
13600 GOODALL RD$2,460,00066.16612DETACHD206

SOLD Jan 11-17, 2021

AddressOpening PriceClose Price# Beds# BathsTotal SFProp TypeCDOM
30 OSWEGO SMT, Bldg 4$198,500$197,00011700CONDO78
4 TOUCHSTONE  #85$219,000$197,45032.11351CONDO47
4000 CARMAN DR  #79$270,000$257,00022993CONDO53
2061 BONNIEBRAE DR$405,000$390,00032.11687ATTACHD27
16342 KIMBALL ST$525,000$498,00031.11250DETACHD70
1101 HEMLOCK ST$589,875$579,90032.12213DETACHD137
15677 FIELDSTONE DR$798,950$650,00032.12527DETACHD156
18150 BRYANT RD$590,000$650,000321468DETACHD8
314 2ND ST$740,000$725,00033.11815CONDO38
1604 COUNTRY CLUB RD$800,000$760,00043.13878DETACHD34
17970 MEADOWLARK LN$899,000$926,250433640DETACHD1
2349 OAKHURST LN$935,000$950,00042.13548DETACHD8
14144 GOODALL RD$950,000$972,000533701DETACHD157
14521 UPLANDS DR$1,150,000$1,150,000433520DETACHD0
5087 LAKEVIEW BLVD$1,200,000$1,200,00043.12957DETACHD0
488 7TH ST$1,395,000$1,395,00032.12801DETACHD0
17677 WESTVIEW DR$1,699,000$1,640,00054.15531DETACHD115
2510 WEMBLEY PARK RD$1,895,000$1,820,00043.14868DETACHD65
1287 CHERRY LN$2,595,000$2,630,00054.15312DETACHD110
13201 KNAUS RD$3,500,000$3,000,000433300DETACHD0

Cool Stuff is Happening at the Library!

I say cool stuff is happening at the library, but in the time of Covid it is happening via zoom and on line. I really have to give a round of applause to the staff at the library because they have come up with some awesome options to keep readers engaged. At a time when we are spending more time at home, and really needing options to keep us busy, these programs are pretty terrific.

Multicultural Children’s Book Day

Watch videos of members of the community reading children’s books in different languages. Get recommendations for books to read that will educate about different cultures. This program honors the similarities and differences that make our community shine. For more information visit www.lakeoswego.city/library/mcbd.

A Bookish Affair

This is a book group that is devoted to romance novels. They read one book per month. To get involved you can email Shannon Dickinson at sdickinson@lakeoswego.city. You can also download the podcast at “A Bookish Affair” from all of the usual places that podcasts are found.

Cook The Books Book Group

This book group is all about food! It meets via zoom on Tuesdays at 4pm. Each week features a new theme. Folks get together to share recipes and talk about food. It’s pretty much a big recipe exchange. You can register at www.lakeoswego.city/library/cook-books-virtual-book-group where you’ll get a meeting link and a password.

LOPL Trivia

Join librarians for a family-friendly virtual game of trivia. Thursdays at 7pm. This sounds like a lot of fun! Registration is required. Go to www.lakeoswego.city/library/remote.

Personalized Reading Recommendations

Fill out a reading profile and librarians will use your answers to create a customized reading list just for you. For adults, go to www.lakeoswego.city/library/webforms/ten-ten-personalized-recommendations. For kids, go to www.lakeoswego.city/kids/you-need-read-weve-got-books. All books are loaned via curbside pickup and are quarantined before being loaned out again.

Lake Oswego Reads

Our library is just such a tremendous resource to our city! With all of this going on, I want to end this post by pointing out the Lake Oswego Reads is happenning right now. Citywide, the community is reading Caste by Isabel Wilkerson. There are many events associated with LO Reads. Find details at www.ci.oswego.or.us/loreads.

Happy Reading!

Market Activity ~ Dec 14, 2020-Jan3, 2021

Welcome to 2021!

Dianne and I hope this finds you well and happy, and that you and yours have been able to enjoy some cozy holiday time.

Now we’re moving into 2021. Our report this week is covering the 3-week period during the holidays. Only 3 properties braved entering the market during that time, and/but 32 properties moved into Pending status, and a whopping 48 Sold/Closed.

Here’s the breakdown for you:

NEW Dec 14, 2020-Jan 3, 2021

AddressList Price# Beds# BathsTotal SFProp Type
45 EAGLE CREST DR  #210$199,00011780CONDO
72 NANSEN SMT$1,369,00042.14485DETACHD
14080 GOODALL RD$2,395,00054.26005DETACHD

PENDING Dec 14, 2020-Jan 3, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
45 EAGLE CREST DR  #212$179,00011780CONDO90
7200 SW MONTAUK CIR / Grnd$219,90021968CONDO3
4606 LOWER DR / Upper$260,00021.11170CONDO32
4000 CARMAN DR  #79$270,00022993CONDO53
3812 BOTTICELLI ST$319,995321194CONDO41
4047 JEFFERSON PKWY$330,00032.11228CONDO1
2061 BONNIEBRAE DR$397,50032.11687ATTACHD27
5 SUMMIT RIDGE CT$415,00022.11576ATTACHD101
43 ORIOLE LN$475,000221810DETACHD78
937 COUNTRY CLUB RD$478,400211650DETACHD91
5859 KENNYCROFT WAY$499,90031.11205DETACHD4
18964 REDWING WAY$549,95031.11406DETACHD24
18150 BRYANT RD$590,000321468DETACHD8
4380 DOUGLAS WAY$599,950321364DETACHD62
3595 UPPER DR$629,000421725DETACHD4
17012 CRESTVIEW DR$699,000542750DETACHD4
4584 TRILLIUM WOODS$724,90032.12179ATTACHD44
151 C AVE$775,00022.11934ATTACHD112
4890 SAGE HEN CIR$789,90042.12832DETACHD74
252 GREENWOOD RD$824,900523834DETACHD5
5228 LOWER DR$839,95032.12723DETACHD101
5590 LUCE LN$950,000543374DETACHD6
6 ESSEX CT$998,000444338DETACHD42
2591 PALISADES CREST DR$1,160,00032.14916DETACHD110
6407 MISSION CT$1,239,00043.13623DETACHD1
18460 RAY RIDGE DR$1,249,00042.13769DETACHD34
18024 EASTRIDGE LN$1,289,00053.13781DETACHD580
1200 LAKE GARDEN CT$1,295,000433347DETACHD16
17680 Stafford RD$1,299,00052.13804DETACHD185
978 10TH ST$1,449,000332578DETACHD25
1111 C AVE$1,469,00043.13354DETACHD
3509 LANEWOOD ST$1,800,000443830DETACHD114

SOLD Dec 14, 2020-Jan 3, 2021

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
44 EAGLE CREST DR  #17$199,900$185,00011798CONDO16
200 BURNHAM RD  #303$257,000$242,132211200CONDO144
20 CERVANTES CIR$290,000$260,00021.1912CONDO30
45 EAGLE CREST DR  #100$295,000$280,000321537CONDO18
71 CONDOLEA WAY$425,000$415,000332131CONDO88
1402 PARRISH ST$469,000$445,00032.11863CONDO83
13679 JOHNSON TER$515,000$514,86021917DETACHD6
14402 SHERBROOK PL$530,000$515,00032.11976DETACHD43
6270 Shakespeare ST$495,000$527,000311009DETACHD3
4362 GALEWOOD ST$558,000$543,00032.11684DETACHD25
69 CONDOLEA TER$555,000$549,65022.12262CONDO100
29 WALKING WOODS DR$579,900$579,900322311DETACHD71
5204 ROSEWOOD ST$599,000$621,00032.11683DETACHD3
621 9TH ST$649,000$654,000222214DETACHD11
14 INDEPENDENCE AVE$684,900$660,000533296DETACHD191
17950 MEADOWLARK LN$649,000$675,000532727DETACHD97
18863 INDIAN SPRINGS RD$699,900$700,000432001DETACHD2
1227 ASH ST$700,000$717,000322151DETACHD4
9 SPINOSA$725,000$725,00022.12250DETACHD29
19 WESTRIDGE DR$765,000$745,00042.13711DETACHD28
2395 GREENTREE RD$779,900$750,00052.12777DETACHD15
5722 SOUTHWOOD DR$765,000$776,00042.12919DETACHD3
619 CLARA CT$789,000$789,00042.12958DETACHD0
2765 GLEN HAVEN RD$749,900$790,00042.12277DETACHD5
5338 ROYAL OAKS DR$819,000$800,00042.12720DETACHD67
20 Nansen Summit$749,900$800,00043.13768DETACHD2
13456 PROVINCIAL HILL WAY$840,000$805,00032.13071DETACHD69
6435 MCDUFF CT$975,000$890,00053.13424DETACHD65
14218 KIMBERLY CIR$916,500$899,50042.13272DETACHD22
5239 MADRONA ST$885,000$905,000332881DETACHD4
49 HILLSHIRE DR$939,900$915,00043.14268DETACHD113
17215 LOWENBERG TER$995,950$925,00042.12934DETACHD89
2934 TOLKIEN LN$974,800$985,00053.13851DETACHD11
1816 PALISADES LAKE CT$1,200,000$1,025,00032.14598DETACHD104
16791 SYLVAN CT$1,075,000$1,100,00053.14137DETACHD1
2148 Summit DR$1,295,000$1,157,50052.13883DETACHD104
13768 KNAUS RD$1,180,000$1,200,000322480DETACHD4
18375 RIVER EDGE LN$1,185,000$1,265,00042.13512DETACHD51
3131 WEMBLEY PARK RD$1,395,000$1,325,00043.13597DETACHD147
18020 MEADOWLARK LN$1,350,000$1,345,000544217DETACHD4
629 5TH ST$1,475,000$1,365,00042.12985DETACHD64
14005 GOODALL RD$1,800,000$1,500,00043.14809DETACHD207
490 G AVE$1,450,000$1,507,60043.12977DETACHD1
16877 CANYON DR$1,629,900$1,633,086443771DETACHD21
16881 CANYON DR$1,629,900$1,636,986443854DETACHD4
527 NORTHSHORE RD$1,800,000$1,744,000322433DETACHD20
1037 LAKE FRONT RD$2,100,000$2,100,000332700DETACHD0
961 TERRACE DR$2,899,000$2,460,00054.26016DETACHD213

Market Activity Dec 7-13, 2020

Last week in Lake Oswego sales remainded strong. 24 houses received offers that were accepted and 18 properties sold with finalized sales. New inventory remained low at just 6 new listings.

See below for RMLS details

New on the Market Dec 7-13, 2020

AddressTypePriceBRBathsSq Ft
47 Eagle Crest Dr #50Condo$210,00021932
18964 Redwing WayDetached$549,95031.51406
6126 Frost LnDetached$765,000532497
252 Greenwood RdDetached$824,900523834
5513 Rachel LnDetached$1,049,00042.53335
701 4th StDetached$1,499,00032.52885

Pending Sales Dec 7-13, 2020

AddressTypePriceBRBathsSq FtCDOM
30 Oswego SummitCondo$198,5001170078
750 1st St #26Condo$350,00022135020
16191 Lake Forest BlvdDetached$424,999318644
16342 Kimball StDetached$495,00031.512506
1225 Lee StDetached$511,00031.510561
14150 Goodall RdDetached$525,0003217453
1101 Hemlock SStDetached$574,90032.5221326
4380 Douglas WayDetached$599,95032136419
18861 Indian Springs CircleDetached$635,0003216492
15677 Fieldstone DrDetached$688,00032.52527156
4984 Bilford LnDetached$725,00032.5262935
2679 Glen Eagles RdDetached$729,9003323786
1771 Campus WayDetached$738,0003332773
2765 Glen Haven RdDetached$749,90042.522775
6123 Frost LnDetached$759,90042.5233121
803 Clara CtDetached$850,0004328863
17970 Meadowlark LnDetached$899,0004336401
18064 Jenifers WayDetached$899,90053296544
17596 Green Bluff DrDetached$959,90042.5303926
5055 Lakeview BlvdDetached$1,298,00043.5360728
961 Terrace DrDetached$2,495,00054.5+.5601696
1287 Cherry LnDetached$2,595,00054.55212110
2950 Lakeview BlvdDetached$2,750,00043.54299190
16649 Maple CircleDetached$2,969,000432714113

Closed/Sold Dec 7-13, 2020

AddressTypeList PriceSold PriceSq FtCDOM
48 Eagle Crest 5ECondo$269,000$249,0001442103
16250 Pacific Hwy #77Condo$289,900$259,0001,327257
3433 McNary Pkwy #804Condo$269,900$260,0001136103
65 Oswego SummitCondo$274,900$260,00011404
4107 Jefferson PkwyCondo$329,000$325,000150732
5626 Fernbrook WayDetached$511,000$489,000125059
17020 Denny CtDetached$650,000$525,0001704150
17297 Bryant RdDetached$575,000$550,000142811
13 Walking Woods DrDetached$515,000$556,00021304
17879 Hillside DrDetached$849,999$630,0003149271
18225 SW 65th AveDetached$799,000$747,000221037
3125 Alber Sring CtDetached$1,198,000$1,0654308195
16291 Bonaire AveDetached$1,096,660$1,09632400
6441 Mission CtDetached$1,165,000$1,165320124
3920 Upper DrDetached$1,595,000$1,4253800$115
15532 Village DrDetached$1,599,000$1,545344647
4165 Childs RdDetached$1,549,000$1,549331011
15607 Village DrDetached$2,589,000$2,2005407525

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 ~ Nov 2020 Numbers

Here is your look at the most recent data for the entire Portland area (Nov2020) and how Lake Oswego fits in to this picture just below.

Overview/Fluctuations ~  Market Data Nov 2020:                                  

Inventory is now at 1.0 months of supply here, locally. The lowest it’s ever been. All forecasts are for continued increases in home sales and prices, though more modestly than 2020. Prediction #’s vary among economists. National Association of Realtors (NAR) is predicting a 7.3% increase in sales  nationally in 2021. Interest rates are still hovering around 2.875% but are expected to rise, albeit not dramatically. One very interesting item I noted from the NAR information is that nationally,  1 in 6 home purchases is now “multi-generational”. So, how we live is changing in many ways:  People are looking for more space to work from home, and generations are moving in together. There is generally more up-sizing than down-sizing going on.

According to the RMLS Market Action Report  for the Portland Metro Area, Nov. 2020:

  • There were 2,238 New Listings in Nov 2020 increased 5.7% from Nov of 2019’s 2,118,  and decreased a whopping 36.3% from the previous month/Oct’s 3,515.
  • At 2,745, Nov 2020’s Closed Sales are up 12.4% from Nov 2019’s 2,191, and decreased 13.0% from the previous month/Oct 2020’s total of 3,155
  • At 2,557, Nov 2020’s Pending Sales are up 12.4% from Nov 2019’s 2,274, and dropped 20.1% from the previous month/Oct 2020’s total of 3,199.
  • The Average Sale Price in Nov 2020 of $521,200 is up $58,600 from last year/Nov 2019’s $462,600, and is up $4,700 from the previous month/Oct 2020’s $516,500.   YTD increase is 7.1%.
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Nov 2020 of $457,000 rose from last year/Nov2019’s $415,000 by $42,000, and decreased $3,000 from the previous month/Oct 2020’s $460,000. YTD increase is 6.8%.

Neighborhoods: November’s Average Sale Price + 12-month Appreciation:

  • North Portland:  $480,600              6.2%   (Oct $450,300) YTD Median: $431,000
  • NE Portland:  $508,700                    5.0%   (Oct $531,200) YTD Median: $455,000
  • SE Portland:  $478,200                    8.1%   (Oct $477,300) YTD Median: $409,000
  • Gresham/Troutdale:   $425,200    5.2%   (Oct $412,900) YTD Median: $378,000
  • Milwaukie/Clackamas: $510,700 7.7%   (Oct $512,100)  YTD Median: $450,000
  • Oregon City/Canby:   $506,300    6.5%  (Oct $511,300) YTD Median: $440,500
  • Lake Oswego/W Linn:$822,000 10.9%  (Oct $756,600) YTD Median: $645,000
  • West Portland:    $650,400              5.1%   (Oct $685,900) YTD Median: $550,000
  • NW Wash County:  $578,900        6.2%  (Oct $595,600) YTD Median: $527,500
  • Beaverton/Aloha:     $449,100        5.2%  (Oct $451,200)  YTD Median: $417,000
  • Tigard/Wilsonville:   $528,200       9.5%  (Oct $516,700) YTD Median: $479,000
  • Hillsboro/Forest Grove: $444,400 5.6%  (Oct $445,600)YTD Median: $410,000

LAKE OSWEGO:

  • The combined areas of Lake Oswego and West Linn  for  the month of November 2020 reported:
    •  177 Active Listings (Oct 213)
    •  104 New Listings     (Oct 197)
    •  106 Pending Sales   (Oct 193)
    •  166 Closed Sales       (Oct 173)
    • Average Sale Price for Nov: $822,000  (Oct $756,600)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    •  50 Average Days on the Market   (Oct 59)

Market Activity ~ Nov 30- Dec 6, 2020

This last week in Lake Oswego continues the trend we’ve been seeing of fewer homes being Listed (5) and more going Pending (17) & Sold (35). There are currently 106 homes available in Lake Oswego.

Here is a snapshot in time according to RMLS:

NEW: Nov 30-Dec 6, 2020:

AddressList Price# Beds# BathsTotal SFProp Type
1599 OAK ST$664,90042.12468DETACHD
2145 SUMMIT DR$1,000,00042.23111DETACHD
6485 MISSION CT$1,165,00043.13133DETACHD
18460 RAY RIDGE DR$1,249,00042.13769DETACHD
1200 LAKE GARDEN CT$1,400,000433347DETACHD

PEN: Nov 30-Dec 6, 2020:

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
44 EAGLE CREST DR #17$199,90011798CONDO16
200 BURNHAM RD #303$253,000211200CONDO144
4640 LOWER DR / Upper$279,90021.21170CONDO11
5071 TUALATA LN$584,900331540DETACHD22
17104 CANAL CIR$650,000321416DETACHD36
17095 WESTVIEW DR$664,900433354DETACHD32
5338 ROYAL OAKS DR$819,00042.12720DETACHD67
13456 PROVINCIAL HILL WAY$840,00032.13071DETACHD69
49 HILLSHIRE DR$909,90043.14268DETACHD113
1816 PALISADES LAKE CT$1,150,00032.14598DETACHD104
13310 FOX RUN$1,150,00043.13741DETACHD1006
18020 MEADOWLARK LN$1,350,000544217DETACHD4
490 G AVE$1,450,00043.12977DETACHD1
1111 C AVE$1,469,00043.13354DETACHD
4165 Childs RD$1,549,90032.13310DETACHD11
587 2ND ST / Upper$1,575,00022.12250CONDO40
4357 SOUTHSHORE BLVD$2,945,00055.15220DETACHD152

SLD: Nov 30-Dec 6, 2020

AddressOpening PriceClosed PriceBedBathTotal SFProp TypeCDOM
344 CERVANTES CIR/Grnd$223,000$223,00021.1921CONDO5
16377 KIMBALL ST$389,000$360,000311200DETACHD6
31 GREENRIDGE CT$430,000$425,00032.12012ATTACHD95
16246 PARKER RD$479,900$480,000321280DETACHD7
18275 TERRY CT$439,900$490,00031.11270DETACHD196
16242 INVERURIE RD$519,000$526,200321687DETACHD3
1705 CONIFER DR$539,000$535,00031.11850DETACHD11
77 GREENRIDGE CT$584,900$571,00032.12190ATTACHD11
769 4TH ST$499,000$586,000412000DETACHD4
15500 BOONES WAY$535,000$590,000321309DETACHD5
3102 DUNCAN DR$799,000$670,00043.13910DETACHD113
880 WOODWAY CT$700,000$670,000433800DETACHD30
221 HIDALGO ST$710,000$679,00032.12660DETACHD35
4045 MELISSA DR$758,000$690,00042.12529DETACHD40
15988 WHITE OAKS DR$785,000$710,00042.12854DETACHD41
4113 WOOD HILL CT$745,000$710,000432810DETACHD34
13881 SHIREVA DR$695,000$720,000432392DETACHD3
17841 WESTVIEW DR$739,000$720,00042.12434DETACHD20
634 CARRERA LN$750,000$740,00042.13282DETACHD4
1702 HIGHLAND DR$779,000$744,00032.12175DETACHD32
13947 MAJESTIC CT$799,900$805,00043.12822DETACHD3
15655 FIELDSTONE DR$830,000$830,00042.12781DETACHD2
13217 FOX RUN$868,000$831,000432706DETACHD40
19245 MEGLY CT$899,000$899,000533490DETACHD41
13745 CAMEO CT$999,500$910,000442846DETACHD78
4297 ALBERT CIR$999,995$920,00032.12335DETACHD69
5690 BAY CREEK DR$969,000$950,00042.13268DETACHD4
15930 TWIN FIR RD$995,000$970,00032.12620DETACHD82
2900 UPPER DR$1,040,000$977,500322272DETACHD66
3180 DOUGLAS CIR$1,475,000$1,240,00052.24768DETACHD496
13615 KNAUS RD$1,995,000$1,858,00043.14294DETACHD56
1588 VIEW LAKE CT$1,995,000$1,995,00042.24429DETACHD4
16865 GREENBRIER RD$2,695,000$2,200,000556404DETACHD101
4321 Southshore BLVD$3,950,000$3,756,70054.16731DETACHD118
1415 CHANDLER RD$4,250,000$3,862,50064.27054DETACHD87

A Season of Caring

Winter in general can be a challenging time. Daylight is short and the temperature outside is COLD. For those in need, it’s got to be the very difficult. In Lake Oswego there are several ways that you can help.

Shop with a Cop

Shop with a cop pairs police officers with children. They go shopping together for items that the child needs. This year, because of Covid, volunteers are doing the shopping and police officers will deliver the purchased items to children’s homes. You can make a donation at www.ccpobf.org/about/make-a-donation.html. This event ends on December 12th.

Personal Care Items

Personal hygene items such as toothpaste, toothbrushes, sun screen, disposable razors, diapers, deodorant, and shampoo can be dropped off at a donation barrel at City Hall, 380 A Avenue, South entrance vestibule. Donations can be dropped off at any time. New, unused items, please.

Hunger Fighters Oregon

A record number of people in Lake Oswego are in need of emergency food. Non-parishable food items can be donated at City Hall, 380 A Avenue. Donation barrels are located in the North vestibule fronting A Avenue or directly with Hunger Fighters, 2301 Hazel Rd, Lake Oswego. You can learn more by visiting www.hungerfightersoregon.org

School Supply Drive

The Rotary club of Lake Oswego is collecting school supplies in conjunction with the Lake Oswego School Foundation and district counselors. Back packs have already been generously donated and now is the time to fill them up! The Rotary is looking for monetary donations. Money will be used to purchase basic school supplies and also to fund the gift card program that Rotary administers year around. You can make a donation at https://bit.ly/2IMnPeA or you can mail a donation to Rotary Club of Lake Oswego-School Supply Drive, P.O. Box 94, Lake Oswego, OR 97034.

Toy Drive

The Lake Oswego Fire Department and Library are accepting new, unwrapped toys to give to children. Toys will be distributed by the Tualatin Valley Elks Lodge. The toy drive ends December 11th. Until then toys can be dropped off at the the Lake Oswego Fire Department’s main station, 300 B Avenue, Lake Oswego or at the Library, 706 Fouth Street.

Thank you for spreading the love and good cheer!

Dianne

Happy Thanksgiving!

Linda and I want to wish you and yours a very Happy Thanksgiving. Even in these challenging times we have so much to be thankful for. We live in a great country that provides us with opportunities. We live in a great community that appreciates diversity and values all lives. We enjoy our family and friends, and even though we can not be close to them this year, we hold them close in our hearts.

Thanksgiving message with pumpkins on a blue background

Linda and I are giving thanks for you, our readers. We appreciate that you take the time to read the blotter and that you are as eager to learn about real estate as Linda and I are eager to share.

There will not be a market activity report this week. Next week’s report will combine two weeks: last week and this.

Enjoy the holiday!

Market Activity ~ Nov 9-15, 2020

Last week in Lake Oswego we saw 7 New properties hit the market, 21 move to Pending status, and 29 transactions Close. Here is the breakdown according to RMLS:

NEW 11/9-15, 2020 :

AddressList Price# Beds# BathsTotal SFProp Type
3812 BOTTICELLI ST$319,995321194CONDO
17297 BRYANT RD$575,000321428DETACHD
5071 TUALATA LN$595,900331540DETACHD
2349 OAKHURST LN$935,00042.13548DETACHD
17596 GREEN BLUFF DR$959,90042.13039DETACHD
3250 WESTVIEW CT$1,200,00063.13928DETACHD
5055 LAKEVIEW BLVD$1,298,00043.13607DETACHD

PENDING 11/9-15, 2020 :

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
3433 MCNARY PKWY  #804$260,00022.11136CONDO103
20 CERVANTES CIR$275,00021.1912CONDO30
31 GREENRIDGE CT$425,00032.12012ATTACHD95
1402 PARRISH ST$449,00032.11863CONDO83
6270 Shakespeare ST$495,000311009DETACHD3
769 4TH ST$499,000412000DETACHD4
13 WALKING WOODS DR$515,000322130DETACHD4
14402 SHERBROOK PL$530,00032.11976DETACHD43
4362 GALEWOOD ST$558,00032.11684DETACHD25
14 INDEPENDENCE AVE$684,900533296DETACHD191
1227 ASH ST$700,000322151DETACHD4
20 Nansen Summit$749,90043.13768DETACHD2
19 WESTRIDGE DR$749,90042.13711DETACHD19
5722 SOUTHWOOD DR$765,00042.12919DETACHD3
6435 MCDUFF CT$899,90053.13424DETACHD65
17215 LOWENBERG TER$935,00042.12934DETACHD89
14144 GOODALL RD$950,000533701DETACHD157
2900 UPPER DR$995,000322272DETACHD66
6 ESSEX CT$998,000444338DETACHD4
3125 ALBER SPRING CT$1,098,00033.14308DETACHD195
18375 RIVER EDGE LN$1,185,00042.13512DETACHD51

SOLD 11/9-15, 2020:

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
92 CERVANTES CIR$205,000$205,00021.1912CONDO36
4 TOUCHSTONE  #70$279,950$209,75032.11351CONDO136
320 CERVANTES CIR, #12B$209,900$209,90021832CONDO3
15938 QUARRY RD,  B4$225,000$235,00021996CONDO2
5225 JEAN RD  #505$255,000$265,000221100CONDO2
45 EAGLE CREST DR  #401$285,000$272,000321348CONDO40
15486 Brianne CT$375,000$355,00022.11246ATTACHD8
4401 THUNDER VISTA LANE LN$395,000$365,00022.11980CONDO89
4347 SILVER CT$445,000$429,00032.11844CONDO44
12 SAINT HELENS CIR$525,000$525,000321780DETACHD29
19167 LONGFELLOW AVE$525,000$544,000321782DETACHD6
4862 INDIAN CREEK CT$534,900$555,000321390DETACHD4
3595 TEMPEST DR$615,000$615,000322126DETACHD34
1427 ASPEN ST$635,000$625,000422319DETACHD15
39 TOUCHSTONE$749,900$650,000433400DETACHD39
4430 GALEWOOD ST$649,000$661,00032.12078DETACHD4
2734 SW ORCHARD HILL LN$699,000$701,000432800DETACHD5
312 4TH ST$710,000$710,00022.11731ATTACHD22
40 CONDOLEA CT  /  Main$775,000$725,000332958CONDO34
13453 STREAMSIDE DR$839,000$792,00032.12932DETACHD5
12730 ADRIAN CT$835,000$815,00042.12952DETACHD74
5682 CHARLES CIR$839,000$839,000433052DETACHD3
14527 RAINBOW DR$895,000$862,000533339DETACHD33
17641 BROOKHURST DR$989,000$995,00042.13470DETACHD5
14361 EDENBERRY DR$1,100,000$1,075,00043.13760DETACHD3
900 FAIRWAY RD$1,195,000$1,083,00053.13508DETACHD106
2701 GLEN HAVEN RD$1,085,000$1,125,000323134DETACHD3
18008 GREENBLUFF DR$1,849,000$1,550,00033.14402DETACHD179
13490 FIELDING RD$3,398,000$3,070,00056.18286DETACHD141