Market Activity ~ July 31 – Aug 6, 2017

Last week saw 22 New properties enter the market in Lake Oswego, 20 move to Pending status, and 18 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (July 31- Aug 6, 2017)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #51 $149,899 1 1 617 CONDO
33 OSWEGO SMT $189,000 1 0.1 764 CONDO
1675 HALLINAN ST $549,900 3 2.1 2450 DETACHD
720 BRIERCLIFF LN $559,900 3 3 2152 DETACHD
5110 ROSEWOOD ST $624,900 3 2.1 2464 DETACHD
18410 DEERBRUSH AVE $659,000 4 2.1 2246 DETACHD
43 BECKET ST $700,000 4 3.1 3689 DETACHD
18000 WESTMINSTER DR $725,000 4 2.1 2679 DETACHD
4948 HAMPTON CT $867,000 2 3.1 3434 DETACHD
1755 KILKENNY RD $874,900 4 3 3164 DETACHD
2715 GLEN EAGLES RD $950,000 4 2 2500 DETACHD
2025 WEMBLEY PARK RD $999,999 3 2.1 2700 DETACHD
5702 MEADOWCREEK CT $1,059,000 4 3.1 3146 DETACHD
13597 ROGERS RD $1,199,000 4 4 3945 DETACHD
3867 SOUTHSHORE BLVD $1,299,995 5 4 3622 DETACHD
610 9TH ST $1,349,000 4 3.1 4021 DETACHD
2230 WEMBLEY PARK RD $1,595,000 5 4.1 4597 DETACHD
17775 KELOK RD $1,669,000 4 2.1 2882 DETACHD
939 LAKE FRONT RD $1,999,000 5 4 4106 DETACHD
18475 CRESTLINE DR $2,180,000 4 4.1 4740 DETACHD
17502 BLUE HERON DR $2,395,000 5 3.1 4996 DETACHD
1495 OAK TER $2,795,000 4 4 3983 DETACHD

PENDING SALES (July 31- Aug 6, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #8 $180,000 2 1 932 CONDO 17
4 TOUCHSTONE #125 $199,000 2 2 1000 CONDO 4
2 OSWEGO SMT $199,500 1 1 869 CONDO 7
226 RIDGEWAY RD #226 $265,000 1 1 756 CONDO 37
1232 CORNELL ST $349,950 3 1 1536 DETACHD 63
1198 BOCA RATAN DR $375,000 2 2.1 1729 ATTACHD 40
17710 HILL WAY $429,900 3 2 1637 DETACHD 16
14338 ORCHARD SPRINGS RD $525,000 5 3 2238 DETACHD 4
1580 WOODLAND TER $599,900 3 2.1 2430 DETACHD 25
35 Westridge DR $599,950 5 3 3308 DETACHD
75 TANGLEWOOD DR $629,900 4 3.1 4914 DETACHD 7
11 DEL PRADO ST $639,000 4 2.1 2893 DETACHD 24
17125 FERNWOOD DR $674,900 4 3 2688 DETACHD 40
1611 HIGHLAND DR $685,000 4 2.1 2652 DETACHD 16
662 7TH ST $750,000 3 2 1461 DETACHD 11
14370 PFEIFER DR $810,000 4 2.1 3318 DETACHD 19
4991 CASCARA LN $825,000 4 3.1 3648 DETACHD 74
17376 BERGIS FARM DR $1,069,000 4 3.1 4396 DETACHD 315
4256 LAKEVIEW BLVD $1,749,000 5 3.1 3117 DETACHD 16
14733 Uplands DR $2,150,000 6 5.3 7694 DETACHD 389

SOLD (July 31- Aug 6, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
48 EAGLE CREST DR #1E $229,900 $226,000 2 2 1370 CONDO 6
1819 BOCA RATAN DR $335,000 $335,000 3 2 1405 ATTACHD 18
327 LAUREL ST $450,000 $450,000 2 2 2520 DETACHD 0
13296 VERMEER DR $459,999 $460,000 3 2.1 1860 DETACHD 3
16444 ASTOR AVE $479,900 $499,000 3 2 1746 DETACHD 4
1311 PINE ST $550,000 $550,000 3 3 2150 DETACHD 16
539 2ND ST/Ground $559,000 $559,000 2 2 1240 CONDO 0
6 MONTICELLO DR $675,000 $627,500 3 3 3020 DETACHD 21
762 MAPLE ST $715,000 $715,000 3 2.1 2340 DETACHD 11
22 INDEPENDENCE AVE $750,000 $740,000 5 4 4138 DETACHD 93
5332 LOWER DR $795,000 $790,000 4 2.1 2600 DETACHD 84
16872 QUAIL CT $849,900 $790,300 3 3.1 3173 DETACHD 399
5088 WOODCREST LN $814,500 $813,500 4 2.1 3183 DETACHD 4
4350 ALBERT CIR $875,000 $875,000 5 3.1 3175 DETACHD 9
5347 DENTON DR $948,000 $950,000 4 2.1 3240 DETACHD 23
4 DOVER WAY $1,000,000 $970,000 5 2.1 3962 DETACHD 36
199 FURNACE ST/Upper $1,995,000 $1,935,000 3 3.1 5772 CONDO 51
951 ATWATER RD $3,100,000 $3,100,000 6 5.1 10072 DETACHD 108

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.

Local Grocery Stores

A really common question I get when I work with buyers is “Where would I be able to buy groceries?” I am happy to say that if you buy a home in Lake Oswego you will have an abundance of choices.

Trader Joe'sSeriously, within the city limits of Lake Oswego there are 2 Safeways, an Albertsons, a Whole Foods 365 Market, a New Seasons, a Trader Joe’s, and a Zupan’s. And if you are willing to go about 2 miles outside of town there is a Fred Meyer’s, a Whole Foods, a Winco, and a Costco. Then if fresh and local produce is your desire, there is the Farmer’s Market that runs from May to October, and Parson’s produce stand that is nearly all year around.

Zupan’s
We are so fortunate to have so many choices. I think back to what was available when I was growing up and it really seems so limited. Today you can find ingredients to eat completely organic, vegan, nearly every style of cooking, and from nearly every country in the world, all in our local markets.

Zupan’s Poke Bar
What prompted me to write this post is that I have discovered the Poke bar at Zupan’s. I was introduced to Poke while in Hawaii about 10 years ago. I am huge fan of sushi but not necessarily of all of that white rice. Poke is raw cubed fish, usually tuna, that is the tossed with a dressing. There are lots of different versions some of which are hot and spicy, savory, creamy, just generally yummy. The Poke bar at Zupan’s is self serve next to the salad bar. They have about 6 flavors. It is just delicious.

As for sushi, I can find 4 different sushi restaurants within a mile of my house. Yes! I do love living here!
Dianne

Market Activity July 17-23, 2017

I read an article this past week that listed all 50 states according where the best place was to spend your summer. #4 was Oregon. It is pretty perfect. 80 degrees with a light breeze. I am just so enjoying it!

Last week in Lake Oswego there were 21 new listings, 23 properties that accepted offers and went pending, and 16 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (July 17-23, 2017)

Address Type Price BR Baths Sq Ft
47 Eagle Crest Dr #55 Condo $150,000 1 1 672
47 Eagle Crest Dr #17 Condo $185,000 2 1 932
458 S State St 2C Condo $235,000 2 1 800
13991 Majestic Ct Detached $399,900 3 2.5 1765
18552 Edgewood Ct Detached $410,000 3 1.5 1070
17710 Hill Way Detached $429,900 3 2 1637
5495 Tree St Detached $459,900 3 1.5 1388
18023 Tualata Ave Detached $463,750 3 1 1640
4 Bernini Ct Detached $659,900 4 3 3028
1611 Highland Dr Detached $685,000 4 2.5 2652
4336 Glacier Lily St Detached $699,990 4 2.5 $3,381
7050 Childs Rd Detached $749,000 3 2 2108
662 7th St Detached $750,000 3 2 1461
1885 Crest Dr Detached $768,000 4 2 2120
13644 Melrose Pl Detached $869,000 3 2.5 3564
15956 Parker Rd Detached $876,000 4 2.5 3200
14405 Pfeifer Dr Detached $969,900 5 3 3853
14045 Chelsea Dr Detached $1,169,000 4 4 4100
16193 Matthew Ct Detached $1,245,000 4 3.5+.5 3881
13912 Goodall Rd Detached $1,799,000 4 3.5+.5 4658
612 Ridgeway Rd Detached $2,895,000 4 4.5 4106

Pending Sales (July 17-23, 2017)

Address Type Price BR Baths Sq Ft CDOM
35 Crestfield Ct Condo $174,900 2 1 923 5
6480 Washington Ct Detached $250,000 1 1 35
10 Greenridge Ct Attached $325,000 3 1.5 2063 57
4430 Golden Ln Condo $449,000 3 3.5 2165 8
1220 Pine St Detached $467,500 4 2 2123 20
16444 Astor Ave Detached $479,900 3 2 1746 4
316 4th St Attached $585,000 2 2.5 1731 23
16580 Maple Circle Detached $585,000 4 1.5 2253 9
4 Icarus Loop Detached $585,000 4 2.5 2743 40
1580 Woodland Ter Detached $599,900 3 2.5 2430 9
2665 Glen Eagles Rd Detached $625,000 4 3 2640 25
4927 Hastings Dr Detached $699,900 4 2.5 2418 4
1161 Sunningdale Rd Detached $699,900 3 2.5 2324 20
139 Del Prado St Detached $749,000 3 2 2955 4
4707 Hastings Pl Detached $754,900 5 3.5 3025 51
350 6th St Detached $755,000 4 3 2329 76
14370 Pfeifer Dr Detached $810,000 4 2.5 3318 2
2886 Upper Dr Detached $828,900 4 3 2498 60
19177 Hill Top Rd Detached $1,099,000 5 3.5 4692 63
3519 Lake Grove Ave Detached $1,149,000 4 2.5 3119 47
18171 Bryant Rd Detached $1,198,000 3 2.5 2984 9
735 7th St Detached $1,225,000 3 3.5 3073 6
2383 Palisades Crest Dr Detached $1,320,000 5 3.5 4099 119

Sold/Closed (July 17-23, 2017)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd F202 Condo $169,000 $146,930 849 92
163 Oswego Summit Condo $254,900 $249,000 1,506 13
5056 Foothills Dr Condo $334,900 $324,900 1,252 7
16200 Pacific Hwy #15 Condo $329,900 $360,000 1190 13
117 3rd St #117 Condo $448,900 $460,000 1056 7
668 McVey Ave #31 Condo $484,900 $479,500 992 7
1041 Oxford Dr Detached $535,000 $525,000 2696 2
496 10th St Detached $850,000 $750,000 1854 27
1454 Glenmorrie Dr Detached $829,900 $768,500 3372 59
637 3rd St Attached $799,000 $775,500 2643 114
17364 Bryant Detached $819,000 $839,000 3043 3
570 Middlecrest Rd Detached $815,000 $850,000 2213 3
2375 Fernwood Circle Detached $899,900 $899,900 4183 23
14113 Amberwood Circle Detached $1,039,000 $991,000 3512 15
13571 Westlake Dr Detached $1,500,000 $1,330,000 4078 70
16793 Graef Circle Detached $2,250,000 $2,170,000 4680 105

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 ~ June 2017 Data

Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture below:

  • According to the RMLS Market Action Report for the Portland Metro Area, June, 2017:
    • There were 4,739 New Listings in June 2017 which was up 5.3% from June of 2016’s 4,501, and up 8% from May of 2017’s total of 4,388.
    • At 3,187, June Closed Sales were up .9% from June 2016’s 3,158, and also up 10% over the previous month/May 2017’s total of  2,896.
    • June Pending Sales (accepted offers), at 3,254 fell 4% from June of 2016’s 3,390, and 5.3% from the previous month/May 2017’s total of 3,435.
    • The Average Sale Price in June of $440,600 was up $28,600 from June 2016’s $412,000, and showed hardly any change from May 2017’s $440,200.                      
                            June Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $406,400                           8.4%
  • NE Portland:  $462,900                               10.2%
  • SE Portland:  $413,200                               10.2%
  • Gresham/Troutdale:   $342,900                 11.6%
  • Milwaukie/Clackamas:   $440,800             11.1%
  • Oregon City/Canby:   $402,000                   8.0%
  • Lake Oswego/West Linn:    $627,600          6.9%
  • West Portland:    $602,900                         12.1%
  • NW Washington County:    $514,200          11.0%
  • Beaverton/Aloha:     $373,800                   10.4%
  • Tigard/Wilsonville:    443,500                     5.7%
  • Hillsboro/Forest Grove:    $337,700          12.1%

The combined areas of Lake Oswego and West Linn  for the month of June 2017 reported:

    •  453 Active Listings   
    •  300 New Listings     
    •  176 Pending Sales   
    •  186 Closed Sales  
    • Average Sale Price for June: $627,600  
      • 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.
    • Average Time on the Market: 71 Days   

 

Market Activity ~ July 10-16, 2017

Last week saw 34 New properties enter the market in Lake Oswego, 24 move to Pending status, and 24 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (July 10-16, 2017)

Address List Price # Beds # Baths Total SF Prop Type
35 CRESTFIELD CT/Grnd $174,900 2 1 923 CONDO
47 EAGLE CREST DR/ #8 $189,000 2 1 932 CONDO
45 EAGLE CREST DR/ #415 $203,500 2 2 1056 CONDO
44 EAGLE CREST DR/ #16 $229,900 3 2 1085 CONDO
58 OSWEGO SMT/Main $238,500 2 2 1212 CONDO
4077 JEFFERSON PKWY $339,000 2 2.1 1462 ATTACHD
88 WHEATHERSTONE/Grnd $379,900 3 2.1 1692 CONDO
4430 GOLDEN LN $449,000 3 3.1 2165 CONDO
4971 SW LAKEVIEW BLVD $475,000 3 2 1433 DETACHD
16580 MAPLE CIR $585,000 4 1.1 2253 DETACHD
1580 WOODLAND TER $599,900 3 2.1 2430 DETACHD
2612 SW ORCHARD HILL LN $599,900 3 2 2576 DETACHD
3554 TEMPEST DR $625,000 3 2.1 2279 DETACHD
2 CREEKSIDE TER $634,900 4 2.1 2906 DETACHD
11 DEL PRADO ST $639,000 4 2.1 2893 DETACHD
4867 SAGE HEN WAY $645,000 4 2.1 2523 DETACHD
1642 HIGHLAND DR $649,900 4 3 2234 DETACHD
17808 CARDINAL PL $650,000 3 2 1870 DETACHD
768 7TH ST $674,900 3 2 1625 DETACHD
4361 SOUTHSHORE BLVD $695,000 5 3 2406 DETACHD
17064 REBECCA LN $699,900 4 2.1 2813 DETACHD
8 BECKET ST $700,000 4 6.1 6257 DETACHD
1422 ASH ST $700,000 4 3 2997 DETACHD
945 CUMBERLAND RD $730,000 4 3.1 2726 DETACHD
5822 BAY POINT DR $750,000 5 3.1 3202 DETACHD
1193 TROON RD $799,000 3 2.1 2546 DETACHD
5975 NEWCASTLE DR $849,900 4 2.1 3339 DETACHD
808 TIMBERLINE DR $850,000 4 2.1 2748 DETACHD
1579 BAY VIEW LN $1,150,000 5 3 4685 DETACHD
735 7TH ST $1,225,000 3 3.1 3073 DETACHD
18171 BRYANT RD $1,247,000 3 2.1 2984 DETACHD
827 8TH ST $1,375,000 5 3.1 3852 DETACHD
4256 LAKEVIEW BLVD $1,749,000 5 3.1 3117 DETACHD
1115 LAKE FRONT RD $1,995,000 4 4 4245 DETACHD

PENDING SALES (July 10-16, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 CERVANTES CIR $199,900 2 1.1 912 CONDO 3
4 TOUCHSTONE DR/ #124 $210,000 3 2.1 1350 CONDO 4
112 OSWEGO SMT/ #112 $227,000 2 2 1212 CONDO 3
209 CERVANTES/Lower $229,000 2 1.1 1216 CONDO 3
668 MCVEY AVE/ #55 $289,900 1 1 636 CONDO 44
4348 DOUGLAS WAY $397,500 2 2 1414 DETACHD 30
17480 HILL WAY $430,000 3 2 1268 DETACHD 26
1610 LARCH ST $475,000 3 2.1 1708 DETACHD 2
16242 INVERURIE RD $475,000 3 2 1687 DETACHD 33
668 MCVEY AVE/ #31 $484,900 3 1.1 992 CONDO 11
15275 BOONES WAY $499,000 2 2 1320 ATTACHD 3
23 FALSTAFF ST $520,000 3 2 1434 DETACHD 63
17610 WESTVIEW DR $520,000 5 3 2868 DETACHD 39
306 8TH ST $550,000 2 1.1 2236 DETACHD 4
17 MASARYK ST $650,000 4 3 4140 DETACHD 61
1258 HIDE A WAY LN $775,000 6 3.1 4219 DETACHD 53
2612 RIVENDELL RD $885,000 4 3 3168 DETACHD 9
1699 VILLAGE PARK LN $899,000 3 2.2 3342 DETACHD 48
5347 DENTON DR $948,000 4 2.1 3240 DETACHD 23
4060 WESTBAY RD $1,099,950 4 3.1 2738 DETACHD 2
3555 LAKE GROVE AVE $1,170,000 4 2.1 3433 DETACHD 38
17620 BLUE HERON DR $1,225,000 4 3 2466 DETACHD 23
870 TERRACE DR $1,275,000 5 3.1 4652 DETACHD 127
1066 NORTHSHORE RD $3,895,000 4 5.1 4169 DETACHD 34

SOLD (July 10-16, 2017)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY/ #20 $110,000 $114,500 1 1 617 CONDO 9
4 TOUCHSTONE/ #143 $220,000 $200,000 3 2.1 1351 CONDO 17
3990 CARMAN DR $244,900 $245,000 2 2.1 1098 CONDO 6
16200 PACIFIC HWY/ #9 $349,000 $370,000 2 2 1190 CONDO 3
16860 CORTEZ CT $379,900 $389,900 3 2 1056 DETACHD 3
30 BECKET ST $489,900 $492,500 3 2 2077 DETACHD 2
804 4TH ST $530,000 $550,000 3 1.1 1396 DETACHD 5
19026 INDIAN SPRINGS RD $570,000 $580,000 5 3 2971 DETACHD 4
5645 LA MESA CT $699,500 $665,000 4 3 2668 DETACHD 35
19531 RIVER RUN DR $700,000 $700,000 4 2.1 2440 DETACHD 0
19524 RIVER RUN DR $725,000 $720,000 4 2.1 2630 DETACHD 3
16 DEL PRADO ST $749,000 $735,000 4 2.1 2682 DETACHD 4
17532 OAK MEADOW LN $769,000 $769,000 5 3 3046 DETACHD 47
17517 OAK MEADOW LN $799,950 $840,000 4 2.1 2952 DETACHD 2
17549 OAK MEADOW LN $835,000 $850,000 4 3 3407 DETACHD 3
4081 PFEIFER CT $999,900 $940,000 5 3.1 4078 DETACHD 54
592 7TH ST $988,000 $943,000 2 3 2562 DETACHD 54
13599 MEADOWCREEK LN $1,059,000 $1,025,000 4 3.1 3170 DETACHD 216
1622 LESLIE LN $1,495,000 $1,425,000 5 3.2 5827 DETACHD 423
1251 FOREST MEADOWS WAY $1,575,000 $1,505,000 4 3.1 5071 DETACHD 11
1340 CHERRY LN $1,569,000 $1,569,000 4 4.2 5922 DETACHD 0
16645 GRAEF CIR $1,750,000 $1,750,000 4 4.1 3075 DETACHD 1
4423 West Bay RD $2,100,000 $2,025,000 4 3 2975 DETACHD 0
705 TERRACE DR $2,395,000 $2,200,000 4 3.1 3686 DETACHD 27

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.

LO Summer Concerts are Happening!


One of my very favorite events each summer is attending the free, outdoor summer concerts that the City of Lake Oswego offers in July and August. They are every Wednesday night. In July they go from 7-9 pm at Foothills Park. In August they move to Westlake Park and go from 6:30 to 8:30. They are free!

I like to show up at least half and hour or even an hour early, and I bring a picnic dinner. Getting there early increases the odds that you’ll get a seat a bit close to the stage. It’s a beautiful summer evening and the picnic dining is delightful. About the time the meal is finished the band gets going.

You don’t have to dance but it is honestly hard not to. The pit area up next to the stage quickly fills with adults and kids. As the sun sets it just gets better and better.

I have seen so many special moments. Older couples who are obviously in love, a disabled woman with her significant other who pulled her to her feet and then gently swayed with her. The kids and the kids-at-heart just boogieing down. It’s a great, very carefree, atmosphere.

Here is this year’s line up:

July 5th has come and gone, but it featured Ty Curtis playing rhythm and blues.

July 12th at Foothills Park will be Barracuda, a Heart tribute band.

July 19th at Foothills Park will be Jult, a Rock and Pop band featuring music of the 80’s and 90’s.

July 26th at Foothills Park will be Paul Creighton who plays the music of Steview Wonder.

August 2nd at Westlake Park will be My Happy Pill who plays Pop, Rock, and Soul

August 9th at Westlake Park will be Chris Baum who plays the music of Steely Dan.

August 16th at Westlake Park will be Cloverdayle, a group that plays Country Rock.

August 23rd at Westlake Park will be Kalimba, a group that pays tribute to Earth, Wind & Fire.

Put a few or all of these dates onto your calendar and take advantage of the sweet summer nights. I hope to see you there!
Dianne

Market Activity Report June 26-July 2, 2017

Lake Oswego really does put on a show for the 4th of July. From the annual pancake breakfast to the afternoon parade, the city decks itself out and goes all in. I thought this photo was nicely representative of what the town looks like. This does not even begin to show off the annual fireworks display. Wow! It was amazing this year! LO is a special place, but on the 4th of July it really shines.

And now for the Market Activity Report.

Last week in Lake Oswego there were 20 new listings, 25 properties that went into pending status, and 18 sold/closed sales. I also saw an uptick in “refreshed” listings. This happens when a house sits on the market for a period of time. The property will be taken off the market and then put on again as an entirely new listing. This draws attention to it in property searches so it is very effective, but it is not a new listing. This always happens in the market and over the last few years I’d say that I’ve consistently seen a few each week. But last week there were 9. I see this as another indication that the market is slowing just a tad. It is still a seller’s market, but it’s not as over heated as it was a year ago.

Following is the breakdown for you according to RMLS:

New on the Market (June 26-July 2, 2017)

Address Type Price BR Baths Sq Ft
1220 Pine St Detached $467,500 4 2 2123
668 McVey Ave #31 Condo $484,900 3 1.5 992
5862 Langford Ln Detached $540,000 2 2 1506
19050 Pilkington Rd Detached $569,000 3 3 1992
316 4th St Attached $585,000 2 2.5 1731
1991 Greentree Rd Detached $645,000 4 3 2655
1682 Fircrest Dr Detached $660,000 4 2.5 2304
1161 Sunningdale Rd Detached $699,900 3 2.5 2324
4019 Orchard Dr Detached $759,900 3 2.5 2748
13354 Twin Creek Ln Detached $799,900 5 2.5 3134
1418 Maple St Detached $825,000 3 2.5 2,066
4350 Albert Circle Detached $875,000 5 3.5 3175
17479 Brookhurst Dr Detached $885,000 3 2.5 3551
5501 Rachel Ln Detached $929,800 4 2.5+.5 3509
1627 Village Park Ln Detached $945,000 4 3.5 3203
1055 Country Club Rd Detached $950,000 3 2 2908
3525 Upper Dr Detached $1,299,900 4 3.5 3320
1350 Ridgecrest Dr Detached $1,395,000 5 3 3534
1135 Lake Front Rd Detached $2,350,000 4 3.5 4194
4175 Southshore Blvd Detached $4,999,999 4 4.5 6332

Pending Sales (June 26-July 2, 2017)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd A204 Condo $169,500 2 2 849 24
75 Galen St Condo $210,000 2 2 989 4
48 Eagle Crest Dr 1E Condo $229,900 2 2 1370 6
189 Oswego Summit Condo $255,000 2 2 1383 5
5056 Foothills Dr Condo $324,900 3 2 1252 7
1705 Conifer Dr Detached $425,000 3 1.5 1774 65
30 Becket St Detached $489,900 3 2 2077 2
11 Saint Helens Circle Detached $514,000 3 2.5 1904 6
804 4th St Detached $530,000 3 1.5 1396 5
1121 Devon Ln Detached $535,000 5 3 2968 100
14424 Doris Ave Detached $539,000 4 1.5 1700 31
76 Tanglewood Dr Detached $539,500 4 3 2801 14
16005 Inverurie Rd Detached $569,000 4 2 2147 6
5901 Langford Ln Detached $575,000 3 3 1921 6
7 Preakness Ct Detached $580,000 4 2.5 2896 11
5192 Coventry Ct Detached $629,900 4 2.5 2259 9
14377 Camden Ln Detached $679,900 4 2.5 2530 4
17323 Lake Haven Dr Detached $699,000 3 2.5 1864 53
264 D Ave Attached $759,000 3 2.5 2011 56
4871 Centerwood St Detached $765,000 4 3 2640 6
2325 Park Rd Detached $875,000 4 2.5 2405 4
4 Dover Way Detached $970,000 5 2.5 3962 36
731 F Ave Detached $975,000 4 2.5 2668 60
4723 Lamont Way Detached $1,020,000 4 3 3043 47
13961 Knaus Rd Detached $3,000,000 4 4.5+.5 6614 77

Sold/Closed (June 26-July 2, 2017)

Address Type List Price Sold Price Sq Ft CDOM
1666 Boca Ratan Dr Attached $340,000 $355,000 1611 7
15 Britten Ct Attached $395,000 $399,900 1,972 5
1010 Hallinan St Detached $449,900 $455,000 1,225 4
1108 Cedar St Detached $489,900 $475,000 1206 11
5189 Tree St Detached $549,900 $515,000 1470 49
1710 Meadows Dr Detached $545,000 $545,000 1677 4
15655 Twin Fir Rd Detached $575,000 $575,000 2095 0
1004 Cumberland Pl Detached $639,000 $595,000 3313 21
16872 Canyon Dr Detached $689,900 $665,000 4069 30
12844 Sierra Vista Dr Detached $660,000 $667,000 2592 3
18034 Westview Dr Detached $715,000 $688,500 3562 43
654 1st Condo $729,000 $725,000 2140 16
4665 Firwood Rd Detached $969,000 $969,000 2541 2
3151 Alder Spring Ct Detached $999,950 $985,000 3802 29
3938 Edens Edge Dr Detached $1,019,000 $1,005,000 3882 36
18820 Greenbluff Dr Detached $1,485,000 $1,250,000 5570 286
17345 Bergis Farm Dr Detached $1,479,000 $1,469,000 5199 388
1021 Lake Shore Rd Detached $2,398,000 $2,000,000 3487 1191

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.

4th of July

Whitney, Linda and I want to wish you and yours a safe and happy 4th of July. I know that I will be down by the lake watching what is annually a spectacular fireworks show. Thank you to the trumpet player who I enjoy every year playing our National Anthem just before the show starts. Whatever you are doing to celebrate the day, please stay safe and take particular care of your pets.

Happy 4th of July!
Whitney, Linda, and Dianne

Market Activity ~ June 19-25, 2017

Last week saw 30 New properties enter the market in Lake Oswego, 20 move to Pending status, and 23 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (June 19-25, 2017)

Address List Price # Beds # Baths Total SF Prop Type
61 OSWEGO SMT/Main $235,000 2 2 1212 CONDO
482 S STATE ST #3B $295,000 3 1 1659 CONDO
5056 FOOTHILLS DR $324,900 3 2 1252 CONDO
1198 BOCA RATAN DR $375,000 2 2.1 1729 ATTACHD
5276 OAKRIDGE RD $474,000 3 2 1600 DETACHD
18305 FERNBROOK CT $475,000 3 2 1300 DETACHD
3351 FIR RIDGE RD $479,000 3 2 1770 DETACHD
14246 CAMDEN LN $519,900 3 2.1 1933 DETACHD
1515 CLOVERLEAF RD $525,000 3 2.1 2205 DETACHD
3595 TEMPEST DR $599,000 3 2 2126 DETACHD
2665 GLEN EAGLES RD $625,000 4 2.1 2640 DETACHD
2814 OVERLOOK DR $629,000 4 2.1 3348 DETACHD
5192 COVENTRY CT $629,900 4 2.1 2259 DETACHD
8 WESTMINSTER DR $685,000 3 2.1 2689 DETACHD
17125 FERNWOOD DR $699,000 4 3 2688 DETACHD
2704 ORCHARD HILL LN $699,900 5 3 3207 DETACHD
4344 SNOWBRUSH CT $749,000 4 3.1 3255 DETACHD
3220 DUNCAN DR $750,000 4 2.1 3482 DETACHD
17645 OAK MEADOW LN $798,000 4 2.1 3723 DETACHD
2110 GREENTREE RD $799,500 4 3.1 2908 DETACHD
822 Lee ST $825,000 3 2.1 1930 DETACHD
754 OAK MEADOW CT $839,500 4 2.1 3283 DETACHD
16700 PHANTOM BLUFF CT $895,000 4 2.1 3297 DETACHD
2050 CHILDS RD $925,500 4 4 4814 DETACHD
17390 GRANDVIEW CT $989,000 4 4.2 4502 DETACHD
4189 Chad DR $998,500 5 3.1 4137 DETACHD
1643 VILLAGE PARK LN $1,100,000 4 3 4505 ATTACHD
13700 KNAUS RD $1,150,000 3 2.1 2403 DETACHD
17620 BLUE HERON DR $1,225,000 4 3 2466 DETACHD
1515 CHERRY LN $1,250,000 6 3.1 4699 DETACHD

PENDING SALES (June 19-25, 2017)

Address List Price # Bedrooms Total Baths Total SF Prop Type CDOM
6480 WASHINGTON CT $250,000 1 1 LAND DETACHD 8
16200 PACIFIC HWY #15 $329,900 2 2 1190 CONDO 13
16200 PACIFIC HWYn #9 $349,000 2 2 1190 CONDO 3
5064 FOOTHILLS DR #17 $351,000 3 2 1252 CONDO 16
16681 LAKE FOREST BLVD $365,000 3 1 936 DETACHD 37
5057 FOOTHILLS DR H $395,000 2 2 1252 CONDO 4
1311 PINE ST $550,000 3 3 2150 DETACHD 16
16998 SUMMER PL $609,900 4 2.1 2448 DETACHD 24
6 MONTICELLO DR $650,000 3 3 3020 DETACHD 21
762 MAPLE ST $715,000 3 2.1 2340 DETACHD 11
19431 KOKANEE CT $715,000 4 2.1 2214 DETACHD 3
21 WESTRIDGE DR $719,900 4 2.1 3202 DETACHD 13
22 INDEPENDENCE AVE $745,000 5 4 4138 DETACHD 93
4850 LOWER DR $774,900 4 3 2700 DETACHD 11
5366 ROSALIA WAY $915,000 5 3.1 3579 DETACHD 15
14750 UPLANDS DR $950,000 4 3 3387 DETACHD 35
16 DOVER WAY $1,395,000 5 5.1 8147 DETACHD 4
13877 AMBERWOOD CIR $1,699,000 4 4.1 5851 DETACHD 11
16793 GRAEF CIR $2,195,000 4 3.1 4680 DETACHD 165
13560 FIELDING RD $2,688,000 5 5.1 5308 DETACHD 124

SOLD (June 19-25, 2017)

Address Opening Closed # Beds # Baths Total SF Prop Type CDOM
169 OSWEGO SMT #169 $199,999 $197,000 2 2 1383 CONDO 352
6924 MONTAUK CIR $235,000 $250,136 3 2 1092 CONDO 3
224 RIDGEWAY RD / Upper $249,900 $254,000 1 1 700 CONDO 29
4469 GOLDEN LN $325,000 $312,000 2 2.1 1888 CONDO 38
5052 FOOTHILLS DR G $329,900 $325,000 2 2 1252 CONDO 9
7 ORIOLE LN $392,500 $403,000 3 2.1 2161 DETACHD 4
568 2ND ST $489,000 $462,000 2 2.1 1395 ATTACHD 76
18851 SW INDIAN SPRINGS CIR $480,000 $480,000 3 2 1903 DETACHD 0
2030 GREENTREE RD $489,900 $510,000 3 2 1598 DETACHD 6
16809 CORNELL ST $535,000 $535,000 3 3.1 3034 DETACHD 87
1508 CEDAR ST $547,000 $555,000 4 2 1939 DETACHD 1
18791 INDIAN CREEK WAY $545,000 $564,000 3 2 1965 DETACHD 4
1641 DEVON LN $599,900 $584,500 3 2.1 2013 DETACHD 67
17071 REBECCA LN $599,900 $590,000 3 3 2278 DETACHD 107
16695 GLENWOOD CT $715,000 $634,000 4 3 3060 DETACHD 112
14313 AMBERWOOD CIR $724,900 $665,000 3 2 2343 DETACHD 32
41 CHURCHILL DOWNS $679,000 $690,000 4 3.1 2763 DETACHD 5
1403 GREENTREE CIR $829,000 $765,000 5 4.1 4047 DETACHD 72
171 5TH ST $875,000 $800,000 3 1 1910 DETACHD 16
1100 TYNDALL CT $889,500 $865,000 3 2.1 3142 DETACHD 55
15700 TWIN FIR RD $889,000 $897,000 3 2.1 2731 DETACHD 2
725 OAK MEADOW CT $1,119,000 $1,070,000 4 2.2 3753 DETACHD 27
401 9TH ST $1,390,000 $1,285,000 4 3.1 4288 DETACHD 240

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.

Market Activity June 5-11, 2017

Our Market is moving right along. I’m going to step out on a limb here and give my opinion that this year is just a bit slower than last year. Don’t get me wrong, it is still a seller’s market, but it is just not quite as intense, in my opinion. Last week in Lake Oswego we had 28 houses come onto the market as new listings, 22 houses go into pending status, and 19 become closed sales. A year ago, my memory is that the new listings were nearly identical with the pendings happening at the same pace as the listings coming onto the market. Time will tell if I am correct. Right now its the numbers and also a bit of my “Realtor sense”.

Following is the breakdown for you according to RMLS:

New on the Market (June 5-11, 2017)

Address Type Price BR Baths Sq Ft
86 Kingsgate Rd A204 Condo $188,000 2 2 849
73 Oswego Summit Condo $229,900 2 2 1212
16200 Pacific Hwy #15 Condo $329,900 2 2 1190
5064 Foothills Dr #17 Condo $349,900 3 2 1252
17226 Marjorie Ave Detached $499,000 3 2 1782
19060 Indian Springs Cir Detached $524,000 3 2 1355
1311 Pine St Detached $550,000 3 3 2150
4 Icarus Loop Detached $585,000 4 2.5 2743
16064 Waluga Dr Detached $600,951 7 3 2550
802 Clara Ct Detached $609,900 4 3 2815
6236 Wayzata Ct Detached $639,000 4 2.5+.5 $2,752
5807 Ridgetop Ct Detached $700,000 5 2.5 2610
6081 Clairmont Ct Detached $710,000 4 2.5 2680
762 Maple St Detached $715,000 3 2.5 2340
21 Westridge Dr Detached $719,900 4 2.5 3202
19067 Megan Pl Detached $824,900 4 3 3400
17549 Oak Meadow Ln Detached $835,000 4 3 3407
5366 Rosalia Way Detached $915,000 5 3.5 3579
3325 Cedar Ct Detached $1,049,000 4 2.5 3500
3555 Lake Grove Ave Detached $1,200,000 4 2.5 3433
3519 Lake Grove Ave Detached $1,249,000 4 2.5 3119
13561 Goodall Rd Detached $1,250,000 3 2 2484
718 Maple St Detached $1,349,000 4 2.5 4023
830 Cabana Ln Detached $1,475,000 4 3.5 3029
13575 Goodall Rd Detached $1,495,000 4 5.5 4271
18099 Green Bluff Dr Detached $1,595,500 4 3.5 5023
13877 Amberwood Cir Detached $1,699,000 4 4.5 5851
1066 Northshore Rd Detached $3,895,000 4 5.5 4169

Pending Sales (June 5-11, 2017)

Address Type Price BR Baths Sq Ft CDOM
44 Eagle Crest Dr #17 Condo $159,900 1 1 798 3
1819 Boca Ratan Dr Attached $335,000 3 2 1405 5
1033 Hallinan St Detached $389,000 3 1 936 49
19242 Terry Ave Detached $479,900 4 2 1872 5
2235 Fernwood Circle Detached $495,000 3 2 2746 7
12537 SW 27th Pl Detached $499,500 4 2.5 2464 4
17268 Fernwood Dr Detached $528,800 3 2 2086 4
19026 Indian Springs Rd Detached $570,000 5 3 2971 4
1988 Mapleleaf Rd Detached $575,000 3 1.5 1522 0
9 Falstaff St Detached $625,000 4 2.5 2436 103
128 Church St Detached $629,000 3 2 1924 157
19158 Terry Ave Detached $679,000 4 3 2424 4
18034 Westview Dr Detached $699,900 4 2.5 3562 43
2964 Overlook Dr Detached $700,000 5 2.5 3731 3
19524 River Run Dr Detached $725,000 4 2.5 2630 3
4707 Hastings Pl Detached $765,000 5 3.5 3025 7
17517 Oak Meadow Ln Detached $799,950 4 2.5 2952 2
570 Middlecrest Rd Detached $815,000 3 2 2213 3
17364 Bryant Rd Detached $819,000 5 3.5 3043 3
2375 Fernwood Cir Detached $899,900 4 3.5 4183 23
4047 Westbay Rd Detached $1,275,000 4 2 2493 7
853 G Ave Detached $1,800,000 4 3.5 4423 18

Sold/Closed (June 5-11, 2017)

Address Type List Price Sold Price Sq Ft CDOM
48 Eagle Crest Dr 3E Condo $187,500 $170,000 1545 201
15479 Brianne Ct Attached $299,900 $285,000 1,204 24
19 Block Terrace Attached $365,000 $370,000 1,527 2
34 Wheatherstone #17 Attached $375,000 $375,000 1692 2
4454 Thunder Vista Ln Condo $379,900 $383,000 1894 36
19101 Redwing Ct Detached $549,900 $541,000 1434 8
5750 Washington Ct Detached $599,000 $549,900 2238 182
5 Grouse Terrace Detached $579,000 $555,000 2527 28
131 Wilbur St Detached $625,000 $625,000 1312 0
4199 Fruitwood Ct Detached $649,500 $649,500 2230 1
18461 Waxwing Circle Detached $649,900 $660,000 3109 3
4182 Glacier Lily St Detached $748,000 $665,000 2799 107
5536 Kilchurn Ave Detached $699,900 $704,000 2550 4
5710 Southwood Dr Detached $720,000 $709,000 2581 5
5780 Childs Rd Detached $750,000 $755,000 2770 21
4265 Albert Circle Detached $792,000 $773,000 3067 205
5335 Carman Grove Ln Detached $810,000 $820,000 2505 13
909 Cumberland Pl Detached $825,000 $825,000 2702 0
4323 Sunset Dr Detached $1,389,000 $1,438,840 3930 3

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.