It’s starting to feel like the Holidays. Last week in Lake Oswego we had 11 new listings, 15 pending sales, and 7 closed/sold properties. Notice that the pending sales are still a pretty healthy number. That is because at this time of year buyers want to make an offer now to be in their new home by Christmas. This, combined with low new inventory, actually makes this a pretty good time to have your house on the market.
Following is the breakdown for you according to RMLS:
New on the Market (Nov 5-11, 2018)
| Address | Type | Price | BR | Baths | Sq Ft |
| 46 Cervantes Circle | Condo | $225,000 | 2 | 1.5 | 912 |
| 3964 Carman Dr | Condo | $339,900 | 2 | 2.5 | 1098 |
| 5062 Foothills Dr C7 | Condo | $339,900 | 2 | 2 | 1252 |
| 5057 Sunset Dr | Attached | $539,500 | 2 | 2.5 | 1720 |
| 4582 Trillium Woods | Attached | $600,000 | 3 | 2.5 | 1927 |
| 22 Morningview Circle | Detached | $635,000 | 3 | 2.5 | 3135 |
| 808 Ellis Ave | Detached | $725,000 | 3 | 2.5 | 2200 |
| 1820 Southshore Blvd | Detached | $725,000 | 3 | 3 | 2403 |
| 3562 Upper Dr | Detached | $749,500 | 3 | 3.5 | 2701 |
| 5736 Southwood Dr | Detached | $790,000 | 4 | 2.5 | 3000 |
| 6048 Lakeview Blvd | Detached | $849,000 | 4 | 2.5 | 2640 |
Pending Sales (Nov 5-11, 2018)
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 92 Galen St | Condo | $169,000 | 1 | 1 | 689 | 92 |
| 85 Oswego Summit | Condo | $219,000 | 2 | 2 | 1212 | 99 |
| 4417 Thunder Vista Ln | Condo | $295,000 | 2 | 2.5 | 2002 | 80 |
| 3942 Carman Dr | Condo | $349,900 | 3 | 2.5 | 1354 | 69 |
| 4725 Lakeview Blvd | Detached | $465,000 | 3 | 2 | 1589 | 6 |
| 1207 Hallinan Circle | Detached | $489,500 | 2 | 2 | 1478 | 6 |
| 110 Kingsgate Rd | Detached | $494,900 | 3 | 2.5 | 1669 | 79 |
| 4141 Chapman Way | Detached | $565,000 | 4 | 2.5 | 2138 | 4 |
| 5687 La Mesa Ct | Detached | $649,900 | 4 | 3 | 2518 | 5 |
| 767 10th St | Detached | $724,500 | 4 | 2 | 2820 | 99 |
| 17454 Canal Circle | Detached | $775,000 | 3 | 2.5 | 2472 | 149 |
| 13459 Provincial Hill Way | Detached | $819,900 | 3 | 2.5 | 2896 | 63 |
| 1041 Chandler Rd | Detached | $845,000 | 3 | 2 | 1782 | 62 |
| 2060 Indian Trail | Detached | $1,160,000 | 3 | 2.5 | 2387 | 30 |
| 220 Chandler Place | Detached | $1,250,000 | 3 | 2.5 | 2621 | 1 |
Sold/Closed (Nov 5-11, 2018)
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 9 Juarez St | Detached | $479,900 | $409,500 | 2570 | 98 |
| 1651 Woodland Terrace | Detached | $475,000 | $425,000 | 2737 | 84 |
| 5432 Kenny St | Detached | $444,900 | $430,000 | 1352 | 6 |
| 6123 Frost Ln | Detached | $650,000 | $645,000 | 2338 | 24 |
| 5 Juarez St | Detached | $749,000 | $697,000 | 4393 | 38 |
| 17407 Redfern Ave | Detached | $1,599,950 | $1,325,000 | 5206 | 166 |
| 3150 Upper Dr | Detached | $2,250,000 | $2,250,000 | 4278 | 1 |
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.

Yes, the winter chill is on, and we are moving into Harvest Mode! Please mark your calendar for Sat, Nov 17th (this week) 10AM-3PM for the 7th Annual Reunion Farmers Market in Lake Oswego at Millennium Plaza Park ~ Get all the details, see the vendor list, and start making plans to be there! 

Inventory is higher & prices have evened out a bit. Sounds like a good time to buy! Its said that when the inventory gets to around 4.0 months, it becomes a balanced market. We’re not *quite* there, yet, but it is a leveling-out market now for sure, and fall is always a great time to buy anyway ; )
