Tag: Lake Oswego real estate

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News & Notes ~ Dec 2019 Numbers

Here is your look at the most recent data for the entire Portland area (December 2019) and how Lake Oswego fits in to this picture just below.

Inventory dropped a bit in December, but this is to be expected at the holidays. By the same token New Listings and Pending Sales took some steep dives from November, but all numbers are up from last year to varying degrees.  Year-end Average and Median Sales Prices were up modestly from 2018. Neighborhoods are broken out below.

According to the RMLS Market Action Report for the Portland Metro Area, December, 2019:

  • There were 1,270  New Listings in December 2019 which was up 1.2%  from December of 2018’s 1,255, and  dropped 40.0% from the previous month/November’s 2,118.  (Pssst…holidays.)
  • At 2,213, December 2019’s Closed Sales were up 19.9% over December 2018’s 1,846, and also up 1.0% from the previous month/November 2019’s total of 2,191.
  • At 1,772, December 2019’s Pending Sales rose 10.8% over December 2018’s 1,599, and fell 22.1% from the previous month/November 2019’s total of 2,274.
  • The Average Sale Price in December 2019 of $457,700 up $19,100 from last year/December 2018’s $438,600, and down $4,900 from the previous month/November 2019’s $462,600.  
    • Year-to-Date for End-2019 is $459,200
    • Year-to-Date for End-2018 WAS $452,400
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in December 2019 of $405,000 was up from last year/December 2018’s $390,000 by $15,000, and down $10,000 from the previous month/November 2019’s $415,000.   
    • Year-to-Date for End-2019 is $410,000
    • Year-to-Date for End-2018 WAS $400,000

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

  • North Portland:  $440,200           0.1%   (Nov $453,100)
    •                                                     YTD Median: $409,000
  • NE Portland:  $460,800                   1.8%   (Nov $466,000)
    •                                                     YTD Median: $425,000
  • SE Portland:  $409,000                   1.7%   (Nov $422,200)
    •                                                     YTD Median: $375,000
  • Gresham/Troutdale:   $370,100     4.8%   (Nov $380,800)
    •                                                     YTD Median: $350,300
  • Milwaukie/Clackamas:  $441,300  3.0%   (Nov $450,000)
    •                                                     YTD Median: $419,000
  • Oregon City/Canby:   $446,500      4.1%   (Nov $437,900)
    •                                                     YTD Median: $415,000
  • Lake Oswego/West Linn:$732,400  2.6%  (Nov $718,200)
    •                                                      YTD Median: $590,000
  • West Portland:    $614,300             -2.2%  (Nov $608,900)
    •                                                     YTD Median: $525,000
  • NW Wash County:  $522,600         -0.8%   (Nov$512,000)
    •                                                      YTD Median: $511,000
  • Beaverton/Aloha:     $385,000       3.3%   (Nov$410,800)
    •                                                     YTD Median: $390,000
  • Tigard/Wilsonville:   $438,900        0.5%   (Nov $463,100)
    •                                                      YTD Median: $439,900
  • Hillsboro/Forest Grove: $420,400  4.9%   (Nov $411,700)
    •                                                      YTD Median: $385,000

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of December 2019 reported:

    •  223 Active Listings (Nov 287)
    •   50 New Listings     (Nov  85)
    •   70 Pending Sales   (Nov  97)
    •  107 Closed Sales    (Nov 126)
    • Average Sale Price for December: $732,400  (Nov $718,200)
      • 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.
    •  109 Average Days on the Market   (Nov 101)

 

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Market Activity ~ Jan 6-12, 2020

Hello 2020!  Anecdotally, the word on the street is that the market is starting to heat up more like spring than January this year. Last week in Lake Oswego, 12 New properties entered the market, 13 moved to Pending status, and 11 were “Closed”/Sold. We also have 144 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 6-12, 2020)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #19 $210,000 1 1 836 CONDO
14446 HOLLY SPRINGS RD $529,900 3 2.1 1699 CONDO
76 GREENRIDGE CT $650,000 4 3.1 2868 ATTACHD
34 MORNINGVIEW CIR $662,900 4 2.1 2942 DETACHD
13479 FIELDING RD $949,000 4 2.1 3385 DETACHD
13483 FIELDING RD $949,999 4 3 3149 DETACHD
5340 GREYSTOKE DR $1,095,000 3 4 2955 DETACHD
6429 Mission CT $1,165,000 4 3.1 3182 DETACHD
1692 VILLAGE PARK LN $1,198,000 4 3.1 3581 DETACHD
878 7TH ST $1,350,000 4 3.1 3017 DETACHD
4357 SOUTHSHORE BLVD $3,100,000 5 5.1 5220 DETACHD
1415 SKYLAND DR $4,785,000 5 4.1 6085 DETACHD

PENDING SALES (Jan 6-12, 2020)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #94 $145,900 3 2.1 1351 CONDO 99
16317 BONAIRE AVE $369,900 3 1.1 1219 DETACHD 4
5057 W SUNSET DR $474,500 2 2.1 1720 ATTACHD 423
38 BRIARWOOD RD $500,000 7 2.2 2554 DETACHD 493
5095 OAKRIDGE RD $549,000 4 2 1743 DETACHD 3
2425 PRESTWICK RD $699,000 3 2 1464 DETACHD 46
4092 ORCHARD WAY $835,000 4 3.1 3591 DETACHD 140
5581 YORKSHIRE PL $898,500 5 2.1 3218 DETACHD 3
939 F AVE $975,000 3 3 1706 DETACHD 0
16800 LAKERIDGE DR $1,069,000 4 3 2369 DETACHD 138
762 3RD ST $1,100,000 3 2.1 2590 DETACHD 26
589 7TH ST $1,275,000 5 4.1 3657 DETACHD 181
4350 LORDS LN $1,395,000 5 4 3888 DETACHD 5

SOLD (Jan 6-12, 2020)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
42 OSWEGO SMT / Main $142,500 $152,500 1 1 764 CONDO 3
1581 BONNIEBRAE DR $365,000 $329,500 2 2 1393 ATTACHD 77
1010 LAUREL ST $559,900 $525,800 2 2 2498 DETACHD 36
2950 GREENTREE RD $517,500 $545,000 3 2 3002 DETACHD 13
3615 UPPER DR $600,000 $587,000 3 2 1529 DETACHD 37
1293 HIDE A WAY LN $585,000 $590,550 3 2.1 1720 DETACHD 10
1982 WEMBLEY PARK RD $824,900 $685,000 6 4 4561 DETACHD 164
4125 CASEY CT $1,195,000 $956,000 4 3.1 3728 DETACHD 179
15986 Parker RD $1,099,413 $963,800 4 3.1 3130 DETACHD
4840 LAMONT WAY $1,475,000 $1,324,000 5 3.1 3277 DETACHD 141
1159 LAKE FRONT RD $1,848,800 $1,675,000 5 4 3756 DETACHD 10

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.

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ARTmart is Back!

Lake Oswego is a very art oriented town. From the Gallery Without Walls, to the Lake Oswego Festival of the Arts, you have art in your life is you live in or regularly visit Lake Oswego.

A new tradition has been added to Lake Oswego’s legacy, ARTmart. Did you know that the Arts Council of Lake Oswego maintains a gallery space at 510 First Street in downtown LO? I’ve been to a couple of exhibits there. ARTmart is an exhibit in this gallery space, but it’s unique. It is a community event that encourages citizens to donate art that they are no longer displaying in their homes or businesses. The art is offered for sale with the proceeds going to fund outreach and education programs. Any unsold art is donated to Community Warehouse in Portland with the mission of providing art work to neighbors in need.

This is a great chance to clean out your own collection and then find something new to treasure. I love it!

You can donate art through January 14th. The exhibit runs through January 31st. Exhibit hours are Tuesday to Saturday, 11-5.

Art makes life better and this is a chance to help the community while also helping yourself.
Dianne

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Market Activity Dec 16, 2019-Jan 5, 2020

This market activity report is extremely encouraging. During the slowest part of the year for real estate sales, Lake Oswego had 26 houses go into pending status and 38 closed sales. Seriously, these are people who have busy lives and the holidays compounds that. Yet, they were out buying houses. That is a lot of activity over the holidays. Then notice that only 6 properties came onto the market during that same time period. I think this explains why 11 of the 26 pending sales had been on the market for over 100 days. 2 had been on the market for over 400 days! The inventory is low and that gave new life to some older listings. It is a great time to put your house on the market. Buyers are out there and houses are selling. Nice!

Following is the breakdown for you according to RMLS:

New on the Market (Dec 16, 2019-Jan 5, 2020)

Address Type Price BR Baths Sq Ft
4000 Carman Dr B31 Condo $265,000 2 2 993
3 Garibaldi St Detached $749,900 3 3 3137
13456 Provincial Hill Way Detached $875,000 3 2.5 3071
384 5th St Attached $899,900 2 3.5 1957
382 5th St Attached $899,900 2 3.5 1957
6463 Mission Ct Detached $1,165,000 3 3.5 3547

Pending Sales (Dec 16, 2019-Jan 5, 2020)

Address Type Price BR Baths Sq Ft CDOM
202 Cervantes Condo $190,000 2 2 890 212
213 Cervantes Condo $229,999 2 1.5 1216 115
124 Oswego Summit Condo $234,999 2 2 1140 233
668 McVey Ave #74 Condo $289,000 1 1 636 132
4085 Jefferson Pkwy Condo $319,000 2 2.5 1302 85
5060 Foothills Dr B Condo $350,000 2 2 1252 70
22 Condolea Dr Condo $385,000 2 2 1448 132
1408 Cedar St Detached $425,000 3 1 1104 1
4456 Sunset Dr Detached $495,000 4 2 2024 8
38 Briarwood RD Detached $500,000 7 2.5+.5 2554 483
2950 Greentree Rd Detached $517,500 3 2 3002 13
19211 Indian Springs Rd Detached $554,900 4 3 2132 350
1010 Laurel St Detached $559,900 2 2 2498 36
4045 Bass Ln Detached $599,000 4 2.5 2158 109
4511 Oakridge Rd Attached $629,000 3 2.5 2129 51
4221 Cobb Way Detached $679,900 3 2 1724 3
14024 Edenberry Ct Detached $860,000 4 2.5 3183 3
3 Dover Way Detached $910,000 5 3.5+.5 4988 130
4120 Canal Rd Detached $950,000 4 3.5 4104 88
13637 Westlake Dr Detached $1,129,500 4 4.5 3927 606
4316 Upper Dr Detached $1,150,000 4 3.5 4376 257
3962 Bass Ln Detached $1,290,000 4 3.5 3707 29
3250 Fir Ridge Rd Detached $1,349,000 4 3.5 3541 105
1290 Andrews Rd Detached $1,379,000 4 3 3610 11
19097 Bryant Rd Detached $1,499,900 4 4 3556 31
1159 Lake Front Rd Detached $1,848,800 5 4 3756 10

Sold/Closed (Dec 16, 2019-Jan 5, 2020)

Address Type List Price Sold Price Sq Ft CDOM
16 Crestfield Ct Condo $199,900 $175,000 552 309
4 Touchstone #76 Condo $180,000 $188,000 984 20
15938 Quarry Rd 5B Condo $225,000 $228,500 996 3
164 Oswego Summit Condo $249,000 $230,000 1383 116
3433 McNary Pdwy #107 Condo $235,000 $230,000 1008 6
200 Burnham Rd #400 Condo $234,900 $235,000 948 5
4000 Carman Dr C37 Condo $249,000 $235,000 836 34
4057 Jefferson Pkwy Attached $295,000 $293,000 1247 24
16250 Pacific Hwy #76 Condo $325,000 $325,000 1745 74
4282 Woodside Circle Attached $385,000 $325,000 1444 29
6315 Dawn St Detached $499,900 $465,000 1934 127
16946 Lower Meadows Dr Detached $525,000 $518,500 1792 20
3903 Tempest Dr Detached $640,000 $520,000 2410 138
1775 Cloverleaf Rd Detached $549,900 $549,900 2238 5
5554 Royal Oaks Dr Detached $595,000 $589,500 1861 3
12396 Clara Ln Detached $600,000 $600,000 2007 37
11 Falstaff St Detached $605,000 $605,000 3001 4
41 Tanglewood Dr Detached $659,900 $605,000 3001 162
4981 Hampton Ct Detached $619,000 $619,000 2440 60
5709 Charles Circle Detached $772,850 $712,000 2912 109
364 Northshore Rd Detached $769,000 $765,000 2220 10
4031 Orchard Dr Detached $795,000 $785,000 3271 89
1952 Egan Way Detached $1,200,000 $830,000 2961 191
13711 Melrose Pl Detached $919,000 $863,000 3742 108
615 Lake Bay Ct Detached $999,999 $875,000 2555 129
2151 Crest Dr Detached $975,000 $880,000 4690 139
1451 Greentree Circle Detached $929,900 $881,250 2300 84
19253 Childs Ct Detached $989,000 $912,000 2675 170
531 Laurel St Detached $985,000 $925,000 2771 128
17808 Hillside Way Detached $995,900 $975,000 3166 118
2013 Ridgewood Rd Detached $1,248,000 $1,020,000 4116 231
828 8th St Detached $1,188,000 $1,050,000 4116 231
1287 Bickner St Detached $1,195,000 $1,065,000 2665 158
1990 Indian Trail Detached $1,150,000 $1,099,000 3557 33
3177 Stonebridge Way Detached $1,598,000 $1,320,000 5097 406
3122 Upper Dr Detached $1,349,000 $1,320,000 3939 196
13596 Goodall Rd Detached $1,599,000 $1,579,000 3552 205
2020 Summit Dr Detached $3,000,000 $2,900,000 1740 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.

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Wishes of Peace

Dianne and I wish you and yours the happiest holiday ever!  Enjoy those things you treasure most, indulge in your fondest memories and go ahead… have that food that you usually do not. We wish for you that deep feeling of contentment that comes from the memories or the people or the combination of it all…  depending on your circumstances. Most of all we wish you a heart filled with a cherished, peaceful feeling. Maybe one from childhood where you could hear the big people still talking in the other room and knew you could fall asleep with all things well in the world. Whichever holiday you celebrate, we want you to know we truly appreciate you and will be thinking of you till we return from a little break. We’ll be back here with all the news and content we love to bring you about Lake Oswego after the New Year begins!

See you soon. May Peace reign in your life this holiday season~

Linda & Dianne

 

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News & Notes ~ Nov 2019 Numbers

Here is your look at the most recent data for the entire Portland area (November 2019) and how Lake Oswego fits in to this picture just below.

Inventory is about the same as last month with a wide selection of homes still on the market in this now-holiday season. The biggest news in the overall numbers for November as compared with October is that almost everything is pretty nearly exactly the same, or at least not much has changed. The main exception would be the New & Closed numbers being down, but that is to be expected as we moved from October into the holiday season.

According to the RMLS Market Action Report for the Portland Metro Area, November, 2019:

  • There were 2,118  New Listings in November 2019 which was down 8.3%  from November of 2018’s 2,310, and  30.9% from the previous month/October’s 3,064.
  • At 2,191, November 2019’s Closed Sales rose at 2.2% over November 2018’s 2,144, and fell 15.3% from the previous month/October 2019’s total of 2,588.
  • At 2,274, November 2019’s Pending Sales rose 19.4% over November 2018’s 1,904, and fell 11.7% from the previous month/October 2019’s total of 2,575.
  • The Average Sale Price in November 2019 of $462,600 up $13,700 from last year/November 2018’s $448,900, and up $1,200 from the previous month/October 2019’s $461,400.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in November 2019 of $415,000 was up from last year/November 2018’s $391,400 by $23,600, and up $4,500 from the previous month/October 2019’s $410,500.   

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

  • North Portland:  $453,100           0.1%   (Oct $408,000)
    •                                                     YTD Median: $409,000
  • NE Portland:  $466,000                   2.2%   (Oct $466,800)
    •                                                     YTD Median: $425,000
  • SE Portland:  $422,200                   1.7%   (Oct $422,000)
    •                                                     YTD Median: $376,000
  • Gresham/Troutdale:   $380,800     4.5%   (Oct $376,000)
    •                                                     YTD Median: $352,500
  • Milwaukie/Clackamas:  $450,000  3.0%   (Oct $431,600)
    •                                                     YTD Median: $419,300
  • Oregon City/Canby:   $437,900      4.2%   (Oct $438,100)
    •                                                     YTD Median: $411,000
  • Lake Oswego/West Linn:$718,200  1.4%  (Oct $763,800)
    •                                                      YTD Median: $590,000
  • West Portland:    $608,900             -2.6%  (Oct $627,500)
    •                                                     YTD Median: $525,000
  • NW Wash County:  $512,000         -1.8%   (Oct $573,800)
    •                                                      YTD Median: $515,000
  • Beaverton/Aloha:     $410,800       3.7%   (Oct $405,500)
    •                                                     YTD Median: $391,000
  • Tigard/Wilsonville:   $463,100        1.0%   (Oct $474,700)
    •                                                      YTD Median: $440,000
  • Hillsboro/Forest Grove: $411,700  4.5%   (Oct $420,700)
    •                                                      YTD Median: $385,000

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of November 2019 reported:

    •  287 Active Listings  (Oct 354)
    •   85 New Listings     (Oct 129)
    •   97 Pending Sales   (Oct 126)
    •  126 Closed Sales      (Oct 106)
    • Average Sale Price for November: $718,200  (Oct $763,800)
      • 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.
    •  101 Average Days on the Market   (Oct 92)

 

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Market Activity ~ Dec 9-15, 2019

Last week 6 New properties entered the market, 15 moved to Pending status, and 11 were “Closed”/Sold. We also have 161 homes for sale right now in Lake Oswego this week before Christmas.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 09-15, 2019)

Address List Price # Beds # Baths Total SF Prop Type
17635 DEEMAR WAY $549,000 4 2 1488 DETACHD
3 BECKET ST $699,900 4 2.1 4285 DETACHD
14253 KIMBERLY CIR $895,000 4 3.1 3527 DETACHD
762 3RD ST $1,100,000 3 2.1 2590 DETACHD
1159 LAKE FRONT RD $1,848,800 5 4 3756 DETACHD
4660 UPPER DR $1,895,000 5 3.1 3898 DETACHD

PENDING SALES (Dec 09-15, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
54 CERVANTES CIR / Grnd $205,000 2 1.1 912 CONDO 29
164 OSWEGO SMT / Upper $244,900 2 2 1383 CONDO 116
5054 FOOTHILLS DR, H $320,000 3 2 1252 CONDO 107
12862 BOONES FERRY RD #114 $378,500 2 2.1 1136 CONDO 47
1122 ERICKSON ST $495,000 3 2 1511 DETACHD 4
3241 PHYLLIS CT $525,000 4 3 2674 DETACHD 8
30 BECKET ST $544,999 3 2 2077 DETACHD 113
3615 UPPER DR $600,000 3 2 1529 DETACHD 37
3735 UPPER DR $620,000 4 2 1770 DETACHD 3
41 TANGLEWOOD DR $632,500 4 3 3001 DETACHD 162
1982 WEMBLEY PARK RD $674,000 6 4 4561 DETACHD 164
17821 HILLSIDE WAY $785,000 4 3.1 3480 DETACHD 89
17618 BLUE HERON RD $795,000 4 2 2413 DETACHD 77
1952 EGAN WAY $864,000 3 3 2961 DETACHD 191
135 FURNACE ST / Upper $870,000 2 2.1 1927 CONDO 74

SOLD (Dec 09-15, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
82 GALEN ST / Upper $175,000 $180,000 1 1 690 CONDO 36
219 CERVANTES, #219 $229,000 $225,000 2 2 1100 CONDO 135
4510 LOWER DR, B1 $425,000 $410,000 3 2.1 1729 CONDO 30
16200 PACIFIC HWY, #6 $419,500 $419,500 2 2 1190 CONDO 2
500 MAPLE ST $647,500 $583,000 3 2.1 2567 DETACHD 87
2 CREEKSIDE TER $679,900 $635,000 4 2.1 2906 DETACHD 30
4379 SNOWBRUSH CT $825,000 $700,000 4 3 3596 DETACHD 606
4006 CANAL WOODS CT $799,000 $790,000 4 3.1 3514 DETACHD 35
2311 PALISADES CREST DR $1,279,000 $1,200,000 4 2.1 4903 DETACHD 88
994 COUNTRY CMNS $1,348,850 $1,200,000 4 2.1 3968 DETACHD 180
3102 DOUGLAS CIR $1,695,000 $1,600,000 5 4.1 4644 DETACHD 197

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.

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A Partnership

In this sweet time between Thanksgiving and Christmas I find myself reflecting on so many good things. One of those good things is my clients, both past and present. Over the years I’ve kept a note book where I write down names and addresses, but also personal information such as children’s names and pets. Then each December I send out a holiday greeting that I snail mail and hand address. I do it this way for a very specific reason. We learn in different ways, but writing is a method of memorizing. So each year, as I go through my note book and hand address envelopes, I find myself remembering people and reflecting on their lives and how long they have been in their homes. This year it has also lead me to think about how I feel like with each and every one of my clients I have formed a partnership.

I think there are a lot of misconceptions about Realtors and how Realtors work. I would estimate that for every hour you spend with your Realtor, that Realtor is working about 4 hours behinds the scenes without you. We do a lot of research, correspondence, investigating, and so much more. In turn I think it is about the same for my clients. When they are not with me I think that they too are doing research, correspondence, and investigating. Together we are working towards the same goal, a successful real estate experience and transaction.

I also think the key to a good partnership is communication and listing. Sometimes we just need to quit talking and pay attention to what the other person is saying. The listening is so important. I need to understand where you are coming from. I need to HEAR you.

I really value these partnerships. Twice in the last week I have had past clients let me know that they really appreciate what I do for them. Such music to my ears! I know it’s been a good partnership and that we will work together again in the future.

So I guess I’m counting my blessings and feel grateful for such good partnerships.

Linda and I have really worked on being the best Realtors we can be for our clients. She and I would love to be of help to you if you have any questions or concerns when it comes to real estate. Feel free to reach out to either one of us. We’d love to be your real estate partner.

-Dianne

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Market Activity Dec 2-8, 2019

Last week in Lake Oswego we had 6 properties come onto the market, 7 move to pending status, and 14 closed sales. What I found interesting was that for 7 pending sales, 4 sold really fast, in just a few days, while the other 3 were all properties that had been on the market for an extended period of time. Just an anomaly that I found interesting.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 2-8, 2019)

Address Type Price BR Baths Sq Ft
1122 Erickson St Detached $495,000 3 2 1511
3241 Phyllis Ct Detached $525,000 4 3 2674
1442 Orchard Springs Rd Detached $539,000 3 2.5 1400
17199 Warren Ct Detached $569,900 3 2 1750
78 Greenridge Ct Attached $595,000 3 3 2000
19097 Bryant Rd Detached $1,499,900 4 4 3556

Pending Sales (Dec 2-8, 2019)

Address Type Price BR Baths Sq Ft CDOM
42 Oswego Summit Condo $142,500 1 1 764 3
5989 Langford Ln Detached $569,000 3 3 1794 4
11 Falstaff St Detached $605,000 4 2.5 2555 4
308 4th St Attached $625,000 2 2.5 1731 9
440 9th St Detached $648,000 3 2 2475 136
19253 Childs Ct Detached $929,900 3 3 2675 178
4840 Lamont Way Detached $1,324,000 5 3.5 3277 141

Sold/Closed (Dec 2-8, 2019)

Address Type List Price Sold Price Sq Ft CDOM
18 Britten Ct Attached $425,000 $413,000 1972 19
24 Del Prado St Detached $450,000 $450,000 3,034 0
15371 Twin Fir Rd Detached $485,000 $475,250 2876 3
14498 Camden Ln Detached $599,000 $525,000 1918 91
15008 Twin Fir Rd Detached $789,000 $650,000 3532 125
2651 Wembley Park Rd Detached $875,000 $715,000 2068 170
573 2nd St Condo $869,000 $769,500 1748 148
19319 Dogwood Ct Detached $825,000 $775,000 3119 90
4105 Pfeifer Ct Detached $989,000 $882,000 4176 425
15136 Glen Eagles Ct Detached $1,100,000 $1,094,010 3150 3
4320 Haven St Detached $1,200,000 $1,200,000 4526 165
489 8th St Detached $1,648,000 $1,490,687 3700 119
18785 Westview Dr Detached $2,995,000 $2,300,000 5580 654
705 Terrace Dr Detached $2,695,000 $2,445,000 3623 114

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.

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This Week in Lake Oswego ~ Dec 9-15, 2019

Here are my picks for things happening this week!

Mon, Dec 9, 2019– 5:15-6:00PM –  Beginning Ballet for Kids  ~ Beginning basics through barre, across the floor and center work for kids ages 5-8!  Weekly on Mondays – CCP, 1060 Chandler Rd –  Info & Reg: CLICK HERE

Tue, Dec 10 2019 –  6:00-7:00PM – NIA ~ NIA combines dance, martial arts and relaxation – Weekly on Tuesdays – Adult Community Center, 505 G Ave-  Info:  CLICK HERE  

Wed, Dec 11, 2019 – 4:00-5:00PM – Holiday Gift-Making  ~ Get together with other gift-makers and create 3 different kinds of craft gifts! Al materials provided. Ages 7-12 – Weekly on 3 Wednesdays in December ~ CCP, 1060 Chandler Rd –Info & Reg:  CLICK HERE     

Thu, Dec 12, 2019 6:30-8:30PM – “Straws” The Movie  ~ Come experience this striking documentary that will give you powerful insight into single-use plastics. Sponsored by the City of Lake Oswego and the Surfrider Foundation. Swag and Reusable straws will be available in the Raffle! ~ Lake Theater & Cafe , 106 N State St – Info:   CLICK HERE

Fri – Sun, Dec 13-15 2019: Fri 2:15-4:45, Sat 10:30AM-6PM, Sun 10:45AM-6PM ~ Tinseltown Trolley!  ~ OK, IMHO, you should work your calendar Fri-Sun to ride the Tinseltown Trolley!  I’d say fitting this in with your other holiday errands is a must…maybe several times! AND… word has it a visit from *someone* from the North Pole awaits you and the kids at the end of your ride. – Willamette Shore Trolley, 311 N State St  ***Arrive early. –Info/Schedules/Ticket Link: CLICK HERE