What’s in a Name?

A bit of trivia about the Property Blotter. Linda and I started our blog many years ago. Blogging was new to real estate and we had the good fortune of working with someone who was in the know about how to do it. Ron Ares, the son of our principal broker was a new agent who was interviewed by the New York Times because of the blog he had for Portland real estate. I was like “What?!” At that point I had a couple of decades in the business and realized that the power of the blog was pretty incredible for the recognition that Ron got as a result of his efforts. So Linda and I were on board.

Then it was time to choose a name. We knew we wanted to have a name that was uniquely LO. We brainstormed lots of options and came up with the Property Blotter. The name comes from the Police Blotter that was published weekly in the Lake Oswego Review. The Lake Oswego Police have 100% response policy. If you call them, they show up. The police calls are then reported in the local newspaper. What they respond to can be pretty funny. So the local blotter has been a source of local entertainment for many years.

Here is a sampling of what was reported in the August 12th edition of the LO Review:

7/31 9:43 A.M.

A dead squirrel was seen near the 18400 block of Deerbrush Avenue

7/31 12:54 P.M.

A man was seen laying sideways on a step near Boones Ferry Road and Kruse Way Place

7/31 1:19 P.M.

A caller believed someone was selling dogs our of cages in a truck near the 40 block of McNary Parkway. It turned out to be a part of an adoption program.

7/31 9:34 P.M.

Someone was seen walking in the middle of the street near SW Lesser Road and Jefferson Parkway

8/1 7:00 P. M.

A resident said she was being followed by two people at a store near the 90 block of B Avenue. Police made sure she got home safely. (I love this one. Who doesn’t want a police escort if you feel unsafe?)

8/2 12:55 A.M.

Intermittent “constuction-type noises” were heard near the 1000 block of Westward Ho Road

As you can see, it can be amusing. There is actually a book that was written about the blotter. It’s a good read that I highly recommend.

I feel very fortunate to live in a community with relatively low crime and whose police department is 100% there to serve and protect. It’s one of the many things I value in my community.

My best to you,

Dianne

Market Activity August 30-September 5, 2021

This is the time of year, as school starts, when the market typically starts to let off the gas a bit. I just don’t see that happening. Last week in LO we had 10 new listings, 32 properties (!) move into pending status, and 32 closed/sold. We are winding down the summer in an all steam ahead fashion.

See below for RMLS data.

New Listings Aug 30-Sept 5, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #157Condo$224,90022984
200 Burnham Rd #402Condo$355,000221305
750 1st St E27Condo$615,900221350
6472 Dawn StDetached$695,000321032
4848 Lower DrDetached$822,000432531
658 Boca Ratan DrDetached$967,00043.53593
17001 Westview DrDetached$968,500322005
16164 Parker Rd #1Detached$1,395,000543257
548 4th StAttached$1,524,90034.53186
1913 Cheryl CtDetached$1,895,00044.55341

Pending Sales Aug 30-Sept 5, 2021

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy #31Condo$185,000116175
100 Kerr Pkwy #43Condo$214,9002282341
96 Cervantes CircleCondo$230,00021.59127
36 Crestfield CtCondo$279,900219213
4000 Carman Dr E70Condo$299,900229743
4652 Lower DrCondo$350,00021.511704
5101 Jean RdCondo$475,0003110125
16691 Bonaire AveDetached$499,9003111103
4528 Lower DrCondo$525,00032.517869
8 Bolivar StDetached$640,0002221492
16 Walking Woods DrDetached$649,00032.5289711
14 Preakness CtAttached$669,00022.521906
3065 Royce WayDetached$750,00042.5272646
15509 Partridge DrDetached$789,9004322993
4545 Black Forest CtDetached$799,00042.521682
759 Timberline DrDetached$835,00043292870
19431 Kokanee CtDetached$849,90042.522144
17994 Saint Clair DrDetached$900,00052.539163
920 York RdDetached$985,0004320262
2936 SW Orchard Hill PlDetached$989,00042.5408961
4261 Cobb WayDetached$1,089,0004323621
13536 Streamside DrDetached$1,150,00043.530337
15776 Inverurie RdDetached$1,299,00032235249
14495 Pfeifer DrDetached$1,299,90043394421
1687 Village Park LnDetached$1,399,00043336274
4721 Firwood RdDetached$1,425,0004332360
4531 West RdDetached$1,429,00033.5392654
16650 Fir LnDetached$1,898,00043.538608
940 Upper Devon LnDetached$1,945,00043.5484859
929 Cumberland RdDetached$2,495,00056.551293
1199 Fairway RdDetached$3,498,00044.5+.5552733
259 Pine Valley RdDetached$4,000,00044.546400

Sold/Closed Aug 30-Sept 5, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Toushstone #69Condo$220,000$220,000135133
3433 McNary Pkwy #302Condo$285,000$265,0001,20812
5058 Foothills Dr ACondo$420,000$418,00012528
1 Peacock PlDetached$529,000$500,000133630
17500 Pilkington RdDetached$460,000$500,00010508
17 Aquinas StDetached$599,900$660,00021396
13198 Peters RdDetached$695,000$677,750263029
605 7th StDetached$775,000$750,00020353
4 Sherwood CtDetached$825,000$757,000287016
16901 Lakeridge DrDetached$724,000$762,50020803
1033 Spruce STDetached$765,000$775,0001,6634
18260 Indian Creek DrDetached$759,000$790,000208211
17730 Marylbrook DrDetached$850,000$840,000295114
17211 Robb PlDetached$790,000$840,00020855
491 Country Club RdDetached$865,000$850,000248697
14121 Redwood CtDetached$696,900$867,500282724
4987 Bilford LnDetached$799,900$890,00023025
19531 River Run DrDetached$899,900$975,00024405
13060 SW Elk Rock RdDetached$1,178,000$1,100,00036819
13207 Deerfield CtDetached$1,175,000$1,125,000380135
17543 Lake Haven DrDetached$1,185,000$1,125,00023339
12730 Adrian CtDetached$1,295,000$1,178,000301424
5428 Royal Oaks DrDetached$1,200,000$1,200,00049947
151 3rd St #1Condo$1,499,000$1,475,000327837
2805 Southshore BlvdDetached$1,300,000$1,553,05026233
3155 Upper DrDetached$1,599,900$1,720,00032971
2165 Ridge Point DrDetached$2,100,000$1,828,000474929
2572 Glen Eagles PlDetached$2,595,000$2,300,0006532107
18000 Eastridge LnDetached$2,495,000$2,495,00056106
17575 S Crestline DrDetached$3,500,000$2,925,000749648
3328 Lakeview BlvdDetached$6,398,000$6,175,000667518
4210 Virginia WayDetached$1,549,000$1,365,000350858

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 ~ Aug 30-Sept 5, 2021

This last week in Lake Oswego we had 12 Properties enter the market, 27 go Pending (Accepted Offers) and 30 Closed/Sold. There are 80 wonderful homes for sale in Lake Oswego right now.

NEW Aug 30-Sept 5, 2021

AddressList Price# Beds# BathsTotal SFProp Type
4 TOUCHSTONE  #157$224,90022984CONDO
200 BURNHAM RD  #402$355,000221305CONDO
750 1ST ST / Upper$615,900221350CONDO
656 3RD ST$675,000321200DETACHD
6472 SW DAWN ST$695,000321032DETACHD
4848 LOWER DR$822,000432531DETACHD
658 BOCA RATAN DR$967,00043.13593DETACHD
17001 WESTVIEW DR$968,500322005DETACHD
6413 MCDUFF CT$1,035,00032.13091DETACHD
16164 PARKER RD #1$1,395,000543257DETACHD
548 4TH ST$1,524,90034.13186ATTACHD
1913 CHERYL CT$1,895,00044.15341DETACHD

PENDING Aug 30-Sept 5, 2021

Address List Price# Beds# BathsTotal SFProp TypeCDOM
100 KERR PKWY, #31$185,00011617CONDO5
100 KERR PKWY, #43$214,90022823CONDO41
36 CRESTFIELD CT / Upper$279,90021921CONDO48
4000 CARMAN DR  E70$299,90022974CONDO3
4652 LOWER DR / Upper$350,00021.11170CONDO4
5101 JEAN RD$475,000311012DETACHD5
16691 BONAIRE AVE$499,900311110DETACHD3
5711 MCEWAN RD$565,000321467DETACHD10
8 BOLIVAR ST$640,000222149DETACHD3
16 WALKING WOODS DR$649,00032.12897DETACHD11
14 PREAKNESS CT$669,00022.12190ATTACHD6
3065 ROYCE WAY$750,00042.12726DETACHD46
15509 PARTRIDGE DR$789,900432299DETACHD3
4545 BLACK FOREST CT$799,00042.12168DETACHD2
759 TIMBERLINE DR$835,000432928DETACHD70
19431 KOKANEE CT$849,90042.12214DETACHD4
17994 SAINT CLAIR DR$900,00052.13916DETACHD3
920 YORK RD$985,000432026DETACHD2
2936 SW ORCHARD HILL PL$989,00042.14089DETACHD61
4261 COBB WAY$1,089,000432362DETACHD1
13536 STREAMSIDE DR$1,150,00043.13033DETACHD7
15776 INVERURIE RD$1,299,000322352DETACHD74
14495 PFEIFER DR$1,299,900433944DETACHD21
4531 WEST RD$1,429,00033.13926DETACHD54
16650 FIR LN$1,898,00043.13860DETACHD8
929 CUMBERLAND RD$2,495,00056.15129DETACHD3
1199 FAIRWAY RD$3,498,00044.25527DETACHD33

SOLD Aug 30-Sept 5, 2021

AddressOpeningClosedBedsBathsSFProp TypeDays
4 TOUCHSTONE  #69$220,000$220,00032.11351CONDO33
5058 FOOTHILLS DR, A$420,000$418,000321252CONDO8
1 PEACOCK PL$529,000$500,00032.11336DETACHD30
17500 PILKINGTON RD$460,000$500,000211050DETACHD8
13198 PETERS RD$695,000$677,75032.12630DETACHD29
605 7TH ST$775,000$750,000212035DETACHD3
4 SHERWOOD CT$825,000$757,00042.12870DETACHD16
16901 LAKERIDGE DR$729,000$762,500432080DETACHD3
1033 SPRUCE ST$765,000$775,00032.11663DETACHD4
18260 Indian Creek DR$759,000$790,000322082DETACHD11
17730 MARYLBROOK DR$850,000$840,00032.12951DETACHD14
17211 ROBB PL$790,000$840,000322085DETACHD5
491 COUNTRY CLUB RD$865,000$850,000422486DETACHD97
14121 REDWOOD CT$969,900$867,50043.12827DETACHD24
4987 BILFORD LN$799,900$890,00032.12302DETACHD5
19531 RIVER RUN DR$899,900$975,00042.12440DETACHD5
13060 SW ELK ROCK RD$1,178,000$1,100,000433681DETACHD9
13207 DEERFIELD CT$1,175,000$1,125,00043.13801DETACHD35
17543 LAKE HAVEN DR$1,185,000$1,125,00042.12333DETACHD9
12730 ADRIAN CT$1,295,000$1,178,00042.13014DETACHD24
5428 ROYAL OAKS DR$1,200,000$1,200,00063.14994DETACHD7
4210 VIRGINIA WAY$1,549,000$1,365,00044.13508DETACHD58
151 3RD ST #1$1,499,000$1,475,00032.13278CONDO37
2805 SOUTHSHORE BLVD$1,300,000$1,553,05022.12623DETACHD3
3155 UPPER DR$1,599,900$1,720,000433297DETACHD1
2165 RIDGE POINTE DR$2,100,000$1,828,000544749DETACHD29
2572 GLEN EAGLES PL$2,595,000$2,300,00054.26532DETACHD107
18000 EASTRIDGE LN$2,495,000$2,495,00044.15610DETACHD6
17575 S CRESTLINE DR$3,500,000$2,925,00054.27496DETACHD48
3328 LAKEVIEW BLVD$6,398,000$6,175,00045.16675DETACHD18

EcoHome LO

The City of Lake Oswego is starting a brand new program to help residents learn to live a more sustainable life by reducing their carbon footprint, engaging as good citizens, and recycling. At www.lakeoswego.city/ecohomelo you can sign up to partcipate and learn details of the program.

The program is administered on line. You’ll find check lists that address:

Reduce Reuse and Recycle

Energy Conservation

Water Conservation

Transportation

Social Equity

Ecological Conservation

Civic Engagement

Emergency Preparedness

Construction & Renovation

Apartments and Rental Housing

& Encouraging Others to Participate

Upon accomplishng a preset number of goals, the house will be awarded a lawn sign that states that it is an EcoHome.

I suspect that we will start to see these signs popping up in our neighborhoods, and now you know what they are all about. I also think it’s a terrific program because of what it encourages, but also because it is so comprehensive.

As always, thanks for reading the blotter,

Dianne

Market Activity August 16-22, 2021

It is certainly feeling like the dog days of summer. Numbers in Lake Oswego were down last week. Still healthy, but not quite as frantic as it was just a couple of weeks ago. We had 12 houses come onto the market, 26 move into pending status, and 16 closed/sold properties.

See below for RMLS details.

New on the market August 16-22, 2021

AddressTypePriceBRBathsSq Ft
44 Eagle Crest Dr #9Condo$255,00021908
53 Galen StCondo$264,90022989
4 Condolea DrCondo$439,000221312
4429 Thunder Vista LnCondo$479,90022.52002
16 Walking Woods DrDetached$649,00032.52897
5911 Carman DrDetached$695,800321400
23 TouchstoneDetached$924,900543169
1500 Morning Sky CtDetached$1,178,00053.54402
5349 Carman Grove LnDetached$1,298,000432903
572 4th StAttached$1,595,00034.53364
3411 Lake Grove AveDetached$1,675,00043.54434
15508 Diamond Head RdDetached$3,480,000343900

Pending sales August 16-22, 2021

AddressTypePriceBRBathsSq FtCDOM
108 Oswego SummitCondo$199,900117645
3433 McNary Pkwy #211Condo$255,0002210082
3433 McNary Pkwy #302Condo$265,00022.5120812
12 Oswego SummitCondo$290,00022114041
3886 Botticelli StCondo$315,00021.5113220
422 S State StCondo$324,99721165947
162 Oswego SummitCondo$399,00022150648
1589 Boca Ratan DrAttached$460,00032161119
448 5th StCondo$468,00021.510924
1700 Bonniebrae DrAttached$469,6983317396
38 Briarwood RdDetached$599,90062.5+.525546
16885 Fernwood DrDetached$639,50032162453
19 Da Vinci StDetached$650,0003218746
26 Briarwood RdDetached$665,00043.525548
17621 Arbor LnDetached$685,0003221204
680 Tippecanoe CtDetached$719,90042.519005
13366 Auburn CtAttached$750,00032.5249211
6666 Childs RdDetached$750,0003124088
1033 Spruce StDetached$765,00032.516634
15580 Partridge DrDetached$780,00032.522450
15964 White Oaks DrDetached$900,00042.5301516
511 Weidman CtDetached$995,00042.536525
5590 Luce LnDetached$995,00054353015
13366 Boones Ferry RdDetached$1,095,00042.535895
2011 Ridgewood LnDetached$1,100,00053.5311575
950 Schukarat LnDetached$1,468,00042.534344

Sold/closed August 16-22, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #74Condo$235,000$215,00013518
86 Kingsgate Rd G101Condo$265,000$299,9508402
200 Burnham Rd #305Condo$340,000$345,00013051
4141 Cobb WayDetached$485,000$450,000123718
5071 Tualata LnDetached$705,000$640,000154051
4932 Mulholland DrAttached$698,000$688,000249854
4 Pimlico TerraceDetached$690,000$720,00021003
1620 Ash StDetached$720,000$744,00022254
5101 Rosewood StDetached$665,000$768,00017364
720 8th StDetached$899,000$899,000149830
1724 Fern PlDetached$950,000$925,0002,16021
18320 Delenka LnDetached$1,115,000$975,550451967
1520 Eastview CtDetached$963,000$980,00037894
19395 Hill Top RdDetached$1,575,000$1,650,00047884
1334 Maple StDetached$1,575,000$2,100,00036606
1745 Southshore BlvdDetached$3,495,000$2,600,0005545128

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 ~ July Numbers 2021

Here is your look at the latest numbers as released by RMLS for the overall Portland area and how Lake Oswego fits in just below.

Overview/Fluctuations ~  Market Data July 2021:                                                                                            Things typically start to slow a bit in July. We saw a change in the usual pattern last year with activity pushing through the summer months. This year there is still lots of activity, but for two months in a row we see prices in some areas looking like they *may* be showing signs of jockeying into some kind of stabilization. We’ll check again next month.

Inventory rose another .1% in July, so people are perhaps starting to reach the end of their “waiting-to-sell” ropes. We usually see an uptick in the fall after vacations, so again, we’ll take a look at the trend next month to see if there really is a pattern developing. If there is… I can only say it’s a pretty subdued one. Houses are still hard to come by driving higher prices. Rates are around 3.125%.

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

  • There were 4,267 New Listings in July 2021 increasing 0.7% over July 2020’s 4,236 and decreasing 0.7% from the previous month/June’s 4,298.
  • At 3,439, July 2021’s Closed Sales are up 1.4% from July 2020’s 3,391, dropping 1.1% from the previous month/June’s total of 3,477
  • At 3,534, June 2021’s Pending Sales decreased 8.3% from July 2020’s 3,656, and also dropped 5.1% from the previous month/June’s total of 3,534.
  • The Average Sale Price in July 2021 of $593,100 is up $90,800 from last year/July2020’s $502,300, and down $4,000. from the previous month/June’s $597,100.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in July 2021 of $522,000 rose $77,000 from last year/July 2020’s $445,000, and also increased $1,000 from the previous month/June’s $521,000.

LAKE OSWEGO:

  • 165 Active Listings (June 146)
  • 214 New Listings    (June 262)
  • 177 Pending Sales (June202)
  • 184 Closed Sales    (June 229)
  • Average Sale Price for July: $1,020,600 (June $1,018,100)
    • 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.
  •  19 Average Days on the Market   (June 21)

Market Activity ~ Aug 9-15, 2021

This last week we saw 10 properties enter the market, 31 move to Pending status (accepted offers) and 26 that Closed/Sold. This is the first time in awhile that I’ve not eliminated any “refreshed” properties from the “New” category…no need for refreshing, I suppose. Right now there are 90- beautiful homes available in Lake Oswego.

NEW Aug 9-15, 2021

AddressList PriceBeds BathsSFProp Type
210 S STATE ST  #9$535,00032.11642CONDO
17830 SW TUALATA AVE$595,000321373DETACHD
26 BRIARWOOD RD$665,00043.12554DETACHD
6666 SW CHILDS RD$750,000312408DETACHD
16510 MAPLE CIR$899,00042.12295DETACHD
5923 BAY POINT DR$925,000533187DETACHD
4224 HAVEN ST$1,199,950522600DETACHD
14495 PFEIFER DR$1,299,900433944DETACHD
15012 TWIN FIR RD$2,395,00053.13845DETACHD
1051 SW FOREST MEADOWS WAY$4,149,00066.15597DETACHD

PENDING Aug 9-15, 2021

AddressList PriceBedsBathsSFProp TypeCDOM
4 TOUCHSTONE #62$204,95032.11351CONDO46
47 EAGLE CREST DR #41$230,00021932CONDO14
4 TOUCHSTONE  #74$235,00032.11351CONDO8
12848 BOONES FERRY RD$425,00022.11182CONDO0
12826 Boones Ferry RD$445,00022.11182CONDO6
41 ORIOLE LN$500,000221564DETACHD10
17 AQUINAS ST$599,900322139DETACHD6
4241 COBB WAY$599,950321484DETACHD8
18431 INDIAN CREEK DR$635,000421736DETACHD17
457 LAUREL ST$650,000332264DETACHD14
5795 LANGFORD LN$659,000221687DETACHD0
1672 HIGHLAND DR$699,900421867DETACHD4
2697 LOOKOUT CT$720,000322219DETACHD29
12 MORNINGVIEW LN$730,00032.12718ATTACHD4
16904 CHERRY CREST AVE$759,000322167DETACHD2
5466 BAY CREEK DR$789,000332535DETACHD4
1580 WOODLAND TER$835,00032.12430DETACHD4
18360 TUALATA AVE$845,00052.12703DETACHD10
14121 REDWOOD CT$885,00043.12827DETACHD24
16750 PHANTOM BLUFF CT$899,000332267DETACHD2
41 TOUCHSTONE$920,000433090DETACHD21
18430 PILKINGTON RD$1,095,000433021DETACHD77
5316 CHILDS RD$1,097,77062.13847DETACHD318
12730 ADRIAN CT$1,195,00042.13014DETACHD24
14360 UPLANDS DR$1,230,00043.22577DETACHD16
17467 WESTVIEW DR$1,275,00043.14119DETACHD4
2950 GREENTREE RD$1,495,00043.13691DETACHD8
2442 PALISADES CREST DR$1,598,00042.13071DETACHD4
855 G AVE$2,000,00032.13710DETACHD17
1889 HIGHLANDS LOOP$5,499,00056.16832DETACHD20
3328 LAKEVIEW BLVD$6,398,00045.16675DETACHD18

SOLD AUG 9-15, 2021

AddressOpeningClosedBedsBathsSFProp TypeCDOM
39 OSWEGO SMT$269,000$280,500221212CONDO3
4041 JEFFERSON PKWY$289,000$300,00011.11060CONDO4
1367 BONNIEBRAE DR$399,000$400,00021.11008ATTACHD2
1509 BONNIEBRAE DR$482,900$507,00032.11739ATTACHD6
23 FALSTAFF ST$649,000$600,000321435DETACHD38
5051 TUALATA LN$714,900$640,000421581DETACHD37
5880 ROCKWOOD CT$656,500$680,000321772DETACHD2
18811 REAO CT$639,900$705,00032.11916DETACHD7
18426 SANDPIPER WAY$688,000$705,000431884DETACHD5
537 COUNTRY CLUB RD$849,000$760,000321901DETACHD93
13041 THOMA RD$770,000$760,00032.12418DETACHD4
1811 KILKENNY DR$758,000$780,000433794DETACHD0
32 MORNINGVIEW CIR$750,000$799,00032.12718DETACHD7
1672 LAKE FRONT RD$650,000$805,000321768DETACHD5
2440 OVERLOOK DR$879,900$825,000433850DETACHD15
5895 SUNCREEK DR$749,000$910,000422379DETACHD5
17 WESTRIDGE DR$875,000$935,00043.23533DETACHD11
3830 TEMPEST DR$999,995$937,00032.13099DETACHD22
16933 GREENTREE AVE$874,900$975,00042.12276DETACHD28
1931 PARK FOREST CT$1,025,000$1,085,00064.14107DETACHD6
17649 WOODHURST PL$1,198,000$1,120,00054.15669DETACHD103
4440 UPPER DR$1,899,000$1,850,00043.13583DETACHD42
18783 STAFFORD RD$2,295,000$1,875,00054.25757DETACHD147
1978 EGAN WAY$2,198,000$2,095,15045.26761DETACHD64
18098 PILKINGTON RD$2,199,000$2,277,00045.16680DETACHD6
3183 DOUGLAS CIR$3,450,000$3,450,00044.15595DETACHD0
Criteria: (RMLS DATA) 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.

Trends from the 2021 Street of Dreams

As you saw from last week’s post that Linda wrote, she and I attended the Street of Dreams. Running until August 22nd, it is currently happening in Happy Valley on the East side of the metro area.

When I go through the street of dreams, I like to look for trends. What we see at the Street of Dreams, we also start to see in new construction and in remodeling.

This year’s event was entirely different because they have two locations. On location has million dollar homes and high-end finishes. The other location has homes that are $500,000 to the low $600’s. The trends I am going to talk about here are from the more expensive houses.

Beamed ceilings

I’ve always liked the look of beamed ceilings. They just make a house feel more substantial. I did find my self questioning how structural they actually are. Or if they are simply decorative. In any case, I like this trend.

Outdoor living areas

The outdoor living areas in the 3 expensive houses are just gorgeous. I feel like every home, even condos and apartments, should have nice outdoor spaces to relax and socialize. All of the areas on these homes had fireplaces, plenty of room for seating, and usually kitchen equipment like BBQs, sinks, and refrigerators. They are lovely.

Lots of gray and white

The gray is a deep, dark, gun-metal shade. It was painted over entire rooms, used for kitchen cabinets, and for built-ins. It’s a classic shade. It goes well with pops of color of pretty much any shade that you like, but it is mostly paired with white. I feel like this is a color that you could live with and enjoy for many, many years. While being a trend, it’s a timeless one.

Chunky light fixtures

The last Street of Dreams I attended, in 2019, the light fixtures were also a stand out. At that event they seemed very stream-lined and modern looking. At this year’s event, they’re just the opposite. I’m not so sure I like this trend. Frankly, the fixture posted here looks like a fire hazard.

The housing village

I actually think that this was my favorite part of the show. Made with at least 2, and possibly 3, shipping containers, it just looks like a brilliant solution for our housing shortage. The main container has a very nice bathroom, kitchen, dining area, and small living room. This structure also had 2 bedrooms. Then a second structure, that is clearly a full shipping container, had 3 bedrooms, each with it’s own entrance. Having your own bedroom/living space allows some autonomy. I don’t know the cost of contruction, but I imagine it’s substantially less than traditional construction. Brilliant.

Pleasant Valley Village

The 3 houses featured at the second location are much more affordable. Priced in the 500 and 600 thousand range, these houses will sell quickly. I really like the idea of having the two price ranges. It is the Street of Dreams, and for nearly everyone, the dream is of owning a home. While the expensive homes are fun to look at, they are way outside of most people’s budgets. So having some affordable homes is a great idea. Having said that, I do wish there had been more than one builder represented. The 3 houses that are on the tour are all built by Holt Homes. They are essentially the model homes for a new subdivision. It felt a bit like just one huge advertisement for this builder.

I hope you have the ability to check out this year’s street of dreams. For more information, click here.

As always, thank you for reading The Blotter.

Dianne

Market Activity Aug 2-8, 2021

The market in LO is still red hot. A few weeks ago, right around July 4th, it felt like it may have slowed down a tad. Last weeks rush of new listings (20), pending sales (36!), and sold/closed properties (29) has proved that tad of a slow down was just July 4th distractions.

See below for RMLS data.

New Listings Aug 2-8, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #74Condo$235,00032.51351
3433 McNary Pkwy #302Condo$285,00022.51208
239 CervantesCondo$399,000221208
12848 Boones Ferry RdCondo$425,00022.51182
12826 Boones Ferry RdCondo$445,00022.51182
1700 Bonniebrae DrAttached$469,698331739
41 Oriole LnDetached$500,000221564
17830 Tualata AveDetached$595,000321373
17 Aquinas StDetached$599,900322139
19 Da Vinci StDetached$650,000321874
13366 Auburn CtAttached$750,00032.52492
16904 Cherry Crest AveDetached$759,000322167
1405 Greentree CircleDetached$775,00042.52146
48 SpinosaDetached$799,90043.52848
16750 Phantom Bluff CtDetached$899,000332267
5590 Luce LnDetached$995,000543530
3001 Southshore BlvdDetached$1,298,00032.53201
2950 Greentree RdDetached$1,495,00043.53691
1051 Forest Meadows WayDetached$4,149,00043.53691
12790 S Fielding RdDetached$5,600,00067.59124

Pending sales Aug 2-8, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #62Condo$204,95032.5135146
4 Cervantes CircleCondo$240,00021.591247
12 Cervantes CircleCondo$250,00021.59123
3886 Botticelli StCondo$315,00021.511324
482 S State St 3BCondo$374,00021165965
1 Peacock PlDetached$509,00032.5133630
4980 Galen StAttached$589,00022.5155228
4241 Cobb WayDetached$599,9503214848
1672 Highland DrDetached$699,9004218674
1620 Ash StDetached$720,0003222254
12 Morningview LnAttached$730,00032.527184
49 Da Vinci StDetached$739,00032235126
5466 Bay Creek DrDetached$789,0003325354
4 Sherwood CtDetached$795,00042.5287016
1580 Woodland TerDetached$835,00032.524304
18360 Tualata AveDetached$845,00052.527032
491 Country Club RdDetached$865,00042248683
14121 Redwood TerDetached$885,00043.5282724
19531 River Run DrDetached$899,90042.524405
15 El Greco StDetached$949,0004333284
1739 Palisades Terrace DrDetached$995,00042.5365411
14071 Sundeleaf DrDetached$999,0005326243
14002 Chelsea DrDetached$1,195,00042.5354732
127230 Adrian CtDetached$1,195,00042.5301424
5428 Royal Oaks DrDetached$1,200,00063.549947
14360 Uplands DrDetached$1,230,00043.5+.525775
17467 Westview DrDetached$1,275,00043.541194
2442 Palisades Crest DrDetached$1,598,00042.530714
3155 Upper DrDetached$1,599,0004332971
2165 Ridge Pointe DrDetached$1,995,00054474929
4480 Upper DrDetached$2,000,00043.534970
855 G AveDetached$2,000,00032.5371017
14500 Uplands DrDetached$2,495,00054.5+.5554474
1745 Southshore BlvdDetached$3,099,00044.55545128
1889 Highlands LoopDetached$5,499,00056.5683220
3328 Lakeview BlvdDetached$6,398,00045.5667518

Sold/Closed Aug 2-8, 2021

AddressTypeList PriceSold PriceSq FtCDOM
44 Eagle Crest Dr #1Condo$230,000$247,0009082
45 Eagle Crest Dr #409Condo$249,900$249,9001,2145
3882 Botticelli StCondo$289,000$287,000122420
5061 Foothills Dr CCondo$335,000$335,0009918
1509 Bonniebrae DrAttached$482,900$507,00017396
4222 Woodside CircleAttached$450,000$550,00015785
17850 Pilkington RdDetached$750,000$625,000322279
5051 Tualata LnDetached$714,900$640,000158137
6545 Childs RdDetached$600,000$650,00031341
186 D AveAttached$650,000$675,00016377
6227 Wayzata CtDetached$699,999$675,0001,2327
18426 Sandpiper WayDetached$688,000$705,00018845
3 SpinosaDetached$755,000$750,000261523
16921 Kara LnDetached$750,000$758,00023825
17802 Hillside WayDetached$838,000$790,000302623
2440 Overlook DrDetached$879,900$825,000385015
4099 Coltsfoot LnDetached$840,000$827,000316915
5675 Victoria CtDetached$825,000$885,00025634
2895 Suncreek DrDetached$749,000$910,00023795
17 Westridge DrDetached$875,000$935,000353311
19310 Riverwood LnDetached$999,000$1,092,00031921
17649 Woodhurst PlDetached$1,198,000$1,120,0003192103
2929 Glen Eagles RdDetached$1,100,000$1,300,00025274
13700 Knaus RdDetached$1,245,000$1,310,00026547
915 Cedar StDetached$1,550,000$1,520,00032193
4440 Upper DrDetached$1,899,000$1,850,000358342
18783 Stafford RdDetached$2,295,000$1,875,000147
197 Egan WayDetached$2,198,000$2,095,150676164
3183 Douglas CircleDetached$3,450,000$3,450,00055950

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

Someone’s Got to Do It!

Monday, August 9th is Realtor Day at the Street of Dreams. Dianne and I decided to get a jump on everything and visited a day early. I know she wants to do a post on trends, so I won’t share the most fun pictures with you, but here we are as real human Realtors doing the hard investigative work for YOU!

Here is Dianne in very good hands (sorry…couldn’t resist : )

Again… we work hard for you.

Dianne hated this bathroom ; )

AND we’re learning that (as we wipe our brows) we really need to avail ourselves of the help that has become so common in all of our lives. (So bougie…)

Lastly, with all that energy we save by not having to mow our lawns, we can now relax with a few of our best moves on the court.

Seriously, it was a lovely day. Dianne and I get to see a lot of homes obviously, but its always a treat to see the latest trends in layout, materials, fixtures & colors. As I mentioned, Dianne will be covering these trends, so I’ll let her share the meaty stuff, but I will say that it is very worth your while this year. Here is a link to get your ticket! You may visit 10AM-9PM through August 22nd. They’re closed Mondays & Tuesdays. CLICK HERE