Lake Oswego Archives - Page 9 of 139

May 17, 2021May 28, 2021

News & Notes April 2021 Numbers

Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.

Overview/Fluctuations ~ Market Data April 2021:

Record low Inventory continues. Competition is heavy and/but anecdotally the grapevine says more properties are starting to show up now in May, and I’m seeing & hearing about more Offers accepted at or nearer asking price. The numbers will tell next month when we look at May’s totals, but that is the buzz. Mortgage rates are still great. The latest, though it varies on a daily basis and from individual to individual, is 3.25-3.35% on a 30-year Conventional loan w/a 700 credit score & 20% down.

There were 4,065 New Listings in April 2021 increased 42.8% over April 2020’s 2,487 and increased 17.3% from the previous month/March’s 3,465.
At 2,946, April 2021’s Closed Sales are up 46.2% from April 2020’s 2,015, and also up 15.3% from the previous month/March’s total of 2,556
At 3,400, April 2021’s Pending Sales increased 66.6% from April 2020’s 2,041, and also jumped up by 1.6% from the previous month/March’s total of 3,346.
The Average Sale Price in April 2021 of $557,900 is up $80,500 from last year/April 2020’s $477,400, and up $3,600. from the previous month/March’s $554,300.
The “Median” Sale Price (the price smack dab in the middle of all sales) in April 2021 of $500,000 rose $76,000 from last year/April 2020’s $424,000, and also increased $12,000 from the previous month/March’s $488,000.

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

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of April 2021 reported:

123 Active Listings (Mar 112)
255 New Listings (Mar 188)
218 Pending Sales (Mar 156)
142 Closed Sales (Mar 112)
Average Sale Price for Apr: $818,300 (Mar $944,100)
- 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.
33 Average Days on the Market (Mar 77)

May 8, 2021

The Gnomes are Back!

I had a great walk this morning that began and ended at Foothills Park. As I started out I came across this sign.

The sign itself is pretty informative. As it explains, the City of LO is putting 3 gnomes, Blossom, Greenie, and Oak, into 3 different parks. They will be moved each month between April and October to 3 new parks. The idea is to find them every month in order to explore the 21 Natural areas that the City maintains.

When you find a gnome, take a selfie and post it to social media using the hashtag #LOparksgnomes. Each time you post a selfie your name will be put into a drawing. In October a lucky winner will receive their very own gnome.

Finding the gnomes is a great incentive to get out and enjoy the fresh air, which is certainly one purpose for the gnomes. Another great purpose for this activity is to educate the citizens of Lake Oswego about the Stewardship Program that is run by the City Parks and Recreation Department. The Stewardship Program organizes events for volunteers to help with the cleaning and maintenance of the natural areas. Its a fun way to give back to the community, and to meet other great citizens.

In May the gnomes can be found in these 3 natural areas: Lamont Springs, Bryant Woods, and Woodmont. For a map of the gnomes parks for the month, and more information about the Stewardship Program, click here.

Happy gnome hunting!

Dianne

May 6, 2021

Market Activity April 26-May 2, 2021

The hot pace of the real estate market continues. Lake week in Lake Oswego we had 11 new listings, 26 houses go into pending status, and 29 sold/closed properties. Of the 26 that entered into pending status, 15 sold in less than a week.

See below for RMLS explanation

New on the market April 26-May 2, 2021

Address	Type	Price	BR	Baths	Sq Ft
3882 Botticelli St	Condo	$289,000	3	2	1224
54 Greenridge Ct	Condo	$429,000	3	2	1596
13019 Sierra Ct	Detached	$819,000	4	2.5	2522
1982 Wembley Park Rd	Detached	$975,000	5	4	4561
755 5th St	Detached	$1,375,000	4	3.5	3001
804 2nd St	Detached	$1,550,000	5	2.5	2945
791 Briercliff Ln	Detached	$1,685,000	3	2.5	2232
853 D Ave	Detached	$1,950,000	4	3.5	5137
13598 Goodall Rd	Detached	$1,989,000	4	4.5+.5	3573
611 Ridgeway Rd	Detached	$1,395,000	4	5.5	4463
1186 Crestlline Ct	Detached	$5,498,000	6	6.5+.5+.5	14411

Pending sales April 26-May 2, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone #68	Condo	$219,000	2	2	984	10
147 Oswego Summit	Condo	$232,000	2	2	1140	3
225 Cervantes	Condo	$319,000	2	1.5	1216	21
243 Cervantes	Condo	$399,000	2	2	1292	53
234 Greenridge Dr	Attached	$599,900	2	2	1492	4
1038 Gans St	Detached	$660,000	4	3	2058	4
14 Morningview Circle	Detached	$689,900	4	3.5	2728	4
15389 Twin Fir Rd	Detached	$692,000	4	3	2940	3
660 Hemlock St	Detached	$699,900	3	2	1648	4
4097 Buck Brush Ln	Detached	$749,900	3	2.5	2533	5
24 Tanglewood Dr	Detached	$750,000	5	3	2630	3
1118 Andrews Rd	Detached	$849,000	3	2	2182	3
2376 Fernwood Circle	Detached	$849,000	4	2	2094	5
324 Lakewood Rd	Detached	$928,000	2	2	1383	10
32 Westridge Dr	Detached	$949,000	4	2.5+.5	3653	8
100 Leonard St 4-1	Condo	$965,000	3	2.5	2482	20
4145 Chad Rd	Detached	$1,050,000	4	2.5	3360	9
5570 Kilchurn Ave	Detached	$1,150,000	4	2.5	2931	3
5918 Seville Ave	Detached	$1,289,800	4	3	1776	24
3119 Wembley Park Rd	Detached	$1,385,000	4	3.5	3688	2
1924 Cheryl Ct	Detached	$1,595,000	4	4.5+.5	5306	5
3711 Wren St	Detached	$1,595,000	3	3.5	3347	4
3423 Lake Grove Ave	Detached	$1,695,000	4	3.5	4721	25
4595 Wildwood St	Detached	$1,899,000	4	4	3854	3
16847 Greenbrier Rd	Detached	$2,495,000	3	2.5	2360	35
17979 Crestline Dr	Detached	$3,045,000	4	3	4858	18

Sold/closed April 26-May 2, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
125 Oswego Summit	Condo	$198,000	$198,000	764	3
22 Oswego Summit	Condo	$198,900	$200,000	764	2
4000 Carman Dr E82	Condo	$243,000	$256,500	827	3
3922 Carman Dr	Condo	$345,000	$350,000	1137	13
5840 Burma Rd	Detached	$475,000	$410,000	1632	47
668 McVey Ave #33	Condo	$499,000	$490,000	852	49
6310 Burma Rd	Detached	$499,000	$499,000	1052	7
5850 Kenny St	Detached	$515,000	$525,000	1172	17
4917 Mullholland Dr	Attached	$678,000	$678,000	2403	10
4555 Wildwood St	Detached	$650,000	$743,000	1565	6
871 8TH St	Detached	$725,000	$786,000	1,096	4
19 Monticello Dr	Detached	$688,000	$788,000	3478	4
12645 Boones Ferry Rd	Detached	$799,950	$800,000	3038	34
209 Evergreen Rd	Attached	$755,000	$800,000	2045	3
7 Preakness Ct	Detached	$724,900	$807,000	2907	5
175 Furnace St	Condo	$869,000	$869,000	1898	0
4365 Bernard St	Detached	$750,000	$875,000	2632	2
545 Ridgeway Rd	Detached	$818,000	$883,000	2110	3
13841 Verte Ct	Detached	$985,000	$910,000	2350	28
6540 Childs Rd	Detached	$799,500	$915,000	2747	4
3170 Royce Way	Detached	$799,500	$950,000	3193	4
19230 Bryant Rd	Detached	$1,149,000	$975,000	3441	289
15725 Tara Pl	Detached	$940,000	$980,000	3372	3
18041 Cardinal Dr	Detached	$1,095,000	$1,175,000	1950	1
17521 Lake Haven Dr	Detached	$1,200,000	$1,200,000	3247	6
486 Lake Bay Ct	Detached	$1,150,000	$1,205,000	1603	4
554 4th St	Attached	$1,449,000	$1,375,000	3376	16
1688 Leslie Ln	Detached	$1,898,000	$1,750,000	5540	53
1890 Twin Points Rd	Detached	$2,65,000	$2,500,000	4274	37

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.

May 1, 2021May 2, 2021

This Week in Lake Oswego

Spring is in the air, people are starting to peek out from their safe spaces & Lake Oswego is as beautiful as ever. Here are my picks for things to do this week either online or in person:

Mon, May3rd, 2021 – 4:30-5:30PM–Youth Mountain Biking Series 1 ~ Meet at Luscher Farm/The Quarry at East Waluga Park to learn shifting, body position, pedal position, climbing, descending, cornering and managing trail obstacles! Mondays till 5/24- More Info & Registration: CLICK HERE

Tues, May4th, 2021 – 4:00-5:00PM –Cook the Books ~ Meet online every Tuesday with Librarians Shannon & Alicia to eat and talk about food & recipes. – More Info & Registration: CLICK HERE

Wed, May5th, 2021 – 6:00-8:00PM –Pickelball Clinic & Play (18yrs+)~ Learn the basics and then join in with the fastest growing sport in America! Wednesdays till 5/26 at George Rogers Park – More Info & Registration: CLICK HERE

Thurs, May6th, 2021 – 7:00-8:30PM –Public Library Trivia Night! ~ Its like “Pub Trivia” but shorter…and you’re not in a pub! Plus there are Powell’s Gift Cards involved… Thursdays online- More Info & Registration: CLICK HERE

Fri, May7th, 2021 – 6:30-9:30PM –Samurai in the Oregon Sky with Ilana Sol! ~ Join the Filmmaker as she presents her film & joins for post-viewing questions & answers. – Her first film ON PAPER WINGS won 7 awards and was included in an episode of NPR’s Radiolab. SAMURAI IN THE OREGON SKY is her second film~ In 1942, Japanese pilot Nobuo Fujita catapulted his seaplane off of a submarine, flew over the Oregon coast, and became the only pilot to bomb the U.S. mainland during WWII. He never dreamed he would one day be invited back to the region, where he would begin a lifelong friendship with the people of a small Oregon town. SAMURAI IN THE OREGON SKY chronicles how Mr. Fujita came to refer to his former target as his “second home.” – More Info & Registration: CLICK HERE

Sat, May8th, 2021 – 8:30AM-1:30PM –Lake Oswego Farmers Market! ~ Millennium Park Plaza is the place to be every Saturday as Artisans and Farmers share their wares in a COVID-safe & festive environment. There are also online ordering options available.- For More Info & Safety Protocols: CLICK HERE

Sun, May9th, 2021 – 11:00-12:00PM –A Bookish Affair!~ Join fellow aficionados of Romance & Happily-Ever-After genres to discuss love stories of all kinds. This week covering The Duke Who Didn’t by Courtney Milan – More Info & Registration: CLICK HERE

May 1, 2021September 11, 2022

Market Activity ~ April 19-25, 2021

This last week in Lake Oswego we saw 10 New Properties come to market, a whopping 36 move to Pending status (accepted Offers), and 16 Closed/Sold.

Here are the details per RMLS:

NEW April 19-25, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
4 TOUCHSTONE #68	$219,000	2	2	984	CONDO
4 TOUCHSTONE #142	$229,900	2	2	979	CONDO
19239 SW BENFIELD AVE	$900,000	3	3	1968	DETACHD
324 LAKEWOOD RD	$928,000	2	2	1383	DETACHD
1874 GLENMORRIE TER	$975,000	3	3	3508	DETACHD
4145 CHAD DR	$1,050,000	4	2.1	3360	DETACHD
940 UPPER DEVON LN	$1,950,000	4	3.1	4464	DETACHD
17301 BERGIS FARM DR	$2,250,000	4	3.1	4737	DETACHD
2679 GLEN EAGLES RD	$2,750,000	4	4.1	4709	DETACHD
197 PINE VALLEY RD	$3,200,000	6	3.1	5983	DETACHD

PENDING April 19-25, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #6	$184,000	1	1	672	CONDO	39
13 OSWEGO SMT / Lower	$199,900	1	1	764	CONDO	8
750 1ST ST E28	$245,000	1	1	902	CONDO	7
526 S State ST 5A	$314,950	2	1	914	CONDO	11
1305 SPRUCE ST	$449,000	3	1	1024	DETACHD	5
5509 BONITA RD	$449,900	3	2	2000	DETACHD	3
17 LAUREL ST	$599,000	3	1.1	3096	DETACHD	6
6090 CARMAN DR	$650,000	4	1.1	1620	DETACHD	44
19061 REDWING CT	$700,000	3	2	1611	DETACHD	4
1225 Hallinan ST	$724,900	3	2.1	1819	DETACHD	6
1002 HEMLOCK ST	$725,000	3	2.1	1950	DETACHD	4
5546 ROYAL OAKS DR	$759,000	3	2	1920	DETACHD	3
282 ASH ST	$780,000	4	2.1	2791	DETACHD	30
19233 INDIAN SPRINGS RD	$799,950	4	4.1	3423	DETACHD	11
3061 WESTVIEW CT	$875,000	4	3	3396	DETACHD	5
13209 TWIN CREEK CT	$888,000	4	2.1	3021	DETACHD	5
17787 BLUE HERON DR	$895,000	4	3	2519	DETACHD	9
16126 SW INVERURIE RD	$899,000	4	2.1	2492	DETACHD	5
30 HILLSHIRE DR	$950,000	4	2.1	3887	DETACHD	2
16176 NOLA CT	$969,000	4	2.1	2945	DETACHD	5
6 SHERWOOD CT	$995,900	4	2.1	3133	DETACHD	4
18015 CARDINAL DR	$1,095,000	3	2	1622	DETACHD	5
3931 BASS LN	$1,365,000	5	4.1	4284	DETACHD	2
19305 HILL TOP RD	$1,375,000	4	3.1	5116	DETACHD	239
1891 PALISADES LAKE CT	$1,425,000	4	4.1	5389	DETACHD	193
558 6TH ST	$1,550,000	3	3.1	2949	DETACHD	4
3159 DOUGLAS CIR	$1,595,000	6	4.1	4500	DETACHD	3
784 6TH ST	$1,625,000	4	3	3200	DETACHD	5
1799 ATHERTON DR	$1,669,000	4	5.1	6280	DETACHD	37
18639 PILKINGTON RD	$1,675,000	4	4	4281	DETACHD	7
19342 LORNA LN	$1,685,000	4	3.1	4375	DETACHD	2
6 DOVER WAY	$1,795,000	4	3.1	4499	DETACHD	9
13217 AMBER PL #1	$1,849,000	4	3.1	3861	DETACHD	430
2950 WEMBLEY PARK RD	$2,499,000	5	5.1	6667	DETACHD	3
18277 CRESTLINE DR	$2,850,000	4	5.1	6892	DETACHD	169
584 RIDGEWAY RD	$4,398,000	4	3.2	4996	DETACHD	3

SOLD April 19-25, 2021

Address	OpeningPrice	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #51	$180,000	$180,000	1	1	670	CONDO	13
4000 CARMAN DR #36	$222,500	$233,000	1	1	836	CONDO	2
48 EAGLE CREST DR %F	$264,900	$240,000	2	2	1370	CONDO	428
26 CERVANTES CIR / Ground	$261,900	$240,000	2	1.1	1107	CONDO	56
4185 CHILDS RD	$535,000	$550,000	3	1.1	1175	DETACHD	5
16880 CORTEZ CT	$575,000	$573,000	3	3	2313	DETACHD	27
63 TANGLEWOOD DR	$625,000	$650,000	4	3	2819	DETACHD	3
1820 SOUTHSHORE BLVD	$700,000	$706,000	3	3	2403	DETACHD	4
5139 TUALATA LN	$799,900	$822,191	4	3	2132	DETACHD	2
2552 PALISADES CREST DR	$975,000	$955,000	4	2.1	3176	DETACHD	12
5544 KILCHURN AVE	$995,000	$1,050,000	4	2.1	3308	DETACHD	4
17311 CANYON DR	$1,149,000	$1,079,000	6	3	5376	DETACHD	35
1061 YATES ST	$1,100,000	$1,136,000	4	3.1	2899	DETACHD	14
17990 RIDGE LAKE DR	$1,445,000	$1,420,000	5	3.1	3897	DETACHD	21
1505 LAKE FRONT RD	$3,495,000	$3,470,000	5	3.1	5525	DETACHD	4
1300 FOREST MEADOWS WAY	$4,098,000	$4,150,000	5	4.2	5974	DETACHD	46

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.

April 25, 2021

3D Printed Houses

This is a bit of a divergence from the usual posts that Linda and I write where we try to focus on Lake Oswego Real Estate. Instead I decided to share something that I find just fascinating: 3D printed houses.

A company in Texas, ICON, is 3D printing houses. The company set a goal of finding a way to build houses that are more affordable, resilient, and that can be built faster. Their first house was built in 2018. it was 350 square feet and took 48 hours to print out. It was built in Austin, Texas, a place with very strict building codes. The house was fully permitted.

The printer is quite large, as you can imagine. It’s called a Vulcan II. It extrudes a cement compound called Lavacrete. It pours out 5-7 inches per second. Today, a 400-500 square foot house can be built in 24 hours.

Today, houses can be built up to 2000 square feet.

I say “built”, but I think that is a rather a loose term in this enstance. Once the shell of the house has been “printed”, it is set on a foundation and the components, like windows, doors, plumbing, etc., are added.

The printer can do more than build square boxes. It can be programed for things like curved walls and vaulted ceilings.

The cost savings is approximately half of a traditional stick built home. Partnering with Mobile Loaves and Fishes, ICON is working to build housing for the homeless.

I just love the inovation and found this entire concept intriquing. For more information, click here.

I hope you found this as fascinating as I did, and, as always, thanks for reading the blotter.

Dianne

April 24, 2021

Market Activity April 12-18, 2021

We have been having a truly beautiful spring. It’s the perfect time of year to do some house shopping and looking at last week’s numbers in Lake Oswego, I’m not alone in this thinking. We had 9 new listings come onto the market, 30 move into pending status, and 13 sold/closed properties.

Please see below for RMLS details.

New Listings April 12-14, 2021

Address	Type	Price	BR	Baths	Sq Ft
750 1st St E28	Condo	$245,000	1	1	902
4000 Carman Dr #60	Condo	$265,000	2	2	866
38 Northview Ct	Attached	$638,900	4	4	3125
4527 Trillium Woods	Attached	$845,000	3	2.5	2273
4350 Upper Dr	Detached	$875,000	3	2	1717
17787 Blue Heron Dr	Detached	$895,000	4	3	2519
18639 Pilkington Rd	Detached	$1,675,000	4	4	4281
2572 Glen Eagles Pl	Detached	$2,950,000	5	4.5+.5	6532
2254 Knaus Rd	Detached	$4,125,000	4	5.4	7436
1475 Oak Terrace	Detached	$4,699,000	5	3.5	3674

Pending Sales April 12-18, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
86 Kingsgate Rd A202	Condo	$246,000	2	2	849	28
5059 Foothills Dr E	Condo	$312,000	2	2	989	10
5059 Foothills Dr G	Condo	$335,000	2	2	991	14
5225 Jean Rd #513	Condo	$349,900	3	2	1400	4
750 1st St B-1	Condo	$395,000	3	2	1546	5
22 Condolea Dr	Condo	$410,000	2	2	1448	1
16748 Lake Forest Blvd	Detached	$445,000	3	1	1076	5
668 McVey Ave #33	Condo	$499,000	2	1	852	49
18631 Kristi Way	Detached	$525,000	4	1.5	1472	4
5978 Fernbrook Circle	Detached	$585,000	4	2.5	1612	4
16041 Waluga Dr	Detached	$679,000	4	2	1982	7
1620 Woodland Terrace	Detached	$690,000	4	3	2352	4
1931 Mapleleaf Ct	Detached	$699,900	4	2.5	2292	5
1033 Spruce St	Detached	$745,000	2	2.5	1638	12
209 Evergreen Rd	Attached	$755,000	3	3.5	2045	3
1710 Yarmouth Circle	Detached	$769,000	2	2	1540	2
100 D Ave	Attached	$798,000	2	2.5	1847	5
538 Livingood Ln	Detached	$875,000	4	2.5	2807	4
17167 Cedar Rd	Detached	$880,000	3	2	2673	3
1768 Glenmorrie Dr	Detached	$978,000	3	3	2904	2
524 Weidman Ct	Detached	$979,000	4	2.5	3450	8
19244 35th Pl	Detached	$1,095,000	5	3	3503	59
885 10th St	Detached	$1,150,000	4	2.5	2633	21
19201 Maree Ct	Detached	$1,300,000	5	2.5	4290	27
822 6th St	Detached	$1,444,900	4	3	2920	3
137 Furnace St	Condo	$1,479,000	3	2	1927	3
2065 Ridge Pointe Dr	Detached	$1,495,000	5	4	4790	19
17509 Ridgeview Ln	Detached	$1,599,900	4	33.5	3938	2
17660 Wayside Ln	Detached	$1,950,000	5	3.5	4784	5
18012 Eastridge Ln	Detached	$2,100,000	5	3.5	5875	10

Sold/Closed Sales April 12-18, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
4 Touchstone #112	Condo	$219,000	$217,000	1351	178
41 Greenridge Ct	Attached	$415,000	$415,000	1,652	9
1485 Hallinan St	Detached	$540,000	$528,000	1311	6
16227 Kimball St	Detached	$574,900	$575,800	1572	5
4832 Redwing Way	Detached	$599,900	$637,000	1472	3
692 2nd St	Detached	$759,900	$720,000	2140	17
17726 Overlook Ln	Detached	$725,000	$735,000	2697	2
14221 Dolph Ct	Detached	$755,000	$765,000	2081	5
17189 Carlson Ct	Detached	$735,000	$830,000	3007	5
1080 Upper Devon Ln	Detached	$974,900	$995,000	2335	4
17884 Kelok Rd	Detached	$1,229,000	$1,183,650	4,124	19
1961 Summit Dr	Detached	$1,200,000	$1,200,000	3137	0
4398 Lakeview Blvd	Detached	$2,100,000	$2,300,000	3260	115

April 18, 2021April 18, 2021

News & Notes ~ March 2021 Numbers

Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.

Overview/Fluctuations ~ Market Data March 2021:

Low Inventory continues to be the driver of competition in the greater Portland area where we see price increases in most neighborhoods/areas from the prior month & all areas increasing over 2020. (See below for breakdown). Comparing 2021 to the same period in 2020 thru March, Overall Average Price has increased 16.6% and Median Price 14.9%.

My trusted Mortgage Advisors say Mortgage rates are hovering around 3.125%. This rate varies and can be reduced with a buy-down, or affected by individual qualifiers. I’m happy to connect you with someone to discuss your particular situation.

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

There were 3,465 New Listings in March 2021 decreased only slightly at 0.1% from March 2020’s 3,468 and increased 40.1% from the previous month/February’s 2,474.
At 2,556, March 2021’s Closed Sales are up 8.5% from March 2020’s 2,356, and also up 29.2% from the previous month/February’s total of 1,978
At 3,346, March 2021’s Pending Sales increased 42.6% from March 2020’s 2,347, and also jumped up by 51.5% from the previous month/February’s total of 2,208.
The Average Sale Price in March 2021 of $554,300 is up $88,800 from last year/March2020’s $465,500, and up $12,300. from the previous month/February’s $542,000.
The “Median” Sale Price (the price smack dab in the middle of all sales) in March 2021 of $488,000 rose $63,000 from last year/March 2020’s $425,000, and also increased $8,900 from the previous month/February’s $479,100.

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of March 2021 reported:

112 Active Listings (Feb 82)
188 New Listings (Feb 97)
156 Pending Sales (Feb 92)
112 Closed Sales (Feb 92)
Average Sale Price for Mar: $944,100 (Feb $876,900)
- 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.
77 Average Days on the Market (Feb 77)

April 15, 2021April 15, 2021

Market Activity ~ April 5-11, 2021

NEW April 5-11, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
526 S State ST 5A	$314,950	2	1	914	CONDO
225 CERVANTES	$319,000	2	1.1	1216	CONDO
3101 MCNARY PKWY #6	$399,900	3	2.1	1532	CONDO
76 GREENRIDGE CT	$674,900	4	3.1	2868	ATTACHD
16041 WALUGA DR	$679,000	4	2	1982	DETACHD
9 FALSTAFF ST	$759,000	4	2.1	2436	DETACHD
18634 Bryant RD	$775,000	3	2.1	2858	DETACHD
19233 INDIAN SPRINGS RD	$799,950	4	4.1	3423	DETACHD
537 COUNTRY CLUB RD	$849,000	3	2	1901	DETACHD
100 LEONARD ST, Upper Lvl	$965,000	3	2.1	2482	CONDO
524 WEIDMAN CT	$979,000	4	2.1	3450	DETACHD
6 DOVER WAY	$1,795,000	4	3.1	4499	DETACHD
17979 S CRESTLINE DR	$3,045,000	4	3	4858	DETACHD

PENDING April 5-11, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
366 CERVANTES CIR	$210,000	2	1	832	CONDO	2
4 TOUCHSTONE #82	$258,000	3	2.1	1351	CONDO	238
5840 SW BURMA RD	$475,000	3	1.1	1632	DETACHD	47
19255 BENFIELD AVE	$499,000	3	2	1840	DETACHD	36
5720 KENNY ST	$499,900	3	2	1416	DETACHD	3
19242 TERRY AVE	$619,900	4	2	1872	DETACHD	2
143 DEL PRADO ST	$621,500	3	2	1907	DETACHD	0
17 ABELARD ST	$650,000	3	2	2122	DETACHD	2
4688 OAKRIDGE RD	$675,000	3	2	1788	DETACHD	17
17608 SYDNI CT	$675,000	4	2.1	2466	ATTACHD	19
5316 LOWER DR	$699,000	3	2.1	2016	DETACHD	15
1268 HIDE A WAY CT	$759,900	4	2.1	2423	DETACHD	6
115 FURNACE ST 2N	$819,000	2	2.1	1885	CONDO	30
5 Mountain View LN	$849,000	5	3.1	3850	DETACHD	61
672 1ST ST	$850,000	2	2.1	1986	CONDO	4
12793 SIERRA VISTA DR	$899,900	4	3.1	3650	DETACHD	3
10 YORICK ST	$925,000	5	3.1	4023	DETACHD	19
1515 CHERRY LN	$925,000	5	3.1	4699	DETACHD	4
12624 SW 22ND AVE	$945,000	4	3.1	3665	DETACHD	4
5544 KILCHURN AVE	$995,000	4	2.1	3308	DETACHD	4
115 ASH ST	$1,025,000	4	3	4469	DETACHD	7
18041 CARDINAL DR	$1,095,000	3	2.1	1950	DETACHD	1
1061 YATES ST	$1,100,000	4	3.1	2899	DETACHD	14
4431 BERNARD ST	$1,149,000	4	3	2840	DETACHD	23
486 LAKE BAY CT	$1,150,000	3	2	1603	DETACHD	4
1255 Bickner ST	$1,199,000	4	2.1	2764	DETACHD	58
18958 BRYANT RD	$1,199,900	4	2.1	3178	DETACHD	13
1992 PALISADES TERRACE DR	$1,250,000	5	3.1	4140	DETACHD	7
13613 PROVINCIAL HILL WAY	$1,550,000	6	3.1	4534	DETACHD	4
15400 DIAMOND HEAD RD	$2,100,000	4	3.1	3358	DETACHD	1
95 IRON MOUNTAIN BLVD	$2,195,000	5	4.1	5710	DETACHD	184
15780 TWIN FIR RD	$2,769,900	4	4.1	4270	DETACHD	44

SOLD April 5-11, 2021`

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #43	$209,500	$212,000	2	1	1017	CONDO	3
4000 CARMAN DR G101	$248,900	$260,000	2	2	869	CONDO	4
4644 LOWER DR, Upper Lvl	$260,000	$285,000	2	1.1	1170	CONDO	5
578 2ND ST	$539,900	$539,900	2	2.1	1361	PLNCOMM	6
853 E AVE	$650,000	$650,000	2	1	750	DETACHD	6
2679 GLEN EAGLES RD	$729,900	$702,000	3	3	2378	DETACHD	277
18975 OLSON AVE	$600,000	$736,000	6	3	3569	DETACHD	5
33 TOUCHSTONE	$699,900	$770,000	5	4	3854	DETACHD	5
4749 BLACK FOREST CT	$715,000	$775,000	4	2.1	2255	DETACHD	5
5796 BAY POINT DR	$775,000	$843,000	4	2.1	2399	DETACHD	2
16631 FORD PL	$899,900	$920,000	4	2.1	3180	DETACHD	4
4184 VIRGINIA WAY	$849,900	$976,000	4	2	1700	DETACHD	5
2240 RIDGEWOOD RD	$939,000	$1,075,000	4	3.1	2777	DETACHD	2
100 GARIBALDI ST	$1,175,000	$1,210,000	5	3.2	4572	DETACHD	3
15420 BOONES WAY	$1,345,000	$1,325,000	3	2.1	3364	ATTACHD	43
419 7TH ST	$1,350,000	$1,350,000	4	2.1	2813	DETACHD	11
17010 Canal CIR	$1,595,000	$1,665,000	4	3.1	3746	DETACHD
1947 Summit DR	$1,795,000	$1,716,000	4	5.1	5570	DETACHD	150
16655 MAPLE CIR	$3,498,000	$3,170,000	3	3.1	3100	DETACHD	0

April 10, 2021

Tree City USA

This year is the 32nd year that Lake Oswego has maintained the designation of “Tree City USA”. To have this designation a city must maintain four standards: have a Tree Board that brings together Parks, Recreation, and a Natural Resources Advisory Board; have a tree ordinance; spend a minimum of $2 per capita on urban forest management; and proclaim and celebrate Arbor Day annually.

Arbor Day is the last Friday in April, and April is Arbor Month. There are numerous ways that Lake Oswego is celebrating.

Tree Pruning Workshop

April 24th, 10am to 12pm, at the Pavilion at Foothills Park. Due to covid, attendance is limited and pre-registration is required. Pruning and maintaining trees is crucial, not just for the health of the tree, but truly for the safety of the home. Our big ice storm last month was a perfect example. Lake Oswego has lots and lots of trees. That ice storm took down so many limbs and many of those limbs were distructive to property, not to mention the power outages. At my home, we had an arborist clean up our trees about 5 years ago. I have 5 huge trees on my property. In the ice storm, not one limb came down. Not one. To register for this workshop telephone 503-635-0290 or email planning@lakeoswego.city. The class is free

Gnomes in Nature

Gnomes are being hidden at three parks: Foothills, River Run, and Stevens Meadows. The gnomes have names: Blossom, Greenie, and Oak. Between now and October get out to enjoy the parks and when you find a gnome, take your picture with the gnome and post it to social media using the hashtag #LOparksgnomes. Each time you post this hashtag you will be entered into a contest to win your very own gnome. Did you know that LO has over 460 acres of natural park areas? Visit lo-stewardship.org for park locations, gnome clues, and to learn more about each gnome.

Heritage Trees

Lake Oswego has annually been designating trees as “Heritage Trees” for 40 years. They are magnificent and each year when a tree is designated I like to go and see it. Most are on private property, so viewing them is done from the street, but wow, they are gorgeous. This years tree is a 55′ tall Japanese Zelkova that measures 6′ 10″ in circumference and has a crown with a 60′ spread. It is located at 3209 Lake Grove Blvd. To see a complete list of the Heritage Trees and where they are located, visit lakeoswego.city/planning/heritage-tree-program.

I honestly think that people move to Oregon, not just Lake Oswego, because they love the natural beauty and being in the outdoors. We’re now moving into the time of year when going outside is such a pleasure! I’m proud that my city, Lake Oswego, knows this and values its natural resources. Three cheers for LO and Tree City USA!

Dianne