Tag: listings

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Market Activity ~ Sept 3-9, 2018

Greetings Property Blotter readers1

There are 315 homes for sale in Lake Oswego. Last week 18 New properties entered the market, 12 moved to Pending status, and 18 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Sep 3-9, 2018)

Address List Price # Beds # Baths Total SF Prop Type
3668 SPRING LN/Upper $284,900 2 2 1117 CONDO
4433 THUNDER VISTA LN/Grnd $370,000 3 2.1 2002 CONDO
5305 KENNY ST $425,000 3 1 1170 DETACHD
391 LIVINGOOD LN $540,000 5 3 3872 DETACHD
13422 AUBURN CT $639,698 3 2.1 2612 ATTACHD
38 BRIARWOOD RD $800,000 7 2.2 2554 DETACHD
13459 PROVINCIAL HILL WAY $819,900 3 2.1 2896 DETACHD
1041 CHANDLER RD $899,000 3 2 1696 DETACHD
161 FURNACE ST/Main $950,000 2 2 2134 CONDO
4105 PFEIFER CT $989,000 5 2.1 4176 DETACHD
548 4TH ST $1,195,000 3 4.1 3186 TOWNHSE
13659 WESTLAKE DR $1,350,000 4 3.1 4274 DETACHD
2148 SUMMIT DR $1,495,000 5 2.1 3883 DETACHD
3123 DOUGLAS CIR $1,549,000 4 3.1 3664 DETACHD
3177 STONEBRIDGE WAY $1,598,000 4 4.2 5097 DETACHD
3817 UPPER DR $1,629,000 4 3.1 4246 DETACHD
1978 EGAN WAY $1,698,000 4 5.2 6761 DETACHD
1527 LAKE FRONT RD $5,295,000 5 6.1 7220 DETACHD

PENDING SALES (Sep 3-9, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
15938 QUARRY RD A1 $219,900 2 1 996 CONDO 3
210 S STATE ST #7 $299,400 3 2 1284 CONDO 125
40 WHEATHERSTONE $429,000 3 2.1 1692 CONDO 35
19071 LONGFELLOW AVE $465,000 3 1 1152 DETACHD 95
17797 OVERLOOK CIR $499,900 4 2.1 2908 DETACHD 71
18421 INDIAN CREEK DR $515,000 3 2 1836 DETACHD 4
17226 TUALATIN ST $629,000 4 2.1 1984 DETACHD 102
5668 VICTORIA CT $729,000 4 2.1 3024 DETACHD 5
13822 MELROSE PL $995,000 4 3.1 3529 DETACHD 51
624 ATWATER RD $1,250,000 5 3.1 4463 DETACHD 4
4287 HAVEN ST $1,299,950 4 3.1 4007 DETACHD 56
18284 MEADOWLARK LN $1,375,000 5 5.1 5425 DETACHD 3

SOLD (Sep 3-9, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #122 $186,000 $169,200 2 2 984 CONDO 44
47 EAGLE CREST DRbb#15 $185,000 $182,000 2 1 1009 CONDO 8
209 OSWEGO SMT / Upper $250,000 $245,000 2 2 1383 CONDO 27
12868 BOONES FERRY RD $399,900 $385,500 2 2.1 1136 CONDO 63
4862 INDIAN CREEK CT $499,990 $499,990 3 2 1390 DETACHD 45
3585 LAKE GROVE AVE $550,000 $545,000 4 2 1575 DETACHD 46
26 PARTRIDGE LN $550,000 $550,000 4 3 2464 DETACHD 4
31 WESTRIDGE DR $619,000 $641,500 5 2.1 3492 DETACHD 5
18028 WESTMINSTER DR $805,000 $670,000 4 3.1 4501 DETACHD 116
1445 GREENTREE CIR $675,000 $675,000 4 3 2842 DETACHD 37
13984 CHELSEA DR $849,000 $807,500 4 2.1 3216 DETACHD 86
17851 WESTVIEW DR $869,000 $840,000 4 3.1 3433 DETACHD 146
927 OAK ST $895,000 $875,000 5 3.1 2864 DETACHD 50
17637 WOODHURST PL $949,500 $925,000 5 3.2 4833 DETACHD 104
18955 BRYANT RD $998,900 $975,000 4 2.1 3647 DETACHD 73
13857 AMBERWOOD CIR $995,000 $980,000 4 2.1 3916 DETACHD 7
2107 GOODALL CT $1,079,000 $1,000,000 4 3 3029 DETACHD 82
13910 STAMPHER RD $1,950,000 $1,750,000 4 3.1 4488 DETACHD 35

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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Market Activity Aug 27-Sept 2, 2018

I think I detected the nip of fall in the air this morning. This is such a beautiful time of year in Oregon. September is hard to beat! The market was slightly slower last week but still lots going on. There were 14 new listings, 16 houses that went into pending status, and 10 sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Aug 27-Sept 2, 2018)

Address Type Price BR Baths Sq Ft
4041 Jefferson Pkwy Condo $279,900 1 1.5 1060
5225 Jean Rd #513 Condo $315,000 3 2 1400
1418 Boca Ratan Dr Townhouse $375,000 4 2 1611
3942 Carman Dr #3942 Condo $399,000 3 2.5 1354
1033 Hallinan St Detached $419,900 3 1 936
18421 Indian Creek Dr Detached $515,000 3 2 1836
1565 Meadows Dr Detached $540,000 3 2.5 2508
18 Grouse Terr Detached $565,000 4 2.5 2631
6122 Carman Dr Detached $575,000 4 2 1508
1550 Bedford Ct Detached $649,000 2 2.5 2359
4188 Cobb Way Detached $649,900 6 3 2586
2981 Vale Ct Detached $748,900 4 2.5 3516
5959 Suncreek Dr Detached $819,900 4 2.5 3315
19666 Canal Rd Detached $1,195,000 6 3.5 3900

Pending Sales (Aug 27-Sept 2, 2018)

Address Type Price BR Baths Sq Ft CDOM
17566 Blue Heron Ct Detached Auction 4 3 3412 21
100 Kerr Pkwy #44 Condo $190,000 2 1.5 823 9
16250 Pacific Hwy #47 Condo $225,000 2 1 1305 9
9 Oriole Ln Detached $411,000 3 3 1928 159
4366 Woodside Circle Attached $437,500 3 2.5 1963 47
18807 Kristi Way Detached $499,000 3 2 1256 6
17141 Hofer Ct Detached $515,000 2 2.5 2076 5
540 6th St Detached $575,000 3 1 748 0
13220 Thoma Rd Detached $599,000 3 2 2208 3
6150 Kenny St Detached $625,000 3 2.5 2070 8
3413 Royce Way Detached $628,000 3 2.5 2753 236
17790 Overlook Circle Detached $629,900 3 3 3480 97
14495 Pfeifer Dr Detached $739,500 4 2.5 3732 7
630 9th St Detached $799,000 4 3 2576 99
13391 Steamside Ct Detached $985,000 4 3.5 3601 18
2896 Lakeview Blvd Detached $2,890,000 5 4.5 4244 74

Sold/Closed (Aug 27-Sept 2, 2018)

Address Type List Price Sold Price Sq Ft CDOM
520 State St 5B Condo $243,000 $235,000 914 106
18609 Kristi Way Detached $439,999 $435,000 1154 15
1714 Greentree Rd Detached $575,000 $539,000 3110 167
1699 Parrish St Detached $550,000 $550,000 1820 4
3615 Upper Dr Detached $585,000 $595,000 1529 3
605 Country Club Rd Detached $689,000 $635,000 3422 60
4693 Lakeview Blvd Detached $624,990 $678,500 2021 2
6072 Clairmont Ct Detached $725,000 $695,000 2653 45
13348 Leslie Ct Detached $1,200,000 $1,150,000 3863 40
140 Berwick Rd Detached $1,295,000 $1,269,500 3114 43

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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Tips & Tidbits ~ Contract Timelines

* Make sure to pay attention to timelines in the contract.

 

I’ve talked about these things herein before, but I think it was a few years back, so here’s a refresher~

Buyers: For instance: The typical scenario is 10 business-days for Inspections. In this situation I try to schedule any Inspections sooner rather than later so as to give time for thought on the Buyers’part, and/or additional Inspections or estimates for any repairs. You need to keep in mind that any repairs need to be negotiated *prior* to 5PM on that last business day of your Inspection Period. If you are the Buyer, don’t wait till the last second to approach these issues with the Seller (i.e with your Realtor). Once you pass the 5PM deadline, if you’ve done so without negotiating repairs, you’re moving forward without repairs ; )

Another example is the Closing Date– The Closing Date in the contract is an “On or Before” date. If you are the Buyer in a transaction, and the Lender tells you at the last minute that they’re not going to make that date and says “Oh, just extend the Closing Date”, you can indeed to that with an Addendum… IF THE SELLER ALSO AGREES IN WRITING. Keep in mind that its always possible that the Seller has received a verbal or other Offer higher than yours during the process that might be tempting, or that their timeline may be “do or die” because of how the dominoes fall on their end (moving van schedules, Closing on another transaction, etc). So…Usually people will agree to this, but as the Buyer, your Earnest Money is on the line if you do not meet your agree-upon timelines.

The same goes for Sellers– You must deliver Possession on the date and time agreed, for instance.

If a Buyer sends you a Repair Addendum and you do not respond by close to 5PM on the 10th business day (well before that would be recommended : ) your Buyer could misinterpret your lack of response as a signal that you are pushing them beyond where they’re comfortable and leaving them with repairs they do not want to take on. They may pull their Offer so as to protect themselves. That would not be good.

As in all things, just proceed with Good Faith! And in a home-selling/buying situation,  abide by the timelines and you’ll be fine!

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Market Activity ~ Aug 20-26, 2018

Summer is indeed winding down. There are, however, plenty of great homes out there and lots of activity. Right at this moment there are 299 homes for sale in Lake Oswego. Last week 13 New properties entered the market, 21 moved to Pending status, and 16 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Aug 20-26, 2018)

Address List Price # Beds # Baths Total SF Prop Type
86 KINGSGATE RD G202 $179,500 2 2 849 CONDO
100 KERR PKWY #44 $190,000 2 1.1 823 CONDO
45 EAGLE CREST DR #413 $204,900 2 1.1 1056 CONDO
4417 THUNDER VISTA LN $325,000 2 2.1 2002 CONDO
1710 ASPEN CT $439,900 3 2 1437 DETACHD
4301 COLLINS WAY $519,000 3 2 1617 DETACHD
6187 FROST LN $564,900 4 2.1 2149 DETACHD
6150 KENNY ST $625,000 3 2.1 2070 DETACHD
5311 CHILDS RD $719,000 4 3 1929 DETACHD
14495 PFEIFER DR $739,500 4 2.1 3732 DETACHD
5 JUAREZ ST $749,000 5 3.1 4393 DETACHD
3487 LAKE GROVE AVE $1,275,000 4 3.1 3473 DETACHD
862 CEDAR ST $1,365,000 4 3.1 3914 DETACHD

PENDING SALES (Aug 20-26, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #31 $159,000 1 1 618 CONDO 12
4000 CARMAN DR E74 $204,888 2 2 836 CONDO 56
4000 CARMAN DR A10 $209,900 2 2 836 CONDO 51
39 OSWEGO SMT / Grnd $220,000 2 2 1212 CONDO 71
44 EAGLE CREST DR #22 $222,900 3 2 1085 CONDO 39
4000 CARMAN DR #50 $239,000 1 1 890 CONDO 140
213 OSWEGO SMT $245,000 2 2 1383 CONDO 15
12848 BOONES FERRY RD $389,900 2 2.1 1182 CONDO 34
6291 HARRINGTON AVE $425,000 3 2 1472 DETACHD 6
1651 WOODLAND TER $445,000 5 3 2737 DETACHD 35
507 ASH ST $449,500 4 3 4666 DETACHD 206
5228 BONITA RD $485,000 3 2 1310 DETACHD 6
17590 BLUE HERON RD $499,900 4 2.1 2160 DETACHD 3
17143 REBECCA LN $529,000 3 2.1 1943 DETACHD 45
5475 WILLOW CT $549,000 3 2.1 2438 ATTACHD 63
17310 CANYON DR $550,000 5 3 2716 DETACHD 82
1400 LEE ST $579,900 5 3 2840 DETACHD 62
3075 ROYCE WAY $775,000 4 3.1 3724 DETACHD 125
650 1ST ST $1,150,000 3 2.1 2767 CONDO 24
1828 EGAN WAY $1,195,000 3 2.1 3779 DETACHD 340
1175 WESTWARD HO RD $1,599,900 3 3.1 3547 DETACHD 38

SOLD (Aug 20-26, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #5 $159,000 $149,000 1 1 617 CONDO 59
4 TOUCHSTONE #99 $210,000 $205,000 2 2 984 CONDO 25
4000 CARMAN DR C 49 $327,995 $300,000 2 1.1 1004 CONDO 61
45 GREENRIDGE CT $394,900 $394,900 3 2.1 1645 TOWNHSE 36
6137 Childs RD $399,900 $421,000 3 1 946 DETACHD 6
15451 Tanager DR $577,000 $569,000 2 2 1970 DETACHD 7
5564 BONITA RD $649,000 $603,500 3 2.1 2435 DETACHD 71
1911 WOODLAND TER $650,000 $655,000 3 2.1 2060 DETACHD 3
12777 SIERRA VISTA DR $699,000 $670,000 4 2.1 3144 DETACHD 108
220 4TH ST $649,000 $687,250 3 2 1840 DETACHD 6
1159 BAYBERRY RD $949,000 $887,500 4 2.1 2508 DETACHD 26
2949 WESTVIEW CIR $989,900 $980,000 4 3 3326 DETACHD 35
820 FAIRWAY RD $1,224,000 $1,195,000 4 3.1 3758 DETACHD 36
18262 MEADOWLARK LN $1,398,800 $1,312,888 5 3.1 4757 DETACHD 67
629 Middlecrest RD $1,449,000 $1,325,000 4 4 3575 DETACHD 85
893 CEDAR ST $1,375,000 $1,335,000 4 3.1 3740 DETACHD 182

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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News & Notes ~ July 2018

Activity overall is mixed in the Portland area in relation to 2017, and the general consensus is that the market  is leveling out a bit.

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

  • According to the RMLS Market Action Report for the Portland Metro Area, July, 2018:
    • There were 4,312 New Listings in July 2018 which was up 2.6% from July of 2017’s 4,202, and down 4.5% from the previous month/June of 2018’s total of 4,515.
    • At 2,736, July Closed Sales fell  2.0% from July 2017’s 2,793, and/but were also down 7.1 % from the previous month/June 2018’s total of 2,946.
    • July’s Pending Sales (accepted offers), at 3,071 were up slightly at  1.0% from July of 2017’s 3,040, and were also up 0.4% from the previous month/June 2018’s total of  3,059.
    • The Average Sale Price in July of $455,100 was up $7,700 from July 2017’s $447,400, and down from the previous month/June 2018’s $472,400 by $17,300.   

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

  • North Portland:  $415,900              6.7%   (June 430,100)
  • NE Portland:  $467,400                   4.8%   (June 490,000  )
  • SE Portland:  $425,400                   6.9%   (June 443,600)
  • Gresham/Troutdale:   $361,500   10.5%   (June 357,900)
  • Milwaukie/Clackamas:  $427,400  5.5%   (June 434,100  )
  • Oregon City/Canby:   $439,400      7.4%   (June 434,100)
  • Lake Oswego/West Linn:$689,700 6.3%   (June 685,700)
  • West Portland:    $591,000             1.4%   (June 635,600)
  • NW Wash County:  $552,500          4.5%   (June 572,200)
  • Beaverton/Aloha:     $383,600        7.9%   (June 400,100 )
  • Tigard/Wilsonville:   $452,700        8.6%   (June 481,500 )
  • Hillsboro/Forest Grove: $403,100  8.5%   (June 409,900)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of July 2018 reported:

    •  498 Active Listings   (June 341)
    •  269 New Listings     (June 261)
    •  164 Pending Sales  (June 192)
    •  153 Closed Sales      (June 154)
    • Average Sale Price for July: $689,700  (June 685,700)
      • 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.
    •  53 Average Days on the Market   (June 52)
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Market Activity ~ Aug 6-12, 2018

Last week 26 New properties entered the market in Lake Oswego, 32 moved to Pending status, and 19 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Aug 6-12, 2018)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #31 $159,000 1 1 618 CONDO
92 GALEN ST / Upper $189,000 1 1 689 CONDO
104 OSWEGO SMT #104 $195,000 1 1 764 CONDO
4 TOUCHSTONE #113 $229,000 2 2 984 CONDO
213 OSWEGO SMT / Upper $245,000 2 2 1383 CONDO
3808 BOTTICELLI ST $274,500 3 2 1224 CONDO
247 CERVANTES / Upper $320,000 2 2 1384 CONDO
104 GREENRIDGE CT $385,000 3 2 1728 ATTACHD
240 GREENRIDGE DR $425,000 3 2 1514 ATTACHD
72 WHEATHERSTONE $439,900 3 3.1 2465 CONDO
7 SUMMIT RIDGE CT $445,000 2 2.1 1704 ATTACHD
110 KINGSGATE RD $499,900 3 2.1 1669 DETACHD
5105 ROSEWOOD ST $549,900 4 2 1848 DETACHD
16942 CANAL CIR $675,000 3 2 1551 DETACHD
2719 GREENTREE RD $689,000 5 3.1 3886 DETACHD
17436 Wren CT $715,000 3 3 2311 DETACHD
1830 CLOVERLEAF RD $729,000 3 2.1 1857 DETACHD
18238 TAMAWAY DR $729,900 5 3 5504 DETACHD
17401 UPPER CHERRY LN $750,000 4 3.1 3791 DETACHD
725 10TH ST $795,000 3 2 2016 DETACHD
17323 LAKE HAVEN DR $799,000 3 2.1 1897 DETACHD
19413 LORNA LN $1,099,000 3 2.1 3838 DETACHD
18650 STAFFORD RD $1,100,000 4 2.1 2840 DETACHD
35 HIDALGO ST $1,100,000 3 3.1 3926 DETACHD
1099 TERRACE DR $1,749,000 5 4.1 4965 DETACHD
17566 BLUE HERON CT AUCTION 4 3 3412 DETACHD

PENDING SALES (Aug 6-12, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #30 $166,500 1 1 617 CONDO 6
92 OSWEGO SMT #92 $175,000 1 1 764 CONDO 2
86 KINGSGATE RD H203 $215,000 2 2 849 CONDO 25
109 OSWEGO SMT / Upper $234,900 2 2 1212 CONDO 4
209 OSWEGO SMT / Upper $250,000 2 2 1383 CONDO 27
203 CERVANTES / Upper $280,000 2 2 1100 CONDO 28
750 1ST ST A-10 $289,900 2 2 1350 CONDO 11
4000 CARMAN DR C-49 $297,500 2 1.1 1004 CONDO 61
5225 JEAN RD #501 $349,900 3 2 1500 CONDO 6
1218 LAUREL ST $419,000 4 2 1485 DETACHD 24
4837 REDWING WAY $429,900 3 1.1 1180 DETACHD 3
4366 WOODSIDE CIR $437,500 3 2.1 1963 ATTACHD 26
1115 OAK TER $498,000 4 2.1 1880 DETACHD 12
4862 INDIAN CREEK CT $499,990 3 2 1390 DETACHD 45
26 PARTRIDGE LN $550,000 4 3 2464 DETACHD 4
775 BOCA RATAN DR $550,000 4 3.1 2710 DETACHD 74
553 6TH ST $579,000 1 1 1876 DETACHD 1
31 WESTRIDGE DR $619,000 5 2.1 3492 DETACHD 5
2401 HILLSIDE DR $649,900 4 3 3342 DETACHD 15
1435 GREENTREE CIR $650,000 4 2.1 2269 DETACHD 2
1445 GREENTREE CIR $675,000 4 3 2842 DETACHD 37
13984 CHELSEA DR $824,900 4 2.1 3216 DETACHD 86
17851 WESTVIEW DR $848,000 4 3.1 3433 DETACHD 146
13188 TWIN CREEK CT $859,000 4 2.1 3480 DETACHD 20
927 OAK ST $875,000 5 3.1 2864 DETACHD 50
16987 ALDER CIR $879,000 2 2.1 1991 DETACHD 274
17660 STAFFORD RD $975,000 5 3.1 3313 DETACHD 0
13857 AMBERWOOD CIR $995,000 4 2.1 3916 DETACHD 7
1563 BAY VIEW LN $1,098,000 5 4.1 5615 DETACHD 396
817 HOODVIEW LN $1,369,000 5 4 4141 DETACHD 1050
1056 BAYBERRY RD $1,549,000 4 4 3805 DETACHD 124
17210 CEDAR RD $2,095,000 4 3 2813 DETACHD 40

SOLD (Aug 6-12, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD D103 $222,900 $223,000 2 2 924 CONDO 4
5064 FOOTHILLS DR F $359,900 $335,000 2 2 1252 CONDO 61
5751 WASHINGTON CT $500,000 $409,500 5 2 2120 DETACHD 4
55 NORTHSHORE RD #9 $450,000 $440,000 2 1.1 2025 CONDO 385
668 MCVEY AVE #54 $499,000 $490,000 3 1.1 992 CONDO 48
28 NORTHVIEW CT $500,000 $500,000 3 3 2092 ATTACHD 63
622 CLARA CT $552,000 $552,000 4 2 2236 DETACHD 75
1179 LARCH ST $609,900 $605,000 3 2 3206 DETACHD 6
5117 GREENSBOROUGH CT $650,000 $623,290 3 2.1 1560 DETACHD 30
5540 BAY CREEK DR $675,000 $632,000 3 3 2130 DETACHD 46
17020 CHAPIN WAY $684,900 $663,000 4 3 3258 DETACHD 9
5685 CHARLES CIR $700,000 $692,500 4 2 2542 DETACHD 5
2251 SUMMIT DR $769,000 $737,000 4 3 2874 DETACHD 56
5853 SOUTHWOOD DR $849,000 $805,000 5 2.1 3707 DETACHD 48
3155 UPPER DR $1,175,000 $1,100,000 4 3 3016 DETACHD 39
3540 RED CEDAR WAY $1,150,000 $1,125,000 5 3.1 4023 DETACHD 15
18296 MEADOWLARK LN $1,698,000 $1,660,000 5 3.1 5770 DETACHD 84
1093 CHANDLER RD $2,200,000 $2,000,000 5 4.1 5331 DETACHD 176
340 RIDGEWAY RD $2,230,000 $2,230,000 4 4 4411 DETACHD 2

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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Market Activity July 30-Aug 5, 2018

The real estate market is chugging right along. Yes, it’s off a bit from the peak in June, but numbers last week remain healthy and strong. Here in Lake Oswego we had 21 new listings, 29 pending sales, and 21 closed/sold properties. It’s both a good time to buy and a good time to sell. If you are trying to make the move before school starts, the time is NOW!

Following is the breakdown for you according to RMLS:

New on the Market (July 30-Aug 5, 2018)

Address Type Price BR Baths Sq Ft
85 Oswego Summit Condo $243,000 2 2 1212
3692 Spring Ln 3C Condo $275,000 2 2 1117
750 1st ST A-10 Condo $289,900 2 2 1350
15230 Boones Way Condo $295,000 2 2 1185
3972 Carman Dr Condo $339,900 2 3 1146
34 Wheatherstone #17 Condo $410,000 3 2.5 1692
40 Wheatherstone Condo $429,000 3 2.5 1692
16800 Lakeridge Dr Detached $524,900 5 2.5 2160
652 D Ave Detached $579,900 2 2 1320
2340 Oakhurst Ln Detached $625,000 3 2.5 2860
4 Essex Ct Detached $629,000 4 2.5 2835
13055 Princeton Ct Detached $675,000 4 2.5 3142
767 10th St Detached $799,900 4 2 2820
181 3rd St #5 Condo $975,000 2 2 1725
13857 Amberwood Circle Detached $995,000 4 2.5 3916
18140 Pioneer Ct Detached $995,000 4 3 2524
650 1st St Condo $1,150,000 3 2.5 2767
17951 Meadowlark Ln Detached $1,299,000 4 3.5+.5 5065
17342 Ridgeview Ct Detached $1,450,000 4 3.5 4238
3130 Douglas Circle Detached $1,698,800 4 3.5 4063
17763 Kelok Rd Detached $1,699,000 4 4 3840

Pending Sales (July 30-Aug 5, 2018)

Address Type Price BR Baths Sq Ft CDOM
4 Touchstone #122 Condo $175,000 2 2 984 44
47 Eagle Crest Dr #15 Condo $185,000 2 1 1009 8
4 Touchstone #123 Condo $199,949 3 2.5 1351 12
520 S State St 5B Condo $235,000 2 1 914 106
200 Burnham Rd #207 Condo $235,000 2 1 1202 11
12 Oswego Summit Condo $244,000 2 2 1140 46
236 Ridgeway Rd 16A Condo $250,000 2 1 914 10
6924 Montauk Circle Condo $267,000 3 2 1092 29
9 Oriole Ln Detached $419,888 3 3 1928 136
9 Juarez Ln Detached $419,888 3 3 1928 136
16624 Roosevelt Ave Detached $479,900 2 2 2802 81
1841 Cloverleaf Rd Detached $495,000 5 3 2190 37
1660 Woodland Terrace Detached $499,000 4 3 2728 168
1714 Greentree Rd Detached $549,900 4 3 3110 167
1699 Parrish St Detached $550,000 3 3 1820 4
15451 Tanager Dr Detached $577,000 2 2 1970 7
3615 Upper Dr Detached $585,000 3 2 1529 3
5564 Bonita Rd Detached $619,000 3 2.5 2435 71
17790 Overlook Circle Detached $639,900 3 3 3480 69
17415 Upper Cherry Ln Detached $649,000 4 3.5 3396 36
16202 Waluga Dr Detached $650,000 1 1 612 2
17036 Crestview Dr Detached $675,000 4 3 2768 46
18028 Westminster Dr Detached $710,000 4 3.5 4501 116
14274 Kimberly Circle Detached $795,000 4 2.5 3231 70
3056 Wembley Park Rd Detached $965,000 4 2.5 2611 26
18955 Bryant Rd Detached $989,000 4 2.5 3647 73
14117 Barrington Ct Detached $1,095,000 4 3 3503 19
820 Fairway Rd Detached $1,224,000 4 3.5 3758 36
157 6th St Detached $1,650,000 4 3.5 3614 258

Sold/Closed (July 30-Aug 5, 2018)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Pkwy #51 Condo $169,000 $165,000 620 37
48 Eagle Crest Dr 1C Condo $285,000 $280,000 1370 25
16880 Cortez Ct Detached $395,000 $365,000 1991 68
17839 Tamara Ave Detached $445,000 $427,000 1562 14
8 Bernini Ct Detached $485,000 $500,000 1465 7
14273 Amberwood Circle Detached $549,000 $516,000 2350 4
1581 Woodland Terrace Detached $549,000 $546,500 2072 26
5582 Yorkshire Pl Detached $589,900 $580,000 2302 4
18 Juarez St Detached $595,000 $591,500 2521 10
4654 Auburn Ln Attached $620,000 $610,000 2732 171
4220 Albert Circle Detached $615,000 $614,000 2405 20
4910 Lower Dr Detached $659,900 $650,000 2151 196
17423 Oak Meadow Ln Detached $734,000 $710,000 3125 132
12814 Sierra Vista Dr Detached $750,000 $745,000 3050 2
2110 Greentree Rd Detached $849,000 $849,000 2908 0
4145 Chad Dr Detached $929,900 $892,000 3337 20
5416 Southwood Dr Detached $899,900 $920,000 3340 3
18493 Ray Ridge Dr Detached $1,200,000 $1,050,000 4367 43
2912 Wembley Park Rd Detached $1,450,000 $1,375,000 4389 143
1903 Egan Way Detached $1,448,000 $1,436,640 2795 5
1115 Lake Front Rd Detached $2,245,000 $1,900,000 4245 56

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

This week (as most weeks) there are tons of activities to choose from in Lake Oswego, and/but everyone is gearing up for Tuesday’s Neighborhood Parties for National Night Out!

Here are my picks for things happening this week! (I stayed away from meetings and focused on mostly family fun : )

Mon, Aug 6 2018– 2-3PM – Be a Rock Star ~ School of Rock! -Explore Drums, Bass, Guitar and more! (3 Days, Mon-Wed, Ages K-5) Lake Oswego Library CLICK HERE

Tue, Aug 7, 2018 – National Night Out Neighborhood Parties!!! 5-9PM –  Enjoy this annual event celebrated in style all over Lake Oswego! Meet your neighbors & just have a good time. – Check out all the neighborhood party details here:    CLICK HERE  

Wed, Aug 8, 2018 6:30-8:30PM – Sounds of Summer ~ Westlake Park Concert ***Featuring: Ants in the Kitchen & LaRhonda Steele –  CLICK HERE

Thu, Aug 9, 2018 – 8:30PM – Movies in the Park at Millenium Park Plaza – Bring the kids down for Coco ! Info:  CLICK HERE      Trailer HERE

Fri, Aug 10, 2018 1-3PM (every Friday )- Pinochle– Adult Community Center  CLICK HERE

 

 

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Market Activity ~ July 23-29, 2018

Last week 16 New properties entered the market in Lake Oswego, 19 moved to Pending status, and 17 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (July 23-29, 2018)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR #15 $185,000 2 1 1009 CONDO
1115 OAK TER $498,000 4 2.1 1880 DETACHD
1698 ASPEN ST $549,000 3 3 2668 DETACHD
5885 DOVE CT $559,000 3 3 1800 DETACHD
2401 HILLSIDE DR $649,900 4 3 3342 DETACHD
12 DA VINCI ST $785,000 4 3 2959 DETACHD
5561 KILCHURN AVE $799,888 4 2.1 2803 DETACHD
2051 WEMBLEY PARK RD $849,000 2 2 1196 DETACHD
5064 HASTINGS DR $879,000 4 2.1 3739 DETACHD
15545 VILLAGE PARK CT $895,500 4 2.1 2745 DETACHD
17596 GREEN BLUFF DR $989,500 4 2.1 3039 DETACHD
851 9TH ST $1,250,000 4 2.1 2753 DETACHD
3210 CHILDS RD $1,270,000 3 2.2 2936 DETACHD
2445 GLENMORRIE DR $1,525,000 5 4.2 5168 DETACHD
310 CHANDLER PL $2,150,000 4 3.1 4200 DETACHD
3072 LAKEVIEW BLVD $3,988,000 4 5 4500 DETACHD

PENDING SALES (July 23-29, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #99 $210,000 2 2 984 CONDO 25
4095 JEFFERSON PKWY $379,500 2 2.1 1710 CONDO 26
16060 BONAIRE AVE $389,000 3 1 960 DETACHD 3
12868 BOONES FERRY RD $389,900 2 2.1 1136 CONDO 63
45 GREENRIDGE CT $394,900 3 2.1 1645 TOWNHSE 36
6137 Childs RD $421,000 3 1 946 DETACHD 6
17268 FERNWOOD DR $525,000 3 2 2086 DETACHD 73
3585 LAKE GROVE AVE $550,000 4 2 1575 DETACHD 46
50 AQUINAS ST $585,000 4 2.1 2415 DETACHD 9
5835 RIDGETOP CT $598,000 4 2.1 2375 DETACHD 118
17020 CHAPIN WAY $684,900 4 3 3258 DETACHD 9
4804 HERITAGE LN $739,000 4 2.1 2458 DETACHD 6
17453 OAK MEADOW LN $799,990 4 2.1 3294 DETACHD 8
2107 GOODALL CT $1,059,000 4 3 3029 DETACHD 82
4450 UPPER DR $1,100,000 3 1 2580 DETACHD 12
13348 LESLIE CT $1,200,000 4 2.1 3863 DETACHD 40
17432 KELOK RD $1,249,000 4 2.1 3023 DETACHD 68
17108 CHAPIN WAY $1,395,000 4 4 4474 DETACHD 89
1093 CHANDLER RD $2,095,000 5 4.1 5331 DETACHD 176

SOLD (July 23-29, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
65 GALEN ST / Grnd $169,900 $172,500 1 1 690 CONDO 26
16250 PACIFIC HWY #51 $192,500 $187,500 1 1 841 CONDO 44
4000 CARMAN DR E82 $199,023 $195,000 2 1 827 CONDO 7
153 OSWEGO SMT / Grnd $224,153 $210,000 2 2 1383 CONDO 57
16250 PACIFIC HWY #76 $325,000 $325,000 3 2 1745 CONDO 117
1120 BOCA RATAN DR $360,000 $366,000 3 2 1611 ATTACHD 6
18821 LONGFELLOW AVE $389,000 $389,000 3 1 946 DETACHD 17
84 GREENRIDGE CT $459,900 $435,000 4 2.1 2868 ATTACHD 158
49 TANGLEWOOD DR $595,000 $570,000 4 2.1 2491 DETACHD 24
710 BRIERCLIFF LN $585,000 $590,000 3 2.1 1906 DETACHD 4
14636 DORIS AVE $725,000 $760,000 3 2 2451 DETACHD 2
2398 PALISADES CREST DR $829,900 $786,000 4 2.1 3362 DETACHD 18
154 BERWICK RD $839,000 $839,000 5 3.1 3020 DETACHD 5
1565 PINE ST $950,000 $950,000 4 2 2830 DETACHD 32
4749 UPPER DR $1,199,000 $1,140,000 4 2.1 3285 DETACHD 171
1620 FERNWOOD DR $1,199,900 $1,280,530 3 3.1 3371 DETACHD 47
400 IRON MOUNTAIN BLVD $1,799,000 $1,675,000 4 3.1 4258 DETACHD 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.

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News & Notes ~ June 2018

Here’s your look at the latest numbers in for the entire Portland area (June).

What a difference a month makes! Overall we’ve seen a little slowing from last year, but a bit mixed with New Listings up 2.7%, Pending Sales down 1.7%, and Closed Sales down 2.2%.

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

  • According to the RMLS Market Action Report for the Portland Metro Area, June, 2018:
    • There were 4,515 New Listings in June 2018 which was down 4.7% from June of 2017’s 4,739, and down 3.2% from the previous month/May of 2018’s total of 4,665.
    • At 2,946, June Closed Sales fell  7.6% from June 2017’s 3,187, and/but were up 5.1 % from the previous month/May 2018’s total of 2,803.
    • June’s Pending Sales (accepted offers), at 3,059 dropped 6.0% from June of 2017’s 3,254, and were also down 4.4% from the previous month/May 2018’s total of  3,201.
    • The Average Sale Price in June of $472,400 was up $31,800 from June 2017’s $440,600, and also up from May 2018’s $460,700 by $11,700.   

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

  • North Portland:  $430,100              6.7%   (May 418,700)
  • NE Portland:  $490,000                   7.0%   (May 504,700  )
  • SE Portland:  $443,600                   6.7%   (May 404,900)
  • Gresham/Troutdale:   $357,900   10.4%   (May 346,000)
  • Milwaukie/Clackamas:  $434,100  6.6%   (May 427,900  )
  • Oregon City/Canby:   $434,100      7.1%   (May 435,800)
  • Lake Oswego/West Linn:$685,700 8.8%   (May 718,200)
  • West Portland:    $635,600             1.7%   (May 603,300)
  • NW Wash County:  $572,200          5.2%   (May 564,500)
  • Beaverton/Aloha:     $400,100        8.8%   (May 388,700 )
  • Tigard/Wilsonville:   $481,500        9.1%   (May 471,700 )
  • Hillsboro/Forest Grove: $409,900  9.1%   (May 397,400)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of June 2018 reported:

    •  341 Active Listings   (May 422)
    •  261 New Listings     (May 306)
    •  192 Pending Sales  (May 191)
    •  154 Closed Sales      (May 175)
    • Average Sale Price for June: $685,700  (May 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.
    •  52 Average Days on the Market   (May 63)