Merry Christmas! Happy Holidays! Happy Hanukkah! Happy Kwanzaa! Whatever your faith, whatever your situation, Linda and I want to wish you and yours all the best this holiday season. Here at the blotter we are going to take a two week hiatus. We will be back with our market activity reports and news and information about real estate in Lake Oswego the week of January 6th. In the mean time, enjoy your family, friends, and all of the wonders of this very special time of year.
Our best wishes to you,
Dianne and Linda
News & Notes ~ Nov 2018 Numbers
The holidays are all around us now!
Here is your look at the most recent data for the entire Portland area (Nov) and how Lake Oswego fits in to this picture just below.
According to the RMLS Market Action Report for the Portland Metro Area, November, 2018:
- There were 2,310 New Listings in November 2018 which was down 4.4% from November of 2017’s 2,416, and also down 25.5% from the previous month/Oct of 2018’s total of 3,100 .
- At 2,144, November Closed Sales cooled 10.2% from November 2017’s 2,387, and also 12.1 % from the previous month/Oct 2018’s total of 2,440.
- November’s Pending Sales (accepted offers), at 1,904 are down 19.7% down from November of 2017’s 2,371, and 23.3% from the previous month/Oct 2018’s total of 2,484.
- The Average Sale Price in November of $448,900 was up $23,900 from last year/November 2017’s $425,000, and down a little from the previous month/Oct 2018’s $454,400 by $5,500.
Neighborhoods: November’s Average Sale Price + 12-month Appreciation :
- North Portland: $412,500 4.6% (Oct 428,700)
- NE Portland: $453,100 3.7% (Oct 463,100)
- SE Portland: $425,200 5.3% (Oct 395,200)
- Gresham/Troutdale: $361,600 8.1% (Oct 359,700)
- Milwaukie/Clackamas: $443,400 5.1% (Oct 410,200)
- Oregon City/Canby: $427,200 6.9% (Oct 408,600 )
- Lake Oswego/West Linn:$728,500 1.4% (Oct 714,500)
- West Portland: $601,000 4.3% (Oct 646,200)
- NW Wash County: $511,700 2.9% (Oct 588,300)
- Beaverton/Aloha: $397,200 8.0% (Oct 398,000 )
- Tigard/Wilsonville: $482,000 6.6% (Oct 454,400 )
- Hillsboro/Forest Grove: $381,300 6.3% (Oct 400,500 )
LAKE OSWEGO:
The combined areas of Lake Oswego and West Linn for the month of November 2018 reported:
-
- 390 Active Listings (Oct 454 )
- 115 New Listings (Oct 153)
- 91 Pending Sales (Oct 101)
- 75 Closed Sales (Oct 121)
- Average Sale Price for November: $728,500 (Oct 714,500)
- 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.
- 76 Average Days on the Market (Oct 61)
Market Activity ~ Dec 10-16, 2018
Greetings Property Blotter Readers!
Even with the holidays all around us at this point, homes are still being listed and sold. Look at the “Solds” from last week! Yes, its time to get things done before the end of the year for a variety of reasons. That first holiday in your new home is always a special one : )
There are 207 homes for sale in Lake Oswego right now. Last week 6 New properties entered the market, 16 moved to Pending status, and 17 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Dec 10-16, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 121 OSWEGO SMT | $195,000 | 1 | 1 | 764 | CONDO |
| 17510 Hill WAY | $400,000 | 2 | 1 | 2032 | DETACHD |
| 7210 SW CHILDS RD | $424,900 | 3 | 2 | 1542 | DETACHD |
| 16224 LAKE FOREST BLVD | $429,900 | 3 | 1.1 | 1300 | DETACHD |
| 5079 W SUNSET DR | $529,900 | 2 | 2.1 | 1734 | ATTACHD |
| 2917 WESTVIEW CIR | $1,298,000 | 5 | 4.1 | 4343 | DETACHD |
PENDING SALES (Dec 10-16, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 44 EAGLE CREST DR #2 | $175,000 | 1 | 1 | 798 | CONDO | 10 |
| / Main | $195,000 | 2 | 1.1 | 1216 | CONDO | 173 |
| 1172 BOCA RATAN DR | $375,000 | 3 | 2 | 1611 | ATTACHD | 2 |
| 6291 HARRINGTON AVE | $399,999 | 3 | 2 | 1472 | DETACHD | 119 |
| 4298 WOODSIDE CIR | $439,000 | 3 | 3 | 2600 | ATTACHD | 306 |
| 15008 TWIN FIR RD | $469,900 | 7 | 2.4 | 3532 | DETACHD | 176 |
| 1698 ASPEN ST | $499,000 | 3 | 3 | 2668 | DETACHD | 132 |
| 1878 SOUTHSHORE BLVD | $527,500 | 4 | 2.1 | 2594 | DETACHD | 180 |
| 10 PARTRIDGE LN | $585,000 | 4 | 3 | 3528 | DETACHD | 119 |
| 5272 TREE ST | $589,000 | 3 | 3 | 1948 | DETACHD | 52 |
| 5536 BAY CREEK DR | $619,000 | 4 | 2.1 | 2380 | DETACHD | 7 |
| 17079 CHERRY CREST AVE | $679,000 | 3 | 2.1 | 3002 | DETACHD | 23 |
| 17606 WOODHURST PL | $799,900 | 5 | 3.1 | 4707 | DETACHD | 230 |
| 455 9TH ST | $949,000 | 3 | 2.1 | 2143 | DETACHD | 0 |
| 3120 UPPER DR | $2,350,000 | 5 | 3.1 | 4575 | DETACHD | 7 |
| 616 CABANA LN | $2,798,000 | 5 | 4 | 3838 | DETACHD | 230 |
SOLD (Dec 10-16, 2018)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 57 GREENRIDGE CT | $312,400 | $279,036 | 2 | 2 | 1320 | TOWNHSE | 9 |
| 155 GREENWOOD RD | $445,000 | $445,000 | 3 | 1 | 999 | DETACHD | 86 |
| 4725 LAKEVIEW BLVD | $465,000 | $455,000 | 3 | 2 | 1589 | DETACHD | 6 |
| 1225 OAK TER | $475,000 | $475,000 | 3 | 1 | 1580 | DETACHD | 0 |
| 110 KINGSGATE RD | $494,900 | $485,000 | 3 | 2.1 | 1669 | DETACHD | 79 |
| 1981 MAPLELEAF RD | $499,900 | $520,000 | 4 | 2 | 2015 | DETACHD | 2 |
| 6187 FROST LN | $564,900 | $548,500 | 4 | 2.1 | 2149 | DETACHD | 90 |
| 18238 TAMAWAY DR | $729,900 | $577,500 | 5 | 3 | 5504 | DETACHD | 58 |
| 3742 RIVERS EDGE DR | $679,000 | $669,500 | 4 | 2.1 | 2765 | DETACHD | 8 |
| 17401 UPPER CHERRY LN | $750,000 | $690,000 | 4 | 3.1 | 3791 | DETACHD | 87 |
| 3562 UPPER DR | $769,000 | $760,000 | 3 | 3.1 | 2701 | DETACHD | 6 |
| 1041 CHANDLER RD | $899,000 | $830,000 | 3 | 2 | 1782 | DETACHD | 62 |
| 1055 COUNTRY CLUB RD | $988,000 | $875,000 | 3 | 2 | 2908 | DETACHD | 151 |
| 5027 ROSEWOOD ST | $874,950 | $883,000 | 4 | 3.1 | 3188 | DETACHD | 166 |
| 3773 UPPER DR | $1,579,000 | $1,490,000 | 4 | 2.1 | 3942 | DETACHD | 30 |
| 3115 DOUGLAS CIR | $1,650,000 | $1,567,500 | 5 | 4.2 | 4592 | DETACHD | 93 |
| 16913 CANAL CIR | $1,595,000 | $1,575,000 | 5 | 3.2 | 4359 | DETACHD | 60 |
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.
Plastics and Recycling
Oregon is rather well known as a bastion of recycling. The first state in the country to instate a bottle bill, we are a community that prides itself on being good stewards of our land. This past week the City of Lake Oswego continued that heritage by passing a restriction for single-use plastic bags. In the next year plastic shopping bags will be fazed out at stores, restaurants, and even the farmer’s market.
About 10 years ago I read the book “Moby Duck”. It’s a non-fiction narrative about a shipping container that fell of a shipping freighter in the Pacific ocean. The container was filled with multi-colored, plastic ducks, the kind that kids play with in the bath tub. A rather unique cargo, these ducks have been washing up on beaches all of the world ever since. It provided an opportunity to study plastics in the ocean and how the plastic migrates. It’s shocking.
I’ve also heard it said that as much as recycling is wise, an even better direction to go is to not use the plastic in the first place. I see the city’s ban on plastic bags as a very wise move that will be a small step in the right direction.
Speaking of recycling, correct plastic recycling is super confusing. It’s bit of a pet peeve of mine that folks don’t know what is and isn’t recyclable. Those clam shell packages for spinach and lettuce? Not recyclable at the curb. To help us all better understand what is and isn’t recyclable at the curb, here is a link to the guidelines put out by Metro, our Metro-area authority on garbage and recycling. To view the information, click here.
Particularly at the holidays, the time of year when we are at the peak of consuming and recycling, it is a good idea to be mindful of using and purchasing items that are recyclable. Good for LO for taking the initiative to curtail the use of plastic. The bags are a step in the right direction. Now can we do something about drinking straws?
Market Activity Dec 3-9, 2018
We are two weeks away from Christmas. People who buy or sell at this time of year are motivated! Last week in Lake Oswego we had 9 new listings come onto the market, 13 properties that went pending with an accepted offer, and 9 closed/sold homes.
Following is the breakdown for you according to RMLS:
New on the Market (Dec 3-9, 2018)
| Address | Type | Price | BR | Baths | Sq Ft |
| 16250 Pacific Hwy #52 | Condo | $215,000 | 1 | 1 | 841 |
| 1172 Boca Ratan Dr | Attached | $375,000 | 3 | 2 | 1611 |
| 5651 Windfield Loop | Detached | $569,500 | 2 | 2 | 1622 |
| 23 Spinosa | Detached | $595,000 | 3 | 2 | 2767 |
| 5536 Bay Creek Dr | Detached | $619,000 | 4 | 2.5 | 2380 |
| 1035 Bayberry Rd | Detached | $1,399,900 | 4 | 2.5 | 2746 |
| 612 Cabana Ln | Detached | $2,350,000 | 4 | 4 | 3862 |
| 3120 Upper Dr | Detached | $2,350,000 | 5 | 3.5 | 4587 |
| 3258 Lakeview Blvd | Detached | $3,250,000 | 4 | 4.5 | 4337 |
Pending Sales (Dec 3-9, 2018)
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 86 Kingsgate Rd A104 | Condo | $208,000 | 2 | 2 | 849 | 54 |
| 4043 Jefferson Pkwy | Condo | $254,500 | 2 | 2.5 | 1182 | 85 |
| 12886 Boones Ferry Rd | Condo | $379,900 | 2 | 2.5 | 1182 | 13 |
| 16880 Cortez Ct | Detached | $459,900 | 3 | 2.5 | 2313 | 216 |
| 2182 Glenmorrie Dr | Detached | $485,000 | 4 | 2 | 1580 | 8 |
| 17040 Fernwood Dr | Detached | $499,000 | 3 | 2 | 2399 | 211 |
| 15580 Partridge Dr | Detached | $539,900 | 4 | 2.5 | 2245 | 10 |
| 5153 Jean Rd | Detached | $547,000 | 8 | 3 | 2400 | 204 |
| 2051 Wembley Park Rd | Detached | $549,900 | 2 | 2 | 1196 | 132 |
| 6414 Frost St | Detached | $585,000 | 3 | 2.5 | 2205 | 54 |
| 1961 Park Forest Ave | Detached | $699,900 | 5 | 2 | 2092 | 5 |
| 2815 Orchard Hill Pl | Detached | $749,900 | 4 | 3 | 2915 | 4 |
| 4743 Upper Dr | Detached | $1,069,000 | 4 | 2.5 | 3079 | 338 |
Sold/Closed (Dec 3-9, 2018)
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 92 Galen St | Condo | $189,000 | $169,000 | 689 | 92 |
| 9 Summit Ridge Ct | Townhouse | $399,000 | $380,000 | 1576 | 48 |
| 1207 Hallinan Circle | Detached | $489,500 | $491,000 | 1478 | 6 |
| 18028 Gimly Ct | Detached | $774,900 | $698,500 | 3454 | 130 |
| 17454 Canal Circle | Detached | $849,000 | $764,000 | 2472 | 149 |
| 639 Carrera Ln | Detached | $1,275,000 | $1,075,000 | 4381 | 14 |
| 4100 Canal Rd | Detached | $1,415,000 | $1,125,000 | 4957 | 182 |
| 17512 Lake Haven Dr | Detached | $1,650,000 | $1,350,000 | 4643 | 139 |
| 943 Lake Front Rd | Detached | $1,798,000 | $1,600,000 | 2246 | 175 |
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.
This Week in Lake Oswego ~ Dec 10-15
The Holiday Spirit has infused Lake Oswego, the lights & the community tree are all up, and celebratory, musical, educational and all kinds of activities are ongoing as they are every week.
Here are my picks for things happening this week!
Mon, Dec 10 2018– 3:00-3:30PM – Music for Babies ~ -Every Monday this program welcomes you to learn about music, singing and how babies learn and are affected by it. Learn about musical development in the very young. ~ Lake Oswego Public Library – Info: CLICK HERE
Tue, Dec 11, 2018 – 7:00-8:30PM – The Craft of Photography Part 2 (with Thor Spyros) ~ Long-time Lake Oswego resident and former Rolling Stone photographer (among many other national publications) presents this free program on the art & craft of photography. ~ Lake Oswego Public Library Info: CLICK HERE
Wed, Dec 12, 2018 – 1:00-2:00PM – Three Pound Note ~ Ex Pats from the UK, Andrea Wild and Hugo Glanville, bring traditional music from Wales, Cornwall & England and…stories! ~ Lake Oswego Public Library –Info: CLICK HERE
Thu, Dec 13, 2018 2:30-3:30PM – Kids Make Things! ~ This drop-in program on the lower level is for ages K-5 and fosters creativity in kids every 2nd Thursday! ~ Lake Oswego Public Library: CLICK HERE
Fri, Dec 14, 2018 – Toy Drive Drop-Off Deadline ~Drop off your unwrapped gifts at the Fire Department or Lake Oswego Public Library Info: CLICK HERE
Sat, Dec 15, 2018 – 2:00 – 4:00PM ~ Holiday Concert – Mistletoe & Starlight! ~ Tony Starlight brings back timeless holiday traditions and songs with a comedic twist! Lake Oswego High School Auditorium Info: CLICK HERE
Sat, Dec 15, 2018 – 6:00 PM ~ Christmas Ships Parade! ~ Gather at Foothills Park, 199 Foothills Rd, to watch the Christmas Ships in all their bright finery! 60 boats are expected to make their way to Lake Oswego. Info: CLICK HERE
Market Activity ~ Nov 26-Dec 2, 2018
Greetings Property Blotter Readers!
There are 233 homes for sale in Lake Oswego right now. Last week 7 New properties entered the market, 12 moved to Pending status, and 9 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Nov 26-Dec 2, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 44 EAGLE CREST DR #2 | $175,000 | 1 | 1 | 798 | CONDO |
| 2182 GLENMORRIE DR | $485,000 | 4 | 2 | 1580 | DETACHD |
| 4546 DOGWOOD DR | $500,000 | 2 | 1 | 1010 | DETACHD |
| 4 GERSHWIN CT | $739,000 | 4 | 4 | 3016 | DETACHD |
| 2050 WEMBLEY PARK RD | $799,999 | 4 | 2 | 1868 | DETACHD |
| 3130 DOUGLAS CIR | $1,595,000 | 4 | 3.1 | 4063 | DETACHD |
| 15880 OSWEGO SHORE CT | $1,797,000 | 5 | 3.1 | 4084 | DETACHD |
PENDING SALES (Nov 26-Dec 2, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 15210 BOONES WAY / Upper | $249,900 | 2 | 2 | 1124 | CONDO | 176 |
| 9 BLOCH TER | $424,900 | 3 | 2.1 | 1946 | TOWNHSE | 7 |
| 1425 CEDAR ST | $489,900 | 4 | 2 | 1669 | DETACHD | 52 |
| 18 GROUSE TER | $540,000 | 4 | 2.1 | 2631 | DETACHD | 93 |
| 137 KINGSGATE RD | $549,000 | 3 | 2.1 | 2372 | DETACHD | 16 |
| 1508 PINE ST | $579,900 | 4 | 3 | 2300 | DETACHD | 134 |
| 18420 DEER OAK AVE | $649,000 | 4 | 3 | 2327 | DETACHD | 59 |
| 3742 RIVERS EDGE DR | $679,000 | 4 | 2.1 | 2765 | DETACHD | 8 |
| 161 FURNACE ST / Main | $929,000 | 2 | 2 | 2134 | CONDO | 82 |
| 1099 TERRACE DR | $1,499,000 | 5 | 4.1 | 4965 | DETACHD | 725 |
| 1175 WESTWARD HO RD | $1,529,000 | 3 | 3.1 | 3547 | DETACHD | 135 |
| 3773 UPPER DR | $1,529,900 | 4 | 2.1 | 3942 | DETACHD | 30 |
SOLD (Nov 26-Dec 2, 2018)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWY #19 | $169,900 | $158,900 | 1 | 1 | 617 | CONDO | 42 |
| 5711 MCEWAN RD | $384,900 | $350,000 | 3 | 1 | 1467 | DETACHD | 20 |
| 6182 SW DAWN ST | $469,000 | $450,000 | 3 | 1.1 | 1300 | DETACHD | 24 |
| 5695 WASHINGTON CT | $575,000 | $550,000 | 4 | 2 | 1708 | DETACHD | 19 |
| 19166 OLSON AVE | $625,000 | $652,500 | 5 | 3 | 2996 | DETACHD | 3 |
| 3100 WESTVIEW CT | $1,100,000 | $880,000 | 4 | 3.1 | 3725 | DETACHD | 295 |
| 16736 SYLVAN CT | $999,900 | $1,000,000 | 3 | 3 | 3914 | DETACHD | 6 |
| 2505 GLEN EAGLES RD | $1,575,000 | $1,575,000 | 5 | 5.1 | 4798 | DETACHD | 2 |
| 612 RIDGEWAY RD | $2,598,000 | $2,500,000 | 4 | 4.1 | 4106 | DETACHD | 397 |
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.
Lake Oswego Parks and Rec
As a resident of Lake Oswego I get a paper copy of the Lake Oswego Parks and Rec programs mailed to me 3 times a year: Spring/Winter, Summer, and Fall. There is a abundance of offerings! Seriously, there is something for everyone. Classes for kids include Fairy-tale Ballet and Little-tykes Soccer, adults offerings include fitness classes, gardening classes, art classes, it’s a buffet of the finest!
I am particularly drawn to the hikes and walks that are offered weekly. They range from easy strolls to challenging mountain hikes.
I am thinking about the wonder of the Parks and Rec department because I am currently participating in two different programs: Quilling and Beginning Tap Dance for Adults.
I honestly didn’t even know what quilling was when I signed up for it. I enjoy art and I knew it has something to do with paper. I’ve been a watercolor painter for my entire adult life and lately I’ve been thinking it would be fun to combine water color and paper, and maybe ink, to create some mixed media pieces. So I signed up for the quilling class that was held two weeks ago. The cost for the class was $27 and all supplies were provided. It was a 3 hour class. The time flew by! Quilling is pretty specific. It requires exact tools and the paper is made for the purpose. If I had decided to check it out on my own I suspect that I would have spent a good deal more money. Including the instructor there were five of us. It was a lovely few hours of listening to some music and have conversation with the others who attended. The time and the money was well spent.
The other class, beginning tap for adults, is something that I have had on my bucket list for years. There is just something about tap dance that appeals to me. When I attend movies or live shows that have tap my feet start moving. I can not stop them! My daughter knew about my interest in tap and she bought us both tap shoes. I spent some time on the phone trying to find professional lessons. The classes being offered professionally were expensive! Then it occurred to me that perhaps LO Parks and Rec offered them. Low and behold they did. Six classes for $57. Not expensive and not a huge time commitment so that I can put my toes in the water without having to jump in the pool.
I just really love the opportunities that are available here in LO. If you’d like to know more about the Lake Oswego Parks and Rec department click here.
Happy tapping,
Dianne
Market Activity Nov 19-25, 2018
In Lake Oswego last week we had 19 properties go into pending status. That is healthy and strong. Please remember that last week was Thanksgiving. Buyers are out there and they are making offers. Also in Lake Oswego last week we had 10 new listings and 7 closed/sold sales.
Following is the breakdown for you according to RMLS:
New on the Market (Nov 19-25, 2018)
| Address | Type | Price | BR | Baths | Sq Ft |
| 233 Cervantes | Condo | $214,900 | 2 | 1.5 | 1216 |
| 12886 Boones Ferry Rd | Condo | $379,900 | 2 | 2.5 | 1182 |
| 16200 Pacific Hwy #6 | Condo | $410,000 | 2 | 2 | 1190 |
| 9 Bloch Terrace | Townhouse | $424,900 | 3 | 2.5 | 1946 |
| 17350 Ashley Ct | Detached | $499,000 | 3 | 2.5 | 2290 |
| 3742 Rivers Edge Dr | Detached | $679,000 | 4 | 2.5 | 2765 |
| 13488 Snowberry Ct | Detached | $770,000 | 4 | 2.5 | 2964 |
| 4715 Firwood Rd | Detached | $1,199,000 | 4 | 3 | 3342 |
| 4721 Firwood Rd | Detached | $1,250,000 | 4 | 2.5 | 3305 |
| 1128 Englewood Dr | Detached | $1,999,888 | 6 | 5.5 | 8981 |
Pending Sales (Nov 19-25, 2018)
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 86 Kingsgate Rd G202 | Condo | $169,900 | 2 | 2 | 849 | 91 |
| 104 Oswego Summit | Condo | $179,000 | 1 | 1 | 764 | 106 |
| 45 Eagle Crest Dr #305 | Condo | $187,000 | 2 | 1.5 | 1364 | 40 |
| 45 Eagle Crest Dr #413 | Condo | $189,900 | 2 | 1.5 | 1056 | 95 |
| 6880 Montauk Circle | Condo | $206,000 | 2 | 1 | 924 | 65 |
| 112 Touchstone Terrace | Townhouse | $374,000 | 3 | 2.5 | 1952 | 37 |
| 15230 Boones Way 1D | Condo | $249,900 | 2 | 2 | 1185 | 111 |
| 6472 Dawn St | Detached | $409,950 | 3 | 2 | 1032 | 99 |
| 18133 Tualata Ave | Detached | $434,950 | 4 | 2 | 1440 | 34 |
| 4596 Lamont Way | Detached | $524,900 | 4 | 2 | 2236 | 12 |
| 6187 Frost Ln | Detached | $549,900 | 4 | 2.5 | 2149 | 90 |
| 19166 Olson Ave | Detached | $625,000 | 5 | 3 | 2996 | 3 |
| 5687 La Mesa Ct | Detached | $649,900 | 4 | 3 | 2518 | 21 |
| 17965 Lake Haven Dr | Detached | $650,000 | 4 | 3.5 | 2764 | 173 |
| 2981 Vale Ct | Detached | $724,900 | 4 | 2.5 | 3516 | 85 |
| 1451 Greentree Circle | Detached | $975,000 | 4 | 3.5 | 2300 | 6 |
| 16193 Matthew Ct | Detached | $995,000 | 4 | 3.5+.5 | 4019 | 41 |
| 53 Eagle Crest Dr | Detached | $1,000,000 | 5 | 4.5+.5 | 4918 | 216 |
| 16913 Canal Circle | Detached | $1,595,000 | 5 | 3.5+.5 | 4359 | 60 |
Sold/Closed (Nov 19-25, 2018)
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 3942 Carman Dr | Condo | $349,900 | $346,000 | 1354 | 69 |
| 5885 Dove Ct | Detached | $559,000 | $528,000 | 1800 | 117 |
| 146 Church St | Detached | $699,000 | $694,000 | 1924 | 4 |
| 1830 Cloverleaf Rd | Detached | $719,000 | $700,000 | 1857 | 78 |
| 5670 Charles Circle | Detached | $859,000 | $795,000 | 2968 | 102 |
| 16021 Parelius Circle | Detached | $919,000 | $910,000 | 4075 | 6 |
| 17626 Kelok Rd | Detached | $1,324,000 | $1,250,000 | 3909 | 598 |
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 ~ October 2018 Numbers
Inventory is still higher than usual, but is slowing down just a bit. I hate to keep beating this drum, but it really is the best time of year to buy. Two of my clients just snapped up two gorgeous Lake Oswego homes and had some great options from which to choose. In any event, please call me or Dianne if you’d like to take advantage of this market.
Here is your look at the most recent data for the entire Portland area (Oct) and how Lake Oswego fits in to this picture just below:
- According to the RMLS Market Action Report for the Portland Metro Area, October, 2018:
- There were 3,100 New Listings in October 2018 which was up 4.0% from October of 2017’s 2,981, and/but down 14.0% from the previous month/Sept of 2018’s total of 3,606 .
- At 2,440, October Closed Sales fell 4.9% from October 2017’s 2,565, but are up 7.4 % from the previous month/Sept 2018’s total of 2,272.
- October’s Pending Sales (accepted offers), at 2,484 down 8.2% down from October of 2017’s 2,705, but up 0.5% from the previous month/Sept 2018’s total of 2,471.
- The Average Sale Price in October of $454,400 was up $15,900 from October 2017’s $438,500, and also up from the previous month/Sept 2018’s $447,800 by $6,600.
Neighborhoods: October’s Average Sale Price + 12-month Appreciation :
- North Portland: $428,700 4.8% (Sep 416,300)
- NE Portland: $463,100 3.8% (Sep 433,700)
- SE Portland: $395,200 5.8% (Sep 420,200)
- Gresham/Troutdale: $359,700 9.0% (Sep 352,200)
- Milwaukie/Clackamas: $410,200 4.3% (Sep 437,400)
- Oregon City/Canby: $408,600 6.4% (Sep 404,300)
- Lake Oswego/West Linn:$714,500 2.6% (Sep 627,000)
- West Portland: $646,200 4.2% (Sep 631,700)
- NW Wash County: $588,300 3.3% (Sep 486,200)
- Beaverton/Aloha: $398,000 7.4% (Sep 402,800)
- Tigard/Wilsonville: $454,400 6.9% (Sep 466,900 )
- Hillsboro/Forest Grove: $400,500 6.5% (Sep 393,200 )
LAKE OSWEGO:
The combined areas of Lake Oswego and West Linn for the month of October 2018 reported:
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- 454 Active Listings (Sep 507 )
- 153 New Listings (Sep 183)
- 101 Pending Sales (Sep 122)
- 121 Closed Sales (Sep 141)
- Average Sale Price for October: $714,500 (Sep 627,000)
- 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.
- 61 Average Days on the Market (Sep 58)