Market Activity April 22-28, 2019

The last couple of weeks have been extraordinarily beautiful! Temperatures in the high 60’s and low 70’s, clear, sunny skies, just about perfect! We have also had a very nice spring market. Last week Lake Oswego had 21 new listings come onto the market, 21 properties moved into pending status, and 10 closed/sold homes.

Following is the breakdown for you according to RMLS:

New on the Market (April 22-28, 2019)

Address Type Price BR Baths Sq Ft
239 Cervantes Condo $199,000 2 2 1100
3433 McNary Pkwy Condo $219,000 2 2 1008
3433 McNary Pkwy #104 Condo $219,500 2 2.5 1208
3433 Mcnary Pkwy Condo $235,000 2 2 1008
170 Oswego Summit Condo $259,950 2 2 1506
155 Oswego Summit Condo $265,000 2 2 1506
50 Northview Ct Townhouse $499,900 3 2.5 2206
18651 Don Lee Way Detached $524,900 4 2 1603
15790 Murwood Ct Detached $639,000 3 2.5 2075
16 Independence Ave Detached $749,900 5 3 3979
5332 Lower Dr Detached $799,000 3 2.5 2632
2651 Wembley Park Rd Detached $875,000 5 2.5 2068
12391 Clara Ln Detached $950,000 4 3 2972
3623 Eena Rd Detached $1,198,000 4 3.5 3429
17389 Bergis Farm Dr Detached $1,399,000 4 3.5 4784
18099 Green Bluff Dr Detached $1,650,000 4 3.5 5023
17138 Cedar Rd Detached $1,825,000 3 3.5 3017
1475 Oak Terrace Detached $2,450,000 3 3.5 3674
1149 Lake Shore Rd Detached $2,595,000 4 3.5 3445
18060 Eastridge Ln Detached $2,995,000 4 5.5 5111
13490 Fielding Rd Detached $3,999,888 6 6.5 8376

Pending Sales (April 22-28, 2019)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd I-204 Condo $227,500 2 2 840 6
172 Oswego Summit Condo $243,500 2 2 1383 61
5944 Burma Rd Detached $350,000 3 1 1378 33
15008 Twin Fir Rd Detached $419,900 7 2.5+.5+.5+.5 3532 310
16726 Carnegie Ave Detached $449,900 3 2 1368 16
4725 Jean Rd Detached $484,900 4 2 1433 27
18280 Indian Creek Dr Detached $498,800 3 2 1402 6
2130 Wembley Park Rd Detached $600,000 3 1.5 1544 2
2099 Wembley Pl Detached $665,000 4 2.5 2730 86
18034 Westview Dr Detached $699,900 4 2.5 3544 82
4362 Glacier Lily St Detached $719,000 4 2.5 2808 4
860 Skyland Dr Detached $800,000 4 3 4067 60
391 Livingood Ln Detached $899,000 5 3 3872 7
1525 Maple St Detached $999,999 4 3.5 3000 84
8 Sherwood Ct Detached $1,050,000 5 3 4073 90
1050 Schukart Ln Detached $1,099,000 4 3.5 5437 14
3906 Bass Ln Detached $1,199,000 4 3.5 4311 51
18977 Pilkington Rd Detached $1,295,500 4 3 3590 284
1023 Bayberry Rd Detached $1,399,900 3 2.5 2958 54
1128 Englewood Dr Detached $1,999,888 6 5.5 8981 154
353 G Ave Detached $2,198,000 4 3.5 5399 54

Sold/Closed (April 22-28, 2019)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Pkwy #32 Condo $159,000 $153,000 617 5
40 Crestfield Ct Condo $184,900 $176,893 690 3
18430 Terry Ave Detached $460,000 $462,500 1568 5
125 Condolea Dr Condo $475,000 $475,000 2186 9
5835 Langford Ln Detached $575,000 $538,100 1850 11
18790 Bryant Rd Detached $649,000 $600,000 2489 17
24 Becket St Detached $649,900 $608,000 2527 16
5736 Southwood Dr Detached $760,000 $730,500 3120 59
11 Cellini Ct Detached $729,000 $753,000 3557 5
725 5th St Detached $1,199,900 $1,200,000 2748 3

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 April 8-14, 2019

It’s official. We are in the full throws of the spring real estate market. Talk about a lot happening! Last week, Lake Oswego had 25 new listings come onto the market, 30 properties that went into pending status, and 20 closed sales. Whew!

Following is the breakdown for you according to RMLS:

New on the Market (April 8-14, 2019)

Address Type Price BR Baths Sq Ft
5911 Carman Dr Detached $320,000 3 1.5 1168
5229 Rosewood St Detached $375,000 3 2 1618
16726 Carnegie Ave Detached $449,900 3 2 1368
23 Mountain Circle Detached $475,000 2 2 1363
19060 Indian Creek Ave Detached $524,000 3 2 1566
4635 Rembrandt Ln Detached $549,900 4 2.5 2056
5222 Carman Dr Detached $594,000 3 2 2543
1446 Holly Springs Rd Condo $612,000 4 2.5 1699
86 Greenridge Ct Attached $650,000 4 3.5 2718
14674 Rainbow Dr Detached $669,000 4 3 3190
4920 Mulholland Dr Attached $699,888 3 2.5 2498
13962 Knaus Rd Detached $749,500 4 2 2476
2461 Marylhaven Pl Detached $780,000 5 3 3382
825 McVey Ave Detached $875,000 5 4.5 4284
228 Furnace St Detached $875,000 2 1 2530
1050 Schukart Ln Detached $1,099,000 4 3.5 5437
4027 Canal Woods Ct Detached $1,195,000 4 3.5 4232
324 9th St Detached $1,299,900 3 2.5 2743
4316 Upper Dr Detached $1,349,000 4 3.5 4376
15566 Village Park Ct Detached $1,435,000 4 3.5 4855
1949 Cedar Ct Detached $1,699,000 5 5.5 6330
17435 Wren Ct Detached $1,895,000 4 3 2960
831 4th St Detached $1,948,000 5 6 5078
2493 Southshore Blvd Detached $3,599,000 5 5.5 7112
3358 Lakeview Blvd Detached $4,895,000 5 4 5133

Pending Sales (April 8-14, 2019)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #32 Condo $159,000 1 1 617 5
100 Kerr Pkwy #46 Condo $159,900 1 1 617 39
40 Crestfield Ct Condo $184,900 1 1 690 3
45 Eagle Crest Dr #204 Condo $205,000 1 1 768 35
512 S State St Condo $229,989 1 1 829 28
48 Eagle Crest Dr 3B Condo $299,500 2 2 1550 23
31 Ladd St Detached $450,000 3 1 867 48
870 Lake Forest Dr Detached $454,900 3 2.5 1971 311
14352 Sherbrook Pl Detached $475,000 3 2.5 1806 17
21 Ladd St Detached $495,000 3 1.5 2436 48
13369 Peters Rd Detached $580,000 4 2.5 2474 179
1901 Mapleleaf Ct Detached $584,900 4 3 2800 23
14751 Rainbow Dr Detached $625,000 5 2 1591 3
19134 Terry Ave Detached $625,000 5 2 2557 8
9 Juarez St Detached $679,000 4 3.5 2823 1
1193 Troon Rd Detached $699,000 3 2.5 2546 12
5450 Sterling Way Detached $719,000 4 2.5 2496 14
819 Boca Ratan Dr Detached $765,000 4 3 2760 791
1604 Campus Way Detached $769,900 3 2.5 2607 70
663 Carrera Ln Detached $775,000 3 2 2197 13
203 Hidalgo St Detached $800,000 4 3.5 4310 4
4755 Avery Ln Detached $810,000 4 2.5 2735 3
15585 Manchester Dr Detached $825,000 4 3 3576 353
74 Touchstone Detached $849,000 6 3.5 4584 22
171 C Ave Attached $859,000 3 3 2308 29
17484 Bryant Rd Detached $1,269,900 4 3.5 3615 70
862 Cedar St Detached $1,275,000 4 3.5 3914 228
885 9th St Detached $1,499,000 4 3.5 3757 2
1101 Forest Meadows Way Detached $1,998,000 4 3.5 5001 311
3258 Lakeview Blvd Detached $3,250,000 4 4.5 4337 129

Sold/Closed (April 8-14, 2019)

Address Type List Price Sold Price Sq Ft CDOM
94 Oswego Summit Condo $245,000 $244,000 1140 5
3972 Carman Dr Condo $299,900 $280,000 1146 223
5053 Foothills Dr B Condo $340,000 $325,000 1252 164
4434 Thunder Vista Ln Condo $339,900 $352,000 2040 3
19 Condolea Dr Condo $514,000 $514,000 2157 4
17000 Gassner Ln Detached $549,000 $515,000 1832 161
14425 Holly Springs Rd Condo $569,000 $542,000 2238 61
4582 Trillium Woods Attached $585,000 $579,900 1927 131
1508 Pine St Detached $569,900 $590,000 2300 1
981 Cumberland Pl Detached $899,000 $655,000 3339 292
29 Spinosa Detached $664,900 $665,000 3262 3
45 Da Vinci St Detached $729,900 $710,000 3122 4
1080 Upper Devon Ln Detached $775,000 $775,000 2512 5
4120 Southshore Blvd Detached $795,000 $820,000 2079 2
5364 Langford Ln Detached $869,999 $842,000 3022 32
3730 Rivers Edge Dr Detached $1,039,000 $1,039,000 3427 2
179 Iron Mountain Blvd Detached $1,175,000 $1,100,000 5245 95
17211 Blue Heron Rd Detached $1,385,000 $1,247,000 2701 13
3101 Westview Ct Detached $1,395,000 $1,269,000 4290 359
17522 Bryant Rd Detached $1,324,900 $1,324,900 3545 23

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 March 25-31, 2019

Last week in Lake Oswego 12 new listings came onto the market, 15 properties accepted offers and went into pending status, and 16 properties became sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (March 25-31, 2019)

Address Type Price BR Baths Sq Ft
668 McVey Ave #10 Condo $329,950 3 1.5 992
48 Eagle Crest Dr 2C Condo $349,000 3 2 1623
12864 Boones Ferry Rd Townhouse $389,900 2 2.5 1182
38 Weatherstone Condo $395,000 3 2.5 1692
647 2nd St Attached $579,900 3 2 1457
4889 Hampton Ct Detached $634,950 3 2.5 2206
1193 Troon Rd Detached $699,000 3 2.5 2546
4078 Melissa Dr Detached $699,900 4 2.5 2691
663 Carrera Ln Detached $775,000 3 2 2197
550 Middlecrest Rd Detached $880,000 2 2.5 2226
13078 Fielding Rd Detached $1,500,000 4 2 3936
17010 Canal Circle Detached $1,595,000 4 4 3931

Pending Sales (March 25-31, 2019)

Address Type Price BR Baths Sq Ft CDOM
10 Oswego Summit Condo $164,900 1 1 764 45
45 Eagle Crest Dr #218 Condo $179,900 1 1 768 9
5335 Jean Rd #402 Condo $299,500 2 2 1400 5
4308 Botticelli St Townhouse $384,995 3 3.5 2098 129
1 Eagle Crest Dr Detached $389,000 3 2 1265 5
668 McVey Ave #36 Condo $389,900 2 1 852 8
125 Condolea Dr Condo $475,000 3 3 2186 9
732 Ellis Ave Detached $489,000 3 2 1632 38
1901 Mapleleaf Ct Detached $584,900 4 3 2800 8
18790 Bryant Rd Detached $599,900 3 2.5 2489 17
4966 Harvard Ct Detached $639,900 4 2.5 3078 9
5736 Southwood Dr Detached $746,500 4 2.5 3120 59
19357 Riverwood Ln Detached $849,500 4 2.5 2916 5
16560 Glenwood Ct Detached $899,000 3 2.5 2558 7
1233 Cherry Ln Detached $2.099,000 5 4.5 6052 175

Sold/Closed (March 25-31, 2019)

Address Type List Price Sold Price Sq Ft CDOM
47 Eagle Crest Dr #37 Condo $134,900 $113,000 672 68
100 Kerr Pkwy #6 Condo $174,900 $159,900 617 259
104 Oswego Summit Condo $170,000 $175,280 764 22
3343 5th St #2 Condo $250,000 $241,500 910 20
48 Eagle Crest Dr 5C Condo $279,000 $269,000 1443 104
2071 Bonniebrae Dr Townhouse $379,900 $379,900 1611 7
210 S State St #2 Condo $395,000 $385,000 1715 10
553 6th St Detached $579,000 $475,000 1390 158
4954 Mulholland Dr Attached $599,900 $600,600 2498 4
1359 Larch St Detached $685,000 $635,000 3168 88
17 Westridge Dr Detached $725,000 $698,900 3533 34
2120 Ridgewood Rd Detached $779,000 $766,000 2382 5
903 Ash St Detached $999,000 $928,125 2765 231
1628 Lake Front Rd Detached $1,080,000 $1,020,000 2470 35
13750 Knaus Rd Detached $1,299,000 $1,160,000 4773 354
13236 Amber Pl Detached $1,499,950 $1,490,000 3966 283

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 March 11-17, 2019

Last week in Lake Oswego 18 new listings came onto the market, 24 properties accepted offers and went into pending status, and 10 properties became sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (March 11-17, 2019)

Address Type Price BR Baths Sq Ft
45 Eagle Crest Dr #218 Condo $179,900 1 1 768
512 S State St Condo $229,989 1 1 829
3814 Botticelli St Condo $279,000 2 2 1055
526 S State St 5a Condo $279,900 2 1 914
5054 Foothills Dr D Condo $345,000 2 2 1252
17606 Sydni Ct Townhouse $575,000 3 2.5 2442
336 Livingood Ln Detached $575,000 4 2.5 2392
737 Ash St Detached $649,990 4 2 2428
15 Nansen Summit Detached $775,000 3 2.5 3098
14183 Taylors Crest Ln Detached $799,000 4 2.5 3551
554 Luce Ln Detached $799,900 4 3 3269
171 C Ave Attached $879,000 3 3 2308
335 Cedar Ct Detached $975,000 4 3 3800
1385 Morning Sky Ct Detached $1,240,000 3 2.5 3690
2013 Ridgewood Rd Detached $1,248,000 5 3.5 4327
1835 Cedar Ct Detached $1,249,000 3 3.5 3165
1949 Cedar Ct Detached $1,745,000 5 5.5 6330
2260 Summit Ct Detached $2,158,000 5 4.5 3797

Pending Sales (March 11-17, 2019)

Address Type Price BR Baths Sq Ft CDOM
47 Eagle Crest Dr #37 Condo $115,000 1 1 672 68
86 Kingsgate Rd I-102 Condo $219,900 2 2 849 4
3972 Carman Dr Condo $299,900 2 2.5 1146 223
4434 Thunder Vista Ln Condo $339,900 2 2.5 2040 3
1589 Boca Ratan Dr Townhouse $378,500 3 2 1611 37
4433 Thunder Vista Ln Condo $379,000 3 2.5 2002 177
12884 Boones Ferry Rd Condo $395,000 2 2.5 1182 11
16200 Pacific Hwy #6 Condo $395,000 2 2 1190 115
18430 Terry Ave Detached $460,000 3 2 1568 5
17297 Bryant Rd Detached $529,000 3 2 1428 51
13371 Peters Rd Detached $549,900 3 2.5 2340 25
5835 Langford Ln Detached $560,000 2 2 1850 11
515 Atwater Rd Detached $637,625 3 2.5 2746 37
5725 Southwood Dr Detached $687,000 4 2.5 2406 3
332 Lakewood Rd Detached $700,000 3 1.5+.5 2242 0
981 Cumberland Pl Detached $725,000 4 2 3339 292
2025 Glenmorrie Ln Detached $780,000 3 2 2652 25
17479 Brookhurst Dr Detached $810,000 4 2.5 3711 2
6048 Lakeview Blvd Detached $849,000 4 2.5 2640 128
6044 Clairmont Ct Detached $880,000 4 2.5 3430 177
17494 Lake Haven Dr Detached $950,000 2 2 2121 279
892 8th St Detached $1,250,000 4 3.5 2747 242
407 G Ave Detached $1,980,000 4 3.5 4635 12
320 Chandler Pl Detached $2,395,000 5 3.5 4675 288

Sold/Closed (March 11-17, 2019)

Address Type List Price Sold Price Sq Ft CDOM
63 Oswego Summit Condo $179,900 $185,000 1058 3
218 Ridgeway Rd Condo $284,000 $279,700 914 18
293 Cervantes Townhouse $350,000 $330,000 1384 77
17156 Rebecca Ln Detached $545,000 $534,000 2026 43
1010 Upper Devon Ln Detached $699,000 $630,000 3068 144
5474 Bay Creek Dr Detached $649,900 $640,000 2322 15
18048 Eastridge Ln Detached $1,375,000 $974,903 4336 426
1451 Horseshoe Curve Detached $1,198,000 $1,163,000 2062 13
1122 Bayberry Rd Detached $1,498,000 $1,425,000 3259 19
3130 Douglas Circle Detached $1,595,000 $1,500,000 4063 189

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 Feb 25-March 3, 2019

Last week in Lake Oswego 8 new listings came onto the market, 18 properties accepted offers and went into pending status, and 9 properties became sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 25-March 3, 2019)

Address Type Price BR Baths Sq Ft
12866 Boones Ferry Rd Condo $385,000 2 2.5 1182
19 Walking Woods Dr Detached $545,000 3 2 2513
5835 Langford Ln Detached $575,000 2 2 1850
18049 Skyland Circle Detached $1,125,000 3 3 3717
1023 Bayberry Rd Detached $1,399,900 3 2.5 2958
3101 Douglas Circle Detached $1,438,950 5 4.5 4430
407 G Ave Detached $1,980,000 4 3.5 4635
420 Ridgeway Rd Detached $2,695,000 4 4 3505

Pending Sales (Feb 25-March 3, 2019)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #6 Condo $159,900 1 1 617 259
94 Oswego Summit Condo $245,000 2 2 1140 5
343 5th St #2 Condo $250,000 2 1 910 20
2071 Bonniebrae Dr Townhouse $379,900 3 2 1611 7
1410 Spruce St Detached $525,000 3 2 1242 15
5079 W Sunset Dr Attached $529,900 2 2.5 1734 81
5807 Ridgetop Ct Detached $660,000 5 2.5 2610 149
29 Spinosa Detached $664,900 3 2.5+.5 3262 3
45 Da Vinci St Detached $729,900 4 3.5 3122 4
4120 Southshore Blvd Detached $795,000 3 3 2079 2
4028 Orchard Dr Detached $825,000 4 2.5 3343 30
641 3rd St Condo $849,900 3 2.5 3343 134
5364 Langford Ln Detached $849,999 3 2.5 3022 32
17596 Greenbluff Dr Detached $934,900 4 2.5 3150 42
179 Iron Mountain Blvd Detached $1,175,000 5 4.5 5245 95
725 5th St Detached $1,199,900 4 3 2748 3
13750 Knaus Rd Detached $1,199,999 5 4 4773 354
939 Lake Front Rd Detached $1,699,900 5 4 4106 574

Sold/Closed (Feb 25-March 3, 2019)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Pdwy #16 Condo $205,000 $208,000 823 2
4000 Carman Dr #40 Condo $269,000 $259,000 906 115
5225 Jean Rd #513 Condo $315,000 $292,000 1400 156
16061 Waluga Dr Detached $500,000 $439,000 676 88
5123 Jean Rd Detached $570,000 $547,000 2400 276
4451 Bernard St Detached $550,000 $550,000 1806 5
5326 Westfield Ct Detached $775,000 $752,500 3259 110
1813 Palisades Lake Ct Detached $1,015,000 $995,000 4119 302
1160 Northshore Rd Detached $1,898,000 $1,750,000 2794 302

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 ~ January 2019 Numbers

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

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

  • There were 3,048 New Listings in January 2019 which was up 22.0% from January of 2018’s 2,486, and more than double the previous month/Dec of 2018’s total of 1,255 .
  • At 1,451 January 2019’s Closed Sales cooled  10.9% from January 2018’s 2,311, and also 21.4 % from the previous month/Dec 2018’s total of 1,846.
  • January 2019’s Pending Sales (accepted offers), at 2,045 are down 11.5% down from January of 2018’s 2,311, and surged ahead 27.9% from the previous month/Dec 2018’s total of  1,599.
  • The Average Sale Price in January 2019 of $435,600 was down slightly/$800.00 from last year/January 2018’s $436,400, and also down a little from the previous month/Dec 2018’s $438,600 by $3,000.  
  • The Median Sale Price in January 2019 of $384,900 was down $5,100.00 from last year/January 2018’s $390,000, and also down the same from the previous month/Dec 2018’s $390,000.   

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

  • North Portland:  $403,900              2.8%   (Dec 388,700)
    •                                                     YTD Median: $379,500
  • NE Portland:  $439,500                   3.5%   (Dec 450,600)
    •                                                     YTD Median: $370,000
  • SE Portland:  $390,000                   5.5%   (Dec 425,900)
    •                                                     YTD Median: $357,000
  • Gresham/Troutdale:   $349,300     6.5%   (Dec 338,500)
    •                                                     YTD Median: $346,300
  • Milwaukie/Clackamas:  $410,500  3.6%   (Dec 427,500)
    •                                                     YTD Median: $389,900
  • Oregon City/Canby:   $397,100      6.4%   (Dec 428,600 )
    •                                                     YTD Median: $366,500
  • Lake Oswego/West Linn:$664,200 2.3%   (Dec 636,300)
    •                                                      YTD Median: $532,500
  • West Portland:    $589,800             3.1%   (Dec 588,800)
    •                                                     YTD Median: $525,000
  • NW Wash County:  $559,600          1.8%   (Dec 483,400)
    •                                                      YTD Median: $572,500
  • Beaverton/Aloha:     $393,900       8.8%   (Dec 381,600 )
    •                                                     YTD Median: $365,000
  • Tigard/Wilsonville:   $440,100       6.3%   (Dec 459,600 )
    •                                                      YTD Median: $410,000
  • Hillsboro/Forest Grove: $391,500  5.5%   (Dec 382,100 )
    •                                                      YTD Median: $372,500

LAKE OSWEGO:

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

    •  299 Active Listings   (Dec 296 )
    •  185 New Listings     (Dec 115)
    •   94 Pending Sales  (Dec 91)
    •   82 Closed Sales      (Dec 75)
    • Average Sale Price for January: $664,200  (Dec $636,300)
      • 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   (Dec 76)

 

Market Activity ~ Feb 18-24, 2019

There are a total of 202 homes for sale in Lake Oswego right now. Last week 12 New properties entered the market, 21 moved to Pending status, and 12 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 18-24, 2019)

Address List Price # Beds # Baths Total SF Prop Type
172 OSWEGO SMT, Main FLr $254,900 2 2 1383 CONDO
4643 LAKEVIEW BLVD/Upper $289,900 2 2 1178 CONDO
12714 BOONES FERRY RD $359,000 3 1 996 DETACHD
2071 BONNIEBRAE DR $379,900 3 2 1611 TOWNHSE
31 LADD ST $450,000 3 1 867 DETACHD
21 LADD ST $495,000 3 1.1 2436 DETACHD
45 DA VINCI ST $729,900 4 3.1 3122 DETACHD
2025 GLENMORRIE LN $780,000 3 2 2652 DETACHD
128 NORTHSHORE RD $897,500 4 3 2695 DETACHD
15672 QUARRY RD $999,000 3 1 1480 DETACHD
29 HILLSHIRE DR $1,150,000 4 2.1 4690 DETACHD
2912 WEMBLEY PARK RD $1,475,000 4 3.2 4389 DETACHD

PENDING SALES (Feb 18-24, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
104 OSWEGO SMT Lower $170,000 1 1 764 CONDO 22
63 OSWEGO SMT #63 $179,900 1 1 1058 CONDO 3
48 EAGLE CREST DR #5C $279,000 2 0.2 1443 CONDO 104
218 RIDGEWAY RD Main $284,000 2 1 914 CONDO 18
210 S STATE ST #2 $395,000 2 1.1 1715 CONDO 10
4514 LOWER DR Lower $409,000 3 2.1 1644 CONDO 12
2745 GREENTREE RD $450,000 2 2 1219 DETACHD 3
732 ELLIS AVE $489,000 3 2 1632 DETACHD 8
13371 PETERS RD $549,900 3 2.1 2340 DETACHD 5
13369 PETERS RD $580,000 4 2.1 2474 DETACHD 131
1359 LARCH ST $650,000 6 3 3168 DETACHD 88
17 WESTRIDGE DR $698,900 4 3.2 3533 DETACHD 34
18034 WESTVIEW DR $699,900 4 2.1 3544 DETACHD 23
1080 UPPER DEVON LN $775,000 3 2.1 2512 DETACHD 5
15545 VILLAGE PARK CT $779,950 4 2.1 2735 DETACHD 24
17644 TREE TOP LN $820,000 4 3.1 4240 DETACHD 17
5328 LOWER DR $824,900 4 2.1 2600 DETACHD 1
1628 LAKE FRONT RD $1,080,000 4 3 2470 DETACHD 35
13236 AMBER PL $1,499,950 4 3.1 3966 DETACHD 283

SOLD (Feb 18-24, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
13 OSWEGO SMT $169,900 $145,686 1 1 764 CONDO 441
750 1ST ST E31 $199,900 $175,725 1 1 986 CONDO 332
106 OSWEGO SMT #106 $235,000 $237,000 2 2 1140 CONDO 7
6015 FERNBROOK CIR $379,000 $410,800 3 1.1 1250 DETACHD 2
4546 DOGWOOD DR $500,000 $486,940 2 1 1010 DETACHD 20
5695 BURMA RD $479,900 $487,000 4 2.1 1934 DETACHD 4
3306 EDGEMONT RD $535,500 $510,000 4 2 1733 DETACHD 128
1 PREAKNESS CT $585,000 $568,000 4 3 2373 DETACHD 4
5515 LANGFORD LN $600,000 $584,000 2 2 1830 DETACHD 2
14293 AMBERWOOD CIR $679,000 $684,000 4 3 2576 DETACHD 3
905 LAUREL ST $939,000 $936,971 3 3.1 2906 DETACHD 5
310 CHANDLER PL $2,150,000 $1,825,000 4 3.1 3867 DETACHD 168

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 Feb 11-17, 2019

Last week in Lake Oswego 15 new listings came onto the market, 15 properties accepted offers and went into pending status, and 7 properties became sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 11-17, 2019)

Address Type Price BR Baths Sq Ft
63 Oswego Summit Condo $179,900 1 1 1058
668 McVey Ave #55 Condo $299,900 1 1 636
5225 Jean Rd #603 Condo $305,000 3 2 1400
1410 Spruce St Detached $525,000 3 2 1242
13371 Peters Rd Detached $549,900 3 2.5 2340
16835 Fernwood Dr Detached $645,000 4 2 1942
1080 Upper Devon Ln Detached $775,000 3 2.5 2512
12645 Boones Ferry Rd Detached $799,900 5 2 3036
917 Laurel St Detached $987,000 4 3.5 3182
4320 Haven St Detached $1,200,000 4 3.5 4526
12816 Alto Park Rd Detached $1,295,000 5 4 3846
18325 Crestline Dr Detached $1,525,000 5 4 5418
17283 Blue Heron Rd Detached $1,695,000 3 2.5 3797
16511 Maple Circle Detached $1,925,000 3 2.5 3338
920 Westpoint Rd Detached $4,300,000 4 4.5 6337

Pending Sales (Feb 11-17, 2019)

Address Type Price BR Baths Sq Ft CDOM
343 5th St #2 Condo $250,000 2 1 910 6
163 Oswego Summit Condo $251,000 2 2 1506 14
4765 Firwood Rd Detached $474,000 3 2 1716 7
18820 65th Ave Detached $485,000 4 2.5 2268 13
6238 Dawn St Detached $505,000 3 2 1414 19
17297 Bryant Rd Detached $529,000 3 2 1428 27
17156 Rebecca Ln Detached $539,000 4 2.5 2026 43
5153 Jean Rd Detached $547,000 8 3 2400 276
939 Devon Ln Detached $574,900 3 2 2165 129
3830 Tempest Dr Detached $599,900 3 2.5 3099 5
18140 Pioneer Ct Detached $965,000 4 3 2524 187
780 Briercliff Detached $1,138,000 5 3.5 3061 39
4212 Southshore Blvd Detached $1,175,000 4 4 3127 55
17522 Bryant Rd Detached $1,324,000 4 4 3545 23
13705 Knaus Rd Detached $1,650,000 4 3.5 5339 296

Sold/Closed (Feb 11-17, 2019)

Address Type List Price Sold Price Sq Ft CDOM
121 Oswego Summit Condo $195,000 $182,200 764 52
17040 Fernwood Dr Detached $575,000 $475,000 2399 211
3857 Bass Ln Detached $650,000 $632,000 2608 55
12 Da Vinci Detached $785,000 $720,000 2959 201
19463 Lorna Ln Detached $999,500 $920,000 4055 208
1810 Northshore Rd Detached $1,750,000 $1,450,000 3529 234
3120 Upper Dr Detached $2,350,000 $2,300,000 4575 7

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’s Own ‘La Provence’!

There are so many reasons to choose to live in Lake Oswego, not the least of which is the quality of amenities offered here in this little hamlet outside of Portland, Oregon.  A small-ish community can often lack the cultural and foodie resources found in a larger city, but here in Lake Oswego, we got lucky.  Lake Oswego has the Lake Theater & Cafe for movies & live music events, as well as the Lake Oswego Center for the Arts which is a 2-stage venue for plays & musicals. Right across the street from that is George Rogers Park which hosts various festivals and concerts all summer long, along with Foothills Park, Westlake Park, Movie Nights and Farmers Markets in Millennium Park Plaza… on & on. Then there are the myriad restaurants & shops found off of State Street as well as Boones Ferry Road (kind of the two “main drags” of Lake Oswego). Lake Oswego does not want for places to obtain delicious food & wine, fancy or practical clothing, gifts…well, you get the idea. There are abundant resources in Lake Oswego for a cozy bedroom community.

Diane and I have put a spotlight on a businesses here & there through the years, and there are so many, but today I just wanted to say a few words about La Provence, restaurant & bakery. I remember discovering it when I first moved to Lake Oswego around 1999, and I came to make it a staple for family dinners and client lunches. Its also the place I go for a special treat for my French husband who is also a chef and rather particular in his taste for treats!  Alain Machtelinckx, Didier Blanc Gonet, and Pascal Tisseur opened it in 1996 a few blocks away from its current location at 16350 Boones Ferry Road when they could not find the  kind of authentic, rustic artisan bread they grew up on, and decided to do something about it. They are dedicated to the food they serve and the ambience they provide. They really try to instill a real old-world feeling into La Provence by doing things themselves… including making the tables and draperies in-house! From macarons to fine cuisine, everything is a reflection of their initial desire to bring the food they so loved in France to Oregon.  Nowadays they have 8 restaurants around the Portland area, but Lake Oswego will always be “home”.   As I mentioned, La Provence moved to a newer and larger restaurant space in Lake Oswego a few years back that is a recommended destination for anyone who loves good food and pleasant environs.

When you have the chance you ought to stop in for a pastry, lunch or dinner!  Lake Oswego is so lucky to have this gem. Here is a link to their main website where you can click on Lake Oswego or explore the other locations:  La Provence

As well as a link to their Lake Oswego location’s menu: La Provence Menu

Bon Apetit!

Market Activity Jan 28-Feb 3, 2019

So much for the mild winter I wrote about 2 weeks ago. We had a dusting of snow on Monday and we have a wintry forecast for the next week or so. I love it. It just wouldn’t be a proper winter without a couple days with snow on the ground.

Last week the market activity was a bit weird. We had 19 properties come onto the market. That’s a good number and what I would expect to see as we build toward the spring. We only had 8 go into pending status. That strikes me as really low. We also had 11 become finalized sales. That seems normal as these would be the houses that sold over the holidays.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 28-Feb 3, 2019)

Address Type Price BR Baths Sq Ft
108 Oswego Summit Condo $169,900 1 1 764
42 Cervantes Circle Condo $210,000 2 1.5 912
218 Ridgeway Rd Condo $284,000 2 1 914
18820 65th Detached $485,000 4 2.5 2268
3283 Duncan Dr Detached $575,000 4 3 2915
2099 Wembley Pl Detached $689,000 4 2.5 3544
18034 Westview Dr Detached $699,900 4 2.5 3544
3943 Tempest Dr Detached $749,900 4 2.5 3714
5015 Parkhill St Detached $775,000 3 3 2628
1604 Campus Way Detached $795,000 3 2.5 2607
17644 Tree Top Ln Detached $820,000 4 3.5 4240
4028 Orchard Dr Detached $825,000 4 2.5 3343
5364 Langford Ln Detached $869,999 3 2.5 3022
13915 Sundeleaf Dr Detached $1,085,000 4 3.5 4090
179 Iron Mountain Blvd Detached $1,175,000 5 4.5 5245
1525 Maple St Detached $1,200,000 4 3.5 3154
792 2nd St Detached $1,269,900 4 3 2786
748 1st St Detached $1,799,900 5 4 3854
17484 Bryant Rd Detached $1,269,900 4 3.5 3615

Pending Sales (Jan 28-Feb 3, 2019)

Address Type Price BR Baths Sq Ft CDOM
106 Oswego Summit Condo $235,000 2 2 1140 7
16790 Lake Forest Blvd Detached $334,999 2 1 780 128
16880 Cortez Ct Detached $455,000 3 2.5 2313 21
5228 Bonita Rd Detached $479,999 3 2 1310 166
6267 Wayzata Ct Detached $520,000 3 2 1504 3
5262 Rosewood St Detached $600,000 3 2 2275 100
5515 Langford Ln Detached $600,000 2 2 1830 2
905 Laurel St Detached $939,000 3 3.5 2906 5

Sold/Closed (Jan 28-Feb 3, 2019)

Address Type List Price Sold Price Sq Ft CDOM
3433 McNary Pkwy #305 Condo $220,000 $215,000 1208 58
46 Cervantes Circle Condo $225,000 $226,000 912 68
750 1st St A10 Condo $250,000 $250,000 1350 0
19220 Red Wing Ct Detached` $504,900 $499,000 1647 42
17330 Grandview Ct Detached` $865,000 $722,694 3857 257
13978 Westcott Ct Detached` $985,000 $905,000 3267 199
2060 Indian Trail Detached` $1,250,000 $1,150,000 2387 30
19155 Bryant Rd Detached` $1,299,900 $1,299,900 3371 6
3123 Douglas Circle Detached` $1,549,000 $1,520,000 3664 102
1657 Lake Front Rd Detached` $2,795,000 $2,275,000 3721 485
610 Cabana Ln Detached` $4,000,000 $4,000,000 4796 0

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.