selling a home in Lake Oswego Archives - Page 4 of 138

November 26, 2021September 11, 2022

Market Activity ~ Nov 15-21, 2021

Last week we saw 7 properties enter the market, 22 move to Pending status and 20 Closed/Sold. Right now there are 60 beautiful homes available in Lake Oswego.

Here is the breakdown:

NEW Nov 15-21, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
871 COUNTRY CLUB RD	$215,000	1	1	600	CONDO
2991 DELLWOOD DR	$499,000	3	2.1	1844	CONDO
45 EAGLE CREST DR #316	$580,000	4	2	1546	DETACHD
21 D AVE #4	$625,000	3	1.1	1449	DETACHD
2305 GLEN HAVEN RD	$1,425,000	4	2.2	4308	DETACHD
4325 SILVER CT / Upper	$2,067,000	2	2.1	2431	CONDO
6050 FERNBROOK ST	$2,275,000	5	4	3632	DETACHD

PENDING Nov 15-21, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
7155 CHILDS RD / Grnd	$278,000	2	1	916	CONDO	4
1400 BONNIEBRAE DR / Main	$425,000	2	1	890	CONDO	7
71 KINGSGATE RD	$595,000	3	2.1	1727	DETACHD	2
5020 JEAN RD	$599,000	3	2	1837	DETACHD	3
16989 TUALATIN ST	$650,000	3	2.1	1491	DETACHD	50
1695 MEADOWS DR	$698,000	4	3	2219	DETACHD	6
74 CONDOLEA WAY	$699,000	3	3	2965	CONDO	51
1335 LAUREL ST	$699,000	3	1	1898	DETACHD	62
326 LAKE BAY CT	$820,000	3	2	1427	DETACHD	3
129 DEL PRADO ST	$829,000	4	2.1	2622	DETACHD	2
16510 MAPLE CIR	$899,000	4	2.1	2295	DETACHD	101
223 Cornell CT	$965,000	5	3.1	3756	DETACHD	10
3777 RIVERS EDGE DR	$1,095,000	4	2.1	2875	DETACHD	6
16164 PARKER RD #2	$1,098,000	3	2.1	2091	DETACHD	57
18168 WESTMINSTER DR	$1,099,000	5	3.1	4220	DETACHD	5
828 7TH ST	$1,250,000	3	4	2418	DETACHD	4
16164 PARKER RD #1	$1,395,000	5	4	3257	DETACHD	79
17912 KELOK RD	$1,650,000	5	3	3218	DETACHD	19
17908 BLUE HERON DR	$1,799,000	3	4	4172	DETACHD	4
2245 GLEN HAVEN RD	$1,950,000	4	4	3830	DETACHD	9
6720 CHILDS RD	$2,395,000	4	4.1	6898	DETACHD	64
637 ENGLEWOOD DR	$2,825,000	7	3.1	4231	DETACHD	19

SOLD Nov 15-21, 2021

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
316 CERVANTES CIR #316	$ 220,000	$ 225,000	2	1	832	CONDO	13
29 CRESTFIELD CT/ Grnd	$ 249,900	$ 232,000	2	2	989	CONDO	357
350 CERVANTES CIRb#1E	$ 259,900	$ 249,500	2	1.1	912	CONDO	10
28 AQUINAS ST	$ 529,000	$ 539,000	3	2	1960	DETACHD	6
18840 SW 65TH AVE	$ 549,000	$ 549,000	3	2.1	1634	DETACHD	34
5944 BURMA RD	$ 629,000	$ 675,000	3	2	1409	DETACHD	4
4191 SOUTHSHORE BLVD	$ 699,000	$ 705,000	4	2	1361	DETACHD	5
4322 COLLINS WAY	$ 765,500	$ 727,000	5	3	2112	DETACHD	36
17226 MARJORIE AVE	$ 684,900	$ 750,000	3	2	1782	DETACHD	3
603 ATWATER RD	$ 924,900	$ 850,000	5	3.1	3430	DETACHD	73
4705 LAKEVIEW BLVD	$ 875,000	$ 874,000	3	2.1	2700	DETACHD	41
17555 ERIN CT	$ 969,000	$ 910,000	4	3	3156	DETACHD	17
3211 WESTVIEW CT	$ 1,150,000	$ 1,150,000	4	3.1	3325	DETACHD	20
14322 EDENBERRY DR	$ 1,295,000	$ 1,230,000	4	2.1	3262	DETACHD	31
7 GARIBALDI ST	$ 1,450,000	$ 1,450,000	4	3.1	6303	DETACHD	85
860 SKYLAND DR	$ 1,299,000	$ 1,460,000	4	3	3527	DETACHD	4
9 HIDALGO ST	$ 1,400,000	$ 1,500,000	4	3.3	5713	DETACHD	4
792 2ND ST	$ 1,650,000	$ 1,670,000	4	3	2786	DETACHD	8
14034 TAYLORS CREST LN	$ 1,685,000	$ 1,685,000	5	3.2	4007	DETACHD	0
13710 KNAUS RD	$ 2,990,000	$ 2,950,000	4	4.2	5780	DETACHD	0

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

November 20, 2021November 27, 2021

News & Notes ~ October 2021 Numbers

Here is your look at what’s been happening in the overall Portland area including individual areas of the metro, and with Lake Oswego broken out below:

Overview/Fluctuations ~ Market Data Oct 2021: We’re definitely watching the typical fall/winter slowdown across the board, BUT, in general we’re seeing improvements over the same 10-month period in 2020. Inventory which had started to rise slowly but steadily did take another slight dip in October. Listings increased 6.6% over 2020 during this time period, Pending Sales rose 9.0% and Closed Sales were up by 12.5%.

Rates: “Rates are at around 3.25% right now, however we are seeing continued upward pressure as the Federal Reserve takes steps to combat inflation.” Gary Boyer, Regional VP, Directors Mortgage

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

There were 3,232 New Listings in Oct 2021, down 8.1% from Oct 2020’s 3,515 and also down 14.0% from the previous month/Sept’s 3,760.
At 3,129, Oct 2021’s Closed Sales are down 0.8% from Oct 2020’s 3,155, and also down 1.2% from the previous month/Sept’s total of 3,167
At 3,187, Oct 2021’s Pending Sales decreased 0.4% from Oct 2020’s 3,199, and increased 0.5% from the previous month/Sept’s total of 3,170.
The Average Sale Price in Oct 2021 of $575,200 is up $58,700 from last year/Oct 2020’s $516,500, and up $3,700. from the previous month/Sept’s $571,500.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Oct 2021 of $516,000 rose $56,000 from last year/Oct 2020’s $460,000, and was also up $6,000 from the previous month/Sept’s $510,000.

LAKE OSWEGO:

138 Active Listings (Sep 154)
146 New Listings (Sep178)
152 Pending Sales (Sep 170)
142 Closed Sales (Sep 168)
Average Sale Price for Sept: $853,200 (Sep $975,700)
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.
27 Days on the Market (Sep 24)

November 19, 2021November 19, 2021

Market Activity Nov 8-15, 2021

The market is moving right along. I feel like the 12 new listings, 19 pending sales, and 16 closed sales is actually pretty active for the holiday season. People buying or selling this week are hoping to be moved before Christmas. Timing is pretty motivating.

See below for RMLS data

New on the Market Nov-15, 2021

Address	Type	Price	BR	Baths	Sq Ft
58 Galen St	Condo	$224,900	1	1	689
7155 Childs Rd	Condo	$278,000	2	1	916
572 S State St 8C	Condo	$324,900	2	1	914
1400 Bonniebrae Dr	Condo	$425,000	2	1	890
1695 Meadows Dr	Detached	$698,000	4	3	2219
3777 Rivers Edge Dr	Detached	$1,095,000	4	2.5	2875
18168 Westminster Dr	Detached	$1,099,000	5	3.5	4220
17908 Blue Heron Dr	Detached	$1,799,000	3	4	4172
752 8th St	Detached	$1,877,000	5	3.5	4032
2245 Glen Haven Rd	Detached	$1,950,000	4	4	3830
17367 Lake Haven Dr	Detached	$2,849,000	4	3	4225
14655 Uplands Dr	Detached	$3,300,000	5	4.5	5000

Pending Sales Nov 8-14, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone #78	Condo	$216,999	3	2.5	1351	30
204 Cervantes	Condo	$305,000	3	1.5	1138	3
4000 Carman Dr B23	Condo	$307,500	2	2	866	3
4429 Thunder Vista Ln	Condo	$459,900	2	2.5	2002	81
17347 Ashley Ct	Attached	$650,000	4	2.5	2117	5
5352 Kenny St	Detached	$665,000	3	2	1596	6
3225 Tempest Dr	Detached	$799,000	3	2.5	2231	12
1638 Pine St	Detached	$800,000	4	3	3105	4
14145 Redwood Ct	Detached	$825,000	4	3	2519	5
755 Ellis Ave	Detached	$829,000	5	2	2248	5
507 Ash St	Detached	$849,000	5	4	4666	3
6073 Carman Dr	Detached	$899,900	3	2.5	2751	54
890 Devon Ln	Detached	$999,900	4	3.5	2826	7
1844 Oak Knoll Ct	Detached	$1,125,000	3	2.5	3028	25
5492 Yorkshire Pl	Detached	$1,130,000	4	2.5	2462	4
19317 Lorna Ln	Detached	$1,599,000	5	4.5	4634	186
1155 Crestline Ct	Detached	$2,095,000	5	4.5	7438	17
2101 Wembley Park Rd	Detached	$2,750,000	5	4.5	4710	19
736 Southview Rd	Detached	$4,195,000	4	3.5+.5	4639	6

Sold/Closed Nov 8-14, 2021

Address	Type	List Price	Sold Price	Sq Feet	DOM
210 S State St #9	Condo	$525,000	$526,000	1642	19
7 St Helens Circle	Detached	$599,000	$600,000	1275	15
4455 Chapman Way	Detached	$726,000	$718,000	2262	15
15450 Partridge Dr	Detached	$800,000	$795,000	2624	4
1631 Ash St	Detached	$750,000	$795,000	2,227	3
12751 Sierra Vista Dr	Detached	$799,900	$865,000	2097	4
2915 Dellwood Dr	Detached	$899,900	$890,000	3690	8
6413 McDuff Ct	Detached	$1,035,000	$1,055,000	3091	37
5532 Bay Creek Dr	Detached	$995,000	$1,100,000	2869	3
13280 Sandalwood Ct	Detached	$1,050,000	$1,101,000	3080	5
16645 Fir Ln	Detached	$1,100,000	$1,290,000	3066	6
17975 Ridge Lake Dr	Detached	$1,199,000	$1,350,000	2835	2
18365 SW 65th Ave	Detached	$1,290,000	$1,375,000	3331	22
3411 Lake Grove Ave	Detached	$1,675,000	$1,590,680	4434	47
3330 Cedar Ct	Detached	$1,649,000	$1,625,000	4467	12
1051 Forest Meadows Way	Detached	$4,149,000	$3,850,000	5597	63

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.

October 31, 2021October 31, 2021

This Week in Lake Oswego

Here are my picks for things to do this week either online or in person:

Mon, Nov 1, 2021 – 8:00AM-9:00PM–Story Line Recordings~ Listen to poetry and short stories anytime! dial 503-636-7628 and press 6 – More Info: CLICK HERE

Tues, Nov 2, 2021 **Daily Through Nov 30th, 2021 – 10:00AM-7:00PM–Native American Heritage STEM Kit Giveaway! ~ Explore traditional Native American technologies, visit with an archaeologist, and try out hands-on engineering challenges! Come to the Children’s Library to pick up a take-and-make activity kit while supplies last.- More Info & Registration: CLICK HERE

Wed, Nov 3, 2021 – 10:00AM – The Waldo Project~ “The Waldo Project” is a collaboration between the Lake Oswego Public Library, the Kiwanis Club of Lake Oswego(link is external) and Hunger Fighters Oregon. Serve your community by getting books out into it, and have some fun! When a child finds Waldo in his hiding spot, they go straight to a vintage gumball machine filled with wooden tokens. After turning the crank and retrieving a token, they drop it into a jar which designates how many books will be distributed. – More Info & Registration + Agenda Links: CLICK HERE

Thurs, Nov 4, 2021 – 10:00AM-2:00PMPM –Bob Ross Oil Painting – Aurora Borealis ~ Easy step by step beginners class from concept to completion! All supplies provided. – More Info & Registration: CLICK HERE

Fri, Nov 5, 2021 – 7:00-8:30PM – How to Help Your Garden Soil Feed You ~ This online program helps you understand how to work the soil in your garden even in off months to better prepare for a fantastic new growing season in the spring! More Info: CLICK HERE

Sat, Nov 6, 2021 – 9:00-11:00AM – Stewardship Work Party at Springbrook Park – Help clear forest debris and remove invasive species. Friends of Springbrook Park will lead this work party. No experience needed. Dress for the weather, wear sturdy shoes and bring water.- More Info : CLICK HERE

Sun, Nov 7, 2021 – 10:00AM-12:00PM – Stewardship Work Party at Freepons Park~ Help clear storm debris from the February ice storms. Friends of Hallinan Heights Woods will lead the group to help restore the habitat. No experience needed. Dress for the weather, wear sturdy shoes and bring water. More Info : CLICK HERE

October 29, 2021September 11, 2022

Market Activity ~ Oct 18-24, 2021

True to the season, last week Lake Oswego saw just 4 properties enter the market. There were, however, 21 moving to Pending status, and 15 that Sold/Closed. At this moment there are 77 fabulous homes priced from $170,000 to $6.5 Million available in this little hamlet.

Here is your weekly detailed breakdown:

NEW Oct 18-24, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
100 KERR PKWY #19	$170,000	1	1	617	CONDO
135 OSWEGO SMT / Upper	$263,000	2	2	1140	CONDO
5051 FOOTHILLS DR D	$340,000	2	2	991	CONDO
16940 SW TRACY AVE	$675,000	4	1.2	1656	DETACHD

PENDING Oct 18-24, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	Days
358 CERVANTES CIR	$234,900	2	1.1	912	CONDO	5
4000 CARMAN DR C44	$255,000	2	2	866	CONDO	46
18840 SW 65TH AVE	$549,000	3	2.1	1634	DETACHD	34
4191 SOUTHSHORE BLVD	$699,000	4	2	1361	DETACHD	5
13819 PROVINCIAL HILL DR	$785,000	3	2.1	2021	DETACHD	3
15450 PARTRIDGE DR	$800,000	3	2.1	2624	DETACHD	4
3718 RIVERS EDGE DR	$960,000	4	2.1	2512	DETACHD	0
13280 SANDALWOOD CT	$1,050,000	4	3	3080	DETACHD	5
3211 WESTVIEW CT	$1,150,000	4	3.1	3325	DETACHD	20
17975 RIDGE LAKE DR	$1,199,000	4	2.1	2835	DETACHD	2
18470 RAY RIDGE DR	$1,350,000	5	2.1	4329	DETACHD	136
9 HIDALGO ST	$1,400,000	4	3.3	5713	DETACHD	4
7 GARIBALDI ST	$1,450,000	4	3.1	6303	DETACHD	85
17625 WOODHURST PL	$1,495,000	5	4.1	4513	DETACHD	39
4305 UPPER DR	$1,525,000	4	2.1	3483	DETACHD	8
611 RIDGEWAY RD	$1,995,000	4	5.1	4463	DETACHD	145
4480 UPPER DR	$2,000,000	4	3.1	3497	DETACHD	19
1099 CHERRY CIR	$2,275,000	5	3.1	4039	DETACHD	3
19155 BRYANT RD	$2,275,000	3	3.1	3371	DETACHD	20
16767 GRAEF CIR	$2,950,000	4	4.1	4222	DETACHD	13
1101 CRESTLINE CT	$3,000,000	4	4.3	7226	DETACHD	415

SOLD Oct 18-24, 2021

Address	Opening	Closed	Beds	Baths	SF	Type	Days
47 EAGLE CREST DR #54	$ 186,000	$ 182,500	1	1	672	CONDO	37
47 EAGLE CREST DR #48	$ 200,000	$ 203,500	1	1	696	CONDO	16
96 CERVANTES CIR / Main	$ 230,000	$ 205,000	2	1.1	912	CONDO	7
47 EAGLE CREST DR #56	$ 240,000	$ 240,000	3	1	1031	CONDO	5
68 WHEATHERSTONE CT	$ 549,900	$ 534,000	4	3.1	2465	CONDO	19
5715 BONITA RD	$ 599,000	$ 599,000	3	2.1	1614	DETACHD	0
1386 BOCA RATAN DR	$ 524,900	$ 600,000	3	2.1	1739	ATTACHD	4
20 AQUINAS ST	$ 649,900	$ 649,900	4	2.1	1838	DETACHD	15
14425 HOLLY SPRINGS RD	$ 770,000	$ 696,500	5	3	2238	CONDO	108
18867 Arrowwood AVE	$ 659,900	$ 760,000	3	2	1488	DETACHD	6
4848 LOWER DR	$ 822,000	$ 766,000	4	3	2531	DETACHD	27
2515 GREENTREE RD	$ 735,000	$ 777,000	4	2	2300	DETACHD	3
18820 GREEN BLUFF DR	$ 1,599,000	$ 1,400,000	4	4.1	5643	DETACHD	6
2420 PRESTWICK RD	$ 2,500,000	$ 1,420,000	6	3.1	3723	DETACHD	73
16206 REESE RD	$ 1,895,000	$ 1,895,000	4	3.1	3631	DETACHD	1

October 21, 2021October 21, 2021

Oswego Lake

In the heart of Lake Oswego is Oswego Lake. I decided that today I’d focus on the homes that are actually on the lake. I’m going to share with you a bit of what I have learned over the years.

When I got my real estate license in 1987, one of my very first clients was my former boss, and he bought a home on the lake. Over the years I’ve had the pleasure of working with both buyers and sellers who were involved with properties on Oswego Lake. I’ve learned a bit about the types of housing and the various waterfront options.

There are actually 3 different waterfront options. There is the lake itself. Oswego Lake is a natural body of water that was enlarged by development. The most valuable homes are on the lake itself. Then there are 2 “bays”. The bays are extensions of the lake, but not on the lake itself. There is one at the East end of the lake, Lakewood Bay, and one at the West end of the lake, Westbay. The bays have slightly less value than the main lake, but not by much. Then there are the canals. One of the canals is natural and it is where the water comes into the lake from the Tualatin River. There are two more canals, one at Kelok and one at Blue Heron. The canals are the least expensive of the waterfront homes.

I will also mention that on the main lake, the Northside tends to have higher values than the Southside. This is because the sun exposure is better on the Northside, and the sunlight directly benefits the waterfront exposure. There are a couple of streets on the Southside that pretty much don’t get sun exposure at all.

In the last 12 months 47 lake front properties have sold. The least expensive was in the condominiums “Villas on the Lake”. It was 1 bedroom, 1 bath, and 636 square feet. It sold for $215,000. These condominiums share a community dock and several of them have boat slips. The most expensive home that sold on the lake was a 6675 square foot home with 4 bedrooms and 5.5 bathrooms. With a gated entry and 100 feet of lake front, it sold for $6,175,000.

I think that the condominiums are a bit on an annomoly because most of the lake front properties are just so much more expensive. The average sales price is $2,388,000.

I hope you’ve enjoyed this over view. Please let Linda or I know if you have any questions or are interested in learning more.

Dianne

October 20, 2021October 20, 2021

Market Activity Oct 11-17, 2021

We are now at the peak of the fall colors. Man, it is gorgeous! I so love living in the Pacific Northwest.

Lake week in Lake Oswego the market brought us 9 new listings, 23 pending sales, and 17 sold/closed properties. Look at the market times for the pending sales. Of 23 pending sales, 15 sold in less than a week. We are still in a hot real estate market. Sellers are king and it remains a great time to sell your house.

See below for RMLS data

New on the Market Oct 11-17, 2021

Address	Type	Price	BR	Baths	Sq Ft
4 Touchstone #78	Condo	$224,999	3	2	1351
358 Cervantes Circle	Condo	$234,900	2	1.5	912
4610 Lower Dr	Condo	$325,000	2	1.5	1260
4301 Lakeview Blvd	Detached	$635,000	3	2	1223
6317 Carman Dr	Detached	$650,000	3	1.5	1344
15450 Partridge Dr	Detached	$800,000	3	2.5	2624
13280 Sandalwood Ct	Detached	$1,050,000	4	3	3080
1844 Oak Knoll Ct	Detached	$1,200,000	3	2.5	3028
4305 Upper Dr	Detached	$1,525,000	4	2.5	3483

Pending Sales Oct 11-17, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone #137	Condo	$208,500	2	2	984	4
47 Eagle Crest DR #86	Condo	$209,000	1	1	696	16
350 Cervantes Circle 1 E	Condo	$259,900	2	1.5	912	10
86 Kingsgate Rd A 101	Condo	$265,000	2	2	849	7
3433 McNary Pkwy #804	Condo	$329,000	2	2.5	1136	3
15330 Twin Fir Rd	Detached	$477,000	3	2	1129	3
29 Greenridge Ct	Condo	$575,000	3	2	1627	1
7 Saint Helens Circle	Detached	$599,000	2	2	1275	2
5944 Burma Rd	Detached	$629,000	3	2	1409	4
5480 Siletz Ct	Detached	$749,900	3	2	1490	2
15449 Partridge Dr	Detached	$824,900	4	2.5	2817	2
18 Touchstone	Detached	$998,600	5	4.5	4378	3
3000 Upper Dr	Detached	$1,000,000	3	3	2851	4
16645 Fir Ln	Detached	$1,100,000	4	2.5	3066	6
1293 Timberline Dr	Detached	$1,249,000	3	3	2946	25
3973 Childs Rd	Detached	$1,250,000	3	3.5	3861	2
14322 Edenberry Dr	Detached	$1,295,000	4	2.5	3262	31
860 Skyland Dr	Detached	$1,299,000	4	3	3527	4
2630 Rivendell Rd	Detached	$1,399,000	4	3.5	4612	10
1839 Palisades Lake Ct	Detached	$1,499,000	4	3.5	4570	2
456 Lake Bay Ct	Detached	$1,499,000	4	3,5	4570	2
792 2nd St	Detached	$1,650,000	4	3	2786	8
1051 Forest Meadows Way	Detached	$4,149,000	6	6.5	5597	63

Sold/Closed Oct 11-17, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
100 Kerr Pkwy #11	Condo	$169,000	$169,000	617	2
79 Oswego Summit	Condo	$239,000	$239,000	1,212	2
16351 Pacific Hwy	Detached	$485,000	$524,000	1742	2
6195 Harrington Ave	Detached	$525,000	$539,202	1598	3
825 Oak St	Detached	$595,000	$640,000	1335	4
26 Preakness Ct	Attached	$663,000	$646,263	1654	13
1682 Fircrest Dr	Detached	$699,900	$699,900	2304	4
4954 Mulholland Dr	Attached	$719,900	$705,000	2498	4
4085 Buck Brush Ln	Detached	$729,000	$729,000	2489	7
20 Da Vinci St	Detached	$799,900	$920,000	3089	1
658 Boca Ratan Dr	Detached	$967,000	$925,000	3,593	12
2936 SW Orchard Hill Pl	Detached	$998,000	$979,000	4089	61
5590 Luce Ln	Detached	$995,000	$1,010	3530	242
546 Weidman Ct	Detached	$990,000	$1,025,000	3445	5
15776 Inverurie Rd	Detached	$1,095,000	$1,175,000	2352	74
5349 Carman Grove Ln	Detached	$1,298,000	$1,250,000	2903	22
2351 Palisades Crest Dr	Detached	$1,500,000	$1,800,000	4530	6

October 16, 2021September 11, 2022

News & Notes ~ Sept 2021 Numbers

Overview/Fluctuations ~ Market Data Sept 2021:

Again this last month we’re seeing a cooling indicative of Fall, with Buyer Activity slowed a bit and/but conversely, Seller activity (Listings) increasing. It’ll be interesting to see October’s activity as Fall is one of the best times to buy a property in Portland, especially given the competitive landscape this year. We’ll find out if Buyers come out for the opportunity it presents. Market time remains pretty much the same at 24 days. We also see another slight increase in inventory looking pretty steady during these last few months. Appreciation remains remarkable.

Rates: “With increased inflation pressures, rates have moved higher to roughly 3.25% currently. We are likely to continue to see rates moving higher in the coming months.” Gary Boyer, Regional VP, Directors Mortgage

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

There were 3,760 New Listings in Sept 2021 up 15.2% from Sept 2020’s 3,264 and also up 1.7% from the previous month/August’s 3,698.
At 3,167, Sept 2021’s Closed Sales are down 2.6% from Sept 2020’s 3,251, and also down 1.6% from the previous month/August’s total of 3,219
At 3,170, Sept 2021’s Pending Sales increased 0.6% from Sept 2020’s 3,152, and decreased 10.3% from the previous month/August’s total of 3,535.
The Average Sale Price in Sept 2021 of $571,500 is up $61,500 from last year/Sept 2020’s $510,000, and down $12,100. from the previous month/August’s $583,600.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Sept 2021 of $510,000 rose $59,000 from last year/Sept 2020’s $451,000, and was down $15,000 from the previous month/August’s $525,000.

LAKE OSWEGO:

154 Active Listings (Aug 161)
178 New Listings (Aug 168)
170 Pending Sales (Aug 163)
168 Closed Sales (Aug 171)
Average Sale Price for Sept: $975,700 (Aug $878,600)
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.
27 Days on the Market (Aug 23)

October 13, 2021September 11, 2022

Market Activity ~ Oct 4-10, 2021

This last week in Lake Oswego there were 9 New homes entering the market, 24 moving to Pending status (accepted Offers), and 19 that Closed/Sold.

Right now there are 81 fantastic properties to suit all kinds of tastes, price ranges & requirements available in Lake Oswego!

Here is the latest breakdown according to RMLS:

NEW: Oct 4-10, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
4 TOUCHSTONE #137	$208,500	2	2	984	CONDO
86 KINGSGATE RD, A101	$265,000	2	2	849	CONDO
17555 ERIN CT	$969,000	4	3	3156	DETACHD
16645 FIR LN	$1,100,000	4	2.1	3066	DETACHD
2630 RIVENDELL RD	$1,399,000	4	3.1	4612	DETACHD
611 RIDGEWAY RD	$1,995,000	4	5.1	4463	DETACHD
4480 UPPER DR	$2,000,000	4	3.1	3497	DETACHD
767 10TH ST	$2,100,000	4	4.1	3900	DETACHD
16767 GRAEF CIR	$2,950,000	4	4.1	4222	DETACHD

PENDING Oct 4-10, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
100 KERR PKWY #38	$185,000	1	1	628	CONDO	22
29 CRESTFIELD CT / Grnd	$239,900	2	2	989	CONDO	357
15938 QUARRY RD, 3A	$259,900	2	1	988	CONDO	4
5225 JEAN RD #203	$359,900	3	2	1400	CONDO	117
4101 JEFFERSON PKWY / Upper	$369,500	2	2.1	1375	CONDO	11
3101 MCNARY PKWY #6	$395,000	3	2.1	1884	ATTACHD	25
14 WHEATHERSTONE #7	$449,900	3	2.1	1692	CONDO	2
750 1ST ST, A10	$465,000	2	2	1350	CONDO	117
5077 W SUNSET DR	$500,000	2	2.1	1720	ATTACHD	4
1386 BOCA RATAN DR	$524,900	3	2.1	1739	ATTACHD	4
12572 BOONES FERRY RD	$525,000	4	2	1577	DETACHD	138
6 ADAMS CT	$539,900	3	2	1571	DETACHD	2
2515 GREENTREE RD	$735,000	4	2	2300	DETACHD	3
1704 MEADOWS DR	$750,000	3	3	1956	DETACHD	4
1631 ASH ST	$750,000	4	2.1	2227	DETACHD	3
4705 LAKEVIEW BLVD	$875,000	3	2.1	2700	DETACHD	9
14867 TWIN FIR CT	$899,000	6	3.1	3625	DETACHD	5
603 ATWATER RD	$899,900	5	3.1	3430	DETACHD	73
2915 DELLWOOD DR	$899,900	4	2.2	3690	DETACHD	8
5598 LUCE LN	$979,000	4	3	3432	DETACHD	40
6413 MCDUFF CT	$1,050,000	3	2.1	3091	DETACHD	37
18365 SW 65TH AVE	$1,290,000	5	4	3331	DETACHD	22
1776 OAK ST	$1,290,000	4	3.1	4012	DETACHD	89
3411 LAKE GROVE AVE	$1,599,000	4	3.1	4434	DETACHD	47

SOLD Oct 4-10, 2021

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
100 KERR PKWY #31	$ 185,000	$ 185,000	1	1	617	CONDO	5
200 BURNHAM RD #402	$ 355,000	$ 360,000	2	2	1305	CONDO	10
5101 JEAN RD	$ 475,000	$ 459,938	3	1	1012	DETACHD	5
16417 LAKE FOREST BLVD	$ 540,000	$ 540,000	2	1	1066	DETACHD	12
17830 SW TUALATA AVE	$ 595,000	$ 587,000	3	2	1373	DETACHD	30
17902 TAMARA AVE	$ 569,900	$ 605,000	4	2	2082	DETACHD	59
8 BOLIVAR ST	$ 640,000	$ 640,000	2	2	2149	DETACHD	3
16624 ROOSEVELT AVE	$ 699,900	$ 661,000	3	2	2802	DETACHD	15
14 PREAKNESS CT	$ 669,000	$ 680,000	2	2.1	2190	ATTACHD	6
5911 SW CARMAN DR	$ 695,800	$ 700,000	3	2	1400	DETACHD	10
1880 FERNWOOD DR	$ 875,000	$ 875,000	5	3.1	3049	DETACHD	65
16033 REESE RD	$ 849,900	$ 951,000	4	2.1	2810	DETACHD	5
920 YORK RD	$ 985,000	$ 1,043,925	4	3	2026	DETACHD	2
1161 SUNNINGDALE RD	$ 950,000	$ 1,060,000	3	2.1	2378	DETACHD	3
1687 VILLAGE PARK LN	$ 1,500,000	$ 1,350,000	4	3	3362	DETACHD	74
127 FURNACE ST / Upper	$ 1,375,000	$ 1,375,000	2	2.1	2016	CONDO	0
14500 UPLANDS DR	$ 2,495,000	$ 2,225,000	5	4.2	5544	DETACHD	74
1075 CHANDLER RD	$ 2,799,000	$ 2,700,000	5	4.1	5710	DETACHD	113
259 PINE VALLEY RD	$ 4,000,000	$ 4,000,000	4	4.1	4640	DETACHD	0