Tag: Whitney Gregoire Realtor

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Tips & Tidbits

  • Timelines- You’ve heard that phrase “Time is of the essence”, right? Well most people do not know that it is an actual legal term which basically means that the most important elements of any contract are the dates & timelines set forth within it. So, make sure you discuss with your Agent all the timelines that are spelled out, and make a priority of planning ahead to stay within set time periods and meet deadlines. In a real estate contract, your Earnest Money may be on the line if you do not.  Two examples
    • If you decide you do not want the property anymore because its just not in good enough shape for you, and your Inspection Period has ended, you may still back out, and/but will likely lose your Earnest Money.
    • If your Lender doesn’t get the paperwork in on time because of a delay in Underwriting, and that is going to cause you to miss your Closing Date, you may lose your Earnest Money if the Seller had a better Offer waiting in the wings, or for whatever other reason just doesn’t feel like extending your Closing Date.  SO, when the Lender asks you for paperwork and you delay in getting it to them for the Underwriter to review, or when you fail to sign Disclosures and return promptly, and/or the Appraisal does not get ordered in a timely manner, you are putting your Closing Date and your Earnest Money in jeopardy. (***Note- This is a very good reason to make sure that you pick an excellent Lender as well. It doesn’t matter if its the Lender who drops the ball or if you didn’t get paperwork to them in time…. if you miss the Closing Date, you miss the Closing Date as far as the contract is concerned.)
  • Personal Property- Sellers must remove all personal property from the home prior to the Closing Date.  The question of what that means comes up sometimes, and specifically with regard to things the Seller thinks that the Buyer would want. Things in the garage are often questionable in the Seller’s mind, and it is true that a Seller will often leave a few cans of paint for touch-ups and so that the Buyer can see what the paint colors are for re-ordering if they like.  ***Not all Buyers will want the paint left, or the drawers of nails, or the chemicals for the yard, or the tools. If there is any question at all, just remove everything. If there are items you’d like to leave and wonder whether the Buyer might like them, ask your Agent to deliver a list to the Buyer’s Agent and find out from the Buyer!
  • Appraisals- The Appraisal is paid for by the Buyer and is actually the Lender’s.  The Lender requires it to make sure that they are loaning an amount that is based on an arms-length transaction between reasonable parties that are operating in the realm of planet earth in their thinking. The Seller does NOT get to see the Appraisal in most all cases. Usually the Seller does not even get to know what the final Appraised Value was. As Listing Agent, I will often receive a call saying that the Appraisal “came in at value”.  This means that it did not come in “under value” and no further negotiation is required.  You can ask, and sometimes you will receive an answer, and/but know that it is often not divulged. As the Seller, the best course of action is to ***thoroughly*** review all comparable information on similar homes sold nearby and recently with your Agent prior to Listing. Set the price based on that data, and based on what you are comfortable with, and then let the adventure begin. A home is worth what two reasonable parties agree to sell/buy it for. Even Appraisals (should you have one done prior to Listing) do not dictate what someone would be willing to pay for your home. Having one done yourself prior to Listing also has nothing to do with the Appraisal the bank will order and have done by an entirely different Appraiser. The two will not necessarily match. I know of one home recently that was Appraised prior to Listing  (and subsequently priced at) $50,000 higher than what it sold for….after it sat on the market for a long time and, I’m sure, tortured the Sellers as they waited.  Look at all the data. Take time to think and discuss with your Agent, and become comfortable with your Listing Price. Then, let go!
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Market Activity ~ July 31 – Aug 6, 2017

Last week saw 22 New properties enter the market in Lake Oswego, 20 move to Pending status, and 18 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (July 31- Aug 6, 2017)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #51 $149,899 1 1 617 CONDO
33 OSWEGO SMT $189,000 1 0.1 764 CONDO
1675 HALLINAN ST $549,900 3 2.1 2450 DETACHD
720 BRIERCLIFF LN $559,900 3 3 2152 DETACHD
5110 ROSEWOOD ST $624,900 3 2.1 2464 DETACHD
18410 DEERBRUSH AVE $659,000 4 2.1 2246 DETACHD
43 BECKET ST $700,000 4 3.1 3689 DETACHD
18000 WESTMINSTER DR $725,000 4 2.1 2679 DETACHD
4948 HAMPTON CT $867,000 2 3.1 3434 DETACHD
1755 KILKENNY RD $874,900 4 3 3164 DETACHD
2715 GLEN EAGLES RD $950,000 4 2 2500 DETACHD
2025 WEMBLEY PARK RD $999,999 3 2.1 2700 DETACHD
5702 MEADOWCREEK CT $1,059,000 4 3.1 3146 DETACHD
13597 ROGERS RD $1,199,000 4 4 3945 DETACHD
3867 SOUTHSHORE BLVD $1,299,995 5 4 3622 DETACHD
610 9TH ST $1,349,000 4 3.1 4021 DETACHD
2230 WEMBLEY PARK RD $1,595,000 5 4.1 4597 DETACHD
17775 KELOK RD $1,669,000 4 2.1 2882 DETACHD
939 LAKE FRONT RD $1,999,000 5 4 4106 DETACHD
18475 CRESTLINE DR $2,180,000 4 4.1 4740 DETACHD
17502 BLUE HERON DR $2,395,000 5 3.1 4996 DETACHD
1495 OAK TER $2,795,000 4 4 3983 DETACHD

PENDING SALES (July 31- Aug 6, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #8 $180,000 2 1 932 CONDO 17
4 TOUCHSTONE #125 $199,000 2 2 1000 CONDO 4
2 OSWEGO SMT $199,500 1 1 869 CONDO 7
226 RIDGEWAY RD #226 $265,000 1 1 756 CONDO 37
1232 CORNELL ST $349,950 3 1 1536 DETACHD 63
1198 BOCA RATAN DR $375,000 2 2.1 1729 ATTACHD 40
17710 HILL WAY $429,900 3 2 1637 DETACHD 16
14338 ORCHARD SPRINGS RD $525,000 5 3 2238 DETACHD 4
1580 WOODLAND TER $599,900 3 2.1 2430 DETACHD 25
35 Westridge DR $599,950 5 3 3308 DETACHD
75 TANGLEWOOD DR $629,900 4 3.1 4914 DETACHD 7
11 DEL PRADO ST $639,000 4 2.1 2893 DETACHD 24
17125 FERNWOOD DR $674,900 4 3 2688 DETACHD 40
1611 HIGHLAND DR $685,000 4 2.1 2652 DETACHD 16
662 7TH ST $750,000 3 2 1461 DETACHD 11
14370 PFEIFER DR $810,000 4 2.1 3318 DETACHD 19
4991 CASCARA LN $825,000 4 3.1 3648 DETACHD 74
17376 BERGIS FARM DR $1,069,000 4 3.1 4396 DETACHD 315
4256 LAKEVIEW BLVD $1,749,000 5 3.1 3117 DETACHD 16
14733 Uplands DR $2,150,000 6 5.3 7694 DETACHD 389

SOLD (July 31- Aug 6, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
48 EAGLE CREST DR #1E $229,900 $226,000 2 2 1370 CONDO 6
1819 BOCA RATAN DR $335,000 $335,000 3 2 1405 ATTACHD 18
327 LAUREL ST $450,000 $450,000 2 2 2520 DETACHD 0
13296 VERMEER DR $459,999 $460,000 3 2.1 1860 DETACHD 3
16444 ASTOR AVE $479,900 $499,000 3 2 1746 DETACHD 4
1311 PINE ST $550,000 $550,000 3 3 2150 DETACHD 16
539 2ND ST/Ground $559,000 $559,000 2 2 1240 CONDO 0
6 MONTICELLO DR $675,000 $627,500 3 3 3020 DETACHD 21
762 MAPLE ST $715,000 $715,000 3 2.1 2340 DETACHD 11
22 INDEPENDENCE AVE $750,000 $740,000 5 4 4138 DETACHD 93
5332 LOWER DR $795,000 $790,000 4 2.1 2600 DETACHD 84
16872 QUAIL CT $849,900 $790,300 3 3.1 3173 DETACHD 399
5088 WOODCREST LN $814,500 $813,500 4 2.1 3183 DETACHD 4
4350 ALBERT CIR $875,000 $875,000 5 3.1 3175 DETACHD 9
5347 DENTON DR $948,000 $950,000 4 2.1 3240 DETACHD 23
4 DOVER WAY $1,000,000 $970,000 5 2.1 3962 DETACHD 36
199 FURNACE ST/Upper $1,995,000 $1,935,000 3 3.1 5772 CONDO 51
951 ATWATER RD $3,100,000 $3,100,000 6 5.1 10072 DETACHD 108

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 Report for July 24 – 30, 2017

Hello everyone!
What is going on with this heat!? I don’t have AC, so I’ve had to keep my windows closed during the day and open them at night. It has been crazy. I hope everybody is keeping cool! Please make sure to drink lots of water, to not leave kids or dogs in cars, and hit up some of the great swimming places (hopefully those that are out of the smog distance from the fires up in British Columbia).

New on the Market (July 24 – 30, 2017)

Address Type Price Bedrooms Bathrooms Sqft
12 CRESTFIELD CT CONDO 168,000 1 1 552
76 CERVANTES CIR CONDO 189,000 2 1.5 912
405 BOCA RATANH DR DETACHED 544,900 3 2.5 2040
100 LEONARD ST 4-2 CONDO 545,000 3 2.5 2537
12451 SW ORCHARD HILL RD DETACHED 549,500 3 2 1680
1031 OXFORD DR DETACHED 559,500 3 2.5 2384
1575 IVY CT DETACHED 599,000 4 3 2420
14371 SHERBROOK PL DETACHED 619,000 3 2.5 2550
889 EVERGREEN RD DETACHED 799,900 3 2 1935
16853 SCOTT CT DETACHED 829,000 5 4 3917
504 10TH ST DETACHED 849,000 3 2 2277
10 MORNINGVVIEW LN DETACHED 899,900 4 3.5 3848
1643 VILLAGE PARK LN DETACHED 1,095,000 4 3.5 4505
937 CEDAR ST DETACHED 1,350,000 4 3.5 3938
14711 UPLANDS DR DETACHED 1,375,000 4 4.5 3504
4250 LORDS LN DETACHED 1,375,000 4 3.5 3516
2510 WEMBLEY PARK RD DETACHED 1,750,000 4 3.5 4729
13571 GOODALL RD DETACHED 1,899,999 4 4.1 5725
260 IRON MOUNTAIN BLVD DETACHED 2,498,000 4 4.2 6048
3458 LAKEVIEW BLVE DETACHED 2,795,000 4 4.1 4647

Pending Sales (July 24 – 30, 2017)

Address Type Price Bedroom Bathrooms DOM
88 WHEATHERSTONE CONDO 379,900 3 2.5 13
18552 EDGEWOOD CT DETACHED 410,000 3 1.5 5
4 PEACOCK PL DETACHED 429,900 3 2.5 65
18305 FERNBROOK CT DETACHED 459,900 3 2 37
4923 FIRBWOOD RD DETACHED 494,900 3 2 42
17839 TAMARA AVE DETACHED 525,000 3 1.5 21
802 CLARA CT DETACHED 589,900 4 3 47
3707 OLSON CT DETACHED 599,000 4 3 88
16998 SUMMER PL DETACHED 609,900 4 2.5 59
36 MORNINGVIEW CIR DETACHED 634,900 4 3.5 218
5622 CARMAN DR DETACHED 639,900 4 2 160
17064 REBECCA LN DETACHED 699,900 4 2.5 14
15644 FIELDSTONE DR DETACHED 769,900 3 2.5 3
810 9TH ST DETACHED 770,000 3 2 92
4189 Chad DR DETACHED 899,000 5 3.5 35
18108 PILKINGTON RD DETACHED 968,000 3 3.5 82
19235 MEGAN PL DETACHED 995,000 4 2.1 3
928 CEDAR ST DETACHED 1,098,000 4 3.5 162
4190 CHAPMAN WAY DETACHED 1,175,000 4 3.5 69
1809 HEADLEE LN DETACHED 1,195,000 3 3.5 21
12901 GOODALL RD DETACHED 1,995,000 4 4.5 414
12812 GOODALL RD DETACHED 1,995,000 5 4.5 56
2180 PRESTWICK RD DETACHED 3,100,000 3 4.5 137

Sold/Closed (July 24 – 30, 2017)

Address Type List Price Close Price Sqft DOM
668 MCVEY AVE CONDO 225,000 188,748 496 381
6480 WASHINGTON CT DETACHED 250,000 230,000 35
210 RIDGEWAY RD CONDO 249,900 235,000 778 6
16681 LAKE FOREST BLVD DETACHED 375,000 365,000 936 37
14424 DORIS AVE DETACHED 589,000 511,149 1700 31
76 TANGLEWOOD DR DETACHED 539,500 539,500 2801 14
1988 MAPLELEAF RD DETACHED 575,000 550,000 1522 0
5758 CHARLES CIR DETACHED 700,000 715,000 2371 3
21 WESTRIDGE DR DETACHED 719,900 729,900 3202 13
4850 LOWER DR DETACHED 774,900 764,900 2700 11
3887 TAMARACK LN DETACHED 834,900 827,500 3316 3
2325 PARK RD DETACHED 875,000 875,000 2405 4
2050 CHILDS RD DETACHED 1,000,000 918,750 4814 18
1120 HOODVIEW LN DETACHED 1,089,000 1,025,500 3909 110
16001 PARELIUS CIR DETACHED 1,225,000 1,190,000 4309 13
16 DOVER WAY DETACHED 1,395,000 1,395,000 8147 4

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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Local Grocery Stores

A really common question I get when I work with buyers is “Where would I be able to buy groceries?” I am happy to say that if you buy a home in Lake Oswego you will have an abundance of choices.

Trader Joe'sSeriously, within the city limits of Lake Oswego there are 2 Safeways, an Albertsons, a Whole Foods 365 Market, a New Seasons, a Trader Joe’s, and a Zupan’s. And if you are willing to go about 2 miles outside of town there is a Fred Meyer’s, a Whole Foods, a Winco, and a Costco. Then if fresh and local produce is your desire, there is the Farmer’s Market that runs from May to October, and Parson’s produce stand that is nearly all year around.

Zupan’s
We are so fortunate to have so many choices. I think back to what was available when I was growing up and it really seems so limited. Today you can find ingredients to eat completely organic, vegan, nearly every style of cooking, and from nearly every country in the world, all in our local markets.

Zupan’s Poke Bar
What prompted me to write this post is that I have discovered the Poke bar at Zupan’s. I was introduced to Poke while in Hawaii about 10 years ago. I am huge fan of sushi but not necessarily of all of that white rice. Poke is raw cubed fish, usually tuna, that is the tossed with a dressing. There are lots of different versions some of which are hot and spicy, savory, creamy, just generally yummy. The Poke bar at Zupan’s is self serve next to the salad bar. They have about 6 flavors. It is just delicious.

As for sushi, I can find 4 different sushi restaurants within a mile of my house. Yes! I do love living here!
Dianne

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Market Activity July 17-23, 2017

I read an article this past week that listed all 50 states according where the best place was to spend your summer. #4 was Oregon. It is pretty perfect. 80 degrees with a light breeze. I am just so enjoying it!

Last week in Lake Oswego there were 21 new listings, 23 properties that accepted offers and went pending, and 16 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (July 17-23, 2017)

Address Type Price BR Baths Sq Ft
47 Eagle Crest Dr #55 Condo $150,000 1 1 672
47 Eagle Crest Dr #17 Condo $185,000 2 1 932
458 S State St 2C Condo $235,000 2 1 800
13991 Majestic Ct Detached $399,900 3 2.5 1765
18552 Edgewood Ct Detached $410,000 3 1.5 1070
17710 Hill Way Detached $429,900 3 2 1637
5495 Tree St Detached $459,900 3 1.5 1388
18023 Tualata Ave Detached $463,750 3 1 1640
4 Bernini Ct Detached $659,900 4 3 3028
1611 Highland Dr Detached $685,000 4 2.5 2652
4336 Glacier Lily St Detached $699,990 4 2.5 $3,381
7050 Childs Rd Detached $749,000 3 2 2108
662 7th St Detached $750,000 3 2 1461
1885 Crest Dr Detached $768,000 4 2 2120
13644 Melrose Pl Detached $869,000 3 2.5 3564
15956 Parker Rd Detached $876,000 4 2.5 3200
14405 Pfeifer Dr Detached $969,900 5 3 3853
14045 Chelsea Dr Detached $1,169,000 4 4 4100
16193 Matthew Ct Detached $1,245,000 4 3.5+.5 3881
13912 Goodall Rd Detached $1,799,000 4 3.5+.5 4658
612 Ridgeway Rd Detached $2,895,000 4 4.5 4106

Pending Sales (July 17-23, 2017)

Address Type Price BR Baths Sq Ft CDOM
35 Crestfield Ct Condo $174,900 2 1 923 5
6480 Washington Ct Detached $250,000 1 1 35
10 Greenridge Ct Attached $325,000 3 1.5 2063 57
4430 Golden Ln Condo $449,000 3 3.5 2165 8
1220 Pine St Detached $467,500 4 2 2123 20
16444 Astor Ave Detached $479,900 3 2 1746 4
316 4th St Attached $585,000 2 2.5 1731 23
16580 Maple Circle Detached $585,000 4 1.5 2253 9
4 Icarus Loop Detached $585,000 4 2.5 2743 40
1580 Woodland Ter Detached $599,900 3 2.5 2430 9
2665 Glen Eagles Rd Detached $625,000 4 3 2640 25
4927 Hastings Dr Detached $699,900 4 2.5 2418 4
1161 Sunningdale Rd Detached $699,900 3 2.5 2324 20
139 Del Prado St Detached $749,000 3 2 2955 4
4707 Hastings Pl Detached $754,900 5 3.5 3025 51
350 6th St Detached $755,000 4 3 2329 76
14370 Pfeifer Dr Detached $810,000 4 2.5 3318 2
2886 Upper Dr Detached $828,900 4 3 2498 60
19177 Hill Top Rd Detached $1,099,000 5 3.5 4692 63
3519 Lake Grove Ave Detached $1,149,000 4 2.5 3119 47
18171 Bryant Rd Detached $1,198,000 3 2.5 2984 9
735 7th St Detached $1,225,000 3 3.5 3073 6
2383 Palisades Crest Dr Detached $1,320,000 5 3.5 4099 119

Sold/Closed (July 17-23, 2017)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd F202 Condo $169,000 $146,930 849 92
163 Oswego Summit Condo $254,900 $249,000 1,506 13
5056 Foothills Dr Condo $334,900 $324,900 1,252 7
16200 Pacific Hwy #15 Condo $329,900 $360,000 1190 13
117 3rd St #117 Condo $448,900 $460,000 1056 7
668 McVey Ave #31 Condo $484,900 $479,500 992 7
1041 Oxford Dr Detached $535,000 $525,000 2696 2
496 10th St Detached $850,000 $750,000 1854 27
1454 Glenmorrie Dr Detached $829,900 $768,500 3372 59
637 3rd St Attached $799,000 $775,500 2643 114
17364 Bryant Detached $819,000 $839,000 3043 3
570 Middlecrest Rd Detached $815,000 $850,000 2213 3
2375 Fernwood Circle Detached $899,900 $899,900 4183 23
14113 Amberwood Circle Detached $1,039,000 $991,000 3512 15
13571 Westlake Dr Detached $1,500,000 $1,330,000 4078 70
16793 Graef Circle Detached $2,250,000 $2,170,000 4680 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 2017 Data

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

  • According to the RMLS Market Action Report for the Portland Metro Area, June, 2017:
    • There were 4,739 New Listings in June 2017 which was up 5.3% from June of 2016’s 4,501, and up 8% from May of 2017’s total of 4,388.
    • At 3,187, June Closed Sales were up .9% from June 2016’s 3,158, and also up 10% over the previous month/May 2017’s total of  2,896.
    • June Pending Sales (accepted offers), at 3,254 fell 4% from June of 2016’s 3,390, and 5.3% from the previous month/May 2017’s total of 3,435.
    • The Average Sale Price in June of $440,600 was up $28,600 from June 2016’s $412,000, and showed hardly any change from May 2017’s $440,200.                      
                            June Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $406,400                           8.4%
  • NE Portland:  $462,900                               10.2%
  • SE Portland:  $413,200                               10.2%
  • Gresham/Troutdale:   $342,900                 11.6%
  • Milwaukie/Clackamas:   $440,800             11.1%
  • Oregon City/Canby:   $402,000                   8.0%
  • Lake Oswego/West Linn:    $627,600          6.9%
  • West Portland:    $602,900                         12.1%
  • NW Washington County:    $514,200          11.0%
  • Beaverton/Aloha:     $373,800                   10.4%
  • Tigard/Wilsonville:    443,500                     5.7%
  • Hillsboro/Forest Grove:    $337,700          12.1%

The combined areas of Lake Oswego and West Linn  for the month of June 2017 reported:

    •  453 Active Listings   
    •  300 New Listings     
    •  176 Pending Sales   
    •  186 Closed Sales  
    • Average Sale Price for June: $627,600  
      • 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.
    • Average Time on the Market: 71 Days   

 
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Market Activity ~ July 10-16, 2017

Last week saw 34 New properties enter the market in Lake Oswego, 24 move to Pending status, and 24 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (July 10-16, 2017)

Address List Price # Beds # Baths Total SF Prop Type
35 CRESTFIELD CT/Grnd $174,900 2 1 923 CONDO
47 EAGLE CREST DR/ #8 $189,000 2 1 932 CONDO
45 EAGLE CREST DR/ #415 $203,500 2 2 1056 CONDO
44 EAGLE CREST DR/ #16 $229,900 3 2 1085 CONDO
58 OSWEGO SMT/Main $238,500 2 2 1212 CONDO
4077 JEFFERSON PKWY $339,000 2 2.1 1462 ATTACHD
88 WHEATHERSTONE/Grnd $379,900 3 2.1 1692 CONDO
4430 GOLDEN LN $449,000 3 3.1 2165 CONDO
4971 SW LAKEVIEW BLVD $475,000 3 2 1433 DETACHD
16580 MAPLE CIR $585,000 4 1.1 2253 DETACHD
1580 WOODLAND TER $599,900 3 2.1 2430 DETACHD
2612 SW ORCHARD HILL LN $599,900 3 2 2576 DETACHD
3554 TEMPEST DR $625,000 3 2.1 2279 DETACHD
2 CREEKSIDE TER $634,900 4 2.1 2906 DETACHD
11 DEL PRADO ST $639,000 4 2.1 2893 DETACHD
4867 SAGE HEN WAY $645,000 4 2.1 2523 DETACHD
1642 HIGHLAND DR $649,900 4 3 2234 DETACHD
17808 CARDINAL PL $650,000 3 2 1870 DETACHD
768 7TH ST $674,900 3 2 1625 DETACHD
4361 SOUTHSHORE BLVD $695,000 5 3 2406 DETACHD
17064 REBECCA LN $699,900 4 2.1 2813 DETACHD
8 BECKET ST $700,000 4 6.1 6257 DETACHD
1422 ASH ST $700,000 4 3 2997 DETACHD
945 CUMBERLAND RD $730,000 4 3.1 2726 DETACHD
5822 BAY POINT DR $750,000 5 3.1 3202 DETACHD
1193 TROON RD $799,000 3 2.1 2546 DETACHD
5975 NEWCASTLE DR $849,900 4 2.1 3339 DETACHD
808 TIMBERLINE DR $850,000 4 2.1 2748 DETACHD
1579 BAY VIEW LN $1,150,000 5 3 4685 DETACHD
735 7TH ST $1,225,000 3 3.1 3073 DETACHD
18171 BRYANT RD $1,247,000 3 2.1 2984 DETACHD
827 8TH ST $1,375,000 5 3.1 3852 DETACHD
4256 LAKEVIEW BLVD $1,749,000 5 3.1 3117 DETACHD
1115 LAKE FRONT RD $1,995,000 4 4 4245 DETACHD

PENDING SALES (July 10-16, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 CERVANTES CIR $199,900 2 1.1 912 CONDO 3
4 TOUCHSTONE DR/ #124 $210,000 3 2.1 1350 CONDO 4
112 OSWEGO SMT/ #112 $227,000 2 2 1212 CONDO 3
209 CERVANTES/Lower $229,000 2 1.1 1216 CONDO 3
668 MCVEY AVE/ #55 $289,900 1 1 636 CONDO 44
4348 DOUGLAS WAY $397,500 2 2 1414 DETACHD 30
17480 HILL WAY $430,000 3 2 1268 DETACHD 26
1610 LARCH ST $475,000 3 2.1 1708 DETACHD 2
16242 INVERURIE RD $475,000 3 2 1687 DETACHD 33
668 MCVEY AVE/ #31 $484,900 3 1.1 992 CONDO 11
15275 BOONES WAY $499,000 2 2 1320 ATTACHD 3
23 FALSTAFF ST $520,000 3 2 1434 DETACHD 63
17610 WESTVIEW DR $520,000 5 3 2868 DETACHD 39
306 8TH ST $550,000 2 1.1 2236 DETACHD 4
17 MASARYK ST $650,000 4 3 4140 DETACHD 61
1258 HIDE A WAY LN $775,000 6 3.1 4219 DETACHD 53
2612 RIVENDELL RD $885,000 4 3 3168 DETACHD 9
1699 VILLAGE PARK LN $899,000 3 2.2 3342 DETACHD 48
5347 DENTON DR $948,000 4 2.1 3240 DETACHD 23
4060 WESTBAY RD $1,099,950 4 3.1 2738 DETACHD 2
3555 LAKE GROVE AVE $1,170,000 4 2.1 3433 DETACHD 38
17620 BLUE HERON DR $1,225,000 4 3 2466 DETACHD 23
870 TERRACE DR $1,275,000 5 3.1 4652 DETACHD 127
1066 NORTHSHORE RD $3,895,000 4 5.1 4169 DETACHD 34

SOLD (July 10-16, 2017)

Address Open Price Closed Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY/ #20 $110,000 $114,500 1 1 617 CONDO 9
4 TOUCHSTONE/ #143 $220,000 $200,000 3 2.1 1351 CONDO 17
3990 CARMAN DR $244,900 $245,000 2 2.1 1098 CONDO 6
16200 PACIFIC HWY/ #9 $349,000 $370,000 2 2 1190 CONDO 3
16860 CORTEZ CT $379,900 $389,900 3 2 1056 DETACHD 3
30 BECKET ST $489,900 $492,500 3 2 2077 DETACHD 2
804 4TH ST $530,000 $550,000 3 1.1 1396 DETACHD 5
19026 INDIAN SPRINGS RD $570,000 $580,000 5 3 2971 DETACHD 4
5645 LA MESA CT $699,500 $665,000 4 3 2668 DETACHD 35
19531 RIVER RUN DR $700,000 $700,000 4 2.1 2440 DETACHD 0
19524 RIVER RUN DR $725,000 $720,000 4 2.1 2630 DETACHD 3
16 DEL PRADO ST $749,000 $735,000 4 2.1 2682 DETACHD 4
17532 OAK MEADOW LN $769,000 $769,000 5 3 3046 DETACHD 47
17517 OAK MEADOW LN $799,950 $840,000 4 2.1 2952 DETACHD 2
17549 OAK MEADOW LN $835,000 $850,000 4 3 3407 DETACHD 3
4081 PFEIFER CT $999,900 $940,000 5 3.1 4078 DETACHD 54
592 7TH ST $988,000 $943,000 2 3 2562 DETACHD 54
13599 MEADOWCREEK LN $1,059,000 $1,025,000 4 3.1 3170 DETACHD 216
1622 LESLIE LN $1,495,000 $1,425,000 5 3.2 5827 DETACHD 423
1251 FOREST MEADOWS WAY $1,575,000 $1,505,000 4 3.1 5071 DETACHD 11
1340 CHERRY LN $1,569,000 $1,569,000 4 4.2 5922 DETACHD 0
16645 GRAEF CIR $1,750,000 $1,750,000 4 4.1 3075 DETACHD 1
4423 West Bay RD $2,100,000 $2,025,000 4 3 2975 DETACHD 0
705 TERRACE DR $2,395,000 $2,200,000 4 3.1 3686 DETACHD 27

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 Report July 3rd – 9th, 2017

Hey everybody,
Hope everybody had a wonderful 4th of July, and a great summer! The nice weather has been so great. I’ve gotten the chance to explore some of the great swimming holes (three pools being my favorite so far!). Lake Oswego real estate has been hopping. We saw many houses go on the market and be sold within the first week. Weirdly enough one of the houses that is freshly listed is the one my high school crush and his family used to live in. Its so weird to see it on the market! Beautiful house up on Greentree Cir, I highly suggest taking a look!

29 new listings, 20 pending houses, 15 sold homes

Following is the breakdown for you according to RMLS:

New on the Market (July 3-July 9, 2017)

Address Type Price Bedrooms Bathrooms Sqft
201 OSWEGO SMT CONDO 249,900 2 1 1383
5225 SW JEAN RD #108 CONDO 269,000 3 2 1500
668 MCVEY AVE #55 CONDO 289,900 1 1 636
574 2ND ST ATTACHED 479,000 2 2 1394
562 2ND ST ATTACHED 482,000 2 2.5 1302
17007 WESTVIEW DR DETACHED 525,000 4 2 2649
1931 KILKENNY RD DETACHED 535,000 4 2.5 2411
2734 ORCHARD HILL LN DETACHED 598,900 4 2.5 2814
16758 GRAEF CIR DETACHED 615,000 3 1 1295
1437 GREENTREE CIR DETACHED 624,900 4 3 2400
1811 KILKENNY DR DETACHED 625,000 4 3 3794
4746 AMHERST CT ATTACHED 689,000 3 2.5 2985
16977 SW CHERRY CREST DR DETACHED 695,900 4 2.5 3002
16943 CHERRY CREST DR DETACHED 695,900 4 2.5 2912
12788 SIERRA VISTA DR DETACHED 750,000 4 3.5 2812
5904 BAY POINT DR DETACHED 799,500 5 2.5 3433
17585 TREETOP WAY DETACHED 849,000 4 3.5 2422
17572 SHEPHERDS CT DETACHED 887,500 5 3 3044
555 ATWATER RD DETACHED 925,000 5 3 4016
17697 BLUE HERON RD SW DETACHED 999,950 4 3.5 3889
4745 LAMONT WAY DETACHED 1,025,000 4 3.5 3192
4101 VIRGINIA WAY DETACHED 1,099,900 4 2.5 3231
741 B AVE DETACHED 1,120,000 3 2.5 2609
3519 LAKE GROVE AVE DETACHED 1,149,000 4 2.5 3119
828 8TH ST DETACHED 1,188,000 3 3.5 2839
1809 HEADLEE LN DETACHED 1,195,000 3 3.5 4586
18639 PILKINGTON RD DETACHED 1,400,000 4 4 4148
1968 CHERYL CT DETACHED 1,475,000 4 4.5 6153
12975 SW ELK ROCK RD DETACHED 1,495,000 5 3.5 4500

Pending Sales (July 3-July 9, 2017)

Address Type Price Bedroom Bathrooms DOM
86 KINGSGATE RD #F202 CONDO 169,000 2 2 92
226 RIDGEWAY RD #226 CONDO 259,900 1 1 5
1198 BOCA RATAN DR ATTCHED 375,000 2 2.5 16
17226 MARJORIE AVE DETACHED 499,000 3 2 26
17839 TAMARA AVE DETACHED 525,000 3 1.5 1
1041 OXFORD DR DETACHED 535,000 4 3.5 2
5862 LANGFORD LN DETACHED 540,000 2 2 9
9 DEL PRADO ST DETACHED 689,900 4 3 37
4019 ORCHARD DR DETACHED 759,900 3 2.5 3
13354 TWIN CREEK LN DETACHED 799,900 5 2.5 9
4350 ALBERT CIR DETACHED 875,000 5 3.5 9
2050 CHILDS RD DETACHED 925,500 4 4 18
14750 UPLANDS DR DETACHED 950,000 4 3 48
135052 KNAUS RD DETACHED 1,079,000 4 3 86
3926 EDENS EDGE DR DETACHED 1,150,000 6 3.5 77
3525 UPPER DR DETACHED 1,299,900 4 3.5 5
505 IRON MOUNTAIN BLVD DETACHED 1,395,000 5 4 200
13575 GOODALL RD DETACHED 1,495,000 4 5.5 32
13567 GOODALL RD DETACHED 1,569,000 4 3.5 18
961 ATWATER RD DETACHED 3,100,000 6 5.5 83

Sold/Closed (July 3-July 9, 2017)

Address Type List Price Close Price Sqft DOM
13206 VERMEER DR DETACHED 482,000 482,000 2095 60
16206 REESE RD DETACHED 520,000 520,000 1192 0
1991 WMBLEY PL DETACHED 625,000 540,000 3042 36
1677 GLENMORRIE DR DETACHED 537,500 540,000 1296 24
2235 FERNWOOD CIR DETACHED 495,000 620,000 2746 7
3355 UPPER DR DETACHED 699,000 650,000 3126 76
10 BUCKINGHAM TER DETACHED 674,900 675,000 3428 26
17323 LAKE HAVEN DR DETACHED 735,000 677,150 1864 53
2964 OVERLOOK DR DETACHED 700,000 700,000 3731 3
17739 OVERLOOK DIR DETACHED 800,000 800,000 3391 11
1273 WELLS ST DETACHED 824,742 824,742 4091 148
1443 COUNTRY COMMONS DETACHED 1,189,000 1,182,000 3385 4
404 FAIRMONT RD DETACHED 1,395,000 1,360,000 3948 287
4262 UPPER DR DETACHED 1,470,000 1,450,000 3982 0
18332 MEADOWLARKLN DETACHED 1,675,000 1,600,000 6043 288

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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LO Summer Concerts are Happening!


One of my very favorite events each summer is attending the free, outdoor summer concerts that the City of Lake Oswego offers in July and August. They are every Wednesday night. In July they go from 7-9 pm at Foothills Park. In August they move to Westlake Park and go from 6:30 to 8:30. They are free!

I like to show up at least half and hour or even an hour early, and I bring a picnic dinner. Getting there early increases the odds that you’ll get a seat a bit close to the stage. It’s a beautiful summer evening and the picnic dining is delightful. About the time the meal is finished the band gets going.

You don’t have to dance but it is honestly hard not to. The pit area up next to the stage quickly fills with adults and kids. As the sun sets it just gets better and better.

I have seen so many special moments. Older couples who are obviously in love, a disabled woman with her significant other who pulled her to her feet and then gently swayed with her. The kids and the kids-at-heart just boogieing down. It’s a great, very carefree, atmosphere.

Here is this year’s line up:

July 5th has come and gone, but it featured Ty Curtis playing rhythm and blues.

July 12th at Foothills Park will be Barracuda, a Heart tribute band.

July 19th at Foothills Park will be Jult, a Rock and Pop band featuring music of the 80’s and 90’s.

July 26th at Foothills Park will be Paul Creighton who plays the music of Steview Wonder.

August 2nd at Westlake Park will be My Happy Pill who plays Pop, Rock, and Soul

August 9th at Westlake Park will be Chris Baum who plays the music of Steely Dan.

August 16th at Westlake Park will be Cloverdayle, a group that plays Country Rock.

August 23rd at Westlake Park will be Kalimba, a group that pays tribute to Earth, Wind & Fire.

Put a few or all of these dates onto your calendar and take advantage of the sweet summer nights. I hope to see you there!
Dianne

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Market Activity Report June 26-July 2, 2017

Lake Oswego really does put on a show for the 4th of July. From the annual pancake breakfast to the afternoon parade, the city decks itself out and goes all in. I thought this photo was nicely representative of what the town looks like. This does not even begin to show off the annual fireworks display. Wow! It was amazing this year! LO is a special place, but on the 4th of July it really shines.

And now for the Market Activity Report.

Last week in Lake Oswego there were 20 new listings, 25 properties that went into pending status, and 18 sold/closed sales. I also saw an uptick in “refreshed” listings. This happens when a house sits on the market for a period of time. The property will be taken off the market and then put on again as an entirely new listing. This draws attention to it in property searches so it is very effective, but it is not a new listing. This always happens in the market and over the last few years I’d say that I’ve consistently seen a few each week. But last week there were 9. I see this as another indication that the market is slowing just a tad. It is still a seller’s market, but it’s not as over heated as it was a year ago.

Following is the breakdown for you according to RMLS:

New on the Market (June 26-July 2, 2017)

Address Type Price BR Baths Sq Ft
1220 Pine St Detached $467,500 4 2 2123
668 McVey Ave #31 Condo $484,900 3 1.5 992
5862 Langford Ln Detached $540,000 2 2 1506
19050 Pilkington Rd Detached $569,000 3 3 1992
316 4th St Attached $585,000 2 2.5 1731
1991 Greentree Rd Detached $645,000 4 3 2655
1682 Fircrest Dr Detached $660,000 4 2.5 2304
1161 Sunningdale Rd Detached $699,900 3 2.5 2324
4019 Orchard Dr Detached $759,900 3 2.5 2748
13354 Twin Creek Ln Detached $799,900 5 2.5 3134
1418 Maple St Detached $825,000 3 2.5 2,066
4350 Albert Circle Detached $875,000 5 3.5 3175
17479 Brookhurst Dr Detached $885,000 3 2.5 3551
5501 Rachel Ln Detached $929,800 4 2.5+.5 3509
1627 Village Park Ln Detached $945,000 4 3.5 3203
1055 Country Club Rd Detached $950,000 3 2 2908
3525 Upper Dr Detached $1,299,900 4 3.5 3320
1350 Ridgecrest Dr Detached $1,395,000 5 3 3534
1135 Lake Front Rd Detached $2,350,000 4 3.5 4194
4175 Southshore Blvd Detached $4,999,999 4 4.5 6332

Pending Sales (June 26-July 2, 2017)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd A204 Condo $169,500 2 2 849 24
75 Galen St Condo $210,000 2 2 989 4
48 Eagle Crest Dr 1E Condo $229,900 2 2 1370 6
189 Oswego Summit Condo $255,000 2 2 1383 5
5056 Foothills Dr Condo $324,900 3 2 1252 7
1705 Conifer Dr Detached $425,000 3 1.5 1774 65
30 Becket St Detached $489,900 3 2 2077 2
11 Saint Helens Circle Detached $514,000 3 2.5 1904 6
804 4th St Detached $530,000 3 1.5 1396 5
1121 Devon Ln Detached $535,000 5 3 2968 100
14424 Doris Ave Detached $539,000 4 1.5 1700 31
76 Tanglewood Dr Detached $539,500 4 3 2801 14
16005 Inverurie Rd Detached $569,000 4 2 2147 6
5901 Langford Ln Detached $575,000 3 3 1921 6
7 Preakness Ct Detached $580,000 4 2.5 2896 11
5192 Coventry Ct Detached $629,900 4 2.5 2259 9
14377 Camden Ln Detached $679,900 4 2.5 2530 4
17323 Lake Haven Dr Detached $699,000 3 2.5 1864 53
264 D Ave Attached $759,000 3 2.5 2011 56
4871 Centerwood St Detached $765,000 4 3 2640 6
2325 Park Rd Detached $875,000 4 2.5 2405 4
4 Dover Way Detached $970,000 5 2.5 3962 36
731 F Ave Detached $975,000 4 2.5 2668 60
4723 Lamont Way Detached $1,020,000 4 3 3043 47
13961 Knaus Rd Detached $3,000,000 4 4.5+.5 6614 77

Sold/Closed (June 26-July 2, 2017)

Address Type List Price Sold Price Sq Ft CDOM
1666 Boca Ratan Dr Attached $340,000 $355,000 1611 7
15 Britten Ct Attached $395,000 $399,900 1,972 5
1010 Hallinan St Detached $449,900 $455,000 1,225 4
1108 Cedar St Detached $489,900 $475,000 1206 11
5189 Tree St Detached $549,900 $515,000 1470 49
1710 Meadows Dr Detached $545,000 $545,000 1677 4
15655 Twin Fir Rd Detached $575,000 $575,000 2095 0
1004 Cumberland Pl Detached $639,000 $595,000 3313 21
16872 Canyon Dr Detached $689,900 $665,000 4069 30
12844 Sierra Vista Dr Detached $660,000 $667,000 2592 3
18034 Westview Dr Detached $715,000 $688,500 3562 43
654 1st Condo $729,000 $725,000 2140 16
4665 Firwood Rd Detached $969,000 $969,000 2541 2
3151 Alder Spring Ct Detached $999,950 $985,000 3802 29
3938 Edens Edge Dr Detached $1,019,000 $1,005,000 3882 36
18820 Greenbluff Dr Detached $1,485,000 $1,250,000 5570 286
17345 Bergis Farm Dr Detached $1,479,000 $1,469,000 5199 388
1021 Lake Shore Rd Detached $2,398,000 $2,000,000 3487 1191

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.