A Guide to Lake Oswego Real Estate and Community
Dianne,  Linda & Whitney

Brought to you by Dianne Gregoire, Linda Rossi and Whitney Gregoire, brokers with Oregon First, a professional real estate company licensed with the Oregon Real Estate Agency.

Contact: Dianne | Linda | Whitney

Subscribe by EMail

Enter your email address:



Brought to you by:

News & Notes ~ Dec / Year-End 2017

We’ve got the numbers in for 2017~ Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture just below:

  • According to the RMLS Market Action Report for the Portland Metro Area, December, 2017:
    • There were 1,617 New Listings in Dec 2017 which was up 13.8% from Dec of 2016’s 1,421, and down a whopping 33.1% from Nov of 2017’s total of 2,416.
    • At 2,350, Dec Closed Sales were down 10.3% from Dec 2016’s 2,621, and 1.6% from the previous month/Nov 2017’s total of  2,387.
    • December’s Pending Sales (accepted offers), at 1,757 was exactly the same as Dec of 2016, and decreased 25.9% from the previous month/Nov 2017’s total of 2,371.
    • The Average Sale Price in December of $421,700 was up $22,400 from December 2016’s $399,300, and down from November 2017’s $425,000 by $3,300.   

Neighborhoods: December’s Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $400,500              5.9%   (Nov 401,600)
  • NE Portland:  $430,000                   8.1%   (Nov 439,100)
  • SE Portland:  $382,200                   8.7%   (Nov 403,500)
  • Gresham/Troutdale:   $329,600   10.4%   (Nov 349,900)
  • Milwaukie/Clackamas:  $411,500  9.1%   (Nov 406,000)
  • Oregon City/Canby:   $402,100      7.2%   (Nov 377,800)
  • Lake Oswego/West Linn:$662,700 9.5%   (Nov 708,000)
  • West Portland:    $612,700             3.2%   (Nov 576,100)
  • NW Washington County:$534,400  7.7%   (Nov 501,200)
  • Beaverton/Aloha:     $363,200        9.2%   (Nov 349,300)
  • Tigard/Wilsonville:   $435,700        7.7%   (Nov 453,000)
  • Hillsboro/Forest Grove: $366,800 11.0%   (Nov 364,600)

LAKE OSWEGO:

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

    •  288 Active Listings   
    •   80 New Listings     
    •   92 Pending Sales   
    •   98 Closed Sales  
    • Average Sale Price for Dec: $662,700  
      • 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.
    • 73 Average Days on the Market

Market Activity ~ Jan 8-14, 2018

Last week saw 7 New properties enter the market in Lake Oswego, 11 move to Pending status, and 8 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 8-14, 2018)

Address List Price # Beds # Baths Total SF Prop Type
133 OSWEGO SMT $199,900 1 1 923 CONDO
4000 CARMAN DR F90 $205,000 2 2 834 CONDO
16250 PACIFIC HWY #60 $249,900 2 2 1305 CONDO
5545 KILCHURN AVE $660,000 3 2 2559 DETACHD
12788 SIERRA VISTA DR $699,000 4 3.1 2812 DETACHD
4004 MELISSA DR $709,900 4 2.1 2865 DETACHD
13171 SANDALWOOD CT $715,000 4 2.1 3325 DETACHD

PENDING SALES (Jan 8-14, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
570 S STATE ST / Grnd $239,500 2 1 914 CONDO 2
4462 THUNDER VISTA LN $314,000 2 2.1 2040 CONDO 4
16855 GASSNER LN $449,900 4 2 2258 DETACHD 30
16150 LAKE FOREST BLVD $524,900 2 2 2302 DETACHD 42
528 2ND ST $525,000 2 2.1 1703 CONDO 7
9 FALSTAFF ST $549,000 4 2.1 2436 DETACHD 315
14260 UPLANDS DR $600,000 4 3 2984 DETACHD 30
4725 CAMBRIDGE CT $749,900 2 2.1 2942 ATTACHD 118
160 IRON MOUNTAIN BLVD $825,000 4 3 3090 DETACHD 9
4933 LAKEVIEW BLVD $996,000 4 3 3988 DETACHD 7
19419 SW EAST SIDE RD $1,300,000 4 3.1 4682 DETACHD 98

SOLD (Jan 8-14, 2018.)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
3290 WEMBLEY PARK RD $550,000 $530,000 5 3 2656 DETACHD 62
5330 CARMAN GROVE LN $759,900 $725,000 3 2.1 2442 DETACHD 165
1755 KILKENNY RD $844,900 $775,000 4 3 3164 DETACHD 131
1627 VILLAGE PARK LN $945,000 $790,000 4 3.1 3203 DETACHD 168
16 CELLINI CT $869,000 $790,000 3 2.1 3049 DETACHD 61
5349 CARMAN GROVE LN $899,900 $880,000 4 3 2847 DETACHD 189
14167 TAYLORS CREST LN $948,000 $885,000 4 2.1 3675 DETACHD 177
12750 FIELDING RD $1,100,000 $945,000 3 2 3018 DETACHD 41

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.

Home Energy Scores

There are a couple of reasons I feel prompted to talk about home energy scores. First, it’s the middle of January and heating bills are affecting our budgets. Second, the City of Portland’s new requirement for home energy scores went into affect January 1st, 2018. Here in LO we don’t have a requirement for home energy audits to sell a home, but I think what the City of Portland is doing will affect all of the suburbs in the metro area.

A home energy score is an audit done by a licensed and certified professional. It costs about $125 and results in a standardized score of 1 to 10 and also includes an estimation of the energy costs for a particular home. If you live within the city limits of Portland and intend to sell your house, you have got to provide this score to prospective buyers. This is going to make the home energy cost question easy to obtain and to use in comparing homes to buy. I think homes with high scores, meaning very energy efficient, will be in greater demand than homes with low scores. To overcome this, homes with low scores will simply be priced for less to overcome this deficiency. As buyers get used to the availability of this information, I think they will begin to demand similar information outside of the city limits.

With this in mind, I thought it would be helpful to offer you a few simple, and relatively inexpensive ways to save home energy costs. I obtained this list from the Alliance to Save Energy, a National non-profit that was founded in 1977 and brings together professionals from government, business, environmental, and consumer communities. I have limited this list to items you can physically do to your house prior to selling it.

1. Install a programmable thermostat
2. When buying appliances, look for the Energy Star label
3. Install low-flow faucets, shower heads, and toilets
4. Install new, clean air filters
5. Reduce the water heater temperature to 130 degrees
6. Seal off air leaks
7. Insulate attic, walls, and floors.

Alliance also provides some tips for living in the house that will save you money.
1. wash clothes in cold water
2. use window shades to keep the sun out in the summer to cool the house, and to let the sun inside in the winter to heat the house
3. Change light bulbs to be modern halogen incandescent, LED, or CFLs. Notice I don’t recommend these bulbs at the time you are marketing the house. These bulbs often take time to “warm up” and fully illuminate. Unless you leave your lights all on for every showing, these bulbs will not brighten up quickly enough to illuminate a room if it is being shown without the lights already on. You want lots of light when you are marketing your home.

To read the full Alliance recommendations, click here.

A word or two about windows
I am a big fan of architecturally significant and older homes. I think that there is a fine line between updating an older home and ruining an older home. For instance, the beveled glass edges in fine old homes that are often in the living room and dining room of these old homes. What to do? I believe these windows should be preserved. You could consider putting a storm window in front of them, or even just leaving them alone and allowing them to be single pane.

Insulated windows do not provide as much energy savings as is often claimed. The Federal Trade Commission was warned or filed charges against more than a dozen window manufacturers to force them to be truthful in their advertising. Having said that, there is no argument that a double pane window, whether it is via sealed-insulated window, or an old-fashioned storm window, is going to be more energy efficient than a single pane window. Not too mention that single pane windows get condensation on the inside during the winter that can cause water staining and mold. NPR wrote a good article on the subject that you can find by clicking here. The point is, new insulated windows are expensive. If you are on a budget you’ll get a lot more bang for your buck with other measures, like the ones I have listed above.

As always, thanks for reading the blotter.
Dianne

Market Activity Dec 25, 2017-Jan 7, 2018

Being the first posting of the new year, I am happy to say that things are starting off with a bang. The last 2 weeks have brought 21 new listings onto the market, 19 houses have gone into pending status, and 21 properties that are closed/sold. Most exciting is that 1900 Twin Points has gone pending. This is one of Lake Oswego’s most prestigious homes. It on the lake with it’s own small bay and is known for its Asian inspired blue tile roof. Priced at $6,999,000, it’s been on the market for 535 days. Now the curiosity will be watching to see what the final sales price is.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 25, 2017-Jan 7, 2018)

Address Type Price BR Baths Sq Ft
86 Kingsgate Rd #C202 Condo $175,000 2 2 924
668 McVey Ave #46 Condo $274,900 2 1 863
4462 Thunder Vista Ln Condo $314,000 2 2.5 2040
4340 Beasley Way Detached $409,900 3 1 1384
156 Kingsgate Rd Detached $434,900 2 2 2020
8 Sherwood Ct Detached $629,200 3 3.5 3212
33 Hillshire Dr Detached $699,950 4 2.5 2757
17423 Oak Meadow Ln Detached $749,000 3 2.5 3125
3413 Royce Way Detached $769,000 3 2.5 2753
3106 Rosemary Ln Detached $775,000 3 2.5 2717
5693 Victoria Ct Detached $790,000 4 2.5 3540
160 Iron Mountain Blvd Detached $825,000 4 3 3090
15620 Village Dr Detached $995,000 4 2.5 3324
3144 Glenmorrie Dr Detached $998,900 3 2.5 2582
3100 Westview Ct Detached $1,100,000 4 3.5 3725
4743 Upper Dr Detached $1,175,000 4 2.5 3079
4731 Upper Dr Detached $1,195,000 4 2.5 3208
4749 Upper Dr Detached $1,235,000 4 2.5 3285
4660 Wildwood St Detached $1,349,900 4 4 3709
13615 Westlake Dr Detached $1,350,000 4 4.5 4050
893 Cedar St Detached $1,375,000 4 3.5 3740

Pending Sales (Dec 25, 2017-Jan 7, 2018)

Address Type Price BR Baths Sq Ft CDOM
48 Cervantes Cir 3-C Attached $235,000 2 1.5 1368 4
200 Burnham Rd #304 Condo $239,000 2 2 1305 144
668 McVey Ave #84 Condo $239,900 2 1.5 976 117
1470 Boca Ratan Dr Townhse $360,000 3 2 1867 0
4236 Woodside Circle Attached $395,000 3 2 1524 16
918 Lake Front Rd Detached $455,000 2 1 921 3
4978 Galen St Attached $459,000 2 2.5 1552 78
520 2nd St Condo $499,000 2 1.5+.5 1520 24
17380 Marjorie Ave Detached $509,000 4 2 1816 5
5524 Langford Ln Detached $550,000 2 2 2038 96
21 Masaryk St Detached $585,000 4 2.5 2773 59
3220 Duncan Dr Detached $639,000 4 2.5 3042 188
643 Ash St Detached $674,900 4 2.5 2200 3
13265 Fox Run Detached $689,900 4 2.5 2614 34
5925 Sunbrook Dr Detached $699,000 3 2.5 3160 10
17429 Schalit Way Detached $699,900 4 3.5 2823 150
17184 Carlson Ct Detached $720,000 4 3.5 3318 36
830 Cabana Ln Detached $1,249,000 4 3.5 3029 202
1900 Twin Points Rd Detached $6,999,000 5 3.5+.5 6776 535

Sold/Closed (Dec 25, 2017-Jan 7, 2018)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Pkwy #59 Condo $194,900 $189,900 823 24
4085 Jefferson Pkwy Condo $309,900 $303,400 1,302 60
1784 Bonniebrae Attached $339,000 $325,000 1,393 19
16724 Roosevelt Ave Detached $399,900 $401,200 1270 112
668 McVey Ave #61 Condo $475,000 $465,000 992 342
17736 Cardinal Ct Detached $535,000 $535,000 2280 29
14307 Camden Ln Detached $599,900 $545,000 1932 116
804 4th St Detached $575,000 $553,000 1396 6
3854 Tempest Dr Detached $575,000 $568,900 1953 43
1625 Fernwood Dr Detached $629,000 $592,500 2182 82
19180 Indian Creek Ave Detached $599,900 $599,900 2392 7
14377 Camden Ln Detached $679,900 $620,000 2530 141
999 Oxford Dr Detached $679,000 $630,000 3118 93
17040 Summer Pl Detached $639,000 $639,000 3186 71
4725 Firwood Rd Detached $675,000 $695,000 2557 3
555 Atwater Rd Detached $925,000 $775,000 4016 127
812 Country Commons Detached $950,000 $860,000 3740 140
910 A Ave Detached $999,000 $920,000 3324 21
14405 Pfeifer Dr Detached $969,900 $921,500 3853 134
5303 Amberwood Ct Detached $999,999 $985,000 3634 15
17656 Kelok Rd Detached $1,238,000 $1,163,000 3290 275

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.

Happy Holidays!

We here at the blotter want to wish you all the best of the season. Merry Christmas, Happy chanukah, Happy Kwanza, and just all good wishes to you and your family, no matter the holiday you are celebrating.

We also want to let you know that we are going to take this week and next to be with our family and so the next post will be the week of January 8th. The market activity report will combine two weeks. Please enjoy the respite, as I know that we will.

We may be taking a break from the blotter, but we are also still busy with real estate. Don’t hesitate to get in touch if you need help or have a real estate related question.

Thank you for reading the blotter. Here’s to a happy, healthy, and prosperous 2018!
Dianne, Linda, and Whitney

News & Notes ~ Nov 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, November, 2017:
    • There were 2,416 New Listings in Nov 2017 which was up 16.8% from Nov of 2016’s 2,080, and down 19% from Oct of 2017’s total of 2,981.
    • At 2,387, Nov Closed Sales were down 1.9% from Nov 2016’s 2,434, and 6.9% from the previous month/Oct 2017’s total of  2,565.
    • November’s Pending Sales (accepted offers), at 2,371 increased 4.6% from Nov of 2016’s 2,266, and decreased 12.3% from the previous month/Oct 2017’s total of 2,705.
    • The Average Sale Price in November of $425,000 was up $28,000 from November 2016’s $397,000, and down from October 2017’s $438,500 by $13,500.   

November Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $401,600              5.8%
  • NE Portland:  $439,100                   8.3%
  • SE Portland:  $403,500                   8.3%
  • Gresham/Troutdale:   $349,900   11.1%
  • Milwaukie/Clackamas:  $406,000  9.0%
  • Oregon City/Canby:   $377,800      7.7%
  • Lake Oswego/West Linn:$708,000 9.4%
  • West Portland:    $576,100             4.3%
  • NW Washington County:$501,200  8.4%
  • Beaverton/Aloha:     $349,300        9.6%
  • Tigard/Wilsonville:   $453,000        6.9%
  • Hillsboro/Forest Grove: $364,600 11.4%

LAKE OSWEGO:

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

    •  376 Active Listings   
    •  124 New Listings     
    •  111  Pending Sales   
    •  108 Closed Sales  
    • Average Sale Price for Nov: $708,000  
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • 85  Average Days on the Market

Market Activity ~ Dec 11-17, 2017

Last week saw 7 New properties enter the market in Lake Oswego, 11 move to Pending status, and 14 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 11-17, 2017)

Address List Price # Beds # Baths Total SF Prop Type
4236 WOODSIDE CIR $395,000 3 2 1524 ATTACHD
16855 GASSNER LN $449,900 4 2 2258 DETACHD
4711 REMBRANDT LN $529,900 3 2.1 2050 DETACHD
14260 UPLANDS DR $600,000 4 3 2984 DETACHD
4729 LAKEVIEW BLVD $679,000 3 2.1 2551 DETACHD
12 DA VINCI ST $684,000 4 3 2959 DETACHD
17537 CARDINAL DR $2,298,000 5 4 5383 DETACHD

PENDING SALES (Dec 11-17, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1798 KILKENNY RD $559,900 3 2 2323 DETACHD 224
1661 WOODLAND TER $625,000 3 2.1 3178 DETACHD 32
5418 WASHINGTON CT $679,900 3 2.1 2074 DETACHD 64
17585 TREETOP WAY $689,000 4 3 2422 DETACHD 74
1755 KILKENNY RD $799,900 4 3 3164 DETACHD 131
1627 VILLAGE PARK LN $825,000 4 3.1 3203 DETACHD 168
13845 AMBERWOOD CIR $885,000 4 2.1 3277 DETACHD 120
2715 GLEN EAGLES RD $900,000 4 2 2500 DETACHD 130
910 A AVE $999,000 3 2 3324 DETACHD 21
18246 BELLA TERRA DR $1,269,000 4 3.1 4200 DETACHD 311
1972 CHERYL CT $1,999,999 4 4.1 6952 DETACHD 89

SOLD (Dec 11-17, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #415 $203,500 $195,000 2 1.1 1056 CONDO 119
200 BURNHAM RD #300 $215,000 $205,000 1 1 973 CONDO 17
6451 MCEWAN RD $379,900 $380,000 3 1.1 1080 DETACHD 9
16215 LAKE FOREST BLVD $424,900 $380,250 3 1 1001 DETACHD 46
19244 BENFIELD AVE $449,000 $455,000 3 2 1182 DETACHD 3
106 GREENRIDGE CT $469,950 $470,700 3 3 3198 ATTACHD 4
5866 RIDGETOP CT $539,000 $509,000 3 2 1866 DETACHD 15
4954 BILFORD LN $575,000 $560,000 2 2 1890 DETACHD 46
13422 VERMEER DR $659,000 $615,000 4 3 2682 DETACHD 29
29 DEL PRADO ST $735,000 $747,000 4 2 3037 DETACHD 7
1350 RIDGECREST DR $1,249,900 $1,100,000 5 3 3534 DETACHD 159
937 Cedar ST $1,350,000 $1,350,000 4 3.1 3938 DETACHD 125
916 LAKE SHORE RD $2,195,000 $1,780,000 4 3.1 3780 DETACHD 141
1000 ATWATER RD $2,695,000 $2,550,000 5 4.2 6531 DETACHD 41

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.

Holiday Lights

I think my favorite part of the holiday season are the lights in the evening. It get’s dark by 5pm. The lights coming on actually gets me excited for the dark evenings. So today I thought I share some photos I took yesterday evening at Millennium Plaza Park.

I also highly recommend driving about to view the neighborhoods at this time of year. Probably the most well-known for light displays is Westlake. Edenberry Dr has been named by Redfin as one of the top 5 streets to view the Christmas lights in the Portland area. Then there is First Addition. The City of Lake Oswego is holding a light contest this year. Homes will be judged this evening starting at 5pm. They are giving a special medallion and a $75 gift certificate to the winning home.

I’m also enamored with the variety of lights that are now available. From the old-fashioned bulbs, to multi-striped icicles that flicker in a digital pattern. It’s lovely.

My thanks to the home owners who make the effort. You make the short days and long nights a pleasure.
Happy Holidays!
Dianne

Market Activity Dec 4-10, 2017

Amidst the shopping, trips to the post office, parties, and general hubbub of the holidays, people are still putting their homes up for sale, looking at houses, and making offers. Last week in Lake Oswego there were 8 new listings, 18 homes that went into pending status, and 16 sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 4-10, 2017)

Address Type Price BR Baths Sq Ft
4 Touchstone #93 Condo $224,900 3 3 1351
5059 Foothills Dr G Condo $319,000 2 2 991
4 Adams Ct Detached $487,000 4 2.5 2287
520 2nd St Condo $499,000 2 1.5+.5 1520
4654 Auburn Ln Attached $624,900 3 3.5 2732
3665 Olson Ct Detached $695,000 4 3 2517
802 Clara Ct Detached $769,000 4 3 2857
18048 Eastridge Ln Detached $1,375,000 4 3.5 4336

Pending Sales (Dec 4-10, 2017)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Parkway #59 Condo $189,900 2 1.5 823 24
4 Touchstone #148 Condo $224,900 3 2.5 1351 27
204 Cervantes Condo $225,000 3 1.5 1138 27
1784 Bonniebrae Dr Attached $339,000 2 1.5 1393 19
5092 Galen St Detached $424,900 2 2 1178 3
52115 Bonita Rd Detached $495,000 3 2.5 1761 16
3290 Wembley Park Rd Detached $539,500 5 3 2656 62
5059 West Sunset Dr Attached $549,000 2 2.5 1734 73
14307 Camden Ln Detached $560,000 3 2.5 1932 116
804 4th St Detached $575,000 3 1.5 1396 6
8 Westminster Dr Detached $623,000 3 3.5 2258 169
339 6th St Attached $769,000 3 3.5 2258 81
2155 Ridgewood Rd Detached $775,000 4 3 3454 39
1976 Palisades Terrace Dr Detached $865,000 4 2.5 3898 260
14405 Pfeifer Dr Detached $925,000 5 3 3853 134
15800 Oswego Shore Ct Detached $1,155,000 4 3.5 4047 269
1350 Ridgecrest Dr Detached $1,175,000 5 3 3534 159
18137 Meadowlark Ln Detached $1,429,000 4 4.5 5306 90

Sold/Closed (Dec 4-10, 2017)

Address Type List Price Sold Price Sq Ft CDOM
47 Eagle Crest Dr #8 Condo $175,000 $170,000 932 101
5225 Jean Rd #511 Condo $275,000 $275,000 1,400 9
100 Leonard St 2-1 Condo $429,000 $420,000 1,364 24
5907 Kenny St Detached $450,000 $456,000 1300 34
18971 Indian Springs Cir Detached $529,000 $495,000 1312 43
13606 Blazer Trail Detached $525,000 $515,000 1676 19
100 Leonard St 2-2 Condo $525,000 $562,500 2585 79
272 Greenwood Rd Detached $565,000 $562,500 1676 2
1682 Highland Rd Detached $649,000 $587,500 2234 111
624 Livingood Ln Detached $695,000 $685,000 2596 24
4006 Canal Woods Ct Detached $775,000 $768,675 3514 152
2983 Lakeview Blvd Detached $799,000 $786,000 2583 22
16610 Woodsman Ct Detached $799,000 $799,000 3462 8
4296 Sunset Dr Detached $800,000 $800,000 2600 0
17519 Brookhurst Dr Detached $859,000 $820,000 3758 46
12834 Alto Park Rd Detached $1,475,000 $1,365,000 3973 66

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.

Energy Effiency

Happy December, Property Blotter Readers!

One of the things we love about living here is the change of the seasons. The seasonal variations are not as marked as in other parts of the country with our snowfall being very periodic and usually short-lived, but we DO get some of that, and of course we get to enjoy our fireplaces and the cozy feeling of getting in out of the cold during winter months. Then in spring we watch the leaves come back, followed by the splendor & blue skies of summer, and fall when the leaves turn brilliant red & gold again.

The summer and the winter present challenges to all of us in terms of energy efficiency. The City of Portland has recently instituted a mandate set to begin in January 2018 that will require all homeowners who put their homes on the market to complete and provide to all potential Buyers a Home Energy Score & report. The score will be displayed on each listing, and the reports must be provided in the home right there with the flyer and other home info. The idea is to increase awareness & reduce the overall carbon footprint in this area, and the program is being instituted in conjunction with other major cities in the United States toward the same end. The comparison is being made to Buyers being able to see MPG rating on a car for instance, to let them know how much it is going to cost them in gas as they compare one vehicle to another. ***Lake Oswego is located in Clackamas County, is not part of the City of Portland, and is therefore exempt from this regulation, but I am bringing it to your attention as this is something Buyers, who are also looking in Portland right next door, will become used to seeing and will likely ask Lake Oswego homeowners about.

Lake Oswego is exempt, as I mentioned, and/but it is always a good idea to check your home’s energy efficiency. Also, this program signals & ushers a new era of expectations on the part of Buyers. The new program is creating a set of “Energy Assessors” in this area available to come to your home and check its systems such as furnace, air conditioning, windows, and insulation. They can, if you like, provide you with a report and an Energy Score that you can use for your own information regarding how you might lower your energy costs. The reports will cost approx $250 depending on the size of the home etc.

Its always best to be “in the know”! Here is a link to information on the Portland program, just FYI: CLICK HERE