A Guide to Lake Oswego Real Estate and Community
Dianne and Linda

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

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Market Activity ~ June 11-17, 2018

Last week 21 New properties entered the market in Lake Oswego, 23 moved to Pending status, and 26 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (June 11-17, 2018)

Address List Price # Bedrs # Baths Total SF Prop Type
47 EAGLE CREST DR #21 $199,000 2 1 932 CONDO
39 OSWEGO SMT / Grnd $225,000 2 2 1212 CONDO
12 OSWEGO SMT $249,000 2 2 1140 CONDO
4000 CARMAN DR #C49 $349,500 2 1.1 1004 CONDO
6321 ALYSSA TER $379,000 3 2.1 1546 TOWNHSE
34 WHEATHERSTONE #17 $410,000 3 2.1 1692 CONDO
1731 ASPEN CT $419,500 3 2 1440 DETACHD
49 TANGLEWOOD DR $595,000 4 0.3 2491 DETACHD
1878 SOUTHSHORE BLVD $595,000 4 2.1 2594 DETACHD
5117 GREENSBOROUGH CT $650,000 3 2.1 1560 DETACHD
17036 CRESTVIEW DR $675,000 4 3 2768 DETACHD
15368 WALUGA DR $675,000 3 2 1876 DETACHD
19233 INDIAN SPRINGS RD $745,000 4 4.1 3485 DETACHD
18028 GIMLEY CT $774,900 4 2.1 3454 DETACHD
14322 EDENBERRY DR $799,990 4 2.1 2806 DETACHD
17144 WARREN CT $850,000 4 2.1 2778 DETACHD
5726 CHARLES CIR $869,500 4 3.1 3196 DETACHD
17600 UPPER CHERRY LN $1,168,000 4 3.1 3900 DETACHD
17661 WOODHURST PL $1,170,000 4 3.5 4840 DETACHD
140 BERWICK RD $1,295,000 4 2.1 3114 DETACHD
13047 KNAUS RD $1,295,000 4 3.2 4176 DETACHD

PENDING SALES (June 11-17, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4615 LAKEVIEW BLVD / Grnd $199,900 1 1 753 CONDO 31
26 CERVANTES CIR / Grnd $215,000 2 1.1 912 CONDO 25
572 S STATE ST / Uppeer $250,000 2 1 914 CONDO 6
48 EAGLE CREST DR #1C $285,000 2 2 1370 CONDO 25
28 NORTHVIEW CT $500,000 3 3 2092 ATTACHD 63
10 CHURCHILL DOWNS $520,000 4 3 2080 DETACHD 36
15115 TWIN FIR RD $549,000 3 2 1400 DETACHD 5
14273 AMBERWOOD CIR $549,000 3 2.1 2350 DETACHD 4
19350 MARLIN AVE $549,000 4 2 1820 DETACHD 56
1129 CHERRY LN $579,950 3 2.1 2196 DETACHD 5
18679 INDIAN CREEK DR $600,000 4 2.1 2276 DETACHD 48
4220 ALBERT CIR $615,000 4 3 2405 DETACHD 20
2660 LOOKOUT CT $624,500 3 3 2565 DETACHD 43
17226 TUALATIN ST $649,000 4 2.1 1984 DETACHD 16
6072 CLAIRMONT CT $700,000 4 3 2653 DETACHD 45
630 9TH ST $849,000 4 3 2576 DETACHD 19
3144 GLENMORRIE DR $880,000 3 2.1 2582 DETACHD 162
5416 SOUTHWOOD DR $899,000 4 2.1 3340 DETACHD 3
2949 WESTVIEW CIR $989,900 4 3 3326 DETACHD 3
19626 PERCH CT $1,099,000 4 2.1 3494 DETACHD 4
441 8TH ST $1,179,900 4 3 2748 DETACHD 169
13348 LESLIE CT $1,200,000 4 2.1 3863 DETACHD 1
936 EVERGREEN RD $1,975,000 3 2.1 3772 DETACHD 6

SOLD (June 11-17, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE $239,000 $231,500 3 4.1 1351 CONDO 27
750 1ST ST $297,000 $305,000 2 2 1350 CONDO 5
3986 CARMAN DR $317,500 $325,000 2 2.1 1107 CONDO 55
4442 THUNDER VISTA LN $335,000 $332,000 2 2.1 1829 CONDO 29
1857 BOCA RATAN DR $388,000 $388,000 3 2 1611 TOWNHSE 3
99 KINGSGATE RD $449,950 $425,000 2 2 1224 DETACHD 23
18963 LONGFELLOW AVE $449,750 $449,750 3 1.1 1239 DETACHD 228
15370 QUARRY RD $489,900 $480,900 3 1.1 1540 DETACHD 7
106 KINGSGATE RD $489,900 $500,000 3 2.1 1669 DETACHD 5
1605 MEADOWS DR $570,000 $575,000 3 2 2186 DETACHD 7
1483 WOODLAND TER $769,900 $575,100 4 2.1 2861 DETACHD 147
1991 GREENTREE RD $625,000 $611,500 4 3 2655 DETACHD 89
377 LIVINGOOD LN $624,000 $629,000 3 2.1 2409 DETACHD 2
2814 VALE CT $700,000 $685,000 4 3 3192 DETACHD 21
97 GARIBALDI ST $749,000 $800,000 3 2.1 3559 DETACHD 4
9 BUCKINGHAM TER $798,000 $843,000 4 3 2766 DETACHD 5
14041 EDENBERRY CT $775,000 $860,000 4 2.1 3077 DETACHD 8
19158 MEGAN PL $900,000 $880,000 4 3.1 4910 DETACHD 50
5566 LUCE LN $990,000 $950,000 5 3 3088 DETACHD 39
1299 COUNTRY CMNS $1,229,000 $1,150,000 4 4.1 3710 DETACHD 13
888 FAIRWAY RD $1,360,000 $1,210,000 4 2.2 5788 DETACHD 192
13615 WESTLAKE DR $1,350,000 $1,275,000 4 4.1 4050 DETACHD 130
18040 SKYLAND CIR $1,345,000 $1,345,000 4 2.2 4140 DETACHD 2
3914 EDENS EDGE DR $1,548,000 $1,548,000 5 5.2 6635 DETACHD 11
1655 LESLIE LN $1,725,000 $1,665,000 4 3.1 4805 DETACHD 341
1500 RIDGECREST DR $1,797,000 $1,675,000 5 5 4817 DETACHD 307

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.

Featured Property: 19 Juarez

This is just a stunning house. I am super excited to be representing it’s owners as it is sold. Full disclosure, the house received an accepted offer the day it was put up for sale. I think this speaks to two things. First, contemporary homes are super popular right now. I’ve been in this business long enough to remember a time when traditional homes was what was hot and the contemporaries were slow to sell. That is not the case in 2018. Contemporary homes are hot, hot, hot. Second, it pays to take good care of your property. The owners of this house have really enjoyed it and done improvements over the entire time that they have owned it and it shows.

The house is in Lake Oswego but just across the county line into Multnomah County. It is part of the Mountain Park Home Owner’s Association. This means it has access to the wonderful rec facility with swimming, weightroom, basketball, a big reception room, and 15 miles of walking paths.

It was built in 1982 and has 3584 square feet with 3 bedrooms, 2 bonus rooms, a living room, and a family room. It’s a 2 car garage. There are valley views to the South and 6 big decks take advantage of those views. The asking price was $739,900. We are in escrow and going through the home inspection process. I am confident of the solidness of the current buyer, but I am also keeping a list of people who want to be contacted if it comes back onto the market. Please let me know if you want to be added to that list.

Enjoy the weekend!
Dianne

Market Activity June 4-10, 2018

With school officially out, the swim park has opened and LO is blooming and beautiful. What a wonderful time of year! It’s also the perfect time to buy or sell a home. Our activity has remained strong with 20 new listings in Lake Oswego last week, 29 houses moved into pending status, and 26 properties became closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (June 4-10, 2018)

Address Type Price BR Baths Sq Ft
572 S State St Condo $250,000 2 1 914
`5210 Boones Way Condo $329,900 2 2 1124
18821 Longfellow Ave Detached $389,000 3 1 946
5540 McEwan Rd Detached $509,000 3 3 1898
1842 Kilkenny Dr Detached $525,000 3 2 1988
15115 Twin Fir Rd Detached $549,000 3 2 1400
1129 Cherry Ln Detached $579,950 3 2.5 2196
870 Lake Forest Dr Detached $649,900 3 2 1971
5937 Bay Point Dr Detached $799,900 4 2.5 3402
4133 Glacier Lily St Detached $825,000 4 3.5 3910
17454 Canal Circle Detached $849,000 3 2.5 2472
2949 Westview Circle Detached $989,900 4 3 3326
19626 Perch Ct Detached $1,099,000 4 2.5 3494
2212 Glenmorrie Ln Detached $1,150,000 5 2.5 3722
17494 Lake Haven Dr Detached $1,400,000 2 2 2121
1460 Skyland Dr Detached $1,795,000 4 4.5 4760
13910 Stampher Rd Detached $1,950,000 4 3.5 4488
936 Evergreen Rd Detached $1,975,000 3 2.5 3772
3434 Lakeview Blvd Detached $6,988,000 5 5.5 7102
1226 Northshore Rd Detached $8,500,000 4 5.5 5544

Pending Sales (June 4-10, 2018)

Address Type Price BR Baths Sq Ft CDOM
21 Oswego Summit Condo $170,000 1 11 764 46
86 Kingsgate Rd E202 Condo $239,900 2 2 924 3
5225 Jean Rd #107 Condo $279,900 2 2 1200 18
5055 Foothills Dr B Condo $339,000 3 2 1252 252
1120 Boca Ratan Dr Attached $360,000 3 2 1611 6
16 Greenridge Ct Townhouse $395,000 2 2.5 2019 32
9 Oriole Ln Detached $425,000 3 3 1928 76
84 Greenridge Ct Attached $430,000 4 2.5 2868 158
55 Northshore Rd #9 Condo $450,000 2 1.5 2025 357
16053 Lake Forest Blvd Detached $489,900 4 2 2100 174
1581 Woodland Terrace Detached $549,000 3 2.5 2072 26
3585 Lake Grove Ave Detached $550,000 4 2 1575 1
5582 Yorkshire Pl Detached $589,900 3 3 22302 4
328 4th St Townhouse $624,900 2 2.5 1731 17
1422 Ash St Detached $649,000 4 3 2997 327
17976 Cardinal Dr Detached $665,000 4 2.5 2936 6
412 Livingood Ln Detached $674,875 5 2.5 3928 39
19 Juarez St Detached $739,900 3 2.5 3584 1
12814 Sierra Vista Dr Detached $750,000 4 3.5 3050 2
3240 Westview Ct Detached $875,000 4 3.5 3121 46
16470 Phantom Bluff Detached $899,900 5 3 2783 108
5047 Woodcrest Ln Detached $925,000 4 3.5 3713 12
4190 Chad Dr Detached $925,000 4 3.5 3818 40
4145 Chad Dr Detached $929,900 4 2.5 3337 20
950 Oak Terrace Detached $1,150,000 4 2.5 3787 7
3155 Upper Dr Detached $1,175,000 4 3 3016 39
3820 Southshore Blvd Detached $1,189,000 5 4 4855 3
15495 Village Dr Detached $1,545,000 5 4.5 5401 24
13364 Atwater Ln Detached $1,695,000 5 6.5 5841 34

Sold/Closed (June 4-10, 2018)

Address Type List Price Sold Price Sq Ft CDOM
96 Galen St Condo $149,500 $156,000 552 3
330 Cervantes Circle Condo $190,000 $190,000 832 45
16250 Pacific Hwy #82 Condo $205,000 $205,000 841 8
67 Oswego Summit Condo $225,000 $228,000 1212 24
156 Kingsgate Rd Detached $379,900 $367,200 2020 140
1620 Fernwood Dr Detached $450,000 $4,450,000 1612 151
14328 Holly Springs Rd Detached $529,000 $510,000 1939 24
13850 Verte Ct Detached $525,000 $526,000 1942 5
5871 Bonita Rd Detached $550,000 $539,000 2406 9
57 Touchstone Detached $620,000 $620,000 2465 0
17 Scarborough Dr Detached $680,000 $680,000 3290 2
5524 Washington Ct Detached $749,900 $760,000 2672 87
820 Boca Ratan Dr Detached $760,000 $770,000 2628 1
808 Timberline Dr Detached $799,000 $775,000 3276 81
1510 Fernwood Dr Detached $789,900 $790,000 3291 13
2484 Marylshire Ln Detached $799,000 $819,000 4168 30
19507 35th Ct Detached $849,000 $837,000 3590 8
858 10th St Detached $800,000 $850,000 2332 5
18360 Delenka Ln Detached $899,900 $889,000 4349 2
13020 Knaus Rd Detached $949,000 $950,000 2545 2
4731 Upper Dr Detached $1,185,000 $1,120,000 3208 134
17492 Redfern Ave Detached $1,099,900 $1,158,000 2828 6
17224 Greentree Ave Detached $1,279,900 $1,275,000 3545 27
17442 Ridgeview Ln Detached $1,475,000 $1,382,000 5063 71
4262 Upper Dr Detached $1,590,000 $1,560,000 4096 38
17399 Canal Circle Detached $2,349,000 $2,175,000

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

This Week in Lake Oswego

Well, Summertime is upon us & there are loads of activities to choose from in Lake Oswego!  Here are my picks for things happening this week! (I stayed away from meetings and focused on mostly family fun : )

Mon, June 11th 2018– 9:15am – LO Walkers! -Explore Tryon Creek, Foothills, Willamette Park & more! (Mon/Wed/Sat) CLICK HERE

Tue, June 12th, 2018 – 7:00pm – 8:00pm – Thor Spyros who studied photography with Ansel Adams will share stories from his lifetime with  “My Life, My Adventure”  – Lake Oswego Library   CLICK HERE  

Wed, June 13th, 2018 1:00pm – 2:00pm – Performing Arts/Ronnie Robbins – Brooklyn-born guitarist and singer-songwriter Ronnie Robins will present a concert of Bossa Nova, Samba and MPB, as well as some of his original songs at the Lake Oswego Library! CLICK HERE

Thu, June 14th, 2018 – 9:30am – 12:30pm – Creative Hands – Join this group of volunteers who handcraft projects with donated materials which are made into useful items and then donated to various non-profit associations- Contact the ACC at 503-635-3758 for more information.  CLICK HERE

Fri, June 15th, 2018 10:30am – 11:00am (every Friday/Birth-12 months  ; )- Baby Storytime– Lake Oswego Library  CLICK HERE

 

 

Market Activity ~ May 29-June 3, 2018

Last week 19 New properties entered the market in Lake Oswego, 14 moved to Pending status, and 29 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (May 29-June 3, 2018)

Address List Price # Beds # Baths Total SF Prop Type
1120 BOCA RATAN DR $360,000 3 2 1611 ATTACHD
4308 BOTTICELLI ST $424,950 3 3.1 2098 TOWNHSE
668 MCVEY AVE #12 $435,000 3 1.1 992 CONDO
31 PARTRIDGE LN $610,000 4 3 3125 DETACHD
17310 CANYON DR $649,000 5 3 2716 DETACHD
17976 CARDINAL DR $665,000 4 2.1 2936 DETACHD
5687 LA MESA CT $704,999 4 3 2458 DETACHD
17640 TREE TOP WAY $739,000 4 3 2718 DETACHD
17965 LAKE HAVEN DR $749,000 4 3.1 2764 DETACHD
5027 ROSEWOOD ST $874,950 4 3.1 3188 DETACHD
5853 SOUTHWOOD DR $875,000 5 2.1 3707 DETACHD
30 HILLSHIRE DR $949,950 4 2.1 3725 DETACHD
950 OAK TER $1,150,000 4 2.1 3787 DETACHD
125 MIDDLECREST RD $1,479,000 4 3.1 3242 DETACHD
19376 RIVERWOOD LN $1,600,000 4 3.1 4762 DETACHD
1099 TERRACE DR $1,799,950 5 4.1 4965 DETACHD
1810 NORTHSHORE RD $1,850,000 5 3 3553 DETACHD
1101 FOREST MEADOWS WAY $2,295,000 4 3.1 5001 DETACHD
320 CHANDLER PL $2,895,000 5 3.1 4675 DETACHD

PENDING SALES (May 29-June 3, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD G101 $219,000 2 2 840 CONDO 6
48 EAGLE CREST DR #4E $299,000 2 2 1489 CONDO 48
1381 BONNIEBRAE DR $305,000 3 1.1 1303 TOWNHSE 3
8 BRITTEN CT $389,900 2 2 1175 ATTACHD 36
6123 FROST LN $510,000 3 2.1 2214 DETACHD 0
5153 JEAN RD $570,000 8 3 2400 DETACHD 15
18 JUAREZ ST $595,000 3 2.1 2521 DETACHD 10
4746 AMHERST CT $599,000 3 2.1 2985 ATTACHD 310
75 TOUCHSTONE $685,000 4 2.1 2373 DETACHD 49
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD 28
18462 ANDUIN TER $699,000 4 2.1 2982 DETACHD 109
17986 SAINT CLAIR DR $699,500 4 3 2750 DETACHD 19
630 9TH ST $849,000 4 3 2576 DETACHD 5
4635 DOGWOOD DR $895,000 3 3 4584 DETACHD 612

SOLD (May 29-June 3, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
354 CERVANTES CIR #1C $205,000 $198,500 2 1.1 912 CONDO 18
4000 CARMAN DR #A7 $214,900 $214,900 2 2 866 CONDO 6
200 BURNHAM RD #203 $222,000 $220,000 2 1 1160 CONDO 18
805 MAPLE ST $419,900 $447,000 3 2 2344 DETACHD 3
1137 SPRUCE ST $479,900 $484,900 3 2 1214 DETACHD 3
668 MCVEY AVE / Grnd $500,000 $500,000 3 1.1 992 CONDO 27
17132 REBECCA LN $505,505 $505,505 3 2.1 1763 DETACHD 7
4391 UPPER DR $549,000 $510,000 4 2.1 1740 DETACHD 22
5071 W SUNSET DR $529,900 $515,000 2 2.1 1734 TOWNHSE 34
4555 WILDWOOD ST $499,000 $527,600 3 2 1565 DETACHD 6
17288 TUALATIN ST $598,800 $621,000 3 2.1 1820 DETACHD 3
14145 REDWOOD CT $675,000 $642,000 4 3 2558 DETACHD 71
4 BERNINI CT $665,000 $665,000 4 3 3028 DETACHD 10
4051 VIRGINIA WAY $679,333 $703,333 3 2 1750 DETACHD 2
1235 ANDREWS RD $775,000 $776,500 3 2 2506 DETACHD 3
19240 BRYANT RD $799,000 $805,000 4 3 3452 DETACHD 3
754 OAK MEADOW CT $839,900 $851,000 4 2.1 3283 DETACHD 4
13864 AMBERWOOD CIR $900,000 $892,500 4 2.1 3115 DETACHD 4
2715 GLEN EAGLES RD $950,000 $900,000 4 2 2500 DETACHD 130
64 BERWICK RD $949,000 $915,000 4 3.1 3740 DETACHD 23
18151 WESTVIEW DR $895,000 $925,000 5 3.1 3827 DETACHD 3
4305 UPPER DR $950,000 $940,000 5 2.1 3483 DETACHD 191
13507 STREAMSIDE DR $999,000 $1,004,000 4 3.1 3716 DETACHD 2
2643 RIVENDELL RD $1,100,000 $1,020,000 5 3.1 3466 DETACHD 47
1619 BAY VIEW LN $1,224,000 $1,060,000 5 3.1 4922 DETACHD 237
4643 FIRWOOD RD $1,099,000 $1,075,000 3 2.1 2790 DETACHD 25
16206 REESE RD $1,449,900 $1,433,250 4 3.1 3631 DETACHD 0
15567 VILLAGE DR $1,695,000 $1,680,000 5 4 4934 DETACHD 2
16828 ALDER CIR $1,795,000 $1,738,030 3 3 2363 DETACHD 99

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.

Be Careful When Wiring Funds

One of the urgent issues that has developed in real estate, and in pretty much any area where large amounts of money are being transferred via wire, is wire fraud. We are all learning to be defensive in what we open that comes into our email in boxes. Never open a link from someone you don’t know, that sort of thing. But the wire fraud scam is very clever. Here is how it works. Thieves hack into email accounts and look for activity that could be a good target. Things like emails from Realtors and Title Companies. They then do an outstanding job of duplicating the official look of the people involved and they watch and wait for when it looks like the sale is coming to the point of money exchanging hands. Then they strike by sending out an official-looking email that tells the recipient to wire their funds needed to close to an account that they have set up. Being a good party to the transaction, the victim wires the requested funds. Boom. They’ve just been ripped off.

The biggest victim I’ve heard of using this technique was Southern Oregon State University. In the course of building a new building on campus they fell victim to someone claiming to be a contractor who needed to be paid. The loss was over a million dollars.

So beware. Realtors and Title companies know this is going on and are taking strong measures to protect clients. I personally have set up a double layer password system that requires a code sent to my cell phone to access my email account. From my end I am working very hard to not be hacked. But there are a few things that you can do as well.

1. Protect email accounts: Perpetrators of wire fraud often carry out their crimes after having hacked an email account. Use a strong password, change it periodically and use two factor authentication on any accounts used in connection with real estate closings. Customers should be strongly encouraged to do the same.

2. Call, don’t email: Customers should confirm all wiring instructions verbally before transferring funds. They should independently verify the phone number of the settlement agent or closing attorney (e.g. website, purchase contract, business card, etc.).

3. Be suspicious: It’s not common for wiring instructions and payment info to change. It’s also not common for the lender to provide wire instructions. A good mortgage company will never provide wire instructions to its homebuyers.

4. Confirm it all: Customers should ask their bank to confirm not only the account number but also the ABA routing number and the name on the account before sending a wire.

5. Verify immediately: Customers should contact the settlement agent or closing attorney to validate that the funds were received. Detecting that funds were sent to the wrong account within 24 hours offers the best chance of recovering the money.

6. Forward, don’t reply: When responding to an email, click on forward instead of reply and then start typing in the person’s email address. Criminals use email addresses that are very similar to the real one for a company. By typing the email addresses, it’s easier to identify if you’re a target of fraud.

7. Use a cashier’s check instead: Customers should consider not wiring funds at all. They should speak with the settlement agent or closing attorney about the procedures for using a cashier’s check instead of sending their funds by wire.

Be smart and be safe out there.

Market Activity May 21-27, 2018

Looking at the real estate activity in Lake Oswego last week what stands out to me is just how balanced it is. We had nearly identical numbers with 28 new listings, 25 Pending sales, and 29 closed sales. This means that properties are coming onto the market at the same rate that they are selling. It feels very balanced and healthy for both buyers and sellers.

Following is the breakdown for you according to RMLS:

New on the Market (May 21-27, 2018)

Address Type Price BR Baths Sq Ft
4 Touchstone #114 Condo $189,900 2 2 984
3852 Botticelli St Condo $279,000 3 2 1224
5225 Jean Rd #107 Condo $279,900 2 2 1200
48 Eagle Crest Dr 1C Condo $285,000 2 2 1370
12868 Boones Ferry Rd Condo $399,900 2 2.5 1136
17802 Hillside Way Detached $585,000 4 2.5 3026
18 Juarez St Detached $595,000 3 2.5 2521
775 Boca Ratan Dr Detached $599,000 4 3.5 2710
4220 Albert Circle Detached $615,000 4 3 2405
5564 Bonita Rd Detached $649,000 3 2.5 2435
3612 Tempest Dr Detached $695,000 4 3 2819
57 View Ct Detached $755,000 4 2 2600
13000 Rogers Rd Detached $769,900 3 2.5 3252
2251 Summit Dr Detached $799,000 3 3 2874
630 9th St Detached $849,000 4 3 2576
14274 Kimberly Circle Detached $869,000 4 2.5 3231
1828 Palisades Terrace Detached $880,000 4 2.5 3264
981 Cumberland Pl Detached $899,000 4 2 3339
5047 Woodcrest Ln Detached $925,000 4 3.5 3713
16176 Matthew Ct Detached $930,000 4 2.5 3474
515 5th St Detached $995,000 2 1.5 2295
13589 Rogers Rd Detached $1,099,950 4 4 3302
15780 Twin Fir Rd Detached $1,155,000 4 2.5 3107
16717 Sylvan Ct Detached $1,200,000 5 3.5 4953
13575 Meadowcreek Ln Detached $1,239,000 4 2.5 3370
13707 Fielding Rd Detached $1,295,000 4 3 3337
15845 Oswego Shore Ct Detached $2,150,000 4 4.5 5500
1845 Highlands Loop Detached $2,695,000 4 3.5+.5 5001

Pending Sales (May 21-27, 2018)

Address Type Price BR Baths Sq Ft CDOM
322 Cervantes Circle Condo $190,000 2 1 832 8
44 Eagle Crest Dr #29 Condo $194,500 1 1 798 5
20 Cervantes Circle Condo $200,000 2 1.5 912 9
4 Touchstone #62 Condo $209,900 3 2.5 1351 129
26 Cervantes Circle Condo $215,000 2 1.5 912 6
1408 Laurel St Detached $300,000 3 1 850 0
3672 Spring Ln 4A Condo $329,900 2 2 1117 7
16880 Cortez Ct Detached $395,000 3 2.5 1991 19
16141 Parker Rd Detached $435,000 3 1 1008 24
1991 Greentree Rd Detached $625,000 4 3 2655 89
4690 Auburn Ln Attached $649,900 3 3.5 2750 98
13805 Regency Ct Detached $659,000 4 2.5 2087 6
4910 Lower Dr Detached $659,900 3 2.5 2151 196
97 Garibaldi Detached $749,000 3 2.5 3559 4
1128 Lake Shore Rd Detached $799,000 2 1 1397 22
5676 Suncreek Dr Detached $869,000 4 3.5 3312 32
940 Cumberland Rd Detached $895,000 4 3 2992 3
540 Northshore Rd Detached $899,000 4 3 2646 1
475 Iron Mountain Blvd Detached $899,900 4 3.5 3254 23
1563 Bay View Ln Detached $1,199,999 5 4.5 5615 322
4250 Lords Ln Detached $1,249,000 4 3.5 3516 299
1620 Fernwood Dr Detached $1,279,900 3 3.5 3371 47
18137 Meadowlark Ln Detached $1,299,000 4 4.5 5306 258
18475 Crestlline Dr Detached $1,680,000 4 4.5 4740 291
1925 Cheryl Ct Detached $1,848,000 4 5.5 5869 26

Sold/Closed (May 7-13, 2018)

Address Type List Price Sold Price Sq Ft CDOM
750 1st St E33 Condo $197,000 $170,000 986 78
125 Oswego Summit Condo $180,000 $180,000 764 10
4 Touchstone #68 Condo $199,900 $193,798 984 3
52 Oswego Summit Condo $204,900 $204,900 705 15
4 Touchstone #148 Condo $224,900 $205,000 1351 159
3866 Botticelli St #27 Condo $286,500 $278,000 1132 18
668 McVey Ave #74 Condo $285,000 $279,500 636 26
6070 Lakeview Blvd Detached $350,000 $355,000 1416 5
5442 Jean Rd Detached $359,900 $359,900 1224 16
56 Condolea Terrace Condo $575,000 $529,000 2958 161
17323 Ashley Ct Attached $525,000 $535,000 2117 137
3827 Bass Ln Detached $589,000 $584,000 2302 42
3300 Southshore Blvd Detached $599,000 $599,000 1062 8
17915 Ridge Lake Dr Detached $650,000 $615,000 3304 431
17960 Ridge Lake Dr Detached $750,000 $715,000 3124 10
17622 Brookhurst Dr Detached $789,000 $785,000 2909 3
1691 Highland Dr Detached $799,900 $800,000 3314 17
691 7th St Detached $889,500 $850,500 2450 9
18840 Hill Top Rd Detached $1,195,000 $890,000 4216 584
4242 Cobb Way Detached $879,000 $899,000 2337 1
1875 Fernwood Dr Detached $1,249,900 $1,200,000 3279 74
490 G Ave Detached $1,349,000 $1,339,900 2959 0
2230 Wembley Park Rd Detached $1,449,950 $1,400,000 4597 216
16819 Greenbrier Rd Detached $2,250,000 $1,600,000 3022 549
18222 Siena Dr Detached $1,595,000 $1,691,100 3998 2
1955 Highlands Loop Detached $1,995,000 $1,925,000 4012 25
16865 Greenbrier Rd Detached $2,595,000 $2,495,000 6104 33
1210 Chandler Rd Detached $3,488,000 $3,150,000 7455 34
758 Southview Rd Detached $3,800,000 $3,800,000 5179 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.

News & Notes ~ April 2018

Greetings to our Property Blotter readers!  The market is in full swing~

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, April, 2018:
    • There were 3,990 New Listings in April 2018 which was up 6.1% from April of 2017’s 3,759, and up 9.4% from the previous month/March of 2018’s total of 3,648.
    • At 2,523, April Closed Sales were up 13.7% from April 2017’s 3,088, and up 6.4% from the previous month/March 2018’s total of 2,371.
    • April’s Pending Sales (accepted offers), at 3,008 dropped 2.6% from April of 2017’s 3,043, but were up 3.9% from the previous month/March 2018’s total of 2,894
    • The Average Sale Price in April of $452,000 was up $23,200 from April 2017’s $428,800, and also up from March 2018’s $445,900 by $6,100.   

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

  • North Portland:  $428,500              6.0%   (Mar 438,700)
  • NE Portland:  $491,000                   7.6%   (Mar 478,900)
  • SE Portland:  $422,400                   7.7%   (Mar 418,600)
  • Gresham/Troutdale:   $348,400   11.6%   (Mar 356,400)
  • Milwaukie/Clackamas:  $430,200  8.7%   (Mar 423,400)
  • Oregon City/Canby:   $419,300      6.5%   (Mar 396,500)
  • Lake Oswego/West Linn:$630,500 6.6%   (Mar 631,100)
  • West Portland:    $598,800             2.3%   (Mar 597,200)
  • NW Wash County:  $525,700          6.1%   (Mar 550,200)
  • Beaverton/Aloha:     $394,600        9.0%   (Mar 386,000)
  • Tigard/Wilsonville:   $491,900        8.4%   (Mar 456,700)
  • Hillsboro/Forest Grove: $389,700  9.2%   (Mar 403,800)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for the month of March 2018 reported:

    •  341 Active Listings   (Mar 306)
    •  261 New Listings     (Mar 225)
    •  192 Pending Sales  (Mar 188)
    •  154 Closed Sales      (Mar 117)
    • Average Sale Price for April: $630,500  (Mar 631,100)
      • 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.
    •  63 Average Days on the Market   (Mar 82)

Market Activity ~ May 14-20, 2018

Last week 39 New properties entered the market in Lake Oswego, 31 moved to Pending status, and 19 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (May 14-20, 2018)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #51 $169,000 1 1 620 CONDO
322 CERVANTES CIR/Grnd $190,000 2 1 832 CONDO
16250 PACIFIC HWY #51 $192,500 1 1 841 CONDO
20 CERVANTES CIR $200,000 2 1.1 912 CONDO
26 CERVANTES CIR $215,000 2 1.1 912 CONDO
44 EAGLE CREST DR #1 $230,000 2 1 908 CONDO
3672 SPRING LN #4A $329,900 2 2 1117 CONDO
3101 MCNARY PKWY #6 $395,000 3 2.1 1834 CONDO
668 MCVEY AVE #58 $415,000 3 1.1 992 CONDO
14332 SHERBROOK PL $524,900 3 2.1 1770 DETACHD
17268 FERNWOOD DR $525,000 3 2 2086 DETACHD
8 GROUSE TER $569,000 4 3 2658 DETACHD
5153 JEAN RD $570,000 8 3 2400 DETACHD
328 4TH ST $624,900 2 2.1 1731 TOWNHSE
4515 OAKRIDGE RD $630,000 3 2.1 1981 ATTACHD
13805 Regency CT $659,000 4 2.1 2087 DETACHD
5540 BAY CREEK DR $675,000 3 3 2130 DETACHD
605 COUNTRY CLUB RD $689,000 5 3.1 3422 DETACHD
2765 GLEN HAVEN RD $695,000 4 2.1 2277 DETACHD
17790 OVERLOOK CIR $699,900 4 3 3637 DETACHD
45 AQUINAS ST $699,900 4 2.1 2981 DETACHD
156 DEL PRADO ST $700,000 5 4 4862 DETACHD
17986 SAINT CLAIR DR $725,000 4 3 2750 DETACHD
12 JUAREZ ST $749,000 4 3.2 3735 DETACHD
17502 ERIN CT $749,900 4 3 3056 DETACHD
4 HILLSHIRE DR $804,950 4 2.2 3232 DETACHD
2398 PALISADES CREST DR $829,900 4 2.1 3362 DETACHD
5772 BAY CREEK DR $849,000 5 3 3242 DETACHD
1500 EASTVIEW CT $849,000 4 3.1 3946 DETACHD
13984 CHELSEA DR $864,900 4 2.1 3216 DETACHD
18269 TAMAWAY DR $885,000 4 2.1 3293 DETACHD
18018 GIMLEY CT $890,000 4 3 3612 DETACHD
17960 MEADOWLARK LN $899,000 4 3.1 3400 DETACHD
4145 CHAD DR $929,900 4 2.1 3337 DETACHD
18955 BRYANT RD $1,025,000 4 2.1 3647 DETACHD
116 NORTHSHORE RD $1,100,000 4 2 2702 DETACHD
1180 CHERRY LN $1,150,000 4 4.1 4248 DETACHD
17432 KELOK RD $1,275,000 4 2.1 3023 DETACHD
140 BERWICK RD $1,395,000 4 2.1 3114 DETACHD

PENDING SALES (May 14-20, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
40 OSWEGO SMT/Upper $215,000 2 2 1140 CONDO 4
4 TOUCHSTONE #77 $239,000 3 4.1 1351 CONDO 27
1857 BOCA RATAN DR $388,000 3 2 1611 TOWNHSE 3
18543 DON LEE WAY $400,000 3 1 1099 DETACHD 7
110 KINGSGATE RD $419,900 3 2.1 1669 DETACHD 68
18319 TERRY CT $434,850 3 1.1 1191 DETACHD 4
1137 SPRUCE ST $479,900 3 2 1214 DETACHD 3
106 KINGSGATE RD $489,900 3 2.1 1669 DETACHD 5
19200 REDWING CT $499,900 4 3 2128 DETACHD 41
8 SHERWOOD CT $529,900 3 3.1 3212 DETACHD 138
14555 SHERBROOK PL $549,900 4 2.1 2942 DETACHD 8
1250 HEMLOCK ST $649,900 5 2 2465 DETACHD 13
4007 BRIAN CT $650,000 4 2.1 2282 DETACHD 5
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD 15
17423 OAK MEADOW LN $720,000 3 2.1 3125 DETACHD 132
20 INDEPENDENCE AVE $724,900 4 3 3900 DETACHD 4
6615 MCEWAN RD $775,000 3 1.1 1492 DETACHD 208
3766 RIVERS EDGE DR $799,000 5 3.1 3428 DETACHD 3
808 TIMBERLINE DR $799,000 4 2.1 3276 DETACHD 81
2484 MARYLSHIRE LN $799,000 4 3.1 4168 DETACHD 30
18360 DELENKA LN $899,900 5 3.1 4349 DETACHD 2
3144 GLENMORRIE DR $899,900 3 2.1 2582 DETACHD 132
19158 MEGAN PL $900,000 4 3.1 4910 DETACHD 50
13020 KNAUS RD $949,000 3 2.1 2545 DETACHD 2
14053 AMBERWOOD CIR $975,000 4 3 3126 DETACHD 4
3940 Canal RD $1,050,000 4 3.1 3838 DETACHD 69
17492 REDFERN AVE $1,099,900 3 2.1 2828 DETACHD 6
2057 SUMMIT DR $1,195,000 4 3.1 4694 DETACHD 105
13615 WESTLAKE DR $1,350,000 4 4.1 4050 DETACHD 130
5220 FIRWOOD RD $1,495,000 3 2.1 2507 DETACHD 9
3300 UPPER DR $2,000,000 4 2 2200 DETACHD 5

SOLD (May 14-20, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #510 $250,000 $246,900 1 1 830 CONDO 45
5262 ROSEWOOD ST $400,000 $400,000 3 1 1550 DETACHD 7
15256 BOONES WAY $490,000 $477,500 3 2.1 1618 ATTACHD 35
19253 CHILDS CT $530,000 $500,000 3 2 1687 DETACHD 39
4 WESTMINSTER DR $585,000 $585,000 4 3 2142 DETACHD 1
17647 HILL WAY $559,900 $587,900 3 2 1787 DETACHD 4
13861 SHIREVA CT $625,000 $651,000 4 2.1 2377 DETACHD 5
2033 RIDGEWOOD RD $699,000 $680,000 4 2.1 2668 DETACHD 622
343 3RD ST $685,000 $685,000 3 3.1 2044 TOWNHSE 5
16731 ALDER CIR $699,000 $715,000 3 2.1 2301 DETACHD 7
2 SHERWOOD CT $725,000 $750,000 5 3.1 3306 DETACHD 1
2325 OAKHURST LN $789,000 $780,000 5 2.1 3627 DETACHD 51
496 10TH ST $850,000 $850,000 4 2 2854 DETACHD 15
13101 AMBER PL $1,110,000 $872,000 4 2.1 3817 DETACHD 178
4904 LOWER DR $864,900 $874,900 4 3 2844 DETACHD 3
16805 OLD RIVER DR $875,000 $885,000 3 2 1728 DETACHD 9
18171 BRYANT RD $1,247,000 $1,198,000 3 2.1 2984 DETACHD 201
937 F AVE $1,219,900 $1,200,000 5 3 2736 DETACHD 57
752 E AVE $1,250,000 $1,250,000 3 3 2818 DETACHD 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.

Fun with Fido

Hazelia Field’s “shy” dog park

The livability of a community has so much to do with what is available to use and to enjoy. It’s a big part of the reason that I personally moved to Lake Oswego and why I continue to enjoy living here. This is important to me for my own enjoyment and also for the enjoyment of those I love, including my pets.

I think it’s rather impressive that a town the size of LO, not a very big town with just shy of 39,000 people, has 4 dog parks. All 4 of them have off leash areas.

A well-earned drink

Pilkington Park (19043 Pilkington Rd) and McNary Park (47 Becket) both have big grassy areas that allow dogs to enjoy off-leash play. These parks are not fenced in. They are open from March 15-September 15 each year.

Hazalia Field (17800 Stafford Rd) is the most impressive of the off-leash dog parks. It has two separate fenced in areas, one for normal dogs and one for shy or timid dogs. Seriously, do you know of any other town that has an off-leash dog park for shy dogs? The fenced in areas are impressive with double-gated entries to allow you to enter the park with your dog leashed and then take the leash off before you open the second gate to let them charge out to play. This park is open all year round.

Well-designed entry

The newest dog park, and what prompted me to want to write this post, just opened about a mile from my house in West Waluga Park (15775 Waluga Dr). Like the park at Hazalia Field it has a big fenced in area with a double-gated entrance. This park is open March 15-September 15.

A well-exercised dog is a well-behaved dog. With this beautiful spring weather get out there and let Fido loose. He needs a good romp just like the rest of us.
Dianne