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.

Contact: Dianne | Linda

Subscribe by EMail

Enter your email address:



Brought to you by:

Market Activity Sept 10-16, 2018

I think we are at an interesting juncture in the real estate market. We have all heard of a “buyer’s” market, where buyers are in control, and a “seller’s” market, where sellers get what they want. I think right now our market is very balanced. I look at the closed and pending sales from last week, combined they equal 41 properties, and 13 of them, about 25%, sold in less than 2 weeks. 11 took more than 3 months to sell. Bottom line is price your property right and you will sell quickly and likely have a very smooth transaction. Over pricing leads to extended market time. That is just how it works.

Last week in Lake Oswego we had 17 new listings, 21 properties go into pending status, and 20 closed/sold homes.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 10-16, 2018)

Address Type Price BR Baths Sq Ft
100 Kerr Parkway #19 Condo $169,900 1 1 617
6925 Montauk Circle Condo $215,000 2 1 927
4 Touchstone #155 Condo $219,900 3 2.5 1351
5225 Jean Rd Condo $264,900 2 2 1098
4043 Jefferson Parkway Condo $289,900 2 2.5 1182
110 Kingsgate Rd Detached $494,900 3 2.5 1669
14311 Sherbrook Pl Detached $498,000 3 2 1702
63 Greenridge Ct Attached $549,000 3 2 1789
17 Laurel St Detached $575,000 3 1.5 3096
6474 Frost St Detached $649,900 4 2.5 2216
6123 Frost Ln Detached $650,000 4 2.5 2338
1010 Upper Devon Ln Detached $699,000 4 2.5 3066
6044 Clairmont Ct Detached $989,900 4 2.5 3430
1813 Palisades Lake Ct Detached $1,015,000 5 3.5 4119
19114 35th Pl Detached $1,200,000 4 4.5 5447
19025 Hilltop Detached $1,975,000 5 4 5015
4101 Southshore Blvd Detached $3,995,000 3 3.5 3707

Pending Sales (Sept 10-16, 2018)

Address Type Price BR Baths Sq Ft CDOM
39 Oswego Summit Condo $220,000 2 2 1212 88
4652 Lower Dr Condo $220,000 2 1.5 1170 64
1033 Hallinan St Detached $414,900 3 1 936 16
4301 Collins Way Detached $519,000 3 2 1617 21
17310 Canyon Dr Detached $550,000 5 3 2716 106
775 Boca Ratan Dr Detached $550,000 4 3.5 2710 113
553 6th St Detached $579,000 1 1 1876 38
36 Westridge Dr Detached $584,999 4 3 2803 59
145 Del Prado St Detached $600,000 3 2 2137 25
17036 Crestview Dr Detached $620,000 4 3 2768 91
13055 Princeton Ct Detached $625,000 4 2.5 3142 42
4515 Oakridge Rd Attached $630,000 3 2.5 1981 124
5700 Ridgetop Ct Detached $674,000 4 2.5 2737 8
17436 Wren Ct Detached $715,000 3 3 2311 32
2013 Ridgewood Rd Detached $734,300 4 2.5 3181 79
350 6th ST Detached $749,000 3 3 2329 70
4896 Hastings Dr Detached $799,900 4 2.5 2785 2
452 7th St Detached $1,050,000 4 2.5 2600 61
2277 Summit Dr Detached $1,150,000 4 3.5 4659 66
3817 Upper Dr Detached $1,629,000 4 3.5 4246 3
2090 Crest Dr Detached $1,695,000 3 2.5 3258 59

Sold/Closed (Sept 10-16, 2018)

Address Type List Price Sold Price Sq Ft CDOM
92 Oswego Summit Condo $175,000 $175,000 764 2
109 Oswego Summit Condo $234,900 $237,900 1212 4
236 Ridgeway Rd 16A Condo $250,000 $250,000 914 10
5225 Jean Rd #501 Condo $349,900 $349,900 1500 6
9 Oriole Ln Detached $429,000 $411,000 1928 159
16060 Bonaire Ave Detached $389,000 $450,000 960 3
1660 Woodland Terrace Detached $509,000 $497,090 2728 188
17141 Hofer Ct Detached $515,000 $530,750 2076 5
1459 Greentree Circle Detached $595,000 550000% 1716 29
2401 Hillside Dr Detached $649,900 $649,900 3342 15
1435 Greentree Circle Detached $650,000 $650,000 2269 2
55 Northshore Rd #1 Condo $759,000 $765,000 2750 54
17682 Stafford Rd Detached $975,000 $975,000 3313 74
1828 Egan Way Detached $1,195,000 $1,050,000 3779 340
1563 Bay View Ln Detached $1,740,000 $1,057,000 5615 396
790 Terrace Dr Detached $1,195,000 $1,112,500 3734 125
17210 Cedar Rd Detached $2,095,000 $1,875,000 2813 40
260 Iron Mountain Blvd Detached $2,798,000 $2,400,000 6048 802
13188 Twin Creek Ct Detached $859,000 $850,000 3480 20
418 Northshore Rd Detached $1,098,000 $935,000 2838 190

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.

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>