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 Dec 17, 2018-Jan 6, 2019

This market activity report covers about 3 weeks of activity and serves as a really interesting snap shot of what happens to the real estate market over the holidays. During this period Lake Oswego had 10 new listings, 26 properties go into pending status, and 45 closed sales. I think that Linda and I both have said on numerous occasions that the real estate market keeps chugging along, even at Christmas. This market activity report does a nice job of bearing that out. 25 houses sold! Even more impressive, 45 sales closed! That’s a lot of houses. The weak spot is the number of new listings. It makes sense. If you want to sell your house, it’s simply more convenient to wait until the hub-bub of the holidays is over. But it also illustrates that perhaps this is exactly the perfect time to put your house on the market. The buyers are out there. They are looking at houses and making offers. With the inventory down, and the demand remaining, this is an excellent time to list your house for sale.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 17, 2018-Jan 6, 2019)

Address Type Price BR Baths Sq Ft
47 Eagle Crest Dr #37 Condo $134,900 1 1 672
4642 Lower Dr Condo $199,000 2 1.5 1260
16 Crestfield Ct Condo $199,900 1 1 552
66 Cervantes Circle Condo $225,000 2 1.5 912
200 Burnham Rd #103 Condo $233,000 1 1 800
5850 Kenny St Detached $309,000 3 1 1172
17156 Rebecca Ln Detached $545,000 4 2.5 2026
14425 Holly Springs Rd Detached $569,000 4 3 2238
18381 Heather Ann Ct Detached $880,000 4 2.5 2983
841 Northshore Rd Detached $1,549,000 3 3 2388

Pending Sales (Dec 17, 2018-Jan 6, 2019)

Address Type Price BR Baths Sq Ft CDOM
237 Cervantes Condo $195,000 2 1.5 1216 185
149 Oswego Summit Condo $199,900 2 2 1212 192
3433 McNary Pkwy #305 Condo $220,000 2 2.5 1208 58
199 Oswego Summit Condo $264,900 2 2 1506 93
247 Cervantes Condo $299,999 2 2 1384 131
16811 Lakeridge Dr Detached $358,000 4 2 1870 69
17510 Hill Way Detached $400,000 2 1 2032 5
16224 Lake Forest Blvd Detached $429,900 3 1.5 1300 10
17043 Crestview Dr Detached $499,000 4 2.5 2303 78
4546 Dogwood Dr Detached $500,000 2 1 1010 20
19220 Red Wing Ct Detached $504,900 3 2 1647 42
18440 Sandpiper Circle Detached $509,900 3 2 1447 166
13413 Vermeer Dr Detached $539,900 4 3.5 2529 172
5651 Windfield Loop Detached $569,500 2 2 1622 16
8 Hillshire Dr Detached $595,000 4 2.5 2848 76
15085 Glen Eagles Pl Detached $675,000 4 3 2956 4
12 Da Vinci St Detached $729,000 4 3 2959 158
17390 Grandview Ct Detached $875,000 4 4.5+.5 4502 292
16987 Alder Circle Detached $879,000 2 2.5 1991 407
17494 Lake Haven Dr Detached $1,100,000 2 2 2121 195
19376 Riverwood Ln Detached $1,299,900 3 2.5 3109 260
19155 Bryant Rd Detached $1,299,900 3 3.5 3371 6
1034 Bayberry Rd Detached $1,399,900 3 2.5 2746 17
3123 Douglas Circle Detached $1,549,000 5 3.5 3664 102
612 Cabana Ln Detached $2,350,000 4 4 3862 16
1657 Lake Front Rd Detached $2,395,000 4 3.5 3721 485

Sold/Closed (Dec 17, 2018-Jan 6, 2019)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd G202 Condo $179,500 $140,000 849 91
44 Eagle Crest Dr #2 Condo $175,000 $178,500 798 10
45 Eagle Crest Dr #413 Condo $204,900 $186,000 1056 95
86 Kingsgate Rd A104 Condo $218,000 $190,000 849 54
45 Eagle Crest Dr #305 Condo $199,900 $190,000 1364 40
4 Touchstone #131 Condo $199,900 $191,000 1351 29
15938 Quarry Rd B-4 Condo $219,500 $212,000 991 120
6880 Montauk Circle Condo $220,000 $214,000 924 65
15210 Boones Way Condo $249,900 $249,900 1124 6
4043 Jefferson Pkwy Condo $289,900 $252,000 1182 85
15230 Boones Way 1D Condo $295,000 $256,000 1185 111
112 Touchstone Terr Townhouse $399,000 $280,000 1952 37
5835 Carman Dr Detached $424,900 $390,000 1650 215
6472 Dawn St Detached $399,950 $405,000 1032 99
18133 Tualata Ave Detached $434,950 $430,000 1440 34
16880 Cortez Ct Detached $489,900 $430,800 2313 216
9 Bloch Terr Townhouse $424,900 $432,400 1946 7
1425 Cedar St Detached $489,900 $477,000 1669 52
17869 Lake Haven Dr Detached $475,000 $500,000 2150 5
17411 Tree Top Ln Detached $649,000 $500,000 2150 5
2182 Glenmorrie Dr Detached $485,000 $501,000 1580 8
73 Condolea Way Condo $512,000 $512,000 213 0
4596 Lamont Way Detached $535,000 $513,500 2236 12
1878 Southshore Blvd Detached $595,000 $533,000 2594 180
17802 Hillside Way Detached $585,000 $539,900 3026 177
137 Kingsgate Rd Detached $549,000 $540,000 2372 16
1508 Pine St Detached $579,900 $545,000 2300 134
4141 Chapman Way Detached $565,000 $585,000 2138 4
767 10th St Detached $799,900 $625,000 2820 99
17965 Lake Haven Dr Detached $749,000 $628,400 2764 173
18420 Deer Oak Ave Detached $675,000 $649,000 2327 59
5687 La Mesa Ct Detached $649,900 $649,900 2518 21
2981 Vale Ct Detached $748,900 $706,500 3516 85
808 Ellis Ave Detached $725,000 $722,500 2200 8
2972 Vale Ct Detached $750,000 $725,000 3120 122
13459 Provincial Hill Way Detached $819,900 $800,000 2896 63
161 Furnace St Condo $929,000 $890,000 2134 82
1149 Cherry Ln Detached $937,500 $937,500 3187 29
53 Eagle Crest Dr Detached $1,000,000 $973,200 4918 216
16193 Matthew Ct Detached $995,000 $974,000 4019 41
4743 Upper Dr Detached $1,165,000 $1,079,000 3079 338
13575 Meadowcreek Ln Detached $1,239,000 $1,159,500 3370 174
1175 Westward Ho Rd Detached $1,529,000 $1,402,000 3547 135
1099 Terrace Dr Detached $2,150,000 $1,445,000 4965 725
1075 Chandler Rd Detached $2,207,500 $2,100,000 5710 140

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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