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 Jan 28-Feb 3, 2019

So much for the mild winter I wrote about 2 weeks ago. We had a dusting of snow on Monday and we have a wintry forecast for the next week or so. I love it. It just wouldn’t be a proper winter without a couple days with snow on the ground.

Last week the market activity was a bit weird. We had 19 properties come onto the market. That’s a good number and what I would expect to see as we build toward the spring. We only had 8 go into pending status. That strikes me as really low. We also had 11 become finalized sales. That seems normal as these would be the houses that sold over the holidays.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 28-Feb 3, 2019)

Address Type Price BR Baths Sq Ft
108 Oswego Summit Condo $169,900 1 1 764
42 Cervantes Circle Condo $210,000 2 1.5 912
218 Ridgeway Rd Condo $284,000 2 1 914
18820 65th Detached $485,000 4 2.5 2268
3283 Duncan Dr Detached $575,000 4 3 2915
2099 Wembley Pl Detached $689,000 4 2.5 3544
18034 Westview Dr Detached $699,900 4 2.5 3544
3943 Tempest Dr Detached $749,900 4 2.5 3714
5015 Parkhill St Detached $775,000 3 3 2628
1604 Campus Way Detached $795,000 3 2.5 2607
17644 Tree Top Ln Detached $820,000 4 3.5 4240
4028 Orchard Dr Detached $825,000 4 2.5 3343
5364 Langford Ln Detached $869,999 3 2.5 3022
13915 Sundeleaf Dr Detached $1,085,000 4 3.5 4090
179 Iron Mountain Blvd Detached $1,175,000 5 4.5 5245
1525 Maple St Detached $1,200,000 4 3.5 3154
792 2nd St Detached $1,269,900 4 3 2786
748 1st St Detached $1,799,900 5 4 3854
17484 Bryant Rd Detached $1,269,900 4 3.5 3615

Pending Sales (Jan 28-Feb 3, 2019)

Address Type Price BR Baths Sq Ft CDOM
106 Oswego Summit Condo $235,000 2 2 1140 7
16790 Lake Forest Blvd Detached $334,999 2 1 780 128
16880 Cortez Ct Detached $455,000 3 2.5 2313 21
5228 Bonita Rd Detached $479,999 3 2 1310 166
6267 Wayzata Ct Detached $520,000 3 2 1504 3
5262 Rosewood St Detached $600,000 3 2 2275 100
5515 Langford Ln Detached $600,000 2 2 1830 2
905 Laurel St Detached $939,000 3 3.5 2906 5

Sold/Closed (Jan 28-Feb 3, 2019)

Address Type List Price Sold Price Sq Ft CDOM
3433 McNary Pkwy #305 Condo $220,000 $215,000 1208 58
46 Cervantes Circle Condo $225,000 $226,000 912 68
750 1st St A10 Condo $250,000 $250,000 1350 0
19220 Red Wing Ct Detached` $504,900 $499,000 1647 42
17330 Grandview Ct Detached` $865,000 $722,694 3857 257
13978 Westcott Ct Detached` $985,000 $905,000 3267 199
2060 Indian Trail Detached` $1,250,000 $1,150,000 2387 30
19155 Bryant Rd Detached` $1,299,900 $1,299,900 3371 6
3123 Douglas Circle Detached` $1,549,000 $1,520,000 3664 102
1657 Lake Front Rd Detached` $2,795,000 $2,275,000 3721 485
610 Cabana Ln Detached` $4,000,000 $4,000,000 4796 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.

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