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 Feb 4-10, 2019

Snowy temperatures have given way to 40 degrees and lots of rain. I kinda miss more snow, but I’m grateful for the rain. We need it to stay lush and green this spring and summer.

Market activity last week in Lake Oswego felt more normal than the week before. We had 16 properties come onto the market, 18 properties that went into pending status, and 8 sold/closed homes. What I am watching as we head into the spring market are those pending sales. Strong pending sales, which I think of as being near the same number as new listings, were well balanced.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 4-10, 2019)

Address Type Price BR Baths Sq Ft
100 Kerr Parkway #46 Condo $166,500 1 1 617
10 Oswego Summit Condo $169,900 1 1 764
47 Eagle Crest Dr #3 Condo $207,000 2 1 932
343 5th St #2 Condo $250,000 2 1 910
1349 Bonniebrae Dr Townhouse $329,500 3 1.5 1311
1589 Boca Ratan Dr Townhouse $378,500 3 2 1611
210 S State St #2 Condo $395,000 2 1.5 1715
4765 Firwood Rd Detached $474,000 3 2 1716
875 Lake Forest Dr Detached $499,500 2 1 979
3830 Tempest Dr Detached $599,900 3 2.5 3099
515 Atwater Rd Detached $637,625 3 2.5 2746
13388 Auburn Ct Townhouse $649,500 3 2.5 2492
13581 Rogers Rd Detached $1,099,950 4 2.5 2971
520 C Ave Attached $1,238,000 3 4 3242
3096 Wembley Park Rd Detached $1,575,000 5 4 4165
16470 Phantom Bluff Ct Detached $2,699,900 4 4.5 4975

Pending Sales (Feb 4-10, 2019)

Address Type Price BR Baths Sq Ft CDOM
121 Oswego Summit Condo $185,000 1 1 764 52
200 Burnham Rd #103 Condo $218,000 1 1 800 35
5225 Jean Rd #513 Condo $299,000 3 2 1400 156
293 Cervantes Townhouse $335,000 3 2.5 1384 77
48 Eagle Crest Dr 5B Condo $349,000 3 2 1550 17
16200 Pacific Hwy #26 Condo $410,000 2 2 1190 78
3283 Duncan Dr Detached $575,000 4 3 2915 6
1 Preakness Ct Detached $585,000 4 3 2373 4
838 Ash St Detached $599,000 4 1.5 2741 199
1010 Upper Devon Ln Detached $649,000 4 2.5 3068 144
5474 Bay Creek Dr Detached $649,900 4 2.5 2322 15
3943 Tempest Dr Detached $749,900 4 2.5 3714 4
2120 Ridgewood Rd Detached $779,000 4 2 2382 5
8 Yorick St Detached $799,900 5 3 3451 131
18048 Eastridge Ln Detached $999,900 4 3.5 4336 426
1451 Horseshoe Curve Detached $1,198,000 3 2 2062 13
1122 Bayberry Rd Detached $1,498,000 5 3 3259 19
3130 Douglas Circle Detached $1,595,000 4 3.5 4063 189

Sold/Closed (Feb 4-10, 2019)

Address Type List Price Sold Price Sq Ft CDOM
237 Cervantes Condo $215,000 $187,000 1216 185
48 Crestfield Ct #48 Condo $223,800 $215,000 921 17
16224 Lake Forest Blvd Detached $429,900 $429,900 1300 10
17043 Crestview Dr Detached $539,500 $484,000 2302 78
975 Lund St Detached $579,900 $501,700 2300 106
127 Condolea Dr Condo $529,000 $539,000 2273 4
936 Evergreen Rd Detached $1,975,000 $1,975,000 3772 6
3300 Upper Dr Detached $2,000,000 $2,000,000 2200 5

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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