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 16, 2019-Jan 5, 2020

This market activity report is extremely encouraging. During the slowest part of the year for real estate sales, Lake Oswego had 26 houses go into pending status and 38 closed sales. Seriously, these are people who have busy lives and the holidays compounds that. Yet, they were out buying houses. That is a lot of activity over the holidays. Then notice that only 6 properties came onto the market during that same time period. I think this explains why 11 of the 26 pending sales had been on the market for over 100 days. 2 had been on the market for over 400 days! The inventory is low and that gave new life to some older listings. It is a great time to put your house on the market. Buyers are out there and houses are selling. Nice!

Following is the breakdown for you according to RMLS:

New on the Market (Dec 16, 2019-Jan 5, 2020)

Address Type Price BR Baths Sq Ft
4000 Carman Dr B31 Condo $265,000 2 2 993
3 Garibaldi St Detached $749,900 3 3 3137
13456 Provincial Hill Way Detached $875,000 3 2.5 3071
384 5th St Attached $899,900 2 3.5 1957
382 5th St Attached $899,900 2 3.5 1957
6463 Mission Ct Detached $1,165,000 3 3.5 3547

Pending Sales (Dec 16, 2019-Jan 5, 2020)

Address Type Price BR Baths Sq Ft CDOM
202 Cervantes Condo $190,000 2 2 890 212
213 Cervantes Condo $229,999 2 1.5 1216 115
124 Oswego Summit Condo $234,999 2 2 1140 233
668 McVey Ave #74 Condo $289,000 1 1 636 132
4085 Jefferson Pkwy Condo $319,000 2 2.5 1302 85
5060 Foothills Dr B Condo $350,000 2 2 1252 70
22 Condolea Dr Condo $385,000 2 2 1448 132
1408 Cedar St Detached $425,000 3 1 1104 1
4456 Sunset Dr Detached $495,000 4 2 2024 8
38 Briarwood RD Detached $500,000 7 2.5+.5 2554 483
2950 Greentree Rd Detached $517,500 3 2 3002 13
19211 Indian Springs Rd Detached $554,900 4 3 2132 350
1010 Laurel St Detached $559,900 2 2 2498 36
4045 Bass Ln Detached $599,000 4 2.5 2158 109
4511 Oakridge Rd Attached $629,000 3 2.5 2129 51
4221 Cobb Way Detached $679,900 3 2 1724 3
14024 Edenberry Ct Detached $860,000 4 2.5 3183 3
3 Dover Way Detached $910,000 5 3.5+.5 4988 130
4120 Canal Rd Detached $950,000 4 3.5 4104 88
13637 Westlake Dr Detached $1,129,500 4 4.5 3927 606
4316 Upper Dr Detached $1,150,000 4 3.5 4376 257
3962 Bass Ln Detached $1,290,000 4 3.5 3707 29
3250 Fir Ridge Rd Detached $1,349,000 4 3.5 3541 105
1290 Andrews Rd Detached $1,379,000 4 3 3610 11
19097 Bryant Rd Detached $1,499,900 4 4 3556 31
1159 Lake Front Rd Detached $1,848,800 5 4 3756 10

Sold/Closed (Dec 16, 2019-Jan 5, 2020)

Address Type List Price Sold Price Sq Ft CDOM
16 Crestfield Ct Condo $199,900 $175,000 552 309
4 Touchstone #76 Condo $180,000 $188,000 984 20
15938 Quarry Rd 5B Condo $225,000 $228,500 996 3
164 Oswego Summit Condo $249,000 $230,000 1383 116
3433 McNary Pdwy #107 Condo $235,000 $230,000 1008 6
200 Burnham Rd #400 Condo $234,900 $235,000 948 5
4000 Carman Dr C37 Condo $249,000 $235,000 836 34
4057 Jefferson Pkwy Attached $295,000 $293,000 1247 24
16250 Pacific Hwy #76 Condo $325,000 $325,000 1745 74
4282 Woodside Circle Attached $385,000 $325,000 1444 29
6315 Dawn St Detached $499,900 $465,000 1934 127
16946 Lower Meadows Dr Detached $525,000 $518,500 1792 20
3903 Tempest Dr Detached $640,000 $520,000 2410 138
1775 Cloverleaf Rd Detached $549,900 $549,900 2238 5
5554 Royal Oaks Dr Detached $595,000 $589,500 1861 3
12396 Clara Ln Detached $600,000 $600,000 2007 37
11 Falstaff St Detached $605,000 $605,000 3001 4
41 Tanglewood Dr Detached $659,900 $605,000 3001 162
4981 Hampton Ct Detached $619,000 $619,000 2440 60
5709 Charles Circle Detached $772,850 $712,000 2912 109
364 Northshore Rd Detached $769,000 $765,000 2220 10
4031 Orchard Dr Detached $795,000 $785,000 3271 89
1952 Egan Way Detached $1,200,000 $830,000 2961 191
13711 Melrose Pl Detached $919,000 $863,000 3742 108
615 Lake Bay Ct Detached $999,999 $875,000 2555 129
2151 Crest Dr Detached $975,000 $880,000 4690 139
1451 Greentree Circle Detached $929,900 $881,250 2300 84
19253 Childs Ct Detached $989,000 $912,000 2675 170
531 Laurel St Detached $985,000 $925,000 2771 128
17808 Hillside Way Detached $995,900 $975,000 3166 118
2013 Ridgewood Rd Detached $1,248,000 $1,020,000 4116 231
828 8th St Detached $1,188,000 $1,050,000 4116 231
1287 Bickner St Detached $1,195,000 $1,065,000 2665 158
1990 Indian Trail Detached $1,150,000 $1,099,000 3557 33
3177 Stonebridge Way Detached $1,598,000 $1,320,000 5097 406
3122 Upper Dr Detached $1,349,000 $1,320,000 3939 196
13596 Goodall Rd Detached $1,599,000 $1,579,000 3552 205
2020 Summit Dr Detached $3,000,000 $2,900,000 1740 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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