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

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Market Activity March 23-29, 2020

Based upon the numbers from last week’s market activity, I think we are seeing a contraction in the market place. In Lake Oswego we had 11 properties come onto the market, 8 move into pending status, and 14 sold/closed sales. The silver lining is that of the 8 pending sales, 6 sold in less than a week. So buyers are out there and they are ready to make a move.

I also want to say that Linda and I have been in this business long enough, through 9/11 and the great recession, to know that real estate never stops. This is because people’s lives happen. Babies are born, folks get divorced or transferred, life does not stop. If you need to make a move, you can still do that. Linda and I will do everything in our power to make your move as smooth as possible. We are here to help.

Following is the breakdown for you according to RMLS:

New on the Market (March 23-29, 2020)

Address Type Price BR Baths Sq Ft
42 Cervantes Circle Condo $195,000 2 1.5 912
5225 Jean Rd #208 Condo $265,000 2 2 1100
16250 Pacific Hwy #59 Condo $359,900 2 2 1305
5237 Dawn St Detached $494,800 3 5-Jan 1412
4900 Indian Creek Ct Detached $624,900 4 3 2124
934 Ash St Detached $724,900 4 2.5 1982
620 1st St Attached $750,000 3 3.5 1916
14655 Uplands Dr Detached $899,000 3 2 2462
13005 Sierra Vista Dr Detached $899,900 4 2.5 3448
1658 Village Park Ln Detached $1,258,000 4 3.5+.5 4634
16793 Graef Circle Detached $2,695,000 4 3.5 4220

Pending Sales (March 23-29, 2020)

Address Type Price BR Baths Sq Ft CDOM
15490 Brianne Ct Attached $329,000 2 2.5 1250 5
6313 Alyssa Terr Attached $389,000 3 2.5 1546 1
731 Clara Ct Detached $629,000 4 2.5 2700 1
17200 Canal Circle Detached $665,000 3 1.5 1774 6
4036 Melissa Dr Detached $849,900 4 3.5 3118 2
17896 Kelok Rd Detached $859,000 6 6 4093 212
2025 Wembley Park Rd Detached $899,900 3 2.5 2700 204
324 4th St Attached $625,000 2 2.5 1731 3

Sold/Closed (March 23-29, 2020)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd Condo $269,900 $249,000 938 25
3834 Botticelli St Condo $279,500 $273,000 1,055 239
750 1st ST B3 Condo $395,000 $395,000 1546 7
68 Greenridge Ct Attached $515,000 $414,000 2868 293
14442 Orchard Springs Rd Condo $539,000 $520,000 1400 62
308 4th St Attached $625,000 $625,000 1731 90
18 Northview Ct Attached $675,000 $640,000 2671 21
780 2nd St Detached $699,900 $696,600 1536 3
4771 Avery Ln Detached $725,000 $785,000 2536 5
5533 Kenny St Detached $799,000 $810,000 2900 5
5340 Greystoke Dr Detached $1,095,000 $1,043,750 2955 34
19175 Stafford Rd Lot 4 Detached $1,529,950 $1,500,000 4524 388
19175 East Side Rd Detached $1,400,000 $1,270,000 5276 657
707 Lake Shore Rd Detached $1,925,000 $1,725,000 2992 98

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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