I thought I’d look at the same approx week last year and see what the stats looked like. Here is the summary: “Last week 29 New properties entered the market, 16 moved to Pending status, and 15 were “Closed”/Sold. There are a total of 237 homes for sale in Lake Oswego right now.”
THIS year/Last week in Lake Oswego, 15 New properties entered the market, 7 moved to Pending status, and 11 were “Closed”/Sold. We also have 211 homes for sale here, right now.
What this tells me is that people were slowed-down on making Offers last week, but properties are still hitting the market, inventory is about the same albeit a little under last year, and the number of sales is pretty close to what it was a year ago. Basically… I get the feeling that people are rightly spooked about the health crisis, but are taking extreme precautions and at the same time not letting that stop them from carrying on with their dreams inasmuch as selling or buying is the vehicle to that dream.
Dianne and I are here for virtual consulting appointments if you’ve been thinking about exploring a life change adventure in Lake Oswego! Interest rates are looking really good, and there are lots of properties out there.
We’re all going to come out on the other side of this if we’re staying safe and moving carefully… step by step. We can help.
Following is the breakdown for you according to RMLS:
NEW on Mkt (March 30-April 5, 2020)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 16250 PACIFIC HWY #80 | $239,000 | 1 | 1 | 841 | CONDO |
| 4324 BOTTICELLI ST | $359,000 | 2 | 2.1 | 2260 | CONDO |
| 6050 FERNBROOK ST | $434,900 | 4 | 2 | 1546 | DETACHD |
| 16675 BONAIRE AVE | $450,000 | 3 | 1 | 1020 | DETACHD |
| 16885 SW Denney CT | $625,000 | 3 | 2 | 1712 | DETACHD |
| 6438 Frost ST | $625,000 | 4 | 2.1 | 2269 | DETACHD |
| 4262 COBB WAY | $629,950 | 3 | 2 | 1618 | DETACHD |
| 184 D AVE | $665,000 | 3 | 2.1 | 1636 | ATTACHD |
| 13841 VERTE CT | $699,900 | 5 | 3 | 2341 | DETACHD |
| 10 OTHELLO ST | $825,000 | 5 | 3 | 3600 | DETACHD |
| 5623 BAY CREEK DR | $845,000 | 5 | 2.1 | 3042 | DETACHD |
| 5015 DENTON DR | $950,000 | 3 | 2.1 | 3131 | DETACHD |
| 1103 C AVE | $1,639,000 | 4 | 3.1 | 3530 | DETACHD |
| 1646 LESLIE LN | $1,868,000 | 4 | 4.1 | 4879 | DETACHD |
| 931 ATWATER RD | $2,695,000 | 4 | 4.1 | 5059 | DETACHD |
PENDING SALES (March 30-April 5, 2020)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 1664 BONNIEBRAE DR/Grnd | $359,000 | 3 | 1.1 | 1303 | CONDO | 1 |
| 16910 TRACY AVE | $450,000 | 3 | 2 | 1176 | DETACHD | 2 |
| 1285 Oak TER | $600,000 | 3 | 2 | 1421 | DETACHD | 23 |
| 3721 TEMPEST DR | $615,000 | 4 | 2.1 | 2572 | DETACHD | 4 |
| 4799 LAMONT WAY | $925,000 | 3 | 2.1 | 3142 | DETACHD | 1 |
| 8 DOVER WAY | $1,299,000 | 6 | 4.2 | 6093 | DETACHD | 130 |
| 17084 CANAL CIR | $1,850,000 | 5 | 3.1 | 5104 | DETACHD | 68 |
SOLD (March 30-April 5, 2020)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 18660 DON LEE WAY | $450,000 | $440,000 | 3 | 1 | 966 | DETACHD | 0 |
| 5135 Tualata LN | $525,000 | $535,000 | 4 | 2 | 1534 | DETACHD | 4 |
| 17721 Arbor LN | $589,900 | $589,900 | 3 | 2 | 1521 | DETACHD | 2 |
| 15213 CANDLEWOOD CT | $700,000 | $685,000 | 4 | 2.1 | 2670 | DETACHD | 13 |
| 17896 KELOK RD | $859,000 | $792,500 | 6 | 6 | 4093 | DETACHD | 212 |
| 1317 LAUREL ST | $899,900 | $899,900 | 4 | 2.1 | 2259 | DETACHD | 6 |
| 4070 VIRGINIA WAY | $915,000 | $940,000 | 3 | 2.1 | 3501 | DETACHD | 2 |
| 17525 CHERRY CT | $119,900 | $1,080,000 | 5 | 3.1 | 4559 | DETACHD | 311 |
| 401 9TH ST | $1,299,000 | $1,299,000 | 4 | 3.1 | 4288 | DETACHD | 21 |
| 12812 GOODALL RD | $1,895,000 | $1,760,000 | 4 | 4.1 | 4808 | DETACHD | 283 |
| 2493 SOUTHSHORE BLVD | $3,599,000 | $2,947,000 | 5 | 5.1 | 7112 | DETACHD | 311 |
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.