Market Activity June 28-July 5, 2020

Our real estate market is pretty much booming right now. Out of the 20 closed sales last week, 6 sold for over the asking price and 4 sold at the asking price. That’s 50% of what sold. There is a huge demand and low inventory. Yes, it’s a great time to sell your house. In addition to the 20 closed sales, last week in Lake Oswego there were 13 new listings and 31 pending sales.

Following is the breakdown for you according to RMLS:

New on the Market (June 28-July 5, 2020)

Address Type Price BR Baths Sq Ft
16200 S Pacific Hwy #23 Condo $359,000 2 2 1208
37 Greenridge Ct Condo $399,000 2 1.5 1176
4963 Suntree Ln Detached $549,900 2 2.5 1861
12 Mozarteum Ct Detached $659,000 2 2.5 1861
1069 Timberline Dr Detached $725,000 4 3 2173
4991 Hartford Pl Detached $859,950 3 3.5 3098
44 Touchstone Detached $975,000 5 3 2507
0 Childs Ct Detached $$958,000-$988,000 3 2.5 2445
860 Skyland Dr Detached $1,320,000 4 3 3527
4150 Upper Dr Detached $1,425,000 4 3.5 3466
17322 Cedar Rd Detached $1,950,000 4 4 3432
310 Iron Mountain Blvd Detached $2,150,000 5 3.5 4927
4357 Southshore Blvd Detached $2,995,000 5 5.5 5220

Pending Sales (June 28-July 5, 2020)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd C-120 Condo $225,000 2 2 924 3
16250 Pacific Hwy #81 Condo $240,000 1 1 841 43
4061 Jefferson Pksy Attached $285,000 2 2.5 1462 105
6397 McEwan Rd Detached $439,900 3 2 1008 3
1400 Laburnum Way Detached $475,000 4 3 2106 2
17635 Deemar Way Detached $489,900 4 2 1488 201
1023 Hallinan St Detached $495,000 3 1.5 1092 4
16200 Pacific Hwy #7 Condo $495,000 2 2 1190 29
6430 McEwan Rd Detached $536,000 6 2 1595 108
44 Aquinas St Detached $550,000 4 2 1914 4
13 Grouse Terr Detached $565,000 4 2.5 2108 1
6151 Carman Dr Detached $589,700 3 2 1641 81
2745 Greentree Rd Detached $598,500 2 2 1219 0
6280 Summer Woods Detached $610,000 4 2.5 2191 112
71 Tanglewood Dr Detached $625,000 3 3 2616 18
1575 Ivy Ct Detached $640,000 4 3 2432 3
17721 Overlook Circle Detached $649,900 3 2.5 3172 231
17270 Canyon Dr Detached $674,900 4 3 2754 5
17520 Redfern Ave Detached $692,000 2 2 1776 22
521 2nd St #104 Condo $700,000 2 2 1339 4
1010 Laurel St Detached $799,900 3 3 2498 15
17867 Sundown Ct Detached $799,900 3 3.5 2763 128
830 4th St Detached $799,900 3 2 1890 0
5608 Grand Oaks Dr Detached $879,000 5 3 3129 2
2655 Dellwood Dr Detached $915,000 4 2.5 3164 7
285 Berwick Rd Detached $950,000 3 3.5 2518 111
1658 Village Park Ln Detached $1,198,000 4 3.5+.5 4634 97
540 8th St Detached $1,289,000 4 3.5 2920 2
17036 Canal Circle Detached $1,650,000 4 3.5 3931 386
18099 Green Bluff Dr Detached $1,695,000 4 3.5 5343 43
1098 Chandler Rd Detached $1,995,000 4 3.5 3934 12

Sold/Closed (June 28-July 5, 2020)

Address Type List Price Sold Price Sq Ft CDOM
4646 Lower Dr Condo $275,000 $280,000 1260 8
2101 Wembley Park Rd Detached $320,000 $459,000 3,410 2
5215 Madrona St Detached $479,900 $500,000 1325 4
6025 Kenny St Detached $489,000 $520,000 1254 2
22 Morningview Circle Detached $562,500 $546,500 3438 18
5465 Childs Rd Detached $589,900 $590,000 1487 18
34 Morningview Circle Detached $662,900 $597,325 2942 152
184 D Ave Attached $665,000 $635,000 1636 37
659 Livingood Ln Detached $639,000 $639,000 2400 0
16251 Reese Rd Detached $745,000 $743,000 2555 21
4208 Albert Circle Detached $790,000 $790,000 2777 11
14003 Chelsea Dr Detached $895,000 $895,000 3270 2
16368 Lake Forest Blvd Detached $979,000 $915,000 2750 101
950 Cedar St Detached $1,079,000 $1,025,000 3266 79
4190 chapman Way Detached $1,298,000 $1,185,000 3624 67
2445 Glenmorrie Dr Detached $1,385,000 $1,250,000 5168 98
4484 West Bay Rd Detached $1,250,000 $1,270,000 4417 53
748 6th St Detached $1,425,000 $1,425,000 2865 151
1646 Leslie Ln Detached $1,868,000 $1,720,000 4879 28
18420 Old River Landing Detached $2,890,000 $2,600,000 6164 73

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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