Market Activity ~ Jan 3-9, 2022

This first full week in the New Year we had only ONE property go on the market in Lake Oswego, and that one is a major fixer/possible rebuild over by George Rogers Park (per the Listing). In my Master’s Group, Realtors are begging each other to list the properties they have in their pockets. My guess is that Sellers are seeing the news of Omicron likely hitting peak soon to then taper off… and so are holding on a bit longer. IMHO there may be a flood of new properties hitting the market in the near future, and anyone in their right mind ought to list their property *now*. All in all, if you’re Buying… hold ‘yer horses! Things will change soon.

There were 11 properties that moved to Pending status and 16 that Closed/Sold last week as well. Right now there are 38 homes available in Lake Oswego.

Here is the data according to RMLS:

NEW Jan 3-9, 2022

AddressList Price# Beds# BathsTotal SFProp Type
143 CHURCH ST$700,000211220DETACHD

PENDING Jan 3-9, 2022

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
200 SW Burnham RD, #203$299,000211199CONDO29
4632 LOWER DR, B2$320,00021.11170CONDO19
16250 PACIFIC HWY, #75$355,000321593CONDO29
1694 BONNIEBRAE DR$415,00021864ATTACHD2
4325 SILVER CT / Upper$499,00032.11844CONDO49
1247 CEDAR ST$550,000322022DETACHD9
1719 ASPEN CT$575,000321444DETACHD31
302 LAUREL ST$679,000321907DETACHD6
770 5TH ST$975,00033.13180DETACHD45
17908 BLUE HERON DR$1,850,000344172DETACHD58
4247 LORDS LN$2,275,00043.13785DETACHD115

SOLD Jan 3-9, 2022

AddressOpening PriceClosed PriceBedsBathsSFProp TypeDays
100 KERR PKWY #51 $      179,000.00 $      186,000.0011617CONDO7
4 TOUCHSTONE  #76 $      234,900.00 $      228,000.0022984CONDO27
4610 LOWER DR / Main $      325,000.00 $      310,000.0021.11260CONDO22
86 KINGSGATE RD, E203 $      325,000.00 $      325,000.0022924CONDO3
4000 CARMAN DR  #92 $      349,000.00 $      349,000.0022999CONDO12
1455 HALLINAN ST $      639,900.00 $      650,000.0032.11325DETACHD5
8 PHEASANT RUN $      649,950.00 $      675,000.0042.11845DETACHD5
5431 BONITA RD $      859,000.00 $      835,000.00432784DETACHD15
548 4TH ST $  1,524,900.00 $  1,450,000.0034.13186ATTACHD103
19317 LORNA LN $  1,699,000.00 $  1,515,000.0054.14634DETACHD186
4118 GLACIER LILY ST $  1,499,500.00 $  1,625,000.0043.14452DETACHD3
312 9TH ST $  1,650,000.00 $  1,650,000.0032.12686DETACHD8
1155 CRESTLINE CT $  2,195,000.00 $  2,010,998.0054.17438DETACHD73
16847 GREENBRIER RD $  2,598,000.00 $  2,598,000.0032.12360DETACHD0
16767 GRAEF CIR $  2,950,000.00 $  2,700,000.0044.14222DETACHD13
1226 NORTHSHORE RD $  7,000,000.00 $  5,500,000.0045.16330DETACHD160
Criteria: (RMLS DATA) 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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