Market Activity Report June 20-26, 2022

The rise in interest rates appears to be having an impact on sales, although the numbers do remain strong. I’d say that if anything, at least at this point, the market feels fairly balanced between buyers and sellers.

Last week in Lake Oswego there were 24 properties that came onto the market, 3 of which went into pending status the same week, 14 pending sales, and 17 sold/closed homes.

See below for RMLS data.

New on the Market June 20-26, 2022

AddressTypePriceBRBathSq Feet
4300 Botticelli StAttached$399,90022.51721
12826 Boones Ferry RdAttached$484,50022.51182
4268 Woodside CircleAttached$589,900421944
18667 Benfield AveDetached$679,000421414
14332 Sherbrook PlDetached$689,90032.51770
17188 Rebecca LnDetached$690,00032.51930
100 Leonard St 3-4Condo$699,000321736
3 Becket StDetached$775,00042.54285
17608 Sydni CtAttached$799,90042.52466
1841 Cloverleaf RdDetached$825,000532190
5115 Firwood RdDetached$849,00032.51660
42 Aquinas StDetached$899,90042.52486
4996 Cascara LnDetached$1,245,00032.53106
5524 Koderra AveDetached$1,370,00032.52957
15003 Twin Fir RdDetached$1,699,90043.53075
776 Carrera LnDetached$1,750,000433449
4983 Park Bluff PlDetached$2,349,50044.53647
707 Lake Shore RdDetached$3,150,00033.52992
17952 Cardinal DrDetached$3,599,00043.5+.54588
120 Cabana PointeDetached$4,098,000443693
2101 Goodall CtDetached$2,895,00043.54290

Pending Sales June 20-26, 2022

AddressTypePriceBRBathsSq FtCDOM
44 Eagle Crest Dr #16Condo$289,0003210853
12868 Boones Ferry RdCondo$495,00022.5113618
5342 Red Leaf StDetached$599,00032.517109
14251 Camden LnDetached$719,00032.521792
1561 Woodland TerrDetached$825,00032.5218416
6236 SW Wayzata CtDetached$975,00042.527522
5322 Carman Grove LnDetached$1,200,00032.5264722
568 Weidman CtDetached$1,275,00043.537023
4719 Lakeview BlvdDetached$1,299,00043293480
2365 Palisades Crest DrDetached$1,300,0004337464
1025 Schukart LnDetached$1,795,00043423344
3001 Westview CtDetached$1,799,90043.5431726
697 Lake Bay CtDetached$2,295,00044.5371537
17210 Cedar RdDetached$2,785,0005535487

Sold/Closed June 20-26, 2022

AddressTypeList PriceSold PriceSq FeetDOM
45 Eagle Crest Dr #513Condo$253,500$205,0001056110
16661 Lake Forest BlvdDetached$585,000$570,00093620
5650 Childs RdDetached$599,900$600,00019808
4753 Dawn StDetached$700,000$700,00015504
4201 Cobb WayDetached$950,000$861,1302,24210
668 McVey Ave #12Condo$875,000$875,0009920
4527 Trillium WoodsAttached$887,770$940,00022733
12431 SW Orchard Hill RdDetached$960,000$945,00027249
22 Juarez StDetached$950,000$975,00030965
17 Musaryk StDetached$985,000$995,00047261
5336 Lower DrDetached$1,095,000$1,025,000254918
4581 Heritage LnDetached$1,088,000$1,030,000211824
4222 Cobb WayDetached$1,295,000$1,125,000224320
4146 Chad DrDetached$1,395,000$1,280,000370714
937 9th StDetached$2,350,000$2,178,0003862448
975 Lake Front RdDetached$3,298,000$3,320,00032320
263 Northshore RdDetached$4,700,000$4,700,00035250

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.

Portland Real Estate Stats + LO ~ May 2022

Overview/Fluctuations ~  Market Data:

Listings, Accepted Offers and Sales are up overall from the prior month and a bit down from last May. Most neighborhoods in the Portland area saw their Average Price rising over the previous month, and Inventory is finally back up to where it was last August, which is still historically low.    

Of course the big story at this moment is rates:

Rates: “The market has experienced a dramatic move higher as the Federal Reserve fights inflation. Currently 30-year fixed rates are right at 6.0%”     Gary Boyer, Regional VP, Directors Mortgage                                                                                                                                                                                                                                          

According to the RMLS Market Action Report  for the Portland Metro Area-May 2022:

  • There were 3,853 New Listings in May 2022 decreased 3.0% from May of 2021’s 3,971, and increased 4.6% from the previous month/April’s 3,684.
  • At 2,916  May 2022’s Closed Sales are down 8.4% from May 2021’s 3,183, and up 4.8% from the previous month/April’s 2022’s total of 2,782
  • At 3,122 May 2022’s Pending Sales are down 16.0% from May 2021’s 3,717, and increased 3.9% over the previous month/April 2022’s total of 3,005.
  • The Average Sale Price in May 2022 of $649,600 is up $67,400 from last year/May 2021’s $582,200, and up $16,700 from the previous month/April’s $632,900.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in May2022 of $575,000 rose from last year/May 2021’s $515,000 by $60,000, and $15,000 from the previous month/April’s $560,000.

LAKE OSWEGO:

137 Active Listings (Apr 103)
193 New Listings  (Apr 169)
153 Pending Sales (Apr 144)
146 Closed Sales  (Apr 133)
Average Sale Price for May: $1,028,600 (Apr $998,600)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
19 Days on the Market   (Apr 26)

Market Activity ~ June 13-19, 2022

Last week Lake Oswego saw 15 properties enter the market, 25 move to Pending status, and 16 Sold/Closed. Right now there are 94 properties available ranging from $275,000 to $7.25 mil.

NEW June 13-19, 2022

AddressList PriceBedsBathsSFProp Type
13504 STREAMSIDE DR$599,00032.11710DETACHD
17210 CEDAR RD$685,000321549DETACHD
732 2ND ST$819,000532763DETACHD
4973 PARKHILL ST$899,90032.12106DETACHD
2964 OVERLOOK DR$925,000432230DETACHD
568 WEIDMAN CT$999,990532946DETACHD
6 ADAMS CT$1,200,00052.13731DETACHD
13556 TWIN CREEK LN$1,275,00043.13702DETACHD
11 DA VINCI ST$1,300,000433746DETACHD
5236 LOWER DR$1,369,00042.13467DETACHD
13 BUCKINGHAM TER$1,390,00042.14473DETACHD
5324 LOWER DR$1,499,90053.13770DETACHD
1695 HALLINAN ST$1,597,00042.13306DETACHD
2365 PALISADES CREST DR$2,399,00043.13547DETACHD
5342 RED LEAF ST$2,785,000553548DETACHD

PENDING June 13-19, 2022

AddressList PriceBedsBathsSFProp TypeDays
4 TOUCHSTONE #84$209,900221012CONDO4
668 MCVEY AVE #77$275,00001485CONDO4
4000 CARMAN DR #40$300,00022906CONDO10
4 TOUCHSTONE #85$330,70332.11351CONDO8
12868 BOONES FERRY RD$495,00022.11136CONDO6
4510 LOWER DR$575,00032.11729CONDO8
14316 HOLLY SPRINGS RD$599,90032.11325DETACHD4
17635 DEEMAR WAY$685,000421488DETACHD14
980 LUND ST$715,000321833DETACHD14
2736 SW ORCHARD HILL PL$749,00032.12556DETACHD31
4527 TRILLIUM WOODS$887,77032.12273ATTACHD3
5324 LOWER DR$899,90032.12106DETACHD2
15213 CANDLEWOOD CT$950,00042.12757DETACHD25
2291 WEMBLEY PARK RD$999,50032.12150DETACHD11
13 BUCKINGHAM TER$999,990532946DETACHD4
4015 Canal Woods CT$1,295,90043.13721DETACHD5
13556 TWIN CREEK LN$1,390,00042.14473DETACHD3
100 LEONARD ST #4-2$1,395,00032.13137CONDO18
2671 GLEN EAGLES RD$1,895,000334014DETACHD42
688 6TH ST$1,940,00042.12939DETACHD4
3578 CARMAN DR$2,200,00053.14000DETACHD118
720 6TH ST$2,300,00043.14601DETACHD10
14655 UPLANDS DR$3,300,00055.24775DETACHD211
3015 WEMBLEY PARK RD$3,385,00054.15211DETACHD50
1475 CHANDLER RD$3,495,00044.14863DETACHD3

SOLD June 13-19, 2022

AddressOpeningClosedBedsBathsSFProp TypeDays
47 EAGLE CREST DR #48-C$260,000$260,00011696CONDO6
200 BURNHAM RD #406$340,000$340,000211199CONDO19
12038 SW ORCHARD HILL WAY$745,000$725,000322174DETACHD12
4774 OAKRIDGE RD$749,900$750,000312104DETACHD5
19125 LONGFELLOW AVE$715,000$762,000422227DETACHD6
32 Greenridge CT #32$774,900$765,00032.12219ATTACHD4
1960 MAPLELEAF RD$724,900$800,000321452DETACHD2
1225 CORNELL ST$699,000$850,000321395DETACHD1
1249 LARCH ST$899,000$896,700443654DETACHD15
4198 GLACIER LILY ST$1,100,000$1,075,000432806DETACHD5
5674 Charles CIR$1,050,000$1,162,00042.12632DETACHD5
14061 TAYLORS CREST LN$1,199,000$1,199,00042.12942DETACHD6
362 9TH ST$1,450,000$1,260,00032.12018DETACHD64
15804 ALLISON PL$1,538,000$1,305,00042.13662DETACHD32
2886 UPPER DR$1,290,000$1,520,000432674DETACHD2
1041 C AVE$2,095,000$2,325,45054.13291DETACHD2
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 (***We’ve used “Days” in each category for ease of understanding) .

Market Activity June 6-12, 2022

Last week in Lake Oswego the market remained strong. There were 24 new listings, 8 of which moved quickly to pending status, 27 properties that went under contract and became pending, and 17 sold/closed properties.

We had a big interest rate hike yesterday. This is bound to have an impact. I will be eager to see the market activity reports for the next few weeks as it will let us see the changes that the increased rates are creating.

See below for RMLS details.

New on the Market June 6-12, 2022

AddressTypePriceBRBathSq Feet
4 Touchstone #85Condo$244,90032.51351
29 Oswego SummitCondo$260,00011669
86 Kingsgate Rd H104Condo$355,00022840
12822 Boones Ferry RdCondo$479,90022.51136
885 McVey AveDetached$569,000311341
4510 Lower DrCondo$575,00032.51729
6240 Burma RdDetached$699,900321724
939 Devon LnDetached$775,000322249
1435 Ash StDetached$799,900532532
1561 Woodland TerrDetached$825,00032.52184
19 TouchstoneDetached$935,000432789
2777 Glen Haven RdDetached$1,200,00042.52560
13248 Rogers RdPlncomm$1,399,00053.53003
688 6th StDetached$1,940,00042.52939
720 6th StDetached$2,300,00043.54601
1475 Chandler RdDetached$3,495,00044.54863

Pending June 6-12, 2022

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy $54Condo$192,0001161730
45 Eagle Crest Dr #504Condo$240,0001176819
45 Eagle Crest Dr #407Condo$259,00021.5105667
4000 Carman Dr #40Condo$300,000229063
196 CervantesCondo$369,00021.5124124
5062 Foothills Dr FCondo$445,00022125217
6331 Shakespeare StDetached$519,90031.599251
13296 Vermeer DrDetached$725,00032.5186010
639 1st StAttached$749,90022.513919
5499 Royal Oaks DrDetached$786,0003218173
1537 Ash StDetached$850,00043.524332
17 Masaryk StDetached$985,0004347261
19057 Olson AveDetached$899,00042.524649
13160 Princeton CtDetached$899,00042.5325242
907 Oak StDetached$899,0003224096
29 Del Prado StDetached$1,050,00042303712
4581 Heritage LnDetached$1,088,00032.5211824
16018 Waluga DrDetached$1,150,00042220019
13324 Boones Ferry RdDetached$1,195,00042.5338620
17953 Saint Clair DrDetached$1,299,90073.5543821
873 Country CommonsDetached$1,395,00043360926
18084 Westminster DrDetached$1,399,00053.5502051
17637 Woodhurst PlDetached$1,429,99064.5+.548331
725 Oak Meadow CtDetached$1,625,00042.5+.537538
1281 Tyndall CtDetached$1,679,00043.540493
13740 Knaus RdDetached$1,895,00043.544592
5455 Childs RdDetached$2,395,00043.538702

Sold/Closed June 6-12, 2022

AddressTypeList PriceSold PriceSq FeetDOM
45 Eagle Crest Dr #405Condo$195,000$170,000105647
47 Eagle Crest Dr #37Condo$229,000$225,0006720
45 Eagle crest Dr #510Condo$255,000$247,5008302
32 Condolea DrCondo$525,000$483,100142028
2 Montain CricleAttached$499,000$500,0001,3724
43 Ladd StDetached$699,500$719,50026327
17311 Mandi LnDetached$695,000$720,00017796
16393 Kimball StDetached$705,000$746,00015224
5875 Bonita RdDetached$955,000$839,000265024
3205 Edgemont RdDetached$774,900$950,00020284
343 3rd StAttached$935,000$1,010,00021013
4331 Sundew CtDetached$1,099,000$1,150,00027904
2855 Upper DrDetached$1,195,000$1,195,000193211
4089 Orchard WayDetached$995,000$1,215,00027433
5563 Bay Creek DrDetached$995,000$1,260,00029133
224 Iron Mountain BlvdDetached$1,795,000$1,850,00029644
820 Fairway RdDetached$1,930,000$2,106,00037582

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.

Market Activity ~ May 30-June 5, 2022

Last week saw 18 properties enter the market, 18 move to Pending status and 18 Sold/Closed. There are currently 98 properties available in Lake Oswego ranging in price from from $192,000 to 7.25 mil.

Here is the breakdown according to RML data:

NEW May 30-June 5, 2022

AddressList PriceBedsBathsSFProp Type
47 EAGLE CREST DR #48C$260,00011696CONDO
17635 DEEMAR WAY$685,000421488DETACHD
980 LUND ST$725,000321833DETACHD
639 1ST ST$749,90022.11391ATTACHD
5499 ROYAL OAKS DR$786,000321817DETACHD
19057 OLSON AVE$899,00042.12464DETACHD
71 TOUCHSTONE$925,000432274DETACHD
2291 WEMBLEY PARK RD$999,50032.12150DETACHD
29 DEL PRADO ST$1,050,000423037DETACHD
2775 VALE CT$1,100,00042.12805DETACHD
5322 CARMAN GROVE LN$1,200,00032.12647DETACHD
927 OAK ST$1,330,00053.12864DETACHD
100 LEONARD ST #4-2$1,395,00032.13137CONDO
14472 PFEIFER DR$1,495,00042.13567DETACHD
725 OAK MEADOW CT$1,625,00042.23753DETACHD
1643 VILLAGE PARK LN$1,625,00043.14505DETACHD
908 BICKNER ST$1,995,00043.13483DETACHD
4694 UPPER DR$2,300,000333637DETACHD

PENDING May 30-June 5, 2022

AddressList PriceBedsBathsSFProp TypeDays
45 EAGLE CREST DR #513$205,00021.11056CONDO110
4 TOUCHSTONE #119$239,90032.11351CONDO32
47 EAGLE CREST DR #48-C$260,00011696CONDO6
1797 FERN PL$714,900321727DETACHD23
12038 SW ORCHARD HILL WAY$745,000322174DETACHD12
1571 WOODLAND TER$799,000422400DETACHD366
18892 ARROWWOOD AVE$850,000422229DETACHD4
659 LIVINGOOD LN$899,000422516DETACHD4
5550 BAY CREEK DR$915,00042.12449DETACHD6
71 TOUCHSTONE$925,000432274DETACHD2
3902 TAMARACK LN$1,050,00042.12553DETACHD4
5336 LOWER DR$1,095,00032.12549DETACHD18
4198 GLACIER LILY ST$1,100,000432806DETACHD5
4222 COBB WAY$1,225,000432243DETACHD20
927 OAK ST$1,330,00053.12864DETACHD2
520 C AVE$1,478,00033.13242ATTACHD9
2600 DELLWOOD DR$1,599,900433690DETACHD242
937 9TH ST$2,250,00053.13862DETACHD448

SOLD May 30-June 5, 2022

AddressOpeningClosedBedsBathsTotal SFProp TypeDays
86 KINGSGATE RD E103$370,000$370,00022924CONDO5
1531 BONNIEBRAE DR$489,900$484,90031.11303ATTACHD32
1674 FIRCREST DR$649,000$650,000421998DETACHD5
18963 SW LONGFELLOW AVE$649,000$668,00031.11232DETACHD6
5342 BONITA RD$700,000$690,00031.11392DETACHD21
164 KINGSGATE RD$689,000$710,000321781DETACHD5
18 NORTHVIEW CT$750,000$732,79833.12717ATTACHD9
13855 VERTE CT$799,900$740,00032.11835DETACHD22
1299 HIDE A WAY LN$849,900$834,584321893DETACHD10
3130 DUNCAN DR$899,000$905,00063.13007DETACHD2
5750 WASHINGTON CT$869,000$925,00032.12430DETACHD4
4686 WINTHROP CT$895,000$1,011,00042.12238DETACHD3
208 DURHAM ST$1,250,000$1,260,000422792DETACHD6
670 1ST ST$1,259,000$1,350,00032.12767CONDO2
17600 UPPER CHERRY LN$2,100,000$1,975,00043.13905DETACHD324
4235 LORDS LN$2,500,000$2,500,00043.13705DETACHD3
13078 FIELDING RD$3,150,000$2,700,000433596DETACHD161
548 RIDGEWAY RD$3,195,000$2,875,000533498DETACHD32
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 (***We’ve used “Days” in each category for ease of understanding) .

Market Activity Report May 23-29, 2022

The market remains strong and very active. In Lake Oswego last week there were 19 new listings, 7 of which are already in pending status, 27 properties that accepted offers and went pending, and 19 properties that were sold/closed.

See below for RMLS details.

New Listings May 23-39, 2022

AddressTypePriceBRBathSq Feet
4405 Thunder Vista LnCondo$459,00022.51922
1 Oriole LnDetached$625,00032.52317
13296 Vermeer DrDetached$725,00032.51860
490 Boca Ratan DrDetached$899,000322026
791 4th StDetached$979,000321568
100 Leonard St 4-2Condo$1,395,00032.53137
520 C AveAttached$1,478,00033.53242
1839 Palisades Lake CtDetached$1,599,00043.54570
3001 Westview CtDetached$1,850,00043.54216
17426 Bergis Farm DrDetached$1,990,00043.54555
18735 Bryant RdDetached$2,895,00043.55544
3119 Douglas CircleDetached$4,300,00034.37086
708 McVey AveDetached$4,380,00043.53085

Pending May 23-29, 2022

AddressTypePriceBRBathsSq FtCDOM
44 Eagle Crest Dr #12Condo$199,900117984
44 Eagle Crest Dr #34Condo$295,0003210855
4 Touchstone #124Condo$320,00032.5135148
4000 Carman Dr #33Condo$362,0002211032
5062 Foothills Dr FCondo$445,0002212524
16661 Lake Forest BlvdDetached$570,0003193620
5650 Childs RdDetached$599,9003219808
1225 Cornell StDetached$699,0003213951
4752 DawnDetached$700,0003215504
1700 Yarmouth CircleDetached$725,0002214777
4774 OakridgeDetached$749,9003121045
570 2nd StAttached$750,00022.514644
3205 Edgemont RdDetached$774,90032.520284
32 Greenridge Ct #32Attached$774,90032.522194
1249 Larch StDetached$899,00044365415
4201 Cobb WayDetached$900,00043224210
15213 Candlewood CtDetached$950,00042.527574
12341 SW Orchard Hill RdDetached$960,00043.527249
15569 Village Park CtDetached$1,075,00042.527552
4331 Sundew CtDetached$1,099,00032.527904
2855 Upper DrDetached$1,195,00022193211
13399 Streamside CtDetached$1,249,00042.532183
19460 Eastside RdDetached$1,299,00053.5+.5452120
19460 Chad DrDetached$1,395,00042.5370714
7 Nansen SummitDetached$1,495,00044.556403
5006 Upper DrDetached$1,499,90043.5328419
642 8th StDetached$1,995,00042.5+.532933

Sold/Closed May 23-29, 2022

AddressTypeList PriceSold PriceSq FeetDOM
45 Eagle Crest Dr #316Condo$215,000$210,000600168
44 Eagle Crest Dr #10Condo$210,000$225,0447983
47 Eagle Crest Dr #20Condo$280,000$292,00010093
210 Oswego SummitCondo$395,500$421,00015065
4206 Woodside CircleAttached$529,000$529,0001,7997
5073 W Sunset DrAttached$515,000$550,00017206
10 Eagle Crest DrDetached$599,000$599,00018854
6025 Kenny StDetached$599,000$655,00012544
18554 Hallberg CtDetached$699,900$730,00012203
5710 Windfield LoopDetached$699,900$731,50018226
18413 Deer Oak CircleDetached$764,000$823,95518666
18440 Sandpiper CircleDetached$789,000$844,00014474
355 6th StAttached$975,000$1,050,00023627
13581 Fielding RdDetached$1,100,000$1,175,00021524
17596 Oak Meadow LnDetached$1,599,000$1,700,00028442
1415 Horseshoe CurveDetached$2,095,000$2,095,000381610
4460 Upper DrDetached$2,700,000$2,550,000408139
15825 Oswego Shore CtDetached$2,998,000$2,700,000431712
15508 Diamond Head RdDetached$3,480,000$3,098,7003900227

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.

Market Activity ~ May 16-22, 2022

Last week we saw 29 properties enter the market, 18 move to Pending status, & 28 that Closed/Sold. Right now there are 85 lovely homes available in Lake Oswego ranging from $199,000 to $7.25 mil

Here is the breakdown according to RMLS:

NEW May 16-22, 2022

AddressList PriceBedsBathsSFProp Type
45 Eagle Crest Dr #504$240,00011768CONDO
45 SW EAGLE CREST DR #510$255,00011830CONDO
44 EAGLE CREST DR #34$295,000321085CONDO
196 CERVANTES$369,00021.11241CONDO
5062 FOOTHILLS DR, F$445,000221252CONDO
5650 CHILDS RD$599,900321980DETACHD
6030 SW SHAKESPEARE ST$669,000311056DETACHD
4753 SW DAWN ST$700,000321550DETACHD
1700 YARMOUTH CIR$725,000221477DETACHD
12038 SW ORCHARD HILL WAY$745,000322174DETACHD
4774 OAKRIDGE RD$749,900312104DETACHD
570 2ND ST$750,00022.11464ATTACHD
3205 EDGEMONT RD$774,90032.12028DETACHD
2736 SW ORCHARD HILL PL$849,00032.12556DETACHD
15213 CANDLEWOOD CT$950,00042.12757DETACHD
12431 SW ORCHARD HILL RD$960,00043.12724DETACHD
5563 BAY CREEK DR$995,00042.12913DETACHD
4 SCARBOROUGH DR$998,00042.13233DETACHD
4331 SUNDEW CT$1,099,00032.12790DETACHD
15569 VILLAGE PARK CT$1,150,00032.12755DETACHD
16018 WALUGA DR$1,150,000422200DETACHD
19330 RIVER RUN DR$1,175,000443786DETACHD
13324 BOONES FERRY RD$1,195,00042.13386DETACHD
208 DURHAM ST$1,250,000422792DETACHD
2886 UPPER DR$1,290,000432674DETACHD
17953 SAINT CLAIR DR$1,299,90073.15438DETACHD
642 8TH ST$1,995,00042.23293DETACHD
530 MIDDLECREST RD$2,098,000333084DETACHD
697 LAKE BAY CT$2,595,00044.13715DETACHD

PENDING May 16-22, 2022

AddressList PriceBedsBathsSFProp TypeDays
100 KERR PKWY #54$173,00011617CONDO5
45 SW EAGLE CREST DR #510$255,00011830CONDO2
4000 CARMAN DR #3$279,00011836CONDO3
4 TOUCHSTONE #77$330,00032.11351CONDO8
6331 SHAKESPEARE ST$519,90031.1992DETACHD30
18963 SW LONGFELLOW AVE$649,00031.11232DETACHD6
43 LADD ST$699,500522632DETACHD7
16393 KIMBALL ST$705,000321522DETACHD4
19125 LONGFELLOW AVE$715,000422227DETACHD6
22 JUAREZ ST$950,00042.13096DETACHD5
13865 TAYLORS CREST LN$950,00042.12532DETACHD18
5563 BAY CREEK DR$995,00042.12913DETACHD3
4 SCARBOROUGH DR$998,00042.13233DETACHD3
5674 Charles CIR$1,050,00042.12632DETACHD5
14061 TAYLORS CREST LN$1,199,00042.12942DETACHD6
2886 UPPER DR$1,290,000432674DETACHD2
362 9TH ST$1,350,00032.12018DETACHD64
224 IRON MOUNTAIN BLVD$1,795,000432964DETACHD4

SOLD May 16-22, 2022

AddressOpeningClosedBedsBathsSFProp TypeDays
4631 Lakeview BLVD / Grnd$239,000$210,00011753CONDO69
45 EAGLE CREST DR #211$249,900$225,000221046CONDO89
3433 MCNARY PKWY #208$299,000$336,000221008CONDO3
182 OSWEGO SMT / Upper$290,000$345,000221516CONDO4
86 KINGSGATE RD D105$349,950$347,50022924CONDO9
3920 CARMAN DR$419,900$385,00022.11098CONDO15
4000 CARMAN DR C49$375,000$400,00011.11004CONDO7
668 MCVEY AVE #10$540,000$540,00031992CONDO44
668 MCVEY AVE #63$575,000$575,00021852CONDO21
114 TOUCHSTONE TER$640,000$580,500331964ATTACHD23
4752 REMBRANDT LN$700,000$700,00032.11641DETACHD6
135 KINGSGATE RD$699,000$775,00032.11720DETACHD6
36 GREENRIDGE CT$795,000$810,000432250ATTACHD35
19 WALKING WOODS DR$749,900$850,000322513DETACHD4
1825 CEDAR CT$700,000$870,000321664DETACHD3
762 9TH ST$799,500$910,000221281DETACHD4
1435 GREENTREE CIR$899,000$915,00042.12269DETACHD8
12860 SIERRA VISTA DR$880,000$1,110,000322307DETACHD2
126 DEL PRADO ST$985,000$1,150,00053.13932DETACHD4
19653 RIVER RUN DR$1,088,000$1,225,70042.12617DETACHD4
5542 DUNMIRE DR$1,015,000$1,254,00042.13256DETACHD4
5175 SW FIRWOOD RD$1,199,999$1,265,000322117DETACHD4
364 NORTHSHORE RD$1,200,000$1,350,000322066DETACHD1
4867 UPPER DR$1,349,000$1,375,000532956DETACHD5
18058 PILKINGTON RD$1,538,999$1,608,999433225DETACHD3
17448 OAK MEADOW LN$1,520,000$1,745,00042.13380DETACHD3
3115 WEMBLEY PARK RD$2,000,000$2,150,00043.13800DETACHD8
17230 Lake Haven DR$2,100,000$2,300,00032.13766DETACHD6
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 (***We’ve used “Days” in each category for ease of understanding) .

Market Activity May 9-15, 2022

May and June are the peak of the annual real estate market. Yards are in bloom and people are still in town, not to mention that it makes sense to move during summer school break. It’s a great time of year to sell your house.

In Lake Oswego last week we had 39 properties go onto the market, 10 of which went into pending status the same week. There were 13 properties that went pending, and 20 sold/closed sales.

See below for RMLS data.

New on the Market May 9-15, 2022

AddressTypePriceBRBathsSq Ft
100 Kerr Pkwy #54Condo$173,00011617
4 Touchstone #77Condo$245,00032.51351
38 Oswego SummitCondo$289,500221140
18963 Longfellow AveDetached$649,00031.51232
43 Ladd StDetached$699,500322632
16393 Kimball StDetached$705,000321522
19125 Longfellow AveDetached$715,000422227
1249 Larch StDetached$899,000443654
22 Juarez StDetached$950,00042.53096
4201 Cobb WayDetached$950,000432242
21 TouchstoneDetached$959,90042.51918
5674 Charles CircleDetached$1,050,00042.52632
4581 Heritage LnDetached$1,088,00032.52632
5336 Lower DrDetached$1,095,00032.52549
14061 Taylors Crest LnDetached$1,199,00042.52942
4222 Cobb WayDetached$1,295,000432243
4146 Chad DrDetached$1,395,00042.53707
873 Country CommonsDetached$1,510,000433609
138 Del Prado StDetached$1,675,000$544500
224 Iron Mountain BlvdDetached$1,795,000432964
1025 Schukart LnDetached$2,050,000434233
1425 Maple StDetached$2,235,00043.53583
14383 Fosberg RdDetached$2,250,00043.54543
13258 Amber PlDetached$2,395,00044.53735
864 6th StDetached$3,195,00054.55266
755 Ellis AveDetached$3,600,00054.54966
3012 Lakeview BlvdDetached$5,850,00054.55957
4948 Hampton CtDetached$1,100,00023.53434
2855 Upper DrDetached$1,195,000221932

Pending Sales May 9-15,2022

AddressTypePriceBRBathsSq FtCDOM
45 Eagle Crest Dr #405Condo$195,00021.5105647
86 Kingsgate Rd E103Condo$370,000229245
164 Kingsgate RdDetached$689,0003217815
17311 Mandi LnDetached$695,00042.517796
1797 Fern PlDetached$714,9003217272
18440 Sandpiper CircleDetached$789,0003214474
4133 Milissa DrDetached$995,00042.528721
4089 Orchard WayDetached$995,00042.527433
10 Morningview LnDetached$1,049,90043.5384811
19652 River Rn DrDetached$1,088,00042.526174
15804 Allison PlDetached$1,350,00042.5366232
1041 C AveDetached$2,095,00054.532912
4235 Lords LnDetached$2,500,00043.537053

Sold/Closed Properties May 9-15, 2022

AddressTypeList PriceSold PriceSq FeetDOM
45 Eagle Crest Dr #309Condo$259,900$229,900105628
4 Touchstone #69Condo$239,900$235,000135129
3970 Carman DrCondo$434,000$434,00011975
3924 Carman DrCondo$435,000$437,000113915
24 Condolea DrCondo$469,000$487,0001,4484
16 Oriole LnDetached$599,950$541,000152047
4 Preakness CtAttached$650,000$625,000198536
16053 Lake Forest BlvdDetached$799,950$890,00021003
920 Capilano CtDetached$999,000$1,030,00028873
16525 Glenwood CtDetached$890,000$1,050,00022984
2 Westminster DrDetached$875,000$1,070,000282260
2525 Dellwood DrDetached$950,000$1,150,00028364
26 Briarwood RdDetached$1,279,000$1,259,000255419
38 Briarwood RdDetached$1,279,000$1,280,000255421
14190 Taylors Crest LnDetached$1,299,000$1,350,00029614
19428 35th CtDetached$1,070,000$1,350,00029614
19505 Olson AveDetached$1,250,000$1,400,00030222
217 5th StDetached$1,149,000$1,425,00021741
17897 Sundown CtDetached$1,750,000$1,690,000375545
324 9th StDetached$1,695,000$1,800,00027433

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.

Market Activity ~ May 2-8, 2022

Last week Lake Oswego saw 16 properties enter the market, 24 move to Pending status, and 14 Closed/Sold.

Right now there are 61 properties to choose from ranging from $195,000 to $7.25 mil.

NEW May 2-8, 2022

AddressList PriceBedsBathsSFProp Type
47 EAGLE CREST DR #37$229,00011672CONDO
47 EAGLE CREST DR #20$280,000211009CONDO
86 KINGSGATE RD E103$370,00022924CONDO
2 MOUNTAIN CIR$499,00021.11372ATTACHD
4363 WOODSIDE CIR$581,950321532ATTACHD
16661 LAKE FOREST BLVD$585,00031936DETACHD
164 KINGSGATE RD$689,000321781DETACHD
17311 MANDI LN$695,00042.11779DETACHD
18440 SANDPIPER CIR$789,000321447DETACHD
343 3RD ST$935,00033.12101ATTACHD
4089 ORCHARD WAY$995,00042.12743DETACHD
19653 RIVER RUN DR$1,088,00042.12617DETACHD
13865 TAYLORS CREST LN$1,100,00042.12532DETACHD
19460 SW EASTSIDE RD$1,299,00053.24521DETACHD
5006 UPPER DR$1,499,90043.13284DETACHD
2671 GLEN EAGLES RD$1,895,000334014DETACHD

PENDING May 2-8, 2022

AddressList PriceBedsBathsSFProp TypeDays
45 EAGLE CREST DR #316$200,00011600CONDO168
47 EAGLE CREST DR #37$229,00011672CONDO0
45 EAGLE CREST DR #211$239,900221046CONDO89
47 EAGLE CREST DR #20$280,000211009CONDO3
3920 CARMAN DR$419,90022.11098CONDO15
1531 BONNIEBRAE DR$489,90031.11303ATTACHD32
2 MOUNTAIN CIR$499,00021.11372ATTACHD4
1674 FIRCREST DR$649,000421998DETACHD5
66 Wheatherstone$650,00043.12500CONDO8
5970 KENNYCROFT WAY$650,000321212DETACHD5
5342 BONITA RD$699,90031.11392DETACHD21
5710 WINDFIELD LOOP$699,900331822DETACHD6
36 GREENRIDGE CT$794,900432250ATTACHD35
5875 BONITA RD$839,00063.12650DETACHD24
17423 SCHALIT WAY$849,00042.12442DETACHD6
1299 HIDE A WAY LN$849,900321893DETACHD10
5750 WASHINGTON CT$869,00032.12430DETACHD4
4686 WINTHROP CT$895,00042.12238DETACHD3
343 3RD ST$935,00033.12101ATTACHD3
17865 SARAH HILL LN$1,099,95042.12871DETACHD5
5175 SW FIRWOOD RD$1,199,999322117DETACHD4
820 FAIRWAY RD$1,930,00043.13758DETACHD2
4460 UPPER DR$2,604,46043.14081DETACHD39
548 RIDGEWAY RD$2,995,000533498DETACHD32

SOLD May 2-8, 2022

AddressOpeningClosedBedsBathsSFProp TypeDays
668 MCVEY AVE #15$224,900$224,90011636CONDO2
47 EAGLE CREST DR #7$259,900$270,00021932CONDO4
47 EAGLE CREST DR #13$259,000$278,00021932CONDO27
317 CERVANTES / Grnd$330,000$382,000221209CONDO21
5838 LANGFORD LN$699,000$691,000331811DETACHD3
4813 REDWING WAY$699,900$745,000422092DETACHD2
17721 ARBOR LN$785,000$800,000321521DETACHD4
181 3RD ST #5$995,000$987,987221523CONDO4
1432 GREENTREE CIR$859,900$1,002,000432792DETACHD5
18108 HOBBIT CT$1,289,000$1,289,00032.13780DETACHD6
3781 TEMPEST DR$1,250,000$1,300,00042.13927DETACHD4
5863 SUNCREEK DR$1,295,000$1,570,000333302DETACHD1
603 ATWATER RD$1,750,000$1,720,00043.13430DETACHD4
4579 UPPER DR$2,250,000$2,250,00043.13701DETACHD3
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 (***We’ve used “Days” in each category for ease of understanding) .

Market Activity April 30-May 1, 2022

Last week in Lake Oswego we had 18 new listings, 10 of which are now in pending status, 25 properties that accepted offers and went pending, and 18 sold/closed sales.

See below for RMLS data.

New on the Market April 30-May 1 2022

AddressTypePriceBRBathsSq Ft
4 Touchstone #119Condo$239,900321351
66 WheatherstoneCondo$650,00043.52500
1299 Hide A Way LnDetached$849,900321893
10 Morningview LnDetached$1,049,00043.53848
13300 Fox RunDetached$1,495,00052.54484
17766 Marylcreek DrDetached$1,499,90043.54470
5030 Firwood RdDetached$2,950,000544017
3015 Wembley Park RdDetached$3,500,00054.55211

Pending Sales April 30-May 1, 2022

AddressTypePriceBRBathsSq FtCDOM
44 Eagle Crest Dr #10Condo$210,000117982
4631 Lakeview BlvdCondo$210,000117530
3433 McNary Pkwy #208Condo$299,0002210083
520 S State StCondo$339,0002191415
200 Burnham Rd #406Condo$340,00021119919
210 Oswego SummitCondo$395,5002215065
24 Condolea DrCondo$469,0002214484
16 Oriole LnDetached$499,95022144819
4206 Woodside CirAttached$529,0003217997
10 Eagle Crest DrDetached$599,00032.518854
1825 Cedar CtDetached$700,0003116643
4752 Rembrandt LnDetached$700,00032.516416
5497 Willow CtAttached$749,90032.5242756
18413 Deer Oak CirDetached$764,0004218666
13855 Verte CtDetached$774,90032.5183522
762 9th StDetached$799,5002212814
12860 Sierra Vista DrDetached$880,0003223072
3130 Duncan DrDetached$899,00063.530072
13160 Princeton CtDetached$949,00042.532522
355 6th StAttached$975,00033.523623
5542 Dunmire DrDetached$1,015,00042.532564
217 5th StDetached$1,149,00032.521741
364 Northshore RdDetached$1,200,0003220661
324 9th StDetached$1,695,00032.527433
15825 Oswego Shore CtDetached$2,998,00033.5431712

Sold/Closed April 30-May 1, 2022

AddressTypeList PriceSold PriceSq FeetDOM
47 Eagle Crest Dr #16Condo$239,000$230,00093232
213 CervantesCondo$329,000$325,000121626
211 CervantesCondo$339,000$339,000110012
3958 Carman DrCondo$424,900$450,000113315
6321 Alyssa TerrAttached$499,900$508,0001,5465
5211 Madrona StDetached$574,900$600,00020428
2091 Bonniebrae DrAttached$625,000$650,00017926
6240 Shakespeare StDetached$625,000$697,50012384
4958 Galen StDetached$729,000$740,000201419
2542 Orchard Hill LnDetached$790,000$975,00017544
1004 Cumberland PlDetached$1,100,000$1,125,00033134
1909 Palisades TerraceDetached$1,150,000$1,240,00031003
13483 Snowberry CtDetached$1,150,000$1,350,00035183
4168 Chad DrDetached$1,249,000$1,450,00037442
1000 Upper Devon LnDetached$1,695,000$1,600,000353526
1979 County Club RdDetached$1,599,000$1,800,00041431
13744 Knaus RdDetached$1,850,000$1,850,000458735
13636 Goodall RdDetached$2,395,000$2,395,00043487

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