Market Activity March 4-10, 2024

Spring is happening! Sunny, blue skies, daffodils blooming, and the real estate market is picking up.

Last week in Lake Oswego we had 17 new listings. 2 of those sold very quickly and appear in this report as pending sales. We had 16 properties move to pending status and 6 closed sales.

See below for RMLS data.

New on the Market March 4-10, 2024

AddressTypePriceBedroomsBathsSq Feet
100 Kerr Pkwy #41Condo$225,00021.5822
5054 Foothills Dr HCondo$400,000321252
4462 Thunder Vista Ln #4462Condo$450,00022.51821
30 WheatherstoneCondo$525,00032.51692
4308 Botticelli StCondo$525,00033.52285
16900 Gassner LnDetached$839,000433703
15555 Heritage CtDetached$899,90032.52253
4908 Hastings DrDetached$950,00032.52109
2794 Vale CtDetached$995,00032.53277
13707 Fielding RdDetached$1,550,000433277
893 Cedar StDetached$1,925,00043.53953
13264 Goodall RdDetached$2,995,00044.55006
1255 Hoodview LnDetached$3,169,00043.54852
14370 Uplands DrDetached$3,300,00033.54220
920 Westpoint RdDetached$6,250,00044.56337

Pending Sales March 4-10, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
92 Cervantes CircleCondo$255,00021.5912267
580 S State StCondo$350,00031959220
26 Greenridge CtAttached$467,00032.51996127
5726 Dogwood DrDetached$519,0003126647
156 Ridgeway RdCondo$549,00032.520018
121 Wilbur StCondo$749,9003216314
5030 Centerwood StDetached$795,00042.523644
13819 Provincial Hill DrDetached$925,00032.520966
13440 Knaus RdDetached$1,200,00033381878
14081 Edenberry DrDetached$1,395,00042.533573
2679 Glen Eagles RdDetached$2,147,00044.5470938
4243 Upper DrDetached$2,249,90044336123
14383 Fosberg RdDetached$2,250,00043.545432
3070 Wembley Park RdDetached$2,395,00043.540322
14050 Goodall RdDetached$2,450,00054.5+.569439
3188 GlenmorrieDetached$2,995,00055.5558557

Sold/Closed March 4-10,2024

AddressTypeList PriceClosed PriceSq FeetCDOM
92 Oswego SummitCondo$225,000$215,0007645
4 Touchstone #68Condo$275,000$275,0009843
5214 Rosewood StDetached$709,900$712,00019343
660 Tippecanoe CtDetached$875,000$865,00015383
18521 Waxwing CircleDetached$1,250,000$1,150,000293672
125 3rd StCondo$1,200,000$1,215,00014472

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 Area Feb 2024 Stats + LO

Here is your breakdown from the previous month/February for Portland and surrounding areas including LO broken out at the bottom. ***Be sure to check out the Neighborhood Report which categorizes down into smaller pieces.

Overview/Fluctuations ~ February 2024 Market Data:                                                OK! We still need more Inventory but, noting the usual surge at the beginning of the year, we’re still in decent shape compared to recent history. More people are Listing their homes than at this time last year, and Buyer activity is up as evidenced by the rise in Pending sales/Accepted Offers over last month. East side prices all appear to be rising and we see West Portland, Beaverton, Tigard and Hillsboro areas all seeming to take a little dip.

Rates: “No surprises with recent inflation and jobs data means rates are holding steady in the mid to upper 6% range”         Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report  for the Portland Metro Area February 2024:

  • There were 2,085 New Listings in February which is up 18.2% from 1,764 in Feb 2023 and up 7.4% from the 1,941 in the previous month/January.
  • At 1,284 Feb 2024’s Closed Sales (Solds) are down 10.5% from Feb 2023’s 1,434, and up 14.6% from the previous month’s total of 1,120.
  • At 1,742 Feb 2024’s Pending Sales (Accepted Offers) are up 2.3% from Feb 2023’s  1,703, and up 16.8% from the previous month/January’s total of 1,492.
  • The Average Sale Price for Feb 2024 of, $576,900 is up$7,700. from last year/ Feb 2023’s $569,200, and up $12,300 from the p­­revious month/Jan’s $564,600. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in Feb 2024 of $530,000 is up $17,100 from Feb 2023’s $512,900, & up $25,000 from Jan’s $505,000

LAKE OSWEGO: (Month of Feb ’24)

177 Active Listings (Jan 167)
123 New Listings  (Feb 96)
91 Pending Sales (Feb 69)
60 Closed Sales  (Feb 44)
Average Sale Price for Feb: $1,018,400 (Jan $883,600)
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.
77 Days on the Market   (Jan 89)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ Feb 26-March 3, 2024

Last week Lake Oswego had 18 New properties enter the market, 17 move to Pending status, and 13 that Sold/Closed. There are currently 125 properties available ranging from $199,900 to $11,500,000.

Here is the breakdown according to RMLS:

NEW Feb 26-Mar 3, 2024

AddressList PriceBedsBathsSFProp Type
5058 FOOTHILLS DR #100$449,900221370CONDO
5726 SW DOGWOOD DR$519,000312664DETACHD
156 RIDGEWAY RD$549,00032.12001CONDO
5097 ROSEWOOD ST$725,00042.11920DETACHD
121 WILBUR ST$749,900321631CONDO
5030 CENTERWOOD ST$795,00042.12364DETACHD
18150 BRYANT RD$824,900321468DETACHD
13819 PROVINCIAL HILL DR$925,00032.12096DETACHD
5228 COVENTRY CT$975,00042.12382DETACHD
17654 CARDINAL DR$1,195,00032.12042DETACHD
625 3RD ST$1,198,00032.12645ATTACHD
19263 35TH PL$1,225,00043.13476DETACHD
1131 DEVON LN$1,275,00043.13697DETACHD
16368 LAKE FOREST BLVD$1,399,00042.12750DETACHD
17625 WOODHURST PL$1,648,00054.14513DETACHD
4311 UPPER DR$1,849,00043.15051DETACHD
14383 FOSBERG RD$2,250,00043.14543DETACHD
14050 GOODALL RD$2,450,00054.26943DETACHD

PENDING Feb 26-Mar 3, 2024

AddressList PriceBedsBathsSFProp TypeDays
750 1ST ST, C-16$349,995221350CONDO157
4516 LOWER DRb B4$575,00032.11997CONDO17
3485 DEVONSHIRE DR$624,950321556ATTACHD32
5 PHEASANT RUN$634,900321420DETACHD121
31 PARTRIDGE LN$749,900433158DETACHD5
17 SPINOSA$750,000323123DETACHD12
5995 SHAKESPEARE ST$899,999332600DETACHD47
3814 RIVERS EDGE DR$969,00042.12937DETACHD35
16084 WHITE OAKS DR$975,00042.12226DETACHD12
5228 COVENTRY CT$975,00042.12382DETACHD1
363 3RD ST$1,015,00033.12112ATTACHD9
13265 FOX RUN$1,089,00042.12614DETACHD8
1131 DEVON LN$1,275,00043.13697DETACHD2
3721 UPPER DR$1,500,00042.13249DETACHD297
2711 GREENTREE RD$1,749,00053.13315DETACHD48
4355 HAVEN ST$1,899,90044.13211DETACHD96
17485 CARDINAL DR$2,590,00043.13307DETACHD4

SOLD Feb 26-Mar 3, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
205 / Main$275,000$195,00021.11216CONDO207
85 GALEN ST / Grnd$289,900$278,00022989CONDO113
4333 SILVER CT$515,000$515,00032.11902CONDO7
16184 LAKE FOREST BLVD$510,000$520,000311342DETACHD8
121 TOUCHSTONE TER$560,000$560,00032.11964ATTACHD4
7 PEACOCK PL$579,000$570,00032.11388DETACHD104
18667 SW BENFIELD AVE$709,900$690,000421414DETACHD2
31 CHURCHILL DOWNS$775,000$775,00064.13794DETACHD146
2255 GLEN HAVEN RD$1,069,000$800,000332814DETACHD206
5554 ROYAL OAKS DR$850,000$830,000321861DETACHD17
17890 ROYCE WAY$1,000,000$1,050,000633108DETACHD3
674 1ST ST$1,195,000$1,124,50022.12147CONDO173
4255 CHAD DR$1,350,000$1,250,00043.13853DETACHD173

Market Activity Feb 19-25, 2024

Last week in Lake Oswego there were 14 new listings. Of those, 6 sold very quickly and appear in this report as pending sales. Offers were accepted on 18 properties that are now in pending status, and there were 6 completed sales.

What struct me in compiling this report is how fast houses are selling. Of the houses that went pending, 9 sold in less than a week. This is a great time to put your house on the market!

New on the Market Feb 19-25, 2024

AddressTypePriceBedroomsBathsSq Feet
4619 Lakeview BlvdCondo$282,90011753
16 Polonius StDetached$790,00032.52588
363 3rd StAttached$1,015,00033.52112
13265 Fox RunDetached$1,089,00042.52614
1451 Greentree CirDetached$1,195,00043.52328
4079 Coltsfoot LnDetached$1,399,000443308
17485 Cardinal DrDetached$2,590,00043.53307
2101 Wembley ParkDetached$3,100,00054.55016

Pending Sales Feb 19-25 2024

92 Oswego SummitCondo$225,000117645
3103 McNary Pkwy #18Attached$399,00032.518843
750 1st St #26Condo$425,0002213504
5498 Tree StDetached$525,0003110143
1682 Bonniebrae DrAttached$585,0004216115
4 Garibaldi StDetached$699,00032.524302
16902 Lower Meadows DrDetached$700,00032.51768131
4736 Amherst CtAttached$749,90032.5292925
14231 Edenberry DrDetached$999,99942.529365
125 3rd StCondo$1,200,00022144717
14257 Edenberry DrDetached$1,245,00032.5334717
5406 Langford LnDetached$1,279,00032.5341524
2107 Goodall CtDetached$1,495,00043302912
1420 Morning Sky CtDetached$1,529,90043.536134
13571 Westlake DrDetached$1,625,00054.5407916
1425 Maple StDetached$1,935,00043.5358319
19175 Pilkington RdDetached$2,149,00054412936
755 Ellis AveDetached$3,587,00054.5496694

Sold/Closed Feb 19-25, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
1221 Boca Ratan DrAttached$550,000$465,0001812246
1951 Greentree RdDetached$599,900$640,00024494
740 Pebble Beach CtDetached$1,050,000$949,0001745132
18810 Stafford RdDetached$999,000$1,275,00018843
4039 Canal Woods CtDetached$1,450,000$1,412,500417829
4200 Old Gate RdDetached$2,795,000$2,600,0004871176

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 ~ Feb 12-18, 2024

Last week Lake Oswego had 20 properties entering the market (New), 15 moving to Pending status, and 10 that Sold/Closed. There are currently 117 homes available ranging from $199,900 to $11,500,000

Here is the breakdown according to RMLS:

NEW Feb 12-18, 2024

AddressList PriceBedsBathsSFProp Type
92 Oswego Summit #92$225,00011764CONDO
668 MCVEY AVE #14$389,50011636CONDO
3942 CARMAN DR$479,90032.11326CONDO
4516 LOWER DR, B4$575,00032.11997CONDO
1682 BONNIEBRAE DR$585,000421611ATTACHD
111 3RD ST / Upper$650,000221206CONDO
17 SPINOSA$750,000323123DETACHD
16084 WHITE OAKS DR$975,00042.12226DETACHD
14231 Edenberry DR$999,99942.12936DETACHD
24 AQUINAS ST$1,050,00032.13200DETACHD
1053 YATES ST$1,075,00042.12598DETACHD
139 DEL PRADO ST$1,615,00042.12935DETACHD
2917 WESTVIEW CIR$1,690,00054.14343DETACHD
4243 UPPER DR$2,249,900443361DETACHD
361 10TH ST$2,949,90044.13710DETACHD
3145 Douglas CIR$3,299,90044.14735DETACHD
17930 KELOK RD$3,449,90053.24715DETACHD
17227 CANAL CIR$4,450,00054.14720DETACHD
13770 GOODALL RD$4,995,00054.15891DETACHD
951 ATWATER RD$6,295,00075.19163DETACHD

PENDING Feb 12-18, 2024

AddressList PriceBedsBathsSFProp Type
92 Oswego Summit #92$225,00011764CONDO
668 MCVEY AVE #14$389,50011636CONDO
3942 CARMAN DR$479,90032.11326CONDO
4516 LOWER DR, B4$575,00032.11997CONDO
1682 BONNIEBRAE DR$585,000421611ATTACHD
111 3RD ST / Upper$650,000221206CONDO
17 SPINOSA$750,000323123DETACHD
16084 WHITE OAKS DR$975,00042.12226DETACHD
14231 Edenberry DR$999,99942.12936DETACHD
24 AQUINAS ST$1,050,00032.13200DETACHD
1053 YATES ST$1,075,00042.12598DETACHD
139 DEL PRADO ST$1,615,00042.12935DETACHD
2917 WESTVIEW CIR$1,690,00054.14343DETACHD
4243 UPPER DR$2,249,900443361DETACHD
361 10TH ST$2,949,90044.13710DETACHD
3145 Douglas CIR$3,299,90044.14735DETACHD
17930 KELOK RD$3,449,90053.24715DETACHD
17227 CANAL CIR$4,450,00054.14720DETACHD
13770 GOODALL RD$4,995,00054.15891DETACHD
951 ATWATER RD$6,295,00075.19163DETACHD

SOLD Feb 12-18, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
640 SOUTH SHORE BLVD$715,000$631,000322391DETACHD85
5733 KIMBALL CT$669,000$645,000421346DETACHD159
12 INDEPENDENCE AVE$839,500$815,000442994DETACHD53
4690 AUBURN LN$900,000$840,00033.12750ATTACHD76
29 DEL PRADO ST$1,050,000$1,070,000423037DETACHD3
14232 KIMBERLY CIR$1,250,000$1,235,000433672DETACHD84
6040 LAKEVIEW BLVD$1,349,000$1,350,000533701DETACHD10
5320 CHILDS RD$2,100,000$1,825,000634765DETACHD29
17312 BERGIS FARM DR$1,999,000$1,999,00044.24804DETACHD104
12790 S FIELDING RD$4,990,000$4,900,00067.19124DETACHD143
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 Feb 5-11, 2024

Last week in Lake Oswego there were 13 new listings. One sold very fast and appears in this report as a pending sale. 12 properties received offers that were accepted and are now in pending status. 9 purchases closed and are now sold.

What caught my attention is the Days on the Market. It looks like either a property sells really fast, or it takes way too long. It’s all about correct pricing. People shopping for homes are smart. They compare the houses that they see and recognize a well-priced home. This does not mean underpriced. It does mean NOT overpriced. Correctly priced houses sell with in a few weeks, and they sell at or very close to the asking price. It’s not rocket science.

See below for RMLS data.

New on the Market

AddressTypePriceBedroomsBathsSq Feet
668 McVey Ave #14Condo$389,50011636
51 Condolea CtCondo$599,00032.52198
5512 Childs RdDetached$750,000421928
17558 Bryant RdDetached$845,00042.52172
14480 Camden LnDetached$940,00032.52069
14257 Edenberry DrDetached$1,295,00042.53347
818 Ash StDetached$1,395,000321500
922 E AveDetached$1,495,000321793
2107 Goodall CtDetached$1,495,000433029
13571 Westlake DrDetached$1,625,00054.54079
12830 Alto Park RdDetached$1,899,90043.53509
17341 Westview DrDetached$2,548,00043.53647

Pending Sales Feb 5-11, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
1951 Greentree RdDetached$599,9003324494
18667 Benfield AveDetached$709,9004214142
31 Churchill DownsDetached$775,00064.53794146
875 Palisades Terrace DrDetached$865,0004321815
740 Pebble Beach CtDetached$949,000321745132
18810 Stafford RdDetached$999,000218843
4039 Canal Woods CtDetached$1,450,00043.5417829
47 Hillshire DrDetached$1,495,00042.53324147
1800 Sarah Hill LnDetached$1,650,00042.53085232
18187 Siena DrDetached$1,850,00043.539084
17312 Bergis Farm DrDetached$1,999,00044.5+.54804104
17660 Wayside LnDetached$2,600,00055.5597529

Sold/Closed Feb 5-11, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
4000 Carman Dr #91Condo$295,000$298,0007673
3804 Botticelli StCondo$330,000$330,00011321
4 Touchstone Dr #35Condo$345,000$340,000130313
18017 Tualata AveDetached$595,500$595,500112418
16724 Roosevelt AveDetached$599,000$599,00012703
51 Oriole LnDetached$589,000$601,500121699
4745 Dogwood DrDetachedAuction$946,050392043
17104 Canal CircleDetached$1,950,000$1,855,0003473325
4394 Lords LnDetached$1,975,000$1,950,00039051

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 ~ Jan 29 – Feb 4, 2024

Last week there were 15 properties New to the market in Lake Oswego. 10 received Offers and moved to Pending status, and 3 Sold/Closed. Right now there are 104 lovely homes available ranging from $199,900 to $11,500,000. Four are in “Bump-able” status meaning that they’re under some kind of contingent contract and you may view them and make an Offer of your own if you like.

Here is the breakdown according to RMLS:

NEW Jan 29-Feb 4, 2024

AddressList PriceBedsBathsSFProp Type
45 EAGLE CREST DR, #119$299,119$321348CONDO
209 CERVANTES, Lower$330,000$21.11216CONDO
284 CERVANTES, Lower$345,000$221052CONDO
200 BURNHAM RD, #306$359,000$211199CONDO
5052 FOOTHILLS DR, C$445,000$321252CONDO
750 1ST ST, #26$447,000$221350CONDO
1951 Greentree RD$599,900$332449DETACHD
2818 POPLAR WAY$650,000$311056DETACHD
2062 CEDAR CT$898,000$321805DETACHD
4575 OAKRIDGE RD$925,000$32.11976ATTACHD
18810 STAFFORD RD$999,000$211884DETACHD
18100 BRYANT RD$1,050,00031.11804DETACHD
5406 LANGFORD LN$1,279,00032.13415DETACHD
18187 SIENA DR$1,850,00043.13908DETACHD
17331 CANYON DR$2,295,000443795DETACHD

PENDING Jan 29-Feb 4, 2024

AddressList PriceBedsBathsSFProp TypeDays
85 GALEN ST$279,90022989CONDO113
4333 SILVER CT$515,00032.11902CONDO7
121 TOUCHSTONE TER$560,00032.11964ATTACHD4
5554 ROYAL OAKS DR$850,000321861DETACHD17
660 TIPPECANOE CT$875,000321538DETACHD3
939 SUNNY HILL DR$949,90042.13250DETACHD213
17890 ROYCE WAY$1,000,000633108DETACHD3
674 1ST ST$1,175,00022.12147CONDO173
18521 WAXWING CIR$1,200,00042.12936DETACHD72
1836 HIGHLANDS LOOP$2,450,00044.25494DETACHD449

SOLD Jan 29-Feb 4, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
3433 MCNARY PKWY #407$275,000$275,000221008CONDO41
950 TERRACE DR$1,950,000$1,969,00043.14619DETACHD21
17132 LOWENBERG TER$2,100,000$2,010,00044.23322DETACHD61
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 Jan 22-28, 2024

Last week in Lake Oswego there were 6 new listings. One sold very fast and appears in this report as a pending sale. There were 13 properties that accepted offers and went into pending status. There were 6 properties that finalized the purchase and are now sold/closed.

See below for RMLS data.

New on the Market Jan 22-28, 2024

AddressTypePriceBedroomsBathsSq Feet
750 1st St C-16Condo$395,000221350
121 Touchstone TerAttached$560,00032.51964
3485 Devonshire DrAttached$624,950321556
3814 Rivers Edge DrDetached$1,000,00042.53213
668 McVey Ave #50Condo$1,295,00011636

Pending Jan 22-28, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
45 Eagle Crest Dr #122Condo$315,0003213488
14362 Sherbrook PlAttached$475,00021.51279106
16184 Lake Forest BlvdDetached$510,0003113428
100 Leonard St 2-4Condo$550,000221736236
7 Peacock PlDetached$579,00032.51388104
5733 Kimball CtDetached$659,000421346159
12 Independence AveDetached$839,50044299453
4690 Auburn LnAttached$885,00033.5275076
4255 Chad DrDetached$1,250,00043.5385315
4039 Canal Woods CtDetached$1,450,00043.5417814
950 Terrace DrDetached$1,950,00043.5461921
4394 Lords LnDetached$1,975,00043.539051
17132 Lowenberg TerDetached$2,050,00044.5+.5332261

Closed/Sold Jan 22-28, 2024

AddressTypeList PriceSold PriceSq FeetCDOM
16237 Lake Forest BlvdDetached$525,000$525,00011328
1621 Ash StDetached$699,900$705,00018873
369 5th StDetached$825,000$750,000155252
17903 Ridge Lake DrDetached$854,999$836,000254072
4360 Westbay RdDetached$1,274,000$1,190,000263666
670 1st StCondo$1,515,000$1,392,4002767133

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 ~ Jan 15-21, 2024

Last week we saw sparse activity largely attributable to the challenging weather & frozen roads inhibiting travel. Even so, however, 4 homes entered the market, 3 moved to Pending status, and 4 Closed/Sold. Two of the three Pending sales were on the market a very short period of time, one of them 4 days appearing as both New and Pending in this same report…so people are out looking for and buying homes regardless of the weather!

Here is the breakdown according to RMLS:

NEW Jan 15-21, 2024

AddressList PriceBedsBathsSFProp Type
4000 CARMAN DR #91$295,000$11767CONDO
45 EAGLE CREST DR #122$315,000$321348CONDO
3804 BOTTICELLI ST$330,000$21.11132CONDO
16184 LAKE FOREST BLVD$510,000$311342DETACHD

PENDING Jan 15-21, 2024

AddressList PriceBedsBathsSFProp TypeDays
4000 CARMAN DR #91$295,000$11767CONDO3
4 SW TOUCHSTONE DR #135$345,000$32.11303CONDO15
2255 GLEN HAVEN RD$859,000$332814DETACHD206

SOLD Jan 15-21, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
11 OSWEGO #11$332,800$311,000$221241CONDO2
4089 JEFFERSON PKWY$445,000$389,900$22.11361CONDO446
16211 INVERURIE RD$699,900$725,000$32.11819DETACHD26
2320 GLEN HAVEN RD$2,169,900$2,119,900$343875DETACHD140
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 Jan 8-14, 2024

My first market activity report of the new year. Love it!

Last week in Lake Oswego there were 7 new listings, one of which sold quickly and appears in this report as a pending sale. There were 10 properties that accepted offers and moved to pending status, and there were 5 closed sales.

See below for RMLS data.

New Listings Jan 8-14, 2024

AddressTypePriceBedroomsBathsSq Feet
200 Burnham Rd #209Condo$412,000221305
5554 Royal Oaks DrDetached$850,000321861
5995 Shakespeare StDetached$929,950332600
4039 Canal Woods CtDetached$1,450,00043.54178
2711 Greentree RdDetached$1,749,00053.53315
17660 Wayside LnDetached$2,600,00055.55975

Pending Sales Jan 8-14, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
1221 Boca Ratan DrAttached$499,00032.5181278
51 Oriole LnDetached$589,00032121699
16724 RooseveltDetached$599,00031.512703
369 5th StDetached$825,00021155252
21 Hidalgo StDetached$990,00043339278
29 Del Prado StDetached$1,050,0004230373
3857 Carman DrDetached$1,095,00032.5253137
5320 Childs RdDetached$2,100,00063476529
2320 Glen Haven RdDetached$2,119,90034387510
4200 Old Gate RdDetached$2,675,00054.548719

Sold/Closed Jan 8-14, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
2031 Bonniebrae DrAttached$555,000$460,0001611119
12844 Boones Ferry Rd #117Condo$489,000$475,000119176
5453 Willow CtAttached$762,000$740,000244691
1724 Oak StDetached$900,000$878,000218917
2348 Overlook DrDetached$1,025,000$900,0002567130

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.