Market Activity Report Sept 13-19, 2021

Last week in Lake Oswego the market was quite evenly balanced between buyers and sellers. There were 22 new listings, 19 properties that moved to pending status, and 22 sold/closed homes. That’s a spread of just 3 between all catagories. Very balanced.

See below for RMLS details.

New on the Market Sept 13-16, 2021

AddressTypePriceBRBathsSq Ft
100 Kerr Pkwy #11Condo$169,00011617
100 Kerr Pkwy #38Condo$185,00011628
47 Eagle Crest Dr #56Condo$240,000311031
3101 McNary Pkwy #6Attached$415,00032.51884
18840 SW 65th AveDetached$549,00032.51634
20 Aquinas StDetached$649,90042.51838
4450 Chapman WayDetached$726,000432262
1648 Ash StDetached$750,000321877
559 Garibaldi StDetached$849,00043.53724
559 2nd St #206Condo$820,000221412
1335 Laurel StDetached$850,000211898
6073 Carman DrDetached$965,00032.52751
546 Weidman CtDetached$990,000533445
14527 Pfeifer WayDetached$1,250,00043.53803
18365 SW 65th WayDetached$1,290,000543331
14322 Edenberry DrDetached$1,295,00042.53262
118 cornell CtDetached$1,399,90054.54663
17265 Woodhurst PlDetached$1,495,00054.54513
18820 Green Bluff DrDetached$1,495,00044.55643
720 6th StDetached$2,250,00043.54601
6720 Childs RdDetached$2,395,00044.56898
4247 Lords LnDetached$2,650,00043.53785

Pending sales Sept 13-16, 2021

AddressTypePriceBRBathsSq FtCDOM
44 Eagle Crest Dr #20Condo$219,0002190856
4 Touchstone #157Condo$224,9002298417
4 Touchstone #103Condo$230,00032.513511
53 Galen StCondo$264,9002298925
5225 Jean Rd #203Condo$359,90032140098
4429 Thunder Vista LnCondo$479,90022.5200229
16351 Pacific HwyDetached$485,0003317422
6195 Harrington AveDetached$525,0004215983
5711 McEwan RdDetached$565,00032146724
1022 Yates StDetached$565,00031.511183
1682 Fircrest DrDetached$699,90042.523044
4954 Buck Brush LnDetached$729,0003224897
4954 Mulholland DrAttached$719,90032.524984
16033 Reese RdDetached$849,90042.528105
1161 Sunningdale RdDetached$950,00032.523783
658 Boca Ratan DrDetached$967,00043.5359312
1839 Palisades Lake CtDetached$1,499,00043.545709
16206 Reese RdDetached$1,895,00043.545709
1075 Chandler RdDetached$2,699,00054.55710113

Sold closed Sept 13-16, 2021

AddressTypeList PriceSold PriceSq FtCDOM
47 Eagle Crest Dr #41Condo$230,000$230,00093214
12 Oswego SummitCondo$300,000$285,0001,14041
12848 Boones Ferry RdCondo$425,000$435,00011820
1589 Boca Ratan DrAttached$470,000$458,618161119
41 Oriole LnDetached$500,000$500,000156410
1700 Bonniebrae DrAttached$469,698$513,00017396
16 Walking Woods DrDetached$649,000$610,000289711
16885 Fernwood DrDetached$639,500$623,513162453
17621 Arbor LnDetached$685,000$700,00021204
19 Da Vinci StDetached$650,000$700,00018746
16904 Cherry Crest AveDetached$759,000$759,0002,1672
4545 Black Forest CtDetached$799,000$825,00021682
656  3rd StDetached$675,000$850,00012005
41 TouchstoneDetached$920,000$940,000309021
13366 Boones Ferry RdDetached$1,095,000$1,075,00035895
511 Weidman CtDetached$995,000$1,100,00036525
14002 Chelsea DrDetached$1,195,000$1,175,000345732
14071 Sundeleaf DrDetached$999,000$1,200,00026243
13864 Amberwood CirDetached$1,295,000$1,375,00031150
572 4th StAttached$1,595,000$1,525,000336410
615 4th StDetached$1,750,000$1,750,00036910
940 Upper Devon LnDetached$1,945,000$1,875,000484859

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.

News & Notes ~ August Numbers 2021

Here is the latest look at the overall Portland area and how Lake Oswego fits into that picture. Don’t miss the Portland Neighborhood Report (below) with values, time on market and appreciation rates broken out for our Property Blotter readers.

Overview/Fluctuations ~  Market Data Aug 2021:                                                                                            August is never a robust month in Portland, but things are moving right along. With the exception of some slight shuffling, we saw a pretty “no-drama” month in terms of pricing stability and sales compared to July. Market time remains only slightly different than July, at 23 days compared to July’s 20 days overall. New Listings dropped off for a bit as we’d expect, and Inventory rose slightly to a whopping 1-month’s supply (just a tad under last August).

Rates are hanging right at 3.0% as of today, but there is pressure on rates to move higher.

According to the RMLS Market Action Report  for the Portland Metro Area, Aug 2021:

  • There were 3,698 New Listings in Aug 2021 dropping 4.8% from Aug 2020’s 3,885 and 13.3% from the previous month/July’s 4,267.
  • At 3,219, Aug 2021’s Closed Sales are up 2.2% from Aug 2020’s 3,149, and fell 6.4% from the previous month/July’s total of 3,439.
  • At 3,535, Aug 2021’s Pending Sales decreased 4.4% from Aug 2020’s 3,697, and are also up 5.4% from the previous month/July’s total of 3,354.
  • The Average Sale Price in Aug 2021 of $583,600 is up $72,600 from last year/Aug 2020’s $511,000, and down $9,500. from the previous month/July’s $593,100.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Aug 2021 of $525,000 rose $76,000 from last year/Aug 2020’s $449,000, and also increased $3,000 from the previous month/July’s $522,000.

LAKE OSWEGO:

  • 161 Active Listings (July 165)
  • 168 New Listings    (July 214)
  • 163 Pending Sales (July 177)
  • 171 Closed Sales    (July 184)
  • Average Sale Price for July: $878,000 (July $1,020,600)
    • 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.
  •  23 Average Days on the Market   (July 19)

Market Activity ~ Sept 6-12, 2021

This last week in Lake Oswego there were 11 New homes entering the market, 18 moving to Pending status (accepted Offers), and 19 that Closed/Sold.

Right now there are 93 lovely properties available in Lake Oswego!

Here is the latest breakdown according to RMLS:

NEW Sept 6-12, 2021

AddressList Price# Beds# BathsTotal SFProp Type
100 KERR PKWY  #2$199,00022822CONDO
316 CERVANTES CIR  #316$220,00021832CONDO
4000 CARMAN DR, C44$260,00022866CONDO
68 WHEATHERSTONE CT$549,90043.12465CONDO
26 PREAKNESS CT$663,00021.11654ATTACHD
16624 ROOSEVELT AVE$699,900322802DETACHD
4085 BUCK BRUSH LN$729,000322489DETACHD
4104 LAKEVIEW BLVD$849,000422244DETACHD
180 IRON MOUNTAIN BLVD$1,495,000543378DETACHD
1839 PALISADES LAKE CT$1,499,00043.14570DETACHD
3330 CEDAR CT$1,649,00043.14467DETACHD

PENDING Sept 6-12, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
79 OSWEGO SMT / Upper$239,000221212CONDO2
200 BURNHAM RD   #402$355,000221305CONDO10
210 S STATE ST  #9$525,00032.11642CONDO19
12572 BOONES FERRY RD$525,000421577DETACHD113
17902 TAMARA AVE$569,900422082DETACHD59
17830 SW TUALATA AVE$595,000321373DETACHD30
825 OAK ST$595,000321335DETACHD4
656 3RD ST$675,000321200DETACHD5
12363 CLARA LN$699,999311390DETACHD3
1571 WOODLAND TER$715,000322400DETACHD121
20 DA VINCI ST$799,900533089DETACHD1
48 SPINOSA$799,90043.12848DETACHD33
6413 MCDUFF CT$1,035,00032.13091DETACHD3
17151 WALL ST$1,099,000644141DETACHD79
5349 CARMAN GROVE LN$1,298,000432903DETACHD22
2420 PRESTWICK RD$1,420,00063.13723DETACHD73
4715 FIRWOOD RD$1,452,561433586DETACHD4
2088 CREST DR$6,995,00046.18259DETACHD91

SOLD Sept 6-12, 2021

AddressOpeningClosed# Beds# BathsTotal SFProp TypeCDOM
12826 Boones Ferry RD$445,000$434,00022.11182CONDO6
15115 QUARRY RD$725,000$650,000432865DETACHD19
457 LAUREL ST$650,000$660,000332264DETACHD14
6666 SW CHILDS RD$750,000$725,000312408DETACHD8
12 MORNINGVIEW LN$730,000$730,00032.12718ATTACHD4
13366 AUBURN CT$750,000$735,00032.12492ATTACHD11
49 DA VINCI ST$739,000$772,000322351DETACHD26
1430 LARCH ST$815,000$800,000332312DETACHD7
5466 BAY CREEK DR$789,000$820,000332535DETACHD4
1672 HIGHLAND DR$699,900$825,000421867DETACHD4
18360 TUALATA AVE$845,000$891,00052.12703DETACHD10
1739 PALISADES TERRACE DR$1,095,000$975,00042.13654DETACHD33
16750 PHANTOM BLUFF CT$899,000$975,000332267DETACHD2
4750 UPPER DR$1,149,000$1,035,00053.13091DETACHD125
2011 RIDGEWOOD LN$999,900$1,050,00053.13115DETACHD75
4721 FIRWOOD RD$1,425,000$1,449,995433236DETACHD0
2950 GREENTREE RD$1,495,000$1,495,00043.13691DETACHD8
2167 WEMBLEY PARK RD$1,750,000$1,780,00043.14015DETACHD9
13217 AMBER PL  #1`$1,650,000$2,000,00043.13861DETACHD474

Market Activity August 30-September 5, 2021

This is the time of year, as school starts, when the market typically starts to let off the gas a bit. I just don’t see that happening. Last week in LO we had 10 new listings, 32 properties (!) move into pending status, and 32 closed/sold. We are winding down the summer in an all steam ahead fashion.

See below for RMLS data.

New Listings Aug 30-Sept 5, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #157Condo$224,90022984
200 Burnham Rd #402Condo$355,000221305
750 1st St E27Condo$615,900221350
6472 Dawn StDetached$695,000321032
4848 Lower DrDetached$822,000432531
658 Boca Ratan DrDetached$967,00043.53593
17001 Westview DrDetached$968,500322005
16164 Parker Rd #1Detached$1,395,000543257
548 4th StAttached$1,524,90034.53186
1913 Cheryl CtDetached$1,895,00044.55341

Pending Sales Aug 30-Sept 5, 2021

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy #31Condo$185,000116175
100 Kerr Pkwy #43Condo$214,9002282341
96 Cervantes CircleCondo$230,00021.59127
36 Crestfield CtCondo$279,900219213
4000 Carman Dr E70Condo$299,900229743
4652 Lower DrCondo$350,00021.511704
5101 Jean RdCondo$475,0003110125
16691 Bonaire AveDetached$499,9003111103
4528 Lower DrCondo$525,00032.517869
8 Bolivar StDetached$640,0002221492
16 Walking Woods DrDetached$649,00032.5289711
14 Preakness CtAttached$669,00022.521906
3065 Royce WayDetached$750,00042.5272646
15509 Partridge DrDetached$789,9004322993
4545 Black Forest CtDetached$799,00042.521682
759 Timberline DrDetached$835,00043292870
19431 Kokanee CtDetached$849,90042.522144
17994 Saint Clair DrDetached$900,00052.539163
920 York RdDetached$985,0004320262
2936 SW Orchard Hill PlDetached$989,00042.5408961
4261 Cobb WayDetached$1,089,0004323621
13536 Streamside DrDetached$1,150,00043.530337
15776 Inverurie RdDetached$1,299,00032235249
14495 Pfeifer DrDetached$1,299,90043394421
1687 Village Park LnDetached$1,399,00043336274
4721 Firwood RdDetached$1,425,0004332360
4531 West RdDetached$1,429,00033.5392654
16650 Fir LnDetached$1,898,00043.538608
940 Upper Devon LnDetached$1,945,00043.5484859
929 Cumberland RdDetached$2,495,00056.551293
1199 Fairway RdDetached$3,498,00044.5+.5552733
259 Pine Valley RdDetached$4,000,00044.546400

Sold/Closed Aug 30-Sept 5, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Toushstone #69Condo$220,000$220,000135133
3433 McNary Pkwy #302Condo$285,000$265,0001,20812
5058 Foothills Dr ACondo$420,000$418,00012528
1 Peacock PlDetached$529,000$500,000133630
17500 Pilkington RdDetached$460,000$500,00010508
17 Aquinas StDetached$599,900$660,00021396
13198 Peters RdDetached$695,000$677,750263029
605 7th StDetached$775,000$750,00020353
4 Sherwood CtDetached$825,000$757,000287016
16901 Lakeridge DrDetached$724,000$762,50020803
1033 Spruce STDetached$765,000$775,0001,6634
18260 Indian Creek DrDetached$759,000$790,000208211
17730 Marylbrook DrDetached$850,000$840,000295114
17211 Robb PlDetached$790,000$840,00020855
491 Country Club RdDetached$865,000$850,000248697
14121 Redwood CtDetached$696,900$867,500282724
4987 Bilford LnDetached$799,900$890,00023025
19531 River Run DrDetached$899,900$975,00024405
13060 SW Elk Rock RdDetached$1,178,000$1,100,00036819
13207 Deerfield CtDetached$1,175,000$1,125,000380135
17543 Lake Haven DrDetached$1,185,000$1,125,00023339
12730 Adrian CtDetached$1,295,000$1,178,000301424
5428 Royal Oaks DrDetached$1,200,000$1,200,00049947
151 3rd St #1Condo$1,499,000$1,475,000327837
2805 Southshore BlvdDetached$1,300,000$1,553,05026233
3155 Upper DrDetached$1,599,900$1,720,00032971
2165 Ridge Point DrDetached$2,100,000$1,828,000474929
2572 Glen Eagles PlDetached$2,595,000$2,300,0006532107
18000 Eastridge LnDetached$2,495,000$2,495,00056106
17575 S Crestline DrDetached$3,500,000$2,925,000749648
3328 Lakeview BlvdDetached$6,398,000$6,175,000667518
4210 Virginia WayDetached$1,549,000$1,365,000350858

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 ~ Aug 30-Sept 5, 2021

This last week in Lake Oswego we had 12 Properties enter the market, 27 go Pending (Accepted Offers) and 30 Closed/Sold. There are 80 wonderful homes for sale in Lake Oswego right now.

NEW Aug 30-Sept 5, 2021

AddressList Price# Beds# BathsTotal SFProp Type
4 TOUCHSTONE  #157$224,90022984CONDO
200 BURNHAM RD  #402$355,000221305CONDO
750 1ST ST / Upper$615,900221350CONDO
656 3RD ST$675,000321200DETACHD
6472 SW DAWN ST$695,000321032DETACHD
4848 LOWER DR$822,000432531DETACHD
658 BOCA RATAN DR$967,00043.13593DETACHD
17001 WESTVIEW DR$968,500322005DETACHD
6413 MCDUFF CT$1,035,00032.13091DETACHD
16164 PARKER RD #1$1,395,000543257DETACHD
548 4TH ST$1,524,90034.13186ATTACHD
1913 CHERYL CT$1,895,00044.15341DETACHD

PENDING Aug 30-Sept 5, 2021

Address List Price# Beds# BathsTotal SFProp TypeCDOM
100 KERR PKWY, #31$185,00011617CONDO5
100 KERR PKWY, #43$214,90022823CONDO41
36 CRESTFIELD CT / Upper$279,90021921CONDO48
4000 CARMAN DR  E70$299,90022974CONDO3
4652 LOWER DR / Upper$350,00021.11170CONDO4
5101 JEAN RD$475,000311012DETACHD5
16691 BONAIRE AVE$499,900311110DETACHD3
5711 MCEWAN RD$565,000321467DETACHD10
8 BOLIVAR ST$640,000222149DETACHD3
16 WALKING WOODS DR$649,00032.12897DETACHD11
14 PREAKNESS CT$669,00022.12190ATTACHD6
3065 ROYCE WAY$750,00042.12726DETACHD46
15509 PARTRIDGE DR$789,900432299DETACHD3
4545 BLACK FOREST CT$799,00042.12168DETACHD2
759 TIMBERLINE DR$835,000432928DETACHD70
19431 KOKANEE CT$849,90042.12214DETACHD4
17994 SAINT CLAIR DR$900,00052.13916DETACHD3
920 YORK RD$985,000432026DETACHD2
2936 SW ORCHARD HILL PL$989,00042.14089DETACHD61
4261 COBB WAY$1,089,000432362DETACHD1
13536 STREAMSIDE DR$1,150,00043.13033DETACHD7
15776 INVERURIE RD$1,299,000322352DETACHD74
14495 PFEIFER DR$1,299,900433944DETACHD21
4531 WEST RD$1,429,00033.13926DETACHD54
16650 FIR LN$1,898,00043.13860DETACHD8
929 CUMBERLAND RD$2,495,00056.15129DETACHD3
1199 FAIRWAY RD$3,498,00044.25527DETACHD33

SOLD Aug 30-Sept 5, 2021

AddressOpeningClosedBedsBathsSFProp TypeDays
4 TOUCHSTONE  #69$220,000$220,00032.11351CONDO33
5058 FOOTHILLS DR, A$420,000$418,000321252CONDO8
1 PEACOCK PL$529,000$500,00032.11336DETACHD30
17500 PILKINGTON RD$460,000$500,000211050DETACHD8
13198 PETERS RD$695,000$677,75032.12630DETACHD29
605 7TH ST$775,000$750,000212035DETACHD3
4 SHERWOOD CT$825,000$757,00042.12870DETACHD16
16901 LAKERIDGE DR$729,000$762,500432080DETACHD3
1033 SPRUCE ST$765,000$775,00032.11663DETACHD4
18260 Indian Creek DR$759,000$790,000322082DETACHD11
17730 MARYLBROOK DR$850,000$840,00032.12951DETACHD14
17211 ROBB PL$790,000$840,000322085DETACHD5
491 COUNTRY CLUB RD$865,000$850,000422486DETACHD97
14121 REDWOOD CT$969,900$867,50043.12827DETACHD24
4987 BILFORD LN$799,900$890,00032.12302DETACHD5
19531 RIVER RUN DR$899,900$975,00042.12440DETACHD5
13060 SW ELK ROCK RD$1,178,000$1,100,000433681DETACHD9
13207 DEERFIELD CT$1,175,000$1,125,00043.13801DETACHD35
17543 LAKE HAVEN DR$1,185,000$1,125,00042.12333DETACHD9
12730 ADRIAN CT$1,295,000$1,178,00042.13014DETACHD24
5428 ROYAL OAKS DR$1,200,000$1,200,00063.14994DETACHD7
4210 VIRGINIA WAY$1,549,000$1,365,00044.13508DETACHD58
151 3RD ST #1$1,499,000$1,475,00032.13278CONDO37
2805 SOUTHSHORE BLVD$1,300,000$1,553,05022.12623DETACHD3
3155 UPPER DR$1,599,900$1,720,000433297DETACHD1
2165 RIDGE POINTE DR$2,100,000$1,828,000544749DETACHD29
2572 GLEN EAGLES PL$2,595,000$2,300,00054.26532DETACHD107
18000 EASTRIDGE LN$2,495,000$2,495,00044.15610DETACHD6
17575 S CRESTLINE DR$3,500,000$2,925,00054.27496DETACHD48
3328 LAKEVIEW BLVD$6,398,000$6,175,00045.16675DETACHD18

Market Activity August 16-22, 2021

It is certainly feeling like the dog days of summer. Numbers in Lake Oswego were down last week. Still healthy, but not quite as frantic as it was just a couple of weeks ago. We had 12 houses come onto the market, 26 move into pending status, and 16 closed/sold properties.

See below for RMLS details.

New on the market August 16-22, 2021

AddressTypePriceBRBathsSq Ft
44 Eagle Crest Dr #9Condo$255,00021908
53 Galen StCondo$264,90022989
4 Condolea DrCondo$439,000221312
4429 Thunder Vista LnCondo$479,90022.52002
16 Walking Woods DrDetached$649,00032.52897
5911 Carman DrDetached$695,800321400
23 TouchstoneDetached$924,900543169
1500 Morning Sky CtDetached$1,178,00053.54402
5349 Carman Grove LnDetached$1,298,000432903
572 4th StAttached$1,595,00034.53364
3411 Lake Grove AveDetached$1,675,00043.54434
15508 Diamond Head RdDetached$3,480,000343900

Pending sales August 16-22, 2021

AddressTypePriceBRBathsSq FtCDOM
108 Oswego SummitCondo$199,900117645
3433 McNary Pkwy #211Condo$255,0002210082
3433 McNary Pkwy #302Condo$265,00022.5120812
12 Oswego SummitCondo$290,00022114041
3886 Botticelli StCondo$315,00021.5113220
422 S State StCondo$324,99721165947
162 Oswego SummitCondo$399,00022150648
1589 Boca Ratan DrAttached$460,00032161119
448 5th StCondo$468,00021.510924
1700 Bonniebrae DrAttached$469,6983317396
38 Briarwood RdDetached$599,90062.5+.525546
16885 Fernwood DrDetached$639,50032162453
19 Da Vinci StDetached$650,0003218746
26 Briarwood RdDetached$665,00043.525548
17621 Arbor LnDetached$685,0003221204
680 Tippecanoe CtDetached$719,90042.519005
13366 Auburn CtAttached$750,00032.5249211
6666 Childs RdDetached$750,0003124088
1033 Spruce StDetached$765,00032.516634
15580 Partridge DrDetached$780,00032.522450
15964 White Oaks DrDetached$900,00042.5301516
511 Weidman CtDetached$995,00042.536525
5590 Luce LnDetached$995,00054353015
13366 Boones Ferry RdDetached$1,095,00042.535895
2011 Ridgewood LnDetached$1,100,00053.5311575
950 Schukarat LnDetached$1,468,00042.534344

Sold/closed August 16-22, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #74Condo$235,000$215,00013518
86 Kingsgate Rd G101Condo$265,000$299,9508402
200 Burnham Rd #305Condo$340,000$345,00013051
4141 Cobb WayDetached$485,000$450,000123718
5071 Tualata LnDetached$705,000$640,000154051
4932 Mulholland DrAttached$698,000$688,000249854
4 Pimlico TerraceDetached$690,000$720,00021003
1620 Ash StDetached$720,000$744,00022254
5101 Rosewood StDetached$665,000$768,00017364
720 8th StDetached$899,000$899,000149830
1724 Fern PlDetached$950,000$925,0002,16021
18320 Delenka LnDetached$1,115,000$975,550451967
1520 Eastview CtDetached$963,000$980,00037894
19395 Hill Top RdDetached$1,575,000$1,650,00047884
1334 Maple StDetached$1,575,000$2,100,00036606
1745 Southshore BlvdDetached$3,495,000$2,600,0005545128

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.

News & Notes ~ July Numbers 2021

Here is your look at the latest numbers as released by RMLS for the overall Portland area and how Lake Oswego fits in just below.

Overview/Fluctuations ~  Market Data July 2021:                                                                                            Things typically start to slow a bit in July. We saw a change in the usual pattern last year with activity pushing through the summer months. This year there is still lots of activity, but for two months in a row we see prices in some areas looking like they *may* be showing signs of jockeying into some kind of stabilization. We’ll check again next month.

Inventory rose another .1% in July, so people are perhaps starting to reach the end of their “waiting-to-sell” ropes. We usually see an uptick in the fall after vacations, so again, we’ll take a look at the trend next month to see if there really is a pattern developing. If there is… I can only say it’s a pretty subdued one. Houses are still hard to come by driving higher prices. Rates are around 3.125%.

According to the RMLS Market Action Report  for the Portland Metro Area, July 2021:

  • There were 4,267 New Listings in July 2021 increasing 0.7% over July 2020’s 4,236 and decreasing 0.7% from the previous month/June’s 4,298.
  • At 3,439, July 2021’s Closed Sales are up 1.4% from July 2020’s 3,391, dropping 1.1% from the previous month/June’s total of 3,477
  • At 3,534, June 2021’s Pending Sales decreased 8.3% from July 2020’s 3,656, and also dropped 5.1% from the previous month/June’s total of 3,534.
  • The Average Sale Price in July 2021 of $593,100 is up $90,800 from last year/July2020’s $502,300, and down $4,000. from the previous month/June’s $597,100.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in July 2021 of $522,000 rose $77,000 from last year/July 2020’s $445,000, and also increased $1,000 from the previous month/June’s $521,000.

LAKE OSWEGO:

  • 165 Active Listings (June 146)
  • 214 New Listings    (June 262)
  • 177 Pending Sales (June202)
  • 184 Closed Sales    (June 229)
  • Average Sale Price for July: $1,020,600 (June $1,018,100)
    • 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 Average Days on the Market   (June 21)

Market Activity ~ Aug 9-15, 2021

This last week we saw 10 properties enter the market, 31 move to Pending status (accepted offers) and 26 that Closed/Sold. This is the first time in awhile that I’ve not eliminated any “refreshed” properties from the “New” category…no need for refreshing, I suppose. Right now there are 90- beautiful homes available in Lake Oswego.

NEW Aug 9-15, 2021

AddressList PriceBeds BathsSFProp Type
210 S STATE ST  #9$535,00032.11642CONDO
17830 SW TUALATA AVE$595,000321373DETACHD
26 BRIARWOOD RD$665,00043.12554DETACHD
6666 SW CHILDS RD$750,000312408DETACHD
16510 MAPLE CIR$899,00042.12295DETACHD
5923 BAY POINT DR$925,000533187DETACHD
4224 HAVEN ST$1,199,950522600DETACHD
14495 PFEIFER DR$1,299,900433944DETACHD
15012 TWIN FIR RD$2,395,00053.13845DETACHD
1051 SW FOREST MEADOWS WAY$4,149,00066.15597DETACHD

PENDING Aug 9-15, 2021

AddressList PriceBedsBathsSFProp TypeCDOM
4 TOUCHSTONE #62$204,95032.11351CONDO46
47 EAGLE CREST DR #41$230,00021932CONDO14
4 TOUCHSTONE  #74$235,00032.11351CONDO8
12848 BOONES FERRY RD$425,00022.11182CONDO0
12826 Boones Ferry RD$445,00022.11182CONDO6
41 ORIOLE LN$500,000221564DETACHD10
17 AQUINAS ST$599,900322139DETACHD6
4241 COBB WAY$599,950321484DETACHD8
18431 INDIAN CREEK DR$635,000421736DETACHD17
457 LAUREL ST$650,000332264DETACHD14
5795 LANGFORD LN$659,000221687DETACHD0
1672 HIGHLAND DR$699,900421867DETACHD4
2697 LOOKOUT CT$720,000322219DETACHD29
12 MORNINGVIEW LN$730,00032.12718ATTACHD4
16904 CHERRY CREST AVE$759,000322167DETACHD2
5466 BAY CREEK DR$789,000332535DETACHD4
1580 WOODLAND TER$835,00032.12430DETACHD4
18360 TUALATA AVE$845,00052.12703DETACHD10
14121 REDWOOD CT$885,00043.12827DETACHD24
16750 PHANTOM BLUFF CT$899,000332267DETACHD2
41 TOUCHSTONE$920,000433090DETACHD21
18430 PILKINGTON RD$1,095,000433021DETACHD77
5316 CHILDS RD$1,097,77062.13847DETACHD318
12730 ADRIAN CT$1,195,00042.13014DETACHD24
14360 UPLANDS DR$1,230,00043.22577DETACHD16
17467 WESTVIEW DR$1,275,00043.14119DETACHD4
2950 GREENTREE RD$1,495,00043.13691DETACHD8
2442 PALISADES CREST DR$1,598,00042.13071DETACHD4
855 G AVE$2,000,00032.13710DETACHD17
1889 HIGHLANDS LOOP$5,499,00056.16832DETACHD20
3328 LAKEVIEW BLVD$6,398,00045.16675DETACHD18

SOLD AUG 9-15, 2021

AddressOpeningClosedBedsBathsSFProp TypeCDOM
39 OSWEGO SMT$269,000$280,500221212CONDO3
4041 JEFFERSON PKWY$289,000$300,00011.11060CONDO4
1367 BONNIEBRAE DR$399,000$400,00021.11008ATTACHD2
1509 BONNIEBRAE DR$482,900$507,00032.11739ATTACHD6
23 FALSTAFF ST$649,000$600,000321435DETACHD38
5051 TUALATA LN$714,900$640,000421581DETACHD37
5880 ROCKWOOD CT$656,500$680,000321772DETACHD2
18811 REAO CT$639,900$705,00032.11916DETACHD7
18426 SANDPIPER WAY$688,000$705,000431884DETACHD5
537 COUNTRY CLUB RD$849,000$760,000321901DETACHD93
13041 THOMA RD$770,000$760,00032.12418DETACHD4
1811 KILKENNY DR$758,000$780,000433794DETACHD0
32 MORNINGVIEW CIR$750,000$799,00032.12718DETACHD7
1672 LAKE FRONT RD$650,000$805,000321768DETACHD5
2440 OVERLOOK DR$879,900$825,000433850DETACHD15
5895 SUNCREEK DR$749,000$910,000422379DETACHD5
17 WESTRIDGE DR$875,000$935,00043.23533DETACHD11
3830 TEMPEST DR$999,995$937,00032.13099DETACHD22
16933 GREENTREE AVE$874,900$975,00042.12276DETACHD28
1931 PARK FOREST CT$1,025,000$1,085,00064.14107DETACHD6
17649 WOODHURST PL$1,198,000$1,120,00054.15669DETACHD103
4440 UPPER DR$1,899,000$1,850,00043.13583DETACHD42
18783 STAFFORD RD$2,295,000$1,875,00054.25757DETACHD147
1978 EGAN WAY$2,198,000$2,095,15045.26761DETACHD64
18098 PILKINGTON RD$2,199,000$2,277,00045.16680DETACHD6
3183 DOUGLAS CIR$3,450,000$3,450,00044.15595DETACHD0
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.

Market Activity Aug 2-8, 2021

The market in LO is still red hot. A few weeks ago, right around July 4th, it felt like it may have slowed down a tad. Last weeks rush of new listings (20), pending sales (36!), and sold/closed properties (29) has proved that tad of a slow down was just July 4th distractions.

See below for RMLS data.

New Listings Aug 2-8, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #74Condo$235,00032.51351
3433 McNary Pkwy #302Condo$285,00022.51208
239 CervantesCondo$399,000221208
12848 Boones Ferry RdCondo$425,00022.51182
12826 Boones Ferry RdCondo$445,00022.51182
1700 Bonniebrae DrAttached$469,698331739
41 Oriole LnDetached$500,000221564
17830 Tualata AveDetached$595,000321373
17 Aquinas StDetached$599,900322139
19 Da Vinci StDetached$650,000321874
13366 Auburn CtAttached$750,00032.52492
16904 Cherry Crest AveDetached$759,000322167
1405 Greentree CircleDetached$775,00042.52146
48 SpinosaDetached$799,90043.52848
16750 Phantom Bluff CtDetached$899,000332267
5590 Luce LnDetached$995,000543530
3001 Southshore BlvdDetached$1,298,00032.53201
2950 Greentree RdDetached$1,495,00043.53691
1051 Forest Meadows WayDetached$4,149,00043.53691
12790 S Fielding RdDetached$5,600,00067.59124

Pending sales Aug 2-8, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #62Condo$204,95032.5135146
4 Cervantes CircleCondo$240,00021.591247
12 Cervantes CircleCondo$250,00021.59123
3886 Botticelli StCondo$315,00021.511324
482 S State St 3BCondo$374,00021165965
1 Peacock PlDetached$509,00032.5133630
4980 Galen StAttached$589,00022.5155228
4241 Cobb WayDetached$599,9503214848
1672 Highland DrDetached$699,9004218674
1620 Ash StDetached$720,0003222254
12 Morningview LnAttached$730,00032.527184
49 Da Vinci StDetached$739,00032235126
5466 Bay Creek DrDetached$789,0003325354
4 Sherwood CtDetached$795,00042.5287016
1580 Woodland TerDetached$835,00032.524304
18360 Tualata AveDetached$845,00052.527032
491 Country Club RdDetached$865,00042248683
14121 Redwood TerDetached$885,00043.5282724
19531 River Run DrDetached$899,90042.524405
15 El Greco StDetached$949,0004333284
1739 Palisades Terrace DrDetached$995,00042.5365411
14071 Sundeleaf DrDetached$999,0005326243
14002 Chelsea DrDetached$1,195,00042.5354732
127230 Adrian CtDetached$1,195,00042.5301424
5428 Royal Oaks DrDetached$1,200,00063.549947
14360 Uplands DrDetached$1,230,00043.5+.525775
17467 Westview DrDetached$1,275,00043.541194
2442 Palisades Crest DrDetached$1,598,00042.530714
3155 Upper DrDetached$1,599,0004332971
2165 Ridge Pointe DrDetached$1,995,00054474929
4480 Upper DrDetached$2,000,00043.534970
855 G AveDetached$2,000,00032.5371017
14500 Uplands DrDetached$2,495,00054.5+.5554474
1745 Southshore BlvdDetached$3,099,00044.55545128
1889 Highlands LoopDetached$5,499,00056.5683220
3328 Lakeview BlvdDetached$6,398,00045.5667518

Sold/Closed Aug 2-8, 2021

AddressTypeList PriceSold PriceSq FtCDOM
44 Eagle Crest Dr #1Condo$230,000$247,0009082
45 Eagle Crest Dr #409Condo$249,900$249,9001,2145
3882 Botticelli StCondo$289,000$287,000122420
5061 Foothills Dr CCondo$335,000$335,0009918
1509 Bonniebrae DrAttached$482,900$507,00017396
4222 Woodside CircleAttached$450,000$550,00015785
17850 Pilkington RdDetached$750,000$625,000322279
5051 Tualata LnDetached$714,900$640,000158137
6545 Childs RdDetached$600,000$650,00031341
186 D AveAttached$650,000$675,00016377
6227 Wayzata CtDetached$699,999$675,0001,2327
18426 Sandpiper WayDetached$688,000$705,00018845
3 SpinosaDetached$755,000$750,000261523
16921 Kara LnDetached$750,000$758,00023825
17802 Hillside WayDetached$838,000$790,000302623
2440 Overlook DrDetached$879,900$825,000385015
4099 Coltsfoot LnDetached$840,000$827,000316915
5675 Victoria CtDetached$825,000$885,00025634
2895 Suncreek DrDetached$749,000$910,00023795
17 Westridge DrDetached$875,000$935,000353311
19310 Riverwood LnDetached$999,000$1,092,00031921
17649 Woodhurst PlDetached$1,198,000$1,120,0003192103
2929 Glen Eagles RdDetached$1,100,000$1,300,00025274
13700 Knaus RdDetached$1,245,000$1,310,00026547
915 Cedar StDetached$1,550,000$1,520,00032193
4440 Upper DrDetached$1,899,000$1,850,000358342
18783 Stafford RdDetached$2,295,000$1,875,000147
197 Egan WayDetached$2,198,000$2,095,150676164
3183 Douglas CircleDetached$3,450,000$3,450,00055950

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 ~ July 26-Aug 1, 2021

There were 11 homes entering the market last week, 19 that moved to Pending status (accepted offers) and 30 that Closed/Sold. Right now there are 109 lovely properties available in Lake Oswego!

Here is the breakdown using RMLS data:

NEW July 26-Aug 1, 2021

 List PriceBedsBathsSFType
47 EAGLE CREST DR  #41$230,00021932CONDO
4 TOUCHSTONE   #143$239,00032.11351CONDO
1589 BOCA RATAN DR$470,000321611ATTACHD
457 LAUREL ST$650,000332264DETACHD
18431 INDIAN CREEK DR$660,000421736DETACHD
15964 WHITE OAKS DR$949,90042.13015DETACHD
13060 SW ELK ROCK RD$1,178,000433681DETACHD
7 GARIBALDI ST$1,450,00043.16303DETACHD
14050 GOODALL RD$2,350,00054.26943DETACHD
2643 SOUTHSHORE BLVD$3,300,00033.24543DETACHD
1199 FAIRWAY RD$3,498,00044.25527DETACHD

PENDING July 26-Aug 1, 2021

AddressList PriceBedsBaths SFTypeDays
4 TOUCHSTONE #66$205,00032.11351CONDO6
16250 PACIFIC HWY  #78$343,500221305CONDO35
5058 FOOTHILLS DR, A$420,000321252CONDO8
17500 PILKINGTON RD$460,000211050DETACHD8
15115 QUARRY RD$650,000432865DETACHD19
5101 ROSEWOOD ST$665,00032.11736DETACHD4
13198 PETERS RD$695,00032.12630DETACHD29
17 MORNINGVIEW CIR$785,00032.12532DETACHD6
4987 BILFORD LN$799,90032.12302DETACHD5
1520 EASTVIEW CT$963,000443789DETACHD4
4750 UPPER DR$1,100,00053.13091DETACHD125
17543 LAKE HAVEN DR$1,185,00042.12333DETACHD9
427 9TH ST$1,199,00053.13250DETACHD12
17190 WALL ST$1,395,00054.26702DETACHD131
151 3RD ST   #1$1,499,00032.13278CONDO37
2167 WEMBLEY PARK RD$1,750,00043.14015DETACHD9
2572 GLEN EAGLES PL$2,195,00054.26532DETACHD107
1677 LESLIE LN$2,390,00046.17534DETACHD147
2945 UPPER DR$2,500,00044.14227DETACHD0

SOLD July 26-Aug 1, 2021

AddressOpenClosedBedsBathsSFType
42 CERVANTES CIR  #4B$250,000$261,00021.1912CONDO
153 OSWEGO SMT, Lower$279,990$269,000221677CONDO
163 OSWEGO SMT, Upper$285,000$310,000221506CONDO
16250 PACIFIC HWY  #41$360,000$350,000221380CONDO
  #10$515,000$500,00022.11743CONDO
5616 CHILDS RD$495,000$536,000311232DETACHD
53 ORIOLE LN$549,000$545,00032.12072DETACHD
38 NORTHVIEW CT$638,900$618,000443125ATTACHD
1701 ASPEN CT$663,800$663,800321956DETACHD
5 BECKET ST$685,000$685,00042.13654DETACHD
17 CHURCHILL DOWNS$649,900$712,000431966DETACHD
217 HIDALGO ST$769,900$737,45032.14312DETACHD
5440 BAY CREEK DR$775,000$840,00032.12442DETACHD
9 PREAKNESS CT$849,900$875,000433750DETACHD
1692 HIGHLAND DR$795,000$905,000432162DETACHD
1874 GLENMORRIE TER$950,000$952,000333508DETACHD
1503 PINE ST$875,000$959,000432842DETACHD
5681 YORKSHIRE CT$894,900$962,50042.12985DETACHD
1704 GLENMORRIE TER$950,000$965,00052.14292DETACHD
663 CARRERA LN$899,000$1,000,000322356DETACHD
125 FURNACE ST, Upper$995,000$1,075,00022.11927CONDO
12723 ADRIAN CT$1,098,000$1,098,000433190DETACHD
5933 SUNCREEK DR$1,250,000$1,200,00043.24027DETACHD
18635 WESTVIEW DR$1,150,000$1,275,000455102DETACHD
19305 HILL TOP RD$1,375,000$1,405,00043.15116DETACHD
569 7TH ST$1,450,000$1,450,000443135DETACHD
4502 LAMONT WAY$1,795,000$1,675,000443880DETACHD
301 IRON MOUNTAIN BLVD$1,649,000$1,752,00043.23036DETACHD
2254 KNAUS RD$4,125,000$3,900,00045.17436DETACHD
1617 LAKE FRONT RD$4,500,000$4,500,00044.14610DETACHD
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.