A Guide to Lake Oswego Real Estate and Community
Brought to you by Dianne Gregoire and Linda Rossi, brokers with Oregon First, a professional real estate company licensed with the Oregon Real Estate Agency.
Contact: Dianne | Linda |
 Lake Oswego has 25 specific neighborhoods and today I am going to tell you about McVey-Southshore.
McVey-Southshore is not a very big area. It is bordered on the North by the Lake and Oswego Creek, on the East by Cornell Rd, on the South by Bergis Rd, and on the West by Oak Terrace and Park Academy. To my knowledge it is all single-family housing. I don’t believe that there are either apartments or condos.
It is super convenient to downtown Lake Oswego. You can easily walk to the Lake Theater and several very nice restaurants. It’s also walking distance to Wholefoods local market 365.
 There are currently 18 active listings in the neighborhood. The least expensive is a single-level house with a 2 car garage. It was built in 1952 and has 3 bedrooms, 2 baths, and 1670 square feet for $549,900. The most expensive is a 1939 house that has been extensively updated. On the main lake, it has 7220 square feet with 5 bedrooms and 6.5 bathrooms. There’s an elevator, a swimming pool, a 3-car garage, and a full guest house with its own kitchen. the asking price is $4,895,000.
There is a small commercial district in the neighborhood with a Starbucks, a Thai Restaurant, and several boutiques.
While technically just outside of the boundaries, there is also a very nice park with a playground and room to roam, Freepons Park.
 Lake Oswego has lots of options when you are shopping for a home. I think the word I would use to most describe McVey-Southshore is quiet. It’s a quiet area of nice homes and values that range from mid-range to super high-end.
Please let Linda or I know if you have any questions. As always, we are here to help.
Dianne
If you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
Real estate sales continue to hold strong. Last week new listings were just 12 while pending sales were 18 and closed sales were 20. This is simply a really good time to sell a house with properties selling at a rate that is greater than the number of new listings coming onto the market.
It’s also a really good time to buy a house. Interest rates are down and there is lots of excellent inventory.
Following is the breakdown for you according to RMLS:
New on the Market (Sept 23-29, 2019)
| Address |
Type |
Price |
BR |
Baths |
Sq Ft |
| 82 Galen St |
Condo |
$175,000 |
1 |
1 |
690 |
| 3968 Carman Dr |
Condo |
$309,900 |
2 |
2.5 |
1107 |
| 4085 Jefferson Pkwy |
Condo |
$339,000 |
2 |
2.5 |
1302 |
| 12735 SW 22nd Ave |
Detached |
$478,990 |
3 |
2 |
1620 |
| 3351 Fri Ridge Rd |
Detached |
$515,000 |
3 |
2 |
1750 |
| 34 Morningview Circle |
Detached |
$679,000 |
4 |
2.5 |
2942 |
| 13 Da Vinci St |
Detached |
$725,000 |
5 |
3.5 |
3815 |
| 116 Northshore Rd |
Detached |
$729,000 |
4 |
2 |
2218 |
| 1110 Hallinan Circle |
Detached |
$749,900 |
4 |
3.5 |
3548 |
| 17618 Blue Heron Rd |
Detached |
$795,000 |
4 |
2 |
2402 |
| 135 Furnace St |
Condo |
$870,000 |
2 |
2.5 |
1927 |
| 2917 Westview Circle |
Detached |
$1,298,000 |
5 |
4.5 |
4316 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pending Sales (Sept 23-29, 2019)
| Address |
Type |
Price |
BR |
Baths |
Sq Ft |
CDOM |
| 4000 Carman Dr #33 |
Condo |
$274,900 |
2 |
2 |
1103 |
2 |
| 336 Livingood Ln |
Detached |
$515,000 |
4 |
2.5 |
2392 |
194 |
| 12 Northview Ct |
Attached |
$525,000 |
3 |
3 |
3266 |
143 |
| 4722 Amherst Ct |
Attached |
$549,000 |
3 |
2.5 |
2976 |
138 |
| 13242 Vermeer Dr |
Detached |
$549,000 |
3 |
2.5 |
2100 |
7 |
| 4366 Sunset Dr |
Detached |
$559,000 |
3 |
2.5 |
1680 |
31 |
| 14363 Camden Ln |
Detached |
$579,000 |
4 |
2.5 |
2438 |
4 |
| 16 Abelard St |
Detached |
$625,000 |
5 |
3 |
3012 |
31 |
| 18212 Indian Creek Dr |
Detached |
$659,000 |
4 |
2.5 |
2283 |
3 |
| 319 3rd St |
Attached |
$679,000 |
3 |
3.5 |
1937 |
68 |
| 364 Northshore Rd |
Detached |
$769,000 |
3 |
2 |
2220 |
10 |
| 1255 Bayberry Rd |
Detached |
$789,000 |
3 |
2 |
1910 |
116 |
| 13711 Melrose Pl |
Detached |
$859,000 |
4 |
4 |
3742 |
108 |
| 828 8th St |
Detached |
$1,089,000 |
3 |
3.5 |
2839 |
801 |
| 4687 Firwood Rd |
Detached |
$1,198,000 |
3 |
2.5 |
2803 |
172 |
| 4155 Canal Rd |
Detached |
$1,250,000 |
4 |
3.5 |
3805 |
14 |
| 14089 Edenberry Dr |
Detached |
$1,499,000 |
5 |
2.5 |
3398 |
47 |
| 13132 Thoma Rd |
Detached |
$2,249,900 |
5 |
4.5 |
5362 |
144 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sold/Closed (Sept 23-29, 2019)
| Address |
Type |
List Price |
Sold Price |
Sq Ft |
CDOM |
| 5787 Baleine St |
Detached |
$389,900 |
$385,000 |
960 |
22 |
| 23 Mountain Circle |
Detached |
$475,000 |
$436,000 |
1,363 |
141 |
| 44 Touchstone |
Detached |
$425,000 |
$439,500 |
2507 |
23 |
| 21 Mountain Circle |
Attached |
$469,000 |
$456,500 |
1820 |
18 |
| 9 Pericles |
Detached |
$449,000 |
$465,000 |
2197 |
1 |
| 4281 Chapman Way |
Detached |
$569,900 |
$525,000 |
2038 |
50 |
| 16860 Lakeridge Dr |
Detached |
$534,000 |
$529,000 |
1829 |
2 |
| 20 Northview Ct |
Attached |
$624,900 |
$575,000 |
2809 |
65 |
| 4938 Mulholland Dr |
Attached |
$629,900 |
$578,662 |
2558 |
86 |
| 13660 Shireva |
Detached |
$679,000 |
$619,080 |
2674 |
35 |
| 8 Yorick St |
Detached |
$745,000 |
$728,000 |
3488 |
25 |
| 5998 Frost Ln |
Detached |
$749,000 |
$730,000 |
2935 |
22 |
| 877 Cornell St |
Detached |
$715,000 |
$734,635 |
3041 |
3 |
| 141 Wilbur St |
Detached |
$769,000 |
$769,000 |
1980 |
0 |
| 5705 Southwood Dr |
Detached |
$879,000 |
$859,000 |
3360 |
7 |
| 15564 Village Dr |
Detached |
$1,098,000 |
$1,050,000 |
3260 |
4 |
| 18953 Pilkington Rd |
Detached |
$1,115,000 |
$1,147,900 |
3420 |
410 |
| 3540 Red Cedar Way |
Detached |
$1,295,000 |
$1,235,000 |
4023 |
72 |
| 3919 Southshore Blvd |
Detached |
$1,899,000 |
$1,425,000 |
3986 |
375 |
| 100 3rd St |
Detached |
$2,350,000 |
$2,350,000 |
3478 |
32 |
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.
 Here are my picks for things happening this week!
Mon, Sept 30, 2019– 6:15-7:15PM – Cabaret Jazz! (for Adults)~ All-level dance class explores jazz and choreo with a Broadway twist! At CCP, 1060 Chandler Rd Tickets and Registration: CLICK HERE
Tue, Oct 1 2019 – 7:00-8:30PM – First Tuesday Music – “A Tribute to Aznavour”, featuring Eric John Kaiser ~ Charles Aznavour’s career spanned the history of the chanson realiste. The songs he wrote, unvarnished tales of unrequited love, loneliness and anomie, found their expression in many French singers including the anguished voice of Edith Piaf. Paris-born John Kaiser describes himself as “a singer-songwriter re-imagining Americana music through a French lens.” ~ Lake Oswego Public Library Info: CLICK HERE
Wed, Oct 2, 2019 – 4:30-5:30PM – Run4Fun / Running Club for Girls (8-12 Yrs) ~ Meet up at Luscher Farm every Wednesday for learning and great runs w/a Certified Fitness Running Specialist, Wendy Berton.~ Luscher Farm, 125 Rosemont Rd –Info: CLICK HERE
Thu, Oct 3, 2019 9:30AM-12:00PM – Creative Hands ~ Join this group dedicated to producing handicraft items that are then donated to local non-profits. ~ Adult Community Center, 505 G Avenue –Info: CLICK HERE
Fri, Oct 4, 2019 1:30-4:00PM – Film Discussion Group ~ Meet every Friday to see a movie and discuss afterward! These movies may contain content suitable for adults only. ~ Lake Theater & Cafe, 106 N State St – Info: CLICK HERE
Sat, Oct 5, 2019 – 8:30AM – 1:30PM ~ Lake Oswego Farmers Market This community staple continues only till October 12th, so don’t miss out on some of the best weeks of the year during harvest season. Live music also from 10:30-12:30!~ Millenium Plaza Park~ Info : CLICK HERE
There are a total of 268 homes for sale in Lake Oswego right now. Last week 15 New properties entered the market, 19 moved to Pending status, and 15 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Sept 16-22, 2019)
| Address |
List Price |
# Beds |
# Baths |
Total SF |
Prop Type |
| 38 OSWEGO SMT / Lower |
$210,000 |
1 |
1 |
902 |
CONDO |
| 86 KINGSGATE RD, i 201 |
$226,000 |
2 |
2 |
856 |
CONDO |
| 5053 FOOTHILLS DR, D |
$325,000 |
2 |
2 |
1252 |
CONDO |
| 4210 WOODSIDE CIR |
$379,999 |
3 |
2 |
1778 |
TOWNHSE |
| 16417 LAKE FOREST BLVD |
$398,999 |
2 |
1 |
1066 |
DETACHD |
| 13662 BLAZER TRL |
$532,000 |
3 |
2 |
1896 |
DETACHD |
| 19232 PILKINGTON RD |
$624,900 |
3 |
2.1 |
1735 |
CONDO |
| 2 CREEKSIDE TER |
$679,900 |
4 |
2.1 |
2906 |
DETACHD |
| 4932 MULHOLLAND DR |
$680,000 |
3 |
2.1 |
2498 |
ATTACHD |
| 19262 Pilkington RD |
$699,900 |
3 |
2.1 |
2194 |
CONDO |
| 2395 PALISADES CREST DR |
$735,000 |
4 |
3 |
3397 |
DETACHD |
| 507 ASH ST |
$799,000 |
5 |
3 |
4666 |
DETACHD |
| 5331 W SUNSET DR |
$960,500 |
3 |
3.1 |
3606 |
DETACHD |
| 16865 GREENBRIER RD |
$2,895,000 |
5 |
2 |
6404 |
DETACHD |
| 16715 PHANTOM BLUFF CT |
$3,695,000 |
4 |
4.1 |
4585 |
DETACHD |
PENDING SALES (Sept 16-22, 2019)
| Address |
List Price |
# Beds |
# Baths |
Total SF |
Prop Type |
CDOM |
| 668 MCVEY AVE #77 |
$214,900 |
1 |
1 |
496 |
CONDO |
71 |
| 4000 CARMAN DR #D53 |
$219,000 |
1 |
1 |
836 |
CONDO |
13 |
| 200 CERVANTES / Grnd |
$229,000 |
3 |
1.1 |
1138 |
CONDO |
15 |
| 3834 BOTTICELLI ST |
$279,500 |
2 |
2 |
1055 |
CONDO |
83 |
| 668 MCVEY AVE #10 |
$299,995 |
3 |
1.1 |
992 |
CONDO |
174 |
| 5054 FOOTHILLS DR, H |
$327,000 |
3 |
2 |
1252 |
CONDO |
20 |
| 4410 THUNDER VISTA LN |
$339,900 |
2 |
2.1 |
2040 |
CONDO |
172 |
| 6216 WAYZATA CT |
$430,000 |
3 |
2 |
1261 |
DETACHD |
86 |
| 206 GREENRIDGE DR |
$462,500 |
3 |
2 |
1392 |
ATTACHD |
20 |
| 17761 DEEMAR WAY |
$469,900 |
3 |
2 |
1610 |
DETACHD |
140 |
| 524 2ND ST |
$497,500 |
2 |
2.1 |
1547 |
CONDO |
91 |
| 17608 SYDNI CT |
$549,500 |
4 |
2.1 |
2466 |
TOWNHSE |
70 |
| 3600 RED CEDAR WAY |
$585,000 |
4 |
2 |
2058 |
DETACHD |
27 |
| 18263 ANDUIN TER |
$719,000 |
4 |
3 |
3103 |
DETACHD |
70 |
| 14100 EDENBERRY DR |
$775,000 |
3 |
2.1 |
2881 |
DETACHD |
2 |
| 5005 DOGWOOD DR |
$950,000 |
5 |
3.1 |
4143 |
DETACHD |
52 |
| 3270 FIR RIDGE RD |
$1,449,000 |
4 |
3.1 |
3872 |
DETACHD |
14 |
| 720 SOUTHVIEW RD |
$2,195,000 |
4 |
3 |
3599 |
DETACHD |
115 |
| 4 TOUCHSTONE #69 |
AUCTION |
3 |
3 |
1351 |
CONDO |
20 |
SOLD (Sept 16-22, 2019)
| Address |
Opening Price |
Closed Price |
# Beds |
# Baths |
Total SF |
Prop Type |
CDOM |
| 4 TOUCHSTONE #91 |
$209,900 |
$210,000 |
2 |
2 |
993 |
CONDO |
77 |
| 86 KINGSGATE RD #F204 |
$225,000 |
$227,000 |
2 |
2 |
849 |
CONDO |
4 |
| 3896 BOTTICELLI ST / Grnd |
$293,900 |
$266,000 |
2 |
1.1 |
1132 |
CONDO |
99 |
| 1621 WOODLAND TER |
$625,000 |
$590,000 |
4 |
2.1 |
2933 |
DETACHD |
34 |
| 5587 BAY CREEK DR |
$639,000 |
$630,000 |
4 |
2.1 |
2507 |
DETACHD |
11 |
| 1058 HEMLOCK ST |
$649,900 |
$638,000 |
4 |
3 |
2077 |
DETACHD |
110 |
| 17321 CANYON DR |
$699,500 |
$695,000 |
5 |
3.1 |
4825 |
DETACHD |
5 |
| 1286 LARCH ST |
$724,900 |
$719,000 |
4 |
2.1 |
2410 |
DETACHD |
10 |
| 676 9TH ST |
$799,000 |
$775,000 |
2 |
1 |
1982 |
DETACHD |
13 |
| 13485 STREAMSIDE DR |
$799,900 |
$800,000 |
4 |
3 |
3023 |
DETACHD |
3 |
| 171 5TH ST |
$899,000 |
$814,500 |
4 |
2 |
2367 |
DETACHD |
87 |
| 4027 CANAL WOODS CT |
$1,069,000 |
$1,050,000 |
4 |
3.1 |
4232 |
DETACHD |
118 |
| 13131 KNAUS RD |
$1,697,000 |
$1,562,000 |
6 |
3.2 |
5353 |
DETACHD |
6 |
| 13085 SW KNAUS RD |
$2,300,000 |
$2,015,000 |
4 |
2.1 |
3993 |
DETACHD |
16 |
| 920 WESTPOINT RD |
$4,300,000 |
$4,155,000 |
4 |
4.1 |
6337 |
DETACHD |
162 |
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.
 There are currently 271 properties for sale in Lake Oswego. 217 of those are detached, single-family homes and 54 are condos or townhouses. I thought that this week I’d share the extremes in the market of most and least expensive.
The least expensive condo is a 1 bedroom, 1 bath unit that has 764 square feet. It was built in 1978 and has a carport. The asking price is $169,900 The most expensive condo is 2 bedrooms, 2.5 baths, located in First Addition. It was built in 2007, 1748 square feet, and has a 2-car garage. The asking price is $829,000.
The least expensive detached house is a single-level house that was built in 1953. It has 3 bedrooms, 1 bath, 1131 square feet and has a carport. The asking price is $399,900.
 The most expensive house is located on one of the most beautiful lots on the main lake. It is just a stunning setting. It’s on my walking route that I have been walking for decades. The lot had an older home on it that I found gorgeous. When that house was torn down my heart sank. I asked around because I just couldn’t see why any one would have torn it down. What I learned was that the house was built up against some massive rocks and that the foundation leaked terribly. The engineering to preserve the house was beyond the cost of a new houses foundation, so it made financial sense to tear it down and start over. The house that is now on this lot was built in 1985. It has 5544 square feet with 4 bedrooms and 5.5 baths. Along with 250′ of main lake waterfront, the house has a swimming pool, hot tub, boat house and a guest house. It was originally listed in June for $8,500,000. The price has been dropped to $6,888,000.
I used to do this comparison kind of regularly as I liked to point out that Lake Oswego does have affordable housing. A condo for $169,900 and a house for $399,990 is right in there with other parts of the Portland metro area. I’ve always felt that buyers in this price range over look Lake Oswego because they just assume that there are only super expensive, luxury homes in LO. Yes, we do have lots of the luxury stuff, but we do have affordable as well. I like to get the word out.
As always, thanks for reading,
Dianne
In the last week or so fall has fully arrived. Temperatures have dropped, the wind is blowing, and my yard is getting the good watering it really needs. I’m tanking up on peaches and corn while they can still be found, and the real estate market is chugging right along.
Last week in Lake Oswego we had 16 properties come onto the market, 23 go into pending status, and 16 sold/closed sales.
Following is the breakdown for you according to RMLS:
New on the Market (Sept 9-15, 2019)
| Address |
Type |
Price |
BR |
Baths |
Sq Ft |
| 3433 McNary Pkwy #301 |
Condo |
$229,000 |
2 |
2.5 |
1208 |
| 48 Cervantes Circle 3C |
Condo |
$299,000 |
2 |
1.5 |
1368 |
| 16250 Pacific Hwy #76 |
Condo |
$325,000 |
3 |
2 |
1745 |
| 1796 Bonniebrae Dr |
Townhouse |
$415,000 |
3 |
2.5 |
1738 |
| 668 McVey Ave #72 |
Condo |
$499,500 |
4 |
1.5 |
1184 |
| 2001 Country Club Rd |
Detached |
$549,000 |
3 |
2 |
2022 |
| 4045 Bass Ln |
Detached |
$610,000 |
4 |
2.5 |
2158 |
| 364 Northshore Rd |
Detached |
$769,000 |
3 |
2 |
2220 |
| 17821 Hillside Way |
Detached |
$848,000 |
4 |
3.5 |
3480 |
| 1699 Village Park Ln |
Detached |
$1,129,000 |
3 |
2.5+.5 |
3342 |
| 19990 Indian Trail |
Detached |
$1,150,000 |
4 |
3 |
3557 |
| 13561 Streamside Dr |
Detached |
$1,179,000 |
4 |
4.5 |
4240 |
| 4155 Canal Rd |
Detached |
$1,125,000 |
4 |
3.5 |
3805 |
| 14530 Uplands Dr |
Detached |
$1,499,900 |
5 |
3.5 |
4080 |
| 718 3rd St |
Detached |
$1,850,000 |
4 |
2 |
2859 |
| 1890 Twin Points Rd |
Detached |
$2,680,000 |
4 |
3.5 |
4274 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pending Sales (Sept 9-15, 2019)
| Address |
Type |
Price |
BR |
Baths |
Sq Ft |
CDOM |
| 8 Crestfield Ct |
Condo |
$172,900 |
1 |
1 |
689 |
64 |
| 15938 Quarry Rd 2B |
Condo |
$215,000 |
2 |
1 |
988 |
10 |
| 48 Eagle Crest Dr 3D |
Condo |
$283,000 |
2 |
2 |
1436 |
7 |
| 206 Greenridge Dr |
Attached |
$462,500 |
3 |
2 |
1392 |
10 |
| 524 2nd St |
Condo |
$497,500 |
2 |
2.5 |
1547 |
81 |
| 18391 Wood Thrush St |
Detached |
$499,900 |
3 |
2 |
1450 |
40 |
| 5222 Carman Dr |
Detached |
$565,000 |
3 |
2 |
2543 |
249 |
| 16972 Greentree Ave |
Detached |
$575,000 |
4 |
3 |
2692 |
7 |
| 18833 Indian Creek Ave |
Detached |
$619,900 |
4 |
2.5 |
2301 |
15 |
| 16 Da Vinci |
Detached |
$629,921 |
4 |
2.5 |
2460 |
59 |
| 17705 Tree Top Ln |
Detached |
$679,000 |
5 |
3 |
3428 |
113 |
| 2133 Ridgewood Rd |
Detached |
$729,000 |
4 |
3 |
2059 |
127 |
| 16705 Glenwood Ct |
Detached |
$750,000 |
5 |
3 |
4243 |
149 |
| 17613 Woodhurst Pl |
Detached |
$850,000 |
5 |
4 |
4622 |
31 |
| 17896 Kelok Rd |
Detached |
$874,500 |
6 |
6 |
4093 |
15 |
| 18970 Bryant Rd |
Detached |
$960,000 |
3 |
3 |
3172 |
2 |
| 3826 Upper Dr |
Detached |
$1,099,900 |
4 |
2.5 |
3187 |
231 |
| 17979 Kelok Rd |
Detached |
$1,239,000 |
2 |
2.5 |
2487 |
56 |
| 17912 Kelok Rd |
Detached |
$1,250,000 |
5 |
3 |
3218 |
6 |
| 2050 Childs Rd |
Detached |
$1,295,000 |
4 |
4.5 |
4814 |
115 |
| 13258 Amber Pl |
Detached |
$1,399,900 |
3 |
4.5 |
3436 |
485 |
| 2123 Glenmorrie Ln |
Detached |
$1,598,000 |
4 |
3.5 |
4331 |
42 |
| 4398 Lakeview Blvd |
Detached |
$2,100,000 |
4 |
3.5 |
3260 |
115 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sold/Closed (Sept 9-15, 2019)
| Address |
Type |
List Price |
Sold Price |
Sq Ft |
CDOM |
| 44 Eagle Crest Dr #23 |
Condo |
$177,900 |
$175,000 |
798 |
38 |
| 45 Eagle Crest Dr #409 |
Condo |
$200,000 |
$205,000 |
1,214 |
2 |
| 16250 Pacific Hwy #82 |
Condo |
$234,900 |
$229,900 |
841 |
32 |
| 3846 Boticelli St |
Condo |
$295,000 |
$275,000 |
1132 |
125 |
| 5 Bloch Terr |
Townhouse |
$364,900 |
$355,000 |
1972 |
54 |
| 5751 Washington Ct |
Detached |
$459,000 |
$439,500 |
2120 |
48 |
| 6472 Dawn St |
Detached |
$489,900 |
$485,000 |
1032 |
1 |
| 15275 Boones Way |
Attached |
$529,000 |
$520,000 |
1320 |
17 |
| 1 Cellini Ct |
Detached |
$550,000 |
$575,000 |
2200 |
3 |
| 14674 Rainbow Dr |
Detached |
$669,000 |
$625,000 |
3190 |
113 |
| 13202 Rogers Rd |
Detached |
$774,500 |
$760,000 |
3117 |
62 |
| 4353 Snowbrush Ct |
Detached |
$819,000 |
$819,000 |
3808 |
45 |
| 928 Lake Front Rd |
Detached |
$895,000 |
$887,500 |
2468 |
6 |
| 15167 Brook Ct |
Detached |
$935,000 |
$895,000 |
3880 |
66 |
| 17990 Ridge Lake Dr |
Detached |
$1,349,000 |
$1,260,000 |
3745 |
96 |
| 17410 Viewpoint Ln |
Detached |
$1,299,000 |
$1,310,000 |
4810 |
9 |
|
|
|
|
|
|
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.
 Here is your look at the most recent data for the entire Portland area (August 2019) and how Lake Oswego fits in to this picture just below.
According to the RMLS Market Action Report for the Portland Metro Area, August, 2019:
- There were 3,757 New Listings in August 2019 which was down 10.8% from August of 2018’s 4,214, and 5.3% from the previous month/July’s 3,966.
- At 2,901 August 2019’s Closed Sales were down slightly at 2.2% lower than August 2018’s 2,967, and again 1.5% lower than the previous month/July 2019’s total of 2,994 .
- August 2019’s Pending Sales (accepted offers), at 2,929 were up 6.1% from August of 2018’s 2,760, but down at bit at 2.3% from the previous month/July 2019’s total of 2,998.
- The Average Sale Price in August 2019 of $462,600 was about the same as last year/August 2018’s $462,400, and was down $3,400 from the previous month/July 2019’s $466,000.
- The “Median” Sale Price (the price smack dab in the middle of all sales) in August 2019 of $417,500 was up from last year/August 2018’s $407,500 by $10,000, and up $5,900 from the previous month/July 2019’s $411,600 .
Neighborhoods: August’s Average Sale Price + 12-month Appreciation :
- North Portland: $440,400 1.2% (July $406,300)
- NE Portland: $506,200 1.8% (July $499,200 )
- SE Portland: $424,000 1.7% (July $424,200)
- Gresham/Troutdale: $372,500 5.1% (July $373,200)
- Milwaukie/Clackamas: $449,000 3.4% (July $452,500)
- Oregon City/Canby: $435,800 4.0% (July $446,600)
- Lake Oswego/West Linn:$685,500 -0.7% (July $681,000)
- West Portland: $578,000 -0.7% (July $587,800)
- NW Wash County: $535,100 -2.5% (July $557,800)
- Beaverton/Aloha: $406,800 5.7% (July $411,100)
- Tigard/Wilsonville: $465,200 2.2% (July $492,600)
- Hillsboro/Forest Grove: $416,000 4.1% (July $423,300)
LAKE OSWEGO:
The combined areas of Lake Oswego and West Linn for the month of August 2019 reported:
-
- 452 Active Listings (July 451)
- 199 New Listings (July 226)
- 140 Pending Sales (July 187)
- 187 Closed Sales (July 170)
- Average Sale Price for August: $685,500 (July $681,000)
- 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.
- 76 Average Days on the Market (July 62)
 There’s a bit of a chill in the air (its just a tease…warm weather will be back!) and a total of 279 homes for sale in Lake Oswego right now. Last week 12 New properties entered the market, 20 moved to Pending status, and 13 were “Closed”/Sold.
We continue to see a really nice spectrum of price ranges, and of course this time of year is always the best time for a Buyer in this area. I’d be happy to explain to you the “why’s” of that anytime!
Following is the breakdown for you according to RMLS:
NEW on Mkt (Sept 2-8, 2019)
| Address |
List Price |
# Beds |
# Baths |
Total SF |
Prop Type |
| 4000 CARMAN DR, D53 |
$219,000 |
1 |
1 |
836 |
CONDO |
| 200 CERVANTES / Grnd |
$229,000 |
3 |
1.1 |
1138 |
CONDO |
| 4438 THUNDER VISTA LN #4438 |
$349,900 |
3 |
2.1 |
2040 |
CONDO |
| 5178 LOWER DR |
$565,000 |
3 |
2 |
1800 |
DETACHD |
| 975 SOUTHSHORE BLVD |
$639,900 |
3 |
2.1 |
2191 |
DETACHD |
| 7 MOUNTAIN VIEW LN |
$799,500 |
5 |
2.1 |
3324 |
DETACHD |
| 2025 WEMBLEY PARK RD |
$925,000 |
4 |
2.1 |
2700 |
DETACHD |
| 16495 GLENWOOD CT |
$1,219,000 |
5 |
3.1 |
4533 |
DETACHD |
| 17912 KELOK RD |
$1,250,000 |
5 |
3 |
3218 |
DETACHD |
| 3250 FIR RIDGE RD |
$1,349,000 |
4 |
3.1 |
3541 |
DETACHD |
| 15566 VILLAGE PARK CT |
$1,398,000 |
5 |
3.1 |
4855 |
DETACHD |
| 3270 FIR RIDGE RD |
$1,449,000 |
4 |
3.1 |
3872 |
DETACHD |
PENDING SALES (Sept 2-8, 2019)
| Address |
List Price |
# Beds |
# Baths |
Total SF |
Prop Type |
CDOM |
| 47 EAGLE CREST DR #56 |
$189,000 |
3 |
1 |
1024 |
CONDO |
53 |
| 3992 CARMAN DR |
$325,000 |
2 |
2.1 |
1107 |
CONDO |
8 |
| 44 TOUCHSTONE |
$425,000 |
4 |
3 |
2507 |
DETACHD |
23 |
| 16494 INVERURIE RD |
$449,000 |
3 |
1 |
1302 |
DETACHD |
68 |
| 21 MOUNTAIN CIR |
$469,000 |
3 |
2 |
1820 |
ATTACHD |
18 |
| 20 NORTHVIEW CT |
$599,000 |
3 |
3.1 |
2809 |
ATTACHD |
65 |
| 4938 MULHOLLAND DR |
$599,900 |
3 |
2.1 |
2558 |
ATTACHD |
86 |
| 18833 INDIAN CREEK AVE |
$619,900 |
4 |
2.1 |
2301 |
DETACHD |
3 |
| 819 BOCA RATAN DR |
$713,000 |
4 |
3 |
2760 |
DETACHD |
939 |
| 5998 FROST LN |
$749,000 |
4 |
2.1 |
2935 |
DETACHD |
22 |
| 4180 CHAPMAN WAY |
$774,900 |
4 |
2.1 |
2681 |
DETACHD |
12 |
| 1505 EASTVIEW CT |
$799,000 |
3 |
3.1 |
3367 |
DETACHD |
102 |
| 5 SCARBOROUGH DR |
$815,000 |
4 |
2.1 |
3221 |
DETACHD |
26 |
| 5705 SOUTHWOOD DR |
$879,000 |
4 |
2.1 |
3360 |
DETACHD |
7 |
| 4613 DOGWOOD DR |
$1,040,000 |
5 |
3.1 |
4524 |
DETACHD |
125 |
| 1525 MAPLE ST |
$1,050,000 |
4 |
3.1 |
3000 |
DETACHD |
214 |
| 18049 SKYLAND CIR |
$1,080,000 |
3 |
3 |
3717 |
DETACHD |
188 |
| 18989 PILKINGTON RD |
$1,189,950 |
4 |
3 |
3640 |
DETACHD |
418 |
| 272 GREENWOOD RD |
$1,195,000 |
4 |
3.1 |
3218 |
DETACHD |
153 |
| 919 WESTPOINT RD |
$3,899,000 |
4 |
4 |
4858 |
DETACHD |
508 |
SOLD (Sept 2-8, 2019)
| Address |
Opening Price |
Closed Price |
# Beds |
# Baths |
Total SF |
Prop Type |
CDOM |
| 5054 FOOTHILLS DR, E |
$299,999 |
$300,000 |
3 |
2 |
1252 |
CONDO |
8 |
| 5054 FOOTHILLS DR, C |
$299,900 |
$310,000 |
3 |
2 |
1252 |
CONDO |
2 |
| 15252 BOONES WAY |
$485,000 |
$430,000 |
3 |
2 |
1672 |
ATTACHD |
283 |
| 12 CONDOLEA DR / Main |
$425,000 |
$430,000 |
2 |
2 |
1312 |
CONDO |
16 |
| 15368 WALUGA DR |
$599,000 |
$475,000 |
3 |
2 |
1876 |
DETACHD |
420 |
| 150 KINGSGATE RD |
$485,000 |
$490,000 |
3 |
2 |
1502 |
DETACHD |
20 |
| 6419 SW DAWN ST |
$609,900 |
$578,000 |
4 |
2.1 |
2016 |
DETACHD |
382 |
| 16950 LAKERIDGE DR |
$659,000 |
$636,300 |
4 |
2.1 |
2346 |
DETACHD |
9 |
| 1816 PALISADES LAKE CT |
$860,000 |
$640,000 |
3 |
2.1 |
4598 |
DETACHD |
161 |
| 2770 WEMBLEY PARK RD |
$815,000 |
$732,500 |
5 |
3 |
3378 |
DETACHD |
112 |
| 893 10TH ST |
$1,295,000 |
$1,235,000 |
4 |
2.1 |
2719 |
DETACHD |
116 |
| 16359 CHAPIN WAY |
$1,395,000 |
$1,265,000 |
4 |
3.1 |
4158 |
DETACHD |
59 |
| 13366 BRIARWOOD LN |
$1,325,000 |
$1,325,000 |
5 |
3 |
3310 |
DETACHD |
56 |
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.
 Today I want to talk about convenience. More specifically, the convenience of where Lake Oswego is located.
We are about 10 miles South of downtown Portland, on the West side of the Willamette River. Interstate 5 is along our West boundary. Hwy 217 ends where LO begins. Interstate 205 is about a mile South of our South boundary. What does this mean? Well, it means you can get anywhere in the Portland metro area pretty darn easily. I-5 is the main artery of the entire West coast of the United States. Besides getting you into downtown Portland fairly quickly, it also takes you to Seattle, San Francisco and Los Angeles. 217 takes you to the largest employers in the state. You know, Nike, Intel, those guys. And 205 takes you to the East side of the metro area, including the airport. It’s kinda ideal.
Then there is she convenience of shopping. I’ve made this point before, so I’ll keep it brief. You need to buy something? It’s just minutes away. I’m talking more grocery stores than are really needed (is that possible?), Trader Joe’s, Costco, Home Depot, Bridgeport Village and Washington Square, it’s all super easy and quick to get to.
But what I really want to talk about are the parks. I’m a walker. I love to walk in nature parks. I first started doing this because I was putting in a lot of miles to train for a goal I had set for myself. I was looking for dirt paths that would be easy on my joints. Two parks I am completely in love with are Tryon Creek State Park and the Tualatin River National Wildlife Refuge. Tryon Creek has 8 miles of hiking trails, 3.5 miles of horse trails, 3 miles of biking trails, and a handicapped accessible trail. It meanders around a small stream that is in a revine, so the trails are very up and down (a great workout!) and through a lush forest. The Tualatin River National Wildlife Refuge is through a wetlands that is set aside for the migration of birds. The walk is flat but so majestic. What I love about this place, besides viewing the wildlife (which I see every time I go), is that it is set aside for the exclusive use of people on foot, walking. There are no bikes, no dogs, not even joggers. It’s extremely quiet and serene. Such a refuge to the soul in a world that is so busy and loud. I like to go early in the morning because the birds are just getting going. By mid afternoon they tend to be less evident. Heron, geese, ducks, red-wing blackbirds, nutria, on one occasion, an otter. It’s super enjoyable to see what can be seen, and it’s just a few miles from LO.
It’s all about quality of life!
Dianne
Real estate in Lake Oswego picked up a little last week. Not back to the numbers we saw in May and June, but a bit of an uptake from the last couple of weeks of August. This is probably because school has started and people are back into their routines. We had 20 new listings, 26 pending sales (that’s the uptick), and 18 closed/sold properties.
Following is the breakdown for you according to RMLS:
New on the Market (Aug 26-Sept 1, 2019)
| Address |
Type |
Price |
BR |
Baths |
Sq Ft |
| 4 Touchstone #69 |
Condo |
Auction |
3 |
3 |
1351 |
| 15938 Quarry Dr |
Condo |
$309,000 |
2 |
1 |
988 |
| 3924 Carman Dr |
Townhouse |
$309,000 |
2 |
2.5 |
1140 |
| 3992 Carman Dr |
Condo |
$325,000 |
2 |
2.5 |
1107 |
| 4425 Thunder Vista Ln |
Condo |
$325,000 |
2 |
2.5 |
1980 |
| 5054 Foothills Dr H |
Attached |
$327,000 |
3 |
2 |
1252 |
| 102 Greenridge Ct |
Attached |
$455,000 |
3 |
2.5 |
2004 |
| 206 Greenridge Dr |
Detached |
$462,500 |
3 |
2 |
1392 |
| 16193 Inverurie Rd |
Detached |
$498,000 |
3 |
2 |
1248 |
| 1280 Oak Terrace |
Detached |
$549,900 |
3 |
2 |
1670 |
| 4366 Sunset Dr |
Detached |
$559,000 |
3 |
2.5 |
2440 |
| 4981 Hampton Ct |
Detached |
$619,000 |
4 |
2.5 |
2440 |
| 17896 Kelok Rd |
Detached |
$874,500 |
6 |
6 |
4093 |
| 5705 Southwood Dr |
Detached |
$879,000 |
4 |
2.5 |
3360 |
| 1405 Country Commons Ln |
Detached |
$1,200,000 |
4 |
3 |
4083 |
| 18026 Skyland Circle |
Detached |
$1,399,000 |
5 |
3.5 |
4134 |
| 667 Lake Bay Ct |
Detached |
$1,784,900 |
4 |
3.5 |
3616 |
| 17852 Upper Cherry Ln |
Detached |
$1,795,000 |
3 |
3 |
5299 |
| 1251 Forest Meadows Way |
Detached |
$2,125,000 |
4 |
3.5 |
5000 |
| 3015 Wembley Park Rd |
Detached |
$2,469,900 |
4 |
4.5 |
5211 |
Pending Sales (Aug 26-Sept 1, 2019)
| Address |
Type |
Price |
BR |
Baths |
Sq Ft |
CDOM |
| 5225 Jean Rd #403 |
Condo |
$279,000 |
2 |
2 |
1200 |
10 |
| 668 McVey Ave #55 |
Condo |
$294,900 |
1 |
1 |
636 |
196 |
| 4204 Woodside Circle |
Townhouse |
$329,900 |
2 |
2 |
1308 |
115 |
| 16317 Bonaire Ave |
Detached |
$349,000 |
3 |
1.5 |
1219 |
5 |
| 5787 Baliene St |
Detached |
$389,900 |
3 |
1 |
960 |
22 |
| 23 Mountain Circle |
Detached |
$445,000 |
2 |
2 |
1363 |
141 |
| 9 Pericles |
Detached |
$449,000 |
3 |
2.5 |
2197 |
1 |
| 17273 Bryant Rd |
Detached |
$475,000 |
3 |
1.5 |
1452 |
37 |
| 16722 Lake Forest Blvd |
Detached |
$484,900 |
4 |
2 |
1968 |
85 |
| 4281 Chapman Way |
Detached |
$539,900 |
4 |
3 |
2038 |
50 |
| 1551 Woodland Terr |
Detached |
$549,900 |
4 |
2 |
2712 |
1479 |
| 2415 Glen Haven Rd |
Detached |
$560,000 |
5 |
3 |
2614 |
47 |
| 3781 Tempest Dr |
Detached |
$599,000 |
3 |
2.5 |
3927 |
59 |
| 8 Walking Woods Dr |
Detached |
$599,900 |
4 |
3 |
3105 |
216 |
| 14677 Doris Ave |
Detached |
$599,900 |
5 |
3 |
2848 |
30 |
| 22 Juarez St |
Detached |
$599,900 |
4 |
2.5 |
3096 |
88 |
| 18225 SW 65th Ave |
Detached |
$625,000 |
5 |
2.5 |
2210 |
39 |
| 5587 Bay Creek Dr |
Detached |
$639,000 |
4 |
2.5 |
2507 |
11 |
| 13660 Shireva Dr |
Detached |
$649,000 |
4 |
3 |
2674 |
35 |
| 30 Westridge Dr |
Detached |
$659,900 |
4 |
3 |
3290 |
27 |
| 75 Nansen Summit |
Detached |
$675,000 |
4 |
3.5 |
3214 |
47 |
| 877 Cornell St |
Detached |
$715,000 |
3 |
3 |
3041 |
3 |
| 1125 Northshore Rd |
Detached |
$1,150,000 |
3 |
2 |
1589 |
49 |
| 3540 Red Cedar Way |
Detached |
$1,295,000 |
4 |
3.5 |
4023 |
72 |
| 748 6th St |
Detached |
$1,425,000 |
4 |
4.5 |
2865 |
151 |
| 1715 Edgecliff Terr |
Detached |
$1,675,000 |
4 |
4.5 |
4927 |
372 |
Sold/Closed (Aug 26- Sept 1, 2019)
| Address |
Type |
List Price |
Sold Price |
Sq Ft |
CDOM |
| 200 Burnham Rd #403 |
Condo |
$250,000 |
$250,000 |
1199 |
11 |
| 3828 Botticelli |
Condo |
$279,000 |
$282,500 |
1,273 |
21 |
| 17903 Belmore Ave |
Detached |
$469,900 |
$330,000 |
2016 |
78 |
| 12882 Boones Ferry Rd |
Condo |
$379,900 |
$367,000 |
1182 |
98 |
| 18365 SW 65th Ave |
Detached |
$389,000 |
$389,000 |
1032 |
9 |
| 19060 Indian Creek Ave |
Detached |
$524,000 |
$461,500 |
1566 |
120 |
| 17683 Schalit Way |
Detached |
$500,000 |
$515,000 |
1463 |
19 |
| 69 Condolea Terr |
Condo |
$569,900 |
$550,000 |
2157 |
13 |
| 17435 Bonniebrae Dr |
Detached |
$739,000 |
$689,000 |
3200 |
106 |
| 5536 Kilchurn Ave |
Detached |
$749,900 |
$722,500 |
2550 |
11 |
| 5327 Carman Grove Ln |
Detached |
$949,500 |
$918,000 |
3125 |
99 |
| 5680 Childs Rd |
Detached |
$1,099,000 |
$965,000 |
3430 |
68 |
| 5702 Meadowcreek Ct |
Detached |
$1,149,000 |
$1,089,000 |
3205 |
81 |
| 3197 Alber Spring Ct |
Detached |
$1,489,000 |
$1,335,000 |
4852 |
146 |
| 125 Middlecrest Rd |
Detached |
$1,429,000 |
$1,375,000 |
3242 |
8 |
| 611 Ridgeway Rd |
Detached |
$1,650,000 |
$1,550,000 |
4463 |
128 |
| 17613 Kelok Rd |
Detached |
$2,098,000 |
$1,971,500 |
4750 |
34 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|
|
