Property Blotter

Market Activity ~ Feb 17-23, 2020

We’re seeing more Listings start to come to market now. Last week in Lake Oswego, 13 New properties entered the market, 24 moved to Pending status, and 10 were “Closed”/Sold. We also have 127 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 17-23, 2020)

Address	List Price	# Beds	# Baths	Total SF	Prop Type
86 KINGSGATE RD/Upper	$259,900	2	2	938	CONDO
48 EAGLE CREST DR #1B	$295,000	3	2	1623	CONDO
28 TANGLEWOOD DR	$575,000	4	2.1	2282	DETACHD
2415 GLEN HAVEN RD	$584,950	5	3	2614	DETACHD
15213 CANDLEWOOD CT	$700,000	4	2.1	2670	DETACHD
2679 GLEN EAGLES RD	$779,000	3	3	2378	DETACHD
4388 SNOWBRUSH CT	$835,000	5	4	3928	DETACHD
17867 SUNDOWN CT	$869,900	3	3.1	2763	DETACHD
3781 TEMPEST DR	$899,900	4	2.1	3927	DETACHD
4121 CHILDS RD	$956,000	4	3.1	3396	DETACHD
14530 UPLANDS DR	$1,639,000	5	3.1	4080	DETACHD
13311 LESLIE CT	$1,699,000	5	5	5601	DETACHD
15607 VILLAGE DR	$2,589,000	5	3.1	5407	DETACHD

PENDING SALES (Feb 17-23, 2020)

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
66 GALEN ST / Upper	$179,999	1	1	690	CONDO	14
45 OSWEGO SMT / Lower	$200,000	1	1	764	CONDO	33
48 CERVANTES CIR	$270,000	2	1.1	1368	CONDO	162
3834 BOTTICELLI ST	$275,000	2	2	1055	CONDO	239
4438 THUNDER VISTA LN #4438	$349,900	2	2.1	2040	CONDO	164
5054 FOOTHILLS DR, E	$355,000	2	2	1252	CONDO	12
18660 DON LEE WAY	$450,000	3	1	966	DETACHD	0
17721 Arbor LN	$589,900	3	2	1521	DETACHD	2
639 2ND ST	$650,000	2	2.1	1457	ATTACHD	5
780 2ND ST	$699,900	2	2	1536	DETACHD	3
3 GARIBALDI ST	$725,000	3	3	3137	DETACHD	67
5825 RIDGETOP CT	$759,900	3	3	2897	DETACHD	2
259 PINE VALLEY RD	$800,000	3	2	2010	DETACHD	16
4102 CHAD DR	$825,000	4	2.1	3067	DETACHD	3
2535 GLENMORRIE DR	$899,900	4	3	3134	DETACHD	5
16754 QUAIL CT	$1,088,000	5	3.1	3329	DETACHD	2
4485 West RD	$1,095,000	5	3.1	3678	DETACHD	537
17935 CARDINAL DR	$1,150,000	3	2.1	1909	DETACHD	15
17525 CHERRY CT	$1,175,000	5	3.1	4559	DETACHD	311
16895 CHAPIN WAY	$1,495,000	4	3.2	5182	DETACHD	216
18218 MEADOWLARK LN	$1,599,000	5	6.1	8320	DETACHD	257
707 LAKE SHORE RD	$1,890,000	3	2.1	2992	DETACHD	98
12812 GOODALL RD	$1,895,000	4	4.1	4808	DETACHD	283
2493 SOUTHSHORE BLVD	$3,599,000	5	5.1	7112	DETACHD	311

SOLD (Feb 17-23, 2020)

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
38 OSWEGO SMT / Lower	$210,000	$199,900	1	1	902	CONDO	118
17199 WARREN CT	$569,900	$510,000	3	2	1750	DETACHD	44
3802 SOUTHSHORE BLVD	$550,000	$550,000	3	2	1908	DETACHD	2
14383 HOLLY SPRINGS RD	$585,000	$580,125	5	2.1	2238	CONDO	2
15510 PARTRIDGE DR	$610,000	$610,000	3	2.1	2298	DETACHD	2
4120 CANAL RD	$1,100,000	$930,000	4	3.1	4104	DETACHD	88
762 3RD ST	$1,100,000	$1,000,000	3	2.1	2590	DETACHD	26
589 7TH ST	$1,299,000	$1,223,600	5	4.1	3657	DETACHD	181
1976 HIGHLANDS LOOP	$1,799,000	$1,585,000	4	3.2	4881	DETACHD	310
17675 CARDINAL DR	$2,385,500	$2,223,600	4	3	3458	DETACHD	185

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.

Big Zone Change

Last year the Oregon legislature passed two zoning laws that are going to have big impact on every town in Oregon that has a population of over 10,000 people.

House bill 2001 requires towns with more than 10,000 to allow “middle housing” in neighborhoods that have previously been zoned for single family dwellings. Middle housing is duplexes, triplexes, fourplexes, townhomes and cottage clusters. Duplexes must be allowed on every lot where single family housing is allowed. The other options have some restrictions. The State Department of Land Conservation and Development is currently working to determine what this means and what cities must do to be in compliance.

House bill 2003 requires cities to study future housing needs and to develop strategies to meet those needs. Lake Oswego is required to do this study and provide a housing needs assessment by 2023.

Obviously this is super controversial. The need for more housing is evident and it is good the State is working to provide more housing options. It could be a win-win for homeowners who want some rental income or want to provide affordable housing to friends or family members. But the flip side is that it will have an impact on the character of our neighborhoods. It will also create greater density that will put a strain on city infrastructure.

For more information visit the City of Lake Oswego website, www.lakeosweago.ciy and search for file “PP 19-0008”, or call Erik Oson, Senior Planner, at 503-697-6524.

As always, thanks for reading the blotter.
Dianne

Market Activity Feb 10-16, 2020

Last week in Lake Oswego there were 7 new listings, 21 properties that went into pending status, and 11 sold/closed sales. What stands out for me is the Days on the Market for the pending sales. Several were on the market for extremely extended periods of time. The average days on the market for this group is 160 days. Now, knowing this, look at how few houses came onto the market compared to houses that received accepted offers: 7 new listings and 21 pending sales. The inventory is currently lower than the demand. This is motivating buyers to look at the houses that have been around for a while and is generating offers. It’s a great time to list your house for sale!

Following is the breakdown for you according to RMLS:

New on the Market (Feb 10-16, 2020)

Address	Type	Price	BR	Baths	Sq Ft
13 Oswego Summit	Condo	$178,000	1	1	764
2025 Wembley Park Rd	Detached	$925,000	3	2.5	2700
2250 Southshore Blvd	Detached	$1,299,000	4	4.5	4432
467 9th St	Detached	$1,385,000	3	2.5	2979
839 F Ave	Detached	$1,450,000	4	3.5	3780
49 Briarwood Rd	Detached	$1,490,000	3	2.5	3000
4160 Lakeview Blvd	Detached	$1,598,000	4	4.5	3904

Pending Sales (Feb 10-16, 2020)

Address	Type	Price	BR	Baths	Sq Ft	CDOM
317 Cervantes	Condo	$229,900	2	2	1209	178
16250 Pacific Hwy #71	Condo	$245,000	2	2	1305	257
4425 Thunder Vista Ln	Condo	$299,000	2	2.5	1980	168
5053 Foothills Dr D	Condo	$315,900	2	2	1252	124
4210 Woodside Circle	Attached	$399,900	3	2	1778	151
304 6th St	Detached	$550,000	1	1	941	89
6450 Frost St	Detached	$594,900	4	2.5	2216	3
4933 Mulholland Dr	Attached	$599,900	2	2.5	2403	126
2 Morningview Ln	Detached	$625,000	4	3.5	2898	241
507 Ash St	Detached	$675,000	5	4	4666	144
18 Northview Ct	Attached	$675,000	3	3.5	2671	21
4771 Avery Ln	Detached	$725,000	4	2.5	2536	5
17393 Grandview Ct	Detached	$795,000	4	3.5	3672	108
14611 Uplands Dr	Detached	$975,000	3	3	3028	2
5340 Greystoke Dr	Detached	$1,095,000	3	4	2955	34
717 5th St	Detached	$1,279,950	4	2.5	2809	3
2050 Childs Rd	Detached	$1,295,000	4	4.5	4814	272
12822 Alto Park Rd	Detached	$1,495,000	4	4.5	3426	0
17686 Stafford Rd Lot 4	Detached	$1,529,950	5	3.5	4524	388
1190 Fairway Rd	Detached	$2,599,000	4	4.5	5855	90
4175 Southshore Blvd	Detached	$3,900,000	4	4.5	6332	961

Sold/Closed (Feb 10-16, 2020)

Address	Type	List Price	Sold Price	Sq Ft	CDOM
202 Cervantes	Condo	$205,000	$187,500	890	212
4000 Carman Dr #19	Condo	$210,000	$210,000	836	5
3433 McNary Pkwy #301	Condo	$229,000	$219,000	1208	128
4456 Sunset Dr	Detached	$495,000	$495,000	2024	8
5095 Oakridge Rd	Detached	$549,000	$583,000	1743	3
2425 Prestwick Rd	Detached	$719,000	$690,000	1464	46
14066 Chetham Ct	Detached	$835,000	$826,500	2800	3
2475 Marylview Ct	Detached	$849,000	$840,000	3009	100
5581 Yorkshire Pl	Detached	$825,000	$898,500	3218	3
13599 Meadowcreek Ln	Detached	$1,090,000	$1,130,101	3415	6
1100 Bayberry Rd	Detached	$1,625,000	$1,545,000	3507	105

News & Notes ~ Jan 2020 Numbers

Here is your look at the most recent data for the entire Portland area (January 2020) and how Lake Oswego fits in to this picture just below.

No doubt about it, Inventory is still low. So, not as many houses on the market as we enter the new year, but word is the number of Buyers out there right now is up. Generally that means sale prices will continue to see healthy appreciation as Buyers compete for a smaller number of homes. We’ll just have to wait and see what this year holds! That said, New Listings are up a whopping 116.9% from December to January, so we may see our “Leveling-out” trend continue as far as prices go if we also continue to see that Inventory rise. Areas in & around Gresham, Oregon City, Milwaukie/Clackamas, Beaverton & Hillsboro, are the strongest as far as Appreciation goes.

According to the RMLS Market Action Report for the Portland Metro Area, January 2020:

There were 2,754 New Listings in January 2020 which decreased 9.6% from January of 2019’s 3,048, BUT rose 116.9% from the previous month/December‘s 1,270.
At 1,663, January 2020’s Closed Sales were up 14.6% over January 2019’s 1,451, and down 24.9% from the previous month/December 2019’s total of 2,213. (***Low activity during holidays means not as many “Closing” yet in January.)
At 2,271, January 2020’s Pending Sales rose 11.1% over January 2019’s 2,045, and rose 28.2% from the previous month/December 2019’s total of 1,772.
The Average Sale Price in January 2020 of $463,000 up $27,400 from last year/January 2019’s $435,600, and stayed steady related to the previous month/December 2019’s $463,000.
The “Median” Sale Price (the price smack dab in the middle of all sales) in January 2020 of $406,000 was up from last year/January 2019’s $384,900 by $21,100, and down just $1,000 from the previous month/December 2019’s $405,000.

Neighborhoods: January’s Average Sale Price + 12-month Appreciation:

North Portland: $392,900 1.5% (Dec $440,200)
- YTD Median: $385,000
NE Portland: $483,100 2.4% (Dec $460,800)
- YTD Median: $410,000
SE Portland: $427,000 0.7% (Dec $409,000)
- YTD Median: $385,000
Gresham/Troutdale: $363,700 4.9% (Dec $370,100)
- YTD Median: $350,000
Milwaukie/Clackamas: $451,300 3.9% (Dec $441,300 )
- YTD Median: $425,000
Oregon City/Canby: $449,300 4.9% (Dec $446,500)
- YTD Median: $439,000
Lake Oswego/West Linn:$712,600 2.7% (Dec $732,400)
- YTD Median: $570,000
West Portland: $601,000 -2.5% (Dec $614,300 )
- YTD Median: $507,500
NW Wash County: $498,000 -1.5% (Dec $522,600)
- YTD Median: $463,400
Beaverton/Aloha: $414,500 3.1% (Dec $385,000)
- YTD Median: $400,000
Tigard/Wilsonville: $507,100 1.0% (Dec$438,900)
- YTD Median: $458,300
Hillsboro/Forest Grove: $419,500 5.2% (Dec $420,400)
- YTD Median: $386,300

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn for the month of January 2020 reported:

- 217 Active Listings (Dec 223)
- 153 New Listings (Dec 50)
- 106 Pending Sales (Dec 70)
- 73 Closed Sales (Dec 107)
- Average Sale Price for January: $712,600 (Dec $732,400)
  - 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.
- 117 Average Days on the Market (Dec 109)

Market Activity ~ Feb 3-9, 2020

We’re seeing more Listings start to come to market now. Last week in Lake Oswego, 15 New properties entered the market, 16 moved to Pending status, and 9 were “Closed”/Sold. We also have 127 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 3-9, 2020)

Address	List Price	# Beds	# Baths	Total SF	Prop Type
66 GALEN ST / Upper	$179,900	1	1	690	CONDO
4 TOUCHSTONE #130	$205,000	2	2	984	ATTACHD
5054 FOOTHILLS DR E	$355,000	2	2	1252	CONDO
12846 BOONES FERRY RD	$389,000	2	2.1	1234	CONDO
5053 W SUNSET DR	$499,900	2	2.1	1720	ATTACHD
16368 SW Lake Forest BLVD	$979,000	4	2.1	2750	DETACHD
17935 CARDINAL DR	$1,150,000	3	2.1	1909	DETACHD
975 SCHUKART LN	$1,198,000	4	2.1	4449	DETACHD
2024 PALISADES TERRACE DR	$1,249,000	4	3.1	4943	DETACHD
717 5TH ST	$1,279,950	4	2.1	2809	DETACHD
5745 Washington CT	$1,295,000	4	3.1	2841	DETACHD
17467 WESTVIEW DR	$1,309,000	4	3.1	4119	DETACHD
18320 MEADOWLARK LN	$1,649,000	4	4.2	6054	DETACHD
17537 CARDINAL DR	$1,995,000	5	4	5383	DETACHD
1164 CRESTLINE CT	$2,495,000	5	4.2	6800	DETACHD

PENDING SALES (Feb 3-9, 2020)

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #56	$189,000	3	1	1024	CONDO	207
216 CERVANTES / Grnd	$264,900	2	1	1336	CONDO	3
17 SUMMIT RIDGE CT	$315,000	2	2.1	1844	ATTACHD	84
28 GREENRIDGE CT	$350,000	3	2	1642	ATTACHD	128
68 Greenridge CT	$425,000	3	2.1	2868	ATTACHD	293
5057 W SUNSET DR	$474,500	2	2.1	1720	ATTACHD	453
524 2ND ST	$497,500	2	2.1	1547	CONDO	2
14442 ORCHARD SPRINGS RD	$524,900	3	2.1	1400	CONDO	62
14446 HOLLY SPRINGS RD	$529,900	3	2.1	1699	CONDO	302
6010 BURMA RD	$549,000	3	1.1	1260	DETACHD	12
76 GREENRIDGE CT	$650,000	4	3.1	2868	ATTACHD	25
1604 COUNTRY CLUB RD	$775,000	4	3.1	3878	DETACHD	862
14066 CHATHAM CT	$835,000	5	2.1	2800	DETACHD	3
5331 W SUNSET DR	$939,000	3	3.1	3606	DETACHD	137
885 8TH ST	$949,000	3	2	1730	DETACHD	13
17084 CHAPIN WAY	$1,295,000	4	3.1	4028	DETACHD	11

SOLD (Feb 3-9, 2020)

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
54 CERVANTES CIR / Grnd	$205,000	$217,000	2	1.1	912	CONDO	29
#74	$294,000	$289,000	1	1	636	CONDO	132
1470 BOCA RATAN DR	$389,000	$375,000	4	2	1867	ATTACHD	200
14480 CAMDEN LN	$650,000	$667,500	3	2.1	2069	DETACHD	4
4221 Cobb WAY	$679,900	$740,000	3	2	1724	DETACHD	3
15815 ALLISON PL	$825,000	$800,000	4	2.1	3559	DETACHD	216
13637 WESTLAKE DR	$1,130,000	$1,100,000	4	4.1	3927	DETACHD	606
3250 FIR RIDGE RD	$1,349,000	$1,349,000	4	3.1	3541	DETACHD	105
1290 ANDREWS RD	$1,379,000	$1,375,000	4	3	3610	DETACHD	11

The Importance of Great Photography

In today’s real estate market, pretty much 100% of buyers start with the Internet. There are numerous websites that are popular, but all of them upload the information about your home from the same source, the Regional Multiple Listing Service. This data is generated by the Realtor you hire to market your home. Part of that marketing is taking pictures. Today, the RMLS allows up to 32 photos. That’s a lot of pictures.

Here are a few tips to prepare your home for photography.

1. Declutter and remove personal mementos. This is something that I have stressed on numerous occasions, but it just can not be said enough. Clutter decreases value. In photos, it makes a room look small and cramped.

2. Remove seasonal decorations, particularly right now. If you still have holiday decorations up and they appear in photos, it will make your home look like it’s been on the market for two months, even if it’s just now being listed.

3. Outside, hide the garbage cans and the bikes.

4. Trim back the landscaping to benefit seeing windows when exterior pictures are taken, and also to let as much light as possible into the house for the interior photos.

5. Use a Realtor who hires a professional photographer. I’ll admit, I think I’m pretty good at taking pictures. I am a hobby artist and pride myself on knowing angles and directions to photograph, but I can not match the skill of a professional photographer. It’s more than taking the photos. It’s also having the best camera and lens, along with editing. I using an amazing photographer who has a background in graphic design. She sets her camera up on a tripod and then takes multiple photos of the same shot, but using different light exposures. She then edits the photos, combining them, to get the absolute best light exposure.

6. Lots of photographers, not the person I prefer, set a limited window of time, usually about 45 minutes or so. In other words, they won’t have time to open drapes or turn on lights. So be prepared to have your home “photo ready” when they arrive. This means turning on every light in every room. Open all of the drapes to let light in. Consider building a fire in the fireplace.

7. Every property deserves professional photography. No matter the price point, the photos are important.

The photos featured in this post were from a listing I recently had in Mountain Park. This house sold on the first day for $10,000 over the asking price. I hope you can see why. It was a gorgeous house, but the photos…just, wow.

I hope you have found this information helpful. As always, thanks for reading the blotter.
Dianne

Market Activity Jan 27-Feb 2, 2020

Last week in Lake Oswego there were 6 new listings that came onto the market, 14 properties that had offers received and accepted to go into pending status, and 10 closed/sold.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 27-Feb 2, 2020)

Address	Type	Price	BR	Baths	Sq Ft
34 Wheatherstone #17	Attached	$385,000	3	2.5	1692
259 Pine Valley Rd	Detached	$850,000	3	2	2010
18820 Green Blulff Dr	Detached	$1,425,000	4	4.5	5572
408 Northshore Rd	Detached	$1,448,000	4	3.5	3753
2880 Upper Dr	Detached	$1,995,000	5	4.6	5853
1188 Cherry Circle	Detached	$2,498,000	5	6.5	8772

Pending Sales (Jan 27-Feb 2, 2020)

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4384 Woodside Circle	Attached	$375,000	3	2	1705	2
2001 Country Club Rd	Detached	$549,000	3	2	2022	141
16106 Lake Forest Blvd	Detached	$549,900	3	1.5+.5	3440	575
2500 Greentree Rd	Detached	$559,000	3	2	1502	5
1981 Summit Dr	Detached	$579,000	3	2.5	2189	4
17291 Cedar Rd	Detached	$585,000	6	3	2872	228
4045 Bass Ln	Detached	$599,000	4	2.5	2158	137
4911 Parkhill St	Detached	$599,900	4	2.5	2158	137
15510 Partridge Dr	Detached	$610,000	3	2.5	2298	2
2103 Ridgewood Rd	Detached	$664,900	4	2	1650	3
13711 Fielding Rd	Detached	$889,950	4	4	4649	224
13599 Meadowcreek Ln	Detached	$1,090,000	4	3.5	3415	6
1623 Maple St	Detached	$1,249,900	5	3.5	4797	183
305 Chandler Pl	Detached	$1,400,000	6	4	3390	1

Sold/Closed (Jan 27-Feb 2, 2020)

Address	Type	List Price	Sold Price	Sq Ft	CDOM
124 Oswego Summit	Condo	$245,000	$238,000	1140	233
22 Condolea Dr	Condo	$385,000	$375,000	1,448	132
16317 Bonaire Ave	Detached	$369,900	$385,000	1219	4
668 McVey Ave	Condo	$410,000	$400,000	852	31
38 Briarwood Rd	Detached	$800,000	$462,000	2554	493
3241 Phyllis Ct	Detached	$525,000	$502,000	2674	8
30 Becket	Detached	$544,999	$535,000	2077	113
16800 Lakeridge Dr	Detached	$1,100,009	$1,049,000	2369	138
4316 Upper Dr	Detached	$1,349,000	$1,130,000	4376	257
878 7th St	Detached	$1,350,000	$1,280,000	3017	7

This Week in Lake Oswego ~ Feb 3-9, 2020

Here are my picks for things happening this week!

Mon, Feb 3, 2020– 7:00PM – Development Review Commission ~ Opportunity to hear about upcoming projects including new athletic field lighting and a hitting barn at Lakeridge High School – City Hall, 380 A Ave – Info: CLICK HERE

Tue, Feb 4 2020 – 7:00-8:30PM – “Bayou Boyz” for First Tuesday Music!!!!~***Ding! Ding! Ding! These guys are just some of the best musicians in the region… at the Lake Oswego Library! Bayou Boyz promise to “swampify your world”. This is Louisiana-style music from coastal areas featured in the 2020 LO Reads title, Rising: Dispatches from the New American Shore, by Elizabeth Rush. – Lake Oswego Library, 706 4th St- Info: CLICK HERE

Wed, Feb 5th, 2020 – 4:15-5:00PM / Ages 7-12- Meet the Artist ~ Each week explore an Artist who really made an impact in the world…such as Frida Kahlo, Picasso, Matisse, and Georgia O’Keefe ~ CCP, 1060 Chandler Rd –Info & Reg: CLICK HERE

Thu, Feb 6th, 2020 9:00-10:00AM – 50+ Aerobic Exercise to Music ~ Low-impact class helps w/balance, flexibility, strength. ~ Adult Community Center, 505 G Avenue – Info & Registration: (class has begun/can still sign up!) CLICK HERE

Fri , Feb 7th 2020: 1:30-4:00, Beasts of the Southern Wild ~ See this film from in a theater and discuss it afterwards. In the movie, 6-year-old Hushpuppy (Quvenzhané Wallis) lives with her father Wink (Dwight Henry) in a remote Delta community. Doors open at 1:30. Film starts at 2:00. – Lake Theater & Cafe, 106 N State St Info: CLICK HERE

Sat , Feb 8th 2020: 1:00-2:30, Garden Planning 101 ~Learn about succession planting, companion planting and “what to plant/when”. – Luscher Farm, 125 Rosemont Road Info: CLICK HERE

Sun, Feb 9, 2020– 2:00-3:00PM – Young People Facing Climate Change ~ Hear a panel featuring youth from Lake Oswego and Lakeridge High Schools discuss how they are feeling about climate change and what opportunities are available to become involved. – City Hall, 380 A Ave – Info : CLICK HERE

Market Activity ~ Jan 20-26, 2020

Last week in Lake Oswego, 4 New properties entered the market, 13 moved to Pending status, and 6 were “Closed”/Sold. We also have 135 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 20-26, 2020)

Address	List Price	# Beds	# Baths	Total SF	Prop Type
107 OSWEGO SMT/Grnd	$214,900	2	1.1	1116	CONDO
157 6TH ST	$1,549,000	4	3.1	3614	DETACHD
667 LAKE BAY CT	$1,699,900	4	3.1	3616	DETACHD
1350 Andrews RD	$2,150,000	3	3.1	3377	DETACHD

PENDING SALES (Jan 20-26, 2020)

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
1470 BOCA RATAN DR	$378,888	4	2	1867	ATTACHD	200
4 THE GROTTO	$419,000	3	2.1	1534	DETACHD	256
3802 SOUTHSHORE BLVD	$550,000	3	2	1908	DETACHD	2
5207 ROSEWOOD ST	$559,900	3	2	1438	DETACHD	5
14480 CAMDEN LN	$650,000	3	2.1	2069	DETACHD	4
18006 GIMLEY CT	$688,000	5	4	3110	DETACHD	3
19262 Pilkington RD	$699,900	3	2.1	2194	CONDO
14253 KIMBERLY CIR	$850,000	4	3.1	3527	DETACHD	40
1691 VILLAGE PARK LN	$998,000	4	3.1	3980	DETACHD	10
1692 VILLAGE PARK LN	$1,198,000	4	3.1	3581	DETACHD	171
1976 HIGHLANDS LOOP	$1,650,000	4	3.2	4881	DETACHD	310
162 BERWICK RD	$2,199,900	4	4.1	4227	DETACHD	80
17675 CARDINAL DR	$2,295,000	4	3	3458	DETACHD	185

SOLD (Jan 20-26, 2020)

Address	Opning Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
4085 JEFFERSON PKWY	$339,000	$306,000	2	2.1	1302	CONDO	85
12862 BOONES FERRY RD #114	$378,500	$378,500	2	2.1	1136	CONDO	47
14024 EDENBERRY CT	$860,000	$870,000	4	2.1	3183	DETACHD	3
3 DOVER WAY	$999,000	$880,000	5	3.2	4988	DETACHD	130
4350 LORDS LN	$1,395,000	$1,395,000	5	4	3888	DETACHD	5
6720 CHILDS RD	$1,850,000	$1,715,000	4	4.1	6898	DETACHD	153

Oswego Heritage Council

I am a big fan of history and I really appreciate it when it is well preserved and appreciated. Lake Oswego history is quite fascinating. The town was originally founded as a result of the discovery of iron ore in hills where Iron Mountain Drive now runs. The ore was brought down out of the mountain, loaded onto barges and taken across the lake to the Willamette River where it was smelted into usable iron.

While LO never did actually become “the Pittsburgh of the West”, it did get it’s start as a company town that evolved into a vacation town for folks in Portland, and eventually into what it is today with a population of just under 40,000 people.

Preserving the history of the town is the focus of the Oswego Heritage Council. Located as 398 10th Street in downtown LO, the council is located in an elegant formal residence that houses a museum, meeting rooms and a formal garden. There is a permanent exhibit as well as rotating exhibits. Currently being shown is the Bickner and Woodward family collection of photographs from 1919-1921. The museum is open Monday, Tuesday, and Thursday from 10-3. It is free.

The council is a 501 (c)(3) non profit. It is financed by the efforts of the council itself. In keeping with it historic mission, these efforts are primarily well known and respected annual events that include a classic car and boat show in August and a home and garden tour in June.

The facility is also available for rent. It’s suitable for meetings, luncheons, and small weddings.

As always, thanks for reading,
Dianne

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Oswego Heritage Council

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