Market Activity April 15-21, 2024

Last week in Lake Oswego there were 15 new property listings, 10 pending sales, and 15 sold/closed sales. The market continues to be very balanced with equal numbers of properties entering the market as the number of properties that are sold.

See below for RMLS data.

New on the Market April 15-21, 2024

AddressTypePriceBedroomsBathsSq Feet
45 Eagle Crest#309Condo$250,000221071
16250 Pacific Hwy #65Condo$295,00011841
86 Kingsgate Rd G102Condo$330,00022849
16250 Pacific Hwy #43Condo$395,000221305
37 Greenridge CtAttached$495,00021.51176
18585 Kristi WayDetached$675,000321332
13 Morningview CirDetached$899,50032.52519
14190 Amberwood CirDetached$1,100,000433154
1970 Greentree RdDetached$1,149,000432428
1448 Greentree CirDetached$1,150,00042.52654
1706 Meadows DrDetached$1,199,000321818
3320 Southshore BlvdDetached$1,335,00043.52503
3190 Rainbow DrDetached$1,395,00032.52808
19428 35th CtDetached$2,499,000433557
915 Atwater RdDetached$3,795,00044.54102

Pending Sales April 15-21, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
4 Touchstone #106Condo$275,000229844
284 CervantesCondo$314,95022105276
16902 Lower Meadows DrDetached$700,00032.51768189
2703 Orchard Hill PlDetached$745,0004332924
21 Hidalgo StDetached$939,00043339225
5290 Childs RdDetached$1,299,90044.53866149
17257 Bryant RdDetached$1,699,99953.5+.5478973
723 3rd StDetached$1,750,00033274827
4956 Park Bluff PlDetached$1,845,00043.54074106
1836 Highlands LpDetached$2,450,00044.5+.5549495

Sold/Closed April 15-21, 2024

AddressTypeList PriceClosed Price2CDOM
92 Cervantes CirCondo$309,000$255,000912267
45 Eagle Crest #122Condo$315,000$302,00013488
4462 Thunder Vista LnCondo$450,000$433,00018216
5726 Dogwood DrDetached$519,000$519,000266429
456 5th StCondo$650,000$656,50010923
5030 Centerwood StDetached$795,000$800,00023644
47 Tanglewood DrDetached$759,900$810,00029172
1451 Greentree CirDetached$1,249,000$1,175,000232816
13440 Knaus RdDetached$1,450,000$1,200,000381878
4105 Pfeifer CtDetached$1,425,000$1,425,00041760
475 8th StDetached$1,500,000$1,600,00027533
17625 Woodhurst PlDetached$1,648,000$1,643,000451314
455 Haven StDetached$1,999,900$1,899,900321196
13180 Thoma RdDetached$2,250,000$2,200,000552613
3188 Glenmorrie DrDetached$3,350,000$2,990,0005585195

Criteria:Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates
listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to
Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers
to single-family residences with some portion of the structure attached to another property, but
not constituting CONDO ownership. DOM stands for days on market, or the number of days
from when the listing became active and when it received an acceptable offer, with CDOM
standing for “cumulative days on market” accounting for “refreshed” listings

Portland Area March 2024 Stats + LO

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

Overview/Fluctuations ~ March 2024 Market Data:

Inventory indicates homeowners are still holding on to their properties, presumably waiting for some more pronounced indications of rates going down for their own purchases. And/but Buyers seem to have recognized that this is a temporary, albeit annoying situation wherein the strong economy is keeping the Fed from easing up just yet. Spring has sprung and we’re seeing most neighborhoods/areas inching up in demand and price…yet another reason Buyers are not waiting.

Rates: “Rates have pushed higher from persistent inflation. They are currently on the low 7% range.”         Gary Boyer, Regional VP, Directors Mortgage

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

  • There were 2,425 New Listings in March which is down 7.5% from 2,623 in March 2023 and up 16.3% from the 2,085 in the previous month/February.
  • At 1,578 March 2024’s Closed Sales (Solds) are down 9.6% from March 2023’s 1,745 and up 22.9% from the previous month’s total of 1,284.
  • At 2,138 March 2024’s Pending Sales (Accepted Offers) are up 2.8% from March 2023’s 2,079, and up 22.7% from the previous month/February’s total of 1,742.
  • The Average Sale Price for March 2024 of, $590,400 is up$5,900. from last year/March 2023’s $584,500, and up $13,500 from the p­­revious month/Feb’s $576,900. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in March 2024 of $535,000 is up $10,000 from March 2023’s $525,000, & up $5,000 from Feb’s $530,000  

LAKE OSWEGO: (Month of March ’24)

185 Active Listings (Feb 177)
147 New Listings  (Feb 123)
121 Pending Sales (Feb 91)
78 Closed Sales  (Feb 60)
Average Sale Price for March: $1,094,000 (Feb $1,018,400)
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.
85 Days on the Market   (Feb 77)

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

Market Activity ~ April 8-14, 2024

Last week Lake Oswego had 19 properties enter the market, 15 move to Pending status, and 17 that Closed/Sold. Right now there are 157 properties available ranging from $199,900 to $11,500,000.

Here is the breakdown:

NEW April 8-14, 2024

AddressList PriceBedsBathsSFProp Type
15494 BRIANNE CT$469,00022.11320ATTACHD
88 GREENRIDGE CT$525,000221314ATTACHD
4204 WOODSIDE CIR$560,000221308ATTACHD
15275 BOONES WAY$629,000221320ATTACHD
4295 WOODSIDE CIR$675,500322026ATTACHD
2703 ORCHARD HILL PL$745,000433292DETACHD
5749 WINDFIELD LOOP$749,000331873DETACHD
4490 LAKEVIEW BLVD$779,900321727DETACHD
2 ABELARD ST$898,00033.13026DETACHD
17007 WESTVIEW DR$1,050,000542649DETACHD
13660 SHIREVA DR$1,295,000432697DETACHD
13330 HIDDEN BAY CT$1,325,00042.13030DETACHD
5511 WESTFIELD CT$1,385,00042.14035DETACHD
4042 CANAL WOODS CT$1,500,00043.14302DETACHD
2020 RIDGEWOOD LN$1,550,00032.13082DETACHD
16827 SCOTT CT$1,550,00043.14225DETACHD
4464 LAKEVIEW BLVD$2,998,000343596DETACHD
15780 TWIN FIR RD$3,298,00044.14270DETACHD
16470 PHANTOM BLUFF CT$3,495,00044.15188DETACHD

PENDING April 8-14, 2024

AddressList PriceBedsBathsSFProp TypeDays
44 EAGLE CREST DR #38$250,00011798CONDO18
86 KINGSGATE RD #46$335,00022938CONDO3
16250 PACIFIC HWY #58$369,900221305CONDO17
14362 SHERBROOK PL$465,00021.11279ATTACHD184
5 PHEASANT$639,900321420DETACHD163
4295 WOODSIDE CIR$675,500322026ATTACHD2
31 PARTRIDGE LN$749,900433158DETACHD50
8 DEL PRADO ST$1,050,000533548DETACHD8
46 DA VINCI ST$1,195,000533378DETACHD4
13536 STREAMSIDE DR$1,249,00043.13002DETACHD4
818 ASH ST$1,250,000321500DETACHD66
16827 SCOTT CT$1,550,00043.14225DETACHD3
1687 VILLAGE PARK LN$1,599,000433362DETACHD3
17660 WAYSIDE LN$2,195,00055.15975DETACHD91
15780 TWIN FIR RD$3,298,00044.14270DETACHD3

SOLD April 8-14, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
4 TOUCHSTONE #107$319,999$285,00032.11351CONDO267
16250 PACIFIC HWY #57$384,000$359,000221305CONDO405
26 GREENRIDGE CT$497,000$420,00032.11996ATTACHD127
5052 FOOTHILLS DR, C$445,000$425,000321252CONDO43
10 CONDOLEA DR / Main$499,000$505,000221312CONDO9
16900 GASSNER LN$839,000$750,000433480DETACHD12
14 ICARUS LOOP$819,900$788,00032.13201DETACHD213
18150 BRYANT RD$824,900$820,000321468DETACHD26
14480 CAMDEN LN$940,000$899,00032.12069DETACHD41
4908 HASTINGS DR$950,000$930,00032.12109DETACHD7
24 AQUINAS ST$1,050,000$931,68032.13200DETACHD28
838 ASH ST$1,058,000$1,054,50042.12785DETACHD5
47 HILLSHIRE DR$1,550,000$1,418,00042.13324DETACHD187
17663 HILL WAY$1,799,900$1,739,900333375DETACHD482
12830 ALTO PARK RD$1,899,900$1,899,90043.13509DETACHD32
14050 GOODALL RD$2,450,000$2,250,00054.26943DETACHD9
1617 LAKE FRONT RD$4,898,000$4,700,00044.14610DETACHD226
Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings (***We’ve used “Days” in each category for ease of understanding) .

LO Sustainability Fair is Coming

Saturday, April 20th, otherwise known as Earth Day, Lake Oswego will be hosting it’s third annual Sustainability Fair.

The event will happen at Lakeridge Middle School, 4700 Jean Rd, from 10am to 1pm. A wide variety of resources will be available. Topics that will be covered include:

Learn about green homes, solar energy, emergency preparedness, gardening, sustainable landscaping, and recycling correctly.

Check out electric vehicles with EV ride-and-drive.

Drop off your electronic waste for recycling by Green Century Recycling.

Sign up for volunteer activities with local groups.

Participate in art and craft activities for kids.

Food tastings will be available to showcase our schools’ healthy and sustainable meal program.

Learn about sustainably-focused materials that can be checked out from the Lake Oswego Library.

Pick up a free native seedling for your yard.

Join S3G (Shifting Gears/Gifting Gear) to rehome sporting equipment to families that will enjoy it after your family has outgrown it.

Lots of great stuff will be going on! For more information, click here.

As always, thank you for reading the blotter,

Dianne

Market Activity April 1-7, 2024

Last week in Lake Oswego 22 properties came onto the market. 7 of those sold quickly and appear in this report as pending. 20 properties went pending and 9 home purchases closed/sold.

See below for RMLS data.

New on the Market April 1-7, 2024

AddressTypePriceBedroomsBathsSq Feet
13675 Johnson TerDetached$749,00042.53210
4 Northview CtAttached$769,00043.53080
848 6th StDetached$800,000211648
13342 Auburn CtAttached$829,00032.52492
18225 65th AveDetached$870,00052.52210
18949 Indian Creek AveDetached$879,90032.52177
1600 Aspen StDetached$965,000432212
3 TouchstoneDetached$1,000,00042.52779
16 Grouse TerDetached$1,505,00032.52627
8 Del Prado StDetached$1,050,000533548
17994 Saint Clair DrDetached$1,250,00042.53891
23 Hillshire DrDetached$1,775,00033.54360
3989 Westbay RdDetached$2,895,00043.53222
1032 Westward Ho RdDetached$3,250,00043.54277
2430 Summit CtDetached$3,800,000333035

Pending April 1-7, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
334 CervantesCondo$235,000218324
6882 Montauk CirCondo$284,500219243
50 CervantesCondo$319,00021.513992
238 Ridgeway Rd 16CCondo$350,0002191422
3942 Carman DrCondo$454,50032.5132648
1386 Boca Ratan DrAttached$635,00032.5173942
456 5th StCondo$650,00021.510923
2001 Bonniebrae DrAttached$665,00032.5173923
6239 Edgewood StDetached$679,0003214344
5097 Rosewood StDetached$725,00042.5192035
14100 Knaus RdDetached$849,00032.5284926
18230 Westminster DrDetached$915,00033328213
2912 Orchard Hill PlDetached$990,0005435722
5514 Bay Creek DrDetached$1,065,00042.529181
15449 Partridge DrDetached$1,098,00042.528853
1550 Quarry RdDetached$1,100,000432714259
4098 Preifer CtDetached$1,299,00053.532603
940 Capilano CtDetached$1,675,0005434544
2066 Glenmorrie DrDetached$2,100,00044.54978143
1012 Lake Front RdDetached$3,299,90044.5473591

Sold/Closed April 1-7, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
4000 Carman Dr #7Condo$310,000$295,0008666
580 S State StCondo$479,000$335,000959220
1941 Green Acres LnDetached$855,000$775,0002459220
13819 Provencial Hill DrDetached$925,000$961,00020966
14257 Edenberry DrDetached$1,295,000$1,159,020334717
18255 Tamaway DrDetached$1,357,000$1,300,00034576
1131 Devon LnDetached$1,275,000$1,305,00036972
5404 Denton DrDetached$1,495,000$1,525,00031223
14353 Fosberg RdDetached$2,250,000$2,175,00045432

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

Fun Markets in Lake Oswego

Night Market on Sat & More!

Every Saturday in lake Oswego we get to enjoy the Farmers Market at Millennium Plaza Park CLICK HERE FOR MORE INFO and we have a couple more “Special” markets happening this week in Lake Oswego too! One is the First Sunday Market in Lake Grove CLICK HERE FOR MORE INFO ***AND*** a special event tonight/Saturday at Elephants Delicatessen with local artisans and all manner of food & fun: Night Market!!! CLICK HERE FOR MORE INFO .

Photo by: Elina Fairytale

Market Activity ~ March 25-31, 2024

Last week Lake Oswego had 16 Properties enter the market (New), 20 move to Pending/Accepted Offer status, and 21 that Sold/Closed. Right now there are 148 properties available in Lake Oswego ranging from $199,900 to $11,500, 000.

Here is the breakdown according to RMLS:

NEW March 25-31, 2024

AddressList PriceBedsBathsSFProp Type
44 EAGLE CREST DR, #38$250,00011798CONDO
141 Oswego Summit / Upper$315,000221140CONDO
50 CERVANTES CIR$319,00021.11399CONDO
15240 BOONES WAY / Main$445,000221180CONDO
15486 BRIANNE CT$459,00022.11284CONDO
16200 PACIFIC HWY, #2$499,900221190CONDO
456 5TH ST$650,00021.11092CONDO
6239 EDGEWOOD ST$679,000321434DETACHD
30 MORNINGVIEW CIR$750,000332276DETACHD
16855 FERNWOOD DR$899,000432735DETACHD
17867 SUNDOWN CT$995,00033.12763DETACHD
1530 LARCH ST$1,039,000432384DETACHD
62 Touchstone$1,289,000533972DETACHD
214 NORTHSHORE RD$1,599,900331978DETACHD
4992 PARK BLUFF PL$2,200,00043.24023DETACHD
3096 WEMBLEY PARK RD$2,395,000544165DETACHD

PENDING March 25-31, 2024

AddressList PriceBedsBathsSFProp TypeDays
100 KERR PKWY, #41$225,00021.1822CONDO26
45 EAGLE CREST DR, #207$250,00021.11056CONDO
512 S STATE ST, #512$315,00011829CONDO16
15486 BRIANNE CT$459,00022.11284CONDO3
10 CONDOLEA DR / Main$499,000221312CONDO9
5726 SW DOGWOOD DR$519,000312664DETACHD29
30 WHEATHERSTONE$525,00032.11692CONDO22
30 MORNINGVIEW CIR$750,000332276DETACHD0
18150 BRYANT RD$824,900321468DETACHD26
17558 BRYANT RD$825,00042.12172DETACHD50
6236 SW WAYZATA CT$900,00042.12127DETACHD10
4407 OAKRIDGE RD$939,00032.12265ATTACHD10
1530 LARCH ST$1,039,000432384DETACHD2
14674 RAINBOW DR$1,295,000433190DETACHD11
2316 OAKHURST LN$1,350,00042.13639DETACHD9
16368 LAKE FOREST BLVD$1,399,00042.12750DETACHD27
13180 THOMA RD$2,150,00054.15526DETACHD13
4992 PARK BLUFF PL$2,200,00043.24023DETACHD0
17331 CANYON DR$2,295,000443795DETACHD53
3145 Douglas CIR$3,299,90044.14735DETACHD42

SOLD March 25-31, 2024

AddressOpeningClosed/SoldBedsBathsSFProp TypeDays
5054 FOOTHILLS DR, H$400,000$330,000321252CONDO249
200 BURNHAM RD, #306$359,000$339,000211199CONDO654
4516 LOWER DR, B4$575,000$575,00032.11997CONDO297
3485 DEVONSHIRE DR$624,950$600,000321556ATTACHD17
4736 AMHERST CT$834,900$710,00032.12929ATTACHD12
3930 SOUTHSHORE BLVD$725,000$750,000423526DETACHD1052
17 SPINOSA$750,000$760,000323123DETACHD1
121 WILBUR ST$749,900$765,000321631CONDO4
16084 WHITE OAKS DR$975,000$938,00042.12226DETACHD4
3814 RIVERS EDGE DR$1,000,000$950,00042.12937DETACHD12
304 6TH ST$1,000,000$975,000321691DETACHD23
18 MONTICELLO DR$985,000$981,000634626DETACHD19
13265 FOX RUN$1,089,000$1,089,00042.12614DETACHD3
15119 QUARRY RD$1,198,000$1,100,000322106DETACHD2
322 2ND ST$1,215,000$1,205,00033.11974ATTACHD190
3721 UPPER DR$1,995,000$1,450,00042.13249DETACHD7
1420 MORNING SKY CT$1,529,900$1,530,00043.13613DETACHD32
2679 GLEN EAGLES RD$2,147,000$2,147,00044.14709DETACHD4
4243 UPPER DR$2,249,900$2,175,000443361DETACHD35
3070 WEMBLEY PARK RD$2,395,000$2,272,00043.14032DETACHD8
755 ELLIS AVE$3,587,000$3,350,00054.14966DETACHD42
Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings (***We’ve used “Days” in each category for ease of understanding) .

Hello Spring!

Lake Oswego truly is a beautiful place in the springtime.

It felt like winter hung on until exactly the first day of spring and then, bang! Spring burst forth. So many flowering trees, daffodils and tulip.

To me, spring speaks of optimism and rebirth. It is a reward for hard work and persevering. These photos are from my walk yesterday.

I honestly love every season: even the cold and shortened daylight of winter. Yet, spring has something special going for it. I hope that today you are able to enjoy some fresh air and to see the beauty and splendor that is all around us.

Dianne

Market Activity March 18-24, 2024

Last week in Lake Oswego we had 15 new listings come onto the market. Of those, 2 sold quickly and appear in this report as pending sales. We had 12 properties accept offers and move to pending status, and we had 10 closed sales.

See below for RMLS data.

New on the Market March 18-24, 2024

AddressTypePriceBedroomsBathsSq Feet
15215 Boones WayAttached$579,90032.51686
127 Ash StDetached$824,90052.53211
668 McVey Ave #8Condo$835,00031.5992
19230 Redwing CtDetached$899,90042.51842
6236 Wayzata CtDetached$900,00042.52127
18230 Westminster DrDetached$915,000333282
5625 Ridgetop CtDetached$1,050,00042.42743
17720 Overlook CirDetached$1,085,00042.53324
2316 Oakhurst LnDetached$1,350,00042.53639
2370 Palisades Crest DrDetached$1,600,00043.54249
729 3rd StDetached$1,750,000332748
16337 Chapin WayDetached$2,600,00044.55115
13068 Knaus RdDetached$2,698,00055.5+.5+.56512

Pending Sales March 18-24, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
4000 Carman Dr #7Condo$310,000228666
47 Tanglewood DrDetached$759,90043.529172
16900 Gassner LnDetached$839,00043348012
5222 Rosewood StDetached$850,00032.524145
14480 Camden LnDetached$899,00032.5206941
2 Da Vinci StDetached$975,00052.524223
18 Monticello DrDetached$985,0006346263
838 Ash StDetached$1,058,00042.527855
14143 Taylors Crest LnDetached$1,259,0004334533
47 Hillshire DrDetached$1,450,00042.53324187
16850 Cortez CtDetached$1,950,00054371914
2101 Wembley Park RdDetached$3,100,00054.5501628

Sold/Closed March 18-24, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
5498 Tree StDetached$525,000$525,00010143
156 Ridgeway RdCondo$549,000$532,64320018
1053 Yates StDetached$1,075,000$1,130,00025982
5406 Langford LnDetached$1,279,000$1,289,000341524
2107 Goodall CtDetached$1,495,000$1,400,000302912
13571 Westlake DrDetached$1,625,000$1,600,000407916
18000 Sarah Hill LnDetached$1,949,000$1,643,1783085791
2711 Greentree RdDetached$1,749,000$1,735,000331548
18187 Siena DrDetached$1,850,000$1,860,00039084
17485 Cardinal DrDetached$2,590,000$2,635,00033074

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.

Meetings in Lake Oswego

Lake Oswego makes itself available in terms of opening up to visitors in meetings of all kinds in it’s community approach to tackling the issues that are important to us all. There is so much going on in Lake Oswego and in our own lives that sometimes it’s hard to keep up! Never fear~ If you are interested in a particular issue and are not able to attend a meeting, or want to attend any number of virtual meetings, you can always check in online, or watch it later on repeat in the comfort of your own home. Here’s the Link! CLICK HERE