Market Activity Report July 19-25, 2021

There is a lot of speculation amung Realtors that the market may be starting to slow down just a bit. The last time I did this report, I was speculating that myself. With this weeks report I have to say that it is not happening, at least not right now.

Lake week in Lake Oswego there were 14 new listings, 27 properties that went into pending status, and 26 sold/closed properties. The market is still favoring sellers with most properties selling quickly at or above the list price.

See below for RMLS details.

New on the Market July 19-25, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #66Condo$205,00032.51351
100 Kerr Pkwy #43Condo$214,90022823
44 Eagle Crest Dr #20Condo$230,00021908
5058 Foothills Dr ACondo$420,000321252
17500 Pilkington RdDetached$460,000211050
4939 Hampton CtDetached$919,90052.52971
17151 Wall StDetached$1,150,000644141
17543 Lake Haven DrDetached$1,185,00042.52333
503 Laurel StDetached$1,550,00043.52917
2167 Wembley Park RdDetached$1,750,00043.54015
855 G AveDetached$2,000,00032.53710
1889 Highlands LoopDetached$5,499,00056.56832
3328 Lakeview BlvdDetached$6,398,00045.56675
16767 Graef CircleDetached$3,499,00044.54222

Pending Sales July 19-25, 2021

AddressTypePriceBRBathsSq FtCDOM
200 CervantesCondo$289,00031.5113811
200 Burnham Rd #305Condo$340,0002213051
43 Greenridge CtAttached$399,90031.5+.5165265
4222 Woodside DrAttached$450,0003215785
1509 Bonniebrae DrAttached$482,90032.517396
1672 Lake Front RdDetached$650,0003217685
16901 Lakeridge DrDetached$729,0004320803
49 Da Vinci StDetached$739,00032235112
5895 Suncreek DrDetached$749,0004223795
18260 Indian Creek DrDetached$759,00032208211
17268 Fernwood DrDetached$765,00032.5208658
18571 Waxwing WayDetached$810,00042.5208119
1430 Larch StDetached$815,0003313127
17730 Marylbrook DrDetached$850,00032.5295114
7 Mountain View LnDetached$850,00052.5332448
17 Westridge DrDetached$875,00043.5+.5353311
125 Furnace StCondo$995,00022.519274
4222 Cobb WayDetached$1,089,00043224315
13207 Deerfield CtDetached$1,175,00043.5380135
12817 Adrian CtDetached$1,298,00042.531323
2805 Southshore BlvdDetached$1,300,00022.526233
4723 Lamont WayDetached$1,400,00043.530585
1978 Egan WayDetached$1,998,00045.5+.5676164
1334 Maple StDetached$2,100,00043.536606
18000 Eastridge LnDetached$2,495,00044.556106
17575 S Crestline DrDetached$2,995,00054.5+.5749648
1226 Northshore RdDetached$6,499,00045.5633045

Sold/Closed July 19-25, 2021

AddressTypeList PriceSold PriceSq FtCDOM
16250 Pacific Hwy #48Condo$345,000$343,50013065
1600 Boca Ratan DrAttached$390,775$390,7759980
15438 Stephanie CtAttached$469,980$470,00016276
5221 Tualata LnDetached$550,000$588,05014914
1033 Obrien StDetached$600,000$608,00014162
5357 Lakeview BlvdDetached$649,900$640,00018944
4124 Harvey WayDetached$649,900$649,900141022
9 Falstaff StDetached$759,000$705,000243651
13431 Vermeer DrDetached$750,000$790,00027017
1588 Cherry LnDetached$749,900$803,00020013
5760 Meridian CtDetached$850,000$880,0002,5045
15518 Heritage CtDetached$820,000$950,00028854
17904 Cardinal PlDetached$949,000$950,00018405
5697 Charles CircleDetached$950,000$967,00032684
16972 Greentree AveDetached$1,100,000$1,100,000281213
1255 Bickner StDetached$1,235,000$1,205,000276494
17911 Hillside DrDetached$1,200,000$1,208,30436355
15136 Glen Eagles CtDetached$1,200,000$1,235,00026074
14511 Pfeifer DrDetached$1,250,000$1,375,00034226
4390 Sunset DrDetached$1,399,000$1,427,00030351
16200 Waluga DrDetached$1,450,000$1,550,00033754
3140 Douglas CircleDetached$1,799,971$1,744,00043335
149 Furnace St #25Condo$1,795,000$1,785,00039546
3250 Upper DrDetached$1,875,000$1,950,00040581
168 Pine Valley RdDetached$1,995,000$2,100,00049067
13700 Fielding RdDetached$4,996,000$4,998,00058023

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.

The Gnomes are Back!

I had a great walk this morning that began and ended at Foothills Park. As I started out I came across this sign.

The sign itself is pretty informative. As it explains, the City of LO is putting 3 gnomes, Blossom, Greenie, and Oak, into 3 different parks. They will be moved each month between April and October to 3 new parks. The idea is to find them every month in order to explore the 21 Natural areas that the City maintains.

When you find a gnome, take a selfie and post it to social media using the hashtag #LOparksgnomes. Each time you post a selfie your name will be put into a drawing. In October a lucky winner will receive their very own gnome.

Finding the gnomes is a great incentive to get out and enjoy the fresh air, which is certainly one purpose for the gnomes. Another great purpose for this activity is to educate the citizens of Lake Oswego about the Stewardship Program that is run by the City Parks and Recreation Department. The Stewardship Program organizes events for volunteers to help with the cleaning and maintenance of the natural areas. Its a fun way to give back to the community, and to meet other great citizens.

In May the gnomes can be found in these 3 natural areas: Lamont Springs, Bryant Woods, and Woodmont. For a map of the gnomes parks for the month, and more information about the Stewardship Program, click here.

Happy gnome hunting!

Dianne

News & Notes

Dianne and I wish you the VERY BEST as we feel the seasons start to change.  Enjoy all of it… every little bit!

Here are some Market Notes for you~

According to the RMLS Market Action Report for August 2011, the combined area of Lake Oswego and West Linn  reported:

  • 809 Active Listings
  • 160 New Listings
  • 106 Pending Sales
  • 114 Closed Sales
  • An average Sale Price of $449,200.
  • Average Time on the Market: 167 Days

News & Notes

  • September 11th Memorial – The city will be holding a Memorial at Millennium Plaza Park on Sunday, September 11th from 1 – 2PM.  Fire and police personnel will recite all the names of all the public safety people who perished that day.  Fire stations will all set off tones at the precise moment the towers fell 10 years ago as well.  This is a time of remembrance and respect as the city offers a way for citizens to join together and participate.
  • “Organically Grown in Oregon” Week – Luscher Farms will be holding an Open House on Saturday, September 17th from 10AM – 3PM.  There will be a Tilth plant sale, kids activities, tours, free demos and organic treats!  This is an opportunity to visit with farmers from the Community Supported Agriculture program and to hear from Tilth experts.  Check out the chickens, the tractor and the Children’s Garden!
  • The Mayor’s First Annual Community Bike Ride – The new Chief of Police, Don Johnson and Mayor Hoffman will take families on a 12-mile ride around Lake Oswego Sunday, September 18th.  They promise to show participants a new perspective on the city.  Sounds like fun!  Click HERE for more info.
  • Why Do You Attend the Lake Oswego Farmers Market? – How does the market impact your life?  Click HERE to join in the conversation and read others’ comments.

According to the RMLS Market Action Report for July 2011, the combined area of Lake Oswego and West Linn  reported:

  • 870 Active Listings
  • 173 New Listings
  • 109 Pending Sales
  • 94 Closed Sales
  • An average Sale Price of $494,000.
  • Average Time on the Market: 149 Days

Market Activity for Aug 29 to Sept 4, 2011

Even with the Labor Day weekend last week, Lake Oswego saw quite a bit of real estate activity. 15 new listings came onto the market, 14 houses went pending, and 20 houses became closed sales. The high volume of closed sales versus new listings is likely a reflection of people wanting to move in before the start of the school year.

Also interesting, to me, was the percentage of the activity that was condos and attached homes. Condos and attached homes were 33% of the new listings, 57% of the pending sales, and 45% of the closed sales.

Last, I have to point out the 2 closed sales at $1,400,000 and $1,422,500 that sold in just 51 days and 2 days.

These are some rather positive numbers.

See below for further details:

NEWLY LISTED (August 28 to September 4, 2011)

Address Type Price Sq FT BR Baths
47 Eagle Crest Dr #26 Condo $74,900 932 2 1
3 Oswego Summit #3 Condo $124,900 1212 2 2
19221 Redwing Ct Detached $329,500 1374 3 2
4946 Mulholland Dr Attached $389,900 2584 3 2.5
1238 Hemlock St Detached $399,900 1548 3 2
510 2nd St Condo $410,000 1520 2 2.5
4725 Cambridge Ct Attached $425,000 3056 2 2.5
5842 Meadowcreek Ct Detached $449,900 2309 3 2.5
5686 Charles Circle Detached $499,900 3246 4 3
33 Westridge Dr Detached $538,000 3864 5 3.5
1278 Hida A Way Ln Detached $549,000 2632 4 2.5
13354 Twin Creek Ln Detached 579,000 3134 5 2.5
18175 Pilkington Rd Detached $635,000 3164 4 3.5
1495 Woodland Terr Detached $725,000 3960 4 2.5
18202 Bella Terra Dr Detached $1,145,000 3863 4 3.5

PENDING SALES (August 29 to September 4, 2011, 2011)

Address Type Price Sq Ft BR Baths CDOM
12 Crestfield Ct Condo $48,100 552 1 1 50
47 Eagle Crest Dr #3 Condo $56,000 932 2 1 491
58 Galen St Condo $70,000 689 1 1 375
169 Oswego Summit Condo $89,900 1383 2 2 486
215 Cervantes Condo $134,999 1100 2 2 44
23 Wheatherstone Attached $135,000 1692 3 2.5 32
3924 Carman Dr Attached $145,000 1139 2 2.5 363
16443 Inverurie Rd Detached $180,000 1480 4 2 5
191 Oswego Summit #191 Condo $189,000 1506 2 2 115
16546 Bonaire Ave Detached $219,900 1064 3 1 5
1510 Spruce St Detached $269,000 1242 3 2 47
4405 Oakridge Rd Lot 20 Attached $410,160 2004 3 2.5 0
3811 Childs Rd Detached $417,000 2006 3 2.5 101
19330 Riverwood Ln Detached $618,900 3367 4 3.5 0

SOLD (August 29 to September 4, 2011, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
47 Eagle Crest Dr #48 $89,500 $47,900 Condo 696 351
4000 Carmen Dr #101 $119,000 $112,000 Condo 869 5
5225 Jean Rd #307 $165,000 $140,000 Condo 1100 210
5061 Foothills Dr G $199,000 $163,000 Condo 991 272
4316 Botticelli St $209,000 $167,000 Condo 2098 114
4322 Botticelli St $315,000 $230,000 Condo 2043 440
55 Northshore Rd #7 $500,000 $267,500 Condo 1478 1193
5368 Tree St $269,000 $279,000 Detached 1850 121
880 Boca Ratan Dr $399,900 $280,000 Detached 2364 281
2089 Glenmorrie Dr $425,000 $329,500 Detached 1551 412
16 Grouse Terr $395,000 $378,000 Detached 2532 11
4958 Bilford Ln $379,900 $386,000 Detached 1968 3
1677 Laurel St $425,000 $420,000 Detached 2445 117
173 Furnace St $619,900 $505,000 Condo 2220 334
17911 Hillside Dr $569,000 $550,000 Detached 3330 11
554 5th St $699,000 $625,000 Attached 2166 177
4155 Canal Rd $850,000 $750,000 Detached 3736 56
3168 Douglas Circle $899,900 $899,900 Detached 4331 0
17860 Crestline Dr $1,475,000 $1,400,000 Detached 6810 51
17313 Blue Heron Rd $1,495,000 $1,422,500 Detached 3480 2

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