Market Activity Oct 11-17, 2021

We are now at the peak of the fall colors. Man, it is gorgeous! I so love living in the Pacific Northwest.

Lake week in Lake Oswego the market brought us 9 new listings, 23 pending sales, and 17 sold/closed properties. Look at the market times for the pending sales. Of 23 pending sales, 15 sold in less than a week. We are still in a hot real estate market. Sellers are king and it remains a great time to sell your house.

See below for RMLS data

New on the Market Oct 11-17, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #78Condo$224,999321351
358 Cervantes CircleCondo$234,90021.5912
4610 Lower DrCondo$325,00021.51260
4301 Lakeview BlvdDetached$635,000321223
6317 Carman DrDetached$650,00031.51344
15450 Partridge DrDetached$800,00032.52624
13280 Sandalwood CtDetached$1,050,000433080
1844 Oak Knoll CtDetached$1,200,00032.53028
4305 Upper DrDetached$1,525,00042.53483

Pending Sales Oct 11-17, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #137Condo$208,500229844
47 Eagle Crest DR #86Condo$209,0001169616
350 Cervantes Circle 1 ECondo$259,90021.591210
86 Kingsgate Rd A 101Condo$265,000228497
3433 McNary Pkwy #804Condo$329,00022.511363
15330 Twin Fir RdDetached$477,0003211293
29 Greenridge CtCondo$575,0003216271
7 Saint Helens CircleDetached$599,0002212752
5944 Burma RdDetached$629,0003214094
5480 Siletz CtDetached$749,9003214902
15449 Partridge DrDetached$824,90042.528172
18 TouchstoneDetached$998,60054.543783
3000 Upper DrDetached$1,000,0003328514
16645 Fir LnDetached$1,100,00042.530666
1293 Timberline DrDetached$1,249,00033294625
3973 Childs RdDetached$1,250,00033.538612
14322 Edenberry DrDetached$1,295,00042.5326231
860 Skyland DrDetached$1,299,0004335274
2630 Rivendell RdDetached$1,399,00043.5461210
1839 Palisades Lake CtDetached$1,499,00043.545702
456 Lake Bay CtDetached$1,499,00043,545702
792 2nd StDetached$1,650,0004327868
1051 Forest Meadows WayDetached$4,149,00066.5559763

Sold/Closed Oct 11-17, 2021

AddressTypeList PriceSold PriceSq FtCDOM
100 Kerr Pkwy #11Condo$169,000$169,0006172
79 Oswego SummitCondo$239,000$239,0001,2122
16351 Pacific HwyDetached$485,000$524,00017422
6195 Harrington AveDetached$525,000$539,20215983
825 Oak StDetached$595,000$640,00013354
26 Preakness CtAttached$663,000$646,263165413
1682 Fircrest DrDetached$699,900$699,90023044
4954 Mulholland DrAttached$719,900$705,00024984
4085 Buck Brush LnDetached$729,000$729,00024897
20 Da Vinci StDetached$799,900$920,00030891
658 Boca Ratan DrDetached$967,000$925,0003,59312
2936 SW Orchard Hill PlDetached$998,000$979,000408961
5590 Luce LnDetached$995,000$1,0103530242
546 Weidman CtDetached$990,000$1,025,00034455
15776 Inverurie RdDetached$1,095,000$1,175,000235274
5349 Carman Grove LnDetached$1,298,000$1,250,000290322
2351 Palisades Crest DrDetached$1,500,000$1,800,00045306

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 ~ Sept 2021 Numbers

Overview/Fluctuations ~  Market Data Sept 2021:                                                                                           

Again this last month we’re seeing a cooling indicative of Fall, with Buyer Activity slowed a bit and/but conversely, Seller activity (Listings) increasing. It’ll be interesting to see October’s activity as Fall is one of the best times to buy a property in Portland, especially given the competitive landscape this year. We’ll find out if Buyers come out for the opportunity it presents. Market time remains pretty much the same at 24 days. We also see another slight increase in inventory looking pretty steady during these last few months. Appreciation remains remarkable.

Rates: “With increased inflation pressures, rates have moved higher to roughly 3.25% currently.  We are likely to continue to see rates moving higher in the coming months.”   Gary Boyer, Regional VP, Directors Mortgage                                                                                                                              

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

  • There were 3,760 New Listings in Sept 2021 up 15.2% from Sept 2020’s 3,264 and also up 1.7% from the previous month/August’s 3,698.
  • At 3,167, Sept 2021’s Closed Sales are down 2.6% from Sept 2020’s 3,251, and also down 1.6% from the previous month/August’s total of 3,219
  • At 3,170, Sept 2021’s Pending Sales increased 0.6% from Sept 2020’s 3,152, and decreased 10.3% from the previous month/August’s total of 3,535.
  • The Average Sale Price in Sept 2021 of $571,500 is up $61,500 from last year/Sept 2020’s $510,000, and down $12,100. from the previous month/August’s $583,600.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Sept 2021 of $510,000 rose $59,000 from last year/Sept 2020’s $451,000, and was down $15,000 from the previous month/August’s $525,000.

LAKE OSWEGO:

154 Active Listings (Aug 161)
178 New Listings    (Aug 168)
170 Pending Sales (Aug 163)
168 Closed Sales    (Aug 171)
Average Sale Price for Sept: $975,700 (Aug $878,600)
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.
 27 Days on the Market   (Aug 23)

Market Activity ~ Oct 4-10, 2021

This last week in Lake Oswego there were 9 New homes entering the market, 24 moving to Pending status (accepted Offers), and 19 that Closed/Sold.

Right now there are 81 fantastic properties to suit all kinds of tastes, price ranges & requirements available in Lake Oswego!

Here is the latest breakdown according to RMLS:

NEW: Oct 4-10, 2021

AddressList Price# Beds# BathsTotal SFProp Type
4 TOUCHSTONE  #137$208,50022984CONDO
86 KINGSGATE RD,  A101$265,00022849CONDO
17555 ERIN CT$969,000433156DETACHD
16645 FIR LN$1,100,00042.13066DETACHD
2630 RIVENDELL RD$1,399,00043.14612DETACHD
611 RIDGEWAY RD$1,995,00045.14463DETACHD
4480 UPPER DR$2,000,00043.13497DETACHD
767 10TH ST$2,100,00044.13900DETACHD
16767 GRAEF CIR$2,950,00044.14222DETACHD

PENDING Oct 4-10, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
100 KERR PKWY  #38$185,00011628CONDO22
29 CRESTFIELD CT / Grnd$239,90022989CONDO357
15938 QUARRY RD, 3A$259,90021988CONDO4
5225 JEAN RD  #203$359,900321400CONDO117
4101 JEFFERSON PKWY / Upper$369,50022.11375CONDO11
3101 MCNARY PKWY  #6$395,00032.11884ATTACHD25
14 WHEATHERSTONE  #7$449,90032.11692CONDO2
750 1ST ST, A10$465,000221350CONDO117
5077 W SUNSET DR$500,00022.11720ATTACHD4
1386 BOCA RATAN DR$524,90032.11739ATTACHD4
12572 BOONES FERRY RD$525,000421577DETACHD138
6 ADAMS CT$539,900321571DETACHD2
2515 GREENTREE RD$735,000422300DETACHD3
1704 MEADOWS DR$750,000331956DETACHD4
1631 ASH ST$750,00042.12227DETACHD3
4705 LAKEVIEW BLVD$875,00032.12700DETACHD9
14867 TWIN FIR CT$899,00063.13625DETACHD5
603 ATWATER RD$899,90053.13430DETACHD73
2915 DELLWOOD DR$899,90042.23690DETACHD8
5598 LUCE LN$979,000433432DETACHD40
6413 MCDUFF CT$1,050,00032.13091DETACHD37
18365 SW 65TH AVE$1,290,000543331DETACHD22
1776 OAK ST$1,290,00043.14012DETACHD89
3411 LAKE GROVE AVE$1,599,00043.14434DETACHD47

SOLD Oct 4-10, 2021

AddressOpeningClosedBedsBathsSFProp TypeDays
100 KERR PKWY  #31 $      185,000 $     185,00011617CONDO5
200 BURNHAM RD  #402 $      355,000 $     360,000221305CONDO10
5101 JEAN RD $      475,000 $     459,938311012DETACHD5
16417 LAKE FOREST BLVD $      540,000 $     540,000211066DETACHD12
17830 SW TUALATA AVE $      595,000 $     587,000321373DETACHD30
17902 TAMARA AVE $      569,900 $     605,000422082DETACHD59
8 BOLIVAR ST $      640,000 $     640,000222149DETACHD3
16624 ROOSEVELT AVE $      699,900 $     661,000322802DETACHD15
14 PREAKNESS CT $      669,000 $     680,00022.12190ATTACHD6
5911 SW CARMAN DR $      695,800 $     700,000321400DETACHD10
1880 FERNWOOD DR $      875,000 $     875,00053.13049DETACHD65
16033 REESE RD $      849,900 $     951,00042.12810DETACHD5
920 YORK RD $      985,000 $ 1,043,925432026DETACHD2
1161 SUNNINGDALE RD $      950,000 $ 1,060,00032.12378DETACHD3
1687 VILLAGE PARK LN $  1,500,000 $ 1,350,000433362DETACHD74
127 FURNACE ST / Upper $  1,375,000 $ 1,375,00022.12016CONDO0
14500 UPLANDS DR $  2,495,000 $ 2,225,00054.25544DETACHD74
1075 CHANDLER RD $  2,799,000 $ 2,700,00054.15710DETACHD113
259 PINE VALLEY RD $  4,000,000 $ 4,000,00044.14640DETACHD0

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 Sept 20-Oct 3, 2021

This weeks Market Activity Report is a combinaion of the week of September 20-26 and the week of September 27-October 3. Lots of houses in this report! We had 18 new listings, 41 properties that went into pending status, and 50 sold/closed transactions.

See below of RMLS data.l

New on the Market Sept 20-Oct 3, 2021

AddressTypePriceBRBathsSq Ft
350 Cervantes Circle 1ECondo$259,90025912
86 Kingsgate Rd E103Condo$355,00022924
16989 Tualatin StDetached$690,00032.51491
115 Touchstone TerrAttached$709,00043.52560
74 Condolea WayCondo$725,000332965
4322 Collins WayDetached$779,900532112
4939 Hampton CtDetached$895,00052.52971
2915 Dellwood DrDetached$899,90042.5+.53690
16164 Parker Rd #2Detached$1,098,00032.52091
3211 Westview CtDetached$1,150,00043.53325
1293 Timberline DrDetached$1,249,000332946
2600 Dellwood DrDetached$1,600,000433690
1155 Crestline CtDetached$2,195,00054.57438
19155 Bryant RdDetached$2,275,00033.53371
2493 Southshore BlvdDetached$3,699,00065.56524
13800 Goodall Rd Lot 1Detached$3,800,00053.5
13800 Goodall Rd Lot 2Detached$4,000,00053.5
13800 Goodall Rd Lot 3Detached$3,800,000-$4750,00053.5

Pending sales Sept 20-Oct 3, 2021

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy #11Condo$169,000116172
100 Kerr Pkwy #2Condo$199,0002282213
108 Oswego SummitCondo$199,9001176445
47 Eagle Crest Dr #48Condo$200,000116964
316 Cervantes Circle #316Condo$220,0002183213
47 Eagle Crest Dr #56Condo$240,0003110315
44 Eagle Crest Dr #9Condo$255,0002190835
218 Ridgeway RdCondo$350,000219144
239 CervantesCondo$375,00022110048
16417 Lake Forest BlvdDetached$540,0002190835
18840 65th AveDetached$549,00032.516345
68 Weatherstone CtCondo$549,90043.5246519
1706 Boca Ratan DrAttached$568,95032.517392
20 Aquinas StDetached$649,90042.5183815
18867 Arrowwood AveDetached$659,9003214886
26 Preakness CtAttached$663,00021.5165413
4970 Mulholland DrAttached$699,00032.524983
16624 Roosevelt AveDetached$699,90032280215
14425 Holly Springs RdCondo$718,000532238108
4450 Chapman WayDetached$726,00043226215
4377 Chapman WayDetached$729,00043.529506
4848 Lower DrDetached$775,00043253127
4830 Dawn StDetached$825,0005330905
102 Garibaldi StDetached$849,00043.537247
5923 Bay Point DrDetached$899,90053318742
654 1st StCondo$979,90022.521404
546 Weidman CtDetached$990,0005334455
5532 Bay Creek DrDetached$995,00042.528693
3001 Southshore BlvdDetached$1,098,00032.5320155
14527 Pfeifer WayDetached$1,250,00043.5380314
14335 Edenberry DrDetached$1,375,00042.535947
118 Cornell CtDetached$1,399,90054.546634
3334 Upper DrDetached$1,499,00043.535888
1839 Pallisades Lake CtDetached$1,499,00043.5457023
2351 Palisades Crest DrDetached$1,500,00053.545306
18820 Green Bluff DrDetached$1,599,00044.556436
791 Briercliff LnDetached$1,599,00032.522325
3330 Cedar CtDetached$1,649,00043.5446712
13598 Goodall RdDetached$1,779,00044.5+.5357364
19379 Riverwood LnDetached$1,799,000544584125
420 Ridgeway RdDetached$4,250,000443505109

Sold/Closed Sept 20-Oct 3, 2021

AddressTypeList PriceSold PriceSq FtCDOM
100 Kerr Pkwy #43 Condo$214,900$222,50082341
4 Touchstone #157Condo$224,900$235,00098417
4 Touchstone #103Condo$230,000$235,00013511
3433 McNary Pkwy #211Condo$255,000$271,48010082
36 Crestfield CtCondo$295,000$272,35192148
4000 Carman Dr E70 Condo$299,900$301,0009743
422 S State StCondo$324,997$310,000165947
3886 Botticelli StCondo$315,000$315,000113220
4652 Lower DrCondo$350,000$370,00011704
162 Oswego SummitCondo$419,950$386,000150648
4 Condolea DrCondo$439,000$445,0001,3125
4528 Lower DrCondo$525,000$525,0001786$9
16691 Bonaire AveDetached$499,000$590,00011103
18431 Indian Creek DrDetached$660,000$615,000173617
12363 Clara LnDetached$699,999$650,00013903
5795 Langford LnDetached$659,000$659,00016870
211 Greenwood RdDetached$660,000$675,00014665
1959 Wembley PlDetached$719,900$685,0002128103
2697 Lookout CtDetached$720,000$700,000221929
680 TippecanoeDetached$719,900$720,00019005
3065 Royce WayDetached$825,000$726,000272646
1405 Greentree CircleDetached$775,000$775,000214623
15580 Partridge DrDetached$780,000$780,000224535
18571 Waxwing WayDetached$779,000$785,000208155
15509 Partridge DrDetached$789,900$810,00022993
759 Timberline DrDetached$825,000$812,50019285
559 2nd St 3206Condo$820,000$825,00014124
15964 White Oaks DrDetached$949,900$895,000301516
15 El Greco StDetached$949,000$949,000332824
19431 Kokanee CtDetached$849,900$950,00022144
17994 Saint Clair DrDetached$900,000$975,10039163
5316 Childs RdDetached$1,077,700$1,000,0003847318
24 Westridge DrDetached$949,900$1,007,00031004
18430 Pilkington RdDetached$1,175,000$1,085,000302177
4261 Cobb WayDetached$1,089,000$1,100,00023621
4317 Upper DrDetached$1,195,000$1,150,0003145109
1547 Pine StDetached$1,125,000$1,161,61528780
13536 Streamside DrDetached$1,150,000$1,203,00030337
14360 Uplands DrDetached$1,230,000$1,250,000257716
14495 Pfeifer DrDetached$1,399,000$1,265,900394421
17467 Westview DrDetached$1,275,000$1,312,00041194
4531 West RdDetached$1,595,000$1,400,000392654
950 Schukart LnDetached$1,468,000$1,600,00034344
467 9th StDetached$1,510,000$1,650,00029793
16650 Fir LnDetached$1,898,000$1,898,00038608
1677 Leslie LnDetached$2,550,000$2,300,0007534147
929 Cumberland RdDetached$2,495,000$2,600,00051293
1199 Fairway RdDetached$3,498,000$2,783,000552733
2470 Summit CtDetached$5,498,000$4,665,000718085
1889 Highlands LoopDetached$5,499,000$4,995,000683220

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

Lake Oswego is getting an Aquatics Center!

In all of the years that I have been writing this blog, I’ve had a dirty little secret. I’ve been driving into Portland to the SW Community Center at Gabriel Park to swim. I don’t swim daily, or even monthly, but when I am in the swimming mood, I love it. I was an aqua-aerobics instructor for about 8 years and I once taught swimming to small children. So being in a pool is something that I really enjoy.

When I moved to Lake Oswego in 1998 I tried to use the pool at Lake Oswego High School. I really did try. But the pool is old and dingy. There is not enough chlorine in the world to make the water look inviting. It’s also just a lap pool, built to benefit the school’s swim team. This also meant that the public use hours were very limited.

The new pool will be part of a large (60,000 square feet) aquatics and recreation facility. It will be located adjacent the the Municipal Golf Course at the corner of Overlook and Stafford Roads. Construction is scheduled to begin in the spring of 2022.

Amenities will include:

  • A competition pool with spectator seating for 300 people
  • A lap pool
  • A recreation pool
  • A spa
  • A basketball court
  • A weight room with cardio equipment
  • 2 multi-purpose rooms for classes and group excercise
  • Locker rooms

Yep, I’m pretty stoked. The one thing that this town has been missing is being rectified and I am really excited. See you at the pool!

Dianne

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

What’s in a Name?

A bit of trivia about the Property Blotter. Linda and I started our blog many years ago. Blogging was new to real estate and we had the good fortune of working with someone who was in the know about how to do it. Ron Ares, the son of our principal broker was a new agent who was interviewed by the New York Times because of the blog he had for Portland real estate. I was like “What?!” At that point I had a couple of decades in the business and realized that the power of the blog was pretty incredible for the recognition that Ron got as a result of his efforts. So Linda and I were on board.

Then it was time to choose a name. We knew we wanted to have a name that was uniquely LO. We brainstormed lots of options and came up with the Property Blotter. The name comes from the Police Blotter that was published weekly in the Lake Oswego Review. The Lake Oswego Police have 100% response policy. If you call them, they show up. The police calls are then reported in the local newspaper. What they respond to can be pretty funny. So the local blotter has been a source of local entertainment for many years.

Here is a sampling of what was reported in the August 12th edition of the LO Review:

7/31 9:43 A.M.

A dead squirrel was seen near the 18400 block of Deerbrush Avenue

7/31 12:54 P.M.

A man was seen laying sideways on a step near Boones Ferry Road and Kruse Way Place

7/31 1:19 P.M.

A caller believed someone was selling dogs our of cages in a truck near the 40 block of McNary Parkway. It turned out to be a part of an adoption program.

7/31 9:34 P.M.

Someone was seen walking in the middle of the street near SW Lesser Road and Jefferson Parkway

8/1 7:00 P. M.

A resident said she was being followed by two people at a store near the 90 block of B Avenue. Police made sure she got home safely. (I love this one. Who doesn’t want a police escort if you feel unsafe?)

8/2 12:55 A.M.

Intermittent “constuction-type noises” were heard near the 1000 block of Westward Ho Road

As you can see, it can be amusing. There is actually a book that was written about the blotter. It’s a good read that I highly recommend.

I feel very fortunate to live in a community with relatively low crime and whose police department is 100% there to serve and protect. It’s one of the many things I value in my community.

My best to you,

Dianne

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