Market Activity June 21-27, 2021

Lake Oswego is so beautiful! We had a couple of days of pretty extreme heat but we are back to normal with highs in the 80’s. The flowers are blooming and the swim park is open. Summer in LO is pretty great.

The real estate market is also pretty great. Last week Lake Oswego experienced 14 new listings, 26 pending sales, and 27 sold/closed properties.

See below for RMLS details.

New on the Market June 21-27, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #62Condo$204,90032.51351
5061 Foothills Dr CCondo$335,00022991
16250 Pacific Hwy #78Condo$343,500221305
16250 Pacific Hwy #41Condo$360,000221380
6135 ShakespeareDetached$549,900421656
5071 W Sunset DrCondo$610,00022.51734
17071 Rebecca LnDetached$775,000332288
17802 Hillside WayDetached$799,80042.53026
759 Timberline DrDetached$825,000432928
2440 Overlook DrDetached$839,900433850
4099 Coltsfoot LnDetached$840,00052.53169
17151 Wall StDetached$1,198,000544141
5844 Ridgetop CtDetached$1,198,00042.53736
151 3rd St #1Condo$1,499,00032.53278

Pending Sales June 21-27, 2021

AddressTypePriceBRBathsSq FtCDOM
23 Crestfield CtCondo$199,000116892
4 Touchstone #69Condo$220,00032.5135133
44 Eagle Crest Dr #1Condo$230,000219082
4 Cervantes CircleCondo$240,00021.59128
156 Ridgeway RdCondo$450,00032.5180520
5221 Tualata LnDetached$550,0003214914
16501 Lake Forest BlvdDetached$550,0003114296
1033 Obrien StDetached$600,0004214162
1311 Pine StDetached$600,0003321506
5 Becket StDetached$685,00042.5365417
17859 Pilkington RdDetached$695,00032.5322279
16921 Kara LnDetached$750,00032.523825
5440 Bay Creek DrDetached$775,00032.524424
7 Mountain View LnDetached$850,00052.5332422
16933 Greentree AveDetached$874,90042.522767
5681 Yorkshire CtDetached$894,90042.529855
3830 Tempest DrDetached$949,95043309922
19310 Riverwood LnDetached$999,0005331921
1931 Park Forest CtDetached$1,025,00064.541076
2929 Glen Eagles RdDetached$1,100,0003225274
16972 Greentree AveDetached$1,100,00043281213
17911 Hillside DrDetached$1,200,0004336355
5922 Suncreek DrDetached$1,250,00043.5+.5402710
1860 Egan WayDetached$1,450,0004336955
853 D AveDetached$1,899,00043.5513729
18098 Pilkington RdDetached$2,199,00045.566806

Sold/Closed June 21-27, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #142Condo$229,900$220,00097951
137 Oswego SummitCondo$269,500$276,0001,2125
4320 Botticelli St #11Attached$399,950$368,000209813
979 Devon LnDetached$599,900$611,00023624
31 Partridge LnDetached$634,900$705,00031585
2991 Glen Haven RdDetached$650,000$715,00025605
4846 Lower DrDetached$812,900$718,4622655105
686 Sunnyhill DrDetached$750,000$770,00023926
3061 Westview CtDetached$875,000$800,000339636
5825 Bay Point DrDetached$850,000$869,00026043
4716 Heritage LnDetached$869,000$875,0002,6504
33 Da Vinci StDetached$760,000$890,00025604
17144 Warren CtDetached$920,000$910,000277818
15950 Parker RdDetached$899,900$935,00026863
12427 SW Orchard Hill RdDetached$849,000$967,50030232
17575 Blue Heron CtDetached$899,900$989,00029724
12986 Knaus RdDetached$1,149,000$1,054,7753242302
2002 Cedar CtDetached$1,180,000$1,100,00029456
13869 Amberwood CircleDetached$1,175,000$1,200,00033700
6407 Mission CtDetached$1,239,000$1,239,00036231
1151 Cherry CtDetached$1,180,000$1,100,00040097
4081 Pfeifer CtDetached$1,200,000$1,390,00040783
16315 Chapin WayDetached$1,795,000$1,775,00034784
743 6th St6Detached$1,675,000$1,900,0003922254
2112 Goodall CtDetached$2,100,000$2,150,00040784
13589 Goodall RdDetached$1,996,000$2,450,0004443230
1308 Northshore RdDetached$3,740,000$3,215,0004194254

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

This is important because We Love LO!

In 1978 the State of Oregon mandated that individual communities develop and maintain a comprehensive plan. This plan becomes a road map for the future. How does the community support growing populations, economic development, and prioritize resources? The last time Lake Oswego updated its comprehensive plan was in 1994. With 16 years since being updated, in 2010 the State of Oregon told the City of Lake Oswego to update the comprehensive plan and gave the City 3 years to do so.

In the last 3 years over 2000 citizens of the community have participated in a lengthy process of meeting, discussing, and giving in-put as to what the vision of Lake Oswego should look like in 2035. This was a very involved process that included the school district, neighborhood associations, business associations, and open public forums. In fact, the City received the National Planning Excellence Award for Communications Initiative from the American Planning Association for this effort.

The comprehensive plan has 7 action areas:

• Healthy Ecosystems
• Community Health and Public Safety
• Connected Community
• Inspiring Places and Spaces
• Economic Vitality
• Complete Neighborhoods and Housing
• Community Culture

These action areas support a wide variety of goals. Much emphasis is placed on livability and there was a strong consensus that walking, biking, and public transportation should be encouraged. Value is placed on high-quality schools, library, and recreational opportunities. Economic diversity is encouraged and the support of local businesses is a goal.

Think about it, the gallery without walls didn’t just happen. It is something we treasure and enjoy because in the past the arts were encouraged and supported in this community.

The final step in the adaption of the comprehensive plan is now occurring. Our mayor and city council will be voting on the adaption of the final version of the comprehensive plan at the City Council meeting on April 16th. I want to encourage you to learn about the plan. The easiest way to do this is by watching this short video.

Next I want to encourage you to contact our Mayor and City Council members to support adaption of the current comprehensive plan as it has been developed by the citizens of our community. To contact our Mayor and members of the City Council click here.

There is always a bit of controversy in public planning. That is true in this instance. There are several members of our city council who are not in favor of the comprehensive plan as it has been developed. I guess it could be attributed to a general dislike of planning in general: the idea that government should be smaller and less involved. There certainly are times when I agree with that perspective. But this plan is a good one. It is a vision for the future of our City that was developed by the citizens of this City. Please encourage the adaptation of the plan as the citizens have designed it over the course of the last 3 years.

We do love our City! This vision for the next 20 years is wonderful! Get involved and please encourage the adaptation of the Comprehensive Plan.