This Week in Lake Oswego

Here are my picks for things to do this week either online or in person:

Mon, June 14, 2021 – 8:00AM-9:00PMStory Line Recordings~ Listen to poetry and short stories anytime! dial 503-636-7628 and press 6 More Info:  CLICK HERE

Tues, June 15, 2021 – 4:00-5:00PMCook the Books! ~ Meet online every Tuesday with Librarians Shannon & Alicia to eat and talk about food & recipes.- More Info & Registration:  CLICK HERE

Wed, June 16, 2021 – 4:00-6:00PMParks Board Meeting~ This meeting has been scheduled since COVID via Webex. Want input on our treasured parks & recreation facilities & activities & how we move forward? Join in!- More Info & Registration + Agenda Links:  CLICK HERE

Thurs, June 17, 2021 – 7:00-8:30PMTrivia Night!!!~ Join your hosts, Chris and Carissa for some fun together online. Its around 90 minutes & its like pub trivia…but you’re not in a pub! Bring your own drinks & snacks & enjoy.- More Info & Registration:  CLICK HERE

Fri, June 18, 2021 – This is a first!! There are NO events scheduled in Lake Oswego. So… the weather should be awesome. Take a stroll in George Rogers Park, or at Luscher Farm or along the trails in Tryon…or sit & have a picnic at the waterfront or Millennium Plaza Park : )

Sat, June 19, 2021 – 8:30AM-1:30PMLake Oswego Farmers Market –  Peruse the cream of the crop in every category of local lusciousness at Millennium Plaza Park- More Info :  CLICK HERE

Sun, June 20, 2021 – All DayFathers Day!~ Get out there and do something with your Dad, or the Dad (or closest thing to one) in your Life. Preferably something they like to do ; ) If your Dad is gone, I’ll join you in remembering him with Love and doing something that I (you) know he would enjoy.

Market Activity ~ May 31-June 6, 2021

Last week we saw 15 homes enter the market, 28 move to Pending/Accepted Offer status, and 35 Closed/Sold. Right now there are 104 beautiful properties to choose from in Lake Oswego!

NEW May 31-June 6, 2021

AddressList Price# Beds# BathsTotal SFProp Type
47 EAGLE CREST DR  #54$186,00011672CONDO
4619 LAKEVIEW BLVD / Grnd$205,00011753CONDO
153 OSWEGO SMT/Lower$279,990221677CONDO
482 S STATE ST / 3B$385,000211659CONDO
19 SUMMIT RIDGE CT$449,00022.11558ATTACHD
156 RIDGEWAY RD$450,00032.11805CONDO
5051 TUALATA LN$714,900421581DETACHD
7 MOUNTAIN VIEW LN$850,00052.13324DETACHD
3830 TEMPEST DR$999,995433099DETACHD
12975 SW ELK ROCK RD$1,499,00053.14569DETACHD
4640 DOGWOOD DR$1,500,000444142DETACHD
2023 RIDGEWOOD RD$1,500,00042.14340DETACHD
3729 ELEANOR CT$1,598,00044.14061DETACHD
17575 S CRESTLINE DR$3,500,00054.27496DETACHD
1777 SKYLAND DR$3,700,00043.14871DETACHD

PENDING May 31-June 6, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
4000 CARMAN DR, E68$255,00011836CONDO3
4000 CARMAN DR, E80$289,00022993CONDO1
15438 SW STEPHANIE CT$469,98732.11627ATTACHD6
6200 SHAKESPEARE ST$540,000321250DETACHD2
4124 HARVEY WAY$649,900321410DETACHD7
14417 ORCHARD SPRINGS RD$649,99942.11968DETACHD22
4396 GALEWOOD ST$650,00032.11672DETACHD12
17310 CANYON DR$750,000532716DETACHD3
33 DA VINCI ST$760,000532560DETACHD4
1455 NELSON CT$835,00042.12210DETACHD2
340 8TH ST$875,000322146DETACHD4
663 CARRERA LN$899,000322356DETACHD1
17144 WARREN CT$920,00042.12778DETACHD18
18768 WOOD DUCK ST$925,000433016DETACHD4
18343 ANDUIN TER$970,00042.13000DETACHD19
4137 ORCHARD WAY$975,00052.13680DETACHD2
2011 RIDGEWOOD LN$999,90053.13115DETACHD3
4379 SNOWBRUSH CT$1,050,000433596DETACHD2
19229 35TH PL$1,100,00053.14764DETACHD113
5800 SEVILLE AVE$1,299,000443912DETACHD12
19305 HILL TOP RD$1,375,00043.15116DETACHD277
4390 SUNSET DR$1,399,00042.13035DETACHD1
640 9TH ST$1,450,000433321DETACHD5
858 10TH ST$1,650,00032.12410DETACHD6
1099 CHERRY CIR$1,690,00053.13796DETACHD5
4440 UPPER DR$1,899,00043.13583DETACHD16
2112 GOODALL CT$2,100,000434078DETACHD4
2254 KNAUS RD$4,125,00045.17436DETACHD46

SOLD May 31-June 6, 2021

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeDOM
4 TOUCHSTONE  #87$205,000$190,00022984CON217
147 OSWEGO SMT/Upper$232,000$251,000221140CON3
3668 SPRING LN  #4B$320,000$385,000221117CON4
5221 TREE ST$525,000$555,00031924DET3
10 ORIOLE LN$500,000$572,500321502DET5
17 LAUREL ST$599,000$599,00031.13096DET6
1033 SPRUCE ST$745,000$725,00022.11638DET12
2734 SW ORCHARD HILL LN$720,000$785,50042.12816DET4
17944 RIDGE LAKE DR$775,000$802,50042.12525DET3
5110 ROSEWOOD ST$800,000$840,00032.12464DET5
1118 ANDREWS RD$849,000$849,000322182DET3
4350 UPPER DR$875,000$855,000321717DET18
17043 CRESTVIEW DR$799,900$895,00042.12303DET4
17787 BLUE HERON DR$895,000$896,500432519DET9
324 LAKEWOOD RD$928,000$928,250221383DET10
30 HILLSHIRE DR$950,000$950,00042.13887DET2
2376 FERNWOOD CIR$849,900$950,625422094DET5
1768 GLENMORRIE DR$978,000$988,000332904DET2
1920 Park Forest AVE$1,125,000$1,050,000332679DET19
4145 CHAD DR$1,050,000$1,055,00042.13360DET9
13348 FIELDING RD$1,070,550$1,070,55031.12068DET1
5633 GRAND OAKS DR$950,000$1,075,00042.13156DET4
2357 HILLSIDE LN$1,195,000$1,195,000534162DET5
56 WILBUR ST$1,225,000$1,200,00033.13600CON7
5665 GRAND OAKS DR$1,025,000$1,220,000534226DET3
127 FURNACE ST/Upper$1,349,000$1,349,00022.12016CON7
3931 BASS LN$1,365,000$1,365,00054.14284DET2
3119 WEMBLEY PARK RD$1,385,000$1,465,00043.13688DET2
3423 LAKE GROVE AVE$1,695,000$1,650,00043.14721DET25
1799 ATHERTON DR$1,669,000$1,669,00045.16280DET37
18639 PILKINGTON RD$1,675,000$1,675,000444281DET7
19342 LORNA LN$1,685,000$1,685,00043.14375DET2
17432 KELOK RD$1,595,000$1,710,00032.13023DET3
165 PINE VALLEY RD$2,350,000$2,350,000444067DET0
1775 SOUTHSHORE BLVD$4,950,000$4,512,00035.15401DET0

Market Activity ~ May 17-23, 2021

This week’s report shows 14 New properties hitting the market, 33 moving to Pending status (accepted Offers) and 25 Sold/Closed in Lake Oswego.

Right now there are 93 properties available in this little hamlet so close to downtown Portland & the Willamette River & central to both east & west surrounding Portland areas.

NEW May 17-23, 2021

AddressList Price# Beds# BathsTotal SFProp Type
43 GREENRIDGE CT$425,00031.11652ATTACHD
12572 BOONES FERRY RD$579,000421577DETACHD
4396 GALEWOOD ST$650,00032.11672DETACHD
1131 OXFORD DR$675,000432200DETACHD
5071 TUALATA LN$675,000331540DETACHD
15481 TANAGER DR$725,00032.12153DETACHD
1015 SOUTH SHORE BLVD$1,089,000433882DETACHD
5800 SEVILLE AVE$1,299,000443912DETACHD
18336 WESTVIEW DR$1,395,000444921DETACHD
4210 VIRGINIA WAY$1,549,00044.13508DETACHD
18224 BELLA TERRA DR$1,575,00043.14050DETACHD
4440 UPPER DR$1,899,00043.13583DETACHD
1978 EGAN WAY$2,198,00045.26761DETACHD
14500 UPLANDS DR$2,495,00054.25544DETACHD

PENDING May 17-23, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
4 TOUCHSTONE   #69$220,00032.11351CONDO3
47 EAGLE CREST DR   #63$235,00021830CONDO4
750 1ST ST   E28$245,00011902CONDO31
137 OSWEGO SMT / Upper$269,500221212CONDO5
3882 BOTTICELLI ST / Main$289,000321224CONDO20
3892 BOTTICELLI ST / Main$303,500321288CONDO4
3950 CARMAN DR / Grnd$345,00022.11101CONDO3
1335 LAUREL ST$350,000211248DETACHD3
4320 BOTTICELLI ST   #11$379,99522.22098ATTACHD13
16200 PACIFIC HWY   #21$419,900221190CONDO5
14392 SHERBROOK PL$515,00032.12133DETACHD4
338 LAUREL ST$529,000321346DETACHD4
2991 GLEN HAVEN RD$650,000432560DETACHD5
14 MORNINGVIEW CIR$699,90043.12728DETACHD19
2740 GLEN HAVEN RD$699,90032.11612DETACHD3
19419 TUALAMERE AVE$749,000322068DETACHD9
16915 GREENTREE AVE$759,000332791DETACHD7
1244 HALLINAN CIR$775,000432485DETACHD5
3061 WESTVIEW CT$799,000433396DETACHD36
5747 VICTORIA CT$810,00042.12432DETACHD2
5737 CHARLES CIR$899,00042.13088DETACHD4
17144 WARREN CT$920,00042.12778DETACHD6
69 Nansen Summit$985,00032.13185DETACHD5
2002 CEDAR CT$1,079,000322945DETACHD6
14175 TAYLORS CREST LN$1,095,000433432DETACHD4
56 WILBUR ST$1,225,00033.13600ATTACHD7
138 DEL PRADO ST$1,425,000544500DETACHD3
4484 WEST BAY RD$1,649,00053.14417DETACHD6
16315 CHAPIN WAY$1,795,00043.13478DETACHD4
18740 GREEN BLUFF DR$1,800,000433645DETACHD3
7 DOVER WAY$1,899,99955.17803DETACHD3
1845 PALISADES TERRACE DR$3,650,00032.12674DETACHD17
1125 MAPLE ST$3,900,00043.16254DETACHD82

SOLD May 17-23, 2021

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
82 GALEN ST / Upper$199,500$210,00010.1690CONDO2
5059 FOOTHILLS DR  E$312,000$338,00022989CONDO10
54 GREENRIDGE CT$429,000$440,000321596CONDO7
5509 BONITA RD$449,900$560,000322000DETACHD3
76 GREENRIDGE CT$674,900$632,68543.12868ATTACHD28
19061 REDWING CT$700,000$740,000321611DETACHD4
769 6TH ST$652,000$768,00021720DETACHD2
1002 HEMLOCK ST$725,000$775,00032.11950DETACHD4
1710 YARMOUTH CIR$769,000$780,000221540DETACHD2
1225 Hallinan ST$724,900$788,00032.11819DETACHD6
19233 INDIAN SPRINGS RD$799,950$799,95044.13423DETACHD11
10 YORICK ST$925,000$915,00053.14023DETACHD19
1007 HEMLOCK ST$899,000$963,00032.11930DETACHD3
17167 CEDAR RD$880,000$984,000322673DETACHD3
16126 SW INVERURIE RD$899,000$988,00042.12492DETACHD5
12624 SW 22ND AVE$945,000$1,010,00043.13665DETACHD4
19201 MAREE CT$1,300,000$1,250,00052.14290DETACHD27
1891 PALISADES LAKE CT$1,425,000$1,400,00044.15389DETACHD193
13311 LESLIE CT$1,540,000$1,540,000555596DETACHD0
784 6TH ST$1,625,000$1,625,000433200DETACHD5
822 6TH ST$1,444,900$1,650,000432920DETACHD3
13613 PROVINCIAL HILL WAY$1,550,000$1,675,00063.14534DETACHD4
6 DOVER WAY$1,795,000$1,700,00043.14499DETACHD9
15400 DIAMOND HEAD RD$2,100,000$2,050,00043.13358DETACHD1
15780 TWIN FIR RD$2,975,000$2,825,00044.14270DETACHD44
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.

News & Notes April 2021 Numbers

Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.

Overview/Fluctuations ~  Market Data April 2021:                                                      

Record low Inventory continues.  Competition is heavy and/but anecdotally the grapevine says more properties are starting to show up now in May, and I’m seeing & hearing about more Offers accepted at or nearer asking price.  The numbers will tell next month when we look at May’s totals, but that is the buzz. Mortgage rates are still great. The latest, though it varies on a daily basis and from individual to individual, is 3.25-3.35% on a 30-year Conventional loan w/a 700 credit score & 20% down.

  • There were 4,065 New Listings in April 2021 increased 42.8% over April 2020’s 2,487 and increased 17.3% from the previous month/March’s 3,465.
  • At 2,946, April 2021’s Closed Sales are up 46.2% from April 2020’s 2,015, and also up 15.3% from the previous month/March’s total of 2,556
  • At 3,400, April 2021’s Pending Sales increased 66.6% from April 2020’s 2,041, and also jumped up by 1.6% from the previous month/March’s total of 3,346.
  • The Average Sale Price in April 2021 of $557,900 is up $80,500 from last year/April 2020’s $477,400, and up $3,600. from the previous month/March’s $554,300.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in April 2021 of $500,000 rose $76,000 from last year/April 2020’s $424,000, and also increased $12,000 from the previous month/March’s $488,000.

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

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of April 2021 reported:

  • 123 Active Listings (Mar 112)
  • 255 New Listings    (Mar 188)
  • 218 Pending Sales (Mar 156)
  • 142 Closed Sales    (Mar 112)
  • Average Sale Price for Apr: $818,300  (Mar $944,100)
    • 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.
  •  33 Average Days on the Market   (Mar 77)

This Week in Lake Oswego

Spring is in the air, people are starting to peek out from their safe spaces & Lake Oswego is as beautiful as ever. Here are my picks for things to do this week either online or in person:

Mon, May3rd, 2021 – 4:30-5:30PMYouth Mountain Biking Series 1 ~ Meet at Luscher Farm/The Quarry at East Waluga Park to learn shifting, body position, pedal position, climbing, descending, cornering and managing trail obstacles! Mondays till 5/24- More Info & Registration:  CLICK HERE

Tues, May4th, 2021 – 4:00-5:00PM –Cook the Books ~ Meet online every Tuesday with Librarians Shannon & Alicia to eat and talk about food & recipes. – More Info & Registration:  CLICK HERE

Wed, May5th, 2021 – 6:00-8:00PM –Pickelball Clinic & Play (18yrs+)~ Learn the basics and then join in with the fastest growing sport in America! Wednesdays till 5/26 at George Rogers Park – More Info & Registration:  CLICK HERE

Thurs, May6th, 2021 – 7:00-8:30PM –Public Library Trivia Night! ~ Its like “Pub Trivia” but shorter…and you’re not in a pub! Plus there are Powell’s Gift Cards involved… Thursdays online- More Info & Registration:  CLICK HERE

Fri, May7th, 2021 – 6:30-9:30PM –Samurai in the Oregon Sky with Ilana Sol! ~ Join the Filmmaker as she presents her film & joins for post-viewing questions & answers. – Her first film ON PAPER WINGS won 7 awards and was included in an episode of NPR’s Radiolab. SAMURAI IN THE OREGON SKY is her second film~ In 1942, Japanese pilot Nobuo Fujita catapulted his seaplane off of a submarine, flew over the Oregon coast, and became the only pilot to bomb the U.S. mainland during WWII.  He never dreamed he would one day be invited back to the region, where he would begin a lifelong friendship with the people of a small Oregon town.  SAMURAI IN THE OREGON SKY chronicles how Mr. Fujita came to refer to his former target as his “second home.” – More Info & Registration:  CLICK HERE

Sat, May8th, 2021 – 8:30AM-1:30PM –Lake Oswego Farmers Market! ~ Millennium Park Plaza is the place to be every Saturday as Artisans and Farmers share their wares in a COVID-safe & festive environment. There are also online ordering options available.- For More Info & Safety Protocols:  CLICK HERE

Sun, May9th, 2021 – 11:00-12:00PM –A Bookish Affair!~ Join fellow aficionados of Romance & Happily-Ever-After genres to discuss love stories of all kinds. This week covering The Duke Who Didn’t by Courtney Milan –  More Info & Registration:  CLICK HERE

Market Activity ~ April 19-25, 2021

This last week in Lake Oswego we saw 10 New Properties come to market, a whopping 36 move to Pending status (accepted Offers), and 16 Closed/Sold.

Here are the details per RMLS:

NEW April 19-25, 2021

AddressList Price# Beds# BathsTotal SFProp Type
4 TOUCHSTONE #68$219,00022984CONDO
4 TOUCHSTONE  #142$229,90022979CONDO
19239 SW BENFIELD AVE$900,000331968DETACHD
324 LAKEWOOD RD$928,000221383DETACHD
1874 GLENMORRIE TER$975,000333508DETACHD
4145 CHAD DR$1,050,00042.13360DETACHD
940 UPPER DEVON LN$1,950,00043.14464DETACHD
17301 BERGIS FARM DR$2,250,00043.14737DETACHD
2679 GLEN EAGLES RD$2,750,00044.14709DETACHD
197 PINE VALLEY RD$3,200,00063.15983DETACHD

PENDING April 19-25, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
47 EAGLE CREST DR  #6$184,00011672CONDO39
13 OSWEGO SMT / Lower$199,90011764CONDO8
750 1ST ST   E28$245,00011902CONDO7
526 S State ST   5A$314,95021914CONDO11
1305 SPRUCE ST$449,000311024DETACHD5
5509 BONITA RD$449,900322000DETACHD3
17 LAUREL ST$599,00031.13096DETACHD6
6090 CARMAN DR$650,00041.11620DETACHD44
19061 REDWING CT$700,000321611DETACHD4
1225 Hallinan ST$724,90032.11819DETACHD6
1002 HEMLOCK ST$725,00032.11950DETACHD4
5546 ROYAL OAKS DR$759,000321920DETACHD3
282 ASH ST$780,00042.12791DETACHD30
19233 INDIAN SPRINGS RD$799,95044.13423DETACHD11
3061 WESTVIEW CT$875,000433396DETACHD5
13209 TWIN CREEK CT$888,00042.13021DETACHD5
17787 BLUE HERON DR$895,000432519DETACHD9
16126 SW INVERURIE RD$899,00042.12492DETACHD5
30 HILLSHIRE DR$950,00042.13887DETACHD2
16176 NOLA CT$969,00042.12945DETACHD5
6 SHERWOOD CT$995,90042.13133DETACHD4
18015 CARDINAL DR$1,095,000321622DETACHD5
3931 BASS LN$1,365,00054.14284DETACHD2
19305 HILL TOP RD$1,375,00043.15116DETACHD239
1891 PALISADES LAKE CT$1,425,00044.15389DETACHD193
558 6TH ST$1,550,00033.12949DETACHD4
3159 DOUGLAS CIR$1,595,00064.14500DETACHD3
784 6TH ST$1,625,000433200DETACHD5
1799 ATHERTON DR$1,669,00045.16280DETACHD37
18639 PILKINGTON RD$1,675,000444281DETACHD7
19342 LORNA LN$1,685,00043.14375DETACHD2
6 DOVER WAY$1,795,00043.14499DETACHD9
13217 AMBER PL  #1$1,849,00043.13861DETACHD430
2950 WEMBLEY PARK RD$2,499,00055.16667DETACHD3
18277 CRESTLINE DR$2,850,00045.16892DETACHD169
584 RIDGEWAY RD$4,398,00043.24996DETACHD3

SOLD April 19-25, 2021

AddressOpeningPriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
47 EAGLE CREST DR   #51$180,000$180,00011670CONDO13
4000 CARMAN DR   #36$222,500$233,00011836CONDO2
48 EAGLE CREST DR   %F$264,900$240,000221370CONDO428
26 CERVANTES CIR / Ground$261,900$240,00021.11107CONDO56
4185 CHILDS RD$535,000$550,00031.11175DETACHD5
16880 CORTEZ CT$575,000$573,000332313DETACHD27
63 TANGLEWOOD DR$625,000$650,000432819DETACHD3
1820 SOUTHSHORE BLVD$700,000$706,000332403DETACHD4
5139 TUALATA LN$799,900$822,191432132DETACHD2
2552 PALISADES CREST DR$975,000$955,00042.13176DETACHD12
5544 KILCHURN AVE$995,000$1,050,00042.13308DETACHD4
17311 CANYON DR$1,149,000$1,079,000635376DETACHD35
1061 YATES ST$1,100,000$1,136,00043.12899DETACHD14
17990 RIDGE LAKE DR$1,445,000$1,420,00053.13897DETACHD21
1505 LAKE FRONT RD$3,495,000$3,470,00053.15525DETACHD4
1300 FOREST MEADOWS WAY$4,098,000$4,150,00054.25974DETACHD46

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 ~ March 2021 Numbers

Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.

Overview/Fluctuations ~  Market Data March 2021:                                              

Low Inventory continues to be the driver of competition in the greater Portland area where we see price increases in most neighborhoods/areas from the prior month & all areas increasing over 2020. (See below for breakdown). Comparing 2021 to the same period in 2020 thru March, Overall Average Price has increased 16.6% and Median Price 14.9%.

My trusted Mortgage Advisors say Mortgage rates are hovering around 3.125%. This rate varies and can be reduced with a buy-down, or affected by individual qualifiers. I’m happy to connect you with someone to discuss your particular situation.         

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

  • There were 3,465 New Listings in March 2021 decreased only slightly at 0.1% from March 2020’s 3,468 and increased 40.1% from the previous month/February’s 2,474.
  • At 2,556, March 2021’s Closed Sales are up 8.5% from March 2020’s 2,356, and also up 29.2% from the previous month/February’s total of 1,978
  • At 3,346, March 2021’s Pending Sales increased 42.6% from March 2020’s 2,347, and also jumped up by 51.5% from the previous month/February’s total of 2,208.
  • The Average Sale Price in March 2021 of $554,300 is up $88,800 from last year/March2020’s $465,500, and up $12,300. from the previous month/February’s $542,000.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in March 2021 of $488,000 rose $63,000 from last year/March 2020’s $425,000, and also increased $8,900 from the previous month/February’s $479,100.

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of March 2021 reported:

  • 112 Active Listings (Feb 82)
  • 188 New Listings    (Feb 97)
  • 156 Pending Sales (Feb 92)
  • 112 Closed Sales    (Feb 92)
  • Average Sale Price for Mar: $944,100  (Feb $876,900)
    • 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.
  •  77 Average Days on the Market   (Feb 77)

Market Activity ~ April 5-11, 2021

NEW April 5-11, 2021

AddressList Price# Beds# BathsTotal SFProp Type
526 S State ST  5A$314,95021914CONDO
225 CERVANTES$319,00021.11216CONDO
3101 MCNARY PKWY  #6$399,90032.11532CONDO
76 GREENRIDGE CT$674,90043.12868ATTACHD
16041 WALUGA DR$679,000421982DETACHD
9 FALSTAFF ST$759,00042.12436DETACHD
18634 Bryant RD$775,00032.12858DETACHD
19233 INDIAN SPRINGS RD$799,95044.13423DETACHD
537 COUNTRY CLUB RD$849,000321901DETACHD
100 LEONARD ST, Upper Lvl$965,00032.12482CONDO
524 WEIDMAN CT$979,00042.13450DETACHD
6 DOVER WAY$1,795,00043.14499DETACHD
17979 S CRESTLINE DR$3,045,000434858DETACHD

PENDING April 5-11, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
366 CERVANTES CIR$210,00021832CONDO2
4 TOUCHSTONE  #82$258,00032.11351CONDO238
5840 SW BURMA RD$475,00031.11632DETACHD47
19255 BENFIELD AVE$499,000321840DETACHD36
5720 KENNY ST$499,900321416DETACHD3
19242 TERRY AVE$619,900421872DETACHD2
143 DEL PRADO ST$621,500321907DETACHD0
17 ABELARD ST$650,000322122DETACHD2
4688 OAKRIDGE RD$675,000321788DETACHD17
17608 SYDNI CT$675,00042.12466ATTACHD19
5316 LOWER DR$699,00032.12016DETACHD15
1268 HIDE A WAY CT$759,90042.12423DETACHD6
115 FURNACE ST  2N$819,00022.11885CONDO30
5 Mountain View LN$849,00053.13850DETACHD61
672 1ST ST$850,00022.11986CONDO4
12793 SIERRA VISTA DR$899,90043.13650DETACHD3
10 YORICK ST$925,00053.14023DETACHD19
1515 CHERRY LN$925,00053.14699DETACHD4
12624 SW 22ND AVE$945,00043.13665DETACHD4
5544 KILCHURN AVE$995,00042.13308DETACHD4
115 ASH ST$1,025,000434469DETACHD7
18041 CARDINAL DR$1,095,00032.11950DETACHD1
1061 YATES ST$1,100,00043.12899DETACHD14
4431 BERNARD ST$1,149,000432840DETACHD23
486 LAKE BAY CT$1,150,000321603DETACHD4
1255 Bickner ST$1,199,00042.12764DETACHD58
18958 BRYANT RD$1,199,90042.13178DETACHD13
1992 PALISADES TERRACE DR$1,250,00053.14140DETACHD7
13613 PROVINCIAL HILL WAY$1,550,00063.14534DETACHD4
15400 DIAMOND HEAD RD$2,100,00043.13358DETACHD1
95 IRON MOUNTAIN BLVD$2,195,00054.15710DETACHD184
15780 TWIN FIR RD$2,769,90044.14270DETACHD44

SOLD April 5-11, 2021`

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
47 EAGLE CREST DR  #43$209,500$212,000211017CONDO3
4000 CARMAN DR   G101$248,900$260,00022869CONDO4
4644 LOWER DR, Upper Lvl$260,000$285,00021.11170CONDO5
578 2ND ST$539,900$539,90022.11361PLNCOMM6
853 E AVE$650,000$650,00021750DETACHD6
2679 GLEN EAGLES RD$729,900$702,000332378DETACHD277
18975 OLSON AVE$600,000$736,000633569DETACHD5
33 TOUCHSTONE$699,900$770,000543854DETACHD5
4749 BLACK FOREST CT$715,000$775,00042.12255DETACHD5
5796 BAY POINT DR$775,000$843,00042.12399DETACHD2
16631 FORD PL$899,900$920,00042.13180DETACHD4
4184 VIRGINIA WAY$849,900$976,000421700DETACHD5
2240 RIDGEWOOD RD$939,000$1,075,00043.12777DETACHD2
100 GARIBALDI ST$1,175,000$1,210,00053.24572DETACHD3
15420 BOONES WAY$1,345,000$1,325,00032.13364ATTACHD43
419 7TH ST$1,350,000$1,350,00042.12813DETACHD11
17010 Canal CIR$1,595,000$1,665,00043.13746DETACHD
1947 Summit DR$1,795,000$1,716,00045.15570DETACHD150
16655 MAPLE CIR$3,498,000$3,170,00033.13100DETACHD0

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 ~ March 22-28, 2021

Last week, Lake Oswego had 8 properties enter the market, 22 move to Pending status, and 18 Close. Currently there are 74 lovely homes available on the market!

The following is the activity according to RMLS:

NEW March 22-28, 2021

AddressList Price# Beds# BathsTotal SFProp Type
5316 LOWER DR$699,00032.12016DETACHD
282 ASH ST$780,00042.12791DETACHD
4750 UPPER DR$1,149,00053.13091DETACHD
885 10TH ST$1,150,00042.12633DETACHD
18958 BRYANT RD$1,199,90042.13178DETACHD
2065 RIDGE POINTE DR$1,495,000544790DETACHD
16847 GREENBRIER RD$2,700,00032.12360DETACHD
1745 SOUTHSHORE BLVD$3,495,00044.15545DETACHD

PENDING March 22-28, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
47 EAGLE CREST DR, #51$180,00011670CONDO13
22 OSWEGO SMT / Grnd$189,90011764CONDO2
125 OSWEGO SMT / Lower$198,00011764CONDO3
6310 BURMA RD$499,00031.11052DETACHD7
4185 CHILDS RD$535,00031.11175DETACHD5
4555 WILDWOOD ST$650,000321565DETACHD6
4917 MULHOLLAND DR$678,00022.12403ATTACHD10
33 TOUCHSTONE$699,900543854DETACHD5
28 MORNINGVIEW CIR$730,00033.12895DETACHD15
692 2ND ST$759,900312140DETACHD17
2941 SW ORCHARD HILL PL$784,90053.13446DETACHD4
545 RIDGEWAY RD$818,00032.12110DETACHD3
2552 PALISADES CREST DR$975,00042.13176DETACHD12
19230 BRYANT RD$1,060,00084.53441DETACHD289
144 LEONARD ST$1,279,00043.13552DETACHD6
15003 TWIN FIR RD$1,295,00043.12941DETACHD7
19305 HILL TOP RD$1,375,00043.15116DETACHD208
17990 RIDGE LAKE DR$1,445,00053.13897DETACHD21
1799 ATHERTON DR$1,629,00055.16280DETACHD10
13217 AMBER PL, #1$1,849,00043.13861DETACHD402
16777 PHANTOM BLUFF CT$1,995,00042.25045DETACHD14
1300 FOREST MEADOWS WAY$4,098,00054.25974DETACHD46

SOLD March 22-28, 2021

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
5057 FOOTHILLS DR / Upper$335,000$345,000221252CONDO3
72 GREENRIDGE CT$425,000$425,000331824ATTACHD3
1790 CONIFER DR$539,000$520,000211003DETACHD13
5091 TUALATA LN$625,000$702,500321500DETACHD6
5172 GREENSBOROUGH CT$739,000$724,00042.12184DETACHD102
2 MOZARTEUM CT$744,900$780,00042.12192DETACHD5
18018 GIMLEY CT$820,000$859,000433637DETACHD2
13983 WESTCOTT CT$898,900$925,00042.12792DETACHD4
2574 PALISADES CREST DR$975,000$935,00052.24563DETACHD22
13204 DEERFIELD CT$1,050,000$1,030,00042.13406DETACHD4
3815 SOUTHSHORE BLVD$875,000$1,067,000422638DETACHD4
116 MIDDLECREST RD$1,390,000$1,225,000432545DETACHD38
17680 Stafford RD$1,299,000$1,317,00052.13804DETACHD185
639 CARRERA LN$1,350,000$1,320,00043.14447DETACHD16
4288 LAKEVIEW BLVD$1,250,000$1,487,000322016DETACHD5
892 8TH ST$1,450,000$1,515,00043.12872DETACHD7
17313 BLUE HERON RD$1,998,500$1,892,50043.13454DETACHD431
2950 Lakeview BLVD$3,100,000$2,450,00043.14299DETACHD190

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 ~ Feb 2021 Numbers

Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.

Overview/Fluctuations ~  Market Data February 2021:           Inventory is holding steady with one month of supply available.  Competition is heavy, though we finally see more properties hitting the market now in March, which should alleviate that a little.  Competition pushes prices up as you can see in the Neighborhood Report below comparing January & February prices. Rolling 12-month Appreciation rates in all areas are up.

Mortgage rates will be rising inspired by the economy’s steady recovery. Today’s rates are hovering around 3% or a little higher based on a number of factors, but most can “buy the rate down” a bit & get it lowered. My trusted Mortgage Advisors can give you  more info.      

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

  • There were 2,474 New Listings in Feb 2021 decreased  10.3% from Feb of 2020’s 2,759  and also dropped 4.1% from the previous month/January’s 2,579.
  • At 1,978, Feb 2021’s Closed Sales are up 4.3% from Feb 2020’s 1,897, and also up 7.1% from the previous month/January’s total of 1,847
  • At 2,208, Feb 2021’s Pending Sales are down 15% from Feb 2020’s 2,598, and also down 11.5% from the previous month/January’s total of 2,496.
  • The Average Sale Price in Feb 2021 of $542,000 is up $84,100 from last year/Feb 2020’s $457,900, and up $27,300. from the previous month/January’s $514,700.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Feb 2021 of $470,100 rose $63,100 from last year/Feb 2020’s $407,000, and also increased 10,100 from the previous month/January’s $460,000.

                                        LAKE OSWEGO

The combined areas of Lake Oswego and West Linn  for  the month of February 2021 reported:

  • 82 Active Listings (Jan 84)
  • 97 New Listings    (Jan 112)
  • 92 Pending Sales  (Jan 121)
  • 92 Closed Sales    (Jan 97)
  • Average Sale Price for Feb: $876,900  (Jan $812,700)
    • 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.
  •  77 Average Days on the Market   (Jan 46)