Market Activity Report Sept 13-19, 2021

Last week in Lake Oswego the market was quite evenly balanced between buyers and sellers. There were 22 new listings, 19 properties that moved to pending status, and 22 sold/closed homes. That’s a spread of just 3 between all catagories. Very balanced.

See below for RMLS details.

New on the Market Sept 13-16, 2021

AddressTypePriceBRBathsSq Ft
100 Kerr Pkwy #11Condo$169,00011617
100 Kerr Pkwy #38Condo$185,00011628
47 Eagle Crest Dr #56Condo$240,000311031
3101 McNary Pkwy #6Attached$415,00032.51884
18840 SW 65th AveDetached$549,00032.51634
20 Aquinas StDetached$649,90042.51838
4450 Chapman WayDetached$726,000432262
1648 Ash StDetached$750,000321877
559 Garibaldi StDetached$849,00043.53724
559 2nd St #206Condo$820,000221412
1335 Laurel StDetached$850,000211898
6073 Carman DrDetached$965,00032.52751
546 Weidman CtDetached$990,000533445
14527 Pfeifer WayDetached$1,250,00043.53803
18365 SW 65th WayDetached$1,290,000543331
14322 Edenberry DrDetached$1,295,00042.53262
118 cornell CtDetached$1,399,90054.54663
17265 Woodhurst PlDetached$1,495,00054.54513
18820 Green Bluff DrDetached$1,495,00044.55643
720 6th StDetached$2,250,00043.54601
6720 Childs RdDetached$2,395,00044.56898
4247 Lords LnDetached$2,650,00043.53785

Pending sales Sept 13-16, 2021

AddressTypePriceBRBathsSq FtCDOM
44 Eagle Crest Dr #20Condo$219,0002190856
4 Touchstone #157Condo$224,9002298417
4 Touchstone #103Condo$230,00032.513511
53 Galen StCondo$264,9002298925
5225 Jean Rd #203Condo$359,90032140098
4429 Thunder Vista LnCondo$479,90022.5200229
16351 Pacific HwyDetached$485,0003317422
6195 Harrington AveDetached$525,0004215983
5711 McEwan RdDetached$565,00032146724
1022 Yates StDetached$565,00031.511183
1682 Fircrest DrDetached$699,90042.523044
4954 Buck Brush LnDetached$729,0003224897
4954 Mulholland DrAttached$719,90032.524984
16033 Reese RdDetached$849,90042.528105
1161 Sunningdale RdDetached$950,00032.523783
658 Boca Ratan DrDetached$967,00043.5359312
1839 Palisades Lake CtDetached$1,499,00043.545709
16206 Reese RdDetached$1,895,00043.545709
1075 Chandler RdDetached$2,699,00054.55710113

Sold closed Sept 13-16, 2021

AddressTypeList PriceSold PriceSq FtCDOM
47 Eagle Crest Dr #41Condo$230,000$230,00093214
12 Oswego SummitCondo$300,000$285,0001,14041
12848 Boones Ferry RdCondo$425,000$435,00011820
1589 Boca Ratan DrAttached$470,000$458,618161119
41 Oriole LnDetached$500,000$500,000156410
1700 Bonniebrae DrAttached$469,698$513,00017396
16 Walking Woods DrDetached$649,000$610,000289711
16885 Fernwood DrDetached$639,500$623,513162453
17621 Arbor LnDetached$685,000$700,00021204
19 Da Vinci StDetached$650,000$700,00018746
16904 Cherry Crest AveDetached$759,000$759,0002,1672
4545 Black Forest CtDetached$799,000$825,00021682
656  3rd StDetached$675,000$850,00012005
41 TouchstoneDetached$920,000$940,000309021
13366 Boones Ferry RdDetached$1,095,000$1,075,00035895
511 Weidman CtDetached$995,000$1,100,00036525
14002 Chelsea DrDetached$1,195,000$1,175,000345732
14071 Sundeleaf DrDetached$999,000$1,200,00026243
13864 Amberwood CirDetached$1,295,000$1,375,00031150
572 4th StAttached$1,595,000$1,525,000336410
615 4th StDetached$1,750,000$1,750,00036910
940 Upper Devon LnDetached$1,945,000$1,875,000484859

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 August 16-22, 2021

It is certainly feeling like the dog days of summer. Numbers in Lake Oswego were down last week. Still healthy, but not quite as frantic as it was just a couple of weeks ago. We had 12 houses come onto the market, 26 move into pending status, and 16 closed/sold properties.

See below for RMLS details.

New on the market August 16-22, 2021

AddressTypePriceBRBathsSq Ft
44 Eagle Crest Dr #9Condo$255,00021908
53 Galen StCondo$264,90022989
4 Condolea DrCondo$439,000221312
4429 Thunder Vista LnCondo$479,90022.52002
16 Walking Woods DrDetached$649,00032.52897
5911 Carman DrDetached$695,800321400
23 TouchstoneDetached$924,900543169
1500 Morning Sky CtDetached$1,178,00053.54402
5349 Carman Grove LnDetached$1,298,000432903
572 4th StAttached$1,595,00034.53364
3411 Lake Grove AveDetached$1,675,00043.54434
15508 Diamond Head RdDetached$3,480,000343900

Pending sales August 16-22, 2021

AddressTypePriceBRBathsSq FtCDOM
108 Oswego SummitCondo$199,900117645
3433 McNary Pkwy #211Condo$255,0002210082
3433 McNary Pkwy #302Condo$265,00022.5120812
12 Oswego SummitCondo$290,00022114041
3886 Botticelli StCondo$315,00021.5113220
422 S State StCondo$324,99721165947
162 Oswego SummitCondo$399,00022150648
1589 Boca Ratan DrAttached$460,00032161119
448 5th StCondo$468,00021.510924
1700 Bonniebrae DrAttached$469,6983317396
38 Briarwood RdDetached$599,90062.5+.525546
16885 Fernwood DrDetached$639,50032162453
19 Da Vinci StDetached$650,0003218746
26 Briarwood RdDetached$665,00043.525548
17621 Arbor LnDetached$685,0003221204
680 Tippecanoe CtDetached$719,90042.519005
13366 Auburn CtAttached$750,00032.5249211
6666 Childs RdDetached$750,0003124088
1033 Spruce StDetached$765,00032.516634
15580 Partridge DrDetached$780,00032.522450
15964 White Oaks DrDetached$900,00042.5301516
511 Weidman CtDetached$995,00042.536525
5590 Luce LnDetached$995,00054353015
13366 Boones Ferry RdDetached$1,095,00042.535895
2011 Ridgewood LnDetached$1,100,00053.5311575
950 Schukarat LnDetached$1,468,00042.534344

Sold/closed August 16-22, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #74Condo$235,000$215,00013518
86 Kingsgate Rd G101Condo$265,000$299,9508402
200 Burnham Rd #305Condo$340,000$345,00013051
4141 Cobb WayDetached$485,000$450,000123718
5071 Tualata LnDetached$705,000$640,000154051
4932 Mulholland DrAttached$698,000$688,000249854
4 Pimlico TerraceDetached$690,000$720,00021003
1620 Ash StDetached$720,000$744,00022254
5101 Rosewood StDetached$665,000$768,00017364
720 8th StDetached$899,000$899,000149830
1724 Fern PlDetached$950,000$925,0002,16021
18320 Delenka LnDetached$1,115,000$975,550451967
1520 Eastview CtDetached$963,000$980,00037894
19395 Hill Top RdDetached$1,575,000$1,650,00047884
1334 Maple StDetached$1,575,000$2,100,00036606
1745 Southshore BlvdDetached$3,495,000$2,600,0005545128

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.

Trends from the 2021 Street of Dreams

As you saw from last week’s post that Linda wrote, she and I attended the Street of Dreams. Running until August 22nd, it is currently happening in Happy Valley on the East side of the metro area.

When I go through the street of dreams, I like to look for trends. What we see at the Street of Dreams, we also start to see in new construction and in remodeling.

This year’s event was entirely different because they have two locations. On location has million dollar homes and high-end finishes. The other location has homes that are $500,000 to the low $600’s. The trends I am going to talk about here are from the more expensive houses.

Beamed ceilings

I’ve always liked the look of beamed ceilings. They just make a house feel more substantial. I did find my self questioning how structural they actually are. Or if they are simply decorative. In any case, I like this trend.

Outdoor living areas

The outdoor living areas in the 3 expensive houses are just gorgeous. I feel like every home, even condos and apartments, should have nice outdoor spaces to relax and socialize. All of the areas on these homes had fireplaces, plenty of room for seating, and usually kitchen equipment like BBQs, sinks, and refrigerators. They are lovely.

Lots of gray and white

The gray is a deep, dark, gun-metal shade. It was painted over entire rooms, used for kitchen cabinets, and for built-ins. It’s a classic shade. It goes well with pops of color of pretty much any shade that you like, but it is mostly paired with white. I feel like this is a color that you could live with and enjoy for many, many years. While being a trend, it’s a timeless one.

Chunky light fixtures

The last Street of Dreams I attended, in 2019, the light fixtures were also a stand out. At that event they seemed very stream-lined and modern looking. At this year’s event, they’re just the opposite. I’m not so sure I like this trend. Frankly, the fixture posted here looks like a fire hazard.

The housing village

I actually think that this was my favorite part of the show. Made with at least 2, and possibly 3, shipping containers, it just looks like a brilliant solution for our housing shortage. The main container has a very nice bathroom, kitchen, dining area, and small living room. This structure also had 2 bedrooms. Then a second structure, that is clearly a full shipping container, had 3 bedrooms, each with it’s own entrance. Having your own bedroom/living space allows some autonomy. I don’t know the cost of contruction, but I imagine it’s substantially less than traditional construction. Brilliant.

Pleasant Valley Village

The 3 houses featured at the second location are much more affordable. Priced in the 500 and 600 thousand range, these houses will sell quickly. I really like the idea of having the two price ranges. It is the Street of Dreams, and for nearly everyone, the dream is of owning a home. While the expensive homes are fun to look at, they are way outside of most people’s budgets. So having some affordable homes is a great idea. Having said that, I do wish there had been more than one builder represented. The 3 houses that are on the tour are all built by Holt Homes. They are essentially the model homes for a new subdivision. It felt a bit like just one huge advertisement for this builder.

I hope you have the ability to check out this year’s street of dreams. For more information, click here.

As always, thank you for reading The Blotter.

Dianne

Market Activity Aug 2-8, 2021

The market in LO is still red hot. A few weeks ago, right around July 4th, it felt like it may have slowed down a tad. Last weeks rush of new listings (20), pending sales (36!), and sold/closed properties (29) has proved that tad of a slow down was just July 4th distractions.

See below for RMLS data.

New Listings Aug 2-8, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #74Condo$235,00032.51351
3433 McNary Pkwy #302Condo$285,00022.51208
239 CervantesCondo$399,000221208
12848 Boones Ferry RdCondo$425,00022.51182
12826 Boones Ferry RdCondo$445,00022.51182
1700 Bonniebrae DrAttached$469,698331739
41 Oriole LnDetached$500,000221564
17830 Tualata AveDetached$595,000321373
17 Aquinas StDetached$599,900322139
19 Da Vinci StDetached$650,000321874
13366 Auburn CtAttached$750,00032.52492
16904 Cherry Crest AveDetached$759,000322167
1405 Greentree CircleDetached$775,00042.52146
48 SpinosaDetached$799,90043.52848
16750 Phantom Bluff CtDetached$899,000332267
5590 Luce LnDetached$995,000543530
3001 Southshore BlvdDetached$1,298,00032.53201
2950 Greentree RdDetached$1,495,00043.53691
1051 Forest Meadows WayDetached$4,149,00043.53691
12790 S Fielding RdDetached$5,600,00067.59124

Pending sales Aug 2-8, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #62Condo$204,95032.5135146
4 Cervantes CircleCondo$240,00021.591247
12 Cervantes CircleCondo$250,00021.59123
3886 Botticelli StCondo$315,00021.511324
482 S State St 3BCondo$374,00021165965
1 Peacock PlDetached$509,00032.5133630
4980 Galen StAttached$589,00022.5155228
4241 Cobb WayDetached$599,9503214848
1672 Highland DrDetached$699,9004218674
1620 Ash StDetached$720,0003222254
12 Morningview LnAttached$730,00032.527184
49 Da Vinci StDetached$739,00032235126
5466 Bay Creek DrDetached$789,0003325354
4 Sherwood CtDetached$795,00042.5287016
1580 Woodland TerDetached$835,00032.524304
18360 Tualata AveDetached$845,00052.527032
491 Country Club RdDetached$865,00042248683
14121 Redwood TerDetached$885,00043.5282724
19531 River Run DrDetached$899,90042.524405
15 El Greco StDetached$949,0004333284
1739 Palisades Terrace DrDetached$995,00042.5365411
14071 Sundeleaf DrDetached$999,0005326243
14002 Chelsea DrDetached$1,195,00042.5354732
127230 Adrian CtDetached$1,195,00042.5301424
5428 Royal Oaks DrDetached$1,200,00063.549947
14360 Uplands DrDetached$1,230,00043.5+.525775
17467 Westview DrDetached$1,275,00043.541194
2442 Palisades Crest DrDetached$1,598,00042.530714
3155 Upper DrDetached$1,599,0004332971
2165 Ridge Pointe DrDetached$1,995,00054474929
4480 Upper DrDetached$2,000,00043.534970
855 G AveDetached$2,000,00032.5371017
14500 Uplands DrDetached$2,495,00054.5+.5554474
1745 Southshore BlvdDetached$3,099,00044.55545128
1889 Highlands LoopDetached$5,499,00056.5683220
3328 Lakeview BlvdDetached$6,398,00045.5667518

Sold/Closed Aug 2-8, 2021

AddressTypeList PriceSold PriceSq FtCDOM
44 Eagle Crest Dr #1Condo$230,000$247,0009082
45 Eagle Crest Dr #409Condo$249,900$249,9001,2145
3882 Botticelli StCondo$289,000$287,000122420
5061 Foothills Dr CCondo$335,000$335,0009918
1509 Bonniebrae DrAttached$482,900$507,00017396
4222 Woodside CircleAttached$450,000$550,00015785
17850 Pilkington RdDetached$750,000$625,000322279
5051 Tualata LnDetached$714,900$640,000158137
6545 Childs RdDetached$600,000$650,00031341
186 D AveAttached$650,000$675,00016377
6227 Wayzata CtDetached$699,999$675,0001,2327
18426 Sandpiper WayDetached$688,000$705,00018845
3 SpinosaDetached$755,000$750,000261523
16921 Kara LnDetached$750,000$758,00023825
17802 Hillside WayDetached$838,000$790,000302623
2440 Overlook DrDetached$879,900$825,000385015
4099 Coltsfoot LnDetached$840,000$827,000316915
5675 Victoria CtDetached$825,000$885,00025634
2895 Suncreek DrDetached$749,000$910,00023795
17 Westridge DrDetached$875,000$935,000353311
19310 Riverwood LnDetached$999,000$1,092,00031921
17649 Woodhurst PlDetached$1,198,000$1,120,0003192103
2929 Glen Eagles RdDetached$1,100,000$1,300,00025274
13700 Knaus RdDetached$1,245,000$1,310,00026547
915 Cedar StDetached$1,550,000$1,520,00032193
4440 Upper DrDetached$1,899,000$1,850,000358342
18783 Stafford RdDetached$2,295,000$1,875,000147
197 Egan WayDetached$2,198,000$2,095,150676164
3183 Douglas CircleDetached$3,450,000$3,450,00055950

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 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.

Market Activity June 7-13, 2021

The weather is glorious and so is real estate in Lake Oswego. Last we we had 18 new listings, 24 properties move into pending status, and 22 closed sales. Of the 22 closed sales, just 3 sold for less than the asking price and most sold for significantly more that the asking price

See below for RMLS details

New Listings June 7-13, 2021

AddressTypePriceBRBathsSq Ft
16250 Pacific Hwy #48Condo$345,000221305
5225 Jean Rd #203Condo$359,900321400
750 1st St A10Condo$495,000221350
23 Falstaff StDetached$649,000321435
5 Becket StDetached$685,00042.53654
16624 RooseveltDetached$699,900322802
1959 Wembley PlDetached$745,000432128
16972 Greentree AveDetached$1,100,000432812
18711 Westview DrDetached$1,195,00043.53592
14511 Pfeifer DrDetached$1,250,00042.53422
18470 Ray Ridge DrDetached$1,499,00042.53902
18031 Meadowlark LnDetached$1,525,00043.53798
14088 Goodall RdDetached$1,625,00053.5+.54441
791 4th StDetached$1,675,000321568
3140 Douglas CircleDetached$1,799,97143.54333
1900 Northshore RdDetached$2,995,000533013
2088 Crest DrDetached$6,995,00046.58259
1226 Northshore RdDetached$7,000,00045.56330

Pending Sales June 7-13, 2021

AddressTypePriceBRBathsSq FtCDOM
4619 Lakeview BlvdCondo$205,000117538
4 Touchstone #123Condo$215,00032.5135126
4 Touchstone #124Condo$239,00032.5135122
45 Eagle Crest Dr #311Condo$245,0002210462
45 Eagle Crest Dr #28Condo$260,0003211612
19 Summit Ridge CtAttached$449,00022.5155811
5616 Childs RdDetached$495,0003112322
2710 SW Orchard Hill LnDetached$611,9003220874
20 PreaknessAttached$625,0003217905
16775 Westview DrDetached$629,0003218064
5357 Lakeview BlvdDetached$649,90042.518944
4771 Auburn LnAttached$679,00033.5218332
3 SpinosaDetached$755,00033261523
13041 Thoma RdDetached$770,00032.524184
13431 Vermeer DrDetached$774,50042.527012
9 Preakness CtDetached$849,9004337504
19001 Barton RdDetached$899,00042.5219413
1585 Patton RdDetached$915,0004333313
3250 Westview CtDetached$1,115,00053.53928208
18635 Westview DrDetached$1,150,0004551022
5774 Bay Point DrDetached$1,165,00052.5367425
5024 Dogwood DrDetached$1,195,00043.5326725
4640 Dogwood DrDetached$1,500,0004441429
13217 Amber Pl #1Detached$2,000,00043.53861474

Sold/Closed Sales June 7-13, 2021

AddressTypeList PriceSold PriceSq FtCDOM
49 Oswego SummitCondo$215,000$232,0007213
750 1st St E 28Condo$245,000$250,00090231
225 Cervantes Condo$319,000$319,000121621
3950 Carman DrCondo$345,000$400,00011013
1335 Laurel StDetached$529,000$571,00012483
338 Laurel StDetached$529,000$571,00013464
1127 Cedar StDetached$539,900$575,00018484
5785 Carman DrDetached$599,900$610,00019342
3722 Eleanor CtDetached$575,000$636,00011821
2633 SW Orchard Hill LnDetached$595,000$640,00021365
17473 Schalit WayDetached$619,900$662,2001,8124
5717 Langford LnDetached$675,000$685,0001800$4
18634 Bryant RdDetached$775,000$720,000285832
1401 Aspen StDetached$749,950$785,00028506
100 Leonard St 4-1Condo$965,000$950,00030215
13209 Twin Creek CtDetached$888,000$950,00030215
524 Weidman CtDetached$950,000$980,00034508
5737 Charles CircleDetached$899,000$1,025,00030884
69 Nansen SummitDetached$985,000$1,085,00031855
13906 Taylors Crest LnDetached$1,250,000$1,399,88838564
18262 Meadowlark LnDetached$1,799,000$1,725,000475740
584 Ridgeway RdDetached$4,398,000$4,398,00049963

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.

Plant Sale

I’m reversing the order of my blog posts this week. Usually the market activity report is posted first and then an editorial. However, this week I want you to have a heads up about a great even this Saturday, with time to get it onto your calendar.

This is the 97th year for the Lake Grove Garden Club’s annual sale. It will be this Saturday, the 19th of June, from 9 to noon, at Our Saviors Lutheran Church on Quarry Rd.

A wide variety of plants and garden objects will be offered, most at prices significantly less than you would find at garden stores. This is possible because the plants have been raised and cultivated by members of the club.

Proceeds go to community projects to beautify the neighborhoods, to protect heritage plants, and to a scholarship to support a student who attends Clackamas Community College in the horticulture program. Very worthwhile!

For me gardening is a salve to my soul. Digging in the dirt really is so calming, peaceful, and rewarding. I think it’s also cheaper than therapy!

Dianne

Lake Oswego Has Two New Parks

The livability of LO is just outstanding and it just go even better. We now have two brand new parks!.

Iron Mountain Park

Located on Iron Mountain Blvd right by The Hunt, this is a 51 acre park. There is plenty of parking, a covered picnic area, a play area for kids, and rest rooms. It’s beautifully landscaped using native species and with great care to preserve a wetlands that is part of the park. I can see spending summer evening picnicing and taking my Grandchildren to play and run around.

I think the thing I am most excited about is that the park serves as a trail for the Iron Hertage trail. There has long been a terrific trail that makes use of the old rail line that the iron was transported on from the mine near the top of Iron Mountain and down to where the ore was loaded into barges, and barged across the lake to find its final destination at the iron furnace in what is now George Rogers Park.

The Iron Heritage trail is a 3.4 mile loop that connects the new park to the Iron Mountain trail, then along several quiet residential streets to Springbook Park and then back to Iron Mountain Park. For a trail map click here.

Woodmont Natural Park

Located near the intersection of Atwater and Knaus Roads, this 6.8 acre park is lovely. There is a gravel path that meanders through the park. I’m not certain how long the path is, but I think it is likely close to half a mile or so. There is extensive native landscaping and places for picnicing. This park does not have a play structure for children, but it does have restrooms.

Quality of life is just super important to me and a key component of how I have chosen the community that I live in. I know I rave about how much I like LO, but it truly does keep getting better and better. These two new parks are a great addition!

As always, thanks for reading the blotter.

Dianne

Market Activity February 1-7, 2021

Inventory remains very low with only 7 new listings coming onto the market last week. This in comparison to 17 houses that went pending and 16 closed sales. In my mind, demand is about twice the available inventory. This is leading to multiple offer situations and, in many instances, houses selling for more than the asking price. It’s a fantastic time to put your house on the market!

See below for an explanation of the RMLS data.

New on the Market February 1-7, 2021

AddressTypePriceBRBathsSq Ft
4000 Carman Dr #47Condo$259,90022993
4320 Botticelli St #11Attached$309,90022.5+.52260
12645 Boones Ferry RdDetached$799,950523038
2318 Hillside LnDetached$899,99553.53258
5 Mountain View LnDetached$925,00053.53850
15420 Boones WayAttached$1,345,00032.53364
892 8th StDetached$1,450,00043.52872

Pending sales February 1-7, 2021

AddressTypePriceBRBathsSq FtCDOM
668 McVey Ave #44Condo$219,0001163680
1661 Woodland TerrDetached$729,00032.530822
16570 Inverurie RdDetached$799,000543218174
16715 Ford PLDetached$837,00032.531713
1216 Spruce StDetached$840,00032.52066101
17601 Woodhurst PlDetached$1,125,00042.531794
6485 Mission CtDetached$1,189,00043.5313367
1483 Woodland TerrDetached$1,199,9995431359
2120 Glenmorrie DrDetached$1,298,00043.542930
15444 Boones WayAttached$1,350,00032.534883
16233 Bonaire AveDetached$1,395,0005334601
4160 Lakeview BlvdDetached$1,598,00043.5+.539046
2230 Wembley Park RdDetached$1,785,00054.5460727
13585 Goodall RdDetached$1,900,00043.5428218
1132 Troon RdDetached$2,575,00043.54165101
16470 Phantom Bluff CtDetached$2,695,00044.5518811
1527 Lake Front RdDetached$3,999,00056.57220113

Sold/closed February 1-7, 2021

AddressTypeList PriceSold PriceSq FtCDOM
76 Cervantes CircleCondo$227,000$234,3009124
4000 Carman Dr C49Condo$315,000$325,0001,0045
937 Country Club RdDetached$503,500$427,000165091
456 5th StCondo$450,000$440,00010921
18964 Redwing WayDetached$549,950$580,000140624
4380 Douglas WayDetached$599,950$599,950136462
1771 Campus WayDetached$738,000$738,00032773
151 C AveAttached$775,000$765,0001934112
4890 Sage Hen CircleDetached$799,900$770,000283274
19428 Kokanee CtDetached$769,000$800,00027926
4264 West Bay RdDetached$799,000$800,00013082
5322 Carman Grove LnDetached$899,000$838,000261565
730 8th StDetached$865,000$901,00023954
2591 Palisades Crest DrDetached$1,219,000$1,0854916110
16234 Waluga DrDetached$1,395,000$1,340313086
136000 GoodallDetached$2,590,000$2,3506612206

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 Jan 18-24, 2021

The real estate market is really heating up. Buyers are out in hordes wanting to take advantage of the lowest interest rates in decades. They have gotten themselves pre-approved and are ready to go. The issue is, inventory is incredibly low. For every property that comes on the market, there are half a dozen buyers ready to buy. The result? Houses are selling fast, often with multiple offers. It is very much a sellers market. With multiple offers houses are frequently selling at or over the list price. So yes, this late winter and spring market truly is an amazing time to sell your house.

In Lake Oswego last week we had 6 properties come onto the market, 12 move into pending status with an accepted offer, and 16 closed sales.

See below for RMLS data and an explanation of this chart.

New on the Market Jan 18-24, 2021

AddressTypePriceBRBathsSq Ft
16250 Pacific Hwy #59Condo$319,000221305
2574 Palisades Crest DrDetached$975,00042.5+.54563
17311 Canyon DrDetached$1,099,500635376
667 Lake Bay CtDetached$1,899,90043.53616
1340 Cherry LnDetached$2,145,00044.5+.55922
16470 Phantom Bluff CtDetached$2,695,00044.55188

Pending sales Jan 18-24, 2021

AddressTypePriceBRBathsSq FtCDOM
5225 Jean Rd #510Condo$305,0002211005
456 5th StCondo$450,00021.510921
1238 Laurel StDetached$524,9003214852
1920 Southshore BlvdDetached$569,9003213138
6126 Frost LnDetached$749,0005324979
4264 West Bay RdDetached$799,0003213082
4850 Lower DrDetached$825,00043270011
2145 Summit DrDetached$1,000,00042.5+.5311148
975 Schukart LnDetached$1,198,00042.54449350
16234 Waluga DrDetached$1,349,00053.5313086
701 4th StDetached$1,450,00032.5278643
3735 Upper DrDetached$2,000,000444056137

Closed/Sold Jan 18-24, 2021

AddressTypeList PriceSold PriceSq FtCDOM
42 Cervantes CircleCondo$189,000$185,0009124
7200 Montauk CircleCondo$219,900$228,0009683
47 Eagle Crest Dr #62Condo$249,000$233,000102677
668 McVey Ave #85Condo$274,900$290,0009924
4047 Jefferson PkwyCondo$330,000$346,00012281
27 Bloch TerrAttached$425,000$442,00019723
15012 Twin Fir RdDetached$599,900$610,0003372
18861 Indian Springs CircleDetached$635,000$645,00016492
17012 Crestview DrDetached$699,000$699,00027504
5228 Lower DrDetached$850,000$839,9502723101
802 Clara CtDetached$850,000$875,00028863
3000 Brookside RdDetached$999,950$950,000160050
6 Essex CtDetached$998,000$998,000433842
5055 Lakeview BlvdDetached$1,298,000$1,245,000360728
1200 Lake Garden CtDetached$1,400,000$1,400,000334716
3509 Lanewood StDetached$1,799,000$1,790,9003830114

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.