Benefit Concert for Hurricane Victims

Sally Harman and Frank Gruner will be conducting a benefit concert on October 20th to benefit the victims of Hurricane Helene.

Sally and Frank have been fixtures in the music scene in Lake Oswego for years. My daughter introduced me to Sally when she was attending Lakeridge Middle School. She’s now 38 years old, so that was some time ago. Sally did a lot of volunteering at the school and my daughter really connected with her.

She and Frank perform classical and Jazz. They are wonderful!

Attendees are asked to make donations to Hurrican Helene relief efforts.

The concert will be held at the United Methodist Church, 1855 Southshore Blvd, at 4:00pm on October 20th.

It will be a fun event and, hopefully, go a long way to help others in desperate need right now.

Dianne

Market Activity Sept 30-Oct 6

We are having the most beautiful fall weather. Cold, crisp mornings followed by pleasant and sunny afternoons. With all of the disastrous weather in other parts of the country, I am grateful to live in the Pacific Northwest.

Last week in Lake Oswego there were 11 new listings, one of which sold in just 1 day and appears as a pending sale in this report. There were 8 properties that accepted offers and are now pending. There were 15 closed sales.

See below for RMLS data.

New Listings Sept 30-Oct 6, 2024

AddressTypePriceBedroomsBathsSq Feet
44 Eagle Crest Dr #19Condo$245,00021908
25 Crestfield CtCondo$314,90022995
4000 Carman Dr D57Condo$319,90022836
5061 Foothills DrCondo$419,00022991
5225 Jean Rd #501Condo$445,000321500
4312 Botticelli St B8Attached$485,00022.52285
5754 Charles CirDetached$950,00032.52604
15459 Village DrDetached$1,499,00043.53049
15007 Twin Fir RdDetached$1,800,00043.53079
13560 Goodall Rd #7Detached$5,495,00045.55964

Pending Sept 30-Oct 6, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
100 Kerr Pkwy #36Condo$190,00011617155
2651 Lookout CtDetached$759,00052.5247262
17749 Leafy LnDetached$1,129,900433266106
5651 La Mesa CtDetached$1,170,00042.527181
1029 Laurel StDetached$1,175,00053.5320882
2366 Palisades Crest DrDetached$1,650,0004334228
1960 Mapleleaf RdDetached$2,145,00055.54099137
16819 Allen RdDetached$6,950,00043.5488259

Sold/Closed Sept 30-Oct 6, 2024

AddressTypeList PriceSold PriceSq FeetCDOM
4638 Lower DrCondo$310,000$307,500126045
110 Greenridge CtAttached$649,900$527,000286874
4324 Woodside CirAttached$579,000$579,00012105
454 5th StCondo$680,000$677,50010923
710 Timberline DrDetached$825,000$780,00026428
1419 Hemlock StDetached$850,000$793,000252044
610 Boca Ratan DrDetached$879,000$807,2642566115
1795 Oak StDetached$950,000$864,731363225
1620 Oak StDetached$950,000$946,00021523
14190 Amberwood CirDetached$1,000,000$1,000,00031540
4487 Westbay RdDetached$1,200,000$1,200,00018690
309 10th StDetached$1,200,000$1,200,00045200
5254 Westfield CtDetached$1,295,000$1,300,00033465
16337 Chapin WayDetached$2,600,000$1,990,0005115156
4688 Upper DrDetached$2,150,000$2,085,000396226

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 Week in Lake Oswego

Living in Lake Oswego is an experience of community. That’s why we post these little snippets of activities offered by various groups! Here are my picks for what to do this coming week in Lake Oswego:

Oct 7, 202410:30 AM ~ Early Childhood Music and Movement In Mandarin Chinese (Repeats on Mondays )- This outstanding program is for young learners ages 2-5 ranging from little or no to high levels of fluency in Mandarin. The series includes movement, play, instruments and stories and is sponsored by the Friends of the Lake Oswego Public Library and admission is free/first come/first served. 706 Fourth St, Lake Oswego ~   CLICK HERE

Tues, Oct 8 , 2024 – 2:30-4:30 PM ~ Slow Jam (Repeats Tuesdays) – Come & enjoy playing music with others! Bring your instrument and make some musical friends. – ACC, 505 G Avenue Lake Oswego More Info: CLICK HERE

Wed, Oct 9 – 5:30PM-7:00PMPM ~Happy Hour Yoga ~ The more the merrier at this yoga + wine event ~Millennium Park Plaza, Lake Oswego ~ More Info :  CLICK HERE

Thurs, Oct 10, 2024 – 6:00-7:00 PM ~Teen Advisory Board ~ Discuss volunteer projects and programming ideas (e.g. book groups, movie nights, etc.). ~ Lake Oswego Library ~  More Info :  CLICK HERE

Fri, Oct 11, 2024 – 7:00-9:00 PM ~ Living Well Dance featuring the Millennium Dance Band. ~ Come dance to music from the 30’s 40’s and 50’s with ballroom classics. All ages invited. $7.00 at the door. ~CCP, 1060 Chandler Rd~ More Info: CLICK HERE

Sat, Oct 12, 2024 – 3:00PM-4:00PM – Lego Club~ Imagine, build and create! Lego bricks provided. Recommended for ages K-5. Creations will be displayed for 2 weeks. ~ Lake Oswego Library, Childrens’ Library~ More Info : CLICK HERE

Market Activity ~ Sept 30-Oct 6, 2024

Last week Lake Oswego welcomed 12 properties into the marketplace, saw 5 move to Pending status and 12 that Sold/Closed.

Right now there are 219 properties available in Lake Oswego ranging from $185,000 to $11,900,000.

Here is the breakdown:

NEW Sept 30-Oct 6, 2024

AddressList PriceBedsBathsSFProp Type
44 EAGLE CREST DR #19$245,00021908CONDO
25 CRESTFIELD CT / Lower$314,90022995CONDO
4000 CARMAN DR, D57$319,90022836CONDO
5061 FOOTHILLS DR / Upper$419,00022991CONDO
4312 BOTTICELLI ST / B #8$485,00022.12285ATTACHD
4912 Hampton CT$799,95032.12039DETACHD
18100 BRYANT RD$1,050,00031.11804DETACHD
5651 LA MESA CT$1,170,00042.12718DETACHD
18440 DELENKA LN$1,350,00043.14696DETACHD
15459 VILLAGE DR$1,499,00043.13049DETACHD
15007 TWIN FIR RD$1,800,00043.13075DETACHD
13560 Goodall RD #7$5,495,00045.15964DETACHD

PENDING Sept 30-Oct 6, 2024

AddressList PriceBedsBathsSFProp TypeDays
4 TOUCHSTONE DR #147$330,00032.11351CONDO27
2651 LOOKOUT CT$759,00052.12472DETACHD62
1029 LAUREL ST$1,175,00053.13208DETACHD108
1960 MAPLELEAF RD$2,145,00055.14099DETACHD628
16819 ALLEN RD$6,950,00043.14882DETACHD59

SOLD/CLOSED Sept 30-Oct 6, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
4638 LOWER DR / Main$310,000$307,50021.11260CONDO45
110 GREENRIDGE CT$649,900$527,00032.12868ATTACHD74
4324 WOODSIDE CIR$579,000$579,000221210ATTACHD5
454 5TH ST$680,000$677,50021.11092CONDO3
710 TIMBERLINE DR$825,000$780,000432642DETACHD81
1795 OAK ST$950,000$864,73143.13632DETACHD25
14190 AMBERWOOD CIR$1,000,000$1,000,000433154DETACHD0
4487 WESTBAY RD$1,200,000$1,200,000321869DETACHD0
309 10TH ST$1,200,000$1,200,000534520DETACHD0
5254 WESTFIELD CT$1,295,000$1,300,00042.13346DETACHD5
16337 CHAPIN WAY$2,600,000$1,990,00054.15115DETACHD156
4688 UPPER DR$2,150,000$2,085,00043.13962DETACHD26
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 (***We’ve used “Days” in each category for ease of understanding) .

Selling During the Holidays

Here we are, at the start of the holiday season. This is a very unique time of the year to be selling your home. Decorations are being purchased and coming out of storage. It is festive and fun. If you are selling your home at this time of year, you need to be thoughtful about how you approach your decorating of your home.

If you want to decorate, please do.

I do believe that everyone enjoys holiday decor. Outside the leaves are falling and our yards are going dormant. We are spending more and more time indoors. This is true of you and it’s also true of the people who are touring homes to make a purchasing decision. With proper decorating, coming into your home and feeling the spirit of the holidays will help them to feel at home.

Don’t over do it.

Make your holiday decorating tasteful and not over powering. You don’t want to make the decorating the overwhelming experience so that potential buyers end up looking at the decorating and not at the house. Don’t allow the decorating to get in the way of free movement through the house. A Christmas tree that people have to maneuver around is a Christmas tree that is either too big or put in the wrong place. Don’t over crowd the front steps with pumpkins. Safety is important. Less can be more. Be very careful to not let it become overwhelming.

When the holiday is over, it’s over.

As soon as the holiday has passed, take everything down and put it away. Allowing decorations to linger is both distracting and annoying. There are a few exceptions to this. Greenery left at the front door remains tasteful for several weeks. Holiday twinkle lights that are not colored help brighten homes on dark days. But be careful about what you choose to keep up. 99% of holiday decor needs to be taken down.

This actually is a great time to sell a house. Particularly this year as interest rates are coming down. I also believe that people who shop for homes at this time of year are highly motivated.

Please let Linda or I know if you have any questions. We are here to be of help.

Dianne

Market Activity Sept 16-22, 2024

Fall is in the air with dropping temperatures at night and glorious sunny days. In my household, we are looking forward to the return of rain and fires in the fireplace. Oregon is gorgeous in the fall!

Market activity seems a bit slower. Last week in LO there were 13 new listings, 12 pending sales, and 8 closed sales. Even with things slowing down, the market remains balanced.

See below for RMLS data.

New on the Market Sept 16-22, 2024

AddressTypePriceBedroomsBathsSq Feet
174 Oswego SummitCondo$345,000221506
16500 Lake Forest BlvdDetached$549,90031960
6401 McEwan RdDetached$599,400321050
10 Greenridge CtAttached$630,000322063
4378 Collins WayDetached$679,000321716
4750 Auburn LnAttached$765,00033.52650
19 Churchill DownsDetached$925,000432175
17418 Brookhurst DrDetached$1,499,99943.54164
610 Atwater RdDetached$1,800,00042.53283
21 D Ave #5Condo$1,966,14022.51986
21 D Ave #3Condo$2,444,20022.52222
21 D Ave #4Condo$2,506,90022.52279
21 D Ave #16Condo$4,167,80022.53206

Pending Sept 16-22, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
16538 Carnegie AveDetached$554,00031.5118941
454 5th StCondo$680,00021.510924
4537 Heritage LnDetached$769,90032.5161962
13 Morningview CirDetached$839,00032.52519154
1 Windsor CtDetached$850,00032.5203867
16 Grouse TerDetached$875,00032.5262759
1701 Woodland TerDetached$887,00032.527296
4991 Centerwood StDetached$998,00042.5243378
3672 Tempest DrDetached$1,230,00033331759
1920 Park Forest AveDetached$1,350,00033286956
13869 Amberwood CirDetached$1,597,50042.5340524
2065 Lilli LnDetached$1,750,00063.5445739

Sold/Closed Sept 16-22, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
90 Galen StCondo$219,900$219,90055220
101 OswegoCondo$309,000$277,000121236
5225 Jean Rd #312Condo$415,000$400,000140049
1699 Village Park LnDetached$1,499,000$1,515,000308523
535 Middlecrest RdDetached$2,325,000$2,075,000287214
17443 Canal CirDetached$2,695,000$2,775,00031530
2430 Summit CtDetached$3,800,000$2,800,0003035128
18015 Cardinal DrDetached$3,849,900$3,500,0004119459

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.

Portland Area August 2024 Stats + LO

Here is your breakdown from the previous month/August for Portland and surrounding areas including LO broken out at the bottom. ***Be sure to check out the Neighborhood Report which categorizes down into smaller pieces.

Overview/Fluctuations ~ August 2024 Market Data:       

Prices were notably declining across much of the Portland area during August (see Neighborhood Report below), with a few exceptions mostly in outer metro areas. New Listings are down 8.7% from last year at this time, and Pending sales are down 6.3% from the previous month/July. Anecdotally, we’ve noticed Buyers & Sellers saying they’re holding off till the Fed lowers rates… ***which it just did*** by ½ point! It also announced another likely rate cut this year. I guess we’ll see if that spurs more activity for our usual upswing in the Fall. Inventory is rising consistently if slightly.

Rates: “The Federal Reserve is confident inflation is in check. Rates should be solidly in the 5’s soon!”.      Gary Boyer, Regional VP, Gold Star Mortgage Financial  

According to the RMLS Market Action Report for the Portland Metro Area August 2024:

  • There were 2,669 New Listings in August which is down 8.7% from 2,923 in August 2023 and down 8.1% from the 2,905 in the previous month/July.
  • At 1,957 August 2024’s Closed Sales (Solds) are down 9.2% from August 2023’s 2,155 and down 5.7% from the previous month’s total of 2,075.
  • At 2,052 August 2024’s Pending Sales (Accepted Offers) changed 0.0% from August 2023’s 2,053, and decreased 6.3% from the previous month/July’s total of 2,191.
  • The Average Sale Price for August 2024 of, $620,800 is up$12,500. from last year/August 2023’s $608,300, and down $2,100 from the p­­revious month/July’s $622,900. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in August 2024 of $555,000 is up $19,000 August 2023’s $536,000, & up $5,000 from July’s $550,000    

LAKE OSWEGO: (Month of August ’24)

329 Active Listings (July 337)
127 New Listings  (July 169)
92 Pending Sales (July 116)
99 Closed Sales  (July 104)
Average Sale Price for August: $1,050,500 (July $1,156,200)
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.
52 Days on the Market   (July 74)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ Sept 9-15, 2024

Last week Lake Oswego saw 14 properties enter the market (New), 19 move to Pending status, and 14 that Sold/Closed. Right now there are 221 properties available ranging from $190,000 to $11,900,000.

It’ll be interesting to see how activity changes, if it does, now that the Fed has lowered by 1/2 a point, and announced it would again before the end of the year. It seems a lot of people have been waiting for this news.

Here is the breakdown:

New Sept 9-15, 2024

AddressList PriceBedsBathsSFProp Type
86 KINGSGATE RD, E102$258,80022924CONDO
317 CERVANTES / Grnd$359,000221209CONDO
668 MCVEY AVE #80$435,00021.1992CONDO
454 5TH ST$680,00021.11092CONDO
1355 HALLINAN ST$729,000321482DETACHD
2251 FERNWOOD CIR$829,900632704DETACHD
1701 WOODLAND TER$887,00032.12729DETACHD
4737 Lakeview BLVD$949,00042.12673DETACHD
309 10TH ST$1,200,000534520DETACHD
3190 RAINBOW DR$1,329,00032.13385DETACHD
5225 FIRWOOD RD$1,575,00042.13240DETACHD
580 8TH ST$1,695,000431788DETACHD
490 G AVE$2,199,90043.12977DETACHD
17550 LAKE HAVEN DR$2,999,000433403DETACHD

PENDING Sept 9-15, 2024

AddressList PriceBedsBathsSFProp TypeDays
100 KERR PKWY #8$159,95011617CONDO25
100 Kerr PKWY #24$207,00011617CONDO46
63 OSWEGO / Main$218,00011764CONDO96
86 KINGSGATE RD, E102$258,80022924CONDO2
4000 CARMAN DR, A4$275,00011836CONDO81
1355 HALLINAN ST$729,000321482DETACHD2
17681 LEAFY LN$775,000532242DETACHD19
1419 HEMLOCK ST$799,000532520DETACHD44
16411 SW LAKE FOREST BLVD$799,900322180DETACHD10
15900 TWIN FIR RD$845,000332256DETACHD7
3 SCARBOROUGH DR$950,000543778DETACHD121
1272 HIDE A WAY CT$1,025,000431816DETACHD91
309 10TH ST$1,200,000534520DETACHD0
17814 MARYLCREEK DR$1,295,00053.14429DETACHD86
4874 SAGE HEN CIR$1,300,00042.12813DETACHD29
171 5TH ST$1,399,900422367DETACHD10
17160 WALL ST$1,829,000533305DETACHD86
768 7TH ST$1,895,00033.12921DETACHD22
3585 Sunwood CT$2,249,900443853DETACHD4

SOLD/CLOSED Sept 9-15, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
47 EAGLE CREST DR #20$297,000$297,000211009CONDO23
1784 BONNIEBRAE DR$495,000$495,00021.11393ATTACHD5
127 ASH ST$824,900$575,00052.13211DETACHD142
5170 LAKEVIEW BLVD$695,000$650,000321771DETACHD103
4421 UPPER DR$639,000$650,00031.11176DETACHD2
4980 CENTERWOOD ST$730,000$731,083321904DETACHD4
5379 GREYSTOKE DR$830,000$830,000321917DETACHD6
26 Morningview CIR$1,175,000$960,000343228DETACHD60
3060 GLENMORRIE DR$1,699,000$1,250,000324183DETACHD68
2060 INDIAN TRAIL$1,575,000$1,500,00032.12381DETACHD23
137 FURNACE ST / Upper$1,595,000$1,595,000321927CONDO76
16873 CANYON DR$2,350,000$2,200,000543789DETACHD42
1551 LAKE FRONT RD$3,850,000$3,875,00053.13519DETACHD45
14062 GOODALL RD$5,250,000$4,950,00056.27365DETACHD4
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 (***We’ve used “Days” in each category for ease of understanding) .

A Trip Down Memory Lane

This gem turned up on my Facebook feed today: a boat tour of Oswego Lake circa 1987. Much remains (Lake Corporation Building, Jansen Island, The Cabanas), but so much has changed. Most of the tiny houses have been replaced by large mansions. It’s a fun visit to see how it was.

Market Activity September 2-8, 2024

Last week in Lake Oswego there were 17 properties that came onto the market. Of those, 3 sold quickly and appear in this report as pending sales. There were a total of 17 pending sales and 11 that completed escrow and now considered to be sold. Again, the market remains very balanced.

See below for RMLS data.

New on the Market September 2-8, 2024

AddressTypePriceBedroomsBathsSq Feet
45 Eagle Crest Dr #313Condo$249,90021.5+.51056
4 Touchstone #117Condo$285,00022984
4 Touchstone #147Condo$349,95032.51351
4055 Jefferson PkwyCondo$379,90032.51210
6313 Alyssa TerrAttached$500,00032.51534
27 Oriole LnDetached$675,00042.51851
5316 Lower DrDetached$775,00042.52016
23 Tanglewood DrDetached$849,90052.52522
855 Palisades Terrace DrDetached$859,99942.52221
1507 Cedar StDetached$1,249,00032.52590
111 Ladd StDetached$1,250,00032.52303
5718 Meadowcreek CtDetached$1,580,000543024
3131 Westview CtDetached$1,986,00044.54597
310 Chandler PlDetached$2,595,00043.53909

Pending Sales September 2-8, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
4638 Lower DrCondo$299,90021.5126045
101 OswegoCondo$300,00022121236
4652 Lower DrAttached$395,00021.5117023
5225 Jean Rd #312Condo$415,00022140049
110 Greenridge CtAttached$549,90032.5286874
4324 Woodside CirAttached$579,0002212105
1419 Greentree CirDetached$694,0004322506
45 Hillshire DrDetached$749,90032.5201671
610 Boca Ratan DrDetached$839,000422566115
4661 Trillium WoodsAttached$925,00032.5226531
14190 Amberwood CirDetached$1,000,0004331540
5552 Yorkshire PlDetached$1,150,00042.526379
15203 Lily Bay CtDetached$1,350,00042.532164
2990 Glen Eagles RdDetached$1,495,00042.537873
17288 Cedar RdDetached$2,595,00033426775
17930 Kelok RdDetached$3,149,90053.5+.5471541
1031 Sunningdale RdDetached$4,400,00055.5532237





Sold/Closed September 2-8, 2024

AddressTypeList PriceSold PriceSq FeetCDOM
220 Cervantes CCondo$329,500$329,500137817
86 Kingsgate Rd C-201Condo$345,000$345,0009384
668 McVey Ave #58Condo$835,000$650,000992137
32 Nova CtDetached$649,900$655,00021901
2405 Knaus RdDetached$785,000$695,000168544
18421 Indian Creek DrDetached$748,000$748,000183613
13551 Southwood CtDetached$1,175,000$1,090,000321756
17129 Kelok RdDetached$2,395,000$2,100,000289619
1237 Lake Front RdDetached$2,795,000$2,769,000337820
2260 Summit CtDetached$3,495,000$2,872,5003797390
17227 Canal CirDetached$4,450,000$3,519,0004720176

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.