Lake Oswego really does put on a show for the 4th of July. From the annual pancake breakfast to the afternoon parade, the city decks itself out and goes all in. I thought this photo was nicely representative of what the town looks like. This does not even begin to show off the annual fireworks display. Wow! It was amazing this year! LO is a special place, but on the 4th of July it really shines.
And now for the Market Activity Report.
Last week in Lake Oswego there were 20 new listings, 25 properties that went into pending status, and 18 sold/closed sales. I also saw an uptick in “refreshed” listings. This happens when a house sits on the market for a period of time. The property will be taken off the market and then put on again as an entirely new listing. This draws attention to it in property searches so it is very effective, but it is not a new listing. This always happens in the market and over the last few years I’d say that I’ve consistently seen a few each week. But last week there were 9. I see this as another indication that the market is slowing just a tad. It is still a seller’s market, but it’s not as over heated as it was a year ago.
Following is the breakdown for you according to RMLS:
New on the Market (June 26-July 2, 2017)
Address | Type | Price | BR | Baths | Sq Ft |
1220 Pine St | Detached | $467,500 | 4 | 2 | 2123 |
668 McVey Ave #31 | Condo | $484,900 | 3 | 1.5 | 992 |
5862 Langford Ln | Detached | $540,000 | 2 | 2 | 1506 |
19050 Pilkington Rd | Detached | $569,000 | 3 | 3 | 1992 |
316 4th St | Attached | $585,000 | 2 | 2.5 | 1731 |
1991 Greentree Rd | Detached | $645,000 | 4 | 3 | 2655 |
1682 Fircrest Dr | Detached | $660,000 | 4 | 2.5 | 2304 |
1161 Sunningdale Rd | Detached | $699,900 | 3 | 2.5 | 2324 |
4019 Orchard Dr | Detached | $759,900 | 3 | 2.5 | 2748 |
13354 Twin Creek Ln | Detached | $799,900 | 5 | 2.5 | 3134 |
1418 Maple St | Detached | $825,000 | 3 | 2.5 | 2,066 |
4350 Albert Circle | Detached | $875,000 | 5 | 3.5 | 3175 |
17479 Brookhurst Dr | Detached | $885,000 | 3 | 2.5 | 3551 |
5501 Rachel Ln | Detached | $929,800 | 4 | 2.5+.5 | 3509 |
1627 Village Park Ln | Detached | $945,000 | 4 | 3.5 | 3203 |
1055 Country Club Rd | Detached | $950,000 | 3 | 2 | 2908 |
3525 Upper Dr | Detached | $1,299,900 | 4 | 3.5 | 3320 |
1350 Ridgecrest Dr | Detached | $1,395,000 | 5 | 3 | 3534 |
1135 Lake Front Rd | Detached | $2,350,000 | 4 | 3.5 | 4194 |
4175 Southshore Blvd | Detached | $4,999,999 | 4 | 4.5 | 6332 |
Pending Sales (June 26-July 2, 2017)
Address | Type | Price | BR | Baths | Sq Ft | CDOM |
86 Kingsgate Rd A204 | Condo | $169,500 | 2 | 2 | 849 | 24 |
75 Galen St | Condo | $210,000 | 2 | 2 | 989 | 4 |
48 Eagle Crest Dr 1E | Condo | $229,900 | 2 | 2 | 1370 | 6 |
189 Oswego Summit | Condo | $255,000 | 2 | 2 | 1383 | 5 |
5056 Foothills Dr | Condo | $324,900 | 3 | 2 | 1252 | 7 |
1705 Conifer Dr | Detached | $425,000 | 3 | 1.5 | 1774 | 65 |
30 Becket St | Detached | $489,900 | 3 | 2 | 2077 | 2 |
11 Saint Helens Circle | Detached | $514,000 | 3 | 2.5 | 1904 | 6 |
804 4th St | Detached | $530,000 | 3 | 1.5 | 1396 | 5 |
1121 Devon Ln | Detached | $535,000 | 5 | 3 | 2968 | 100 |
14424 Doris Ave | Detached | $539,000 | 4 | 1.5 | 1700 | 31 |
76 Tanglewood Dr | Detached | $539,500 | 4 | 3 | 2801 | 14 |
16005 Inverurie Rd | Detached | $569,000 | 4 | 2 | 2147 | 6 |
5901 Langford Ln | Detached | $575,000 | 3 | 3 | 1921 | 6 |
7 Preakness Ct | Detached | $580,000 | 4 | 2.5 | 2896 | 11 |
5192 Coventry Ct | Detached | $629,900 | 4 | 2.5 | 2259 | 9 |
14377 Camden Ln | Detached | $679,900 | 4 | 2.5 | 2530 | 4 |
17323 Lake Haven Dr | Detached | $699,000 | 3 | 2.5 | 1864 | 53 |
264 D Ave | Attached | $759,000 | 3 | 2.5 | 2011 | 56 |
4871 Centerwood St | Detached | $765,000 | 4 | 3 | 2640 | 6 |
2325 Park Rd | Detached | $875,000 | 4 | 2.5 | 2405 | 4 |
4 Dover Way | Detached | $970,000 | 5 | 2.5 | 3962 | 36 |
731 F Ave | Detached | $975,000 | 4 | 2.5 | 2668 | 60 |
4723 Lamont Way | Detached | $1,020,000 | 4 | 3 | 3043 | 47 |
13961 Knaus Rd | Detached | $3,000,000 | 4 | 4.5+.5 | 6614 | 77 |
Sold/Closed (June 26-July 2, 2017)
Address | Type | List Price | Sold Price | Sq Ft | CDOM |
1666 Boca Ratan Dr | Attached | $340,000 | $355,000 | 1611 | 7 |
15 Britten Ct | Attached | $395,000 | $399,900 | 1,972 | 5 |
1010 Hallinan St | Detached | $449,900 | $455,000 | 1,225 | 4 |
1108 Cedar St | Detached | $489,900 | $475,000 | 1206 | 11 |
5189 Tree St | Detached | $549,900 | $515,000 | 1470 | 49 |
1710 Meadows Dr | Detached | $545,000 | $545,000 | 1677 | 4 |
15655 Twin Fir Rd | Detached | $575,000 | $575,000 | 2095 | 0 |
1004 Cumberland Pl | Detached | $639,000 | $595,000 | 3313 | 21 |
16872 Canyon Dr | Detached | $689,900 | $665,000 | 4069 | 30 |
12844 Sierra Vista Dr | Detached | $660,000 | $667,000 | 2592 | 3 |
18034 Westview Dr | Detached | $715,000 | $688,500 | 3562 | 43 |
654 1st | Condo | $729,000 | $725,000 | 2140 | 16 |
4665 Firwood Rd | Detached | $969,000 | $969,000 | 2541 | 2 |
3151 Alder Spring Ct | Detached | $999,950 | $985,000 | 3802 | 29 |
3938 Edens Edge Dr | Detached | $1,019,000 | $1,005,000 | 3882 | 36 |
18820 Greenbluff Dr | Detached | $1,485,000 | $1,250,000 | 5570 | 286 |
17345 Bergis Farm Dr | Detached | $1,479,000 | $1,469,000 | 5199 | 388 |
1021 Lake Shore Rd | Detached | $2,398,000 | $2,000,000 | 3487 | 1191 |
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.