Last week in Lake Oswego there were 15 new listings that came onto the market, 25 that accepted contracts and went into pending status, and 22 sold/closed sales. I always look for what my take away is when I do this. What I noted this week is how many of the pending and sold properties had been on the market for more than 100 days. 11 of the 25 that went pending, and 8 of the 22 that closed. I think this continues to be a refection of the low inventory. After such extended market time sellers rarely get the asking price, but buyers also hate to haggle over price. With many of these houses selling, I think it indicates the buyers are ready to do some negotiating because the house may be over priced, but it remains a good option with so few houses for sale.
Following is the breakdown for you according to RMLS:
New on the Market (Feb 26-March 4, 2018)
| Address | Type | Price | BR | Baths | Sq Ft |
| 58 Galen St | Condo | $164,000 | 1 | 1 | 689 |
| 3433 McNary Pkwy #405 | Condo | $198,000 | 2 | 2.5 | 1208 |
| 45 Eagle Crest Dr #510 | Condo | $250,000 | 1 | 1 | 780 |
| 16250 Pacific Hwy #76 | Condo | $360,000 | 3 | 2 | 1745 |
| 3912 Carman Dr | Condo | $399,900 | 3 | 2.5 | 1326 |
| 200 Burnham Rd #211 | Condo | $450,000 | 3 | 2 | 1862 |
| 121 3rd St | Condo | $499,000 | 2 | 2 | 1065 |
| 120 Condolea Dr | Attached | $599,900 | 3 | 3 | 2958 |
| 13602 Provincial Hill Way | Detached | $675,000 | 3 | 2.5 | 2420 |
| 14145 Redwood Ct | Detached | $675,000 | 4 | 3 | 2558 |
| 4198 Glacier Lily St | Detached | $724,900 | 4 | 3 | 2806 |
| 17668 Woodhurst Pl | Detached | $895,000 | 4 | 2.5 | 4281 |
| 19320 Lorna Ln | Detached | $1,199,000 | 4 | 3.5 | 4192 |
| 149 Pine Valley Rd | Detached | $1,450,000 | 4 | 2.5 | 3220 |
| 17442 Ridgeview Ln | Detached | $1,475,000 | 4 | 3.5+.5 | 5063 |
Pending Sales (Feb 26-March 4, 2018)
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 103 Oswego Summit | Condo | $199,900 | 2 | 1.5 | 1116 | 42 |
| 3433 McNary Pkwy #806 | Condo | $214,900 | 2 | 2.5 | 1136 | 203 |
| 4 Touchstone #130 | Condo | $215,000 | 2 | 2 | 984 | 5 |
| 4000 Carman Dr A11 | Condo | $249,900 | 2 | 2 | 869 | 18 |
| 3802 Botticelli St | Condo | $280,000 | 3 | 2 | 1224 | 26 |
| 18440 Carnegie Ave | Detached | $379,900 | 3 | 1.5 | 1182 | 267 |
| 466 5th St | Condo | $389,000 | 2 | 1.5 | 1092 | 71 |
| 47 Condolea Ct | Condo | $400,000 | 2 | 2.5 | 2157 | 1 |
| 4470 Golden Ln | Condo | $459,000 | 3 | 3.5 | 2102 | 3 |
| 1515 Cloverleaf Rd | Detached | $495,000 | 3 | 2.5 | 2206 | 7 |
| 1895 Greentree Rd | Detached | $549,500 | 4 | 3 | 2861 | 139 |
| 17790 Overlook Circle | Detached | $590,000 | 3 | 3 | 3480 | 22 |
| 17360 Hunter Ct | Detached | $645,900 | 4 | 2.5 | 3272 | 178 |
| 16977 Cherry Crest Dr | Detached | $649,900 | 4 | 2.5 | 3002 | 236 |
| 2401 Mayors Ln | Detached | $649,900 | 4 | 3 | 3004 | 1111 |
| 4729 Lakeview Blvd | Detached | $679,000 | 3 | 2.5 | 2551 | 75 |
| 13171 Sandalwood Ct | Detached | $685,000 | 4 | 2.5 | 3325 | 50 |
| 4745 Cambridge Ct | Attached | $699,900 | 2 | 2.5 | 3171 | 145 |
| 17110 Lowenberg Terr | Detached | $749,000 | 4 | 2.5 | 2732 | 145 |
| 4933 Lakeview Blvd | Detached | $996,000 | 4 | 3 | 3988 | 226 |
| 4591 Dogwood Dr | Detached | $1,100,000 | 4 | 3.5 | 4177 | 6 |
| 1144 Bayberry Rd | Detached | $1,449,000 | 5 | 3 | 3523 | 6 |
| 17104 Cedar Rd | Detached | $1,599,000 | 3 | 3 | 3345 | 163 |
| 13705 Knaus Rd | Detached | $1,848,000 | 4 | 3.5 | 5339 | 625 |
Sold/Closed (Feb 26-March 4, 2018)
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 86 Kingsgate Rd C202 | Condo | $175,000 | $225,000 | 924 | 39 |
| 5225 Jean Rd #313 | Condo | $270,000 | $265,000 | 1,200 | 155 |
| 1776 Bonniebrae Dr | Townhouse | $331,000 | $313,950 | 1,525 | 17 |
| 15494 Brianne Ct | Attached | $335,000 | $336,500 | 1250 | 2 |
| 4000 Carman Dr #49 | Condo | $350,000 | $360,000 | 1004 | 4 |
| 17755 Overlook Ln | Detached | $529,900 | $404,000 | 3198 | 131 |
| 19241 Longfellow Ave | Detached | $439,900 | $450,000 | 1188 | 3 |
| 16150 Lake Forest Blvd | Detached | $524,900 | $527,000 | 2302 | 4 |
| 1601 Woodland Terrace | Detached | $609,900 | $547,000 | 2594 | 126 |
| 780 Briercliff Ln | Detached | $599,900 | $550,000 | 2502 | 97 |
| 21 Masaryk St | Detached | $615,000 | $565,000 | 2773 | 80 |
| 1033 Spruce St | Detached | $575,000 | $576,000 | 1623 | 6 |
| 17420 Schalit Way | Detached | $749,000 | $675,000 | 2823 | 150 |
| 5925 Sunbrook Dr | Detached | $699,000 | $690,000 | 3540 | 43 |
| 5693 Victoria Ct | Detached | $790,000 | $690,000 | 3540 | 43 |
| 18336 Tamaway Dr | Detached | $745,000 | $745,000 | 3372 | 6 |
| 803 Clara Ct | Detached | $769,000 | $759,000 | 2857 | 54 |
| 17421 Brookhurst Dr | Detached | $779,000 | $785,000 | 3756 | 10 |
| 18440 Delenka Ln | Detached | $799,900 | $785,000 | 4668 | 234 |
| 13644 Melrose Pl | Detached | $869,000 | $810,000 | 3564 | 154 |
| 19419 East Side Rd | Detached | $1,300,000 | $1,190,000 | 4682 | 134 |
| 1316 Cedar St | Detached | $935,000 | $825,000 | 3140 | 257 |
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.