This market activity report covers about 3 weeks of activity and serves as a really interesting snap shot of what happens to the real estate market over the holidays. During this period Lake Oswego had 10 new listings, 26 properties go into pending status, and 45 closed sales. I think that Linda and I both have said on numerous occasions that the real estate market keeps chugging along, even at Christmas. This market activity report does a nice job of bearing that out. 25 houses sold! Even more impressive, 45 sales closed! That’s a lot of houses. The weak spot is the number of new listings. It makes sense. If you want to sell your house, it’s simply more convenient to wait until the hub-bub of the holidays is over. But it also illustrates that perhaps this is exactly the perfect time to put your house on the market. The buyers are out there. They are looking at houses and making offers. With the inventory down, and the demand remaining, this is an excellent time to list your house for sale.
Following is the breakdown for you according to RMLS:
New on the Market (Dec 17, 2018-Jan 6, 2019)
| Address | Type | Price | BR | Baths | Sq Ft |
| 47 Eagle Crest Dr #37 | Condo | $134,900 | 1 | 1 | 672 |
| 4642 Lower Dr | Condo | $199,000 | 2 | 1.5 | 1260 |
| 16 Crestfield Ct | Condo | $199,900 | 1 | 1 | 552 |
| 66 Cervantes Circle | Condo | $225,000 | 2 | 1.5 | 912 |
| 200 Burnham Rd #103 | Condo | $233,000 | 1 | 1 | 800 |
| 5850 Kenny St | Detached | $309,000 | 3 | 1 | 1172 |
| 17156 Rebecca Ln | Detached | $545,000 | 4 | 2.5 | 2026 |
| 14425 Holly Springs Rd | Detached | $569,000 | 4 | 3 | 2238 |
| 18381 Heather Ann Ct | Detached | $880,000 | 4 | 2.5 | 2983 |
| 841 Northshore Rd | Detached | $1,549,000 | 3 | 3 | 2388 |
Pending Sales (Dec 17, 2018-Jan 6, 2019)
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 237 Cervantes | Condo | $195,000 | 2 | 1.5 | 1216 | 185 |
| 149 Oswego Summit | Condo | $199,900 | 2 | 2 | 1212 | 192 |
| 3433 McNary Pkwy #305 | Condo | $220,000 | 2 | 2.5 | 1208 | 58 |
| 199 Oswego Summit | Condo | $264,900 | 2 | 2 | 1506 | 93 |
| 247 Cervantes | Condo | $299,999 | 2 | 2 | 1384 | 131 |
| 16811 Lakeridge Dr | Detached | $358,000 | 4 | 2 | 1870 | 69 |
| 17510 Hill Way | Detached | $400,000 | 2 | 1 | 2032 | 5 |
| 16224 Lake Forest Blvd | Detached | $429,900 | 3 | 1.5 | 1300 | 10 |
| 17043 Crestview Dr | Detached | $499,000 | 4 | 2.5 | 2303 | 78 |
| 4546 Dogwood Dr | Detached | $500,000 | 2 | 1 | 1010 | 20 |
| 19220 Red Wing Ct | Detached | $504,900 | 3 | 2 | 1647 | 42 |
| 18440 Sandpiper Circle | Detached | $509,900 | 3 | 2 | 1447 | 166 |
| 13413 Vermeer Dr | Detached | $539,900 | 4 | 3.5 | 2529 | 172 |
| 5651 Windfield Loop | Detached | $569,500 | 2 | 2 | 1622 | 16 |
| 8 Hillshire Dr | Detached | $595,000 | 4 | 2.5 | 2848 | 76 |
| 15085 Glen Eagles Pl | Detached | $675,000 | 4 | 3 | 2956 | 4 |
| 12 Da Vinci St | Detached | $729,000 | 4 | 3 | 2959 | 158 |
| 17390 Grandview Ct | Detached | $875,000 | 4 | 4.5+.5 | 4502 | 292 |
| 16987 Alder Circle | Detached | $879,000 | 2 | 2.5 | 1991 | 407 |
| 17494 Lake Haven Dr | Detached | $1,100,000 | 2 | 2 | 2121 | 195 |
| 19376 Riverwood Ln | Detached | $1,299,900 | 3 | 2.5 | 3109 | 260 |
| 19155 Bryant Rd | Detached | $1,299,900 | 3 | 3.5 | 3371 | 6 |
| 1034 Bayberry Rd | Detached | $1,399,900 | 3 | 2.5 | 2746 | 17 |
| 3123 Douglas Circle | Detached | $1,549,000 | 5 | 3.5 | 3664 | 102 |
| 612 Cabana Ln | Detached | $2,350,000 | 4 | 4 | 3862 | 16 |
| 1657 Lake Front Rd | Detached | $2,395,000 | 4 | 3.5 | 3721 | 485 |
Sold/Closed (Dec 17, 2018-Jan 6, 2019)
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 86 Kingsgate Rd G202 | Condo | $179,500 | $140,000 | 849 | 91 |
| 44 Eagle Crest Dr #2 | Condo | $175,000 | $178,500 | 798 | 10 |
| 45 Eagle Crest Dr #413 | Condo | $204,900 | $186,000 | 1056 | 95 |
| 86 Kingsgate Rd A104 | Condo | $218,000 | $190,000 | 849 | 54 |
| 45 Eagle Crest Dr #305 | Condo | $199,900 | $190,000 | 1364 | 40 |
| 4 Touchstone #131 | Condo | $199,900 | $191,000 | 1351 | 29 |
| 15938 Quarry Rd B-4 | Condo | $219,500 | $212,000 | 991 | 120 |
| 6880 Montauk Circle | Condo | $220,000 | $214,000 | 924 | 65 |
| 15210 Boones Way | Condo | $249,900 | $249,900 | 1124 | 6 |
| 4043 Jefferson Pkwy | Condo | $289,900 | $252,000 | 1182 | 85 |
| 15230 Boones Way 1D | Condo | $295,000 | $256,000 | 1185 | 111 |
| 112 Touchstone Terr | Townhouse | $399,000 | $280,000 | 1952 | 37 |
| 5835 Carman Dr | Detached | $424,900 | $390,000 | 1650 | 215 |
| 6472 Dawn St | Detached | $399,950 | $405,000 | 1032 | 99 |
| 18133 Tualata Ave | Detached | $434,950 | $430,000 | 1440 | 34 |
| 16880 Cortez Ct | Detached | $489,900 | $430,800 | 2313 | 216 |
| 9 Bloch Terr | Townhouse | $424,900 | $432,400 | 1946 | 7 |
| 1425 Cedar St | Detached | $489,900 | $477,000 | 1669 | 52 |
| 17869 Lake Haven Dr | Detached | $475,000 | $500,000 | 2150 | 5 |
| 17411 Tree Top Ln | Detached | $649,000 | $500,000 | 2150 | 5 |
| 2182 Glenmorrie Dr | Detached | $485,000 | $501,000 | 1580 | 8 |
| 73 Condolea Way | Condo | $512,000 | $512,000 | 213 | 0 |
| 4596 Lamont Way | Detached | $535,000 | $513,500 | 2236 | 12 |
| 1878 Southshore Blvd | Detached | $595,000 | $533,000 | 2594 | 180 |
| 17802 Hillside Way | Detached | $585,000 | $539,900 | 3026 | 177 |
| 137 Kingsgate Rd | Detached | $549,000 | $540,000 | 2372 | 16 |
| 1508 Pine St | Detached | $579,900 | $545,000 | 2300 | 134 |
| 4141 Chapman Way | Detached | $565,000 | $585,000 | 2138 | 4 |
| 767 10th St | Detached | $799,900 | $625,000 | 2820 | 99 |
| 17965 Lake Haven Dr | Detached | $749,000 | $628,400 | 2764 | 173 |
| 18420 Deer Oak Ave | Detached | $675,000 | $649,000 | 2327 | 59 |
| 5687 La Mesa Ct | Detached | $649,900 | $649,900 | 2518 | 21 |
| 2981 Vale Ct | Detached | $748,900 | $706,500 | 3516 | 85 |
| 808 Ellis Ave | Detached | $725,000 | $722,500 | 2200 | 8 |
| 2972 Vale Ct | Detached | $750,000 | $725,000 | 3120 | 122 |
| 13459 Provincial Hill Way | Detached | $819,900 | $800,000 | 2896 | 63 |
| 161 Furnace St | Condo | $929,000 | $890,000 | 2134 | 82 |
| 1149 Cherry Ln | Detached | $937,500 | $937,500 | 3187 | 29 |
| 53 Eagle Crest Dr | Detached | $1,000,000 | $973,200 | 4918 | 216 |
| 16193 Matthew Ct | Detached | $995,000 | $974,000 | 4019 | 41 |
| 4743 Upper Dr | Detached | $1,165,000 | $1,079,000 | 3079 | 338 |
| 13575 Meadowcreek Ln | Detached | $1,239,000 | $1,159,500 | 3370 | 174 |
| 1175 Westward Ho Rd | Detached | $1,529,000 | $1,402,000 | 3547 | 135 |
| 1099 Terrace Dr | Detached | $2,150,000 | $1,445,000 | 4965 | 725 |
| 1075 Chandler Rd | Detached | $2,207,500 | $2,100,000 | 5710 | 140 |
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.