The winter break is such a breath of fresh air. We all get to slow down a bit and enjoy our home hearth with our family and our friends. Thank you all for being readers of the blotter, and for allowing Linda and I to take a break for a couple of weeks. But now we are back at it. The market is healthy and strong and we are gearing up for the late winter and spring housing market.
I don’t think that there has ever been a better time to put a house on the market. Truly, list now if you are planning to sell. The inventory is very, very low. The Federal Reserve has announced that they intend to impliement several interest rate increases in the coming year and there are hordes of buyers wanting to buy before that happens. This is a GREAT time to list a house!
Looking at the numbers in real estate for Lake Oswego in the last two weeks we saw just 3 new listings, 10 houses go into pending status, and 25 sold/closed properties.
See below for more RMLS data.
New Listings Dec 20, 2021-Jan 2, 2022
| Address | Type | Price | BR | Baths | Sq Ft |
| 45 Eagle Crest Dr #311 | Condo | $285,000 | 2 | 2 | 1046 |
| 1247 Cedar St | Detached | $550,000 | 3 | 2 | 2022 |
| 302 Laurel St | Detached | $679,000 | 3 | 2 | 1907 |
Pending Dec 20, 2021-Jan 2, 2022
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 572 S State St 8C | Condo | $319,900 | 2 | 1 | 914 | 47 |
| 4000 Carman Dr #92 | Condo | $349,000 | 2 | 2 | 999 | 12 |
| 16191 Lake Forest Blvd | Detached | $500,000 | 3 | 1 | 864 | 14 |
| 6317 Carman Dr | Detached | $599,000 | 3 | 1.5 | 1344 | 78 |
| 4966 Galen St | Detached | $600,000 | 3 | 2 | 1699 | 5 |
| 2320 Glen Haven Rd | Detached | $649,000 | 3 | 1.5 | 1346 | 1 |
| 52 Northview Ct | Attached | $649,900 | 3 | 2.5 | 2198 | 54 |
| 6472 Dawn St | Detached | $650,000 | 3 | 2 | 1032 | 110 |
| 1118 Oak St | Detached | $650,000 | 3 | 1.5 | 1320 | 12 |
| 115 Touchstone Terr | Attached | $670,000 | 4 | 3.5 | 2560 | 79 |
Sold/Closed Dec 20, 2021-Jan 2, 2022
| Address | Type | List Price | Sold Price | Sq Feet | DOM |
| 9 Oswego Summit | Condo | $218,000 | $218,000 | 764 | 6 |
| 44 Eagle Crest DR #36 | Condo | $250,000 | $248,500 | 903 | 3 |
| 4000 Carman Dr G108 | Condo | $249,000 | $271,500 | 767 | 3 |
| 59 Oswego Summit | Condo | $295,000 | $295,000 | 1140 | 2 |
| 7155 Childs Rd | Condo | $278,000 | $300,000 | 916 | 4 |
| 86 Kingsgate Rd E103 | Condo | $355,000 | $355,000 | 924 | 66 |
| 17347 Ashley Ct | Attached | $650,000 | $645,946 | 2117 | 34 |
| 16989 Tualatin St | Detached | $690,000 | $650,000 | 1491 | 50 |
| 4104 Lakeview Blvd | Detached | $849,000 | $722,000 | 2244 | 87 |
| 13470 Peters Rd | Attached | $799,500 | $827,000 | 2324 | 4 |
| 1407 Greentree Circle | Detached | $835,000 | $876,000 | 2201 | 3 |
| 4080 Coltsfoot Ln | Detached | $899,900 | $884,900 | 2884 | 11 |
| 365 3rd St | Attached | $899,000 | $910,000 | 2154 | 3 |
| 17288 Blue Heron Rd | Detached | $1,775,000 | $1,050,000 | 4128 | 405 |
| 755 Ellis Ave | Detached | $829,000 | $1,100,000 | 2248 | 5 |
| 3777 Rivers Edge Dr | Detached | $1,095,000 | $1,100,000 | 2875 | 6 |
| 18168 Westminster Dr | Detached | $1,099,000 | $1,150,000 | 4220 | 5 |
| 14405 Pfeifer Dr | Detached | $1,250,000 | $1,250,000 | 3853 | 4 |
| 828 7th St | Detached | $1,250,000 | $1,400,000 | 2418 | 4 |
| 1300 Tyndall Ct | Detached | $1,299,950 | $1,400,888 | 2418 | 4 |
| 5918 Seville Ave | Detached | $1,289,800 | $1,405,345 | 1776 | 24 |
| 2245 Glen Haven Rd | Detached | $1,950,000 | $1,950,000 | 3830 | 9 |
| 637 Englewood Dr | Detached | $2,825,000 | $2,695,000 | 4231 | 19 |
| 2101 Wembley Park Rd | Detached | $2,750,000 | $2,700,000 | 4710 | 19 |
| 1101 Crestline Ct | Detached | $3,695,000 | $2,775,000 | 7226 | 415 |
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