Market Activity Dec 20, 2021-Jan 2, 2022

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

AddressTypePriceBRBathsSq Ft
45 Eagle Crest Dr #311Condo$285,000221046
1247 Cedar StDetached$550,000322022
302 Laurel StDetached$679,000321907

Pending Dec 20, 2021-Jan 2, 2022

AddressTypePriceBRBathsSq FtCDOM
572 S State St 8CCondo$319,9002191447
4000 Carman Dr #92Condo$349,0002299912
16191 Lake Forest BlvdDetached$500,0003186414
6317 Carman DrDetached$599,00031.5134478
4966 Galen StDetached$600,0003216995
2320 Glen Haven RdDetached$649,00031.513461
52 Northview CtAttached$649,90032.5219854
6472 Dawn StDetached$650,000321032110
1118 Oak StDetached$650,00031.5132012
115 Touchstone TerrAttached$670,00043.5256079

Sold/Closed Dec 20, 2021-Jan 2, 2022

AddressTypeList PriceSold PriceSq FeetDOM
9 Oswego SummitCondo$218,000$218,0007646
44 Eagle Crest DR #36Condo$250,000$248,5009033
4000 Carman Dr G108Condo$249,000$271,5007673
59 Oswego SummitCondo$295,000$295,00011402
7155 Childs RdCondo$278,000$300,0009164
86 Kingsgate Rd E103Condo$355,000$355,00092466
17347 Ashley CtAttached$650,000$645,946211734
16989 Tualatin StDetached$690,000$650,000149150
4104 Lakeview BlvdDetached$849,000$722,000224487
13470 Peters RdAttached$799,500$827,00023244
1407 Greentree CircleDetached$835,000$876,00022013
4080 Coltsfoot LnDetached$899,900$884,900288411
365 3rd StAttached$899,000$910,00021543
17288 Blue Heron RdDetached$1,775,000$1,050,0004128405
755 Ellis AveDetached$829,000$1,100,00022485
3777 Rivers Edge DrDetached$1,095,000$1,100,00028756
18168 Westminster DrDetached$1,099,000$1,150,00042205
14405 Pfeifer DrDetached$1,250,000$1,250,00038534
828 7th StDetached$1,250,000$1,400,00024184
1300 Tyndall CtDetached$1,299,950$1,400,88824184
5918 Seville AveDetached$1,289,800$1,405,345177624
2245 Glen Haven RdDetached$1,950,000$1,950,00038309
637 Englewood DrDetached$2,825,000$2,695,000423119
2101 Wembley Park RdDetached$2,750,000$2,700,000471019
1101 Crestline CtDetached$3,695,000$2,775,0007226415

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

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