This first full week in the New Year we had only ONE property go on the market in Lake Oswego, and that one is a major fixer/possible rebuild over by George Rogers Park (per the Listing). In my Master’s Group, Realtors are begging each other to list the properties they have in their pockets. My guess is that Sellers are seeing the news of Omicron likely hitting peak soon to then taper off… and so are holding on a bit longer. IMHO there may be a flood of new properties hitting the market in the near future, and anyone in their right mind ought to list their property *now*. All in all, if you’re Buying… hold ‘yer horses! Things will change soon.
There were 11 properties that moved to Pending status and 16 that Closed/Sold last week as well. Right now there are 38 homes available in Lake Oswego.
Here is the data according to RMLS:
NEW Jan 3-9, 2022
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 143 CHURCH ST | $700,000 | 2 | 1 | 1220 | DETACHD |
PENDING Jan 3-9, 2022
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 200 SW Burnham RD, #203 | $299,000 | 2 | 1 | 1199 | CONDO | 29 |
| 4632 LOWER DR, B2 | $320,000 | 2 | 1.1 | 1170 | CONDO | 19 |
| 16250 PACIFIC HWY, #75 | $355,000 | 3 | 2 | 1593 | CONDO | 29 |
| 1694 BONNIEBRAE DR | $415,000 | 2 | 1 | 864 | ATTACHD | 2 |
| 4325 SILVER CT / Upper | $499,000 | 3 | 2.1 | 1844 | CONDO | 49 |
| 1247 CEDAR ST | $550,000 | 3 | 2 | 2022 | DETACHD | 9 |
| 1719 ASPEN CT | $575,000 | 3 | 2 | 1444 | DETACHD | 31 |
| 302 LAUREL ST | $679,000 | 3 | 2 | 1907 | DETACHD | 6 |
| 770 5TH ST | $975,000 | 3 | 3.1 | 3180 | DETACHD | 45 |
| 17908 BLUE HERON DR | $1,850,000 | 3 | 4 | 4172 | DETACHD | 58 |
| 4247 LORDS LN | $2,275,000 | 4 | 3.1 | 3785 | DETACHD | 115 |
SOLD Jan 3-9, 2022
| Address | Opening Price | Closed Price | Beds | Baths | SF | Prop Type | Days |
| 100 KERR PKWY #51 | $ 179,000.00 | $ 186,000.00 | 1 | 1 | 617 | CONDO | 7 |
| 4 TOUCHSTONE #76 | $ 234,900.00 | $ 228,000.00 | 2 | 2 | 984 | CONDO | 27 |
| 4610 LOWER DR / Main | $ 325,000.00 | $ 310,000.00 | 2 | 1.1 | 1260 | CONDO | 22 |
| 86 KINGSGATE RD, E203 | $ 325,000.00 | $ 325,000.00 | 2 | 2 | 924 | CONDO | 3 |
| 4000 CARMAN DR #92 | $ 349,000.00 | $ 349,000.00 | 2 | 2 | 999 | CONDO | 12 |
| 1455 HALLINAN ST | $ 639,900.00 | $ 650,000.00 | 3 | 2.1 | 1325 | DETACHD | 5 |
| 8 PHEASANT RUN | $ 649,950.00 | $ 675,000.00 | 4 | 2.1 | 1845 | DETACHD | 5 |
| 5431 BONITA RD | $ 859,000.00 | $ 835,000.00 | 4 | 3 | 2784 | DETACHD | 15 |
| 548 4TH ST | $ 1,524,900.00 | $ 1,450,000.00 | 3 | 4.1 | 3186 | ATTACHD | 103 |
| 19317 LORNA LN | $ 1,699,000.00 | $ 1,515,000.00 | 5 | 4.1 | 4634 | DETACHD | 186 |
| 4118 GLACIER LILY ST | $ 1,499,500.00 | $ 1,625,000.00 | 4 | 3.1 | 4452 | DETACHD | 3 |
| 312 9TH ST | $ 1,650,000.00 | $ 1,650,000.00 | 3 | 2.1 | 2686 | DETACHD | 8 |
| 1155 CRESTLINE CT | $ 2,195,000.00 | $ 2,010,998.00 | 5 | 4.1 | 7438 | DETACHD | 73 |
| 16847 GREENBRIER RD | $ 2,598,000.00 | $ 2,598,000.00 | 3 | 2.1 | 2360 | DETACHD | 0 |
| 16767 GRAEF CIR | $ 2,950,000.00 | $ 2,700,000.00 | 4 | 4.1 | 4222 | DETACHD | 13 |
| 1226 NORTHSHORE RD | $ 7,000,000.00 | $ 5,500,000.00 | 4 | 5.1 | 6330 | DETACHD | 160 |