Market Activity January 10-16, 2022

We are still in the slowness of winter with just 4 new listings, 9 pending sales, and 7 sold/closed properties in Lake Oswego last week. Having said that, it’s a hot market. Inventory is just so low and when a house comes onto the market, bidding wars are common. As we move into February, I expect the inventory to improve. It is a great time to list your house for sale!

See below for RMLS data.

New on the Market January 10-16, 2022

AddressTypePriceBRBathsSq Ft
959 Lee StDetached$719,000322340
17763 Mardee AveDetached$741,900532110
566 4th StAttached$1,549,00044.5+.53376
5001 Park Bluff PlDetached$2,200,000444022

Pending Sales January 10-16, 2022

AddressTypePriceBRBathsSq FtCDOM
4632 Lower Dr B2Condo$320,00021.5117029
19 Britten CtAttached$535,0002213945
4 Preakness CtAttached$550,00032198532
17617 Sydni CtCondo$799,90052.5263435
13522 Provencial Hill WayDetached$899,00032.532441
17154 Lowenberg TerrDetached$1,295,00053.5341240
180 Iron Mountain BlvdDetached$1,495,000543378124
16538 Maple CircleDetached$1,550,00043.528544
567 10th StDetached$1,800,00043.5470685

Sold/Closed January 10-16, 2022

AddressTypeList PriceSold PriceSq FeetDOM
58 Galen StCondo$224,900$215,00068725
156 Ridgeway RdCondo$450,000$420,0001758174
2320 Glen Haven RdDetached$649,000$680,00013461
326 Lake Bay CtDetached$820,000$820,00014273
1500 Morning Sky CtDetached$1,178,000$1,098,0004,402107
769 4th StDetached$1,965,000$1,965,000392229
2643 Southshore BlvdDetached$3,300,000$2,750,0004543146

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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