Market Activity June 6-12, 2022

Last week in Lake Oswego the market remained strong. There were 24 new listings, 8 of which moved quickly to pending status, 27 properties that went under contract and became pending, and 17 sold/closed properties.

We had a big interest rate hike yesterday. This is bound to have an impact. I will be eager to see the market activity reports for the next few weeks as it will let us see the changes that the increased rates are creating.

See below for RMLS details.

New on the Market June 6-12, 2022

AddressTypePriceBRBathSq Feet
4 Touchstone #85Condo$244,90032.51351
29 Oswego SummitCondo$260,00011669
86 Kingsgate Rd H104Condo$355,00022840
12822 Boones Ferry RdCondo$479,90022.51136
885 McVey AveDetached$569,000311341
4510 Lower DrCondo$575,00032.51729
6240 Burma RdDetached$699,900321724
939 Devon LnDetached$775,000322249
1435 Ash StDetached$799,900532532
1561 Woodland TerrDetached$825,00032.52184
19 TouchstoneDetached$935,000432789
2777 Glen Haven RdDetached$1,200,00042.52560
13248 Rogers RdPlncomm$1,399,00053.53003
688 6th StDetached$1,940,00042.52939
720 6th StDetached$2,300,00043.54601
1475 Chandler RdDetached$3,495,00044.54863

Pending June 6-12, 2022

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy $54Condo$192,0001161730
45 Eagle Crest Dr #504Condo$240,0001176819
45 Eagle Crest Dr #407Condo$259,00021.5105667
4000 Carman Dr #40Condo$300,000229063
196 CervantesCondo$369,00021.5124124
5062 Foothills Dr FCondo$445,00022125217
6331 Shakespeare StDetached$519,90031.599251
13296 Vermeer DrDetached$725,00032.5186010
639 1st StAttached$749,90022.513919
5499 Royal Oaks DrDetached$786,0003218173
1537 Ash StDetached$850,00043.524332
17 Masaryk StDetached$985,0004347261
19057 Olson AveDetached$899,00042.524649
13160 Princeton CtDetached$899,00042.5325242
907 Oak StDetached$899,0003224096
29 Del Prado StDetached$1,050,00042303712
4581 Heritage LnDetached$1,088,00032.5211824
16018 Waluga DrDetached$1,150,00042220019
13324 Boones Ferry RdDetached$1,195,00042.5338620
17953 Saint Clair DrDetached$1,299,90073.5543821
873 Country CommonsDetached$1,395,00043360926
18084 Westminster DrDetached$1,399,00053.5502051
17637 Woodhurst PlDetached$1,429,99064.5+.548331
725 Oak Meadow CtDetached$1,625,00042.5+.537538
1281 Tyndall CtDetached$1,679,00043.540493
13740 Knaus RdDetached$1,895,00043.544592
5455 Childs RdDetached$2,395,00043.538702

Sold/Closed June 6-12, 2022

AddressTypeList PriceSold PriceSq FeetDOM
45 Eagle Crest Dr #405Condo$195,000$170,000105647
47 Eagle Crest Dr #37Condo$229,000$225,0006720
45 Eagle crest Dr #510Condo$255,000$247,5008302
32 Condolea DrCondo$525,000$483,100142028
2 Montain CricleAttached$499,000$500,0001,3724
43 Ladd StDetached$699,500$719,50026327
17311 Mandi LnDetached$695,000$720,00017796
16393 Kimball StDetached$705,000$746,00015224
5875 Bonita RdDetached$955,000$839,000265024
3205 Edgemont RdDetached$774,900$950,00020284
343 3rd StAttached$935,000$1,010,00021013
4331 Sundew CtDetached$1,099,000$1,150,00027904
2855 Upper DrDetached$1,195,000$1,195,000193211
4089 Orchard WayDetached$995,000$1,215,00027433
5563 Bay Creek DrDetached$995,000$1,260,00029133
224 Iron Mountain BlvdDetached$1,795,000$1,850,00029644
820 Fairway RdDetached$1,930,000$2,106,00037582

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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