Last week in Lake Oswego we had 10 new listings, 6 homes move to pending status, and 6 closed/sold properties. That feels a little flat to me. It is a slight up tick in new listings, but I would have anticipated more pending and sold properties.
The average length of time that a property is in escrow is about 30 days. So I think back to January 13-19, still pretty early in the New Year, the wind down from the Holidays, just a slower time for the real estate market. That reflects directly onto our closed transactions for last week.
I still feel that the spring market will be strong. Time will tell.
See below for RMLS data.
New Listings Feb 13-19, 2023
| Address | Type | Price | Bedrooms | Baths | Sq Feet |
| 4 Touchstone Dr #151 | Condo | $224,900 | 3 | 2.5 | 1351 |
| 5133 Timbergrove St | Detached | $649,900 | 3 | 2 | 1440 |
| 1206 Cedar St | Detached | $775,000 | 3 | 1.5 | 1426 |
| 13379 Thoma Rd | Detached | $999,500 | 4 | 2.5 | 2594 |
| 1437 Greentree Circle | Detached | $1,025,000 | 4 | 3 | 2395 |
| 1215 Cedar St | Detached | $1,150,000 | 2 | 3 | 3236 |
| 16800 Lakeridge Dr | Detached | $1,290,000 | 4 | 3 | 2416 |
| 3875 Carman Dr | Detached | $1,395,000 | 4 | 4.5 | 3817 |
| 980 Lund St | Detached | $1,725,000 | 4 | 3.5 | 3098 |
| 17104 Canal Circle | Detached | $2,350,000 | 4 | 3.5 | 3473 |
Pending Sales Feb 13-19, 2023
| Address | Type | Price | Bedrooms | Baths | Sq Feet | DOM |
| 30 Crestfield Ct #20 | Condo | $339,000 | 2 | 2 | 989 | 11 |
| 200 Burnham Rd #304 | Condo | $365,000 | 2 | 2 | 1305 | 6 |
| 1731 Aspen Ct | Detached | $619,000 | 3 | 2 | 1440 | 4 |
| 1448 Greentree Circle | Detached | $945,000 | 4 | 2.5 | 2649 | 24 |
| 24 Grouse Terr | Detached | $1,200,000 | 5 | 3.5 | 3673 | 16 |
| 4983 Park Bluff Pl | Detached | $2,349,500 | 4 | 3.5 | 4088 | 239 |
Sold/Closed Feb 13-19, 2023
| Address | Type | List Price | Sold Price | Sq Feet | CDOM |
| 86 Kingsgate Rd #63 | Condo | $370,000 | $265,000 | 849 | 156 |
| 16250 Pacific Hwy #81 | Condo | $338,000 | $315,000 | 841 | 99 |
| 18350 Pilkington Rd | Detached | $565,000 | $605,000 | 1290 | 2 |
| 1600 Aspen St | Detached | $575,000 | $650,000 | 2212 | 19 |
| 2845 Vale Ct | Detached | $900,000 | $820,000 | 3157 | 101 |
| 17484 Bryant Rd | Detached | $1,825,000 | $1,590,000 | 3615 | 129 |
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