Market Activity March 27-April 2, 2023

Last week in Lake Oswego there were 9 new listings, 20 of which sold quickly and appear in the report as pending, 12 pending sales, and 4 sold/closed properties.

The spring market, in my opinion, is getting off to a slow start. However, what is coming on the market is selling quickly. It remains a great time to buy or to sell a house. I am expecting the inventory to increase as we get further into the season.

See below for RMLS data

New on the Market March 27-April 2, 2023

AddressTypePriceBedroomsBathsSq Feet
4 Touchstone #80Condo$245,00022984
4000 Carman Dr #60Condo$324,90022866
16250 Pacific Hwy #55Condo$370,000221305
6 The GrottoDetached$649,000321381
5178 Lower DrDetached$694,500321764
3290 Childs RdDetached$739,900311708
1228 Maple StDetached$2,279,00043.53505

Pending March 27-April 2, 2023

AddressTypePriceBedroomsBathsSq FeetDOM
47 Eagle Crest Dr #31Condo$242,5002110094
4 Touchstone Dr #151Condo$299,90032.5135138
5062 Foothills Dr HCondo$429,000321252151
16200 Pacific Hwy #14Condo$500,0002212075
5650 Lakeview BlvdDetached$549,0003227152
16472 Bonaire AveDetached$650,0003214645
13125 Vermeer DrDetached$715,00042.520465
7 SpinosaDetached$749,9003322959
19211 Indian Springs RdDetached$759,00043213271
7 Hotspur StDetached$825,00043219519
2318 Hillside LnDetached$1,195,00043.5325814
4947 Park Bluff PlDetached$2,400,00044.54292372

Sold/Closed March 27-April 2, 2023

AddressTypeList PriceClosed PriceSq FeetCDOM
44 Eagle Crest Dr #23Condo$229,000$231,25079844
219 Cervantes #219Condo$325,000$267,5001100110
1120 Boca Ratan DrAttached$550,000$550,000161144
49 Da Vinci StDetached$899,900$822,000235124

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.