Market Activity May 22-28, 2023

Last week in Lake Oswego was highly favorable for folks who are selling their homes. 26 properties accepted offers. There were 12 new listings. Three of those accepted offers quickly and are represented in this report as pending sales. There were also 12 closed/sold properties. With pending sales at more than twice the number of new listings, that is a strong sign that the market remains excellent for selling. It also shows that buyers want to purchase and are not dissuaded by today’s interest rates.

See below for RMLS data.

New Listings May 22-28, 2023

AddressTypePriceBedroomsBathsSq Feet
4 Touchstone #107Condo$289,99932.51351
4901 Childs RdDetached$525,000211440
18936 Longfellow AveDetached$689,90031.51232
2661 Lookout CtDetached$1,095,00042.53212
1931 Park Forest CtDetached$1,598,00064.54107
13460 Fielding RdDetached$1,725,00034.53932
3521 Upper DrDetached$1,900,000321540
1192 Andrews RdDetached$3,485,00053.54604
584 Ridgeway RdDetached$5,250,00043.5+.54944

Pending Sales May 22-28, 2023

AddressTypePriceBedroomsBathsSq FeetDOM
100 Kerr Pkwy 348Condo$229,0001161720
44 Eagle Crest #37Condo$240,0002190811
400 Carman Dr 360Condo$309,9002286654
5 Galen StCondo$315,0002298924
4 Touchstone #119Condo$318,90032.5135181
16250 Pacific Hwy #55Condo$349,50022130557
4425 Thunder Vista LnCondo$450,00022.519491
5225 Jean Rd 3501Condo$455,00032150012
17910 Belmore AveDetached$499,00031.516247
5852 Lakeview BlvdDetached$510,0002111119
103 Kingsgate RdDetached$600,00032.5135219
18839 Kristi WayDetached$649,50031.5134411
6062 Burma RdDetached$650,00052187594
16240 Parker RdDetached$679,00032145494
5829 Benfield CtDetached$719,90042.5174413
20 Partridge LnDetached$825,00053344832
15923 Twin Fir RdDetached$849,90042.525977
2280 Southshore BlvdDetached$949,00032217611
17577 Blue Heron CtDetached$989,0005329805
19863 Sycamore AveDetached$995,00043296194
13354 Twin Creek LnDetached$1,125,000422.531344
321 3rd StAttached$1,195,00033.519962
2552 Palisades Crest DrDetached$1,300,00042.532638
16321 White Oaks DrDetached$1,349,00043.529504
17269 Bryant RdDetached$1,399,99053.5364110
804 2nd StDetached$1,750,00052.5296120

Sold/Closed May 22-28, 2023

AddressTypeList PriceSold PriceSq FeetCDOM
3652 Spring Ln 4FCondo$400,000$400,000111719
18314 Fernbrook CtDetached$550,000$510,00010366
10 Greenridge CtAttached$520,000$524,000206311
16880 Tracy AveDetached$539,900$532,500108097
4959 Dogwood DrDetached$749,900$740,00021203
17220 Rebecca LnDetached$775,000$775,00020045
51 TouchstoneDetached$875,000$875,00031056
5539 Bay Creek DrDetached$995,000$1,015,00029222
2803 Southshore BlvdDetached$1,495,000$1,500,000374712
16429 Bonaire AveDetached$1,750,000$1,850,00030365
2950 Upper DrDetached$1,899,000$1,875,00033965
17367 Lake Haven DrDetached$2,249,900$2,250,00042252

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.