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
| Address | Type | Price | BR | Baths | Sq Ft |
| 959 Lee St | Detached | $719,000 | 3 | 2 | 2340 |
| 17763 Mardee Ave | Detached | $741,900 | 5 | 3 | 2110 |
| 566 4th St | Attached | $1,549,000 | 4 | 4.5+.5 | 3376 |
| 5001 Park Bluff Pl | Detached | $2,200,000 | 4 | 4 | 4022 |
Pending Sales January 10-16, 2022
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 4632 Lower Dr B2 | Condo | $320,000 | 2 | 1.5 | 1170 | 29 |
| 19 Britten Ct | Attached | $535,000 | 2 | 2 | 1394 | 5 |
| 4 Preakness Ct | Attached | $550,000 | 3 | 2 | 1985 | 32 |
| 17617 Sydni Ct | Condo | $799,900 | 5 | 2.5 | 2634 | 35 |
| 13522 Provencial Hill Way | Detached | $899,000 | 3 | 2.5 | 3244 | 1 |
| 17154 Lowenberg Terr | Detached | $1,295,000 | 5 | 3.5 | 3412 | 40 |
| 180 Iron Mountain Blvd | Detached | $1,495,000 | 5 | 4 | 3378 | 124 |
| 16538 Maple Circle | Detached | $1,550,000 | 4 | 3.5 | 2854 | 4 |
| 567 10th St | Detached | $1,800,000 | 4 | 3.5 | 4706 | 85 |
Sold/Closed January 10-16, 2022
| Address | Type | List Price | Sold Price | Sq Feet | DOM |
| 58 Galen St | Condo | $224,900 | $215,000 | 687 | 25 |
| 156 Ridgeway Rd | Condo | $450,000 | $420,000 | 1758 | 174 |
| 2320 Glen Haven Rd | Detached | $649,000 | $680,000 | 1346 | 1 |
| 326 Lake Bay Ct | Detached | $820,000 | $820,000 | 1427 | 3 |
| 1500 Morning Sky Ct | Detached | $1,178,000 | $1,098,000 | 4,402 | 107 |
| 769 4th St | Detached | $1,965,000 | $1,965,000 | 3922 | 29 |
| 2643 Southshore Blvd | Detached | $3,300,000 | $2,750,000 | 4543 | 146 |
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.