The rise in interest rates appears to be having an impact on sales, although the numbers do remain strong. I’d say that if anything, at least at this point, the market feels fairly balanced between buyers and sellers.
Last week in Lake Oswego there were 24 properties that came onto the market, 3 of which went into pending status the same week, 14 pending sales, and 17 sold/closed homes.
See below for RMLS data.
New on the Market June 20-26, 2022
| Address | Type | Price | BR | Bath | Sq Feet |
| 4300 Botticelli St | Attached | $399,900 | 2 | 2.5 | 1721 |
| 12826 Boones Ferry Rd | Attached | $484,500 | 2 | 2.5 | 1182 |
| 4268 Woodside Circle | Attached | $589,900 | 4 | 2 | 1944 |
| 18667 Benfield Ave | Detached | $679,000 | 4 | 2 | 1414 |
| 14332 Sherbrook Pl | Detached | $689,900 | 3 | 2.5 | 1770 |
| 17188 Rebecca Ln | Detached | $690,000 | 3 | 2.5 | 1930 |
| 100 Leonard St 3-4 | Condo | $699,000 | 3 | 2 | 1736 |
| 3 Becket St | Detached | $775,000 | 4 | 2.5 | 4285 |
| 17608 Sydni Ct | Attached | $799,900 | 4 | 2.5 | 2466 |
| 1841 Cloverleaf Rd | Detached | $825,000 | 5 | 3 | 2190 |
| 5115 Firwood Rd | Detached | $849,000 | 3 | 2.5 | 1660 |
| 42 Aquinas St | Detached | $899,900 | 4 | 2.5 | 2486 |
| 4996 Cascara Ln | Detached | $1,245,000 | 3 | 2.5 | 3106 |
| 5524 Koderra Ave | Detached | $1,370,000 | 3 | 2.5 | 2957 |
| 15003 Twin Fir Rd | Detached | $1,699,900 | 4 | 3.5 | 3075 |
| 776 Carrera Ln | Detached | $1,750,000 | 4 | 3 | 3449 |
| 4983 Park Bluff Pl | Detached | $2,349,500 | 4 | 4.5 | 3647 |
| 707 Lake Shore Rd | Detached | $3,150,000 | 3 | 3.5 | 2992 |
| 17952 Cardinal Dr | Detached | $3,599,000 | 4 | 3.5+.5 | 4588 |
| 120 Cabana Pointe | Detached | $4,098,000 | 4 | 4 | 3693 |
| 2101 Goodall Ct | Detached | $2,895,000 | 4 | 3.5 | 4290 |
Pending Sales June 20-26, 2022
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 44 Eagle Crest Dr #16 | Condo | $289,000 | 3 | 2 | 1085 | 3 |
| 12868 Boones Ferry Rd | Condo | $495,000 | 2 | 2.5 | 1136 | 18 |
| 5342 Red Leaf St | Detached | $599,000 | 3 | 2.5 | 1710 | 9 |
| 14251 Camden Ln | Detached | $719,000 | 3 | 2.5 | 2179 | 2 |
| 1561 Woodland Terr | Detached | $825,000 | 3 | 2.5 | 2184 | 16 |
| 6236 SW Wayzata Ct | Detached | $975,000 | 4 | 2.5 | 2752 | 2 |
| 5322 Carman Grove Ln | Detached | $1,200,000 | 3 | 2.5 | 2647 | 22 |
| 568 Weidman Ct | Detached | $1,275,000 | 4 | 3.5 | 3702 | 3 |
| 4719 Lakeview Blvd | Detached | $1,299,000 | 4 | 3 | 2934 | 80 |
| 2365 Palisades Crest Dr | Detached | $1,300,000 | 4 | 3 | 3746 | 4 |
| 1025 Schukart Ln | Detached | $1,795,000 | 4 | 3 | 4233 | 44 |
| 3001 Westview Ct | Detached | $1,799,900 | 4 | 3.5 | 4317 | 26 |
| 697 Lake Bay Ct | Detached | $2,295,000 | 4 | 4.5 | 3715 | 37 |
| 17210 Cedar Rd | Detached | $2,785,000 | 5 | 5 | 3548 | 7 |
Sold/Closed June 20-26, 2022
| Address | Type | List Price | Sold Price | Sq Feet | DOM |
| 45 Eagle Crest Dr #513 | Condo | $253,500 | $205,000 | 1056 | 110 |
| 16661 Lake Forest Blvd | Detached | $585,000 | $570,000 | 936 | 20 |
| 5650 Childs Rd | Detached | $599,900 | $600,000 | 1980 | 8 |
| 4753 Dawn St | Detached | $700,000 | $700,000 | 1550 | 4 |
| 4201 Cobb Way | Detached | $950,000 | $861,130 | 2,242 | 10 |
| 668 McVey Ave #12 | Condo | $875,000 | $875,000 | 992 | 0 |
| 4527 Trillium Woods | Attached | $887,770 | $940,000 | 2273 | 3 |
| 12431 SW Orchard Hill Rd | Detached | $960,000 | $945,000 | 2724 | 9 |
| 22 Juarez St | Detached | $950,000 | $975,000 | 3096 | 5 |
| 17 Musaryk St | Detached | $985,000 | $995,000 | 4726 | 1 |
| 5336 Lower Dr | Detached | $1,095,000 | $1,025,000 | 2549 | 18 |
| 4581 Heritage Ln | Detached | $1,088,000 | $1,030,000 | 2118 | 24 |
| 4222 Cobb Way | Detached | $1,295,000 | $1,125,000 | 2243 | 20 |
| 4146 Chad Dr | Detached | $1,395,000 | $1,280,000 | 3707 | 14 |
| 937 9th St | Detached | $2,350,000 | $2,178,000 | 3862 | 448 |
| 975 Lake Front Rd | Detached | $3,298,000 | $3,320,000 | 3232 | 0 |
| 263 Northshore Rd | Detached | $4,700,000 | $4,700,000 | 3525 | 0 |
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.