With all of the jitters about the economy that is currently filling the news cycle, I am finding these market activity reports particularly important. The biggest trend I am seeing is that houses are simply taking a little longer to sell, but they are selling. And this week’s report I find encouraging. A healthy real estate market has balanced numbers: as many houses are coming on the market as a going pending and as are selling. Last week in Lake Oswego this was solidly the case. There were 13 new listings, 2 of which sold quickly and appear in this report as pending sales. There were 13 pending sales and there were 11 closed sales. This is extremely balanced. It’s not a seller’s market, it’s not a buyer’s market, it’s a solid market.
See below for RMLS data.
New on the Market Sept 25-Oct 1, 2023
| Address | Type | Price | Bedrooms | Baths | Sq Feet |
| 207 Oswego Summit | Condo | $390,000 | 2 | 2 | 1497 |
| 3672 Spring Ln | Condo | $439,900 | 2 | 2 | 1117 |
| 668 McVey Ave #42 | Condo | $499,900 | 2 | 1 | 852 |
| 15370 Twin Fir Rd | Detached | $560,000 | 3 | 2 | 1546 |
| 640 Southshore Blvd | Detached | $760,000 | 2 | 2.5 | 2391 |
| 17144 Warren Ct | Detached | $999,000 | 4 | 2.5 | 2804 |
| 740 Pebble Beach Ct | Detached | $1,050,000 | 3 | 2 | 1745 |
| 5330 Carman Grove Ln | Detached | $1,100,000 | 3 | 2.5 | 2493 |
| 16850 Cortez Ct | Detached | $1,900,000 | 4 | 4 | 3650 |
| 15112 Quarry Rd | Detached | $1,950,000 | 5 | 4.5 | 3953 |
| 13799 Atwater Ln | Detached | $3,995,000 | 3 | 4 | 4700 |
Pending Sales Sept 25-Oct 1 2023
| Address | Type | Price | Bedrooms | Baths | Sq Feet | DOM |
| 5054 Foothills Dr A | Condo | $445,000 | 2 | 2 | 1252 | 2 |
| 1720 Fernwood Dr | Detached | $579,000 | 3 | 2 | 1560 | 5 |
| 15930 Waluga Dr | Detached | $599,900 | 3 | 1.5 | 1040 | 10 |
| 18351 Wood Thrush Way | Detached | $690,000 | 3 | 2 | 1762 | 4 |
| 16266 Parker Rd | Detached | $765,000 | 4 | 2 | 2014 | 66 |
| 1481 Greentree Circle | Detached | $875,000 | 4 | 3 | 2704 | 19 |
| 10 Independence Ave | Detached | $1,150,000 | 4 | 3.5 | 4192 | 70 |
| 5955 Clairmont Ct | Detached | $1,250,000 | 5 | 3 | 3292 | 1 |
| 3894 Tamarack Ln | Detached | $1,499,000 | 4 | 3.5 | 4035 | 23 |
| 5220 Firwood Rd | Detached | $1,999,000 | 3 | 2.5 | 2507 | 5 |
| 611 Ridgeway Rd | Detached | $2,099,000 | 4 | 5.5 | 4847 | 44 |
| 4247 Lords Ln | Detached | $2,399,000 | 4 | 3.5 | 3840 | 102 |
| 956 Westpoint Rd | Detached | $8,950,000 | 4 | 4.5+.5+.5 | 5235 | 111 |
Sold/Closed Sept 25-Oct 1, 2023
| Address | Type | List Price | Sold Price | Sq Feet | CDOM |
| 16200 Pacific Hwy #29 | Condo | $500,000 | $500,000 | 1207 | 9 |
| 17825 Tualata Ave | Detached | $535,000 | $540,000 | 1182 | 11 |
| 47 GreenridgeCt | Attached | $534,900 | $550,000 | 1176 | 2 |
| 1368 Boca Ratan Dr | Attached | $610,000 | $592,500 | 1683 | 109 |
| 89 Kingsgate Rd | Detached | $675,000 | $640,000 | 1713 | 29 |
| 6062 Burma Rd | Detached | $650,000 | $649,000 | 1875 | 96 |
| 16 Aquinas St | Detached | $699,000 | $675,000 | 1720 | 27 |
| 529 Livingood Ln | Detached | $800,000 | $800,000 | 2124 | 4 |
| 21 Aquinas St | Detached | $799,900 | $930,000 | 2578 | 7 |
| 13880 Knaus Rd | Detached | $1,500,000 | $1,375,000 | 3762 | 58 |
| 2600 Glenmorrie Dr | Detached | $2,298,000 | $2,175,000 | 4232 | 13 |
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.