Market Activity August 15-21, 2022

Last week remained strong but with slightly fewer new listings and sales. This is pretty typical for the winding down of summer and vacation time. After school starts I think it will pick up again.

In Lake Oswego there were 16 new listings, 5 of which sold quickly and are listed here with pending status, 14 properties that went pending, and 18 closed sales.

See below for RMLS data.

New Listings August 15-21, 2022

AddressTypePriceBRBathSq Feet
200 Burnham Rd #103Condo$425,90011765
1755 Mapleleaf RdDetached$789,00032.52123
1265 Rockinghorse LnDetached$875,000432452
17291 Cedar RdDetached$1,199,99954.52872
2211 Fernwood CirDetached$1,595,000533431
13659 Westlake DrDetached$1,625,00043.54422
15784 Twin Fir RdDetached$2,200,00032.53471
14381 Fosberg RdDetached$2,400,00043.55028
1625 Cloverleaf RdDetached$2,495,00043.53853
16511 Maple CirDetached$3,800,00043.53356
3142 Lakeview BlvdDetached$8,000,000455554

Pending Sales August 15-21, 2022

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #95Condo$219,900229845
45 Oswego SummitCondo$240,000117644
168 Oswego SummitCondo$315,00022138329
12822 Boones Ferry RdCondo$465,00022.5113670
4 WheatherstoneCondo$509,95032.5169241
1000 Bickner StDetached$635,00032.519883
5297 Centerwood StDetached$655,0003217463
2190 Fernwood CirDetached$735,0005325073
5557 Langford LnDetached$839,00022153915
5490 Royal Oaks DrDetached$967,5003217687
1571 Highlands DrDetached$989,0005330003
12886 Sierra CtDetached$1,085,0004331882
33 Westridge DrDetached$1,150,00053.538640
5677 Charles CirDetached$1,225,00042.5 29627

Sold Properties August 15-21, 2022

AddressTypeList PriceSold PriceSq FeetDOM
4000 Carman Dr D51Condo$314,900$314,9008857
86 Kingsgate Rd H104Condo$355,000$315,00084037
5970 Kennycroft WayDetached$650,000$592,000121281
16875 Fernwood DrDetached$780,000$750,000246028
1435 Ash StDetached$799,900$800,0002,53218
2062 Cedar CtDetached$785,000$820,00018001
7 Da Vinci StDetached$850,000$830,000263117
23 Da Vinci StDetached$839,000$850,00020633
19395 35th CtDetached$849,900$875,00023853
19330 River Run DrDetached$995,000$985,000395557
14 Churchill DownsDetached$989,000$989,00020625
327 3rd StAttached$999,000$1,011,00021234
4121 Wolf Berry CtDetached$975,000$1,050,00026544
17865 Sarah Hill LnDetached$1,099,950$1,110,000287172
13330 Hidden Bay CtDetached$1,149,000$1,225,00030571
100 Leonard St 4-2Condo$1,395,000$1,345,950313768
767 10th StDetached$2,100,000$1,950,0003900303
5001 Park Bluff PlDetached$2,200,000$2,200,000402232

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.

The Realtor Code of Ethics

“Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of civilization.” These are the lofty words that open the Preamble of the Realtor Code of Ethics.

I have written about this topic before, but it was many years ago. It’s something I hold very dear and thought it would be a good time to revisit the information.

In 1908, when the National Association of Realtors was founded, real estate was very much the wild, wild West. Unregulated and without licensing requirements, there was a good deal of fraud and a ripe environment for con artists and Naredo wells. Edward Halsey, a chairperson in the NAR in 1908 said “We propose, if we can, to wipe out the riffraff that brings this business into disrepute.”

The Code of Ethics was first written in 1913. It is a living document that is changed and revised as times change. Along with the Preamble, it consists of 4 sections that also include Duties to Clients and Customers, Duties to the Public, and Duties to other Realtors. If I could sum it up simply, it requires that all Realtors be fair and honest in our dealings with all parties to a transaction.

I am really proud of the Code of Ethics. It truly does set a higher standard for my industry. All Realtors are required to take Code of Ethics training every two years. It is at the forefront of how I run by business and how I expect other Realtors to interact with myself and my clients.

Please know that when you are working with a Realtor, you are working with a professional bound to a higher standard.

Moving and Packing Tips

As a Realtor, one of the most educational moments I ever experienced was when I sold my own home and moved with my family to Lake Oswego. We’d had our kids and lived in our prior home for 13 years. I was pretty clueless about how much more complicated our household and possessions had become. I put off packing until about a week before our move. It was a disaster! I was so pressed to get it done on time that I was literally just throwing stuff in boxes! Live and learn, right?

Cardboard boxes and potted plants in empty room. Moving objects are on hardwood floor of new apartment.

Here are some moving and packing tips that I hope you’ll find helpful:

Moving

  1. Start Early. See my comment above. Weeks, if not months, before your move start planning. It will be so much stressful. It will also help prepare your house for marketing.
  2. Get rid of stuff. As we live in our homes, we accumulate stuff. So much of it is neither wanted nor needed. Do you really want to take it with you? Do you want to spend money moving and packing this “stuff”? Get rid of it.
  3. Create a folder. This folder should contain addresses, moving or rental contracts, insurance information, perhaps an itemized list of what you are moving, anything you anticipate in the way of paperwork. Consider creating a hard-copy file. This will be vital if you loose battery charge on laptops or phones
  4. Book early. This helps in two ways: getting the best rates and being assured of availability. Especially in the spring and summer, the moving companies book at least several weeks in advance.
  5. Plan for utilities. This includes both shut off at your old place and start up in your new place. You do not want to be moving into the new house and not have electricity.
  6. Keep essentials with you. A day or two prior to moving pack your luggage: change of clothes, toiletries, etc. Just like when packing for a vacation. In addition, I recommend packing a box of cooking basics like a few plates, cups, bowls, utensils, These would be for an unexpected delay in the delivery of your household goods. Remember to plan for pets and medications.

Packing

  1. Invest in equipment. You’ll need boxes, packing tape, markers, paper towels, garbage bags. If you are moving yourself you’ll need a furniture dolly, furniture pads, tie-down strips and a truck loading ramp
  2. Use the right size boxes. The basic idea is the boxes need to be a weight that can be lifted without straining yourself. Heavy stuff in small boxes (books, etc.), light stuff in big boxes (linens, etc.).
  3. Heavy stuff on the bottom of the box. This will keep the heavy stuff from crushing the light stuff. It will also balance the weight of the box as boxes are stacked.
  4. Don’t leave empty space in the boxes. This will maximize the use of the packing materials, but empty spaces can allow the box to be crushed in transport.
  5. Avoid mixing items from different rooms. When unpacking it will take twice as long if you are running from room to room.
  6. Label each box with what room it is for and a list of the contents
  7. Tape the boxes well. You want a couple of strips across the seams at the bottom and the top, but then do two wraps completely around the box in two places around the top to the bottom and back up to the top again: all the way around.
  8. Take care of your art. You can purchase special boxes and crates for art. Don’t wrap oil paintings in packing paper; it may stick to the paint. Wrap art in bubble wrap. You can also wrap it in bubble wrap, box it, and then place in a second box padded by packing paper.
  9. Kitchen dishes. You can purchase special boxes and packaging for dishes and glasses. They make it all so much easier! If you do end up wrapping with boxes and backing paper try wrapping each piece and then bundling in groups of 4 to 5 pieces and wrapping those together as a bundle with packing paper. Consider packing plates on their sides rather than stacking. Get the boxes with cardboard dividers for glasses. The world of packing materials is pretty broad. Yes, it costs money, but think about the cost of replacing these items. Not to mention, as it is for me, the sadness it would bring to loose special pieces.

I want to give credit to realsimple.com where I got a good bit of guidance for this article.

As always, thank you for reading the blotter,

Dianne

Market Activity Aug 1-7, 2022

The numbers between new listings, pending sales, and sold properties remains fairly balanced, although slightly slower than the last time I did this report. In Lake Oswego last week we had 23 new listings, 5 of which sold quickly and are represented in this report as pending, 18 pending sales, and 13 closed listings.

For most of my real estate career market time has been 45-60 days. Pending sales last week averaged 25 days. That is healthy. Perhaps we are returning to historic normal?

See below for RMLS details

New Listings Aug 1-7, 2022

AddressTypePriceBRBathSq Feet
122 Oswego SummitCondo$235,00011764
200 Burnham Rd #405Condo$380,000221328
16074 Lake Forest BlvdDetached$599,950321354
19211 Indian Springs RdDetached$825,000422132
17615 Bryant RdDetached$825,000422110
5557 Langford LnDetached$889,000221539
17095 Rebecca LnDetached$925,000332379
4264 Harvey WayDetached$925,000432728
327 3rd StAttached$999,00033.52123
63 Garibaldi StDetached$1,450,00033.54200
542 4th StAttached$1,549,00044.5+.53376
1991 Ridgewood RdDetached$1,550,00042.5+.54993
17527 Kelok RdDetached$2,150,000334664
4956 Park Bluff PlDetached$2,395,00043.54074
4938 Park Bluff PlDetached$2,495,00044.54046
929 Cumberland RdDetached$2,800,00056.55095
13068 Knaus RdDetached$3,289,00055.5+.5+.56512
445 Northshore RdDetached$3,499,00033.53066

Pending Sales Aug 1-7, 2022

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #77Condo$245,00032.513518
4061 Jefferson PkwyCondo$358,00022.51462152
4300 Botticelli StAttached$374,90022.5172142
5055 Foothills Dr GCondo$429,900$3212522
5054 Foothills Dr 70FCondo$475,00022125224
5 Partridge LnDetached$699,00032.5279425
439 Livingood LnDetached$814,00032.525406
4618 Auburn LnAttached$895,00033.527323
39 Tanglewood DrDetached$899,0004331674
19 TouchstoneDetached$899,0004327892
2 YorickDetached$975,00043.529793
346 Lake Bay CtDetached$1,075,00042.519003
4745 Dogwood DrDetached$1,125,00042.5388723
3151 Alber Spring CtDetached$1,375,00053.539171
100 Leonard St 4-2Condo$1,395,00032.5313768
5014 Upper DrDetached$1,399,00053341622
767 10th StDetached$2,000,00044.5390050
162 Berwick RdDetached$3,295,00044.546576

Sold/Closed Aug 1-7, 2022

AddressTypeList PriceSold PriceSq FeetDOM
3652 Spring LnCondo$369,000$369,000111711
5225 Jean Rd #207Condo$410,000$385,00014153
17 Da VinciDetached$550,000$614,00018765
100 Leonard St 3-4Condo$699,000$695,00017369
342 Livingood LnDetached$738,000$738,0002,3845
13 Masaryk StDetached$799,000$790,00022195
5115 Firwood RdDetached$849,000$815,000166025
4973 Parkhill StDetached$925,000$900,000223023
139 Del Prado StDetached$1,150,000$1,132,50029554
1535 Pine StDetached$1,150,000$1,150,00023907
1736 Palisades Terrace DrDetached$1,150,000$1,150,000307930
15868 Parker RdDetached$2,100,000$2,085,000367930
17210 Cedar RdDetached$2,785,000$2,775,00035487

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.

A Bit About Lake Easements

With the hot weather that we are experiencing, I thought it would be helpful to remind readers about gaining access to the lake via easements.

There are 3 types of lake easements: the Lake Oswego swim park, the Lake Grove swim park, and the individual easements enjoyed by private homes.

The Lake Oswego Swim Park

Located at 250 Ridgeway Rd, this park is open during the 2022 season from July 1 to August 28. It is available for use by any resident within the city limits of Lake Oswego. The park is paid for with tax dollars and there is not a charge for its use once proof of residency is provided. There are life guards on duty and an assortment of water toys to enjoy.

Lake Grove Swim Park

Located at 3800 Lakeview Blvd, this swim park is open for the 2022 season from June 11 to August 21st. This park is owned and operated by the Lake Oswego School District. All students within the the LOSD have free use of the park and access to swimming lessons. If you are not a student within the district, then your eligibility to use the park requires that you live within the boundaries of the old Lake Grove School District. This district was absorbed into the LOSD when the two school districts merged in 1953.

Private Swim Easements

Private swim easements were developed many years ago. Basically a developer of a neighborhood would buy a lot on the lake and deed it to the homes within the neighborhood. There are approximately 3000 houses in Lake Oswego that have access to these easements. Because the easements were developed many years go, the easements mostly benefit older homes. However, when an old house is torn down and a new house is built, the easement goes to the new house. So there are newer homes that do have easements.

The amenities at the easements very quite a lot. There is an easement that is only about 20 feet wide and just consists of a sloping lawn down to the lake. No picnic tables, no amenities at all. Then there are huge easements with boat slips, canoe racks. picnic tables, water toys and all sorts of fun stuff.

If your house has easement eligibility, you need to join the easement. There is an annual fee. The easements are mostly gated and locked. You gain access by joining. These easements are privately run and have their own unique rules and by-laws.

There is usually a waiting list for boat slips and canoe storage. Remember too that you can not put anything in the water without getting it approved and licensed by the Lake Corporation. For information, and to see if your house or possible future house has any private easement privileges, click here.

I do want to acknowledge that there is currently a law suite happening that challenges the private status of the Oswego Lake. It’s been winding its way through courts for years. It also experienced a significant set back a couple of weeks ago when the presiding judge had to step down. This will not be resolved quickly. If the lake is made public, I doubt it will change the status of any of the easements. What will change is that the lake will be available to the public. That access is pretty limited even if it happens because there simply aren’t many spots that the public could get access. I also think that the Lake Corporation would likely still require registration and licensing of boats, canoes, and other water flotation devices.

Hopefully you are staying cool. There’s lots of summer left, perhaps you’ll find time to take a dip in the Lake.

Dianne

Market Activity Report July 18-24, 2022

The real estate market in Lake Oswego last week continued to be well balanced between buyers and sellers. There were 18 properties that came onto the market, 3 of which sold so fast that in this report they are part of the pending properties. 21 properties went pending and 16 sold/closed.

Surprisingly, interest rates actually went down slightly after the Federal Reserve raised the prime lending rate by .75%. Mortgage rates are influenced by the prime lending rate but not completely dictated. Other forces have impact as well. The drop in mortgage rates was a refection of factors such as investors taking money out of the stock market and putting it into safer investments like mortgage bonds. This growing demand leads to lower rates.

See below for further RMLS data.

New Listings July 18-24, 2022

AddressTypePriceBRBathSq Feet
168 Oswego SummitCondo$330,000221383
668 McVey Ave #83Condo$480,00021.5992
66 Wheatherstone #35Condo$599,90043.52465
5429 Kenny StDetached$715,000321584
3585 Lake Grove AveDetached$820,000421575
1714 Greentree RdDetached$900,000433110
63 TouchstoneDetached$925,000433088
860 Lake Forest DrDetached$998,00052.52025
3460 Lake Grove AveDetached$1,395,000321673
11 Nansen SummitDetached$1,495,00044.54955
178 Pine Valley RdDetached$1,850,00053.53001
1250 SW Englewood RdDetached$2,499,00033.55097
1901 Childs RdDetached$3,400,000533516
13777 Cameo CtDetached$4,198,00055.57300
1901 Childs RdDetached$4,800,000533516

Pending Sales July 18-24, 2022

AddressTypePriceBRBathsSq FtCDOM
4000 Carman Dr D51Condo$314,900228857
3652 Spring LnCondo$369,00022111711
13880 SundeleafDetached$425,0002110483
4405 Thunder Vista LnCondo$445,50022.5192256
17 Da VinciDetached$550,0003218765
5970 Kennycroft WayDetached$599,90032121281
1765 Conifer DrDetached$749,00042233416
2020 Wembley Park RdDetached$775,0003217124
2062 Cedar CtDetached$785,0003218001
5480 Burma RdDetached$829,00042163222
5115 Firwood RdDetached$849,00032.5166025
19 TouchstoneDetached$899,0004327891
4121 Wolf Berry CtDetached$975,00032.526544
18100 Bryant RdDetached$990,00031.5142513
19330 River Run RdDetached$995,00044395518
347 6th StAttached$1,050,00033.523603
1455 Nelson CtDetached$1,149,00042.5221014
13330 Hidden Bay CtDetached$1,149,00042.530571
4996 Cascara LnDetached$1,195,00032.5310625
754 5th StDetached$1,298,0003321797
732 2nd StDetached$2,299,00043.5354732

Sold/Closed July 18-24, 2022

AddressTypeList PriceSold PriceSq FeetDOM
45 Eagle Crest Dr #504Condo$240,000$230,00076819
4000 Carman Dr #40Condo$300,000$350,00090610
16300 Reese RdDetached$675,000$593,00021008
17188 Rebecca LnDetached$690,000$705,00019304
980 Lund StDetached$725,000$715,0001,83314
5497 Willow CtAttached$775,000$725,000242756
14251 Camden LnDetached$719,000$735,00021792
3 Beckket StDetached$775,000$765,000428518
21 TouchstoneDetached$959,900$835,000191845
2291 Wembley Park RdDetached$999,500$964,000215011
5322 Carman Grove LnDetached$1,200,000$1,050,000264722
13 Buckingham TerraceDetached$999,990$1,162,00029464
16219 White Oaks DrDetached$1,200,000$1,200,00028620
568 Weidman CtDetached$1,275,000$1,275,00037023
5455 Childs RdDetached$2,395,000$2,195,000387028
688 6th StDetached$1,940,000$2,300,000293927

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

Market Activity July 4-10, 2022

Doing the market activity report for last week makes me feel like the market is very balanced. The volume of sales is very much like it was the last time that I did this report with nearly identical volumes of new listings, pending sales, and closed sales. This is a good environment for both buying and selling.

Last week in Lake Oswego there were 18 new listing that includes four that went into pending status that same week. There were 16 pending sales and 16 closed sales. As I said, very balanced.

See below for RMLS data.

New on the Market July 4-10, 2022

AddressTypePriceBRBathSq Feet
47 Eagle Crest Dr #53Condo$299,000311024
3652 Spring LnCondo$369,000221117
4 WheatherstoneCondo$535,00032.51692
15450 Stephanie CtAttached$580,00032.51662
15 Masaryk StDetached$675,000433864
5757 Washington CtDetached$695,00041.51508
5 Partridge LnDetached$799,00032.52794
1765 Conifer DrDetached$785,000422335
18100 Bryant RdDetached$990,00031.51425
16 El Greco StDetached$1,035,00042.52696
1775 Overlook LnDetached$1,100,00042.53198
1455 Nelson CtDetached$1,149,00042.52210
12943 SW Elk Rock RdDetached$2,095,00053.53537
15800 Oswego Shore CtDetached$2,495,00043.53995

Pending Sales July 4-10, 2022

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone Dr #150Condo$237,00022984152
44 Eagle Crest DrCondo$299,0003210851
4000 Carman Dr #35Condo$300,000228695
1444 Laurel StDetached$515,000219001
4363 Woodside CircleAttached$581,95032153263
4268 Woodside CircleAttached$589,90042194417
16300 Reese RdDetached$675,0002221008
2736 SW Orchard Hill PlDetached$749,00032.525564
700 Livingood LnDetached$799,95042.526929
23 Da Vinci StDetached$839,90032.520633
4973 Sierra Vista DrDetached$998,90042.528102
17865 Sarah Hill LnDetached$1,099,95042.5287172
1839 Palisades Lake CtDetached$1,500,00043.5457021
688 6th StDetached$1,995,50042.5293927
5455 Childs RdDetached$2,195,00043.5387028
4973 Parkhill StDetached$925,00043223023

Sold/Closed July 4-10, 2022

AddressTypeList PriceSold PriceSq FeetDOM
668 McVey Ave #77Condo$275,000$281,0004854
4 Touchstone #124Condo$245,000$320,000135145
1700 Yarmouth CircleDetached$725,000$712,25014777
1797 Fern PlDetached$714,900$730,000172723
639 1st StAttached$749,900$749,9001,3919
5339 Amberwood CtDetached$613,645$913,64529430
5499 Royal Oaks DrDetached$786,000$950,00018173
659 Livingood LnDetached$899,000$952,50726929
10 Morningview LnDetached$1,049,900$1,049,900384811
17953 Saint Clair DrDetached$1,299,900$1,225,000543821
927 Oak StDetached$1,330,000$1,400,00028642
4015 Canal Woods CtDetached$1,295,000$1,450,00037215
1281 Tyndall CtDetached$1,674,000$1,717,00040493
642 8th StDetached$1,995,000$1,995,00032933
3015 Wembley Park RdDetached$3,500,000$3,000,000521150
1475 Chandler RdDetached$3,495,000$3,450,00048633

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.

LO’s Amazing Library

I want to take this opportunity to brag about the Lake Oswego Library. It is rare for a day to go by where I am not benefiting from one of its many services.

My primary use of the library is checking out audio books. I just love to listen to books. They are generally read by the author (Bruce Springsteen’s autobiography) or by professional voice actors. Roy Dotrice, the voice actor who reads The Game of Thrones, has created 100’s of voices for George RR Martin’s novels. You know by the voice intonation and accent who is talking. It’s truly an art form that I have come to just love.

Of course, there are 1000’s of books in paper format to check out. In addition, there is a huge selection of DVD and Blue Ray Movies.

The Library of Things

In addition of books and movies, there is also a Library of Things. You can check out kitchen tools (seasonal cake pans, etc), sewing machines, party supplies (karaoke machines, etc), games, recreation supplies, telescopes, just lots of great stuff.

Lake Oswego Reads

This is a city-wide reading event held each winter. A group of citizens, including high-school students, chooses a book. Hundreds of books are distributed for free. City-wide events are held to show case themes in the book, and, usually, the author gives a talk. The books are always terrific and participating in the events is a nice enhancement to the reading experience.

Cultural Pass

Finally, I want to let you know about the Cultural Pass that you can obtain on-line to gain free access to some of the area’s most popular places to visit. Simply go on-line and make your reservation. You can then print it off or download it to your mobile device. These passes will give you free access to these locations:

  • Crystal Springs Rhodendron Garden (family of 4)
  • Evergreen Aviation Museum (2 people)
  • Gilbert House Children’s Museum (equal number of adults to children)
  • Lan Su Chinese Garden (2 people)
  • Oregon Garden (2 adults + 4 children)
  • Oregon Historical Society (2 people)
  • Oregon State Parks (1 vehicle)
  • Pittock Mansion (2 adults + children from the same household)
  • Portland Japanese Garden (2 adults + 8 children)

For further details, please visit the Library website. www.ci.oswego.or.us/library

To obtain your library card, yes, you need a library card to take advantage of these many services, simply go to the library (706 4th St) and show valid photo ID and proof of residency within the City of LO. It’s that easy.

I think that libraries get taken for granted. We pay for the library with our tax dollars. Use it. Enjoy it. I know that I do.

Dianne

Summer in Lake Oswego

Summer of Music

Absolutely one of my favorite events in Lake Oswego is the outdoor summer concert series. Wednesday nights from 7-9pm. They are free. In July they take place at Foothills Park along the Willamette River. In August they take place at Westlake Park on the West side of town. There is just something about them. The cooling of the hot day, the ambiance of being outdoors, and the dancing. People show up to dance. I once saw a man and a woman, the woman was in a wheelchair. They spent some time just swaying with her in her chair. Then the man stepped in front of her, gently lifted her to her feet, and they danced. Really, really wonderful.

Sunday concerts take place July 10 & 24, and August 7 & 21, 6-7:30 pm at Millennium Plaza Park.

Movies in the Park

There are three outdoor moving events. They start at dusk, approximately 8:45pm.

On July 21st, at Millennium Plaza Park, the movie will be the animated feature, Luca.

On July 28th, at Millennium Plaza Park, the move will be Space Jam, a New Legacy.

On August 4th, at Westlake Park, the movie will be Sing 2

During the movie events there will also be face painting, balloon artists and snacks for purchase.

Summer is here!

Market Activity Report June 20-26, 2022

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

AddressTypePriceBRBathSq Feet
4300 Botticelli StAttached$399,90022.51721
12826 Boones Ferry RdAttached$484,50022.51182
4268 Woodside CircleAttached$589,900421944
18667 Benfield AveDetached$679,000421414
14332 Sherbrook PlDetached$689,90032.51770
17188 Rebecca LnDetached$690,00032.51930
100 Leonard St 3-4Condo$699,000321736
3 Becket StDetached$775,00042.54285
17608 Sydni CtAttached$799,90042.52466
1841 Cloverleaf RdDetached$825,000532190
5115 Firwood RdDetached$849,00032.51660
42 Aquinas StDetached$899,90042.52486
4996 Cascara LnDetached$1,245,00032.53106
5524 Koderra AveDetached$1,370,00032.52957
15003 Twin Fir RdDetached$1,699,90043.53075
776 Carrera LnDetached$1,750,000433449
4983 Park Bluff PlDetached$2,349,50044.53647
707 Lake Shore RdDetached$3,150,00033.52992
17952 Cardinal DrDetached$3,599,00043.5+.54588
120 Cabana PointeDetached$4,098,000443693
2101 Goodall CtDetached$2,895,00043.54290

Pending Sales June 20-26, 2022

AddressTypePriceBRBathsSq FtCDOM
44 Eagle Crest Dr #16Condo$289,0003210853
12868 Boones Ferry RdCondo$495,00022.5113618
5342 Red Leaf StDetached$599,00032.517109
14251 Camden LnDetached$719,00032.521792
1561 Woodland TerrDetached$825,00032.5218416
6236 SW Wayzata CtDetached$975,00042.527522
5322 Carman Grove LnDetached$1,200,00032.5264722
568 Weidman CtDetached$1,275,00043.537023
4719 Lakeview BlvdDetached$1,299,00043293480
2365 Palisades Crest DrDetached$1,300,0004337464
1025 Schukart LnDetached$1,795,00043423344
3001 Westview CtDetached$1,799,90043.5431726
697 Lake Bay CtDetached$2,295,00044.5371537
17210 Cedar RdDetached$2,785,0005535487

Sold/Closed June 20-26, 2022

AddressTypeList PriceSold PriceSq FeetDOM
45 Eagle Crest Dr #513Condo$253,500$205,0001056110
16661 Lake Forest BlvdDetached$585,000$570,00093620
5650 Childs RdDetached$599,900$600,00019808
4753 Dawn StDetached$700,000$700,00015504
4201 Cobb WayDetached$950,000$861,1302,24210
668 McVey Ave #12Condo$875,000$875,0009920
4527 Trillium WoodsAttached$887,770$940,00022733
12431 SW Orchard Hill RdDetached$960,000$945,00027249
22 Juarez StDetached$950,000$975,00030965
17 Musaryk StDetached$985,000$995,00047261
5336 Lower DrDetached$1,095,000$1,025,000254918
4581 Heritage LnDetached$1,088,000$1,030,000211824
4222 Cobb WayDetached$1,295,000$1,125,000224320
4146 Chad DrDetached$1,395,000$1,280,000370714
937 9th StDetached$2,350,000$2,178,0003862448
975 Lake Front RdDetached$3,298,000$3,320,00032320
263 Northshore RdDetached$4,700,000$4,700,00035250

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.