Market Activity Dec 9-15, 2024

Real estate activity last week was pretty strong. Here we are, 2 weeks before Christmas, and 7 houses were listed for sale. One of those sold quickly and appears in this report as a pending sale. 12 houses moved to pending status and 13 properties closed escrow and officially sold. That feels like pretty strong activity for this time of year.

See below for RMLS data.

New Listings Dec 9-15, 2024

AddressTypePriceBedroomsBathsSq Feet
47 Eagle Crest Dr #48Condo$220,00011696
5062 Foothills Dr ACondo$410,00011.51252
1674 Fircrest DrDetached$839,900421998
1951 Greentree RdDetached$1,199,000332449
2160 Crest DrDetached$1,295,000422690
720 Kenola CtDetached$1,495,00033.53727

Pending Sales Dec 9-15, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
100 Kerr Pkwy #40Condo$250,00021.58233
4047 Jefferson PkwyAttached$359,90032.512592
3962 Carman DrCondo$380,00022.51129156
5050 Lower DrDetached$699,00032.5127831
5722 Fernbrook WayDetached$699,00032158039
1621 Larch StDetached$745,00042.5304060
1560 Cherry Crest AveDetached$789,00032.5180853
580 8th StDetached$1,495,00033178888
19177 Hill Top RdDetached$1,799,90053.55168138
3096 Wembley Park RdDetached$2,200,00054416588
1720 Fernwood DrDetached$2,249,900443853172
3876 Lake Grove AveDetached$2,395,00053.54205211

Sold Closed Dec 9-15, 2024

AddressTypeList PriceSold PriceSq FeetCDOM
29 Oswego SummitCondo$209,000$209,00066949
16250 Pacific Hwy #71Condo$299,000$258,8001305543
4 Touchstone #126Condo$272,900$268,9009840
25 Crestfield CtCondo$314,900$289,90099542
146 OswegoCondo$327,000$309,9001212212
16200 Pacific Hwy #2Condo$525,000$500,000119054
5320 Chinook CtDetached$575,000$560,000100897
5132 Timbergrove StDetached$610,000$612,00014392
4582 Trillium WoodsAttached$849,900$790,000192725
1327 Cedar StDetached$964,900$790,00019275
17644 Tree Top LnDetached$1,250,000$1,056,0004240123
14186 Kimberly CirDetached$1,150,000$1,100,000322635
2800 Wembley Park RdDetached$2,600,000$2,971,45745380

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

Toy Drive and Giving Options

All year around, less fortunate people need help from the community. I think of that Everclear song “I will buy you a new life” with the lyrics about a welfare Christmas. This is just a really rough time of year to be down on your luck. Because of this, there are some terrific community opportunities to make someone’s holidays just a bit brighter.

Annual Toy Drive

The Lake Oswego Fire Department is accepting new, unwrapped toys. Toys can be dropped off until December 11th at the main fire station (300 B Ave) or at the library (706 4th St). The toys are then distributed by the Tualatin Valley Elks Lodge.

Warm Clothing Drive

New coats, hats, gloves, and socks can be dropped off at the Adult Community Center (505 G Ave) or at the main fire station or the library until December 10th. They will be distributed by Bethlehem House of Bread in Tigard to local families.

Fleece

Organized by the City’s Youth Action Council, yards of new fleece are being collected to make blankets for the Clackamas Children’s Center. The fabric can be dropped off until December 10th at the Adult Community Center, the Library, or the Teen Lounge (1060 Chandler Rd). Donations need to be made by December 10th.

I am going to call out the obvious, these deadlines are right around the corner and timing is tight. If you miss a deadline, I have one more suggestion. This one is available year around.

Hunger Fighters Oregon

Located at 4 Monroe Parkway, Suite A, this non profit feeds those who are experiencing food insecurity in our community. Non-perishable food can literally be dropped of 24/7, 365 days of the year. They have a decent sized cupboard at the front entry that is secure from the weather. At this time of year, people come in hoping to find items to make a holiday meal. Think about what you prepare for your holiday meal. Is there a recipe that has ingredients that can be donated? I think of things like green bean casserole, canned ham, stuffing mix, a pie crust and pie filling. There are just so many foods that we enjoy at this time of year. If you want to donate a perishable item, that is also possible. You need to donate during hours that the pantry is open. Check their website for details by clicking here.

Thank you for helping those in need this holiday season.

Dianne

Market Activity Nov 25-Dec 1, 2024

Last week, being Thanksgiving week, the market was a bit slow. But even with that National holiday, the real estate market moved right along. In Lake Oswego last week there were 2 new listings, 8 properties that accepted contracts and went pending, and 8 that closed/sold.

See below for RMLS data.

New Listings Nov 25-Dec 1, 2024

AddressTypePriceBedroomsBathsSq Feet
44 Eagle Crest Dr #13Condo$299,000321085
18 Nansen SummitDetached$2,990,00054.55429

Pending Sales Nov 25-Dec 1, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
100 Kerr Pkwy #54Condo$169,90011617167
4 Touchstone #117Condo$269,0002298485
123 Oswego SummitCondo$279,000221212131
4 Touchstone Dr 3147Condo$330,00032.5135181
5061 Foothills Dr BCondo$419,00022107726
1803 Boca Ratan DrAttached$650,00032.5178018
1571 Bay View LnDetached$1,199,00032.52854106
688 6th StDetached$2,335,00042.5293922

Sold/Closed Nov 25-Dec 1, 2024

AddressTypeList PriceSold PriceSq FeetCDOM
1277 Hallinan CircleDetached$649,100$610,00012426
4261 Country Woods CtDetached$725,000$708,000160818
23 Tanglewood DrDetached$849,900$785,000252252
1471 Greentree CirDetached$1,015,000$867,000212891
6080 Burma RdDetached$1,400,000$940,0002134107
3351 Fir Ridge RdDetached$2,395,000$1,750,0004265209
2121 Wembley Park RdDetached$2,999,900$2,599,9005025334
17575 Crestline DrDetached$3,975,000$3,750,000724085

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.

60th Annual Holiday Tree Lighting

November 29th, 3-7pm, Millennium Plaza will be the location for the 60th annual holiday tree lighting festival.

Activities include photos with Santa, Timberview Farm Reindeer, sweet trees, music, caroling, and over 40 vendors. The lighting of the Millennium Tree will happen at 5:30.

It’s a great way to kick off the season!

Market Activity Nov 11-17, 2024

Last week in Lake Oswego the real estate market was very active, for this time of year. There were 13 new listings. Two of those sold quickly and appear in this report as pending sales. There were 15 houses that accepted offers and went into pending status. There were 10 closed sales. Those are solid numbers for November.

See below for RMLS data.

New on the Market Nov 11-17, 2024

AddressTypePriceBedroomsBathsSq Feet
48 Eagle Crest Dr 4ECondo$375,000221489
60 Condolea TerCondo$445,000232784
18021 Tualata AveDetached$570,000311410
15215 Boones WayAttached$597,00032.51600
16081 Pearcy StDetached$736,000331919
1060 Upper Devon LnDetached$1,300,00032.52400
1176 Troon RdDetached$1,400,000323022
17883 Tamara AveDetached$1,725,000433100
17901 Tamara AveDetached$1,749,000433257
815 E AveDetached$2,495,00033.52946
4375 Southshore BlvdDetached$10,500,00055.56147

Pending Sales Nov 11-17, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
25 Crestfield CtCondo$299,9002299542
5062 Foothills Dr C-#7Condo$464,7002212523
18538 Hallberg CtDetached$575,0003187029
5132 Timbergrove StDetached$610,0003214392
10 Greenridge CtAttached$630,00022206355
5722 Fernbrook WayDetached$699,00032158017
6080 Burma RdDetached$975,000322134107
17291 Cedar RdDetached$1,049,00054.528726
14186 Kimberly CirDetached$1,150,00043322635
17644 Tree Top LnDetached$1,199,00043.54240123
16610 Woodsman CtDetached$1,300,000433462112
4027 Canal Woods CtDetached$1,474,00043.54232155
3351 Fir Ridge RdDetached$1,895,00044.54265209
2165 Ridge Pointe DrDetached$1,998,000544749115
2121 Wembley Park RdDetached$2,599,90055.55025334

Sold/Closed Nov 11-17, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
174 Oswego SummitCondo$345,000$330,000150628
3492 Devonshire DrAttached$589,000$608,00015565
5271 Chinook CtDetached$675,000$660,000139066
5365 Denton DrDetached$1,250,000$1,305,00031433
15459 Village DrDetached$1,499,000$1,375,000304911
2337 Hillside LnDetached$1,749,000$1,530,000493293
950 Lund StDetached$1,675,000$1,650,0003098521
3131 Westview CtDetached$1,986,000$1,897,746459752
159 5th StDetached$2,289,900$2,050,000296027
310 Chandler PlDetached$2,595,000$2,370,000390936

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

Rassekh Skate Park is now Open

As of this month, not only is the skate park open, but so is the parking lot and the restrooms. If you are not in the area, you may not have seen all of the construction happening along Stafford Road between the City Golf Course and Rosemont Rd. The skate park is just one component of this development: the others being a new municipal pool and a large rec center. The skate park is step #1.

More exciting news is that this fall the City was awarded a $1 million matching grant from the Oregon Parks and Recreation Department Local Government Grant Program to fund construction of a play ground and picnic shelter adjacent to the skate park. The goal is to complete these by the summer of 2025.

The skate park is formally known as Rassekh Park. These are wonderful improvements to our community. The combination of skate park, playground and picnic shelter sounds like an ideal place to take the kiddos to work off some of that energy. Enjoy!

Dianne

Market Activity Oct 28-Nov 3, 2024

Closed sales and pending sales are holding strong with 16 closed sales and 12 pending sales in Lake Oswego last week. This is a reflection of folks being motivated to get into their new home before the holidays. Active listings have dropped off to just 6. One of those sold quickly and appears in this report as a pending sale.

See below for RMLS data.

New Listings Oct 28-Nov 3, 2024

AddressTypePriceBedroomsBathsSq Feet
4 Touchstone #110Condo$270,00022989
5061 Foothills Dr BCondo$419,000221077
5722 Fernbrook WayDetached$715,000321580
333 6th StDetached$2,325,00043.53605
1289 Chandler RdDetached$5,100,00044.5+.55451

Pending Sales Oct 28-Nov 3, 2028

AddressTypePriceBedroomsBathsSq FeetDOM
5 Crestfield CtCondo$285,0002192116
6313 Alyssa TerAttached$499,00032.5153458
5320 Chinook CtDetached$575,00031.5100897
1277 Hallinan CirDetached$649,0003212426
1471 Greentree CirDetached$899,90042.5212891
4737 Lakeview BlvdDetached$949,00042.5267350
5364 Denton DrDetached$1,250,00042.531433
18440 Delenka LnDetached$1,350,00043.5469628
5464 Southwood DrDetached$1,450,00053368716
14260 Uplands DrDetached$1,595,0004329242
3131 Westview CtDetached$1,899,99644.5459752
17575 Crestline DrDetached$3,898,00054.5+.5724085

Sold/Closed Oct 28-Nov 3, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
100 Kerr Pkwy #24Condo$207,000$150,00061746
4000 Carman Dr D57Condo$319,900$291,0008367
5061 Foothills Dr #87Condo$419,000$400,0009918
5225 Jean Rd #501Condo$445,000$440,00015008
16538 Carnegie AveDetached$589,900$520,000118941
5512 Childs RdDetached$729,900$604,0001928224
6355 Dawn StDetached$625,000$610,0001268113
27 Oriole LnDetached$675,000$650,000185133
5437 Heritage LnDetached$775,000$759,000161962
18434 Sandpiper CirDetached$824,900$824,90018497
3853 Carman DrDetached$1,075,000$1,088,09425315
5651 La Mesa CtDetached$1,170,000$1,175,00027181
1507 Cedar StDetached$1,249,000$1,200,000259021
10 Sherwood CtDetached$1,575,000$1,320,0003289116
2990 Glen Eagles RdDetached$1,495,000$1,500,00037873
17160 Wall StDetached$1,899,000$1,799,000330586

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 Word From Our Mayor

Today we awake in the same great community we fell asleep in. Over our history as a community we’ve consistently demonstrated our ability to come together, lead by example, respectfully engage in civil dialogue and care for one another as neighbors. We’re a community of mixed political beliefs but many shared values, and today, just like every day, our neighbors are counting on us to continuing supporting one another as we make Lake Oswego a community every resident feels safe and at home in, where we enhance the natural environment for future generations, where local businesses can thrive and where our kids receive an incredible education.

I’m grateful to Lake Oswego voters for another term as your mayor. In that role my first priority is to ensure our community is safe and healthy for everyone in it. The impact we all have locally from the love we hold for our City and one another as neighbors transcends any national rhetoric meant to divide and instill fear. As Oswegans we stand united behind ensuring a positive future for our City, in protecting every one of our neighbors and in standing up for what’s right and just. I look forward to walking hand and hand with you all and my colleagues on the City Council as we work toward many more shared accomplishments in the years ahead! Congratulations to Councilors Mboup, Verdick and Rapf on their re-elections and to State Rep. Daniel Nguyen on his! Our community has good people representing it thanks to you all as voters.

Joe Buck, 11/6/24

Plan Ahead for a very Trolley Holiday

Riding the Willamette Shore Trolley is a lot of fun. It runs on an old rail line from 313 N State Street in Lake Oswego to Bancroft Street in the South Waterfront in Portland. Round trip takes approximately 90 minutes.

I celebrated my Mom’s birthday on the Trolley several years ago. We brought along a picnic and turned it into an event.

Yesterday, while having lunch at Dang’s on State Street, I saw the Trolley go by. Here I had thought that the 2024 Trolley season was over. Turns out, it’s not.

There are 4 special Trolley events still happening. The first on is today and tomorrow (Oct 26 and 27), Fall Colors Trolley Trips. At noon and 2pm, fares are just $10.

At Christmas there is Fa La La Trolley, a Trolley ride for those who enjoy caroling. The Tinseltown Trolley is being organized by Lake Oswego Parks and Rec and may include a visit from Santa. Last, on December 10th, 13th, 17th, 19th and 21st, the Trolley will run to allow viewing of the Christmas Ship Parade on the Willamette River.

Plan ahead to participate because tickets are sold on a first-serve, first-come basis. For ticket information, click here.

Halloween my be just around the corner, but the holidays are not far behind. Enjoy!

Dianne

Market Activity Oct 14-20, 2024

New listings had a pretty big bump up last week with 20 new properties coming onto the market. It had me wondering why. There are two thoughts that come to my mind. First, many corporations align their fiscal year with the calendar year. Listing a property now will allow them to, hopefully, write off the costs associated with relocating an employee and writing it off in this fiscal year. My other thought is that people in general prefer to move before the holidays fully take over their lives. In any case, that’s a pretty bump from the dozen or so new listings that we’ve been seeing for sometime now.

There were 8 properties that moved to pending status and 13 closed sales.

See below for RMLS data.

New Listings Oct 14-20, 2024

AddressTypePriceBedroomsBathsSq Feet
100 Kerr Pkwy #47Condo$190,00011617
29 Oswego SummitCondo$209,00011669
44 Eagle Crest Dr #15Condo$220,00011798
44 Eagle Crest Dr #21Condo$225,00011798
5 Crestfield CtCondo$299,90021921
5058 Foothills Dr FCondo$424,800221370
18538 Hallberg CtDetached$575,00031870
3492 Devonshire DrAttached$589,00032.51556
6238 McEwan RdDetached$595,000311170
26 Greenridge CtAttached$625,00032.51996
1368 Boca Ratan DrAttached$629,000321611
1212 Laurel St #9Detached$678,0003321644
4261 Country Woods CtDetached$725,000221608
1560 Cherry Crest AveDetached$789,00032.51808
1621 Larch StDetached$799,00042.53040
1 Bernini CtDetached$1,150,00043.53697
5464 Southwood DrDetached$1,450,000533687
871 Country Club RdDetached$2,395,00043.54429
5185 Carman DrDetached$3,888,00032.54407
876 North Shore RdDetached$5,095,00043.55793

Pending Sales Oct 14-20, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
360 Cervantes CirCondo$245,000218327
174 Oswego SummitCondo$345,00022150628
5271 Chinook CtDetached$650,00032139066
17900 Westview DrDetached$799,000321960157
5948 Bay Point DrDetached$909,95042.52421107
1327 Cedar StDetached$964,90042.523505
200 Burnham Rd #410Condo$1,050,00032180618
18560 Westview DrDetached$1,200,00052.53411136

Sold/Closed Oct 14-20, 2024

AddressTypeList PriceClosed PriceSq FeetCDOM
121 Leonard St CCondo$499,900$465,000141377
16 Grouse TerDetached$1,050$850,0002627154
1 Windsor CtDetached$879,999$850,000203862
3 Scarborough DrDetached$1,190,000$900,0003778121
1237 Hallinan CirDetached$995,000$995,00015900
782 Sunny Hill DrDetached$1,145,000$1,027,000201251
1029 Laurel StDetached$1,350,000$1,175,0003208108
171 5th StDetached$1,399,900$1,400,000236710
768 7th StDetached$1,895,000$1,825,000292122
17930 Kelok RdDetached$3,149,900$2,815,0004715569
3232 Lakeview BlvdDetached$5,850,000$5,300,0008170668
16819 Allen RdDetached$7,950,000$6,500,000488259
769 Northshore RdDetached$3,995,000$3,800,00037000

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