Linda Rossi – Property Blotter

May 1, 2021May 2, 2021

This Week in Lake Oswego

Spring is in the air, people are starting to peek out from their safe spaces & Lake Oswego is as beautiful as ever. Here are my picks for things to do this week either online or in person:

Mon, May3rd, 2021 – 4:30-5:30PM–Youth Mountain Biking Series 1 ~ Meet at Luscher Farm/The Quarry at East Waluga Park to learn shifting, body position, pedal position, climbing, descending, cornering and managing trail obstacles! Mondays till 5/24- More Info & Registration: CLICK HERE

Tues, May4th, 2021 – 4:00-5:00PM –Cook the Books ~ Meet online every Tuesday with Librarians Shannon & Alicia to eat and talk about food & recipes. – More Info & Registration: CLICK HERE

Wed, May5th, 2021 – 6:00-8:00PM –Pickelball Clinic & Play (18yrs+)~ Learn the basics and then join in with the fastest growing sport in America! Wednesdays till 5/26 at George Rogers Park – More Info & Registration: CLICK HERE

Thurs, May6th, 2021 – 7:00-8:30PM –Public Library Trivia Night! ~ Its like “Pub Trivia” but shorter…and you’re not in a pub! Plus there are Powell’s Gift Cards involved… Thursdays online- More Info & Registration: CLICK HERE

Fri, May7th, 2021 – 6:30-9:30PM –Samurai in the Oregon Sky with Ilana Sol! ~ Join the Filmmaker as she presents her film & joins for post-viewing questions & answers. – Her first film ON PAPER WINGS won 7 awards and was included in an episode of NPR’s Radiolab. SAMURAI IN THE OREGON SKY is her second film~ In 1942, Japanese pilot Nobuo Fujita catapulted his seaplane off of a submarine, flew over the Oregon coast, and became the only pilot to bomb the U.S. mainland during WWII. He never dreamed he would one day be invited back to the region, where he would begin a lifelong friendship with the people of a small Oregon town. SAMURAI IN THE OREGON SKY chronicles how Mr. Fujita came to refer to his former target as his “second home.” – More Info & Registration: CLICK HERE

Sat, May8th, 2021 – 8:30AM-1:30PM –Lake Oswego Farmers Market! ~ Millennium Park Plaza is the place to be every Saturday as Artisans and Farmers share their wares in a COVID-safe & festive environment. There are also online ordering options available.- For More Info & Safety Protocols: CLICK HERE

Sun, May9th, 2021 – 11:00-12:00PM –A Bookish Affair!~ Join fellow aficionados of Romance & Happily-Ever-After genres to discuss love stories of all kinds. This week covering The Duke Who Didn’t by Courtney Milan – More Info & Registration: CLICK HERE

May 1, 2021May 2, 2021

Market Activity ~ April 19-25, 2021

This last week in Lake Oswego we saw 10 New Properties come to market, a whopping 36 move to Pending status (accepted Offers), and 16 Closed/Sold.

Here are the details per RMLS:

NEW April 19-25, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
4 TOUCHSTONE #68	$219,000	2	2	984	CONDO
4 TOUCHSTONE #142	$229,900	2	2	979	CONDO
19239 SW BENFIELD AVE	$900,000	3	3	1968	DETACHD
324 LAKEWOOD RD	$928,000	2	2	1383	DETACHD
1874 GLENMORRIE TER	$975,000	3	3	3508	DETACHD
4145 CHAD DR	$1,050,000	4	2.1	3360	DETACHD
940 UPPER DEVON LN	$1,950,000	4	3.1	4464	DETACHD
17301 BERGIS FARM DR	$2,250,000	4	3.1	4737	DETACHD
2679 GLEN EAGLES RD	$2,750,000	4	4.1	4709	DETACHD
197 PINE VALLEY RD	$3,200,000	6	3.1	5983	DETACHD

PENDING April 19-25, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #6	$184,000	1	1	672	CONDO	39
13 OSWEGO SMT / Lower	$199,900	1	1	764	CONDO	8
750 1ST ST E28	$245,000	1	1	902	CONDO	7
526 S State ST 5A	$314,950	2	1	914	CONDO	11
1305 SPRUCE ST	$449,000	3	1	1024	DETACHD	5
5509 BONITA RD	$449,900	3	2	2000	DETACHD	3
17 LAUREL ST	$599,000	3	1.1	3096	DETACHD	6
6090 CARMAN DR	$650,000	4	1.1	1620	DETACHD	44
19061 REDWING CT	$700,000	3	2	1611	DETACHD	4
1225 Hallinan ST	$724,900	3	2.1	1819	DETACHD	6
1002 HEMLOCK ST	$725,000	3	2.1	1950	DETACHD	4
5546 ROYAL OAKS DR	$759,000	3	2	1920	DETACHD	3
282 ASH ST	$780,000	4	2.1	2791	DETACHD	30
19233 INDIAN SPRINGS RD	$799,950	4	4.1	3423	DETACHD	11
3061 WESTVIEW CT	$875,000	4	3	3396	DETACHD	5
13209 TWIN CREEK CT	$888,000	4	2.1	3021	DETACHD	5
17787 BLUE HERON DR	$895,000	4	3	2519	DETACHD	9
16126 SW INVERURIE RD	$899,000	4	2.1	2492	DETACHD	5
30 HILLSHIRE DR	$950,000	4	2.1	3887	DETACHD	2
16176 NOLA CT	$969,000	4	2.1	2945	DETACHD	5
6 SHERWOOD CT	$995,900	4	2.1	3133	DETACHD	4
18015 CARDINAL DR	$1,095,000	3	2	1622	DETACHD	5
3931 BASS LN	$1,365,000	5	4.1	4284	DETACHD	2
19305 HILL TOP RD	$1,375,000	4	3.1	5116	DETACHD	239
1891 PALISADES LAKE CT	$1,425,000	4	4.1	5389	DETACHD	193
558 6TH ST	$1,550,000	3	3.1	2949	DETACHD	4
3159 DOUGLAS CIR	$1,595,000	6	4.1	4500	DETACHD	3
784 6TH ST	$1,625,000	4	3	3200	DETACHD	5
1799 ATHERTON DR	$1,669,000	4	5.1	6280	DETACHD	37
18639 PILKINGTON RD	$1,675,000	4	4	4281	DETACHD	7
19342 LORNA LN	$1,685,000	4	3.1	4375	DETACHD	2
6 DOVER WAY	$1,795,000	4	3.1	4499	DETACHD	9
13217 AMBER PL #1	$1,849,000	4	3.1	3861	DETACHD	430
2950 WEMBLEY PARK RD	$2,499,000	5	5.1	6667	DETACHD	3
18277 CRESTLINE DR	$2,850,000	4	5.1	6892	DETACHD	169
584 RIDGEWAY RD	$4,398,000	4	3.2	4996	DETACHD	3

SOLD April 19-25, 2021

Address	OpeningPrice	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #51	$180,000	$180,000	1	1	670	CONDO	13
4000 CARMAN DR #36	$222,500	$233,000	1	1	836	CONDO	2
48 EAGLE CREST DR %F	$264,900	$240,000	2	2	1370	CONDO	428
26 CERVANTES CIR / Ground	$261,900	$240,000	2	1.1	1107	CONDO	56
4185 CHILDS RD	$535,000	$550,000	3	1.1	1175	DETACHD	5
16880 CORTEZ CT	$575,000	$573,000	3	3	2313	DETACHD	27
63 TANGLEWOOD DR	$625,000	$650,000	4	3	2819	DETACHD	3
1820 SOUTHSHORE BLVD	$700,000	$706,000	3	3	2403	DETACHD	4
5139 TUALATA LN	$799,900	$822,191	4	3	2132	DETACHD	2
2552 PALISADES CREST DR	$975,000	$955,000	4	2.1	3176	DETACHD	12
5544 KILCHURN AVE	$995,000	$1,050,000	4	2.1	3308	DETACHD	4
17311 CANYON DR	$1,149,000	$1,079,000	6	3	5376	DETACHD	35
1061 YATES ST	$1,100,000	$1,136,000	4	3.1	2899	DETACHD	14
17990 RIDGE LAKE DR	$1,445,000	$1,420,000	5	3.1	3897	DETACHD	21
1505 LAKE FRONT RD	$3,495,000	$3,470,000	5	3.1	5525	DETACHD	4
1300 FOREST MEADOWS WAY	$4,098,000	$4,150,000	5	4.2	5974	DETACHD	46

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.

April 18, 2021April 18, 2021

News & Notes ~ March 2021 Numbers

Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.

Overview/Fluctuations ~ Market Data March 2021:

Low Inventory continues to be the driver of competition in the greater Portland area where we see price increases in most neighborhoods/areas from the prior month & all areas increasing over 2020. (See below for breakdown). Comparing 2021 to the same period in 2020 thru March, Overall Average Price has increased 16.6% and Median Price 14.9%.

My trusted Mortgage Advisors say Mortgage rates are hovering around 3.125%. This rate varies and can be reduced with a buy-down, or affected by individual qualifiers. I’m happy to connect you with someone to discuss your particular situation.

According to the RMLS Market Action Report for the Portland Metro Area, March 2021:

There were 3,465 New Listings in March 2021 decreased only slightly at 0.1% from March 2020’s 3,468 and increased 40.1% from the previous month/February’s 2,474.
At 2,556, March 2021’s Closed Sales are up 8.5% from March 2020’s 2,356, and also up 29.2% from the previous month/February’s total of 1,978
At 3,346, March 2021’s Pending Sales increased 42.6% from March 2020’s 2,347, and also jumped up by 51.5% from the previous month/February’s total of 2,208.
The Average Sale Price in March 2021 of $554,300 is up $88,800 from last year/March2020’s $465,500, and up $12,300. from the previous month/February’s $542,000.
The “Median” Sale Price (the price smack dab in the middle of all sales) in March 2021 of $488,000 rose $63,000 from last year/March 2020’s $425,000, and also increased $8,900 from the previous month/February’s $479,100.

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of March 2021 reported:

112 Active Listings (Feb 82)
188 New Listings (Feb 97)
156 Pending Sales (Feb 92)
112 Closed Sales (Feb 92)
Average Sale Price for Mar: $944,100 (Feb $876,900)
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
77 Average Days on the Market (Feb 77)

April 15, 2021April 15, 2021

Market Activity ~ April 5-11, 2021

NEW April 5-11, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
526 S State ST 5A	$314,950	2	1	914	CONDO
225 CERVANTES	$319,000	2	1.1	1216	CONDO
3101 MCNARY PKWY #6	$399,900	3	2.1	1532	CONDO
76 GREENRIDGE CT	$674,900	4	3.1	2868	ATTACHD
16041 WALUGA DR	$679,000	4	2	1982	DETACHD
9 FALSTAFF ST	$759,000	4	2.1	2436	DETACHD
18634 Bryant RD	$775,000	3	2.1	2858	DETACHD
19233 INDIAN SPRINGS RD	$799,950	4	4.1	3423	DETACHD
537 COUNTRY CLUB RD	$849,000	3	2	1901	DETACHD
100 LEONARD ST, Upper Lvl	$965,000	3	2.1	2482	CONDO
524 WEIDMAN CT	$979,000	4	2.1	3450	DETACHD
6 DOVER WAY	$1,795,000	4	3.1	4499	DETACHD
17979 S CRESTLINE DR	$3,045,000	4	3	4858	DETACHD

PENDING April 5-11, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
366 CERVANTES CIR	$210,000	2	1	832	CONDO	2
4 TOUCHSTONE #82	$258,000	3	2.1	1351	CONDO	238
5840 SW BURMA RD	$475,000	3	1.1	1632	DETACHD	47
19255 BENFIELD AVE	$499,000	3	2	1840	DETACHD	36
5720 KENNY ST	$499,900	3	2	1416	DETACHD	3
19242 TERRY AVE	$619,900	4	2	1872	DETACHD	2
143 DEL PRADO ST	$621,500	3	2	1907	DETACHD	0
17 ABELARD ST	$650,000	3	2	2122	DETACHD	2
4688 OAKRIDGE RD	$675,000	3	2	1788	DETACHD	17
17608 SYDNI CT	$675,000	4	2.1	2466	ATTACHD	19
5316 LOWER DR	$699,000	3	2.1	2016	DETACHD	15
1268 HIDE A WAY CT	$759,900	4	2.1	2423	DETACHD	6
115 FURNACE ST 2N	$819,000	2	2.1	1885	CONDO	30
5 Mountain View LN	$849,000	5	3.1	3850	DETACHD	61
672 1ST ST	$850,000	2	2.1	1986	CONDO	4
12793 SIERRA VISTA DR	$899,900	4	3.1	3650	DETACHD	3
10 YORICK ST	$925,000	5	3.1	4023	DETACHD	19
1515 CHERRY LN	$925,000	5	3.1	4699	DETACHD	4
12624 SW 22ND AVE	$945,000	4	3.1	3665	DETACHD	4
5544 KILCHURN AVE	$995,000	4	2.1	3308	DETACHD	4
115 ASH ST	$1,025,000	4	3	4469	DETACHD	7
18041 CARDINAL DR	$1,095,000	3	2.1	1950	DETACHD	1
1061 YATES ST	$1,100,000	4	3.1	2899	DETACHD	14
4431 BERNARD ST	$1,149,000	4	3	2840	DETACHD	23
486 LAKE BAY CT	$1,150,000	3	2	1603	DETACHD	4
1255 Bickner ST	$1,199,000	4	2.1	2764	DETACHD	58
18958 BRYANT RD	$1,199,900	4	2.1	3178	DETACHD	13
1992 PALISADES TERRACE DR	$1,250,000	5	3.1	4140	DETACHD	7
13613 PROVINCIAL HILL WAY	$1,550,000	6	3.1	4534	DETACHD	4
15400 DIAMOND HEAD RD	$2,100,000	4	3.1	3358	DETACHD	1
95 IRON MOUNTAIN BLVD	$2,195,000	5	4.1	5710	DETACHD	184
15780 TWIN FIR RD	$2,769,900	4	4.1	4270	DETACHD	44

SOLD April 5-11, 2021`

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #43	$209,500	$212,000	2	1	1017	CONDO	3
4000 CARMAN DR G101	$248,900	$260,000	2	2	869	CONDO	4
4644 LOWER DR, Upper Lvl	$260,000	$285,000	2	1.1	1170	CONDO	5
578 2ND ST	$539,900	$539,900	2	2.1	1361	PLNCOMM	6
853 E AVE	$650,000	$650,000	2	1	750	DETACHD	6
2679 GLEN EAGLES RD	$729,900	$702,000	3	3	2378	DETACHD	277
18975 OLSON AVE	$600,000	$736,000	6	3	3569	DETACHD	5
33 TOUCHSTONE	$699,900	$770,000	5	4	3854	DETACHD	5
4749 BLACK FOREST CT	$715,000	$775,000	4	2.1	2255	DETACHD	5
5796 BAY POINT DR	$775,000	$843,000	4	2.1	2399	DETACHD	2
16631 FORD PL	$899,900	$920,000	4	2.1	3180	DETACHD	4
4184 VIRGINIA WAY	$849,900	$976,000	4	2	1700	DETACHD	5
2240 RIDGEWOOD RD	$939,000	$1,075,000	4	3.1	2777	DETACHD	2
100 GARIBALDI ST	$1,175,000	$1,210,000	5	3.2	4572	DETACHD	3
15420 BOONES WAY	$1,345,000	$1,325,000	3	2.1	3364	ATTACHD	43
419 7TH ST	$1,350,000	$1,350,000	4	2.1	2813	DETACHD	11
17010 Canal CIR	$1,595,000	$1,665,000	4	3.1	3746	DETACHD
1947 Summit DR	$1,795,000	$1,716,000	4	5.1	5570	DETACHD	150
16655 MAPLE CIR	$3,498,000	$3,170,000	3	3.1	3100	DETACHD	0

April 3, 2021April 4, 2021

Happy Easter!

We wish you New Beginnings and All Good & Beautiful Things this Welcome Spring Season~

April 3, 2021April 3, 2021

Market Activity ~ March 22-28, 2021

Last week, Lake Oswego had 8 properties enter the market, 22 move to Pending status, and 18 Close. Currently there are 74 lovely homes available on the market!

The following is the activity according to RMLS:

NEW March 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
5316 LOWER DR	$699,000	3	2.1	2016	DETACHD
282 ASH ST	$780,000	4	2.1	2791	DETACHD
4750 UPPER DR	$1,149,000	5	3.1	3091	DETACHD
885 10TH ST	$1,150,000	4	2.1	2633	DETACHD
18958 BRYANT RD	$1,199,900	4	2.1	3178	DETACHD
2065 RIDGE POINTE DR	$1,495,000	5	4	4790	DETACHD
16847 GREENBRIER RD	$2,700,000	3	2.1	2360	DETACHD
1745 SOUTHSHORE BLVD	$3,495,000	4	4.1	5545	DETACHD

PENDING March 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR, #51	$180,000	1	1	670	CONDO	13
22 OSWEGO SMT / Grnd	$189,900	1	1	764	CONDO	2
125 OSWEGO SMT / Lower	$198,000	1	1	764	CONDO	3
6310 BURMA RD	$499,000	3	1.1	1052	DETACHD	7
4185 CHILDS RD	$535,000	3	1.1	1175	DETACHD	5
4555 WILDWOOD ST	$650,000	3	2	1565	DETACHD	6
4917 MULHOLLAND DR	$678,000	2	2.1	2403	ATTACHD	10
33 TOUCHSTONE	$699,900	5	4	3854	DETACHD	5
28 MORNINGVIEW CIR	$730,000	3	3.1	2895	DETACHD	15
692 2ND ST	$759,900	3	1	2140	DETACHD	17
2941 SW ORCHARD HILL PL	$784,900	5	3.1	3446	DETACHD	4
545 RIDGEWAY RD	$818,000	3	2.1	2110	DETACHD	3
2552 PALISADES CREST DR	$975,000	4	2.1	3176	DETACHD	12
19230 BRYANT RD	$1,060,000	8	4.5	3441	DETACHD	289
144 LEONARD ST	$1,279,000	4	3.1	3552	DETACHD	6
15003 TWIN FIR RD	$1,295,000	4	3.1	2941	DETACHD	7
19305 HILL TOP RD	$1,375,000	4	3.1	5116	DETACHD	208
17990 RIDGE LAKE DR	$1,445,000	5	3.1	3897	DETACHD	21
1799 ATHERTON DR	$1,629,000	5	5.1	6280	DETACHD	10
13217 AMBER PL, #1	$1,849,000	4	3.1	3861	DETACHD	402
16777 PHANTOM BLUFF CT	$1,995,000	4	2.2	5045	DETACHD	14
1300 FOREST MEADOWS WAY	$4,098,000	5	4.2	5974	DETACHD	46

SOLD March 22-28, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
5057 FOOTHILLS DR / Upper	$335,000	$345,000	2	2	1252	CONDO	3
72 GREENRIDGE CT	$425,000	$425,000	3	3	1824	ATTACHD	3
1790 CONIFER DR	$539,000	$520,000	2	1	1003	DETACHD	13
5091 TUALATA LN	$625,000	$702,500	3	2	1500	DETACHD	6
5172 GREENSBOROUGH CT	$739,000	$724,000	4	2.1	2184	DETACHD	102
2 MOZARTEUM CT	$744,900	$780,000	4	2.1	2192	DETACHD	5
18018 GIMLEY CT	$820,000	$859,000	4	3	3637	DETACHD	2
13983 WESTCOTT CT	$898,900	$925,000	4	2.1	2792	DETACHD	4
2574 PALISADES CREST DR	$975,000	$935,000	5	2.2	4563	DETACHD	22
13204 DEERFIELD CT	$1,050,000	$1,030,000	4	2.1	3406	DETACHD	4
3815 SOUTHSHORE BLVD	$875,000	$1,067,000	4	2	2638	DETACHD	4
116 MIDDLECREST RD	$1,390,000	$1,225,000	4	3	2545	DETACHD	38
17680 Stafford RD	$1,299,000	$1,317,000	5	2.1	3804	DETACHD	185
639 CARRERA LN	$1,350,000	$1,320,000	4	3.1	4447	DETACHD	16
4288 LAKEVIEW BLVD	$1,250,000	$1,487,000	3	2	2016	DETACHD	5
892 8TH ST	$1,450,000	$1,515,000	4	3.1	2872	DETACHD	7
17313 BLUE HERON RD	$1,998,500	$1,892,500	4	3.1	3454	DETACHD	431
2950 Lakeview BLVD	$3,100,000	$2,450,000	4	3.1	4299	DETACHD	190

March 19, 2021April 18, 2021

News & Notes ~ Feb 2021 Numbers

Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.

Overview/Fluctuations ~ Market Data February 2021: Inventory is holding steady with one month of supply available. Competition is heavy, though we finally see more properties hitting the market now in March, which should alleviate that a little. Competition pushes prices up as you can see in the Neighborhood Report below comparing January & February prices. Rolling 12-month Appreciation rates in all areas are up.

Mortgage rates will be rising inspired by the economy’s steady recovery. Today’s rates are hovering around 3% or a little higher based on a number of factors, but most can “buy the rate down” a bit & get it lowered. My trusted Mortgage Advisors can give you more info.

According to the RMLS Market Action Report for the Portland Metro Area, Feb. 2021:

There were 2,474 New Listings in Feb 2021 decreased 10.3% from Feb of 2020’s 2,759 and also dropped 4.1% from the previous month/January’s 2,579.
At 1,978, Feb 2021’s Closed Sales are up 4.3% from Feb 2020’s 1,897, and also up 7.1% from the previous month/January’s total of 1,847
At 2,208, Feb 2021’s Pending Sales are down 15% from Feb 2020’s 2,598, and also down 11.5% from the previous month/January’s total of 2,496.
The Average Sale Price in Feb 2021 of $542,000 is up $84,100 from last year/Feb 2020’s $457,900, and up $27,300. from the previous month/January’s $514,700.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Feb 2021 of $470,100 rose $63,100 from last year/Feb 2020’s $407,000, and also increased 10,100 from the previous month/January’s $460,000.

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of February 2021 reported:

82 Active Listings (Jan 84)
97 New Listings (Jan 112)
92 Pending Sales (Jan 121)
92 Closed Sales (Jan 97)
Average Sale Price for Feb: $876,900 (Jan $812,700)
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
77 Average Days on the Market (Jan 46)

March 6, 2021May 1, 2021

This Week In Lake Oswego

Lake Oswego is always chock full of all kinds of activities for its residents. Its really a marvel how, for so many years, such discerning attention is placed on producing a truly diverse array of programs for young, old and all interests. They are mostly virtual now for health & safety reasons, but some safe outdoor & distanced options are also peppered in there. Soon we’ll see the outdoor concerts return!

Here are my picks for what[s happening this week:

Mon, March 8, 2021- 7:15-7:45PM – How to Train Your Cat ~ Believe it or not cats can be trained! (they say… ; ) Every Monday/12 and up. Online – More Info & Registration: CLICK HERE

Tues, March 9 2021– 1:15-2:15PM – Gentle Yoga ~ Join this virtual class that repeats every Tuesday – More Info & Registration: CLICK HERE

Wed, March 10, 2021– 8:00AM – 10:00PM – Author/Fan Face-Off! ~ Each week, in this video series, a student will go head to head on 10 trivia questions from one of a featured author’s favorite books. This week the guest author is Varian Johnson and the featured book is The Great Green Heist Online – For More Info: CLICK HERE

Thurs, March 11, 2021– 6:00-7:30PM – Whole House Organizing~ Each week on Thursdays, Kaye Silver teaches participants to organize one category of household item, such as clothes. The following week participants share their results and learn about the next category, such as memorabilia. Online – More Info & Registration: CLICK HERE

Fri, March 12, 2021– 8:15AM-10:15PM – Essay Contest Deadline: Refugee & Immigrant Experience ~ 2021‌ ‌MINORU‌ ‌YASUI‌ ‌STUDENT‌ ‌CONTEST‌ ‌ “If‌ ‌there‌ ‌is‌ ‌suffering‌ ‌or‌ ‌pain‌ ‌that‌ ‌is‌ ‌unfairly‌ ‌imposed‌ ‌upon‌ ‌anyone,‌ ‌it’s‌ ‌my‌ ‌duty,‌ ‌it’s‌ ‌your‌ ‌duty‌ ‌to‌ ‌try‌ ‌to‌ ‌alleviate‌ ‌it,‌ ‌because‌ ‌that’s‌ ‌the‌ ‌way‌ ‌in‌ ‌which‌ ‌we‌ ‌gain‌ ‌a‌ ‌better‌ ‌life‌ ‌for‌ ‌all‌ ‌of‌ ‌us.” —‌ ‌Minoru‌ ‌Yasui‌ . The‌ ‌Minoru‌ ‌Yasui‌ ‌Student‌ ‌Contest‌ ‌is‌ ‌proud‌ ‌to‌ ‌announce‌ ‌its‌ ‌2021‌ ‌essay‌ ‌competition‌ ‌on‌ ‌Refugee‌ ‌and‌ ‌Immigrant‌ ‌‌E‌xperiences.‌ ‌We‌ ‌celebrate‌ ‌the‌ ‌ideas‌ ‌and‌ ‌opinions‌ ‌of‌ ‌students‌ ‌in‌ ‌grades‌ ‌6‌ through‌ ‌12‌ ‌and‌ ‌challenge‌ ‌them‌ ‌to‌ ‌write‌ ‌an‌ ‌original‌ ‌and‌ ‌thoughtful‌ ‌essay‌ ‌exploring‌ ‌refugee‌ ‌or immigrant‌ ‌experiences.‌ Online – More Info & Registration: CLICK HERE

Sat, March 13, 2021– 9:00AM-9:30AM – Saturday Sing-A-Long ~ Ages 3-5 sing their favorite Disney, folk & popular songs every Saturday! Online – More Info & Registration: CLICK HERE

Sun, March 14, 2021– 10:00AM-12:00PM – Stewardship Work Party at Woodmont Park ~ Plant native species in this new park with Friends of Woodmont Park! More Info & Registration: CLICK HERE

March 6, 2021March 7, 2021

Market Activity ~ Feb 22-28, 2021

Last week we saw only 5 properties enter the market, 13 moved to Pending status and 20 Sold/Closed. There are 66 fabulous properties available right now in Lake Oswego! The market is very tight. This is the time of year we start to see properties hit the market so time will tell if we’ve got a wave of properties coming up, but for now, rates are low & inching higher… its a good time to call a skilled Realtor to help you secure a home. Dianne and I are always a phone, text or email away.

Here is the latest overview of activity in Lake Oswego according to RMLS:

NEW Feb 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
41 GREENRIDGE CT	$415,000	3	2.1	1652	ATTACHD
668 MCVEY AVE #33	$499,000	2	1	852	CONDO
17994 SAINT CLAIR DR	$989,000	4	2.1	3689	DETACHD
5740 SW CHILDS RD	$1,550,000	5	3	5519	DETACHD
15780 TWIN FIR RD	$2,975,000	4	4.1	4270	DETACHD

Pending Feb 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
4 TOUCHSTONE #63	$195,000	2	2	984	CONDO	1
1225 LEE ST	$520,000	3	1.1	1056	DETACHD	80
4832 REDWING WAY	$599,900	3	2	1472	DETACHD	3
17614 SCHALIT WAY	$650,000	3	2	1561	DETACHD	3
5172 GREENSBOROUGH CT	$719,000	4	2.1	2184	DETACHD	102
18 HOTSPUR ST	$750,000	4	2	2025	DETACHD	5
13983 WESTCOTT CT	$898,900	4	2.1	2792	DETACHD	4
2240 RIDGEWOOD RD	$939,000	4	3.1	2777	DETACHD	2
17311 CANYON DR	$1,079,000	6	3	5376	DETACHD	35
116 MIDDLECREST RD	$1,290,000	4	3	2545	DETACHD	38
419 7TH ST	$1,350,000	4	2.1	2813	DETACHD	11
667 LAKE BAY CT	$1,899,900	4	3.1	3616	DETACHD	36
1890 TWIN POINTS RD	$2,650,000	4	3.1	4274	DETACHD	535

Sold Feb 22-28, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
45 EAGLE CREST DR #210	$199,000	$198,000	1	1	780	CONDO	23
3812 BOTTICELLI ST	$319,995	$310,000	3	2	1194	CONDO	41
241 CERVANTES Upper	$400,000	$405,000	2	2	1382	CONDO	3
17095 WESTVIEW DR	$649,000	$575,000	4	3	3356	DETACHD	90
1238 LAUREL ST	$524,900	$600,000	3	2	1485	DETACHD	2
6210 CHILDS RD	$699,000	$710,000	3	2	1433	DETACHD	2
1202 SPRUCE ST	$735,000	$735,000	2	2.1	1706	DETACHD	84
6126 SW Frost LN	$759,000	$745,000	5	3	2497	DETACHD	41
5185 WOODCREST LN	$835,000	$825,000	3	2.1	2554	DETACHD	33
4850 LOWER DR	$825,000	$825,000	4	3	2700	DETACHD	11
5173 WOODCREST LN	$850,000	$905,000	5	3	3220	DETACHD	2
5513 RACHEL LN	$1,049,000	$1,030,000	4	2.1	3335	DETACHD	29
17196 KELOK RD	$1,199,000	$1,050,000	5	3.1	4384	DETACHD	169
3600 PIPER CT	$1,050,000	$1,110,000	5	3.1	4549	DETACHD	4
1156 CHERRY LN	$1,345,000	$1,175,000	5	3.1	4084	DETACHD	79
2120 GLENMORRIE DR	$1,298,000	$1,298,000	4	3.1	4293	DETACHD	125
701 4TH ST	$1,499,000	$1,450,000	3	2.1	2913	DETACHD	43
17495 KELOK RD	$1,600,000	$1,475,000	3	2.1	3282	DETACHD	101
1188 CHERRY CIR	$2,198,000	$2,050,000	5	6.1	8772	DETACHD	550
16649 MAPLE CIR	$3,095,000	$2,730,875	4	3	2714	DETACHD	154

February 18, 2021February 22, 2021

News & Notes ~ Jan 2021 Numbers

Overview/Fluctuations ~ Portland Area Market Data Jan 2021:

The big story in January is that our Inventory increased from .8 to 1.0 months of supply. If you think that’s not much, you’re right! We continue to be at record lows in available homes. Last year in January we had 2.2 months of Inventory, which was low. The previous year (Jan 2019) we had 3.3 months of Inventory. So, the field is still competitive out there which means it is a terrific time to sell a home and if you’re buying, rates are still low hovering around 3.125, so better not to wait!

According to the RMLS Market Action Report for the Portland Metro Area, Jan. 2021:

There were 2,579 New Listings in Jan 2021 decreased 6.4% from Jan of 2020’s 2,754, and increased 48.2% from the previous month/Dec’s 1,740.
At 1,847, Jan 2021’s Closed Sales are up 11.1% from Jan 2020’s 1,663, and down 33.8% from the previous month/Dec 2020’s total of 2,789
At 2,496, Jan 2021’s Pending Sales are up 9.9% from Jan 2020’s 2,271, and also up 24.6% from the previous month/Dec 2020’s total of 2,003.
The Average Sale Price in Jan 2021 of $514,700 is up $51,700 from last year/Jan 2020’s $463,000, and up $700. from the previous month/Dec 2020’s $514,000.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Jan 2021 of $460,000 rose from last year/Jan 2020’s $406,000 by $54,000, and decreased 5,000 from the previous month/Dec 2020’s $455,000

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of January 2021 reported:

84 Active Listings (Dec 114)
112 New Listings (Dec 73)
121 Pending Sales (Dec 110)
92 Closed Sales (Dec 137)
Average Sale Price for Jan: $812,700 (Dec $845,700)
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
46 Average Days on the Market (Dec 60)