Portland Area Feb 2024 Stats + LO

Here is your breakdown from the previous month/February for Portland and surrounding areas including LO broken out at the bottom. ***Be sure to check out the Neighborhood Report which categorizes down into smaller pieces.

Overview/Fluctuations ~ February 2024 Market Data:                                                OK! We still need more Inventory but, noting the usual surge at the beginning of the year, we’re still in decent shape compared to recent history. More people are Listing their homes than at this time last year, and Buyer activity is up as evidenced by the rise in Pending sales/Accepted Offers over last month. East side prices all appear to be rising and we see West Portland, Beaverton, Tigard and Hillsboro areas all seeming to take a little dip.

Rates: “No surprises with recent inflation and jobs data means rates are holding steady in the mid to upper 6% range”         Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report  for the Portland Metro Area February 2024:

  • There were 2,085 New Listings in February which is up 18.2% from 1,764 in Feb 2023 and up 7.4% from the 1,941 in the previous month/January.
  • At 1,284 Feb 2024’s Closed Sales (Solds) are down 10.5% from Feb 2023’s 1,434, and up 14.6% from the previous month’s total of 1,120.
  • At 1,742 Feb 2024’s Pending Sales (Accepted Offers) are up 2.3% from Feb 2023’s  1,703, and up 16.8% from the previous month/January’s total of 1,492.
  • The Average Sale Price for Feb 2024 of, $576,900 is up$7,700. from last year/ Feb 2023’s $569,200, and up $12,300 from the p­­revious month/Jan’s $564,600. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in Feb 2024 of $530,000 is up $17,100 from Feb 2023’s $512,900, & up $25,000 from Jan’s $505,000

LAKE OSWEGO: (Month of Feb ’24)

177 Active Listings (Jan 167)
123 New Listings  (Feb 96)
91 Pending Sales (Feb 69)
60 Closed Sales  (Feb 44)
Average Sale Price for Feb: $1,018,400 (Jan $883,600)
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 Days on the Market   (Jan 89)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ Feb 26-March 3, 2024

Last week Lake Oswego had 18 New properties enter the market, 17 move to Pending status, and 13 that Sold/Closed. There are currently 125 properties available ranging from $199,900 to $11,500,000.

Here is the breakdown according to RMLS:

NEW Feb 26-Mar 3, 2024

AddressList PriceBedsBathsSFProp Type
5058 FOOTHILLS DR #100$449,900221370CONDO
5726 SW DOGWOOD DR$519,000312664DETACHD
156 RIDGEWAY RD$549,00032.12001CONDO
5097 ROSEWOOD ST$725,00042.11920DETACHD
121 WILBUR ST$749,900321631CONDO
5030 CENTERWOOD ST$795,00042.12364DETACHD
18150 BRYANT RD$824,900321468DETACHD
13819 PROVINCIAL HILL DR$925,00032.12096DETACHD
5228 COVENTRY CT$975,00042.12382DETACHD
17654 CARDINAL DR$1,195,00032.12042DETACHD
625 3RD ST$1,198,00032.12645ATTACHD
19263 35TH PL$1,225,00043.13476DETACHD
1131 DEVON LN$1,275,00043.13697DETACHD
16368 LAKE FOREST BLVD$1,399,00042.12750DETACHD
17625 WOODHURST PL$1,648,00054.14513DETACHD
4311 UPPER DR$1,849,00043.15051DETACHD
14383 FOSBERG RD$2,250,00043.14543DETACHD
14050 GOODALL RD$2,450,00054.26943DETACHD

PENDING Feb 26-Mar 3, 2024

AddressList PriceBedsBathsSFProp TypeDays
750 1ST ST, C-16$349,995221350CONDO157
4516 LOWER DRb B4$575,00032.11997CONDO17
3485 DEVONSHIRE DR$624,950321556ATTACHD32
5 PHEASANT RUN$634,900321420DETACHD121
31 PARTRIDGE LN$749,900433158DETACHD5
17 SPINOSA$750,000323123DETACHD12
5995 SHAKESPEARE ST$899,999332600DETACHD47
3814 RIVERS EDGE DR$969,00042.12937DETACHD35
16084 WHITE OAKS DR$975,00042.12226DETACHD12
5228 COVENTRY CT$975,00042.12382DETACHD1
363 3RD ST$1,015,00033.12112ATTACHD9
13265 FOX RUN$1,089,00042.12614DETACHD8
1131 DEVON LN$1,275,00043.13697DETACHD2
3721 UPPER DR$1,500,00042.13249DETACHD297
2711 GREENTREE RD$1,749,00053.13315DETACHD48
4355 HAVEN ST$1,899,90044.13211DETACHD96
17485 CARDINAL DR$2,590,00043.13307DETACHD4

SOLD Feb 26-Mar 3, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
205 / Main$275,000$195,00021.11216CONDO207
85 GALEN ST / Grnd$289,900$278,00022989CONDO113
4333 SILVER CT$515,000$515,00032.11902CONDO7
16184 LAKE FOREST BLVD$510,000$520,000311342DETACHD8
121 TOUCHSTONE TER$560,000$560,00032.11964ATTACHD4
7 PEACOCK PL$579,000$570,00032.11388DETACHD104
18667 SW BENFIELD AVE$709,900$690,000421414DETACHD2
31 CHURCHILL DOWNS$775,000$775,00064.13794DETACHD146
2255 GLEN HAVEN RD$1,069,000$800,000332814DETACHD206
5554 ROYAL OAKS DR$850,000$830,000321861DETACHD17
17890 ROYCE WAY$1,000,000$1,050,000633108DETACHD3
674 1ST ST$1,195,000$1,124,50022.12147CONDO173
4255 CHAD DR$1,350,000$1,250,00043.13853DETACHD173

This Week in Lake Oswego

Here are my picks for what to do in Lake Oswego this week~

Mon, Feb 26, 20241:00-3:00 PM ~ Stress-Busting for Family Caregivers – (FREE – Mondays till 3/18)- This program has been proven to help family caregivers caring for a loved-one with chronic illness, Alzheimer’s, etc. to cope better with their lives. Call 503-635-3758 to inquire. MORE INFO HERE

Tues, Feb 27, 2024 – 2:30-4:30 PM ~ Slow Jam ~ Come & enjoy playing music with others! Bring your instrument and make some musical friends.. – ACC, 505 G Avenue Lake Oswego More Info: CLICK HERE

Wed, Feb 28, 2023 – 5:30-6:30 PM ~ MLK Community Celebration ~ (Livestream + In-Person Hybrid)  Celebrate and commemorate Dr Martin Luther King Jr’s life with art, musical performances and more! (This was rescheduled to now due to the ice storm earlier) ~ Lake Oswego Public Library, 706 Fourth St ~ More Info :  CLICK HERE

Thurs, Feb 29, 2023 – 7:00 PM ~ Lakewood Theater Evening Performances (Dress Rehearsal!) ~Register for this awesome opportunity to enjoy live dress rehearsal performances. Must register & be there for doors opening (7:00) & curtain rising at 7:30. ~ 368 S. State St, Lake Oswego – More Info:  CLICK HERE

Fri, Mar 1, 2023 – 11:30 AM ~ Strength & Stretching ~ Full body strength training using various equipment integrating mobility and stretches! Please bring your own mat. ACC, 505 G Avenue Lake Oswego ~ More Info: CLICK HERE

Sat, Mar 2, 2023 – 6:00-8:30 PM – Swingin’ Sock Hop! ~ they’re calling it the “Small Tall Ball” for children & guardians. Put on your poodle skirt & hit the dance floor! The dance includes dinner, dessert, DJ, crafts… just a fun time in the 50’s for an evening.~ CCP, 1060 Chandler Road~ More Info/TICKETS: CLICK HERE

Market Activity ~ Feb 12-18, 2024

Last week Lake Oswego had 20 properties entering the market (New), 15 moving to Pending status, and 10 that Sold/Closed. There are currently 117 homes available ranging from $199,900 to $11,500,000

Here is the breakdown according to RMLS:

NEW Feb 12-18, 2024

AddressList PriceBedsBathsSFProp Type
92 Oswego Summit #92$225,00011764CONDO
668 MCVEY AVE #14$389,50011636CONDO
3942 CARMAN DR$479,90032.11326CONDO
4516 LOWER DR, B4$575,00032.11997CONDO
1682 BONNIEBRAE DR$585,000421611ATTACHD
111 3RD ST / Upper$650,000221206CONDO
17 SPINOSA$750,000323123DETACHD
16084 WHITE OAKS DR$975,00042.12226DETACHD
14231 Edenberry DR$999,99942.12936DETACHD
24 AQUINAS ST$1,050,00032.13200DETACHD
1053 YATES ST$1,075,00042.12598DETACHD
139 DEL PRADO ST$1,615,00042.12935DETACHD
2917 WESTVIEW CIR$1,690,00054.14343DETACHD
4243 UPPER DR$2,249,900443361DETACHD
361 10TH ST$2,949,90044.13710DETACHD
3145 Douglas CIR$3,299,90044.14735DETACHD
17930 KELOK RD$3,449,90053.24715DETACHD
17227 CANAL CIR$4,450,00054.14720DETACHD
13770 GOODALL RD$4,995,00054.15891DETACHD
951 ATWATER RD$6,295,00075.19163DETACHD

PENDING Feb 12-18, 2024

AddressList PriceBedsBathsSFProp Type
92 Oswego Summit #92$225,00011764CONDO
668 MCVEY AVE #14$389,50011636CONDO
3942 CARMAN DR$479,90032.11326CONDO
4516 LOWER DR, B4$575,00032.11997CONDO
1682 BONNIEBRAE DR$585,000421611ATTACHD
111 3RD ST / Upper$650,000221206CONDO
17 SPINOSA$750,000323123DETACHD
16084 WHITE OAKS DR$975,00042.12226DETACHD
14231 Edenberry DR$999,99942.12936DETACHD
24 AQUINAS ST$1,050,00032.13200DETACHD
1053 YATES ST$1,075,00042.12598DETACHD
139 DEL PRADO ST$1,615,00042.12935DETACHD
2917 WESTVIEW CIR$1,690,00054.14343DETACHD
4243 UPPER DR$2,249,900443361DETACHD
361 10TH ST$2,949,90044.13710DETACHD
3145 Douglas CIR$3,299,90044.14735DETACHD
17930 KELOK RD$3,449,90053.24715DETACHD
17227 CANAL CIR$4,450,00054.14720DETACHD
13770 GOODALL RD$4,995,00054.15891DETACHD
951 ATWATER RD$6,295,00075.19163DETACHD

SOLD Feb 12-18, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
640 SOUTH SHORE BLVD$715,000$631,000322391DETACHD85
5733 KIMBALL CT$669,000$645,000421346DETACHD159
12 INDEPENDENCE AVE$839,500$815,000442994DETACHD53
4690 AUBURN LN$900,000$840,00033.12750ATTACHD76
29 DEL PRADO ST$1,050,000$1,070,000423037DETACHD3
14232 KIMBERLY CIR$1,250,000$1,235,000433672DETACHD84
6040 LAKEVIEW BLVD$1,349,000$1,350,000533701DETACHD10
5320 CHILDS RD$2,100,000$1,825,000634765DETACHD29
17312 BERGIS FARM DR$1,999,000$1,999,00044.24804DETACHD104
12790 S FIELDING RD$4,990,000$4,900,00067.19124DETACHD143
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 (***We’ve used “Days” in each category for ease of understanding) .

Jan 2024 – Stats for Portland Area + LO

Here is your breakdown from the previous month/January for Portland and surrounding areas including LO broken out at the bottom. ***Be sure to check out the Neighborhood Report which categorizes down into smaller pieces.

Overview/Fluctuations ~ January 2024 Market Data: 

The big stories are that the Portland Metro area saw a jump in overall inventory, and New Listings shot up over last month by 89.2%.  Neither of these things is unusual as we move past the dividing line into the New Year, and/but there is a general feeling that this is just the beginning of a new trend. We’ll have to see what the numbers are for Feb once they’re available.  We also see downward motion on the overall sale price numbers from December… That is not necessarily unusual either because the end of the year is a notorious time for people to want to negotiate aggressively for various reasons.

Lake Oswego sale price average can vary widely from month to month affected greatly by the sale of one or several high dollar or low dollar properties that tend to skew the real meaning of following that particular stat in LO.

Rates: “Rates have stabilized in the low to mid 6% range. I don’t anticipate major movement in the next few weeks”         Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report  for the Portland Metro Area January 2024:

  • There were 1,941 New Listings in January which is up 0.2% from 1,938 in Jan 2023 and a whopping 89.2% from the 1,026 in the previous month/December.
  • At 1,120 Jan 2024’s Closed Sales (Solds) are up 2.9% from Jan 2023’s 1,088, and down 15.8% from the previous month’s total of 1,330.
  • At 1,492 Jan 2023’s Pending Sales (Accepted Offers) are down 15.8% from Jan 2023’s 1,771, and up 14.0% from the previous month/December’s total of 1,309.
  • The Average Sale Price for Jan 2024 of, $564,600 is up$31,700. from last year/Jan 2023’s $532,900, and is down $22,200 from the p­­revious month/Dec’s $586,800. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in Jan 2024 of $505,000 is up $15,500 from Jan 2023’s $489,500, & down $20,000 from Dec’s $525,000

NEIGHBORHOODS:

LAKE OSWEGO: (Month of Jan ’24)

167 Active Listings (Dec 171)
96 New Listings  (Dec 45)
69 Pending Sales (Dec 46)
44 Closed Sales  (Dec 60
Average Sale Price for Dec: $883,600 (Dec $1,095,500)
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.
89 Days on the Market   (Dec 71)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ Jan 29 – Feb 4, 2024

Last week there were 15 properties New to the market in Lake Oswego. 10 received Offers and moved to Pending status, and 3 Sold/Closed. Right now there are 104 lovely homes available ranging from $199,900 to $11,500,000. Four are in “Bump-able” status meaning that they’re under some kind of contingent contract and you may view them and make an Offer of your own if you like.

Here is the breakdown according to RMLS:

NEW Jan 29-Feb 4, 2024

AddressList PriceBedsBathsSFProp Type
45 EAGLE CREST DR, #119$299,119$321348CONDO
209 CERVANTES, Lower$330,000$21.11216CONDO
284 CERVANTES, Lower$345,000$221052CONDO
200 BURNHAM RD, #306$359,000$211199CONDO
5052 FOOTHILLS DR, C$445,000$321252CONDO
750 1ST ST, #26$447,000$221350CONDO
1951 Greentree RD$599,900$332449DETACHD
2818 POPLAR WAY$650,000$311056DETACHD
2062 CEDAR CT$898,000$321805DETACHD
4575 OAKRIDGE RD$925,000$32.11976ATTACHD
18810 STAFFORD RD$999,000$211884DETACHD
18100 BRYANT RD$1,050,00031.11804DETACHD
5406 LANGFORD LN$1,279,00032.13415DETACHD
18187 SIENA DR$1,850,00043.13908DETACHD
17331 CANYON DR$2,295,000443795DETACHD

PENDING Jan 29-Feb 4, 2024

AddressList PriceBedsBathsSFProp TypeDays
85 GALEN ST$279,90022989CONDO113
4333 SILVER CT$515,00032.11902CONDO7
121 TOUCHSTONE TER$560,00032.11964ATTACHD4
5554 ROYAL OAKS DR$850,000321861DETACHD17
660 TIPPECANOE CT$875,000321538DETACHD3
939 SUNNY HILL DR$949,90042.13250DETACHD213
17890 ROYCE WAY$1,000,000633108DETACHD3
674 1ST ST$1,175,00022.12147CONDO173
18521 WAXWING CIR$1,200,00042.12936DETACHD72
1836 HIGHLANDS LOOP$2,450,00044.25494DETACHD449

SOLD Jan 29-Feb 4, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
3433 MCNARY PKWY #407$275,000$275,000221008CONDO41
950 TERRACE DR$1,950,000$1,969,00043.14619DETACHD21
17132 LOWENBERG TER$2,100,000$2,010,00044.23322DETACHD61
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 (***We’ve used “Days” in each category for ease of understanding) .

This Week in Lake Oswego

Happy Lunar New Year!

Here are my picks for what to do in Lake Oswego this week~

Mon, Jan 29, 20246:00-8:00 PM ~ Diversity, Equity and Inclusion Advisory Board Meeting (Last Monday every month)- Learn how you can be involved in this dynamic community activity. ***Via Zoom*** MORE INFO HERE

Tues, Jan 30, 2024 – 2:30-4:30 PM ~ Slow Jam ~ Come & enjoy playing music with others! Bring your instrument and make some musical friends.. – ACC, 505 G Avenue Lake Oswego More Info: CLICK HERE

Wed, Jan 31, 2023 – 1:00-4:00 PM ~ Creative Hands ~  This group of volunteers meets to work with donated materials, creating useful items for the community ~ ACC, 505 G Avenue Lake Oswego ~ More Info :  CLICK HERE

Thurs, Feb 1, 2023 – 9:00 AM – 1:00 PM ~ Indoor Playground! ~Bring your little ones 4 yrs old and under to play indoors where it’s warm & dry…& fun! ~ CCP / Cummins Hall, 1060 Chandler Road – More Info:  CLICK HERE

Fri, Feb 2, 2023 – 2:00-4:00 PM ~ Family Movie Matinee~ Start your long weekend with a movie on a rainy day at cozy Children’s Library. ~ Lake Oswego Public Library, 706 Fourth St ~ More Info: CLICK HERE

Sat, Feb 3, 2023 – 1:00-4:00 PM – Lunar New Year Festival!~ Come celebrate the Year of the Dragon with stories, songs, poetry, dance performances, red envelope-folding, dumpling-making lessons & more! ~ Lake Oswego Public Library, 706 Fourth St ~ More Info: CLICK HERE

Market Activity ~ Jan 15-21, 2024

Last week we saw sparse activity largely attributable to the challenging weather & frozen roads inhibiting travel. Even so, however, 4 homes entered the market, 3 moved to Pending status, and 4 Closed/Sold. Two of the three Pending sales were on the market a very short period of time, one of them 4 days appearing as both New and Pending in this same report…so people are out looking for and buying homes regardless of the weather!

Here is the breakdown according to RMLS:

NEW Jan 15-21, 2024

AddressList PriceBedsBathsSFProp Type
4000 CARMAN DR #91$295,000$11767CONDO
45 EAGLE CREST DR #122$315,000$321348CONDO
3804 BOTTICELLI ST$330,000$21.11132CONDO
16184 LAKE FOREST BLVD$510,000$311342DETACHD

PENDING Jan 15-21, 2024

AddressList PriceBedsBathsSFProp TypeDays
4000 CARMAN DR #91$295,000$11767CONDO3
4 SW TOUCHSTONE DR #135$345,000$32.11303CONDO15
2255 GLEN HAVEN RD$859,000$332814DETACHD206

SOLD Jan 15-21, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
11 OSWEGO #11$332,800$311,000$221241CONDO2
4089 JEFFERSON PKWY$445,000$389,900$22.11361CONDO446
16211 INVERURIE RD$699,900$725,000$32.11819DETACHD26
2320 GLEN HAVEN RD$2,169,900$2,119,900$343875DETACHD140
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 (***We’ve used “Days” in each category for ease of understanding) .

2023 In Review ~ Stats for Portland Area + LO

It’s that time of year when our numbers have come in for the previous 12 months and we get to compare. I try to give a comprehensive look at the various areas or “Neighborhoods” (see Neighborhood Report graph below) that make up the Portland Metro area which includes Lake Oswego and breaks out our monthly comparison for LO also at the bottom. Here is the way it ended up!

Overview/Fluctuations ~ December 2023 – YEAR END Market Data:                                 

It’s been an interesting and atypical year in real estate overall. What we can see is that the market seems to be stabilizing with Inventory on it’s way to normalizing and prices stabilizing somewhat, ie still up over last year, while down seasonally from the month prior. We’ve seen a decreasing trend in Activity since the beginning of the Fed’s rate-hiking spree in Fall of 2022, and/but that seems to be turning around now based on 2024’s start and coinciding with the Fed backing off and anticipated/stated continuance of that. All in all, the experts are predicting a flourishing 2024 real estate market, and that’s what we’re seeing on the ground in Portland, OR. 

As for Lake Oswego: Lake Oswego is the standout that continues to see healthy appreciation through thick & thin!

 Rates: “Despite volatility with inflation numbers, rates are holding under 7% and looking great!”          Gary Boyer, Regional VP, Directors Mortgage

The twelve months of 2023 compared to 2022: New Listings, (29,689) decreased 18.%. Pending Sales (21,363) decreased 20.4%, and Closed Sales (20,941) decreased 25.2%. By Comparison, Twelve months of 2022 as compared to 2021 from last year’s December Report: New Listings, (36,210) decreased 10.7%. Pending Sales (26,852) decreased 24.2%, and Closed Sales (27,985) decreased 20.5%.

                                                                                                                                                                                                            

According to the RMLS Market Action Report  for the Portland Metro Area December 2023:

  • There were 1,026 New Listings in December which is down 4.4% from 1,073 in Dec 2022 and down 43.9% from the 1,828 in the previous month/November.
  • At 1,330 Dec 2023’s Closed Sales (Solds) are down 9.2% from Dec 2022’s 1,464, and  decreased 1.0% from the previous month’s total of 1,344.
  • At 1,309 Dec 2023’s Pending Sales (Accepted Offers) are up 8.5% from Dec 2022’s 1,206, and down 9.2% from the previous month/November’s total of 1,441.
  • The Average Sale Price for Dec 2023 of, $586,800 is up$20,100. from last year/Dec 2022’s $566,700, and dropped $9,300 from the p­­revious month/Nov’s $596,100. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in Dec 2023 of $525,000 is up $17,500 from Dec 2022’s $507,500, & dropped $2,600 from Nov’s $527,600.

LAKE OSWEGO: (Month of Dec ’23)

171 Active Listings (Nov 199)
45 New Listings  (Nov 75)
46 Pending Sales (Nov 73)
60 Closed Sales  (Nov 81)
Average Sale Price for Dec: $1,095,500 (Nov $1,068,800,500)
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.
71 Days on the Market   (Nov 68)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ Jan 1-7, 2024

The first week of 2024 in Lake Oswego saw 7 New properties enter the market, 8 move to accepted Offer/Pending status, and 2 Closed/Sold. Right now there are 107 homes available in Lake Oswego ranging from $199,900 to $11,500,000.

Here is the breakdown according to RMLS:

NEW Jan 1-7, 2024

AddressList PriceBedsBathsSFProp Type
100 KERR PKWY #32$199,900$11617CONDO
4 TOUCHSTONE #68$275,000$22984CONDO
4 SW TOUCHSTONE DR #135$345,000$32.11303CONDO
16724 ROOSEVELT AVE$599,000$31.11270DETACHD
12123 ORCHARD HILL WAY$874,900$42.12841DETACHD
950 TERRACE DR$1,950,000$43.14619DETACHD
1515 CHERRY LN$2,675,000$55.15719DETACHD

PENDING Jan 1-7, 2024

AddressList PriceBedsBathsSFProp TypeDays
4 TOUCHSTONE #68$275,000$22984CONDO3
18017 TUALATA AVE$595,500$321124DETACHD18
14232 KIMBERLY CIR$1,250,000$433672DETACHD84
322 2ND ST$1,250,000$33.11974ATTACHD68
670 1ST ST$1,399,900$32.12767CONDO133
17104 CANAL CIR$1,895,000$43.13473DETACHD325
12790 S FIELDING RD$4,990,000$67.19124DETACHD143
4745 DOGWOOD DRAUCTION$443920DETACHD43

SOLD Jan 1-7, 2024

AddressOpeningClosedBedsBathsProp TypeSFDays
1720 FERNWOOD DR$579,000$667,500$32DETACHD15605
4740 LAMONT CT$825,000$794,900$32DETACHD177652
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 (***We’ve used “Days” in each category for ease of understanding) .