Linda Rossi, Author at Property Blotter

July 8, 2023July 8, 2023

Market Activity ~ June 26-July 2, 2023

Last week in Lake Oswego 21 properties entered the market (New), 12 moved to Pending status, and 10 Closed/Sold. Right now there are 166 properties available ranging from $297,000 to $8,998,000.

Here is the breakdown:

NEW June 26-July 2, 2023

Address	List Price	Beds	Baths	SF	Prop Type
200 BURNHAM RD #306	$340,000	2	1	1199	CONDO
5062 FOOTHILLS DR, G	$439,000	2	2	1252	CONDO
5071 W SUNSET DR	$630,000	2	2.1	1734	ATTACHD
440 BOCA RATAN DR	$769,900	3	2	1934	DETACHD
31 WALKING WOODS DR	$825,000	4	3	2855	DETACHD
4855 CENTERWOOD ST	$825,000	3	2.1	2210	DETACHD
31 PARTRIDGE LN	$835,000	4	3	3125	DETACHD
412 LIVINGOOD LN	$998,900	5	2.1	3880	DETACHD
2255 GLEN HAVEN RD	$1,069,000	3	3	2814	DETACHD
641 3RD ST #2	$1,190,000	3	2.1	2092	CONDO
5316 CHILDS RD	$1,200,000	5	2.1	3854	DETACHD
2094 RIDGEWOOD RD	$1,250,000	4	2.1	2616	DETACHD
17532 OAK MEADOW LN	$1,299,900	5	3	3046	DETACHD
3801 Carman DR	$1,495,000	4	4.1	3290	DETACHD
13880 KNAUS RD	$1,500,000	4	3	3762	DETACHD
64 BERWICK RD	$1,595,000	4	3.1	3740	DETACHD
15985 BONAIRE AVE	$1,599,000	3	3	2910	DETACHD
542 4TH ST	$1,599,000	$4	4.2	3512	ATTACHD
1808 RIDGE POINTE DR	$2,249,000	$4	3.1	4860	DETACHD
4311 UPPER DR	$2,390,000	$5	3.1	5051	DETACHD
151 3RD ST #1	$2,500,000	$3	2.1	3278	CONDO

PENDING June 26-July 2, 2023

Address	List Price	Beds	Baths	SF	Prop Type	Days
29 OSWEGO, Grnd	$254,900	1	1	669	CONDO	67
5225 JEAN RD #309	$395,000	2	2	1100	CONDO	15
4901 CHILDS RD	$415,000	3	1	1440	DETACHD	40
39 GREENRIDGE CT	$500,000	3	1.1	1652	ATTACHD	5
4366 WOODSIDE CIR	$589,000	3	2.1	1962	ATTACHD	16
440 BOCA RATAN DR	$769,900	3	2	1934	DETACHD	4
2 MORNINGVIEW PL	$789,000	3	2.1	1887	ATTACHD	5
2410 PARK RD	$799,999	3	2.1	1969	DETACHD	4
14799 UPLANDS DR	$850,000	4	2	2150	DETACHD	43
7 NANSEN	$1,299,000	4	4.1	5640	DETACHD	51
16902 CHAPIN WAY	$1,950,000	4	4	3829	DETACHD	13
1501 COUNTRY CLUB RD	$2,200,000	5	4	4691	DETACHD	27

SOLD June 26-July 2, 2023

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
16250 PACIFIC HWY #55	$370,000	$349,500	2	2	1305	CONDO	57
1458 BOCA RATAN DR	$594,900	$580,000	3	2	1611	ATTACHD	22
200 BURNHAM RD #311	$678,800	$655,000	3	2	1862	CONDO	22
3190 RAINBOW DR	$585,000	$681,000	3	2	2808	DETACHD	4
5106 LAKEVIEW BLVD	$670,000	$715,000	3	2	1769	DETACHD	6
5829 BENFIELD CT	$749,900	$719,900	4	2.1	1744	DETACHD	13
4 CELLINI CT	$775,000	$800,000	4	3	2709	DETACHD	4
1260 ROCKINGHORSE LN	$1,010,000	$1,210,000	4	2.1	2176	DETACHD	3
16321 WHITE OAKS DR	$1,349,000	$1,350,000	4	3.1	2950	DETACHD	4
18480 DELENKA LN	$1,460,000	$1,430,000	5	4.1	4829	DETACHD	18

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) .

July 4, 2023July 4, 2023

Happy 4th of July!!!

Dianne and I wish you and your loved-ones a joyous celebration today!

June 25, 2023July 23, 2023

Portland Metro Neighborhood Stats + LO

Here is our monthly look at the surrounding areas and LO stats broken out below:

Overview/Fluctuations ~ May 2023 Market Data:

Inventory is mysteriously staying the same (low). So, the number of homes entering the market is increasing, the number of homes with accepted Offers is increasing, and the number of Closed sales is increasing…but Inventory is staying the same. And if you look at the Neighborhood Report below you’ll see that in most areas on the east side (with the exception of Oregon City) the price is not moving dramatically from last month, while a few areas were really notable, such as Oregon City/Canby (which dropped by $46,500), West Portland (which rose by $42,500) and Beaverton/Aloha (which rose by $46,000). Overall I’d say it looks to me like the west side is picking up faster than the eastside.

Rates: “Good news on the inflation front will help rates drop. Right now, we are still 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-May 2023:

There were 3,200 New Listings in May– which is down 15.9% from 3,853 in May 2022 and up 22.1% from the 2,653 the previous month.
At 2,008 May 2023’s Closed Sales (Solds) are down 31.1% from May 2022’s 2,916, and up 17.6% from the previous month’s total of 1,707.
At 2,379 May 2023’s Pending Sales (Accepted Offers) are down 23.8% from May 2022’s 3,122, and up 9.9% from the previous month/April’s total of 2,164.
The Average Sale Price for May 2023 of, $618,800 is down $30,800 from last year/May 2022’s $649,600, and up $12,700 from the previous month/April’s $606,100.
The “Median” Sale Price (the price smack dab in the middle of all sales) in May 2023 of $550,000 dropped $25,000 from May 2022’s $575,000, & is up $20,000 from April’s $530,000.

LAKE OSWEGO: (May ’23)

206 Active Listings (Apr 170)
165 New Listings (Apr 135)
122 Pending Sales (Apr 107)
110 Closed Sales (Apr 88)
Average Sale Price for May: $1,043,900 (Apr $1,126,300)
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.
44 Days on the Market Apr 34)

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

June 23, 2023June 24, 2023

Market Activity ~ June 13-18, 2023

Last week there were 21 properties entering the market (New) , 16 with accepted offers (Pending) and 11 that Closed/Sold. Right now there are 154 properties available in Lake Oswego ranging from $254,900 to $8,998,000.

Here’s the breakdown:

NEW June 13-18, 2023

Address	List Price	Beds	Baths	SF	Prop Type
92 CERVANTES CIR	$309,000	2	1.1	912	CONDO
92 CERVANTES CIR #11E	$309,000	2	1.1	912	CONDO
3190 RAINBOW DR	$585,000	3	2	2808	DETACHD
18 BRITTEN CT	$649,900	3	2.1	1972	ATTACHD
5237 SW DAWN ST	$674,900	3	1.1	1654	DETACHD
42 SPINOSA	$725,000	3	2.1	2056	DETACHD
1450 GREENTREE CIR	$750,000	5	3	2601	DETACHD
526 2ND ST #20	$789,000	2	2.1	1576	CONDO
13388 AUBURN CT	$839,500	3	2.1	2492	ATTACHD
3220 UPPER DR	$875,000	3	3	3053	DETACHD
875 LEE ST	$899,000	3	2	2200	DETACHD
1481 GREENTREE CIR	$900,000	4	3	2878	DETACHD
17986 SAINT CLAIR DR	$1,199,000	4	3	3104	DETACHD
586 WEIDMAN CT	$1,275,000	5	3.1	3796	DETACHD
5015 DENTON DR	$1,299,500	4	2.1	3131	DETACHD
18499 OLD RIVER DR	$1,799,900	4	3.1	4217	DETACHD
16902 CHAPIN WAY	$1,950,000	4	4	3829	DETACHD
655 7TH ST	$1,999,000	$3	2.1	2796	DETACHD
4247 LORDS LN	$2,680,000	$4	3.1	3840	DETACHD
17950 KELOK RD	$4,499,900	$6	6.1	6801	DETACHD
3434 LAKEVIEW BLVD	$8,998,000	$5	6.1	7102	DETACHD

PENDING June 13-18, 2023

Address	List Price	Beds	Baths	SF	Prop Type	Days
3190 RAINBOW DR	$585,000	3	2	2808	DETACHD	4
46 GREENRIDGE CT	$599,000	3	2.1	2036	ATTACHD	97
605 ASH ST	$599,900	3	2	1528	DETACHD	30
18839 KRISTI WAY	$649,500	3	1.1	1344	DETACHD	34
5785 KIMBALL CT	$675,900	4	2	1346	DETACHD	45
54 TOUCHSTONE	$789,000	3	2	1622	DETACHD	5
1448 GREENTREE CIR	$945,000	4	2.1	2649	DETACHD	139
13354 TWIN CREEK LN	$1,095,000	4	2.1	3134	DETACHD	28
13657 PROVINCIAL HILL WAY	$1,100,000	4	2.1	2790	DETACHD	32
319 3RD ST	$1,250,000	3	3.1	1937	ATTACHD	7
586 WEIDMAN CT	$1,275,000	5	3.1	3796	DETACHD	3
2552 PALISADES CREST DR	$1,300,000	4	2.1	3263	DETACHD	26
17269 BRYANT RD	$1,399,990	5	3.1	3641	DETACHD	32
5349 WASHINGTON CT	$1,400,000	4	3.1	3906	DETACHD	9
17327 WESTVIEW DR	$2,324,900	5	4	4008	DETACHD	13
2410 GLEN EAGLES RD	$3,150,000	5	2.1	3523	DETACHD	29

SOLD June 13-18, 2023

3952 CARMAN DR	$425,000	$395,000	2	2.1	1146	CONDO	20
3982 CARMAN DR	$450,000	$512,210	3	2.1	1360	ATTACHD	4
1466 BONNIEBRAE DR	$610,000	$635,000	4	2	1721	ATTACHD	3
3290 CHILDS RD	$739,900	$801,000	3	1	1708	DETACHD	9
12770 SIERRA VISTA DR	$885,000	$885,000	4	2.1	2665	DETACHD	4
19863 SYCAMORE AVE	$1,050,000	$966,000	4	3	2961	DETACHD	94
13259 Sandalwood CT	$1,084,900	$1,099,000	5	3	2764	DETACHD	4
8 GARIBALDI ST	$1,150,000	$1,170,000	4	3	4080	DETACHD	26
5598 LUCE LN	$1,370,000	$1,425,000	4	3	3432	DETACHD	4
718 MAPLE ST	$1,950,000	$1,750,000	3	2.1	4023	DETACHD	251
1965 EGAN WAY	$1,850,000	$2,000,000	5	3.1	3899	DETACHD	3

June 11, 2023June 11, 2023

This Week in Lake Oswego

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

Mon, June 12, 2023 – 1-3 PM– American Mah Jongg – Mah Jongg is a game of strategy, skill and calculation. Some say it is similar to Rummy. This practice group has many tables already formed, but if you’d like to join you can sign up to be included in the next open table of 3-4 people. – More Info: CLICK HERE

Tues, June 13 2023 – 2:30PM-4:30 PM – Slow Jam ~ Dust off your musical instrument and come join others in a relaxed setting to make some music together! – ACC, 505 G Avenue Lake Oswego More Info: CLICK HERE

Wed, June 14, 2023 – 10-11:30 AM – Geneology Interest Group~ This meeting is a field trip! regular Zoom and in-person meetings will resume after this week — More Info : CLICK HERE

Thurs, June 15, 2023 – 2-4 PM – Movie Matinee for Teens (Ages 13+) ~ Get in out of the heat or just come to relax with friends and popcorn. The lake Oswego Library has a cozy spot for you and your friends. ~ Lake Oswego Library 706 Fourth St – More Info: CLICK HERE

Fri, June 16, 2023 – 10:30-11 AM -Spanish Language Story & Play Stories presented by Jessica Amezcua from Adventures in Spanish for children ages 0-5 and their caregivers. – Lake Oswego Library 706 Fourth St More Info: CLICK HERE

Sat, June 17, 2023 – 8:30 AM-1:30 PM– Lake Oswego Farmers’ Market – Enjoy the region’s finest food, artisan crafts, music & fun. It’s summer and the 2023 season is in full swing! – Millennium Plaza Park, 200 1st Street More Info : CLICK HERE

Sun, June 18, 2023 -Juneteenth Celebration- 1-4 PM – Presented by: City of Lake Oswego, Respond to Racism, the Arts Council of Lake Oswego ,and LO for LOve~ Commemorate the end of slavery with a community celebration honoring this historic day. The program includes a keynote address from Dr. Renee Mitchell, award-winning metro columnist for The Oregonian and visionary behind I Am M.O.R.E., a heART focused youth development program. The event also features performances by DJ Avelanche and Sebe Kana West African Drum and Dance troupe, youth poetry, vendors and the unveiling of the mural Ms. Willie’s Dream by Sarah Farahat at City Hall ~ 380 A Ave. – More Info: CLICK HERE

June 8, 2023June 8, 2023

Market Activity ~ May 29-June 4, 2023

Last week in Lake Oswego 24 properties entered the market, 7 moved to Pending status and 19 Sold/Closed. Right now there are 147 homes available ranging from $154,900 to $8,950,000.

Here is the breakdown:

NEW May 29-June 4, 2023

Address	List Price	Beds	Baths	SF	Prop Type
152 OSWEGO SUMMIT	$319,900	2	2	1383	ATTACHD
80 GALEN ST / Upper	$325,000	2	2	995	CONDO
248 RIDGEWAY RD / Upper	$395,000	1	1	753	CONDO
6336 FROST ST	$549,900	4	2	2200	DETACHD
79 GREENRIDGE CT	$675,000	2	2	1642	ATTACHD
4 CELLINI CT	$775,000	4	3	2709	DETACHD
5363 GREYSTOKE DR	$795,000	3	2	1541	DETACHD
449 C AVE	$999,000	3	2	2261	DETACHD
1260 ROCKINGHORSE LN	$1,010,000	4	2.1	2176	DETACHD
43 BECKET ST	$1,070,000	4	3.1	3689	DETACHD
17079 CHERRY CREST AVE	$1,100,000	3	2.1	3002	DETACHD
62 TOUCHSTONE	$1,125,000	5	3	3972	DETACHD
4840 SW DOGWOOD DR	$1,125,000	3	3	2716	DETACHD
302 FURNACE ST	$1,195,000	3	2.1	1945	DETACHD
13290 HIDDEN BAY CT	$1,199,000	4	2.1	3156	DETACHD
319 3RD ST	$1,250,000	3	3.1	1937	ATTACHD
63 GARIBALDI ST	$1,250,000	3	3.1	4223	DETACHD
18440 DELENKA LN	$1,495,000	$4	3.1	4696	DETACHD
650 1ST ST / Ground	$1,595,000	$3	2.1	2767	CONDO
4039 CANAL WOODS CT	$1,598,000	$4	3.1	4178	DETACHD
1550 Country Commons	$1,995,000	$4	3	4818	DETACHD
735 7TH ST	$2,099,000	$3	3.1	3073	DETACHD
17327 WESTVIEW DR	$2,324,900	$5	4	4008	DETACHD
7 DOVER WAY	$2,595,000	$5	5.1	7803	DETACHD

PENDING May 29-June 4, 2023

Address	List Price	Beds	Baths	SF	Prop Type	Days
13290 HIDDEN BAY CT	$400,500	2	2.1	1980	CONDO	82
15923 TWIN FIR RD	$610,000	4	2	1721	ATTACHD	3
1260 ROCKINGHORSE LN	$670,000	3	2	1769	DETACHD	6
1466 BONNIEBRAE DR	$849,900	4	2.1	2597	DETACHD	15
5106 LAKEVIEW BLVD	$1,010,000	4	2.1	2176	DETACHD	3
3520 UPPER DR	$1,199,000	4	2.1	3156	DETACHD	1
4459 GOLDEN LN / Grnd	$1,900,000	3	2	1540	DETACHD	10

SOLD May 29,-June 4, 2023

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
35 CRESTFIELD CT #35	$299,000	$299,000	2	1	921	CONDO	36
16250 PACIFIC HWY #75	$419,000	$388,000	3	2	1593	CONDO	109
5822 SW ROCKWOOD CT	$545,000	$449,000	3	1.1	1092	DETACHD	40
1302 BOCA RATAN DR	$615,000	$600,000	3	2.1	1739	CONDO	24
2348 OVERLOOK DR	$645,000	$635,000	4	3	2567	DETACHD	4
4748 AMHERST CT	$695,000	$675,000	3	2.1	3015	ATTACHD	46
17515 Tree Top Way	$809,900	$809,900	3	2	1975	DETACHD	3
60 TOUCHSTONE	$885,000	$885,000	4	3	2657	DETACHD	9
17143 Rebecca LN	$890,000	$890,000	3	2.1	1943	DETACHD	13
1421 CHERRY CREST DR	$925,000	$935,000	4	3	2785	DETACHD	5
191 3RD ST #6	$950,000	$950,000	2	2	1523	CONDO	33
11 NANSEN SMT	$1,495,000	$980,000	4	4.1	4955	DETACHD	300
2318 HILLSIDE LN	$1,195,000	$1,150,000	4	3.1	3258	DETACHD	14
2468 MARYLHAVEN PL	$1,295,000	$1,255,000	4	3.1	3606	DETACHD	34
16121 PARELIUS CIR	$1,375,000	$1,400,000	4	2.1	3506	DETACHD	4
530 MIDDLECREST RD	$1,659,000	$1,500,000	4	3	3280	DETACHD	97
1273 WELLS ST	$1,795,000	$1,720,000	5	3	4091	DETACHD	24
14381 FOSBERG RD	$2,150,000	$2,050,000	$4	3.1	5028	DETACHD	1
16693 PHANTOM BLUFF CT	$2,000,000	$2,200,000	$3	3	3201	DETACHD	4

May 28, 2023June 26, 2023

Portland Metro Neighborhood Stats + LO

Here is the monthly breakdown of the prior month’s activity in the greater Portland area with Lake Oswego broken out at the bottom.

Overview/Fluctuations ~ April 2023 Market Data:

Inventory is creeping up, but just enough to meet where it was in February. If you look at last year/April vs this year, New, Pending and Sold categories are all down 28-38% and New & Pending sales are up slightly from the previous month. Basically, there are still not enough homes to meet demand & Buyers are out actively looking, so we’re recovering ground, but slowly. As with most things, the housing market is affected by the news cycle, and it would be reasonable to surmise that the brinksmanship on display in Washington is temporarily giving people pause.

Rates: “Rates have pushed into the mid to upper 6% range over the debt ceiling fight.” Gary Boyer, Regional VP, Directors Mortgage

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

There were 2,653 New Listings in April– which is down 28.0% from 3,684 in April 2022 and up 1.1% from the 2,623 in March 2023.
At 1,707 April 2023’s Closed Sales (Solds) are down 38.6% from April 2022’s 2,782, and down 2.2% from the previous month/March 2023’s total of 1,745.
At 2,164 April 2023’s Pending Sales (Accepted Offers) are down 28.0% from April 2022’s 3,005, and up 4.1% from the previous month/March’s total of 2,079.
The Average Sale Price for April 2023 of, $606,100 is down $26,800 from last year/April 2022’s $632,900, and up $21,600 from the previous month/March’s $584,500.
The “Median” Sale Price (the price smack dab in the middle of all sales) in April 2023 of $530,000 dropped $30,000 from April 2022’s $560,000, & is up $5,000 from March 2023’s $525,000.

Neighborhoods (April ’23):

LAKE OSWEGO: (April ’23)

170 Active Listings (Mar 162)
135 New Listings (Mar 127)
107 Pending Sales (Mar 94)
88 Closed Sales (Mar 55)
Average Sale Price for April: $1,126,300 (Mar $991,500)
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.
34 Days on the Market (Mar 60)

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

May 27, 2023May 27, 2023

Market Activity ~ May 15-21, 2023

Last week Lake Oswego saw 28 properties enter the market (New), 17 move to Pending status, and 16 Closed/Sold.

Right now there are 127 properties available ranging from $154,900 to 9.9 Mil.

Here is the breakdown:

NEW May 15-21, 2023

Address	List Price	Beds	Baths	SF	Prop Type
3952 CARMAN DR	$425,000	2	2.1	1146	CONDO
3982 CARMAN DR	$450,000	3	2.1	1360	ATTACHD
17910 BELMORE AVE	$499,000	3	1.1	1624	DETACHD
5852 LAKEVIEW BLVD	$510,000	2	1	1111	DETACHD
1458 BOCA RATAN DR	$594,900	3	2	1641	ATTACHD
605 ASH ST	$599,900	3	2	1528	DETACHD
15435 MEADOWLARK CT	$815,000	3	3	1795	DETACHD
15923 TWIN FIR RD	$849,900	4	2.1	2597	DETACHD
16266 INVERURIE RD	$874,900	3	2	2503	DETACHD
14799 UPLANDS DR	$900,000	4	2	2150	DETACHD
2280 SOUTHSHORE BLVD	$949,000	3	2	2186	DETACHD
2280 SOUTHSHORE BLVD	$949,000	3	2	2176	DETACHD
19230 SW REDWING CT	$975,000	4	2	1842	DETACHD
17577 BLUE HERON CT	$989,000	5	3	2980	DETACHD
13354 TWIN CREEK LN	$1,125,000	4	2.1	3134	DETACHD
668 MCVEY AVE #12	$1,125,000	3	1.1	992	CONDO
1053 YATES ST	$1,179,900	4	2.1	2598	DETACHD
17007 WESTVIEW DR	$1,190,000	$5	4	2649	DETACHD
15119 QUARRY RD	$1,250,000	$3	2	2106	DETACHD
5726 CHARLES CIR	$1,299,000	$4	3.1	3196	DETACHD
2552 PALISADES CREST DR	$1,300,000	$4	2.1	3263	DETACHD
16321 WHITE OAKS DR	$1,349,000	$4	3.1	2950	DETACHD
17269 BRYANT RD	$1,399,990	$5	3.1	3641	DETACHD
18480 DELENKA LN	$1,460,000	$5	4.1	4829	DETACHD
1888 OAK KNOLL CT	$1,695,000	$4	3.1	3212	DETACHD
2300 CHILDS RD	$1,898,000	$4	2	3183	DETACHD
2410 GLEN EAGLES RD	$3,400,000	$5	2.1	3523	DETACHD
18015 CARDINAL DR	$3,999,900	$4	3.2	4119	DETACHD

PENDING May 15-21, 2023

Address	List Price	Beds	Baths	SF	Prop Type	Days
4 TOUCHSTONE #80	$245,000	2	2	984	CONDO	49
35 CRESTFIELD CT #35	$299,000	2	1	921	CONDO	36
5822 SW ROCKWOOD CT	$449,000	3	1.1	1092	DETACHD	40
3982 CARMAN DR	$450,000	3	2.1	1360	ATTACHD	4
14345 HOLLY SPRINGS RD	$685,000	4	2.1	1940	CONDO	16
5364 ROSEWOOD ST	$790,000	4	2.1	1980	DETACHD	12
18400 INDIAN CREEK DR	$799,900	4	3	1736	DETACHD	78
7 BECKET ST	$975,000	4	3.1	4176	DETACHD	59
13259 Sandalwood CT	$1,084,900	5	3	2764	DETACHD	4
8 GARIBALDI ST	$1,150,000	4	3	4080	DETACHD	26
11 NANSEN SMT	$1,198,000	4	4.1	4955	DETACHD	300
15119 QUARRY RD	$1,250,000	3	2	2106	DETACHD	4
17382 BROOKHURST DR	$1,285,000	4	3.1	3725	DETACHD	15
4410 LORDS LN	$1,399,000	5	3.1	3499	DETACHD	17
17258 KELOK RD	$1,585,000	3	2	3742	DETACHD	15
1273 WELLS ST	$1,795,000	5	3	4091	DETACHD	24
2320 GLEN HAVEN RD	$2,384,900	4	4	3875	DETACHD	224

SOLD May 15-21, 2023

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
4 TOUCHSTONE DR #151	$224,900	$299,900	3	2.1	1351	CONDO	38
4000 CARMAN DR, A5	$300,000	$313,000	2	2	869	CONDO	6
16200 PACIFIC HWY #5	$530,000	$483,500	2	2	1207	CONDO	173
15960 SW LAKE FOREST BLVD	$624,900	$525,000	3	1	1080	DETACHD	172
5857 CARMAN DR	$575,000	$550,000	2	1	972	DETACHD	121
16309 LAKE FOREST BLVD	$599,900	$600,000	3	2	1583	DETACHD	4
4179 DOUGLAS WAY	$565,000	$652,000	3	2	1447	DETACHD	4
17635 DEEMAR WAY	$695,000	$689,000	4	2	1513	DETACHD	25
647 2ND ST	$795,000	$775,000	2	2	1457	ATTACHD	10
13594 BLAZER TRL	$895,000	$800,000	3	2	1996	DETACHD	73
3552 UPPER DR	$900,000	$1,105,000	3	2.1	2750	DETACHD	4
668 MCVEY AVE #12	$1,125,000	$1,125,000	3	1.1	992	CONDO	0
17623 BROOKHURST DR	$1,575,000	$1,500,000	3	3.2	3844	DETACHD	41
566 4TH ST	$1,599,000	$1,550,000	5	4.2	3512	ATTACHD	7
17101 CAMPUS WAY	$1,850,000	$1,725,000	4	4.1	3367	DETACHD	28
1199 FAIRWAY RD	$4,995,000	$4,050,000	4	4.2	5527	DETACHD	209

May 14, 2023May 17, 2023

Lake Oswego Neighborhoods

I got a call asking for information on Lake Oswego neighborhoods this week. It reminded me just how nuanced and varied the different areas of this little hamlet are. The Property Blotter has a whole section devoted to write-ups on individual neighborhoods which you can access on our home page under…”Neighborhoods” : ) if you’d like an in-depth look at any of them. In any event, this is a casual look at the areas & neighborhoods of Lake Oswego~

You’ve got the older part on the State St side, and the newer part on the Boones Ferry Rd side, and corresponding zip codes of 97034 & 97035, generally speaking. Of course everyone thinks of First Addition on the older side with it’s carefully laid-out grid: A, B, C, D, !st, 2nd, 3rd, 4th…you get it. First Addition was originally designed as a “company town” in the early days & is now one of the most sought-after neighborhoods with it’s proximity to everything Lake Oswego & otherwise. Palisades is up the hill on the southern/opposite side of town with it’s little town center, hilly views of the Willamette River & Lake, public golf course and easy access to Hwy 205, Hwy 43 (w/a 15-minute trip into downtown Portland), and South Shore Blvd meandering in a luxurious commute to the newer side of Lake Oswego to the west. Hallinan is next to Palisades, also hilly and has it’s own feel with walking trails & a beautiful park. The older side also has Northshore with it’s train & bridges & island, Lakewood on the south side of Lakewood Bay, Evergreen on its north side, Riverfront with the Iron Smelter and Waterfront Parks on the Willamette, Country Club, Red Fox Hills bordering Tryon Natural Area, Forest Hills which is close to First Addition, Glenmorrie heading our towards Marylhurst near the Willamette and Southshore along the south side of the lake. You also have Dunthorpe and Riverwood at the very north end of the area, which are communities/destinations of their own.

The “newer” part of Lake Oswego is bounded by Mountain Park on the northwestern edge which was built as a planned community with hills and walking trails and a community pool as well as other benefits shared by the residents. Lots of the best opportunities for condo living are found in Mountain Park. Uplands is nestled against Country Club, but edges out to Boones Ferry, so it’s kind of part of the older area, but in the middle. Lakewood which is a little peninsula, Westlake which sits on the western edge of Lake Oswego and offers both beauty and the easy connection to Kruse Way, I-5 and all things “west end”. Lake Forest enchants with its wooded splendor, West Bay nestles on the west side of the lake, Bryant is charming with it’s restaurants, services & lovely neighborhoods, Westridge is hidden away with its sleepy streets built around the elementary school, Blue Heron & the Canals are enticing with their unusual living opportunities on the water, Rosewood & River Grove offer relaxed charm on the very south end of Lake Oswego.

May 12, 2023May 12, 2023

Market Activity ~ May 1-7, 2023

Last week Lake Oswego logged 28 properties entering the market (New), 23 moving to Pending status, and 17 that Sold/Closed. There are currently 143 properties available ranging from $154,900 to $9,900,000.

Here is the breakdown:

NEW May 1-7, 2023

Address	List Price	Beds	Baths	SF	Prop Type
100 KERR PKWY #48	$229,000	1	1	617	CONDO
45 EAGLE CREST DR #400	$289,950	3	2	1348	CONDO
86 KINGSGATE RD, B104	$299,900	2	2	938	CONDO
16309 LAKE FOREST BLVD	$599,900	3	2	1583	DETACHD
103 KINGSGATE RD	$600,000	3	2.1	1352	DETACHD
1221 BOCA RATAN DR	$600,000	3	2.1	1739	ATTACHD
5785 KIMBALL CT	$679,000	4	2	1346	DETACHD
14345 HOLLY SPRINGS RD	$685,000	4	2.1	1940	CONDO
260 CERVANTES	$690,000	3	2.1	2551	ATTACHD
4959 DOGWOOD DR	$749,900	3	2	2120	DETACHD
5364 ROSEWOOD ST	$790,000	4	2.1	1980	DETACHD
1421 CHERRY CREST DR	$925,000	4	3	2785	DETACHD
14318 CAMDEN LN	$945,000	4	2.1	2980	DETACHD
4783 BLACK FOREST CT	$974,500	4	3	2166	DETACHD
3231 DUNCAN DR	$1,175,000	4	2.1	2852	DETACHD
1031 SUNNINGDALE RD	$1,200,000	3	2	1917	DETACHD
2415 PARK RD	$1,265,000	4	2.1	2748	DETACHD
17382 BROOKHURST DR	$1,285,000	4	3.1	3725	DETACHD
7 NANSEN	$1,395,000	4	4.1	5640	DETACHD
4410 LORDS LN	$1,399,000	5	3.1	3499	DETACHD
2944 VALE CT	$1,400,000	4	2.1	3392	DETACHD
5811 STEWART GLENN CT	$1,550,000	4	2.1	3930	DETACHD
17258 KELOK RD	$1,585,000	3	2	3742	DETACHD
804 2ND ST	$1,875,000	5	2.1	2961	DETACHD
3721 UPPER DR	$1,995,000	4	2.1	3249	DETACHD
14381 FOSBERG RD	$2,150,000	4	3.1	5028	DETACHD
1901 CHILDS RD	$2,950,000	4	3	3716	DETACHD
14050 GOODALL RD	$2,999,900	5	4.2	6943	DETACHD

PENDING May 1-7, 2023

Address	List Price	Beds	Baths	SF	Prop Type	Days
45 EAGLE CREST DR #302	$229,000	1	1	768	CONDO	4
4000 CARMAN DR, A5	$300,000	2	2	869	CONDO	6
10 GREENRIDGE CT	$520,000	3	1.1	2063	ATTACHD	11
15960 SW LAKE FOREST BLVD	$540,000	3	1	1080	DETACHD	172
18314 SW FERNBROOK CT	$550,000	3	1.1	1036	DETACHD	6
1302 BOCA RATAN DR	$615,000	3	2.1	1739	CONDO	24
14428 HOLLY SPRINGS RD	$650,000	3	2.1	1372	CONDO	86
4967 GALEN ST	$725,000	3	2.1	2223	DETACHD	37
4959 DOGWOOD DR	$749,900	3	2	2120	DETACHD	3
17515 Tree Top Way	$809,900	3	2	1975	DETACHD	3
12770 SIERRA VISTA DR	$885,000	4	2.1	2665	DETACHD	4
60 TOUCHSTONE	$885,000	4	3	2657	DETACHD	9
14141 GOODALL RD	$895,000	3	2.1	1988	DETACHD	292
18 BECKET ST	$1,070,000	3	2.1	4553	DETACHD	14
16121 PARELIUS CIR	$1,375,000	4	2.1	3506	DETACHD	4
2944 VALE CT	$1,400,000	4	2.1	3392	DETACHD	2
16429 BONAIRE AVE	$1,750,000	4	3.1	3036	DETACHD	5
814 LAKE SHORE RD	$1,790,000	3	2.2	2385	DETACHD	13
718 MAPLE ST	$1,949,000	3	2.1	4023	DETACHD	251
16693 PHANTOM BLUFF CT	$2,000,000	3	3	3201	DETACHD	4
14381 FOSBERG RD	$2,150,000	4	3.1	5028	DETACHD	1
1425 CHANDLER RD	$3,790,000	5	5.1	5692	DETACHD	236
1199 FAIRWAY RD	$4,195,000	4	4.2	5527	DETACHD	209

SOLD May 1-7, 2023

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
212 GREENRIDGE DR	$549,000	$547,000	3	2	1392	ATTACHD	1
206 GREENRIDGE DR	$597,000	$600,000	3	2	1362	ATTACHD	32
13125 VERMEER DR	$695,000	$698,000	4	2.1	2046	DETACHD	5
18701 BRYANT RD	$789,000	$749,900	3	2	1995	DETACHD	33
7 SPINOSA	$749,900	$758,000	3	3	2295	DETACHD	204
19211 INDIAN SPRINGS RD	$759,000	$760,000	4	3	2132	DETACHD	71
16932 GREENTREE AVE	$950,000	$835,000	4	3	3440	DETACHD	66
17502 ERIN CT	$999,000	$975,000	4	3	3142	DETACHD	7
624 LIVINGOOD LN	$975,000	$995,000	4	3	2612	DETACHD	3
3802 SOUTHSHORE BLVD	$995,000	$1,010,000	4	3	1908	DETACHD	3
1031 SUNNINGDALE RD	$1,200,000	$1,200,000	3	2	1917	DETACHD	0
16800 Lakeridge DR	$1,290,000	$1,220,000	4	3	2416	DETACHD	30
5811 STEWART GLENN CT	$1,550,000	$1,500,000	4	2.1	3930	DETACHD	0
2126 WEMBLEY PL	$1,795,000	$1,625,000	4	3.1	3603	DETACHD	83
3556 CARMAN DR	$2,200,000	$2,400,000	5	3.1	4000	DETACHD	118
13050 FIELDING RD	$3,200,000	$3,200,000	4	5	4805	DETACHD	1
2643 SOUTHSHORE BLVD	$3,695,000	$3,595,000	3	3.2	4872	DETACHD	93