Market Activity ~ Feb 28- Mar 6, 2022

Spring is sprung in the local market! Last week in Lake Oswego we saw 20 Properties enter the market, 20 move to Pending/Accepted Offer status and 15 Sold/Closed. There are 51 from 215,000 to 5.3 mil available in Lake Oswego right now.

NEW Feb 28-Mar 6, 2022

213 CERVANTES, Grnd$329,00021.11216CONDO
15483 Brianne CT$415,00022.11208ATTACHD
4061 JEFFERSON PKWY$425,00022.11462CONDO
210 S STATE ST #7$449,900321302CONDO
4434 THUNDER VISTA LN$479,00022.12040CONDO
4200 OLD GATE RD$550,00031.11453DETACHD
13991 MAJESTIC CT$550,000321765DETACHD
27 AQUINAS ST$599,90032.11530DETACHD
4 PREAKNESS CT$650,000321985ATTACHD
5497 WILLOW CT$775,00032.12427ATTACHD
14179 SUNDELEAF DR$849,900522617DETACHD
15562 HERITAGE CT$864,00042.12338DETACHD
86 TANGLEWOOD DR$885,000433192DETACHD
23 TOUCHSTONE$924,900543169DETACHD
3778 RIVERS EDGE DR$1,150,00043.13012DETACHD
928 LAKE FRONT RD$1,299,900432468DETACHD
3545 UPPER DR$1,300,00043.12742DETACHD
1000 UPPER DEVON LN$1,695,00043.13535DETACHD
21 D AVE #5$1,808,40022.12108CONDO
13725 CAMEO CT$2,450,00054.14984DETACHD

PENDING Feb 28-Mar 6, 2022

AddressList Price# Beds# BathsTotal SFProp TypeDays
4 TOUCHSTONE #101$254,00042.11456CONDO31
12 CERVANTES CIR$260,00021.1912CONDO206
209 CERVANTES$325,00021.11216CONDO18
200 BURNHAM RD #208$347,500221320CONDO2
16250 PACIFIC HWY #44$387,000221305CONDO10
15483 Brianne CT$415,00022.11208ATTACHD2
20 SUMMIT RIDGE CT$499,00022.11704CONDO13
4200 OLD GATE RD$550,00031.11453DETACHD4
1625 MEADOWS DR$750,000421672DETACHD4
12962 KNAUS RD$829,00032.11952DETACHD268
14179 SUNDELEAF DR$849,900522617DETACHD3
86 TANGLEWOOD DR$885,000433192DETACHD4
353 3RD ST$909,00033.12044ATTACHD7
1805 GLENMORRIE TER$1,075,00032.12798DETACHD4
5959 SUNCREEK DR$1,150,00042.13315DETACHD5
2991 DELLWOOD DR$1,289,00042.24308DETACHD104
21 D AVE #12$1,863,60022.12177CONDO86
3817 UPPER DR$2,350,00053.14246DETACHD4
14655 UPLANDS DR$3,300,00055.24775DETACHD107
13041 KNAUS RD$3,695,00044.14924DETACHD91

SOLD Feb 28-Mar 6, 2022

AddressOpeningClosedBedsBathsSFProp TypeDAYS
89 GALEN ST$199,000$225,00011552CONDO3
4647 LAKEVIEW BLVD, D1$229,999$250,00011753CONDO4
44 EAGLE CREST DR #39$269,900$269,900211085CONDO0
44 EAGLE CREST DR #32$250,000$280,00021908CONDO3
86 KINGSGATE RD, H101$349,000$355,00022918CONDO4
5788 KIMBALL CT$530,000$590,00041.11148DETACHD4
1720 KILKENNY DR$699,900$737,02432.11348DETACHD53
18561 KRISTI WAY$649,950$750,00032.11450DETACHD6
5207 COVENTRY CT$759,698$840,000321858DETACHD3
6 GROUSE TER$850,000$1,000,000333653DETACHD4
17095 WESTVIEW DR$985,000$1,052,000433356DETACHD2
580 WEIDMAN CT$1,100,000$1,219,17553.13952DETACHD5
3545 UPPER DR$1,300,000$1,400,00043.12742DETACHD0
872 COUNTRY CMNS$140,000$1,428,00042.12800DETACHD0
566 4TH ST$1,549,000$1,455,00044.23376ATTACHD33
Criteria: (RMLS DATA) Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Market Activity ~ Feb 14-20, 2022

Last week Lake Oswego had 5 properties enter the market, 14 move to Pending status, and 11 that Sold/Closed. Right now there are 53 properties available in Lake Oswego ranging from $214,000 to $5.3 mil.

Here is the breakdown according to RMLS:

NEW Feb 14-20, 2022

AddressList PriceBedsBathsSFProp Type
47 EAGLE CREST DR  #16$239,00021932CONDO
209 CERVANTES, Lower$325,00021.11216CONDO
20 SUMMIT RIDGE CT$499,00022.11704CONDO
17897 SUNDOWN CT$1,950,000533755DETACHD
3578 CARMAN DR$2,200,00053.14000DETACHD

PENDING Feb 14-20, 2022

AddressList PriceBedsBathsSFProp TypeDays
44 EAGLE CREST DR  #32$250,00021908CONDO3
3101 MCNARY PKWY  #8$320,000323064CONDO0
5309 SW WEST SUNSET DR$599,900421449DETACHD25
3 MOUNTAIN CIR$675,000321580ATTACHD4
12962 KNAUS RD$829,00032.11952DETACHD255
1770 HEADLEE LN$879,000232505DETACHD4
4 WESTMINSTER DR$895,000432258DETACHD6
2095 RIDGE POINTE DR$1,085,00032.13748DETACHD4
4719 LAKEVIEW BLVD$1,499,000432934DETACHD3
566 4TH ST$1,549,00044.23376ATTACHD33
17486 REDFERN AVE$2,175,000543632DETACHD4
5001 SW Park Bluff PL$2,200,000444022DETACHD32
15012 TWIN FIR RD$2,599,00053.13897DETACHD187
2812 LAKEVIEW BLVD$3,399,90033.13100DETACHD14

SOLD Feb 14-20, 2022

AddressOpeningClosedBedsBathsSFProp TypeDays
100 KERR PKWY  #38$185,000$185,00011628CONDO123
47 EAGLE CREST DR  #36$249,900$275,00021932CONDO1
16250 PACIFIC HWY  #45$359,000$345,000221311CONDO45
5225 JEAN RD  #501$399,900$455,000321500ATTACHD3
4325 SILVER CT,  Upper$499,000$485,00032.11844CONDO49
1719 ASPEN CT$590,000$575,000321444DETACHD49
351 3RD ST$924,900$951,00033.12042ATTACHD3
837 OAK ST$999,950$1,100,00032.12796DETACHD5
19 HIDALGO ST$998,500$1,150,00043.14747DETACHD2
17908 BLUE HERON DR$1,799,000$1,775,000344172DETACHD58
567 10TH ST$1,785,000$1,870,00043.14706DETACHD85

Criteria: (RMLS DATA) 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.

Radon and Granite Countertops

At Oregon First we have a gmail group called Haves and Wants. A recent discussion happened about the topic of radon and granite countertops.

Radon comes from granite. When you purchase a home, you should alway do a radon test to see if the radon levels in the house are higher than the EPA limit of 4.0 picocuries. (The World Health Organization recommends a level of not more than 2.7 picocuries.) Generally speaking the granite is in the form of boulders underneath the house, in the ground. You just don’t know whether the house is built over granite boulders or not, so you always test the radon levels.

So if radon comes from granite, what about granite countertops?

This subject came to my attention about 15 years ago. So I dialed up my favorite radon mitigation company and asked if I should be concerned. I was told that, generally speaking, the radon given off by granite countertops was not at a level high enough to be concerned.

Here is the offical EPA information. Click here.

White kitchen design features large bar style kitchen island with granite countertop illuminated by modern pendant lights. Northwest, USA

The bottom line is that you should be concerned about the possibility of radon in a house. Always get it measured. Even if you aren’t buying a house. If you live in a home where you have never measured it, get it measured. You can buy a do-it-yourself test at your local home improvement store, and there are numerous companies who perform this service. The cost to test is $60-$150. Cheap for the peace of mind. If radon is found, the cost to mitigate it is $1500-$3000, generally speaking. Again, cheap for the piece of mind.

I also think that when planning a remodel, don’t assume that just because it is available for purchase it has no issues. Do your research. There are alternatives to granite that are also gorgeous.

I hope that you find this useful. Thank you for reading the blotter.

Dianne

News & Notes ~ Jan 2022 Numbers

Here is your look at what’s been happening in the overall Portland area including individual areas of the metro, and with Lake Oswego broken out below:

Overview/Fluctuations ~  Market Data January 2022:                                         Looking at the first month of 2022 as compared to the same month last year, New Listings have decreased 10.5%, Pending Sales have decreased 8.4% and Closed Sales increased 0.3%. Supply is still the biggest issue affecting the local market and remains at historic lows with less than a few week’s worth of inventory available.

The other factor is rates~ While they remain very low relatively speaking (for anyone who remembers how high they’ve been in the past) they’re hovering around 3.875% right now and all predictions are for several increases this year. This factor would be spurring more Buying activity than we currently see but for the lack of inventory. That said, it remains a given that savvy Buyers ought to be taking advantage of these rates now, and, generally speaking, would-be Sellers would be well advised to List now rather than wait till later.

According to the RMLS Market Action Report  for the Portland Metro Area- Jan 2022:

  • There were 2,307 New Listings in Jan 2022 decreased 10.5% from Jan of 2021’s 2,579, and decreased a whopping 44.3% from the previous month/Dec’s 1,599.
  • At 1,853  Jan 2022’s Closed Sales are up 0.3% from Jan 2021’s 1,847, and down 28.2% from the previous month/Dec 2021’s total of 2,582
  • At 2,287 Jan 2022’s Pending Sales are down 8.4% from Jan 2021’s 2,496, and up 17.8% from the previous month/Dec 2021’s total of 1,942.
  • The Average Sale Price in Dec 2021 of $586,600 is up $71,900 from last year/Jan 2021’s $514,700, and up $3,700 from the previous month/Dec2021’s $582,900.   YTD increase is 15.8%.
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Jan 2022 of $512,000 rose from last year/Jan 2021’s $460,000 by $52,000, and also $1,000 from the previous month

LAKE OSWEGO:

61 Active Listings (Dec 63)
83 New Listings  (Dec 71)
78 Pending Sales (Dec 82)
82 Closed Sales  (Dec 134)
Average Sale Price for Jan: $1,054,400 (Dec $1,024,400)
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.
29 Days on the Market   (Nov 36)

Market Activity ~ Jan 31-Feb 6, 2022

This last week 5 Properties entered the market, 10 moved to Pending status, and 7 Closed/Sold. There are 48 homes available right now in Lake Oswego ranging from 215,000 to 5.2 mil.

Here is the latest:

NEW Jan 31-Feb 6, 2022

AddressList PriceBedsBathsTotal SFProp Type
45 EAGLE CREST DR$249,900221046CONDO
5225 JEAN RD$360,000221100CONDO
3990 CARMAN DR$415,90022.11098CONDO
13078 FIELDING RD$3,150,000433936DETACHD
2812 LAKEVIEW BLVD$3,399,90033.13100DETACH

PENDING Jan 31-Feb 6, 2022

AddressList PriceBedsBathsTotal SFProp TypeDays
4 TOUCHSTONE  #94$248,00032.11351CONDO7
47 EAGLE CREST DR  #36$249,90021932CONDO1
4 TOUCHSTONE  #101$268,00042.11456CONDO8
86 KINGSGATE RD, H101$349,00022918CONDO4
1720 KILKENNY DR$685,00032.11348DETACHD53
17763 MARDEE AVE$741,900532110DETACHD19
4503 BLACK FOREST CT$795,00042.12166DETACHD2
18582 BRYANT RD$799,90032.12579DETACHD2
19 HIDALGO ST$998,50043.14747DETACHD2
15508 DIAMOND HEAD RD$3,480,000343900DETACHD169

SOLD Jan 31-Feb 6, 2022

AddressOpeningClosedProp TypeSFBedsBathsDays
6317 CARMAN DR $      650,000 $      560,000DETACHD134431.178
52 NORTHVIEW CT $      649,900 $      635,000ATTACHD219832.154
4966 GALEN ST $      600,000 $      656,000DETACHD1699325
115 TOUCHSTONE TER $      709,000 $      670,000ATTACHD256043.179
302 LAUREL ST $      679,000 $      684,000DETACHD1907326
175 FURNACE ST/Upper $   1,598,000 $  1,598,000CONDO189822.11
752 8TH ST $   1,877,000 $  1,903,000DETACHD403253.127
Criteria: (RMLS DATA) Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Market Activity ~Jan 17-23, 2022

Greetings Dear Property Blotter Readers! Last week we had just one property come to market, and that one was on the market in December/then something happened & it came back as available. It is a beautiful home! I used to live right up the hill from it and though it backs to a busy road, the landscaping and well-nurtured privacy they’ve created is really something to see. Plus, it is in a coveted spot in Palisades! It’s very near to where the Palisades Market used to be…I called it Planet Palisades as when you walked in the door (which I did often), the ambience and the people who worked there really did make your day…every time. There is a New Seasons slated to go in that space and I have a feeling they will carry that whole tradition forward. The 7 Dees landscaping nursery is also nearby, as is a really nice Thai dining place, as well as easy access on Stafford or South Shore or Hwy 43…its all close, and the list goes on. Check it out if you’re looking.

We also saw 11 properties move to Pending status, and 10 that Closed/Sold. Right now there are 36 properties available in Lake Oswego from $248,000 to $5.2.

Here is the breakdown for last week according to RMLS:

NEW Jan 17-23, 2022

AddressList Price# Beds# BathsTotal SFProp Type
1720 KILKENNY DR $        699,90032.11348DETACHD

PENDING Jan 17-23, 2022

AddressList Price# Beds# BathsTotal SFProp TypeDays
100 KERR PKWY  #38$185,00011628CONDO123
30 CRESTFIELD CT$290,00022989CONDO1
1719 ASPEN CT$575,000321444DETACHD49
16940 SW TRACY AVE$650,00041.21656DETACHD88
17763 MARDEE AVE$741,900532110DETACHD6
8 DA VINCI ST$779,000532906DETACHD4
19001 REDWING WAY$829,00032.12116DETACHD3
12962 KNAUS RD$829,00032.11952DETACHD230
14361 SHERBROOK PL$899,00032.12100DETACHD2
17095 WESTVIEW DR$985,000433356DETACHD2
13888 SHIREVA DR$1,200,00052.13827DETACHD4

SOLD Jan 17-23. 2022

AddressOpeningClosedBedsBathsSFProp TypeDays
100 KERR PKWY  #19$170,000$170,00011617CONDO52
200 SW Burnham RD  #203$299,000$296,000211199CONDO29
4429 THUNDER VISTA LN$479,900$455,00022.12002CONDO111
4 PREAKNESS CT$550,000$500,000321985ATTACHD32
4939 HAMPTON CT$895,000$900,00042.12971DETACHD62
41 AQUINAS ST$785,000$985,00043.13558DETACHD1
425 KENWOOD RD$1,090,000$1,140,00032.13527DETACHD6
223 Cornell CT$965,000$1,190,00053.13756DETACHD10
1913 CHERYL CT$1,895,000$1,699,00044.15341DETACHD103
4247 LORDS LN$2,650,000$2,275,00043.13785DETACHD115

Criteria: (RMLS DATA) Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Market Activity ~ Jan 3-9, 2022

This first full week in the New Year we had only ONE property go on the market in Lake Oswego, and that one is a major fixer/possible rebuild over by George Rogers Park (per the Listing). In my Master’s Group, Realtors are begging each other to list the properties they have in their pockets. My guess is that Sellers are seeing the news of Omicron likely hitting peak soon to then taper off… and so are holding on a bit longer. IMHO there may be a flood of new properties hitting the market in the near future, and anyone in their right mind ought to list their property *now*. All in all, if you’re Buying… hold ‘yer horses! Things will change soon.

There were 11 properties that moved to Pending status and 16 that Closed/Sold last week as well. Right now there are 38 homes available in Lake Oswego.

Here is the data according to RMLS:

NEW Jan 3-9, 2022

AddressList Price# Beds# BathsTotal SFProp Type
143 CHURCH ST$700,000211220DETACHD

PENDING Jan 3-9, 2022

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
200 SW Burnham RD, #203$299,000211199CONDO29
4632 LOWER DR, B2$320,00021.11170CONDO19
16250 PACIFIC HWY, #75$355,000321593CONDO29
1694 BONNIEBRAE DR$415,00021864ATTACHD2
4325 SILVER CT / Upper$499,00032.11844CONDO49
1247 CEDAR ST$550,000322022DETACHD9
1719 ASPEN CT$575,000321444DETACHD31
302 LAUREL ST$679,000321907DETACHD6
770 5TH ST$975,00033.13180DETACHD45
17908 BLUE HERON DR$1,850,000344172DETACHD58
4247 LORDS LN$2,275,00043.13785DETACHD115

SOLD Jan 3-9, 2022

AddressOpening PriceClosed PriceBedsBathsSFProp TypeDays
100 KERR PKWY #51 $      179,000.00 $      186,000.0011617CONDO7
4 TOUCHSTONE  #76 $      234,900.00 $      228,000.0022984CONDO27
4610 LOWER DR / Main $      325,000.00 $      310,000.0021.11260CONDO22
86 KINGSGATE RD, E203 $      325,000.00 $      325,000.0022924CONDO3
4000 CARMAN DR  #92 $      349,000.00 $      349,000.0022999CONDO12
1455 HALLINAN ST $      639,900.00 $      650,000.0032.11325DETACHD5
8 PHEASANT RUN $      649,950.00 $      675,000.0042.11845DETACHD5
5431 BONITA RD $      859,000.00 $      835,000.00432784DETACHD15
548 4TH ST $  1,524,900.00 $  1,450,000.0034.13186ATTACHD103
19317 LORNA LN $  1,699,000.00 $  1,515,000.0054.14634DETACHD186
4118 GLACIER LILY ST $  1,499,500.00 $  1,625,000.0043.14452DETACHD3
312 9TH ST $  1,650,000.00 $  1,650,000.0032.12686DETACHD8
1155 CRESTLINE CT $  2,195,000.00 $  2,010,998.0054.17438DETACHD73
16847 GREENBRIER RD $  2,598,000.00 $  2,598,000.0032.12360DETACHD0
16767 GRAEF CIR $  2,950,000.00 $  2,700,000.0044.14222DETACHD13
1226 NORTHSHORE RD $  7,000,000.00 $  5,500,000.0045.16330DETACHD160
Criteria: (RMLS DATA) 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.

Choosing a Home Inspector

There is a tendancy to shop for good value. It’s bread into us by the reality that making our dollars go further enhances our ability to invest and plan for the future. This is a good trait in people, but when it comes to home inspectors, you really do get what you pay for.

You can get a home inspection done for around $300-$400. The inspectors that I recommend charge twice that. So what’s the difference? Time, my friend. The difference is time.

The good inspectors book 1 or 2 inspections a day. The cheap inspectors book 3-4 a day. This means that in saving money you are probably hiring someone who is checking their watch and thinking that they need time to drive to the next appointment to get there on time.

You just don’t know what is going to turn up in a home inspection. Your inspector needs time to dwell on details and figure the house out. The two companies I recommend most highly are Associated Master Inspectors and Inspectek West. Both have mulitiple employees and anyone of them is terrific. In addition, AMI maintains a contractor list that is long and well vetted. Painters, asbestos abatement, electricians, you name it, they have it. For the AMI contractor list click here.

I want to assure you that I am not in kahoots with either company. I have attended many, many home inspections. I know what a good inspection looks like. In my entire career, I’ve never had a client come back to me after the sale with a horror story of something missed in the home inspection.

I also had a client a few years ago that was certain that I must be recommending people who would go easy on the house so that the sale would be more likely to happen. She hired an inspector who inspected the roof from the driveway. He did not even walk on the roof.

I want my clients to know what they are buying. If something so bad turns up that makes them change their mind about buying the house, I am happy it happened early in the process and that they didn’t buy a problem.

As always, thanks for reading the blotter,

Dianne

News & Notes ~ November Numbers 2021

Here is your look at what’s been happening in the overall Portland area including individual areas of the metro, and with Lake Oswego broken out below:

Overview/Fluctuations ~  Market Data Nov 2021:   

What I call the Black Hole of the Holidays is upon us! Meaning- while it is an amazing time to buy a home, there is also shrinking inventory even from the low levels we already had. So… great time to buy- just fewer homes available from which to choose. All that said, when you look at previous years, you can see inventory always takes a dip this time of year as both Buyers and Sellers become distracted with all the trappings of the season. So…nothing out of the ordinary, except for how low supply has fallen. Right now if you’re selling, you can be sure that the Buyers who are looking at your home are savvy, serious, and probably a bit sappy : ) That means…get the cookies in the oven and play those old timey holiday tunes in the background!

Rates: “Rates are being pushed up a bit with continued inflation concerns. Right now they are at about 3.375%.”   Gary Boyer, Regional VP, Directors Mortgage                                                                                                                            

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

  • There were 2,229 New Listings in Nov 2021, down slightly at 0.4% from Nov 2020’s 2,238 and also down a whopping 31.0% from the previous month/Oct’s 3,232 (normal, seasonal stuff).
  • At 2,832, Nov 2021’s Closed Sales are up 3.2% from Nov 2020’s 2,745, and dropped 9.5% from the previous month/Oct’s total of 3,129
  • At 2,660, Oct 2021’s Pending Sales increased 4.0% from Nov 2020’s 2,557, and decreased 16.5% from the previous month/Oct’s total of 3,187.
  • The Average Sale Price in Nov 2021 of $575,600 is up $54,400 from last year/Nov 2020’s $521,200, and nearly the same as the previous month/Oct’s $575,200.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in Nov 2021 of $517,800 rose $60,800 from last year/Nov 2020’s $457,000, and was also up $1,800 from the previous month/Oct’s $516,000.

LAKE OSWEGO:

92 Active Listings (Oct 138)
99 New Listings  (Oct 146)
124 Pending Sales (Oct 152)
134 Closed Sales    (Oct 142)
Average Sale Price for Nov: $964,300 (Oct $853,200)
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.
36 Days on the Market   (Oct 27)

Market Activity ~ Nov 29-Dec 5, 2021

This last week we saw 4 properties enter the market, 11 move to Pending status, and 23 Sold/Closed. Right now there are 59 homes in all price ranges available in Lake Oswego.

NEW Nov 29-Dec 5, 2021

AddressList Price# Beds# BathsTotal SFProp Type
12962 KNAUS RD$829,00032.11952DETACHD
17154 LOWENBERG TER$1,295,00053.13412DETACHD
13648 GOODALL RD$2,499,90044.25288DETACHD
13041 KNAUS RD$4,395,00044.14924DETACHD

PENDING Nov 29-Dec 5, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
4 TOUCHSTONE,  #76$228,00022984CONDO27
4000 CARMAN DR,  G108$249,00021767CONDO3
86 KINGSGATE RD,  E103$355,00022924CONDO66
4083 JEFFERSON PKWY$366,900221202CONDO8
1719 ASPEN CT$590,000321444DETACHD2
4104 LAKEVIEW BLVD$735,000422244DETACHD87
4080 COLTSFOOT LN$899,90042.12884DETACHD11
4118 GLACIER LILY ST$1,499,50043.14452DETACHD3
312 9TH ST$1,650,00032.12686DETACHD8
752 8TH ST$1,877,00053.14032DETACHD27
21 D AVE,  #14$2,046,80022.12406CONDO1

SOLD Nov 29-Dec5, 2021

AddressOpeningClosedBedsBathsSFProp TypeDays
4000 CARMAN DR,  C44$260,000$256,50022866CONDO46
86 KINGSGATE RD, A203$285,000$307,00022849CONDO1
4000 CARMAN DR,  B23$307,500$321,70022866CONDO3
218 RIDGEWAY RD / Main$350,000$360,00021914CONDO4
1400 BONNIEBRAE DR / Main$425,000$415,00021890CONDO7
71 KINGSGATE RD$595,000$625,00032.11727DETACHD2
1638 PINE ST$800,000$835,000433105DETACHD4
15449 PARTRIDGE DR$824,900$865,00042.12817DETACHD2
14655 UPLANDS DR$1,065,000$1,065,000532462DETACHD0
5492 YORKSHIRE PL$1,130,000$1,180,00042.12462DETACHD4
1776 OAK ST$1,350,000$1,290,00043.14012DETACHD89
2630 RIVENDELL RD$1,399,000$1,378,20043.14612DETACHD10
4305 UPPER DR$1,525,000$1,540,00042.13483DETACHD8
17301 BERGIS FARM DR$2,250,000$1,785,00043.14737DETACHD188
611 RIDGEWAY RD$2,049,000$1,900,00045.14463DETACHD145
4480 UPPER DR$2,000,000$1,950,00043.13497DETACHD19
16743 SW Pacific HWY$2,195,000$2,085,000444340DETACHD132
1099 CHERRY CIR$2,275,000$2,300,00053.14039DETACHD3
4105 UPPER DR$3,250,000$3,450,00053.14967DETACHD4
17475 BLUE HERON RD$3,995,000$3,600,00055.15787DETACHD39
736 SOUTHVIEW RD$4,195,000$3,940,00043.24639DETACHD6
2088 CREST DR$6,995,000$5,800,00046.18259DETACHD91
3232 LAKEVIEW BLVD$7,000,000$7,000,00045.18170DETACHD0
Criteria: (RMLS DATA) 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.