Benefit Concert for Hurricane Victims

Sally Harman and Frank Gruner will be conducting a benefit concert on October 20th to benefit the victims of Hurricane Helene.

Sally and Frank have been fixtures in the music scene in Lake Oswego for years. My daughter introduced me to Sally when she was attending Lakeridge Middle School. She’s now 38 years old, so that was some time ago. Sally did a lot of volunteering at the school and my daughter really connected with her.

She and Frank perform classical and Jazz. They are wonderful!

Attendees are asked to make donations to Hurrican Helene relief efforts.

The concert will be held at the United Methodist Church, 1855 Southshore Blvd, at 4:00pm on October 20th.

It will be a fun event and, hopefully, go a long way to help others in desperate need right now.

Dianne

This Week in Lake Oswego

Living in Lake Oswego is an experience of community. That’s why we post these little snippets of activities offered by various groups! Here are my picks for what to do this coming week in Lake Oswego:

Oct 7, 202410:30 AM ~ Early Childhood Music and Movement In Mandarin Chinese (Repeats on Mondays )- This outstanding program is for young learners ages 2-5 ranging from little or no to high levels of fluency in Mandarin. The series includes movement, play, instruments and stories and is sponsored by the Friends of the Lake Oswego Public Library and admission is free/first come/first served. 706 Fourth St, Lake Oswego ~   CLICK HERE

Tues, Oct 8 , 2024 – 2:30-4:30 PM ~ Slow Jam (Repeats Tuesdays) – 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, Oct 9 – 5:30PM-7:00PMPM ~Happy Hour Yoga ~ The more the merrier at this yoga + wine event ~Millennium Park Plaza, Lake Oswego ~ More Info :  CLICK HERE

Thurs, Oct 10, 2024 – 6:00-7:00 PM ~Teen Advisory Board ~ Discuss volunteer projects and programming ideas (e.g. book groups, movie nights, etc.). ~ Lake Oswego Library ~  More Info :  CLICK HERE

Fri, Oct 11, 2024 – 7:00-9:00 PM ~ Living Well Dance featuring the Millennium Dance Band. ~ Come dance to music from the 30’s 40’s and 50’s with ballroom classics. All ages invited. $7.00 at the door. ~CCP, 1060 Chandler Rd~ More Info: CLICK HERE

Sat, Oct 12, 2024 – 3:00PM-4:00PM – Lego Club~ Imagine, build and create! Lego bricks provided. Recommended for ages K-5. Creations will be displayed for 2 weeks. ~ Lake Oswego Library, Childrens’ Library~ More Info : CLICK HERE

Market Activity ~ Sept 30-Oct 6, 2024

Last week Lake Oswego welcomed 12 properties into the marketplace, saw 5 move to Pending status and 12 that Sold/Closed.

Right now there are 219 properties available in Lake Oswego ranging from $185,000 to $11,900,000.

Here is the breakdown:

NEW Sept 30-Oct 6, 2024

AddressList PriceBedsBathsSFProp Type
44 EAGLE CREST DR #19$245,00021908CONDO
25 CRESTFIELD CT / Lower$314,90022995CONDO
4000 CARMAN DR, D57$319,90022836CONDO
5061 FOOTHILLS DR / Upper$419,00022991CONDO
4312 BOTTICELLI ST / B #8$485,00022.12285ATTACHD
4912 Hampton CT$799,95032.12039DETACHD
18100 BRYANT RD$1,050,00031.11804DETACHD
5651 LA MESA CT$1,170,00042.12718DETACHD
18440 DELENKA LN$1,350,00043.14696DETACHD
15459 VILLAGE DR$1,499,00043.13049DETACHD
15007 TWIN FIR RD$1,800,00043.13075DETACHD
13560 Goodall RD #7$5,495,00045.15964DETACHD

PENDING Sept 30-Oct 6, 2024

AddressList PriceBedsBathsSFProp TypeDays
4 TOUCHSTONE DR #147$330,00032.11351CONDO27
2651 LOOKOUT CT$759,00052.12472DETACHD62
1029 LAUREL ST$1,175,00053.13208DETACHD108
1960 MAPLELEAF RD$2,145,00055.14099DETACHD628
16819 ALLEN RD$6,950,00043.14882DETACHD59

SOLD/CLOSED Sept 30-Oct 6, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
4638 LOWER DR / Main$310,000$307,50021.11260CONDO45
110 GREENRIDGE CT$649,900$527,00032.12868ATTACHD74
4324 WOODSIDE CIR$579,000$579,000221210ATTACHD5
454 5TH ST$680,000$677,50021.11092CONDO3
710 TIMBERLINE DR$825,000$780,000432642DETACHD81
1795 OAK ST$950,000$864,73143.13632DETACHD25
14190 AMBERWOOD CIR$1,000,000$1,000,000433154DETACHD0
4487 WESTBAY RD$1,200,000$1,200,000321869DETACHD0
309 10TH ST$1,200,000$1,200,000534520DETACHD0
5254 WESTFIELD CT$1,295,000$1,300,00042.13346DETACHD5
16337 CHAPIN WAY$2,600,000$1,990,00054.15115DETACHD156
4688 UPPER DR$2,150,000$2,085,00043.13962DETACHD26
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) .

Emergency Preparedness Fair

Mark your calendars for Thursday, September 5th, 5 to 7pm. This free event is designed to help you and your family be prepared for emergency events such as earthquakes, floods, winter storms, and other disasters. As far off as these sorts of events may seem. They do happen.

My family and I went through a terrible winter storm last January. Our house lost power for 5 days when temperatures were a low a 16 degrees and didn’t get above freezing for 3 days straight. It was tough, but we got through it while remaining in our home to safeguard it from freezing pipes and to care for our pets. With proper equipment, we did fine.

This week’s Emergency Preparedness Fair will feature 20 booths plus programs and activities. This year will include The Big Shaker, the world’s largest mobile earthquake simulator. The Pacific Northwest is overdue for “the big one”. The area has a history of magnitude 9 earthquakes. It has happened here, and it will again.

Now is the time to think about and plan for these events. This is a great opportunity to prepare yourself and your family. The event will take place at city hall, 380 A Avenue.

Dianne

Portland Area July 2024 Stats + LO

Here is your breakdown from the previous month/July 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.

July typically slows as folks are out of town on vacation and picks back up again in mid August.  Average Sale Prices during the month of July in most all areas of Portland took a dip as homeowners competed for a smaller pool of Buyers, and Median Sale Prices (middle range-point) stayed essentially the same. Inventory is inching up, and people are generally anticipating the lowering of rates to come, when I expect more to be willing to part with their current home & move on to their next adventure.

Rates: “Good news on the inflation front is supporting the Fed cutting rates soon. Right now 30-year fixed rates are in the mid 6% range.  Gary Boyer, Regional VP, Gold Star Mortgage Financial  

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

  • There were 2,905 New Listings in July which is up 0.2% from 2,899 in July 2023 and down 4.6% from the 3,044 in the previous month/June.
  • At 2,075 July 2024’s Closed Sales (Solds) are up 8.5% from July 2023’s 1,912 and down 0.3% from the previous month’s total of 2,081.
  • At 2,191 July 2024’s Pending Sales (Accepted Offers) increased 2.1% from July 2023’s 2,145, and decreased 1.2% from the previous month/June’s total of 2,217.
  • The Average Sale Price for July 2024 of, $622,900 is up$2,500. from last year/July 2023’s $620,400, and down $13,300 from the p­­revious month/June’s $636,200. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in July 2024 of $550,000 is basically the same as July 2023’s $549,900, & down $15,000 from June’s $565,000    

LAKE OSWEGO: (Month of July ’24)

337 Active Listings (Jun 316)
169 New Listings  (Jun 173)
116 Pending Sales (Jun 107)
104 Closed Sales  (Jun 98)
Average Sale Price for June: $1,156,200 (Jun $1.031,600)
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.
74 Days on the Market   (Jun 48)

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

This Week in Lake Oswego

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

August 12, 20241:00-2:00 PM ~ Conversational Spanish Group ( Repeats on Mondays )- Come and join the conversational Spanish group and practice your language skills. ACC, 505 G Ave, Lake Oswego  CLICK HERE

Tues, August 13, 2024 – 2:30-4:30 PM ~ Slow Jam ( Repeats Tuesdays ) – 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, August 14, 2023 – 6:30-8:30 PM ~ Beat Division ~ Wednesday Series~ Concert in the park!!! Come prepared to dance to the very best New Wave and Post-Punk-era tunes from Duran Duran, The Cure, INXS, Psychedelic Furs, Billy Idol, Echo & The Bunnymen and more!  ~ Westlake Park, 14165 Bunick Drive ~ More Info :  CLICK HERE

Thurs, August 15, 2023 – 7:00 PM ~LOPL Trivia! (Online) ~ Join  your hosts, Jamie and Carissa for some good old fashioned brain games! Email in your trivia questions and show up for some fun! maybe you’ll win a Powell’s gift card : ) Sponsored by Lake Oswego Public Library – More Info:  CLICK HERE

Fri, August 16, 2023 – 10:00-11:30 AM ~ Friday Discussion Group ~ Come join other involved & interested people for this monthly group exchanging ideas. Learn more in the link! ACC, 505 G Avenue Lake Oswego ~ More Info: CLICK HERE

Sat, August 17, 2023 – 8:30AM-1:30 PM – Lake Oswego Farmers Market!~ Wander through all the produce and artisan booths while listening to live music (10:30-12:30). This Farmers Market experience is not to be missed…if you’re looking for it you’ll find it here~  superior produce, meats, seafood, nuts, cheeses, artisan baked goods, jams, jellies, salsas, hummus, nursery items, hot foods, artisan crafts and more! ~ Millennium Plaza Park, 200 1st St, Lake Oswego~ More Info: CLICK HERE

Market Activity ~ July 29- Aug 4, 2024

Last week Lake Oswego had 23 properties enter the market, 13 move to Pending status and 12 that Sold/Closed. Right now there are 227 properties available ranging from $200,000 to $7,998,000.

Here is the breakdown:

NEW July 29-Aug 4, 2024

AddressList PriceBedsBathsSFProp Type
101 OSWEGO / Main$309,000221212CONDO
422 S STATE ST$425,000211659CONDO
3916 CARMAN DR$449,90022.11278CONDO
16625 ASTOR AVE$575,000321519DETACHD
18421 INDIAN CREEK DR$748,000321836DETACHD
5376 ROSEWOOD ST$765,00032.12483ATTACHD
5314 TUALATA CT$815,00032.12444DETACHD
5379 GREYSTOKE DR$830,000321917DETACHD
1419 HEMLOCK ST$850,000532520DETACHD
4664 Firwood RD$865,000321552DETACHD
1795 OAK ST$950,00043.13632DETACHD
14 HOTSPUR ST$970,00042.12776DETACHD
1471 GREENTREE CIR$1,015,00042.12128DETACHD
1928 PALISADES TERRACE DR$1,195,00055.14337DETACHD
762 9TH ST$1,195,000221251DETACHD
4487 WESTBAY RD$1,200,000321869DETACHD
4224 HAVEN ST$1,299,950322752DETACHD
1830 CLOVERLEAF RD$1,327,50032.11879DETACHD
6080 BURMA RD$1,400,000322134DETACHD
1699 VILLAGE PARK LN$1,499,00032.23085DETACHD
4688 UPPER DR$2,150,00043.13962DETACHD
17787 KELOK RD$2,275,000323083DETACHD
16819 ALLEN RD$7,950,00043.14882DETACHD

PENDING July 29-Aug 4, 2024

AddressList PriceBedsBathsSFProp TypeDays
61 GALEN RD / Ground$189,00011552CONDO48
75 GALEN ST / Ground$299,90022989CONDO71
4490 LAKEVIEW BLVD$699,900321727DETACHD108
668 MCVEY AVE #58$739,00031.1992CONDO137
2405 Knaus RD$750,000321685DETACHD44
20 OTHELLO ST$950,00032.12160DETACHD19
4500 WEST RD$1,149,00042.12479DETACHD54
4487 WESTBAY RD$1,200,000321869DETACHD0
5831 SUNCREEK DR$1,200,00042.12865DETACHD4
5675 MERIDIAN CT$1,400,00043.13075DETACHD2
23 HILLSHIRE DR$1,495,00043.14360DETACHD118
17787 KELOK RD$2,275,000323083DETACHD3
1237 LAKE FRONT RD$2,795,000333378DETACHD20

SOLD/CLOSED July 29-Aug 4, 2024

AddressOpenClosedBedsBathsSFProp TypeDays
4 TOUCHSTONE #62$325,000$295,00032.11351CONDO72
570 S STATE ST / Main$340,000$325,00021914CONDO7
220 RIDGEWAY RD / Upper$350,000$345,00021914CONDO15
2 MOUNTAIN CIR$539,900$552,00021.11372ATTACHD15
236 GREENRIDGE DR$615,000$607,000321492ATTACHD0
17615 SYDNI CT$819,900$799,90042.12651ATTACHD32
14300 CAMDEN LN$975,000$975,00042.12310DETACHD8
5802 RIDGETOP CT$1,090,000$1,084,70042.13160DETACHD4
12730 ADRIAN CT$1,345,000$1,300,00042.13014DETACHD71
13597 ROGERS RD$1,575,000$1,587,50053.13950DETACHD5
745 TERRACE DR$3,000,000$2,150,00032.12708DETACHD30
17952 CARDINAL DR$3,849,900$2,750,00053.24588DETACHD741
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) .

Protect Your Home From Fire

I don’t know how many of you lived in LO September of 2020, but the forest South of the Portland Metro area exploded in flames. LO was actually declared a Stage Three evacuation zone: meaning pay attention. Be ready to prepare to evacuate. I actually packed up my priority items and staged them next to my front door. It’s a funny thing, knowing you can only take what fits in your car.

My point is fires are a real threat in the US West. It’s our reality. The time to prepare is before there is an emergency and the Lake Oswego Fire Department is offering help. By going to www.lakeoswego.city/fire/wildfire-risk-prevention you can get information and sign up for a free home evaluation with the LO Fire Department.

Here are some basic tips that you can do now:

Clean your roof and gutters of flammable debris

Make sure any openings to your attic, like vents, are screened with 1/8″ or smaller screens

Cut back trees around your house to have a 10′ clearance from the structure

Keep your decks and porches free of flammable materials

Landscape your yard with fire resistant plants

Create a 5′ barrier around your house that is free of flamable materials

Keep your grass and weeds mowed to no taller than 4″

I think it’s about being fire aware. As you live in your home, as you landscape and make improvements, keep these tips in mind. And take advantage of the free home assessment offered by the LO Fire Department. What you do now can make a big difference later.

Portland Area June 2024 Stats + LO

Here is your breakdown from the previous month/May 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.

June took a nap on the activity front with decreased New Listings, Pending Listings and Closed Sales.  That was not my *personal* experience, Ha! But those are the June overall Portland area numbers.  At the same time, more houses are going on the market now as we can see from Inventory rising, and that may be owing to the fact that we see prices rising in most of the metro giving homeowners decent returns on their investments, with West Portland faring better than N & NE Portland. As I mentioned last month, I am anticipating a busier than usual late summer season.

Rates:“Rates are holding steady in the mid 6% range as inflation eases. Markets are looking good!”      Gary Boyer, Regional VP, Gold Star Mortgage Financial  

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

  • There were 3,044 New Listings in June which is down 7.7% from 3,298 in June 2023 and also down 13.2% from the 3,508 in the previous month/May.
  • At 2,081 June 2024’s Closed Sales (Solds) are down 0.2% from June 2023’s 2,085 and also down 2.8% from the previous month’s total of 2,140.
  • At 2,217 June 2024’s Pending Sales (Accepted Offers) decreased 2.4% from June 2023’s  2,272, and also down 6.2% from the previous month/May’s total of 2,363.
  • The Average Sale Price for June 2024 of, $636,200 is up$9,400. from last year/June 2023’s $626,800, and up $7,200 from the p­­revious month/May’s $629,000. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in June 2024 of $565,000 is up $5,100 from June 2023’s $559,900, & up $6,500 from May’s $558,500    

LAKE OSWEGO: (Month of June ’24)

316 Active Listings (May 269)
173 New Listings  (May 198)
107 Pending Sales (May 128)
98 Closed Sales  (May 110)
Average Sale Price for June: $1,031,600 (May $965,600)
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.
48 Days on the Market   (May 54)

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