Market Activity Report July 19-25, 2021

There is a lot of speculation amung Realtors that the market may be starting to slow down just a bit. The last time I did this report, I was speculating that myself. With this weeks report I have to say that it is not happening, at least not right now.

Lake week in Lake Oswego there were 14 new listings, 27 properties that went into pending status, and 26 sold/closed properties. The market is still favoring sellers with most properties selling quickly at or above the list price.

See below for RMLS details.

New on the Market July 19-25, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #66Condo$205,00032.51351
100 Kerr Pkwy #43Condo$214,90022823
44 Eagle Crest Dr #20Condo$230,00021908
5058 Foothills Dr ACondo$420,000321252
17500 Pilkington RdDetached$460,000211050
4939 Hampton CtDetached$919,90052.52971
17151 Wall StDetached$1,150,000644141
17543 Lake Haven DrDetached$1,185,00042.52333
503 Laurel StDetached$1,550,00043.52917
2167 Wembley Park RdDetached$1,750,00043.54015
855 G AveDetached$2,000,00032.53710
1889 Highlands LoopDetached$5,499,00056.56832
3328 Lakeview BlvdDetached$6,398,00045.56675
16767 Graef CircleDetached$3,499,00044.54222

Pending Sales July 19-25, 2021

AddressTypePriceBRBathsSq FtCDOM
200 CervantesCondo$289,00031.5113811
200 Burnham Rd #305Condo$340,0002213051
43 Greenridge CtAttached$399,90031.5+.5165265
4222 Woodside DrAttached$450,0003215785
1509 Bonniebrae DrAttached$482,90032.517396
1672 Lake Front RdDetached$650,0003217685
16901 Lakeridge DrDetached$729,0004320803
49 Da Vinci StDetached$739,00032235112
5895 Suncreek DrDetached$749,0004223795
18260 Indian Creek DrDetached$759,00032208211
17268 Fernwood DrDetached$765,00032.5208658
18571 Waxwing WayDetached$810,00042.5208119
1430 Larch StDetached$815,0003313127
17730 Marylbrook DrDetached$850,00032.5295114
7 Mountain View LnDetached$850,00052.5332448
17 Westridge DrDetached$875,00043.5+.5353311
125 Furnace StCondo$995,00022.519274
4222 Cobb WayDetached$1,089,00043224315
13207 Deerfield CtDetached$1,175,00043.5380135
12817 Adrian CtDetached$1,298,00042.531323
2805 Southshore BlvdDetached$1,300,00022.526233
4723 Lamont WayDetached$1,400,00043.530585
1978 Egan WayDetached$1,998,00045.5+.5676164
1334 Maple StDetached$2,100,00043.536606
18000 Eastridge LnDetached$2,495,00044.556106
17575 S Crestline DrDetached$2,995,00054.5+.5749648
1226 Northshore RdDetached$6,499,00045.5633045

Sold/Closed July 19-25, 2021

AddressTypeList PriceSold PriceSq FtCDOM
16250 Pacific Hwy #48Condo$345,000$343,50013065
1600 Boca Ratan DrAttached$390,775$390,7759980
15438 Stephanie CtAttached$469,980$470,00016276
5221 Tualata LnDetached$550,000$588,05014914
1033 Obrien StDetached$600,000$608,00014162
5357 Lakeview BlvdDetached$649,900$640,00018944
4124 Harvey WayDetached$649,900$649,900141022
9 Falstaff StDetached$759,000$705,000243651
13431 Vermeer DrDetached$750,000$790,00027017
1588 Cherry LnDetached$749,900$803,00020013
5760 Meridian CtDetached$850,000$880,0002,5045
15518 Heritage CtDetached$820,000$950,00028854
17904 Cardinal PlDetached$949,000$950,00018405
5697 Charles CircleDetached$950,000$967,00032684
16972 Greentree AveDetached$1,100,000$1,100,000281213
1255 Bickner StDetached$1,235,000$1,205,000276494
17911 Hillside DrDetached$1,200,000$1,208,30436355
15136 Glen Eagles CtDetached$1,200,000$1,235,00026074
14511 Pfeifer DrDetached$1,250,000$1,375,00034226
4390 Sunset DrDetached$1,399,000$1,427,00030351
16200 Waluga DrDetached$1,450,000$1,550,00033754
3140 Douglas CircleDetached$1,799,971$1,744,00043335
149 Furnace St #25Condo$1,795,000$1,785,00039546
3250 Upper DrDetached$1,875,000$1,950,00040581
168 Pine Valley RdDetached$1,995,000$2,100,00049067
13700 Fielding RdDetached$4,996,000$4,998,00058023

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.

News & Notes ~ June Numbers 2021

Here is your look at the latest numbers as released by RMLS for the overall Portland area and how Lake Oswego fits in just below.

Overview/Fluctuations ~  Market Data June 2021: 

New Listings and Closings increased in June, and/but Accepted Offers (Pendings) decreased from last year’s June figures as well as last month /May.

Inventory rose a whopping .1% in June (ha ha). We’re still at record (record) lows. While we’re talking records, check out those neighborhood appreciation levels below. Just wow.

My trusted mortgage advisor says rates are down a bit to 3.0%! Fed is indicating that they’ll continue to support the markets as the job picture improves.

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

  • There were 4,298 New Listings in June 2021 increased 17.5% over April 2020’s 3,658 and increased 8.2% from the previous month/May’s 3,971.
  • At 3,477, June 2021’s Closed Sales are up 28.3% from June 2020’s 2,709, and also up 9.2% from the previous month/May’s total of 3,183
  • At 3,534, June 2021’s Pending Sales decreased 3.3% from June 2020’s 3,654, and also dropped 4.9% from the previous month/May’s total of 3,717.
  • The Average Sale Price in June 2021 of $597,100 is up $117,400 from last year/June2020’s $479,700, and up $14,900. from the previous month/May’s $582,200. 
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in June 2021 of $521,000 rose $86,000 from last year/June 2020’s $435,000, and also increased $6,000 from the previous month/May’s $515,000.

LAKE OSWEGO

  • 146 Active Listings (May 129)
  • 262 New Listings    (May 222)
  • 202 Pending Sales (May223)
  • 229 Closed Sales    (May 199)
  • Average Sale Price for June: $1,018,100 (May $928,300)
    • 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.
  •  21 Average Days on the Market   (May 28)

Market Activity ~ July 12-18, 2021

This last week there were 14 properties entering the market, 25 moving to Pending/accepted contract, and 20 that Sold/Closed. here is the latest according to RMLS:

NEW July 12-18, 2021

AddressList Price# Beds# BathsTotal SFProp Type
29 CRESTFIELD CT / Grnd$249,90022989CONDO
36 CRESTFIELD CT / Upper$295,00021921CONDO
18281 WOOD THRUSH CIR$715,00042.12240DETACHD
2697 LOOKOUT CT$720,000322219DETACHD
1430 LARCH ST$815,000332312DETACHD
4 SHERWOOD CT$825,00042.12870DETACHD
3065 ROYCE WAY$835,00042.12726DETACHD
14121 REDWOOD CT$969,90043.12827DETACHD
1535 PINE ST$1,100,00032.12390DETACHD
427 9TH ST$1,199,00053.13250DETACHD
45 NANSEN SMT$1,250,00044.15874DETACHD
12730 ADRIAN CT$1,295,00042.13014DETACHD
732 ELLIS AVE$2,350,00042.13482DETACHD
17475 BLUE HERON RD$3,995,00055.15787DETACHD

PENDING July 12-18, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
45 EAGLE CREST DR  #49$249,900221214CONDO5
163 OSWEGO SMT / Upper$285,000221506CONDO2
4041 JEFFERSON PKWY$289,00011.11060CONDO4
16250 PACIFIC HWY  #41$360,000221380CONDO20
6135 SHAKESPEARE ST$549,900421656DETACHD21
16501 LAKE FOREST BLVD$550,000311429DETACHD28
31 ORIOLE LN$569,000331968DETACHD4
17902 TAMARA AVE$569,900422082DETACHD4
6545 SW Childs RD$600,000643134DETACHD1
23 FALSTAFF ST$629,000321435DETACHD38
18811 REAO CT$639,90032.11916DETACHD7
6227 WAYZATA CT$649,99931.11232DETACHD7
5880 ROCKWOOD CT$656,500321772DETACHD2
4 PIMLICO TER$690,000322100DETACHD3
9 SPINOSA$749,00022.12250DETACHD5
1811 KILKENNY DR$758,000433794DETACHD0
17802 HILLSIDE WAY$779,80042.13026DETACHD23
759 TIMBERLINE DR$825,000432928DETACHD21
16933 GREENTREE AVE$874,90042.12276DETACHD28
3333 ROYCE WAY$949,90032.12896DETACHD7
18320 DELENKA LN$995,00042.14519DETACHD67
17649 WOODHURST PL$1,198,00054.15669DETACHD103
4210 VIRGINIA WAY$1,489,00044.13508DETACHD58
19395 HILL TOP RD$1,575,00053.24788DETACHD4
13700 FIELDING RD$4,998,00054.25802DETACHD3

SOLD July 12-18, 2021

AddressOpeningClosedBedsBathsSFProp TypeDays
23 CRESTFIELD CT / Grnd$199,000$220,00011689CONDO2
4 TOUCHSTONE  #123$215,000$225,00032.11351CONDO26
45 EAGLE CREST DR  #311$245,000$260,000221046CONDO2
4000 CARMAN DR,  E80$289,000$289,00022993CONDO28
3892 BOTTICELLI ST / Main$303,500$305,000321288CONDO4
5691 WINDFIELD LOOP$599,000$594,000321588DETACHD6
16775 WESTVIEW DR$629,000$693,000321806DETACHD4
13019 SIERRA CT$819,000$805,00042.12522DETACHD8
19001 BARTON RD$899,000$830,00042.12194DETACHD13
18343 ANDUIN TER$995,000$970,00042.13000DETACHD19
5774 BAY POINT DR$1,195,000$1,119,00052.13674DETACHD25
18711 WESTVIEW DR$1,195,000$1,200,00043.13592DETACHD6
5024 DOGWOOD DR$1,195,000$1,358,00043.13267DETACHD2
4640 DOGWOOD DR$1,550,000$1,400,000444142DETACHD9
560 4TH ST$1,449,000$1,450,00034.13186ATTACHD23
3729 ELEANOR CT$1,598,000$1,500,00044.14061DETACHD9
18031 MEADOWLARK LN$1,585,000$1,525,00043.13798DETACHD5
853 D AVE$1,950,000$1,812,50043.15137DETACHD56
1845 PALISADES TERRACE DR$3,650,000$2,990,00032.12674DETACHD17
1125 MAPLE ST$3,900,000$3,650,00043.16254DETACHD82
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 July 5-11, 2021

Last weeks market activity appears to have been more balanced with 19 new listings, 18 pending sales, and 23 closed/sold properties. The fact that the pending numbers were fewer than the new listings my have been a result of the July 4th holiday. It’s too soon to know if this is some sort of trend.

See below for RMLS data.

New on the market July 5-11, 2021

AddressTypePriceBRBathsSq Ft
200 CervantesCondo$289,00031.51138
12 Oswego SummitCondo$300,000221140
1 Peacock PlDetached$529,00032.51336
4980 Galen StAttached$589,00022.51552
18811 Reao CtDetached$639,90032.51916
6227 Wayzata CtDetached$649,99931.51232
15115 Quarry RdDetached$650,000432865
49 Da Vinci StDetached$739,000322351
18260 Indian Creek DrDetached$759,000322082
17730 Marylbrook DrDetached$850,00032.52951
4222 Cobb WayDetached$1,089,000432243
1739 Palisades Terrace DrDetached$1,095,00042.53654
1776 Oak StDetached$1,550,00043.54012
4531 West RdDetached$1,595,00033.53926
2165 Rodge Pointe DrDetached$2,100,000544749
1626 Englewood DrDetached$2,495,00042.5+.55581
13700 Fielding RdDetached$4,998,00054.5+.55802
14390 Uplands DrDetached$5,399,00044.57839
2470 Summit CtDetached$5,498,00043.5+.57180

Pending sales July 5-11, 2021

AddressTypePriceBRBathsSq FtCDOM
47 Eagle Crest Dr #54Condo$180,0001167237
42 Cervantes Circle 4BCondo$250,00021.59128
86 Kingsgate Rd G101Condo$265,000228402
1367 Bonniebrae DrAttached$399,00021.510082
186 D AveAttached$650,00032.516377
5071 Tualata LnDetached$675,00033154051
18426 Sandpiper WayDetached$688,0004318845
5051 Tualata LnDetached$695,00042158137
217 Hidalgo StDetached$749,90032.5431237
32 Morningview CircleDetached$750,00032.527187
537 Country Club RdDetached$775,00032190193
4099 Coltsfoot LnDetached$830,00052.5314915
2440 Overlook DrDetached$839,90043385015
1503 Pine StDetached$875,0004328424
1724 Fern PlDetached$950,00033216021
12723 Adrian CtDetached$1,098,0004331904
915 Cedar StDetached$1,550,00043.532193
2254 Knaus RdDetached$3,950,00045.5743611

Closed/sold properties July 5-11, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4619 Lakeview BlvdCondo$200,000$205,0007538
4 Touchstone #68Condo$219,000$245,00098458
4 Touchstone #124Condo$239,000$245,500135122
4000 Carman Dr B27Condo$269,000$300,0008692
103 Kingsgate RdDetached$525,000$525,00013525
1 Eagle Crest DrDetached$549,000$610,00012904
2710 SW Orchard Hill LnDetached$611,900$656,00020874
830 Laurel StDetached$645,000$685,00014003
20 Preakness CtAttached$625,000$700,00017905
14307 Camden LnDetached$719,000$740,00019320
2604 Glen Haven RdDetached$729,900$799,0002,1043
17310 Canyon DrDetached$750,000$805,0002716$3
18768 Wood Duck StDetached$925,000$965,00030164
1455 Nelson CtDetached$835,000$975,00022102
1585 Patton RdDetached$915,000$1,025,00033313
4137 Orchard WayDetached$975,000$1,052,00036802
3250 Westview CtDetached$1,200,000$1,161,0003928235
4379 Snowbrush CtDetached$1,050,000$1,161,00035962
640 9th StDetached$1,450,000$1,450,00033215
858 10th StDetached$1,650,000$1,650,00024106
1475 Chandler RdDetached$3,200,000$3,150,00045150
3230 Upper DrDetached$3,300,000$3,300,00053380
1190 Fairway RdDetached$5,495,000$5,200,00058559

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.

Market Activity ~ June 28-July 4, 2021

Even in the buildup to the Fourth of July we have strong activity. People are often holding off a bit when it comes to Listing during this week in anticipation of people being distracted over the holiday weekend, but we still had 7 Properties enter the market, with 27 Pending/Accepted Offers and 29 Sold/Closed. Right now there are 117 lovely homes available in Lake Oswego.

NEW June 28-July4, 2021

AddressList Price# Beds# BathsTotal SFProp Type
422 S STATE ST$324,997211659CONDO
162 OSWEGO SMT  #162$419,950221506CONDO
13198 PETERS RD$695,00032.12630DETACHD
18571 WAXWING WAY$810,00042.12151DETACHD
2936 SW ORCHARD HILL PL$998,00042.13419DETACHD
14002 CHELSEA DR$1,195,00042.13457DETACHD
2420 PRESTWICK RD$2,500,00063.13723DETACHD

PENDING June 28 – July 4, 2021

AddressList Price# Beds# BathsSFProp TypeDOM
153 OSWEGO SMT / Lower$269,000221677CONDO27
39 OSWEGO SMT / Grnd$269,000221212CONDO3
4000 CARMAN DR  #E80$289,00022993CONDO28
5061 FOOTHILLS DR, C$335,00022991CONDO8
210 S STATE ST  #10$515,00022.11743CONDO7
53 ORIOLE LN$549,00032.12072DETACHD17
6135 SHAKESPEARE ST$549,900421656DETACHD9
16885 FERNWOOD DR$639,500321624DETACHD4
17 CHURCHILL DOWNS$649,900431966DETACHD4
4932 MULHOLLAND DR$698,00032.12498ATTACHD54
1588 CHERRY LN$749,900322001DETACHD3
17071 REBECCA LN$775,000332288DETACHD10
605 7TH ST$775,000212035DETACHD3
1692 HIGHLAND DR$795,000432162DETACHD4
5675 VICTORIA CT$825,00032.12563DETACHD4
1874 GLENMORRIE TER$920,000333508DETACHD66
17904 CARDINAL PL$949,00032.11840DETACHD5
5697 CHARLES CIR$950,00042.13268DETACHD4
1704 GLENMORRIE TER$975,00052.14292DETACHD4
15136 GLEN EAGLES CT$1,200,00042.12607DETACHD4
13700 KNAUS RD$1,245,00032.12654DETACHD7
569 7TH ST$1,450,000443135DETACHD4
14088 GOODALL RD$1,625,00053.24441DETACHD25
301 IRON MOUNTAIN BLVD$1,649,00043.23036DETACHD2
4440 UPPER DR$1,899,00043.13583DETACHD42
17301 BERGIS FARM DR$2,199,00043.14737DETACHD69
1075 CHANDLER RD$2,699,00054.15710DETACHD40

SOLD June 28-July 4, 2021

AddressOpeningClosed # Beds# BathsSFProp TypeDOM
4 TOUCHSTONE  #118$219,900$220,00022984CONDO3
4000 CARMAN DR  #E68$255,000$262,00011836CONDO3
44 EAGLE CREST DR  #28$260,000$265,000321161CONDO2
78 GALEN ST  /  Upper$299,000$290,00022989CONDO4
3688 SPRING LN  #3D$350,000$350,000221117CONDO3
19 SUMMIT RIDGE CT$449,000$449,00022.11558ATTACHD11
6200 SHAKESPEARE ST$540,000$577,000321250DETACHD2
4771 AUBURN LN$679,000$650,00033.12183ATTACHD32
4396 GALEWOOD ST$650,000$680,00032.11672DETACHD12
1131 OXFORD DR$675,000$715,000432200DETACHD9
16441 BONAIRE AVE$679,900$750,000311677DETACHD5
4097 BUCK BRUSH LN$749,900$760,00032.12533DETACHD5
15481 TANAGER DR$725,000$768,17532.12153DETACHD3
12792 SIERRA VISTA DR$899,000$915,00042.13343DETACHD6
400 LAKE BAY CT$1,050,000$1,082,68032.11904DETACHD3
441 9TH ST$895,000$1,100,000422408DETACHD1
14175 TAYLORS CREST LN$1,095,000$1,106,000433432DETACHD4
1896 PALISADES LAKE CT$1,199,000$1,275,000433439DETACHD4
17436 KELOK RD$1,595,000$1,375,00042.13054DETACHD32
804 2ND ST$1,550,000$1,450,00052.12945DETACHD30
18224 BELLA TERRA DR$1,575,000$1,575,00043.14050DETACHD8
4484 WEST BAY RD$1,649,000$1,631,50053.14417DETACHD6
1175 CHERRY CIR$1,850,000$1,850,000656300DETACHD12
18740 GREEN BLUFF DR$1,800,000$1,850,000433645DETACHD3
7 DOVER WAY$1,899,999$1,900,00055.17803DETACHD3
1099 CHERRY CIR$1,690,000$2,110,00053.13796DETACHD5
13233 AMBER PL$1,999,000$2,150,000443913DETACHD0
2950 WEMBLEY PARK RD$2,499,000$2,499,00055.16667DETACHD3
460 BERGIS RD$5,495,000$4,321,45564.15114DETACHD569
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 June 21-27, 2021

Lake Oswego is so beautiful! We had a couple of days of pretty extreme heat but we are back to normal with highs in the 80’s. The flowers are blooming and the swim park is open. Summer in LO is pretty great.

The real estate market is also pretty great. Last week Lake Oswego experienced 14 new listings, 26 pending sales, and 27 sold/closed properties.

See below for RMLS details.

New on the Market June 21-27, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #62Condo$204,90032.51351
5061 Foothills Dr CCondo$335,00022991
16250 Pacific Hwy #78Condo$343,500221305
16250 Pacific Hwy #41Condo$360,000221380
6135 ShakespeareDetached$549,900421656
5071 W Sunset DrCondo$610,00022.51734
17071 Rebecca LnDetached$775,000332288
17802 Hillside WayDetached$799,80042.53026
759 Timberline DrDetached$825,000432928
2440 Overlook DrDetached$839,900433850
4099 Coltsfoot LnDetached$840,00052.53169
17151 Wall StDetached$1,198,000544141
5844 Ridgetop CtDetached$1,198,00042.53736
151 3rd St #1Condo$1,499,00032.53278

Pending Sales June 21-27, 2021

AddressTypePriceBRBathsSq FtCDOM
23 Crestfield CtCondo$199,000116892
4 Touchstone #69Condo$220,00032.5135133
44 Eagle Crest Dr #1Condo$230,000219082
4 Cervantes CircleCondo$240,00021.59128
156 Ridgeway RdCondo$450,00032.5180520
5221 Tualata LnDetached$550,0003214914
16501 Lake Forest BlvdDetached$550,0003114296
1033 Obrien StDetached$600,0004214162
1311 Pine StDetached$600,0003321506
5 Becket StDetached$685,00042.5365417
17859 Pilkington RdDetached$695,00032.5322279
16921 Kara LnDetached$750,00032.523825
5440 Bay Creek DrDetached$775,00032.524424
7 Mountain View LnDetached$850,00052.5332422
16933 Greentree AveDetached$874,90042.522767
5681 Yorkshire CtDetached$894,90042.529855
3830 Tempest DrDetached$949,95043309922
19310 Riverwood LnDetached$999,0005331921
1931 Park Forest CtDetached$1,025,00064.541076
2929 Glen Eagles RdDetached$1,100,0003225274
16972 Greentree AveDetached$1,100,00043281213
17911 Hillside DrDetached$1,200,0004336355
5922 Suncreek DrDetached$1,250,00043.5+.5402710
1860 Egan WayDetached$1,450,0004336955
853 D AveDetached$1,899,00043.5513729
18098 Pilkington RdDetached$2,199,00045.566806

Sold/Closed June 21-27, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #142Condo$229,900$220,00097951
137 Oswego SummitCondo$269,500$276,0001,2125
4320 Botticelli St #11Attached$399,950$368,000209813
979 Devon LnDetached$599,900$611,00023624
31 Partridge LnDetached$634,900$705,00031585
2991 Glen Haven RdDetached$650,000$715,00025605
4846 Lower DrDetached$812,900$718,4622655105
686 Sunnyhill DrDetached$750,000$770,00023926
3061 Westview CtDetached$875,000$800,000339636
5825 Bay Point DrDetached$850,000$869,00026043
4716 Heritage LnDetached$869,000$875,0002,6504
33 Da Vinci StDetached$760,000$890,00025604
17144 Warren CtDetached$920,000$910,000277818
15950 Parker RdDetached$899,900$935,00026863
12427 SW Orchard Hill RdDetached$849,000$967,50030232
17575 Blue Heron CtDetached$899,900$989,00029724
12986 Knaus RdDetached$1,149,000$1,054,7753242302
2002 Cedar CtDetached$1,180,000$1,100,00029456
13869 Amberwood CircleDetached$1,175,000$1,200,00033700
6407 Mission CtDetached$1,239,000$1,239,00036231
1151 Cherry CtDetached$1,180,000$1,100,00040097
4081 Pfeifer CtDetached$1,200,000$1,390,00040783
16315 Chapin WayDetached$1,795,000$1,775,00034784
743 6th St6Detached$1,675,000$1,900,0003922254
2112 Goodall CtDetached$2,100,000$2,150,00040784
13589 Goodall RdDetached$1,996,000$2,450,0004443230
1308 Northshore RdDetached$3,740,000$3,215,0004194254

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

Market Activity ~ June 14-20, 2021

This last week there were a mere 9 Properties added to Lake Oswego Inventory, and 27 that moved to Pending status, while 29 Closed/Sold.

Right now there are 101 Beautiful Homes to choose from in Lake Oswego!

NEW June 14-20, 2021

AddressList Price# Beds# BathsTotal SFProp Type
14425 HOLLY SPRINGS RD$770,000532238CONDO
1724 FERN PL$950,000332160DETACHD
15776 INVERURIE RD$1,095,000322352DETACHD
13207 DEERFIELD CT$1,175,00043.13801DETACHD
5933 SUNCREEK DR$1,250,00043.24027DETACHD
7 NANSEN SMT$1,499,00044.15640DETACHD
1687 VILLAGE PARK LN$1,500,000433362DETACHD
16743 SW Pacific Highway$2,195,00043.14340DETACHD
420 RIDGEWAY RD$4,250,000443505DETACHD

PENDING June 14-20, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
4 TOUCHSTONE, #68$219,00022984CONDO58
4 TOUCHSTONE, #118$219,90022984CONDO3
4000 CARMAN DR  B27$269,00022869CONDO2
16250 PACIFIC HWY, #48$345,000221305CONDO5
5225 JEAN RD, #203$359,900321400CONDO7
1 EAGLE CREST DR$549,000321290DETACHD4
5691 WINDFIELD LOOP$599,000321588DETACHD6
38 NORTHVIEW CT$638,900443125ATTACHD324
4124 HARVEY WAY$649,900321410DETACHD22
1701 ASPEN CT$663,800321956DETACHD5
2604 GLEN HAVEN RD$729,900422104DETACHD3
15518 HERITAGE CT$820,00043.12885DETACHD4
5760 MERIDIAN CT$850,00042.12504DETACHD5
491 COUNTRY CLUB RD$865,000422486DETACHD46
441 9TH ST$895,000422408DETACHD1
17343 BROOKHURST DR$949,90042.13488DETACHD4
5455 LANGFORD LN$999,90042.13398DETACHD35
18711 WESTVIEW DR$1,195,00043.13592DETACHD6
14511 PFEIFER DR$1,250,00042.13422DETACHD6
16200 WALUGA DR$1,450,00053.13375DETACHD4
18031 MEADOWLARK LN$1,525,00043.13798DETACHD5
4502 LAMONT WAY$1,695,000443880DETACHD22
3140 DOUGLAS CIR$1,799,97143.14333DETACHD5
3250 UPPER DR$1,875,00044.14058DETACHD1
18783 STAFFORD RD$1,995,00054.25757DETACHD147
168 PINE VALLEY RD$1,995,00054.14906DETACHD7
1475 CHANDLER RD$3,200,00054.14515DETACHD0

SOLD June 14-20, 2021

AddressOpeningClosed # Beds# BathsTotal SFProp TypeCDOM
16200 PACIFIC HWY  #21$419,900$420,000221190CONDO5
16200 PACIFIC HWY  #4$490,000$430,000221190CONDO68
14392 SHERBROOK PL$515,000$558,00032.12133DETACHD4
3388 EDGEMONT RD$595,000$600,00032.12019DETACHD5
16873 CANYON DR$648,000$635,00032.11879DETACHD0
1865 GREENTREE RD$699,000$680,000421960DETACHD6
13413 AUBURN CT$689,000$689,00043.12822ATTACHD3
1858 SOUTHSHORE BLVD$650,000$710,000422097DETACHD56
16915 GREENTREE AVE$759,000$710,000332791DETACHD7
14 MORNINGVIEW CIR$689,900$715,00043.12728DETACHD19
17380 MARJORIE AVE$675,000$750,000421810DETACHD3
5546 ROYAL OAKS DR$759,000$770,000321920DETACHD23
2911 SW ORCHARD HILL PL$795,000$782,00043.13740DETACHD37
1244 HALLINAN CIR$775,000$885,000432485DETACHD5
4188 COBB WAY$825,000$910,000432586DETACHD5
5747 VICTORIA CT$810,000$925,00042.12432DETACHD2
1982 WEMBLEY PARK RD$975,000$925,000544561DETACHD15
2740 GLEN HAVEN RD$699,900$950,00032.11612DETACHD3
340 8TH ST$875,000$954,000322146DETACHD4
4471 West RD, Lot 4$1,125,000$1,200,181433885DETACHD10
3610 PIPER CT$1,300,000$1,225,00043.13976DETACHD60
5795 DOGWOOD DR$1,285,000$1,265,00042.13420DETACHD4
5800 SEVILLE AVE$1,299,000$1,310,000443912DETACHD12
755 5TH ST$1,375,000$1,422,50043.13001DETACHD4
3933 EDENS EDGE DR$1,450,000$1,450,00043.14436DETACHD35
137 FURNACE ST / Upper$1,479,000$1,485,000321927CONDO3
1640 COUNTRY CMNS$1,635,000$1,635,00044.15343DETACHD0
445 NORTHSHORE RD$3,198,000$3,110,00033.12908DETACHD2
1730 NORTHSHORE RD$4,295,000$4,192,50043.14173DETACHD3
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.

News & Notes ~ May 2021 Numbers

Here is your look at the latest numbers as released by RMLS for the overall Portland area and how Lake Oswego fits in just below.

Overview/Fluctuations ~  Market Data May 2021:    

                                                                                        

The stats show New Listings dropped a bit (2.3%) in May from April, and/but Accepted Offers rose at the same time by 8%.

Just when we think record lows in Inventory can’t get any lower, they do.  May took us down to 0.7 months of available housing.

Rates are still attractive hovering around 3.125%. Best to get out and get active if you are planning to, given that the Fed indicated last week that they’d be raising rates sooner than previously expected.

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

  • There were 3,971 New Listings in May2021 increased 16.1% over April 2020’s 3,419 and decreased 2.3% from the previous month/April’s 4,065.
  • At 3,183, May 2021’s Closed Sales are up 62.1% from May 2020’s 1,963, and also up 8.0% from the previous month/April’s total of 2,946
  • At 3,717, May 2021’s Pending Sales increased 19.4% from May2020’s 3,112, and also rose 9.3% from the previous month/April’s total of 3,400.
  • The Average Sale Price in May2021 of $582,200 is up $114,700 from last year/April 2020’s $467,500, and up $24,300. from the previous month/April’s $557,900.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in May 2021 of $515,000 rose $90,000 from last year/May 2020’s $425,000, and also increased $15,000 from the previous month/April’s $500,000.

LAKE OSWEGO:

  • 129 Active Listings (Apr 123)
  • 222 New Listings    (Apr 255)
  • 223 Pending Sales (Apr 218)
  • 199 Closed Sales    (Apr 142)
  • Average Sale Price for May: $928,300  (Apr $818,300)
    • 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.
  •  28 Average Days on the Market   (Apr 33)

Market Activity June 7-13, 2021

The weather is glorious and so is real estate in Lake Oswego. Last we we had 18 new listings, 24 properties move into pending status, and 22 closed sales. Of the 22 closed sales, just 3 sold for less than the asking price and most sold for significantly more that the asking price

See below for RMLS details

New Listings June 7-13, 2021

AddressTypePriceBRBathsSq Ft
16250 Pacific Hwy #48Condo$345,000221305
5225 Jean Rd #203Condo$359,900321400
750 1st St A10Condo$495,000221350
23 Falstaff StDetached$649,000321435
5 Becket StDetached$685,00042.53654
16624 RooseveltDetached$699,900322802
1959 Wembley PlDetached$745,000432128
16972 Greentree AveDetached$1,100,000432812
18711 Westview DrDetached$1,195,00043.53592
14511 Pfeifer DrDetached$1,250,00042.53422
18470 Ray Ridge DrDetached$1,499,00042.53902
18031 Meadowlark LnDetached$1,525,00043.53798
14088 Goodall RdDetached$1,625,00053.5+.54441
791 4th StDetached$1,675,000321568
3140 Douglas CircleDetached$1,799,97143.54333
1900 Northshore RdDetached$2,995,000533013
2088 Crest DrDetached$6,995,00046.58259
1226 Northshore RdDetached$7,000,00045.56330

Pending Sales June 7-13, 2021

AddressTypePriceBRBathsSq FtCDOM
4619 Lakeview BlvdCondo$205,000117538
4 Touchstone #123Condo$215,00032.5135126
4 Touchstone #124Condo$239,00032.5135122
45 Eagle Crest Dr #311Condo$245,0002210462
45 Eagle Crest Dr #28Condo$260,0003211612
19 Summit Ridge CtAttached$449,00022.5155811
5616 Childs RdDetached$495,0003112322
2710 SW Orchard Hill LnDetached$611,9003220874
20 PreaknessAttached$625,0003217905
16775 Westview DrDetached$629,0003218064
5357 Lakeview BlvdDetached$649,90042.518944
4771 Auburn LnAttached$679,00033.5218332
3 SpinosaDetached$755,00033261523
13041 Thoma RdDetached$770,00032.524184
13431 Vermeer DrDetached$774,50042.527012
9 Preakness CtDetached$849,9004337504
19001 Barton RdDetached$899,00042.5219413
1585 Patton RdDetached$915,0004333313
3250 Westview CtDetached$1,115,00053.53928208
18635 Westview DrDetached$1,150,0004551022
5774 Bay Point DrDetached$1,165,00052.5367425
5024 Dogwood DrDetached$1,195,00043.5326725
4640 Dogwood DrDetached$1,500,0004441429
13217 Amber Pl #1Detached$2,000,00043.53861474

Sold/Closed Sales June 7-13, 2021

AddressTypeList PriceSold PriceSq FtCDOM
49 Oswego SummitCondo$215,000$232,0007213
750 1st St E 28Condo$245,000$250,00090231
225 Cervantes Condo$319,000$319,000121621
3950 Carman DrCondo$345,000$400,00011013
1335 Laurel StDetached$529,000$571,00012483
338 Laurel StDetached$529,000$571,00013464
1127 Cedar StDetached$539,900$575,00018484
5785 Carman DrDetached$599,900$610,00019342
3722 Eleanor CtDetached$575,000$636,00011821
2633 SW Orchard Hill LnDetached$595,000$640,00021365
17473 Schalit WayDetached$619,900$662,2001,8124
5717 Langford LnDetached$675,000$685,0001800$4
18634 Bryant RdDetached$775,000$720,000285832
1401 Aspen StDetached$749,950$785,00028506
100 Leonard St 4-1Condo$965,000$950,00030215
13209 Twin Creek CtDetached$888,000$950,00030215
524 Weidman CtDetached$950,000$980,00034508
5737 Charles CircleDetached$899,000$1,025,00030884
69 Nansen SummitDetached$985,000$1,085,00031855
13906 Taylors Crest LnDetached$1,250,000$1,399,88838564
18262 Meadowlark LnDetached$1,799,000$1,725,000475740
584 Ridgeway RdDetached$4,398,000$4,398,00049963

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.

Market Activity ~ May 31-June 6, 2021

Last week we saw 15 homes enter the market, 28 move to Pending/Accepted Offer status, and 35 Closed/Sold. Right now there are 104 beautiful properties to choose from in Lake Oswego!

NEW May 31-June 6, 2021

AddressList Price# Beds# BathsTotal SFProp Type
47 EAGLE CREST DR  #54$186,00011672CONDO
4619 LAKEVIEW BLVD / Grnd$205,00011753CONDO
153 OSWEGO SMT/Lower$279,990221677CONDO
482 S STATE ST / 3B$385,000211659CONDO
19 SUMMIT RIDGE CT$449,00022.11558ATTACHD
156 RIDGEWAY RD$450,00032.11805CONDO
5051 TUALATA LN$714,900421581DETACHD
7 MOUNTAIN VIEW LN$850,00052.13324DETACHD
3830 TEMPEST DR$999,995433099DETACHD
12975 SW ELK ROCK RD$1,499,00053.14569DETACHD
4640 DOGWOOD DR$1,500,000444142DETACHD
2023 RIDGEWOOD RD$1,500,00042.14340DETACHD
3729 ELEANOR CT$1,598,00044.14061DETACHD
17575 S CRESTLINE DR$3,500,00054.27496DETACHD
1777 SKYLAND DR$3,700,00043.14871DETACHD

PENDING May 31-June 6, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
4000 CARMAN DR, E68$255,00011836CONDO3
4000 CARMAN DR, E80$289,00022993CONDO1
15438 SW STEPHANIE CT$469,98732.11627ATTACHD6
6200 SHAKESPEARE ST$540,000321250DETACHD2
4124 HARVEY WAY$649,900321410DETACHD7
14417 ORCHARD SPRINGS RD$649,99942.11968DETACHD22
4396 GALEWOOD ST$650,00032.11672DETACHD12
17310 CANYON DR$750,000532716DETACHD3
33 DA VINCI ST$760,000532560DETACHD4
1455 NELSON CT$835,00042.12210DETACHD2
340 8TH ST$875,000322146DETACHD4
663 CARRERA LN$899,000322356DETACHD1
17144 WARREN CT$920,00042.12778DETACHD18
18768 WOOD DUCK ST$925,000433016DETACHD4
18343 ANDUIN TER$970,00042.13000DETACHD19
4137 ORCHARD WAY$975,00052.13680DETACHD2
2011 RIDGEWOOD LN$999,90053.13115DETACHD3
4379 SNOWBRUSH CT$1,050,000433596DETACHD2
19229 35TH PL$1,100,00053.14764DETACHD113
5800 SEVILLE AVE$1,299,000443912DETACHD12
19305 HILL TOP RD$1,375,00043.15116DETACHD277
4390 SUNSET DR$1,399,00042.13035DETACHD1
640 9TH ST$1,450,000433321DETACHD5
858 10TH ST$1,650,00032.12410DETACHD6
1099 CHERRY CIR$1,690,00053.13796DETACHD5
4440 UPPER DR$1,899,00043.13583DETACHD16
2112 GOODALL CT$2,100,000434078DETACHD4
2254 KNAUS RD$4,125,00045.17436DETACHD46

SOLD May 31-June 6, 2021

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeDOM
4 TOUCHSTONE  #87$205,000$190,00022984CON217
147 OSWEGO SMT/Upper$232,000$251,000221140CON3
3668 SPRING LN  #4B$320,000$385,000221117CON4
5221 TREE ST$525,000$555,00031924DET3
10 ORIOLE LN$500,000$572,500321502DET5
17 LAUREL ST$599,000$599,00031.13096DET6
1033 SPRUCE ST$745,000$725,00022.11638DET12
2734 SW ORCHARD HILL LN$720,000$785,50042.12816DET4
17944 RIDGE LAKE DR$775,000$802,50042.12525DET3
5110 ROSEWOOD ST$800,000$840,00032.12464DET5
1118 ANDREWS RD$849,000$849,000322182DET3
4350 UPPER DR$875,000$855,000321717DET18
17043 CRESTVIEW DR$799,900$895,00042.12303DET4
17787 BLUE HERON DR$895,000$896,500432519DET9
324 LAKEWOOD RD$928,000$928,250221383DET10
30 HILLSHIRE DR$950,000$950,00042.13887DET2
2376 FERNWOOD CIR$849,900$950,625422094DET5
1768 GLENMORRIE DR$978,000$988,000332904DET2
1920 Park Forest AVE$1,125,000$1,050,000332679DET19
4145 CHAD DR$1,050,000$1,055,00042.13360DET9
13348 FIELDING RD$1,070,550$1,070,55031.12068DET1
5633 GRAND OAKS DR$950,000$1,075,00042.13156DET4
2357 HILLSIDE LN$1,195,000$1,195,000534162DET5
56 WILBUR ST$1,225,000$1,200,00033.13600CON7
5665 GRAND OAKS DR$1,025,000$1,220,000534226DET3
127 FURNACE ST/Upper$1,349,000$1,349,00022.12016CON7
3931 BASS LN$1,365,000$1,365,00054.14284DET2
3119 WEMBLEY PARK RD$1,385,000$1,465,00043.13688DET2
3423 LAKE GROVE AVE$1,695,000$1,650,00043.14721DET25
1799 ATHERTON DR$1,669,000$1,669,00045.16280DET37
18639 PILKINGTON RD$1,675,000$1,675,000444281DET7
19342 LORNA LN$1,685,000$1,685,00043.14375DET2
17432 KELOK RD$1,595,000$1,710,00032.13023DET3
165 PINE VALLEY RD$2,350,000$2,350,000444067DET0
1775 SOUTHSHORE BLVD$4,950,000$4,512,00035.15401DET0