Category: Selling Advice

Advice for home sellers in Lake Oswego, Oregon

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Market Activity ~ Feb 18-24, 2019

There are a total of 202 homes for sale in Lake Oswego right now. Last week 12 New properties entered the market, 21 moved to Pending status, and 12 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 18-24, 2019)

Address List Price # Beds # Baths Total SF Prop Type
172 OSWEGO SMT, Main FLr $254,900 2 2 1383 CONDO
4643 LAKEVIEW BLVD/Upper $289,900 2 2 1178 CONDO
12714 BOONES FERRY RD $359,000 3 1 996 DETACHD
2071 BONNIEBRAE DR $379,900 3 2 1611 TOWNHSE
31 LADD ST $450,000 3 1 867 DETACHD
21 LADD ST $495,000 3 1.1 2436 DETACHD
45 DA VINCI ST $729,900 4 3.1 3122 DETACHD
2025 GLENMORRIE LN $780,000 3 2 2652 DETACHD
128 NORTHSHORE RD $897,500 4 3 2695 DETACHD
15672 QUARRY RD $999,000 3 1 1480 DETACHD
29 HILLSHIRE DR $1,150,000 4 2.1 4690 DETACHD
2912 WEMBLEY PARK RD $1,475,000 4 3.2 4389 DETACHD

PENDING SALES (Feb 18-24, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
104 OSWEGO SMT Lower $170,000 1 1 764 CONDO 22
63 OSWEGO SMT #63 $179,900 1 1 1058 CONDO 3
48 EAGLE CREST DR #5C $279,000 2 0.2 1443 CONDO 104
218 RIDGEWAY RD Main $284,000 2 1 914 CONDO 18
210 S STATE ST #2 $395,000 2 1.1 1715 CONDO 10
4514 LOWER DR Lower $409,000 3 2.1 1644 CONDO 12
2745 GREENTREE RD $450,000 2 2 1219 DETACHD 3
732 ELLIS AVE $489,000 3 2 1632 DETACHD 8
13371 PETERS RD $549,900 3 2.1 2340 DETACHD 5
13369 PETERS RD $580,000 4 2.1 2474 DETACHD 131
1359 LARCH ST $650,000 6 3 3168 DETACHD 88
17 WESTRIDGE DR $698,900 4 3.2 3533 DETACHD 34
18034 WESTVIEW DR $699,900 4 2.1 3544 DETACHD 23
1080 UPPER DEVON LN $775,000 3 2.1 2512 DETACHD 5
15545 VILLAGE PARK CT $779,950 4 2.1 2735 DETACHD 24
17644 TREE TOP LN $820,000 4 3.1 4240 DETACHD 17
5328 LOWER DR $824,900 4 2.1 2600 DETACHD 1
1628 LAKE FRONT RD $1,080,000 4 3 2470 DETACHD 35
13236 AMBER PL $1,499,950 4 3.1 3966 DETACHD 283

SOLD (Feb 18-24, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
13 OSWEGO SMT $169,900 $145,686 1 1 764 CONDO 441
750 1ST ST E31 $199,900 $175,725 1 1 986 CONDO 332
106 OSWEGO SMT #106 $235,000 $237,000 2 2 1140 CONDO 7
6015 FERNBROOK CIR $379,000 $410,800 3 1.1 1250 DETACHD 2
4546 DOGWOOD DR $500,000 $486,940 2 1 1010 DETACHD 20
5695 BURMA RD $479,900 $487,000 4 2.1 1934 DETACHD 4
3306 EDGEMONT RD $535,500 $510,000 4 2 1733 DETACHD 128
1 PREAKNESS CT $585,000 $568,000 4 3 2373 DETACHD 4
5515 LANGFORD LN $600,000 $584,000 2 2 1830 DETACHD 2
14293 AMBERWOOD CIR $679,000 $684,000 4 3 2576 DETACHD 3
905 LAUREL ST $939,000 $936,971 3 3.1 2906 DETACHD 5
310 CHANDLER PL $2,150,000 $1,825,000 4 3.1 3867 DETACHD 168

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.

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Design Trends for 2019

I find design trends fascinating. When done well they are exciting and something we work to incorporate into our homes. When bad, they are entertaining because I’m curious to see if they will actually catch on. I compiled this list using multiple sources which I have sighted at the end of this post.

Let’s start with trends that are “out”:

Eclectic clutter, boho accessories, too much junk, it comes by many names but it pretty much boils down to rooms that are over loaded with art, pillows, trims and furniture. I find myself asking, was this ever in style? Clean and orderly never goes out of style.

Cherry cabinets. I would agree with this one. A recent article in The Oregonian stated that 43% of home owners want white cabinets. I do think wood cabinets are still popular, but white is making a come back.

Solid-white-quartz counters. I think it’s the white component. As previously stated, white cabinets are popular and white counters with white cabinets are not enough contrast to showcase a beautiful room.

Gallery walls. These are entire walls that are filled with photos and art. I think this falls in line with eclectic clutter, found at the top of this list.

Word art. Whether painted onto the wall or done with large letters that are hung on the wall, this is a design trend that has been around for a very long time. I’m glad to see it go.

Kitchen islands. Really? I mean, really? Don’t we all want a kitchen that is large enough to hold a kitchen island? I don’t think I see this one panning out. The rational is that islands take up a lot of space and provide very little storage. Hmmmm…I don’t see kitchen islands going out of style but time will tell.

Here are the trends that are foreseen as leading design changes for 2019:

Sustainability. This applies to both the materials used and the source of the materials. This one makes total sense to me and is long over due. There are gorgeous woods available in our region without having to log trees out of the rain forests of South America. In line with this concept are materials that are natural and hand made.

Biophilia. This terms is the concept that people and nature are integrated and our homes should reflect that. Think of rooms with large walls and windows that can be opened to to bring the outside in. Back yards with out door living spaces that include comfortable furniture and full cooking capability. It also ties into the sustainability idea by using natural fibers, stone, wood, and natural lighting.

70’s chic, Memphis design, it has quite a few names. The concept is the use of primary colors and graphic shapes. Tile in particular is heavily influenced by this. There is lots of use of geometric shapes and patterns.

Blush pink. One website referred to it as “millennial pink”. That gave me a laugh.

Wall papers and floral prints, oh my. This is one where I want to put out a public service announcement to “just say no”. As you can tell, I’m not a fan.

Vintage lighting. Light fixtures are such an affordable way to update a house. The vintage stuff out there is fantastic. Go with this one.

90% white and 10% color. White is in.

Mixed metals. Brushed bronze was predicted a few years ago to take over brushed nickel in faucets, hardware and kitchen knobs. That didn’t pan out. I think brushed nickel is still far more popular than other metals. Perhaps mixing the metals is a more gentle manner of transitioning. Copper and brass are now commonly found in fixtures and hardware.

These trends appear to be a toss up. Some lists put them on the “out” list, and some put them on the “in” list:

Velvet furniture. Is it plush and funky? Is it dated and stodgy? I think it comes down to what you like. If you like it, go for it.

Jewel tones. These are bold blues, reds, greens, the colors of sapphires, rubies, and emeralds. Like the velvet furniture, it’s both in and out. If you like it, go for it.

Concrete floors and counters. This trend has always been edgy. I personally think it is a material source that is sustainable and practical but it needs to be the right house. It does not belong in a Georgian Colonial. It would do really well in a ultra-modern loft.

We shall see which of these bear out to be true. Happy house hunting!
Dianne

Sources for this blog post included:
elledecor.com
decoraid.com
houzz.com
Realtor.com
The Oregonian

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Market Activity ~ Jan 21-27, 2019

Happy Sunny January from Lake Oswego!

Activity is slowly picking up and holding pretty steady with 188 homes for sale in Lake Oswego right now. Last week 14 New properties entered the market, 16 moved to Pending status, and 9 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 21-27, 2019)

Address List Price # Beds # Baths Total SF Prop Type
81 GALEN ST / Grnd $182,000 1 1 689 CONDO
200 BURNHAM RD #303 $230,000 2 1 1199 CONDO
106 OSWEGO SMT #106 $235,000 2 2 1140 CONDO
16200 PACIFIC HWY #22 $385,000 2 2 1190 CONDO
6238 SW DAWN ST $505,000 3 2 1414 DETACHD
17297 BRYANT RD $529,000 3 2 1428 DETACHD
5515 LANGFORD LN $600,000 2 2 1830 DETACHD
5474 BAY CREEK DR $649,900 4 2.1 2322 DETACHD
8 WALKING WOODS DR $669,900 4 3 3105 DETACHD
905 LAUREL ST $939,000 3 3.1 2906 DETACHD
8 SHERWOOD CT $1,100,000 5 3 4073 DETACHD
1300 GLENMORRIE DR $1,195,000 5 3.1 4340 DETACHD
1451 HORSESHOE CURV $1,198,000 3 2 2062 DETACHD
17522 BRYANT RD $1,324,900 4 4 3545 DETACHD

PENDING SALES (Jan 21-27, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
750 1ST ST #E31 $179,500 1 1 986 CONDO 332
4642 LOWER DR / Main $199,000 2 1.1 1260 CONDO 19
100 KERR PKWY #16 $205,000 2 2 823 CONDO 2
48 CRESTFIELD CT #48 $223,800 2 1 921 CONDO 17
4000 Carman DR #40 $259,000 2 2 906 CONDO 115
5751 WASHINGTON CT $439,100 5 2 2120 DETACHD 102
51 CONDOLEA CT $445,000 3 2.1 2198 CONDO 200
5695 BURMA RD $479,900 4 2.1 1934 DETACHD 4
3306 EDGEMONT RD $535,500 4 2 1733 DETACHD 128
14425 HOLLY SPRINGS RD $569,000 4 3 2238 CONDO 23
14293 AMBERWOOD CIR $679,000 4 3 2576 DETACHD 3
5326 WESTFIELD CT $765,000 4 3.1 3259 DETACHD 110
17890 KELOK RD $769,000 4 2.1 3095 DETACHD 6
1813 PALISADES LAKE CT $1,015,000 5 3.1 4119 DETACHD 130
19481 LORNA LN $1,330,000 5 3.1 4340 DETACHD 437
17211 BLUE HERON RD $1,385,000 3 2.1 2701 DETACHD 13

SOLD (Jan 21-27, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
6925 SW MONTAUK CIR /Grnd $215,000 $200,000 2 1 927 CONDO 114
3692 SPRING LN /Upper $265,000 $232,000 2 2 1117 CONDO 162
247 CERVANTES /Upper $320,000 $295,000 2 2 1384 CONDO 131
2051 WEMBLEY PARK RD $549,900 $475,000 2 2 1196 DETACHD 55
18440 SANDPIPER CIR $529,900 $510,000 3 2 1447 DETACHD 166
15580 PARTRIDGE DR $539,900 $530,000 4 2.1 2245 DETACHD 10
5536 BAY CREEK DR $619,000 $617,000 4 2.1 2380 DETACHD 7
1961 PARK FOREST AVE $699,900 $712,000 5 2 2092 DETACHD 5
2815 ORCHARD HILL PL $749,900 $770,000 4 3 2915 DETACHD 4

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.

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News & Notes ~ Year-End Dec 2018

Hello 2019!!!  Every year we get to take a look at how the numbers shook out for the prior year by digging into the December report, 1st through the 31st. The winter/holiday months always bring some cooling, and we also get to look at full year-to-year comparisons at this juncture.

Here is your look at the most recent data for the entire Portland area (Dec) as well as YTD numbers and how Lake Oswego fits in to the picture just below.

According to the RMLS Market Action Report for Portland Metro Area, December 2018:

– There were 1,255 New Listings in December 2018 which was down 21.4% from December of 2017’s 1,617, and also down 45.7% from the previous month/Nov of 2018’s total of 2,310.

  • ***New Listings for the entire year were: 41,287, an increase of 1.2% over 2017.

– At 1,846, December Closed Sales cooled  21.4% from December 2017’s 2,350, and also 13.9 % from the previous month/Nov 2018’s total of 2,144.  ***This is the coolest December for Closed Sales since 2013 when the total was 1,821.

  • ***Closed Sales for the entire year were: 29,771, a decrease of 5.9% from 2017.

-December’s Pending Sales (accepted offers), at 1,599 are down 9.0% down from December of 2017’s 1,757, and 16.0% from the previous month/Nov 2018’s total of  1,904.

  • ***Pending Sales for the entire year were: 29,809, a decrease of 4.9% from 2017.

-The Average Sale Price in December of $438,600 was up $16,900 from last year/December 2017’s $421,700, and down from the previous month/Nov 2018’s  $448,900 by $10,300.   

  • ***YTD Average Sale Price for the entire year was: $452,400 up 5.5% from $428,700 in Dec 2017.

-I am including Median Sale Price in 2019. So, for reference, when we do this again next year, the Median Sale Price (price smack dab in the middle) in December 2018 was: $390,000. Up from $380,000 in Dec 2017.

  • ***YTD Median Sale Price for the entire year was: $400,000, up 5.3% from 2017’s $379,900.

Neighborhoods: December’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $388,700              4.3%   (Nov 412,500/Dec ’17: 400,500, 5.9%)
    • YTD Median: $400,000
  • NE Portland:  $450,600                  4.0%   (Nov 453,100/Dec ’17: 430,000, 8.1%)
    • YTD Median: $415,000
  • SE Portland:  $425,900                   5.9%   (Nov 425,200/Dec ’17: 382,200, 8.7%)
    • YTD Median: $375,000
  • Gresham/Troutdale: $338,500      7.7%   (Nov 361,600/Dec ’17: 329,600,10.4%)
    • YTD Median: $340,000
  • Milwaukie/Clackamas: $427,500   4.6%   (Nov 443,400/Dec ’17: 411,500, 9.1%)
    • YTD Median: $400,000
  • Oregon City/Canby:   $428,600     7.1%   (Nov 427,200/Dec ’17: 402,100, 7.2%)
    • YTD Median: $392,500
  • Lake Oswego/West Linn:$636,300 .6%   (Nov 728,500/Dec ’17: 662,700, 9.5%)
    • YTD Median: $580,000
  • West Portland:    $588,800             3.8%  (Nov 601,000/Dec ’17: 612,700, 3.2%)
    • YTD Median: $519,000
  • NW Wash County:  $483,400          2.5%   (Nov 511,700/Dec ’17: 534,400, 7.7%)
    • YTD Median: $520,000
  • Beaverton/Aloha:     $381,600        8.6%  (Nov 397,200/Dec ’17: 363,200, 9.2%)
    • YTD Median: $375,000
  • Tigard/Wilsonville:   $459,600       6.3%   (Nov 482,000/Dec ’17: 435,700, 7.7%)
    • YTD Median: $430,000
  • Hillsboro/Forest Grove: $382,100  5.9% (Nov 381,300/Dec ’17: 366,800, 11.0%)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of December 2018 reported:

    •  296 Active Listings   (Nov 390 / Dec ’17: 288)
    •  115 New Listings     (Nov 115 / Dec ’17: 80)
    •   91 Pending Sales  (Nov  91 / Dec ’17: 92)
    •   75 Closed Sales      (Nov  75 / Dec ’17: 98)
    • Average Sale Price for November: $636,300  (Nov 728,500 / Dec ’17: 662,700)
      • 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.
      • FYI, YTD Median: $580,000
    •  76 Average Days on the Market   (Oct 61 / Dec ’17: 73)

 

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Market Activity ~ Jan 7-13, 2019

Greetings Property Blotter Readers!

Happy 2019!  OK, Dianne and I are getting back to “normal” now, and this is the first one-week report of the year for Lake Oswego. You can see below that we’re starting up steady with new properties beginning to hit the market and go Pending, and lots of properties Closing that were Pending during 2018. I removed 11 properties showing as “New” that had actually been “refreshed”, so these numbers below are real.  ***I’ll also have the much anticipated 2018 “Year-End” numbers in the News & Notes report for you this week.

There are 189 homes for sale in Lake Oswego right now. Last week 9 New properties entered the market, 8 moved to Pending status, and 18 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 7-13, 2019)

Address List Price # Beds # Baths Total SF Prop Type
48 CRESTFIELD CT #48 $223,800 2 1 921 CONDO
4000 Carman DR #40 $269,000 2 2 906 CONDO
16880 CORTEZ CT $455,000 3 2.1 2313 DETACHD
5222 CARMAN DR $599,999 3 2 2543 DETACHD
2801 LAKEVIEW BLVD $799,900 3 3.2 3144 DETACHD
2925 ORCHARD HILL PL $825,000 3 2.1 2767 DETACHD
780 BRIERCLIFF LN $1,168,000 5 3.1 3061 DETACHD
17211 BLUE HERON RD $1,385,000 3 2.1 2701 DETACHD
15566 VILLAGE PARK CT $1,475,000 4 3.1 4855 DETACHD

PENDING SALES (Jan 7-13, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13 OSWEGO SMT / Lower $129,900 1 1 764 CONDO 441
44 EAGLE CREST DR / Upper $195,000 2 1 908 CONDO 88
233 CERVANTES / Ground $199,900 2 1.1 1216 CONDO 49
3692 SPRING LN / Upper $249,000 2 2 1117 CONDO 162
553 6TH ST $499,950 1 1 1390 DETACHD 158
3857 BASS LN $639,000 3 2.1 2608 DETACHD 55
17342 RIDGEVIEW CT $1,360,000 4 3.1 4238 DETACHD 162
4694 UPPER DR $1,450,000 3 3 3637 DETACHD 249

SOLD (Jan 7-13, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
149 OSWEGO SMT / Upper $213,000 $196,000 2 2 1212 CONDO 192
204 RIDGEWAY RD #204 $239,000 $239,000 1 1 778 CONDO 12
1172 BOCA RATAN DR $375,000 $365,000 3 2 1611 ATTACHD 2
12886 BOONES FERRY RD $379,900 $375,000 2 2.1 1182 CONDO 13
17700 BRYANT RD $385,000 $385,000 3 1.1 1572 DETACHD 0
17510 Hill WAY $399,900 $400,000 2 1 2032 DETACHD 5
4298 WOODSIDE CIR $439,000 $427,000 3 3 2600 ATTACHD 306
18 GROUSE TER $540,000 $535,000 4 2.1 2631 DETACHD 93
5651 WINDFIELD LOOP $569,500 $537,000 2 2 1622 DETACHD 16
6414 FROST ST $597,900 $560,375 3 2.1 2205 DETACHD 54
5272 TREE ST $599,000 $584,000 3 3 1948 DETACHD 52
17079 CHERRY CREST AVE $679,000 $660,000 3 2.1 3002 DETACHD 23
15085 GLEN EAGLES PL $675,000 $675,000 4 3 2956 DETACHD 4
5668 VICTORIA CT $729,000 $710,000 4 2.1 3024 DETACHD 73
16987 ALDER CIR $899,000 $865,000 2 2.1 1991 DETACHD 407
455 9TH ST $949,000 $949,000 3 2.1 2143 DETACHD 0
4450 UPPER DR $1,100,000 $1,100,000 3 1 2580 DETACHD 12
612 CABANA LN $2,350,000 $2,150,000 4 4 3862 DETACHD 16

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.

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Preparing Your Home for a Home Inspection

Our local real estate market will begin to pick up steam now that the Christmas/Winter holidays are officially behind us. Honestly, with the warm winter we have been having, I won’t be surprised if we get daffodils in February. All of this has me thinking about the people who are reading this blog and planning to sell their home in the coming spring or summer.

There is so much to do to get your house ready! Clean, discard, paint, replace, where to begin? My advice, take it a day at a time and with proper planning you will be ready. As you do this, please take time to also prepare for the inevitable home inspection. Here is a check list to get the basics of a successful home inspection covered:

1. Make sure that no plants or trees are actually touching your house. The rule of thumb is 6 inches. Nothing growing in your yard should be closer than 6 inches to any part of your house.

2. Clean the gutters. This is particularly important is the rainiest part of an Oregon year is still ahead of us. Clogged gutters will lead to water in a crawl space, which is a huge red flag for a home inspector. When water is found in a crawlspace it really freaks people out. The imagination can lead to visions of trenches and sump pumps and $$$. Keep your life less dramatic and clean your gutters.

3. Replace or clean dirty furnace filters. Not only will this help the inspection to go well, but it will extend the life of your furnace and allow you to enjoy better air quality.

4. Repair leaky faucets. You know they are annoying you. Just do it, they annoy home inspectors as well.

5. Replace missing electrical covers on switches, outlets, and junction boxes.

6. Replace any smoke alarms that were installed prior to 2002 with alarms that meet today’s requirements. Along with smoke alarms, be sure to install carbon monoxide alarms if you have a fireplace or gas appliance in the house.

7. Replace burnt out light bulbs.

8. Pull soil 6” away from the siding, basement windows, foundation vents and decks.

9. Install 6 mil. black vapor barrier over exposed soil in the crawlspace.

10. Install earthquake straps on your water heater.

None of these items are very expensive. You may even be able to do a good many of them yourself. In addition, if your prospective buyer is getting a mortgage, and most of them will be, items 6, 9, and 10 will be a requirement for financing.

I hope you find this helpful. I also know that a good first step in the house selling process is getting a professional price opinion. Both Linda and I are happy to do this for you, at no charge. Please give us a call!
Dianne

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News & Notes ~ Nov 2018 Numbers

The holidays are all around us now!

Here is your look at the most recent data for the entire Portland area (Nov) and how Lake Oswego fits in to this picture just below.

 

According to the RMLS Market Action Report for the Portland Metro Area, November, 2018:

  • There were 2,310 New Listings in November 2018 which was down 4.4% from November of 2017’s 2,416, and also down 25.5% from the previous month/Oct of 2018’s total of 3,100 .
  • At 2,144, November Closed Sales cooled  10.2% from November 2017’s 2,387, and also 12.1 % from the previous month/Oct 2018’s total of 2,440.
  • November’s Pending Sales (accepted offers), at 1,904 are down 19.7% down from November of 2017’s 2,371, and 23.3% from the previous month/Oct 2018’s total of  2,484.
  • The Average Sale Price in November of $448,900 was up $23,900 from last year/November 2017’s $425,000, and down a little from the previous month/Oct 2018’s $454,400 by $5,500.   

Neighborhoods: November’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $412,500              4.6%   (Oct 428,700)
  • NE Portland:  $453,100                   3.7%   (Oct 463,100)
  • SE Portland:  $425,200                   5.3%   (Oct 395,200)
  • Gresham/Troutdale:   $361,600     8.1%   (Oct 359,700)
  • Milwaukie/Clackamas:  $443,400  5.1%   (Oct 410,200)
  • Oregon City/Canby:   $427,200      6.9%   (Oct 408,600 )
  • Lake Oswego/West Linn:$728,500 1.4%   (Oct 714,500)
  • West Portland:    $601,000             4.3%   (Oct 646,200)
  • NW Wash County:  $511,700          2.9%   (Oct 588,300)
  • Beaverton/Aloha:     $397,200       8.0%   (Oct 398,000 )
  • Tigard/Wilsonville:   $482,000       6.6%   (Oct 454,400 )
  • Hillsboro/Forest Grove: $381,300  6.3%   (Oct 400,500 )

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of November 2018 reported:

    •  390 Active Listings   (Oct 454 )
    •  115 New Listings     (Oct 153)
    •   91 Pending Sales  (Oct 101)
    •   75 Closed Sales      (Oct 121)
    • Average Sale Price for November: $728,500  (Oct 714,500)
      • 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.
    •  76 Average Days on the Market   (Oct 61)
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Market Activity ~ Dec 10-16, 2018

Greetings Property Blotter Readers!

 

Even with the holidays all around us at this point, homes are still being listed and sold. Look at the “Solds” from last week!  Yes, its time to get things done before the end of the year for a variety of reasons. That first holiday in your new home is always a special one : )

There are 207 homes for sale in Lake Oswego right now. Last week 6 New properties entered the market, 16 moved to Pending status, and 17 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 10-16, 2018)

Address List Price # Beds # Baths Total SF Prop Type
121 OSWEGO SMT $195,000 1 1 764 CONDO
17510 Hill WAY $400,000 2 1 2032 DETACHD
7210 SW CHILDS RD $424,900 3 2 1542 DETACHD
16224 LAKE FOREST BLVD $429,900 3 1.1 1300 DETACHD
5079 W SUNSET DR $529,900 2 2.1 1734 ATTACHD
2917 WESTVIEW CIR $1,298,000 5 4.1 4343 DETACHD

PENDING SALES (Dec 10-16, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
44 EAGLE CREST DR #2 $175,000 1 1 798 CONDO 10
/ Main $195,000 2 1.1 1216 CONDO 173
1172 BOCA RATAN DR $375,000 3 2 1611 ATTACHD 2
6291 HARRINGTON AVE $399,999 3 2 1472 DETACHD 119
4298 WOODSIDE CIR $439,000 3 3 2600 ATTACHD 306
15008 TWIN FIR RD $469,900 7 2.4 3532 DETACHD 176
1698 ASPEN ST $499,000 3 3 2668 DETACHD 132
1878 SOUTHSHORE BLVD $527,500 4 2.1 2594 DETACHD 180
10 PARTRIDGE LN $585,000 4 3 3528 DETACHD 119
5272 TREE ST $589,000 3 3 1948 DETACHD 52
5536 BAY CREEK DR $619,000 4 2.1 2380 DETACHD 7
17079 CHERRY CREST AVE $679,000 3 2.1 3002 DETACHD 23
17606 WOODHURST PL $799,900 5 3.1 4707 DETACHD 230
455 9TH ST $949,000 3 2.1 2143 DETACHD 0
3120 UPPER DR $2,350,000 5 3.1 4575 DETACHD 7
616 CABANA LN $2,798,000 5 4 3838 DETACHD 230

SOLD (Dec 10-16, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
57 GREENRIDGE CT $312,400 $279,036 2 2 1320 TOWNHSE 9
155 GREENWOOD RD $445,000 $445,000 3 1 999 DETACHD 86
4725 LAKEVIEW BLVD $465,000 $455,000 3 2 1589 DETACHD 6
1225 OAK TER $475,000 $475,000 3 1 1580 DETACHD 0
110 KINGSGATE RD $494,900 $485,000 3 2.1 1669 DETACHD 79
1981 MAPLELEAF RD $499,900 $520,000 4 2 2015 DETACHD 2
6187 FROST LN $564,900 $548,500 4 2.1 2149 DETACHD 90
18238 TAMAWAY DR $729,900 $577,500 5 3 5504 DETACHD 58
3742 RIVERS EDGE DR $679,000 $669,500 4 2.1 2765 DETACHD 8
17401 UPPER CHERRY LN $750,000 $690,000 4 3.1 3791 DETACHD 87
3562 UPPER DR $769,000 $760,000 3 3.1 2701 DETACHD 6
1041 CHANDLER RD $899,000 $830,000 3 2 1782 DETACHD 62
1055 COUNTRY CLUB RD $988,000 $875,000 3 2 2908 DETACHD 151
5027 ROSEWOOD ST $874,950 $883,000 4 3.1 3188 DETACHD 166
3773 UPPER DR $1,579,000 $1,490,000 4 2.1 3942 DETACHD 30
3115 DOUGLAS CIR $1,650,000 $1,567,500 5 4.2 4592 DETACHD 93
16913 CANAL CIR $1,595,000 $1,575,000 5 3.2 4359 DETACHD 60

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.

Posted on

Market Activity ~ Nov 26-Dec 2, 2018

Greetings Property Blotter Readers!

There are 233 homes for sale in Lake Oswego right now. Last week 7 New properties entered the market, 12 moved to Pending status, and 9 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Nov 26-Dec 2, 2018)

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #2 $175,000 1 1 798 CONDO
2182 GLENMORRIE DR $485,000 4 2 1580 DETACHD
4546 DOGWOOD DR $500,000 2 1 1010 DETACHD
4 GERSHWIN CT $739,000 4 4 3016 DETACHD
2050 WEMBLEY PARK RD $799,999 4 2 1868 DETACHD
3130 DOUGLAS CIR $1,595,000 4 3.1 4063 DETACHD
15880 OSWEGO SHORE CT $1,797,000 5 3.1 4084 DETACHD

PENDING SALES (Nov 26-Dec 2, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
15210 BOONES WAY / Upper $249,900 2 2 1124 CONDO 176
9 BLOCH TER $424,900 3 2.1 1946 TOWNHSE 7
1425 CEDAR ST $489,900 4 2 1669 DETACHD 52
18 GROUSE TER $540,000 4 2.1 2631 DETACHD 93
137 KINGSGATE RD $549,000 3 2.1 2372 DETACHD 16
1508 PINE ST $579,900 4 3 2300 DETACHD 134
18420 DEER OAK AVE $649,000 4 3 2327 DETACHD 59
3742 RIVERS EDGE DR $679,000 4 2.1 2765 DETACHD 8
161 FURNACE ST / Main $929,000 2 2 2134 CONDO 82
1099 TERRACE DR $1,499,000 5 4.1 4965 DETACHD 725
1175 WESTWARD HO RD $1,529,000 3 3.1 3547 DETACHD 135
3773 UPPER DR $1,529,900 4 2.1 3942 DETACHD 30

SOLD (Nov 26-Dec 2, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #19 $169,900 $158,900 1 1 617 CONDO 42
5711 MCEWAN RD $384,900 $350,000 3 1 1467 DETACHD 20
6182 SW DAWN ST $469,000 $450,000 3 1.1 1300 DETACHD 24
5695 WASHINGTON CT $575,000 $550,000 4 2 1708 DETACHD 19
19166 OLSON AVE $625,000 $652,500 5 3 2996 DETACHD 3
3100 WESTVIEW CT $1,100,000 $880,000 4 3.1 3725 DETACHD 295
16736 SYLVAN CT $999,900 $1,000,000 3 3 3914 DETACHD 6
2505 GLEN EAGLES RD $1,575,000 $1,575,000 5 5.1 4798 DETACHD 2
612 RIDGEWAY RD $2,598,000 $2,500,000 4 4.1 4106 DETACHD 397

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.

Posted on

Market Activity ~ Nov 12-18, 2018

Greetings Property Blotter Readers!

There are 257 homes for sale in Lake Oswego right now. People sell and buy homes all year long for a variety of reasons. Fall and winter are no exception. Last week 12 New properties entered the market, 22 moved to Pending status, and 10 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Nov 12-18, 2018)

Address List Price # Beds # Baths Total SF Prop Type
48 EAGLE CREST DR 5C $279,000 2 0.2 1443 CONDO
4308 BOTTICELLI ST $409,000 3 3.1 2098 TOWNHSE
16061 WALUGA DR $500,000 1 1 676 DETACHD
19220 RED WING CT $504,900 3 2 1647 DETACHD
4596 LAMONT WAY $524,900 4 2 2236 DETACHD
137 KINGSGATE RD $549,000 3 2.1 2372 DETACHD
3857 BASS LN $650,000 3 2.1 2608 DETACHD
17079 CHERRY CREST AVE $679,000 3 2.1 3002 DETACHD
13947 MAJESTIC CT $815,000 3 3.1 2822 DETACHD
55 NORTHSHORE RD #1 $879,000 3 2 2750 CONDO
1451 GREENTREE CIR $975,000 4 3.1 2300 DETACHD
3127 DOUGLAS CIR $1,579,000 5 3.1 3870 DETACHD

PENDING SALES (Nov 12-18, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #131 $199,900 3 2.1 1351 CONDO 29
15938 QUARRY RD B-4 $215,000 2 1 991 CONDO 120
5835 CARMAN DR $399,900 3 2.1 1650 DETACHD 215
6182 SW DAWN ST $454,000 3 1.1 1300 DETACHD 24
1981 MAPLELEAF RD $499,900 4 2 2015 DETACHD 2
73 CONDOLEA WAY/Grnd $512,000 3 3 2131 CONDO 0
17802 HILLSIDE WAY $539,900 4 2.1 3026 DETACHD 177
17411 TREE TOP LN $548,000 4 3 3382 DETACHD 123
2051 WEMBLEY PARK RD $549,900 2 2 1196 DETACHD 116
939 DEVON LN $579,900 3 2 2165 DETACHD 44
5668 VICTORIA CT $719,000 4 2.1 3024 DETACHD 73
808 ELLIS AVE $725,000 3 2.1 2200 DETACHD 8
3562 UPPER DR $749,500 3 3.1 2701 DETACHD 6
5326 WESTFIELD CT $775,000 4 3.1 3259 DETACHD 40
5027 ROSEWOOD ST $874,950 4 3.1 3188 DETACHD 166
1149 CHERRY LN $937,500 3 2.2 3187 DETACHD 29
18140 PIONEER CT $995,000 4 3 2524 DETACHD 102
13575 MEADOWCREEK LN $1,199,500 4 2.1 3370 DETACHD 174
3115 DOUGLAS CIR $1,650,000 5 4.2 4592 DETACHD 93
1956 HIGHLANDS LOOP $1,849,000 5 4.1 4641 DETACHD 736
1075 CHANDLER RD $2,207,500 5 4.1 5710 DETACHD 140
4890 INDIAN CREEK CT AUCTION 4 2 2064 DETACHD 144

SOLD (Nov 12-18, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
7 SUMMIT RIDGE CT $445,000 $425,000 2 2.1 1704 ATTACHD 65
532 2ND ST $495,000 $497,000 2 2.1 1392 CONDO 6
5105 ROSEWOOD ST $549,900 $520,000 4 2 1848 DETACHD 80
4 ESSEX CT $629,000 $580,000 4 2.1 2835 DETACHD 80
5835 Ridgetop CT $625,000 $608,000 4 2.1 2375 DETACHD 197
5555 FIELDSTONE CT $785,000 $699,900 4 2.1 2712 DETACHD 84
162 BERWICK RD $850,000 $750,000 2 2 2025 DETACHD 52
4057 PFEIFER CT $949,000 $869,000 4 3.1 4265 DETACHD 60
17555 REDFERN AVE $995,000 $995,000 4 3.1 3055 DETACHD 4
17388 CEDAR RD $2,698,000 $2,632,500 4 3.1 4635 DETACHD 157

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.