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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:

Sept 9, 2024 – 10:30 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, Sept 10, 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, Sept 11, 2024 – 1:00-4:00 PM ~Creative Hands ( Repeats Wednesdays ) ~ Make new friends & join this group of volunteers working with donated materials that they turn into uselful items that are then donated to various non-profit organizations.~ACC, 505 G Avenue Lake Oswego ~ More Info :  CLICK HERE

Thurs, Sept 12, 2024 – 5:30-6:30 PM ~Tree Protection Plans and Tree Code Violations- Workshop (Hybrid In-Person & Online)~ Learn about the City’s tree code requirements, including protecting trees during construction, including enforcement, violations & investigation.  Lake Oswego City Hall – Council Chamber, 380 A Ave, Third Floor – More Info & Registration:  CLICK HERE

Fri, Sept 13, 2024 – 10:00 AM ~Oktoberfest (Sept) in Mt. Angel~ All aboard! Join new & old friends alike enjoying a day in Mt Angel to experience Octoberfest with craft beers, German cuisine, live music, traditional dance & other cultural activities. Lunch TBA. Make it an unforgettable day! ~ More Info & Registration: CLICK HERE

Sat, Sept 14, 2024 – 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

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Market Activity ~ Aug 26-Sept 1, 2024

Last week Lake Oswego saw 17 properties enter the market, 16 move to Pending status, and 18 that Sold/Closed. Right now there are 231 homes for sale ranging from $159,950 to $11,900,000.

Here is the breakdown:

NEW Aug 26-Sept 1, 2024

AddressList PriceBedsBathsSFProp Type
45 EAGLE CREST DR #506$230,00011600CONDO
7161 CHILDS RD / Upper$349,00021916CONDO
4437 THUNDER VISTA LN$499,00022.12002CONDO
4324 WOODSIDE CIR$579,000221210ATTACHD
1419 GREENTREE CIR$694,000432250DETACHD
13457 AUBURN CT$749,00032.11937ATTACHD
16411 SW LAKE FOREST BLVD$799,900322180DETACHD
1036 BULLOCK ST$888,000431965DETACHD
16904 GREENTREE AVE$920,000433356DETACHD
5552 YORKSHIRE PL$1,150,00042.12637DETACHD
171 5TH ST$1,399,900422367DETACHD
13869 AMBERWOOD CIR$1,597,50042.13405DETACHD
1225 Spruce ST$1,750,00043.13482DETACHD
3884 LAKE GROVE AVE$2,450,00053.14504DETACHD
1777 SKYLAND DR$2,625,00043.14872DETACHD
1527 LAKE FRONT RD$7,350,00056.17220DETACHD
1900 TWIN POINTS RD$8,800,000536776DETACHD

PENDING Aug 26-Sept 1, 2024

AddressList PriceBedsBathsSFProp TypeDays
86 KINGSGATE RD, G102$315,00022849CONDO136
16625 ASTOR AVE$550,000321519DETACHD31
44 GREENRIDGE CT$569,90032.11996ATTACHD75
5271 CHINOOK CT$650,000321390DETACHD17
4980 CENTERWOOD ST$730,000321904DETACHD4
13457 AUBURN CT$749,00032.11937ATTACHD5
1795 OAK ST$900,00043.13632DETACHD25
19 SCARBOROUGH DR$995,000322875DETACHD68
6081 CLAIRMONT CT$999,00042.12680DETACHD101
782 SUNNY HILL DR$1,145,000322012DETACHD23
1928 PALISADES TERRACE DR$1,195,00055.14337DETACHD27
5254 WESTFIELD CT$1,295,00042.13346DETACHD5
17299 LAKE HAVEN DR$1,485,00042.12656DETACHD3
1699 VILLAGE PARK LN$1,499,00032.23085DETACHD23
18703 BRYANT RD$2,364,900444291DETACHD15
14062 GOODALL RD$5,250,00056.27365DETACHD4

SOLD/CLOSED Aug 26-Sept 1, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
61 GALEN RD / Grnd$189,000$189,90011552CONDO35
82 CERVANTES CIR / Grnd$234,997$243,00021.1912CONDO181
668 MCVEY AVE #42$449,000$379,00021852CONDO1
668 MCVEY AVE #14$395,000$390,00011636CONDO3
6435 FROST ST$725,000$700,00032.11838DETACHD108
4490 LAKEVIEW BLVD$779,900$700,000321727DETACHD48
15 CONDOLEA DR / Grnd$699,000$720,000332643CONDO33
15213 CANDLEWOOD CT$1,079,000$995,00042.12757DETACHD4
17 WESTMINSTER DR$1,180,000$1,100,00052.12736DETACHD18
5831 SUNCREEK DR$1,200,000$1,225,00042.12865DETACHD83
2222 CREST DR$1,249,000$1,249,000432820DETACHD2
5675 MERIDIAN CT$1,400,000$1,400,00043.13075DETACHD118
23 HILLSHIRE DR$1,775,000$1,402,00043.14360DETACHD285
2051 WEMBLEY PARK RD$1,495,000$1,495,000432750DETACHD3
1961 CHERYL CT$1,995,000$1,915,00054.15124DETACHD5
1755 MAPLELEAF RD$2,500,000$2,500,000444071DETACHD38
1475 SKYLAND DR$5,875,000$5,000,00066.28251DETACHD87
12780 S FIELDING RD$5,795,000$5,750,00055.58493DETACHD3
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) .
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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

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Market Activity August 19-25, 2024

As I have observed several times this summer, the real estate market in Lake Oswego remains very balanced with nearly equal numbers of properties entering the market as are selling. It’s a good time to both buy and to sell.

Last week in Lake Oswego we had 16 new listings come onto the market, 15 properties that accepted offers and went pending, and 14 closed sales.

See below for RMLS data.

New on the Market August 19-25, 2024

AddressTypePriceBedroomsBathsSq Feet
100 Kerr Pkwy #8Condo$182,95011617
3433 McNary Pkwy 3303Condo$299,50022.51208
280 CervantesCondo$395,000221050
17681 Leafy LnDetached$775,000532242
12850 Alto Park RdDetached$799,90021.51147
16061 Waluga DrDetached$799,90011676
4513 Oakridge RdAttached$829,90032.51974
18790 Bryant RdDetached$875,00032.52489
17701 Overlook CirDetached$999,000532864
18894 Bryant RdDetached$1,249,00044.54302
15468 Boones WayAttached$1,295,00042.52401
990 Lund StDetached$1,695,00043.53115
768 7th StDetached$1,895,00033.52921
429 6th StDetached$1,895,00042.53205
14400 Uplands DrDetached$2,198,00032.54267
13581 Goodall RdDetached$3,450,00044.55141

Pending Sales August 19-25, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
86 Kingsgate Rd C-201Condo$345,000229384
1784 Bonniebrae DrAttached$495,00021.5139311
12886 Boones Ferry RdCondo$499,90022.5118211
5170 Lakeview BlvdDetached$695,00032177146
710 Timberline DrDetached$775,00043264281
1419 Hemlock StDetached$799,00053252017
1620 Oak StDetached$950,0003221523
137 Furnace StCondo$1,595,00032192776
2120 Glenmorrie DrDetached$1,699,00043.5429360
16337 Chapin WayDetached$2,095,00054.55115156
4688 Upper DrDetached$2,150,00043.5396226
1515 Cherry LnDetached$2,150,00054.5571983
535 Middlecrest RdDetached$2,198,00032.5+.5287214
18015 Cardinal DrDetached$3,674,90043.5+.54119201
1750 Northshore RdDetached$4,750,00032.5330276

Sold/Closed August 19-25, 2024

AddressTypeList PriceSold PriceSq FeetCDOM
45 Eagle Crest Dr $422Condo$295,000$265,000134869
4438 Thunder Vista LnCondo$453,000$370,5252040107
102 Oswego SummitCondo$375,000$375,00015061
5 Bloch TerAttached$599,000$564,000197157
5314 Tualata CtDetached$815,000$785,000244446
16849 Lakeridge DrDetached$875,000$815,000220853
17654 Cardinal DrDetached$1,195,000$870,0002042150
20 Othello StDetached$950,000$942,000216019
16792 Quail CtDetached$1,275,000$1,237,000322227
139 Del Prado StDetached$1,615,000$1,325,0002935150
14360 Amberwood CirDetached$1,250,000$1,365,00028452
16915 Greentree AveDetached$1,499,950$1,425,000279134
469 7th StDetached$1,875,000$1,595,0004350149
529 8th StDetached$2,400,000$2,275,0003569246

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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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)

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Market Activity ~ Aug 12-18, 2024

Last week Lake Oswego logged 14 properties entering the market (New), 11 moving to Pending status, and 16 that Sold/Closed. Right now there are 230 homes available ranging from $182,950 to $7,998,000.

Here is the breakdown:

NEW Aug 12-18, 2024

AddressList PriceBedsBathsSFProp Type
4000 CARMAN DR, A4$300,00011836CONDO
86 KINGSGATE RD, C 201$345,00022938CONDO
4652 LOWER DR$395,00021.11170ATTACHD
200 BURNHAM RD, #103$425,00011765CONDO
1784 BONNIEBRAE DR$495,00021.11393ATTACHD
32 NOVA CT$649,90042.12190DETACHD
54 AQUINAS ST$899,00042.12774DETACHD
1620 Oak ST$950,000322152DETACHD
1571 BAY VIEW LN$1,299,00032.12854DETACHD
4874 SAGE HEN CIR$1,300,00042.12813DETACHD
554 4TH ST$1,575,00044.23376ATTACHD
18703 BRYANT RD$2,364,900444291DETACHD
4540 DOGWOOD DR$2,500,000545535DETACHD
1814 HIGHLANDS LOOP$2,695,00034.15635DETACHD

PENDING Aug 12-18, 2024

AddressList PriceBedsBathsSFProp TypeDays
90 GALEN ST / Upper$219,90011552CONDO20
220 CERVANTES, C$329,500221378CONDO17
668 MCVEY AVE, #14$395,00011636CONDO181
2818 POPLAR WAY$575,000311056DETACHD199
5320 CHINOOK CT$575,00031.11008DETACHD22
32 NOVA CT$649,90042.12190DETACHD1
18421 INDIAN CREEK DR$748,000321836DETACHD13
4991 Centerwood ST$1,025,00042.12433DETACHD48
32 INDEPENDENCE AVE$1,300,00043.13277DETACHD46
2260 SUMMIT CT$2,995,00054.13797DETACHD390
13600 GOODALL RD$3,299,90066.16612DETACHD47

SOLD/CLOSED Aug 12-18, 2024

AddressOpeningClosedBedsBathsSFProp TypeDays
4 TOUCHSTONE, #114$285,000$290,00022993CONDO7
75 GALEN ST / Grnd$303,000$305,00022989CONDO71
4 TOUCHSTONE, #90$305,000$305,00032.11351CONDO23
3818 BOTTICELLI ST$350,000$350,000321259CONDO17
1652 BONNIEBRAE DR$485,000$485,00031.11303ATTACHD19
16441 Bonaire AVE$865,000$825,000421677DETACHD6
5081 GREENSBOROUGH CT$925,000$825,00042.12142DETACHD71
91 TANGLEWOOD DR$925,000$830,00032.23046DETACHD39
875 PALISADES TERRACE DR$929,500$835,000432181DETACHD270
3265 DUNCAN DR$950,000$955,00033.12136DETACHD2
15713 TARA PL$975,000$975,00042.13442DETACHD3
4500 WEST RD$1,179,000$1,135,00042.12479DETACHD54
4233 CHAD DR$1,390,000$1,249,000333403DETACHD18
17200 CANAL CIR$1,379,000$1,390,000321866DETACHD3
2464 PALISADES CREST DR$1,450,000$1,425,00053.14012DETACHD43
18347 LOTHLORIEN WAY$1,700,000$1,650,00053.23950DETACHD17
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) .
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Nothing So Certain As Change

If you are paying attention to the headlines, you know that a big change happened in the Real Estate industry that went into effect last Saturday. It was the culmination of a lawsuit brought by the Department of Justice against the National Association of Realtors and several of the largest National Real Estate Brokerages.

The gist of the lawsuit was that the traditional method of agents who represent buyers to be paid resulted from the listing contract between the listing agent and the seller of a home. The Department of Justice determined that this was price fixing because it excluded the buyer from having any influence on the commission that their agent was paid. The courts agreed and in May a fine of 418 million dollars was imposed upon the defendants.

How does this affect you? It’s going to have a big impact when you buy or sell a home.

When you sell a home, your Realtor can not provide any information in the Multiple Listing Service that indicates whether or not you are willing to pay the buyer’s agent commission. I suppose that means that you could benefit because you only need to agree to pay your Realtor that you have hired to sell your property. Sounds pretty good, right? However you need to consider the situation that most buyers are in. They’re the folks who have to have enough money to pay their down payment and their closing costs. That is a big sum of money. Most buyers are pushing themselves financially to come up with these funds. As a seller, you are likely enjoying years of equity that has built up in your home. At the time of selling, you will be flush with cash, in most cases. Paying the buyer’s agent commission is likely more affordable for the seller than it is for the buyer.

As a buyer, you will have to enter into a contract with your buyer’s agent in which you agree to pay your Realtor. Being a Realtor is not a charity situation. Realtors need to know that they will be paid. If a seller declines to pay the buyer’s agent, the buyer will need to do so. So be prepared to financially plan to pay a buyer’s agent commission. That commission is negotiable and is between you and your Realtor.

From my perspective, I think that this new law will be very hard on buyers: particularly first time home buyers. That entry level market is already the most competitive and the most likely to involve multiple offers. The typical first time buyer is putting down a very small down payment. That already bodes badly for them when they are competing against investors who have large down payments or all cash. Now imagine that the seller has several offers and they are determining which brings them the most benefit. Are they going to go with the offer with a small down payment who also asks them to pay the buyer side commission? Nope. Not when there is an offer that not only has more cash on the table but also doesn’t ask them to pay an extra commission.

Last, I want to mention that it is now against the law for a Realtor who is not representing the seller to show a houses to a buyer without a Buyer Broker Compensation Agreement. So if you are casually calling around and asking Realtors to show you houses, you are going to have to have a signed contract to get into any house that the Realtor is not the listing agent for.

There really is nothing so certain as change. We will all get used to working with these new rules. I do like that it puts the buyer side commission right up front and creates an honest conversation. I also think it is not good for entry level buyers, but we will figure this out. We can do it.

Dianne

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Market Activity August 5-11, 2024

We really are in the dog days of summer. Rush hour is unusually light on the freeways, the weather has been perfect, it just feels like folks are enjoying vacationing and the languid days before school starts. This is reflected in last week’s real estate activity. Lake Oswego had 13 new listings, one of which sold quickly and appears in this report as a pending sale. 17 properties went into pending status, and there were 9 closed sales. Good numbers showing on-going real estate activity, but a bit down from recent previous weeks.

See below for RMLS data.

New on the Market August 5-11, 2024

AddressTypePriceBedroomsBathsSq Feet
12 Cervantes CirCondo$325,00021.5912
12886 Boones Ferry RdCondo$499,90022.51182
16538 Carnegia AveDetached$589,90031.51189
5271 Chinook CtDetached$675,000321390
4661 Trillium WoodsAttached$925,00032.52265
782 Sunny Hill DrDetached$1,145,000322012
5982 Harrington AveDetached$1,199,000333106
3037 Tolkien LnDetached$1,350,000433159
570 Middlecrest RdDetached$1,685,000322213
2065 Lilli LnDetached$1,750,00063.54457
535 Middlecrest RdDetached$2,325,00032.5+.52872
17575 Crestline DrDetached$3,975,00054.5+.57240

Pending Sales August 5-11, 2024

AddressTypePriceBedroomsBathsSq FeetDOM
47 Eagle Crest Dr #20Condo$297,00021100923
4438 Thunder Vista LnCondo$400,00022.52040107
121 Leonard St CCondo$485,00032141325
4421 Upper DrDetached$639,00031.511762
127 Ash StDetached$650,00052.53211142
5215 Bonita RdDetached$803,00032176167
5314 Tualata CtDetached$815,00032.524446
5379 Greystoke DrDetached$830,0003219176
17900 Westview DrDetached$875,00032196087
3060 Glenmorrie DrDetached$1,475,00032418368
16915 Greentree AveDetached$1,499,95033279134
469 7th StDetached$1,595,00043.54350149
16873 Canyon DrDetached$2,250,00054378942
16337 Chapin WayDetached$2,295,00054.55115137
2430 Summit CtDetached$3,249,000333035128
1551 Lake Front RdDetached$3,850,00053.5351945
17227 Canal CirDetached$3,950,00054.5472059

Sold/Closed August 5-11, 2024

AddressTypeList PriceClosed PriceSQ FeetCDOM
5057 Foothillls Dr #BCondo$469,000$395,000125264
18308 Pilkington RdDetached$595,000$545,000151130
57 Condolea TerCondo$675,000$725,00021722
19428 River Run DrDetached$1,075,000$975,815291844
3899 Tamarack LnDetached$950,000$980,00027433
15930 Twin Fir RdDetached$1,250,000$1,220,000246317
13546 Peters RdDetached$1,200,000$1,272,00030363
13707 Fielding RdDetached$1,550,000$1,380,000327793
361 10th StDetached$2,949,900$2,733,0003710140
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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This Week in Lake Oswego

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

August 12, 2024 – 1:00-2:00 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

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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) .