Affordable homes Archives - Page 6 of 130

September 19, 2021September 11, 2022

News & Notes ~ August Numbers 2021

Here is the latest look at the overall Portland area and how Lake Oswego fits into that picture. Don’t miss the Portland Neighborhood Report (below) with values, time on market and appreciation rates broken out for our Property Blotter readers.

Overview/Fluctuations ~ Market Data Aug 2021: August is never a robust month in Portland, but things are moving right along. With the exception of some slight shuffling, we saw a pretty “no-drama” month in terms of pricing stability and sales compared to July. Market time remains only slightly different than July, at 23 days compared to July’s 20 days overall. New Listings dropped off for a bit as we’d expect, and Inventory rose slightly to a whopping 1-month’s supply (just a tad under last August).

Rates are hanging right at 3.0% as of today, but there is pressure on rates to move higher.

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

There were 3,698 New Listings in Aug 2021 dropping 4.8% from Aug 2020’s 3,885 and 13.3% from the previous month/July’s 4,267.
At 3,219, Aug 2021’s Closed Sales are up 2.2% from Aug 2020’s 3,149, and fell 6.4% from the previous month/July’s total of 3,439.
At 3,535, Aug 2021’s Pending Sales decreased 4.4% from Aug 2020’s 3,697, and are also up 5.4% from the previous month/July’s total of 3,354.
The Average Sale Price in Aug 2021 of $583,600 is up $72,600 from last year/Aug 2020’s $511,000, and down $9,500. from the previous month/July’s $593,100.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Aug 2021 of $525,000 rose $76,000 from last year/Aug 2020’s $449,000, and also increased $3,000 from the previous month/July’s $522,000.

LAKE OSWEGO:

161 Active Listings (July 165)
168 New Listings (July 214)
163 Pending Sales (July 177)
171 Closed Sales (July 184)
Average Sale Price for July: $878,000 (July $1,020,600)
- 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.
23 Average Days on the Market (July 19)

September 16, 2021September 11, 2022

Market Activity ~ Sept 6-12, 2021

This last week in Lake Oswego there were 11 New homes entering the market, 18 moving to Pending status (accepted Offers), and 19 that Closed/Sold.

Right now there are 93 lovely properties available in Lake Oswego!

Here is the latest breakdown according to RMLS:

NEW Sept 6-12, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
100 KERR PKWY #2	$199,000	2	2	822	CONDO
316 CERVANTES CIR #316	$220,000	2	1	832	CONDO
4000 CARMAN DR, C44	$260,000	2	2	866	CONDO
68 WHEATHERSTONE CT	$549,900	4	3.1	2465	CONDO
26 PREAKNESS CT	$663,000	2	1.1	1654	ATTACHD
16624 ROOSEVELT AVE	$699,900	3	2	2802	DETACHD
4085 BUCK BRUSH LN	$729,000	3	2	2489	DETACHD
4104 LAKEVIEW BLVD	$849,000	4	2	2244	DETACHD
180 IRON MOUNTAIN BLVD	$1,495,000	5	4	3378	DETACHD
1839 PALISADES LAKE CT	$1,499,000	4	3.1	4570	DETACHD
3330 CEDAR CT	$1,649,000	4	3.1	4467	DETACHD

PENDING Sept 6-12, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
79 OSWEGO SMT / Upper	$239,000	2	2	1212	CONDO	2
200 BURNHAM RD #402	$355,000	2	2	1305	CONDO	10
210 S STATE ST #9	$525,000	3	2.1	1642	CONDO	19
12572 BOONES FERRY RD	$525,000	4	2	1577	DETACHD	113
17902 TAMARA AVE	$569,900	4	2	2082	DETACHD	59
17830 SW TUALATA AVE	$595,000	3	2	1373	DETACHD	30
825 OAK ST	$595,000	3	2	1335	DETACHD	4
656 3RD ST	$675,000	3	2	1200	DETACHD	5
12363 CLARA LN	$699,999	3	1	1390	DETACHD	3
1571 WOODLAND TER	$715,000	3	2	2400	DETACHD	121
20 DA VINCI ST	$799,900	5	3	3089	DETACHD	1
48 SPINOSA	$799,900	4	3.1	2848	DETACHD	33
6413 MCDUFF CT	$1,035,000	3	2.1	3091	DETACHD	3
17151 WALL ST	$1,099,000	6	4	4141	DETACHD	79
5349 CARMAN GROVE LN	$1,298,000	4	3	2903	DETACHD	22
2420 PRESTWICK RD	$1,420,000	6	3.1	3723	DETACHD	73
4715 FIRWOOD RD	$1,452,561	4	3	3586	DETACHD	4
2088 CREST DR	$6,995,000	4	6.1	8259	DETACHD	91

SOLD Sept 6-12, 2021

Address	Opening	Closed	# Beds	# Baths	Total SF	Prop Type	CDOM
12826 Boones Ferry RD	$445,000	$434,000	2	2.1	1182	CONDO	6
15115 QUARRY RD	$725,000	$650,000	4	3	2865	DETACHD	19
457 LAUREL ST	$650,000	$660,000	3	3	2264	DETACHD	14
6666 SW CHILDS RD	$750,000	$725,000	3	1	2408	DETACHD	8
12 MORNINGVIEW LN	$730,000	$730,000	3	2.1	2718	ATTACHD	4
13366 AUBURN CT	$750,000	$735,000	3	2.1	2492	ATTACHD	11
49 DA VINCI ST	$739,000	$772,000	3	2	2351	DETACHD	26
1430 LARCH ST	$815,000	$800,000	3	3	2312	DETACHD	7
5466 BAY CREEK DR	$789,000	$820,000	3	3	2535	DETACHD	4
1672 HIGHLAND DR	$699,900	$825,000	4	2	1867	DETACHD	4
18360 TUALATA AVE	$845,000	$891,000	5	2.1	2703	DETACHD	10
1739 PALISADES TERRACE DR	$1,095,000	$975,000	4	2.1	3654	DETACHD	33
16750 PHANTOM BLUFF CT	$899,000	$975,000	3	3	2267	DETACHD	2
4750 UPPER DR	$1,149,000	$1,035,000	5	3.1	3091	DETACHD	125
2011 RIDGEWOOD LN	$999,900	$1,050,000	5	3.1	3115	DETACHD	75
4721 FIRWOOD RD	$1,425,000	$1,449,995	4	3	3236	DETACHD	0
2950 GREENTREE RD	$1,495,000	$1,495,000	4	3.1	3691	DETACHD	8
2167 WEMBLEY PARK RD	$1,750,000	$1,780,000	4	3.1	4015	DETACHD	9
13217 AMBER PL #1`	$1,650,000	$2,000,000	4	3.1	3861	DETACHD	474

September 12, 2021September 17, 2021

What’s in a Name?

A bit of trivia about the Property Blotter. Linda and I started our blog many years ago. Blogging was new to real estate and we had the good fortune of working with someone who was in the know about how to do it. Ron Ares, the son of our principal broker was a new agent who was interviewed by the New York Times because of the blog he had for Portland real estate. I was like “What?!” At that point I had a couple of decades in the business and realized that the power of the blog was pretty incredible for the recognition that Ron got as a result of his efforts. So Linda and I were on board.

Then it was time to choose a name. We knew we wanted to have a name that was uniquely LO. We brainstormed lots of options and came up with the Property Blotter. The name comes from the Police Blotter that was published weekly in the Lake Oswego Review. The Lake Oswego Police have 100% response policy. If you call them, they show up. The police calls are then reported in the local newspaper. What they respond to can be pretty funny. So the local blotter has been a source of local entertainment for many years.

Here is a sampling of what was reported in the August 12th edition of the LO Review:

7/31 9:43 A.M.

A dead squirrel was seen near the 18400 block of Deerbrush Avenue

7/31 12:54 P.M.

A man was seen laying sideways on a step near Boones Ferry Road and Kruse Way Place

7/31 1:19 P.M.

A caller believed someone was selling dogs our of cages in a truck near the 40 block of McNary Parkway. It turned out to be a part of an adoption program.

7/31 9:34 P.M.

Someone was seen walking in the middle of the street near SW Lesser Road and Jefferson Parkway

8/1 7:00 P. M.

A resident said she was being followed by two people at a store near the 90 block of B Avenue. Police made sure she got home safely. (I love this one. Who doesn’t want a police escort if you feel unsafe?)

8/2 12:55 A.M.

Intermittent “constuction-type noises” were heard near the 1000 block of Westward Ho Road

As you can see, it can be amusing. There is actually a book that was written about the blotter. It’s a good read that I highly recommend.

I feel very fortunate to live in a community with relatively low crime and whose police department is 100% there to serve and protect. It’s one of the many things I value in my community.

My best to you,

Dianne

September 10, 2021September 10, 2021

Market Activity August 30-September 5, 2021

This is the time of year, as school starts, when the market typically starts to let off the gas a bit. I just don’t see that happening. Last week in LO we had 10 new listings, 32 properties (!) move into pending status, and 32 closed/sold. We are winding down the summer in an all steam ahead fashion.

See below for RMLS data.

New Listings Aug 30-Sept 5, 2021

Address	Type	Price	BR	Baths	Sq Ft
4 Touchstone #157	Condo	$224,900	2	2	984
200 Burnham Rd #402	Condo	$355,000	2	2	1305
750 1st St E27	Condo	$615,900	2	2	1350
6472 Dawn St	Detached	$695,000	3	2	1032
4848 Lower Dr	Detached	$822,000	4	3	2531
658 Boca Ratan Dr	Detached	$967,000	4	3.5	3593
17001 Westview Dr	Detached	$968,500	3	2	2005
16164 Parker Rd #1	Detached	$1,395,000	5	4	3257
548 4th St	Attached	$1,524,900	3	4.5	3186
1913 Cheryl Ct	Detached	$1,895,000	4	4.5	5341

Pending Sales Aug 30-Sept 5, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
100 Kerr Pkwy #31	Condo	$185,000	1	1	617	5
100 Kerr Pkwy #43	Condo	$214,900	2	2	823	41
96 Cervantes Circle	Condo	$230,000	2	1.5	912	7
36 Crestfield Ct	Condo	$279,900	2	1	921	3
4000 Carman Dr E70	Condo	$299,900	2	2	974	3
4652 Lower Dr	Condo	$350,000	2	1.5	1170	4
5101 Jean Rd	Condo	$475,000	3	1	1012	5
16691 Bonaire Ave	Detached	$499,900	3	1	1110	3
4528 Lower Dr	Condo	$525,000	3	2.5	1786	9
8 Bolivar St	Detached	$640,000	2	2	2149	2
16 Walking Woods Dr	Detached	$649,000	3	2.5	2897	11
14 Preakness Ct	Attached	$669,000	2	2.5	2190	6
3065 Royce Way	Detached	$750,000	4	2.5	2726	46
15509 Partridge Dr	Detached	$789,900	4	3	2299	3
4545 Black Forest Ct	Detached	$799,000	4	2.5	2168	2
759 Timberline Dr	Detached	$835,000	4	3	2928	70
19431 Kokanee Ct	Detached	$849,900	4	2.5	2214	4
17994 Saint Clair Dr	Detached	$900,000	5	2.5	3916	3
920 York Rd	Detached	$985,000	4	3	2026	2
2936 SW Orchard Hill Pl	Detached	$989,000	4	2.5	4089	61
4261 Cobb Way	Detached	$1,089,000	4	3	2362	1
13536 Streamside Dr	Detached	$1,150,000	4	3.5	3033	7
15776 Inverurie Rd	Detached	$1,299,000	3	2	2352	49
14495 Pfeifer Dr	Detached	$1,299,900	4	3	3944	21
1687 Village Park Ln	Detached	$1,399,000	4	3	3362	74
4721 Firwood Rd	Detached	$1,425,000	4	3	3236	0
4531 West Rd	Detached	$1,429,000	3	3.5	3926	54
16650 Fir Ln	Detached	$1,898,000	4	3.5	3860	8
940 Upper Devon Ln	Detached	$1,945,000	4	3.5	4848	59
929 Cumberland Rd	Detached	$2,495,000	5	6.5	5129	3
1199 Fairway Rd	Detached	$3,498,000	4	4.5+.5	5527	33
259 Pine Valley Rd	Detached	$4,000,000	4	4.5	4640	0

Sold/Closed Aug 30-Sept 5, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
4 Toushstone #69	Condo	$220,000	$220,000	1351	33
3433 McNary Pkwy #302	Condo	$285,000	$265,000	1,208	12
5058 Foothills Dr A	Condo	$420,000	$418,000	1252	8
1 Peacock Pl	Detached	$529,000	$500,000	1336	30
17500 Pilkington Rd	Detached	$460,000	$500,000	1050	8
17 Aquinas St	Detached	$599,900	$660,000	2139	6
13198 Peters Rd	Detached	$695,000	$677,750	2630	29
605 7th St	Detached	$775,000	$750,000	2035	3
4 Sherwood Ct	Detached	$825,000	$757,000	2870	16
16901 Lakeridge Dr	Detached	$724,000	$762,500	2080	3
1033 Spruce ST	Detached	$765,000	$775,000	1,663	4
18260 Indian Creek Dr	Detached	$759,000	$790,000	2082	11
17730 Marylbrook Dr	Detached	$850,000	$840,000	2951	14
17211 Robb Pl	Detached	$790,000	$840,000	2085	5
491 Country Club Rd	Detached	$865,000	$850,000	2486	97
14121 Redwood Ct	Detached	$696,900	$867,500	2827	24
4987 Bilford Ln	Detached	$799,900	$890,000	2302	5
19531 River Run Dr	Detached	$899,900	$975,000	2440	5
13060 SW Elk Rock Rd	Detached	$1,178,000	$1,100,000	3681	9
13207 Deerfield Ct	Detached	$1,175,000	$1,125,000	3801	35
17543 Lake Haven Dr	Detached	$1,185,000	$1,125,000	2333	9
12730 Adrian Ct	Detached	$1,295,000	$1,178,000	3014	24
5428 Royal Oaks Dr	Detached	$1,200,000	$1,200,000	4994	7
151 3rd St #1	Condo	$1,499,000	$1,475,000	3278	37
2805 Southshore Blvd	Detached	$1,300,000	$1,553,050	2623	3
3155 Upper Dr	Detached	$1,599,900	$1,720,000	3297	1
2165 Ridge Point Dr	Detached	$2,100,000	$1,828,000	4749	29
2572 Glen Eagles Pl	Detached	$2,595,000	$2,300,000	6532	107
18000 Eastridge Ln	Detached	$2,495,000	$2,495,000	5610	6
17575 S Crestline Dr	Detached	$3,500,000	$2,925,000	7496	48
3328 Lakeview Blvd	Detached	$6,398,000	$6,175,000	6675	18
4210 Virginia Way	Detached	$1,549,000	$1,365,000	3508	58

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.

September 4, 2021September 11, 2022

Market Activity ~ Aug 30-Sept 5, 2021

This last week in Lake Oswego we had 12 Properties enter the market, 27 go Pending (Accepted Offers) and 30 Closed/Sold. There are 80 wonderful homes for sale in Lake Oswego right now.

NEW Aug 30-Sept 5, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
4 TOUCHSTONE #157	$224,900	2	2	984	CONDO
200 BURNHAM RD #402	$355,000	2	2	1305	CONDO
750 1ST ST / Upper	$615,900	2	2	1350	CONDO
656 3RD ST	$675,000	3	2	1200	DETACHD
6472 SW DAWN ST	$695,000	3	2	1032	DETACHD
4848 LOWER DR	$822,000	4	3	2531	DETACHD
658 BOCA RATAN DR	$967,000	4	3.1	3593	DETACHD
17001 WESTVIEW DR	$968,500	3	2	2005	DETACHD
6413 MCDUFF CT	$1,035,000	3	2.1	3091	DETACHD
16164 PARKER RD #1	$1,395,000	5	4	3257	DETACHD
548 4TH ST	$1,524,900	3	4.1	3186	ATTACHD
1913 CHERYL CT	$1,895,000	4	4.1	5341	DETACHD

PENDING Aug 30-Sept 5, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
100 KERR PKWY, #31	$185,000	1	1	617	CONDO	5
100 KERR PKWY, #43	$214,900	2	2	823	CONDO	41
36 CRESTFIELD CT / Upper	$279,900	2	1	921	CONDO	48
4000 CARMAN DR E70	$299,900	2	2	974	CONDO	3
4652 LOWER DR / Upper	$350,000	2	1.1	1170	CONDO	4
5101 JEAN RD	$475,000	3	1	1012	DETACHD	5
16691 BONAIRE AVE	$499,900	3	1	1110	DETACHD	3
5711 MCEWAN RD	$565,000	3	2	1467	DETACHD	10
8 BOLIVAR ST	$640,000	2	2	2149	DETACHD	3
16 WALKING WOODS DR	$649,000	3	2.1	2897	DETACHD	11
14 PREAKNESS CT	$669,000	2	2.1	2190	ATTACHD	6
3065 ROYCE WAY	$750,000	4	2.1	2726	DETACHD	46
15509 PARTRIDGE DR	$789,900	4	3	2299	DETACHD	3
4545 BLACK FOREST CT	$799,000	4	2.1	2168	DETACHD	2
759 TIMBERLINE DR	$835,000	4	3	2928	DETACHD	70
19431 KOKANEE CT	$849,900	4	2.1	2214	DETACHD	4
17994 SAINT CLAIR DR	$900,000	5	2.1	3916	DETACHD	3
920 YORK RD	$985,000	4	3	2026	DETACHD	2
2936 SW ORCHARD HILL PL	$989,000	4	2.1	4089	DETACHD	61
4261 COBB WAY	$1,089,000	4	3	2362	DETACHD	1
13536 STREAMSIDE DR	$1,150,000	4	3.1	3033	DETACHD	7
15776 INVERURIE RD	$1,299,000	3	2	2352	DETACHD	74
14495 PFEIFER DR	$1,299,900	4	3	3944	DETACHD	21
4531 WEST RD	$1,429,000	3	3.1	3926	DETACHD	54
16650 FIR LN	$1,898,000	4	3.1	3860	DETACHD	8
929 CUMBERLAND RD	$2,495,000	5	6.1	5129	DETACHD	3
1199 FAIRWAY RD	$3,498,000	4	4.2	5527	DETACHD	33

SOLD Aug 30-Sept 5, 2021

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
4 TOUCHSTONE #69	$220,000	$220,000	3	2.1	1351	CONDO	33
5058 FOOTHILLS DR, A	$420,000	$418,000	3	2	1252	CONDO	8
1 PEACOCK PL	$529,000	$500,000	3	2.1	1336	DETACHD	30
17500 PILKINGTON RD	$460,000	$500,000	2	1	1050	DETACHD	8
13198 PETERS RD	$695,000	$677,750	3	2.1	2630	DETACHD	29
605 7TH ST	$775,000	$750,000	2	1	2035	DETACHD	3
4 SHERWOOD CT	$825,000	$757,000	4	2.1	2870	DETACHD	16
16901 LAKERIDGE DR	$729,000	$762,500	4	3	2080	DETACHD	3
1033 SPRUCE ST	$765,000	$775,000	3	2.1	1663	DETACHD	4
18260 Indian Creek DR	$759,000	$790,000	3	2	2082	DETACHD	11
17730 MARYLBROOK DR	$850,000	$840,000	3	2.1	2951	DETACHD	14
17211 ROBB PL	$790,000	$840,000	3	2	2085	DETACHD	5
491 COUNTRY CLUB RD	$865,000	$850,000	4	2	2486	DETACHD	97
14121 REDWOOD CT	$969,900	$867,500	4	3.1	2827	DETACHD	24
4987 BILFORD LN	$799,900	$890,000	3	2.1	2302	DETACHD	5
19531 RIVER RUN DR	$899,900	$975,000	4	2.1	2440	DETACHD	5
13060 SW ELK ROCK RD	$1,178,000	$1,100,000	4	3	3681	DETACHD	9
13207 DEERFIELD CT	$1,175,000	$1,125,000	4	3.1	3801	DETACHD	35
17543 LAKE HAVEN DR	$1,185,000	$1,125,000	4	2.1	2333	DETACHD	9
12730 ADRIAN CT	$1,295,000	$1,178,000	4	2.1	3014	DETACHD	24
5428 ROYAL OAKS DR	$1,200,000	$1,200,000	6	3.1	4994	DETACHD	7
4210 VIRGINIA WAY	$1,549,000	$1,365,000	4	4.1	3508	DETACHD	58
151 3RD ST #1	$1,499,000	$1,475,000	3	2.1	3278	CONDO	37
2805 SOUTHSHORE BLVD	$1,300,000	$1,553,050	2	2.1	2623	DETACHD	3
3155 UPPER DR	$1,599,900	$1,720,000	4	3	3297	DETACHD	1
2165 RIDGE POINTE DR	$2,100,000	$1,828,000	5	4	4749	DETACHD	29
2572 GLEN EAGLES PL	$2,595,000	$2,300,000	5	4.2	6532	DETACHD	107
18000 EASTRIDGE LN	$2,495,000	$2,495,000	4	4.1	5610	DETACHD	6
17575 S CRESTLINE DR	$3,500,000	$2,925,000	5	4.2	7496	DETACHD	48
3328 LAKEVIEW BLVD	$6,398,000	$6,175,000	4	5.1	6675	DETACHD	18

August 28, 2021August 28, 2021

EcoHome LO

The City of Lake Oswego is starting a brand new program to help residents learn to live a more sustainable life by reducing their carbon footprint, engaging as good citizens, and recycling. At www.lakeoswego.city/ecohomelo you can sign up to partcipate and learn details of the program.

The program is administered on line. You’ll find check lists that address:

Reduce Reuse and Recycle

Energy Conservation

Water Conservation

Transportation

Social Equity

Ecological Conservation

Civic Engagement

Emergency Preparedness

Construction & Renovation

Apartments and Rental Housing

& Encouraging Others to Participate

Upon accomplishng a preset number of goals, the house will be awarded a lawn sign that states that it is an EcoHome.

I suspect that we will start to see these signs popping up in our neighborhoods, and now you know what they are all about. I also think it’s a terrific program because of what it encourages, but also because it is so comprehensive.

As always, thanks for reading the blotter,

Dianne

August 26, 2021August 26, 2021

Market Activity August 16-22, 2021

It is certainly feeling like the dog days of summer. Numbers in Lake Oswego were down last week. Still healthy, but not quite as frantic as it was just a couple of weeks ago. We had 12 houses come onto the market, 26 move into pending status, and 16 closed/sold properties.

See below for RMLS details.

New on the market August 16-22, 2021

Address	Type	Price	BR	Baths	Sq Ft
44 Eagle Crest Dr #9	Condo	$255,000	2	1	908
53 Galen St	Condo	$264,900	2	2	989
4 Condolea Dr	Condo	$439,000	2	2	1312
4429 Thunder Vista Ln	Condo	$479,900	2	2.5	2002
16 Walking Woods Dr	Detached	$649,000	3	2.5	2897
5911 Carman Dr	Detached	$695,800	3	2	1400
23 Touchstone	Detached	$924,900	5	4	3169
1500 Morning Sky Ct	Detached	$1,178,000	5	3.5	4402
5349 Carman Grove Ln	Detached	$1,298,000	4	3	2903
572 4th St	Attached	$1,595,000	3	4.5	3364
3411 Lake Grove Ave	Detached	$1,675,000	4	3.5	4434
15508 Diamond Head Rd	Detached	$3,480,000	3	4	3900

Pending sales August 16-22, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
108 Oswego Summit	Condo	$199,900	1	1	764	5
3433 McNary Pkwy #211	Condo	$255,000	2	2	1008	2
3433 McNary Pkwy #302	Condo	$265,000	2	2.5	1208	12
12 Oswego Summit	Condo	$290,000	2	2	1140	41
3886 Botticelli St	Condo	$315,000	2	1.5	1132	20
422 S State St	Condo	$324,997	2	1	1659	47
162 Oswego Summit	Condo	$399,000	2	2	1506	48
1589 Boca Ratan Dr	Attached	$460,000	3	2	1611	19
448 5th St	Condo	$468,000	2	1.5	1092	4
1700 Bonniebrae Dr	Attached	$469,698	3	3	1739	6
38 Briarwood Rd	Detached	$599,900	6	2.5+.5	2554	6
16885 Fernwood Dr	Detached	$639,500	3	2	1624	53
19 Da Vinci St	Detached	$650,000	3	2	1874	6
26 Briarwood Rd	Detached	$665,000	4	3.5	2554	8
17621 Arbor Ln	Detached	$685,000	3	2	2120	4
680 Tippecanoe Ct	Detached	$719,900	4	2.5	1900	5
13366 Auburn Ct	Attached	$750,000	3	2.5	2492	11
6666 Childs Rd	Detached	$750,000	3	1	2408	8
1033 Spruce St	Detached	$765,000	3	2.5	1663	4
15580 Partridge Dr	Detached	$780,000	3	2.5	2245	0
15964 White Oaks Dr	Detached	$900,000	4	2.5	3015	16
511 Weidman Ct	Detached	$995,000	4	2.5	3652	5
5590 Luce Ln	Detached	$995,000	5	4	3530	15
13366 Boones Ferry Rd	Detached	$1,095,000	4	2.5	3589	5
2011 Ridgewood Ln	Detached	$1,100,000	5	3.5	3115	75
950 Schukarat Ln	Detached	$1,468,000	4	2.5	3434	4

Sold/closed August 16-22, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
4 Touchstone #74	Condo	$235,000	$215,000	1351	8
86 Kingsgate Rd G101	Condo	$265,000	$299,950	840	2
200 Burnham Rd #305	Condo	$340,000	$345,000	1305	1
4141 Cobb Way	Detached	$485,000	$450,000	1237	18
5071 Tualata Ln	Detached	$705,000	$640,000	1540	51
4932 Mulholland Dr	Attached	$698,000	$688,000	2498	54
4 Pimlico Terrace	Detached	$690,000	$720,000	2100	3
1620 Ash St	Detached	$720,000	$744,000	2225	4
5101 Rosewood St	Detached	$665,000	$768,000	1736	4
720 8th St	Detached	$899,000	$899,000	1498	30
1724 Fern Pl	Detached	$950,000	$925,000	2,160	21
18320 Delenka Ln	Detached	$1,115,000	$975,550	4519	67
1520 Eastview Ct	Detached	$963,000	$980,000	3789	4
19395 Hill Top Rd	Detached	$1,575,000	$1,650,000	4788	4
1334 Maple St	Detached	$1,575,000	$2,100,000	3660	6
1745 Southshore Blvd	Detached	$3,495,000	$2,600,000	5545	128

August 22, 2021September 11, 2022

News & Notes ~ July 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 July 2021: Things typically start to slow a bit in July. We saw a change in the usual pattern last year with activity pushing through the summer months. This year there is still lots of activity, but for two months in a row we see prices in some areas looking like they *may* be showing signs of jockeying into some kind of stabilization. We’ll check again next month.

Inventory rose another .1% in July, so people are perhaps starting to reach the end of their “waiting-to-sell” ropes. We usually see an uptick in the fall after vacations, so again, we’ll take a look at the trend next month to see if there really is a pattern developing. If there is… I can only say it’s a pretty subdued one. Houses are still hard to come by driving higher prices. Rates are around 3.125%.

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

There were 4,267 New Listings in July 2021 increasing 0.7% over July 2020’s 4,236 and decreasing 0.7% from the previous month/June’s 4,298.
At 3,439, July 2021’s Closed Sales are up 1.4% from July 2020’s 3,391, dropping 1.1% from the previous month/June’s total of 3,477
At 3,534, June 2021’s Pending Sales decreased 8.3% from July 2020’s 3,656, and also dropped 5.1% from the previous month/June’s total of 3,534.
The Average Sale Price in July 2021 of $593,100 is up $90,800 from last year/July2020’s $502,300, and down $4,000. from the previous month/June’s $597,100.
The “Median” Sale Price (the price smack dab in the middle of all sales) in July 2021 of $522,000 rose $77,000 from last year/July 2020’s $445,000, and also increased $1,000 from the previous month/June’s $521,000.

LAKE OSWEGO:

165 Active Listings (June 146)
214 New Listings (June 262)
177 Pending Sales (June202)
184 Closed Sales (June 229)
Average Sale Price for July: $1,020,600 (June $1,018,100)
- 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.
19 Average Days on the Market (June 21)

August 19, 2021September 11, 2022

Market Activity ~ Aug 9-15, 2021

This last week we saw 10 properties enter the market, 31 move to Pending status (accepted offers) and 26 that Closed/Sold. This is the first time in awhile that I’ve not eliminated any “refreshed” properties from the “New” category…no need for refreshing, I suppose. Right now there are 90- beautiful homes available in Lake Oswego.

NEW Aug 9-15, 2021

Address	List Price	Beds	Baths	SF	Prop Type
210 S STATE ST #9	$535,000	3	2.1	1642	CONDO
17830 SW TUALATA AVE	$595,000	3	2	1373	DETACHD
26 BRIARWOOD RD	$665,000	4	3.1	2554	DETACHD
6666 SW CHILDS RD	$750,000	3	1	2408	DETACHD
16510 MAPLE CIR	$899,000	4	2.1	2295	DETACHD
5923 BAY POINT DR	$925,000	5	3	3187	DETACHD
4224 HAVEN ST	$1,199,950	5	2	2600	DETACHD
14495 PFEIFER DR	$1,299,900	4	3	3944	DETACHD
15012 TWIN FIR RD	$2,395,000	5	3.1	3845	DETACHD
1051 SW FOREST MEADOWS WAY	$4,149,000	6	6.1	5597	DETACHD

PENDING Aug 9-15, 2021

Address	List Price	Beds	Baths	SF	Prop Type	CDOM
4 TOUCHSTONE #62	$204,950	3	2.1	1351	CONDO	46
47 EAGLE CREST DR #41	$230,000	2	1	932	CONDO	14
4 TOUCHSTONE #74	$235,000	3	2.1	1351	CONDO	8
12848 BOONES FERRY RD	$425,000	2	2.1	1182	CONDO	0
12826 Boones Ferry RD	$445,000	2	2.1	1182	CONDO	6
41 ORIOLE LN	$500,000	2	2	1564	DETACHD	10
17 AQUINAS ST	$599,900	3	2	2139	DETACHD	6
4241 COBB WAY	$599,950	3	2	1484	DETACHD	8
18431 INDIAN CREEK DR	$635,000	4	2	1736	DETACHD	17
457 LAUREL ST	$650,000	3	3	2264	DETACHD	14
5795 LANGFORD LN	$659,000	2	2	1687	DETACHD	0
1672 HIGHLAND DR	$699,900	4	2	1867	DETACHD	4
2697 LOOKOUT CT	$720,000	3	2	2219	DETACHD	29
12 MORNINGVIEW LN	$730,000	3	2.1	2718	ATTACHD	4
16904 CHERRY CREST AVE	$759,000	3	2	2167	DETACHD	2
5466 BAY CREEK DR	$789,000	3	3	2535	DETACHD	4
1580 WOODLAND TER	$835,000	3	2.1	2430	DETACHD	4
18360 TUALATA AVE	$845,000	5	2.1	2703	DETACHD	10
14121 REDWOOD CT	$885,000	4	3.1	2827	DETACHD	24
16750 PHANTOM BLUFF CT	$899,000	3	3	2267	DETACHD	2
41 TOUCHSTONE	$920,000	4	3	3090	DETACHD	21
18430 PILKINGTON RD	$1,095,000	4	3	3021	DETACHD	77
5316 CHILDS RD	$1,097,770	6	2.1	3847	DETACHD	318
12730 ADRIAN CT	$1,195,000	4	2.1	3014	DETACHD	24
14360 UPLANDS DR	$1,230,000	4	3.2	2577	DETACHD	16
17467 WESTVIEW DR	$1,275,000	4	3.1	4119	DETACHD	4
2950 GREENTREE RD	$1,495,000	4	3.1	3691	DETACHD	8
2442 PALISADES CREST DR	$1,598,000	4	2.1	3071	DETACHD	4
855 G AVE	$2,000,000	3	2.1	3710	DETACHD	17
1889 HIGHLANDS LOOP	$5,499,000	5	6.1	6832	DETACHD	20
3328 LAKEVIEW BLVD	$6,398,000	4	5.1	6675	DETACHD	18

SOLD AUG 9-15, 2021

Address	Opening	Closed	Beds	Baths	SF	Prop Type	CDOM
39 OSWEGO SMT	$269,000	$280,500	2	2	1212	CONDO	3
4041 JEFFERSON PKWY	$289,000	$300,000	1	1.1	1060	CONDO	4
1367 BONNIEBRAE DR	$399,000	$400,000	2	1.1	1008	ATTACHD	2
1509 BONNIEBRAE DR	$482,900	$507,000	3	2.1	1739	ATTACHD	6
23 FALSTAFF ST	$649,000	$600,000	3	2	1435	DETACHD	38
5051 TUALATA LN	$714,900	$640,000	4	2	1581	DETACHD	37
5880 ROCKWOOD CT	$656,500	$680,000	3	2	1772	DETACHD	2
18811 REAO CT	$639,900	$705,000	3	2.1	1916	DETACHD	7
18426 SANDPIPER WAY	$688,000	$705,000	4	3	1884	DETACHD	5
537 COUNTRY CLUB RD	$849,000	$760,000	3	2	1901	DETACHD	93
13041 THOMA RD	$770,000	$760,000	3	2.1	2418	DETACHD	4
1811 KILKENNY DR	$758,000	$780,000	4	3	3794	DETACHD	0
32 MORNINGVIEW CIR	$750,000	$799,000	3	2.1	2718	DETACHD	7
1672 LAKE FRONT RD	$650,000	$805,000	3	2	1768	DETACHD	5
2440 OVERLOOK DR	$879,900	$825,000	4	3	3850	DETACHD	15
5895 SUNCREEK DR	$749,000	$910,000	4	2	2379	DETACHD	5
17 WESTRIDGE DR	$875,000	$935,000	4	3.2	3533	DETACHD	11
3830 TEMPEST DR	$999,995	$937,000	3	2.1	3099	DETACHD	22
16933 GREENTREE AVE	$874,900	$975,000	4	2.1	2276	DETACHD	28
1931 PARK FOREST CT	$1,025,000	$1,085,000	6	4.1	4107	DETACHD	6
17649 WOODHURST PL	$1,198,000	$1,120,000	5	4.1	5669	DETACHD	103
4440 UPPER DR	$1,899,000	$1,850,000	4	3.1	3583	DETACHD	42
18783 STAFFORD RD	$2,295,000	$1,875,000	5	4.2	5757	DETACHD	147
1978 EGAN WAY	$2,198,000	$2,095,150	4	5.2	6761	DETACHD	64
18098 PILKINGTON RD	$2,199,000	$2,277,000	4	5.1	6680	DETACHD	6
3183 DOUGLAS CIR	$3,450,000	$3,450,000	4	4.1	5595	DETACHD	0

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.

August 15, 2021August 15, 2021

Trends from the 2021 Street of Dreams

As you saw from last week’s post that Linda wrote, she and I attended the Street of Dreams. Running until August 22nd, it is currently happening in Happy Valley on the East side of the metro area.

When I go through the street of dreams, I like to look for trends. What we see at the Street of Dreams, we also start to see in new construction and in remodeling.

This year’s event was entirely different because they have two locations. On location has million dollar homes and high-end finishes. The other location has homes that are $500,000 to the low $600’s. The trends I am going to talk about here are from the more expensive houses.

Beamed ceilings

I’ve always liked the look of beamed ceilings. They just make a house feel more substantial. I did find my self questioning how structural they actually are. Or if they are simply decorative. In any case, I like this trend.

Outdoor living areas

The outdoor living areas in the 3 expensive houses are just gorgeous. I feel like every home, even condos and apartments, should have nice outdoor spaces to relax and socialize. All of the areas on these homes had fireplaces, plenty of room for seating, and usually kitchen equipment like BBQs, sinks, and refrigerators. They are lovely.

Lots of gray and white

The gray is a deep, dark, gun-metal shade. It was painted over entire rooms, used for kitchen cabinets, and for built-ins. It’s a classic shade. It goes well with pops of color of pretty much any shade that you like, but it is mostly paired with white. I feel like this is a color that you could live with and enjoy for many, many years. While being a trend, it’s a timeless one.

Chunky light fixtures

The last Street of Dreams I attended, in 2019, the light fixtures were also a stand out. At that event they seemed very stream-lined and modern looking. At this year’s event, they’re just the opposite. I’m not so sure I like this trend. Frankly, the fixture posted here looks like a fire hazard.

The housing village

I actually think that this was my favorite part of the show. Made with at least 2, and possibly 3, shipping containers, it just looks like a brilliant solution for our housing shortage. The main container has a very nice bathroom, kitchen, dining area, and small living room. This structure also had 2 bedrooms. Then a second structure, that is clearly a full shipping container, had 3 bedrooms, each with it’s own entrance. Having your own bedroom/living space allows some autonomy. I don’t know the cost of contruction, but I imagine it’s substantially less than traditional construction. Brilliant.

Pleasant Valley Village

The 3 houses featured at the second location are much more affordable. Priced in the 500 and 600 thousand range, these houses will sell quickly. I really like the idea of having the two price ranges. It is the Street of Dreams, and for nearly everyone, the dream is of owning a home. While the expensive homes are fun to look at, they are way outside of most people’s budgets. So having some affordable homes is a great idea. Having said that, I do wish there had been more than one builder represented. The 3 houses that are on the tour are all built by Holt Homes. They are essentially the model homes for a new subdivision. It felt a bit like just one huge advertisement for this builder.

I hope you have the ability to check out this year’s street of dreams. For more information, click here.

As always, thank you for reading The Blotter.

Dianne