affordable housing Archives - Page 6 of 114

April 3, 2021September 11, 2022

Market Activity ~ March 22-28, 2021

Last week, Lake Oswego had 8 properties enter the market, 22 move to Pending status, and 18 Close. Currently there are 74 lovely homes available on the market!

The following is the activity according to RMLS:

NEW March 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
5316 LOWER DR	$699,000	3	2.1	2016	DETACHD
282 ASH ST	$780,000	4	2.1	2791	DETACHD
4750 UPPER DR	$1,149,000	5	3.1	3091	DETACHD
885 10TH ST	$1,150,000	4	2.1	2633	DETACHD
18958 BRYANT RD	$1,199,900	4	2.1	3178	DETACHD
2065 RIDGE POINTE DR	$1,495,000	5	4	4790	DETACHD
16847 GREENBRIER RD	$2,700,000	3	2.1	2360	DETACHD
1745 SOUTHSHORE BLVD	$3,495,000	4	4.1	5545	DETACHD

PENDING March 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR, #51	$180,000	1	1	670	CONDO	13
22 OSWEGO SMT / Grnd	$189,900	1	1	764	CONDO	2
125 OSWEGO SMT / Lower	$198,000	1	1	764	CONDO	3
6310 BURMA RD	$499,000	3	1.1	1052	DETACHD	7
4185 CHILDS RD	$535,000	3	1.1	1175	DETACHD	5
4555 WILDWOOD ST	$650,000	3	2	1565	DETACHD	6
4917 MULHOLLAND DR	$678,000	2	2.1	2403	ATTACHD	10
33 TOUCHSTONE	$699,900	5	4	3854	DETACHD	5
28 MORNINGVIEW CIR	$730,000	3	3.1	2895	DETACHD	15
692 2ND ST	$759,900	3	1	2140	DETACHD	17
2941 SW ORCHARD HILL PL	$784,900	5	3.1	3446	DETACHD	4
545 RIDGEWAY RD	$818,000	3	2.1	2110	DETACHD	3
2552 PALISADES CREST DR	$975,000	4	2.1	3176	DETACHD	12
19230 BRYANT RD	$1,060,000	8	4.5	3441	DETACHD	289
144 LEONARD ST	$1,279,000	4	3.1	3552	DETACHD	6
15003 TWIN FIR RD	$1,295,000	4	3.1	2941	DETACHD	7
19305 HILL TOP RD	$1,375,000	4	3.1	5116	DETACHD	208
17990 RIDGE LAKE DR	$1,445,000	5	3.1	3897	DETACHD	21
1799 ATHERTON DR	$1,629,000	5	5.1	6280	DETACHD	10
13217 AMBER PL, #1	$1,849,000	4	3.1	3861	DETACHD	402
16777 PHANTOM BLUFF CT	$1,995,000	4	2.2	5045	DETACHD	14
1300 FOREST MEADOWS WAY	$4,098,000	5	4.2	5974	DETACHD	46

SOLD March 22-28, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
5057 FOOTHILLS DR / Upper	$335,000	$345,000	2	2	1252	CONDO	3
72 GREENRIDGE CT	$425,000	$425,000	3	3	1824	ATTACHD	3
1790 CONIFER DR	$539,000	$520,000	2	1	1003	DETACHD	13
5091 TUALATA LN	$625,000	$702,500	3	2	1500	DETACHD	6
5172 GREENSBOROUGH CT	$739,000	$724,000	4	2.1	2184	DETACHD	102
2 MOZARTEUM CT	$744,900	$780,000	4	2.1	2192	DETACHD	5
18018 GIMLEY CT	$820,000	$859,000	4	3	3637	DETACHD	2
13983 WESTCOTT CT	$898,900	$925,000	4	2.1	2792	DETACHD	4
2574 PALISADES CREST DR	$975,000	$935,000	5	2.2	4563	DETACHD	22
13204 DEERFIELD CT	$1,050,000	$1,030,000	4	2.1	3406	DETACHD	4
3815 SOUTHSHORE BLVD	$875,000	$1,067,000	4	2	2638	DETACHD	4
116 MIDDLECREST RD	$1,390,000	$1,225,000	4	3	2545	DETACHD	38
17680 Stafford RD	$1,299,000	$1,317,000	5	2.1	3804	DETACHD	185
639 CARRERA LN	$1,350,000	$1,320,000	4	3.1	4447	DETACHD	16
4288 LAKEVIEW BLVD	$1,250,000	$1,487,000	3	2	2016	DETACHD	5
892 8TH ST	$1,450,000	$1,515,000	4	3.1	2872	DETACHD	7
17313 BLUE HERON RD	$1,998,500	$1,892,500	4	3.1	3454	DETACHD	431
2950 Lakeview BLVD	$3,100,000	$2,450,000	4	3.1	4299	DETACHD	190

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.

March 19, 2021April 18, 2021

News & Notes ~ Feb 2021 Numbers

Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.

Overview/Fluctuations ~ Market Data February 2021: Inventory is holding steady with one month of supply available. Competition is heavy, though we finally see more properties hitting the market now in March, which should alleviate that a little. Competition pushes prices up as you can see in the Neighborhood Report below comparing January & February prices. Rolling 12-month Appreciation rates in all areas are up.

Mortgage rates will be rising inspired by the economy’s steady recovery. Today’s rates are hovering around 3% or a little higher based on a number of factors, but most can “buy the rate down” a bit & get it lowered. My trusted Mortgage Advisors can give you more info.

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

There were 2,474 New Listings in Feb 2021 decreased 10.3% from Feb of 2020’s 2,759 and also dropped 4.1% from the previous month/January’s 2,579.
At 1,978, Feb 2021’s Closed Sales are up 4.3% from Feb 2020’s 1,897, and also up 7.1% from the previous month/January’s total of 1,847
At 2,208, Feb 2021’s Pending Sales are down 15% from Feb 2020’s 2,598, and also down 11.5% from the previous month/January’s total of 2,496.
The Average Sale Price in Feb 2021 of $542,000 is up $84,100 from last year/Feb 2020’s $457,900, and up $27,300. from the previous month/January’s $514,700.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Feb 2021 of $470,100 rose $63,100 from last year/Feb 2020’s $407,000, and also increased 10,100 from the previous month/January’s $460,000.

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of February 2021 reported:

82 Active Listings (Jan 84)
97 New Listings (Jan 112)
92 Pending Sales (Jan 121)
92 Closed Sales (Jan 97)
Average Sale Price for Feb: $876,900 (Jan $812,700)
- 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.
77 Average Days on the Market (Jan 46)

March 6, 2021May 1, 2021

This Week In Lake Oswego

Lake Oswego is always chock full of all kinds of activities for its residents. Its really a marvel how, for so many years, such discerning attention is placed on producing a truly diverse array of programs for young, old and all interests. They are mostly virtual now for health & safety reasons, but some safe outdoor & distanced options are also peppered in there. Soon we’ll see the outdoor concerts return!

Here are my picks for what[s happening this week:

Mon, March 8, 2021- 7:15-7:45PM – How to Train Your Cat ~ Believe it or not cats can be trained! (they say… ; ) Every Monday/12 and up. Online – More Info & Registration: CLICK HERE

Tues, March 9 2021– 1:15-2:15PM – Gentle Yoga ~ Join this virtual class that repeats every Tuesday – More Info & Registration: CLICK HERE

Wed, March 10, 2021– 8:00AM – 10:00PM – Author/Fan Face-Off! ~ Each week, in this video series, a student will go head to head on 10 trivia questions from one of a featured author’s favorite books. This week the guest author is Varian Johnson and the featured book is The Great Green Heist Online – For More Info: CLICK HERE

Thurs, March 11, 2021– 6:00-7:30PM – Whole House Organizing~ Each week on Thursdays, Kaye Silver teaches participants to organize one category of household item, such as clothes. The following week participants share their results and learn about the next category, such as memorabilia. Online – More Info & Registration: CLICK HERE

Fri, March 12, 2021– 8:15AM-10:15PM – Essay Contest Deadline: Refugee & Immigrant Experience ~ 2021‌ ‌MINORU‌ ‌YASUI‌ ‌STUDENT‌ ‌CONTEST‌ ‌ “If‌ ‌there‌ ‌is‌ ‌suffering‌ ‌or‌ ‌pain‌ ‌that‌ ‌is‌ ‌unfairly‌ ‌imposed‌ ‌upon‌ ‌anyone,‌ ‌it’s‌ ‌my‌ ‌duty,‌ ‌it’s‌ ‌your‌ ‌duty‌ ‌to‌ ‌try‌ ‌to‌ ‌alleviate‌ ‌it,‌ ‌because‌ ‌that’s‌ ‌the‌ ‌way‌ ‌in‌ ‌which‌ ‌we‌ ‌gain‌ ‌a‌ ‌better‌ ‌life‌ ‌for‌ ‌all‌ ‌of‌ ‌us.” —‌ ‌Minoru‌ ‌Yasui‌ . The‌ ‌Minoru‌ ‌Yasui‌ ‌Student‌ ‌Contest‌ ‌is‌ ‌proud‌ ‌to‌ ‌announce‌ ‌its‌ ‌2021‌ ‌essay‌ ‌competition‌ ‌on‌ ‌Refugee‌ ‌and‌ ‌Immigrant‌ ‌‌E‌xperiences.‌ ‌We‌ ‌celebrate‌ ‌the‌ ‌ideas‌ ‌and‌ ‌opinions‌ ‌of‌ ‌students‌ ‌in‌ ‌grades‌ ‌6‌ through‌ ‌12‌ ‌and‌ ‌challenge‌ ‌them‌ ‌to‌ ‌write‌ ‌an‌ ‌original‌ ‌and‌ ‌thoughtful‌ ‌essay‌ ‌exploring‌ ‌refugee‌ ‌or immigrant‌ ‌experiences.‌ Online – More Info & Registration: CLICK HERE

Sat, March 13, 2021– 9:00AM-9:30AM – Saturday Sing-A-Long ~ Ages 3-5 sing their favorite Disney, folk & popular songs every Saturday! Online – More Info & Registration: CLICK HERE

Sun, March 14, 2021– 10:00AM-12:00PM – Stewardship Work Party at Woodmont Park ~ Plant native species in this new park with Friends of Woodmont Park! More Info & Registration: CLICK HERE

March 6, 2021September 11, 2022

Market Activity ~ Feb 22-28, 2021

Last week we saw only 5 properties enter the market, 13 moved to Pending status and 20 Sold/Closed. There are 66 fabulous properties available right now in Lake Oswego! The market is very tight. This is the time of year we start to see properties hit the market so time will tell if we’ve got a wave of properties coming up, but for now, rates are low & inching higher… its a good time to call a skilled Realtor to help you secure a home. Dianne and I are always a phone, text or email away.

Here is the latest overview of activity in Lake Oswego according to RMLS:

NEW Feb 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
41 GREENRIDGE CT	$415,000	3	2.1	1652	ATTACHD
668 MCVEY AVE #33	$499,000	2	1	852	CONDO
17994 SAINT CLAIR DR	$989,000	4	2.1	3689	DETACHD
5740 SW CHILDS RD	$1,550,000	5	3	5519	DETACHD
15780 TWIN FIR RD	$2,975,000	4	4.1	4270	DETACHD

Pending Feb 22-28, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
4 TOUCHSTONE #63	$195,000	2	2	984	CONDO	1
1225 LEE ST	$520,000	3	1.1	1056	DETACHD	80
4832 REDWING WAY	$599,900	3	2	1472	DETACHD	3
17614 SCHALIT WAY	$650,000	3	2	1561	DETACHD	3
5172 GREENSBOROUGH CT	$719,000	4	2.1	2184	DETACHD	102
18 HOTSPUR ST	$750,000	4	2	2025	DETACHD	5
13983 WESTCOTT CT	$898,900	4	2.1	2792	DETACHD	4
2240 RIDGEWOOD RD	$939,000	4	3.1	2777	DETACHD	2
17311 CANYON DR	$1,079,000	6	3	5376	DETACHD	35
116 MIDDLECREST RD	$1,290,000	4	3	2545	DETACHD	38
419 7TH ST	$1,350,000	4	2.1	2813	DETACHD	11
667 LAKE BAY CT	$1,899,900	4	3.1	3616	DETACHD	36
1890 TWIN POINTS RD	$2,650,000	4	3.1	4274	DETACHD	535

Sold Feb 22-28, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
45 EAGLE CREST DR #210	$199,000	$198,000	1	1	780	CONDO	23
3812 BOTTICELLI ST	$319,995	$310,000	3	2	1194	CONDO	41
241 CERVANTES Upper	$400,000	$405,000	2	2	1382	CONDO	3
17095 WESTVIEW DR	$649,000	$575,000	4	3	3356	DETACHD	90
1238 LAUREL ST	$524,900	$600,000	3	2	1485	DETACHD	2
6210 CHILDS RD	$699,000	$710,000	3	2	1433	DETACHD	2
1202 SPRUCE ST	$735,000	$735,000	2	2.1	1706	DETACHD	84
6126 SW Frost LN	$759,000	$745,000	5	3	2497	DETACHD	41
5185 WOODCREST LN	$835,000	$825,000	3	2.1	2554	DETACHD	33
4850 LOWER DR	$825,000	$825,000	4	3	2700	DETACHD	11
5173 WOODCREST LN	$850,000	$905,000	5	3	3220	DETACHD	2
5513 RACHEL LN	$1,049,000	$1,030,000	4	2.1	3335	DETACHD	29
17196 KELOK RD	$1,199,000	$1,050,000	5	3.1	4384	DETACHD	169
3600 PIPER CT	$1,050,000	$1,110,000	5	3.1	4549	DETACHD	4
1156 CHERRY LN	$1,345,000	$1,175,000	5	3.1	4084	DETACHD	79
2120 GLENMORRIE DR	$1,298,000	$1,298,000	4	3.1	4293	DETACHD	125
701 4TH ST	$1,499,000	$1,450,000	3	2.1	2913	DETACHD	43
17495 KELOK RD	$1,600,000	$1,475,000	3	2.1	3282	DETACHD	101
1188 CHERRY CIR	$2,198,000	$2,050,000	5	6.1	8772	DETACHD	550
16649 MAPLE CIR	$3,095,000	$2,730,875	4	3	2714	DETACHD	154

February 18, 2021February 22, 2021

News & Notes ~ Jan 2021 Numbers

Overview/Fluctuations ~ Portland Area Market Data Jan 2021:

The big story in January is that our Inventory increased from .8 to 1.0 months of supply. If you think that’s not much, you’re right! We continue to be at record lows in available homes. Last year in January we had 2.2 months of Inventory, which was low. The previous year (Jan 2019) we had 3.3 months of Inventory. So, the field is still competitive out there which means it is a terrific time to sell a home and if you’re buying, rates are still low hovering around 3.125, so better not to wait!

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

There were 2,579 New Listings in Jan 2021 decreased 6.4% from Jan of 2020’s 2,754, and increased 48.2% from the previous month/Dec’s 1,740.
At 1,847, Jan 2021’s Closed Sales are up 11.1% from Jan 2020’s 1,663, and down 33.8% from the previous month/Dec 2020’s total of 2,789
At 2,496, Jan 2021’s Pending Sales are up 9.9% from Jan 2020’s 2,271, and also up 24.6% from the previous month/Dec 2020’s total of 2,003.
The Average Sale Price in Jan 2021 of $514,700 is up $51,700 from last year/Jan 2020’s $463,000, and up $700. from the previous month/Dec 2020’s $514,000.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Jan 2021 of $460,000 rose from last year/Jan 2020’s $406,000 by $54,000, and decreased 5,000 from the previous month/Dec 2020’s $455,000

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of January 2021 reported:

84 Active Listings (Dec 114)
112 New Listings (Dec 73)
121 Pending Sales (Dec 110)
92 Closed Sales (Dec 137)
Average Sale Price for Jan: $812,700 (Dec $845,700)
- 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.
46 Average Days on the Market (Dec 60)

February 17, 2021September 11, 2022

Market Activity ~ Feb 8-14, 2021

This last week we saw 6 properties come onto the market, 15 move to Pending status, and 7 Closed/Sold. There are currently a whopping 47 homes on the market in Lake Oswego.

NEW Feb 8-14, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
3930 LAKE GROVE AVE, #1B	$215,000	2	1	956	CONDO
5091 TUALATA LN	$625,000	3	2	1500	DETACHD
4846 LOWER DR	$812,900	5	3	2655	DETACHD
1255 Bickner ST	$1,235,000	4	2.1	2764	DETACHD
419 7TH ST	$1,350,000	4	2.1	2813	DETACHD
769 4TH ST	$1,965,000	5	3.1	3922	DETACHD

PENDING Feb 8-14, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
4000 CARMAN DR #47	$259,900	2	2	993	CONDO	4
3433 MCNARY PKWY #501	$269,900	2	2.1	1136	CONDO	3
1538 PINE ST	$515,000	3	2	1575	DETACHD	3
578 2ND ST	$539,900	2	2.1	1361	PLNCOMM	6
6210 CHILDS RD	$699,000	3	2	1433	DETACHD	2
5172 GREENSBOROUGH CT	$719,000	4	2.1	2184	DETACHD	86
4580 TRILLIUM WOODS	$739,900	3	2.1	1992	ATTACHD	10
876 SUNNY HILL DR	$850,000	4	2.1	2164	DETACHD	4
2318 HILLSIDE LN	$899,995	5	3.1	3258	DETACHD	8
2574 PALISADES CREST DR	$975,000	5	2.2	4563	DETACHD	22
13204 DEERFIELD CT	$1,050,000	4	2.1	3406	DETACHD	4
5686 LA MESA CT	$1,225,000	4	3.1	3840	DETACHD	1
16364 IVY LN	$1,445,950	5	3.1	4862	DETACHD	282
892 8TH ST	$1,450,000	4	3.1	2872	DETACHD	7
743 6TH ST	$1,915,000	5	3.1	3922	DETACHD	254

SOLD Feb 8-14, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
47 EAGLE CREST DR #50	$210,000	$208,650	2	1	932	CONDO	37
16 AQUINAS ST	$525,000	$555,000	3	2.1	1720	DETACHD	1
3595 UPPER DR	$629,000	$645,000	3	2	1420	DETACHD	4
4515 OAKRIDGE RD	$685,000	$685,000	3	2.1	1981	ATTACHD	54
1111 C AVE	$1,549,000	$1,500,000	4	3.1	3354	DETACHD	141
1547 GLENMORRIE DR	$1,995,000	$1,910,000	4	3.1	4042	DETACHD	129
4357 SOUTHSHORE BLVD	$2,995,000	$2,600,000	5	5.1	5220	DETACHD	152

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.

February 3, 2021February 8, 2021

Market Activity ~ Jan 25-31, 2021

We logged 4 New Listings, 21 (not bad for a rainy week) moving to Pending status, and 6 Properties Sold/Closed last week. Here’s the breakdown according to RMLS data:

NEW Jan 25-31, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
4580 TRILLIUM WOODS	$739,900	3	2.1	1992	ATTACHD
1920 Park Forest AVE	$1,125,000	3	3	2679	DETACHD
1483 WOODLAND TER	$1,199,999	5	4	3135	DETACHD
1870 TWIN POINTS RD	$2,895,000	4	4.1	4649	DETACHD

PENDING Jan 25-31, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
16250 PACIFIC HWY #50	$284,000	2	2	1305	CONDO	2
16250 PACIFIC HWY #73	$319,000	2	2	1305	CONDO	87
16250 PACIFIC HWY #59	$319,000	2	2	1305	CONDO	9
750 1ST ST, E34	$335,000	2	2	1350	CONDO	3
18667 SW BENFIELD AVE	$485,000	4	2	1414	DETACHD	5
1790 CONIFER DR	$524,900	2	1	1003	DETACHD	13
28 AQUINAS ST	$529,000	3	2	1960	DETACHD	6
17095 WESTVIEW DR	$649,000	4	3	3356	DETACHD	90
4361 SOUTHSHORE BLVD	$819,000	4	3	2441	DETACHD	75
1780 YARMOUTH CIR	$845,000	3	2.1	2307	DETACHD	0
17596 GREEN BLUFF DR	$959,900	4	2.1	3039	DETACHD	75
5900 SUNCREEK DR	$999,000	5	2.1	3942	DETACHD	4
3600 PIPER CT	$1,050,000	5	3.1	4549	DETACHD	4
19125 35TH PL	$1,114,900	4	4.1	5153	DETACHD	257
2120 GLENMORRIE DR	$1,298,000	5	3.1	4293	DETACHD	115
639 CARRERA LN	$1,350,000	4	3.1	4447	DETACHD	16
312 9TH ST	$1,350,000	3	2.1	2686	DETACHD	103
3175 DOUGLAS CIR	$1,425,000	4	3.2	5400	DETACHD	3
13701 KNAUS RD	$1,849,000	5	4.1	5730	DETACHD	2
14080 GOODALL RD	$2,095,000	6	4.2	6005	DETACHD	23
1340 CHERRY LN	$2,145,000	4	4.2	5922	DETACHD	9

SOLD Jan 25-31, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
5859 KENNYCROFT WAY	$499,900	$511,000	3	1.1	1205	DETACHD	4
1599 OAK ST	$664,900	$655,000	4	2.1	2468	DETACHD	31
4584 TRILLIUM WOODS	$739,900	$715,000	3	2.1	2179	ATTACHD	44
18064 JENIFERS WAY	$930,000	$895,000	5	3	2965	DETACHD	44
6429 Mission CT	$1,165,000	$1,184,000	4	3.1	3182	DETACHD	277
16337 CHAPIN WAY	$2,599,000	$2,270,000	5	4.1	5115	DETACHD	71

January 24, 2021September 11, 2022

News & Notes ~ Dec 2020 Year-End Report

Here is your look at the most recent data for the entire Portland area (Dec2020 + Year-End) and how Lake Oswego fits in to this picture just below.

Overview/Fluctuations ~ Market Data Dec 2020:

Inventory is now at a stunning 0.8 months of supply in the Portland area. So… still lower than its ever been and getting lower, apparently, with Buyers out en force competing over existing Properties for sale. Rates right now are hovering at or a little under 3.0%.

The twelve months of 2019 compared to 2020:

New Listings, (38,442) decreased 5.2%. Pending Sales (32,849) increased 7.9%, and Closed Sales (32,031) increased 7.8%.

By Comparison, Twelve months of 2018 as compared to 2019 from last year’s December report read: New Listings (40,579) decreased 1.7%, Pending Sales (30,430) increased 2.1% and Closed Sales (29,700) decreased 0.2%.

According to the RMLS Market Action Report for the Portland Metro Area, Dec. 2020:

There were 1,740 New Listings in Dec 2020 increased 37% from Dec of 2019’s 1,270, and decreased a whopping 22.3% from the previous month/Nov’s 2,238.
At 2,789, Dec 2020’s Closed Sales are up 26% from Dec 2019’s 2,213, and also up 1.6% from the previous month/Nov 2020’s total of 2,745
At 2,003, Dec 2020’s Pending Sales are up 13% from Dec 2019’s 1,772, and dropped 21.7% from the previous month/Nov 2020’s total of 2,557.
The Average Sale Price in Dec 2020 of $514,000 is up $56,300 from last year/Dec2019’s $457,700, and down $7,200 from the previous month/Nov 2020’s $521,200. YTD increase is 7.6%.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Dec 2020 of $455,000 rose from last year/Dec2019’s $405,000 by $50,000, and decreased 2,000 from the previous month/Nov 2020’s $457,000. YTD increase is 7.3%.

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn for the month of December 2020 reported:

114 Active Listings (Nov 177) (Dec 2019: 223)
73 New Listings (Nov 104) (Dec 2019: 50)
110 Pending Sales (Nov 106) (Dec 2019: 70)
137 Closed Sales (Nov 166) (Dec 2019: 107)
Average Sale Price for Dec: $845,700 (Nov $822,000) (Dec 2019: $732,400)
- 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.
60 Average Days on the Market (Nov 50)

January 21, 2021September 11, 2022

Market Activity ~ Jan 11-17, 2021

Last week Lake Oswego saw 6 properties enter the market, 19 proceed to Pending status, and 20 Closed/Sold. Right now there are a whopping 64 beautiful properties available in Lake Oswego.

NEW Jan 11-17, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
1790 CONIFER DR	$539,000	2	1	1003	DETACHD
116 MIDDLECREST RD	$1,390,000	4	3	2545	DETACHD
3555 LAKE GROVE AVE	$1,535,000	4	2.1	3433	DETACHD
2230 WEMBLEY PARK RD	$1,785,000	5	4.1	4607	DETACHD
1688 LESLIE LN	$1,898,000	4	4.1	5540	DETACHD
13585 GOODALL RD	$1,900,000	4	3.1	4282	DETACHD

PENDING Jan 11-17, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
45 EAGLE CREST DR #210	$199,000	1	1	780	CONDO	23
47 EAGLE CREST DR #50	$210,000	2	1	932	CONDO	37
4000 CARMAN DR, C49	$315,000	2	1.1	1004	CONDO	5
241 CERVANTES / Upper	$400,000	2	2	1382	CONDO	3
16 AQUINAS ST	$525,000	3	2.1	1720	DETACHD	1
13777 REGENCY CT	$585,000	2	2	2015	DETACHD	24
18975 OLSON AVE	$600,000	6	3	3569	DETACHD	5
1427 GREENTREE CIR	$605,000	3	2	2239	DETACHD	5
4515 OAKRIDGE RD	$685,000	3	2.1	1981	ATTACHD	54
1202 SPRUCE ST	$735,000	2	2.1	1706	DETACHD	84
6 YORICK ST	$799,950	5	3	3116	DETACHD	83
5322 CARMAN GROVE LN	$849,900	3	2.1	2615	DETACHD	65
17160 WALL ST	$850,000	4	3	3246	DETACHD	2
730 8TH ST	$865,000	4	3	2395	DETACHD	4
5775 DOGWOOD DR	$1,679,000	4	3.1	4003	DETACHD	3
13594 GOODALL RD	$1,700,000	4	4.1	3732	DETACHD	320
17313 BLUE HERON RD	$1,968,000	4	3.1	3454	DETACHD	431
1188 CHERRY CIR	$2,198,000	5	6.1	8772	DETACHD	550
13600 GOODALL RD	$2,460,000	6	6.1	6612	DETACHD	206

SOLD Jan 11-17, 2021

Address	Opening Price	Close Price	# Beds	# Baths	Total SF	Prop Type	CDOM
30 OSWEGO SMT, Bldg 4	$198,500	$197,000	1	1	700	CONDO	78
4 TOUCHSTONE #85	$219,000	$197,450	3	2.1	1351	CONDO	47
4000 CARMAN DR #79	$270,000	$257,000	2	2	993	CONDO	53
2061 BONNIEBRAE DR	$405,000	$390,000	3	2.1	1687	ATTACHD	27
16342 KIMBALL ST	$525,000	$498,000	3	1.1	1250	DETACHD	70
1101 HEMLOCK ST	$589,875	$579,900	3	2.1	2213	DETACHD	137
15677 FIELDSTONE DR	$798,950	$650,000	3	2.1	2527	DETACHD	156
18150 BRYANT RD	$590,000	$650,000	3	2	1468	DETACHD	8
314 2ND ST	$740,000	$725,000	3	3.1	1815	CONDO	38
1604 COUNTRY CLUB RD	$800,000	$760,000	4	3.1	3878	DETACHD	34
17970 MEADOWLARK LN	$899,000	$926,250	4	3	3640	DETACHD	1
2349 OAKHURST LN	$935,000	$950,000	4	2.1	3548	DETACHD	8
14144 GOODALL RD	$950,000	$972,000	5	3	3701	DETACHD	157
14521 UPLANDS DR	$1,150,000	$1,150,000	4	3	3520	DETACHD	0
5087 LAKEVIEW BLVD	$1,200,000	$1,200,000	4	3.1	2957	DETACHD	0
488 7TH ST	$1,395,000	$1,395,000	3	2.1	2801	DETACHD	0
17677 WESTVIEW DR	$1,699,000	$1,640,000	5	4.1	5531	DETACHD	115
2510 WEMBLEY PARK RD	$1,895,000	$1,820,000	4	3.1	4868	DETACHD	65
1287 CHERRY LN	$2,595,000	$2,630,000	5	4.1	5312	DETACHD	110
13201 KNAUS RD	$3,500,000	$3,000,000	4	3	3300	DETACHD	0

January 7, 2021September 11, 2022

Market Activity ~ Dec 14, 2020-Jan3, 2021

Welcome to 2021!

Dianne and I hope this finds you well and happy, and that you and yours have been able to enjoy some cozy holiday time.

Now we’re moving into 2021. Our report this week is covering the 3-week period during the holidays. Only 3 properties braved entering the market during that time, and/but 32 properties moved into Pending status, and a whopping 48 Sold/Closed.

Here’s the breakdown for you:

NEW Dec 14, 2020-Jan 3, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
45 EAGLE CREST DR #210	$199,000	1	1	780	CONDO
72 NANSEN SMT	$1,369,000	4	2.1	4485	DETACHD
14080 GOODALL RD	$2,395,000	5	4.2	6005	DETACHD

PENDING Dec 14, 2020-Jan 3, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
45 EAGLE CREST DR #212	$179,000	1	1	780	CONDO	90
7200 SW MONTAUK CIR / Grnd	$219,900	2	1	968	CONDO	3
4606 LOWER DR / Upper	$260,000	2	1.1	1170	CONDO	32
4000 CARMAN DR #79	$270,000	2	2	993	CONDO	53
3812 BOTTICELLI ST	$319,995	3	2	1194	CONDO	41
4047 JEFFERSON PKWY	$330,000	3	2.1	1228	CONDO	1
2061 BONNIEBRAE DR	$397,500	3	2.1	1687	ATTACHD	27
5 SUMMIT RIDGE CT	$415,000	2	2.1	1576	ATTACHD	101
43 ORIOLE LN	$475,000	2	2	1810	DETACHD	78
937 COUNTRY CLUB RD	$478,400	2	1	1650	DETACHD	91
5859 KENNYCROFT WAY	$499,900	3	1.1	1205	DETACHD	4
18964 REDWING WAY	$549,950	3	1.1	1406	DETACHD	24
18150 BRYANT RD	$590,000	3	2	1468	DETACHD	8
4380 DOUGLAS WAY	$599,950	3	2	1364	DETACHD	62
3595 UPPER DR	$629,000	4	2	1725	DETACHD	4
17012 CRESTVIEW DR	$699,000	5	4	2750	DETACHD	4
4584 TRILLIUM WOODS	$724,900	3	2.1	2179	ATTACHD	44
151 C AVE	$775,000	2	2.1	1934	ATTACHD	112
4890 SAGE HEN CIR	$789,900	4	2.1	2832	DETACHD	74
252 GREENWOOD RD	$824,900	5	2	3834	DETACHD	5
5228 LOWER DR	$839,950	3	2.1	2723	DETACHD	101
5590 LUCE LN	$950,000	5	4	3374	DETACHD	6
6 ESSEX CT	$998,000	4	4	4338	DETACHD	42
2591 PALISADES CREST DR	$1,160,000	3	2.1	4916	DETACHD	110
6407 MISSION CT	$1,239,000	4	3.1	3623	DETACHD	1
18460 RAY RIDGE DR	$1,249,000	4	2.1	3769	DETACHD	34
18024 EASTRIDGE LN	$1,289,000	5	3.1	3781	DETACHD	580
1200 LAKE GARDEN CT	$1,295,000	4	3	3347	DETACHD	16
17680 Stafford RD	$1,299,000	5	2.1	3804	DETACHD	185
978 10TH ST	$1,449,000	3	3	2578	DETACHD	25
1111 C AVE	$1,469,000	4	3.1	3354	DETACHD
3509 LANEWOOD ST	$1,800,000	4	4	3830	DETACHD	114

SOLD Dec 14, 2020-Jan 3, 2021

Address	Opening Price	Closed Price	# Beds	# Baths	Total SF	Prop Type	CDOM
44 EAGLE CREST DR #17	$199,900	$185,000	1	1	798	CONDO	16
200 BURNHAM RD #303	$257,000	$242,132	2	1	1200	CONDO	144
20 CERVANTES CIR	$290,000	$260,000	2	1.1	912	CONDO	30
45 EAGLE CREST DR #100	$295,000	$280,000	3	2	1537	CONDO	18
71 CONDOLEA WAY	$425,000	$415,000	3	3	2131	CONDO	88
1402 PARRISH ST	$469,000	$445,000	3	2.1	1863	CONDO	83
13679 JOHNSON TER	$515,000	$514,860	2	1	917	DETACHD	6
14402 SHERBROOK PL	$530,000	$515,000	3	2.1	1976	DETACHD	43
6270 Shakespeare ST	$495,000	$527,000	3	1	1009	DETACHD	3
4362 GALEWOOD ST	$558,000	$543,000	3	2.1	1684	DETACHD	25
69 CONDOLEA TER	$555,000	$549,650	2	2.1	2262	CONDO	100
29 WALKING WOODS DR	$579,900	$579,900	3	2	2311	DETACHD	71
5204 ROSEWOOD ST	$599,000	$621,000	3	2.1	1683	DETACHD	3
621 9TH ST	$649,000	$654,000	2	2	2214	DETACHD	11
14 INDEPENDENCE AVE	$684,900	$660,000	5	3	3296	DETACHD	191
17950 MEADOWLARK LN	$649,000	$675,000	5	3	2727	DETACHD	97
18863 INDIAN SPRINGS RD	$699,900	$700,000	4	3	2001	DETACHD	2
1227 ASH ST	$700,000	$717,000	3	2	2151	DETACHD	4
9 SPINOSA	$725,000	$725,000	2	2.1	2250	DETACHD	29
19 WESTRIDGE DR	$765,000	$745,000	4	2.1	3711	DETACHD	28
2395 GREENTREE RD	$779,900	$750,000	5	2.1	2777	DETACHD	15
5722 SOUTHWOOD DR	$765,000	$776,000	4	2.1	2919	DETACHD	3
619 CLARA CT	$789,000	$789,000	4	2.1	2958	DETACHD	0
2765 GLEN HAVEN RD	$749,900	$790,000	4	2.1	2277	DETACHD	5
5338 ROYAL OAKS DR	$819,000	$800,000	4	2.1	2720	DETACHD	67
20 Nansen Summit	$749,900	$800,000	4	3.1	3768	DETACHD	2
13456 PROVINCIAL HILL WAY	$840,000	$805,000	3	2.1	3071	DETACHD	69
6435 MCDUFF CT	$975,000	$890,000	5	3.1	3424	DETACHD	65
14218 KIMBERLY CIR	$916,500	$899,500	4	2.1	3272	DETACHD	22
5239 MADRONA ST	$885,000	$905,000	3	3	2881	DETACHD	4
49 HILLSHIRE DR	$939,900	$915,000	4	3.1	4268	DETACHD	113
17215 LOWENBERG TER	$995,950	$925,000	4	2.1	2934	DETACHD	89
2934 TOLKIEN LN	$974,800	$985,000	5	3.1	3851	DETACHD	11
1816 PALISADES LAKE CT	$1,200,000	$1,025,000	3	2.1	4598	DETACHD	104
16791 SYLVAN CT	$1,075,000	$1,100,000	5	3.1	4137	DETACHD	1
2148 Summit DR	$1,295,000	$1,157,500	5	2.1	3883	DETACHD	104
13768 KNAUS RD	$1,180,000	$1,200,000	3	2	2480	DETACHD	4
18375 RIVER EDGE LN	$1,185,000	$1,265,000	4	2.1	3512	DETACHD	51
3131 WEMBLEY PARK RD	$1,395,000	$1,325,000	4	3.1	3597	DETACHD	147
18020 MEADOWLARK LN	$1,350,000	$1,345,000	5	4	4217	DETACHD	4
629 5TH ST	$1,475,000	$1,365,000	4	2.1	2985	DETACHD	64
14005 GOODALL RD	$1,800,000	$1,500,000	4	3.1	4809	DETACHD	207
490 G AVE	$1,450,000	$1,507,600	4	3.1	2977	DETACHD	1
16877 CANYON DR	$1,629,900	$1,633,086	4	4	3771	DETACHD	21
16881 CANYON DR	$1,629,900	$1,636,986	4	4	3854	DETACHD	4
527 NORTHSHORE RD	$1,800,000	$1,744,000	3	2	2433	DETACHD	20
1037 LAKE FRONT RD	$2,100,000	$2,100,000	3	3	2700	DETACHD	0
961 TERRACE DR	$2,899,000	$2,460,000	5	4.2	6016	DETACHD	213