Dianne Gregoire Realtor Archives - Page 7 of 140

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

August 11, 2021August 11, 2021

Market Activity Aug 2-8, 2021

The market in LO is still red hot. A few weeks ago, right around July 4th, it felt like it may have slowed down a tad. Last weeks rush of new listings (20), pending sales (36!), and sold/closed properties (29) has proved that tad of a slow down was just July 4th distractions.

See below for RMLS data.

New Listings Aug 2-8, 2021

Address	Type	Price	BR	Baths	Sq Ft
4 Touchstone #74	Condo	$235,000	3	2.5	1351
3433 McNary Pkwy #302	Condo	$285,000	2	2.5	1208
239 Cervantes	Condo	$399,000	2	2	1208
12848 Boones Ferry Rd	Condo	$425,000	2	2.5	1182
12826 Boones Ferry Rd	Condo	$445,000	2	2.5	1182
1700 Bonniebrae Dr	Attached	$469,698	3	3	1739
41 Oriole Ln	Detached	$500,000	2	2	1564
17830 Tualata Ave	Detached	$595,000	3	2	1373
17 Aquinas St	Detached	$599,900	3	2	2139
19 Da Vinci St	Detached	$650,000	3	2	1874
13366 Auburn Ct	Attached	$750,000	3	2.5	2492
16904 Cherry Crest Ave	Detached	$759,000	3	2	2167
1405 Greentree Circle	Detached	$775,000	4	2.5	2146
48 Spinosa	Detached	$799,900	4	3.5	2848
16750 Phantom Bluff Ct	Detached	$899,000	3	3	2267
5590 Luce Ln	Detached	$995,000	5	4	3530
3001 Southshore Blvd	Detached	$1,298,000	3	2.5	3201
2950 Greentree Rd	Detached	$1,495,000	4	3.5	3691
1051 Forest Meadows Way	Detached	$4,149,000	4	3.5	3691
12790 S Fielding Rd	Detached	$5,600,000	6	7.5	9124

Pending sales Aug 2-8, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone #62	Condo	$204,950	3	2.5	1351	46
4 Cervantes Circle	Condo	$240,000	2	1.5	912	47
12 Cervantes Circle	Condo	$250,000	2	1.5	912	3
3886 Botticelli St	Condo	$315,000	2	1.5	1132	4
482 S State St 3B	Condo	$374,000	2	1	1659	65
1 Peacock Pl	Detached	$509,000	3	2.5	1336	30
4980 Galen St	Attached	$589,000	2	2.5	1552	28
4241 Cobb Way	Detached	$599,950	3	2	1484	8
1672 Highland Dr	Detached	$699,900	4	2	1867	4
1620 Ash St	Detached	$720,000	3	2	2225	4
12 Morningview Ln	Attached	$730,000	3	2.5	2718	4
49 Da Vinci St	Detached	$739,000	3	2	2351	26
5466 Bay Creek Dr	Detached	$789,000	3	3	2535	4
4 Sherwood Ct	Detached	$795,000	4	2.5	2870	16
1580 Woodland Ter	Detached	$835,000	3	2.5	2430	4
18360 Tualata Ave	Detached	$845,000	5	2.5	2703	2
491 Country Club Rd	Detached	$865,000	4	2	2486	83
14121 Redwood Ter	Detached	$885,000	4	3.5	2827	24
19531 River Run Dr	Detached	$899,900	4	2.5	2440	5
15 El Greco St	Detached	$949,000	4	3	3328	4
1739 Palisades Terrace Dr	Detached	$995,000	4	2.5	3654	11
14071 Sundeleaf Dr	Detached	$999,000	5	3	2624	3
14002 Chelsea Dr	Detached	$1,195,000	4	2.5	3547	32
127230 Adrian Ct	Detached	$1,195,000	4	2.5	3014	24
5428 Royal Oaks Dr	Detached	$1,200,000	6	3.5	4994	7
14360 Uplands Dr	Detached	$1,230,000	4	3.5+.5	2577	5
17467 Westview Dr	Detached	$1,275,000	4	3.5	4119	4
2442 Palisades Crest Dr	Detached	$1,598,000	4	2.5	3071	4
3155 Upper Dr	Detached	$1,599,000	4	3	3297	1
2165 Ridge Pointe Dr	Detached	$1,995,000	5	4	4749	29
4480 Upper Dr	Detached	$2,000,000	4	3.5	3497	0
855 G Ave	Detached	$2,000,000	3	2.5	3710	17
14500 Uplands Dr	Detached	$2,495,000	5	4.5+.5	5544	74
1745 Southshore Blvd	Detached	$3,099,000	4	4.5	5545	128
1889 Highlands Loop	Detached	$5,499,000	5	6.5	6832	20
3328 Lakeview Blvd	Detached	$6,398,000	4	5.5	6675	18

Sold/Closed Aug 2-8, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
44 Eagle Crest Dr #1	Condo	$230,000	$247,000	908	2
45 Eagle Crest Dr #409	Condo	$249,900	$249,900	1,214	5
3882 Botticelli St	Condo	$289,000	$287,000	1224	20
5061 Foothills Dr C	Condo	$335,000	$335,000	991	8
1509 Bonniebrae Dr	Attached	$482,900	$507,000	1739	6
4222 Woodside Circle	Attached	$450,000	$550,000	1578	5
17850 Pilkington Rd	Detached	$750,000	$625,000	3222	79
5051 Tualata Ln	Detached	$714,900	$640,000	1581	37
6545 Childs Rd	Detached	$600,000	$650,000	3134	1
186 D Ave	Attached	$650,000	$675,000	1637	7
6227 Wayzata Ct	Detached	$699,999	$675,000	1,232	7
18426 Sandpiper Way	Detached	$688,000	$705,000	1884	5
3 Spinosa	Detached	$755,000	$750,000	2615	23
16921 Kara Ln	Detached	$750,000	$758,000	2382	5
17802 Hillside Way	Detached	$838,000	$790,000	3026	23
2440 Overlook Dr	Detached	$879,900	$825,000	3850	15
4099 Coltsfoot Ln	Detached	$840,000	$827,000	3169	15
5675 Victoria Ct	Detached	$825,000	$885,000	2563	4
2895 Suncreek Dr	Detached	$749,000	$910,000	2379	5
17 Westridge Dr	Detached	$875,000	$935,000	3533	11
19310 Riverwood Ln	Detached	$999,000	$1,092,000	3192	1
17649 Woodhurst Pl	Detached	$1,198,000	$1,120,000	3192	103
2929 Glen Eagles Rd	Detached	$1,100,000	$1,300,000	2527	4
13700 Knaus Rd	Detached	$1,245,000	$1,310,000	2654	7
915 Cedar St	Detached	$1,550,000	$1,520,000	3219	3
4440 Upper Dr	Detached	$1,899,000	$1,850,000	3583	42
18783 Stafford Rd	Detached	$2,295,000	$1,875,000	147
197 Egan Way	Detached	$2,198,000	$2,095,150	6761	64
3183 Douglas Circle	Detached	$3,450,000	$3,450,000	5595	0

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

August 9, 2021August 10, 2021

Someone’s Got to Do It!

Monday, August 9th is Realtor Day at the Street of Dreams. Dianne and I decided to get a jump on everything and visited a day early. I know she wants to do a post on trends, so I won’t share the most fun pictures with you, but here we are as real human Realtors doing the hard investigative work for YOU!

Here is Dianne in very good hands (sorry…couldn’t resist : )

Again… we work hard for you.

Dianne hated this bathroom ; )

AND we’re learning that (as we wipe our brows) we really need to avail ourselves of the help that has become so common in all of our lives. (So bougie…)

Lastly, with all that energy we save by not having to mow our lawns, we can now relax with a few of our best moves on the court.

Seriously, it was a lovely day. Dianne and I get to see a lot of homes obviously, but its always a treat to see the latest trends in layout, materials, fixtures & colors. As I mentioned, Dianne will be covering these trends, so I’ll let her share the meaty stuff, but I will say that it is very worth your while this year. Here is a link to get your ticket! You may visit 10AM-9PM through August 22nd. They’re closed Mondays & Tuesdays. CLICK HERE

August 6, 2021September 11, 2022

Market Activity ~ July 26-Aug 1, 2021

There were 11 homes entering the market last week, 19 that moved to Pending status (accepted offers) and 30 that Closed/Sold. Right now there are 109 lovely properties available in Lake Oswego!

Here is the breakdown using RMLS data:

NEW July 26-Aug 1, 2021

	List Price	Beds	Baths	SF	Type
47 EAGLE CREST DR #41	$230,000	2	1	932	CONDO
4 TOUCHSTONE #143	$239,000	3	2.1	1351	CONDO
1589 BOCA RATAN DR	$470,000	3	2	1611	ATTACHD
457 LAUREL ST	$650,000	3	3	2264	DETACHD
18431 INDIAN CREEK DR	$660,000	4	2	1736	DETACHD
15964 WHITE OAKS DR	$949,900	4	2.1	3015	DETACHD
13060 SW ELK ROCK RD	$1,178,000	4	3	3681	DETACHD
7 GARIBALDI ST	$1,450,000	4	3.1	6303	DETACHD
14050 GOODALL RD	$2,350,000	5	4.2	6943	DETACHD
2643 SOUTHSHORE BLVD	$3,300,000	3	3.2	4543	DETACHD
1199 FAIRWAY RD	$3,498,000	4	4.2	5527	DETACHD

PENDING July 26-Aug 1, 2021

Address	List Price	Beds	Baths	SF	Type	Days
4 TOUCHSTONE #66	$205,000	3	2.1	1351	CONDO	6
16250 PACIFIC HWY #78	$343,500	2	2	1305	CONDO	35
5058 FOOTHILLS DR, A	$420,000	3	2	1252	CONDO	8
17500 PILKINGTON RD	$460,000	2	1	1050	DETACHD	8
15115 QUARRY RD	$650,000	4	3	2865	DETACHD	19
5101 ROSEWOOD ST	$665,000	3	2.1	1736	DETACHD	4
13198 PETERS RD	$695,000	3	2.1	2630	DETACHD	29
17 MORNINGVIEW CIR	$785,000	3	2.1	2532	DETACHD	6
4987 BILFORD LN	$799,900	3	2.1	2302	DETACHD	5
1520 EASTVIEW CT	$963,000	4	4	3789	DETACHD	4
4750 UPPER DR	$1,100,000	5	3.1	3091	DETACHD	125
17543 LAKE HAVEN DR	$1,185,000	4	2.1	2333	DETACHD	9
427 9TH ST	$1,199,000	5	3.1	3250	DETACHD	12
17190 WALL ST	$1,395,000	5	4.2	6702	DETACHD	131
151 3RD ST #1	$1,499,000	3	2.1	3278	CONDO	37
2167 WEMBLEY PARK RD	$1,750,000	4	3.1	4015	DETACHD	9
2572 GLEN EAGLES PL	$2,195,000	5	4.2	6532	DETACHD	107
1677 LESLIE LN	$2,390,000	4	6.1	7534	DETACHD	147
2945 UPPER DR	$2,500,000	4	4.1	4227	DETACHD	0

SOLD July 26-Aug 1, 2021

Address	Open	Closed	Beds	Baths	SF	Type
42 CERVANTES CIR #4B	$250,000	$261,000	2	1.1	912	CONDO
153 OSWEGO SMT, Lower	$279,990	$269,000	2	2	1677	CONDO
163 OSWEGO SMT, Upper	$285,000	$310,000	2	2	1506	CONDO
16250 PACIFIC HWY #41	$360,000	$350,000	2	2	1380	CONDO
#10	$515,000	$500,000	2	2.1	1743	CONDO
5616 CHILDS RD	$495,000	$536,000	3	1	1232	DETACHD
53 ORIOLE LN	$549,000	$545,000	3	2.1	2072	DETACHD
38 NORTHVIEW CT	$638,900	$618,000	4	4	3125	ATTACHD
1701 ASPEN CT	$663,800	$663,800	3	2	1956	DETACHD
5 BECKET ST	$685,000	$685,000	4	2.1	3654	DETACHD
17 CHURCHILL DOWNS	$649,900	$712,000	4	3	1966	DETACHD
217 HIDALGO ST	$769,900	$737,450	3	2.1	4312	DETACHD
5440 BAY CREEK DR	$775,000	$840,000	3	2.1	2442	DETACHD
9 PREAKNESS CT	$849,900	$875,000	4	3	3750	DETACHD
1692 HIGHLAND DR	$795,000	$905,000	4	3	2162	DETACHD
1874 GLENMORRIE TER	$950,000	$952,000	3	3	3508	DETACHD
1503 PINE ST	$875,000	$959,000	4	3	2842	DETACHD
5681 YORKSHIRE CT	$894,900	$962,500	4	2.1	2985	DETACHD
1704 GLENMORRIE TER	$950,000	$965,000	5	2.1	4292	DETACHD
663 CARRERA LN	$899,000	$1,000,000	3	2	2356	DETACHD
125 FURNACE ST, Upper	$995,000	$1,075,000	2	2.1	1927	CONDO
12723 ADRIAN CT	$1,098,000	$1,098,000	4	3	3190	DETACHD
5933 SUNCREEK DR	$1,250,000	$1,200,000	4	3.2	4027	DETACHD
18635 WESTVIEW DR	$1,150,000	$1,275,000	4	5	5102	DETACHD
19305 HILL TOP RD	$1,375,000	$1,405,000	4	3.1	5116	DETACHD
569 7TH ST	$1,450,000	$1,450,000	4	4	3135	DETACHD
4502 LAMONT WAY	$1,795,000	$1,675,000	4	4	3880	DETACHD
301 IRON MOUNTAIN BLVD	$1,649,000	$1,752,000	4	3.2	3036	DETACHD
2254 KNAUS RD	$4,125,000	$3,900,000	4	5.1	7436	DETACHD
1617 LAKE FRONT RD	$4,500,000	$4,500,000	4	4.1	4610	DETACHD

August 1, 2021August 1, 2021

What’s a condo? What’s a townhouse?

I think that when people think of condos and townhouses they are usually thinking of a style of construction. Townhouses are usually side-by-side without a neighbor above or below. Yes, that is common with townhouses, but there is more to it than that.

With a townhouse, you own the land below. Different home owner’s associations have different binding terms, but as a generalization, the HOA will take care of exterior mainenance and maintence of the common areas. But you usually have a small yard that you get to landscape and maintain. This also means that if something goes wrong in the crawlspace below , the homeowner is responsible. It also means that the home owner takes care of the plumbing even after it leaves the house.

With condominiums you don’t personally own the land beneath your home. Instead your home owner’s association owns it. You own the interior walls, and your HOA owns the exterior walls. It also owns and is responsible for plumbing once it leaves your unit. So with a condo, the HOA takes on more responsibilites.

How do you know the difference? It should be properly represented in the marketing, but if it’s a condo, it’s also in the legal description.

Both types of real estate have home owner’s associaitons. When you buy either a condo or a townhouse you need to thoroughly inspect the home owner’s association. You want to get copies of their rules and regulations, conditions covenants and restrictions, the reserve study (to show that they are properly saving for big ticket repair items likes roofs and windows) and get the last 12 months of the HOA meeting notes. If something is up, they should be talking about it.

So that’s a little real estate 101. As always, thanks for reading the blotter!

Dianne

July 29, 2021July 29, 2021

Market Activity Report July 19-25, 2021

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

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

See below for RMLS details.

New on the Market July 19-25, 2021

Address	Type	Price	BR	Baths	Sq Ft
4 Touchstone #66	Condo	$205,000	3	2.5	1351
100 Kerr Pkwy #43	Condo	$214,900	2	2	823
44 Eagle Crest Dr #20	Condo	$230,000	2	1	908
5058 Foothills Dr A	Condo	$420,000	3	2	1252
17500 Pilkington Rd	Detached	$460,000	2	1	1050
4939 Hampton Ct	Detached	$919,900	5	2.5	2971
17151 Wall St	Detached	$1,150,000	6	4	4141
17543 Lake Haven Dr	Detached	$1,185,000	4	2.5	2333
503 Laurel St	Detached	$1,550,000	4	3.5	2917
2167 Wembley Park Rd	Detached	$1,750,000	4	3.5	4015
855 G Ave	Detached	$2,000,000	3	2.5	3710
1889 Highlands Loop	Detached	$5,499,000	5	6.5	6832
3328 Lakeview Blvd	Detached	$6,398,000	4	5.5	6675
16767 Graef Circle	Detached	$3,499,000	4	4.5	4222

Pending Sales July 19-25, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
200 Cervantes	Condo	$289,000	3	1.5	1138	11
200 Burnham Rd #305	Condo	$340,000	2	2	1305	1
43 Greenridge Ct	Attached	$399,900	3	1.5+.5	1652	65
4222 Woodside Dr	Attached	$450,000	3	2	1578	5
1509 Bonniebrae Dr	Attached	$482,900	3	2.5	1739	6
1672 Lake Front Rd	Detached	$650,000	3	2	1768	5
16901 Lakeridge Dr	Detached	$729,000	4	3	2080	3
49 Da Vinci St	Detached	$739,000	3	2	2351	12
5895 Suncreek Dr	Detached	$749,000	4	2	2379	5
18260 Indian Creek Dr	Detached	$759,000	3	2	2082	11
17268 Fernwood Dr	Detached	$765,000	3	2.5	2086	58
18571 Waxwing Way	Detached	$810,000	4	2.5	2081	19
1430 Larch St	Detached	$815,000	3	3	1312	7
17730 Marylbrook Dr	Detached	$850,000	3	2.5	2951	14
7 Mountain View Ln	Detached	$850,000	5	2.5	3324	48
17 Westridge Dr	Detached	$875,000	4	3.5+.5	3533	11
125 Furnace St	Condo	$995,000	2	2.5	1927	4
4222 Cobb Way	Detached	$1,089,000	4	3	2243	15
13207 Deerfield Ct	Detached	$1,175,000	4	3.5	3801	35
12817 Adrian Ct	Detached	$1,298,000	4	2.5	3132	3
2805 Southshore Blvd	Detached	$1,300,000	2	2.5	2623	3
4723 Lamont Way	Detached	$1,400,000	4	3.5	3058	5
1978 Egan Way	Detached	$1,998,000	4	5.5+.5	6761	64
1334 Maple St	Detached	$2,100,000	4	3.5	3660	6
18000 Eastridge Ln	Detached	$2,495,000	4	4.5	5610	6
17575 S Crestline Dr	Detached	$2,995,000	5	4.5+.5	7496	48
1226 Northshore Rd	Detached	$6,499,000	4	5.5	6330	45

Sold/Closed July 19-25, 2021

Address	Type	List Price	Sold Price	Sq Ft	CDOM
16250 Pacific Hwy #48	Condo	$345,000	$343,500	1306	5
1600 Boca Ratan Dr	Attached	$390,775	$390,775	998	0
15438 Stephanie Ct	Attached	$469,980	$470,000	1627	6
5221 Tualata Ln	Detached	$550,000	$588,050	1491	4
1033 Obrien St	Detached	$600,000	$608,000	1416	2
5357 Lakeview Blvd	Detached	$649,900	$640,000	1894	4
4124 Harvey Way	Detached	$649,900	$649,900	1410	22
9 Falstaff St	Detached	$759,000	$705,000	2436	51
13431 Vermeer Dr	Detached	$750,000	$790,000	2701	7
1588 Cherry Ln	Detached	$749,900	$803,000	2001	3
5760 Meridian Ct	Detached	$850,000	$880,000	2,504	5
15518 Heritage Ct	Detached	$820,000	$950,000	2885	4
17904 Cardinal Pl	Detached	$949,000	$950,000	1840	5
5697 Charles Circle	Detached	$950,000	$967,000	3268	4
16972 Greentree Ave	Detached	$1,100,000	$1,100,000	2812	13
1255 Bickner St	Detached	$1,235,000	$1,205,000	2764	94
17911 Hillside Dr	Detached	$1,200,000	$1,208,304	3635	5
15136 Glen Eagles Ct	Detached	$1,200,000	$1,235,000	2607	4
14511 Pfeifer Dr	Detached	$1,250,000	$1,375,000	3422	6
4390 Sunset Dr	Detached	$1,399,000	$1,427,000	3035	1
16200 Waluga Dr	Detached	$1,450,000	$1,550,000	3375	4
3140 Douglas Circle	Detached	$1,799,971	$1,744,000	4333	5
149 Furnace St #25	Condo	$1,795,000	$1,785,000	3954	6
3250 Upper Dr	Detached	$1,875,000	$1,950,000	4058	1
168 Pine Valley Rd	Detached	$1,995,000	$2,100,000	4906	7
13700 Fielding Rd	Detached	$4,996,000	$4,998,000	5802	3

July 26, 2021September 11, 2022

News & Notes ~ June Numbers 2021

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

Overview/Fluctuations ~ Market Data June 2021:

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

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

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

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

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

LAKE OSWEGO

146 Active Listings (May 129)
262 New Listings (May 222)
202 Pending Sales (May223)
229 Closed Sales (May 199)
Average Sale Price for June: $1,018,100 (May $928,300)
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
21 Average Days on the Market (May 28)

July 24, 2021September 11, 2022

Market Activity ~ July 12-18, 2021

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

NEW July 12-18, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type
29 CRESTFIELD CT / Grnd	$249,900	2	2	989	CONDO
36 CRESTFIELD CT / Upper	$295,000	2	1	921	CONDO
18281 WOOD THRUSH CIR	$715,000	4	2.1	2240	DETACHD
2697 LOOKOUT CT	$720,000	3	2	2219	DETACHD
1430 LARCH ST	$815,000	3	3	2312	DETACHD
4 SHERWOOD CT	$825,000	4	2.1	2870	DETACHD
3065 ROYCE WAY	$835,000	4	2.1	2726	DETACHD
14121 REDWOOD CT	$969,900	4	3.1	2827	DETACHD
1535 PINE ST	$1,100,000	3	2.1	2390	DETACHD
427 9TH ST	$1,199,000	5	3.1	3250	DETACHD
45 NANSEN SMT	$1,250,000	4	4.1	5874	DETACHD
12730 ADRIAN CT	$1,295,000	4	2.1	3014	DETACHD
732 ELLIS AVE	$2,350,000	4	2.1	3482	DETACHD
17475 BLUE HERON RD	$3,995,000	5	5.1	5787	DETACHD

PENDING July 12-18, 2021

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
45 EAGLE CREST DR #49	$249,900	2	2	1214	CONDO	5
163 OSWEGO SMT / Upper	$285,000	2	2	1506	CONDO	2
4041 JEFFERSON PKWY	$289,000	1	1.1	1060	CONDO	4
16250 PACIFIC HWY #41	$360,000	2	2	1380	CONDO	20
6135 SHAKESPEARE ST	$549,900	4	2	1656	DETACHD	21
16501 LAKE FOREST BLVD	$550,000	3	1	1429	DETACHD	28
31 ORIOLE LN	$569,000	3	3	1968	DETACHD	4
17902 TAMARA AVE	$569,900	4	2	2082	DETACHD	4
6545 SW Childs RD	$600,000	6	4	3134	DETACHD	1
23 FALSTAFF ST	$629,000	3	2	1435	DETACHD	38
18811 REAO CT	$639,900	3	2.1	1916	DETACHD	7
6227 WAYZATA CT	$649,999	3	1.1	1232	DETACHD	7
5880 ROCKWOOD CT	$656,500	3	2	1772	DETACHD	2
4 PIMLICO TER	$690,000	3	2	2100	DETACHD	3
9 SPINOSA	$749,000	2	2.1	2250	DETACHD	5
1811 KILKENNY DR	$758,000	4	3	3794	DETACHD	0
17802 HILLSIDE WAY	$779,800	4	2.1	3026	DETACHD	23
759 TIMBERLINE DR	$825,000	4	3	2928	DETACHD	21
16933 GREENTREE AVE	$874,900	4	2.1	2276	DETACHD	28
3333 ROYCE WAY	$949,900	3	2.1	2896	DETACHD	7
18320 DELENKA LN	$995,000	4	2.1	4519	DETACHD	67
17649 WOODHURST PL	$1,198,000	5	4.1	5669	DETACHD	103
4210 VIRGINIA WAY	$1,489,000	4	4.1	3508	DETACHD	58
19395 HILL TOP RD	$1,575,000	5	3.2	4788	DETACHD	4
13700 FIELDING RD	$4,998,000	5	4.2	5802	DETACHD	3

SOLD July 12-18, 2021

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
23 CRESTFIELD CT / Grnd	$199,000	$220,000	1	1	689	CONDO	2
4 TOUCHSTONE #123	$215,000	$225,000	3	2.1	1351	CONDO	26
45 EAGLE CREST DR #311	$245,000	$260,000	2	2	1046	CONDO	2
4000 CARMAN DR, E80	$289,000	$289,000	2	2	993	CONDO	28
3892 BOTTICELLI ST / Main	$303,500	$305,000	3	2	1288	CONDO	4
5691 WINDFIELD LOOP	$599,000	$594,000	3	2	1588	DETACHD	6
16775 WESTVIEW DR	$629,000	$693,000	3	2	1806	DETACHD	4
13019 SIERRA CT	$819,000	$805,000	4	2.1	2522	DETACHD	8
19001 BARTON RD	$899,000	$830,000	4	2.1	2194	DETACHD	13
18343 ANDUIN TER	$995,000	$970,000	4	2.1	3000	DETACHD	19
5774 BAY POINT DR	$1,195,000	$1,119,000	5	2.1	3674	DETACHD	25
18711 WESTVIEW DR	$1,195,000	$1,200,000	4	3.1	3592	DETACHD	6
5024 DOGWOOD DR	$1,195,000	$1,358,000	4	3.1	3267	DETACHD	2
4640 DOGWOOD DR	$1,550,000	$1,400,000	4	4	4142	DETACHD	9
560 4TH ST	$1,449,000	$1,450,000	3	4.1	3186	ATTACHD	23
3729 ELEANOR CT	$1,598,000	$1,500,000	4	4.1	4061	DETACHD	9
18031 MEADOWLARK LN	$1,585,000	$1,525,000	4	3.1	3798	DETACHD	5
853 D AVE	$1,950,000	$1,812,500	4	3.1	5137	DETACHD	56
1845 PALISADES TERRACE DR	$3,650,000	$2,990,000	3	2.1	2674	DETACHD	17
1125 MAPLE ST	$3,900,000	$3,650,000	4	3.1	6254	DETACHD	82