Market Activity ~ Oct 30- Nov 5, 2017

We’re humming right along. Last week saw 14 New properties enter the market in Lake Oswego, 19 move to Pending status, and 15 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 30-Nov 5, 2017)

Address List Price # Beds # Baths Total SF Prop Type
200 BURNHAM RD #300 $215,000 1 1 973 CONDO
14796 DAVIS LN $509,900 3 2.1 1964 TOWNHSE
5866 RIDGETOP CT $539,000 3 2 1866 DETACHD
17280 WESTVIEW DR $550,000 3 3 2324 DETACHD
17 FALSTAFF ST $599,000 4 3 2450 DETACHD
18632 DEERBRUSH AVE $624,900 3 2.1 1962 DETACHD
2401 MAYORS LN $699,999 3 3 3004 DETACHD
29 DEL PRADO ST $735,000 4 2 3037 DETACHD
17167 CEDAR RD $764,900 3 2 2673 DETACHD
2983 LAKEVIEW BLVD $799,000 3 2.1 2583 DETACHD
16101 PARELIUS CIR $1,165,000 4 3 3974 DETACHD
1505 COUNTRY CLUB RD $1,195,000 6 4.1 6043 DETACHD
768 7TH ST $1,300,000 4 3.1 2802 DETACHD
18320 RIVER EDGE LN $1,988,000 4 5 4608 DETACHD

PENDING SALES (Oct 30-Nov 5, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #42 $189,500 2 1.1 822 CONDO 13
50 SW CERVANTES CIR $213,750 2 1.1 1368 CONDO 3
90 OSWEGO SMT/Upper $239,500 2 2 1140 CONDO 86
30 GREENRIDGE CT $335,000 2 1.1 1928 ATTACHD 100
16219 BONAIRE AVE $419,900 4 2 1594 DETACHD 101
5880 ROCKWOOD CT $450,000 3 2 1772 DETACHD 9
28 NORTHVIEW CT $525,000 2 3 2092 ATTACHD 85
3312 SABINA CT $570,000 3 2 1758 DETACHD 36
653 3RD ST $574,999 3 2 1522 DETACHD 1
1642 HIGHLAND DR $599,000 4 3 2234 DETACHD 111
17784 CARDINAL DR $599,900 4 3 2184 DETACHD 80
20 MORNINGVIEW CIR $610,000 3 2.1 2698 DETACHD 184
13422 AUBURN CT $625,000 3 2.1 2612 ATTACHD 32
12 SCARBOROUGH DR $639,900 4 2.1 2966 DETACHD 187
18410 DEERBRUSH AVE $645,000 4 2.1 2246 DETACHD 92
133 FURNACE ST/Upper $798,000 2 3 1927 CONDO 8
12750 FIELDING RD $995,000 3 2 3018 DETACHD 38
13597 ROGERS RD $1,179,000 4 4 3945 DETACHD 92
17502 BLUE HERON DR $2,195,000 5 3.1 4996 DETACHD 94

SOLD (Oct 30-Nov 5, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #49 $239,000 $235,000 2 2 1305 CONDO 9
480 S STATE ST $325,000 $292,000 3 2 1659 CONDO 200
5141 CENTERWOOD ST $425,000 $425,000 3 2 1539 DETACHD 0
100 LEONARD ST 4-2 $500,000 $458,750 3 2.1 2537 CONDO 65
12729 19TH AVE $549,900 $477,000 4 2 2700 DETACHD 120
800 WOODWAY CT $550,000 $492,000 4 3 2066 DETACHD 102
18906 KRISTI WAY $568,000 $540,000 3 2 1864 DETACHD 45
768 7TH ST $674,900 $550,000 3 2 1359 DETACHD 68
2 EL GRECO ST $649,000 $644,000 5 3 3057 DETACHD 6
19080 INDIAN SPRINGS CIR $685,000 $655,000 4 2 2406 DETACHD 217
4100 COLTSFOOT LN $775,000 $675,000 3 2.1 2840 DETACHD 77
14283 EDENBERRY DR $689,000 $689,000 3 2.1 2248 DETACHD 2
18462 PIONEER CT $724,900 $709,600 5 3 3804 DETACHD 2
19487 DOGWOOD CT $745,000 $730,000 5 3 3105 DETACHD 15
3623 EENA RD $999,900 $950,000 4 3.1 3422 DETACHD 217

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.

News & Notes ~ Sept 2017 Data

Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture below:

  • According to the RMLS Market Action Report for the Portland Metro Area, September, 2017:
    • There were 3,644 New Listings in Sept 2017 which was down .08% from Sept of 2016’s 3,673, and down 10% from August of 2017’s total of 4,048.
    • At 2,660, Sept Closed Sales were down 5.8% from Sept 2016’s 2,823, and 12.3% from the previous month/August 2017’s total of  3,034.
    • September’s Pending Sales (accepted offers), at 2,730 dropped 4.4% from Sept of 2016’s 2,857, and 11.1% from the previous month/August 2017’s total of 3,072.
    • The Average Sale Price in September of $426,700 was up $34,500 from September 2016’s $392,200, and down from August 2017’s $436,400 by $9,700.    (***This is typical seasonal adjustment. This year we’ve seen roughly $10,000 drops in Average Sale Price per month in August and Sept.)                  

August Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $374,900              7%    (Aug $436,400)
  • NE Portland:  $447,100                   9.6% (Aug $460,100)
  • SE Portland:  $400,900                   8.7% (Aug $391,200)
  • Gresham/Troutdale:   $341,800   10.5%  (Aug $333,300)
  • Milwaukie/Clackamas:  $418,500 10.4% (Aug $420,300)
  • Oregon City/Canby:   $416,900      8.9% (Aug $394,800)
  • Lake Oswego/West Linn:$678,200 8.2%(Aug $713,800)
  • West Portland:    $572,100             6.9% (Aug $567,100)
  • NW Washington County:$501,200  9.9%(Aug $526,500)
  • Beaverton/Aloha:     $369,200        9.7% (Aug $376,800)
  • Tigard/Wilsonville:   $434,600        6.3% (Aug $439,300)
  • Hillsboro/Forest Grove: $385,400 12.1% (Aug $382,800)

The combined areas of Lake Oswego and West Linn  for the month of August 2017 reported:

    •  469 Active Listings   
    •  199 New Listings     
    •  87  Pending Sales   
    •  126 Closed Sales  
    • Average Sale Price for Sept: $678,200  
      • 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.
    • Average Time on the Market: 54 Days   

Market Activity ~ Oct 16-22, 2017

Great, steady activity. Last week saw 20 New properties enter the market in Lake Oswego, 17 move to Pending status, and 12 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 16-22, 2017)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #C45 $180,000 1 1 767 CONDO
100 KERR PKWY #42 $189,500 2 1.1 822 CONDO
5720 KENNY ST $420,000 3 2 1416 DETACHD
13606 BLAZER TRL $525,000 4 2.1 2418 DETACHD
17755 OVERLOOK LN $529,900 4 2.1 3198 DETACHD
17736 CARDINAL CT $535,000 4 2.1 2280 DETACHD
3845 TEMPEST DR $575,000 4 2.1 1931 DETACHD
19180 INDIAN CREEK AVE $599,900 4 3 2392 DETACHD
780 BRIERCLIFF LN $599,900 5 3.1 2502 DETACHD
16 BERNINI CT $620,900 4 3.2 4642 DETACHD
18866 INDIAN SPRINGS CIR $649,900 3 3 2004 DETACHD
3962 BASS LN $659,000 3 2.1 2237 DETACHD
5406 LANGFORD LN $845,000 3 2.1 3415 DETACHD
16 CELLINI CT $869,000 3 2.1 3049 DETACHD
236 PINE VALLEY RD $875,000 3 2.1 1996 DETACHD
18120 DELENKA LN $899,000 5 2.1 3157 DETACHD
3242 GLENMORRIE DR $979,900 3 2.1 3146 DETACHD
17 Hilltop $1,350,000 3 3.1 3335 DETACHD
2236 SUMMIT CT $2,200,000 3 2.1 4066 DETACHD
2812 Lakeview BLVD $2,500,000 3 2 2566 DETACHD

PENDING SALES (Oct 16-22, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
66 OSWEGO SMT $189,900 1 1 764 CONDO 37
88 CERVANTES CIR $200,000 2 1.1 912 CONDO 5
201 OSWEGO SMT #201 $229,900 2 2 1383 CONDO 106
88 GREENRIDGE CT #88 $270,000 2 2 1314 ATTACHD 4
5225 Jean RD #511 $275,000 3 2 1400 CONDO 9
4103 JEFFERSON PKWY $329,900 2 2.1 1359 CONDO 6
6451 MCEWAN RD $379,900 3 1.1 1080 DETACHD 9
18013 BELMORE AVE $479,900 3 2 1844 DETACHD 69
5524 LANGFORD LN $550,000 2 2 2038 DETACHD 22
272 GREENWOOD RD $565,000 3 2 2585 DETACHD 2
17524 ERIN CT $669,900 5 3 3008 DETACHD 68
4608 CHELSEA LN $825,000 4 2.1 3092 DETACHD 2
3623 EENA RD $974,900 4 3.1 3422 DETACHD 217
1420 MORNING SKY CT $999,000 4 3.1 3613 DETACHD 73
3519 Lake Grove AVE $1,185,000 4 2.1 3176 DETACHD 30
18308 MEADOWLARK LN $1,498,000 4 3.3 7254 DETACHD 558
2430 SUMMIT CT $1,995,000 3 3 2911 DETACHD 154

SOLD (Oct 16-22, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
210 S STATE ST #1 $365,000 $335,000 2 1.1 1767 CONDO 35
18565 LONGFELLOW AVE $495,000 $431,000 3 2 1430 DETACHD 54
1405 CEDAR ST $515,000 $515,000 4 2 2178 DETACHD 64
945 CUMBERLAND RD $730,000 $560,000 4 3.1 2726 DETACHD 18
3554 TEMPEST DR $625,000 $577,500 3 2.1 2279 DETACHD 84
18439 DEERBRUSH AVE $674,900 $660,000 4 2.1 2694 DETACHD 103
17325 OAK MEADOW LN $769,000 $755,000 4 2.1 3157 DETACHD 38
15956 PARKER RD $849,999 $824,000 3 2.1 3200 DETACHD 33
1075 SCHUKART LN $899,000 $880,000 4 2.1 3452 DETACHD 259
230 3RD ST $1,299,900 $1,299,900 4 3 3003 DETACHD 60
4660 UPPER DR $1,595,000 $1,450,000 5 3.1 3849 DETACHD 51
3458 LAKEVIEW BLVD $2,795,000 $2,300,000 4 4.1 4647 DETACHD 118

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.

This Week in Lake Oswego

Looking for some Fall Fun?  Here are my picks for things happening in Lake Oswego this week! (I stayed away from meetings and focused on mostly family fun : )

Mon, Oct 16th – 6:00pm – Family Movie Night – Lake Oswego Public Library (3rd-Mondays) CLICK HERE

Tue, Oct 17, 2017 – 3:45pm – 4:45pm – Meet The Artists – Lake Oswego Parks & Rec  (Every Tues) CLICK HERE  

 Wed, Oct 18, 2017 10:00am – 10:30am – Firsts Steps in Music – Lake Oswego Parks & Rec (Every Wed) CLICK HERE

Thu, Oct 19, 2017 – 4:00pm – 5:30pm – All Things Yarn (learn to knit!) – Lake Oswego Public Library (3rd Thursdays)  CLICK HERE

Fri, Oct 20, 2017 9:30am – 10:30amLittle Masters – Lake Oswego Parks & Rec (Every Friday, Ages 2-5) CLICK HERE

 

 

Market Activity ~ Oct 2-8, 2017

Last week saw 15 New properties enter the market in Lake Oswego, 17 move to Pending status, and 14 “Closed”/Sold.

I always tell my clients, when Buyers are looking this time of year, they’re serious.  And conversely, when Sellers are selling this time of year, they’re serious too!  SO…though things slow down a little till the end of the year, from either perspective its a Good time to be changing your Life by either buying or selling a home. People tend to want to get things done, which can make negotiating more straightforward.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 2-8, 2017)

Address List Price # Beds # Baths Total SF Prop Type
32 OSWEGO SMT / Upper $184,900 1 1 752 CONDO
4000 CARMAN DR #11 $204,000 2 2 869 CONDO
157 OSWEGO SMT #22 $239,000 2 2 1383 CONDO
5092 GALEN ST $400,000 2 2 1178 DETACHD
100 LEONARD ST / Upper $429,000 2 2 1364 CONDO
16890 CORTEZ CT $469,000 4 3 2016 DETACHD
3290 WEMBLEY PARK RD $550,000 5 3 2656 DETACHD
937 OAK ST $725,000 4 3 2921 DETACHD
4745 CAMBRIDGE CT $749,900 2 2.1 3171 ATTACHD
17585 TREETOP WAY $799,000 4 3 2422 DETACHD
17110 LOWENBERG TER $899,000 4 2.1 2732 DETACHD
706 2nd ST $1,199,900 4 2.1 2737 DETACHD
12816 ALTO PARK RD $1,295,000 5 4 4215 DETACHD
19419 SW EAST SIDE RD $1,300,000 4 3.1 4682 DETACHD
1000 ATWATER RD $2,695,000 4 4.2 6531 DETACHD

PENDING SALES (Oct 2-8, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #43 $205,000 2 2 866 CONDO 6
57 CHURCH ST $214,900 1 1 636 CONDO 5
480 S STATE ST $299,900 3 2 1659 CONDO 200
5061 FOOTHILLS DR #B $350,000 2 2 991 CONDO 23
17007 WESTVIEW DR $465,000 4 2 2649 DETACHD 92
9 BECKET ST $489,900 4 2.1 3115 DETACHD 5
28 NORTHVIEW CT $525,000 2 3 2092 ATTACHD 59
5622 CARMAN DR $599,000 4 2 2164 DETACHD 14
1642 HIGHLAND DR $599,000 4 3 2234 DETACHD 82
2 CREEKSIDE TER $599,000 4 2.1 2906 DETACHD 86
2445 PARK RD $599,950 5 3 3268 DETACHD 2
1040 UPPER DEVON LN $659,000 3 2.1 2640 DETACHD 151
14283 EDENBERRY DR $689,000 3 2.1 2248 DETACHD 2
18462 PIONEER CT $724,900 5 3 3804 DETACHD 2
5455 LANGFORD LN $845,000 3 2.1 3398 DETACHD 132
13700 KNAUS RD $1,150,000 3 2.1 2403 DETACHD 106
1968 CHERYL CT $1,399,000 4 4.3 6153 DETACHD 368

SOLD (Oct 2-8, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #55 $150,000 $147,000 1 1 672 CONDO 32
100 KERR PKWY #51 $151,500 $155,000 1 1 620 CONDO 14
12 CRESTFIELD CT / Upper $168,000 $168,000 1 1 552 CONDO 55
4 TOUCHSTONE #102 $237,500 $210,000 4 2 1488 CONDO 129
30 WHEATHERSTONE $399,950 $396,000 3 2.1 1692 ATTACHD 5
18964 REDWING WAY $459,900 $430,000 3 1.1 1406 DETACHD 31
2734 ORCHARD HILL LN $598,900 $574,500 4 2.1 2814 DETACHD 246
5228 LOWER DR $795,000 $700,000 4 2.1 2712 DETACHD 140
913 SUNNY HILL DR $765,000 $760,000 6 3.1 4196 DETACHD 7
19067 MEGAN PL $824,900 $770,000 4 3 3400 DETACHD 99
16853 SCOTT CT $799,000 $799,000 3 4 3917 DETACHD 110
2510 WEMBLEY PARK RD $1,750,000 $1,680,000 4 3.1 4907 DETACHD 30
13571 GOODALL RD $1,859,000 $1,850,000 4 4.1 5725 DETACHD 108
16661 PHANTOM BLUFF CT $3,995,000 $3,597,000 5 5.1 5371 DETACHD 80

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.

Market Activity Sept 25-Oct 1, 2017

We had a slight up tick in new listings last week to 20 from just 13 the week before. That was matched by 20 pending listings, so a nicely balanced week. We also had 13 closed sales. This is good and steady activity for October.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 25-Oct 1, 2017)

Address Type Price BR Baths Sq Ft
4000 Carman Dr #43 Condo $205,000 2 2 866
57 Church St Condo $214,900 1 1 636
40 Oswego Summit Condo $217,500 2 2 1140
3433 McNary Pkwy #303 Condo $220,000 2 2.5 1208
5055 Foothills Dr #76 Condo $350,000 3 2 1252
16215 Lake Forest Blvd Detached $424,900 3 1 1001
210 Northshore Rd Detached $529,900 2 1.5 2050
5524 Langford Ln Detached $570,000 2 2 2038
3312 Sabina Ct Detached $590,000 3 2 1758
5059 Sunset Dr Attached $599,900 2 2.5 1734
113422 Vermeer Dr Detached $629,900 4 3 $2,682
1601 Woodland Terrace Detached $649,500 4 3 3887
13422 Auburn Ct Attached $665,000 3 2.5 2612
759 Timberline Dr Detached $690,000 4 3 2928
1604 Country Club Rd Detached $810,000 4 3.5 3878
4305 Upper DR Detached $999,999 5 2.5 3474
12750 Fielding Rd Detached $1,100,000 3 2 3018
17596 Green Bluff Dr Detached $1,150,000 4 2.5 3150
13587 Meadowcreek Ln Detached $1,195,000 4 2.5 3200
3920 Upper Dr Detached $1,350,000 4 3.5 3800

Pending Sales (Sept 25-Oct 1, 2017)

Address Type Price BR Baths Sq Ft CDOM
84 Galen St Condo $115,000 1 1 550 3
4085 Jefferson Pkwy Condo $299,900 2 2.5 1302 22
17484 Bryant Rd Detached $409,900 3 1 1431 0
1625 Cloverleaf Rd Detached $449,000 3 2 1996 43
17522 Bryant Rd Detached $450,000 3 1 1152 0
800 Woodway Ct Detached $499,000 4 3 2066 102
100 Leonard St 4-2 Condo $500,000 3 2.5 2537 65
18971 Indian Springs Circle Detached $512,000 3 2 1312 43
18906 Kristi Way Detached $559,000 3 2 1864 45
6236 Wayzata Ct Detached $589,000 4 2.5 2752 107
2 El Greco St Detached $649,000 5 4 3057 6
16943 Cherry Crest Dr Detached $679,000 4 2.5 2912 78
624 Livingood Ln Detached $695,000 4 3.5 2596 24
504 10th St Detached $819,000 3 2 2277 65
16946 Bryant Rd Detached $825,000 2 2 1390 90
822 Lee St Detached $825,000 3 2.5 1930 93
1699 Village Park Ln Detached $899,000 3 2.5+.5 3342 127
812 Country Commons Detached $899,000 4 4 3740 140
5665 Grand Oaks Dr Detached $914,900 5 3 4226 9
547 Middlecrest Rd Detached $1,098,000 2 2.5 1888 55

Sold/Closed (Sept 25-Oct 1, 2017)

Address Type List Price Sold Price Sq Ft CDOM
2 Oswego Summit Condo $199,500 $189,999 869 32
159 Oswego Summit Condo $250,000 $253,000 1,506 5
4971 Lakeview Blvd Detached $475,000 $478,500 1,433 25
5117 Greensborough Ct Detached $459,000 $508,000 1560 2
4 Abelard St Detached $539,900 $529,570 2430 6
1031 Oxford Dr Detached $559,900 $549,900 2384 358
86 Tanglewood Dr Detached $619,000 $562,000 3192 83
11 Del Prado St Detached $639,000 $600,000 2893 24
4908 Hastings Dr Detached $639,900 $635,000 2109 3
820 Lake Forest Dr Detached $675,000 $665,000 2676 5
5975 Newcastle Dr Detached $849,900 $755,000 3339 39
13612 Goodall Rd Detached $1,675,000 $1,615,000 4362 138
884 Northshore Rd Detached $2,500,000 $2,500,000 2628 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.

Market Activity Sept 18-24, 2017

We are enjoying a few of Oregon’s famous sunny fall days. It is practically perfect with cool breezes at night and beautiful 80 degree afternoons. I love the fall!

Last week in Lake Oswego the real estate market continued to chug along with 13 new listings, 19 houses go into pending status with accepted offers, and 10 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 18-24, 2017)

Address Type Price BR Baths Sq Ft
200 Burnham Rd #101 Condo $199,900 1 1 959
14401 Sherbrook Pl Attached $470,000 3 2.5 1828
14 Aquinas St Detached $525,000 3 3 2531
1503 Pine St Detached $629,900 5 3 2792
108 Ridgeway Rd Detached $649,000 3 1 1468
5875 Bonita Rd Detached $649,000 5 3.5 2650
2 El Greco St Detached $649,000 5 3 3057
5440 Bay Creek Dr Detached $695,000 4 2.5 2442
5562 Royal Oaks Dr Detached $700,000 4 2.5 2342
5665 Grand Oaks Dr Detached $914,900 5 3 4226
17104 Cedar Rd Detached $1,639,900 3 3 $3,345
1972 Cheryl Ct Detached $1,999,999 3 4.5 6952
1845 Highlands Loop Detached $2,795,000 4 3.5+.5 5001

Pending Sales (Sept 18-24, 2017)

Address Type Price BR Baths Sq Ft CDOM
45 Eagle Crest Dr #220 Condo $210,000 1 1 768 10
16250 Pacific Hwy #49 Condo $239,000 2 2 1305 9
154 Oswego Summit Condo $259,950 2 2 1506 117
16724 Roosevelt Ave Detached $399,999 3 1.5 1270 45
16219 Bonaire Ave Detached $419,900 4 2 1594 55
937 Country Club Rd Detached $464,500 3 1 1990 142
1515 Cloverleaf Rd Detached $475,000 3 2.5 2205 91
1940 Mapleleaf Rd Detached $495,000 3 1.5 1296 13
12729 19th Ave Detached $499,900 4 2 2700 120
1405 Cedar St Detached $515,000 4 2 2178 18
16580 Maple Circle Detached $549,000 4 1.5 2253 67
655 8th St Detached $625,000 3 2 1611 27
19080 Indian Springs Circle Detached $650,000 4 2 2406 217
4100 Coltsfoot Ln Detached $689,000 3 2.5 2840 38
19487 Dogwood Ct Detached $745,000 5 3 3105 15
17645 Oak Meadow Ln Detached $749,000 4 2.5 3723 93
16610 Woodsman Ct Detached $799,000 4 3 3462 8
456 Lake Bay Ct Detached $945,000 3 3 22393 2
3856 Upper Dr Detached $1,198,950 3 2.5 3093 100

Sold/Closed (Sept 18-24, 2017)

Address Type List Price Sold Price Sq Ft CDOM
16011 Lake Forest Blvd Detached $263,000 $265,000 2720 1
1599 Oak St Detached $549,000 $466,000 2,468 64
3707 Olson Ct Detached $675,000 $565,000 3,026 87
2405 Dellwood Dr Detached $600,000 $608,000 2336 82
5822 Bay Point Dr Detached $750,000 $705,000 3202 41
14370 Pfeifer Dr Detached $810,000 $810,000 3318 19
5322 Carman Grove Ln Detached $820,000 $820,000 2615 92
17572 Shepherds Ct Detached $887,500 $840,000 3044 58
5702 Meadowcreek Ct Detached $1,059,000 $1,040,000 3146 9
13560 Fielding Rd Detached $2,688,000 $2,450,000 5308 124

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.

News & Notes ~ Aug 2017 Data

Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture below:

  • According to the RMLS Market Action Report for the Portland Metro Area, August, 2017:
    • There were 4,048 New Listings in August 2017 which was down 3.7% from August of 2016’s 4,203, and down the same 3.7% from July of 2017’s total of 4,202.
    • At 3,034, August Closed Sales were up 1.1% from August 2016’s 3,001, and up 8.6% from the previous month/July 2017’s total of  2,793.
    • August Pending Sales (accepted offers), at 3,072 dropped 7.6% from August of 2016’s 3,325, and edged up 1.1% from the previous month/July 2017’s total of 3,040.
    • The Average Sale Price in August of $436,400 was up $36,300 from August 2016’s $400,100, and down from June 2017’s $447,400 by $11,000.                      

August Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $436,400               9.1% (July $401,100)
  • NE Portland:  $460,100                  11.1% (July $497,000)
  • SE Portland:  $391,200                   8.8% (July $404,100)
  • Gresham/Troutdale:   $333,300     9.8%  (July $327,600)
  • Milwaukie/Clackamas:  $420,300 12.0% (July $423,100)
  • Oregon City/Canby:   $394,800      8.1% (July $392,800)
  • Lake Oswego/West Linn:$713,800 8.6%(July $741,100)
  • West Portland:    $567,100             6.7%  (July $610,900)
  • NW Washington County:$526,500 10.4%(July $536,000)
  • Beaverton/Aloha:     $376,800        9.9%  (July $380,900)
  • Tigard/Wilsonville:   $439,300        5.9% (July $440,700)
  • Hillsboro/Forest Grove: $382,800 13.0% (June $385,100)

The combined areas of Lake Oswego and West Linn  for the month of August 2017 reported:

    •  482 Active Listings   
    •  252 New Listings     
    •  148 Pending Sales   
    •  163 Closed Sales  
    • Average Sale Price for August: $713,800  
      • 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.
    • Average Time on the Market: 38 Days   

 

Market Activity ~ Sept 11-17, 2017

Last week saw 10 New properties enter the market in Lake Oswego, 24 move to Pending status, and 19 “Closed”/Sold.  Seasonally, roughly half of the New listings were “refreshed”. We take those out for our Property Blotter readers so that you are seeing what is actually “new” on the market.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Sept 11-17, 2017)

Address List Price # Beds # Baths Total SF Prop Type
1675 HALLINAN ST $499,900 3 2.1 2450 DETACHD
19 WESTRIDGE DR $649,100 4 2.1 3711 DETACHD
18410 DEERBRUSH AVE $659,000 4 2.1 2246 DETACHD
18000 WESTMINSTER DR $699,900 3 2.1 2679 DETACHD
1555 COUNTRY CMNS $1,089,000 4 2.1 4191 DETACHD
718 MAPLE ST $1,265,000 3 2.1 4023 DETACHD
18639 PILKINGTON RD $1,375,000 4 4 4148 DETACHD
1923 MAPLELEAF CT $1,400,000 4 2.1 3190 DETACHD
16819 GREENBRIER RD $1,799,900 4 4 3022 DETACHD
1115 LAKE FRONT RD $1,995,000 4 4 4245 DETACHD

PENDING SALES (Sept 11-17, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
562 S STATE ST/Upper $259,000 1 1 778 CONDO 17
210 S STATE ST #1 $340,000 2 1.1 1767 CONDO 118
30 WHEATHERSTONE $399,950 3 2.1 1692 ATTACHD 5
18964 REDWING WAY $449,900 3 1.1 1406 DETACHD 31
13188 VERMEER DR $486,500 3 2.1 1854 DETACHD 19
1931 KILKENNY RD $525,000 4 2.1 2411 DETACHD 68
3393 TEMPEST DR $549,000 3 3 2490 DETACHD 162
720 BRIERCLIFF LN $559,900 3 3 2152 DETACHD 41
768 7TH ST $565,000 3 2 1359 DETACHD 68
3554 TEMPEST DR $599,000 3 2.1 2279 DETACHD 60
2442 PALISADES CREST DR $599,900 4 2.1 2707 DETACHD 132
4949 MULHOLLAND DR $625,000 2 2.1 2403 ATTACHD 25
8 WESTMINSTER DR $645,000 3 2.1 2689 DETACHD 86
44 Nova CT $649,000 4 2.1 2798 DETACHD 330
18439 DEERBRUSH AVE $674,900 4 2.1 2694 DETACHD 144
5228 LOWER DR $749,900 4 2.1 2712 DETACHD 140
913 SUNNY HILL DR $765,000 6 3.1 4196 DETACHD 7
17325 OAK MEADOW LN $769,000 4 2.1 3157 DETACHD 84
19067 MEGAN PL $784,900 4 3 3400 DETACHD 99
15956 PARKER RD $824,000 3 2.1 3200 DETACHD 54
1075 SCHUKART LN $899,000 4 2.1 3452 DETACHD 35
230 3RD ST $1,299,900 4 3 3003 DETACHD 33
16938 ALDER CIR $1,795,000 4 3.1 3241 DETACHD 122
16828 ALDER CIR $1,795,000 3 3 2363 DETACHD 1

SOLD (Sept 11-17, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
1198 BOCA RATAN DR $375,000 $371,500 2 2.1 1729 ATTACHD 40
4 PEACOCK PL $450,000 $429,900 3 2.1 1890 DETACHD 65
18305 FERNBROOK CT $475,000 $456,000 3 2 1300 DETACHD 37
4700 LOWER DR $464,900 $477,500 3 2.1 1743 DETACHD 3
14246 CAMDEN LN $519,900 $480,000 3 2.1 1933 DETACHD 51
4867 SAGE HEN WAY $585,000 $585,000 4 2.1 2523 DETACHD 27
2352 OAKHURST LN $679,900 $667,500 4 2.1 3210 DETACHD 11
4336 GLACIER LILY ST $699,990 $675,000 4 2.1 3381 DETACHD 21
6081 CLAIRMONT CT $710,000 $675,000 4 2.1 2680 DETACHD 63
7050 CHILDS RD $749,000 $699,000 3 2 2108 DETACHD 20
662 7TH ST $750,000 $735,000 3 2 1461 DETACHD 11
4991 CASCARA LN $825,000 $809,000 4 3.1 3648 DETACHD 74
3909 BASS LN $919,950 $910,000 5 3.1 3876 DETACHD 53
4745 LAMONT WAY $1,025,000 $1,001,000 4 3.1 3176 DETACHD 41
14045 CHELSEA DR $1,098,000 $1,024,000 4 4 4100 DETACHD 19
17376 BERGIS FARM DR $1,069,000 $1,050,000 4 3.1 4396 DETACHD 315
3519 LAKE GROVE AVE $1,179,000 $1,185,000 4 2.1 3119 DETACHD 47
13961 KNAUS RD $2,487,500 $2,487,500 4 4.2 6614 DETACHD 155
17388 CEDAR RD $2,650,000 $2,600,000 4 3.1 4633 DETACHD 24

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.

Market Activity Sept 4-10, 2017

Last week in Lake Oswego there were 18 new listings, 15 properties that accepted offers and went into pending status, and 11 homes that sold and became closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 4-10, 2017)

Address Type Price BR Baths Sq Ft
61 Oswego Summit Condo $219,900 2 2 1212
119 Oswego Summit Condo $220,000 2 2 1212
200 Cervantes Condo $224,000 3 1.5 1138
200 Burnham Rd #303 Condo $230,000 2 1 1199
668 McVey Ave #47 Condo $249,900 1 1 626
5225 Jean Rd #303 Condo $270,000 2 2 1200
4085 Jefferson Pkwy Condo $309,900 2 2.5 1302
17040 Summer Pl Detached $649,900 4 2.5 3186
17360 Hunter Ct Detached $679,000 4 2.5 3272
19487 Dogwood Ct Detached $745,000 5 3 3105
4376 Snowbrush Ct Detached $899,000 5 2.5 $4,173
17503 Cherry Ct Detached $985,000 4 3.5 4267
1299 Country Commons Detached $1,239,000 4 4.5 3710
18137 Meadowlark Ln Detached $1,469,000 4 4.5 5306
12834 Alto Park Rd Detached $1,475,000 4 3.5+.5+.5 3973
54 Wilbur St Townhouse $1,479,000 3 3.5 3600
610 4th St Detached $1,565,000 4 2.5 3394
1103 Lake Shore Rd Detached $2,795,000 3 3 3747

Pending Sales (Sept 4-10, 2017)

Address Type Price BR Baths Sq Ft CDOM
47 Eagle Crest Dr #36 Condo $179,000 2 1 932 9
4 Touchstone Dr #124 Condo $210,000 3 2.5 1350 60
58 Oswego Summit Condo $237,999 2 2 1212 57
198 Cervantes Attached $309,000 2 1.5 1266 9
7 St Helens Circle Detached $400,000 2 2 1275 3
5495 Tree St Detached $409,800 3 1.5 1388 51
668 McVey Ave #61 Condo $465,000 3 1.5 992 342
31 Da Vinci St Detached $520,000 4 2.5 2232 48
2734 Orchard Hill Ln Detached $574,500 4 2.5 2814 246
1811 Kilkenny Dr Detached $585,000 4 3 3794 61
4597 Black Forest Ct Detached $589,900 4 2.5 2171 8
14371 Sherbrook Pl Detached $599,900 3 2.5 2550 39
4908 Hastings Dr Detached $639,900 3 2.5 2109 3
4728 Lakeview Blvd Detached $699,900 5 3.5 2867 116
103 Garibaldi St Detached $799,000 4 3.5 3940 156

Sold/Closed (Sept 4-10, 2017)

Address Type List Price Sold Price Sq Ft CDOM
15 Crestfield Ct Condo $125,000 $125,638 552 134
458 State St 2C Condo $225,000 $220,000 800 34
185552 Edgewood Ct Detached $410,000 $295,000 1,070 48
1705 Conifer Dr Detached $425,000 $425,000 1774 65
1121 Devon Ln Detached $523,720 $523,720 2968 170
17064 Rebecca Ln Detached $699,900 $685,000 2813 14
5355 Carman Grove Ln Detached $799,500 $799,500 2626 109
889 Evergreen Rd Detached $799,900 $808,000 1935 10
4189 Chad Dr Detached $998,500 $899,000 4137 35
13052 Knaus Rd Detached $1,079,000 $1,025,000 3026 71
12812 Goodall Rd Detached $1,995,000 $1,745,000 4808 56

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.