Tag: Holidays in Portland

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Market Activity ~ Nov 11-17, 2019

There are a total of 204 homes for sale right now in Lake Oswego. Last week 13 New properties entered the market, 12 moved to Pending status, and 17 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Nov 11-17, 2019)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWYbb #52 $168,950 1 1 617 CONDO
9 OSWEGO SMT/Lower $180,000 1 1 764 CONDO
54 CERVANTES CIR/Grnd $205,000 2 1.1 912 CONDO
86 KINGSGATE RD #H201 $221,000 2 2 840 CONDO
65 OSWEGO SMT/Upper $245,000 2 2 1140 CONDO
17 SUMMIT RIDGE CT $325,000 2 2.1 1844 TOWNHSE
1010 LAUREL ST $559,900 2 2 2498 DETACHD
304 6TH ST $575,000 1 1 941 DETACHD
17721 OVERLOOK CIR $739,900 4 2.1 3172 DETACHD
5006 UPPER DR $1,300,000 4 3.1 3284 DETACHD
707 LAKE SHORE RD $1,925,000 3 3.1 2689 DETACHD
17313 BLUE HERON RD $2,069,000 4 2.2 3454 DETACHD
1190 FAIRWAY RD $2,599,000 4 4.1 5855 DETACHD

PENDING SALES (Nov 11-17, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16200 PACIFIC HWY #6 $419,500 2 2 1190 CONDO 2
4510 LOWER DR B1 $425,000 3 2.1 1729 CONDO 30
1775 CLOVERLEAF RD $549,900 4 2.1 2238 DETACHD 5
3903 TEMPEST DR $579,000 3 2.1 2410 DETACHD 138
5554 ROYAL OAKS DR $595,000 3 2 1861 DETACHD 3
500 MAPLE ST $599,500 3 2.1 2567 DETACHD 153
15008 TWIN FIR RD $689,900 5 3.1 3532 DETACHD 125
5709 CHARLES CIR $725,000 4 2.1 2912 DETACHD 109
1952 EGAN WAY $864,000 3 3 2961 DETACHD 167
14711 UPLANDS DR $1,150,000 4 4.1 3327 DETACHD 931
2311 PALISADES CREST DR $1,249,000 4 2.1 4903 DETACHD 88
3122 UPPER DR $1,299,000 4 4 3939 DETACHD 196

SOLD (Nov 11-17, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
65 GALEN ST / Main $184,000 $180,000 1 1 689 CONDO 18
4 TOUCHSTONE #69 $186,000 3 3 1351 CONDO 20
5225 JEAN RD #403 $279,000 $277,000 2 2 1200 CONDO 10
6 THE GROTTO $425,000 $425,000 3 2 1381 DETACHD 5
6216 WAYZATA CT $440,000 $425,000 3 2 1261 DETACHD 86
5944 BURMA RD $549,000 $547,000 3 2 1409 DETACHD 6
14363 CAMDEN LN $579,000 $584,000 4 2.1 2438 DETACHD 4
79 GREENRIDGE CT $595,000 $584,000 3 2 1642 TOWNHSE 9
1550 BEDFORD CT $624,000 $590,000 2 2.1 2359 DETACHD 404
17573 BLUE HERON CT $625,000 $605,000 4 3 2464 DETACHD 87
45 BECKET ST $650,000 $610,000 3 2.1 2653 DETACHD 78
2103 RIDGEWOOD RD $657,000 $657,000 4 2 1648 DETACHD 3
13 Da Vinci ST $725,000 $690,000 5 3.1 3815 DETACHD 16
5206 ROYAL OAKS DR $735,000 $720,000 5 3.1 2985 DETACHD 126
17701 WESTVIEW DR $750,000 $867,000 3 3 2115 DETACHD 3
2937 RIVENDELL RD $1,200,000 $1,095,000 3 3.1 4965 DETACHD 166
15880 OSWEGO SHORE CT $1,499,000 $1,415,000 4 3.1 4084 DETACHD 561

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

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This Week in Lake Oswego ~ Nov 11-17, 2019

Here are my picks for things happening this week!

Mon, Nov 11, 2019– 11:00AM-12:00PM –  Veterans Day Memorial Ceremony  ~ Lake Oswego honors our Veterans with a Ceremony including presentations and a fly-over at Foothills Park, 199 Foothills Drive – Info: CLICK HERE

Tue, Nov 12 2019 –  7:00-8:00PM – Pints from the Past  presents “Chop Suey for All: Chinese Cooks in Oregon” ~ Richard Engeman is a historian and archivist with a deep and wide understanding of the history of the northwest. He’ll present the story of Chinese immigrants from 1850 to the present!~ Lake Theater & Cafe, 106 N State St-  Info:  CLICK HERE  

Wed, Nov 13, 2019 – 1:00-2:00PM – Celtic Music Concert – Andrea and the Bad Wolves!  ~ This Welsh Folk revival band share exciting arrangements of traditional folk songs from Wales, Cornwall and Scotland. ~ Lake Oswego Public Library, 706 Fourth St-Info:  CLICK HERE     

Thu, Nov 14, 2019 10:30-11:00AM – Fun for Ones! Storytime for One-Year-Olds  ~ Join this group for a story, music and fun! (every Thursday) ~ Lake Oswego Public Library, 706 Fourth St –Info:   CLICK HERE

Fri, Nov 15, 2019 9:30-10:30AM –Little Masters ~ Parents and 2-5 year olds play in the art room! (every Friday) ~ CCP, 1060 Chandler Rd – Info: CLICK HERE

Sat, Nov 16 2019 – 4:00-6:00PM ~ Cork Art! This program lets adults create a variety of Cork Art projects from wine charms to garden art! ~CCP, 1060 Chandler Rd –Info: CLICK HERE 

Sun, Nov 17 2019 – 1:00-3:00PM ~ Iron Mountain Stewardship Work Party ~  Give nature a helping hand by removing invasive species and more, plus… get to know your Lake Oswego neighbors! ~ Iron Mountain Park –   Info : CLICK HERE 

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Market Activity ~ Oct 28-Nov 4, 2019

There are a total of 220 homes for sale right now in Lake Oswego. Last week 7 New properties entered the market, 22 moved to Pending status, and 15 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 28-Nov 4, 2019)

Address List Price # Beds # Baths Total SF Prop Type
12862 BOONES FERRY RD #114 $378,500 2 2.1 1136 CONDO
4282 WOODSIDE CIR $385,000 2 2 1444 ATTACHD
16377 KIMBALL ST $399,900 3 1 1200 DETACHD
100 LEONARD ST / Upper $664,000 3 2 1736 CONDO
8 DOVER WAY $1,500,000 6 4.2 6118 DETACHD
736 SOUTHVIEW RD $3,398,000 4 3.2 4639 DETACHD
460 SW BERGIS RD $7,999,000 6 4.1 5114 DETACHD

PENDING SALES (Oct 28-Nov 4, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
82 GALEN ST $175,000 1 1 690 CONDO 36
4 TOUCHSTONE #130 $200,000 2 2 984 CONDO 25
3968 CARMAN DR $299,900 2 2.1 1107 CONDO 35
18 BRITTEN CT $425,000 3 2.1 1972 ATTACHD 19
17761 DEEMAR WAY $448,000 3 2 1610 DETACHD 179
15003 TWIN FIR RD $492,000 2 1 984 DETACHD 7
1716 ASPEN CT $515,000 3 2 1528 DETACHD 9
14498 CAMDEN LN $549,900 4 2.1 1918 DETACHD 91
16106 LAKE FOREST BLVD $549,900 3 1.2 3440 DETACHD 482
79 GREENRIDGE CT $595,000 3 2 1642 TOWNHSE 9
4981 HAMPTON CT $619,000 4 2.1 2440 DETACHD 60
14201 DOLPH CT $624,999 3 2 1916 DETACHD 91
34 MORNINGVIEW CIR $679,000 4 2.1 2942 DETACHD 36
18381 HEATHER ANN CT $696,000 4 2.1 2983 DETACHD 315
573 2ND ST / Upper $789,000 2 2.1 1748 CONDO 148
654 1ST ST $799,900 2 2.1 2140 CONDO 167
1451 GREENTREE CIR $875,000 4 3.1 2300 DETACHD 84
4105 PFEIFER CT $882,000 5 2.1 4176 DETACHD 425
2013 RIDGEWOOD RD $1,025,000 5 3.1 4116 DETACHD 231
994 COUNTRY CMNS $1,225,000 4 2.1 3968 DETACHD 180
15566 VILLAGE PARK CT $1,378,000 5 3.1 4855 DETACHD 386
15880 OSWEGO SHORE CT $1,499,000 4 3.1 4084 DETACHD 561

SOLD (Oct 28-Nov 4, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #33 $274,900 $270,000 2 2 1103 CONDO 2
32 CONDOLEA DR / Main $359,900 $330,000 2 2 1420 CONDO 56
16494 INVERURIE RD $479,000 $450,000 3 1 1302 DETACHD 68
2305 GLEN HAVEN RD $501,300 $501,300 2 2 1580 DETACHD 0
336 LIVINGOOD LN $575,000 $505,000 4 2.1 2392 DETACHD 194
13242 VERMEER DR $549,000 $540,000 3 2.1 2100 DETACHD 7
16921 KARA LN $620,000 $607,000 3 2.1 2382 DETACHD 71
16 ABELARD ST $625,000 $610,000 5 3 3012 DETACHD 31
18833 INDIAN CREEK AVE $619,900 $619,900 4 2.1 2301 DETACHD 15
30 WESTRIDGE DR $659,900 $650,000 4 3 3290 DETACHD 27
1255 BAYBERRY RD $859,000 $765,000 3 2 1910 DETACHD 116
19333 RIVERWOOD LN $925,000 $869,500 4 3 3110 DETACHD 96
1715 EDGECLIFF TER $1,625,000 $1,550,000 4 4.1 4927 DETACHD 372
13132 Thoma RD $2,469,900 $2,180,000 5 4.1 5362 DETACHD 144
910 NORTHSHORE RD $4,195,000 $4,125,000 5 6.1 5203 DETACHD 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.

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News & Notes ~ Sept 2019 Numbers

Here is your look at the most recent data for the entire Portland area (September 2019) and how Lake Oswego fits in to this picture just below.

According to the RMLS Market Action Report for the Portland Metro Area, September, 2019:

  • There were 3,470  New Listings in September 2019 which was down 3.8%  from September of 2018’s 3,606, and  7.6% from the previous month/August’s 3,757.
  • At 2,377 September 2019’s Closed Sales rose at 4.6% higher than September 2018’s 2,272, and  fell 18.1% from the previous month/August 2019’s total of 2,901.
  • September 2019’s Pending Sales (accepted offers), at 2,686 were up  8.7% from September of 2018’s 2,471, but fell 8.3% short from the previous month/August 2019’s total of  2,929.
  • The Average Sale Price in September 2019 of $458,400 up $10,600 over last year/September 2018’s $447,800, and down $4,200 from the previous month/August 2019’s $462,600.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in September 2019 of $410,000 was up from last year/September 2018’s $392,500 by $17,500, and down $7,500 from the previous month/August 2019’s $417,500.   

Neighborhoods: September’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $422,300            0.2%   (Aug $440,400)
    •                                                     YTD Median: $408,0500
  • NE Portland:  $481,600                   2.6%   (Aug $506,200)
    •                                                     YTD Median: $430,000
  • SE Portland:  $422,600                   1.4%   (Aug $424,000)
    •                                                     YTD Median: $375,000
  • Gresham/Troutdale:   $368,800     4.3%   (Aug $372,500)
    •                                                     YTD Median: $350,000
  • Milwaukie/Clackamas:  $442,000  3.3%   (Aug $449,000)
    •                                                     YTD Median: $419,000
  • Oregon City/Canby:   $437,400      4.6%   (Aug $435,800)
    •                                                     YTD Median: $415,000
  • Lake Oswego/West Linn:$680,900  0.8%  (Aug $685,500)
    •                                                      YTD Median: $589,500
  • West Portland:    $593,700             -1.8%  (Aug $578,000)
    •                                                     YTD Median: $520,000
  • NW Wash County:  $534,800         -1.2%   (Aug $535,100)
    •                                                      YTD Median: $515,000
  • Beaverton/Aloha:     $408,100       5.0%   (Aug $406,800)
    •                                                     YTD Median: $390,000
  • Tigard/Wilsonville:   $465,900        1.5%   (Aug $465,200)
    •                                                      YTD Median: $440,000
  • Hillsboro/Forest Grove: $411,300  4.2%   (Aug $416,000)
    •                                                      YTD Median: $384,900

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of September 2019 reported:

    •  405 Active Listings  (Aug 452)
    •  162 New Listings     (Aug 199)
    •  128 Pending Sales   (Aug 140)
    •  120 Closed Sales      (Aug 187)
    • Average Sale Price for September: $680,900  (Aug $685,500)
      • 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.
    •  58 Average Days on the Market   (Aug 76)

 

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Selling and Buying in the Fall

Fall is a time that makes us feel like being home. We watch the leaves change, take strolls in the cooling weather, maybe turn our furnaces on for the first time in awhile, or enjoy a fire in the evening if we have a fireplace.

For all these reasons Fall can be a wonderful time to sell a home. When Buyers are looking, it is always an emotional “Home-feeling” reaction that causes them to make an offer on any particular property. As a Seller, you can maximize this with warmth and homey-touches.

A few things to do if you’re selling in the Fall:
– Rake your leaves & detail your yard
– Clean your gutters
– Freshen the interior and add seasonal touches to the decor
– Service your furnace
– Attend to any moss on the roof (do NOT power-wash as this can damage the shingles. A brush works wonders.)
– Touch-up paint
– Clean the deck (decks can be slippery in the Fall)

Fall is also a fabulous time to be a Buyer. There is plenty of inventory, and right now in particular, though it is not an exclusively Seller’s- or Buyer’s- Market per se, there has been a leveling of prices that’s occurred this year, and the current environment is very friendly to both sides in a transaction as it allows all parties to get more of a feeling of getting what they want in the end. On the Buyer-side, Sellers tend to be more willing to work with Buyers and often are interested in Closing before the end of the year or more importantly, the Holidays! That gives you the opportunity to offer things they want in the way of terms, so its not **all** about price for Sellers at this time of year. I bought my own Lake Oswego home and moved in in time for Thanksgiving! That was a holiday season I will never forget.

As always, please feel free to call on Dianne or myself to help you if you want to get into a home or sell one before the Holidays!

Very Best,
Linda