Tag: home

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Market Activity ~ Jan 20-26, 2020

Last week in Lake Oswego, 4 New properties entered the market, 13 moved to Pending status, and 6 were “Closed”/Sold. We also have 135 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 20-26, 2020)

Address List Price # Beds # Baths Total SF Prop Type
107 OSWEGO SMT/Grnd $214,900 2 1.1 1116 CONDO
157 6TH ST $1,549,000 4 3.1 3614 DETACHD
667 LAKE BAY CT $1,699,900 4 3.1 3616 DETACHD
1350 Andrews RD $2,150,000 3 3.1 3377 DETACHD

PENDING SALES (Jan 20-26, 2020)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1470 BOCA RATAN DR $378,888 4 2 1867 ATTACHD 200
4 THE GROTTO $419,000 3 2.1 1534 DETACHD 256
3802 SOUTHSHORE BLVD $550,000 3 2 1908 DETACHD 2
5207 ROSEWOOD ST $559,900 3 2 1438 DETACHD 5
14480 CAMDEN LN $650,000 3 2.1 2069 DETACHD 4
18006 GIMLEY CT $688,000 5 4 3110 DETACHD 3
19262 Pilkington RD $699,900 3 2.1 2194 CONDO
14253 KIMBERLY CIR $850,000 4 3.1 3527 DETACHD 40
1691 VILLAGE PARK LN $998,000 4 3.1 3980 DETACHD 10
1692 VILLAGE PARK LN $1,198,000 4 3.1 3581 DETACHD 171
1976 HIGHLANDS LOOP $1,650,000 4 3.2 4881 DETACHD 310
162 BERWICK RD $2,199,900 4 4.1 4227 DETACHD 80
17675 CARDINAL DR $2,295,000 4 3 3458 DETACHD 185

SOLD (Jan 20-26, 2020)

Address Opning Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4085 JEFFERSON PKWY $339,000 $306,000 2 2.1 1302 CONDO 85
12862 BOONES FERRY RD #114 $378,500 $378,500 2 2.1 1136 CONDO 47
14024 EDENBERRY CT $860,000 $870,000 4 2.1 3183 DETACHD 3
3 DOVER WAY $999,000 $880,000 5 3.2 4988 DETACHD 130
4350 LORDS LN $1,395,000 $1,395,000 5 4 3888 DETACHD 5
6720 CHILDS RD $1,850,000 $1,715,000 4 4.1 6898 DETACHD 153

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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Oswego Heritage Council

I am a big fan of history and I really appreciate it when it is well preserved and appreciated. Lake Oswego history is quite fascinating. The town was originally founded as a result of the discovery of iron ore in hills where Iron Mountain Drive now runs. The ore was brought down out of the mountain, loaded onto barges and taken across the lake to the Willamette River where it was smelted into usable iron.

While LO never did actually become “the Pittsburgh of the West”, it did get it’s start as a company town that evolved into a vacation town for folks in Portland, and eventually into what it is today with a population of just under 40,000 people.

Preserving the history of the town is the focus of the Oswego Heritage Council. Located as 398 10th Street in downtown LO, the council is located in an elegant formal residence that houses a museum, meeting rooms and a formal garden. There is a permanent exhibit as well as rotating exhibits. Currently being shown is the Bickner and Woodward family collection of photographs from 1919-1921. The museum is open Monday, Tuesday, and Thursday from 10-3. It is free.

The council is a 501 (c)(3) non profit. It is financed by the efforts of the council itself. In keeping with it historic mission, these efforts are primarily well known and respected annual events that include a classic car and boat show in August and a home and garden tour in June.

The facility is also available for rent. It’s suitable for meetings, luncheons, and small weddings.

As always, thanks for reading,
Dianne

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Market Activity Jan 13-19, 2020

Last week in Lake Oswego there were 5 new listings that came onto the market, 15 properties that had offers received and accepted to go into pending status, and 12 closed/sold.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 13-19, 2020)

Address Type Price BR Baths Sq Ft
45 Oswego Summit Condo $210,000 1 1 764
48 Eagle Crest Dr 5F Condo $264,900 2 2 1370
45 Eagle Crest #200 Condo $265,000 3 2 1348
100 Leonard St #3-4 Condo $634,000 3 2 1736
885 8th St Detached $949,000 3 2 1730

Pending Sales (Jan 13-19, 2020)

Address Type Price BR Baths Sq Ft CDOM
38 Oswego Summit Condo $199,900 1 1 902 118
4000 Carman Dr #19 Condo $210,000 1 1 836 5
3433 McNary Pkwy #301 Condo $219,000 2 2.5 1208 128
19230 Redwing Ct Detached $455,000 4 2.5 1842 1
15003 Twin Fir Rd Detached $492,000 2 1 984 88
2931 Vale Ct Detached $557,800 3 2.5 2311 4
17199 Warren Ct Detached $569,900 3 2 1750 44
14383 Holly Springs Rd Detached $585,000 5 2.5 2238 2
1611 Lee St Detached $599,900 3 2.5 2539 58
15815 Allison Pl Detached $825,000 4 2.5 3559 216
14865 Twin Fir Ct Detached $849,500 5 3 3161 256
15203 Lily Bay Ct Detached $870,000 4 2.5 3219 229
1405 Country Commons Ln Detached $1,100,000 4 3 4083 142
878 7th St Detached $1,350,000 4 3.5 3017 7
1100 Bayberry Rd Detached $1,597,500 3 3 3507 105

Sold/Closed (Jan 13-19, 2020)

Address Type List Price Sold Price Sq Ft CDOM
213 Cervantes Condo $229,999 $214,000 1216 115
5060 Foothills Dr B Condo $350,000 $348,000 1,252 70
5989 Langford Ln Condo $569,000 $550,000 1794 4
4511 Oakridge Rd Attached $639,900 $614,500 2129 51
440 9th St Detached $688,000 $620,000 2475 136
17618 Blue Heron Rd Detached $795,000 $765,000 2413 77
17821 Hillside Way Detached $848,000 $770,000 3480 89
135 Furnace St Condo $870,000 $820,000 1927 74
939 F Ave Detached $975,000 $975,000 1706 0
18989 Pilkington Rd Detached $1,224,700 $1,189,950 3640 418
961 Terrace Dr Detached $3,200,000 $2,700,000 5542 838
919 Westpoint Rd Detached $4,600,000 $3,899,000 4858 815

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 ~ Dec 2019 Numbers

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

Inventory dropped a bit in December, but this is to be expected at the holidays. By the same token New Listings and Pending Sales took some steep dives from November, but all numbers are up from last year to varying degrees.  Year-end Average and Median Sales Prices were up modestly from 2018. Neighborhoods are broken out below.

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

  • There were 1,270  New Listings in December 2019 which was up 1.2%  from December of 2018’s 1,255, and  dropped 40.0% from the previous month/November’s 2,118.  (Pssst…holidays.)
  • At 2,213, December 2019’s Closed Sales were up 19.9% over December 2018’s 1,846, and also up 1.0% from the previous month/November 2019’s total of 2,191.
  • At 1,772, December 2019’s Pending Sales rose 10.8% over December 2018’s 1,599, and fell 22.1% from the previous month/November 2019’s total of 2,274.
  • The Average Sale Price in December 2019 of $457,700 up $19,100 from last year/December 2018’s $438,600, and down $4,900 from the previous month/November 2019’s $462,600.  
    • Year-to-Date for End-2019 is $459,200
    • Year-to-Date for End-2018 WAS $452,400
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in December 2019 of $405,000 was up from last year/December 2018’s $390,000 by $15,000, and down $10,000 from the previous month/November 2019’s $415,000.   
    • Year-to-Date for End-2019 is $410,000
    • Year-to-Date for End-2018 WAS $400,000

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

  • North Portland:  $440,200           0.1%   (Nov $453,100)
    •                                                     YTD Median: $409,000
  • NE Portland:  $460,800                   1.8%   (Nov $466,000)
    •                                                     YTD Median: $425,000
  • SE Portland:  $409,000                   1.7%   (Nov $422,200)
    •                                                     YTD Median: $375,000
  • Gresham/Troutdale:   $370,100     4.8%   (Nov $380,800)
    •                                                     YTD Median: $350,300
  • Milwaukie/Clackamas:  $441,300  3.0%   (Nov $450,000)
    •                                                     YTD Median: $419,000
  • Oregon City/Canby:   $446,500      4.1%   (Nov $437,900)
    •                                                     YTD Median: $415,000
  • Lake Oswego/West Linn:$732,400  2.6%  (Nov $718,200)
    •                                                      YTD Median: $590,000
  • West Portland:    $614,300             -2.2%  (Nov $608,900)
    •                                                     YTD Median: $525,000
  • NW Wash County:  $522,600         -0.8%   (Nov$512,000)
    •                                                      YTD Median: $511,000
  • Beaverton/Aloha:     $385,000       3.3%   (Nov$410,800)
    •                                                     YTD Median: $390,000
  • Tigard/Wilsonville:   $438,900        0.5%   (Nov $463,100)
    •                                                      YTD Median: $439,900
  • Hillsboro/Forest Grove: $420,400  4.9%   (Nov $411,700)
    •                                                      YTD Median: $385,000

LAKE OSWEGO:

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

    •  223 Active Listings (Nov 287)
    •   50 New Listings     (Nov  85)
    •   70 Pending Sales   (Nov  97)
    •  107 Closed Sales    (Nov 126)
    • Average Sale Price for December: $732,400  (Nov $718,200)
      • 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.
    •  109 Average Days on the Market   (Nov 101)

 

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Market Activity ~ Jan 6-12, 2020

Hello 2020!  Anecdotally, the word on the street is that the market is starting to heat up more like spring than January this year. Last week in Lake Oswego, 12 New properties entered the market, 13 moved to Pending status, and 11 were “Closed”/Sold. We also have 144 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 6-12, 2020)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #19 $210,000 1 1 836 CONDO
14446 HOLLY SPRINGS RD $529,900 3 2.1 1699 CONDO
76 GREENRIDGE CT $650,000 4 3.1 2868 ATTACHD
34 MORNINGVIEW CIR $662,900 4 2.1 2942 DETACHD
13479 FIELDING RD $949,000 4 2.1 3385 DETACHD
13483 FIELDING RD $949,999 4 3 3149 DETACHD
5340 GREYSTOKE DR $1,095,000 3 4 2955 DETACHD
6429 Mission CT $1,165,000 4 3.1 3182 DETACHD
1692 VILLAGE PARK LN $1,198,000 4 3.1 3581 DETACHD
878 7TH ST $1,350,000 4 3.1 3017 DETACHD
4357 SOUTHSHORE BLVD $3,100,000 5 5.1 5220 DETACHD
1415 SKYLAND DR $4,785,000 5 4.1 6085 DETACHD

PENDING SALES (Jan 6-12, 2020)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #94 $145,900 3 2.1 1351 CONDO 99
16317 BONAIRE AVE $369,900 3 1.1 1219 DETACHD 4
5057 W SUNSET DR $474,500 2 2.1 1720 ATTACHD 423
38 BRIARWOOD RD $500,000 7 2.2 2554 DETACHD 493
5095 OAKRIDGE RD $549,000 4 2 1743 DETACHD 3
2425 PRESTWICK RD $699,000 3 2 1464 DETACHD 46
4092 ORCHARD WAY $835,000 4 3.1 3591 DETACHD 140
5581 YORKSHIRE PL $898,500 5 2.1 3218 DETACHD 3
939 F AVE $975,000 3 3 1706 DETACHD 0
16800 LAKERIDGE DR $1,069,000 4 3 2369 DETACHD 138
762 3RD ST $1,100,000 3 2.1 2590 DETACHD 26
589 7TH ST $1,275,000 5 4.1 3657 DETACHD 181
4350 LORDS LN $1,395,000 5 4 3888 DETACHD 5

SOLD (Jan 6-12, 2020)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
42 OSWEGO SMT / Main $142,500 $152,500 1 1 764 CONDO 3
1581 BONNIEBRAE DR $365,000 $329,500 2 2 1393 ATTACHD 77
1010 LAUREL ST $559,900 $525,800 2 2 2498 DETACHD 36
2950 GREENTREE RD $517,500 $545,000 3 2 3002 DETACHD 13
3615 UPPER DR $600,000 $587,000 3 2 1529 DETACHD 37
1293 HIDE A WAY LN $585,000 $590,550 3 2.1 1720 DETACHD 10
1982 WEMBLEY PARK RD $824,900 $685,000 6 4 4561 DETACHD 164
4125 CASEY CT $1,195,000 $956,000 4 3.1 3728 DETACHD 179
15986 Parker RD $1,099,413 $963,800 4 3.1 3130 DETACHD
4840 LAMONT WAY $1,475,000 $1,324,000 5 3.1 3277 DETACHD 141
1159 LAKE FRONT RD $1,848,800 $1,675,000 5 4 3756 DETACHD 10

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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ARTmart is Back!

Lake Oswego is a very art oriented town. From the Gallery Without Walls, to the Lake Oswego Festival of the Arts, you have art in your life is you live in or regularly visit Lake Oswego.

A new tradition has been added to Lake Oswego’s legacy, ARTmart. Did you know that the Arts Council of Lake Oswego maintains a gallery space at 510 First Street in downtown LO? I’ve been to a couple of exhibits there. ARTmart is an exhibit in this gallery space, but it’s unique. It is a community event that encourages citizens to donate art that they are no longer displaying in their homes or businesses. The art is offered for sale with the proceeds going to fund outreach and education programs. Any unsold art is donated to Community Warehouse in Portland with the mission of providing art work to neighbors in need.

This is a great chance to clean out your own collection and then find something new to treasure. I love it!

You can donate art through January 14th. The exhibit runs through January 31st. Exhibit hours are Tuesday to Saturday, 11-5.

Art makes life better and this is a chance to help the community while also helping yourself.
Dianne

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Market Activity Dec 16, 2019-Jan 5, 2020

This market activity report is extremely encouraging. During the slowest part of the year for real estate sales, Lake Oswego had 26 houses go into pending status and 38 closed sales. Seriously, these are people who have busy lives and the holidays compounds that. Yet, they were out buying houses. That is a lot of activity over the holidays. Then notice that only 6 properties came onto the market during that same time period. I think this explains why 11 of the 26 pending sales had been on the market for over 100 days. 2 had been on the market for over 400 days! The inventory is low and that gave new life to some older listings. It is a great time to put your house on the market. Buyers are out there and houses are selling. Nice!

Following is the breakdown for you according to RMLS:

New on the Market (Dec 16, 2019-Jan 5, 2020)

Address Type Price BR Baths Sq Ft
4000 Carman Dr B31 Condo $265,000 2 2 993
3 Garibaldi St Detached $749,900 3 3 3137
13456 Provincial Hill Way Detached $875,000 3 2.5 3071
384 5th St Attached $899,900 2 3.5 1957
382 5th St Attached $899,900 2 3.5 1957
6463 Mission Ct Detached $1,165,000 3 3.5 3547

Pending Sales (Dec 16, 2019-Jan 5, 2020)

Address Type Price BR Baths Sq Ft CDOM
202 Cervantes Condo $190,000 2 2 890 212
213 Cervantes Condo $229,999 2 1.5 1216 115
124 Oswego Summit Condo $234,999 2 2 1140 233
668 McVey Ave #74 Condo $289,000 1 1 636 132
4085 Jefferson Pkwy Condo $319,000 2 2.5 1302 85
5060 Foothills Dr B Condo $350,000 2 2 1252 70
22 Condolea Dr Condo $385,000 2 2 1448 132
1408 Cedar St Detached $425,000 3 1 1104 1
4456 Sunset Dr Detached $495,000 4 2 2024 8
38 Briarwood RD Detached $500,000 7 2.5+.5 2554 483
2950 Greentree Rd Detached $517,500 3 2 3002 13
19211 Indian Springs Rd Detached $554,900 4 3 2132 350
1010 Laurel St Detached $559,900 2 2 2498 36
4045 Bass Ln Detached $599,000 4 2.5 2158 109
4511 Oakridge Rd Attached $629,000 3 2.5 2129 51
4221 Cobb Way Detached $679,900 3 2 1724 3
14024 Edenberry Ct Detached $860,000 4 2.5 3183 3
3 Dover Way Detached $910,000 5 3.5+.5 4988 130
4120 Canal Rd Detached $950,000 4 3.5 4104 88
13637 Westlake Dr Detached $1,129,500 4 4.5 3927 606
4316 Upper Dr Detached $1,150,000 4 3.5 4376 257
3962 Bass Ln Detached $1,290,000 4 3.5 3707 29
3250 Fir Ridge Rd Detached $1,349,000 4 3.5 3541 105
1290 Andrews Rd Detached $1,379,000 4 3 3610 11
19097 Bryant Rd Detached $1,499,900 4 4 3556 31
1159 Lake Front Rd Detached $1,848,800 5 4 3756 10

Sold/Closed (Dec 16, 2019-Jan 5, 2020)

Address Type List Price Sold Price Sq Ft CDOM
16 Crestfield Ct Condo $199,900 $175,000 552 309
4 Touchstone #76 Condo $180,000 $188,000 984 20
15938 Quarry Rd 5B Condo $225,000 $228,500 996 3
164 Oswego Summit Condo $249,000 $230,000 1383 116
3433 McNary Pdwy #107 Condo $235,000 $230,000 1008 6
200 Burnham Rd #400 Condo $234,900 $235,000 948 5
4000 Carman Dr C37 Condo $249,000 $235,000 836 34
4057 Jefferson Pkwy Attached $295,000 $293,000 1247 24
16250 Pacific Hwy #76 Condo $325,000 $325,000 1745 74
4282 Woodside Circle Attached $385,000 $325,000 1444 29
6315 Dawn St Detached $499,900 $465,000 1934 127
16946 Lower Meadows Dr Detached $525,000 $518,500 1792 20
3903 Tempest Dr Detached $640,000 $520,000 2410 138
1775 Cloverleaf Rd Detached $549,900 $549,900 2238 5
5554 Royal Oaks Dr Detached $595,000 $589,500 1861 3
12396 Clara Ln Detached $600,000 $600,000 2007 37
11 Falstaff St Detached $605,000 $605,000 3001 4
41 Tanglewood Dr Detached $659,900 $605,000 3001 162
4981 Hampton Ct Detached $619,000 $619,000 2440 60
5709 Charles Circle Detached $772,850 $712,000 2912 109
364 Northshore Rd Detached $769,000 $765,000 2220 10
4031 Orchard Dr Detached $795,000 $785,000 3271 89
1952 Egan Way Detached $1,200,000 $830,000 2961 191
13711 Melrose Pl Detached $919,000 $863,000 3742 108
615 Lake Bay Ct Detached $999,999 $875,000 2555 129
2151 Crest Dr Detached $975,000 $880,000 4690 139
1451 Greentree Circle Detached $929,900 $881,250 2300 84
19253 Childs Ct Detached $989,000 $912,000 2675 170
531 Laurel St Detached $985,000 $925,000 2771 128
17808 Hillside Way Detached $995,900 $975,000 3166 118
2013 Ridgewood Rd Detached $1,248,000 $1,020,000 4116 231
828 8th St Detached $1,188,000 $1,050,000 4116 231
1287 Bickner St Detached $1,195,000 $1,065,000 2665 158
1990 Indian Trail Detached $1,150,000 $1,099,000 3557 33
3177 Stonebridge Way Detached $1,598,000 $1,320,000 5097 406
3122 Upper Dr Detached $1,349,000 $1,320,000 3939 196
13596 Goodall Rd Detached $1,599,000 $1,579,000 3552 205
2020 Summit Dr Detached $3,000,000 $2,900,000 1740 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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Wishes of Peace

Dianne and I wish you and yours the happiest holiday ever!  Enjoy those things you treasure most, indulge in your fondest memories and go ahead… have that food that you usually do not. We wish for you that deep feeling of contentment that comes from the memories or the people or the combination of it all…  depending on your circumstances. Most of all we wish you a heart filled with a cherished, peaceful feeling. Maybe one from childhood where you could hear the big people still talking in the other room and knew you could fall asleep with all things well in the world. Whichever holiday you celebrate, we want you to know we truly appreciate you and will be thinking of you till we return from a little break. We’ll be back here with all the news and content we love to bring you about Lake Oswego after the New Year begins!

See you soon. May Peace reign in your life this holiday season~

Linda & Dianne

 

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News & Notes ~ Nov 2019 Numbers

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

Inventory is about the same as last month with a wide selection of homes still on the market in this now-holiday season. The biggest news in the overall numbers for November as compared with October is that almost everything is pretty nearly exactly the same, or at least not much has changed. The main exception would be the New & Closed numbers being down, but that is to be expected as we moved from October into the holiday season.

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

  • There were 2,118  New Listings in November 2019 which was down 8.3%  from November of 2018’s 2,310, and  30.9% from the previous month/October’s 3,064.
  • At 2,191, November 2019’s Closed Sales rose at 2.2% over November 2018’s 2,144, and fell 15.3% from the previous month/October 2019’s total of 2,588.
  • At 2,274, November 2019’s Pending Sales rose 19.4% over November 2018’s 1,904, and fell 11.7% from the previous month/October 2019’s total of 2,575.
  • The Average Sale Price in November 2019 of $462,600 up $13,700 from last year/November 2018’s $448,900, and up $1,200 from the previous month/October 2019’s $461,400.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in November 2019 of $415,000 was up from last year/November 2018’s $391,400 by $23,600, and up $4,500 from the previous month/October 2019’s $410,500.   

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

  • North Portland:  $453,100           0.1%   (Oct $408,000)
    •                                                     YTD Median: $409,000
  • NE Portland:  $466,000                   2.2%   (Oct $466,800)
    •                                                     YTD Median: $425,000
  • SE Portland:  $422,200                   1.7%   (Oct $422,000)
    •                                                     YTD Median: $376,000
  • Gresham/Troutdale:   $380,800     4.5%   (Oct $376,000)
    •                                                     YTD Median: $352,500
  • Milwaukie/Clackamas:  $450,000  3.0%   (Oct $431,600)
    •                                                     YTD Median: $419,300
  • Oregon City/Canby:   $437,900      4.2%   (Oct $438,100)
    •                                                     YTD Median: $411,000
  • Lake Oswego/West Linn:$718,200  1.4%  (Oct $763,800)
    •                                                      YTD Median: $590,000
  • West Portland:    $608,900             -2.6%  (Oct $627,500)
    •                                                     YTD Median: $525,000
  • NW Wash County:  $512,000         -1.8%   (Oct $573,800)
    •                                                      YTD Median: $515,000
  • Beaverton/Aloha:     $410,800       3.7%   (Oct $405,500)
    •                                                     YTD Median: $391,000
  • Tigard/Wilsonville:   $463,100        1.0%   (Oct $474,700)
    •                                                      YTD Median: $440,000
  • Hillsboro/Forest Grove: $411,700  4.5%   (Oct $420,700)
    •                                                      YTD Median: $385,000

LAKE OSWEGO:

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

    •  287 Active Listings  (Oct 354)
    •   85 New Listings     (Oct 129)
    •   97 Pending Sales   (Oct 126)
    •  126 Closed Sales      (Oct 106)
    • Average Sale Price for November: $718,200  (Oct $763,800)
      • 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.
    •  101 Average Days on the Market   (Oct 92)

 

Posted on

Market Activity ~ Dec 9-15, 2019

Last week 6 New properties entered the market, 15 moved to Pending status, and 11 were “Closed”/Sold. We also have 161 homes for sale right now in Lake Oswego this week before Christmas.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 09-15, 2019)

Address List Price # Beds # Baths Total SF Prop Type
17635 DEEMAR WAY $549,000 4 2 1488 DETACHD
3 BECKET ST $699,900 4 2.1 4285 DETACHD
14253 KIMBERLY CIR $895,000 4 3.1 3527 DETACHD
762 3RD ST $1,100,000 3 2.1 2590 DETACHD
1159 LAKE FRONT RD $1,848,800 5 4 3756 DETACHD
4660 UPPER DR $1,895,000 5 3.1 3898 DETACHD

PENDING SALES (Dec 09-15, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
54 CERVANTES CIR / Grnd $205,000 2 1.1 912 CONDO 29
164 OSWEGO SMT / Upper $244,900 2 2 1383 CONDO 116
5054 FOOTHILLS DR, H $320,000 3 2 1252 CONDO 107
12862 BOONES FERRY RD #114 $378,500 2 2.1 1136 CONDO 47
1122 ERICKSON ST $495,000 3 2 1511 DETACHD 4
3241 PHYLLIS CT $525,000 4 3 2674 DETACHD 8
30 BECKET ST $544,999 3 2 2077 DETACHD 113
3615 UPPER DR $600,000 3 2 1529 DETACHD 37
3735 UPPER DR $620,000 4 2 1770 DETACHD 3
41 TANGLEWOOD DR $632,500 4 3 3001 DETACHD 162
1982 WEMBLEY PARK RD $674,000 6 4 4561 DETACHD 164
17821 HILLSIDE WAY $785,000 4 3.1 3480 DETACHD 89
17618 BLUE HERON RD $795,000 4 2 2413 DETACHD 77
1952 EGAN WAY $864,000 3 3 2961 DETACHD 191
135 FURNACE ST / Upper $870,000 2 2.1 1927 CONDO 74

SOLD (Dec 09-15, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
82 GALEN ST / Upper $175,000 $180,000 1 1 690 CONDO 36
219 CERVANTES, #219 $229,000 $225,000 2 2 1100 CONDO 135
4510 LOWER DR, B1 $425,000 $410,000 3 2.1 1729 CONDO 30
16200 PACIFIC HWY, #6 $419,500 $419,500 2 2 1190 CONDO 2
500 MAPLE ST $647,500 $583,000 3 2.1 2567 DETACHD 87
2 CREEKSIDE TER $679,900 $635,000 4 2.1 2906 DETACHD 30
4379 SNOWBRUSH CT $825,000 $700,000 4 3 3596 DETACHD 606
4006 CANAL WOODS CT $799,000 $790,000 4 3.1 3514 DETACHD 35
2311 PALISADES CREST DR $1,279,000 $1,200,000 4 2.1 4903 DETACHD 88
994 COUNTRY CMNS $1,348,850 $1,200,000 4 2.1 3968 DETACHD 180
3102 DOUGLAS CIR $1,695,000 $1,600,000 5 4.1 4644 DETACHD 197

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.