Happy Thanksgiving!

Linda and I want to wish you and yours a very Happy Thanksgiving. Even in these challenging times we have so much to be thankful for. We live in a great country that provides us with opportunities. We live in a great community that appreciates diversity and values all lives. We enjoy our family and friends, and even though we can not be close to them this year, we hold them close in our hearts.

Thanksgiving message with pumpkins on a blue background

Linda and I are giving thanks for you, our readers. We appreciate that you take the time to read the blotter and that you are as eager to learn about real estate as Linda and I are eager to share.

There will not be a market activity report this week. Next week’s report will combine two weeks: last week and this.

Enjoy the holiday!

This Week in Lake Oswego ~ Sept 30- Oct 5, 2019

Here are my picks for things happening this week!

Mon, Sept 30, 2019– 6:15-7:15PM –  Cabaret Jazz! (for Adults)~ All-level dance class explores jazz and choreo with a Broadway twist!  At CCP, 1060 Chandler Rd  Tickets and Registration: CLICK HERE

Tue, Oct 1 2019 –  7:00-8:30PM – First Tuesday Music – “A Tribute to Aznavour”, featuring Eric John Kaiser ~ Charles Aznavour’s career spanned the history of the chanson realiste. The songs he wrote, unvarnished tales of unrequited love, loneliness and anomie, found their expression in many French singers including the anguished voice of Edith Piaf.  Paris-born John Kaiser describes himself as “a singer-songwriter re-imagining Americana music through a French lens.” ~ Lake Oswego Public Library   Info:  CLICK HERE  

Wed, Oct 2, 2019 – 4:30-5:30PM – Run4Fun / Running Club for Girls (8-12 Yrs)  ~ Meet up at Luscher Farm every Wednesday for learning and great runs w/a Certified Fitness Running Specialist, Wendy Berton.~ Luscher Farm, 125 Rosemont Rd  –Info:  CLICK HERE     

Thu, Oct 3, 2019 9:30AM-12:00PM – Creative Hands ~ Join this group dedicated to producing handicraft items that are then donated to local non-profits. Adult Community Center, 505 G Avenue  –Info:   CLICK HERE

Fri, Oct 4, 2019 1:30-4:00PM Film Discussion Group ~ Meet every Friday to see a movie and discuss afterward! These movies may contain content suitable for adults only.  ~ Lake Theater & Cafe, 106 N State St – Info: CLICK HERE

Sat, Oct 5, 2019 – 8:30AM – 1:30PM ~ Lake Oswego Farmers Market This community staple continues only till October 12th, so don’t miss out on some of the best weeks of the year during harvest season. Live music also from 10:30-12:30!~ Millenium Plaza Park~    Info : CLICK HERE 

 

Market Activity ~ Sept 16-22, 2019

There are a total of 268 homes for sale in Lake Oswego right now. Last week 15 New properties entered the market, 19 moved to Pending status, and 15 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Sept 16-22, 2019)

Address List Price # Beds # Baths Total SF Prop Type
38 OSWEGO SMT / Lower $210,000 1 1 902 CONDO
86 KINGSGATE RD, i 201 $226,000 2 2 856 CONDO
5053 FOOTHILLS DR, D $325,000 2 2 1252 CONDO
4210 WOODSIDE CIR $379,999 3 2 1778 TOWNHSE
16417 LAKE FOREST BLVD $398,999 2 1 1066 DETACHD
13662 BLAZER TRL $532,000 3 2 1896 DETACHD
19232 PILKINGTON RD $624,900 3 2.1 1735 CONDO
2 CREEKSIDE TER $679,900 4 2.1 2906 DETACHD
4932 MULHOLLAND DR $680,000 3 2.1 2498 ATTACHD
19262 Pilkington RD $699,900 3 2.1 2194 CONDO
2395 PALISADES CREST DR $735,000 4 3 3397 DETACHD
507 ASH ST $799,000 5 3 4666 DETACHD
5331 W SUNSET DR $960,500 3 3.1 3606 DETACHD
16865 GREENBRIER RD $2,895,000 5 2 6404 DETACHD
16715 PHANTOM BLUFF CT $3,695,000 4 4.1 4585 DETACHD

PENDING SALES (Sept 16-22, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE #77 $214,900 1 1 496 CONDO 71
4000 CARMAN DR #D53 $219,000 1 1 836 CONDO 13
200 CERVANTES / Grnd $229,000 3 1.1 1138 CONDO 15
3834 BOTTICELLI ST $279,500 2 2 1055 CONDO 83
668 MCVEY AVE #10 $299,995 3 1.1 992 CONDO 174
5054 FOOTHILLS DR, H $327,000 3 2 1252 CONDO 20
4410 THUNDER VISTA LN $339,900 2 2.1 2040 CONDO 172
6216 WAYZATA CT $430,000 3 2 1261 DETACHD 86
206 GREENRIDGE DR $462,500 3 2 1392 ATTACHD 20
17761 DEEMAR WAY $469,900 3 2 1610 DETACHD 140
524 2ND ST $497,500 2 2.1 1547 CONDO 91
17608 SYDNI CT $549,500 4 2.1 2466 TOWNHSE 70
3600 RED CEDAR WAY $585,000 4 2 2058 DETACHD 27
18263 ANDUIN TER $719,000 4 3 3103 DETACHD 70
14100 EDENBERRY DR $775,000 3 2.1 2881 DETACHD 2
5005 DOGWOOD DR $950,000 5 3.1 4143 DETACHD 52
3270 FIR RIDGE RD $1,449,000 4 3.1 3872 DETACHD 14
720 SOUTHVIEW RD $2,195,000 4 3 3599 DETACHD 115
4 TOUCHSTONE #69 AUCTION 3 3 1351 CONDO 20

SOLD (Sept 16-22, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #91 $209,900 $210,000 2 2 993 CONDO 77
86 KINGSGATE RD #F204 $225,000 $227,000 2 2 849 CONDO 4
3896 BOTTICELLI ST / Grnd $293,900 $266,000 2 1.1 1132 CONDO 99
1621 WOODLAND TER $625,000 $590,000 4 2.1 2933 DETACHD 34
5587 BAY CREEK DR $639,000 $630,000 4 2.1 2507 DETACHD 11
1058 HEMLOCK ST $649,900 $638,000 4 3 2077 DETACHD 110
17321 CANYON DR $699,500 $695,000 5 3.1 4825 DETACHD 5
1286 LARCH ST $724,900 $719,000 4 2.1 2410 DETACHD 10
676 9TH ST $799,000 $775,000 2 1 1982 DETACHD 13
13485 STREAMSIDE DR $799,900 $800,000 4 3 3023 DETACHD 3
171 5TH ST $899,000 $814,500 4 2 2367 DETACHD 87
4027 CANAL WOODS CT $1,069,000 $1,050,000 4 3.1 4232 DETACHD 118
13131 KNAUS RD $1,697,000 $1,562,000 6 3.2 5353 DETACHD 6
13085 SW KNAUS RD $2,300,000 $2,015,000 4 2.1 3993 DETACHD 16
920 WESTPOINT RD $4,300,000 $4,155,000 4 4.1 6337 DETACHD 162

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 ~ August 2019 Numbers

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

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

  • There were 3,757  New Listings in August 2019 which was down 10.8%  from August of 2018’s 4,214, and  5.3% from the previous month/July’s 3,966.
  • At 2,901 August 2019’s Closed Sales were down slightly at 2.2% lower than August 2018’s 2,967, and  again 1.5% lower than the previous month/July 2019’s total of 2,994 .
  • August 2019’s Pending Sales (accepted offers), at 2,929 were up  6.1% from August of 2018’s 2,760, but down at bit at 2.3% from the previous month/July 2019’s total of  2,998.
  • The Average Sale Price in August 2019 of $462,600 was about the same as last year/August 2018’s $462,400, and was down $3,400 from the previous month/July 2019’s $466,000.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in August 2019 of $417,500 was up from last year/August 2018’s $407,500 by $10,000, and up $5,900 from the previous month/July 2019’s $411,600 .   

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

  • North Portland:  $440,400            1.2%   (July $406,300)
    •                                                     YTD Median: $405,000
  • NE Portland:  $506,200                   1.8%   (July $499,200 )
    •                                                     YTD Median: $430,000
  • SE Portland:  $424,000                   1.7%   (July $424,200)
    •                                                     YTD Median: $375,000
  • Gresham/Troutdale:   $372,500     5.1%   (July $373,200)
    •                                                     YTD Median: $353,000
  • Milwaukie/Clackamas:  $449,000  3.4%   (July $452,500)
    •                                                     YTD Median: $418,000
  • Oregon City/Canby:   $435,800      4.0%   (July $446,600)
    •                                                     YTD Median: $415,000
  • Lake Oswego/West Linn:$685,500 -0.7%  (July $681,000)
    •                                                      YTD Median: $590,000
  • West Portland:    $578,000             -0.7%  (July $587,800)
    •                                                     YTD Median: $520,000
  • NW Wash County:  $535,100         -2.5%   (July $557,800)
    •                                                      YTD Median: $515,000
  • Beaverton/Aloha:     $406,800       5.7%   (July $411,100)
    •                                                     YTD Median: $390,000
  • Tigard/Wilsonville:   $465,200        2.2%   (July $492,600)
    •                                                      YTD Median: $440,000
  • Hillsboro/Forest Grove: $416,000  4.1%   (July $423,300)
    •                                                      YTD Median: $384,900

LAKE OSWEGO:

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

    •  452 Active Listings  (July 451)
    •  199 New Listings     (July 226)
    •  140 Pending Sales   (July 187)
    •  187 Closed Sales      (July 170)
    • Average Sale Price for August: $685,500  (July $681,000)
      • 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.
    •  76 Average Days on the Market   (July 62)

 

Market Activity ~ Sept 2-8, 2019

There’s a bit of a chill in the air (its just a tease…warm weather will be back!) and a total of 279 homes for sale in Lake Oswego right now. Last week 12 New properties entered the market, 20 moved to Pending status, and 13 were “Closed”/Sold.

We continue to see a really nice spectrum of price ranges, and of course this time of year is always the best time for a Buyer in this area. I’d be happy to explain to you the “why’s” of that anytime!

Following is the breakdown for you according to RMLS:

NEW on Mkt (Sept 2-8, 2019)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR, D53 $219,000 1 1 836 CONDO
200 CERVANTES / Grnd $229,000 3 1.1 1138 CONDO
4438 THUNDER VISTA LN #4438 $349,900 3 2.1 2040 CONDO
5178 LOWER DR $565,000 3 2 1800 DETACHD
975 SOUTHSHORE BLVD $639,900 3 2.1 2191 DETACHD
7 MOUNTAIN VIEW LN $799,500 5 2.1 3324 DETACHD
2025 WEMBLEY PARK RD $925,000 4 2.1 2700 DETACHD
16495 GLENWOOD CT $1,219,000 5 3.1 4533 DETACHD
17912 KELOK RD $1,250,000 5 3 3218 DETACHD
3250 FIR RIDGE RD $1,349,000 4 3.1 3541 DETACHD
15566 VILLAGE PARK CT $1,398,000 5 3.1 4855 DETACHD
3270 FIR RIDGE RD $1,449,000 4 3.1 3872 DETACHD

PENDING SALES (Sept 2-8, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #56 $189,000 3 1 1024 CONDO 53
3992 CARMAN DR $325,000 2 2.1 1107 CONDO 8
44 TOUCHSTONE $425,000 4 3 2507 DETACHD 23
16494 INVERURIE RD $449,000 3 1 1302 DETACHD 68
21 MOUNTAIN CIR $469,000 3 2 1820 ATTACHD 18
20 NORTHVIEW CT $599,000 3 3.1 2809 ATTACHD 65
4938 MULHOLLAND DR $599,900 3 2.1 2558 ATTACHD 86
18833 INDIAN CREEK AVE $619,900 4 2.1 2301 DETACHD 3
819 BOCA RATAN DR $713,000 4 3 2760 DETACHD 939
5998 FROST LN $749,000 4 2.1 2935 DETACHD 22
4180 CHAPMAN WAY $774,900 4 2.1 2681 DETACHD 12
1505 EASTVIEW CT $799,000 3 3.1 3367 DETACHD 102
5 SCARBOROUGH DR $815,000 4 2.1 3221 DETACHD 26
5705 SOUTHWOOD DR $879,000 4 2.1 3360 DETACHD 7
4613 DOGWOOD DR $1,040,000 5 3.1 4524 DETACHD 125
1525 MAPLE ST $1,050,000 4 3.1 3000 DETACHD 214
18049 SKYLAND CIR $1,080,000 3 3 3717 DETACHD 188
18989 PILKINGTON RD $1,189,950 4 3 3640 DETACHD 418
272 GREENWOOD RD $1,195,000 4 3.1 3218 DETACHD 153
919 WESTPOINT RD $3,899,000 4 4 4858 DETACHD 508

SOLD (Sept 2-8, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
5054 FOOTHILLS DR, E $299,999 $300,000 3 2 1252 CONDO 8
5054 FOOTHILLS DR, C $299,900 $310,000 3 2 1252 CONDO 2
15252 BOONES WAY $485,000 $430,000 3 2 1672 ATTACHD 283
12 CONDOLEA DR / Main $425,000 $430,000 2 2 1312 CONDO 16
15368 WALUGA DR $599,000 $475,000 3 2 1876 DETACHD 420
150 KINGSGATE RD $485,000 $490,000 3 2 1502 DETACHD 20
6419 SW DAWN ST $609,900 $578,000 4 2.1 2016 DETACHD 382
16950 LAKERIDGE DR $659,000 $636,300 4 2.1 2346 DETACHD 9
1816 PALISADES LAKE CT $860,000 $640,000 3 2.1 4598 DETACHD 161
2770 WEMBLEY PARK RD $815,000 $732,500 5 3 3378 DETACHD 112
893 10TH ST $1,295,000 $1,235,000 4 2.1 2719 DETACHD 116
16359 CHAPIN WAY $1,395,000 $1,265,000 4 3.1 4158 DETACHD 59
13366 BRIARWOOD LN $1,325,000 $1,325,000 5 3 3310 DETACHD 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.

This Week in Lake Oswego! Sept 2-8, 2019

Twilight on the Farm! Luscher Farm Benefit

Here are my picks for things happening this week!

Mon, Sept 2, 2019– 12:00AM-11:59PM –  Labor Day!!!!!! ~ Stay home! Go to a Lake Oswego Swim Park! Drive to the Coast! Take a Walk! Read a Book! BBQ! (Enjoy ; )

      – THEN: If you would enjoy some amazing music (why wouldn’t you?), visit the Lake Theater & Cafe on State Street for “Music Monday” with the Mel Brown  B3 Organ Group. Doors open at 6:00. Show at 7:00PM   Tickets and Info: CLICK HERE

Tue, Sept 3 2019 –  5:00-9:00PM – First Tuesday Music – Laila Murphy ~ This awe-inspiring flutist and vocalist will provide a delectable evening Broadway showtunes, jazz standards, and classical selections.~ Lake Oswego Public Library   Info:  CLICK HERE  

Wed, Sept 4, 2019 – 5:15-7:15PM – Youth Leadership Council  ~ The Youth Leadership Council is an advisory board made up of 10 high school age teens that live in Lake Oswego and want to serve and engage in their community.~ Main Fire Station- 300 B Ave  –Info:  CLICK HERE     

Thu, Sept 5, 2019 5:00-9:00PM – Film Discussion Group ~ C’mon down to the Lake Theatre for a screening and discussion of “Wild“, Cheryl Strayed’s transformational memoir about loss, healing and self-empowerment. Lake Theatre, 106 N State St  –Info & Registration/Phone#:   CLICK HERE

Fri, Sept 6, 2019 10:00AM-1:00PM In Stitches Quilters ~ This talented group finishes up quilts that have been laying around or are discarded & ready for a new home in return for a donation that benefits the Adult Community Center. Anyone interested in quilting is welcome to join in!  ~ Adult Community Center – Info: CLICK HERE

Sat, Sept 7, 2019 – 5:00 – 9:00PM ~ Twilight on the Farm 2019 ~Support Friends of Luscher Farm at this luscious 3rd-annual dinner with a table menu created by Chef Pascal Chureau of Field and Vine. Enjoy local wines, great food and company, and help a worthy cause! ~ Luscher Farm, 125 Rosemont Rd~    Info : CLICK HERE    Tickets: CLICK HERE

Sun, Sept 8, 2019 – 2:00-4:00PM ~Owning Our Stories and Living Our Truth –  Cheryl Strayed shares her story of inspiration. This talk is to inspire us all to appreciate the life we have lived, honor the lessons we have learned, and empower us to embrace what lies ahead! – Lakeridge High School Auditorium, 1235 Overlook Dr – Info: CLICK HERE  Tickets: CLICK HERE

Market Activity ~ Aug 19-25, 2019

There are a total of 301 homes for sale in Lake Oswego right now. Last week 14 New properties entered the market, 14 moved to Pending status, and 24 were “Closed”/Sold. A really nice spectrum of price ranges… in those coming on the market, going Pending and Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Aug 19-25, 2019)

Address List Price # Beds # Baths Total SF Prop Type
213 Cervantes $234,999 2 1.1 1216 CONDO
317 CERVANTES $240,000 2 2 1209 CONDO
164 OSWEGO SMT $249,000 2 2 1383 CONDO
668 MCVEY AVE #45 $249,000 2 1 852 CONDO
668 MCVEY AVE #74 $298,500 1 1 636 CONDO
32 CONDOLEA DR / Main $359,900 2 2 1420 CONDO
3600 RED CEDAR WAY $585,000 4 2 2058 DETACHD
30 BECKET ST $585,000 3 2 2077 DETACHD
16 ABELARD ST $625,000 5 3 3012 DETACHD
4180 CHAPMAN WAY $774,900 4 2.1 2681 DETACHD
4092 ORCHARD WAY $835,000 4 3.1 3591 DETACHD
555 ATWATER RD $859,000 5 3 4016 DETACHD
13978 WESTCOTT CT $945,000 4 3 3267 DETACHD
16800 LAKERIDGE DR $1,100,009 4 3 2369 DETACHD

PENDING SALES (Aug 19-25, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #409 $200,000 2 2 1214 CONDO 2
86 KINGSGATE RD #H201 $219,000 2 2 840 CONDO 5
86 KINGSGATE RD #F204 $225,000 2 2 849 CONDO 4
3896 BOTTICELLI ST $271,000 2 1.1 1132 CONDO 99
5054 FOOTHILLS DR, C $299,900 3 2 1252 CONDO 2
16200 PACIFIC HWY #9 $425,000 2 2 1190 CONDO 2
6472 SW DAWN ST $489,900 3 2 1032 DETACHD 1
18052 HOBBIT CT $646,700 4 3.1 3289 DETACHD 126
870 LAKE FOREST DR $747,900 3 2.1 1980 DETACHD 9
2903 LAKEVIEW BLVD $770,000 2 2.1 1951 DETACHD 44
15564 VILLAGE DR $1,098,000 4 2.1 3260 DETACHD 4
18953 PILKINGTON RD $1,147,900 4 3 3420 DETACHD 410
13131 KNAUS RD $1,697,000 6 3.2 5353 DETACHD 6
4011 WESTBAY RD $1,795,000 4 3 4518 DETACHD 159

SOLD (Aug 19-25, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
44 EAGLE CREST DR #41 $194,950 $199,000 2 1 908 CONDO 3
4 TOUCHSTONE #140 $229,000 $225,000 3 2.1 1351 CONDO 11
bb#B23 $265,000 $265,000 2 2 866 CONDO 9
3862 BOTTICELLI ST / Grnd $279,900 $271,300 3 2 1224 CONDO 8
3822 BOTTICELLI ST $289,900 $285,000 3 2 1171 CONDO 10
5835 COLBY CT $419,900 $429,900 3 1.1 1209 DETACHD 8
4960 CENTERWOOD ST $540,000 $540,000 3 2 1663 DETACHD 1
3977 BASS LN $549,000 $590,000 3 2 1953 DETACHD 6
21 GROUSE TER $647,000 $610,000 4 2.1 3108 DETACHD 37
5602 SOUTHWOOD DR $660,000 $695,000 3 2.1 2636 DETACHD 3
949 CUMBERLAND RD $750,000 $725,000 4 2.1 2420 DETACHD 15
19 HIDALGO ST $735,000 $735,000 4 3.1 4747 DETACHD 19
17802 TREE TOP LN $799,900 $800,000 4 3.1 4110 DETACHD 1
2927 TOLKIEN LN $798,000 $805,000 4 2.1 2819 DETACHD 8
12511 SHELBY CT $925,000 $820,000 5 3.1 3641 DETACHD 30
642 3rd ST $879,900 $879,900 3 2.1 2274 CONDO 63
2 GROUSE TER $949,000 $914,460 4 3 4446 DETACHD 77
16586 PHANTOM BLUFF CT $999,000 $995,000 3 2.1 2571 DETACHD 167
5051 LAKEVIEW BLVD $1,199,000 $1,011,350 4 3.1 3506 DETACHD 84
19114 35TH PL $1,095,000 $1,040,000 4 4.1 5447 DETACHD 308
2912 WEMBLEY PARK RD $1,475,000 $1,395,000 4 3.2 4389 DETACHD 155
17763 Kelok RD $1,495,000 $1,438,000 4 4 3840 DETACHD 354
13430 FIELDING RD $2,298,000 $1,900,000 4 3.1 4376 DETACHD 332
1277 CHANDLER RD $1,998,000 $1,995,000 4 3.1 4500 DETACHD 471

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 ~ July 2019 Numbers

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

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

  • There were 3,966  New Listings in July 2019 which was down 8.0%  from July of 2018’s 4,312, and  7.4% from the previous month/June’s 4,281.
  • At 2,994 July 2019’s Closed Sales were up 7.6% over July 2018’s 2,786, and  increased 6.8% over the previous month/June 2019’s total of 2,756. ***This was the strongest July for Closings since 2015 when the total was 3452.
  • July 2019’s Pending Sales (accepted offers), at 2,998 were down  2.4% from July of 2018’s 3,071, and down 2.8% from the previous month/June 2019’s total of  3,083.
  • The Average Sale Price in July 2019 of $466,000 rose about $11,000 over last year/July 2018’s $455,100, and was down $6,700 from the previous month/June 2019’s $472,700.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in July 2019 of $411,600 was up from last year/July 2018’s $401,600 by $18,400, and down $8,400 from the previous month/June 2019’s $420,000 .   

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

  • North Portland:  $406,300             -0.3%   (June $417,900)
    •                                                     YTD Median: $405,000
  • NE Portland:  $499,200                   1.3%   (June $491,500)
    •                                                     YTD Median: $429,700
  • SE Portland:  $424,200                   2.7%   (June $434,700)
    •                                                     YTD Median: $375,000
  • Gresham/Troutdale:   $373,200     5.5%   (June $374,900)
    •                                                     YTD Median: $353,500
  • Milwaukie/Clackamas:  $452,500  3.9%   (June $484,200)
    •                                                     YTD Median: $417,000
  • Oregon City/Canby:   $446,600      5.1%   (June $460,900)
    •                                                     YTD Median: $415,000
  • Lake Oswego/West Linn:$681,000 0.6%   (June $702,000)
    •                                                      YTD Median: $585,500
  • West Portland:    $587,800             1.5%   (June $611,000)
    •                                                     YTD Median: $524,900
  • NW Wash County:  $557,800         -1.8%   (June $535,000 )
    •                                                      YTD Median: $515,000
  • Beaverton/Aloha:     $411,100       6.3%   (June $411,100)
    •                                                     YTD Median: $390,000
  • Tigard/Wilsonville:   $492,600        2.8%   (June $472,800 )
    •                                                      YTD Median: $440,000
  • Hillsboro/Forest Grove: $423,300  3.5%   (June $433,200)
    •                                                      YTD Median: $380,000

LAKE OSWEGO:

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

    •  451 Active Listings  (June 468)
    •  226 New Listings     (June 230)
    •  187 Pending Sales   (June 170)
    •  170 Closed Sales      (June 166)
    • Average Sale Price for June: $681,000  (May $702,600)
      • 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.
    •  62 Average Days on the Market   (June 79)

 

Market Activity ~ Aug 5-11, 2019

There are a total of 299 homes for sale in Lake Oswego right now. Last week 11 New properties entered the market, 23 moved to Pending status, and 24 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Aug 5-11, 2019)

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE #91 $209,900 2 2 993 CONDO
5787 BALEINE ST $389,900 3 1 960 DETACHD
5222 CARMAN DR $565,000 3 2 2543 DETACHD
18225 SW 65TH AVE $625,000 5 2.1 2210 DETACHD
2013 RIDGEWOOD RD $1,099,000 5 3.1 5226 DETACHD
5350 SW DAWN ST $1,100,000 3 3 2420 DETACHD
272 GREENWOOD RD $1,195,000 4 3.1 3218 DETACHD
4687 FIRWOOD RD $1,198,000 3 2.1 2803 DETACHD
18124 PIONEER CT $1,298,000 3 2.1 3201 DETACHD
2445 GLENMORRIE DR $1,385,000 5 5 5168 DETACHD
1715 EDGECLIFF TER $1,675,000 4 4.1 4927 DETACHD

PENDING SALES (Aug 5-11, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #82 $229,900 1 1 841 CONDO 32
3846 BOTTICELLI ST / Grnd $265,000 2 1.1 1132 CONDO 125
3822 BOTTICELLI ST $289,900 3 2 1171 CONDO 10
5 BLOCH TER $364,900 3 2.1 1972 TOWNHSE 54
19060 INDIAN CREEK AVE $499,999 3 2 1566 DETACHD 120
805 BULLOCK ST $519,900 4 2 2482 DETACHD 44
15368 WALUGA DR $525,000 3 2 1876 DETACHD 420
16860 LAKERIDGE DR $534,000 3 2 1829 DETACHD 2
14674 RAINBOW DR $648,000 4 3 3190 DETACHD 113
1058 HEMLOCK ST $649,900 4 3 2077 DETACHD 110
3220 EDGEMONT RD $689,999 4 3 2124 DETACHD 89
17321 CANYON DR $699,500 5 3.1 4825 DETACHD 5
1286 LARCH ST $724,900 4 2.1 2410 DETACHD 10
13485 STREAMSIDE DR $799,900 4 3 3023 DETACHD 3
4353 SNOWBRUSH CT $819,000 5 3.1 3808 DETACHD 45
642 3rd ST $879,900 3 2.1 2274 CONDO 63
4027 CANAL WOODS CT $1,069,000 4 3.1 4232 DETACHD 118
5702 MEADOWCREEK CT $1,089,000 4 3.1 3205 DETACHD 81
893 10TH ST $1,295,000 4 2.1 2719 DETACHD 116
16359 CHAPIN WAY $1,348,000 4 3.1 4158 DETACHD 59
3919 SOUTHSHORE BLVD $1,425,000 4 3.1 3986 DETACHD 4
19575 35TH CT $2,225,000 5 3 6081 DETACHD 23
13085 SW KNAUS RD $2,300,000 4 2.1 3993 DETACHD 16

SOLD (Aug 5-11, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #46 $360,000 $325,000 2 2 1305 CONDO 12
1918 BONNIEBRAE DR $400,000 $380,000 4 2 1595 TOWNHSE 18
114 GREENRIDGE CT $420,000 $395,000 2 2 1824 TOWNHSE 60
438 5TH ST $450,000 $440,000 2 1.1 1092 CONDO 16
32 AQUINAS ST $479,990 $479,990 3 2 1518 DETACHD 7
15136 GLEN EAGLES CT $799,999 $550,000 5 3 3150 DETACHD 163
19061 INDIAN SPRINGS RD $569,900 $570,000 4 3 2341 DETACHD 48
17617 SYDNI CT $615,000 $600,000 4 2.1 2651 TOWNHSE 36
8 SIBELIUS CT $595,000 $627,000 4 2.1 2445 DETACHD 4
737 ASH ST $649,990 $640,000 4 2 2428 DETACHD 118
2401 GLEN HAVEN RD $699,900 $652,500 4 3 2942 DETACHD 38
1426 GREENTREE CIR $689,900 $685,000 4 3 3216 DETACHD 14
5492 YORKSHIRE PL $719,900 $690,000 4 2.1 2462 DETACHD 46
5950 HARRINGTON AVE $799,000 $745,000 4 3.1 2816 DETACHD 48
15147 BROOK CT $815,000 $825,000 4 2.1 3221 DETACHD 4
16176 MATTHEW CT $839,900 $837,500 4 2.1 3474 DETACHD 27
2358 SUMMIT DR $880,000 $845,000 3 2.1 2995 DETACHD 14
6044 CLAIRMONT CT $880,000 $847,000 4 2.1 3430 DETACHD 274
917 LAUREL ST $987,000 $850,000 4 3.1 3182 DETACHD 141
35 HIDALGO ST $879,000 $875,000 3 3.1 3926 DETACHD 325
17878 HILLSIDE DR $899,900 $889,000 5 3 3594 DETACHD 40
3623 EENA RD $990,000 $927,000 4 3.1 3429 DETACHD 89
18058 PILKINGTON RD $1,140,000 $1,075,000 3 3 3185 DETACHD 82
841 NORTHSHORE RD $1,398,000 $1,275,000 3 3 2388 DETACHD 189

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! Aug 5-11, 2019

Here are my picks for things happening this week!

Mon, August 5, 2019– 2:00-3:00PM –  Make It! Moon Rock Crafts ~ If you’ve ever wanted your very own moon rock, now’s your chance! Use your K-5’er as an excuse to come make some of these sparkly creations! – Lake Oswego Public Library  Info:  CLICK HERE

Tue, August 6, 2019 –  5:00-9:00PM – National Night Out 2019 in Lake Oswego ~ Let’s party! Lake Oswego is encouraging neighbors to come together for BBQ’s Ice Cream Socials and Potlucks! ~ Your Lake Oswego Neighborhood   Info:  CLICK HERE  

Wed, August 7, 2019 – 6:30-8:30PM – Sounds of Summer Concert Series – Stump City Soul  ~ Enjoy the cool-down at the end of a hot summer day with some music in the park!~ Westlake Park – 14165 Bunick Dr  –Info:  CLICK HERE     

Thu, August 8, 2019 1:00-3:00PM – Scrabble ~ C’mon… we know you love to play!  Every Thursday you can count on a good game. Give a call if you’re a first-time player ~ Community Center at 505 G Avenue –Info & Registration/Phone#:   CLICK HERE

Fri, August 9, 2019 2:00-3:00PM Tears of Joy Puppet Theater – Pegasus and the Stories of the Stars ~ Bringing Roman and Greek mythology to life:Space is full of stars, but how did those stars get their names?  ~ Lake Oswego Public Library – Info: CLICK HERE

Sat, August 10, 2019 – 5:00 – 8:00PM ~ Howl at the Moon 5k Obstacle Run!! ~ Meet at Luscher Farm for an epic adventure through 3.1 miles and 17 obstacles! ~ 125 Rosemont Rd~    Info : CLICK HERE

Sun, August 11, 2019 – 6:00-7:30PM ~ Moonlight & Music Concert Series – Todd Haaby  ~ Flamenco guitar on a sunny summer early-evening in Lake Oswego. What could be better? – Millenium Plaza Park –Info: CLICK HERE