- Notice the light and assess the windows– Have they been updated? If not, that’s an investment ahead.
- Try to ignore the staging and/or personal belongings– You’re potentially buying the house, and not these distracting things. They can, and in the case of staging, are meant to elicit emotional reactions in you. Stay focused on the house.
- Ask about the heat source– Different heating/cooling methods can drastically change your experience of the home in both functionality and in cost to you. For instance, if the source is “Electric”, that can be more expensive if it refers to baseboard, and much less expensive if it is a mini-split system. Oil heat has its own challenges, and gas furnaces may or may not be up to the task of heating a home today, especially if its been remodeled and additional SF has been added.
- Pay attention to how SF is presented– If a home is 2000SF, and 1000 of that is unfinished basement space, you may want to assess ahead of time if that is a home you want to view.
- Lot size & amenitites– You have general ideas of either wanting lots of space and/or privacy, or wanting to be in a friendly “neighborhood” environment with smaller lots closer together. Each home will be different.
- Do you have pets? If so, check out fencing and whether it’s adequate. If not, that can be fixed, but its an investment.
- Some large lots will be set back and have minimal yard space to enjoy with most of the area in the entrance, say, or perhaps a good percentage of the lot’s SF is on a hill.
- Some homes will be high maintenance, ie, if a home has that “falling in love” factor, and it is because of the beautiful gardens surrounding it on all sides….remember that those gardens need care- Are you a gardener? Are you OK with paying someone to maintain those grounds? Just good questions to ask yourself.
- Some smaller lots may be set closer to the street with ample backyard space.
- You’ll want to note whether the home has covered areas outside which can add more living space for you in the rainy months.
- Is the flooring to your liking? – If not that can be fixed, but its an investment. On the other hand, if a home has everything you want, the price is right, and you hate carpet, flooring can likely be changed for much less than you imagine, and often for much less than it will cost you to keep looking and pay for a different home that is priced higher than the actual cost of flooring because it is called “updated” or “remodeled” in the Listing. It’s fairly common to have a flooring contractor lined up to do the flooring work the day after Closing so that your move-in timeline is only slightly affected.
- Hate the kitchen counters? See my advice on flooring above.
- Keep things in perspective- While many homes will just not fit the bill, in this market, it pays to really assess what is important and what can be changed to your liking with a little investment on your part after Closing. For years now Buyers have not been in the mood to make any changes and have generally been looking for “move-in-ready”. Right now, we are at historic lows in inventory and have been for many months. If you find a home that meets most of your needs and/but could use a tweak here & there, my advice is: Go for it! Consider it an opportunity to make it your own.
Market Activity ~ June 28-July 4, 2021
Even in the buildup to the Fourth of July we have strong activity. People are often holding off a bit when it comes to Listing during this week in anticipation of people being distracted over the holiday weekend, but we still had 7 Properties enter the market, with 27 Pending/Accepted Offers and 29 Sold/Closed. Right now there are 117 lovely homes available in Lake Oswego.
NEW June 28-July4, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 422 S STATE ST | $324,997 | 2 | 1 | 1659 | CONDO |
| 162 OSWEGO SMT #162 | $419,950 | 2 | 2 | 1506 | CONDO |
| 13198 PETERS RD | $695,000 | 3 | 2.1 | 2630 | DETACHD |
| 18571 WAXWING WAY | $810,000 | 4 | 2.1 | 2151 | DETACHD |
| 2936 SW ORCHARD HILL PL | $998,000 | 4 | 2.1 | 3419 | DETACHD |
| 14002 CHELSEA DR | $1,195,000 | 4 | 2.1 | 3457 | DETACHD |
| 2420 PRESTWICK RD | $2,500,000 | 6 | 3.1 | 3723 | DETACHD |
PENDING June 28 – July 4, 2021
| Address | List Price | # Beds | # Baths | SF | Prop Type | DOM |
| 153 OSWEGO SMT / Lower | $269,000 | 2 | 2 | 1677 | CONDO | 27 |
| 39 OSWEGO SMT / Grnd | $269,000 | 2 | 2 | 1212 | CONDO | 3 |
| 4000 CARMAN DR #E80 | $289,000 | 2 | 2 | 993 | CONDO | 28 |
| 5061 FOOTHILLS DR, C | $335,000 | 2 | 2 | 991 | CONDO | 8 |
| 210 S STATE ST #10 | $515,000 | 2 | 2.1 | 1743 | CONDO | 7 |
| 53 ORIOLE LN | $549,000 | 3 | 2.1 | 2072 | DETACHD | 17 |
| 6135 SHAKESPEARE ST | $549,900 | 4 | 2 | 1656 | DETACHD | 9 |
| 16885 FERNWOOD DR | $639,500 | 3 | 2 | 1624 | DETACHD | 4 |
| 17 CHURCHILL DOWNS | $649,900 | 4 | 3 | 1966 | DETACHD | 4 |
| 4932 MULHOLLAND DR | $698,000 | 3 | 2.1 | 2498 | ATTACHD | 54 |
| 1588 CHERRY LN | $749,900 | 3 | 2 | 2001 | DETACHD | 3 |
| 17071 REBECCA LN | $775,000 | 3 | 3 | 2288 | DETACHD | 10 |
| 605 7TH ST | $775,000 | 2 | 1 | 2035 | DETACHD | 3 |
| 1692 HIGHLAND DR | $795,000 | 4 | 3 | 2162 | DETACHD | 4 |
| 5675 VICTORIA CT | $825,000 | 3 | 2.1 | 2563 | DETACHD | 4 |
| 1874 GLENMORRIE TER | $920,000 | 3 | 3 | 3508 | DETACHD | 66 |
| 17904 CARDINAL PL | $949,000 | 3 | 2.1 | 1840 | DETACHD | 5 |
| 5697 CHARLES CIR | $950,000 | 4 | 2.1 | 3268 | DETACHD | 4 |
| 1704 GLENMORRIE TER | $975,000 | 5 | 2.1 | 4292 | DETACHD | 4 |
| 15136 GLEN EAGLES CT | $1,200,000 | 4 | 2.1 | 2607 | DETACHD | 4 |
| 13700 KNAUS RD | $1,245,000 | 3 | 2.1 | 2654 | DETACHD | 7 |
| 569 7TH ST | $1,450,000 | 4 | 4 | 3135 | DETACHD | 4 |
| 14088 GOODALL RD | $1,625,000 | 5 | 3.2 | 4441 | DETACHD | 25 |
| 301 IRON MOUNTAIN BLVD | $1,649,000 | 4 | 3.2 | 3036 | DETACHD | 2 |
| 4440 UPPER DR | $1,899,000 | 4 | 3.1 | 3583 | DETACHD | 42 |
| 17301 BERGIS FARM DR | $2,199,000 | 4 | 3.1 | 4737 | DETACHD | 69 |
| 1075 CHANDLER RD | $2,699,000 | 5 | 4.1 | 5710 | DETACHD | 40 |
SOLD June 28-July 4, 2021
| Address | Opening | Closed | # Beds | # Baths | SF | Prop Type | DOM |
| 4 TOUCHSTONE #118 | $219,900 | $220,000 | 2 | 2 | 984 | CONDO | 3 |
| 4000 CARMAN DR #E68 | $255,000 | $262,000 | 1 | 1 | 836 | CONDO | 3 |
| 44 EAGLE CREST DR #28 | $260,000 | $265,000 | 3 | 2 | 1161 | CONDO | 2 |
| 78 GALEN ST / Upper | $299,000 | $290,000 | 2 | 2 | 989 | CONDO | 4 |
| 3688 SPRING LN #3D | $350,000 | $350,000 | 2 | 2 | 1117 | CONDO | 3 |
| 19 SUMMIT RIDGE CT | $449,000 | $449,000 | 2 | 2.1 | 1558 | ATTACHD | 11 |
| 6200 SHAKESPEARE ST | $540,000 | $577,000 | 3 | 2 | 1250 | DETACHD | 2 |
| 4771 AUBURN LN | $679,000 | $650,000 | 3 | 3.1 | 2183 | ATTACHD | 32 |
| 4396 GALEWOOD ST | $650,000 | $680,000 | 3 | 2.1 | 1672 | DETACHD | 12 |
| 1131 OXFORD DR | $675,000 | $715,000 | 4 | 3 | 2200 | DETACHD | 9 |
| 16441 BONAIRE AVE | $679,900 | $750,000 | 3 | 1 | 1677 | DETACHD | 5 |
| 4097 BUCK BRUSH LN | $749,900 | $760,000 | 3 | 2.1 | 2533 | DETACHD | 5 |
| 15481 TANAGER DR | $725,000 | $768,175 | 3 | 2.1 | 2153 | DETACHD | 3 |
| 12792 SIERRA VISTA DR | $899,000 | $915,000 | 4 | 2.1 | 3343 | DETACHD | 6 |
| 400 LAKE BAY CT | $1,050,000 | $1,082,680 | 3 | 2.1 | 1904 | DETACHD | 3 |
| 441 9TH ST | $895,000 | $1,100,000 | 4 | 2 | 2408 | DETACHD | 1 |
| 14175 TAYLORS CREST LN | $1,095,000 | $1,106,000 | 4 | 3 | 3432 | DETACHD | 4 |
| 1896 PALISADES LAKE CT | $1,199,000 | $1,275,000 | 4 | 3 | 3439 | DETACHD | 4 |
| 17436 KELOK RD | $1,595,000 | $1,375,000 | 4 | 2.1 | 3054 | DETACHD | 32 |
| 804 2ND ST | $1,550,000 | $1,450,000 | 5 | 2.1 | 2945 | DETACHD | 30 |
| 18224 BELLA TERRA DR | $1,575,000 | $1,575,000 | 4 | 3.1 | 4050 | DETACHD | 8 |
| 4484 WEST BAY RD | $1,649,000 | $1,631,500 | 5 | 3.1 | 4417 | DETACHD | 6 |
| 1175 CHERRY CIR | $1,850,000 | $1,850,000 | 6 | 5 | 6300 | DETACHD | 12 |
| 18740 GREEN BLUFF DR | $1,800,000 | $1,850,000 | 4 | 3 | 3645 | DETACHD | 3 |
| 7 DOVER WAY | $1,899,999 | $1,900,000 | 5 | 5.1 | 7803 | DETACHD | 3 |
| 1099 CHERRY CIR | $1,690,000 | $2,110,000 | 5 | 3.1 | 3796 | DETACHD | 5 |
| 13233 AMBER PL | $1,999,000 | $2,150,000 | 4 | 4 | 3913 | DETACHD | 0 |
| 2950 WEMBLEY PARK RD | $2,499,000 | $2,499,000 | 5 | 5.1 | 6667 | DETACHD | 3 |
| 460 BERGIS RD | $5,495,000 | $4,321,455 | 6 | 4.1 | 5114 | DETACHD | 569 |
Market Activity June 21-27, 2021
Lake Oswego is so beautiful! We had a couple of days of pretty extreme heat but we are back to normal with highs in the 80’s. The flowers are blooming and the swim park is open. Summer in LO is pretty great.
The real estate market is also pretty great. Last week Lake Oswego experienced 14 new listings, 26 pending sales, and 27 sold/closed properties.
See below for RMLS details.
New on the Market June 21-27, 2021
| Address | Type | Price | BR | Baths | Sq Ft |
| 4 Touchstone #62 | Condo | $204,900 | 3 | 2.5 | 1351 |
| 5061 Foothills Dr C | Condo | $335,000 | 2 | 2 | 991 |
| 16250 Pacific Hwy #78 | Condo | $343,500 | 2 | 2 | 1305 |
| 16250 Pacific Hwy #41 | Condo | $360,000 | 2 | 2 | 1380 |
| 6135 Shakespeare | Detached | $549,900 | 4 | 2 | 1656 |
| 5071 W Sunset Dr | Condo | $610,000 | 2 | 2.5 | 1734 |
| 17071 Rebecca Ln | Detached | $775,000 | 3 | 3 | 2288 |
| 17802 Hillside Way | Detached | $799,800 | 4 | 2.5 | 3026 |
| 759 Timberline Dr | Detached | $825,000 | 4 | 3 | 2928 |
| 2440 Overlook Dr | Detached | $839,900 | 4 | 3 | 3850 |
| 4099 Coltsfoot Ln | Detached | $840,000 | 5 | 2.5 | 3169 |
| 17151 Wall St | Detached | $1,198,000 | 5 | 4 | 4141 |
| 5844 Ridgetop Ct | Detached | $1,198,000 | 4 | 2.5 | 3736 |
| 151 3rd St #1 | Condo | $1,499,000 | 3 | 2.5 | 3278 |
Pending Sales June 21-27, 2021
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 23 Crestfield Ct | Condo | $199,000 | 1 | 1 | 689 | 2 |
| 4 Touchstone #69 | Condo | $220,000 | 3 | 2.5 | 1351 | 33 |
| 44 Eagle Crest Dr #1 | Condo | $230,000 | 2 | 1 | 908 | 2 |
| 4 Cervantes Circle | Condo | $240,000 | 2 | 1.5 | 912 | 8 |
| 156 Ridgeway Rd | Condo | $450,000 | 3 | 2.5 | 1805 | 20 |
| 5221 Tualata Ln | Detached | $550,000 | 3 | 2 | 1491 | 4 |
| 16501 Lake Forest Blvd | Detached | $550,000 | 3 | 1 | 1429 | 6 |
| 1033 Obrien St | Detached | $600,000 | 4 | 2 | 1416 | 2 |
| 1311 Pine St | Detached | $600,000 | 3 | 3 | 2150 | 6 |
| 5 Becket St | Detached | $685,000 | 4 | 2.5 | 3654 | 17 |
| 17859 Pilkington Rd | Detached | $695,000 | 3 | 2.5 | 3222 | 79 |
| 16921 Kara Ln | Detached | $750,000 | 3 | 2.5 | 2382 | 5 |
| 5440 Bay Creek Dr | Detached | $775,000 | 3 | 2.5 | 2442 | 4 |
| 7 Mountain View Ln | Detached | $850,000 | 5 | 2.5 | 3324 | 22 |
| 16933 Greentree Ave | Detached | $874,900 | 4 | 2.5 | 2276 | 7 |
| 5681 Yorkshire Ct | Detached | $894,900 | 4 | 2.5 | 2985 | 5 |
| 3830 Tempest Dr | Detached | $949,950 | 4 | 3 | 3099 | 22 |
| 19310 Riverwood Ln | Detached | $999,000 | 5 | 3 | 3192 | 1 |
| 1931 Park Forest Ct | Detached | $1,025,000 | 6 | 4.5 | 4107 | 6 |
| 2929 Glen Eagles Rd | Detached | $1,100,000 | 3 | 2 | 2527 | 4 |
| 16972 Greentree Ave | Detached | $1,100,000 | 4 | 3 | 2812 | 13 |
| 17911 Hillside Dr | Detached | $1,200,000 | 4 | 3 | 3635 | 5 |
| 5922 Suncreek Dr | Detached | $1,250,000 | 4 | 3.5+.5 | 4027 | 10 |
| 1860 Egan Way | Detached | $1,450,000 | 4 | 3 | 3695 | 5 |
| 853 D Ave | Detached | $1,899,000 | 4 | 3.5 | 5137 | 29 |
| 18098 Pilkington Rd | Detached | $2,199,000 | 4 | 5.5 | 6680 | 6 |
Sold/Closed June 21-27, 2021
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 4 Touchstone #142 | Condo | $229,900 | $220,000 | 979 | 51 |
| 137 Oswego Summit | Condo | $269,500 | $276,000 | 1,212 | 5 |
| 4320 Botticelli St #11 | Attached | $399,950 | $368,000 | 2098 | 13 |
| 979 Devon Ln | Detached | $599,900 | $611,000 | 2362 | 4 |
| 31 Partridge Ln | Detached | $634,900 | $705,000 | 3158 | 5 |
| 2991 Glen Haven Rd | Detached | $650,000 | $715,000 | 2560 | 5 |
| 4846 Lower Dr | Detached | $812,900 | $718,462 | 2655 | 105 |
| 686 Sunnyhill Dr | Detached | $750,000 | $770,000 | 2392 | 6 |
| 3061 Westview Ct | Detached | $875,000 | $800,000 | 3396 | 36 |
| 5825 Bay Point Dr | Detached | $850,000 | $869,000 | 2604 | 3 |
| 4716 Heritage Ln | Detached | $869,000 | $875,000 | 2,650 | 4 |
| 33 Da Vinci St | Detached | $760,000 | $890,000 | 2560 | 4 |
| 17144 Warren Ct | Detached | $920,000 | $910,000 | 2778 | 18 |
| 15950 Parker Rd | Detached | $899,900 | $935,000 | 2686 | 3 |
| 12427 SW Orchard Hill Rd | Detached | $849,000 | $967,500 | 3023 | 2 |
| 17575 Blue Heron Ct | Detached | $899,900 | $989,000 | 2972 | 4 |
| 12986 Knaus Rd | Detached | $1,149,000 | $1,054,775 | 3242 | 302 |
| 2002 Cedar Ct | Detached | $1,180,000 | $1,100,000 | 2945 | 6 |
| 13869 Amberwood Circle | Detached | $1,175,000 | $1,200,000 | 3370 | 0 |
| 6407 Mission Ct | Detached | $1,239,000 | $1,239,000 | 3623 | 1 |
| 1151 Cherry Ct | Detached | $1,180,000 | $1,100,000 | 4009 | 7 |
| 4081 Pfeifer Ct | Detached | $1,200,000 | $1,390,000 | 4078 | 3 |
| 16315 Chapin Way | Detached | $1,795,000 | $1,775,000 | 3478 | 4 |
| 743 6th St6 | Detached | $1,675,000 | $1,900,000 | 3922 | 254 |
| 2112 Goodall Ct | Detached | $2,100,000 | $2,150,000 | 4078 | 4 |
| 13589 Goodall Rd | Detached | $1,996,000 | $2,450,000 | 4443 | 230 |
| 1308 Northshore Rd | Detached | $3,740,000 | $3,215,000 | 4194 | 254 |
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 ~ June 14-20, 2021
This last week there were a mere 9 Properties added to Lake Oswego Inventory, and 27 that moved to Pending status, while 29 Closed/Sold.
Right now there are 101 Beautiful Homes to choose from in Lake Oswego!
NEW June 14-20, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 14425 HOLLY SPRINGS RD | $770,000 | 5 | 3 | 2238 | CONDO |
| 1724 FERN PL | $950,000 | 3 | 3 | 2160 | DETACHD |
| 15776 INVERURIE RD | $1,095,000 | 3 | 2 | 2352 | DETACHD |
| 13207 DEERFIELD CT | $1,175,000 | 4 | 3.1 | 3801 | DETACHD |
| 5933 SUNCREEK DR | $1,250,000 | 4 | 3.2 | 4027 | DETACHD |
| 7 NANSEN SMT | $1,499,000 | 4 | 4.1 | 5640 | DETACHD |
| 1687 VILLAGE PARK LN | $1,500,000 | 4 | 3 | 3362 | DETACHD |
| 16743 SW Pacific Highway | $2,195,000 | 4 | 3.1 | 4340 | DETACHD |
| 420 RIDGEWAY RD | $4,250,000 | 4 | 4 | 3505 | DETACHD |
PENDING June 14-20, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE, #68 | $219,000 | 2 | 2 | 984 | CONDO | 58 |
| 4 TOUCHSTONE, #118 | $219,900 | 2 | 2 | 984 | CONDO | 3 |
| 4000 CARMAN DR B27 | $269,000 | 2 | 2 | 869 | CONDO | 2 |
| 16250 PACIFIC HWY, #48 | $345,000 | 2 | 2 | 1305 | CONDO | 5 |
| 5225 JEAN RD, #203 | $359,900 | 3 | 2 | 1400 | CONDO | 7 |
| 1 EAGLE CREST DR | $549,000 | 3 | 2 | 1290 | DETACHD | 4 |
| 5691 WINDFIELD LOOP | $599,000 | 3 | 2 | 1588 | DETACHD | 6 |
| 38 NORTHVIEW CT | $638,900 | 4 | 4 | 3125 | ATTACHD | 324 |
| 4124 HARVEY WAY | $649,900 | 3 | 2 | 1410 | DETACHD | 22 |
| 1701 ASPEN CT | $663,800 | 3 | 2 | 1956 | DETACHD | 5 |
| 2604 GLEN HAVEN RD | $729,900 | 4 | 2 | 2104 | DETACHD | 3 |
| 15518 HERITAGE CT | $820,000 | 4 | 3.1 | 2885 | DETACHD | 4 |
| 5760 MERIDIAN CT | $850,000 | 4 | 2.1 | 2504 | DETACHD | 5 |
| 491 COUNTRY CLUB RD | $865,000 | 4 | 2 | 2486 | DETACHD | 46 |
| 441 9TH ST | $895,000 | 4 | 2 | 2408 | DETACHD | 1 |
| 17343 BROOKHURST DR | $949,900 | 4 | 2.1 | 3488 | DETACHD | 4 |
| 5455 LANGFORD LN | $999,900 | 4 | 2.1 | 3398 | DETACHD | 35 |
| 18711 WESTVIEW DR | $1,195,000 | 4 | 3.1 | 3592 | DETACHD | 6 |
| 14511 PFEIFER DR | $1,250,000 | 4 | 2.1 | 3422 | DETACHD | 6 |
| 16200 WALUGA DR | $1,450,000 | 5 | 3.1 | 3375 | DETACHD | 4 |
| 18031 MEADOWLARK LN | $1,525,000 | 4 | 3.1 | 3798 | DETACHD | 5 |
| 4502 LAMONT WAY | $1,695,000 | 4 | 4 | 3880 | DETACHD | 22 |
| 3140 DOUGLAS CIR | $1,799,971 | 4 | 3.1 | 4333 | DETACHD | 5 |
| 3250 UPPER DR | $1,875,000 | 4 | 4.1 | 4058 | DETACHD | 1 |
| 18783 STAFFORD RD | $1,995,000 | 5 | 4.2 | 5757 | DETACHD | 147 |
| 168 PINE VALLEY RD | $1,995,000 | 5 | 4.1 | 4906 | DETACHD | 7 |
| 1475 CHANDLER RD | $3,200,000 | 5 | 4.1 | 4515 | DETACHD | 0 |
SOLD June 14-20, 2021
| Address | Opening | Closed | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 16200 PACIFIC HWY #21 | $419,900 | $420,000 | 2 | 2 | 1190 | CONDO | 5 |
| 16200 PACIFIC HWY #4 | $490,000 | $430,000 | 2 | 2 | 1190 | CONDO | 68 |
| 14392 SHERBROOK PL | $515,000 | $558,000 | 3 | 2.1 | 2133 | DETACHD | 4 |
| 3388 EDGEMONT RD | $595,000 | $600,000 | 3 | 2.1 | 2019 | DETACHD | 5 |
| 16873 CANYON DR | $648,000 | $635,000 | 3 | 2.1 | 1879 | DETACHD | 0 |
| 1865 GREENTREE RD | $699,000 | $680,000 | 4 | 2 | 1960 | DETACHD | 6 |
| 13413 AUBURN CT | $689,000 | $689,000 | 4 | 3.1 | 2822 | ATTACHD | 3 |
| 1858 SOUTHSHORE BLVD | $650,000 | $710,000 | 4 | 2 | 2097 | DETACHD | 56 |
| 16915 GREENTREE AVE | $759,000 | $710,000 | 3 | 3 | 2791 | DETACHD | 7 |
| 14 MORNINGVIEW CIR | $689,900 | $715,000 | 4 | 3.1 | 2728 | DETACHD | 19 |
| 17380 MARJORIE AVE | $675,000 | $750,000 | 4 | 2 | 1810 | DETACHD | 3 |
| 5546 ROYAL OAKS DR | $759,000 | $770,000 | 3 | 2 | 1920 | DETACHD | 23 |
| 2911 SW ORCHARD HILL PL | $795,000 | $782,000 | 4 | 3.1 | 3740 | DETACHD | 37 |
| 1244 HALLINAN CIR | $775,000 | $885,000 | 4 | 3 | 2485 | DETACHD | 5 |
| 4188 COBB WAY | $825,000 | $910,000 | 4 | 3 | 2586 | DETACHD | 5 |
| 5747 VICTORIA CT | $810,000 | $925,000 | 4 | 2.1 | 2432 | DETACHD | 2 |
| 1982 WEMBLEY PARK RD | $975,000 | $925,000 | 5 | 4 | 4561 | DETACHD | 15 |
| 2740 GLEN HAVEN RD | $699,900 | $950,000 | 3 | 2.1 | 1612 | DETACHD | 3 |
| 340 8TH ST | $875,000 | $954,000 | 3 | 2 | 2146 | DETACHD | 4 |
| 4471 West RD, Lot 4 | $1,125,000 | $1,200,181 | 4 | 3 | 3885 | DETACHD | 10 |
| 3610 PIPER CT | $1,300,000 | $1,225,000 | 4 | 3.1 | 3976 | DETACHD | 60 |
| 5795 DOGWOOD DR | $1,285,000 | $1,265,000 | 4 | 2.1 | 3420 | DETACHD | 4 |
| 5800 SEVILLE AVE | $1,299,000 | $1,310,000 | 4 | 4 | 3912 | DETACHD | 12 |
| 755 5TH ST | $1,375,000 | $1,422,500 | 4 | 3.1 | 3001 | DETACHD | 4 |
| 3933 EDENS EDGE DR | $1,450,000 | $1,450,000 | 4 | 3.1 | 4436 | DETACHD | 35 |
| 137 FURNACE ST / Upper | $1,479,000 | $1,485,000 | 3 | 2 | 1927 | CONDO | 3 |
| 1640 COUNTRY CMNS | $1,635,000 | $1,635,000 | 4 | 4.1 | 5343 | DETACHD | 0 |
| 445 NORTHSHORE RD | $3,198,000 | $3,110,000 | 3 | 3.1 | 2908 | DETACHD | 2 |
| 1730 NORTHSHORE RD | $4,295,000 | $4,192,500 | 4 | 3.1 | 4173 | DETACHD | 3 |
News & Notes ~ May 2021 Numbers
Here is your look at the latest numbers as released by RMLS for the overall Portland area and how Lake Oswego fits in just below.
Overview/Fluctuations ~ Market Data May 2021:
The stats show New Listings dropped a bit (2.3%) in May from April, and/but Accepted Offers rose at the same time by 8%.
Just when we think record lows in Inventory can’t get any lower, they do. May took us down to 0.7 months of available housing.
Rates are still attractive hovering around 3.125%. Best to get out and get active if you are planning to, given that the Fed indicated last week that they’d be raising rates sooner than previously expected.
According to the RMLS Market Action Report for the Portland Metro Area, May 2021:
- There were 3,971 New Listings in May2021 increased 16.1% over April 2020’s 3,419 and decreased 2.3% from the previous month/April’s 4,065.
- At 3,183, May 2021’s Closed Sales are up 62.1% from May 2020’s 1,963, and also up 8.0% from the previous month/April’s total of 2,946
- At 3,717, May 2021’s Pending Sales increased 19.4% from May2020’s 3,112, and also rose 9.3% from the previous month/April’s total of 3,400.
- The Average Sale Price in May2021 of $582,200 is up $114,700 from last year/April 2020’s $467,500, and up $24,300. from the previous month/April’s $557,900.
- The “Median” Sale Price (the price smack dab in the middle of all sales) in May 2021 of $515,000 rose $90,000 from last year/May 2020’s $425,000, and also increased $15,000 from the previous month/April’s $500,000.
LAKE OSWEGO:
- 129 Active Listings (Apr 123)
- 222 New Listings (Apr 255)
- 223 Pending Sales (Apr 218)
- 199 Closed Sales (Apr 142)
- Average Sale Price for May: $928,300 (Apr $818,300)
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
- 28 Average Days on the Market (Apr 33)
This Week in Lake Oswego
Here are my picks for things to do this week either online or in person:
Mon, June 14, 2021 – 8:00AM-9:00PM–Story Line Recordings~ Listen to poetry and short stories anytime! dial 503-636-7628 and press 6 – More Info: CLICK HERE
Tues, June 15, 2021 – 4:00-5:00PM–Cook the Books! ~ Meet online every Tuesday with Librarians Shannon & Alicia to eat and talk about food & recipes.- More Info & Registration: CLICK HERE
Wed, June 16, 2021 – 4:00-6:00PM – Parks Board Meeting~ This meeting has been scheduled since COVID via Webex. Want input on our treasured parks & recreation facilities & activities & how we move forward? Join in!- More Info & Registration + Agenda Links: CLICK HERE
Thurs, June 17, 2021 – 7:00-8:30PM – Trivia Night!!!~ Join your hosts, Chris and Carissa for some fun together online. Its around 90 minutes & its like pub trivia…but you’re not in a pub! Bring your own drinks & snacks & enjoy.- More Info & Registration: CLICK HERE
Fri, June 18, 2021 – This is a first!! There are NO events scheduled in Lake Oswego. So… the weather should be awesome. Take a stroll in George Rogers Park, or at Luscher Farm or along the trails in Tryon…or sit & have a picnic at the waterfront or Millennium Plaza Park : )
Sat, June 19, 2021 – 8:30AM-1:30PM – Lake Oswego Farmers Market – Peruse the cream of the crop in every category of local lusciousness at Millennium Plaza Park- More Info : CLICK HERE
Sun, June 20, 2021 – All Day – Fathers Day!~ Get out there and do something with your Dad, or the Dad (or closest thing to one) in your Life. Preferably something they like to do ; ) If your Dad is gone, I’ll join you in remembering him with Love and doing something that I (you) know he would enjoy.
Market Activity ~ May 31-June 6, 2021
Last week we saw 15 homes enter the market, 28 move to Pending/Accepted Offer status, and 35 Closed/Sold. Right now there are 104 beautiful properties to choose from in Lake Oswego!
NEW May 31-June 6, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 47 EAGLE CREST DR #54 | $186,000 | 1 | 1 | 672 | CONDO |
| 4619 LAKEVIEW BLVD / Grnd | $205,000 | 1 | 1 | 753 | CONDO |
| 153 OSWEGO SMT/Lower | $279,990 | 2 | 2 | 1677 | CONDO |
| 482 S STATE ST / 3B | $385,000 | 2 | 1 | 1659 | CONDO |
| 19 SUMMIT RIDGE CT | $449,000 | 2 | 2.1 | 1558 | ATTACHD |
| 156 RIDGEWAY RD | $450,000 | 3 | 2.1 | 1805 | CONDO |
| 5051 TUALATA LN | $714,900 | 4 | 2 | 1581 | DETACHD |
| 7 MOUNTAIN VIEW LN | $850,000 | 5 | 2.1 | 3324 | DETACHD |
| 3830 TEMPEST DR | $999,995 | 4 | 3 | 3099 | DETACHD |
| 12975 SW ELK ROCK RD | $1,499,000 | 5 | 3.1 | 4569 | DETACHD |
| 4640 DOGWOOD DR | $1,500,000 | 4 | 4 | 4142 | DETACHD |
| 2023 RIDGEWOOD RD | $1,500,000 | 4 | 2.1 | 4340 | DETACHD |
| 3729 ELEANOR CT | $1,598,000 | 4 | 4.1 | 4061 | DETACHD |
| 17575 S CRESTLINE DR | $3,500,000 | 5 | 4.2 | 7496 | DETACHD |
| 1777 SKYLAND DR | $3,700,000 | 4 | 3.1 | 4871 | DETACHD |
PENDING May 31-June 6, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4000 CARMAN DR, E68 | $255,000 | 1 | 1 | 836 | CONDO | 3 |
| 4000 CARMAN DR, E80 | $289,000 | 2 | 2 | 993 | CONDO | 1 |
| 15438 SW STEPHANIE CT | $469,987 | 3 | 2.1 | 1627 | ATTACHD | 6 |
| 6200 SHAKESPEARE ST | $540,000 | 3 | 2 | 1250 | DETACHD | 2 |
| 4124 HARVEY WAY | $649,900 | 3 | 2 | 1410 | DETACHD | 7 |
| 14417 ORCHARD SPRINGS RD | $649,999 | 4 | 2.1 | 1968 | DETACHD | 22 |
| 4396 GALEWOOD ST | $650,000 | 3 | 2.1 | 1672 | DETACHD | 12 |
| 17310 CANYON DR | $750,000 | 5 | 3 | 2716 | DETACHD | 3 |
| 33 DA VINCI ST | $760,000 | 5 | 3 | 2560 | DETACHD | 4 |
| 1455 NELSON CT | $835,000 | 4 | 2.1 | 2210 | DETACHD | 2 |
| 340 8TH ST | $875,000 | 3 | 2 | 2146 | DETACHD | 4 |
| 663 CARRERA LN | $899,000 | 3 | 2 | 2356 | DETACHD | 1 |
| 17144 WARREN CT | $920,000 | 4 | 2.1 | 2778 | DETACHD | 18 |
| 18768 WOOD DUCK ST | $925,000 | 4 | 3 | 3016 | DETACHD | 4 |
| 18343 ANDUIN TER | $970,000 | 4 | 2.1 | 3000 | DETACHD | 19 |
| 4137 ORCHARD WAY | $975,000 | 5 | 2.1 | 3680 | DETACHD | 2 |
| 2011 RIDGEWOOD LN | $999,900 | 5 | 3.1 | 3115 | DETACHD | 3 |
| 4379 SNOWBRUSH CT | $1,050,000 | 4 | 3 | 3596 | DETACHD | 2 |
| 19229 35TH PL | $1,100,000 | 5 | 3.1 | 4764 | DETACHD | 113 |
| 5800 SEVILLE AVE | $1,299,000 | 4 | 4 | 3912 | DETACHD | 12 |
| 19305 HILL TOP RD | $1,375,000 | 4 | 3.1 | 5116 | DETACHD | 277 |
| 4390 SUNSET DR | $1,399,000 | 4 | 2.1 | 3035 | DETACHD | 1 |
| 640 9TH ST | $1,450,000 | 4 | 3 | 3321 | DETACHD | 5 |
| 858 10TH ST | $1,650,000 | 3 | 2.1 | 2410 | DETACHD | 6 |
| 1099 CHERRY CIR | $1,690,000 | 5 | 3.1 | 3796 | DETACHD | 5 |
| 4440 UPPER DR | $1,899,000 | 4 | 3.1 | 3583 | DETACHD | 16 |
| 2112 GOODALL CT | $2,100,000 | 4 | 3 | 4078 | DETACHD | 4 |
| 2254 KNAUS RD | $4,125,000 | 4 | 5.1 | 7436 | DETACHD | 46 |
SOLD May 31-June 6, 2021
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | DOM |
| 4 TOUCHSTONE #87 | $205,000 | $190,000 | 2 | 2 | 984 | CON | 217 |
| 147 OSWEGO SMT/Upper | $232,000 | $251,000 | 2 | 2 | 1140 | CON | 3 |
| 3668 SPRING LN #4B | $320,000 | $385,000 | 2 | 2 | 1117 | CON | 4 |
| 5221 TREE ST | $525,000 | $555,000 | 3 | 1 | 924 | DET | 3 |
| 10 ORIOLE LN | $500,000 | $572,500 | 3 | 2 | 1502 | DET | 5 |
| 17 LAUREL ST | $599,000 | $599,000 | 3 | 1.1 | 3096 | DET | 6 |
| 1033 SPRUCE ST | $745,000 | $725,000 | 2 | 2.1 | 1638 | DET | 12 |
| 2734 SW ORCHARD HILL LN | $720,000 | $785,500 | 4 | 2.1 | 2816 | DET | 4 |
| 17944 RIDGE LAKE DR | $775,000 | $802,500 | 4 | 2.1 | 2525 | DET | 3 |
| 5110 ROSEWOOD ST | $800,000 | $840,000 | 3 | 2.1 | 2464 | DET | 5 |
| 1118 ANDREWS RD | $849,000 | $849,000 | 3 | 2 | 2182 | DET | 3 |
| 4350 UPPER DR | $875,000 | $855,000 | 3 | 2 | 1717 | DET | 18 |
| 17043 CRESTVIEW DR | $799,900 | $895,000 | 4 | 2.1 | 2303 | DET | 4 |
| 17787 BLUE HERON DR | $895,000 | $896,500 | 4 | 3 | 2519 | DET | 9 |
| 324 LAKEWOOD RD | $928,000 | $928,250 | 2 | 2 | 1383 | DET | 10 |
| 30 HILLSHIRE DR | $950,000 | $950,000 | 4 | 2.1 | 3887 | DET | 2 |
| 2376 FERNWOOD CIR | $849,900 | $950,625 | 4 | 2 | 2094 | DET | 5 |
| 1768 GLENMORRIE DR | $978,000 | $988,000 | 3 | 3 | 2904 | DET | 2 |
| 1920 Park Forest AVE | $1,125,000 | $1,050,000 | 3 | 3 | 2679 | DET | 19 |
| 4145 CHAD DR | $1,050,000 | $1,055,000 | 4 | 2.1 | 3360 | DET | 9 |
| 13348 FIELDING RD | $1,070,550 | $1,070,550 | 3 | 1.1 | 2068 | DET | 1 |
| 5633 GRAND OAKS DR | $950,000 | $1,075,000 | 4 | 2.1 | 3156 | DET | 4 |
| 2357 HILLSIDE LN | $1,195,000 | $1,195,000 | 5 | 3 | 4162 | DET | 5 |
| 56 WILBUR ST | $1,225,000 | $1,200,000 | 3 | 3.1 | 3600 | CON | 7 |
| 5665 GRAND OAKS DR | $1,025,000 | $1,220,000 | 5 | 3 | 4226 | DET | 3 |
| 127 FURNACE ST/Upper | $1,349,000 | $1,349,000 | 2 | 2.1 | 2016 | CON | 7 |
| 3931 BASS LN | $1,365,000 | $1,365,000 | 5 | 4.1 | 4284 | DET | 2 |
| 3119 WEMBLEY PARK RD | $1,385,000 | $1,465,000 | 4 | 3.1 | 3688 | DET | 2 |
| 3423 LAKE GROVE AVE | $1,695,000 | $1,650,000 | 4 | 3.1 | 4721 | DET | 25 |
| 1799 ATHERTON DR | $1,669,000 | $1,669,000 | 4 | 5.1 | 6280 | DET | 37 |
| 18639 PILKINGTON RD | $1,675,000 | $1,675,000 | 4 | 4 | 4281 | DET | 7 |
| 19342 LORNA LN | $1,685,000 | $1,685,000 | 4 | 3.1 | 4375 | DET | 2 |
| 17432 KELOK RD | $1,595,000 | $1,710,000 | 3 | 2.1 | 3023 | DET | 3 |
| 165 PINE VALLEY RD | $2,350,000 | $2,350,000 | 4 | 4 | 4067 | DET | 0 |
| 1775 SOUTHSHORE BLVD | $4,950,000 | $4,512,000 | 3 | 5.1 | 5401 | DET | 0 |
Market Activity ~ May 17-23, 2021
This week’s report shows 14 New properties hitting the market, 33 moving to Pending status (accepted Offers) and 25 Sold/Closed in Lake Oswego.
Right now there are 93 properties available in this little hamlet so close to downtown Portland & the Willamette River & central to both east & west surrounding Portland areas.
NEW May 17-23, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 43 GREENRIDGE CT | $425,000 | 3 | 1.1 | 1652 | ATTACHD |
| 12572 BOONES FERRY RD | $579,000 | 4 | 2 | 1577 | DETACHD |
| 4396 GALEWOOD ST | $650,000 | 3 | 2.1 | 1672 | DETACHD |
| 1131 OXFORD DR | $675,000 | 4 | 3 | 2200 | DETACHD |
| 5071 TUALATA LN | $675,000 | 3 | 3 | 1540 | DETACHD |
| 15481 TANAGER DR | $725,000 | 3 | 2.1 | 2153 | DETACHD |
| 1015 SOUTH SHORE BLVD | $1,089,000 | 4 | 3 | 3882 | DETACHD |
| 5800 SEVILLE AVE | $1,299,000 | 4 | 4 | 3912 | DETACHD |
| 18336 WESTVIEW DR | $1,395,000 | 4 | 4 | 4921 | DETACHD |
| 4210 VIRGINIA WAY | $1,549,000 | 4 | 4.1 | 3508 | DETACHD |
| 18224 BELLA TERRA DR | $1,575,000 | 4 | 3.1 | 4050 | DETACHD |
| 4440 UPPER DR | $1,899,000 | 4 | 3.1 | 3583 | DETACHD |
| 1978 EGAN WAY | $2,198,000 | 4 | 5.2 | 6761 | DETACHD |
| 14500 UPLANDS DR | $2,495,000 | 5 | 4.2 | 5544 | DETACHD |
PENDING May 17-23, 2021
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE #69 | $220,000 | 3 | 2.1 | 1351 | CONDO | 3 |
| 47 EAGLE CREST DR #63 | $235,000 | 2 | 1 | 830 | CONDO | 4 |
| 750 1ST ST E28 | $245,000 | 1 | 1 | 902 | CONDO | 31 |
| 137 OSWEGO SMT / Upper | $269,500 | 2 | 2 | 1212 | CONDO | 5 |
| 3882 BOTTICELLI ST / Main | $289,000 | 3 | 2 | 1224 | CONDO | 20 |
| 3892 BOTTICELLI ST / Main | $303,500 | 3 | 2 | 1288 | CONDO | 4 |
| 3950 CARMAN DR / Grnd | $345,000 | 2 | 2.1 | 1101 | CONDO | 3 |
| 1335 LAUREL ST | $350,000 | 2 | 1 | 1248 | DETACHD | 3 |
| 4320 BOTTICELLI ST #11 | $379,995 | 2 | 2.2 | 2098 | ATTACHD | 13 |
| 16200 PACIFIC HWY #21 | $419,900 | 2 | 2 | 1190 | CONDO | 5 |
| 14392 SHERBROOK PL | $515,000 | 3 | 2.1 | 2133 | DETACHD | 4 |
| 338 LAUREL ST | $529,000 | 3 | 2 | 1346 | DETACHD | 4 |
| 2991 GLEN HAVEN RD | $650,000 | 4 | 3 | 2560 | DETACHD | 5 |
| 14 MORNINGVIEW CIR | $699,900 | 4 | 3.1 | 2728 | DETACHD | 19 |
| 2740 GLEN HAVEN RD | $699,900 | 3 | 2.1 | 1612 | DETACHD | 3 |
| 19419 TUALAMERE AVE | $749,000 | 3 | 2 | 2068 | DETACHD | 9 |
| 16915 GREENTREE AVE | $759,000 | 3 | 3 | 2791 | DETACHD | 7 |
| 1244 HALLINAN CIR | $775,000 | 4 | 3 | 2485 | DETACHD | 5 |
| 3061 WESTVIEW CT | $799,000 | 4 | 3 | 3396 | DETACHD | 36 |
| 5747 VICTORIA CT | $810,000 | 4 | 2.1 | 2432 | DETACHD | 2 |
| 5737 CHARLES CIR | $899,000 | 4 | 2.1 | 3088 | DETACHD | 4 |
| 17144 WARREN CT | $920,000 | 4 | 2.1 | 2778 | DETACHD | 6 |
| 69 Nansen Summit | $985,000 | 3 | 2.1 | 3185 | DETACHD | 5 |
| 2002 CEDAR CT | $1,079,000 | 3 | 2 | 2945 | DETACHD | 6 |
| 14175 TAYLORS CREST LN | $1,095,000 | 4 | 3 | 3432 | DETACHD | 4 |
| 56 WILBUR ST | $1,225,000 | 3 | 3.1 | 3600 | ATTACHD | 7 |
| 138 DEL PRADO ST | $1,425,000 | 5 | 4 | 4500 | DETACHD | 3 |
| 4484 WEST BAY RD | $1,649,000 | 5 | 3.1 | 4417 | DETACHD | 6 |
| 16315 CHAPIN WAY | $1,795,000 | 4 | 3.1 | 3478 | DETACHD | 4 |
| 18740 GREEN BLUFF DR | $1,800,000 | 4 | 3 | 3645 | DETACHD | 3 |
| 7 DOVER WAY | $1,899,999 | 5 | 5.1 | 7803 | DETACHD | 3 |
| 1845 PALISADES TERRACE DR | $3,650,000 | 3 | 2.1 | 2674 | DETACHD | 17 |
| 1125 MAPLE ST | $3,900,000 | 4 | 3.1 | 6254 | DETACHD | 82 |
SOLD May 17-23, 2021
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 82 GALEN ST / Upper | $199,500 | $210,000 | 1 | 0.1 | 690 | CONDO | 2 |
| 5059 FOOTHILLS DR E | $312,000 | $338,000 | 2 | 2 | 989 | CONDO | 10 |
| 54 GREENRIDGE CT | $429,000 | $440,000 | 3 | 2 | 1596 | CONDO | 7 |
| 5509 BONITA RD | $449,900 | $560,000 | 3 | 2 | 2000 | DETACHD | 3 |
| 76 GREENRIDGE CT | $674,900 | $632,685 | 4 | 3.1 | 2868 | ATTACHD | 28 |
| 19061 REDWING CT | $700,000 | $740,000 | 3 | 2 | 1611 | DETACHD | 4 |
| 769 6TH ST | $652,000 | $768,000 | 2 | 1 | 720 | DETACHD | 2 |
| 1002 HEMLOCK ST | $725,000 | $775,000 | 3 | 2.1 | 1950 | DETACHD | 4 |
| 1710 YARMOUTH CIR | $769,000 | $780,000 | 2 | 2 | 1540 | DETACHD | 2 |
| 1225 Hallinan ST | $724,900 | $788,000 | 3 | 2.1 | 1819 | DETACHD | 6 |
| 19233 INDIAN SPRINGS RD | $799,950 | $799,950 | 4 | 4.1 | 3423 | DETACHD | 11 |
| 10 YORICK ST | $925,000 | $915,000 | 5 | 3.1 | 4023 | DETACHD | 19 |
| 1007 HEMLOCK ST | $899,000 | $963,000 | 3 | 2.1 | 1930 | DETACHD | 3 |
| 17167 CEDAR RD | $880,000 | $984,000 | 3 | 2 | 2673 | DETACHD | 3 |
| 16126 SW INVERURIE RD | $899,000 | $988,000 | 4 | 2.1 | 2492 | DETACHD | 5 |
| 12624 SW 22ND AVE | $945,000 | $1,010,000 | 4 | 3.1 | 3665 | DETACHD | 4 |
| 19201 MAREE CT | $1,300,000 | $1,250,000 | 5 | 2.1 | 4290 | DETACHD | 27 |
| 1891 PALISADES LAKE CT | $1,425,000 | $1,400,000 | 4 | 4.1 | 5389 | DETACHD | 193 |
| 13311 LESLIE CT | $1,540,000 | $1,540,000 | 5 | 5 | 5596 | DETACHD | 0 |
| 784 6TH ST | $1,625,000 | $1,625,000 | 4 | 3 | 3200 | DETACHD | 5 |
| 822 6TH ST | $1,444,900 | $1,650,000 | 4 | 3 | 2920 | DETACHD | 3 |
| 13613 PROVINCIAL HILL WAY | $1,550,000 | $1,675,000 | 6 | 3.1 | 4534 | DETACHD | 4 |
| 6 DOVER WAY | $1,795,000 | $1,700,000 | 4 | 3.1 | 4499 | DETACHD | 9 |
| 15400 DIAMOND HEAD RD | $2,100,000 | $2,050,000 | 4 | 3.1 | 3358 | DETACHD | 1 |
| 15780 TWIN FIR RD | $2,975,000 | $2,825,000 | 4 | 4.1 | 4270 | DETACHD | 44 |
Market Activity Report May 10-16, 2021
Last week in Lake Oswego there were 15 new listings, 27 properties that moved into pending status, and 29 sold/closed sales.
I want to point out two things. This market is moving so fast that houses are going pending before Linda or I pull up the data to do this market activity report. This skews the numbers for the new listings because they are going pending so fast that they are not showing up in the new listing data. Second, I want to point out the opposite. Not every property is selling in just a couple of days. In the pending properties 7 out of 27 sold in a few weeks. In the sold properties 6 out of 29 sold in a longer period of time. This happens. Don’t beat yourself up if you don’t sell over night and for more than asking price. Real estate has lots and lots of variables and nothing is cast in stone. This is also why it’s important to hire a really great Realtor.
See below for an explanation of the RMLS data.
New on the Market May 10-16, 2021
| Address | Type | Price | BR | Baths | Sq Ft |
| 15461 Wesley Ct | Detached | $619,900 | 4 | 2.5 | 1676 |
| 1571 Woodland Terrace | Detached | $740,000 | 3 | 2 | 2400 |
| 3 Spinosa | Detached | $755,000 | 3 | 3 | 2615 |
| 16915 Greentree Ave | Detached | $759,000 | 3 | 3 | 2791 |
| 19419 Tualamere Ave | Detached | $765,000 | 3 | 2 | 2068 |
| 17144 Warren Ct | Detached | $920,000 | 4 | 2.5 | 2778 |
| 12962 Knaus Rd | Detached | $975,000 | 3 | 2.5 | 1925 |
| 2164 Summit Dr | Detached | $987,000 | 2 | 2 | 1785 |
| 18343 Anduin Terr | Detached | $995,000 | 4 | 2.5 | 3000 |
| 5455 Langford Ln | Detached | $999,900 | 4 | 2.5 | 3398 |
| 18320 Delenka Ln | Detached | $1,150,000 | 4 | 2.5 | 4519 |
| 5774 Bay Point Dr | Detached | $1,195,000 | 5 | 2.5 | 3674 |
| 56 Wilbur St | Attached | $1,225,000 | 3 | 3.5 | 3600 |
| 17436 Kelok Rd | Detached | $1,595,000 | 4 | 2.5 | 3054 |
| 1175 Cherry Circle | Detached | $1,850,000 | 6 | 5 | 6300 |
Pending Sales May 10-16, 2021
| Address | Type | Price | BR | Baths | Sq Ft | CDOM |
| 82 Galen St | Condo | $199,500 | 1 | 1 | 690 | 2 |
| 13 Oswego Summit | Condo | $199,900 | 1 | 1 | 764 | 27 |
| 4 Touchstone #111 | Condo | $220,000 | 3 | 2.5 | 1351 | 6 |
| 48 Eagle Crest Dr 2C | Condo | $349,000 | 3 | 2 | 1623 | 5 |
| 4072 Jefferson Pkwy | Attached | $359,900 | 3 | 2.5 | 1290 | 5 |
| 16200 Pacific Hwy #4 | Condo | $480,000 | 2 | 2 | 1190 | 68 |
| 5221 Tree St | Detached | $525,000 | 3 | 1 | 924 | 3 |
| 1127 Cedar St | Detached | $539,900 | 2 | 1 | 1848 | 4 |
| 2633 SW Orchard Hill Ln | Detached | $595,000 | 3 | 2.5 | 2136 | 5 |
| 17473 Schalit Way | Detached | $619,900 | 3 | 2.5 | 1812 | 4 |
| 1461 Greentree Circle | Detached | $645,000 | 3 | 2 | 1745 | 8 |
| 1865 Greentree Rd | Detached | $699,000 | 4 | 2 | 1960 | 6 |
| 18634 Bryant Rd | Detached | $749,900 | 3 | 2.5 | 2858 | 32 |
| 5546 Royal Oaks Dr | Detached | $759,000 | 3 | 2 | 1920 | 23 |
| 2911 SW Orchard Hill Pl | Detached | $795,000 | 4 | 3.5 | 3740 | 37 |
| 17043 Crestview Dr | Detached | $799,900 | 4 | 2.5 | 2303 | 4 |
| 18123 Westview Dr | Detached | $799,900 | 3 | 2.5 | 2677 | 4 |
| 4188 Cobb Way | Detached | $825,000 | 4 | 3 | 2586 | 5 |
| 946 Cumberland Rd | Detached | $849,000 | 5 | 3 | 2548 | 2 |
| 5825 Bay Point Dr | Detached | $850,000 | 4 | 2.5 | 2604 | 3 |
| 491 Country Club Rd | Detached | $865,000 | 4 | 2 | 2486 | 2 |
| 15950 Parker Rd | Detached | $899,900 | 5 | 2.5 | 2686 | 3 |
| 1982 Wembly Park Rd | Detached | $949,000 | 5 | 4 | 4561 | 15 |
| 4317 Upper Dr | Detached | $1,195,000 | 5 | 4.5 | 3145 | 5 |
| 1255 Bickner St | Detached | $1,199,000 | 4 | 2.5 | 2764 | 43 |
| 5795 Dogwood Dr | Detached | $1,285,000 | 4 | 2.5 | 3420 | 4 |
| 1730 Northshore Rd | Detached | $4,295,000 | 4 | 3.5 | 4173 | 3 |
Sold/Closed Properties May 10-16, 2021
| Address | Type | List Price | Sold Price | Sq Ft | CDOM |
| 47 Eagle Crest Dr #6 | Condo | $179,900 | $184,000 | 672 | 39 |
| 95 Oswego Summit | Condo | $229,000 | $225,000 | 1,116 | 6 |
| 86 Kingsgate Rd A202 | Condo | $246,000 | $244,820 | 849 | 25 |
| 4629 Lakeview Blvd | Condo | $249,999 | $252,500 | 1178 | 24 |
| 5225 Jean Rd #513 | Condo | $349,900 | $364,000 | 1400 | 4 |
| 15446 Stephanie Ct | Attached | $400,000 | $425,000 | 1582 | 5 |
| 750 1st St B-1 | Condo | $395,000 | $438,500 | 1546 | 5 |
| 22 Condolea Dr | Condo | $410,000 | $440,000 | 1448 | 1 |
| 1305 Spruce St | Detached | $449,000 | $500,000 | 1024 | 5 |
| 16748 Lake Forest Blvd | Detached | $445,000 | $515,000 | 1076 | 5 |
| 234 Greenridge Dr | Attached | $559,900 | $600,000 | 1,492 | 4 |
| 18631 Kristi Way | Detached | $525,000 | $602,500 | 1472 | 4 |
| 5978 Fernbrook Circle | Detached | $585,000 | $650,000 | 1612 | 4 |
| 1620 Woodland Terr | Detached | $690,000 | $701,000 | 2352 | 4 |
| 17 Abelard St | Detached | $650,000 | $725,000 | 2122 | 2 |
| 143 Del Prado St | Detached | $621,000 | $750,000 | 1907 | 0 |
| 660 Hemlock St | Detached | $684,900 | $790,000 | 1648 | 4 |
| 672 1st St | Condo | $850,000 | $850,000 | 1986 | 4 |
| 12793 Sierra Vista Dr | Detached | $899,900 | $915,000 | 3650 | 3 |
| 538 Livingood Ln | Detached | $875,000 | $940,000 | 2807 | 4 |
| 1992 Palisades Terr Dr | Detached | $1,250,000 | $1,400,000 | 4140 | 7 |
| 2065 Ridge Pointe Dr | Detached | $1,495,000 | $1,475,000 | 4790 | 19 |
| 18977 Pilkington Rd | Detached | $1,529,098 | $1,595,000 | 3669 | 6 |
| 17509 Ridgeview Ln | Detached | $1,599,900 | $1,620,000 | 3938 | 2 |
| 16777 Phantom Bluff Ct | Detached | $1,995,000 | $1,900,000 | 5045 | 14 |
| 16847 Greenbrier Rd | Detached | $2,700,000 | $2,350,000 | 2360 | 35 |
| 538 Ridgeway Rd | Detached | $2,448,000 | $2,488,000 | 4004 | 0 |
| 18277 Crestline Dr | Detached | $3,100,000 | $2,596,595 | 6,892 | 169 |
| 4933 Lakeview Blvd | Detached | $1,350,000 | $1,375,000 | 3988 | 1 |
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 April 2021 Numbers
Here is your wider Portland Market Report according to RMLS data, with overall Neighborhood changes and Lake Oswego data broken out below.
Overview/Fluctuations ~ Market Data April 2021:
Record low Inventory continues. Competition is heavy and/but anecdotally the grapevine says more properties are starting to show up now in May, and I’m seeing & hearing about more Offers accepted at or nearer asking price. The numbers will tell next month when we look at May’s totals, but that is the buzz. Mortgage rates are still great. The latest, though it varies on a daily basis and from individual to individual, is 3.25-3.35% on a 30-year Conventional loan w/a 700 credit score & 20% down.
- There were 4,065 New Listings in April 2021 increased 42.8% over April 2020’s 2,487 and increased 17.3% from the previous month/March’s 3,465.
- At 2,946, April 2021’s Closed Sales are up 46.2% from April 2020’s 2,015, and also up 15.3% from the previous month/March’s total of 2,556
- At 3,400, April 2021’s Pending Sales increased 66.6% from April 2020’s 2,041, and also jumped up by 1.6% from the previous month/March’s total of 3,346.
- The Average Sale Price in April 2021 of $557,900 is up $80,500 from last year/April 2020’s $477,400, and up $3,600. from the previous month/March’s $554,300.
- The “Median” Sale Price (the price smack dab in the middle of all sales) in April 2021 of $500,000 rose $76,000 from last year/April 2020’s $424,000, and also increased $12,000 from the previous month/March’s $488,000.
According to the RMLS Market Action Report for the Portland Metro Area, April 2021:
LAKE OSWEGO
The combined areas of Lake Oswego and West Linn for the month of April 2021 reported:
- 123 Active Listings (Mar 112)
- 255 New Listings (Mar 188)
- 218 Pending Sales (Mar 156)
- 142 Closed Sales (Mar 112)
- Average Sale Price for Apr: $818,300 (Mar $944,100)
- NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
- 33 Average Days on the Market (Mar 77)