Market Activity April 26-May 2, 2021

The hot pace of the real estate market continues. Lake week in Lake Oswego we had 11 new listings, 26 houses go into pending status, and 29 sold/closed properties. Of the 26 that entered into pending status, 15 sold in less than a week.

See below for RMLS explanation

New on the market April 26-May 2, 2021

AddressTypePriceBRBathsSq Ft
3882 Botticelli StCondo$289,000321224
54 Greenridge CtCondo$429,000321596
13019 Sierra CtDetached$819,00042.52522
1982 Wembley Park RdDetached$975,000544561
755 5th StDetached$1,375,00043.53001
804 2nd StDetached$1,550,00052.52945
791 Briercliff LnDetached$1,685,00032.52232
853 D AveDetached$1,950,00043.55137
13598 Goodall RdDetached$1,989,00044.5+.53573
611 Ridgeway RdDetached$1,395,00045.54463
1186 Crestlline CtDetached$5,498,00066.5+.5+.514411

Pending sales April 26-May 2, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #68Condo$219,0002298410
147 Oswego SummitCondo$232,0002211403
225 CervantesCondo$319,00021.5121621
243 CervantesCondo$399,00022129253
234 Greenridge DrAttached$599,9002214924
1038 Gans StDetached$660,0004320584
14 Morningview CircleDetached$689,90043.527284
15389 Twin Fir RdDetached$692,0004329403
660 Hemlock StDetached$699,9003216484
4097 Buck Brush LnDetached$749,90032.525335
24 Tanglewood DrDetached$750,0005326303
1118 Andrews RdDetached$849,0003221823
2376 Fernwood CircleDetached$849,0004220945
324 Lakewood RdDetached$928,00022138310
32 Westridge DrDetached$949,00042.5+.536538
100 Leonard St 4-1Condo$965,00032.5248220
4145 Chad RdDetached$1,050,00042.533609
5570 Kilchurn AveDetached$1,150,00042.529313
5918 Seville AveDetached$1,289,80043177624
3119 Wembley Park RdDetached$1,385,00043.536882
1924 Cheryl CtDetached$1,595,00044.5+.553065
3711 Wren StDetached$1,595,00033.533474
3423 Lake Grove AveDetached$1,695,00043.5472125
4595 Wildwood StDetached$1,899,0004438543
16847 Greenbrier RdDetached$2,495,00032.5236035
17979 Crestline DrDetached$3,045,00043485818

Sold/closed April 26-May 2, 2021

AddressTypeList PriceSold PriceSq FtCDOM
125 Oswego SummitCondo$198,000$198,0007643
22 Oswego SummitCondo$198,900$200,0007642
4000 Carman Dr E82Condo$243,000$256,5008273
3922 Carman DrCondo$345,000$350,000113713
5840 Burma RdDetached$475,000$410,000163247
668 McVey Ave #33Condo$499,000$490,00085249
6310 Burma RdDetached$499,000$499,00010527
5850 Kenny StDetached$515,000$525,000117217
4917 Mullholland DrAttached$678,000$678,000240310
4555 Wildwood StDetached$650,000$743,00015656
871 8TH StDetached$725,000$786,0001,0964
19 Monticello DrDetached$688,000$788,00034784
12645 Boones Ferry RdDetached$799,950$800,000303834
209 Evergreen RdAttached$755,000$800,00020453
7 Preakness CtDetached$724,900$807,00029075
175 Furnace StCondo$869,000$869,00018980
4365 Bernard StDetached$750,000$875,00026322
545 Ridgeway RdDetached$818,000$883,00021103
13841 Verte CtDetached$985,000$910,000235028
6540 Childs RdDetached$799,500$915,00027474
3170 Royce WayDetached$799,500$950,00031934
19230 Bryant RdDetached$1,149,000$975,0003441289
15725 Tara PlDetached$940,000$980,00033723
18041 Cardinal DrDetached$1,095,000$1,175,00019501
17521 Lake Haven DrDetached$1,200,000$1,200,00032476
486 Lake Bay CtDetached$1,150,000$1,205,00016034
554 4th StAttached$1,449,000$1,375,000337616
1688 Leslie LnDetached$1,898,000$1,750,000554053
1890 Twin Points RdDetached$2,65,000$2,500,000427437

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

Spring is in the air, people are starting to peek out from their safe spaces & Lake Oswego is as beautiful as ever. Here are my picks for things to do this week either online or in person:

Mon, May3rd, 2021 – 4:30-5:30PMYouth Mountain Biking Series 1 ~ Meet at Luscher Farm/The Quarry at East Waluga Park to learn shifting, body position, pedal position, climbing, descending, cornering and managing trail obstacles! Mondays till 5/24- More Info & Registration:  CLICK HERE

Tues, May4th, 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, May5th, 2021 – 6:00-8:00PM –Pickelball Clinic & Play (18yrs+)~ Learn the basics and then join in with the fastest growing sport in America! Wednesdays till 5/26 at George Rogers Park – More Info & Registration:  CLICK HERE

Thurs, May6th, 2021 – 7:00-8:30PM –Public Library Trivia Night! ~ Its like “Pub Trivia” but shorter…and you’re not in a pub! Plus there are Powell’s Gift Cards involved… Thursdays online- More Info & Registration:  CLICK HERE

Fri, May7th, 2021 – 6:30-9:30PM –Samurai in the Oregon Sky with Ilana Sol! ~ Join the Filmmaker as she presents her film & joins for post-viewing questions & answers. – Her first film ON PAPER WINGS won 7 awards and was included in an episode of NPR’s Radiolab. SAMURAI IN THE OREGON SKY is her second film~ In 1942, Japanese pilot Nobuo Fujita catapulted his seaplane off of a submarine, flew over the Oregon coast, and became the only pilot to bomb the U.S. mainland during WWII.  He never dreamed he would one day be invited back to the region, where he would begin a lifelong friendship with the people of a small Oregon town.  SAMURAI IN THE OREGON SKY chronicles how Mr. Fujita came to refer to his former target as his “second home.” – More Info & Registration:  CLICK HERE

Sat, May8th, 2021 – 8:30AM-1:30PM –Lake Oswego Farmers Market! ~ Millennium Park Plaza is the place to be every Saturday as Artisans and Farmers share their wares in a COVID-safe & festive environment. There are also online ordering options available.- For More Info & Safety Protocols:  CLICK HERE

Sun, May9th, 2021 – 11:00-12:00PM –A Bookish Affair!~ Join fellow aficionados of Romance & Happily-Ever-After genres to discuss love stories of all kinds. This week covering The Duke Who Didn’t by Courtney Milan –  More Info & Registration:  CLICK HERE

Market Activity ~ April 19-25, 2021

This last week in Lake Oswego we saw 10 New Properties come to market, a whopping 36 move to Pending status (accepted Offers), and 16 Closed/Sold.

Here are the details per RMLS:

NEW April 19-25, 2021

AddressList Price# Beds# BathsTotal SFProp Type
4 TOUCHSTONE #68$219,00022984CONDO
4 TOUCHSTONE  #142$229,90022979CONDO
19239 SW BENFIELD AVE$900,000331968DETACHD
324 LAKEWOOD RD$928,000221383DETACHD
1874 GLENMORRIE TER$975,000333508DETACHD
4145 CHAD DR$1,050,00042.13360DETACHD
940 UPPER DEVON LN$1,950,00043.14464DETACHD
17301 BERGIS FARM DR$2,250,00043.14737DETACHD
2679 GLEN EAGLES RD$2,750,00044.14709DETACHD
197 PINE VALLEY RD$3,200,00063.15983DETACHD

PENDING April 19-25, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
47 EAGLE CREST DR  #6$184,00011672CONDO39
13 OSWEGO SMT / Lower$199,90011764CONDO8
750 1ST ST   E28$245,00011902CONDO7
526 S State ST   5A$314,95021914CONDO11
1305 SPRUCE ST$449,000311024DETACHD5
5509 BONITA RD$449,900322000DETACHD3
17 LAUREL ST$599,00031.13096DETACHD6
6090 CARMAN DR$650,00041.11620DETACHD44
19061 REDWING CT$700,000321611DETACHD4
1225 Hallinan ST$724,90032.11819DETACHD6
1002 HEMLOCK ST$725,00032.11950DETACHD4
5546 ROYAL OAKS DR$759,000321920DETACHD3
282 ASH ST$780,00042.12791DETACHD30
19233 INDIAN SPRINGS RD$799,95044.13423DETACHD11
3061 WESTVIEW CT$875,000433396DETACHD5
13209 TWIN CREEK CT$888,00042.13021DETACHD5
17787 BLUE HERON DR$895,000432519DETACHD9
16126 SW INVERURIE RD$899,00042.12492DETACHD5
30 HILLSHIRE DR$950,00042.13887DETACHD2
16176 NOLA CT$969,00042.12945DETACHD5
6 SHERWOOD CT$995,90042.13133DETACHD4
18015 CARDINAL DR$1,095,000321622DETACHD5
3931 BASS LN$1,365,00054.14284DETACHD2
19305 HILL TOP RD$1,375,00043.15116DETACHD239
1891 PALISADES LAKE CT$1,425,00044.15389DETACHD193
558 6TH ST$1,550,00033.12949DETACHD4
3159 DOUGLAS CIR$1,595,00064.14500DETACHD3
784 6TH ST$1,625,000433200DETACHD5
1799 ATHERTON DR$1,669,00045.16280DETACHD37
18639 PILKINGTON RD$1,675,000444281DETACHD7
19342 LORNA LN$1,685,00043.14375DETACHD2
6 DOVER WAY$1,795,00043.14499DETACHD9
13217 AMBER PL  #1$1,849,00043.13861DETACHD430
2950 WEMBLEY PARK RD$2,499,00055.16667DETACHD3
18277 CRESTLINE DR$2,850,00045.16892DETACHD169
584 RIDGEWAY RD$4,398,00043.24996DETACHD3

SOLD April 19-25, 2021

AddressOpeningPriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
47 EAGLE CREST DR   #51$180,000$180,00011670CONDO13
4000 CARMAN DR   #36$222,500$233,00011836CONDO2
48 EAGLE CREST DR   %F$264,900$240,000221370CONDO428
26 CERVANTES CIR / Ground$261,900$240,00021.11107CONDO56
4185 CHILDS RD$535,000$550,00031.11175DETACHD5
16880 CORTEZ CT$575,000$573,000332313DETACHD27
63 TANGLEWOOD DR$625,000$650,000432819DETACHD3
1820 SOUTHSHORE BLVD$700,000$706,000332403DETACHD4
5139 TUALATA LN$799,900$822,191432132DETACHD2
2552 PALISADES CREST DR$975,000$955,00042.13176DETACHD12
5544 KILCHURN AVE$995,000$1,050,00042.13308DETACHD4
17311 CANYON DR$1,149,000$1,079,000635376DETACHD35
1061 YATES ST$1,100,000$1,136,00043.12899DETACHD14
17990 RIDGE LAKE DR$1,445,000$1,420,00053.13897DETACHD21
1505 LAKE FRONT RD$3,495,000$3,470,00053.15525DETACHD4
1300 FOREST MEADOWS WAY$4,098,000$4,150,00054.25974DETACHD46

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.

3D Printed Houses

This is a bit of a divergence from the usual posts that Linda and I write where we try to focus on Lake Oswego Real Estate. Instead I decided to share something that I find just fascinating: 3D printed houses.

A company in Texas, ICON, is 3D printing houses. The company set a goal of finding a way to build houses that are more affordable, resilient, and that can be built faster. Their first house was built in 2018. it was 350 square feet and took 48 hours to print out. It was built in Austin, Texas, a place with very strict building codes. The house was fully permitted.

The printer is quite large, as you can imagine. It’s called a Vulcan II. It extrudes a cement compound called Lavacrete. It pours out 5-7 inches per second. Today, a 400-500 square foot house can be built in 24 hours.

Today, houses can be built up to 2000 square feet.

I say “built”, but I think that is a rather a loose term in this enstance. Once the shell of the house has been “printed”, it is set on a foundation and the components, like windows, doors, plumbing, etc., are added.

The printer can do more than build square boxes. It can be programed for things like curved walls and vaulted ceilings.

The cost savings is approximately half of a traditional stick built home. Partnering with Mobile Loaves and Fishes, ICON is working to build housing for the homeless.

I just love the inovation and found this entire concept intriquing. For more information, click here.

I hope you found this as fascinating as I did, and, as always, thanks for reading the blotter.

Dianne

Market Activity April 12-18, 2021

We have been having a truly beautiful spring. It’s the perfect time of year to do some house shopping and looking at last week’s numbers in Lake Oswego, I’m not alone in this thinking. We had 9 new listings come onto the market, 30 move into pending status, and 13 sold/closed properties.

Please see below for RMLS details.

New Listings April 12-14, 2021

AddressTypePriceBRBathsSq Ft
750 1st St E28Condo$245,00011902
4000 Carman Dr #60Condo$265,00022866
38 Northview CtAttached$638,900443125
4527 Trillium WoodsAttached$845,00032.52273
4350 Upper DrDetached$875,000321717
17787 Blue Heron DrDetached$895,000432519
18639 Pilkington RdDetached$1,675,000444281
2572 Glen Eagles PlDetached$2,950,00054.5+.56532
2254 Knaus RdDetached$4,125,00045.47436
1475 Oak TerraceDetached$4,699,00053.53674

Pending Sales April 12-18, 2021

AddressTypePriceBRBathsSq FtCDOM
86 Kingsgate Rd A202Condo$246,0002284928
5059 Foothills Dr ECondo$312,0002298910
5059 Foothills Dr GCondo$335,0002299114
5225 Jean Rd #513Condo$349,9003214004
750 1st St B-1Condo$395,0003215465
22 Condolea DrCondo$410,0002214481
16748 Lake Forest BlvdDetached$445,0003110765
668 McVey Ave #33Condo$499,0002185249
18631 Kristi WayDetached$525,00041.514724
5978 Fernbrook CircleDetached$585,00042.516124
16041 Waluga DrDetached$679,0004219827
1620 Woodland TerraceDetached$690,0004323524
1931 Mapleleaf CtDetached$699,90042.522925
1033 Spruce StDetached$745,00022.5163812
209 Evergreen RdAttached$755,00033.520453
1710 Yarmouth CircleDetached$769,0002215402
100 D AveAttached$798,00022.518475
538 Livingood LnDetached$875,00042.528074
17167 Cedar RdDetached$880,0003226733
1768 Glenmorrie DrDetached$978,0003329042
524 Weidman CtDetached$979,00042.534508
19244 35th PlDetached$1,095,00053350359
885 10th StDetached$1,150,00042.5263321
19201 Maree CtDetached$1,300,00052.5429027
822 6th StDetached$1,444,9004329203
137 Furnace StCondo$1,479,0003219273
2065 Ridge Pointe DrDetached$1,495,00054479019
17509 Ridgeview LnDetached$1,599,900433.539382
17660 Wayside LnDetached$1,950,00053.547845
18012 Eastridge LnDetached$2,100,00053.5587510

Sold/Closed Sales April 12-18, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #112Condo$219,000$217,0001351178
41 Greenridge CtAttached$415,000$415,0001,6529
1485 Hallinan StDetached$540,000$528,00013116
16227 Kimball StDetached$574,900$575,80015725
4832 Redwing WayDetached$599,900$637,00014723
692 2nd StDetached$759,900$720,000214017
17726 Overlook LnDetached$725,000$735,00026972
14221 Dolph CtDetached$755,000$765,00020815
17189 Carlson CtDetached$735,000$830,00030075
1080 Upper Devon LnDetached$974,900$995,00023354
17884 Kelok RdDetached$1,229,000$1,183,6504,12419
1961 Summit DrDetached$1,200,000$1,200,00031370
4398 Lakeview BlvdDetached$2,100,000$2,300,0003260115

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 ~ March 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 March 2021:                                              

Low Inventory continues to be the driver of competition in the greater Portland area where we see price increases in most neighborhoods/areas from the prior month & all areas increasing over 2020. (See below for breakdown). Comparing 2021 to the same period in 2020 thru March, Overall Average Price has increased 16.6% and Median Price 14.9%.

My trusted Mortgage Advisors say Mortgage rates are hovering around 3.125%. This rate varies and can be reduced with a buy-down, or affected by individual qualifiers. I’m happy to connect you with someone to discuss your particular situation.         

According to the RMLS Market Action Report  for the Portland Metro Area, March 2021:

  • There were 3,465 New Listings in March 2021 decreased only slightly at 0.1% from March 2020’s 3,468 and increased 40.1% from the previous month/February’s 2,474.
  • At 2,556, March 2021’s Closed Sales are up 8.5% from March 2020’s 2,356, and also up 29.2% from the previous month/February’s total of 1,978
  • At 3,346, March 2021’s Pending Sales increased 42.6% from March 2020’s 2,347, and also jumped up by 51.5% from the previous month/February’s total of 2,208.
  • The Average Sale Price in March 2021 of $554,300 is up $88,800 from last year/March2020’s $465,500, and up $12,300. from the previous month/February’s $542,000.   
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in March 2021 of $488,000 rose $63,000 from last year/March 2020’s $425,000, and also increased $8,900 from the previous month/February’s $479,100.

LAKE OSWEGO

The combined areas of Lake Oswego and West Linn for the month of March 2021 reported:

  • 112 Active Listings (Feb 82)
  • 188 New Listings    (Feb 97)
  • 156 Pending Sales (Feb 92)
  • 112 Closed Sales    (Feb 92)
  • Average Sale Price for Mar: $944,100  (Feb $876,900)
    • 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.
  •  77 Average Days on the Market   (Feb 77)

Market Activity ~ April 5-11, 2021

NEW April 5-11, 2021

AddressList Price# Beds# BathsTotal SFProp Type
526 S State ST  5A$314,95021914CONDO
225 CERVANTES$319,00021.11216CONDO
3101 MCNARY PKWY  #6$399,90032.11532CONDO
76 GREENRIDGE CT$674,90043.12868ATTACHD
16041 WALUGA DR$679,000421982DETACHD
9 FALSTAFF ST$759,00042.12436DETACHD
18634 Bryant RD$775,00032.12858DETACHD
19233 INDIAN SPRINGS RD$799,95044.13423DETACHD
537 COUNTRY CLUB RD$849,000321901DETACHD
100 LEONARD ST, Upper Lvl$965,00032.12482CONDO
524 WEIDMAN CT$979,00042.13450DETACHD
6 DOVER WAY$1,795,00043.14499DETACHD
17979 S CRESTLINE DR$3,045,000434858DETACHD

PENDING April 5-11, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
366 CERVANTES CIR$210,00021832CONDO2
4 TOUCHSTONE  #82$258,00032.11351CONDO238
5840 SW BURMA RD$475,00031.11632DETACHD47
19255 BENFIELD AVE$499,000321840DETACHD36
5720 KENNY ST$499,900321416DETACHD3
19242 TERRY AVE$619,900421872DETACHD2
143 DEL PRADO ST$621,500321907DETACHD0
17 ABELARD ST$650,000322122DETACHD2
4688 OAKRIDGE RD$675,000321788DETACHD17
17608 SYDNI CT$675,00042.12466ATTACHD19
5316 LOWER DR$699,00032.12016DETACHD15
1268 HIDE A WAY CT$759,90042.12423DETACHD6
115 FURNACE ST  2N$819,00022.11885CONDO30
5 Mountain View LN$849,00053.13850DETACHD61
672 1ST ST$850,00022.11986CONDO4
12793 SIERRA VISTA DR$899,90043.13650DETACHD3
10 YORICK ST$925,00053.14023DETACHD19
1515 CHERRY LN$925,00053.14699DETACHD4
12624 SW 22ND AVE$945,00043.13665DETACHD4
5544 KILCHURN AVE$995,00042.13308DETACHD4
115 ASH ST$1,025,000434469DETACHD7
18041 CARDINAL DR$1,095,00032.11950DETACHD1
1061 YATES ST$1,100,00043.12899DETACHD14
4431 BERNARD ST$1,149,000432840DETACHD23
486 LAKE BAY CT$1,150,000321603DETACHD4
1255 Bickner ST$1,199,00042.12764DETACHD58
18958 BRYANT RD$1,199,90042.13178DETACHD13
1992 PALISADES TERRACE DR$1,250,00053.14140DETACHD7
13613 PROVINCIAL HILL WAY$1,550,00063.14534DETACHD4
15400 DIAMOND HEAD RD$2,100,00043.13358DETACHD1
95 IRON MOUNTAIN BLVD$2,195,00054.15710DETACHD184
15780 TWIN FIR RD$2,769,90044.14270DETACHD44

SOLD April 5-11, 2021`

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
47 EAGLE CREST DR  #43$209,500$212,000211017CONDO3
4000 CARMAN DR   G101$248,900$260,00022869CONDO4
4644 LOWER DR, Upper Lvl$260,000$285,00021.11170CONDO5
578 2ND ST$539,900$539,90022.11361PLNCOMM6
853 E AVE$650,000$650,00021750DETACHD6
2679 GLEN EAGLES RD$729,900$702,000332378DETACHD277
18975 OLSON AVE$600,000$736,000633569DETACHD5
33 TOUCHSTONE$699,900$770,000543854DETACHD5
4749 BLACK FOREST CT$715,000$775,00042.12255DETACHD5
5796 BAY POINT DR$775,000$843,00042.12399DETACHD2
16631 FORD PL$899,900$920,00042.13180DETACHD4
4184 VIRGINIA WAY$849,900$976,000421700DETACHD5
2240 RIDGEWOOD RD$939,000$1,075,00043.12777DETACHD2
100 GARIBALDI ST$1,175,000$1,210,00053.24572DETACHD3
15420 BOONES WAY$1,345,000$1,325,00032.13364ATTACHD43
419 7TH ST$1,350,000$1,350,00042.12813DETACHD11
17010 Canal CIR$1,595,000$1,665,00043.13746DETACHD
1947 Summit DR$1,795,000$1,716,00045.15570DETACHD150
16655 MAPLE CIR$3,498,000$3,170,00033.13100DETACHD0

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 March 29-April 4, 2021

We are continuing to have a very strong seller’s market. Last week in Lake Oswego 11 properties came onto the market, 26 accepted an offer and went into pending status, and 15 properties sold/closed.

See below for RMLS data

New Listings March 29-April 4, 2021

AddressTypePriceBRBathsSq Ft
5059 Foothills Dr ECondo$312,00022989
5059 Foothills Dr GCondo$335,00022991
5749 Windfield LoopDetached$679,900331873
15380 Twin Fir RdDetached$692,000432292
1033 Spruce StDetached$745,00022.51638
17850 Pilkington RdDetached$750,00032.53222
5918 Seville AveDetached$1,289,000431776
3423 Lake Grove AveDetached$1,695,00043.54721
19460 Eastside RdDetached$1,699,00053.5+.54521
18262 Meadowlark LnDetached$1,799,00053.54757
18012 Eastridge LnDetached$2,100,00053.55875

Pending Sales March 29-April 4, 2021

AddressTypePriceBRBathsSq FtCDOM
4000 Carman Dr #36Condo$222,500118362
95 Oswego SummitCondo$229,00021.511166
4629 Lakeview BlvdCondo$249,99922117824
86 Kingsgate Rd H101Condo$265,000229183
86 Kingsgate Rd D106Condo$265,000229383
15446 Stephanie CtAttached$400,00032.515825
5850 Kenny StDetached$515,00022117217
16880 Cortez CtDetached$575,0003323136
19020 Pilkington RdDetached$599,9003212534
19 Monticello DrDetached$688,0005334784
7 Preakness CtDetached$724,90042.529075
4365 Bernard StDetached$750,00032.526322
5139 Tualata LnDetached$799,9004321322
12444 SW Orchard Hill RdDetached$825,00032251912
16636 Maple CircleDetached$865,0003220303
1720 Yarmouth CircleDetached$899,00032.5202012
3170 Royce WayDetached$899,9004231934
15725 Tara PlDetached$940,00042.533723
13841 Verte CtDetached$950,00043235025
16577 Glenwood CtDetached$969,0005332791
5665 Grand Oaks DrDetached$1,025,0005342263
2060 Ridge Pointe DrDetached$1,195,00052.541201
554 4th StAttached$1,449,00044.5+.5337616
18977 Pilkington RdDetached$1,595,0004336696
667 Lake Bay CtDetached$1,899,90043.5361675
1870 Twin Points RdDetached$2,695,00044.5464966

Sold/Closed March 29-April 4, 2021

AddressTypeList PriceSold PriceSq FtCDOM
45 Eagle Crest Dr #212Condo$189,900$177,500780155
5061 Foothills Dr BCondo$344,900$365,0009915
1225 Lee StDetached$511,000$525,000105689
16051 Pearcy StDetached$529,000$600,00012244
23 Aquinas StDetached$550,000$630,00018403
17614 Schalit WayDetached$650,000$715,00015613
1662 Worthington StDetached$700,000$750,00027634
3460 Lake Grove AveDetached$685,000$790,00016162
17121 Wall StDetached$724,900$801,00021872
4361 Southshore BlvdDetached$749,000$85,00024399
18050 Tualata AveDetached$915,000$985,67528354
17601 Woodhurst PlDetached$1,125,000$1,125,0003179$4
2671 Glen Eagles RdDetached$1,225,000$1,225,00040194
16364 Ivy LnDetached$1,595,000$1,425,9504862282
2230 Wembley Park RdDetached$1,785,000$1,785,000460736

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 ~ March 22-28, 2021

Last week, Lake Oswego had 8 properties enter the market, 22 move to Pending status, and 18 Close. Currently there are 74 lovely homes available on the market!

The following is the activity according to RMLS:

NEW March 22-28, 2021

AddressList Price# Beds# BathsTotal SFProp Type
5316 LOWER DR$699,00032.12016DETACHD
282 ASH ST$780,00042.12791DETACHD
4750 UPPER DR$1,149,00053.13091DETACHD
885 10TH ST$1,150,00042.12633DETACHD
18958 BRYANT RD$1,199,90042.13178DETACHD
2065 RIDGE POINTE DR$1,495,000544790DETACHD
16847 GREENBRIER RD$2,700,00032.12360DETACHD
1745 SOUTHSHORE BLVD$3,495,00044.15545DETACHD

PENDING March 22-28, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
47 EAGLE CREST DR, #51$180,00011670CONDO13
22 OSWEGO SMT / Grnd$189,90011764CONDO2
125 OSWEGO SMT / Lower$198,00011764CONDO3
6310 BURMA RD$499,00031.11052DETACHD7
4185 CHILDS RD$535,00031.11175DETACHD5
4555 WILDWOOD ST$650,000321565DETACHD6
4917 MULHOLLAND DR$678,00022.12403ATTACHD10
33 TOUCHSTONE$699,900543854DETACHD5
28 MORNINGVIEW CIR$730,00033.12895DETACHD15
692 2ND ST$759,900312140DETACHD17
2941 SW ORCHARD HILL PL$784,90053.13446DETACHD4
545 RIDGEWAY RD$818,00032.12110DETACHD3
2552 PALISADES CREST DR$975,00042.13176DETACHD12
19230 BRYANT RD$1,060,00084.53441DETACHD289
144 LEONARD ST$1,279,00043.13552DETACHD6
15003 TWIN FIR RD$1,295,00043.12941DETACHD7
19305 HILL TOP RD$1,375,00043.15116DETACHD208
17990 RIDGE LAKE DR$1,445,00053.13897DETACHD21
1799 ATHERTON DR$1,629,00055.16280DETACHD10
13217 AMBER PL, #1$1,849,00043.13861DETACHD402
16777 PHANTOM BLUFF CT$1,995,00042.25045DETACHD14
1300 FOREST MEADOWS WAY$4,098,00054.25974DETACHD46

SOLD March 22-28, 2021

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
5057 FOOTHILLS DR / Upper$335,000$345,000221252CONDO3
72 GREENRIDGE CT$425,000$425,000331824ATTACHD3
1790 CONIFER DR$539,000$520,000211003DETACHD13
5091 TUALATA LN$625,000$702,500321500DETACHD6
5172 GREENSBOROUGH CT$739,000$724,00042.12184DETACHD102
2 MOZARTEUM CT$744,900$780,00042.12192DETACHD5
18018 GIMLEY CT$820,000$859,000433637DETACHD2
13983 WESTCOTT CT$898,900$925,00042.12792DETACHD4
2574 PALISADES CREST DR$975,000$935,00052.24563DETACHD22
13204 DEERFIELD CT$1,050,000$1,030,00042.13406DETACHD4
3815 SOUTHSHORE BLVD$875,000$1,067,000422638DETACHD4
116 MIDDLECREST RD$1,390,000$1,225,000432545DETACHD38
17680 Stafford RD$1,299,000$1,317,00052.13804DETACHD185
639 CARRERA LN$1,350,000$1,320,00043.14447DETACHD16
4288 LAKEVIEW BLVD$1,250,000$1,487,000322016DETACHD5
892 8TH ST$1,450,000$1,515,00043.12872DETACHD7
17313 BLUE HERON RD$1,998,500$1,892,50043.13454DETACHD431
2950 Lakeview BLVD$3,100,000$2,450,00043.14299DETACHD190

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 March 15-21, 2021

Inventory is beginning to pick up and the real estate activity in Lake Oswego last week was quite balanced. We had 18 properties come onto the market, 17 move into pending status, and 17 sold/closed listings. So good to see the inventory picking up!

See below for RMLS data

New on the market March 15-21, 2021

AddressTypePriceBRBathsSq Ft
86 Kingsgate Rd A202Condo$246,00022849
6310 Burma RdDetached$499,00031.51052
5850 Kenny StDetached$515,000221172
4185 Childs RdDetached$535,00031.51175
4917 Mulholland DrAttached$678,00022.52403
33 Touchstone Detached$699,900543854
17608 Sydni CtAttached$699,90052.52455
12444 Orchard Hill RdDetached$825,000322519
1720 Yarmouth CirDetached$599,00032.52020
10 Yorick StDetached$925,00053.54023
4431 Bernard STDetached$1,149,000432840
17649 Woodhurst PlDetached$1,250,00064.55669
15003 Twin Fir RdDetached$1,295,00043.52941
19201 Maree CtDetached$1,300,00052.54290
554 4th StAttached$1,449,00044.5+.53376
1799 Atherton DrDetached$1,629,00055.56280
17190 Wall StDetached$2,140,00054.5+.56702
17930 Kelok RdDetached$2,750,00043.5+.54481

Pending sales March 15-21, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #112Condo$219,90032.51351178
4000 Carman Dr E82Condo$248,000218273
48 Eagle Crest Dr 5FCondo$249,900221370197
3950 Carman DrCondo$345,00022.5110110
16051 Pearcy CtDetached$529,0003212244
63 Tanglewood DrDetached$625,0004328193
1858 Southshore BlvdDetached$650,0004220976
3460 Lake Grove AveDetached$685,00022.516162
1820 Southshore BlvdDetached$700,0003324034
14221 Dolph CtDetached$755,00032.520815
16631 Ford PlDetached$899,90042.531804
18050 Tualata AveDetached$915,00042.528354
17521 Lake Haven DrDetached$1,200,00042.532476
4288 Lakeview BlvdDetached$1,250,0003220165
15420 Boones WayAttached$1,345,00032.5336443
3700 Marquis CtDetached$1,499,90042.544312
5740 Childs RdDetached$1,550,00053551924

Sold/Closed Properties March 15-21, 2021

AddressTypeList PriceSold PriceSq FtCDOM
100 Kerr Pkwy #5Condo$169,000$165,900617171
4 Touchstone #63Condo$195,000$200,0009841
3930 Lake Grove Ave 1BCondo$215,000$210,00095611
668 McVey Ave #44Condo$229,000$215,00063680
5804 Kennycroft WayDetached$504,900$586,00010084
1538 Pine StDetached$515,000$607,30015753
876 Sunny Hill DrDetached$850,000$827,50021644
19125 35th PlDetached$1,175,000$1,114,9005153257
6485 Mission CtDetached$1,165,000$1,189,000313367
16233 Bonaire AveDetached$1,395,000$1,395,00034601
4160 Lakeview BlvdDetached$1,539,000$1,530,0003904363
5775 Dogwood DrDetached$1,679,000$1,679,0004003$3
13701 Knaus RdDetached$1,849,000$1,773,00057302
13585 Goodall RdDetached$1,900,000$1,850,000428218
907 Terrace DrDetached$3,000,000$2,675,0007296128
4321 Southshore BlvdDetached$4,200,000$3,750,00067310
1527 Lake Front RdDetached$3,999,000$3,85072201512

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.