new listings Archives - Page 2 of 89

March 15, 2022March 15, 2022

Market Activity March 7-13, 2022

Last week in Lake Oswego there were 21 new listings, 15 that went into pending status, and 9 sold/closed properties.

Something that has frustrated me for a while is that when I pull the stats for this report many houses will have already moved into pending status, when, in fact, they were also new listings last week. I tried something different this week by taking an additional step to make sure they are included as new listings as well as pending. For this reason, you’ll see several properties that show up in both sections of this report.

See below for additional RMLS data.

New on the Market March 1-13, 2022

Address	Type	Price	BR	Baths	Sq Ft
45 Eagle Crest Dr #309	Condo	$259,900	2	2-Jan	1056
230 Laurel St	Detached	$661,900	3	2	1339
6025 Carman Dr	Detached	$699,900	3	2	1641
13700 Provencial Hill Dr	Detached	$725,000	4	2.5	2078
12729 SW 19th Ave	Detached	$799,000	4	3	2554
4870 Centerwood St	Detached	$839,900	4	2.5	2434
17348 Hunter Ct	Detached	$929,000	3	2.5	3112
5554 Luce Ln	Detached	$998,900	4	3	3269
1004 Cumberland Pl	Detached	$1,100,000	5	2	3313
12715 Adrian Ct	Detached	$1,150,000	4	2.5	3003
38 Briarwood Rd	Detached	$1,279,000	4	3	2552
26 Briarwood Rd	Detached	$1,279,000	4	3	2554
4030 Canal Woods Ct	Detached	$1,380,000	5	4	4103
2612 Rivendell Rd	Detached	$1,389,000	4	3	3521
1050 Schukart Ln	Detached	$1,399,000	4	3.5	5847
3938 Edens Edge Dr	Detached	$1,450,000	4	3.5	3880
21 D Ave #2	Condo	$1,718,400	2	2.5	2183
735 7th St	Detached	$1,725,000	3	3.5	3073
1949 Cheryl Ct	Detached	$1,750,000	$5	4.5+.5	5011
21 D Ave #12	Condo	$1,863,600	2	2.5	2177
3115 Wembley Park Rd	Detached	$2,000,000	4	3.5	3800

Pending Sales March 7-13, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
213 Cervantes	Condo	$329,000	2	1.5	1216	7
210 State St 37	Condo	$449,900	3	2	1302	32
4434 Thunder Vista Ln	Condo	$479,000	2	2.5	2040	4
27 Aquinas St	Detached	$559,900	3	2.5	1530	4
230 Laurel St	Detached	$661,900	3	2	1339	2
143 Church St	Detached	$700,000	2	1	1220	61
13700 Provincial Hill Dr	Detached	$725,000	4	2.5	2078	2
15562 Heritage Ct	Detached	$864,000	4	2.5	2338	5
23 Touchstone	Detached	$924,900	5	4	3169	7
554 Luce Ln	Detached	$998,900	4	3	3269	3
3778 Rivers Edge Dr	Detached	$1,150,000	4	3.5	3012	5
928 Lake Front Rd	Detached	$1,299,900	4	3	2468	6
3938 Edens Edge Dr	Detached	$1,450,000	4	3.5	3880	4
1001 Cedar St	Detached	$1,495,000	4	3.5	2572	14
21 D Ave #2	Condo	$1,718,400	2	2.5	2183	0

Sold/Closed March 7-13, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
200 Burnham Rd #206	Condo	$359,000	$345,000	1199	62
3974 Carman Dr	Attached	$380,000	$380,000	1107	0
13991 Majestic Ct	Detached	$550,000	$600,000	1765	4
16940 Tracy Ave	Detached	$675,000	$624,000	1656	88
91 Tanglewood Dr	Detached	$799,900	$789,900	3111	21
14141 Goodall Rd	Detached	$784,900	$815,000	1939	2
18582 Bryant Rd	Detached	$799,900	$872,698	2579	2
19001 Redwing Way	Detached	$829,000	$876,500	2116	3
150 Iron Mountain Blvd	Detached	$1,100,000	$1,200,000	2868	3

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.

March 13, 2022September 11, 2022

Market Activity ~ Feb 28- Mar 6, 2022

Spring is sprung in the local market! Last week in Lake Oswego we saw 20 Properties enter the market, 20 move to Pending/Accepted Offer status and 15 Sold/Closed. There are 51 from 215,000 to 5.3 mil available in Lake Oswego right now.

NEW Feb 28-Mar 6, 2022

213 CERVANTES, Grnd	$329,000	2	1.1	1216	CONDO
15483 Brianne CT	$415,000	2	2.1	1208	ATTACHD
4061 JEFFERSON PKWY	$425,000	2	2.1	1462	CONDO
210 S STATE ST #7	$449,900	3	2	1302	CONDO
4434 THUNDER VISTA LN	$479,000	2	2.1	2040	CONDO
4200 OLD GATE RD	$550,000	3	1.1	1453	DETACHD
13991 MAJESTIC CT	$550,000	3	2	1765	DETACHD
27 AQUINAS ST	$599,900	3	2.1	1530	DETACHD
4 PREAKNESS CT	$650,000	3	2	1985	ATTACHD
5497 WILLOW CT	$775,000	3	2.1	2427	ATTACHD
14179 SUNDELEAF DR	$849,900	5	2	2617	DETACHD
15562 HERITAGE CT	$864,000	4	2.1	2338	DETACHD
86 TANGLEWOOD DR	$885,000	4	3	3192	DETACHD
23 TOUCHSTONE	$924,900	5	4	3169	DETACHD
3778 RIVERS EDGE DR	$1,150,000	4	3.1	3012	DETACHD
928 LAKE FRONT RD	$1,299,900	4	3	2468	DETACHD
3545 UPPER DR	$1,300,000	4	3.1	2742	DETACHD
1000 UPPER DEVON LN	$1,695,000	4	3.1	3535	DETACHD
21 D AVE #5	$1,808,400	2	2.1	2108	CONDO
13725 CAMEO CT	$2,450,000	5	4.1	4984	DETACHD

PENDING Feb 28-Mar 6, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type	Days
4 TOUCHSTONE #101	$254,000	4	2.1	1456	CONDO	31
12 CERVANTES CIR	$260,000	2	1.1	912	CONDO	206
209 CERVANTES	$325,000	2	1.1	1216	CONDO	18
200 BURNHAM RD #208	$347,500	2	2	1320	CONDO	2
16250 PACIFIC HWY #44	$387,000	2	2	1305	CONDO	10
15483 Brianne CT	$415,000	2	2.1	1208	ATTACHD	2
20 SUMMIT RIDGE CT	$499,000	2	2.1	1704	CONDO	13
4200 OLD GATE RD	$550,000	3	1.1	1453	DETACHD	4
1625 MEADOWS DR	$750,000	4	2	1672	DETACHD	4
12962 KNAUS RD	$829,000	3	2.1	1952	DETACHD	268
14179 SUNDELEAF DR	$849,900	5	2	2617	DETACHD	3
86 TANGLEWOOD DR	$885,000	4	3	3192	DETACHD	4
353 3RD ST	$909,000	3	3.1	2044	ATTACHD	7
1805 GLENMORRIE TER	$1,075,000	3	2.1	2798	DETACHD	4
5959 SUNCREEK DR	$1,150,000	4	2.1	3315	DETACHD	5
2991 DELLWOOD DR	$1,289,000	4	2.2	4308	DETACHD	104
21 D AVE #12	$1,863,600	2	2.1	2177	CONDO	86
3817 UPPER DR	$2,350,000	5	3.1	4246	DETACHD	4
14655 UPLANDS DR	$3,300,000	5	5.2	4775	DETACHD	107
13041 KNAUS RD	$3,695,000	4	4.1	4924	DETACHD	91

SOLD Feb 28-Mar 6, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	DAYS
89 GALEN ST	$199,000	$225,000	1	1	552	CONDO	3
4647 LAKEVIEW BLVD, D1	$229,999	$250,000	1	1	753	CONDO	4
44 EAGLE CREST DR #39	$269,900	$269,900	2	1	1085	CONDO	0
44 EAGLE CREST DR #32	$250,000	$280,000	2	1	908	CONDO	3
86 KINGSGATE RD, H101	$349,000	$355,000	2	2	918	CONDO	4
5788 KIMBALL CT	$530,000	$590,000	4	1.1	1148	DETACHD	4
1720 KILKENNY DR	$699,900	$737,024	3	2.1	1348	DETACHD	53
18561 KRISTI WAY	$649,950	$750,000	3	2.1	1450	DETACHD	6
5207 COVENTRY CT	$759,698	$840,000	3	2	1858	DETACHD	3
6 GROUSE TER	$850,000	$1,000,000	3	3	3653	DETACHD	4
17095 WESTVIEW DR	$985,000	$1,052,000	4	3	3356	DETACHD	2
580 WEIDMAN CT	$1,100,000	$1,219,175	5	3.1	3952	DETACHD	5
3545 UPPER DR	$1,300,000	$1,400,000	4	3.1	2742	DETACHD	0
872 COUNTRY CMNS	$140,000	$1,428,000	4	2.1	2800	DETACHD	0
566 4TH ST	$1,549,000	$1,455,000	4	4.2	3376	ATTACHD	33

Criteria: (RMLS DATA) 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.

February 27, 2022March 6, 2022

This Week in Lake Oswego

Here are my picks for what to do this week in Lake Oswego, either online or in person:

Mon, Feb 28, 2022 – 5:30PM-9:00PM– 12 yrs & up.- Bob Ross Oil Painting: Tropical Sunset (Live Instruction) ~Easy in-person instruction for beginners and more experienced painters ~ CCP, 1060 Chandler Rd – More Info & Registration: CLICK HERE

Tues, March 1, 2022 – 4:30PM-6:30PM – 18yrs & up – Painting in Oils & Acrylic (Virtual Class )~Learn to paint! All materials provided for this virtual class – More Info & Registration: CLICK HERE

Wed, March 2, 2022 – 6:30PM-8:00PM – Chautaqua Historic Lecture Series (in-person or virtual)~ “ Kim Huey discusses the beginnings of Chautauqua and the Gladstone Chautauqua ~ Oswego Heritage House and Museum, 398 Tenth Street – or Zoom! – More Info & Registration: CLICK HERE

Thurs, March 3, 2022 – 9:15AM-10:30PMPM –Nia at Lakewood Drop-In ~ Series taught by Black Belt Nia Instructor Carol Kaplan at Lakewood Center on Tuesdays and Thursdays.- Lakewood Center for the Arts ~ 368 S State St – More Info & Registration Options: CLICK HERE

Fri, March 4, 2022 – 3:30-4:15PM – (3-5yrs) Toes & Tap! ~ Learn the basics of ballet and tap dancing in this fun environment using popular music. CCP, 1060 Chandler Rd More Info & Registration: CLICK HERE

Sat, March 5, 2022 – 11:00AM till Tickets gone! – Author C Pam Zhang Ticket Giveaway – This is a ticket-giveaway for the upcoming event with author C Pam Zhang who discusses How Much of These Hills Is Gold: A Reimagined History. Her presentation will wind up the Lake Oswego Reads 2022 program on Friday, April 29th at 7:00 p.m. at Lakeridge High School. Event is free to all library-cardholders, but a ticket is required- Lake Oswego Library, 706 4th St – More Info : CLICK HERE

Sun, March 6, 2022 – From Tuesday, March 1 – 10:00am Thursday, March 31 – All Open Hours – Global Art Project for Peace~ Participate with the Lake Oswego Library in the 2022 15th Biennial by visiting the children’s library to create an art piece expressing your vision of global peace and goodwill. Art supplies provided. You can also participate by creating art at home and bringing it to the library. ~ Lake Oswego Library (lower level), 706 4th St More Info : CLICK HERE

February 25, 2022September 11, 2022

Market Activity ~ Feb 14-20, 2022

Last week Lake Oswego had 5 properties enter the market, 14 move to Pending status, and 11 that Sold/Closed. Right now there are 53 properties available in Lake Oswego ranging from $214,000 to $5.3 mil.

Here is the breakdown according to RMLS:

NEW Feb 14-20, 2022

Address	List Price	Beds	Baths	SF	Prop Type
47 EAGLE CREST DR #16	$239,000	2	1	932	CONDO
209 CERVANTES, Lower	$325,000	2	1.1	1216	CONDO
20 SUMMIT RIDGE CT	$499,000	2	2.1	1704	CONDO
17897 SUNDOWN CT	$1,950,000	5	3	3755	DETACHD
3578 CARMAN DR	$2,200,000	5	3.1	4000	DETACHD

PENDING Feb 14-20, 2022

Address	List Price	Beds	Baths	SF	Prop Type	Days
44 EAGLE CREST DR #32	$250,000	2	1	908	CONDO	3
3101 MCNARY PKWY #8	$320,000	3	2	3064	CONDO	0
5309 SW WEST SUNSET DR	$599,900	4	2	1449	DETACHD	25
3 MOUNTAIN CIR	$675,000	3	2	1580	ATTACHD	4
12962 KNAUS RD	$829,000	3	2.1	1952	DETACHD	255
1770 HEADLEE LN	$879,000	2	3	2505	DETACHD	4
4 WESTMINSTER DR	$895,000	4	3	2258	DETACHD	6
2095 RIDGE POINTE DR	$1,085,000	3	2.1	3748	DETACHD	4
4719 LAKEVIEW BLVD	$1,499,000	4	3	2934	DETACHD	3
566 4TH ST	$1,549,000	4	4.2	3376	ATTACHD	33
17486 REDFERN AVE	$2,175,000	5	4	3632	DETACHD	4
5001 SW Park Bluff PL	$2,200,000	4	4	4022	DETACHD	32
15012 TWIN FIR RD	$2,599,000	5	3.1	3897	DETACHD	187
2812 LAKEVIEW BLVD	$3,399,900	3	3.1	3100	DETACHD	14

SOLD Feb 14-20, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
100 KERR PKWY #38	$185,000	$185,000	1	1	628	CONDO	123
47 EAGLE CREST DR #36	$249,900	$275,000	2	1	932	CONDO	1
16250 PACIFIC HWY #45	$359,000	$345,000	2	2	1311	CONDO	45
5225 JEAN RD #501	$399,900	$455,000	3	2	1500	ATTACHD	3
4325 SILVER CT, Upper	$499,000	$485,000	3	2.1	1844	CONDO	49
1719 ASPEN CT	$590,000	$575,000	3	2	1444	DETACHD	49
351 3RD ST	$924,900	$951,000	3	3.1	2042	ATTACHD	3
837 OAK ST	$999,950	$1,100,000	3	2.1	2796	DETACHD	5
19 HIDALGO ST	$998,500	$1,150,000	4	3.1	4747	DETACHD	2
17908 BLUE HERON DR	$1,799,000	$1,775,000	3	4	4172	DETACHD	58
567 10TH ST	$1,785,000	$1,870,000	4	3.1	4706	DETACHD	85

February 11, 2022September 11, 2022

News & Notes ~ Jan 2022 Numbers

Here is your look at what’s been happening in the overall Portland area including individual areas of the metro, and with Lake Oswego broken out below:

Overview/Fluctuations ~ Market Data January 2022: Looking at the first month of 2022 as compared to the same month last year, New Listings have decreased 10.5%, Pending Sales have decreased 8.4% and Closed Sales increased 0.3%. Supply is still the biggest issue affecting the local market and remains at historic lows with less than a few week’s worth of inventory available.

The other factor is rates~ While they remain very low relatively speaking (for anyone who remembers how high they’ve been in the past) they’re hovering around 3.875% right now and all predictions are for several increases this year. This factor would be spurring more Buying activity than we currently see but for the lack of inventory. That said, it remains a given that savvy Buyers ought to be taking advantage of these rates now, and, generally speaking, would-be Sellers would be well advised to List now rather than wait till later.

According to the RMLS Market Action Report for the Portland Metro Area- Jan 2022:

There were 2,307 New Listings in Jan 2022 decreased 10.5% from Jan of 2021’s 2,579, and decreased a whopping 44.3% from the previous month/Dec’s 1,599.
At 1,853 Jan 2022’s Closed Sales are up 0.3% from Jan 2021’s 1,847, and down 28.2% from the previous month/Dec 2021’s total of 2,582
At 2,287 Jan 2022’s Pending Sales are down 8.4% from Jan 2021’s 2,496, and up 17.8% from the previous month/Dec 2021’s total of 1,942.
The Average Sale Price in Dec 2021 of $586,600 is up $71,900 from last year/Jan 2021’s $514,700, and up $3,700 from the previous month/Dec2021’s $582,900. YTD increase is 15.8%.
The “Median” Sale Price (the price smack dab in the middle of all sales) in Jan 2022 of $512,000 rose from last year/Jan 2021’s $460,000 by $52,000, and also $1,000 from the previous month

LAKE OSWEGO:

61 Active Listings (Dec 63)
83 New Listings (Dec 71)
78 Pending Sales (Dec 82)
82 Closed Sales (Dec 134)
Average Sale Price for Jan: $1,054,400 (Dec $1,024,400)
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.
29 Days on the Market (Nov 36)

February 10, 2022September 11, 2022

Market Activity ~ Jan 31-Feb 6, 2022

This last week 5 Properties entered the market, 10 moved to Pending status, and 7 Closed/Sold. There are 48 homes available right now in Lake Oswego ranging from 215,000 to 5.2 mil.

Here is the latest:

NEW Jan 31-Feb 6, 2022

Address	List Price	Beds	Baths	Total SF	Prop Type
45 EAGLE CREST DR	$249,900	2	2	1046	CONDO
5225 JEAN RD	$360,000	2	2	1100	CONDO
3990 CARMAN DR	$415,900	2	2.1	1098	CONDO
13078 FIELDING RD	$3,150,000	4	3	3936	DETACHD
2812 LAKEVIEW BLVD	$3,399,900	3	3.1	3100	DETACH

PENDING Jan 31-Feb 6, 2022

Address	List Price	Beds	Baths	Total SF	Prop Type	Days
4 TOUCHSTONE #94	$248,000	3	2.1	1351	CONDO	7
47 EAGLE CREST DR #36	$249,900	2	1	932	CONDO	1
4 TOUCHSTONE #101	$268,000	4	2.1	1456	CONDO	8
86 KINGSGATE RD, H101	$349,000	2	2	918	CONDO	4
1720 KILKENNY DR	$685,000	3	2.1	1348	DETACHD	53
17763 MARDEE AVE	$741,900	5	3	2110	DETACHD	19
4503 BLACK FOREST CT	$795,000	4	2.1	2166	DETACHD	2
18582 BRYANT RD	$799,900	3	2.1	2579	DETACHD	2
19 HIDALGO ST	$998,500	4	3.1	4747	DETACHD	2
15508 DIAMOND HEAD RD	$3,480,000	3	4	3900	DETACHD	169

SOLD Jan 31-Feb 6, 2022

Address	Opening	Closed	Prop Type	SF	Beds	Baths	Days
6317 CARMAN DR	$ 650,000	$ 560,000	DETACHD	1344	3	1.1	78
52 NORTHVIEW CT	$ 649,900	$ 635,000	ATTACHD	2198	3	2.1	54
4966 GALEN ST	$ 600,000	$ 656,000	DETACHD	1699	3	2	5
115 TOUCHSTONE TER	$ 709,000	$ 670,000	ATTACHD	2560	4	3.1	79
302 LAUREL ST	$ 679,000	$ 684,000	DETACHD	1907	3	2	6
175 FURNACE ST/Upper	$ 1,598,000	$ 1,598,000	CONDO	1898	2	2.1	1
752 8TH ST	$ 1,877,000	$ 1,903,000	DETACHD	4032	5	3.1	27

January 29, 2022January 31, 2022

Lake Oswego Canals

The city/town of Lake Oswego completely surrounds Oswego Lake. Living here is all about the water. There are various options when it comes to considering waterfront property. The main lake is one (most expensive option) the bays are another possibility, and then there are the unique and beautiful canals that are actually more affordable & have that other-worldly or at least Venetian feel.

But whether you live waterfront or not, the water is a constant companion & everything in Lake Oswego is built to accommodate it’s flow. Before I became a Realtor (waaaay back ; ) I used to work in Lake Oswego. And I would drive from my Palisades home via South Shore Blvd to get to my office. I love that drive, and especially love passing over the bridges that cross the canals. There is such a peaceful feeling to it. The only better commute came when I shifted to an in-home office! But of course I can always find a reason, work-related or not, to wind my way along South Shore.

Traversing along South Shore, you cross three bridges. Oswego Canal runs alongside Kelok Rd & was completed in 1872 when it was dug with the intention to connect the Tualatin River to the Willamette River via “Sucker Lake” (originally known “Waluga Lake” & later more eloquently renamed from the “Sucker Lake” moniker given it by the settlers). It was widened in 1881. Originally this canal was meant to allow for lumber & other goods to traverse across the lake & then move on to the Willamette across a very short distance via a planned series of aqueducts to adjust for elevation differences. Those aqueduct plans were eventually scrubbed after Willamette Falls Locks created a new and easier/preferable shipping option than the Tualatin River.

The other two canals that you cross over when taking that beautiful scenic drive are the Blue Heron Bay/Canal. It winds along and ends before you reach Bryant Rd, not connecting to any other body of water than Oswego Lake. West Bay also has a shorter canal that you’ll cross over while on South Shore that leads from the lake to the bay.

On the other side of the lake, a short canal was dug back in 1828 to connect to a marshy area called the Duck Pond which was flooded and then became a part of the lake. We know it as Lakewood Bay near city-center shops, restaurants, the theater, Millenium Plaza Park, and Hwy 43/State St. There is a little bridge over the canal at Northshore Rd.

January 27, 2022September 11, 2022

Market Activity ~Jan 17-23, 2022

Greetings Dear Property Blotter Readers! Last week we had just one property come to market, and that one was on the market in December/then something happened & it came back as available. It is a beautiful home! I used to live right up the hill from it and though it backs to a busy road, the landscaping and well-nurtured privacy they’ve created is really something to see. Plus, it is in a coveted spot in Palisades! It’s very near to where the Palisades Market used to be…I called it Planet Palisades as when you walked in the door (which I did often), the ambience and the people who worked there really did make your day…every time. There is a New Seasons slated to go in that space and I have a feeling they will carry that whole tradition forward. The 7 Dees landscaping nursery is also nearby, as is a really nice Thai dining place, as well as easy access on Stafford or South Shore or Hwy 43…its all close, and the list goes on. Check it out if you’re looking.

We also saw 11 properties move to Pending status, and 10 that Closed/Sold. Right now there are 36 properties available in Lake Oswego from $248,000 to $5.2.

Here is the breakdown for last week according to RMLS:

NEW Jan 17-23, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type
1720 KILKENNY DR	$ 699,900	3	2.1	1348	DETACHD

PENDING Jan 17-23, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type	Days
100 KERR PKWY #38	$185,000	1	1	628	CONDO	123
30 CRESTFIELD CT	$290,000	2	2	989	CONDO	1
1719 ASPEN CT	$575,000	3	2	1444	DETACHD	49
16940 SW TRACY AVE	$650,000	4	1.2	1656	DETACHD	88
17763 MARDEE AVE	$741,900	5	3	2110	DETACHD	6
8 DA VINCI ST	$779,000	5	3	2906	DETACHD	4
19001 REDWING WAY	$829,000	3	2.1	2116	DETACHD	3
12962 KNAUS RD	$829,000	3	2.1	1952	DETACHD	230
14361 SHERBROOK PL	$899,000	3	2.1	2100	DETACHD	2
17095 WESTVIEW DR	$985,000	4	3	3356	DETACHD	2
13888 SHIREVA DR	$1,200,000	5	2.1	3827	DETACHD	4

SOLD Jan 17-23. 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
100 KERR PKWY #19	$170,000	$170,000	1	1	617	CONDO	52
200 SW Burnham RD #203	$299,000	$296,000	2	1	1199	CONDO	29
4429 THUNDER VISTA LN	$479,900	$455,000	2	2.1	2002	CONDO	111
4 PREAKNESS CT	$550,000	$500,000	3	2	1985	ATTACHD	32
4939 HAMPTON CT	$895,000	$900,000	4	2.1	2971	DETACHD	62
41 AQUINAS ST	$785,000	$985,000	4	3.1	3558	DETACHD	1
425 KENWOOD RD	$1,090,000	$1,140,000	3	2.1	3527	DETACHD	6
223 Cornell CT	$965,000	$1,190,000	5	3.1	3756	DETACHD	10
1913 CHERYL CT	$1,895,000	$1,699,000	4	4.1	5341	DETACHD	103
4247 LORDS LN	$2,650,000	$2,275,000	4	3.1	3785	DETACHD	115

January 15, 2022January 15, 2022

News & Notes ~ Dec 2021 + Year-End Comparison

Every year I like to add in a comparison at the end of the year to the year prior being as the December report offers a unique opportunity to look at just that. So, below you’ll find our usual monthly overview & Neighborhood Report along with a comparison; 2021 to 2020.

As always, Lake Oswego info for Dec 2021 is broken out below as well.

Overview/Fluctuations ~ Market Data Dec 2021 (+2020):

Inventory is now at a stunning 0.6 months of supply in the Portland area for December. Our supply has simply never been this low… a little more than 2 weeks of Inventory available. Rates as of this writing are hovering around 3.5%, and the Fed is signaling that rates will be rising.

The twelve months of 2021 compared to 2020:

–New Listings, (40,531) increased 5.4%. –Pending Sales (35,405) increased 7.8%, and –Closed Sales (35,182) increased 9.8%. ***By Comparison, Twelve months of 2020 (to compare to 2021 above) from last year’s December report read: -New Listings, (38,442) decreased 5.2%, -Pending Sales (32,849) increased 7.9%, and -Closed Sales (32,031) increased 7.8%.

LAKE OSWEGO:

63 Active Listings (Nov 92)
71 New Listings (Nov 99)
82 Pending Sales (Nov 124)
134 Closed Sales (Nov 127)
Average Sale Price for Nov: $1,024,400 (Nov $964,300)
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.
29 Days on the Market (Nov 36)

January 13, 2022September 11, 2022

Market Activity ~ Jan 3-9, 2022

This first full week in the New Year we had only ONE property go on the market in Lake Oswego, and that one is a major fixer/possible rebuild over by George Rogers Park (per the Listing). In my Master’s Group, Realtors are begging each other to list the properties they have in their pockets. My guess is that Sellers are seeing the news of Omicron likely hitting peak soon to then taper off… and so are holding on a bit longer. IMHO there may be a flood of new properties hitting the market in the near future, and anyone in their right mind ought to list their property *now*. All in all, if you’re Buying… hold ‘yer horses! Things will change soon.

There were 11 properties that moved to Pending status and 16 that Closed/Sold last week as well. Right now there are 38 homes available in Lake Oswego.

Here is the data according to RMLS:

NEW Jan 3-9, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type
143 CHURCH ST	$700,000	2	1	1220	DETACHD

PENDING Jan 3-9, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
200 SW Burnham RD, #203	$299,000	2	1	1199	CONDO	29
4632 LOWER DR, B2	$320,000	2	1.1	1170	CONDO	19
16250 PACIFIC HWY, #75	$355,000	3	2	1593	CONDO	29
1694 BONNIEBRAE DR	$415,000	2	1	864	ATTACHD	2
4325 SILVER CT / Upper	$499,000	3	2.1	1844	CONDO	49
1247 CEDAR ST	$550,000	3	2	2022	DETACHD	9
1719 ASPEN CT	$575,000	3	2	1444	DETACHD	31
302 LAUREL ST	$679,000	3	2	1907	DETACHD	6
770 5TH ST	$975,000	3	3.1	3180	DETACHD	45
17908 BLUE HERON DR	$1,850,000	3	4	4172	DETACHD	58
4247 LORDS LN	$2,275,000	4	3.1	3785	DETACHD	115

SOLD Jan 3-9, 2022

Address	Opening Price	Closed Price	Beds	Baths	SF	Prop Type	Days
100 KERR PKWY #51	$ 179,000.00	$ 186,000.00	1	1	617	CONDO	7
4 TOUCHSTONE #76	$ 234,900.00	$ 228,000.00	2	2	984	CONDO	27
4610 LOWER DR / Main	$ 325,000.00	$ 310,000.00	2	1.1	1260	CONDO	22
86 KINGSGATE RD, E203	$ 325,000.00	$ 325,000.00	2	2	924	CONDO	3
4000 CARMAN DR #92	$ 349,000.00	$ 349,000.00	2	2	999	CONDO	12
1455 HALLINAN ST	$ 639,900.00	$ 650,000.00	3	2.1	1325	DETACHD	5
8 PHEASANT RUN	$ 649,950.00	$ 675,000.00	4	2.1	1845	DETACHD	5
5431 BONITA RD	$ 859,000.00	$ 835,000.00	4	3	2784	DETACHD	15
548 4TH ST	$ 1,524,900.00	$ 1,450,000.00	3	4.1	3186	ATTACHD	103
19317 LORNA LN	$ 1,699,000.00	$ 1,515,000.00	5	4.1	4634	DETACHD	186
4118 GLACIER LILY ST	$ 1,499,500.00	$ 1,625,000.00	4	3.1	4452	DETACHD	3
312 9TH ST	$ 1,650,000.00	$ 1,650,000.00	3	2.1	2686	DETACHD	8
1155 CRESTLINE CT	$ 2,195,000.00	$ 2,010,998.00	5	4.1	7438	DETACHD	73
16847 GREENBRIER RD	$ 2,598,000.00	$ 2,598,000.00	3	2.1	2360	DETACHD	0
16767 GRAEF CIR	$ 2,950,000.00	$ 2,700,000.00	4	4.1	4222	DETACHD	13
1226 NORTHSHORE RD	$ 7,000,000.00	$ 5,500,000.00	4	5.1	6330	DETACHD	160