Market Activity ~ Aug 9-15, 2021

This last week we saw 10 properties enter the market, 31 move to Pending status (accepted offers) and 26 that Closed/Sold. This is the first time in awhile that I’ve not eliminated any “refreshed” properties from the “New” category…no need for refreshing, I suppose. Right now there are 90- beautiful homes available in Lake Oswego.

NEW Aug 9-15, 2021

AddressList PriceBeds BathsSFProp Type
210 S STATE ST  #9$535,00032.11642CONDO
17830 SW TUALATA AVE$595,000321373DETACHD
26 BRIARWOOD RD$665,00043.12554DETACHD
6666 SW CHILDS RD$750,000312408DETACHD
16510 MAPLE CIR$899,00042.12295DETACHD
5923 BAY POINT DR$925,000533187DETACHD
4224 HAVEN ST$1,199,950522600DETACHD
14495 PFEIFER DR$1,299,900433944DETACHD
15012 TWIN FIR RD$2,395,00053.13845DETACHD
1051 SW FOREST MEADOWS WAY$4,149,00066.15597DETACHD

PENDING Aug 9-15, 2021

AddressList PriceBedsBathsSFProp TypeCDOM
4 TOUCHSTONE #62$204,95032.11351CONDO46
47 EAGLE CREST DR #41$230,00021932CONDO14
4 TOUCHSTONE  #74$235,00032.11351CONDO8
12848 BOONES FERRY RD$425,00022.11182CONDO0
12826 Boones Ferry RD$445,00022.11182CONDO6
41 ORIOLE LN$500,000221564DETACHD10
17 AQUINAS ST$599,900322139DETACHD6
4241 COBB WAY$599,950321484DETACHD8
18431 INDIAN CREEK DR$635,000421736DETACHD17
457 LAUREL ST$650,000332264DETACHD14
5795 LANGFORD LN$659,000221687DETACHD0
1672 HIGHLAND DR$699,900421867DETACHD4
2697 LOOKOUT CT$720,000322219DETACHD29
12 MORNINGVIEW LN$730,00032.12718ATTACHD4
16904 CHERRY CREST AVE$759,000322167DETACHD2
5466 BAY CREEK DR$789,000332535DETACHD4
1580 WOODLAND TER$835,00032.12430DETACHD4
18360 TUALATA AVE$845,00052.12703DETACHD10
14121 REDWOOD CT$885,00043.12827DETACHD24
16750 PHANTOM BLUFF CT$899,000332267DETACHD2
41 TOUCHSTONE$920,000433090DETACHD21
18430 PILKINGTON RD$1,095,000433021DETACHD77
5316 CHILDS RD$1,097,77062.13847DETACHD318
12730 ADRIAN CT$1,195,00042.13014DETACHD24
14360 UPLANDS DR$1,230,00043.22577DETACHD16
17467 WESTVIEW DR$1,275,00043.14119DETACHD4
2950 GREENTREE RD$1,495,00043.13691DETACHD8
2442 PALISADES CREST DR$1,598,00042.13071DETACHD4
855 G AVE$2,000,00032.13710DETACHD17
1889 HIGHLANDS LOOP$5,499,00056.16832DETACHD20
3328 LAKEVIEW BLVD$6,398,00045.16675DETACHD18

SOLD AUG 9-15, 2021

AddressOpeningClosedBedsBathsSFProp TypeCDOM
39 OSWEGO SMT$269,000$280,500221212CONDO3
4041 JEFFERSON PKWY$289,000$300,00011.11060CONDO4
1367 BONNIEBRAE DR$399,000$400,00021.11008ATTACHD2
1509 BONNIEBRAE DR$482,900$507,00032.11739ATTACHD6
23 FALSTAFF ST$649,000$600,000321435DETACHD38
5051 TUALATA LN$714,900$640,000421581DETACHD37
5880 ROCKWOOD CT$656,500$680,000321772DETACHD2
18811 REAO CT$639,900$705,00032.11916DETACHD7
18426 SANDPIPER WAY$688,000$705,000431884DETACHD5
537 COUNTRY CLUB RD$849,000$760,000321901DETACHD93
13041 THOMA RD$770,000$760,00032.12418DETACHD4
1811 KILKENNY DR$758,000$780,000433794DETACHD0
32 MORNINGVIEW CIR$750,000$799,00032.12718DETACHD7
1672 LAKE FRONT RD$650,000$805,000321768DETACHD5
2440 OVERLOOK DR$879,900$825,000433850DETACHD15
5895 SUNCREEK DR$749,000$910,000422379DETACHD5
17 WESTRIDGE DR$875,000$935,00043.23533DETACHD11
3830 TEMPEST DR$999,995$937,00032.13099DETACHD22
16933 GREENTREE AVE$874,900$975,00042.12276DETACHD28
1931 PARK FOREST CT$1,025,000$1,085,00064.14107DETACHD6
17649 WOODHURST PL$1,198,000$1,120,00054.15669DETACHD103
4440 UPPER DR$1,899,000$1,850,00043.13583DETACHD42
18783 STAFFORD RD$2,295,000$1,875,00054.25757DETACHD147
1978 EGAN WAY$2,198,000$2,095,15045.26761DETACHD64
18098 PILKINGTON RD$2,199,000$2,277,00045.16680DETACHD6
3183 DOUGLAS CIR$3,450,000$3,450,00044.15595DETACHD0
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.

Someone’s Got to Do It!

Monday, August 9th is Realtor Day at the Street of Dreams. Dianne and I decided to get a jump on everything and visited a day early. I know she wants to do a post on trends, so I won’t share the most fun pictures with you, but here we are as real human Realtors doing the hard investigative work for YOU!

Here is Dianne in very good hands (sorry…couldn’t resist : )

Again… we work hard for you.

Dianne hated this bathroom ; )

AND we’re learning that (as we wipe our brows) we really need to avail ourselves of the help that has become so common in all of our lives. (So bougie…)

Lastly, with all that energy we save by not having to mow our lawns, we can now relax with a few of our best moves on the court.

Seriously, it was a lovely day. Dianne and I get to see a lot of homes obviously, but its always a treat to see the latest trends in layout, materials, fixtures & colors. As I mentioned, Dianne will be covering these trends, so I’ll let her share the meaty stuff, but I will say that it is very worth your while this year. Here is a link to get your ticket! You may visit 10AM-9PM through August 22nd. They’re closed Mondays & Tuesdays. CLICK HERE

Market Activity ~ July 26-Aug 1, 2021

There were 11 homes entering the market last week, 19 that moved to Pending status (accepted offers) and 30 that Closed/Sold. Right now there are 109 lovely properties available in Lake Oswego!

Here is the breakdown using RMLS data:

NEW July 26-Aug 1, 2021

 List PriceBedsBathsSFType
47 EAGLE CREST DR  #41$230,00021932CONDO
4 TOUCHSTONE   #143$239,00032.11351CONDO
1589 BOCA RATAN DR$470,000321611ATTACHD
457 LAUREL ST$650,000332264DETACHD
18431 INDIAN CREEK DR$660,000421736DETACHD
15964 WHITE OAKS DR$949,90042.13015DETACHD
13060 SW ELK ROCK RD$1,178,000433681DETACHD
7 GARIBALDI ST$1,450,00043.16303DETACHD
14050 GOODALL RD$2,350,00054.26943DETACHD
2643 SOUTHSHORE BLVD$3,300,00033.24543DETACHD
1199 FAIRWAY RD$3,498,00044.25527DETACHD

PENDING July 26-Aug 1, 2021

AddressList PriceBedsBaths SFTypeDays
4 TOUCHSTONE #66$205,00032.11351CONDO6
16250 PACIFIC HWY  #78$343,500221305CONDO35
5058 FOOTHILLS DR, A$420,000321252CONDO8
17500 PILKINGTON RD$460,000211050DETACHD8
15115 QUARRY RD$650,000432865DETACHD19
5101 ROSEWOOD ST$665,00032.11736DETACHD4
13198 PETERS RD$695,00032.12630DETACHD29
17 MORNINGVIEW CIR$785,00032.12532DETACHD6
4987 BILFORD LN$799,90032.12302DETACHD5
1520 EASTVIEW CT$963,000443789DETACHD4
4750 UPPER DR$1,100,00053.13091DETACHD125
17543 LAKE HAVEN DR$1,185,00042.12333DETACHD9
427 9TH ST$1,199,00053.13250DETACHD12
17190 WALL ST$1,395,00054.26702DETACHD131
151 3RD ST   #1$1,499,00032.13278CONDO37
2167 WEMBLEY PARK RD$1,750,00043.14015DETACHD9
2572 GLEN EAGLES PL$2,195,00054.26532DETACHD107
1677 LESLIE LN$2,390,00046.17534DETACHD147
2945 UPPER DR$2,500,00044.14227DETACHD0

SOLD July 26-Aug 1, 2021

AddressOpenClosedBedsBathsSFType
42 CERVANTES CIR  #4B$250,000$261,00021.1912CONDO
153 OSWEGO SMT, Lower$279,990$269,000221677CONDO
163 OSWEGO SMT, Upper$285,000$310,000221506CONDO
16250 PACIFIC HWY  #41$360,000$350,000221380CONDO
  #10$515,000$500,00022.11743CONDO
5616 CHILDS RD$495,000$536,000311232DETACHD
53 ORIOLE LN$549,000$545,00032.12072DETACHD
38 NORTHVIEW CT$638,900$618,000443125ATTACHD
1701 ASPEN CT$663,800$663,800321956DETACHD
5 BECKET ST$685,000$685,00042.13654DETACHD
17 CHURCHILL DOWNS$649,900$712,000431966DETACHD
217 HIDALGO ST$769,900$737,45032.14312DETACHD
5440 BAY CREEK DR$775,000$840,00032.12442DETACHD
9 PREAKNESS CT$849,900$875,000433750DETACHD
1692 HIGHLAND DR$795,000$905,000432162DETACHD
1874 GLENMORRIE TER$950,000$952,000333508DETACHD
1503 PINE ST$875,000$959,000432842DETACHD
5681 YORKSHIRE CT$894,900$962,50042.12985DETACHD
1704 GLENMORRIE TER$950,000$965,00052.14292DETACHD
663 CARRERA LN$899,000$1,000,000322356DETACHD
125 FURNACE ST, Upper$995,000$1,075,00022.11927CONDO
12723 ADRIAN CT$1,098,000$1,098,000433190DETACHD
5933 SUNCREEK DR$1,250,000$1,200,00043.24027DETACHD
18635 WESTVIEW DR$1,150,000$1,275,000455102DETACHD
19305 HILL TOP RD$1,375,000$1,405,00043.15116DETACHD
569 7TH ST$1,450,000$1,450,000443135DETACHD
4502 LAMONT WAY$1,795,000$1,675,000443880DETACHD
301 IRON MOUNTAIN BLVD$1,649,000$1,752,00043.23036DETACHD
2254 KNAUS RD$4,125,000$3,900,00045.17436DETACHD
1617 LAKE FRONT RD$4,500,000$4,500,00044.14610DETACHD
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.

News & Notes ~ June Numbers 2021

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 June 2021: 

New Listings and Closings increased in June, and/but Accepted Offers (Pendings) decreased from last year’s June figures as well as last month /May.

Inventory rose a whopping .1% in June (ha ha). We’re still at record (record) lows. While we’re talking records, check out those neighborhood appreciation levels below. Just wow.

My trusted mortgage advisor says rates are down a bit to 3.0%! Fed is indicating that they’ll continue to support the markets as the job picture improves.

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

  • There were 4,298 New Listings in June 2021 increased 17.5% over April 2020’s 3,658 and increased 8.2% from the previous month/May’s 3,971.
  • At 3,477, June 2021’s Closed Sales are up 28.3% from June 2020’s 2,709, and also up 9.2% from the previous month/May’s total of 3,183
  • At 3,534, June 2021’s Pending Sales decreased 3.3% from June 2020’s 3,654, and also dropped 4.9% from the previous month/May’s total of 3,717.
  • The Average Sale Price in June 2021 of $597,100 is up $117,400 from last year/June2020’s $479,700, and up $14,900. from the previous month/May’s $582,200. 
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in June 2021 of $521,000 rose $86,000 from last year/June 2020’s $435,000, and also increased $6,000 from the previous month/May’s $515,000.

LAKE OSWEGO

  • 146 Active Listings (May 129)
  • 262 New Listings    (May 222)
  • 202 Pending Sales (May223)
  • 229 Closed Sales    (May 199)
  • Average Sale Price for June: $1,018,100 (May $928,300)
    • 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.
  •  21 Average Days on the Market   (May 28)

Market Activity ~ July 12-18, 2021

This last week there were 14 properties entering the market, 25 moving to Pending/accepted contract, and 20 that Sold/Closed. here is the latest according to RMLS:

NEW July 12-18, 2021

AddressList Price# Beds# BathsTotal SFProp Type
29 CRESTFIELD CT / Grnd$249,90022989CONDO
36 CRESTFIELD CT / Upper$295,00021921CONDO
18281 WOOD THRUSH CIR$715,00042.12240DETACHD
2697 LOOKOUT CT$720,000322219DETACHD
1430 LARCH ST$815,000332312DETACHD
4 SHERWOOD CT$825,00042.12870DETACHD
3065 ROYCE WAY$835,00042.12726DETACHD
14121 REDWOOD CT$969,90043.12827DETACHD
1535 PINE ST$1,100,00032.12390DETACHD
427 9TH ST$1,199,00053.13250DETACHD
45 NANSEN SMT$1,250,00044.15874DETACHD
12730 ADRIAN CT$1,295,00042.13014DETACHD
732 ELLIS AVE$2,350,00042.13482DETACHD
17475 BLUE HERON RD$3,995,00055.15787DETACHD

PENDING July 12-18, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
45 EAGLE CREST DR  #49$249,900221214CONDO5
163 OSWEGO SMT / Upper$285,000221506CONDO2
4041 JEFFERSON PKWY$289,00011.11060CONDO4
16250 PACIFIC HWY  #41$360,000221380CONDO20
6135 SHAKESPEARE ST$549,900421656DETACHD21
16501 LAKE FOREST BLVD$550,000311429DETACHD28
31 ORIOLE LN$569,000331968DETACHD4
17902 TAMARA AVE$569,900422082DETACHD4
6545 SW Childs RD$600,000643134DETACHD1
23 FALSTAFF ST$629,000321435DETACHD38
18811 REAO CT$639,90032.11916DETACHD7
6227 WAYZATA CT$649,99931.11232DETACHD7
5880 ROCKWOOD CT$656,500321772DETACHD2
4 PIMLICO TER$690,000322100DETACHD3
9 SPINOSA$749,00022.12250DETACHD5
1811 KILKENNY DR$758,000433794DETACHD0
17802 HILLSIDE WAY$779,80042.13026DETACHD23
759 TIMBERLINE DR$825,000432928DETACHD21
16933 GREENTREE AVE$874,90042.12276DETACHD28
3333 ROYCE WAY$949,90032.12896DETACHD7
18320 DELENKA LN$995,00042.14519DETACHD67
17649 WOODHURST PL$1,198,00054.15669DETACHD103
4210 VIRGINIA WAY$1,489,00044.13508DETACHD58
19395 HILL TOP RD$1,575,00053.24788DETACHD4
13700 FIELDING RD$4,998,00054.25802DETACHD3

SOLD July 12-18, 2021

AddressOpeningClosedBedsBathsSFProp TypeDays
23 CRESTFIELD CT / Grnd$199,000$220,00011689CONDO2
4 TOUCHSTONE  #123$215,000$225,00032.11351CONDO26
45 EAGLE CREST DR  #311$245,000$260,000221046CONDO2
4000 CARMAN DR,  E80$289,000$289,00022993CONDO28
3892 BOTTICELLI ST / Main$303,500$305,000321288CONDO4
5691 WINDFIELD LOOP$599,000$594,000321588DETACHD6
16775 WESTVIEW DR$629,000$693,000321806DETACHD4
13019 SIERRA CT$819,000$805,00042.12522DETACHD8
19001 BARTON RD$899,000$830,00042.12194DETACHD13
18343 ANDUIN TER$995,000$970,00042.13000DETACHD19
5774 BAY POINT DR$1,195,000$1,119,00052.13674DETACHD25
18711 WESTVIEW DR$1,195,000$1,200,00043.13592DETACHD6
5024 DOGWOOD DR$1,195,000$1,358,00043.13267DETACHD2
4640 DOGWOOD DR$1,550,000$1,400,000444142DETACHD9
560 4TH ST$1,449,000$1,450,00034.13186ATTACHD23
3729 ELEANOR CT$1,598,000$1,500,00044.14061DETACHD9
18031 MEADOWLARK LN$1,585,000$1,525,00043.13798DETACHD5
853 D AVE$1,950,000$1,812,50043.15137DETACHD56
1845 PALISADES TERRACE DR$3,650,000$2,990,00032.12674DETACHD17
1125 MAPLE ST$3,900,000$3,650,00043.16254DETACHD82
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.

When Looking At Houses~

  • 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

AddressList Price# Beds# BathsTotal SFProp Type
422 S STATE ST$324,997211659CONDO
162 OSWEGO SMT  #162$419,950221506CONDO
13198 PETERS RD$695,00032.12630DETACHD
18571 WAXWING WAY$810,00042.12151DETACHD
2936 SW ORCHARD HILL PL$998,00042.13419DETACHD
14002 CHELSEA DR$1,195,00042.13457DETACHD
2420 PRESTWICK RD$2,500,00063.13723DETACHD

PENDING June 28 – July 4, 2021

AddressList Price# Beds# BathsSFProp TypeDOM
153 OSWEGO SMT / Lower$269,000221677CONDO27
39 OSWEGO SMT / Grnd$269,000221212CONDO3
4000 CARMAN DR  #E80$289,00022993CONDO28
5061 FOOTHILLS DR, C$335,00022991CONDO8
210 S STATE ST  #10$515,00022.11743CONDO7
53 ORIOLE LN$549,00032.12072DETACHD17
6135 SHAKESPEARE ST$549,900421656DETACHD9
16885 FERNWOOD DR$639,500321624DETACHD4
17 CHURCHILL DOWNS$649,900431966DETACHD4
4932 MULHOLLAND DR$698,00032.12498ATTACHD54
1588 CHERRY LN$749,900322001DETACHD3
17071 REBECCA LN$775,000332288DETACHD10
605 7TH ST$775,000212035DETACHD3
1692 HIGHLAND DR$795,000432162DETACHD4
5675 VICTORIA CT$825,00032.12563DETACHD4
1874 GLENMORRIE TER$920,000333508DETACHD66
17904 CARDINAL PL$949,00032.11840DETACHD5
5697 CHARLES CIR$950,00042.13268DETACHD4
1704 GLENMORRIE TER$975,00052.14292DETACHD4
15136 GLEN EAGLES CT$1,200,00042.12607DETACHD4
13700 KNAUS RD$1,245,00032.12654DETACHD7
569 7TH ST$1,450,000443135DETACHD4
14088 GOODALL RD$1,625,00053.24441DETACHD25
301 IRON MOUNTAIN BLVD$1,649,00043.23036DETACHD2
4440 UPPER DR$1,899,00043.13583DETACHD42
17301 BERGIS FARM DR$2,199,00043.14737DETACHD69
1075 CHANDLER RD$2,699,00054.15710DETACHD40

SOLD June 28-July 4, 2021

AddressOpeningClosed # Beds# BathsSFProp TypeDOM
4 TOUCHSTONE  #118$219,900$220,00022984CONDO3
4000 CARMAN DR  #E68$255,000$262,00011836CONDO3
44 EAGLE CREST DR  #28$260,000$265,000321161CONDO2
78 GALEN ST  /  Upper$299,000$290,00022989CONDO4
3688 SPRING LN  #3D$350,000$350,000221117CONDO3
19 SUMMIT RIDGE CT$449,000$449,00022.11558ATTACHD11
6200 SHAKESPEARE ST$540,000$577,000321250DETACHD2
4771 AUBURN LN$679,000$650,00033.12183ATTACHD32
4396 GALEWOOD ST$650,000$680,00032.11672DETACHD12
1131 OXFORD DR$675,000$715,000432200DETACHD9
16441 BONAIRE AVE$679,900$750,000311677DETACHD5
4097 BUCK BRUSH LN$749,900$760,00032.12533DETACHD5
15481 TANAGER DR$725,000$768,17532.12153DETACHD3
12792 SIERRA VISTA DR$899,000$915,00042.13343DETACHD6
400 LAKE BAY CT$1,050,000$1,082,68032.11904DETACHD3
441 9TH ST$895,000$1,100,000422408DETACHD1
14175 TAYLORS CREST LN$1,095,000$1,106,000433432DETACHD4
1896 PALISADES LAKE CT$1,199,000$1,275,000433439DETACHD4
17436 KELOK RD$1,595,000$1,375,00042.13054DETACHD32
804 2ND ST$1,550,000$1,450,00052.12945DETACHD30
18224 BELLA TERRA DR$1,575,000$1,575,00043.14050DETACHD8
4484 WEST BAY RD$1,649,000$1,631,50053.14417DETACHD6
1175 CHERRY CIR$1,850,000$1,850,000656300DETACHD12
18740 GREEN BLUFF DR$1,800,000$1,850,000433645DETACHD3
7 DOVER WAY$1,899,999$1,900,00055.17803DETACHD3
1099 CHERRY CIR$1,690,000$2,110,00053.13796DETACHD5
13233 AMBER PL$1,999,000$2,150,000443913DETACHD0
2950 WEMBLEY PARK RD$2,499,000$2,499,00055.16667DETACHD3
460 BERGIS RD$5,495,000$4,321,45564.15114DETACHD569
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.

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

AddressList Price# Beds# BathsTotal SFProp Type
14425 HOLLY SPRINGS RD$770,000532238CONDO
1724 FERN PL$950,000332160DETACHD
15776 INVERURIE RD$1,095,000322352DETACHD
13207 DEERFIELD CT$1,175,00043.13801DETACHD
5933 SUNCREEK DR$1,250,00043.24027DETACHD
7 NANSEN SMT$1,499,00044.15640DETACHD
1687 VILLAGE PARK LN$1,500,000433362DETACHD
16743 SW Pacific Highway$2,195,00043.14340DETACHD
420 RIDGEWAY RD$4,250,000443505DETACHD

PENDING June 14-20, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
4 TOUCHSTONE, #68$219,00022984CONDO58
4 TOUCHSTONE, #118$219,90022984CONDO3
4000 CARMAN DR  B27$269,00022869CONDO2
16250 PACIFIC HWY, #48$345,000221305CONDO5
5225 JEAN RD, #203$359,900321400CONDO7
1 EAGLE CREST DR$549,000321290DETACHD4
5691 WINDFIELD LOOP$599,000321588DETACHD6
38 NORTHVIEW CT$638,900443125ATTACHD324
4124 HARVEY WAY$649,900321410DETACHD22
1701 ASPEN CT$663,800321956DETACHD5
2604 GLEN HAVEN RD$729,900422104DETACHD3
15518 HERITAGE CT$820,00043.12885DETACHD4
5760 MERIDIAN CT$850,00042.12504DETACHD5
491 COUNTRY CLUB RD$865,000422486DETACHD46
441 9TH ST$895,000422408DETACHD1
17343 BROOKHURST DR$949,90042.13488DETACHD4
5455 LANGFORD LN$999,90042.13398DETACHD35
18711 WESTVIEW DR$1,195,00043.13592DETACHD6
14511 PFEIFER DR$1,250,00042.13422DETACHD6
16200 WALUGA DR$1,450,00053.13375DETACHD4
18031 MEADOWLARK LN$1,525,00043.13798DETACHD5
4502 LAMONT WAY$1,695,000443880DETACHD22
3140 DOUGLAS CIR$1,799,97143.14333DETACHD5
3250 UPPER DR$1,875,00044.14058DETACHD1
18783 STAFFORD RD$1,995,00054.25757DETACHD147
168 PINE VALLEY RD$1,995,00054.14906DETACHD7
1475 CHANDLER RD$3,200,00054.14515DETACHD0

SOLD June 14-20, 2021

AddressOpeningClosed # Beds# BathsTotal SFProp TypeCDOM
16200 PACIFIC HWY  #21$419,900$420,000221190CONDO5
16200 PACIFIC HWY  #4$490,000$430,000221190CONDO68
14392 SHERBROOK PL$515,000$558,00032.12133DETACHD4
3388 EDGEMONT RD$595,000$600,00032.12019DETACHD5
16873 CANYON DR$648,000$635,00032.11879DETACHD0
1865 GREENTREE RD$699,000$680,000421960DETACHD6
13413 AUBURN CT$689,000$689,00043.12822ATTACHD3
1858 SOUTHSHORE BLVD$650,000$710,000422097DETACHD56
16915 GREENTREE AVE$759,000$710,000332791DETACHD7
14 MORNINGVIEW CIR$689,900$715,00043.12728DETACHD19
17380 MARJORIE AVE$675,000$750,000421810DETACHD3
5546 ROYAL OAKS DR$759,000$770,000321920DETACHD23
2911 SW ORCHARD HILL PL$795,000$782,00043.13740DETACHD37
1244 HALLINAN CIR$775,000$885,000432485DETACHD5
4188 COBB WAY$825,000$910,000432586DETACHD5
5747 VICTORIA CT$810,000$925,00042.12432DETACHD2
1982 WEMBLEY PARK RD$975,000$925,000544561DETACHD15
2740 GLEN HAVEN RD$699,900$950,00032.11612DETACHD3
340 8TH ST$875,000$954,000322146DETACHD4
4471 West RD, Lot 4$1,125,000$1,200,181433885DETACHD10
3610 PIPER CT$1,300,000$1,225,00043.13976DETACHD60
5795 DOGWOOD DR$1,285,000$1,265,00042.13420DETACHD4
5800 SEVILLE AVE$1,299,000$1,310,000443912DETACHD12
755 5TH ST$1,375,000$1,422,50043.13001DETACHD4
3933 EDENS EDGE DR$1,450,000$1,450,00043.14436DETACHD35
137 FURNACE ST / Upper$1,479,000$1,485,000321927CONDO3
1640 COUNTRY CMNS$1,635,000$1,635,00044.15343DETACHD0
445 NORTHSHORE RD$3,198,000$3,110,00033.12908DETACHD2
1730 NORTHSHORE RD$4,295,000$4,192,50043.14173DETACHD3
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.

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-9:00PMStory Line Recordings~ Listen to poetry and short stories anytime! dial 503-636-7628 and press 6 More Info:  CLICK HERE

Tues, June 15, 2021 – 4:00-5:00PMCook 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 – 4:00-6:00PMParks 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 – 7:00-8:30PMTrivia 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-1:30PMLake 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 DayFathers 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.