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)

Plant Sale

I’m reversing the order of my blog posts this week. Usually the market activity report is posted first and then an editorial. However, this week I want you to have a heads up about a great even this Saturday, with time to get it onto your calendar.

This is the 97th year for the Lake Grove Garden Club’s annual sale. It will be this Saturday, the 19th of June, from 9 to noon, at Our Saviors Lutheran Church on Quarry Rd.

A wide variety of plants and garden objects will be offered, most at prices significantly less than you would find at garden stores. This is possible because the plants have been raised and cultivated by members of the club.

Proceeds go to community projects to beautify the neighborhoods, to protect heritage plants, and to a scholarship to support a student who attends Clackamas Community College in the horticulture program. Very worthwhile!

For me gardening is a salve to my soul. Digging in the dirt really is so calming, peaceful, and rewarding. I think it’s also cheaper than therapy!

Dianne

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.

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

AddressList Price# Beds# BathsTotal SFProp Type
47 EAGLE CREST DR  #54$186,00011672CONDO
4619 LAKEVIEW BLVD / Grnd$205,00011753CONDO
153 OSWEGO SMT/Lower$279,990221677CONDO
482 S STATE ST / 3B$385,000211659CONDO
19 SUMMIT RIDGE CT$449,00022.11558ATTACHD
156 RIDGEWAY RD$450,00032.11805CONDO
5051 TUALATA LN$714,900421581DETACHD
7 MOUNTAIN VIEW LN$850,00052.13324DETACHD
3830 TEMPEST DR$999,995433099DETACHD
12975 SW ELK ROCK RD$1,499,00053.14569DETACHD
4640 DOGWOOD DR$1,500,000444142DETACHD
2023 RIDGEWOOD RD$1,500,00042.14340DETACHD
3729 ELEANOR CT$1,598,00044.14061DETACHD
17575 S CRESTLINE DR$3,500,00054.27496DETACHD
1777 SKYLAND DR$3,700,00043.14871DETACHD

PENDING May 31-June 6, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
4000 CARMAN DR, E68$255,00011836CONDO3
4000 CARMAN DR, E80$289,00022993CONDO1
15438 SW STEPHANIE CT$469,98732.11627ATTACHD6
6200 SHAKESPEARE ST$540,000321250DETACHD2
4124 HARVEY WAY$649,900321410DETACHD7
14417 ORCHARD SPRINGS RD$649,99942.11968DETACHD22
4396 GALEWOOD ST$650,00032.11672DETACHD12
17310 CANYON DR$750,000532716DETACHD3
33 DA VINCI ST$760,000532560DETACHD4
1455 NELSON CT$835,00042.12210DETACHD2
340 8TH ST$875,000322146DETACHD4
663 CARRERA LN$899,000322356DETACHD1
17144 WARREN CT$920,00042.12778DETACHD18
18768 WOOD DUCK ST$925,000433016DETACHD4
18343 ANDUIN TER$970,00042.13000DETACHD19
4137 ORCHARD WAY$975,00052.13680DETACHD2
2011 RIDGEWOOD LN$999,90053.13115DETACHD3
4379 SNOWBRUSH CT$1,050,000433596DETACHD2
19229 35TH PL$1,100,00053.14764DETACHD113
5800 SEVILLE AVE$1,299,000443912DETACHD12
19305 HILL TOP RD$1,375,00043.15116DETACHD277
4390 SUNSET DR$1,399,00042.13035DETACHD1
640 9TH ST$1,450,000433321DETACHD5
858 10TH ST$1,650,00032.12410DETACHD6
1099 CHERRY CIR$1,690,00053.13796DETACHD5
4440 UPPER DR$1,899,00043.13583DETACHD16
2112 GOODALL CT$2,100,000434078DETACHD4
2254 KNAUS RD$4,125,00045.17436DETACHD46

SOLD May 31-June 6, 2021

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeDOM
4 TOUCHSTONE  #87$205,000$190,00022984CON217
147 OSWEGO SMT/Upper$232,000$251,000221140CON3
3668 SPRING LN  #4B$320,000$385,000221117CON4
5221 TREE ST$525,000$555,00031924DET3
10 ORIOLE LN$500,000$572,500321502DET5
17 LAUREL ST$599,000$599,00031.13096DET6
1033 SPRUCE ST$745,000$725,00022.11638DET12
2734 SW ORCHARD HILL LN$720,000$785,50042.12816DET4
17944 RIDGE LAKE DR$775,000$802,50042.12525DET3
5110 ROSEWOOD ST$800,000$840,00032.12464DET5
1118 ANDREWS RD$849,000$849,000322182DET3
4350 UPPER DR$875,000$855,000321717DET18
17043 CRESTVIEW DR$799,900$895,00042.12303DET4
17787 BLUE HERON DR$895,000$896,500432519DET9
324 LAKEWOOD RD$928,000$928,250221383DET10
30 HILLSHIRE DR$950,000$950,00042.13887DET2
2376 FERNWOOD CIR$849,900$950,625422094DET5
1768 GLENMORRIE DR$978,000$988,000332904DET2
1920 Park Forest AVE$1,125,000$1,050,000332679DET19
4145 CHAD DR$1,050,000$1,055,00042.13360DET9
13348 FIELDING RD$1,070,550$1,070,55031.12068DET1
5633 GRAND OAKS DR$950,000$1,075,00042.13156DET4
2357 HILLSIDE LN$1,195,000$1,195,000534162DET5
56 WILBUR ST$1,225,000$1,200,00033.13600CON7
5665 GRAND OAKS DR$1,025,000$1,220,000534226DET3
127 FURNACE ST/Upper$1,349,000$1,349,00022.12016CON7
3931 BASS LN$1,365,000$1,365,00054.14284DET2
3119 WEMBLEY PARK RD$1,385,000$1,465,00043.13688DET2
3423 LAKE GROVE AVE$1,695,000$1,650,00043.14721DET25
1799 ATHERTON DR$1,669,000$1,669,00045.16280DET37
18639 PILKINGTON RD$1,675,000$1,675,000444281DET7
19342 LORNA LN$1,685,000$1,685,00043.14375DET2
17432 KELOK RD$1,595,000$1,710,00032.13023DET3
165 PINE VALLEY RD$2,350,000$2,350,000444067DET0
1775 SOUTHSHORE BLVD$4,950,000$4,512,00035.15401DET0

Market Activity May 24-30, 2021

Our real estate market continues to be extremely strong with properties selling quickly and often for more than the list price. In Lake Oswego last week we had 13 new listings, 39 properties move into pending status and 28 sold/closed homes.

See below for RMLS details.

New on the Market May 24-30, 2021

AddressTypePriceBRBathsSq Ft
15438 SW Stephanie CtAttached$469,98732.51627
4124 Harvey WayDetached$649,900321410
217 HidalgoDetached$769,90032.54312
5542 Dunmire DrDetached$899,00042.53256
19001 Barton RdDetached$899,00042.52194
18430 Pilkington RdDetached$1,175,000433021
640 9th StDetached$1,450,000433321
858 10th StDetached$1,650,00032.53880
4502 Lamont WayDetached$1,795,000443880
17600 Upper Cherry LnDetached$2,099,00043.53905
1155 Crestline CtDetached$2,200,00054.57438
19379 Riverwood LnDetached$2,700,000544584
1075 Chandler RdDetached$2,799,00054.55710

Pending sales May 24-30, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #123Condo$215,00032.5135114
49 Oswego SummitCondo$215,000117213
4000 Carman Dr #60Condo$265,0002286639
78 Galen StCondo$299,000229894
3688 Spring Ln 3DCondo$350,0002211173
1104 Boca Ratan DrAttached$459,00032.5173921
103 Kingsgate RdDetached$525,00032.513525
3388 Edgemont RdDetached$595,00032.520195
979 Devon LnDetached$599,90043.523624
31 Partridge LnDetached$634,9004331585
830 Laurel StDetached$645,0003214003
1131 Oxford DrDetached$675,0004322009
5717 Langford LnDetached$675,00032.518004
16441 Bonaire AveDetached$679,9003116775
13413 Auburn CtAttached$689,00043.528223
15481 Tanager DrDetached$725,00032.521539
9 Falstaff StDetached$729,00042.5243651
4846 Lower DrDetached$749,900532655105
1401 Aspen StDetached$749,95032.528506
686 Sunny Hill DrDetached$750,00042.523926
17266 Fernwood DrDetached$779,00032.520865
12427 SW Orchard Hill RdDetached$849,00042.530232
12792 Sierra Vista DrDetached$899,00042.533436
17575 Blue Herron CtDetached$899,90043.529724
1874 Glenmorrie TerrDetached$950,00033350835
400 Lake Bay CtDetached$1,050,00032.519043
1151 Cherry CircleDetached$1,195,00043.540097
1896 Palisades Lake CtDetached$1,199,0004334394
4081 Pfeifer CtDetached$1,200,00053.540783
18336 Westview DrDetached$1,395,0004449219
804 2nd StDetached$1,450,00052.5294530
18224 Bella Terra DrDetached$1,575,00043.540508
149 Furnace St #25Condo$1,795,00043.539546
1175 Cherry CircleDetached$1,850,00065630012
13233 Amber PlDetached$1,999,0004439130
13589 Goodall RdDetached$2,599,00043444338
445 Northshore RdDetached$3,198,00033.529082
460 Bergis RdDetached$4,750,00064.55114569
1190 Fairway RdDetached$5,495,00045.558559

Sold/Closed May 24-30, 2021

AddressTypeList PriceSold PriceSq FtCDOM
13 Oswego SummitCondo$199,900$205,00076427
4 Touchstone #111Condo$220,000$214,5001,3516
47 Eagle Crest Dr #63Condo$235,000$248,8008304
5059 Foothills Dr GCondo$335,000$330,00099114
243 CervantesCondo$399,000$390,000129253
1461 Greentree CircleDetached$645,000$660,00017458
13901 Sundeleaf DrDetached$622,000$680,00019886
5316 Lower DrDetached$699,000$687,000201615
15380 Twin Fir RdDetached$692,000$707,000294025
1931 Mapleleaf CtDetached$699,900$740,00022925
1038 Gans StDetached$660,000$760,0002,0584
18491 Waxwing CircleDetached$675,000$780,0001934$4
100 D AveAttached$798,000$800,00018475
282 Ash StDetached$780,000$815,000279130
18123 Westridge DrDetached$799,900$873,00026774
24 Tanglewood DrDetached$750,000$935,00026303
32 Westridge DrDetached$949,000$950,00036538
16176 Nola CtDetached$969,000$973,50029455
885 10th StDetached$1,150,000$1,075,000263321
6 Sherwood CtDetached$995,900$1,085,00031334
18958 Bryant RdDetached$1,199,900$1,150,000317813
5570 Kilchurn AveDetached$1,150,000$1,251,00029313
1924 Cheryl CtDetached$1,595,000$1,700,00053065
3711 Wren StDetached$1,595,000$1,700,00033474
13300 Atwater LnDetached$1,599,000$1,700,00031103
18012 Eastridge LnDetached$2,100,000$2,075,000587510
17660 Wayside LnDetached$1,950,000$2,185,00047845
17979 S Crestline DrDetached$3,045,000$2,687,0004,85818

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 ~ 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

AddressList Price# Beds# BathsTotal SFProp Type
43 GREENRIDGE CT$425,00031.11652ATTACHD
12572 BOONES FERRY RD$579,000421577DETACHD
4396 GALEWOOD ST$650,00032.11672DETACHD
1131 OXFORD DR$675,000432200DETACHD
5071 TUALATA LN$675,000331540DETACHD
15481 TANAGER DR$725,00032.12153DETACHD
1015 SOUTH SHORE BLVD$1,089,000433882DETACHD
5800 SEVILLE AVE$1,299,000443912DETACHD
18336 WESTVIEW DR$1,395,000444921DETACHD
4210 VIRGINIA WAY$1,549,00044.13508DETACHD
18224 BELLA TERRA DR$1,575,00043.14050DETACHD
4440 UPPER DR$1,899,00043.13583DETACHD
1978 EGAN WAY$2,198,00045.26761DETACHD
14500 UPLANDS DR$2,495,00054.25544DETACHD

PENDING May 17-23, 2021

AddressList Price# Beds# BathsTotal SFProp TypeCDOM
4 TOUCHSTONE   #69$220,00032.11351CONDO3
47 EAGLE CREST DR   #63$235,00021830CONDO4
750 1ST ST   E28$245,00011902CONDO31
137 OSWEGO SMT / Upper$269,500221212CONDO5
3882 BOTTICELLI ST / Main$289,000321224CONDO20
3892 BOTTICELLI ST / Main$303,500321288CONDO4
3950 CARMAN DR / Grnd$345,00022.11101CONDO3
1335 LAUREL ST$350,000211248DETACHD3
4320 BOTTICELLI ST   #11$379,99522.22098ATTACHD13
16200 PACIFIC HWY   #21$419,900221190CONDO5
14392 SHERBROOK PL$515,00032.12133DETACHD4
338 LAUREL ST$529,000321346DETACHD4
2991 GLEN HAVEN RD$650,000432560DETACHD5
14 MORNINGVIEW CIR$699,90043.12728DETACHD19
2740 GLEN HAVEN RD$699,90032.11612DETACHD3
19419 TUALAMERE AVE$749,000322068DETACHD9
16915 GREENTREE AVE$759,000332791DETACHD7
1244 HALLINAN CIR$775,000432485DETACHD5
3061 WESTVIEW CT$799,000433396DETACHD36
5747 VICTORIA CT$810,00042.12432DETACHD2
5737 CHARLES CIR$899,00042.13088DETACHD4
17144 WARREN CT$920,00042.12778DETACHD6
69 Nansen Summit$985,00032.13185DETACHD5
2002 CEDAR CT$1,079,000322945DETACHD6
14175 TAYLORS CREST LN$1,095,000433432DETACHD4
56 WILBUR ST$1,225,00033.13600ATTACHD7
138 DEL PRADO ST$1,425,000544500DETACHD3
4484 WEST BAY RD$1,649,00053.14417DETACHD6
16315 CHAPIN WAY$1,795,00043.13478DETACHD4
18740 GREEN BLUFF DR$1,800,000433645DETACHD3
7 DOVER WAY$1,899,99955.17803DETACHD3
1845 PALISADES TERRACE DR$3,650,00032.12674DETACHD17
1125 MAPLE ST$3,900,00043.16254DETACHD82

SOLD May 17-23, 2021

AddressOpening PriceClosed Price# Beds# BathsTotal SFProp TypeCDOM
82 GALEN ST / Upper$199,500$210,00010.1690CONDO2
5059 FOOTHILLS DR  E$312,000$338,00022989CONDO10
54 GREENRIDGE CT$429,000$440,000321596CONDO7
5509 BONITA RD$449,900$560,000322000DETACHD3
76 GREENRIDGE CT$674,900$632,68543.12868ATTACHD28
19061 REDWING CT$700,000$740,000321611DETACHD4
769 6TH ST$652,000$768,00021720DETACHD2
1002 HEMLOCK ST$725,000$775,00032.11950DETACHD4
1710 YARMOUTH CIR$769,000$780,000221540DETACHD2
1225 Hallinan ST$724,900$788,00032.11819DETACHD6
19233 INDIAN SPRINGS RD$799,950$799,95044.13423DETACHD11
10 YORICK ST$925,000$915,00053.14023DETACHD19
1007 HEMLOCK ST$899,000$963,00032.11930DETACHD3
17167 CEDAR RD$880,000$984,000322673DETACHD3
16126 SW INVERURIE RD$899,000$988,00042.12492DETACHD5
12624 SW 22ND AVE$945,000$1,010,00043.13665DETACHD4
19201 MAREE CT$1,300,000$1,250,00052.14290DETACHD27
1891 PALISADES LAKE CT$1,425,000$1,400,00044.15389DETACHD193
13311 LESLIE CT$1,540,000$1,540,000555596DETACHD0
784 6TH ST$1,625,000$1,625,000433200DETACHD5
822 6TH ST$1,444,900$1,650,000432920DETACHD3
13613 PROVINCIAL HILL WAY$1,550,000$1,675,00063.14534DETACHD4
6 DOVER WAY$1,795,000$1,700,00043.14499DETACHD9
15400 DIAMOND HEAD RD$2,100,000$2,050,00043.13358DETACHD1
15780 TWIN FIR RD$2,975,000$2,825,00044.14270DETACHD44
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 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)

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.