This Week in Lake Oswego ~ Feb 3-9, 2020

Here are my picks for things happening this week!

Mon, Feb 3, 2020– 7:00PM –  Development Review Commission  ~ Opportunity to hear about upcoming projects including new athletic field lighting and a hitting barn at Lakeridge High School – City Hall, 380 A Ave –  Info: CLICK HERE

Tue, Feb 4 2020 –  7:00-8:30PM – “Bayou Boyz” for First Tuesday Music!!!!~***Ding! Ding! Ding!  These guys are just some of the best musicians in the region… at the Lake Oswego Library! Bayou Boyz promise to “swampify your world”. This is Louisiana-style music from coastal areas featured in the 2020 LO Reads title, Rising: Dispatches from the New American Shore, by Elizabeth Rush.  – Lake Oswego Library, 706 4th St-  Info:  CLICK HERE  

Wed, Feb 5th, 2020 – 4:15-5:00PM / Ages 7-12- Meet the Artist  ~ Each week explore an Artist who really made an impact in the world…such as Frida Kahlo, Picasso, Matisse, and Georgia O’Keefe ~ CCP, 1060 Chandler Rd –Info & Reg:  CLICK HERE     

Thu, Feb 6th, 2020 9:00-10:00AM – 50+ Aerobic Exercise to Music  ~ Low-impact class helps w/balance, flexibility, strength. Adult Community Center, 505 G Avenue – Info & Registration: (class has begun/can still sign up!)   CLICK HERE

Fri , Feb 7th 2020:  1:30-4:00, Beasts of the Southern Wild    ~ See this film from  in a theater and discuss it afterwards. In the movie, 6-year-old Hushpuppy (Quvenzhané Wallis) lives with her father Wink (Dwight Henry) in a remote Delta community. Doors open at 1:30. Film starts at 2:00.  – Lake Theater & Cafe, 106 N State St  Info: CLICK HERE 

Sat , Feb 8th 2020:  1:00-2:30, Garden Planning 101   ~Learn about succession planting, companion planting and “what to plant/when”. – Luscher Farm, 125 Rosemont Road  Info: CLICK HERE 

Sun, Feb 9, 2020– 2:00-3:00PM –  Young People Facing Climate Change  ~ Hear a panel featuring youth from Lake Oswego and Lakeridge High Schools discuss how they are feeling about climate change and what opportunities are available to become involved. – City Hall, 380 A Ave –  Info : CLICK HERE

 

Market Activity ~ Jan 20-26, 2020

Last week in Lake Oswego, 4 New properties entered the market, 13 moved to Pending status, and 6 were “Closed”/Sold. We also have 135 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 20-26, 2020)

Address List Price # Beds # Baths Total SF Prop Type
107 OSWEGO SMT/Grnd $214,900 2 1.1 1116 CONDO
157 6TH ST $1,549,000 4 3.1 3614 DETACHD
667 LAKE BAY CT $1,699,900 4 3.1 3616 DETACHD
1350 Andrews RD $2,150,000 3 3.1 3377 DETACHD

PENDING SALES (Jan 20-26, 2020)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1470 BOCA RATAN DR $378,888 4 2 1867 ATTACHD 200
4 THE GROTTO $419,000 3 2.1 1534 DETACHD 256
3802 SOUTHSHORE BLVD $550,000 3 2 1908 DETACHD 2
5207 ROSEWOOD ST $559,900 3 2 1438 DETACHD 5
14480 CAMDEN LN $650,000 3 2.1 2069 DETACHD 4
18006 GIMLEY CT $688,000 5 4 3110 DETACHD 3
19262 Pilkington RD $699,900 3 2.1 2194 CONDO
14253 KIMBERLY CIR $850,000 4 3.1 3527 DETACHD 40
1691 VILLAGE PARK LN $998,000 4 3.1 3980 DETACHD 10
1692 VILLAGE PARK LN $1,198,000 4 3.1 3581 DETACHD 171
1976 HIGHLANDS LOOP $1,650,000 4 3.2 4881 DETACHD 310
162 BERWICK RD $2,199,900 4 4.1 4227 DETACHD 80
17675 CARDINAL DR $2,295,000 4 3 3458 DETACHD 185

SOLD (Jan 20-26, 2020)

Address Opning Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4085 JEFFERSON PKWY $339,000 $306,000 2 2.1 1302 CONDO 85
12862 BOONES FERRY RD #114 $378,500 $378,500 2 2.1 1136 CONDO 47
14024 EDENBERRY CT $860,000 $870,000 4 2.1 3183 DETACHD 3
3 DOVER WAY $999,000 $880,000 5 3.2 4988 DETACHD 130
4350 LORDS LN $1,395,000 $1,395,000 5 4 3888 DETACHD 5
6720 CHILDS RD $1,850,000 $1,715,000 4 4.1 6898 DETACHD 153

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 ~ Dec 2019 Numbers

Here is your look at the most recent data for the entire Portland area (December 2019) and how Lake Oswego fits in to this picture just below.

Inventory dropped a bit in December, but this is to be expected at the holidays. By the same token New Listings and Pending Sales took some steep dives from November, but all numbers are up from last year to varying degrees.  Year-end Average and Median Sales Prices were up modestly from 2018. Neighborhoods are broken out below.

According to the RMLS Market Action Report for the Portland Metro Area, December, 2019:

  • There were 1,270  New Listings in December 2019 which was up 1.2%  from December of 2018’s 1,255, and  dropped 40.0% from the previous month/November’s 2,118.  (Pssst…holidays.)
  • At 2,213, December 2019’s Closed Sales were up 19.9% over December 2018’s 1,846, and also up 1.0% from the previous month/November 2019’s total of 2,191.
  • At 1,772, December 2019’s Pending Sales rose 10.8% over December 2018’s 1,599, and fell 22.1% from the previous month/November 2019’s total of 2,274.
  • The Average Sale Price in December 2019 of $457,700 up $19,100 from last year/December 2018’s $438,600, and down $4,900 from the previous month/November 2019’s $462,600.  
    • Year-to-Date for End-2019 is $459,200
    • Year-to-Date for End-2018 WAS $452,400
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in December 2019 of $405,000 was up from last year/December 2018’s $390,000 by $15,000, and down $10,000 from the previous month/November 2019’s $415,000.   
    • Year-to-Date for End-2019 is $410,000
    • Year-to-Date for End-2018 WAS $400,000

Neighborhoods: December’s Average Sale Price + 12-month Appreciation:

  • North Portland:  $440,200           0.1%   (Nov $453,100)
    •                                                     YTD Median: $409,000
  • NE Portland:  $460,800                   1.8%   (Nov $466,000)
    •                                                     YTD Median: $425,000
  • SE Portland:  $409,000                   1.7%   (Nov $422,200)
    •                                                     YTD Median: $375,000
  • Gresham/Troutdale:   $370,100     4.8%   (Nov $380,800)
    •                                                     YTD Median: $350,300
  • Milwaukie/Clackamas:  $441,300  3.0%   (Nov $450,000)
    •                                                     YTD Median: $419,000
  • Oregon City/Canby:   $446,500      4.1%   (Nov $437,900)
    •                                                     YTD Median: $415,000
  • Lake Oswego/West Linn:$732,400  2.6%  (Nov $718,200)
    •                                                      YTD Median: $590,000
  • West Portland:    $614,300             -2.2%  (Nov $608,900)
    •                                                     YTD Median: $525,000
  • NW Wash County:  $522,600         -0.8%   (Nov$512,000)
    •                                                      YTD Median: $511,000
  • Beaverton/Aloha:     $385,000       3.3%   (Nov$410,800)
    •                                                     YTD Median: $390,000
  • Tigard/Wilsonville:   $438,900        0.5%   (Nov $463,100)
    •                                                      YTD Median: $439,900
  • Hillsboro/Forest Grove: $420,400  4.9%   (Nov $411,700)
    •                                                      YTD Median: $385,000

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of December 2019 reported:

    •  223 Active Listings (Nov 287)
    •   50 New Listings     (Nov  85)
    •   70 Pending Sales   (Nov  97)
    •  107 Closed Sales    (Nov 126)
    • Average Sale Price for December: $732,400  (Nov $718,200)
      • 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.
    •  109 Average Days on the Market   (Nov 101)

 

Market Activity ~ Jan 6-12, 2020

Hello 2020!  Anecdotally, the word on the street is that the market is starting to heat up more like spring than January this year. Last week in Lake Oswego, 12 New properties entered the market, 13 moved to Pending status, and 11 were “Closed”/Sold. We also have 144 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 6-12, 2020)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #19 $210,000 1 1 836 CONDO
14446 HOLLY SPRINGS RD $529,900 3 2.1 1699 CONDO
76 GREENRIDGE CT $650,000 4 3.1 2868 ATTACHD
34 MORNINGVIEW CIR $662,900 4 2.1 2942 DETACHD
13479 FIELDING RD $949,000 4 2.1 3385 DETACHD
13483 FIELDING RD $949,999 4 3 3149 DETACHD
5340 GREYSTOKE DR $1,095,000 3 4 2955 DETACHD
6429 Mission CT $1,165,000 4 3.1 3182 DETACHD
1692 VILLAGE PARK LN $1,198,000 4 3.1 3581 DETACHD
878 7TH ST $1,350,000 4 3.1 3017 DETACHD
4357 SOUTHSHORE BLVD $3,100,000 5 5.1 5220 DETACHD
1415 SKYLAND DR $4,785,000 5 4.1 6085 DETACHD

PENDING SALES (Jan 6-12, 2020)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #94 $145,900 3 2.1 1351 CONDO 99
16317 BONAIRE AVE $369,900 3 1.1 1219 DETACHD 4
5057 W SUNSET DR $474,500 2 2.1 1720 ATTACHD 423
38 BRIARWOOD RD $500,000 7 2.2 2554 DETACHD 493
5095 OAKRIDGE RD $549,000 4 2 1743 DETACHD 3
2425 PRESTWICK RD $699,000 3 2 1464 DETACHD 46
4092 ORCHARD WAY $835,000 4 3.1 3591 DETACHD 140
5581 YORKSHIRE PL $898,500 5 2.1 3218 DETACHD 3
939 F AVE $975,000 3 3 1706 DETACHD 0
16800 LAKERIDGE DR $1,069,000 4 3 2369 DETACHD 138
762 3RD ST $1,100,000 3 2.1 2590 DETACHD 26
589 7TH ST $1,275,000 5 4.1 3657 DETACHD 181
4350 LORDS LN $1,395,000 5 4 3888 DETACHD 5

SOLD (Jan 6-12, 2020)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
42 OSWEGO SMT / Main $142,500 $152,500 1 1 764 CONDO 3
1581 BONNIEBRAE DR $365,000 $329,500 2 2 1393 ATTACHD 77
1010 LAUREL ST $559,900 $525,800 2 2 2498 DETACHD 36
2950 GREENTREE RD $517,500 $545,000 3 2 3002 DETACHD 13
3615 UPPER DR $600,000 $587,000 3 2 1529 DETACHD 37
1293 HIDE A WAY LN $585,000 $590,550 3 2.1 1720 DETACHD 10
1982 WEMBLEY PARK RD $824,900 $685,000 6 4 4561 DETACHD 164
4125 CASEY CT $1,195,000 $956,000 4 3.1 3728 DETACHD 179
15986 Parker RD $1,099,413 $963,800 4 3.1 3130 DETACHD
4840 LAMONT WAY $1,475,000 $1,324,000 5 3.1 3277 DETACHD 141
1159 LAKE FRONT RD $1,848,800 $1,675,000 5 4 3756 DETACHD 10

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.

Wishes of Peace

Dianne and I wish you and yours the happiest holiday ever!  Enjoy those things you treasure most, indulge in your fondest memories and go ahead… have that food that you usually do not. We wish for you that deep feeling of contentment that comes from the memories or the people or the combination of it all…  depending on your circumstances. Most of all we wish you a heart filled with a cherished, peaceful feeling. Maybe one from childhood where you could hear the big people still talking in the other room and knew you could fall asleep with all things well in the world. Whichever holiday you celebrate, we want you to know we truly appreciate you and will be thinking of you till we return from a little break. We’ll be back here with all the news and content we love to bring you about Lake Oswego after the New Year begins!

See you soon. May Peace reign in your life this holiday season~

Linda & Dianne

 

News & Notes ~ Nov 2019 Numbers

Here is your look at the most recent data for the entire Portland area (November 2019) and how Lake Oswego fits in to this picture just below.

Inventory is about the same as last month with a wide selection of homes still on the market in this now-holiday season. The biggest news in the overall numbers for November as compared with October is that almost everything is pretty nearly exactly the same, or at least not much has changed. The main exception would be the New & Closed numbers being down, but that is to be expected as we moved from October into the holiday season.

According to the RMLS Market Action Report for the Portland Metro Area, November, 2019:

  • There were 2,118  New Listings in November 2019 which was down 8.3%  from November of 2018’s 2,310, and  30.9% from the previous month/October’s 3,064.
  • At 2,191, November 2019’s Closed Sales rose at 2.2% over November 2018’s 2,144, and fell 15.3% from the previous month/October 2019’s total of 2,588.
  • At 2,274, November 2019’s Pending Sales rose 19.4% over November 2018’s 1,904, and fell 11.7% from the previous month/October 2019’s total of 2,575.
  • The Average Sale Price in November 2019 of $462,600 up $13,700 from last year/November 2018’s $448,900, and up $1,200 from the previous month/October 2019’s $461,400.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in November 2019 of $415,000 was up from last year/November 2018’s $391,400 by $23,600, and up $4,500 from the previous month/October 2019’s $410,500.   

Neighborhoods: November’s Average Sale Price + 12-month Appreciation:

  • North Portland:  $453,100           0.1%   (Oct $408,000)
    •                                                     YTD Median: $409,000
  • NE Portland:  $466,000                   2.2%   (Oct $466,800)
    •                                                     YTD Median: $425,000
  • SE Portland:  $422,200                   1.7%   (Oct $422,000)
    •                                                     YTD Median: $376,000
  • Gresham/Troutdale:   $380,800     4.5%   (Oct $376,000)
    •                                                     YTD Median: $352,500
  • Milwaukie/Clackamas:  $450,000  3.0%   (Oct $431,600)
    •                                                     YTD Median: $419,300
  • Oregon City/Canby:   $437,900      4.2%   (Oct $438,100)
    •                                                     YTD Median: $411,000
  • Lake Oswego/West Linn:$718,200  1.4%  (Oct $763,800)
    •                                                      YTD Median: $590,000
  • West Portland:    $608,900             -2.6%  (Oct $627,500)
    •                                                     YTD Median: $525,000
  • NW Wash County:  $512,000         -1.8%   (Oct $573,800)
    •                                                      YTD Median: $515,000
  • Beaverton/Aloha:     $410,800       3.7%   (Oct $405,500)
    •                                                     YTD Median: $391,000
  • Tigard/Wilsonville:   $463,100        1.0%   (Oct $474,700)
    •                                                      YTD Median: $440,000
  • Hillsboro/Forest Grove: $411,700  4.5%   (Oct $420,700)
    •                                                      YTD Median: $385,000

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of November 2019 reported:

    •  287 Active Listings  (Oct 354)
    •   85 New Listings     (Oct 129)
    •   97 Pending Sales   (Oct 126)
    •  126 Closed Sales      (Oct 106)
    • Average Sale Price for November: $718,200  (Oct $763,800)
      • 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.
    •  101 Average Days on the Market   (Oct 92)

 

Market Activity ~ Dec 9-15, 2019

Last week 6 New properties entered the market, 15 moved to Pending status, and 11 were “Closed”/Sold. We also have 161 homes for sale right now in Lake Oswego this week before Christmas.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 09-15, 2019)

Address List Price # Beds # Baths Total SF Prop Type
17635 DEEMAR WAY $549,000 4 2 1488 DETACHD
3 BECKET ST $699,900 4 2.1 4285 DETACHD
14253 KIMBERLY CIR $895,000 4 3.1 3527 DETACHD
762 3RD ST $1,100,000 3 2.1 2590 DETACHD
1159 LAKE FRONT RD $1,848,800 5 4 3756 DETACHD
4660 UPPER DR $1,895,000 5 3.1 3898 DETACHD

PENDING SALES (Dec 09-15, 2019)

Address List Price # Beds # Baths Total SF Prop Type CDOM
54 CERVANTES CIR / Grnd $205,000 2 1.1 912 CONDO 29
164 OSWEGO SMT / Upper $244,900 2 2 1383 CONDO 116
5054 FOOTHILLS DR, H $320,000 3 2 1252 CONDO 107
12862 BOONES FERRY RD #114 $378,500 2 2.1 1136 CONDO 47
1122 ERICKSON ST $495,000 3 2 1511 DETACHD 4
3241 PHYLLIS CT $525,000 4 3 2674 DETACHD 8
30 BECKET ST $544,999 3 2 2077 DETACHD 113
3615 UPPER DR $600,000 3 2 1529 DETACHD 37
3735 UPPER DR $620,000 4 2 1770 DETACHD 3
41 TANGLEWOOD DR $632,500 4 3 3001 DETACHD 162
1982 WEMBLEY PARK RD $674,000 6 4 4561 DETACHD 164
17821 HILLSIDE WAY $785,000 4 3.1 3480 DETACHD 89
17618 BLUE HERON RD $795,000 4 2 2413 DETACHD 77
1952 EGAN WAY $864,000 3 3 2961 DETACHD 191
135 FURNACE ST / Upper $870,000 2 2.1 1927 CONDO 74

SOLD (Dec 09-15, 2019)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
82 GALEN ST / Upper $175,000 $180,000 1 1 690 CONDO 36
219 CERVANTES, #219 $229,000 $225,000 2 2 1100 CONDO 135
4510 LOWER DR, B1 $425,000 $410,000 3 2.1 1729 CONDO 30
16200 PACIFIC HWY, #6 $419,500 $419,500 2 2 1190 CONDO 2
500 MAPLE ST $647,500 $583,000 3 2.1 2567 DETACHD 87
2 CREEKSIDE TER $679,900 $635,000 4 2.1 2906 DETACHD 30
4379 SNOWBRUSH CT $825,000 $700,000 4 3 3596 DETACHD 606
4006 CANAL WOODS CT $799,000 $790,000 4 3.1 3514 DETACHD 35
2311 PALISADES CREST DR $1,279,000 $1,200,000 4 2.1 4903 DETACHD 88
994 COUNTRY CMNS $1,348,850 $1,200,000 4 2.1 3968 DETACHD 180
3102 DOUGLAS CIR $1,695,000 $1,600,000 5 4.1 4644 DETACHD 197

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 ~ Dec 9-15, 2019

Here are my picks for things happening this week!

Mon, Dec 9, 2019– 5:15-6:00PM –  Beginning Ballet for Kids  ~ Beginning basics through barre, across the floor and center work for kids ages 5-8!  Weekly on Mondays – CCP, 1060 Chandler Rd –  Info & Reg: CLICK HERE

Tue, Dec 10 2019 –  6:00-7:00PM NIA ~ NIA combines dance, martial arts and relaxation – Weekly on Tuesdays – Adult Community Center, 505 G Ave-  Info:  CLICK HERE  

Wed, Dec 11, 2019 – 4:00-5:00PM – Holiday Gift-Making  ~ Get together with other gift-makers and create 3 different kinds of craft gifts! Al materials provided. Ages 7-12 – Weekly on 3 Wednesdays in December ~ CCP, 1060 Chandler Rd –Info & Reg:  CLICK HERE     

Thu, Dec 12, 2019 6:30-8:30PM – “Straws” The Movie  ~ Come experience this striking documentary that will give you powerful insight into single-use plastics. Sponsored by the City of Lake Oswego and the Surfrider Foundation. Swag and Reusable straws will be available in the Raffle! Lake Theater & Cafe , 106 N State St – Info:   CLICK HERE

Fri – Sun, Dec 13-15 2019: Fri 2:15-4:45, Sat 10:30AM-6PM, Sun 10:45AM-6PM ~ Tinseltown Trolley!  ~ OK, IMHO, you should work your calendar Fri-Sun to ride the Tinseltown Trolley!  I’d say fitting this in with your other holiday errands is a must…maybe several times! AND… word has it a visit from *someone* from the North Pole awaits you and the kids at the end of your ride. – Willamette Shore Trolley, 311 N State St  ***Arrive early. –Info/Schedules/Ticket Link: CLICK HERE