A rare bit of personal whimsy from me on this page~ My Dad had a philosophy about “cheering for the underdog”. I am pretty supportive of great success, so have never really waved this flag high, and am enthusiastic about “big”…as long as it’s Good. 😉 I DO have a long-standing preference for supporting smaller, sometimes family-owned businesses. I married a man who Loves animals, and so founded and runs a natural pet supply store. I like these kinds of people. So, when you work with me, the list of contractors I recommend are people I’ve usually known for some time, are licensed, bonded and trustworthy, and have a history of doing great work for often less than “big” cost. Just musing about that and the origins. ***Support local business!***
Market Activity ~ Sept 3-9, 2018
Greetings Property Blotter readers1
There are 315 homes for sale in Lake Oswego. Last week 18 New properties entered the market, 12 moved to Pending status, and 18 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Sep 3-9, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 3668 SPRING LN/Upper | $284,900 | 2 | 2 | 1117 | CONDO |
| 4433 THUNDER VISTA LN/Grnd | $370,000 | 3 | 2.1 | 2002 | CONDO |
| 5305 KENNY ST | $425,000 | 3 | 1 | 1170 | DETACHD |
| 391 LIVINGOOD LN | $540,000 | 5 | 3 | 3872 | DETACHD |
| 13422 AUBURN CT | $639,698 | 3 | 2.1 | 2612 | ATTACHD |
| 38 BRIARWOOD RD | $800,000 | 7 | 2.2 | 2554 | DETACHD |
| 13459 PROVINCIAL HILL WAY | $819,900 | 3 | 2.1 | 2896 | DETACHD |
| 1041 CHANDLER RD | $899,000 | 3 | 2 | 1696 | DETACHD |
| 161 FURNACE ST/Main | $950,000 | 2 | 2 | 2134 | CONDO |
| 4105 PFEIFER CT | $989,000 | 5 | 2.1 | 4176 | DETACHD |
| 548 4TH ST | $1,195,000 | 3 | 4.1 | 3186 | TOWNHSE |
| 13659 WESTLAKE DR | $1,350,000 | 4 | 3.1 | 4274 | DETACHD |
| 2148 SUMMIT DR | $1,495,000 | 5 | 2.1 | 3883 | DETACHD |
| 3123 DOUGLAS CIR | $1,549,000 | 4 | 3.1 | 3664 | DETACHD |
| 3177 STONEBRIDGE WAY | $1,598,000 | 4 | 4.2 | 5097 | DETACHD |
| 3817 UPPER DR | $1,629,000 | 4 | 3.1 | 4246 | DETACHD |
| 1978 EGAN WAY | $1,698,000 | 4 | 5.2 | 6761 | DETACHD |
| 1527 LAKE FRONT RD | $5,295,000 | 5 | 6.1 | 7220 | DETACHD |
PENDING SALES (Sep 3-9, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 15938 QUARRY RD A1 | $219,900 | 2 | 1 | 996 | CONDO | 3 |
| 210 S STATE ST #7 | $299,400 | 3 | 2 | 1284 | CONDO | 125 |
| 40 WHEATHERSTONE | $429,000 | 3 | 2.1 | 1692 | CONDO | 35 |
| 19071 LONGFELLOW AVE | $465,000 | 3 | 1 | 1152 | DETACHD | 95 |
| 17797 OVERLOOK CIR | $499,900 | 4 | 2.1 | 2908 | DETACHD | 71 |
| 18421 INDIAN CREEK DR | $515,000 | 3 | 2 | 1836 | DETACHD | 4 |
| 17226 TUALATIN ST | $629,000 | 4 | 2.1 | 1984 | DETACHD | 102 |
| 5668 VICTORIA CT | $729,000 | 4 | 2.1 | 3024 | DETACHD | 5 |
| 13822 MELROSE PL | $995,000 | 4 | 3.1 | 3529 | DETACHD | 51 |
| 624 ATWATER RD | $1,250,000 | 5 | 3.1 | 4463 | DETACHD | 4 |
| 4287 HAVEN ST | $1,299,950 | 4 | 3.1 | 4007 | DETACHD | 56 |
| 18284 MEADOWLARK LN | $1,375,000 | 5 | 5.1 | 5425 | DETACHD | 3 |
SOLD (Sep 3-9, 2018)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE #122 | $186,000 | $169,200 | 2 | 2 | 984 | CONDO | 44 |
| 47 EAGLE CREST DRbb#15 | $185,000 | $182,000 | 2 | 1 | 1009 | CONDO | 8 |
| 209 OSWEGO SMT / Upper | $250,000 | $245,000 | 2 | 2 | 1383 | CONDO | 27 |
| 12868 BOONES FERRY RD | $399,900 | $385,500 | 2 | 2.1 | 1136 | CONDO | 63 |
| 4862 INDIAN CREEK CT | $499,990 | $499,990 | 3 | 2 | 1390 | DETACHD | 45 |
| 3585 LAKE GROVE AVE | $550,000 | $545,000 | 4 | 2 | 1575 | DETACHD | 46 |
| 26 PARTRIDGE LN | $550,000 | $550,000 | 4 | 3 | 2464 | DETACHD | 4 |
| 31 WESTRIDGE DR | $619,000 | $641,500 | 5 | 2.1 | 3492 | DETACHD | 5 |
| 18028 WESTMINSTER DR | $805,000 | $670,000 | 4 | 3.1 | 4501 | DETACHD | 116 |
| 1445 GREENTREE CIR | $675,000 | $675,000 | 4 | 3 | 2842 | DETACHD | 37 |
| 13984 CHELSEA DR | $849,000 | $807,500 | 4 | 2.1 | 3216 | DETACHD | 86 |
| 17851 WESTVIEW DR | $869,000 | $840,000 | 4 | 3.1 | 3433 | DETACHD | 146 |
| 927 OAK ST | $895,000 | $875,000 | 5 | 3.1 | 2864 | DETACHD | 50 |
| 17637 WOODHURST PL | $949,500 | $925,000 | 5 | 3.2 | 4833 | DETACHD | 104 |
| 18955 BRYANT RD | $998,900 | $975,000 | 4 | 2.1 | 3647 | DETACHD | 73 |
| 13857 AMBERWOOD CIR | $995,000 | $980,000 | 4 | 2.1 | 3916 | DETACHD | 7 |
| 2107 GOODALL CT | $1,079,000 | $1,000,000 | 4 | 3 | 3029 | DETACHD | 82 |
| 13910 STAMPHER RD | $1,950,000 | $1,750,000 | 4 | 3.1 | 4488 | DETACHD | 35 |
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.
Tips & Tidbits ~ Contract Timelines
* Make sure to pay attention to timelines in the contract.
I’ve talked about these things herein before, but I think it was a few years back, so here’s a refresher~
Buyers: For instance: The typical scenario is 10 business-days for Inspections. In this situation I try to schedule any Inspections sooner rather than later so as to give time for thought on the Buyers’part, and/or additional Inspections or estimates for any repairs. You need to keep in mind that any repairs need to be negotiated *prior* to 5PM on that last business day of your Inspection Period. If you are the Buyer, don’t wait till the last second to approach these issues with the Seller (i.e with your Realtor). Once you pass the 5PM deadline, if you’ve done so without negotiating repairs, you’re moving forward without repairs ; )
Another example is the Closing Date– The Closing Date in the contract is an “On or Before” date. If you are the Buyer in a transaction, and the Lender tells you at the last minute that they’re not going to make that date and says “Oh, just extend the Closing Date”, you can indeed to that with an Addendum… IF THE SELLER ALSO AGREES IN WRITING. Keep in mind that its always possible that the Seller has received a verbal or other Offer higher than yours during the process that might be tempting, or that their timeline may be “do or die” because of how the dominoes fall on their end (moving van schedules, Closing on another transaction, etc). So…Usually people will agree to this, but as the Buyer, your Earnest Money is on the line if you do not meet your agree-upon timelines.
The same goes for Sellers– You must deliver Possession on the date and time agreed, for instance.
If a Buyer sends you a Repair Addendum and you do not respond by close to 5PM on the 10th business day (well before that would be recommended : ) your Buyer could misinterpret your lack of response as a signal that you are pushing them beyond where they’re comfortable and leaving them with repairs they do not want to take on. They may pull their Offer so as to protect themselves. That would not be good.
As in all things, just proceed with Good Faith! And in a home-selling/buying situation, abide by the timelines and you’ll be fine!
Market Activity ~ Aug 20-26, 2018
Summer is indeed winding down. There are, however, plenty of great homes out there and lots of activity. Right at this moment there are 299 homes for sale in Lake Oswego. Last week 13 New properties entered the market, 21 moved to Pending status, and 16 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Aug 20-26, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 86 KINGSGATE RD G202 | $179,500 | 2 | 2 | 849 | CONDO |
| 100 KERR PKWY #44 | $190,000 | 2 | 1.1 | 823 | CONDO |
| 45 EAGLE CREST DR #413 | $204,900 | 2 | 1.1 | 1056 | CONDO |
| 4417 THUNDER VISTA LN | $325,000 | 2 | 2.1 | 2002 | CONDO |
| 1710 ASPEN CT | $439,900 | 3 | 2 | 1437 | DETACHD |
| 4301 COLLINS WAY | $519,000 | 3 | 2 | 1617 | DETACHD |
| 6187 FROST LN | $564,900 | 4 | 2.1 | 2149 | DETACHD |
| 6150 KENNY ST | $625,000 | 3 | 2.1 | 2070 | DETACHD |
| 5311 CHILDS RD | $719,000 | 4 | 3 | 1929 | DETACHD |
| 14495 PFEIFER DR | $739,500 | 4 | 2.1 | 3732 | DETACHD |
| 5 JUAREZ ST | $749,000 | 5 | 3.1 | 4393 | DETACHD |
| 3487 LAKE GROVE AVE | $1,275,000 | 4 | 3.1 | 3473 | DETACHD |
| 862 CEDAR ST | $1,365,000 | 4 | 3.1 | 3914 | DETACHD |
PENDING SALES (Aug 20-26, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWY #31 | $159,000 | 1 | 1 | 618 | CONDO | 12 |
| 4000 CARMAN DR E74 | $204,888 | 2 | 2 | 836 | CONDO | 56 |
| 4000 CARMAN DR A10 | $209,900 | 2 | 2 | 836 | CONDO | 51 |
| 39 OSWEGO SMT / Grnd | $220,000 | 2 | 2 | 1212 | CONDO | 71 |
| 44 EAGLE CREST DR #22 | $222,900 | 3 | 2 | 1085 | CONDO | 39 |
| 4000 CARMAN DR #50 | $239,000 | 1 | 1 | 890 | CONDO | 140 |
| 213 OSWEGO SMT | $245,000 | 2 | 2 | 1383 | CONDO | 15 |
| 12848 BOONES FERRY RD | $389,900 | 2 | 2.1 | 1182 | CONDO | 34 |
| 6291 HARRINGTON AVE | $425,000 | 3 | 2 | 1472 | DETACHD | 6 |
| 1651 WOODLAND TER | $445,000 | 5 | 3 | 2737 | DETACHD | 35 |
| 507 ASH ST | $449,500 | 4 | 3 | 4666 | DETACHD | 206 |
| 5228 BONITA RD | $485,000 | 3 | 2 | 1310 | DETACHD | 6 |
| 17590 BLUE HERON RD | $499,900 | 4 | 2.1 | 2160 | DETACHD | 3 |
| 17143 REBECCA LN | $529,000 | 3 | 2.1 | 1943 | DETACHD | 45 |
| 5475 WILLOW CT | $549,000 | 3 | 2.1 | 2438 | ATTACHD | 63 |
| 17310 CANYON DR | $550,000 | 5 | 3 | 2716 | DETACHD | 82 |
| 1400 LEE ST | $579,900 | 5 | 3 | 2840 | DETACHD | 62 |
| 3075 ROYCE WAY | $775,000 | 4 | 3.1 | 3724 | DETACHD | 125 |
| 650 1ST ST | $1,150,000 | 3 | 2.1 | 2767 | CONDO | 24 |
| 1828 EGAN WAY | $1,195,000 | 3 | 2.1 | 3779 | DETACHD | 340 |
| 1175 WESTWARD HO RD | $1,599,900 | 3 | 3.1 | 3547 | DETACHD | 38 |
SOLD (Aug 20-26, 2018)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWY #5 | $159,000 | $149,000 | 1 | 1 | 617 | CONDO | 59 |
| 4 TOUCHSTONE #99 | $210,000 | $205,000 | 2 | 2 | 984 | CONDO | 25 |
| 4000 CARMAN DR C 49 | $327,995 | $300,000 | 2 | 1.1 | 1004 | CONDO | 61 |
| 45 GREENRIDGE CT | $394,900 | $394,900 | 3 | 2.1 | 1645 | TOWNHSE | 36 |
| 6137 Childs RD | $399,900 | $421,000 | 3 | 1 | 946 | DETACHD | 6 |
| 15451 Tanager DR | $577,000 | $569,000 | 2 | 2 | 1970 | DETACHD | 7 |
| 5564 BONITA RD | $649,000 | $603,500 | 3 | 2.1 | 2435 | DETACHD | 71 |
| 1911 WOODLAND TER | $650,000 | $655,000 | 3 | 2.1 | 2060 | DETACHD | 3 |
| 12777 SIERRA VISTA DR | $699,000 | $670,000 | 4 | 2.1 | 3144 | DETACHD | 108 |
| 220 4TH ST | $649,000 | $687,250 | 3 | 2 | 1840 | DETACHD | 6 |
| 1159 BAYBERRY RD | $949,000 | $887,500 | 4 | 2.1 | 2508 | DETACHD | 26 |
| 2949 WESTVIEW CIR | $989,900 | $980,000 | 4 | 3 | 3326 | DETACHD | 35 |
| 820 FAIRWAY RD | $1,224,000 | $1,195,000 | 4 | 3.1 | 3758 | DETACHD | 36 |
| 18262 MEADOWLARK LN | $1,398,800 | $1,312,888 | 5 | 3.1 | 4757 | DETACHD | 67 |
| 629 Middlecrest RD | $1,449,000 | $1,325,000 | 4 | 4 | 3575 | DETACHD | 85 |
| 893 CEDAR ST | $1,375,000 | $1,335,000 | 4 | 3.1 | 3740 | DETACHD | 182 |
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 ~ July 2018
Activity overall is mixed in the Portland area in relation to 2017, and the general consensus is that the market is leveling out a bit.
Here is your look at the most recent data for the entire Portland area (July) and how Lake Oswego fits in to this picture just below:
- According to the RMLS Market Action Report for the Portland Metro Area, July, 2018:
- There were 4,312 New Listings in July 2018 which was up 2.6% from July of 2017’s 4,202, and down 4.5% from the previous month/June of 2018’s total of 4,515.
- At 2,736, July Closed Sales fell 2.0% from July 2017’s 2,793, and/but were also down 7.1 % from the previous month/June 2018’s total of 2,946.
- July’s Pending Sales (accepted offers), at 3,071 were up slightly at 1.0% from July of 2017’s 3,040, and were also up 0.4% from the previous month/June 2018’s total of 3,059.
- The Average Sale Price in July of $455,100 was up $7,700 from July 2017’s $447,400, and down from the previous month/June 2018’s $472,400 by $17,300.
Neighborhoods: July’s Average Sale Price + 12-month Appreciation :
- North Portland: $415,900 6.7% (June 430,100)
- NE Portland: $467,400 4.8% (June 490,000 )
- SE Portland: $425,400 6.9% (June 443,600)
- Gresham/Troutdale: $361,500 10.5% (June 357,900)
- Milwaukie/Clackamas: $427,400 5.5% (June 434,100 )
- Oregon City/Canby: $439,400 7.4% (June 434,100)
- Lake Oswego/West Linn:$689,700 6.3% (June 685,700)
- West Portland: $591,000 1.4% (June 635,600)
- NW Wash County: $552,500 4.5% (June 572,200)
- Beaverton/Aloha: $383,600 7.9% (June 400,100 )
- Tigard/Wilsonville: $452,700 8.6% (June 481,500 )
- Hillsboro/Forest Grove: $403,100 8.5% (June 409,900)
LAKE OSWEGO:
The combined areas of Lake Oswego and West Linn for the month of July 2018 reported:
-
- 498 Active Listings (June 341)
- 269 New Listings (June 261)
- 164 Pending Sales (June 192)
- 153 Closed Sales (June 154)
- Average Sale Price for July: $689,700 (June 685,700)
- 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.
- 53 Average Days on the Market (June 52)
Market Activity ~ Aug 6-12, 2018
Last week 26 New properties entered the market in Lake Oswego, 32 moved to Pending status, and 19 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (Aug 6-12, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 100 KERR PKWY #31 | $159,000 | 1 | 1 | 618 | CONDO |
| 92 GALEN ST / Upper | $189,000 | 1 | 1 | 689 | CONDO |
| 104 OSWEGO SMT #104 | $195,000 | 1 | 1 | 764 | CONDO |
| 4 TOUCHSTONE #113 | $229,000 | 2 | 2 | 984 | CONDO |
| 213 OSWEGO SMT / Upper | $245,000 | 2 | 2 | 1383 | CONDO |
| 3808 BOTTICELLI ST | $274,500 | 3 | 2 | 1224 | CONDO |
| 247 CERVANTES / Upper | $320,000 | 2 | 2 | 1384 | CONDO |
| 104 GREENRIDGE CT | $385,000 | 3 | 2 | 1728 | ATTACHD |
| 240 GREENRIDGE DR | $425,000 | 3 | 2 | 1514 | ATTACHD |
| 72 WHEATHERSTONE | $439,900 | 3 | 3.1 | 2465 | CONDO |
| 7 SUMMIT RIDGE CT | $445,000 | 2 | 2.1 | 1704 | ATTACHD |
| 110 KINGSGATE RD | $499,900 | 3 | 2.1 | 1669 | DETACHD |
| 5105 ROSEWOOD ST | $549,900 | 4 | 2 | 1848 | DETACHD |
| 16942 CANAL CIR | $675,000 | 3 | 2 | 1551 | DETACHD |
| 2719 GREENTREE RD | $689,000 | 5 | 3.1 | 3886 | DETACHD |
| 17436 Wren CT | $715,000 | 3 | 3 | 2311 | DETACHD |
| 1830 CLOVERLEAF RD | $729,000 | 3 | 2.1 | 1857 | DETACHD |
| 18238 TAMAWAY DR | $729,900 | 5 | 3 | 5504 | DETACHD |
| 17401 UPPER CHERRY LN | $750,000 | 4 | 3.1 | 3791 | DETACHD |
| 725 10TH ST | $795,000 | 3 | 2 | 2016 | DETACHD |
| 17323 LAKE HAVEN DR | $799,000 | 3 | 2.1 | 1897 | DETACHD |
| 19413 LORNA LN | $1,099,000 | 3 | 2.1 | 3838 | DETACHD |
| 18650 STAFFORD RD | $1,100,000 | 4 | 2.1 | 2840 | DETACHD |
| 35 HIDALGO ST | $1,100,000 | 3 | 3.1 | 3926 | DETACHD |
| 1099 TERRACE DR | $1,749,000 | 5 | 4.1 | 4965 | DETACHD |
| 17566 BLUE HERON CT | AUCTION | 4 | 3 | 3412 | DETACHD |
PENDING SALES (Aug 6-12, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWY #30 | $166,500 | 1 | 1 | 617 | CONDO | 6 |
| 92 OSWEGO SMT #92 | $175,000 | 1 | 1 | 764 | CONDO | 2 |
| 86 KINGSGATE RD H203 | $215,000 | 2 | 2 | 849 | CONDO | 25 |
| 109 OSWEGO SMT / Upper | $234,900 | 2 | 2 | 1212 | CONDO | 4 |
| 209 OSWEGO SMT / Upper | $250,000 | 2 | 2 | 1383 | CONDO | 27 |
| 203 CERVANTES / Upper | $280,000 | 2 | 2 | 1100 | CONDO | 28 |
| 750 1ST ST A-10 | $289,900 | 2 | 2 | 1350 | CONDO | 11 |
| 4000 CARMAN DR C-49 | $297,500 | 2 | 1.1 | 1004 | CONDO | 61 |
| 5225 JEAN RD #501 | $349,900 | 3 | 2 | 1500 | CONDO | 6 |
| 1218 LAUREL ST | $419,000 | 4 | 2 | 1485 | DETACHD | 24 |
| 4837 REDWING WAY | $429,900 | 3 | 1.1 | 1180 | DETACHD | 3 |
| 4366 WOODSIDE CIR | $437,500 | 3 | 2.1 | 1963 | ATTACHD | 26 |
| 1115 OAK TER | $498,000 | 4 | 2.1 | 1880 | DETACHD | 12 |
| 4862 INDIAN CREEK CT | $499,990 | 3 | 2 | 1390 | DETACHD | 45 |
| 26 PARTRIDGE LN | $550,000 | 4 | 3 | 2464 | DETACHD | 4 |
| 775 BOCA RATAN DR | $550,000 | 4 | 3.1 | 2710 | DETACHD | 74 |
| 553 6TH ST | $579,000 | 1 | 1 | 1876 | DETACHD | 1 |
| 31 WESTRIDGE DR | $619,000 | 5 | 2.1 | 3492 | DETACHD | 5 |
| 2401 HILLSIDE DR | $649,900 | 4 | 3 | 3342 | DETACHD | 15 |
| 1435 GREENTREE CIR | $650,000 | 4 | 2.1 | 2269 | DETACHD | 2 |
| 1445 GREENTREE CIR | $675,000 | 4 | 3 | 2842 | DETACHD | 37 |
| 13984 CHELSEA DR | $824,900 | 4 | 2.1 | 3216 | DETACHD | 86 |
| 17851 WESTVIEW DR | $848,000 | 4 | 3.1 | 3433 | DETACHD | 146 |
| 13188 TWIN CREEK CT | $859,000 | 4 | 2.1 | 3480 | DETACHD | 20 |
| 927 OAK ST | $875,000 | 5 | 3.1 | 2864 | DETACHD | 50 |
| 16987 ALDER CIR | $879,000 | 2 | 2.1 | 1991 | DETACHD | 274 |
| 17660 STAFFORD RD | $975,000 | 5 | 3.1 | 3313 | DETACHD | 0 |
| 13857 AMBERWOOD CIR | $995,000 | 4 | 2.1 | 3916 | DETACHD | 7 |
| 1563 BAY VIEW LN | $1,098,000 | 5 | 4.1 | 5615 | DETACHD | 396 |
| 817 HOODVIEW LN | $1,369,000 | 5 | 4 | 4141 | DETACHD | 1050 |
| 1056 BAYBERRY RD | $1,549,000 | 4 | 4 | 3805 | DETACHD | 124 |
| 17210 CEDAR RD | $2,095,000 | 4 | 3 | 2813 | DETACHD | 40 |
SOLD (Aug 6-12, 2018)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 86 KINGSGATE RD D103 | $222,900 | $223,000 | 2 | 2 | 924 | CONDO | 4 |
| 5064 FOOTHILLS DR F | $359,900 | $335,000 | 2 | 2 | 1252 | CONDO | 61 |
| 5751 WASHINGTON CT | $500,000 | $409,500 | 5 | 2 | 2120 | DETACHD | 4 |
| 55 NORTHSHORE RD #9 | $450,000 | $440,000 | 2 | 1.1 | 2025 | CONDO | 385 |
| 668 MCVEY AVE #54 | $499,000 | $490,000 | 3 | 1.1 | 992 | CONDO | 48 |
| 28 NORTHVIEW CT | $500,000 | $500,000 | 3 | 3 | 2092 | ATTACHD | 63 |
| 622 CLARA CT | $552,000 | $552,000 | 4 | 2 | 2236 | DETACHD | 75 |
| 1179 LARCH ST | $609,900 | $605,000 | 3 | 2 | 3206 | DETACHD | 6 |
| 5117 GREENSBOROUGH CT | $650,000 | $623,290 | 3 | 2.1 | 1560 | DETACHD | 30 |
| 5540 BAY CREEK DR | $675,000 | $632,000 | 3 | 3 | 2130 | DETACHD | 46 |
| 17020 CHAPIN WAY | $684,900 | $663,000 | 4 | 3 | 3258 | DETACHD | 9 |
| 5685 CHARLES CIR | $700,000 | $692,500 | 4 | 2 | 2542 | DETACHD | 5 |
| 2251 SUMMIT DR | $769,000 | $737,000 | 4 | 3 | 2874 | DETACHD | 56 |
| 5853 SOUTHWOOD DR | $849,000 | $805,000 | 5 | 2.1 | 3707 | DETACHD | 48 |
| 3155 UPPER DR | $1,175,000 | $1,100,000 | 4 | 3 | 3016 | DETACHD | 39 |
| 3540 RED CEDAR WAY | $1,150,000 | $1,125,000 | 5 | 3.1 | 4023 | DETACHD | 15 |
| 18296 MEADOWLARK LN | $1,698,000 | $1,660,000 | 5 | 3.1 | 5770 | DETACHD | 84 |
| 1093 CHANDLER RD | $2,200,000 | $2,000,000 | 5 | 4.1 | 5331 | DETACHD | 176 |
| 340 RIDGEWAY RD | $2,230,000 | $2,230,000 | 4 | 4 | 4411 | DETACHD | 2 |
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
This week (as most weeks) there are tons of activities to choose from in Lake Oswego, and/but everyone is gearing up for Tuesday’s Neighborhood Parties for National Night Out!
Here are my picks for things happening this week! (I stayed away from meetings and focused on mostly family fun : )
Mon, Aug 6 2018– 2-3PM – Be a Rock Star ~ School of Rock! -Explore Drums, Bass, Guitar and more! (3 Days, Mon-Wed, Ages K-5) Lake Oswego Library CLICK HERE
Tue, Aug 7, 2018 – National Night Out Neighborhood Parties!!! 5-9PM – Enjoy this annual event celebrated in style all over Lake Oswego! Meet your neighbors & just have a good time. – Check out all the neighborhood party details here: CLICK HERE
Wed, Aug 8, 2018 6:30-8:30PM – Sounds of Summer ~ Westlake Park Concert ***Featuring: Ants in the Kitchen & LaRhonda Steele – CLICK HERE
Thu, Aug 9, 2018 – 8:30PM – Movies in the Park at Millenium Park Plaza – Bring the kids down for Coco ! Info: CLICK HERE Trailer HERE
Fri, Aug 10, 2018 1-3PM (every Friday )- Pinochle– Adult Community Center CLICK HERE
Market Activity ~ July 23-29, 2018
Last week 16 New properties entered the market in Lake Oswego, 19 moved to Pending status, and 17 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (July 23-29, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 47 EAGLE CREST DR #15 | $185,000 | 2 | 1 | 1009 | CONDO |
| 1115 OAK TER | $498,000 | 4 | 2.1 | 1880 | DETACHD |
| 1698 ASPEN ST | $549,000 | 3 | 3 | 2668 | DETACHD |
| 5885 DOVE CT | $559,000 | 3 | 3 | 1800 | DETACHD |
| 2401 HILLSIDE DR | $649,900 | 4 | 3 | 3342 | DETACHD |
| 12 DA VINCI ST | $785,000 | 4 | 3 | 2959 | DETACHD |
| 5561 KILCHURN AVE | $799,888 | 4 | 2.1 | 2803 | DETACHD |
| 2051 WEMBLEY PARK RD | $849,000 | 2 | 2 | 1196 | DETACHD |
| 5064 HASTINGS DR | $879,000 | 4 | 2.1 | 3739 | DETACHD |
| 15545 VILLAGE PARK CT | $895,500 | 4 | 2.1 | 2745 | DETACHD |
| 17596 GREEN BLUFF DR | $989,500 | 4 | 2.1 | 3039 | DETACHD |
| 851 9TH ST | $1,250,000 | 4 | 2.1 | 2753 | DETACHD |
| 3210 CHILDS RD | $1,270,000 | 3 | 2.2 | 2936 | DETACHD |
| 2445 GLENMORRIE DR | $1,525,000 | 5 | 4.2 | 5168 | DETACHD |
| 310 CHANDLER PL | $2,150,000 | 4 | 3.1 | 4200 | DETACHD |
| 3072 LAKEVIEW BLVD | $3,988,000 | 4 | 5 | 4500 | DETACHD |
PENDING SALES (July 23-29, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE #99 | $210,000 | 2 | 2 | 984 | CONDO | 25 |
| 4095 JEFFERSON PKWY | $379,500 | 2 | 2.1 | 1710 | CONDO | 26 |
| 16060 BONAIRE AVE | $389,000 | 3 | 1 | 960 | DETACHD | 3 |
| 12868 BOONES FERRY RD | $389,900 | 2 | 2.1 | 1136 | CONDO | 63 |
| 45 GREENRIDGE CT | $394,900 | 3 | 2.1 | 1645 | TOWNHSE | 36 |
| 6137 Childs RD | $421,000 | 3 | 1 | 946 | DETACHD | 6 |
| 17268 FERNWOOD DR | $525,000 | 3 | 2 | 2086 | DETACHD | 73 |
| 3585 LAKE GROVE AVE | $550,000 | 4 | 2 | 1575 | DETACHD | 46 |
| 50 AQUINAS ST | $585,000 | 4 | 2.1 | 2415 | DETACHD | 9 |
| 5835 RIDGETOP CT | $598,000 | 4 | 2.1 | 2375 | DETACHD | 118 |
| 17020 CHAPIN WAY | $684,900 | 4 | 3 | 3258 | DETACHD | 9 |
| 4804 HERITAGE LN | $739,000 | 4 | 2.1 | 2458 | DETACHD | 6 |
| 17453 OAK MEADOW LN | $799,990 | 4 | 2.1 | 3294 | DETACHD | 8 |
| 2107 GOODALL CT | $1,059,000 | 4 | 3 | 3029 | DETACHD | 82 |
| 4450 UPPER DR | $1,100,000 | 3 | 1 | 2580 | DETACHD | 12 |
| 13348 LESLIE CT | $1,200,000 | 4 | 2.1 | 3863 | DETACHD | 40 |
| 17432 KELOK RD | $1,249,000 | 4 | 2.1 | 3023 | DETACHD | 68 |
| 17108 CHAPIN WAY | $1,395,000 | 4 | 4 | 4474 | DETACHD | 89 |
| 1093 CHANDLER RD | $2,095,000 | 5 | 4.1 | 5331 | DETACHD | 176 |
SOLD (July 23-29, 2018)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 65 GALEN ST / Grnd | $169,900 | $172,500 | 1 | 1 | 690 | CONDO | 26 |
| 16250 PACIFIC HWY #51 | $192,500 | $187,500 | 1 | 1 | 841 | CONDO | 44 |
| 4000 CARMAN DR E82 | $199,023 | $195,000 | 2 | 1 | 827 | CONDO | 7 |
| 153 OSWEGO SMT / Grnd | $224,153 | $210,000 | 2 | 2 | 1383 | CONDO | 57 |
| 16250 PACIFIC HWY #76 | $325,000 | $325,000 | 3 | 2 | 1745 | CONDO | 117 |
| 1120 BOCA RATAN DR | $360,000 | $366,000 | 3 | 2 | 1611 | ATTACHD | 6 |
| 18821 LONGFELLOW AVE | $389,000 | $389,000 | 3 | 1 | 946 | DETACHD | 17 |
| 84 GREENRIDGE CT | $459,900 | $435,000 | 4 | 2.1 | 2868 | ATTACHD | 158 |
| 49 TANGLEWOOD DR | $595,000 | $570,000 | 4 | 2.1 | 2491 | DETACHD | 24 |
| 710 BRIERCLIFF LN | $585,000 | $590,000 | 3 | 2.1 | 1906 | DETACHD | 4 |
| 14636 DORIS AVE | $725,000 | $760,000 | 3 | 2 | 2451 | DETACHD | 2 |
| 2398 PALISADES CREST DR | $829,900 | $786,000 | 4 | 2.1 | 3362 | DETACHD | 18 |
| 154 BERWICK RD | $839,000 | $839,000 | 5 | 3.1 | 3020 | DETACHD | 5 |
| 1565 PINE ST | $950,000 | $950,000 | 4 | 2 | 2830 | DETACHD | 32 |
| 4749 UPPER DR | $1,199,000 | $1,140,000 | 4 | 2.1 | 3285 | DETACHD | 171 |
| 1620 FERNWOOD DR | $1,199,900 | $1,280,530 | 3 | 3.1 | 3371 | DETACHD | 47 |
| 400 IRON MOUNTAIN BLVD | $1,799,000 | $1,675,000 | 4 | 3.1 | 4258 | DETACHD | 105 |
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 ~ June 2018
Here’s your look at the latest numbers in for the entire Portland area (June).
What a difference a month makes! Overall we’ve seen a little slowing from last year, but a bit mixed with New Listings up 2.7%, Pending Sales down 1.7%, and Closed Sales down 2.2%.
Here is your look at the most recent data for the entire Portland area (June) and how Lake Oswego fits in to this picture just below:
- According to the RMLS Market Action Report for the Portland Metro Area, June, 2018:
- There were 4,515 New Listings in June 2018 which was down 4.7% from June of 2017’s 4,739, and down 3.2% from the previous month/May of 2018’s total of 4,665.
- At 2,946, June Closed Sales fell 7.6% from June 2017’s 3,187, and/but were up 5.1 % from the previous month/May 2018’s total of 2,803.
- June’s Pending Sales (accepted offers), at 3,059 dropped 6.0% from June of 2017’s 3,254, and were also down 4.4% from the previous month/May 2018’s total of 3,201.
- The Average Sale Price in June of $472,400 was up $31,800 from June 2017’s $440,600, and also up from May 2018’s $460,700 by $11,700.
Neighborhoods: June’s Average Sale Price + 12-month Appreciation :
- North Portland: $430,100 6.7% (May 418,700)
- NE Portland: $490,000 7.0% (May 504,700 )
- SE Portland: $443,600 6.7% (May 404,900)
- Gresham/Troutdale: $357,900 10.4% (May 346,000)
- Milwaukie/Clackamas: $434,100 6.6% (May 427,900 )
- Oregon City/Canby: $434,100 7.1% (May 435,800)
- Lake Oswego/West Linn:$685,700 8.8% (May 718,200)
- West Portland: $635,600 1.7% (May 603,300)
- NW Wash County: $572,200 5.2% (May 564,500)
- Beaverton/Aloha: $400,100 8.8% (May 388,700 )
- Tigard/Wilsonville: $481,500 9.1% (May 471,700 )
- Hillsboro/Forest Grove: $409,900 9.1% (May 397,400)
LAKE OSWEGO:
The combined areas of Lake Oswego and West Linn for the month of June 2018 reported:
-
- 341 Active Listings (May 422)
- 261 New Listings (May 306)
- 192 Pending Sales (May 191)
- 154 Closed Sales (May 175)
- Average Sale Price for June: $685,700 (May 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.
- 52 Average Days on the Market (May 63)
Market Activity ~ July 9-15, 2018
Last week 27 New properties entered the market in Lake Oswego, 24 moved to Pending status, and 23 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (July 9-15, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 56 CERVANTES CIR | $210,000 | 2 | 1.1 | 912 | CONDO |
| 4652 LOWER DR / Upper | $210,000 | 2 | 1.1 | 1170 | CONDO |
| 86 KINGSGATE RD H203 | $215,000 | 2 | 2 | 849 | CONDO |
| 44 EAGLE CREST DR #22 | $227,999 | 3 | 2 | 1085 | CONDO |
| 209 OSWEGO SMT / Upper | $250,000 | 2 | 2 | 1383 | CONDO |
| 203 CERVANTES / Upper | $280,000 | 2 | 2 | 1100 | CONDO |
| 17 SUMMIT RIDGE CT | $365,000 | 2 | 2.1 | 1558 | ATTACHD |
| 9 JUAREZ ST | $479,900 | 4 | 3.1 | 2570 | DETACHD |
| 5316 LOWER DR | $575,000 | 3 | 2.1 | 2016 | DETACHD |
| 18761 INDIAN CREEK WAY | $585,000 | 4 | 2.1 | 2005 | DETACHD |
| 50 AQUINAS ST | $585,000 | 4 | 2.1 | 2415 | DETACHD |
| 17411 TREE TOP LN | $649,000 | 4 | 3 | 3382 | DETACHD |
| 6419 SW DAWN ST | $649,900 | 4 | 2.1 | 2016 | DETACHD |
| 5555 FIELDSTONE CT | $785,000 | 4 | 2.1 | 2712 | DETACHD |
| 5670 CHARLES CIR | $859,000 | 4 | 2.1 | 2968 | DETACHD |
| 19505 OLSON AVE | $925,000 | 5 | 2.1 | 3022 | DETACHD |
| 13822 MELROSE PL | $1,050,000 | 4 | 3.1 | 3529 | DETACHD |
| 14117 BARRINGTON CT | $1,095,000 | 4 | 3 | 3503 | DETACHD |
| 4450 UPPER DR | $1,100,000 | 3 | 1 | 2580 | DETACHD |
| 18953 PILKINGTON RD | $1,115,000 | 4 | 3 | 3420 | DETACHD |
| 452 7TH ST | $1,150,000 | 4 | 2.1 | 2600 | DETACHD |
| 18989 PILKINGTON RD | $1,219,000 | 4 | 3 | 3640 | DETACHD |
| 2277 SUMMIT DR | $1,288,000 | 4 | 3.1 | 4659 | DETACHD |
| 18977 PILKINGTON RD | $1,289,000 | 4 | 3 | 3590 | DETACHD |
| 401 9TH ST | $1,348,000 | 4 | 3.1 | 4288 | DETACHD |
| 4287 HAVEN ST | $1,349,950 | 4 | 3.1 | 4007 | DETACHD |
| 17036 Canal CIR | $1,485,000 | 4 | 3 | 3931 | DETACHD |
PENDING SALES (July 9-15, 2018)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWY #6 | $164,900 | 1 | 1 | 617 | CONDO | 54 |
| 74 OSWEGO SMT / Upper | $225,000 | 2 | 2 | 1140 | CONDO | 3 |
| 100 GREENRIDGE CT | $365,000 | 3 | 2.1 | 2004 | TOWNHSE | 2 |
| 5110 CARMAN DR | $423,900 | 3 | 1 | 1407 | DETACHD | 4 |
| 4366 WOODSIDE CIR | $437,500 | 3 | 2.1 | 1963 | ATTACHD | 3 |
| 18609 KRISTI WAY | $439,999 | 3 | 1 | 1154 | DETACHD | 15 |
| 19071 LONGFELLOW AVE | $465,000 | 3 | 1 | 1152 | DETACHD | 40 |
| 1318 LAUREL ST | $574,900 | 4 | 2.1 | 1645 | DETACHD | 4 |
| 4693 LAKEVIEW BLVD | $624,990 | 3 | 2 | 2021 | DETACHD | 2 |
| 161 C AVE | $625,000 | 2 | 2.1 | 1719 | ATTACHD | 2 |
| 1871 KILKENNY DR | $649,000 | 5 | 2.1 | 3086 | DETACHD | 11 |
| 4801 JEAN RD | $650,000 | 6 | 6.1 | 3400 | DETACHD | 177 |
| 5117 GREENSBOROUGH CT | $650,000 | 3 | 2.1 | 1560 | DETACHD | 30 |
| 5937 BAY POINT DR | $764,000 | 4 | 2.1 | 3402 | DETACHD | 33 |
| 3056 WEMBLEY PARK RD | $950,000 | 4 | 2.1 | 2611 | DETACHD | 4 |
| 2949 WESTVIEW CIR | $989,900 | 4 | 3 | 3326 | DETACHD | 35 |
| 19320 LORNA LN | $1,100,000 | 4 | 3.1 | 4192 | DETACHD | 134 |
| 3540 RED CEDAR WAY | $1,150,000 | 5 | 3.1 | 4023 | DETACHD | 15 |
| 795 6TH ST | $1,200,000 | 3 | 2 | 2655 | DETACHD | 11 |
| 1925 CHILDS RD | $1,290,000 | 5 | 4.1 | 5207 | DETACHD | 238 |
| 17455 Ridgeview LN | $1,328,000 | 4 | 3.1 | 4561 | DETACHD | 121 |
| 18262 MEADOWLARK LN | $1,398,800 | 5 | 3.1 | 4757 | DETACHD | 67 |
| 2090 CREST DR | $1,695,000 | 3 | 2.1 | 3258 | DETACHD | 0 |
| 13910 STAMPHER RD | $1,950,000 | 4 | 3.1 | 4488 | DETACHD | 35 |
SOLD (July 9-15, 2018)
| Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 26 CERVANTES CIR / Grnd | $215,000 | $215,000 | 2 | 1.1 | 912 | CONDO | 25 |
| 86 KINGSGATE RD / G101 | $219,000 | $220,000 | 2 | 2 | 840 | CONDO | 6 |
| 3433 MCNARY PKWY #501 | $225,000 | $225,000 | 2 | 2 | 1136 | CONDO | 8 |
| 5225 JEAN RD #107 | $279,900 | $285,000 | 2 | 2 | 1200 | CONDO | 18 |
| 1408 LAUREL ST | $300,000 | $300,000 | 3 | 1 | 850 | DETACHD | 0 |
| 21 SUMMIT RIDGE CT | $419,000 | $415,000 | 2 | 2.1 | 1654 | ATTACHD | 60 |
| 19200 REDWING CT | $499,900 | $475,000 | 4 | 3 | 2128 | DETACHD | 41 |
| 16053 LAKE FOREST BLVD | $494,950 | $500,000 | 4 | 2 | 2100 | DETACHD | 174 |
| 14332 SHERBROOK PL | $524,900 | $507,000 | 3 | 2.1 | 1770 | DETACHD | 35 |
| 18679 INDIAN CREEK DR | $600,000 | $575,000 | 4 | 2.1 | 2276 | DETACHD | 48 |
| 328 4TH ST | $624,900 | $595,000 | 2 | 2.1 | 1731 | TOWNHSE | 17 |
| 2765 GLEN HAVEN RD | $695,000 | $650,000 | 4 | 2.1 | 2277 | DETACHD | 27 |
| 1250 HEMLOCK ST | $649,900 | $650,000 | 5 | 2 | 2465 | DETACHD | 13 |
| 1422 ASH ST | $665,000 | $659,000 | 4 | 3 | 2997 | DETACHD | 327 |
| 412 LIVINGOOD LN | $725,000 | $672,000 | 5 | 2.1 | 3928 | DETACHD | 39 |
| 75 TOUCHSTONE | $700,000 | $675,000 | 4 | 2.1 | 2373 | DETACHD | 49 |
| 19 JUAREZ ST | $739,900 | $750,000 | 3 | 2.1 | 3584 | DETACHD | 1 |
| 3766 RIVERS EDGE DR | $799,000 | $803,000 | 5 | 3.1 | 3428 | DETACHD | 3 |
| 3240 WESTVIEW CT | $874,900 | $850,000 | 4 | 3.1 | 3121 | DETACHD | 46 |
| 4635 DOGWOOD DR | $895,000 | $875,000 | 3 | 3 | 4584 | DETACHD | 612 |
| 19626 PERCH CT | $1,099,000 | $1,050,000 | 4 | 2.1 | 3494 | DETACHD | 4 |
| 950 OAK TER | $1,150,000 | $1,150,000 | 4 | 2.1 | 3787 | DETACHD | 7 |
| 15495 VILLAGE DR | $1,545,000 | $1,471,496 | 5 | 4.1 | 5401 | DETACHD | 24 |
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.