Market Activity ~ June 25-July 1, 2018

Last week 35 New properties entered the market in Lake Oswego, 25 moved to Pending status, and 25 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (June 25-July 1, 2018)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR #52 $149,900 1 1 666 CONDO
4 TOUCHSTONE #99 $210,000 2 2 984 CONDO
4000 CARMAN DR #E74 $210,000 2 2 836 CONDO
3954 CARMAN DR $340,000 2 2.1 1132 CONDO
4095 JEFFERSON PKWY $379,500 2 2.1 1710 CONDO
18609 KRISTI WAY $439,999 3 1 1154 DETACHD
4862 INDIAN CREEK CT $524,500 3 2 1390 DETACHD
1841 CLOVERLEAF RD $525,000 5 3 2190 DETACHD
17797 OVERLOOK CIR $574,900 4 2.1 2908 DETACHD
13413 VERMEER DR $629,900 4 3.1 2529 DETACHD
1871 KILKENNY DR $649,000 5 2.1 3086 DETACHD
4848 LOWER DR $699,000 4 3 2548 DETACHD
1445 GREENTREE CIR $749,000 4 3 2662 DETACHD
2972 VALE CT $750,000 4 2.2 3120 DETACHD
934 ASH ST $794,900 4 2.1 1982 DETACHD
17435 UPPER CHERRY LN $799,000 3 2.1 3384 DETACHD
13947 MAJESTIC CT $835,000 3 3 2822 DETACHD
5099 LAKEVIEW BLVD $849,000 3 3.1 2747 DETACHD
1159 BAYBERRY RD $949,000 4 2.1 2508 DETACHD
6335 Burma RD $989,900 4 4 3508 DETACHD
3710 MARQUIS CT $998,000 4 3.1 3827 DETACHD
19463 LORNA LN $999,500 4 3.1 4055 DETACHD
17808 HILLSIDE WAY $1,100,000 4 3.1 3045 DETACHD
418 NORTHSHORE RD $1,129,000 3 2 2838 DETACHD
3540 RED CEDAR WAY $1,150,000 5 3.1 4023 DETACHD
12975 SW ELK ROCK RD $1,199,000 5 3.1 4579 DETACHD
820 FAIRWAY RD $1,298,000 4 3.1 3758 DETACHD
19125 35TH PL $1,349,900 4 4.1 5153 DETACHD
817 HOODVIEW LN $1,369,000 5 4 4141 DETACHD
4212 SOUTHSHORE BLVD $1,398,000 4 4 3129 DETACHD
13010 KNAUS RD $1,435,000 4 3.1 4470 DETACHD
1277 CHANDLER RD $1,998,000 4 3.1 4500 DETACHD
4011 WESTBAY RD $2,100,000 5 3.1 4518 DETACHD
14335 FOSBERG RD $2,250,000 5 3.2 6526 DETACHD
1075 CHANDLER RD $2,300,000 5 4.1 5710 DETACHD

PENDING SALES (June 25-July 1, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
65 GALEN ST / Grnd $169,900 1 1 690 CONDO 26
16250 PACIFIC HWY #51 $189,900 1 1 841 CONDO 44
532 S STATE ST / Grnd $215,000 1 1 829 CONDO 48
18821 LONGFELLOW AVE $389,000 3 1 946 DETACHD 17
45 GREENRIDGE CT $394,900 3 2.1 1645 TOWNHSE 7
1731 ASPEN CT $419,500 3 2 1440 DETACHD 10
668 MCVEY AVE #54 $499,000 3 1.1 992 CONDO 48
5751 WASHINGTON CT $500,000 5 2 2120 DETACHD 4
710 BRIERCLIFF LN $585,000 3 2.1 1906 DETACHD 4
1179 LARCH ST $609,900 3 2 3206 DETACHD 6
5564 BONITA RD $619,000 3 2.1 2435 DETACHD 40
760 TIMBERLINE DR $639,900 4 3 3058 DETACHD 5
5685 CHARLES CIR $700,000 4 2 2542 DETACHD 5
15 DEL PRADO ST $725,000 4 2.1 2185 DETACHD 8
15818 SPRINGBROOK CT $849,500 3 3 2538 DETACHD 77
1828 PALISADES TERRACE DR $880,000 4 2.1 3264 DETACHD 33
18265 RIVER EDGE CT $1,020,000 3 3.1 3464 DETACHD 56
740 7TH ST $1,195,000 7 7 5431 DETACHD 410
721 7TH ST $1,249,000 4 3.1 4544 DETACHD 58
140 BERWICK RD $1,295,000 4 2.1 3114 DETACHD 43
1903 EGAN WAY $1,448,000 3 2.1 2795 DETACHD 5
635 IRON MOUNTAIN BLVD $1,589,000 5 3.1 4736 DETACHD 64
18296 MEADOWLARK LN $1,698,000 5 3.1 5770 DETACHD 84
1460 SKYLAND DR $1,795,000 4 4.1 4760 DETACHD 23
14390 UPLANDS DR $3,888,000 4 4.1 7656 DETACHD 0

SOLD (June 25-July 1, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #4 $205,900 $210,900 2 2 823 CONDO 2
40 OSWEGO SMT / Upper $215,000 $223,000 2 2 1140 CONDO 4
3852 BOTTICELLI ST $279,000 $301,000 3 2 1224 CONDO 2
5055 FOOTHILLS DR B $339,000 $314,500 3 2 1252 CONDO 252
8 BRITTEN CT $399,900 $390,000 2 2 1175 ATTACHD 36
16141 PARKER RD $435,000 $415,000 3 1 1008 DETACHD 24
14796 DAVIS LN $459,900 $455,000 3 2.1 1964 ATTACHD 212
10 CHURCHILL DOWNS $515,000 $497,000 4 3 2080 DETACHD 36
6123 FROST LN $510,000 $500,000 3 2.1 2214 DETACHD 0
14555 SHERBROOK PL $549,900 $550,000 4 2.1 2942 DETACHD 8
4746 AMHERST CT $610,000 $595,000 3 2.1 2985 ATTACHD 310
4007 BRIAN CT $650,000 $638,500 4 2.1 2282 DETACHD 5
1458 GREENTREE CIR $680,000 $650,000 4 2.1 2156 DETACHD 17
17986 SAINT CLAIR DR $725,000 $685,000 4 3 2750 DETACHD 19
5747 VICTORIA CT $694,000 $694,000 4 2.1 2432 DETACHD 28
303 LAKE BAY CT $700,000 $700,000 3 2.1 1563 DETACHD 0
6073 CARMAN DR $729,900 $712,500 3 2.1 2751 DETACHD 210
5676 SUNCREEK DR $919,000 $865,000 4 3.1 3312 DETACHD 32
475 IRON MOUNTAIN BLVD $899,900 $889,900 5 3.1 3254 DETACHD 23
4190 CHAD DR $925,000 $905,000 4 3.1 3818 DETACHD 40
5047 WOODCREST LN $925,000 $931,500 4 3.1 3713 DETACHD 12
4250 LORDS LN $1,278,000 $1,245,000 4 3.1 3516 DETACHD 299
689 G AVE $1,275,000 $1,275,000 4 2.1 3422 DETACHD 3
13740 FIELDING RD $1,495,000 $1,495,000 4 3.1 4471 DETACHD 12
2236 SUMMIT CT $2,200,000 $2,050,000 3 2.1 4066 DETACHD 243

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 ~ May 2018

Happy Summertime!

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

  • According to the RMLS Market Action Report for the Portland Metro Area, May, 2018:
    • There were 4,665 New Listings in May 2018 which was up 6.3% from May of 2017’s 4,388, and up 16.9% from the previous month/April of 2018’s total of 3,990. ***This was the strongest may for New Listings since 2008 when the number was 5,182.
    • At 2,803, May Closed Sales fell  3.2% from May 2017’s 2,896, and/but were up 11.1% from the previous month/April 2018’s total of 2,523.
    • May’s Pending Sales (accepted offers), at 3,201 dropped 6.8% from May of 2017’s 3,435, but were up 6.4% from the previous month/April 2018’s total of 3,008
    • The Average Sale Price in May of $460,700 was up $20,500 from May 2017’s $440,200, and also up from April 2018’s $452,000 by $8,700.   

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

  • North Portland:  $418,700              5.7%   (Apr 428,500)
  • NE Portland:  $504,700                   7.0%   (Apr 491,000 )
  • SE Portland:  $404,900                   7.3%   (Apr 422,400)
  • Gresham/Troutdale:   $346,000   10.9%   (Apr 348,400)
  • Milwaukie/Clackamas:  $427,900  8.3%   (Apr 430,200 )
  • Oregon City/Canby:   $435,800      7.4%   (Apr 419,300)
  • Lake Oswego/West Linn:$718,200 7.5%   (Apr 630,500)
  • West Portland:    $603,300             1.2%   (Apr 598,800)
  • NW Wash County:  $564,500          5.0%   (Apr 525,700)
  • Beaverton/Aloha:     $388,700        8.9%   (Apr 394,600)
  • Tigard/Wilsonville:   $471,700        8.8%   (Apr 491,900)
  • Hillsboro/Forest Grove: $397,400  8.4%   (Apr 389,700)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for the month of May 2018 reported:

    •  341 Active Listings   (Apr 341)
    •  261 New Listings     (Apr 261)
    •  192 Pending Sales  (Apr 192)
    •  154 Closed Sales      (Apr 154)
    • Average Sale Price for May: $718,200  (Apr 630,500)
      • 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.
    •  63 Average Days on the Market   (Apr 63)

Market Activity ~ June 11-17, 2018

Last week 21 New properties entered the market in Lake Oswego, 23 moved to Pending status, and 26 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (June 11-17, 2018)

Address List Price # Bedrs # Baths Total SF Prop Type
47 EAGLE CREST DR #21 $199,000 2 1 932 CONDO
39 OSWEGO SMT / Grnd $225,000 2 2 1212 CONDO
12 OSWEGO SMT $249,000 2 2 1140 CONDO
4000 CARMAN DR #C49 $349,500 2 1.1 1004 CONDO
6321 ALYSSA TER $379,000 3 2.1 1546 TOWNHSE
34 WHEATHERSTONE #17 $410,000 3 2.1 1692 CONDO
1731 ASPEN CT $419,500 3 2 1440 DETACHD
49 TANGLEWOOD DR $595,000 4 0.3 2491 DETACHD
1878 SOUTHSHORE BLVD $595,000 4 2.1 2594 DETACHD
5117 GREENSBOROUGH CT $650,000 3 2.1 1560 DETACHD
17036 CRESTVIEW DR $675,000 4 3 2768 DETACHD
15368 WALUGA DR $675,000 3 2 1876 DETACHD
19233 INDIAN SPRINGS RD $745,000 4 4.1 3485 DETACHD
18028 GIMLEY CT $774,900 4 2.1 3454 DETACHD
14322 EDENBERRY DR $799,990 4 2.1 2806 DETACHD
17144 WARREN CT $850,000 4 2.1 2778 DETACHD
5726 CHARLES CIR $869,500 4 3.1 3196 DETACHD
17600 UPPER CHERRY LN $1,168,000 4 3.1 3900 DETACHD
17661 WOODHURST PL $1,170,000 4 3.5 4840 DETACHD
140 BERWICK RD $1,295,000 4 2.1 3114 DETACHD
13047 KNAUS RD $1,295,000 4 3.2 4176 DETACHD

PENDING SALES (June 11-17, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4615 LAKEVIEW BLVD / Grnd $199,900 1 1 753 CONDO 31
26 CERVANTES CIR / Grnd $215,000 2 1.1 912 CONDO 25
572 S STATE ST / Uppeer $250,000 2 1 914 CONDO 6
48 EAGLE CREST DR #1C $285,000 2 2 1370 CONDO 25
28 NORTHVIEW CT $500,000 3 3 2092 ATTACHD 63
10 CHURCHILL DOWNS $520,000 4 3 2080 DETACHD 36
15115 TWIN FIR RD $549,000 3 2 1400 DETACHD 5
14273 AMBERWOOD CIR $549,000 3 2.1 2350 DETACHD 4
19350 MARLIN AVE $549,000 4 2 1820 DETACHD 56
1129 CHERRY LN $579,950 3 2.1 2196 DETACHD 5
18679 INDIAN CREEK DR $600,000 4 2.1 2276 DETACHD 48
4220 ALBERT CIR $615,000 4 3 2405 DETACHD 20
2660 LOOKOUT CT $624,500 3 3 2565 DETACHD 43
17226 TUALATIN ST $649,000 4 2.1 1984 DETACHD 16
6072 CLAIRMONT CT $700,000 4 3 2653 DETACHD 45
630 9TH ST $849,000 4 3 2576 DETACHD 19
3144 GLENMORRIE DR $880,000 3 2.1 2582 DETACHD 162
5416 SOUTHWOOD DR $899,000 4 2.1 3340 DETACHD 3
2949 WESTVIEW CIR $989,900 4 3 3326 DETACHD 3
19626 PERCH CT $1,099,000 4 2.1 3494 DETACHD 4
441 8TH ST $1,179,900 4 3 2748 DETACHD 169
13348 LESLIE CT $1,200,000 4 2.1 3863 DETACHD 1
936 EVERGREEN RD $1,975,000 3 2.1 3772 DETACHD 6

SOLD (June 11-17, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE $239,000 $231,500 3 4.1 1351 CONDO 27
750 1ST ST $297,000 $305,000 2 2 1350 CONDO 5
3986 CARMAN DR $317,500 $325,000 2 2.1 1107 CONDO 55
4442 THUNDER VISTA LN $335,000 $332,000 2 2.1 1829 CONDO 29
1857 BOCA RATAN DR $388,000 $388,000 3 2 1611 TOWNHSE 3
99 KINGSGATE RD $449,950 $425,000 2 2 1224 DETACHD 23
18963 LONGFELLOW AVE $449,750 $449,750 3 1.1 1239 DETACHD 228
15370 QUARRY RD $489,900 $480,900 3 1.1 1540 DETACHD 7
106 KINGSGATE RD $489,900 $500,000 3 2.1 1669 DETACHD 5
1605 MEADOWS DR $570,000 $575,000 3 2 2186 DETACHD 7
1483 WOODLAND TER $769,900 $575,100 4 2.1 2861 DETACHD 147
1991 GREENTREE RD $625,000 $611,500 4 3 2655 DETACHD 89
377 LIVINGOOD LN $624,000 $629,000 3 2.1 2409 DETACHD 2
2814 VALE CT $700,000 $685,000 4 3 3192 DETACHD 21
97 GARIBALDI ST $749,000 $800,000 3 2.1 3559 DETACHD 4
9 BUCKINGHAM TER $798,000 $843,000 4 3 2766 DETACHD 5
14041 EDENBERRY CT $775,000 $860,000 4 2.1 3077 DETACHD 8
19158 MEGAN PL $900,000 $880,000 4 3.1 4910 DETACHD 50
5566 LUCE LN $990,000 $950,000 5 3 3088 DETACHD 39
1299 COUNTRY CMNS $1,229,000 $1,150,000 4 4.1 3710 DETACHD 13
888 FAIRWAY RD $1,360,000 $1,210,000 4 2.2 5788 DETACHD 192
13615 WESTLAKE DR $1,350,000 $1,275,000 4 4.1 4050 DETACHD 130
18040 SKYLAND CIR $1,345,000 $1,345,000 4 2.2 4140 DETACHD 2
3914 EDENS EDGE DR $1,548,000 $1,548,000 5 5.2 6635 DETACHD 11
1655 LESLIE LN $1,725,000 $1,665,000 4 3.1 4805 DETACHD 341
1500 RIDGECREST DR $1,797,000 $1,675,000 5 5 4817 DETACHD 307

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

Well, Summertime is upon us & there are loads of activities to choose from in Lake Oswego!  Here are my picks for things happening this week! (I stayed away from meetings and focused on mostly family fun : )

Mon, June 11th 2018– 9:15am – LO Walkers! -Explore Tryon Creek, Foothills, Willamette Park & more! (Mon/Wed/Sat) CLICK HERE

Tue, June 12th, 2018 – 7:00pm – 8:00pm – Thor Spyros who studied photography with Ansel Adams will share stories from his lifetime with  “My Life, My Adventure”  – Lake Oswego Library   CLICK HERE  

Wed, June 13th, 2018 1:00pm – 2:00pm – Performing Arts/Ronnie Robbins – Brooklyn-born guitarist and singer-songwriter Ronnie Robins will present a concert of Bossa Nova, Samba and MPB, as well as some of his original songs at the Lake Oswego Library! CLICK HERE

Thu, June 14th, 2018 – 9:30am – 12:30pm – Creative Hands – Join this group of volunteers who handcraft projects with donated materials which are made into useful items and then donated to various non-profit associations- Contact the ACC at 503-635-3758 for more information.  CLICK HERE

Fri, June 15th, 2018 10:30am – 11:00am (every Friday/Birth-12 months  ; )- Baby Storytime– Lake Oswego Library  CLICK HERE

 

 

Market Activity ~ May 29-June 3, 2018

Last week 19 New properties entered the market in Lake Oswego, 14 moved to Pending status, and 29 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (May 29-June 3, 2018)

Address List Price # Beds # Baths Total SF Prop Type
1120 BOCA RATAN DR $360,000 3 2 1611 ATTACHD
4308 BOTTICELLI ST $424,950 3 3.1 2098 TOWNHSE
668 MCVEY AVE #12 $435,000 3 1.1 992 CONDO
31 PARTRIDGE LN $610,000 4 3 3125 DETACHD
17310 CANYON DR $649,000 5 3 2716 DETACHD
17976 CARDINAL DR $665,000 4 2.1 2936 DETACHD
5687 LA MESA CT $704,999 4 3 2458 DETACHD
17640 TREE TOP WAY $739,000 4 3 2718 DETACHD
17965 LAKE HAVEN DR $749,000 4 3.1 2764 DETACHD
5027 ROSEWOOD ST $874,950 4 3.1 3188 DETACHD
5853 SOUTHWOOD DR $875,000 5 2.1 3707 DETACHD
30 HILLSHIRE DR $949,950 4 2.1 3725 DETACHD
950 OAK TER $1,150,000 4 2.1 3787 DETACHD
125 MIDDLECREST RD $1,479,000 4 3.1 3242 DETACHD
19376 RIVERWOOD LN $1,600,000 4 3.1 4762 DETACHD
1099 TERRACE DR $1,799,950 5 4.1 4965 DETACHD
1810 NORTHSHORE RD $1,850,000 5 3 3553 DETACHD
1101 FOREST MEADOWS WAY $2,295,000 4 3.1 5001 DETACHD
320 CHANDLER PL $2,895,000 5 3.1 4675 DETACHD

PENDING SALES (May 29-June 3, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD G101 $219,000 2 2 840 CONDO 6
48 EAGLE CREST DR #4E $299,000 2 2 1489 CONDO 48
1381 BONNIEBRAE DR $305,000 3 1.1 1303 TOWNHSE 3
8 BRITTEN CT $389,900 2 2 1175 ATTACHD 36
6123 FROST LN $510,000 3 2.1 2214 DETACHD 0
5153 JEAN RD $570,000 8 3 2400 DETACHD 15
18 JUAREZ ST $595,000 3 2.1 2521 DETACHD 10
4746 AMHERST CT $599,000 3 2.1 2985 ATTACHD 310
75 TOUCHSTONE $685,000 4 2.1 2373 DETACHD 49
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD 28
18462 ANDUIN TER $699,000 4 2.1 2982 DETACHD 109
17986 SAINT CLAIR DR $699,500 4 3 2750 DETACHD 19
630 9TH ST $849,000 4 3 2576 DETACHD 5
4635 DOGWOOD DR $895,000 3 3 4584 DETACHD 612

SOLD (May 29-June 3, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
354 CERVANTES CIR #1C $205,000 $198,500 2 1.1 912 CONDO 18
4000 CARMAN DR #A7 $214,900 $214,900 2 2 866 CONDO 6
200 BURNHAM RD #203 $222,000 $220,000 2 1 1160 CONDO 18
805 MAPLE ST $419,900 $447,000 3 2 2344 DETACHD 3
1137 SPRUCE ST $479,900 $484,900 3 2 1214 DETACHD 3
668 MCVEY AVE / Grnd $500,000 $500,000 3 1.1 992 CONDO 27
17132 REBECCA LN $505,505 $505,505 3 2.1 1763 DETACHD 7
4391 UPPER DR $549,000 $510,000 4 2.1 1740 DETACHD 22
5071 W SUNSET DR $529,900 $515,000 2 2.1 1734 TOWNHSE 34
4555 WILDWOOD ST $499,000 $527,600 3 2 1565 DETACHD 6
17288 TUALATIN ST $598,800 $621,000 3 2.1 1820 DETACHD 3
14145 REDWOOD CT $675,000 $642,000 4 3 2558 DETACHD 71
4 BERNINI CT $665,000 $665,000 4 3 3028 DETACHD 10
4051 VIRGINIA WAY $679,333 $703,333 3 2 1750 DETACHD 2
1235 ANDREWS RD $775,000 $776,500 3 2 2506 DETACHD 3
19240 BRYANT RD $799,000 $805,000 4 3 3452 DETACHD 3
754 OAK MEADOW CT $839,900 $851,000 4 2.1 3283 DETACHD 4
13864 AMBERWOOD CIR $900,000 $892,500 4 2.1 3115 DETACHD 4
2715 GLEN EAGLES RD $950,000 $900,000 4 2 2500 DETACHD 130
64 BERWICK RD $949,000 $915,000 4 3.1 3740 DETACHD 23
18151 WESTVIEW DR $895,000 $925,000 5 3.1 3827 DETACHD 3
4305 UPPER DR $950,000 $940,000 5 2.1 3483 DETACHD 191
13507 STREAMSIDE DR $999,000 $1,004,000 4 3.1 3716 DETACHD 2
2643 RIVENDELL RD $1,100,000 $1,020,000 5 3.1 3466 DETACHD 47
1619 BAY VIEW LN $1,224,000 $1,060,000 5 3.1 4922 DETACHD 237
4643 FIRWOOD RD $1,099,000 $1,075,000 3 2.1 2790 DETACHD 25
16206 REESE RD $1,449,900 $1,433,250 4 3.1 3631 DETACHD 0
15567 VILLAGE DR $1,695,000 $1,680,000 5 4 4934 DETACHD 2
16828 ALDER CIR $1,795,000 $1,738,030 3 3 2363 DETACHD 99

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 ~ April 2018

Greetings to our Property Blotter readers!  The market is in full swing~

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

  • According to the RMLS Market Action Report for the Portland Metro Area, April, 2018:
    • There were 3,990 New Listings in April 2018 which was up 6.1% from April of 2017’s 3,759, and up 9.4% from the previous month/March of 2018’s total of 3,648.
    • At 2,523, April Closed Sales were up 13.7% from April 2017’s 3,088, and up 6.4% from the previous month/March 2018’s total of 2,371.
    • April’s Pending Sales (accepted offers), at 3,008 dropped 2.6% from April of 2017’s 3,043, but were up 3.9% from the previous month/March 2018’s total of 2,894
    • The Average Sale Price in April of $452,000 was up $23,200 from April 2017’s $428,800, and also up from March 2018’s $445,900 by $6,100.   

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

  • North Portland:  $428,500              6.0%   (Mar 438,700)
  • NE Portland:  $491,000                   7.6%   (Mar 478,900)
  • SE Portland:  $422,400                   7.7%   (Mar 418,600)
  • Gresham/Troutdale:   $348,400   11.6%   (Mar 356,400)
  • Milwaukie/Clackamas:  $430,200  8.7%   (Mar 423,400)
  • Oregon City/Canby:   $419,300      6.5%   (Mar 396,500)
  • Lake Oswego/West Linn:$630,500 6.6%   (Mar 631,100)
  • West Portland:    $598,800             2.3%   (Mar 597,200)
  • NW Wash County:  $525,700          6.1%   (Mar 550,200)
  • Beaverton/Aloha:     $394,600        9.0%   (Mar 386,000)
  • Tigard/Wilsonville:   $491,900        8.4%   (Mar 456,700)
  • Hillsboro/Forest Grove: $389,700  9.2%   (Mar 403,800)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for the month of April 2018 reported:

    •  341 Active Listings   (Mar 306)
    •  261 New Listings     (Mar 225)
    •  192 Pending Sales  (Mar 188)
    •  154 Closed Sales      (Mar 117)
    • Average Sale Price for April: $630,500  (Mar 631,100)
      • 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.
    •  63 Average Days on the Market   (Mar 82)

Market Activity ~ May 14-20, 2018

Last week 39 New properties entered the market in Lake Oswego, 31 moved to Pending status, and 19 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (May 14-20, 2018)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #51 $169,000 1 1 620 CONDO
322 CERVANTES CIR/Grnd $190,000 2 1 832 CONDO
16250 PACIFIC HWY #51 $192,500 1 1 841 CONDO
20 CERVANTES CIR $200,000 2 1.1 912 CONDO
26 CERVANTES CIR $215,000 2 1.1 912 CONDO
44 EAGLE CREST DR #1 $230,000 2 1 908 CONDO
3672 SPRING LN #4A $329,900 2 2 1117 CONDO
3101 MCNARY PKWY #6 $395,000 3 2.1 1834 CONDO
668 MCVEY AVE #58 $415,000 3 1.1 992 CONDO
14332 SHERBROOK PL $524,900 3 2.1 1770 DETACHD
17268 FERNWOOD DR $525,000 3 2 2086 DETACHD
8 GROUSE TER $569,000 4 3 2658 DETACHD
5153 JEAN RD $570,000 8 3 2400 DETACHD
328 4TH ST $624,900 2 2.1 1731 TOWNHSE
4515 OAKRIDGE RD $630,000 3 2.1 1981 ATTACHD
13805 Regency CT $659,000 4 2.1 2087 DETACHD
5540 BAY CREEK DR $675,000 3 3 2130 DETACHD
605 COUNTRY CLUB RD $689,000 5 3.1 3422 DETACHD
2765 GLEN HAVEN RD $695,000 4 2.1 2277 DETACHD
17790 OVERLOOK CIR $699,900 4 3 3637 DETACHD
45 AQUINAS ST $699,900 4 2.1 2981 DETACHD
156 DEL PRADO ST $700,000 5 4 4862 DETACHD
17986 SAINT CLAIR DR $725,000 4 3 2750 DETACHD
12 JUAREZ ST $749,000 4 3.2 3735 DETACHD
17502 ERIN CT $749,900 4 3 3056 DETACHD
4 HILLSHIRE DR $804,950 4 2.2 3232 DETACHD
2398 PALISADES CREST DR $829,900 4 2.1 3362 DETACHD
5772 BAY CREEK DR $849,000 5 3 3242 DETACHD
1500 EASTVIEW CT $849,000 4 3.1 3946 DETACHD
13984 CHELSEA DR $864,900 4 2.1 3216 DETACHD
18269 TAMAWAY DR $885,000 4 2.1 3293 DETACHD
18018 GIMLEY CT $890,000 4 3 3612 DETACHD
17960 MEADOWLARK LN $899,000 4 3.1 3400 DETACHD
4145 CHAD DR $929,900 4 2.1 3337 DETACHD
18955 BRYANT RD $1,025,000 4 2.1 3647 DETACHD
116 NORTHSHORE RD $1,100,000 4 2 2702 DETACHD
1180 CHERRY LN $1,150,000 4 4.1 4248 DETACHD
17432 KELOK RD $1,275,000 4 2.1 3023 DETACHD
140 BERWICK RD $1,395,000 4 2.1 3114 DETACHD

PENDING SALES (May 14-20, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
40 OSWEGO SMT/Upper $215,000 2 2 1140 CONDO 4
4 TOUCHSTONE #77 $239,000 3 4.1 1351 CONDO 27
1857 BOCA RATAN DR $388,000 3 2 1611 TOWNHSE 3
18543 DON LEE WAY $400,000 3 1 1099 DETACHD 7
110 KINGSGATE RD $419,900 3 2.1 1669 DETACHD 68
18319 TERRY CT $434,850 3 1.1 1191 DETACHD 4
1137 SPRUCE ST $479,900 3 2 1214 DETACHD 3
106 KINGSGATE RD $489,900 3 2.1 1669 DETACHD 5
19200 REDWING CT $499,900 4 3 2128 DETACHD 41
8 SHERWOOD CT $529,900 3 3.1 3212 DETACHD 138
14555 SHERBROOK PL $549,900 4 2.1 2942 DETACHD 8
1250 HEMLOCK ST $649,900 5 2 2465 DETACHD 13
4007 BRIAN CT $650,000 4 2.1 2282 DETACHD 5
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD 15
17423 OAK MEADOW LN $720,000 3 2.1 3125 DETACHD 132
20 INDEPENDENCE AVE $724,900 4 3 3900 DETACHD 4
6615 MCEWAN RD $775,000 3 1.1 1492 DETACHD 208
3766 RIVERS EDGE DR $799,000 5 3.1 3428 DETACHD 3
808 TIMBERLINE DR $799,000 4 2.1 3276 DETACHD 81
2484 MARYLSHIRE LN $799,000 4 3.1 4168 DETACHD 30
18360 DELENKA LN $899,900 5 3.1 4349 DETACHD 2
3144 GLENMORRIE DR $899,900 3 2.1 2582 DETACHD 132
19158 MEGAN PL $900,000 4 3.1 4910 DETACHD 50
13020 KNAUS RD $949,000 3 2.1 2545 DETACHD 2
14053 AMBERWOOD CIR $975,000 4 3 3126 DETACHD 4
3940 Canal RD $1,050,000 4 3.1 3838 DETACHD 69
17492 REDFERN AVE $1,099,900 3 2.1 2828 DETACHD 6
2057 SUMMIT DR $1,195,000 4 3.1 4694 DETACHD 105
13615 WESTLAKE DR $1,350,000 4 4.1 4050 DETACHD 130
5220 FIRWOOD RD $1,495,000 3 2.1 2507 DETACHD 9
3300 UPPER DR $2,000,000 4 2 2200 DETACHD 5

SOLD (May 14-20, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #510 $250,000 $246,900 1 1 830 CONDO 45
5262 ROSEWOOD ST $400,000 $400,000 3 1 1550 DETACHD 7
15256 BOONES WAY $490,000 $477,500 3 2.1 1618 ATTACHD 35
19253 CHILDS CT $530,000 $500,000 3 2 1687 DETACHD 39
4 WESTMINSTER DR $585,000 $585,000 4 3 2142 DETACHD 1
17647 HILL WAY $559,900 $587,900 3 2 1787 DETACHD 4
13861 SHIREVA CT $625,000 $651,000 4 2.1 2377 DETACHD 5
2033 RIDGEWOOD RD $699,000 $680,000 4 2.1 2668 DETACHD 622
343 3RD ST $685,000 $685,000 3 3.1 2044 TOWNHSE 5
16731 ALDER CIR $699,000 $715,000 3 2.1 2301 DETACHD 7
2 SHERWOOD CT $725,000 $750,000 5 3.1 3306 DETACHD 1
2325 OAKHURST LN $789,000 $780,000 5 2.1 3627 DETACHD 51
496 10TH ST $850,000 $850,000 4 2 2854 DETACHD 15
13101 AMBER PL $1,110,000 $872,000 4 2.1 3817 DETACHD 178
4904 LOWER DR $864,900 $874,900 4 3 2844 DETACHD 3
16805 OLD RIVER DR $875,000 $885,000 3 2 1728 DETACHD 9
18171 BRYANT RD $1,247,000 $1,198,000 3 2.1 2984 DETACHD 201
937 F AVE $1,219,900 $1,200,000 5 3 2736 DETACHD 57
752 E AVE $1,250,000 $1,250,000 3 3 2818 DETACHD 0

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 ~ April 30-May 6, 2018

Last week 26 New properties entered the market in Lake Oswego, 31 moved to Pending status, and 22 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (April 30-May 6, 2018)

Address List Price # Beds # Baths Total SF Prop Type
45 EAGLE CREST DR #401 $289,000 3 2 1348 CONDO
210 S STATE ST #7 $329,900 3 2 1284 CONDO
16880 CORTEZ CT $395,000 3 2.1 1991 DETACHD
16 GREENRIDGE CT $415,000 2 2.1 1535 TOWNHSE
16141 PARKER RD $435,000 3 1 1008 DETACHD
15370 QUARRY RD $489,900 3 1.1 1540 DETACHD
622 CLARA CT $599,000 3 2 2236 DETACHD
17040 FERNWOOD DR $620,000 3 2 2399 DETACHD
2660 LOOKOUT CT $624,500 3 3 2565 DETACHD
1250 HEMLOCK ST $649,900 5 2 2656 DETACHD
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD
4087 COLTSFOOT LN $695,000 3 2 2640 DETACHD
12793 SIERRA VISTA DR $750,000 4 3.1 3650 DETACHD
19507 35TH CT $849,000 4 3 3590 DETACHD
5554 LUCE LN $849,900 4 3 3269 DETACHD
17330 GRANDVIEW CT $865,000 4 3.1 3857 DETACHD
9 1/2 HILLSHIRE DR $949,950 4 2.1 3735 DETACHD
17637 WOODHURST PL $997,000 5 3.2 4833 DETACHD
18265 RIVER EDGE CT $1,055,000 3 3.1 3464 DETACHD
2107 GOODALL CT $1,100,000 4 3 3029 DETACHD
721 7TH ST $1,249,000 4 3.1 4544 DETACHD
18262 MEADOWLARK LN $1,398,800 5 3.1 4757 DETACHD
4100 CANAL RD $1,415,000 4 3.1 4957 DETACHD
13364 ATWATER LN $1,695,000 5 6.1 5841 DETACHD
1551 LAKE FRONT RD $2,250,000 5 3 3305 DETACHD
1949 CEDAR CT $2,675,000 5 5.1 6330 DETACHD

PENDING SALES (April 30-May 6, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
96 GALEN ST / Upper $149,500 1 1 552 CONDO 3
330 CERVANTES CIR $190,000 2 1 832 CONDO 45
750 1ST ST #E31 $194,500 1 1 986 CONDO 67
4 TOUCHSTONE #141 $210,000 2 2 979 CONDO 70
3688 SPRING LN #3D $274,900 2 2 1117 CONDO 96
5262 ROSEWOOD ST $400,000 3 1 1550 DETACHD 7
805 MAPLE ST $419,900 3 2 2344 DETACHD 3
16875 TRACY AVE $465,000 4 2 1825 DETACHD 4
4555 WILDWOOD ST $499,000 3 2 1565 DETACHD 6
19200 REDWING CT $499,900 4 3 2128 DETACHD 27
4846 REDWING WAY $549,900 3 2 1607 DETACHD 16
1605 MEADOWS DR $570,000 3 2 2186 DETACHD 7
17915 RIDGE LAKE DR $615,000 4 3.1 3304 DETACHD 431
1422 ASH ST $649,000 4 3 2997 DETACHD 290
17441 BLUE HERON DR $650,000 4 3 2265 DETACHD 30
3717 UPPER DR $675,000 4 3 2240 DETACHD 4
17 SCARBOROUGH DR $680,000 4 2.1 3290 DETACHD 2
10 MORNINGVIEW LN $745,000 4 3.1 3848 DETACHD 21
14041 EDENBERRY CT $775,000 4 2.1 3077 DETACHD 8
17622 BROOKHURST DR $789,000 4 2.1 2909 DETACHD 3
19240 BRYANT RD $799,000 4 3 3452 DETACHD 3
1128 LAKE SHORE RD $799,000 2 1 1397 DETACHD 3
858 10TH ST $800,000 4 2.1 2332 DETACHD 5
17851 WESTVIEW DR $869,000 4 3.1 3433 DETACHD 50
13864 AMBERWOOD CIR $900,000 4 2.1 3115 DETACHD 4
4042 CANAL WOODS CT $949,000 4 3.1 4294 DETACHD 266
5566 LUCE LN $965,000 5 3 3088 DETACHD 39
13597 ROGERS RD $1,099,000 4 3 3945 DETACHD 276
4643 FIRWOOD RD $1,099,000 3 2.1 2790 DETACHD 25
1355 HOODVIEW LN $1,149,000 5 2 3272 DETACHD 5
18222 SIENA DR $1,595,000 4 3.1 3998 DETACHD 2

SOLD (April 30-May 6, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
147 OSWEGO SMT #21 $185,000 $185,000 2 2 1140 CONDO 1
200 BURNHAM RD #101 $194,900 $194,900 1 1 959 CONDO 181
86 KINGSGATE RD #47 $199,900 $209,500 2 2 840 CONDO 4
4053 JEFFERSON PKWY / Upper $299,900 $282,000 2 2.1 1462 CONDO 37
3844 BOTTICELLI ST $289,000 $295,000 2 1.1 1132 CONDO 5
668 MCVEY AVE #64 $295,000 $295,000 1 1 636 CONDO 7
13 BLOCH TER $415,000 $400,000 3 2.1 1972 ATTACHD 45
5861 BENFIELD CT $449,000 $432,000 4 2 1557 DETACHD 34
55 NORTHSHORE RD #10 $569,800 $470,000 2 2.1 1910 CONDO 235
652 D AVE $499,000 $505,000 3 2 1486 DETACHD 8
5101 ROSEWOOD ST $509,900 $520,000 3 2.1 1736 DETACHD 3
559 SUNNY HILL DR $577,500 $577,500 4 2.1 2234 DETACHD 129
2401 MAYORS LN $659,900 $635,000 4 3 3004 DETACHD 111
313 3RD ST $679,900 $679,900 3 3.1 1962 ATTACHD 4
5585 KILCHURN AVE $724,900 $724,900 5 2.1 2929 DETACHD 2
852 A AVE $768,000 $730,000 4 2 2362 DETACHD 83
18120 DELENKA LN $850,000 $825,000 5 2.1 3157 DETACHD 31
18341 HEATHER ANN CT $849,900 $849,900 4 3.1 2316 DETACHD 3
504 8TH ST $1,075,000 $1,060,000 4 3 2858 DETACHD 171
16860 CORTEZ CT $1,079,900 $1,092,216 4 3.1 3322 DETACHD 0
706 2ND ST $1,179,900 $1,150,000 4 2.1 2737 DETACHD 173
860 COUNTRY CMNS $1,170,000 $1,225,000 4 3 3906 DETACHD 1

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

Looking for some Springtime Fun?  Here are my picks for things happening in Lake Oswego this week! (I stayed away from meetings and focused on mostly family fun : )

Mon, May 7th 2018– 9:15am – LO Walkers! -Explore Tryon Creek, Foothills, Willamette Park & more! (Mon/Wed/Sat) CLICK HERE

Tue, May 8th, 2018 – 6:00pm – 8:00pm – Teen Duct Tape Art “Beyond the Duct Tape Wallet”  – Lake Oswego Library   CLICK HERE  

Wed, May 9th, 2018 1:00pm – 2:00pm – Performing Arts/Dorian Michael – Dorian Michael brings his fingerstyle guitar & a big bunch of blues to the Lake Oswego Library! CLICK HERE

Thu, May 10th, 2018 – 9:30am – 12:30pm – Creative Hands – Join this group of volunteers who handcraft projects with donated materials which are made into useful items and then donated to various non-profit associations- Contact the ACC at 503-635-3758 for more information.  CLICK HERE

Fri, May 11th, 2018 10:30am – 11:00am (every Friday/Birth-12 months  ; )- Baby Storytime– Lake Oswego Library  CLICK HERE