News & Notes ~ January 2018

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, January, 2018:
    • There were 2,486 New Listings in Jan 2018 which was up 12.4% from Jan of 2017’s 2,212, and UP a whopping 53.7% from Dec of 2017’s total of 1,617.
    • At 1,628, Jan Closed Sales were down 11.9% from Jan 2017’s 1,847, and 30.7% from the previous month/Dec 2017’s total of  2,350. (***In contrast to all those people working to get “Closed” before year-end)
    • January’s Pending Sales (accepted offers), at 2,311 topped Jan of 2017’s 1,990 by 16.1% , and also increased 31.5% from the previous month/Dec 2017’s total of 1,757 (***It was actually the strongest January for Pending sales since January 2007’s 2,544)
    • The Average Sale Price in January of $436,400 was up $26,500 from January 2017’s $409,900, and also up from December 2017’s a whopping $421,700 by $14,700.   (***What a difference the turning of a year makes!)

Neighborhoods: January’s Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $435,300              7.2%   (Dec 400,500)
  • NE Portland:  $445,800                   7.5%   (Dec 430,000)
  • SE Portland:  $380,900                   8.7%   (Dec 382,200)
  • Gresham/Troutdale:   $351,600   10.9%   (Dec 329,600)
  • Milwaukie/Clackamas:  $424,800  9.3%   (Dec 411,500)
  • Oregon City/Canby:   $408,600      7.3%   (Dec 402,100)
  • Lake Oswego/West Linn:$631,600 5.4%   (Dec 662,700)
  • West Portland:    $609,300             3.2%   (Dec 612,700)
  • NW Wash County:  $538,300          7.9%   (Dec 534,400)
  • Beaverton/Aloha:     $367,600        8.5%   (Dec 363,200)
  • Tigard/Wilsonville:   $428,400        7.2%   (Dec 435,700)
  • Hillsboro/Forest Grove: $390,300 10.4%   (Dec 366,800)

LAKE OSWEGO:

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

    •  281 Active Listings   (Dec 288)
    •  146 New Listings     (Dec 80)
    •  101 Pending Sales     (Dec 92)
    •   93 Closed Sales      (Dec 98)
    • Average Sale Price for Dec: $631,600  (Dec 662,700)
      • 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.
    • 93 Average Days on the Market   (Dec 73)

Market Activity ~ Feb 5-11, 2018

Last week 13 New properties enter the market in Lake Oswego, 16 moved to Pending status, and 12 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 5-11, 2018)

Address List Price # Beds # Baths Total SF Prop Type
750 1ST ST E33 $197,000 1 1 986 CONDO
45 EAGLE CREST DR #402 $199,000 1 1 768 CONDO
200 CERVANTES $225,000 3 1.1 1138 CONDO
5056 FOOTHILLS DR C $364,900 2 2 1252 CONDO
17790 OVERLOOK CIR $590,000 3 3 3480 DETACHD
26 GROUSE TER $795,000 4 3 3857 DETACHD
116 MIDDLECREST RD $1,075,000 4 3 2545 DETACHD
3305 CEDAR CT $1,098,000 4 3.1 3986 DETACHD
418 NORTHSHORE RD $1,248,800 4 2 2838 DETACHD
1875 FERNWOOD DR $1,249,900 4 4 3279 DETACHD
16538 MAPLE CIR $1,299,000 4 3.1 2784 DETACHD
1059 BAYBERRY RD $1,548,000 5 3.1 3550 DETACHD
17399 CANAL CIR $2,349,000 4 3.1 4586 DETACHD

PENDING SALES (Feb 5-11, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
32 OSWEGO SMT $174,900 1 1 752 CONDO 125
86 KINGSGATE RD C202 $225,000 2 2 924 CONDO 39
5225 JEAN RD #313 $260,000 2 2 1200 CONDO 155
3802 BOTTICELLI ST $275,000 3 2 1224 CONDO 3
5353 LAKEVIEW BLVD $295,000 3 2 2598 DETACHD 13
15494 BRIANNE CT $335,000 2 2.1 1250 ATTACHD 2
4000 CARMAN DR #49 $350,000 2 1.1 1004 CONDO 4
17460 SCHALIT WAY $497,000 4 3 2190 DETACHD 174
17 FALSTAFF ST $579,000 4 3 2450 DETACHD 100
33 HILLSHIRE DR $677,000 4 2.1 2757 DETACHD 45
12788 SIERRA VISTA DR $699,000 4 3.1 2812 DETACHD 221
1418 Maple ST $799,950 3 2.1 2066 DETACHD
740 7TH ST $1,249,000 7 7 5431 DETACHD 268
4660 WILDWOOD ST $1,289,900 4 4 3709 DETACHD 36
2462 SUMMIT DR $1,575,000 3 2.1 3598 DETACHD 270
12384 SW CLARA LN $2,000,000 4 2.1 2007 DETACHD 446

SOLD (Feb 5-11, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
61 OSWEGO SMT $219,900 $220,000 2 2 1212 CONDO 10
4236 WOODSIDE CIR $395,000 $400,000 3 2 1524 ATTACHD 16
4978 GALEN ST $474,850 $449,000 2 2.1 1552 ATTACHD 78
9 FALSTAFF ST $577,000 $549,000 4 2.1 2436 DETACHD 315
1885 CREST DR $625,000 $565,000 4 2 2120 DETACHD 132
16946 BRYANT RD $999,000 $824,000 2 2 1390 DETACHD 171
160 IRON MOUNTAIN BLVD $825,000 $835,000 4 3 3090 DETACHD 9
1579 BAY VIEW LN $988,000 $965,000 5 3 4730 DETACHD 182
15800 OSWEGO SHORE CT $1,155,000 $1,100,000 4 3.1 4047 DETACHD 269
18246 BELLA TERRA DR $1,269,000 $1,195,000 4 3.1 4200 DETACHD 311
830 CABANA LN $1,324,900 $1,200,000 4 3.1 3029 DETACHD 202
16697 MAPLE CIR $5,250,000 $5,250,000 4 3.2 3311 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.

Lake Oswego Picked Pics!

Category 1 Winner: Dogs Gone Surfing – Shelley Markstaller

The results are in from the Annual Photo Contest in Lake Oswego.  If you’d like to get a feel for what living in Lake Oswego is truly like, and also for the amazing and creative folks who make up this magical place, check out the slideshow gallery of the entries & winners in the link below:   Lake Oswego Photo Contest Winners & Collections

 

Market Activity ~ Jan 22-28, 2018

Last week 12 New properties enter the market in Lake Oswego, 19 moved to Pending status, and 11 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 22-28, 2018)

Address List Price # Beds # Baths Total SF Prop Type
160 OSWEGO SMT $199,000 2 2 1383 CONDO
5353 LAKEVIEW BLVD $295,000 3 2 2598 DETACHD
3688 SPRING LN #3D $299,900 2 2 1117 CONDO
507 ASH ST $399,000 4 3 4666 DETACHD
18966 LONGFELLOW AVE $459,950 3 2 1330 DETACHD
5524 WASHINGTON CT $799,000 4 2.1 2672 DETACHD
17594 SHEPHERDS CT $825,000 4 2.1 3001 DETACHD
4101 VIRGINIA WAY $899,900 4 2.2 3231 DETACHD
14144 GOODALL RD $1,089,000 4 3 3701 DETACHD
2912 WEMBLEY PARK RD $1,650,000 4 3.2 4389 DETACHD
18475 Crestline DR $1,888,888 4 4.1 4740 DETACHD
940 HOODVIEW LN $2,248,000 4 3.1 4638 DETACHD

PENDING SALES (Jan 22-28, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #75 $199,900 3 2 1593 CONDO 162
44 EAGLE CREST DRb #16 $221,900 3 2 1085 CONDO 192
19241 LONGFELLOW AVE $439,900 3 1 1188 DETACHD 3
4841 SW DAWN ST $489,000 3 2 1550 DETACHD 11
17323 ASHLEY CT $525,000 3 2.1 2117 ATTACHD 79
1033 SPRUCE ST $575,000 2 2.1 1623 DETACHD 6
21 MASARYK ST $585,000 4 2.1 2773 DETACHD 80
5622 CARMAN DR $599,000 4 2 2164 DETACHD 5
780 BRIERCLIFF LN $599,900 5 3.1 2502 DETACHD 97
13366 AUBURN CT $639,900 3 2.1 2492 ATTACHD 0
4729 LAKEVIEW BLVD $679,000 3 2.1 2551 DETACHD 40
19 HIDALGO ST $725,000 4 3.1 4500 DETACHD 11
18336 TAMAWAY DR $745,000 4 3 3372 DETACHD 6
4725 CAMBRIDGE CT $749,900 2 2.1 2942 ATTACHD 130
18440 DELENKA LN $799,900 4 3.1 4668 DETACHD 234
1316 CEDAR ST $849,999 5 3.1 3140 DETACHD 257
13300 FIELDING RD $850,000 3 2 2865 DETACHD 56
16034 INVERURIE RD $859,900 4 3 3305 DETACHD 18
2135 RIDGE POINTE DR $1,569,900 5 4.2 6755 DETACHD 247

SOLD (Jan 22-28, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
48 CERVANTES CIR 3-C $235,000 $220,000 2 1.1 1368 ATTACHD 4
18017 TUALATA AVE $379,900 $365,000 3 2 1124 DETACHD 28
5215 BONITA RD $495,000 $473,000 3 2.1 1761 DETACHD 16
5059 W SUNSET DR $599,900 $525,000 2 2.1 1734 ATTACHD 73
1798 KILKENNY RD $579,900 $529,900 3 2 2323 DETACHD 224
14260 UPLANDS DR $600,000 $580,000 4 3 2984 DETACHD 30
18410 DEERBRUSH AVE $659,000 $625,000 4 2.1 2246 DETACHD 92
13265 FOX RUN $699,900 $689,900 4 2.1 2614 DETACHD 34
17645 OAK MEADOW LN $828,000 $690,000 4 2.1 3723 DETACHD 159
339 6TH ST $789,000 $745,083 3 3.1 2258 ATTACHD 81
583 2ND ST $1,200,000 $1,200,000 2 2.1 2190 CONDO 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.

News & Notes ~ Dec / Year-End 2017

We’ve got the numbers in for 2017~ 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, December, 2017:
    • There were 1,617 New Listings in Dec 2017 which was up 13.8% from Dec of 2016’s 1,421, and down a whopping 33.1% from Nov of 2017’s total of 2,416.
    • At 2,350, Dec Closed Sales were down 10.3% from Dec 2016’s 2,621, and 1.6% from the previous month/Nov 2017’s total of  2,387.
    • December’s Pending Sales (accepted offers), at 1,757 was exactly the same as Dec of 2016, and decreased 25.9% from the previous month/Nov 2017’s total of 2,371.
    • The Average Sale Price in December of $421,700 was up $22,400 from December 2016’s $399,300, and down from November 2017’s $425,000 by $3,300.   

Neighborhoods: December’s Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $400,500              5.9%   (Nov 401,600)
  • NE Portland:  $430,000                   8.1%   (Nov 439,100)
  • SE Portland:  $382,200                   8.7%   (Nov 403,500)
  • Gresham/Troutdale:   $329,600   10.4%   (Nov 349,900)
  • Milwaukie/Clackamas:  $411,500  9.1%   (Nov 406,000)
  • Oregon City/Canby:   $402,100      7.2%   (Nov 377,800)
  • Lake Oswego/West Linn:$662,700 9.5%   (Nov 708,000)
  • West Portland:    $612,700             3.2%   (Nov 576,100)
  • NW Washington County:$534,400  7.7%   (Nov 501,200)
  • Beaverton/Aloha:     $363,200        9.2%   (Nov 349,300)
  • Tigard/Wilsonville:   $435,700        7.7%   (Nov 453,000)
  • Hillsboro/Forest Grove: $366,800 11.0%   (Nov 364,600)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for the month of December 2017 reported:

    •  288 Active Listings   
    •   80 New Listings     
    •   92 Pending Sales   
    •   98 Closed Sales  
    • Average Sale Price for Dec: $662,700  
      • 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.
    • 73 Average Days on the Market

Market Activity ~ Jan 8-14, 2018

Last week saw 7 New properties enter the market in Lake Oswego, 11 move to Pending status, and 8 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 8-14, 2018)

Address List Price # Beds # Baths Total SF Prop Type
133 OSWEGO SMT $199,900 1 1 923 CONDO
4000 CARMAN DR F90 $205,000 2 2 834 CONDO
16250 PACIFIC HWY #60 $249,900 2 2 1305 CONDO
5545 KILCHURN AVE $660,000 3 2 2559 DETACHD
12788 SIERRA VISTA DR $699,000 4 3.1 2812 DETACHD
4004 MELISSA DR $709,900 4 2.1 2865 DETACHD
13171 SANDALWOOD CT $715,000 4 2.1 3325 DETACHD

PENDING SALES (Jan 8-14, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
570 S STATE ST / Grnd $239,500 2 1 914 CONDO 2
4462 THUNDER VISTA LN $314,000 2 2.1 2040 CONDO 4
16855 GASSNER LN $449,900 4 2 2258 DETACHD 30
16150 LAKE FOREST BLVD $524,900 2 2 2302 DETACHD 42
528 2ND ST $525,000 2 2.1 1703 CONDO 7
9 FALSTAFF ST $549,000 4 2.1 2436 DETACHD 315
14260 UPLANDS DR $600,000 4 3 2984 DETACHD 30
4725 CAMBRIDGE CT $749,900 2 2.1 2942 ATTACHD 118
160 IRON MOUNTAIN BLVD $825,000 4 3 3090 DETACHD 9
4933 LAKEVIEW BLVD $996,000 4 3 3988 DETACHD 7
19419 SW EAST SIDE RD $1,300,000 4 3.1 4682 DETACHD 98

SOLD (Jan 8-14, 2018.)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
3290 WEMBLEY PARK RD $550,000 $530,000 5 3 2656 DETACHD 62
5330 CARMAN GROVE LN $759,900 $725,000 3 2.1 2442 DETACHD 165
1755 KILKENNY RD $844,900 $775,000 4 3 3164 DETACHD 131
1627 VILLAGE PARK LN $945,000 $790,000 4 3.1 3203 DETACHD 168
16 CELLINI CT $869,000 $790,000 3 2.1 3049 DETACHD 61
5349 CARMAN GROVE LN $899,900 $880,000 4 3 2847 DETACHD 189
14167 TAYLORS CREST LN $948,000 $885,000 4 2.1 3675 DETACHD 177
12750 FIELDING RD $1,100,000 $945,000 3 2 3018 DETACHD 41

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 ~ Nov 2017 Data

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

  • According to the RMLS Market Action Report for the Portland Metro Area, November, 2017:
    • There were 2,416 New Listings in Nov 2017 which was up 16.8% from Nov of 2016’s 2,080, and down 19% from Oct of 2017’s total of 2,981.
    • At 2,387, Nov Closed Sales were down 1.9% from Nov 2016’s 2,434, and 6.9% from the previous month/Oct 2017’s total of  2,565.
    • November’s Pending Sales (accepted offers), at 2,371 increased 4.6% from Nov of 2016’s 2,266, and decreased 12.3% from the previous month/Oct 2017’s total of 2,705.
    • The Average Sale Price in November of $425,000 was up $28,000 from November 2016’s $397,000, and down from October 2017’s $438,500 by $13,500.   

November Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $401,600              5.8%
  • NE Portland:  $439,100                   8.3%
  • SE Portland:  $403,500                   8.3%
  • Gresham/Troutdale:   $349,900   11.1%
  • Milwaukie/Clackamas:  $406,000  9.0%
  • Oregon City/Canby:   $377,800      7.7%
  • Lake Oswego/West Linn:$708,000 9.4%
  • West Portland:    $576,100             4.3%
  • NW Washington County:$501,200  8.4%
  • Beaverton/Aloha:     $349,300        9.6%
  • Tigard/Wilsonville:   $453,000        6.9%
  • Hillsboro/Forest Grove: $364,600 11.4%

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for the month of November 2017 reported:

    •  376 Active Listings   
    •  124 New Listings     
    •  111  Pending Sales   
    •  108 Closed Sales  
    • Average Sale Price for Nov: $708,000  
      • 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.
    • 85  Average Days on the Market

Market Activity ~ Dec 11-17, 2017

Last week saw 7 New properties enter the market in Lake Oswego, 11 move to Pending status, and 14 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Dec 11-17, 2017)

Address List Price # Beds # Baths Total SF Prop Type
4236 WOODSIDE CIR $395,000 3 2 1524 ATTACHD
16855 GASSNER LN $449,900 4 2 2258 DETACHD
4711 REMBRANDT LN $529,900 3 2.1 2050 DETACHD
14260 UPLANDS DR $600,000 4 3 2984 DETACHD
4729 LAKEVIEW BLVD $679,000 3 2.1 2551 DETACHD
12 DA VINCI ST $684,000 4 3 2959 DETACHD
17537 CARDINAL DR $2,298,000 5 4 5383 DETACHD

PENDING SALES (Dec 11-17, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1798 KILKENNY RD $559,900 3 2 2323 DETACHD 224
1661 WOODLAND TER $625,000 3 2.1 3178 DETACHD 32
5418 WASHINGTON CT $679,900 3 2.1 2074 DETACHD 64
17585 TREETOP WAY $689,000 4 3 2422 DETACHD 74
1755 KILKENNY RD $799,900 4 3 3164 DETACHD 131
1627 VILLAGE PARK LN $825,000 4 3.1 3203 DETACHD 168
13845 AMBERWOOD CIR $885,000 4 2.1 3277 DETACHD 120
2715 GLEN EAGLES RD $900,000 4 2 2500 DETACHD 130
910 A AVE $999,000 3 2 3324 DETACHD 21
18246 BELLA TERRA DR $1,269,000 4 3.1 4200 DETACHD 311
1972 CHERYL CT $1,999,999 4 4.1 6952 DETACHD 89

SOLD (Dec 11-17, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #415 $203,500 $195,000 2 1.1 1056 CONDO 119
200 BURNHAM RD #300 $215,000 $205,000 1 1 973 CONDO 17
6451 MCEWAN RD $379,900 $380,000 3 1.1 1080 DETACHD 9
16215 LAKE FOREST BLVD $424,900 $380,250 3 1 1001 DETACHD 46
19244 BENFIELD AVE $449,000 $455,000 3 2 1182 DETACHD 3
106 GREENRIDGE CT $469,950 $470,700 3 3 3198 ATTACHD 4
5866 RIDGETOP CT $539,000 $509,000 3 2 1866 DETACHD 15
4954 BILFORD LN $575,000 $560,000 2 2 1890 DETACHD 46
13422 VERMEER DR $659,000 $615,000 4 3 2682 DETACHD 29
29 DEL PRADO ST $735,000 $747,000 4 2 3037 DETACHD 7
1350 RIDGECREST DR $1,249,900 $1,100,000 5 3 3534 DETACHD 159
937 Cedar ST $1,350,000 $1,350,000 4 3.1 3938 DETACHD 125
916 LAKE SHORE RD $2,195,000 $1,780,000 4 3.1 3780 DETACHD 141
1000 ATWATER RD $2,695,000 $2,550,000 5 4.2 6531 DETACHD 41

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.

Energy Effiency

Happy December, Property Blotter Readers!

One of the things we love about living here is the change of the seasons. The seasonal variations are not as marked as in other parts of the country with our snowfall being very periodic and usually short-lived, but we DO get some of that, and of course we get to enjoy our fireplaces and the cozy feeling of getting in out of the cold during winter months. Then in spring we watch the leaves come back, followed by the splendor & blue skies of summer, and fall when the leaves turn brilliant red & gold again.

The summer and the winter present challenges to all of us in terms of energy efficiency. The City of Portland has recently instituted a mandate set to begin in January 2018 that will require all homeowners who put their homes on the market to complete and provide to all potential Buyers a Home Energy Score & report. The score will be displayed on each listing, and the reports must be provided in the home right there with the flyer and other home info. The idea is to increase awareness & reduce the overall carbon footprint in this area, and the program is being instituted in conjunction with other major cities in the United States toward the same end. The comparison is being made to Buyers being able to see MPG rating on a car for instance, to let them know how much it is going to cost them in gas as they compare one vehicle to another. ***Lake Oswego is located in Clackamas County, is not part of the City of Portland, and is therefore exempt from this regulation, but I am bringing it to your attention as this is something Buyers, who are also looking in Portland right next door, will become used to seeing and will likely ask Lake Oswego homeowners about.

Lake Oswego is exempt, as I mentioned, and/but it is always a good idea to check your home’s energy efficiency. Also, this program signals & ushers a new era of expectations on the part of Buyers. The new program is creating a set of “Energy Assessors” in this area available to come to your home and check its systems such as furnace, air conditioning, windows, and insulation. They can, if you like, provide you with a report and an Energy Score that you can use for your own information regarding how you might lower your energy costs. The reports will cost approx $250 depending on the size of the home etc.

Its always best to be “in the know”! Here is a link to information on the Portland program, just FYI: CLICK HERE

Market Activity ~ Nov 27 – Dec 3, 2017

Last week saw 7 New properties enter the market in Lake Oswego, 13 move to Pending status, and 21 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Nov 27-Dec 3, 2017)

Address List Price # Beds # Baths Total SF Prop Type
100 Kerr PKWY #58 $195,000 2 1.1 822 CONDO
16150 LAKE FOREST BLVD $524,900 2 2 2302 DETACHD
14595 SHERBROOK PL $569,500 3 2.1 2028 DETACHD
12 MORNINGVIEW CIR $635,000 3 2.1 2732 DETACHD
13265 FOX RUN $699,900 4 2.1 2614 DETACHD
17184 CARLSON CT $720,000 4 3.1 3318 DETACHD
STAFFORD RD/Lot 2 $995,000 5 3.1 3258 DETACHD

PENDING SALES (Nov 27-Dec 3, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
90 OSWEGO SMT / Upper $239,500 2 2 1140 CONDO 114
16724 ROOSEVELT AVE $389,900 3 1.1 1270 DETACHD 112
3 MOUNTAIN CIR $429,000 3 2 1464 ATTACHD 39
3845 TEMPEST DR $569,900 4 2.1 1953 DETACHD 43
13758 REGENCY CT $599,900 3 2.1 1986 DETACHD 40
1885 CREST DR $625,000 4 2 2120 DETACHD 132
8 MORNINGVIEW LN $635,000 3 2.1 3277 DETACHD 98
5330 CARMAN GROVE LN $725,500 3 2.1 2442 DETACHD 165
17645 OAK MEADOW LN $749,000 4 2.1 3723 DETACHD 159
103 GARIBALDI ST $775,000 4 3.1 3940 DETACHD 240
15543 VILLAGE DR $878,000 4 2.1 3036 DETACHD 118
5320 SOUTHWOOD DR $915,000 5 3 3646 DETACHD 106
937 Cedar ST $1,350,000 4 3.1 3938 DETACHD 125

SOLD (Nov 27-Dec 3, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
200 BURNHAM RD#303 $230,000 $214,000 2 1 1199 CONDO 53
54 GALEN ST #54 $239,900 $232,000 2 2 995 CONDO 4
88 GREENRIDGE CT #88 $270,000 $279,000 2 2 1314 ATTACHD 24
30 GREENRIDGE CT $335,000 $330,000 2 1.1 1928 ATTACHD 100
1625 CLOVERLEAF RD $489,900 $440,000 3 2 1996 DETACHD 57
5871 BONITA RD $549,950 $483,000 4 3 2406 DETACHD 421
19240 MAREE CT $525,000 $525,000 3 2.1 1964 DETACHD 2
1575 IVY CT $599,000 $563,500 4 3 2420 DETACHD 75
16 BERNINI CT $620,900 $615,823 4 3.2 4642 DETACHD 22
12 SCARBOROUGH DR $650,000 $620,000 4 2.1 2966 DETACHD 187
17524 ERIN CT $749,900 $675,000 5 3 3008 DETACHD 68
4608 CHELSEA LN $825,000 $825,000 4 2.1 3092 DETACHD 2
5406 LANGFORD LN $845,000 $840,000 3 2.1 3415 DETACHD 5
16039 BONAIRE AVE $860,000 $876,587 3 3 3305 DETACHD 0
1420 MORNING SKY CT $1,049,000 $979,000 4 3.1 3613 DETACHD 73
1011 LAKE SHORE RD $1,195,000 $1,050,000 3 3 2820 DETACHD 69
3519 Lake Grove AVE $1,185,000 $1,125,000 4 2.1 3176 DETACHD 30
3133 DOUGLAS CIR $1,499,000 $1,325,000 4 3.1 3981 DETACHD 150
610 4TH ST $1,565,000 $1,555,000 4 2.1 3470 DETACHD 49
13912 Goodall RD $1,735,000 $1,700,000 4 3.2 4658 DETACHD 84
2430 SUMMIT CT $2,300,000 $1,850,000 3 3 2911 DETACHD 154

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.