Market Activity Sept 25-Oct 1, 2017

We had a slight up tick in new listings last week to 20 from just 13 the week before. That was matched by 20 pending listings, so a nicely balanced week. We also had 13 closed sales. This is good and steady activity for October.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 25-Oct 1, 2017)

Address Type Price BR Baths Sq Ft
4000 Carman Dr #43 Condo $205,000 2 2 866
57 Church St Condo $214,900 1 1 636
40 Oswego Summit Condo $217,500 2 2 1140
3433 McNary Pkwy #303 Condo $220,000 2 2.5 1208
5055 Foothills Dr #76 Condo $350,000 3 2 1252
16215 Lake Forest Blvd Detached $424,900 3 1 1001
210 Northshore Rd Detached $529,900 2 1.5 2050
5524 Langford Ln Detached $570,000 2 2 2038
3312 Sabina Ct Detached $590,000 3 2 1758
5059 Sunset Dr Attached $599,900 2 2.5 1734
113422 Vermeer Dr Detached $629,900 4 3 $2,682
1601 Woodland Terrace Detached $649,500 4 3 3887
13422 Auburn Ct Attached $665,000 3 2.5 2612
759 Timberline Dr Detached $690,000 4 3 2928
1604 Country Club Rd Detached $810,000 4 3.5 3878
4305 Upper DR Detached $999,999 5 2.5 3474
12750 Fielding Rd Detached $1,100,000 3 2 3018
17596 Green Bluff Dr Detached $1,150,000 4 2.5 3150
13587 Meadowcreek Ln Detached $1,195,000 4 2.5 3200
3920 Upper Dr Detached $1,350,000 4 3.5 3800

Pending Sales (Sept 25-Oct 1, 2017)

Address Type Price BR Baths Sq Ft CDOM
84 Galen St Condo $115,000 1 1 550 3
4085 Jefferson Pkwy Condo $299,900 2 2.5 1302 22
17484 Bryant Rd Detached $409,900 3 1 1431 0
1625 Cloverleaf Rd Detached $449,000 3 2 1996 43
17522 Bryant Rd Detached $450,000 3 1 1152 0
800 Woodway Ct Detached $499,000 4 3 2066 102
100 Leonard St 4-2 Condo $500,000 3 2.5 2537 65
18971 Indian Springs Circle Detached $512,000 3 2 1312 43
18906 Kristi Way Detached $559,000 3 2 1864 45
6236 Wayzata Ct Detached $589,000 4 2.5 2752 107
2 El Greco St Detached $649,000 5 4 3057 6
16943 Cherry Crest Dr Detached $679,000 4 2.5 2912 78
624 Livingood Ln Detached $695,000 4 3.5 2596 24
504 10th St Detached $819,000 3 2 2277 65
16946 Bryant Rd Detached $825,000 2 2 1390 90
822 Lee St Detached $825,000 3 2.5 1930 93
1699 Village Park Ln Detached $899,000 3 2.5+.5 3342 127
812 Country Commons Detached $899,000 4 4 3740 140
5665 Grand Oaks Dr Detached $914,900 5 3 4226 9
547 Middlecrest Rd Detached $1,098,000 2 2.5 1888 55

Sold/Closed (Sept 25-Oct 1, 2017)

Address Type List Price Sold Price Sq Ft CDOM
2 Oswego Summit Condo $199,500 $189,999 869 32
159 Oswego Summit Condo $250,000 $253,000 1,506 5
4971 Lakeview Blvd Detached $475,000 $478,500 1,433 25
5117 Greensborough Ct Detached $459,000 $508,000 1560 2
4 Abelard St Detached $539,900 $529,570 2430 6
1031 Oxford Dr Detached $559,900 $549,900 2384 358
86 Tanglewood Dr Detached $619,000 $562,000 3192 83
11 Del Prado St Detached $639,000 $600,000 2893 24
4908 Hastings Dr Detached $639,900 $635,000 2109 3
820 Lake Forest Dr Detached $675,000 $665,000 2676 5
5975 Newcastle Dr Detached $849,900 $755,000 3339 39
13612 Goodall Rd Detached $1,675,000 $1,615,000 4362 138
884 Northshore Rd Detached $2,500,000 $2,500,000 2628 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 Sept 18-24, 2017

We are enjoying a few of Oregon’s famous sunny fall days. It is practically perfect with cool breezes at night and beautiful 80 degree afternoons. I love the fall!

Last week in Lake Oswego the real estate market continued to chug along with 13 new listings, 19 houses go into pending status with accepted offers, and 10 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 18-24, 2017)

Address Type Price BR Baths Sq Ft
200 Burnham Rd #101 Condo $199,900 1 1 959
14401 Sherbrook Pl Attached $470,000 3 2.5 1828
14 Aquinas St Detached $525,000 3 3 2531
1503 Pine St Detached $629,900 5 3 2792
108 Ridgeway Rd Detached $649,000 3 1 1468
5875 Bonita Rd Detached $649,000 5 3.5 2650
2 El Greco St Detached $649,000 5 3 3057
5440 Bay Creek Dr Detached $695,000 4 2.5 2442
5562 Royal Oaks Dr Detached $700,000 4 2.5 2342
5665 Grand Oaks Dr Detached $914,900 5 3 4226
17104 Cedar Rd Detached $1,639,900 3 3 $3,345
1972 Cheryl Ct Detached $1,999,999 3 4.5 6952
1845 Highlands Loop Detached $2,795,000 4 3.5+.5 5001

Pending Sales (Sept 18-24, 2017)

Address Type Price BR Baths Sq Ft CDOM
45 Eagle Crest Dr #220 Condo $210,000 1 1 768 10
16250 Pacific Hwy #49 Condo $239,000 2 2 1305 9
154 Oswego Summit Condo $259,950 2 2 1506 117
16724 Roosevelt Ave Detached $399,999 3 1.5 1270 45
16219 Bonaire Ave Detached $419,900 4 2 1594 55
937 Country Club Rd Detached $464,500 3 1 1990 142
1515 Cloverleaf Rd Detached $475,000 3 2.5 2205 91
1940 Mapleleaf Rd Detached $495,000 3 1.5 1296 13
12729 19th Ave Detached $499,900 4 2 2700 120
1405 Cedar St Detached $515,000 4 2 2178 18
16580 Maple Circle Detached $549,000 4 1.5 2253 67
655 8th St Detached $625,000 3 2 1611 27
19080 Indian Springs Circle Detached $650,000 4 2 2406 217
4100 Coltsfoot Ln Detached $689,000 3 2.5 2840 38
19487 Dogwood Ct Detached $745,000 5 3 3105 15
17645 Oak Meadow Ln Detached $749,000 4 2.5 3723 93
16610 Woodsman Ct Detached $799,000 4 3 3462 8
456 Lake Bay Ct Detached $945,000 3 3 22393 2
3856 Upper Dr Detached $1,198,950 3 2.5 3093 100

Sold/Closed (Sept 18-24, 2017)

Address Type List Price Sold Price Sq Ft CDOM
16011 Lake Forest Blvd Detached $263,000 $265,000 2720 1
1599 Oak St Detached $549,000 $466,000 2,468 64
3707 Olson Ct Detached $675,000 $565,000 3,026 87
2405 Dellwood Dr Detached $600,000 $608,000 2336 82
5822 Bay Point Dr Detached $750,000 $705,000 3202 41
14370 Pfeifer Dr Detached $810,000 $810,000 3318 19
5322 Carman Grove Ln Detached $820,000 $820,000 2615 92
17572 Shepherds Ct Detached $887,500 $840,000 3044 58
5702 Meadowcreek Ct Detached $1,059,000 $1,040,000 3146 9
13560 Fielding Rd Detached $2,688,000 $2,450,000 5308 124

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 ~ Aug 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, August, 2017:
    • There were 4,048 New Listings in August 2017 which was down 3.7% from August of 2016’s 4,203, and down the same 3.7% from July of 2017’s total of 4,202.
    • At 3,034, August Closed Sales were up 1.1% from August 2016’s 3,001, and up 8.6% from the previous month/July 2017’s total of  2,793.
    • August Pending Sales (accepted offers), at 3,072 dropped 7.6% from August of 2016’s 3,325, and edged up 1.1% from the previous month/July 2017’s total of 3,040.
    • The Average Sale Price in August of $436,400 was up $36,300 from August 2016’s $400,100, and down from June 2017’s $447,400 by $11,000.                      

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

  • North Portland:  $436,400               9.1% (July $401,100)
  • NE Portland:  $460,100                  11.1% (July $497,000)
  • SE Portland:  $391,200                   8.8% (July $404,100)
  • Gresham/Troutdale:   $333,300     9.8%  (July $327,600)
  • Milwaukie/Clackamas:  $420,300 12.0% (July $423,100)
  • Oregon City/Canby:   $394,800      8.1% (July $392,800)
  • Lake Oswego/West Linn:$713,800 8.6%(July $741,100)
  • West Portland:    $567,100             6.7%  (July $610,900)
  • NW Washington County:$526,500 10.4%(July $536,000)
  • Beaverton/Aloha:     $376,800        9.9%  (July $380,900)
  • Tigard/Wilsonville:   $439,300        5.9% (July $440,700)
  • Hillsboro/Forest Grove: $382,800 13.0% (June $385,100)

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

    •  482 Active Listings   
    •  252 New Listings     
    •  148 Pending Sales   
    •  163 Closed Sales  
    • Average Sale Price for August: $713,800  
      • 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.
    • Average Time on the Market: 38 Days   

 

Market Activity ~ Sept 11-17, 2017

Last week saw 10 New properties enter the market in Lake Oswego, 24 move to Pending status, and 19 “Closed”/Sold.  Seasonally, roughly half of the New listings were “refreshed”. We take those out for our Property Blotter readers so that you are seeing what is actually “new” on the market.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Sept 11-17, 2017)

Address List Price # Beds # Baths Total SF Prop Type
1675 HALLINAN ST $499,900 3 2.1 2450 DETACHD
19 WESTRIDGE DR $649,100 4 2.1 3711 DETACHD
18410 DEERBRUSH AVE $659,000 4 2.1 2246 DETACHD
18000 WESTMINSTER DR $699,900 3 2.1 2679 DETACHD
1555 COUNTRY CMNS $1,089,000 4 2.1 4191 DETACHD
718 MAPLE ST $1,265,000 3 2.1 4023 DETACHD
18639 PILKINGTON RD $1,375,000 4 4 4148 DETACHD
1923 MAPLELEAF CT $1,400,000 4 2.1 3190 DETACHD
16819 GREENBRIER RD $1,799,900 4 4 3022 DETACHD
1115 LAKE FRONT RD $1,995,000 4 4 4245 DETACHD

PENDING SALES (Sept 11-17, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
562 S STATE ST/Upper $259,000 1 1 778 CONDO 17
210 S STATE ST #1 $340,000 2 1.1 1767 CONDO 118
30 WHEATHERSTONE $399,950 3 2.1 1692 ATTACHD 5
18964 REDWING WAY $449,900 3 1.1 1406 DETACHD 31
13188 VERMEER DR $486,500 3 2.1 1854 DETACHD 19
1931 KILKENNY RD $525,000 4 2.1 2411 DETACHD 68
3393 TEMPEST DR $549,000 3 3 2490 DETACHD 162
720 BRIERCLIFF LN $559,900 3 3 2152 DETACHD 41
768 7TH ST $565,000 3 2 1359 DETACHD 68
3554 TEMPEST DR $599,000 3 2.1 2279 DETACHD 60
2442 PALISADES CREST DR $599,900 4 2.1 2707 DETACHD 132
4949 MULHOLLAND DR $625,000 2 2.1 2403 ATTACHD 25
8 WESTMINSTER DR $645,000 3 2.1 2689 DETACHD 86
44 Nova CT $649,000 4 2.1 2798 DETACHD 330
18439 DEERBRUSH AVE $674,900 4 2.1 2694 DETACHD 144
5228 LOWER DR $749,900 4 2.1 2712 DETACHD 140
913 SUNNY HILL DR $765,000 6 3.1 4196 DETACHD 7
17325 OAK MEADOW LN $769,000 4 2.1 3157 DETACHD 84
19067 MEGAN PL $784,900 4 3 3400 DETACHD 99
15956 PARKER RD $824,000 3 2.1 3200 DETACHD 54
1075 SCHUKART LN $899,000 4 2.1 3452 DETACHD 35
230 3RD ST $1,299,900 4 3 3003 DETACHD 33
16938 ALDER CIR $1,795,000 4 3.1 3241 DETACHD 122
16828 ALDER CIR $1,795,000 3 3 2363 DETACHD 1

SOLD (Sept 11-17, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
1198 BOCA RATAN DR $375,000 $371,500 2 2.1 1729 ATTACHD 40
4 PEACOCK PL $450,000 $429,900 3 2.1 1890 DETACHD 65
18305 FERNBROOK CT $475,000 $456,000 3 2 1300 DETACHD 37
4700 LOWER DR $464,900 $477,500 3 2.1 1743 DETACHD 3
14246 CAMDEN LN $519,900 $480,000 3 2.1 1933 DETACHD 51
4867 SAGE HEN WAY $585,000 $585,000 4 2.1 2523 DETACHD 27
2352 OAKHURST LN $679,900 $667,500 4 2.1 3210 DETACHD 11
4336 GLACIER LILY ST $699,990 $675,000 4 2.1 3381 DETACHD 21
6081 CLAIRMONT CT $710,000 $675,000 4 2.1 2680 DETACHD 63
7050 CHILDS RD $749,000 $699,000 3 2 2108 DETACHD 20
662 7TH ST $750,000 $735,000 3 2 1461 DETACHD 11
4991 CASCARA LN $825,000 $809,000 4 3.1 3648 DETACHD 74
3909 BASS LN $919,950 $910,000 5 3.1 3876 DETACHD 53
4745 LAMONT WAY $1,025,000 $1,001,000 4 3.1 3176 DETACHD 41
14045 CHELSEA DR $1,098,000 $1,024,000 4 4 4100 DETACHD 19
17376 BERGIS FARM DR $1,069,000 $1,050,000 4 3.1 4396 DETACHD 315
3519 LAKE GROVE AVE $1,179,000 $1,185,000 4 2.1 3119 DETACHD 47
13961 KNAUS RD $2,487,500 $2,487,500 4 4.2 6614 DETACHD 155
17388 CEDAR RD $2,650,000 $2,600,000 4 3.1 4633 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.

Market Activity Sept 4-10, 2017

Last week in Lake Oswego there were 18 new listings, 15 properties that accepted offers and went into pending status, and 11 homes that sold and became closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 4-10, 2017)

Address Type Price BR Baths Sq Ft
61 Oswego Summit Condo $219,900 2 2 1212
119 Oswego Summit Condo $220,000 2 2 1212
200 Cervantes Condo $224,000 3 1.5 1138
200 Burnham Rd #303 Condo $230,000 2 1 1199
668 McVey Ave #47 Condo $249,900 1 1 626
5225 Jean Rd #303 Condo $270,000 2 2 1200
4085 Jefferson Pkwy Condo $309,900 2 2.5 1302
17040 Summer Pl Detached $649,900 4 2.5 3186
17360 Hunter Ct Detached $679,000 4 2.5 3272
19487 Dogwood Ct Detached $745,000 5 3 3105
4376 Snowbrush Ct Detached $899,000 5 2.5 $4,173
17503 Cherry Ct Detached $985,000 4 3.5 4267
1299 Country Commons Detached $1,239,000 4 4.5 3710
18137 Meadowlark Ln Detached $1,469,000 4 4.5 5306
12834 Alto Park Rd Detached $1,475,000 4 3.5+.5+.5 3973
54 Wilbur St Townhouse $1,479,000 3 3.5 3600
610 4th St Detached $1,565,000 4 2.5 3394
1103 Lake Shore Rd Detached $2,795,000 3 3 3747

Pending Sales (Sept 4-10, 2017)

Address Type Price BR Baths Sq Ft CDOM
47 Eagle Crest Dr #36 Condo $179,000 2 1 932 9
4 Touchstone Dr #124 Condo $210,000 3 2.5 1350 60
58 Oswego Summit Condo $237,999 2 2 1212 57
198 Cervantes Attached $309,000 2 1.5 1266 9
7 St Helens Circle Detached $400,000 2 2 1275 3
5495 Tree St Detached $409,800 3 1.5 1388 51
668 McVey Ave #61 Condo $465,000 3 1.5 992 342
31 Da Vinci St Detached $520,000 4 2.5 2232 48
2734 Orchard Hill Ln Detached $574,500 4 2.5 2814 246
1811 Kilkenny Dr Detached $585,000 4 3 3794 61
4597 Black Forest Ct Detached $589,900 4 2.5 2171 8
14371 Sherbrook Pl Detached $599,900 3 2.5 2550 39
4908 Hastings Dr Detached $639,900 3 2.5 2109 3
4728 Lakeview Blvd Detached $699,900 5 3.5 2867 116
103 Garibaldi St Detached $799,000 4 3.5 3940 156

Sold/Closed (Sept 4-10, 2017)

Address Type List Price Sold Price Sq Ft CDOM
15 Crestfield Ct Condo $125,000 $125,638 552 134
458 State St 2C Condo $225,000 $220,000 800 34
185552 Edgewood Ct Detached $410,000 $295,000 1,070 48
1705 Conifer Dr Detached $425,000 $425,000 1774 65
1121 Devon Ln Detached $523,720 $523,720 2968 170
17064 Rebecca Ln Detached $699,900 $685,000 2813 14
5355 Carman Grove Ln Detached $799,500 $799,500 2626 109
889 Evergreen Rd Detached $799,900 $808,000 1935 10
4189 Chad Dr Detached $998,500 $899,000 4137 35
13052 Knaus Rd Detached $1,079,000 $1,025,000 3026 71
12812 Goodall Rd Detached $1,995,000 $1,745,000 4808 56

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.

Winning Videos of Lake Oswego

This year, for the first time, the City of Lake Oswego held a video contest. The theme was “Love My City” and it prompted the contestents to make a video that showed what they love about Lake Oswego. The top three videos have just been announced and they are wonderful.

Here are the participants who submitted the winning entries:

Photo: Video Contest winners (front L to R): Zach Jett, Wilson Godrey, Megan Chiang, Erica Chiang, Nico Johnson, Ellie Johnson, Lexi Jett, Matthew Symonds, and Avery Jett. With Mayor Kent Studebaker and City Councilors Theresa Kohlhoff, Joe Buck, Skip O’Neill, Jackie Manz, John LaMotte, and Jeff Gudman. Photo courtesy of the Lake Oswego Review.

Please take a moment to watch the top three entries by clicking HERE. It will give you a lovely tour of the town. Enjoy!

Market Activity Aug 28-Sept 3, 2017

Last week in Lake Oswego there were 14 new listings, 18 properties that accepted offers and went into pending status, and 19 homes that sold and became closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Aug 28-Sept 3, 2017)

Address Type Price BR Baths Sq Ft
47 Eagle Crest Dr #36 Condo $179,000 2 1 932
198 Cervantes Attached $309,000 2 1.5 1266
13188 Vermeer Dr Detached $495,000 3 2.5 1854
668 McVey Ave Condo $500,000 3 1.5 992
1405 Cedar St Detached $515,000 4 2 2178
17 Touchstone Detached $550,000 5 3 2569
4597 Black Forest Ct Detached $589,900 4 2 2171
1625 Fernwood Dr Detached $629,000 3 2 2182
624 Livingood Ln Detached $695,000 4 3.5 2596
16969 Alder Circle Detached $740,000 3 2 1514
13479 Fielding Rd Detached $1,050,000 4 2.5 $3,385
3250 Upper Dr Detached $1,595,000 4 4.5 3977
17399 Canal Circle Detached $2,399,000 4 3.5 4442
1657 Lake Front Rd Detached $2,795,000 4 3.5 3721

Pending Sales (Aug 28-Sept 3, 2017)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #51 Condo $151,500 1 1 620 14
2 Oswego Summit Condo $189,999 1 1 869 32
201 Oswego Summit Condo $239,900 2 2 1383 58
17710 Hill Way Detached $429,900 3 2 1637 42
18565 Longfellow Ave Detached $449,000 3 2 1430 103
937 Country Club Rd Detached $464,500 3 1 1990 117
1625 Cloverleaf Rd Detached $489,900 3 2 1996 17
768 7th St Detached $625,000 3 2 1359 51
18410 Deerbrush Ave Detached $659,000 4 2.5 2246 30
1611 Highland Dr Detached $659,900 4 2.5 2652 40
801 9th St Detached $770,000 3 2 2417 130
16853 Scott Ct Detached $799,000 3 4 3917 110
13825 Melrose Pl Detached $825,000 5 4.5 4490 8
17572 Shephards Ct Detached $869,950 5 3 3044 58
3133 Douglas Circle Detached $1,349,000 4 3.5 3981 150
2510 Wembley Park Rd Detached $1,750,000 4 3.5 4907 30
920 Atwater Rd Detached $1,995,000 4 4.5 4851 164
3458 Lakeview Blvd Detached $2,795,000 4 4.5 4647 259

Sold/Closed (Aug 28-Sept 3, 2017)

Address Type List Price Sold Price Sq Ft CDOM
47 Eagle Crest Dr #17 Condo $185,000 $183,500 932 19
112 Oswego Summit Condo $227,000 $220,000 1,212 3
189 Oswego Summit Condo $255,000 $260,000 1,383 5
226 Ridgeway Rd #226 Condo $259,900 $270,000 756 37
4430 Golden Ln Condo $449,000 $449,000 2165 8
1580 Woodland Terrace Detached $599,900 $599,900 2430 25
16998 Summer Pl Detached $609,900 $605,400 2448 59
14 Northview Ct Attached $638,500 $618,950 3279 147
18295 Westview Dr Detached $699,900 $665,000 3580 87
4521 Trillium Woods Attached $647,500 $690,000 2256 3
4927 Hastings Dr Detached $699,900 $745,000 2418 4
4707 Hastings Pl Detached $765,000 $750,000 3025 51
15644 Fieldstone Dr Detached $769,900 $775,000 2629 3
15804 Allison Pl Detached $894,900 $885,000 3751 78
18108 Pilkington Rd Detached $968,000 $940,000 4097 82
3555 Lake Grove Ave Detached $1,200,000 $1,150,000 3433 38
827 8th St Detached $1,375,000 $1,290,000 3852 6
14733 Uplands Dr Detached $2,195,000 $2,025,000 7694 93
1135 Lake Front Rd Detached $2,350,000 $2,201,700 4194 45

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 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, July, 2017:
    • There were 4,202 New Listings in July 2017 which was down 3.9% from July of 2016’s 4,372, and down 11.3% from June of 2017’s total of 4,739.
    • At 2,793, July Closed Sales were up .6% from July 2016’s 2,776, and down 12.4% from the previous month/June 2017’s total of  3,187.
    • July Pending Sales (accepted offers), at 3,040 dropped 7.9% from July of 2016’s 3,302, and 6.6% from the previous month/June 2017’s total of 3,254.
    • The Average Sale Price in July of $447,400 was up $40,300 from July 2016’s $407,100, and up from June 2017’s $440,600 by $6,800.                      
        July Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $401,100               8.9% (June $406,400)
  • NE Portland:  $497,000                   11.0% (June $462,900)
  • SE Portland:  $404,100                   9.7% (June $413,200)
  • Gresham/Troutdale:   $327,600     10.4% (June $342,900)
  • Milwaukie/Clackamas:  $423,100  12.1%(June $440,800)
  • Oregon City/Canby:   $392,800       8.2% (June $402,000)
  • Lake Oswego/West Linn: $741,100 7.8%(June $627,600)
  • West Portland:    $610,900             10.3% (June $602,900)
  • NW Washington County:$536,000 10.8%(June $514,200)
  • Beaverton/Aloha:     $380,900       10.5% (June $373,800)
  • Tigard/Wilsonville:   $440,700         5.5% (June $443,500)
  • Hillsboro/Forest Grove: $385,100  12.6% (June $337,700)

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

    •  481 Active Listings   
    •  254 New Listings     
    •  171 Pending Sales   
    •  160 Closed Sales  
    • Average Sale Price for July: $741,100  
      • 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.
    • Average Time on the Market: 45 Days   

 

Market Activity ~ Aug 21-27, 2017

Last week saw 6 New properties enter the market in Lake Oswego, 18 move to Pending status, and 19 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Aug 21-27, 2017)

Address List Price # Beds # Baths Total SF Prop Type
61 OSWEGO SMT $229,900 2 2 1212 CONDO
3393 TEMPEST DR $549,000 3 3 2490 ATTACHD
1316 CEDAR ST $935,000 5 3.1 3140 DETACHD
4933 LAKEVIEW BLVD $1,095,000 3 3 3988 DETACHD
16538 MAPLE CIR $1,299,900 4 3.1 2784 DETACHD
635 IRON MOUNTAIN BLVD $1,590,000 5 3.1 4736 DETACHD

PENDING SALES (Aug 21-27, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
458 S STATE ST #2C $225,000 2 1 800 CONDO 34
44 EAGLE CREST DR #16 $229,900 3 2 1085 CONDO 40
159 OSWEGO SMT- BLDG 22 $250,000 2 2 1506 CONDO 5
5117 GREENSBOROUGH CT $459,000 3 2.1 1560 DETACHD 2
574 2ND ST $479,000 2 2.1 1394 ATTACHD 51
562 2ND ST #10 $482,000 2 2.1 1302 ATTACHD 48
1024 GANS ST $495,000 4 2 1560 DETACHD 13
4 ABELARD ST $539,900 5 3 2430 DETACHD 6
1031 OXFORD DR $559,500 3 2.1 2384 DETACHD 358
4585 TRILLIUM WOODS $620,000 3 2.1 2004 ATTACHD 0
4949 MULHOLLAND DR $625,000 2 2.1 2403 ATTACHD 3
15410 MEADOWLARK CT $650,000 4 2.1 2702 DETACHD 2
2352 OAKHURST LN $679,900 4 2.1 3210 DETACHD 11
16493 GLENWOOD CT $699,000 4 3.1 4530 DETACHD 127
5822 BAY POINT DR $729,000 5 3.1 3202 DETACHD 41
5975 NEWCASTLE DR $764,000 4 2.1 3339 DETACHD 39
5322 CARMAN GROVE LN $820,000 3 2.1 2615 DETACHD 92
1011 LAKE SHORE RD $1,295,000 3 3 2820 DETACHD 9

SOLD (Aug 21-27, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD A204 $188,000 $165,000 2 2 849 CONDO 24
1232 CORNELL ST $365,000 $320,000 3 1 1536 DETACHD 63
10 GREENRIDGE CT $379,000 $325,000 3 1.1 2063 ATTACHD 57
1220 PINE ST $467,500 $440,875 4 2 2123 DETACHD 20
4923 FIRWOOD RD $514,900 $474,900 3 2 2182 DETACHD 42
15275 BOONES WAY $499,000 $496,000 2 2 1320 ATTACHD 3
316 4TH ST $585,000 $510,000 2 2.1 1731 ATTACHD 23
17610 WESTVIEW DR $550,000 $525,000 5 3 2868 DETACHD 39
16005 INVERURIE RD $569,000 $590,000 4 2 2147 DETACHD 6
36 MORNINGVIEW CIR $674,900 $617,500 4 3.1 2953 DETACHD 218
17125 FERNWOOD DR $699,000 $673,400 4 3 2688 DETACHD 40
14412 MEADOW GRASS ST $724,900 $715,000 4 2.1 3259 DETACHD 6
13354 TWIN CREEK LN $799,900 $795,000 5 2.1 3134 DETACHD 9
3 DOVER WAY $899,999 $892,200 5 3.2 4988 DETACHD 21
19177 HILL TOP RD $1,199,000 $1,050,000 5 3.1 4692 DETACHD 63
928 CEDAR ST $1,098,000 $1,060,000 4 3.1 3182 DETACHD 162
870 TERRACE DR $1,275,000 $1,150,000 5 3.1 4652 DETACHD 127
4190 CHAPMAN WAY $1,250,000 $1,162,000 4 3.1 3553 DETACHD 69
735 7TH ST $1,225,000 $1,225,000 3 3.1 3073 DETACHD 6

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 Aug 7-13, 2017

We are having the most beautiful mid-August weather! Spectacular sunny days of 80 degrees, usually a light breeze, and lovely summer nights. Time to slow down and relish it as we all know that we are only a couple of weeks from feeling the nip of fall in the air.

Along with lazy summer days, we are still in the full swing of a very busy summer real estate market. Just as I thought the numbers would look like they are starting to slow down we had 27 new listings come onto the market last week. That is really good news as our inventory needs to stay strong to give buyers opportunity! We also had 19 properties go into pending status and 19 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (August 7-13, 2017)

Address Type Price BR Baths Sq Ft
3433 McNary Parkway #806 Condo $235,000 2 2.5 1136
90 Oswego Summit Condo $239,900 2 2 1140
3433 McNary Parkway #105 Condo $249,000 2 2.5 1208
200 Burnham Rd #304 Condo $267,900 2 2 1305
668 McVey Ave #74 Condo $290,000 1 1 636
16724 Roosevelt Ave Detached $415,000 3 1.5 1270
18963 Longfellow Ave Detached $449,850 3 1.5 1232
28 Northview Ct Attached $525,000 2 3 2092
14307 Camden Ln Detached $599,900 3 2.5 1932
4521 Trillium Woods Attached $647,500 3 2.5 2256
775 Boca Ratan Dr Detached $649,900 3 3.5 2,727
820 Lake Forest Dr Detached $675,000 4 2.5 2676
2352 Oakhurst Ln Detached $679,900 4 2.5 3210
17420 Schalit Way Detached $749,000 4 3.5 2823
17524 Erin Ct Detached $749,900 4 3 3008
830 Lake Forest Dr Detached $789,000 4 2 2517
1075 Schukart Ln Detached $899,000 4 2.5 3806
12439 SW 22nd Ave Detached $959,900 4 3.5 4118
5320 Southwood Dr Detached $959,900 4 3 3646
15543 Village Dr Detached $965,000 4 2.5 3036
4042 Canal Woods Ct Detached $969,000 4 3.5 4294
1420 Morning Sky Ct Detached $1,049,000 4 3.5 3613
547 Middlecrest Rd Detached $1,168,000 2 2.5 1888
230 3rd St Detached $1,299,900 4 3 3003
4288 Sunset Dr Detached $1,350,000 5 4.5 3601
1836 Highlands Loop Detached $1,995,000 4 4.5+.5 5594
200 Burnham Rd #208 Condo $279,000 2 2 1320

Pending (August 7-13, 2017)

Address Type Price BR Baths Sq Ft CDOM
47 Eagle Crest Dr #17 Condo $185,000 2 1 932 19
76 Cervantes Circle Condo $189,000 2 1.5 912 11
4700 Lower Dr Detached $464,900 3 2.5 1743 3
1599 Oak St Detached $469,000 4 2.5 2468 62
4971 Lakeview Blvd Detached $475,000 3 2 1433 25
14246 Camden Ln Detached $499,900 3 2.5 1933 51
4867 Sage Hen Way Detached $585,000 4 2.5 2523 27
18295 Westview Dr Detached $689,000 4 2.5 3580 87
4336 Glacier Lily St Detached $689,990 4 2.5 3381 21
7050 Childs Rd Detached $699,000 3 2 2108 20
6081 Clairmont Ct Detached $710,000 4 2.5 2680 63
14412 Meadow Grass St Detached $724,900 4 2.5 3259 6
5355 Carman Grove Ln Detached $799,500 4 3 2626 109
889 Evergreen Rd Detached $799,900 3 2 1935 10
17585 Treetop Way Detached $829,000 4 3 2422 35
3909 Bass Ln Detached $919,950 5 3.5 3876 53
14045 Chelsea Dr Detached $1,098,000 4 4 4100 19
741 B Ave Detached $1,120,000 3 2.5 2609 33
13612 Goodall Rd Detached $1,675,000 5 4.5 4362 138

Sold/Closed (August 7-13, 2017)

Address Type List Price Sold Price Sq Ft CDOM
35 Crestfield Ct Condo $174,900 $178,000 923 5
5225 Jean Rd #108 Condo $279,000 $279,000 1,500 26
5064 Foothills Dr #17 Condo $349,900 $351,000 1,252 16
4348 Douglas Way Detached $425,000 $402,500 1414 30
17226 Marjorie Ave Detached $499,000 $495,750 1782 26
802 Clara Ct Detached $609,900 $550,000 2815 47
7 Preakness Ct Detached $580,000 $580,000 2896 11
5192 Coventry Ct Detached $629,900 $639,900 2259 9
19431 Kokanee Ct Detached $715,000 $710,000 2214 3
5 Da Vinci St Detached $739,900 $750,000 2714 3
18470 Ray Ridge Dr Detached $800,000 $800,000 3902 36
14750 Uplands Dr Detached $1,100,000 $815,000 3387 48
4723 Lamont Way Detached $1,020,000 $985,000 3043 47
4060 Westbay Rd Detached $1,099,950 $1,125,000 2738 2
3926 Edens Edge Dr Detached $1,150,000 $1,140,000 4612 77
886 9th St Detached $1,275,000 $1,275,000 2980 0
3525 Upper Dr Detached $1,299,000 $1,299,900 3320 5
13877 Amberwood Cir Detached $1,699,000 $1,689,000 5851 20
1066 Northshore Rd Detached $3,895,000 $3,350,000 4169 34

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.