Village On The Lake Most Recent Real Estate Sales

Lake Oswego’s Village On The Lake:  Yesterday speaking with a Lake Oswego neighbor, I got asked the question: “How’s the market?”.  The short answer is GOOD. Multiple offers and high demand for well priced Lake Oswego homes creates a great environment for sellers thinking about moving. village on the lake homes

Village on the Lake is a micro neighborhood on the North Shore with less than 100 homes, but pretty much the perfect set of amenities for many buyers. Good schools, great houses, beautiful streets, and one of the nicest easements on Oswego Lake – complete with bathrooms, BBQs, Boat slips, canoe /kayak /SUP racks, swimming areas, and in a great section of the main lake.  Village on the Lake homes have been selling in the $700,000 to $1.5 Million dollar and up range depending on size of home, water view, location of home in neighborhood, etc.  Most Village on the Lake homes are now selling in the $900,000 and up range, so look to this neighborhood to be a good investment.

The most recent sales in Village On The Lake are as follows:

1600 View Lake Court $860,000  This home is a 2 bedroom view home built in 1989.

15519 Village Dr. $690,500 This VOTL Lake home came on and off the market so fast you may have not seen it!  It is  a 3 bedroom 2274 square foot home built in 1989.

When a Village On The Lake home comes up for sale on the market it doesn’t last long! This Lake Oswego neighborhood is one of the most desirable places it seems – there are a couple coming on soon so let us know if you are interested so that we can try and get you in right away!  Court Olsen 503-899-2968

Lake Oswego Waterfront Real Estate Market Update

Lake Oswego Waterfront Homes MARCH 2014 REPORTlake oswego waterfront homes for sale

Oswego Lake Waterfront Property update: Lake Oswego Real Estate activity is increasing as the winter freeze wears off and buyers look around at 2014 market conditions. We certainly had more snow here at the lake then last year and the most snowfall over Christmas in a decade. Lake Oswego Lakefront property is almost always the most desirable, unless one is afraid of water or increased taxes, and the sale prices certainly reflect the appeal of living on or near Oswego Lake.

Here are details on Lake Oswego waterfront HOMES SOLD in the last  month (last 30 days).

4153 Westbay Road SOLD for $1,240,000 just $109,000 less then asking.

112 Northshore Circle SOLD for $1,475,000 only $75,000 below original list price!

1100 Northshore Road SOLD for $2,550,000 just $100,000 less then asking.

All of these Lake Oswego waterfront properties are wonderful and certainly a sound investment. The median Sold price is $1,475,000…not too shabby. This works out to be an average price per square foot to be $430. The homes are predicted to appreciate at around 4.8% annually and that’s relatively conservative. The numbers look good! There are 21 active Lake Oswego waterfront listings currently on the multiple listing service and 9 Lake Oswego waterfront properties for sale are pending.

This data is compiled from the RMLS and includes only Lake Oswego waterfront homes that are lakefront. 

Size of the waterfront homes currently listed FOR SALE is luxurious and large. Most have relaxing outdoor living spaces that make great use of patio space. Some Lake Oswego homes have outdoor fire pits. Why end the evening with smoars when you can start with pizza. Many landscapes have fireplaces with BBQ’s built into them. I would certainly work in an outdoor pizza oven. Homeowners can get plenty of exercise at the house with the average square footage of these fancy homes a spacious 4,856 feet.

Let’s move out of hibernation and into the great outdoors! Let us know if we can help. 503-899-2968 LO@CooperJacobs.com

First Addition Real Estate Market Update in Lake Oswego

Lake Oswego Snow 2014All bundled up in this weather, I hope!  The city of Lake Oswego has actually done a great job keeping our roads passable and safe. I wanted to take a break and dive back into the First Addition Real Estate market now that 2014 is off to a good start. First Addition is one of the oldest neighborhoods in Lake Oswego, and it is filled with character!

If you are thinking about moving to Lake Oswego, then this is a great site to check out different Lake Oswego neighborhoods and learn about Lake Oswego living. If you want to talk to me about different Lake Oswego neighborhoods, schools, etc., I am free anytime and would look forward to making your relocation to Lake Oswego easier all around.  Now, Back to First Addition Homes for sale and real estate market info for the last month…..

First Addition Homes SOLD in last 30 days – just one in the RMLS. In the last 30 days, we have had one large First Addition home for sale close in escrow.   425 G Ave was listed for $1,400,000 and sold for full price on 2/5/2014 after being on the market for 91 days.  It is a Lake Oswego new construction home and has 3890 square Lake Oswego Snow 2014feet, four bedrooms, and 2 baths.  Obviously, the location of this First Addition home is a huge selling point. Proximity to all Downtown LO city amenities is always in demand.

There are 3 First Addition homes for sale that are currently pending in escrow as well as the one which has closed.  These range in list price from $889,000 to $1,250,000 with a median list price of $969,000.  They range in days on market from 0 to 189 days.

So, what is for sale in Lake Oswego’s First Addition neighborhood? There are 6 active First Addition listings in the RMLS currently – single family and labeled First Addition.  These First Addition homes for sale range in list price from $665,000 to $1,050,000 with a median list price of $996,750.  The average dollar per square foot is $253.  These have been on the market for a median days on market of 59 days with a range of 7 days to 208 days.  These homes are located in First Addition on streets such as D Ave, 4th St, 6th St, E Ave, 2nd St, Atwater Rd,  and 9th St.  Among these, you will find presales, new construction, and Lake Oswego properties for sale that don’t have signs out front.  Full details: First Addition Real Estate market 02092014 

No matter what Lake Oswego neighborhood you are interested in, Let us help you get started.  We just need some quick info to get you started: