Lake Oswego Waterfront Homes Market Update

Lake Oswego waterfront real estateLake Oswego homes : waterfront market update for SOLDS in last 30 days

It has been an active Lake Oswego waterfront homes market so far this summer.

Just in the last 30 days for Oswego Lake waterfront properties (not Willamette River waterfront homes in Lake Oswego), there have been 6 lakefront homes sold in escrow through the MLS.

The price on these sold Lake Oswego waterfront homes range from $400,000 (a fluke) to $3,475,000 with a median sold price of $1,435,000 and an median days on market of 189 days.  The average dollar per square foot for these Lake Oswego lakefront homes and canal front homes that have sold is $442 with a median sales price to list price percentage of 96.73%.

Sold lakefront homes and canalfront homes: 3300 Southshore Blvd., 18000 Sarah Hill Lane, 17471 Cardinal Dr., 263 Northshore Rd, 2926 Lakeview Blvd., 3214 Lakeview Blvd.

Here are the details of the Lake Oswego waterfront homes which have sold:

LO Waterfront sold detail 07262014 client handout

You can see the full stats of the Lake Oswego waterfront homes real estate market here: 

Lake Oswego Waterfront Homes for sale Stats 072614

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

Welcome Lake Oswego Based Real Estate Broker Brian Olsen To The PDX Team!

We are pleased to have officially hired Brian Olsen at Cooper Jacobs Real Estate’s Portland Branch.

Brian comes to us with many years of experience in the real estate field across the Pacific Northwest.  He lives in Lake Oswego and is an excellent resource for anything LO and real estate.  You can reach Brian at 503-899-2968 or Brian@CooperJacobs.com

Cooper Jacobs Real Estate offers a great package of perks and prides itself as being one of the most tech savvy brokerages in the Pacific Northwest.  We use this to benefit our many satisfied and repeat clients and look forward to working with you, too! If you are interested in working for a Portland Brokerage that is doing it differently, please feel free to visit our careers page and learn more about our Portland Real Estate Agent Careers.  We provide have a low company dollar threshold, no monthly fees, and no “nickel and diming”. Our brokers also enjoy free company leads. We want hard working brokers who are interested in a career and representing us in the best light possible.  In return, we promote YOU. careers@cooperjacobs.com

Welcome to the team, Brian! 

Lake Oswego Waterfront Homes For Sale & Market Update

Seems like everyone is out running around holiday shopping, but that isn’t completely true in the Lake Oswego waterfront real estate market anyway.   There are SIX Lake Oswego waterfront homes that are pending in escrow currently.  These are single family homes on Oswego Lake and listed in the RMLS.

Lake Oswego Waterfront Homes For Sale & Market Update

If you are still interested in purchasing on the lake this holiday season, you have some great choices.  There are 21 Active Lake Oswego waterfront homes for sale at the moment in the RMLS.  These range in price from $479,000 for an Oswego waterfront house for sale on Southshore Blvd. to $7,900,000 for a substantial estate on Palisades Terrace Drive with a median list price of $1,590,000.

The pending homes in escrow which have already gotten into contract range in price from $499,000 for a “scrape job” on Kelok Rd with the boat dock already in to $1,839,000 for a home on Lake Front Rd. with a median list price of $1,539,950 and an average days on market of 66 days for their current listing periods and 360 days for the cumulative days on market listing period.

You can see the full summary here:  Lake Oswego waterfront homes market update and you can see the client sheets on the homes used for this update here:  Lake Oswego Waterfornt homes listings update

You can see Lake Oswego waterfront homes for sale on our corporate site. We are also happy to show you out favorites and help you figure out what part of the lake is best for you.   You can also get in touch with me easily if you want direct help or  if you are interested in learning more about Lake Oswego waterfront real estate or neighborhoods in LO.  I live in LO and enjoy our Oswego Lake lifestyle and look forward to showing you my favorite parts of this amazing community. Happy Holidays!

Court Olsen   Call or text me:  503-899-2968 email:  CO@CooperJacobs.com    Cooper Jacobs Real Estate – Lake Oswego, West Linn,  and Portland Neighborhood Realtors

Lake Oswego Waterfront Homes Market Update Oct 2013

Lake Oswego, Oregon Waterfront Homes Market Update Oct 2013

Lake Oswego waterfront homesThis is for single family homes (not Oswego Lake condos)

There are 25 active Lake Oswego waterfront homes for sale currently in the RMLS.  As always, if you know of a FSBO Lake Oswego waterfront home that should be included in this mix, please let me know. The homes currently listed on the shores of Oswego Lake have been on the market anywhere from 1 day to 374 days with an average days on market of 96 days and a median days on market of 87 days.  They range in price from $479,000 to $7,900,000 with a median list price of $1,495,000 and an average dollar per square foot of $537.  A quick note that in walking along Lakeview, I did see a sign go up so there should be another Lakeview waterfront home going up soon, too. Let me know if you are interested and I can get you the details before it goes live. 

There are 5 Lake Oswego waterfront homes that are pending currently in the RMLS. They range in list price from $1,400,000 to $2,595,000 with a median list price of $1,795,000 and an average dollar per square foot of $427.

Looking back over the last month, there have been no Lake Oswego waterfront homes that have sold and closed in escrow.

The overall dollar per square foot for all 30 of these Lake Oswego waterfront properties is $516 with an overall median days on market of 93 days.

 Oswego Lake is a private lake and in order to be able to boat in it you must either live in a Lake Oswego waterfront home or live in a home with a lake/boat easement.

There are many different options for both choices. For Oswego Lake waterfront homes you can look at both the South and the North shore. There are also many canals and bays off of the main lake. There are two high schools in Lake Oswego so if a particular one is important to you than it is important to know where the Lake Oswego high school boundaries are.

Having an easement to Oswego Lake is a more affordable way to have good access to the lake. There are many different Lake Oswego neighborhood easements to choose to be a member of so again look at boundaries and also look at the individual easements themselves. They all differ from each other so choose a home in a neighborhood with an easement that suits you. Keep in mind they have limited boat slips and have different ways if allocating those to easement members so you may not get a slip right away or even soon.

You can see Lake Oswego waterfront homes for sale on our corporate site. We are also happy to show you out favorites and help you figure out what park of the lake is best for you. Lo@cooperjacobs.com  (You can also call me if you are interested in learning more:  C Olsen 503-899-2968  Cooper Jacobs Real Estate )

Lake Oswego Four Bedroom Homes For Sale

Lake Oswego Oregon market update on Lake Oswego Four Bedroom Homes For Sale

Lake Oswego waterfront homes

Active Lake Oswego Homes For Sale with 4 Bedrooms:  Currently there are 129 four bedroom homes for sale in Lake Oswego according to the local MLS.  These range in price from $349,900 to $4,850,000 with an average list price of $990,487 and a median list price of $769,900.  The average dollar per square foot for a four bedroom home for sale in Lake Oswego right now is $270.  The days on market range from 1 day to 904 days.  The median days on market is 55 and the average is 99 so that long one is definitely throwing the average off. The median square footage for a home for sale in Lake Oswego, Oregon with four bedrooms is currently at 3600 square feet.

There are two short sale homes that are pending waiting for bank approval.  Those are listed at $265,000 and $315,000 and not reflective of the Lake Oswego four bedroom market overall.

Four Bedroom Homes in Lake Oswego Under Contract:  There are 64 homes with four bedrooms in the city that are pending waiting to close in escrow.  These range in price from $207,100 to $2,250,000 with a median list price of $626,975 and a median days on market of 33 days cumulatively. The median square footage for these is 3112 square feet. These homes sold for a median of $213 a square foot.

In the last month, 50 four bedrooms homes in LO have SOLD and closed. The sales price on these ranged from $250,000 to $3,250,000 with a median sales price of $584,800 and a median days on market of 34 days and a median size of 3081 square feet.

Overall impression for four bedroom homes in Lake Oswego:  As a buyer, there is much inventory and the four bedrooms that are available range in price greatly and also come in many different neighborhoods. The average size for a four bedroom according to these stats overall is 3443 square feet and the cumulative days on market was a median of 43 days.  The list prices ranged from $207,100 to $4,850,000 with a median list price of $669,900 and a median dollar per square foot from these list prices of $248.

If you are a seller and interested in standing out amongst the crowd, then price and preparation is key.  I am happy to provide you with a free consultation at any time to see how you compare to others on the Lake Oswego Real Estate market. LO@cooperjacobs.com

What Is Happening In The Lake Oswego Waterfront Real Estate Market?

The Lake Oswego Waterfront Real Estate Market Is Heating Up

lake oswego waterfront homes for sale

There are 44 Lake Oswego waterfront homes for sale right now in the local RMLS. These include lake, canal, and river waterfront homes in the city.  It seems that the majority of them are on the South side of the lake and its canals, but there are some amazing choices on the North side as well.  No matter which side of the lake you live on or choose to live on, the scenery is spectacular and Lake Oswego waterfront living is like nothing else.

Lake Oswego real estate offers different types of waterfront living: Lake, Canal, River, and  Easement.  Purchasing a home that is not actually waterfront, but has an easement to use Oswego Lake can be the most affordable.

Here are some of the stats of the current Lake Oswego waterfront homes for sale right now:

Current Lake Oswego waterfront homes range in list price from $595,000 to $9,998,000.  The average list price of these is $1,988,458 and the median list price if $1,600,000.  The average dollar per square foot is $473.  The median square footage for all the Lake Oswego waterfront properties is 3900.

The most interesting thing if you are considering putting your Lake Oswego waterfront home on the market is the days on market.  How long are these homes staying for sale in current real estate conditions? The range is 0 to 1050 days with a median days on market of 59 days.

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Lake Oswego Realtors

Please let us know if you are curious what your Lake Oswego waterfront home is worth.  We are also  happy to show you the competition so that you know how your home stacks up against others.  We do things differently than other Lake Oswego Brokers.  LO@cooperjacobs.com