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

Significant Lake Oswego Waterfront Property Is Sold!

Lake Oswego Waterfront Homes
3232 Lakeview Blvd is SOLD!

Lakeview Blvd lakefront home is sold!

The beautifully handcrafted Stone Villa on Lakeview Blvd finally sells – a long time one of my personal favorite Lake Oswego waterfront homes for sale, 3232 Lakeview Blvd has closed in escrow! This waterfront gem has been my favorite for a variety of reasons, but mostly because I like the potential that it has always represented.  The villa is a shell of a mansion as in it still needs the interior finish work.

Here is the verbiage from the listing in the RMLS:

This enchanting Italian stone villa is waiting for your vision of the interior finish. Over $4 million has been invested in the exterior improvements. The spectacular stone facade is reminiscent of old villas on Lake Como. Lower level has an indoor pool, sauna, wine cellar and exercise room. Elevator to all 3 levels. Hot tub and boat house are completed. Interior is ready to sheet rock.

And here are some the details of this seriously unique and special Lake Oswego waterfront property: 

lake oswego waterfront homes
More beautiful Lake Oswego homes around the lake
  • 7000 square feet
  • 5 bedrooms
  • 5 baths
  • indoor swimming pool
  • sauna
  • exercise room
  • wine cellar
  • boat house
  • built in 2003
  • 2 car garage
  • .23 acre lot
  • gated

Details of the market time of this home:

3232 Lakeview Blvd closed in escrow on 5/29/2014 for $2,250,000 after 1113 days on market recently.  It was originally listed on 6/23/2008 by a different brokerage for $6,300,000 for 361 days.  The most recent market listing began in April of 2011 at a price of $4,450,000 before being reduced to $3,400,000 in February of 2012 and then $2,900,000 in March of 2012 and then to 2,590,000 in February of 2013.  That was the last list price before it sold this last week.  The purchase price that was settled on is a considerably good price even just form an investment point of view.   There is a one time $5000  payment for the Oswego Lake waterfront share that the house is deeded with.  The annual taxes on this home is currently at $56,687.37 according to the listing.

Lake Oswego real estate
Lake Oswego Brokers: 503-899-2968

Lake Oswego Waterfront Homes For Sale:

Please let us know if you are interested in any of the beautiful Lake Oswego waterfront homes that are listed right now.  We are happy to show you lakefront homes on Oswego Lake no matter who they are listed with and look forward to being your advocate.

Additionally, if you are a Lake Oswego seller, please let us know how we can help you.  There are some amazing listings that you will be competing with at the moment so pricing and presentation are key starting points.  Our unique marketing will help put you ahead of the competition and get the best return on your investment.

Court Olsen & Brian Olsen, Cooper Jacobs Real Estate

LO@CooperJacobs.com 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

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 Real Estate Market Update: Looking At YTD Year over Year

Guess What?  Lake Oswego Real Estate is back.

If you have had your head up at all, you may have noticed a lot more activity this year.  Sales volume for total homes sold in Lake Oswego (listed in the RMLS) has returned to pre 2008 levels.There have been 648 Lake Oswego homes sold this year alone so far from 1/1 to 11/11.  This hasn’t been higher since 2005 when during the same period 688 homes sold.  Total sales volume this year has been $383,628,000 which hasn’t been topped since 2007 when it was $383,834,000 for the same period.

Charts below illustrate year to date for the same periods for 2004 through 2013 so you can see the dip and recovery.  If you questioned whether or not you should put your Lake Oswego home on the market, then this should clear it up.  The median price of these sold homes is $500,000 for 2013 so far.  Last year for this period, it was $448,700.  If you are interested in buying or selling Lake Oswego real estate, please get in touch with us so that we may help you evaluate your options.  Thank you in advance! LO@CooperJacobs.com   503-899-2968

Lake Oswego real estate market update

chart_2Lake Oswego Realtors when you need them:  Cooper Jacobs Real Estate. 

All data compiled by Principal Broker Court Olsen using data from the RMLS.  CooperJacobsPDX

Lake Oswego Homes For Sale:  Listings here include Lake Oswego waterfront homes, Lake Oswego easement homes, riverfront, lakefront, etc.  They are all detached units and residential only using area 147 and the city of Lake Oswego Oregon which is zip codes 97034 and 97035.

Lake Oswego Waterfront Real Estate Market: It’s A Buyer’s Market, But Sellers Still Have A Say

In the last month, there has been enough action in Lake Oswego’s waterfront real estate market to note that sellers of Oswego Lake waterfront properties do indeed have a say, but not enough to rule out a buyer’s market.  In either case, whether you are a buyer or a seller, there are different aspects of the market that should be taken into account.Lake Oswego waterfront homes

What’s for sale on Oswego Lake right now?

Currently, there are 27 Active Lake Oswego waterfront homes for sale on the market in the MLS. These homes range in price from $479,000 to $7,900,000 with a relatively affordable median list price of $1,495,000.  The average dollar per square foot on these is $515 and the median days on market is 102 days with a range of 8 days to 398 days.

What has sold on Oswego lake in the last 30 days – pending Oswego lake waterfront homes sales that have not closed in escrow yet:

There are five Lake Oswego lakefront homes that are pending in escrow right now.  These range in price from $1,349,000 to $1,839,000 with a median list price of $1,579,900.  The median days on market for these 47 days and the average dollar per square foot for these is $401/foot.

Sold Lake Oswego Real estate numbers on the lake:  

One Lake Oswego waterfront home that was listed in the MLS and is on the lake has closed in escrow. You can see full details here: lo waterfront sold detail 11032013, but basically it was an Oswego Lake waterfront home located at 2240 Summit Court.  It was listed for $2,595,000 and on the market for 93 days.  It has a final sales price of $2,375,000 which at 5036 square feet  is $472/square foot.

Here are the RMLS remarks for 2240 Summit Court:

Stunningly well built traditional w/commanding 180 degree views of Oswego Lake. Located on a rare cul-de-sac this timeless design was built w/tomorrow in mind; 3 stop elevator, floor to ceiling windows, great room concept, large recreation room w/ wet bar, 850 bottle self cooling wine cellar, safe room, large interior shop, oversized 3 vehicle garage, boat house, dock and lift!

There are some good choices for waterfront homes on Oswego Lake right now, and of these there is a good range of price and style.  You can find homes on both Lakers and Pacers side of the lake and also in a wide variety of waterfront types such as main lake, bay, and canals.  Just last week a beautiful home I have been photographing for months came on the market. I would be so excited to show anyone this particular home and the brokers open last week was obviously a hit.  Call me if you want to learn more about what is on the market, how much your home might be worth, or just Lake Oswego in general.  It is a great place to live and a wonderful place to move to.  I look forward to sharing it with you!

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:  

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 Wrap Up September 2013

A peek at Lake Oswego waterfront real estate at summer’s end…

lake oswego waterfront homes for sale

Summer is winding down in Lake Oswego as much as we hate to look around and admit.  The leaves have been starting to blow a bit more and I have even seen them in the street… There are 39 active Lake Oswego waterfront homes for sale currently in the RMLS.  If you know of a FSBO Lake Oswego waterfront home that should be included in this mix, please let me know. The homes and condos currently listed on the shores of both Oswego Lake and the Willamette River have been on the market anywhere from 1 day to 351 days with an average days on market of 97 days and a median days on market of 76 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 $464.

There are 6 Lake Oswego waterfront homes that are pending currently in the RMLS. They range in list price form $379,000 to $2,595,000 with a median list price of $1,597,500 and an average dollar per square foot of $376.

Looking back over the last month only for Lake Oswego waterfront homes that have sold and closed in escrow, there have been 4 of them ranging in sale price from $915,000 to $1,268,000 with a median sales price of $1,062,500 and a median list price of $1,400,000.  The average dollar per square foot on the list price for these sold homes is $296.

Here are the details of the sold properties:

5320 Childs Road in Lake Oswego is technically in Rivergrove and is a 5 bedroom 3 bath which was listed for $949,950 and sold for $915,000 on 8/27/2013.

12700 Fielding Road in Dunthorpe is a 3 bedroom 3 bath 3025 square feet home on the Willammette River.  It was listed for $997,500 and sold on 8/23/2013 for $950,000.

17485 Cardinal Drive in LO sold on 9/4/2013 for $1,175,000.  It was listed for $1,195,000 and located in Blue Heron Villas.  It has 4 bedrooms, 3 baths and is 3307 square feet.

17809 Kelok Road in LO sold recently as well.  5 bedroom and 3 bath with 3700 square feet.  It is located in the Lake Haven neighborhood and is on one of the canals on Oswego Lake. It was listed for $1,249,000 and sold for $1,268,000 on 8/21/2013.

The overall dollar per square foot for all 49 of these Lake Oswego waterfront properties is $296 with an overall median days on market of 77 days.

Some basics about Lake Oswego Waterfront Real Estate:

There are canals to the main lake and there is also Willamette River waterfront property.  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

Beautiful Oswego Lake….Labor Day Weekend Calm Before The Storm

Lake Oswego boatingLake Oswego Boating:  Took this shot off the boat last night on a quiet cruise without the kids.  Oswego Lake is a beautiful and peaceful place at night with only a few other souls out enjoying the calm. Should be the calm before the Labor Day weekend activity.  The weather in Lake Oswego this weekend is set to be boating perfect and ready for lots of last hurrah summer fun before school starts on Tuesday.

Lake Oswego living is closely knit to the lake itself and no wonder why.  Oregon is full of natural beauty, but this is my favorite place in the state.  If you are interested in Lake Oswego living, then let me know if you need help looking at different neighborhoods, etc.  If the lake is important to you like it is to me, then you need to find a home that is either on the water or in one of the easements.  Oswego Lake is a private lake.  It is not open to the public.  Not all homes in Lake Oswego offer the luxury of the use of the lake.  It is important to find Lake Oswego easement homes so that you can take advantage of the biggest asset of living here. We can help you can find all Lake Oswego homes for sale including Lake Oswego waterfront homes and homes in different Lake Oswego neighborhoods.