Archive for May 2013

Lake Oswego Weather Cool Down, But Some Great Homes For Sale

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Lake Oswego really has cooled down this week, but real estate is still popping up. The sunny days are gone for just a bit, but its good for keeping things green and cleaning the pollen out of the air!

There are some amazing homes for sale in Lake Oswego. Let us know what you are looking for.  The “sale pending” strips keep going up and with school winding down, there is sure to be a surge of new home buyers competing for what is on the market.

If you are new to Lake Oswego, then there are some basics you will need to know about.  It is helpful, for example, if you are here for the schools to know which schools serve which parts of Lake Oswego.  Another super big tip if you intend on using Oswego Lake at all is to know that it is a private lake.  The lake is not open to the public, but access is given to the shareholders who either own Lake Oswego waterfront property or shareholders who are part of an easement in a surrounding neighborhood.  If taking advantage of all that Oswego Lake has to offer is an important criteria for you then you need to be well aware of what your rights are to the lake and how they differ with each specific property.

There are a couple exceptions which open up the private lake to more than waterfront and easement holder property owners. These include the Lake Grove Swim Park for anyone who lives within its specified boundaries and there is also the Lake Oswego Swim Park on the other side of the lake.  Here is what the city says about the Lake Oswego Swim Park on their site:

LAKE OSWEGO SWIM PARK is a public facility featuring a wading pool, intermediate section and lap pool under the supervision of certified lifeguards. The park is open to residents only at no charge. Children under the age of 10 must be accompanied by an individual 16 years or older. The “buddy system” will be enforced. No one will be allowed to swim alone. Groups of more than 12 should phone ahead by calling 503-636-6780. Park closure is considered whenever the air temperature drops below 65 degrees. A sign will be posted at the park. Information also available by calling Parks & Recreation at 503-675-2549. ***Residents Only. July 2 – August 31, 12-6 pm (7 days a week)

There are other little nuances about buying property in Lake Oswego. Please email if you are interested in learning more or if you would like to see what is for sale right now. If you are interested in Lake Oswego Realtors or would like to tour some Lake Oswego Homes For Sale, we are happy to help!   LO@CooperJacobs.com

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

The Lake Oswego Waterfront Real Estate Market Is Heating Up

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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

Look What Has Sold For Lake Oswego Waterfront Homes In The Last Six Months

Lake Oswego Waterfront Homes For Sale:  Market Activity May 2013

Lake Oswego waterfront homes

Lake Oswego waterfront homes come in many shapes and sizes…

Sold Lake Oswego waterfront properties closed averaging 92.18% of their Final List Price. This reflects a 7.82% difference between Sale Price and List Price. They ranged in price from $415,000 to $3,200,000.  The average price of these was $1,329,758 and the median price was $1,115,000.  The median square footage was 3691 square feet and the median days on market for these Lake Oswego waterfront homes that are SOLD is 214 days.

It is interesting to note that while most of the sales were conventional financing, FIVE of the following homes were all cash buyers.  This is a good tool to have in your back pocket when competing against other Lake Oswego waterfront buyers or as a seller when reviewing offers.

18140 Pioneer Court, built in 1980, 4 bedrooms, 2.1 baths, 2537 square feet $415,000

16621 Graef Circle – built in 1937 , 3 bedrooms, 1.1 baths, 2170 square feet $437,500

17680 Blue Heron Dr, built in 1968, 4 bedrooms, 3 baths, 3070 square feet, $725,000

340 Ridgeway Rd, built in 1935, 3 bedrooms, 3 baths, 3796 square feet, $730,000

17301 CANAL CIR Built in 1937, 3 bedrooms, 2.1 baths, 1812 square feet, $749,000 (CASH)

831 NORTHSHORE RD  built in 1975, 3 bedrooms, 2.1 baths, 2113 square feet, $785,000 (CASH)

17775 KELOK RD  built in 1977, 4 bedrooms, 2.1 baths, 2882 square feet, $846,000

4033 WESTBAY RD  built in 1998, 4 bedrooms, 3.1 baths, 3691 square feet, $1,115,000  (listed for $1,195,000 and sold for 93% of that after 30 days on market.

1655 EDGECLIFF TER built in 1964, 4 bedrooms, 3.1 baths, 3416 square feet, $1,125,000 (listed for $1,175,000 and sold for 96% of that after a cumulative total of 182 days on market.)

2092 SUMMIT DR built in 1982, 4 bedrooms, 4.1 baths, 4441 square feet, $1,295,000 (CASH sale and sold at 100% of list price after a cumulative market time of 289 days)

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More beautiful Lake Oswego homes around the lake

3917 SOUTHSHORE BLVD built in 2007, 3 bedrooms, 4.1 baths, 4657 square feet, $1,750,000

2700 SUMMIT DR built in 1945, 5 bedrooms, 3 baths, 4472 square feet, $1,753,875 (CASH buyer – listed for $1,800,000 and sold for 97% of that with no market time)

15825 OSWEGO SHORE CT built in 2006, 3 bedrooms, 3.1 baths, 4317 square feet, $1,875,000

1800 NORTHSHORE RD  built in 1994, 4 bedrooms, 6.1 baths, 7660 square feet, $3,145,000 (CASH)

3142 LAKEVIEW BLVD built in 2006 4 bedrooms, 5 baths, 5554 square feet, $3,200,000
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Lake Oswego RealtorsIf you are interested in buying or selling in Lake Oswego, please let us know.  We are happy to provide you with the current market environment and help you make the best plan depending on your situation. Lake Oswego is a great place to live and a better place to buy or sell with the right help. LO@CooperJacobs.com

Oswego Lake Is Buzzing Today!!!

Lake Oswego waterfront happenings:  With a high in the eighties, it is no wonder why the lake is a buzz with activity! The water is still chilly, but that isn’t stopping intertwined and wake boards from being dusted off for the season. Lake Oswego is beautiful this weekend and here are some shots of some of the waterfront homes that line Oswego Lake.

Let us know if you are interested in Lake Oswego homes for sale. There are some wonderful Lake Oswego waterfront properties on the market right now and we are happy to show you any of them. LO@CooperJacobs.com

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Lake Oswego Waterfront Homes On The North Shore

 

There are some phenomenal Oswego Lake waterfront homes in Lake Oswego, Oregon! The truly fabulous thing about them is how different each one is and how many different styles there are to suit different tastes. Here are just a couple from the road. If you are interested in touring Lake Oswego waterfront homes for sale, let us know. LO@CooperJacobs.com