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Lake Oswego Waterfront Real Estate Market Update November 2013

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

Oswego Lake Waterfront Homes Real Estate Market 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 )

Village On The Lake Real Estate Update June 2013 Lake Oswego OR

Village On The Lake Real Estate Update June 2013 Lake Oswego OR:  Village On The Lake

It’s the last day of June 2013 – hard to believe it!  There has been a swarm of Village on the Lake real estate activity recently!  Some has been off market and some on market by Realtors in the MLS.  This information is on both.

Active Village On The Lake Homes For Sale:  Currently there are two homes for sale in the Village On The Lake Neighborhood in Lake Oswego, Oregon. One of them located on Village Drive has a sign up, but is not listed in the MLS as of yet, however in speaking with the agent it is just under $900,000. Now that the tenants have moved out, I believe it may be going on the public MLS.   The other one of the Village On The Lake Homes for sale  is a two bedroom on View Lake Court that has been listed for about a month with an asking price of $1,295,000.  Both of these homes have great views of Oswego Lake and the neighborhood as a whole has one of the best Oswego Lake easements and marinas on the lake.

village on the lake living in lake oswego orPending Village On The Lake Homes For Sale:  There is one home in the Village on the Lake community that is pending in escrow at the moment.  After just 12 days on the market this Village Drive home went pending on 6/19/2013.  It is rather large at 5247 square feet with 4 bedrooms and a nice view of Oswego Lake.  The asking price on this one was $1,295,000.

Closed Homes In Village On The Lake – Last six months:  There are three official closed sales in the neighborhood ranging from $625,000 to $812,500 and an off market one that our own brokerage Cooper Jacobs Real Estate also closed on Friday for $775,000.

Here’s the candid scoop and details on those homes that sold in Village On The Lake in the last 6 months: 

1579 Bay View Lane:  4 bedrooms, 4685 square feet finally sold on 5/29/2013 after 133 days on market for $625,000 by a different listing broker after being originally listed by Mary Stewart of Home Trust Real Estate back in December of 2012 for $735,000.  This home has good views of Lily Bay and large square footage.  the floorplan is quite different for the majority of the neighborhood and is an upside down one with many of the bedrooms/living space downstairs.

Village Drive homes

15536 Village Drive:  5 bedrooms PLUS bonus space with a total square footage of 3874, this home’s final sales price was $775,000  sold by Cooper Jacobs Real Estate just this week on 6/28/2013.

1670 Village Park Ln:  closed on 5/15/2013 after being on the market for 44 days.  It had a list price of $749,500 and a final sales price of $715,000. This home is a 4 bedroom with 3466 square feet and on a great street in the neighborhood.

1667 Village Park Lane:  another great house on Village Park Lane, this 5 bedroom 5027 square foot home had previously been an auction home and sold back in September of 2012 for $525,000.  It was purchased and remodeled and put back on the market and originally listed at $975,000 on March 4th of 2012.  The sellers dropped the price down to $849,000 before it sold and a final sales price on 6/20/2013 was $812,500.  Village On The Lake Marina Easement

If you are interested in Village On The Lake or Village On The Lake homes for sale, please get in touch with me.  It is a great neighborhood and I am happy to show you why.  If you are looking for Lake Oswego Realtor, we can help you find your next home or sell the one you are in for top dollar. LO@CooperJacobs.com

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