Hi Angie - you picked another amazing home to ask about! I answered your question about this school district when I responded to your posting about the home on Cheryl in Lake Oswego.
This home on Poplar Way is new construction built in 2006 and sits on almost an acre - it doesn't appear this has ever been occupied. It originally went up for sale in June of 2006 for $2.5 million. Over the past 2 1/2 years, the price has fluctuated - even went up in price for awhile - and then came back down to the current price of $1,995,000 in October.
As far a "wiggle room" in new homes in the area - I just ran a search for homes priced between $1 millon and $5 million that have sold in Lake Oswego in the past 6 months - there were 27. The average list price was $1,579,089, and the average sale price was $1,490,278.....that's less than a $90,000 difference in the listing and sale prices. It shows a little "wiggle" room - but realistically not as much as I'm seeing in other areas of town. Lake Oswego is still holding ground on it's values better than most areas - according to the most recent RMLS Market Action report - Lake Oswego's values are up approximately 3.6% over last year. It's one of the few areas showing an increase. It's a wonderful community and a great place to own a home from an investment standpoint.
Again - I hope that answered your questions and just let me know if you'd like to take a look.
Real Estate Broker & Residential/Commercial Loan Officer
Commonwealth Group & Sunset Mortgage Co.