Emergency Preparedness Fair

Mark you calendars for September 18th, 5:30-7:30pm. The City of Lake Oswego is hosting an emergency preparedness fair. We know that significant events happen. I’ll never forget the ice storm and sub-zero temperatures that hit LO in January of 2024. It was a tough week! This fair will show you how to prepare for earthquakes, floods, winter storms and other disasters. The event is free and will feature approximately 20 information booths, plus programs and activities. It will take place at City Hall, 380 A Avenue. The time to get prepared is now!

Dianne

Market Activity July 21-27, 2025

Here in Lake Oswego, we are having the most glorious summer. Perfect weather with temperatures consistently in the 80’s. We are bound to have a few hot days (around here, that generally anything over about 95 degrees). But, I’ll tell you what, I’m enjoying our climate!

Lake Oswego last week had 16 new listings, 21 pending sales, and 13 closed sales. For RMLS data, see below.

New on the Market July 21-27, 2025

AddressType4BedroomsBathsSq Feet
47 Eagle Crest #59Condo$250,000221024
2051 Bonniebrae DrAttached$399,00021.51008
4401 Thunder Vista LnCondo$444,00022.52002
1589 Boca Ratan DrAttached$599,000321611
2424 Glenmorrie DrDetached$765,000311440
16300 Sunrise CtDetached$899,90032,52338
71 Hidalgo StDetached$1,060,000533918
128 Northshore RdDetached$1,425,000432757
217 5th StDetached$1,425,00032,52172
5552 Kilchurn AveDetached$1,500,00042,53295
16405 Bonaire AveDetached$1,750,000432638
1505 Country Club RdDetached$2,200,00064.56075
1206 Cedar StDetached$2,265,000543885
13733 Knaus RdDetached$2,999,50043.54058
4 Myers LnDetached$4,450,00043.54048
6 Goodall RdDetached$4,895,000445232

Pending Sales July 21-27, 2025

AddressTypePriceBedroomsBathsSq FeetDOM
40 Crestfield CtCondo$224,9001169010
56 Galen StCondo$299,0002298944
4 Touchstone #113Condo$312,0002298426
86 Kingsgate Rd D204Condo$335,0002292461
4308 Botticelli StCondo$425,00033.52285174
4268 Woodside CirAttached$584,000422026166
5189 Coventry CtDetached$799,90032.5193652
4939 Hampton CtDetached$799,90042.52971105
134 Wilbur StDetached$800,00031.510595
13449 Vermeer DrDetached$815,00032.5187727
14067 Chatham CtDetached$925,00032.5246245
4698 Winthrop CtDetached$950,00032.5222039
5790 Ridgetop CtDetached$995,00032.525896
592 9th StDetached$999,00042304658
17356 Bryant RdDetached$1,099,00033313594
893 Cedar RdDetached$1,675,00043.53953425
610 Atwater RdDetached$1,699,00042.5328391
5662 Lakeview BlvdDetached$1,745,000433398123
817 D AveDetached$1,849,00033.5201434
17787 Kelok RdDetached$1,899,00032305961
2112 Ridgewood RdDetached$2,399,00044380075

Sold/Closed July 21-27, 2025

AddressTypeList PriceClosed PriceSq FeetCDOM
3433 McNary Pkwy #804Condo$350,000$326,6211136109
18575 Pilkington RdDetached$420,000$425,00019522
52 Greenridge CtAttached$599,000$500,0002524240
570 2nd St #2Attached$750,000$640,000146455
17243 Fernwood DrDetached$1,050,000$980,000285213
4860 Hastings DrDetached$1,150,000$1,030,000299346
5666 Grand Oaks DrDetached$1,295,000$1,073,000301583
1437 Greentree CirDetached$1,089,000$1,085,000236216
2348 Summit DrDetached$1,450,000$1,325,000291364
2390 Southshore BlvdDetached$1,675,000$1,613,580318319
3080 Westview CirDetached$1,899,000$1,775,000363910
1318 Horseshoe CurveDetached$1,950,000$2,050,000371510
1160 Northshore RdDetached$2,750,000$2,800,000279412

Criteria:Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates
listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to
Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers
to single-family residences with some portion of the structure attached to another property, but
not constituting CONDO ownership. DOM stands for days on market, or the number of days
from when the listing became active and when it received an acceptable offer, with CDOM
standing for “cumulative days on market” accounting for “refreshed” listings

Music in the Parks

It’s summertime in Lake Oswego and that means all kinds of fun things including Farmers’ Market every Saturday which is an awesome mix of local growers, vendors, artisans & music, but did you know about the concerts?

Wednesdays from 7-9 Foothills Park offers music + food vendors events- the next one being “Band After Midnight“, an ABBA Tribute experience on July 30th this week. Also on Wednesdays from 6:30-8:30 in Westlake Park you can bring your blanket or folding chairs to enjoy some music & food vendors on a summer evening…Next one is “Cloverdale” on August 6th.

Sundays from 6-7:30 enjoy music in Millennium Plaza Park! Bring some snacks or enjoy some of the surrounding restaurants’ offerings… the next event being Sunday July 27th with a local favorite…the Boogie Cat himself: Norman Sylvester!

Mark your calendar for the Foothills Park Twilight Show on Saturday August 16th when the Portland Festival Symphony will sweep you away. Enjoy the atmosphere and the food vendors at this special event.

For more information on more scheduled concerts this summer CLICK HERE. ***And make sure to check back for updates!

Market Activity ~ July 14-20, 2025

Last week Lake Oswego had 22 properties enter the market, 19 move to Pending status, and 12 that Closed/Sold. Right now there are 293 homes available ranging from $220,000 to $10,900,000.

Here is the breakdown:

NEW July 14-20, 2025

AddressList PriceBedsBathsSFProp Type
94 CERVANTES CIR / Main$275,00021.1912CONDO
86 KINGSGATE RD, A202$309,00022849CONDO
3826 BOTTICELLI ST #11$324,900221055CONDO
48 EAGLE CREST DR #5E$360,000221443CONDO
18308 PILKINGTON RD$699,000321584DETACHD
2524 ORCHARD HILL PL$774,947321927DETACHD
134 WILBUR ST$800,00031.11059DETACHD
15540 PARTRIDGE DR$829,000432203DETACHD
4181 COBB WAY$837,500432248DETACHD
46 CONDOLEA CT / Grnd$889,000332958CONDO
18395 WOOD THRUSH ST$975,000342554DETACHD
5790 RIDGETOP CT$995,00032.12589DETACHD
15601 MANCHESTER DR$1,085,00053.13302DETACHD
13980 AMBERWOOD CIR$1,099,950422260DETACHD
51 TOUCHSTONE$1,150,00042.13105DETACHD
2485 MARYLSHIRE LN$1,200,00032.12844DETACHD
16181 PARELIUS CIR$1,239,00042.13769DETACHD
13282 DEERFIELD CT$1,295,00042.13115DETACHD
32 INDEPENDENCE AVE$1,300,00043.13277DETACHD
5094 DENTON DR$1,795,00033.13406DETACHD
17096 CHAPIN WAY$2,370,00044.14489DETACHD
2490 SUMMIT DR$3,595,000333049DETACHD

PENDING July 14-20, 2025

AddressList PriceBedsBathsSFProp TypeDays
4258 WOODSIDE CIR$575,000322023ATTACHD63
16 GREENRIDGE CT$584,90032.12019ATTACHD137
18435 TERRY AVE$599,000321521DETACHD95
1042 Yates ST$630,00031.11100DETACHD5
18308 PILKINGTON RD$699,000321584DETACHD2
3475 UPPER DR$750,000331736DETACHD5
18431 INDIAN CREEK DR$800,000421772DETACHD5
800 FAIRWAY RD$899,000322037DETACHD194
676 9TH ST$999,000211982DETACHD5
592 9TH ST$999,000423046DETACHD50
13980 AMBERWOOD CIR$1,099,950422260DETACHD2
17421 BROOKHURST DR$1,249,90054.13756DETACHD94
14135 EDENBERRY DR$1,295,00042.13232DETACHD20
1983 RIDGEWOOD RD$1,495,00055.14961DETACHD47
364 NORTHSHORE RD$1,598,000322066DETACHD37
16250 Reese RD$2,149,90044.13420DETACHD13
1814 HIGHLANDS LOOP$2,490,00044.15635DETACHD332
693 TERRACE DR$2,995,00043.13388DETACHD217
13800 GOODALL RD$3,595,00056.15560DETACHD507

SOLD/CLOSED July 14-20, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
243 CERVANTES / Upper$389,000$387,500221292CONDO12
5877 BONITA RD$549,000$490,000321270DETACHD18
6300 SW SHAKESPEARE ST$569,000$519,500321248DETACHD33
16675 BONAIRE AVE$598,000$562,000311030DETACHD96
939 MCVEY AVE$599,900$615,000321447DETACHD5
38 CHURCHILL DOWNS$919,000$890,000533224DETACHD16
20 HOTSPUR ST$939,900$925,80232.12456DETACHD3
14360 UPLANDS DR$1,595,000$1,535,00043.22940DETACHD26
4062 PFEIFER CT$1,550,000$1,576,00042.13547DETACHD4
5355 ROSALIA WAY$1,625,000$1,650,00053.14147DETACHD4
475 IRON MOUNTAIN BLVD$2,050,000$1,850,00042.23254DETACHD24
15007 TWIN FIR RD$1,925,000$1,925,00043.13100DETACHD10

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings (***We’ve used “Days” in each category for ease of understanding) .

Lake Oswego Reads

Yes, yes, I know. Lake Oswego Reads won’t roll around again until next spring. I am bringing this subject up because I am late to the party this year. The annual, city-wide, reading event has consistently selected great books. Like with Reese or Oprah, if it’s on the LO reads list, you know it’s going to be good.

This year’s pick was “How to Read a Book”, by Monica Wood. The book was loaned to me by one of my walking buddies, and I started it a few days ago. It is just so good! It has a bit of everything. Characters young and old, steadfast and shaky, it’s allowing me to look at life through multiple lenses that stand alone but also mesh together.

This motivated me to re-visit the list of books that have annually been chosen for the last 20 or so years. It’s a great resource for book suggestions. For a complete list, click here.

Now I wish I had been more timely. The LO Reads program lasts an entire month and includes shared discussions, art exhibits, and a presentation by the writer of the book. The book is usually announced in February with the month of events occurring in April. I will be more on-top of my timing in 2026.

But it’s never too late to pick up a good book, and I highly recommend the books suggest by LO Reads.

Dianne

Market Activity July 7-13, 2025

Pending sales were slightly down last week, with just 9. This is likely due to the tendency for folks to vacation with the July 4th holiday. New listings remained strong with 17 properties entering the market. Closed sales very strong with 24 closed sales.

See below for RMLS data.

New Listings July 7-13, 2025

AddressTypePriceBedroomsBathsSq Feet
40 Crestfield CtCondo$224,90011690
45 Eagle Crest Dr #407Condo$259,99921.51056
47 Eagle Crest Dr #13Condo$265,00021932
4459 Thunder Vista LnCondo$375,00022.52000
20 Summit Ridge CtAttached$550,00022.51704
92 Greenridge CtAttached$625,00032.52016
5132 Timbergrove StDetached$729,000421458
39 Walking Woods DrDetached$739,90042.51886
5725 Windfield LoopDetached$760,000321615
676 9th StDetached$999,000211982
101 3rd StCondo$1,259,000321447
1535 Larch StDetached$1,275,108532712
5037 Parkhill StDetached$1,395,00052.53289
168 Pine Valley RdDetached$2,395,00054.55007
251 Stampher RdDetached$2,649,999322360
15400 Diamond Head RdDetached$3,175,00043.53417
5185 Carman DrDetached$3,675,00032.5+.55662

Pending Sales July 7-13, 2025

AddressTypePriceBedroomsBathsSq FeetDOM
56 Galen StCondo$299,0002298928
16675 Bonaire AveDetached$575,00031103096
12420 Orchard Hill RdDetached$699,90032162668
17756 Westview DrDetached$849,90042.5283087
15 Cellini CtDetached$849,90043313137
2927 Tolkien LnDetached$1,299,00042.5283823
2308 Summit DrDetached$1,299,90052.5298127
16006 Kimball StDetached$1,425,00043264314
16176 Matthew CtDetached$1,795,00042.5347429

Closed/Sold July 7-13, 2025

AddressTypeList PriceClosed PriceSq FeetCDOM
45 Eagle Crest Dr #311Condo$255,900$260,000104610
5225 Jean Rd #208Condo$387,500$387,500110016
5057 Foothills Dr GCondo$425,000$417,000125211
1212 Laurel St #9Detached$678,000$610,0001644269
18495 Terry AveDetached$725,000$705,000152943
71 Kingsgate RdDetached$749,000$710,000172725
5376 Rosewood StAttached$749,000$720,0002483327
524 2nd StAttached$750,000$740,000154734
2235 Hillside DrDetached$730,000$769,55021175
1716 Aspen CtDetached$774,000$774,00015425
835 Clara CtDetached$829,000$814,00023621
89 Tanglewood DrDetached$789,000$815,00025851
1565 Meadows DrDetached$849,000$819,000250818
16901 Lakeridge DrDetached$899,000$899,00021833
4360 Upper DrDetached$1,300,000$1,054,500260076
1571 Bay View LnDetached$1,075,000$1,070,000285415
1209 Lake Garden CtDetached$1,275,000$1,251,00034288
5104 Hastings CtDetached$1,389,000$1,289,000320741
152 4th StDetached$1,290,000$1,315,00019005
19056 Megan PlDetached$1,349,000$1,359,000393823
630 9th StDetached$1,550,000$1,595,00026832
725 E AveDetached$2,045,000$1,995,000347644
2070 Ridge Pointe DrDetached$2,250,000$2,085,000560040
801 7th StDetached$3,450,000$3,000,000471963

Criteria:Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Portland Area June 2025 Stats + LO

Here is your look at the greater Portland area calculated for the previous month with Lake Oswego broken out at the bottom. ***Be sure to check out the Neighborhoods Report below which categorizes into smaller pieces.

Buyers and Sellers are out there doing their thing…just nothing dramatic to report as far as changes from last year or the previous month go. Generally speaking activity is up from last June and down from the month prior. The biggest data point that stands out is the big drop in New Listings from May, but most people aiming for listing their home in spring have already done so, so that makes sense. Now we move into the summer market which is different from spring as people readjust to summer schedules & head out on vacation. Prices are up & down all across metro, but basically not moving by all that much. Inventory continues to rise & summer listings are coming!

Rates:  “ ‘Tariff Talk’ continues to weigh heavily on the markets. Right now rates are in the mid 6% range. Gary Boyer, Senior Mortgage Specialist, Directors Mortgage

According to the RMLS Market Action Report for the Portland Metro Area June 2025:

  • There were 3,096 New Listings in June which increased a slight 1.7% from the 3,044 in June 2024, and decreased a whopping 15.2% from the 3,651 in the previous month/May.
  • At 1,988 June 2025’s Closed Sales (Solds) are down 4.5% from June 2024’s 2,081 and down 1.5% from the previous month’s total of 2,018.
  • At 2,267 June’s Pending Sales (Accepted Offers) are up 2.3% from June 2024’s 2,217, and up a are also down 1.4% from the previous month/May’s total of 2,299.
  • The Average Sale Price for June 2025 of, $634,400 is down $1,800. from last year/June 2024’s $636,200, and up $10,300 from the p­­revious month/May’s $624,100. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in June 2025 of $570,000 is up $5,000 from June 2024’s $565,000, & basically the same/up $500 from the previous month’s $569,500.    

LAKE OSWEGO: (Month of June ’25)

442 Active Listings (May 411)
176 New Listings  (May 216)
129 Pending Sales (May 110)
94 Closed Sales  (May 108)
Average Sale Price for May: $1,023,600 (May $941,700)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
69 Days on the Market   (May 60)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ June 30-July 6, 2025

Last week Lake Oswego welcomed 8 properties to the marketplace, with 19 homes moving to Pending status and 10 that Closed/Sold. Right now there are 301 homes available ranging from $220,000 to $10,900,000.

Here is the breakdown:

NEW June 30-July 6, 2025

AddressList PriceBedsBathsSFProp Type
128 OSWEGO SUMMIT / Upper$265,000221140CONDO
344 CERVANTES CIR / Grnd$299,90021.1912CONDO
4463 THUNDER VISTA LN$400,00022.12000CONDO
18575 PILKINGTON RD$420,000321952DETACHD
628 1ST ST$849,90022.11776ATTACHD
674 LIVINGOOD LN$949,95042.12714DETACHD
16250 Reese RD$2,149,90044.13420DETACHD
18 Nansen Summit$2,995,00054.15640DETACHD

PENDING June 30-July 6, 2025

AddressList PriceBedsBathsSFProp TypeDays
44 EAGLE CREST DR #19$209,00021908CONDO59
18575 PILKINGTON RD$420,000321952DETACHD2
2 ICARUS LOOP$599,000321887DETACHD14
5364 ROSEWOOD ST$754,80042.11936DETACHD40
13449 VERMEER DR$815,00032.11877DETACHD7
5670 CHILDS RD$839,00042.12298DETACHD85
816 5TH ST$849,500322294DETACHD43
1 BERNINI CT$899,00043.13697DETACHD262
128 DEL PRADO ST$900,000433511DETACHD6
674 LIVINGOOD LN$949,95042.12714DETACHD3
5666 GRAND OAKS DR$1,095,00042.13015DETACHD83
16909 CRESTVIEW DR$1,099,900432553DETACHD4
14479 PFEIFER DR$1,100,000433366DETACHD4
542 4TH ST$1,625,00044.23510ATTACHD13
785 3RD ST$1,750,00042.13010DETACHD60
4720 FIRWOOD RD$1,995,000433608DETACHD5
16650 FIR LN$2,275,00043.13859DETACHD47
1160 NORTHSHORE RD$2,750,00022.12794DETACHD12
13962 KNAUS RD$4,795,00054.25404DETACHD234

SOLD/CLOSED June 30-July 6, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
196 CERVANTES$375,000$375,00021.11555CONDO18
17855 DEERBRUSH AVE$810,000$500,000431821DETACHD45
9 EAGLE CREST DR$595,000$577,000321464DETACHD12
18344 TERRY AVE$610,000$615,675311188DETACHD5
19230 REDWING CT$735,000$749,50042.11842DETACHD34
1871 KILKENNY DR$950,000$870,00052.13086DETACHD60
17766 TREE TOP LN$1,095,000$1,050,00042.12761DETACHD3
3305 RIVER WOODS PL$1,250,000$1,135,00033.14498DETACHD27
5770 DOGWOOD DR$1,645,000$1,525,000333218DETACHD8
14494 UPLANDS DR$2,095,000$2,050,00054.14947DETACHD0

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings (***We’ve used “Days” in each category for ease of understanding) .

Market Activity June 23-29, 2025

Lake Oswego had a grand celebration of Independence Day yesterday, with parades fireworks, and all of the traditional festivities. Today, Linda and I are back at work.

Last week in Lake Oswego there were 12 new listings, 14 pending sales, and 17 closed sales.

See below for RMLS data.

New on the Market June 23-29, 2025

AddressTypePriceBedroomsBathsSq Feet
4 Touchstone #79Condo$275,00022984
4 Touchstone #113Condo$312,00022984
16244 Kimball StDetached$698,000321776
3263 Tempest DrDetached$960,00042.52827
2 NansenDetached$1,100,00042.52726
14135 Edenberry DrDetached$1,295,00042.53232
16006 KimballDetached$1,425,000432643
16158 Parker RdDetached$1,595,00032.52777
860 Skyland DrDetached$1,899,000433527
4720 Firwood RdDetached$1,995,000433608
16508 Bonaire AveDetached$2,195,00043.5+.53183
15370 Twin Fir RdDetached$2,688,00054.53683

Pending Sales June 23-29, 2025

AddressTypePriceBedroomsBathsSq FeetDOM
17 Crestfield Ct 317Condo$245,0002192353
3433 McNary Pkwy #804Condo$335,00022.51136129
48 Eagle Crest DR 4ACondo$440,00022148938
21 Bloch TerAttached$549,00032.519728
14316 Holly Springs RdDetached$699,90032.5132531
5376 Rosewood StAttached$739,00032.52483265
11 El Greco StDetached$998,00042.5+.5260967
4860 Hastings DrDetached$1,050,00042.5299346
17833 Marylcreek DrDetached$1,598,00054.5549581
2390 Southshore BlvdDetached$1,675,0003331835
1865 Palisades Lake CtDetached$1,795,00053.5389012
15007 Twin Fir RdDetached$1,925,00043.5310010
13740 Fielding RdDetached$2,925,00054.5447141
801 7th StDetached$3,295,00044.5471963

Sold/Closed June 23-29, 2025

AddressTypeList PriceClosed PriceSq FeetCDOM
44 Eagle Crest Dr #5Condo$270,000$195,000908111
45 Eagle Crest Dr #322Condo$274,900$274,9002
4053 Jefferson PkwyCondo$325,000$300,0001462115
4 Touchstone #101Condo$399,000$359,000145698
18541 Waxwing WayDetached$725,000$630,00020480
762 9th StDetached$1,098$942,5001251313
3231 Duncan DrDetached$1,050$975,000300546
21 Nansen SummitDetached$999,999$985,000410519
13885 Provincial Hill DrDetached$1,095,000$995,000297031
3802 Southshore BlvdDetached$1,200,000$1,115,000201757
23 Masaryk StDetached$1,175,000$1,175,000290219
922 E AveDetached$1,395,000$1,180,000179394
18103 Westminster DrDetached$1,199,000$1,200,00033445
496 8th StDetached$1,299,900$1,272,00028996
2757 Rivendell RdDetached$1,548,000$1,425,0003983119
635 Iron Mountain BlvdDetached$2,998,000$2,900,00048300
920 Westpoiont RdDetached$6,250,000$4,500,0006337463

Criteria:Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.