Not long after I bought my home in Palisades, we were awoken in the middle of the night by an explosion downstairs in the tuck-under garage…the boiler for the radiant heat system had reached the end of it’s life, but we had no idea what had happened. We were terrified, of course, and so grateful to open the door only a few minutes into the ordeal to several dashing Lake Oswego firefighters from the South Shore station who resolved the issue with aplomb.
Lake Oswego is protected by four fire stations covering various sections of the the town. The South Shore station is the oldest, having been built in 1971. The city has been looking into renovation options and it has been determined that replacing the existing structure is the best option for structural and safety reasons.
Come meet your local firefighters and take a tour of the existing South Shore Fire Station before it’s transformed! They’re holding an Open House on April 18th between 1 & 3PM. 1880 South Shore Blvd, Lake Oswego. Learn more about the project: HERE.
Last week Lake Oswego saw 22 properties enter the market, 19 move to Pending status, and 13 that Closed/Sold. Right now there are 214 homes available ranging from $220,000 to $8,900,000.
Here is the breakdown:
NEW March 16-22, 2026
Address
List Price
Beds
Baths
SF
Prop Type
66 OSWEGO / Grnd Lvl
$220,000
1
1
764
CONDO
4 TOUCHSTONE #150
$230,000
2
2
984
CONDO
45 EAGLE CREST DR #311
$275,000
2
2
1046
CONDO
17 BRITTEN CT
$589,900
3
2.1
1972
ATTACHD
5696 WINDFIELD LOOP
$625,000
2
2
1325
DETACHD
19135 RED WING CT
$675,000
4
2
1326
DETACHD
13340 AUBURN CT
$749,500
3
2.1
2306
ATTACHD
121 WILBUR ST
$875,000
3
2
1631
CONDO
12647 SW 21ST CT
$969,900
5
2.1
3192
DETACHD
21 DEL PRADO ST
$974,500
4
3
3517
DETACHD
17511 ERIN CT
$989,900
4
3
3162
DETACHD
4361 ALBERT CIR
$999,000
4
2.1
2227
DETACHD
2912 ORCHARD HILL PL
$1,050,000
5
4
3636
DETACHD
2 ESSEX CT
$1,088,000
4
3
2849
DETACHD
1464 GREENTREE CIR
$1,119,000
4
3
2264
DETACHD
2831 VALE CT
$1,199,900
5
3
3219
DETACHD
221 6TH ST
$1,200,000
3
2
1508
DETACHD
611 RIDGEWAY RD
$2,165,000
4
5.1
4890
DETACHD
1000 FOREST MEADOWS WAY
$2,250,000
4
4
4699
DETACHD
2628 GLENMORRIE DR
$2,475,000
4
3
3112
DETACHD
3525 LAKE GROVE AVE
$3,600,000
4
3.1
5007
DETACHD
3537 LAKE GROVE AVE
$3,800,000
4
4.2
5036
DETACHD
PENDING March 16-22, 2026
Address
List Price
Beds
Baths
SF
Prop Type
Days
3814 BOTTICELLI ST
$307,000
2
2
1055
CONDO
129
61 CHURCH ST
$365,000
2
2
1040
CONDO
20
5059 FOOTHILLS DR, E
$429,800
2
2
991
CONDO
22
436 5TH ST
$629,000
2
1.1
1096
CONDO
201
19135 RED WING CT
$675,000
4
2
1326
DETACHD
3
5966 FROST LN
$719,900
4
2.1
2036
DETACHD
55
6050 FERNBROOK ST
$759,900
4
2
1546
DETACHD
125
1721 HIGHLAND DR
$825,000
4
2.1
2397
DETACHD
78
344 4TH ST
$850,000
2
2.1
1731
ATTACHD
4
121 WILBUR ST
$875,000
3
2
1631
CONDO
2
1269 ROCKINGHORSE LN
$899,000
3
2.1
2939
DETACHD
139
17511 ERIN CT
$989,900
4
3
3162
DETACHD
1
3853 CARMAN DR
$999,000
3
2.1
2531
DETACHD
352
1464 GREENTREE CIR
$1,119,000
4
3
2264
DETACHD
2
4077 BUCK BRUSH LN
$1,170,000
4
3
3710
DETACHD
5
5407 BAY CREEK DR
$1,250,000
5
2.1
3308
DETACHD
26
14030 EDENBERRY CT
$1,675,000
5
3.1
4025
DETACHD
4
72 NANSEN SUMMIT
$1,699,000
4
2.1
4485
DETACHD
55
16840 ALDER CIR
$5,995,000
5
4.1
4689
DETACHD
21
CLOSED/SOLD March 16-22, 2026
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
45 EAGLE CREST DR #219
$289,900
$215,000
3
2
1646
CONDO
593
4000 CARMAN DR, A17
$365,000
$365,000
2
2
1100
CONDO
3
420 S STATE ST
$449,000
$399,000
2
1
1659
CONDO
242
111 KINGSGATE RD
$535,000
$535,000
3
2
1548
DETACHD
5
1708 CONIFER DR
$599,000
$593,000
3
2
1657
DETACHD
13
5093 SW GALEN ST
$653,000
$615,000
2
2
1526
DETACHD
188
4963 SUNTREE LN
$749,900
$660,000
2
2.1
1861
DETACHD
126
5271 CHINOOK CT
$699,900
$710,000
3
2
1390
DETACHD
1
15540 PARTRIDGE DR
$829,000
$725,000
4
3
2203
DETACHD
212
1604 COUNTRY CLUB RD
$1,150,000
$825,000
4
3.1
3878
DETACHD
162
17738 KELOK RD
$1,100,000
$931,200
5
3
2879
DETACHD
16
5834 RIDGETOP CT
$1,148,900
$1,140,000
4
2.1
3376
DETACHD
6
13768 KNAUS RD
$1,475,000
$1,700,000
4
2
2418
DETACHD
3
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).
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 areas of the metro into smaller pieces.
What a difference a month makes. February data shows more Buyer activity than in the last 3 years. This influx of Buyers is evening out sale prices. The steep drop from December to January seems to have leveled out, with prices now looking more in the range of December’s. That said, some areas such as Hillsboro, NW Washington County and North Portland are seeing increases in price around $40,000 over December. **A note on Lake Oswego- You’ll see that the Average Sale Price also took quite a dip, but, as I always try to point out, with such a wide range of price options in Lake Oswego (Pight now between $185,000 and $8,500,000) there is no way to determine anything of value from the way the Average Price breaks down on a month by month basis (see Neighborhoods Report below). Sellers can expect relief from what has been the steadily-increasing Time on Market as well.
Rates: “Inflation concerns stemming from the Iran conflict are pushing rates back over 6%.” Gary Boyer, Certified Mortgage Planner, Premier Mortgage Resources
There were 2,260 New Listings in February which increased 17.1% from the 1,930 in Feb 2025, & increased 17.1% from the 2,109 in the previous month/Jan.
At 1,405 February 2026’s Closed Sales (Solds) are down 1.6% from Feb 2025’s 1,428, and increased a substantial 26.5% from the previous month’s total of 1,111.
At 1,821 February’s Pending Sales (Accepted Offers) are up 10.5% from Feb 2025’s 1,648, and up a 6.6% from the previous month/January’s total of 1,708 Accepted Offers.
The Average Sale Price for February 2026 of, $590,600 is down $22,500. from last year/February 2025’s $613,100, and up $22,600 from the previous month/Jan’s $568,000.
The “Median Sale Price” (the price smack dab in the middle of all sales) in February 2026 of $525,000 is down $13,300 from February 2025’s $538,300, & up $15,000 from the previous month’s $510,000.
LAKE OSWEGO: (Month of February ’26)
306 Active Listings (Jan 293) 144 New Listings (Jan 128) 112 Pending Sales (Jan 80) 72 Closed Sales (Jan 49) Average Sale Price for February: $960,100 (Jan $1,147,200) 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. 96 Days on the Market (Jan 140)
Last week Lake Oswego saw 16 properties enter the market, 16 move to Pending status, and 12 that Closerd/Sold. Right now there are 214 properties available in Lake Oswego ranging from $185,000 to $8,900,000.
Here’s the breakdown:
NEW March 2-8, 2026
Address
List Price
Beds
Baths
SF
Prop Type
5063 SW FOOTHILLS DR, F
$459,900
2
2
991
CONDO
18 WHEATHERSTONE
$495,000
3
2.1
1692
CONDO
1490 HALLINAN ST
$565,000
3
1.1
1196
DETACHD
4520 LOWER DR
$615,000
3
2.1
1750
ATTACHD
17928 ROYAL CT
$655,000
3
2
1272
DETACHD
639 1ST ST
$725,000
2
2.1
1391
ATTACHD
344 4TH ST
$850,000
2
2.1
1731
ATTACHD
17821 SUNDOWN CT
$950,000
4
2.1
3368
DETACHD
535 2ND ST / Ground Lvl
$974,900
2
2
1025
CONDO
16038 REESE RD
$1,075,000
4
3
3189
DETACHD
12624 SW 22ND AVE
$1,100,000
4
3.1
3862
DETACHD
4077 BUCK BRUSH LN
$1,170,000
4
3
3710
DETACHD
15200 LILY BAY CT
$1,350,000
3
2.1
3260
DETACHD
2484 MARYLSHIRE LN
$1,350,000
4
3.1
4005
DETACHD
1200 FAIRWAY RD
$2,500,000
5
3.1
5021
DETACHD
2147 GLENMORRIE LN
$3,695,000
5
5.1
6234
DETACHD
PENDING March 2-8, 2026
Address
List Price
Beds
Baths
SF
Prop Type
Days
750 1ST ST, E31
$200,000
1
1
902
CONDO
33
45 EAGLE CREST DR #219
$234,900
3
2
1646
CONDO
593
218 CERVANTES, B
$305,000
2
1
1320
CONDO
147
19138 PILKINGTON RD
$595,000
3
1.1
1086
DETACHD
16
100 LEONARD ST #3-2
$650,000
3
2
1736
CONDO
10
6300 SHAKESPEARE ST
$685,000
3
2
1248
DETACHD
114
1471 GREENTREE CIR
$899,000
4
2.1
2128
DETACHD
12
9 BERNINI CT
$910,000
3
2.1
3166
DETACHD
21
2 NANSEN SUMMIT
$950,000
4
2.1
2726
DETACHD
249
15915 WALUGA DR
$1,149,000
3
2.1
2939
DETACHD
6
13282 DEERFIELD CT
$1,150,000
4
2.1
3115
DETACHD
3
17920 MEADOWLARK LN
$1,295,000
3
2.1
2758
DETACHD
15
5094 DENTON DR
$1,599,000
4
3.1
3406
DETACHD
200
1093 TYNDALL CT
$1,695,000
4
3.1
4547
DETACHD
514
18977 BARTON RD
$1,799,000
5
3.2
5076
DETACHD
13
17700 UPPER CHERRY LN
$4,799,000
5
6.1
7189
DETACHD
21
CLOSED/SOLD March 2-8, 2026
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
57 GREENRIDGE CT
$475,000
$455,000
2
2
1314
ATTACHD
38
5399 W SUNSET DR
$575,000
$570,000
3
1
1064
DETACHD
3
5189 ROSEWOOD ST
$699,950
$655,000
3
2.1
1544
DETACHD
287
6096 HARRINGTON AVE
$665,000
$660,000
3
2
1153
DETACHD
25
19176 BENFIELD AVE
$799,000
$826,000
3
2
1560
DETACHD
4
2704 ORCHARD HILL LN
$877,700
$877,700
5
3
3177
DETACHD
11
4023 MELISSA DR
$1,100,000
$1,025,000
4
2.1
2754
DETACHD
260
17623 BROOKHURST DR
$1,495,000
$1,410,000
4
3.2
3844
DETACHD
10
707 1st ST
$1,799,000
$1,640,000
3
3
3200
CONDO
16
16508 BONAIRE AVE
$2,195,000
$2,075,000
4
3.2
3183
DETACHD
217
2151 CREST DR
$2,950,000
$2,300,000
4
3.1
4358
DETACHD
230
1040 NORTHSHORE RD
$4,500,000
$4,500,000
4
2.1
3323
DETACHD
0
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) .
You can enjoy festivities with Chinese Food, Arts & Crafts, Floral Arrangement Demonstrations, Drumming, Dance Performances, Musical Performances and a Lion Dance! Kids can decorate Red Envelopes & learn traditional ways to fold a dumpling. So much fun!
Head on over to Lakeridge High School from noon till 3:30 PM on Saturday, 2/28 and celebrate!
There is also a live stream of the events HERE starting at 2PM All this brought to you by the Lake Oswego Public Library!
Last week we had another influx of properties to the market. There were 22 New properties, 19 that moved to Pending status and 6 that Closed/Sold. Usually we have several that are what we call “refreshed” Listings (recently given a new ML# & re-posted), but last week there was just one out of 22, so lots of people who’ve been holding off are now deciding to move forward. One property at 767 10th Ave seems to have been listed on Jan 28th, but it’s data never loaded onto any reports & it’s showing up as New this week, so we are including it. Right now there are 204 properties available ranging from $179,500 to $8,900,000.
Here’s the breakdown:
NEW Feb 16-22, 2026
Address
List Price
Beds
Baths
SF
Prop Type
4619 LAKEVIEW BLVD / Main
$249,900
1
1
753
CONDO
47 EAGLE CREST DR #49
$249,950
2
1
932
CONDO
5064 FOOTHILLS DR #23G
$425,000
2
2
1252
CONDO
111 KINGSGATE RD
$535,000
3
2
1548
DETACHD
19138 PILKINGTON RD
$595,000
3
1.1
1086
DETACHD
3497 DEVONSHIRE DR
$650,000
3
2
1556
ATTACHD
3 Oriole LN
$700,000
3
2.1
2128
DETACHD
16444 BONAIRE AVE
$759,900
3
2
1392
DETACHD
1471 GREENTREE CIR
$899,000
4
2.1
2128
DETACHD
13276 DEERFIELD CT
$1,275,000
4
2.1
3066
DETACHD
17920 MEADOWLARK LN
$1,295,000
3
2.1
2758
DETACHD
5407 BAY CREEK DR
$1,300,000
5
2.1
3308
DETACHD
4707 AVERY LN
$1,395,000
5
2.1
3093
DETACHD
860 SKYLAND DR
$1,759,900
4
3
3527
DETACHD
15986 PARKER RD
$1,790,000
4
3.1
3287
DETACHD
18977 BARTON RD
$1,799,000
5
3.2
5076
DETACHD
1190 BAYBERRY RD
$1,875,000
5
3.1
3160
DETACHD
767 10TH ST
$1,988,000
4
4.1
4244
DETACHD
1115 LARCH ST
$1,995,000
4
3.1
3526
DETACHD
2764 GLEN HAVEN RD
$2,399,900
4
4
3817
DETACHD
1849 CLOVERLEAF RD
$2,400,000
5
4.1
4186
DETACHD
21 D AVE #14
$2,575,000
2
2.1
2246
CONDO
6096 CARMAN DR
$2,795,000
5
5.1
4862
DETACHD
1870 EGAN WAY
$3,695,000
4
4.1
4644
DETACHD
PENDING Feb 16-22, 2026
Address
List Price
Beds
Baths
SF
Prop Type
Days
3101 MCNARY PKWY #11
$325,000
3
2.1
1992
ATTACHD
34
4463 THUNDER VISTA LN
$369,000
2
2.1
2000
CONDO
228
420 S STATE ST
$399,000
2
1
1659
CONDO
242
1764 BONNIEBRAE DR
$595,000
3
2.1
1893
ATTACHD
25
19060 Terry AVE
$600,000
3
2
1214
DETACHD
73
5093 SW GALEN ST
$635,000
2
2
1526
DETACHD
188
18914 LONGFELLOW AVE
$635,000
3
1.1
1232
DETACHD
4
3497 DEVONSHIRE DR
$650,000
3
2
1556
ATTACHD
2
4963 SUNTREE LN
$675,000
2
2.1
1861
DETACHD
126
15540 PARTRIDGE DR
$735,000
4
3
2203
DETACHD
212
19176 BENFIELD AVE
$799,000
3
2
1560
DETACHD
4
18434 SANDPIPER CIR
$879,000
4
2.1
1849
DETACHD
101
9 BERNINI CT
$910,000
3
2.1
3166
DETACHD
4
17738 KELOK RD
$975,000
5
3
2879
DETACHD
16
5834 RIDGETOP CT
$1,148,900
4
2.1
3376
DETACHD
6
17514 BROOKHURST DR
$1,249,900
4
2.1
3521
DETACHD
259
2825 DELLWOOD DR
$1,695,000
4
3.1
3535
DETACHD
22
21 D AVE #14
$2,575,000
2
2.1
2246
CONDO
0
13197 THOMA RD
$2,695,000
4
3
3560
DETACHD
12
CLOSED/SOLD
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
5300 COVENTRY CT
$749,000
$750,000
3
2.1
2232
DETACHD
3
1280 Oak TER
$775,000
$765,000
3
2
1685
DETACHD
13
5530 BAY CREEK DR
$990,000
$965,000
4
2.1
2922
DETACHD
11
12723 ADRIAN CT
$1,275,000
$1,090,000
4
3
3271
DETACHD
210
5239 MADRONA ST
$1,199,000
$1,150,000
3
3
2881
DETACHD
4
1849 CLOVERLEAF RD
$2,400,000
$2,316,000
5
4.1
4186
DETACHD
0
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) .
Happy February! 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 areas of the metro into smaller pieces.
Well…there is a lot happening here. In the overall Portland area, January prices dropped by similar amounts to how much they rose last year at the same time…up then $28,000 & now down $35,000 from the years prior (Jan 2024 & 2025), and up then $22,000 to down now $28,000 from the months prior (Dec 2024 & Dec 2025). So, prices are stabilizing from the highs of 2025 and the number of New Listings just rose an incredible 109.9% from December. Plenty of newness in the Portland area! I believe a lot of people took their homes off the market during the holidays and are putting them back on now, and from the 38.4% rise in Pending sales from Dec’25 to Jan ‘26 it appears Buyers are out taking advantage of the exciting trends in 2026. This is great news for both Buyers and Sellers. Expect a busy Spring.
***Lake Oswego is one of the few areas of exception with steadily increasing home values over the last 3 months.
Rates: “Muted inflation numbers are helping the bond markets. Fixed rates are in the upper 5% range currently.” Gary Boyer, Certified Mortgage Planner, Premier Mortgage Resources
There were 2,109 New Listings in January which decreased 4.4% from the 2,205 in Jan 2025, & increased an unheard-of 109.9% from the 1,005 in the previous month/Dec.
At 1,111 January 2026’s Closed Sales (Solds) are down 8.4% from Jan 2025’s 1,213, and down 32.0% from the previous month’s total of 1,633.
At 1,708 January’s Pending Sales (Accepted Offers) are down 0.6% from Jan 2025’s 1,326, and up a substantial 38.4% from the previous month/December’s total of 1,234 Accepted Offers.
The Average Sale Price for January 2026 of, $568,000 is down $32,300. from last year /January 2025’s $600,300, and down $28,400 from the previous month/Dec’s $596,400.
The “Median Sale Price” (the price smack dab in the middle of all sales) in January 2026 of $510,000 is down $27,000 from January 2025’s $537,000, & down $25,000 from the previous month’s $535,000.
LAKE OSWEGO: (Month of January ’26)
293 Active Listings (Dec 259) 128 New Listings (Dec 42) 80 Pending Sales (Dec 53) 49 Closed Sales (Dec 81) Average Sale Price for January: $1,147,200 (Dec $1,110,300) 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. 140 Days on the Market (Dec 102)
The data listed above is as reported by the Regional Multiple Listing Service (RMLS)
Last week, Lake Oswego saw 13 properties enter the market, 17 move to Pending status, and 13 that Closed/Sold. Right now there are 204 properties available ranging from $179,500 to $8,900,000.
Here’s the breakdown~
NEW Feb 2-8, 2026
Address
List Price
Beds
Baths
SF
Prop Type
4405 THUNDER VISTA LN
$320,000
2
2.1
2002
CONDO
4000 CARMAN DR, A17
$365,000
2
2
1100
CONDO
16250 PACIFIC HWY #69
$499,995
2
2
1328
CONDO
5399 W SUNSET DR
$575,000
3
1
1064
DETACHD
580 2ND ST
$850,000
2
1.2
1464
CONDO
808 3 ST, C2
$869,000
2
2.1
999
DETACHD
801 3rd ST
$949,900
3
2.1
1589
DETACHD
17973 SAINT CLAIR DR
$975,000
4
3
3323
DETACHD
668 MCVEY AVE #12
$998,000
3
1.1
992
CONDO
17738 KELOK RD
$1,100,000
5
3
2879
DETACHD
49 BRIARWOOD RD
$1,650,000
3
2.1
3074
DETACHD
815 E AVE
$2,095,000
3
3.1
2946
DETACHD
2600 SUMMIT DR
$6,900,000
4
3.1
4864
DETACHD
PENDING Feb 2-8, 2026
Address
List Price
Beds
Baths
SF
Prop Type
Days
81 OSWEGO SUMMIT
$235,000
1
1
764
CONDO
19
344 CERVANTES CIR
$248,800
2
1.1
912
CONDO
58
4000 CARMAN DR, A17
$365,000
2
2
1100
CONDO
3
1708 CONIFER DR
$599,000
3
2
1657
DETACHD
13
5189 ROSEWOOD ST
$665,000
3
2.1
1544
DETACHD
287
39 NOVA CT
$715,000
4
2.1
2457
DETACHD
5
2164 SUMMIT DR
$849,900
3
2
2004
DETACHD
4
808 3 ST, C2
$869,000
2
2.1
999
DETACHD
0
6290 CARMAN DR
$899,000
4
1.1
1828
DETACHD
560
1604 COUNTRY CLUB RD
$949,900
4
3.1
3878
DETACHD
162
5530 BAY CREEK DR
$990,000
4
2.1
2922
DETACHD
11
17349 BANYAN LN
$1,149,000
4
3
2866
DETACHD
23
12 HIDALGO ST
$1,335,000
4
3
2784
DETACHD
225
17623 BROOKHURST DR
$1,495,000
4
3.2
3844
DETACHD
10
707 1st ST
$1,799,000
3
3
3200
CONDO
16
530 4th ST #9
$2,100,188
2
2.1
1859
CONDO
49
4401 COBB WAY
$2,149,900
4
4
3289
DETACHD
60
CLOSED/SOLD Feb 2-8, 2026
Address
Opening
Closed
Beds
Baths
SF
Prop Type
Days
88 OSWEGO SMT / Main
$205,000
$200,000
1
1
764
CONDO
7
86 KINGSGATE RD #22
$299,900
$262,000
2
2
924
CONDO
120
6375 SW DAWN ST
$625,000
$480,000
3
2.1
2080
DETACHD
61
4520 TRILLIUM WOODS
$875,000
$744,000
3
2.1
1992
ATTACHD
238
6244 FROST LN
$869,900
$794,500
4
3.1
2304
DETACHD
79
1951 GREENTREE RD
$1,099,995
$900,000
3
3
2509
DETACHD
375
2703 GLEN EAGLES RD
$1,095,000
$945,000
3
2
1554
DETACHD
98
2255 GLEN HAVEN RD
$1,125,000
$1,028,000
3
3
2814
DETACHD
86
13920 SHIREVA DR
$1,395,000
$1,091,000
5
3
3212
DETACHD
210
1685 FERNWOOD DR
$1,399,900
$1,375,000
5
3
2630
DETACHD
2
4201 HAVEN ST
$1,399,950
$1,450,000
4
4
2730
DETACHD
1
17367 CANAL CIR
$2,300,000
$1,950,000
3
3.1
2551
DETACHD
225
2820 DELLWOOD DR
$2,550,000
$2,561,383
5
4.1
4162
DETACHD
0
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) .
Once a year we get these insights! Here is your look at the greater Portland area calculated for the previous month, and at this time of year, we get year-end info with Lake Oswego broken out at the bottom (Comparisons to Nov & 2024 year-end). ***Be sure to check out the Neighborhoods Report below which categorizes into smaller pieces all over the metro & compares Nov to Dec as well as year-end 2024 to 2025 in each area.
Overview/Fluctuations ~ December 2025/Year-End Market Data
New Listings and Pending sales over the whole metro area are down from last year at this time, while Closed Sales rose by 6.5%. Average Sale Price is up overall, whereas it’s both up & down in various areas. North Portland is down notably from last year at this time and NW Washington County also saw a significant drop in price. Hillsboro and Forest Grove areas also took dips. Inventory is up slightly from last year at this time and down significantly from November. See Neighborhoods Report below. While rates have been recently dipping into the upper 5’s they are currently in the low 6% range amid uncertain world events and the related effect on markets.
Lake Oswego: As mentioned below, it is more difficult to draw generalized conclusions on Lake Oswego because of the huge range of prices, ie all the way from $150,000 condos to $11,000,000 Lakeside Properties~ but we can see that Average Sale Price rose a bit and Closed sales decreased from Dec 2024 to Dec 2025. The mid-way (Median) sale price in 2025 in Lake Oswego was $850,000 as compared to Dec 2024 where it was $831,000, so not much change there. Days on the Market is approx the same as well.
Rates: “After a highly volatile week from concerns about a trade war erupting with Europe, markets are calming down. Rates are in the low 6% range.” Gary Boyer, Certified Mortgage Planner, Premier Mortgage Resources
There were 1,005 New Listings in December which decreased 5.9% from the 1,068 in Dec 2024, & decreased a whopping 30.1% from the 1,437 in the previous month/Nov.
At 1,633 December 2025’s Closed Sales (Solds) are up 6.5% from Dec 2024’s 1,534, and down 26.4% from the previous month’s total of 1,520.
At 1,234 December’s Pending Sales (Accepted Offers) are down 6.9% from Dec 2024’s 1,326, and down a substantial 24.2% from the previous month/November’s total of 1,628 Accepted Offers.
The Average Sale Price for December 2025 of, $596,400 is up $18,100. from last year /December 2024’s $578,300, and down $3,300 from the previous month/Nov’s $599,700.
The “Median Sale Price” (the price smack dab in the middle of all sales) in December 2025 of $535,000 is up $10,000 from December 2024’s $525,000, & unmoved from the previous month’s $535,000.
LAKE OSWEGO: (Month of December ’25)
259 Active Listings (Nov 338) Dec 2024: 204 42 New Listings (Nov 71) Dec 2024: 46 53 Pending Sales (Nov 85) Dec 2024: 55 81 Closed Sales (Nov 65) Dec 2024: 80 Average Sale Price for December: $1,110,300 (Nov $1,032,700) Dec 2024: $937,000 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. 102 Days on the Market (Nov 81) Dec 2024: 97
The data listed above is as reported by the Regional Multiple Listing Service (RMLS)
Aaaaaand, we’re off! Last week Lake Oswego saw 21 properties enter the market. Things are starting to pop in Lake Oswego. 11 moved to Pending status and 6 Closed/Sold. Several of the New properties were refreshed from more than a month ago, and a few moved to Pending status in the same week they came on the market. Always a sign of a great Listing. One in particular just stood out (it went Pending one day after our end-week here of the 25th). A remodel on SW Deer Oak Ave in Bryant Woods~ Just a beautiful home- great work by both the remodelers and the Listing Agent in presenting it well. It’s Pending already, but you can look at the photos here: BEFORE / AFTER .
Right now there are 183 properties available ranging from $179,500 to $8,900,000.
Here’s the breakdown:
NEW Jan 19-25, 2026
Address
List Price
Beds
Baths
SF
Prop Type
45 Eagle Crest DR #514
$279,900
1
1.1
1046
CONDO
4 TOUCHSTONE CT #140
$300,000
3
2.1
1351
CONDO
4466 THUNDER VISTA LN
$339,900
2
2.1
2040
CONDO
239 CERVANTES CIR / Upper
$370,000
2
2
1100
CONDO
1708 CONIFER DR
$599,000
3
2
1657
DETACHD
5966 FROST LN
$729,000
4
2.1
2036
DETACHD
5530 BAY CREEK DR
$990,000
4
2.1
2922
DETACHD
4716 AVERY LN
$1,030,000
4
2.1
2514
DETACHD
18425 SW DEER OAK AVE
$1,049,998
3
2
1893
DETACHD
5511 FIELDSTONE CT
$1,100,000
3
2.1
3037
DETACHD
314 2ND ST
$1,148,000
3
3.1
1814
ATTACHD
4201 HAVEN ST
$1,399,950
4
4
2730
DETACHD
705 1st ST
$1,650,000
3
3
3130
CONDO
72 NANSEN SUMMIT
$1,699,000
4
2.1
4485
DETACHD
707 1st ST
$1,799,000
3
3
3200
CONDO
4550 DOGWOOD DR
$1,965,000
3
2.1
3516
DETACHD
4430 LORDS LN
$2,499,900
5
4
4047
DETACHD
2820 DELLWOOD DR
$2,550,000
5
4.1
4162
DETACHD
13041 THOMA RD
$3,998,000
6
5
5450
DETACHD
2112 Goodall CT, Lot 2
$4,899,900
5
4.2
6790
DETACHD
1933 HIGHLANDS LOOP
$5,195,000
4
4.1
5768
DETACHD
PENDING Jan 19-25, 2026
Address
List Price
Beds
Baths
SF
Prop Type
Days
45 EAGLE CREST DR #500
$299,500
3
2
1460
CONDO
10
5057 W SUNSET DR
$575,000
2
2.1
1720
ATTACHD
279
3 MOUNTAIN CIR
$699,900
3
2
1603
ATTACHD
52
4520 TRILLIUM WOODS
$749,000
3
2.1
1992
ATTACHD
238
18550 TIMBERGROVE CT
$775,000
3
2
1440
DETACHD
6
1280 Oak TER
$775,000
3
2
1685
DETACHD
13
5511 FIELDSTONE CT
$1,100,000
3
2.1
3037
DETACHD
2
17808 HILLSIDE WAY
$1,235,000
4
4
3262
DETACHD
5
4201 HAVEN ST
$1,399,950
4
4
2730
DETACHD
1
12 DOVER WAY
$1,750,000
5
4.2
7658
DETACHD
145
2820 DELLWOOD DR
$2,550,000
5
4.1
4162
DETACHD
0
CLOSED/SOLD Jan 19-25, 2026
Address
Opening
Closed/Sold
Beds
Baths
SF
Prop Type
Days
17514 SCHALIT WAY
$475,000
$515,000
3
2
1325
DETACHD
6
90 WHEATHERSTONE PL / Main
$524,900
$524,900
3
2.1
1692
CONDO
88
17239 REBECCA LN
$750,000
$725,000
4
2.1
1936
DETACHD
75
15947 TWIN FIR RD
$795,000
$787,500
3
1.5
1308
DETACHD
45
17634 BROOKHURST DR
$1,275,000
$1,175,000
4
3.1
3653
DETACHD
85
1990 Indian Trail
$1,995,000
$1,746,500
4
3
3690
DETACHD
171
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) .
