Portland Area + LO ~ Year-End/Dec Stats

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)

Posts

Market Activity ~ Jan 19-25, 2026

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

AddressList PriceBedsBathsSFProp Type
45 Eagle Crest DR #514$279,90011.11046CONDO
4 TOUCHSTONE CT #140$300,00032.11351CONDO
4466 THUNDER VISTA LN$339,90022.12040CONDO
239 CERVANTES CIR / Upper$370,000221100CONDO
1708 CONIFER DR$599,000321657DETACHD
5966 FROST LN$729,00042.12036DETACHD
5530 BAY CREEK DR$990,00042.12922DETACHD
4716 AVERY LN$1,030,00042.12514DETACHD
18425 SW DEER OAK AVE$1,049,998321893DETACHD
5511 FIELDSTONE CT$1,100,00032.13037DETACHD
314 2ND ST$1,148,00033.11814ATTACHD
4201 HAVEN ST$1,399,950442730DETACHD
705 1st ST$1,650,000333130CONDO
72 NANSEN SUMMIT$1,699,00042.14485DETACHD
707 1st ST$1,799,000333200CONDO
4550 DOGWOOD DR$1,965,00032.13516DETACHD
4430 LORDS LN$2,499,900544047DETACHD
2820 DELLWOOD DR$2,550,00054.14162DETACHD
13041 THOMA RD$3,998,000655450DETACHD
2112 Goodall CT, Lot 2$4,899,90054.26790DETACHD
1933 HIGHLANDS LOOP$5,195,00044.15768DETACHD

PENDING Jan 19-25, 2026

AddressList PriceBedsBathsSFProp TypeDays
45 EAGLE CREST DR #500$299,500321460CONDO10
5057 W SUNSET DR$575,00022.11720ATTACHD279
3 MOUNTAIN CIR$699,900321603ATTACHD52
4520 TRILLIUM WOODS$749,00032.11992ATTACHD238
18550 TIMBERGROVE CT$775,000321440DETACHD6
1280 Oak TER$775,000321685DETACHD13
5511 FIELDSTONE CT$1,100,00032.13037DETACHD2
17808 HILLSIDE WAY$1,235,000443262DETACHD5
4201 HAVEN ST$1,399,950442730DETACHD1
12 DOVER WAY$1,750,00054.27658DETACHD145
2820 DELLWOOD DR$2,550,00054.14162DETACHD0

CLOSED/SOLD Jan 19-25, 2026

AddressOpeningClosed/SoldBedsBathsSFProp TypeDays
17514 SCHALIT WAY$475,000$515,000321325DETACHD6
90 WHEATHERSTONE PL / Main$524,900$524,90032.11692CONDO88
17239 REBECCA LN$750,000$725,00042.11936DETACHD75
15947 TWIN FIR RD$795,000$787,50031.51308DETACHD45
17634 BROOKHURST DR$1,275,000$1,175,00043.13653DETACHD85
1990 Indian Trail$1,995,000$1,746,500433690DETACHD171

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) .

A Message From Mayor Joe Buck

aw and order rhetoric becomes a shield for harm when force is deployed without accountability and moral restraint. State violence cloaked in legality—through procedure or bureaucracy—is still violence. It remains lethal, it remains harmful, and it erodes both our rights and the peace every community deserves.

Citizens have a moral responsibility to question unjust laws and to seek reform. Silence and disengagement are not pathways to peace; they are the conditions under which abuses of power take root.

The Lake Oswego community stands with communities across the country—especially our neighbors in Minneapolis—who are using their voices, trusting what they see with their own eyes, and supporting one another in the shared pursuit of dignity, justice, and accountability for all.

Market Activity Jan 12-18, 2026

I’m a bit excited about the market activity report for Lake Oswego last week. 16 houses went pending! That feels above average to me for the second week of January. I think that the interest rates at 6% and even slightly under that, is motivating buyers. I also think that the houses with extended market times (7of the 16 pending sales were on the market for more than 100 days) creates a strong environment for buyers to negotiate both price and terms. It makes me feel optimistic about real estate as we enter 2026.

The numbers for last week were 14 new listings, 2 of which sold quickly and appear in the report as pending sales. There were 16 pending sales, and 5 closed sales.

See below for RMLS data.

New on the Market Jan 12-18, 2026

AddressTypePriceBedroomsBathsSq Feet
45 Eagle Crest Dr #500Condo$299,500321460
3433 McNary Pkwy #803Condo$300,00022.51136
3101 McNary Pkwy #11Attached$325,00032.51992
3926 Carman DrCondo$399,90022.51259
15487 Brianne CtAttached$420,00022.51516
1273 Boca Ratan DrAttached$550,000321450
2704 Orchard Hill LnDetached$877,700533177
16510 Maple CirDetached$950,00042.52295
12878 SW Sierra Vista DrDetached$959,00042.52215
4188 Cobb WayDetached$1,275,000432664
39 Hillshire DrDetached$1,400,00044.54315
17367 Bergis Farm DrDetached$3,200,00053.5+.54315

Pending Sales Jan 12-16, 2026

AddressTypePriceBedroomsBathsSq FeetDOM
88 Oswego SummitCondo$205,000117647
86 Kingsgate Rd #22Condo$299,90022924120
241 CervantesCondo$399,0002213828
1132 Cedar StDetached$589,00032132220
17928 Royal CtDetached$635,00032127236
5300 Coventry CtDetached$749,00032.522323
4134 Orchard WayDetached$825,0004323745
18706 Bryant RdDetached$968,00032.5248996
2703 Glen Eagles RdDetached$975,00032155498
4023 Melissa DrDetached$1,050,00042.52754260
12723 Adrian CtDetached$1,175,000433271210
1535 Larch StDetached$1,200,000432712188
1015 Southshore BlvdDetached$1,250,000433882172
17367 Canal CirDetached$2,185,00033.52551225
5010 Park Bluff PlDetached$2,295,00043.54287533
12850 Alto Park RdDetached$2,499,90054.5416968

Sold/Closed Jan 12-18, 2026

AddressTypeLIst PriceClosed PriceSq FeetCDOM
12846 Boones Ferry RdCondo$470,000$382,0001182252
16636 Maple CirDetached$1,250,000$1,100,000203097
5513 Rachel LnDetached$1,355,000$1,300,0003346142
4241 Cobb WayDetached$1,998,000$1,850,000339770
1131 Skylands DrDetached$2,850,000$2,131,5006320363
3548 Lakeview BlvdDetached$6,750,000$5,725,9506919176

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

Lake Oswego Celebrates MLK Day

Sunday, January 18, join the community and Emcee Katharine Phelps to celebrate the Life & Legacy of Dr Martin Luther King, Jr from 2-4 at Lakeridge Middle School, located at 4700 Jean Road. Enjoy music by the LHS Jazz Ensemble, The Brown Sisters and Jaden Yazhari , Booths & a Community Art Table, poetry reading by Emmett Wheatfall, words from Mayor Joe Buck and more!

Sponsored by the City of Lake Oswego, the Friends of the Lake Oswego Public Library, Lake Oswego School District, and LOSD’s Belonging program, they are joined by African American Women of Lake Oswego and Surrounding Areas, Bahá’ís of Lake Oswego, LO for LOve, Lake Oswego School District, Lakewood Center for the Arts, Mary’s Woods, and Respond to Racism.

This event will also be live streamed on YouTube. For more info CLICK HERE.

A WORD FROM MAYOR JOE BUCK

This week, we honor and celebrate the life and enduring legacy of Dr. Martin Luther King Jr. Dr. King’s call to not rest in the comfort of consensus, but instead to wrestle – honestly and peacefully – with injustice, disagreement, and the moral responsibilities of democratic self-government, feels especially resonant today. Democracy depends on moral discipline. How we speak, protest, enforce laws, and hold one another accountable matters as much as outcomes.

Public trust is paramount to the City and to our local public safety officers. National events are not a proxy for our own policies, training, professionalism, or accountability. In Lake Oswego, our police hold themselves to high standards of trust and dignity and engage with the community in safe, thoughtful, and respectful ways.

We can all embrace Dr. King’s message that while disagreement in society is inevitable, the greatest threat to democracy is the loss of a shared commitment to trust, dignity, and nonviolence. Our commitment to shared values over shared conclusions, and to the importance of local communities amid national division, will help ensure we continue to come together for the honest, open dialogue needed to protect one another’s humanity, uphold accountability, and continue the patient, essential work of building trust.

Please join the City team and members of the City Council this Sunday to honor Dr King.

Market Activity ~ Jan 5-11, 2026

Last week Lake Oswego saw 12 properties enter the market (New), 8 received Offers (Pending) and 7 Closed/Sold. Around 3 of the new ones were taken off the market during the holidays and are being re-listed now for the new year. Right now there are 162 homes available ranging from $194,000 to $8,900,000.

Here is the breakdown:

NEW Jan 5-11, 2026

AddressList PriceBedsBathsSFProp Type
88 OSWEGO SMT / Main$205,00011764CONDO
4 TOUCHSTONE #138$280,000221044CONDO
241 CERVANTES / Upper$399,000221382CONDO
17514 SCHALIT WAY$475,000321325DETACHD
6096 HARRINGTON AVE$665,000321153DETACHD
1280 Oak TER$775,000321685DETACHD
4467 THUNDER VISTA LN / Main$775,00033.24494CONDO
4134 ORCHARD WAY$825,000432374DETACHD
240 GREENRIDGE DR$899,000221514ATTACHD
1685 FERNWOOD DR$1,399,900532630DETACHD
16200 WALUGA DR$1,850,00053.13375DETACHD
769 6TH ST$2,685,00044.13907DETACHD

PENDING Jan 5-11, 2026

AddressList PriceBedsBathsSFProp TypeDays
21 ORIOLE LN$550,000221489DETACHD34
765 CLARA CT$825,000332496DETACHD38
13920 SHIREVA DR$1,150,000533212DETACHD210
5239 MADRONA ST$1,199,000332881DETACHD4
1685 FERNWOOD DR$1,399,900532630DETACHD2
1990 Indian Trail$1,799,000433690DETACHD171
16508 BONAIRE AVE$2,075,000433183DETACHD191
116 6TH ST$2,999,900433874DETACHD67

CLOSED/SOLD Jan 5-11, 2026

AddressOpeningClosedBedsBathsSFProp TypeDays
213 OSWEGO SUMMIT / Bldg 25$375,000$315,000221383CONDO182
668 MCVEY AVE #83$385,000$322,50021.1992CONDO576
20 SUMMIT RIDGE CT$550,000$449,00022.11704ATTACHD161
4355 SILVER CT$525,000$499,90032.11844CONDO62
50 TOUCHSTONE$790,000$695,000321936DETACHD67
848 6TH ST$750,000$750,000211648DETACHD0
4521 TRILLIUM WOODS$879,000$820,00032.12256ATTACHD39

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) .

Emergency Planning

The Lake Oswego Fire Department is now participating in a program that allows first responders to access your property in the event of an emergency without having to break down the door or break a window.

This is especially important for the elderly or people with compromised mobility. You purchase the lockbox, there are two different models to choose from. You install the box within 15′ of your door, then notify the fire department. They will come to your home and lock up a set of keys that you put into the box. The fire department then has a master key that allows them to access the set of keys put inside.

I so would have had this done at my Mother’s house in her final years. Not only was she in her 80’s, but she had disabilities that really compromised her mobility. She actively worried that someday the fire department might have to break down her door. Fortunately, that never happened, but even just the peace of mind that this program would have given her would have been worth the cost of the box.

This is a wonderful program. For more information, click here.

Happy New Year! Dianne

Market Activity Dec 22, 2025-Jan 4, 2026

Happy New Year everyone! What a pleasure it is to ring in the new year and to anticipate the year ahead in real estate.

The last 2 weeks real estate has been pretty quiet, as would be expected over the holidays. However, real estate still happened. In the last 2 weeks 6 properties came onto the market, 9 moved to pending status, and there were 10 closed sales.

When people ask me about buying or selling over the holidays, I like to share a story that I experienced a few years ago. I had a listing in Lake Oswego down near the Willamette River. The owner of the house was a single man. He was meticulous with the house being clean and beautiful. On new year’s day he decided to go skiing. Unlike his usual habits, he left some dirty laundry on the bathroom floor. He just didn’t think that the house would be shown on new year’s day. Well, of course the house was shown. Not only was it shown, but we got an offer and the house went into pending status. My client was mortified that he had left laundry on the floor, but he was thrilled to get his house sold. Real Estate does happen all-year round. It never stops.

See below for RMLS data.

New on the Market Dec 22, 2025-Jan 4, 2026

AddressTypePriceBedroomsBathsSq Feet
343 5th St #1Condo$500,00021.5910
33 Oriole LnDetached$535,000221080
64 Wheatherstone Ct #36Condo$599,90043.52465
1721 Highland DrDetached$875,00042.52397
1250 SW Englewood DrDetached$3,245,00034.55591
13710 Knaus RdDetached$3,799,00044.5+.55780

Pending Sales Dec 22, 2025-Jan 4, 2026

AddressTypePriceBedroomsBathsSq FeetDOM
48 Eagle Crest Dr 3ECondo$299,0002215549
57 Greenridge CtAttached$475,00022131438
90 Weatherstone PlCondo$524,90032.5169288
46 Condolea CtCondo$695,000332958157
17239 Rebecca LnDetached$725,00042.5193675
13002 Sierra Vista DrDetached$775,00042196966
15947 Twin Fir RdDetached$795,00031.5130845
1951 Greentree RdDetached$899,95033250974
2255 Glen Haven RdDetached$1,099,00033281486

Closed/Sold Dec 22, 2025-Jan 4, 2026

AddressTypeList PriceSold PriceSq FeetCDOM
54 Oswego SummitCondo$205,000$200,00070027
4 Touchstone #136Condo$317,500$302,500135143
5845 Ridgetop CtDetached$815,000$815,00023405
94 Garibaldi StDetached$979,000$820,0002619244
13070 Princeton CtDetached$969,000$910,0003520100
1405 Cherry Crest AveDetached$1,249,000$965,0003138233
16878 Canyon DrDetached$1,499,000$1,225,0002750389
1799 Atherton DrDetached$1,699,000$1,803,0006350171
16917 Kara LnDetached$1,999,900$1,950,00038110
15948 Twin Fir RdDetached$2,950,000$2,700,0005437189

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

Merry Christmas & Happy Holidays!!!

Whether you celebrate Christmas, Kwanzaa, Hanukkah, Solstice or a combination, Dianne and I wish you a peaceful & cozy holiday filled with warmth and loved-ones.

We’re taking a little break as we always do, and will catch you up with all the happenings in a couple of weeks.

Happy Holidays!

Linda and Dianne

Market Activity ~ Dec 15-21, 2025

Last week Lake Oswego saw 5 properties enter the market (New), 10 move to Pending status, and 8 that Closed/Sold & will enjoy welcoming their new inhabitants for th holidays! Right now there are 180 homes available ranging from $194, 000 to $8,900,000.

Here is the breakdown:

NEW Dec 15-21, 2025

AddressList PriceBedsBathsSFProp Type
48 EAGLE CREST DR, 3E$299,000$221554CONDO
14390 CAMDEN LN$835,000$42.12224DETACHD
530 4th ST, #9$1,490,000$22.11986CONDO
21 D AVE, #2$2,100,188$22.11859CONDO
21 D AVE, #5$2,190,000$22.12020CONDO

PENDING Dec 15-21, 2025

AddressList PriceBedsBathsSFProp TypeDays
668 MCVEY AVE #83$335,000$21.1992CONDO576
213 OSWEGO SUMMIT, Bldg 25$349,000$221383CONDO182
20 SUMMIT RIDGE CT$449,000$22.11704ATTACHD161
6375 SW DAWN ST$531,250$32.12080DETACHD61
1589 BOCA RATAN DR$564,900$321611ATTACHD148
6244 FROST LN$849,900$43.12304DETACHD79
16636 MAPLE CIR$1,195,000$322030DETACHD97
17634 BROOKHURST DR$1,248,000$43.13653DETACHD85
530 4th ST #9$2,100,188$22.11859CONDO0
2101 GOODALL CT$2,395,000$44.14290DETACHD94

CLOSED/SOLD Dec 15-21

AddressOpeningClosed/SoldBedsBathsSFProp TypeDays
100 KERR PKWY #34$273,500$259,900$22823CONDO62
47 EAGLE CREST DR #59$270,000$260,000$221024CONDO125
38 MORNINGVIEW CIR$864,995$751,000$432408DETACHD208
1467 GREENTREE CIR$779,000$769,000$321940DETACHD14
3777 RIVERS EDGE DR$1,199,000$1,050,000$41.12875DETACHD118
2306 MAYORS LN$1,350,000$1,190,000$534417DETACHD104
1865 PALISADES LAKE CT$1,795,000$1,560,000$53.13890DETACHD165
1750 NORTHSHORE RD$4,950,000$4,200,000$32.13302DETACHD553

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) .