Property Blotter

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.

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) .

Looking at the market activity in Lake Oswego last week, I would call it healthy, and maybe even strong. Interest rates are now below 6%. That has gotten people interested in making a move.

We had 15 properties enter the market. 3 of those sold quickly and appear in this report as pending sales. 16 properties moved to pending status. There were 17 closed sales.

See below for RMLS data.

New on the Market Feb 23-March 1, 2026

Address	Type	Price	Bedrooms	Baths	Sq Feet
4429 Thunder Vista Ln	Condo	$329,000	2	2.5	2002
219 Cervantes #219	Condo	$335,000	2	2	1100
61 Church St	Condo	$415,000	2	2	1040
5059 Foothills Dr E	Condo	$429,800	2	2	991
100 Leonard St 3-2	Condo	$650,000	3	2	1736
16309 Lake Forest Blvd	Detached	$654,800	3	2	1608
15915 Waluga Dr	Detached	$1,149,000	3	2.5	2939
135 Middlecrest Rd	Detached	$1,500,000	3	2.5	2882
725 Carrera Ln	Detached	$1,650,000	5	3	3780
1666 Lake Front Rd	Detached	$2,295,000	4	3	3314
17907 Cardinal Dr	Detached	$2,695,000	4	3	3008
16840 Alder Cir	Detached	$5,995,000	5	4.5	4689

Pending Sales Feb 23-March 1, 2026

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
47 Eagle Crest Dr 26-B	Condo	$229,000	2	1	932	81
4466 Thunder Vista Ln	Condo	$339,900	2	2.5	2040	31
5064 Foothills Dr #23G	Condo	$425,000	2	2	1252	9
33 Oriole Ln	Detached	$499,900	2	2	1080	61
111 Kingsgate Rd	Detached	$535,000	3	2	1548	5
12 Mountain Cir	Attached	$554,000	2	1.5	1374	13
16821 Gassner Ln	Detached	$599,995	3	2	1731	13
5271 Chinook Ct	Detached	$699,900	3	2	1390	1
3 Oriole Ln	Detached	$700,000	3	2.5	2128	8
764 10th St	Detached	$995,000	3	2.5	2360	173
1227 Ash St	Detached	$1,179,000	3	2	2153	3
13276 Deerfield Ct	Detached	$1,275,000	4	2.5	3066	3
17920 Meadowlark Ln	Detached	$1,295,000	3	2.5	2758	9
4707 Avery Ln	Detached	$1,395,000	5	2.5	3093	11
13768 Knaus Rd	Detached	$1,475,000	4	2	2418	3
18 Nansen Summit	Detached	$2,395,000	5	4.5	5640	241

Sold/Closed Feb 23-March 1, 2026

Address	Type	List Price	Closed Price	Sq Feet	CDOM
47 Eagle Crest Dr #15	Condo	$225,000	$215,000	1009	56
81 Oswego Summit	Condo	$235,000	$235,000	764	19
45 Eagle Crest Dr #514	Condo	$279,900	$279,900	1046	9
45 Eagle Crest Dr #500	Condo	$299,500	$299,900	1460	10
45 Condolea Ct	Condo	$509,900	$505,000	2157	180
1589 Boca Ratan DR	Attached	$599,000	$549,900	1611	189
5057 W Sunset Dr	Attached	$698,000	$557,000	1720	279
18411 Longfellow Ave	Detached	$650,000	$599,500	1178	168
39 Nova Ct	Detached	$715,000	$726,000	2457	5
1036 Bullock St	Detached	$749,900	$757,000	2001	3
4716 Avery Ln	Detached	$1,030,000	$1,030,000	2514	6
17349 Banyan Ln	Detached	$1,175,000	$1,100,000	2866	23
17808 Hillside Way	Detached	$1,235,000	$1,210,000	3262	5
39 Hillshire Dr	Detached	$1,400,000	$1,400,000	4315	11
630 Ridgeway Rd	Detached	$1,998,000	$1,495,240	2880	148
642 3rd St	Detached	$1,500,000	$1,500,000	2296	4
5010 Park Bluff Pl	Detached	$2,400,000	$2,200,000	4287	533

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.

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) .

New listings in Lake Oswego really picked up last week with 27 properties coming onto the market. Of those, 2 sold quickly and appear in this report as pending sales. Offers were accepted on 12 properties that are now in pending status. There were 11 closed sales.

See below for RMLS data.

New on the Market Feb 9-15

Address	Type	Price	Bedrooms	Baths	Sq Feet
4 Touchstone #120	Condo	$319,500	3	2.5	1351
86 Kingsgate Rd C-103	Condo	$325,000	2	2	924
13 Mountain Cir	Attached	$554,000	2	1.5	1374
16821 Gassner Ln	Detached	$599,995	3	2	1731
242 G Ave	Detached	$799,900	2	2.5	1172
805 3rd St	Detached	$849,900	3	2.5	1423
815 3rd St	Detached	$899,900	3	2.5	1512
247 E Ave	Detached	$929,900	3	2.5	1554
205 E Ave	Detached	$939,900	3	2.5	1554
1856 Glenmorrie Ter	Detached	$1,250,000	4	3	4498
2480 Marylshire Ln	Detached	$1,498,000	3	2.5	4963
16234 Waluga Dr	Detached	$1,695,000	5	3.5	3130
17706 Tree Top Way	Detached	$1,700,000	4	4	3771
15628 Quarry Rd	Detached	$1,825,000	5	3.5	3074
13537 Fielding Rd	Detached	$1,995,000	4	.3.5	4113
1592 View Lake Ct	Detached	$2,095,000	3	3	3341
5455 Childs Rd	Detached	$2,195,000	4	3.5	4038
17332 Lake Haven Dr	Detached	$2,249,000	4	2	2799
17282 Lake Haven Dr	Detached	$2,649,000	5	2.5	3664
825 Ellis Ave	Detached	$4,298,000	5	5	5220
1050 Atwater Rd	Detached	$4,298,000	4	3.5	4606
13305 Amber Pl	Detached	$4,395,000	5	5.5	6530
17763 Kelok Rd	Detached	4,650,000	4	4	5224
16871 Greenbrier Rd	Detached	$5,295,000	5	4.5	6050
3012 Lakeview Blvd	Detached	$5,495,000	4	4.5	6442

Pending Sales Feb 9-15, 2026

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
4610 Lower Dr	Condo	$324,000	2	1.5	1260	87
3872 Botticelli St	Condo	$385,000	3	2	1171	3
45 Condolea Ct	Condo	$509,900	2	2.5	2157	5
5399 W Sunset Dr	Detached	$575,000	3	1	1064	3
1720 Kilkenny Dr	Detached	$650,000	3	2.5	1348	180
5725 Windfield Loop	Detached	$739,000	3	2	1615	212
1036 Bullock St	Detached	$749,900	4	3	2001	3
1760 Kilkenny Dr	Detached	$795,000	4	3	2271	28
311 E Ave C7	Detached	$829,000	2	2.5	998	92
4201 Childs Rd	Detached	$880,000	3	2	2282	130
14 Juarez St	Detached	$1,495,000	4	4	3403	124
2543 Palisades Crest Dr	Detached	$1,795,000	4	2.5+.5	4020	17

Sold/Closed Feb 9-15, 2026

Address	Type	List Price	Sold Price	Sq Feet	Days
241 Cervantes	Condo	$399,000	$399,000	1382	8
343 5th St #1	Condo	$500,000	$490,000	910	31
1273 Boca Ratan Dr	Attached	$550,000	$545,000	1450	4
62 Condolea Ter	Condo	$749,000	$659,000	2958	270
18550 Timbergrove Ct	Detached	$775,000	$790,000	1440	6
4134 Orchard Way	Detached	$825,000	$825,000	2374	5
18425 Deer Oak Ave	Detached	$1,049,998	$1,100,000	1893	4
1535 Larch St	Detached	$1,275.108	$1,175,000	2712	188
12 Dover Way	Detached	$2,500,000	$1,567,000	7658	145
16405 Bonaire Ave	Detached	$1,750,000	$1,630,000	2638	190
17900 Crestline Dr	Detached	$2,598,000	$2,550,000	4879	43

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

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.

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)