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.
Overview/Fluctuations ~ June 2026 Market Data:
New Listings eased slightly at 3,164 but are up 2.2% from June 2025. Pending Sales remained strong with 2,437 offers, up from May and representing solid buyer activity. Most notably, Closed Sales reached 2,263—a robust 10.2% increase from May—indicating strong market momentum Across the Portland Metro, prices remain relatively stable with some neighborhoods showing modest appreciation while select areas continue their trend of price stabilization. Check out the Neighborhoods Report below for a monthly look at each area.

Rates: “Renewed tensions in the Middle East are pushing rates higher. 30-year fixed rates are hanging in the mid 6% range currently.” Gary Boyer, Certified Mortgage Planner, Premier Mortgage Resources
- New Listings: 3,164—decreased 2.5% fm May (3,246) & are up 2.2% fm June 2025 (3,096)
- Closed Sales: 2,263—increased 10.2% fm May (2,053)& are up 13.8% fm June 2025 (1,988)
- Pending Sales: 2,437—decreased 0.1% fm May (2,439) & are up 7.5% fm June 2025 (2,267)
- Average Sale Price:$615,700—is up 1.1% fm May($637,300) & 0.1%fm June ‘25 ($614,800)
- Median Sale Price: $549,000—increased 0.9% fm May ($560,000). Decreased 0.2% fm June‘25 ($550,000)
- Market Time: 55 days—(May: 57 days)

LAKE OSWEGO: (Month of June ’26)
492 Active Listings (May 464)
205 New Listings (May 211)
136 Pending Sales (May 137)
109 Closed Sales (May 134)
Average Sale Price for June: $1,151,500 (May $1,120,000)
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.
53 Days on the Market (May 61)








