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 ~ Sept 2026 Portland Metro Market Data:
New Listings rose and Pending & Closed Sales dropped in September. Basically, there are more people wanting to sell than Buyers wanting to buy. A lot of this is seasonal & matching last year, meaning a typical fall slowing- And/but prices are holding steady & even increasing in areas, possibly given motivations at this time of year to Close based on year-end objectives and other similar reasoning. That said, Market Time increased, and though this may give Buyers more time to decide, it makes Sellers wonder what’s going on. Mortgage Rates still are playing a big role in the answer to that question- They rose after our last report, and now are settling back down. Everyone is hoping they decrease further, of course.
Rates: “There has been significant positive movement in the bond market. Rates have moved back down to the low 7% range.” Gary Boyer, Certified Mortgage Planner, Premier Mortgage Resources
- New Listings: 2,487—rose 1.9% fm August (2,440) & decreased 0.4% fm Sept‘25 (2,498)
- Closed Sales: 1,752—rose 7.9% fm August (1,902) & decreased 4.0% fm Sept‘25 (1,825)
- Pending Sales: 1,760—fell 12.6% fm August (2,013) & decreased 17.9% fm Sept‘25 (2,145)
- Average Sale Price: $630,500—up $23,300 vs August ($607,200)—up $13,600 vs Sept‘25 ($616,900)
- Median Sale Price: $545,000—up $5,000 vs August ($540,000)—unchanged vs Sept‘25 ($545,000)
- Market Time: 68 days—increased 11 days from August (57 days)
LAKE OSWEGO: (Sept 2026)
491 Active Listings (Aug 474)
191 New Listings (Aug 133)
89 Pending Sales (Aug 124)
107 Closed Sales (Aug 108)
Average Sale Price for Sept: $1,130,300 (Aug $1,103,200)
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.
75 Days on the Market (Aug 55)