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
| Address | Type | Price | Bedrooms | Baths | Sq Feet |
| 45 Eagle Crest Dr #500 | Condo | $299,500 | 3 | 2 | 1460 |
| 3433 McNary Pkwy #803 | Condo | $300,000 | 2 | 2.5 | 1136 |
| 3101 McNary Pkwy #11 | Attached | $325,000 | 3 | 2.5 | 1992 |
| 3926 Carman Dr | Condo | $399,900 | 2 | 2.5 | 1259 |
| 15487 Brianne Ct | Attached | $420,000 | 2 | 2.5 | 1516 |
| 1273 Boca Ratan Dr | Attached | $550,000 | 3 | 2 | 1450 |
| 2704 Orchard Hill Ln | Detached | $877,700 | 5 | 3 | 3177 |
| 16510 Maple Cir | Detached | $950,000 | 4 | 2.5 | 2295 |
| 12878 SW Sierra Vista Dr | Detached | $959,000 | 4 | 2.5 | 2215 |
| 4188 Cobb Way | Detached | $1,275,000 | 4 | 3 | 2664 |
| 39 Hillshire Dr | Detached | $1,400,000 | 4 | 4.5 | 4315 |
| 17367 Bergis Farm Dr | Detached | $3,200,000 | 5 | 3.5+.5 | 4315 |
Pending Sales Jan 12-16, 2026
| Address | Type | Price | Bedrooms | Baths | Sq Feet | DOM |
| 88 Oswego Summit | Condo | $205,000 | 1 | 1 | 764 | 7 |
| 86 Kingsgate Rd #22 | Condo | $299,900 | 2 | 2 | 924 | 120 |
| 241 Cervantes | Condo | $399,000 | 2 | 2 | 1382 | 8 |
| 1132 Cedar St | Detached | $589,000 | 3 | 2 | 13222 | 0 |
| 17928 Royal Ct | Detached | $635,000 | 3 | 2 | 1272 | 36 |
| 5300 Coventry Ct | Detached | $749,000 | 3 | 2.5 | 2232 | 3 |
| 4134 Orchard Way | Detached | $825,000 | 4 | 3 | 2374 | 5 |
| 18706 Bryant Rd | Detached | $968,000 | 3 | 2.5 | 2489 | 96 |
| 2703 Glen Eagles Rd | Detached | $975,000 | 3 | 2 | 1554 | 98 |
| 4023 Melissa Dr | Detached | $1,050,000 | 4 | 2.5 | 2754 | 260 |
| 12723 Adrian Ct | Detached | $1,175,000 | 4 | 3 | 3271 | 210 |
| 1535 Larch St | Detached | $1,200,000 | 4 | 3 | 2712 | 188 |
| 1015 Southshore Blvd | Detached | $1,250,000 | 4 | 3 | 3882 | 172 |
| 17367 Canal Cir | Detached | $2,185,000 | 3 | 3.5 | 2551 | 225 |
| 5010 Park Bluff Pl | Detached | $2,295,000 | 4 | 3.5 | 4287 | 533 |
| 12850 Alto Park Rd | Detached | $2,499,900 | 5 | 4.5 | 4169 | 68 |
Sold/Closed Jan 12-18, 2026
| Address | Type | LIst Price | Closed Price | Sq Feet | CDOM |
| 12846 Boones Ferry Rd | Condo | $470,000 | $382,000 | 1182 | 252 |
| 16636 Maple Cir | Detached | $1,250,000 | $1,100,000 | 2030 | 97 |
| 5513 Rachel Ln | Detached | $1,355,000 | $1,300,000 | 3346 | 142 |
| 4241 Cobb Way | Detached | $1,998,000 | $1,850,000 | 3397 | 70 |
| 1131 Skylands Dr | Detached | $2,850,000 | $2,131,500 | 6320 | 363 |
| 3548 Lakeview Blvd | Detached | $6,750,000 | $5,725,950 | 6919 | 176 |
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