This Week in Lake Oswego

Here are my picks for fun activities in Lake Oswego this week!

Mon, August 25, 2025 – 10:30 AM ~ Early Childhood Movement and Music in Mandarin Chinese – Every Monday this is the place to bring your 2-5-year-old for a program of movement, singing and playing instruments. And it’s free! ~ Lake Oswego Library – 706 Fourth St. ~   CLICK HERE

Tues, August 26, 2025 – 5:30 PM ~ World Cinema Series “Kedi” (Turkish) ~ Animal lover? Bring the entire family for this mesmerizing documentary celebrating the unique bond between humans and their feline neighbors. ~ Lake Theater & Cafe – 106 N State St ~ More Info: CLICK HERE

Wed, August 27, 2025 6:30 – 8:30 PM ~Stone in Love (Concert Series) ~ You’re in for a treat…bring your blankets and chairs and get ready to enjoy this high energy Journey tribute band. These guys bring it all on legendary hits known the world over. ~ Westlake Park, 14165 Bunick Drive ~ More Info :  CLICK HERE

Thurs, August 28, 2025 – 7:00-10:30 PM ~Movies in the Park: “Moana” ~ Free popcorn… face-painting…snacks available from vendors… What’s not to enjoy? Bring the whole family out under the stars. ~Westlake Park, 14165 Bunick Drive ~  More Info :  CLICK HERE

Fri, August 29, 2025 – 5:00 PM ~Summer Adult Slow Pitch Softball League ~ The season closes today, and what fun it was! You can learn more about the League and consider registering for the 2026 season Here: CLICK HERE

Sat, August 30, 2024 – 8:30 AM-1:30 PM (repeats every Saturday)Lake Oswego Farmers Market ~ C’mon down & enjoy local artisans, music and the bounty of local produce and goods provided every Saturday thru October! ~ Millennial Plaza Park, 200 1st St Lake Oswego ~ More Info : CLICK HERE

Market Activity ~ Aug 11-17, 2025

Last week Lake Oswego saw 7 properties enter the marketplace, 8 move to Pending status and 19 that Sold/Closed. Right now there are 288 homes available ranging from $220,000 to $9,950,000.

Here is the breakdown:

NEW Aug 11-17, 2025

AddressList PriceBedsBathsSFProp Type
4 TOUCHSTONE #99$275,000221074CONDO
5225 JEAN RD #606$410,000221100CONDO
18411 LONGFELLOW AVE$650,000311178DETACHD
5093 SW GALEN ST$653,000321526DETACHD
2 FALSTAFF ST$1,075,00052.13010DETACHD
2306 MAYORS LN$1,350,000534417DETACHD
1075 SCHUKART LN$1,395,00042.13452DETACHD

PENDING Aug 11-17, 2025

AddressList PriceBedsBathsSFProp TypeDays
258 CERVANTES$499,00032.12312ATTACHD14
38 WHEATHERSTONE$500,00032.11692CONDO12
15703 BOONES WAY$725,00032.12047DETACHD4
13449 VERMEER DR$815,00032.11877DETACHD48
4730 AVERY LN$1,095,00042.12729DETACHD133
13825 MELROSE PL$1,299,00054.14490DETACHD3
1221 GLENMORRIE DR$2,098,00043.14231DETACHD83
951 WESTPOINT RD$5,600,000644659DETACHD386

CLOSED/SOLD Aug 11-17, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
40 CRESTFIELD CT / Upper$224,900$220,00011690CONDO10
86 KINGSGATE RD, F101$275,000$273,00022840CONDO1
4 TOUCHSTONE #113$312,000$295,00022984CONDO26
48 EAGLE CREST DR #4A$440,000$415,000221489CONDO38
16 GREENRIDGE CT$609,000$555,00032.12019ATTACHD137
18435 TERRY AVE$675,000$610,000321521DETACHD95
1195 HALLINAN ST$895,000$700,000532421DETACHD86
3475 UPPER DR$750,000$780,000331736DETACHD5
5189 COVENTRY CT$850,000$790,40032.11936DETACHD52
15 CELLINI CT$885,000$825,000433131DETACHD37
4698 WINTHROP CT$1,000,000$900,00032.12220DETACHD39
5790 RIDGETOP CT$995,000$995,00032.12589DETACHD6
4628 HERITAGE LN$1,024,900$1,043,00042.12670DETACHD4
17421 BROOKHURST DR$1,349,000$1,220,00054.13756DETACHD94
16006 SW KIMBALL ST$1,425,000$1,341,000432643DETACHD14
16176 MATTHEW CT$1,795,000$1,715,00042.13474DETACHD29
17787 KELOK RD$1,950,000$1,840,000323059DETACHD61
17739 CARDINAL DR$2,895,000$2,547,00053.13642DETACHD67
1098 CHANDLER RD$3,998,000$3,210,00043.14003DETACHD506

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) .

Portland Area July 2025 Stats + LO

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 into smaller pieces.

New Listings & Pending Sales are down from the month prior. Inventory has inched up a bit in a continuing trend. July is typically vacation time, so slowing is normal every year. Next month usually shows a seasonal adjustment in increased activity~we’ll see. Prices took quite a dip overall from the month prior, so right now is a great time to Buy if you’ve been thinking about it. Rates are lowering. Check out “Neighborhoods” below to see which ones are going up and which are going down in price: Take a look at the Gresham area, and NE Portland took a pretty big price haircut so there’s an opportunity for Buyers.

Rates:   “We have seen a nice improvement recently with rates moving into the lower 6% range!” Gary Boyer, Certified Mortgage Planner, Vantage Mortgage Brokers

According to the RMLS Market Action Report for the Portland Metro Area July 2025:

  • There were 2,931 New Listings in July which increased a slight 0.9% from the 2,905 in July 2024, and decreased 5.3% from the 3,096 in the previous month/June.
  • At 2,005 July 2025’s Closed Sales (Solds) are down 3.4% from July 2024’s 2,075 and up 0.9% from the previous month’s total of 1,988.
  • At 2,177 July’s Pending Sales (Accepted Offers) are down 0.6% from July 2024’s 2,191, and up a are decreased 4.0% from the previous month/June’s total of 2,267.
  • The Average Sale Price for July 2025 of, $621,800 is down $1,100. from last year/July 2024’s $622,900, and down $12,600 from the p­­revious month/June’s $634,400. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in July 2025 of $555,000 is up $5,000 from July 2024’s $550,000, & down $15,000 from the previous month’s $570,000.    

LAKE OSWEGO: (Month of July ’25)

455 Active Listings (June 442)
153 New Listings  (June 176)
118 Pending Sales (June 129)
121 Closed Sales  (June 94)
Average Sale Price for July: $977,300 (June $1,023,600)
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.
41 Days on the Market   (June 69)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ July 28-Aug 3, 2025

Last week Lake Oswego welcomed 16 homes to the marketplace (New), and saw 20 move to Pending status & 23 that Closed/Sold. Right now there are 293 properties available ranging from $220,000 to $10,399,000.

Here is the breakdown:

NEW July 28-Aug 3, 2025

AddressList PriceBedsBathsSFProp Type
86 KINGSGATE RD, F101$275,00022840CONDO
159 OSWEGO SUMMIT / Upper$447,000221506CONDO
258 CERVANTES$499,00032.12312ATTACHD
38 WHEATHERSTONE$500,00032.11692CONDO
114 GREENRIDGE CT$575,00032.11824ATTACHD
1237 CEDAR ST$849,00032.11882DETACHD
12 MONTICELLO DR$980,00042.24200DETACHD
5328 LOWER DR$1,150,00042.12600DETACHD
2157 WEMBLEY PL$1,199,00054.13715DETACHD
3777 RIVERS EDGE DR$1,199,00042.12875DETACHD
17720 WESTVIEW DR$1,300,000533610DETACHD
14385 PFEIFER DR$1,490,00043.14041DETACHD
5690 CHILDS RD$1,529,00043.14374DETACHD
707 1st ST$1,995,000333200CONDO
18225 RIVER EDGE CT$2,600,00065.37171DETACHD
4431 WESTBAY RD$3,575,000433000DETACHD

PENDING July 28-Aug 3, 2025

AddressList PriceBedsBathsSFProp TypeDays
44 EAGLE CREST DR #7$237,775321085CONDO144
128 OSWEGO SUMMIT / Upper$265,000221140CONDO27
86 KINGSGATE RD, F101$275,00022840CONDO1
44 EAGLE CREST DR #24$289,000321085CONDO119
1368 BOCA RATAN DR$599,000321611ATTACHD47
5132 TIMBERGROVE ST$699,900421458DETACHD22
2524 ORCHARD HILL PL$774,947321927DETACHD13
1195 HALLINAN ST$779,900532421DETACHD86
17141 HOFER CT$799,00022.12076DETACHD46
4698 BLACK FOREST CT$849,70042.12197DETACHD69
3144 DIANE DR$849,880321784DETACHD83
13055 PRINCETON CT$899,99042.13142DETACHD86
4506 BLACK FOREST CT$930,00042.12400DETACHD48
4628 HERITAGE LN$1,024,90042.12670DETACHD4
14385 PFEIFER DR$1,490,00043.14041DETACHD3
5552 KILCHURN AVE$1,500,00042.13295DETACHD7
5690 CHILDS RD$1,529,00043.14374DETACHD1
2735 GLEN EAGLES RD$2,090,00043.12959DETACHD103
4277 UPPER DR$2,200,00053.13992DETACHD100
1098 CHANDLER RD$3,399,00043.14003DETACHD506

CLOSED/SOLD July 28-Aug 3, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
17 CRESTFIELD CT #17$275,000$245,00021923CONDO53
5056 FOOTHILLS DR, F$499,000$476,000321252CONDO17
21 BLOCH TER$549,000$549,00032.11972ATTACHD8
4268 WOODSIDE CIR$624,000$559,873422026ATTACHD166
2 ICARUS LOOP$629,000$599,000321887DETACHD14
1042 Yates ST$630,000$675,00031.11100DETACHD5
816 5TH ST$895,000$800,000322294DETACHD43
5670 CHILDS RD$949,000$825,00042.12298DETACHD85
1 BERNINI CT$1,150,000$840,00043.13697DETACHD262
128 DEL PRADO ST$900,000$900,000433511DETACHD6
136 DEL PRADO ST$950,000$907,000533188DETACHD100
11 EL GRECO ST$998,000$970,00042.22609DETACHD67
676 9TH ST$999,000$999,000211982DETACHD5
16909 CRESTVIEW DR$1,099,900$1,100,000432553DETACHD4
13980 AMBERWOOD CIR$1,099,950$1,180,000422260DETACHD2
2927 TOLKIEN LN$1,299,000$1,250,00042.12838DETACHD23
757 4TH ST$1,400,000$1,385,000321344DETACHD0
542 4TH ST$1,625,000$1,585,00044.23510ATTACHD13
2100 HILLSIDE DR$1,585,000$1,619,00063.24142DETACHD9
4720 FIRWOOD RD$1,995,000$1,937,500433608DETACHD5
16650 FIR LN$2,395,000$2,275,00043.13859DETACHD47
13800 GOODALL RD$4,950,000$3,300,00056.15560DETACHD507
13962 KNAUS RD$5,195,000$4,300,00054.25404DETACHD234

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) .

Music in the Parks

It’s summertime in Lake Oswego and that means all kinds of fun things including Farmers’ Market every Saturday which is an awesome mix of local growers, vendors, artisans & music, but did you know about the concerts?

Wednesdays from 7-9 Foothills Park offers music + food vendors events- the next one being “Band After Midnight“, an ABBA Tribute experience on July 30th this week. Also on Wednesdays from 6:30-8:30 in Westlake Park you can bring your blanket or folding chairs to enjoy some music & food vendors on a summer evening…Next one is “Cloverdale” on August 6th.

Sundays from 6-7:30 enjoy music in Millennium Plaza Park! Bring some snacks or enjoy some of the surrounding restaurants’ offerings… the next event being Sunday July 27th with a local favorite…the Boogie Cat himself: Norman Sylvester!

Mark your calendar for the Foothills Park Twilight Show on Saturday August 16th when the Portland Festival Symphony will sweep you away. Enjoy the atmosphere and the food vendors at this special event.

For more information on more scheduled concerts this summer CLICK HERE. ***And make sure to check back for updates!

Market Activity ~ July 14-20, 2025

Last week Lake Oswego had 22 properties enter the market, 19 move to Pending status, and 12 that Closed/Sold. Right now there are 293 homes available ranging from $220,000 to $10,900,000.

Here is the breakdown:

NEW July 14-20, 2025

AddressList PriceBedsBathsSFProp Type
94 CERVANTES CIR / Main$275,00021.1912CONDO
86 KINGSGATE RD, A202$309,00022849CONDO
3826 BOTTICELLI ST #11$324,900221055CONDO
48 EAGLE CREST DR #5E$360,000221443CONDO
18308 PILKINGTON RD$699,000321584DETACHD
2524 ORCHARD HILL PL$774,947321927DETACHD
134 WILBUR ST$800,00031.11059DETACHD
15540 PARTRIDGE DR$829,000432203DETACHD
4181 COBB WAY$837,500432248DETACHD
46 CONDOLEA CT / Grnd$889,000332958CONDO
18395 WOOD THRUSH ST$975,000342554DETACHD
5790 RIDGETOP CT$995,00032.12589DETACHD
15601 MANCHESTER DR$1,085,00053.13302DETACHD
13980 AMBERWOOD CIR$1,099,950422260DETACHD
51 TOUCHSTONE$1,150,00042.13105DETACHD
2485 MARYLSHIRE LN$1,200,00032.12844DETACHD
16181 PARELIUS CIR$1,239,00042.13769DETACHD
13282 DEERFIELD CT$1,295,00042.13115DETACHD
32 INDEPENDENCE AVE$1,300,00043.13277DETACHD
5094 DENTON DR$1,795,00033.13406DETACHD
17096 CHAPIN WAY$2,370,00044.14489DETACHD
2490 SUMMIT DR$3,595,000333049DETACHD

PENDING July 14-20, 2025

AddressList PriceBedsBathsSFProp TypeDays
4258 WOODSIDE CIR$575,000322023ATTACHD63
16 GREENRIDGE CT$584,90032.12019ATTACHD137
18435 TERRY AVE$599,000321521DETACHD95
1042 Yates ST$630,00031.11100DETACHD5
18308 PILKINGTON RD$699,000321584DETACHD2
3475 UPPER DR$750,000331736DETACHD5
18431 INDIAN CREEK DR$800,000421772DETACHD5
800 FAIRWAY RD$899,000322037DETACHD194
676 9TH ST$999,000211982DETACHD5
592 9TH ST$999,000423046DETACHD50
13980 AMBERWOOD CIR$1,099,950422260DETACHD2
17421 BROOKHURST DR$1,249,90054.13756DETACHD94
14135 EDENBERRY DR$1,295,00042.13232DETACHD20
1983 RIDGEWOOD RD$1,495,00055.14961DETACHD47
364 NORTHSHORE RD$1,598,000322066DETACHD37
16250 Reese RD$2,149,90044.13420DETACHD13
1814 HIGHLANDS LOOP$2,490,00044.15635DETACHD332
693 TERRACE DR$2,995,00043.13388DETACHD217
13800 GOODALL RD$3,595,00056.15560DETACHD507

SOLD/CLOSED July 14-20, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
243 CERVANTES / Upper$389,000$387,500221292CONDO12
5877 BONITA RD$549,000$490,000321270DETACHD18
6300 SW SHAKESPEARE ST$569,000$519,500321248DETACHD33
16675 BONAIRE AVE$598,000$562,000311030DETACHD96
939 MCVEY AVE$599,900$615,000321447DETACHD5
38 CHURCHILL DOWNS$919,000$890,000533224DETACHD16
20 HOTSPUR ST$939,900$925,80232.12456DETACHD3
14360 UPLANDS DR$1,595,000$1,535,00043.22940DETACHD26
4062 PFEIFER CT$1,550,000$1,576,00042.13547DETACHD4
5355 ROSALIA WAY$1,625,000$1,650,00053.14147DETACHD4
475 IRON MOUNTAIN BLVD$2,050,000$1,850,00042.23254DETACHD24
15007 TWIN FIR RD$1,925,000$1,925,00043.13100DETACHD10

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) .

Portland Area June 2025 Stats + LO

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 into smaller pieces.

Buyers and Sellers are out there doing their thing…just nothing dramatic to report as far as changes from last year or the previous month go. Generally speaking activity is up from last June and down from the month prior. The biggest data point that stands out is the big drop in New Listings from May, but most people aiming for listing their home in spring have already done so, so that makes sense. Now we move into the summer market which is different from spring as people readjust to summer schedules & head out on vacation. Prices are up & down all across metro, but basically not moving by all that much. Inventory continues to rise & summer listings are coming!

Rates:  “ ‘Tariff Talk’ continues to weigh heavily on the markets. Right now rates are in the mid 6% range. Gary Boyer, Senior Mortgage Specialist, Directors Mortgage

According to the RMLS Market Action Report for the Portland Metro Area June 2025:

  • There were 3,096 New Listings in June which increased a slight 1.7% from the 3,044 in June 2024, and decreased a whopping 15.2% from the 3,651 in the previous month/May.
  • At 1,988 June 2025’s Closed Sales (Solds) are down 4.5% from June 2024’s 2,081 and down 1.5% from the previous month’s total of 2,018.
  • At 2,267 June’s Pending Sales (Accepted Offers) are up 2.3% from June 2024’s 2,217, and up a are also down 1.4% from the previous month/May’s total of 2,299.
  • The Average Sale Price for June 2025 of, $634,400 is down $1,800. from last year/June 2024’s $636,200, and up $10,300 from the p­­revious month/May’s $624,100. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in June 2025 of $570,000 is up $5,000 from June 2024’s $565,000, & basically the same/up $500 from the previous month’s $569,500.    

LAKE OSWEGO: (Month of June ’25)

442 Active Listings (May 411)
176 New Listings  (May 216)
129 Pending Sales (May 110)
94 Closed Sales  (May 108)
Average Sale Price for May: $1,023,600 (May $941,700)
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.
69 Days on the Market   (May 60)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ June 30-July 6, 2025

Last week Lake Oswego welcomed 8 properties to the marketplace, with 19 homes moving to Pending status and 10 that Closed/Sold. Right now there are 301 homes available ranging from $220,000 to $10,900,000.

Here is the breakdown:

NEW June 30-July 6, 2025

AddressList PriceBedsBathsSFProp Type
128 OSWEGO SUMMIT / Upper$265,000221140CONDO
344 CERVANTES CIR / Grnd$299,90021.1912CONDO
4463 THUNDER VISTA LN$400,00022.12000CONDO
18575 PILKINGTON RD$420,000321952DETACHD
628 1ST ST$849,90022.11776ATTACHD
674 LIVINGOOD LN$949,95042.12714DETACHD
16250 Reese RD$2,149,90044.13420DETACHD
18 Nansen Summit$2,995,00054.15640DETACHD

PENDING June 30-July 6, 2025

AddressList PriceBedsBathsSFProp TypeDays
44 EAGLE CREST DR #19$209,00021908CONDO59
18575 PILKINGTON RD$420,000321952DETACHD2
2 ICARUS LOOP$599,000321887DETACHD14
5364 ROSEWOOD ST$754,80042.11936DETACHD40
13449 VERMEER DR$815,00032.11877DETACHD7
5670 CHILDS RD$839,00042.12298DETACHD85
816 5TH ST$849,500322294DETACHD43
1 BERNINI CT$899,00043.13697DETACHD262
128 DEL PRADO ST$900,000433511DETACHD6
674 LIVINGOOD LN$949,95042.12714DETACHD3
5666 GRAND OAKS DR$1,095,00042.13015DETACHD83
16909 CRESTVIEW DR$1,099,900432553DETACHD4
14479 PFEIFER DR$1,100,000433366DETACHD4
542 4TH ST$1,625,00044.23510ATTACHD13
785 3RD ST$1,750,00042.13010DETACHD60
4720 FIRWOOD RD$1,995,000433608DETACHD5
16650 FIR LN$2,275,00043.13859DETACHD47
1160 NORTHSHORE RD$2,750,00022.12794DETACHD12
13962 KNAUS RD$4,795,00054.25404DETACHD234

SOLD/CLOSED June 30-July 6, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
196 CERVANTES$375,000$375,00021.11555CONDO18
17855 DEERBRUSH AVE$810,000$500,000431821DETACHD45
9 EAGLE CREST DR$595,000$577,000321464DETACHD12
18344 TERRY AVE$610,000$615,675311188DETACHD5
19230 REDWING CT$735,000$749,50042.11842DETACHD34
1871 KILKENNY DR$950,000$870,00052.13086DETACHD60
17766 TREE TOP LN$1,095,000$1,050,00042.12761DETACHD3
3305 RIVER WOODS PL$1,250,000$1,135,00033.14498DETACHD27
5770 DOGWOOD DR$1,645,000$1,525,000333218DETACHD8
14494 UPLANDS DR$2,095,000$2,050,00054.14947DETACHD0

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) .

Portland Area May 2025 Stats + LO

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 into smaller pieces.

We are up in all categories from April to May- New Listings, Pending Sales, Closed Sales and Average & Median Prices.  Inventory is up as well & Market-Time decreased by 7 to 55 days. The Gresham area still leads the way with affordability & appreciation. The biggest jump in Average price from April to May occurred in: NE Portland (by $58,000), & the biggest drops were in NW Wash County (by $103,200) & Lake Oswego/W Linn (by $82,100) and/but both of those areas, particularly Lake Oswego, have a wide range of home price levels to average out.

Rates:  “The worries over increasing inflation have hung over markets for three months yet both CPI and the PCE inflation gauges have been relatively unchanged. The 30 yr fixed is hovering in the 7.0% to 7.25% range.” Gretchen Russell, Senior Mortgage Consultant, Two Rivers Mortgage.

According to the RMLS Market Action Report for the Portland Metro Area May 2025:

  • There were 3,651 New Listings in May which increased 4.1% from the 3,508 in May 2024 and also increased 8.7% from the 3,358 in the previous month/April.
  • At 2,018 May 2025’s Closed Sales (Solds) are down 5.7% from May 2024’s 2,140 and up 7.3% from the previous month’s total of 1,880.
  • At 2,299 May’s Pending Sales (Accepted Offers) are down 2.7% from May 2024’s 2,363, and up a are up 3.3% from the previous month/April’s total of 2,225.
  • The Average Sale Price for May 2025 of, $624,100 is down $8,000. from last year/May 2024’s $629,000, and up a whopping $7,300 from the p­­revious month/April’s $616,7000. 
  • The “Median Sale Price (the price smack dab in the middle of all sales) in May 2025 of $569,500 is up $11,000 from May 2024’s $558,500, and up $19,500 from the previous month’s $550,000.    

LAKE OSWEGO: (Month of May ’25)

411 Active Listings (Apr 337)
216 New Listings  (Apr 202)
110 Pending Sales (Apr 99)
108 Closed Sales  (Apr 94)
Average Sale Price for May: $941,700 (Apr $1,023,800)
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.
60 Days on the Market   (Apr 63)

The data listed above is as reported by the Regional Multiple Listing Service (RMLS)

Market Activity ~ June 2-8, 2025

Last week Lake Oswego welcomed 26 properties to the market, and saw 13 move to Pending status while 14 Closed/Sold. Right now there are 303 properties available ranging from $210,000 to $10,900,000.

Here is the breakdown:

NEW June 2-8, 2025

AddressList PriceBedsBathsSFProp Type
243 CERVANTES / Upper$389,000221292CONDO
939 MCVEY AVE$599,900321447DETACHD
18344 TERRY AVE$610,000311188DETACHD
5835 CARMAN DR$685,00032.11650DETACHD
14428 HOLLY SPRINGS RD$699,90032.11372CONDO
5665 BONITA RD$749,000211200DETACHD
67 CONDOLEA TER / Main$769,000332448CONDO
1716 ASPEN CT$774,000321542DETACHD
5189 COVENTRY CT$839,90032.11936DETACHD
15 CELLINI CT$885,000433131DETACHD
15134 BOONES WAY$929,90053.12920DETACHD
17944 TUALATA AVE$999,900432325DETACHD
1437 GREENTREE CIR$1,089,000432362DETACHD
17766 TREE TOP LN$1,095,00042.12761DETACHD
876 SUNNY HILL DR$1,099,90042.12164DETACHD
17514 BROOKHURST DR$1,364,90042.13521DETACHD
4123 CHAD DR$1,395,00043.13833DETACHD
5513 RACHEL LN$1,419,90042.13346DETACHD
589 RIDGEWAY RD$1,489,000421671DETACHD
14 JUAREZ ST$1,580,000443403DETACHD
19229 35TH PL$1,798,90053.14831DETACHD
19375 SW EASTSIDE RD$1,950,00043.14439DETACHD
17677 WESTVIEW DR$2,200,00054.16636DETACHD
2917 WESTVIEW CIR$2,295,00054.14341DETACHD
17367 CANAL CIR$2,300,00033.12551DETACHD
1051 FOREST MEADOWS WAY$4,400,00066.15505DETACHD

PENDING June 2-8, 2025

AddressList PriceBedsBathsSFProp TypeDays
44 EAGLE CREST DR #5$199,95021908CONDO111
4083 JEFFERSON PKWY$450,000221227CONDO39
19230 REDWING CT$735,00042.11842DETACHD34
2760 OVERLOOK DR$785,00042.12441DETACHD75
1871 KILKENNY DR$899,00052.13086DETACHD60
16901 LAKERIDGE DR$899,000432183DETACHD3
2251 FERNWOOD CIR$1,199,999732704DETACHD31
3305 RIVER WOODS PL$1,250,00033.14498DETACHD27
1209 LAKE GARDEN CT$1,275,00042.13428DETACHD8
496 8TH ST$1,299,900422899DETACHD6
922 E AVE$1,395,000321793DETACHD94
5770 DOGWOOD DR$1,645,000333218DETACHD8
13092 AMBER PL$2,995,000333146DETACHD19

CLOSED/SOLD June 2-8, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
100 KERR PKWY #47$190,000$175,00011617CONDO133
35 OSWEGO / Main$275,000$268,000221212CONDO111
73 OSWEGO Summit / Main$285,000$285,000221212CONDO19
200 BURNHAM RD #200$325,000$285,00011899CONDO42
4390 THUNDER VISTA LN / Main$416,000$354,30022.11684CONDO309
1764 CONIFER DR$665,000$665,000311200DETACHD3
110 KINGSGATE RD$689,000$706,00032.11669DETACHD4
1131 LARCH ST$800,000$830,000432478DETACHD4
5527 CHILDS RD$1,399,900$1,000,000432982ATTACHD566
18343 ANDUIN TER$1,025,000$1,040,00042.13000DETACHD3
3500 LANEWOOD ST$1,199,000$1,163,51132.12217DETACHD4
2896 TOLKIEN LN$1,795,000$1,750,00053.15425DETACHD14
19331 SW LORNA LN$2,350,000$1,820,00043.15496DETACHD332
4333 HAVEN ST$1,950,000$1,890,000543652DETACHD16

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) .