Portland Area + LO ~ March 2026 Stats

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.

Time on Market decreased from 91 in February to 79 days in March. Activity continued to increase in March with increases in Listings, Pending & Closed Sales. Overall prices rose for the metro even as different parts of town rose and others fell from February (such as Gresham, Milwaukie, NW Washington County & Hillsboro). Interestingly enough, when comparing the first 3 months of 2026 to the same in 2025, Average Sale Price decreased by 1.4% and Median Price decreased by 2.8%. Inventory is at 3.0% right now and Buyers are out in force

Rates:   “Middle East tensions are pushing up inflation which has driven rates into the mid 6% range.”       Gary Boyer, Certified Mortgage Planner, Premier Mortgage Resources

  • There were 2,738 New Listings in March which increased 2.7% from the 2,667 in March 2025, & increased 21.2% from the 2,260 in the previous month/Feb.
  • At 1,790 March 2026’s Closed Sales (Solds) are up 11.0% from March 2025’s 1,613, and increased a substantial 27.4% from the previous month’s total of 1,405.
  • At 2,319 March’s Pending Sales (Accepted Offers) are up 5.5% from March 2025’s 2,199, and up a whopping 27.3% from the previous month/February’s total of 1,821 Accepted Offers.
  • The Average Sale Price for March 2026 of, $614,200 is up $16,800. from last year/March 2025’s $597,400, and up $23,600 from the p­­revious month/Feb’s $590,600. 
  • The “Median Sale Price” (the price smack dab in the middle of all sales) in March 2026 of $543,800 is up $1,800 from March 2025’s $542,000, & up $18,800 from the previous month’s $525,000.

LAKE OSWEGO: (Month of March ’26)

345 Active Listings (Feb 306)
156 New Listings  (Feb 144)
105 Pending Sales (Feb 112)
99 Closed Sales  (Feb 72)
Average Sale Price for February: $1,065,800 (Feb $960,100)
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.
85 Days on the Market   (Feb 96)

Market Activity ~ March 30-April 5, 2026

Last week Lake Oswego saw 26 properties enter the market, 19 move to Pending status, and 18 that Closed/Sold. 2164 Summt Dr was Sold and listed as New on the same day… The “New” property is new construction/under construction.

Right now there are 243 properties available ranging from $179,500 to $8,900,000.

Here is the breakdown:

NEW Mar 3-Apr 5, 2026

AddressList PriceBedsBathsSFProp Type
86 KINGSGATE RD, H203$275,00022849CONDO
4000 CARMAN DR #106$320,00022993CONDO
4000 CARMAN DR #79$349,90022993CONDO
16200 PACIFIC HWY #4$495,000221190CONDO
15977 KIMBALL ST$495,90031.11076DETACHD
17901 TUALATA AVE$530,00031912DETACHD
1466 BONNIEBRAE DR$675,000421721ATTACHD
4 NORTHVIEW CT$699,00043.13080ATTACHD
1408 PINE ST$725,00011700DETACHD
1674 FIRCREST DR$750,000421998DETACHD
1659 OAK ST$799,90032.11820DETACHD
464 LIVINGOOD LN$899,00042.12584DETACHD
1 HIDALGO ST$975,00042.13206DETACHD
4728 CAMBRIDGE CT$999,95042.12852ATTACHD
790 BRIERCLIFF LN$1,050,000432055DETACHD
4055 TROUT WAY$1,078,00042.12975DETACHD
18362 SW ANDUIN TER$1,099,00042.13548DETACHD
782 LAUREL ST$1,275,000342795DETACHD
5707 RIDGETOP CT$1,335,000543752DETACHD
4316 ALBERT CIR$1,525,000433575DETACHD
19317 LORNA LN$1,749,00054.14634DETACHD
19151 MARLIN CT$2,395,00043.14245DETACHD
2164 SUMMIT DR$2,850,00043.13756DETACHD
4487 WESTBAY RD$3,999,90055.14047DETACHD
16755 GRAEF CIR$4,000,000544566DETACHD
12790 S FIELDING RD$5,200,00067.19124DETACHD

PENDING Mar 30-Apr 5, 2026

AddressList PriceBedsBathsSFProp TypeDays
40 CRESTFIELD CT / Upper$220,00011690CONDO68
47 Oswego Summit #47$349,000221167CONDO7
15977 KIMBALL ST$495,90031.11076DETACHD2
17901 TUALATA AVE$530,00031912DETACHD2
26 AQUINAS ST$675,000322224DETACHD4
4911 PARKHILL ST$875,000432132DETACHD25
1 HIDALGO ST$975,00042.13206DETACHD3
4760 DOGWOOD DR$995,000422288DETACHD7
1202 SPRUCE ST$1,075,00022.11778DETACHD7
18362 SW ANDUIN TER$1,099,00042.13548DETACHD3
589 RIDGEWAY RD$1,195,000421736DETACHD301
2831 VALE CT$1,199,900533219DETACHD14
5349 SOUTHWOOD DR$1,245,000433211DETACHD30
5707 RIDGETOP CT$1,335,000543752DETACHD1
135 MIDDLECREST RD$1,500,00032.12882DETACHD36
990 LUND ST$1,515,00043.13113DETACHD219
860 SKYLAND DR$1,759,900433527DETACHD41
1592 VIEW LAKE CT$2,095,000333341DETACHD48
2764 GLEN HAVEN RD$2,399,900443817DETACHD43

CLOSED/SOLD Mar 30-Apr 5, 2026

AddressOpeningClosed/SoldBedsBathsSFProp TypeDays
4 TOUCHSTONE DR #141$295,000$230,00022979CONDO155
218 CERVANTES, B$350,000$292,000211320CONDO147
3101 MCNARY PKWY 311$325,000$315,00032.11992ATTACHD34
33 ORIOLE LN$550,000$485,000221080DETACHD61
6300 SHAKESPEARE ST$718,800$675,000321248DETACHD114
132 KINGSGATE RD$685,000$685,00032.11974DETACHD7
3 MOUNTAIN CIR$750,000$705,000321603ATTACHD52
2164 SUMMIT DR$849,900$860,000322004DETACHD4
9 BERNINI CT$910,000$900,00032.13166DETACHD21
344 4TH ST$850,000$927,00022.11731ATTACHD4
3853 CARMAN DR$1,199,000$935,00032.12531DETACHD352
15915 WALUGA DR$1,149,000$1,149,00032.12939DETACHD6
1093 TYNDALL CT$1,998,000$1,500,00043.14547DETACHD514
2543 PALISADES CREST DR$1,795,000$1,785,00042.24020DETACHD17
18977 BARTON RD$1,799,000$1,799,00053.25076DETACHD13
18 Nansen Summit$2,995,000$2,250,00054.15640DETACHD241
13197 THOMA RD$2,695,000$2,500,000433560DETACHD12
13733 KNAUS RD$2,850,000$2,800,00043.14058DETACHD8

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).

South Shore Fire Station Open House

Not long after I bought my home in Palisades, we were awoken in the middle of the night by an explosion downstairs in the tuck-under garage…the boiler for the radiant heat system had reached the end of it’s life, but we had no idea what had happened. We were terrified, of course, and so grateful to open the door only a few minutes into the ordeal to several dashing Lake Oswego firefighters from the South Shore station who resolved the issue with aplomb.

Lake Oswego is protected by four fire stations covering various sections of the the town. The South Shore station is the oldest, having been built in 1971. The city has been looking into renovation options and it has been determined that replacing the existing structure is the best option for structural and safety reasons.

Come meet your local firefighters and take a tour of the existing South Shore Fire Station before it’s transformed! They’re holding an Open House on April 18th between 1 & 3PM. 1880 South Shore Blvd, Lake Oswego. Learn more about the project: HERE.

Market Activity ~ March 16-22, 2026

Last week Lake Oswego saw 22 properties enter the market, 19 move to Pending status, and 13 that Closed/Sold. Right now there are 214 homes available ranging from $220,000 to $8,900,000.

Here is the breakdown:

NEW March 16-22, 2026

AddressList PriceBedsBathsSFProp Type
66 OSWEGO / Grnd Lvl$220,00011764CONDO
4 TOUCHSTONE #150$230,00022984CONDO
45 EAGLE CREST DR #311$275,000221046CONDO
17 BRITTEN CT$589,90032.11972ATTACHD
5696 WINDFIELD LOOP$625,000221325DETACHD
19135 RED WING CT$675,000421326DETACHD
13340 AUBURN CT$749,50032.12306ATTACHD
121 WILBUR ST$875,000321631CONDO
12647 SW 21ST CT$969,90052.13192DETACHD
21 DEL PRADO ST$974,500433517DETACHD
17511 ERIN CT$989,900433162DETACHD
4361 ALBERT CIR$999,00042.12227DETACHD
2912 ORCHARD HILL PL$1,050,000543636DETACHD
2 ESSEX CT$1,088,000432849DETACHD
1464 GREENTREE CIR$1,119,000432264DETACHD
2831 VALE CT$1,199,900533219DETACHD
221 6TH ST$1,200,000321508DETACHD
611 RIDGEWAY RD$2,165,00045.14890DETACHD
1000 FOREST MEADOWS WAY$2,250,000444699DETACHD
2628 GLENMORRIE DR$2,475,000433112DETACHD
3525 LAKE GROVE AVE$3,600,00043.15007DETACHD
3537 LAKE GROVE AVE$3,800,00044.25036DETACHD

PENDING March 16-22, 2026

AddressList PriceBedsBathsSFProp TypeDays
3814 BOTTICELLI ST$307,000221055CONDO129
61 CHURCH ST$365,000221040CONDO20
5059 FOOTHILLS DR, E$429,80022991CONDO22
436 5TH ST$629,00021.11096CONDO201
19135 RED WING CT$675,000421326DETACHD3
5966 FROST LN$719,90042.12036DETACHD55
6050 FERNBROOK ST$759,900421546DETACHD125
1721 HIGHLAND DR$825,00042.12397DETACHD78
344 4TH ST$850,00022.11731ATTACHD4
121 WILBUR ST$875,000321631CONDO2
1269 ROCKINGHORSE LN$899,00032.12939DETACHD139
17511 ERIN CT$989,900433162DETACHD1
3853 CARMAN DR$999,00032.12531DETACHD352
1464 GREENTREE CIR$1,119,000432264DETACHD2
4077 BUCK BRUSH LN$1,170,000433710DETACHD5
5407 BAY CREEK DR$1,250,00052.13308DETACHD26
14030 EDENBERRY CT$1,675,00053.14025DETACHD4
72 NANSEN SUMMIT$1,699,00042.14485DETACHD55
16840 ALDER CIR$5,995,00054.14689DETACHD21

CLOSED/SOLD March 16-22, 2026

AddressOpeningClosedBedsBathsSFProp TypeDays
45 EAGLE CREST DR #219$289,900$215,000321646CONDO593
4000 CARMAN DR, A17$365,000$365,000221100CONDO3
420 S STATE ST$449,000$399,000211659CONDO242
111 KINGSGATE RD$535,000$535,000321548DETACHD5
1708 CONIFER DR$599,000$593,000321657DETACHD13
5093 SW GALEN ST$653,000$615,000221526DETACHD188
4963 SUNTREE LN$749,900$660,00022.11861DETACHD126
5271 CHINOOK CT$699,900$710,000321390DETACHD1
15540 PARTRIDGE DR$829,000$725,000432203DETACHD212
1604 COUNTRY CLUB RD$1,150,000$825,00043.13878DETACHD162
17738 KELOK RD$1,100,000$931,200532879DETACHD16
5834 RIDGETOP CT$1,148,900$1,140,00042.13376DETACHD6
13768 KNAUS RD$1,475,000$1,700,000422418DETACHD3

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 + LO ~ February 2026 Stats

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.

What a difference a month makes.  February data shows more Buyer activity than in the last 3 years. This influx of Buyers is evening out sale prices. The steep drop from December to January seems to have leveled out, with prices now looking more in the range of December’s. That said, some areas such as Hillsboro, NW Washington County and North Portland are seeing increases in price around $40,000 over December. **A note on Lake Oswego- You’ll see that the Average Sale Price also took quite a dip, but, as I always try to point out, with such a wide range of price options in Lake Oswego (Pight now between $185,000 and $8,500,000) there is no way to determine anything of value from the way the Average Price breaks down on a month by month basis (see Neighborhoods Report below). Sellers can expect relief from what has been the steadily-increasing Time on Market as well.

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)

Market Activity ~ March 2-8, 2026

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

AddressList PriceBedsBathsSFProp Type
5063 SW FOOTHILLS DR, F$459,90022991CONDO
18 WHEATHERSTONE$495,00032.11692CONDO
1490 HALLINAN ST$565,00031.11196DETACHD
4520 LOWER DR$615,00032.11750ATTACHD
17928 ROYAL CT$655,000321272DETACHD
639 1ST ST$725,00022.11391ATTACHD
344 4TH ST$850,00022.11731ATTACHD
17821 SUNDOWN CT$950,00042.13368DETACHD
535 2ND ST / Ground Lvl$974,900221025CONDO
16038 REESE RD$1,075,000433189DETACHD
12624 SW 22ND AVE$1,100,00043.13862DETACHD
4077 BUCK BRUSH LN$1,170,000433710DETACHD
15200 LILY BAY CT$1,350,00032.13260DETACHD
2484 MARYLSHIRE LN$1,350,00043.14005DETACHD
1200 FAIRWAY RD$2,500,00053.15021DETACHD
2147 GLENMORRIE LN$3,695,00055.16234DETACHD

PENDING March 2-8, 2026

AddressList PriceBedsBathsSFProp TypeDays
750 1ST ST, E31$200,00011902CONDO33
45 EAGLE CREST DR #219$234,900321646CONDO593
218 CERVANTES, B$305,000211320CONDO147
19138 PILKINGTON RD$595,00031.11086DETACHD16
100 LEONARD ST #3-2$650,000321736CONDO10
6300 SHAKESPEARE ST$685,000321248DETACHD114
1471 GREENTREE CIR$899,00042.12128DETACHD12
9 BERNINI CT$910,00032.13166DETACHD21
2 NANSEN SUMMIT$950,00042.12726DETACHD249
15915 WALUGA DR$1,149,00032.12939DETACHD6
13282 DEERFIELD CT$1,150,00042.13115DETACHD3
17920 MEADOWLARK LN$1,295,00032.12758DETACHD15
5094 DENTON DR$1,599,00043.13406DETACHD200
1093 TYNDALL CT$1,695,00043.14547DETACHD514
18977 BARTON RD$1,799,00053.25076DETACHD13
17700 UPPER CHERRY LN$4,799,00056.17189DETACHD21

CLOSED/SOLD March 2-8, 2026

AddressOpeningClosedBedsBathsSFProp TypeDays
57 GREENRIDGE CT$475,000$455,000221314ATTACHD38
5399 W SUNSET DR$575,000$570,000311064DETACHD3
5189 ROSEWOOD ST$699,950$655,00032.11544DETACHD287
6096 HARRINGTON AVE$665,000$660,000321153DETACHD25
19176 BENFIELD AVE$799,000$826,000321560DETACHD4
2704 ORCHARD HILL LN$877,700$877,700533177DETACHD11
4023 MELISSA DR$1,100,000$1,025,00042.12754DETACHD260
17623 BROOKHURST DR$1,495,000$1,410,00043.23844DETACHD10
707 1st ST$1,799,000$1,640,000333200CONDO16
16508 BONAIRE AVE$2,195,000$2,075,00043.23183DETACHD217
2151 CREST DR$2,950,000$2,300,00043.14358DETACHD230
1040 NORTHSHORE RD$4,500,000$4,500,00042.13323DETACHD0

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) .

Lunar New Year Celebration

TheYear of the Fire Horse is here!

You can enjoy festivities with Chinese Food, Arts & Crafts, Floral Arrangement Demonstrations, Drumming, Dance Performances, Musical Performances and a Lion Dance! Kids can decorate Red Envelopes & learn traditional ways to fold a dumpling. So much fun!

Head on over to Lakeridge High School from noon till 3:30 PM on Saturday, 2/28 and celebrate!

There is also a live stream of the events HERE starting at 2PM All this brought to you by the Lake Oswego Public Library!

Happy New Year!

Market Activity ~ Feb 16-22, 2026

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

AddressList PriceBedsBathsSFProp Type
4619 LAKEVIEW BLVD / Main$249,90011753CONDO
47 EAGLE CREST DR #49$249,95021932CONDO
5064 FOOTHILLS DR #23G$425,000221252CONDO
111 KINGSGATE RD$535,000321548DETACHD
19138 PILKINGTON RD$595,00031.11086DETACHD
3497 DEVONSHIRE DR$650,000321556ATTACHD
3 Oriole LN$700,00032.12128DETACHD
16444 BONAIRE AVE$759,900321392DETACHD
1471 GREENTREE CIR$899,00042.12128DETACHD
13276 DEERFIELD CT$1,275,00042.13066DETACHD
17920 MEADOWLARK LN$1,295,00032.12758DETACHD
5407 BAY CREEK DR$1,300,00052.13308DETACHD
4707 AVERY LN$1,395,00052.13093DETACHD
860 SKYLAND DR$1,759,900433527DETACHD
15986 PARKER RD$1,790,00043.13287DETACHD
18977 BARTON RD$1,799,00053.25076DETACHD
1190 BAYBERRY RD$1,875,00053.13160DETACHD
767 10TH ST$1,988,00044.14244DETACHD
1115 LARCH ST$1,995,00043.13526DETACHD
2764 GLEN HAVEN RD$2,399,900443817DETACHD
1849 CLOVERLEAF RD$2,400,00054.14186DETACHD
21 D AVE #14$2,575,00022.12246CONDO
6096 CARMAN DR$2,795,00055.14862DETACHD
1870 EGAN WAY$3,695,00044.14644DETACHD

PENDING Feb 16-22, 2026

AddressList PriceBedsBathsSFProp TypeDays
3101 MCNARY PKWY #11$325,00032.11992ATTACHD34
4463 THUNDER VISTA LN$369,00022.12000CONDO228
420 S STATE ST$399,000211659CONDO242
1764 BONNIEBRAE DR$595,00032.11893ATTACHD25
19060 Terry AVE$600,000321214DETACHD73
5093 SW GALEN ST$635,000221526DETACHD188
18914 LONGFELLOW AVE$635,00031.11232DETACHD4
3497 DEVONSHIRE DR$650,000321556ATTACHD2
4963 SUNTREE LN$675,00022.11861DETACHD126
15540 PARTRIDGE DR$735,000432203DETACHD212
19176 BENFIELD AVE$799,000321560DETACHD4
18434 SANDPIPER CIR$879,00042.11849DETACHD101
9 BERNINI CT$910,00032.13166DETACHD4
17738 KELOK RD$975,000532879DETACHD16
5834 RIDGETOP CT$1,148,90042.13376DETACHD6
17514 BROOKHURST DR$1,249,90042.13521DETACHD259
2825 DELLWOOD DR$1,695,00043.13535DETACHD22
21 D AVE #14$2,575,00022.12246CONDO0
13197 THOMA RD$2,695,000433560DETACHD12

CLOSED/SOLD

AddressOpeningClosedBedsBathsSFProp TypeDays
5300 COVENTRY CT$749,000$750,00032.12232DETACHD3
1280 Oak TER$775,000$765,000321685DETACHD13
5530 BAY CREEK DR$990,000$965,00042.12922DETACHD11
12723 ADRIAN CT$1,275,000$1,090,000433271DETACHD210
5239 MADRONA ST$1,199,000$1,150,000332881DETACHD4
1849 CLOVERLEAF RD$2,400,000$2,316,00054.14186DETACHD0

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 + LO ~ January 2026 Stats

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.

Well…there is a lot happening here.  In the overall Portland area, January prices dropped by similar amounts to how much they rose last year at the same time…up then $28,000 & now down $35,000 from the years prior (Jan 2024 & 2025), and up then $22,000 to down now $28,000 from the months prior (Dec 2024 & Dec 2025). So, prices are stabilizing from the highs of 2025 and the number of New Listings just rose an incredible 109.9% from December. Plenty of newness in the Portland area! I believe a lot of people took their homes off the market during the holidays and are putting them back on now, and from the 38.4% rise in Pending sales from Dec’25 to Jan ‘26 it appears Buyers are out taking advantage of the exciting trends in 2026.  This is great news for both Buyers and Sellers. Expect a busy Spring.

***Lake Oswego is one of the few areas of exception with steadily increasing home values over the last 3 months.

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)

Market Activity ~ Feb 2-8, 2026

Last week, Lake Oswego saw 13 properties enter the market, 17 move to Pending status, and 13 that Closed/Sold. Right now there are 204 properties available ranging from $179,500 to $8,900,000.

Here’s the breakdown~

NEW Feb 2-8, 2026

AddressList PriceBedsBathsSFProp Type
4405 THUNDER VISTA LN$320,00022.12002CONDO
4000 CARMAN DR, A17$365,000221100CONDO
16250 PACIFIC HWY #69$499,995221328CONDO
5399 W SUNSET DR$575,000311064DETACHD
580 2ND ST$850,00021.21464CONDO
808 3 ST, C2$869,00022.1999DETACHD
801 3rd ST$949,90032.11589DETACHD
17973 SAINT CLAIR DR$975,000433323DETACHD
668 MCVEY AVE #12$998,00031.1992CONDO
17738 KELOK RD$1,100,000532879DETACHD
49 BRIARWOOD RD$1,650,00032.13074DETACHD
815 E AVE$2,095,00033.12946DETACHD
2600 SUMMIT DR$6,900,00043.14864DETACHD

PENDING Feb 2-8, 2026

AddressList PriceBedsBathsSFProp TypeDays
81 OSWEGO SUMMIT$235,00011764CONDO19
344 CERVANTES CIR$248,80021.1912CONDO58
4000 CARMAN DR, A17$365,000221100CONDO3
1708 CONIFER DR$599,000321657DETACHD13
5189 ROSEWOOD ST$665,00032.11544DETACHD287
39 NOVA CT$715,00042.12457DETACHD5
2164 SUMMIT DR$849,900322004DETACHD4
808 3 ST, C2$869,00022.1999DETACHD0
6290 CARMAN DR$899,00041.11828DETACHD560
1604 COUNTRY CLUB RD$949,90043.13878DETACHD162
5530 BAY CREEK DR$990,00042.12922DETACHD11
17349 BANYAN LN$1,149,000432866DETACHD23
12 HIDALGO ST$1,335,000432784DETACHD225
17623 BROOKHURST DR$1,495,00043.23844DETACHD10
707 1st ST$1,799,000333200CONDO16
530 4th ST #9$2,100,18822.11859CONDO49
4401 COBB WAY$2,149,900443289DETACHD60

CLOSED/SOLD Feb 2-8, 2026

AddressOpeningClosedBedsBathsSFProp TypeDays
88 OSWEGO SMT / Main$205,000$200,00011764CONDO7
86 KINGSGATE RD #22$299,900$262,00022924CONDO120
6375 SW DAWN ST$625,000$480,00032.12080DETACHD61
4520 TRILLIUM WOODS$875,000$744,00032.11992ATTACHD238
6244 FROST LN$869,900$794,50043.12304DETACHD79
1951 GREENTREE RD$1,099,995$900,000332509DETACHD375
2703 GLEN EAGLES RD$1,095,000$945,000321554DETACHD98
2255 GLEN HAVEN RD$1,125,000$1,028,000332814DETACHD86
13920 SHIREVA DR$1,395,000$1,091,000533212DETACHD210
1685 FERNWOOD DR$1,399,900$1,375,000532630DETACHD2
4201 HAVEN ST$1,399,950$1,450,000442730DETACHD1
17367 CANAL CIR$2,300,000$1,950,00033.12551DETACHD225
2820 DELLWOOD DR$2,550,000$2,561,38354.14162DETACHD0

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) .