Merry Christmas & Happy Holidays!!!

Whether you celebrate Christmas, Kwanzaa, Hanukkah, Solstice or a combination, Dianne and I wish you a peaceful & cozy holiday filled with warmth and loved-ones.

We’re taking a little break as we always do, and will catch you up with all the happenings in a couple of weeks.

Happy Holidays!

Linda and Dianne

Market Activity ~ Dec 15-21, 2025

Last week Lake Oswego saw 5 properties enter the market (New), 10 move to Pending status, and 8 that Closed/Sold & will enjoy welcoming their new inhabitants for th holidays! Right now there are 180 homes available ranging from $194, 000 to $8,900,000.

Here is the breakdown:

NEW Dec 15-21, 2025

AddressList PriceBedsBathsSFProp Type
48 EAGLE CREST DR, 3E$299,000$221554CONDO
14390 CAMDEN LN$835,000$42.12224DETACHD
530 4th ST, #9$1,490,000$22.11986CONDO
21 D AVE, #2$2,100,188$22.11859CONDO
21 D AVE, #5$2,190,000$22.12020CONDO

PENDING Dec 15-21, 2025

AddressList PriceBedsBathsSFProp TypeDays
668 MCVEY AVE #83$335,000$21.1992CONDO576
213 OSWEGO SUMMIT, Bldg 25$349,000$221383CONDO182
20 SUMMIT RIDGE CT$449,000$22.11704ATTACHD161
6375 SW DAWN ST$531,250$32.12080DETACHD61
1589 BOCA RATAN DR$564,900$321611ATTACHD148
6244 FROST LN$849,900$43.12304DETACHD79
16636 MAPLE CIR$1,195,000$322030DETACHD97
17634 BROOKHURST DR$1,248,000$43.13653DETACHD85
530 4th ST #9$2,100,188$22.11859CONDO0
2101 GOODALL CT$2,395,000$44.14290DETACHD94

CLOSED/SOLD Dec 15-21

AddressOpeningClosed/SoldBedsBathsSFProp TypeDays
100 KERR PKWY #34$273,500$259,900$22823CONDO62
47 EAGLE CREST DR #59$270,000$260,000$221024CONDO125
38 MORNINGVIEW CIR$864,995$751,000$432408DETACHD208
1467 GREENTREE CIR$779,000$769,000$321940DETACHD14
3777 RIVERS EDGE DR$1,199,000$1,050,000$41.12875DETACHD118
2306 MAYORS LN$1,350,000$1,190,000$534417DETACHD104
1865 PALISADES LAKE CT$1,795,000$1,560,000$53.13890DETACHD165
1750 NORTHSHORE RD$4,950,000$4,200,000$32.13302DETACHD553

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) .

Market Activity ~ Dec 1-7, 2025

Last week Lake Oswego saw 12 properties enter the market, 6 move to Pending status and 12 that Closed/Sold. Right now there are 208 homes available ranging from $179,000 to $9,950,000.

Here is the breakdown~

NEW Dec 1-7, 2025

AddressList PriceBedsBathsSFProp Type
47 EAGLE CREST DR 315$225,000211009CONDO
3816 BOTTICELLI ST$284,900221055CONDO
21 ORIOLE LN$550,000221489DETACHD
3 MOUNTAIN CIR$750,000321603DETACHD
312 G AVE, C6$799,00022.1998CONDO
5845 RIDGETOP CT$815,000432340DETACHD
765 CLARA CT$825,000332496DETACHD
233 E AVE, E$975,00032.11589DETACHD
16901 KARA LN$1,999,90041.33684DETACHD
4401 COBB WAY$2,149,900443289DETACHD
530 4th ST #13$2,166,87522.11815CONDO
3220 Southshore BLVD$3,495,000333462DETACHD

PENDING Dec 107, 2025

AddressList PriceBedsBathsSFProp TypeDays
54 Oswego Summit #54$205,00011700CONDO27
50 TOUCHSTONE$699,000321936DETACHD67
630 RIDGEWAY RD$1,599,00043.12880DETACHD93
530 4th ST #13$2,166,87522.11815CONDO0
15948 TWIN FIR RD$2,950,00054.15437DETACHD189
2254 KNAUS RD$4,275,00045.17366DETACHD13

SOLD/CLOSED Dec 1-7, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
2051 BONNIEBRAE DR$399,000$318,00021.11008ATTACHD85
222 RIDGEWAY RD, Grnd Lvl$325,000$335,00011756CONDO15
1410 Woodland TER$859,000$700,000432960DETACHD36
17401 HILL WAY$697,000$706,000321634DETACHD6
1520 CHERRY CREST AVE$819,900$736,93532.11796DETACHD77
12 MORNINGVIEW LN$799,950$785,00032.12730ATTACHD96
17901 HILLSIDE DR$900,000$875,000422914DETACHD37
731 CLARA CT$929,900$900,00042.12700DETACHD47
2651 LOOKOUT CT$1,130,000$1,050,00042.12472DETACHD91
5952 SUNBROOK DR$1,375,000$1,345,00042.12928DETACHD3
5650 LAKEVIEW BLVD$1,849,000$1,636,500433502DETACHD229
455 G AVE$3,585,000$3,425,00053.14819DETACHD183

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) .

Market Activity ~ Nov 17-23. 2025

Last week in Lake Oswego there were 5 properties that entered the market, 13 moving to Pending status and 13 that Closed/Sold. Right now there are 212 homes available ranging from $179,000 to $9,950,000.

Here is the breakdown:

NEW Nov 17-23, 2025

AddressList PriceBedsBathsSFProp Type
100 KERR PKWY #30$199,00011617CONDO
57 GREENRIDGE CT$475,000221314ATTACHD
9 BRITTEN CT$650,00032.11972ATTACHD
13932 SUNDELEAF DR$1,149,90032.13068DETACHD
2254 KNAUS RD$4,275,00045.17366DETACHD

PENDING Nov 17-23, 2025

AddressList PriceBedsBathsSFProp TypeDays
90 WHEATHERSTONE PL / Main$524,90032.11692CONDO48
17401 HILL WAY$697,000321634DETACHD6
38 MORNINGVIEW CIR$789,000432408DETACHD208
4280 BERNARD ST$825,00042.12383DETACHD7
731 CLARA CT$914,90042.12700DETACHD47
1405 CHERRY CREST AVE$998,00032.13138DETACHD233
135 FURNACE ST #22$1,199,00022.11927CONDO12
1700 WOODLAND TER$1,249,99842.12558DETACHD5
16878 CANYON DR$1,325,00042.12750DETACHD389
3730 UPPER DR$1,500,000422752DETACHD229
4241 Cobb WAY$1,898,00043.13397DETACHD70
455 FURNACE ST$1,899,00043.13856DETACHD3
3548 LAKEVIEW BLVD$6,475,00043.26919DETACHD176

SOLD Nov 17-23, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
71 OSWEGO SUMMIT / Upper$278,000$275,000221140CONDO62
59 Oswego Summit / Upper$299,000$289,000221140CONDO28
5665 BONITA RD$795,000$625,000211200DETACHD125
2424 GLENMORRIE DR$765,000$720,000311440DETACHD96
17360 ALPINE WAY$824,900$900,000533085DETACHD5
5037 PARKHILL ST$1,395,000$1,200,00052.13289DETACHD106
18541 WAXWING WAY$1,000,000$1,225,00032.12048DETACHD5
5437 ROSALIA WAY$1,295,000$1,295,00042.13369DETACHD4
4300 ORCHARD WAY$1,295,000$1,310,000533229DETACHD2
700 PEBBLE BEACH CT$1,595,000$1,425,000422527DETACHD68
17595 KELOK RD$2,975,000$2,325,000543957DETACHD151
3140 SW CHILDS RD$3,400,000$2,930,00056.16522DETACHD170
2406 GLEN EAGLES RD$4,150,000$4,499,90055.15608DETACHD597

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) .

Happy Thanksgiving!!!

We wish for you a long weekend of relaxing time with family and friends. We all have so much to be grateful for, and Dianne and I are grateful for YOU! ~  Happy Thanksgiving from us at the Property Blotter. ~

Portland Area Oct 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.

November 16, 2025

The news is in some of the changes from Sept to Oct this year: Closed sales up 13.2%, and Average Sale Price down $10,900. Inventory dipped just a bit but it’s staying relatively steady & at least up some from last year. N, NE, SE and Gresham area as well as Hillsboro area are all on a steady 3-month trajectory downward in price. ***I tell people every year at this time that it can be the best time of year to buy a home due to prices and the general willingness of people to be more open to negotiating on price or terms with Sellers trying to get things done before the holidays and/or the end of the year.

Rates: “I expect volatility as economic reports are released after the government shutdown. Rates are currently hanging in the low 6% range.” Gary Boyer, Certified Mortgage Planner, Premier Mortgage Resources

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

  • There were 2,366 New Listings in October which increased 3.6% from the 2,283 in Oct 2024, & decreased 5.3% from the 2,498 in the previous month/Sept.
  • At 2,066 October 2025’s Closed Sales (Solds) are up 4.6% from Oct 2024’s 1,975, and up 13.2% from the previous month’s total of 1,825.
  • At 1,988 October’s Pending Sales (Accepted Offers) are down 1.5% from Oct 2024’s 2,018, and down 7.3% from the previous month/September’s total of 2,145 Accepted Offers.
  • The Average Sale Price for October 2025 of, $606,000 is up $1,800. from last year /October 2024’s $604,200, and down a whopping $10,900 from the p­­revious month/Sept’s $616,900. 
  • The “Median Sale Price” (the price smack dab in the middle of all sales) in October 2025 of $540,000 is unmoved from October 2024’s $540,000, & down $5,000 from the previous month’s $545,000.    

LAKE OSWEGO: (Month of October ’25)

389 Active Listings (Sep 418)
112 New Listings  (Sep 120)
91 Pending Sales (Sep 97)
89 Closed Sales  (Sep 88)
Average Sale Price for October: $1,151,100 (Sep $1,241,100)
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.
84 Days on the Market   (Aug 62)

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

Market Activity ~ Nov 3-9, 2025

Last week Lake Oswego welcomed 15 New properties to the market, saw 8 move to Pending status, and 12 that Sold/Closed and those averaged 66 days on the market. Right now there are 241 homes available ranging from $199,000 to $9,950,000.

Here is the Breakdown:

NEW Nov 3-9, 2025

AddressList PriceBedsBathsSFProp Type
54 Oswego Summitb #54$205,00011700CONDO
15947 TWIN FIR RD$795,00031.51308DETACHD
600 MAPLE ST$815,00032.12331DETACHD
18434 SANDPIPER CIR$900,00042.11849DETACHD
804 3rd ST, C1$969,00023998DETACHD
124 D AVE$975,00022.11754ATTACHD
1269 ROCKINGHORSE LN$1,024,00032.12939DETACHD
135 FURNACE ST #22$1,199,00022.11927CONDO
5952 SUNBROOK DR$1,375,00042.13164DETACHD
1300 TYNDALL CT$1,550,00053.24209DETACHD
762 LAKE FOREST DR$1,750,000432808DETACHD
12850 ALTO PARK RD$2,499,90054.14169DETACHD
2560 GLEN EAGLES PL$2,999,90054.14403DETACHD
964 COUNTRY COMMONS LN$3,699,90054.14978DETACHD
18418 OLD RIVER LNDG$6,895,00064.48077DETACHD

PENDING Nov 3-9, 2025

AddressList PriceBedsBathsSFProp TypeDays
1520 CHERRY CREST AVE$763,20032.11796DETACHD77
639 2nd ST$849,50022.11457ATTACHD26
6 FALSTAFF ST$849,900533234DETACHD336
17901 HILLSIDE DR$900,000422914DETACHD37
18541 WAXWING WAY$1,000,00032.12048DETACHD5
5328 LOWER DR$1,085,00042.12600DETACHD98
642 IRON MOUNTAIN BLVD$1,699,00043.14303DETACHD53
2406 GLEN EAGLES RD$4,499,90055.15608DETACHD597

CLOSED/SOLD Nov 3-9, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
86 KINGSGATE RD, A202$309,000$280,00022849CONDO89
4000 CARMAN DR #12$295,000$290,00022866CONDO154
196 RIDGEWAY RD$529,000$408,000321659CONDO224
4868 LAKEVIEW BLVD$519,000$529,000211106DETACHD11
4211 WOODSIDE CIR$599,000$630,000321688ATTACHD2
13753 PROVINCIAL HILL DR$915,000$911,00042.12005DETACHD3
556 8TH ST$800,000$965,000211475DETACHD7
18280 DELENKA LN$1,329,900$1,125,00053.14595DETACHD144
5355 ROSALIA WAY$1,695,000$1,715,00043.14147DETACHD2
4421 UPPER DR$2,224,900$2,133,000443347DETACHD42
168 PINE VALLEY RD$2,395,000$2,200,00054.15007DETACHD72
4340 CHAPMAN WAY$2,400,000$2,300,000544100DETACHD42

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) .

Miracle on 34th St Begins!

One of the fantastic things about life in Lake Oswego is the Lakewood Center for the Arts. This local gem continues to supply the community opportunities to enjoy a multi-arts program coordinating education and cultural programming in visual arts theater & community events. Coming up on November 7th and running through December 14th you’ll have the chance to get your holiday juices flowing with this theater presentation of Miracle on 34th St. CLICK HERE for more information and to purchase tickets!

Market Activity ~ Oct 20-26, 2025

Last week Lake Oswego saw 6 properties enter the market… and the funny thing is that 5 of them went Pending in the same week. That tells me there are Buyers out there and they’re watching what’s on the market… When you prepare a home nicely, price it just right, and it is new to the market, it tends to move, so Bravo to those Sellers! It also tells me what price range people are honing in on right now…one of the fast-movers was $1,695,000 but the rest were $599,000 to $824,900. There were a total of 10 that went Pending and the current number of homes available in Lake Oswego is 246 with a price range of $199,000 to $9,950,000.

Here is the breakdown:

NEW Oct 20-26, 2025

AddressList PriceBedsBathsSFProp Type
19222 BENFIELD AVE$599,000$321376DETACHD
4971 LAKEVIEW BLVD$725,000$321433DETACHD
17855 DEERBRUSH AVE$749,000$431821DETACHD
17360 ALPINE WAY$824,900$533085DETACHD
16 OTHELLO ST$1,069,900$532820DETACHD
5355 ROSALIA WAY$1,695,000$43.14147DETACHD

PENDING Oct 20-26, 2025

AddressList PriceBedsBathsSFProp TypeDays
71 OSWEGO SUMMIT / Upper$278,900$221140CONDO62
59 Oswego Summit / Upper$299,000$221140CONDO28
20 SUMMIT RIDGE CT$475,000$22.11704ATTACHD104
18581 TIMBERGROVE CT$650,000$421894DETACHD177
17855 DEERBRUSH AVE$749,000$431821DETACHD2
6 WESTMINSTER DR$849,000$42.12772DETACHD21
5037 PARKHILL ST$1,225,000$52.13289DETACHD106
16158 Parker RD$1,595,000$42.12866DETACHD32
5355 ROSALIA WAY$1,695,000$43.14147DETACHD2
4421 UPPER DR$2,179,900$443347DETACHD42

SOLD/CLOSED Oct 20-26, 2025

AddressOpeningClosedBedsBathsSFProp TypeDays
16536 INVERURIE RD$615,000$600,000$311064DETACHD23
16244 SW KIMBALL ST$698,500$602,000$321776DETACHD82
1 ICARUS LOOP$799,900$805,000$42.12827DETACHD20
47 TANGLEWOOD DR$850,000$865,000$43.13084DETACHD3
672 1ST ST$998,000$990,000$22.11986CONDO6
2025 WEMBLEY PARK RD$1,099,000$1,060,000$32.12901DETACHD22
17720 WESTVIEW DR$1,300,000$1,100,000$533610DETACHD55
875 LEE ST$1,998,900$1,400,000$43.13593DETACHD209
14511 PFEIFER DR$1,485,000$1,425,000$42.13422DETACHD17

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 Sept 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.

Oct 18, 2025

Pricing Trends: N and SE Portland are showing steady downward movement in price during the last 3 months. NE Portland bumped up a bit in August but is also down price-wise from July. NW Portland is also on a steady 3-month trajectory downward in price, whereas West Portland & Lake Oswego are in a steady upward 3-month trend. The Gresham/ Troutdale area continues to be the metro area’s best bang for your buck as a Buyer. Common understanding is that all this movement is due to tumult over interest rates. We’ll see what happens the next few months as rates are expected to decline.

Rates:   The 30 year conventional rate is hovering around 6.5%.  The bond market expects the Federal Reserve to announce a .25 point reduction to Federal Funds discount rate at their next meeting on October 29th.                                                    

Gretchen Russell, Senior Mortgage Consultant, Two Rivers Mortgage.

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

  • There were 2,498 New Listings in September which decreased 3.5% from the 2,076 in Sept 2024, & increased 0.9% from the 2,476 in the previous month/August.
  • At 1,825 September 2025’s Closed Sales (Solds) are up 7.2% from Sept 2024’s 1,702, and down 9.7% from previous month’s total of 2,021.
  • At 2,145 September’s Pending Sales (Accepted Offers) are up 3.3% from Sept 2024’s 2,076, and down 5.7% from the previous month/August’s total of 2,275 Accepted Offers.
  • The Average Sale Price for September 2025 of, $616,900 is down just $300. from last year/August 2024’s $617,200, and down $3,600 from the p­­revious month/August’s $620,500. 
  • The “Median Sale Price” (the price smack dab in the middle of all sales) in September 2025 of $545,000 is up $4,000 from September 2024’s $541,000, & down $5,000 from the previous month’s $550,000.    

LAKE OSWEGO: (Month of September ’25)

418 Active Listings (Aug 433)
120 New Listings  (Aug 140)
97 Pending Sales (Aug 119)
88 Closed Sales  (Aug 117)
Average Sale Price for Sept: $1,241,100 (Aug $1,095,800)
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.
62 Days on the Market   (Aug 81)

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