Appreciation in Lake Oswego is up 13.7% during the last 12 months, despite the fact that Lake Oswego is Portland metro's most expensive area.
Homes continue to be in high demand and that's reflected in the average and median sales prices. Currently, the average sales price is $510,300 and the median sales price of a home is $441,000. From First Addition to Summit Ridge to Sexton Mountain and Fox Hills, homes in Lake Oswego are selling at a relatively quick pace.
Right now, the average days on market for a home to sell in Lake Oswego is 39 days.Overall, the average sales price of a home in the Portland metro area this year is $314,500 and the median sales price is $264,900.
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