December 18, 2025 · Mark Reeves
2025 in Review: The Portland Metro Market
A look back at the year in Lake Oswego, West Linn, and Southwest Portland real estate — what changed, what held steady, and what it sets up for 2026.
As the year closes, it is worth stepping back from the month-to-month noise to see what 2025 actually told us about our market.
Steady, selective, and quality-driven
The headline for 2025 was steadiness. After several years of dramatic swings, the market found a more sustainable rhythm. Buyers stayed active but selective, rewarding homes that were well-prepared and accurately priced, and passing on those that were not. Sellers who treated their home like the asset it is — with real preparation, staging, and disciplined pricing — continued to see strong, timely results.
Lake Oswego and West Linn held value
In the neighborhoods we focus on, value held up well. First Addition, Lake Grove, Forest Highlands, and the West Linn hillsides all benefited from limited inventory, strong schools, and lasting demand. The homes that struggled were almost always the ones that skipped preparation or chased an inflated price — a reminder that fundamentals matter more than ever in a balanced market.
Looking toward 2026
We head into 2026 with a market that rewards discipline: get positioned early, price to the data, and present the home well. None of that is flashy, but it is what consistently produces the best outcomes. Thank you to every client who trusted us this year — we are grateful, and we are looking forward to what comes next.
Mark Reeves
Real Estate Broker
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