First Addition neighborhood in Lake Oswego OR

Lake Oswego’s First Addition Real Estate Market Update:

first addition homes in lake oswegoThis week is always a great week to take a look at what is happening in the lull of the holidays. First Addition is always very popular among Lake Oswego neighborhoods.  People tend to like it because it is in the heart of the city and is also quite charming and walkable.

There are 6 First Addition homes for sale currently in the RMLS.  This does not account for pocket listings or FSBOs so call us if you need further information on those.  These Lake Oswego First Addition properties range in list price from $379,000 to $937,000 with a median list price of $549,000 and an average dollar per square foot of $303.  Average days on market is 130 days with a range of 22 to 209 days and median days on market of 165.

There are 2 Pending First Addition homes in the MLS – priced at $589,500 and $755,000 with a median days on market of 54 days and average dollar per square foot of $359.

In the last 30 days, 23 First Addition homes have sold in the RMLS! These range in sold price from $275,000 to $1,142,058 with a median sold price of $465,000, a median days on market of 50 days and a average dollar per square foot of $273. The list prices on these ranged from $279,900 to $1,239,000.

Details for actives and pending First Addition listings are as follows: First Addition Real Estate Numbers

Details of the First Addition homes that have sold in the last 30 days:  First Addition Homes Sales Details


Please call/text Lake Oswego Realtor Brian Olsen at Cooper Jacobs Real Estate if you want more information about First Addition or other Lake Oswego neighborhoods. 503-853-5503 or email him at