Homes in McVey-South Shore are taking time to sell, with a median of 190 days on the market in March 2026, up about 57 percent from the prior month and up 300 percent year over year. Even with this slower pace, conditions still lean toward sellers, as reflected in a seller's market gauge of 6.
Prices remain high, with a typical home value of about $1,170,755. That’s roughly 20.11 percent higher than a year ago, even after a 1.82 percent dip month over month. The median list price was close to $1,179,000 in March, but is projected to ease to around $1,027,500 in April.
Supply is limited, with only 4 active listings in March and inventory down 20 percent from the previous month and more than 69 percent from a year ago, and it is projected to tighten further to 3 homes. Sellers are still achieving strong results, with about 22 percent of recent sales closing above list price and an average sale-to-list ratio near 0.99. Compared with Lake Oswego as a whole, McVey-South Shore’s typical home value is significantly higher than the city’s $862,500, underscoring its premium pricing. In this kind of seller-leaning but slow-moving market, Agent Pronto can connect both buyers and sellers with an agent who understands how to navigate timing, pricing, and negotiation in McVey-South Shore.
