One of the most beautiful and sought-after addresses in Oregon, Lake Oswego offers a quality of life that is second to none. The flourishing city has a population of 35,000, centered on the lake and bordered by the Willamette River, offering wonderful views and great walks.

Since the 1930s, Lake Oswego has been one of the great suburbs of Portland, exhibiting charming architecture and a variety of recreational opportunities. Lake Oswego boasts some 1,194 acres of parks and trails, public and private golf courses, and a beautiful river, making the community a pleasant retreat. Portland's urban amenities are minutes away by car or bus. The northeast corner of Lake Oswego is home to Tryon Creek State Park, the only state park in Oregon that is located within a major metropolitan area.

Education is highly valued in this community. Lake Oswego's schools rate among the best in the state, with more than 80 percent of high school students going on to attend college. All 13 schools in the Lake Oswego school district receive "exceptional" and "strong" ratings. A variety of preschools, private schools, and even colleges and universities add to the list of opportunities.

Lake Oswego's housing ranges from the modest to the extraordinary and offers a variety of architectural styles including Old English homes from the early 1900s, Tudors, contemporary styles, and new developments. Residents enjoy a range of living environments: large estates on beautiful acreages, amazing riverfront property, single-family homes in lovely residential areas, condos, townhouses, and apartments.

Lake Oswego 2007 Home Prices

•   Average price for homes sold in Lake Oswego in 2007:   $595,353
•   Median price for homes sold in Lake Oswego in 2007:   $485,000
•   2007 price appreciation in Lake Oswego:   5%
•   5-year price appreciation in Lake Oswego:   73%
•   2007 metro area home prices:   The average price was $342,900 (6.3% appreciation from 2006) and the median price was $290,000 (7.2% appreciation from 2006).