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Portland Metro Price Drops This Week: September 2, 2026

Weekly Portland Metro price alert: five selected listings with notable reductions—from Oswego canalfront and renovated Lake Oswego homes to new Northwest modern and a historic Portland Heights cottage.

This is a weekly, dated review of selected Portland Metro homes that have noteworthy price reductions. Each entry highlights why the property caught our attention and summarizes key details for buyers scanning the market.

These are chosen listings, not necessarily the five largest reductions across the whole market. The focus is on properties with features or changes that make a price move meaningful—waterfront access, permitted ADUs, new construction, distinctive architecture, or large private lots.

The listings and prices in this article were reviewed on September 2, 2026.

These homes were selected because they combine meaningful price changes with location, property features, condition, or overall buyer appeal compared with other homes in this week’s report.

Availability, pricing, incentives and property details can change at any time.


🏡 This Week’s Portland Metro Price Drops

AddressCurrent PriceOriginal PriceReduction From Original Price
18100 BRYANT RD Lake Oswego, OR 97034$819,950$849,950About $30,000
6375 SW DAWN ST Lake Oswego, OR 97035$1,149,000$1,349,000About $200,000
3125 NW Blue Sky LN Portland, OR 97229$1,145,000$1,550,000About $405,000
2700 SW ENGLISH LN Portland, OR 97201$1,395,000$1,495,000About $100,000
1300 TYNDALL CT Lake Oswego, OR 97034$1,425,000$1,550,000About $125,000

1. Renovated Mid-Century in Lake Oswego

Renovated Mid-Century in Lake Oswego

Address: 18100 BRYANT RD Lake Oswego, OR 97034
Current price: $819,950
Original list price: $849,950
Reduction from original price: About $30,000
Bedrooms: 3
Bathrooms: 1 full, 1 partial
Square feet: 1,425
Year built: 1955

Mid-Century Modern ranch on Oswego Lake’s main canal offering direct water access, a private dock and boat slip. The 3-bed, 1.5-bath home has 1,425 square feet, a skylight, a corner fireplace, a bonus room, and a light-filled open plan. The listing notes some photos were digitally enhanced. Uses pitched include primary residence, seasonal retreat, or rental investment.

Why I Picked This Home

Canal-front homes with private docks are uncommon. This property’s direct access to Oswego Lake, waterfront amenities and flexible layout give it strong lifestyle appeal for buyers prioritizing boating and lake access.


2. 1 Story Home in Lake Oswego

1 Story Home in Lake Oswego

Address: 6375 SW DAWN ST Lake Oswego, OR 97035
Current price: $1,149,000
Original list price: $1,349,000
Reduction from original price: About $200,000
Bedrooms: 3
Bathrooms: 3 full, 1 partial
Square feet: 2,080
Year built: 1965

Recently remodeled Lake Oswego home with three bedrooms plus a permitted ADU, totaling 2,080 square feet on roughly a quarter-acre lot. High-end kitchen finishes include Taj Mahal quartzite counters, KitchenAid appliances, a waterfall island and pot filler. The primary suite features floor-to-ceiling tile, heated floors and double vanities. Upgrades include new roof, electrical panel, laminate flooring, custom closet organizers and a long driveway with ample parking.

Why I Picked This Home

The permitted ADU expands occupancy options—guest quarters, multigenerational use or rental income. Combined with the extensive high-end kitchen and mechanical updates, the property targets buyers seeking turnkey living with flexibility.


3. Contemporary Home in NW HEIGHTS

Contemporary Home in NW HEIGHTS

Address: 3125 NW Blue Sky LN Portland, OR 97229
Current price: $1,145,000
Original list price: $1,550,000
Reduction from original price: About $405,000
Bedrooms: 4
Bathrooms: 3 full, 1 partial
Square feet: 3,554
Year built: 2025

Brand-new 2025 contemporary home on a private cul-de-sac adjacent to Forest Park. At about 3,554 square feet, the three-level design includes a main-floor open kitchen, dining and living area, den/office, mudroom, a ground-floor bedroom and large rec room. Top floor has a primary suite with balcony, two additional bedrooms and flexible living space. Notable features are covered outdoor living wired for gas, white oak floors, insulated concrete walls and central air.

Why I Picked This Home

New-construction quality next to a large natural area, plus substantial systems and energy-forward construction, make this appealing for buyers wanting modern finishes, outdoor-focused living and proximity to trails.


4. Cottage Home in Portland

Cottage Home in Portland

Address: 2700 SW ENGLISH LN Portland, OR 97201
Current price: $1,395,000
Original list price: $1,495,000
Reduction from original price: About $100,000
Bedrooms: 4
Bathrooms: 3 full
Square feet: 3,833
Year built: 1940

Storybook English cottage designed by Roscoe Hemenway and restored between 2022–2025. The 3,833-square-foot home sits on a .62-acre parcel and combines period character with modern upgrades: a chef’s kitchen with soapstone counters and premium appliances, refinished hardwoods, French-paned windows, extensive millwork, and expanded indoor-outdoor entertaining with decks, covered dining and skylights. The layout includes four bedrooms, media and family rooms, greenhouse and abundant storage.

Why I Picked This Home

Architectural provenance and a comprehensive, recent renovation set this property apart. The mix of historic design elements and high-end systems offers buyers a distinctive, restored example of classic Portland residential architecture.


5. Georgian Home in South Shore Estates

Georgian Home in South Shore Estates

Address: 1300 TYNDALL CT Lake Oswego, OR 97034
Current price: $1,425,000
Original list price: $1,550,000
Reduction from original price: About $125,000
Bedrooms: 5
Bathrooms: 3 full, 2 partial
Square feet: 4,209
Year built: 1989

Georgian-traditional home on roughly .88 acres in South Shore Estates with five bedrooms and multiple living suites. The 4,209-square-foot residence includes a main-level owner’s suite, an upstairs secondary suite, a sport court, covered patio and four-car parking. Recent investments exceed $300,000 and include a new roof, HVAC, on-demand water heater, upgraded windows, EV charger and refreshed interiors. Additional spaces include a workout studio and dance studio above the garage.

Why I Picked This Home

The expansive, park-like lot and multi-suite layout suit large households and entertainers. Significant recent capital improvements and specialized spaces—sauna, studios and sport court—underscore usable, family-oriented acreage.


What Buyers Should Know About Price Reductions

When evaluating price reductions, buyers should compare recent comparable sales, not just the list history, and factor in the property’s condition and scope of any needed repairs. Permits and quality of renovations (including ADUs) matter for resale and financing. Always order a thorough inspection, understand current financing costs and terms, and consider local demand and inventory levels—those market forces influence how meaningful a reduction actually is.

A price reduction can indicate seller motivation, but it can also mean that the original asking price was higher than the market supported.

The reduction itself is only one piece of the puzzle. Buyers should still review comparable sales, property condition, disclosures, inspection findings, financing terms and neighborhood demand before deciding how much value a price change actually creates.


Interested in One of These Homes?

If one of these properties caught your attention, I can send you the current listing details, photos, disclosures, showing availability and recent comparable sales.

Listing information is subject to change. Properties featured in this article may be listed by brokers other than Steven Tran and Diverse Realty Group.

Steven Tran
About the Author

Steven Tran

Steven Tran is a Portland-area real estate broker, investor and the creator of Portland Home Guide. He contributes local housing, relocation and market context to help readers make more informed decisions across Portland Metro and Southwest Washington.

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