This is my weekly Portland Metro Price Alert, a short roundup of selected Portland-area homes that show meaningful price reductions. I pick a handful of listings each week to highlight structural updates, yard and garage features, financing notes and other details that matter when you’re comparing options.
These are selected properties, not a ranked list of the five largest reductions across the entire market. Think of this as a curated snapshot to help you spot configurations and systems that deserve a closer look during your search.
The listings and prices in this article were reviewed on August 26, 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
| Address | Current Price | Original Price | Reduction From Original Price |
|---|---|---|---|
| 1053 NORTHSHORE PL Lake Oswego, OR 97034 | $1,024,500 | $1,145,000 | About $121,000 |
| 8 GARIBALDI ST Lake Oswego, OR 97035 | $1,175,000 | $1,229,000 | About $54,000 |
| 14275 UPLANDS DR Lake Oswego, OR 97034 | $1,295,000 | $1,600,000 | About $305,000 |
| 2911 SW PLUM CT Portland, OR 97219 | $698,500 | $798,500 | About $100,000 |
| 2636 SW 64TH PL Portland, OR 97225 | $990,000 | $1,100,000 | About $110,000 |
1. Renovated Mid-Century in Country Club
Address: 1053 NORTHSHORE PL Lake Oswego, OR 97034
Current price: $1,024,500
Original list price: $1,145,000
Reduction from original price: About $121,000
Bedrooms: 3
Bathrooms: 2 full
Square feet: 1,196
Year built: 1966
Mid-century ranch a short walk from downtown Lake Oswego, refreshed and move-in ready. Vaulted ceilings and a brick fireplace anchor a light-filled great room with large triple-pane windows and three decks with composite decking. Kurisu-designed Japanese dry pond and trails shape the yard. Recent foundation carbon strapping with transferable warranty, new electrical panel, replumbed water lines, ductless HVAC and an oversized 22’ x 29’ garage.
Why I Picked This Home
This house combines authentic mid-century character and outdoor design by Kurisu Gardens with practical systems work—foundation warranty transfer, panel and plumbing updates—and an oversized garage plus an optional seller financing structure noted in the listing.
2. Contemporary Home in Lake Oswego
Address: 8 GARIBALDI ST Lake Oswego, OR 97035
Current price: $1,175,000
Original list price: $1,229,000
Reduction from original price: About $54,000
Bedrooms: 4
Bathrooms: 3 full
Square feet: 4,080
Year built: 2000
Northwest contemporary in Mountain Park with panoramic views of Mt. Hood, Mt. Jefferson and Mt. St. Helens. Walls of windows, vaulted ceilings and a chef’s kitchen with oversized island and walk-in pantry frame the scenery. The main level opens to a flat, walk-out backyard with mature landscaping and multiple outdoor living areas. Built-in systems include hydronic radiant floors, central air, an EV charger and extensive storage.
Why I Picked This Home
The combination of wide mountain views from nearly every main space and a truly level walk-out yard makes this a rare Mountain Park plan. Strong mechanicals—radiant heat and central AC—plus EV charging and generous systems add everyday convenience.
3. 2 Story Home in Lake Oswego
Address: 14275 UPLANDS DR Lake Oswego, OR 97034
Current price: $1,295,000
Original list price: $1,600,000
Reduction from original price: About $305,000
Bedrooms: 5
Bathrooms: 3 full
Square feet: 2,983
Year built: 2001
Custom two-story home on a .28-acre parcel with lake access and a shared boat easement. Nearly 3,000 square feet with five bedrooms, three baths, warm oak floors and cherry cabinetry. An exposed-beam great room with gas fireplace flows to covered and open patios. Kitchen includes a large island, walk-in pantry and natural gas range. Three-car garage with storage loft, irrigation and energy-conscious features like dual-pane windows and central air.
Why I Picked This Home
This property pairs lake access and a sizable three-car garage with almost 3,000 square feet of flexible living. The substantial $305,000 reduction highlights a listing to review closely if waterfront access and storage are priorities.
4. Daylight Ranch Home in INDIAN HILLS/ SW Portland
Address: 2911 SW PLUM CT Portland, OR 97219
Current price: $698,500
Original list price: $798,500
Reduction from original price: About $100,000
Bedrooms: 4
Bathrooms: 3 full
Square feet: 2,738
Year built: 1970
Updated daylight ranch in a cohesive mid-century enclave of SW Portland. The main level keeps original period touches such as mid-century tile in the foyer, while updates include new AC, carpet and lighting. Sliding doors connect the living room to a deck above an in-ground pool. The lower daylight level opens to the pool with a second living room, two bedrooms, a sauna/workout room and abundant storage.
Why I Picked This Home
Pool-level living with a dedicated sauna, original period details and a private, resort-like backyard give this home strong lifestyle appeal, especially for buyers prioritizing outdoor entertaining and multilevel indoor-outdoor flow.
5. Traditional Home in WEST SLOPE/RALEIGH HILLS
Address: 2636 SW 64TH PL Portland, OR 97225
Current price: $990,000
Original list price: $1,100,000
Reduction from original price: About $110,000
Bedrooms: 6
Bathrooms: 3 full, 1 partial
Square feet: 4,857
Year built: 1985
Expansive Tudor on a quiet cul-de-sac in West Slope with about 4,857 square feet, six bedrooms, three full baths and one half bath. Multiple decks and a large main-level kitchen open to outdoor living; the primary suite has a fireplace, soaking tub and private covered balcony. The lower level offers a complete second living area with its own kitchen, bedrooms and deck—useful for multigenerational living or extended stays.
Why I Picked This Home
The home’s scale and two complete living areas—each with kitchen access and private decks—make it highly flexible for multigenerational use or converting part of the house into rental or workspace, all on a .3-acre lot.
What Buyers Should Know About Price Reductions
A price reduction is only one data point. Buyers should review comparable sales, appraisals and local market demand, and factor in property condition revealed by inspections. Verify the scope and transferability of any structural or warranty work, confirm financing options—including seller financing or buydowns—and budget for repairs or deferred maintenance before writing an offer.
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
Oregon and Washington real estate broker serving Portland Metro and Southwest Washington. I work with relocation buyers, first-time and move-up buyers, investors and new construction clients.
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