Why Live in Glenmorrie
Glenmorrie, a neighborhood in Lake Oswego, Oregon, is known for its diverse architectural styles, including old-world Italian villas, French countryside estates, and modern luxury homes. The area is highly regarded for its educational opportunities, with access to the prestigious Lake Oswego School District. Local students can attend Hallinan Elementary School, Lakeridge Middle School, and Lakeridge High School, all of which have high ratings. Glenmorrie is an affluent neighborhood with homes typically ranging from $1.2 million to over $2 million, featuring unique amenities like pools, private tennis courts, and saunas. The neighborhood's curb appeal is enhanced by professional landscaping, with many homes offering views of Mount Hood.
Residents enjoy outdoor activities at Glenmorrie Park, which features a modern playground and green space. For those seeking a scenic jogging route, Old River Road provides a picturesque trail through evergreen forests to the Oswego Creek bridge and river beaches. Local amenities include Ovation Coffee and Tea, known for its handcrafted beverages with Moroccan spices, and nearby shopping options such as Walmart Neighborhood Market and New Seasons Market. Wine enthusiasts can visit Oswego Hills Vineyard for weekend tastings. Glenmorrie is conveniently located near Highway 14, providing easy access to Downtown Portland and Interstate 5, while Downtown Lake Oswego, just five minutes away, offers additional shopping, art, and dining options. The neighborhood is considered safer than the national average, making it a desirable place to live.
Home Trends in Glenmorrie, OR
On average, homes in Glenmorrie, Lake Oswego sell after 98 days on the market compared to the national average of 53 days. The median sale price for homes in Glenmorrie, Lake Oswego over the last 12 months is $1,650,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$1,650,000
Median Single Family Sale Price
$1,877,000
Average Price Per Sq Ft
$551
Number of Homes for Sale
5
Last 12 months Home Sales
11
Median List Price
$2,022,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-15%
