LAKE OSWEGO, Ore. (KOIN) — Lake Oswego was ranked the most expensive housing market in Oregon by a new report from Coldwell Banker published on Thursday.

The report found Lake Oswego’s average home listing price was $625,862.

Coldwell Banker’s report also found that Klamath Falls was the most affordable housing market in the Beaver State with an average home listing price of $229,651.

The real estate company looked at 19 different real estate markets in Oregon to make its report.

“The data provided in this report does not come as a surprise, as the Lake Oswego area is consistently ranked at the top in price point, regardless of the market conditions,” said David Sly, principal managing broker of Coldwell Banker Seal – Lake Oswego.

He continued, “I believe this is driven by the local community, the schools and it’s proximity to Portland’s urban core. Our schools are top notch and are one of the main driving factors of families moving to our community, thus the demand for housing in Lake Oswego is always there, always has been and more than likely always will be.”

The chart below shows the top 10 most expensive markets in Oregon.