The Portland Neighborhood Specialist

The Portland Neighborhood Specialist

Linda Rossi - August 15, 2018

 

NE & SE Portland are my backyard & where family & some of my favorite people reside. I also specialize in Lake Oswego & SW Portland from my 10 years of living and working there (check out www.PropertyBlotter.com ). I've been comfortably ensconced in the Alberta Arts neighborhood  of NE Portland for some time now, and lived for many years in the Hollywood District before that. Alameda, Sabin and Irving Park are on my daily routes. Piedmont is where I enjoy the roses, and Mississippi is where I love to stroll & pick up odds & ends at the ReBuilding Center. NW Portland is where I practice yoga and meet friends for movies at my favorite theater...Cinema 21 (they have real butter!). I also love helping clients all over North Portland and in St Johns where my husband has an all-natural dog & cat food & supply company...Tre Bone!  Let me put my deep knowledge of Portland neighborhoods and 14 years of experience to work for you!

News & Notes ~ July 2018

Linda Rossi – August 15, 2018

 

Activity overall is mixed in the Portland area in relation to 2017, and the general consensus is that the market is leveling out a bit.  Here is your look at the most recent data for the entire Portland area (July) and broken out by neighborhoods just below:

According to the RMLS Market Action Report for the Portland Metro Area, July, 2018:  

  • There were 4,312 New Listings in July 2018 which was up 2.6% from July of 2017’s 4,202, and down 4.5% from the previous month/June of 2018’s total of 4,515.
  • At 2,736, July Closed Sales fell 2.0% from July 2017’s 2,793, and/but were also down 7.1 % from the previous month/June 2018’s total of 2,946.
  • July’s Pending Sales (accepted offers), at 3,071 were up slightly at  1.0% from July of 2017’s 3,040, and were also up 0.4% from the previous month/June 2018’s total of  3,059.
  • The Average Sale Price in July of $455,100 was up $7,700 from July 2017’s $447,400, and down from the previous month/June 2018’s $472,400 by $17,300.   

Neighborhoods: July’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $415,900              6.7%   (June 430,100)
  • NE Portland:  $467,400                    4.8%   (June 490,000  )
  • SE Portland:  $425,400                     6.9%   (June 443,600)
  • Gresham/Troutdale:   $361,500   10.5%   (June 357,900)
  • Milwaukie/Clackamas:  $427,400 5.5%   (June 434,100  )
  • Oregon City/Canby:   $439,400      7.4%   (June 434,100)
  • Lake Oswego/West Linn:$689,700 6.3%  (June 685,700)
  • West Portland:    $591,000              1.4%   (June 635,600)
  • NW Wash County:  $552,500          4.5%   (June 572,200)
  • Beaverton/Aloha:     $383,600        7.9%   (June 400,100 )
  • Tigard/Wilsonville:   $452,700        8.6%   (June 481,500 )
  • Hillsboro/Forest Grove: $403,100 8.5%   (June 409,900)

New & Notes ~ June 2018 Numbers

Linda Rossi – July 18, 2018

 

News & Notes ~ June 2018

What a difference a month makes! Overall we’ve seen a little slowing from last year, but a bit mixed with New Listings up 2.7%, Pending Sales down 1.7%, and Closed Sales down 2.2%.

Here is your look at the most recent data for the entire Portland area (June):

  • According to the RMLS Market Action Report for the Portland Metro Area, June, 2018:
    • There were 4,515 New Listings in June 2018 which was down 4.7% from June of 2017’s 4,739, and down 3.2% from the previous month/May of 2018’s total of 4,665.
    • At 2,946, June Closed Sales fell  7.6% from June 2017’s 3,187, and/but were up 5.1 % from the previous month/May 2018’s total of 2,803.
    • June’s Pending Sales (accepted offers), at 3,059 dropped 6.0% from June of 2017’s 3,254, and were also down 4.4% from the previous month/May 2018’s total of  3,201.
    • The Average Sale Price in June of $472,400 was up $31,800 from June 2017’s $440,600, and also up from May 2018’s $460,700 by $11,700.   

Neighborhoods: June’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $430,100               6.7%   (May 418,700)
  • NE Portland:  $490,000                     7.0%   (May 504,700)
  • SE Portland:  $443,600                      6.7%   (May 404,900)
  • Gresham/Troutdale:   $357,900    10.4%   (May 346,000)
  • Milwaukie/Clackamas:  $434,100  6.6%   (May 427,900)
  • Oregon City/Canby:   $434,100       7.1%   (May 435,800)
  • Lake Oswego/West Linn:$685,700 8.8%   (May 718,200)
  • West Portland:    $635,600               1.7%   (May 603,300)
  • NW Wash County:  $572,200           5.2%   (May 564,500)
  • Beaverton/Aloha:     $400,100         8.8%   (May 388,700)
  • Tigard/Wilsonville:   $481,500         9.1%   (May 471,700)
  • Hillsboro/Forest Grove: $409,900   9.1%   (May 397,400)

News & Notes ~ May 2018 Numbers

 Linda Rossi – June 25, 2018

Happy Summertime!

Here is your look at the most recent data for the entire Portland area (May):

According to the RMLS Market Action Report for the Portland Metro Area, May, 2018:

  • There were 4,665 New Listings in May 2018 which was up 6.3% from May of 2017’s 4,388, and up 16.9% from the previous month/April of 2018’s total of 3,990. ***This was the strongest may for New Listings since 2008 when the number was 5,182.
  • At 2,803, May Closed Sales fell  3.2% from May 2017’s 2,896, and/but were up 11.1% from the previous month/April 2018’s total of 2,523.
  • May’s Pending Sales (accepted offers), at 3,201 dropped 6.8% from May of 2017’s 3,435, but were up 6.4% from the previous month/April 2018’s total of 3,008
  • The Average Sale Price in May of $460,700 was up $20,500 from May 2017’s $440,200, and also up from April 2018’s $452,000 by $8,700.   

Neighborhoods: May’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $418,700             5.7%   (Apr 428,500)
  • NE Portland:  $504,700                   7.0%   (Apr 491,000 )
  • SE Portland:  $404,900                    7.3%   (Apr 422,400)
  • Gresham/Troutdale:   $346,000  10.9%   (Apr 348,400)
  • Milwaukie/Clackamas:  $427,900 8.3%   (Apr 430,200 )
  • Oregon City/Canby:   $435,800      7.4%   (Apr 419,300)
  • Lake Oswego/West Linn:$718,200 7.5%   (Apr 630,500)
  • West Portland:    $603,300             1.2%   (Apr 598,800)
  • NW Wash County:  $564,500          5.0%   (Apr 525,700)
  • Beaverton/Aloha:     $388,700        8.9%   (Apr 394,600)
  • Tigard/Wilsonville:   $471,700        8.8%   (Apr 491,900)
  • Hillsboro/Forest Grove: $397,400 8.4%   (Apr 389,700)

News & Notes ~ April 2018 Numbers

Linda Rossi – May 23, 2018

Bringing you an inside look at the most current data available on the Portland area. We’re up across the board from last year and the previous month with the exception of Pending sales which took a tiny dip from March. Make sure to check out your neighborhood below.

Here you go!

  • According to the RMLS Market Action Report for the Portland Metro Area, April, 2018:
    • There were 3,990 New Listings in April 2018 which was up 6.1% from April of 2017’s 3,759, and up 9.4% from the previous month/March of 2018’s total of 3,648.
    • At 2,523, April Closed Sales were up 13.7% from April 2017’s 3,088, and up 6.4% from the previous month/March 2018’s total of 2,371.
    • April’s Pending Sales (accepted offers), at 3,008 dropped 2.6% from April of 2017’s 3,043, but were up 3.9% from the previous month/March 2018’s total of 2,894
    • The Average Sale Price in April of $452,000 was up $23,200 from April 2017’s $428,800, and also up from March 2018’s $445,900 by $6,100.   

Neighborhoods: April’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $428,500               6.0%   (Mar 438,700)
  • NE Portland:  $491,000                     7.6%   (Mar 478,900)
  • SE Portland:  $422,400                      7.7%   (Mar 418,600)
  • Gresham/Troutdale:   $348,400    11.6%  (Mar 356,400)
  • Milwaukie/Clackamas:  $430,200  8.7%   (Mar 423,400)
  • Oregon City/Canby:   $419,300      6.5%   (Mar 396,500)
  • Lake Oswego/West Linn:$630,500 6.6%  (Mar 631,100)
  • West Portland:    $598,800              2.3%   (Mar 597,200)
  • NW Wash County:  $525,700          6.1%   (Mar 550,200)
  • Beaverton/Aloha:     $394,600        9.0%   (Mar 386,000)
  • Tigard/Wilsonville:   $491,900        8.4%   (Mar 456,700)
  • Hillsboro/Forest Grove: $389,700  9.2%  (Mar 403,800)

News & Notes ~ March 2018

During the month of March we see a general pattern of a lowering or slight increase over last year during the same month, and a big increase over the prior month/Feb of 2018 in most all localities.

Here is your look at the most recent data for the entire Portland area:

  • According to the RMLS Market Action Report for the Portland Metro Area, March, 2018:
    • There were 3,648 New Listings in March 2018 which was up 1.2% from March of 2017’s 3,604, and up a whopping 44.2% from the previous month/Feb of 2018’s total of 2,530.
    • At 2,371, March Closed Sales were down 4.9% from March 2017’s 2,494, and up a whopping 31.3% from the previous month/Feb 2018’s total of  1,806.
    • March’s Pending Sales (accepted offers), at 2,894 dropped 4.9% from March of 2017’s 3,043, and increased another whopping 23.8% from the previous month/Feb 2018’s total of 2,337
    • The Average Sale Price in March of $445,900 was up $17,500 from March 2017’s $428,400, and also up from February 2018’s $441,900 by $4,000.   

Neighborhoods: March’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $438,700              6.6%   (Feb 418,000)
  • NE Portland:  $478,900                   7.3%   (Feb 462,400)
  • SE Portland:  $418,600                   8.4%   (Feb 418,700)
  • Gresham/Troutdale:   $356,400   12.0%   (Feb 339,400)
  • Milwaukie/Clackamas:  $423,400  9.4%   (Feb 406,100)
  • Oregon City/Canby:   $396,500      6.0%   (Feb 381,200)
  • Lake Oswego/West Linn:$631,100 6.1%   (Feb 706,400)
  • West Portland:    $597,200             3.1%   (Feb 602,500)
  • NW Wash County:  $550,200          7.5%   (Feb 540,100)
  • Beaverton/Aloha:     $386,000        9.1%   (Feb 380,500)
  • Tigard/Wilsonville:   $456,700        7.4%   (Feb 443,600)
  • Hillsboro/Forest Grove: $403,800  9.9%   (Feb 384,600)