Portland Blog: This Week in Portland January 1 - January 8 2011
Happy New Year, Portland! Here's hoping you had an
awesome New Year! We chose to quietly ring in 2011...we hung out inside of
a friends SE apartment (Hipster Apartment Strip ala NE Oregon Street) where we
chatted, laughed played Wii and drank champagne all night. A great evening with
friends- no cover charge, no elbowing, no paying to park. At exactly 12:17am, we
were bundled up and heading home, happy and sleepy. What awaited us in our
North Portland home was very unexpected to say the least. We entered the house
to screams (mine) and were overwhelmed by the sight and smell of the mass
explosion of "sick dog" all over the floors and carpeted stairs. Needless to
say, we spent the first few hours of 2011 mopping and scrubbing every inch of
this 1927 bungalow. What started out as shocked horror with some frustration
ended in doubled over laughter near 3am as I played the mental mini-reel and
realized how funny the whole situation must have looked and said to my husband,
"If this is the worst thing that ever happens to us, we are blessed."
Happy New Year! This year is going to be awesome!
Portland Recycling Programs - While I was searching
for a Christmas tree recycler in the local area, I came across a really
fantastic website that helps you find recycling options for a slew of different
items from trees to antifreeze to paint to home office goods. Its a great
resource for any Portland resident - I learned a lot about my recycling options
and think you might as well.
Check it out.
This Week's Top Ten in Portland
1. Saraveza - 9 rotating beer taps and a veritable beer library! Plus,
the Beertender of 2010 works here.
2. Dishman Community Center - No sign up fee and just $25 bucks a month?
You make us happy to pay taxes for such things!
3. Coava Coffee Roasters - Write-ups in the New York Times, Imbibe
Magazine and the Portland Mercury all in two weeks? Plus, the best damn
coffee anywhere...you make us proud!
4. Oregon Coast - Low season means low prices and with the gray whales
now migrating through the coast lines, we have a weekend date coming up sometime
5. Fire on the Mountain Hot Wings - You kick my ass and I love you for
it. Every time.
6. True Grit @ St Johns Twin Cinemas - Heralded as the "western Big
Lebowski" and in one of my favorite beer theaters of all time...who cares if the
theater is haunted?
7. Killer Weekend Snow Adventure at Mt Hood - in less than a few hours
drive, we can be up to our waists in snow and that, my friend, is why we love
you. Plus, brews at the Timberline Lodge is a great way to warm up.
8. Free transit on TriMet for New Years Eve! Thanks, Portland, for being
Our weekly Portland photo winner gets a gift certificate to a
local Portland business of our choosing. Julie will receive a $20 gift
certificate to local beer bottle shop, Saraveza.
"Saraveza is a place to celebrate beer, eat well & enjoy
friends & strangers alike. We’re a North PDX watering hole & craft beer
convenience store w/ 250+ bottles & 9 rotating taps. We make our pasties w/
fresh, local ingredients & love."
Here are the featured Portland events this week focusing on
events happening this very weekend! Thanks to everyone for adding all the great Portland
events to the community events calendar. You can add your own Portland events directly to the events
Just click "Add an Event" and fill in the details.
November 20, 2010toApril
OR Presented by:
Portland Walking Tours About: Portland’s spooky, weird and wacky past awaits
you. If you want a bone-chilling good time, then you've come to the right place!
Unexplained mysteries, gho…
October 23, 2010at 10am toJanuary
2, 2011at 5pm –World
Forestry Center The
Last Polar Bear: Facing the Truth of a Warming World Opens October 23! The polar
bear — a charismatic icon in the struggle against climate change — faces a
precarious future along with other ice…
December 10, 2010at 7pm toJanuary
2, 2011at 2pm –Imago
Theatre’s Zoo Zoo returns to Portland from New York for the holidays. This
family hit is a whimsical show of fantastical indescribable creatures featuring
frolicking rabbits, giant bug eyes, hun…
December 31, 2010toJanuary
Or Now is the "purrfect"
time to add a loving companion to your household. The Oregon Cat located in
Lake Oswego has 100 cats and kittens ranging in age from 10 weeks to 15 years.
Adoption fees for t…
January 4, 2011from 6:30pm to
Stop Sustainability Shop
This class will cover the advantages of starting your own seeds indoors and
under cover outdoors. Participants will learn proper seed-starting techniques
and find out how to foster the right conditio…
January 8, 2011from 7:30pm to
Schnitzer Concert Hall
Joan Rivers goes where others fear to tread. She’s the queen of the zinger, a
high-wire artist on the cutting edge of comedy. The comedy legend and subject of
the critically acclaimed new film docume…
January 9, 2011from 2pm to 3pm –Arlene
Schnitzer Concert Hall
Join our musical scouting party as we explore the music of the great American
West. You'll feel at home on the range with selections that include music from
Copland's Rodeo and Old American Songs, th…
Looking for something else? We have a ton of other local Portland
events -- check 'em out and feel free to add your own!
Submit your Portland Articles and Get Featured on
Do you love Portland? So do we! We would love to hear your
favorite news, information, or facts about your favorite Portland neighborhoods
or places. You can write about just about anything you desire (subject to our
editorial review process*). Just write and send us your submission
(between 400-1000 words, as a general guideline) and each week we will select
the best submissions for a $20 gift certificate to a local Portland business.
Here are just a few ideas of things you might write about:
Several grand dame old homes are located here, and many are on theNational
Register of Historic Places. Back when they were constructed, Irvington
homes were considered upper middle class. The sense of Irvington history can be
found in more than just the homes. The exclusiveIrvington
Clubfor tennis was founded in
1898. And, if you pay attention while strolling the streets, you’ll notice many
sidewalks imprinted with the original craftsman’s name and date (”E. Wiles
1908”) and you’ll even find an occasional metal ring still attached to the curb,
from back in the days when everyone had horses to tie up instead of automobiles
Read more about
learn all about this neighborhood and to discover who lives here, what local life is like and what local businesses make
up this neighborhood.
Want to research or
other neighborhoods? We have nearly 100 neighborhood profiles detailing the
urban Portland neighborhoods.
Eliot is in a fantastic location for both commuting, as well as getting to many
other great Portland neighborhoods. Major freeway ramps located near Eliot
include I-84 and I-5. Portland’s Tri Met runs bus schedules, and the MAX light
rail train is less than a mile away from Eliot’s southernmost boundary, at Lloyd
Center Mall. Drive West over the Broadway bridge to get downtown or to the Pearl
District in mere minutes, or head Northeast to Alberta or Beaumont-Wilshire,
Northwest to the Boise and Historic Mississippi Avenue neighborhoods, or
Southeast to get to the Belmont and Hawthorne neighborhoods. To learn more
about Eliot, clickhere.
In my monthly Portland real estate report, I always talk about how each
individual neighborhood is a micro-market. If you are looking to buy or sell in
a particular neighborhood, the most crucial information that you need to know is
what is going on in that neighborhood. In this situation, the overall Portland
market report is less important and the national real estate report is just
about useless. This posting is a real estate report for the Eliot neighborhood
of all homes in all price ranges. Feel free to request particular neighborhoods
in which you are interested in buying or selling and I am be happy to do a
report, just contact me on this forum or at http://www.propertiesofportland.com.
If you are looking for homes in Eliot, visit this link where you can search for
homes by particular neighborhood:
The first thing you will notice about individual neighborhoods as compared
to the overall Portland reports are that the numbers can be wildly different
month to month. Basically, the bigger the pool of data you are working with, the
smoother the stats become. As we focus on smaller areas, many different things
can happen month to month.
On to the report:
Here is the overall chart of inventory, sold, and pending for the Eliot
neighborhood from 9/09 to 11/10:
In November 2010, there were 10 closed
sales, 16 pending sales, and 107 homes on the market in the Eliot Neighborhood.
One year change from November 2009 to November 2010:
Inventory (how many homes on the market for sale): Up 37.2%
Homes sold: Down 58.3%
Homes pending sale: Up 14.3%
Chart for average price per square footage:
In the past 15 months, the average price per square footage in the Eliot
neighborhood has been between $155 and $204/sq. ft. In November 2010, the
average price per square foot in the Eliot neighborhood was $180.
year change fromNovember2009
Change in Price Per Square Foot:
November 2009: 180
November 2010: 180
Percentage Change: No Change
Days on Market, Sold/List Price:
This chart is showing us two things. First, how many days on the
market that a home is spending, on average, before being sold. In November 2010,
the average time on market for a home in the Eliot neighborhood was 74 days.
The second thing that this chart is showing you is what percentage of the
listing price the owners actually are getting when the house is sold. This is a
great indication of the pressure on prices. In November 2010, sellers in Eliot
received, on average, 92% of their original listing price.
More stats for you:
Change from November 2009 to November 2010:
Time on Market: Up 76.2%
Sold/List price% difference: Down 2%
Average price for sale vs. average price of sold:
This chart shows us what the average listing was and what the
average sale was. In November 2010, the average price of a house on the market
in Eliot was $566,000. The average sale was $474,000.
More stats over one year:
Average active price: Down 7.7%
Average sold price: Up 11%
Months of Inventory:
Months of inventory gives a time line of how long it would
take for all of the current listings to sell. Anything above 4 months is
considered a buyers market. This figure is a good indicator of supply and
demand. November 2010 in the Eliot neighborhood was a buyer's market with 10.7
months of inventory.
By the way, This does NOT mean that it will take 10.7 months for your home to
sell. That figure was, on average, in November 74 days. Inventory is a figure
that means that, if not another home were to come on the market in Eliot from
this point forward, in 10.7 months there would not be another home to sell.
They would all be sold.
We hope you enjoy reading our weekly Portland blog. Want to see more or less
of something? Let us know! Once again, thanks for being here and
making this Portland website such an asset to the community! If you
love this site as much as we do, tell your friends! Have a great
weekend! PS -- Want
to read back issues of this blog? Here ya go!
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