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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 NW Industrial Neighborhood Walk - Mark McClure

 

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 very soon.

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 awesome!

9. Dave's Killer Bread - one word: tasty.

10. Largest concentration of microbreweries in the WORLD right in here in our backyard? Hellsssyes.

 

The Portland Photo of the Week

The Portland Photo of the Week winner this week is Owls and Raven - My Favorite PDX Window by Julie Lynn Kelly.

Julie snapped this photo while window shopping in downtown Portland.

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."

Come and upload your Portland photos to the Photo Gallery for your chance to win each week.  Check back to see if your photo is selected for a spotlight in the weekly Portland blog! 

 

 

Featured Portland Events this Week

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 calendar, here.  Just click "Add an Event" and fill in the details.

Beyond Bizarre Walking Tour

November 20, 2010 to April 30, 2011  Portland 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

 

Walls of Heritage, Walls of Pride: African American Murals

November 17, 2010 at 10am to February 13, 2011 at 5pm – Oregon Historical Society African Americans have a long-standing, but little known, mural tradition. Denied access to mainstream museums and galleries, venues within the Black community became showcases for images of the comm

 

Marking Time: Voyage to Vietnam

November 17, 2010 at 10am to February 13, 2011 at 5pm – Oregon Historical Society In 1997 the General Nelson M. Walker was a forgotten troopship in Virginia’s “Ghost Fleet.” Despite her rusted exterior, the ship’s lower levels contained thousands of historical artifacts. The ship

 

The Last Polar Bear: Facing the Truth of a Warming World

October 23, 2010 at 10am to January 2, 2011 at 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

 

 

Imago Theatre

December 10, 2010 at 7pm to January 2, 2011 at 2pm – Imago Theatre 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

 

 

 

Start Your New Year with A Loving Companion

December 31, 2010 to January 2, 2011  Portland, 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

 

Gardening Class - Seed-Starting: Dig It, Drill It, Dump It

January 4, 2011 from 6:30pm to 8pm – One 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

 

RiverCity Music Festival

January 7, 2011 at 5pm to January 9, 2011 at 6pm –Red Lion Inn Jantzen Beach After a one-year break, a lot has changed for the six-year-old RiverCity Bluegrass Festival – starting with its name. It’s now the RiverCity Music Festival. The festival’s new home – Red Lion On The

 

Joan Rivers

January 8, 2011 from 7:30pm to 9:30pm – Arlene 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

 

Oregon Symphony Kids Concert "Happy Trails"

January 9, 2011 from 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 PortlandNeighborhood.com!

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:

Your favorite places in Portland 

Your favorite neighborhood hangouts 

Secret Portland places

Best neighborhood walks 

Best neighborhood shopping 

Best neighborhood dining

Your cool idea here

Submit the best Portland article and win!  

 

Grotto Lights - Kurt R  Learn more about the Portland Grotto

 

 

Neighborhood Tour: Irvington

Irvington Sign, Portland

 

Several grand dame old homes are located here, and many are on the National 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 exclusive Irvington Club for 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 to park.

Read more about Irvington to 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 find other neighborhoods? We have nearly 100 neighborhood profiles detailing the urban Portland neighborhoods.

Just moved to Portland or planning the move?  Learn about moving to Portland.


 

 

Eliot Neighborhood Report
By Ross Seligman

Eliot Neighborhood Real Estate Report

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, click here.

 

 

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:
Click Here


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.


 

One year change from November 2009 to November 2010:

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.

View the original article by Portland Realtor and Ecobroker, Ross Seligman.

 

The Pearl District - Lorri E

 

Best Real Estate Deals in Portland

Every week, Ross shares with us a selection of the best real estate deals in Portland.  Check out the full list of best deals.

9475 N TIOGA AVE Portland, OR 97203 - St. Johns - $189,900

See the listing here: http://www.propertiesofportland.com/10072939

 

2235 NW IRVING ST Portland, OR 97210 - Northwest District - $968,000

See the listing here:  http://www.propertiesofportland.com/10085308

Did you know there are nearly 100 unique Portland neighborhoods?  Read and learn all about these interesting urban communities.

 

That's it for now

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!

New to the site and want to add your own two cents to the Portland blog?  Please do!  But please remember to keep it real and community focused. Read our terms of use and don't spam the planet with self promoting material or weird stuff as it will just get deleted.  We have a zero spammer policy to keep the site valuable and hassle free for our members.  Thanks!

 

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