Portland Blog: This Week in Portland February 26 - March 5 2011
Happy Weekend! If you've just found us, you might wonder what this blog is
all about. Well, here's the skinny...We
are a totally local Portland grassroots blog operation and have been online
since August of 2005. Our weekly blog is read by over 250K people from
Portland and all over the world. We are always humbled to watch our
Our focus is Real Portland. Every weekend, the blog highlights ten of
our favorite Portland Oregon events from the
events calendar. Our members can submit their events for free and we keep it
loaded with fresh events weekly.
In every new blog edition, a member submitted photo is chosen as thePortland
Photo of the Weekand the winner
receives a $20 gift card or virtual credit to a local Portland business. We
choose to promote only those Portland businesses that are 100% local and
independently owned. Its our way of giving back and spreading the love.
Every edition also features a new Portland neighborhood overview, kind of a
tour of that neighborhood as well as a neighborhood real estate report provided
by a local Realtor, Ross Seligman. Ross is a really unique kind of Realtor which
is why we really like him. We first met Ross many years ago when we used a song
from his band on one of our neighborhood videos. He called to thank us and an
easy friendship was formed.
1. Snow in Portland. Snow in Portland is a little like seeing a
unicorn in your backyard. Well, not exactly but it kind of feels that way. At any rate,
snow in PDX is bound to throw the whole city for a loop and shut down a few
schools even though its really just a dusting.
Cold but beautiful Wednesday morning
2. Trebol - Trebol is a
fantastic mostly organic Mexican restaurant with a killer tequila selection, rumored to be the most expansive in
Portland. I haven't found a dish at Trebol that I don't simply adore and the
sopapillas are legit and incredible. Too lazy to leave the house? Call Delivered
Dish. Do it.
3. BARISTA - BARISTA has just
celebrated their two year anniversary and we're throwing up a few balloons in
their honor! Founded by Billy Wilson, the two cafes on Alberta and in the Pearl
employ the first ever coffee bar "tap room" approach which means they rotate
coffee from different coffee roasters to help consumers taste new and different
coffees. BARISTA is a huge success and known by many as one of the best coffee
experiences in the city.
4. Carrie Brownstein of the now infamous Portlandia (IFC) and her
recent interview with People Magazine hits our Top 10. We've not seen the issue yet but
its reported that she professes her love for the
Coava Coffee Roasters at The Red E over
in North Portland.
5. Blue Heron Paper Company - We were incredibly saddened to read the
story of the upcoming closure of one of the oldest businesses in close-by Oregon
City. Please take a moment to
read the story and consider how we can help not just those affected by this
closure but help our other local businesses stay competitive.
6. Pets on Broadway - Fish, birds, dogs, cats, assorted
reptiles and rodents strike your fancy? Well,
Pets on Broadway is the real live
Mothership of Pet Goods and is 100% local Portland.
7. The Weather - Holy crap, its cold. I thought I was just being a
big baby and whining about the cold until I read we set a new record for the low
temp of 18 degrees last night.
8. The Portland Saturday Market - Mark your calendars for the
spring re-opening of the Portland Saturday Market on March 5th and 6th. This
opening weekend will be marked by a huge celebration- foods from all over the
world, music and entertainment, great kids activities and much more. Learn more
Portland Saturday Market.
A day at the market by Solange Ledee
9. Courting the Food Carts - As spring beckons, I become a cart
monger and love it. Is there anything better than hitting the town by bike and
finding new and diverse foods on nearly every corner? Didn't think so. Check
out this video of our Mayor pimpin' out our awesome cart scene.
10. Spring - It might not feel like it, but its almost heeeeere.
Spring officially begins in less than one measly month. Yes! Just in case you
have not yet found this amazing GEM, head over to
Marbott's Greenhouse & Nursery and be simply delighted. Marbott's is one of
the oldest and most impressive family-owned nurseries in Portland.
Are you sensing a trend here, Portland? If not, let us shout it from the
rooftops: SHOP LOCAL! Support your local businesses!
The Portland Photo of the Week
The Portland Photo of the Week winner this week is Portland Japanese
Our Portland Photo of the Week winner gets a gift certificate to a
local Portland business of our choosing. Michael will receive a $20 gift
certificate to local Portland darling, Coava Coffee Roasters.
About Coava Coffee Roasters:
Portland Monthly calls Coava"the
best coffee in Portland - period"! Coava was also named one of the top ten
micro-roasters in America by Imbibe Magazine in the March 2010 issue. They
recently stormed the NW Regional Barista Competition and took 1st place for best
Barista and the Brewers Cup award. Learn more aboutCoava
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
Just click "Add an Event" and fill in the details.
February 9, 2011toApril
Bank Residents of
the Hawthorne district are encouraged to submit a neighborhood project that they
would like to see implemented in their community. Umpqua Bank will finance the
winning project up to $10,…
February 10, 2011toMay
Art Museum This
celebration of arts patronage in Portland will present more than 100 works of
art selected by the Museum’s curators from the city’s private collections.
Includes works by Durer, Lautrec, Picasso…
February 27, 2011from 2pm to
Based on the book of the same title, co-authors Avel Louise Gordly and Patricia
A. Schechter will recount the personal and professional journey of Senator
Gordly herself. In the book, Gordly shares…
February 28, 2011from 7pm to 9pm
Kennedy School At
its peak in the mid-1990s, Burley Design Cooperative supported 100 member owners
and generated close to $10 million in annual sales. Join sociologist Joel
Schoening, a Burley scholar who wrote ext…
March 1, 2011from 6:30pm to 8pm
Farm Store Losing
crops to pest damage can be incredibly discouraging for beginning and veteran
gardeners alike. In this class, you will learn about the most common garden
pests, and best practices for removing…
January 8, 2011toApril
Featuringsome 60 prints, drawings, and photographs exploring the ways in
whichisolation, community, and the search for identity affected African
Americansduring the 20th century. www.portlandartmuseu…
Looking for something else? We have a ton of other local Portland
events -- check 'em out and feel free to add your own!
Hanging out at the White Eagle Saloon with Lorri
Neighborhood Tour: Hawthorne
Hawthorne: As Funky as They Come
Undoubtedly, Hawthorne is one of the most unique and most popular areas in
Southeast Portland. The area is known for its wonderful restored Old Portland
homes, liberal residents, and fun and funky feel. The street is lined with
one-of-a-kind restaurants and shops, and has a definite Portland-local flair.
There are a lot of words you could use to describe the locals who live in the
Hawthorne District; activist, environmentalist, educated, opinionated, hippie,
hipster, Gen X-er, entrepreneur...and more. However you choose to describe it,
though, this neighborhood is fun, friendly, and totally worth a visit.
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.
The Boise-Eliot "Mississippi Avenue" Real Estate Report
by Ross Seligman
The Boise neighborhood is sometimes referred to as "Boise-Eliot" is located on
the east side of the Willamette River. It is bordered by the Overlook, Humboldt,
King and Eliot neighborhoods in the increasingly hip and popular North Portland.
Boise is in a great location for commuting to downtown Portland and is
conveniently close to other major Portland neighborhoods such as Concordia
(Alberta Arts) and Irvington.
Major freeway ramps located nearby include I-5 and I-84. Drive over the Fremont,
Steel or Broadway bridges to get downtown or to the Pearl District, and Old
Town/Chinatown in mere minutes. The "MAX" light rail located on Interstate is
only minutes away on foot. Downtown by bicycle is about 25 minutes. To learn
Are you keeping an eye on Boise Eliot or is it your neighborhood? Check out this
link for a monthly updating real estate chart for this neighborhood.
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 Boise 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
If you are looking for homes in the Boise Eliot neighborhood, visit this link
where you can search for homes by particular neighborhood:Click
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 Boise Eliot
neighborhood from 10109 to 01/11:
In January 2011, there was 1 closed sale, 3 pending sales, and 7 homes on the
market in the Boise Eliot Neighborhood.
One year change from January 2010 to January 2011:
Inventory (how many homes on the market for sale): Down 46.2%
Homes sold: No change.
Homes pending sale: Up 200%
Chart for average price
per square footage:
In the past 15 months, the average price per square footage in the Boise Eliot
neighborhood has been between $87 and $187/sq. ft. In January 2011, the average
price per square foot in the Boise Eliot neighborhood was $102.
year change fromJanuary2010
Change in Price Per Square Foot:
January 2010: 167
January 2011: 102
Percentage Change: Down 38.9%
Days on Market,
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 January 2011, the average
time on market for a home in the Boise Eliot neighborhood was 137 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 January 2011, sellers in Boise
Eliot received, on average, 87% of their original listing price.
More stats for you:
Change from January 2010 to January 2011:
Time on Market: Up 291.4%
Sold/List price% difference: Down 13%
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 January 2011, the average price of a house on the market in Boise Eliot was
$345,000. The average sale was $368,000.
More stats over one year:
Average active price: Down 11.3%
Average sold price: Down 4.4%
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. January 2011 in
the Boise Eliot neighborhood was a buyer's market with 7 months of inventory.
By the way, This does NOT mean that it will take 7 months for your home to sell.
That figure was, on average in January, 137 days. Inventory is a figure that
means that, if not another home were to come on the market in Boise Eliot from
this point forward, in 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
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weekend! PS -- Want
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