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Portland Blog: This Week in Portland April 28 - May 5, 2012

LorriE on Portlandneighborhood.com  First up this week, I would like to share this amazing time lapse video of Portland.  It's a feel-good video with beautiful images of the Rose City and surrounding areas.  I hope it makes you  feel a love and appreciation for this beautiful place we live in.  Thanks to Rob Creighton Garrison for sharing this on the site this week, and a hats off to the team that created this: Uncage the Soul Productions!





Great Eats - Portland Ox Restaurant Grand Opening in North Portland


This week saw the opening of yet another great eatery in NE Portland.  Ox Restaurant opened it's doors in the space formerly occupied by Echo on NE MLK.  Ox is an Argentine inspired restaurant with a heavy focus on grilled meat and seafood. We give it five stars!   In spite of opening to rave reviews and food blogger fanfare this week, we found no line last night when we strolled in with no reservations for an early dinner - so definitely head over and check this place out before it catches on and you have to wait.

Ox Restaurant Portland Oregon

We tried the ribeye steak, halibut, prawns, grilled asparagus and potatoes, and for dessert had the most amazing honeyed torte.    A small starter of bright asparagus soup was a nice touch.  Every plate was served with a smile, and warm service.  The wood floors, brick walls, and floor to ceiling windows create a cozy, yet bright ambiance.   The centerpiece of the restaurant is the open flame grill, and the delicious aroma of woodsmoke permeates the air.

Ox Restaurant Portland


Ox Portland

Dinner is about $20-30 per diner and up, so it's more of a destination spot when you're in the mood for an exceptional meal.  It was definitely worth it.  Every bite was full of flavor, perfectly cooked, and absolutely fantastic.  And since it's within walking distance of my house, we plan to visit often!  I can't believe my luck!

Ox Restaurant Portland Oregon

Congratulations to the folks behind this great new Portland restaurant (Greg and Gabrielle Denton and their team), and best of luck for a successful first year!

Ox Restaurant
2225 NE MLK, Portland

Ox Restaurant Portland on Eater

Portland Ox Reviews on Yelp

Ox write-up on OregonLive


Portland 5K Fun Runs

Portland Parks and Recreation First Annual 5K Fun Runs

There are some new healthy fun runs being sponsored by Portland Parks this year.  See your favorite neighborhood park below, and sign up!  Races begin on May 5.  

All races take place on Sunday and begin at 9:00 AM

 

DATE PARK COURSE #
register online
May 6 Columbia 366959
June 17 Lents 365857
July 29 Gabriel 371268
August 12 Grant 371270
September 16 Westmoreland 371271
October 14 Pier 371272

 

Age 18 & older - $5  |  Age 17 & under - FREE!  |  Age 8 & under - Kids Fun Run

All ages - rockwall climbing & family activities


Visit Portland Parks for More Information



The Portland Photo of the Week

The Portland Photo of the Week is by Brock Henderson who shared this photo, "Keep Portland Weird",  taken in a Paris Subway.  I guess Portland really is universally known as being weird.  Read more about it here in the Portland Mercury.

Keep Portland Weird by Brock Henderson on www.PortlandNeighborhood.com

Featured Portland Photo by Brock Henderson Brock Henderson

Our Portland Photo of the Week winner gets a $20 gift certificate to a local Portland business of our choosing.  This week Brock Henderson scores a gift card to Swift Lounge in NE Portland.

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! 


Portland Books and Authors

Read your Town

Rob Creighton GarrisonWritten by PortlandNeighborhood Guest Writer, Rob Creighton Garrison

Last week I discussed libraries and book stores. This week I'm writing about books. Specifically, books about Portland, and books set in Portland. Portland is amusing, and has tons of amusements, and has quite a few museums, but She is also a Muse. Maybe it's the air, or the green, or the spooky atmosphere; something makes people want to read and write, and people generally like to read and write about what they know. This city is so ripe with storytude it's no wonder many can't resist. Here's a list of greats.

Geek Love

Geek Love, by Katherine Dunn, is a novel that defies description, and I can't do justice to it here without going on for a page. Suffice to say that you've likely not read anything like it.

The Lathe of Heaven

The Lathe of Heaven, by Ursula K. Le Guin is another that makes a synopsis a challenge. But those fleeting episodes of deja vu? Be thankful that's all they are.

Fugitives and Refugees

Fugitives and Refugees: A Walk in Portland, Oregon by Chuck Palahniuk is a treasure trove of Portland arcana. You must have a copy of this. You must.

Portland Then and Now

Portland Then and Now by Linda Dodds is a real page flipper, showing in paired photos the old town and the new side-by-side. I love this kind of stuff.

Chelsea Cain! I was a fan of her funny column in The Oregonian back in the day, and so was intrigued when I learned she'd turned her talents to writing thrillers. If you've an appetite at all for shudders, Chelsea Cain's homicidal siren Gretchen Lowell will provide all the shakin' and rattlin' you could ask for.  See her novels, here.   (Check out the pics of Storm Large as Gretchen!)

Of course I haven't read every book about, or set in, Portland but a few of them are on my list or on hold at the library.

Wildwood: The Wildwood Chronicles, Book 1, by Colin Meloy is a definite future read. This city inspires fantasy, and this book apparently has it in spades. Meloy is frontman for the band The Decemberists, and I'm always curious as to how a musician fares with his words when they don't have to rhyme ( I mean besides Alanis Morissette).

Wildwood

Stumptown is a graphic novel (fine, comic book) series set in Portland featuring a flawed but valiant lady sleuth. Can't wait to get my mitts on it.

Stumptown

All of these titles should be available at Powell's or your local library.  Go read!

Powell's is Having a Read Local Sale this Week!

Powell's Bookstore Picks

We love Powells!   Portland Book Review of the Day   Portland eBooks   Powell's Author Interviews


 

Featured Portland Events this Week

 Below are featured and member added events on the Portland Events Calendar:

The Pub Presents: Tuesdays with Morrie by Jeffrey Hatcher and Mitch Albom. Produced by Public House Theatre Company.  

A young man, an old man, and life's greatest lesson. The Pub presents the true story of sports writer Mitch Albom’s weekly Tuesday visits with his former professor, Morrie Schwartz, during the final weeks of Morrie’s life. After a lapse of 16 years, their rekindled relationship teaches Mitch lessons he never knew he needed to learn about life, love, and letting go.

Tuesdays with Morrie at Public House Theatre

20th Portland Jewish Film Festival

April 15, 2012 at 6pm to April 29, 2012 at 7pm – Northwest Film Center The 20th Portland Jewish Film Festival explores themes of spirituality and Jewish identity throughout the world, specifically how American Jews perceive themselves in a larger social context. The fil Organized by Portland Art Museum | Type: film, festival

Concordia Art Show

April 24, 2012 to May 31, 2012Concordia University George R White Library and Learning Center Come join us daily 8 a.m. – 10 p.m. for our annual art show featuring the works of Concordia University students and faculty.  For more information, visit www.cu-portland.edu/library/events/. Organized by Concordia University | Type: art, show

"Next to Normal"

April 24, 2012 at 7:30pm to June 3, 2012 at 2pm – Artists Repertory Theatre - Morrison Stage So what is it that defines “crazy” anyway? Called a groundbreaking, powerhouse rock musical, Next to Normal, is a heart-swelling, searingly painful dissection of a mother’s mental illness and her sub Organized by Artists Repertory Theatre | Type: performance

"Race"

April 24, 2012 at 7:30pm to May 27, 2012 at 7:30pm – Artists Repertory Theatre - Alder Stage When it comes to race is justice blind? In this complex, complicated world acknowledging prejudice is an ugly venture into discomfort. In Race, two lawyers (one black, one white) take on a case that Organized by Artists Repertory Theatre | Type: performance

Cirque du Soleil Ovo Portland

April 27, 2012 to May 20, 2012Portland http://www.cirquedusoleil.com/en/shows/ovo/tickets/portland.aspx OVO is a headlong rush into a colourful ecosystem teeming with life, where insects work, eat, crawl, flutter, play, fight and look fo Organized by Cirque du Soleil | Type: cirque

Eat Mobile - Portland's Food Cart Festival

April 28, 2012 all day – OMSI Portland http://www.wweek.com/portland/eatmobile With more than 400 mobile eateries selling their tasty goods within our city limits, Portland has become an international destination for mobile eats. U.S. Ne Organized by WWEEK and OMSI | Type: eatmobile

TOAST Oregon Artisan Spirit Tasting

April 28, 2012 to April 29, 2012"World Trade Center" On Saturday and Sunday, April 28-29, 2012, on the sky bridge level of the World Trade Center in Portland, the Oregon Distillers Guild will hold the largest public tasting of craft spirits in North Am Organized by TOAST | Type: toast

Stumptown Comics Festival

April 28, 2012 to April 29, 2012"Oregon Convention Center" 9th Annual Stumptown Comics Fest April 28 & 29, 2012 • Oregon Convention Center Sat. 10-6, Sun. 12-6 • Buy Tickets Now! at TicketsWest Exhibitors • Schedule • Location • Hotels he 9th Annual Stu Organized by Stumptown Comics Festival | Type: comics fest

FREE 20th Annual Spring Paddle Festival

April 28, 2012 at 9am to April 29, 2012 at 4pm – Vancouver Lake Park 20th Annual Spring Paddle Festivalby Alder Creek Kayak & Canoe April 28th and 29th, 9am-4pm, come to Vancouver Lake! FREE - TWO DAYS of clinics, boat demos, and paddle sports fun! Try before you Organized by Alder Creek Kayak and Canoe | Type: free, paddlesports, demo:, canoe, kayak, sup

Race Recovery Runner's Clinic

April 28, 2012 from 10am to 11am – Hilyard Community Center Get the tools to help you recover both physically and mentally after race day so you stay healthy, injury-free and ready for your next running adventure. This is a co-ed clinic for both runners and w Organized by Laura McClain | Type: running

Healthy Kids Days

April 28, 2012 from 10am to 2pm – Beaverton Hoop YMCA Come join us for this free event celebrating Healthy Activities for children. Enjoy performances from Westside Dance and Gymnastics Academy, Games with Camp Collins, Crafts with the BEaverton Library Organized by Vickey Foster | Type: children's, event

B4HPDX Bicycle Donation/Adoption Drive

April 28, 2012 at 10am to April 29, 2012 at 5pm – Poynter Middle School Donate your unwanted bicycles to B4HPDX or come adopt a bicycle that fits your needs! Bikes For Humanity PDX (B4HPDX) is an all volunteer organization. Our mission is to substantially increase public Organized by Bikes 4 Humanity PDX | Type: community, event

Puddletown Hall

April 28, 2012 from 11:30am to 2:30pm – Noble Rot A three course lunch and a culinary discussion. Speaking at this year’s annual event will be: Marc Boucher-Colbert - Urban Gardener and head gardener of Noble Rot Katherine Deumling - Cook, Owner an Organized by Puddletown Preschool | Type: fundraiser

Saturday Imbibing Tour

April 28, 2012 from 12pm to 4pm – Portland We begin at Coalition, a small 10 barrel brewery in the inner SE where we taste their handcrafted, highly drinkable beers that reflect traditional brewing techniques and NW innovation. Our next spot Organized by Brewvana - Portland Brewery Tour | Type: brewery, tour

FREE Quantum-Touch Level I & II Lecture/Demos

April 28, 2012 from 1pm to 3pm – People's Food Co-op FREE Quantum-Touch® (Level I & Level II) Lecture/Demos – 1pm to 3pm. Dates:  April 28 or August 4, 2012 Location:  People’ Food Co-op, 3029 SE 21st Ave., Portland, Oregon, Upstairs in the Commun Organized by Judith Maron-Friend | Type: free, lecture

Fruit and Flower Auction

April 28, 2012 from 6pm to 10pm – Wieden+Kennedy Fruit & Flower invites you to an evening of Jazz, Juice Joints & GenerosityA Gala event to support Oregon's oldest early childcare facility. Funds raised support the center and its Tuition A Organized by Fruit & Flower | Type: fundraiser

Public Film Showing: "Bread and Roses: Women on the Frontlines of Labor"

April 28, 2012 from 7pm to 7pm – Bread and Roses Center Bread and Roses: Women on the Frontlines of Labor Commemorate the 100th anniversary of the “Bread and Roses” strike with Triangle – Remembering the Fire, a film that depicts one of the galvanizing ev Organized by Radical Women | Type: film

Michael Winslow from "Police Academy"

April 28, 2012 from 7pm to 11:45pm – Helium Comedy Club Saturday 04/28 - 7PM & 9:30PM $25-$30 Best known for his role in the "Police Academy" films, Michael, a master of vocal gymnastics, can imitate over 1000 sound effects using his voice alone. Whet Organized by Helium Comedy Club | Type: stand, up, comedy

FREE 20th Annual Spring Paddle Festival

April 28, 2012 at 9am to April 29, 2012 at 4pm – Vancouver Lake Park 20th Annual Spring Paddle Festivalby Alder Creek Kayak & Canoe April 28th and 29th, 9am-4pm, come to Vancouver Lake! FREE - TWO DAYS of clinics, boat demos, and paddle sports fun! Try before you Organized by Alder Creek Kayak and Canoe | Type: free, paddlesports, demo:, canoe, kayak, sup

B4HPDX Bicycle Donation/Adoption Drive

April 28, 2012 at 10am to April 29, 2012 at 5pm – Poynter Middle School Donate your unwanted bicycles to B4HPDX or come adopt a bicycle that fits your needs! Bikes For Humanity PDX (B4HPDX) is an all volunteer organization. Our mission is to substantially increase public Organized by Bikes 4 Humanity PDX | Type: community, event

Kritagya - A Day of FREE YOGA for ALL at Hot Yoga for Life

April 29, 2012 all day – Both our Portland and Beaverton Studios Kritagya is a Sanskrit word meaning 'gratitude'. And we mean for this day to be exactly that - to offer our gratitude to our community selflessly.  So we open our doors to celebrate you and your supp Organized by Raj Patra | Type: free, yoga,

Rothko and Color: A Meditation in 2 parts

April 29, 2012 from 2pm to 3:30pm – The Portland Art Museum Join us at the Portland Art Museum to hear Klaus Ottmann, director for the study of modern art and curator for the Phillips Collection in Washington D.C. discuss the art of Rothko. The discussion wil Organized by Portland Art Museum | Type: art, talk

Rob Schneider

April 29, 2012 from 7pm to 11:45pm – Helium Comedy Club Sunday 04/29 - 7PM & 9:30PM $30 - $35 Emmy-nominated actor Rob Schneider, well known for his trademark blend of character and comedic acting, has broadened his focus to include directing, produc Organized by Helium Comedy Club | Type: stand, up, comedy

Baby Hour

May 1, 2012 from 10am to 11am – The Portland Art Museum The first Tuesday of every month, the Museum offers the opportunity for babies and their caregivers to enjoy art together. The group will explore art with a docent for 45 minutes of slow looking in t Organized by The Portland Art Museum | Type: kid, friendly

Add your own events to our Portland events calendar! Its totally free. If we like it, we'll include it in this weekly Portland blog.

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 and you might get banned.  We have a zero spammer policy to keep the site valuable and hassle free for our members.  Thanks!



April 2012 - Portland Real Estate Market Report

By Ross and Leah Seligman

 

April 2012 Portland Oregon Real Estate Condo Market Report: What's Happening?

Here is a chart of all condos for sale, pending for sale, and sold in Portland, Oregon for the last 15 months:

In March 2012, inventory was 557 on the market.   In March 2012, 95 condos sold and 134 are pending for sale.  

Yearly change from March 11 to March 12:

Inventory is Down 32.5%

Closed Sales are Down 16.7%.

Pending sales are the same as last year at this time. 

 

Chart for average price per square footage:


In the past 15 months, the average price per square foot for condos in Portland, Oregon has been between $213 and $259. In March 2012, the average price per square foot in Portland was $223.

Yearly change from March 11 to March 12:

Average Price/Square Foot has decreased 4.5%

Days on market and sold/list price %:


This chart is showing us two things. First, how many days on the market that a condo is spending, on average, before being sold. In all of Multnomah County, in all price ranges, a condo is taking, on average, 100 days to sell.

The other thing that this chart shows is what percentage of listing price the condo, on average, is selling at. This is a great indicator of pressure on prices. In March 2012, sellers were getting, on average, 92% of their original asking price.

Yearly change from March 11 to March 12:

Average time it takes to sell a condo has decreased 2.9%.

The percentage of original listing price that was paid has increased 2%.

Average price for sale vs. average price of sold:


The largest segment of condo sales have been in the price range under $400,000. You can see this reflected in the average price of a condo that has sold. In March 2012, this figure was $247,000.


Yearly change from March 11 to March 12:

The average price of a condo listed has not changed.

The average price of a condo sold has decreased 12.1%.

Months of inventory:

Months of inventory gives a timeline of how long it would take for all of the current listings to sell. Anything above 4 months is considered a buyers market. In March 2012, this figure was 5.9 months based on closed sales. 

This does NOT mean that it will take, on average, 5.9 months for your condo to sell. That number was, on average in all price ranges, 100 days.   It means that, if not a single listing were to come on the market in Portland from this moment, it would take 5.9 months for all available condos to sell before there would be none left.

Yearly change from March 11 to March 12:

The months of inventory figure has decreased 19%.

About the report:

They are a comparison of the past 15 months (including a percentage change analysis for the last 12 months) for all of Portland and are taken directly from the RMLS. What follows is my own analysis of these statistics. For our purposes, I thought it best to analyze Portland as a whole. Each neighborhood, however, is a little micro-universe and has its own market. Changing the parameters of the zip codes, price variables, or time periods can lead to very different results. This analysis is of all condos sold in all price ranges in Portland, Oregon. If you have any questions about specific zip codes, or any questions about the market in general, please reply to this forum with those questions or feel free to contact me at: http://www.propertiesofportland.com.

Since Portland is a neighborhood city, you can now search by "Irvington, Alberta, etc.". You can check it out by clicking here.


This information doesn't matter if you have a particular neighborhood in mind since Portland neighborhoods are their own micro-markets. If you have one in mind to buy or are selling your condo, please request a report for that neighborhood and I am happy to post it on this blog or send it to you.  The complete Portland report is useful for an overall snapshot of the Portland market.  

Hey everyone, I want to know what you think of these reports. Too many stats? Just right? Something missing? Let me know so I can make these more useful for you. What are your thoughts about real estate right now? What do you think of the information in this report? Post to this blog so we can discuss.

Visit our website where you can contact us and search all Portland
Metro Area condos for sale from the RMLS in Portland, OR, including school and neighborhood reports: http://www.propertiesofportland.com



Best Deals in Portland this Week

Each week Ross and Leah share five great Portland real estate deals.  We share two of them here on the blog each week.   Here is this week's list.


3110 SE REX ST Portland, OR 97202 - Eastmoreland - $929,000

Click the image to see the full listing


LEED Platinum 1455 N Killingsworth ST #312 Portland, OR 97217 - Overlook - $204,900

Click the image to see the full listing

Visit our website where you can contact us and search all Portland metro area homes for sale and real estate from the RMLS, including neighborhood and school information:  www.propertiesofportland.com

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

 


Powell's Bookstore Picks


We love Powells!  -  Portland Book Review of the DayPortland eBooksPowell's Author Interviews


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!

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