Happy weekend, Portland and welcome to another edition of this Portland
blog! I just read a headline that
said, "Kick off the moss! Temperatures will soar..." and believe me, I feel like
warm weather is the fabled unicorn I may not see in this lifetime. My garden,
soul and husband's sanity depend on this weather forecast being the real deal.
So, this weekend brings mid-80's and man, we deserve it. Check out this weather
summary from Oregonlive.com and yeah,
cue the violins:
"March and April combined for a record 11.47
inches of rain, nearly doubling the average of 6.35 inches. By the end of April,
Portland had only seen six days when the temperature hit 60 or above -- well
below the average of 26 days. May's average high was 62.5 degrees, 4.2 degrees
below average." Say what? That means two years in a
row we've had record breaking rain and this year we broke last years
record rainfall record. Hmmmph.
"Believe it or not, the first 80-degree day
last year came on June 12, a record for the latest 80-degree day in Portland and
more than a month later than the average first 80-degree day of May 8.
Weather service officials cautioned that while the air will be warm, area rivers
remain very cold, high and swift, with water temperatures in the bone-chilling
Alas, the persistently cool and wet pattern will return early next week, with
cooler temperatures and rain showers.
"We'll get two warm days and then we're back in the doldrums," Tolleson said."
In other news,
The Portland RoseFestival AKA The Portland Rain Festival
continues through the weekend and halfway through June. If you love rides, beer
and sugary sweets, this is the place for you! Here is a sum of the upcoming
events with a reminder to get out and enjoy it no matter what the wily weather
1. DoveLewis- To the team who took
care of my 14 year old Basset Hound who came down with a scary case of acute
glaucoma on Memorial Day...Thank you. As always, we appreciated the
prompt and caring attention of your staff and doctors.
association with the regional veterinary community, provides 24-hour emergency,
critical care, education and community outreach. Our highly-skilled
professionals are dedicated to:
-Improving the condition of animals needing emergency and critical care.
-Strengthening the ties with, and extending the reach of, the veterinary
-Promoting the well-being of animals and the human-animal bond throughout the
community at large.
Dove is a true asset to
Portland. You'll find that Dove offers
community classes on a variety of topics related to pet care in addition to
many community services.
2. MacTarnahan's Tap Room - Hidden in the NW industrial area is a
wonderful little brewery with some great pub food. I heartily recommend the
roasted chicken and the Mac's Amber or the prime rib-- divine!!
3. Grain and Gristle- Great food and
excellent beer selection. We chose and loved the "2-fer" which is one large meal
to split plus 2 beers for $20.
4. Able Brewing Equipment- The innovative,
award winning local coffee roaster, Coava Coffee Roasters, has created a new
company focusing on sustainable, earth friendly and 100% locally made coffee
brewing equipment. The company is Able and they are about to blow your
Dragon Boats! Come spring and summer, Dragon Boats are a common
sight on the Willamette. Human powered boats, unite! Want to get involved or
find out when the next big race is?
7. A Peak at Portland's
Athletic and Outdoor Industry
8. Things to Do in Portland
- A guide to enjoying Portland as a local, new-comer or a visitor.
Check it out.
9.1st Annual Amnesia Brewing
Single Hop Fest- The first annual Amnesia Single Hop Fest takes place
Saturday, June 4, 2011 at Amnesia Brewing (832 N Mississippi). A beloved part of
the Boise-Eliot neighborhood, Amnesia makes kick-ass beer and has an excellent,
large outdoor patio. Dog friendly, too.
On Saturday June 4th Amnesia Brewing will host a mini beer fest dedicated to one
hop beers. These are beers made with just one variety of hop throughout the
brewing process from bittering to finishing. There will be eight guest breweries
each with a unique style of beer and each beer made with a unique hop variety.
Amnesia will also be featuring two single hop seasonals of their own. Also,
along with each beer poured will be a whole cone sample of the hop varietal used
and a description detailing the particular hop, such as their crossbreeds and
flavor profiles. The fest runs from noon until 8pm. Tasting tickets are $2, and
two tickets gets you a full glass.
The featured breweries and hop varieties:
Amnesia Brewing- Saphir, Crystal
Burnside Brewing- Amarillo
Caldera Brewing- Willamette
Cascade Brewing- Cascade
Coalition Brewing- Northern Brewer
Double Mountain Brewing- Cluster
Migration Brewing- Centennial
Rogue Brewing- Sterling
Upright Brewing- Tettnanger
10. Stumptown Coffee now a "Wall Street run roaster"? And last but not
least, the social media storm is all abuzz about
whether or not Stumptown Coffee was sold to TSG Consumer Partners, the
investment firm that owns Voss and Vitamin Water. Did Stumptown's founder, Duane
Sorenson, really sell "his life's work to the highest bidder?" Only time will
tell but for now, this is huge news in an aggressively independent Portland
where Stumptown Coffee has been a huge local employer and known as one of the
hippest locally owned companies in fair PDX.
Read more at the Portland Business Journal
The Portland Photo of the Week
The Portland Photo of the Week winner this week is
McClure. In this photo, Mark captures some of the indie essence of the
Clinton area which is located in the
Hosford-Abernethy neighborhood. Clinton is a wonderful little area, full of
awesome indie shops of all kinds.
Our Portland Photo of the Week
winner gets a gift certificate to a local Portland business of our
choosing. Mark will get a $20 gift
certificate to locally owned and operated, Barista. Barista has
two locations- in the
and the other in the
Barista is different in that they offer a "tap room" approach to coffee- in
addition to carrying Portland's finest like
Stumptown, they also rotate coffees
from some of the hottest roasters on both sides of the country.
Here are the featured Portland events this week focusing
on events happening this weekend or those just around the corner! 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.
June 4, 2011from 12pm to 7pm –Breakside
nuts collaborate with Breakside Brewery to create unique brews, including Meyer
lemon kölsch and a beet ale. Ten dollars gets you a sample tray of all their
concoctions. Breakside Brewery,…Organized
by | Type:beer!
June 3, 2011all day –"Oregon
Zoo" Only in its
fifth year, Zoo Brew has already become one of the most popular beer festivals
in town! More than 20 breweries will be ready to pour while guests enjoy music
from the Main Stage! Che…Organized
by Oregon Zoo | Type:zoo
June 4, 2011from 12pm to 8pm –Amnesia
On Saturday June 4th, Amnesia Brewing will host a mini beer fest dedicated to
one hop beers. These are beers made with just one variety of hop throughout the
brewing process from bittering to finish…Organized
by Amnesia Brewing | Type:amnesia
single hop fest
June 18, 2011from 9am to 5pm –Sherwood
FOR A GREAT CAUSE! Run, wade and slosh your way through the fastest-growing
adventure race in the country. Enjoy Oregon’s great outdoors in a unique way
by scaling rope walls, swooshing…Organized
by National MS Society, Oregon Chapter | Type:fundraiser,running
Looking for something else? We have a ton of other
events -- check 'em out and feel free to add your own!
A spring day in SW Portland on the bike path
looking toward downtown
Homes for sale in Portland
Did you know there are nearly 100
unique Portland neighborhoods?
Portland Oregon, the Rose City-- is full of wonderful
neighborhoods, each with it's own unique personality and character. Come explore
and experience the look and feel of each Portland neighborhood, with great
photos that tell a story and information about the people, places, and
businesses who create each living community.
more about these interesting Portland neighborhoods.
Sellwood feels much less "hipster" and "chic" than say,
or the Pearl--
but a definite, at ease kind of 'anything goes, all are welcome' type of feeling
is present on these streets. Like most Portland neighborhoods, Sellwood and
Moreland neighborhoods feel very self-sustaining. Local grocery store New
Seasons, many local coffee shops plus a few local coffee roasters make this
community feel warm and a lot like its own small town. Walking the streets in
Sellwood and Moreland neighborhoods invokes a "back in the good old days"
feeling. This area is family friendly, walkable, and livable with a strong
sense of community pride. To learn more about Sellwood Moreland
neighborhood, clickhereto read the full neighborhood profile.
Are you keeping an eye on Sellwood Moreland or is it your neighborhood? Check
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 Sellwood Moreland
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 the Sellwood Moreland 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 Sellwood
Moreland neighborhood from 02/10 to 04/11:
In April 2011, there were 30 closed sales, 38 pending sales, and 97 homes on the
market in the Sellwood Moreland Neighborhood.
One year change from April 2010 to April 2011:
Inventory (how many homes on the market for sale): Down 8.5%
Homes sold: Down 18.9%
Homes pending sale: Down 28.3%
Chart for average price
per square footage:
In the past 15 months, the average price per square footage in the Sellwood
Moreland neighborhood has been between $140 and $177/sq. ft. In April 2011, the
average price per square foot in the Sellwood Moreland neighborhood was $140.
One year change fromApril2010
Change in Price Per Square Foot:
April 2010: 159
April 2011: 140
Percentage Change: Down 12%
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 April 2011, the average time
on market for a home in the Sellwood Moreland neighborhood was 71 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 April 2011, sellers in Sellwood
Moreland received, on average, 96% of their original listing price.
Change from April 2010 to April 2011:
Time on Market: Up 20.3%
Sold/List price % difference: Up 1%
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 April 2011, the average price of a house on the market in Sellwood Moreland
was $369,000. The average sale was $325,000.
More stats over one year:
Average active price: Down 3.9%
Average sold price: Down 10.7%
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. April 2011 in
the Sellwood Moreland neighborhood was a balanced market with 3.2 months of
By the way, this does NOT mean that it will take 3.2 months for your home to
sell. That figure was, on average in April, 71 days. Inventory is a figure that
means that, if not another home were to come on the market in Sellwood Moreland
from this point forward, in 3.2 months there would not be another home to sell.
They would all be sold.
One of these things is not like the other...a boat dock on the SW Willamette
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