Return to PortlandNeighborhood.com Home Page

Portland Blog: This Week in Portland June 26 - July 3 2010

Hey Portlanders!  We've finally reached the time of year when we have a non-stop stream of fun Portland summertime events, like the Portland Safeway Waterfront Blues Festival (next weekend), Portland Sunday Parkways (this weekend: North Portland), and numerous popular neighborhood Street Fairs (Mississippi Ave Street Fair is just around the corner).  This year, the warmer summer weather has waited until the very last minute to arrive, which now has Portlanders bursting out of their homes in a mad frenzy to enjoy it and soak it up before it is gone.  

This weekend, North Portlanders can experience Portland Sunday Parkways.  Visit http://www.portlandsundayparkways.org/ for additional information.  The Sunday Parkways are a great way to get out and meet neighbors, and enjoy your community. Best said on their Facebook page, "Portland Sunday Parkways can make you fall in love with your city, your neighborhood, even your bike.  The sunshine, the smiling people, the fresh air, the sounds of children laughing and happy and free to play in the street.  What's not to love? ..."  You can get involved by volunteering, and even by coordinating your own Sunday Parkways events (reposted from PortlandSundayParkways.org): "One of the great things about Sunday Parkways is the connection to the community.  People have organized their own walks, rides and tours and we have promoted them in our brochure and on our website.  For example, in North Portland we will have a Grandparent & Grandchild walk, a women's ride to the route, a bike tour of homes for sale, a family ride from St Johns to the route, an informational walk for the npGreenway Trail and a ride from the route to the Multnomah County Bike Fair.  We would love some more organized activities.  Interested?  Give us all the details here."

Volunteer perks -  Volunteering for Sunday Parkways is fun and a great way for you to be a big part of the action.  Sunday Parkways is dedicated to supporting and rewarding our amazing volunteer team. 

  • Every Sunday Parkways Volunteer will receive a free event t-shirt, drinks and snacks, and all the training and support you need.
  • Free 2010 Sunday Parkways Bandana - Volunteer for 3 Sunday Parkways shifts between the 5 events and you will receive this commemorative gift.
  • Free Worst Day of the Year Ride entry – Volunteer for 7 Sunday Parkways shifts between the 5 events and you will receive a free ride to the 2011 Worst Day of the Year Ride.  You can use it yourself or gift it to a friend. 
  •  
This weekend, enjoy North Sunday parkways. East Portland is on July 18, followed by Southeast Portland on August 15, and Northwest Portland on September 26.  Visit http://www.portlandsundayparkways.org/ for additional information. 

The Portland Photo of the Week

Congrats to Michael Barton for this great image of Pioneer Courthouse Square.  Very cool image, Michael!  Thanks for sharing it with us.

Our weekly Portland photo winner scores a $20 gift certificate to a local Portland business.   Michael will receive a gift cert to one of our favorite coffee shops of all time, The Red E Cafe. The gorgeous Red E is located in North Portland and is one of the most highly esteemed coffee shops in all of Portland.  Read our review on the Portland coffee scene. There is a reason why our Portland coffee shops and coffee roasters get written up in the New York Times, folks.

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! 

Pioneer Sqaure by Michael Barton

 

Featured Portland Events this Week

Here are the featured Portland events this week!  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.

Tigard Festival of Balloons

Join us June 25th - 27th, 2010! Weekend events will include a carnival from Funtastic Traveling Shows, a premier youth soccer tournament, exhibitors, food, BBQ contest, Festival of Cars, Rogue beer garden and of course morning hot air balloon launches and NW Natural Night Glows!

About the Festival - It’s the fun-filled Festival of Balloons in Tigard and it’s happening June 25th, 26th, and 27th 2010! The hot air balloons are definitely the featured attraction of the festival, but ... it’s MORE than balloons!

Get down to Cook Park early each morning to experience the spectacular hot air balloons as they launch (weather permitting) and dot the morning sky. Spend the afternoon shopping at the craft and business vendor booths. Don’t miss the Festival of Cars on Sunday, or the weekend-long Pacific NW BBQ Association Cook-Off. Of course, it wouldn’t be the festival of balloons without the ever impressive Northwest Natural Night Glow on Friday & Saturday nights; the Rogue Beer Garden, live music on the Comcast Stage; Funtastic carnival fun center, magicians, cotton candy, and a whole lot more! It’s MORE than just balloons!

Click to View this Portland Event: Tigard Festival of Balloons

 

Bike Tour - Lake Oswego Festival of the Arts

Singing Planet eBikes - Electric Bike Tours, http://www.singingplanetebikes.com/?p=tours

Lakewood Festival of the Arts Tour Loop
Saturday June 26, 2010 10:00am – 9:00pm
Sunday, June 27, 2010 10:00am – 6:00pm
Our tour starts at The Lakewood Center for the of Arts in the beautiful Lake Oswego Oregon. Some of Oregon’s best artists are featured in this annual showcase (http://www.lakewood-center.org/pages/lakewood-festival-events). After browsing the art show, we’ll ride along a 14 mile loop which passes through a forested state park with creek and visitor’s center – Tryon State Park.

Click to View this Portland Event - Bike Tour - Lake Oswego Festival of the Arts


The Great Portland Revival

On July 3rd, 2010 in Lents Park (92nd and SE Holgate) we will be hosting "The Great Portland Revival" in hope to spread the love of Christ. Since this is being held a day prior to Independence Day we will be doing a holiday theme starting with the freedom of democracy through speech and music to freedom that is found only in Christ. The goal is to reap in a harvest for the Lord. A good time to bring a non believer.

Click to View this Portland Event: The Great Portland Revival

 

Disney's The Lion King

Fred Meyer Broadway Across America Portland presents Disney's The Lion King

Wednesday, June 16th - Sunday, July 11th
$28.75 & up

Tickets: The PCPA box office, Ticketmaster


JUNE Wed 16 7:30 p.m., Thu 17 1 & 7:30 p.m., Fri 18 7:30 p.m., Sat 19 2 & 7:30 p.m.

Experience the phenomenon of Disney's THE LION KING. Marvel at the breathtaking spectacle of animals brought to life by award-winning director Julie Taymor, whose visual images for this show you'll remember forever. Thrill to the pulsating rhythms of the African Pridelands and an unforgettable score including Elton John and Tim Rice's Oscar®-winning song "Can You Feel The Love Tonight" and "Circle of Life." Let your imagination run wild at the Tony® Award-winning Broadway sensation Newsweek calls "a landmark event in entertainment." Portland's most eagerly awaited stage production ever will leap onto the Keller Auditorium stage June 16-July 11, 2010.

Click to View this Portland Event:  Disney's The Lion King

 

Miracle Theatre Group - Songs for a New World

Four actors, two musicians and a baby grand ... Miracle Theatre Group and Staged! Portland’s Musical Theatre Series are collaborating to unplug the traditional summer musical in an intimate, acoustic presentation of Tony Award-winning Jason Robert Brown’s first produced musical, the off-Broadway hit SONGS FOR A NEW WORLD.

From a ledge 57 stories above Fifth Avenue to the deck of a 1492 Spanish sailing ship ... from a young man who hopes basketball is his ticket out of the ghetto to the wife of a certain North Pole resident who loves her husband but just can’t face another Christmas alone ... it’s the hard choices and startling discoveries we make at pivotal moments in life that drive the stories of this theatrical song cycle filled with love, laughter, adventure and, above all, passion for life.

SONGS FOR A NEW WORLD plays June 18-July 3, 2010 at the Milagro Theatre (525 SE Stark St., Portland). Performances are Fridays and Saturdays at 8pm and Sundays at 2pm. Tickets are $17-$22 ($13 for students/seniors) when purchased in advance; $24-$29 ($19 for students/seniors) at the door. Tickets may be purchased by calling 503-236-7253, online from www.milagro.org or in person from the PDX Ticket Network community box office at the Hollywood Theatre daily 1-9 p.m. For more information about the production, visit www.milagro.org or www.stagedpdx.org.


Click to View this Portland Event - Miracle Theatre Group - Songs for a New World

 

Safeway Waterfront Blues Festival

It's back! Join us at 2010 Safeway Waterfront Blues Festival, July 2-5, Tom McCall Waterfront Park Portland, Oregon

http://www.waterfrontbluesfest.com/

World-class festival fights hunger: Admission: Daily donation of $10 and two cans of food benefits Oregon Food Bank.

View this Portland Event: Safeway Waterfront Blues Festival

 

 

Portland Blog, Forum Chatter & More

Moving - Help - Schools?

What's a Good Neighborhood to Move to?

Moving to Portland

Yet another Midwesterner Moving to Portland

Another Moving to Portland

Portland SmartTrips Carefree Commuter Challenge

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!

 

 Multnomah Neighborhood Report

By Ross Seligman

Multnomah is located in Southwest Portland. It is bordered by the Ashcreek, Maplewood, Hayhurst, Hillsdale, South Burlingame and Markham Neighborhoods.  To learn more, 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 Multnomah 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 Multnomah, 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 Multnomah neighborhood from 3/09 to 5/10:



In Multnomah, closed sales have dipped slightly over last month while pending sales have remained flat. Closed sales are almost double what they were last year at this time while pending sales are the same.  In May 2010, there were 39 closed sales, 49 pending sales, and 355 on the market.


More stats for you from your friendly neighborhood real estate statistics nerd:

One year change from May 2009 to May 2010:

Inventory (how many homes on the market for sale): Up 15.3%
Homes sold: Up 77.3%
Homes pending sale: Same as last year.

Chart for average price per square footage:




In the past 15 months, the average price per square footage in the Multnomah neighborhood has been between $139 and $302/sq. ft. In May 2010, the average price per square foot in the Multnomah neighborhood was $176. 

One year change from May 2009 to May 2010:

Change in Price Per Square Foot:
May 2009: 160
May 2010: 176
Percentage Change: Up 10.5%

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 May 2010, the average time on market for a home in the Multnomah neighborhood was 67 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 May 2010, sellers in Multnomah received, on average, 92% of their original listing price.

More stats for you:

Change from May 2009 to May 2010:

Time on Market: Down 16.2%
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 May 2010, the average price of a house on the market in Multnomah was $591,000. The average sale was $384,000.

More stats over one year:

Average active price: Down 13.6%
Average sold price:  Up 22.7%

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.  May 2010 in the Multnomah neighborhood was a buyer's market with 9.1 months of inventory.

By the way, This does NOT mean that it will take 9.1 months for your home to sell. That figure was, on average in May, 67 days.  Inventory is a figure that means that, if not another home were to come on the market in Multnomah from this point forward, in 9.1 months there would not be another home to sell.  They would all be sold.

Visit my website where you can contact me and search all Portland Metro Area listings from the RMLS: http://www.propertiesofportland.com

 

Best Real Estate Deals in Portland

Every week, Ross shares with us a selection of the best real estate deals in Portland. This week's report features something for everyone, from a mansion to a bungalow.  Check out this great American dream home, with a covered front porch, in Roseway: 

3007 NE 68TH AVE Portland, OR 97213 - Roseway - $375,000

See the listing here:  http://www.propertiesofportland.com/10049382

Take a peek at all the Portland real estate deals this week.

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 Day

Portland eBooks

Powell'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!

PS -- Want to read back issues of this blog?  Here ya go!

Connect with Portland

Check out our online community

Advertise

Salvage Works Portland

Singing Planet eBikes Portland


Thanks for reading this Portland blog. Check out these other helpful pages about Portland:

Find us on Facebook

Moving to Portland

Visiting Portland

Portland Neighborhoods

Portland Hotels

Portland Blog

Portland Events

Portland Oregon Real Estate

Portland Homes

Portland Transportation

Portland Zip Codes

Clickable Neighborhood Map

Portland Neighborhood Boundary Map 

Individual Neighborhood Maps

Portland Jobs

Portland Coffee Shops

Portland sites we love:

Portland Food & Drink

BarFly

Portland Food Carts


Copyright © 2005-2014 PortlandNeighborhood.com | All Rights Reserved

Return to top