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This Week in Portland Sept 3 - Sept 9 2011

Happy Labor Day weekend!  Summer isn't over yet, Portland, in spite of those cool mornings and evenings we have enjoyed this week.   There are still lots of late summer Portland events to enjoy this week.  Head to the Oregon State Fair which runs through the 5th, or if you'd like to stay in town for a Portland staycation this weekend, then visit the Pearl District.  Art in the Pearl is this weekend!

The Portland Saturday Market will have a visit from the Cooking Channel this weekend, too.  And, let's not forget one of the most anticipated events of the season which kicks off late this week: MusicFestNW!  I had the pleasure of attending the event last year, and I am super excited to check out all the bands at this year's festival.  You can get a wristband for entry to all shows, or purchase individual tickets for shows at

MusicfestNW 2011 Commercial from MusicfestNW on Vimeo.

The eleventh annual MusicfestNW is coming back to Portland, Oregon September 7th - September 11th. This year Portland's largest and most successful music festival is at it bigger than ever featuring three nights of concerts at Pioneer Courthouse Square in addition to shows at 18 of the city's most venerable music venues. Produced by Willamette Week, MFNW teams up with music professionals from the local, regional and national music scene to curate this multi-venue festival featuring bands from indie, hip hop and punk backgrounds.

If you plan to attend, download the MusicFestNW App for iPhone and Android and plan your musical agenda:

Here are just a handful of artists performing in Portland this week:

Visit for more details, the lineup, tickets info, and more.

We came across this article we wanted to share, which outlines several upcoming changes on TriMet public transportation, starting September 4th.

TriMet Service Changes Effective September 4, 2011

Effective Sunday, September 4, 2011, we will be making schedule and/or route changes to relieve passenger crowding, to provide more reliable service, or to match service with ridership levels. There will be new schedules on 24 bus lines and MAX Blue Line.

MAX Blue Line

To relieve crowding, there will be a trip added traveling to Hatfield Government Center leaving Ruby Junction/E 197th Ave at 3:41 p.m. There will also be a trip added traveling to Cleveland Ave leaving Hatfield Government Center at 5:42 p.m. View the preview schedule


To relieve crowding, there will be a trip added traveling to SW 6th & W Burnside leaving Gresham Transit Center at 8:42 a.m. Scheduled times will change up to 9 minutes on weekdays and Sundays and will change up to 11 minutes on Saturday. View the preview schedule

6–Martin Luther King Jr Blvd

Scheduled times will change up to 8 minutes weekdays, Saturdays and Sundays. View the preview schedule

8–Jackson Park/NE 15th

To relieve crowding, there will be a trip added traveling to SW 6th & Alder leaving US Veterans Hospital at 2:28 p.m. Scheduled times will change up to 4 minutes on weekdays and less than 3 minutes on Saturdays and Sundays. View the preview schedule

There are several more changes, read the entire list of TriMet service changes on the TriMet Website here.

This Week's Top Ten in Portland

1) WWEEK MusicFest NW - Portland's Biggest Annual Music Fest - music all over Portland at multiple venues,  Sept 7-11.  Get a wristband for all shows, or purchase tickets for individual shows.

2)  Art in the Pearl - Annual Pearl District Art show and sale.  Visit
Art In The Pearl®, the annual arts festival, occurs every year on Labor Day weekend. Our 15th annual festival will be held this coming September 3th to September 5th, 2011 and hopes to be one of our best ever. Our festival fills the Northwest Portland Park blocks with art, theater, music, and hands-on activities for people of all ages.

3) Pearl District Sidewalk Sale - up to 80% off at several Portland Pearl District Shops, Labor Day Weekend.

4)  Oregon State Fair -

It's the last weekend to feel the fun of our summer State fair!  Visit the Artisan's Village, through September 5th

5)  Cooking Channel Truck Tour - this Saturday at the Portland Saturday Market.  Free samples of Great Northwest ice cream!  and

6)  Portland Poetry Slam - Sunday Sept 4th, Sunday, September 4. 7:30pm. $5.00 - PORTLAND POETRY SLAM

Portland's most punk rawk literary show extravaganza pitting 8 poets against each other for $50 and the chance to represent PDX poetry to it's finest. all ages $5 suggested donation, sign up @ 7:30

7) Guardian Games -
"Celebrating it's fifth year in Portland's gaming community, Guardian Games is Portland's grandest game store. 
With 14,000+ game items in stock everyday, if we don't have what you're looking for, let us endeavor to find it. From the latest & greatest, to the nostalgic & ancient; we love games and the people that play them! Our goal is to bring the community together. Guardian's monthly calendar is jam packed with recurring and special events to fit every gamers needs. You name it, we play it!  Finding us is half the adventure, we provide the rest!

8) The Basement Pub 10th Anniversary Party  - Labor Day Weekend is our 10 year anniversary!! Come celebrate with us.   Since 2001 the Basement Pub has been Southeast Portland's favorite neighborhood pub and gathering place. Check out our Facebook Wall for events and specials. 

9)  NW Portland Bacon, Arts, and Cupcake Festival -

CHAP invites the world to an art and food filled weekend to honor Austin Winters and Luke Jensen, creators of Bacon Boy and Sinister Sauce.  Both of these young boys bravely battled Leukemia till the end of their short but brilliant lives.  Please come and help us celebrate their lives through the art they created.  WHEN.....Labor Day Weekend,
WHERE....KitchenCru parking lot on the corner of Flanders and NW 8th Ave, WHY........Because CHAP has the only Bacon Bar on the planet, TIME........Sat/Sun...10-6pm......Monday 10-5pm

10)  Ducks Open 2011 Season -

EUGENE – The University of Oregon will open the 2011 football season Sept. 3 vs. LSU in a nationally-televised match-up to be played in Cowboys Stadium in Arlington, Texas, according to an announcement Tuesday by the two schools, Cowboys Stadium and ESPN, Inc.

The contest will represent the Ducks’ fourth meeting with the Tigers and their first since 1977, as well as Oregon’s first regular-season neutral-site contest since the 1985 season (USC in Tokyo). Oregon won the first meeting between the two schools in 1932, 12-0, but has lost its last two confrontations in 1934 (14-13) and 1977 (56-17).

The game is scheduled to be televised by either ESPN, ESPN2 or ABC.

View the Ducks season opener at your favorite Portland Sports Bar!

The Portland Photo of the Week

The Portland photo winner this week is by Fasai who shared this stunning image of  ZigZag Falls waterfall.  Thanks for sharing all of the great images on the site each week!  Got a great photo of Portland to share?  Come upload it!

Image by Fasai

ZigZag Falls, by Fasai

Our Portland Photo of the Week winner gets a gift certificate to a local Portland business of our choosing.  Fasai will get a $20 gift certificate to local business, Powells Books.  

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

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

Portland Timbers

August 3, 2011 at 6pm to October 22, 2011 at 7pm – various, see schedule Portland Timbers - Match Schedules Timbers Tickets: 8/03 7:30PM PDT ESPN2 Portland/Los Angeles 8/06 7:30PM PDT FOX 12 estrellaTV 8.3 San Jose/Portland 8/14 6 Organized by Portland Timbers | Type: portland timbers

ART = Whimsical

August 22, 2011 to September 23, 2011Concordia University - George R. White Library and Learning Center Organized by Concordia University | Type: art, exhibition

2011 Oregon State Fair

August 26, 2011 at 6pm to September 5, 2011 at 7pm – Salem, Oregon Welcome! With more than 9,000 things to Do, See and Taste, the 2011 Oregon State Fair (August 26 - September 5) is going to be Too Big to Miss! This is THE BIG event in Oregon (380,000+ attended last Organized by | Type: fair

Annual Dahlia Festival

August 27, 2011 to September 5, 2011Canby A must see for the dahlia lover, or if you just love flowers. View over 400 floral arrangements of dahlias in our two indoor display rooms. These displays vary in size from teacup to floor to ceiling Organized by | Type: flower, festival

Art in the Pearl

September 3, 2011 to September 5, 2011"Pearl District" Art In The Pearl®, the annual arts festival, occurs every year on Labor Day weekend. Our 15th annual festival will be held this coming September 3th to September 5th, 2011 and hopes to be one of our Organized by Art in the Pearl | Type: art in the pearl

SWEAT - Portland Sketch Comedy at Theater Theatre

September 3, 2011 at 8pm to October 1, 2011 at 9pm – "Theater Theatre" SWEAT - Portland Sketch Comedy, Fridays and Saturdays through Oct 1st.  Theater! Theatre!, 3430 SE Belmont Described as "Scream-with-surprise, rock-out-of-your-seat-with-laughter funny."   http://swe Organized by SWEAT | Type: sweat

Stumptown Spelling Bee

September 6, 2011 from 9pm to 11pm – "Someday Lounge" w/DJ Dundiggy; Someday Lounge, 125 NW 5th, 9 pm, $3 (FREE to spellers) Party people, and all of those orthographically-inclined who enjoy a drink or two, witness the first AMAZING STUMPTOWN SPELLING Organized by Stumptown Spelling Bee | Type: stumptown spelling bee

Blastolene Weekend

September 3, 2011 to September 4, 2011Portland Art Museum The Blastolene Brothers will show off some of their recent projects Labor Day weekend at the Portland Art Museum. See their one-of-a-kind, always oversized, outrageous vehicles on display, and hear t Organized by Portland Art Museum | Type: lecture

1st Annual Dan Dugan Fabry Foundation Fundraiser

September 3, 2011 from 3pm to 9pm – Rood Bridge Park Fundraiser for Fabry Disease. Food, Bounce house for the kids, silent auction. Sept 3, 2011 3pm to dusk Rood Bridge Park Organized by Beverly Dugan | Type: fundraiser

"God of Carnage"

September 6, 2011 at 7:30pm to October 9, 2011 at 7:30pm – Artists Repertory Theatre What’s so funny about parents acting like children? This 2009 Tony winner for Best Play, tells the story of two sets of parents who meet to discuss a bullying incident in what they hoped would be a “ Organized by Artists Repertory Theatre | Type: performance

WWEEK's MusicFestNW - MFNW Portland

September 7, 2011 to September 11, 2011Various, see website for schedule MusicFestNW is back! Portland Music Event The eleventh annual MusicfestNW is coming back to Portland, Oregon September 7th - September 11th. This year Portland's largest and most successful music fes Organized by WWEEK | Type: mfnw

 Southwest Hills Neighborhood - Portland Real Estate Market Report

Southwest Hills Portland Neighborhood Real Estate Report by Ross Seligman

The Southwest Hills neighborhood is located in what is popularly known as the "West Hills" in Portland. The hilly terrain and lush nature parks in this area create stunning views from many of the homes. Depending on which area you are in, you may have a panoramic view of downtown Portland, and on a clear day it is possible to see Mt. Hood, Mt. Adams, and Mt. Saint Helens in the distance.  To learn more, click here.

Are you keeping an eye on Southwest Hills 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 Southwest Hills 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 Southwest Hills neighborhood, 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 Southwest Hills neighborhood in the last 15 months:

In July 2011, there were 8 closed sales, 6 pending sales, and 47 homes on the market in the Southwest Hills Neighborhood.

One year change from July 2010 to July 2011:

Inventory (how many homes on the market for sale): Down 17.5%
Homes sold: Up 60%
Homes pending sale: Up 100%


Chart for average price per square footage:

In the past 15 months, the average price per square footage in the Southwest Hills neighborhood has been between $153 and $253/sq. ft. In July 2011, the average price per square foot in the Southwest Hills neighborhood was $195.

One year change from July 2010 to July 2011:

Change in Price Per Square Foot:
July 2010: 192

July 2011: 195

Percentage Change: Up 1.6%

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 July 2011, the average time on market for a home in the Southwest Hills neighborhood was 78 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 July 2011, sellers in Southwest Hills received, on average, 90% of their original listing price.

More stats for you:

Change from July 2010 to July 2011:

Time on Market: Up 77.3%
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 July  2011, the average price of a house on the market in Southwest Hills was $955,000. The average sale was $557,000.

More stats over one year:

Average active price: Up 3.8%
Average sold price:  Down 4.5%

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.  July 2011 in the Southwest Hills neighborhood had 5.9 months of inventory.

By the way, this does NOT mean that it will take 5.9 months for your home to sell. That figure was, on average in July, 78 days.  Inventory is a figure that means that, if not another home were to come on the market in Southwest Hills from this point forward, in 5.9 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 real estate and homes for sale from the RMLS, including school and neighborhood reports at :

Best Deals in Portland

Each week, we highlight two of the best Portland real estate deals on sale in Portland.  View Ross's full weekly list of  Portland Real Estate Deals, here.

1.2566 SW VISTA AVE Portland, OR 97201 - SW Hills - $699,900


5. 411 NW FLANDERS ST #309 Portland, OR 97209 - Old Town/Pearl - $192,000

To see the full listing click here

That's It!

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