- If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market.
- Housing inventory is still very low, prices are climbing back up, and homes are selling fast when priced right.
- If you want more information about our local area and what the trends mean for your plans to buy or sell, let’s connect.
Fun Things to do this week…
Pickathon 2023
Pickathon is back, baby! Beloved for its wide-ranging acts, pastoral setting, and pioneering sustainability practices, the long-running music festival will celebrate its 24th year with a plethora of talent including indie-folk duo
When: August 3–6, 2023
Where: Pendarvis Farm Rock Creek | 16581 SE Hagen Rd. Happy Valley, OR 97086
Cake
Cake will perform two full sets live in concert in The Cuthbert Amphitheater on Thursday, August 3, 2023.
When: Thursday, August 3, 7:30 pm
Where: Cuthbert Amphitheater | 100 Day Island Rd Eugene, OR 97401
THIS WEEKS REAL ESTATE UPDATE
Numbers help tell a story.
Numbers are powerful, especially when it comes to real estate! Whether you are assess whether it’s a good time to buy, sale or invest these numbers can be very valuable in determining offers or best sales price! PLEASE FEEL FREE TO REACH OUT WITH ANY QUESTIONS
Portland, OR 97230
Wed Aug 02 2023
This week the median list price for Portland, OR 97230 is $529,000 with the market action index hovering around 67. This is an increase over last month’s market action index of 66. Inventory has decreased to 33.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller’s Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Portland, OR 97220
Wed Aug 02 2023
This week the median list price for Portland, OR 97220 is $455,000 with the market action index hovering around 50. This is less than last month’s market action index of 64. Inventory has increased to 45.
Fairview, OR 97024
Wed Aug 02 2023
This week the median list price for Fairview, OR 97024 is $548,789 with the market action index hovering around 37. This is an increase over last month’s market action index of 36. Inventory has decreased to 17.
Troutdale, OR 97060
Wed Aug 02 2023
This week the median list price for Troutdale, OR 97060 is $588,500 with the market action index hovering around 54. This is less than last month’s market action index of 56. Inventory has increased to 20.
Gresham, OR 97080
Wed Aug 02 2023
This week the median list price for Gresham, OR 97080 is $562,447 with the market action index hovering around 46. This is less than last month’s market action index of 47. Inventory has increased to 110.
Portland, OR 97236
Wed Aug 02 2023
This week the median list price for Portland, OR 97236 is $589,450 with the market action index hovering around 47. This is less than last month’s market action index of 50. Inventory has increased to 50.
Portland, OR 97211
Wed Aug 02 2023
This week the median list price for Portland, OR 97211 is $719,900 with the market action index hovering around 63. This is less than last month’s market action index of 67. Inventory has increased to 51.
Portland, OR 97232
Wed Aug 02 2023
This week the median list price for Portland, OR 97232 is $872,450 with the market action index hovering around 51. This is an increase over last month’s market action index of 47. Inventory has decreased to 12.
Sellers: Don’t Let These Two Things Hold You Back
Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Read more
Pricing Your House Right Still Matters Today
While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Read more
Have you heard of HOMEBOT?
Find out everything you need to know about your homes current value here! Learn more
Are you thinking about selling your home?
FIND OUT HOW MUCH YOUR HOME IS WORTH?
RECIPE OF THE WEEK!
Grilled Chicken Breasts With Tadka-ish Sauce
Ingredient Checklist
DRESSING
- Zest and juice of ½ lemon
- 1 garlic clove, finely grated
- ½ cup buttermilk
- 1 Tbsp. mayonnaise
- 1½ tsp. pure maple syrup
- ½ tsp. freshly ground black pepper
- Kosher salt
CHICKEN
- 2½ lb. skin-on, boneless chicken breasts (about 5)
- 1 tsp. Diamond Crystal or ½ tsp. Morton kosher salt, plus more
- 2 Tbsp. extra-virgin olive oil
- ⅓ cup vegetable oil
- 1 Tbsp. nigella seeds or cumin seeds
- 5 scallions, thinly sliced
- Juice of 1 lemon
- 1 Tbsp. pure maple syrup
- ½ tsp. cayenne pepper
- 1 head of Little Gem or romaine lettuce, leaves separated, torn into large pieces
- 5 oz. peppery greens (such as radicchio, arugula, or watercress)
Instructions Checklist
DRESSING
- Step 1 Whisk lemon zest, lemon juice, garlic, buttermilk, mayonnaise, maple syrup, and pepper in a small bowl until mostly smooth and combined. Season buttermilk dressing with salt.
- Do ahead: Dressing can be made 1 day ahead. Cover and chill.
CHICKEN
- Step 2 Prepare a grill for medium indirect heat (for a charcoal grill, bank coals on one side of grill; for a gas grill, leave one or two burners off). Place chicken breasts on a plate. Season all over with salt, then drizzle olive oil over both sides.
- Step 3 Arrange chicken breasts, skin side up, over indirect heat, cover, and grill until cooked through and an instant-read thermometer inserted into the thickest part of a breast registers 160°, 10–12 minutes (bone-in breasts will take closer to 20 minutes).
- Step 4 Turn chicken breasts skin side down and move over direct heat. Grill until skin is golden brown and crisp, about 2 minutes. Transfer chicken breasts to a plate and arrange skin side up. Let rest at least 5 minutes.
- Step 5 Heat vegetable oil in a small saucepan over medium-high. Once oil is shimmering, add nigella seeds and cook until fragrant and oil around seeds starts to sputter, about 1 minute. Add scallions, reduce heat to medium-low, and cook, stirring constantly, until fragrant, about 1 minute. Immediately pour mixture into a medium bowl and let cool 5 minutes.
- Step 6 Whisk lemon juice, maple syrup, cayenne, and remaining 1 tsp. salt into nigella seed tadka.
- Step 7 Toss lettuce and greens in a large bowl to combine. Drizzle reserved buttermilk dressing over; toss to coat.
- Step 8 Slice chicken breasts on a diagonal ½” thick. Arrange over salad and spoon nigella seed tadka over.
Anticipation Punch
Indulgents
- 6 c. unsweetened white-grape juice
- 5 c. ginger ale
- Up to 2 cups vodka (optional)
- Halved strawberries
- Lime slices
- orange slices
Instructions Checklist
- Mix grape juice and ginger ale in a punch bowl.
- Add up to 2 cups vodka if desired.
- Serve in cups over ice with added strawberries and/or citrus slices.
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