On the other side of the Willamette River in Southeast Portland, Laurelhurst Park is a popular spot for finding Portland cherry blossom trees and other spring blooms. Laurelhurst Park is my favorite in the city for its recurring picnics, events and even summer dance parties. It also has 31 hilly but easily walkable acres (12.5 ha) and over 250 trees — many of which are cherry trees. One of the most charming parts of Laurelhurst may be the labels that identify and describe each tree in the park, made available thanks to the efforts of the Portland Urban Forestry Department.
Cherry blossoms aren’t limited to these parks; they’re also present throughout the city. It’s a delight to stumble upon a row of them along neighborhood streets or scattered around the grounds of a peaceful cemetery. Each experience is a pleasant surprise.
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 March 19 2024
This week the median list price for Portland, OR 97230 is $499,900 with the market action index hovering around 51. This is less than last month’s market action index of 55. Inventory has increased to 47.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller’s Market
The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Portland, OR 97220
Wed March 19 2024
This week the median list price for Portland, OR 97220 is $449,900 with the market action index hovering around 53. This is an increase over last month’s market action index of 49. Inventory has increased to 31.
Fairview, OR 97024
Wed March 19 2024
This week the median list price for Fairview, OR 97024 is $592,500 with the market action index hovering around 52. This is an increase over last month’s market action index of 40. Inventory has decreased to 2.
Troutdale, OR 97060
Wed March 19 2024
This week the median list price for Troutdale, OR 97060 is $599,950 with the market action index hovering around 54. This is less than last month’s market action index of 55. Inventory has increased to 13.
Gresham, OR 97080
Wed March 19 2024
This week the median list price for Gresham, OR 97080 is $576,000 with the market action index hovering around 46. This is less than last month’s market action index of 48. Inventory has decreased to 73.
Portland, OR 97236
Wed March 19 2024
This week the median list price for Portland, OR 97236 is $477,950 with the market action index hovering around 39. This is an increase over last month’s market action index of 37. Inventory has increased to 34.
Portland, OR 97211
Wed March 19 2024
This week the median list price for Portland, OR 97211 is $612,450 with the market action index hovering around 52. This is an increase over last month’s market action index of 51. Inventory has increased to 32.
Portland, OR 97232
Wed March 19 2024
This week the median list price for Portland, OR 97232 is $932,000 with the market action index hovering around 63. This is an increase over last month’s market action index of 59. Inventory has decreased to 4.
If Your House Hasn’t Sold Yet, It May Be Overpriced
Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year. That means buyers have fewer options than they usually would, so your house should be an oasis in an inventory desert. So, if homebuyers have limited choices and your house still hasn’t sold, there’s a reason why. Read more
What You Need To Know About Saving for a Home in 2024
If you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be. One way to ease those concerns is to make sure you understand some of the costs you may encounter up front. And to do that, always turn to trusted real estate professionals. They can help you set a plan and take a strategic look at your budget and your process before you even get started. Read more
Have you heard of HOMEBOT?
Find out everything you need to know about your homes current value here! Learn more
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FIND OUT HOW MUCH YOUR HOME IS WORTH?
RECIPE OF THE WEEK!
Caprese Chicken & Polenta Bake
Ingredient Checklist
- 4 thin chicken cutlets (about 1 lb. total)
- 1/2 tsp. Italian seasoning
- Kosher salt
- 1/4 c. extra-virgin olive oil, divided
- 1 (18-oz.) tube pre-cooked polenta, sliced into 1/2″-thick rounds
- 3 cloves garlic, minced
- 5 oz. baby spinach (about 5 packed c.)
- 2 c. store-bought or homemade marinara
- 1/3 c. water
- 8 oz. bocconcini (small fresh mozzarella balls), thinly sliced
- 1/2 c. packed fresh basil leaves, thinly sliced
Instructions Checklist
- Heat broiler to high. Season chicken with Italian seasoning and 1/2 teaspoon salt.
- In a large straight-sided skillet over medium-high heat, heat 2 tablespoons oil. Arrange polenta rounds in a single layer and cook until golden on the bottom, about 2 minutes. Using a thin metal spatula, flip polenta and continue to cook until golden on the other side, about 2 minutes more. Transfer polenta to a plate.
- Reduce heat to medium (skillet will be hot from searing polenta) and heat 1 tablespoon oil. Add chicken and cook, flipping halfway through, until golden brown on both sides and just cooked through, about 2 minutes per side. Transfer to plate with polenta.
- Heat remaining 1 tablespoon oil over medium heat. Add garlic and cook, stirring frequently, until fragrant, about 10 seconds. Add spinach and cook, tossing, until just wilted, about 1 minute more. Pour marinara and water into skillet and stir to combine.
- Remove skillet from heat and tuck chicken and polenta into sauce. Top with bocconcini.
- Broil until cheese is melted, about 3 minutes. Let cool 10 minutes. Top with basil.
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