DIRKS REAL ESTATE REPORT (WEEK 17 – 2024)

Top 10 Portland Neighborhoods 2024

When searching for a new home in Portland, it’s crucial to find a neighborhood that suits your lifestyle and preferences. With its diverse range of communities, Portland offers something for everyone, from historic charm to trendy urban living. To help you find the perfect neighborhood for you and your family, we’ve researched various factors, including average home prices, school quality, and walkability scores. Here are our top 10 Portland neighborhoods:

1. Sellwood-Moreland Sellwood-Moreland offers a unique blend of small-town charm and urban convenience. Nestled along the Willamette River, this neighborhood boasts picturesque waterfront views and a thriving local community. With a mix of historic Victorians, cozy coffee shops, and family-friendly parks, Sellwood-Moreland is an inviting place to call home.
2. Laurelhurst For those seeking historic charm and scenic beauty, Laurelhurst is an excellent choice. As one of Portland’s oldest neighborhoods, Laurelhurst features tree-lined streets and a variety of architectural styles, from grand Craftsman homes to quaint bungalows. The neighborhood is home to the beautiful Laurelhurst Park, making it a peaceful retreat in the heart of the city.
3. Irvington Located in central Portland, Irvington is known for its prestigious homes and strong sense of community. With easy access to downtown and excellent walkability scores, Irvington is popular among commuters and families alike. The neighborhood boasts beautifully manicured lawns and a family-friendly atmosphere, making it a desirable place to live.
4. St. Johns St. Johns offers a unique blend of industrial heritage and small-town charm. Situated at the confluence of the Willamette and Columbia Rivers, this neighborhood boasts stunning views and plenty of outdoor activities. While St. Johns may not have the highest school rankings, its affordable cost of living and strong sense of community make it an attractive option for many.
5. Goose Hollow Goose Hollow combines historic charm with modern convenience, offering quick access to downtown Portland and a vibrant local scene. With its proximity to Providence Park and a variety of parks, cafes, and pubs, Goose Hollow is perfect for those who enjoy an energetic lifestyle.
6. Boise Boise is a vibrant and diverse neighborhood known for its mix of old and new. From Victorian cottages to contemporary urban lofts, Boise offers something for everyone. With its lively local businesses and excellent walkability scores, it’s no wonder Boise is considered a “destination neighborhood” in Portland.
7. Hollywood District The Hollywood District may be small, but it’s big on character. With its lively commercial district, iconic Hollywood Theatre, and vibrant farmer’s market, this neighborhood exudes Portland charm. Hollywood District is family-friendly and community-oriented, making it an ideal place to call home.
8. Northwest District (Nob Hill) Nob Hill is a blend of old-world charm and modern city living. With its historic Victorian homes, bustling commercial district, and proximity to Forest Park, this neighborhood offers the best of both worlds. Whether you’re strolling down NW 23rd Avenue or exploring the trails of Forest Park, there’s always something to see and do in Nob Hill.
9. Pearl District The Pearl District is one of Portland’s most famous neighborhoods, known for its upscale living and vibrant arts scene. With its luxury apartments, high-end boutiques, and gourmet restaurants, the Pearl District is perfect for those who enjoy the finer things in life. While it may not be the most family-friendly neighborhood, its excellent walkability and abundance of amenities make it a popular choice for urban dwellers.
10. Sylvan-Highlands Sylvan-Highlands is a forested oasis nestled in the Tualatin Mountains. With its upscale homes, excellent schools, and proximity to nature, this neighborhood is perfect for nature lovers. While it may not be the most walkable neighborhood, Sylvan-Highlands offers plenty of parks and trails for outdoor enthusiasts to explore.
    
    Whether you’re drawn to the historic charm of Laurelhurst, the small-town feel of Sellwood-Moreland, or the vibrant urban energy of the Pearl District, Portland offers a neighborhood to suit every lifestyle. From family-friendly communities with excellent schools to trendy, up-and-coming districts with a thriving arts scene, there’s no shortage of options to explore. Whatever your priorities may be, you’re sure to find a place to call home in one of Portland’s diverse and dynamic neighborhoods.

Fun Things to do this week…

The People’s Joker
In many ways, the true diva of The People’s Joker has been Warner Bros. Discovery. The massive media giant sent a letter that shut down all but the premiere screening of the indie comedy spoof at Toronto International Film Festival in 2022. 
When:  Every day, through April 25
Where:  Hollywood Theatre Hollywood District |  4122 NE Sandy Blvd Portland, OR 97212

Classical Up Close
Classical Up Close is the Oregon Symphony’s spring concert series that shares the tradition of chamber music with new audiences through free, casual pop-up performances. This weekend, the series will kick off at Powell’s iconic Burnside location with the string quartet of Emily Cole…
When: Dates through May 8
Where:  Various locations arounf Portland Area

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 Apr 24 2024
This week the median list price for Portland, OR 97230 is $499,950 with the market action index hovering around 51. This is less than last month’s market action index of 52. Inventory has increased to 48.

Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller’s Market
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Portland, OR 97220
Wed Apr 24 2024
This week the median list price for Portland, OR 97220 is $450,000 with the market action index hovering around 62. This is an increase over last month’s market action index of 54. Inventory has decreased to 29.

Fairview, OR 97024
Wed Apr 24 2024
This week the median list price for Fairview, OR 97024 is $624,950 with the market action index hovering around 54. This is an increase over last month’s market action index of 52. Inventory has increased to 6.

Troutdale, OR 97060
Wed Apr 24 2024
This week the median list price for Troutdale, OR 97060 is $610,950 with the market action index hovering around 62. This is an increase over last month’s market action index of 56. Inventory has decreased to 6.

Gresham, OR 97080
Wed Apr 24 2024
This week the median list price for Gresham, OR 97080 is $550,700 with the market action index hovering around 44. This is about the same as last month’s market action index of 44. Inventory has decreased to 68.

Portland, OR 97236
Wed Apr 24 2024
This week the median list price for Portland, OR 97236 is $509,949 with the market action index hovering around 44. This is an increase over last month’s market action index of 41. Inventory has increased to 36.

Portland, OR 97211
Wed Apr 24 2024
This week the median list price for Portland, OR 97211 is $525,000 with the market action index hovering around 57. This is an increase over last month’s market action index of 52. Inventory has increased to 37.

Portland, OR 97232
Wed Apr 24 2024
This week the median list price for Portland, OR 97232 is $789,000 with the market action index hovering around 69. This is an increase over last month’s market action index of 60. Inventory has decreased to 3.

Houses Are Still Selling Fast

Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal. Read more

Will a Silver Tsunami Change the 2024 Housing Market?

Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market. 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!

Costco Chicken Bake

Ingredient Checklist

• 1/2 lb. bacon
• 2 tbsp. extra-virgin olive oil, divided
• 1 lb. chicken breast
• 1 tsp. Italian seasoning
• kosher salt
• Freshly ground black pepper
• 1/2 c. freshly grated Parmesan, plus more for sprinkling
• 1 lb. pizza dough
• 1/4 c. Caesar dressing
• 2 c. shredded mozzarella, plus more for sprinkling
• 2 green onions, thinly sliced
• Egg wash
• 2 tbsp. chopped parsley

Instructions Checklist

• Preheat oven to 425° and line a baking sheet with parchment paper.
• In a large skillet over medium heat, cook bacon until crispy. Drain on a paper towel-lined plate then chop into small pieces. Wipe skillet clean.
• To the same skillet, heat olive oil over medium-high heat. Season both sides of chicken breasts with Italian seasoning, salt and pepper. Add chicken to skillet and cook until golden on both sides, 6 to 8 minutes. Remove from skillet and let rest for 5 minutes before chopping into small pieces.
• Divide pizza dough into two pieces. On a lightly floured surface, roll and stretch pizza dough to about 1/4″ thickness.
• Spread half the Caesar dressing onto pizza dough and top with half of each the chicken, bacon, mozzarella, Parmesan, and green onions.
• Roll the pizza dough into a large log. Repeat with remaining ingredients.
• Transfer logs to the prepared baking sheet. Brush with egg wash and sprinkle with more cheese and Italian seasoning.
• Bake until golden and the dough is cooked through, about 25 minutes.
• Garnish with parsley, then slice and serve warm.
  
  
  

HOUSE FOR SALE

Looking for the new home? Search Here! 

North Portland
Northeast Portland
Northwest Portland
Portland Southeast 
Southwest Portland
Gresham
OPEN HOUSES

DO YOU KNOW SOMEONE WITH REAL ESTATE NEEDS

It’s as simple as clicking a button, send referral! If seeing our name reminded you of a friend, family member, coworker that may need some real estate guidance, we’d love to help. All you have to do is click the button below, share some simple info, and we’ll get in touch with them to find out how we can best serve their needs. 
REFER A FRIEND