Portland Real Estate

Selling Portland Homes Since 2003

Market Update March 2020

In response to COVID 19 we are taking extra precautions with your real estate needs. We are doing video tours of all our listings and virtual showings via Facetime or Skype. In the coming weeks we are experimenting with the concept of virtual open houses. From a market standpoint, in the week between 3/15/20 and 3/22/20 showings tracked by the RMLS dropped by 20%. In spite of the COVID crisis we have listed and sold several homes in the last few weeks. We will continue to update you on the market on this website. Please do not hesitate to contact us if you would like to discuss this further. We are all in this together. Thank you and stay safe, Brian 503-810-2219 and Amanda 503-805-2098.

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RMLS Action February 2020

There were 1897 closed sales in February of 2020, a 9.9% increase from the same time last year and a 14.1% increase from January 2020. New listings (2759) were up 12.9% from February of 2020. Pending sales (2598) were up 17.7% from last year at this time and up 14.4% from last month. Market time decreased slightly and is now on average 68 days for the Portland Metro Area. Inventory also decreased and is now on average 1.9 months. The average sales price has increased 5% from last year and is currently $460,200. 

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We sell all types of real estate in the Portland metro area. We have experience in selling single family homes, townhouses, condos and multi-family homes. Brian Porter has been a Realtor in Portland for 16 years and has the experience and team needed to assist with all your real estate needs. Below is a video of a new listing in N. Portland:

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Popular Searches:  Portland Homes, Portland Condos, Portland Townhouses and Portland Duplexes

The housing supply in Portland is limited and we are experiencing a “seller’s market.” This is great news for property owners who are looking to move up, downsize, change areas and so on. Homes are selling within weeks of being put on the market. We work with many sellers and are able to sell homes in record time with our marketing and selling skills. Brian has a formula for listing and successfully selling properties that he utilizes with all his clients, while keeping each listing fresh and marketable on the internet. It truly is an asset to have his experience working for you in this market.


Purchasing Real Estate in Portland is also an exciting venture in this market. It is imperative to be ready and able to purchase before looking at homes. We have the team needed to assist you in order to become ready to purchase and able to close on your new home. This market requires a full time agent that is constantly scouring the market for you and able to show homes as they become available to view. Brian has the knowledge, team and time in order to work hard with buyers in this fast paced market.


When you are looking for a Portland REALTOR, keep in mind that you want to work with a REALTOR that has the team, experience and local knowledge needed to make your experience a positive one. We have sold hundreds of properties over the years and have lived throughout the Portland Metro area as well. We are very familiar with living in the different types of homes and the various neighborhoods in this dynamic city and are thrilled to share this with you. 

On our Blog, we have graphs and data to keep you informed about this rapidly changing market, and we cover topics like, financing a condo in litigation. 

 

We sell Portland New Construction, Townhouses, and Single-Family Homes

Portland New ConstructionPortland New Construction is extremely desirable right now and newer homes in close in neighborhoods are becoming more prevalent. You get all the benefits of living in a close-in NE or SE Portland neighborhood coupled with having the convenience of a new home. Close in neighborhoods provide excellent schools, shopping, dining and entertainment nearby while being minutes from Downtown by car or public transportation. Portland is also an extremely walk-able city with great public transportation and lots of public art.

We work with builders in Portland that are constructing single family homes, townhouses and condos that really fit the neighborhoods. There are several projects in the works that will be coming on the market soon and others that we have currently listed. Please call or email us today for more details, we are excited to share this with you! 

And by the way, feel free to call us after hours or on the weekends. We look forward to hearing from you, and we will do our best to answer your real estate questions.  

As the owner of PortlandDuplex.com, I have been watching, studying and selling duplexes in Portland for the past 10 years. Multifamily property is a stable investment that offers reasonable returns and potential for appreciation.

Don't forget to check out our blog. It has dozens of article about Portland Real Estate, neighborhoods, market action, the local lending environment and other issues that affect homes in Portland.

Portland Realtor, Brian Porter

Thanks again,

Brian Porter
Portland Real Estate Broker
503.810.2219
JMA Properties, LLC
4507 NE Fremont
Portland, OR 97213
brian@brianporter.com

                                                                                       

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#portlandrealestate

#portlandrealestateagent

#portlandhomesforsale

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Address:
2303 SW 64TH AVE Portland, OR 97221
Price:
$625,000
Sqft:
0
MLS#:
20039206
Built:
1978
County:
Multnomah
Nhood/Bldg:
SOUTHWEST HILLS
Taxe/yr:
$8,165.78
Schools:
Bridlemile / Lincoln
Lot Size:
10,000 to 14,999 SqFt
Courtesy:
JMA Properties LLC
Zone:
R5
Status:
Active

View Details
Nice duplex in the Southwest Hills. Features include: high ceilings, hardwood floors, wood burning fireplace, two decks with territorial views, air conditioning, detached garage, off street parking, large master bedroom with en suite bathroom, soaking tub or walk in shower. Both units have refrigerators, dishwashers, washer/dryers and free standing ranges.
Address:
3526 NE 102ND AVE Portland, OR 97220
Price:
$299,900
Sqft:
1647
MLS#:
20338318
Built:
1948
Beds:
2
Baths:
1.0
County:
Multnomah
Nhood/Bldg:
PARKROSE
Taxe/yr:
$2,350.23
Schools:
Prescott / Parkrose
Lot Size:
5,000 to 6,999 SqFt
Acres:
0.12
Courtesy:
JMA Properties LLC
Zone:
R2
Status:
Active

View Details
Charming Parkrose Bungalow across from Maywood Park. Original wood floors, fireplace and charm in this cute 2 bedroom, one bathroom home. Good sized back yard and single car attached garage. Newer windows, slider and doors. Updated kitchen and bathroom. Don't miss this great value! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183338]
Address:
7108 NE 8TH AVE A Portland, OR 97211
Price:
$749,000
Sqft:
2442
MLS#:
20569591
Built:
2020
Beds:
4
Baths:
3.1
County:
Multnomah
Nhood/Bldg:
Woodlawn
Taxe/yr:
$0.00
Schools:
Woodlawn / Jefferson
Courtesy:
JMA Properties LLC
Zone:
R5
Status:
Active

View Details
Gorgeous contemporary craftsman in the heart of the Woodlawn neighborhood. High end finishes include quartz counter tops, hardwood floors, stainless steel appliances and custom tile. The master suite includes 2 walk in closets, a soaking tub, a walk in shower, dual sinks and beautiful tile work. Fun location near the Dekum Triangle, close to shops, public transportation, restaurants, coffee houses and local businesses.
Address:
815 N JESSUP ST Portland, OR 97217
Price:
$749,900
Sqft:
2922
MLS#:
20235434
Built:
2015
Beds:
4
Baths:
3.1
County:
Multnomah
Nhood/Bldg:
HUMBOLDT
Taxe/yr:
$7,938.96
Schools:
Beach / Jefferson
Lot Size:
0K to 2,999 SqFt
Acres:
0.06
Courtesy:
JMA Properties LLC
Zone:
R1
Status:
Active

View Details
Absolutely stunning contemporary home with ADU, that has been meticulously maintained. Features include an open floor plan, abundant natural light, hardwood floors, a gas fireplace, a chef's kitchen with quartz counter tops, gas range, custom walnut cabinets, a large walk in pantry... upstairs laundry, a broom closet and a coat closet too. The spacious master suite has a walk in closet, a luxurious bathroom with dual sinks, a custom tile walk in shower and tile floors. ADU is currently rented. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183341]
Address:
815 N JESSUP ST Portland, OR 97217
Price:
$749,900
Sqft:
0
MLS#:
20691855
Built:
2015
County:
Multnomah
Nhood/Bldg:
HUMBOLDT
Taxe/yr:
$7,938.96
Schools:
Beach / Jefferson
Lot Size:
0K to 2,999 SqFt
Courtesy:
JMA Properties LLC
Zone:
R1
Status:
Active

View Details
Absolutely stunning contemporary duplex, that has been meticulously maintained. Features include an open floor plan, abundant natural light, hardwood floors, a gas fireplace, a chef's kitchen with quartz counter tops, gas range, custom walnut cabinets, a large walk in pantry... upstairs laundry, a broom closet and a coat closet too. The master suite has a walk in closet, a luxurious bath with dual sinks, a custom tile walk in shower and tile floors. Apartment on main level is currently rented.
Address:
1115 NE Failing ST Portland, OR 97212
Price:
$429,000
Sqft:
660
MLS#:
20101981
Built:
2020
Beds:
2
Baths:
1.0
County:
Multnomah
Nhood/Bldg:
SABIN/IRVINGTON
Taxe/yr:
$3,158.93
Schools:
Sabin / Jefferson
Courtesy:
JMA Properties LLC
Zone:
R5
Status:
Active

View Details
Super cute contemporary tiny home in great location. Two bedrooms, one bathroom with an open kitchen and living room. Nice finishes and good quality craftsmanship from local builder. Excellent location close to restaurants, shops and local businesses. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182488]
Address:
5145 NE JARRETT ST Portland, OR 97218
Price:
$349,900
Sqft:
1569
MLS#:
20313292
Built:
1970
Beds:
3
Baths:
2.0
County:
Multnomah
Nhood/Bldg:
CULLY
Taxe/yr:
$4,871.02
Schools:
Rigler / Madison
Lot Size:
7,000 to 9,999 SqFt
Acres:
0.18
Courtesy:
JMA Properties LLC
Zone:
R7
Status:
Pending

View Details
Solid one level ranch in the Cully neighborhood on a quiet cul-de-sac street. This home features, 3 nice sized bedrooms, 2 bathrooms and an attached 2 car garage. Upgrades include A/C and vinyl windows. Seller rents the side yard to the owner of a tiny house. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183181]
Address:
3904 NE 11TH AVE Portland, OR 97212
Price:
$838,000
Sqft:
2442
MLS#:
20602825
Built:
2019
Beds:
4
Baths:
3.1
County:
Multnomah
Nhood/Bldg:
SABIN
Taxe/yr:
$3,158.93
Schools:
Sabin / Jefferson
Courtesy:
JMA Properties LLC
Zone:
R5
Status:
Pending

View Details
Gorgeous contemporary craftsman in the heart of the Sabin neighborhood. High end finishes include quartz counter tops, stainless steel appliances and custom tile. Great schools, close to shops, restaurants and local businesses. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182487]

12 Comments

May 04, 2011 16:06
John & Barbara Gignoux said:

Hello Brian, You may remember us. You were our agent when we purchased a condo at North Park Lofts several years ago. We are thinking about selling and wanted to speak with you.

July 16, 2011 18:15
Terence Lupton said:

I am likely relocating to Portland from San Francisco within the next two years. Could be sooner, could be later. I am looking for something less than $125,000. Maybe a short sale. I have seen some two bed short sales for this amount or less. Any ideas or advice? How should I approach this? I own a condo in SF now valued at $425,000, owe $212,000. Thanks. Terence

July 22, 2011 13:35
RONAwapy said:

Hi , very nice forum !!!!!! :) c

July 23, 2011 16:50
Al Henkin said:

Hi- We are condo investors (no experience in PDX)....all cash deals.Pearl/Goose Hollow/Alphabet/other close in locations considered. No high HOAs that would impact resale. Willing to bid (low) on long DOM properties with an experienced agent who can sort the properties. Looking for 2/2 or 1/2 w/Den condos... and experienced with short sales and REOs.No major fixers...Can close fast on right property.Need an agent who can work through the priced to sit MLS inventory, has access to pre-lists and can sort properties based on assessor, recent sales (not comps),and resale potential within 1 to 2 years (willing to hold)....Thanks, Al

July 24, 2011 12:48
Tanya Molina said:

Is the Benson Towers near the Esplanade and the Strand condos? I was down in that area today and liked it. What would a 1 or 2 bedroom go for? Same question applies for the Meriwether West. Thanks

March 02, 2012 09:09
sue said:

Which condos have HOAs that allow all breeds of dogs with good manners?

March 02, 2012 15:25
Brian Porter said:

Hi Sue, This is a great question. I wish I had a good answer for you, but I don't. Some condos will exclude certain breeds and other condos will put a weight limit on the pets allowed. I have never seen a list of condos that will allow all breeds; I have only been able to get this information on a case by case basis.

August 18, 2014 20:42
Gary Longfield said:

Is there a list of Duplexes outside Portland? Only preliminary looking but would rather be on the West or prefably SW- Sherwood, Tigard Lake O, Tualatin Ect. Would also be interested in exceptional deals(I know who wouldn't) bank owned single family 3+ bed in same area. Thanks!

August 25, 2014 08:38
Paco Chan said:

Hi, i have just started the process of looking for a single family home in the Portland area (including Beavorton, Happy Valley, Cedar Mill, etc). I would like to work with someone who can help me with this. To be honest, I will be relocating from overseas to Portland in the near future. So it will make the home shopping process a bit more challenging. Anyhow, I will be in town in late Oct for couple days just to see the area. If this sounds like an interesting opportunity to you, let me know how you would suggest to take this further. Here are some of my criteria for the house: -at least 4 bedrooms house -in good school district as I have 2 kids (2 and 4 now) -house which is no more than 3 years old or brand new house I have not decided to exactly which part of Portland is my final place. I am open to advice for professional like you. Looking for area which is family oriented, safe, and have good school district. The best way to reach me is through email. You can reach me at my overseas mobile number, but the 15 hours time zone difference will just make communication a bit more difficult. However, you can chat with me through Whatsapp as well. Tel: +853 6613-xxxx Look forward hearing from you, Best regards, Paco

August 25, 2014 09:02
Brian Porter said:

Thank you for reaching out to me via my website brianporter.com I will be very happy to help you find a nice, safe, family oriented home in Portland. From the criteria that you have mentioned, I think NW Portland (Forest Heights, Bethany and Rock Creek) would be good options for you. I think that Beaverton and Hillsboro should also be considered. Are you going to be working on the west side of Portland? I will send you some listings in a separate email for your consideration.

October 04, 2014 14:47
Ben Bennett said:

Just beginning to look in the area, and looking for a good search engine/site found yours. Any chance that your web vendor can add 'keyword searching' as we are looking for contemporary,or modern Thanks Ben

February 03, 2017 02:49
Erica Leary said:

Hello, I came across your site, and noticed that you work with clients in Portland area. I think there may be a good opportunity for us to work together. I am the owner of 360 Viral Video Marketing, a referral generation company that helps real estate agents increase their qualified leads and referrals. Currently we are looking to partner with an agent in Portland to test our solution in the market. When are you free for a 15 minute discussion about the Portland market? I look forward to talking with you, Erica Leary erica@360viralvideomarketing.com

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