AVIEWFROM PORTLANDMETRO The past year has been unprecedented on many fronts, including unexpected shifts in housing demand. Here in the Portland Metro, the luxury market had all time high activity levels with an increase in sales of 29%, mirroring universal trends explored in this report. While the value of what defines a "luxury" property can vary widely around the world (the most expensive home sold in the USlast year was a US$165million mansion in Los Angles, Calif.), in Portland Metro the benchmark price is generally accepted to be $1,000,000 or more.
RECENTMARKETMOVERS The overall Portland Metro area continues to see a shift with a record 107 sales in 2020 over $2,000,000. Luxury buyers have continued to make bold moves in 2021with multiple offers of high end homes becoming commonplace. Inventory issues have crept into the luxury market with only 2.0 months available for $1M - $2M. A much healthier 5.5months of inventory is available for homes $2M and above. We invite you to explore all Portland Metro neighborhoods at LivPortland.com.
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$2M AND UP
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OURLISTINGS
An estate like no other in the Pacific Northwest. 12900 Beck Rd, Dallas, OR $3,500,000
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1875 Exeter Dr Portland, Oregon 97202 {PROPERTY DESCRIPTION}
An incredibly unique classic Portland Home 1875 SE Exeter Dr, Portland OR $1,695,000
A. BRADLEY NELSON
Chief Marketing Officer Sotheby's International Realty
DALLAS OREGON US$3,500,000 sothebysrealty.com/ id/ NPL6S8 Cascade Sotheby's International Realty
PORTLAND OREGON US$1,695,000 sothebysrealty.com/ id/ KXK3Z5 Cascade Sotheby's International Realty
Our Offices OREGON COAST
PORTLAND AREA
Gearhart 587 Pacific Way, PO Box 2300 Gearhart, OR 97138
Pearl District 1321 NW Hoyt St Portland, OR 97209
Cannon Beach 130 North Hemlock, Suite 1 Cannon Beach, OR 97110
NE Portland 2236 NE Broadway St Portland, OR 97232
Manzanita 467 Laneda Avenue, Box 820 Manzanita, OR 97130
Vancouver W A 900 Washington Street Suite 150 Vancouver, WA 98660
Lincoln City 1831 SW HWY 101 Lincoln City, OR 97367
Lake Oswego 310 N. State Street, Suite 102 Lake Oswego, OR 97034
CENTRAL OREGON
Beaverton 8880 SW Nimbus Ave, Suite C Beaverton, OR 97008
Bend - Downtown 821 NW Wall Street Bend, OR 97702 Bend - Old Mill (HQ) 650 SW Bond Street, Suite 100 Bend, OR 97702
COLUMBIA RIVER GORGE Hood River 116 3rd St, Suite 209 Hood River, OR 97031
Sisters 290 East Cascade Avenue, PO Box 609 Sisters, OR 97759 Sunriver 57100 Beaver Drive, Building 5, Suite 150 Sunriver, OR 97707
The LivPort land Team LivPortland.com Joe@LivPortland.com 503.380.0246
Serving Oregon and SW Washington for 26 years