Tag Archives: Portland

PDX March 2016 Market Update

Overview of Portland Market:

Intro

I have uploaded the Monthly Market Snapshot to my website.

Sellers: Find out the value of your home in today’s market; contact me today for a FREE Home Valuation.

Buyers: Connect with me for a FREE Consult about this market; ask about how you can make your offer stand out!

Mobile App: Monitor the market directly from your smartphone. This GPS-based mobile app is one of the best in the market!

Key Data*

Market update

In-Depth Data*

  • Closings and Accepted Offers: It was the strongest February in the area since 1997.

Closed Sales

  • New Listings: February new listings rose 15% compared to January.

New Listings

  • Active Listings: There were 3,226 active residential listings in the Portland metro area at the end of February 2016.

Active res listings

  • Days On Market: Total Days on Market is now at 60 days, up 3 days from January.

DOM

  • Average Sale Price: The average sale price of a home in the area has increased by 7.1% year-over-year.Sale Price
  • Inventory: The current home inventory is at 1.8 months! A balanced market offers a 5 to 6 months inventory. This is what we refer to as a seller’s market.

Inventory

*Source: RMLS Market Action (February 2016 Reporting Period; published in March 2016)

 

Marie Conser Broker John L Scott Sunset CorridorMy name is Marie Conser and I help people buy, sell and invest in real estate in the Portland Metro area. I specialize in the residential real estate market in West Portland, particularly: Cedar Mill, Oak Hills, Bethany, Rock Creek, Forest Heights, Beaverton and Hillsboro. Whether buying or selling, be it your first home, your last home, or building your investment portfolio, I can’t wait to help you achieve your goals.
Call, text 503-459-2726 or email me at marieconser@johnlscott.com today to start making your real estate dreams reality!

#PdxRealEstate #PdxRealtor #Whatsmyhouseworth #SellNow #HireaPro

 

 

Top 3 Light Displays In Portland This Season

Looking to get in the holiday spirit?  What better way than the holiday lights!  It is this time of year where lights go up and nights sparkle with colorful displays of holiday decorations!

Our family has its favorites; here are our top 3 this season!

#1: Zoo Lights (Nov. 27 to Jan. 3, 5pm to 9pm)

H_ZooLights-lawn-2015The Oregon Zoo Lights is a tradition that started back in 1988.  It is today a very popular attraction and you may want to consider buying your ticket in advance!

Good to know: there are “value nights” Monday through Thursday offering reduced admission, and discounts for Zoo members and Trimet users.  Make sure to check out these offers here.

#2: Winter Wonderland (Nov. 26 to Dec. 27th, closed Dec. 7th)

Winter Wonderland 2015This show is known as the “Largest Holiday Light Show of the Mississippi” and this 23rd edition is no exception.

The best part for us is that it is a drive-through light show: play some holiday music on the car radio, pack some hot chocolate and marshmallows and you have yourself a memory maker!

Times vary based on when you visit:

  • Sunday-Thursday: 5pm-9pm
  • Friday and Saturday: 5pm to 11pm

Make sure to visit their website for all pricing details, hours and special events!

#3: Peacock Lane (Dec. 15th to Dec. 31st, 6pm to 11pm)

This event is free to the public.  (Most of) the homeowners on Peacock Lane love to decorate their homes for the holidays!  Some do it with the help of professionals, some do it all on their own.  The result is a beautiful display of about a dozen homes oozing of holiday spirit!Peacock Lane

Peacock Lane is located between SE Stark St. and SE Belmont St.; it is one block East of SE 39th.  You may drive your car through the neighborhood but it is best appreciated on foot.  Also, know that three nights are reserved for pedestrians only: Friday Dec. 18th, Saturday December 19th and Sunday December 20th.

Organize your visit by checking their Facebook Page  and/or Twitter feed, as they will have the most up-to-date info.

So, which one will be your family favorite this holiday season?

-Marie

 

Why I chose John L. Scott

Today, I posted a formal announcement of my joining the firm John L. Scott on my Facebook page.

When it comes to real estate companies, there are many choices for a Real Estate Broker to chose from.  So why did I choose a regional firm when there are many other firms out there that may have a more recognizable name and might be nationwide?

Because real estate is first and foremost a people business.  J. Lennox Scott, Chairman and CEO of John L. Scott says it best: “Our business is Real Estate, but our company philosophy is living life as a contribution. It’s the core of who we are as a company.”  This translates into one of our core values: “It’s about the possibilities in our clients’ lives”.  No two clients are alike, no two needs, dreams or goals are the same.  As Real Estate Brokers, we are first and foremost consultants and educators for each of our clients.  In an era where real estate data is readily available to everyone who knows how to use a smart device, we help our clients make sense of the local market, navigate the buying or selling process and help them reach their real estate goals.

Because, as a professional, I want to work with a Company that will offer my clients the best tools to search and find their new home, to sell their house at the best possible price, in the best possible time, and to monitor the market with real time data sourced directly at the Multiple Listing Service.  How does John L. Scott achieve this?  Two examples: 1) For one, JLS has developed exclusive and trademarked marketing tools and systems to optimize the marketing of its clients’ listings because it is THAT important; 2) JLS has developed what I consider the best mobile app on the market; The GPS Home Search App 3.0 is ideal to help you keep a finger on the pulse of the market (pun intended)!  JLS prides itself in staying ahead when it comes to technology and marketing strategies to best serve its clients and they deliver.

Because when it comes to real estate, local knowledge is paramount.  I firmly believe that to bring value to your clients, you need to know your local market.  I have lived in the Rock Creek / Bethany/ Cedar Mill / Forest Heights area for ten years now (with a short detour by Colorado to keep things interesting).  I have seen this area change with price dipping in the recession and bouncing back up, and grow with new construction.  It is a dynamic market, close to major employers (Intel, Nike), highways (26 and 217) and convenient to downtown!

So what’s not to like?  John L. Scott, a regional independent company, with over 80 years of proven history of excellence in the markets it serves, has it all: local, expertise, excellence.  And that is why I chose John L. Scott.

– Marie