One of America’s Best Downtowns
Portland Oregon has been recognized on a short list of America’s best downtowns. They looked at attributes like attractiveness, accessibility, diversity of offerings, shops, restaurants, proximity of parks and cultural options.
“Although Portland is well known as a city that is friendly to bicyclists, it also has a walkable and attractive downtown that offers a wide variety of cultural options and commercial options. There’s a vibrant and active arts scene, great food on both the high and low ends, the country’s best selection of locally sourced craft beers, an attractive and popular riverside park, and Powell’s, the largest and one of the best independent bookstores in the country. And while you can, with some effort walk around much of Portland’s relatively small downtowns, its best to mike like a local and rent a bike – you’ll get around more effectively, see more of the area, and get a little exercise – all good things in the greenest of “America’s 50 Greenest Cities.””
http://travel.yahoo.com/p-interests-40804394
PLEASE CHECK OUT OUR WEBSITE http//:www.TonyandLibby.com
Portland Oregon Market Report
September Residential Highlights
Sales activity in the Portland Metro area showed improvements in closed and pending sales this September compared with September 2010, and the inventory level remained much lower than the same month in 2010. Closed sales grew 13.4% in September 2011 compared to September 2010. Pending sales were also up 17.5%, and new listings dropped 29.5%. Comparing the previous month of August 2011 with September 2011, closed sales decreased from 1,805 to 1,586 (-12.1%). Pending sales also went down from 2,187 to 1,861 (-14.9%). New listings fell from 2,879 to 2,501 (-13.1%). At the month’s rate of sales, the 10,666 active residential listings would last about 6.7 months.
Sale Prices
Average sale price for September 2011 declined 4.2% compared to September 2010. Median sale price also fell 3.8%. Month to month, comparing August 2011 to September 2011, sale price activity was mixed. Average sale price went down from $271,800 to $268,200 (-1.3%) while median sale price increased from $225,000 to $230,800 (2.6%).
Third Quarter Report
Comparing the third quarter of 2010 with that of 2011, sales activity was up. Closed sales jumped up by 21.5% (4,340 v. 5,275), while pending sales also increased by 21.6% (4,725 v. 5,747). New listings fell 27.6% (11,582 v. 8,380). In the same quarterly comparison, average sale price fell 6.9%, while median sale price dropped 7.5%.
PLEASE CHECK OUT OUR WEBSITE http//:www.TonyandLibby.com


Agent Profile
Tony and Libby Kelly, MBA, M.Ed. are ranked in the top 1% of REALTORS in Portland Metro. They have been featured on HGTV's "House Hunters" 3 Episodes & "My House is Worth What?" 4 Episodes. 

