Neighborhood Highlight – Portsmouth

The Portsmouth neighborhood in North Portland is our next highlight.  There is a mix of architectural styles here including: Bungalow, Ranch, Tudor, Cape Cod & Victorian built from 1900-1960s.  Portsmouth is filled with historic buildings, residential streets and is close to the Portland International Raceway (PIR). There are businesses, restaurants and entertainment along N Lombard St.

The boundaries of Portsmouth are N Columbia Blvd. at the North and Lombard St. to the South.  The Western boundary is the railroad tracks and N Chautauqua Blvd. out East.

You can learn more from the association website HERE.

Thank you,
-Justin

Winter 2020/21 – Portland Real Estate Market

JUSTIN’s
Market Update

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Welcome to KOVER Realty Group’s Winter market update for Portland Oregon. 

As I look at the real estate market currently, I have to pause and take into consideration everything around us in Portland. What jumps out at me, in all of my time working as a Realtor in the Portland metro area, never before have I seen this few houses for sale. December 2020 saw a meager 0.8 months and January 2021 shows 1.0 months supply of SFR houses for sale. Yikes! The result of this low supply is over a 10% increase in prices year over year in many neighborhoods.

My guidance for the remainder of the season for buyers is to be quick with offers as solid houses in the right neighborhoods will not last long. Sellers continue to be in a strong position but still need to price their houses competitively. With the historically low number of houses and condos for sale in Portland and the uncertain economy, I am still viewing the market as neutral.

KOVER Realty Group is following social distancing guidelines and face mask requirements during open houses and showings. To view a detailed weekly market report from my preferred title & escrow partner, First American Title Co., click below.

PORTLAND Oregon Market Report

MarketStatsPortlandOR_Spring2020

Thinking about buying or selling property in Portland or the surrounding area? I am here to help, call or text: 503.891.4725.

Thank you,
-Justin

Neighborhood Highlight – University Park

The University Park neighborhood in North Portland is our next highlight.  Home to the large campus of the University of Portland along the Willamette River bluff and historic homes along N Willamette Blvd.

The boundaries are the N Portland Railroad tracks to the West and N Willamette Blvd to the East. The Willamette River is to the South with N Lombard at the North.

You can learn more from the association website HERE.

Thank you,
-Justin

Fall 2020 – Portland Real Estate Market

JUSTIN’s
Market Update

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Welcome to KOVER Realty Group’s seasonal market update for Portland Oregon.   We are well into the Fall season with leaves turning color and colder weather arriving. With the holidays upon us, the real estate market tends to pull back.  

The pandemic continues to create uncertainty with the real estate market.  KOVER Realty Group is following social distancing guidelines and face mask requirements during open houses and showings.  Lower mortgage rates and low inventory are keeping demand up.  The number of SFR houses for sale has dropped below 900 units in Portland which is very low indeed.

My guidance for the remainder of the season for both buyers and sellers is to be patient. With the historically low number of houses and condos for sale in the Portland metro and the uncertain economy I am seeing a neutral market.

To view a detailed weekly market report from my preferred title & escrow partner, First American Title Co., click below.

PORTLAND Oregon Market Report

MarketStatsPortlandOR_Spring2020

Thinking about buying or selling property in Portland or the surrounding area? I am here to help, call or text: 503.891.4725.

Thank you,
-Justin

Neighborhood Highlight – Cathedral Park

The Cathedral Park neighborhood in North Portland is our next highlight.  There is a lovely park located on the waterfront under the St Johns bridge which gives this area of Portland its name.  You will find historic homes along N Willamette Blvd. with spectacular views of Downtown.

The boundaries are N Ivanhoe St to the North and the Willamette River to the South. Weyerhaeuser Ave. marks the Western boundary and the N Portland Railroad tracks are at the Eastern boundary.

You can learn more from the association website HERE.

Thank you,
-Justin

SOLD! – Wonderful Argay Downs Row House

$280,000 – 14519 NE Stanton Ct. Portland OR 97230.

Listed by Justin Sandifer, Principal Broker with KOVER Realty Group. Wonderful Row House in Argay Downs, a beautiful and spacious gated community. This 2bd, 1.5 bath 1312 sqft. unit has recent kitchen and bathroom updates including paint and tile. Cozy living room with fireplace and dining room. The main suite has a full bath, walk in closet and upper balcony overlooking a landscaped courtyard. Private patio, detached 1 car garage and additional deeded carport space. Plenty of parking for guests with quick access to Glendoveer Golf Course.

Call 503.891.4725 for more information.

Neighborhood Highlight – St Johns

St Johns in North Portland is our next highlight.  St. Johns is at the heart of North Portland with historic buildings, shops and businesses all in walking distance creating a small town vibe all its own.  The McMenamins Theater and Pub is a perfect spot to enjoy the surroundings. The historic St Johns Bridge is a Portland landmark spanning the Willamette river before it converges with the Columbia. The views are spectacular here of Downtown Portland, Port facilities and Forest Park.

St Johns is on a peninsula between the Columbia River to the North, Willamette River to the West and the N Portland Railroad to the East.  The Southern boundary is along N Ivanhoe St.

You can learn more from the association website HERE.

Thank you,
-Justin

Neighborhood Highlight – Overlook

The Overlook neighborhood in North Portland is our next highlight.  Houses here are a mix of Bungalow, Ranch, Tudor, Cape Cod & Victorian built from 1900-1960s.  Historic homes line N Willamette Blvd. and N Ainsworth St. with spectacular views of Downtown Portland, Port facilities and Forest Park.

The Overlook neighborhood boundaries are N Willamette Blvd & N Ainsworth St to the North and I-405 to the South.  The Western boundary is the Willamette river and I-5 to the East.

You can learn more from the association website HERE.

Thank you,
-Justin

SOLD! Refreshed Ranch House In Salem OR

Sold for $350,000 – 4812 Serra Ct. NE Salem OR 97305.

This property went Pending in 9 days and sold 11K over asking price by Justin Sandifer, Principal Broker with KOVER Realty Group at Acquire Properties. Located in North Lancaster, a quiet neighborhood of Salem OR. This refreshed ranch house has 3bd and 2ba, featuring new paint inside and out. Modern touches with new flooring, trim and fixtures. Oversized garage and beautifully landscaped front and backyard.

For information contact 503.891.4725

SOLD! Rare Row House in Argay Downs

SOLD for full list price, $319,000 – 14541 NE Stanton Ct. Portland OR 97230.

Listed by Justin Sandifer, Principal Broker with KOVER Realty Group in Argay Downs, a peaceful and spacious gated community. Many upgrades including floors, mini-split, new plumbing, paint and updated bathroom. Cozy living room with vaulted ceilings, fireplace, den and formal dining room. Enjoy two main suites each with a full bath and walk in closets. Private patio, upper balcony overlooking a landscaped courtyard and detached 2 car garage. Plenty of parking for guests, available RV storage and quick access to Glendoveer Golf Course.

Call 503.891.4725 to schedule your own consultation to buy/sell your next home.