By The Dream Digs Team, September 17, 2018
THE HISTORY:
Spanning some of Northeast Portland’s most historic areas, Portland’s Boise-Eliot neighborhood has undergone a significant shift within the past two decades. Emerging from the center of the former City of Albina, the area was formally incorporated into the city proper in 1887. The historic face of the district has since been modernized to include some of the city’s most popular commercial stretches.
THE MARKET:
The real estate market in Portland’s Boise-Eliot neighborhood reflects the area’s character, featuring a combination of old Victorian and Portland-style homes as well as modern lofts. Currently, homes in the area sell for an average of $758,726, with nearly 40 listings currently available. According to Portland Monthly’smost recent real estate market study, Portland’s Boise-Eliot neighborhood is estimated to experience a growth in average home prices of over 60% within the next five years.
WHAT WE LOVE ABOUT BOISE-ELIOT:
Now unrecognizable from its neglected past as residential community, much of Boise-Eliot now represents the creative and entrepreneurial energy frequently affiliated with the City of Portland. Here, a cultural hub has blossomed from its industrial roots, creating a vibrant community enjoyed by locals and tourists alike. The density of amenities exceeds that of many of the city’s areas, with residents enjoying an average of 20 restaurants, bars and coffee shops in within a five-minute walk.
NEARBY DESTINATIONS:
Food: Gravy,Interurban,Miss Delta,Tasty N Son’s,XLB, The People’s Pig
Late Night: Crow Bar, The Rambler, Sidecar, Stormbreaker Brewing,Ecliptic
Activities: In God We Trust, ink & peat, Lark Press, Queen Bee Creations, Spin Laundry Lounge, Dawson Park
DEMOGRAPHICS (2010 CENSUS)
Residents: 4,149
Median Age: 32
Under 18 years: 14.4%
18 to 64 years: 79%
65 years and over: 6.6%
COMPARABLE NEIGHBORHOODS:
Irvington
Average Home: $769,902
Laurelhurst
Average Home: $594,614
Vernon
Average Home: $615, 869
About Us:
Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.
THE DREAM DIGS TEAM
Aryne + Dulcinea, Earth Advantage Principal Broker | Earth Advantage Broker | ADU Specialists | OR
The Dream Digs Team are full-service, high-producing agents, who know how to navigate the unique challenges facing the Portland real estate market...
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- T: 503-380-5124
- aryne@livingroomre.com
