By The Dream Digs Team, January 10, 2019
THE HISTORY
The legacy of Portland’s historic Laurelhurst neighborhood began in 1850, when Congress passed the Donation Land Claim. This statute encouraged European immigrants to migrate west, providing a powerful incentive which granted eligible populations ownership of up to 640 acres of land. More than 7,400+ patents were issued, making it one of the most substantial public land sale policies in national history. Portland’s historic Laurelhurst neighborhood evolved as a direct result of this legislative initiative and was officially founded in 1909.
THE MARKET
One-hundred and ten years later, Laurelhurst is one of the most enviable and established neighborhoods in Portland. Of the approximately 4,600 Portlanders who reside in the area, more than 80% own their homes. Representing one of the highest percentages of home-ownership for any district city-wide, Portland’s historic Laurelhurst neighborhood is a consistently competitive market. Portland Monthly projects homes in this area sell for an average of $654,275 and last only 26 days on the market.
WHAT WE LOVE ABOUT LAURELHURST
Exploring the tight-knit community will reveal an eclectic collection of architectural styles, meticulous gardens and dreamy public parks. The winding, tree-lined trees of Laurelhurst showcase a collection of homes impressive for both their stature and architectural styles. Here, you’ll find stately mansions, vintage Tudors and historic bungalows. Earning a Walk Score of 79, Laurelhurst provides easy access to 134 restaurants, bars and cafes.
Dinner: Pambiche, Laurelhurst Market, Restaurant Row
Events: Portland Greek Festival, Christmas on Peacock Lane, Annual Laurelhurst Yard Sale,
Activities: Laurelhurst Theater, Laurelthirst Pub, Hollywood Vintage Costume Shop, Music Millennium
Parks: Laurelhurst Park
DEMOGRAPHICS (2010 CENSUS)
Residents: 4,633
Median Age: 43
Under 18 years: 24%
18 to 64 years: 64.4%
65 years and over: 11.6%
COMPARABLE NEIGHBORHOODS
Average Home: $$632,224
Roseway
Average Home: $435,826
North Tabor
Average Home: $489,450
Sabin
Average Home: $601,490
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
