It’s a fabulous home and we’ll have great wine, food, and door prizes, including goodies from Imagine Interior Finishes and Home Staging .

15535 Village Drive, offered at $925,000

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• •Live, work, and entertain in a well designed, thoughtfully updated family home.

• Join an engaged, active, and well-organized community of successful neighbors.

• •Enjoy the lake’s finest private marina, just a short walk away.

• •Educate your children at some of the top-rated public schools in the area.

• Completely remodeled 5BR, 3BA 3,421 SF home with extensive built-ins has been impeccably finished.
• •Gourmet kitchen, wine-bar, formal dining room, great-room style family room, expansive back deck, complimented by an integrated sound-system make this home an entertainer’s dream.
• •Magnificent master suite with deck highlight thoughtful living spaces.
• •Two offices, each completely wired, are ideal for the modern family.

Offered at $925,000 MLS#8071717

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Views of Mt Hood and Willamette River

Walk up attic could be finished creating 400SF of space as master suite / office / bonus room. Full basement with high ceilings has inside and outside entrance - could be finished for 720SF additional living space or apartment.

Price: $399,000

Address: 4531 SW Water Ave, Portland, OR 97239

Upper Sqft: 729 Main Sqft: 720 Lower Sqft: 720 Attic Sqft: 400 Total Sqft: 2569

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Property is zoned CM (Commercial Mixed) which allows for business and living space. Adjacent to law office and across the street is new storefront commercial development with lofts above.

Price: $362,000

Address: 7515 SE Milwaukie Ave, Portland, OR

Sqft Upper: 273 Main: 988 Lower: 912 Total: 2173SF

Floor-plan for the Sellwood Bungalow

Virtual Tour

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We have preliminary market data for the month of May, 2008 for Portland City Limits Real Estate.

Highlights Include:

• $292,000 median price is approximately 2% below May 07 $299,000 median price
• 884 properties under contract (pending sales) is approximately 26% below last May’s contract sales of 1,200*
• Sold properties in May were on market an average of 64 days
• There are approximately 6.3 months of inventory on the market at the May sales rate

Portland City Limits Real Estate Market Report May 2008

Charts and tables with pricing, listing, for sale, pending sales, closed sales, days-on-market, and months-of-supply for Beaverton May 2006 - May 2008.

* This data is still early, final May numbers will not be reported until mid-month.

Looking at the numbers by region, it’s clear that Portland West is the softest region within the city: prices have retreated 7%, contracted sales are down 29%, average time-on-market is up to 90 days, and there is 8.6 months of inventory. Prices in the other three regions are only down less than 2%; inventories and time-on-market are markedly improved. I believe this is primarily a function of higher home prices on the west side of the river.

Southeast Portland Market Report

Northeast Portland Market Report

North Portland Market Report

Portland West Market Report

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We have preliminary market data for the month of May, 2008 for Western Suburbs Real Estate. Included in this report are the communities of Lake Oswego, West Linn, Tigard, Tualatin, Sherwood, Wilsonville, Beaverton (Aloha), Hillsboro, and the NW Washington County.

Highlights Include:

• $290,000 median price is approximately 3% below May 07 $299,000 median price
• 923 properties under contract (pending sales) is approximately 25% below last May’s contract sales of 1,226*
• Sold properties in May were on market an average of 85 days
• There are approximately 8.4 months of inventory on the market at the May sales rate

Western Suburbs Real Estate Market Report May 2008

Charts and tables with pricing, listing, for sale, pending sales, closed sales, days-on-market, and months-of-supply for Portland’s Western suburbs May 2006 - May 2008.

* This data is still early, final May numbers will not be reported until mid-month.

Looking at the numbers by region, it appears that Lake Oswego-West Linn is the softest region within the Western Suburbs. Even at seasonally high May sales rate, there is almost one year of inventory.

D.O.M - Days-on-Market M.O.S. - Months of Supply

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I have preliminary market data for the month of May, 2008 for Tigard, Tualatin, Sherwood, Wilsonville Real Estate.

Highlights Include:

• $321,000 median price is approximately 3% below May 07 $433,500 median price
• 175 properties under contract (pending sales) is approximately 18% below last May’s contract sales of 214*
• Sold properties in May were on market an average of 86 days
• There are approximately 9.1 months of inventory on the market at the May sales rate

May 2008 Market Report for Tigard, Tualatin, Sherwood, Wilsonville Real Estate.

* This data is still early, final May numbers will not be reported until mid-month.

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I have preliminary market data for the month of May, 2008 for Hillsboro Real Estate.

Highlights Include:

• $261,250 median price is approximately 7% below May 07 $282,000 median price
• 159 properties under contract (pending sales) is approximately 26% below last May’s contract sales of 193*
• Sold properties in May were on market an average of 103 days
• There are approximately 7.1 months of inventory on the market at the May sales rate

May 2008 Market Report for Hillsboro

Charts and tables with pricing, listing, for sale, pending sales, closed sales, days-on-market, and months-of-supply for Hillsboro May 2006 - May 2008.

* This data is still early, final May numbers will not be reported until mid-month.

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have preliminary market data for the month of May, 2008 for Beaverton Real Estate.

Highlights Include:

• $255,000 median price is approximately 4% below May 07 $266,800 median price
• 190 properties under contract (pending sales) is approximately 34% below last May’s contract sales of 287*
• Sold properties in May were on market an average of 76 days
• There are approximately 7.8 months of inventory on the market at the May sales rate

Beaverton Real Estate Market Report May 2008

Charts and tables with pricing, listing, for sale, pending sales, closed sales, days-on-market, and months-of-supply for Beaverton May 2006 - May 2008.

* This data is still early, final May numbers will not be reported until mid-month.

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We have preliminary market data for the month of May, 2008 for Portland’s Eastern Suburbs Real Estate. The eastern suburbs include Gresham, Sandy, Troutdale, Corbett, Milwaukie, Gladstone, Happy Valley, Clackamas, Damascus, Oregon City, Beaver Creek, Canby, Molalla, and MulinoHighlights Include:

• $270,000 median price is approximately flat compared to May 07 $270,000 median price
• 388 properties under contract (pending sales) is approximately 17% below last May’s contract sales of 469*
• Sold properties in May were on market an average of 79 days
• There are approximately 9.5 months of inventory on the market at the May sales rate

Portland’s Eastern Suburbs Real Estate Market Report - May 2008

Charts and tables with pricing, listing, for sale, pending sales, closed sales, days-on-market, and months-of-supply for Beaverton May 2006 - May 2008.

* This data is still early, final May numbers will not be reported until mid-month.

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