Almost nine out of 10 homes sold in the Portland area were priced below $750,000, according to J. Lennox Scott, chairman and CEO of John L. Scott Real Estate.
Due to a continuing shortage of inventory, sales activity of these residential properties were either frenzied or surging toward that, Scott stated in a report based on October 2020 data.
Scott’s analysis found there was also a low level of unsold inventory in Portland’s $750,000 to $1 million price range, and he called sales activity in this top-tier category surging toward greater intensity.
Which Portland area homes priced above $1 million have changed hands in the last months, during the coronavirus pandemic and high unemployment? Here’s a sampling:
A three-level Colonial mansion on South Corbett Hill Circle in Dunthorpe was sold for $3.9 million on Aug. 19, 2020 by Kathy Hall with Kevin Hall of Hasson Company.Hasson Company
A three-level, Colonial-style mansion on South Corbett Hill Circle in Dunthorpe sold for $3.9 million on Aug. 19, 2020.
A classic circular drive fronts the storied house, which was built in 1916 and has four bedrooms, six bathrooms, and 9,829 square feet of living space.
The 1.57-acre gated estate has space for a pool and tennis courts, said listing agent Kathy Hall with Kevin Hall of Hasson Company, who described the “iconic historical beauty" as “exuding the elegance and charm of yesteryear with fully updated systems and infrastructure.”
See homes for sale in Southwest Portland and the Dunthorpe area.
An updated, luxury view home on Northwest Cumberland Road in Portland’s King’s Heights was sold for $3.9 million on Oct. 1, 2020 by Libby Benz with Drew McCulloch of Windermere Realty Trust.Windermere Realty Trust
An updated, luxury view home on Northwest Cumberland Road in Portland’s King’s Heights sold for $3.9 million on Oct. 1, 2020.
The house, built in 1938 on 0.28 acres, has four bedrooms, six bathrooms and 6,697 square feet of living space.
There are panoramic views of the city, Willamette River and mountains from the paved entertaining area with a grill and fireplace as well as from the garden, lawn and putting green.
“The home was comprehensively restored with impeccable hand-chosen material throughout,” said listing agent Libby Benz with Drew McCulloch of Windermere Realty Trust.
See homes for sale in Southwest Portland and the Dunthorpe area.
A traditional-style house on South Military Road in Dunthorpe was sold for $3,705,000 on Nov. 5, 2020 by Kathy Hall with Kevin Hall of Hasson Company.Hasson Company
A traditional-style house on South Military Road in Dunthorpe sold for $3,705,000 on Nov. 5, 2020.
The main house, built in 1938 on 1.23 acres, has five bedrooms, three offices, a bonus space with a second kitchen, fitness studio, wine cellar, 10 bathrooms and 8,580 square feet of living space.
The main house has views of Mount Hood as do the heated terraces and outdoor living space with fireplaces, resort-style pool and spa, cabana with two bathrooms plus a pool guest house that includes a bedroom suite, full kitchen and full bathroom.
“Revel in privacy and room for everyone in this jaw dropping grand entertainer,” said listing agent Kathy Hall with Kevin Hall of Hasson Company.
See homes for sale in Northwest Portland
A penthouse in the Metropolitan tower in Portland’s Pearl District was sold for $3,412,500 on Nov. 6, 2020 by Patrick Clark of Realty Trust Urban.Realty Trust Urban
A penthouse in the Metropolitan tower in Portland’s Pearl District sold for $3,412,500 on Nov. 6, 2020.
The condo, built in 2006, has custom finishes, three bedrooms, an office, 3.5 bathrooms and 3,495 square feet of living space.
Glass walls and 900 square feet of balcony space take advantage of mountain, Willamette River, parks and skyline views. Included in the deed are two secure parking stalls and storage.
“A true gourmet kitchen features custom marble countertops, Sub-Zero, Wolf and Asko appliances,” said listing agent Patrick Clark of Realty Trust Urban.
See homes for sale in Northwest Portland
Check back for more examples.
— Janet Eastman | 503-294-4072
jeastman@oregonian.com | @janeteastman
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Portland area homes that sold for more than $1 million during the pandemic include historic mansions - OregonLive
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