Portland Real Estate Update

As if Portland area home buyers and sellers needed a reminder, The O published an interesting an article entitled "Portland area remains near top in US home-price gains" written by Elliot Njus.

The Portland metro area saw the second-largest jump in home values in April, trailing only Seattle.

Prices jumped 1.9 percent in the Portland area in April, reaching a level 9.3 percent higher than a year earlier, according numbers from the S&P CoreLogic Case-Shiller home price index released Thursday.
— Elliot Njus, The Oregonian/OregonLive

But the real juicy nuggets are nestled in the article's gallery "15 Portland-area neighborhoods where home prices are rising fastest" where you find interesting little tidbits like this:

No. 1: Pearl District/Old Town (97209)
The opening of Cosmopolitan on the Park, a 28 story condo tower, brought the Pearl District straight to the top of the list. The median sale price was $633,846, up 51.8 percent year-over-year.
— Elliot Njus | The Oregonian/OregonLive

Also noteworthy, this interactive infographics by Mark Graves lets you explore real-estate trends in the Portland area.