The Portland Condo Blog

Archive for August 3, 2012

Condo of the week…The Henry!

The Henry  The Henry Condominiums Portland

The Henry is located on Couch between 11th and 12th. It consists of 123 Condos that
were built in 2004. This half block includes a retail base of approx. 11,000 sq.
ft. on the ground floor with three floors of parking above and 11 stories of
luxury condominiums.  Situated in The Brewery Blocks at the entrance to
Portland’s Pearl District. The Henry Condominiums  received gold LEED certification from
the U.S. Green Building Council, becoming only the third residential building in
the United States, at the time it was built,  to achieve this rating for
sustainable design and construction. Portland
condos
in the heart of the Pearl District.
Concierge:
YES
Location: Pearl District


July Condo Sales Data

Condo and loft sales for the Portland area from The Pearl District down to South Waterfront decreased slightly over last month with 41 sales in the +$200,000 market. In July we were expecting more closed sales as there were over 90 that were in a pending status last month. Delays in short sale and bank owned closings are most likely the reason we did not see more. In the upper end market, last month there were no sales in the $1,000,000+ market, this month we had 4!

Leading the way in condo sales for the month of July was Encore with 6 sales priced from $305,000 to $1,234,500. August should be another good month for Encore Condominiums as they currently have 8 units in a Pending status. Following Encore in number of sales for the month is Atwater Place in South Waterfront with 3 sales and Marshall Wells Lofts also with 3 sales in the month of July.

The sales of $1,000,000+ condos this month took place at The Casey, The Metropolitan, Encore and the townhomes on Riverscape near Pacifica Tower. 21% of sales this month were in the $750,000 and up market
Encore Condominiums in Portland   Atwater Place CondominiumsMarshall Wells Lofts

 

 

 

 

If you are looking to buy a condo or loft in the near future we suggest using a condo specialist!

If you have plans on selling your Portland condo or loft or know someone who is, we feel our condo and loft marketing program is second to none and we would like to sit down with you and show you our program. After all, condo buyers are smarter than ever and you can no longer afford to have an agent who will just put your condo in the MLS and wait!