By Aryne + Dulcinea, April 15, 2018
By Aryne + Dulcinea, April 15, 2018
THE MARKET:
Situated north of Alameda and Beaumont-Wilshire in the Portland’s fast-developing Northeast quadrant, the cozy Concordia neighborhood earned it’s name from nearby Concordia University. With over 100,000 residents, first-time homebuyers and established homeowners are drawn to the district for its diversity and access to local amenities. In their recent real estate issue, Portland Monthly projected homes located in the Concordia neighborhood area will average $518,304. Lasting an average of 25 days after listing, Concordia outperforms the city average of 31 days on the market.
WHAT WE LOVE ABOUT CONCORDIA:
The Concordia neighborhood grew to prominence in the 19th century, when many newcomers found refuge in the area following the 1948 Vanport flood, which displaced hordes of ship workers local to North Portland. Following the flood, Portland completed an extensive revitalizing project to improve the area’s retail and transit infrastructure, aiming to make the area more hospitable for its expanding population. Since that time, Concordia has earned recognition for being a hub for local artists. From the ashes of mid-century displacement, Concordia has blossomed into one of the liveliest districts in Northeast Portland. Earning a Walk Score of 76, residents in this area can walk to an average of seven eateries and bars within five minutes.
TOP DESTINATIONS:
Dinner: Wilder
Brunch: Mae
Coffee & Tea: The Cottage Pantry
Nightlife: Dame
Parks: Fernhill Park
DEMOGRAPHICS (2010 CENSUS)
Residents: 9,550
Average Age: 35.4
Under 18 years: 16.2%
18 to 64 years: 75.7%
65 years and over: 8.1%
COMPARABLE NEIGHBORHOODS:
Average Home: $439,806
Average Home: $435,826
Average Home: $489,450
Average Home: $ 373,944
For more insight into neighborhood trends within Northeast Portland, view our comprehensive real estate data set below.
ABOUT US
Portland, Oregon is a quirky, intelligent, and a design-oriented city with a love of all things local. And for Aryne + Dulcinea, Portland is home! In 2012, Aryne and Dulcinea saw an opportunity to turn their passion for Portland and living well into an optimal client experience. By joining both their creative and technical talents, they have developed a unique and holistic experience that is rooted in their commitment to service. Aryne + Dulcinea are Earth Advantage Brokers and ADU Certified Specialists and with over 15 years combined experience, take pride in their knowledge of versatile work/live spaces, green building, and high performing homes. Whether you are outgrowing your home, needing to pare down, ready to own more than one property, or just wanting another view out your window — they get it!