This folio offers information about The Cambridge at Summerplace, a residence of distinction. Please enjoy details of the property as presented by The Horswell Collection at Windermere Realty Trust.
Cambridge a RESIDENCE OF DISTINCTION in Summerplace THE
A storied home and one of the premier masterpieces in the unrivaled 55+ enclave of Summerplace, this Cambridge model is an architectural anomaly of generous proportion. It presides over the eastern perimeter greenway ridge to survey over the rooftops revealing beautiful evening sunsets and a glow on the horizon at night. Majestic in nature, its floor plan is transformational to meet all the obligations of an entertainer’s lifestyle while offering cozy spaces for rejuvenation. By virtue of its curated landscape that blends privacy before graciously pouring onto a private greenway, the home defines the epitome of refinement and comfort in the retired lifestyle. You’re invited to explore and dream how this residence meets expectations for the most discerning tastes as it effortlessly facilitates an aura of enjoyment, creativity, and hospitality.
ML 236922296 | PRESENTED AT $595,000 2037 NE 158th Place | PORTLAND OR 97230 2 BEDROOMS | 2 BATHROOMS | 1914 SF | BUILT 1990 VIEW AT LIVEINSUMMERPLACE.COM A perfect opportunity to place a personal touch on a home with an incredible footprint, it was originally constructed with an eye for detail and maintained to the highest standard. The property has been occupied by only two owners as one of the last areas developed in the Summerplace community.
RICHARD HORSWELL Real Estate Broker & Principal Creative Executive The Horswell Collection™ richard@windermere.com liveinsummerplace.com 503.752.1345
Flair!
LIGHT AIRY CONVIVIAL INVITING COMFORTABLE simply . . . an ORIGINAL
n Formal living room and dining room lend exceptional space for the entertainment experience with glimpses to the patios and greenway. n Kitchen with granite counters, breakfast bar, and ample pantry. Exceptional light with skylight and privacy screen to shield adjacent property. n Primary suite includes spectacular walk-in closet and ensuite bathroom with shower, vanity, ample storage, and room for dominating furnishings. n Interior flow through second bedroom/study facilitates an active lifestyle “in the round” and serves as a hub for the active lifestyle. n Backyard design facilitates afternoon shade and exceptional privacy with easy access to the greenway. Two additional conversation and gathering areas outside each have their own vibe and purpose. n Thoughtful side yard areas have multiple purposes, from specimen/herb garden to work area with storage cabinets. n Please review the amazing amenities Summerplace offers within this folio. Excellent opportunities for involvement and personal enrichment. Complete folio available at: www.liveinsummerplace.com
Entertainer’s Kitchen with Breakfast/Buffet Bar
Backyard patios without a lawn to maintain - steps from private community greenway.
n Family room with fireplace adjacent to the kitchen - allowing con- versation to stream seamlessly with culinary exploits. The break- fast bar offers a buffet option during events. n Storage throughout includes numerous closets and built-ins. n Garage includes pulldown attic ladder with shelved storage, two workbench areas, and a service door to side yard. n Restaurants with diverse dining options are easily accessible. Consult liveinsummerplace.com for some of Richard’s recommen- dations within the area. n Close access for athletic endeavors (many of which are involved with the SilverSneakers program). Cascade Athletic Club (4.8 miles) offers an array of activities and classes with tennis and swimming programs. METRO’s Glendoveer Golf & Tennis (1.8 miles) offers a 36-hole golf experience as well as four indoor tennis courts and 2-mile perimeter walking trail. Luuwit View Park offers a skate bowl and Summer movie night for young visitors. n Transit Friendly: Tri-Met (Stop 8592 on NE 148th to Gateway Transit Center/MAX Trains to Downtown); Very Bikeable - [Score 73]; easy I-205 and I-84 access; PDX International Airport (4.8 miles) n Convenient to grocery (Winco, Fred Meyer, Grocery Outlet, Right Price); Costco (2 miles); Banking; Commerce Centers; Parkrose Hardware (3.1 miles); Home Depot; Cascade Station (Ikea, BestBuy, Nordstrom Rack, Target, HomeGoods - 4.9 miles) n Lot: 52 ft x 90 ft (4,680 sf/.11 acres) - Summerplace, Block 20, Lot 14 n Taxes: R279014 [$7,697.24 - 2024]
Primary Suite welcomes morning light.
Second bedroom / Study is a unifying feature of the floor plan.
Delivering on our brand promise to provide clients with unmatched real estate representation for properties across the spectrum. richardhorswell.com
LIBRARY | READING LOUNGE Stellar AMENITIES
THE SUMMERPLACE BALLROOM Hosting HOA functions & available for rental
CLUBHOUSE GRAND ATRIUM
With the first evening glimpse of the iconic globe lightposts that encircle The Clubhouse at Summerplace, new resi- dents soon realize that they symbolize a shangri-la of activities and personal en- richment awaiting within the boundaries of this banner community. Swimming, spa, tennis, pickleball, billiards, table tennis, greenways for casual strolls, li- brary, classes/socials, interest groups, and signature seasonal events are of- fered at this platinum-level oasis where exceptional quality is maintained by its professionally-staffed HOA.
Richard’s 40+ years of Summerplace history makes onboarding easy.
Scan the QR code- with your phone camera to learn more about Summerplace and this exceptional home.
Call, email, or text to Schedule a Private Showing! A native Portlander, Richard is known for enriching residents - both new and old - about Portland’s history, cultural vibe, festivals, and business climate. Check out his personally-curated Insider’s Guide to the City of Roses under “Useful Links” at richardhorswell.com
RICHARD HORSWELL Real Estate Broker & Principal Creative Executive The Horswell Collection™ richard@windermere.com liveinsummerplace.com 503.752.1345
The Summerplace HOA neither endorses nor is affiliated with this broker advertisement or website liveinsummerplace.com
PORTLAND HEIGHTS OFFICE | 2424 SW Vista Ave Portland OR 97201 License 201252137 [Oregon] All information in this folio is deemed reliable, but is not guaranteed and should be independently verified.
All measurements are approximate and should be independently verified for accuracy.
Cambridge a RESIDENCE OF DISTINCTION in Summerplace THE
RICHARD HORSWELL Real Estate Broker & Principal Creative Executive The Horswell Collection™ richard@windermere.com liveinsummerplace.com 503.752.1345
Cambridge a RESIDENCE OF DISTINCTION in Summerplace THE
RICHARD HORSWELL Real Estate Broker & Principal Creative Executive The Horswell Collection™ richard@windermere.com liveinsummerplace.com 503.752.1345
DEMOGRAPHICS
PROPERTY ADDRESS
2037 NE 158TH PL PORTLAND, OR 97230
FEMALE POPULATION | 69,533
HOUSING INFO
70+ 60-69 50-59 40-49 30-39 20-29 10-29 0-9
138,433
52,451
50,148
2,303
0
0% 10% 20% 30%
MALE POPULATION | 68,900
HOUSEHOLD INFO
70+ 60-69 50-59 40-49 30-39 20-29 10-29 0-9
Male Head of Household
11.95%
Female Head of Household
25.96%
61.95% 15.23% 90.64%
Married
Unmarried
Children under 18 yrs
0% 10% 20% 30%
ASSESSOR MAP
STREET
AERIAL MAP
CITY OF PORTLAND
652,503
$40,146
35
49.54%
50.46%
POPULATION 2020 CENSUS DATA
MEDIAN INCOME 2010 CENSUS DATA
MEDIAN AGE 2010 CENSUS DATA
MALE 2010 CENSUS DATA
FEMALE 2010 CENSUS DATA
Portland is the largest city in the U.S. state of Oregon and the seat of Multnomah County. It is a major port in the Willamette Valley region of the Pacific Northwest, at the confluence of the Willamette and Columbia rivers. As of 2020, Portland had a population of 652,503, making it the 25th most populated city in the United States, the sixth - most populous on the West Coast and the second most populous in the Pacific Northwest, after Seattle. Approximately 47% of Oregon ’ s population resides within the Portland metro area.
SCHOOL DISTRICTS
AGE DEMOGRAPHIC 21.1% under age 18
Portland
Centennial Parkrose Riverdale
10.3% between ages 18 to 24 34.7% between ages 25 to 44 22.4% between ages 45 to 64
David Douglas
Reynolds
11.6% above age 65
HOUSING
53.75% of homes owner occupied
CITY QUICK FACTS Largest city in Oregon 145 square miles 50 feet elevation
46.25% of homes rented
POPULATION DENSITY
25th most populous city in the US Highest Average Temperature 81.1 Lowest Average Temperature 35.2
4,375.2 inhabitants per sq. mile 265,439 housing units at an average density of 1,989.4 per square mile
HISTORY
Named after Portland, Maine, the Oregon settlement began to be populated in the 1830s near the end of the Oregon Trail. Its water access provided convenient transportation of goods, and the timber industry was a major force in the city's early economy. At the turn of the 20th century, the city had a reputation as one of the most dangerous port cities in the world, a hub for organized crime and racketeering.
METRO AREA BASE MAP
OWNERS TITLE INSURANCE Why it's important
Financially speaking, the decision to buy a home is one of the biggest decisions a person will likely ever make.
Owner’s title insurance insures that, when the purchase is closed, the buyer is the owner of and has marketable title to the property, has access to the home, and there are no liens, claims, or restrictions on the buyer’s property, other than the mortgage the buyer agrees to pay.
If the preliminary title search uncovers potential problems, a buyer can require that those problems be satisfactorily dealt with before closing on the home.
In addition, owner’s title insurance protects buyers against a myriad of risks that not even the most careful title search can uncover, including things such forged documents, undisclosed or missing heirs of a previous owner, fraud, will disputes, and unrecorded claims of many types. Without owner’s title insurance, the legal costs to resolve such title claims could easily be in the tens of thousands of dollars and would have to be paid out of pocket by the buyer - not to mention the stress that such situations would cause to the buyer. Owner’s title insurance is one of the most affordable insurance policies a person can ever buy. Unlike other forms of insurance, there is only a one-time fee at closing for the policy, which financially protects the buyer’s investment for as long as the buyer or the buyer’s heirs own the home. So, if someone tells the buyer that owner’s title insurance is “optional”, that certainly does not mean that the buyer should not get it. Virtually every lender requires lender’s title insurance, but that insurance does not protect the buyer.
In order to safeguard the buyer’s investment in the property, which is possibly the most important investment the buyer will ever make, owner’s title insurance is absolutely critical.
WHAT IS ESCROW?
Understanding the Escrow Process An escrow is an arrangement in which a neutral third party (the escrow agent) assembles and processes many of the components of a real estate transaction, records the transaction, and ultimately, disburses and distributes funds according to the buyers’, sellers’ and lenders’ instructions. Your transaction is typically closed by an Escrow Officer. People buying and selling real estate usually open an escrow for their protection and convenience. Both the buyer and seller rely on the escrow agent to carry out their written instructions relating to the transaction and to advise them if any of their instructions are not mutually consistent or cannot be carried out. If the instructions from all parties to an escrow are clearly drafted, the escrow officer can proceed on behalf of the buyer and seller without further consultation. This saves much time and facilitates the closing of the transaction.
TYPICAL ROLES IN THE CLOSING PROCESS
The Escrow Agent
Clears Title Obtains title insurance Obtains payoffs and release documents for underlying loans on the property Receives funds from the buyer and/or lender. Prepares vesting document affidavit on seller’s behalf. Prorates insurance, taxes, rents, etc. Prepares a final statement (often referred to as the “HUD Statement” or ”Settlement Statement”) for each party, indicating amounts paid in conjunction with the closing of your transaction. Forwards deed to the county for recording. Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties. In Summary Escrow is the process that assembles and processes many of the components of a real estate transaction. The sale is officially closed when the new deed is recorded and funds are available to the seller, thus transferring ownership from the seller to the buyer. The escrow agent is a neutral third party acting on behalf of the buyer and seller.
The Seller/Agent
Delivers a fully executed Purchase Sale Agreement to the escrow agent. Executes the paperwork necessary to close the transaction. Deposits collected funds required to close (in with the escrow agent. Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement. Executes the paperwork and loan documents necessary to close the transaction. Deposits loan documents to be executed by the buyer Deposits the loan proceeds. Directs the escrow agent of the conditions under which the loan funds may be used
The Buyer/Agent
The Lender
WHAT IS TITLE?
Chain of Title – History of the ownership of the subject property Tax Search – The tax search reveals the status of the taxes and assessments Judgment and Name Search – Searches for judgment and liens against the owners’ and purchasers’ names Whether or not the Chain of Title shows that the party selling the property has the right to do so. The status of taxes for the subject property. The Tax Search will also indicate the existence of any special assessments against the land and whether or not these assessments are current or past due. Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or and purchasers. Rights established by judgment decrees, unpaid federal income taxes and mechanic liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights. The title search will only uncover defects in title that are of public record, thus allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance. What’s involved in a title search? A title search is actually made up of three separate searches: Once the three searches have been completed, the file is reviewed by an examiner who determines: In Summary After the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title. The buyer, seller and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination. or their existence is excepted from coverage. Your policy is issued after the closing of your new home, for a one-time nominal fee, and is good for as long as you own the property.
About Title Insurance Title is a bundle of rights in real property. Protecting purchasers and lenders against loss is accomplished by the issuance of a title insurance policy. Usually, during a purchase transaction, the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner's Policy). In short, the policy states that if the status of the title to a parcel of real property is other than as represented, and if the insured (either the owner or lender) suffers a loss as a result of a title defect, the insurer will reimburse the insured for that loss and any related legal expenses, up to the face amount of the policy, subject to exceptions and exclusions contained in the policy. Typically there are two policies issued. The Mortgagee’s Policy insures the lender for the amount of the loan. The Owner’s Policy insures the purchaser of the purchase price. How is title insurance different from other types of insurance? While the function of most other forms of insurance is risk assumption through the pooling of risks for losses arising out of unforeseen future events (such as sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past. To achieve this goal, title insurers perform an extensive search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property. Said defects/claims are either eliminated prior to the issuance of a title policy
.
WHO PAYS WHAT IN OREGON
SELLER PAYS
BUYER PAYS
TYPICAL COSTS
TYPICAL COSTS
The following costs generally affect all transactions: Escrow Fee - one-half of the fee, based on title company’s fee schedule Recording Fees - based on county fee schedule Title Premium - based on fixed statewide fee schedule Real Estate Commission - based on agreement with Broker Tax Prorate - to apportion taxes between parties as of date of closing General Costs - as listed for each specific transaction, as requested by principals Release fees for loan payoff(s)
The following costs generally affect all transactions: Escrow Fee - one-half of the fee, based on title company’s fee schedule Recording Fees - based on county fee schedule Fire Insurance Premium - mandatory when any lender is involved, including the seller’s lender Tax Prorate - to apportion taxes between parties as of date of closing General Costs - as listed for each specific transaction, as requested by the principals
LAND SALE CONTRACT TRANSACTION
Attorney Fee - optional, and is sometimes shared with seller Collection Escrow Setup Fee - optional, and is sometimes shared with seller Recording Fee - for contract or memorandum thereof Assumption or Assignment Next monthly payment due, if required by lender Recording Fee - for Assumption/Assignment of Agreement, if required by lender ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION
LAND SALE CONTRACT TRANSACTION
Attorney Fee - optional, and is sometimes shared with purchaser Collection Escrow Setup Fee - optional, and is often shared with purchaser Any delinquent payments to bring contract or loan current Prorate share of current month’s interest based on current rate ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION
CONVENTIONAL, FHA, VA LOAN TRANSACTIONS
CONVENTIONAL, FHA, VA LOAN TRANSACTIONS
Lenders title insurance policy & endorsements, as required by lender Loan Fee - as required by lender Credit Report Fee - as required by lender Appraisal Fee - as required by lender Mortgage Insurance Premium - based on fee schedule and endorsements of lender Prepaid Interest - if required by lender VA Loans only - funding fee, if required by lender FHA, VA, and some Conventional Loans - reserves for real property taxes, fire insurance and mortgage insurance
Any closing cost (not expenses of property or loan interest) negotiated on behalf of the purchaser, subject to lender’s approval FHA, VA Loans - check with lender for any applicable seller costs
DISCLAIMER: This flyer is not intended to be an all-inclusive list of fees and charges on every transaction, but rather a guide to the major costs of buying or selling real property. WFG would be happy to review and explain your closing cost prior to finalizing the transactions.
TITLE VESTING Common ways to hold title to real property
AS AN INDIVIDUAL An individual may hold title in his or her name only, regardless of whether or not married – e.g. “Jane Smith, an individual”. That individual then owns all rights to the property, which can be sold or transferred to others via will or trust. While a divorce is pending, however, if the property was acquired during the marriage it will likely be treated as part of the marital estate and thus be subject to court authority. AS TENANTS BY THE ENTIRETY A conveyance to a husband and wife creates a tenancy by the entirety – e.g. “John Smith and Jane Smith, husband and wife, as tenants by the entirety”. This creates a survivorship estate, which means that if one spouse dies, his/her interest will automatically go to the surviving spouse. A husband and wife may also take title as tenants in common (discussed below) if the intention to hold title in that manner is expressly stated. AS TENANTS IN COMMON Unless a conveyance expressly provides that the parties intend to create a survivorship estate (discussed below), a conveyance to two or more persons who are not married creates a tenancy in common in which each has (unless otherwise stated) an equal undivided interest in the property – e.g. “John Smith and Robert Jones, as tenants in common, each as to an undivided 50% interest”. Each tenant in common then owns an undivided interest in the entire property, which can be sold or transferred to others via will or trust. AS A SURVIVORSHIP ESTATE Two or more persons who are not married may also hold title as tenants in common with a right of survivorship, as long as the survivorship declaration is expressly contained in the deed – e.g. “John Smith and Robert Jones, not as tenants in common, but with the right of survivorship”. This creates a survivorship estate, which means that if one party dies, his/her interest will automatically go to the survivor and cannot be sold during the lifetime of or transferred via will or trust by the party who dies first. AS REGISTERED DOMESTIC PARTNERS Registered domestic partners may take title as (i) tenants in common– e.g. “Jane Smith and Mary Jones, registered domestic partners, as tenants in common, each as to an undivided 50% interest”, or (ii) in a survivorship estate similar to that of a tenancy by the entirety – e.g. “Jane Smith and Mary Jones, as registered domestic partners with right of survivorship”. AS A SAME SEX MARRIED COUPLE Same sex married couples may take title as (i) tenants in common – e.g. “John Smith and Robert Smith, a married couple, as tenants in common, each as to an undivided 50% interest”, or (ii) in a survivorship estate similar to that of a tenancy by the entirety – e.g. John Smith and Robert Smith, a married couple with right of survivorship, or (iii) as tenants by the entirety – e.g. “John Smith and Robert Smith, a married couple, as tenants by the entirety”. AS AN ENTITY A registered entity, such as a corporation, limited liability company or partnership, may hold title. Title should be held exactly as the name is registered with the Oregon Secretary of State – e.g. “Smith & Jones, LLC, an Oregon limited liability company”.
DISCLAIMER – The foregoing contains informational examples only and is not to be construed as legal advice. Given the complexities involved in acquiring and holding legal title to real property, WFG strongly recommends that you seek legal advice from an attorney prior to doing so.
Single-Family Homes Portland, OR 97230
Your Local Market Report
This week the median list price for Portland, OR 97230 is $477,500 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has increased to 40. Market Action Index This answers “How’s the Market?” by comparing rate of sales versus inventory.
Real-Time Market Profile
Median List Price
$477,500 $500,000
Median Price of New Listings
Per Square Foot Average Days on Market Median Days on Market Price Decreased
$288
129
50
Buyer's Market
Seller's Market
81
50%
Price Increased
5%
48 Strong Seller's Market
Relisted
10%
Inventory
40
Market Narrative Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Median Rent
$2,795
48
Market Action
Strong Seller's Market
Market Segments Each segment below represents approximately 25% of the market ordered by price.
Median Price
Sq. Ft.
Lot Size
Beds Bath Age New Absorbed DOM
$609,999
2,546 8,000 - 10,000 sqft
3
2.5 43 2
1
42
$500,000
1,853 0.25 - 0.5 acre
3
2
48 3
0
94
$452,700
1,487 4,500 - 6,500 sqft
2
2
39 1
0
84
$384,950
1,235 6,500 - 8,000 sqft
2
1
71 1
2
80
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Single-Family Homes Portland, OR 97230
Your Local Market Report
Median List Price Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
$600K
$550K
$500K
$450K
$400K
$350K
Sep 2020
Mar 2021
Sep 2021
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Mar 2025
7-Day Average 90-Day Average
Segments In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.
$1.0M
$800K
$600K
$400K
$200K
Sep 2020
Mar 2021
Sep 2021
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Mar 2025
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day
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Single-Family Homes Portland, OR 97230
Your Local Market Report
Price Per Square Foot The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.
$350
$300
$250
$200
$150
Sep 2020
Mar 2021
Sep 2021
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Mar 2025
7-Day Average 90-Day Average
Inventory Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
100
80
60
40
20
0
Sep 2020
Mar 2021
Sep 2021
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Mar 2025
7-Day Average 90-Day Average
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Single-Family Homes Portland, OR 97230
Your Local Market Report
Market Action Index Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
120
100
80
60
40
20
Sep 2020
Mar 2021
Sep 2021
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Mar 2025
7-Day Average 90-Day Average
Market Action Segments Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high- end) will weaken before the rest of the market and signal a slowdown for the whole group.
120
100
80
60
40
20
Sep 2020
Mar 2021
Sep 2021
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Mar 2025
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day
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Single-Family Homes Portland, OR 97230
Your Local Market Report
Median Days on Market (DOM) The properties have been on the market for an average of 119 days. Half of the listings have come newly on the market in the past 73 or so days. Watch the 90-day DOM trend for signals of a changing market.
125
100
75
50
25
0
Sep 2020
Mar 2021
Sep 2021
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Mar 2025
7-Day Average 90-Day Average
Segments It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
150
125
100
75
50
25
0
Sep 2020
Mar 2021
Sep 2021
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Mar 2025
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day
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“
With 20 years of advisory service within the industry sphere, I com- bine my work within real estate, mortgage, and title/escrow to provide an exceptional experience for buyers and sellers . My expertise in high-impact marketing, technical/transactional excellence, and negotia- tion savvy has propelled me to become a respected ally for my clients in addition to consulting with top producers with an annual combined sales volume of $2-3 billion. I apply that brain trust in navigating every nuance of client transactions as your advocate. The Horswell Collection™ is a descriptive that aptly captures the essence of his business philosophy. Creating and deploying winning strategies is an artform. He offers clients a solid platform based on deep knowledge, insight, and wisdom that fuels success as an intuitive activist with an undeniable asset to pivot and adapt to meet the de- mands of any situation to find a solution. With service as a fundamental part of his DNA, Richard fits naturally in working with a variety of di- verse stakeholders. Solid relationships built on trust and best practices frame his commitment to all clients. If you look closely enough throughout the fabric of Portland’s past you’ll discover generations of his family rooted deeply in its rich and sometimes-colorful history. As a Portland native from the east side, his interests have taken him on a path where real estate is a fun and con- suming passion. He makes it his business to research and know the history, opportunity, and other indicators that develop the pulse of each thriving neighborhood in the City of Roses. He has first-hand knowl- edge of municipalities in many markets with a curated syndicate of top producers throughout the U.S. that he counts as personal friends. It’s inspirational to help make a difference and that’s what attracted him to Windermere Real Estate 20 years ago as an observer from related industry sectors. Windermere exemplifies everything positive about this profession: a focus on the dreams of the client; an elegant and enduring brand; and, an obsession to serve you at the pinnacle of industry professionalism. Richard appreciates a culture of giving – and Windermere stands tall with a history of $50+ million in contributions through its foundation within the communities it operates and funded through a portion of the proceeds of each transaction. The Horswell Collection™ counts the Windermere Foundation as part of its portfolio of charitable areas of interest. ”
RICHARD HORSWELL Broker Principal Creative Executive, The Horswell Collection™ richard@richardhorswell.com richardhorswell.com 503.752.1345
“It would be an honor to present my credentials to you in person as you evaluate a broker to represent you as either a buyer or seller. Thank you for the opportunity to earn your business through developing a relationship as an advisor who keeps client interests and goals at the epicenter of each transaction.”
PROFESSIONAL n Trained and mentored hundreds of real estate brokers in marketing and strategy; led nationally-recognized implementation for a Fortune-500 title company’s regional ap- proach to educating brokers and consumers about significant changes related to the CFPB and Truth-in-lending/RESPA/Integrated Disclosures (TRID) in addition to position- ing educational standards related to Wire Fraud and the Consumer (Certified Trainer). n Publisher of Regency Magazine, the folio of innovation in real estate and lifestyles; published author; Inman [the industry’s leading news source] Contributor and former Inman Luxury Connect steering committee member; former registered lobbyist; and, avid event designer – the Horswell mark is placed only on creating and producing experiences that are memorable, no matter the size from 10 to 6,500 guests. n Chaired three statewide mortgage conventions that produced record attendance and an array of award-winning nationally-recognized speaker talent. Appointed to serve a 2024-25 term on the Oregon Realtors® (Oregon’s real estate trade industry associa- tion) Political Affairs Key Committee. n Co-founded and successfully sold Oregon’s second largest locally-owned Internet service provider and largest online marketing and design firm in the Pacific Northwest. PERSONAL n Member, Royal Rosarians: Portland’s official greeters and ambassadors of goodwill by Proclamation of the Mayor. n Current board member, Portland Opera Guild and Southwest Hills Residential League. Former member of the boards of directors of the Rose Festival, Portland Opera, SOLVE, Old Church Society, University of Oregon Alumni Association and a trustee of the University of Oregon Foundation. n Member, Multnomah Athletic Club [McAlpin Award Recipient – awarded for outstand- ing commitment to the club’s social programs] and Washington Athletic Club n Advisor to numerous not-for-profits on management, development, and event strate- gies. n Interests: Volunteering, tennis, playing bridge, gardening, economics with an emphasis in behavioral finance, modern and contemporary art, writing, performing arts, interior design and architecture, and, of course, real estate!
RICHARD HORSWELL Broker Principal Creative Executive, The Horswell Collection™ richard@richardhorswell.com richardhorswell.com 503.752.1345
RICHARD HORSWELL Broker & Principal Creative Executive The Horswell Collection™ 503.752.1345 richard@windermere.com
THE PRACTICE
JOE MENASHE Managing Principal Broker, Portland Heights Office & WRT Director of Training
Richard’s industry partners represent over 150 years delivering exceptional experiences . . . the benchmark of quality
ANNETTE WESTMORELAND Lead Transaction Coordinator 503.412.1592 awestmoreland@windermere.com
that defines top-tier service for the client.
SIOBHAN McALLISTER Business Support Specialist Windermere Realty Trust
EVA SWENSON VP Senior Escrow Officer 503.444.7041 eswenson@wfgtitle.com
BARBARA BALL VP & Branch Manager WFG National Title Strategic Liaison to The Horswell Collection™
“In concert with the Jacobi family in Seattle, I appreciate Todd’s leadership in sustaining and building with careful measure this wonderful brand,” notes Richard of WRT President & Prinicpal Broker, Todd Prendergast (center) with Portland Heights Managing Principal Broker Joe Menashe.
DAVID CHURCHILL MLO 700493 NMLS 252939 Mortgage Advisor 503.756.5121 david.churchill@GenHL.com
Generations Home Loans | NMLS #252939 GenHL.com/legal | Equal Housing Opportunity
David_Churchhill_Business_Card V2.indd 2
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RICHARDHORSWELL.COM
savvy private client advisory for discerning buyers & sellers REAL ESTATE REPRESENTATION IN METROPOLITAN PORTLAND, THE COAST, AND CENTRAL OREGON
“She Flies With Her Own Wings” Adopted by the 1987 Legislature as the Oregon state motto. ‘ Oregon is an inspiration . Whether you come to it, or are born to it, you become entranced by our state’s beauty, the opportunity she affords, and the independent spirit of her citizens.’ Governor Tom McCall 1973 Oregon Legislature Address
in the moment . . .
RICHARD J. HORSWELL Real Estate Broker Licensed in Oregon & Principal Creative Executive The Horswell Collection™ 503.752.1345 richard@windermere.com richardhorswell.com
Portland Heights Office 2424 SW Vista Avenue Portland, OR 97201
© 2024-25 The Horswell Collection™ Reproduction without permission strictly prohibited.
Photos presented in this report are for information purposes only and do not constitute a direct or implied endorsement of any product or service.
OR License 201252137
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