These days, Gresham has a bustling downtown with plenty of shops and restaurants, including a farmer's market and brew pub. Some old favorites are still around too; M & M Cafe, and The Glass Butterfly, to name a few.
As folks have been priced out of closer in neighborhoods, Gresham, Troutdale and Fairview have caught the attention of buyers and real estate agents alike. With established neighborhoods and good housing stock, buyers are liking all that, plus larger lots, the downtown area, and better access to Mt. Hood and the Columbia River Gorge.
As some of our market is slowing a bit, as seen in lower increases in the average sale price, Gresham/Troutdale, along with a few other outlying or suburban areas, has seen a pretty good increase in the average sale price. While overall, the Portland area has seen a 1.9% increase in the average sale price in the last twelve months, Gresham/Troutdale saw 4.3%, Beaverton/Aloha 5% and Columbia County's average sale price increased 4.5% in the last twelve months.
Similarly, Gresham/Troutdale's average days on market 45, as compared to the overall Portland area's 55 days on market.
And, as you might imagine, I've just listed a great house in Gresham.
2916 NE 26th St, is a three bedroom, two and a half bath split level house on a HUGE lot. Priced at $359,950, its pretty affordable. With newer double paned vinyl windows and a high efficiency heat pump/furnace combo it stays pretty cozy. The .27 of an acre yard has room for all sort of stuff; dog run, garden beds, RV parking, sand box, hot tub hook up etc.
I'll be there for an open house on Saturday, October 26 from 1:00 - 3:00pm. Come check it out! And if you have questions about Gresham and east Multnomah County, give me a holler.
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