Summerplace Real Estate Annual Report 2023-24

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2023-24 Summerplace

Real Estate Annual Report

With 20 years of advisory service within the industry sphere, I combine 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 negotiation 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.

This report is a snapshot for the last 12 months containing data related to Summerplace real estate. The highest price is realized through placing a property on the open market and also benefiting from a real estate advisor who will not profit from representing both sides of the transaction to keep your interests at top of mind. Summerplace and its residents have deep personal meaning to me. I can assist you as your broker to offer the easiest turnkey process to meet your goals.

Let’s Chat!

503.752.1345

richard@windermere.com

visit liveinsummerplace.com

$313,485,830

Assessor 2023 “total market value” of residential real property in Summerplace.

[Comparison: One estimate to build a replacement for the Keller Auditorium is approximately $300 million.]

$4,689,164.41

Total 2023 property tax - Summerplace homeowners.

[Comparison: Oregon Community Foundation awarded Oregon Community Foundation awarded $4.7 million in new community grants to 203 nonprofit organizations in 33 Oregon counties providing arts, cultural, educational, equity, health, housing and human services support to Oregonians

Source: Multnomah County Data

If

70.57

Total of home lots in acres (excluding condos, roads, common areas, and clubhouse) in Summerplace.

[Comparison: Disneyland’s California Adventure theme park is 75 total acres.]

1,146,603

Total square feet of living space of all homes in Summerplace.

[Comparison: More than the main terminal of “America’s Best Airport,” PDX, at 1,000,000 sf]

LIVEINSUMMERPLACE.COM

It was only fitting that Richard’s first open house was held in Windsor I where his grandmother was one of the first owners. Richard designed the condo association’s first handbook and was an early contributor to its policies while his mother was its founding board secretary.

RICHARD J. HORSWELL REAL ESTATE BROKER
your property is currently listed with a Realtor® and/or you are currently represented exclusively as a buyerby a Realtor®, please disregard this notice. It is not our intention to solicit the offerings of other brokers.
SUMMERPLACE AND REAL ESTATE

n Co-founded and successfully sold Oregon’s second largest locally-owned Internet service provider and largest web marketing and design firm in the Pacific Northwest.

n Member, Royal Rosarians: The City of Portland’s official greeters and ambassadors of goodwill by Proclamation of the Mayor.

n Former member of the boards of directors of the Rose Festival, Portland Opera, SOLVE, Old Church Society, University of Oregon Alumni Association and as a trustee of the University of Oregon Foundation. Interned in Washington, D.C. for the great U.S. Senator Mark O. Hatfield.

n Publisher, Regency Magazine; published author; Inman Contributor (the leading real estate news source for real estate agents)

12 Month “Lookback” in Summerplace

48 SALES $20,225,524

TOTAL SALES VOLUME $289 PER SF

44 AVERAGE CDOM

n An impressive 48 total sales for a 12-month period through March 25.

n $20,225,524 in total volume equaling $421,365 average sale price (including condos).

n The average $289 per square foot outshines all months in the 97230 zip code for similar properties.

n 44 CDOM (Cumulative Days on Market) - impacted by a maneuver to cancel a listing and re-list to create buzz.

Source: RMLS data (March 25, 2024 - 12 month “lookback”]

LIVEINSUMMERPLACE.COM

Source: Trendgraphix Multnomah County Data RMLS (97230 - March 2023 - February 2024)
Summerplace Clubhouse | The Community Hub
PRICE PER SF - 97230 SALES / SOLD / PENDING 97230
ABOUT RICHARD
RICHARD J. HORSWELL REAL ESTATE BROKER 503.752.1345 richard@windermere.com visit liveinsummerplace.com 40+ year history within Summerplace 20 years+ in the real estate sphere 52 years living in our 97230 zip code Representation of Sellers & Buyers The Summerplace HOA neither endorses nor is affiliated with this broker advertisement or website liveinsummerplace.com Richard with his mother, Katherine, a Summerplace homeowner. [Pictured with the Summerplace Pool] ‘The longer I live, the more beautiful life becomes.’ – Frank Lloyd Wright San Rafael Drive in bloom at the entry to Summerplace OR License 201252137 Check out my magazine, REGENCY and my Insider’s Guide to the City of Roses [under Useful Links] on my wesite.
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