PORTLAND'S
MARKET MAKERS
The Top 10 Buildings Defining Valuation and Luxury in the PDX Skyline.
THE COUNTDOWN
To truly master the Portland condo market, you must be familiar with these 10 iconic buildings. These are the "market makers" that set the pricing trends for their neighborhoods.
937 Condominiums
The Status: Architectural Statement.
The Data: Median PPSF $694/SF
Its stark white exterior and grid-like windows attract a specific, design-focused demographic. It proves that architectural 'cool' translates directly into equity.
The Gregory
The Status: Iconic Pearl Landmark.
The Data: Solid $488/SF Average
Its brick facade and 1920s-inspired architecture make it the most recognizable building in the central Pearl. It marks the transition from industrial past to luxury present.
The Elizabeth Lofts
The Status: Creative Class Favorite.
The Data: Median price near $450,000
While most icons are glass towers, the Elizabeth represents the 'Loft' soul of the Pearl. Perfect for those who don't want to live in a glass box.
The Casey
The Status: Sustainability Leader.
The Data: Commanding $660+/SF
One of the first LEED Platinum luxury condos. With high privacy (often two units per floor), it’s built for buyers demanding exclusivity and green standards.
The Meriwether
The Status: Riverfront Original.
The Data: Trades in the $450–$520/SF range
The first major project in the South Waterfront, proving Portlanders would embrace high-rise living by the river.
The Vista
The Status: High-Amenity Leader.
The Data: Highest sales volume in recent data
Represents the 'new' Pearl District—sleek and modern. Its high transaction volume makes it the best indicator of current buyer sentiment.
The John Ross
The Status: Skyline Definer.
The Data: Median prices around $395,000
Its distinct elliptical shape defines the South Waterfront. High liquidity ensures units are almost always available for those entering skyscraper living.
The Metropolitan
The Status: Classic Luxury Anchor.
The Data: Median $662/SF ($1.25M)
Known for superior construction and an 'old money' feel. It rarely sees 'flip' activity, making it a reliable stability anchor.
The Cosmopolitan on the Park
The Status: The Pearl's North Star.
The Data: Median PPSF ~$771/SF
Until the Ritz, this was the undisputed champion. It holds the record for the highest individual sale at $6.99M and sets the bar for Pearl valuations.
The Ritz-Carlton Residences
The Status: The Ultra-Luxury Ceiling.
The Data: City-leading $1,073/SF
It has completely reset the 'ceiling' for Portland real estate. It is the only building consistently clearing the $1,000/SF barrier.
EXECUTIVE SUMMARY
MASTER THE MARKET
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