Portland’s Ritz-Carlton Residences: Luxury tower with stunning views and hotel perks… but only 11 of 132 units sold through 2025, with buyers demanding massive discounts averaging $274,000 off original prices. Some cuts hitting nearly 50% as major repositioning rolls out in 2026.
This is a classic case of location, location, location—the developers priced it like the Pearl District, but Portland Downtown’s condo market had other ideas.
Full in-depth analysis, charts, sales data, and what it means for buyers/lenders/developers in my latest blog post:
CODA
Are you an agent in Portland who wonders why appraisers always do “x”?
A homeowner with questions about appraiser methodology?
If so, feel free to reach out—I enjoy connecting with market participants across Portland and the surrounding counties, and am always happy to help where I can.
And if you’re in need of appraisal services in Portland or anywhere in the Portland Region, we’d be glad to assist.
Portland Appraisal Blog 
