Luxury Hot Spots for Outdoor Lovers: How Portland and Denver Stack Up

The outdoorsy lifestyle is increasingly becoming a feature that luxury buyers are willing to pay millions for—and Portland, OR, and Denver are two cities that offer prime opportunities to commune with nature.The Denver and Portland metro statistical areas both "sell buyers on the outdoors with mountain access, trail networks, and ski terrain within an easy drive," writes Realtor.com® senior economist Anthony Smith in his latest "luxury market showdown" report.At the entry luxury tier, defined as the top 10% of sales, both cities appear similar. Portland's luxe entry point threshold is $1,257,440, while Denver's comes in at $1,247,824. They are both slightly over the national entry of $1,199,321.But when it comes to homes in the ultraluxury tier, defined as the top 1% of sales, or the 99th percentile, Denver pulls significantly ahead with an entry of $4,129,209, 18% above Portland's $3,498,950. At the ultraluxury tier, both metros fall behind the national benchmark of $5,128,119.Loading...This Tudor Revival-style English cottage overlooking Oswego Lake in Portland, OR, is listed for $2.7 million.Steve Haning The metros have a higher share of million-dollar-plus homes than the nation...