Jessica Johnston - North Gilham Neighborhoods - October 2020

Jessica Johnston

4710 Village Plaza Loop Suite #200 Eugene, OR 97401

Real Estate Broker, Listing Specialist

NORTH GILHAM NEIGHBORHOODS

C: 541-913-6541 O: 541-345-8100 JessicaJohnston@remax.net JessicaJohnston.Remax.com www.NorthGilhamHomes.com

REAL ESTATE MARKET REPORT | OCTOBER 2020

INTEGRITY Each Office is Independently Owned and Operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2020

Get the Current Value of Your Home at www.NorthGilhamHomes.com!

PENDING 2298 Avengale Drive Offered at $795,000

4 Bedrooms | 3.5 Bathrooms | 3,555 Est. Sq. Ft. NORTH GILHAM NEIGHBORHOODS HOMEOWNER, In today’s global real estate market, you have to stay on the cutting edge of marketing and technology. Not only do I understand this but I embrace it, as innovative marketing is key to getting your house sold! If you’re thinking of selling and taking advantage of this unique market, call me today at 541-913-6541.

PRESENTED BY JESSICA JOHNSTON YOUR NORTH GILHAM NEIGHBORHOODS REAL ESTATE SPECIALIST

PREPARED ESPECIALLY FOR

NORTH GILHAM NEIGHBORHOODS HOMEOWNER

Jessica Johnston

NORTH GILHAM NEIGHBORHOODS

INTEGRITY

Real Estate Broker Listing Specialist

REAL ESTATE MARKET REPORT

C: 541-913-6541

North Gilham Neighborhoods Homeowner, If you would like your home professionally marketed and featured in my publications, which are mailed to over 500 potential buyers every month, call me at 541-913-6541.

O: 541-345-8100 JessicaJohnston@remax.net JessicaJohnston.Remax.com www.NorthGilhamHomes.com Connect with me on

Top 1% of Lane County Realtors

®

Jessica Johnston, Your North Gilham Neighborhoods Real Estate Expert!

NOW IS THE TIME TO SELL!

$304K

The U.S. Median Home Price Jumped 8.5%, Breaking $300,000 for the First Time

NEW RECORDS 8.5% Median Price Increase 2.88% Interest Rate 3.1 Months of Inventory 22 Days on Market 34% First-Time Buyers

$304,100, the first time breaking the $300,000 threshold.

The eighth drop in 2020 and the lowest in 5 decades.

Unsold inventory was 4.2 months in July 2019.

29 days in July 2019. 68% were sold in less than 30 days.

First-Time home buyers made up 32% a year ago.

Source: www.housingwire.com

North Gilham Neighborhoods Homes Currently Active

H A L L O F FA M E

“The housing market is well past the recovery phase and is now booming with higher home sales compared to the pre-pandemic days. With the sizable shift in remote work, current homeowners are looking for larger homes, and this will lead to a secondary level of demand even into 2021.”

—Lawrence Yun, Chief Economist, NAR

North Gilham Neighborhoods Homeowner, This is the perfect time to take advantage of improved market conditions and upgrade to your next dream home. Call me today to discuss the value of your home and your options at 541-913-6541.

Bedrooms

Total Baths

Estimated Square Feet*

List Price**

Meadow View Drive

5

2.1

2,900

$675,000

Norwich Avenue

3

3.0

2,800

$735,000

Status

Street Name

Active Active

North Gilham Neighborhoods Homes Currently Pending Bedrooms

Total Baths

Estimated Square Feet*

List Price**

Nestucca Avenue

3

2.1

1,900

$470,000

Pending

Bungalow Crossing Lane

3

2.1

2,100

$595,000

Pending

Marcella Drive

4

2.1

2,600

$645,000

Pending

Sterling Woods Drive

4

2.2

2,500

$665,000

Pending

Bungalow Crossing Lane

3

2.1

2,500

$665,000

Pending

Waterbrook Way

3

2.2

3,000

$788,000

Pending

Avengale Drive

4

3.1

3,600

$795,000

Status

Street Name

Pending

North Gilham Neighborhoods Homes Sold in the Past 90 Days Bedrooms

Total Baths

Estimated Square Feet*

List Price**

Sold Price**

Sold Date

3467 Quail Meadow Way

4

3.0

2,400

$745,000

$745,000

08/25/20

Sold

2030 Meadowood Drive

3

2.0

1,700

$450,000

$450,000

08/18/20

Sold

1622 Sand Trap Lane

4

3.1

5,000

$985,000

$990,000

08/03/20

Sold

3628 Sterling Woods Drive

4

2.1

2,200

$475,000

$475,000

07/31/20

Sold

1786 River Pointe Loop

4

3.0

2,700

$625,000

$600,000

07/29/20

Sold

3828 Mirror Pond Way

4

2.1

3,900

$775,000

$760,000

07/28/20

Sold

3540 Gilham Road

3

1.1

1,500

$299,000

$299,000

07/24/20

Sold

2187 Lathen Way

4

2.1

2,200

$570,000

$570,000

07/24/20

Sold

2175 Lathen Way

3

3.0

1,900

$480,000

$493,000

07/22/20

Sold

3640 Meadow View Drive

3

3.1

4,100

$799,000

$734,000

07/13/20

Sold

3715 Norwich Avenue

6

4.1

3,400

$749,000

$745,000

07/09/20

Sold

3840 Gilham Road

2

1.0

900

$205,000

$200,000

07/08/20

Sold

2030 Bungalow Crossing Lane

4

3.1

2,700

$795,000

$790,000

06/26/20

Status

Address

Sold

Jessica Johnston, RE/MAX Integrity, and The RE/MAX Collection are not in any way affiliated with North Gilham Neighborhoods Owners Association, nor is this in any way an official advertisement or publication of North Gilham Neighborhoods. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the RMLS between June 16th, 2020 and September 15th, 2020. Listings and sales may not be those of RE/MAX Integrity. The RMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates numbers that have been rounded to the nearest 100. **Indicates numbers that have been rounded to the nearest 1,000.