Jessica Johnston - North Gilham Neighborhoods - September 2022

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 | SEPTEMBER 2022

INTEGRITY Each Office is Independently Owned and Operated.

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2022

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

ACTIVE LISTING

BY JESSICA JOHNSTON

2580 EDGEWATER DRIVE 3 Bedrooms 2.1 Bathrooms 3,570 Est. Sq. Ft. Offered at $895,000

North Gilham Neighborhoods Homeowner, If you would like your home

PRESENTED BY JESSICA JOHNSTON YOUR NORTH GILHAM NEIGHBORHOODS REAL ESTATE SPECIALIST

professionally marketed and featured in my publications, which are mailed to hundreds of potential buyers every month, call me at 541-913-6541.

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 O: 541-345-8100 JessicaJohnston@remax.net JessicaJohnston.remax.com www.NorthGilhamHomes.com

North Gilham Neighborhoods Homes Currently Active

Connect with me on

H A L L O F FA M E

Top 1% of Lane County Realtors® Jessica Johnston, Your North Gilham Neighborhoods Real Estate Expert!

What a

READJUSTING MARKET

Bedrooms

Total Baths

Estimated Square Feet*

List Price**

Sterling Woods Drive

4

2.1

2,200

$640,000

Active

Canoe Ridge Way

3

2.1

2,500

$829,000

Active

Bungalow Crossing Lane

3

2.1

2,500

$860,000

Active

Meadow View Drive

4

3.1

3,800

$1,080,000

Active

Meadow View Drive

5

2.1

4,600

$1,140,000

Active

Ayres Road

5

4.0

5,900

$1,395,000

Status

Street Name

Active

North Gilham Neighborhoods Homes Currently Pending Bedrooms

Total Baths

Estimated Square Feet*

List Price**

Don Juan Avenue

3

1.0

1,000

$335,000

Waterbrook Way

3

3.0

2,900

$895,000

Status

Street Name

Pending Pending

North Gilham Neighborhoods Homes Sold in the Past 6 Months

Means for You

Headlines report current market conditions that may leave you with more questions than answers. The past two years were recordbreaking in nearly every way. Record-low mortgage rates, an influx of buyers, sellers waiting to list, and years of under-building created the most unique market.

This combination led to record-high demand and record-low supply, but wouldn’t be sustainable long term.

Bedrooms

Total Baths

Estimated Square Feet*

List Price**

Sold Price**

Sold Date

1930 Meadowood Drive 3666 River Pointe Drive

5 4

2.1 3.0

2,700 4,500

$895,000 $1,295,000

$895,000 $1,305,000

08/09/22 07/25/22

Sold

1923 Sterling Park Place

4

2.1

2,600

$895,000

$940,000

07/20/22

HOME SHOWINGS

Sold

3621 Sterling Woods Drive

3

2.0

1,800

$540,000

$557,000

07/05/22

Sold

2299 Avengale Drive

4

2.1

2,800

$895,000

$825,000

07/05/22

2019 gave a good baseline of pre-pandemic levels. Showings skyrocketed during the pandemic, and while current demand has begun to moderate slightly, showings are still above 2019 and 2020 levels.

Sold

3522 Nestucca Loop

4

2.1

2,200

$565,000

$565,000

04/29/22

Sold

2005 Bungalow Crossing Lane

3

2.0

1,700

$660,000

$660,000

04/27/22

Sold

3712 Gilham Road

3

2.0

1,400

$400,000

$412,000

04/22/22

Sold

3516 Nestucca Loop

4

2.1

2,200

$575,000

$579,000

04/15/22

Sold

3532 Gilham Road

3

1.1

1,400

$420,000

$425,000

04/14/22

Sold

1581 Alsea Drive

4

2.1

2,000

$570,000

$580,000

03/04/22

Sold

2150 Lathen Way

3

2.1

2,200

$800,000

$813,000

02/24/22

EXISTING HOME SALES Perspective is everything! While headlines are talking about sales declining, the market is on pace to close this year with more sales than 2019 and surpassing 2020.

THE EXPERTS SAY IT BEST North Gilham Neighborhoods Homeowner, The real estate market is changing – if you’ve thought about making a change and moving into your next dream home, call me today at 541-913-6541.

Let’s discuss your options!

“Today’s housing market looks a lot like the 2019 housing market, which was the strongest housing market in a decade at the time.”

—First American

THE MARKET ISN’T CRASHING IT’S A TURNING POINT THAT’S MOVING BACK TOWARD MORE PRE-PANDEMIC LEVELS.

Status

Address

Sold 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. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the RMLS between February 16th, 2022 and August 16th, 2022. 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.

WHAT IS YOUR NORTH GILHAM NEIGHBORHOODS H O M E W O R T H? www.NorthGilhamHomes.com North Gilham Neighborhoods Homeowner, If you want to keep up with your home’s value, contact me today at 541-913-6541 to receive your quarterly market snapshot.