Jessica Johnston
4710 Village Plaza Loop Suite #200 Eugene, OR 97401
Real Estate Broker, Listing Specialist
C: 541-913-6541 O: 541-345-8100 JessicaJohnston@remax.net JessicaJohnston.Remax.com www.ValleyRiverVillageHomes.com
VALLEY RIVER VILLAGE REAL ESTATE MARKET REPORT | FEBRUARY 2021
INTEGRITY Each Office is Independently Owned and Operated. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2021
For all Recent Sales, visit www.ValleyRiverVillageHomes.com.
VALLEY RIVER VILLAGE 2020 Year-In-Review
SINGLE FAMILY SOLD PRICE
-6.9 from 2019
$496K
$623K
$820K
Low
Average
High
17
10
Total Single Family Home Sales
Total Condo Sales
$189
$229
$339
Low
Average
High
98.7%
Day Slower than 2019 Average: 42 | Low: 3 | High: 122
AVERAGE SP/LP RATIO FOR SINGLE FAMILY HOMES
SOLD
SOLD PRICE PER SQ. FT.
1
+5.0% from 2019
LOW: 93.1% | HIGH: 103.0% CONDOS SOLD PRICE
+$13,150 from 2019
$155K
$233K
$301K
Low
Average
High
SOLD PRICE PER SQ. FT.
+8.1% from 2019
$214
$242
Low
Average
High
SOLD
$185
27
Days Faster than 2019 Average: 9 | Low: 1 | High: 39
101.7%
www.ValleyRiverVillageHomes.com
AVERAGE SP/LP RATIO FOR CONDOS
YOUR VALLEY RIVER VILLAGE NEIGHBOR
PRESENTED BY JESSICA JOHNSTON AND REAL ESTATE SPECIALIST
LOW: 94.0% | HIGH: 110.1%
Valley River Village Homeowner, Your Valley River Village community had a fantastic year, with increases in several key market indicators. The demand for your community remains high with current inventory pointing to a seller’s market. Now is a great time to consider listing your home and taking advantage of the upward trends. If you are thinking about selling, contact me 541-913-6541. Data based on listings from RMLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.
PREPARED ESPECIALLY FOR
VALLEY RIVER VILLAGE HOMEOWNER
Jessica Johnston
VALLEY RIVER VILLAGE
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.ValleyRiverVillageHomes.com
Valley River Village Homes Currently Active
Connect with me on
Status
Street Name
Active
Riverwalk Loop
Property Type
Bedrooms
Total Baths
Estimated Square Feet*
4
3.0
3,600
$715,000
List Price**
H A L L O F FA M E
Top 1% of Lane County Realtors® Promoting, Protecting, and Living In Our Community Since 2003
Valley River Village Condos Currently Active Status
Street Name
Property Type
Bedrooms
Total Baths
Estimated Square Feet*
List Price**
Active
Lake Isle Drive
Condo
2
2.0
1,000
$200,000
There are No Valley River Village Homes Currently Pending
2021 Housing Forecast
+7.0% Home sales are going up
Strong demand and more homes hitting the market equal a healthy rate of growth.
+5.7% Home prices will hit new heights
65.9% Homeownership Rate
MORTGAGE RATES ON THE MOVE
THE RISE OF THE MILLENNIALS
by end of 2021
No longer just dominating the entry-level market, millennials are now taking over as “move up” buyers as they have children and need more space.
3.4%
KEY HOUSING TRENDS IN 2021 MILLENNIALS AND GEN-Z A recent survey said that lower mortgage rates enabled these buyers to change their home search toward a larger home.
REMOTE WORK Despite high expectations of returning to the office, remote workers are choosing properties with dedicated office space.
Valley River Village Condos Currently Pending Status
Street Name
Property Type
Bedrooms
Total Baths
Estimated Square Feet*
List Price**
Pending
Lake Isle Drive
Condo
2
2.0
1,000
$219,000
Valley River Village Homes Sold in the Past 6 Months Property Type
Bedrooms
Total Baths
Estimated Square Feet*
List Price**
Sold Price**
Sold Date
2949 Edgewater Drive
Detached
4
2.1
3,200
$699,000
$720,000
12/29/20
Sold
3384 Lakeside Drive
Detached
3
2.0
2,200
$735,000
$731,000
12/18/20
Sold
2519 Edgewater Drive
Detached
3
2.0
2,300
$625,000
$639,000
12/14/20
Sold
2679 Riverwalk Loop
Detached
4
3.0
2,900
$749,000
$725,000
11/23/20
Sold
3477 Brookview Drive
Detached
4
2.1
2,700
$649,000
$649,000
11/20/20
Sold
2586 Riverwalk Loop
Detached
4
2.1
2,400
$520,000
$505,000
10/09/20
Sold
3371 Brookview Drive
Detached
3
3.0
2,900
$659,000
$650,000
09/15/20
Sold
2973 Edgewater Drive
Detached
4
2.0
2,800
$649,000
$643,000
08/21/20
Sold
2633 Riverwalk Loop
Detached
4
2.1
2,600
$533,000
$496,000
08/18/20
Sold
3234 Riverplace Drive
Detached
3
3.1
3,100
$695,000
$673,000
08/10/20
Status
Address
Sold
Valley River Village Condos Sold in the Past 6 Months
SUBURBAN MIGRATION Home shoppers are looking for an affordable space to shelter, work, learn, and live and are reporting increases in willingness to have a commute to work.
Valley River Village Homeowner, Homes in Valley River Village are in high demand! If you are considering a move, call me today at 541-913-6541 to take advantage of these new trends. Published by Danielle Hale, Realtor.com on December 2nd, 2020
Status
Address
Property Type
Bedrooms
Total Baths
Estimated Square Feet*
List Price**
Sold Price**
Sold Date
Sold
1924 Lake Isle Drive
Condo
2
1.0
1,000
$227,000
$250,000
11/03/20
Sold
2062 Lake Isle Drive
Condo
3
2.0
1,500
$280,000
$279,000
09/15/20
Sold
2111 Lake Isle Court
Condo
2
2.0
1,000
$230,000
$225,000
08/26/20
Sold
2015 Lake Isle Terrace
Condo
2
1.0
1,000
$229,000
$229,000
08/18/20
Sold
2088 Lake Isle Drive
Condo
3
2.0
1,500
$300,000
$301,000
07/24/20
Jessica Johnston, RE/MAX Integrity, and The RE/MAX Collection are not in any way affiliated with Valley River Village Owners Association, nor is this in any way an official advertisement or publication of Valley River Village. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the RMLS between July 19th, 2020 and January 19th, 2021. 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.