PRESENTED BY JESSICA JOHNSTON YOUR NORTH GILHAM NEIGHBORHOODS REAL ESTATE SPECIALIST NORTH GILHAM NEIGHBORHOODS 4710 Village Plaza Loop Suite #200 Eugene, OR 97401 Published by REAL Marketing (RM) www.REALMarketing4You.com 858.952.4280 © 2023 Each Office is Independently Owned and Operated. INTEGRITY Jessica Johnston Real Estate Broker, Listing Specialist C: 541-913-6541 O: 541-345-8100 Jessica@JessicaJohnstonHomes.com JessicaJohnston.remax.net www.NorthGilhamHomes.com PREPARED ESPECIALLY FOR Get the Current Value of Your Home at www.NorthGilhamHomes.com! REAL ESTATE MARKET REPORT | APRIL 2023 North Gilham Neighborhoods Homeowner, When it comes to selling your home, there is no one-size-fits-all. Whether you’re in the first stages of discovery or you’re ready to put your home on the market today, give me a call at 541-913-6541 2082 GOLFVIEW COURT | OFFERED AT $1,125,000 4 Beds | 2.1 Baths | 2,682 Est. Sq. Ft. ACTIVE HAVE YOU BEEN DREAMING OF A BRAND NEW HOME? Luxury new construction built by Heitman Custom Homes in 2022. Ideally situated in East Eugene in a quiet secluded neighborhood. This home is located on one of the last premier corner lots. Quintessential modern and classic finishes throughout. The primary bedroom is privately located on the main level. Three additional bedrooms are upstairs plus a generous sized bonus room. The professionally landscaped yard is beautiful! NORTH GILHAM NEIGHBORHOODS HOMEOWNER
If you would like your home featured in this publication and mailed to the North Gilham neighborhoods, please call me today at 541-913-6541
OPPORTUNITY AWAITS IN TODAY’S MARKET
There are a few similarities between the current market and the crash of 2008; however, when looking at key variables, there are significant differences. With inventory rising and less competition, there’s a unique opportunity right now.
This may be the one and only window for the next few years to get into a buyer’s market. Home prices only go up and always recover from recessions no matter how mild or severe. Long-term homeowners should view this market right now as a unique buying opportunity.
DAVID STEVENS
Former Assistant Secretary of Housing
NORTH GILHAM NEIGHBORHOODS
Now is the perfect time to leverage your equity and purchase your next dream home; this is the chance you’ve been waiting for! Call me today at 541-913-6541, and let’s develop a plan to maximize your results and achieve your dream.
REAL ESTATE MARKET REPORT Jessica Johnston, Your North Gilham Neighborhoods Real Estate Expert! NORTH GILHAM NEIGHBORHOODS Jessica Johnston Real Estate Broker Listing Specialist C: 541-913-6541 O: 541-345-8100 Jessica@JessicaJohnstonHomes.com JessicaJohnston.remax.net www.NorthGilhamHomes.com Connect with me on Top 1% of Lane County Realtors® INTEGRITY HALL OF FAME 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. © 2023 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the RMLS between September 15th, 2022 and March 15th, 2023. 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. North Gilham Neighborhoods Homes Sold in the Past 6 Months Status Address Bedrooms Total Baths Estimated Square Feet* List Price** Sold Price** Sold Date Sold 3770 Waterbrook Way 4 3.0 3,100 $925,000 $900,000 03/02/23 Sold 1662 John Day Drive 4 3.1 4,200 $1,200,000 $1,365,000 02/14/23 Sold 3690 River Pointe Drive 4 2.1 2,900 $875,000 $905,000 01/05/23 Sold 3640 Meadow View Drive 3 3.1 4,100 $1,180,000 $1,098,000 01/03/23 Sold 3765 Waterbrook Way 5 3.1 3,400 $995,000 $1,050,000 12/16/22 Sold 3878 Meadow View Drive 3 2.1 2,600 $855,000 $855,000 11/21/22 Sold 2259 Lathen Way 4 3.0 3,300 $1,198,000 $1,203,000 11/15/22 Sold 1630 Canoe Ridge Way 3 2.1 2,500 $799,000 $775,000 11/02/22 Sold 1920 Meadowood Drive 4 2.1 2,500 $865,000 $855,000 11/02/22 Sold 3897 Meadow View Drive 4 3.1 3,800 $1,080,000 $1,060,000 10/18/22 Sold 3628 Sterling Woods Drive 4 2.1 2,200 $640,000 $633,000 09/22/22 Sold 2033 Bungalow Crossing Lane 3 2.1 2,500 $860,000 $860,000 09/20/22 North Gilham Neighborhoods Homes Currently Pending Status Street Name Bedrooms Total Baths Estimated Square Feet* List Price** Pending Crimson Avenue 3 2.0 1,600 $650,000 Pending Meadow View Drive 4 2.1 3,300 $795,000 Pending Marilla Lane 4 3.0 2,300 $800,000 Pending Sterling Park Place 4 2.1 3,000 $915,000 Pending Waterbrook Way 4 2.1 3,500 $975,000 North Gilham Neighborhoods Homeowner,
North Gilham Neighborhoods Homes Currently Active Status Street Name Bedrooms Total Baths Estimated Square Feet* List Price** Active Ayres Road 5 4.0 5,900 $1,350,000
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KEY VARIABLES LAST HOUSING CYCLE CURRENT HOUSING CYCLE Subprime Loans Prevalent Virtually None New Construction* 7.65 Million 4.6 Million Inventory to Market 3.8 to 4 Million 1 to 1.2 Million Mortgage Delinquency 10.1% 3.6% Homes in Foreclosure 4.6% 0.6%
HOMEOWNER *PREVIOUS FIVE YEARS