North Gilham Available Residential Inventoryof Homes for Sale 2002-2009
By Jim Hale, Eugene Oregon's Best Home Search Website
(ACTIONAGENTS.NET)
Like many areas of the county, state, and nation, the available residential inventory in Eugene's North Gilham RMLS Market Area is currently several times that experienced in the boom of 2003-2005. North Gilham carries an inventory level that is higher than average for the Eugene - Springfield metropolitan area. (Here monthly available inventory is computed by dividing the number of listings active at the end-of-month by the number of sales closed during the month.) North Gilham did not experience as hot a boom market in 2004-2006 as other expanding neighborhoods of northern Eugene. North Gilham did see 20 months (shown in green above) in which the inventory of homes for sale was less than 2.5 months. That compares to 26 months "in the green" for Bethel-Danebo and 34 months below...
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