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South Gateway Real Estate Overview

Today, December 29, 2009

Avg. Listing Price $252,309 Wk ending Dec 23

-$769
-0.3%
w-o-w

Median Sales Price $204,000 Sep '09 - Nov '09

-$8,500
-4.0%
y-o-y

229	Homes For Sale	0	Open Homes
175	Recently Sold	36	Foreclosures

Average Listing Price

$252,309

-0.3%

w-o-w

Median Sales Price

$204,000

-4%

y-o-y

Average price/sqft

$126

-9.4%

y-o-y

Number of Sales

+32.8%

y-o-y

More South Gateway Market Trends

Select chart to embed:

Most popular
neighborhoods

Avg. listing price
Week ending Dec 23

w-o-w

West Salem

$288,022

-0.6%

South Gateway

$252,309

-0.3%

Croisan-Illahe

$426,372

-2.4%

South Salem

$306,348

+0.4%

South Central

$250,632

-0.8%

Movers & Shakers

Avg. listing price
Week ending Dec 23

w-o-w

Highland

$171,752

+12.0%

Morningside

$267,294

-4.6%

Southeast Mill Creek

$154,766

-3.3%

Central Area

$436,477

+2.7%

Croisan-Illahe

$426,372

-2.4%

View Salem Home Prices Map

The median sales price for homes in South Gateway, Salem for Sep 09 to Nov 09 was $204,000 based on 77 sales. Compared to the same period one year ago, the median sales price decreased 4%, or $8,500, and the number of sales increased 32.8%. Average price per square foot for South Gateway was $126, a decrease of 9.4% compared to the same period last year.

There are currently 229 resale and new homes in Salem on Trulia, including 36 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in South Gateway was $252,309 for the week ending Dec 23, which represents a decrease of 0.3%, or $769, compared to the prior week.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Gervais School District 1

Public

—

Salem Keizer School District 24j

Public

—

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Sumpter Elementary School

Public

K - 5

Lee Elementary School

Public

K - 5

Pringle Elementary School

Public

K - 5

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Salem Schools

1121 Genie…

$150,000

3 br 2 ba

381 Holder…

$209,900

3 br 2 ba

1859 Lexin…

$246,000

3 br 2 ba

6516 Doral…

$250,000

3 br 2 ba

5559 Novak…

$249,900

3 br 2 ½ ba

2266 Reed…

$275,000

4 br 2 ba

View all South Gateway Homes for Sale

South Gateway, Salem

Neighborhoods

Median
sales price

Average
listing price

Faye Wright

$179,900

$229,615

Sunnyslope

$188,000

$262,739

Morningside

$181,000

$267,294

South Salem

$209,000

$306,348

South Central

$168,950

$250,632

Croisan-Illahe

$407,000

$426,372

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

South Gateway Real Estate Overview

Market View for South Gateway

Market Trends for South Gateway

Home Prices for Salem

South Gateway Summary

Schools in Salem

Community Info for Salem

Homes for Sale in South Gateway

Recent Q&A in Salem, OR

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Nearby Neighborhoods Real Estate

Nearby Neighborhoods Sold Homes

Nearby Neighborhoods Home Prices

South Gateway Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close