- Market Update -
I hope everyone is enjoying the warmer, longer days as much as I am! This past weekend, I attended a beautiful wedding at Nelson's Grove in Woodland—what a stunning venue, surrounded by majestic oak trees. If any of our clients are getting married or celebrating a big life event soon, I definitely recommend checking it out!
In real estate news, five properties that had been on the market for 30+ days have gone into escrow—congratulations to those sellers! Currently, there are 75 active listings and 19 pending properties on the market in Woodland.
Over the past two weeks, we have seen the following:
- Thirty-one listings came on market (five have gone pending).
- Median active price $627,000 (avg $695,908).
- Fourteen listings went pending.
- Median pending price $607,475 (avg $645,239).
- Two of the pending listings received multiple offers.
- Nineteen listings closed escrow.
- Median closed price $600,000 (avg $616,158).
- Eight closings received multiple offers - the highest number of offers was five.
- Eight closings were above list price, while seven were under.
- Eleven closings were conventional, five cash, and three FHA financing.
Overall, it seems that agents and sellers are starting to recognize the importance of strategic pricing in this market. In less than two weeks, two properties have reduced their prices—likely out of concern about sitting on the market too long. In addition to that we're seeing a fairly even split between homes selling above list price and those selling below (4 sold at 100% list price). When you think about that, it's a strong testament to how strategic pricing can make or break a deal. As our very own Lori Prizmich often says, "Do you want a realtor who can list your house—or one who can sell it?"
If you have any questions about the market or need assistance with your real estate goals, don't hesitate to reach out. I’m always happy to help guide you through the process! The next newsletter will be Thursday, April 29th.
To access the Refresh Newsletter featuring neighboring communities, click or scan the QR codes at the bottom of this email.
Best,
Marcela Cardenas(916)[email protected]# 02251851
Image description: Metrolist Chart showing active and pending listings in Woodland
- Nearby Happenings -
Blue Note Brewering Company Presents: Earth Day Celebration I Saturday, April 19 th, 1 - 9 PM I 750 Dead Cat Alley, Woodland
Join Blue Note Brewery April 19th for a full day of fun, celebrating Earth Day with live music, vendors, and a tie dye class!
FREE ADMISSION - FAMILY FRIENDLY
1-4 pm - Raya Nova takes the stage, bringing a great combination of Classic Rock with psychedelia and a touch of Latin rhythms.
1-5 pm - Peruse a collection of booths with local artwork and crafts for sale!
5-6 - Tie dye your own Blue Note T-Shirt with a class taught by Lori Rumsey! ADMISSIONS CLOSED
6-9 pm - People of Earth get ready to rock the brewery with their blend of Classic Rock n Roll, rhythm and Blues, and soul from the 60's and 70's.
Bring in your old 4-pack and 6-pack holders to recycle for $1 off your first beer!
- Pick of the Week -
Pazza Notte
Picked by: Marcela Cardenas
1801 L Street, Suite 10 Sacramento. Located in the cultural hub of the city, Pazza Notte features a spacious outdoor patio featuring lush greenery. Inside, the dining room offers a vibrant atmosphere with an exhibition kitchen, a full-service bar, and DJ on selected nights.
- Click Below for Refresh Newsletter -
P.S.
Click or scan the QR code below to follow our team's Instagram account! Here you'll get the hottest updates on our listings and upcoming open houses!
