– MARKET UPDATE –
Hello, hello!
It has been an eventful two weeks since we last spoke. The Summer Solstice passed, I was asked to be a godparent and connected with a few old friends about helping them find their first home! So many exciting new chapters have begun. In terms of real estate... there are currently 94 active and 39 pending properties in West Sacramento.
Over the past two weeks, we have seen the following:
- Twenty-one new listings came on the market ranging in price from $419K to $869K.
- Three new listings have already gone pending.
- The median active price is $617,338 (average $606,936).
- Twelve listings went pending ranging in price from $369,999 to $869,000.
- The median pending price is $547,000 (average $557,245).
- Six of the pending listings received multiple offers.
- Thirteen listings closed escrow.
- The median closed price was $631,469 (average $702,959).
- Four closings received multiple offers.
- Five of the closed properties were under the list price, and four were over.
- Nine closings were conventional, two FHA, one cash, and one VA financing.
Compared to the last two weeks, there has been a decrease in multiple offer activity. I'll continue to keep an eye on this trend. As always, I’m here to help you make sense of it and move you forward with confidence. The next newsletter will go out on July 8, 2025. To access the Refresh Newsletter featuring neighboring communities, click or scan the QR codes at the bottom of this email.
Best,
Marcela Cardenas
(916) 384-5661
[email protected]
DRE# 02251851
– NEARBY HAPPENINGS –
Everybody's Favorite BBQ & Hot Sauce Festival | June 27th-29th | O'Neil Park Broadway Sacramento, CA 95818
Everybody’s Favorite BBQ & Hot Sauce Festival is an inviting diverse event that highlights the aroma of America’s best barbecue vendors while bringing together a multi-cultural outdoor social setting that is sure to evoke a spirit of love, unity, and memories among all those in attendance. The festival is a 3-day event featuring 70’s Disco Party, EDM Fest, BBQ & Hot Sauce Competition, Top 40 Day Party, Ole Skool Block Party, Country Fest, and Rock Fest.
– PICK OF THE WEEK –
PODCAST: BEING WELL, FORREST HANSON
Picked by: Lori Prizmich
Forrest Hanson is joined by clinical psychologist Dr. Rick Hanson and a world-class group of experts to explore the practical science of lasting well-being. Conversations focus on the key insights from psychology, science, and contemplative practice that you need to build reliable inner strengths, overcome your challenges, and get the most out of life. New episodes every Monday.
– REFRESH NEWSLETTER LINKS –
P.S. Click or scan the QR code below to follow our team Instagram account! Here you'll get the hottest updates on our listings and upcoming open houses!
