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West Sacramento- May 1, 2025

Marcela Cardenas  |  May 1, 2025
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– MARKET UPDATE – 

Hello, hello!
The weather has really been throwing me for a loop these past two weeks. A friend recently told me this is what some people call “fake summer”—one day it’s 85 and sunny, the next it’s a chilly 65 with light rain. Still, I made the most of it! I hosted my first BBQ at my new place and held an open house in the Woods Circle development in Davis. I was glad to see that, despite the unpredictable weather, buyers are still motivated and showing up to explore new listings!
 
In real estate news, 10 properties that had been on the market for 30+ days have gone into escrow—congratulations to those sellers! Currently, there are 82 active listings and 43 pending properties on the market in West Sacramento.
 
Over the past two weeks, we have seen the following: 
  • Twenty- listings came on market (15 have gone pending).
  • Median active price $628,833 (avg. $628,256). 

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  • Nineteen listings went pending.
  • Median pending price $569,000 (avg $582,808). 
  • Five of the pending listings received multiple offers. 
 
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  • Fourteen listings closed escrow.
  • Median closed price $544,500 (avg $622,969).
  • Two closings received multiple offers - the highest number of offers was 18! 
  • Five closings were above list price, while seven were under. 
  • All closings were conventional, except for two FHA financing.
     
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Compared to the previous two weeks, we’ve seen a noticeable uptick in listing coming on to the market (+13), pending sales (+7) and closed (+3) escrows along with a rise in list-to-sale price alignment. What's especially interesting is that while fewer properties received multiple offers this week, one listing stood out with a remarkable 18-offer frenzy. Anecdotally I think this listing was priced too low. 
 
The takeaway? Whether you're buying or selling, the market is moving—and strategy matters. As always, I’m here to help you make sense of the market and move forward with confidence. The next newsletter will arrive Thursday, May 9—see you then!
 
 

– NEARBY HAPPENINGS – 

 

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Sacramento Beer Week at Drakes Barn I May 2nd, 6-10 PM I Drakes Barn

 

It’s Sacramento Beer Week and we’re celebrating in style at Drake’s: The Barn!

From April 25th-May 4th, join us for a week packed with daily events, exclusive beer releases, and good times made possible by our friends from the Sacramento Area Brewers Guild.

Come to The Barn to raise a glass to Sacramento’s vibrant craft beer scene!

 

– PICK OF THE WEEK – 

 

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BOOK: The Social Animal by David Brooks

Picked by: Lori Prizmich

Written by American journalist David Brooks, the social animal brilliantly blends fiction and non-fiction elements. The two fictional characters’ emotional personality changes in different life stages are integrated with psychological, scientific, cultural, and sociology commentaries. Written in the style of accessible journalism, The Social Animal summarizes various scientific discoveries simply, giving us a better grasp of our emotions, intuitions, biases, longings, and social bonds.

– REFRESH NEWSLETTER LINKS – 

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