
– MARKET UPDATE –
Hello hello! I hope you’re all enjoying the week leading up to the holidays, finding time to unwind and do what brings you joy. I spent the weekend in Truckee, soaking up the atmosphere at Squaw Valley and watching skiers and snowboarders take well-earned breaks between runs. In real estate news, while this time of year often brings a seasonal slowdown, activity hasn’t come to a halt. We've been busy connecting with clients and previewing a few exciting off-market opportunities—there’s still momentum for those eager to make a move! There are currently 60 active properties on the market and 20 pending properties.
Over the past two weeks, we have seen the following:
3 new listings came on market
Median active price $ 599,000 10 listings went pending
Median pending price $609,750
4 of the pending listings received multiple offers - including 5 offers on 440 3rd St!
12 listings closed escrow
Median closed price $ 547,000
5 closings received multiple offers
6 closings were under the list price
3 closing were cash, 2 FHA and the remainder were conventional financing
For reference, during the same time period last year there were 12 closings, the median price was $565,750, and 1 closing was cash! The next newsletter will be January 9th, 2025.
To access the Refresh Newsletter featuring neighboring communities, click or scan the QR codes at the bottom of this email.
Image description: Metrolist Chart showing active and pending listings in Davis
– NEARBY HAPPENINGS –
Woodland Holiday Ice Rink | Open everyday except Mondays from 11-9AM | 1001 Main Street, Woodland
Visit Woodland and the Woodland Hoteliers Group are thrilled to announce the first ice rink in downtown Woodland this holiday season! The outdoor rink is a winter wonderland with lights, festive decor, holiday music, fire pits, and hot cocoa, all near downtown shopping and dining. Plus half of the profits will be donated to the non-profit managing the rink!
– PICK OF THE WEEK –
German Pancakes Recipe
Picked by Lori Prizmich
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P.S.
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