– MARKET UPDATE –
Hello, hello!
Hope everyone enjoyed the last few days of sunshine! It looks like we might get a bit more rain. If you're like me and not a big fan of it, don’t worry—this year is flying by. Summer is just around the corner!
This weekend, I took advantage of the sunshine and completed my first half marathon at the Kaiser Permanente Napa Valley event. After months of training, it felt incredible to cross that finish line!
In real estate news, I helped my clients close on their second investment property in Oak Park. I also joined Maria West at her open house for a beautiful condo in the Pajaro development in Davis.
In Woodland, there are currently 54 active properties on the market and 33 pending properties.
Over the past two weeks, we have seen the following:
Twenty one new listings came on market.
Median active price $525k (avg $709,071). 
Twenty-nine listings went pending.
Median pending price $525k (avg $585,414).
Thirteen of the pending listings received multiple offers.
Thirteen listings closed escrow.
Median closed price $550k (avg $549,769).
Four closings received multiple offers.
Seventy percent of closings were under the list price. Let's keep an eye on this percentage as the season progresses.
Eleven closings were conventional, 1 cash, 1 private financing.
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 March 20th.
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
Image description: Metrolist Chart showing active and pending listings in Davis
– NEARBY HAPPENINGS –
Blue Note Brewery: Saint Patrick's Day I Saturday March 15th 1:00 PM - 9:00 PM I 750 Dead Cat Alley, Woodland
St. Patrick's Day is just around the corner ! Save the date, and join in the festivities! Snag a delicious green beer and try their Irish inspired menu created by Blue Flame Kitchen.
Live Music all day! Strung Nugget Gang (bluegrass/americana) 1-4 PM & The Labricks (classic covers) 6-9 PM, and of course, fan favorite Blue Note Tricycle races and Stein-holding competitions! Trike Race 4PM, Stein Holding 5PM.
– PICK OF THE WEEK –
Restaurant: La Cheve Bakery and Brews I 376 Soscol Ave, Napa, CA 94559
Picked by: Marcela Cardenas
Take a bite of history: Napa's oldest adobe building, circa 1840, is now home to relative newcomer La Cheve Bakery and Brews. The woman-owned Mexican hotspot serves excellent comfort food and awesome baked goods. Of course that's a winning combination for long wait times, so your best bet is to come on the early side!
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