– MARKET UPDATE –
Hello, hello!
I’m writing to you from my hotel room in Pacific Grove where I'm enjoying a quick two-day trip (with my laptop obviously!). I am spending well-deserved time with family including my favorite aunt and uncle visiting from New York. The team has been busy-busy since we last spoke—preparing homes for the market, holding open houses, and writing offers for clients. Although the work never stops, at least the ocean view is a consolation (wink). In Woodland, we currently have 113 active and 36 pending properties.
Over the past two weeks, we have seen the following:
- Thirty new listings came on the market ranging in price from $399,900 to 1,150,000.
- Six new listings have already gone pending.
- The median active price is $625,000 (avg. 683,020).
- Twenty listings went pending ranging in price from $385,000 to $724,000
- The median pending price is $501,950 (average $585,325).
- Nine of the pending lsitings received multiple offers, including seven on Palm and five on Cunningham!
- Twenty-five listings closed escrow.
- The median closed price was $530,000 (average $553,815).
- Ten closings received multiple offers.
- Fifteen properties closed under the list price, and six closed over.
- Sixteen closings were conventional, four FHA, three cash, one VA and one private financing.
We saw a few more multiple-offer situations over the past two weeks both in pending sales and closed transactions. There was also an increase of 11 closed homes over the previous period. It is great to see the market remain steady this time of year. If you’re a buyer or seller wondering whether to wait until next summer to make a move, it may be worth reaching out to our team to discuss. We’re always happy to chat, no matter what stage of planning you’re in!
The next newsletter will go out on September 4th, 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
Image description: Metrolist chart showing active, pending and closed listings in Woodland
– NEARBY HAPPENINGS –
DIVE IN MOVIE is coming next Friday, 8/22! Come to Charles Brooks Community Swim Center for a special viewing of Moana 2. Admission is free and gates open at 6:00 pm, movie to begin at sundown (around 7:45 pm).
– TIP OF THE WEEK –
RECEPIE: PANAZELLA SALAD
RECEPIE: PANAZELLA SALAD
Picked by Lori Prizmich
Panzanella salad with hearty Italian bread, tomatoes, shallots and basil, tossed in a light and tangy dressing. If you like, add fresh mozzarella cheese. Toasting the bread in the oven for a few minutes produces the best texture. How long you allow your panzanella salad to sit is up to you, I find 30 minutes to be a good amount of time for the flavors to meld and for the bread to soak just enough of the dressing without getting too soggy.
– REFRESH NEWSLETTER QR CODES –
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!
