– MARKET UPDATE –
Hello, hello!
July was packed with excitement! I celebrated my birthday surrounded by friends and family, helped two first-time homebuyers find their dream homes, and listed the cutest bungalow on I St in Central Davis.
I’m thrilled to share that after just 5 days on the market, the home is now in escrow! This was a long-term project with a wonderful client, where we transformed the property to be truly “market ready.” With all the care and effort we put in, it’s no surprise the home received multiple offers.
If you’re curious about our team’s proven formula for preparing homes for the market, I’d love to share more. In terms of real estate, there are currently 113 active and 44 pending properties in Woodland.
Over the past two weeks, we have seen the following:
- Thrity-two new listings came on the market ranging in price from $399,000 to $1,350,000
- Sixe new listings have already gone pending.
The median active price is $649,000 (average $657,302).
- Twelve went pending ranging in price from $310,000 to $749,000
- The median pending price is $467,500 (average $499,242).
- Seven of the pending lsitings received multiple offers, including seven on Riverside and six on Cunningham!
- Sixteen listings closed escrow.
- The median closed price was $479,500 (average $472,831).
- Seven closings received multiple offers.
- Eleven properties closed under the list price, and three over.
- Nine closings were conventional, five cash and two FHA.
Two changes that really stood out to me in this newsletter update were:
1. In our previous newsletter, we saw that there were 26 pending sales, but this time, there were only 12 - a 46% decrease. This may mark the start of the seasonal slow down. I'll continue to monitor this.
2. lose price this newsletter, 68% of closings (11 out of 16) were under list price. That could be a signal of either softening buyer demand or increased seller motivation.
We also saw a noticeable uptick in cash purchases this time around. It makes me wonder: are contractors and flippers purposely waiting until this time of year to swoop in on sellers who are nervous about holding their properties past August? I'll continue to look at this as we progress in the season.
The next newsletter will go out on August 21st, 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
– PICK OF THE WEEK –
Paws for Cause I Saturday July 26th, 10-1 PM I 55 W Main St, Woodland, CA
Get ready for a paws-itively fun and heartwarming day at Paws for Purpose!
This community event is all about celebrating our furry friends while giving back to animals in need. Hosted by Chasin Suds, Wags & Whiskers, and Scruffy 2 Fluffy, all proceeds will be donated to the Yolo County Animal Shelter to support the incredible work they do for local pets.
– TIP OF THE WEEK –
CAT TALES FELINE HEALTH CENTER: TABBY TEA CAT LOUNGE
CAT TALES FELINE HEALTH CENTER: TABBY TEA CAT LOUNGE
Picked by Lori Prizmich
Cat Tales Feline Health Center offers Davis’ first cat lounge, Tabby Tea Cat Lounge (logo designed by local Da Vinci High School students)! The cat lounge is open to those cat lovers who need a refreshingly purrfect break with a few cats and kittens. They have complimentary coffee and pre-packaged boba teas available while you enjoy your time with our feline residents.
Schedule your visit here: https://cattalesdavis.com/cat-lounge-adoptions/
– 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!
