– MARKET UPDATE –
Hello, hello!
I hope everyone had a wonderful weekend. I enjoyed a Sunday out on the lake with family and friends. We went to Beals Point in Folsom and had the best time. In terms of real estate, there are currently 103 active properties and 43 pending properties in Woodland.
Over the past two weeks, we have seen the following:
- Thirty-six listings came on market, and ten have already gone pending. The range is from $325,000 to $1,970,000.
- Median active price is $612,500 (avg. $762,677).
- Twenty-eight listings went pending.
- Median pending price is $569,944 (avg. $604,489).
- Twelve of the pending listings received multiple offers, the highest being five on Hayley Dr.
- Fourteen listings closed escrow.
- Median closed price is $532,500 (avg. $570,643).
- Three closings received multiple offers. Four were above list price while seven were under.
- Eleven closings were conventional, two cash, and one FHA financing.
Compared to the previous two weeks, pending inventory jumped 64.7% while active inventory rose only 28.6%, suggesting that buyer demand may be growing faster than new supply.
The next newsletter will arrive Thursday, June 26th—talk to you then!
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 –
Woodland Pride Celebration: Saturday June 21st
Join CommuniCare+OLE for the 5th Annual Woodland Pride celebration! Festivities kick off with a parade down Main Street, beginning at Main and Elm in Downtown Woodland, and continue with a party at 212 2nd Street. There will be floats, food trucks, ice cream, music, giveaways, and more. Whether you identify as LGBTQIA+, are an ally, or just want to come out and have a great time, this event is free and open to all!
– TIP OF THE WEEK –
LAKE SOLANO COUNTY PARK | 8685 PLEASANT VALLEY ROAD, WINTERS
Picked by Lori Prizmich
Lake Solano Park sits at the base of the coastal foothills west of the town of Winters. Lake Solano helps control the amount of water flowing from Lake Berryessa into Putah Creek and is important for many different animals, including birds, black-tailed deer, ground squirrels, and California quail. The cold water in the creek and lake is famous for fly fishing.
– 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!
