– MARKET UPDATE –
Hello, hello!
I hope everyone had a wonderful and restful Memorial Day weekend. I was graciously invited to join Lori at BottleRock last Friday and had the best time with her and her amazing daughter! In real estate news, there are currently 99 active listings and 33 pending properties on the market in Woodland.
Over the past two weeks, we have seen the following:
- Twenty-eight listings came on market, and seven have already gone pending. The range is from $359,500 to $1,190,000.
- Median active price is $599,900 (avg. $625,062).
- Seventeen listings went pending.
- Median pending price $549,900 (avg $572,003).
- Six of the pending listings received multiple offers, the highest number of offers was 6 on 2nd St.
- Eleven listings closed escrow.
- Median closed price is $625,000 (avg. $752,764).
- Only one closing received multiple offers.
- Two closings were above list price, while 5 were under.
- Six closings were conventional, three cash, one VA, and one FHA financing.
Compared to the previous two weeks, the market has remained steady. One notable closing was a property on Gibson, which sold for an impressive 127% of its list price. If I had to make an educated guess, given the home's location and condition, it was likely highly sought after by at least two serious buyers. This probably led to a bidding war where the highest offer ultimately won out.
The next newsletter will arrive Thursday, June 12th—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 –
Cars and Coffee Woodland I Saturday June 7th 8 AM - 11 AM I 1332 E. Main Street (Dutch Bros/Ace Hardware parking lot)
Whether you admire race cars, classic cars, exotics, hot rods, or muscle cars, you'll find like-minded enthusiasts here. This free, family-friendly event is designed for car enthusiasts who enjoy a relaxed, casual meet without the commitment of an all-day show.
– TIP OF THE WEEK –
Concert in the Park I Every Friday night through June 25th I 5-9pm I Cesar Chavez Plaza, Downtown Sacramento
Picked by Marcela Cardenas
Sacramento's largest, longest-running free music festival lives in downtown Sac! Listen to lineups featuring Grammy-winning artists, DJs, and Sacramento legends for free, every Friday. Concerts in the Park (CIP) has evolved from a "battle of the bands" meant for grabbing a beer after work with your co-workers into a rite of passage for Sacramento's musical talent and a true music festival. CIP is for the people of Sacramento. It's a free event where everyone is welcome.
– REFRESH NEWSLETTER QR CODES –
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