-MARKET UPDATE-
Hello, hello!
It’s that time of year again when the days are becoming shorter and the pace seem to be slowing down a bit before the holidays. It’s also a great time to think about Fall planting; cilantro, kale, carrots and my favorite, cauliflower. There’s such a great sense of gratification and accomplishment from nurturing plants and harvesting food.
In real estate news, Vacaville currently has 200 active listings with a median price of $680,000 and 73 pending listings with a median price of $655,000. There are 42 contingent listings with a median price of $641,500.
Over the past two weeks, we have seen the following:
- Forty-seven new listings came on the market (four have already gone pending).
- Prices range from $405,000 to $1.89m.
- The median active price is $714,000 (avg. $765,482).
- Thirty listings went pending ranging in price from $199,000 to $1.475m.
- The median pending price is $609,000 (average $664,000).
- Eight of the pending listings received multiple offers.
- Forty-one listings closed escrow.
- The median closed price was $630,000 (average $670,000).
- Eleven closings received multiple offers.
- Fourteen properties closed under the list price, and sixteen went over with the highest at 108% of the list price.
- Five closings were cash, eight VA, eight FHA, one 1031 exchange, and the remaining were conventional financing.
Although there were similar number of new and pending listings in the past two weeks, the number of closings jumped from twenty-eight to forty-one properties. It is not unusual to see this trend we expect that the number of closings will continue to increase right before the Thanksgiving break. We will continue to keep you posted.
The next newsletter will be released on October 16, 2025. To view the Refresh Newsletter featuring neighboring communities, simply click the corresponding image at the bottom of this email. If you have any questions or feedback, please feel free to connect. We would love to hear from you!
-NEARBY HAPPENINGS-
Harry Potter and the Prisoner of Azkaban in Concert | October 17 at 7:30pm and October 18 at 1:30pm | Safe Credit Union Convention Center 1401 K Street in Sacramento, CA.
Experience the Sacramento Philharmonic and Opera concert and relive the magic of this beloved series. Make unforgettable memories and support the arts!
-PICK OF THE WEEK-
If you've never experienced Bette's Oceanview Diner on 4th Street in Berkeley, you haven't experienced pancakes! Fluffy and oh so good, you may not want to have pancakes anywhere else. Luckily, this book has the recipes. I've been making their fool proof classic griddle cakes for over two decades. Enjoy it with blueberries or just plain with syrup. It's the ultimate comfort food.
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