– MARKET UPDATE –
Hello, hello! There are currently 52 active listings on the market which is the peak for 2024 so far. As depicted in the graphic, there is only one home priced under $600k, two between $600k and $700k, one between $700k and $800k, and one between $800k and $900k. Additionally, there is only one listing between $900k and $1,000,000. Overall, there are only ten homes available for purchase under $1,000,000 at the moment.

In terms of pending transactions, there are currently 16 pending, with most going pending very quickly. Ten received multiple offers, typically just two or three offers in most cases. However, the listing on 3023 Anza received nine offers!
Thirteen properties went pending in the past two weeks with only five receiving multiple offers.
Below is a graphic showing the closed listing statistics. Not surprisingly, the average sale was for a four-bedroom, two-bath home, closing at around $1,113,038, which equates to $503 per square foot. I find that the price per square foot is not a very meaningful measure because it doesn't take into account factors such as lot size or location. While it can be helpful, similar to Zillow's "Zestimate," it does not consider the various variables that influence pricing.
Make sure to come by 1422 Monarch Lane Davis CA for our open house Saturday 5/4 12pm-2pm and Sunday 5/5 11am-1pm !
Image description: Metrolist Chart showing active and pending listings in Davis

– NEARBY HAPPENINGS –

2024 Whole Earth Festival I May 10th and 12th I F: 12pm - 10pm, Sat 10am - 10pm, Sun 10am - 10pm I UCDavis Quad.

The Whole Earth Festival began in 1969 as a small art class project ("Art Happening") on the UC Davis Quad. The students used art to teach visitors about the realms of activism, wellness, and environmental sustainability in an interactive and creative way. Following the United Nations' recognition of Earth Day in 1970, the event was renamed to the Whole Earth Festival, fondly nicknamed as "WEF," and has since evolved into a free student-run event, attracting over 30,000 visitors annually on Mother's Day weekend.

RADIANT BEAUTY & HEALING SOUNDS : A Mother's Day Event with Dr. Alkaitis Organics & Akasha Yoga I Saturday, May 4th: 11:30 am - 2:00 pm I 2200 Lake Washington Blvd, Suite 110 West Sacramento, CA 95691

Experience a unique afternoon dedicated to self-care, nurturing both your internal and external well-being. Kick off this event with a 60-minute guided facial featuring organic, raw, and living skincare products from West Sacramento's own Dr. Alkaitis Organics. This session will be expertly led by their top estheticians, Paisley Pahlamm, Angela Flores, and CEO Trish Alkaitis. Following the guided facial, guests will enjoy a short break complemented by snacks and organic cold-pressed juices, kindly provided by Sun and Soil Juice Company. The day will culminate with a 60-minute soothing sound bath, led by our very own Taylor Rynicki.

Purchase tickets here: https://mailchi.mp/alkaitis/radiant-beauty-sound-healing-alkaitis-and-akasha-yoga

– PICK OF THE WEEK –

Concerts in the Park I Every Friday night starting May 3rd - July 26th I 5-9pm I Cesar Chavez Plaza, Downtown Sacramento

Picked by Marcela Cardenas

Come to Cesar Chavez Plaza in Downtown Sacramento to enjoy food and drinks, silent disco, shop vintage and listen to FREE live music

P.S.

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