– MARKET UPDATE –

Hello, hello! It has been a pretty toasty week out there! If you are looking for something fun to do, the Davis Music Festival is this weekend and Lori Prizmich and Associates is once again a sponsor. Please enjoy! As for Davis real estate, there are currently 44 active listings (plus 7 income properties). We have added 18 new listings in the past two weeks, but half have already gone pending including our newest listing on Denison!

There are currently 16 pending properties. Nine have come on the market in the past two weeks. Of the properties that have gone pending in the past two weeks, half received multiple offers. The most popular property was Olympic Drive, which received four offers.

Eleven properties have closed escrow in the past two weeks. Two of the closings were ours: Fordham (happy buyers!) and Estaban (happy sellers!) which had the highest percentage over the list price.

It will be interesting to see if this year is more of a traditionally seasonal year where the market quiets down in late July/August or if it ends up springing to life in the last half of the year as in 2023. This market is a little hard to predict since interest rates are still tipping the scales of activity. In any event, we are here if you, family, friends, or colleagues need guidance!

Image description: Metrolist Chart showing active and pending listings in Davis


– NEARBY HAPPENINGS –

Davis Music Festival I Various venues in Davis I June 14-16th

If you haven't grabbed your tickets for the city’s biggest weekend of live music or you're seeking a fun Father's Day experience, be sure to grab your tickets now. The Davis Music Fest is back, bringing an incredible lineup of 42 bands and performers to downtown Davis from Friday, June 14 through Sunday, June 16. Celebrating its twelfth year, this much-anticipated festival is presented by the dedicated all-volunteer Davis Live Music

– PICK OF THE WEEK –

Picked by: Lori Prizmich

My pick of the week is Pottery Barn linen sheets! If you haven't had the pleasure of sleeping on linen sheets, you are missing out! Linen has a loose weave, so unlike silk it is cool, breathable and moisture-wicking. This is important in the summer! The sheets are great year round. Two insights, not all "linen sheets" are 100% linen and true linen sheets are an investment. They get softer each time you wash them and are super durable. Enjoy your sleep!