Napa Valley and California Real Estate Fast Facts including short sales and bank owned (REO)
Napa County Residential Properties including condos/townhomes/manufactured homes (Source: BAREIS)
- Listed for sale (459): lowest $108,750, highest $35,000,000, average price $1,958,881, median price $849,000, DOM 155
- Contingent sale pending (314): lowest $40,000, highest $3,995,000, average price $449,067, median price $331,450, DOM 135
- Sale pending (104): lowest $79,500, highest $7,495,000, average price $577,007, median price $359,000, DOM 120
- Sold last 6 months (801): lowest $38,500, highest $11,000,000, average price $449,067, median price $345,000 DOM 118
- Total of all categories above: 1,677; 469 are short sales 30.0%; 225 are REO’s 13.4%; total 694 distressed properties 41.4%
Calif. median home price: May 2012: $312,110 (Source: C.A.R.)
Calif. highest median home price by region/county May 2012: Marin, $791,670 (Source: C.A.R.)
Calif. lowest median home price by region/county May 2012: Merced, $119,410 (Source: C.A.R.)
Calif. Pending Home Sales Index: May 2012: 128.8, unchanged from April.
Calif. Traditional Housing Affordability Index: First quarter 2012: 56 percent (Source: C.A.R.)
Mortgage rates: Week ending 7/5/2012 30-yr. fixed: 3.62% fees/points: 0.8% 15-yr. fixed: 2.89 fees/points: 0.7% 1-yr. adjustable: 2.68% Fees/points: 0.5% (Source: Freddie Mac)
Napa Valley and California Real Estate Fast Facts including short sales and bank owned (REO)
