Napa Valley and California Real Estate Fast Facts including short sales and bank owned (REO)

If I can help you find the perfect Napa Valley property, please email me

Curtis@NapaValleyAddress.com 

Napa County Residential Properties including condos/townhomes/manufactured homes (Source: BAREIS)

  • Listed for sale (475): lowest $108,750, highest $29,500,000, average price $1,897,273, median price $805,000, DOM 155
  • Contingent sale pending (281): lowest $40,000, highest $2,895,000, average price $413,249, median price $339,000, DOM 138
  • Sale pending (88): lowest $79,500, highest $2,988,000, average price $425,056, median price $335,000, DOM 88
  • Sold last 6 months (851):  lowest $38,500, highest $11,000,000, average price $521,375, median price $350,000 DOM 119
  • Total properties in all categories above: 1,695; 442 are short sales 26.6%; 209 are REO’s 12.6%; total 651 distressed properties 39.2%

Calif. median home price: June 2012: $320,540 (Source: C.A.R.)
Calif. highest median home price by region/county June 2012: San Mateo, $825,000 (Source: C.A.R.)
Calif. lowest median home price by region/county June 2012: Merced, $107, (Source: C.A.R.)

Calif. Pending Home Sales Index: June 2012: 121.4, down 3.8 percent from May's 126.1.

Calif. Traditional Housing Affordability Index: Second quarter 2012: 51 percent (Source: C.A.R.)

Mortgage rates: Week ending 8/9/2012 30-yr. fixed: 3.59% fees/points: 0.6% 15-yr. fixed: 2.84 fees/points: 0.6% 1-yr. adjustable: 2.65% Fees/points: 0.4% (Source: Freddie Mac)

Napa Valley and California Real Estate Fast Facts including short sales and bank owned (REO) 

If I can help you find the perfect Napa Valley property, please contact me

Your Napa Valley Broker Extraordinaire, selling Real Estate here from its heart, Yountville

My website & blog: www.NapaValleyAddress.com

 
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7 Comments on Napa Valley and California Real Estate Fast Facts August 19, 2012

AUG
20
177,110 Points Outside Blog

So, is a short sale in Napa Valley a half bottle of fine wine?
8:11am • #1
356,182 Points 3 Featured Posts Outside Blog Called Shot Master

Erv

Is that a half empty or half full bottle? I guess as long as it is FINE, it may not matter, cheers cvc
8:18am • #2
587,113 Points 46 Featured Posts Outside Blog Called Shot Master

I had to smile at the conversation between you and Erv :)  Some days around here it doesn't have to be FINE just so it's grapes :)
9:21am • #3
356,182 Points 3 Featured Posts Outside Blog Called Shot Master

John

Can't agree with you more, cheers cvc
10:42am • #4
706,099 Points 10 Featured Posts Outside Blog Called Shot Master

Curtis,

I always enjoy looking at your fast facts as these short market reports are aesy to read and understand. I am sure buyers and sellers enjoy these posts. Cheers my friend and a have a truly great week.

3:05pm • #5
404,511 Points 8 Featured Posts Outside Blog Called Shot Master

Curtis - I'm with John, loved your back and forth with Erv!  Half full,half empty, it's all good if the wine is fine!  Great market report for the Napa Valley area.  Nicely done!!!
3:35pm • #6
408,967 Points 1 Featured Post Outside Blog Called Shot Master

Curits,

   Another great shot of the Napa Valley Real estate if they do not choose you as a realtor with all your knowledge......
3:37pm • #7


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Curtis Van Carter your Napa Valley Broker Extraordinaire in Yountville

Yountville, CA

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Coldwell Banker Brokers ofthe Valley, Yountville Napa Valley

Address: PO Box 2905, Yountville, CA, 94599

Office Phone: (707) 944-0421

Cell Phone: (707) 815-8584

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