Napa Valley Market Snapshot, April 3 - 10

By
Real Estate Agent with Pacific Union International - Christie's Great Estates

There is a real estate market, alive and well in the Napa Valley, Northern California. Sales below the $400,000 price point are dominated by REO and Short Sales, but there are buyers and several multiple offer sales weekly.

I am providing a snapshot of the sales or "hotsheet: as it is called in our area. This is the 7 day activity of the heartbeat of our market. No limits on price, size or location.

New Listings:                          65                             Price Reductions:                36

New Sales, under contract:       33                             Pending, Ready to close:     25

Closed Escrow, sold:               32                             Back on the market/possible relist or failed sale:  21

Notible Sales:

High Sale:                             $3,800,000    SOLD   St. Helena   5 acres   3/5 4000 sq ft

Low Sale:                              $158,000       SOLD   Calistoga     2/2  Condo  1200 sq ft

Other notable Listings:

Joe Montana's home and property, horse and equestrian facility is for sale

Robert Mondavi and Margaret's home on top of Wappo Hill is for sale as well

For more insight to our market in the Napa Valley, you can call me.

Stefan Jezycki, Napa Valley

Comments (3)

Leslie Ebersole
Swanepoel T3 Group - Saint Charles, IL
I help brokers build businesses they love.

Napa is so wonderful. I grew up in Mill Valley and Tiburon and am sooooo envious that you live in northern California and sell real estate there. Post pictures!!!

Apr 11, 2010 03:58 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Stefan - interesting stats. Living is a smaller area is so differnet than a big city. I imagine it's much easier to keep on top of what's happening.  It would be fun to see pics of some of these homes!  Are you doing some localism?

Apr 11, 2010 12:26 PM
Carra Riley & Declan Kenyon
Brokers Guild Cherry Creek Ltd - Westminster, CO
Helping people Transition at all ages!

Stefan....From your stats, your market certainly appears to be alive and well.  I agree the the previous posts that pictures would be nice.  Good luck.

cosmic cow

Apr 12, 2010 02:41 AM