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 (467): lowest $49,900, highest $29,500,000, average price $1,497,658, median price $710,000, DOM 160
- Contingent sale pending (340): lowest $62,500, highest $10,300,000, average price $460,760, median price $336,000, DOM 144
- Sale pending (113): lowest $39,900, highest $1,396,000, average price $376,114, median price $299,000, DOM 83
- Sold last 6 months (681): lowest $62,000, highest $11,000,000, average price $527,399, median price $332,367 DOM 118
- Total of all categories above: 1,601; 473 are short sales 29.2%; 260 are REO 16.2%; total 727 distressed properties 45.4%
Calif. median home price: March 2012: $291,080 (Source: C.A.R.)
Calif. highest median home price by region/county March 2012: San Mateo, $677,900 (Source: C.A.R.)
Calif. lowest median home price by region/county March 2012: Tehama, $108,000 (Source: C.A.R.)
Calif. Pending Home Sales Index: March 2012: 143.7, an increase from the revised 126.5 recorded in February.
Calif. Traditional Housing Affordability Index: Fourth quarter 2011: 55 percent (Source: C.A.R.)
Mortgage rates: Week ending 4/12/2012 30-yr. fixed: 3.88% fees/points: 0.7% 15-yr. fixed: 3.11 fees/points: 0.7% 1-yr. adjustable: 2.80% Fees/points: 0.6% (Source: Freddie Mac)
Comments(4)