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 (476): lowest $108,000, highest $35,000,000, average price $1,881,473, median price $799,000, DOM 150
- Contingent sale pending (322): lowest $40,000, highest $10,300,000, average price $507,237, median price $325,000, DOM 142
- Sale pending (101): lowest $79,500, highest $3,495,000, average price $508,019, median price $350,000, DOM 101
- Sold last 6 months (765): lowest $38,500, highest $11,000,000, average price $523,987, median price $350,000 DOM 119
- Total of all categories above: 1,664; 466 are short sales 28.0%; 238 are REO’s 14.3%; total 704 distressed properties 42.3%
Calif. median home price: April 2012: $308,050 (Source: C.A.R.)
Calif. highest median home price by region/county April 2012: Marin, $783,850 (Source: C.A.R.)
Calif. lowest median home price by region/county April 2012: Siskiyou County, $103,330 (Source: C.A.R.)
Calif. Pending Home Sales Index: April 2012: 128, a decrease from the revised 138.9 recorded in March.
Calif. Traditional Housing Affordability Index: First quarter 2012: 56 percent (Source: C.A.R.)
Mortgage rates: Week ending 6/7/2012 30-yr. fixed: 3.67% fees/points: 0.7% 15-yr. fixed: 2.94 fees/points: 0.7% 1-yr. adjustable: 2.79% Fees/points: 0.4% (Source: Freddie Mac)
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