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