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Napa Valley and California Real Estate Fast Facts August 31, 2012

By
Real Estate Agent with Better Homes & Gardens Wine Country Group DRE # 00770113

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 (467): lowest $108,750, highest $29,500,000, average price $1,945,822, median price $805,000, DOM 158
  • Contingent sale pending (278): lowest $40,000, highest $3,495,000, average price $431,164, median price $349,000, DOM 140
  • Sale pending (99): lowest $79,500, highest $2,395,000, average price $393,025, median price $325,000, DOM 75
  • Sold last 6 months (858):  lowest $38,500, highest $11,000,000, average price $528,212, median price $355,500 DOM 120
  • Total properties in all categories above: 1,703; 435 are short sales 25.5%; 209 are REO’s 12.3%; total 644 distressed properties 37.8%

Calif. median home price: July 2012: $333,860 (Source: C.A.R.)
Calif. highest median home price by region/county July 2012: Marin, $845,860 (Source: C.A.R.)
Calif. lowest median home price by region/county July 2012: Tehama, $95,000 (Source: C.A.R.)

Calif. Pending Home Sales Index: July 2012: 116.1, down 4.2 percent from June's 121.2

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

Mortgage rates: Week ending 8/23/2012 30-yr. fixed: 3.66% fees/points: 0.7% 15-yr. fixed: 2.89 fees/points: 0.7% 1-yr. adjustable: 2.66% 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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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

Comments (5)

John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Area Realtor® Curtis Van Carter  can help you find the perfect Napa Valley property, please be wise and email him at  Curtis@NapaValleyAddress.com  Curtis is ready to put his Napa Valley real estate knowledge to work for you today!

Aug 31, 2012 03:46 AM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

John

Thanks for stopping by and the kind words. cheers cvc

Aug 31, 2012 04:53 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Curtis - Another excellent local real estate market report for the Napa Valley area.  For all of your Napa Valley real estate needs, buying or selling call Curtis Van Carter and put his years of real estate experience to work for you today!

Aug 31, 2012 06:26 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Hi Curtis,

My Friend John whose comment is first is very on the money with his comment. Curtis is the man for real estate in the whole Napa Valley area and probably beyond. Call or E-mail him if you are seeking Real Estate assistance.

Aug 31, 2012 06:36 AM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Laura & Bob

Thank you for all the support and kind words, cheers cvc

Sep 01, 2012 03:23 AM