Remember from my July 18th post “Napa Valley Real Estate, a Tale of Two Times Two Markets“ was the number of distressed sales (in foreclosure, a short sale or a bank owned property, REO) increasing for homes priced $800,000 to $2,000,000, especially up valley. By up valley I mean the Cities of St. Helena, Calistoga, Angwin, Deer Park, Oakville, Rutherford and the Town of Yountville. Today, there are 3 distressed sales of 89 active listings in this price range, compared to 2 of 110 on July18th and 3 of 100 for the last two months. Keep tuning in for this as a new monthly stat I will regularly tract from now own. Next look December 1st.
Continued Tracking of Napa Valley Distressed Properties in the $800,000 to $2M Range, now 3 of 89
This is Curtis and would like to hear what you think.
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