This is the continued tracking, started in July 2009, of the number of distressed sales (in foreclosure, a short sale or a bank owned property) for homes priced from $800,000 to $2,000,000 in the up valley region of the Napa Valley. By up valley I mean the Cities of St. Helena, Calistoga, Angwin, Deer Park, Oakville, Rutherford and the Town of Yountville and only those listed in BAREIS, my MLS. Today there are 3 distressed sales of 78 active listings in this price range with 3 of these are in escrow, compared to 3 of 78 on June 1 st. All of these 3 distressed sales are available and are country properties, 2 are in Pope Valley and the third is about 5 miles north of Calistoga on the way to Middletown.
The decrease in distressed properties for sale remains the same but the number the overall properties for sale here continuies to slowly decrease. This is true for all homes for sale here in the Napa Valley. Keep tuning in, next look August 1st.
Thank you for reading this post. If I can ever be of help in finding you the perfect property here in the Napa Valley, please email me at Curtis@NapaValleyAddress.com.
Your Broker Extraordinaire, selling Napa Valley Real Estate from its heart, Yountville.