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Napa Valley and California Real Estate Fast Facts February 22, 2012

by Curtis Van Carter on February 22, 2012

Napa Valley and California Real Estate Fast Facts

Napa County Residential Properties including condos/townhomes (Source: BAREIS)

  • Listed for sale (462): lowest $82,900, highest $29,500,000, average price $1,244,474, median price $599,000, DOM 162
  • Contingent sale pending (269): lowest $69,900, highest $4,750,000, average price $433,545, median price $339,900, DOM 148
  • Sale pending (114): lowest $79,500, highest $5,900,000, average price $387,361, median price $273,200, DOM 77
  • Sold last 6 months (676):  lowest $60,000, highest $9,000,000, average price $502,265, median price $333,155 DOM 119

Calif. median home price: December 2011: $285,920 (Source: C.A.R.)
Calif. highest median home price by region/county December  2011: Marin: $693,880 (Source: C.A.R.)
Calif. lowest median home price by region/county December 2011: Madera: $106,000 (Source: C.A.R.)

Calif. Pending Home Sales Index: December 2011: 91.6, an increase from the revised 82.5 recorded in December 2010

Calif. Traditional Housing Affordability Index: Fourth quarter 2011: 55 percent (Source: C.A.R.)

Mortgage rates: Week ending 2/9/2012 30-yr. fixed: 3.87% fees/points: 0.8% 15-yr. fixed: 3.16 fees/points: 0.7% 1-yr. adjustable: 2.78% Fees/points: 0.6% (Source: Freddie Mac)

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 Napa Valley Broker Extraordinaire, selling Real Estate here from its heart, Yountville

My website & blog: www.NapaValleyAddress.com

This is Curtis and would like to hear what you think.

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