Napa County and San Francisco Bay Area March 2012 home sales

For Napa County, March 2012 homes sales were the same as March 2011, 136 homes sold but up from February’s 104. This is the highest number since March of  2004 when 171 sold. Here are the numbers for Napa County for the last 9 years.

Month Year                     # Sold                        Average Price              Median Price           Days on Market

For the San Francisco Bay Area March 2012 home sales reached their highest level in five years. March buyers purchased 7,694 houses and condos in the nine-county Bay Area, according to DataQuick, a San Diego-based real estate information service. That was up 9 % from a year earlier and the highest number sold for the month since 8,317 homes in March 2007.

The median price paid for all sales climbed 10 % from February to $358,000, but was down nearly 1 % from a year earlier. The median has declined on a year-over-year basis every month since October 2010, though last month’s decline was the smallest for that period.

The low point of the current real estate cycle was $290,000 in March 2009. The peak was $665,000 in June/July 2007. Around half of the drop in prices resulted from a decline in home values, while the other half reflected a shift in the mix of homes sold.

Foreclosures and short sales made up 44 % of the market last month, down from 48 %  a year earlier. In Napa County foreclosure and short sales accounted for 73 of the 136 sold, a 53.7 %. Absentee buyers – mostly investors – in March purchased 24 % the homes sold, down from nearly 26 % in February.

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

According to DataQuick, Bay Area home sales picked up in September from the same month a year prior but prices were down.

Sales were up 6.6% from the same month a year ago. As is typical, sales fell from August to September, down 10.2%, to total 6,749 homes sold last month. The median price for the region fell 7.6% from the same month a year prior and was down 1.4% from August, hitting $365,000.The median is the point at which half the homes in the region sold for more and half for less.

Foreclosures and other so-called distressed properties remain a big part of the market. Foreclosures accounted for 25.6% of the resale market last month, down from a revised 25.7% in August and 27.5% in September 2010. Short sales -– when the home is sold for less than the outstanding debt on the property -– made up 20.1% of the Bay Area market last month. That was up from 18.2% of August and 15.4% in September 2010.

Napa County’s faired a little worse than the Bay Area average for sales volumn: Sept 2010 was 118, Sept 2011 was 124, an 5.1% increase; and a little better than the average for median price Sept 2010 was $337,000

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.

My website & blog: www.NapaValleyAddress.com

March 17, 2011 |  9:53 am

Here are some interesting statistics from DataQuick Information Systems for Napa County and Bay Area real estate sales I read in an article in the Napa Register “Bay Area housing market in neutral; investors, cash buyers active“:

• Napa County medium price rose 1.3% from February 2010 to $324,000
• Only 243 new houses sold in the entire Bay Area, lowest ever in DataQuick’s records
• Foreclosures on homes sales for 32.6% for the Bay Area
• Short Sales homes accounted for 20.3% for the Bay Area
• Investor homes sales were 23.4% for the Bay Area
• Cash buyers bought 30.9% of all home sold in the Bay Area
• Bay Area medium price was $337,250 which peaked at $665,000 in June/July 2007
• Bay Area typical monthly mortgage payment  was $1,440

Stats for last 7 days

new listing 3, price reduced 1, sale pending 1,  sold 0

Median prices, average days on market

current for sale           33 med price $849,000; avg days on market 173

current sale pendings  2  med price $625,500; avg days on market 43

sold in last 6 months   10 med price $677,000; avg days on market 228

New Listings

We're sorry, but we couldn't find MLS # 21026131 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

We're sorry, but we couldn't find MLS # 21026239 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

We're sorry, but we couldn't find MLS # 21025789 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Price Reductions

We're sorry, but we couldn't find MLS # 21016753 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Sale Pendings

We're sorry, but we couldn't find MLS # 21024959 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Solds none

STATS FOR LAST 7 DAYS

new listing 1, price reduced 3, sale pending 0,  sold 1

new listing         1866 Oak Cir, $789,000, 3 br 2 ba, 1,666 sf

price reduced  5 Tallent Ln, $749,000, 3 br 3 ba, 2,222 sf

1 Grant Ln, $779,000, 3 br 2 ba, 1,754 sf

n/a, $1,700,000, 3 br 3 ba, 2,198 sf

new pending

new sold             6464 Washington St, $1,140,000, 5 br 3 ba, 3,130 sf

median prices, average days on market

current for sale             32 med price $907,000; avg days on market 178

current sale pendings  2  med price $570,500; avg days on market 196

sold in last 6 months   11 med price $689,000; avg days on market 215

Facts, numbers, SF from BAREIS and/or Napa County tax records,  accuracy is not guaranteed

STATS FOR LAST 7 DAYS

new listing 5, price reduced 5, sale pending 1, sold 4

new listing       562 Community Hall Ln, $465,000, 1 br 2 ba, 1,000 sf

15 Christine Ct, $695,000, 3 br 2 ba, 1,893 sf

765 Hunt Ave, $995,000, 3 br 3 ba, 1,683 sf

n/a, $1,685,000, 3 br 3 ba, 2,381 sf

1475 Inglewood Ave, $2,950,000, 4 br 4 ba, 3,790 sf

price reduced n/a, $439,000, 1 br 1 ba, 1,309 sf

n/a, $749,000, 4 br 3 ba, 1,873 sf

n/a, $870,000, 3 br 3 ba, 2,085 sf

808 Zinfandel Ln, $2,295,000, 4 br 4 ba, 2,702 sf

n/a, $7,900,000, 5 br 6 ba, 6,345 sf

new pending    1459 Whitehall Ln, $1,795,000, 4 br 4 ba, 3,559 sf

new sold            1093 Mariposa Ln, $460,000, 3 br 2 ba, 1,316 sf

1837 Spring Mtn Ct, $535,000, 3 br 2 ba, 1,384 sf

1350 Andrea Ave, $675,000, 2 br 1 ba, 1,376 sf

1800 Adams St, $1,906,250, 3 br 3 ba, 2,931 sf

median prices, average days on market

current for sale              99 med price $1,685,000; avg days on market 158

current sale pendings   6 med price  $947,000; avg days on market 126

sold in last 6 months   39 med price  $800,000; avg days on market 124

STATS FOR LAST 7 DAYS

new listing 2, price reduced 4, sale pending 1,  sold 3

new listing         1413 Earl St, $359,000, 2 br 1 ba, 940 sf

n/a , $2,50,000, 2 br 2 ba, 2,200 sf

price reduced  1624 Oak St, $425,000, 3 br 2 ba, 1,300 sf

3485 Old Lawley Toll Rd, $995,000, 4 br 4 ba, 3,189 sf

207 High St, $1,290,000, 4 br 2 ba, 1,884 sf

3120 Old Lawley Toll Rd, $3,750,000, 3 br 3 ba, 2,912 sf

new pending     580 Lommel Rd, $415,000, 2 br 2 ba, 2,500 sf

new sold             226 High St, $965,000, 2 br 2 ba, 2,250 sf

1801 Greenwood Ave, $2,225,000, 3 br 3 ba, 2.824 sf

1411 Diamond Mtn Rd, $4,425,000, 5 br 7 ba, 7,100 sf

median prices, average days on market

current for sale               67 med price $1,099,000; avg days on market 188

current sale pendings    5 med price $359,000; avg days on market 161

sold in last 6 months    33 med price $639,000; avg days on market 208

STATS FOR LAST 7 DAYS

new listing 0, price reduced 1, sale pending 0,  sold 0

new listing

price reduced  204 Vista Ct, $599,950, 2 br 2 ba, 1,154 sf

new pending     16 Ivy Ct, $679,000, 2 br 2 ba, 1,150

new sold

median prices, average days on market

current for sale             32 med price $907,000; avg days on market 176

current sale pendings   2  med price $570,500; avg days on market 189

sold in last 6 months   10 med price $677,000; avg days on market 210

Facts, numbers, SF from BAREIS and/or Napa County tax records,  accuracy is not guaranteed

median prices, average days on market

current for sale              96 med price $1,662,500; avg days on market 157

current sale pendings  13 med price  $995,000; avg days on market 177

sold in last 6 months   33 med price  $899,000; avg days on market 126

STATS FOR LAST 7 DAYS

new listing 1, price reduced 4, sale pending 1, sold 2

new listing       n/a, $2,200,000, 2 br 2 ba, 3,268 sf

price reduced 1381 St James Dr, $615,000, 3 br 2 ba, 1,271 sf

1650 Kearney St, $715,000, 3 br 2 ba, 1,185 sf

1611 Adams St, $2,995,000, 3 br 5 ba, 3,500 sf

989 Greenfield Rd, $5,995,000, 2 br 3 ba, 2,528 sf

new pending    1451 Wallis Ct, $499,000, 2 br 2 ba, 1,271 sf

new sold            200 Pratt Ave, $565,000, 2 br 2 ba, 1,348 sf

2825 St Helena Hwy, $3,795,000, 5 br 3 ba, 4,074 sf

median prices, average days on market

current for sale              94 med price $1,702,500; avg days on market 155

current sale pendings  11 med price  $995,000; avg days on market 193

sold in last 6 months   35 med price  $899,000; avg days on market 123