Continued Tracking of Napa Valley Distressed Properties in the $800,000 to $2M Range, now 3 of 96

Remember from my July 18th post “Napa Valley Real Estate, a Tale of Two Times Two Markets” was the number of distressed sales (in forclosure, 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 96 active listings in this price range, compared to 2 of 110 on July18th. Keep tuning in for this as a new monthly stat I will regularly tract from now own. I will do the next one October 1st and then the first of each month thereafter.