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You are here: Home / California / Napa Valley and California Real Estate Fast Facts April 18, 2012

Napa Valley and California Real Estate Fast Facts April 18, 2012

April 18, 2012 by Curtis Van Carter Leave a Comment

Napa Valley and California Real Estate Fast Facts including short sales and bank owned (REO)

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

  • Listed for sale (458): lowest $49,900, highest $29,500,000, average price $1,401,575, median price $697,500, DOM 161
  • Contingent sale pending (354): lowest $39,900, highest $10,300,000, average price $465,632, median price $329,500, DOM 141
  • Sale pending (102): lowest $79,500, highest $1,200,000, average price $349,608, median price $280,150, DOM 70
  • Sold last 6 months (669):  lowest $62,000, highest $11,000,000, average price $349,608, median price $280,150 DOM 119
  • Total of all categories above: 1,582; 473 are short sales 29.9%; 260 are REO 16.4%; total 733 distressed properties 46.3%

Calif. median home price: February 2012: $266,660 (Source: C.A.R.)
Calif. highest median home price by region/county February 2012: Marin, $732,140 (Source: C.A.R.)
Calif. lowest median home price by region/county February 2012: Tehama, $85,000 (Source: C.A.R.)

Calif. Pending Home Sales Index: February 2012: 127.8, an increase from the revised 102.4 recorded in January.

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

Mortgage rates: Week ending 3/29/2012 30-yr. fixed: 3.99% fees/points: 0.7% 15-yr. fixed: 3.23 fees/points: 0.8% 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

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Filed Under: California, Fast Facts, Napa Valley Tagged With: California, Fast Facts, Napa Valley

Curtis Van Carter, has been one of Napa Valley Real Estate's most knowledgeable and experienced agents. He has been characterized by his clients for his honesty and knowledge to make a home sale or purchase as smooth as possible. If you are interested in selling or listing a home please call or EMAIL Curtis here.

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