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 6 distressed sales of 74 active listings in this price range with two of these in escrow, compared to 5 of 79 on October 1 st. Three of these distressed sales are REOs and three are short sales. Of the six, only four are in the Napa Valley, one is in Pope Valley and the other is about 10 miles from the Valley floor in the surrounding mountains. Next look December 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
My website & blog www.NapaValleyAddress.com