Napa Valley Address

Napa Valley Real Estate | Yountville Real Estate

  • Home
  • Blog
  • Listings
  • About
  • Contact
  • Home
  • About
  • Search ►
  • Yountville
  • Oakville
  • Napa
  • St. Helena
  • Rutherford
  • Calistoga
  • Angwin
  • Pope Valley
You are here: Home / 2010 Statistics / Vacation and Investment Home Percentage Stay Steady for 2010 Compared to 2009

Vacation and Investment Home Percentage Stay Steady for 2010 Compared to 2009

April 8, 2011 by Curtis Van Carter Leave a Comment

According to NAR’s (National Association of Realtors) newly released Survey, the percentage of vacation homes and properties purchased for investment stayed the same for 2010 compared to the same Survey taken for 2009. You can read the full story here:

Vacation- and Investment-Home Shares Hold Even in 2010

Here are some excerpts from the story:

NAR’s 2011 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2010, shows vacation-home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged from 2009.

All-cash purchases have become prevalent in the second-home market in recent years: 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation-home buyers.

With an overall decline in home sales during 2010, the volume of 543,000 vacation-home sales was down 1.8 percent from 553,000 in 2009. Investment purchases fell 7.8 percent to 867,000 in 2010 from 940,000 the previous year. Primary residence sales declined 5.6 percent to 3.81 million from 4.04 million in 2009.

Foreclosure or trustee sales accounted for 17 percent of investment purchases and 11 percent of vacation-home sales in 2010, compared with 5 percent of primary purchases. “Second home buyers purchased more distressed homes at discount than did buyers of primary residences,” Yun said.

The median vacation-home price was $150,000 in 2010, down 11.2 percent from $169,000 in 2009, while the median investment-home price was $94,000, which is 10.5 percent below the $105,000 median in 2009. By contrast, the median primary residence price declined a relatively modest 4.5 percent to $176,700 last year from $185,000 in 2009. 2

The typical vacation-home buyer in 2010 was 49 years old, had a median household income of $99,500 and purchased a property that was a median distance of 375 miles from his or her primary residence; 31 percent of vacation homes were within 100 miles and 41 percent were more than 500 miles.

Share this:

  • Tweet

Related

Filed Under: 2010 Statistics, Curtis Van Carter, RE Current Info Tagged With: 2010 Statistics, Curtis Van Carter, RE Current Info

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.

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Napa Valley Real Estate Search

Area Info

  • ,
  • Calistoga, Ca
  • Napa, CA
  • Oakville, CA
  • Rutherford, CA
  • St. Helena, CA
  • Yountville, CA

Latest Yountville Real Estate

  • $799,000 238 Vista Court
    Yountville, CA
  • $719,000 162 Vineyard Circle
    Yountville, CA
  • $1,295,000 1918 Oak Circle
    Yountville, CA
  • $684,000 6600 Yount Street #10
    Yountville, CA
  • $2,175,000 MLS # 22016903
    Yountville, CA
  • $1,649,000 13 Stags View Lane
    Yountville, CA
  • $2,798,000 1 Harvest Court
    Yountville, CA
  • $2,739,000 6526 Vista Drive
    Yountville, CA
238 Vista Court
Yountville, CA
Photo of 238 Vista Court, Yountville, CA 94599 (MLS # 22002917)
$799,000
Lot Size
1,307 sqft

Home Size
1,154 sqft

Beds
2 Beds

Baths
2 Baths

162 Vineyard Circle
Yountville, CA
Photo of 162 Vineyard Circle, Yountville, CA 94599 (MLS # 22003164)
$719,000
Lot Size
1,307 sqft

Home Size
1,154 sqft

Beds
2 Beds

Baths
2 Baths

1918 Oak Circle
Yountville, CA
Photo of 1918 Oak Circle, Yountville, CA 94599 (MLS # 22004298)
$1,295,000
Lot Size
5,663 sqft

Home Size
1,400 sqft

Beds
3 Beds

Baths
2 Baths

6600 Yount Street #10
Yountville, CA
Photo of 6600 Yount Street #10, Yountville, CA 94599 (MLS # 22011991)
$684,000
Lot Size
436 sqft

Home Size
1,054 sqft

Beds
2 Beds

Baths
1 Bath

MLS # 22016903
Yountville, CA
Photo of Yountville, CA 94599 (MLS # 22016903)
$2,175,000
Lot Size
6,534 sqft

Home Size
1,946 sqft

Beds
2 Beds

Baths
2 Baths

13 Stags View Lane
Yountville, CA
Photo of 13 Stags View Lane, Yountville, CA 94599 (MLS # 22022851)
$1,649,000
Lot Size
7,841 sqft

Home Size
2,176 sqft

Beds
3 Beds

Baths
2 Baths

1 Harvest Court
Yountville, CA
Photo of 1 Harvest Court, Yountville, CA 94599 (MLS # 22023497)
$2,798,000
Lot Size
10,019 sqft

Home Size
3,026 sqft

Beds
4 Beds

Baths
3 Baths

6526 Vista Drive
Yountville, CA
Photo of 6526 Vista Drive, Yountville, CA 94599 (MLS # 22028117)
$2,739,000
Lot Size
7,406 sqft

Home Size
3,100 sqft

Beds
4 Beds

Baths
3 Baths

  • 238 Vista Court
    Yountville, CA
    Photo of 238 Vista Court, Yountville, CA 94599 (MLS # 22002917)
    $799,000
    Lot Size
    1,307 sqft

    Home Size
    1,154 sqft

    Beds
    2 Beds

    Baths
    2 Baths

  • 162 Vineyard Circle
    Yountville, CA
    Photo of 162 Vineyard Circle, Yountville, CA 94599 (MLS # 22003164)
    $719,000
    Lot Size
    1,307 sqft

    Home Size
    1,154 sqft

    Beds
    2 Beds

    Baths
    2 Baths

  • 1918 Oak Circle
    Yountville, CA
    Photo of 1918 Oak Circle, Yountville, CA 94599 (MLS # 22004298)
    $1,295,000
    Lot Size
    5,663 sqft

    Home Size
    1,400 sqft

    Beds
    3 Beds

    Baths
    2 Baths

  • 6600 Yount Street #10
    Yountville, CA
    Photo of 6600 Yount Street #10, Yountville, CA 94599 (MLS # 22011991)
    $684,000
    Lot Size
    436 sqft

    Home Size
    1,054 sqft

    Beds
    2 Beds

    Baths
    1 Bath

  • MLS # 22016903
    Yountville, CA
    Photo of Yountville, CA 94599 (MLS # 22016903)
    $2,175,000
    Lot Size
    6,534 sqft

    Home Size
    1,946 sqft

    Beds
    2 Beds

    Baths
    2 Baths

  • 13 Stags View Lane
    Yountville, CA
    Photo of 13 Stags View Lane, Yountville, CA 94599 (MLS # 22022851)
    $1,649,000
    Lot Size
    7,841 sqft

    Home Size
    2,176 sqft

    Beds
    3 Beds

    Baths
    2 Baths

  • 1 Harvest Court
    Yountville, CA
    Photo of 1 Harvest Court, Yountville, CA 94599 (MLS # 22023497)
    $2,798,000
    Lot Size
    10,019 sqft

    Home Size
    3,026 sqft

    Beds
    4 Beds

    Baths
    3 Baths

  • 6526 Vista Drive
    Yountville, CA
    Photo of 6526 Vista Drive, Yountville, CA 94599 (MLS # 22028117)
    $2,739,000
    Lot Size
    7,406 sqft

    Home Size
    3,100 sqft

    Beds
    4 Beds

    Baths
    3 Baths

Previous Next
 

Napa Valley Info & Links

  • Napa Valley Sold 10/1/20to 12/31/20
  • Napa Valley Photos on Flirkr
  • Napa Valley Videos
  • Yountville Sun Front Pages
  • Yountville A Personal Perspective
  • Detail Neighborhood Info About Yountville
  • Detail Neighborhood Info About St. Helena
  • Detail Neighborhood Info About Calistoga
  • Detail Neighborhood Info About Napa
  • Detail Neighborhood Info About Angwin
  • Detail Neighborhood Info About Oakville

Categories

About…… Curtis Van Carter

Curtis is one of Napa Valley's most experienced and trusted real estate agents.

Follow Curtis

  • Facebook
  • Google+
  • LinkedIn
  • Pinterest
  • RSS
  • Twitter
  • YouTube

Recent Posts

  • Calistoga, Napa Valley, Weekly Real Estate Update January 20, 2021
  • Yountville, Napa Valley, Weekly Real Estate Update January 15, 2021
  • St Helena, Napa Valley Weekly Real Estate Update January 13, 2021
  • Calistoga, Napa Valley, Weekly Real Estate Update January 11, 2021
  • St Helena, Napa Valley Weekly Real Estate Update January 6, 2021

Napa Valley Info & Events

  • Napa Valley Sunday Open Houses
  • Napa Valley Sold 10/1/20 to 12/31/20
  • Upcoming Napa Valley Events
  • Useful Napa Valley Links
  • Napa Valley Photos on Flirkr
  • Napa Valley Videos
  • Yountville Sun Front Pages
  • Yountville A Personal Perspective

Our Services

  • Short Sales
  • Foreclosures
  • Home Listing
  • Buyer's Broker

Contact

Better Homes & Gardens
Wine Country Group
707.944.0421 office
707.815.8584 cell
DRE # 00770113
  • Home
  • Blog
  • About
  • Listings
  • Contact

© 2021 · Napa Valley Address · Built by Varick Design