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August 2014 stats update Napa

Sales information for Napa County , CA real estate August 2014

News

  • Napa County: The inventory of homes and condominiums available for sale continued to move ahead for the seventh straight month in Napa County in August. The inventory (450) is 3% higher than it was in August 2013 (437) and also 3% higher than last month (437). New sales (128) were 8% lower than the pace last year (139) and 21% ahead of the pace last month (106). There is a 3.5 months supply of inventory based on the current sales pace. The “Days on Market” for the 88 homes closed in August was 72 days compared to 85 days a year ago. The median price of homes closed in August in Napa County ($503,000) moderated from the $557,000 level last month and was less than 1% ahead of the median price of a year ago ($503,000). The current median price remains 25% below the peak median price for the County ($675,000) recorded in June 2006. Napa County Luxury Homes: Sales of Luxury Homes (sales price in excess of $900,000) in Napa County have increased 21% for the period 9/1/13 to 8/31/14 (246) compared to 9/1/12 to 8/31/13 (203). There were 205 luxury homes in inventory at the end of August 2014 compared to 195 at the end of August 2013. 41% of all of the homes listed for sale in Napa County at the end of August had asking prices in excess of $900,000. There were 24 new Luxury Home sales in August 2014 compared to 14 in August 2013 and 27 last month. There is a 8.5 months supply of available Luxury Homes based on the current sales pace compared to 13.9 months supply last year. The Days on Market for the 18 closings of Luxury Homes in August was 100 days compared to 105 days a year ago. Napa: There were 252 available homes and condominiums in inventory at the end of August in the City of Napa. This is 10% higher than the inventory a year ago (229) and it is 4% above the supply last month (243). Inventory has risen for eight straight months in Napa from a low of 153 homes in December 2013. New sales (87) were 6.5% behind the pace of August 2013 (93) and they were 34% ahead of the pace of last month (65). There is a 2.9 months supply of inventory based on the current sales pace. The “Days on Market” for the 49 homes closed in August in the City of Napa was 60 days compared to 87 days in August 2013. The median price of the homes that closed in Napa in August was $485,000. This is 5% below the median price in August 2013 ($510,000). The median price in August remains 25% below the peak median price in the City of Napa ($650,000) recorded in August 2006. Up Valley: Listings held steady compared to last month in the Up Valley Napa County market (Angwin, Calistoga, Deer Park, Oakville, Rutherford, St. Helena and Yountville). The inventory was 146 homes at the end of August 2014 compared to 148 last month. Inventory was 14% below the level of 170 in August 2013. There were 29 new sales for the month compared to 28 last month and 24 a year ago – so the sales pace remains steady also. With this sales pace there is a five months supply of inventory compared to 7.1 months a year ago. The “Days on Market” for the 28 closings last month was 100 days compared to 89 days in August a year ago and 72 days for the County as a whole. The Up Valley market continues to be a healthy market.

February 2014 - Posts

For Sale in Lucerne
• 4,434 sq. ft., 4 bath, 4 bdrm - MLS $989,000 Lucerne, Lake County - The Lake House, ample room for the whole gang, holidays will be crazy, everyone will be up for the 4th, for sure, summers are the most fun but I love the silver winter water, the Read More...
For Sale in Lake County
• - MLS $22,500 Lake County, California - Buildable level lot with Sewer. Water service line in, no meter. Golden State Water Co Property information Read More...
For Sale in Lower Lake
• - MLS $149,000 Lower Lake, Lake County - 20+ acres with year round pond. Borders BLM on two sides with end of the road privacy. Water tank in at top of property. Current two fifth wheels on property are not part of sale. This property is ready Read More...
For Sale in Lake County
• 1,512 sq. ft., 2 bath, 3 bdrm - MLS $190,000 Lake County, California - Remodeled farmhouse in desirable Finley on almost half an acre! Property information Read More...
For Sale in Clearlake
• 1,496 sq. ft., 2 bath, 2 bdrm - MLS $385,000 Clearlake, Lake County - Approximately 3 acres in all with 150 feet of lakefront, spacious deck over looking lake and lots of interior space for the whole gang!\r\n3 bedrooms and loft, open beamed ceilings, Read More...
For Sale in Hidden Valley Lake
• 1,705 sq. ft., 2 bath, 3 bdrm - MLS $239,900 Hidden Valley Lake, Lake County - Beautiful Home in Hidden Valley with Granite Counter Tops and Pergo floors. 3 CAR GARAGE. Walk-in Closet and small deck with sliding door in Master Bedroom. Walk-in Read More...
For Sale in Lower Lake
• - MLS $1,250,000 Lower Lake, Lake County - This listing includes 54 parcels for a total of 130 acres. This undeveloped subdivision has mapped roads and some roads already cut in. The property is roughly two hours out of Lower Lake on Cache Creek. Read More...
For Sale in Clearlake Oaks
• 1,152 sq. ft., 2 bath, 2 bdrm - MLS $79,000 Clearlake Oaks, Lake County - Impeccably maintained 2 bedroom, 2 bath home in the Orchard Shores subdivision of Clearlake Oaks. This home has had all termite work completed, a brand new roof, carpets Read More...
For Sale in Clearlake Oaks
• 1,056 sq. ft., 2 bath, 3 bdrm - MLS $75,000 Clearlake Oaks, Lake County - Very nice 3 bedroom, 2 bath home in the Orchard Shores subdivision. Conveniently located across the street from the mailboxes, clubhouse and pool. Large back yard has 2 storage Read More...
For Sale in Kelseyville
• 2,028 sq. ft., 3 bath, 4 bdrm - MLS $260,000 Kelseyville, Lake County - Come to Northslope and experience the phenomenal panoramic views this large corner lot has to offer. Charming slate path entry way against Spanish tile roof. Ceiling to floor Read More...
For Sale in Lucerne
• 2,793 sq. ft., 4 bath, 4 bdrm - MLS $380,000 Lucerne, Lake County - Wonderful Paradise Cove home with personal boat slip in community marina (1 block away) for lake access, swimming pool, 4 bedrooms, 3 baths, 3 car garage, spacious open floor plan, Read More...
For Sale in Lower Lake
• - MLS SALE PENDING $43,850 Lower Lake, Lake County - One Acre!! Engineered Septic System Installed, Carport, Great Views! Power at the paved road. Water accessible! Lots of room to garden and landscape! SELLER WILL CARRY WITH A SUBSTANTIAL DOWN. Read More...
For Sale in Clearlake Oaks
• - MLS $45,000 Clearlake Oaks, Lake County - Large Lakeview lot (10,438 SF) on great Cul De Sac, includes lakefront access lot on Hwy 20, water (inactive meter) and power to lot, wonderful home on lot next door for sale as well, seller would like Read More...
For Sale in Clearlake Oaks
• 1,244 sq. ft., 2 bath, 2 bdrm - MLS $260,000 Clearlake Oaks, Lake County - Wow! What a view, is what you will be saying when you arrive at this private hillside retreat, wrap around decks assure spectacular views of Clearlake and Mt Konocti, big Read More...