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)
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