Napa Valley
REAL ESTATE REFERRAL SERVICES
In February 2022, Napa home prices were up 4.4% compared to last year, selling for a median price of $840K. On average, homes in Napa sell after 29 days on the market compared to 36 days last year. There were 61 homes sold in February this year, down from 76 last year. Some homes get multiple offers, with the average home selling for about 2% above list price and pending in around 38 days. Hot homes can sell for about 7% above list price and go pending in around 20 days. Homes sold above list price: 60.7%. Homes with price drops: 7.4% Sale-to-list price: 103%.
Napa County Residential Sales 2016-2021
| YEAR | Total Sales | Median Sale $ | Median $/SF | Distressed Sales | Days on Market | Total $ Volume |
|---|---|---|---|---|---|---|
| 2016 | 994 | $575,000 | $352 | 37 | 71 | $750,010,896 |
| 2017 | 973 | $650,000 | $391 | 11 | 73 | $808,536,296 |
| 2018 | 973 | $650,000 | $391 | 11 | 73 | $808,536,296 |
| 2019 | 937 | $696,000 | $419 | 14 | 60 | $871,665,831 |
| 2020 | 927 | $707,500 | $429 | 8 | 74 | $873,626,682 |
| 2021 | 1188 | $835,000 | $513 | 4 | 49 | $1,344,547,733 |
Sources: Coldwell Banker Brokers of the Valley | Bay Area Real Estate Information Services | Redfin
Regional, State and Luxury Data |
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| BROKERS OF THE VALLEY MONTHLY MARKET REPORT: April, 2022. |
| BROKERS OF THE VALLEY QUARTERLY MARKET REPORT: Napa County First Quarter of 2022. |
| APRIL HOME SALES AND PRICE REPORT: California home sales edge higher in February amid geopolitical tensions and inflation uncertainty, the California Associiation of Realtors reports. |
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