Napa Valley Market Trends

Year End 2001
 Statistical Real Estate Market Report
Napa County, California


     The information obtained from Bareis-MLS covering Napa County for the year 2001 has produced some very interesting and even surprising statistical results.  The buying frenzy of the past few years has subsided.  But, relatively speaking, the rate of sales continues at a robust pace and the prices of homes in the under-$600,000 range continues to rise at record levels throughout the county. 

Both average sales prices and median sales prices rose in most every Napa Valley community, and in some cases the increase was dramatic. But the time on market lengthened, and the total number of homes sold dropped.  "Market-point" pricing and effective marketing for properties is increasingly critical to capture the attention of the more choosy home buyers in this market. Here are the numbers:

  Total County Napa Calistoga St. Helena
Year Units Sold Average
Sales Price
Units Sold Average
Sales Price
Units Sold Average
Sales Price
Units Sold Average
Sales Price
2001 1380 $434,538 987 $394,250 71 $612,569 101 $879,178
2000 1688 $385,637 1151 $351,742 85 $504,246 139 $839,955
Year Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
2001 96 $319,000 92 $315,000 106 $374,750 112 $600,000
2000 53 $275,000 49 $280,000 74 $375,000 55 $585,000

 

  Berryessa American Canyon Yountville Angwin
Year Units Sold Average
Sales Price
Units Sold Average
Sales Price
Units Sold Average
Sales Price
Units Sold Average
Sales Price
2001 16 $253,368 124 $248,648 29 $507,380 17 $732,000
2000 24 $158,591 182 $158,794 48 $457,478 29 $557,241
Year Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
2001 103 $227,450 98 $248,648 91 $465,000 159 $600,000
2000 94 $165,000 45 $185,000 56 $320,000 92 $299,000

 

  Oakville Rutherford Pope Valley Circle Oaks
Year Units Sold Average
Sales Price
Units Sold Average
Sales Price
Units Sold Average
Sales Price
Units Sold Average
Sales Price
2001 3 $2,558,333 0 0 15 $193,900 15 $336,093
2000 1 $1,300,000 3 $2,631,667 17 $226,612 8 $259,688
Year Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
Average
Days On
Market
Median Sales
 Price
2001 162 $675,000 0 0 116 $165,000 84 $359,000
2000 185 N/A 27 $3,370,000 112 $131,000 83 $249,000

Source:  BAREIS MLS, Information herein believed reliable but not guaranteed.  This data represents residential property.

 

Copyright 2002, Coldwell Banker Brokers of the Valley

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