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Bill Moseley's Blog

By Bill Moseley | Broker in Saint Helena, CA
  • Napa Valley Real Estate Values

    Posted Under: General Area in Saint Helena, Market Conditions in Saint Helena, In My Neighborhood in Saint Helena  |  January 20, 2012 10:53 AM  |  269 views  |  No comments
    Property values in the Napa Valley.  What are they and who cares?  Hopefully, I can answer these questions and give you some insight along the way.  I am going to limit my evaluation to the upper part of the valley, specifically St. Helena and Calistoga.

    The first question "What are they"?  The number of sales for St. Helena for 2011 were up 10% while dollars sales were up 20%.  This was skewed by a few December sales that were out of this world.  I don't think it is a trend but something to watch.  On the other hand Calistoga sales for 2011 were down about 8.5% and total sales down 35%.  Whatever the numbers are it is still a "Buyer's Market".

    The second question "Why you should care"?  The answer is simple.  It provides for a tremendous opportunity to get value.  In the past a buyer was always paying a premium to buy into the Napa Valley.  Now there is opportunity to buy a home, investment property, vineyard, winery at a value we haven't seen in years.

    Let me know what you think.
    Bill
 
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