Market Updates

Napa County First Quarter Market Report

May 1, 2019

The number of homes for sale in Napa County declined year-over-year, kicking off 2019 with a 24% decrease. Median sales prices dropped and inventory rose. More homes were on the market, but some buyers are still waiting for home prices to go down before purchasing. Both Napa and Sonoma counties had small declines in the overall median sales prices, which are connected to the 2017 wildfires. Furthermore, mortgage rates and stock market volatility created an additional headwind in the overall market.

No Comments

    Leave a Reply