Monthly Market Update - September 2016
Monthly Market Update
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Monthly Market Update for Napa County
for the month of September 2016

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Napa County Monthly Market Update

Hi there!

Dallas Lehman here with Lehman Properties with your monthly Napa County Housing Update.

The number of active listings in September this year was 370, down 11% from last year and 2% from last month. The median listing price stayed stable year over year, at approximately $949,000 in September 2016 and September 2015.

Home sales increased 11% from last month, based on the number of units sold in September, but is only a minor 2% decrease year over year. The median sale price increased to $650,000 from $620,000 last year, and is up from $625,000 in August.

If you have been tracking the market with us for the last few months, you will notice it has been fluctuating up and down. It is always important for us to look at the big picture when analyzing current Real Estate markets. 
With interest rates continuing to remain low, and growth in property values year over year, there are costs and benefits for both sellers and buyers to weigh in a market like this.

I hope you have found this information useful. If you have any questions, or would like a free consultation to find out what your options are, please call or text me at 707-549-6919 or email me anytime at dallas@lehmanpropertiesnapa.com.

Have an amazing day and I will see you next month with October's Housing Update!

Sincerely,
Your Realtor,
Dallas Lehman
Lehman Properties
www.lehmanpropertiesnapa.com
BRE#01871069

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