Monday, July 5, 2010

Napa Homes for Sale: Get the Facts


Napa Homes for Sale: Get the Facts


Overview

Before looking for homes for sale in Napa, get the facts that will help you make a good decision. The valley is a great place to visit but it may not where you want to live. It's known for it's wine industry but also has other attractions. There are many famous restaurants, and other attractions for a wide variety of interests. Napa is a fairly small town so it may not be for you if you like the big cities.
However since it's only about an hours drive from San Francisco, you aren't too far from a major metro area.

Napa's Real Estate Market

Napa is a slow growth area. this tends to keep prices higher than other parts of the state because so much of the land is reserved for agriculture. Home home prices usually increase faster than other parts of California when prices are rising and don't fall as quickly during slower markets.

How many Napa Homes for Sale Are There?

In July of 2010, there were 550 homes for sale. The median price was $596,000. However 3bd, 2 bath homes begin around $200,000 with newly remodeled selling for $300,000. Prices tend to be higher in the north end of the Napa Valley and lower in the city of Napa and southward. It's recommended that you use a local real estate agents help you find your Napa dream home. There aren't many properties sold directly by owners in Napa so you will have access to the most houses if you go through an agent will be able to help you. They will also be a valuable resource to help you find the best time for you.

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