January 1, 2017

NAPA VALLEY INSIDER NEWSFEED 2016 NEWS IN REVIEW

by Latife Hayson

Napa Valley
We had yet another strong year for luxury wine country real estate. The number of $3M plus residential sales went up from 34 to 38 in Napa County, an 11.8% increase. Sonoma County went up from 33 to 40, a 21.2% increase.

However, the stats show that the ‘average sale price’ of residential properties $1,000,000 and up are on the decline in some towns, with an upward trend in others. It should be noted that the reason there was a 242% increase over the past year for Angwin and Deer Park was because there was only 1 sale in 2015 and 7 sales in 2016. Likewise, in Oakville there was only 1 sale in 2014, 1 sale in 2015 and 2 sales in 2016.

To read the full newsletter, click here.

More From The Blog
May
15
Dec
29
Jun
4

Buying or Selling?

Subscribe to our newsletter for the latest listings, industry trends, and wine country news.

Stay Informed

Subscribe to our newsletter for the latest listings, industry trends, and wine country news.

Subscribe Form