Jeffrey Gibson, Managing Broker of Wine Country and San Francisco brokerages invites you to review Sotheby’s International Realty’s quarterly residential Wine Country Real Estate Market Update. In the third quarter of 2014 (Q3 2014), the Wine Country Real Estate market remained strong according to the Bay Area Real Estate Information Service (BAREIS).
When comparing the third quarter year-over-year in 2013 and 2014, the average sales price for a single family home increased in most areas throughout the Wine Country, especially in St. Helena where it climbed 33% and in Sonoma Valley where it rose 11%. Despite a severe earthquake in the Napa Valley on August 24, 2014, the average sales price there also saw a 13% increase in Q3 2014. Keep in mind that the data does not include off market sales. Click Here to Read Market Update.
In addition to this report, I pulled the quarterly market stats for properties starting at $1,000,000 showing changes between Q3 2014, Q2 2014 and Q3 2013. The reports include quarterly stats dating back 6 years and were generated from the Multiple Listing Service. They do not include quiet or confidential sales.
If you would like to review these reports please click on the towns below to be taken to the data.
q3 2014 market update