Napa House Hunt: Price Reduced!

2200 Trower Avenue $550,000 4bed/3bath ↓$25,000 1838 Monarch Court $550,000 4bed/2bath ↓$25,000 3102 Hyde Park Place $499,000 3bed/2bath ↓$36,000 3211 Browns Valley Road $499,000 4bed/3bath ↓$38,500 27 Ravenwood Lane $569,000 3bed/2bath ↓$50,000 2984 Applewood Court $499,000 3bed/2bath ↓$86,000

These homes around Napa currently list for significantly less than their original asking prices. 

According to Kelli Marchbanks, a Realtor with , a price reduction signals a motivated seller. She encourages selling clients to take advantage of momentum from a new, lower price with an open house and cautions buyers that a price reduction could generate a bidding war.

Susan Archer, co-owner and Realtor at says that a while a price reduction may signal potential issues with a property, a lowered listing should not deter buyers.

"An owner may find out there are defects or pest issues and they do not want to do the work so they reduce appropriate to the cost," according to Archer.

Link to the above listings by clicking on the addresses, and check out these bargains before they're gone. A review of listings shows that homes with recently lowered prices have sales pending, like 113 Casswall Street and 702 Greenbach Street, both in Napa.