Real Estate
Napa County Homes Selling for More
Despite a slowdown in January, the regional housing market continues to rebound.
Napa County's housing market lost a some of its holiday season robustness in January, though prices continue to outpace those from a year prior, a real estate information service reported.
The median home price rose by more than 14 percent in Napa County from January 2012 to January 2013, DataQuick reported. The median home price for the county last month was $380,000, up from $332,500 in January 2012.
It's expected the median home price in much of Napa County will rise 3 to 5 percent this year, a recent study predicted.
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The number of home sales in Napa County also increased when comparing January 2012 to last month: 108 homes sold in January 2013, up 16 percent from 93 sales a year ago.
A total of 80 homes sold in Napa, one in Yountville, three in Calistoga and six in Saint Helena in January, according to the real estate website Zillow.com. See some of the most recent homes sold here.
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Throughout the nine-county Bay Area tracked by DataQuick, home prices and the volume of sales completed in January were the in six years and the tenth straight year-over-year increase in the median sale price.
The median price paid for a home in the Bay Area was $415,000 in January. That was down 6.3 percent from $442,750 in December, and up 27.3 percent from $326,000 in January a year ago, according to DataQuick.
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