The number of home sales in St. Helena rose 19% in the first half of the year. And the median sales price rose from 5,000 to ,204,000. There have been some big sales the first half of the year - 4 properties sold over M. The market is strong with a good balance of buyers and sellers. Buyers still want to negotiate a very good price with slow and deliberate negotiating. And the sellers are having to honor concessions and sometimes a lower price in order to sell. Click on the link for the entire report.
Dear Clients and Friends, School has started, harvest is in full swing and the real estate market is still strong and very active. I have enclosed the Semi-Annual report created by Coldwell Banker comparing the 1st half of 2016 to the 1st half of 2017. Prices and sales have inched up slightly – except in St. Helena because there were a few more high priced sales in 2017 that skewed the averages. I would say that overall in Napa and Sonoma, prices are equal to what they were in 2016. I have included a 10 year