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Home Values in St. Helena

2010 home values in St. Helena have made some drastic improvements over 2009.  The number of property sales have increased 25%, while no where near peak, it is a sign that buyers are returning.  For the sellers there are two indicators of a reviving market; average sales price increased by 14.8% and number of days on the market has decreased by 29%.
A lot of opportunity presents itself for 2011.
  • March 16 2011 - Saint Helena
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Answers (5)

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The first Quarter of sales for 2011 showed an increase in the number of sales while the total dollars went down.  What does this mean?  My take is that lower priced homes sold for the quarter and the higher priced properties wayned a bite.  Sounds like an opportunity for buyers to take advantage of the situation.  Contact a buyer's agent to find out the true value of a property in the area.
  • May 03 2011
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The second quarter is in the books and it shows a 300% increase in the total dollars of sold properties over the previous quarter.  The number of sales are up and the average selling price was $1,239,088.  The only thing that confuses me is that the Days on the Market (DOM) are up as well.  I think there were some people holding back to see where the economy was going and finally decided to make a purchase before the market started up again.  St. Helena is a very desirable place to live.
  • July 11 2011
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Third quarter, July thru September 2011, saw the number of sales and total sales dollars down from previous quarter but in line with 2010's numbers.  The average sales price was up by $90,000 which means property values are holding.  With the economy fluctuating it is nice to see some stability in the real estate market.  Property inventories are high and it is still very much a buyer's market.
  • October 14 2011
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2011 number of sales in St. Helena were up 10% while the total dollar sales were up 25%.  Seems like a lot but was due to a few mega-sales at end of year.  We will see what the new quarter provides.  There is still tremendous opportunity to buy homes at a fair price.  Sellers are looking for a quick sale.  The average number of days a house was on the market last year was 175.  Way to long.
  • January 20 2012
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Second quarter home sales in St. Helena were up with the average sales price going to over $1.1 million.  Looking at it more carefully shows that the more expensive homes were selling.  St. Helena is the heart of the Napa Valley so it is no wonder that home values are going to rise.
  • August 15 2012
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