February 2024
Copyright by KW Advisors 2024
Bay Area Market Reports Napa County Jump to Napa Report
Solano Jump to Solano Report
Sonoma Jump to Sonoma Report
Southern/Central Marin Jump to Marin Report
RE Mortgage Advisors Jump to Mortgage Info
American Home Shield Jump to Home Warranty Info
Home Concierge Jump to Home Renovation Info
Vendor Directory Jump to Vendor Info
What’s your home really worth in today’s market? That's the question you should be asking yourself. Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home. So, do you know what your home is worth in today's market?
I can help... Contact me for a confidential, no obligation assessment of your home's value.
Why Having Your Own Agent Matters When Buying a New Construction Home
Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you. But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your own agent helps make sure you have proper representation throughout your homebuying journey. As Realtor.com says: “Keep in mind that the on-site agent you meet at a new-construction office works for the builder. So, as the homebuyer, it’s a smart idea to bring in your own agent, as well, to help you negotiate and stay protected in the transaction.” Here’s how having your own agent is key when you build or buy a new construction home.
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The Customer-Centric Mortgage Get instant pre-approval and FAST closing -plus a dedicated loan advisor -- for the ultimate mortgage journey.
A Dedicated Loan Advisor... Your Personal "Easy" button Enjoy our silky smooth platform, along with passionate, live support from your dedicated Finance Manager. Mortgage expertise at every step!
Our Fast Digital Loan Process... Get Pre-Approved Online In Minutes without affecting your credit score! Get Fast Loan Pre-Approval Get pre-approved online in minutes! Your personal Finance Manager is there to help! Find A Great Rate Quickly Your Finance Manager sources a vast array of wholesale & retail lenders for your best rate. Stop Worrying Your Finance Manager does the heavy lifting. So you get to funding quickly & easily.
You work hard for your money. Let our financial tools work hard for you. We gather the largest array of wholesale & retail lenders to compete for your loan! So you get the lowest rate while we do the work.
Buying a home should be painless. Find your financing right here! Contact me, your Real Estate Expert, for support and to learn more about REMA.
CLICK HERE TO LEARN MORE
WHAT ARE PREPAID COSTS WHEN BUYING A HOME?
Embarking on the journey of homeownership brings both excitement and unexpected costs. Closing fees, down payments, and more can catch you off guard. American Home Shield is here to break down the upfront expenses and help you navigate the homebuying process confidently.
What are prepaid costs when buying a home? Unraveling the mystery of prepaid costs in home buying! These serve as a safety net for lenders, covering taxes, interest, and insurance. Here's a breakdown:
1 2
3
4
Prepaid interest on a mortgage: Pay interest from closing to month-end. Opt for a month-end closing to minimize this cost.
Prepaid property taxes at closing: Sellers settle their owed taxes at closing, and you prepay from your escrow account.
Prepaid homeowners insurance at closing: Cover one year in advance, ensuring your lender that potential damages will be addressed.
Initial escrow payment at closing: Acts as a deposit (earnest money) for future insurance or tax payments, showing commitment to the purchase.
While it might seem complex, prepaid costs are expenses you'd pay anyhow. They ease the burden on buyers by handling crucial payments, streamlining the process and leaving you with fewer tasks on your homeowner checklist
READY TO GET STARTED? Contact me, your Real Estate Expert, for support and to learn more about AHS. CLICK HERE TO LEARN MORE
Looking to lighten the mood in your laundry room?
EIGHT EYECATCHING Laundry Room Colors To Look Out For
These refreshing colors make the wash-and-dry chore a little more pleasant.
Eight Colrs fo Laundry Tranquil Blue View it here
Sage Green View it here
Create a tranquil laundry space with Benjamin Moore's Beach Glass. Its light blue
shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.
Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a low-
commitment update—easy to change and customize, ensuring lasting satisfaction with your design choice.
White
Create an elegant laundry room with Chantilly Lace by Benjamin Moore. The classic
Yellow
Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn
View it here
View it here
Gray
View it here
Dusty Pink View it here
Navy Blue View it here
Purple
View it here
white choice adds sophistication, opens up the space, and simplifies stain detection.
or Upbeat bring warmth and optimism, while Pearly White offers a mellow option—a yellow-based white that brings a perfect harmony of vibrancy and calmness.
Gray remains a top choice for laundry room walls, providing a timeless and serene
backdrop. A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.
Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere.
Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with
lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.
Dare to take a style risk in your laundry room with a pop of color. Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam
with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.
Want to know how Home Concierge can help with your listing? Contact me today! CLICK HERE TO LEARN MORE
Source : https://www.familyhandyman.com/list/laundry-room-colors/
VENDOR DIRECTORY When it comes to homeownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.
CLICK HERE for your mortgage needs
CLICK HERE for your home warranty needs
CLICK HERE for your home renovation needss
CLICK HERE for your insurance needs
Napa County What's in the Napa County data? There were 168 single-family homes for sale, providing 2.5 months of inventory. There were 46 new listings, and 37 homes sold at a median price of $999k. The median overbid percentage was at 99%, with an average of 111 days on the market. There were 22 condo and townhome units for sale, providing 2.3 months of inventory. There were 9 new listings and 7 units sold at a median sale price of $617k. The median overbid percentage was at 99%, with an average of 67 days on the market.
SFH
Single-Family Homes
46
37
New Listings
Sold Listings
2.5
$999K
Months of Inventory
Median Sale Price
99%
111
Median Sale vs List
Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
9
7
New Listings
Sold Listings
2.3
$617K
Months of Inventory
Median Sale Price
99%
67
Median Sale vs List
Avg Days on Market
Napa JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
400
300
200
100
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 50
40
30
20
10
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$1,200,000 $1,000,000 $800,000
Single-Family Homes The median sales price has increased from $825k last January 2023, to $999k as of January 2024.
$600,000 $400,000 $200,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $500k last January 2023, to $617k as of January 2024.
AVG Days On the Market
120 100 80
Single-Family Homes The average time spent on the market went up from 76 days last January 2023, to 111 days as of January 2024.
60 40 20
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
Ja n
The overbid percentage has increased from 98.1% last January 2023, to 99% a year later.
60%
M ar 20 23
Condos & Townhomes
80%
20 23
The overbid percentage has increased from 98.3% last January 2023, to 99.1% a year later.
100%
Fe b
Single-Family Homes
The average time spent on the market went up from 61 days in January 2023, to 67 days as of January 2024.
120%
20 23
Overbids
Au g
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Solano County What's in the Solano County data? There were 388 single-family homes for sale, providing 1.3 months of inventory. There were 235 new listings, and 199 homes sold at a median price of $575k. The median overbid percentage was at 100%, with an average of 53 days on the market. There were 45 condo and townhome units for sale, providing 1.7 months of inventory. There were 33 new listings and 27 units sold at a median sale price of $335k. The median overbid percentage was at 100%, with an average of 66 days on the market.
SFH
Single-Family Homes
235
199
New Listings
Sold Listings
1.3
$575K
Months of Inventory
Median Sale Price
100%
53
Median Sale vs List
Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
33
27
New Listings
Sold Listings
1.7
$335K
Months of Inventory
Median Sale Price
100%
66
Median Sale vs List
Avg Days on Market
Solano JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
700 600 500 400 300 200 100 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 80
60
40
20
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$700,000 $600,000 $500,000
Single-Family Homes
$400,000
The median sales price has decreased from $579k last January 2023, to $575k as of January 2024.
$300,000 $200,000 $100,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $395k last January 2023, to $335k as of January 2024.
AVG Days On the Market
70 60 50
Single-Family Homes
40
The average time spent on the market went down from 68 days last January 2023, to 53 days as of January 2024.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 97.6% last January 2023, to 100% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 99.4% last January 2023, to 100% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 53 days in January 2023, to 66 days as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Sonoma County What's in the Sonoma data? There were 395 single-family homes for sale, providing 1.4 months of inventory. There were 149 new listings, and 174 homes sold at a median price of $830k. The median overbid percentage was at 99%, with an average of 69 days on the market. There were 49 condo and townhome units for sale, providing 1.3 months of inventory. There were 22 new listings and 22 units sold at a median sale price of $460k. The median overbid percentage was at 100%, with an average of 51 days on the market.
SFH
Single-Family Homes
149
174
New Listings
Sold Listings
1.4
$830K
Months of Inventory
Median Sale Price
99%
69
Median Sale vs List
Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
22
22
New Listings
Sold Listings
1.3
$460K
Months of Inventory
Median Sale Price
100%
51
Median Sale vs List
Avg Days on Market
Sonoma JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
1,200 1,000 800 600 400 200 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 100
80
60
40
20
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$1,000,000
$800,000
Single-Family Homes
$600,000
The median sales price has increased from $769k last January 2023, to $830k as of January 2024.
$400,000
$200,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $435k last January 2023, to $460k as of January 2024.
AVG Days On the Market
70 60 50
Single-Family Homes
40
The average time spent on the market went up from 66 days last January 2023, to 69 days as of January 2024.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 98% last January 2023, to 100% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has remained the same from 99% last January 2023, to 99% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 46 days in January 2023, to 51 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Southern/ Central Marin What's in the Marin data? There were 109 single-family homes for sale, providing 0.8 months of inventory. There were 58 new listings, and 65 homes sold at a median price of $1.5m. The median overbid percentage was at 98.9%, with an average of 70 days on the market. There were 91 condo and townhome units for sale, providing 1.9 months of inventory. There were 42 new listings and 29 units sold at a median sale price of $872k. The median overbid percentage was at 99%, with an average of 70 days on the market.
SFH
Single-Family Homes
58
65
New Listings
Sold Listings
0.8
$1.5M
Months of Inventory
Median Sale Price
98.9%
70
Median Sale vs List
Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
42
29
New Listings
Sold Listings
1.9
$872K
Months of Inventory
Median Sale Price
99%
70
Median Sale vs List
Avg Days on Market
S/C Marin JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
500
400
300
200
100
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023
Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023
Jan 2024
Single-Family Homes Last 12 months, year-over-year. 200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$2,000,000
$1,500,000
Single-Family Homes The median sales price has decreased from $1.6m last January 2023, to $1.5m as of January 2024.
$1,000,000
$500,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
Ap r2 02 3 M ay 20 23 Ju n 20 23
M ar 20 23
Fe b
20 23
20 23
$0
Ja n
The median sales price has increased from $800k last January 2023, to $872k as of January 2024.
AVG Days On the Market
70 60 50
Single-Family Homes
40
The average time spent on the market went up from 61 days last January 2023, to 70 days as of January 2024.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 98.8% last January 2023, to 98.9% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 96.2% last January 2023, to 98.9% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 62 days in January 2023, to 70 days as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Napa Valley 951 California Boulevard, Napa, CA 94559
San Francisco 1624 California Street, San Francisco CA 94109 2207 Lombard Street, San Francisco, CA 94123
Peninsula Estates 1430 Howard Avenue, Burlingame, CA 94010 16 E 3rd Avenue, San Mateo, CA 94401
Palo Alto 505 Hamilton Ave Suite #100, Palo Alto, CA 94301
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