March 2024 Market Report - Napa

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Copyright by KW Advisors 2024 March 2024

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Home Shield
Concierge
Home

What’syourhome reallyworthin today’smarket?

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?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

WhatToKnowAboutCredit ScoresBeforeBuyingaHome

If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help determine your mortgage rate. An article from US Bank explains:

“A credit score isn’t the only deciding factor on your mortgage application, but it’s a significant one. So, when you’re house shopping, it’s important to know where your credit stands and how to use it to get the best mortgage rate possible.”

That means your credit score may feel even more important to your homebuying plans right now since mortgage rates are a key factor in affordability. According to the Federal Reserve Bank of New York, the median credit score in the U.S. for those taking out a mortgage is 770. But that doesn’t mean your credit score has to be perfect. The same article from US Bank explains:

READ MORE >

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You work hard for your money.

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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.

a home should be painless. Find your financing right here!
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Buying
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WHAT YOU DON’T EXPECT

You can’t always see a breakdown coming, but you can plan for it with American Home Shield. Our home service plans help fix or replace covered home systems and appliances, and help you stay on budget. Protect what you don’t expect.

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Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Sage Green

View it here

Eight Colrs fo Laundry

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

Navy Blue

View it here

Purple

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 lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn 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.

Source : https://www
familyhandyman com/list/laundry-room-colors/ Want to know how Home Concierge can help with your listing? Contact me today!

VENDOR DIRECTORY

When it comes to home ownership, 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.

HERE
CLICK HERE CLICK
for your mortgage needs for your home warranty needs
CLICK HERE CLICK HERE for your home renovation needss for your insurance needs

Napa County

What's in the Napa data?

There were 183 single-family providing 2.7 months of inve new listings, and 52 homes s of $862k. The median overbi 99 1%, with an average of 73

There were 21 condo and tow sale, providing 2.1 months of were 11 new listings and 6 u sale price of $534k. The med percentage was at 100%, wit days on the market.

59 New Listings

2.7 Months of Inventory

99.1%

Median Sale vs List

52 Sold Listings

$862K

Median Sale Price

73 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from February 2023 to February 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 11 New Listings 2.1 Months of Inventory $534K Median Sale Price 100% Median Sale vs List 49 Avg Days on Market
Sold Listings
6

apa

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 100 200 300 400 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $830k last February 2023, to $862k as of February 2024

Condos & Townhomes

The median sales price has decreased from $775k last February 2023, to $534k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 51 days last February 2023, to 73 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 71 days in February 2023, to 49 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100% last February 2023, to 99 1% a year later

Condos & Townhomes

The overbid percentage has increased from 97.4% last February 2023, to 101.3% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

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March 2024 Market Report - Napa by KW Napa Valley - Issuu