In May 2023, Napa County's real estate market experienced a decline compared to the same month in 2022. Sold listings decreased by 22%, and the average sold price dropped by 31%. The average days on market increased by 9%, and the selling price per square foot saw a 21% decrease. These trends extended to the luxury segment, with a 31% drop in million-plus property sales. While specific cities like Napa and Yountville faced significant decreases in average sold prices, St. Helena saw an increase in sold listings.
If you're considering buying or selling a property in Napa County, now is an opportune time to connect with one of our experienced associates. They can provide you with personalized insights and guide you through the current market conditions. Don't miss out on valuable opportunities—reach out to us today to discuss your real estate goals and make informed decisions.
