Glen Ellen, Calif. (PRWEB) May 24, 2022 Elizabeth Olcott and Associates, powered by PLACE and affiliated with Keller Williams Napa Valley, has announced a
Despite a global pandemic that stressed the economy, Napa Countyâs housing market closed out 2020 on a high note, recording solid sales and a 13% increase in sold prices, two real estate data sources reported.
The number of Napa County homes sold in 2020 rose 9% compared to 2019, reported Bay Area Real Estate Information Services or BAREIS.
As of December, the median sold price of a Napa County home reached $780,000. One year before, the median sold price was $690,000, BAREIS reported. Thatâs a 13% increase.
âItâs good news for the economy and very good news for Napa,â said Ted Stumpf, the 2020 North Bay Association of Realtors Napa chapter lead.