Luxury Homes Wine Country by Kathy Luebcke
Kathy Luebcke
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Napa Readers find Sweet Real Estate Reports

8-21-readerNapa's real estate picture usually differs little from that of the nation as a whole. The latest rumblings from the mass media and web continue to bolster the picture of rising values and quickening activity—a sweet story with nary a sour note. In fact the unanimity of voices from almost every corner of the country is a story in itself. There was just one exception.

Some samplings Napa readers would have found in the past week’s real estate news and opinion—

  • From the Associated Press, we learned that “prices are soaring” in some cities, and that they rose in all 20 cities polled. The pace of existing home sales rose to the “fastest pace since February 2007.”—roughly what might be expected in a healthy housing market. The AP attributed at least some of the reason for the real estate price rises to widespread predictions that the Federal Reserve may start raising short-term interests rates sooner rather than later.
  • From Dan Green’s Mortgage Reports, the home value increase was illustrated in a multi-colored chart, which showed sample cities’ rises at anywhere from 1%-11%—with most clumped between the 4%-6% lines. Freddie Mac was quoted as pegging the average 30-year mortgage rate at below 4%, with VA and FHA mortgage rates even lower. Their opinion was straightforward: “It’s an inexpensive time to finance a home.” Since historically “mortgage rates average nearer to 8:25%,” that opinion is hardly a stretch!
  • Headlines from CoreLogic’s latest Home Price Index Report were “Home Prices Rose by 6.5% Year Over in June 2015” and “HPI Forecast Projects 4.5%” rise for the coming 12 months. CoreLogic’s nationwide real estate numbers are among the most reliable—whereas some of the government numbers sometimes have to admit regular later revisions, it’s not usually the case for them.
  • Surprisingly, town observers would have had to go to the National Association of Realtors® site to find what at first sounded like the only sour note to be heard—yet it, too, had a sweet finish. “Pending Home Sales Dip in June” headed the last week’s news release. You had to read the fine print to learn that the pending sales were 8.2% higher than a year before, and that although they dipped slightly from May’s number, they were still the third highest reading in 2015…and marked the tenth consecutive monthly year-over-year increase!

Strengthening real estate prices have continued to bolster a solid summer selling season. If you are interested in exploring the Napa market as a prospective buyer (or as a seller), the climate continues to be inviting. Good reason to give me a call!


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  1. Photo of 160 Pamela Court, Vallejo, CA 94589 (MLS # 21826996)
    4
    4 beds,  2 full baths
    1,547 sqft   lot 7,405 sqft
    Walk Score® 19
    Listing provided by Michael Nubla, Pacific Coast Realtors
    MLS 21826996
  2. Photo of 911 Marie Avenue, Martinez, CA 94552 (MLS # 21827082)
    20
    4 beds,  2 full, 1 half baths
    2,230 sqft   lot 10,498 sqft
    Walk Score® 31
    Listing provided by Zakary Watson, Realty One Group Complete
    MLS 21827082
  3. Photo of 119 Lomita Avenue, Vacaville, CA 95688 (MLS # 21826944)
    19
    3 beds,  1 full, 1 half baths
    1,332 sqft   lot 5,227 sqft
    Walk Score® 27
    Listing provided by Carlie Moreno, Rapisarda Real Estate
    MLS 21826944
  4. Photo of 136 Kathy Ellen Court, Vallejo, CA 94591 (MLS # 21824077)
    39
    5 beds,  3 full baths
    3,050 sqft   lot 11,269 sqft
    Walk Score® 34
    Listing provided by Deanna Dudley, RE/MAX Gold
    MLS 21824077
  5. Photo of 117 Jordan Street, Vallejo, CA 94591 (MLS # 21827078)
    24
    3 beds,  1 full bath
    1,092 sqft   lot 6,534 sqft
    Walk Score® 14
    Listing provided by Timothy Garton, RE/MAX Gold-Vallejo
    MLS 21827078
  6. Photo of 2199 Tejas Avenue, Napa, CA 94559 (MLS # 21826921)
    11
    3 beds,  1 full bath
    1,050 sqft   lot 13,578 sqft
    Walk Score® 19
    Listing provided by Stefan Jezycki, Pacific Union International
    MLS 21826921
  7. Photo of 748 Santa Alicia Drive, Rohnert Park, CA 94928 (MLS # 21827074)
    16
    2 beds,  1 full bath
    697 sqft   lot 754 sqft
    Walk Score® 55
    Listing provided by Kenneth Schrier, RE/MAX Marketplace
    MLS 21827074
  8. Photo of 74 Forest Drive, Napa, CA 94558 (MLS # 21826896)
    37
    3 beds,  2 full, 1 half baths
    2,224 sqft   lot 19,432 sqft
    Walk Score® 3
    Listing provided by Kelly Reyes, Kelly Reyes Realty
    MLS 21826896
  9. Photo of 15 Zandra Place, Novato, CA 94945 (MLS # 21826987)
    46
    4 beds,  3 full baths
    3,078 sqft   lot 16,344 sqft
    Walk Score® 20
    Listing provided by Benjamin Faber, Redfin
    MLS 21826987
  10. Photo of 1190 Azevedo Ranch Road, Vallejo, CA 94591 (MLS # 21827029)
    26
    5 beds,  3 full baths
    2,306 sqft   lot 1,899 sqft
    Walk Score® 45
    Listing provided by WILLIAM FLETCHER, RED OAK REALTY
    MLS 21827029
  11. Photo of 113 Villa Court, Fairfield, CA 94533 (MLS # 21824694)
    14
    2 beds,  1 full, 1 half baths
    968 sqft   lot 1,742 sqft
    Walk Score® 21
    Listing provided by Cecile McNaughton, Greater Solano Real Estate Services
    MLS 21824694
  12. Photo of 751 Lincoln Avenue, Rohnert Park, CA 94928 (MLS # 21826991)
    20
    2 beds,  1 full bath
    808 sqft   lot 1,298 sqft
    Walk Score® 66
    Listing provided by Annaliese Hiatt Quisisem, RE/MAX Gold
    MLS 21826991
  13. Photo of 2 Coronet Way, Kentfield, CA 94904 (MLS # 21822514)
    46
    4 beds,  2 full, 1 half baths
    2,850 sqft   lot 21,000 sqft
    Walk Score® 1
    Listing provided by Elizabeth Freeman, Vanguard Properties
    MLS 21822514
  14. Photo of 5 Locke Lane, Mill Valley, CA 94941 (MLS # 21827073)
    14
    3 beds,  3 full baths
    lot 5,998 sqft
    Walk Score® 75
    Listing provided by Matthew Pouliot, Compass
    MLS 21827073
  15. Photo of 118 Benjamin Street, Vallejo, CA 94589 (MLS # 21826994)
    17
    3 beds,  1 full bath
    1,064 sqft   lot 5,663 sqft
    Walk Score® 26
    Listing provided by Dupree Williams, Elite Realty Advisors and Elite Property Management
    MLS 21826994
  16. Photo of 1006 Mustang Road, Napa, CA 94558 (MLS # 21826863)
    44
    3 beds,  2 full baths
    1,821 sqft   lot 1.99 ac
    Walk Score® 0
    Listing provided by Stephanie Gibson, Golden Gate Sotheby's International Realty
    MLS 21826863
  17. Photo of 92 Bret Harte Road, San Rafael, CA 94901 (MLS # 21827023)
    41
    5 beds,  3 full, 1 half baths
    3,290 sqft   lot 16,988 sqft
    Walk Score® 21
    Listing provided by Steven Minchen, Coldwell Banker
    MLS 21827023
  18. 3 beds,  2 full baths
    1,512 sqft   lot 11,761 sqft
    Walk Score® 1
    Listing provided by Martin Levy, Century 21 North Bay Alliance
    MLS 21827067
  19. Photo of 80 Bayview Avenue, Belvedere, CA 94920 (MLS # 21827011)
    39
    4 beds,  3 full, 1 half baths
    2,960 sqft   lot 6,251 sqft
    Walk Score® 35
    Listing provided by Nicole Klionsky, Vanguard Properties
    MLS 21827011
  20. Photo of 7079 Kylemore Circle, Dublin, CA 94568 (MLS # 21827061)
    38
    4 beds,  3 full baths
    3,160 sqft   lot 5,045 sqft
    Walk Score® 32
    Listing provided by Tim Lewis, Tim Lewis Communities
    MLS 21827061
  21. Photo of 5444 Tares Circle, Elk Grove, CA 95757 (MLS # 21827037)
    28
    2 beds,  2 full baths
    1,728 sqft  
    Walk Score® 28
    Listing provided by David Silva, RE/MAX Gold Rocklin
    MLS 21827037
  22. Photo of 527 Chablis Drive, Windsor, CA 95492 (MLS # 21826950)
    35
    4 beds,  2 full, 1 half baths
    2,650 sqft   lot 5,502 sqft
    Walk Score® 21
    Listing provided by Jennifer Wiltermood, RE/MAX Marketplace
    MLS 21826950
  23. Photo of 144 Nantucket Lane, Vallejo, CA 94590 (MLS # 21827038)
    8
    2 beds,  2 full, 1 half baths
    1,204 sqft   lot 1,237 sqft
    Walk Score® 56
    Listing provided by Tracy Persons, RE/MAX Gold
    MLS 21827038
  24. Photo of 115 Great Circle Drive, Mill Valley, CA 94941 (MLS # 21827040)
    44
    4 beds,  4 full, 2 half baths
    4,680 sqft   lot 12,201 sqft
    Walk Score® 25
    Listing provided by Shana Rohde-Lynch, Pacific Union International
    MLS 21827040
  25. Photo of 2950 Trinity Road, Glen Ellen, CA 95442 (MLS # 21826909)
    44
    3 beds,  3 full baths
    2,097 sqft   lot 9.48 ac
    Walk Score® 0
    Listing provided by Regina Clyde, Sotheby's International Realty
    MLS 21826909
  26. Photo of 2010 Morningside Mountain, Glen Ellen, CA 95442 (MLS # 21827054)
    30
    4 beds,  6 full baths
    4,450 sqft   lot 4.15 ac
    Walk Score® 1
    Listing provided by Bobbi Beehler, Pacific Union International
    MLS 21827054
  27. Photo of 235 Beechnut Drive, Hercules, CA 94547 (MLS # 21827047)
    9
    4 beds,  3 full baths
    2,409 sqft   lot 6,765 sqft
    Walk Score® 7
    Listing provided by Ty Leon-Guerrero, Team 1 Realty
    MLS 21827047
  28. Photo of 4481 Montecito Avenue, Santa Rosa, CA 95404 (MLS # 21827027)
    42
    3 beds,  3 full, 1 half baths
    2,732 sqft   lot 43,560 sqft
    Walk Score® 4
    Listing provided by Joseph McNeany, Bertolone Realty
    MLS 21827027
  29. Photo of 16 Winestone Court, Napa, CA 94558 (MLS # 21826903)
    23
    3 beds,  2 full, 1 half baths
    2,320 sqft   lot 5,031 sqft
    Walk Score® 31
    Listing provided by Jerry Pujals, Coldwell Banker B of V-Napa
    MLS 21826903
  30. Photo of 1202 Sonata Drive, Vallejo, CA 94591 (MLS # 21827035)
    34
    2 beds,  2 full baths
    1,256 sqft   lot 1,128 sqft
    Walk Score® 28
    Listing provided by Monica Hartinger, RE/MAX Gold
    MLS 21827035
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