"Life starts all over again when it gets crisp in the fall" F. Scott Fitzgerald
Fall is certainly in the air in the Napa Valley. October is the season for unpacking your cozy sweaters, trips to the pumpkin patch, Halloween decorating and, my personal favorite, fall cooking. Baking, braising and basting are back!
Read on for real estate updates, what's new in Napa, upcoming events, and more.
The Napa real estate market has seen historic highs this past year and homes last quarter sold for 105% of asking price. Prices have been appreciating consistently throughout 2021 but we will see how the market responds to the change in seasons. Interest rates have been more volatile lately but demand is still strong and, though inventory levels have improved slightly, they are still very low keeping us in a seller's market.
In Q3 of 2021, the median house sales price was $925K, a 15% year over year increase, but down from June when the year over year increase was a whopping 31%.
Average Days on Market last quarter was slightly higher than Q2 2021 but still lower than the last 5+ years signaling that demand is still very high.
All price segments saw dramatic increases in sales volume over the past 12 month but homes selling for $3M-$4M had the largest year over year increase at 173% followed by homes selling for $1M-$2M which had an 86% increase.
Below is a breakdown of median house prices by square ft. and lot size. If you are curious what your home is worth I am happy to put together a CMA for you. Contact me if you are interested in a complimentary home valuation.
Ox and the Fox Opens in Napa
Napa's newest hip local hangout housed in the First and Franklin building serves up beer, wine and small plates in a fun, inviting setting. A great spot downtown to grab pre- or post-dinner snacks and drinks or just hang out and catch up with friends.
Anthropologie Clothing Store Opens
Anthropologie, a unique lifestyle brand, just opened in the First Street shopping center. It is located on the first floor of the historic Gordon Building on First Street in Downtown Napa. One of the first popular national retail chains to open in Napa. Long overdue!
Feast It Forward had a grand opening party this past weekend for their new concept "The Yard". The Yard features a stage with a big screen, where they plan to cast sporting events and feature live music, pods for wine tasting, an area for food trucks, picnic tables, a pizza oven, and a ping pong table and cornhole court for the kids.
The Napa Barrel Project brewpub
The Napa Barrel Project is a craft brewpub in the old Uva dining room space that ages many of its brews in used Napa wine and spirit barrels.
The business is an offshoot of popular Big Stump Brewery in Sacramento, where the initial brewing occurs before they truck the brew to Napa for aging.
The Napa Beer Project will offer 18 to 20 beers on tap and wines on tap as well. They specialize in sour beer and will also
serve beer-friendly food.
The seating is at picnic-type tables for an atmosphere reminiscent of a Bavarian beer hall, and the whole front opens to bring the outside in. They plan to open around October 15th.
Live Music Calendar
The Oxbow River Stage will host Wilco on Oct. 15th & Death Cab for Cutie on Oct. 23rd.
The Uptown Theatre has lots of upcoming shows including Govt Mule on Oct 20th, The Doo Wop Project on Oct 23rd and Toad the Wet Sprocket on Oct 30th.
Robert Mondavi Winery will host The Avett Brothers on Friday, Oct. 22nd & a full calendar of
live music will return to the Blue Note on November 11th.
St. Helena Hometown Harvest Festival
Saturday, October 16th, 11-4pm
The Hometown Harvest Festival features a Pet PAWrade, live music, a wine lounge, a food alley, and an array of arts and crafts vendors.
Fall Home Maintenance
Now is the perfect time to prepare your home for the upcoming winter months. Cleaning your gutters, checking your roof and cleaning and checking your fireplace are all on the to-do list this time of year.
58 Easy Pumpkin Carving Ideas
If you have a family tradition that involves carving pumpkins every year, maybe this is the year to up your decorating game. Check out these 58 fun ideas!
Welcome the arrival of fall and Thanksgiving guests with gorgeous decorations both indoors and out. HGTV has some great inspiration for FALLerizing your décor.
3 Bed | 2.5 Bath | 3512 sq. ft.
3 Bed | 2.5 Bath | 2531 sq. ft.
3 Bed | 3.5 Bath | 3084 sq. ft.
3 Bed | 2 Bath | 1619 sq. ft.
2 Bed | 2 Bath | 1272 sq. ft.
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-oaklandberkeleywinecountry