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Wine Country Real Estate Trends in December 2013 and Annual Results

[caption id="attachment_881" align="alignleft" width="150"] Garret Snedaker[/caption]

2013 Results for Sonoma County, Napa County and Wine Country: According to figures from BAREIS MLS system, for the year, Sonoma County had 5,599 residential properties sold.  This compares to 6,125 a year ago – a decrease of 8.6%.  The dollar volume for 2013 was $2.8 billion, 11.7% higher than the sales volume of $2.5 billion in 2012.  The average price increased 22% from $416,000 in 2012 to $508,000 in 2013.

For Napa County, there were 1,633 closed residential properties in 2013 compared to 1,642 in 2012.  This is a decrease of less than 1%.  The sales dollar volume increased 14% from $892 million to $1.2 billion.  The average price increased 15% from $543,000 in 2012 to $623,000 in 2013.

Combining the two for a Wine Country total, the number of units sold decreased by 7% from 7,767 to 7,232.  The total sales volume increased by 14.7% from $3.44 billion to $3.86 billion and the average selling price increased 20.5% from $443,000 to $534,000.

For the Month of December:


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