| Napa County Real Estate Trends |
|
At Home in the Beautiful Napa Valley Buying a home in the Napa Valley is the key to a quality lifestyle filled with opportunities to live and work in the nation’s most celebrated wine growing region. With a vibrant economy and high performing schools, Napa County is an ideal setting in which to raise a family, work and play.
Napa Valley’s Determined Growth Over recent years, according to a statistical analysis of Napa County, housing increased by 1.4 percent, higher than the state’s average of 0.9 percent. That means there are new homes and condominiums for sale in the Napa Valley each year. In 2007, there were 53,550 housing units available in Napa County – statistically meeting the demands of the region’s population. Some of the most significant building occurred in Napa Valley’s newest city – American Canyon. Since this city is the gateway to the Napa Valley, it attracts many professionals who commute to the Bay Area for work. However, Napa County’s home grown economy provides ample opportunities to both live and work in Napa Valley. The unemployment rate is consistently low and jobs are available in many sectors. In addition, the pay for jobs in Napa County is generally higher than comparable counties. These factors make owning Napa Valley real estate even more desirable. Napa’s Desirable Real Estate What can the prospective Napa Valley home owner expect to find on the market? Everything from mobile homes to exclusive estates. Architectural styles vary throughout Napa County. American Canyon sports more new building than its neighboring communities, although the City of Napa also increased its housing with new construction over the past few years. In the countryside, new homes with notable architectural designs, grace farm and ranch lands. Variety and Lasting Value Real estate in the Napa Valley is also desirable because it tends to retain its value, even when there is a widespread economic downturn. Because local government limits growth, the balance between supply and demand keeps real estate values high and investments protected. Many factors combine to paint a picture of a beautiful life for home owners in Napa County. With a strong character built on its long agricultural tradition, regard for open space, and value of small communities, the Napa Valley offers a rare opportunity to live, work and grow. |





