ST. HELENA MARKET UPDATE
NAPA VALLEY
NAPA VALLEY
Current real estate data and trends for St. Helena, Napa Valley
The St. Helena luxury real estate market is experiencing a period of adjustment and opportunity following the exceptional price growth of 2021-2022. With median prices now at $1,777,000 (down 29.3% year-over-year), buyers have more options and negotiating leverage in this prestigious market.
Current trends indicate that properly priced properties in prime locations continue to attract strong interest, particularly those with distinctive architecture, vineyard views, or proximity to downtown. The 80% increase in available inventory provides buyers with unprecedented selection across various property types.
The luxury segment above $3 million has seen the most significant price adjustments, while properties in the $1-2 million range have maintained more stable values. Days on market have decreased slightly to 112 days (down 6.7%), indicating that despite more inventory, well-positioned properties continue to sell at a steady pace.
Sales-to-list price ratios have decreased to 92.3%, suggesting more room for negotiation than in previous years. Buyers are demonstrating greater selectivity and taking advantage of the improved inventory situation to find properties that precisely match their requirements.
$1,777,000
↓ 29.3% from last year
Following a period of exceptional growth, prices have adjusted to more sustainable levels.
112
↓ 6.7% from last year
Luxury properties are selling slightly faster than the previous year, though still at a deliberate pace.
15
↓ 6.3% from last year
Transaction volume has decreased slightly, reflecting the selective nature of the luxury market.
54
↑ 80.0% from last year
Significantly more options for buyers across diverse property types and price points.
92.3%
↓ 5.7% from last year
Buyers have more negotiating power in the current market environment.
$875
↓ 21.3% from last year
Value opportunities exist as price per square foot has decreased substantially.
| PROPERTY TYPE | MEDIAN PRICE | INVENTORY | AVG. DAYS ON MARKET |
|---|---|---|---|
Luxury Vineyard Estates Premium properties with vineyard acreage and luxury amenities | $5,250,000 -12.5% | 14 | 167 |
Historic Downtown Homes Charming historic properties within walking distance to downtown | $1,975,000 -8.3% | 11 | 87 |
Luxury Residences High-end homes with premium finishes and amenities | $2,850,000 -15.2% | 19 | 105 |
Cottages & Bungalows Smaller footprint homes with charm and character | $1,125,000 -4.7% | 7 | 72 |
Data reflects the most recent quarter compared to the same period last year. Market conditions vary by neighborhood and price point.
