Live Like a Local by The Joel Toller Team

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The Joel Toller Team

The Joel Toller Team

Summer, 2018

Hello, friends --

Happy Summer!  I can't believe that we are almost half-way through 2018.  Now is a good time to reflect on real estate activity for the first half of the year and look at current trends.  See our Real Estate Roundup below for more information.

Did you know that June is National Homeowner's Month? The National Association of Realtors®’ 2018 Profile of Home Buyer and Seller Generational Trends identified that baby boomers are now more likely to buy homes not just for themselves—but also for their aging parents and adult kids saddled with student debt.

As baby boomers continue to grow in the market, here is how they compare to other generations of buyers:

  • Second largest generation of buyers (after millennials): 32 percent
  • Most likely to buy a new home: 20 percent
  • Bought a single-family home: 81 percent
  • Most likely to move to another region: 18 percent
  • Obtained a conventional mortgage loan: 66 percent

Check out the events we've gathered to add to your list of summer activities.  Get out there and listen to some tunes, grab some great food and wine, and enjoy our beautiful valley!  And, of course, July 4th is right around the corner.  Make your plans to watch the fireworks at one of the celebrations in the county.

As always, I appreciate your friendship and your business. Please feel free to contact me at any time to discuss your real estate needs.

Cheers,

 

 

Real Estate Roundup

 On the local front, home prices continue to be high as inventory remains low.   

Market Median Home Price Inventory
St. Helena $1,995,000 136
Calistoga $1,995,000 53
Angwin $1,250,000 33
Yountville $1,975,000 16

 Nationally, existing-home sales fell back for the second straight month in May, as only the Northeast region saw an uptick in activity, according to the National Association of Realtors®.

Lawrence Yun, NAR chief economist, says a solid economy and job market should be generating a much stronger sales pace than what has been seen so far this year. “Closings were down in a majority of the country last month and declined on an annual basis in each major region,” he said. “Incredibly low supply continues to be the primary impediment to more sales, but there’s no question the combination of higher prices and mortgage rates are pinching the budgets of prospective buyers, and ultimately keeping some from reaching the market.”

What's New?

  Open Houses this Sunday, June 24th from 1 - 4pm

Overlooking St. Helena

258 Via Monte

$1,450,000

This ranch style home is set on a private hillside drive, overlooking St. Helena. The property is serene and nestled among beautiful oak trees with lush landscaping. Built in 1972 and remodeled in 1998 by Frank Borges, the home features quality craftsmanship. The floor plan flows beautifully with 3 beds, 3 baths, spacious open kitchen, opening into living, dining and family rooms, all with Andersen French doors. Steps down from the house, find a versatile detached studio. 

258 Via Monte

 

Quiet Westside St. Helena

1830 Quail Court

$1,695,000

This desirable, 2,517 sq. ft., contemporary home with 4 bedrooms, 3 bathrooms is located on a quiet west side cul-de-sac.  Just blocks from downtown, this property is proximate to all St. Helena has to offer - shopping, world-class restaurants and wineries, excellent parks, and highly rated schools. This two-story home features craftsman details on the exterior, with a covered front porch and natural, water efficient landscaping. 

 

Ultra Modern in St. Helena

701 Deer Park Road

$2,295,000

Discover this rare, modern farmhouse in the heart of Napa Valley, set on 1.26 natural hilltop acres. Completely remodeled in 2018 with every attention to detail, this home is a true wine country retreat with privacy and space, yet conveniently located only minutes from downtown St. Helena. Intelligently designed with entertaining in mind, this smart home has Lutron smart lighting, Sonos sound, Nest, and Control4 systems all built in to provide a seamless, fully integrated luxury home entertainment experience.

Happenings

Here are a few of our favorite summer activities and - the best part is - they're absolutely FREE!

Farmer's Markets

Napa Farmers' Market
Tuesday and Saturday from 8:30 am until 1:00 pm.
195 Gasser Drive, Napa

St. Helena Farmers’ Market
Fridays from 7:30 am – 12:00 pm
Crane Park – 360 Crane Ave.  St. Helena

Calistoga Farmers' Market
Saturday from 9:00 a.m. - 1:00 p.m.
Sharpsteen Museum Plaza
1311 Washington Street, Calistoga

July 4th Celebrations

Napa 

The day starts with a parade at 10:00 a.m. down 2nd and 3rd streets, followed by a festival at 1:00 p.m. with activities at the Oxbow Commons. The best places to watch the fireworks will be from Veteran’s Park, Oxbow Commons or the Riverfront promenade.

St. Helena 

A bike parade starting at 4 pm, followed by a concert and the fireworks show which will be launched from Crane Park around 9:00 p.m. The show will be visible to revelers throughout St. Helena. The public is welcome to picnic, bring lawn games and view the fireworks from inside the West Baseball field located in Crane Park. 

Calistoga  

The parade starts at 11:00 a.m. in downtown Calistoga. 

Music

Festival Live! Chamber Series

Wednesday, July 18th, 5:00 - 7:00 pm.

The festival’s professional and Academy musicians join together for a lively series of 12 admission-free chamber concerts around Napa Valley. Today's concerts will take places at Schweiger Vineyards & Winery, Napa Valley Opera House, Copia, and the St. Helena Performing Arts Center.

Outdoor Activities

Mountain Biking

We have some of the best trails for mountain biking in the Bay Area!

 

Happenings