Calistoga Real Estate Market Continues Weakening in Contracts

Sales remained steady from last week to this week, with five homes sold in the Calistoga market over the last 30 days. However, a new downturn in the number of pending transactions continued, with three completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices are coming down in Calistoga, and for this period the median sales price slid from $805,000 to $699,000. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that Calistoga is a still seller's market.

Trying to find a home in Calistoga that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$2.4M   $1.4M   $1.8M  

Get started right now by checking out Calistoga homes for sale or reviewing Calistoga real estate trends.

Demographic facts for Calistoga:

  • 36.8% of the people in this area are renters.
  • The job growth projection is 34.6% for the next 10 years.
  • The average expenditures for each student in the area is $6,940. ($5,691 = national average)

Data reported through 1/11/2017

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Coldwell Banker Brokers of the Valley
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HG REAL ESTATE
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