The number of Napa Homes for Sale dropped almost 25% in the second quarter of 2011 compared with 2010. Although it’s too soon to tell this may mean the the market has finally bottomed out. But with stock market and other signs that the economy is weak it’s difficult to see the 3rd quarter Napa Real Estate Market being very strong.

There are still a number of distressed Napa Homes for Sale that are holding prices down.

There are a lot of potential buyers who are looking for Napa Real Estate who are attracted by low interest rates and low prices, but many are still holding back because they are uncertain about the economy and where prices will go.