The Noe Valley real estate market remained competitive for MAY 2018 resulting in homes with an average of just 14 DOM (days on market) for single-family homes and 19 DOM for condos. The median price of single-family homes was $2,500,000 for the month compared to $2,800,000 one year ago, $1,790,000 five years ago, and $1,250,000 ten years ago—a whopping 100% increase in median price.
I look forward to keeping you updated on our Noe Valley real estate market every month. In the meantime, please don’t hesitate to reach out if you have real estate questions and/or I can be of assistance. I’m happy to help.
In this competitive environment, it’s essential to have a Realtor who knows the intricacies of a pricing strategy and who has a grasp on the market. Abigail Picache, a Broker Associate since 2004 is a San Francisco real estate expert who has consistently ranked in the top 10% of all real estate agents in the city.
Historical Price Comparison - Noe Valley Single Family Homes
| Date | Avg $Sq/Ft | % Chg | Avg Sale $ | % Chg | Median Sale $ | % Chg |
|---|---|---|---|---|---|---|
| May 2018 | $1278 | 8% | $2,620k | -16% | $2,500k | -11% |
| May 2017 | $1181 | - | $3,134k | - | $2,800k | - |
| Date | Avg $Sq/Ft | % Chg | Avg Sale $ | % Chg | Median Sale $ | % Chg |
|---|---|---|---|---|---|---|
| May 2018 | $1278 | 55% | $2,620k | 38% | $2,500k | 40% |
| May 2013 | $827 | - | $1,904k | - | $1,790k | - |
| Date | Avg $Sq/Ft | % Chg | Avg Sale $ | % Chg | Median Sale $ | % Chg |
|---|---|---|---|---|---|---|
| May 2018 | $1278 | 68% | $2,620k | 86% | $2,500k | 100% |
| May 2008 | $759 | - | $1,410k | - | $1,250k | - |