Noe Valley homebuyer demand remained strong for the month of February 2018 despite concerns of increasing home prices, rising mortgage rates, stock market volatility, and new federal tax changes. Low inventory of homes and high Buyer demand continued to push home prices higher for Noe Valley single-family homes with a median price of $2,950,000 for the month compared to $1,849,000 just one year ago, an increase of 59.5%. See additional FEB comparisons of 1-year, 5-year, and 10-year median prices in our charts using data from the San Fransisco Association of Realtors MLS.
Next month we begin to head into the biggest sales season of the year, running from March through mid-June. 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.
Shows ACTIVE single-family home listings in Noe Valley for February 2018:
| Address | BR | BA | PK | Sq Ft | $/SqFt | Current List $ |
|---|---|---|---|---|---|---|
| 403 28th St. | 3 | 3 | 1 | 1500 | $1066 | $1,599k |
| 4247 24th St. | 3 | 2 | 2 | 2342 | $980 | $2,295k |
| 549 Jersey St. | 3 | 2 | 1 | 1970 | $1216 | $2,395k |
| 780 Elizabeth St. | 3 | 2 | 1 | 2790 | $1073 | $2,995k |
| 625 Grand View Ave. | 4 | 3.5 | 1 | 2765 | $1300 | $3,595k |
| Averages | - | - | - | 2273 | $1127 | $2,576K |
Shows PENDING single-family home listings in Noe Valley for February 2018:
| Address | BR | BA | PK | Sq Ft | $/SqFt | Current List $ |
|---|---|---|---|---|---|---|
| 464 Hoffman Ave. | 3 | 1 | 1 | 1025 | $971 | $995k |
| 561 Valley St. | 3 | 1 | 2 | NA | NA | $1,895k |
| 536 30th St. | 3 | 2 | 1 | 2115 | $1085 | $2,295k |
| 831 27th St. | 4 | 3 | 2 | 2177 | $1288 | $2,675k |
| Averages | - | - | - | 1739 | $1115 | $1,965k |
Shows SOLD single-family home listings in Noe Valley for February 2018:
| Address | BR | BA | PK | Sq Ft | $/SqFt | Orig $ (k) | Sale $ (k) | SP%LP |
|---|---|---|---|---|---|---|---|---|
| 4284 26th St. | 4 | 2 | - | 2283 | $975 | $2,099 | $2,225 | 106% |
| 647 Alvarado St. | 2 | 2 | - | - | - | $1,895 | $2,300 | 121% |
| 1626 Noe St. | 3 | 2 | 1 | 1975 | $1241 | $1,998 | $2,450 | 123% |
| 728 27th St. | 3 | 2 | 2 | 1895 | $1306 | $2,195 | $2,475 | 113% |
| 1484 Noe St. | 3 | 3 | 1 | 3000 | $969 | $2,599 | $2,906 | 112% |
| 27 Day St. | 4 | 3 | 1 | 2565 | $1150 | $3,195 | $2,950 | 99% |
| 4394 26th St. | 4 | 3.5 | 2 | 2690 | $1264 | $2,995 | $3,400 | 114% |
| 422 Valley St. | 4 | 3.5 | 4 | 3327 | $1082 | $3,595 | $3,600 | 100% |
| 556 28th St. | 4 | 4.5 | 2 | - | - | $4,398 | $4,900 | 111% |
| 538 28th St. | 5 | 5 | 3 | 4785 | $1044 | $5,650 | $4,995 | 100% |
| 4326 Cesar Chavez St. | 5 | 5 | 1 | 4200 | $1310 | $5,400 | $5,500 | 102% |
| Averages | - | - | - | 2969 | $1149 | $3,274 | $3,427 | 107% |