Noe Valley had two quite different markets in June. Single-family home prices are running well above last year, and competition for them has been intense. Condos have been much steadier. It seemed worth looking at each one on its own.
Data as of July 23, 2026, from the San Francisco MLS. This report covers June 2026. Some recent-month figures may still be updated as late sales are reported.
What stands out this year is price, not supply. New listings were actually up about 8% from the same three months last year, and closed sales were roughly flat. Sellers have not disappeared. Buyers have simply been willing to pay a lot more.
The median sale price in June was $4,025,000 across 14 closed sales. The median is the middle value. Half the sales were above it, half below. We use it instead of the average because one very expensive or very cheap sale can't throw it off. On a three-month basis the median is $3,400,000, compared with $2,900,000 for the same stretch last year.
The spring was the high point. The three-month median reached $4,425,000 in March and April, which is the highest reading in our ten-year data by a wide margin. June has come down from that peak while still sitting well above where the neighborhood was a year ago.
The competition numbers tell you how that happened. Over the past three months, 92.7% of single-family homes sold above their asking price, and the typical sale closed at 124% of its original list price. Both are the highest we have on record in ten years of this data. Homes went under contract in a median of 10 days.
Inventory is genuinely thin. There were 3 single-family homes actively for sale in Noe Valley at the end of June. Months supply came in at 0.3. Months supply estimates how long it would take to sell everything currently on the market at the current pace of sales, and lower means a tighter, more competitive market. That is the lowest June figure in our ten-year data, and it is not close. The next lowest June was 0.7.
| Metric | June 2026 | 3-month | vs. year ago* |
|---|---|---|---|
| New listings | 11 | 14.3 avg | +8% |
| Active listings | 3 | 5.0 avg | −69% |
| Pending sales | 10 | 13.3 avg | +3% |
| Closed sales | 14 | 13.7 avg | −2% |
| Median sale price (14 closed sales) | $4,025,000 | $3,400,000 | +17% |
| % sold over list | 85.7% | 92.7% | +16.5 pts |
| % of original price | 130.3% | 124.0% | +21.0 pts |
| Days on market | 10 | 10 | −3 days |
| Months supply | 0.3 | 0.5 | −71% |
The condo market here looks quite different, and it is worth saying up front that we lean on the three-month figures in this section. Noe Valley sees roughly six condo sales a month. At that volume, any single month can swing on which few homes happened to close, so the three-month numbers are the more reliable read.
Prices have been steady. The three-month median is $1,640,000, up about 4% from the same period last year. June itself came in at $1,637,500 across 8 closed sales. That is a normal year of movement, and a very different picture from the single-family side of the same neighborhood.
One number is worth calling out plainly: no new condo listings came to market in Noe Valley in June. Not a small number, zero. That has happened five times in the past ten years, and every other time it was November or December. This is the first time it has happened outside the winter slowdown.
We would not read too much into a single month. Twelve condos came on in April and May combined, and 8 sales closed in June, so the market did not stop. But it is unusual, and it is the kind of thing worth watching over the next couple of months.
Buyers who are looking are competing. Over the past three months, 90% of condo sales closed above asking, and the typical sale finished at about 115% of its original list price. Pending means the seller accepted an offer. Closed means the sale finished, and closings usually lag pendings by about a month because of escrow. Homes went under contract in a median of 14 days over the same stretch.
Months supply sits at 1.2 on a three-month basis, close to where it was a year ago. So condos are competitive, but they are not seeing the kind of price movement happening in single-family homes a few blocks away.
| Metric | June 2026 | 3-month | vs. year ago* |
|---|---|---|---|
| New listings | 0 | 6.3 avg | −34% |
| Active listings | 4 | 6.7 avg | −13% |
| Pending sales | 4 | 6.3 avg | −24% |
| Closed sales | 8 | 6.7 avg | −17% |
| Median sale price (8 closed sales) | $1,637,500 | $1,640,000 | +4% |
| % sold over list | 100% | 90.0% | +10.8 pts |
| % of original price | 113.3% | 114.6% | +8.1 pts |
| Days on market | 15 | 14 | +2 days |
| Months supply | 0.7 | 1.2 | −8% |
A couple of the terms above, briefly. % sold over list is the share of homes that sold above their asking price. % of original price compares the final sale price to the very first asking price, so it also captures any price cuts along the way. Days on market is how long a typical listing took to go from hitting the market to accepting an offer.
Market data is useful. We genuinely enjoy this stuff. But it is one part of a much bigger picture, and it only goes so far.
Perfectly timing the market is something that really only happens in hindsight. What matters far more is your own situation: where you are in your life, what you are trying to do next, and what your options actually look like right now. A year like this one means something very different to a longtime Noe Valley owner thinking about selling than it does to a family trying to buy in, or to someone weighing a condo against a house.
That is the work we do with buyers and sellers every day, and it is why we would rather talk with you about your specifics than hand you a chart and wish you luck.
If you are curious what all this means for you, get in touch and we'll talk it through. You can also read more about how we work with buyers, how we work with sellers, or Noe Valley and the other San Francisco neighborhoods we cover. If you'd like to hear how this goes from people who have been through it with us, our client testimonials are worth a few minutes.
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Noe Valley market report by Danielle Lazier - Vivre Real Estate, top San Francisco Realtors serving Noe Valley and the wider Bay Area since 2002. Data from SFARMLS. InfoSparks © 2026 ShowingTime Plus, LLC. Danielle Lazier, DRE #01340326.
