This video is part of the SFhotlist Monthly Market Update Video Series. Each week, we provide you with a short video with updated information about San Francisco real estate and the neighborhoods you love. Let us know if there is something specific you’d like to know.
Noe Valley Market Update – August 2015
Welcome to August’s Noe Valley Market Update.
The number of active listings was down 50% from one year earlier and down 30% from the previous month.
The median listing price for the month was just over $1.7 million, while the median sales price was just under $2.4 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 17%. The number of units sold decreased 11% year-over-year and decreased more than 50% month-over-month.
The Take Home
- Number of active listings: Down 50% year-over-year
- Number of active listings: Down 30% month-over-month
- Median listing price: Just over $1.7 million
- Average number of days on the market before sale: Up 17%
If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!
-DL