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 Real Estate Market Update – January 2017
Welcome to January’s Noe Valley Market Update. The number of active listings was down 13% from one year earlier and up 86% from the previous month. The median listing price for the month was over $3.5 million, and the median sales price was just over $3 million. Compared to last year, the average number of days that units spent on the market before being sold was down 24%. The number of units sold decreased 40% year-over-year and decreased 57% month-over-month.
The Take Home
- Number of active listings: Down 13% year-over-year
- Number of active listings: Up 86% month-over-month
- Median listing price: $3.6 million
- Average number of days on the market before sale: Down 24%
If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!