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 – March 2015
Welcome to March’s Noe Valley Market Update.
The number of active listings was down 14% from one year earlier and down 50% from the previous month.
The median listing price for the month was just over $3 million, while the median sales price was just over $2.2 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 20%. The number of units sold was consistent year-over-year and increased over 400% month-over-month.
The Take Home
- Number of active listings: Down 14% year over year
- Number of active listings: Down 50% month over month
- Median listing price: Just over $3 million
- Average number of days on the market before sale: Up 20%
If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!