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 – May 2015
Welcome to May’s Noe Valley Market Update.
The number of active listings was down 36% from one year earlier and down 25% from the previous month.
The median listing price for the month was just under $3 million, while the median sales price was just under $2.6 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 30%. The number of units sold increased 14% year-over-year and decreased over 43% month-over-month.
The Take Home
- Number of active listings: Down 36% year-over-year
- Number of active listings: Down 25% month-over-month
- Median listing price: Just under $3 million
- Average number of days on the market before sale: Up 30%
If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!