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 – December 2016
Welcome to December’s Noe Valley Market Update. The number of active listings was down 62% from one year earlier and down 62% from the previous month. The median listing price for the month was over $2.4 million, and 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 34%. The number of units sold decreased 22% year-over-year and decreased 42% month-over-month.
The Take Home
- Number of active listings: Down 62% year-over-year
- Number of active listings: Down 62% month-over-month
- Median listing price: $2.44 million
- Average number of days on the market before sale: Up 34%
If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!