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 – March 2016
Welcome to March’s Noe Valley Market Update.
The number of active listings was up 25% from one year earlier and up 15% from the previous month.
The median listing price for the month was just under $1.9 million, while the median sales price was just under $2.2 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 10%. The number of units sold decreased 50% year-over-year and decreased 25% month-over-month.
The Take Home
- Number of active listings: Down 50% year-over-year
- Number of active listings: Down 25% month-over-month
- Median listing price: $1.85 million
- Average number of days on the market before sale: Up 10%
If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!
-Danielle Lazier, SFhotlist, and Keller Williams San Francisco