Market Update: Noe Valley Real Estate [video] – May 2017

 

Market Update: Noe Valley Real Estate [video] – May 2017

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 – May 2017

Welcome to May’s Noe Valley Market Update. The number of active listings was down 16% from one year earlier and down 36% from the previous month. The median listing price for the month was just over $3 million, and the median sales price was $2.8 million. Compared to last year, the average number of days that units spent on the market before being sold was up 48%. The number of units sold increased 30% year-over-year and decreased 19% month-over-month.

The Take Home

  • Number of active listings: Down 16% year-over-year
  • Number of active listings: Down 36% month-over-month
  • Median listing price: $3.03 million
  • Average number of days on the market before sale: Up 48%

If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!