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 – October 2016
Welcome to October’s Noe Valley Market Update. The number of active listings was up 18% from one year earlier and up 25% from the previous month. The median listing price for the month was just under $2 million, and the median sales price was just under $2.8 million. Compared to last year, the average number of days that units spent on the market before being sold was down 10%. The number of units sold was consistent year-over-year and increased 50% month-over-month.
The Take Home
- Number of active listings: Up 18% year-over-year
- Number of active listings: Up 25% month-over-month
- Median listing price: $1.99 million
- Average number of days on the market before sale: Down 10%
If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!