Noe Valley is a quintessential San Francisco neighborhood — a charming village within a city. It’s no wonder that the Noe Valley real estate market continues to be hot. With its beautiful houses, stunning views of the city, and tight-knit local community, Noe Valley is a much desired neighborhood. Are you interested in Noe Valley real estate? See the latest stats below for Noe Valley in Q3 2017.
Median Sales Prices
According to COMPASS San Francisco, this quarter was at an all-time high since 2012 and even better than the first quarter of 2017, with the median sales price increasing by 15.4% year-over-year. The median price per square foot was up by 14.8% year-over-year. Median prices overall are up from the prices of the past four years. This means that the market is hot and that San Francisco homeowners are seeing a good return on their Noe Valley real estate investments.
Noe Valley Real Estate Market Snapshot
There was an increase in the number of Noe Valley listings from the first quarter of the year, but the figures were still down by 19.5% year-over-year. The total volume was $135.3M, which was a 3.2% decrease year-over-year.
Incidentally, houses moved very quickly during this quarter, with a median of just 14 days on market. This is a big decrease of 33.3% year-over-year. The median negotiable was 8%, which showed an increase of 7.9% year-over-year.
Thoughts on Noe Valley Real Estate Q3 2017
Danielle Lazier + Associates, in collaboration with COMPASS San Francisco, had a full three months of sales during Q3 2017. With fewer homes on the market, the sales prices consistently increased over the listing prices.
What to Expect the Third Quarter of 2017
We’re familiar with all of San Francisco’s neighborhoods, but Noe Valley is one of our specialties. If you’re buying or selling a home in Noe Valley, please reach out! Danielle Lazier + Associates, in collaboration with COMPASS San Francisco, have the experience and reputation for success that will help you achieve the best return on your Noe Valley real estate investment.
Are you looking to buy a home in San Francisco? We’re experts at that, too! Check out what our satisfied homebuyers have to say:
“Tanya and Danielle are truly the best in the business. 5+ years ago we worked with them on purchasing our home in SF, and a couple months ago we also hired them to sell our home. They far and away exceeded all of our expectations.” — John P.
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