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 – February 2018
Welcome to February’s Noe Valley Market Update. The number of active listings was down 43% from one year earlier and down 19% from the previous month. The median listing price for the month was just under $2.4 million, and the median sales price was just under $3 million. Compared to last year, the average number of days that units spent on the market before being sold was increased by 50%. The number of units sold increased 120% year-over-year and decreased 175% month-over-month.
The Take Home
- Number of active listings: Down 43% year-over-year
- Number of active listings: Down 19% month-over-month
- Median listing price: $2.39 million
- Average number of days on the market before sale: Increased 50%
Are you planning to buy a property in Noe Valley? Check out if it is a good time to do so with our Market Updates. Let us assist you in your property search today! Let’s talk!