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 Market Update – May 2018
Welcome to May’s Noe Valley Market Update.
The number of active listings was down 13% from one year earlier and up 18% from the previous month.
The median listing price for the month was just under $2 million, while the median sales price was just under $2.5 million.
Compared to last year, the average number of days that units spent on the market before being sold was down 62%. The number of units sold decreased 46% year-over-year and decreased over 36% month-over-month.
The Take Home
- Number of active listings: Down 13% year-over-year
- Number of active listings: Up 18% month-over-month
- Median listing price: Just under $2 million
- Average number of days on the market before sale: Down 62%
Can’t find a house to buy, or struggling to sell your own home? Judging by the latest market data, you’re not alone. This is a conclusion reached by Danielle Lazier, for the month of May.
If you’d like to know more about Noe Valley real estate , don’t hesitate to reach out. Let’s talk! We’re here when you need us. Danielle Lazier is available to assist with your real estate queries