March begins the busiest sales season of the year that will typically run through mid-June.
Noe Valley homebuyer demand remained strong for the month of March 2018. The March condo median price was $1,372,625 compared to $1,475,000 one year ago, $1,160,000 five years ago, and $952,500 ten years ago—a 44% increase in median price. See March comparisons of 1-year, 5-year and 10-year charts using data from the SFAR MLS.
I look forward to keeping you updated on our Noe Valley real estate market every month. In the meantime, please don’t hesitate to reach out if you have real estate questions and/or I can be of assistance. I’m happy to help.
In this competitive environment, it’s essential to have a Realtor who knows the intricacies of a pricing strategy and who has a grasp on the market. Abigail Picache, a Broker Associate since 2004 is a San Francisco real estate expert who has consistently ranked in the top 10% of all real estate agents in the city.
Historical Price Comparison - Noe Valley Condos
| Date | Avg $Sq/Ft | % Chg | Avg Sale $ | % Chg | Median Sale $ | % Chg |
|---|---|---|---|---|---|---|
| March 2018 | $1229 | 21% | $1,470k | -7.4% | $1,373k | -6.9% |
| March 2017 | $1017 | - | $1,589k | - | $1,475k | - |
| Date | Avg $Sq/Ft | % Chg | Avg Sale $ | % Chg | Median Sale $ | % Chg |
|---|---|---|---|---|---|---|
| March 2018 | $1229 | 63.8% | $1,470k | 29.6% | $1,373k | 18.3% |
| March 2013 | $750 | - | $1,134k | - | $1,160k | - |
| Year | Avg $Sq/Ft | % Chg | Avg Sale $ | % Chg | Median Sale $ | % Chg |
|---|---|---|---|---|---|---|
| March 2018 | $1229 | 81.2% | $1,470k | 54.7% | $1,373k | 44.0% |
| March 2008 | $678 | - | $950k | - | $953k | - |