Local Market Update
Febuary 2023
Local Market Update for February 2023
5C Noe Valley
Data provided by the San Francisco Association of Realtors
All data from the San Francisco MLS. Report © 2023
ShowingTime. Badessa DRE: 01876759
Dean Badessa
Key Metrics 20222023 Percent Change Thru 2-2022Thru 2-2023 Percent Change New Listings 15 7 - 53.3% 27 18 - 33.3% Pending Sales 11 8 - 27.3% 21 12 - 42.9% Sold Listings 13 6 - 53.8% 18 11 - 38.9% Median Sales Price* $2,750,000 $2,502,375 - 9.0%$2,637,500 $2,100,000 - 20.4% Average Sales Price* $3,303,560 $2,517,458 - 23.8%$3,222,654 $2,394,750 - 25.7% Days on Market 13 31 + 138.5% 35 50 + 42.9% Active Listings 11 11 0.0% % of Properties Sold Over List Price 76.9% 50.0% - 35.0%72.2% 63.6% - 11.9% Percent of List Price Received* 116.4% 112.5% - 3.4%118.6% 108.8% - 8.3% Months Supply 0.7 1.1 + 57.1% * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. Key Metrics 20222023 Percent Change Thru 2-2022Thru 2-2023 Percent Change New Listings 20 13 - 35.0% 31 23 - 25.8% Pending Sales 15 9 - 40.0% 21 13 - 38.1% Sold Listings 6 5 - 16.7% 12 6 - 50.0% Median Sales Price* $891,250 $1,325,000 + 48.7%$1,160,000 $1,285,000 + 10.8% Average Sales Price* $1,044,935 $1,442,300 + 38.0%$1,245,051 $1,335,250 + 7.2% Days on Market 38 30 - 21.1% 42 46 + 9.5% Active Listings 16 14 - 12.5% % of Properties Sold Over List Price 83.3% 40.0% - 52.0%75.0% 50.0% - 33.3% Percent of List Price Received* 107.7% 100.2% - 7.0%106.3% 100.2% - 5.7% Months Supply 1.1 1.2 + 9.1% * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
415.474.5140 m Dean@DeanBadessa.com
Report provided by the San Francisco Association of REALTORS® MLS For questions or more information, contact communications@sfrealtors.com.
February Year to Date February Year to Date Single Family Condo/TIC/Coop 5C Noe Valley — SF Districts 1-10 — SF Districts 1-10 — 5C Noe Valley — Current as of March 11, 2023. All data from the San Francisco Association of REALTORS® MLS. Report © 2023 ShowingTime. $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 2-20132-20152-20172-20192-20212-2023 Median Sales Price –Single Family Rolling 12-Month Calculation $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 2-20132-20152-20172-20192-20212-2023 Median Sales Price –Condo/TIC/Coop Rolling 12-Month Calculation