Local Market Update for February 2021
Noe Valley Market Update February 2021Valley 5C Noe Report provided by the San Francisco Association of REALTORS®
February
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change
New Listings
12
10
- 16.7%
Pending Sales
5
11
+ 120.0%
12
17
+ 41.7%
Sold Listings
5
8
+ 60.0%
12
15
+ 25.0%
Median Sales Price*
$2,750,000
$3,575,000
+ 30.0%
$2,478,500
$3,450,000
+ 39.2%
Average Sales Price*
$2,879,600
$3,267,250
+ 13.5%
$3,004,583
$3,277,667
+ 9.1%
14
30
+ 114.3%
23
40
+ 73.9%
Days on Market Active Listings
Thru 2-2020
Thru 2-2021
Percent Change
25
16
- 36.0%
31
21
- 32.3%
--
--
--
% of Properties Sold Over List Price
60.0%
50.0%
- 16.7%
58.3%
40.0%
- 31.4%
Percent of List Price Received*
111.6%
101.2%
- 9.3%
108.9%
100.5%
- 7.7%
3.0
2.0
- 33.3%
--
--
--
Months Supply
* 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.
February
Condo/TIC/Coop Key Metrics
2020
2021
New Listings
11
Pending Sales
5
Sold Listings
Year to Date Percent Change
Thru 2-2020
Thru 2-2021
11
0.0%
19
19
0.0%
11
+ 120.0%
8
19
+ 137.5%
Percent Change
5
8
+ 60.0%
11
14
+ 27.3%
Median Sales Price*
$1,507,000
$1,527,500
+ 1.4%
$1,507,000
$1,350,000
- 10.4%
Average Sales Price*
$1,550,400
$1,603,125
+ 3.4%
$1,511,364
$1,392,607
- 7.9%
Days on Market
7
23
+ 228.6%
46
35
- 23.9%
Active Listings
30
26
- 13.3%
--
--
--
% of Properties Sold Over List Price
100.0%
62.5%
- 37.5%
72.7%
64.3%
- 11.6%
Percent of List Price Received*
108.5%
107.2%
- 1.2%
105.6%
104.9%
- 0.7%
3.6
2.6
- 27.8%
--
--
--
Months Supply
* 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.
Median Sales Price – Single Family Rolling 12-Month Calculation
SF Districts 1-10 — 5C Noe Valley —
Median Sales Price – Condo/TIC/Coop Rolling 12-Month Calculation
$3,000,000
$1,600,000
$2,500,000
$1,400,000
$2,000,000
$1,200,000
$1,500,000
$1,000,000
$1,000,000
$800,000
$500,000 2-2011
2-2013
2-2015
2-2017
2-2019
Data provided by the San Francisco Association of Realtors Current as of March 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. Badessa DRE: 01876759
2-2021
$600,000 2-2011
2-2013
2-2015
SF Districts 1-10 — 5C Noe Valley —
2-2017
2-2019
2-2021
Dean Badessa 415.474.5140 m Dean@DeanBadessa.com
Current as of March 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime.