More condo price appreciation in Noe Valley during April

Eight condominiums sold in the Noe Valley neighborhood of San Francisco during April. With the reduced inventory of homes for sale and intense buyer demand to live in this neighborhood – the average sale price moved up for the 4th consecutive month in row. April’s average was $962,875, up roughly $7,000 – compared to the average in March at $955,182. The condos that traded hands last month were on the market for an average of 61 days before going under contract.

Six of the eight sales were at or above their respective “list” price. All were conventional sales, i.e. no short sales or foreclosures.

Three of the properties that sold during April were in The LUXE building at the corner of 28th and Church Street. Built in 2012, The LUXE totals six upscale condominiums featuring two or three bedroom floor plans. All of the condos in this building have been sold.

Address Type List Price Sale Price Date Sold Days on Market
156 Duncan St 1BR/1BA $699,000 $710,000 4/13/12 76
11 High St #101 2BR/3BA $759,000 $740,000 4/4/12 143
395 Valley St 2BR/1BA $729,000 $770,000 4/25/12 28
208 28th St #203 2BR/2BA $849,000 $849,000 4/5/12 54
208 28th St #202 2BR/2BA $879,000 $895,000 4/6/12 31
200 29th St #5 2BR/2BA $950,000 $1,055,000 4/24/12 20
880 Clipper Ter #2 4BR/3BA $1,149,900 $1,100,000 4/18/12 125
208 28th St #303 3BR/2.5BA $1,549,000 $1,584,000 4/3/12 14
Average $945,488 $962,875 61

 

For more information on these transactions or to inquire about condos for sale in Noe Valley, feel free to call our office at (415) 829-2996.


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