Average condo price in Noe Valley continues to exceed $1 Million

During the month of July six (6) condominiums sold in Noe Valley. The average sale price was down slightly from June, however still easily exceeded the $1M threshold and came it at $1,020,833. The heated sellers market continued as buyers competed for the limited number of condos offered for sale.  Five of the six condos that traded hands last month sold at or above their respective list price. The July sales included a mix of two, three, and four bedroom residences. These condos were on the market for an average 34 days before attracting a buyer and going under contract. All were conventional sales, i.e., no bank-owned foreclosures or short sales.

Address Type List Price Sale Price Date Sold Days on Market
3632 25th St 2BR/1BA $825,000 $825,000 7/3/12 47
747 Grand View Ave 2BR/2BA $925,000 $900,000 7/31/12 35
4272 24th St 2BR/1BA $849,000 $923,000 7/18/12 39
4235 23rd St 2BR/2BA $879,000 $930,000 7/20/12 18
66 Fountain St 3BR/2BA $995,000 $1,068,000 7/19/12 32
1022 Sanchez St 4BR/2BA $1,479,000 $1,479,000 7/27/12 32
Average $992,000 $1,020,833 34

 

This post is part of our ongoing series detailing residential sales in Noe Valley. Feel free to give us a call at (415) 829-2996 to inquire about homes for sale in this neighborhood.

Article by John Downing

RELATED CONTENT