Average Noe Valley Home Sales Topped $2 Million During February

With a seller’s market remaining in full swing a handful of pricey homes sold last month in Noe Valley. All but one of them sold in excess of $2 million.

During February eight (8) single-family homes traded hands at an average price of $2,585,000. These homes were on the market for an average of 40 days before going under contract.

A few notes: The home at 55 Homestead St traded for the 1st time in 50 years. The sale of 921 Alavardo St included a 1BR in-law unit and a 2BR detached cottage. 220 Jersey St offered the opportunity to add some upstairs living space. The sale of 913 Alvarado St was a rehab flip deal (it was bought in March 2011 for $1,635,000). 545 Valley St was also a rehab flip (prior sale in February 2013 for $1,350,000). 630 27th St was designed by highly regarded local architect John Maniscalco. The home at 4365 26th St was another full rebuild project that obtained enviro-friendly LEED Platinum status post renovation.

For more info or if you are looking for some help navigating our very challenging real estate market, feel free to drop us a line. We are happy to help.

Address Type List Price Sale Price Date Sold Days on Market
55 Homestead St 2BR/1BA $949,000 $950,000 2/28/14 108
921 Alvarado St 6BR/4BA $1,799,000 $2,150,000 2/7/14 22
220 Jersey St 3BR/3BA $1,795,000 $2,315,000 2/19/14 13
913 Alvarado St 4BR/3BA $2,200,000 $2,490,000 2/28/14 13
556 Elizabeth St 4BR/3.5BA $2,395,000 $2,500,000 2/25/14 81
545 Valley St 4BR/3.5BA $2,549,000 $2,500,000 2/14/14 52
630 27th St 4BR/3BA $3,095,000 $3,775,000 2/26/14 11
4365 26th St 4BR/3.5BA $3,995,000 $4,000,000 2/7/14 20
Average   $2,347,125 $2,585,000   40
Median   $2,297,500 $2,495,000   21

 

Sale prices and market data are based on information from the San Francisco Association of Realtors Multiple Listing Service.
MLS data is deemed reliable but is not guaranteed.

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