Is Noe Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Noe Valley is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Noe Valley has remained a Seller's Market.

Key Takeaway

Noe Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Noe Valley, CA

How much do homes in Noe Valley, CA cost?

Median Sold Price

$2,150,000

$1,138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$310,000(+16.8%)

Key Takeaway

Homes in Noe Valley have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in Noe Valley was $2,150,000 in November 2024, up 16.8% from last year, and the median price per square foot was $1,138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $726K$707.5K
-2.5%
2 $1.2M$1.4M
+9.1%
3 $2.1M$2.2M
+4.8%
4 $2.4M$3.0M
+24.3%
5+ $2.5M$3.2M
+25.2%

Summary: Noe Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 25.2%.

Median Sold Price Compared To Nearby Neighborhoods

Noe Valley
+16.8%
Central
+9.0%
Diamond Heights
-2.3%

Housing Supply in Noe Valley, CA

How many homes are available in Noe Valley, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6943-37.7%

Summary: The Noe Valley real estate market had 43 homes for sale in November 2024, a 37.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 147
-50.0%
3 2312
-47.8%
4 1913
-31.6%
5+ 129
-25.0%

Summary: The Noe Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 47.8%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2916-44.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Noe Valley, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Noe Valley in November 2024, down by 44.8% month-over-month. Of the 16 sold homes, 31% were sold under asking, 6% were sold at asking, and 63% were sold over asking.

Days on Market for Noe Valley, CA

How long does it take to sell a home in Noe Valley, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days37 Days+55.6%

Summary: Homes in Noe Valley had an average of 37 days on market in Nov 2024, up by 55.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Noe Valley are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in Noe Valley; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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