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 September 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

$2,105,000

$1,111/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$305,000(+16.9%)

Key Takeaway

Homes in Noe Valley have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Noe Valley was $2,105,000 in September 2024, up 16.9% from last year, and the median price per square foot was $1,111.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $726K$720K
-0.8%
2 $1.4M$1.3M
-0.7%
3 $2.1M$2.2M
+6.0%
4 $2.4M$3.2M
+30.5%
5+ $2.4M$3.3M
+38.1%

Summary: Noe Valley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes increased by 38.1%.

Median Sold Price Compared To Nearby Neighborhoods

Noe Valley
+16.9%
Central
+8.7%

Housing Supply in Noe Valley, CA

How many homes are available in Noe Valley, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7488+18.9%

Summary: The Noe Valley real estate market had 88 homes for sale in September 2024, a 18.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 42
-50.0%
2 1520
+33.3%
3 2324
+4.3%
4 1925
+31.6%
5+ 1317
+30.8%

Summary: The Noe Valley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 30.8%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
917+88.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 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. 70.6% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Noe Valley in September 2024, up by 88.9% month-over-month. Of the 17 sold homes, 24% were sold under asking, 6% were sold at asking, and 71% 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

Sep 2023Sep 2024CHANGE
50 Days33 Days-33.7%

Summary: Homes in Noe Valley had an average of 33 days on market in Sep 2024, down by 33.7% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 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 September 2024, 17 homes were sold in Noe Valley; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% 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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