So what’s the deal with Noe Valley? Has it demonstrated resilience in the face of the down market? Or is it cruising for a bruising?
We wanted to find out, so we ran some numbers to give us the scoop. Our analysis consisted of looking at median sales prices in Noe for both single family homes and condos dating back seven years. We really wanted to include the current year in the data, so we capped each year at October 15th. All data comes straight from MLS (we don’t make this stuff up, folks). Here is a look at the chart:
The median sales price for single family homes in 2007 was $1,383,000 compared to this year’s Read the rest of this entry ?