Playing Lo-Mid-Hi in Noe Valley
November 13, 2008Welcome to “Lo-Mid-Hi”… another fun periodical post on Inside SF Real Estate. We’ll be showing you what your money buys at all three levels on a neighborhood by neighborhood basis.
We’ll kick it off in Noe Valley. Why Noe? Because out of all the analytical articles we’ve published in our short (but awesome!) life as a blog, we’ve received the most hits on our Noe Valley post. So in the spirit of giving the people what they want, here we go.
As I write this, Noe Valley has had 102 single family home sales thus far in 2008 (per MLS). Let’s start with the low sale. Any guesses? It was $850,000, and there were actually three homes that sold for this exact amount.
- 2104 Castro sold in June after 6 days on market. Trust sale, sold as-was.
- 439 Clipper sold in February after 8 days on market. Total fixer, probate sale, sold as-was.
- 1556 Sanchez sold in May after 15 days on market, $51K over the asking price.
So that’s a look at the least expensive homes in the ‘hood this year so far. What about the mid and high? What can your money get you in Noe at those price points?
Continue reading… there’s lots of good info in this one –>Noe’s middle (or median) single family home price in 2008 currently sits at $1,380,500. The closest sale this year was for this place:
- 444 30th Street sold in June after 15 days on market for $1.376M (112% of the asking price)
And now (… drum roll …), we present to you the high sale of 2008 in Noe Valley for single family homes:
- 625 Duncan sold last Friday (11/7) for $5,818,000, just under the asking price of $6,250,000 with zero days on market.
Not too impressed with the photo? Well, neither are we, but that’s the only image they posted on the MLS for this amazing property. The home has 5 bedrooms, 5.5 baths, a 4-car garage, tons of luxury amenities (think wine cellar, tasting room, etc), and views galore. Our friends at theFrontSteps wrote THIS article about it last Friday when it sold.
That wraps it up for this edition of Lo-Mid-Hi. We’ll be bringing it back to you in another ‘hood soon! Oh, and did we mention, we looove comments?
