Archive for September 1st, 2009

h1

Getting Granular in Noe Valley

September 1, 2009

Noe Valley - courtesy of Wikimedia

Looking down towards Noe Valley - courtesy of Wikimedia

In Noe Valley there have been 85 single family home sales recorded in MLS for 2009.  You know what that means!  Time for a trending analysis, as we have a nice long string of sales for the year.  What did we look at?

We calculated the median sales price for single family homes in Noe for the period of January 1 through September 1 of each year dating back to 1995.  A trend became clear after plotting the values on a graph.  But what about inflation?  We added a second line to show what median values look like over the same time period when inflation is accounted for.  The results?

Noe Valley SFH Trends (click to enlarge)

Noe Valley SFH Trends (click to enlarge)

  • In inflation-adjusted terms, Noe’s 2009 median is somewhere between 2003 and 2004.
  • Values have come down 22.05% from peak. Read the rest of this entry ?
Follow

Get every new post delivered to your Inbox.