My wife likes to remind me that I always seem to think that the stock market is heading down. Though I don’t generally think of myself as a half empty kind of guy, there may be some truth to the … Continue reading
Listed at $885,000 in November 2008, this little Noe Valley fixer at 4209 24th Street sold for $896,000 in 31 days. Two and half years later, the owners finally got their demolition permit. It only took a few hours for … Continue reading
January is the cruelest month for the housing market. Every winter, sales flatline for a month or two, before reviving with the spring. This year, there were just seven sales in Noe Valley (Subdistrict 5.C) in January and February. That’s … Continue reading
Explain this one to me please. Elegant if dowdy Victorian lists for $2.349 million in September 2010 and sits there for three months with no takers. Relists in April at $2.3 million and in contract seven days later at $250,000 … Continue reading
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The median price of a single family home in Noe Valley in 2010 was $1,221,500. The median price of a condo or TIC was substantially less, at $768,000. Total sales for the year were 233 units, divided evenly between homes … Continue reading
After nearly two years of sharp declines, Noe Valley single family home prices recovered smartly in 2010. Not enough, however, for anyone to claim that Noe Valley is somehow immune from market forces affecting the rest of San … Continue reading
Avid readers of this blog will recall that I hastily pulled my last attempt to post on this subject because of some errors in the data. Horrors. The errors caused 2010 to look like a much stronger year in terms … Continue reading
My last post was about the fact that Noe Valley median home prices are still down 30% from their all time highs despite a smart recovery in median home prices city-wide. This, despite my sense that there seem to have … Continue reading
Judging by the number of houses I’ve seen being redone from the studs up, together with the number of homes that seem to be hitting the market at over $2 million these days, you’d think that Noe Valley real estate … Continue reading
I came across this beautiful wreck during a walk in my ‘hood last autumn and snapped this photo to catch the eerie light through the windows. Purchased a year ago for $700,000, the 1300 sf house has grown to 4BR, … Continue reading
