Noe Valley Voice December-January 1999-2000
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The Price to Live in Noe Valley

The Noe Valley Voice this month launches a new feature: a table showing average rents and house prices for Noe Valley. We realize this information may be painful to some and exhilarating to others, but we thought you would want to know anyway. (Now don't hit us.) We are grateful to Zephyr Real Estate and Rent Tech for providing us with these statistics. "Noe Valley," for purposes of our survey, is an area bounded by Grand View, 22nd, Guerrero, and 30th streets. The house sales data cover all properties sold in Noe Valley, whether or not they were handled by Zephyr. However, the rental information was derived solely from Rent Tech's listings. Please note that the figures are for two months ago -- October 1999 -- so prices may have gone up or down since.

NOE VALLEY HOUSE SALES -- OCTOBER 1999*

Total Low High Average Average Days Sale Price as

Sales Price ($) Price ($) Price ($) on Market % of List Price

Single-family homes

15 415,000 1,400,000 778,566 21 1 13%

Condominiums

2 350,000 385,000 367,50 0 18 68%

2 to 4 unit buildings

6 499,000 1,261,500 769,583 34� 9;103%

5+ unit buildings

0 -- -- -- -- --

* Information provided courtesy of Zephyr Real Estate (www.zephyr-re.com) and based on sales recorded Oct. 1 ­ 31, 1999.

NOE VALLEY RENT PRICES**

Average Rent Average Rent % of Units for Rent

Size of Apartment October 1999 October 1995 in Noe Valley

Studio $ 1,025 $ 685 9%

1 bedroom 1,580 1,000 25%

2 bedrooms 2,175 1,400 40%

3 to 4 bedrooms 2,750 2,025 25%

* *Data based on all Noe Valley apartments listed by Rent Tech Rentals and Roommates for October 1999 and October 1995. For updates, go to www.renttech.com.