March 2004
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The Cost of Living in Noe
By Corrie M. Anders
Noe Valley Home Sales*
Total Sales Low Price ($) High Price ($) Average Price ($) Average Days
on MarketSale Price as
% of List PriceSingle-family homes January 2004 4 $725,000 $1,289,000 $1,100,250 37 110% December 2003 14 $600,000 $1,795,000 $1,070,571 33 108% January 2003 10 $580,000 $1,553,500 $936,950 68 98% Condominiums January 2004 2 $470,000 $645,000 $557,500 28 110% December 2003 0 January 2003 0 2 to 4 unit buildings January 2004 2 $851,000 $1,150,000 $1,000,500 21 130% December 2003 6 $800,000 $1,175,000 $1,043,833 29 106% January 2003 4 $895,000 $1,160,000 $1,053,750 60 97% 5+ unit buildings January 2004 0 December 2003 2 $1,350,000 $1,950,000 $1,650,000 42 111% January 2003 0 Noe Valley Rents**
Size of Apartment Average Rents
Oct-Dec 2003Average Rents
one year ago
Oct-Dec 2002% increase (+)
or decrease (-)Studio $1099 $1126 -2.4% 1 bedroom $1387 $1570 -11.7% 2 bedrooms $2052 $2093 -2.0% 3+ bedrooms $2628 $2906 -9.6% *Information provided to the Noe Valley Voice courtesy of Zephyr Real Estate (www.zephyr-re.com) and based on all Noe Valley home sales (escrow closings) recorded during the month. "Noe Valley" in this survey is defined as the area bordered by Grand View, 22nd, Guerrero, and 30th streets.
**Data courtesy of Rent Tech, Inc (www.renttech.com)