May 2000 RETURN TO HOME PAGE FEEDBACK

Here are the latest figures on house sales and apartment rentals, supplied to the Voice by Zephyr Real Estate on 24th Street and Rent Tech Rentals and Roommates. (Note that the rental data this time covers three months, January through March 2000. In both surveys, "Noe Valley" is defined as the area bounded by Grand View, 22nd, Guerrero, and 30th streets.) The tables show that March home buyers had to bid 10 to 25 percent over the asking price to land a piece of property in Noe Valley, and that renters are paying 60 percent more for housing than what they paid four years ago. You also might be interested to learn that San Francisco General Hospital offers free stress management classes, or that the San Francisco Rent Board's counseling and information line is (415) 252-4600. --Sally Smith, Editor

Noe Valley House Sales ­ March 2000*

	Total Sales	Low Price ($)	High Price ($)	Average Price ($)	Days on Market	Sale Price as % of List Price
Single-family homes	12	535,000	1,455,000	842,125	18	125%
Condominiums	4	375,000	975,000	695,000	13	111%
2 to 4 unit buildings	3	670,000	1,100,000	853,335	20	112%
5+ unit buildings	0

*Information provided courtesy of Zephyr Real Estate (www.zephyr-re.com) and based on sales recorded March 1-31, 2000.

Noe Valley Rent Prices**

Size of Apartment	Average Rent, March 2000	Average Rent, March 1996	% of Units Currently for Rent
Studio	$1115	$675	9%
1 bedroom	$1625	$990	25%
2 bedrooms	$2400	$1375	40%
3+ bedrooms	$2850	$2110	25%

**Data based on Noe Valley apartments listed by Rent Tech Rentals and Roommates (www.renttech.com).