Noe Valley Condo Inventory Spikes for Summer

Not only have Noe Valley residents busted out their grills for summer, but several of them have decided to break out the For Sale signs on their condos, too.

A total of nine condos hit the market in Noe Valley over the past week, ranging in price from $669,000 to $1,038,000. And you can add these to the other 21 condos in Noe that are already on the market. But it seems like buyers aren’t hesitating to make purchases in this property category and neighborhood; a total of 35 condos have sold since January, with a median price of $848,000. The most expensive unit sold was at 1068 Sanchez, a3BR/3BA, 1,753-square foot property that sold for $1,625,000. In fact, twelve of the sold properties had $1M+ selling prices—buoyed by four luxury condos sold at the new Nove project on Guerrero—which tells you that Noe Valley is still attracting affluent buyers.

And it seems like listings are being absorbed at a pretty good pace.

If you’re a buyer looking to get into Noe, you have a lot from which to choose. I wouldn’t necessarily say it’s a genuine buyers’ market in the neighborhood, but over the next few weeks, it could spin in that direction.

Just Listed: Flower Market Loft in SoMa

Fresh on the market today, my new listing at 590 6th Street #309 in the Flower Market Loft building is an excellent, spacious unit with a flexible floor plan and wonderful natural light.

The main level features a guest/media room, washer/dryer, full bath, kitchen and dining/living space. There’s a master suite upstairs that leads to a deeded patio, as well as a separate office area. This is a loft, so rooms aren’t enclosed. But you definitely get distinct areas that will work for whatever living spaces you need. There’s also one-car parking and some adjacent storage.

List price is $649,000, and our first open is this Sunday, June 6th from 2:00-4:00. Stop by and say hello!

Dolores Mansions Search for Deep-Pocketed, Hip Buyers

It’s not often that two grand-scale properties come on the market along Dolores. But the holiday weekend really ushered them in. First up is the 5BR/3.5BA residence at 1148 Dolores:

This one is on my dog-walking route when I’m feeling ambitious and want to walk straight up the hill along Dolores. I’ve admired it for a while, and was thrilled to see it come on the market. The Mediterranean-style manse clocks in at 3,250 square feet, and also has a garden studio (located on 14 Jersey). Of special note, according to the listing agents, Italian craftsmen were brought over to complete the house at the time of its construction. So you have custom plaster work and tile work, and a very unique aesthetic quality.

I’m digging the garden:

But I’m not hot on the master bath, “periodic” as it may be:

There are buyers out there who would love all the 1930s details, pink bath and all. Hopefully they’ll have $3M worth of purchasing power, ’cause that’s the list price.

And further north is the return of 601 Dolores:

You know this one—the “castle on the park” that was on the market throughout 2009 listed at $9,950,000. It’s a single-family home converted from a church, located directly across from Dolores Park. The 3BR/2.5BA property was not previously staged, but now they’ve brought in some furniture so you can figure out where the heck to put everything:

The price has come down to a much more affordable $7,490,000. For that you get a living room with soaring, hand-painted ceilings (with seven chandeliers) as well as stained-glass windows. The main level has a chef ‘s kitchen, large formal dining room, two fireplaces, marble bath and yes, a stage. So if you’re a rock star who hasn’t quite warmed to the Warfield condos, think about 601 Dolores. You’d be right across the street from all the action at the park.

Just Sold: 233 Franklin #204 (LindenHayes)

I just sold a great 1BR/1BA condo at LindenHayes at the end of last week. The unit faces Franklin and get nice natural light, has very high-end finishes and is on the courtyard level. List price was $529,000.

LindenHayes is in an excellent location, within close proximity to public transportation, the Symphony, Ballet and Opera. There’s also a multitude of restaurants and shops nearby (and a new gym at Gough and Fell!). There are still some one-, two- and three-bedroom units available. Give me a call if you or anyone you know may be interested, and I can schedule a showing.