It seems only fitting that since my last few posts have focused on Cole Valley and Noe Valley, we should take a look at them head to head. Since Cole Valley has relatively few monthly sales, I’ve compared median values on an annual basis. Here are the results (click):
Say what you want about the two valleys, you’re going to pay more if you live in Cole. About $200,000 more, to be precise. Before you conclude that the premium all but vanished in 2009, remember that there have only been five Cole Valley home sales so far this year. Way too few to conclude anything other than that nothing’s selling or that homeowners are so addicted to the breads and pastries at La Boulange that they can’t leave.