January is the cruelest month for the housing market. Every winter, sales flatline for a month or two, before reviving with the spring.
This year, there were just seven sales in Noe Valley (Subdistrict 5.C) in January and February. That’s the worst showing in my data set, which goes back to 2003. Things picked up smartly, however, in March. Take a look (double click the chart).