Noe Valley Comes Roaring Back

While single family home prices for San Francisco as a whole can’t seem to recover beyond being around 18% down from their all-time highs, Noe Valley home prices have come roaring back since the start of the year. The three month moving average for April was down just 1% from its all-time high of March 2008.  In May, the moving average slipped back to 6.5% off the all-time high.  Take a look (click to enlarge):