Listed for $2,195,000 in 2008 and $1,895,000 in 2010, the single-family Noe Valley home at 1430 Diamond has returned to the market in 2012 listed for $1,795,000.
In general, the smaller the home the higher the price per square foot, and at 2,900 square feet, 1430 Diamond is well above the neighborhood average. That being said, having been listed at $619 per square foot in an area when the average home is currently trading at closer to $900 per square, a reader can’t help but wonder if this is another example of pricing well below market to generate traffic (while “wasting a lot of people’s time and attention” and “breaking many hearts”).
With the observer effect now in play, if you think you know Noe, now’s the time to tell.
∙ Listing: 1430 Diamond (4/4) 2,900 sqft – $1,795,000 [1430diamond.com]
∙ Have You Heard The One About The House With Over 50 Offers? [SocketSite]