Getting There

turtles1

So far the recovery of the Foster City real estate market isn’t happening fast…but it is happening. Sort of like these turtles, their progress isn’t particularly speedy but they’re getting there. As of today there are 30 single family homes on the market and 16 pending sales. That’s actually a pretty good ratio, considering the fact that we’ve had over 40 listings at one time this year and as littel as 3 pending sales at one point in time. I wrote a post on April 14 and at that time there were 38 single family homes, 8 pending sales and 14 houses listed over $1.2 mil. Of the 30 active listings today 9 of them are priced over $1.2 mil while a total of 13 houses are listed currently under $1,000,000. It wasn’t that long ago when it was a real rarity to find any house under $1mil in FC. A change has come.

Here’s some new listings that will be sort of fun to watch.

298 Killdeer Ct listed by Max Lo of Green Banker for $899,000. Yikes, it wasn’t that long ago that this 3 bedroom floorplan was bumping $1,000,000. This is a nice house at the end of a cul-de-sac and shows nicely. Killdeer is one of those streets with their own little private park too.

130 Trimaran listed by Sue Walsh of Cashin for $989,000. Nice 2030 sq ft 3 bedroom house on a large 8450 sq ft lot. The house has a big in ground pool too.

229 Stilt Ct listed for $873,800 by Rumana Jabeen of Coldwell Banker for $873,800. Same floorplan as Killdeer and located just across the park from it as well. Priced a little better too. Both are good houses.

There have been some multiple offer stories in Foster City lately as well. Like I said…the market is slowly coming to life.

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