Archives for January 2015

Amateur Hour

OK, I know I probably sound like an egotistical jerk here…but here comes a rant. I’m not sure why this is, but so far in 2015 I seem to be running into more ridiculously amateurish real estate agents than I think I’ve ever seen. Unfortunately they seem to have listings that I have clients interested […]

Exponential

A couple of posts ago I marveled at the listed price of the house on Beach Park that’s up for $1,748,000 and a couple of posts prior to that I marveled at the price for the house at 908 Constitution that was listed $100,000 over the sales price of a similar comp that was a […]

Foster City 2014 Condo/Townhouse Statistics

As I’ve mentioned before on this blog, condo/townhouses are a lot more difficult to draw conclusions about because there are problem projects and great projects and some are way up and others not so much. Thus that should be considered when thinking about the overall statistics about FC. Let’s get started…how about the total number […]

Foster City 2014 Statistics

So every year I write this post and the story has been pretty much the same…less sales as the result of bad inventory. Last year I marveled at the fact that only 106 single family houses sold in 2013 and how that was the lowest number since the lean year of mortgage meltdown in 2008…when […]

Highs & Lows 2014-Condo/Townhouses

OK, so how about these guys:   MOST EXPENSIVE CONDO/TOWNHOUSE: 740 Promontory Point #3404 This large 2697 sq ft unit sold for $1,290,000. The high in 2013 at Promontory Point was $1,012.500. Same size place. HIGHEST PRICE PER SQUARE FOOT: 834 Erickson at Winston Square, in only 1380 sq ft, sold for $1,050,000…a whopping $760.00 […]

Highs & Lows 2014-Houses

    Happy New Year! Now let’s see what happened in 2014.   MOST EXPENSIVE HOUSE; 620 Portsmouth This 5 bedroom, wide water gem at Whalers in 2710 sq ft sold for $1,930,000. The 2013 high was an aberration, a 4300 sq ft waterfront that went for $2,225,000. The 2012 high was $1,520,000.   HIGHEST […]

Numbers

I saw some numbers this morning that shocked me…and that’s actually kind of an amazing thing all by itself. In 2013 (which was a great year by the way) the slowest month for sales was, not surprisingly, December. In December of 2013 there were 1188 transactions. Compared that to 1878 transactions in September of 2013…the […]