Foster City 2014 Condo/Townhouse Statistics

OrderStatistics

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 of units sold. Here’s the history:

2006…240

2007…165

2008…112

2009…140

2010…143

2011…144

2012…156

2013…169

In 2014 the number was 176. Pretty interesting since there has indeed been low inventory. It’s nowhere near the high of 2006 but I suspect that unlike many years, everything that came up sold. Now how about the average prices:

2006…$661,993

2007…$694,026

2008…$635,839

2009…$577,267

2010…$577,150

2011…$512,192

2012…$551,000

2013…$657,000

In 2014 we hit an all time high….$744,522! Most projects in Foster City did indeed have all time highs as well. What’s 2015 going to bring? More all time highs if you ask me. We’ll see…

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