Foster City 2016 Statistics

stats

Guess what? The average home values rose again in 2016. Big surprise, huh? The total number of houses  that sold in 2016 was 99. The same number as 2014 and down 4 houses from 2015. The average days on the market was 21 up from 16 in 2015. Below is the running total of average home values in the last 10 years in Foster City;

2006…$1,078,000

2007…$1,113,000

2008…$1,118,000

2009…$1,010,000

2010…$1,004,000

2011…$976,000

2012…$1,021,000

2013…$1,236,000

2014…$1,359,000

2015…$1,565,000

Decent appreciation, wouldn’t you say. The 2016 average was $1,600,000. From $976,000 to $1,600,000 in 5 years. Amazing! Every house in Foster City sold for $1,200,000 or more in 2016.

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