Foster City 2016 Condo/Townhouse Statistics

In 2016 the number of total units was 152. That’s down from 164 in 2015 but still pretty decent. Price averages were a tad different.   2006…$661,993 2007…$694,026 2008…$635,839 2009…$577,267 2010…$577,150 2011…$512,192 2012…$551,000 2013…$657,000 2014…$744,522 2015…$936,000 I was sort of thinking that we might hit the a million as an  average in 2016….but we were close! […]

Foster City 2016 Statistics

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 […]

Highs & Lows 2016-Condo/Townhouses

Last year I reported that there were 70 condo/townhouses sold for $1,000,000 or more. In 2016 there were 75. That actually did include a condominium for the first time. Here’s the overall poop. MOST EXPENSIVE CONDO/TOWNHOUSE:   1117 Lord Nelson This wide waterfront unit sold for $1,525,000, listed for $1,275,000. Last year I mentioned that 9 townhouses sold […]

Highs & Lows 2016-Houses

What’s the year been like?   MOST EXPENSIVE HOUSE: 1016 Flying Fish This 5 bedroom place closed at a whopping $3,008,500. When do you suppose this particular category shifts? Ever? In 2014 there weren’t ANY houses close over $2mil. Then in 2015 11 houses went over that number. Last year….16. This is the only one over […]

Bubble Schmubble

OK, I’m officially over it. I’m sick to death of hearing about “The Bubble” and how it’s certain to burst. For those of you harping on this out there…GET OVER IT! What we’re experiencing here ain’t no freakin bubble. There’s a more accurate term for our market…normal. Adapt to it, roll with it…come to terms […]

Ebbing and Flowing

Honestly, I’m not entirely sure what the meaning of this pic is…but it’s really pretty cool. Plus, if I do just a little mental gymnastics I can make it fit the Ebb and Flow imagery. This year started with a bang. Actually, last year ended that way. December was as hot as any December that […]

Foster City 2015 Condo/Townhouse Statistics

The total number of units selling in Foster City is really pretty consistent over the last few years. 2006…240 2007…165 2008…112 2009…140 2010…143 2011…144 2012…156 2013…169 2014…176 In 2015 we did 164. Clearly there was no problem selling anything. How about those dreaded 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 2014…$744,522 In […]

Foster City 2015 Statistics

This discussion gets wilder each year it seems. The numbers seem to get more astonishing each year too. The total number of houses sold in 2015 was 103 in Foster City. Up from 99 in 2014 and in the same relative low range that we’ve had for several years now. Average days on the market […]

Highs & Lows 2015-Condo/Townhouses

On April 3 2014 I wrote a post where I predicted that we were about to see townhouses sell in Foster City for over $1,000,000. In 2015 there were 70 Condo/townhouses sell for at least $1,000,000. Amazing!! MOST EXPENSIVE CONDO/TOWNHOUSE: 807 Magellan This 4 bedroom, 2030 sq ft townhouse (off water) sold for $1,410,000. Listed for $1,088,000. […]

Highs & Lows 2015-Houses

OK, this should be interesting!   MOST EXPENSIVE HOUSE:  813 Grenada This 5 bedroom house in Plum Island was listed for $2,200,000…and closed at $2,777,888. The high in 2014 was $1,930,000. Incredibly…in 2015 there were 11 houses close over $2mil.   HIGHEST PRICE PER SQUARE FOOT: 539 Trinidad This 2010 square foot, 3 bedroom house sold […]