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Archive for the 'What's For Sale?' Category

Condo/Townhouse Inventory-August

Posted by Jim Minkey on 19th August 2010

Street Address List Price Orig List Price DOM Status A Baths (F|P) Bldg SqFt
740 PROMONTORY POINT LN #3303 788000   7 P 2 2|1 2224
666 CELESTIAL LN 759000   19 P 4 2|1 1700
1103 LORD IVELSON LN 749999   42 A 3 2|0 1530
1045 GALLEY LN 748800   21 A 3 2|1 1530
1072 TILLER LN 748500 759000 70 P 3 2|1 1530
741 CELESTIAL LN 748000 780000 73 P 4 2|1 1920
1055 GALLEY LN 738800   13 A 2 2|1 1420
861 CARINA LN 719000 749000 64 A 3 2|1 1618
648 CELESTIAL LN 715500 740000 42 A 4 2|1 1700
1138 NIMITZ LN 709000 729000 49 P 3 2|1 1700
3 BINNACLE LN 699000   56 A 2 2|1 1620
677 PORTOFINO LN 699000   33 A 2 2|1 1780
707 RADFORD LN 699000   27 A 3 2|0 1350
841 COLUMBA LN 690000   4 A 3 2|1 1546
880 URSA LN 676000   1 A 3 2|1 1546
842 ANDROMEDA LN 668000   19 A 3 2|1 1546
1023 GREBE ST 668000   13 P 4 2|1 1760
225 BONITA LN 659888 695000 106 P 3 2|1 1630
659 BEACH PARK BL 659000   36 A 3 2|1 1340
155 ALBACORE LN 655000 719000 148 A 3 2|1 1630
648 PEGASUS LN 648888 688000 95 A 3 2|1 1470
720 PROMONTORY POINT LN #2109 640000   27 P 3 2|1 2264
715 GALLEON LN 629000 649000 73 A 2 2|1 1290
665 PORTOFINO LN 625000 675000 78 A 3 2|1 2140
143 E COURT LN 615000 625000 48 P 2 2|1 1410
861 BALBOA LN 600000 620000 148 A 2 2|0 1270
880 MERIDIAN BAY LN #309 599000 639000 196 A 3 2|0 1606
878 URSA LN 599000 690000 90 P 3 2|1 1618
844 BALBOA LN 599000 630000 37 P 2 2|0 1490
818 RIGEL LN 598800 688000 157 P 3 2|1 1470
1059 HULL LN 598000 625000 141 A 2 2|0 1240
1111 COMPASS LN #204 598000   29 A 3 2|0 1593
1021 LIDO LN 589900 624900 126 A 2 2|0 1490
831 RIGEL LN 579950 648950 41 P 4 2|1 1600
1061 BEACH PARK BL #312 579888   24 A 3 2|0 1593
851 CARINA LN 574900   22 A 2 1|1 1098
126 ALBACORE LN 572500 495000 91 P 2 2|1 1370
407 CUTTER LN 539000 575000 43 A 2 2|0 1240
880 MERIDIAN BAY LN #312 539000 539000 1 A 2 2|0 1350
860 MERIDIAN BAY LN #123 518000 580000 150 P 2 2|0 1245
2201 ADMIRALTY LN 500000   38 A 3 2|1 1505
671 PORTOFINO LN 499888 528000 49 A 2 2|0 1395
1206 ADMIRALTY LN 499000 559000 112 A 3 2|1 1505
1401 MARLIN AV 499000   8 P 2 1|1 960
1217 ADMIRALTY LN 498000 488000 174 A 3 2|1 1505
1151 COMPASS LN #201 489000   1 A 2 2|0 1286
815 SEA SPRAY LN #303 470000   2 A 2 2|0 1233
1131 COMPASS LN #204 468500   23 P 2 2|0 1349
1170 FOSTER CITY BL #104 467000   16 A 2 2|0 1349
780 SEA SPRAY LN #304 450000 450000 99 A 1 1|0 941
141 ALBACORE LN 449999 489999 34 P 2 2|0 1050
1067 SHELL BL #2 425000   1 A 2 2|0 994
1025 SHELL BL #7 410000 410000 22 P 2 2|0 1042
902 BEACH PARK BL #134 408888 408888 14 A 2 2|0 1060
926 BEACH PARK BL #1 390000   2 P 2 2|0 1060
1017 SHELL BL #6 379950   7 A 2 2|0 994
820 SEA SPRAY LN #114 379000 394000 190 A 1 1|0 953
3105 ADMIRALTY LN 350000   1 P 2 2|0 1247
8104 ADMIRALTY LN 329000   164 A 1 1|0 748
1191 COMPASS LN #210 329000   3 A 1 1|0 990
5102 ADMIRALTY LN 318800   174 P 1 1|0 748
5103 ADMIRALTY LN 299000 308000 73 A 1 1|0 748
7209 ADMIRALTY LN 299000   8 P 2 1|1 998
7211 ADMIRALTY LN 299000   10 P 2 1|1 998

 

Again, more inventory right now than at any other time this year. 42 properties actively for sale and 23 pending sale. That actually doesn’t seem like such a bad ratio to me because the condo/townhouse market sure seems slow. The darker listings above are the actives. Once again, high HOA dues have effected values in many projects and thus we’ve seen prices come down in them. Here’s a sampling of some newer listings that are really nice…and we’ll see if that makes a difference in their days on the market:

1151 Compass #201 listed by Liliane Cools of Cashin for $489,000. This is a really gorgeous unit at Marina Point, but the dues there are $477.00 a month. This one’s been on before and has been reduced from a high of $559,000. It’s going to be interesting to see what the magic number is that sells it.

841 Columba listed by Sue Dickey of Alain Pinel for $690,000. This is a wide waterfront 3 bedroom at Isle Cove where the dues are $488.00 a month. Once upon a time, (in 2006) a wide waterfront there sold for $999,000. This is a good price on this unit…we’ll see how it does?

1067 Shell #2 listed by the Wilkas Group at Prudential for $425,000. Really nice unit at Sand Harbor and the dues are a bit better there too…$375.00. It’s a very cute 2 bedroom place.

This has really been a very “ebb and flow” kind of year. Either super hot, or really slow. You know what? This is the Peninsula…it’s going to get hot again.

Posted in What's For Sale? | 2 Comments »

Single Family Inventory-August

Posted by Jim Minkey on 17th August 2010

Street Address List Price Orig List Price DOM Status Beds Baths (F|P) Bldg SqFt
618 PORTSMOUTH LN 1499941   81 P 4 2|1 2375
715 GATESHEAD CT 1385000   57 A 3 3|0 3140
940 FLYING FISH ST 1299000   23 A 4 2|1 2429
336 DOLPHIN IS 1298888   2 A 4 2|1 2380
1043 MONTEREY AV 1285000   43 A 4 2|1 2400
602 BAHAMA LN 1280000   100 A 3 2|1 2300
940 ARUBA LN 1280000   73 A 3 2|0 1810
827 GRENADA LN 1279900   19 P 3 2|1 2400
622 BAINBRIDGE ST 1250000   8 P 4 2|1 2790
121 BEACH PARK BL 1238000   12 A 4 2|1 2620
710 POLARIS AV 1199990 1225000 60 P 5 1 2680
636 BAINBRIDGE ST 1195000   7 A 4 3|0 2120
700 NIANTIC DR 1179000   9 A 5 3|0 2540
1125 BLYTHE ST 1169888   48 A 4 2|0 2254
870 HADDOCK ST 1160000   15 A 4 4|0 2500
1425 SAINT KITTS LN 1158000   7 A 4 2|1 2070
1179 FLYING FISH ST 1140000   25 A 5 3|0 2540
333 TAMPA CT 1120000 1238000 113 P 4 2|1 1960
612 PORTSMOUTH LN 1088000   21 A 3 2|1 2050
770 POLARIS AV 1080000 1123000 51 A 5 3|0 2260
951 DE LEON LN 1079000   118 A 4 2|1 2760
728 RANGER CI 1028000 1058000 36 A 4 3|0 2400
1256 MARTINIQUE LN 988000   14 A 3 2|1 2010
1112 HALSEY BL 978000 999950 102 A 3 2|0 2030
230 CURLEW CT 975000   22 A 5 3|0 2540
155 FLYING MIST 975000   6 A 3 2|0 2180
609 PLYMOUTH LN 949000 1100000 29 P 2 2|1 1710
420 BEACH PARK BL 949000 989000 25 P 4 3|1 2240
141 TRIMARAN CT 949000 1049000 40 P 4 2|0 1820
353 BOWFIN ST 945000   30 A 4 3|0 2180
990 SWAN ST 945000   20 P 4 2|1 2160
475 NANTUCKET ST 898000   3 P 4 2|0 1600
1144 HALSEY BL 895000   5 P 4 2|1 2490
690 CRANE AV 890000   13 P 4 2|0 1630
291 CURLEW CT 889000   12 A 5 2|0 2010
207 BARKENTINE ST 875000   4 A 3 2|0 1600
122 WILLIAMS LN 874888   22 P 3 2|1 1550
1240 SWORDFISH ST 869000   13 P 3 2|0 1890
55 WILLIAMS LN 859000   34 P 3 2|1 1670
150 Flying Cloud IS 849900 869900 337 A 3 2|0 2210
491 PORT ROYAL AV 849000   265 P 4 2|1 2200
517 SAINT VINCENT LN 839000 899000 50 A 3 3|0 1470
52 WILLIAMS LN 839000   130 P 4 3|0 1690
1312 HALIBUT ST 825000   11 P 4 2|0 1900
919 GULL AV 825000 959000 131 P 4 2|0 1930
231 MAINSAIL CT 800000   34 P 3 2|0 1650
830 CHRYSOPOLIS DR 799000 839000 64 A 3 2|0 1640
854 CONSTITUTION DR 750000   23 A 3 2|0 1760
652 CELESTIAL LN 699000 730000 64 A 4 2|1 1700

Well, there sure is more inventory right now. As of today there are 33 active listings on single family homes in Foster City and 21 pending sales. It’s a funny market right now too. There’s lots of folks looking but not taking the plunge. In the last two weeks there’s been 10 new listings coming on the market as well…so the choice for buyers is certainly at it’s highest level so far this year. Here’s s sampling of some of the newer properties:

251 Sandpiper listed by David Young of Coldwell Banker for $885,000. OK, so it has a foundation issue…it’s priced pretty darn well. It’s a 4 bedroom, 3 bath, 2250 sq ft house. I think it’s a good opportunity even with the work.

1425 St.Kitts listed by David Tapper of Cashin Company for $1,158,000. This is a really gorgeous house in Antigua with some wonderful landscape and a really nice kitchen. It’ll be interesting to see how it does.

1256 Martinique listed by me for $988,000. This is a really great 3 bedroom house, huge master suite, good location at Pitcairn. I can’t resist touting it!

August is typically, in my experience, a slow month. Vacations? I don’t really know…but it’s been that way. It’ll be interesting to see!

Posted in What's For Sale? | No Comments »

Condo/Townhouse Inventory-April

Posted by Jim Minkey on 29th April 2010

Street Address List Price Orig List Price DOM Status Beds Baths (F|P) Bldg SqFt
961 VASCO DA GAMA LN 875000 73 A 4 2|1 2030
741 CELESTIAL LN 780000 11 A 4 2|1 1920
1145 NIMITZ LN 775000 799000 59 A 3 2|0 1530
700 PROMONTORY POINT LN #1306 749947 39 A 3 2|1 2224
973 MARQUETTE LN 729000 61 A 3 2|1 1640
1138 NIMITZ LN 729000 8 A 3 2|1 1700
760 NEPTUNE LN 729000 4 A 4 2|1 1700
1035 RUDDER LN 720000 6 P 3 2|1 1880
1024 CONDOR LN 719750 7 P 3 2|1 1670
30 BINNACLE LN 719000 35 A 2 2|1 1620
1030 HULL LN 719000 7 P 2 2|1 1440
155 ALBACORE LN 699000 719000 40 A 3 2|1 1630
709 FOSTER CITY BL 699000 46 P 3 2|1 1465
225 BONITA LN 695000 2 A 3 2|1 1630
878 URSA LN 690000 25 A 3 2|1 1618
216 VILLAGE LN 688000 56 P 2 3|0 1630
1046 GULL AV 679888 9 P 4 2|1 1760
818 RIGEL LN 675000 688000 56 A 3 2|1 1470
606 PAVO LN 669000 729000 81 P 3 2|0 1370
1068 EAGLE LN 669000 32 P 3 2|1 1290
719 GALLEON LN 669000 32 P 2 2|1 1290
1449 MARLIN AV 668888 18 P 3 2|1 1530
833 JUNO LN 659888 14 A 3 2|1 1330
7 E COURT LN 655000 26 A 2 2|1 1530
880 MERIDIAN BAY LN #309 639000 88 A 3 2|0 1606
808 VOLANS LN 638000 33 A 3 2|1 1618
844 BALBOA LN 630000 8 A 2 2|0 1490
860 MERIDIAN BAY LN #228 629000 53 A 3 2|0 1606
3 E COURT LN 629000 12 A 2 2|1 1530
1059 HULL LN 625000 33 A 2 2|0 1240
835 COLUMBA LN 625000 649000 190 P 3 2|1 1546
1021 LIDO LN 624900 18 A 2 2|0 1490
861 BALBOA LN 620000 40 A 2 2|0 1270
815 PEARY LN 620000 36 A 3 2|1 1340
936 LIDO LN 618000 628900 50 A 2 2|0 1395
209 TOWN GREEN LN 615000 17 P 2 2|1 1370
650 CELESTIAL LN 602900 614900 49 P 3 2|1 1430
55 COMMONS LN 599000 9 P 2 2|0 1230
885 BALBOA LN 595000 618000 90 A 2 2|0 1270
905 EMERALD BAY LN 580000 32 P 2 2|1 1530
1218 MOONSAIL LN 575000 600000 178 P 2 1|1 1350
126 ALBACORE LN 572500 495000 91 P 2 2|1 1370
1206 ADMIRALTY LN 559000 4 A 3 2|1 1505
236 COMMONS LN 550000 13 P 2 2|0 1230
744 CELESTIAL LN 548000 618000 41 P 2 1|1 1270
860 MERIDIAN BAY LN #123 535000 580000 92 A 2 2|0 1245
2209 ADMIRALTY LN 529950 23 A 3 2|1 1505
613 PORTOFINO LN 499000 9 P 2 2|0 1395
1217 ADMIRALTY LN 488000 28 P 3 2|1 1505
1171 COMPASS LN #314 470000 66 A 2 2|0 1270
800 SEA SPRAY LN #210 468000 221 A 2 2|0 1213
815 SEA SPRAY LN #103 458103 28 P 2 2|0 1233
1151 COMPASS LN #108 450000 145 A 2 2|0 1286
141 ALBACORE LN 449999 34 P 2 2|0 1050
1061 BEACH PARK BL #107 439000 65 A 2 2|0 1286
1025 SHELL BL #7 410000 22 P 2 2|0 1042
218 ALBACORE LN #D20 409000 6 A 1 1|0 724
1191 SW COMPASS LN #108 399000 179 A 2 2|0 1286
1025 SHELL BL #8 398000 7 P 2 2|0 1042
820 SEA SPRAY LN #114 388000 394000 82 A 1 1|0 953
178 ALBACORE LN 385000 405000 144 P 1 1|0 724
1075 SHELL BL #11 374950 4 P 2 2|0 1042
5102 ADMIRALTY LN 335888 367000 74 A 1 1|0 748
8104 ADMIRALTY LN 329000 56 A 1 1|0 748
7201 ADMIRALTY LN 309000 30 P 2 1|1 998
7211 ADMIRALTY LN 299000 10 P 2 1|1 998

In February Foster City had 28 active listings and 25 pending sales when I did this report. The inventory has only gone up slightly, to 34 active listings and there are 30 pending sales (pendings are light color). That really is a pretty good ratio! It’s also interesting that 17 of those 30 properties sold in April. The market is healthy! Yet, it’s really interesting how other properties have just been sitting for a long time. In many cases, it’s the over priced property that’s been sitting for a long time…and there’s plenty of those. If it’s clean, remodeled and priced right it’s gone quickly. Here’s some examples:

225 Bonita listed by Sue Dickey of Alain Pinel for $695,000. I was going to talk about nice new listings…but all the best ones sell right away! Take this one for example. It’s an absolutely stunning 3 bedroom unit at Marina Green. It came up on Sunday and sold yesterday. Why not, it was priced well and it was drop dead gorgeous.

1035 Rudder listed by the illustrious Richard Williamson of Re/Max Today for $720,000. Ditto the last entry, another gorgeous 3 bedroom unit at Bayfront Court. Incredible place…this one took 6 days to sell.

55 Commons listed by Cheryl V with Achievers Real Estate for $599,000. Sold in 9 days at CityHomes. 2 bedrooms, 2 baths, again…gorgeous. Priced well and it’s gone right away.

The amazing thing is, there’s so many overpriced, mediocre units out there right now that I think will probably be sitting forever. When the new, nice units like these come up buyers will snap them up.

Posted in What's For Sale? | 4 Comments »

Single Family Inventory-April

Posted by Jim Minkey on 27th April 2010

Street Address List Price Orig List Price DOM Status Beds Baths (F|P) Bldg SqFt
851 GRENADA LN 1498000   23 P 4 2|1 2530
205 SURFBIRD 1299888   19 P 5 3|1 3070
607 SANTA CATALINA LN 1290000   3 A 3 2|1 2240
780 CATAMARAN ST 1259000   71 A 5 3|0 2540
788 CORONADO LN 1235000   13 P 4 3|0 2360
701 BAFFIN ST 1229000   37 A 4 2|1 2270
333 TAMPA CT 1168000 1238000 30 A 4 2|1 1960
168 SHOOTING STAR IS 1150000 1238000 31 A 4 2|0 2500
517 SAINT THOMAS LN 1149000   15 P 4 3|0 2300
1330 MARLIN AV 1098000 1148888 58 A 4 3|0 2450
321 CUTTER ST 1098000   49 A 4 3|0 2450
850 GULL AV 1097800 1178000 93 A 4 3|0 2160
251 LOON CT 1095000 1179000 165 A 4 3|0 2790
801 TAURUS DR 1080000   41 A 4 2|1 2000
951 DE LEON LN 1079000   8 A 4 2|1 2760
1157 BLYTHE ST 1053000   6 A 3 2|0 2030
420 BODEGA ST 1049000   2 A 4 3|0 2360
291 CURLEW CT 988000   52 A 5 2|0 2010
853 POLARIS AV 969000   13 P 3 2|0 1800
279 HUDSON BAY ST 949000   10 A 4 2|0 1800
609 PLYMOUTH LN 949000 1100000 29 P 2 2|1 1710
1134 POLYNESIA DR 948000 988000 112 A 3 2|0 1640
110 YAWL CT 927000   3 A 4 2|0 1860
937 CONSTITUTION DR 908000   9 P 4 2|0 1700
627 PILGRIM DR 905000   2 A 4 2|0 1920
1100 BLYTHE ST 899000   110 A 4 2|1 2120
310 CHESAPEAKE AV 899000   23 A 4 2|0 1470
527 NOTTINGHAM LN 899000   9 P 4 2|1 1970
628 BRIDGEPORT LN 895000 915000 36 A 2 2|1 1710
861 REGULUS ST 889000   7 P 4 2|0 1800
150 FLYING CLOUD IS 869000 924900 227 A 3 2|0 2210
919 GULL AV 859000 959000 72 A 4 2|0 1930
52 WILLIAMS LN 859000 888000 44 A 4 3|0 1690
808 GULL AV 850000   44 A 3 2|0 1340
1372 MARLIN AV 849000   181 A 5 2|0 2010
491 PORT ROYAL AV 849000   85 P 4 2|1 2200
250 PELICAN CT 830888 839888 28 A 4 2|0 1630
291 STILT CT 820000   14 P 5 2|0 1930
1381 TARPON ST 815000   3 A 3 2|0 1630

 

It’s just a tad different right now versus what it was a few months ago. There’s a ton more inventory in Foster City that wasn’t here then. In February, there was 15 single family homes on the market here with 13 pending sales. Today there are 28 single family on the market and, oddly enough, 13 pendings (in red above). In the last 2 weeks we’ve seen 8 new houses come on the market. I think it’s a certainty that an increase in inventory will mean less activity per house with the home selling for less than it could have just a few months ago…but we’ll see. I have no doubt that we’re also just beginning to see the increased inventory too. Here’s a sampling of some of the newer listings:

1381 Tarpon listed by Rumana Jabeen of Coldwell Banker for $815,000. This one is certain to go quickly! It’s a 1640 sq ft 3 bedroom, 2 bath house that needs some updating. It’s a really good price folks…

951 DeLeon listed by Sue Dickey of Alain Pinel for $1,079,000. This is a really gorgeous unit at Bayporte. A 4 bedroom, 2.5 bath model with 2760 sq ft. Tons of remodeling…it’s nice!

420 Bodega listed by Bob Lahl of Re/Max Today for $1,049,000. The Kay St. Tropez…just a few years ago this model was selling for over $1,300,000 in Foster City. It’s actually a great floor plan and it has 4 bedrooms and 3 baths in 2360 sq ft. It’s a good deal…

Posted in What's For Sale? | No Comments »

Condo/Townhouse Inventory-February

Posted by Jim Minkey on 11th February 2010

 

Street Address Status List Price Orig List Price DOM Beds Baths Bldg SqFt
740 PROMONTORY POINT LN #3104 A 898000   123 2 2|1 1980
19 BINNACLE LN P 778000   84 3 2|1 1860
1003 STERN LN A 749800   8 2 2|1 1580
1043 GALLEY LN A 749000   125 2 2|1 1440
18 DORY LN P 748000   5 3 2|1 1860
606 PAVO LN A 729000   21 3 2|0 1370
1109 LORD IVELSON LN P 724950 749000 49 3 2|0 1350
763 FOSTER CITY BL A 718000 755000 81 4 2|1 1790
1120 FORRESTAL LN A 705000 735000 64 3 2|0 1350
1036 HELM LN P 698000   17 3 2|1 1880
660 CYGNUS LN P 688888   17 3 2|1 1600
860 MERIDIAN BAY LN #336 A 659000   165 3 2|0 1606
720 PROMONTORY POINT LN #2308 P 650000 699000 54 2 2|1 2224
880 MERIDIAN BAY LN #309 A 639000   7 3 2|0 1606
835 COLUMBA LN P 632000 649000 86 3 2|1 1546
952 DIAZ LN P 624000 639000 59 2 2|0 1260
9 E COURT LN A 619000   15 2 2|1 1410
744 CELESTIAL LN A 618000   21 2 1|1 1270
885 BALBOA LN A 618000   9 2 2|0 1270
59 COMMONS LN P 615000   9 2 2|1 1410
650 CELESTIAL LN P 614900   16 3 2|1 1430
1001 LIDO LN A 599000 615000 81 2 2|0 1395
862 BALBOA LN #15A A 599000 630000 27 2 2|0 1270
105 CITYHOMES LN A 599000   4 2 2|1 1410
880 MERIDIAN BAY LN #303 A 598000   77 2 2|0 1350
17 E COURT LN A 589500   7 2 2|0 1230
814 BALBOA LN A 589000 610000 116 2 2|0 1270
1171 COMPASS LN #112 A 589000   63 3 2|0 1593
860 MERIDIAN BAY LN #123 A 580000   11 2 2|0 1245
1218 MOONSAIL LN A 575000 600000 102 2 1|1 1350
800 SEA SPRAY LN #215 P 570000   95 3 2|0 1546
1599 BEACH PARK BL P 535000 580000 96 2 1|1 960
860 MERIDIAN BAY LN #229 A 528000 568000 99 2 2|0 1350
1129 POLYNESIA DR P 519988 524988 61 2 1|1 980
1151 COMPASS LN #204 A 510000 505000 179 3 2|0 1593
126 ALBACORE LN P 495000   5 2 2|1 1370
1170 FOSTER CITY BL #103 P 479999   49 2 2|0 1286
800 SEA SPRAY LN #210 P 478000   24 2 2|0 1213
820 SEA SPRAY LN #303 A 474000 488000 105 2 2|0 1233
800 SEA SPRAY LN #112 A 464888   32 2 2|0 1213
815 SEA SPRAY LN #103 P 458103   28 2 2|0 1233
1151 COMPASS LN #108 A 450000   64 2 2|0 1286
1067 Shell BL #6 P 420000   13 2 2|0 1042
1025 SHELL BL #7 A 410000   9 2 2|0 1042
815 SEA SPRAY LN #209 A 399000   10 1 1|0 941
1191 SW COMPASS LN #108 P 399000   85 2 2|0 1286
1025 SHELL BL #8 P 398000   7 2 2|0 1042
1131 COMPASS LN #316 P 396000   3 2 2|0 1286
820 SEA SPRAY LN #114 A 394000   1 1 1|0 953
178 ALBACORE LN A 385000 405000 95 1 1|0 724
908 BEACH PARK BL #116 A 379500   14 1 1|0 810
800 SEA SPRAY LN #217-E P 319950 350000 55 1 1|0 1053
5205 ADMIRALTY LN P 309900 328900 99 2 1|1 998

 

Much like the single family homes, there’s been some movement of property since we did this chart too. The chart shows 30 active listings, there’s 28 this morning…that could be less by the end of the day today too. Right now there are 25 pending sales. ( The chart shows 23) Last February there was 37 active listings and 3 pending sales. That’s a wild turn around if you ask me. Of the actives listed up there I can tell you that at least 4 of them are currently sorting through mutiple bids and should go pending soon. Here’s some interesting active listings:

1003 Stern Lane listed by Emily Lim of Re/Max for $749,800. It’s not often that you’ll find a townhouse with it’s own beach! Not just waterfront…but beach. Even though it’s a 2 bedroom this Bayfront Court place is pretty cool and worth a look.

105 Cityhomes Lane listed by Andrea Kohler of Intero Real Estate for $599,000. City Homes has been pretty darn popular this year and everything that’s come up there has sold quickly. This 2 bedroom should be no exception even though it backs onto a busy street.

1151 Compass #201 listed by Roger Dewes of Coldwell Banker for $559,000. This is really one gorgeous condo! Even with the fairly high dues ($471.00) this 2 bedroom is most likely going to cause somebody to fall in love with it.

Check them out for fun if for nothing else…

Posted in What's For Sale? | No Comments »

Single Family Inventory-February

Posted by Jim Minkey on 9th February 2010

Street Address List Price Orig List Price DOM Status Beds Baths (F|P) Bldg SqFt
612 GLOUCESTER LN 1379950 1499000 161 A 5 2|1 2540
1017 GULL AV 1298000 1399000 100 P 4 4|0 2750
780 CATAMARAN ST 1290000   92 A 5 3|0 2540
521 BROUGHTON LN 1225000   16 P 4 2|1 2350
911 CLIPPER LN 1198000   5 P 3 2|1 2360
161 BEACH PARK BL 1189000   22 A 4 2|1 2620
850 GULL AV 1168000 1178000 14 A 4 3|0 2160
386 MENHADEN CT 1149500 1199500 65 A 5 3|0 2540
251 LOON CT 1129000 1179000 86 A 4 3|0 2790
257 PUFFIN CT 1065888   83 A 4 3|0 2450
250 TRYSAIL CT 1058000 1200000 72 P 4 3|0 2250
1134 POLYNESIA DR 968500 988000 33 A 3 2|0 1640
960 DE SOTO LN 949000 985000 143 P 4 2|1 2760
609 PLYMOUTH LN 949000 1100000 23 A 2 2|1 1710
1156 DOVER LN 930000 968000 30 A 3 2|1 1790
648 MATSONIA DR 928000 978000 59 P 4 2|0 1760
1020 WINDJAMMER CI 918000   3 A 3 2|0 1810
37 WILLIAMS LN 899000 918000 218 P 3 2|1 1550
1372 MARLIN AV 899000   102 A 5 2|0 2010
1100 BLYTHE ST 899000   1 P 4 2|1 2120
1121 CATAMARAN ST 888000   5 P 4 2|0 1900
150 FLYING CLOUD IS 869000 924900 148 A 3 2|0 2210
50 WILLIAMS LN 859000   21 A 3 2|1 1550
491 PORT ROYAL AV 849000   79 A 4 2|1 2200
512 GIBRALTAR LN 819900   22 P 3 2|0 1620
1067 EGRET ST 785000   33 P 5 2|0 1930
61 WILLIAMS LN 628000 739000 109 P 2 2|0 1240

 

You know what…the market is pretty darn healthy! I say that because for the longest time Lydia, my assistant, has created these charts a few days before they’re posted…and that usually meant nothing to their accuracy. That’s not quite true anymore. As of today, Tuesday February 9, there are 15 single family houses on the market in Foster City and 13 pending sales. (The pendings are in red.) Last February 5 there were 26 actively for sale…and 4 pending sales.  The hottest segment of the market is the under $900,000 price range and that’s really because there’s very little inventory in town and most of what is there has an issue or two that limits it’s viability. Consequently, when a new listing comes up in that range it gets plenty of interest. The listing below just came up and isn’t on the list, and my friend Ronda O’Leary sold her listing at 257 Puffin…so it’s a pending now.

937 Constitution listed by Debbie Wilhelm of Coldwell Banker for $888,000. 4 bedrooms 2 baths, I think this will be an interesting barometer for the market. It’s really the only listing under 900k right now and I’m anxious to see how it does. 1121 Catamaran go multiple offers and was bid over a couple of weeks ago listed at this same price and it was bigger and had more upgrades. We’ll see.

1020 Windjammer listed by Stanley Lo of Green Banker for $918,000. This 3 bedroom house is a good one too and Windjammer is a great location. It’s just a tiny bit over that sweet spot but it’s worth watching. It has an offer date set for this coming Saturday…so I guess they’re pretty confident.

Posted in What's For Sale? | 1 Comment »

Condo/Townhouse Inventory-November

Posted by Jim Minkey on 10th November 2009

Street Address List Price Orig List Price DOM Status Beds Baths Bldg SqFt
740 PROMONTORY POINT LN #3104 898000   28 A 2 2.5 1980
1116 FORRESTAL LN 765000 788000 184 P 3 2.5 1700
719 COMET DR 755000   16 P 4 2.5 1790
1043 GALLEY LN 749000   30 A 2 2.5 1440
1056 RUDDER LN 748000   19 P 2 2.5 1420
1074 TILLER LN 745000   8 A 3 2.5 1530
1033 HELM LN 719000 739000 171 A 3 2.5 1580
6 BINNACLE LN 710000   15 P 3 2.5 1860
1086 TILLER LN 699999   3 A 3 2.5 1540
201 BOWSPRIT LN 699000 695000 24 P 2 2.5 1730
258 BONITA LN 698900 753000 220 A 3 2.5 1630
182 ALBACORE LN 689000   37 A 3 2.5 1370
920 LIDO LN 688000   62 A 2 2 1270
1050 RUDDER LN 669000   16 A 2 2 1240
860 MERIDIAN BAY LN #336 659000   70 A 3 2 1606
720 PROMONTORY POINT LN #2308 650000 699000 54 P 2 2.5 2224
885 BALBOA LN 649000 688000 39 A 2 2 1270
835 COLUMBA LN 649000   14 P 3 2.5 1546
860 MERIDIAN BAY LN #228 648000   65 A 3 2 1606
899 BALBOA LN 618888   7 P 2 2 1395
1218 MOONSAIL LN 600000   7 A 2 1.5 1350
603 EMERALD BAY LN 599000   29 A 2 2.5 1530
889 ERICKSON LN 599000   8 P 3 2.5 1380
720 PROMONTORY POINT LN #2109 599000 889000 286 P 3 2.5 2264
814 BALBOA LN 598000 610000 21 A 2 2 1270
1170 FOSTER CITY BL #204 590000   37 A 2 2 1349
860 MERIDIAN BAY LN #123 588000   14 A 2 2 1245
1599 BEACH PARK BL 580000   8 A 2 1.5 960
800 SEA SPRAY LN #215 570000   25 A 3 2 1546
860 MERIDIAN BAY LN #229 568000   4 A 2 2 1350
815 SEA SPRAY LN #208 565208   109 A 2 2 1233
880 MERIDIAN BAY LN #201 565000   97 P 2 2 1245
860 MERIDIAN BAY LN #125 564950 574950 40 P 2 2 1350
1021 LARK LN 548900   24 P 2 2.5 1290
837 JUNO LN 540000   24 A 2 1.5 1196
880 MERIDIAN BAY LN #103 540000 669000 256 P 2 2 1350
1017 SHELL BL #4 535000   90 A 3 2 1242
805 PERSEUS LN 520000   0 A 2 2.5 1196
1151 COMPASS LN #204 510000 505000 84 A 3 2 1593
1170 FOSTER CITY BL #104 510000   69 A 2 2 1349
1170 FOSTER CITY BL #310 498800   31 A 2 2 1349
820 SEA SPRAY LN #303 488000   10 A 2 2 1233
800 SEA SPRAY LN #210 478000   24 P 2 2 1213
815 SEA SPRAY LN #103 458103   28 P 2 2 1233
908 BEACH PARK BL #118 435000   69 A 2 2 1087
1067 Shell BL #6 420000   13 P 2 2 1042
178 ALBACORE LN 405000   0 A 1 1 724
1191 SW COMPASS LN #108 399000   3 A 2 2 1286
1025 SHELL BL #8 398000   7 P 2 2 1042
900 BEACH PARK BL #147 370000 455000 81 P 2 2 1060
840 SEA SPRAY LN #217 365217   221 P 1 1 1053
4214 ADMIRALTY LN 358000 389000 77 A 2 1.5 998
5205 ADMIRALTY LN 328900   10 P 2 1.5 998
2109 ADMIRALTY LN 299000   6 P 1 1 752

 

Again, looking kind of normal out there. Today, there are 30 active condo/townhouses listed and 22 pending sales. Basically in the same ballpark as it was in July and way, way better than it was earlier this year. It’s an interesting phenomenon this year to see some places remain on the market for a long, long time…while others, often in the same project, sell right away. Here’s a couple new ones of note:

1218 Moonsail listed by Patrick Ryan of Alain Pinel for $600,000. This is a really cute unit, no shared walls…almost a small house. Nicely updated and priced lower that the sellers bought it for. I think it’s a good buy.

1074 Tiller listed by Miriam Chirko of Coldwell Banker for $745,000. There sure has seemed to be alot of listings lately at Bayfront Court. This one is really cute. Lot’s of nice upgrades and well worth a look.

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Single Family Inventory-November

Posted by Jim Minkey on 5th November 2009

Street Address List Price Orig List Price DOM Status Beds Baths Bldg SqFt
700 SANTA CRUZ LN 1599000   12 P 5 4 3810
261 SURFBIRD IS 1475000   21 A 4 3 3200
1017 GULL AV 1399000   24 A 4 4 2750
612 GLOUCESTER LN 1398888 1499000 66 A 5 2.5 2540
335 THATCHER LN 1338000 1399000 24 A 4 2.5 2730
839 LURLINE DR 1319000   7 P 4 3.5 2530
312 DOLPHIN IS 1299000   109 A 3 2 1910
222 BILLINGSGATE LN 1279000 1449000 99 A 3 2.5 2390
321 CUTTER ST 1198800   46 A 4 3 2450
828 VEGA CI 1188000   16 P 5 2.5 2680
231 BARKENTINE ST 1178000 999888 300 P     3873
254 PORT ROYAL AV 1149000   11 A 5 2.5 2680
831 SCHOONER ST 1138000   33 P 4 3 2250
301 PORT ROYAL AV 1138000   10 P 4 2.5 2590
191 SHOOTING STAR 1125211 1159511 31 A 4 2.5 1990
137 FLYING MIST IS 1124950   0 A 5 3 2600
130 SPINNAKER ST 1095000   12 P 4 2.5 2200
728 RANGER CI 1048000 1088000 46 A 4 3 2400
1140 MARLIN AV 1045000 1085000 29 A 4 3 2450
1091 HATTERAS CT 975000   11 P 4 3 2240
960 DE SOTO LN 949000 985000 93 A 4 2.5 2760
180 WINCHESTER CT 908000   8 P 4 2 1470
150 FLYING CLOUD IS 899900 924900 53 A 3 2 2210
37 WILLIAMS LN 899000 918000 137 A 3 2.5 1550
1372 MARLIN AV 899000   7 A 5 2 2010
298 KILLDEER CT 875000 899000 158 A 3 2 1700
1281 SWORDFISH ST 875000   1 A 3 2 1600
23 WILLIAMS LN 839888 888888 142 A 3 2.5 1550
1825 BEACH PARK BL 798000   33 P 4 2 1630
61 WILLIAMS LN 688000 739000 42 A 2 2 1240

 

The very first time I did one of these charts was April 19, 2008, and on that date we had 18 single family homes active on the market in Foster City. I actually commented that 18 was alot at that time!! Funny! A year later, on April 21 2009, there was 41 listings active and it actually rose by a few above that in May. Today, there are 17 active single family homes in Foster City (there’s 3 properties at Williams Landing that the MLS considers single family…but I think they’re nice townhouses since they’re attached and have an HOA). There’s also 10 pending sales ( in gray on the chart)…another positive thing. I think it’s undeniable that the market is at it’s healthiest point in 2009…it’s a normal market. Here’s a couple that stand out to me as worth a peak:

221 Pelican listed by Hon Fay Louie of Re/Max Active for $900,000. Well, now we know where at least one of those foreclosures are! This REO came up yesterday and represents a great price for this 2250 sq ft 4 bedroom house. I think this is a great price on this floorplan and it’ll be interesting to see how it’s received.

1281 Swordfish listed by Justin Lawrence of Hallmark Properties for $875,000. This 1600 sq ft 3 bedroom, 2 bath house has the interesting verbage built into the body of the MLS listing “Motivated Sellers”…seems like an invitation to me. Another possible opportunity?

I really think the inventory is sort of lean, a really good deal…or a great house will sell right away in this market. I think.

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Single Family Inventory-July

Posted by Jim Minkey on 28th July 2009

Street Address List Price Orig List Price DOM Status Beds Baths Bldg SqFt
100 FLYING CLOUD IS 1550000 1680000 97 A 3 3 2510
606 WATERBURY LN 1499000   4 A 4 4+ 2540
622 GLOUCESTER LN 1499000 1799000 138 P 3 3 1/2 2880
231 BARKENTINE ST 1430000 999888 230 A 6+ 4+ 3873
541 TRINIDAD LN 1389000   40 A 4 3 2400
1307 MELBOURNE ST 1338800 1488000 171 A 4 2 1/2 2700
211 FORESAIL CT 1299000   9 A 4 3 2250
312 DOLPHIN IS 1299000   6 A 3 2 1910
136 FLYING MIST IS 1275000   100 A 4 2 2340
1663 BEACH PARK BL 1275000   13 A 5 3 2950
121 BEACH PARK BL 1258888 1298888 68 A 4 2 1/2 2620
602 MYSTIC LN 1235000   2 A 2 2 1/2 1710
1117 DECATUR ST 1215000   11 P 4 2 1/2 2790
330 SAILFISH IS 1178880   102 P 4 2 1/2 2457
248 CURLEW CT 1175000 1288000 67 P 5 3 1/2 3560
711 TENDER LN 1150000   241 A 3 2 1/2 2300
377 MULLET CT 1149000 1190000 146 P 3 2 1/2 2210
1103 DECATUR ST 1119000   20 A 4 2 1/2 2120
875 LURLINE DR 1099000 1169000 96 A 4 2 1/2 2070
285 DUCK CT 1098888   4 P 4 2 1/2 2350
112 BARKENTINE ST 1098000 1235000 349 A 4 3 2360
516 BARBADOS LN 1095000   38 P 4 2 1/2 2070
257 PUFFIN CT 1088000 1180000 221 A 4 3 2450
168 FLYING CLOUD IS 1088000   36 A 4 2 2150
660 SANDY HOOK CT 1049000   9 A 4 3 2360
260 STILT CT 999000 1050000 179 A 6+ 3 1930
249 SURFBIRD ISLE 999000   4 A 4 3 2500
950 CUMBERLAND CT 998888   0 P 3 2 1/2 2200
961 PIZARRO LN 998888 1050000 127 P 3 2 2110
413 BISCAYNE AV 998000 1095000 139 P 5 2 1/2 2680
130 TRIMARAN CT 989000   42 P 3 2 2030
832 VEGA CI 980800   4 P 4 2 2010
1338 HALIBUT ST 969000 1029338 94 P 3 2 1700
15 MONTEGO LN 949000 1128000 121 A 3 2 1/2 2240
1221 SWORDFISH ST 928000 998000 124 A 3 2 2030
37 WILLIAMS LN 918000   34 A 3 2 1/2 1550
35 WILLIAMS LN 908888   40 A 3 2 1/2 1550
1306 HALIBUT ST 899999 950000 79 A 4 2 1780
900 FLYING FISH 899999   0 A 3 2 2010
298 KILLDEER CT 899000   55 A 3 2 1700
918 LURLINE DR 899000   12 P 4 2 1700
23 WILLIAMS LN 868888 888888 39 A 3 2 1/2 1550
1412 MELBOURNE ST 849948 917888 166 A 3 3 1531
229 STILT CT 849900 873800 49 P 3 2 1700
290 PELICAN CT 839000   141 P 4 2 1760
1825 BEACH PARK BL 798000   15 A 4 2 1630

Again, like Thursday’s numbers there’s vast improvement in the market for single family homes as well. Today there are 29 active homes for sale and 17 pending sales. In April there were 41 active and 10 pendings. One of the things that’s really fascinating to me is how many people are out there looking right now. Multiple offers are not uncommon in Foster City again. Here’s some to watch:

900 Flying Fish listed by yours truly for $899,000. Not that I’m at all bashful about touting my own listing, but this house is really quite the amazing location. The 10,000 sq ft, wide water lot is a very rare commodity and although the house needs a ton of work it’s a great opportunity.

11 Coral Ln listed by Jan Majeski of Alain Pinel for $998,000. A tad close to 101 but this is quite the house. Nicely remodeled and seemingly priced right. It’s already got alot of interest.

606 Waterbury listed by Sue Dickey of Alain Pinel for $1,499,000.  Amazing remodel job on this one too! Well worth a look, even if it is on narrow water. It’s one cool house!

Keep an eye on them.

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Condo/Townhouse Inventory-July

Posted by Jim Minkey on 23rd July 2009

Street Address Status List Price Orig List Price DOM Beds Baths Bldg SqFt
740 PROMONTORY POINT LN #3303 A 1025000 1149000 119 3 2 1/2 2224
19 CHARTHOUSE LN A 799000   33 3 2 1/2 1860
1167 NIMITZ LN P 795000   13 3 2 1530
1116 FORRESTAL LN A 788000   130 3 2 1/2 1700
1020 HELM LN A 768000   46 3 2 1/2 1530
853 CABOT LN A 755000   181 3 2 1/2 1640
918 LIDO LN A 728000 748918 51 2 2 1/2 1780
158 BEACH PARK BL P 721000   7 3 2 1/2 1430
7 BINNACLE LN A 719888   279 2 2 1/2 1750
1033 HELM LN A 719000 739000 68 3 2 1/2 1580
841 BALBOA LN A 718888 699888 34 2 2 1395
711 FOSTER CITY BL #2 A 715000   99 3 2 1/2 1465
8 BINNACLE LN P 715000 789000 95 3 2 1/2 1860
840 ERICKSON LN P 709888 724888 46 3 2 1/2 1640
1573 BEACH PARK BL A 699800   233 4 2 1/2 1760
720 PROMONTORY POINT LN #2109 A 699000 889000 246 3 2 1/2 2264
800 SPRUANCE LN P 699000 729888 88 3 2 1350
258 BONITA LN A 698900 753000 117 3 2 1/2 1630
759 NEPTUNE LN P 698000 710000 127 3 2 1/2 1470
1497 MARLIN AV P 688888 699000 118 4 2 1/2 1760
880 MERIDIAN BAY LN #311 A 678000 699900 133 3 2 1606
1111 POLYNESIA DR A 660000 688000 89 3 2 1/2 1290
720 PROMONTORY POINT LN #2204 A 659950   34 2 2 1/2 1980
146 E COURT LN P 659000 689000 54 3 2 1/2 1580
720 PROMONTORY POINT LN #2308 P 650000 699000 54 2 2 1/2 2224
851 VESPUCCI LN A 649900   23 3 2 1/2 1340
1001 EMERALD BAY LN A 649000   8 2 2 1/2 1470
879 CARINA LN P 649000   28 2 2 1/2 1546
1059 HULL LN A 648888   47 2 2 1240
836 PEARY LN P 648000   6 3 2 1460
720 PROMONTORY POINT LN #2302 P 640000 925000 284 3 2 1/2 2224
834 ANDROMEDA LN P 639000   13 3 2 1/2 1546
827 VESPUCCI LN P 630000   126 2 1 1/2 1460
880 MERIDIAN BAY LN #222 A 629950 689000 48 3 2 1606
859 CARINA LN A 628000   18 2 1 1/2 1618
1226 MOONSAIL LN P 624888   34 2 1 1/2 1350
804 CENTAURUS LN P 615000   4 3 2 1/2 1618
889 ERICKSON LN P 599000   8 3 2 1/2 1380
1072 GULL AV P 599000   19 3 2 1/2 1460
860 MERIDIAN BAY LN #137 A 589000   2 2 2 1350
860 MERIDIAN BAY LN #237 A 579995   23 2 2 1350
880 MERIDIAN BAY LN #317 P 579000   12 2 2 1350
821 PEARY LN P 575000   19 3 2 1/2 1340
815 SEA SPRAY LN #208 A 565208   6 2 2 1233
880 MERIDIAN BAY LN #201 A 565000   18 2 2 1245
1025 LIDO LN A 549000 649000 65 2 2 1395
1081 BEACH PARK BL #107 A 549000   25 3 2 1593
814 JUNO LN P 545000   31 3 2 1/2 1330
1473 MARLIN AV P 545000   29 3 2 1/2 1460
886 URSA LN P 540000   27 2 2 1/2 1546
880 MERIDIAN BAY LN #103 P 540000 669000 256 2 2 1350
813 PEARY LN P 499950   9 3 1 1/2 1460
1131 COMPASS LN #215 A 499000 525000 174 2 2 1349
880 MERIDIAN BAY LN #101 P 499000 449000 64 2 2 1245
1061 BEACH PARK BL #307 P 499000   35 2 2 1286
840 SEA SPRAY LN #112 P 488000 485000 26 2 2 1213
840 SEA SPRAY LN #310 A 485000   14 2 2 1213
1171 COMPASS LN #109 A 459000 465000 280 2 2 1286
815 SEA SPRAY LN #103 P 458103   28 2 2 1233
924 BEACH PARK BL #17 A 429888   30 2 2 1087
1081 BEACH PARK BL #304 A 424500   37 1 1 1050
236 BONITA LN P 399900 479900 124 2 2 1116
1025 SHELL BL #10 A 395000 450000 170 2 2 1042
916 BEACH PARK BL #72 P 388000   37 1 1 810
820 SEA SPRAY LN #314 A 375000   46 1 1 953
1049 SHELL BL #3 A 349500   50 1 1 748
6108 ADMIRALTY LN A 325000 325000 11 1 1 748

 

Things have certainly improved, that’s for sure. If you click on that link below that says “What’s For Sale?” you’ll see how different it is based upon past posts. Last time we did this, in April, there was 58 units on the market and there was 15 pending sales. When I did it in February there were 3! Today there are 34 active listings and 32 pending sales. That almost seems normal to me. Still, there’s alot of homes that have been on the market for a long, long time. Here’s a few that are worth a look see:

841 Balboa at The Islands listed by the mayor himself, John Kiramis for $718,000. It’s his own place. Really gorgeously updated. It’s one of the smaller 2 bedrooms but it’s been redone for top to bottom.

851 Vespucci listed by Mary Bee of Re/Max Today for $649,900. I like Winston Village, I like the $245.00 dues and this is actually a really nice unit.

880 Meridian Bay listed by Mary Yeargain with Re/Max Today for $629,950. Nice clean unit and it’s priced $50,000 less than an identical unit there. Worth a look.

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