38 active listings and 25 pending sales…again, not bad. Just like with single family, there’s plenty of places on the market for over 100 days. That includes a place at The Islands that’s been on since March of 2010. I guess $716.00 a month HOA dues will have that kind of effect on you. Still…places are selling. Here’s a couple of interesting newer ones:

1103 Emerald Bay listed by Barbara Slaton of Alain Pinel for $618,000. This is a really gorgeous place,dues are decent at $325.00 too. 2 master suites too. Worth a look.

1120 Nimitz listed by Bob Lahl of Sothebys for $699,000. Very nice one level unit at Harborside in nice condition. Also $325.00 a month dues.

28 active single famiy homes on the market today and 18 pending sales….354 Mullet went pending yesterday.  That’s a decent ratio and 28 is a 2011 high for active listings. At this time of the year I think we can expect more on the horizon too. For what it’s worth, I’ve never really considered Williams Landing to be single family (although the MLS does) because those units are attached and there’s HOA dues. Certainly 652 Celestial is a townhouse at Shell Cove too…why it’s in the MLS as single family is simply a mistake. It’s remarkable how many of these houses have been on the market for over 100 days. Particularly interesting since other houses have gotten multiple offers during the same time. It’s a funny market. Here’s a couple of new ones that caught my eye:

280 Pelican listed by Christy Long of Sothebys for $830,000. This is a pretty clean Eichler 3 bedroom and it’s in pretty good shape vs. alot of it’s competition in that price range. It’ll be interesting to see how it does.

619 Comet listed by Carmen Miranda of Alain Pinel for $1,089,888. This is a big, nice house on a good size lot and I think it’s priced well. It’ll be interesting to see if it’s location across the street from the Admiralty effects it’s sale. Worth a look.

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.

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!

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.