Kapowich Real Estate Silicon Valley Reports

Foster City, CA

Single-Family Homes

Pat Kapowich | 408.245.7700 | Pat@SiliconValleyBroker.com | Broker's License #00979413



Foster City, CA

Sun Apr 14 2024
This week the median list price for Foster City, CA is $2,398,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 7. Click here to stay informed with the Foster City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Foster City, CA

Sun Apr 14 2024
This week the median list price for Foster City, CA is $2,398,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 7. Click here to stay informed with the Foster City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Foster City market.
Median List Price $2,398,000
Median Price of New Listings $0
Per Square Foot $1,055
Average Days on Market 98
Median Days on Market 14
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 46
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,150,000 3,980 8,000 - 10,000 sqft 5 4 58 0 0 28
$2,614,000 2,080 4,500 - 6,500 sqft 4 2.3 53 0 0 10
$2,349,000 1,945 4,500 - 6,500 sqft 2 2.3 52 0 0 31
$1,819,000 2,000 4,500 - 6,500 sqft 3 2 54 0 0 287