Intero's Market Report

Foster City, CA

Single-Family Homes



Foster City, CA

Tue Nov 24 2020
This week the median list price for Foster City, CA is $1,649,999 with the market action index hovering around 63. This is an increase over last month's market action index of 62. Inventory has held steady at or around 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

Tue Nov 24 2020
This week the median list price for Foster City, CA is $1,649,999 with the market action index hovering around 63. This is an increase over last month's market action index of 62. Inventory has held steady at or around 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 $1,649,999
Per Square Foot $941
Days on Market 33
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent $4,499
Most Expensive $2,538,000
Least Expensive $1,388,000
Market Action 63
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,538,000 2,695 4,500 - 6,500 sqft 4 3 43 1 1 0
$1,973,944 2,495 4,500 - 6,500 sqft 4 3 54 0 0 35
$1,609,443 1,590 4,500 - 6,500 sqft 3 2 44 1 1 31
$1,403,444 1,520 0 - 4,500 sqft 3 3 47 0 0 49