Intero's Market Report

Foster City, CA

Single-Family Homes



Foster City, CA

Tue Oct 19 2021
This week the median list price for Foster City, CA is $1,988,000 with the market action index hovering around 88. This is less than last month's market action index of 90. Inventory has increased to 5. 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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Foster City, CA

Tue Oct 19 2021
This week the median list price for Foster City, CA is $1,988,000 with the market action index hovering around 88. This is less than last month's market action index of 90. Inventory has increased to 5. 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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Foster City market.
Median List Price $1,988,000
Median Price of New Listings $1,988,000
Per Square Foot $1,031
Average Days on Market 24
Median Days on Market 0
Price Decreased 20%
Price Increased 20%
Relisted 0%
Inventory 5
Median Rent $3,950
Market Action 88
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,388,000 2,280 6,500 - 8,000 sqft 4 2 53 0 0 7
$2,000,000 2,190 6,500 - 8,000 sqft 3 3 44 1 0 0
$1,988,000 2,160 4,500 - 6,500 sqft 4 3 55 1 0 0
$1,699,000 1,595 0 - 4,500 sqft 3 2 50 1 0 56