Intero's Market Report

Foster City, CA

Single-Family Homes



Current active inventory in Foster City, CA is very low. Keep this in mind when looking at this report.

Foster City, CA

Thu Feb 29 2024
This week the median list price for Foster City, CA is $2,188,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 3. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Foster City, CA

Thu Feb 29 2024
This week the median list price for Foster City, CA is $2,188,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 3. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Foster City market.
Median List Price $2,188,000
Median Price of New Listings $2,188,000
Per Square Foot $1,012
Average Days on Market 177
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 48
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. 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$2,398,000 1,710 0 - 4,500 sqft 2 2.5 47 0 0 7
$2,188,000 2,160 4,500 - 6,500 sqft 4 2.5 59 1 1 0
$1,988,000 2,110 4,500 - 6,500 sqft 3 2 49 0 0 525