Realtors are prohibited by federal law from steering buyers to locations or homes, and included in what we can not say is what the demographic of a community is all about. Sure we can give nuances and use buzz words that are benign but give an idea to some, but we really can never tell…Read More »
Foster City was the first planned community in California and what makes it so like-able is the variety of housing choices offered. If you’re in the market to buy a home you can choose from a condo, a townhouse or a single family house with a wide choice of prices. Any one of them might sit along one of the waterways running throughout the city, near a park, or near the trails that run at the perimeter of the city. Throw in top schools and one can see why people want to live in Foster City, the mid-point of the San Francisco Peninsula.
Foster City, like the other local communities we write about, doesn’t have a lot of housing for sale. Therefore, the rule of supply and demand takes over and prices stay high, and are going higher. Foster City is a planned community with both single family houses and condos and townhouses for sale. We will see the data for both since the beginning of the year. What makes Foster City so compelling for families is the excellent schools, plethora of parks and trails, and access to water for boating, sailing or sailboarding.
Here’s the market snapshot for Foster City, CA. Comparing to the other communities around here it’s doing okay with low inventory and prices holding upwards. This is a perfect example of all real estate is local, local, local and then hyper-local. The average price for a home in Foster City is $1,002,584. The average price for a condo or townhouse in Foster City is $544,528.
Last week Foster City had 43 condos and townhouses for sale with an average list price of $575,946. These listings, had a median size of 2 bedrooms and 3.5 baths according to Altos Research our research company. Frankly I find that interesting since almost all condos have 2 baths and townhouses have 2.5 baths.
As a planned community, there are many of these to choose from. Some of the townhouses are really attached single family homes, and some are really townhouse-style condos. As Realtors we know the difference and it’s our job to explain that to you if you’re looking for one. Since Foster City’s single family homes are significantly higher in value than the condos or townhouses you get more for your dollar considering them, if you want to move to Foster City for the schools.
Foster City is a great family community with parks everywhere, a lake in the center of the town, the Park and Recreation buildings feature the only teen center in any of our communities around here.
I am Alex, the other half of the Wilkas Group, and I just earned the Prestigious Designation of CDPE. That means I am Certified by the Distressed Property Institute to help you determine what are the best options you have for your home if you are having difficulty in making your mortgage payments. What exactly…Read More »
Last week Foster City had 50 Single Family homes for sale and saw 3 sales. The Median Price was $1,054,500 and this median house has 4 bedrooms, 2 baths is about 37 years old and sits on a 6000 foot lot. This median house is almost 2200 square feet. We saw a house listed for…Read More »
Foster City Single Family Home Market Report Last week the Median Price for a home for sale in Foster City was $1,190,000. The Average Price was $1,213,067. There were 25 homes for sale last week and only 3 were “absorbed” – meaning they were either sold, expired, withdrawn or canceled. The best buy, and the…Read More »
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2827 Hillside Dr
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$879,000 -
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$1,295,000 -
1138 Douglas Av
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$2,550,000 -
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$599,000 -
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$1,995,000 -
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$699,000 -
1532 Barroilhet Av
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$1,675,000 -
1407 Montero Av
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$1,458,000 -
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$1,158,888 -
1500 Alturas Dr
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2928 Hillside Dr
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$439,000 -
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$249,000 -
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Burlingame
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$618,888 -
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Real Estate was always an interest and an industry she wanted to migrate into, doing so in 2002, where she now works with her husband, Alex, helping people find the perfect home.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Listing information is deemed reliable, but not guaranteed. Listings last updated 2/12/12 4:22 AM PST.
Copyright 2012 MLSListings Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2012.
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