Foster City Real Estate Market Extends Weakness in Price Cuts

This week in the Foster City market, sales fell to 12 homes sold over the last 30 days, coinciding with a solid downward trend in price reductions, with zero in the same time frame. While price reduction numbers were weak, the median sales price of homes sold came in at $935,000, which extended a downward swing in price to four weeks. With only two months of inventory to sell, Foster City is still a solid seller's market, even after taking into consideration the falling prices.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in Foster City:

$598K   $688K   $835K  

Get started right now by checking out Foster City homes for sale or reviewing Foster City real estate trends.

Demographic facts about Foster City:

  • This area has a rating of 57 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 376.9 per 100,000 people.
  • The health cost index score in this area is 110.4. (100 = national average)
  • Residents who travel to work by car account for 81.1% of all commuters, while carpools account for 7.1%, and public transit makes up 3.8%.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Better Homes and Gardens Real Estate J.F. Finnegan
5 reviews
Coldwell Banker
Snapped 3 homes in this area
Path Real Estate
Snapped 3 homes in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
13 snaps in this area
3 snaps in this area
2 snaps in this area
6 snaps in this area
1 snap in this area
1 snap in this area
2 snaps in this area
2 snaps in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.