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Foster City market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPFoster CityCondos · May 2026Foster City held steady in May: the keymarket signals were mixed.Median sale price$1.04M-8.3% vs AprTime to pending25d1 day faster vs AprSold over asking50%+13 pts vs AprActive listings22+22.2% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGFoster CityCondos · May 2026Most Foster City condos are stillselling over asking (50%). Price toinvite competition.99.3%average sale price vs. asking priceSold over asking50%vs. a year ago+17 pts102.6%100.6%98.6%Sold at asking price99.3%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPFoster CityCondos · May 2026Foster City condos are closing +0.7%below asking. The list price has becomea starting point.-$324Kmedian sale price minus asking priceMedian asking price$1.37MMedian sale price$1.04M$1.68M$1.28M$871KSoldAskingJun 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEFoster CityCondos · May 2026Foster City condo values are climbing,up +5.7% in a year.$1.04Mmedian sale priceYear over year+5.7%Homes sold last month6$1.34M$1.14M$932K$1.04MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLFoster CityCondos · May 2026The typical Foster City condo goespending in 25 days, 22 days faster thanlast year.25 daysmedian time to pendingGone within two weeks40%vs. a year ago22 days faster215d143d72d25dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSFoster CityCondos · May 2026Foster City inventory is up 15.8% yearover year, so sellers have morecompetition.22active listingsYear over year+15.8%Months of supply3.719151022Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Buying or selling in Foster City?

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Price cuts

PRICE CUTSFoster CityCondos · May 202623% of Foster City listings cut theirasking price last month, down 25 ptsfrom a year ago.23%of active listings cut their asking pricevs. a year ago-25 ptsActive listings2242%31%20%23%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETFoster CityCondos · May 2026Foster City moves at two speeds: 40% ofcondos were gone inside two weeks whilethe rest sat longer.40%of listings went pending within two weeksMedian time to pending25 daysvs. a year ago+26 pts41%25%9%Half of listings40%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYFoster CityCondos · May 2026December is historically Foster City'scalmest month for buyers: 5.5 pts lessover-asking than April.Decemberhistorically the calmest month for buyersBuyer's edge vs April-5.5 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.8 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEFoster CityCondos · May 2026Foster City condo values are up +31%over the past 10 years.+31%median sale price growth since 2016Median price in 2016$795KAverage gain per year+2.8%$1.15M$1M$860K$1.04MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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