Foster City Housing Market Report – July 2026
Here's a look at how the Foster City, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 27
- Median Sale Price: $1,315,000
- Average Sale Price: $1,482,377
- Average Price Per Sq Ft: $913
- Average Days on Market: 54
- Sale-to-List Price Ratio: 101.0%
Month-Over-Month Trends
Compared to June, the median sale price in Foster City moved 8.0% down (from $1,430,000 to $1,315,000). The number of homes sold was 58.8% up compared to the prior month (17 vs. 27). Average days on market shifted 25.6% up (43 days to 54 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 15.4% down (from $1,555,000 to $1,315,000). Sales volume is 50.0% up year-over-year.
What This Means
Foster City's housing market is showing mixed signals this July, with activity picking up but at noticeably softer prices. The 58.8% month-over-month jump in sales volume likely reflects improved data collection rather than a genuine market surge, so focus instead on the pricing trends. The median price dropped 8% from June and 15.4% year-over-year, suggesting meaningful downward pressure. Homes are now selling just at list price (101% ratio), a stark contrast to the aggressive bidding wars we saw in earlier years, indicating buyers have regained negotiating power.
What's particularly telling is the rise in days on market, now at 54 days compared to 43 last month. Even with more inventory coming online, homes are sitting longer before finding buyers. This slowdown likely reflects the broader Bay Area trend of higher interest rates and affordability concerns dampening demand, despite the relatively "affordable" $913 per square foot compared to nearby communities.
Looking ahead, the 38 active listings suggest inventory remains lean, but the median asking price of $1,280,000 implies sellers may be adjusting expectations. For Foster City buyers and sellers, this represents a more balanced market than the past few years, with actual negotiating room returning to the table.
Foster City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94404 | 27 | $1,315,000 | $913 | 54 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| CONDOS | 11 | $975,000 | $728 |
| SINGLE_FAMILY | 9 | $2,170,000 | $1,168 |
| TOWNHOMES | 7 | $1,315,000 | $877 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 2 |
| $750K+ | 25 |
Current Active Listings
As of this report, there are 38 active listings in Foster City with a median asking price of $1,280,000 and an average of 64 days on market.
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