Metro Center Real Estate Market Trends, Home Prices

Silicon Valley Real Estate | JLee Realty

Metro Center, Foster City trend charts updated: Jun 17, 2024. Save time and save money. Work with a top Metro Center, Foster City real estate agent.

Introduction To Extensive Metro Center Real Estate Market Trends

The low number of closed escrows makes neighborhood trends volatile. For most neighborhoods, houses are the most common type of home sold. To quickly spot changes in the Metro Center real estate market view Metro Center house prices per sq.ft. and Metro Center house sales price vs. list price. Changes in the mix of houses sold in the Metro Center neighborhood can change the average price even when the price per sq.ft. does not change. The sales price vs. list price chart flags changes in demand vs. supply. The numerous other trends plotted help you both understand and compare Metro Center real estate to other areas. Recently completed townhouse and condo developments because of their size can have significant short term impacts on supply vs. demand for their respective home types but typically do not affect overall Metro Center housing supply vs. demand trends.

Jump down to extensive Metro Center real estate trends

Metro Center Real Estate Trends - Townhouses

Short summary of 4 key Metro Center townhouse real estate trends which can be printed.

Metro Center Real Estate Trends - Average and Median Townhouse Prices

When trying to understand Metro Center townhouse prices the first and most often real estate trend looked at is either average or median townhouse sales price. The average price can be pushed up by a particularly expensive townhouse being sold. Much less often an especially low price for several townhouses can push the average price down. By looking at both average and median price a quick judgment can be made about any unusually high or low prices. When a townhouse development is offered for sale, the number of units offered can shift both average and median prices.

Graph of the Quarterly Average Price of Metro Center vs. Foster City Townhouses Sold

Quarterly Average Price of Metro Center & Foster City Townhouses Sold

Graph of the Quarterly Median Price of Metro Center vs. Foster City Townhouses Sold

Quarterly Median Price of Metro Center & Foster City Townhouses Sold

Graph of the Quarterly Average and Median Price of Metro Center Townhouses Sold

Quarterly Average and Median Price of Metro Center Townhouses Sold

Graph of the Yearly Average Price of Metro Center vs. Foster City Townhouses Sold

Yearly Average Price of Metro Center & Foster City Townhouses Sold

Metro Center Real Estate Trends - Townhouse Prices Per Square Foot

The average sales price of townhouses is typically affected by the average size of the townhouses sold. If a new development comes up for sale, the average size can be affected which in turn affects the average sales price. This same development may affect statistics a second time about five years later if many of the first purchasers decide to sell and move to a bigger home. Looking at price per square foot gives a partial adjustment for changes in the typical townhouse sold.

Graph of the Quarterly Average Price Per Square Foot for Metro Center vs. Foster City Townhouses Sold

Quarterly Average Price Per Square Foot for Metro Center & Foster City Townhouses Sold

Graph of the Quarterly Average Price Per Square Foot for Metro Center Townhouses Sold

Quarterly Average Price Per Square Foot for Metro Center Townhouses Sold

Graph of the Yearly Average Price Per Square Foot for Metro Center vs. Foster City Townhouses Sold

Yearly Average Price Per Square Foot for Metro Center & Foster City Townhouses Sold

Metro Center Real Estate Trends - Townhouse Sales Prices vs. List Prices

Metro Center townhouse buyers and sellers want to know the typical relationship between list price and sales price. This relationship varies with city and time. The plots below show this relationship using color coding which generally highlights changes in the market. More townhouses being sold over list price is a very good indicator of rising townhouse prices. More townhouses being sold under list price is a very good indicator of falling townhouse prices. Comparing Metro Center townhouse prices to Metro Center house prices can give you more insight into whether there is a general change in Metro Center home prices or if something unique to townhouses is happening.

Graph of the Quarterly Sales Price vs. List Price for Metro Center Townhouses

Quarterly Average Sales Price & List Price for Metro Center Townhouses

Graph of the Quarterly Sales Price vs. List Price for Foster City Townhouses

Quarterly Average Sales Price & List Price for Foster City Townhouses

Graph of the Yearly Sales Price vs. List Price for Metro Center Townhouses

Yearly Average Sales Price & List Price for Metro Center Townhouses

Metro Center Real Estate Trends - Number of Townhouses Sold

A quick estimate of how active the Metro Center townhouse real estate market can be found by looking at the number of townhouses sold. Locally there is a strong seasonal change in the number of townhouses sold. The lowest number of townhouses sold typically occurs around December & January. The highest number of townhouses sold typically occurs around May. This seasonal variation is often altered for townhouse sales by a large new development beginning to sell their townhouses. Price changes do not track the seasonal change in the number of townhouses sold.

Graph of the Quarterly Number & Price Per SqFt of Metro Center Townhouses Sold

Quarterly Number & Price Per SqFt of Metro Center Townhouses Sold

Graph of the Quarterly Number of Foster City Townhouses Sold

Quarterly Number of Metro Center Townhouses Sold

Graph of the Yearly Number & Price Per SqFt of Metro Center Townhouses Sold

Yearly Number & Price Per SqFt of Metro Center Townhouses Sold

Metro Center Real Estate Trends - Days On Market for Townhouses

Many people look at "Days On Market", the average number of days a townhouse is offered for sale before it sells, to spot changes in the townhouse real estate market. Increasing DOM implies buyers are not being as competitive to buy townhouses. This statistic also tends to have a seasonal variation. DOM is typically greater late in the year. Variation in this statistic can make it difficult to use this statistic to predict either rising or falling townhouse prices. New townhouse developments can change the typical DOM.

Graph of the Quarterly Average Days On Market for Metro Center Townhouses Sold

Quarterly Average Days On Market for Metro Center Townhouses Sold

Graph of the Quarterly Average Days On Market for Foster City Townhouses Sold

Quarterly Average Days On Market for Foster City Townhouses Sold

Graph of the Yearly Average Days On Market for Metro Center Townhouses Sold

Yearly Average Days On Market for Metro Center Townhouses Sold

Metro Center Real Estate Trends - Size of Townhouses Sold

The behavior of buyers and sellers can be somewhat different depending on the price of the townhouse. There are times when low to mid-range townhouses are selling quickly but higher priced townhouses aren't or the reverse may be true. Builders try to match what they build to what is selling well. It can take several years for a townhouse development to begin selling but it was surely built to target expected demand. Looking at the average size of townhouses being sold can provide additional insight into the townhouse real estate market.

Graph of the Quarterly Average Size of Metro Center vs. Foster City Townhouses Sold

Quarterly Average Size of Metro Center & Foster City Townhouses Sold

Graph of the Quarterly Average Size of Metro Center Townhouses Sold

Quarterly Average Size of Metro Center Townhouses Sold

Graph of the Yearly Average Size of Metro Center vs. Foster City Townhouses Sold

Yearly Average Size of Metro Center & Foster City Townhouses Sold

Metro Center Real Estate Trends - Age of Townhouses Sold

A brand new townhouse typically sells for a premium price compared to a similar sized townhouse in the same neighborhood. When looking at average townhouse prices, the average age should be checked to see if prices are changing because of demand or because different types of townhouses are being sold.

Graph of the Quarterly Average Age of Metro Center Townhouses Sold

Quarterly Average Age Of Metro Center Townhouses Sold

Graph of the Quarterly Average Age of Foster City Townhouses Sold

Quarterly Average Age Of Foster City Townhouses Sold

Graph of the Yearly Average Age of Metro Center Townhouses Sold

Yearly Average Age Of Metro Center Townhouses Sold

Foster City Home Prices - Maximum and Minimum for Townhouses Sold

When trying to understand the Foster City real estate market, it is useful to take a look at the extremes of the sales price range. Average buyers and sellers in each price range may act differently.

Graph of the Quarterly Maximum Price for Metro Center Townhouses Sold

Quarterly Maximum Price for Metro Center Townhouses Sold

Graph of the Quarterly Maximum Price for Foster City Townhouses Sold

Quarterly Maximum Price for Foster City Townhouses Sold

Graph of the Quarterly Minimum Price for Metro Center Townhouses Sold

Quarterly Minimum Price for Metro Center Townhouses Sold

Graph of the Quarterly Minimum Price for Foster City Townhouses Sold

Quarterly Minimum Price for Foster City Townhouses Sold

Metro Center Real Estate Trends - Condos

Short summary of 4 key Metro Center condo real estate trends which can be printed.

Metro Center Real Estate Trends - Average and Median Condo Prices

When trying to understand Metro Center condo prices the first and most often real estate trend looked at is either average or median condo sales price. The average price can be pushed up by a particularly expensive condo being sold. Much less often an especially low price for several condos can push the average price down. By looking at both average and median price a quick judgment can be made about any unusually high or low prices. When a condo development is offered for sale, the number of units offered can shift both average and median prices.

Graph of the Quarterly Average Price of Metro Center vs. Foster City Condos Sold

Quarterly Average Price of Metro Center & Foster City Condos Sold

Graph of the Quarterly Median Price of Metro Center vs. Foster City Condos Sold

Quarterly Median Price of Metro Center & Foster City Condos Sold

Graph of the Quarterly Average and Median Price of Metro Center Condos Sold

Quarterly Average and Median Price of Metro Center Condos Sold

Graph of the Yearly Average Price of Metro Center vs. Foster City Condos Sold

Yearly Average Price of Metro Center & Foster City Condos Sold

Metro Center Real Estate Trends - Price Per Square Foot for Condos

The average sales price of condos is typically affected by the average size of the condos sold. If a new development comes up for sale, the average size can be affected which in turn affects the average sales price. This same development may affect statistics a second time about five years later if many of the first purchasers decide to sell and move to a bigger home. Looking at price per square foot gives a partial adjustment for changes in the typical condo sold.

Graph of the Quarterly Average Price Per Square Foot for Metro Center vs. Foster City Condos Sold

Quarterly Average Price Per Square Foot for Metro Center & Foster City Condos Sold

Graph of the Quarterly Average Price Per Square Foot for Metro Center Condos Sold

Quarterly Average Price Per Square Foot for Metro Center Condos Sold

Graph of the Yearly Average Price Per Square Foot for Metro Center vs. Foster City Condos Sold

Yearly Average Price Per Square Foot for Metro Center & Foster City Condos Sold

Metro Center Real Estate Trends - Condo Sales Prices vs. List Prices

Metro Center condo buyers and sellers want to know the typical relationship between list price and sales price. This relationship varies with city and time. The plots below show this relationship using color coding which generally highlights changes in the market. More condos being sold over list price is a very good indicator of rising condo prices. More condos being sold under list price is a very good indicator of falling condo prices. Comparing Metro Center condo prices to Metro Center house prices can give you more insight into whether there is a general change in Metro Center home prices or if something unique to condos is happening.

Graph of the Quarterly Sales Price vs. List Price for Metro Center Condos

Quarterly Average Sales Price & List Price for Metro Center Condos

Graph of the Quarterly Sales Price vs. List Price for Foster City Condos

Quarterly Average Sales Price & List Price for Foster City Condos

Graph of the Yearly Sales Price vs. List Price for Metro Center Condos

Yearly Average Sales Price & List Price for Metro Center Condos

Metro Center Real Estate Trends - Number of Condos Sold

A quick estimate of how active the Metro Center condo real estate market can be found by looking at the number of condos sold. Locally there is a strong seasonal change in the number of homes sold. The lowest number of homes sold typically occurs around December & January. The highest number of homes sold typically occurs around May. This seasonal variation is often altered for condo sales by a large new development beginning to sell their condos. Price changes do not track the seasonal change in the number of condos sold.

Graph of the Quarterly Number & Price Per SqFt of Metro Center Condos Sold

Quarterly Number & Price Per SqFt of Metro Center Condos Sold

Graph of the Quarterly Number of Foster City Condos Sold

Quarterly Number of Metro Center Condos Sold

Graph of the Yearly Number & Price Per SqFt of Metro Center Condos Sold

Yearly Number & Price Per SqFt of Metro Center Condos Sold

Metro Center Real Estate Trends - Days On Market for Condos Sold

Many people look at "Days On Market", the average number of days a condo is offered for sale before it sells, to spot changes in the condo real estate market. Increasing DOM implies buyers are not being as competitive to buy condos. This statistic also tends to have a seasonal variation. DOM is typically greater late in the year. Variation in this statistic can make it difficult to use this statistic to predict either rising or falling condo prices. New condominium developments can change the typical DOM.

Graph of the Quarterly Average Days On Market for Metro Center Condos Sold

Quarterly Average Days On Market for Metro Center Condos Sold

Graph of the Quarterly Average Days On Market for Foster City Condos Sold

Quarterly Average Days On Market for Foster City Condos Sold

Graph of the Yearly Average Days On Market for Metro Center Condos Sold

Yearly Average Days On Market for Metro Center Condos Sold

Metro Center Real Estate Trends - Size of Condos Sold

The behavior of buyers and sellers can be somewhat different depending on the price of the condo. There are times when low to mid-range condos are selling quickly but higher priced condos aren't or the reverse may be true. Builders try to match what they build to what is selling well. It can take several years for a condo development to begin selling but it was surely built to target expected demand. Looking at the average size of condos being sold can provide additional insight into the condo real estate market.

Graph of the Quarterly Average Size of Metro Center vs. Foster City Condos Sold

Quarterly Average Size of Metro Center & Foster City Condos Sold

Graph of the Quarterly Average Size of Metro Center Condos Sold

Quarterly Average Size of Metro Center Condos Sold

Graph of the Yearly Average Size of Metro Center vs. Foster City Condos Sold

Yearly Average Size of Metro Center & Foster City Condos Sold

Metro Center Real Estate Trends - Age of Condos Sold

A brand new condo typically sells for a premium price compared to a similar sized condo in the same neighborhood. When looking at average condo prices, the average age should be checked to see if prices are changing because of demand or because different types of condos are being sold.

Graph of the Quarterly Average Age of Metro Center Condos Sold

Quarterly Average Age Of Metro Center Condos Sold

Graph of the Quarterly Average Age of Foster City Condos Sold

Quarterly Average Age Of Foster City Condos Sold

Graph of the Yearly Average Age of Metro Center Condos Sold

Yearly Average Age Of Metro Center Condos Sold

Metro Center Condos - Maximum and Minimum

When trying to understand the Metro Center condo real estate market, it is useful to take a look at the extremes of the sales price range.

Graph of the Quarterly Maximum Price for Metro Center Condos Sold

Quarterly Maximum Price for Metro Center Condos Sold

Graph of the Quarterly Maximum Price for Foster City Condos Sold

Quarterly Maximum Price for Foster City Condos Sold

Graph of the Quarterly Minimum Price for Metro Center Condos Sold

Quarterly Minimum Price for Metro Center Condos Sold

Graph of the Quarterly Minimum Price for Foster City Condos Sold

Quarterly Minimum Price for Foster City Condos Sold

Use The Best Metro Center, Foster City Realtor

Save both your time and money by working with the best Metro Center Realtor. The number 1 reason home buyers choose to work with a real estate agent is to get help "finding" the best home. Up to date knowledge and connections are key to finding the best home. However, there is much more involved than finding the home. After finding the best home, you will have to make the most attractive, competitive, offer. It is important to know that factors other than just money play a key part in the seller's decision. You will also have to resolve any problems that pop-up so that escrow can close.

I negotiate over one hundred successful purchase offers each year. I have up-to-date experience and knowledge to plan and make a great offer. What if something goes wrong with your loan application or with something else? We at JLee Realty have the experience and connections to solve nearly all problems. Work with us, top Realtors and experts, who know Metro Center very well. For 3 years in a row I was recognized as one of the three top, and most recently as the number 1 top Realtor nationwide at KW. The Juliana Lee Team has grown beyond what KW can provide and I now own and operate my own real estate brokerage for my team: JLee Realty, 4260 El Camino Real, Palo Alto CA 94306.

Our unique team approach splits up the various tasks when buying a home. You will work with both myself and a core member of the Juliana Lee Team who is also a top real estate agent. My buyer team specialist is especially skilled at helping you both find a home and to understand the tradeoffs you will be making. I discuss your purchase offer with you and negotiate with the seller. Get the support of two top Metro Center Realtors (and the rest of our team) working closely together. Give us, the Juliana Lee Team, a call at 650-857-1000 or stop by our brokerage, JLee Realty, and let's talk about what you are looking for.

So far I've talked about buying real estate because it is not as well understood by home buyers as selling real estate is. When selling your home, it has to be advertised. It has to be promoted. The Juliana Lee Team has one of the most prominent real estate websites in Silicon Valley. It rates highly for key real estate terms in 35 Silicon Valley cities. If a home buyer searches for real estate trends or house prices in a Silicon Valley city, they will almost surely find julianalee.com on the first page of Google search results. In fact searching for "Silicon Valley real estate trends" will probably return julianalee.com in the first position or at least in a one of the first three. Similarly searching for "Palo Alto real estate trends" will probably return julianalee.com in one of the first three positions. We achieve similar excellent search results for nearly all Silicon Valley cities. We know how to promote successfully both digitally and in print.

Of course there is much more involved to sell your home than simply advertising it. The Juliana Lee team at JLee Realty has both a buyer team and a seller team. Our seller team gets current knowledge about what buyers are looking for from our buyer team. Our seller team also gets current knowledge about what problems buyers are currently facing and how the problems are minimized. If a buyer makes an offer to buy your home but runs into problems getting a loan, we can help with expert current advice. Since our buyer team gets potential buyers from our seller team, they want our seller team to be successful and knowledgeable about issues buyers are facing. Our buyer team can represent buyers while our seller team can represent sellers without a conflict of interest or loyalty.

Have you ever wondered what the difference is between a Metro Center, Foster City real estate agent and a Metro Center realtor? "Realtor" is a trademarked name owned by the National Association of Realtors (NAR). A Metro Center realtor is a real estate agent who belongs to NAR. Many purchase contract forms used locally are created by the California Association of Realtors (CAR) which is under NAR. The local Silicon Valley Association of Realtors (SILVAR), the Santa Clara County Association of Realtors (SCCOAR) and San Mateo County Association of Realtors (SAMCAR) manage access to the multiple listing service and establish standards of practice for local real estate agents.

If you want to learn more about buying or selling real estate, come to our free real estate seminar.