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	<title>Absolutely Foster City Blog</title>
	
	<link>http://fostercityblog.com</link>
	<description>Foster City Real Estate...and so much more!</description>
	<lastBuildDate>Fri, 03 Feb 2012 17:20:49 +0000</lastBuildDate>
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		<title>Funky Foto Contest Week 187</title>
		<link>http://fostercityblog.com/2012/02/funky-foto-contest-week-187/</link>
		<comments>http://fostercityblog.com/2012/02/funky-foto-contest-week-187/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 17:20:16 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Funky Foto Contest]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5939</guid>
		<description><![CDATA[OK, this&#8217;ll be hard&#8230;name 10 separate individuals named here on the FC Sports Wall of Fame. Just kidding!! Actually, this monument rests someplace in Foster City&#8230;this weeks question? Where is it? If you&#8217;re first to tell me that you&#8217;ll win a $30.00 gift card to Chipotle. All the rules of the road are available to [...]]]></description>
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<p>OK, this&#8217;ll be hard&#8230;name 10 separate individuals named here on the FC Sports Wall of Fame. Just kidding!! Actually, this monument rests someplace in Foster City&#8230;this weeks question? Where is it? If you&#8217;re first to tell me that you&#8217;ll win a $30.00 gift card to <em><strong>Chipotle. </strong></em>All the rules of the road are available to view on the left hand margin as well as on the bar above. The winner along with all other correct answers will not be published until Monday morning. Any and all silly jokes, snappy quips and all wrong answers will be published immediately if not sooner.<!--<rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" 			xmlns:dc="http://purl.org/dc/elements/1.1/" 			xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"><br />
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		<title>You Just Can’t Hide A Good Deal</title>
		<link>http://fostercityblog.com/2012/02/you-just-cant-hide-a-good-deal/</link>
		<comments>http://fostercityblog.com/2012/02/you-just-cant-hide-a-good-deal/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 03:28:48 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[Buyer info]]></category>
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5933</guid>
		<description><![CDATA[Way back when, almost before life existed on Earth, I spent a fair amount of time hosting and attending parties. This was, of course, back before I got married and settled down dontcha know. My friends and I discovered a tried and true formula for having terrific parties and consequently when we had one they [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://fostercityblog.com/wp-content/uploads/2012/02/Parkhouse.jpg"><img class="alignnone size-full wp-image-5934" title="Parkhouse" src="http://fostercityblog.com/wp-content/uploads/2012/02/Parkhouse.jpg" alt="" width="548" height="410" /></a></p>
<p>Way back when, almost before life existed on Earth, I spent a fair amount of time hosting and attending parties. This was, of course, back before I got married and settled down dontcha know. My friends and I discovered a tried and true formula for having terrific parties and consequently when we had one they were <em><strong>always</strong></em> fun and successful. Here&#8217;s what we discovered&#8230;if we invited <em><strong>any</strong></em> guys the party stunk because the guys tended to outnumber the women 7 or 8 to 1. So, we stopped inviting guys all together. We created flyers and a week or so before the party we would hand them out&#8230;only to women! Women in bars, women at the health club, women in grocery stores, you name it. Never any guys though! Guess what&#8230;we always ended up with a party that consisted of 50% men vs women. Our events were really popular as a result.</p>
<p>You see the truth was that you could wad up one of those party flyers and throw it out the window of your car&#8230;and some guy would find it, tell all of his friends and they would ALL come to the party. If you invited 10 women, 2 or 3 of them might come. So if you invited 300 women and zero guys you would get 100 women and 100 men. It never failed!</p>
<p>Now&#8230;flash forward a couple of millenia and we have the 2012 Peninsula real estate market. That house in the picture is in South San Francisco. It&#8217;s a bank owned foreclosure. The bank ignorantly gave this listing to an agent from WAY out of the Bay Area. In Red Bluff or someplace around there. Said agent made small boo boo and listed the house in the San Francisco MLS&#8230;not the San Mateo County MLS. In case you&#8217;re unaware, there are two different databases and just so you know, South San Francisco is in San Mateo county. Since I,or any other local agent can&#8217;t see it in our local MLS it might as well be listed in Sacramento&#8217;s MLS. Are there any SF agents searching SM County in their MLS? No way. Right? Wrong!</p>
<p>This is the era of ZillowTruliaRedfinMovotoRoostSawbuckRealtor.com! They just buy the info from the MLS, regardless of which MLS! <em><strong>Everybody</strong></em> but us knows about this listing!! This clueless Red Bluff agent is going to review at least 10 offers on this property! 10 years ago this guy would have been wondering why nobody was calling or looking at his listing! It&#8217;s a weird feeling getting a call from your client who says they want to see this listing in SSF and I can&#8217;t find it to show it to him.</p>
<p>Honestly, you can&#8217;t hide good deals around here! It&#8217;s just like the wadded up party flyer that the guys found! Even if there&#8217;s a rumor of a deal&#8230;buyers will find it now.</p>
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		<title>How Flexible Is The Seller?</title>
		<link>http://fostercityblog.com/2012/01/how-flexible-is-the-seller/</link>
		<comments>http://fostercityblog.com/2012/01/how-flexible-is-the-seller/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 05:04:41 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[Buyer info]]></category>
		<category><![CDATA[Seller Info]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5929</guid>
		<description><![CDATA[It never fails. Seems like any time I get a new listing, in the first hour of the first open house somebody inevitably asks me this question. &#8221; Is the seller flexible on price?&#8221; Honestly, that&#8217;s really an astonishingly stupid question&#8230;isn&#8217;t it? Is there anybody that you know on Earth who puts their home on [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/flex.jpg"><img class="alignnone size-full wp-image-5930" title="flex" src="http://fostercityblog.com/wp-content/uploads/2012/01/flex.jpg" alt="" width="428" height="382" /></a></p>
<p>It never fails. Seems like any time I get a new listing, in the first hour of the first open house somebody inevitably asks me this question. <em><strong>&#8221; Is the seller flexible on price?&#8221; </strong></em>Honestly, that&#8217;s really an astonishingly stupid question&#8230;isn&#8217;t it? Is there anybody that you know on Earth who puts their home on the market for sale and expects to take a big price reduction&#8230;<em><strong>on the first day! </strong></em>I mean, do these folks imagine me sitting with the sellers and having a conversation like this?</p>
<p>Me: &#8220;Well, we&#8217;re off and running. I just put the house in the MLS and our first open house is tomorrow.&#8221;</p>
<p>Seller: &#8221; Great! Remember Jim, I&#8217;m real flexible on price. Make sure those potential buyers and those agents know that, OK?&#8221;</p>
<p>Me: &#8220;Sure, no problem. How much under the asking price do you think you may want to go?&#8221;</p>
<p>Seller: &#8220;Oh, I don&#8217;t know. Maybe $100,000 or so. I just want to make sure those buyers feel like they&#8217;re getting a good deal. That&#8217;s my goal.&#8221;</p>
<p>Folks, if you believe any of this please call me because I have some really great ocean front property to sell you in Vacaville.</p>
<p>Seriously, I&#8217;ve never met a seller in my career who had any flexibility on the first day of the listing. If you like the house and want to make an offer on a listing that&#8217;s been on the market one day&#8230;get ready to pay at minimum somewhere close to the sellers price. Heck, the truth is most sellers entertain the fantasy on day one that they&#8217;ll get multiple offers and their house is going over asking. Even if it&#8217;s a complete dump! Now if you&#8217;re asking that question on day 72&#8230;that&#8217;s a different story.</p>
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		<title>Funky Foto Contest Winner Week 186</title>
		<link>http://fostercityblog.com/2012/01/funky-foto-contest-winner-week-186/</link>
		<comments>http://fostercityblog.com/2012/01/funky-foto-contest-winner-week-186/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 20:18:26 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[Funky Foto Contest]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5925</guid>
		<description><![CDATA[OK, now this photo has no relationship to the project in question in Foster City (ours aren&#8217;t Apartments either) but there is no sign here telling folks you&#8217;re at Nantucket Cove. So I jury rigged a shot cause I needed a picture. Congratulations to Jenny Lo who answered first and wins the $30.00 gift card [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/nantucket.jpg"><img class="alignnone size-full wp-image-5926" title="nantucket" src="http://fostercityblog.com/wp-content/uploads/2012/01/nantucket.jpg" alt="" width="424" height="360" /></a></p>
<p>OK, now this photo has no relationship to the project in question in Foster City (ours aren&#8217;t Apartments either) but there is no sign here telling folks you&#8217;re at Nantucket Cove. So I jury rigged a shot cause I needed a picture. Congratulations to <em><strong>Jenny Lo </strong></em>who answered first and wins the $30.00 gift card to Jamba Juice. I have to admit I was surprised how many folks knew this place. Jenny ahd the rough outline by street but that was good enough. Also answering correctly was Debbie, Joe B, Francis D, Alex O, Allie, Mimi Lin and Suresh as well as Paul Chen on facebook. Thanks for playing folks! See you again on Friday.</p>
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		<title>Funky Foto Contest Week 186</title>
		<link>http://fostercityblog.com/2012/01/funky-foto-contest-week-186/</link>
		<comments>http://fostercityblog.com/2012/01/funky-foto-contest-week-186/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 17:42:27 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[Funky Foto Contest]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5921</guid>
		<description><![CDATA[OK, I think this week is going to be hard&#8230;we&#8217;ll see? The question du jour is which townhouse project is this in Foster City? If you&#8217;re first to answer that you&#8217;ll win a $30.00 gift card to Jamba Juice. All the rules of the road are available to view on the left hand margin as [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/grey.jpg"><img class="alignnone size-full wp-image-5922" title="OLYMPUS DIGITAL CAMERA" src="http://fostercityblog.com/wp-content/uploads/2012/01/grey.jpg" alt="" width="510" height="383" /></a></p>
<p>OK, I think this week is going to be hard&#8230;we&#8217;ll see? The question du jour is which townhouse project is this in Foster City? If you&#8217;re first to answer that you&#8217;ll win a $30.00 gift card to <em><strong>Jamba Juice</strong></em>. All the rules of the road are available to view on the left hand margin as well as on the bar above. The winner along with all other correct answers will not be published until Monday morning. Any and all silly jokes, snappy quips and all wrong answers will be published immediately if not sooner.<!--<rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" 			xmlns:dc="http://purl.org/dc/elements/1.1/" 			xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"><br />
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		<slash:comments>16</slash:comments>
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		<item>
		<title>Foster City 2011 Condo/Townhouse Statistics</title>
		<link>http://fostercityblog.com/2012/01/foster-city-2011-condotowhouse-statistics/</link>
		<comments>http://fostercityblog.com/2012/01/foster-city-2011-condotowhouse-statistics/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 22:30:36 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[How's The Market?]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5916</guid>
		<description><![CDATA[How about the other side of the market? Condos/Townhouses? Sort of a similar scenario to what we saw with houses on Tuesday. In 2008 108 units sold in Foster City. Interestingly, and also inexplicably, 144 units sold in 2009 and in 2010 we had 135 sales in this category. In 2011 we had 152 units [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://fostercityblog.com/wp-content/uploads/2010/01/OrderStatistics.gif"><img class="alignnone size-full wp-image-3394" title="OrderStatistics" src="http://fostercityblog.com/wp-content/uploads/2010/01/OrderStatistics.gif" alt="" width="510" height="340" /></a></p>
<p>How about the other side of the market? Condos/Townhouses? Sort of a similar scenario to what we saw with houses on Tuesday.</p>
<p>In 2008 <strong><em>108</em></strong> units sold in Foster City. Interestingly, and also inexplicably, <strong><em>144</em></strong> units sold in 2009 and in 2010 we had <strong><em>135</em></strong> sales in this category.</p>
<p>In 2011 we had <em><strong>152</strong></em> units sell, obviously the bes since the bust.</p>
<p>How about the average values in FC, in 2008 the average sale price <strong><em>$637,436. </em></strong>That number fell in 2009 to an average of <strong><em>$574,746. </em></strong>That amounts to about <strong><em>9.8%</em></strong> reduction in values over that year. In 2010 the average sale price was <strong><em>$580,148. </em></strong>Like houses, a slight improvement for that year. The problem in 2011, again like houses was the fact that the average dollar amount was down to<em><strong> $509,175. </strong></em>That amounts to about a <em><strong>20%</strong></em> drop in FC values since the top. This is also somewhat confusing since the high end has pretty much dissolved at Promontory Point and we don&#8217;t have $1 million plus comps to add into these figures. The truth is hat some projects did well and others tanked and brought the overall values down for this report. Island J is a great example.</p>
<p>No too surprisingly, the average days on market rose again too.  In 2008 we were at <strong><em>56</em></strong> DOM. In 2009 we jumped up to <strong><em>70</em></strong> DOM…but in 2010 that number went back down to <strong><em>50</em></strong> DOM. In 2011 we went up to <em><strong>72</strong></em> DOM.</p>
<p>2012 is going to be very, very interesting! With the low levels of inventory right now it&#8217;s very hard to gauge how it&#8217;ll be since it&#8217;s pretty active right now. Lets root for a good year.</p>
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		<title>Foster City 2011 Statistics</title>
		<link>http://fostercityblog.com/2012/01/foster-city-2011-statistics/</link>
		<comments>http://fostercityblog.com/2012/01/foster-city-2011-statistics/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 23:05:11 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[How's The Market?]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5913</guid>
		<description><![CDATA[It really seemed to me for most of last year that the market was slower in Foster City than it was in some of the neighboring communities. Oddly enough, there was more activity in 2011 but prices wne down. I felt like 2010 was a good year but last year seemed slower to me. Anyway&#8230;in [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://fostercityblog.com/wp-content/uploads/2009/01/stats.jpg"><img class="alignnone size-full wp-image-1612" title="stats" src="http://fostercityblog.com/wp-content/uploads/2009/01/stats.jpg" alt="" width="472" height="332" /></a></p>
<p>It really seemed to me for most of last year that the market was slower in Foster City than it was in some of the neighboring communities. Oddly enough, there was more activity in 2011 but prices wne down. I felt like 2010 was a good year but last year seemed slower to me. Anyway&#8230;in the years post-downturn we had the following:</p>
<p>In 2007 there were <strong><em>100</em></strong> single family transactions in Foster City, <strong><em>95</em></strong> in 2008 and <strong><em>100</em></strong> again in 2009. In 2010 we had <strong><em>112. </em></strong>2011 brought us <em><strong>125 </strong></em>sales&#8230;we&#8217;re heading in the right direction at least!</p>
<p>The average days on market for homes changed too. This usually is an important bellweather that demonstrates how the market is doing. In 2007 the average DOM was <strong><em>32, </em></strong>it was <strong><em>49</em></strong> in 2008 and it was a whopping <strong><em>65</em></strong> in 2009. In 2010 it dropped to <strong><em>42</em></strong>. 2011 averaged <em><strong>55</strong></em> days on the market. Honestly, all these numbers are really good compared to lots of areas in Northern California. 55 is great, it&#8217;s just slightly slower than the year before.</p>
<p>Now how about the actual numbers. If we’re comparing average sale prices we look sort of bad compared to the good old days. In 2007 the average sale price in Foster City was <strong><em>$1,157,960. </em></strong>In 2008 that price was <strong><em>$1,112, 816. </em></strong>In 2009 it had fallen to <strong><em>$1,020,717 </em></strong>and in 2010 that number rose to <strong><em>$1,030,981. </em></strong>Here&#8217;s the bad news&#8230;in 2011 we finished at <em><strong>$981,169. </strong></em>That&#8217;s actually a pretty significant decline and brings the total reduction in value since 2007 when the bad news started to <em><strong>15%. </strong></em>Having said that, 15% isn&#8217;t bad at all compared to most places.</p>
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		<title>Funky Foto Contest Winner Week 185</title>
		<link>http://fostercityblog.com/2012/01/funky-foto-contest-winner-week-185/</link>
		<comments>http://fostercityblog.com/2012/01/funky-foto-contest-winner-week-185/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 17:39:21 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[Funky Foto Contest]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5909</guid>
		<description><![CDATA[Good knowledge on Friday folks! Several of you nailed it and congratulations to  Anita Reimann who got there first and wins the $30.00 gift card to Safeway. Also answering correctly were Bill, Mike, Kevin, Alex O, Debbie, Michael, Justin B, Suresh, Shrikant, Mike, Leslie, Jeff Pounder, Ling, Debbie and J Kwan. Some of you played [...]]]></description>
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<p>Good knowledge on Friday folks! Several of you nailed it and congratulations to<em><strong>  Anita Reimann </strong></em>who got there first and wins the $30.00 gift card to <em><strong>Safeway</strong></em>. Also answering correctly were Bill, Mike, Kevin, Alex O, Debbie, Michael, Justin B, Suresh, Shrikant, Mike, Leslie, Jeff Pounder, Ling, Debbie and J Kwan. Some of you played both here on on facebook. Thanks for playing folks! See you again on Friday.</p>
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		<title>Funky Foto Contest Week 185</title>
		<link>http://fostercityblog.com/2012/01/funky-foto-contest-week-185/</link>
		<comments>http://fostercityblog.com/2012/01/funky-foto-contest-week-185/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 17:43:47 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[Funky Foto Contest]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5903</guid>
		<description><![CDATA[Well, this sure isn&#8217;t a picture taken today, huh? There&#8217;s several parks in Foster City that have fields for soccer, this weeks question&#8230;which park is this? If you&#8217;re first to answer this question you&#8217;ll win a $30.00 gift card to Safeway. All the rules of the road are available to view on the left hand margin [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/soccer1.jpg"><img class="alignnone size-full wp-image-5904" title="OLYMPUS DIGITAL CAMERA" src="http://fostercityblog.com/wp-content/uploads/2012/01/soccer1.jpg" alt="" width="510" height="383" /></a></p>
<p>Well, this sure isn&#8217;t a picture taken today, huh? There&#8217;s several parks in Foster City that have fields for soccer, this weeks question&#8230;which park is this? If you&#8217;re first to answer this question you&#8217;ll win a $30.00 gift card to <a href="http://www.safeway.com">Safeway.</a> All the rules of the road are available to view on the left hand margin as well as on the bar above. The winner along with all other correct answers will not be published until Monday morning. Any and all silly jokes, snappy quips and all wrong answers will be published immediately if not sooner.<!--<rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" 			xmlns:dc="http://purl.org/dc/elements/1.1/" 			xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"><br />
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		<title>Highs and Lows 2011-Condo/Townhouses</title>
		<link>http://fostercityblog.com/2012/01/highs-and-lows-2011-condotownhouses/</link>
		<comments>http://fostercityblog.com/2012/01/highs-and-lows-2011-condotownhouses/#comments</comments>
		<pubDate>Tue, 17 Jan 2012 22:07:03 +0000</pubDate>
		<dc:creator>Jim Minkey</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[How's The Market?]]></category>

		<guid isPermaLink="false">http://fostercityblog.com/?p=5892</guid>
		<description><![CDATA[MOST EXPENSIVE CONDO/TOWNHOUSE: 712 Zumwalt This waterfront townhouse at Harborside, a 4 bedroom unit sold for $818,000 and went with multiple offers. HIGHEST PRICE PER SQUARE FOOT: 1027 Rudder at Bayfront Court. This 2 bedroom waterfront sold for $688,000, or $502.00 a square foot. Waterfronts are nice&#8230; LOWEST PRICED CONDO/TOWNHOUSE: 3103 Admiralty Lane. That&#8217;s the only [...]]]></description>
			<content:encoded><![CDATA[<p><em><strong>MOST EXPENSIVE CONDO/TOWNHOUSE:</strong></em></p>
<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/ZUMWALT.jpg"><img class="alignnone size-full wp-image-5893" title="ZUMWALT" src="http://fostercityblog.com/wp-content/uploads/2012/01/ZUMWALT.jpg" alt="" width="320" height="240" /></a></p>
<p><a href="http://matrix.mlslistings.com/Matrix/Public/PhotoPopup.aspx?L=1&amp;TID=1&amp;key=11807150&amp;mtid=1&amp;n=23&amp;View=G&amp;i=15">712 Zumwalt</a> This waterfront townhouse at Harborside, a 4 bedroom unit sold for $818,000 and went with multiple offers.</p>
<p><em><strong>HIGHEST PRICE PER SQUARE FOOT:</strong></em></p>
<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/RUDDER.jpg"><img class="alignnone size-full wp-image-5894" title="RUDDER" src="http://fostercityblog.com/wp-content/uploads/2012/01/RUDDER.jpg" alt="" width="320" height="240" /></a></p>
<p><a href="http://matrix.mlslistings.com/Matrix/Public/PhotoPopup.aspx?L=1&amp;TID=1&amp;key=11585966&amp;mtid=1&amp;n=9&amp;View=G&amp;i=0">1027 Rudder</a> at Bayfront Court. This 2 bedroom waterfront sold for $688,000, or $502.00 a square foot. Waterfronts are nice&#8230;</p>
<p><em><strong>LOWEST PRICED CONDO/TOWNHOUSE: </strong></em></p>
<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/ADMIRALTY1.jpg"><img class="alignnone size-full wp-image-5895" title="ADMIRALTY1" src="http://fostercityblog.com/wp-content/uploads/2012/01/ADMIRALTY1.jpg" alt="" width="320" height="240" /></a></p>
<p><em><strong>3103 Admiralty Lane. </strong></em>That&#8217;s the only pic of this 1 bedroom unit that sold for $183,999. Last years lowest was also a 1 bedroom but it went for $294,000. This one was a foreclosure.</p>
<p><em><strong>LOWEST COST PER SQUARE FOOT: </strong></em></p>
<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/PORTOFINO1.jpg"><img class="alignnone size-full wp-image-5896" title="PORTOFINO1" src="http://fostercityblog.com/wp-content/uploads/2012/01/PORTOFINO1.jpg" alt="" width="320" height="240" /></a></p>
<p><a href="http://matrix.mlslistings.com/Matrix/Public/PhotoPopup.aspx?L=1&amp;TID=1&amp;key=11389599&amp;mtid=1&amp;n=9&amp;View=G&amp;i=0">665 Portofino</a> at The Islands. It sure takes something special to unseat Promontory Point for this award&#8230;but this one does it! It comes it at an incredible $200.00 per square foot. Of course you have to pay the $717.00 per month HOA dues.</p>
<p><em><strong>LONGEST ON THE MARKET</strong></em>:</p>
<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/BALBOA.jpg"><img class="alignnone size-full wp-image-5897" title="BALBOA!" src="http://fostercityblog.com/wp-content/uploads/2012/01/BALBOA.jpg" alt="" width="320" height="240" /></a></p>
<p><a href="http://matrix.mlslistings.com/Matrix/Public/PhotoPopup.aspx?L=1&amp;TID=1&amp;key=11244266&amp;mtid=1&amp;n=8&amp;View=G&amp;i=0">844 Balboa.</a> Once again at the Islands. This unit took <em><strong>336</strong></em> days to sell.</p>
<p><em><strong>GREATEST OVERBID:</strong></em></p>
<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/magellan1.jpg"><img class="alignnone size-full wp-image-5898" title="magellan1" src="http://fostercityblog.com/wp-content/uploads/2012/01/magellan1.jpg" alt="" width="320" height="240" /></a></p>
<p><a href="http://matrix.mlslistings.com/Matrix/Public/PhotoPopup.aspx?L=1&amp;TID=1&amp;key=11699882&amp;mtid=1&amp;n=24&amp;View=G&amp;i=0">842 Magellan</a> at Winston Square. This 3 bedroom unit sold for <em><strong>$36,240</strong></em> over asking and finished at $671,240.</p>
<p><em><strong>GREATEST AMOUNT UNDER ORIGINAL LIST PRICE:</strong></em></p>
<p><a href="http://fostercityblog.com/wp-content/uploads/2012/01/URSA.jpg"><img class="alignnone size-full wp-image-5899" title="URSA" src="http://fostercityblog.com/wp-content/uploads/2012/01/URSA.jpg" alt="" width="320" height="240" /></a></p>
<p><a href="http://matrix.mlslistings.com/Matrix/Public/PhotoPopup.aspx?L=1&amp;TID=1&amp;key=10972349&amp;mtid=1&amp;n=9&amp;View=G&amp;i=0">878 Ursa</a> in Isle Cove. This unit, a very nice one began at $690,000 and ended up a short sale and closed at <em><strong>$525,000. $165,000 </strong></em>under the orginal price.</p>
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