Chris Iverson's Market Report
Redwood City, CA 94061
Single-Family Homes
Market data for your neighborhood, updated weekly.
Redwood City, CA 94061
Sat Sep 05 2026
This week the median list price for Redwood City, CA 94061 is $2,698,000 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has decreased to 19.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $2,698,000 | |
| Median Price of New Listings | $2,698,000 | |
| Per Square Foot | $1,295 | |
| Average Days on Market | 144 | |
| Median Days on Market | 28 | |
| Price Decreased | 11% | |
| Price Increased | 0% | |
| Relisted | 11% | |
| Inventory | 19 | |
| Median Rent | ||
| Market Action | 66 | |
| Strong Seller's Market | ||
Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $3,998,000 | 2,982 | 6,500 - 8,000 sqft | 4 | 3.5 | 74 | 0 | 1 | 49 |
| $2,998,000 | 2,740 | 4,500 - 6,500 sqft | 4 | 3.5 | 50 | 3 | 0 | 0 |
| $2,298,000 | 1,680 | 6,500 - 8,000 sqft | 3 | 2 | 75 | 2 | 2 | 119 |
| $1,769,000 | 1,229 | 4,500 - 6,500 sqft | 3 | 2 | 78 | 0 | 1 | 31 |