Intero's Market Report

Redwood City, CA

Single-Family Homes



Redwood City, CA

Tue Nov 24 2020
This week the median list price for Redwood City, CA is $1,642,000 with the market action index hovering around 57. This is an increase over last month's market action index of 56. Inventory has held steady at or around 74. Click here to stay informed with the Redwood City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Redwood City, CA

Tue Nov 24 2020
This week the median list price for Redwood City, CA is $1,642,000 with the market action index hovering around 57. This is an increase over last month's market action index of 56. Inventory has held steady at or around 74. Click here to stay informed with the Redwood City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Redwood City market.
Median List Price $1,642,000
Per Square Foot $1,046
Days on Market 56
Price Decreased 27%
Price Increased 5%
Relisted 7%
Inventory 74
Median Rent $3,900
Most Expensive $4,599,000
Least Expensive $829,888
Market Action 57
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$3,075,000 2,947 8,000 - 10,000 sqft 4 4 35 3 4 60
$1,895,000 2,040 6,500 - 8,000 sqft 4 3 60 5 7 64
$1,499,888 1,490 4,500 - 6,500 sqft 3 2 71 6 7 43
$1,199,888 1,090 4,500 - 6,500 sqft 2 1 74 1 8 54