Intero's Market Report

Redwood City, CA

Single-Family Homes



Redwood City, CA

Thu Jan 21 2021
This week the median list price for Redwood City, CA is $1,574,900 with the market action index hovering around 62. This is about the same as last month's market action index of 62. Inventory has held steady at or around 33. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Redwood City, CA

Thu Jan 21 2021
This week the median list price for Redwood City, CA is $1,574,900 with the market action index hovering around 62. This is about the same as last month's market action index of 62. Inventory has held steady at or around 33. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Redwood City market.
Median List Price $1,574,900
Per Square Foot $1,046
Days on Market 75
Price Decreased 30%
Price Increased 0%
Relisted 6%
Inventory 33
Median Rent $3,750
Most Expensive $4,599,000
Least Expensive $828,888
Market Action 62
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,545,000 2,645 0.25 - 0.5 acre 4 3 53 5 2 24
$1,733,500 1,581 6,500 - 8,000 sqft 3 2 70 5 1 54
$1,499,943 1,775 4,500 - 6,500 sqft 3 2 71 1 0 100
$1,300,000 1,090 4,500 - 6,500 sqft 3 1 74 2 2 115