Intero's Market Report

Redwood City, CA 94061

Single-Family Homes



Redwood City, CA 94061

Sat May 17 2025
This week the median list price for Redwood City, CA 94061 is $2,349,000 with the market action index hovering around 54. This is less than last month's market action index of 68. Inventory has increased to 35. 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

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Redwood City, CA 94061

Sat May 17 2025
This week the median list price for Redwood City, CA 94061 is $2,349,000 with the market action index hovering around 54. This is less than last month's market action index of 68. Inventory has increased to 35. 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

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Redwood City market.
Median List Price $2,349,000
Median Price of New Listings $2,600,000
Per Square Foot $1,239
Average Days on Market 71
Median Days on Market 21
Price Decreased 14%
Price Increased 0%
Relisted 6%
Inventory 35
Median Rent
Market Action 54
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$3,350,000 2,852 4,500 - 6,500 sqft 4 3.5 5 1 0 17
$2,600,000 2,120 4,500 - 6,500 sqft 4 2.5 72 4 2 7
$2,248,000 1,660 6,500 - 8,000 sqft 3 2 74 0 0 21
$1,595,000 1,240 4,500 - 6,500 sqft 3 2 79 0 1 21