Mike Bohnert | The Bohnert Group
Redwood City, CA
Single-Family Homes
DRE #01325031
Redwood City, CA
Sun Mar 29 2026
This week the median list price for Redwood City, CA is $2,150,000 with the market action index hovering around 59. This is less than last month's market action index of 60. Inventory has increased to 49.
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 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.
Real-Time Market Profile
| Median List Price | $2,150,000 | |
| Median Price of New Listings | $1,806,500 | |
| Per Square Foot | $1,161 | |
| Average Days on Market | 88 | |
| Median Days on Market | 28 | |
| Price Decreased | 18% | |
| Price Increased | 4% | |
| Relisted | 12% | |
| Inventory | 49 | |
| Median Rent | ||
| Market Action | 59 | |
| Strong Seller's Market | ||
Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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 |
|---|---|---|---|---|---|---|---|---|
| $3,880,000 | 3,094 | 0.25 - 0.5 acre | 4 | 3.5 | 42 | 2 | 1 | 21 |
| $2,397,000 | 1,880 | 4,500 - 6,500 sqft | 4 | 3 | 74 | 2 | 5 | 42 |
| $1,797,000 | 1,511 | 4,500 - 6,500 sqft | 3 | 2 | 78 | 4 | 1 | 7 |
| $1,296,500 | 1,250 | 4,500 - 6,500 sqft | 3 | 2 | 79 | 4 | 4 | 7 |