Redwood City

What's in the Redwood City data?

In April, Redwood had 68 homes for sale; providing the market with 09 months of inventory. There are 36 new listings and a total of 33 homes sold. The median sale price was $1.9m, and the median overbid was 98.8%. The average time on the market was 18 days.

There are 18 condo and townhome units for sale, providing the market with 0.9 months of inventory. There are 11 new listings for sale, and 2 condo sold with a median sale price of $1.2m. The median overbid was 102%, with an average of 26 days on the market.

CO Condo & To

11 New Listings

0.9 Months of Inventory $

102% Median Sale vs List Av

Median Sales Price

Single-Family Homes

The median sale price has decreased from $23m in April 2022, to $19m as of April 2023

The median sale price has increased from $1m in April 2022, to $12m as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 1127% in April 2022, to 989% a year later

Condos & Townhomes

The overbid percentage has decreased from 105.1% in April 2022, to 102% a year later.

AVG Days On the Market

The average time spent on the market increased from 16 days in April 2022, to 18 days as of April 2023

The average time spent on the market increased from 8 days in April 2022, to 26 days as of April 2023