Redwood City Real Estate Market Reaches Contracts Low Point

Over the last 30 days, 20 homes went under contract in the Redwood City market, the lowest amount since last January. As the market appears to be nearing a low, there were 40 homes sold over the same period. When comparing other close-by municipalities within the same period, the most came from Fremont with 97 contracts executed. The median sales price dropped to $1,288,000 over the latest reporting period for Redwood City, down from $1,320,000. Despite the falling contracts numbers, there is only one month of inventory remaining, indicating that Redwood City is a still strong seller's market.

Be the first to look at these new listings in Redwood City and you could discover the right home:

$1.5M   $1.1M   $699K  

Get started right now by checking out Redwood City homes for sale or reviewing Redwood City real estate trends.

Demographic facts about Redwood City:

  • The population has increased 2.7% over the past 10 years.
  • The lifestyle rating for this area is 81. (Scale: 1 = Worst, 100 = Best)
  • 73.2% of the residents commute to work alone in their car, 10.9% via carpool, and 4.8% by way of public transit.

Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Intero Real Estate Services
Snapped 19 homes in this area
Keller Williams
Snapped 2 homes in this area
Avant Real Estate Group
Snapped 2 homes in this area

Agents that specialize in this area
15 snaps in this area
63 snaps in this area
53 snaps in this area
8 snaps in this area
9 snaps in this area
7 snaps in this area
5 snaps in this area
5 snaps in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.