March 2024 Real Estate Report

Homes For Sale
83 Total
Homes For Sale
Homes added
59 Homes
Added to the Market
Homes For Sale
26 Homes
Sold
Compared to Previous Month
22%
More Homes For Sale
home chart
-27%
Fewer Homes Sold
add_circle

Last month in March, housing in Redwood City, CA ended with 59 homes being added to the market for sale, for a cumulative monthly total of 83 homes for sale - up 22% compared to February. Redwood City, CA had a total of 26 homes sold for the month - down -27% from the month prior.

Detached led the way in homes sold with a total of 21 - down -10%, while attached totaled 5 in closed sales - down -100% from the month of February. The number of detached properties sold under 1500 square feet totaled 8 for the month of March, while homes from 1500 to 2000 square feet recorded 5 sales and homes sized from 2000 to 2500 square feet had 5 sales. While homes from 2500 to 3000 square feet square feet recorded 2 homes sold and homes from 3000 to 3500 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 4 and attached homes in the square feet range of 1500 to 2000 recorded 1 sales. The following ranges for attached homes all had no sales: 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Redwood City, CA?
June:
47 Homes Sold
add_circle

The last 12 month period for the city of Redwood City, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and August 2023. The months of May 2023, June 2023 and August 2023 had 39 - 47 and 41 homes sold, respectively, as compared to an average of 30 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in Redwood City, CA?
March:
15 Days On Market
add_circle

The last 12 month period for the city of Redwood City, CA shows that homes sold the fastest during the months of July 2023, October 2023 and March 2024. The months of July 2023, October 2023 and March 2024 had 15 - 17 and 15 days on market, respectively, as compared to an average of 26 for the other months of the year.


Average Price Of Homes Sold In Redwood City, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Redwood City, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Redwood City, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024153326 - - - - - - - - - 74
2023182633323947314128333338399
2022292953696951534545464129559
2021402950736378697667545840697
2020174641292451555954725459561
2019313150506154693738555040566
2018253448485058484735483729507
2017242251395163404146546539535
Average Days On Market (DOM) In Redwood City, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024512315 - - - - - - - - - 30
202337382621182115182317283325
2022081212161210212422333917
202132361914201317131519122219
202032292010132526202125272923
201929322322182625272418224426
201839131611151423151418233520
201731301213111813182114132518
Average Days From List To Close Of Escrow In Redwood City, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024904638 - - - - - - - - - 58
202377625645454436416638545952
202263354439424253535549636951
202168665143484345434654394950
202061574739435253495260575752
201961554448425352565542496852
201880384132403847434042466346
201767563637344741455139344845
Number of homes added to the market in Redwood City, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024443559 - - - - - - - - - 138
2023293340435652524359393513494
2022394773816256463761302812572
2021384479747167756956553317678
2020379033374950657761684024631
2019483458667653343662512116555
2018393862525740465156403110522
2017402855575447434262583616538