Redwood City Market Update, March 2020

Brett Caviness

04/2/20

Market Update

Changes from Last Month

40 homes were sold in Redwood City in March 2020, which is 5% up from 38 sales the month before.

Median Sale Price showed a 15% increase fromm $1,630,000 in February 2020 to $1,880,000 in March 2020.

March 2020 Days on Market (DOM) dropped to 10 from 14 in February 2020.

On average, sellers in Redwood City received 104% of their asking price in March 2020 compared to 102% in February 2020.

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