Redwood City Housing Market Report – August 2026
Here's a look at how the Redwood City, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 68
- Median Sale Price: $1,815,000
- Average Sale Price: $1,878,119
- Average Price Per Sq Ft: $1,152
- Average Days on Market: 49
- Sale-to-List Price Ratio: 104.6%
Month-Over-Month Trends
Compared to July, the median sale price in Redwood City moved 15.6% down (from $2,150,000 to $1,815,000). The number of homes sold was 1.4% down compared to the prior month (69 vs. 68). Average days on market shifted 6.5% up (46 days to 49 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 0.8% up (from $1,800,000 to $1,815,000). Sales volume is 33.3% up year-over-year.
Redwood City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94061 | 34 | $2,030,000 | $1,235 | 39 |
| 94063 | 14 | $1,341,250 | $1,020 | 56 |
| 94065 | 13 | $1,550,000 | $919 | 70 |
| 94062 | 7 | $2,820,000 | $1,495 | 53 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 47 | $2,100,000 | $1,304 |
| CONDOS | 8 | $1,142,500 | $793 |
| MULTI_FAMILY | 6 | $1,917,500 | $740 |
| TOWNHOMES | 6 | $1,480,000 | $856 |
| LAND | 1 | $1,400,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 2 |
| $750K+ | 66 |
Current Active Listings
As of this report, there are 193 active listings in Redwood City with a median asking price of $1,689,000 and an average of 60 days on market.
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