Redwood City Housing Market Report – June 2026
Here's a look at how the Redwood City, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 94
- Median Sale Price: $1,963,250
- Average Sale Price: $2,128,983
- Average Price Per Sq Ft: $1,159
- Average Days on Market: 47
- Sale-to-List Price Ratio: 104.6%
Month-Over-Month Trends
Compared to May, the median sale price in Redwood City moved 7.4% down (from $2,120,000 to $1,963,250). The number of homes sold was 54.1% up compared to the prior month (61 vs. 94). Average days on market shifted 17.5% up (40 days to 47 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 3.3% up (from $1,900,000 to $1,963,250). Sales volume is 32.4% up year-over-year.
What This Means
Redwood City's June market shows a tale of two trends that paint a nuanced picture for sellers and buyers. While the jump in sales volume looks impressive on the surface, this likely reflects improved data collection rather than a genuine market surge. The more telling story is in the price action: the median dipped 7.4% month-over-month, suggesting some seasonal softening as we enter summer. However, year-over-year prices are still up 3.3%, indicating the market hasn't lost its footing despite recent interest rate pressures affecting buyer appetite across the Bay Area.
What's particularly interesting is the slight uptick in days on market, now at 47 days versus 40 in May. This isn't alarming, but it signals slightly less urgency than earlier this spring. That said, homes are still selling for 104.6% of list price, which means sellers retain meaningful negotiating power. The gap between the median and average prices suggests some higher-end deals are still closing, though the bulk of activity clusters below $2 million.
With 162 active listings on hand and inventory slowly building, buyers finally have a bit more breathing room. For sellers, expect competitive markets but not desperation pricing.
Redwood City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94061 | 35 | $2,060,000 | $1,228 | 42 |
| 94062 | 27 | $2,770,000 | $1,236 | 45 |
| 94065 | 17 | $1,200,000 | $1,010 | 58 |
| 94063 | 15 | $1,500,000 | $1,028 | 48 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 67 | $2,375,000 | $1,327 |
| CONDOS | 15 | $780,000 | $787 |
| MULTI_FAMILY | 6 | $1,560,000 | $610 |
| TOWNHOMES | 4 | $1,362,910 | $852 |
| CONDO | 1 | $1,200,000 | $727 |
| OTHER | 1 | $1,900,000 | $480 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $500K - $749K | 6 |
| $750K+ | 87 |
Current Active Listings
As of this report, there are 162 active listings in Redwood City with a median asking price of $1,698,000 and an average of 68 days on market.
Thinking About Selling Your Redwood City Home?
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