Redwood City Housing Market Report – March 2026
Here's a look at how the Redwood City, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 50
- Median Sale Price: $2,141,500
- Average Sale Price: $2,192,756
- Average Price Per Sq Ft: $1,162
- Average Days on Market: 45
- Sale-to-List Price Ratio: 104.4%
Month-Over-Month Trends
Compared to February, the median sale price in Redwood City moved 15.8% up (from $1,850,000 to $2,141,500). The number of homes sold was 72.4% up compared to the prior month (29 vs. 50). Average days on market shifted 13.5% down (52 days to 45 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 6.4% up (from $2,012,500 to $2,141,500). Sales volume is 8.7% up year-over-year.
What This Means
Redwood City's March market is showing some real momentum. Sales volume jumped 72 percent month-over-month, and homes are selling for over asking price on average, which tells you there's genuine buyer appetite right now. The median price of $2.14 million is up nearly 16 percent from February, though that monthly swing likely reflects normal seasonality as spring brings more serious buyers off the sidelines. Year-over-year, we're seeing more measured growth at 6.4 percent, which is a healthier indicator of the true trajectory.
What's particularly interesting is that homes are moving faster, spending 45 days on market versus 52 days a month ago. Combine that with the 104.4 percent sale-to-list ratio, and you've got a seller's market playing out in real time. Buyers are competing, and properties priced right are getting multiple offers or better terms. The inventory snapshot is telling though: 114 active listings sitting at a median asking price of $1.67 million, but many lingering at 57 days on market. That gap between sold homes and listed inventory suggests the sweet spot is probably between $1.7 and $2.2 million, where the single-family homes are concentrated.
Redwood City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94061 | 22 | $2,003,000 | $1,250 | 33 |
| 94062 | 13 | $3,650,000 | $1,279 | 68 |
| 94065 | 10 | $1,262,500 | $996 | 44 |
| 94063 | 5 | $1,020,000 | $804 | 44 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 38 | $2,470,000 | $1,299 |
| CONDOS | 6 | $660,000 | $715 |
| TOWNHOMES | 4 | $1,212,500 | $818 |
| MOBILE | 1 | $220,000 | $302 |
| MULTI_FAMILY | 1 | $2,575,000 | $898 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $400K - $499K | 1 |
| $500K - $749K | 4 |
| $750K+ | 44 |
Current Active Listings
As of this report, there are 114 active listings in Redwood City with a median asking price of $1,670,000 and an average of 57 days on market.
Thinking About Selling Your Redwood City Home?
If you're a homeowner in Redwood City considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Redwood City and throughout the Central Valley — get a no-obligation cash offer today.