Redwood City Housing Market Report – April 2026
Here's a look at how the Redwood City, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 73
- Median Sale Price: $1,900,000
- Average Sale Price: $2,136,007
- Average Price Per Sq Ft: $1,270
- Average Days on Market: 34
- Sale-to-List Price Ratio: 106.4%
Month-Over-Month Trends
Compared to March, the median sale price in Redwood City moved 11.3% down (from $2,141,500 to $1,900,000). The number of homes sold was 46.0% up compared to the prior month (50 vs. 73). Average days on market shifted 24.4% down (45 days to 34 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 4.0% down (from $1,978,500 to $1,900,000). Sales volume is 28.1% up year-over-year.
What This Means
Redwood City's housing market is showing some interesting mixed signals this April. While median prices dipped 11.3% month-over-month to $1.9 million, sales volume surged 46 percent, suggesting spring seasonality is kicking in. Buyers are actively competing—homes are selling for 6.4% above asking price—and inventory is moving much faster, with days on market dropping from 45 to 34. This acceleration could reflect pent-up demand from earlier in the year or renewed buyer confidence as we head into the traditional peak season.
The year-over-year perspective tells a steadier story. Prices are essentially flat, down just 4 percent annually, while sales are up 28 percent. This suggests the market isn't in free fall but rather normalizing after last year's inventory crunch. The 155 active listings represent breathing room for buyers compared to past years, though homes still aren't sitting around—the median listed property has been on the market for 51 days.
What's really noteworthy is that despite the monthly price dip, homes continue selling above list price in a market with genuine supply. That's a reminder that Redwood City's location and character still command premium valuations. If you're thinking about selling, momentum is on your side.
Redwood City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94061 | 36 | $2,105,500 | $1,327 | 34 |
| 94062 | 14 | $3,000,000 | $1,391 | 36 |
| 94065 | 12 | $1,747,500 | $1,147 | 34 |
| 94063 | 11 | $1,405,000 | $1,065 | 35 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 58 | $2,265,000 | $1,384 |
| TOWNHOMES | 8 | $1,391,500 | $853 |
| CONDOS | 6 | $1,211,500 | $876 |
| MULTI_FAMILY | 1 | $980,000 | $357 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 1 |
| $750K+ | 72 |
Current Active Listings
As of this report, there are 155 active listings in Redwood City with a median asking price of $1,698,000 and an average of 51 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 San Mateo County — get a no-obligation cash offer today.