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Redwood City, CA Real Estate & Property Data

Redwood City Real Estate Market Trends

Last Updated: April 16, 2024

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Redwood City, CA. ATTOM offers up to date Redwood City real estate data that is refreshed daily. Current market trends reveal that in the past year, 773 residential properties have been sold in Redwood City, CA, with a median home price of $2,000,000. The average square footage of these properties is 1,929 sq ft, and the effective property tax rate is 0.62%. Additionally, there have been 10 foreclosures in the area in the past month. ATTOM is your one-stop-shop for detailed property data in Redwood City, CA, providing you with the real estate information you need.

Redwood City Real Estate Market Trends

Get property data for any address in Redwood City, CA or the country:

Total Residential Properties 26,026

Total Commercial Properties 1,639

Avg. Home Age (Single Family Home) 65 Years

Avg. Square Feet (Single Family Home) 1,929

Total 2024 Residential Sales (year-to-date) 91

% of Homes Seriously Underwater (Q2 2024) 0.52%

Total 2023 Residential Sales 714

% of Equity Rich Homes (Q2 2024) 61.11%

Effective 2023 Property Tax 0.62%

Total Foreclosure Filings (year-to-date) 13

Redwood City, CA Real Estate Overview

In the last year, 773 residential properties were sold in Redwood City, CA, with a median home value of $2,032,000. Redwood City, CA has a total of 26,026 residential properties, including properties across 4 zip codes and 1050 streets.

Median Sales Price i

$2,000,000

(Feb 2024)

+6.7%

year-over-year

y-o-y

February '24 Feb '24 $2,000,000
January '24 Jan '24 $1,782,000
December '23 Dec '23 $2,195,000
November '23 Nov '23 $2,150,000
October '23 Oct '23 $2,198,000
September '23 Sep '23 $2,200,000
August '23 Aug '23 $2,206,000
July '23 Jul '23 $2,175,000
June '23 Jun '23 $2,160,000
May '23 May '23 $2,050,000
April '23 Apr '23 $1,940,000
March '23 Mar '23 $2,088,000

Median Down Payment i

$547,500

(Feb 2024)

+6.1%

year-over-year

y-o-y

February '24 Feb '24 $547,500
January '24 Jan '24 $775,000
December '23 Dec '23 $604,500
November '23 Nov '23 $537,500
October '23 Oct '23 $586,250
September '23 Sep '23 $678,500
August '23 Aug '23 $715,215
July '23 Jul '23 $537,500
June '23 Jun '23 $570,000
May '23 May '23 $525,000
April '23 Apr '23 $485,000
March '23 Mar '23 $499,250

Number of Homes Sold i

50

(Feb 2024)

+25%

year-over-year

y-o-y

February '24 Feb '24 50
January '24 Jan '24 41
December '23 Dec '23 65
November '23 Nov '23 55
October '23 Oct '23 60
September '23 Sep '23 60
August '23 Aug '23 74
July '23 Jul '23 60
June '23 Jun '23 84
May '23 May '23 74
April '23 Apr '23 56
March '23 Mar '23 54

Number of Purchase Loans i

44

(Feb 2024)

+29.4%

year-over-year

y-o-y

February '24 Feb '24 44
January '24 Jan '24 24
December '23 Dec '23 49
November '23 Nov '23 42
October '23 Oct '23 49
September '23 Sep '23 39
August '23 Aug '23 53
July '23 Jul '23 50
June '23 Jun '23 60
May '23 May '23 60
April '23 Apr '23 40
March '23 Mar '23 49

Number of REFI Loans i

24

(Feb 2024)

+9.1%

year-over-year

y-o-y

February '24 Feb '24 24
January '24 Jan '24 23
December '23 Dec '23 19
November '23 Nov '23 11
October '23 Oct '23 24
September '23 Sep '23 24
August '23 Aug '23 31
July '23 Jul '23 28
June '23 Jun '23 36
May '23 May '23 54
April '23 Apr '23 26
March '23 Mar '23 33

Number of HELOC Loans i

16

(Feb 2024)

-11.1%

year-over-year

y-o-y

February '24 Feb '24 16
January '24 Jan '24 17
December '23 Dec '23 13
November '23 Nov '23 15
October '23 Oct '23 11
September '23 Sep '23 20
August '23 Aug '23 21
July '23 Jul '23 23
June '23 Jun '23 17
May '23 May '23 24
April '23 Apr '23 20
March '23 Mar '23 16

Redwood City, CA Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

94061
$2,032,000 $1,053.6/sqft
94062
$2,445,125 $1,035.94/sqft
94063
$1,263,000 $1,031.83/sqft
94065
$1,812,500 $887.65/sqft

Redwood City, CA Foreclosure Activity

There were a total of 10 Redwood City, CA properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

10

(Feb 2024)

+400%

year-over-year

y-o-y

February '24 Feb '24 10
January '24 Jan '24 3
December '23 Dec '23 2
November '23 Nov '23 5
October '23 Oct '23 1
September '23 Sep '23 14
August '23 Aug '23 3
July '23 Jul '23 3
June '23 Jun '23 7
May '23 May '23 4
April '23 Apr '23 5
March '23 Mar '23 3

Foreclosure Starts i

8

(Feb 2024)

+700%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 4
October '23 Oct '23 1
September '23 Sep '23 10
August '23 Aug '23 2
July '23 Jul '23 1
June '23 Jun '23 4
May '23 May '23 3
April '23 Apr '23 5
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 2

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