Monthly market wrap MONTHLY MARKET WRAP Redwood City All home types · May 2026 The Redwood City market eased in May: most key signals moved the buyer's way. Median sale price $2.21M ▲ +16.4% vs Apr Time to pending 12d ▲ 2 days slower vs Apr Sold over asking 70% ▼ -7 pts vs Apr Active listings 83 ▲ +15.3% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Redwood City All home types · May 2026 Most Redwood City homes are still selling over asking (70%). Price to invite competition. 105.3% average sale price vs. asking price Sold over asking 70% vs. a year ago +29 pts 105.1% 103.1% 101.1% Sold at asking price 105.3% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Redwood City All home types · May 2026 Redwood City homes are closing +5.3% above asking. The list price is the floor, not the ceiling. +$463K median sale price minus asking price Median asking price $1.75M Median sale price $2.21M $2.09M $1.87M $1.66M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Redwood City All home types · May 2026 Redwood City home values are climbing, up +16.4% in a year. $2.21M median sale price Year over year +16.4% Homes sold last month 43 $1.91M $1.73M $1.54M $2.21M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Redwood City All home types · May 2026 Redwood City homes are flying off the market in 12 days, 5 days faster than last year. 12 days median time to pending Gone within two weeks 48% vs. a year ago 5 days faster 44d 30d 15d 12d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Redwood City All home types · May 2026 Redwood City inventory is down 11.7% year over year, a steadier supply picture for homes. 83 active listings Year over year -11.7% Months of supply 1.9 83 64 45 83 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Redwood City? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Redwood City All home types · May 2026 23% of Redwood City listings cut their asking price last month, down 7 pts from a year ago. 23% of active listings cut their asking price vs. a year ago -7 pts Active listings 83 28% 23% 17% 23% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Redwood City All home types · May 2026 Redwood City moves at two speeds: 48% of homes were gone inside two weeks while the rest sat longer. 48% of listings went pending within two weeks Median time to pending 12 days vs. a year ago -1 pts 55% 35% 16% Half of listings 48% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Redwood City All home types · May 2026 January is historically Redwood City's calmest month for buyers: 5.6 pts less over-asking than April. January historically the calmest month for buyers Buyer's edge vs April -5.6 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.7 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Redwood City All home types · May 2026 A Redwood City home bought in 2016 has gained +77% in value since. +77% median sale price growth since 2016 Median price in 2016 $1.25M Average gain per year +5.9% $1.78M $1.56M $1.34M $2.21M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
Get your own Market Pulse ListingCopilot gives you a free branded market report page like this one for every city you serve, plus share-ready cards refreshed monthly with the latest market data.
Create your free page 