Monthly market wrap MONTHLY MARKET WRAP Redwood City Single-family homes · May 2026 The Redwood City market tilted hotter in May: most key signals moved the seller's way. Median sale price $2.48M ▲ +14.1% vs Apr Time to pending 9d ▼ 1 day faster vs Apr Sold over asking 81% ▼ -6 pts vs Apr Active listings 34 ▼ -5.6% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Redwood City Single-family homes · May 2026 Bidding wars are the norm in Redwood City: 81% of SFHs sold over asking. 107.6% average sale price vs. asking price Sold over asking 81% vs. a year ago +35 pts 107.0% 104.3% 101.5% Sold at asking price 107.6% 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 Single-family homes · May 2026 Redwood City SFHs are closing +7.6% above asking. The list price is the floor, not the ceiling. +$725K median sale price minus asking price Median asking price $1.75M Median sale price $2.48M $2.33M $2.02M $1.72M 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 Single-family homes · May 2026 Redwood City SFH values are climbing, up +7.3% in a year. $2.48M median sale price Year over year +7.3% Homes sold last month 32 $2.28M $1.99M $1.7M $2.48M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Redwood City Single-family homes · May 2026 Redwood City SFHs are flying off the market in 9 days, 5 days faster than last year. 9 days median time to pending Gone within two weeks 54% vs. a year ago 5 days faster 29d 19d 10d 9d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Redwood City Single-family homes · May 2026 Redwood City inventory is down 33.3% year over year, keeping buyer choice tight. 34 active listings Year over year -33.3% Months of supply 1.1 47 34 20 34 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 Single-family homes · May 2026 1 in 3 Redwood City listings cut its asking price last month, down 6 pts from a year ago. 29% of active listings cut their asking price vs. a year ago -6 pts Active listings 34 29% 23% 17% 29% 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 Single-family homes · May 2026 Redwood City moves at two speeds: 54% of SFHs were gone inside two weeks while the rest sat longer. 54% of listings went pending within two weeks Median time to pending 9 days vs. a year ago -9 pts 64% 42% 20% Half of listings 54% 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 Single-family homes · May 2026 December is historically Redwood City's calmest month for buyers: 5.7 pts less over-asking than April. December historically the calmest month for buyers Buyer's edge vs April -5.7 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.6 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 Single-family homes · May 2026 A Redwood City SFH bought in 2016 has gained +76% in value since. +76% median sale price growth since 2016 Median price in 2016 $1.41M Average gain per year +5.8% $2.09M $1.8M $1.51M $2.48M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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