Monthly market wrap MONTHLY MARKET WRAP Redwood City Townhouses · May 2026 Redwood City held steady in May: the key market signals were mixed. Median sale price $1.67M ▲ +19.9% vs Apr Time to pending 16d ▲ 2 days slower vs Apr Sold over asking 80% ▲ +68 pts vs Apr Active listings 9 ▲ +50.0% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Redwood City Townhouses · May 2026 Bidding wars are the norm in Redwood City: 80% of townhouses sold over asking. 103.4% average sale price vs. asking price Sold over asking 80% vs. a year ago +30 pts 104.0% 101.0% 97.9% Sold at asking price 103.4% 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 Townhouses · May 2026 The typical Redwood City townhouse closes +3.4% above its asking price. -$81K median sale price minus asking price Median asking price $1.75M Median sale price $1.67M $1.98M $1.65M $1.32M Sold Asking Jun 2024 Jul 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Redwood City Townhouses · May 2026 Redwood City townhouse values are climbing, up +21.2% in a year. $1.67M median sale price Year over year +21.2% Homes sold last month 5 $1.7M $1.51M $1.31M $1.67M Apr 2019 Oct 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Redwood City Townhouses · May 2026 The typical Redwood City townhouse goes pending in 16 days, 15 days faster than last year. 16 days median time to pending Gone within two weeks 40% vs. a year ago 15 days faster 58d 39d 19d 16d Jun 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Redwood City Townhouses · May 2026 Redwood City inventory is up 50.0% year over year, so sellers have more competition. 9 active listings Year over year +50.0% Months of supply 1.8 12 8 4 9 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 Townhouses · May 2026 22% of Redwood City listings cut their asking price last month, down 28 pts from a year ago. 22% of active listings cut their asking price vs. a year ago -28 pts Active listings 9 46% 38% 30% 22% 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 Townhouses · May 2026 Redwood City moves at two speeds: 40% of townhouses were gone inside two weeks while the rest sat longer. 40% of listings went pending within two weeks Median time to pending 16 days vs. a year ago +23 pts 73% 44% 16% Half of listings 40% 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 Townhouses · May 2026 November is historically Redwood City's calmest month for buyers: 5.6 pts less over-asking than May. November historically the calmest month for buyers Buyer's edge vs May -5.6 pts Years of Redfin data 10+ Yearly average J F M A M J J A S O N D -2.5 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 Townhouses · May 2026 A Redwood City townhouse bought in 2016 has gained +59% in value since. +59% median sale price growth since 2016 Median price in 2016 $1.05M Average gain per year +4.7% $1.51M $1.3M $1.09M $1.67M Mar 2016 Mar 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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