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Market Pulse

Redwood City market insights

A local market update for Townhouse, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPRedwood CityTownhouses · May 2026Redwood City held steady in May: the keymarket signals were mixed.Median sale price$1.67M+19.9% vs AprTime to pending16d2 days slower vs AprSold over asking80%+68 pts vs AprActive listings9+50.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGRedwood CityTownhouses · May 2026Bidding wars are the norm in RedwoodCity: 80% of townhouses sold overasking.103.4%average sale price vs. asking priceSold over asking80%vs. a year ago+30 pts104.0%101.0%97.9%Sold at asking price103.4%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPRedwood CityTownhouses · May 2026The typical Redwood City townhousecloses +3.4% above its asking price.-$81Kmedian sale price minus asking priceMedian asking price$1.75MMedian sale price$1.67M$1.98M$1.65M$1.32MSoldAskingJun 2024Jul 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICERedwood CityTownhouses · May 2026Redwood City townhouse values areclimbing, up +21.2% in a year.$1.67Mmedian sale priceYear over year+21.2%Homes sold last month5$1.7M$1.51M$1.31M$1.67MApr 2019Oct 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLRedwood CityTownhouses · May 2026The typical Redwood City townhouse goespending in 16 days, 15 days faster thanlast year.16 daysmedian time to pendingGone within two weeks40%vs. a year ago15 days faster58d39d19d16dJun 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSRedwood CityTownhouses · May 2026Redwood City inventory is up 50.0% yearover year, so sellers have morecompetition.9active listingsYear over year+50.0%Months of supply1.812849Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSRedwood CityTownhouses · May 202622% of Redwood City listings cut theirasking price last month, down 28 ptsfrom a year ago.22%of active listings cut their asking pricevs. a year ago-28 ptsActive listings946%38%30%22%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETRedwood CityTownhouses · May 2026Redwood City moves at two speeds: 40% oftownhouses were gone inside two weekswhile the rest sat longer.40%of listings went pending within two weeksMedian time to pending16 daysvs. a year ago+23 pts73%44%16%Half of listings40%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYRedwood CityTownhouses · May 2026November is historically Redwood City'scalmest month for buyers: 5.6 pts lessover-asking than May.Novemberhistorically the calmest month for buyersBuyer's edge vs May-5.6 ptsYears of Redfin data10+Yearly averageJFMAMJJASOND-2.5 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICERedwood CityTownhouses · May 2026A Redwood City townhouse bought in 2016has gained +59% in value since.+59%median sale price growth since 2016Median price in 2016$1.05MAverage gain per year+4.7%$1.51M$1.3M$1.09M$1.67MMar 2016Mar 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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