Real Estate Market Update for Redwood City, CA

Video: Real Estate Community Tour for Redwood City, CA

See Real estate community tour for Redwood City, CA
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 100% from one year earlier, and up 100% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 1.15-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 11%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 1.4-million dollars. The number of units sold decreased 25% year-over-year, and increased 200% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Redwood City, CA
Area Information for Redwood City, CA
  • Population: 78,735
  • Median Age: 36.14 yr
  • Median Commute Time: 21.55 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 4,054/sq mi
  • Population Change Since 2000: 4.89%
  • Closest Airport: San Francisco International
  • Closest College: Notre Dame De Namur University
  • Closest Jr. College: Canada College
  • Median Household Income: $77,454
  • Annual Residential Turnover: 17.47%
  • Median Years in Residence: 3.35 yr
  • Median Home Sales Price: $699,000
  • Closest Major Sports Team: Raiders
  • Change Avg. Household Income Since 2000: 15%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Redwood City, CA
Median Age: 36.14 Married: 33% Number of Households: 28,164 Households with Children: 10,423
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Redwood City, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Redwood High School 1.3 mi Public 10-12 1 4
      Sequoia Preschool & Kindergarten 1.5 mi Private PRESCHOOL-K 0 5
      The Discovery Center School 1.6 mi Private K-12 0 0
      Our Lady Of Mt. Carmel 1.8 mi Catholic PRESCHOOL-8 0 5
      Sequoia High School 1.8 mi Public 9-12 3-5 3
      North Star Academy 1.9 mi Public 3-8 5 5
      Redeemer Lutheran School 1.9 mi Private K-8 0 4
      John Gill Elementary School 1.9 mi Public K-5 1 4
      Orion Alternative School 1.9 mi Public K-5 3-5 5
      Summit Preparatory Charter High School 1.9 mi Public 9-12 4-5 4
      Jean Weingarten Peninsula Oral Schl For The Deaf 2.0 mi Private PRESCHOOL-PRESCHOOL 0 0
      Connect Community Charter 2.0 mi Public - 0 0
      West Bay Christian Academy 2.1 mi Private PRESCHOOL-8 0 0
      Emerald Hills Academy 2.1 mi Private K-12 0 0
      Roosevelt Elementary School 2.2 mi Public K-8 2-5 4
      Everest Public High School 2.2 mi Public 9-12 4 4
      Adelante Spanish Immersion School 2.3 mi Public K-6 3-5 5
      Mckinley Institute Of Technology 2.3 mi Public 6-8 2 3
      Clifford Elementary School 2.3 mi Public K-8 3 4
      Hawes Elementary School 2.3 mi Public K-5 1 4
      Roy Cloud Elementary School 2.4 mi Public K-8 3-5 4
      Alpha Beacon Christian School 2.4 mi Private PRESCHOOL-12 0 4
      Wings Learning Center 2.4 mi Private - 0 5
      John F. Kennedy Middle School 2.7 mi Public 6-8 2 3
      Hoover Elementary School 3.0 mi Public PRESCHOOL-8 2 4
      Henry Ford Elementary School 3.1 mi Public PRESCHOOL-5 3 4
      St. Pius Elementary School 3.2 mi Catholic K-8 0 5
      Holy Family School Of St. Francis Center 3.2 mi Catholic K-8 0 0
      Redwoods International Montessori House Of Chldrn 3.6 mi Private PRESCHOOL-K 0 0
      Fair Oaks Elementary School 3.6 mi Public K-5 1 0
      Sandpiper Elementary School 3.7 mi Public K-5 5 5
      Summit Public School Shasta 3.8 mi Public - 0 0
      Redwood Shores Elementary School 3.8 mi Public K-5 4-5 5
      Wherry Academy 3.8 mi Private K-12 0 4
      Woodside High School 4.0 mi Public 9-12 3 4
      Taft Elementary School 4.2 mi Public PRESCHOOL-5 1 3
      Woodside Elementary School 4.5 mi Public PRESCHOOL-8 5 5
      Kings Mountain Elementary School 5.9 mi Public K-5 5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Redwood City, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.