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Redwood City 2007 real estate trends

January 23rd, 2008 · No Comments

Redwood Cityhome sales 2007

The number of single family homes sold in Redwood City droped 11.1% from 20060 to 2007.

570 homes were sold in 2006 and 507 homes were sold in 2007.

The average and median prices increased 6.8% and 4.1% respectively to $1,030,281 and $885,000.

Redwood City 2007 condominium and townhouse sales data

The number of Redwood City condominium and townhouse sales dropped 14.9% from 2006 to 2007.  There were 74 sales in 2006 and 63 in 2007.

As with single family homes, the average and median prices also increased 6.9% and 12.8% respectively. $591,594 average price and $597,400 median price.

To find market data in other San Mateo communities, please go to San Mateo County Real Estate Data on my blog www.SFPeninsulaREGuru.com.

Tags: Redwood City real estate · Real Estate Data · Real Estate

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