3 beds, 3 baths, and 2,049 S/F on a 8,958 S/F lot - that's what $1,881,550 bought you last week in Redwood City. And if you wanted to compete for any of those homes you had to be quick to put together an enticing offer. Last week's 10 closed sales were on the market for an average of only 9 days, and sold at just about 10% (almost $170,000) over their asking price.
Once again, a week in which we saw a significant spike in inventory was negated by move in the other direction. Last weeks 17 pending sales brought our inventory total back under 30 after climbing to 35 the week prior.
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