Monday, July 9, 2018

7/2/2018 - 7/8/2018

15 homes were listed for sale last week, and 5 more have already been listed this week just a couple hours into Monday.  This brings inventory back up to 43 single-family homes for sale, and should give home buyers plenty of open houses to tour this weekend.  

This week's average sales price of $1,440,625 was well below Redwood City's year-to-date average of $1,830,698, but that's more reflective of the size and location of the homes that sold rather than a slow down in prices.   The average price per square foot was still well over $1,000, and the 8 sales closed at an average of above 8% over the asking price.


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