New inventory is hitting the market fast, with 65 homes being listed in Redwood City in just the last 3 weeks. The elevated inventory doesn't seem to be having too much of an effect on prices or days on market yet, and our open houses at our Redwood City listings have all been steadily busy lately. Buyer activity remains strong, but should inventory continue to swell, I'd expect prices to plateau and homes begin to sit on the market a little longer.
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