From 1 closed sale last week to 3 this week. Small sample sizes limit our ability to make many meaningful inferences from the sales data. Still, nothing terribly surprising from our prices.
Inventory has been fairly anemic so far in 2020. This time last year there were nearly twice as many single-family homes for sale in Redwood City. This is due in part to steady buyer activity, but is also likely reflective of sellers looking at the market with some uncertainty. A slow end to 2019 could have some sellers waiting until Spring time, when the market typically heats up a bit, to list their homes for sale.
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