22 single family homes were listed for sale last week, and already 5 more have been listed this Monday morning. With this huge surge in listings, we're now up to 73 homes for sale in Redwood City, providing buyers with more opportunity than they have had all year. Despite the elevated inventory, prices aren't showing any signs of slowing down just yet. Though if this trend continues, I would expect to see some homes begin to sit on the market a bit longer, as competition among buyers is spread out over a much larger pool of homes for sale. Late September/October could prove to be an opportune time for Redwood City home buyer hopefuls.
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