Redwood City Real Estate & Homes for Sale in California
Located on the San Francisco Peninsula in San Mateo County, Redwood City is graced with natural scenic beauty and an incredible variety of activities that few other places can match. The city is ideally positioned between San Francisco and San Jose and is the second largest city in the county with an estimated 85,000 residents. It is also the oldest bayside city in San Mateo County, incorporated in 1867, and has been the County Seat since 1856. (more)
Redwood City enjoys a strong economy with a combination of residential, commercial and service industries while experiencing rapid growth in computer and Internet companies as Silicon Valley heads north. Residents take great pride in the city's quality and award winning schools, immaculate neighborhoods, thriving economy, preserved natural terrain and community involvement. Its waterfront provides a yacht harbor and the only deep-water port in the south bay. For sports enthusiasts there is golf, tennis, wind surfing and horse racing. There are also historic mansions, museums, lighthouses and important landmarks of the county's fascinating past that will intrigue history buffs. Real estate options in Redwood City include condominiums, townhouses, single-family homes, estate properties, townhomes, and land. Redwood City offers its residents a high-quality standard of living in beautiful natural landscapes.
Redwood City, CA Real Estate Market: Prices of Homes for Sale
Single-family homes in Redwood City are priced starting from $700,000. Larger Redwood City houses with fireplaces and scenic greenbelt and city lights views start in the low $1,000,000s. Estate properties with spas and swimming pools, hill/mountain, valley/canyon, bay and ocean views are priced starting from the mid $1 million range to more than $3 million. Condominiums and townhouses in Redwood City start at $700,000 and range up in price to the mid-$1,000,000s. A moderate selection of Redwood City land and lots is available for custom development.
Redwood City, California Average Home Sizes and Asking Prices
Redwood City Real Estate Stats and Trends for the week of January 24th, 2020: homes priced around $1,977,515 compared to $1,947,133 the previous week, showing a increase of more than +2%. For Friday, January 24th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.