Property prices for sale in Redwood City (California)

The prices in real estate in Redwood City, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$1,490,641.5
Average price last 6 months
$907.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Redwood City has fallen in the last 6 months. In August, the average price per sq.feet was $950. In the following month the price per sq.feet decreased to $902. In the following two months the price per sq.feet has barely changed, going from $926 to $925.5 per sq.feet. The price per sq.feet has decreased 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $925.75 to $871.5 during December, and January.

Average price

Based upon to the price in Redwood City (cities), this has gone downing the last 6 months. The average price for August is $1,647,731. During September the price had a slight fall till $1,508,677. During the following two months (October, November) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,502,628 and $1,466,668.5 between December and January.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,481,142 they are 55 % more affordable than the average price for Redwood City. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,355,403.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $629 / sq.feet, with an average $790 / sq.feet price in Redwood City. The properties with the highest average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $816 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,481,142 it is 48 % cheaper than the average price in Redwood City. "Office" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $1,586,044 it is 30 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $509 / sq.feet followed by "Townhouse" priced at $856 / sq.feet. "Duplex" is the most costly type of property with a $3,901 / sq.feet cost followed by "Office" with an average price of $2,056 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Redwood City
Number of properties used in region California
$1,481,142
$790
1,046
1,313,874
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value