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Welcome to The Rossetti Realty Market Update.
If you’re considering buying or selling residential real estate, you need to understand current market trends.
According to MLS Listings, the marketplace for Redwood City residential properties here’s what happened in Q3 2026 VS Q3 2025:
The Number of SOLD listings increased by 5% to 162 properties, with a top sale of $5,625,000 at 61 Myrtle Street.
The Average Sales Price increased by 11% to $2,275,538, while the Average Price per Square Foot increased by 10% to $1,235.
As measured in monthly supply, the inventory of properties available for sale remained unchanged at 1.80 months’ worth of inventory.
The average 30-year fixed mortgage rate increased by 15% to 7.18%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, contact Gail.
