Cliff's Notes...on Real Estate

Useful information YOU may use to help buy or sell SF Bay Homes in California. With a total of 39+ years of experience in real estate, I bring to the table what YOU want in your Realtor. Get a winning team in your corner when you sell or buy a home.

Tuesday, April 15, 2008

Current Redwood City Market Snapshot

Redwood City Market Snapshot:
7-Day Intervals:
3/23 3/30 4/7 4/15
Listings: 8 18 24 17
Price Increase: 0 0 0 0
Price Decrease: 10 7 8 6
Sold: 8 11 9 6
Expired: 0 0 6 1
Cancelled: 1 5 5 4
Withdrawn: 2 1 1 2
Pending: 16 12 14 12

My interpretation is we are still in a strong real estate market with Solds and Pendings higher than new Listings. That is what's called a “sellers market” and buyers are still buying homes in Redwood City.

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