From January through June of 2017, there were 284 homes sold, with a median sale price of $1,315,000 - a 10.7% increase over the $1,188,000 median sale price for the same period of the previous year. There were 327 homes sold in Redwood City in the first half of 2016.
The median sales tax in Redwood City for the most recent year with available data, 2015, was $5,863, approximately 0.4% of the median home sale price for the first half of 2017.
The following table compares Redwood City to other San Mateo County cities with similar median sales prices in the first half of 2017:
| City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Belmont | 110 | 96 | 14.6% | $1,597,500 | $1,415,000 | 12.9% |
| Miramar | 6 | 5 | 20% | $1,497,500 | $1,365,000 | 9.7% |
| Millbrae | 89 | 66 | 34.8% | $1,465,000 | $1,300,000 | 12.7% |
| Los Trancos Woods | 4 | 1 | 300% | $1,427,500 | $1,120,000 | 27.5% |
| Foster City | 127 | 117 | 8.5% | $1,330,000 | $1,150,000 | 15.7% |
| Redwood City | 284 | 327 | -13.1% | $1,315,000 | $1,188,000 | 10.7% |
| San Mateo | 423 | 401 | 5.5% | $1,176,000 | $975,000 | 20.6% |
| San Mateo (unincorporated) | 14 | 13 | 7.7% | $1,077,500 | $1,230,000 | -12.4% |
| Montara | 18 | 16 | 12.5% | $1,025,000 | $837,500 | 22.4% |
| El Granada | 31 | 24 | 29.2% | $950,000 | $1,005,000 | -5.5% |
| North Fair Oaks | 50 | 45 | 11.1% | $924,000 | $925,000 | -0.1% |
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