$1,395,000
2,318 SqFt
4 Beds
•2 Full Baths
Theodore Bielen, Listing Office: Loans Realty Elite Corporation
November 2024
Report Updated 21 Days Ago
Is Redwood Heights, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Redwood Heights was a Seller's Market.
How much do homes in Redwood Heights, CA cost?
$1,179,000
$688/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Redwood Heights was $1,179,000 in November 2024, down 6.4% from last year, and the median price per square foot was $688.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.0M | - | N/A |
2 Bedrooms | $850K | $965K | +13.5% |
3 Bedrooms | $1.3M | $1.2M | -9.1% |
4 Bedrooms | $1.4M | $1.2M | -16.4% |
5+ Bedrooms | $1.5M | $1.4M | -11.7% |
Summary: Redwood Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes decreased by 11.7%.
Redwood Heights | $1.2M | $1.1M | -6.4% |
Upper Laurel | $942.5K | $850K | -9.8% |
Lincoln Highlands | $1.4M | $1.2M | -16.6% |
How many homes are available in Redwood Heights, CA?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The Redwood Heights real estate market had 19 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Redwood Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 100%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Redwood Heights in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
How long does it take to sell a home in Redwood Heights, CA?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
25 Days | 81 Days | +219.6% |
Summary: Homes in Redwood Heights had an average of 81 days on market in Nov 2024, up by 219.6% compared to last year.
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2024, 2 homes were sold in Redwood Heights; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 21 Days Ago
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Based on information from California Regional MLS for the period 12/01/2022 - 12/01/2024
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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