Is Woodside, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodside is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Woodside has remained a Seller's Market.

Key Takeaway

Woodside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Woodside, CA

How much do homes in Woodside, CA cost?

Median Sold Price

$4,912,500

$1,404/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$387,500(-7.3%)

Key Takeaway

Homes in Woodside have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Woodside was $4,912,500 in March 2024, down 7.3% from last year, and the median price per square foot was $1,404.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $3.7M$2.2M
-42.0%
3 $5.3M$2.9M
-44.9%
4 $5.2M$5.0M
-3.0%
5+ $10.6M$12.0M
+13.3%

Summary: Woodside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42%, 3 bedroom homes decreased by 44.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Cities

Atherton
+3.9%
Redwood City
+1.2%
Woodside
-7.3%
Portola Valley
-8.5%

Housing Supply in Woodside, CA

How many homes are available in Woodside, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2324+4.3%

Summary: The Woodside real estate market had 24 homes for sale in March 2024, a 4.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 66
0.0%
4 88
0.0%
5+ 810
+25.0%

Summary: The Woodside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodside, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Woodside in March 2024, up by 50.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Woodside, CA

How long does it take to sell a home in Woodside, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
18 Days38 Days+112.2%

Summary: Homes in Woodside had an average of 38 days on market in Mar 2024, up by 112.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Woodside are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Woodside; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 24 Days Ago

Newest Listings in Woodside, CA

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