Redwood Shores
A picturesque waterfront community in San Mateo County, California, is situated on the eastern shore of the San Francisco Bay. Established in the 1960s, it has evolved into a modern suburban enclave known for its scenic lagoons, well-maintained parks, and tranquil residential areas. The neighborhood is home to several major technology companies, including Oracle Corporation and Electronic Arts, contributing to its vibrant economy. With a population of around 12,000 residents, Redwood Shores offers a serene yet connected lifestyle, making it a desirable location for families and professionals alike.
Recent Market Trends
As of December 2024, the real estate market in Redwood Shores has experienced a decline. The median home sold price was approximately $1.48 million, representing a 17.4% decrease from the previous year. Homes in this area typically sell after 19 days on the market, indicating a moderately paced market. Despite the recent downturn, the area's desirable location and amenities continue to attract buyers.
Real Estate
Redwood Shores offers a diverse range of housing options to accommodate various preferences. Single-family homes are prevalent, with average prices around $1.8 million, providing spacious living in a serene environment. Condominiums and townhouses are also available, typically ranging from $800,000 to $1.5 million, appealing to those seeking a low-maintenance lifestyle. The neighborhood's waterfront properties and modern designs contribute to its unique charm.
Key Features & Attractions
Waterfront Living: The community is renowned for its picturesque setting, surrounded by water on three sides, with a series of lagoons and channels that enhance its aesthetic appeal and provide a peaceful environment for residents.
Parks and Recreation: The area is surrounded by parks, waterways, and is adjacent to the San Francisco Bay Trail, offering many options for outdoor recreation.
Proximity to Major Employers: The neighborhood is home to several major technology companies, including Oracle Corporation and Electronic Arts, contributing to its vibrant economy.
