Concerns about a K-shaped economy have entered the housing market. An important question is “do Silicon Valley house prices show a K-shaped trend?” The answer could be important to you whether you are a home buyer, a home seller, or a real estate investor….
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Redwood Shores Real Estate Trends
The plot of both average and median quarterly Redwood Shores house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the Redwood Shores real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
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