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Real Estate Prices & Overview

Redwood Shores West median real estate price is $1,895,140, which is more expensive than 86.8% of the neighborhoods in California and 97.3% of the neighborhoods in the U.S.

The average rental price in Redwood Shores West is currently $5,537, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.2% of the neighborhoods in California.

Redwood Shores West is a suburban neighborhood (based on population density) located in Redwood City, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Redwood Shores West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Redwood Shores West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.4% in Redwood Shores West. NeighborhoodScout analysis shows that this rate is lower than 57.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Redwood City, the Redwood Shores West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Redwood Shores West is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Redwood Shores West is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Redwood Shores West stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 86.3% of the residential real estate here was built in this one time period.

Furthermore, if you love row houses and attached homes, you will probably really like the Redwood Shores West neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 24.8% of the residential real estate here is classified as row houses and attached homes.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 2.2% of America's neighborhoods are wealthier than the Redwood Shores West neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

In addition, the rate of college educated adults in the Redwood Shores West neighborhood is a unique characteristic of the neighborhood. 76.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.6% of all U.S. neighborhoods.

Occupations

Executives, managers and professionals make up 73.5% of the workforce in the Redwood Shores West neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Modes of Transportation

A unique way of commuting is simply not to. And in the Redwood Shores West neighborhood, analysis shows that 30.5% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.2% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Redwood Shores West neighborhood has more Asian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.7% of this neighborhood's residents have Asian ancestry and 4.8% have Russian ancestry.

Redwood Shores West is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Redwood Shores West neighborhood in Redwood City are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 97.8% of the neighborhoods in America. In addition, 4.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 67.8% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Redwood Shores West neighborhood, 73.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 14.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.8%), and 4.1% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Redwood Shores West neighborhood is English, spoken by 65.8% of households. Other important languages spoken here include Chinese, Langs. of India, Tagalog (the first language of the Philippine region) and Persian.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Redwood Shores West neighborhood in Redwood City, CA, residents most commonly identify their ethnicity or ancestry as Asian (42.7%). There are also a number of people of English ancestry (9.0%), and residents who report German roots (6.8%), and some of the residents are also of Italian ancestry (5.1%), along with some Russian ancestry residents (4.8%), among others. In addition, 35.3% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Redwood Shores West neighborhood spend between 30 and 45 minutes commuting one-way to work (32.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (54.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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