Intero's Market Report

Newark, CA

Single-Family Homes



Newark, CA

Fri Jul 10 2020
This week the median list price for Newark, CA is $1,188,000 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has held steady at or around 33. Click here to stay informed with the Newark market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Newark, CA

Fri Jul 10 2020
This week the median list price for Newark, CA is $1,188,000 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has held steady at or around 33. Click here to stay informed with the Newark market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Newark market.
Median List Price $1,188,000
Per Square Foot $573
Days on Market 56
Price Decreased 33%
Price Increased 3%
Relisted 18%
Inventory 33
Median Rent
Most Expensive $1,782,934
Least Expensive $498,000
Market Action 49
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,647,420 3,268 4,500 - 6,500 sqft 5 5 0 0 0 78
$1,387,500 2,387 6,500 - 8,000 sqft 4 3 24 1 1 52
$1,100,000 1,719 6,500 - 8,000 sqft 4 2 54 3 4 14
$899,000 1,100 6,500 - 8,000 sqft 3 2 57 3 3 74