Intero's Market Report

Newark, CA

Single-Family Homes



Newark, CA

Sat Jan 23 2021
This week the median list price for Newark, CA is $1,213,944 with the market action index hovering around 85. This is less than last month's market action index of 86. Inventory has held steady at or around 6. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Newark, CA

Sat Jan 23 2021
This week the median list price for Newark, CA is $1,213,944 with the market action index hovering around 85. This is less than last month's market action index of 86. Inventory has held steady at or around 6. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Newark market.
Median List Price $1,213,944
Per Square Foot $562
Days on Market 20
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent $3,265
Most Expensive $1,300,000
Least Expensive $910,000
Market Action 85
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$1,300,000 760 0.25 - 0.5 acre 2 1 151 0 0 28
$1,256,000 2,282 6,500 - 8,000 sqft 4 3 81 0 0 56
$1,213,944 2,152 0 - 4,500 sqft 4 3 33 0 0 14
$949,950 1,743 0 - 4,500 sqft 3 2 28 1 1 3