Intero's Market Report

Newark, CA

Single-Family Homes



Newark, CA

Fri Oct 15 2021
This week the median list price for Newark, CA is $1,162,500 with the market action index hovering around 80. This is less than last month's market action index of 81. Inventory has increased to 18. 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 Oct 15 2021
This week the median list price for Newark, CA is $1,162,500 with the market action index hovering around 80. This is less than last month's market action index of 81. Inventory has increased to 18. 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 $1,162,500
Median Price of New Listings $1,398,000
Per Square Foot $738
Average Days on Market 27
Median Days on Market 11
Price Decreased 17%
Price Increased 11%
Relisted 0%
Inventory 18
Median Rent $1,550
Market Action 80
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
$1,519,000 2,248 4,500 - 6,500 sqft 4 3 24 4 2 0
$1,299,999 1,805 4,500 - 6,500 sqft 3 2 48 0 4 38
$1,139,900 1,367 6,500 - 8,000 sqft 3 2 54 1 1 7
$949,000 1,100 4,500 - 6,500 sqft 3 2 66 2 3 42