Intero's Market Report

Newark, CA

Single-Family Homes



Newark, CA

Mon Feb 06 2023
This week the median list price for Newark, CA is $1,298,000 with the market action index hovering around 59. This is an increase over last month's market action index of 54. Inventory has increased to 13. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Newark, CA

Mon Feb 06 2023
This week the median list price for Newark, CA is $1,298,000 with the market action index hovering around 59. This is an increase over last month's market action index of 54. Inventory has increased to 13. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Newark market.
Median List Price $1,298,000
Median Price of New Listings $1,498,000
Per Square Foot $857
Average Days on Market 73
Median Days on Market 14
Price Decreased 23%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent
Market Action 59
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,749,000 2,417 6,500 - 8,000 sqft 5 3.5 52 1 0 7
$1,399,000 1,632 6,500 - 8,000 sqft 4 2 60 0 1 14
$1,295,000 1,634 6,500 - 8,000 sqft 3 3 48 0 2 98
$948,999 1,073 4,500 - 6,500 sqft 3 1.5 65 0 2 112