Intero's Market Report

Newark, CA

Single-Family Homes



Newark, CA

Fri Apr 12 2024
This week the median list price for Newark, CA is $1,450,000 with the market action index hovering around 94. This is an increase over last month's market action index of 90. Inventory has decreased to 7. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Newark, CA

Fri Apr 12 2024
This week the median list price for Newark, CA is $1,450,000 with the market action index hovering around 94. This is an increase over last month's market action index of 90. Inventory has decreased to 7. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Newark market.
Median List Price $1,450,000
Median Price of New Listings $1,446,500
Per Square Foot $869
Average Days on Market 14
Median Days on Market 0
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 94
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
$1,898,000 2,574 0 - 4,500 sqft 5 4 0 0 0 35
$1,692,500 2,068 0 - 4,500 sqft 4 3 15 2 2 0
$1,424,000 1,762 4,500 - 6,500 sqft 4 2.5 53 1 1 14
$1,324,000 1,326 4,500 - 6,500 sqft 4 2 58 1 3 17