Concierge Real Estate Services, Inc. Market Report

Newman, CA

Single-Family Homes

(209) 742-4580 | www.findyosemiteareahomes.com



Newman, CA

Thu Jan 20 2022
This week the median list price for Newman, CA is $480,000 with the market action index hovering around 63. This is an increase over last month's market action index of 61. Inventory has decreased to 11. Click here to stay informed with the Newman 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.

Newman, CA

Thu Jan 20 2022
This week the median list price for Newman, CA is $480,000 with the market action index hovering around 63. This is an increase over last month's market action index of 61. Inventory has decreased to 11. Click here to stay informed with the Newman 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 Newman market.
Median List Price $480,000
Median Price of New Listings $400,000
Per Square Foot $215
Average Days on Market 71
Median Days on Market 63
Price Decreased 45%
Price Increased 9%
Relisted 18%
Inventory 11
Median Rent
Market Action 63
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
$752,449 3,255 2.5 - 5 acres 5 2.5 69 1 0 49
$494,900 2,454 6,500 - 8,000 sqft 4 3 14 0 0 63
$439,000 2,888 6,500 - 8,000 sqft 3 2.5 74 1 0 126
$379,000 1,532 6,500 - 8,000 sqft 3 2 101 1 1 35