Mary Pope-Handy's Market Report

Newark, CA 94560

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Newark, CA 94560

Thu Mar 28 2024
This week the median list price for Newark, CA 94560 is $1,264,000 with the market action index hovering around 90. This is an increase over last month's market action index of 83. Inventory has increased to 14. 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 94560

Thu Mar 28 2024
This week the median list price for Newark, CA 94560 is $1,264,000 with the market action index hovering around 90. This is an increase over last month's market action index of 83. Inventory has increased to 14. 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 $1,264,000
Median Price of New Listings $1,249,500
Per Square Foot $862
Average Days on Market 6
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 14
Median Rent
Market Action 90
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,898,000 2,073 0 - 4,500 sqft 5 3 5 1 1 14
$1,299,000 1,655 4,500 - 6,500 sqft 3 2 53 2 2 0
$1,249,500 1,284 4,500 - 6,500 sqft 3 2 63 3 2 0
$1,165,000 1,458 4,500 - 6,500 sqft 3 2 67 2 3 3