Intero's Market Report

Newcastle, CA

Single-Family Homes



Newcastle, CA

Thu Dec 08 2022
This week the median list price for Newcastle, CA is $1,247,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 15. Click here to stay informed with the Newcastle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

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.

Newcastle, CA

Thu Dec 08 2022
This week the median list price for Newcastle, CA is $1,247,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 15. Click here to stay informed with the Newcastle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

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 Newcastle market.
Median List Price $1,247,000
Median Price of New Listings $0
Per Square Foot $416
Average Days on Market 139
Median Days on Market 84
Price Decreased 67%
Price Increased 0%
Relisted 7%
Inventory 15
Median Rent
Market Action 34
Slight Seller's Advantage

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
$2,399,000 4,433 5 - 10 acres 5 4.5 26 0 0 70
$1,770,000 4,407 2.5 - 5 acres 4 4 15 0 0 129
$986,125 2,802 2.5 - 5 acres 3 2.8 39 0 2 66
$589,000 1,503 0.25 - 0.5 acre 2 2 41 0 1 70