Intero's Market Report

Newcastle, CA

Single-Family Homes



Newcastle, CA

Fri May 27 2022
This week the median list price for Newcastle, CA is $1,299,000 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has increased to 7. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Newcastle, CA

Fri May 27 2022
This week the median list price for Newcastle, CA is $1,299,000 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has increased to 7. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Newcastle market.
Median List Price $1,299,000
Median Price of New Listings $1,350,000
Per Square Foot $437
Average Days on Market 125
Median Days on Market 14
Price Decreased 29%
Price Increased 29%
Relisted 14%
Inventory 7
Median Rent
Market Action 62
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$2,325,000 4,466 1 - 2.5 acres 4 4 7 0 0 784
$1,374,999 3,153 2.5 - 5 acres 4 3 14 1 1 3
$1,274,500 2,585 5 - 10 acres 4 3 41 0 2 28
$824,500 2,042 2.5 - 5 acres 3 2.5 52 0 2 14