Intero's Market Report

Newcastle, CA

Single-Family Homes



Newcastle, CA

Fri Mar 05 2021
This week the median list price for Newcastle, CA is $1,650,000 with the market action index hovering around 59. This is an increase over last month's market action index of 53. Inventory has held steady at or around 8. 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

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.

Newcastle, CA

Fri Mar 05 2021
This week the median list price for Newcastle, CA is $1,650,000 with the market action index hovering around 59. This is an increase over last month's market action index of 53. Inventory has held steady at or around 8. 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

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 Newcastle market.
Median List Price $1,650,000
Per Square Foot $471
Days on Market 98
Price Decreased 38%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent $2,095
Most Expensive $2,850,000
Least Expensive $469,000
Market Action 59
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,475,000 5,160 5 - 10 acres 4 4 15 0 0 220
$1,883,500 2,611 N/A 5 2 57 1 1 56
$1,300,000 1,744 N/A 4 2 46 0 0 66
$519,475 1,934 0.5 - 1 acre 4 2 28 1 2 45