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Newark Real Estate Sales Data for All Home Types in Sep 2018

Median Sales Price
$899,000
Sep 2017 (YOY)
$775,000 Uptrend 13.8%

Aug 2018 (MOM)
$925,000 Downtrend -2.9%
Avg Cost Per Foot
$620
Sep 2017 (YOY)
$531 Uptrend 16.8%

Aug 2018 (MOM)
$640 Downtrend -3.2%
Sep 2018 Sep 2017 Aug 2018
Total Sales 26 48 Downtrend -45.8% 57 Downtrend -54.4%
Average Sold Price $934,826 $809,524 Uptrend 15.5% $941,194 Downtrend -0.7%
Median DOM 18 12 Uptrend 50.0% 14 Uptrend 28.6%
Avg Listing/Sales Ratio 101% 104% Downtrend -2.9% 106% Downtrend -4.1%
The charts below represent the current state of the real estate market in Newark. I created these charts to answer the question I hear a lot, "How is the real estate market in Newark".

Market Sales Rate (All Home Types)

The market sales rate, or absorption rate is based on the total number of homes for sale, divided by the total sold in the same time period. This chart shows whether we are in a "buyers Market" or "Sellers Market".

Market Price trends (All Home Types)

The market price trend chart shows the median selling prices over time.

All Home Types Market Activity - Monthly Active, Pending and Sold Activity

The market inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each montha and sold each month.
Date Median Price DOM Avg $/sqft Sales Ratio
2018-09 $899,000 18 $620 101.29%
2018-08 $925,000 14 $640 105.58%
2018-07 $899,000 10 $645 106.90%
2018-06 $888,400 10 $657 110.58%
2018-05 $799,475 9 $655 108.68%
2018-04 $879,888 7 $690 115.45%
2018-03 $849,888 8 $676 115.27%
2018-02 $784,500 8 $645 115.19%
2018-01 $799,444 10 $612 107.35%
2017-12 $869,000 10 $559 105.28%
2017-11 $771,950 11 $572 104.44%
2017-10 $739,495 10 $552 104.80%
2017-09 $775,000 12 $531 104.26%

Complete Residential Inventory

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 2 $407,000 $407,000 777 $524 $524
2 8 $599,450 $646,448 1,127 $602 $579
3 6 $874,989 $882,110 1,591 $555 $551
4 1 $1,095,880 $1,095,880 2,018 $543 $543
all 17 $599,900 $727,889 1,302 $558 $560
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
1 2 $407,000
2 8 $599,450
3 6 $874,989
4 1 $1,095,880
all 17 $599,900

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 44 $893,944 $909,627 1,323 $700 $700
4 18 $1,129,000 $1,087,324 1,962 $555 $565
5 1 $899,888 $899,888 2,039 $441 $441
all 63 $924,888 $960,243 1,517 $654 $657
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
3 44 $893,944
4 18 $1,129,000
5 1 $899,888
all 63 $924,888

Duet

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 1 $919,950 $919,950 1,455 $632 $632
4 1 $888,000 $888,000 1,759 $504 $505
all 2 $903,975 $903,975 1,607 $569 $569
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
3 1 $919,950
4 1 $888,000
all 2 $903,975

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 4 $699,950 $712,185 1,247 $543 $571
3 2 $799,500 $799,500 1,547 $517 $517
4 3 $998,888 $1,027,592 2,081 $493 $494
all 9 $848,888 $836,724 1,591 $514 $533
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
2 4 $699,950
3 2 $799,500
4 3 $998,888
all 9 $848,888

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built New Listings Total Listings
Top/First $1,130,000 1,980 24 1983 2 23 Most Expensive 25% of properties
Upper/Second $948,000 1,500 26 1978 2 23 Upper-middle 25% of properties
Lower/Third $848,888 1,397 32 1976 3 23 Lower-middle 25% of properties
Bottom/Fourth $649,375 1,048 23 1971 3 22 Least expensive 25% of properties
This is a condensed table. Please view this website on a larger screen to see full details
Quartile Median Price Total Listings
Top/First $1,130,000 23
Upper/Second $948,000 23
Lower/Third $848,888 23
Bottom/Fourth $649,375 22
Intero Real Estate Services, Inc.
a Berkshire Hathaway affiliate

5960 Stoneridge Dr
Pleasanton, CA 94588
Phone: 888.422.9991
Email: trangsf@gmail.com
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Newark homes for sale

86

10 New | 0 REO
7 Price Change | 0 Back on Market
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