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Newark homes for sale

11

5 New | 0 REO
0 Price Change | 0 Back on Market
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Newark Real Estate Sales Data for All Home Types in Dec 2017

Median Sales Price
$869,000
Dec 2016 (YOY)
$666,600 23.3%

Nov 2017 (MOM)
$774,900 10.8%
Avg Cost Per Foot
$559
Dec 2016 (YOY)
$440 21.3%

Nov 2017 (MOM)
$573 -2.6%
Dec 2017 Dec 2016 Nov 2017
Total Sales 38 42 -10.5% 37 2.6%
Average Sold Price $863,760 $657,305 23.9% $804,852 6.8%
Median DOM 10 31 -210.0% 11 -10.0%
Avg Listing/Sales Ratio 105% 101% 4.2% 104% 1.1%
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
2017-12 $869,000 10 $559 105.14%
2017-11 $774,900 11 $573 104.00%
2017-10 $739,495 10 $552 104.55%
2017-09 $775,000 12 $531 104.67%
2017-08 $749,000 11 $548 105.89%
2017-07 $752,000 11 $515 104.16%
2017-06 $766,500 11 $517 105.51%
2017-05 $742,444 10 $533 104.66%
2017-04 $704,500 8 $498 104.66%
2017-03 $708,990 13 $460 102.63%
2017-02 $699,000 11 $480 102.59%
2017-01 $694,200 15 $470 101.71%
2016-12 $666,600 31 $440 100.68%

Complete Residential Inventory

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 3 $599,000 $618,963 1,332 $466 $465
all 3 $599,000 $618,963 1,332 $466 $465
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
3 3 $599,000
all 3 $599,000

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 3 $799,000 $779,666 1,401 $666 $594
4 3 $825,000 $931,333 1,489 $563 $626
all 6 $812,000 $855,500 1,445 $615 $610
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
3 3 $799,000
4 3 $825,000
all 6 $812,000

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 $840,000 1,652 9 1976 1 3 Most Expensive 25% of properties
Upper/Second $784,000 1,333 8 1963 0 2 Upper-middle 25% of properties
Lower/Third $679,500 1,217 4 1972 2 2 Lower-middle 25% of properties
Bottom/Fourth $598,944 1,307 1 1986 2 2 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 $840,000 3
Upper/Second $784,000 2
Lower/Third $679,500 2
Bottom/Fourth $598,944 2

Homes for sale in Newark

Photo of  5716 Souza Ave
  • 3 Beds
  • 2 Baths
  • 1,051 SQFT

5716 Souza Ave

Newark 94560

  • $699,999
See Details
Photo of  36657 Lakewood Ct
  • 3 Beds
  • 2 Baths
  • 1,144 SQFT

36657 Lakewood Ct

Newark 94560

  • $799,000
See Details
Photo of  39975 Cedar Blvd
  • 3 Beds
  • 2 Baths
  • 1,283 SQFT

39975 Cedar Blvd 331

Newark 94560

  • $599,000
See Details
Photo of  36829 Newark Blvd
  • 3 Beds
  • 2.5 Baths
  • 1,330 SQFT

36829 Newark Blvd E

Newark 94560

  • $598,888
See Details
Photo of  6153 Thornton Ave
  • 3 Beds
  • 2.5 Baths
  • 1,383 SQFT

6153 Thornton Ave C

Newark 94560

  • $659,000
See Details
Photo of  7315 Carter Avenue
  • 3 Beds
  • 2.5 Baths
  • 2,009 SQFT

7315 Carter Avenue

Newark 94560

  • $840,000
See Details
Photo of  36223 Christine St
  • 4 Beds
  • 2 Baths
  • 1,464 SQFT

36223 Christine St

Newark 94560

  • $825,000
See Details
Photo of  36391 Bettencourt St
  • 4 Beds
  • 2 Baths
  • 1,482 SQFT

36391 Bettencourt St

Newark 94560

  • $1,200,000
See Details
Photo of  6314 Honeysuckle Dr
  • 4 Beds
  • 2 Baths
  • 1,522 SQFT

6314 Honeysuckle Dr

Newark 94560

  • $769,000
See Details