Newark Real Estate Market Sees Sales Down

With home sales in the Newark market already below average, in this week's report they slid 17.9% to 32 homes sold over the last 30 days. Meanwhile, close-by San Jose reported 472 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $680,000, up from last week's $645,000. With only one month of inventory to sell, Newark is a strong seller's market, in spite of the dip in sales.

Curious as to which homes have been getting the most attention in Newark? These listings have stirred up interest and produced the most views:

$599K   $849K   $639K  

Get started right now by checking out Newark homes for sale or reviewing Newark real estate trends.

Demographic facts about Newark:

  • There are a total of 12,972 households here.
  • The unemployment rate is 9.6%.
  • Schools spend an average of $4,521 for each student in this area. ($5,691 = national average)

Data reported through 1/11/2017

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