$279K  
The Newark market saw sales remain consistent with one home sold over the last 30 days and is also under a new downward trend in the number of contracts closing, with this week's number falling to zero. While contracts numbers dropped, prices were able to climb. This week's reported median sales price of $249,900 continued a four-week upswing. There are only two months of inventory available in Newark and prices are rising, so it is still a definite seller's market, even with the shrinking contracts numbers.
Comments:

$237K  
Newark is a smaller-than-average city in Maryland with 336 residents. Its population is also growing faster than others at a 10-year growth rate of 5.2%. The Newark market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the city is Showell Elementary School.
Comments:

$237K  
The number of sellers who put their homes up for sale in the Newark market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in Newark remains consistent from last week to this week, with the median sales price at $249,900 again. In spite of flat sales, a low two months of inventory signals that Newark is a solid seller's market.
Comments:

$279K  
The number of homes coming into the Newark market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price remained unchanged over the latest reporting period for Newark, coming in at $249,900. In spite of flat sales, a low two months of inventory signals that Newark is a definite seller's market.
Comments:

$237K  
The Newark market warmed up this week and remained above its average as sales reached one home sold over the last 30 days. To put it in perspective, close-by Ocean City registered 97 homes sold in the same time frame, the most of all surrounding cities. The rising sales and a low two months of inventory point to Newark being a definite seller's market.
Comments:

$237K  
No deals were completed in the Newark market over the last 30 days. Newark usually averages 0.3 sales per month.
Comments:

$237K  
Sellers in Newark weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Newark usually averages 0.3 sales per month.
Comments:

$237K  
Newark is a less affluent than average city in Maryland with a median income of $50,370 per household. The population is also considered much younger than most with a median age of 46 years. With an ownership ratio of 68.5%, most people in Newark are homeowners. The best school in the city is Showell Elementary School.
Comments:

$237K  
The Newark market was quiet this week and reported zero home sales over the last 30 days. Newark usually averages 0.3 sales per month.
Comments:

$237K  
No deals were completed in the Newark market over the last 30 days. Newark usually averages 0.3 sales per month.
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