March 2024 Real Estate Report

Homes For Sale
67 Total
Homes For Sale
Homes added
40 Homes
Added to the Market
Homes For Sale
31 Homes
Sold
Compared to Previous Month
30%
More Homes For Sale
home chart
29%
More Homes Sold
add_circle

Last month in March, housing in Newark, CA ended with 40 homes being added to the market for sale, for a cumulative monthly total of 67 homes for sale - up 30% compared to February. Newark, CA had a total of 31 homes sold for the month - up 29% from the month prior.

Detached led the way in homes sold with a total of 17 - even, while attached totaled 14 in closed sales - up 64% from the month of February. The number of detached properties sold under 1500 square feet totaled 6 for the month of March, while homes from 1500 to 2000 square feet recorded 7 sales and homes sized from 2000 to 2500 square feet had 3 sales. While homes from 2500 to 3000 square feet square feet recorded 1 homes sold. The following ranges for detached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 6, attached homes in the square feet range of 1500 to 2000 recorded 6 sales and attached properties from 2000 to 2500 square feet had a total of 2 homes sold. The following ranges for attached homes all had no sales: 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Newark, CA?
March:
31 Homes Sold
add_circle

The last 12 month period for the city of Newark, CA shows that the greatest number of homes were sold during the months of October 2023, February 2024 and March 2024. The months of October 2023, February 2024 and March 2024 had 11 - 22 and 31 homes sold, respectively, as compared to an average of 8 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in Newark, CA?
September:
6 Days On Market
add_circle

The last 12 month period for the city of Newark, CA shows that homes sold the fastest during the months of July 2023, September 2023 and January 2024. The months of July 2023, September 2023 and January 2024 had 8 - 6 and 7 days on market, respectively, as compared to an average of 13 for the other months of the year.


Average Price Of Homes Sold In Newark, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Newark, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Newark, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202452231 - - - - - - - - - 58
2023661357981091110599
202288132961651311486127
20211311142017141411208178167
20205187865571179795
20195557744871010779
2018333661189636266
20173310876455691076
Average Days On Market (DOM) In Newark, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202471512 - - - - - - - - - 11
20234217139141481161124915
2022121110156117222723321516
2021151017926818131614181115
2020724109511513222918133424
201945284423345234365046283238
20187698101612261649231817
20171661813161817193212151016
Average Days From List To Close Of Escrow In Newark, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024334137 - - - - - - - - - 37
202381453536393832333038493541
202252403742333839535353613945
202149354938623545464842465746
2020115283345825342496148546656
201966596948597266669278566366
201849283639334540654282544847
201756354839435243406142453445
Number of homes added to the market in Newark, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024192640 - - - - - - - - - 85
20237129512881615947112
202271818121812157101023132
202114102116161814141116410164
2020315104410989951197
20196767412391182176
20183461012777256372
2017651277246788375