Newark: August Housing Market Update | By Eddie Oberoi and Amrit Singh

Newark August 2025 Housing Market Update

Welcome to your August 2025 Newark Market Update! In this post, we'll dive in and see what's happening right now in your local market. This analysis comes straight from local market experts Eddie Oberoi and Amrit Singh.

Market Overview: Steady Performance with Strategic Opportunities

The Newark housing market continues to show consistent activity with buyers being selective but active. Here's a snapshot of the latest data:

• Active Listings: 81 homes
• Pending Sales: 24 homes
• Homes Sold (July 2025): 29 homes
• Pending to Active Ratio: Around 30%
• Median Home Price: ~$1.3M
• Months of Inventory: About 3 months
• Average Days on Market: Within 2 weeks for turnkey homes

With about three months of inventory and a pending to active ratio around 30%, buyers are being selective but good homes are still moving fast, especially when they're priced right. Homes that are turnkey and well presented are moving within two weeks.

Development and Long Term Growth

Looking ahead, Newark's growth story is closely tied to development and transformation. The NewPark Mall redevelopment continues to make progress with comprehensive plans for new housing, retail, and community spaces aimed at modernizing the area.

This major redevelopment project represents a significant transformation that will enhance Newark's appeal and create new amenities for residents.

Migration Trends and Market Drivers

Newark is seeing increased interest from buyers relocating from the Peninsula and South Bay. Families are looking for more space while staying within commutable distance to major tech hubs, and Newark offers an attractive solution.

With its newer housing stock, good freeway access, and relative affordability compared to other Bay Area markets, Newark is well positioned for steady demand even in a slower overall market.

What Makes Newark Attractive

Newark's combination of modern housing options, strategic location, and ongoing development projects creates a compelling value proposition. The city offers the space and amenities that growing families seek while maintaining convenient access to employment centers throughout the Bay Area.

Advice for Buyers and Sellers

For Buyers: This is a great time to explore Newark's offerings. More inventory means more options and better negotiating power. You can take time to find properties that truly meet your space and location requirements.

For Sellers: Homes are still moving quickly when they're staged and priced right, especially when you work with the right agents. Proper preparation and strategic pricing remain key to success.

The Value of Local Expertise

Working with agents who know Newark and understand how developments like the NewPark Mall redevelopment affect long term value makes a real difference. Local knowledge helps position your property correctly and gives both buyers and sellers a competitive edge.

Let's Talk About Your Next Move

That's your Newark market update for August 2025: real numbers, real insight, and strategies that work. Whether you're exploring Newark's growing opportunities or ready to make a move in this evolving market, we're here to help you navigate the possibilities. If you have any questions, reach out to us today.