Newark Real Estate Market Update - July 2025

Market Overview: Stability Meets Strong Buyer Demand

Newark's housing market continues to show balance and momentum as we head into mid-summer. Here's a snapshot of where things stand:

• Active Listings: 75 active listings
• Pending Sales: 41 pending sales
• Homes Sold (June 2025): 25 homes sold in June
• Pending-to-Active Ratio: ~55%
• Median Home Price: ~$1.3M - $1.4M
• Average Days on Market: ~15 days for well-prepared homes

With approximately 2.5 to 3 months of housing inventory, the market remains healthy and competitive, particularly for move-in-ready homes. Properties that are priced correctly and staged well are going under contract in two weeks or less, reflecting ongoing buyer motivation.

Development and Growth

Newark is in the midst of ongoing transformation - both in terms of infrastructure and buyer demographics. Here's a look at what's driving local growth:

• Active development projects near Cherry Street
• Revitalization efforts underway around Newport
• A steady influx of young professionals and families relocating from the Peninsula, drawn by value, space, and proximity to tech hubs like Meta, Tesla, and Palo Alto

This wave of new energy is not only expanding housing demand but also reshaping Newark's community profile.

Advice for Buyers and Sellers

• For Buyers:This is an ideal time to explore your options. With slightly more breathing room than the peak frenzy, buyers can now act strategically — without the pressure of intense bidding wars.
• For Sellers:The market remains in your favor — but with one key caveat: presentation and pricing are everything. Buyers are selective, and the homes that are thoughtfully marketed are the ones that move quickly.

Let's Plan Your Next Move

That wraps up your Newark housing market update for July 2025. Whether you're looking to buy, sell, or simply explore the market, our team is here to provide clarity, strategy, and results. Get in touch today for a personalized real estate plan that fits your goals and timing. Let's make your next move a confident one.