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Newark Market Trends

Today, November 23, 2009

Median Sales Price in Newark

Embed Info
1 yr 5 yr Max
Newark median sales prices
Number of sold homes in Newark
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$95,300-20.6%$117,375$120,000$96,500
2 bedrooms$169,400-0.4%$165,000$170,000$135,345
3 bedrooms$197,500-8.0%$206,185$214,700$175,000
4 bedrooms$288,000-7.1%$286,500$309,950$325,000
All properties$210,000-7.9%$219,250$228,000$185,000
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Newark Summary

The median sales price for homes in Newark DE for Aug 09 to Oct 09 was $210,000. This represents a decline of 4.2%, or $9,250, compared to the prior quarter and a decrease of 7.9% compared to the prior year. Sales prices have appreciated 13.5% over the last 5 years in Newark.

The average listing price for Newark homes for sale on Trulia was $264,168 for the week ending Nov 18, which represents a decline of 0.4%, or $1,041, compared to the prior week and a decline of 2.8%, or $7,570, compared to the week ending Oct 28. Average price per square foot for Newark DE was $146, a decrease of 7% compared to the same period last year.

 

Average Listing Price in Newark

Embed Info
1 yr 5 yr Max
Newark average property price
Newark – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$158,173-4.4%$165,401$178,497$177,883
2 bedrooms$213,128+1.8%$209,410$206,012$209,127
3 bedrooms$214,312+0.3%$213,718$215,666$217,719
4 bedrooms$338,197+0.1%$337,812$338,471$344,547
All properties$264,168-0.4%$265,209$267,803$271,738
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Average Price Per Sqft for Homes in Newark

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1 yr 5 yr Max
Newark average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$115+7.5%$189$107$140
2 bedrooms$144-4.6%$163$151$119
3 bedrooms$153-7.3%$159$165$136
4 bedrooms$137-7.4%$140$148$139
All properties$146-7.0%$153$157$136
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Homes for Sale in Newark

21 Country Lane West, Newark DE
21 Country…
$240,000
3 br  2 ½ ba
38 Avignon Drive, Newark DE
38 Avignon…
$270,000
4 br  2 ½ ba
44 Fleming Street, Newark DE
44 Fleming…
$141,500
3 br  1 ba
4 Cobblestone Crossing, Newark DE
4 Cobblest…
$369,900
4 br  3 ½ ba
62 Chambord Drive, Newark DE
62 Chambord…
$200,000
2 br  2 ½ ba
807 Rock Lane, Newark DE
807 Rock Ln…
$305,000
4 br  2 ½ ba
View all Newark Homes for Sale
 
Stats & Trends
Newark

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Nearby Cities

Cities
Median
sales price
Average
listing price
Bear
$238,500
$306,430
Delaware City
$139,157
$237,224
Middletown
$265,000
$341,216
New Castle
$165,000
$212,127
Port Penn
$144,500
$179,000
Newport
$207,500
$201,028
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.