Newark Real Estate Transactions, as of 1/21/11

Absorption rate: 7.7 months (this means it will take 7.7 months to clear out the current housing inventory)

Here is the rest of the real estate activity in Newark for these past 7 days:

About Newark:

The city of Newark is a small community of about 44 thousand residents. It is an “enclave,” meaning it is completely surrounded by the city of Fremont. There are 13 parks in Newark, as well as a popular recreation facility called George Silliman Recreation Complex. Newark enjoys a convenient location with easy access to all parts of the San Francisco Bay Area.

 It is wise to assess the market condition, including home prices, before making that giant step in pursuit of the American dream!

Always available for your questions!