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Newark Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Newark home sales for the month of February rose in volume by 100% when compared to last year, while the median sale price rose by 14.1% from $280,082 to $319,500. The number of Single Family homes sales rose by 100%, while the median sale price rose by 14.1% from $280,082 to $319,500.

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Median Sale Prices for Newark

122k
227k
260k
280k
203k
370k
169k
120k
210k
450k
153k
279k
180k
319k
11/18 12/18 1/19 2/19 3/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 2/20

Number of Sales for Newark

4
2
3
1
1
3
6
1
7
3
9
1
4
2
11/18 12/18 1/19 2/19 3/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 2/20

Real Estate Sales for February in Newark

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 1 2 +100% 4 2 -50%
(Single Family) 1 2 +100% 4 2 -50%
(Condos/Townhomes) 0 0 - 0 0 -
Median Sale Price $280,082 $319,500 +14.1% $267,500 $319,500 +19.4%
(Single Family) $280,082 $319,500 +14.1% $267,500 $319,500 +19.4%
(Condos/Townhomes) $0 $0 - $0 $0 -
Days on Market 156 47 -69.9% 120 47 -60.8%
(Single Family) 156 47 -69.9% 120 47 -60.8%
(Condos/Townhomes) 0 0 - 0 0 -

HomesByMarco sold over 300 homes last year

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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