Real Estate Market Update for Newark, CA
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was up 46% from one year earlier, and up 39% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 750-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 6%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 640-thousand dollars. The number of units sold decreased 15% year-over-year, and decreased 7% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Newark, CA
Area Information for Newark, CA
  • Population: 43,173
  • Median Age: 37.09 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 3,111/sq mi
  • Population Change Since 2000: 1.65%
  • Closest Airport: Norman Y Mineta San Jose International
  • Closest College: Devry University-fremont
  • Closest Jr. College: Ohlone College
  • Median Household Income: $85,596
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $615,000
  • Closest Major Sports Team: San Francisco 49ers
  • Change Avg. Household Income Since 2000: 26.32%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Newark, CA
Median Age: 37.09 Married: 40% Number of Households: 13,169 Households with Children: 4,593
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Newark, CA

      School Name Distance Type Grades School Rating Parent Rating
      August Schilling Elementary School 0.7 mi Public K-6 2 0
      Lincoln Elementary School 1.3 mi Public PRESCHOOL-6 4 0
      James A. Graham Elementary School 1.4 mi Public K-6 3 0
      Louis Milani Elementary School 1.6 mi Public K-6 3 0
      Newark Junior High School 1.6 mi Public 7-8 3 3
      St. Edward School 1.7 mi Private K-8 0 0
      St Edward 1.7 mi Catholic K-8 0 0
      H. A. Snow Elementary School 1.7 mi Public K-6 3 0
      James L. Bunker Elementary School 1.8 mi Public K-6 4 0
      E. L. Musick Elementary School 1.8 mi Public PRESCHOOL-6 2 0
      Challenger?ardenwood 2.1 mi Private PRESCHOOL-8 0 0
      Bridgepoint High (continuation) School 2.1 mi Public 9-12 0 0
      Stellar Academy For Dyslexics 2.1 mi Private 2-8 0 0
      Newark Adult High School 2.2 mi Public - 0 0
      Crossroads High (alternative) School 2.2 mi Public K-12 2 0
      Whiteford (june) Special Education Preschool 2.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Montessori School Of Newark 2.2 mi Private PRESCHOOL-K 0 0
      John F. Kennedy Elementary School 2.3 mi Public K-6 4 0
      Newark Memorial High School 2.4 mi Public 9-12 3 3
      Challenger - Newark 2.6 mi Private K-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Newark, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.