Market report, updated

Market Report

Search in the city of Newark

Kat Geralis Home Team | EXP logo
Report prepared by Movewithsamantha.com Kat Geralis Home Team | EXP

Market at a glance

Over the last 6 months, homes sold for 98.6% of list price in 22 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $386K Sold · $385K
$650K$560K$470K$380K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 128 sales in May. Last month: 108.

Where the market stands

All homes in this report, by status.

981homes
Active183 · 19%
Under contract137 · 14%
Sold (6 mo)661 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

1.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$441K
Under contract$427K
Sold$454K

Average days on market

Active51 days
Under contract61 days
Sold22 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 183
Average list price $440,850
Avg. days on market 51 days Based on 170 of 183 homes
Avg. price per ft² $222 Based on 160 of 183 homes
Avg. living area 2,138 ft² Based on 160 of 183 homes
Avg. beds / baths 3.4 / 2.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

23 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 159 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

13 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

19 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

68 Ray St$577
61 Kennard Dr$577
5 Terry Ln$442
67 Kennard Dr$442
64 Kennard Dr$442
69 Kennard Dr$433
354 Old Baltimore Pike$414

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
7 Lakewood CirNewark, DE 19711 555,825$1,200,000$20615 days
1630 Old Baltimore PikeNewark, DE 19702 ———$995,000—150 days
Basket Switch RoadNewark, MD 21841 ———$980,496—95 days
2956 Frazer RdNewark, DE 19702 ———$896,900—471 days
2956 Frazer RdNewark, DE 19702 322,400$896,900$373476 days
406 Leahy DrNewark, DE 19711 332,725$829,900$30484 days
54 E Mill Station RdNewark, DE 19711 432,800$769,900$2742 days
503 Leahy DrNewark, DE 19711 333,047$756,900$24856 days
402 Leahy DrNewark, DE 19711 332,829$729,900$258234 days
317 Amoroso WayNewark, DE 19711 433,745$725,000$19337 days
Kat Geralis Home Team | EXP logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Movewithsamantha.com Kat Geralis Home Team | EXP

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