Newark’s median sale jumped in August, but price per foot fell for a third straight month, and that second story matters more.
The median single-family sale in Newark closed at $1,465,000 in August 2026, up 10.6% from July. In the same month the median price per square foot fell 10.7% to $708, its third monthly drop in a row. A higher median alongside a lower price per foot most likely means larger homes closed this month rather than the city getting more expensive. The report does not break out home size, so that is an inference.
Closed sales softened. They averaged 99.4% of list, just under asking, and had spent a median of 27 days on market, up from 18 in July, even as August’s new contracts came together faster. Months of inventory finished at 2.23, down 8.2% on the month but 14.4% higher than a year ago. Newark is still a seller’s market by supply, and on the homes that closed, buyers had more time and more room to negotiate than that number alone suggests.
August 2026 at a glance
The full Newark report, with the free branded PDF
Every price across the pipeline, how price and value moved apart, where August sits in a five-year view, and a three-page PDF you can download and keep.
This dispatch is a summary. The complete piece is published on harvrealtor.net.
Recreated from Bay East Association of REALTORS® and RPR market-trends data for Newark single-family homes, citywide. Information deemed reliable but not guaranteed. Header image: an AI illustration of a typical Newark lakeside neighborhood, not a photograph of any specific home or a listing. Harv Balu, REALTOR®, DRE #02195792, REALTY EXPERTS®.