Asking Prices and Inventory for Homes in Newark New Jersey

As of February 20 2012 there were about 15,623 single family and condo homes listed for sale in Newark New Jersey. The median asking price of these homes was approximately $299,900. Since this time last year, the inventory of homes for sale has decreased by 10.0% and the median price has decreased by 2.9%.

	February 20, 2012	Month/Month	Year/Year
Median Asking Price	$299,900	0.0%	-2.9%
Home Listings/Inventory	15,623	+0.3%	-10.0%

Recent Asking Price and Inventory History for Newark

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
02/20/2012	15,623	$199,900	$299,900	$469,000
02/13/2012	15,720	$199,900	$299,999	$469,000
02/06/2012	15,549	$199,900	$299,900	$459,900
01/30/2012	15,731	$199,900	$299,900	$455,000
01/23/2012	15,581	$199,900	$299,900	$450,000

Newark Asking Price History

The median asking price for homes in Newark peaked in May 2006 at $460,360 and is now $160,427 (34.8%) lower. From a low of $299,360 in January 2012, the median asking price in Newark has increased by $573 (0.2%).

25th, Median (50th) and 75th Percentile Asking Prices for Newark New Jersey

Newark Housing Inventory History

Housing inventory in Newark, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 19,556 in June 2008. The lowest housing inventory level seen was 12,388 in April 2006.

Housing Inventory for Newark New Jersey

Newark Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
February 2012	15,631	$199,900	$299,933	$465,967
January 2012	15,622	$199,820	$299,360	$450,400
December 2011	16,803	$201,200	$299,675	$449,725
November 2011	17,586	$201,250	$299,675	$444,725
October 2011	17,886	$206,576	$299,640	$436,500
September 2011	18,124	$208,425	$299,900	$429,000
August 2011	18,722	$212,600	$303,960	$431,413
July 2011	19,081	$218,950	$312,475	$440,750
June 2011	19,183	$219,950	$318,000	$448,225
May 2011	18,620	$219,940	$318,780	$449,000
April 2011	17,679	$219,000	$315,000	$449,000
March 2011	17,993	$219,000	$314,700	$449,000
February 2011	17,294	$215,000	$309,225	$439,900
January 2011	14,103	$221,200	$320,600	$457,180
December 2010	16,629	$220,950	$318,875	$449,700
November 2010	17,755	$226,944	$324,760	$455,600
October 2010	18,351	$229,950	$329,450	$457,400
September 2010	19,004	$234,900	$330,000	$467,000
August 2010	18,982	$237,400	$337,400	$473,800
July 2010	18,866	$239,450	$340,933	$486,267
June 2010	18,123	$239,450	$341,175	$483,700
May 2010	17,251	$239,180	$340,963	$482,738
April 2010	17,066	$239,900	$339,983	$479,450
March 2010	16,056	$239,540	$339,140	$475,600
February 2010	15,177	$239,225	$337,500	$471,725
January 2010	14,280	$239,675	$339,000	$473,675
December 2009	15,137	$239,725	$339,225	$474,800
November 2009	15,924	$247,800	$341,987	$480,660
October 2009	16,445	$249,575	$348,000	$487,750
September 2009	16,726	$249,900	$349,000	$483,450
August 2009	17,039	$249,920	$349,535	$492,358
July 2009	17,296	$254,188	$349,975	$499,000
June 2009	17,632	$259,180	$354,780	$499,470
May 2009	17,697	$260,125	$359,000	$499,900
April 2009	17,627	$266,725	$364,450	$509,450
March 2009	17,198	$269,000	$369,000	$515,221
February 2009	16,392	$269,175	$364,975	$505,000
January 2009	16,628	$270,465	$367,207	$502,457
December 2008	17,417	$271,784	$371,180	$506,689
November 2008	18,461	$273,061	$375,026	$510,785
October 2008	18,829	$274,380	$379,000	$515,017
September 2008	18,854	$277,824	$378,200	$504,732
August 2008	19,156	$282,540	$379,224	$505,736
July 2008	19,407	$285,498	$386,375	$520,057
June 2008	19,556	$290,576	$392,760	$522,896
May 2008	19,276	$294,780	$398,850	$527,120
April 2008	18,243	$295,239	$398,950	$523,578
March 2008	16,686	$295,698	$395,980	$514,958
February 2008	16,646	$295,698	$392,445	$508,813
January 2008	15,831	$295,698	$389,000	$501,336
December 2007	17,201	$299,594	$394,400	$507,408
November 2007	18,776	$305,668	$399,875	$521,179
October 2007	19,265	$306,979	$406,439	$527,120
September 2007	18,687	$305,998	$409,225	$527,120
August 2007	18,034	$318,214	$415,975	$527,318
July 2007	18,121	$324,339	$424,380	$542,414
June 2007	18,063	$329,664	$428,450	$553,058
May 2007	17,286	$333,489	$433,700	$560,538
April 2007	15,904	$332,826	$435,960	$562,724
March 2007	14,527	$331,423	$432,725	$560,560
February 2007	14,194	$327,369	$428,400	$556,404
January 2007	13,872	$326,318	$427,700	$552,976
December 2006	15,058	$330,097	$430,172	$550,858
November 2006	16,317	$335,784	$438,225	$555,059
October 2006	16,995	$338,966	$439,940	$554,752
September 2006	16,360	$339,124	$443,474	$558,118
August 2006	16,164	$340,144	$444,475	$560,296
July 2006	15,884	$349,819	$454,580	$574,868
June 2006	15,464	$351,874	$459,900	$596,398
May 2006	13,974	$348,778	$460,360	$605,035
April 2006	12,388	$346,086	$453,000	$599,544