Essex County Market Report for Q2

Newark

YTD 2023

YTD 2024

% Change

Single-Family

# OF SALES

202

150

-25.7%

SALES VOLUME

$77,432,444

$66,534,499

-14.1%

MEDIAN PRICE

$367,500

$419,950

14.3%

AVERAGE PRICE

$383,329

$443,563

15.7%

AVERAGE DOM

58

49

-15.5%

# OF CONTRACTS

241

239

-0.8%

# NEW LISTINGS

336

304

-9.5%

Condo/Co-op/Townhouse # OF SALES

51

51

0.0%

SALES VOLUME

$16,934,945

$17,739,000

4.7%

MEDIAN PRICE

$325,000

$335,000

3.1%

AVERAGE PRICE

$332,058

$347,824

4.7%

AVERAGE DOM

50

43

-14.0%

# OF CONTRACTS

68

79

16.2%

# NEW LISTINGS

90

110

22.2%

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