Monthly market wrap MONTHLY MARKET WRAP Newark Townhouses · May 2026 The Newark market tilted hotter in May: most key signals moved the seller's way. Median sale price $1.08M ▲ +38.5% vs Apr Time to pending 17d ▼ 45 days faster vs Apr Sold over asking 60% ▲ +10 pts vs Apr Active listings 14 ▼ -26.3% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Newark Townhouses · May 2026 Most Newark townhouses are still selling over asking (60%). Price to invite competition. 99.8% average sale price vs. asking price Sold over asking 60% vs. a year ago -40 pts 104.0% 101.8% 99.7% Sold at asking price 99.8% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Newark Townhouses · May 2026 Newark townhouses are selling right at asking price, on average. -$150K median sale price minus asking price Median asking price $1.23M Median sale price $1.08M $1.27M $1.06M $861K Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Newark Townhouses · May 2026 Newark townhouse values dipped -18.1% from a year ago. $1.08M median sale price Year over year -18.1% Homes sold last month 5 $1.17M $978K $782K $1.08M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Newark Townhouses · May 2026 The typical Newark townhouse goes pending in 17 days, 5 days faster than last year. 17 days median time to pending Gone within two weeks 43% vs. a year ago 5 days faster 71d 47d 24d 17d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Newark Townhouses · May 2026 Newark inventory is flat year over year, a steadier supply picture for townhouses. 14 active listings Year over year +0.0% Months of supply 2.8 16 10 4 14 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Newark? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Newark Townhouses · May 2026 1 in 2 Newark listings cut its asking price last month, up 14 pts from a year ago. 43% of active listings cut their asking price vs. a year ago +14 pts Active listings 14 35% 26% 17% 43% Jul 2024 Aug 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Newark Townhouses · May 2026 Newark moves at two speeds: 43% of townhouses were gone inside two weeks while the rest sat longer. 43% of listings went pending within two weeks Median time to pending 17 days vs. a year ago +0 pts 56% 37% 19% Half of listings 43% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Newark Townhouses · May 2026 January is historically Newark's calmest month for buyers: 6.7 pts less over-asking than April. January historically the calmest month for buyers Buyer's edge vs April -6.7 pts Years of Redfin data 10+ Yearly average J F M A M J J A S O N D -3.0 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Newark Townhouses · May 2026 A Newark townhouse bought in 2016 has gained +99% in value since. +99% median sale price growth since 2016 Median price in 2016 $543K Average gain per year +7.1% $1.01M $824K $638K $1.08M Mar 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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