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June 27, 2011

Newcastle, CA Real Estate Statistics Report - June 2011

Newcastle Ca Home Sales 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
For Sale 25 29 16% 28 29 3.6% 16 29 81.3%
New Listing 10 11 10% 9 11 22.2% 10 11 10%
Sold 4 4 0% 4 4 0% 7 4 -42.9%
Pended 6 6 0% 5 6 20% 7 6 -14.3%

The number of homes for sale in Newcastle, CA increased slightly between February and May 2011, and compared to May of 2010.

The number of new listings that were added to to the market in May was slightly higher than the number added in February and in May of last year.

As of June 27th, 2011 there are 11 homes listed in Newcastle, Ca that are short sales in contract awaiting bank approval, compared to 6 on April 16th, and 7 on June 16th of last year.

The number of homes that were pending sale in May was even with the number pending sale in February, but was up slightly compared to May of last year.

The number of homes that sold in Newcaslte in May was even with the number sold in February and May of last year.

To view a list and map of the recent homes that sold in Citrus Heights, click Newcastle, CA home sales March - May 2011.

To view a current list of the homes for sale in Newcastle California, click Newcastle, CA Homes for Sale.

Newcastle, CA Price Per Square-Foot

Newcastle California Price Per Square Foot 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Avg. Sq. Ft. Price 172 157 -8.6% 174 157 -9.6% 288 157 -45.5%

The average price per square-foot of Newcastle homes decreased between February and May 2011, and was down as well when compared to May of 2010.

Newcastle, CA Average List Price and Average Sales Price

 Newcastle CA Average Price

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Avg. Active Price 533 541 1.5% 726 541 -25.5% 920 541 -41.2%
Avg. Sold Price 465 359 -22.8% 358 359 0.3% 764 359 -53%

The average asking price for Newcastle, CA homes was higher in May than it was in February, but it was lower compared to May of last year.

The average sales price was down in May compared to February, but it was up slightly compared to May of last year.

Newcastle, CA Median Home Sales Price

Newcastle Ca Median Sales Price 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Median Price 427 335 -21.5% 363 335 -7.7% 777 335 -56.9%

he median sales price of homes in Newcastle was down in May when compared to February of this year and May of last year.

Newcastle, CA Number of Months of Housing Inventory

 Newcastle CA Days on Market

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Avg. CDOM 260 91 -65% 112 91 -18.7% 0 91 n/a
Sold/List Diff. % 92 97 5.4% 99 97 -2% 99 97 -2%

Average consecutive days on market was down 169 days for Newcastle homes sold in May compared to February, and was down 21 days compared to May of last year.

The average discount negotiated off the list price of Newcastle homes was down 5% in May when compared to February, but was up 2% compared to the average discount in May of 2010. 

 

If you have any questions about the statistics provided in this report, or if you are interested in buying or selling a home in Newcastle, CA, please feel free to contact us at 916-728-1981.

 

*All reports are published Jun. 2011, based on data available at the end of May. 2011.
All reports and graphs presented  were created by www.TrendGraphix.com and are based on data supplied by the Metrolist MLS. The Metrolist MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Metrolist MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

 

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