The Federal Reserve raised its target range by a quarter point to 3.75% to 4.00% at 11 AM PT today, its first increase since July 2023, as markets had widely expected. Mortgage News Daily had the 30 year at 7.19% and the 15 year at 6.81% this morning, before the announcement, just under Tuesday's 7.22%, the highest reading of the past year. The 10 year Treasury closed Tuesday at 5.00%, its first close at 5% or higher since 2007.
30 Year Fixed
7.19%
down from a one year high of 7.22%
Houses and townhomes buyable
69
48 active, 11 newly listed, 10 coming soon
Median asking
$1,295,000
down $3,000, 21 median days on market
Under contract
31
up 2 from Tuesday
Six homes joined the list, three left
Newark's buyable list of houses and townhomes went from 66 to 69. Six homes arrived, five of them newly listed and one in the coming soon queue. Another home came back under a new listing at a lower price. Three homes left the list after 20 to 46 days on market.
Newly listed in Newark
Eleven homes carry the newly listed flag. All eleven are houses, and most of them are three bedroom homes, with a few four bedroom homes in the mix.
Ten homes sit in the coming soon queue, up from nine on Tuesday, and nine houses and townhomes are priced under a million, one fewer than Tuesday.
What we would do with this
If you are buying, eleven newly listed homes and a relisted home at a lower price mean real choice; if you are already in contract, check in with your lender this afternoon, since lenders can reprice after a Fed day. If you are selling, three homes left the list after 20 to 46 days, so price for a 7% market from day one.
Want the full list of homes that fit your search, or a read on your own street? Harv Balu and Liliana Mayen are glad to walk you through it.
Based on information from the Bay East Association of REALTORS® (Bay East MLS) as of 09/16/26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Single family homes and townhomes in Newark, CA 94560.
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