Rates set another record. The 30 year fixed added two basis points to 6.89% and the 15 year added one to 6.39%, per Mortgage News Daily. That is a fresh 52 week high for both, the second day in a row they have topped their own range.
30 Year Fixed
6.89%
up 0.02, a fresh 52 week high
Houses and townhomes buyable
60
48 active, 4 newly listed, 8 coming soon
Median asking
$1,238,000
21 median days on market
Under contract
32
up from 30 yesterday
Supply and demand both moved up
Buyable houses and townhomes rose from 58 to 60, and the number under contract rose from 30 to 32. Both sides of the ledger gained two. That is a healthier picture than yesterday's stall, when nothing came on the market at all.
Four properties currently carry the newly listed flag. Worth knowing that this flag stays on a listing for about a week, so these have been available for four to six days rather than arriving this morning. Three of the seven that carried it yesterday have now aged off it.
The median asking price held at $1,238,000 for a second day and median days on market ticked from 20 to 21. Neither is a signal on its own. A median that does not move while inventory grows by two simply means the additions landed on both sides of the middle.
Ten ways into Newark under $900,000
The $1,238,000 median turns away buyers who would comfortably qualify here. Ten houses and townhomes are available below $900,000 right now, six houses and four townhomes, and two of them are among the newest listings on the market.
With rates at a one year high, the rate you lock matters as much as the price you pay, and that is especially true at the entry level where every dollar of monthly payment counts.
What we would tell you today
If you are floating a rate, talk to your lender today rather than Friday. Rates are at a one year high on a risk premium that nobody can forecast, and the cost of waiting is knowable while the benefit is not. If you are shopping under $900,000, there are ten doors open in Newark right now and two of them only opened this week. If you are thinking about selling, the fact that contracts rose alongside inventory says buyers are still showing up at these rates.
Want the full list of homes under $900,000, or a read on what your own place would list for today? Reach out to Harv or Liliana any time. We watch this board every single morning.
Based on information from the Bay East Association of REALTORS® (Bay East MLS) as of 09/02/26. 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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