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Saturday, September 21, 2024

Newark home prices fall in February 2018

Realestate2

The median sale price of a home sold in February 2018 in Newark fell by $24,000 while total sales increased by 57.1%, according to BlockShopper.com.

In February 2018, there were 11 homes sold, with a median sale price of $88,000 - a 21.4% decrease over the $112,000 median sale price for the same period of the previous year. There were seven homes sold in Newark in February 2017.

The following table compares Newark to other Wayne County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Macedon7616.7%$115,000$129,950-11.5%
Palmyra9580%$113,300$108,5004.4%
Marion30-$110,000$0-
Sodus Point20-$106,344.22$0-
Sodus35-40%$89,000$71,382.8724.7%
Newark11757.1%$88,000$112,000-21.4%
Williamson46-33.3%$72,000$100,950-28.7%
Red Creek20-$69,000$0-
Wolcott68-25%$62,071.48$55,824.0211.2%
Rose110%$59,900$32,30085.4%
Clyde21100%$53,500$23,000132.6%

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