Is Newbury Park, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newbury Park is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Newbury Park has remained a Seller's Market.

Key Takeaway

Newbury Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Newbury Park, CA cost?

Median Sold Price

$943,750

$479/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$93,750(+11.0%)

Key Takeaway

Homes in Newbury Park have sold for 11% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $350K-
N/A
2 $435K$494.9K
+13.8%
3 $750K$825K
+10.0%
4 $892.5K$1.0M
+13.2%
5+ $1.2M$1.4M
+15.9%

Median Sold Price Compared To Nearby Cities

Thousand Oaks
+14.1%
Camarillo
+14.1%
Westlake Village
+11.7%
Newbury Park
+11.0%
Triunfo Pass-Point Mugu
-1.2%

How many homes are available in Newbury Park, CA?

Number of Homes For Sale

Jul 2022Aug 2022%
157149-5.1%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 910
+11.1%
3 4949
0.0%
4 6864
-5.9%
5+ 3126
-16.1%

Number of Homes Sold

Jul 2022Aug 2022%
4643-6.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newbury Park, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
28 Days31 Days+11.9%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Newbury Park are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Newbury Park, CA

Newbury Park, CA has 149 homes for sale to choose from. The inventory of homes for sale in Newbury Park, CA between July 2022 and August 2022 decreased by 5.1%. While the average time on the market in August 2022 was 31 days, the median list price was $943,750. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 13.8%, 3 bedrooms properties prices increased by 10%, prices of 4 bedrooms properties increased by 13.2%, prices of 5 bedrooms properties went up by 15.9%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went up by 11.1%, 3 bedrooms homes inventory did not change, number of 4 bedrooms homes decreased by 5.9%, volume of 5 bedrooms homes went down by 16.1%. In August 2022, from all listings sold in Newbury Park, CA there were more than 13 sold above asking price, over 22 sold below and more than 8 were sold right at the asked price.

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