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Newcastle, CA - Market Report (February 2019)

The Newcastle Market Report was prepared by Leilani Souza.

What is the real estate market like in Newcastle, California? According to market data from February 2019, Newcastle has 2.4 months of inventory. This means that it is a Seller's Market in Newcastle, CA. If you have a home on acreage to sell in Newcastle, we are your ranch property specialist! Last month, there were:

  • 17 homes for sale in Newcastle, CA
  • 7 homes sold in Newcastle, CA
  • 9 homes pending in Newcastle, CA

The number of properties for sale divided by the number of properties sold equals the months of inventory. It is a Neutral Market when there are 3-6 months worth of inventory. A Buyer’s Market is when the current inventory exceeds 6 months. When there is less than 3 months of inventory, it is a Seller’s Market.

Read the full blog post, complete with charts, home prices and more:

http://souzarealty.com/2019/03/07/newcastle-market-report-february-2019/

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BOB & LEILANI SOUZA

Souza Realty, Bob & Leilani Souza - Real Estate Investment Specialists in Southwest Placer County, CA

Bob Souza - 925.513.3400 - bob@souzarealty.com

Leilani Souza - 916.408.5500 - leilani@souzarealty.com

Souza Realty - Real Estate in Roseville, Rocklin, Lincoln, Loomis and Granite Bay, CA

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Comment balloon 2 commentsBob & Leilani Souza • March 08 2019 03:19AM

Comments

Thanks for sharing, definitely low inventory as we approach the selling season.

Posted by Peter Mohylsky, Let me help you find your path to the beach. (PrimeSouth Properties) 7 months ago

Good morning 

Thank you for sharing your information with us Bob & Leilani Souza 

Have a great day.

March 10, 2019. 

Posted by Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® ) 7 months ago

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