
Market Updates
Newark Real Estate Market Report, September 2026: The Median Fell, and Months of Supply Hit a Five-Year High
October 6, 2026, 11 min read


Harv Balu, REALTOR® | REALTY EXPERTS® | CA DRE# 02195792
Market reports, neighborhood guides, and straight answers from Harv Balu, REALTOR® with REALTY EXPERTS®, serving Fremont, Union City, Milpitas, Newark, and San Jose.
The Journal
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Latest, Market Updates, 11 min read
Newark Real Estate Market Report, September 2026: The Median Fell, and Months of Supply Hit a Five-Year High
The median Newark single-family sale closed at $1,298,000 in September, down 11.4% from August, while price per square foot rebounded 15.4% to $817. The homes that sold went fast and at about asking, 100.97% of list after a median of 13 days on market. But active listings jumped 26.5% and new contracts fell 24%, pushing months of supply to 2.82, the highest point on the report's five-year chart. Here is what it means if you are buying or selling in Newark.
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Fremont Market Pulse
Seller's Market$1.63M
Median sold price, 1.79 months of inventory. As of July 2026.
Today: 238 Fremont homes on the market, houses asking a median of $1.6M. Live from the October 6, 2026 MLS export.
Read the full Fremont reportThe Fremont to San Jose corridor, in relief
Live inventory
671 homes for sale across our five cities
MLS export of October 6, 2026, refreshed every morning. Pending and contingent homes already filtered out.
Today's read
The Journal
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Loan Term
Total Monthly Payment
$7,456.51
Total monthly payment $7,457
Share of monthly payment
83%
Principal & Interest
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The HarvRealtor app
HarvRealtor is my free app. Fremont, Hayward, Union City, Newark and Milpitas each get their own screen, built from a daily MLS export, and there is no account to make.
Five cities, measured. Open Fremont, Hayward, Union City, Newark or Milpitas and drag the trend line to read any market day.
A price you can feel. Sweep the payment dial and watch the payment and cash to close follow, then fine tune it in five California calculators.
Your move, on your device. Tour notes, photos and offers side by side stay on your device, and escrow dates go on your own calendar with reminders.
My blog, in the app. Every post reads inside HarvRealtor, and the words read offline.
Statistics, not listings. Listing search runs on harvrealtor.com, in the browser.

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A Fremont, California home
In Their Words
Real stories from buyers and sellers across the Bay Area.
I was fortunate to get to work with Harvinder Balu to sell my house. His knowledge of the market, using social media and guiding sellers led to a great outcome.
Christine Zeitz
Harvinder Balu is very honest and experienced. He helped us buy our first house. Harvinder went above and beyond to secure the best affordable price possible. He was transparent and honest throughout the entire process. I recommend choosing him as a Realtor.
Gurpreet Singh
Harv is an excellent realtor and no one works harder or smarter for his clients!
Paulette Hartkopf
Your REALTOR®
REALTOR® | GRI, CIPS, PSA, FTBS
Bay Area resident, tech-savvy REALTOR®, and proud father of three, dedicated to making your real estate journey seamless and rewarding.
With over 15 years in information technology and a genuine passion for real estate, I offer dynamic, tailored services designed around your unique needs. My background in IT systems, data analysis, and client service sets me apart, ensuring a personalized and efficient experience for every client.
Beyond the world of tech, I'm an enthusiast photographer capturing life's moments and a green-thumbed gardener finding solace in nature. Known for fixing things that sometimes break, I bring a resourceful, problem-solving approach to every challenge.
With a commitment to professionalism, integrity, and delivering results, my mission is to help you find the perfect property or secure the best deal for your home sale. Your real estate success is my top priority.
Designations & Certifications

GRI
Advanced training in finance, marketing, and technology for residential real estate.

CIPS
Expertise in international real estate transactions and global markets.

PSA
Skilled in CMAs, pricing strategies, and navigating appraisals.

FTBS
Dedicated support guiding first-time buyers through every step.
The Office
At REALTY EXPERTS®, we provide expert guidance across Fremont, Newark, Milpitas, Union City, Hayward, San Jose, Sunnyvale, Santa Clara, and neighboring communities.

Office Manager / REALTOR®
CA DRE 00584793
Licensed since 1977, Chuck has served Alameda County and neighboring cities for over 35 years, including as President of Bay East Association of REALTORS®.

REALTOR®
CA DRE 02221667
With a background in accounting and a passion for connecting with people, Liliana brings financial acumen and care to every transaction.

REALTOR®
CA DRE 01186727
Licensed since 1994 and fluent in Cantonese, English, French, and Mandarin, Olivia connects with clients from diverse backgrounds worldwide.

Office Administrator
With 25+ years in administration and real estate marketing, Billi delivers reliable support and innovative strategies that drive success.
Questions, Answered
Common questions about buying, selling, and investing in Bay Area real estate.
As of early 2026, the median home price in Fremont is approximately $1.4 to $1.6 million, though prices vary significantly by neighborhood. Areas like Mission San Jose and Warm Springs tend to command higher prices, while parts of Centerville and Irvington may offer relatively more affordable options. Contact me for a free, up-to-date market analysis for the specific neighborhood you're interested in.
Timing the market perfectly is nearly impossible, but the Bay Area's strong job market, driven by tech, biotech, and healthcare, continues to support long-term property values. Interest rates, your personal financial readiness, and how long you plan to stay are more important factors than short-term market fluctuations. I can help you evaluate whether buying makes sense for your situation right now.
Milpitas is compact, so the choice comes down to housing stock, price and how you get to work rather than long distances. Sunnyhills is one of the established areas and sits near schools in the Milpitas Unified School District. The Trade Zone area beside the Great Mall puts shopping and dining within easy reach. The newer developments around the Milpitas BART station are denser and carry direct rail access to San Jose and the wider Bay Area. Tell me your price range and your commute and I can narrow it to a short list of streets worth walking.
Well-priced homes in desirable Bay Area locations often receive multiple offers within 7 to 14 days. However, the total process, from listing preparation through closing, typically takes 45 to 60 days. Factors like pricing strategy, home condition, staging, and local market conditions all play a role. I use data-driven pricing and professional marketing to help my sellers close quickly and at top dollar.
While it's not legally required, having an experienced local agent is highly recommended, especially in the competitive Bay Area market. A buyer's agent helps you navigate disclosures, negotiate effectively, coordinate inspections, and avoid costly mistakes. Since 2024, you'll sign a written buyer agreement up front that spells out your agent's compensation, which is always negotiable; sellers may still offer to cover some or all of it as part of the deal.
I serve homebuyers and sellers across the East Bay and South Bay, with deep expertise in Fremont, including Mission San Jose, plus Union City, Newark, Milpitas, Hayward, San Jose, Sunnyvale, and Santa Clara. Whether you're in Alameda County or Santa Clara County, I can help you find or sell your home. If you're looking outside those cities, tell me what you have in mind and I will point you to an agent who knows that market well.
Key areas to focus on include the roof condition, foundation integrity, plumbing and electrical systems, HVAC age and function, and any signs of water damage or pest issues. In the Bay Area, seismic retrofitting and soil conditions are also important considerations. I always recommend hiring a qualified inspector and can suggest trusted professionals I've worked with.
Start by gathering your financial documents: pay stubs, tax returns, bank statements, and credit reports. A lender will review your debt-to-income ratio, credit score, and employment history to determine how much you can borrow. Pre-approval typically takes 1 to 3 business days and strengthens your offer significantly in competitive markets. I work with several reputable local lenders and can connect you with the right fit.