Newcastle Real Estate Market
Comprehensive Market Analysis & Key Performance Indicators
May, 2025
Median Sale Price
$727,500
Prior Month
$916,944 -20.7%
Same Month Last Year
$865,000 -15.9%
YTD vs Prior YTD
$816,500 / $830,000 -1.6%
Transaction Volume
24 Sales
Prior Month
20 +20.0%
Same Month Last Year
19 +26.3%
YTD vs Prior YTD
96 / 115 -16.5%
New Listings
72 Listings
Prior Month
57 +26.3%
Same Month Last Year
67 +7.5%
YTD vs Prior YTD
270 / 233 +15.9%
Market Timing
22 Days
Prior Month
12 Days +79.2%
Same Month Last Year
9 Days +138.9%
YTD Average
16 Days +40.9%
Pricing Analysis
$777,400
Median List Price
98.5%
Sale-to-List Ratio
Above List Price: 33.3% ↑ 8.3% from last month
Below List Price: 66.7% ↓ 8.3% from last month
Market Activity Overview
34
Terminations
$18.4M
Total Dollar Volume
Market Activity Level
Based on volume and pricing trends