Here's a look at the 10 most expensive homes sold in the Newark area between July 21st and July 27th, showcasing the high-end real estate market activity in the region. During this period, a remarkable 44 residential real estate sales were recorded, highlighting a dynamic market. The total sales volume amounted to approximately $22,363,900, with an average sale price of $522,068, representing an impressive $247 per square foot. It's important to note that the prices listed reflect sales where the title was officially recorded within the week of July 21st, regardless of when the actual property transaction occurred. This ensures an accurate representation of recent market trends. This report provides valuable insights into the competitive landscape of Newark’s luxury real estate market, offering a detailed overview of the most significant transactions. The data presented here can be invaluable for prospective buyers, sellers, and investors seeking to understand current market values and identify emerging opportunities. Furthermore, the high average price demonstrates continued demand for premium properties within the Newark area. This analysis also considers the broader Newark market, showcasing a substantial level of activity across various neighborhoods. Understanding these top sales provides a crucial benchmark for assessing investment potential and navigating the complexities of the local real estate market. The significant sales volume underscores the area’s appeal to affluent buyers and the strength of the local economy. We've compiled this data to offer a comprehensive overview of the most expensive residential sales, providing valuable context for understanding market dynamics. The detailed breakdown allows for a deeper analysis of property values and trends within the Newark area. This information is regularly updated to reflect the latest market changes and provide the most current data available. We are committed to providing our readers with the most accurate and reliable real estate information possible, and this report is a testament to that commitment.

The following list details the 10 most expensive homes sold in the Newark area during the specified timeframe, offering a snapshot of the market’s elite segment. This data is sourced from comprehensive real estate records and is intended to be a valuable resource for anyone interested in the Newark real estate market. We encourage you to use this information responsibly and to consult with a qualified real estate professional for personalized advice.