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The Most Expensive Home For Sale in Newark

Check out this home that's selling for more than $350,000 above the median price in town

This home on Rinconada Court is listed at $825,000
This home on Rinconada Court is listed at $825,000
Home prices continued to rise this summer, although the pace of home sales slowed.

In the Bay Area, the median price paid for a house in June was $555,000, the highest level since December 2007. The figure was 33 percent higher than June 2012, according to a report from DataQuick.

In Contra Costa County, the median price was $415,000, a 31 percent rise from a year ago. In Alameda County, it was $540,000, a 44 percent increase, according to DataQuick.

In Newark, the median price for a home sold in June was $465,000, up 3 percent from a year ago, according to the website RealtyTrac.

The most expensive house we could find on the market in Newark was this four-bedroom, three-bathroom home at 8305 Rinconada Court.

The 2,317-square-foot residence on an eighth of an acre is listed at almost $825,000, more than $350,000 above the city's median price.

Know of any other higher priced homes on the market in your neighborhood? Let us know in the comments section.

This information was provided by Rachael Hand, Broker Associate, Coldwell Banker, 925-372-8080 or rachael.hand@cbnorcal.com. Properties featured in this article may be offered by a variety of local real estate firms.

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