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Concord Real Estate Prices And Market Stats

  • 130 Total For Sale
  • 25 New Listings
  • 5 Back On Market
  • 7 Price Change
  • 1 Short Sale

There are currently 130 properties for sale and Concord real estate prices are between $239,999 and $3,950,000. The median price for homes that are currently for sale is $599,000. Homes are selling for about $404 per square foot. If you are serious about buying a home, we highly recommend setting up a market watch notification so you don't miss out.

Median Price

$599,000

$239,999
Lowest Priced

$3,950,000
Highest Priced

Avg Price/SQFT

$404

$267
Lowest

$777
Highest

Avg DOM

37

Concord Real-Estate Price trends

The real estate price trend chart shows the median selling prices for homes over time. A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the "noise" from random short-term price fluctuations. Use this chart with the inventory chart to determine if prices for homes will be going up or down.

Concord Real-Estate Inventory - Monthly Active, Pending and Sold Activity

The real estate inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each month (pending) and sold each month. This chart is good at determining the supply and demand of properties. When trying to find trends in home prices, I look at the number of the new home listings and the current price trends.

Date Median Price DOM Avg $/sqft Sales Ratio
Feb/2019 $544,000 15 $401 100.27%
Jan/2019 $549,000 43 $373 99.14%
Dec/2018 $589,950 19 $373 99.04%
Nov/2018 $599,000 20 $387 99.83%
Oct/2018 $542,500 19 $395 99.92%
Sep/2018 $585,000 16 $399 100.25%
Aug/2018 $559,500 16 $399 101.28%
Jul/2018 $599,000 12 $392 101.90%
Jun/2018 $599,000 11 $405 103.65%
May/2018 $598,875 11 $405 103.28%
Apr/2018 $594,000 9 $409 103.56%
Mar/2018 $550,000 9 $402 103.86%
Feb/2018 $525,000 10 $397 104.00%

Concord Market Sales Rate (All Property Types)

The charts below represent the current state of the real estate market in Concord. I created these charts to answer the question I hear a lot, "How is the real estate market in Concord?" The market sales rate, or absorption rate is based on the total number of homes currently for sale, divided by the total sold in the same time period. When the 90 day trend line falls below the 20, Concord is in a "Buyers Market". When the 90 day trend is above 20, Concord is in a "Sellers Market". Currently, about 10 homes are sold per week in Concord, therefore it would take about 3.0 weeks to sell all the homes if no new homes come on the market.

Complete Residential Inventory

Below is all the properties currently for sale in Concord, sorted by number of bedrooms.

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 5 $260,000 $261,200 675 $400 $387
2 22 $321,400 $326,891 939 $357 $349
3 3 $429,900 $437,967 1,215 $344 $361
all 30 $316,500 $327,050 923 $357 $357

Detached - Single Family Homes

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 4 $617,000 $644,750 1,206 $511 $563
3 45 $615,000 $645,080 1,515 $440 $441
4 31 $699,000 $850,799 2,020 $384 $410
5 8 $962,250 $959,910 2,817 $335 $349
6 1 $1,125,000 $1,125,000 3,496 $321 $322
all 89 $661,901 $750,412 1,816 $410 $426

Duet

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 1 $640,000 $640,000 1,278 $500 $501
all 1 $640,000 $640,000 1,278 $500 $501

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 3 $399,999 $383,333 1,049 $383 $365
3 7 $475,000 $445,700 1,316 $337 $339
all 10 $410,000 $426,990 1,236 $342 $347

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built New Listings Total Listings
Top/First $738,100 2,148 20 1974 0 63 Most Expensive 25% of properties
Upper/Second $605,000 1,577 28 1960 0 63 Upper-middle 25% of properties
Lower/Third $500,000 1,261 19 1955 0 63 Lower-middle 25% of properties
Bottom/Fourth $325,000 960 18 1974 0 63 Least expensive 25% of properties
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Trang Dunlap

Intero Real Estate
[email protected] 888.422.9991

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