Concord Real Estate Statistics

Concord real estate average sold price in the last 30 days (March 10 - April 8) was $796,935, which is $35,660 (4.5%) higher than the average price of $761,275 in the previous 30 day period (February 9 - March 9), and $58,409 (7.3%) down from the same period 1 year ago ($855,344). Concord real estate prices over the last 30 days are also $16,600 (2.1%) higher than the average selling price of $780,335 over the past year.

Concord average sold price for homes was $1,329,333 in the last 30 days (March 10 - April 8), which is $156,605 (11.8%) up from the average home price of $1,172,728 in the previous 30 day period (February 9 - March 9), and $293,002 (22.0%) lower than the same period 1 year ago ($1,622,335). In the last 30 days Concord the average home price was $28,460 (2.1%) higher than the average selling price of $1,300,873 over the last 12 months.

Average Concord condo sold price over the last 30 days (March 10 - April 8) was $655,430. During this period it was $27,944 (4.3%) up from the average price of condo of $627,486 during the previous 30 days (February 9 - March 9), and $14,033 (2.1%) lower compared to the same period 1 year ago ($669,463). In the last 30 days Concord the average condo price was $3,938 (0.6%) higher than the average selling price of $651,492 over the last year.

Average sold price of Concord townhouse was $1,226,350 in the last 30 days (March 10 - April 8), up $226,517 (18.5%) from the average townhome price of $999,833 over the previous 30 days (February 9 - March 9), and $11,910 (1.0%) higher than during to the same period 1 year ago ($1,214,440). Over the last 30 days the average townhouse price in Concord was $328,222 (26.8%) higher compared to the average selling price of $898,128 over the last 12 months.

Average selling price for Concord real estate was $796,935 in the last 30 days (March 10 - April 8), which is collectively $4,483 (0.6%) higher than the average asking price of $789,310. This represents a decline of $7,291 (61.9%) compared to $11,774 (1.4%) Sold-Over-Asking price from the previous 30 day period (February 9 - March 9).

The maximum Sold Over/Under Asking ratio in Concord during the last 12 months was recorded in May, 2023 with an average of $24,843 over the asking price, while the minimum occurring in November, 2023 with $34,689 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Concord was 49.2% with 59 properties sold and 112 new properties listed in the past 30 days (March 10 - April 8). This represents an increase from 29.5% recorded during the previous 30 day period (February 9 - March 9), and a decrease from 66.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Concord was 102.8% recorded in December and the lowest was in September at 20.9%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 59 properties that were successfully sold in Concord in the last 30 days (March 10 - April 8) was 21 days, which is 10 days less than 31 days average in the previous 30 day period (February 9 - March 9) and 3 days shorter than during the same period a year ago (24 days).

There were 61 delisted properties in Concord, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 44 days on the market. This is 1 days shorter than the average of 45 days during the previous 30 day period (February 9 - March 9) and 6 days less compared to the same period last year average of 50 days on the market.

61 Concord properties that didn't sell stayed on the market 109.5% longer than 59 that sucessfully sold over the last 30 days - 21 days when sold vs 44 days when delisted respectively.

Average Days on the Market in Concord over the past 12 months for properties that have sold was 24.7 days, with 48.4 days for those properties that did not sell.

120 new properties were listed on the market in Concord in the last 30 days (March 10 - April 8). During the same time 59 properties were sold and 61 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 0 properties (or 0.0%).

During the previous 30 day period (February 9 - March 9) there were 112 new properties listed, 33 sold and 42 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was March with 135 new properties listed, the slowest - December with 36 new listings and a yearly average of 99 new listings per month.

There were a total of 15 homes listed during the last 30 days (March 10 - April 8), which is 12.5% of all properties listed in Concord. This is a 0.0% decline compared with a previous 30 day period (February 9 - March 9) and 25.0% up from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

86 condo units were listed in the last 30 days (March 10 - April 8) in Concord, which represents 71.7% of all new listings. This is up 4.9% from the prior 30 day period (February 9 - March 9) and 34.4% more compared to the same period last year. There were 77 condos listed per month on average during the last 12 months.

19 townhomes were listed over the last 30 days (March 10 - April 8) in Concord, which is 15.8% of all new real estate inventory. This is a 26.7% more than during the previous 30 day period (February 9 - March 9) and 850.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 11 a month.

There were a total of 9 homes sold during the last 30 days (March 10 - April 8), which is 15.3% of all properties sold in Concord. This is a 125.0% increase compared with a previous 30 day period (February 9 - March 9) and 0.0% down from the same period a year ago. Over the past year an average of 7 homes are were sold per month.

46 condo units were sold in the last 30 days (March 10 - April 8) in Concord, which represents 78.0% of all sold properties. This is up 100.0% from the prior 30 day period (February 9 - March 9) and 12.2% more compared to the same period last year. There were 34 condos sold per month on average during the last 12 months.

4 townhomes were sold over the last 30 days (March 10 - April 8) in Concord, which is 6.8% of all sold real estate. This is a 33.3% less than during the previous 30 day period (February 9 - March 9) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 3 a month.