Concord Real Estate Statistics

Concord real estate average sold price in the last 30 days (August 20 - September 18) was $730,993, which is $35,974 (4.9%) higher than the average price of $695,019 in the previous 30 day period (July 21 - August 19), and $36,106 (4.9%) down from the same period 1 year ago ($767,099). Concord real estate prices over the last 30 days are also $13,649 (1.9%) lower than the average selling price of $744,642 over the past year.

Concord average sold price for homes was $1,410,320 in the last 30 days (August 20 - September 18), which is $135,904 (9.6%) up from the average home price of $1,274,416 in the previous 30 day period (July 21 - August 19), and $249,070 (17.7%) higher than the same period 1 year ago ($1,161,250). In the last 30 days Concord the average home price was $115,943 (8.2%) higher than the average selling price of $1,294,377 over the last 12 months.

Average Concord condo sold price over the last 30 days (August 20 - September 18) was $565,712. During this period it was $24,439 (4.3%) down from the average price of condo of $590,151 during the previous 30 days (July 21 - August 19), and $69,151 (12.2%) lower compared to the same period 1 year ago ($634,863). In the last 30 days Concord the average condo price was $66,058 (11.7%) lower than the average selling price of $631,770 over the last year.

Average sold price of Concord townhouse was $897,000 in the last 30 days (August 20 - September 18), down $142,333 (15.9%) from the average townhome price of $1,039,333 over the previous 30 days (July 21 - August 19), and $203,247 (22.7%) lower than during to the same period 1 year ago ($1,100,247). Over the last 30 days the average townhouse price in Concord was $13,420 (1.5%) higher compared to the average selling price of $883,580 over the last 12 months.

Average selling price for Concord real estate was $730,993 in the last 30 days (August 20 - September 18), which is collectively $16,919 (2.2%) lower than the average asking price of $774,571. This represents a decline of $24,744 (316.2%) compared to $7,825 (1.0%) Sold-Over-Asking price from the previous 30 day period (July 21 - August 19).

The maximum Sold Over/Under Asking ratio in Concord during the last 12 months was recorded in August, 2024 with an average of $18,118 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 34.7% with 50 properties sold and 132 new properties listed in the past 30 days (August 20 - September 18). This represents a decrease from 39.4% recorded during the previous 30 day period (July 21 - August 19), and an increase from 25.2% 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 50 properties that were successfully sold in Concord in the last 30 days (August 20 - September 18) was 21 days, which is 11 days less than 32 days average in the previous 30 day period (July 21 - August 19) and 1 days shorter than during the same period a year ago (22 days).

There were 96 delisted properties in Concord, those that got either Expired, Suspended or Terminated over the last 30 days (August 20 - September 18) with an average of 44 days on the market. This is 14 days shorter than the average of 58 days during the previous 30 day period (July 21 - August 19) and 7 days less compared to the same period last year average of 51 days on the market.

96 Concord properties that didn't sell stayed on the market 109.5% longer than 50 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 28.9 days, with 54.1 days for those properties that did not sell.

144 new properties were listed on the market in Concord in the last 30 days (August 20 - September 18). During the same time 50 properties were sold and 96 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 1.4%).

During the previous 30 day period (July 21 - August 19) there were 132 new properties listed, 52 sold and 124 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 164 new properties listed, the slowest - December with 36 new listings and a yearly average of 114 new listings per month.

There were a total of 14 homes listed during the last 30 days (August 20 - September 18), which is 9.7% of all properties listed in Concord. This is a 12.5% decline compared with a previous 30 day period (July 21 - August 19) and 0.0% down from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

118 condo units were listed in the last 30 days (August 20 - September 18) in Concord, which represents 81.9% of all new listings. This is up 15.7% from the prior 30 day period (July 21 - August 19) and 20.4% more compared to the same period last year. There were 91 condos listed per month on average during the last 12 months.

12 townhomes were listed over the last 30 days (August 20 - September 18) in Concord, which is 8.3% of all new real estate inventory. This is a 14.3% less than during the previous 30 day period (July 21 - August 19) and 71.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 12 a month.

There were a total of 9 homes sold during the last 30 days (August 20 - September 18), which is 18.0% of all properties sold in Concord. This is a 50.0% increase compared with a previous 30 day period (July 21 - August 19) and 125.0% up from the same period a year ago. Over the past year an average of 5 homes are were sold per month.

39 condo units were sold in the last 30 days (August 20 - September 18) in Concord, which represents 78.0% of all sold properties. This is down 9.3% from the prior 30 day period (July 21 - August 19) and 77.3% more compared to the same period last year. There were 33 condos sold per month on average during the last 12 months.

2 townhomes were sold over the last 30 days (August 20 - September 18) in Concord, which is 4.0% of all sold real estate. This is a 33.3% less than during the previous 30 day period (July 21 - August 19) and 50.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 3 a month.