Concord Real Estate Statistics

Concord real estate average sold price in the last 30 days (November 21 - December 20) was $769,368, which is $46,441 (6.0%) higher than the average price of $722,927 in the previous 30 day period (October 22 - November 20), and $11,255 (1.5%) up from the same period 1 year ago ($758,113). Concord real estate prices over the last 30 days are also $22,120 (2.9%) higher than the average selling price of $747,248 over the past year.

Concord average sold price for homes was $1,264,666 in the last 30 days (November 21 - December 20), which is $1,291 (0.1%) up from the average home price of $1,263,375 in the previous 30 day period (October 22 - November 20), and $64,103 (5.1%) lower than the same period 1 year ago ($1,328,769). In the last 30 days Concord the average home price was $53,390 (4.2%) lower than the average selling price of $1,318,056 over the last 12 months.

Average Concord condo sold price over the last 30 days (November 21 - December 20) was $593,200. During this period it was $6,823 (1.2%) down from the average price of condo of $600,023 during the previous 30 days (October 22 - November 20), and $29,692 (5.0%) lower compared to the same period 1 year ago ($622,892). In the last 30 days Concord the average condo price was $28,617 (4.8%) lower than the average selling price of $621,817 over the last year.

Average sold price of Concord townhouse was $974,000 in the last 30 days (November 21 - December 20), up $10,750 (1.1%) from the average townhome price of $963,250 over the previous 30 days (October 22 - November 20), and $160,000 (16.4%) lower than during to the same period 1 year ago ($1,134,000). Over the last 30 days the average townhouse price in Concord was $59,568 (6.1%) higher compared to the average selling price of $914,432 over the last 12 months.

Average selling price for Concord real estate was $769,368 in the last 30 days (November 21 - December 20), which is collectively $6,386 (0.9%) higher than the average asking price of $717,163. This represents an increase of $23,031 (138.4%) compared to $16,645 (2.2%) Sold-Under-Asking price from the previous 30 day period (October 22 - November 20).

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 September, 2024 with $23,595 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 50.7% with 38 properties sold and 103 new properties listed in the past 30 days (November 21 - December 20). This represents a decrease from 53.4% recorded during the previous 30 day period (October 22 - November 20), and a decrease from 56.2% 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 July at 23.8%. 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 38 properties that were successfully sold in Concord in the last 30 days (November 21 - December 20) was 27 days, which is 8 days less than 35 days average in the previous 30 day period (October 22 - November 20) and 8 days shorter than during the same period a year ago (35 days).

There were 70 delisted properties in Concord, those that got either Expired, Suspended or Terminated over the last 30 days (November 21 - December 20) with an average of 70 days on the market. This is 2 days longer than the average of 68 days during the previous 30 day period (October 22 - November 20) and 20 days more compared to the same period last year average of 50 days on the market.

70 Concord properties that didn't sell stayed on the market 159.3% longer than 38 that sucessfully sold over the last 30 days - 27 days when sold vs 70 days when delisted respectively.

Average Days on the Market in Concord over the past 12 months for properties that have sold was 31.0 days, with 56.0 days for those properties that did not sell.

75 new properties were listed on the market in Concord in the last 30 days (November 21 - December 20). During the same time 38 properties were sold and 70 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 33 properties (or 44.0%).

During the previous 30 day period (October 22 - November 20) there were 103 new properties listed, 55 sold and 99 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 116 new listings per month.

There were a total of 10 homes listed during the last 30 days (November 21 - December 20), which is 13.3% of all properties listed in Concord. This is a 9.1% decline compared with a previous 30 day period (October 22 - November 20) and 233.3% up from the same period a year ago. Over the past year an average of 12 homes are were listed per month.

62 condo units were listed in the last 30 days (November 21 - December 20) in Concord, which represents 82.7% of all new listings. This is down 24.4% from the prior 30 day period (October 22 - November 20) and 10.7% more compared to the same period last year. There were 92 condos listed per month on average during the last 12 months.

3 townhomes were listed over the last 30 days (November 21 - December 20) in Concord, which is 4.0% of all new real estate inventory. This is a 70.0% less than during the previous 30 day period (October 22 - November 20) and 40.0% decrease 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 6 homes sold during the last 30 days (November 21 - December 20), which is 15.8% of all properties sold in Concord. This is a 25.0% decline compared with a previous 30 day period (October 22 - November 20) and 50.0% up from the same period a year ago. Over the past year an average of 6 homes are were sold per month.

25 condo units were sold in the last 30 days (November 21 - December 20) in Concord, which represents 65.8% of all sold properties. This is down 41.9% from the prior 30 day period (October 22 - November 20) and 10.7% less compared to the same period last year. There were 36 condos sold per month on average during the last 12 months.

7 townhomes were sold over the last 30 days (November 21 - December 20) in Concord, which is 18.4% of all sold real estate. This is a 75.0% more than during the previous 30 day period (October 22 - November 20) and 75.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 4 a month.