Concord Real Estate Statistics

Concord real estate average sold price in the last 30 days (March 20 - April 18) was $784,196, which is $1,199 (0.2%) higher than the average price of $782,997 in the previous 30 day period (February 19 - March 19), and $51,395 (6.6%) down from the same period 1 year ago ($835,591). Concord real estate prices over the last 30 days are also $3,861 (0.5%) higher than the average selling price of $780,335 over the past year.

Concord average sold price for homes was $1,236,666 in the last 30 days (March 20 - April 18), which is $131,116 (10.6%) down from the average home price of $1,367,782 in the previous 30 day period (February 19 - March 19), and $337,422 (27.3%) lower than the same period 1 year ago ($1,574,088). In the last 30 days Concord the average home price was $64,207 (5.2%) lower 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 20 - April 18) was $654,524. During this period it was $23,217 (3.5%) up from the average price of condo of $631,307 during the previous 30 days (February 19 - March 19), and $15,282 (2.3%) lower compared to the same period 1 year ago ($669,806). In the last 30 days Concord the average condo price was $3,032 (0.5%) higher than the average selling price of $651,492 over the last year.

Average selling price for Concord real estate was $784,196 in the last 30 days (March 20 - April 18), which is collectively $6,159 (0.8%) lower than the average asking price of $805,201. This represents a decline of $6,988 (842.9%) compared to $829 (0.1%) Sold-Over-Asking price from the previous 30 day period (February 19 - March 19).

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 46.7% with 63 properties sold and 130 new properties listed in the past 30 days (March 20 - April 18). This represents an increase from 26.9% recorded during the previous 30 day period (February 19 - March 19), and a decrease from 65.9% 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 63 properties that were successfully sold in Concord in the last 30 days (March 20 - April 18) was 23 days, which is 3 days less than 26 days average in the previous 30 day period (February 19 - March 19) and 7 days longer than during the same period a year ago (16 days).

There were 66 delisted properties in Concord, those that got either Expired, Suspended or Terminated over the last 30 days (March 20 - April 18) with an average of 44 days on the market. This is 4 days shorter than the average of 48 days during the previous 30 day period (February 19 - March 19) and 4 days more compared to the same period last year average of 40 days on the market.

66 Concord properties that didn't sell stayed on the market 91.3% longer than 63 that sucessfully sold over the last 30 days - 23 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.

135 new properties were listed on the market in Concord in the last 30 days (March 20 - April 18). During the same time 63 properties were sold and 66 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 6 properties (or 4.4%).

During the previous 30 day period (February 19 - March 19) there were 130 new properties listed, 35 sold and 50 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 13 homes listed during the last 30 days (March 20 - April 18), which is 9.6% of all properties listed in Concord. This is a 31.6% decline compared with a previous 30 day period (February 19 - March 19) and 31.6% down from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

102 condo units were listed in the last 30 days (March 20 - April 18) in Concord, which represents 75.6% of all new listings. This is up 6.2% from the prior 30 day period (February 19 - March 19) and 47.8% more compared to the same period last year. There were 77 condos listed per month on average during the last 12 months.

20 townhomes were listed over the last 30 days (March 20 - April 18) in Concord, which is 14.8% of all new real estate inventory. This is a 33.3% more than during the previous 30 day period (February 19 - March 19) and 566.7% 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 20 - April 18), which is 14.3% of all properties sold in Concord. This is a 80.0% increase compared with a previous 30 day period (February 19 - March 19) and 18.2% down from the same period a year ago. Over the past year an average of 7 homes are were sold per month.

48 condo units were sold in the last 30 days (March 20 - April 18) in Concord, which represents 76.2% of all sold properties. This is up 84.6% from the prior 30 day period (February 19 - March 19) and 2.0% less compared to the same period last year. There were 34 condos sold per month on average during the last 12 months.