Concord Real Estate Statistics

Concord real estate average sold price in the last 30 days (October 21 - November 19) was $722,230, which is $54,024 (7.5%) lower than the average price of $776,254 in the previous 30 day period (September 21 - October 20), and $80,955 (11.2%) down from the same period 1 year ago ($803,185). Concord real estate prices over the last 30 days are also $26,622 (3.7%) lower than the average selling price of $748,852 over the past year.

Concord average sold price for homes was $1,263,375 in the last 30 days (October 21 - November 19), which is $79,250 (6.3%) down from the average home price of $1,342,625 in the previous 30 day period (September 21 - October 20), and $250,626 (19.8%) lower than the same period 1 year ago ($1,514,001). In the last 30 days Concord the average home price was $94,046 (7.4%) lower than the average selling price of $1,357,421 over the last 12 months.

Average Concord condo sold price over the last 30 days (October 21 - November 19) was $594,243. During this period it was $60,167 (10.1%) down from the average price of condo of $654,410 during the previous 30 days (September 21 - October 20), and $36,471 (6.1%) lower compared to the same period 1 year ago ($630,714). In the last 30 days Concord the average condo price was $31,303 (5.3%) lower than the average selling price of $625,546 over the last year.

Average sold price of Concord townhouse was $1,028,333 in the last 30 days (October 21 - November 19), up $196,833 (19.1%) from the average townhome price of $831,500 over the previous 30 days (September 21 - October 20), and $157,343 (15.3%) higher than during to the same period 1 year ago ($870,990). Over the last 30 days the average townhouse price in Concord was $194,433 (18.9%) higher compared to the average selling price of $833,900 over the last 12 months.

Average selling price for Concord real estate was $722,230 in the last 30 days (October 21 - November 19), which is collectively $16,678 (2.2%) lower than the average asking price of $765,808. This represents an increase of $4,183 (20.1%) compared to $20,861 (2.9%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 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 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 50.0% with 52 properties sold and 124 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 41.1% recorded during the previous 30 day period (September 21 - October 20), and an increase from 26.2% 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 52 properties that were successfully sold in Concord in the last 30 days (October 21 - November 19) was 36 days, which is 3 days more than 33 days average in the previous 30 day period (September 21 - October 20) and 10 days longer than during the same period a year ago (26 days).

There were 95 delisted properties in Concord, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 67 days on the market. This is 7 days longer than the average of 60 days during the previous 30 day period (September 21 - October 20) and 6 days more compared to the same period last year average of 61 days on the market.

95 Concord properties that didn't sell stayed on the market 86.1% longer than 52 that sucessfully sold over the last 30 days - 36 days when sold vs 67 days when delisted respectively.

Average Days on the Market in Concord over the past 12 months for properties that have sold was 30.6 days, with 56.1 days for those properties that did not sell.

104 new properties were listed on the market in Concord in the last 30 days (October 21 - November 19). During the same time 52 properties were sold and 95 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 43 properties (or 41.3%).

During the previous 30 day period (September 21 - October 20) there were 124 new properties listed, 51 sold and 86 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 11 homes listed during the last 30 days (October 21 - November 19), which is 10.6% of all properties listed in Concord. This is a 0.0% decline compared with a previous 30 day period (September 21 - October 20) and 57.1% up from the same period a year ago. Over the past year an average of 12 homes are were listed per month.

83 condo units were listed in the last 30 days (October 21 - November 19) in Concord, which represents 79.8% of all new listings. This is down 20.2% from the prior 30 day period (September 21 - October 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.

10 townhomes were listed over the last 30 days (October 21 - November 19) in Concord, which is 9.6% of all new real estate inventory. This is a 11.1% more than during the previous 30 day period (September 21 - October 20) and 52.4% 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 8 homes sold during the last 30 days (October 21 - November 19), which is 15.4% of all properties sold in Concord. This is a 0.0% decline compared with a previous 30 day period (September 21 - October 20) and 60.0% up from the same period a year ago. Over the past year an average of 6 homes are were sold per month.

41 condo units were sold in the last 30 days (October 21 - November 19) in Concord, which represents 78.8% of all sold properties. This is up 5.1% from the prior 30 day period (September 21 - October 20) and 95.2% more compared to the same period last year. There were 35 condos sold per month on average during the last 12 months.

3 townhomes were sold over the last 30 days (October 21 - November 19) in Concord, which is 5.8% of all sold real estate. This is a 25.0% less than during the previous 30 day period (September 21 - October 20) and 200.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 3 a month.