Concord Real Estate Statistics

Concord real estate average sold price in the last 30 days (December 19 - January 17) was $735,621, which is $27,159 (3.7%) lower than the average price of $762,780 in the previous 30 day period (November 19 - December 18), and $21,331 (2.9%) up from the same period 1 year ago ($714,290). Concord real estate prices over the last 30 days are also $9,538 (1.3%) lower than the average selling price of $745,159 over the past year.

Concord average sold price for homes was $1,273,250 in the last 30 days (December 19 - January 17), which is $8,584 (0.7%) up from the average home price of $1,264,666 in the previous 30 day period (November 19 - December 18), and $85,584 (6.7%) higher than the same period 1 year ago ($1,187,666). In the last 30 days Concord the average home price was $40,734 (3.2%) lower than the average selling price of $1,313,984 over the last 12 months.

Average Concord condo sold price over the last 30 days (December 19 - January 17) was $601,000. During this period it was $3,889 (0.6%) up from the average price of condo of $597,111 during the previous 30 days (November 19 - December 18), and $27,958 (4.7%) lower compared to the same period 1 year ago ($628,958). In the last 30 days Concord the average condo price was $16,066 (2.7%) lower than the average selling price of $617,066 over the last year.

Average sold price of Concord townhouse was $805,500 in the last 30 days (December 19 - January 17), down $140,000 (17.4%) from the average townhome price of $945,500 over the previous 30 days (November 19 - December 18), and $65,750 (8.2%) lower than during to the same period 1 year ago ($871,250). Over the last 30 days the average townhouse price in Concord was $100,261 (12.4%) lower compared to the average selling price of $905,761 over the last 12 months.

Average selling price for Concord real estate was $735,621 in the last 30 days (December 19 - January 17), which is collectively $19,337 (2.7%) lower than the average asking price of $727,103. This represents a decline of $19,610 (7,183.2%) compared to $273 (0.0%) Sold-Over-Asking price from the previous 30 day period (November 19 - December 18).

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 44.6% with 33 properties sold and 76 new properties listed in the past 30 days (December 19 - January 17). This represents a decrease from 53.9% recorded during the previous 30 day period (November 19 - December 18), and a decrease from 68.9% compared to the same period one year ago.

Over the the last year the highest SNLR in Concord was 70.0% 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 33 properties that were successfully sold in Concord in the last 30 days (December 19 - January 17) was 44 days, which is 17 days more than 27 days average in the previous 30 day period (November 19 - December 18) and 3 days shorter than during the same period a year ago (47 days).

There were 68 delisted properties in Concord, those that got either Expired, Suspended or Terminated over the last 30 days (December 19 - January 17) with an average of 76 days on the market. This is 7 days longer than the average of 69 days during the previous 30 day period (November 19 - December 18) and 6 days less compared to the same period last year average of 82 days on the market.

68 Concord properties that didn't sell stayed on the market 72.7% longer than 33 that sucessfully sold over the last 30 days - 44 days when sold vs 76 days when delisted respectively.

Average Days on the Market in Concord over the past 12 months for properties that have sold was 30.4 days, with 58.3 days for those properties that did not sell.

74 new properties were listed on the market in Concord in the last 30 days (December 19 - January 17). During the same time 33 properties were sold and 68 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 27 properties (or 36.5%).

During the previous 30 day period (November 19 - December 18) there were 76 new properties listed, 41 sold and 75 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 50 new listings and a yearly average of 117 new listings per month.

There were a total of 4 homes listed during the last 30 days (December 19 - January 17), which is 5.4% of all properties listed in Concord. This is a 63.6% decline compared with a previous 30 day period (November 19 - December 18) and 33.3% up from the same period a year ago. Over the past year an average of 12 homes are were listed per month.

66 condo units were listed in the last 30 days (December 19 - January 17) in Concord, which represents 89.2% of all new listings. This is up 6.5% from the prior 30 day period (November 19 - December 18) and 83.3% more compared to the same period last year. There were 93 condos listed per month on average during the last 12 months.

4 townhomes were listed over the last 30 days (December 19 - January 17) in Concord, which is 5.4% of all new real estate inventory. This is a 33.3% more than during the previous 30 day period (November 19 - December 18) and 33.3% decrease 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 6 homes sold during the last 30 days (December 19 - January 17), which is 18.2% of all properties sold in Concord. This is a 0.0% decline compared with a previous 30 day period (November 19 - December 18) and 100.0% up from the same period a year ago. Over the past year an average of 7 homes are were sold per month.

25 condo units were sold in the last 30 days (December 19 - January 17) in Concord, which represents 75.8% of all sold properties. This is down 7.4% from the prior 30 day period (November 19 - December 18) and 4.2% more compared to the same period last year. There were 36 condos sold per month on average during the last 12 months.

2 townhomes were sold over the last 30 days (December 19 - January 17) in Concord, which is 6.1% of all sold real estate. This is a 75.0% less than during the previous 30 day period (November 19 - December 18) and 50.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 4 a month.