Range Homes Market Report

Concord, CA

Single-Family Homes

925-226-8586 | www.rangehomes.com | DRE# 02111757



Concord, CA

Thu Dec 01 2022
This week the median list price for Concord, CA is $805,000 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has decreased to 95. Click here to stay informed with the Concord market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Concord, CA

Thu Dec 01 2022
This week the median list price for Concord, CA is $805,000 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has decreased to 95. Click here to stay informed with the Concord market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Concord market.
Median List Price $805,000
Median Price of New Listings $744,000
Per Square Foot $514
Average Days on Market 53
Median Days on Market 35
Price Decreased 47%
Price Increased 1%
Relisted 5%
Inventory 95
Median Rent
Market Action 53
Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,050,000 2,130 0.25 - 0.5 acre 4 3 49 1 5 35
$854,500 1,732 8,000 - 10,000 sqft 4 2 59 1 4 52
$770,000 1,306 6,500 - 8,000 sqft 3 2 64 4 5 35
$675,000 1,194 4,500 - 6,500 sqft 3 2 68 4 5 21