RE/MAX Accord's Market Report

Concord, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Concord, CA

Sat Dec 15 2018
This week the median list price for Concord, CA is $634,000 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has held steady at or around 138. Click here to stay informed with the Concord market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Concord, CA

Sat Dec 15 2018
This week the median list price for Concord, CA is $634,000 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has held steady at or around 138. Click here to stay informed with the Concord market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Concord market.
Median List Price $634,000
Per Square Foot $397
Days on Market 49
Price Decreased 45%
Price Increased 6%
Relisted 16%
Inventory 138
Median House Rent $2,800
Most Expensive $3,950,000
Least Expensive $104,950
Market Action Index
Strong Seller's Market
52

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$849,975 2,236 8,000 - 10,000 sqft 4 3 41 7 4 50
$671,500 1,663 6,500 - 8,000 sqft 3 2 56 3 5 60
$590,000 1,401 6,500 - 8,000 sqft 3 2 58 12 9 34
$489,000 1,238 4,500 - 6,500 sqft 3 2 63 7 10 53