RE/MAX Accord's Market Report

Concord, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Concord, CA

Thu Nov 14 2019
This week the median list price for Concord, CA is $651,100 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has held steady at or around 117. 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

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

Thu Nov 14 2019
This week the median list price for Concord, CA is $651,100 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has held steady at or around 117. 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

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 $651,100
Per Square Foot $403
Days on Market 61
Price Decreased 34%
Price Increased 6%
Relisted 8%
Inventory 117
Median Rent $2,700
Most Expensive $2,599,000
Least Expensive $89,950
Market Action 60
Strong Seller's Market

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
$895,000 2,451 8,000 - 10,000 sqft 4 3 45 3 7 100
$699,000 1,712 8,000 - 10,000 sqft 4 2 56 7 5 36
$599,000 1,427 6,500 - 8,000 sqft 3 2 63 5 12 43
$457,500 1,057 4,500 - 6,500 sqft 2 2 66 6 5 64