RE/MAX Accord's Market Report

Concord, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Concord, CA

Wed Aug 12 2020
This week the median list price for Concord, CA is $667,500 with the market action index hovering around 79. This is an increase over last month's market action index of 71. Inventory has held steady at or around 74. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Concord, CA

Wed Aug 12 2020
This week the median list price for Concord, CA is $667,500 with the market action index hovering around 79. This is an increase over last month's market action index of 71. Inventory has held steady at or around 74. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Concord market.
Median List Price $667,500
Per Square Foot $420
Days on Market 54
Price Decreased 23%
Price Increased 8%
Relisted 12%
Inventory 74
Median Rent $3,425
Most Expensive $1,600,000
Least Expensive $179,900
Market Action 79
Strong Seller's Market

The market appears to be 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
$1,092,500 3,013 0.25 - 0.5 acre 4 3 19 6 0 43
$759,000 1,938 8,000 - 10,000 sqft 4 2 57 4 8 64
$630,000 1,325 6,500 - 8,000 sqft 3 2 64 10 5 30
$499,000 1,034 4,500 - 6,500 sqft 3 2 65 10 7 77