Danielle Cranston's Market Update

Concord, CA

Single-Family Homes

925-451-6338



Concord, CA

Tue Nov 24 2020
This week the median list price for Concord, CA is $690,000 with the market action index hovering around 90. This is an increase over last month's market action index of 89. Inventory has held steady at or around 77. 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

Tue Nov 24 2020
This week the median list price for Concord, CA is $690,000 with the market action index hovering around 90. This is an increase over last month's market action index of 89. Inventory has held steady at or around 77. 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 $690,000
Per Square Foot $405
Days on Market 38
Price Decreased 17%
Price Increased 5%
Relisted 9%
Inventory 77
Median Rent $3,000
Most Expensive $1,380,233
Least Expensive $139,000
Market Action 90
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
$959,000 2,650 8,000 - 10,000 sqft 4 3 20 6 5 48
$740,000 1,867 6,500 - 8,000 sqft 4 2 55 11 7 21
$660,000 1,422 6,500 - 8,000 sqft 3 2 65 5 12 40
$517,500 1,184 4,500 - 6,500 sqft 3 2 54 5 6 40