Marilyn Messenger's Market Report

Concord, MA 01742

Single-Family Homes

www.MarilynMessenger.com | marilynmessenger@realtor.com | 1-508-596-3501



Concord, MA 01742

Wed Jul 17 2019
This week the median list price for Concord, MA 01742 is $1,699,450 with the market action index hovering around 26. This is an increase over last month's market action index of 24. Inventory has held steady at or around 96. 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

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Concord, MA 01742

Wed Jul 17 2019
This week the median list price for Concord, MA 01742 is $1,699,450 with the market action index hovering around 26. This is an increase over last month's market action index of 24. Inventory has held steady at or around 96. 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

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Concord market.
Median List Price $1,699,450
Per Square Foot $396
Days on Market 111
Price Decreased 46%
Price Increased 2%
Relisted 7%
Inventory 96
Median House Rent $2,100
Most Expensive $12,500,000
Least Expensive $485,900
Market Action Index
Slight Buyer's Advantage
26

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$3,691,500 7,752 2.5 - 5 acres 6 5 17 0 1 181
$2,089,000 4,834 1 - 2.5 acres 5 4 22 0 0 130
$1,480,000 3,709 1 - 2.5 acres 4 3 35 2 2 53
$784,450 2,309 0.5 - 1 acre 4 2 55 2 3 79