Is Concord, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Concord has remained a Seller's Market.
Key Takeaway
Concord is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Concord, CA
How much do homes in Concord, CA cost?
Median Sold Price
$765,016
$505/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Concord have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Concord was $765,016 in June 2024, up 3.9% from last year, and the median price per square foot was $505.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $303.5K | $305K | 0.5% |
| 2 Bedrooms | $425K | $436K | +2.6% |
| 3 Bedrooms | $736.8K | $760K | +3.1% |
| 4 Bedrooms | $875K | $909.7K | +4.0% |
| 5+ Bedrooms | $1.1M | $1.1M | -6.0% |
Summary: Concord housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
| Pleasant Hill | $950K | $1.0M | +6.3% |
| Clayton | $1.0M | $1.1M | +4.8% |
| Concord | $736.3K | $765K | +3.9% |
| Walnut Creek | $842.7K | $875.4K | +3.9% |
| Central Contra Costa | $972.2K | $1.0M | +3.0% |
Housing Supply in Concord, CA
How many homes are available in Concord, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 323 | 307 | -5.0% |
Summary: The Concord real estate market had 307 homes for sale in June 2024, a 5.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 13 | -27.8% |
| 2 Bedrooms | 69 | 62 | -10.1% |
| 3 Bedrooms | 122 | 121 | -0.8% |
| 4 Bedrooms | 99 | 89 | -10.1% |
| 5+ Bedrooms | 15 | 22 | +46.7% |
Summary: The Concord housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.8%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 46.7%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 116 | 97 | -16.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Concord, you could pay more than the asking price. 63% of homes here sold above asking price last month.
Summary: A total of 97 homes were sold or pending in Concord in June 2024, down by 16.4% month-over-month. Of the 92 sold homes, 24% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Concord, CA
How long does it take to sell a home in Concord, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 16 Days | 21 Days | +26.4% |
Summary: Homes in Concord had an average of 21 days on market in Jun 2024, up by 26.4% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Concord are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 97 homes were sold in Concord; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.