Is Concord, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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, NH
How much do homes in Concord, NH cost?
Median Sold Price
$360,000
$245/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Concord have sold for 0.7% less than they did a month ago.
Summary: The median home sold price in Concord was $360,000 in March 2024, down 0.7% from last month, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $327K | N/A |
| 2 Bedrooms | $297K | $268K | -9.8% |
| 3 Bedrooms | $315K | $416K | +32.1% |
| 4 Bedrooms | $530K | $425K | -19.8% |
| 5+ Bedrooms | $820K | - | N/A |
Summary: Concord housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 32.1%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pembroke | $375K | $570K | +52.0% |
| Concord | $362.5K | $360K | -0.7% |
| Contoocook | $892.5K | $865K | -3.1% |
Housing Supply in Concord, NH
How many homes are available in Concord, NH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 52 | +4.0% |
Summary: The Concord real estate market had 52 homes for sale in March 2024, a 4.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 18 | 23 | +27.8% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Concord housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 23 | +53.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Concord, you could pay more than the asking price. 69.6% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Concord in March 2024, up by 53.3% month-over-month. Of the 23 sold homes, 9% were sold under asking, 22% were sold at asking, and 70% were sold over asking.
Days on Market for Concord, NH
How long does it take to sell a home in Concord, NH?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Concord are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in Concord; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is 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.