Is Concord, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Concord has remained a Seller's Market.
Housing Prices in Concord, CA
How much do homes in Concord, CA cost?
Median Sold Price
$763,295
$504/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Concord was $763,295 in April 2024, up 2.5% from last year, and the median price per square foot was $504.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $302.5K | $307K | +1.5% |
2 Bedrooms | $425K | $442K | +4.0% |
3 Bedrooms | $750K | $760K | +1.3% |
4 Bedrooms | $895.7K | $899.5K | 0.4% |
5+ Bedrooms | $1.1M | $1.1M | -2.4% |
Summary: Concord housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Cities
Walnut Creek | $832.8K | $874.2K | +5.0% |
Concord | $745K | $763.2K | +2.5% |
Clayton | $1.0M | $1.0M | +2.5% |
Pleasant Hill | $971.6K | $980K | +0.9% |
Central Contra Costa | $991.9K | $983.3K | -0.9% |
Housing Supply in Concord, CA
How many homes are available in Concord, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
223 | 277 | +24.2% |
Summary: The Concord real estate market had 277 homes for sale in April 2024, a 24.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 17 | +41.7% |
2 Bedrooms | 53 | 62 | +17.0% |
3 Bedrooms | 86 | 104 | +20.9% |
4 Bedrooms | 51 | 77 | +51.0% |
5+ Bedrooms | 21 | 17 | -19.0% |
Summary: The Concord housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 41.7%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 51%, and 5+ bedroom homes decreased by 19%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 82 | +10.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 82 homes were sold or pending in Concord in April 2024, up by 10.8% month-over-month. Of the 77 sold homes, 14% were sold under asking, 18% were sold at asking, and 68% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 16 Days | +1.0% |
Summary: Homes in Concord had an average of 16 days on market in Apr 2024, up by 1% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 82 homes were sold in Concord; 79% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.