Concord Annual Real Estate Trends

Concord
(Single Family Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $330,500 $314,000 1,249 45 100.7%      
2013 $441,784 $425,000 1,007 23 102.8% 33.7% 35.4% -19.4%
2014 $488,258 $460,000 940 29 101.0% 10.5% 8.2% -6.7%
2015 $533,089 $514,900 1,107 25 101.2% 9.2% 11.9% 17.8%
2016 $572,606 $550,000 1,166 27 101.0% 7.4% 6.8% 5.3%
2017 $614,186 $585,000 1,173 23 101.8% 7.3% 6.4% 0.6%
2018 $650,606 $630,000 1,112 24 101.3% 5.9% 7.7% -5.2%
2019 $656,524 $635,000 1,133 25 101.0% 0.9% 0.8% 1.9%
2020 $725,629 $700,000 1,014 18 102.7% 10.5% 10.2% -10.5%
2021 $850,796 $810,000 1,241 13 107.3% 17.2% 15.7% 22.4%
2022 $910,960 $850,000 865 17 106.2% 7.1% 4.9% -30.3%
2023 $851,564 $813,340 715 21 102.3% -6.5% -4.3% -17.3%
2024 $884,335 $830,000 754 23 102.4% 3.8% 2.0% 5.5%
Concord
(Condos/Town Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $112,990 $105,000 425 36 103.6%      
2013 $184,474 $175,500 252 24 106.1% 63.3% 67.1% -40.7%
2014 $231,162 $223,000 261 27 100.5% 25.3% 27.1% 3.6%
2015 $259,806 $250,000 335 27 102.1% 12.4% 12.1% 28.4%
2016 $273,875 $261,000 344 23 102.0% 5.4% 4.4% 2.7%
2017 $318,819 $310,000 365 17 103.2% 16.4% 18.8% 6.1%
2018 $352,921 $340,000 357 19 102.8% 10.7% 9.7% -2.2%
2019 $351,798 $341,000 349 32 100.3% -0.3% 0.3% -2.2%
2020 $365,011 $352,750 292 23 100.9% 3.8% 3.4% -16.3%
2021 $428,548 $400,000 426 17 104.1% 17.4% 13.4% 45.9%
2022 $440,573 $420,000 297 19 103.4% 2.8% 5.0% -30.3%
2023 $445,358 $428,000 238 27 101.3% 1.1% 1.9% -19.9%
2024 $442,753 $419,000 254 39 99.5% -0.6% -2.1% 6.7%


DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.