Concord Real Estate Update - July
By Valerie Crowell, Broker Associate
Concord real estate has remained very steady throughout the last year. The median sale price has increased slightly year over year by 4%, from $431,000 to $450,000. Over the last month, from May to June, the median sale price has remained the exact same, no increase or decrease. The number of properties sold in Concord, year over year has also increased by 4%, from 97 to 101. Not a large increase but a positive change. Also, the number of properties under contract by month has increased by 5%, from 99 to 104. Another small increase but an increase at that. And interestingly enough, the average number of days a home stays on the market is up 51%. Over the last several months this number has consistently been decreasing, likely because of the low inventory levels. This month has been p...