Real estate market report for detached homes in Concord, California

Active Listings
Number of Active Listings = 213, of which 60 are short sales and 40 are bank-owned
The highest list price is $1,295,000
The average list price is $383,091 and the median*list price is $349,950
The lowest list price is $136,900
In Contract and Pending
There are 283 homes pending, of which 174 are short-sales and 40 is bank-owned. The sold price is not disclosed until the transactions close.
Closed Concord home sales for the recent month:
Number of closed sales = 69, of which 14 are short-sales and 18 are bank-owned
The highest closed price is $805,000
The average closed price is $345,931 and the median* closed price is $335,000
The lowest closed price is $185,000
Concord detached homes by quartile:
The top 25% (first quartile) averages of 2308 s.f., 4 bedrooms, 2.5 baths and a 8,000-10,000 s.f. lot with a median price of $549,900.
The second 25% (second quartile) averages 1734 s.f., 4 bedrooms, 2 baths and a 6,500-8,000 s.f. lot with a median price of $389.500.
The third 25% (third quartile) averages 1293 s.f., 3 bedrooms, 2 baths and a 6,500-8,000 s.f. lot with a median price of $306,600.
The fourth 25% (fourth quartile) averages 1108 s.f., 3 bedrooms, 1.5 baths and a 6,500-8,000 s.f. lot with a median price of $218,000.
*Median price is the mid-point of the market where half of the homes are above this point and half are below.
Real estate market report for condos/townhomes in Concord, California
Active Listings
Number of Active Listings = 108, of which 66 are short sales and 27 are bank-owned
The highest list price is $376,000
The average list price is $130,501 and the median*list price is $107,285
The lowest list price is $49,000
In Contract and Pending
There are 146 homes pending, of which 93 are short-sales and 32 are bank-owned. The sold price is not disclosed until the transactions close.
Closed Concord condo/townhome sales for the recent month:
Number of closed sales = 35, of which 6 are short-sales and 17 is bank-owned.
The highest closed price is $350,000
The average closed price is $131,977 and the median* closed price is $107,500
The lowest closed price is $47,000
Concord condo/townhomes by quartile:
The top 25% (first quartile) averages of 1230 s.f., 2.5 bedrooms, 2 baths with a median price of $196,950.
The second 25% (second quartile) averages 973 s.f., 2 bedrooms, 1.5 baths with a median price of $125,000.
The third 25% (third quartile) averages 874 s.f., 2 bedrooms, 1 bath with a median price of $99,000.
The fourth 25% (fourth quartile) averages 695 s.f., 1 bedroom, 1 bath with a median price of $69,950.
For additional details, please visit my interactive real estate trend chart for Concord, California.

Wendy Cutrufelli
Broker Associate
925.917.1135
The positions on this site are my own and don't necessarily represent Alain Pinel Realtors' positions, strategies or opinions.

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