Inventory in Concord has shifted noticeably in this rolling three-month view. Active listings are down about 16% from a year ago, even though they have risen since early spring. At the same time, homes sold and pending sales have both fallen more than 20% year over year, pointing to softer overall activity and fewer deals coming together.
Pricing has held firm despite the slower pace. The typical home value over the latest three months is up roughly 9% compared with a year ago, while the median list price is also higher than last year. Homes are taking much longer to sell than a year ago, with median days on market jumping from around two weeks last June to nearly a month this year.
Conditions show a less overheated seller’s market than in prior years, but sellers still have an edge. Months of supply has roughly doubled from last year, yet it remains under three months, and only about one in three sales is closing above the list price compared with more than half a year ago. The average sale-to-list ratio is now essentially at 100%, suggesting buyers have a bit more room to negotiate while sellers still achieve close to their asking prices. To navigate these mixed signals, both buyers and sellers can benefit from using Agent Pronto to connect with an experienced Concord real estate agent who knows this market well.
