Current 8/14/2018: As in most places, there are fewer homes for sale in Concord than last year. There are 65 single-family homes for sale compared with 84 last year. Current prices in Concord range from $525,000 to $12,500,000. The median price is $1,598,000; up 14.84% from last year. However, there are some luxury properties have been on the market for more than 6 months and home-sellers may be ready to negotiate. See homes for sale in Concord.
Condominiums: There are currently 16 condominiums for sale in Concord with prices ranging from $469,900 to $1,739,000. The median list price is $849,000. Condominium styles in Concord include one and two-bedroom apartments in mid-rise and high-rise buildings, townhouses, single-family homes, duplex, and new construction including the luxury attached and detached homes at Black Birch for active adults/55+.
New Construction: whether you are planning to purchase a single-family house or a condominium in a development, you are entitled to have your own buyer agent/broker to work on your behalf when buying new construction, however, your agent must be with you the first time you visit the site. Even if you are only looking for information, ask your agent to go with you. The on-site agents are very gracious and helpful, but it is important to remember that their job is do work in the builder’s best interest, not yours! Here are a couple of articles about condo living and buying new construction.
Pending Sales: There are currently 40 single-family homes and 7 condominiums with sales pending in Concord. There are also 6 single-family homes and one condominium in Concord that have accepted offers and are still being shown for backup.
Year-to-date: There have been 136 single-family closed sales in Concord through 7-31 in 2018; up 33.33% from last year. The median sale price of $1,067,000 was 2.73% less than the median sale price last year. Click here to see the full report for Concord.
Your home’s value: while statistics are helpful, the real estate market changes every day and the price your neighbor’s house sold last year may not be what buyers are willing to pay today. Even with fewer homes for sale pricing matters; there were 53 price reductions through 7-31 in Concord. Positioning your property correctly for the current market is key to getting the highest price in the shortest amount of time. Low inventory makes this an excellent time to put your house on the market and capitalize on the pent-up demand. Contact me to talk about how to best position and market your house for the highest price in the least amount of time.
View all of the houses for sale in Concord or call 508-596-3501 for additional information about buying and selling houses in Concord and the towns west of Boston.
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