October Closed Sales: There were fewer closed sales of single-family homes in Concord in October 2018 than during the previous October; 11 compared with 14. And, as in most towns in the area west of Boston, the median and average price were both higher. The median sale price was $969,790; the average was $1,416,163.
Current 11/05/2018: There are 68 single-family homes for sale in Concord, a 15% drop from last year. List prices for these properties range from $489,000 to $12,500,000. The median list price is $1,450,000. Although there are fewer homes for sale in Concord, many of the higher-priced luxury homes have been on the the market for more than six months and sellers are willing to negotiate - November and December are a good time to find your dream home! See homes for sale in Concord.
Condominiums: There are currently 17 condominiums for sale in Concord with prices ranging from $394,000 to $1,595,,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 11/13/2018: There are currently 29 single-family homes and 7 condominiums with sales pending in Concord. There are also 2 single-family homes in Concord that have accepted offers and are still being shown for backup.
Year-to-date: There have been 195 single-family closed sales in Concord through 11-5-2018; up 20.37% from last year. The median sale price of $1,080,000 is 2.85% higher 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 96 price reductions during the 12 months ending 11-5 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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