Current Real Estate Trends in Concord CA
The Concord, CA housing market continues to capture attention as buyers and sellers adapt to shifting trends. As of June 2025, the median home price sits at $768,000, reflecting a 2.9% decrease year-over-year. Homes now spend an average of 20 days on the market, compared to 17 days last year. While sales volume has slowed slightly, competitive bidding remains strong, with many properties selling for about 1% above list price. Let’s explore the latest insights shaping real estate in Concord, CA.
Must-Read Alert: While you're here, you might want to check out best luxury homes in Concord, CA, which showcase some of the area’s most sought-after properties.
Key Takeaways
- Median home price in Concord, CA is $768,000, a 2.9% dip from last year.
- Homes average 20 days on the market, up from 17 last year.
- In June, 87 homes sold, compared to 100 during the same month last year.
- Properties often sell 1% above list price, with hot homes reaching 3% above.
- The average sale-to-list price ratio sits at 100.8%, showing continued buyer demand.
Current Housing Market Trends in Concord, CA
The Concord, CA housing market is evolving with modest price shifts and longer selling timelines. Despite fewer transactions, the market remains competitive. According to Redfin’s Concord housing market report, homes are still selling quickly, especially in desirable neighborhoods.
- Median Price: $768,000 (down 2.9% year-over-year)
- Average Days on Market: 20 (up from 17)
- Homes Sold: 87 (down from 100 last year)
This shows a slightly cooling market, but demand for homes for sale in Concord CA, remains steady.
Market Competitiveness
The real estate in Concord CA is still highly competitive. Redfin data gives Concord a Compete Score of 100, signaling a fast-moving market.
- Homes go pending in about 18 days.
- Hot homes sell in 9 days, often for 3% above list price.
- Multiple offers are still common, especially for well-priced homes.
Even with fewer overall sales, competition among buyers keeps Concord’s market active.
Migration and Relocation Trends
Relocation is also influencing the Concord, CA housing market. While most buyers move locally within the Bay Area, some out-of-state buyers are drawn to Concord. Interest has been especially notable from New York, Dallas, and Rochester, according to recent migration data.
Schools also play a key role in these decisions, with families paying close attention to how Concord schools impact real estate and home values across different neighborhoods.
Sale-to-List Price Trends
Another key metric in the Concord, CA housing market is the sale-to-list ratio:
- Average Ratio: 100.8% (down 1.5 points year-over-year).
- Above List Sales: 52.9% of homes sold above asking.
- Price Drops: 34.9% of homes needed price reductions before selling.
Even with adjustments, buyers continue to pay slightly above list price for many Concord homes.
Climate Impact on Housing
Climate risks are increasingly shaping real estate in Concord CA. According to Climate Central, about 37% of properties in the city face potential flood risk within the next 30 years. More than 6,500 homes could be affected, raising concerns about property values and insurance costs. Rising heat may also drive up energy bills, even though wind-related risks remain low.
For buyers and sellers, these environmental factors are becoming just as critical as pricing and days on market.
Conclusion
The Concord, CA housing market in 2025 reflects both opportunity and change. While home prices have dipped slightly and sales volume has slowed, competition remains strong, with many properties selling above list price.
Whether you’re buying, selling, or simply watching the market, staying updated on real estate in Concord CA, ensures better decisions. With its mix of affordability, competitiveness, and buyer demand, Concord remains one of the Bay Area’s most dynamic housing markets.