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Market Pulse

Concord market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPConcordAll home types · May 2026Concord held steady in May: the keymarket signals were mixed.Median sale price$809K▲ +6.1% vs AprTime to pending18d▲ 6 days slower vs AprSold over asking46%▼ -15 pts vs AprActive listings209▼ -2.8% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGConcordAll home types · May 202646% of Concord homes sold over asking,so pricing right matters more than ever.100.7%average sale price vs. asking priceSold over asking46%vs. a year ago+2 pts101.9%101.0%100.1%Sold at asking price100.7%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPConcordAll home types · May 2026The typical Concord home closes +0.7%above its asking price.+$34Kmedian sale price minus asking priceMedian asking price$775KMedian sale price$809K$785K$743K$701KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEConcordAll home types · May 2026Concord home values edged up +4.4% yearover year.$809Kmedian sale priceYear over year+4.4%Homes sold last month98$784K$705K$625K$809KJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLConcordAll home types · May 2026The typical Concord home goes pending in18 days.18 daysmedian time to pendingGone within two weeks34%vs. a year agounchanged33d22d11d18dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSConcordAll home types · May 2026Concord inventory is down 1.9% year overyear, a steadier supply picture forhomes.209active listingsYear over year-1.9%Months of supply2.1199162124209Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSConcordAll home types · May 20261 in 3 Concord listings cut its askingprice last month.33%of active listings cut their asking pricevs. a year ago+2 ptsActive listings20933%28%23%33%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETConcordAll home types · May 2026Only 34% of Concord homes went pendingwithin two weeks. Most listings aretaking their time.34%of listings went pending within two weeksMedian time to pending18 daysvs. a year ago-7 pts47%37%27%Half of listings34%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYConcordAll home types · May 2026December is historically Concord'scalmest month for buyers: 2.9 pts lessover-asking than April.Decemberhistorically the calmest month for buyersBuyer's edge vs April-2.9 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-1.4 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEConcordAll home types · May 2026A Concord home bought in 2016 has gained+57% in value since.+57%median sale price growth since 2016Median price in 2016$515KAverage gain per year+4.6%$725K$640K$555K$809KMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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