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Market Pulse

Concord market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPConcordCondos · May 2026The Concord market tilted hotter in May:most key signals moved the seller's way.Median sale price$325K+1.6% vs AprTime to pending20d1 day faster vs AprSold over asking18%-36 pts vs AprActive listings52-5.5% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGConcordCondos · May 2026Only 18% of Concord condos sold overasking, so buyers have room tonegotiate.98.2%average sale price vs. asking priceSold over asking18%vs. a year ago-4 pts100.8%99.1%97.4%Sold at asking price98.2%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPConcordCondos · May 2026Concord condos are closing +1.8% belowasking. The list price has become astarting point.-$450Kmedian sale price minus asking priceMedian asking price$775KMedian sale price$325K$689K$535K$381KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEConcordCondos · May 2026Concord condo values dipped -9.6% from ayear ago.$325Kmedian sale priceYear over year-9.6%Homes sold last month11$388K$351K$315K$325KJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLConcordCondos · May 2026The typical Concord condo goes pendingin 20 days, 25 days faster than lastyear.20 daysmedian time to pendingGone within two weeks24%vs. a year ago25 days faster77d51d26d20dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSConcordCondos · May 2026Concord inventory is down 28.8% yearover year, keeping buyer choice tight.52active listingsYear over year-28.8%Months of supply4.766544252Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSConcordCondos · May 20261 in 2 Concord listings cut its askingprice last month, up 12 pts from a yearago.42%of active listings cut their asking pricevs. a year ago+12 ptsActive listings5236%30%23%42%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETConcordCondos · May 2026Only 24% of Concord condos went pendingwithin two weeks. Most listings aretaking their time.24%of listings went pending within two weeksMedian time to pending20 daysvs. a year ago+4 pts43%30%17%Half of listings24%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYConcordCondos · May 2026December is historically Concord'scalmest month for buyers: 2.3 pts lessover-asking than June.Decemberhistorically the calmest month for buyersBuyer's edge vs June-2.3 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-1.1 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 PRICEConcordCondos · May 2026Concord condo values are up +21% overthe past 10 years.+21%median sale price growth since 2016Median price in 2016$270KAverage gain per year+1.9%$370K$323K$276K$325KMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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