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Market Pulse

Concord market insights

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

Monthly market wrap

MONTHLY MARKET WRAPConcordSingle-family homes · May 2026Concord held steady in May: the keymarket signals were mixed.Median sale price$863K▲ +6.5% vs AprTime to pending15d▲ 6 days slower vs AprSold over asking50%▼ -14 pts vs AprActive listings119▼ -2.5% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGConcordSingle-family homes · May 2026Most Concord SFHs are still selling overasking (50%). Price to invitecompetition.101.0%average sale price vs. asking priceSold over asking50%vs. a year ago+1 pts102.3%101.4%100.5%Sold at asking price101.0%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPConcordSingle-family homes · May 2026The typical Concord SFH closes +1.0%above its asking price.+$88Kmedian sale price minus asking priceMedian asking price$775KMedian sale price$863K$850K$783K$715KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEConcordSingle-family homes · May 2026Concord SFH values edged up +4.5% yearover year.$863Kmedian sale priceYear over year+4.5%Homes sold last month76$859K$772K$684K$863KJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLConcordSingle-family homes · May 2026The typical Concord SFH goes pending in15 days.15 daysmedian time to pendingGone within two weeks37%vs. a year agounchanged33d22d11d15dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSConcordSingle-family homes · May 2026Concord inventory is down 9.2% year overyear, a steadier supply picture forSFHs.119active listingsYear over year-9.2%Months of supply1.61279766119Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSConcordSingle-family homes · May 20261 in 4 Concord listings cut its askingprice last month, down 4 pts from a yearago.28%of active listings cut their asking pricevs. a year ago-4 ptsActive listings11934%26%18%28%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETConcordSingle-family homes · May 2026Concord moves at two speeds: 37% of SFHswere gone inside two weeks while therest sat longer.37%of listings went pending within two weeksMedian time to pending15 daysvs. a year ago-10 pts51%40%28%Half of listings37%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYConcordSingle-family homes · May 2026December is historically Concord'scalmest month for buyers: 3.2 pts lessover-asking than April.Decemberhistorically the calmest month for buyersBuyer's edge vs April-3.2 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 PRICEConcordSingle-family homes · May 2026A Concord SFH bought in 2016 has gained+54% in value since.+54%median sale price growth since 2016Median price in 2016$559KAverage gain per year+4.4%$796K$701K$607K$863KMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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