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Market Pulse

Concord market insights

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

Monthly market wrap

MONTHLY MARKET WRAPConcordTownhouses · May 2026The Concord market tilted hotter in May:most key signals moved the seller's way.Median sale price$480K+2.1% vs AprTime to pending30d11 days slower vs AprSold over asking50%+0 pts vs AprActive listings29+0.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGConcordTownhouses · May 2026Most Concord townhouses are stillselling over asking (50%). Price toinvite competition.101.5%average sale price vs. asking priceSold over asking50%vs. a year ago-6 pts101.3%100.2%99.0%Sold at asking price101.5%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPConcordTownhouses · May 2026The typical Concord townhouse closes+1.5% above its asking price.-$295Kmedian sale price minus asking priceMedian asking price$775KMedian sale price$480K$709K$592K$475KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEConcordTownhouses · May 2026Concord townhouse values dipped -6.8%from a year ago.$480Kmedian sale priceYear over year-6.8%Homes sold last month10$553K$490K$428K$480KJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLConcordTownhouses · May 2026The typical Concord townhouse goespending in 30 days, 8 days slower thanlast year.30 daysmedian time to pendingGone within two weeks25%vs. a year ago8 days slower48d32d16d30dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSConcordTownhouses · May 2026Concord inventory is up 314.3% year overyear, so sellers have more competition.29active listingsYear over year+314.3%Months of supply2.925181129Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSConcordTownhouses · May 20261 in 2 Concord listings cut its askingprice last month.45%of active listings cut their asking pricevs. a year ago+2 ptsActive listings2937%28%18%45%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETConcordTownhouses · May 2026Only 25% of Concord townhouses wentpending within two weeks. Most listingsare taking their time.25%of listings went pending within two weeksMedian time to pending30 daysvs. a year ago-20 pts52%34%17%Half of listings25%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYConcordTownhouses · May 2026December is historically Concord'scalmest month for buyers: 3.6 pts lessover-asking than May.Decemberhistorically the calmest month for buyersBuyer's edge vs May-3.6 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-1.7 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 PRICEConcordTownhouses · May 2026Concord townhouse values are up +23%over the past 10 years.+23%median sale price growth since 2016Median price in 2016$390KAverage gain per year+2.1%$509K$449K$388K$480KMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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