Concord’s median sale price has remained very consistent throughout the past year. We are seeing a slight uptick but nothing drastic. Year over year the median price is up by 7%, from $430,000 in May 2013 to $460,000 in May 2014. Again, nothing drastic but any increase is great news for Concord’s real estate market. We have seen the largest spikes in the last two months but otherwise it’ remained pretty steady. And like many other Bay Area cities, the number of properties sold is down. That is in relation to the inventory levels. The decrease isn’t anything significant, down roughly 7% year over year. And the inventory levels are beginning to rise, slowly but surely. Year over year the number of new properties is up 2%, from 140 in May 2013 to 143 in May 2014. Since January though, the inventory has been on a steady climb in Concord. It will be interesting to see what next month will bring.
Concord Community Event
Dad Day in the Plaza
Todos Santos Plaza
JUNE 15, 11 a.m. - conclusion
Celebrate heroes as we salute dads and join local fire departments in a Chili Cook off! Then put out that fire and enjoy great music live on the Plaza stage. Also, checkout PUSH With Dan Ashley, classic rock with original roll (rockwithpush.com) and the Father's Day Karaoke Contest with Timmer2Karaoke.
Comments (0)Subscribe to CommentsComment