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Concord MA Real Estate Update: September 2010

By Betsy Purcell

Real Estate Agent with Keller Williams Realty Boston North West MA-9081217

October 14, 2010 02:15 AM

Concord, MA has seen 119 single family home sales, January through the end of September 2010. This compares favorably with 98 home sales in Concord MA by the same date in 2009.

The average list price for these homes sold in Concord is $921,674 and average sale price $877,851, or 95.2% of asking price. The average days on the market for these homes was 105.83 days.

September 2010: Number of home sales in Concord MA: 11

Average list price: $870,345

Average sold price: $840,273, or 96.5% of list price

Average days on the market: 93.2

September 2009: Number of homes sold: 12

Average list price: $959,192

Average sold price: $904,500, or 94.3% of list price

Average days on the market: 164

This is quite a significant change. The average sale price of homes sold in Concord MA dropped by over $64,000, or approximately 7% in one year. The days on the market also dropped significantly from 164 to 93.

Currently there are 142 single family homes in Concord, MA listed in the MLS for sale. The average list price is $1,315,135 and the average market time is 144 days.

If you're looking at the high end of the market, there are 54 homes listed at over $1,000,000 with an average in this price range of $2,444,037 The average list time for this group is 192 days so far. Homes listed under 1,000,000 are on for an average of 114 days.