Our weekly market report shows that total inventory of homes listed for sale continues to go down for CONCORD, CA and so does the average days on market. This week the median list price is $319,450 which is up from last week. The 76 properties have been on the market for an average of 70 days. These trends generally indicate potential for increasing investor confidence, and increased investing in anticipation of future price increases.
Inventory is tightening and days-on-market is falling, indicating that demand is heating up in Concord. Following the Market Action Index or MAI in our market report will provide key insight for when it is ideal to buy or sell your home. MAI answers the question “How’s the market?” If you would like to proactively know about the market we can email you our full market report similar to the example found to the right of this article.
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