Average vs. Median: What’s Happening in the Concord, MA UAG & CTG Market?

Bob Wiltse, REALTOR®

June 6, 2025

What’s Happening in Concord’s UAG & CTG Market?

Avg List Price: $2,057,775

Med List Price: $1,650,000

(Large or luxury homes skew the “average” upward; half of the listings are $1.65M or below.)

Avg $ / SqFt: $533

Med $ / SqFt: $495

(Again, a few high-$/SF properties lift the average above the midpoint.)

Avg Size: 3,846 SF

Med Size: 3,461 SF

(Most active CTG/UAG homes cluster around 3,400 SF; larger estates increase the overall average.)

Avg Days to Offer (DTO): 21.9 days

Med DTO: 7 days

(“Median DTO of just one week shows most homes receive an acceptable offer quickly, but some linger and push the average out.)

Avg Days on Market (DOM): 31.4 days

Med DOM: 19 days

(Half of the homes go UAG/CTG in under three weeks; slower-moving homes lengthen the average.)

What Do These Statuses Mean in Massachusetts?

 • Contingent (CTG): The seller has accepted an offer, but the sale is still subject to one or more contingencies, often an inspection, financing approval, or the buyer’s existing home sale. The listing may remain “active” or “showable” until those conditions clear.

• Under Agreement (UAG): All contingencies have cleared, and a binding purchase and sale agreement is in place. This status signals that the home is effectively on its way to closing, often labeled “Pending” in other markets.

By comparing averages and medians, you can see how a few outliers impact the “average” picture, while the “median” shows where most buyers and sellers sit. Knowing how CTG and UAG differ helps set realistic expectations for timing and next steps.