Concord, MA Real Estate Trends (June 2025 vs 2024): Homes Take Longer to Sell, But Prices Surge
- Bob Wiltse
- Jun 26, 2025
- 2 min read
Updated: Jan 7
Bob Wiltse, REALTOR®
June 26, 2025
The Concord, MA, real estate market continues to show dynamic shifts as we move through 2025. By looking at the year-over-year data (2025 vs 2024) for single-family homes, we can better understand how the market has changed and what that might mean for homeowners, buyers, and sellers in our community.
Here’s a detailed breakdown of the key trends:
Closed Units (Sold)
2024: 77 homes
2025: 80 homes
Change: +3 homes (+3.9%)
Trend: Up. The number of homes sold has increased modestly, signaling a slightly more active market than last year.
Average Days on Market (DOM)
2024: 35 days
2025: 48 days
Change: +13 days (+37.1%)
Trend: Up. Homes are taking longer to go Under Agreement this year. It might be because buyers are not waiving contingencies (i.e., home inspections) as they did in the recent past, financing hit stumbling blocks, or some other negotiation caused a delay.
Average Days to Offer (DTO)
2024: 23 days
2025: 35 days
Change: +12 days (+52.2%)
Trend: Up. It’s taking more time for sellers to receive offers. This reflects a shift toward a more balanced market, where buyers may feel less pressure to act quickly. Buyers are becoming more selective.
Average Sale Price
2024: $1,763,030
2025: $2,170,534
Change: +$407,504 (+23.1%)
Trend: Up. Despite longer market times, sale prices have risen significantly. Well-prepared, well-priced homes are still commanding strong values. Also, a couple more homes in the high seven-figure price range sold, driving the average up.
Average List Price
2024: $1,744,177
2025: $2,178,401
Change: +$434,224 (+24.9%)
Trend: Up. List prices have climbed, showing sellers are pricing homes more ambitiously this year. Again, some of the change reflects homes priced in the high seven-figure range.
Average Original List Price
2024: $1,763,171
2025: $2,217,841
Change: +$454,670 (+25.8%)
Trend: Up. The original asking prices are higher, indicating continued confidence in the market’s ability to support premium pricing.
Average Sale Price as % of List Price
2024: 101.1%
2025: 99.6%
Change: -1.5%
Trend: Down. On average, homes are now selling for just under the list price. Buyers are negotiating more successfully than last year, or homes were slightly overpriced for the market.
Average Sale Price as % of Original List Price
2024: 100.1%
2025: 98.1%
Change: -2.0%
Trend: Down. Homes are selling at slightly larger discounts this year. This points to the importance of accurate initial pricing.
Key Takeaways
Homes are taking longer to sell, but prices are still rising.
Buyers are negotiating a bit more compared to last year.
Sellers need to balance pricing and preparation carefully to achieve top dollar.
What Does This Mean for You?
If you’re thinking about buying or selling in Concord, it’s critical to understand how these market dynamics could affect your next move. I’d love to help you interpret this data related to your home or goals.
📞 Contact me today for a complimentary market analysis and a conversation about how you can take advantage of today’s conditions.
Comments