Homes Selling Fast and Strong: Concord’s Under-$3M Market Proves Resilient in July, 2025

Bob Wiltse, REALTOR®

July 30, 2025

If you're considering buying or selling a home in Concord, Massachusetts, the latest data offers a compelling look at market momentum. For single-family homes priced at $3 million or less and sold since June 30, 2025, the numbers paint a picture of a confident and efficient market. With low Days on Market (DOM), quick Days to Offer (DTO), and a solid Sale-to-List Price (SP:LP) ratio, Concord continues to show strength and competitiveness, especially for well-priced properties.

Sold! A reason to celebrate!

Market Insights:

 A total of 18 single-family homes under $3 million sold in Concord over the past month, with an average sale price of $1,598,056. Here's what stands out:

• Average Days on Market (DOM): 28

 Homes in this price category aren't lingering. With an average DOM of just 4 weeks, Concord homes are moving at a healthy pace, suggesting high buyer motivation and efficient sales preparation.

• Average Days to Offer (DTO): 17

 Even more striking, homes are receiving accepted offers in just over two weeks. This speaks to strong initial pricing strategies and eager buyer interest. Several properties, particularly in the $1.5M–$2M range, received offers in under two weeks, highlighting continued demand in this sweet spot.

• Sale-to-List Price Ratio (SP:LP): 101%

 Sellers are consistently achieving or even exceeding their asking prices. Notably, homes in the $1.5M–$1.99M range averaged a 106% SP:LP ratio, indicating multiple-offer situations and buyers willing to stretch slightly above list price for the right home.

These indicators point to a seller-leaning market, especially in the mid-to-upper range of Concord's mainstream residential inventory. Well-maintained, appropriately priced homes are attracting quick offers, sometimes above asking, reflecting ongoing low inventory and strong buyer demand even in the traditionally slower summer season.

Conclusion:

 The Concord real estate market under $3 million remains remarkably active, with quick offer timelines and strong pricing performance. For sellers, this is a great moment to take advantage of buyer urgency, especially if your property is in move-in-ready condition.

For buyers, it underscores the need to act fast and come prepared. If you're curious about how your property might perform in today's Concord market, let's talk. Now's the time to strategize and act.