Buying a Home in Concord, CA in Spring 2025
Spring is always an exciting time for the real estate market, and 2025 is shaping up to be a great one for buyers in Concord. If you’re thinking about making a move, there are some key trends to keep in mind. Prices are leveling off, inventory is up, and the market is offering more opportunities for buyers to find the right home at the right price. Let’s dive into what’s happening in Concord right now and why this spring could be the perfect time to buy.
Concord Housing Prices & trends
What’s Happening in the Concord Market?
Right now, the market is offering some promising opportunities for buyers. In December 2024, the median sale price for single-family homes was $810,000, a slight 0.31% dip from last year. Home sales have been strong, with 53 homes sold in December—a 10.4% increase from the previous year. While homes are taking a bit longer to sell, averaging 29 days on the market, that extra time can give buyers a little more breathing room to make smart decisions.
Is it a good time to buy a house in Concord, CA? – Spring 2025
- Stable Prices Mean More Negotiation Power – With home prices holding steady, buyers may have a better chance to negotiate favorable deals without feeling rushed.
- More Homes to Choose From – Inventory is increasing, which means more options to find the right home that fits your needs.
- Potentially Lower Interest Rates – Experts predict mortgage rates may start to decline in 2025, so locking in a home now before competition heats up could be a smart move.
- Spring Buying Advantage – Compared to summer, spring typically sees fewer buyers in the market, which means less competition and better opportunities to land a great home.
- Desirable Homes Still Move Quickly – While the market is stabilizing, sought-after homes are still receiving multiple offers. The average home sells for around the list price and goes pending in about 25 days. The most desirable properties can sell for 3% over list price and go pending in as little as 10 days.
Concord, CA Migration & Relocation Trends amongst home buyers and home sellers
Where Are Concord home Buyers Coming From?
Based on Redfin data, Concord is attracting buyers from all over, and for good reason. Between November 2024 and January 2025, 3% of homebuyers looking to move to Concord came from outside metro areas.
- Honolulu homebuyers searched for homes in Concord more than any other metro.
- Knoxville and Santa Barbara also ranked high as areas where buyers are moving from.
When people sell a home in Concord, CA where do they move to?
A large portion of Concord homeowners are staying local—74% of homebuyers searched for homes within the Concord metro area. But for those looking to relocate:
- Sacramento is the top choice for Concord residents making a move.
- Los Angeles and San Diego are also popular destinations.
Why Choose to buy a home in Concord, CA?
Concord is one of the best places in the Bay Area to buy a home if you’re looking for affordability without sacrificing convenience. It offers easy access to San Francisco and the East Bay, a strong sense of community, great schools, and plenty of parks and outdoor activities. Whether you’re looking for a starter home, upgrading, or relocating, Concord has something for everyone.
Thinking about buying this spring? Let’s chat and see how I can help you find the perfect home in Concord! – Todd Goforth, Concord Realtor
