Facebook
X
Pinterest
Copy Link
Concord Market Update: Navigating the Fall Season as a Seller
As we head into Fall, the Concord housing market is experiencing a shift. Understanding these changes is crucial for sellers to stay ahead. Let’s dive into the current trends and what they mean for you.
Market Impact
The Concord market is cooling down, particularly in seasonal areas. Home sales have dropped by 3% compared to a 1% decline in non-seasonal towns. The median sale price remains steady at $583,000 in seasonal areas, while non-seasonal towns saw a 2% increase to $451,000.
Key Strategies for Sellers
1. Competitive Pricing: With rising inventory, pricing your home competitively is key to attracting buyers.
2. Energy Efficiency: Highlighting energy-efficient features can increase your home’s value, as 58% of real estate professionals agree.
3. Renovations: Consider making strategic updates to enhance your home’s appeal.
What to Watch Next
- Inventory Levels: Rising inventory can mean more options for buyers, but slower sales for sellers.
- Energy Efficiency Trends: Energy efficiency is becoming a growing priority for buyers.
- Economic Indicators: Mortgage rates and employment trends will impact buyer demand and pricing.
By staying informed and adjusting your strategies, you can navigate the Concord market effectively this Fall. For personalized guidance, feel free to contact me. Free home evaluation here: http://propertyrate.com/agent
Warm regards,
Phuong Phan
Mobile: 510‑861‑2895
Email: phuong.homes.23@gmail.com
Website: phuong.rpeastbay.com
Office: 1555 Riviera Avenue, Walnut Creek, CA, 94596
