Friday, February 4, 2011

Concord Real Estate Review

I recently looked at single family sales in Concord, MA over the last 4 years. Sales in Concord were still rising in 2006 & 2007 so the correction hit later there than in the surrounding towns. It appears that 2009 was the low point for Concord. Sales increased in 2010 although the median price was lower. That just indicates that there are more homes in lower price ranges selling now. I looked at the # of sales in the high end $2,000,000+. In 2007, there were 14; in 2008 there were 13; in 2009 there were 4; in 2010 there were 6 high end sales.

I am happy to report that sales are now trending in the right direction!




Source: mlspin

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