Real Estate Market Update for Concord, MA
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Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 40% from one year earlier and up 18% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just under 1.15-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 12% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just over 800-thousand dollars. Overall, The number of units sold Increased 50% year-over-year and Increased 91% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Concord, MA
Area Information for Concord, MA
  • Community Character: Nearby Military Facility(ies), Close to Penitentiary, Stable Population, Low Residential Turnover, Suburb of Boston
  • Population: 18,345
  • Median Age: 36.64 yr
  • Median Commute Time: 26.89 mins
  • Educational Climate*: 5
  • Recycling Likelihood**: 149
  • Sales Tax: 5%
  • Population Density: 722/sq mi
  • Population Change Since 2000: 8%
  • Closest Airport: Laurence G Hanscom Field
  • Closest College: Regis College
  • Closest Jr. College: Middlesex Community College
  • Median Household Income: $135,749
  • Annual Residential Turnover: 11.69%
  • Median Years in Residence: 7.39 yr
  • Median Home Sales Price: $650,000
  • Closest Major Sports Team: Lowell Spinners (a)
  • Change Avg. Household Income Since 2000: 42%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for Concord, MA
Median Age: 36.64 Married: 48% Number of Households: 6,743 Households with Children: 2,401
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Concord, MA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Nashoba Brooks School 1.0 mi Private K - 8 0 0
      Concord Academy 1.2 mi Private 9 - 12 0 5
      Thoreau Elementary School 1.3 mi Public K - 5 4-5 5
      Fenn School 1.5 mi Private 5 - 8 0 0
      Alcott Elementary School 1.6 mi Public K - 5 4-5 5
      Concord Carlisle Regional High School 2.0 mi Public 9 - 12 5 3
      Middlesex School 2.2 mi Private 9 - 12 0 5
      Willard Elementary School 2.3 mi Public K - 5 5 4
      Concord Middle School 2.5 mi Public 5 - 8 5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for Concord, MA
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.